The Sun.
London, England, 1850-07-02 00:00:00

TUESDAY EVENING, JULY 2, 1850.

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK
The sales of Cotton, at Liverpool, yesterday, were es-
timated at 10,000 bales, of which 500 American were
taken for export, and 2,500 American and 1,200 Surat
on speculation. Tho market closed very flrinly at
per lb. advance for American and Surat.—Railway
Shares were dal!, and prices had a downward tendency.
The accounts from abroad describe the money markets
es being generally easy.
The Banker's Magazine for July, states:—
Money continues plentiful; and the rate of discount
far first-class bills at about three months may be called
at from 2 to 21 per cent. pet annum; and there is some
difficulty in tiding a sufficiency of such paper. The
allowance by the brokers "on call" is from lf-1 to 2 per
per cent. We believe that the market may be described
es in a healthy condition. There is very little, if any,
undue speculation in commodities. The dealings in
coffee have nearly cemed so fir as extensive speculations
are concerned; end it is to be apprehended that the cases
are few where the result has been satisfactory.
" We are gratified to learn from Germany that the
proposals made by the Prussian Government, fir in-
creasing the differential duties of the Zallvemia against
British manulacturial goods, is likely to be defeated. A
very vigorous opposition has sprung up in nearly all the
provinces of the kingdom; and the remonstrances for-
warded to Berlin are of the most decided character."
The indigo buyers are anxious for a❑ alteration in the
plan of " taring" the article. They whb, after it has
bean in the warehouses a certain time, that it should be
re-tared, as the original taro marked on the chests is
often found to be incorrect, owing to the samples taken
out and the repacking.
A meeting i.f the Birmingham and Oxford Junction
Railway Company having been convened fur the Gth
July, to take into consideration " A Bill to authorise a
sale to the Birmingham and Oxford Junction Railway
Company of tae Stratford-upon-Avon Canal Naviga-
tion," inquiry las been made upon the subject, to which
the following reply (dated 27th ult.) from the secretary
has been received:—

" In reply to your letter of inquiry, I be; to inform
you ttn,', the Bill of this session to authorise the sale of
the StratEsrd Canal to this company is promoted by the
Oxford, Worcester, and Wolverhampton Railway Coni-
pussy, under an agreement between the companies. It
will not interfere with the agreement between this com-
pany and the Great Western Company, as it is therein
provided fur; and the Great Western Company hPve to
provide any additional capital that may be required by
this coup oy-." -
The following are extracts of a letter from the secre-
tary of the Tours and Nantes Railway:—
" Out of the capital called up, 131. on 80,000 shares,
the disbursements have been:—

For establishment of OA lino from Tours to
Angers ••• .. £564,000
For materials, and rolling stock provided, in
readiness fur th sectiJn from Angers to
Nantes ••• ..• ••• ••• ... 102,000
For workshop material:,, tools, implement 4,
&c., for the service of the entire liue ... 212,000
For interest paid shareholders ... 68,000
For miscellaneous
... 65,200
For caution m:moy, in the .•handi of Gc-

le:nuient, •.. ... 12.000
1";;.; cash-balance in hand and sundry debtors 16,800

£1,010,000
It will ba particularly observed that the large sum of
102,0001. has been already expendcd for stock, in antici-
p•ation of the del:vtry by the Government of the whole
line to Ne„nte9, which tranefer should have taken place,
according to our stAtutei, on the 27th of Novemhcr last.
This delay, so prejudical to the interests of the com-
pany, has justly entitled them to ea:ni from the Go-
vernment an indemnity, nod which the dire:A.3l.s are ❑ow
pressing upon the serious consideration of the Govern-
ment.

"It cannot escap' observation that, if the proportion
cf the receipts from the passenger traffic continued to be
sustained throughout the last four months of our year,
Jane to September (and they are generally the
best months), this portion of our revenue for the cur-
rent year will approach, if not exceed, 40,0001. So far,
then, this traffic exhibits an excess above the amount
estienated at the period of the concession (34,0004
being about 20 prr cent., and this, too, for the first year's
operations. With respect to the goods traffic, it is im-
possible at all to appreciate its value until the line shall
have reached .Nautes, for the very simple reason
(scarcely necessary to mention) that when once the
goods have taken the river at 'Nantes, the heavy ex-
penses attending their unloading and reloading must pre-
vent their coming en to the line at Angers. To conclude, I
have the pleasure of announcing that negotiations have
linen re-opened with the Government for a revision of
cur love, and with the prospect of favourable terms
being conceded to the company."
The Funds are very steady. Consols, 961 to 96i. Now
Three-and-a- Quarter per Cents., 9811,- to 984; and Re-
duced Three per Cents., 964 to 97. Bank Stock is 209
to 210. Exchequer-bills are 671. premium.
The Foreign Securities are much the same. Spanish
Three per Cents, have been about 37i, and Portuguese
Four per Cents. 34 to 35. Mexican Bonds are 30 to 301.
I)tcch Two-ancl.a-Half per Cents. have been 57 ex-div.
Peruvian Bonds are 79i to 80, Belgian 89i, Brazilian
50:le Buenos Ayres 35, and Grenada 18i.
Shares are dull still.
The Great Northern line is to be opened in the course
of a few weeks for a considerable distance directly out
of London, and a great deal of anxiety is manifested to
ascertain the influence of its competition upon the North
Western and the Eastern Counties traffic. We may
expect, therefore, to see these important stocks more or
less influenced by this cause for some time to come.
QUART.ER TO THREE.
Consols ••• •••
Ditto Account 964
BRITISH FUNDS TIES DAY AT ONE O'CLOCK.

!prom the Official List.
13ank Stock 219 210

8 per Cent. Reduced Annuities
New 314 per Cent. Anne. 9By4
India Stock
Do. Bonds, 10001 B7 90 p
Consols for Account 5611
Exchequer Bills. 1 Ad. 2d.
March. June.
1,069/.
5001. — 70 67 p
Small — 69 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK .
Brazilian Bonds, 5 per Cent 90%
Buenos Ayres Bonds. 6 per Cent 55
Grenada, 1% per Cent.
Mexican 80nt15,1846, 5 per Cant., Coupons
Ditto Ex Jan. Coupons
Ditto for the Account
Peruvian Bonds, 4% per Cent —
Ditto for the Account
Ditto Deferred
Russian Bonds, 1822, 5 per Cent —
Ditto 4% per Cent
Dividends on thn above payable in London.
Belgian 4% per Cent.
Dutch 2% per Cent., 12 Guild
BWSINESS DONE IN RAILWAY SHARES AT ONE OCLOCIC

RAILWAYS. PAID. Pm' SNARE.
Birmingham,Wol., & Dudley,
calls duly pd. or with guar. 15 ..... 23
luckinghamshire - to
' Iledonian
E Ist Anglia, 251. L. & E.,
vad L. & D .. 25 ...... 144..... to .
E-9.stuu Count:es

Do. New Pref., 6 per Cent.. 10
11% .... to
East Lincolnshire, guar. 6 per
Cent. ...
Great _Northern .
t. South. & WeAt. (Ireland) 50
Groat Western ....AO° ... 58% ... to 58
'Ancashire and Yorkshire —.IOO
Do., West Riding Union—. 111 .... . 214 ....... to
Leeds and Bradford :.. . . 50 ..... 9314 ...... to
Lori d., Bright-6c South Coscltloo
Do., New 5/., gua. 6pr Ct.loo 137 ...... to
London Ps North Weatern.....loo 10914. to 108%
Do. New Quarters..
f.o alma and 3, We5tertz.......103 ... . 57
klidland .....- .... ........ —.lOO 33% 34 34'4 % to 33
Ditt .), 50/. Eh ires ..... ...... SO
N'orlolk - ...... to
Dc. Extension Guar. 5 p ct 20
'gorth Brit.,sh .. .. ...... .. . 25 ...... 6
Ditto. Preference
North Stagordshire,.. ........ 1714
South Elston'
Ditto, No. 3.
York, Newcastle, and Berwick 25
Do . and Newcastle Exten. 20
York and North Midland ... 50
Ditto. Preference
FOREIGN RAILWAYS.
A.nglo Italian (late Italian
and Austrian) 5% — to —..
Blotch Rhenish ....... 8
East Indian
..... ~./.1 7

MMES.
Anglo Mexican
100 ...••• -- ••••• to --.
Aiturian -
Cobra Copper .. 40

MARKET NEWS.—(THIS DAY.)
ntstatnETE.
SMTTHFIELD.—Meadow Hay, 21 8s to 3110 s; Cloves
ditto, 3/ 03 to 4/ 10s; and Straw, 11 2s to 11 103 per
load. A fair average supply, and a sluggish demand.
C UMBERLAND.—Moadow Hay, 2110 s to 31123; Clover
ditto, 3/ Os to 4/ 4s ; and Straw, 11 3s to 1/ 103 por
load. Supply but moderate, and trade rather dull.
WHITECHAPEL. Meadow Hay, 2/ 8s to 3! 103 ;
Clover ditto, 313 s to 4/10 3 ; and Straw, 1123 to 1110, per
load. Trade dull, at about last week's prices. New
Meadow Hay was selling at from 2/ 5s to 21 12s per load.
COLONIP3M.
SCCAR.---The market fur British Plantation is firm ;
sales, 650 hhds. including 272 hhds Barbadoes, at
auction, from 35s 6d to 41:s 61, being rather
higher prices. 5,600 bags and 25 casks Mauritius
mostly sold with spirit at very full prices ; yellow
35s to 38s 6d, grey 34s to 34s 6d, and very low to
fine brown 22s to 23s 6d. Bengal seld briskly at
rather stiffer rates, low to good white Benares 37s 6d to
40s 6d. The quantity of British Plantation landed last
week at the East and West India Docks was 635 hhds,
62 tierca, 120 barrels; there were taken for home con-
sumption 1,086 hhds, 184 tierces, 288 barrels. The
stock in the same places is 1,971 hhds, 1,603 tierces,
3,747 barruls.
COFFEE.—T'ne market is firm, and 300 bags Planta-
tion Ceylon, 50 bales of Mocha, and 160 half-hales
Mslahlr sold well, the former at 523 6d to 53s for f fine
ord; Mocha at 573 61 to 607 6cl for clean garbled of
mid quality, and Alalabar at 423 to 46s for good to fine
ord. Privately 3,000 bags of good ord Native Ceylon
sold at 43s re: cwt.
Rum.— t quantity la.;t week at the East ar d
West In Ha I) cks v, a,. 233 puns. There were taker for
home con3uw tin 206 puns, and exported 151 pu' s
i
239 hhds. The stock in the same places is 15,171 puLs
1,378 hhds.,