The Sun.
London, England, 1854-11-20 00:00:00

sIONEV MARKET

AND
COMMFRCIAT: EVI'ELLfGENCE,

CITY, TWO o'CLOCK

The sales of cotton at Liverpool on Saturday
were estimated at from 5,000 to 6,000 bales, includ-
ing 1,000 American taken for export and on specu-
lation. The market closed heavily, without any
change in prices. The sales comprised 70 Pernatn
and Maranham, at 61,-d. to 7d. ; 20 Bahia, at 61d. ;
100 Egyptian, at sd. to 6W. ; 800 Surat, at 3id.
to 43d., and the remainder American. Railway
Shares were flat.

The imports and exports of the precious metals
are just now of more than ordinary importance, as
upon the relative position of the supplies from
Australia and America, with the shipments to the
Continent from hence, depends in a great measure
the future course and prospects of the money mar-
ket. At present opinion is somewhat divided as
to whether the rates or value of money will be
kept higher or lower during the remainder of the
current year. For some weeks past the arrivals of
gold to this country have been large, but at the
same time the shipments from this side to France,
&c., have also been extensive. Last week our im-
ports were about 575,0001., and the exports to
205,000/. ; an important amount of specie and bul-
lion is known to have been also sent by private
hand.

From the accounts received to-day from Ame-
rica, it appears that the drain upon the United
States for gold continued very active, say about
1,000,000 dols. to 1,500,000 dols. per week. The
Banks found it necessary to curtail their discounts,
and to be very cautious in the paper they dis-
counted. Some few mercantile failures are men-
tioned as having taken place early in the present
month, when a large amount of bills fell duo, but,
on the whole, acceptances were well met, particu-
larly when the stringent state of the Money Mar-
ket of New York is considered. It is important
to notice the fact, as the trade of that port and
Liverpool is too intimately connected for such a
circumstance to pass without observation.
The Golden Era has arrived from Melbourne,
with about 200,0001.

The commercial intelligence from Melbourne is
generally unsatisfactory.

The English Stock Market is considerably firmer
to-day, but the dealings are limited. Consols
opened at 91- /, but have since receded to 91/
for Money. The Account prices have ranged from
911 to 911, being about / per cent. higher than at
the close of the market on Saturday. Bank Stock
is quoted 211 to 213. Exchequer Bills are ls. to
ss. prem., and India Bonds 11s. prem. The New
3 per Cents. are 89 to 91k.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 51 to 51 ; Mexi-
can, 214 to 211 ; Peruvian, 66 to 68 ; ditto,
3 per Cents., 47 to 49 ; Portuguese 4 per Cents.,
40 to 42 ; Russian 5 per Cents., 95 to 97 ; ditto,
41 per Cents., 84 to 86 ; Spanish New Deferred,
18i to mg ; ditto, 3 per Cents., 37/ to 381; ditto,
Certificates, 51 to 5i ; ditto, Passive, 4i to 41.
Foreign Stocks are very quiet, and without par-
ticular alteration in prices. Turkish Scrip at one
time rose to 51 to 51i dis., but is now 6i to 61- dis.
Dutch 4 per Cents. are 91/, being about per cent.
higher. Spanish Passive Bonds are 41. Russian
5 per Cents. are marked 961, and the 4i per Cents.
851. Mexican Stock is heavy at 211, The South
American Securities are neglected.
The railway meetings announced are the fol-
lowing :

Date. Place.
Caterham
Demerara
European and N. American Dec. 7, St. John's N. Bruns.
Kilkenny Junction
Namur and Liege (Mons and
Monage)
Waterford and Kilkenny Nov. 30, London Tavern.

Company.

In Railway Shares there is a general upward
tendency, in consequence of the rise in Consols.
The lines principally dealt in are Great Northern,
Lancashire and Yorkshire, Norfolk, and South-
Eastern. The French lines are firmer.

In Mining, Banking, and other undertakings
there is no material change.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
( Front the Otlicial List. )

Business done
Rank Stock ,, 213 11
3 per Cent. Reduced Annuities 9/k 89i
3 per Cent Consols Annuities 9lt i 4 i
New 3 per Cent. Annuities
5 per Cent. Annuities ll9
India Bonds, £lOOO . . ,
Ditto, under £l.OOO ll
Consols for Account
Exchequer Bills, 2id.
21000
1:500 • 5 2
Smal, 5
Exchequer Bonds 1858, 3i per Cent. —
Ditto 1859, ~
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
ifexican 3 per Cent.
Ditto for the Account 2li
Russian Bonds, 1822, 5 per Cent. £St 9O
Russian Bonds, 4i per Cent. B3
ftipanish Bonds, 3 per Cent —
Ditto Passive (Converted)
Spanish Committee Cert. of Coup. not fun 6 p c
Turkish Scrip 6 per cent
niyidends on the above payable in London.
Dutch Exchange, 26 per Cent. 12 Guil —
Ditto 4 per Cent. Certificates .. .
I/ALP-PAST TWO.

Consols
Ditt(,, A comint

BOAT RACE FOR THE CHAMPIONSILIP.

Messenger
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