The Sun.
London, England, 1853-07-16 00:00:00

MONEY MARKET AND COMMERCIAL
INTELLIGENCE-(THIS DAY.)

CITY, TWO O'CLOCK.
The cotton market at Liverpool yesterday was
tame but quiet—sales, 8,000 bales, including 2,000
taken for export. Railway shares were firmer.
The changes that appear in the balance sheet of
the Bank of England made up for the week to the
9th instant are, for the most part, referable to the
dividends and ctther state liabilities due at the close
of the financial quarter ; but there is one item,
that of Government securities, which is not ex-
pected to show an increase at this period, and
which most likely has been augmented by the de-
Posits of Exchequer Bills as security for temporary
loans to meet the Government requirements. The
discounts were less in amount, because advances
made ere the transfer books closed had to be re-
turned. The bullion was lessened, owing to the
gums required for the various payments as well as
for shipment. Compared with the previous return,
the alterations are as follow :--
Active circulation..

£23,806,980
959,160
18,263,674
290,231
Rest
Increase 60,348
Public Deposits 3,953,330
Decrease
Other Deposits
Increase 1,003,993
Seven-day and other Bills 1,409,150
Increase
Government Securities 14,497,333
Increase 1,380,336
Other Securities 13,680,203
Decrease
Notes unemployed 8.101,820
Decrease 1,102,440
There was a decline here yesterday afternoon in
the rates for bills of exchange upoh all the principal
continental cities. Paris, 25 20 to 25 ; Amster-
dam, 11 18 to ; Hamburgh, 13 6f to / ; Frank-
fort, 11 9to ; and Trieste, 11 3to 7.
The exports of the precious metals from London
direct during the week to Thursday last were 5,500
ounces, and 5,0001. in silver, and 29,744 ounces in
gold, all of the latter going to the Continent.
There are no later arrivals this morning.
The Stock Market is dull, and prices aro weaker,
the continued heavy fall of rain exercising an un-
favourable influence, in the absence of any later
news from abroad. Consols have been 971 and 98
for transfer, and 97/ for account. The New
Three-and-a-Quarter per Cents. have been steady,
at 1008 to 101 ; and the Three per Cent. Reduced,
981 South Sea Stock has declined to 115. i.
Exchequer Bills are worse again, being 2s. dis-
count. to .ls. pm. Money seems more in demand
in the Stock Exchange.
Business in the foreign market has been con-
,ducted on 'a very limited scale, but prices have
neen well supported. Russian Bonds have been
done at 117 for the 5 per Cents., and Dutch 4 per
iCents. have improved to 96g. The New Deferred
'Vanish Stock is firmer at 224. Equador Bonds
are up to 54. Brazilian New 4i per Cents. have
been
t quoted 98k. Danish Bonds have been at 85-k
,01' the 3 per Cents.
The Railway Share-market has been extremely
Aso
and rather flatter. Foreign shares are
~.(480 neglected. Hamilton and Toronto are quoted
with Si. 10s. paid, and Luxembourg ex div.
the Gold Mine Shares have been very heavy.
"lie Land Companies Shares are about the same.
Australian Agricultural have been dealt in under
the new arrangement, reckoning 171. 10s. paid up.
The Joint Stock Banks are firm.
d. The Obernhof Mining Company
,has declared a
`.,`viclend at the rate of 20 per cent. per annum for
the first three months of its working.

Increase .

Bullion.

Decrease

MITISH FUNDS THIS DAY AT ONE O'CLOCK.
( From the Oiewial List.)

3 Per Cent. Reduced Annuities Business done.
3 98i i
New
Cent. Consols Annuities
DT.."' 34 per Cent. Annuities lOl 1001
ug Annuities, Expire sth Jan., 1860
'O4 30 Years, Expire sth Jan., 1860 5 9-16
South Sea Stock
Consols for Account 974 i
Exchequer Bills, ld.
£lOOO _ 2 d 1 p
£5OO 2 d 1p
Small 2 d 2 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 por Cent
Ditto New, 1852, 46 per Cent 9B
Danish Bonds, 1825, 3 per Cent 856
Bquador Bonds „. 5l
Russian Bonds, 5 per Cent.
Ditto 46 per Cent.
Spanish New Deferred, 3 per Cent. 22.
Spanish Committee Cert. of Coup. not fun. 51 i
Dividends on the above payable in London.
Dutch Exchange, 2i per Cent. ........
Ditto 4 per Cent. Certificates .. .
TWO O'CLOCK.
971 i

Consols ,

AUSTRALASIAN PACIFIC MAIL STEAM COM-

PANT.

- - -
ltne first half-yearly meeting of the Australasian Pacific.
1,71,411 Steam Company took place yesterday afternoon,
when the report brought forward was unanimously
80-`t9pted. The prospects of the undertaking are de-
coribed as encouraging, and the directors state that the
thillinunications they have had with parties engaged in
here selected the best route. Of the 12,000 shares
tsolled the whole have been paid upon with the excep-
tii na„ of about 300, the various calls having been punc-
V"Y liquidated. Some suggestions were offered by
oPrietors respecting general management, to which
jue directors promised to give attention. The following
tsh an abstract of the report, from which it will be seen
at the company's first vessel, the Kangaroo, is ex-
Peeted to be ready for sea in about two months :
It: The directors have called the first half-yearly general
settlemente proprietors under the provisions of the deed of
. Since the meeting in January considerable
Pro,'
of ,Tress has been made by the respective contractors. Four
vessels—namely, the Kangaroo, Emeu, Mennra, and
lernis, are approaching completion, and the Black Swan
24we1l advanced. The company's superintendent in the
(le reports that the Kangaroo will be launched on the
September` and will be ready for sea about the middle of
, From causes over which the directors had no
the vessels have not been completed so soon as
control,.l
‘..(1 he desired, but they hope that before the end of the
Year the Nvhole of the fleet will have left England, to take up
,_their station on the Pacific. The directors have at present
been unsuccessful in inducing her Majesty's Government to
subsidise the Panama route, but a deputation of Australian
Merchants has been lately informed by her Majesty's Post-
master-General that, under the circumstance of the Panama
oe being projected, no other contract for the Australian
I'oB4l service would be entered on for a fixed term. In the
Lneatitime, as is probably known, a temporary arrangement
isaB been made for the conveyance of the mail by sailing
rid the Cape of Good Hope, alternately with the
illionthly service, by way of Singapore. On the 16th of
April Mr. Alexander Currie, a director, left for Australia,
to make the preliminary arrangements at Melbourne, Syd-
wpuilrli:esme.anaged by
Syd-
ney, and New Zealand. At Panama the company's busi-
ntheasstthe Pacific Steam Navigation COM-
Pally, with whom an agreement. has been entered into for
The increasing opty with which this
thpaentalmireacltionros theimnust
undertaking is viewed by the Australian public confirms
eventually
utahneyy
become
e entertained,th
lt highwayth at tlie
from Europe and America to Ausrramlia and e Ngree; Zealand."
V

lENNA.—The mercantile advices from Vienna,
of the
the Turkish ninst. state that a general conviction
prevailedthat
question might be regarded as settled.
Many persons affected to believe that the favourable
turn which affairs were supposed to have taken was
but am
owing to England baying induced Turkey to give way;
on England
persons of better judgment the opinion was
that Russia, being now hopeless of breaking the alliance
of France and England, and having made her threatened
demonstration in the principalities, is fully as anxious as
any of the other powers to arrive at a pacific adjust-
ment, and to consent accordingly to some modification
of her pretensions.
ST. PETERSSUBGIL —From St. Petersburgh the letters
reach to the 9th inst., at which date the quotations of
the funds and the foreign exchanges werequestion without
ongtrbe
reat
altera-
tion. On the prospects of the Turkish
differences of opinion prevailed, some houses having
alvinogfnrls
k 1
confidence in the maintenance of peace. )
there was
w 4,
entertained much apprehension. -t Riga
evidently more uneasiness. The Odessa
advices are to
the 4th, and state that a very large business had again
been transacted in wheat, principally for French ac-
count, and that prices were rather higher. It appears
as at
that both at St. Petersburgh and Odessa, as well
most of the other European ports, the difficulty chiefly
felt at the present moment consists in the want of ships,
business being impeded by this cause even more than by
the condition of politics.
POSTAGE TO THE GOLD COAST.—By a treasury war-
rant, dated Whitehall, July 12, 1853, it is ordered that
Printed books, reviews, pamphlets, &c., posted in the
United Kingdom, addressed to the colony of the Gold
Coast, in Africa, or posted in the said colony, addressed
to the United Kingdom, maybe transmitted by post, sub-
ject to the following regulations, viz. :—lf not exceeding
,Ib. weight, 6d. ; not exceeding 11b., ls. ; 21b., 2s. ; not
not exceeding 31b., 3s. ; and above 31b., is. for every
fraction of an additional pound. If posted in the United
Kingdom the postage is to be prepaid by postage stamps
affixed to the said printed bookt, &c., and if posted in
the colony of the Gold Coast the postage is to be pre-
paid, either in money or by colonial postage stamp or
stamps. The warrant is to come into operation on the
14 of OckW next.
NVAGt S MOVEMENT IN LOND 3N. —The appear •
ances are not by any me-ns satisfactory ; the men in
several large firms are unfortunately much disposed to
Strike, and it is impossible to say with certainty what
will take place in a few days. This state of things, of
course, does much harm ; trade is unsettled, and loss is
caused to all parties. The masters, on the other hand,
',eena very determined against raising the wages of all
a,like, and feel assured of being able to obtain other men
,rom the country should a necessity arise. It is a great
question, if the delegates from the carpenters have the
confidence of the body. The agitation which prevails
is greatly to be deplored ; those who continue to excite
it are not the friends of the working men,--The
414ik