The Sun.
London, England, 1853-01-25 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY, Two o'CLocx.

The sales of cotton at Liverpool yesterday were
estimated at 8,000 bales, of which 1,500 American

were taken for export and on speculation. The
market closed with a hardening tendency. The
sales comprised 6,500 American, 200 Pernam and
Maranham, at bid. to 6d.; 200 Bahia, at 6d. to Bd.;
400 Egyptian, at 51d. to 10d.: 500 Surat, at 3id.
to 4d.; and 20 Sea Island, at Is. Bd. to 2s. 3d.
per lb. Railway shares were flat.
The mail from Lisbon brings advices of an in-
tended perseverance in the contemplated railway
works, but upon what security is not stated. In all
probability, however, the bonds that were hypo-
thecated to the Bank of Portugal will be made
available ; and shame will attach to any English
contractor if he accepts such property, after its
being forcibly abstracted.
A statement of the finances of Greece shows that
in the year 1852, 12,000,000 drachmas were ex-
pended in the purchase of foreign grain, and that
every branch of the revenue was affected thereby.
The receipts for 1853 are estimated 'at 17,701,000,
and the expenses at 15,572,000 drachmas.
Money in the discount market is rather easier
just now, and the current rate upon best bills is
about 21. Neither' Messrs. Overend nor Messrs.
Sandeman have further increased the allowance
they make for deposits on " call." Nevertheless,
there is not supposed, upon a balance of last week's
imports and exports of bullion, to have been any
amount left here, and until some of the Australian
gold previously received comes into the Bank
coffers, there will be no increase shown. On this
ground, as well as of the dividend payments, the
item of " bullion" is expected to be smaller,again
in the weekly return that will appear in next Fri-
day evening's Gazette. The weather having taken
up, is a circumstance regarded as very satisfactory,
and gives more confidence in the mercantile world.
The English Funds have- been rather on the ad-
vance, and with more business doing, although the
Paris Bourse continues depressed. Consols have
been marked 991 to for Transfer, and 99i to for
Account. The New 3 per Cents. have been at
1031 to and the 3 per Cents. at 100 to ±. South
Sea Stock has been marked 110. Exchequer Bills
are 57s to 61s, and India Bonds 68s to 71s, pre-
mium.

The Foreign Market is dull, and prices are
weaker generally. Mexican Stock has been-quoted
22i to 23k, being a slight decline. Brazilian Five
per Cents. have been at 102 to 1021. Spanish
New Deferred Stock is quoted at 24 to 22k.
There is no confirmation of yesterday's rumour
that a coup d'etat had taken place at Madrid; but
political affairs there are considered, never-
theless, to be very unsettled. Portuguese Four
per Cents. have been firmer, at 41. Sardinian
Bonds have advanced to 93i 4. French 4i per
Cents. have been quoted 104 25, with the Ex-
change at 25 15. Dutch 4 per Cents. are 90 to
97i and Russian 41 per Cents. 103 k to
The Railway Share Market has drooped, and
there is a decline in all the principal lines. Cale-
donian have receded about 1/. ; Great Northern
10s.; Great Western 1/. ; South Western 10s., and
others in proportion. French Shares are also
receding.
The Gold Mine Shares have all been lower.
Agua Fria are down f, and the Australian Com-
panies to The Waller are dearer. The ap-
proaching settlement is believed to be the cause of
the reaction.

The Land Companies' Shares are dull as regards
the South Australian, but the Agricultural are
higher and the Van Diemen's Land lower. The
North British are also cheaper. The settling day
for the Australian will be early in February.

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

Business done.
3 per Cent. Reduced Annuities look 100 4
3 per Cent. Consols Annuities
New 3i per Cent. Annuities..... .....
Low, Annuities, Expire sth Jan., 1860 6i 7-16
Ditto 30 Years, Expire sth Jan., 1860 64
India Bonds, £lOOO 6B 71
Ditto, under .CIC:23 6B 71
South Sea Stock
Consols for Account 10th February 995 i
Exchequer Bills lid. March. June.
£lO00..
£500
Small 57 61
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent.
Mexican 3 per Cent
Portuguese 5 per Cent.
Russian Bonds, 4i per Cent
Sardinian Bonds, 5 per Cent. on
Spanish Bonds, 3 per Cent ..
Ditto New Deferred, 3 per Cent 22
Ditto for the Accoant 22 1i
French Rentes, 3 per Cent lo4f 25c Ex. 25f 15e
Dutch Exchange 2h per Cent
Ditto 4 per Cent. Certificate5.....
ITALP-PAST TWO.
~ 99 4
99

Consols
Ditto February Account

MARKET NEWS-(THIS .DAY.)

COLONIAL.
East and West India Docks was 112 hhds. There were
&MAR.—The market is steady,
taken for home consumption, 1,194 hhds 40 tierces 649
The quantity of British plantationllavinthdefdailrasstalwese
flat, and
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sd9e,r9s64rehhfradins I,ll4from
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r tehde.
iicnlethise
taken
ninogt sualepse.r
eAwtf.ew parcels of Native Ceylon have been
tiersb aCrr coeeFls
E64T.
—hl eTb
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r t
RUM.—The quantity landed last week at the East and
West India Docks was 190 puns 3 hhds. There were taken
for home consumption, 259 puns 3 hhds ; and exported 108
puns 183 hhds. The stock in the same places is 11,180
puns 808 hhds.
SPICES.—At auction 111 bags white Singapore pepper
sold at 7d per lb. for mid clingy.
SAGO.-98 boxes at auction sold at lOs 6d to 20s Gd for
good large pearl.
TALLOW.—P.Y.C. is 45s 6d per cwt on the spot, and
town 47s 3d.
TEA.—The market is steady. Congou ord to good ord
9d to 10d, and Twankay good ord to but mid 9d to 10id
per lb.

HAY MARKETS.
SMITHFIELD.—Meadow hay, 2/ 15s to 4/ 48 ; clover
ditto, 3/ 15s to 5/ Os ; and straw, 1/ 6s to 1/ 12s per load.
A moderate supply, and a steady trade.
CUMBERLAND.--Meadow hay, 2/ 16s to 4/ Os ; clover
ditto, 3/ 15s to 4/ 16s ; and straw, 1/ 6s to 1/ 13s per load.
Supply tolerably good, and trade firm.
WHITECHAPEL. —Meadow hay, 2/ 16s to 4/ 4s ; clover
ditto, 3/ 15s to 5/ Os ; and straw, 1/ 5s to 1/ 12s per load.
Trade steady, at full currencies.