The Sun.
London, England, 1853-04-22 00:00:00

MONEY MARKET AND COMMERCIAL
INTELLIGENCE-(THIS DAY.)

CITY, TWO 0 CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at from 5,000 to 6,000 bales, of which
500 American were taken for export. The mar-
ket closed heavily, and, as compared with Friday's
rates, American were id. per lb. lower. The sales
include 340 Pernam and Maranham, 6p. to 71a.;
120 Bahia, 6d. to 6id. ; 700 Egyptian, G 1 d. to
ls. 3441.; 800 Surat, 3P. to 4 d. ; 80 Sea Island,
at ls. 9d. to 2s. 6d. ; and the remainder nearly all
American. Railway shares were rather firmer.
In the Produce Markets this week prices have
been somewhat irregular, and those which are
affected by the Budget have been sparingly dealt
in. Tallow advanced, and also palm oil, and tea
has been up about Ad. per lb., but in neither of
these instances have the dealings been large. Sugar
has gone back 6d, per cwt., and coffee as much as
to 2s. Spices have been all in request, and
rather dearer. Cotton is supported. In jute more
has been done. Rum has been dull.
The wonderful progress now being made to cast
a net-work of railways overy every part of British
America, has induced us to clip the • following list
from the propositions now before the public, for
the construction of railways in Canada. Numbers
2,4, 11, 13, 18, 19, are under contract. Charters
have been granted for nos. 3,17, and 28. Anclacts of
incorporation are now before Parliament for num-
bers 1,5, 6,7, 8, 12, 14, 20, 23, and 26. These
roads do not include the northern line, from To-
ronto to Lake Huron, via Barrie, now more than
half finished, nor the line from Toronto to Guelph,
also in rapid progress to completion. The line
from this city to Owen Sound will also be imme-
diately taken up. The progress of Upper Canada
in railway enterprise is almost without precedent,
and will, in a few years, render the country one of
the finest and most productive in the world :-
1-2. Across the St. Lawrence, at Cape Rouge, and
at Montreal.

3. Port Hope to Peterborough.
4. Pobourg to Peterborough.
5. Quebec to Montreal, vid North Shore.
6. Megantic Junction (and Canal).
7. Quebec, yid Montreal, Bytown, and Peterborough
to Georgian Bay, Lake Huron.
8. Lake Huron to Vandreuil.
9. Quebec, yid Perth, Hawkesbury, and Peter-
borough to Lake Huron.
10. Brantford to Amherstburg, vid St. Thomas.
11. Quebec to Trois Pistoles.
12. Brockville to the Ottawa.
13. Grand Trunk, or Montreal to Toronto, via King-
ston.

14. Montreal, Bytown, and Ottawa.
15. Barrie to Lake Huron.
16. Goderich to Port Sarnia.
17. Toronto to Hamilton.
18. Guelph to Goderich.
19. Brantford to Goderich.
20. London to Port Sarnia.
21. Guelph to Owen's Sound, to Sangreen.
22. Toronto to ditto.
23. Niagara to Fort Erie.
24. Port Dalhousie to Fort Erie.
25. Galt to Paris.
26. Galt to Guelph.
27. Toronto rid Peterborough and Belleville to King•
ston.

28. Hamilton to Niagara Falls.
29. Hamilton to Port Dover.

3G. Whitby to Sturgeon Bay.
The steamer, Great Western, with the West
India mails, is telegraphed as having arrived, but
no particulars are yet known as to what specie is
on board.
The suggestions respecting Receipt Stamps, made
a feu- days since raider this head, are being taken
up in various quarters, and the letters to our con-
temporary the Times are a fair test of public opinion.
It is admitted that a removable stamp or Queen's
head is objectionable, because it may, by accident
or design, be taken off, but besides this view which
concerns the trader, an important consideration for
the Government is the loss of revenue, owing to
the ability of any one holding a receipt to
affix a stamp at a subsequent period, how-
ever remote, and therefore having really no in-
ducement to ask for one at the time of payment.
stamped paper would check _this, and answer all
policy
and o
isf
in astampingvou checks, hwe
tkhs ,however,ost
per-
sons, because there would be then no want of

stamped receipts, except where a banker was not
kept, and it is important to have the account itself
receipted, insteadof a separate stamped paper being
attached to it. As to the Income Tax, its per-
petuation for seven years is regarded as most un-
called for. At the utmost, a period of 2 or 3
years is sufficient for any legislature' in these
eventful days to bind its constituents for, and
the perpetuation of the impost beyond that time,
only renders more doubtful the alteration so ar-
dently desired, viz., the substitution of a pro-
perty tax. Finally, with respect to the tax
upon newspaper supplements, the. Chancellor of
the Exchequer is _ considered to be literally

throwing away a large amount of revenue,

most inexpensive in collection, for the sole benefit
of the Times. No other journal in London will
derive the slightest benefit, and rather thereverse,
since the monopoly of the journal in question will
be perpetuated, and the advertising community
deprived of the fair boon intended for them by the
vote of Parliament, which was to remove the whole
duty. Every one in the city sees through this
palpable concession to a single journal, and
is incredulous it the apathy of the other papers
where their interest is so much concerned
Mr. Bright's motion, showing how many papers
pay for supplements, will yet enlighten the public,
and probably cause justice to be done.
The funds are more active, the transactions being
principally for money. Consols have brought 1008
to I, and are now 100 i to - for transfer. The
account prices are 1001 The telegraphic re-
ports from Constantinople of the Russian Minister
being disposed to quit, is not credited. The New
The New Three-and-a-Quarter per Cents. have
realised 103 k to and the Three per Cents. 998.
to Bank Stock has risen to 2271. East India
Stock is at 2602, Exchequer Bills of June are 4s.
to Bs., and India Bonds 40s. premium.
The Foreign Securities have been firm generally,
thouguh dull. Peruvian Four-and-a-Half per
Cents. have advanced to 89, and the Deferred to
67i. The Spanish Certificates bring 61 per cent.
Mexican are heavy at 21 Buneos Ayres Bonds
are up to 66. Brazilian Four-and-a-Half per
Cents. are worth 1001. Sardinian Five per Cents.
are dull at 971. Dutch Two-and-a-half per Cents.
are firm at 66 to 2.
Railway Shares have been without improvement
generally, but Great Northern are higher. The
French lines are steady.
The Joint Stock Bank Shares are quiet.
The Land Companies' Shares are heavy, and
South Australian have further declined.
The Californian Gold Mine Shares are in some
request.
Nova Scotia Mine are worse, owing to the re-
port that iron only exists on the company's estate.

BRITISH FUNDS AT ONE O'CLOCK THIS DAY.
(From, the Official List.) _ _ _ •

Business done.

I
I •

Bank Stock
:3 per Cent. Reduced Annuities
3 per CeL,L Cousols,Annuities •
Now 34 per Cent. Annuities
Long Annuities, Expire sth Jan., 1360
Ditto 30 Years, Expire 10th Oct., 1859 .
Ditto 30 Years, Expire sth Jan., 1860.
India Stock
India Bonds, £lOOO
Ditto, under £lOOO
South Sea Old Annuities .
Consols for Account
Exchequer Bills 1 ad.
£1000....
£5OO
Small
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Austrian Bonds, 5 per Cent.
Branlian Bonds, 5 per Cent.
Ditto New, 1852, 4i per Cent lOO 4
Buenos Ayres Bonds, 6 per Cent
661
66
Mexican 3 per Cent.
Ditto for the Account
Peru-cian Bonds, 4i per Cent. B9 84.
Peruvian Deferred 3 per Cent.
67h A
Portuguese Bonds, 4 per Cent.
Slrdinian Bonds, 5 per Cent. 974
Spanish Bonds 3 per Cent 47i 8
Ditto New Deferred, 3 per Ceut 231
A
Spanish Committee Cert. of Coup. not fun. 6i p
Swedish Loan ......... ...... dis
Dividends on the above payable in London.
Dutch Exchange, 2 per
Cent. 12 Gu11.
Ditto 4 per Cent-Certificates... ...... 974
HALF-PAST TWO.
100 A 5
100 q fl

226 A
991,
IC)A
103 A
6
5 13-16 i
6 3-16
260;
40
40

1001 i
June.
84

March.

Consols...
Ditto May Account

LLOYDS' siriPPiivo—(THis DAY.)

LONDON, April 22.—Wind this clay at Noon, S.S.E.;
light breeze, dull and cloudy., with rain.
LIVERPOOL, April 21.—Wind, S.E. Arrived.—Aran-
thus, Demerara.; Emerald, New Orleans ; Intrinsic, Sa-
vannah ; Victoria, Halifax. Sailed—Beraza, Pernam-
buco ; Manchester, Melbourne ; Lord George Bentinck,
ditto ; Corditia, Madras ; Petrel, Africa ; Lady Ann,
ditto ; Ceylon, Fernando Po ; Eliza, Port an Prince ;
Emma Field, New York ; Connecticut, ditto ; Champion,
Boston ; OnWard, Halifax ; Standard, St. Stephen's, New
Brunswick ; Celeste, Richibucto ; Jupiter, Miramichi
Wakefield, Quebec ; Jane Glasson, ditto ; Sultan, ditto ;
Mourns, ditto ; Alberta, ditto ; York, ditto ; Agamemnon,
ditto.
DUBLIN, April 21.—The Esther and Sophia, Liverpool
to St. Thomas, is sunk on the Kish Bank; master drowned,
crew saved.
MARSTRAND, April 14.—The Test, Newcastle, was
stranded o.T Kyrkesum on the 12th inst. The Golden
Grove, Newcastle, leaky, having struck on the Paternoster
Ridges.