The Sun.
London, England, 1853-04-27 00:00:00

MONEY MARKET AND COMMERCIAL
INTELLIGENCE-(THIS DAY.)

CITY, TWO 0 CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 5,000 bales, all to the trade. The
market was very tame, with a large supply. The
sales comprised 4,000 American, 130 Pernam and
Maranham at qd. to 7d., 50 Bahia at 6-1-d., 400
Egyptian at 54d. to ls. 3d:, 400 Surat at 314. to
4gd., and 20 Sea Island at is. 9d. to 2s. 2d. per
lb. Railway shares were flat, at lower prices.
Three or four vessels have arrived from Australia,
the latest dates they bring from Port Philip being
January 12. There are a few items of intelligence
that possess interest. The John Taylor, from Mel-
bourne, has on board 10,847 ounces of gold; the
Clifton, 27,507 ounces from Sydney ; and the Sir
Robert Sale, 20,000 ounces from Geelong. Respecting
the wool clip, the advices appear to be favourable.
Large quantities were coming into Melbourne,
and were being rapidly shipped, but it is probable
very little will arrive here in time for the May
auctions. The quality is described as being good,
but a considerable proportion is in the grease. The
letters from the settlers in the [interior state that
labour was much more abundant, but that this
alteration did not occur in time to allow of the
wool being washed as carefully as on former occa-
sions. The Legislature were busy in passing the
Melbourne and Hobson's Bay Railway Bill, and
there is every prospect of this important under-
taking being carried out by local capitalists. The
sum of 100,0001., it is estimated, will suffice, and
large contracts for timber were already taken in
the neighbouring colonies. The railway will be
carried out upon a pier so far into the Bay as to
allow of at least 40 ships lying alongside, and trains
will run every quarter of an hour. This disposes,
we presume, of the Melbourne Dock and Railway
Company started here a short time back.
The advices from the Eureka "diggins" were
satisfactory, but there was not so much gold ob-
tained there as at other fields. The Creswick
gold field was also well spoken of. The last price
of gold at Geelong was 31. 10s. 3d. per ounce. The
Union Bank of Australia was issuing bills at 6 per
cent. discount, 30 days. The labour market was
well supplied by recent arrivals, but tradesmen and
agricultural servants found ready employment.
The escort which reached Melbourne on the 9th
January brought 20,007 ounces of gold from Ben-
digo and Mount Alexander.
The Australian. Cordillera Company have issued
a statement of their plans, and these appear to be
satisfactory. A few miners will be sent out to
work the quartz property leased from the Australian
Agricultural Company ; but the bulk of the labour
will be sought in . the Colony, where it can be had
cheaper. Quartz breaking with machinery will be
a much better test of what companies can do than
mere digging for gold.
The Agua Fria Mining Company have had their
first remittance of gold delivered to them this
morning.

A dividend of 7s. 6d. in the pound has been de•
dared on the estate of Messrs. °oilman and Stol
terfoht.

There was a meeting of the Galvanised Iron
Company this day, but it was only formal, and in
compliance with the Winding-up-Act, and of no
public importance.
The meeting of the Great Indian Peninsula Rail-
way Company this day paired off very satisfactorily,
in consequence of the able and lengthy explanation
afforded by Lord Wharncliffe, as to the engineering
difficulties and commercial-prospects of the under-
taking. The directors hoped that their plan for
the extension of the line over the Ghauts would
receive the sanction of the Government of India,
in which case any further capital would be guaran-
teed at five per cent. as before. His Lordship
stated that the average cost of the line might be
taken at 8,800/. per mile, and that the inclines
over the Ghauts would not be more difficult than
those of many of our railways. The report of the
directors was adopted unanimously.
The rates for bills of exchange on the principal
Continental cities were firm yesterday afternoon.
Paris, 90 days', was taken at 25 25 to 272: Amster-
dam, 11 18 to 182; Hamburgh, 13 71. to 8; and
Trieste, 11.5 to 8.
Public Securities have been very firm, but there
is not much business doing. Consols realise 100 k
to 101 for transfer, and 1001 to 101 for account.
The New 31 per Cents, have been 103 g to
Bank Stock is firm, at 2262 to 2272. Indian
Stock brings 262. Exchequer Bills of June are
4s. to Bs. pm., and India Bonds 355. pm.
Foreign Securities have been very quiet. Peru-
vian Deferred have touched 682, and the scrip is 4
to 42 pm. Brazilian New 42 per Cents, are 1001.
The Swedish Loan is at 14 dis. Dutch 22 per
Cents. have been as low as 642 to 652. Nothing
has been done in Spanish Bonds.
In Railway Shares there is not so much doing, I
the arrangement of the account being now chiefly
attended to. Prices, however, have an upward
tendency for the Great Northern, the Lancashire
and Yorkshire, Midland, and several other lines.
North-Western continue fluctuating in consequence
of the intended increase in the capital for the pur-
pose of extension. ' French Shares are heavier, and
the many new lines that are being sanctioned
would prove a drawback upon the position of the
old companies.

The d old Mine Shares are steady generally, and
the Agua Fria have risen f.
The shares of the Agricultural Company have
rallied 2/. to 3/. The British American Land also
are better.

The Joint Stock Banks after yesterday's depres.
sion are rather looking up.

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

Business done.
Bank Stock
3 per Cent. Reduced Annuities IOOA 100 4
3 per Cent. Consols Annuities
New 34 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860
India Stock 262
India Bonds, £lOOO
South Sea New Annuities
Bank Stock for Account 2274 ,
Consols for Account
Exchequer Bills lid. June. March,
£lOOO 8 4
£5OO 8 4
Small 8 4 3
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Br='Han Bonds, 5 per Cent. —
Ditto Small

Ditto 5 per Cent. (Rothchild's) lOOl
Ditto New, 1852, 43 per Cent lOOl
Equador Bonds
Mexican 3 per Cent.
Peruvian Bonds, 43 per Cent.
Peruvian scrip 4 p
Peruvian Deferred 3 per Cent.
Portuguese Bonds, 4 per Cent.
Russian Bonds, 5 per Cent.
Ditto 41 per Cent 1043
Sardinian Bonds, 5 per Cent. 93
Swedish Loan ....... ........... ... ........
Dividends on the above payable In London.
Belgian 43 per Cent.. lOO3
Dutch Exchange, 21 per Cent. 12 Guil.

Consols
Ditto May Account

HALF-PAST TWO,
100 j 1
1001 1

OCEAN PENNY POSTAGE.—A bazaar in aid of the
funds necessary to agitate this movement was opened at
the Manchester Exchange yesterday. The goods gra-
tuitously furnished from all the large towns of the three
kingdoms are valued at 1,5001. to 2,0001., and 17 stalls
have been opened for their sale. The attendance was
very large, and money was coming in fast. Elihu Bur-
ritt was present, but Mrs. H. Beecher Stowo had been
unable to come in consequence of precarious health. The
first letter, dated Glasgow, April 15, said it would be
impossible for Mrs. Stowe to come on account of her
health ; but a subsequent note said Mrs. Stowe would
come to Mancher if it were possible, but it must remain
uncertain.
QUARTZ ROCK MARIPOSA COMPANY.- -This Company
state, that they have been informed by their agents in
California, under date the 14th of March, that they had
received the report of the superintendent of the com-
pany, who had surveyed, tested, and assayed the quartz
of the veins at Maxwell's Creek, on the Merced River,
and had also examined all the calculations furnished by
the proprietors with regard to the profit to be derived
from working them. These calculations, it is alleged,
showed that by the crushing of 30 tons of quartz per
day there would be a net gain to the company of 4,5001.
per month, and, the agents therefore had concluded the
purchase of the mines, with all the machinery, buildings,
&c., and were making arrangements for immediately
working the company's heavy machinery.
CoLorirAr, GOLD COMPANY.—At the annual meeting
of this company held yesterday the reports and accounts
were unanimously adopted. The report entered at
length into the origin of the undertaking, embracing the
whole proceedings from the period of obtaining the char.
ter, in March, 1852, limiting the responsibility of share-
holders to 51. per share, down to the date of the last
accounts from the colonies. The contract with the Great
Nugget Vein Company, the profit made on the purchase
of gold, the satisfactory conduct of their staff, and the
ultimate anticipations of a successful result were the
points mentioned. The remittances,made on account of
the purchases of gold already showed a profit of about
8,100/., and others were shortly expected. In reply to a
question, the chairman stated that there was no intention
on the part of the directors to make a call.
CARLOW ELECTION.—The election of a representative
for the county of Carlow in Parliament, in the room of
the late Col. Bruen, took place on Monday at Carlow,
when Captain N. M'Clinitock Bunbury was returned
without opposition. A troop of dragoons and a com-
pany of the 81st Infantry were drawn up in front of the
Court-house,inside and about which a large number of
constabulary were statiozed. There was not, however,
the slightest necessity for their presence, as there were
scarcely fifty electors and non-electors assembled on the
occasion. The proceedings did not occupy more than
half an hour, and were conducted in the quietest pos-
sible manner.