The Sun.
London, England, 1852-10-29 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY, Two o'CLocK

The sales of cotton at Liverpool yesterday
amounted to 20.000 bales, and the market still tends
upwards. American kinds were* to 4; Egyptian, 1;
Surat, higher than on Friday last ' • Brazilian was
without change. Speculators took 35,000 bales
American, 2,000 Egyptian, and 400 Surat. The
sales included 14,000 American, 1,000, Bahia at bid
to 104 d. Railway Shares were active, and a consi-
derable advance was established in prices.
In the produce markets this week, there has been a
good business done. Sugar has been steady, and
coffee which was drooping has rallied and advanced
rather decidedly. The importers expect a further
rise of some extent. Spices are rather dearer. A
good business has been done in tea; and tallow con-
tinues very firm, as the shipments from Russia are
retarded. In cotton there have been large purchases.
Saltpetre is at full rates, and cochineal steady though
quiet. Jute has been dull. The accounts from Cal-
cutta are of a nature to support prices, the exports of
produce being small. The report upon the indigo
crop was the same as previously.
The amount of business done in the scrip of the
Turkish loan has made the settlement to-day a very
heavy one. and there is considerable loss end gain on
either side according as parties have speculated.
During the excitement some curious circumstances
have occurred, In one instance, a telegraph dispatch
was forwarded to Paris, directing the purchase of
5,000 Turkish. By mistake this was construed
into 50,000, and a loss stared the party in
the face of at least some two or three thou-
sand pounds. The rally yesterday allowed of a
retreat without loss, and the party has reason to
congratulate himself on his lucky escape. Of course,
it is only for mere jobbers that the Turkish Govern-
ment can provide indemnity or compensation, but
those who bought from first hands have a legitimate
claim. According to statements made, a premium of
71.103. is to be allowed, but other versions make
it 51. We think the latter would be a more
likely sum, taking the average premium that
has been realized from the commencement—viz.,
3to about 10. The contractors, of course, will
be entitled to their commission, and there will be, in
any case, a great loss to the Ottoman Porte. Every
one sees now that political feeling is at the bottom of
all this, and the designs of Russia are more clearly
laid bare since the loan was announced than for a
long time past. Impoverished as the credit of Turkey
appears to be, its pretended friend and ally —the
Emperor Nicholas—will have had the credit of
mulcting it, most unnecessarily, of a large amount.
The English Stocks are more dealt in for money,
but there is no speculation going on. Consols have
been 100 k to 3 for transfer and not a bargain, it is offi-
cially noted as having been done for time. The New
31 per Cents. have been quoted 103-i- to 1, and the 3
•
per
cent. Reduced Annuities, 99g- to Bank Stock
is up to 223 k, and 224 i. East India Stock is
worth 275. The premium on Exchequer Bills is 76s
to 78s, on East India Bonds, 84s to 87s.
The Foreign Stocks have been neglected, and the
settlement of the account engages attention. The
scrip of the Turkish loan has bean 44 to s'j premium.
The Swedish is k discount to par. Peruvian De-
ferred Bonds are steady at 62 to Equador Stock
is at 5. Spanish 5 per cents, bring 514, and the De-
ferred 25. The Passive have been at 61. Dutch 21
per Cents. are 641
For Railway Shares there is a very buoyant
market again with a further rise of to 1 per cent.
in the cld lines. Large dealings have been entered
into in Caledonian, Chester and Holyhead, Eastern
Counties, North and South-Western, and South-
Eastern. French Shares are mostly at full rates, and
Belgian also are good.
The Mining Shares are supported. Anglo-Cali-
fornian has been at bto y. The English Australian
Copper Company have favourable advices from Ade-
laide under date of July 8.

BRITISH FUNDS THIS DAY.
(From the Official List.)
Business done.
Bank Stock
8 per Cent. Reduced ..... 993(1 s/8 14
3 per Cent Consols Annr. lool} a A
New 34 per Cent. Anti 5.......
New 5 per Cent. Annuities
ong Annuitam, Exp. J an. sth. 1860 6 7-16 1/2
Do. 30 Years, Expire Jan. 5,1860 ... 6 11-16
India Stock 273
Do. Bonds, 10001 B7
Ditto under 1,000/. ...... 87 4
Exchoquer Bills. 1 Wid. March
1,0001.

June.
74 8

5001.
Small
PRICE OF FOREIGN FUNDS.
Equador Bonds
txrenada, 11. E per Cent.
Ditto Deferred
Peruvian Bonds, 1849, 6 ier Cent ......
Ditto Deferred 3 per Cent .. 62 lA
Portuguese 4 per Cent
Ditto fer the Account, Nov. 16 38%
Sp 'wish Bonds, 3 per Cent.
Ditto for the Account
Ditto New Deferred, 3 per Cent —
Ditto for the Account - 25
Ditto Pa?sive (Converted)
Swedish Loan
Turkish Loan, 6 per Cent., 1852 4i hi 4i 5
French Rentes, 3 per Cent.
Dutch Excha., 2% per Cent., 12 Guil.... C4l i S. i