The Sun.
London, England, 1852-10-27 00:00:00

MONEY AN

CITY, Two o'Cr.oeß.
The sales of cotton at Liverpool yesterday were
estimated at 15,000 hales, of which 4,000 American
and 500 Egyptian were taken on speculation. The
market closed with an upward tendency, American
and Surat were per lb. dearer. The sales com-
prised 10,000 Atnorican, 1,000 Pei nom and Marant am
at 63d to 7+l, 1,500 Bahia at tif,id to id ; and 1,200
Egyptian at q-. 1 to Sid p:-r lb. Railway shares were
firmer.
The steamer Atlantic, from the United States,
brings 382,000 dols. An arrival of 200,000 dollars
from California had taken place at New York. Cot-
ton was firm, and foreign exchange was in demand.
At the East India House special meeting of pro-
prietors to-day, the following resolution was carried,
with one dissentient only :—" That the Court concur
in the unanimous resolution of the Court of Directors,
that, as a testimonial of gratitude with which the
East India Company must ever remember that the
glorious caner of the Duke of Wellington com-
menced in India, and that the consolidation of the
British power there was weatly promoted by his
brilliant achievements, a marble statue of that illus
trious Commander bu placed in the General Court

Resin."
Tills is a course well befitting a great body deriv-
ing its wealth from commerce, and yet indebted for
most of its grandeur to the political and military
career of its governors and commanders-in-chief.
The amount of bullion on IsJard the Lima and
Ganges 'arrived yesterday was about 208,0001.
The Turkish Loan business dots not improve upon
further acquaintance. On the part of the contractors
at Paris we have a very proper hint that it would be
unwise to send to Constantinople for the firman, as
this has never apparently been produced, because the
onus rests with the Ambassador, Prince Kallimachi,
who was alleged to have ample powers, special and
general. That the contractors did not require a
copy of the firman ere they undertook to raise
the loan, is we think, to be regretted; but we
must not judge after the fact, and it is possible no one
would have originally thought of being more cautious.
An Ambassador is a high personage supposed to pos-
sess to the fullest extent the confidence of his Govern-
ment, both as a man of, honour and ability; and to
have doubted his instructions would have been per-
haps uncomplimentary. There is a delicate mode,
however, of managing pecuniary as well as diplomatic
negociations, and with proper tact the official copy of
the firman might have been asked rather as a basis of
operations than as a necessary confirmation of the
Prince's authority. k\re:are now assured, in a letter
from Messrs. Devaux, of Paris, that the Prince had
both special and general authority, and awkward as
it may be, the ex-ambassador will be constrained, if
the loan is not ratified, to give to the world the fullest
possible explanations. Even the disclosure of State
secrets, if any such exists, would be justificatory,
under the circumstances, but that we must remember
the natural desire the Prince may have to return to
his own country, and the risk he incurs if he op-
poses too strongly the powers that be. Lord
Stratford, or, in his unlucky absence, Colonel
Rose, may properly be called upon to inter-
fere in protection of the subscribers to this loan,
because its non-ratification is apparently grounded
upon diplomatic considerations, and the loan was
brought forward by the Ambassador of Turkey. In
another sense, however, we can only act a secondary
part to the French, the contract being taken in their
metropolis. The Turkish Consul-General in London
requests a suspension of judgment in the affair until
the explanations of the Turkish Government are
given, but however desirable it my be to have
these, and however exculpatory they may prove, the
most important point cannot in the least be altered by
it, viz. the obligation of Turkey to indemnify the sub-
scribers to the lore, and punish its own officials, if
culpable, hereafter.
The English Stock market has been very quiet
t Stocks
Turkish
again, and there is no change in prices. Consols
have been 104 to for transfer, and 1004 tot. for
cceount. The New 31 per Cents. are 103* to -4.;
the premiumreis s upon
s e r
e Exchequerduii.
The Billsurk is firca
premium ; East India Stock is worth 2741.
Foreign
ishLoaant 7hBa s
,s
been done
.at 4, and is now only 9,1 to 31 premium.
The Swedsh Loan is 14 to 2 discount. Spanish
New Deferred have Leen ut 9511. Mexican Stock is
wor:l3 243- to being heavy still. Buenas Ayres are
well supported at 80. Dutch 4 per Cents. are 94
The Railway Share Market has been unsteady.
South-Western have been higher, and also Great
Nortbela, IVlidlend, and Norfolk; South-Eastern
are flatter. The failure of a jobber, a comparatively
new member, lave influenced prices. Fianch Shares,
with one or two exceptions, ere at full prices.
Gold Mee Shares are very quiet, but firm.

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

Business done.

Bank Stock ... —
3 per Cunt. Reduced /Inanities.-- ..... 99% 1,4
8 per Cent. Cant )is Ann IOOIA 14
New 314 per Cent. A1L15..............
long Annuities. Exp. Jan. sth, 1860 6l'u-16 7-16
Ditto 30 yoarr. Exp., Oct. 10, D-59 OA
Do. 30 Years, Expire Jan. 5, 1860 ......
In lia Stock 2741
i)itto imder 1,1 tot.
Consols for Account
Ex,,b,nuer Bills 11,4 d. March Jor.c.
1,0001.
51;0/.
&tarn
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds. 5 per Cant. lOOlA',
Ditto for the Account
Buenos Ayres Bonds 6 per Cent. ......
Equador Bonds
tirenada, 11,4 per Cu',: ••• ..
Ditto Deferred
Mexican 3 per Cent
Ditto for the Account
Peruvian Bonds, 1849, 6 ter Cent ......
Se7c"nian Bonds, 5 per Cent. ...„
Spanish Bonds. 3 per Cen+ . —
Ditto New Deferred, 3 per Cent.
Sw€dish Loan
Turkish Loan, 6 per Cent., 1852 .
French Rentes, 3 per Cent „,, ..
Dutch Excha., 21,;; per Cent., 12 Guil 604
Dutch 4 per Cent. Certi9cates 961%

RALF, P AST TWO.
CGas ol ••- •••
PittsAc3ou-2t. Nov. 11 ... 112111,t 1/s}l

STATE OP' TRADE.

(From the IWetnckester Guardian of this day.)
MANCHESTER, Oct. 26.—1 n this market, the impulse
given to prices by the very extensive operations
of last week has been felt today in the still upward
tendency of yarns in geLetal, tu.d of ::,any descriptions
of goods. This is especially seen in the finer yarns suit-
able for home manufacture, in cop twist and pin-cops of
the medium numbers, and in 40's reeled mule. The de..
mand for China is increasing the value of water twist;
and it may be stated generally that warps, from 24's up-
wards, and also reeled mule twist, are dearer. Goods
are at least firm at last week's advance, which was
so considerable on India goods in particular. The
makers of domstics, T cloths, rid long cloths, are
getting rid of stock hardening :in their terms, and in-
deed getting en advance with iminished trouble. The
day's transactions fall a good deal short of those of this
day week, as indeed they necessarily must, because the
engagements then entered into tie up tae heads of pro-
prietorr.
MACCLESFIELD, TUESDAY.—A fe:r business continues
to La done in silk manufactured goods, and at more
remunerating prices than have lataly tined. Stocks
on hand continue very light. Thrown Silks : The
market is sti'l influenced by foreign orders, the
export of silk this year having been larger then pre-
viotnly known. The home merket up to the present
Cm° has taken but spvingly ; but as stocks of throwns
are understood to La very low in the hands of err manu-
facturers, a resumption of purchases is shortly expected
to make preparation for the spring trade. Raw Silk :
At the publ..c sales held in London last week a fair bu-
siness was transact:d: the pees actaely obtained, for
both Bangals and Chinas, were about those ruling pre-
viously to the sale.
HUDDERSFIELD, TUESDAY. -- The market to-day
hes not been quite so good as last week, perhaps on ac-
count of the roughness end wetness of the weather; 001
there have bean inquities in the Cloth Ile'l for pilot
cloths, and heavy goods generally, for overcoat cloths
and trouseringsi. Trade in the warehouses duting the
week has been flat.
ROCHDALE, MONDLY.—We have had another good
market to-day, but the manufacturers complain at the
low prices they are obliged to take for their pieces.
There has been a fair business doing in wool, at pt ices
much the same as those of last week. Coarse or low
priced wool is scarce at present.

DAETII OF THE EDITOR OF BELL'S LlFE.—Vincent
Geo. Dowling, Eiiq , the editor of " Bell's Life in London,"
died at his residence, Kilbuld, on the instant, in the
67th year of his age.
DI F,TEOPMATAN FREE LIBRARIES.—On Monday a
preliminary meeting of gentlemen connected with the great
borough of Marylebon,, wrs held at the house of Mr. Oliveirr,
M.P., at the requisition of that gentleman, the object being
the establ!st ment of a free librr y in the borough tor the be-
nefit of the working-c! on a plan r:mil-^ to those which
have already lx en to sucessfolly open: d in Mr iche3ter
rind
Liverpcol. Several re::olutions, moved ind supported. by
Mr. A A. Goldsmid, Mr. Grace, Mr. Withers, Dlr. 11tidge-
man, Mr. G. Gyll, Mr. Evelly, Mr. George, Dlr. Dl'Gregoir,
Mr. Graham, and other gentlemen, were adopted.
it r.
Oliveira, in the course of the discussion, intimated that weis
his intention to present the library with 500 volumes. It
was also stated that a halfpenny rate on the perishes within
the borough of Merylobone would produce about 4,0004
a-year, but ttxat it co'd not be leggy 10,0,