The Sun.
London, England, 1851-07-10 00:00:00

IVITNES.

Paid. .Nanival Prices. Business doneto-day.
Asturian .... •• •• . • • • • • 15
Australian •• •• • 4 Is 4— 2%
Barossa Range .. ••.• • . 113 0 334 —8%
Blaenarvon Iron and Coal all ..
Bolanos Scrip • • •• —• •
British 1r0n...... • • .... 13 5 ..
Brazilian Imp. (is. 5/. p.) 2434
Do. Cocaes and Cniaba all
Do. St. John dcl Rey.. 15 17 1934 xd
Cobre Copper .• • 40 393 41%
Copiapo •• • 14 634 734
General.
Mexican& S. American 9 3% —4%
Real Del Monte, thing.
Do. Black Debentures. • •
Do. Red Debentures .. —•Santiago de Cuba ...... 10 7% —6%
Tin Croft .........• •• •• 7
United Mexican. 28 28% 3% —2%
JOINT STOCK BANKS.
Australasia ........•••• all 33 34'4
British North America.. 50 45 • —46
Colonial ••• • • • 25 10% —l2
Commercial of London.. 20 25 25%
London Joint Stock ... 10 is 17%
London and Westminster 20 27 —2B
National Provincial Eng. 85 .
Do. New ........ •• • • 10 • ••
National of Ireland ...• 22% 18% 20%
Provincial of Ireland.— 25 42 —44 x.d.
Do. New .. ••••• • • • • • all 15% —l5
Union of Australia ...• all 35 36% 34;
Do. New ........ •• • • 2% 3 —2%
Union of London .. •• • • 10 12% 13%
Union of Madrid •--
MISCELLANEOUS.
Canada ••..•••• • • • • •• 32% 44% —46 y,
Gen. Steam Navigation . 14 26% —2B
Pepin. & Oriental Steam. all 69% —7l xal
Ditto ditto 5 11 —9% xd x.d
Royal Mall Steam .. •• .. 60 75 —7B
ewe cannot be answerable for the errors of the Official Lists, and
will not be influenced by Interested correspondents.]

Gen. Steam Navigation .
Penin. & Oriental Steam.
Ditto ditto
Royal Mall Steam .. • • ..
rwe cannot be answers
will not be influenced by

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool yesterday were esti-
mated at 6,000 bales, of which 1,500 American were
taken for export. The sales comprised 5.000 American,
350 Pernam and Maranham, at sd. to 6id.; 250 Egyp-
tian at sfd. to ;id.; 300 Surat at 3d. to 4d.; and 70
Sea Islaud at 10d. to Is. sd. per lb. Brazil were id. to
id. lower. Other kinds were without material altera-
tion.—Railway Shares were flat.
The six weeks' average price of Wheat is officially
returned at 40s. 10d. per quarter. The quantity sold is
70,231 quarters.
The terms upon which the Sardinian loan is issued
have been slightly altered to suit the convenience of
subscribers. The deposit is now 20 per cent. on allot-
ment, the first instalment is to be 15 per cent. instead of
10, but it is to be payable on the 21st August; the
second is also increased to 15, payable Sept. 20; the
third is 10, due Oct. 21; the fourth also 10, due Nov. 21;
and the last 15, payable Dec. 1.
The Secretary of the United States Government
has at length forwarded to the Committee an
answer to the application for the payment of the
indemnity money, and certainly the reasons given
for non-compliance are very conclusive. The Go-
vernment of Mexico has formally assigned over
the 2,500,000 dollars of the indemnity due next May,
and the American Executive says it will be faithfully
paid. As the whole sum bears 6 per cent. interest, there
is no great hardship in the delay. An assignment of so
positive a character, made we may say, in diplomatic
form, since a copy was forwarded to Lord Palmerston,
and the original delivered by a special ambassa-
dor to the committee, becomes au instrument
upon which even a casus Belli might, if the necessity
arose, be founded. There is, fortunately, however, nu
prospect of misunderstanding. The Mexican Govern-
ment makes punctual remittances, and shows every dis-
position to fulfil its engagements to the utmost of its
power, and the new President is firm, able, and honest.
The following is Mr. Webster's letter:---
" Department of State, Washington, June 2, 1851.
" Sir,—l have to acknowledge the receipt of your letter
of the 25th of April last, accompanied by a copy and
translation of an assignment to you by the Mexican
Treasury of 2,500,000 dolls, of the amount due by this
Government to that of Mexico, on the 31st May, 1852,
pursuant to the treaty of Guadalupe Hidalgo. You re-
quest to be informed where the Government intend to
pay the money, and whether it is disposed to make the
payment in advance. In reply, I have to inform you that
the place and time of the payment will be strictly in ac-
cordance with the terms of the treaty. You will here-
with receive a copy of a letter of the 19th February last,
addressed by this department to Mr. Bayly, the Chair-
man of the Committee of Ways and Means of the House
of Representatives. This letter fully expresses the views
of the department upon the subject.
"I am, Sir, very respectfully,
" Your obedient Servant,
(Signed) " DANIEL WEBSTER.
"To Isaac L. Goldsmid, &c., Chairman of the
Committee of Mexican Bondholders, London."
The inclosure in Mr. Webster's letter is a communi-
cation from Mr. Webster sent last February to the
Chairman of the Ways and Means, in the House of Re-
presentatives. It appears that a Mr. J. D. Marks was
alleged to have made a contract with the Mexican Go-
vernment for the payment of the third and fourth in-
stalments due to that Government by the United States.
To show the real bearing of the case, Mr. Webster then
quotes a paragraph from the treaty of Guadalupe
Hidalgo, which states:—
" Immediately after this treaty shall have been duly
ratified by the Government of the Mexican Republic,
the sum of three millions of dollars shall be paid to the
said Government by that of the United States, at the
city of Mexico, in the gold or silver coin of Mexico.
The remaining twelve millions of dollars shall be paid
at the same place and in the same coin, in annual instal-
-1 meats of three millions of dollars each, together with
interest on the same at the rate of six per cent. per an-
num. This interest shall begin to run upon the n hole
sum of twelve millions from the day of the ratification
of the present treaty by the Mexican Government, and
the first of the instalments shall be paid at the expira-
tion of one year from the same day, together with each
annual instalment, as it falls due, the whole interest
accruing on such instalment from the beginning shall
also be paid." •
Hereupon Mr. Webster observes, in continuation:—
" This being a treaty stipulation no branch of this
Government can alter the obligations which it imposes
upon the United States, or enlarge the rights to which
it restricts the Mexican Government. This can legally
be done only by another treaty, duly negotiated and ra
tified. The article referred to confers no right upon.
the Mexican Government to draw drafts upon the
Treasury of the United States, and imposes no obliga-
tion upon that department, either to accept or to pay
them. The Mexican Government is to receive its money
at stated times, in Mexican coin, at the city of Mexico.
•• It is well known that when the treaty was sent to
the Senate for ratification, the following words followed
what has been quoted from the 12th article:—

" ' Certificates, in proper form, for the said instal-
ments respectively in such oases as shall be desired by
the Mexican Government, and transferable by it, shall
be delivered to the said Government.'

" But the Senate declined to advise the ratification of
the treaty with these words in it, but amended it by
striking them from the article, and thus amended, the
treaty was finally agreed to by both Governments."
Now it is a very fortunate circumstance for the bond-
holders that such a permission was refused, or the whole
of the indemnity money would long since have been
discounted. As it is, they are sure of payment. Messrs.
Baring Brothers are usually the agents who act in
Mexico for the United States, and no other firm pro-
bably, except Rothschilds, could possibly carry out the
operation connected with the payment of such a large
amount.

The Funds are very quiet this morning, and the cir-
cumstance of the French rentes coming slightly lower
bas its influence. Consols have been 96i to 97, the New
Three-and-a-Quarter per Cents. 981 to 99, and the
Three per Cents. 97 Exchequer-bills have realised
50i. to 535. premium.

The Foreign
Stock Market has been very fluctuating.
Sardinian Scrip has been l to 2k premium. Mexican
Bonds opened at 33, have since been 32k, and aro now
32k Peruvian Stock has been 894 to 90. Portu-
guese Four per Cents. are at 34. Spanish Five per
Cent.. have realised 20k. Dutch Two-and-a-Half per
Cents. are 591.
Railway Shares have been rather flat again, but the
traffic returns generally are all that could be desired.
North Stafford and North-Western show particularly
well.

The last week's Railway receipts ascertained up to
this day are in round figures as under:-
1851. 1850.
Great Western...
North-Western X 61.239 ••• 46,516
South-Western 16,744 ••• 11,723
Brighten
Midland
South-Eastern
•••
North Staflbrd 5,705 5,103
••
Caledonian
QUARTER TO THREE.
Consols ... .. g06.97
Ditto Account ...
.. ...
. :.. 96i 97
BRITISH FUNDS Tills DAY AT ONE O'CLOCK.
From the Official List.)

8 per Cent. Reduced . 973% %
8 per Cent. Consols Anne. ............... 96% u 7
New 3U per Cent. Amis. .............. 9”43/4 99 9834
1.,0ng Annuities, Exp. Jan. sth, 1860 7%
India Stock ...............................
Do. Bonds, 1000/... 6O p
Consols for Account .................... 97 96%
E lehAnner Bills. kid
1,000/. ..................... 50 53 p
.........
...... 60 53 p
......
Small ........................... 50 53 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
bL&xican Bonds, 1846, ex Jan. Coupons
Ditto Account ... 33 32% %
3214,
n Bonds, 6 per Cent........
Ditto Account ......
Portuguese Small
ese Bonds, per Cent —
Ditto, Small . ..........
Ditto 4 nor Cent.
sordinian Bonds, 5 per Cent.
Do.. Scrip ..... ...........
epanish Bonds, 5 per Cent —
Ditto for the Account
Dividends on the above payable in London.
Dutch 214 per Cent., 12 Guild
Ditto 4 per Cont. Cerfritieates

DEATH of AN ARTIST.--We are sorry to an-
nounce that Mr. T. S. Bell, late a student in the Govern-
ment School of Design, who, on the recommendation of
Sir Richard Westmacott, 11. A., was sent out in November
last, by the trustees of the British Museum, to act as a
draughtsman under the direction of Mr. A. H. Layard, in
carrying on his excavations amongst the ruins of Nineveh,
was unfortunately drowned on the 13th of May last, near
Brian, whilst Whin
in the river %MO; about i 2 miles
from 10onzui.