The Sun.
London, England, 1854-10-04 00:00:00

ONEY MARKET

AND
C0111,7,1.-ERCIAL INTELLTGENCE.

CITY, TWO O'CLOCK.

Thi ) sales *1 cotton at Liverpool yesterday
were estimated at 10,000 bales, including 3,500
Ar aerican taken for export -and on speculation.
TI Le market closed with a hardening tendency—
A merican 1-16 d. dearer, and other sorts well main-
ta but not higher. The sales comprised 8,000
/American, 100 Pernauf and Maranham at sftd. to
200 Egyptian at Cid. to 10d., 1,200 Surat at
:3d. to 4;1.,.and 100 Sea Island at ls. to Is. 3d.
-per lb. Railway Shares were dull.
The Board of Trade returns for the month, to
the sth inst., give the total exports at 8,783,7141.,
being an increase of 480,625/. over September,
1853, when, however, the unenumerated articles
were not included ; consequently there is no doubt
decrease.

In the silk market during the past month, ac-
cording to the report of I‘.lr. Henry W. Eaton, the
movement was as follows :

"In advising you that the next public sales are fixed
to commence on Tuesday, the 24th instant, it is satis-
factory to be able to report a decidedly improved feeling
in the silk market. In Chinas a considt-rable business
has been done during last month, resulting in a slight
advance in good third to best silk, and an increased
firmness in other qualities. The accounts from China
received this morning fully confirm the reported short
settlements of new silk, which are stated to be under
2,000 bales against about 12,000 bales at the same period
last .year. The second crop is also said to be under an
average one, and of inferior quality.
•• The certainty that the imports will be thus de-
layed., and the continued large deliveries, seem to have
imparted renewed confidence among consumers both
here and abroad, and a good current trade may I think
be expected at present, or perhaps slightly improved,
rates. In Bengals there is little alteration to notice.
There 'has been rather more inquiry, but nothing to
establish any alteration. In Brutia silk there has been
nothing doing, but in Persians a few parcels have
changed hands from 8s• 3d.. to 10s. The stock of the
former consists of about 20 bales, and of the latter 1,300
ballots. The Italian market remains quiet."
The Jamaica accounts ,brought by the steamer
Magdalena, which has on board 900,000 dols. in
specie, mention that the Legislature would be dis-
solved on the. 3d inst. The Island notes had
reached par, owing to the expectation that they
would be redeemed at an early date by the arrival
of coin from this country for the purpose. The
Board of . Emigration has been devising plans
for the procuration of labour. From the other
islands the agricultural advises are mostly favour-
able, especially Barbadoes, which appears to be in
a very flourishing condition. The cholera in Gre-
nada appears to have swept off about one-tenth of
the entire population, but happily the malady was
on the decline. At St. Lucia, however, its
-ravages were great.

The Foreign Exchanges were rather firmer again
yesterday afternoon.

The demand for gold has fallen off, and a large
amount of the recent arrivals has been sent into
the Bank. of England.

*The amount of specie taken out by the Penin-
sular and Oriental Steam Company's vessel Candia
to India, China, &c., to-day, was 90,4661., of
which 61,2641. is in silver, for Ma Iras, Singapore,
Hong Kong, Canton, and Shanghai, and 29,2021.
for Alexandria, Singapore, and Hong Kong.
The Committe of Mexican Bondholders have re-
ceived letters dated the 2d and sth ult. from the
city of Mexico. In these there is nothing definite,
but the agent expresses a hope that he should get
another dividend. The remittance for the dividend
would have been larger, but for the want of hard
dollars. The Committee memorialised. Earl Cla-
rentlon•a short time back, and the result was the
sending of. instructions to the British Minister at
Mexico strongly to urge upon General Santa Anna
the claims of the creditors.

The Panama papers received by the Magdalena
steamer state that there was a report of General
Echenique being taken prisoner by General Cas-
tillo. This does not appear improbable, seeing
that the Lima papers mention the retreat of
Echenique after the action at Zyeuchoca, where he
was worsted. If President Echenique has been
captured, there is no doubt that the bondholders
will soon be able to get a satisfactory arrangerhent
of their claims from Castillo.

The English Funds have been very weak this
morning, and a pressure of money stock is still
spoken of. The comparatively high prices, and
some little disappointment that an immediate rise
did not occur upon the taking of Sebastopol, pro-
bably occasioned this ; but if money gets easier
and confidence stronger, as it should do, there will
probably be an advance, admitting even that
Consols are already at an elevated point, con-
sidering the war and the present heavy expen-
diture upon us all, .however, it is hoped,
to be repaid sooner or later by the enemy.
Consols have been 95j and 95ti to
for Transfer, while for Account they are 95i
Exchequer Bills have been ss. to Bs. premium.
The Bonds are at par.
In the Foreign market there has been much greater
activity. Mexican Bonds, which touched at 25,i,
have been done since at 24i. The remittance for
the dividend is 27,000 dollars. Peruvian Stock
has been quoted 71 to 73. Brazilian Old Bonds have
been done at 99 ex dividend. Portuguese 4 per
Cents. have been at 41. Spanish 3 per Cents, have
been at 48, and the Deferred at 18i1. The Turkish
Scrip has varied from 31 to 3i premium. Dutch
21 per Cents. have been at 62.

The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 51 to 61 ;
Mexican, 24i to 251 ; Peruvian, 71 to 73 ; ditto
3 per Cents., 51 to 53 ; Portuguese 4 per Cents.,
40 to 42 ; Russian 5 per Cents., 98 to 100 ; ditto
4i per Cents., 87 to 89 ; Spanish New Deferred,
18,1 to 18i ; ditto 3 per Cents., 37/ to 38 ; ditto
Certificates, 5 to 5i ; ditto Passive, 4 to 41.
The Railway Share Market has been unsteady,
but prices are rather better in a few instances.
The Norfolk, South Wales, Great Northern, and
Lancashire and Yorkshire, have been in request.
Great Western are flatter. The foreign lines have
been quiet.

In the mines there have been a few bargains,
t e banks are firm, and there is more doing at full
rates in the docks, Crystal Palace, and miseella-
_eons shares.

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

Bu iness done.
3 per Cent. Consols Annuities 95 i i i
Consols for Account 17th Oct. „ 951
Exchequer Bills, lid.
£IOOO
I:500
Small
Exchequer Bonds 1858, 3} per Cent. —
Ditto 1859,
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent 99 x d
Danish Bonds, 1825, 3 per Cent —
Ditto 5 per Cent
Mexican 3 per Cent
Peruvian Bonds, 4i per Cent. 72 3 1
I. itto 3 per Cent
.. •
Portuguese 11"ds, 4 per Cent
Spanish Bonds, 3 per Cent 4B
Turkish Scrip ,
Spanish New Deferred, 3 per Cent. ......
.....
Ditto for the AccCiu..a.......". ......
..
..
...
....
.
Dutch Exchange, 2i per Cent. 12 Guil
Ditto 4 per Cent. Certifieates ....
. HALF-PAST TWO.
Consols ..................................... 951
Ditto October Account ..... -- .
............... VO

WIGAN ELECTION.—The close of the poll yesterday,
at four o'clock, was as follows :—Acton, 339 ; Powell,
334 ; majority for Acton, 5.
REPRESENTATION OF FROME.—Mr. Donald Nicoll, the
late sheriff, and one of the Middlesex magistrates, has
issued an address, soliciting the suffrages of the electors
of this borough.
PRICE OF GOLD.—The quotation of gold at Paris is
about 3 per mills discount (according to the last tariff),
which, at the English Mint price of 3/. 17s. 10id. per
ounce for standard gold, gives an exchange of 25.09 i ;
and, the exchange at Paris on London at short being
25.10, it follows that gold is about the same price
in Paris and London. By advises from Hamburg,
the price of gold is 4241, per mark, which, at the English
Mint price of 3/. 17s. 101 d. per ounce for standard gold,
gives an exchange of 13.41; and, the exchange at
Hamburg on London at short being 13.41, it follows
that gold is 0.06 per cent, dearer in Hamburg than in
London. The course of exchange at New York on
London for bills at 60 days' sight is 110 per cent., and,
the par of exchange between England and America be-
ing 109 23-40 per cent., it follows that the exchange is
nominally 0.4‘.5, per cent, in favour of England ; and,
after makizt allowance for charges of transport and difference of interest, the present rate leaves a profit
CNlthe ilAportation of gold from the United State,.