The Sun.
London, England, 1853-10-12 00:00:00

MONEY MARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at 6,000 bales, of which 2,000 American
were taken for export and on speculation. The
market closed flatly without material alteration in
prices. The sales comprised 3,500 American, 120
Pernam Maranham at 6id. to 74-d., 180 Bahia
at 60. to 6.0., 100 Egyptian at 61d. to 10d., and
2,000 Surat at lid. to 4/d. per lb. Railway shares
were quiet.
The ship Orpheus, which left Adelaide on the
12th May, has arrived with 3,292 ounces of gold.
Her dates are very old.
The Overland Mail from India will bring, if the
telegraph be correct, more satisfactory information
as to the state of the markets both in India and
China. It frequently happens, however, that the
details in such cases do not bear out the original
and brief sketch first transmitted. By this oppor-
tunity we may expect very late accounts from Aus-
tralia, and presumably they will be rather more fa-
vourable as to the state of the import markets, be-
cause of the increasing arrivals. Referring to this
matter yesterday, we mentioned that only two
ships had left since the 29th ult. ; but we should
have said, " put on the berth." It was explained
yesterday, under this head, by the communication
from Messrs. Offor and Gamman, that although the
exports would probably fall off, there was likely to
be a fair demand still for shipping, and we think it
may be added that the corn and other branches of
trade would afford ample employment, and per-
haps for the moment a better remuneration to the
Owners.

There has been a revival to-day of the rumours
about the Bank of England intending further to
advance its rate of discount, but this point is in-
volved in the same uncertainty as ever, because
within the last two days money seems to have been
easier, say at the minimum of 5 per cent., although
good commercial bills have been currently done as
high as 51, and those of a less known character up
to 6 per cent. People in the provinces complain
that they can seldom get their paper done at what
is called the " Bank" rate in London, but it ought
to be borne in mind that at the Bank of England
the lowest change is stated, and that a preference
is given to customers and to bills which bear a
great many names. The large discount houses, for
example, take in paper to the Bank, and adding
their own indorsement may get it done at the mi-
nimum, but if they can obtain more money on
" call," as freely as they have done of late, we
presume they will not send in such amounts to
the banks as they did three weeks since. The
fact is, the Bank just now is crippled by
the small balance which the Chancellor of
the Exchequer keeps to his credit. Having
had about three millions of bills thrown back
upon him, when he reduced the interest last June
to Id. per cent. per diem, he has been compelled
to take part of the surplus to pay current liabili-
ties, and although we believe there were a few bills
re-issued and sold, it appears there must be more
yet to get into circulation. The advance in the in-
terest to 2d. per cent. per diem will facilitate this ;
and as there is a surplus upon the quarter's re-
venue of over 800,0001., this may be applied to the
payment of deficiency bills, so that Government
will get out of part of its debt to the Bank. To-
morrow the payment of the dividends commences,
and here again is a fresh demand which, for a time, will
absorb a considerable sum. The Bank, therefore,
cannot afford to be very liberal in its discounts
until the Chancellor of the Exchequer has suc-
ceeded in disposing of bills so as to strengthen his
balance.

The English funds have been weaker this morn-
ing, with a diminished business. The accounts from
the East are now so warlike that the greatest diffi-
culty exists in forming an opinion as to the probable
tenor of the next advices we may receive. Consols
have been 91i, and since, 91i for money and the
November account. The New 3i per Cents. have
been done at 92 to 93, and the 3 per Cents. at 90g.
to 3. Bank Stock has been steady at 217 ex div.
Exchequer Bills are ss. to 95., and India Bonds 2s.
premium.
The foreign securities have been very inactive.
Equador Bonds realise 4 ; Grenada Deferred, 201;
and Mexican, 24. Peruvian are heavy at 70. Rus-
sian 5 per Cents. have been marked 113, about the
previous quotation. Spanish 3 per Cents. are 44g.
Dutch 4 per Cents. have been 93k to ex div.
There has not been much done in Railway
Shares, and there is a downward tendency in many
instances. The lines which have shown this most
decidedly are the Caledonian, the York and North
Midland, the York and Berwick, and the Midland.
In these instances the fall is about 10s. per cent.
generally. French Shares are also flatter, but the
dealings have not been by any means numerous.
The Shares of the Land Companies have been
lower generally, and there are but few buyers.
The Australian Bank Shares have been dull.

BRITISH FUNDS THIS DAY.
(From the Official List.)
Business done
Bank Stock
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities 997.1
New 31 per Cent. Annuities 92 3 2i
India Bonds, 13000 .
Ditto, under £lOOO 2 p
South Sea Stock
Consols for Account
Exchequer Bills, 2d.
£l000
PRICE OF FOREIGN FUNDS THIS DAY.

Equador Bonds
Mrenada Bonds, 11 per Cent
Alexican 3 per Cent.
Peruvian Bonds, 41 per Cent. 7O
Russian Bonds, 1822, 5 per Cent. £ St ll3
Ditto 41 per Cent 9741
Spanish Bonds, 3 per Cent 44 i
Dividends on tho above payable in London.
t)utch Exchange, 21 per Cent. 12 Guil
Ditto 4 per Cent. Certificates ...
THREE O'CLOCK.

Consols 9li i
Ditto October A econnt 9li i

THE REGISTRATIONS.

WEST SURREY.

Archer Ryland, Esq., the Revising Barrister, held
his Fifth Court at the Town-hall, Guildford, on Monday
last, and revised the lists in the parishes of Albany,
Antington, Bramley, East Clandon, West Clandon,
Compton, Cranley, Ewhurst, East Horsley, West Hors-
ley, Holy Trinity, Guildford, St. Nicholas Guildford,
Send and Ripley, Shalford, Shere, Stoke-next-Guildford,
Wanborough, Wisley, Wonersb, Woking, and Wor-
plesdon.
Mr. G. Edgar Dennes, solicitor, of London, and Mr.
'White, solicitor, of Guildford, attended for the Re-
formers. The Tories were not represented.
The Reformers took 38 objections and sustained 36,
and 30 new Reform claims were allowed, making a
majority of 66 in favour of the Reformers on the day's
revision.

TIE GREAT DUBLIN EXHIBITION.—The number of
visitors on Monday, being the first day on which the
public were admitted at the low figure of 6d., amounted
to 10,630. It was apprehended that the recent terrible
railway accident would have seriously marred the
financial prospects of the Exhibition by deterring per-
sons in the country from availingithemselves of the cheap
trips offered by the several railway companies. There
does not, however, appear to be any good ground for
such apprehension, as a special train from Kilkenny ar-
rived on Monday morning, to which were attached 12
carriages filled with excursionists from that district.
THE FIRE IN BLACKBROOK COLLIERY, ST. HELEN'S,
LANCASHIRE.—The fire which broke out about a month
since in Blackbrook Colliery still continues, and the pro-
prietors are yet unable to work the mines, which takes
from the supply upwards of 3,000 tons per week, that
being the return from the colliery when in work.
DISASTER ON THE CLYDE.—FIFTY HEAD ;OF CATTLE
SMOTHERED.—A disaster occurred yesterday (Monday)
on the river, which has been happily unattended with
loss of human life, but which led to the death by suffoca-
tion of about head of cattle. The steamer Shamrock,
Capt. Stewart, left Sligo on the morning of Friday last,
for Glasgow, with a heavy cargo, part of which consisted
of live stock, to the extent of from 300 to 400 head of
cattle and about 50 sheep, which occupied both the deck
and 'tween decks. The steamer had a fine passage to
Greenock, arriving there at 7 o'clock on Saturday night.
After waiting for the tide, the Shamrock left Greenock for
Glasgow about two o'clock on Sunday morning ; but
when more than half-way up the river the rudder gear-
ing got out of order, and the vessel would not obey
the helm. After considerable efforts, the gearing was
temporarily arranged ; but, when about Dalmuir, it
went wrong a second time, causing the vessel's heel to
take the bank, when she lurched very much, and the
cattle pressing and crowding down upon each other to
leeward, by the inclined position of the vessel, she could
not be righted. One of the hands sustained some in-
jury, by the wheel flying round out of his hand with
great velocity, when the helm took the bank, throwing
him prostrate on the deck. With much difficulty the
steamer was at length laid alongside the wharf at Ren-
frew, and at daylight she was righted, by throwing the
live cattle overboard into the river, and guiding them
by means of boats to the bank. This operation was
attended with the loss of several of the cattle, which
were floated down on the stream, while those left on
board were all dead. Although the number has not
been definitively ascertained, we believe that about 50
were suffocated. The Shamrock, which sustained some
damage on the starboard paddle-box, was safely berthed
at the Broomielaw shortly after four o'clock yesterday
afternoon.—Glasgow Paper.
COMBINATION OF MASTERS.—Sixty employers in
Padiham have given notice that they intend closing their
mills on the 28th instant, owing to a rumour prevailing
of a contemplated demand by the men in their employ
for an advance of wages. This has caused immense ex-
citement in the neighbourhood.

NEWMARKET RACES.
(THIS DAY.)

(BY ELECTRIC TELEGRAPH.)
SWEEPSTAKES, 50 SOVS.
Weathercock
Cranbourne

Three ran.
BEDFORD STAKES.

Mincemeat
Four ran.
HANDICAP SWEEPSTAKES.

Khadijah
Songster
Nine ran.
TOWN PLATE.

Sackbut
Gossip
Seven ran.
Brother to Mountain Deer has arrived.

LATEST BETTING.
CAMBRIDGESHIRE.
10 to 1 agst Nabob (taken).
12 to 1 agst Orestes (taken).
16 to 1 agst Invasion (taken).
20 to 1 agst The Hatchet (taken).
20 to 1 agst Bit of Blue (taken).
25 to 1 agst King Pepin (taken).

DERBY.
7to 1 agst Autocrat.
10 to 1 agst King Tom.
20 to 1 agst Dervish.
Bto 2 agst Autocrat and King Tom.
4to 1 agst Scott's lot.

SPORTING NOTES.