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

MONEY AND COMMERCIAL NE WS.

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 id for those kinds under 6d per
lb. All other kinds were steady. The sales included
3500 bales of American, 400 Penam and Maranham,
at 6fd to 7d; 400 Egyptian, at 6d to Bd, and 600
Surat, at 41d to 511. 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 bee❑
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
the. intentions of importers to meet them to a reasonable
extent. To this impression of a more steady market
may, I think, be attributed the decidedly improved
feeling evinced last week, and the further sale of about
500 bales of China at corresponding rates, say, No. 1,
191. ; 2,18 s.; 3,17 s. ; and Taysaatna from 14s. GI
to 155."

The London Produce Mark9ts are described by
Messrs. W. 11. 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 days 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 for Dyewoods 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 Hambro', 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. Consols
lhaverealised 100 k to for Transfer and Account.

The New Three-and-a--Quarter Per Cents are 1031
to Y, and the Three per Cents are 99i to 4. Bank
Stock is firm at 223 k to 2244. South Sea Stock, is
1114. 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 via Marseilles, the Directors of the Bank 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 Effendi, 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,
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. COUTURIER.
The quotation for Turkish Scrip is 31 to pre-
mium, this morning. Swedish is :1 discount. .51exi-
can Bonds are flat, owing to 28,000 dolls. having been
received for the dividends, at least as for as is yet as-
certained, and unless bills have been forwarded
besides cash. The prices are 241 to 1. Peruvian
Deferred stock brings 62 to Buenos Ayres Bonds
have been at 801 to 811, being in request. Spanish
are nominal; the 3 per Cents at 5l to 52, and the
Deferred at 25-,13- 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 AT ONE O'CLOCK THIS DAY,
(From the Official List )

Business done.
Sank Stock
a per Cont. Reduced Annuities.— ..... 995/8
3 per Cent. Console Anna. looi 1
New 31,4 per Cent. Anne.... 1034 A
Long Annuities. Exp. Jan. sth, 1860.,
Ditto 30 years. Exp., Oct. 10, 6 3-16
Do. 30 Years. Expire Jan. 5,1860 6 11-16
South Sea Stock
Consols for Account
Elcch*nuer Bills. I%d. Mat June.
1,0001.

5001.
Small
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent. lOll4
Huenos Ayres Bonds 6 per Cent.
Danish 5 per Cent.
Mexican 3 per Cent
Ditto for the Account
Peruvian Bonds, 1849, 6, er Cent ..
Ditto Deferred 3 per Cent .•
llitto, Account 62 IA
Russian Bonds, 1822, 5 per Cent
Ditto 4',4 per Cent.... 10514 4i
Sardinian Bonds, 5 per Cent. .. 9B
Swedish Loan .. 34 dis.
Turkish Loan, 6 per Cent., 1852 ... 4p.
Dutch Excha., 21i/2 per Cent., 12 Guil.... 64% 1,11
Ditto 4 per Cent. Certificates

HALF-PAST TWO.

Consols ... ...
Account. Nov. 11 ...

... 100%
1009's

MR. MACAULAY IN EDINBURGH.—Mr. Afacaulay yes-
terday addressed the electors of Edinburgh for the first
time since his election in July last. He received a
warm and enthusiastic reception from a very crowded
meeting. In alluding to the changes which had taken
place in the politics! world since he was last in Parlia-
ment, he paid an eloquent and affecting tribute to the
memory of the late Duke of Wellington, Mr. C. Buller,
and Sir Robert Peel, without the last of whom, he said,
he should not know the House of Commons again. He
referred to the revolutions and counter-revolutions which
had taken place on the Continent, and attributed the
tranquillity of this country to the passing of the Reform
Bill of 1832, and the adoption of free trade in 1846. He
declared his intention to defend the latter from both
direct and indirect attacks, and to help to extend the
former in a free and liberal spirit, though he would in no
ease whatever again bo a member of any Government.
fie also dwelt with mingled humour and severity on the
inconsiit,mcy of Mr Walpol©, Sir Fitzroy Kelly, and
Lord Maidstone. The speech, which contained many
fine passages, occupied norrly an hour in the delivery.
UNCLE WALTER : A NOVEL. By Mrs. Trollops. 3
vole.— slrs. Trollopo's style—vigorous, brilliant, thought-
ful, and original—may be easily recognized in this work.
The novel is admirably constructed, and exceedingly en-
tertaining. In the dramatic arrangement of the incidents,
in the infusion of elegant humour into the dialogue, in the
formation of the characters, and in their endowment with
motives and sentiments appropriate to the purpose which
the author has had in view ; and finally, in the animat-
ing of the whole with a style varying with the colour of
the narrative, the author has displayed a degree of skill
and ingenuity which assures her more. than ever in her
position as one of the ablest fiction writers of the day.—
Morning Post.
DECREASE or EMIGRATION PROM IRELAND.--FOL
the present, at least, the exodus has received a decided
check, owing, in some degree, to the lateness of' the
season, but much more to the great diminution already
effected in the population.
i The improvement in agri-
cultural prospects, and the increased demand for labour
Caused by the comparative scarcity of hands, also have
had some effset. "'"": ,

MUNICIPAL ELECTIONS.—SCARPRO' Ist NoYembe]
1852.

NORTH WARD.

LIBERALS. ---- -
PROTECTIONISTS.
Richard Cross 269 I*E D. Nes&ld: .... . 311
John 'Jeep
John Cooke 245
S”atuel Bailey. . ..., 33') George Parrett 152
• Defeated by two votes in 1851.
SOUTH WARD.
Wm. Bottomley
Godfry Knight 225 E. H. Ilebden
Wm. Ned by
Four Protectionists and two Liberals retired
Two Protectionists and four Liberals returned.
BANBURY Nov. I.—This day has proved triumphant
for the Liberal cause in this town. After a desperate
striitzgle on the part of the Tories the Liberals suc-
cet tied in placing four of their body at the top of the
poi', as councillors for the borough.-15, U., Au Old
Subscriber.