The Sun.
London, England, 1853-04-07 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday
were estimated at 8,000 bales, of which 2,000
American were taken for export and on specula-
tion, with a firm and steady market. The sales
comprised 7,000 American, 240 Pernam and
Maramham, at Gad. to 7i-d. ; 80 Bahia, at 6d. ;
200 Egyptian, at 6d. to is. ld. ; 200 Surat, at
3kd. to 4d. ; and 100 South Sea Islands, at ls. 9d.
to 2s. 2d. per lb. Railway shares were very dull.
The six weeks' average price of wheat is 455. 2d.
per quarter.

- It is reported that a treaty has been concluded
between England and Egypt for facilitating the
transit of goods en route to India, and otherwise of
a very favourable character.
Further information, of a character which may
be considered official, has been received concerning
the intentions of the Chancellor of the Exchequer,
and the matter as it now stands assumes rather a
different complexion. The saving to the country
would appear, upon analysis, to be about ± per
cent., and this is, no doubt, quite as much as
Mr. Gladstone could venture upon at once.
The amount involved is so very moderate,
30,0001., that it may be considered as being
merely the preliminary to a future and larger ope-
ration. Most parties consider that, properly brought
forward, there can be no doubt of the success
of the scheme, and it is seldom that we have
seen anything of the kind more popular, consider-
ing that various questions are affected in an injuri-
ous manner, and consequently that there would
very naturally be some opposition. With regard
to the stock held by trustees and corporations, there
may be no voluntary contribution, because it re-
mains invested for a very long period ; but bankers
and others who might calculate upon having their
money idle for a month or two will probably re-
ceive the new debentures with alacrity.
The English Funds have been particularly buoy-
ant, and an extensive business has been transacted.
The Ministerial project is exercising thus far an
important influence. Consols have been 1001 to
for Transfer, and 100/ to 101 for Account. The
New Three-and-a-Quarter per Cents, have been
103 to .1-, and the Three per Cents 99i to 100 k.
Exchequer Bills of March are 6s. to 10s., and India
Bonds 435. to 48s. premium. India Stock is firm
at 262. The bears being out so largely is perhaps
a main cause of the immediate rally.
Foreign Stocks have been rather largely dealt
in. The news just received from Turkey is very
favourable, the Russian Minister having had a
more favourable understanding with the Porte, and
the army of the Czar being ordered to retrograde.
The firman relative to the establishment of the
new bank had been published, and already a Turk-
ish functionary had left Constantinople for Pans
with a mission relative to the indemnity on
the loan. There have been no bargains in
the scrip this morning. Greek Bonds are
still in demand, and have been done at 91
and 91- ; the Deferred Stock is 11a Equa-
dor is worth 6. Brazilian 41 per Cents, have
been quoted 981 to 99. Mexican Bonds are the
same as yesterday, being 27i Peruvian Scrip
has risen to 41 pm. Spanish Certificates are steady,
at 8A per Cent. ; and the New Deferred Bonds
reahse 241 and 25. Dutch 4 per Cents. bring
971 to 1.
The last week's railway receipts ascertained up
to this day, are in round figures as under :

1853. 1852.
Great Western £19,087 £16,784
North Western 48,694 43,246
South Western 10,940 9,680
Brighton 10,382 9,755
Midland 23,120 21,682
South Eastern 14,244 10,882
Caledonian
Great Northern
Lancashire and Yorkshire
York and North Midland
Newcastle and Berwick 15,077 14,226
A large business has been done in Railway Shares,
and they are all decidedly higher. Caledonian have
advanced 11., Great Westernl/. to 21., North-Western
11. 10s., to 21., South-Western 11., Midland 1/. to
21., North British 11., and Oxford, and Wolver-
hampton 21. South-astern are up 21., York and
North Midland 2/. to 3/. All the others are pro-
portionally higher. French Shares are all better,
the advance in Lyons being Ito and in Stras-
bourg

Gold Mine Shares are rather duller, but gene-
rally firm. _ _

The Land Companies have been at rather fuller
rates, and British American especially are in de-
mand, at a rise of 1/. to 2/.
In the shares of the Australian Banks there is
very little doing, and the Chartered Bank of India,
Australia, and China, have rallied to 1i premium,
in consequence of the statement that they did not
receive the letter sent to some of the other banks,
referring them to the colony for a charter ' • conso-
quently it is presumed that they will obtain one
from the Home Government.

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

Busbies.; done.
3 per Cent. Reduced Annuitie5............... 1008 991
3 per Cent. Consols Annuities
New 31 per Cent. Annuitie5..............
India Stock
India Bonds, £1000...
Ditto, under £lOOO.
Consols for Account
Exchequer Bills, lid.
£lOOO
2500 .
Small

,
43 8
1001 1 100 i
June. March.
6 10 6 10
6 10 6 10
6_lo 6 10

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cont. - x d
Ditto New, 1852, 4i per Cent 9Bi 9
Danish Bonds, 5 per Cent.
Equador Bonds 6
Grenada Bonds, Deferred,
Greek ex over-due Coupons
2 Mexican 3 per Cent 7i i
Ditto Account April 15, 24
Peruvian Bonds, 1849, 4i per Cent.
Peruvian Scrip
Sardinian Bonds, 5 per Cent..........
Spanish New Deferred, 3 per Cent 24i 5
Spanish Committee Cert. of Coup. not fun 8} 4 p e
Venezuela Bonds 3i 2 per Cent.
Dutch Exchange 2i per Cent 66 B
Ditto 4 per Cent. Certificates..
HALF-PAST TWO.
1008 i
100;41

Consols
Ditto April Account ,

THE MADIAIS.—The King of Prussia has offered the
Madiais alk,atylum in his country, but it is thought that
they will prefer proceeding to England.
BANK OF ENGLAND.—A court of proprietors of the
Bank of England was held yesterday, at the Bank, for
the election of 24 directors for the ensuing year, when
the following gentlemen (forming the house list) were
duly elected :—Henry Hulse Barens, A. E. Campbell,
E. E. Chapman, Robert Wigram Crawford, William
Cotton, Bonamy Dobree, Benjamin Buck Greene,
Charles Pascoe Grenfell, Henry Hucks Gibbs (new
director), Thomson Hankey, jun., John Oliver Hanson,
J. B. Heath, Kirkman D. Hodgson, Henry L. Holland,
Thomas Newman Hunt, A. Latham, James Malcolmson,
James Morris, Sheffield Neave, G. Warde Norman,
John Horsley Palmer, Henry J. P. Prescott, Alderman
William Thompson, and Thomas Tooke, jun., Esqs.
DIVIDEND DAY AT THE BANK OF ENGLAND AND SOUTH-
SEA HOUSE.—Notice was issued yesterday at the above
monetary establishments, that the April willdividends
be in course of payment to the public on and after
to-
morrow morning, the Bth inst. ; and that the transfer
books at the Bank of England, &c., for the following
annuities, due the sth_ inst., will be opened on the wi-
de entioned dates, viz. :Bank Stock, Reduced Three
per Cent. Annuities, Long Annuities, and Annuitiesh for
Terms of Years, on Friday, the 15th inst. ; and T ree.
and-a-Quarter per Cent. Annuities, on Tuesday, the 19th
inst. At South-Sea House the transfer books on South-
Sea Stock will be opened on Friday, the 15th inst.
FOREIGN RATES OF EXCHANGE.—The Bourse at Paris
is dull without any assigned cause beyond the anticipa.
tion of a great number of new schemes being introduced
upon the market. Gold continues to arrive from Lon-
don, but in very small quantities, as its importation
scarcely leaves the slightest profit. The St. Petersburgh
advices mention that the rates of exchange were again
more favourable for this country, the quotation being
388 d. The opening of the navigation was expected to
be late, owing to a continuance of cold weather.
SUDDEN DEATH OF DR. RICHARD 'CHAMBERS.--Yes-
terday morning Dr. Richard Chambers was found dead
in bed at half-past eight o'clock. Feeling slightly indis-
posed on Tuesday night, he had desired that his patients
should not be allowed to see him until half-past twelve
of the following morning. The deceased, who was in
his sixty-third year, was physician to the Royal Free
Hospital, the Cancer Hospital, the Dispensary for Con-
sumption and Diseases of the Chest, and the Blenheim-
street Dispensary,