The Sun.
London, England, 1850-07-10 00:00:00

Gl{ EEC

ATHENS, JUNE 2b.—Tile Wanderer states that
King OTHO, in following the example of the SULTAN,
has commenced a tour, and has set out for the Cy-
clades. His reception is said not to have been parti-
cularly cordial, for the people were depressed by their
lengthened sufferings.
The budget, which amounts to 22,000,000
drachmas, has only a reserve of 8,000,000 to d.pend
upon. This tremendous deficit is attributed not only
to the insufficiency of the resources, but primarily to
ihe avarice of the official.--Hamburgh Courant,.
July 5.

HONEY and COMMERCIAL NEWS
CITY, TWO O'CLOCK.

The Cotton Market at Liverpool yesterday was active at
higher prices. The sales were estimated at 12,000 balee, one-
ealf being taken for export and on speculation. The salts
temprised 9,000 American, 400 Pernam and blaranham, at
7q.d. to Bd.; 450 Bahia, at rAfi.; 300 Egyptian, at 71,64. to
itead. and 1,800 Surat, at 41,%1 to 6d. per lb.—Railway
ehares were quiet, and prices had rather a downward ten-
dency.
toe public sales of Indigo began yesterday; the quantity
reel ired being 1 ,226 chests, partly in sezond hands.
The Bengal is about three-ton the good and tine, and one
rurth mid and ord. The M -tittles was one-third good with
few fine flee. and two-thirds mirl and ord. The Kurpah
h If good and fine, and half mid and ord, and the little
.va put up was of tine quality. ;Upon the question of a
r--tare of the Indigo that has been in the warehouses
more than twelve months, and to which we referred some
days since, it was agreed that a special meeting should be
riled before the October sale. The Bengal offered
yesterday, being a mixed parcel, was mostly with-
irawn ; prices ruling from par to 3d. per lb. higher
ban last May. The Kurpah was 3d. to 4d. dearer, and the
xladras went at par to 34. advance. Of the 1,095 chests
which passed, 734 were sold. For these particulars we are
indebted to Messrs. Wilkinson end Jewesbury.
The meeting of the Union Bank of London proprietors has
been held this morning. and a favourable report being pre-
sented, it was adopted unanimously. The directors state
that the extreme depression in the value of money
during the pest 3 ear has materially diminished the
amount of profit which the extension of the business
of the bank would o'herwise have produced; but the
proprietors will observe that, notwithstanding this disadvan-
tage, the net profits of the year amount to 33,858/. 95., out
of which sum the directors. now declare a dividend of 6 per
cent. per annum, clear of income• tax, amounting to 25,3744
and appropriate 500/., as usual, in reduction of the preliminary
expenses, leaving an unappropriated balance of 7,984'. 9s.
to be carried to profit and loss new account.
At the last annual meeting the proprietors, by a resolution,
recommended the directors to take into their consideration
the subject of the interest then allowed to customers on their
current accounts, and the directors having considered the
question so referred to them, concurred with the proprietors,
and on the 20th July last the following modification of the
system was agreed upon, in the fairness of which the cus-
tomers have almost without exception acquiesced : "On
all accounts where the balances shall at no time during the
preceding six months have been below 5001., interest
at the rate of 2 per cent. will be allowed on
the minimum monthly balance as heretofore. On all
accounts where the balances shall at no time during
the preceding six months have been below 2001., interest at
the rate of I per cent. will be allowed on the minimum
mcnthly balance. On accounts which at any time during
the preceding six months shall have been below £00!., no
interest will be allowed." Inquiries having been made by
several proprietors with reference to a connexion sup-
posed to exist between this bank and the Royal Bank
of Australia, the directors feel that it will be satisfactory to
the pie-Fie:ors to receive their assurance that the only con-
nexten which ever existed between this company and the
bank in question was the ordinary one of banker and cus-
tomer; and that the dealings of this bank v. ith the
Royal Bank of Australia were always confined within such
limits as to exclude all possibility of ultimate lose accruing
to this company.
The prosperity of banks, with certain reservations, is a fair
index of the prosperity of the mercantile community, and we
are especially pleased to observe that the establishments con-
nected with the British %Vest India possessions, and which had
previously made such heavy losses, are slowly recovering
part of their lost capital. In this way there is very little
doubt that the Colonial Bank will ultimately stand in its
riginal po-ition, and which it well deserves to do, after the
great sacrifices made by its proprietary, who are receiving
now but two per cent. per annum for their money, the re-
maining profits being applied to the fund fur meeting bad
debts.
The English Funds have been rather extensively dealt in,
but firmly support their former price. Co sols have been
quoted 961 e to 97, and fur August 97 to 4. The intelli-
gence from Paris of the c-nduct of the Blontagnards in the
Assembly is not particularly dwelt upon, although the direct
attack upon the Republic shows how bold a front the re-
actionist are assuming. The Sew Three-and-a-Quarter per
Cents. have been 983/ to 99, and the Three per Cents. 97 is
to 97%. Bank Stock has been firm at 211, and India stock is at
265 to Up. Exchequer bills have been quoted 675. to 705.,
and India Bonds 87s. to 9es. premium.
The Foreign market has been dull. In Peninsular Securi-
ties there has been scarcely a bargain. Spanish Three per
Cents. have been 3714. Brazilian Small Bonds are 92.
Peruvian are nominal, and Equador have been 33/. Danish
Five per Cents. have realised It 2to 103%. Dutch Two
and-a-Half per Cents. have been 57 ex. dividend.
Railway Shares have been without any uniform move-
ment. North Staffords are better, as it is officially intimated
that there will be no further call. Great Western and the
other lines are much the same. North British flat. Foreign
Shares continue in request, and East Indian have touched Ye
premium.
United Mexican Line Shares have been more looked after,
and have reached 6 and 64.
QUARTER TO THREE.
Console 9et if ex d.
Ditto Account ...

ONE
O'CLOCK.

CLOSIYO
PRICES.