The Sun.
London, England, 1853-06-02 00:00:00

MONEY MARKET AND COMMERCIAL
INTELLIGENCE-(THIS DAY.)

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 8,000 bales, of which 1,700 American
were taken for export and on speculation. The
market continued tame, but closed steadily.
13weds, at 6d. to 6gd., were in request, and the
Saies were large. The sales comprised 6,500
American, 280 Perham and Maranbam at 60. to
7id., 200 Bahia at 6gd. to 6id., 500 Egyptian at
6d. to 9d., 300 Surat at 4d. to 4gd., and 70 Sea
Island at Is. 9d. to 2s. 7d. per lb. Railway shares
were dull, and heavy at the lower prices.
The following report upon the silk trade is fur-
nished by Mr. H. W. Eaton :
" The deliveries of China are again very large. In
this silk, the activity then reported, has continued un-
abated, the trade buying freely, in addition to several
parcels being taken on speculation. The advance
established may be considered as at least is. per lb.,
best first sorts selling from 19s. 6d. to 205., and best
seconds at 19s• per lb. The letters from Shanghai
delivered this week, dated the 28th of March, have
rather tended to strengthen prices, though they
do
b afford any information sufficiently de-
finite to form an opinion as to the effect of the
insurrection on trade, beyond confirming the gene-
ral suspension of business, and the extreme scarcit
y
hyaloney, with the exchange very much against shippers.
ey also state, that even on the spot the true position
of affairs in the disturbed districts can hardly be accu-
rately ascertained, and a good deal of anxiety was na-
turally felt in regard to silk, as the operations for secu-
ring the first crop of the new silk must be carried out
%ring the following two months. Italian silk has been
r'ing More currently, at rather easier rates. In
engals there is no new feature, but the last accounts
frcani India report prices high, as compared with this
market."

,„.
'Lessrs. Houghton and Levy write from Liver-
Pool concerning the fruit trade, as under :

The trade buy with great caution, and there is
little or no speculation, as the accounts of the ensuing
Cops are still of an indecisive character ; our advices
any to the 10th inst. speak of the disease having clearly
6n°wn itself, and by the last mail this is partially con-
f "led, but still the full developement thereof requires
urther authentication. However, we ourselves cannot
thinly there is a doubt as to the disease being in the
iplant, and as in no former instance where it has shown
elf, has it remained for a single year, but with
f:eater malignity appeared in the second, which
th.generally supposed will be the case this season,
oh" want of due faith on the part of buyers
th° above tidings is in a great measure the
cause of the present inactivity, and accordingly they
itinverely orate for their actual wants.. The market for
..4 descriptions of raisins has received a severe check
duty was not to take place; but good hopes are still en-
tertained, from the result of the interview between the
cue appointed by the trade and the Chancellor of
e° Exchequer, that his original proposition may yet be
oriel into effect. In the meantime, the clearances are
a. most contracted nature, and the article remains ne-
glected. The stock of Muscatels is reduced to a, very
rate,c, any of fine quality command high

The six weeks' average price of wheat is 445. 3d.
Per quarter.
The money market has been in an agitated state
1111'3n the reports that the Bank of England will
advancei its rate of discount. The Government
a'ently has not to thank the bank much for its
in thus acting directly adverse • and, although
the demand for money is undoubtedly large, this
has arisen from peculiar circumstances.
e applications for discounts and for loans upon
bleuequer Bills have been so numerous that the
-uank considers it may take advantage of the
_cir-
cumstance to enhance the charge, and this it has
accordingly done. This is the last day for giving
13°,t,ice of an intention not to renew Exchequer
blll3. The payments to dissentients will have to
.e, made out of the balances in the Treasury, or by
loan from the Bank upon Deficiency bills.
lie English Stock Market has been very fluctu-
trig. Late yesterday, some parties who were evi-
t_e/ItlY aware of the feeling among the Bank direc-
tors,sold Consols for Time to a large amount, but
Austrian n
the extremely favourable news of the return of the
.n..
Minister to Berne, and the doubtful
assertion that Count Nesselrode has arrived at
Constantinople, had a good effect when the market
°Pened, and occasioned a rally in Consols from par
to
I°ol Since then, the Bank having
advanced its terms for loans, a reaction
~1,8 Occurred to 99 to par for the month of July.
Bank
latest business for transfer has been at 99
saalk Stock is firm at 2291 to 2301, and India
Stock at 264. Exchequer Bills are at par to is. pre-
'llium. East India Bonds are 20s. to 225. premium.
, Loans upon stock are made in the Stock Ex-
change at 2 to 3 per cent.
Foreign Securities have been better, but at this
1110nient there is a renewed decline. Mexican
, onds have been 26g, and are now 26g. Peruvian
Deferred is at 60 to 62. Spanish Deferred are 231
to

Railway shares are about 10s. to 15s. per cent.
lower, the chief transactions being in Caledonian,
Great Northern, North Western, and Midland.
French s
.shares have been better, owing to the rise
at

-- -
The Gold Mine and Land shares have been very
heavy again and lower. Peel River, 2 prem.
The Joint Stock Bank shares are fiat.
The Bank of England minimum rate of discount
is now 3i. Loans upon stock are made at 3 per
Coot.
The last week's railway receipts, ascertained up
to this day, are in round figures as under
1853. 1852.

Greet Western £21,837 .C 19,522
.0:•th Western 50,647 49,143
1.1
aouth *Western 13,672 12,879
Lsrighton 19,081 13,875
Midland 23,557 22,289
S°l,lth Eastern
Caledonian
10,462 8,478
... Great Northern.
:!4a neashire and Yorkshire .......... .
York and North Midland, Newcastle
and Berwick, and Leeds Northern 25,092 22,087

BRITISH FUNDS THIS DAY.
( From the Official List.)
Business done.

Bank Stook
3 Per Cent. Reduced Annuities..
,
NPer Cent. Consols Annuities
eer Cent. Annuities, 1726
D"' 34 per Cent. Annuities
g Annuities, Expire sth Jan., 1860
:,. udia 030 Years, Expire sth Jan., 1860...
Stock
main bonds £lOOO
D_liittu, under £lO3O
..)outh Sea Old Annuities
~E4)10.11. Sea New Annuities .
consols for Account July 19
reliequer Bills, 14d.
1000 £ ...........
500 .......

... 229 A 30A
• IC3 99/ 100 99i
... 100
... 102 1i 2
• 5,1
... 6 3-16
▪ 264 2A
... 22

....... 20
........ 99g
....... 103 i 993100
1008 10,f

p par

2p ld

PRICE OF FOREIGN FUNDS THIS DAY.
~(111ador Bonds
It'reel!acla Bonds, Deferred
~;(!eall 3 per Cent.
Pet 'vitt° for the Account
I,„n'a It Bonds, 4i per Cent. B5
,-erullan Scrip par
potllll
41: Deferred 3 per Cent.
31guese Bonds, 5 per Cent.
394 8
bitt Per Cent
34
Spanish
48A
tiittoto nend', 3 per Cent
New Deferred, 3 per Cent. 23 i i i
51
F 310.. Passive (Converted)
1
'4141 Committee Cert. of Coup. not fun. 543
A , Dividends on the above payable in London.
4141E1°1'171g° 4 per Cent. Certificates 96 5a GI

Consols TIIREE O'CLOCK.
1344' July

Co
men-
trZE the
ACCIDENT TO MR.
t• accident to Mr. Commissioner
-ion
of a more serious.
ed in The Sun of yesterda, was•,es,MMISSIONER Plat-
ing made yes
4._ 'ratter than anticipate& Fromd Phillips,
es
is con
-
U tuiri
.
,ned I appears that the learned to his bed. He was knocked
d was tramp e
nse•
elisk, an
b Ing Fleet-street, near the ob
a for-
_ . com mdieswsinonears
he
was
tiniliat:e ellirleouararrnstaienceerytharatuhche
will
be!t
able
feared thatMdru.tCieosmamt
bwruaissendetta.nmaeitrewsaesri(mldy
ro, to resume his
LIT
at Emperor
"ss OP THE NEPTUNE STEAMER. Ipsrseioshenenetr. Phillips
steamier frorn St. Petersburgh, has arrive
in the
litTligence of the loss of the Neptune
were
landed, as
1,,a',11 e• The passengers by the Neptune
en
freighwould
St. 1,4 40,000/. in gold, which she li!. steamer Hull with
he etersburgb, but the ship was filling
Lire a total loss. In addition to thse Emperor,'
arrived a
lel; steamer, from St. Petersburgh,
hab
d a total o
alsofast an d
tf
i2eoe4 and the two vessels have on the
tocoo/. in gold, irrespective of the 40,0s0b0n/r.gshhirpepaeadl
to tide in
The letters from St.
~,b,
~. 25th of -kr
May, but they contain no It_tt.e.zate of exchange was unaltered.
series
of three
truxuxuacx 'WEBSTER S LECTURES.—The
to
litvn ee lectures which Mr. F. Webster purposes
oetperolitical news,
displayed in
it, "on the subject of public oratory, as Rooms yes-
-1';
irt . lea
w I li
bl
lira:
nches commenced at Willis's
ana
efitrarstteddisbcoyurse was devotetdhteostpheeeeil`
extracts from
~,s lof Chath G Burke, Fox, l'
,anon am, rattan,Sheridan,
were deli-
Thin
.R, O'Connell, and Sheil. The speeches speeches of
l'e attlii a plain though forcible manner, an
Thin ftupt to reproduce the peculiarities of the speakwers.
Le_° was the right course to take, and the lecture ati
d theroefrwtilitate:
ghat with evident pleasure and attention. Considering
tatp„,.even the most celebrated speeches have but an
WilfrZeral existence for that large portion of the public,s
off' does not purchase collections, Mr. Webster
-,,,z,ri°4 of making his audience acquainted with thee
f,c,'us styles of the orators With whose names they a%
tlar i
47:4 s very felicitous, and much instruction may b
'4l froza his series.