The Sun.
London, England, 1854-04-21 00:00:00

THE SUN, LONDON, FRIDAY EVENING, APRIL 21, 1854.

_ ,(.:'.i

AND
COMMERCIAL INTELLIGENCE.

MONEY MARKE rr

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at from 6,000 to 7,000 bales, of which
1,000 American were taken on speculation. The
market closed firmly at previous rates. The sales •
comprised 200 Pernam and Maranham, at s,id. to
; 100 Bahia, at 6,1 d, to 6id. ; 500 Egyptian,
at Gd. to 9d. ; 700 Surat, at 2gd. to 41d. ; 40 Sea
Island at ls. to ls. 3d. per lb., and the remainder
American. Railway shares were steady.
The market for Colonial Produce reopened on
Wednesday. The quantity offered has been limited.
A steady inquiry for sugar and coffee , exists for
home use. In tea a fair business has been done
tallow has fallen, and Jute is about 20s. lower.;
In spices there has been a decline. Cotton is
quiet, but saltpetr is rather dearer.
Accounts from Canada state, iu alluding to the
prosperity of the colony, that
"Those who are familiar with the varied resources,
and have closely observed the onward progress of the
British colonies in America during the last few years,
cannot fail to be impressed with the attractions they
afford for extensile emigration. The recent reports.
made by the Governor-General of Canada, and Lieut.-
Governor of Nova Scotia, and the financial reports
from the other colonies, afford a glowing exhibition of
the healthy coalition of trade' and commerce in the
respective provinces. With these official docu-
ments before us, and incontrovertible evidence of vast
invaluable resources and healthy prosperity, may
we not bid the. honest and indestrious emigrant and his
family a hearty welcome from their contracted fields and
crowded workshops to our broad acres and labour-
seeking public works, in the full assurance of his enjoying
a competency as the reward of industry. It would re-
quire no laboured argument to show the yeomanry of
England, Scotland, and Ireland, that throughout the
vast and varied British colonial possessions, there is no
colony so full of promise to the industrious emigrants as
British North America. Within twelve days sail of their
own native homes, the climate is known and acknow-
ledged to be more favourable to health and longevity than
that of the Southern or Western States. Land is cheap,
and the soil is superior. Wages are high and labour every-
where in demand. The Free School system is becoming
popular, and will soon be universally adopted. Churches
of all evangelical denominations are numerous. Taxes
are light, and the Government is as free, as liberal, and
as progressive as any well-disciplined mind could desire.
Never was there a more encouraging prospect for the
British emigrant to cross the Atlantic than at present.
The farmer, with his little savings in his pocket, cannot
fail to select a homestead, which, by frugal industry,
would very soon afford him all the comforts of a, happy
rural life. The mechanic is equally sure of employment
and large rewards for his skili, whilst the vast railroad
operations, and other public and private enterprises,
guarantee to the labourer high wages for many years to
come. But, notwithstanding all that has been written on
this subject, these facts are not generally known among the
emigrating classes throughout the rural and manufactur-
ing districts of England, Scotland, and Ireland. Let
them be impressed on the minds of the people, discus-
sed in public meetings, talked about in the family circle,
and the result would be that a large portion of the emi-
gration now going on froth the 'mother country' to the
United States, Australia, &c., would be attracted to the
shores of British North America." •
Tie Chamber of Commerce of New York have
earßtirlyitimehoHncoutrisreinogf
Commonswh
te
mpaosyseedmernestomluatdioenisn
thhe
her Majesty to give special
war not to interfere with neutral vessels ; that a
instructions Mr. G Gibson,
to n'
the praying officers commanding vessels of
memorial be- presented to the President and Con-
gress praying for the passage of a law to put a stop
to privateering ; and that Government should give
notice that any attempt to renew the right of
search for British seamen in our vessels, or pro-
perty belonging to individuals on board of the same,
shall be considered goo:l cause for war.
The New York accounts state that American dew
rotted hemp was held at $195 to $2lO per ton.
The last sale of water rotted was made at $275.
There was no Russian on hand, except that held
by manufacturers. It is said the crop to come for-
ward from Kentucky will be deficient, while that
from Missouri will be so large as to counterbalance
the falling off in the former State. The winter had
been unfavourable for the rotting of hemp in Mis-
souri, and a considerable portion of the crop, it was
said, woulyl be stacked out, and remain over with-
out rotting until the next season. Heavy snows
produce the best rotted and bleached hemp.
The Committee of iVlexic to Bondholders have
received the following letter Iron his Serene High-
ness the President of Mexico :

(Translation.)
. " Mexico, March 14, 1834.
, .
" Sir,—ln
reply to .yqur letter of ' the let in which
In your. owrihame, as urell.as On behalf of you* coostitu-'
Cuts,:. the Mettles* Betidlaohlars, you are pleased to felicitate
me on the mote of cionfaieuce with, which-my ronntrits.a.
honoured me, I feel it a duty to return,you and the bond-
holders my best thanks for the very courteous terms in
which that communication is conveyed. '
" I certainly consider your claim to have the overdue
dividends paid perfectly just, and I am also well aware of
the good effects which must result from the demands of
the bondholders being completely satisfied. I, there-
fore, am using my best efforts to acquit myself of these
sacred obligations, and, if I have not as yet been as success-
ful .as the bondholders and I myself could desire, I have,
nevertheless, shown some earnest of it in promoting the
payment of a dividend a few months ago, notwithstanding
. that at my accession to the Supreme Government I found
myself' without resources to provide for even the Most
pressing wants for the public service, while it was 'also,
found indispensably' necessary to form an army for the '
defence of the country against attacks both from- within
anti froin without.
" However, I am happy to say that the public revenue
is new so much improving in all its branches that I have
now better founded hopes of fulfilling the engagements of
the country towards the bondholders, to whom you may
in my name declare that their just expectations shall not
be disappointed, and that their forbearance and the consi.- *I
derate manner in which they have, hitherto behaved to-
wards the Republic will be found to have been duly ap-
preciated. "I am, Sir, your faithful servant,
" A. L. DE SANTA ANNA.
"Charles Al`Garel, Esq., Deputy-Chairman of the ,
Committee of Mexican Bondholders."

The order to the Customs prohibiting the expor-
tation of iron to the ,Continent, is understood to
be merely preliminary, and will be modified so as
to act as little as possible in restricting trade, and
yet not allow the enemy to be supplied with the
material of war.
The news has just been received of war having
been declared by Russia against ,England and
France.
It is reported that the Bank of England
weekly return will show a further considerable de-
crease in the bullion, according to some versions,
of about half a million, but a portion of this
must be ascribed to the dividends, although
specie even up to this time is taken for exportation.
The Stock Market has been rather variable again.
At the opening, prices were firm, Consols being 87i
to 88, but they went back afterwards upon money
sales, stated to be for the Savings' Banks, possibly
in connection with au exchange of funded for
unfunded securities, to' 871, The latest
bargains have been at 871 to. and since at
87k, 4. The New Thre6-and-a-Quarter per Cents.
have been 871 to 88, and the Three per Cent.
Reduced. Annuities 86' to 86i. Bank Stock
is 211. Yesterday afternoon, before the close
of the market, it dropped from 212 to 2J9,
owing probably to the idea that the renewed char-
ter will not be so favourable to the Corporation,
although there is much doubt whether Govern-
ment, at this time, will give any inkling of its in-
tentions. Exchequer Bills are par to 4s. premium,
and India Bonds Ss. discount.
Foreign Securities have been quiet, with the ex-
ception of Spanish, which have been dealt in at an
improvement to 36l and 37, and the New Deferred
have been steady at 17f. Peruvian 41 per Ceuta.
are about li. per cent. higher, being 60, and the 3
per Cents. are marked 43 to 44. Russian 41 per
Cents. are dull, but firm at 80. Dutch 2i per
Cents. are 57k to 571.
Railway Shares are decidedly weaker. Caledo-
nian have receded about 10s.; Great Northern, 10s.;
and Great Western also, 10s. ; Lancashire and
Yorkshire, and York and North idland, each 1/.
The others in the same proportion.
Mining Shares are firmer, Bank Shares dull, and
Land Companies' neglected.

BRITISH FUNDS THIS DAY.—CLOSING PRICES
( From the Oficial List.)
Business done.
Bank Stock ...-... ............ .... ..... . ........ 2ll
i per Cent. Reduced Annuities B6A i ;
3 per Cent Consols Annuities BB 74
New 34 per Cent. Annuities B7hB iA # 0
Gong Annuities, Expire sth Jan., 1860 „, 4 11-16 13-16
UittG 30 Years, Expire 10th Oct., 1859 .4 7.16
Ditto 30 Years, Expire sth Jan., 1860 5
India stoeic
India Bonds, £lOOO ......................
Ditto, under £lOOO 5 d
Consols for Account 11th May BB 74 1 i
Exchequer Bills, 2d. •
£lOOO
£5OO par 4 p
Small par 4 p

PRICE OF FOREIGN FUNDS THIS DAY.
Chilian Bonds, 6 per Cent. lOO
Pokuviar 'lade Cent.

-n Bonds, 4i per , ,- Ditto 3 per Cent 44 3
Portuguese Bonds, 4 per Cent
aussian Bona, 1822, 5 per Cent. £St 9lt
Ditto 4} per Cent BO
Spanish Bonds, 3 per Cent 36i 7 61
Spanish New Deferred, 3 per Cent. l7i 6

Dividends on the above payable in London.
French Rentes, 3 per Cent.
Dato6 Exehange, 2, per Cont. 12 Guil s7b b
THREE O'CLOCK.
Consols 874
Ditto May Ace()Rut . B7i,