The Sun.
London, England, 1854-04-18 00:00:00

THE SUN, L9NDON, TUESDAY ..RVENING, AP I'L

•
lows let:, a-year I Education must dis-
claim all need of such bribes to indolence. Some-
thing wrong there must be here. Mr. FAGAN,
of course, withdrew his motion ; but we hope his
facts will not be withdrawn from public attention.
Dublin University has large national funds to
spare for some purpose. For what, remains yet
to be decided.

f
1

MONEY MA RKE

AND
COMMERCIAL INTELLIGENCE.

• CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at from 8,000 to 9,000 bales, including
1,000 Bahia taken for export, and 1,000 American
on speculation. The market closed with a harden-
ing tendency. The sales comprised 530 Pernain and
Maranham at fiid. to Bid., 1,100 Bahia at Oid.,
500 Egyptian at sid. to Bd., 500 Surat at lid.
to M., 40 Sea Island at ls. ld., and the remainder
nearly all American. Railway shares were flat.
In adverting to the Russian trade, Messrs. F. J.
Smith and Charles state :
" The advices from St. Petersburg to-day are to the
27th (3th) April. 300 casks tallow had been taken on
the spot at 120. The weather is reported mild. Since
our last reports of this day week we have had a steady
market, without any extraordinary movement. Politi-
cal events are now looked forward to with the greatest
interest and anxiety, and they are influencing, and will
continue to influence, the price of tallow."
The steamer Africa, it is announced, has arrived
from New York with 200,000 dollars in specie.
The letters are just received in town. Stocks were
active but not buoyant, and the speculators were
out of spirits, money being scarce.
The steamer Harbinger, from Australia, reached
Southampton at 9 o'clock this morning with
73,000 ounces of gold. Her dates being only of
January 22, have been anticipated.
A telegraphic despatch, dated Copenhagen,
April 14, states that there was an English war
steamer on shore off Amager.
The Stock Market is much livelier, and there
appears to be a larger number of accounts unset-
tled than was expected. One large _Bear account
has had to be arranged, and having been left until
the last moment exercised a decided influence upon
prices, and made the scarcity of stock more felt,
prices being to g per cent. higher for money than
time, notwithstanding the amounts understood
to have been recently borrowed of the Bank of
England, and exceeding, according to some yen.
sions, a million sterling. The tendency to specu-
late for a fall in prices is certainly very obvious
still, and although the money market, should
specie exports have to be kept up to the Baltic
and Black Seas, would be against higher prices,
some allowance should be made for the general re-
striction of business, and the cessation of all new
enterprises andspeculations. The funds, in such case,
offer the principal medium of investment, and as
long as the public find that the war can be con-
ducted without recourse to heavy loans—for mo-
derate borrowing they consider inevitable—they
will probably not manifest any extraordinary un-
easiness, or a disposition to part at all freely with
their securities. It is this state of feeling which
explains the readiness of some of our bankers
and capitalists to lend stock, a very profitable
operation, since the speculators lodge their
money during the period for which they
borrow Consols, and the accruing dividends belong
to the lenders. Consols have been 87iutol, and
since 871 to for Transfer. The prices for May
11 have been 87i to The Now 3 per Cents.
have been 87-g to and the 3 per Cents. 86;1 to
'. Bank Stock is dull at 214. Exchequer Bills
are at par to 4s. premium. The settlement of the
account is, upon the whole, proceeding satisfac-
torily,
Foreign Securities have been merely nominal.
There is but one bargain officially recorded, viz.,
in Spanish New Deferred at 17U.
Railway Shares have been without much move-
ment, but are at rather fuller rates, notwithstand-
ing the paucity of business. French shares have
been nominal.

There have been a few bargains in the Gold
Mines, but still at comparatively low rates.
The Joint-stock Bank aud Land Companies'
Shares are steady.

The following is a part of a report from Messrs.
Houghton and Levy, of Liverpool :
" Since our report of the Bth ult. the current market
has evinced more animation than for several months
past, but considering the period of the year, the Easter
demand has only been small. The clearanoeS for home
consumption reach 85 tons, against 35 tons during the
preceding month ; they, however, fall short of March,
1853, by nearly two-thirds the quantity. The deliveries
in-bond consist of about of 50 tons, chiefly 1851 fruit ;
in February, only 10 tons. The transactions for the
home trade have been principally in the better descrip-
tions of 1852 and 1853 fruit, prices of which have been
fully maintained ; the lower qualities still continue
almost unsaleable, although importers are anxious to
realise at prices little beyond the duty : for 1351 fruit
there is little inquiry at present rates, but holders are
not disposed to submit to any reduction, and father look
for an advance, the stock being now in a narrow com-
pass. The accounts of the appearance of the next crop
continue very disheartening, and, in addition to a recur-
rence of the blight, the unsettled state of political affairs
in the currant-growing districts will interfere consider-
ably with the trade in those parts, and it is, therefore,
quite a warrantable anticipation that fruit of keeping
character will next season be scarce, and of enhanced
value."

BRITISH FUNDS THIS DAY.—CLOSING PRICES
(From ay Official List. )
t nines! done.
Bank Stock .."..... ... ....... ......... ........... 214 13
3 per Cent. ReCluced Annuities B6i i $ :7/
3 per Cent. Consols Annuities •
87i A i 6 i 8
New 3+ per Cent. Annuities B7 i iiii
New 2i per Cent. Annuities . 73
Long Annuities, Expire sth Jan., 1860
Dittc. 30 Years, Expire 10th Oct., 18.59 4 9-16 7-16
India Bonds, £lOOO ,
Ditto, under £lOOO 3 d 2 p
Consols for Account 11th May B7i 6 i i
Exchequer Bills, 2d.

31060 . 4. 4 p par 4 p
Small par 4 p
PRICE OF FOREIGN FUNDS THIS DAY.
Nfexican 3 per Cent.
Spanish Bonds, 3 per Coat 35, I ',I GI
Spanish New Deferred, 3 per Cent. lii
Dividends on the ,s.bove payable in London.
THREE O'CLOCK.

conEols
Ditto May Acco

DEATH OF ALDERMAN HOOPER.—A vacancy has oc-
curred in Queen hi the Ward, in consequence of the decease
of James K. Hooper, Esq., the Alderman of that Ward,
who died last evening. The deceased gentleman was
elected in 1840, served the office of Sheriff in 1842, and
filled the Civic Chair in 1847.
Russia.—The advices - from Russia continue of a
very unfavourable character with regard to the position
of the mercantile claskatst. From St. Petersburg the
dates are to the Bth of At4pril, at which period the Go-
vernment paper currency still continued at about 12 per
cent, discount. From Raga the letters of the 7th an-
nounce the failure of M. Iwan Shapushnikoff, a large
tallow and oil speculator,. for about 85,0001., by which
Russian dealers alone traill suffer, no foreign houses
being interested. The w eather along the coast had been
extremely violent, and both St. Petersburg and Riga
had been visited by a tremendous snow storm, suc-
ceeded by a rapid thaw. At Riga it had been blowing
a gale for three days front the north-west, and the ves-
sels in the ice in the bay were reported to be in a very
dangerous situation. On/ty eight of fifteen vessels were
to be seen at the time: of the post leaving. It was
thought that the ice on the river would not remain above
a week longer.
BANK OF FRANCE.--According to the letters from
Paris yesterday, the -monthly return just published from
the Bank of France showing an increase of snore than
three millions sterling in the stock of bullion, coupled
with the anticipated resumption by Messrs. Leroy,
Chabrol, and Co., 'and the less unsatisfactory appearance
of the negotiations, with the German Powers, have pro-
duced a ma nifest revival of confidence.. At the same
time the rs ,te of exchange on London is rather firmer,
and there i s now scarcely any inducement to send gold
from this side. Only a small amount, therefore, was
taken fron i the Bank of England yesterday.
ROYAL NAVAL VOLUNTEERS.—We understand that
the Rev.
. Macgregor, of the West Church here, has
been requt sted by the Admiralty to draw up a statement
in Gaelic o f the nature of the Royal naval volunteer
service in Scotland. This will be printed and circulated
among the
Highland fishermen, whom it is desired to
enrol.—Sco tch, Paper.
BUSINMSI 3 01? THE PORT OF LONDON.—In the general
business of the port of London during the past week the
number of 'vessels reported inward was 148, being six
less than in the previous week. The total quantity of
grain ref torted was 30,441 quarters, including 10,624
quarters of wheat, in addition to 670 barrels and 500
sacks of flour. Of tea, there were reported 20,202
package
s ; and of sugar 30 hhds., 34,272 bags, 409 cases,
20 cask s, and 13,400 loaves. The number of ships
cleared outward was 113, being 15 less than in the pre-
vious v ieek. Of these 24 were in ballast, and 11 for the
Austra Tian colonies.
Acs )lINTS OF TILE BRITISH MUSEUM.—On Saturday
the as nual accounts of the British Museum laid before
Parlia anent were printed by order of the House of Com-
m" a . It appears that the sum required for the year ending
on 'the 31st March next year, is 55,2251. The suns
gra rated for the year ended the. 31st ult. was 55,8401.
The ye was an increase in the number of visitors to the
;•.":" ers .1 collection last year compared with the preceding.
In tk te year ended Christmas, 1852, the number was
507, 0; /3, and in the year ended Christmas last, 061,113.
The ttc
last,
,vas 54,0311, 4s. 6d., and the balance carried to
xpenditure in the financial year ended 31st March
the arrent account was 1649/. 10s. Sd.
Ti 1E CRYSTAL PALACE.—Sir Joseph Paxton, Mr.
Lain g, M.P., and Sir Cusack Roney, who arrived in
Ps son Friday, had an audience of the Emperor Na-
pole on on Saturday morning, on the subject of the open-
jpg of the Crptal Palace at Sydenhaea.

LAtEST FORE:Liti-N NEW,

THE WAR
ST. PETERSBURG.
A letter from St. Petersburg of April 2, says

" An extraordinary convocation was addressed to
all the high functionaries and members of the
diplomatic corps, to be present in the chapel of the
palace at the reading of the bulletin annoincing
the passage of the Danube. The ceremony showed
only a very moderate joy. The absence of the
Minister of Austria, convoked like the rest of his
colleagues, produced a marked sensation."