The Sun.
London, England, 1855-05-08 00:00:00

OUNI____LONDONs T172/113.AY BYENINM MAY I,
_IXSB

qONEY MA RKET

AND
M E.ROIAL INT
:ELL' gElv CB.

CITY, Two o'CLocx.

The Cotton Market at Liverpool yesterday
closed very firmly, and the demand for cotton
3outinues with unabated vigour. The sales were
estimated at 18,000 bales, of which 4,000 were
taken for export, and 3,000 on speculation, chiefly
Surats. The Railway Share Market was steady.
The question of this year's food supply becomes
more interesting as the season advances, and with
yesterday's accounts froin the United States, where
prices are unusually high, there is the greater rea-
son for endeavouring to ascertain what quantity
we are likely to ge, nearer home. Notwithstanding
the prolonged winter and the absence of rain up to
this date the young wheat plant is described as
being healthy, and even where the autumn-sown
grain has been destroyed by the winter's frost, the
'e-sowing this spring has perfectly succeeded. Upon
ill these matters Messrs. Joseph and Charles Sturge,
,f Birmingham, give the following interesting de-
ails
" During the whole of the past month we have had,
with little exception, cold north-east winds and frosty
sights; vegetation is consequently so exti emely hack ward
that unless the weather from the present time should be
-xceedingly fine and warm we cannot have an early har-
vest, but with an immediate change to rain and heat the
crops may still be ready for the sickle sooner than the
sverage of years. The season has, however, been very
favourable for sowing all kinds of spring corn : the ground
s not so dry as to prevent vegetation, and the blade is
senerally coming op with a healthy appearance. This re-
mark applies also to wheat on land re-sown in
,-pring, an operation rendered necessary to a consi-
lerable extent where the plant was destroyed or
-ouch injured by severe frost in winter. The
supply of English wheat, although still liberal, has
'.seen much less so than during the greater part of the
ason that has elapsed since last harvest ; but our
prices were barely maintained so long as a confident ex-
pectation still prevailed that the Conferences at Vienna
would end in peace. Since, however, it has been ascer-
tained that there is little probability of this most desir-
able result, we have had a sudden advance on wheat of
sbcut Bs. per quarter, and not such disposition on the
part of the growers to sell even at this advance, as they
look forward to still higher prices. There have been
some arrivals of Baltic wheat in London and the Eastern
worts, and a further quantity is on passage. A consider-
able number of grain laden-vessels, which have long since
passed Gibraltar, are also kept out by the northeast winds.
'They are principally, we believe, from Alexandria, or
wien with Egyptian wheat and other inferior qualities
of grain, re-shipped from the Mediterranean ports.
Prices have not yet materially advanced in France, the
supplies in the south, added to a few imports from Bel-
ium, having so far nearly supplied the deficiency in the
north. We hear complaints of the appearance of the
French crops on the ground, and it is yet uncertain whe-
ther France will require an import of wheat. Should
this prove to be the case, it is difficult to tell the point
the price of wheat may reach. Although in the event
of ours being the only European country requiring
an import o breadstuffs, we may draw a supply,
sufficient with that remaining in farmers' hands
to carry us on even if the harvest be late,
from the northern p, its not yet closed by the war, Spain
and the Mediterranean ; and the case would be alto-
sether altered if France should co -.vete with us in
foreign markets. It is now evident that we shall not
receive any considerable supplies from the United States
until they have secured another harvest, as by late ac-
counts the best Genessee white wheats had reached a
price almost unprecedented for that country, of 95 to
100 shillings per quarter ; and Canadian, for forward
delivery, was held at 88s. for 4801b5., with the stocks
on the seaboard so exhausted that it is probable all
that will be received from the west on the opening
of the canals will be required to supply the wants of
the Eastern States, which may also take what
we should otherwise have received from Canada.
We believe our millers generally hold light stocks, and
if the con-umption of bread had not been for some time
oast materially ies-ened by the distress of our working
dopulation our prices might have been still hither than
hey now are. Our present quotations of wheat, are
English red, 9-4. Bd. to 10-s 2d ; white, 10s. to 10s. 6d.
per 621b8. at Birmingham. The quantity of foreign on
our markets is so trifling that the prices may be con-
sidered nominal. The stock at Gloucester is only 8,400
quarters. The scarcity of green food for cattle ant
sheep, caused by the long continuance of cold dry wea-
`her, has increased the demand for grinding barley, but .
it has not yet advanced in price more than about 2s. per
quarter on the better descriptions, and there is no ins-
;.qovenient in the value of inferior qualities."
The accounts from the Baltic state that there
was still a good deal of ice along the shores of
Finland, but the English fleet was preparing for
operations.
The Stock market is necessarily heavy from the
position which political affairs have assumed, both
here and at Paris, the unpopularity of our Govern-

ment leading to the impression that there will be
a Parliamentary struggle ere long, and the retire-
ment of M. Drouyn de I'Huys inducing very con-
•
tradictory opinions, because the reason is not
understood. If, however, it should be proved
that the Emperor is resolute for a more vigorous
policy, the resignation of even such an able
Minister will excite the less regret. The failure
of a large speculator for a rise in the price of the
new loan has temporarily deranged the market,
and it is found that there is much more of the Om-
mum delivered than was expected. The current
value is but b to i premium, and it seems clear that
not only private allottees, but many of the hankers
and capitalists who largely participated, have re-
alised at the premium. Considering the total amount,
however, there must be still a large amount held by
the original subscribers. Consols have been 88g
and are now 88g to The New 3 per Cents. have
been 88 and 881, being now 871 to Bank Stock
is steady at 209. Exchequer Bills have been ss.
to Bs., and India Bonds 17s. premium.
Foreign Securities are very dull. The prices,
however, remain tolerably firm where transactions
have been entered into. Mexican Bonds have been
dealt in at 21, Spanish Deferred at 18k, and the
Certificates at 4. French 3 per Cents. are 68 75,
with the exchange at 25 15. Dutch 2i per Cents.
are 63.

The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 6 to 6i; Mexi-
can, 201 to 21 ; Peruvian, 67 to' 69; ditto Three
per Cents., 47 to 49 ; Portuguese Four per Cents.,
tl to 43 ; P.ussian Five per Cents., 98 to 100 ;
ditto Four-and-a-Half per Cents., 87 to 89;
Spanish New Deferred, 18k to 182- ; ditto Three
per Cents., 36/ to 361 ; ditto Certificates, 4 to 41;
ditto Passive, 31 to 4.
Railway Shares have been flatter, and with some
pressure of sales as regards the English lines. The
East Indian are still in good request, and the
Colonial are well supported. The French Shares
are weaker.

United Mexican Mine Shares are heavy, the
Joint-Stock Banks merely nominal, and the South
Australian Land very firm.

-11BITISH FUNDS THIS DAY AT ONE O'Crof Ic,
Prom the °Pia/ tilt.,

Bu+iness dons
daui Stock
3 per Cent. Reduced Annuities. . ...
3 per Cent. Consols Annuitieb ......... 88a if
New 3 per Cent. Annuitief4
New 2A per Cent. Annuities
:;ng Annuities, Expire oth Jan., 180 3,1- 15-16
I .dia Bonds. ka0(10
C or Account, 10th May BBa a
CraniumA Pu 2
mactiequer gills, 24d.
ilOOO .................. 8 5
....... ..... •,...
2500
8 5
Small
85
PRICE OF FOREIGN FUNDS AT ONE O'CLO FM.
74exicau 3 per Cent.
Spanish Bonds, 3 per Certt
Ditto New Deferred, 3 per Cent. lBi
Spanish Committee Cert. of Coup. not fun. '4
~ivi.tenclf, on tie above payable in London.
French Rentes, 4a per C eut.
Ditto 3 per Cent 6Bf. 75e.ex 25f. 150.
Duten Excbauge, 2a per Cent. 12 (Alit__ 63

HALF-PAST TWO.
Consols RBR fi
Ditto, May Account

LATEST N E S.

tatur's) daoghtera, and both of whom he ealLi WI; most
devoted friends. In other clauses the Emperor expresses
his thanks to a number of other persons whom he names
as being his devoted friends and servants ;• arrn.ng
them he mentions Prince Paskewitch, Generfns Orloff,
Llenicheff, and Menschikuff, M. de Nesselrode,: and
thanks them all in the warmest manner for the services
they have rendered to him and to the State. In one
clause, which is particularly addressed to the Em-
peror Alexander, the will says :—" I am convinced that
my son, the Emperor Alexander, will always remain
a tender and affectionate son, as he has always
been to his parents ; and this duty will become still
more sacred for him when his mother is alone. In his
relations with his brothers, my son must unite the
indulgence called for by their youth with the neces-
sary firmness of a father of a family. He must
never suffer any family quarrels which may be
prejudicial to the service or even to the State,
and should such circumstances unhappily arrive, ha must
remember that he is Emperor, and that all other mem-
bers of the family are his subjects." The will concludes
by a clause, in which the Emperor begs all those whom
he may have unintentionally offended to forgive
him, as he forgives all who may have offended him. He
expresses his regret that he has not been able to accom-
plish all the good tI at he could have wished, and begs
all his friends to offer up their prayers fur the repose of
his soul. •