The Sun.
London, England, 1849-05-16 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday wore esti-
mated at from 4,000 to 5,000 tales, of which 500 were
taken for export, and 1,000 on speculation. The mar-
ket closed firmly without alteration in prices. Railway
Shares were rather better, but only a limited business
was done.
In Mark Lane this morning, a steady trade is doing
in all descriptions of grain, and at fully Monday's price:.
The arrivals include 7,240 quarters of Foreign Wheat, and
3,520 of Oats.
The position and prospects of the Mexican Bondholders
are brought now so frequently under notice, thanks to
the exertions of their committee in London and their
agent in the Republic, that there is hardly any security
with the approximate position of which parties may be-
come better acquainted. It is greatly to the credit also
of the Mexican Government, that they make exertions
to satisfy the just demands upon them, and it is cheer-
ing to observe that their means appear to improve with
their will. We have strong hopes that in time the South
American States will also be all brought, where still
remiss, into a satisfactory compromise.
The committee of Spanish American Bondholders have
received, via the United States letters, from Mr. W. P.
Robertson, to the 12th of April. From these, it appears
that his negotiations with the Mexican Government
were continued with unabated perseverance,
and that he was ably and vigorously supported
by her Majesty's representative, Mr. Doyle. Mr.
Robertson had succeeded in obtaining a pro-
mise from the Finance Minister to apply imme-
diately- to Congress for permission to appropriate
to the purposes of the foreign debt a sum of 720,000 dolls.
to be received from the Government of the United
States, for interest on the current instalment of the in-
demnity money ; and Mr. Robertson would follow up
this arrangement by endeavouring to secure further ap-
propriations from the same fund. He anticipates that,
taking into account the sums that may be expected from
the Custom-house duties at Vera Cruz and Tampico,
in conjunction with the above sum of 720,000 dolls., a
further dividend will be available by January next at
latest. Mr. Robertson expected that the Government
would ere long he prepared to make some proposition
for dealing with the arrears of interest. The question
relating to the cotton licenses, the tobacco revenue, and
the silver duties at the Pacific ports, were also engaging
the attention of Mr. Robertson in his negotiations with
the Government.
We hear it whispered that the further correspondence
which the committee are now having translated touches
upon some rather delicate points, and that Mr. W. P.
Robertson has shown himself a strict investigator, who
may accomplish good, not only with the local govern-
ment, but with parties indebted to it, and who are re.
ported to have not been very strict in their dealings. As
this may be made the subject of particular inquiry, we
reserve further remarks, and may simply state at present
our belief that the bondholders may expect fuller re-
mittances hereafter.
There are advices of January 16th from Port Philip.
The number of emigrants arrived during the month was
3,680, and it is stated that the colony could have housed
during the same time, without at all feeling it a pres-
sure on the labour market, five times the number. The
existing high rate of wages is said to have proved this.
Able-bodied men would not engage under 261., and
females in proportion.
The Sydney accounts of January sth give full details
of tho disposal of the bank of Australia properties, and
the arrangements appear to have given satisfaction to
the shareholders. The Penyard Park had arrived out
safe, aster a protracted voyage of 157 days. Mercan-
tile affairs were as dull as ever, and prices much the
same.

The letters by the Ostend mail state that the loss by
the destruction of the great sugar refinery at Rotterdam
which, even at the date of these accounts, was still burn-
ing, had been from three to four millions of florins. The
Stock Market at Amsterdam, on Monday, was without
any particular variation, as regarded Dutch Securities,
but the Foreign Bondi were well supported. At Berlin
on the 12th inst., Russian Bonds were 104, and at
Vienna, on the 10th, 89-i.
The English Stock Market is exceedingly quiet this
morning, and steadier than yesterday, although a little
flat in consequence of the " drop" in the French rentes.
After a rise ut 3 per cent. within about a week, it was not
to be expecte I but that a re-action would occur at Paris,
especially with the knowledge of some heaviness in the
English funds. Consols have been 90 to 91 for Transfer,
and 91 to * for Account. The New Three-and-a-Quarter
per Cents have been 901 to -11-. Bank Stock is marked
192 i to 194. Exchequer-bills are 455. to 485.; and India
bonds 70s. to 71s. premium.
In the Foreign Market there is some buoyancy in
Mexican Stock, which has realised 314 to 324. with the
coupons. Buenos Ayres have realised 374, and
Brazilian 78 to 1. Portuguese Four per Cents. aro
28.4, and Spanish Three per Cents. 33 to k. Russian
Stuck is 103 k. French Three per Cents. have been 58,
with the excuange at 25 30, and Dutch Two-and..a-Half
per Cents. at 494 to 50.
The report of the South Eastern Railway Cammit-
tee of Investigation has given great satisfaction,
and bears out the statement made for some days past
that it would be of a favourable character. In the in-
discriminate haste to sacrifice their property which the
unthinking ever manifest, this line has been greatly de-
' pressed, in common with others, and we venture to pre-
dict that the Midland report will next attest, to some
extent at least, the exaggeration of doubt and anxiety
that has prevailed. There is one thing clearly shown,
viz,, that although Mr. Macgregor is ekonerated from
all blame, there has been, according to the re-
ceived railway practice, for no deinito line of
action has yet been laid down, a charg-
ing of some expenditure to capital which, as is
contended, and no doubt justly, should have gone to
revenue. We would merely call to mind, however, that
if this is to be quietly passed over in one undertaking,
it should not excite quite so much clamour in another.
It has evidently been a disputed point hitherto, and as
such should be viewed.
The Share Market to-day is again buoyant, and Mid-
land, South-Eastern, North-Western, the York, and
most other lines, are higher.

ONE CLOSING
PH, WES OF BEITISII FUNDS. O'rLOCIC. PRICE'
Bank Stock 192% 191 194
3.per Cent. Reduced Aims ......
3 per Cent. Consols Annuities 9l 90 904,
New 3% per Cent. Ann1.... .
LongAnns. to expire J an. 1860 -16 8%
Ditto 30 yeari>, Jan. 5, 1860 B:s,i 8:li
India Bond., 1,0004
Ditto under 1,0001.. ..
South Sea Stock ....... ..••• --- 98j8
Consols for Account
Exchequer Bills. 11,4 d. & 2d.
1,000/. June 4B 45 p
Small. June
PRICES OF FOREIGN FUNDS

45 p
49 p
CLOSIN=
?RIC F.S.
78
783 A
57a%
3YB

UNE
O'CLOCK.
Brazilian Bonds 7Bl
Ditto, Small
Buenos Ayres Bonds, 6 per Cent. 37://4
Equador Bonds

Mexican, 5 per Cent. 1846, with Coupons 32 1;4 31% 31%
Ditto, Account,
Ditto, Ex Coupons
Ditto, Account
Portuguese 5 per Cents.
Ditto, 4 per Cent 231
Russian Bonds ... ...... ... 103%
Spanish 5 per Cent. 1840.
Ditto, Account l7
Ditto, 3 per Cent ... 33%
Dividends on the above payable in London
[ ;French, 3 per Cent sBf. 58f.
Exchange 2.5f. 30c. 25f. 30e.
Belgian 41/2 per Cent
Dutch 21/i per Cent., 12 Guild LO 49% 49N
PRICES OF PAID. :BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICE 3 .
Aberdeen 5O
Do. Preference ...... 414 ...... 414 ... ... 4%
Bristol and Exeter 9O ...... 57 ..... ......... 57
Ditto, Thirds
Caledonian _
Do. New 101. Pref lO ..... ... 11%
Chester and Holyhead... 50
Ditto, Preference ls
Eastern Counties........ 20
Ditto, Extension, 5 per
Cent., No. 1 61.135. 4d....
Ditto ditto, No. 2...61. 13s. 4d.., par
Exeter,Yeovil, & Dorch. 2%
Great Northern
Do., IA B 6 per Cent... 714 5% 5%
Treat South. and West.
(Ireland)
Great North of England 100 ...... --227
Great Western 100 .... 79 78%
,
Ditto, IA Shares
Ditto, 14 Shares
Ditto, Fifths..... . ...... 20 - ..... 15%
Ditto, New 171........ 15 ...
Lancashire & Yorkshire 93
...., , .....
Ditto, ditto
Do. Fifths... .........
Do. Thirds l5 ..... ...
Do. (W. Riding Union) 9 ... 31......... ... ..
Leeds and Bradford
London, Brighton, and
South Coast 50 _ .., 36 ii,, 7ii 36%
London and N. Western 100
..... 128 127% 12814 1',9
Ditto, New Quarters.. 7 .......
Load. &S. Western...... 50 ...... 331/
Do.. New Scrip, 1848, , -
Pref. 7 per Cent. on
Deposit, and 5 per
Cent. on Calls ...... 5
Man::.hester,Buston,and
Matlock 4% ,
Manchester, Sheffield,
and Lincolnshire...loo
Ditto Sheffield and
Lincolnshire 2O . ...
Midland lOO ..... 6714 66% 68%
Do., do., 0/. Shares 25 ... .. 13%
Do.Consol.Bristol and
Binning., 6 per ct.... 100 ......123%.
North British ........ ... 23 .... , 12%
Ditto, Halves ..
Ditto, Thirds .... .. —8% 3%'/4..
North Staffordshire 171,e l2 !i
Oxford, Worcester, and
Wolverhampton ...... 50
Reading, Guildford, and
Reigate
Shrewsbury and Birns... 11
South Easter u
Do~ N 0.2.
Do., No. 3 ..... ..
.......... , ..
Do., Scrip No 4
South Wales'
York, Newcastle, and ....
Berwick.....
..
Do. Newcastle E alai]. 20
Do. G.N.E.Preterence 8 ...
York and North Alidland 50 29 29 30 29
Ditto, Preference
2150
...... 311,:344..3..%..
.. 4..14...4.
Do. East and West Rid-
ing E.mtonsion
FOREIGN RAILWAYS.
Boulogne and Amiens 2O
East Indian 34
Namur and Liege ...... 20 ... ~ 7% . ........ ....

6814
14!,4
1::31/2
5%
1214

f 0
13IA
4

111