The Sun.
London, England, 1847-10-23 00:00:00

THE SUN, LO9NIJON, SATURDAY
_,EVENING, OCTOBER 23, 1847.

BIRMINGHAM AND OXFORD
J CSC TioN RAILWAY.
(FROM OUR OWN REPORTER.)
It will be in the recollection of our readers that
the half-yearly meeting of this company was held a
short time ago, and that it was adjourned by arrange-
ment until yesterday, when it was held at Dee's
Royal llotel ; P. IL Muntz, EEq., in the chair.
The CHAIRMAN stated that this was an adjourned
meeting, held pursuant to an arrangement made on
the 13th of August last.
Mr. E. MOZLEY said he perfectly understood the
terms of the arrangement, and so far as the dissen-
tient shareholders were concerned, he would under-
take to say that it would be observed to the letter.
Had it not been for circumstances which had recently
occurred he should not have felt it necessary to make
a single remark, but in what he was about to say he
begged it to be understood that he did not wish to
cast any odium upon the directors. It would be in
the recollection of the shareholders that at the last
meeting he took the opportunity of suggesting that
the directors would not press for any call until the
disputes which were now pending in the courts of
law had been decided. He regretted, however, to
state that that course had not been followed, and
legal proceedings against the shareholders had been
taken on an extended scale. He felt the most ag-
grieved at the -manner in which those proceedings
had been carried out. Anything more offensive
than the way in which , those proceedings had been
first commenced it was impossible to conceive, but he
begged the directors to understand that is was from
no apprehension on the part of the dissentient share-
holders of the weakness of their case that induced
him to make these remarks. He made them because
he entertained a sincere conviction that these pro-
ceedings had been hastily commenced, and were
highly calculated to increase the irritability which
naturally prevailed amongst the dissentient share-
holders. He did not wish to derogate from the cha•
racter of the solicitor of the company, but he must
say, that either their orders had been grossly misun-
derstood by their agents, or they could not have been
carried out in a manner so offensive as they had been.
In the town of Liverpool men of the first character
had been served publicly by.bailiffs with writs.
Mr. WHATELEY (the solicitor)—No, no.
Mr. MOZLEY-Mr. Whateley might say so, but he
(Mr. Mozley) had stated a fact, and he was prepared
to prove it, He was not aware that the writs were
in Liverpool until they had been there for several
hours, and the first intimation he received was through
his solicitor. He asked his solicitor what was to be
done, and the answer was, that the best course to
pursue was to go to Mr. Frodsham, the agent of
toM ( sal sl r
the
eWwh
ra ley,tes.
Tahnd give a
eyaccordingly
o rndundertaking to
butap pi‘elarr.
Frodsham started an objection to the undertaking
being given, and wanted to know for whom it was to
be given. Mr. Bargewell, his (Mr. Mozley's) soli-
citor, replied that they were for all the persons who
had received writs, and Mr. Bargewell was then
required to produce his authority, which Mr.
Bargewell consented to do if he were furnished with
the names of the parties against whom writs had
been issued. Mr. Frodsham said he could do no such
thing, and unless Mr. Bargewell could produce his
authority, he had no other course but to follow his
orders and serve the writs in the usual manner. Now
he (Mr. Mozley) believed that this conduct was con-
trary to the usual courtesy which prevailed in the
profession, and the consequence was.that it had pro-
duced considerable excitement amongst the share-
holders. Mr. Lovvndes, a professional gentleman,
and Mr. Swift, one =of the solicitors to the London
and North-Western,,,both declared that such a cir-
cumstance had never occurred in the course of their
practice. Mr. Swift was served at his own house,
and he remarked at the time, " Surely Mr. Whateley
knows that this is all unnecessary, for he knows that
I would have appeared to the writ had he sent me
word that it was issued." Another gentleman was
served in his carriage, and several gentlemen whom
he knew were served on 'Change publicly.—(Cries of
Shame.") These gentlemen, in defiance of the
undertakings which had been offered in their behalf,
were served in the public streets, and several ladies,
for whom Mr. Bargewell was prepared to appear,
were served in the same manner by a common
bailiff.
Mr. WHATELEY—No such thing, they were served
by a gentleman from the office.
Mr. MOZLEY said that Mr. Whateley might have
sent a gentleman to Liverpool, but there was no
doubt that the writs were served by Mr. Frodsham's
orders.

LATEST PRICES OF SHARES,
UN-4' I3ANKS, ASSURANCE. AND OTHER C(Thl
PANIES' STOCK.
From the G&W List,
PUBLISHED EVERY TUESDAY AND FRIDAY EVENING,

sale. The bu'k of this quantity consisted of Madras
I and Kurpahs, which were partly sold and partly bought
in at 4d to 5d discount on the last sale's prices. Pro-
prietors have bought in 237 chests, leaving 700 solJ.
About 600 chests remain for sale on Monday.
COCHINEAL.—This afternoon Cochineal met with little
attention, and 189 bags of Honduras silvers at auction
sold at a further fall of 2d to 3d, low to good went at
3s 9d to 45 7d; 20 bags black sold at a similar decline,
viz., at 5s 7d to Gs 5d for middling to fine.
SALTPETRE.—HoIders of rough wee not disposed to
submit to any further reduction in the value, and they
have refrained from offering any at auction. Privately,
however, only a limited demand has been experienced
from exporters or the home trade. English refined is
only in limited demand, and there is a desire to sell at
32s 6d to 335. Nitrate of Soda has been in brisker de-
mand, and prices are higher.
OlLS.—This afternoon at public sale 18 tuns Sperm
Oil sold at 81/ to 82/ for fine, 60/ for low, and 821 for
good Headmatter. 34 tuns Southern 231 15s to 25/ for
middling to good. 14 tuns Humpbacs 24/ 153 to 261.
32 tuns brown Seal taken in at 221 15s to 231.
TALLOW.—This afternoon the public sales went off
heavily, and at easier rates : 248 casks Australian only
in part sold at 41s 6d to 445, very low 37s to 38s 6d.
150 casks Taganrog 42s 6d to 44s per cwt.

LONDON, FRIDTi, OCTOBER 22.

70XITT-STOCB xtaNns.

Dividend Amount
Same of Company, per of Paid. Price,
Annum. Share.
---- -
--- ----
x X •
Australasia .......... 40 0 os. d. 4
*•• 0 0 16
dritsh.N orth American 5/. per tent. 50 0 0 50 0 -
:ommercial of London 6/. per cent. 100 0 0 20 0 -
jolonial.. ...... .. .. 5/. per cent. 100 0 0 25 0 -
Lfondii and Westminstr 6/. per cent. 100 0 0 20 0 -
Loudon Joint-Stock ... 61. per cent. 50 0 0 10 0 -
&tett opolitan - 25 0 0 710
Provincial of Ireland.. 81. per cent. 100 0 0 25 0 -
Ditto, New... ••• • • • 8/. per cent. 10 0 0 10 0 -
Kational of Ireland .. 51. per cent. 50 0 0 20 0 -
Nat. Provncial of Eng. 5/. per cent. 100 0 0 35 0 -
Ditto, New. •••• • • • • 5/. per cent. 20 0 0 10 0
Union of Australia ... • 61. per cent. 25 0 0 25 0
Union of London... •• 1 51. per cent. 50 0 0 10 0 -
CANALS..
•4 ' ,
4 Dividend
Com
Names of i
<;) Dividend Names of g.,,, per Price.
panies. A ! per I Price' Companies. A Annum.
UAnnum. *o
---- --.
--- -
1
kshtn& Oldh 97 I 51.55. pc 7O Monmouthsh 100 101. -
Ashby-d-la-Z 113 4/. ;-- Mntgemrysh 100 61. -
Barnsley .• • • 160 121. lBO Macclesfield. 100 - 15
Basingstoke.. 100 - ' - Neath ...... 100 201. 340
Brknk&Abrg 150 51. 85 Nottingham. 150 121. -
Jromford.... 1001 141. - Peak Forest. 78 31. 40
Dudley
100 4/. - Regent's ....
8533 i
11. 20
Derby . 4 45.
44
100; 6/. 63 Rochdale .. • •
Ellsmre&Chs 133; 4/. 54 Shropshire • . 125 81. -
Erewash .• • 100 321. - Somrset Coal 150 71.10*. 130
Forth & Clyd 160 41. - Do.Lk Fd St 12 61. p. C. -
GrandJunctn 100 6/. 80 Stffrd &Wore 140 281. 27-
....
Grand Union; 100 11. 10s. 21% Shrewsbury.. 125 151.
Glamorgnsh .1172 13%1. - Stourbrldge.. 145 201. 305
instr&Brklyloo -
Grantham • . 150 121. Severn and] 26 11. 8s• 30
Huddersfield. 57 - - Wye Rail.
Kennt & Avn 391 7s. 6d. N Trnt & Mr../ 80 301. -
Lancaster 471 1/. 10s. - sey ••. • i
Leeds&Liyrp 100; 341. 505 Thams&Med 19 - -
Leicester
Leicstr &Nth 83 41. -___ Strtfrdon Av 79 11. 10s. -
36 Birming.
Loughboroghll42, 701. 530 Wilts & Ras 67 11. 11

BANK OF ENGLAND.
(From last night's Gazette.)
An Account, pursuant to the Act 7th and Bth of Victoria, cap. 32, for
the Week ending on Saturday, the IGth day of (Weber, 1847.
ISSUE DEPARTMENT.
X.
Notes issued.... •• •• 21,989,600

Z.
Government debt .. 11,015,100
Other securities .. 2,984,900
Gold coin and bullion 6,899,485
Silver bullion ...... 1,090,115

£21,989,600

£ 21,939,600
M. MARSHALL, Chief Cashier.
Dated the 21st day of October, 1547.

DOMES.
-
Dividend I Amount I
Name of Company. per ! of Paid. ' Price.
Annum. Share.
---.-___, -.---
,-
X s. d. X s. d.
Commercial .... - 70
' East and West India 6l. pr cent. Stock. - 120
East Country •• 11. per sh. 100 0 0
Landon . ... - 98
it. Katharine --• • •• 5 per cent. , Stock. - 80
Southampton ••..• • - , 21. per cent.; 50 0 0 0 0 0 -
INSURANCE COMPANIES.
Dividend Amount
Name of Company. per of Paid. Price.
Annum. Share.
4 3. d. 4 s. d.
Albion - -...• •• • • 31. 108. 500 0 0 50 0 0 75
Alliance Brit. and For. 6 per cent. 100 0 0 11 0 0 -
Ditto Marine.• ••• • • 6/. per cent, 100 0 0 5 0 0 -
Atlas .• •
50 0 -
British Commercial .• 7s. per share 50 0 0 50 0 6%
iilericl,Xled.&Gen.Life 51. per cent. 100 0 0 210 0 20%
31. 100 0 0 10 0 0
12s. 50 0 0 5 0 0 11
eagle ...... ...... •• • • 6s. 50 0 0 5 e 0
Eng.& Scot. Law •• • • 51. per cent. 50 0 0 2 0 0 -
European Life •• - -5% per cent. 20 0 0 All paid. _
Freemasons' .•••• • • • • 51. per cent. 20 0 0 3 0 0
Globe -.•••••• • • •• - 61. per cent. Stock. - -
Guardian -•••••• • • • • 51. per cent. 100 0 0 36 10 0 45
Imperial Fire ........ 6/. and bonus 500 0 0 50 0 0 210
Imperial Life •••• • • • • 12s. 100 0 0 10 0 0 14%
Indemnity Marine •• •• 11. sh. & bs. 100 0 0 513 1 -
Law Life ...... •• •• •• 1/. 58. 100 0 0 10 0 0 45
Legal and General Life - 50 0 0 2 0 0 -
London Fire .. ••• • • • 10s. 25 0 0 12 10 0 -
London Ship • ••• •• • • 10s. 25 0 0 12 10 0 -
Marine .. ........... 51. per cont. 100 0 0 15 0 0
Med. Invlid & Gen. Life 4%1. per ct. 50 0 0 20 0 2%
National Loan Fund.. 51. per cent. 20 0 0 210 0 -
National Life ......... 8/. per cent. 100 0 0 5 0 0 -
Palladium Life • • 5/. per cent. 50 0 0 2 0 0 -
Phoenix .. .. ...... .. .. 31. p. ct. & bs. - - -
Protector Life •••• • •• 51. per cent. 20 0 0 1 0 0 11. 38.
Provident Life.. • ..... 1/. ss. 100 0 0 10 0 0 -
Rock Life.. . 4s. * 50 0 010 0 4%
Royal Exchange 5l. per cent. Stock. - -
3un Fire. - - -
Ditto Life .• •• •• • IL 69• - - -
Victoria Life . - - 4 0 0 -
LIST OF SCOTTISH COMPANIES' PILICES.
Dividend Amount
Name of Company. per of Paid. I Price.
Annum. Share.
---- -- ------,--...-
.£ s. d. 4 s. d
Bank of Scotland •.... 61. per cent. - 100 0 0 167
Royalßank of Scotland 6/. per cent. - 100 0 149
British Linen Company 81. per cent. - 100 0 0 200
Commercial Bank .... 61. per cent. - 100 0 0 162
National Bank 6/. per cent. - 10 0 0 13%
Union Bank of Scotland 734/. pr sent. - 50 0 0 87
Western Bank Bl. per cent. - 50 0 0 74
North of Scotland Bank 61. per cent. - 50 0 6%
Clydesdale Bank .. 61. per cent. - 10 0 0 12%
Eastern 8ank........ 51. per cent. - 10 0 0 111. Os
Caledonian Bank ..... 7%1. pr cent. - 210 0 41. Rs
Edinb.& Glasgow Bank 61. per cert. - 5 0 0 61. 7s
City of Glasgow Bank . 51. per cent. - 10 0 0 121. Os
Scottish Union Ins. Co. 5/. per cent. 20 0 0 1 0 0 1/. 3s
Elercules Insurance Co. 71. per cent. 100 0 0 10 0 0 12
Insur. Co. of Scetlnd• • 51. per cent. 10 0 0 All paid. 8%
North British Insur... 5% /. pr cent. 200 0 0 10 0 0 23%
Caledonian Fire Insur. 101. per cent. 100 0 0 10 0 0 22%
Edinburgh Life Insur. 61. per cent. 100 0 0 12 10 0 18
Edin. & Glasg. Railway 1/.los. pers. 50 0 0 50 0 0 47
Ditto, IA Shares.... 7s. 6d. p. s. 12 10 0 All paid. -
Edin., Leith, & Grantn - 20 0 0 20 0 0 -
Waspy & Ayrshir Rail. 71. per cent. 50 0 0 All paid. -
51aspv& Greenck Rail. 21. per cent. ,25 0 0 All paid. 18%
qlsgw & Garnkirk Rail. Sl. per cent.' 25 0 0 All paid. 39
Dundee & Arbrothltall. 6/. per cent. 25 0 0 All paid. 39
Standard LireAssnrnce.l 51. per cent.l 50 0 0 210 0 9%

Lvely small.

Mr. WHATELEY said he was not responsible for
Mr. Frodsham's actions. If it were true, as Mr.
Mozley stated, it was contrary to Mr. Frodsham'sinstructions.
Mr. MOZLEY wished to know who was responsible.
Mr. Frodsham declared that he acted according to
instructions, and yet Mr. Whateley said he was not
responsible for the manner in which those instruc-
tions had been carried out. But there was another
act of which he had to complain. Mr. Whateley, in
making. applications for payment ,of the calls, added
,gentleman,i anynmka and
it
d Garnet,
sman.ev righte
have
tOantemeope oanwfi
othertdhi theseoitenhgheeti
hwnr
atlaclteesat
gentleman
to his letter one of the most curious postcripts that
waswa s
addressed . ever penned,
thel‘,iNvot
lzoeal by
tyytah
aGpcoltsyitnacg,r i pwi‘t
ii:rt—h.
Now a more gratuitous addition could not have been
presumed ; and it did not reflect much credit on the
jhuedegaumseenttheofshtahreehsoolldiceirtsorws.ho Hehad shpeoekne
dealtthiths withopenly, i ii
personally
th thise directorsm atter h awdefreeltphuirgshuliyng,inadnidgnthaenyt
hatad ecourse
applied to him to give expression to their sentiments.
He would now move that the meeting be adjourned
to the 16th of September.
M r.MOZLEY. resumed his seat, but immediately rose
again and said he would make one more remark.
Already sufficient damage had been done, and there.
could be no object served in putting enormous sums
into the pockets of the solicitors. He begged to inti-
mate that the shareholders were anxious to have the
question settled by the trial of one or two
actions,
and they would be perfectly content to abide by the
result, and he called on the chairman to consent to
such a course. He (Mr. Mozley) would publicly
state that an application would be made to-morrow
to the proper tribunal for carrying out that object.
Mr. ABEL PEYTON, in seconding the motion, said
that at the last meeting he had been misunderstood.
He then stated that the opinion of Sir Fitzroy Kelly
had been taken, and it had proved adverse to the case
of the directors. On that occasion Mr. Spooner de-
clared that no such opinion had been taken. It was
true that the directors had not taken the opinion, but the
proprietors had, and it was to the effect that he stated
at the last meeting. That opinion was confirmed by
Mr. Parker, Mr. Charles Crompton, and several other
gentlemen connected with the Chancery and common-
law bars.
The CHAIRMAN said he would explain in a few
words how this matter stood. The directors had never
taken the opinion of Sir F. Kelly, because they knew
that he had been retained by the dissentient share-
holders ; but they had taken the opinions of the At-
torney and Solicitor-General, and of Mr. Talbot and
Mr. Godfrey, and their opinion was, that the directors
ought not to rotate, because their tenure of office was
for twelve months from their election. He deeply re-
gretted that anything further should have occurred to
increase the irritability of the shareholders, but the
directors were compelled to have recourse to these
legal proceedings. for the purpose of procuring funds
to keep the company in existence. They must raise
a certain sum of money by Christmas, to enable them
to purchase certain land at Leamington, the compul-
sory power to purchase which would expire at that
period. The directors, therefore, had no alternative
but to resort to legal proceedings to enable them to
preserve the line in its integrity.
Mr. WHATELEY defended himself from the charge
of having violated the etiquette which usually pre-
vailed amongst the legal profession, and declared
that he had acted upon the advice of high legal au-
thorities in refusing to accept of the undertaking of
Messrs. Colborn and Beale, the solicitors to the dis-
sentients. Those gentlemen applied to him to have all
the writs forwarded to their offices to be endorsed
with their undertakings ; but, acting on the advice of
eminent counsel, he declined to comply with their
request, unless they gave him the names of their
clients. It was sufficiently clear that he had pursued
the most prudent course, for since then undertakings
had been given by several gentlemen to other so-
licitors.
Mr. MoRLEY said that all this irritation and excite-
ment might have been avoided had the solicitors to
the company supplied Messrs. Colborn and Beale
with the names of the parties against whom they had
issued the writs. He was glad to say that Mr.
Crossthwaite, who was connected with the Great
Western, entirely repudiated all participation in the
irregular manner in which the writs had been issued.
The CHAIRMAN again deeply regretted the course
they had taken, but he thought that some of the par-
ties must have laboured under misapprehension.
A SHAREHOLDER inquired if letters of apology had
not been sent to certain parties who had been served ?
Mr. WHATELEY said he was not aware that there
had been any. He must express his regret that any-
thing connected with his office should have given
rise to ill-feeling amongst the proprietors, but he
could assure them that his instructions were to use
the utmost courtesy in serving the parties with the
writs.

WATER-WORKS.
Dividend Amount
Paid. Price.
Name of Company, peAnnurm.
shof
are.
s. d.
fast London..• • • • • • • • 81. 100 0 0
Grand Junction • • • • • • 3/. 10s. 41 13 4 90
100 0 0
Vauxhall ............ 100 0 0
115 West Middlesex . . 51.15a.prent. 63 12 9

The resolution was then put and carried unani-
mously, and the meeting separated.

The East Anglian Railway, from Lynn to Ely,
will be opened throughout on Monday.
J.
,11. Parry, Esq., the barrister, and one of the
unsuccessful candidates for Norwich at the late election,
was entertained by a soiree held in St. Andrew's Hall,
Norwich, on Tuesday. About 1,000 persons sat down to
a well-served tea,, with cake and other eatables, which
were placed in sixteen rows of tables.

THE UNITED STATES
AND MEXICO.

LIVERPOOL, FRIDAY, HALF-PAST FOUR.
We have two arrivals here to-day from the United
States, the Oxford from New York, and the Wyoming
from Philadelphia, both bringing American papers of
the Ist instant. Their political and commercial con-
tents are highly important, the political giving further
accounts of the movements of the American and
Mexican armies, by which we learn that the attempt
to make peace had failed, that the American forces
were fighting in the city of Mexico, and that during
the conflict one of the American officers, General
Worth, was badly wounded. The news was commu-
nicated to Philadelphia by telegraph extracted from
letters which had arrived at New Orleans.
These letters state that the propositions made by
Mr. Trist were rejected, or at leagt one portion of
them, and that hostilities had recommenced on the
Bth, in the afternoon, and that a battle had been
fought on that evening by a few hundred men of
General Scott's army, and four of the picked regi-
ments of the Mexican army, viz., the 11th regiment
of the line, the 3d and 4th regiments of light infantry,
and one regiment of the national guards, all com-
manded by General Leon, that the enemy's forces
had been badly used up, and that their loss exceeded
2,500.
The letters say that Mr. Trist's propositions were

these :
That the citizens of the United States would not
have anything to claim from Mexico for damages
occasioned by this war; that the United States would
have the privilege of establishing two factories in
Upper California; and that the Mexican Govern-
ment could, after that time [the time is not given
in the dispatch], if it choose, renew this article of the
treaty.
This was not accepted.
Then Mr. Trist, unclothing himself of his official
power, remarked to the Mexican commissioners that
he thought that it would be much better for Mexico

to cede the whole of Upper California to the United

States, for which that Government would certainly
pay fifteen or twenty millions of dollars. This would
probably have been agreed upon, if the following
article had met with the assent of the Mexicans, that
the Texan boundary line would run along from the
mouth of the Rio Grande, from the left side to the
right side of the Rio Gila. But this last proposition
was rejected ; the Mexicans would not yield one inch
of ground the other side of the Nueces.

The commissioner, Mr. Trist, then asked for forty-
eight days' time to consider, as he said he was not
authorised to accept such a proposition ; but the
Mexicans replied that they would give but five days,
and no more.

On the fifth day of the conference, the 7th inst.,
a letter was written by General Santa Anna to
General Scott, accusing him of Creaking the armis-
tice on some trifling pretext. General Scott replied,
making similar charges against Santa Anna.

On the Bth instant, in the afternoon, a body of a
few hundred men of the American army were sent to
attack Chapultepec ; they there encountered a large
force of the enemy's best troops, and a terrible fight
ensued, in which the Mexicans recived, as usual, a
good thrashing. General Leon, who commanded the
Mexicans, was wounded, and General Balderis, of the
National Guard, was killed.
The small number of the Americans, who, accord-
ing to the Mexica❑ report, fought like devils, retired
to Tacubaya, leaving five waggons behind them. Some
of these had no wheels, while others had no horses.

The loss of the Americans is said to be compara-

A proclamation or manifesto, as they call it, was
issued by General Herrera, Governor of the city of
Mexico, recommending the citizens, men, women, and
children, to collect stones and carry them to the roofs
of the houses, and thence throw them at the Ame-
ricans if they entered the city.
The annexed is from the correspondent of the _Mo-
bile Herald, stationed at Pensacola :
" Pensacola, Sept. 23, 1847.
"The brig Osceola arrived at the Navy-yard last
evening, after a passage of five and a half days from
Vera Cruz.

" She has brought late and unfavourable news from
the army of General Scott.
" It seems that hostilities were renewed on the Bth
inst., Santa Anna and General Scott mutually charg-
ing each other with a violation of the armistice.
According to the last accounts our troops had pos-
session of two streets, and had driven the principal
part of the Mexican force in or towards the Plaza.
Our troops had suffered greatly from the fire of the
enemy, stationed in windows and on the roofs of
houses, and General Worth was badly but not mor-
tally wounded.

‘r Our loss since leaving Puebla is estimated at
3,000 men.

" The proposition of Mr. Trist for the cession of a
portion of California for a consideration of twenty
millions of dollars had been agreed to by the Mexican
commissioners; but another proposition, fixing the
Rio Grande as the boundary on this side, was pe-
remptorily refused.
"It is said that General Paredes is on the road
between Vera Cruz and the city of Mexico with a
large force of guerillas.

‘1- The Sun of Anahuac, of the 16th instant, says
that troops have been arriving in great numbers from
the Brazos for the previous five or six days, and it
does not doubt but that in the next five or six days
there will be from two to three thousand men ready
to march into the interior.

" These accounts are derived from the Sun of
Anahuac of the 16th instant, and brought by the
Osceola, and from verbal communications from Mr.
Dimond to the captain of the Osceola at the moment
of leaving, I have no doubt of their accuracy.
" The news reached Vera Cruz by the Orizaba
route."

COMMERCIAL INTELLIGENCE.
NEW YORK, SEPT. 30.
Great caution is observable in the movements of
capitalists and merchants, produced by the uncer-
tainty which prevails as to the extent of the revulsion
in Europe, and the duration of the war with Mexico.
That the former is more disastrous than was at first
supposed we have abundant proofs. In the case of
Prime, Ward, and Co., we regret to learn that the
assets are not likely to realise more than 200,000
dolls., while the liabilities are 2,000,000 dolls. Ten
cents. on the dollar, it is believed, will be the largest
amount realised by the creditors. The sudden and
overwhelming destruction of English houses has pro-
duced this painful result.
weFrelosuerusletedatdoy. .dayGefonressse,oeoaot
b 5 dolls.
ris., lc. Ce
oinnt ra cts
No-
vember at 5 dolls. 60i-c.; this implies old wheat, for
which the price is 5 dolls. 62c. to 5 dolls. 75c. Wheat
is in demand, and rather better in price. Cotton has
been steady, and 1,200 bales sold to-day. Mess
Pork is quoted at 14 dolls. 50c., and prime 11 dolls.
per barrel, but there were sellers at lower rates.
PHILADELPHIA, SEPT. 30.
Flour is held firmly, with a fair demand for city
use, and light receipts. A few hundred barrels fresh
ground Pennsylvania were taken for export at 5 dolls
75c. For city use, sales at 5 dolls 75c. to 5 dolls.
783-c. for common and good fair brands, and extra at
6 dolls, to 6 dolls. 50c. per barrel. Rye Flour—A
further sale at 4 dolls. 121 c. per barrel. Corn meal
is held at 2 dolls. 87c. to 3 dolls. Grain—Wheat
is, scarce, and in request. A sale of fair white at
1:doll. 24c. ; prime old Pennsylvania red is held at
1 doll. 25c. per bushel, and Southern at 1 doll. 21c.
Rye—A sale at 75c. Corn is in better request. A
sale of Southern yellow at 70e., and 1,200 Pennsyl-
vania yellow at the same price. Oats—A sale of new
Pennsylvania at 42c. Cotton—Prices are steady,
with sales of 90 to 100 bales.

HIGHLY IMPORTANT NEWs.
FROM MEXICO.
ARRIVAL OF THE SARAH SANDS.
FROM OUR CORRESPONDEn%)
LIVERPOOL, VRIDAY NIGHT.
By thel arrival of the Sarah 'Sands :we have just
received New York papers of the 6th instant. She
has 14 passengers, and 40,00"0/. in specie, and some of
her passengers say, that ti
over 240 000/. le Henry Clay is bringing
, Tbiri intelligence will be very wel-
come to the e.ornmercial a public in this country,
s it is but riJasonable that we may expect back a
portion of the
shipped great quantities of gold which we
.nence in the early part of the year.
Thy* accounts from Mexico are very important.
Wz subjoin full particulars, by which you will see
that Jonathan has had hard work in the Halls of the
Montezumsts, and lost a great part of his army in try-
ing to conquer the Mexicans in their own capital.
The steamer James L. Day arrived at New
Orleans on the 25th ult., with the most important
intelligence yet received from the seat of war.
by the New
From the I kcayune of the 26th, received