The Sun.
London, England, 1855-10-03 00:00:00

TEIF, SUN, LONDON, WEDNESDAY EVENING, OCTOBER 3. 1855,

island, lies in a hopeless condition. His recovery
from illness is exceedingly doubtful.
Considerable shipments of sugar are about to be
made to America, where the produce market is
found to be much more advantageous than the
home markets.

The island is generally healthy.
Mining matters continue favourable.
His Excellency the Governor has appointed Capt.
Chamberlayne, Ist West India Regiment, to be his
military secretary, in the room of Lieut. Bancroft,
who is absent on leave.

Col. Tunstall, Ist West India Regiment, succeeds
Capt. Chamberlayne in command of the detach-
ment at the Kingston Barracks.
The market has been, to a trifling degree, more
active than we have been able to report for some
time past.
Exchange on London : at 90 days, 1 per cent.
prem. ; 60, 1,1- ditto ; 30, 2 ditto.

Sir Charles Hotham has kept himself singularly
aloof from any interference in the matter—not, I
believe, because of any special disinclination, but
because he appears to have conceived a morbid dread
of meeting a crowd. He has on more than one
occasion been subjected to marks of disapprobation,
and since then he has avoided any public assembly.
The governors of the other colonies have originated
the movement by publishing the Queen's pro-
clamation, and taking the chair at a public meet-
ing. This, however, was not done here, and
the matter was allowed to slumber.

MONEY MARKET

AND

COIYINIERCIAL INTELLIGENCE,

OITY, Two O'CLOCK.
The Liverpool cotton market, yesterday, closed
heavily,and prices of Americans were 1-16 d. per lb.
in favour of the purchaser. Surats were without
change. Common Maceio was Id. per lb. cheaper,
but all other descriptions were unchanged. _The
sales were 6,000 bales ; 4,000 of which were Ame-
ricans (500 for export); 80 Pernam and Maranham,
at
,yid. to 7Yd. ; 100 Bahia, at 6.1 d. ; 30 Egyp-
tian, at 812 d. to 9d. ; and 2,000 Surat, at 31d. to
41d. per lb. The Railway Share Market was quiet,
at a decline on Monday's prices.
Accounts from Western Australia report satis-
factory progress in public works, and an estimate
of the expense of constructing a jetty abreast of
Pearce's Farm, Freemantle, had been submitted
to Government, which it was believed would soon
be executed. The profits of the Western Austra-
lian Bank during the half-year enabled it to pay a
discount of 6s. 3d. per share upon those shares not
paid up in full, or as dividend at the rate of 121 per
cent. per annum on the paid-up capital.
The money market to-day has been easy as far
as discounts are concerned, and the demand is mo-
derate, but on the Stock Exchange there is still
full employment; the report that the Bank ofFrance
had decided to put up its rate of discount not
being without its influence. In the meantime, how-
ever, besides the gold on its way from Australia,
we have had the Magdalena from Mexico. All the
gold by the last Australian arrivals has been taken
away for the Continent, but we must not confound
this with any fresh operations, because it was pur-
chased as soon as its arrival was announced by
telegraph off the coast. The foreign exchanges
were firm again yesterday afternoon.

For public securities the market continues ex-
ceedingly heavy, and although at our present writ-
ing it is better than it opened, there is a want of
elasticity which has been conspicuous almost con-
tinuously during the last fortnight. The primary
cause is the superabundant supply of stock emanat-
ing from the bankers and others, who can find more
profitable employment temporarily, or even better
paying investments. The public, we have reason
to believe, are quietly coming forward to make their
purchases, induced as usual by the lower rates cur-
rent, but this is yet in the aggregate insufficient to
absorb what the banks put upon the market. The
question very generally asked now is, can the bank
have much more to sell, or where does the stock
come from if it does not emanate from that esta-
blishment ? We must take into consideration,
nevertheless, that 70 per cent, on the 16,000,0001.
loan has already been paid up, and is, therefore, so
much more added to the debt available for dealing.
It may be that a large number of subscribers re-
tain it, but the fact is precisely the same, because
they are prevented from coming into the market
as buyers, as it is reasonable to infer they would
have been compelled had the loan not been
created, to have bought in the open market.
Consols have been done for money as low as
871,, but since have recovered to 881, at which
improvement a bargain is officially marked. This
is the best example that can be given of the unset-
tled state of the market. The account prices have
been 88 to 88i, and are now 881 For Exche-
quer Bills the prices have been 3s. discount to is.
premium, and fo-: East India Bonds par to 6s. pre-
mium. Exchequer Bonds are at 99.
The Market for Turk;sh Bonds is disturbed by
the heaviness of Consols, and the Old 6 per Cents.
are about 1 per cent, lower, but the prices are
fluctuating. After being first marked 85 they
have sunk to 84/ I. The New Scrip is 2l to 1i
discount being also affected. French Scrip is 1
premium only. Spanish Passive are 5. Dutch 2!
per Cents. 641- 1. Ditto 4 per Cents. 93i ex divi-
dend. Portuguese 5 per Cents. 491. Peiuvian
41 per Cents. 75k, and ditto 3 per Cents. 55.
Mexican are 21± 1, being better.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 18 to 20; Mexi-
can, 211 to 211; Peruvian Four-and-a-Half per
Cents., 75 to 77 ; ditto Three per Cents., 55 to 57 ;
Portuguese Four per Cents., 43 to 45 ; Russian
Five per Cents., 97 to 99; ditto Four-and-a-Half
per Cents., 85 to 88 ; Spanish New Deferred,
37/ to 381 ; • ditto Three per Cents., isg to 19 ;
ditto certificates, 4/ to 41; ditto Passive, 41 to 5.
The North-Western Railway, during the last
three months, has earned 30,0001. more, saved
10,0001. in expenses, reduced its daily mileage
about 1,000 miles, and otherwise improved its posi-
tion.

By sympathy with the funds, most of the prin-
cipal railway shares are drooping, and even Great
Northern, though now to per cent. better, are
not so buoyant as they were after official hours
yesterday. The improved prospects of this
company might have led to the expectation
of a further improvement, but this is pre-
vented by the inactivity of the market, and
the indisposition of parties at the present
moment to invest in these securities. Great
Western rule firm, and also Midland. East India
Extension are heavy, and Northern of France are
down about Paris and Lyons are scarcely so
firm. Great Central of France are .6 better.
Great Western of Canada are steady.
There are but few dealings in Mining Shares,
and Banks are weaker. Canada Land are fully
3/. cheaper.

BRITISH FUNDS THIS DAY AT ONE O'OLCWI/4 .
(From the (*lie tist.)
Busine., Arms
3 per Cent. Consols Annnities BBB n 8 i
L )ng Annnit;es, Expire sth Jan., 1860 -
Ditto 30 Years, Expire sth Jan., 1860 9i
India Bonds, £l000
Ditto under £lOOO 2 6 p par 4 p
Consols ,or Account, 12th October .......•••• SSA 8
E tchequor Bills, 20. 1 2d.
£1000
2500 par 3d 1 p pa, 3 1 p
Smallpar 3(11.p I par 3 d 1 p
Exchequer Bonds 1858,•38 per Cent. 99
Ditto 1859, „ 99
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Mexican 3 per Cent.
Peruvian Bonds, 4i per Cent ...... ....••••••
Ditto for the account 751
Ditto 3 per Cent.
Portuguese Bonds, 5 per Cent., Con. 1811 49i
Spanish Bonds, 3 per Cent
Ditto Passive 5
T irkiah Bonds, 6 per cent
Ditto for the account
Ditto Now Ccrip, 4 per Cent.
nividends on the above payable in London.
French Rentes' 3 per Cent. .. ..
Ditto Scrip 2nd Loan of 1855 1 p
Dutch Fxchange, 24 per Cent. 12 Gull
Ditto 4 por Cent. Cortifleates ••-- 931 a d
HALF-PAST Two.
Consols
Ditto for the Account BBA

St.
10
St.
25

10
5
20
18

20
20
20
20
100

20i
1.03
20

20
20
20
20
33i

SHARE MARKETS.

26
St,
20
St,

50
20
St.
St.

(THIS DAY.)

RAILWAYS.

Closing Prices
yesterday.

20
10
I.V
St.

8i

Bnsinekis dons
this day.

13, ul

ex ti

10
St.
20
50

26i
134
20
16
St.

FOREIGN.

St.
164
5
St.

92A 3

20
12A
25
20

8~
25
10 ,

1
2
all
13

1168

all
all
all
all

all
100
9
e

all
all
10S
100
100

100
all
all
all
all