The Sun.
London, England, 1851-10-17 00:00:00

MONEY and COMMERCIAL NEWS.

CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool yesterday were esti-
mated at from 4,000 to 5,000 bales, of which 500 Ame-
rican were taken for export. The market closed heavily,
and prices of all kinds, except Egyptian and Sea Island,
which command extreme rates, were; id. per lb. lower.
The sales include 200 Egyptian at 6d. to Bid., 600
Surat at 2:11 to 4d., 40 Sea Island at ls. ld. to is. 6d.,
and the remainder American.—ln the Railway Share
Market a fair business was done at rather higher rates.
Active operations have this week been carried on in
the produce markets, and the principal staples have been
at full prices. Sugar and Coffee have each improved,
and the former, British Plantation, has been sold exten-
sively. Indigo has been in more request for exporta-
tion. Cotton is still dull. Spices have been wanted, but
Rice has drooped.
Recent accounts from New • Brunswick inform us
that " certain English contractors, possessing the
requisite means, propose to take up all the stock in the
European and North American Railroad not subscribed
for in the province, provided the facility bills receive
her Mejesty's sanction; and they propose likewise to
build the New Brunswick portion of the Halifax and
Quebec lice, provided similar bills be passed, and the
province, in addition to what she has already pledged,
doubles the quantity of land to be given on both sides
the lines, and becomes a shareholder in that line to the
extent of 250,0001., or otherwise divide its present risk
in the European line with that—in other words, take
125,0001. stock in each, instead of 250,0001. in the
former. Mr. dove's principal objection to this scheme
is, that it would create a land monopoly and give a
political influence out of the provinces, which would be
injurious to the future welfare and independence of their
inhabitants. On the other hand, it is urged that
by the adoption of this scheme, the colonies would
be absolved from all risk beyond their capacity to incur.
The conclusion of Mr. _Howe's letter is very re-
markable, and is looked upon hero as significant of ap-
prehension on his part, that his railway policy will not
be sustained in the Assembly of Nova Scotia. He had
formerly declared that the Government of this province
had pledged itself to call our House together as soon as
the Legislatures of Canada and Nova Scotia had passed
the necessary Bills for the effectuation of his railway
policy, whereas he now informs his constituents that
" The Executive Council of New Brunswick meets on
the 14th inst. They will then decide when the Legisla-
ture of that province is to assemble. If New Bruns-
wick accepts of the terms offered her by Canada and
Nova Scotia, our House will probably be convened at
once to ratify these terms. if this is done, we may
then go to work in earnest; if it is not, we aro adrift
upon the sea of negotiation and epeculation again."
The details of the mercantile mews by the Overland
express are not favourable as to the state of the import
market of Calcutta. Great distrust prevailed among the
native dealers, owirsg to the failures in the bazaars. The
Indigo crop is well reported of. At Bombay trade was
a little brisker, and money still easy.
The Amsterdam Stock Market, on the 15th inst.,
opened better for Dutch Stock, but sales being pressed,
it closed at 57g. Foreign Securities were also depressed,
after having at first rieen.
The English Stock Market has been buoyant, and
there have been good purchases for investment, one for
50,0001. "in a line." The broker of the Commissioners
for the Reduction of the National Debt took 60,0001.
stock. No better decision seems to be come to concerning
the French ministerial crisis, but with the existing abund-
ance of money it is not much heeded. Should auythiug
very serious occur, parties would no doubt refrain from
purchasing, but doubt and anxiety abroad have the ten-
dency of bringing specie to this country for
safety. Consols have been 97 and 974- for Money,
but not higher than 97 to k for Account. The
New Three - and -a - Quarter per Cents. have
been 97i to 8, and the Three per Cents. 961 to Bank
Stock has been at 212 to 213. The premium on Ex-
chequer-bills has been 503. to 533., and on India Bonds
56:. to 58s.
Foreign Securities have been weaker; and, this being
settling day, there is bus little doing except in con-
nexion with the Account. Mexican have been 26i to
2'7, and Chilian Three per Cents. 65. Spanish Five per
Cents. are 20i 4 ; and the Three per Cents. 37i to 381.
At the meeting to be held on Monday, it is hoped the
committee will urge the bondholders to press for
the signing by the Spanish Commissioner of the portion
of the Coupons not converted and for which a receipt is
to be given. If the committee merely signs the docu-
ment, it can be of no official value. Dutch Four per
Cents. have been done, at 90 to k. The Two-and-a-Half
per Cents. are 58f to 4.
Railway Shares have bean weak and rather fluctuating,
but the transactions aro not large. The Foreign Lines
are neglected.
ONE CLOSING
PRICES OF BRITISII FUNDS O'CLOCK. PRICES.
Bank Stool; • , 213 212% 2121,i
3 per Cent. Reduced rinna.
3 per Cent. Consols Annuities.. „„ 97M 97 97% 97 97
New 314 per Cent. Anne.........
Gong Anne. to expire J an. 1860 6 15-16 7 7
Ditto, 30 years, Oct. 10, 1859 634 634
Ditto 30 years, Jan. 5, 1860. 7 74
India Bonds, 1,000/..
Ditto under 1,000/.. 56 58 p 59 p
Consols for Account
kxehenuer Bills. 'l4 a.
1,0001.
5001. ... 5O 53 p 5 t p
Small, ..

ONE CLOSING
PRICES OF FOREIGN FUNDS. O'CLOCK. PRICES.
Chilian Bonds 6 per Cent .... —
Ditto 3 per Cent.
Mexican, 5 per Ct,, ex Jan. Coupe 27 26% 26%
Spanish. 5 per Cent. 1640
Ditto, Account
Ditto. 3 per Cent
Venezuela Bonds, 21/1: per Cent —
Ditto, Account
Dividends on the above payable in London.
Datch 2147 per Cent. 12 Guild —
Ditto 4 per Cent. Co,rtifiaates

NEWMARKET

RACES.

(THIS DAY.)

(BY ELECTRIC TELEGRAPH•)

Match.
Sophistry received forfeit from Hesperus.
The Dinner Stakes.
Harbinger ... walked over
Handicap for threo yrs, &c. T.Y•C•
Lily... ... 1
Longinus