The Sun.
London, England, 1854-08-31 00:00:00

ttou,
nr, •
YI rlvEi MARKT! p ,
' -11 t -imt"t go', •
414.0 . IZ2ISSI
A ND ,

COi3I3IE.I2CIAL I.NTELLIGEATCE.

• CITY, TWO o'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 10,000 bales, including 3,000 taken
for export and on specu4tion. The market closed
firmly, without alteration in prices. The sales
comprised 250 Pernam and Maranham, at sd. to
300 Egyptian at 50. to 8.1., 700 Surat at
3d. to 4 1., 50 Sea Island, at Is. Id. to ls. 7d:, and
the remainder American. Railway Shares 'Were
firm at higher rates.
The monetary and commercial advices from the
United States by the Atlantic steamer at Liverpool
yesterday are not of a very satisfactory character.
The dates she brings are to the 20th inst. Failures
of consideration still continued to be announced
and reported.- One of them, that of Messrs. Henry
Sheddon and Co., was connected with commercial
affairs exclusively, it appears, and is said .to have
arisen out of heavy bill acceptances for the accom-
modation of Texas cotton planters, and shippers
who have neglected or been unable to meet
their. engagements. Another large failure, the
names of the parties to which are not
given, would seem to have been connected
with the stock and share speculations, as it
is reported that the suspended house was " one of
the most responsible endorsers of the Erie paper,
meaning, it may be presumed, paper issued by the
directors and speculators to support the market in
Erie railway shares and bonds, the prices of which
had been greatly depreciated, and the securities
themselves much discredited by directorial mis-
management. Evidently there was no imme-
diate prospect, but rather the reverse, of any
abatement of the railway imbroglio, which was the
primary cause of the difficulties which had been
experienced, and still prevailed, in the money mars
ket. Nevertheless, the New York Banks had all
the appearance of being in a healthy condition,
both as respected the amount of circulation, depo-
sits, and specie on hand. The deposits, represent-
ing to a certain extent unemployed capital, had
been for some time past on the increase indeed,
and such a fact comes in stronger proof of the
embarrassed state of credit. The 11 etv York Aip-
ping and r 'onmercial List remarks that, with all tins
favourable position of the banks, there was a de-
cided indisposition to discount any but short-dated
and choiCe hills. Long-dated paper, sky at four
and six months, even with otherwise respectable
signatures was " difficult of negotiation, even at
the exorbitant rates of interest now charged by the
note brokers." As a consequence capitalists and
money lenders preferred to loan their money at
call for which 6 to 7 per cent. could be obtained
than to employ it in the discount of bills, or in
railway paper at the enormous rating, which ranged
from 10 to 24per cent., as thus catalogued :
Loans on call from 6 to 7 per cent.
Prime bills from 60 to 90 days, 10 to 12 do.
Prime four and six months, 12 to 15 do.
Railroad paper, 15 to 24 do.
This state of affairs created much embarrassment
to commerce, but more still to the prosecution of
railway enterprise. Various new undertakings
would be reduced no doubt to a suspension of
operations, whilst others more advanced would
have great difficulties to surmount for the comple-
tion even of such portion of their lines, the works
of which were in the most forward state.
From the Monthly Shipping List, compiled by
Mr. Miller, of the Jerusalem Coffee-house, we find
that there are 58,936 tons of the berth for the
different ports of Australia, of which 4,585 ore for
Van Diemen's Land, 18,013 for Sydney, 26,653
for Melbourne, 5,852 for Adelaide, and the rest for
other parts.

SUN OFFICE, eix o'clock,

TATTERSALL'S.
(THIS EVENING.)

LEAMINGTON STAKES.
100 to 8 asst BaalbeC(talien).
Bto 1 agst Hac (taken).

- • DERBY.
20 to 1 agst Thnnie 'Morn.

ST. LEGER.
7to 4 agst Boiardo (2 to 1 laid to 100/.
sto 1 agst Trapper (taken).
7to 1 ag,t Acrobat (taken).
10 to 1 agst Midiummer (taken).
20 to 1 agst Scythian (taken).
33 to 1 agst Hannibal (taken).

CESARE WITCH.
25 to 1 agst Muscovite (30 to 1 taken).
33 to 1 agst Burlington.
33 to 1 apt Bairownie.
40 to 1 agst Star of Surrey (taken).

113
LINCOLN RACES. 20
St.
(THIS DAY.)

(BY ELECTRIC TELEGRAPII.)
BROWNLOW STAKES.
Snowdon Dunhill
Cherry Brandy

Six ran.
LINCOLNSHIRE HANDICAP
Jetty Treffz
Lady Vernon
Arribas

Nine ran.
GRANBY STAKES
Jack Sheppard
Van Winkle

Four ran.

COURT OF BANKRUPTCY.-(THIS DAY,

(Before Mr. Cmimi,gioner Fonblanque.)

IN RE ROE.

15IPORTANT. TO BANKRUPTS AND ACCOUNTANTS.
Tuffs bankrupt was dose. i bed as of Brighton-place,
Brixton, oil and colourtnan, and to-day was appointed
for his last examination.

The balance-sheet prepared by lir. Ventris extends
over a period of 18 months. Debtor to creditors, 9611. ;
to ditto holding security, 1501. ; creditor by good debts,.
1871. 14s. 4d. ; doubtful, 971. 2s. 6d. ; property given
up, 1271. 13s. 6d. ; ditto in the hands of creditors, 1701.
All application was made on behalf of the bankrupt
for an allowance to pay the -accountant fur preparing
the accounts.

His ilonour asked whether the accountant had been
appointed under the sanction of the Court.

The solicitor said that under peculiar circumstances
he had not, as the person who had been authorised,
•
neglected to complete the accounts, and Mr. Ventris
bad beer!, called in.

His Honour said that if persons chose to act on their
own lodgment, they roust take the consequences. The
Court ought to have been applied to—he should, there-
fore, refuse the allowance.

It was scarcely to be expected that the rapid
rise Of yesterday in Consols, without any special
eausa in action, would be followed up„; or even
supported, to the same extent to-day. Dealers
and speculators woultionpear to have been of this
opinion, and have been prudently realisdng their
profits upon the rise this morning to the partial
relief of the less fortunate operators for the fall.
Otherwise there is no apparent reason uilly Con-
sols which left off yesterday flush alt 951 to
for money, and 951 to 96k for account,
should have gradually receded this morning ;to 951- to
g for money, and 95i to for time, which are the
actual quotations. Reduted Threes have L een done
at 96, but the last bargain was at 951. Thrlee-and-a-
Quarter per Cents., from 96g. at the opining, ara
now 95g. New 21 per Cents., 831. Baink Stock
has been bought at 2081 and 2101 ; Long An-
nuities, 4 11-16 and 41 ; India Stock 22p ; India
BondA, 3s..,prenaium ; Exchequer Bills, lts. to 4s.
premium ; Exchequer Bonds of 1839 at 98f and 98g.
The dealings in the Foreign Stocks hh►ve gene-
rally been numerous, but in particular bonds there
have been several transactions. Spanish have been
active, but weaker ; the Three per Cents. have
ranged from 38i to 37k, and the New Deferred
from 181 to 181. Russian Four-and-a-Half per
Cents. are quoted W. Mexican Bonds; are sup-
ported at 241 to 25. The Turkish Ship is 6i
and 6a.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds 6 to .1, Mexi-
can 241 to 25, Peruvian 71 to 73, ditto 3 per
Cents. 52 to 54, Portuguese 4 per Cents. 40 to 42,
Russian 5 per Cents. 99 to 101, ditto 4i per Cents.
.86 to 88, Spanish New Deferred 18g to 18i, ditto
3 per Cents. 38 to 38k, ditto Certificates sto 541,
ditto Passive 31 to 41.
The last week's railway receipts ascertained up
to this day are in round figures as under

1854. 1853.
Great WeF:tern
Nc,rth-Westi rn
S,auth- Wettern lirighton
=Midland
'a
South-Eastern 28.542 27,0
Caledonian
12,688 ' 11,848
Great Northern 19,860 18,
Lancashire and Yorkshire
The settlement of the account in the ;Railway
market is going off steadily. Yesterday's highest
prices are not current to day, and this is most ob-
servable in Great Western, Midland, and _North-
Eastern. The French shares, however, Still tend
upwards, and there is more doing.
Mining shares are dull, and also thic. Banks,
South Australia are 1/. better.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
(From the Official List.)

IltisinPraa envie.
.
Sank Stock
10i
.3 per Cent. Reduced Annuities 208!5i g 6 11
5g
3 I,or Cent. Consols Annuities 954 i i +3i per Cent. Annuities
New 2{ per Cent. Annuities
Long Annuities, Expire sth Jan~ 1860
India Stock
226
India. Bonds, £lOOO ............
Ditto, under 21000 •
aim
Coosots for Account 13th Sept. ' ' -.

~ ............ 95

B'll

.Exchequer Bills, 24d.
£lOOO
... ........... 1 3 p
£5OO
4
Small 1 p
Exchequer Bonds 1`,53, 3a per Cent. 41 p
Ditto 1859, „ ,
PRICE OF FOREIGN FUNDS THIS DAY.
Mexican 3 per Cent.
Ditto for the Account 25 4i
Russian Bonds, 1822, 5 per Cent. £St —
Ditto 4A per Cent 9O
Eardinianßonds, 5 per Cent B7
Spanish iionds, . per Cent 3Bi B's
inanish New Deferred, 3 per Cent. ls. 7a
a i
Turkish Scrip
C 4 6 ii la
D•videacle 011 the above payable in I.nntlen.

Consols
THREE O'CLOCK.
.. m
Ditto sep: ...... 95 k
tuber AC 1/111.1f
"z_-.--•_ .......—__

- .1-RE Naw VAMP L IW—The correspondence between
the Think and the Governmeta on the intended cpera-
tion of the new stamp law'has been a subject of discus-
si3n yesterday, and, In addition to the unf.irnega of its
retrospective action, the provisi,n that in each instance
of a foreign bill drawn and payable alroad the entire
act must be duly stamped before any one of the set can
be negotiated here, has led to particular remark. Bills,
for example, from Brazil on liarnburgb, or from Vienna
on Amsterdam, &c., if drawn in sets, and dealt with in
London, must not only be all stamped, but must all be
received before they can he used. It will not soffit© to
stamp one part with the duty imposed on single bills in
order to bo enabled to negotiate it, and hence, as the
different parts of foreign bills are always transmitted by
separate conveyances, and nre frequently not all ent,
the law, it ic4 contended, will not merely create ineon-
ven;ences that are ,nrmeu!.tabl, bot tlit,...:s a seri,,us
interrbrenee with the cour.e of tr..de, by requiring what
in many cases must prove impracticable.

T. &,i. Ts u N*s --L ONDON THURSDAY.-EVENI
1

SHARE MARK
(T HLS D A Y.)

ETS.

BRITISH RAILWAYS.

RAtLWAYO.

Led ford and
I..etettit.)77
fluckgbanist
~:llydesdaleJe
E. Lincoln gr
6 p•:r cent.
:lay. Ram A:
Neils. Direct
New
T;lstr.ez Dn. Fr
Dk.
Railway
Elull & Selby
Do. Share.
Do. d Shares.
ron.&Greciiw
Do. Pre fercupt.
Lowestoft gr.
4 per cent.
Do. C per et.
Afauch. Bxtn.
and Matlock
Nliddlesbro'
Redcar. .
Aidld.Bra.dfd
Northern and
Basternsp.c.
Do. 6 per et.
Do. Fixeclsp?
Prost. 3y Wyrc

Leasing
Compans

Do. A Slues.
itoystn.& Hit.
Do. Shepth. St
si•lhef. Roth a•-e.:
Goole g. 5 p.e.
a. Ptatlorcldh.
\tiefuNalleygi
per cent
D 0.......
,Vilts,StSomrst

..undou
N. Wert

a. Nrthii.
laldonian.

IDo
Westi
-Ik. New.
& Berw.
Y. &N

13. Easteil,
i)o

gorfolk..

L.& N. W.
& Midid.
S't,cktou &
Darlingt.

C. Count.

Olostm, Pnctb
this day.

95 -100
97 - 99

136 - 139

L. &N.W.
&Ln&Yk

Northn
Do
Limeash
Yorksh.
H. MCloan
Rot:lit. S.:
barlingt.
grtWestn.

28 - • :30

12i -- 13
.23 -- 24

2i - 2i

9-1. - 96

5S - GO

i'34 - 137

2 d

30 - 31
93 -- 95

PREFERENCE SHARES,

100 •‘..berdet.
WO Do. No. 2, p. c.
30 iilythand Tyne lOper
c. pref. (issd. at 500
WO (iris. & Ex. 4p. c. St.
5 Do. 4 p. c. bliares
WO Caledonian 4:10
all Chester & Holyhead
Guar. 51 per cent
fl Cork BandQnsip.C 1
all I.:nude° Perth &Aber- f

(teen Juuction

all EftstAngliau (13 los
n per cent
all ')o, (X 5) 7 per cent
2 to. (X 7 17s) 7p. c.
111 ~.::stern Counties. Ex
tension, 5 p. c. No.
All Do. No. 2.
ill 4). New 6p.c. S
111 ::',astern Unmn, Seri
' Ir. u ~, r . fi per cent .
;d1 to. 51., In ,;er con+
.C.l too. 10/. Del;eutr.Si
.t; , .:.i.st Lant:NJ i. 6 p. et,
all ..:net and We t. Yori.
shire June. Pref...
all .:,liut)Prth.&Dund•
4 per cent.
....... .
;,!), ; ;,asgovi; &S. Wester;
Guar. 5 per cent..
[OO ;mat Northn. sp. c
,ill ' to. sp. c. RA:deeui.
at 10 p. c. pretn.
.00 • .4). 4.1 p. c. Scrip ...
St, 4.N.ofSeot.lstPre
all it. Soutl in.& Westin
(Ireiand) Eighths)...
6 Do. 4 per c. Pref. Sb
ij ;t, West!). (Burks &
ilauts Es. 5 p. c)..
[OO Do. cov. red. 4,i p.O
.00 Do. con. red. 4p. c
00 D. irred 4p.c. • •
6 Lan. & York, F..1:21
(")0 Do. G p. c, Stock ...
13 Leeds N. 6p. c. No. I
9 Do. Quarters,lB4B .
(}() Loudon and Briglitoz,
Guaranteed 5 p. c ...
.00 Do, Pref., sp. e. St.
all Do. Convertible, 5 p.'
c., 1852
100 :10, New Guar.6 p. c.
1050
I,
ovL ounnu;
ic&oa
ntNO
&:. n S : W,,.w .
.ec. )8. vt i
r. ;,.
all 1.0 Con.
l o nTdhul i ird; i .....r.
iShares .
all Londy. & Ennie.i Sh
all Man., Shof., & tin ,
i Sares, No. 1.
all Do. New, £lO
4? Do. £6
c
all Aarypt.&Carl.4 p.
all Do. 4i per cent
106 Do
100 Nticl. Consol.6 p.c.St.
100 Do. Consol. Bristol &
Birm. 6 per cent._
I.li Do. Pref. 4i per cent
8 Norfolk Debenture ..
'lOO Do. Prof. 4p. c. Stock
100 Do. 5 p. a. E5t.......
100 Do. 5i per ct . pref._
100 Do. Wav, Val. sp. c .
100 North British
all North Staffordshire
100 Oxford, Worcester, &
Wolverh.Xls, 61. e
15 Do
all Scot. Cent., New Pier
all Shrews. &Birm.N.G,
all Sbrewsby. & Chester
(Nor.W.Min), 8 p.c.
10 Do. 5 per cent ..... ...
all South Devon,
14 De. fixed, 4} per cent
all S. Eastern (Readin;
Ann.) of £1 Os. 6d.
[OO Do. 4 pet cent,
all .:.Yorksh.4p.c.Guat
all -itocitou and Dar-
lington, 4 per cent
5 Do. do. do
all itocktou and liarth,-
pool, guar, 5 p. c.
till .Ist July, 185:
Araterfd.&Ki I k .6p. t,
01) York, Ne weastle,,iur '
•5 Nrwick,4p.e. ['ref, 30
Du................... 3
10 York&N. Mid land 11.
-.--
1

MINES

... -- ...

J 6 - 8

ii iinuies.s
this .lay.

Ii 7 ya

- ...

- 3:l

all Ak;trt len:, ...
all Anglo Austrlu. Gold
all Anglo Californian ...
2 Australasian . 6 Australian ......... : ............
all 'Australian Cordillera
all lAustraliati Freehold.
all' Ave Uri .............
aall ll 1134e1;
oed,icillan!..-v(G7'll:, i)l..‘)(itil'.3;).uo rd:
all British Austrin. Gold
I.3.sllritisli 1r0n..,,,
allt
4 4 iDiaro....l.,:cdrisioleai
sly: T.1,16,4)0417c1081
illr::* P:pe.:
i:C(....i:c:...eg.i.;11.1.1....(7ti'
..
cent,
15 Do. St. John Del Rev;
all Cobre Copper ........
16 Copiapo . ........... •.,
all Copper Min. of Eng,
all
1.
DCC:oli.
all English and Austin.
Copper Suieltg. Co.
all General.. .... .
........
all Gt.NuggetNreing. 2 Do. Registered ......
all IGreat Polgooth.. ......
all 'Lake Bathurst: .........
all Liberty.. ....... : .......
all Linares.. ...........
all Lond•Scealiferu•Gobi
Quartz Crush. C 0..,
all Mariquita.. ...........
9 Mexicau&S.Amarien.
all New Granada ....... ,
all New Linares Minint
and Smelting C 0..,
all Nouveau Monde .....
all Pontgibaud Silva]
Lead min. & Smelt.
1 Port Philip ........... •
all Quartz Rock . • ........ .
a1111aa117514. WallerltltionUnitednt i)Yni•.southCll ar
onogAw.°:Mit
1 sYde..
•.]:r
ar:
IC:
a."
1.C..
'n...
...11.a
..::
::
1 .................