The Sun.
London, England, 1852-11-30 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY, Two O'CLOCK,

The sales of Cotton at Liverpool estimated at from
5,000 to 6,000 bales, of which 1,000 American were
taken for speculation. The market closed heavily.
The sales comprised 420 Pernam and Maranham,
at 6d. to lid. ; 70 Bahia, at 6d. to 61d. ; 300
Egyptian, at 6d. to 9d.: and 500 Surat, at 3/d.
to 4id. per lb., and the remainder nearly all Ameri-
can. Railway Shares were very firm, at reduced
rates.

The accounts from the United States represent
business as continuing good.
The following are extracts from the last letter
received from the Captain of the Wardy Yallock
Port Philip exploring party :
"Wardy Yallock, 14th August, 1852.—We are at
the present moment in precisely the same condition as
we were at the date of my last communication. Of all
the miserable weeks it has ever been my unfortunate lot
to spend, and their name is ' legion.' I never spent a
more wretched one. Except for a few hours on Tues-
day, it has been rain, rain, rain, from morning to night.
We have been confined to the tent the whole of the
time. Yesterday it blew a perfect hurricane for several
hours, and I had strong fears that our tent and we would
have parted company ; as it was several of the fastenings
gave way, and the ridge-pole bent almost double. We
secured it, however, and eventually our fears subsided.
Towards the evening thunder was heard rumbling
through the air, accompanied with vivid flashes of
lightning. *

"It is well that we have something altogether supe-
rior to a pecuniary consideration, to induce us to face
the difficulties and undergo the hardships which we have
to encounter in prosecuting our search. No pecuniary
consideration, uninfluenced by higher motives, would I
should think induce any rational man to forego the com-
forts of home, and the society of his friends, for the
miserable d'scomforts of the bush. But we have a
higher motive to impel us forward, and that is, the de-
sire to benefit the town we inhabit, and, as a sequence,
to merit the thanks of our fellow-townsmen.

" I am anxiously waiting for the weather to change,
that we may recommence operations at Paterson's Cres-
cent. Depend upon it, that is the place where success
will smile upon us. We managed to get there for a
short time on Tuesday ; one hole was full of water, 9
feet deep. We bailed it out and got up a few large stones,
when the rain warned us again to depart. I washed
one tin dish, and obtained twenty nice bit's of gold.
As we go down, the gold gets heavier, which is a pro-
mising sign.

" H. SWINDELLS,

"To the Secretary of the Gold
Exploration Company."

The English Stock Market remains rather
heavy, but there is no reaction in prices. The ill-
ness of the Chancellor of the Exchequer renders
it probable that the Budget may be postponed,
and this is one cause of the disinclination to enter
into speculative transactions. The general belief
is that an increased property-tax is to be imposed,
and some parties point specially to rail-
ways as being exposed to a larger impost.
It is inferred, however, that the enquiries
making as to the capitals of lines their incomes,
&c., merely form part of a general scheme for the
taxation of fixed property, supposing such to be
entertained by Mr. Disraeli. The income of the
country being raised, an expectation prevails that
duties upon various articles will be reduced, and
the tea trade are still rather sanguine, al-
though their case is certainly a doubtful one,
considering that, with the present Ministry the
agricultural interest is to have the preference.
Consols have been 104 to for transfer and ac-
count. Bank Stock is steady at 2221, and India
Stock flatter at 275. Exchequer Bing of March
are at 70s. to 735. premium, and India Bonds at
80s. premium. The New 3 per Cents. have ie-
alised 1031 •
The Foreign Securities have been much dealt in,
and the settlement of the account occupies atten-
tion almost exclusively. The Turkish Loan is
nominally to 1 prem.; the holders are much
disheartened at their prospects after Lord Malmes-
bury's reply, and the paltry offer of the capital and
5 per cent. interest made to them, through
him, by the Ottoman Government. Mexican
Bonds are steady at 25. Equador Stock
looks well again, being 5 to k. Brazilian
New Bonds have been 97i. Grenada Deferred
are llf to Spanish 3 per Cents. have been 51/
to 52, and the Deferred 24k. The Certificate is 3
to /.
The settlement of the railway share account has
occupied attention to the exclusion of new dealings,
and prices are variable accordingly. Aberdeen
have been as high as 35, and North Western,
South Eastern, and York and North Midland are
higher. French shares are firm, though quiet.
Gold mines are still in request at the advanced
rates. Banks are good, but dull. Australian
Agricultural Company are improving.

BRITISH FUNDS AT ONE O'CLOCK THIS DAY,
(From the Official List.)

Bank Stock
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3,1 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860
India Stock
India Bonds, £lOOO
South Sea Stock
Ditto New Annuities
Consols for Account
Exchequer Bills lad.
£lOOO.
£5OO
Small

Business done.
2223
100} A
104 -LF3
1034
...
_63 7-16

275
80
1111021
March. June.
.... 73 70 70 369 72
• 73

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK,
Brazilian Bonds, 5 per Cent. —
Ditto 4i per Cent 97A
Ditto New Bonds, 1829 & 39, 5 per Cent lO2l 3
Equador Bonds 5
Grenada Bonds, 1i per Cent —
Ditto New Deferred, 3 pe: Cent.
Mexican 3 per Cent..
Peruvian Deferred 3 per Cent 64i
Portuguese 4 per Cent. , 3B
Sardinian Bonds, 5 per Cent.
Spanish Bonds, 3 per Cent 52 1i
Ditto for the Account sli
Dia() Deferred, 3 per Cent. —
Ditto for the Account 24i
Spanish Committee Cert. of Coup. not fun 34 1- p c
Swedish Loan IB d

HALF-PAST TWO.
Consols lOl4
Ditto Account, Dec. 9

THE ROYAL ACADEMY.—.Her Majesty, as the head of
the Royal Academy, has backed the petition to that
body of the engravers, with the gracious reccommenda-
tion of their prayer ; and the Forty, in obedience to
royal wishes, and in compliance, doubtless, with their
own sense of the justice of the demand, have, we be-
lieve, consented'to admit a certain number of engravers
(to be hereafter determined on) to the full honours of
the academy. Thus, after nearly 90 years of heart-
burnings, this grievance is removed—and the little stool
in the ante-room which Woollett contemned, will be
changed for a morocco chair in the midst of the Forty.—
A thenceum.

GREAT ISSUE OF NEWSPAPER STAMPS.—The very
large number of upwards of 2,000,000 newspaper stamps
were issued last week to supply the immense demand for
copies of the papers containing the account of the pre-
parations for and the funeral of the late Duke of Wel-
lington. The number of stamps issued last week has
far exceeded the number ever required in one week under
any circumstances, although large numbers had been
issued in the same period of time during the railway
mania of 1845, during the French revolution, and the
Great Exhibition.

PERUVIAN BONDS.—Rumours have for some days
been current of a movement on the part of some of the
more influential Peruvian bondholders, having for its
object to obtain from the government of the Republic
certain terms for a new conversion of the debt. Ac-
cording to report, the terms proposed are 1251., in Four-
and-a-Half per Cent. stock for every 1001. of the present
Active Bonds ; and 751. in Four-and-a-Half per Cent.
stock for every 1001. of the present Deferred debt.
THE TEA TRADE.—The deliveries of tea in London
last week were 583,1051 b., being 119,0001 b. more than
in the previous week, when, however, the quantity was
short.

BOTANICAL SOCIETY OF LONDON. The sixteenth
anniversary meeting was held last evening; Dr. J. E.
Gray, F.R.S., president, in the chair. Mr. G. E.
Dennes, the secretary, read the report of the council,
from which it appeared that fourteen new members had
been elected during the year, and that the society con-
sisted of 302 members. The distribution of British and
foreign specimens had been carried on with great suc-
cess, and many thousands of specimens received for dis-
tribution in January next, and the appointment of a cu-
rator, had greatly facilitated these important objects ;
many valuable works had been presented to the library.
The report was unanimously adopted, after which a
ballot took place for the council, when the chairman was
re-elected president; Mr. J. Ball, M.P., Mr. F. P.
Pascoe, F.L.S., and Mr. J. T. Syme, were elected new
members of the council.

BRITISH ANTI-STATE CHURCH ASSOCIATION.—Last
night the autumnal meeting of this association was held
at the London Tavern; Bishopsgate-street. The chair
was taken by Apsley Pellatt, Esq., M.P., who was sup-
ported by Frank Crossley, Esq., M.P.; Edward Miall,
Esq., M.P.; J. Card Williams, Esq.; Win. Edwards,
Esq.; H. Vincent, Esq.; Charles Rawlins, Esq., of
Liverpool, and a number of reverend gentlemen. Re-
solutions were passed, and speeches made in favour of
the object of the association, after which thanks were
voted td the chairman, and the meeting terminated.
[ADVERTISEMENTJ—HOLLOWAY'S PILLS a safe and
certain Cure for Coughs, Colds, and Asthmatical Com-
plaints.—The autumnal quarter is the season when
coughs, colds, and wheezings on the chest are most pre-
valent. Such are the properties of Holloway's Pills,
that if taken at the commencement of he attack, the
virulence of the disease is very much abated, and the
patient thereby suffers little or no inconvenience, but if
neglected it frequently occurs that the foundation of in-
curable disorders are laid ; therefore let those who are
liable to attacks of this nature try these invaluable Pills,
and they are particularly recommended to those who are
afflicted with asthmas and diseases of the chest.—Sold
by all Druggists, and at Professor Holloway's Establish-
ment, 244, Strand, London.