The Sun.
London, England, 1851-08-12 00:00:00

Asturian ........
Australian .
Barossa Bangs .....
Blaenarvon Iron and Coal
Bolanos Scrip ... . • .
British 1r0n... ... • • ....
Brazilian Inip. (Is. 51: p.)l

3% -3%

Do. Cocaes aii.l Cuiaba. 1

Do. St. John del Rey..
Cobre Copper .•
Copiapo ..... • • .... • • •
Mexican& S. American
Real Del Monte, U►+reg.

18 -19,% X(
- 36
6% -7%
13 -14
-xyl

Do. Black Debentures.

Do. Red Debentures ..
Santiago de Cuba ......
Tin Croft
United Mexican........
JOINT

3 -3%
6% - 8
3% -2%
K BANKS,
34 - 354
45 -46
10% - 12
25 - 25%
18% - 17%
27% - 28%

Australasia
British North America..
Colonial .... ..........
Commercial of London..
London Joint Stock ....

25
28% 29 *I

Lon,:Lon and Westminster
National Provincial Eng.!
Do. New ..... • • • ..!
National of Ireland ....
Provincial of Ireland....

18% - 20%
42 -44

Do. New
Union of Australia

15% - 16%
35 -36%
3 -3%
13% - 14%

Do. New
Union of London
Union of Madrid ..

Canada ..............
Gen. Steam Navigation .
Penin. & Oriental Steam.

ZEL:
32%
14

:aINEOUS.
48 —49
26% 28
69;i 71
11 9 id 9
75 —7B 80
te errors of the Official Lists,
1 correspondents.]

Ditto ditto
Royal Mail Steam
Iwo cannot be answer
will not be influenced by

lble for ti
intoreste,

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool yesterday were es
lopti'
mated at 8,000 bales, of which 1,000 American an
0
Sea Island were taken for export, and 1,000 Surat cm
speculation. The sales comprised 6,000 America!), siv
Perham and Maranham at sd. to 7d., 50 Babia At 6ld:
100 Egyptian at 51d. to 81d., 1,500 Surat at 24c1. t°.;el
and 200 Sea Island at Is. to Is. 10d. per lb. Alliert,,,
and Surat was rather dearer, other sorts without
ation.—ln Railway Shares only a limited business w."
done at slightly iwproved prices.
The committee of Spanish American bondholders
received the following letter from Mr. Lord, °lei"
agent, dated

" La Guayra, 10th July, 1851'
"113
With reference to the preceding duplicate o,:e
,
last of the 25th ult , I now beg to inform the coma
that I have concluded with the Finance Minister .73
agreement consisting of 12 articles, for the capitaliss
so"d
of the art ear inteust to the Ist of April last, at port net
for the amount bonds are to be issued bearing 5 ,r,rit,
cent. interest, and a redemption fund besides of 5 per the
per annum—say. 10 per cent. on the amount or in,
bonds to be assigned annually; and, after paying tAll,,ecip-
terest and charges, the surplus to be applied to
lion. This agreement has been approved by 03° ".;neil
dent and his Ministers, but the sanction of the C°,et,
of Government is still required, and that will, lioYr'ee.
be obtained in a day or two. This completed, theag oo
ment has then to be submitted to the bondholder 6
the one hand, and on the other, to the Congresl
January next, for their approbation respectively..
" When the agreement is before the conirn't, en'sr
u
trust, they will find that it comprises all needful
ticulars, tbfit

" The Minister has complained to Senor 8eie5,7311
my last note was couched in strong terms. I c3° oroa
say that it was so, because strong language had sea
necessary in asserting the rights of the bondholderf:tve,
" It is fit that I should hero apprise the coteleliof
in regard to the Customs' revenues, that we are offs
in the season of least activity in business, when 011;0
are trivial, and that the crops have nearly all with
shipped off. The active season usually commences ir
the month of October, and continues without /ate°
sion to the following May.
(Signed) " H. J. LicalP:toto,
The accounts received yesterday from Demerara
that the colonists were gratified to learn on the arr'critsil'
the last packet that the directors of the Demerara -to
way Company in London had sent out instructiorligd
the managing engineer, Mr. Manifold, to proeeedeiedt
the line as far as the terminus originally contereP'loo
the village of Mahaica. Previously to the receipt oil
instructions, it had been arranged that the railivaY,elltnerat
only be carried as far as a place called Vle,,-ter
several miles short of the former village. We
;tl3O,
tain little doubt ourselves ;that in coming .c/e,
resolution, the directors have not only
honourably, but prudently—because, while Vict°-fest
the centre of nothing in particular except 6/14
houses, Mahaica is the natural entrepot of a .r eol
and important district, comprehending the eetiti
what may be called the grazing district of Orlo
)fe
Guiana. By terminating the line, therefore, atodbo
haica, the directors may calculate on commaedi"
whole traffic of the surrounding district, includll tbl
droves of cattle constantly sent down to OPP isoo°
markets of Georgetown. It is understood that u° oco
as the dry season sets in, Mr. Manifold will copul
a.
operations on the line between Victoria and Mahei,cjoll
The steamer Severn has arrived with advises 01 ,1.011
14 from Rio de Janeiro, and curiesponding dates 'lO4,
the River Plate. The preparations for war colltainitpf
and the confederation against Rosas was g-- 1,1i04
strength. On the other hand, however, Rosas, it„lsit°o
had accepted the proffered mediation of Great' Pr-fidd
2 4
At Rio the rate of Exchange on London was 29d. 9beso,
with a large business doing. Extensive sales had -130
made in Coffee, and large parcels of piece gouer 1161
been disposed of by auction at lower rates. The -13
crop would be about 1,300,000 bags. be°
At Buenos Ayres a considerable business he
done in winter goods, but cotton fabrics were dui1"0,00
The transactions in Spanish Bonds at Amster°
the 10th inst., were at feebler rats.
The Funds are very steady, but not active. u,"ite
bring 96-i- ?, for Transfer, and 96f1 for the 'OO
September. The New Three-and-a-Quarter Per.,l
have been 98* to 99i, and the Three per Cents. 9;4 ff.
Bank Stock has been well maintained at 2lbe'
chequer-bills have realised 465. to 495. prelniolll3' )300i1j
Foreign Stocks have ruled heavy. Mexicsll,„. ors
have fallen to 30i and 30. Spanish Five per Celi`"beio
about 204 to 21. Portuguese Four per Cents. have Ole
32i to 33f. Brazilian Old Stock is at 91. 11455ie1l
per Cents. have been at 115 i. spa's
Railway shares have been very quiet again,
some instances cheaper, but there ary very few ie' coal'
The directors of the East Lancashire Railway ear);
pany have issued their report preparatory to the Teo: tlO
on the 20th inst. They recommend a dividend 006
rate of 2 per cent. per annum on the ordinal 0,0
capital, after payment of which 1,5571. Is. 10d. vjte:,
added to the reserve fund, and then proceed to 5!5,.
" The directors have given their attention du it
past half-year to the importance of closing the 00'
account with as little delay us possible, and coesioctioal
progress has been made in the
of several matters on which the actor
of that account depends. The d'ffo- r Il3°
have been able to discharge all claims on capital lls, ot
past half-year, without making any further eeio gad
issuing any additional amount of Preference Stc)c oder,
it will be seen that the improved position of sheet,e 11/16-
taking, combined with au easier money riser—pst c;,
enabled them to reduce the average rate of ln,te,r-ti011,,,
the mortgage debt of the company; and this roll' Pf
likely for the future to be carried still further:ioesS
general traffic of the railway has met the expeelP 0i
the board, showing, as compared with the gr°s9ose
of the corresponding half-year of 1850, an lacr`
nearly 33 per cent., as under:— 6 I
1851 £102,56411
1850 ,„ 77,167 10

..• •••
Increase ••• ••• £25,396 la ~rise!
" This increasoin the receipts of the railway Or tos''
pally attributable to the gradual extension of tbe
ness of the company—to better arrangements f?try ao
ducting your merchandize traffic—the punctual'foeo,
convenience of your passenger trains, and gof l 0;
improvement in the management and working, o'‘
undertaking, and not from the opening of nor h.,l3oetl'oe,,
other extraneous circumstances. The working eft4cotl`i
on a comparison of the same periods shows shooooo
able result, viz., 60 per cent. for June, 18509.,s`c"reo,°,
44 per cent. for June, 1851. There is 0,111:01 vas
of about one per cent. in the working expeeshe,:if.le;
past balf•year as contrasted with those of the P-by h:
ending December, 1850. This is accounted for ie td
proportion of passenger traffic having been large-cp 5/in
latter half-year than for the half-year just closet 'of d'
therefore the increase is consistent with the fiie'ile°l'
improved and economical management of the rtlre 10,41
Nothing has occurred since the shareholders Aegoiro
assembled to interfere with the traffic a.r.,,rr°,„go• tAbi
existing between the London and North-Vl' esfor
Lancashire and Yorkshire, and your cornPal3t Vieth;
viding the traffic at several competing point' red
shire and Yorkshire. The directors are asstl—ci
company's officers that the permanent way, alltbo 11,t'd
l
stock have been kept in efficient repair during chow
year, and that the expenses have all been dui,'
to revenue." 7.00

QUARTER TO
Consols ..,, ..
...
... 96j.
Ditto Account, Sept. 11 ... ... 96.„4,01,00
O'
BRITISH FUNDS THIS DAY AT ONE
(From the Official List.)
215% v
Bank Stock
3 per Cent. Reduced Ammities......
975 N, LL
8 per Cent. Consols Anne.
New 314 per Cent. Alms. .... ..... . 9? :.7 P
India Bonds under 1,000/ .......••.:: 5' 3/
Consols for Account .96d.4-
1-5.*
Exchequer Bills. 49 46 P
1,0001.
49 46 P
!),N)/ ,
Small
PRICE OF FOREIGN FUNDS AT ON1;
Bramlian Bonds, 5 per Cent....... 91
biaxiesn Bonds, 184 G, ex Jan. Coupons 72:0"yi 30

Ditto Account . ...... .... ...... - • -
Portuguese Bond 5,5 per Cant ......
323/1
---
Ditto 4 uer Cent. ..................
115th
Russian Bonds, 1822, 5 per Cent...
Sarrdinian Bonds, 5 per Ctnt. . ........
Do., Scrip ...... .. ..........ar
.............. P3B 174
:ipanish Bonds,3 per Cent,lB4o ...
Dividentla on the above payable in Loodoo•
._v.—....----.•----...... ollie
----- -1,-, . frolics„clif
A DEBT Or 110NOUR.—Ill Mr. r :- hundred POP'
days, a tradesman, who held his bill for two ...,,,, 131
called ftr. payment. Charles said he cows not the,nel.l,4t 00
"How can that be 2" said the creditor ; "You l'‘ . Ta,l'3B
lying before you bank notes to a large amont.
nour. rod'
replied Mr. Fox, " are for paying debts of ho, _ .
tradesman immediately threw his bill into the heroast olig
sir,'' said be "mine is a debt of honour which Il'
Y" to Pay!" Charles immediately paid. I