The Sun.
London, England, 1850-04-23 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER 7 0 THREE.
The sales of Cotton at Liverpool yesterday were esti-
mated at 7,000 bales, of which 500 American were
taken for export, and 500 on speculation. The market
was firm at • previous rates. The sales comprised
5,500 American, at 534 to 83d, 1,200 Pernace, &c.,
at 6d to 64c1, 200 Bahia at sid to 64d, 350 Egyp-
tian at 61d to Bkd, 600 Surat at 4d to sd, and 70 Sea
Islands at is Oid to is 2cl.—ln Railway Shares a lair
amount of business was done at an improvement over
Saturday's rates, but towards the close of business the
market gave way.
Accounts direct from Sydney of January 22 state
that the weather had been excessively hot, and the
drought very severe. There was no hope of the corn
crop, as one-third only, at the utmost, was expected to
be saved. The wheat and barley crops would be good.
The revenue for the last quarter of 1849 was very
favourable, and on the year there was an increase cif 12
per cent., and would have been much more but for the
great decrease of the colonial distillation. The total of
Customs in 1849 was 130,0731., and of other taxes 75,5261.
In the commercial markets there was not much activity,
traders exercising considerable caution, and only sup-
plying their immediate wants; so that while the stocks
in their possession were much smaller, those held by the
importers were larger than usual. Attention was being
directed to the cultivation of cotton, silk, &c.
Van Diemen's Land advises of January 19 state also
that cotton planting was likely to become popular. A
frost had injured the previous crop, but it was abun-
dantly proved that with ordinary care cotton could be
grown.
It is stated in proof of the advancing prosperity of
Canada, that the receipts last year from the canals in-
creased considerably—those on the Welland, although it
was closed for some time, to the amount of 5,0001. over
1848. The gross receipts from public works lest
year were 91,000/., and the net revenue was
43,0004 Port Stanley yielded more revenue
than any other harbour in the province.
Canadian Bank Stock, like every other description of
property, sustained considerable depreciation during the
period of commercial depression. We have pleasure in
observing that this description of property is rapidly
improving. The stock of the Commercial Bank, one of
the roost active and flourishing of our monetary insti-
tutions, has lately advanced considerably. In December
last it was sold at 10 per cent, discount, when a dividend
of 3 per cent. was about to be paid; 80 shares were sold
a few days ago at 6 per cent. discount, being an advance,
when the last dividend is taken into account, of 7 per
cent.
In the Frankfort Stock Market, on the 20th inst.,
Austrian Metallics were quoted 79-,1 I. At Amsterdam,
on the 21st inst., Dutch Two-and-a-Half per Cents.
were 55 11-16.
The Funds have not varied or recovered from the
heavy tone of yesterday, but there is nothing either in
the home or foreign news of particular interest, and the
Ministers are now again reported not to be so
unsiable as rumour chose to state. Consols have
beers 95 -4 ter Transfer, and 95:1 if for Account,
the latter being about the present rates. The New
Three-and-a-Quarter per Cents. have been 961 to 97,
and the Three per Cents. 94 'to 95. Exchequer-bills
have been 685., and India Bonds 955. premium. Bank
Stock is 2061 to 207 k.
In the Foreign Market Mexican Bonds have been
firmer at 28 The Committee of Spanish Bond-
holders have received the following interesting commu-
nications, showing that both the silver and tobacco
duties proceeds are coming forward.
Messrs. Manning, Markoe, and Co., write as follows:
" Vera Cruz, March 18, 1850.
" We beg reference to the annexed copy of our last
respects; since which we have received no communica-
tion from the committee, and having been advised by
Mr. W. Parish It ibertson that a new committee had
been formed exclusively for managing the affairs of the
Mexican bondholders, we have addressed him with the
information which we usually transmitted to you, he
having been named chairman of the new committee.
"We have also to advise that the shipment by this
conveyance fur account of the Mexican bondholders
goes consigned to the Governor and Company of the
Bank of England, to the joint order of Mr. Robertson
and Don Francisco Facio."
Mr. Daniel Price, the London correspondent of
Messrs. ',gunning and Mackintosh, under dine of yester-
dduayti,esg iavte smpaazrattilcaunl acrosmoifn
g211,062r
w 5
adollarsrd
tooe from b
nt
dh
lei sl
di levresr,
and then states—
" I also beg to hand you the following, from Messrs.
Manning and alackintoeh's letter, dated Mexico, 16th
March:—= with regard to the portion of the tobacco re-
venue appertaining to the bondholders, you will please
inform the committee that we have given a receipt for
the sum of 100,000 dolls., which will be remitted in due
course.' Nothing as yet has been done in the Congress
regarding Mr. Robertson's arrangemen t.—l remain, &c.,
(Signed) "DANIEL PRICE.
" To the Committee of Spanish American
Bondholders."
The committee have also received a letter from Mr.
Lord, dated La Guayre, 22d ult., enclosing copies of
communications which had passed betiveen him and the
Venezuelan Government, of which translations will be
furnished for the information of the bondholders. The
agency in London for receiving the remittances and
paying the dividends will (for the present) be composed
of three persons, one of whom to be the Venezuelan
Consul in London, and the other two to be nominated by
the committee of Spanish American bondholders. Mr.
Lord expresses his intention to take steps for an arrange-
ment in regard to the overdue dividends.
Spanish Five per Cents. are quiet at 18-a. Dutch
Four per Cent. Bond) are S 9 a to 90.
Railway Shares are dull and flatter.
BRITISH FUNDS THIS DAT AT ONE O'CLOCK.
From the Official Lint.)
Bank Stock ::074 2061,
3 per Cent. Reduced Annuities
3 per Cent. Consols Anne
New 314 per Cant. Anas.
Long Annuities. Exp. Jan. sth, MO 8 3-16 8'
India Bonds under 1,000/
Consols for Account
Exchequer Bills. 1 %d. 2d.
March. June.
1,0001.
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Danish Bonds 1825, 3 per Cent....
Ditto, 5 per Cent
Ditto, Scrip p
Mexican 80nd15,1846,5 per Cant., Coupons
Ditto Ex Jan. Coupons
Ditto for the Account .....
Portuguese Bends, 5 per Cent
Ditto 4 per Cent.
Russian Bonds, 1822, 5 per Cent —
Ditto 4% per Cents
Ditto, Small 9SIA
Spanish Bonds, 5 per Cent...—.
Ditto' for the Account 18%
Ditto, Coupons...
Spanish Bonds,3 per Cent,lB4o ... 37%
Dividends on the above payable in London.
Belgian 4% per Cent.
Dutch 2% per Cent., 12 Guild
Ditto 4 nor Cent. Certificates
BTSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PADS PEA SziAsE.
kbt•rdeen
Bristol and Exeter lOO ......
D0., Thirds
aledonien ...
Dentin and B elfast Junction.. 40
Eastern Counties
nest Lancashire
Great Northern
D 0.% A Deferred ..... 12% OA to
Great Western
Lancaehire and Yorkshire ...100
Do., New Guar.6 per cent. 10
Do., West Riding Union... 1118 „ 2 to
Leeds and Bradford to 90
Leeds and Thirsk ........
Do.,do.,Frefer., 6 per Cent. 31% 514 dis. to
London & Blackwell 11/. 6s. 3d ...... 3:1/4 to
Lend., Bright., & South Coastloo
Do., New 51,, gua. 6pr "C.3t.100 133 .... .to
De. Preferential, 5 per Ct., 50 55% .... to
London & North Western.....loo lO2 101 to 10134%
Do. New Quarter 5........... 12 to
Do. Fifths l2 „.... 111 es -.... to
London and, S. Western
Midland..e.... ...............100 ...... 32141,4:- to 32
Ditto, 501. Shares ..... ...... 30

- ll91
:4A,
Id..i•sii:
to
I:
Midland, Consol. Bristeii
Birmingham, 6 per cent.... 100
Norfolk lOO .... 25%...... to
to 14%
Do. Guar. 51,i per cent... 5 ..... 4"4 to
STorth British .. 25 »••••
•• .......
RsghreoartedwhinagSbu,toaffrianurdsddidhirß.,term.R..
jei.jigik.a.anat.e.. 11751 A .....
•••••
t 0
00
aateNrnewd
Registered No. 4 lO
South I
Ditto,it
toE 33 Ili, „ — • • .... to
Ditt0,.414 ••••• to
Wear Valley 6 per Cent.
Guaranteed ... ...... 50 ...... -
Do. do. do.
Do. do. do.
York, Newcastle, and Berwick 25
C ork and North Midland .. 50
FOREIGN. RAILWAYS.
Central of France (Orleans
and Vierzon) -
Namur and Liege 2O .. •• • 6 ... to 6%
Sambre and Meuse 2O -
itGtou.aCranlastseeßd. 1893 .ii
..................
_125

JOINT STOCK DANES.
Australasia
Commercial of London

LLOYD'S SHIPPING—(THIS DAY.)
LONDON, APRIL 23 .—Wind this day at noon, N.W.;
fresh breeze and cloudy at times.
DEAL, APRIL 22.—Wind N.N.E. to N.—Sid. Car-
natic, Madras; Bengal, Adelaide; Prima Donna, Cape
Coast Castle; David Luckie, Demerara; Henry and
Victoria, New York; Anna Margaretta, Batavia; Ann,
Madras. The Ida, from London to Honduras, got on
the Shingles Sand last night, but camo off uninjured.
COWES, APRIL 22—Wind N.—Arrd. Adele, St.
Thomas; Henriette, La Gunyra, both for Hamburgb.
Sld. Fanny. New York. Tho Pallas, Prussian barque,
from Cardiff to New York, was abandoned in a sinking
state, April 10, lat. 40, ion. 37; crew saved.
OFF PORTLAND, APRIL 22.--Plianaccian, Sproul,
Sydney, New South Wales.
SALCOMBE, APRIL 22.—Sid. Cynosure, Newfoundland.
PLYMOUTH, APRIL 22.— SW. Coquette, Cape of Good
Hope.
_ _ _

gruuns, APRIL 22.—An Aberdeen brig, in ballast,
whilst being towed in last night got on the Herd Sard,
and after remaining three hours was alsisted off, and
proceeded up the river.
LIVERIOOL, APRIL 22.—Wind N.N.W.—Arrd. Lord
Panmure, M‘Leod, St. Domingo; Douglas, Le Pare,
Laguna;
T. B. Wales, New Orleans; Alaypo, Sharpe,
Rio de la Hache; Intrinsic, Savannah; Juno, Morcr,
Charleston. *ld. McDonnell, California; Atones, Bread.