The Sun.
London, England, 1854-05-08 00:00:00

MONEY MARKET

ANT)
COMMERCIAL T E LUC EN*

CITY, TWO O'CLOCK.
The sales of cotton at Li verpool on Saturday were
taken
estimated at 3,000 bales, including 15000 American
on speculation. The market closed steadily,
with Prices of all kinds firm and tight. The sales
eTeprised 4,000 American, 60 Pernatn and Maran-
h°'T at 6id. to , 150 Egyptian at 50. to 'lid.,
,
"u 500 Surat at .20. to 43/4d. per lb. Railway
llshares were dull.
There are numerous contracts out from the Go-
:ereraent for the conveyance of troops and stores
to different points.
Letters. from Birmingham respecting the iron
trade
fuss!' State that most of the manufacturers are
orders at present rates, the contracts already
in haul belng so heavy. A decided advance is ex-
'eted soon to be declared in finished iron. The
I)osition of the trade n-enerally is sound and healthy,
..
activity arising from the demand for consump-
tionand speculation being quiet.
higher and
from New York state that stocks were
and money easier. Breadstuffs were rather
unsettled,p and the export demand was quiet.
;eights were without material change. Hemp
Steady and jute clearer.
ewl°lll South Australia we learn that in the con-
eluding quarter of the year the colony received an
for the
of nearly 1,500 souls from England ; and
Emigration
same quarter the excess of immigration over
was no less than 2,611 persons—thse
It!illing a contrast to the decreasing numbers of
ietoria.
poThe Adelaide papers notice the comparative
anLvertY exhibited by the few military there. It
have
that for two years past the poor fellows
je not been able to procure potatoes, in conse-
quence of their scanty pay. There must be a high
th ling in the ranks when men can thus make up
eir minds to starve in the midst of plenty,
and that feeling deserves to be better re-
warded. The South Australian public seems
inn
bevuued to take up the matter, and they cannot
Bolter effect this than by adding a mite to that
I out by order of the Horse Guards. The few
soldiersth amongst them will appreciate this better
than Sympathy.
sYmpathy.
The boisterous state of the weather last evening
'l7 retarded the arrival of several of the conti-
- "tal
11:11e railway meetings announced are the f01..,ng
..,ng
C ompany. Date. Plate, Ste.
LOll'Kkederry and Coleraine May 23, Coleman-st.-build.
North
Loralon
Ctileni of France
Ykl Swedish
Fiotitli Devon May 23, Plymouth.
4i4li t!lera of France
V0e11,11.,g and Dunfermline June 1, Glasgow.
irat 1",1 and Darlington May 6, Darlington.
erford and Kilkenny
%rile stock market has been extremely dull and
O: quotations are heavy, partly owing to the sus-
le respecting the plans of the Chancellor of the
taT9uequer, and the demand for specie for expor-
t6len• It has been rumoured that the interest on
floating debt is to be raised to 2,12 d. per diem,
oriul that the Bank is to be authorised to issued 3
millions of notes without the obligation of
aTaiiarly augmenting its specie. Consols have been
tai for transfer, and 8,1 to 34 for account.
„eANew 3i- per Cents. realise 87 to k, and the 3
861- to g. Bank Stock is steady at 205.
'',e,uequer Bills are is. premium to 2s. discount.
r °reign Stocks are very dull. Spanish 3 per
Cents.re are firmer at 36i, and Russian 4i per Cents.
kmain at 80. Buenos Ayres Bonds are quoted
2 and Brazilian New .A per Cents. 90. Dutch
lit Per Cents. are higher, being 57/. to 58k.
ernxican Bonds have not been dealt in.
and some
Railway Share Market has been declining,
some of the lines are about to 1 per cent.
Great
There has been a fall to this extent in
andreat Western, Lancashire and Yorkshire, York
have
Berwick Great Northern. The foreign lines
'uve been a shade lower also.
The Joint-Stcs:k Bank Shares have been dealt in
at rather lower rates. Crystal Palace are firm.
s'Aild shares are quiet.

SPORTING NOTES

A DIP INTO THE CHESTER CUP.
An " open r.ice" for the Chester Cup is scarcely a
novelty, but the betting indicates that the chances this
year are balanced wish even unusual fairness. On i•xa-
ts
mining the handicap no seeiiiing " certainty" presen
Lself ; so carefully and ably have the imposts been ad-
justed, that all distinctions appear to be levelled between
the old and the young, the good and the bad. The re-
spective pretensions of the rough and ready, the
" bottled up" and highly-trained are equally sound and
formidable. To determine, therefore, the probabilities
is a task of no ordinary difficulty, and the recent move-
ments in the turf market are scarcely calculated to guide
one to a due and successful execution of it. The tendency
of speculation is doubtful and perplexing, and, indeed,
seems only to render confusion worse confounded.
Favourites have been set up and knocked down
like nine-pins, and the temporary " rise " of
some animals appears only to have been neces-
sary to render their " fall" signal and imme-
diate. On Saturday a brisk and determined fire of
" long shots" soon thinned the ranks of the leading
favourites, and those horses which, only a few hours
before, had been supported with a spirit and eagerness
which promised to maintain them firmly in their posi-
tions, were deserted by their partizans, and no attempt
was made to arrest their rapid retrogression. These
movements I will presently endeavour to indicate and

IS DAY.)