The Sun.
London, England, 1850-09-17 00:00:00

TUESDAY

EVENING,

Console

SEPTEMBE

MONEY and COMMERCIAL INEWS.

CITY, TWO O'CLOCK.
The sales of Cotton, at Liverpool yesterday were esti-
mated at 15,000 tales, cf which 500 American were
taken for export, and 7,000 Aim rieau and 600 Surat on
speculation. The market closed with animation at V.
to id. advance in American. Other kinds were also f 3.
per lb. dearer.—ln Railway Shares a good business was
done at much hightr rates.

The letters by the American steamer refer very ge-
nerally to the cotton crop as a matter of absorbing in-
terest, and one is still puzzled, as is always the
case, indeed, to arrive at a satisfactory con-
clusion. It is contended, among other things,
that the arrival of the first bale of Cotton is no
index of the aggregate yield, and this is probably true
since there may be a little pride with the American
grower, as with the English hop-planter, to produce the
earliest specimen. Although we may allow, however,
that the receipt of a few bales is not a fair criterion, we
must assert that the fact is often established thereby
that the crop is forward, and that usually
further supplies rapidly follow. It is shown by
figures that in the year 1840 the plant was in
bloom on the 6th June, the first bale was received at
New Orleans on the 7jh of August, and a damaging
frost occurred on the 16th October; the crop being
1,634,000 bales. In the year 1842 the plant bloomed on
the 17th May, the first bale was received July 25, a
severe frost occurred on the Ist of November, and the
crop was 2,378,000 bales. In 1848 the first bale was re-
ceived August 9, and the crop reached 2,728,000 bales.
In 1849 the first bales reached August 7, and a frost oc-
curred after picking, the crop being 1,950,000 bales. In
1850 the plant was in bloom June 10, and the first bale
was received August 11, but the extent of the crop re-
mains for a future chronicler.

At Amsterdam on Sunday there were extensive deal-
ings in Spanish Three per Cent. Bonds at higher prices.
The ship arrivals from di.tant parts bring no intelli-
gence of general interest or of later date.
The Committee of Mexican Bondholders have received
advices from Vera Cruz, dated 13th ult., via the United
States, by the Europa, announcing the shipment of
40,559 dullars 7 cents by the Great Western, towards
the payment of dividends. The estimate of the amount
pending i❑ Vi ra Cruz at that date for account of the
bondholders was as follows:

c.
Pending on the 16th July last ...... 151,822 42
Approximate calculation of duties for

July, 1850

168,222 42
Less amount collected to date

Pending on 13th August 139,208 32
It cannot fail to have attracted notice that the remit-
tances for the dividends have lately fallen considerably
short of the amount required to pay the three per
cent. per annum, which the bondholders are disposed
to accept, and which, indeed, M. Falconnet will
do doubt have been instructed to acquiesce in. So far
this bears out the tabular statements given a month or
two since under this head in illustration of the dimi-
nished number of vessels that had sailed for the Mexican
ports, and accounts for the insufficiency of the import
duties. At the same time we have to bear in mind that
the Mexican Government promises an appropriation
of other revenue, if the new arrangement proposed is
carried out. One would be glad to learn when Colonel
Facio expects some definite answer from his Govern-
ment as to the disposal of the amount in the Bank of
England, for the holders of Mexican stock are doubly
chagrined at the kno7.ledge that there is money in hand,
and that a mere technical difficulty and differences be-
tween the representative of the Government and Messrs.
Schneider prevents its distribution.
The English Funds are barely so good as they were
yesterday, but the only security open to public transfer
at present being Consols, there is very little doing. The
number of speculators present is now very small, as the
shooting season allures them to the country. Exche-
quer-bills have been 645. t) 675. premium, which is a
shade better. Great uncertainty appears to exist among
the time bargain dealers as to the future course of events.
The prospect of the money market is all in favour of a
rise, but Continental politics are unsettled.
The quotations for Mexican Bonds have rallied to 30
and 304, and there is more life in them. Peruvian
Four-and-a-Half per Cents. are worth 82i. Buenos
Ayres Bonds have been 58f,:and Brazilian 92. Portu-
guese Four per Cente. have realised 33i, and Spanish
Five per Cents. 191. Belgian Four-and-a-Half per
Cents. have been 91f.
_ _

_
Railway Shares have continued in great favour, and
there is a further rise in most of them.

Referring to the advance in. Railway Shares, Messrs.
John Railton and Sons, of Manchester, state that " since
the 26th August we have again made an estimate of
twenty three lines of unguaranteed railway stock, under
the presumption of a purchase of one share in each on
the 26th April, amountiug in the whole to an outlay of
733/. 163. 3d., and we find the result to be as follows—
namely, in one concern there is no variation in the mar-
ket value, on five there is a loss of 81. 25. 6d., but
a gain on sixteen, of 521. 12s. 6d., making a further
profit between the 26th of July and the 12th of Septem-
ber of 61. per cent., which added to that of 31. 7s. 3d. per
cent. gained between the 26th of April and the 26th of
July, makes a total of 91. 7s. 3d. per cent. on the 12th of
September, or 681. 13s. 4d. on the whole adventure of
the twenty-three shares, or at the rate of 1811. 125. 4d.
per annum." This, upon 7331., is of course to be con-
sidered a very handsome return, and although it is hardly
to be assumed that a proportionate rise would occur
throughout the year, there are the dividends to be taken
into account, and an averaging of investments is shown
to be both safe and profitable.

QUARTER TO THREE.
9Ci

Ditto Account 96i
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(-From the Official List.)
8 per Cent. Consols Anns
Long Annuities, Exp. Jan. sth, 1860 —
D 0.30 Years, Expire Oct. 10, 1859 —
Do. 30 Years, Expire Jan. 5, 1860 8
Consols for Account 963i
Exchequer Bilte. 2d.
March. June.
LOGO/.
5001 63 68 p

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent. 92
Ditto, Small
Buenos Ayres Bonds, 6 per Cent —
Ditto for the Account
Mexican 80nd5,1846,5 per Cent., Coupons
Ditto Ex Jan. Coupons
Ditto Account . ...... ....
Ditto, Small .
Peruvian Bonds, 4% per Cent —
Ditto Account
Ditto Deferred
Portuguese Bonds, 5 per Cent —
Ditto 4 tier Cent.
Russian Bonds. 1822, 5 per Cent —
Ditto 4% per Cent. 97
Spanish Bonds, 5 per Cent. ......
Dividends on the above payable in London.
Belgian 41,E per Cent.
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PEN SHAWL
berdeen
Ditto, Preference tif
A.inbor., N otting., Boston, &c. 81,4 — .... . to —.
Iyrshire and Galloway
fietfast and County Down .. 32 .. .. ...
3erks and Hants Extension
(Gt. West. Perpet. 5 per ct.) 6
3irmingliam & Oxford Junct.,
calls duly pd, or with guar. 20 -
Do., without a guarantee... 20 .
Birmingham,Wol.,& Dudley,
calls duly pd, or with guar. 15 ..... 23%%... to
Do., without a guarantee... 15
Birnaing., Wol., & Stour Val. 13/.148 —
3irkenhead, Lancashire, and
Cheshire Junction 26 -
Bristol and Exeter 100 ...... 651,4...... to
3 uckinghamshire
:!aledonian
Ditto, New 101 Preference 10 ...... 5.!4 A... to
Ditto. Clydesdale Junction 50
ihester and H01yhead......... 50 .....
Ditto, Preference
larence
direct London & Portsmouth 5% to
. _ . _

Dublin and Bel •oat Junction.. 45
Dundalk and Enniskillen 30
...

______
E tst Anglia, 25/. L. & E.,
axd L. & D
Ditto, I el., E. & 11 lB to
Do, 31._ 135.,6 p. Ct. Pref. 31,4 -

Do, 71. 175., 7 per Ct. Pref. 2 to to
lii astern Counties
Do. Eaten., 5 per ct. No. 1,6/.138.4d I/. p. to
Do., do N0.2,6/. 138.4 d.. % p..... to
Do. New Pref., 6 per Cent.. 10
Do., Northern & Eastern... 50
Do., 5 per cont.
Ditto. New . .. 43 . M.o. ...... •••••• to -

Eastern Union, Class A (late
E. U. Shares) ... .. 25
Ditto, ditto, Class A, ditto 6
Ditto, ditto, B& C .... .25
Ditto Scrip (gua. 6 per ct.) 20
e.:ast Lancashire .
Do., New Quarters
Do., 6 per Cent. Preference
Quarter Shares 61,4
East Lincolnshire, guar. 6 per
Cent.
dinburgh and Glasgow
Edinburgh, Perth, & Dundee 25 ......
Ditto, New p0rt.....
Exeter, Yeovil, & Dorchester 2% — ... to
Exeter and Exmouth-- ..... 2 ls.
Glasg., Dumfries, & 63.8 d — ...... to
Glasgow, Kilmarnock, & Ayr 50 ...... to
Do. Preference Consolidated « ... to
Gloucester and Dean Forest.. 14

......_ ____
24
(ireat N orthern .
Do. % A Deferred .....
Do. 14 B_6 per Cent.
Do., 5 per Cent. Pref.
'3t. South. 87. West. (Ireland) 50
Ditto, Eighths ...
Great North of England 100
Ditto, New 40L............. 40
Ditto, New 301.
Ditto, New 151...... ...
Great Western 100 ...721/2 72 73% to 724%
Do. New 171 ...
dull and Selby 5O ...... 95 ..... to
Ditto, Half Shares ..
Ditto,Quarter Shares . . 121
Lancaster and Car1i51e........ 50
Do., Thirds
Lancashire and Yorkshire ...100d ..... . 4812 to 49
Ditto Quarters...... 23%......
Ditto Fifths 11%..... 3%A... to
Ditto. Thirds .. ..... ..... 18
Do., New Guar. 6 per e.nt• 10
Do. (Huddere. and ShelL) 50 -
Do., West Riding Union... 11Ni.... . 4 ..
Leeds and Bradford ...... 50 ...... 93% x.d. to
Leeds and Thirsk 5O , .0 •• • to -

17, IRISO.

Do.,do.,Prefer., 6 per Cent. 6 ..... dig.... to --
Ditto, ditto...
Ditto, ditto ..... ... No. 3 5 — to
Do. Pref. Quarters, 1848... 9
Liverpool,Crosby, and South-
port..
London & 81ackwai1......11/. 68.3 d 5%,..... to
Lond.,Bright.,&SouthCoastloo ..... 85 81% to 85%
Do. Guaranteed 5 per Cent. 9 -
De. Preferential, 5 per Ct., 50 ...... 58

Ditto, ditto 1852 50 .....

...... to ,--..

Do., New, gua. 6 pr Ct.... 100 1361...... to
London and Greenwich... 121.155. 4d ...... to
Ditto Preference 2O
Lcndon & North Western.....loo-115 LA 115 s.d i o 11514

Do. New Quarters.. l7
19 ...... to
Do. Fifths l2 ..... 143/4..... t.) 15%
Do. 10/.... M. and B. (C.) 1
Loleon and S. We5tern.......100 72% 73 71 to 711,4
t:itto. New 501.
Ditto. New 40/. 34
Do., New Preference
Londonderry and Coleraine... 25
Do. Half Shares
Londonderry and Enniskillen 25
Do., Half Shares 71% —...— to .....
I,westoff, guar. 4 per ct 2O - to
Ditto (guar. 6 per cent. ... 13 ......
%Janch Buxton, & Matlock 5%.
,Manchr, Sheffield, and Linc.106
Ditto 14 Shares (No. 1) ... 25 ...... .. t)
Do., New 101. Preference.. 10 .....
Ditto. Man. & Lin. Union 41. 25.... dis to
Midland.._....- lOO ......4014 39% to 40
Ditto, Conan. Preference 100
Ditto, 501. :hares ..... ...... 85
:Midland, Birm.. and Derby...loo ...
Midland, Consol. Bristol and
Birmingham, 6 per cent.... 100
lifidiand. Bristol and Glouc. 46 ...

Ditto ditto 29/.165. 6d ..
Ditto,ErewashVal., Pref... 50
Midland, Leices. and Swan-
nington (8 per ct. gua. )....100 .... .
klidld. Great Western (Irish) 471,. — -
.11iddlesbro' and Redcar. 6
per cent. guar. SO
Newcastie and Carlisle lOO ......
Ditto Quarter Shares . .... 25 ... ..
Newmarket ..... .... ........... 23
Ditto Extension Scrip... 21. 128 —
N ewport Abergy., and Heret. 6
Newry and Enniskillen
N ewry, Warrenpoint, and
Rostrevor .......... ........ 20
Norfolk lOO ...... 144..... to 13%
Ditto New 20/.
De. Extension .. ...
Do. Guar. 5% per cent... 5 :
Do. do. Waveney Valley.. 2
Northern Counties Union ... 4 -
North British —.. ...... .. . 25 ...... 6%A% to
Ditto. Preference ... 5
North Staffordshire........... 171(
North Western
Oxford, Worcester, and Wol-
verhampton
Preston and Wyre
Do. Half Share. (A) 10% 7 to
Reading,Guildfd.,& Reigate 18 -
Royston and Hitchin ..... .. 614 —
Do. Shepreth Extension... % .....
Scottish Central
Scottish Midland .... ....... .... 25
Ditto, New... 221,, — ...... to
Shrewsbury and Birmingham 1314 83% dis... to —.
Ditto. ditto, Class B. 9% . 7 die.... to
Ditto, New Guaranteed 8
Shrewsbury and Hereford .. 5
Shrewsbury and Chester
(Nor. W . Min.) - ...... to
Ditto Halves. Ditto lO ... .. ...... to

Ditto, Oswestry ... 2O ......
Ditto (New)...
Ditto 8 per Cent. Pref..— 10 .. ...
Shropshire Union 6%... .. 2%...... to
South Devon I 5O ..... „.... to
Ditto, Preference ...... ..
South Staflordahire...
south .Eastern ........... ... ... $O 19% 4 20 to 19% '
Ditto, No. 3.
Ditto, Registered No. 4.... 10
south Wales ..
South Yorkshire, Doncaster
and Goole ls
Sheffield, Rotherham, and
Gook (N. 1)) Gua. 5 per ct. 18% — ... .. to
Do. do. (South Div.) 6
Swans. and Loughor and Ca-
meron's Stm. Coal ..... .... . 10
Taw Vale Extension
Thames Haven Dock and
Railway .4. 171% — to
Vale of Neath ... .......... ~. 13
Waterford and Kilkenny 2O ......
Waterford and Limerick ... .. 47 th... , to
Waterford, Wexford, Wicklw,
and Dublin ...
Wear Valley, 6 per Cent.
Guaranteed ...
Do. do. do.
Do. do. do.
West Cornwall 7% — to ...
Whitelaaven and Furness 2O ... .. ..... to
Windsor, Staines, and South
Western l4
Wilts,Somerset,&Weymonth 50 ..
York, Newcastle, and Berwick 25 ... 16% % x.d to 16% %
Do. and Newcastle Exten. 20 ....,. ... x.d... to
Do. G. N. E. Pur. or Pref.. 9
Do.llartlepool Ilk. & Itly .100 -
York and North Midland ... 50 . 19% 20... to 19%
Ditto. Preference
FOREIGN RAILWAYS.

.. ----.
Anglo Italian (late Italian
and Austrian)
Boulogne and Amiens 2O ..... 75,,VAir.d to .....
Central of France ( Orleans
and Vierzon) .... . 2O
.._

-
Demerara.
Dutch Rhenish
East Indian
Ditto
Great Indian Peninsular ö ••••••
Do. Do l% — to
Louvain ila Sambre . ..... ... 7% — ...... to
Luxembourg
Ditto ... 10 .• ••• -- •••••• to
Madrid and Valenti*
Namur and Liege.... .
Northern of France l6 ...... 141/2%... to
Orleans and Bordeaux ... .. 7 ...... 2%...... to
Paris and Orleans 2O - ...... to
Paris and Ronen
Paris and Strasbourg
Rouen and Havre ........ ....... 20
Sambre and Meuse
Strasburg and Bale ..... ...... 14 -•
lours & Nantes ... ... .. 14
roumay, Jurbise, Landen,
and Idasselt
West Flanders B% — ..... to --.

MINES.
Anglo riexican lOO ...... ..„, to --.
Asturian
Australian .. ' 4 - ...... to --
Barrossa Range .. 339.
Blaenarvon Iron and Coal ... 60
Bolanos Senn — — to
British Iron . I3IA —
Brazilian Imperial ..... ..... 24%...... to ....
Ditto Cocaes and Cuiaba... 30
Ditto St. John Del Roy ... 15
Cobra Copper .. 40
i.Ueneral ...........
Real del Monte. Unregistered ...
Do. Black Debentures. —
Do. Red Debentures ..... ....
Santiago de Cuba lO ......
Tin Cr. ft.... 7 ......
United Mexican