The Sun.
London, England, 1853-06-03 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 2,000 American
Ivere taken for export and on speculation. The
market ket closed firmly with more animation. Prices
all kinds much the same as on Friday last. The
ta,les
rcomprised 7,000 American, 250 Pernam and
4aranham at 6fd. to 7d., 300 Egyptian at bid. to
, and 300 Surat at 3d. to sd. per lb. Railway
w..?.rdnesewsdearye,s dull at a decline of 1 to 2 per cent. on
quotations.
~.;1211e colonial produce markets have been gene-
;V firm this week. Sugar, however, has declined
tegutlY• Coffee has been at full rates, tea in fair
quest at former rates, tallow quiet, rice firm,
saltpetre rather lower, and spices at about previous
iztees. Cotton is without alteration. The clear-
, of tea this week are reported to reach
u)uuu,ooolbs.
diiBl:ke Perusal of the letters from the manufacturing
do Acts affords matter for the strongest congratula-
inasmuch as the production of goods appears
e•
pe confined almost entirely to orders, and there-
ettiquite without the range of loss, while the ope-
vies were never so wel or so remuneratingly
ific4°Yed. The following extract of a letter from
cheessLtrsex:, A/Mir, Greenhow, and Irving of Man-
fully bears out our remarks :
boii","uitsuntide having fallen early this year, the great
ay season in the manufacturing districts, incidental
%a: arrival, requires, consequently, an earlier notice
int usual t° be taken of its consequent and habitual
iotrrfuPtion with the regular course of production and
and erence in the business interchange. A more willing
determined abandonment of labour on the part of
L'e, operatives was never at any time more apparent ;
and
that their appearance in vast and congregated
brace
seldom or ever, in the history of the country,
elgaioated a more thriving or prosperous condition. We
:.°Jace in this description, also, all artisans, whether
tiers stonemasons, bricklayers, porters, or labourers,
man it
others able, willing, and desirous to work. No
ghcr woman.* for employment (need, in this and the
co_e berniiouri
ng districts, be out of employment, except as
lg some ing and ha-
Itonicaly --and they areinterests—manufactur now happily few, which mustmec under
fonoraperous or adverse state of things, be always
last exceptional. It is but very seldom at this season,
,iiettYear it was so, we have it in our power to report
yarns a 9eneral and bond fide scarcity of either goods or
,Sarcit indee will not efficiently convey
ikplie we Wish to express; the fact being that as regards
none of any moment are to be met with ,
had -r can any reasonable quantity under contract be
less than six to eight weeks, and for some de-
-IPtlono of cloths more than that would be re-
to i.; The advance upon yarns generally amounts
pie,: u• per lb., and upon cloths to 3d. per
s
and -'
upon shirtings fully ; and upon 7-8 t
12d,:-B,lls. Printing Cloths, T and Long Cloths,
also 'i• per piece. Upon Domestics the advance
will be found to bo from 1-16th to an s per yard.
by "tBi advances are j
ustified from the demand here, and
the e position and increased value of cotton, which, in
qualie,?urse- of the month has, for good consuming
eol,„les, amounted to per lb. The demand for the
ge,7l-3. trade has been good during the month ; and the
tran—eral result will be found, as regards the month's
saactions, to be of an extensive character."
A
o'viees from New York state that there was a
wi•
lviard tendency in the Stock market. Money
meatslentiful, and parties were seeking invest-
ittgto• There was an indisposition to operate
eks
• The land sales of the Illunois State
o bk had gone off briskly, with a large attendance
dou'al.ers. The prices realised varied from sto 10
been 11 Per acre. Cotton was heavy. More had
but cottons
in dry goods. Woollens were steady,
There
rather cheaper.
of the
is a manifest improvement in the conduct
e„, 'V Banker's Magazine within the last few
iill'us• The number for June contains, among
ithfr interesting matter, a well reasoned article
0,7,11 the tendency to excessive speculation, another
a -:c-eYing a just rebuke to foreign defaulting States,
it:eference to the laws affecting banking, and other
or "us) including, some curious data under the head
tr.: the Anatomy of the Errors arising from the
usposition of figures."
The English Funds have been lower again, and
the transfer-books are now closed for Consols,.l
4,1.;• the next settlement will not take place until
1
g 57.2 the speculators have ample opportunity o
Thu_anging" the market, and are likely to use it.
tau''heourse pursued by the Bank of. England is
that
canvassed, and although it is admitted
'44 the demand for loans has greatly increased
st~the last two days, the amount of bullion is
;,r “. so large that there could be no present
caur
anxiety. The arrivals of gold are also consiA-
stable, bth from Australia and America, and
iiPeeie is returningo from Russia. Consols have
en
quoted 991- to for transfer, and after being
`"Z g for account, ex dividend, are as low
98/ 4. The New 3 per Cents. have
en 1048 to 2, and the 3 per Cents. 981 to 99.
Bank a,nStock has been worth only 229 to India
stock is heavy at 260. Exchequer Bills are worth
Par to is. premium.
The Foreign Securities have been quiet gene-
tally. Mexican Bonds have been worth 261 to 27.
Grenada Deferred are at 9i to 1. Peruvian 41
r Cents. have rallied to .86. Venezuela Bond
have been at 38. Dutch 4 per Cents. have been
10351 to 96. Russian 41 per Cents, have been at
way Shares have been all worse, the fall
beelug about to f per Cent. French Shares have
,01?. depressed Ito per Cent.
atin.
-Lne Joint Stock Bank Shares have been drooping
%m
The Land Companies Shares are much the
a,.
-...4°1(1 Mines are a shade lower.
Aietcalfe 4 to 1 prem. Port Royal Ito 1, and
a''''aica 41 to 51 prem.

tarr_,
i?'eli ri,• " •
,illic:ei: