The Sun.
London, England, 1854-02-09 00:00:00

MONEY MARKS T

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 8,000 bales, of which 1,000 American
and 1,500 Surat were taken on speculation. The
market closed steadily at previous rates. The
sales comprised 5,750 American, 100 Pernam and
Maranham at 61d. to sid., 60 Bahia at 61d. to
60., 50 Egyptian at 61d., 2,000 Surat at 3d. to
4d., and 100 Sea Island at Is. to 2s. per lb. Rail-
way Shares were dull.
By the ship Ballarat there are advices to the
11th November from Port Philip. Generally,
however, the letters are to the 7th. The amount
of gold on board is 92,000 ounces, but the general
result of the " diggins" during October, as com-
pared with the like month of 1852, is a falling off
in the sums brought down by escort to Melbourne.
In October, 1853, the total yield was 109,006
ounces and in Oct., 1852, 364,172 ounces. The
probability is, however, that the bad weather pre-
vented the miners sending down their gold, for it
is known that generally thy were doing well. The
great falling off is at Mount Alexander.

- The letters we have seen are very encouraging.
Cases of distress among newly-arrived immigrants
were no longer heard of. The markets were good
for most imported articles, and the stocks at the
mines were low. Money was rather tight, but
there was generally a healthy state of affairs. A
coal district, ten or twelve miles from the sea coast,
bad been discovered in Victoria. The revenue for
the year to Sept. 30, 1853, shows an increase of
142 per cent, over the previous year. The Vimeira
with the Post-office mail had not arrived out.
There are Van Diemen's Land papers to the 2d
Nov. Subscriptions were being raised to make up
the sum of 17,0001., as a reward for a workable
gold field. Flour was steady.
The Mexican Minister at this Court, his Excel-
lency Senor Don J. M. de Castillo y Lanzas, has
favoured the Committee of Mexican Bondholders
with the subjoined very satisfactory communica-
tion, which accords much better with the opinion.
which the bondholders have formed of the en-
lightened views of the present Government of
Mexico than the direct advices published in the
papers of the 4th inst. :
" I beg to call your attention to a memorandum, stated
to be from the Committee of Mexican Bondholders, which
appeared in the naes newspaper of Saturday last. In this
extract the Minister of Finance in Mexico is reported to
have promised `that as soon as he could dispose of the
money which he expects to receive under the treaty with
the United States of North America, when concluded, he
would make arrangements for the immediate payment of
another dividend.'

"That this speech, uttered by his Excellency the
Minister of Finance, must have reference solely to the first
instalment of the said. indemnity, and could not be in-
tended to express the determination of the Government
with respect to the whole amount, I think I may positively
affirm. of my own knowledge, as in a communication which
I have just received from his Serene Highness the Presi-
dent on the subject, it is stated emphatically that his first
care, after he has succeeded in reducing the national
finances to some sort of order, will be directed to the pay-
ment of the dividends which are overdue, and his best
energies devoted, subsequently, to the entire abolition of
the debt."

In consequence of ill health, Mr. James Capel
has resigned his position as chairman of the Com-
mittee of Spanish Bondholders. We trust sincerely
that a successor equally able and disinterested will
be found, and that the Committee will not slacken
in their exertions on behalf of the certificated
holders.

The English Funds have exhibited greater firm-
ness, and upon the intelligence received within the
last hour, that the negotiations for peace are still
progressing at Vienna, Consols have further im-
proved. The prices were 911 at the commence-
ment of business, and are now 92 to 92k, money
purchases having been made at the highest of these
rates. Notwithstanding these accounts about nego-
tiations, and the strong belief still entertained among
our capitalists that peace will be maintained, we
may state upon high authority that there war can
be prevented only by the Emperor of Russia accept-
ing the Vienna propositions, and the Governments
of both England and France are resolved to make
no further overtures. On the contrary, if hostili-
ties proceed far, the favourable terms lately offered
would not be reproduced. The New 3f per Cents.
have been 93i to and the 3 per Cents. 92h- to
Exchequer Bills are 17s. to 20s. premium, con-
tinuing firm. Consols are now flatter at 911
The Foreign Securities have been fairly sup-
, ported, with a moderate business doing. Mexican
Bonds have been at an advance t o 251 and 254,
owing to the communication from the Minister in
London. Spanish 3 per Cents, are firm at 40 to
401, and the Deferred at 18i. Dutch 4 per Cents.
are at 92, after being 91g. Russian 5 per Cents.
have been done at 104 and 105. Equador Stock
is at 4, and Brazilian Old 5 per Cents. are at 97.
BRITISH MINES.—A few buyers appeared in the
market this day for Alfred Consols, 244 ; Mollands,
Bs. Gd. to 9s. ; Tavys, 21 ; Cwm Daren, 15s. to
16s. ; Poltitnores, 20s. to 21s. Gd. ; Great Crinnis,
30s. to 355. ; Wryagau State, .17s. Gd. to 203. ;
Sortridge Consols, 15s. to 17s. Gd ; Great Alfred,
30 to 32 ; Wheal Arthur, 30 ; Gills, 2 fr. The
following favourable report was received this morn-
ing from the Molland. mines :—" The lode in the
62 East is 21 feet wide, producing saving work ;
the lode standing in the back for the last three or
four fathoms behind the end will turn out full one
ton of ore per fathom. The 52 East producing
good stores of ore, and appears to be opening wider
and showing indications of improvement. The
stopes in the back of the 42 East will yield one
ton to one and a-half ton of good quality ore per
fathom."

The current prices for the Jamaica Mines not
officially quoted are as follows :—Metcalfe, i to R-
premium; Sue River, i to k discount ; Port Royal,
i to i premium.
The last week's railway receipts ascertained up
to this day are in round figures as under :

1854. 1853.
Great Western
North-Western
Brighton ................................
Midland
South-Eastern 13,559 11,768
Great Northern .................... 18,761 13,552
Caledonian, and Edin. and Glasgow 13,608 12,478
Lancashire and Yorkshire 17,796 17,273
York and North Midland, Newcas-
tle and Berwick, Leeds Northern 26,487 23,111
Railway Shares are looking up again, and at the
present moment they may be quoted rather higher
than in the official list below given, and which is
not made up to quite so late an hour as that at
which we are now writing. The cause of the rise
is the same as has acted upon the English funds.
The business done has not been large. York and
North Midland and Great Northern have been
most buoyant. French shares continue extremely
dull, from paucity of business.
The Gold Mine Shares have been quiet at about
previous rates.
The shares of the Joint Stock Banks have been
neglected.
There have been one or two bargains in the Dock
Shares, and the Australian Land Companies aro
nominally about the same.

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

_
Business done.
1 per Cent. Reduced Annuities 924 I
3 per Cent. Consols Annuities 9li 5 24
New 31 per Cent. Annuities 93 5 13
Consols for Account 15th Feb. 9IB A 21 2
Exchequer Bills, ld.
£1000
XOOO
........................................ 17 20 P
Sl
17 20 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent.
Equador Bonds
Grenada Bonds, Deferred
Mexican 3 per Cent.
Ditto for the Account 255 5
Russian Bonds, 1822, 5 per Cent. £St lO4 45 45
Spanish Bonds, 3 per Cent 4O
Spanish New Deferred, 3 per Cent ......
Ditto Passive (Converted)
Spanish Committee Cert. of Coup. not fun 34 p c
Dividends on the above payable in London.
Dutch Exchange, 25 per Cent. 12 Gull
Ditto 4 per Cent. Certifieates
HALF-PAST TWO.

91
Cvoitn,s_ol.s .
....................................
ornary Account ............... 91i /

DECLINE IN THE PRICES OF GRAIN IN IRELAND.--
Notwithstanding the imminence of a continental war,
prices of corn continue to decline in Dublin, and, as the
consequence, another fall has taken place in the staple
article of food. The tone of the provincial corn notes
received harmonizes with that of Dublin. In Limerick,
on Tuesday, there was a dull market for all kinds of
grain—the slpply fair, but the demand exceedingly
languid.
SOUTH SHROPSHIRE ELECTION.—yesterday the elec-

tion of a knight of the shire for the southern division of
Shropshire, rendered vacant by the death of the Hon.
R. H. Clive, took place at the Town-hall, Church
Stretton. Mr. M. G. Benson nominated, and Mr.
Edward Corbett seconded, Mr. Robert Clive (late M.P.
for Ludlow), as a fit and proper person to represent this
division of the county in Parliament. No opposition
being offered, a show of hands was taken, and the hon.
gentleman was declared duly elected. Mr. Clive thanked
the electors for the honour conferred upon him, and the
proceedings terminated with a vote of thanks to the
under-sheriff, who conducted the business of the election
in the absence of Mr. Slaney, the recently appointed
high sheriff.
IPSWICH MAGISTERIAL REFOR3L—A petition to the
House of Commons, praying the Legislature to appoint
a stipendiary magistrate for the town of Ipswich, is in
ovum of biguature,