The Sun.
London, England, 1852-11-16 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY, Two O'CLOCK.
The sales of cotton at Liverpool, yesterday, were
estimated at from 4,000 to 5,000 bales, of which
1,000 American were taken on speculation. The
market was steady, but dull at previous rates. The
sales comprised 80 Pernam and Maranham at 6id.
to 70. ; 10 Bahia, at 6id. ; 100 Egytian, at lid. ;
400 Surat, at 3td. to 4i-d. ; and the remainder
American. Railway Shares were dull, and prices
had a downward tendency.
The manufacturing house of Hermann Munder,
at Bremen, has suspended payment, with liabilities,
to to the amount of about 100,000 dols., and assets
calculated at 70,000 dols. The merchants of Ham-
burgh, Bremen, and Elberfeld aro the principal
sufferers.
The modifications in the new Austrian tariff
come into operation in January next ; and at that
date will expire the regulation imposing 10 per
cent. additional, during the first year of the tariff
on tissues, millinery, and clothing, modes, wrought
metals, jewellery, and mixed fabrics. The new
duty on cotton wool will come into operation at
the same time.
The following is the answer of Messrs. Devaux
to the committee of Turkish bondholders

"London, 62, King William-street,
Nov. 13, 1852.

"H. Guedalla, Esq.
"Sir,—We have received yesterday evening your letter
dated Brighton, the 12th inst., enclosing copy of a reso-
lution passed at a meeting purporting to be one of the
Turkish Bondholders, on the 11th inst. We have in re-
ply to state, that we are not yet prepared to offer the
required explanation as regards the conduct of the Otto-
man Government, but we are daily expecting a commu-
nication from Paris on that subject, on the receipt of
which we propose to call a meeting of those interested
in the Turkish Loan. As regards ourselves, we have
no hesitation in stating to any one interested, and as
such state it to you that the Agency for the portion of
the loan appropriated to England, was introduced to
us by Mr. E. Simons and Messrs. E. Blount
and Co., Bankers, of Paris. The contracting
price was the same as that at which the
loan was issued to the public. The whole of the amount
placed at our disposal was issued to the public, except
60,0001., which we retained for ourselves. We do not
feel called upon to state how we have thought proper to
deal with this amount, although we have no reason for
withholding the information, except that we do not con-
sider that it is an application which ought to be made to
us.—We are, Sir, your obedient servants,
" C. DEVAUX and C 0.,"
The English funds have been flatter, and the
causes assigned are political. According to the
City quid nunc, the Cabinet will be outvoted on
the motion of Mr. Villiers, and the session will
then be prorogued, Lord Derby, in the interim
seeking to form a coalition Ministry, and meeting
Parliament again in February. Supposing this
view to be correct, the delay that must arise will
necessarily lead to uncertainty and to depression
in public securities. Consols have been 100 k to
for transfer, and loog to , for account. The new
3 per cents have been 102 to 103. Bank Stock
is heavy at 222.
The National Debt Commissioners have pur-
chased 50,0001., supposed to be partly for the Sav-
ings' Banks.
The foreign securities have been duller generally.
Peruvian Deferred have been at 62k to I. Mexican
Stock is 25# to ft. Spanish Deferred have been at
24k to 25k. The Turkish scrip is at 22 to 3 pre-
mium. The Swedish loan is at 1 discount. Buenos
Ayres bonds are worth 74. Brazilian stock has
been at 1001.

In railway shares there is very little doing, and
prices in some instances are firmer for the English
lines. The foreign shares have been at fuller rates.
Mines are steady.

BRITISH FUNDS THIS DAY.

(From the Official List.)

Business done.
Bank Stock 222 1
3 per Cent. Reduced Annuities. ......... 99 A
3 per Cent. ConsoLs Annuities-- ...... 100
New 31 per Cent. Annuities lO2 32i
Long Annuities, Expire sth Jan., 1860..... 6 7-16
Ditto 30 Years, Expire 12th Oct., 1859 .... 6 3-16
India Bonds, under £lOOO Bl 4

South Sea Old Annuities 9B/
Consols for Account.
Exchequer Bills lid. March.
£lOOO..
£5OO 7O 3
Small •

Juno.
70 3

PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds lO9l

Buenos Ayres 6 per Cent 743i
Ditto Account 76 5 i
Danish Bonds, 1825, 3 per Cent B4i
Grenada Bonds, 13 per Cent —
Ditto Deferred lO
Mexican 3 per Cent 25 3
Peruvian 3 per Cent., Deferred —
Ditto for the Account 623 i
Russian Bonds, 1822, 5 per Cent
Ditto 43 per Cent lO5 43
Sardinian Bonds, 5 per Cent .
Spanish Bonds, 3 per Cent ... .. ... . ...
Ditto'' New Deferred, 3 per Cent 25
Swedish Loan . li dis
Turkish Loan, 6 per Cent., 1852 2l p.
Venezuela Bonds 33 per Cont. 4O
French Rentes, 43 per Cent 105 f 25c Ex.2sf 25c
' Ditto, 3 per cent • 84f. Ex.2sf 25e
Dutch Exchange 2i per Cent 65 8
Ditto 4 per Cent, Certificates 97i

THREE O'CLOCK.

Consols
Ditto Account, Dec. 9

3.10001

TEE DUKE OF WELLINGTON'S FUNERAL

TO THE EDITOR OF THE SUN.
(Copy.) 4

As to tolling the Church-bells in the cities of London
and Westminster--the following letter has been ad-
dressed by the Bishop of London to the Archdeacon of
London :

" Fulham, Nov. 15, 1852.
"My dear Archdeacon,—l have to request that you
will intimate to the clergy and churchwardens of the
parishes in your archdeaconry, my
.wish that they should
cause the bells of their respective churches to be tolled
on the day appointed for the public fimeral of the late
illustrious and lamented Duke of Wellington, from three
to four o'clock, about which time it is expected that his
mortal remains will be consigned to their last resting
place,
" The most effectual mode of notifying my wish will
probably be to publish this letter in some of the public
journals.
" I will thank you to communicate with the Arch-
deacon of Middlesex on this subject.
" I am, my dear Archdeacon,
" Yours very truly,
(Signed) "C. J. LONDON.
" To the Venerable Archdeacon of London."

ESTABLISHMENT OF MAIL PACKETS TO THE WEST
COAST of AFRICA.—The following notice has just been
issued by command of the Postmaster-General. Her
Majesty's government have entered into a contract for
the conveyance of mails to the west coast of Africa
by steam vessels, to be despatched from Ply-
mouth on the 24th of every month, calling at
Madeira, Teneriffe, Goree, Bathurst, Sierra Leone,
Liberia, Cape Coast Castle, Lagos, Accra, Wy-
dah, Badagry, Bonny, Old Calabar, Cameroons,
and proceeding to Fernando Po. The mails for these
London Sunday,
oann and
thein
evening
incga case
the
ee
places will be made up in London on the evening of the
23rd of each menth, and at Plymouth on the morning of
the 24th of each month, except when the 23rd falls on a
the following morning. All letters and newspapers for
24th,111ai
be
the west coast of Africa will hereafter be forwarded by
lsandwiallt
Plymouthoinn
these packets, unless specially addressed to be otherwise,
sent ; -bnt-retteitisfor Madeira and Teneriffe will be des
patched by these packets, or by the Brazil contract
packets, leaving Southampton on the 9th of each month,
according as tIlPy may be posted in time for either
line of packets.