The Sun.
London, England, 1853-08-05 00:00:00

MONEY MARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were esti-
mated at 6,000 bales, of which 1,200 American, 300
Bahia, and 500 Surat were taken for export. The market
closed heavily. The sales comprised 4,000 American,
120 Pernam and Maranham at bid. to Bd., 800 Egyp-
tian chiefly at 61d., 1,000 Surat at 3/d. to and 20
Sea Island at 2s. 3d. to 2s. 6d. per lb. Railway Shares
were dull.

Produce has this week been taken to a moderate ex-
tent in Mincing-lane, and prices up to within the last
two days were firm, since which there has been a down-
ward tendency. Importers sell less freely, and foreign
buyers do not take so much. Coffee, sugar, and tea arc
consequently at rather lower prices. Rice has been
maintained, rum has been in demand, and saltpetre
dearer. Dry goods have been less wanted, although
lower terms are not accepted. Tallow has been higher
by about 6d. per cwt., and in cotton not much has been
done. Jute has advanced in price, and in coir goods and
hemp there is more activity.
The bills which fell due yesterday (the 4th) to
such a large amount were extremely well taken up, and
money is a little easier this morning.
Silver is still in demand. Mexican dollars have been
sold at 59d., being d. advance.
The English Stock market has been heavy with less
dealing. The foreign intelligence is still unsatisfactory,
but it is from St. Petersburgh that definitive accounts
are now looked for. A statement in the second edition
of a morning contemporary about the Russian fleet in
the Baltic being called out, is merely a repetition of
what was received here a week or ten days since.
Consols have been 971 to 971 for Transfer, and
971 for account. The New Three-and-a-Quarter
per Cents. have been at 1001 to 1001, and the Three per
Cents. at 98 to tA. Bank Stock is steady at 2281. Ex-
chequer Bills have been 3s. dis. to par. East India
Stock is firm at 258.

ti
Foreign Securities have been extremely quiet, with
the exception of Russian, which are deservedly lower in
anticipation of the Treasury at St. Petersburgh becoming
drained and forced contributions being resorted to, with a
loan in perspective, even should peace be restored. No
prudens person, unless of such large resources as to ren-
der it a matter of perfect indifference, should, under
any circumstances, whether pea-e or war be the order
of the day, hold Russian Stock at the present high
prices. Russian 5 per Cents. have been at 117 to 4,
and the 44 per Cents. at 99:1 to 1004. The Spanish Com-
mittee's Certificate is at 6►~, to 61. Mexican Bonds have
251 to '26. Brazilian Small Stock is 1011. Dutch 4 per
Cents. have been quoted at 97 to 974.
The Gold Mine Shares have been flat.
The Shares of the Land,Companies are a shade firmer.
The Banks continue depressed.
The following is from the monthly report of Messrs.
Lamond and Co. :
" The Rahway Share Market has maintained a very
firm appearance. Although the amount of business
transacted has not been large, it has been sufficient to
support quotations, while the better descriptions have
showed an improving tendency. In this respect prices
have exhibited a contrast with those of English Stocks,
which have been weaker towards the close of the
month, and are still declining. There is, invari-
ably, less activity in the railway market a few
weeks prior to the half-yearly meetings, now
on the eve of commencing, and, until the results
of dividends shall have been ascertained, no essential
alteration is likely to take place. French and Belgian
shares have recovered a shade, compared with June ;
and, should peace be assured on the Continent, we may
expect an advance in the low-priced descriptions. It
has at last been arranged that the Upper Indian
Line shall amalgamate with the East Indian Rail-
way, but it has not yet been clearly defined in what
proportion their shares shall rank with the existing
stock of the latter company. The meeting of the
Brighton Company, at which a dividend of 11. 16s. per
cent. has been declared, is viewed as satisfactory
in its general features, and the reports which are
circulated with respect to other undertakings lead to the
belief that, notwithstanding increased expenditure on
account of the rise in the prices of materials and labour,
the rates of distribution proposed will meet the expecta-
tions of the great railway proprietary body. The traffic,
considering the unseasonableness of the weather, the
damage by the floods, and other countervailing causes,
is progressing remarkably well, and indicates that the
value of the principal shares will be supported at their
principal quotations, if they do not further improve.
The calls for August amount to only 253,1311., against
665,404/. in the corresponding period of last year; but
the total during the first eight months of 1853 have
reached 7,083,6521. against 5,129,4371. in the same
period of 1852."

From Liverpool we have the following report on the
fruit trade by Messrs. Houghton and Levy :
"CURRANTS.—Since our last circular, of the 6th ult.,
our market bas been comparatively quiet, arising in a
great measure from the usual contracted demand at this
season of the year, and the want of stock of those de-
scriptions on which the consumption for some time past
has run. The dealers are still bare, but reluctant to
operate at the prices demanded by the importers. A
parcel of new fruit, per British Queen, of about 1,000
packages, has in part been freely taken, at rates fully in
advance of our last quotations. The inquiry for good
old fruit still exists, but the stock is reduced to the hands
of only a few holders, who are not disposed to realise
except at considerably advanced rates. This result is
only what we anticipated some time back, and has con-
firmed our expectations that the consumption would be
obliged to fall upon new and inferior fruit. The latest
advices, dated 27th ult., ratify the telegraphic dispatch,
received on that day, that the excessive heat had entirely
destroyed all the grapes attacked by the blight, and the
result of this year's crop will be considerably worse than
that of last. Taking into consideration this prospect, the
diminished stocks in this country, and the comparative

bareness of the continent, that although the market at
present is in some measure deadened by the above named
causes, and the late arrivals of some extent, (consisting
principally of descriptions that will not keep), it is only
consistent that an opinion should prevail that sound
keeping fruit will yet experience a further enhancement
in value before the autumn is over. The arrivals consist
of 203 butts, 200 carroteels, and 1,609 casks and barrels ;
the clearances of about 230 tons ; and the exports of
60 tons.

" RAISINS,—There has been a good business doing in
all descriptions, at advanced rates. The clearances for
home consumption and export have, for the time of the
year, been unusually large, and are proceeding at the
rate of 80 tons to 90 tons per week, nearly double that
of last year. The stocks are in consequence materially
diminished, and there is every prospect of this market
being perfectly clear by the time new fruit arrives.
Black Smyrna—ln consequence of the high price of
currants this description is getting into demand, and this
article, which, at the early part of the season, was much
neglected, has all been cleared off the market at consi-
derably advanced rates, and some large parcels have
been bought on speculation, to arrive. The last advices
of Smyrna Raisins, of the 27th ultimo, speak of the crop
being but small, at least of good fruit, as it is calculated
that about one-third is affected with the blight. The
intelligence of the Spanish vines, although generally
better, is of the same tenor."

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Business done.
Bank Stock ....•• ••• ••• ...... ............... ..... 228
3 per Cent. Reduced Annuities 984 8
3 per Cent. Consols Annuities
New 3i per Cent. Annuities lOO
Long Annuities, Expire sth Jan., 1860 - 15-16
India Stock
Consols for Account 11th August 97
Exchequer Bills, ld.
£IOOO
£500
Small par 3 dld

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent
Ditto Small
MeTican 3 per Cent.
Russian Bonds, 5 per Cent.
Ditto Vi per Cent.
Ditto Small
Spanish Bonds, 3 per Cent —
Spanish Committee Cert. of Coup. not fun. 63 i p c

Dividends on the above payable in London.
Dutch Exchange, 2i per Cent. ...... 64 x d
Ditto 4 per Cent. Certificates
HALF•PAST TWO.

$
Consols 97
Ditto August Account 97i $

DEPLORABLE CATASTROPHE AT THE SEA.-SIDE.—
DEATH or Two BOYS WHILST BATHING.—The family
of Mr. Childs, of Aloorgate, the surgeon in chief to the
City police force and the London Militia, have
been plunged into a state of the most poignant
grief, by the following melancholy occurrence :—lt
appears that Mrs. Childs and family have been sojourning
at a favourite place on the Lincolnshire coast known as
Ingoldmells, and two of her sons—fine, high-spirited
girlseat
hto
bathe,
being
boys—one about ten, and the other nine years of age,
were in the habit of bathing alone in the sea. Parts of
the beach were very dangerous, there being several holes
ertimet back,w o
some
littlethe
where clay had been dug up, and which the boys had
beenw cautioned
very
ehar
the boys
ohfiuonty.es,
goingA the few
oi
nv
at ntehsse mornings
took
same
short distance from them. The governess then returned
with the girls to the hotel near, where the family were
residing, thinking that the boys would follow. She had
scarcely reached Mrs. Childs' bedroom, when the alarm
was raised that the lads were drowning. They imme-
diately ran on the beach, Mrs. Childs being only attired
in her night dress, and rushed into the water up to their
waists, with a view of rescuing the poor little fellows,
and doubtless would have perished themselves, had not
some of the persons near pulled them back. By this period
one of the boys, John, had disappeared, but the other,
Julian, never sunk. His body was got out in a few mi-
nutes, but all chance of restoring life was destroyed by
the people around carrying it with the head downwards.
The other body was not got out until the receding of the
tide, when it was found in one of the clay pits. The
depth of water where they perished was about 12 feet.
It is thought that they were in the act of going ashore,
when the strong set of the tide carried them off their
feet, and bore them into deep water. The younger
could swim a little, but the elder not at all. Some la-
bourers, who were working on the sea banks, heard the
boys call out for help, and they tried to save them, but
not being able to swim, failedg. The coroner's jury re-
turned a verdict of " Accidenril De;,th" in each case.