The Sun.
London, England, 1853-05-25 00:00:00

1120NEY MARKET AND COMMERCIAL
INTELLIGENCE-(THIS DAY.)

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 6,000 bales, of which 1,000 American
:were taken-on speculation. The market was firm,
but tame. The sales comprised 4,500 American ;
100 Pernam and Maranham, at 6d. ; 1,000 Egyp-
tian, at 61d. to 9d. ; 400 Surat, at 3d. to 44d. ; and
100 Sea Island, at 2s. to 3s. 14d. per lb. Ralway
Shares were quiet at previous rates.
Bills of Exchange were taken yesterday at full
aontes upon the principal Continental cities. Paris,
days, was negotiated at 25 25 to 30 ; Amster-
'loan at 11 181 to ; Hamburgh at 13 84 to and
Trieste at 10 51 to 54.
communication of some interest has been for-
r,rded Mbssrs. Baring Brothers and Co. to
Ite:Coramittee of Buenos Ayres Bondholders, and
uus destroys for the present the hope of a satisfac-
,TY arrangement through the medium of Major
"bite, the aaent of the firm. It was not to be
ePeeted that while the political troubles of the
~'•rgentine Confederation were threatening its very
7,ulietence there would be much disposition to enter
P°ll matters of this kind, but on that account
lf3re is really no cause for despondency. At the
d••atest date there was every probability of peace
,i-ng restored, and, rule who may, the foreign
0114 must be honoured. The following is a copy
Late letter sent by Messrs. Baringtothe Chair-
'Lan of the Committee, Mr. Robertson

" BUENOS AYRES DEBT.

" Committee of Spanish American Bondholders,
:I 8, Broad-street-buildings, May 24, 1853.
The Committee of Spanish American Bondholders
from been favoured with the following communication
of Messrs. Baring Brothers and Co., on the subject
the Buenos Ayrean debt, the publication of which
eh" 41 delayed for a couple of days in consequence of the
11:Ilan's unavoidable absence from town :

" " 'London, May 20, 1853.
.`Sir,-----We beg leave to acquaint you, for the infor-
peatl°,ll of the holders of Buenos Ayres bonds, that Major
yearutid White, who proceeded to Buenos Ayres last
at 'our request, in the hope of making arrangements
thisthe PaYraent of the English loan, has returned to
st country ; and we regret to add that, in the unsettled
f affairs in Buenos Ayres, it has been impossible
of :Lajor White to obtain any settlement of the claims
;VeEnglish bondholders.
kno ‘4t may be satisfactory to the parties interested to
ill °NY i.
that, in Major White's communication with those
nine4,,nthority in Buenos Ayres, they have always recog-
,-, the importance of an early settlement of the Eng-
s aoan
; and he bas received from all parties an
might of their desire to make such arrangements as
atatt be satisfactory to the bondholders, so soon as the
affairs should enable them to do so.
qi:111;•","e need hardly add that, until peace and tran-
th Can be restored, it is not reasonable to expect
elgtea settlement of these claims ; but, if affairs are re-
beii.blished on a satisfactory basis, there is reason to
be °le that the resources of Buenos Ayres would soon
t 148141 faCient to, meet all such engagements.—We have
honour to be, &c.,
(Signed) " BARING BROTHERS AND CO.
"' David Robertson, Esq.,
-Irraan of the Committee of Buenos Ayres
Bondholders.' "

The
that ~, Committee very justly express their opinion
:Qe thanks of the Bondholders are especially
aelid,"° Messrs. Baring, inasmuch as the expense of
the'"g Major White has been wholly defrayed by
exe-`,: When future success results from these
reco
r„"leils, the fact will doubtless have a substantial
,glaition
•
Stock Exchange will hold its meetings on
and after Friday next in the Hall of Commerce,
a very " curt" notice having been given to the
tat,seribers to the latter establishment, much dis-
peZBfaction has necessarily been excited. It ap-
nivrs, that the affairs of the late Mr. Moxhay being
n,toelved at the period of his death the estate went
iNt,ollancery, and that any blame in the present
110ti'llee attaches to the legal advisers. Four days'
the el? °lily has been given to the subscribers to
the their subscriptions being returned, less
partlitte tliat has elapsed since they were paid. The
114 les representing the estate centend that they
itgrAe full power to act thus, under a clause in the
44:lent or proposal, signed when subscribers are
that%lecl ; while, on the other hand, it is contended
' ""e clause in question only gives power to re-
At a where there is misbehaviour.
bait:„llleeting of the members it has been deter-
tr to resist the intention. to close the hail, but
the'PPrehend that there will be some difficulty in
to .4:latter. The proper course would have been
Of glue notice as would allow the frequenters
/I; Ilan to select another place of meeting.
408'ere are no further arrivals to-day from the
I;tralian ports.
te4416 accounts from New York report a downward
1,012.3.1 in the Stock Market.
rrninetheus, from California, had arrived at
Aen„ ork with 170,000 dollars in. gold dust and
alts to the 17th ult. The mines were yielding
411(la tl y.
tl/41 ere is a very thin attendance in the Stock Ex-
k lige and in the City generally, and the Colonial
the
are closed.
Bf,'Lle affairs of Mr. John Attwood, who failed last
Ath, are to be wound up under inspection, and
Properly surplus is expected, if the liquidation is
elperly managed.
be 4° funds are looking up. Exchequer Bills have
en
hi sold, and the proceeds invested ioon
he, ell are looa for transfer, and 1
Il for
i°1,1114. New 31 per Cents. have been 104 to
4t *c Stock has been firm at 229. Exchequer Bills
foreign
Par to 2s. discount.
fere-ateign Stocks are neglected. Peruvian De-
at 101 are at 63. Brazilian 41 per Cents. are
2•23, Spanish New Deferred Stock has been at
The Swedish Loan is at 1 discount.
ktinhuwaY Shares are firmer, although there is not
doing•
4 4Joint Stock Bank Shares are well supported
hhare
5 elci Mines are steady. The Land Companies
qu are very iet.