The Sun.
London, England, 1853-08-12 00:00:00

'MONEY MARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at 7,000 bales, of which 1,500 Ame-
rican were taken for export and on speculation.
The market was tame, but closed steadily. The
sales comprised 5,000 American, 350 Perham and
Maranham at 6id. to 7/d., 900 Egyptian at 6d.
to Bd., and 500 Surat at 3id. to 41d. per lb.
In Railway shares a good business was done at im-
proved prices.

In the produce markets there is some dullness
this week, the supply of goods offered being suffi-
cient for the demand, however, and therefore pre-
venting an advance in prices. The settlement of
the Eastern dispute has its effect more particularly
upon tallow and other articles mainly obtained from
Russia. Sugar will perhaps not be so largely in
demand for the Baltic ports, as the supply can now
go on in the usual course without fear of blockades
or interruption. Tea has been dull, cotton con-
tinues steady, and ride is not supported, owing to
the decline in grain.
The letters from the Continent refer in terms
of high satisfaction to the arrangement of the
Eastern dispute, and we may now expect to
see business operations resumed with greater
confidence. There were many departments that
languished sensibly within the last fortnight, and
but for the healthy condition of the American and
Australian markets, ourselves, as well as the
French, would have suffered materially. Referring
to the American trade more particularly, it should
be remarked that the demand for European manu-
factures has seldom been so well sustained as during
the present year. The vast addition to the popula-
tion arisug from immigration, the ample supply
of the precious metal from California, and the pro-
ductive harvests, have widened the circle of consu-
mers, andadded to the means of the humblest, while
a comparative absence of speculation places the
American trade upon a basis far sounder than in
former periods of so-called " prosperity," but
which, with much that was real, combined more
that was artificial.

The screw steamer Lady Jocelyn left Point de
Galle on the 26th June, and is expected here on
the 30th or 31st inst.

In English Securities there is very little doing,
the payment of differences just occupying the
attention of the jobbers, many of whom are pre-
paring to leave town ; consequently a "dull time"
may be anticipated, unless the public, who by the
Eastern complication have been deterred from buy-
ing, have not otherwise invested their surpluses,
and buy to any extent. There is no large supply
of stock on the market ; and, despite the readier
means existing for employing money in mercantile
and industrial channels, it is by no means certain
that discounts will yet become dearer. A large
quantity of foreign grain has already been paid for,
and the superb harvest weather alleviates the
apprehensions so generally felt, and, as usual, so
interestedly stimulated. With the preservation of
peace, how ever, there will naturally be a re-
newal of the attempt to introduce foreign loans
and schemes, and as long as premiums can be had
there are always parties ready to subscribe. As to
the capitalists, who take the initiative, they turn
these matters to good account, whoever may suffer.
Still there is not the same opportunity of pressing
forward crude projects when money can command
a fair price, as when it is a mere drug, and in this
sense it will be absolutely beneficial if discounts
are maintained and trade continues sufficiently
brisk and remunerative to offer some counter at-
traction.

Consols have been very firm at 98i 1. During
the account now brought to a close, they have
alternated from 981 to 96, having been highest
from the 21st to the 25th July, and lowest on the
Oil inst. The New 3/ per Cents. have been done
at 1011 to 0, and the 3 per Cents. at 98 to 99.
Bank Stock has been supported at 2281. Exche-
quer Bills are Is. to 3s. discount, and India Bonds
17s. to 18s. prem.
In Foreign Securities the trausactions have been
limited. Spanish 3 per Cents. have been 474, and
the Deferred 231. Mexican Bonds have been very
firm at 26! and Peruvian at 801. The latter of
these securities having been perseveringly" beared"
for a long time past, with an absolute scarcity of
stock and the fact of money being in hand sufficient
for two or three dividends, and one of 2i per
cent. payable in a fortnight, will probably at-
tract the attention of capitalists. The bugbear
of a war with Bolivia being looked upon with the
greatest indifference by those best acquainted with
all the circumstances, and well aware that the Re-
public can make no effectual resistance, and will
probably force its own unpopular and obstinate Pre-
sident to resign. Brazilian Old Bonds have been
quoted 101 k. Dutch 2 per Cents. have been 641
and Russian 3 per Cents. 117/.
In the English Railway Shares there is very
little doing, and they scarcely maintain the highest
prices of yeterday. Sambre and Meuse are higher.
Gold Mine Shares are neglected, and Nouveau
Monde and Agua Fria are lower.
The Australian Bank Shares are dull, and the
Land Companies steady. Netherlands Land have
improved.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(Prom the Official List.)
Business done.
Bank Stock ......... —228 i
3 per Cent. Reduced. Annuities.. ......... 99 81-
3 per Cent. Consols Annuities
New 34 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860
[ndia Bonds, £lOOO ..... ..............
Ditto, under £lOOO lB
Consols for Account Bth September 9Bi
Exchequer Bills, ld.
£lOOO ..........
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent
Buenos Ayres Beads, 6 per Cent 63
Mexican 3 per Cont.
Peruvian Bonds, 43 per Cent. B3
Russian Bonds, 5 per Cent. 1.171
Spanish Bonds, 3 per Cent 47
Spanish New Deferred, 3 per Cent. 231
Dividen.:s on the above payable,in London.
Belgian 4A per Cent,
Dutch Exchange, 2 per Cent.
Ditto 4 per Cent. Certificates .
HALF•PAST TWO.

Consols .
Ditto S3p6-ember Account 9B t

His Royal Highness Prince Albert, attended by the
Hon. Colonel De Ros, visited Lindsey-house, Chelsea,
on Friday, and inspected Mr. Martin's series of pictures
in illustration cf the "Last Judgment."
THE AGUA FRIA. GOLD COMPANY.—The following
memorandum is from the Agua Fria Company :—"The
Agua Fria Gold Company have received advices of the
shipment of 461 ounces of gold, obtained from the work-
ings at Gold-hill from the 6th to the 28th of June last."
SMOKE NUISANCE.—We are happy to find that the
example of the enterprising owners of the Genova, now
on her return from the Mediterranean, has not been lost
on the steam-vessel constituency of the port of Liver-
pool. The Lord Morpeth, whose furnaces are fitted ac-
cording to Mr. Lee Stevens's system, now exhibits a
striking and pleasant contrast with the other Woodside
ferry boats, and with all other steamers that contribute
to the smoke desecration of the Mersey. No wonder,
then, that an invention so inexpensive of construction,
simple, effective, and economising of fuel, should be ex-
tensively patronised in the metropolis, and wherever
else its merits have been practically made known.—
Liverpool Chronicle.
POST-OFFICE RECEIVING-HOUSES.—Yesterday a return
was printed showing that in London there are 374 re-
ceiving-houses, and the number of collections daily from
each receiving-house is stated to be from 2to 11. The
proportion of the population to each receiving-house is
6,316. The number of offices at which money-order
business can be transacted is 61, and the proportion of
the population to each is 38,725. The number of deli-
veries daily is from 3 to 10. Similar information is
given as to other places. In Dublin there are 30 re-
ceiving-houses ; in Edinburgh, 24 ; in Glasgow, 10 ; in
Liverpool, 36 ; in Manchester, 43 ; and in Birming-
ham, 16.
DEPARTURE OF THE GREAT BRITAIN.—At three o'clock
yesterday afternoon this gigantic steamer quitted the
Mersey for Australia, carrying the mails, 364 passen-
gers, and 600 tons of cargo, which it seems is now more
profitable than "fares." She is still under the com-
mand of Captain Mathews, and has a crew of 140 men.
From the alteretions in her rig and the improvements
in the screw, it is anticipated that she will make an ex-
ceedingly rapid voyage. Indeed so confident are the
owners of this, that they have engaged to return 2/.
on the 81. per ton charged for freight if the voyage
exceeds sixty-five days. The Great Britain was accom-
panied to the rock by several steam-boats. Crowds of
spectators witnessed her departure, and cheered her as
she steamed along the river, while salutes of cannon
were given on all sides.

EXPLOSION AT THE ZOOLOGICAL GARDENS, BRISTOL.
—Yesterday (Thursday) afternoon,. shortly before one
o'clock, a very serious explosion occurred at the Zoolo-
gical Gardens, Clifton, Bristol, which, however, was
unattended with loss of life. It appears that prepara-
tions were making for a grand gala on Monday next, for
the benefit of Mr. Gyngell, the celebrated pyrotechnist,
who has a shed in the gardens, near the bear pit, for the
manufacture of fireworks. At the time of the accident
some of the parties in his employment were engaged in
ramming the composition into the rocket cases, when,
from some unknown cause, the materials ignited, and a
terrific explosion ensued, by which the whole of the shed
was blown into the air, and the fireworks that had been
already made were destroyed. Two of the workmen
were seriously injured, and one of them so severely that
he had to be at once conveyed to the Bristol Infirmary.
Hopes are, however, entertained of his recovery.