The Sun.
London, England, 1853-08-27 00:00:00

THE SUN, LONDON, SATURDAY EVENING, AUGUST 27, 1853.

MONEY MARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK

- - - - - ---
The sales of cotton at Liverpool yesterday were
estimated at 6,000 bales, of which 1,000 were taken
for export and on speculation. The market closed
tame, but steady. Railway Shares were very flat,
at lower prices.

Nothing seems to arrest the downward course of
the stock of bullion in the Bank of England. It
may be, however, that the last arrivals by the
Harbinger steamer had not been brought into the
account for the week ending the 20th inst., but it
is generally supposed that the whole sum will be
gradually, if not speedily, absorbed for exportation.
At present there is much less inducement to ship
specie to France, because of the very long period
required to get it coined at the Paris Mint, and the
loss of interest in the interval, but it seems that
gold if no longer sent as a speculation, goes as the
only means of liquidating trade and share balances,
such is the scarcity of bills. This will probably
cure itself, as it will become profitable for the great
houses here, to make arrangements to draw upon
their correspondents abroad. The demand for dis-
counts is shown by the return, not to have abated,
but the circulation was rather smaller, owing to an
increase in the amount to the credit to the Govern-
ment. Compared with the former week, the ba-
lance sheet presents the following changes :
Active circulation £23, 002, 810
Decrease
97,205
Bullion ........................ 17,171,793
Decrease 137,781
Increase
................................... 3,351,848
Public Deposits 7,622
4,063,046
Increase
Other Deposits
Decrease
566,437
Seven-day and other Bills 1,482,038
Increase
Government Securities no alteration
Other Securities,
Increase , 265,229
Notes unemployed 7,644,880
Increase , 218,345
There was yesterday afternoon some irregularity
in the rates at which bills of exchange upon the
continental cities vere negotiated here. The ba-
lance of trade seems decidedly against us just now,
and hence but few of our merchants have bills to
dispose of ; and those who have payments to make
in France, Germany, or Holland, get less for the
pound sterling. Paper at 90 days was taken at 25
17i to 20 on Paris, and Antwerp at 11 14 to 171
on Amsterdam, at 13 5f to 6i on Hamburgb, at
1191 to 1196 on Frankfort, and. at 10 54 to 56 on
Trieste.

Rest

The New York accounts state that the Stock
Market was still declining. Money was tight. The
banks in Philadelphia were short of specie, and
much excitement prevailed in comequence. The
amount of ditties paid on foreign merchandise at
the port of Boston during the quarter ending the
30th June, showed an increase oi $362,148 over
the corresponding quarter of last var.
The exports of gold from Loncfm direct during
the week to Thursday last, were 0,902 ounces and
8,0001., and of silver 19,600 oz., dl but the 80001.
going to the Continent.
The English Stock Market has Teen lower again,
and the rough weather has, in cotjunction with the
diminished amount of bullion in the Bank of Eng-
land, an injurious effect upon prim. Consols have
been 97.4 to 98k, and the New 3iper Cents. 101 to
*. Bank Stock has receded to 24 Exchequer
Bills are ls, discount to Is. prem.,and India Bonds
15s. to 18s. prem.
The Foreign Market is still extemely inactive,
not half-a-dozen bargains being oficially recorded.
Buenos Ayres Bonds are steady at 65 ; Grenada
Deferred flat, at 9i to 10 ; and Nexiean at 261
Portuguese 4 per ents. are quoted 45, and Spa-
nish Deferred 231, both being heaiy.
Gold Mines are dull and rather veaker. English
and Australian Copper Smelting Campany's shares
are firm.

Not much is doing in Joint Stak Bank shams,
Union of Australia are a shade higher.
Land Companies' are neglected.
Railway Shares opened heavil), but have as•
sumed a firmer tone since. Norfok have risen
per cent., and Hereford, Worcestc, and Wolver-
hampton are 4 better. French shares are ne-
glected.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK,
(Prom the OSicial List.)

: Business done.
Bank Stock . 221
$
3 per Cent. Reduced Annuities. ...... 9B
3 per Cent. Consols Annuities .
New 31 per Cent. Annuities lOll 1
India Bonds, £l000
Ditto, under £lOOO l5
Consols for Account Bth September 9BA 7I 8 i
Exchequer Bills, ld.
~.;
£IOOO
.
11500 ldlp
Small
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK
Buenos Ayres Bonds, 6 per Cent 65
Grenada Bonds, Deferred
Mexican 3 per Cent.
Portuguese Bonds, 4 per Cent.
Spanish New Deferred, 3 per Cent. 231
TWO O'CLOCK.
98 i
98

Consols
Ditto September A ceotnt

THE NEW ACT TO ABA= THE SMOKE NUISANCE.—
Yesterday the Act to abate the smoke nuisance in the
metropolis was issued. There are eight sections in the
act, and their substance is, that from and after the Ist
of August, 1854, furnaces in the metropolis are to con-
sume their own smoke under penalties to be imposed.
The act extends to any mill, factory, printing-house,
dyehouse, iron-foundry, glasshouse, distillery, brew-
house, sugar-refinery, bakehouse, gasworks, water-
works, or other buildings used for the purpose of trade
or manufacture within the metropolis. From the same
day steam-vessels on the Thames above London-bridge
are to consume their own smoke under penalties to be
recovered in a summary manner before magistrates.
The words " consume or burn the smoke," are not to be
held in all cases to mean " consume or burn all the
smoke," and the justice before whom any person shall be
summoned may remit the penalties if they are of opinion
that such person has so constructed or altered his fur-
nace as to consume or burn as far as possible all the
smoke arising from the same, and has carefully attended
to it and consumed or burnt as far as possible the smoke
arising from such furnace. Constables may be em-
powered to enter and inspect furnaces and steam-engines.
No information is to be laid under this act to recover any
penalty, except by the authority of the Secretary of
State, or the commissioners of police of the metropolis
or of the city of London.
THE NEW BURIAL ACT.—Yesterday the act concern-
ing the burials of the dead beyond the metropolis was
published. Oa the representation of the Secretary of
State her Majesty in Council may restrain the opening
of new burial grounds, and order the discontinuance of
burials in specified places. The act is not to extend to
cemeteries or new burial grounds made. Certain provi-
sions in the Metropolitan Burial Act are extended to
this act. Any burial board building a chapel for burials
according to the rites of the Church of England, is also
to build a chapel for persons not being members of the
Church of England.
INFLUX OF GOLD TO PARIS. Notwithstanding the
prospects of the harvest, and the transactions which
have taken place in consequence, the influx of gold to
Paris continues to increase, and the Mint have further
extended their period for coinage to 67 days. The
amount of gold now in the hands of that establishment
is estimated at about 2,700,000/.
THE RIVER TCHADDA.---An expedition up the river
Tchadda, the eastern branch of the Niger, is understood
to have been decided upon by the Government. Dr.
Barth, attached to the expedition from Tripoli to Bor-
nou, having crossed a stream flowing from the south-
east, and reported it ten feet deep and three-quartens of
a mile broad, 250 miles east of the point upon the
Tchadda reached by Laird and Oldfield's expedition of
1832, it is hoped that by this channel a water communi-
cation may be opened with the countries south of Lake
Tchad. The scientific persons, to be appointed will not,
it is said, exceed three in number, a suitable steam-vessel
being provided for their conveyance by Mr. Macgregor
Laird, under a contract with the Admiralty for finding
steamers to explore the African rivers, dated January,
1852, and the expedition is intended to enter the river
in June next so as to insure three months of rising water
for the ascent and return to the sea. The entire arrange-
ment differs from the former ascents of the Niger—the
steamer being a private trading vessel, at the sole risk
and expense of the contractor, a fixed sum being paid
him for the conveyance of the Government officers as
passengers, who will thus be able to pursue their inves-
tigations without exciting the jealousy and distrust of the
native chiefs.

Mr. BRANSBY COOPER.—From the post mop tem exa-
mination of the body of this gentleman it appears that
the immediate cause of death was a malignant diseases f
the throat, involving a large branch of the carotid ar-
tery, which, becoming ulcerated, gave way, and pro-
duced instantaneous 'death by filling the lungs with
blood. The funeral took place as early as lf-past
eight o'clock yesterday morning, when the remains of
the lamented deceased were conveyed, in pursuance of
his wishes, in a most unostentatious manner, from his
residence in Spring-gardens to the church of St. Martin-
in-the-Fields, Lord Palmerston having kindly permitted
the family vault to be opened in obedience to the wishes
of the deceased as expressed in his will, this church being
one of those in which interments are no longer allowee;
The coffin was preceded by the medical and surgical
staff of Guy's Hospital (of which institution Mr. Cooper
was the senior surgeon) ; following it came the immedi-
ate relatives and friends of the deceased, including all
the students of the hospital now in town.
HAIR OF CHARLES I.—Among some relics sold yes-
terday by Messrs. Sotheby and Wilkinson, was " Hair
from the head and beard of Charles 1., cut by Sir Hem y
Raiford." The remarks appended state that the hair
was thick at the back of the head, in appearance nearly
black ; a portion since cleaned is of a beautiful dark
brown colour, that of the beard WU a redder brown—
bro-ught 51.

HER MAJESTY'S VISIT TO
IRELAND.

PORTSMOUTH, SATURDAY MORNING

Vice-Admiral Sir Thomas Cochrane hoisted his
flag on board her Majesty's steam yacht Elfin this
morning, and left for Cowes to superintend her
Majesty's embarkation for Ireland.
The Royal standard was struck on Osborne Tower
at a quarter to 9, and hoisted on board the Elfin,
in Cowes harbour, at 9, when she left with the
Court for Southampton.

Sir Thomas Cochrane returned in the Sprightly
after seeing her Majesty depart from Cowes.

SOUTHAMPTON, SATURDAY MORNING.
Her Majesty, Queen Victoria, Prince Albert, the
Prince of Wales, and Prince Arthur, attended by
the Duchess of Wellington, Lady in Waiting ; the
Hon. Miss Bulteel, Maid of Honour; the Countess
of Gainsborough ; Colonels Phipps, Gray, and Gor-
don, together with the usual retinue, have just
disembarked in the Southampton Docks from the
Royal steam yacht, and proceeded by special
train to Holyhead via Basingstoke.
_ _

On landing the Royal pai4 was received by the
directors of the Railway and Dock Companies, the
Admiralty Superintendent of Packets, and Other
officials of the port.

An immense crowd of people had assembled in
the docks to witness her Majesty's arrival and
transit to the railway, and testified their loyalty
by repeated cheering.

The gale of last night has modified, and the wea-
ther is now very fine.

The Royal train left Southampton precisely a
10.25 a.m.

BOW STREET.-(THIS DAY).

AN OLD AND CONVICTED THlEF.—Benjamin Stanton,
aged 17, was charged before Mr. Jardine with stealing a
gold watch, a gold chain, a sovereign, a portmanteau,
and other property of considerable value, belonging to a
gentleman lodging at a coffee-house near this Court.
It appeared, from the evidence, that the prisoner had
been servant in the coffee-house in question, and that
in November last he stole the articles and absconded.
Nothing further was heard of him until a short time
back, when the prosecutor saw in The Sun, and other
newspapers, that he had been convicted of picking
pockets, and sent to the City Bridewell. Having in
the meantime ascertained when his term of imprison-
ment expired, the prosecutor, in company with a de-
tective officer, went to the prison this morning and
apprehended him as he was leaving.
The prisoner, who did not deny the robbery, was
remanded.
None of the property has been traced.