The Sun.
London, England, 1850-03-28 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER 0 THREE.
The Cotton Market at Li►erpool yesterday elosi.d very
heavi►y, but wirhout altera•ion in prices. The sake
were about 5,000 bales, of which 500 American were
taken for export, and 500 o❑ sp.culation.—liailway
Shares continued very dull, and prices were on the de-
cline.

The sales of Wheat in the markets, which regulate
the average prices, were last week 71,658 quarters, and
the six weeks' average price is 38e. ld.
In the Colonial produce markets, business will be
suspended this evening until after the holidays, and it is
presumed that there will then be greater animation. The
demand for Sugar has been moderate this week, and im-
porters have evinced some firmness. The stocks on
hand are small as regards free labour kinds, but
of slave grown there is a full quantity, and the
accounts from the colonies being favourable, a full
supply is expected, conkequently we look for no
particular change in prices, and certainly no advance.
Coffee, on the other hand, may have seen its lowest
point, and on this point we will quote :Messrs. Franks
and Millard, who have shown themselves competent
judges. They state .‘ That from the time good ord Ceylon
coffee was selling at 655. nearly all the tea and
coffee-dealers throughout the kingdom have abstained
from buying, and have great reason to tha❑k those who
boldly put such st itements before them as could not be
misunderstood, except by speekilators and those inter-
ested in high prices.
" The thanks of the trade, generally, are due t) the
Morning Advertiser, The Sun. and other journals fur
correct commercial information during ono of the most
extraordinary epochs in the coff'•e trade, but we are
sorry to say that where we should hare expect.d the
most correct information through the press, we have
been disappointed. The provincial and foreign journals
who take an interest in commerce hare, we find, been
very correct in their report•.
" Now, the prices of coffee are altered, and we think
are at reasonable rates, looking at the circumstances
such as the wholesale and retail trade being bare of
stock, the Dutch East India Company withdrawing a
considerable portion of their last sales, and giving a
guarantee that the coffees should not be put up again
until September next, coupled with our shipping time
arriving, and our prices under those of the Continent,
with the increase of consumption which is sure to follow
the reduction in price.
" Middling calory Coffee has been sold at 525. to 545.
This is nearly as low as ever they were, and we all
know that at such prices a good rrofit is left to the
retailer."

We shall merely observe upon the subject of coffee,
that our remarks upon the extraordinary advance in
coffee were in the same spirit as they would have been
if directed to any other article, and that see are always
specially careful not to be biassed by either sraculators or
dealers,who must inevitably have an interest one way or
the other. We receive all statements, however conflict-
ing, weigh them to the best of our judgment, and where
possible, seek facts rather than opinions. Facts were
offered us upon the Occasion in questiOn, and they have
guided us to a right conclusion, and been the means of
promoting the interests of the trade. The firm which
has assisted us in the matter is entitled to our thanks,
despite the opposition excited when we first took up the
case. Our readers, nevertheless, must give us credit
for having resisted equally the attempt to force up
cotton, which has since partially receded.
We close our week's report with the following con-
cerning Tea. It is stated that at the five chief ports in
the United Kingdom duty has been paid this year on
8,137,8371b5., and to the same time last on 8,239,8841b5.,
thus showing a decrease of 102,0471b5. Exports from
China from the Ist of July, 1849. to the 29th of Ja-
nuary, 1850, were 32,939,9781b5., and from July the Ist,
1848, to January the 29tb, 1849, they were 28,741,2001b5. ;
it must be taken into consideration the trade are well
supplied, and there is every prospect that many parcels
of the better kinds of Green will be received during the
year from America.

The ship and continental arrivals bring us no intern.
gence of interest, but the letters by the latter are f ra
ther a more favourable tone, and accordingly they ex.
anise some influence here.

To-morrow, being Good Friday, will be a strict holi-
day in the City. -
There is a decided rally in Public Securities,
and the dealings are in favour of further ad-
vanced prices next week. No doubt large
sales have recently been made in expectation
of fresh disturbances or serious complications abroad,
and these not-having come off; there may be a scramble
to buy back, although intermediate fluctuations will, as
usual, favour both the Bulls and Bears. Consols have
been 95i to 96 for transfer, now realising 95i to 96, and
95i to 96i for time, the latest bargains being at 95i- to
96. The premium on Exchequer-bills has been 645. to
665.; and on India Bonds, 86s.

In the Foreign Market there is very little doing.
Owing to the tempestuous weather, the Thames steamer
does not bring the regular mail from the city of Mexico,
but the private letters from Vera Cruz of less recent
date state that it was expected the Legislature would
appropriate four millions of dollars of the American In-
demnity money for the arrears of dividends, and give a
3 instead of a3i per cent. stock. The original proposal
was a 3i per cent: stock, and an indemnity of three mil-
lions. Mexican Bonds are 29i , Peruvian 72k; and
Brazilian 89i and 89. Spanish Five per Cents. are
163 4.
Shares are flat.
The last week's railway receipts ascertained up to this
day in round figures are as under:—

1850.
North-Western £40,659
South-Western 8 468

1849.
... 37,140
... 8,454
... 20,383

Midland 20,106
To 24th March.

Caledonian
North Staffordshire
To 17th March.

4,806