The Sun.
London, England, 1850-05-04 00:00:00

MAY 4, 1850.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER ? 0 THREE.
The sales of Cotton at Liverpool, yezterday, were es-
timated at from 10,000 to 12
.000 bah a one-third of
which were taken on speculation. The market w•As not
so e etive, but prices were withuut ateeration.—Railway
Sh Ares were again lower.
'The alterations shown in the weekly ieturn of the
Ea tilt of England liabilities and assets, to the 27th ult.,
are not of particular moment, but there is an increase in
tht, former, and a slight reduction in the latter. The
put lit deposits and the bullion have turned upwards
again, and the securities and circulation have slightly
falle.s off, money being easier within the last fortnight.
Compared with the previous week, the results are as
follows:—
Notes issued ... 29,937,875
Increase ... 64,875
Rest •.. ... 3,082.232
Increase ... 1,986
Public Deposits ... .4,693,443
Increase ... 66,125
Other I)epesits 10,907,429
Decrease . . ..„ 38,913
Seven Day and other Bills ... 1,187,973
Increase ... 29,338
Government ,•:•ecurities no alteration.
Other Securities ... 9,781.347
Increase 2 137
Notes ... 9,641,600
Increase 104,040
Bullion ... ••• ... 16,646,835
Increase „.. 17,234
Active Circulation ... 20,296 275
Decrease ... 39,165
A slight decline occurred in the rates at which bil's
were done yesterday afternoon upon some of the princi-
pal continental cities, date 90 de) s. Paris, 25 72
77i; Antwerp, 25 75 to 80; Amsterdam, 12 3 to 3.-};
Hainburgh, 13 124 to 13 ; Frankfort, 1211 i; and
Trieste, 12 8 to 12 12.
As a matter of impartiality we give the following
communication relative to Mexican stock, but we leave
those interested to judge whether the writer does not
draw the most uufavourable conclusions possible.
Firstly, as to the indemnity money, we believe no one
can be fully aware whether some small portion may not
be appropriated to the dividends. Next, we know that
Messrs. Manning and Mackintosh have announced by
letter that they are ready to pay over 100,000 dollars on
account of the tobacco duties. Thirdly, we have the
authority of one of the first mercantile houses here for
sting that the latest accounts concerning trade are
better, and that the glut of goods which has been so de-
trimental during the winter is clearing off. Lastly,
Santa Anna has lust much of his popularity.
" Liverpool, May I, 1850.
" Sir,—Having seen a notification from Mexico which
was posted in the London Stock Exchange, from which
it would appear that the Mexican bondholders are led to
expect large remittances from thence, I beg to state that
I am sorry to entertain a very different opinion, and I
give you a few facts.
" The next instalment of the indemnity money from
the United States is all mortgaged, and nothing can be
expected from that.
"I have not any intelligence from Mexico inclining
me to the supposition that moneys are forthcoming on
account cf the tobacco revenue, as stated.
" The only reliable sources to which the bondholders
have to look for their dividends are the one-sixth of the
import duties set apart at the ports of Vera Cruz and
Tampico, and these have declined very seriously within
the last six months, arising from the glut of manufac-
tured goods throughout the country.
Cleared from Liverpool for Vera Cruz, from
Ist Oct., 1848, to 26th April, 1849.-
15 vessels, with value as per note* ... £357,352
Cleared from ditto to ditto, from Ist Oct.,
1849 to 26th April, 1850-
9 vessels, with value as per note* .., 141,961

Less than the corresponding period ... £215,391
which will be more than doubled during the year.
" This statement is from the Custom-house entries,
and open to all for inspection.
"The exports to Tampico, though on a more limited
scale, exhibit a falling off in a corresponding ratio, while
from all foreign ports the same proportionate diminution
is manifest.

" Oa this subject my last advices from Mexico state—
" It is necessary you should bear iu mind that the
imports this y ear will be very small, and consequently
the receipts at the Custom-houses must be very limited
and curtailed.'

" The finances of the country are proverbially in the
most deplorable condition, and hence the repeated
changes of the Finance Minister; and we all know the
trade has been disastrous for the past year.
"It will be found the wily General Santa Anna, al-
though reported to have left in the last steamer from
Jamaica for Caithagena, has proceeded to Chagres, and
will promptly make his appearance on the west coast of
Mexico. He is yet destined to rule in that country.
" I look upon it as unjust for parties to mislead the
public in the endeavour to give a fictitious value to stocks,
and I therefore venture to offer you a few facts, which
may be placed in juxta-position with the statements al-
luded to.

" A MEXICAN MERCHANT."
One or two points in reference to the above letter also
immediately present themselves. Could it be expected
that Mexico should immediately recover itself after the
late crushing war, and is it not rather matter for con-
gratulation that it has so soon fallen into an easier posi-
tion? Further, it is undeniable that, favoured by the
"go a head" spirit of the Yankee•, the Mexicans are
more than ever disposed to exert themselves, and that
mining enterprise is already carried on with greater
spirit and improved results. Still let every one judge
for himself as to investment of money, and receive in
good part or with reservation whatever statements are
offered on either side.

The Funds opened well, but are rather flatter since.
Consols have been done at 96 for money; they ore
now 94 Bank Stock is 206. Exchequer-bills are
613‘.._ to 71s. premium.

Foreign Securities are dull. Spanish Five per Cents.
174. Mexican firm at 29. Dutch Two and-a•lial per
Cents. 55} I.
Shares are quiet.
There have been no precious metals exported dirrct
from London this week.

atbding, Guildford, „nd
Reigate ls
Slm-iwsbury and Bina-. 131/1 — uis.
Ditto ditto, Clans B. 9 .„.... 2 „ ... .. .....
6o•-.il Easttrn ...... •,,• '-' 'i-, — -
Do., No. 3 ........ ..,... 30 ......
Do., Registered No. 4 10 ~.„, -• „ ...„
South W ales
lark, 'Newcastle. an_:
Berwick.
Do. G.N.E. Pretrt net :i4 .., . 018 1
York ano North Midland 50 ..... 15
Ditto. Preference ...... 10
FOREIGN RAI.LW A Yb.
Boulogne and Amiens... 20 ...„. 6% 6%
Central of France (Or-
leans and Vierzoia)... 20
East Indian ......
Ditto ...... ..... .... ..... 20
Gvat Indian Peninsular 5
Do. Do. ... ... 1 ......
Namur and Liege ..... 20 ... .. 6%........ ,
Orleans and Bordeaux.. 7 ...... ..... ....... 2A,
JOINT STOCK BANKS.
British North American 50 -
London Joint Stock lO ......
Union of L0nd0n,.„..... 10 ...... 12 . .....
MINES.
Cobre Copper
Santiago de Cuba
United Mexican ...--28'4 —

14K,
dis

13.4
4 1,
16 1, ,

LLOYD'S SHIPPING.-(THIS DAY.

LONDON, MAY 4.—Wind at noon W. to W.S.W.
light braze and fine. _

BELFAST. MAY 2.—Wind N.E.—Arrd. Argyle, Hit
cher, Norfolk, Virginia.

WEYMOUTH, MAY 3.—The Mary Ann, of Bridge•-
water, from Teignmuuth to London, foundered last night
about 14 miles S. W. of the Needles; crew saved.
BLYTH, MAY 3.—A ship's skiff, clinker butit, painted
"Victoria" on the stern, has been picked up and brought
in here.

FAYAL, APRIL 26.—The Venilia, Jamaica to Liver-
pool, put in 10th inst., leaky, less of sails, and about
60 tons of cargo thrown overboard; has partly discharged
to caulk.

DEAL. MAY 3.—Wind W.N.W. to W.S.W.—Arrd.
Prince Regent, Jago, Callao; Malvine, Berghues, 8r,,-
zils, for Hamburgh. Arr,:. from the river, Gipsy Queen,
South Australia; Duncan. Valparaiso; Leoonis, Havan-
nah; Ceylon, Boston; Earl of Durham, Hal►tax.
PORTSMOUTH, MAY 2.—Wind W. to W.N.W. and
W.S.W.—Arrd. her Majesty's steamer Simoom, Clyde;
had been in contact with the Shelly Clifton, Chester to
Dundalk, which vessel sunk; crew saved.
DARTMOUTH, MAY 3.—Wind W.—Sid. Saucy Lass,
St.___John'N, Newfoundland.

LIVERPOOL, MAY 3.—Wind N.W.—Arrd. Elizabeth,
Marr, Mobile; Jupiter. Sld. Hyperion, Monte Video.
Off port, John Bull.

OFF DOVER.—Harriet, Fowler, Guayama.
OFF PORTLAND.—MInerVap fiavanuah, for Cowes.

MARKET NEWS.—(THIS DAY.)
c °VENT-GA=OE3N .
For the time of )ear, our market was but moderately
supplied with Vegetables, the demand for which was
steady at last week's prices. Oranges were 2s per 100
dearer. In other Fruit no change took place.—Pine
Apples, 10s to 14s; Hot-house Grapes, 18s to 21s per lb;
Pears, 20s to 30s; Eating Apples, 5s to 6s per ball-
sieve; Apples for cooking, 4s to 6s per bushel; Fil-
berts, 70s to 75s per 100 lbs; Straw berries, 4d to 9d
per oz. Foreign Fruit—Black Hamburgh Grapes
(forced) 3s 6d to ss; Portugal ditto, 9d to is per lb;
Spanish Nuts, 4s to ss; Brazil ditto, 3s to 4s ; Bar-
celona ditto, 5s to 6s; Spanish Chesnuts, 3s to 6s per
peck; Lemons, 5s to 10$; Oranges, 5s to 12s per 100 ;
Almonds, 5s to 6s per peck; Spanish Onions, 14s to 20s
per box. Vegetables—Cape Brocoli, 3s to 6s per
dozen bundles; Turnips, is 6d to 2s Od; Carrots, 4s to
ss; Greens, 9d to is 3d per dozen bunches; Onions
(old), 3s to 4s 6d per bushel; Horse•radisb, 2s to ss;
Celery, 9d to Is per bundle; Leeks, is 6d to 2s; and
Parsley, Is to is 6d per dozen bunches; early York
Cabbages, 6d to 8d; Red ditto, 2s to 3s per dozen;
Brussels Sprouts, 6d to 9 per half-sieve; Endive, is 3u
to is 6d per score; Red Beet, 2s to 3s 6d; and Par-
snips, 3d to 4d per dozen; Mushrooms, 4d to 8d per
pottle; Spinach, 6d to Os 9d; and Jerusalem Arti-
chokes, is to Is 6d per half-sieve; Small Salad, Is
6d to 2s per dozen punnets; Sage, 2s 6d to 3s per
dozen bunches; Corn Salad, is to is 6d per halt sieve;
Shallots, 3d to 4d per lb; Potatoes, 80s to 120$ per
ton; ditto, 3s 6d to 4s 6d per bushel; Sea Kail, is Od
to is 6d per punnet; Asparagus, 4s to 6s per 100;
Rhubarb, 2s to 5s per dozen bundles; Cornwall White
Brocoli, Is to 4s 6d per dozen beads; Turnip Greens,
3d to 4d per bushel; French Beans, is 6d to 2s per 100;
Radishes, 2d to 4d per punnet; Cabbage Lettuces, 3d
to 6d per score; early fremed Potatoes, is 6d to 2s per lb;
Sprouting Brocoli, 6d to 9d per sieve; Mint, 3s to 4s
per dozen bunches; Cucumbers, 3s to 4s per brace.
Young Turnips, is 9d to 2s, and Young Carrots, is 6d
per bunch; Mint, 2s to 3s; Spring Onions, is 6d to 2s
per dozen bunches; Cos Lettuces, Is to is 6d per dozen.