The Sun.
London, England, 1853-01-28 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY, Two o'CLocx.
The sales of Cotton at Liverpool yesterday were
estimated at from 8,000 to 9,000 bales, of which
1,000 American and 500 Bahia were taken on specu-
lation. The market closed with animation, and
prices of all kinds were 1-16 against the buyer.
The sales comprised 6,000 American, 1,000 Bahia at
6d., 600 Egyptiai at 6d. to 9id.' 500 Surat at
31d. to 41d., and 40 Sea Island at is. Bd. to
2s. 2d. per lb. Railway Shares were dull.
This week, more has been done in the Colonial
markets, and there is an advance in some few in-
stances. Sugar has sold well, but coffee continues
rather dull. In tea there have been moderate
purchases for consumption. Of tallow the supply
is larger, and this prevents the favourable accounts
from St. Petersburgh having an influence on the
article. Cotton has been in more request. Spices
have had a fair sale. Scotch pig-iron, which had
improved early in the week, has gone back since.
The value of guano as a fertilising compound has
raised its price, in the absence of any extended
means of supply, to a point that renders compe-
tition of great importance to the farmer. It is ascer-
tained that 150,000 tons were used last year, and
probably as much more of adulterated and imita-
tive compounds professing to be guano. If to these
be added the articles sold under their proper de-
signation, as bone or lime manure, dTc., we shall
arrive at an estimate of the vast opening for any
new article of proved value. The Chemical Ma-
nure Company has been formed for the purpose of
manufacturing special manures superior, as is
stated, to any previously submitted to the notice
of the farmer, adapted to every soil, and combining
all the elements of fertility contained in farm-yard
manure, the most important being potash, phos-
phoric acid, and compounds containing nitrogen.
These and the other substances necessary for the
growth of plants will be economically concentrated
in the combinations and proportions required by
different crops, and adapted to the variations of
soils and climates. These manures will be ma-
nufactured in peculiar forms for the use of
the sugar planter, combining powerful defecating
and decolourising properties, which after being used
for these purposes in clearing the crude juice of the
cane, will, if applied annually to the cane stocks,
cause them to rattoon each succeeding year with
pristine luxuriance. The saving of labour so occa-
sioned, by preventing the necessity a recurring to
frequent planting, will be well understood by all
connectpd with the economy of cane plantations.
The Company's special Manures will be sold at 7/.
per ton, deliverable at any railway station or wharf
in London. Three cwts., or 21.5. worth, will be
sufficient to fertilise an acre, equal to the applica-
tion of 30s. worth of guano. All artificial Manures
heretofore supplied to the public have been deficient
in salts of potash, which all alkali forms the prin-
cipal mineral constituents of all crops. This defect
will be removed in the Manures manufactured by
this Company. The diiectors of the undertaking
being mostly gentlemen connected intimately with
agricultural pursuits, must be presumed to have
entire confidence in the ability of their consulting
engineer to perform what is promised, and this
done, a good return upon the capital is assured.
The Hamburgh mail of Tuesday last brinft the
rate of exchange on London, 13 if being steady.
Discounts were 2i to 3 per cent. koney was very
abundant.

We understand that very reluctantly the discount
brokers are now generally allowing 2 per cent. for
money on " call. This is not because of any real
pressure, but simply in consequence of the banks
allowing 2 up to that rate. The opinion with the
brokers still is, that when the numerous vessels on
their way from Australia begin to arrive, cash will
be comporatively abundant.
The very satisfactory report received from the
Paris Bourse has caused a much improved feeling
here, and the increasing popularity of Louis Na-
poleon's marriage is regarded as an encouraging
circumstance. Consols have been 991 for Trans-
fer, and 99g rather buyers for Account. There is
apparently a scarcity of money stock. The New
3i per Cents -have been 1031 to and the 3 per
Cents. 100 k to
Bank Stock is nominally at the high rate of 227.
East India Stock has been quoted at 270. On
Exchequer Bills the premium is 58s. to 605., and
, on India Bonds 665. to 71s. premium.
Foreign Stocks have been quiet, but rather tend
upwards. The contract of a loan for 69,000,000
reals by the. Government of Spain, on the security
' of the clergy lands, is not exactly understood
here ; but as the interest on a larger portion
of the debt is gradually coming upon the re-
venue, there may be a difficulty in meeting the
additional burden. At least, the security offered
must be good, Messrs. Baring Brothers, in con-
junction with O'Shea, and other bankers at Madrid,
being the lenders. The stock comes quoted as high
as 22 1-16 from Madrid, and has advanced here to
22i for the Deferred. The certificate is at N- to 51,
per cent., also an improvement, and it would have
been highly desirable that some recognition of them
should have been obtained ere this ne*
loan was made. Peruvian Bonds have been
at 1021 to 1031 for the Active, and at
61-i to 621 for the Deferred. Grenada Deferred
Stock has been at 11i, and Equador at 4. Sar-
dinian Bonds are 941 to 95. Dutch 21 per Cents.
have been 971 to 981.

The Gold Mine Shares are generally i lower,
including the Californian and Australian. Port
Philip and Colonial, however, have not varied.
United Mexican are better.

The Land Companies are higher. Australian
Agricultural have risen about 51., and Van Die-
men's Land V.

The Australian Bank shares are rising. Austra-
lasia have advanced 11., and Union 10s. to 15s.
Chartered are up to
Railway shares have been lower to the extent
of to 1 per cent., but they are at present quoted
rather higher. French shares are improving, espe-
cially the Lyons and Northern, and both here and
at Paris they are said to have been " over-sold."
Hence, the anxiety of the speculators to borrow
them.

BRITISH FUNDS THIS DAY.
(Prom the Official List.)
Business none.
Bank Stock
3 per Cent. Reduced Annuities 1004 1 A
3 per Cent. Consols Annuities
New 31 per Cent. Annuities 1033 15, A t
Long Annuities, Expire sth Jan., 1860 6 7-16
India Stock
India Bonds, £lOOO 66 70
Ditto, under £I.CDO 7l
Consols for Account 10th February 991 i
Exchequer Bills 13d. March. June.
£lOO0..
£5OO 5B 61
Small 5B 61
PRICE OF FOREIGN FUNDS THIS DAY.
Bralflian Bonds, 5 per Cent.
Ditto New Bonds, 1829 & 39, 5 per Cent 1023
Equador Bonds 5l
Gren.\ada Bonds, Deferred,
Mexican 3 per Cent —
Ditto for the Account 23
Peruvian 6 per Cent.
Peruvian Deferred 3 per Cent 621 13 3
Sardinian Bonds, 5 per Cent.
Ditto for the Account .
apinish Bonds, 3 per Cent
Ditto New Deferred, 3 per Cent 22i i
Spanish Committee Cert. of Coup. not fun sii p a
Dutch Exchange 23 per Cent —
Ditto 4 per Cent. Certificates......... ~ 983 713 873 83

TERRE O'CLOCK.
Consols
Ditto February Account

LONDON AND WESTMINSTER BANK.—The London and
Westminster Bank gave notice yesterday afternoon that
the rate of allowance to their customers on deposit re-
ceipts will be increased from 1 to 2 per cent., and that
the alteration is to date from Tuesday next, the Ist of
February. Out of doors there was a slight increase in
the rates asked for money, but it was still obtained
at 2i.

RATE OF DISCOUNT IN GLASGOW.—The Glasgow bank-
ing houses have followed up the measure of the Bank of
England by raising their discounts A per cent. Scotch
bills at four months and under are charged 4 per cent.,
41 per cent. being charged for longer periods. London
paper is discounted at A per cent. under these rates, viz.,
31 per cent. up to four months, and 4 per cent. for
longer dates. This increase in the rate of discounts has
not been accompanied by any corresponding increase in
the interest allowed on deposits and current accounts,
which in the meantime remains as before.—• Edinburgh
Witness.

ASTLEY'S AMPHITHEATRE.—As we predicted the
juvenile performance of last night was most successful.
The house was crowded in every part, and had there
have
fae evtni
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filled
half
Livingiats
all.ma muchroTnhosetpt
panto
sac eno
tfaogrha
mnzrtcahlnee
dfsiotugh
nhe td
greats se
performance-e r
fwa vo ou uldrs
e
in the eyes of the younger folks and were rapturously
applauded. In consequence of this great success
another juvenile performance will shortly be given,
which will be the last under the auspices of Mr. Batty,
who is about to retire into private Ffe.
LONDON SAORRO HARMONIC SOCIETY.--Handers ora-
torio, Solomon, will be performed at Exeter-hall, under
the direction of Mr. Surman, the founder of the Exeter-
hall Oratorios, by the above society, on Monday even-
ing next. This contains some of Handel's fines
choruses. Principal vocalists, Miss Birch, Mrs. Temple,
Miss C. Felton, Mr. Lockey, Mr. Lawler.
SURGICAL OPERATIONS. —A singular pamphlet, we
observe, has just been issued from the press in the
form of " A
.Letter, addressed to James Sym.e,
Professor of Clinical Surgery in Edinburgh," Bvo., pp. 32, in whick a refutation is given of certain
statements made in relation to a case of stricture
of the urethra, in which the operation of perineal
section was performed by the author, Francis
Burdett Courtnay, Member of the Royal College of
Surgeons. The letter is altogether very curious
and striking in its character.