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

FEBRUARY 7, 1850

the Minister, on a promise that Government would
invite the President to convoke the Chamber as soon
as it was in its power to announce the result of the
negotiations.—M. ZARCOS insisted upon further ex-
planations.—The Minister of Foreign Affairs begged
the Chamber to allow him to remain silent on the
subject, and concluded by premising he would lay be-
fore the House all the documents relating to this
affair which circumstances would permit, in order to
obtain a speedy solution, consistent with the dignity
of the nation and the respect due to one of the great
protecting powers of Greece. (Applause.) The
House then adjourned.

MONEY Tilifl COMMERCIAL NEWn'.

CITY, QUARTER TO THREE.
The sales of t:etten at Liveeno,,i 3 esierday were es'i.
mated at Dhoti- 4,000 hs!ee, avid compti.i rl about 2,51,0
American at 6iis 1. to 9d ; 800 Pernam. &c., eft 6-P. to
74d.; 200 13al;i:1, at 7d. to NA; and 500 Sara', at
to sd. per lb. Brazil and Sura't, were marly kd. per
dearer; but American sorts lost the advance of id. p: r
lb. reported on M, riday. The market closed
The business in Railway Shares was limited, and the
market closed with dulness.
The Colonial markets continue dull. The six weeks'
average of Wheat is 40s. 2,1. per quar!e-.
At the half-yearly meeting of the London and County
Banking Company, this day, a dividend at the rate of 6
per cent, per annum was declared, leaving a sum of
2,7351.7 Bd. to be carried to the reserve or guarantee
fund, which now amounts to 31,000/. The report was
adopted unanimously.
The Committee f Spanish American Bondholders
have brought out their " Sta!enatnt of proce,diugs in
relation to the Mexican debt," and the small price at
which it is publiAed, a well as the information it cot.-
tains in a compact firm,will doubtless secure an exten-
sive circulation among the parties interested. We mu t
remark, however, that one oral,: fir: t things that occurs
to us upon taking the document in hand, and perusing its
contents, is, that although much ot the iatorrnation has a!-
ready appeared in the public journals, there is also a good
deul which should have been published before; nor is
it a reasonable excuse that because Mr. William Parish
Robe tson %rote over from Mexico that proper discretion
should be exercised in publishing an account of his pro-
ceedings while the negotiations were in progress, the
committee should have withheld as they did, and wi ea
the bonds were steadily rising, all illormation upon this
interesting subject. A very similar line of conduct was
pursued with regard to Peruvian, and numerous
parties who had held their bonds for years,
sold them on a slight rise in ignorance of the im-
portant arrangement that had been entered into. There
is even another case in the document hi fire us, namely,
that of Buenos Ayres, for the committee hold out hopes
of a satisfactory settlement, and although the bonds
have risen considerably within the last few days, rn t a
word of explanation is offered. One thing will immedi-
ately occur to the mind, namely, that some parties are
aware of what is going on, and act upon it accordingly.
To address ourselves, however, more immediately to the
subject before us, we would say that the committee ap-
pear to consider that Mexico can do more for its creditors
than she offered Mr. Robertson, add that a greater por-
tion of the indemnity money should have been secured.
We apprehend, however, that the task of that gentleman
was of greater difficulty than many will believe, and that
it was his positive interest, since his ultimate roe read
depended on his constituents, to use the utmost exertion
to secure the best possible terms. It is admitted in the
pamphlet, that Mr. Robertson Yras instrumental in
brieging about the Peruvian arrangement, well
seconded by his son, who then resided at Lima,
and why should vie not inter that he would
be equally zealous in the Mexican affair?
Still we will admit that every man is liable to errors of
judgment, and we are net disposed to differ with the
committee in their opinion that the tenth article of the
convention, which leaves the whole question open to be
re-adjusted, in 1859, on conditions " more or less favor-
able according t) the state in which the republic may
then happen to Le " is very objectionable, especially as
the Mexican Government admits that it can now pay 31
per (eat , and should certainly be able to do more
ten pars hence. The question that may arise is
probably whether the Mexicans will do anything
without this concession, but we must coincide with the
committee, that the option of paying still less ought not
to be left to them. The cotton licence sale, although
said by Mr. Robertson to have been made upon the
highest terms, the committee does not approve of, and
the point now to be decided is whether they can be
disposed of more advantageously. With regard to
the remainder of the dividend, due January, 1847,
the explanation is that Messrs. Schneider desire to
pay five per cent., while the Mexican Govern-
ment considers that under the convention the interest
is to be only 3} from July, 1846. If such be the fact,
and if we rightly understand the matter, there is a good
deal to be said on all sides, for though the convention
stipulates 3i only from July, 1846, we must remember
that Congress has not yet confirmed it. Credit is given
to Messrs. Schneider also, for having in the year 1847
declined t larties to the surrender of 470,610/.
in Mexican Bonds deposited in the Bank of England
for an especial purpose, but from which the Mexican
Government sought to divert it. Finally, a depu-
tation of the old committee affirm that the ac-
counts of Messrs. Schneider are correct, but this is
not the affair ot the bondholders, whose great grievance
is, that their money has been taken to pay legation and
other charges.

In the English Stock market there is not much doing,
but the quotations are less fluctuating. Consols have
been 95/ to for Transfer, and 961 f Account. The
New Three-and-a-Quarter per Cents. have keen 97! to
98i. Exchequer-bills are 580. premium.
In the Foreign market Spansh Three per Cents. have
realised 361, and Portuguese Four per Cents. 34/.
Peruvian Active Bonds have been quoted 79-1- to SO and
the Deferred 34 to 34k, with rather less doing than yes-
terday, and a slightly downward tendency. Mexican
are still 29 to for Account. Equador have been ri,a-lied
41 to /, and Buenos Ayres have been run up 3 or 4 per
cent. again, making a rise of 8 per cent. this week, and
chiefly no doubt upon the paragraph in the committee's
pamphlet above referred to. Russian Scrip has been
quoted 2/ to premium. Dutch Two-and-a-Half For
Cents. have been 551.

The week's railway-receipts as far as yet made up are as
under :

1850. 1819.
North-Western £39,522 158. Od. £37,187 Os. 4d
South-Western .. 7,609 11s. 9cl. 7,900 2s. Bd,
Br'ghton
Midland... ....
South-Eastern ..

Railway Shares are a little firmer, but with very little
doing.

ONE :A.,•• I.N G
pfti A,‘,- -: 4' ":,,,Tit•M ' ITNI., O'CLOCK. =RILES.
3 per Cent. Reduced Arm
3 pa, t 4.,lll'.o,,zisnis Anniiitie.s... ..... 951 A i,42 95A
3 per Cent. Annuities,l726 91% 94;•,,
Ne.v 3.4 p.3rl;(qtt. Amis. - 98 973;1981A3 977/s
Long Anne. to expire Jan.l860
India Stock
Iniiia Bonds, I,oooi B7
Ditto under 1,0001. • .
South Sea Stock
Ditto Old Annuities
Consols for Account 95381/e 95A
Hxchequer Bills. 14d. & 2d
1,0001. June
500/. June
Small. June 5B p
PRICES OF FOREIGN FUNDS.

ONE f/LOSIN
O'CLOCK. tRICES
Brazilian Bonds
Buenos Ayres Bonds, 6 per Cent 59 611 A 63 64
Chilian Bonds 6 per Cent .....-
60
Danish Bonds, 1825,3 per Cent.
Ditto 5 per Cent.
Equador Bonds .
Grenada Bonds, 11,,. per Cent lB 414
Ditto Deferred
4.',,,

Greek Bonds
Ditto ex Over-due Coupons 7 71/8
Guatemala Bonds ...........
ii, cexican, 5 per Cent. 1E45, with Coupons—
Ditto, Ex Jan. Coupons
28 29 29
Ditto, Account
Peruvian Bonds, 4 per Cent
Ditto, Account
Ditto Deferred
Portuguese 5 per Cents.
Ditto, 4 per Cent.
Russian Bonds .. •.. ....
Ditto Scrip
Spanish 5 per Cant. 184,0 lB% 18
Ditto. 3 per Cent
Venezuela Bonds, 2% per Cent
Ditto, Deferred . . 13 13%
Dividends on the above payable in London.
Dutch 21,4 per Cent., 12 Guild. .. 5514 55%
Ditto. 4 Der Cent. Certificates... 86% 861/2
Do. Bonds .. _.Bs
PRICES OF :BUSINESS DONE CLOSIN
RAILWAY SHARES. PAD' AT ONE O'CLOCK. PRICE. G
Birmingham and Ox-
ford Janet., calls duly
• paid, or with a gmaran. 20
Do, without guarantee 20
hirming, Wolverh'ton,
and Dldley, calls duly
pd, or with guarantee 10 .....
Buckinghamshire
Ditto, New 101. Pref... 10
Chester and Holyhead... 50
Ditto, Preference l5 ...... 914 1/3
Eastern Couatie.s... ..... 20 ...... 7% •••• •••
Ditto,Extension, 5 per
Cent., No.l 6/.135. 4d.... p
Ditto ditto, No. 2...61. 13s. 4d... % p...
Do. North. & Eastern,
6 per Cent. ..... ~.. 50 ......
Do. New
East Lincolnshire ...... 25 , ..... ••• •••
hlreat Northern
Do., 5 per Cent. Pref 12% ....- 1014 •••••
reat North of England.loo .....23 I ... 231
Great Western ......100 65% 66% 65% 66 66
Ditto, % Shares 5O ...... 32
Ditto, 14 Shares
Ditto, New 17/... - - 15 ... _. B'l . ...... ...... BA3
Lancashire& Yorkshire 100
Do. New, Gua. 6 per ct. 10 ....-- ...... ••• ... - 1278
Leeds and Bradford
London & 11l ,ck wa11...11 /. 6s. 3d... 41/81,i 414
London, Brighton, and
South C0a5t....... 103 ...... 8034 x. d...... 80% x. d.
Do., New, guaranteed
6 per Cent . 100 r— x. d. 1351,4x.d
London and N Western 100 lls►/ 14%... ..... 115%
Ditto, Now Quarters.. 12 13%3.. ..
WI to, Fifths - ... l4
London & S.W,.stq,rn lOO - ... 673/y ..... ... 68
Li an:thester.Buxtort,and
lintiock
Midlsnd . ...tc 0 .. ~.
Do., do., 501. Shares 30 ...
Do. Birm.. and Derby ICO
10%7 ... ...... .....
21 ..... ...• . ...
otirx:foohridv,e,Srlthvs:oinbr
crpecliothneiz.e,,
anal...
5107 •.;
Reading, Guildford, and
Reigate l5 ..... 15%1/8 ............
Shrewebuiy and Birm 12% — ........
..
..
Ditto ditto, Class B. 8
Shropshire Union
South Eastern 33%
........• . ...
. ,
Do., Registered No. 4 10
Do., Scrip No 4 - ....
...... ....... k
South (Wales
Wilts, Somerset, & Wey-
mouth ........ ....,... a ...... - ..............40
York, Newcastle, and
Berwick. .... .. ....... .. 25
Do. Newcastle Eiden. 20 ~.... •••
York and North Midland 50 ...... 183/4•••••• "-
Ditto, Preference. lO ...... 5%74

:351/2

24%

IP4
17%
11%
73
91/s
7%

-P
% P

6%

15%

15%
109;3
184
Liii