The Sun.
London, England, 1850-10-16 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
The sales ef Cotton at Liverpool yes!erday were esti-
mated at 4,000 bales, chiefly American, and nearly all
to the trade. The market closed quietly at previous
rates.—lnlway Shares a good business was done at
previous quotations.
The Corn Market is very steady, and with a small
supply. Prices bad rather an upward tendency.
It appears that there has been no very satisfactory
result at the quarterly meetings of ironmasters held last
week, and prices were rather feebler, being irregular
also, for it is asserted that there were sellers who bad,
for some time, been frittering away their capital, or
gradually involving themselves, by doing business under
the averago of the trade generally. The competition
in producing the better descriptions of iron is repre-
sented as being greater than it was, for formerly only
the leading establishments turned it out. Speculation is
exceedingly dormant in the article, and, under circum-
stances, we cannot that it can be expected to be
otherwise, as there is no opening for increased con-
sumption at present. The simple fact has long been
apparent that the make is too large. It might not have
been deemed excessive during the fever of railway con-
struction, but as it is notorious that new furnaces were
brought into play expressly for that occasion; it is as
evident that when the outlet is closed the supply
should be curtailed, and no one will be surprised to learn
that different works are changing bands.
Accounts to the beginning of September from Hon-
duras, give a very encouraging representation of the
state of trade, and one party writes es follows :
"In this settlement we are very busy manufacturing
the vast quantity of mahogany got out by the late floods:
The Public Meeting has held a special session since my
last. Much ill feeling exists between that body and the
Executive. The latter has received notice of recall,
which is highly satisfactory to the former, who seems
determined to have the Chief Justice also removed, and
will leave nothing done to effect his recall. This quar-
rel is local, and of no interest to your readers. In the
states of Honduras and Guatemala, the Indians, having
met with many reverses, and having lost many of their
most skilful and successful leaders, have given up the
contest and retired to the mountains, where they
are comparatively safe from the whites, who, flushed
with success and victory, are pursuing and
occasionally taking prisoners and slaying some
stragglers. The roads are now free. Cochineal and
Indigo are daily arriving from Guatemala. An un-
usually largo amount of goods has been purchased for
that market during the last month. There are a large
number of merchants from the interior now here making
purchases. Merchandise is scarce and higb. Some
house might be established here for the sale of American
domestics, which could dot fail to be very profitable.
From ten to twenty thousand bales of coarse goods
could (with proper care) be disposed of for cash, or
cochineal and indigo, every year. I hope some of your
readers will look to this.

"From the Island of Ruatan we have nothing in-
teresting. The people and magistrates having got tired
of quarrelling have set to work planting, which will be
far more profitable to them and this settlement. Our
provision market is in a very good state. All articles
from the United States are paying very well. Mahogany
and logwood are doing better than formerly. Turtle-
shell, indigo, cochineal, sarsaparella, are eagerly sought
after; and on the whole we are in a prosperous and pay-
ing condition."
In the Amsterdam Bourse on the 14th inst. Stocks
were dull. Dutch Two and-a-Half per Cents. 56
11-16 to.
The English Funds have been very firm again, and the
transactions are on a moderate scale. The settlement
of the Account being now over the payments were made
this morning, and ono party who had been giving
" options" has been declared unable to me et his en-
gagements. Having succombed on a former occasion,
however, pis liabilities are but small. Console have been
97i 4 for Transfer and Time. The New Three-and-
a-Quarter per Cents. have realised 99 to 994, and the
Three per Cents. 96i to 97. Bank Stock is worth 209
to 210, and India Stock 268. Exchequer-bills have been
655. to 685., and India Bonds 87 prem.
The Foreign Investments have been steady, but the
arrangements for " carrying over" have been in pro-
gress. Mexican have been at 314, and Peruvian at 804
to for the Four and-a-Half per Cents., and at a rise to
36/- and 37 for the Deferred. Grenada Bonds have been
quoted 184; Buenos Ayres, 554; and Brazilian Small,
91. Dutch Two-and-a-Half per Cents. have been 574.
The settlement of the account in the Railway Share
Market has engaged almost exclusive attention, and is de-
cidedly in favour of the:speculators for a rise. The extent
to which speculative purchases have been made is such,
that parties are running about offering very high rates
of " continuation," as much, indeed, where the accom-
modation is but for a day or two, as would amount to
30 or 40 per cent. per annum. These, however, are,
of course, only exceptional cases, and merely indicate
temporary pressure. North-Western Shares, being
scarce, have risen to 1164 4, Midland have touched
45, Great-Western 72, South-Eastern 214, and York
and North-Midland 264. Great Northern have been
supported.
Canada Company's Shares have been at 40, and
United Mexican Mine at 64.
QUARTER TO THREE.

_.. _
Consols ... .. ... ... 1 -
Ditto Account ~. ... ... 91971 I
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 210 2(.9
S per Cent. Reduced AtumitieF... .. 9634
.97
3 per Cent. Consols Anna
New 34 per Cent. Anna. 98,41 99 9914
^Pa.M ~ luuul QC,
87' p
Ditto under 1.0001
South Sea Stock —
Ditto New Annuities
Consols for Account .. ... 97M.i
Exchequer Bills. I 14 d. 2d.
March. June.
.1,0601. — 65 p
500/ —
Small — 65 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent. —
Ditto, Small .
Buenos Ayres Bonds, 6 per Cent.
Grenada, 11,( per Cent.
Mexican 80n45,1846,5 per Cent., Coupons,—
Ditto Ex Jan. Coupons
Ditto Account '
Peruvian Bonds, 44 per Cent 80%34
Ditto for the Account .... . Bl
Ditto Deferred
Portuguese Bonds, 5 per Cent —
Ditto 4 Der Cent.
Spanish Bonds, 5 per Cent...—.
Ditto Passive Bonds 3%
Dividends on the above payable in London.
Dutch 24 per Cent., 12 Guild

BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PER SHARE.
kberdeen ...... 50
Ditto, Preference .. ....... . 8i
‘ tuber., Notting., Boston,&e.. 811. —
to
kyrshire and Galloway ...... 7 il: —
Belfast and County Down 32 '' to
to
3erks and Hants Extension
IGt. West. Perpet, 5 per ct.) 6
Litirmingnam & Oxford Junct,
calls duly pd, or with guar. 20
Do., without a guarantee,.. 20
Birmingham,Wol.,& Dudley,
calls duly pd. or with guar, 15
Do., without a guarantee... 15
Birnaing., Wol., & Stour Val. 13414 s -7— ..
to
Birkenhead, Lancashire, and
Cheshire Juncti0n............ 26 _ to
3ristol and Exeter ......100
...... _ ......
to -
3uckinghamshire ............ 174 — .. .. to
'siedonian ..... ..•
Ditto, New 10/. Preference 10 ..... 51z to _
Ditto, Clydesdale Junction 50 ...... __''' to
:hester and Holyhead-- ..... 50
..... 101/214 to
Ditto, Preference
.;larence ... ..................... 78i .....
'Area London & Portsmouth 5!4
...... _ to
.....
Dublin and Bel 'est Junction.. 45 .. —..
Dundalk and Enniskillen ... so
... .""••... _
to
E sat Anglia, 251. L. E.,
mad L. & D. 25
Ditto, 18/., E. & H l3 ... .. —t
Do, 31. 133.36
Do., do. (50 7 per Cent.
Preference .
Do, 71. •
17s. p. Ct. Prof.... 31/2
.N
Cent..o.2, 6 /.
1103 s.
11% to
4d.. to
p...
, 7 to .
par Ct. Pref. 2
Eastern Counties
Do. Exten.,s par ct. No. 1,6/.133.4d... p to
Do., do ......... ..
..,•
DDoo..,NNeowrtPhreernf., 6 per4,Eastern...
50
to
Do., 5 per cont. ......... ... 50
Ditto, New ..... ....... ..... ... 43 . •••• 49 to
Eastern Union, Class A (late
E. U. Shares) •••••• .. 25
Ditto, ditto, Class A, ditto 6 ,
to
Ditto, ditto, B & C .... .....• • 25
r ct.) 20 . —., :... •• to
Ditto Scrip (gua. 6 per
East Lancashire .... ......... 25
Do., New Quarters ......... 61 - to
Do., 6 per Cent. Preference
Quarter 5hare5........... 614 •— to
East Lincolnshire, guar. 6 per
Cent.....
Edinburgh and Glasgow ..... 50
Edinburgh, Perth, & Dundee 25
Ditto, New port.. ........ .. 15
Exeter, Yeovil, & Dorchester 2% —.. ... to —.
Exeter and Exmouth.. .•••••• 21s.
Glasg., Dumfries, & Carlisle..B/. 6s.Bd — ..... to —.
(Rasgow, Kilmarnock, & Ayr 50
Do. Preference Consolidated —•—• ..... to —.
Gloucester and Dean Forest.. 16
Great Northern . ... 25
Do. 1,4 A Deferred ....• ... 121/2 ..... to —.
Do. '4 B 6 per Cent. -
Do., 5 per Cent. Pref. 124 l 2
(R. South. & Wegt. (Ireland) 50 ...... 35% .••••• to --
Ditto, Eighths ..... ... 21/2 3l/2 .... to
Ireat North of England 100 ...... ...... to —.
Ditto, Now 40/.......... .• 4O ...... ...... to —.
Ditto, New 30/. ........ ••••••• 30 ... .. ••• .. to --
Ditto, New 15/. ..... .. l5 .......
Great Western ........ .. •-•100
Do. New 171. ...
Hull and Selby 5O . .....
Ditto, Half Shares .. ...... 25 ......
Ditto,Quarter Shares ... 121/2 ......
Lancaster and Carlisle—. -... 50 ••• ••• -
D0., Thirds
Lancashire and Yorkshire ...100 .

--.... .. •.,"....14.1.• a. •.• • • • ...... __
Ditto Quarters
Ditto Fifths to
Ditto. Thirds .... lB ......
Do., New Guar. 6 per cent. 10 ...... --
Do. (Hudders. and Sheff.) 50
Do., West Riding Union... 111,x —•-• -. to
Leeds and Bradford 5O _ ... 931 A ...... to 91
Leeds and Thirsk ...
Do.,do.,Prefer., 6 per Cent 6 ..... --to
Ditto, ditto...
Ditto, ditto ... ... No. 3 5
Do. Pref. Quart.,rs. 1848... 9
Liverpool,Crosby, andSeuth-
port l5
Loud= ec Diackwo..,...w. 64. 8d 6,0i% W