The Sun.
London, England, 1855-02-23 00:00:00

:.rEV

AIW
COMMERCIAL INTELLIGENCE.

CITY, TWO o'CLOCIE.

The cotton market, yesterday, at Liverpool re-
mained unaltered. The sales amounted to 6,000
bales, all to the trade, including 150 Pornam and
Maranham at sd. to 6d. ; 200 Egyptian at Sid.
to 92d., and 500 Surat at 3d. to 4d. per lb.
In the produce markets this week business has
been conducted on rather a limited scale. Tea
has gone off heavily at the public sales, coffee and
sugar have been in moderate request, and tallow has
declined owing to the views of Mr. Cardwell, now
fortunately out of office, if report speak truly. Re-
ferring to the condition of the silk trade, Mr.
Henry W. Eaton states that at the public sales
there has been only a small attendance, and that
very little found buyers. Chinas were 16s. to
17s. for first and second Tsatlees, and 14s. for
best thirds. The indigo auctions have gone off
briskly, and wool sells freely at the decline sub-
mitted to.

The official returns relating to trade and navi-
gation for the month, and twelve months ending
January 5, 1855, have been published. From
these, it appears that the total declared value of
the enumerated exports from the United King-
dom for the month was 6,429,8931., being a
decrease of 143,8981. compared with those of the
like month in 1853. For the year there is shown
a diminution in the export• trade of 1,841,4731.
During the month the decrease is perceptible in
earthenware, haberdashery, millinery, hardwares,
and cutlery, machinery, metals, silk manufac-
tures, thrown silk, and woollen manufactures ;
but there was an increase of woollen yarns, linen
yarn and linen manufactures, cotton yarn, cotton
manufactures, and coals and culm.
The importations of the principal articles were
larger for the month, of coffee, cochineal, guano,
hemp, mahogany, palm oil, quicksilver, cassia
lignea, pimento, rum, geneva, sugar, tea, to-
bacco, and lamb's and sheep's wool, but there
was a falling off of live animals, cocoa, wheat,
barley, flour, indigo, flax, currants, rice, cinna-
mon, cloves, tallow, and wine.
The shipping accounts exhibit a falling off in
the tonnage of vessels employed in the foreign
trade of the United Kingdom during the month
of 454 tons in the entries, and 46,885 in the
clearances. " The following statement for the year
is favourable :

INWARDS.

tr. J Paid.

1854. 1855. at
British t0n5...... 4,513,207
Foreign t0n5..... 3,284,243
50

Total 7,797,550
•lITWADS. lioo
A
British tons 4,551,498
2!
Foreign tons 3,032,113
el
20
Total 7,583,611

In the coasting trade for the month 49,119
tons less were employed as regards the entries,
and 1,322 tons in the clearances.
The account of the United States Stock mar-
ket for the past week; as given by Messrs. D.
Bell, Son, and Co., is to the effect that prices
have been steady, with a moderate business doing.
The latest quotations are these :

Redeemable. Per Cent.
United States 6 per Cent. Bonds 1862... 98 99
United States 6 per Cent. Bonds 1868...106 107
United States 6 per Cent. Inscribed
1868...105 106
Stock lB67—
Pennsylvania 5 per Cent ... 78 90
Pennsylvania 5 per Cent. Bonds 1877... 80 82
Massachusetts 5 per Cent. (Sterl. Bonds) 1868...102 103
Maryland 5 per Cent. (Sterling Bonds) 9li 921
Alabama 5 per Cent. (Sterl. Bonds) 1858-9-66... 83 81
irginia 5 per Cent. (Sterling Bonds) 1888... 85 86
Virginia 6 per Cent. Bonds 1886... 86 87

- -
LOANS OF CITIES.
Montreal 6 per Cent 1857-1865... 83
New Orleans 6 per Cent. Bonds 1893... 80 82
Do. do. do. 1874... 78
Do. do. do. 1884... 72

RAILROAD BONDS.
Illinois Central 7 per Cent. 1875 67 68
Panama 7 per Cent., Ist Mortgage (Ster-
ling Bonds) 1860... 90
Pennsylvania Central It. Rd. 6p. Cent 1880... 87 89
New York and Erie 7 per Cent. let M
186 ort-
-8-1869...100 101
gage
New York and Erie 7 p. Cont., 2d. Mort-
gage, Convertible 1859... 88 90
New York and Erie 7 per Cent. 3d Mort-
-1883... 80 81.
gage
N.
York and Erie 7p. Cent. Conertible-1862... 68 70
V.o-Ir r.na T per Ccutv. finakins
Fund 1872... 75 76
Considering the severe distress among the in-
dustrious poor arising from the continued preva-
lence of the frost, it is highly expedient in the
interest of humanity as well as from motives of
expediency, and for the preservation of public
tranquillity, to adopt measures sufficiently compre-
hensive for the emergency. The discharge of
thousands of dock and other labourers at this
season may be justified as a necessity, but a mere
contribution of 1001., by this or that Company,
will evidently not meet the exigencies of
the case, and in addition to private benevo-
lence the great companies have at ob-
vious duty which they can easily per-
form. If we take the Dock Companies, for ex-
ample, we may assume that the moment the
weather breaks up they will be overwhelmed with
arrivals, and the labourers will have to 'work over- 10205
time, at extra wages. Would there be any ob- 25
jection then to advance a few shillings weekly to
each man usually employed, with the proviso 100
of its being repaid when again in work? The 100
habits of our artisans and labourers are notoriously 200
improvident; ; but here again much could be done t
to improve them if the formation of local savings 20
funds were promoted by the head authorities of 4
our great companies. . 20
The Funds are very steady, with a little busi-
ness doing for money, and scarcely any specula-
tion. Consols for transfer have been 90i to 91j, 100
and for time 91 to i. Exchequer Bills have 10000
realised 6s. to 9s. premium. Bank Stock is at
215, and India Stock at 220. 2IN
Foreign Stocks are quite neglected. Turkish ig
Bonds have been 75k, and Swedish 87. Bra- 1 5
zilian Small have realised 101.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 5 to 6 ; Mexi-
can, 21 to at ; Peruvian, 70 to 71'; ditto Three
per Cents., 49 to 51 ; Portuguese Four per Cents.,
41 to 43 ; Russian Five per Cents., 98 to 100 ;
ditto Four-and-a-Half per Cents., 87 to 89 ;
Spanish New Deferred, 171 to 171 ; ditto Three
per Cents., 36 to 36i ; ditto Certificates, dii to 5;
ditto Passive, 4/ to 41.
Railway Shares have been quiet again, but
generally at full rates.
Mines are dull, Banks rather lower, and the
miscellaneous shares supported.

:70 all
20 all
50 all
20 18
... 3

WHITISH FUNDS THIS DAATONE O'CLOch.
(Prom the Oficia

Bu,iness dole
dank Stock
3 per Cent. Reduced Annuities 9li i
$ per Cent. Consols Annuities 9l 9oi 1i 90j
New 3 per Cent. Annuities
Lone Annuities, Expire sth Jan., 1860 -16 7.16
India Stock
Consols for Account, Bth March 9l 1}
Exchequer Bills, 24d.
21000
.C5OO
Small 6 9
1 Ditto Advertised 4
_ _ _

—...._ __
PRICK OF FOREIGN FUNDS AT ONE O'CLOt3IC
Brazilian Bonds, 5 per Cent —
101
Ditto Small
tarkish Bonds, 6 per cent —
Ditto for the Account 75/
Swedish 4 per Cent........ ....... .........
Dividends on the above payable in London.
111LPPAST TWO.
Console 9Ol 1
Ditto, March Account

;0 all
.0 141 s.

LOADING VESSELS BY STEAM-POWER.—In the recom-
mendations lately made by the Chamber of Commerce
to the Dock Committee for economising dock space, par-
ticular attention was called to the importance of provid-
ing steam or hydraulic cranes around the docks for load-
ing and discharging ships. As an instance of the faci-
lity afforded for leading ships by steam-power, we have
this week witnessed the loading of the American ship
Queen of Clippers, of 2,360 tons, on board of whick ves-
sel a small donkey engine, of eight horse power, is fitted,
wkich works the pumps, the windlass, and holds. With
the assistance of this engine nearly 1,800 tons of coal
have been. taken from late alongside, raised over the
bulwarks a height of twenty-five feet, lowered and
wheeled fore and aft, and carefully deposited in the hold
in five working days. The ordinary custom of the port
allows sixty tons per day as a fair average for loading
coal vessels. In this particular instance, by the help of
steam-power, five times that quantity has been put on
board.—LiVerPool Albion.

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