The Sun.
London, England, 1853-05-13 00:00:00

THE SUN, LONDON, FRIDAY 'EVENING, MAY 13, 1 853.

MONEY MARKET AND COMMERCIAL
INTELLIGENCE-(THIS DAY.)

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at 7,000 bales—of which 1,200 Ameri-
can were taken for export and on speculation.
The market was firm, but tame. The sales com-
prised 6,000 American, 300 Pernam and Maranham,
at 60. to 7id. ; 300 Egyptian, at 61d. to Is. 2d. ;
and 500 Surat, at 3d. to 4fd. per lb. Railway
Shares were dull, at rather lower prices.
In the produce markets prices have this week
been firmer, and business has been moderately good.
Sugar has been brisker, and at rather improved
rates. The export demand continues large. Coffee,
on the other hand has been dull, Plantation Ceylon
being the only quality in request. Mocha has fallen
Is. to 2s. In cotton a steady business has been
done, and holders are disposed to ask higher rates.
The indigo auctions have opened heavily, and
prices are not so good as at the last series. Tallow
has been firm. Tea is nominally higher, in conse-
quence of the advices from China.
If the scheme of the Chancellor of .the Exche-
quer for the conversion of the debt had come be-
fore the public several months back it might have
had a better reception, but at the present time the
value of money is a drawback, and the feeling that
the rate of interest will still further advance ope-
rates in part as a bar to the success of the
scheme. At any rate the offers of voluntary con-
version are, up to this date, very limited in amount.
Satisfied, however, that the terms offered by
Government are sufficiently favourable under
ordinary circumstances, we do not relinquish the
hope that they will have the effect ultimately,
whatever present difficulties may occur, of inducing
acquiescence. The period which is allowed to
carry out the conversion will naturally cause
many to hold back for awhile. Another and
almost distinct matter is the South Sea Debt.
If 'the holders of this do not voluntarily convert,
the Chancellor of the Exchequer will pay them off
at par, and then arises thequestion. Can he find
the means ? Looking at the surplus revenue, and
judging of the assistance likely to be received from
the Bank, we consider it beyond a doubt that the
Chancellor will be able to meet any demand
upon • him from that quarter. Lastly, as to
Exchequer Bills, these are exhibiting great weak-
ness, and have been as low as par, because the
proposed rate for the new bills is under what the
current value of money seems to justify. It would
be unreasonable, however, to assume that Govern-
ment must regulate its payment with reference
merely to the value of money for the day. Parties
who hold Exchequerßills take them as yielding a fair
average return, and the main thing to be considered is
whether we are to have money permanently dearer,
or even as dear as at present. We scarcely antici-
pate any decided change, and think cash will find
ready employment for some time at full rates ; con-
sequently there is some doubt about the renewal of
Exchequer Bills. Probably the Gazette of this
evening, or of Tuesday next, will contain the usual
official notice.

Advices from the Continent represent the
weather as being equally as severe there as in Eng-
land.

The English Funds are flatter, sales having been
pressed for money.. Consols have been 1001 I for
Transfer, and are now 1001 #. For Account they
are 1008 I. The New Three-and-a-Quarter per
Cents. have been 1031, and since 102/. The Three
per cent. Reduced Annuities are 991 to 100. South
Sea Old Annuities are worth 99k. Exchequer
Bills continue at par to 4s. premium, and India
Bonds are at 30s. premium.
Foreign Stocks have been dull. The Spanish
Committee's certificate is only 6±, #, and the New
Deferred Bonds have dropped to 23'4 to 24. Por-
tuguese 5 per Cents. are worth 38i to 39. Mexican
Bonds have dropped to 268 Y. Peruvian Deferred
Bonds have receded to 65 and 64. Buenos Ayres
Stock is st..iady at 714 to 72.
The Railway Share Market has been flatter, the
decline being about per cent. on the average.
French Shares are quiet. Centrals have rallied,
however, to 1 to 21- premium. Canada Trunk
Shares are to 1A premium.
,The Gold Mine Shares are heavy, scarcely any-
thing doing. United Mexican Shares have im-
proved. Metcalfe Mine are 12 to 13 premium ;
Jamaica, 41 to 5k premium ; Port Royal, 18 to 1i
premium ; and the Sue River, 1/ to # premium.
The Land Companies Shares have been dull.
Oriental and South Australia Bank Shares are
in some request, and also the Australasia.

BRITISH FUNDS THIS DAY.
(From the Official List.)
Business dons
3 per Cent. Reduced Annuities 99i- 100 99i
3 per Cent. Consols Annuities
New 3.1 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860
India Bonds, £lOOO
India Stock
Ditto, under £lOOO
South Sea Old Annuities
South Sea New Annuities
Consols for Account Ist June
Exchequer Bills 14d. June. March.
£1000....,... par 4 par 4
£5OO par 4 par 4
Small par 4 par 4
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Newßouds, 1829 & 39, 5 per Cent lO3
Ditto New, 1852, 44 per Ceut lOOl
Buenos Ayres Bonds, 6 per Cent 72 14
Grenada Bonds; Deferred
Greek Bonds, Red
Ditto, Blue
Mexican 3 per Cent.
Peruvian Bonds, 44 per Cent.
Peruvian Scrip
Portuguese Bonds, 5 per Cent.
Russian Bonds, 44 per Cent 1044
Spanish Bonds 3 per Cent 49
Spanish 3 per Cent., New Deferred 231 4
Spanish Committee Cert. of Coup. not fun 6ll I p
Dutch Exchange 4 per Cent. Certificates 064
THREE O'CLOCK.
1001
100“

Consols....
Ditto June Account

261 2
30 p
994
100
1001

THE ATTEMPT TO EXTORT MONEY
. FROM THE CHANCELLOR OF THE
EXCHEQUER. •

• MARLBOROUGH-STREET—(Tins DAY.)
William Wilson, the young man who was remanded
from Wednesday' last on the charge of attempting to ex-
tort money from the Right Hon. W. E. Gladstone, the
Chancellor of the Exchequer, was brought before Mr.
Bingham for further examination.
The court was crowded to excess, and on the bench
were the Marquis of Stafford, Mr. Scholefield, M.P.,
and other gentlemen.
Mr. Bingham, addressing the prisoner, said from
enquiries that have been made I feel it my duty to re-
mand you till Thursday next, at two o'clock.
It was reported that the prisoner had, on a previous
occasion, endeavoured to obtain money from another of
her Majesty's Ministers.
At a subsequent period of the day the Right Hon.
Mr. Gladstone entered the court, and the prisoner was
again placed at the bar, and the depositions having been
taken by Mr. Leadly, the chief clerk, the prisoner was
fully committed for trial.

PARLIAMENTARY DIVISION.

HOUSE OF COMMONS.-MAY 12.

(From the Votes and Proceedings of the House of
Commons. )
WAYS AND MEANS.—INCOME TAX. . .

Amendment proposed, to leave out the word "moiety,"
in order to insert the words " third part," instead thereof.
Question put, " That the words third part' be there in-
serted :" The committee divided—Ayes 60, Noes 120.

MINORITY—AYES, 60
Alexander, J. Granby, Marquis Palmer, Robert
Arbuthnot, Gen. Greene. J. Potter, IL '
Bailey, Crawshay Hamilton, G. A. Rolaertson, P. F.
Ball, Edward Herbert, Sir Thomas Scott, Francis
Bankes, G. Jolliffe, Sir W. 0,11. Sibthorp, colonel
Barrington, Viscount Jones, Captain Smith, Wm. M.
Bentinck, Lord H. Kelly, Sir F. Smyth, It.
Bentinck, Geo. P. Kendall, N. Spooner, R.
Booker, Thos. Wm. King, James King Tolleraache, John
Buck, Lewis W. Knox, W. S. Trollope. Sir J.
Butt, Geo. Medd Laffan, It. M. Vivian, J. Ennis
Child, Smith Liddell, H. G. Walcot, Adm.
Cl'ohnondeley , Ld. II Long, W. Wodehouse, E.
Coirolly, T. Malins, Richard Wyndham, Oen.
Davison, R. Mandeville, Viscount. Wynn, Sir W.
Disraeli, B. Manners, Lord J. Torte, Eliot I'.
Fantham, E. Basil . Michell, W.
Fellowes, Edward Moody, C. A.
Finer, Sir Edmund Newdegate, C. N.
Freshfiehl, J. W. Oakes, J. EL
Galway,lViseount Ossulston, Lord Vansittart, George II
Gaskell, J. M. Pakington, Sir John Stanhope, J. B.
MAJOItITY—NOES, 120.
Acland, Sir T. Geach, Charles O'Brien, Cornelius
Aghonhy, 11. A. Gibson, T. M. O'Connell, Maurice
Alcock,‘Thomas Gladstone, William O'Flaherty, A.
Anderson, Sir James Goodman, Sir George Oliveira, Benjamin
Atherton, Wm. Goulburn, H. Peel, F.
Baines, .M. T. Graham, Sir James Pellatt, A
Barnes, T. Greene, T. Phillimore. J.
Bell, J. Hadfield, G. Thillimore, R. J.
Berkeley, C. L. Bernie, Alexander Pilkington, James
Bethell, Richard Hardie, Archibald Price, W. P.
Biggs, William Beard, J. I. Ramsdell, Sir J.
Brotharton,
Bright, John
Joseph Neenrheeartge;
sG. idnlely. W. lstaucsuse,ilrl;
J.
C.
Brown, H. Heys', orth, L. Sawle, C. B. G.
Cardwkll. Hon. E. Hushes, W. B. Scholefield, W.
Chamb• .Trs, Thomas Hume, Joseph Seobell, Capt.
Charter is, F. 'rat, William Scully, Francis
Clieethatm, John Ingham, It. Seymour, W. 1).
Cobtiend Richard Inglis, Sir R. H. Shalt°, It. 1).
kf.'..oc,,s, Thomas S. K.catim; , Robert Shelley, Sir J. V.
Coffin, W. Keating, 11. S. Smith, John Benj.
kr.lrook, J. Keogh, William Smith, Rt. Iln. R.
lrosst,y, F. Kershaw, James Strutt, Edward
( towder, R. King,P. J. Tattered, H. W.
l). %shy, ood, Sir G. IT. Langston, J. ?I. Thompson, George
I •unittnrig, Via. Largton, H. G. Thornely, T.
sir J. , Lockhart, A. E. Vernon.}. E. H.
Dud: en, G. Loveden, P. Villiers, Rt, 1111. C.
()Ludo T:), A. Lowe, R. , Welmsley, Sir J.
,e,,,i.,, William Mackie, J. Whalley-, G. H.
''%a'art, William M'Gregor, John Whitbread, Samuel
F4,gati, %V. Marshall, William Wilcox, B.
Feilden, hi Massey, W. Williams, W.
Oergus, J t •ho Masterman, Jolw Wilson, James
Far, us, ,r... Joseph Miall, E. Winning ton, Sir T. E
witsger:ll, qtr J. Milligan, Robert Wise, A.
Fitrgerayd„ W. R. S. Mills, T. Wood, Sir C.
Fitzroy, .ten. 11. Motesworth, Sir W. Young, Sir John
Forster C. Moncrieff, J. rennxisa.
Fox , B. Moreton, Lord Hayter, Hon. W.
Fox, W..f. Murrough, J. Y. bluilfrave, Earl

TILLERI.