The Sun.
London, England, 1853-08-04 00:00:00

MONEY MARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK, THIS DAY.

The sales of cotton at Liverpool yesterday were
estimated at 7,000 bales, of which 2,000 American
were taken for export. There was no change in
prices, but the market had a downward tendency.
The sales comprised 6,000 American, 150 Pernam
and Maranham at 6d. to 7d., 100 Egyptian at
62d. to Bd., and 600 Surat 31d. to gd. per lb.
Railway shares were dull at lower prices.
The six week's average price of wheat is 495. 4d.
per quarter. Last week's sales were 87,469 quarters.
Accounts from New York state that a loan of
$300,000 has been negotiated by the city of Rich-
mond, Virginia, at a premium of one-and-a-half to
two-and-a-half per cent. A fair business was doing
in foreign dry goods, and at profitable prices, the
autumn demand having commenced. Woollen
fabrics were in request. The following is a report
upon this subject :
" The business transacted in dry goods, during the
past week, has been tolerably large and profitable ; the
fall demand having set in, though this was not so active
as was anticipated, owing, without doubt, more to the
attractions of the Crystal Palace, and the eagerness of
country dealers to visit and inspect it before entering
into negotiations for whatever supplies they may need,
than to any discrepancy between the calculations of
manufacturers and importers and the real wants of the
republic. That there is no remarkable difference in this
respect we are generally assured subsequent experience
will demonstrate. It is now too early in the season for
a vigorous inquiry to prevail. Previous years may have
witnessed an animated traffic at this time, but such re-
sulted from the force of circumstances under which the
trade of the country laboured. Of these, the imperfect
and tardy means of transportation within the limits of
the Union were the most cogent. Formerly, merchants
from the interior could not avoid coming hither and pur-
chasing heavy stocks in advance of each successive sea-
son, because of the long time it then took to convey
goods any considerable distance inward. Hence the
spring and autumn trade usually the most animated,
opened very early and lively. Now the reverse is the
case. Great and increasing facilities of intercourse be-
tween the various markets of the country, whether these
be a distributing or consuming class, are afforded by
railways, steamboats, and canals, and thus is obviated
the once imperious necessity hich used to compel
buyers from the cities and towns of the West and South
to visit this metropolis, and secure, before hand suffi-
ciently ample supplies to last for three or four months.
Such parties are now never in a hurry to reach New
York before each season's business is fairly commenced,
and on coming here they do not buy as much at one
time as they may require during a whole spring or fall
campaign. It is to this change in the course of trade
that the prevalent comparative quiet in the branch of
commerce being noticed is ascribed."
Letters from Cuba state that the merchants
there who traffic in slaves were profiting by the
absence of the English fleet at the North American
fisheries. The stock of sugar at Havannha on the
Bth ult was 240,000 boxes, and the crop was very
promising.
At Porto Rico, the heavy rains towards the end
of June impeded the sugar cultivation. The quality
of the sugar manufactured had proved inferior.
Prices were high. Many ships had left in ballast,
and others were preparing to do the same.
The English Funds have been steady at yester-
day's decline, with very little doing. Consols have
been 974 to for transfer, and 974 to b for account.
The New 34 per Cents. have been 1004 to and
the 3 per Cents. 97k. Bank Stock is heavy at
2274. East India Stock brings 256 to 258. - Ex-
chequer Bills are at 3s. discount, and India Bonds
at 255. premium. The foreign news is still too
indefinite to induce purchases, but the fine weather
is encouraging, and the reports about the crops are
much more favourable. Consols were at one time
buyers this morning at 97g.
The Foreign Stock Market has been dull, and
with scarcely any speculation. Spanish 5 per
Cents. bring 464, and Portuguese 4 per Cents.
421 to 42k. Peruvian 44 per Cents. have receded
to 821 Y. Equador Stock is at 5. Mexican have
been flat at 25/ to 26. Russian 4/ per Cents. are
1001 to 101. Dutch 4 per Cents. have been
marked 97 to Brazilian old 5 per Cents. have
been quoted 102.
The Gold Mine Shares have been all very flat,
and sellers predominate.

The Shaies of the Joint-Stock Banks have been
lower.

The Land Companies Shares are depressed and
merely nominal.
The market for Railway Shares is heavy, but
Caledonian, Great Northern, and South Western
have been rather firmer than the other English
lines. The French Shares have been at about the
previous rates.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :

1853. 1852.
Great Western
North Western 56,882 51,824
South Western 17,764 15,486
Brighton 20,027 17,765
Midland 26,283 23,896
South Eastern 20,681 19,013

Caledonian 10,923 8.842
Great Northern 16,383 12,508
Lancashire and Yorkshire 20,305 18,497
York and North Midland, Newcastle
and Berwick, and Leeds Northern 29,084 25,695

BRITISH FUNDS THIS DAY.
( From the Oficial List.)
Business done.
Bank Stock
3 per Cent. Reduced Annuities.... ..... ...... 97h 81
3 per Cent. Consols Annuities
3 per Cent. Annuities, 1726
New 31 per Cent. Annuities lo44iißii
Loug Annuities, Expire sth Jan., 1860
Ditto 30 Years, Expire sth Jan., 1860 5B
India Stock 256 8 61
India Bonds, £l000
Ditto, under £lOOO 25
Consols for Account 11th August 97i i i I
Exchequer Bills, id.
£IOOO
£5OO 3 d
Small 1 p 3 d
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent
Chilian Bonds, 6 per Cent
Danish Bonds, 5 per Cent lO6l
Equador Bonds
Mexican 3 per Cent.
Peruvian Bonds, 41 per Cent.
Portuguese Bonds, 4 per Cent.
Ditto Ex all over-due Coupons 4Ol
Russian Bonds, 5 per Cent.
Ditto 41 per Cent.
Ditto Small
Spanish Bonds, 3 per Cent 461
Ditto New Deferred, 3 per Cent 22f
Spanish Committee Cert. of Coup. not fun 6a P 0
Tividends on the above payable in London.
Dutch Exchange, 2a per Cent.
Ditto 4 per Cent. Certificates

THREE O'CLOCK.
Consols 97/
Ditto August Account 97/ g

SHERIFFS' COURT-(THIS RM.

(Before Mr. W. Burchell.)
HALL V. HELMS.

This was an action to recover the amount of a bill of
exchange.
Defendant pleaded several special pleas, amongst
which one was that there had not bebn any consideration
the bill, and that it had been obtained by fraud.
An application was made on behalf of the defendant
for the case to be adjourned in consequence of his at-
torney being engaged in the Rolls Court.
The Under-sheriff said that he could not take the case
out of the usual court unless the plaintiff consented.
Plaintiff's counsel could not agree, and as the clerk to
defendant's attorney said he was aware of the facts of the
case, he could not proceed.
Evidence was then given proving the handwriting,
and a verdict was given for the amount claimed.