The Sun.
London, England, 1854-02-10 00:00:00

THE SUN, LONDON, FRIDAY EVENING, FEBRUARY 10, 1854,

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 8,000 bales, of which 500 American
and 1,000 Surat were taken on speculation. The
market closed firmly with but little alteration in
prices. The sales comprised 5,500 American, 400
Pernam and Maranham at 60. to 7d., 600
Egyptian at 61-d. to Bd., 1,500 Surat at 3d. to 4d.
and 80 Sea Island at laid. to is. Bd. per lb. Rail-
way Shares were dull at lower prices.
Colonial produce duringthe week has been taken
to a moderate extent for the principal articles, and
prices have in some cases slightly declined. The
sales of both sugar and coffee have been limited
and the latter has been cheaper. Rice has declined,
cocoa is firm, and spices have been at full values.
Not much has been done in saltpetre, and the
prices asked have checked purchases. Holders of
rum are firm, and hemp is steady but quieter. Iron
has been at previous currencies. Tallow has
fluctuated, but is now firmer again. Tea is rather
dearer and cotton has been dull.
The public sales of Colonial wool have commenced
to a fair attendance of buyers, and prices rule much
the same as at last series.
The progress of New South Wales is well illus-
trated in the following statement made in the
Legislative Council by one of its members :
" As a signal proof of the vast increase in the con-
sumption of articles of customs and excise, he would
mention that the estimated revenue for 1852, was, from
customs, 165,000/. ; from spirits distilled in the colony,
6,000/. ; whilst the actual revenue was, from customs,
217,0211. ss. 6d. ; from spirits distilled in the colony,
18,211/. For 1853, the customs were estimated at
255,2871. Bs.; the colonial spirit duties at 18,0001. For
1854, the customs were estimated at 341,000/. ; the
colonial spirit duties at 30,0001. Now, having these
actual and estimated results of these branches of
revenue in view, when he was considering the
gold-fields question, he (\lr. Holroyd), had lately moved
for a return of customs and colonial spirit duties, to a
few of which he would invite the careful attention of the
House. It must be borne in mind that in August last,
the new and reduced tariff of New South Wales came
into operation, and that some parties feared that the
general revenue would suffer from the large decrease in
customs' duties. But what was the actual state of the
case ? The returns showed that, under the old tariff;
from the Ist of August, 1851, to the 31st July, 1852,
when it was repealed, the duties of customs amounted
to 198,3871. 3s. 9d. Whilst, from the Ist of August,
1852, to the 31st ofJuly, 1853, under the new tariff; with
its reduced rates; but with the extraordinary impetus given
to our import trade by the increase of population seeking
our golden shores, the amount received was 288,0571.
Os. 6d., showinganinereaseofB9,669/. 16s. 9d. Thereturn
further showed that from the Ist of August last to the
10th day of the present month the duties amounted to
41,2431. 165., whilst in all August and September, 1851,
the amount collected was only 24,9091. 17s. 6d. In
August last the duties exceeded by 4,6151. 15s. the gross
amount taken in the corresponding months of the two
previous years. Again, in the duties paid on colonial
distilled spirits a large increase was exhibited. From
the Ist of August, 1851, to the 31st July, 1852, the
amount was 11,278/. 4s. 6d., whilst from the Ist of
August, 1852, to the 31st July, 1853, the duties had
increased to 25,2691. 15s. 4d. showing an increase in
this one item of revenue of 1:3,9911. 10s. 10d. These
statistics proved that the consumption of articles which
yielded the largest item in the revenue was rapidly in-
creasing from quarter to quarter, from year to year ;
and he felt satisfied that whatever deficiency would be
shown next year in the item of the gold license fees, it
would be amply made up in the increase of customs and
excise duties."
The total quantity of Crown lands sold from
January last to the 17th of September, realised
145,4591. ; whilst this material branch of revenue,
which had dwindled down in 1843 to 5,3111., had
not increased in 1851, the year of our golden
discoveries, to a larger amount than 64,425/.
The Brazilian mail is telegraphed as having ar-
rived, the dates being Buenos Ayres, Dec. 31, and
Rio de Janeiro, Jan. 10. The commercial markets
were rather dull, and in the Argentine provinces
there was still an unsettled state of political affairs.
The steamer Cleopatra arrived at Rio on the
20th Dec., from Adelaide. She was coaling, and
would leave for Liverpool on the Ist of January
last.

The Indian and Australian mails by the Over-
land route left Alexandria on the 4th inst., and
the letters will be here next Monday. The dates
are—Calcutta, Jan. 4 ; Sydney, Nov. 26 ; Mel-
bourne, Nov. 29 ; and Adelaide, Dec. 3. The
Great Britain is now hourly expected.
A notice has just been issued from the depart-
ment of the Comptroller for Victualling and
Transport Services, inviting tenders for seven
or eight good coppered ships of 500 to 700

tons, new measurement, to be employed for four
months certain, or longer if required, in the con-
veyance of cavalry. The point of departure and
the destination are not mentioned.
The English Stock market has been very firm
again this morning, without any great activity.
The foreign political intelligence does not add any-
thing important to our previous ne s, but as we
draw towards the settlement of the account there
is likely to be a greater scarcity of stock, unless
some very adverse event occurs. The value
of Consols has been 91 to 92i for transfer, and
911 to 92it for account. The New Three-and-a-
Quarter per Cents. have been 94, and since 93g. to
1. There appears to be a doubt whether the
French Government has yet arranged to borrow
more than 2 or 3 millions sterling through the
medium of Treasury bills. Exchequer Bills are
17s. to 20s. premium.

Foreign Stocks have been very quiet, and prices
have undergone no essential change. Sardinian
stock has realised 85k. Russian Five per Cents.
have been at 105. Spanish Threes are dull at 40,
and the Deferred at 19. Mexican are 25/
BRITISH MINES.—A fair business is doing to-
day in the following shares at steady prices :
Alfred Consols, 24i 25 ; Sortridge, 1 ; Glills, 1i
2 ; Mollands, Bs. 1 ; Balnoon, 3 ; Wheal Alfred,
31 32 ; Wheal Harriet, 1; Cwm Darens, 14s. 6d.
15s. 6d. ; Tavy Consols, 31 4 ; North Pool, 200 ;
West Damsel, 195 ; N. Wheal Trelawney, 361
371.

The current prices for the Jamaica Mines not
officially quoted are as follows : Jamaica, to
premium ; Metcalfe, to premium; Sue River,
discount to par ; Port Royal, I- to premium.
In the Gold Mine Shares there is nothing doing.
Railway Shares are still tending upwards, and
especially Great Northern, Caledonian, and
Brighton. The French lines are inactive.

The shares of the Australian Agricultural Com.
pany have advanced 10s. to IL per share. Joini
Stock Banks are about the same.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
( Prom the Official List. )
Business done.
; per Cent. Reduced Annuities 92
3 per Cent. Consols Annuities 9lk 4 1i 2
New 34 per Cent. Annuities 94 3$ i 4 a
Long Annuities, Expire sth Jan., 1860
Ditto 30 Years, Expire sth Jan., 1860 5
India Bonds, £lOOO .
Consols for Account 15th Feb. 92gp li 2 1B
Exchequer Bills, id.
17 20 p
17 20 p
Small l7 P

PRICE OP FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent.
Slexican 3 per Cent.
Ditto for the Account 2sg i f
Russian Bonds, 1822, 5 per Cent. £St lO5
Ditto 4i per Cent 9l 90i
Ditto Small
Sardinian Bonds, 5 per Cent B5,
Spanish Bonds, 3 per Cent —
Ditto for the Account 4()
Spanish Now Deferred, 3 per Cent. l9 i
THRICE O'CLOCK.
91i i
914 fi

Consols
Ditto February Account

RAILWAY INTELLIGENCE.