The Sun.
London, England, 1852-10-18 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY, Two o'CLocK.
The sales of Cotton at Liverpool on Saturday were
about 15,000 bales, of which exporters took 2,000 and
speculaters 5,000. The market ruled firm with rather
higher prices. Railway Shares were steady.
The accounts from the United States are to the 7th
inst. The Stock Market was flitter, partly in conse-
quence of an extensive defalcation in a large banking
house, but the individual had not been a speculator in
stocks, as it was afterwards discovered, having invested
his purloined funds in real estate. The fall in quotations
during the week had been 5 to 10 per cent., and several
of the leading fancies were selling it prices lower than had
been known for months. The steamer Ohio having arrived
fromealtfornia with 200,000 (Wan gold dust was expect-
ed to give an improved tone to tae market. Among the
causes of the existing flatness, we must not forget to
mention the largo accumulations of specie in the Sab-
Treasury, rendering . the banks enutious in their dis-
counts. The imports for sone weeks had been very
heavy, and the payments fcc• duties unusually heavy
but the season was drawing to a close, and Government
disbursements would soon c'rculate the money in the
Treasury. There had been a moderate demand for
exchange in London, at 101 to . The balance of trade
against New York, during the nine months to Sept. 30,
was 5,219,795 dollars. The amount of gold deposited
in the Philadelphia Mint during the 9 months was over
36,000,000 dollars. The exports of bullion from New
York this year to the 2,1 inst., had been 21,000,000
dollars.
The Californian news appears to be as encouraging as
ever, and quartz crushing was proving very successful. At
Nevada; one mill, after 48 hours' trial, turned out, 6,400
dolls. A new amalgamator had been discovered, and was
proving very successful. From theist of January to Sep-
tember, 8 marks, 29,195,965 dolls. had been exported in
gold.
From Nicaragua we have rumoured discoveries of gold
mines, about 80 miles from San Juan del Norte. Coal
beds bad also been found.

At Valparaiso, on the Ist Sept., flour was dearer.
Freights bad materially advanced. Copper ores to
Swansea, 31. 55., and Guano to England 31. per ton.
The steamer Orinoco, with the West India Mail, has
456,028 dolls, in specie on board, and 200,000 dolls, were
left behind at Panama, in consequence of the state of
the road.

The rate of exchange at Jamaica was per cent 90
days, on London. The first departure of emigrants to
Australia had taken place. The seasons bad set in at
Falmouth, and hopes are entertained that the next crop
will be abundant. It is stated that ground prJvisions
have been very scarce this year, both from diminished
growth and a disease resembling potato rot. The
Jamaica Bank had declared a dividend of 3 par cent., a
trlllog falling off having occurred in the gross profits of
the halt-year. The Planter's Bank had been doing
tolerably well.
The following statement from a Trelawny (Jamaica)
newspaper is interesting, and deserves att3ntion :
" The article of sugar has taken a sudden and rapid
rise in price, consequent upon the shortress of our crops
and the exportation of the greater portion of it. Sales
have been effected at 251. per hogshead ; and the article
has been disposed of in barrels at tha rate of 304 per
hogshead. The peasantry who have acquired property
in this or other parishes are cultivating canes and
manufacturing sugar ; and we are cognisant of the sales
of several parcels of sugar in this parish, of persons who
are stigmatised in the columns of the British press, as
being squatters, and removed but one shade from the
brute creation.
" Tho Barque Trelawny, commanded by Captain
MoNeilage, will take her departure, shortly, from this
port for Glasgow, in ballast, a circumstance which is
much to be regretted, but when the difference in the
price of sugar between the Homo markets, and that
which it now commands in this country, is considered,
our readers cannot be surprised that parties would ra-
ther dispose of their produce in Jamaica, at a profit,
than risk a loss by shipping the article."
From Demerara the aCCollits are not quits so satis-
factory, and the young canes required more moisture.
The rate of exchange at Hamburgh last Friday was
steady at 13 44. Money was in more demand.
At Amsterdam, on the 16th instant, not much was
done in Dutch bonds.
Tho advices received from the Burra-Burra mine, in
Sou2tosgt
ohuo
August,
oreuar 3 sn:ot
drooac
oinsl etahpo,
ant
neas
dmr emba cet.orntr. che oe uw commencementeag
The
rg
ei
English
expected
gp el
e'
slh
t'he de
ar o
df wereA
during
juusn t
Juno, and
:InoaydriO,
Copper Company's smelting
works were in operation as
usus.t
The railway meetings announced are the following:

Aberdeen, 21st Oct.,Ridley's Hotel; Demerara,lBth Oct.,
London Tavern; Dijon to Besancon, 25th Oct., Paris;
Great Indian Peninsula, 29th Oct., Office; London and
South-Western, 26th Oct., London Tavern.
The English funds have had a firm appearance, hit
not much has been done. Consols have been quoted
1001 to for transfer, and looi to I for account. The
New 3i per Cents. have been marked 1031 to and the
3 per Cent. Annuities 99} I. There was an im-
pression that the market would have become
still more buoyant, as all passed off trunquqy ust
Paris on Saturday; but Monday is seldom much of a
business day. Bank Stock has been quoted only 2223-
224 i, a deeline. Exchequer-bills were 758., aid India
Bonds, 85s. to 883. premium.
Spanish Bonds are buoyant again, and a further slight
advance has occurred. The Three per Cents, have been
51i ; and the New Deferred 26 ; Mexicar Bonds are
very good, being 24i to 25k ; Grenada Deferred Stock
is ut 1 • Buenos Ayres, at 78 to 80; and Bra-
zilian Small, at 101 ; the Peruvian Deterred are at
62. Russian Old B, ads have been narked 118 i,
and Dutch 2,} par Cents. 65; Belgian 4} per Cents.
have realised 98g. The Turkish Loan is giving way
again, having been 71,,since only 61, and 10 w 4i to 5 prem.
The Swedish Loan are a g premium.
The railway share market has been buoyant, and
with a fair business doing. Aberdeen have risen Ito
Caledonian to 1, Midland it to,}, South Eastern 1,
York and Berwick 1 to li. York aid North Midland 1
to 2, Great Northern le to 4, and most others in pro-
portion. French Shares have Inen up about 10s, but
and with
are or e m
5 di o
tn og 6
a t
;
fuller are flatter now. The Belgian end East Indian are in
demand.
Chartered,
Gold Mine Shares are brisker
and Cette
Railway Shares
Bordeaux and
xs
Ble
Antwerp, :1 i; Upper Inclia,l i; Chinese Bank, 7.16 9-16;
Premium; Suottfsh, I discount to par.

O'CLOCK
BRITISH FUNDS THIS DAY AT ONE
(From the Official List.)
ONE
PRICIS3 OF BRITISH FITNIA O'CLOCK.
Bank Stock 224V, 2%
3 :,er Cent. Reduced Anne 994,
3 par Cent. Consol9 Annuities.. 100%
New 314 par Cent. Anna
India Stack
India 1,0001.......«..••••• ••••• 85 8
South Sea Stock
Ditto Old Annuities ...............
Cmsols tor Account . . ............... 100
eAcohequer Bills. I.V. March.
1,0001. ..

CLOSING
PRICES.

5001. -
Small, .... 000000000000
ONE_...
PRICE% OF FOREIGN FUNDS. O'cLoCIC.
Brazilian Bonds, Small ............ ... 101
Buenos Ayres Bonds, Li per Cent.... 78 80
Grenada Bonds, Deferred... ... ..... 115/8
Mexican 3 per Cent 25 25V8
Peruvu. Bonds, Deferred 3p. Cent 62
Rnssian Bonds, 1822, 5 per Cent llB% 1183/4
Ditto, 4 per Cent
Sardinian Both, 5 per Cent.
971,3,
.5.,
A a
Spanish Bonds, 3 per Cent 513414 511/3 ,i,
Ditto New Defined, 3 per Cent 26 26 5% 3/,
Turkish Loan, i per Cent., 1852 7146% 7%61% 5;.i21
Belgian .:: on d 3,5 per Cent 98%8
Dutch Exchange, 2% p. Ct. 12 Guil 65 :65 IA
Dutch Exchange 4p. Ct. Certificates 96 96% %
Ditto 80nd5...." .95:K3 95% 6

CLOSING
PRICES.