The Sun.
London, England, 1854-05-29 00:00:00

lONEY MARKET

AND
COMMERCIAL IIV TELLIGENCE.

CITY, TWO o'CLOCK.

The sales of cotton at Liverpool on Saturday were
estimated at 7,000 bales, including 2,000 American
taken for export and on speculation. The market
again closed heavily, without alteration in prices.
The sales comprised 5,750 American, 200 Pernam
and Maranham at 60. to 7d., 100 Bahia at 61-d.
to 60.; 300 Egyptian at GO. to Bd., 500 Surat at
20. to 4d., and 100 Sea Island at 10d. to Is. id.
per lb. Railway shares were firm, at improved

prices.
The Admiralty is still freely taking up shipping
for the conveyance of troops to different parts. A
vessel is wanted to take 436 men to Quebec. She
must be of 500 to 600 tons burden. Tenders are
also invited for the conveyance of guns, not ex-
ceeding 100 tons, to Constantinople, besides ord-
nance stores.

The steamship Africa from New York brings
350,000 dollars in specie, nearly all, however, being
for France. Business generally was improving,
and money was easier. Bteadstuffs were dull, and
heavy in price. Public securities tended down-
wards. This, however, was owing rather to a
general want of confidence in all financial opera-
tions than to any tightness of money. Cotton
was firm. _

From the Continent we have the rates of ex-
change coming rather higher this morning, but
money continues very abundant in most of 'the
cities abroad, and especially at Paris and Am-
sterdam.

The English Stock Market has been remarkably
elastic, and has out-distanced even the buoyancy
of Saturday. The Bears have quite taken fright,
and have been buying indiscriminately. The poli-
tical intelligence from abroad is considered satis-
factory by many, although there is still some doubt
'as to the value of the Austrian-Prussian alliance.
Consols have been 91, then 911, and since 91g- for
money. The June prices have been 91 to after-
wards 91k, and are now 91/ I. Exchequer Bills
realised par to 3s. premium, and East India Bonds
4s. premium. Exchequer Bonds have been quoted
to / premium. Bank Stock is firm at 204 to
206. The New 3/ per Cents. have been 901 to. 91/,
and the 3 per Cents. 90 to /
Foreign securities have been less active than our
own stocks, and do not participate in their buoy-
ancy to the full extent, although they are in some
instances higher. Mexican Stock has been at 24/
to and Peruvian 5 per Cents. are quoted 62i to
63k. Brazilian Old Bonds have been marked 971.
Russian 5 per Cents. have been at 98, and Dutch
2i. per Cents. at. 601. Sardinian Stock is at 84.
Spanish 3 per Cents, have been at 191. 1, the Cer-
tificates at 4/, and the Converted at 4.
The railway meetings announced are the fol-
lowing :

Company. Date. Place, &c.
Bognor and Carnarvon
Great Northern
Great Western June 8, Paddington station.
Hereford, Ross, & Gloucester June 7, Hereford.
Kilken. and Gt. S. and W. Ire. May 29, 17, Gracechurch-st.
Killarney Junction May 31, Dublin.
London, Tilb. and Southend June 6, Fenchurch-street.
Lucca and Pistoja Junel4, Lucca.
Royal Swedish
Shrewsbury and Birmingham June 12, Shrewsbury.
South Wales June 9, Paddington station

Southern of France
Stirling and Dunfermline June 1, Glasgow.
Waterford and Kilkenny May 31, London Tavern.
West Hartlepool
Railway Shares have been animated, this being
" ticket day." Caledonian, Great Northern,
Great Western, Midland and York, and North
Midland have been iu most favour, being compara-

tively scarce or " oversold." The rates charged
for carrying over speculative transactions have
been somewhat in accordance with the general
value of money. French shares are in moderate
demand.

In the Mining market there is scarcely anything
doing. The Bank shares continue firm, and the
Land Companies' are buoyant. Crystal Palace
without alteration.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK
(From the Official List.)

Business done.
Bank Stock .
1 per Cont. Reduced Annuities 9O
3 per Cent. Consols Annuities 9lh liiii
New 3i per Cent. Annuities 204
India Bonds, £lOOO ............ .........
Ditto, under £lOOO 4 p
Bank Stock for Account ' 204 5
Consols for Account tth June 9lh 1 a
Exchequer Bills, lid.
£IOOO
£5OO 4 p par
Small 4 p par
Ditto Advertised , 2 d
Exchequer Bonds Scrip
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK
firazillan Bonds, 5 per Cont.
Nlexican 3 per Cent.
Peruvian Bonds, 4i per Cent.
Russian Bonds, 1822, 5 per Cent. £ St 93
Sardinian Bonds, 5 per Cent.. ...... .
Spanish New Deferred, 3 per Cent l9i A
Ditto Passive (Converted)
Spanish Committee Cert. of Coup. not fun 4l
Dividends on the above payable in London.
Dutch Exchange, 2A per Cent. 12 Guil
1.14LP-PAST TWO.

Consols 9l
Ditto Juno Account

NEGOTIATIONS STILL-AND WAR AT A
STAND-STILL !

(From the Press.)

pears awaiting
which thata i the
an
already
dycactiveo n operationssai
d pelor
mo f
aNtilit7
esh icfll
aee r
net ltpisea
aicgonnud ni
ast
rrgymoies, it oaing , stpily
able results have been obtained, though we are not so
sanguine as our contemporaries that the advantages are
on the side of the Allies.
It appears that negotiations for peace were in active
progress very shortly before the declaration of war,
and that, although that manifesto seemed to indicate
a conclusion of these endeavours, the efforts have
been since renewed, and only a few week ago pro-
posals on the part of Russia were made to the
British Cabinet of so conciliatory a nature that
the Russian party in our Cabinet were anxious for
their acceptance. It was even intimated, in order to
further this result, that the feelings of the Emperor
Napoleon coincided with those of Lord Aberdeen. We
have reason to believe that the propositions of Russia in
this instance involved, to say the least, a virtual conces-
sion of all those conditions which had been insisted upon
by the allies previous to the declaration of war. The
anti-Russian party in the British Cabinet, however, suc-
ceeded, though with difficulty, in the rejection of these
propositions ; and an opinion was expressed that the
time for a settlement on the status quo had passed.
It seems that shortly after this decision it transpired
that the advances on the part of the Government of St.
Petersburg were a well-calculated feint, made on the
assumption that they would be rejected, and that
the Western Powers might become committed to
the dangerous course doubly dangerous when indefinite
—of repudiating the status quo. No sooner was this end
obtained than, as it reaches us, representations were
made to Austria and Prussia that the Emperor of Russia
adhering to his voluntary engagement to respect the in-
tegrity of the Turkish empire, and not to seek any terri-
torial aggrandisement at its expense, and acknowledging
from the unforeseen circumstances that had occurred,
that his main object, the relief of the Cheiistian subjects
of the Porte, had been substantially obtained, was
ready, in the interests of peace, and to evince
his regard for his allies, to cause the evacua-
tion of the Principalities by his armies with-
out reference to the simultaneous retreat of the
hostile fleets. These overtures, as we are assured, have
been received with favour by the two German Courts,
and, at the present moment, while in this country we
are calculating on the certainty of all the great Powers
being compactly allied against Russian policy, the Em-
peror of Russia has probably succeeded in changing the
issue, and the controversy will be no longer as to the
evacuation of the Turkish dominions, but on the recur-
rence to the status quo, or to a redistribution of territory,
with the four great Powers, divided on the question.
The difficulties of our Cabinet are increased, because,
as we have reason to believe, no definite ideas prevail on
the subjects of compensation and security as conditions
of peace. We have reason also to believe that the Em-
peror of the French has remarked that, since the status
quo cannot be recognised, and as no plan of compensa-
tion and future security is matured, prolonged occupa-
tion is the alternative ; and thus the consequence of our
proceedings will be—the Turkish empire in the systema-
tic possession of foreign armies, which hitherto has ever
been the first step to partition, and which must, at all
events, entail on this country a vast and protracted ex-
penditure, probably without any results.
The renewal of the labours of the Vienna Conference,
and the recording protocol from which so much is ex-
pected, are merely steps in the accomplishment of the
projects above intimated.

GRAVESEND, MAY 28.—MELANCTIOLY ACCIDENT ON
preven-
tive boat from Grays, having on board the chief boat-
TUB RIVER.—At about four o'clock this day the
man and five men of the preventive service at Grays,
with one woman, wife of one of the men, left Gravesend
for Grays, and when in the Northfleet Hope, and turn-
ing the point, a sudden squall of wind caught the sprit
sail, and, whether it was owing to its violence or to the
mismanagement of the man who endeavoured to take in
the sail, the. boat was capsised, and before any assist-
ance could be rendered from vessels or boats in the
locality, or from the shore, two of the men on board were
drowned. A waterman of Northfleet, of the name of
Washer, had put off frcm the India Arms slip, and for-
tunately rescued from drowning the other occupants of
the boat, who were struggling on the surface of the
water, but who sustained- themselves afloat till picked
up.