The Sun.
London, England, 1853-11-04 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 5,000 bales, including 1,000 American
taken for export and on speculation. The market
was steady and firm, with prices of all kinds the
same as on Friday last. The sales comprised 4,000
American, 200 Pernam and Maranham at 6d. to
7d., 100 Bahia at 61d. to 6Td., 250 Egyptian at
51d. to 61d., 500 Surat at to 4,1 d., and 100
Sea Island at Is. 4d. to Is. 7d. per 10. Railway
Shares were very buoyant, at an advance of 1 to 2
per cent. on all the leading stocks.
In the Produce Markets this week the transac-
tions have not been large, either privately
or by public sale, and the holders, finding
prices are not fully maintained, keep back their
goods in expectation of an early improvement.
The number of persons out of employment in the
manufacturing districts tends to limit consumption.
Sugar, tea, coffee, and spaces have maintained full
quotations. Rice also has been firm. Cotton has
not attracted much attention, but keeps at its
value. In dye goods the operations have been
small. Cochineal and indigo have both had rather
a downward tendency. Spirits are steady. Pig-
iron has not been very active.
In their remarks upon trade in the manufactur-
ing districts, Messrs. McNair, Greenhow, and
Irving write from Manchester, as follows :
" Since the date of ours, last month, the 'absence
of continued steadiness may be considered locally as one
of the most prominent features ; change and fluctuation
having alternately succeeded each other—a result which,
as we on a former occasion mentioned, need not now,
we repeat, occasion surprise, when all the adverse ele-
ments are taken into consideration. The most important
of these has, undoubtedly, been the unsettled difficulties
of the Eastern question, which had, up to Saturday last,
continued to throw additional uneasiness into commer-
cial transactions, and, not least, but next, the acknow-
ledged deficiency of the late harvest, coupled with the
very unfavourable weather which has prevailed during
the month for wheat sowing. The Eastern question
has, no doubt, also materially contributed to en-
hance the value of grain, which would appear
to be gradually advancing, with a more favour-
able state of the weather, which at the moment appears
to us to be the most important element ; and a settle-
ment of matters between Turkey and Russia, business
in this neighbourhood would be soon restored to a healthy
and active condition. But to return more immediately
to our own market. No really unfavourable report cau
be reported as to that. Until about the 16th, it con-
tinued dull and lifeless, with a decline in values. Upon
the receipt of better accounts from Bombay and Cal-
cutta, then a better feeling became evident, and tran-
sactions were entered into very freely, which had the
effect of securing cloths suitably adapted, at the low
rates previously ruling. The prices to-day for 51b. 40z.,
61b., and 71b. are fully 10. to 3d. per piece dearer ;
71b. 14oz. shirtings were sold also at 7s. 6d. per piece.
Yarns, too, in 40's, 50's, and 60's, were sold also
cheaper than they now can be purchased at ; and mule
twist for India cannot be had under an advance of id.
to Ad. per lb."

The following report upon the silk trade is by
Mr. Henry W. Eaton
" Since the public sales, the result of which was re-
ported to you on the 20th ult., oar market has con-
tinued quiet, and will doubtless remain so until the
question of peace or war is settled. The accounts just
received from Shanghai, dated Aug. 27, report the set-
tlements for new silk to have been carried out far more
easily than had been expected, and there is every reason
to hope that the supply will be adequate to the in-
creased consumption. The Exchange, however, had
advanced to 7s. 9d., which would render the cost of the
more recent purchases higher than had been antici-
pated, say best Tsatlees above 20s. In Bengals there
is but little doing, the high prices paid for the Rainy
Bund silk (now arriving) inducing importers to expect
more than can at present be obtained. In Brutia, the
imports of the month remain unsold. In Persians no-
thing doing, the present unpaid stock consisting of only
second and third qualities ; some of the new crop may
be expected during the month. The Italian market has
fully participated in the general quiet."

The Colonial wool sales have improved since
Wednesday, and there is an increased bUsiness
doing, the more buoyant condition of the Money-
market inspiring confidence.
The ship Phoenician, from Sydney, brings ad-
vices of July 27 only, but she has on board 29,650
ounces of gold.
The amount sent away by the Peninsular Com-
pany's steamer this day is 433,5001.
The English Funds have been more fluctuating,
having opened well, and gone flatter since owing
to the news from Bucharest. Consols have been
95k, and since 948 for transfer, a little money stock
having come to market. The account prices have
been 94a to 4, and are now 9411 to Bank Stock
has been worth 214 to 216. Exchequer Bills are
worth is. to ss. premium, and India Bonds Is.
disnount to 4s. premium. The New Three-and-a-
Quarter per Cents. have been at 948 to 951, and the
Three per Cents. 938 to 94.
Foreign securities have been rather moderately
dealt in. Spanish New Deferred are worth 211,
and the Committee's Certificate 5 to sf. Por-
tuguese Four per Cents. have been at 414. Mexi-
can Stock has been at 26.1; to Peruvian Bonds
are higher, being 72 to 73. Equador Stock is at
si. Dutch Four per Cents. have been at 94.
The Railway Share Market has been without
any marked change, but on the whole is firm.
Foreign shares have been improving, and there is
a rise in Sambre and Meuse, Luxemburg and
Northern.

The Gold Mine Shares have been quieter, but
the Land Companies' have been in request again.
The Joint Stock Bank Shares are very active, at
fuller rates.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Business done.
Bank Stock ............. ............ 216 14
3 per Cent. Reduced Annuities 94 3$ 4
3 per Cent. Consols Annuities 951 4i 58 41
New 31 per Cent. Annuities 96 5$ 1
Long Annuities, Expire sth Jan., 1860
Dittc 30 Years, Expire 10;1 Oct., 1859 -16
Ditto 30 Years. Expire sth Jan., iB6O 5B
India Bonds. .V.OOO
Ditto, under 21000 1 d 4 p
Consols for Account
Exchequer Bills, 2d.
£l000
2500 2 5 1 4 p
Small 2 5 1 4 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Danish Bonds, 1823, 3 per Cent
Ditto 5 per Cent
Equador Bonds . 5l
Mexican 3 per Cent.
Ditto for the Account..
Peruvian Bonds, 4i per Cent. 72
Ditto Deferred, 3 per Sent 5O!
Portuguese Bonds, 4 per Cent 4l
Russian Bonds, 1822, 5 per Cent. St ll3
Sardinian Bonds, 5 per Cent 92A
Spanish New Deferred, 3 per Cent. 2ll
Spanish Committee Cert. of Coup. not fun. 58 5 p c
Dividends on the above payable in London.
Dutch 4 per Cent. Certificates
HALF-PAST TWO.
Consols
Ditto November Account 941

EPSOM RACES.

(THIS DAY.)

(BY ELECTRIC TELEGRAPH.)
DUBDANS PLATE.
Mysterious Lady

Nine ran.

THE RIOT AT BLACKBURN.

BLACKBURN, Nov. 3.

Things are yet in a very unsettled state in this town.
The inhabitants were treated to a new species of annoy.
ance the whole of last night, in the firing of guns every
minute or two, from some mill or mills thought to be in
danger. How such a noisy manifestation could do more
than disturb quiet people, it is difficult to imagine. The
circumstance is a curious illustration of the way in
which every man here does what is right in his own
eyes. Now that the worst part of the fray seems to be
over, innumerable and most disgraceful instances of
savage injury come to light, such as must reflect per-
manent discredit on this town, already so notorious for
its inveterate political animosity.
The questions still remain unanswerea—Why was the
town allowed to be left in the hands of a mob for six
hours, or, indeed, till it chose to retire ? And what
measures are to be taken to prevent the renewal of
scenes so disgraceful to a civilised country ?

THE WINE DUTIES. - Mr. Oliveira, M.P., having
recently made an extensive tour in the South of France
and Germany, to collect information upon the various
heads of inquiry involved in this question, has for s•me
time past been in Manchester, consulting the leading
commercial firms, and the free trade party, with a view
to obtain their co-operation in his intended motion for a
reduction of the wine duties, on the re-assembling of
Parliament.

HOTEL ADMINISTRATION.—We understand that seve-
ral important improvements in our social system, in
reference to hotel requirements, are being carried out in
some few of the establishments in London, and which
are doubtless due to the recent agitation of the press.
The proprietor of the Wellington, in Piccadilly—the
first to adopt an excellent and liberal caste, and
to place wines upon the table, in the imperial measure,
at fair prices—has, in addition to the extensive dining
salons, thrown open a suite of elegant apartments, to
subscribers of one guiner each, in which all the better
class hotel arrrngements have been blended with the
agremens and luxuries of the higher order of clubs. Those
who are acquainted with the style and comfort with
which Crockfords—now the Wellington—is adorned,
will readily recognise the especial advantages which are
offered to that portion of the million whose entre cannot
be objected to.