The Sun.
London, England, 1850-05-23 00:00:00

MONEY and COMMERCIAL NEWS
CITY, TWO O'CLOCK.

The sales of Cotton at Liverpool yesterday were es-
t:rut/ten at 7,000 bales, of which 1.000 American were
taken for exhort. The mark, t closed thinly, at full
prices.—ln Railway Shares a fair business was done, at
higher quotations.
Acting in a manner which impartiality seemed to
dictate, we save, a month er two since, the conflict-
ing opinions of different persons in the trade concerning
the prosp cta of Coffee; and those who perused the same
must do Messrs. Franks and Millard the justice to admit
that their prognostication of an important decline from
the then current rates was correct. The reaction in the
article has, however, been so severe, that speculators
and moneyed men may begin to look to it as offering a
fair chance of profit, and as in all cases of overdone
operations, prices are unduly depressed. We hold our-
selves in no way responsible for the opinions of corn:,
spondents, and claim ever the right to exercise a proper
discretion, but as the members of the grocery trade form
the most important and intelligent body connected with
the colonial and foreign imports, they are quite capable
of discriminating, and of judging of facts or opinions.
With this remark we leel no hesitation in giving the
following extracts from a communication by Messrs.
Freaks and Millard:—

" Coffee will be a speculative article during this year,
and it will require very great judgment and tact to know
the best time when to Li), in a Muck. We have seen
good ordinary Ceylon sell freely at 648. to 655., and
middling colory We protest( d at the time against
these unnatural rr ces, and called them perfectly artifi-
cial, and entreated all connected with us not to buy
until good ordinary Coy lona receded to 455. We have
reason to know that many tuok our advice, and worked
out their old stock, but we also know that (Akers did not,
and the consequence has been what we predicted. Thou
who bought at the high prices seem to be more fright-
ened at present rates than when quotations were at their
extreme point, and are selling, depending on lower
prices.
" We think this not a sound way to finish up a bad
speculation. We should say, hold on a little longer, or
buy at present prices, which would make a good average,
and should an advance, take place, they would be able to
sell without a heavy loss, for we are pretty well satisfied
that speculation will send Coffees up again, and that
prices will vary—perhaps a few shillings lower, up to ss.
to 20a.'higher.

" The trade are, however, now very bare of stocks,
and are waiting to come in when they think prices are at
the lowest. We calculate there are 10,000 grocers who
will all want during the next three months an a% erage
of five bags each. This would create a demand for
50,000 bags. Let this take place, and what can be ex-
Fected but an advance of from ss. to Ws. per cwt., par-
ticularly on colory Coffee, which is now selling at 48s. to
525. This Coffee never was cheaper, and we feel satis-
fied that moneyed men will soon be turning attention to
it, and invest largely. We feel assured that it would be a
good investment.
"The cry of the importers is that Coffee has decreased
in consumption considerably during the past few months.
We believe this to be a mistake. The Uncle during that
time held duty-paid stocks sufficient to last them from
four to six mouths, and the apparent falling off during
this period is in consequence of using their home stock.
Nothing shows this so much as the immense clearances
at the present time, which we have no doubt will con-
tinue, and we ale confident that in a few months it will
be proved that there has been no material decrease in
the consumption."
As to any interference by Government with the
Chicory adulteration, it is impossible to say whether that
will take place, but some of the present large holders
seem to expect it. _

The Clyde steamer brings accounts of rather unfa-
vourable weather in some of the West India islands, rain
being wanted.
We have received the following information of the re•
mittance by the Clyde, from the Committee of Mexican
Bondholders:—
From Vera Cruz
From Tampico

Together ... dolls. 71,033 37c.
There were pending for account of the bondholders on
the 13th-15th tilt—
' In Vera Cruz

In Tampico dolls. 105,764 2 „
The Mexican intelligence in the London papers of the
16th and 17th inst. is confirmed.
To this Colonel Facio adds that the total amount in
the Bank of England, including the above remittance, is
662,587 dolls., available for the payment of future d ivi-
dends.

Mr. W. P. Robertson, in reference to the same matter,
tells us that he has received further letters from
various influential parties there, not only confirmatory of
those he has already published, but all pressing on his
earnest attention the immediate adoption, by the bond-
holders, of the new arrangement proposed by Congress,
and which he is assured will meet with the immediate
and unanimous sanction of the Mexican Legislature.
One correspondent, in transmitting to Mr. Robertson
the projet de loi, has the following note at foot
" This arrangement is one which with absolute seen-
"l.4 can and will be fulfilled in all its parts. It has
already been presented to the • Chamber, and without
any doubt whatever will obtain its approbation." •
The Committee of Spanish American Bondholders
have received a latter from Mr. Lord, the agent of the
Venezuelan Bondholders, dated La Guayra, the 22d ult.,
stating that he has not yet been able to make any ar-
rangement with the Government at Caraccas in respect
to the overdue coupons.
There is an arrival with dates of March 15 from the
Cape of Good Hope, but we find nothing of importance
in the papers.

The Funds are very steady. Consols have, ruled at
95'41 to 96 for Transfer, and 95j to 96 for Account,
scarcely any effect having been produced by the
rice of 1 per cent. at Paris. The New Three-
and-a•Quarter per Cents. have been marked
96:1 to 96g, and the Three per Cents. 94i to 95. Bank
Stock has been at 207 to 2078. India Stock has been
quoted 2678. Exchequer-bills have realised 675. to 701.
and India Bonds 87s. to 90s. premium.
In the Foreign Market the transactions have been of
moderate extent. Spanish Five per Cents. have been
quoted, 17k, and Portuguese Four per Ccints.
Mexican Bonds are 31 to 314, and Grenada, 164.
Danish Scrip is at 8 premium, and Russian at *pre-
mium. Dutch Two•aad-a•Half per Cents. are 654.
Railway Shares are more active, and prices 'are du
cidedly buo3ant, and in several cases higher.
The last week's Railway receipts, ascertain
this day, are in round figures as under:—

Id up to

1850.'
Great Western

1849
£16,466
39.797
t q, 661
„
8,448
20,814
8,062
1,238
506
4,944
fIEE.
;.1

North-Western
South-Western
Brighton
Midland 22,637
South-Eastern
Scottish Central
Aberdeen
Caledonian 6,114

QUARTER TO T,

Consols
Ditto, Account, June 12 ...
. ~
BRITISH FINDS THIS DAT AT ONE O'CLOgIE.
(From the Official List.) i
Bank Stock 207 2 7% •
3 per Cent. Reduced Annuities -
8 per Cent. Console Anne
New 314 per Cont. Arlie.
Long Annuities, Exp. Jan. sth, 1860 8 3 6 B!,‘
India Stock 2674
India Bonds under 1,000/ 9O 8 p
Consols for Account 96 9 %
Exchequer Bills. 14d. 1 2d.
March. June.
1,069/.
500/.
Small — 67 70 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Danish Bonds 1825, S per Cent.— i
Ditto, 5 per Cent
Ditto, Scrip ... .... ......... 8 p
Grenada, 11/4 per Cent.
Mexican Bonds, 18.16,5 per Cent., C.,upons --
Ditto Ex Jan; Coupons
Ditto for the Account .... . 31%! 31 311 i
Ditto, Small .
Peruvian Bonds, 41A per Cent — I
Ditto for the Account 77 .
Ditto Deferred
Portuguese Bends, 5 per Cent —
Dittb 4 per Cent.
Russian Bonds. 1822, 5 per Cent —
Ditto 44 per Cents
Ditto Scrip ... 23%! p
Spanish Bonds, 5 per Cent. .. 1714
Dividends on the above payable in Londoh.
Dutch 214 per Cent., 12 Guild ... 553/4.

BWNESS DONE IN RAILWAY SHARES AT ONE OCLOCZ
RAILWAYS. PAID. PIA SHAYS.
k herdeen

81
Ditto, Preference
X inber., Notting., Boston, &c 8
..... 8.0 .• I
kyrshire and Gallaway
Belfast and County Down .. 30 .. .. — ,
Berke and Rants Extension
(Gt. West. Perpet.s per ct.) 6
4irmingnam k Oxford Junct.,
calls duly pd, or with guar. 20 . — .. ...
Do., without a gurrantee... 20 .
..
Birmingham,Wol., & Dudley,
calls duly pd. or with guar. 15 .....
Do., without a guarantee... 15
Riming., Wol., & Stour Val. 131.14 e —
Birkenhead, Lancashire, and
Cheshire Junction
Bristol and Exeter
Do., Thirds ..;...... ..... 33i
Buckinghamshire
Caledonian
Ditto, New 101. Preference 10 ......
Ditto. Clydesdale Junction 50
Chester and Holyhead... ..... 50 .....
Ditto, Preference -
Direct London & Portsmouth 514 — -
Dublin and Belfast Junction.. 42% — .te
Dundalk and Enniskillen ... 30 ......
East Anglia, 25/. L. & L,
and L. & D
Ditto, l el., E. I:. 11 lB ... .. -
Do, 3/. Ma., 6p. Ct. Pref. 3% —
Do, 71. 175., 7 per Ct. Prof. 2
Eastern Counties
Do. New Pref., 6 per Cent.. 10
Do. Eaten., 5 per ct. No. I, 6/. 132.4 d — p..... to
Do., do N° A p..... to
Do., Northern & East•;l2-' 6
n..1.38.4d
. 510"
...... to —'Do., 5 per cent.
Ditto, New
Eastern Union, Claus A (late
E. U. Shares) ....
f.. ... .. 25
f Ditto, ditto, Class A ditto
_6
to

ite--
• it()
t 0
ItO
.130

!to
to

Ditto, ditto, B & C . 25
Ditto Scrip (gua. 6 per ct.) 20
East Lancashire .....
Do., New Quarters
...... to
Do., 6 per Cent. Preference
Quarter Sharon .
.. .. to