The Sun.
London, England, 1853-05-24 00:00:00

_ . • - -
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 1,000 American
were taken for export and on speculation. The
:market closed tamely but firmly. The sales cora-
Prised 5,000 American, 200 Pernam and Maran-
!-,1,4111) at 61d. to 71d., 700 La Guayra, at 5d., 400
-,gYPtian, 60. to 11d., 200 Bahia, at'6id. to 60.,
2°oo Surat, at 34d. to and 30 Sea Island, at
s' t° 4d. per lb. Railway Shares were flat, at
ower prices.
The following statement upon the cotton market
t•S
SllPPlied by Messrs. Browne, Hunter, and Co.,
of Liverpool :
month sate The accounts from America throughout the past
ate that the receipts of Cotton into the shipping
ports were rapidly diminishing, and relatively higher
Prices ruling, whilst the estimates of the Crop were be-
til.go_ reduced, which has given increased confidence to
;skiers. The excessive stock of all description which
Irivr accumulated here, and at the beginning of the
_n
° Oa exceeded that of the previous year by upwards
aenf 150,000 bales, caused the trade to purchase sparingly,
only for immediate wants, in the expectation that
:(11 would eventually depress prices ; but it is scarcely
probable that any material declince can take place for
asesent, beyond occasionally slight fluctuations, for
for the season advances, and so much Cotton having come
forward at BO early, a period, it is reasonable to suppose
dour imports will greatly diminish, and,should consumption
uen at its present rate the stock must be considerably re-
St before the end of the year. Already the total
lock has been reduced from the above to an excess of
4 '750 bales ; but it must be borne in mind, that of
i_ln,eriean alone the stock is now on about a par with
,7_3L year, whilst the excess in shipments to Great Britain
'4B
greaten reduced to 90,000 bales ; therefore, with a
d consumption in the United States and
insetcontinent of Europe, it appears evident we
not receive a larger supply than usual to
itet the requirements of the trade. Under
tatgse circumstances our market has been du-
ra hardening in price, and we advance our quo-
bp„'e,l,B middling' and the better class Id. to 3-16 d.
)., whilst the lower qualities, which are very dull
scarcely saleable, remain unchanged.,
" Business in Manchester continues good, and prices
the re well maintained, but the dull accounts received from
_l.°, Brazils, and the deranged state of affairs in China,
will militate greatly against any decided improvement in
Prices:,
Upon the state of the silk market, Mr. H. W.
-'114%11 reports as follows :
th" Since the 2d instant, the silk market, with perhaps
e exception of Bengals and Italians, has continued ex-
.reinely animated The increased rmness thn reportd
'4 china silk has . been more than fi
confirmede by advicees
4lbsequently received from Shanghai, up to the 3d
~areh, reporting the entire suspension of trade in
Sequence of of the insurrection. The effect there has been
arge business in this silk, at least 4,000 bales having
;uallged hands establishing an advance of 6d. to is. per lb.
e
Italians there has been a little more doing, at rather
fatale/. prices. In the Bengal market there is no new
Brutia silk has been, in some degree, benefitted
the activity in Chinas, about 60 bales f Mestoup
„nug been sold at about 3d. per lb. improvement on
Fievkiim rs say 15s. 3d. and 15s. 6d. In Persian
silk there wawa good deal doing early in the month ; ira-
te", as might be expected from the large arrivals,
Cieg lowered their pretensions. Within the last week,
ti waver, better prices have been obtained from a por-
n•
of what remained unsold."
°J!. Of the general produce markets, Messrs. H. W.
eWesbury and Co., report as follows :
e,The markets for Foreign and Colonial produce have
ailldaued quiet during the past month, sugar being
Ceost the only article on which anything like activity
Peevailed. Importers have endeavoured to strengthen
e markets by holding those articles which have a
:,W,cward tendency ; the public sales have been limited
r,l'a the exception of sugar and indigo, but privately a
r°4 business has been done for home consumption and
srexport. The deliveries for home use continue upon
o e "'me satisfactory and iLereased scale as noticed for
;me time past, and the importations have been suffi-
'ett to maintain the previous potion of demandstocks, which
d6„r :most articles are large. The for dyes and
s„l`ng materials has been rather limited, and prices for
-e'e,ral. of the leading articles are easier. Indigo, cochi-
th,,,a_, and safflower are all cheaper since our last, and
i„;:ate,dye offered at public sale has been chiefly bought
ti„ about previous rates. The advices from the.Con-
eatal produce markets report that business continued
fu.4,„etive, but that prices generally were supported with
-guess:, A
14;111, settling day for Berlin Waterworks is now
1.,e,1Y to be soon appointed, as the scrip will be
• On the 28th inst. .
"e English Funds are fluctuating, but there is
ierY little doing. Consols have realised loci
fbr Transfer, and 100 a 1 for Account. The
3t. per Cents. have been 102 i)
fr,,• -
the 3 per Cents. 99i- to par. The news
atil4 Constantinople is now anxiously watched,
a 04'4 until there is more certainty with respect to
roicable arrangement, parties will not be likely
Le speculate freely for a rise. Bank Stock has
use at 230, and India Stock at 264, being in each
pa slight advance. Exchequer Bills cannot be
ap 15 apparently, the market prices being only
Ne• ` • ° 3 discount. South Sea New Annuities have
'
n
,-4) being 1001 tol. The "Conversion" yester-
th., did not proceed more briskly, and this being
e Queen's Birthday, and a partial holiday, there I,
eot likely to be any large number of " assents"
to. likely
ijile Foreign Securities have been very quiet,d
110-; in Spanish not a bargain is officially no4tei
aoellguese Four per Cents. have been quoted 0 ,
Ivr exclusive of all the overdue coupons, 36 .
."1-0)6.
100 Call Bonds have realised 261, and Brazilian 1
Sari. to The Red Greek Bonds are at 10. 1
ednian Bonds are worth 99. Dutch 21 per
eut
1,,5. have been at 651 to 66.
u„e Railway Share market has been rather live-
tili;Cll the Stock markets are, but buyers have a 1
Shah' advantage compared with yesterday. French '
2 toes have been weaker. Central of France are
a 1 Premium.
taoat Stock Bank Shares have been firm. The
ieil (p
Tecnnpanies' Shares are, dull,l but_ Van Die-
"-And are better.
Ti,stal Palace Shares are higher.
to le Metcalfe Mines Shares have dropped to 81
Ja~Prernium. Sue River are 1 to 1 premium,
Qoa'ilea 41 to 5, and Port Royal 1 to 11 prem.
-La Mines are firm.
leWVailway meetings announced are the fol-

ellarl ""ANY. DATE. PLACE, &C.
Itilk eral and Erquelines May 31, Charleroi.
at:inaV and Gt. Southern
lill ' Western Ireland May 30, .
London Tavern.
I.l4,4tideY Junction May 31, Dublin.
1Y.14,1e7 Railwa and Dock June 6, London Tavern.
'Nkil,'' lleineld Yand Lincoln June 8, Manchester.
kt-tol:rtiaitittdo . Liege June 7, London Tavern.
June 16, Brussels.
Ilillthli''nrksi.iiie. ''''''''''''''
June 15, London Tavern.
\V4
-o
tt" %veil May 23, London Tavern.
rcl and Kilkenny May 31, London Tavern.