The Sun.
London, England, 1849-07-11 00:00:00

[PRICE SD.

It was thought that the monopoly law would be re-
pealed as soon as the Government had fulfilled certain
contrast e.
From Venezuela, we learn further that the brig Mount
Vernon had been released by Government, mad 10,000
dollar bonds given to meet the demands of the owners
for damages.
Monaps was about forty miles from Porto Cabello.
Public opinion was gradually concentrating against
him.

Advices from Porto Cabello to the 7th ultimo, state
that several priers had lately appeared, containing high
revolutionary articles, It was generally thought that the
present Government could not last sixty days.
The Mexican news is favourable. ()Ingress were con-
sidering the law to appropriate eight millions of dollars
of the indemnity money to the payment of the foreign
debt, and other useful measures were under considera-
tion. An extra session was expected to commence on
the Ist of July. The committee have received letters,
and it is expected three to four millions will be appro-
priated to the foreign creditors, and the stock be con-
verted into Three-and- a-Half per Cents.
The foreign exchanges were steady yesterday.
The foreign news appears to be of a tolerably
favourable character again this morning, and the Public
Securities are firm. The Commissioners for the Re-
duction of the National Debt give the excess of ex-
, penditnre over income for the year ended the sth April,
at 269,377 t, so that, as was of course anticipated, there will
be no investments in reduction of the Debt during the cur •
rent quarter. The extraordinary accounts of the produce
of gold in California, which now comes forward freely,
cannot but have a further and important influenne on
Stocks. Consols have been quoted 92 to 921 fo
transfer, and are new 941 for the opening. Exchequer-
bills have realised 478. to 51s. premium. Bank Stock is
195 i, to 197. The New Throe-and a-Quarter per Cents.
have been quoted 921- to 92g. •
In the market for Foreign Stocks there have been
transactions at 284 to 28i for Mexican. Spanish Five
per Cents. are 17 il-; the Three per Cent., 34k; For 1
tuguese Four per Cents., 30 to 31; and Brazli.an, 83i.
Dutch Two-and-a-Halt per Cents. are 51, and Russian
Bonds, 107 i.
The Railway Share Market has been steady. Eastern
Counties are 8-a to 84; Great Western, 834; North
W. stern, 1314 to 132 ; Brighton, 37 to 36k; South
Western, 361 to 34; M:dland, 664 to 651; and South
Eastern, 21.
BRITISH FUSDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
flank Stock 196% 195% 19
3 per Cent. Reduced Annuities
3 per Cent. Consols Anna ... 92%t
INCW 3!4i per Cent. AIMS. ........ ... ..... . 93/438
Long Annuities, Exp. Jan. sth, 1860 8 11-16 8%
India Stock—
Do. Bonds, 1000/ 7B p
Consols for Account
Exchequer Bills. I !id- 2d.
March. June.
1,000/.
Small 47 51
47 51 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Buenos Ayres Bonds, 6 per Cent... 4414 41 441 i
Equador Bonds ........................ 3%
Grenada, 1 per Cent..
.... ...... ...
Do. Deferred ..................... . 336
Mexican Bow-1.3,1846, 5 per Cent., C.,upons
Ditto Ex Coupons ............... 28!,./2
Ditto for the Account . . 28•14 4
Peruvian Bonds, 6 per Cent
Ditto. 4 per
.Cent., Active 51%
Portuguese Bondi, 5 per Cant 79
Ditto Converted, 1841
Russian Bonds, 1822,5 per Cent 107%
Spanish Bonds, 5 per Cent,lB4o
Ditto Account . ...... .. 71% %
Ditto Passive Bonds 3754
Spanish Bonds, 3 per Cent Cent
Ditto Account
Dividends on the above payable in London.
Dutch 2% per Cent., 12 Guild
Ditto for the Account
Ditto 4 Der Cent. Certificates
Ditto for the Account BOl4
3 T;zINESS DONh IN RAILWAY SHAitEi AT CNN O'CLOCK
RAILWAYS. PAID. PCS SHARE.
x !sera een
Ditto, Preference
:Jinn ingliam & Oxford J aria.,
calls duly pd, or with guar. 20
Birnainghain,Wol.,& Dudley,
calls duly pd, or with guar. 10 ... . 16
doston, Stela, Cs Birming... 5
13aledonian
Ditto, New 10/. Preference 10 ...... 11....... to
Eastern Counties
Do. New Guarant. 6 per Ct. 10
Do. Exten.,s perct.No. 1,61.135. 4d
Do., do N 0.2,6/. 13s. 4d... 34 p... to
East Lancashire ........ . 25
Ditto, New ... .......... .... . 25
Do., 6 per Cent. Preference
Quarter Shares O4 734 to
,lreat North of England 100 233%...... to
-_Ditto, New 304 ... 30 ..... 70
Ditto, New 151......... l5 ...... 3414.
;rent Western 100
riull and Selby 5O ......
Ditto, Half Shares .. ...... 25 ...-. 49
Leeds and Bradford 5O ....AO.; ..... to
London Az Blackwell
Loud., Bright., & South Coast 5037
London & North Western-... 100 ......131i4 to 132
London and S. Western..-... 50 .. ... 3614 to 35%
Ditto, New 40/
tlidland
North Staffordshire..... ...... 17% l 3
Reading, Guildfd., & Reigate 15
Scottish Central
S aith Eastern
South Wales
•;hellield. Rotherham, and
Goole (X. D) Gua. 5 peret. 12
Wear Valley 6 per Cent.
Guaranteed
Do. do. do.
Do. do. do.
1 ark, Newcastle, and Berwick 25
Do. and Newcastle Eaten. 20
York and North Midland .. 50
Ditto, Preference
FOREIGN RAILWAYS
Orleans and Bordeaux ... .. 7, 34 to
Rotten and Havre .. 20
JOINT STOCK BANKS.
Union of London .. 10 -

AMERICAN NEWS,
LivEßrooL, JULY 10.—By the Royal mail steam-
ship Cambria, Captain Shannon, we have advices from
New York to the 27th, and Halifax to the 30th ult.
The Hibernia, Captain Stone, arrived at New York
on the 30‘h ult.

The deaths in New York and other parts of the
American continent from cholera were rapidly in-
creasing in number. In New York, from the 19th
to the 26th of June, there had been 159 deaths out of
333 cases.

The Canadian intelligence is very uninteresting.
St. John the Baptist's day was celebrated on the 25th
ult. with great eclat. An immense procession of
French Canadians paraded the city, and the Catholic
churches were crowded. We are happy to state that
no collision took place, all the reformers of French
descent behaving very peaceably. On the 26th, flour
was quoted 20 9, and exchange was 11 per cent. for
bank-notes.

L We have no later advices from California than
those brought by the steam-ship CrescentCniiitiyb.,
toAan
interesting letter from General P. F
friend in Washington, has been published in the
columns of the Union. The source from which it
comes gives increased weight and interest to its state-
ments. The following is an extract :
" You may think of California in connexion with gold;
and, indeed, a most wonderful connexion it is. As to
the extent of country holding the precious metal, and
the comparative facility with which it is procured, there
has been no exaggeration. The whole slope of the
Sierra Nevada, on the western side, for a length of more
than 400 miles, and in a belt of at least 40, contains in
it greater or smaller quantities; and it may extend still
further, as further research is made. It is found simply
by digging and washing the earth; no expensive ma-
chinery and no intricate mechanical process are neces-
sary to develop the magic hoard. A pickaxe, shovel, or
even a butcher's knife, to loosen the earth and stones,
and the most simple basin for washing, have been as
richly rewarded as the most approved machines from
other countries. Good luck in the labourer choosing
his location has more than compensated for
want of skill. The real difficulties lie in
the hardships to be encountered in the remote
uninhabited spots where the gold is found. Want of
food, overworking, excited by success, bad water, expo-
sure, and dissipation—all combine to exact a heavy tri-
bute far the wealth when found. All aro not successful,
but every one works on, hoping that the next
.blow of
his pick will discover a treasure that will surpass all he
has hitherto heard of. Many die unheeded, many come
off sick; but there are ten arriving from every quarter of
the globe to replace every one who goes. Cbinese,
Sandwich Islanders, Chilians, Peruvians, Prussians,
Mexicans, French, English, Irish, out-number asshare. yet the
Americans; but the latter will soon havetheir
Provisions, woollen clothing, liquors,
mining utensils, sell at enormous profits kitchen and
the mines;
other articles scarcely sell attall
of Woman s gear is alto-
gether a drug. The amount
gold hitherto found is
hard to determine.
It is usaid that about 4,000,000 dolls.
have been exported. I shall be able in a few weeks,
from facts I am collecting, to make some approxi-
mation to it. In the meantime, all this is disastrous
for us. No servants are to be had. 250 dolls, a
month has been refused in my presence by a cook.
All my servants have left, and
yesterday I en-
gaged one at 100 doll,, a month, because he is too
sick to go to the mines; but I shall certainly lose
him f
li ho gets his health. Thel rartermaster pes3s
5,000 ars a year for the house live in, and it would
make a poor toll-house for a country bridge.
.The cli-
mate is cold all the year round and foggy
in the
summer. The hills are bare, and the country is all
hills---(forgive the bull). The beef is execrable, and
vegetab'es—none ; and nobody has time to catch fish if
there are any—viola la carte ! Any one who will come
here to dig gold, or bring goods with him to sell to the
diggers, will make money. No other business will suc-
ceed. Whoever comes must bring a house with him ;