The Sun.
London, England, 1852-11-03 00:00:00

CITY, Two o'CLocK.

The sales of cotton at Liverpool, yesterday, amount-
ed to 5,000 bales, of which 1,000 American were taken
on speculation. The market closed heavily, and
American declined for those kinds under 6d per
lb. All other kinds were steady. The sales included
3500 bales of American, 400 Penam and Maranham,
at bid to 7d ; 400 Egyptian, at 6d to Bd, and 600
Surat, at 411 to 541. Railway shares opened buoy-
antly, but closed flatly.
The state of the Silk Trade is thus reported on by
Mr. Henry W. Eaton :
" The deliveries, &c., still indicate a large consump-
tion and proportionably moderate stocks, more especially
of silk in first hands. The effect of these sales has been
on the whole satisfactory, not only as resulting in the
sale of at least 1,500 bales of Chinese silk to the trade
at the reduced prices, and 500 bales of Bengal at former
quotations, but also in putting buyers in possession of
one intentions of importers to meet them to a reasonable
extent. To this impression of a more steady market
mar, I think, be attributed the decidedly improved
feeli❑g evinced last week, and the further sale of about
500 bales of China at corresponding rates, say, No. 1,
19s. ; 2, 183.; 3,17 s. ; and Taysaams from 143. 61
to 155."
The London Produce Markets are described by
Messrs. W. H. Jewesbury & Co. in the following
terms : - - -

" The improvement in the Foreign and Colonial Pro
duce Markets noticed in our last has continued during
the past month, which has been one of great activity for
all the leading articles; the demand both for export and
home use continues very large, and added to this, there
is a sufficient speculative demand to cause prices to be
well sustained. Importers have supplied the markets
freely, but are firm in demanding full rates, and in some
instances they are holding for higher prices. The con-
tinued large deliveries are now telling upon the stocks,
which have been for so long a time in excess of previous
years. Dyes have been brought forward freely during
the past month, and have mostly found purchasers at
current rates. Indigo has been in increased demand
during the last few (ays at higher rates. The advance
required by the holders of Cochineal prevents business
at present. Lac Dye commands previous rates, and
there is more inquiry fur Dye woods at higher prices.
From the Continental Markets the reports notice a good
inquiry for produce generally, and in many instances at
advanced rates."
To-day the sales by auction in Mincing-lane are
not numerous, but the principle staples rule firm.
For Bills of Exchange on flambroi, Trieste, and
other places, rather lower rates were accepted yester-
day afternoon.
A fusion is proposed, it is said, for all the railways
in France, so as to form two great companies only ;
the North and the Orleans. The constituted shares
of the Orleans are not yet delivered. Holders and
dealers are very sanguine of a rise, owing to the
large traffic, but at Paris enormous rates of Interest
are paid by speculators in shares ; as much as 100
per cent. in some instances.
There is much steadiness in the market for public
securities, in the absence of large dealings. Consuls
have realised 100-1 to for Transfer and Account.
The New Three-and-a-Quarter Per Cents are 103 k
to and the Three per Cents are 99i to Bank
Stock is firm at 223- to 2241. South Sea Stock, is
1111. Exchequer Bills have been 75s premium.
Foreign investments have been without any
marked change. The following letter has been re-
ceived upon the subject of the Turkish Loan :.
Paris, Oct. 30, 1852.

Messrs. C. Devaux and Co.
Gentlemen,—l think it my duty to continue to forward you
the communications which I receive from the Bank of Con-
stantinople touching the Loan.
By their letter of the 15th inst., which I received this
morning v Marseilles, the Directors of the Think of Con-
stantinople inform me, that, up to that date, they had
received from the Ottoman Government no new official
communication beyond that of F. E. Fuad Etlendi, Minister
of Foreign Affairs of the Sublime Porte, dated the 10th Oct.
inst., and of which I had the honour to inform you by my
letter of the 25th.
By their letter of the 16th inst., also received to-day, rid
Trieste, the Directors of the Bank of Constantinople advise
me that his Excellency, the Minister of Foreign Affairs of
the Sublime Porte, has officially intimated to them that the
Ottoman Government has not ratified the Loan. The Di-
rectors of the Bank of Constantinople inform me of this reso •
lution of the Imperial Government; intending, they add, to
apprise me of the ulterior intentions and arrangements.
Accept, Gentlemen, the assurance of my high esteem,
The authorized Agent of the Bank of Constantinople,
(Signed) G. COVTURPER.
The quotation for Turkish Scrip is 3-8- to 4 pre-
mium, this morning. Swedish is 4 discount. Mexi-
can Bonds are flat, owing to 28,000 dolls. having been
received for the dividends, at least as far as is yet as-
certained, and unless bills have been forwarded
besides cash. The prices are 241 to Peruvian
Deferred stock brings 62 to 1- Buenos Ayres Bonds
have been at 801 to 81/, being in request. Spanish
are nominal; the 3 per Cents at 511 to 52, and the
Deferred at 2.5 i to I. Dutch Russian and Danish
stocks have been taken at very full rates.
The Railway Share Market has been duller, and
prices are not quite so high. French shares have
been 53 to 103 per share higher. East Indian are
good. Upper India Scrip is now introduced into the
official list.
The Mining Shares have been more active gene-
rally, and gold mines are firm.
The Joint Stock Banks are in request.

BRITISH FUNDS THIS DAY.
(From the Official List.)
Business done.
Bank Stock
8 per Cent. Reduced Annuities .. 9954 % 5/8
3 per Cent Consols Anne. ... 100 i i
New 31,4 per Cent. Ana&
Gong Annuities. Exp. Jan. sth, 1860 —
Ditto 30 years. Exp., Oct. 10, 1859 6 3.16
Do. 30 Years, Expire Jan. 5,1860 ......
India Stock lre.. •e ....
Do. Bonds, 10001
86 7
South Sea Stock ...
Consols for Account lOO% %
Exch.gner Bills. 15(1. March June.
1,0001.
s(xv.
Small
PRICE OF FOREIGN FUNDS.
Brazilian Bonds, 5 per Cent. lOll4
Buenos Ayres Bonds 6 per Cent.
Danish 5 per Cent.
Equador Bonds
Mexican 3 per Cent
Ditto for the Account - 2li i /
Peruvian Bonds, 1849, 6 t er Cent ... 103 iji
Ditto Deferred 3 per Cent .. 62%
Ditto, Account
Portuguese 4 per Cent 33%
Rissian Bonds, 1822, 5 per Cent ..
Ditto 41,4 per Cent. .. IOSIA 4i
Sardinian Bonds, 5 per Cent. .......... 9B
Swedish Loan .. % u 5/s dis.
Turkish Loan, 6 per Cent., 1852 ... ... 3t i i * P.
Dutch Excha., 2% per Cent., 12 Guil.... 64 te
Ditto 4 per Cent. Certificates