The Sun.
London, England, 1852-10-19 00:00:00

Jaquenetta ..,
Liverpool Junior

Tickton ...
Elizs Middleton

MONEY AND COMMERCIAL NEWS.

CITY, Two o'CLocR.

The sales of :cotton at Liverpool, yesterday, were
estimated at 10,000 bales, of which 500 American,
and 600 Penams and Maranhams were taken for ex-
port, and '2,000 American on speculation. The mer-
ket closed firmly at previous rates. The sales com-
prised 7,000 American, 800 Penams and Maranbams,
at bid. to 74d.; 70 Bahia, at 61d.; 800 Egyptian,
at 511. to 64d. ; and 1,500 Surat, at 3id. to 5i d. per
lb. In Railway Shares a good business was done at
higher prices.

At the indigo auctions 2,089 cwt. passed yesterday,
of which 798 were withdrawn, 540 bought in, and
751 sold at rates fully equal to those of Friday; 400
cwt., Madras, only partly sold from 4d. to Bd. advance.
The railway meetings announced are the follow-
ing
Aberdeen, 21st October, Radley's Hotel; Dijon and
Besancon, 25th October, Paris ; Great Indian Pen-
insula, 29th October, office ; London and South
Western, 26th October, London Tavern.

The directors of the North British appear to have
been wrongfully taken to task for not paying the
dividend on the Preference Stock. In truth, how-
ever, they have no option in the matter; one of the
original shareholders having initiated proceedings in
the Scotch courts to restrain such pzyment. We are
told that, if the opposition be persevered in, the suit
may last two years. Really, such frittering away of
means is much to be deplored.

In making a call of 103. per share (making 81. 17s.
paid), due the 15th November next, the directors of
the Fleetwood, Preston end West Riding Junction,
annex the following :
"I am instructed to inform you that the Longridge
Company, having refused to carry out the recent agree-
ment, by which four-fifths of the profits of the line
were secured to that company, and one-fifth to this com-
pany, and having insisted upon the full rent of 3,0001.
per annum, your directors thought it inexpedient any
longer to work the line, or to pay such rent out of calls.
This determination induced the Longridge Company to
re•enter upon their line leased by them to this company,
con.equently this company is released from the liability
of 3,0001., per annuli.,

" The present call h made to pay the large balance
owing to the bankers, and entirely to free the company
from debt. Unless some arrangement should be pro-
posed, obviously for the advantage of the shareholders,
the directors believe that no further cell will be re-
quired."

The Committee of Spanish American bondholders
received this morning the subjoined communication
from Mr. Mocatta, their agent, dated " Guayaquil, Ist
September, 1852 ":
" I have the honour to inform you that the National
Assembly have elected:General J. M. Urbina,:President
of the Republic, and that ho will take the oath of his
high office to morrow. I deem this favourable, as I
have reason to believe his views are favourable towards
a fair arrangement of the Foreign Debt. The Assembly
will now proceed with financial matters, and I am in
communication with the " Committee of Public Credit,"
who, I am happy to say, are re:tot:amending a measure
to give the executive ample powers to treat with me. I
shall within a fortnight have the advantage of Mr. Cope's
assistance, as he is coming from Queto, of which I shall
avail myself of, whenever I deem it essential so to do.
I shall now have a constitutional government to treat
with, which has not been the case until now, thus the
cause of delay in my proceedings. I have nothing fur-
ther to communicate at present, remaining, &c.
E. MOCATTA.
By the British barque Enterprise, 35 days from
Port Philip to Valparaiso, we have dates to the 28th
July. This vessel had teen sent over in ballast, for
the purpose of procuring flour and provisions. The
mines continue to increase in richness and quantity
of gold, and further discoveries were making in all
directions. Provisions of all kinds were scarce and
high, and it was thought that large importations
would be required to meet the demand of the present
emigration.
The English Funtis are very buoyant. Console
bring ICu to for transfer, and 1001 to for Account.
The New 3i per cents. are 103 i to Bank Stock
is 222 to 224, being still rather flat on account of
sales. Exchequer Bills are 763. to 78s. premium.
Foreign Stocks are generally lively, but Spanish
Deferred have not quite reached yesterday's rates,
being 251 Mexican have advanced to 25 to 251;
Buenos Ayres are in demand at 78 to 81 ; Turkish
Loan is fluctuating, but on the whole better, being
5i to 6. There is some uneasiness concerning Minis-
terial changes at Constantinople, but the contractors
are stated to have convinced the committee of the
Stock Exchange that they had full authority to make
the loan in the way they did.
The Spanish Bondholders' Committee are verypro-
psrly, discussing the expediency of moving again to
promote the claim of the coupon holders.
Railway shares continue very good, but there is not
so much doing. French shares are buoyant. Gold
mines are in favour still.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK
(From the Official List.)

corm CLOSING
PRICES OF BRITIsII FUNDS O'CLOCK. PRICES.
Bank Stock
3 par Cent. Reduced Anne.
3 par Cent. Consols Annuitie s lOO% I/2 1004 14
New 34 per Cont. Anna ......, 103 j % 10314 %

India Stack --.
India Bonds, 1,000/.
South Sea Stock —
Ditto Old Annuities
Consols for AcCOVIt ..
.4 .2c.chequer Bills, LW, March.
1,0001. ..
78 6
500/.
...._

85

Small,

9334
R.% lii
June.

ONE
PRICEM OF FOREIGN 7 CND& O'CLC:IB, CLOWNS
PRICES.
Brazilian Bonds, Small
Buenos Ayres Bonds, 6 per Cent 7B 81 79 78 8179 lAt
Grenada Bonds,Defelred... ... .....
25211/2 211/0
Mexican 3 per Cent l/4 5 251/g 5
Peruvn. Bonds, Deferred 3p. Cent 103 103
Rnssian Bonds, 1822, 5 per Cent llBx 1183
Ditto, 414 per C2nt
Sardinian Bonds, 5 per Cent.
Spanish Bonds, 3 per Cent 51% 511/s '3'a
Ditto New Deferred, 3 per Cent 255/8 3% 25% 1,47/8
Turkish Loan, 6 per Cent., 1852 4% 6 5% 4% 6 5%
Frerch R2ntes, 41,4 per Cent. losf. 105 f
Belgian uond7, 5 per Cent 983/8
Dutch Exchange, 21/4 p. Ct 12 Guil 65 65 M
Dutch Exchange 4 p. Ct. Certificates 96/, 963/8 1A
Ditto 80nd5....... 95% 95% 6
QUARTER TO THREE.
... 1006 i
... 100 ii

Comols ••• •••
Ditto Account. Nova 13 ...

THE COTTON TRADE.

We have received through favour of Mr. James
Irvine, Liverpool, the following report :
" NEW ORLEANS, 25th Sept., 1852.—The inquiry
during this week has been quite animated; factorameet-
ing the demand freely, were enabled to recover a part of
the decline of the previous week, and to maintain prices,
notwithstanding the heavy receipts, stiffening freights,
dull exchange market, and unfavourable accounts by the
last two steamers from Liverpool. Saturday, 2,000 bales
were sold; Sunday, the Pacific's advices were received;
Monday, the sales were 6,000 bales,with firm prices; Tues-
day, rates stiffened and 5,000 bales were sold; Wednesday,
the Africa's accounts of 11th September, from Liverpool,
came to hand, and 3,300 bales changed hands; Thurs-
day, 4,000 boles; yesterday, 2.700 bales; and to-day, as
fares reported, about 1,500 bales, the market closing firm
at our quotations.
" The demand is becoming more general, the principal
purchases are for Great Britain and the North, some oc-
casional lots being taken for Spain, Genoa, or Havre,
for which latter place a ship of about 1,800 bales has
been laid on. Various lists have been bought on
speculation for resale here, as with a continuance of the
unfavourable accounts from the country, a further ad-
vance in our prices is expected by many. We quote to-
day for strict classification, good stapled cotton!—ordi-
nary to good ordinary, 8/ 9; low middling, 9 10; good
middling, 10i 1; unfair, 10k .1; fair to good fair, 11 12. '
" The receipts continue liberal, being for the week
29,626 bales, against 17,985 bales same period last year.
A small portion of the cotton coming to hand now is
only below middling; the fine descriptions, however, ere
becoming very scarce, and the market does not offer any
more the same splendid assortment we had Some weeks
ago.
With regard to the growing crop theadvieesre
re-
ceived during the week do not snow any improvement;
on the contrary, the complaints of damage by rot and
bollworm aro on the increase, :Ind the prospects for
another large crop are daily becoming more fain'.
" Freights are firm. Little alteration in Exchg
"E'CIIRODER AND QUENTEaLnL7;

-----
THE YACHT AMERICA.—Another acceptance of
Lord De Blaquiere's challenge has been made. Lord Lon-
desborough has offere I to run a schooner of 180 tons 0.M.,
just laid down for him by the Messrs. Lymington, of Poole,
against the America, upon any course which Lord De Bla-
quiere may name—the match to be for 1,000 guineas, and to
be sailed in the month of September next, that being the
earliest period at which this vessel can be built, and inr
proper trial found.