The Sun.
London, England, 1850-09-19 00:00:00

MONEY and COMMERCIAL NEWS.

CITY, TWO O'CLOCK.

The Cotton market at Liverpool yesterday was quiet.
Sales about 8,000 bales. American were ie. to id., and
all other kinds -1-3. per lb. dearer than on Friday last.
The sales comprised about 6,000 American, 500 Purnam
and Maranhain, at 81d. to 911; 600 Bahia, at 811. to
41.; and 800 Egyptian, at B.li. to 1011. per lb. —The
Snare market was not quite so firm.
The quantity of Wheat sold in the markets which re-
gulate the official average was last week 85,704 qrs.
The steamer Tay is announced as having arrived at
Southampton. Her letters hare not yet been received,
and she has no mail from the Pacific. The new arrange-
ment of the mails is not yet fairly in operation, but there
will obviously be deficiencies to supply in the communi-
cation, and certein places must be better eared for.
Branch steamers probably would meet the case.
We have been furnished by Mr. W. P. Robertson
with the following extract of a letter from Don Ramon
Olarte, received by the Mexican packet:—
" Mexico, August 13,1850.
" receipt of yours of the 9th ult., Ijwaited on the
Minister of Finance (Mr. Payne), who not only appears
to be sa,isfied with all you have done, but proposes
writing to yourself. He thinks there can be no object
in sending out Mr. Falconnett, who, on his arrival, will
find the arrangement of the debt concluded on
our own basis. 113 says that, even if by
some fortuitous event, it should be pending,
he could not recognize in the new commis-
sioner any now and superfluous mission. Mr.
Payno is willing to accede to the proposition of the
committee to dismiss the agent here, as resolved by
them; but the Government having no employ4s that can
take charge exclusively of the complicated details in
correspondence and accounts of such a business, the Pre-
sident of the Republic has named myself, ad interim, the
agent and factor of the bondholders. Whether ratified
or not by the committee, this nomination honours me,
because it was unsolicited, and shows that the Ministry
reposes confidence in me.
" Things, my dear Sir, have now, de facto, advanced
too far to leave the remotest ground for a retrograde
movement. Mr. Falconnett, arrive when he may, will
have nothing to do in the business. Congress have just
met, the report of the committee will be immediately
discussed, and, from the steps which I have taken, from
what I have heard, and from all that I have observed, I
am certain the report will be adopted.
(Signed) RAMON OLARTE.'
" It will have heels seen by one of a esterday morn-
ing's papers, that Colonel Facie amply confirms the state-
ments of Mr. Olarte, on the authority of Mr. Payne
himself, and I trust it may not be too much to say, that
the continued and zealous exertions both of Mr. Olarte
and myself is Mexico are about to be crowned by the
success which I always anticipated would result from
the good faith with which, from beginning to end, I
have found the Government there inclined to treat the
inspertect negotiation.
" I am, Sir, your most obedient servant,
" WILLIAM PARISIL ROBERTSON."
The bondholders may feel somewhat annoyed at the
prospect of M. Falconnett not being recognised as their
commissioner, although the feeling would be greatly
modified by the intelligence that the arrangement pro-
posed by the Government had been carried through the
Congress. As to Don Ramon Olarto being accepted as
the cent of the bondholders, there is, from all we hear,
not the least chance of such a thing. M. Falconnett is
known and trusted, and a great expense is already in-
curred which cannot be lightly foregone.
At the Bank of England meeting of proprietors to-
day, Mr. Parry de I'Vinton's motion was unanimously
rejected, as it was presumed to amount to a vote of cen-
sure on the directors. A dividend of 3f per cent. was
agreed to free of income-tax, the warrants to be ready
by the 11th of October. A sum of about 27 0001. is
added to the "rest" over and above 3,000,0001, and the
Governor announced that the directors would divide the
excess above the latter sum whenever they could pay an
extra half per cent.

Thu Far7,ds are steady this morning, and not at all
active. Consols have been 96 to 961 for Transfer, and
96 to 9Gi for Account. Exchequer hills have been
645. premium.

In the Foreign Market Spanish Five per Cent. Bonds
are nominal, and the Three per Cents. 37i to 37i. The
price of Mexican Stock is up to 31 to 31k. Peruvian
Bonds have not been dealt in, and Brazilian Small are
924 Portuguese Four per Cents. are about 33i to
33,1: Dutch Two-and-a-Half pr Cents. have been
at 58.

Railway Shares are again rather tending downwards,
and speculators are realising profit-3.
The last week's railway receipts, ascertained up to
this day, are in round figures as under:-
1850. 1849.
Great Western £19,006 ... £15,463
North-Western
South-Western 13,336 ... 10,863
Brighton ....
Midland
South-Eastern
Caledonian 7,606 ~. 7,037
QU4RTER TO THREE.
Consols ... .. ... ... 96-g 4-
Ditto Account .. ... ... 961 i
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
( From the Oificial List.)
2 per Cant. Consols Anna
New 314 pet Cent. Arms.
India Stock
Do. Bonds, 10001 B7 84 p
Consols for Account
Exchequer Bills. 114 d. 2d.
&arch. June.
1,060/.
500/ — 64 p

Small —

64 P

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent.
Ditto, Small
Danish Bonds 1825, 3 per Cent 7B 78%
Mexican 80ne15,1846,5 per Cent., Coupons
Ditto Ex Jan. Coupons
Ditto Account . BO% % 31iii 31
Portuguese Bonds, 5 per Cent
Ditto 4 per Cent.
Russian Bonds, 1822, 5 per Cent —
Ditto 4% per Cent. 97l‘
Spanish Bonds, 5 per Cent —
Ditto Passive Bonds 4
Spanish,Bonds,3 per Cent,1840
Ditto Account .....
Dividends on the above payable in London.
Dutch 2% per Cent., 12 Guild
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PEE SHARE.
it,erdeen
Ditto, Preference to
Ikubm,Notting.,Boston,&c B% — :..• • to
kyrshire and Galloway
3cfast and County Down .. 32 ..
3erks and Hants Extension

lGt. West. Perpet. 5 per ct.) 6 -• ••••• to --•
•Birrrungnam & OxfordJunct.,
calls duly pd, or with guar. 20
Do., without a guarantee... 20 .. , — ... .. to
Birmingham,Wol.,& Dudley,
calls duly pd, or with guar. 15 ..... ~,,.. to _
Do.,,without a guarantee... 15
dinning., Wol., & Stour Val. 131.148 —
-iirkenhead, Lancasaire, and
Cheshirq Junction..
Bristol and Exeter
Buckinghamshire
Oaledonian .......• ...... ...... 59
Ditto, New 10/. Preference 10 ...... 5 1/2%,.„ to
Ditto. Clydesdale Junction 50
Ohest:.T and Holyhead 5O .... 0 i to 9
Ditto, Preference
Aarence ...
Direct London & Portsmouth 5,4 — to
Dublin and Be, trst Junction.. 45
Dundalk and Enniskillen ... 30
E tst Anglia, 251. L. & E.,
&ad L. & D ...
Ditto, 181.,E. &11 lB ... ..
Do, 3/. 135.,6 p. Ct. Pref. 31A......
Do, 71. 175., 7 per Ct. Pref. 2
Eastern Counties
Do.Exten.,s per ct. No. 1,6/. 138.4 d... I,i p to
Do., do N 0.2,6/. 133.4 d... % p...,.. to
Do. Now Pref., 6 per Cent.. 10
Do., Northern &Eastern... 50

Do., 5 per cent.
Ditto, New ... .. 43 . ....
Eastern Union, Claes A (late
E. U. Shares) —.. 25
Ditto, ditto, Class A, ditto 6
Ditto, ditto, B & C .. ...• • 25
Ditto Scrip (gua. 6 per et.) 20 , — ... - to
East Lancashire ..... ......... 25
Do., New Quarters
Do., 6 per Cent. Preference
Quarter Shares
East Lincolnshire, guar. 6 per
Cent. ... .. .
Edinburgh and Glasgow 5O — to
Edinburgh, Perth, & Dundee 25
Ditto, New port.. ... ..... .. 15
Exeter, Yeevil, & Dorchester 2% — .., ... to --•
Exeter and Exmouth 2ls.
Cx'lasg., Dumfries, & Carlisle-81. 6s.Bd — ..... to
Glasgow, Kilmarnock, & Ayr 50 — to
Do. Preference Consolidated ..... .. to
Gloucester and Dean Forest.. 14
Great Northern .
D 0.% A Deferred ...„ ... 121,4 —
Do. 14 B 6 per Cent. ..... 111,E 8 .. ... to
Do., 5 per Cent. Pref. ...... 12%
Gt. South. & West. (Ireland) 50
Ditto, Eighths .......... .„. 21,4
Great North of England 100
Ditto, Now 404.... ..... .. .. 40
Ditto, New 30/.
Ditto, New 151...... ...
Great Western 100 714 72% 70 to 70%
Do. New 17/ ...
dull and Selby 5O
Ditto, Half Shares .. ...... 25
Ditto,Quartor Shares ... 121,E —
Lancaster and Car1i51e........ 50
Do., Thirds
Lancashire and Yorkshire ...100
Ditto Quarters 23% — .... to
Ditto Fifths ...
Ditto. Thirds ....... .. 18 . .....
Do., Now Guar. 6 per cent. 10
Do. (Hudders. and Shcff.) 50
.._ __...

D0.,-West Riding Union.— 11,,i .... 4 !,i .. -.. 0 4
Leeds and Bradford ...--.... 50 93 x.d.... to 921,4
Leads and Thirsk ...—.. ....... 50
Do. ,do.,Prefer., 6 per Cent. 6 .
Ditto, ditto...
Ditto, ditto ..... ... No. 3 5 ......
Do. Pref. Quarters, 1848... 9
Liverpool, Crosby, andSouth-
port
I. ondon & 81ackwa11......11/. 6s. 3d — ... .. to
Load., Bright.,& SsuthCoastloo -.. 81
Do. Guaranteed 5 per Cent. 9 ......
De. Preferential, 5 per Ct., 50 ......
Ditto, ditto 1852 50 ..... ...... to
Do., New, gua. 6 pr Ct.... 100
.137 ..... to
London and Grenv,rich... 121.155. 4d... ...... 0
Ditto Preference .......... f 2.0
London 6 North Western.....lGo —.114 11314 xd :o 114
Do. New Quarter 5........... 17 -