The Sun.
London, England, 1853-03-22 00:00:00

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-A
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b 441 Se" 414
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NU Fk OW*

MONEY AND COMMERCIAL NEWS.

CITY, TWO O'CLOCK.

The sales of Cotton at Liverpool yesterday were
estimated at 7,000 bales, of which 1,500 American
were taken for export, and 500 on speculation.
The market was tame without alteration in prices.
The sales comprised 6,000 American, 200 Pernam
and Maranham at 6f d. to 6id., 100 Bahia at 60.
to 61d., 300 Egyptian at 7d. to 10d., 400 Surat at
afd. to 4&d., and 30 Sea Island at ls. Bd. to 2s. 6d.
per lb. In Railway Shares only a limited business
was done at lower prices.
The letters by the steamer Parana, from the
West Indies have been delivered, and their general
contents evince more plainly than before the deter-
mination to accomplish that great desideratum, a
reduction of expenditure. At a meeting held in
the parish of Hanover, Jamaica, one of the
speakers made the following curious statement :

" The Hon. Hugh A. Whitelock was called to the
chair, who accordingly addressed the meeting on the
subject of the miserable state of the island and the pre-
sent financial difficulty, and concluded his speech by
stating, that if the House of Assembly could not succeed
in carrying any measures of retrenchment into effect,
that he would positively recommend that the revenues
of the island be handed over to the British Government
for two or three years, who might succeed in conducting
the duties of the Government of the colony commensu-
rate to its prostrate, ruinous, and fallen condition."

It was fully expected that tonnage dues would be
abolished in Jamaica, and the Chairman of the
Committee on the Estimates of Ways and Means
had proposed to do away with the following im-
posts

All tonnage dues, with the exception of lighthouse
dues, a relief of
Hereditament tax, at 6d. in the
pound
Income-tax
The additional imports
And tax on stock and wheels

.E 62,500
The mercantile advices from the Continent are
not of special interest.
At the meeting of the Maria Antonia Railway
this day, a dividend of three shillings on the old
shares, and one shilling on the new shares was de-
clared. The accounts showed a balance of 7,0261.
4s. 4d. The chairman regretted the smallness of
the passenger traffic in spite of the line being further
opened, but hoped it would improve as the other
lines were completed.
The Committee of Spanish Bondholders have
receiTed the following :
" Guayaquil, Jan. 26, 1853.
" I avail myself of an opportunity, via Panama, to
inform you that the Government have received a dispatch
from the Government of the province of Manahi, an-
nouncing that a gold mine had been discovered at a place
called Jama, and that a commission had been dispatched
to ascertain the extent of the same, the results of which
I expect I shall be able to report to you by the steamer
of Ist proximo.

" Private letters differ as to its importance, some
stating it to be inexhaustible, others admitting it is ex-
tensive ; beyond a doubt, the people from that district
are flo wing thither, in spite of bad roads and heavy
rains.

Either by land or sea, it requires about seven days
to reach Jama from this.

"I have commenced my conferences with the commis-
sioners for regulating the debt, on which I hope to report
by the steamers." _ _

" Guayaquil, Ist February, 1853.
"I have the honour to acknowledge the receipt of your
favour of Ist Dec., and beg to enclose duplicates of my
last respects.
"As yet, nothing further is known about the gold mine.
The public opinion is; now not so sanguine as at first, but
we must await the result of the commission sent out by
the Government of Manalie.

" As yet I have not been able to come to any settle-
ment with the commissioners--they made me a proposal
so entirely inadmissible that I considered it my duty to
reject it at once, since which we have not met. His
Excellency General Urbinia assures me that he will urge
on a settlement on an equitable basis. The commis-
sioners insist on even more favourable terms than those
of New Grenada, and also what they will propose as an
ultimatum, must have the sanction of the ensuing Con-
gress, which is to meet in Quito next September."

The English Stock Market has taken an upward
course again, and the much more tranquillising
character of the news from Constantinople has an
excellent effect. The speculators for a fall are not
likely, however, to buy back yet, anticipating many
contingencies before settling day, and asserting that
the French Government is endeavouring to put a
better face on matters than circumstances warrant.
On the other hand, and among disinterested
parties, there is no apprehension of hostilities.
Consols have been quoted 993/4 and are now
about 99i for transfer. For account the transac-
tions have been at 99i to /, and at one period there
were buyers at nearly the highest of these rates.
Exchequer Bills have been marked 14s. premium
for those of June, and Bs. for those dated March.
East India Bonds are 40s. premium. South Sea
Stock has been done at 110.

Foreign Stocks have rallied partially, but are yet
unsteady. Spanish Deferred Bonds have been 244
1, and the Three per Cents. 49. Portuguese Four
per Cents. are 38/ to 4. Mexican Stock is worth
254 to 1,. The Peruvian New 44 per Cents., paid
up, have been done at 884. Brazilian Five per
Cents. are 1031. Sardinian Bonds have been up
to 951 to 96. Austrian Stock is at 99, and Russian
Five per Cents. have been 1184 to 1194 ex div., a
rise of 1 to 2 per cent.
The Railway Share Market has recovered the
fall of yesterday, and, although the dealings are
limited, holders refrain from pressing sales. The
principal transactions have been in Great Western,
North-Western, Midland, and Lancashire, and
Yorkshire. French Shares are up full 11., upon
Northern, Strasburg, and Lyons ; Sambre and
Meuse, are 4 higher.
The Gold Mine Shares are rather looking up,
and the favourable advices received by the Colonial
Gold Company, inspire more confidence in Aus-
tralian undertakings.

The Land Companies Shares are rather higher,
most being done in British American Land, and
South Australian and Van Diemen's Land.
The Australian Bank Shares have advanced, and
also the Oriental.

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

Buonesß done.
3 per Cent. Consols Annuities
Long Annuities, Expire sth Jan., 1860 —
Ditto 30 Years, Expire sth Jan., 1860 6 3-16
India Bonds, £lOOO _
Ditto, under £lOOO 4O
South Sea Stock
Consols for Account 13th April
Exchequer Bills, lid. June. March.
£lOOO
£5OO
Small l4
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Austrian Bonds, 5 per Cent.
Brazilian Bonds, 5 per Cent. lO3l
Grenada Bonds, Deferred,
Mexican 3 per Cent................ ............
Peruvian 4A per Cent BB
Portuguese 4 per Cent. 3B I
Peruvian Scrip .. .... 3i 3 P
.
Russian Bonds, 5 per Cent.
Ditto, 4i per cent lO3l 3
Sardinian Bonds, 5 per Cent.
Sp tnish Bonds, 3 per Cent ... —.. .. 49
Spanish New Deferred, 3 per Cen'i
245 i

Consols . ................
Ditto April Account ...

HALF-PAST TWO.
99a A
99i i

We are requested to state that, on the recommenda-
tion of Lord Palmerston, her Majesty has granted a free
pardon to Paxton and Wynn, who were convicted at the
January sessions of the Central Criminal Court.
SCARCITY OF SERVANTS IN LONDON.—NO less than
forty applications for female servants, have recently been
made to the
master of the Marylebone Workhouse, who
cannot recommend one from the house, although its in-
mates number 1,820. The master states, that so viciously
inclined are the young females in the workhouse, that
they are no sooner supplied with situations, than they
leave their service and return again to the workhouse.
And that within last week three girls, after enduring
imprisonment for misconduct while in service, claimed
and obtained admission to the house. Upon examining
the books, he found that the continuance of workhouse
girls in service, did not.average more than a week. To
meet this evil the guardians have resolved to erect a re-
fractory ward for such girls.
THE CHURCH ESTATES COMMISSIONERS.---The COlN-
mission ers,
appointed under the " Episcopal and Capi-
tular•Estates Act," have just made their second report.
They state that since the facilities for enfranchisement
afforded by the act have become more generally
understood, they have received numerous applica-
tions for their sanction to agreements conditionally
entered into by ecclesiastical corporations with their
lessees. During the present year, they have ap-
proved the terms agreed on in ninety-seven cases
for the sale of reversions, and in eight cases for the pur-
chase of leasehold interests. The value in fee of the
leasehold estates, enfranchised by these sales and pur-
chases, exceeds the sum of 650,001., and they add, that
they hrve reason to expect that the enfranchisement of
their estates will be shortly proceeded with by several
other ecclesiastical corporations, to a considerable extent,
thus confirming them in the opinion expressed in their
first report, that the operation of the act would be to
promote a satisfactory settlement of the Church lease-
hold question. In conclusion they recommend that
Church copyholds be put on a similar footing.
PROFESSORSHIPS IN SCOTLAND. —Yesterday, a bill
which is before the House of Commons was printed, to
regulate the admission of professors to the lay chairs in
the universities of Scotland. Professors are not to be
required to'subscribe to the Confession of Faith, but to
sign a declaration that they will not exercise the funs.
tion of their office to the prejudice or the subversion Of
the Church of Scotland, as by law established.

THE SUN, LONDON, TUESDAY EVENING, MARCH 22, 1853.