The Sun.
London, England, 1838-08-13 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY (THIS DAY), TWELVE O'CLOCK.

A representation has been made to Government by the Committee of
the South American and Mexican Association, on the subject of the
continuance of the French blockade against Mexico, stating that it is
injurious to all parties engaged in trade with Mexico ; that several ves-
sels dispatched with cargoes from England to Mexico have brought them
back to England : and in short, commercial intercourse with Mexico
is destroyed.
- • ' . . .

An answer to the above representation has been received, dated Ad.
miralty, 27th July, in which the Lords Commissioners of the Admiralty
inform the Committee of the South American and Mexican Association,
" That quicksilver, as merchandize, is of course subject to the rules and
regulations of a blockade; and that the exemption allowed to her Ma-
jesty's packets carrying mails cannot be extended to merchandize."
It appears that some serious disputes have taken place at Tampico
laptween Mr. Crawford: British Consul, and the Commander of the
French brig.of.war, Eclipse, stationed off that port to enforce the
blockade. The Consul was conducting on board the packet Alert,
750,000 dollars, and twenty-five passengers, when lie was hailed by one
of the launches of the French squadron, which he resisted; another
launch was dispatched, and the result was, that seeing the Alert making
preparations to defend the Consul on board, the launches were recalled
by signal from the French Commander. In the course of the day the
Consul remonstrated With the French officer who' commanded the
launches; high words ensued, and the Consul demanded that he should
recognize his official appendage. In consequence of this occurrence, a
French officer was sent home with dispatches to the French Government,
through the United States, and that, on his arrival in Paris,' a Cabinet
Council was held, and it is stated that, after the breaking.up of the
Council, orders were forwarded to Brest for the equipment and dispatch
of threernore ships of war to the Mexican coast.
A mail from Rio Janeiro by the Seagull has arrived, sailed on the
17th June, Bahia 26th June, Pernambucco 3d July. We do not hear
she brings any news of importance. All was tranquil in the above
capital.
We have received the New York Morning Herald, one day later,
of the 20th July, from which we copy the following state of the Money
Market :—The sales at the Stock Exchange have been to a fair extent
to-day, but the prices show but little variation from those of yesterday.
A slight rise has been perceptible in some cases, in others the rates have
receded in a small degree. There is but little dispostion either
to speculate or invest at present in the market. Mecha-
nics Bank closed at an improvement of one per cent. North
River Bank, ; the Kentucky Bank declined 1 per cent, at the
close. Money is plentiful, as a matter of course in the absence of all
commercial enterprises or operations, which would create a demand for

money.
The arrival of the Siddons, from Liverpool, puts us in possession of
papers afew days later. United States Bank shares 121.
We have received Montreal papers to the 18th of July.
THE UNION OF ALL THE PROVINCES AT CORNWALL,—Lord Durham
seems to have publicly revealed his intention of recommending this ex.
tensive scheme.

UPPER CANADA.—The town has been kept in a state of great excite.
ment throughout the week from the circulation of vague rumours of an
invasion there; it does not, however, appear that a number of men
landed near Port Surina, and were joined by many of the disaffected in
the Lindon and Western districts. In consequence of this information
the Government Militia were called out on Tuesday, when every one of
them volunteered to go to whatever part of the province they were
wanted; they were then dimissed, with orders to be in readiness on the
shortest notice.

We have received the Quebec Papers of the 13th July.

UPPER CANADA.—This province is at present in a more unsatisfactory
state than Lower Canada. The mad rebellion of M`Kenzie and his
adherents was chiefly put down by the loyal inhabitants of the province.
The defeated party had only to cross over the river on the lakes, on a
frontier of 700 miles, to be in safety among a people similar to them-
selves. The present attempts are more predatory and vindictive than
the former, and are more truly in character wicked. The ruin of fami-
lies, the destruction of tho property on both shores of the St. Lawrence
and the Lakes by border feuds, and if poslfible the involving of the United
States and England in a war, are no doubt the objects contemplated by
the leaders.
Buenos Ayres Papers to the 20th May received.—They do not bring
any events of importance of the French blockading vessels. On the
17th there was nothing new, and on the 18th the same Exchange
on London. Highest price of doubloons during the week, 150 dollars ;
Exchange, 51.