The Sun.
London, England, 1854-10-13 00:00:00

1.) Nn;

AND
410 M C. TA 1, INT IaLIGENGE.

CITY, TWO o'CLOCK.

The cotton market at Liverpool yesterday was
firm, with a good demand. The sales comprised
8,000 bales, of which 2,000 were taken for export
and on speculation at previous quotations. Rail-
way Shares were generally steady.
In the Colonial and Foreign Markets this week
there has been an average business. Sugar has
been steady, with a fair home demand. Coffee has
been held for full rates, and also tea, but neither
have been very active. Rice has been dearer.
Cotton has been quiet. Cochineal is held for the
ormer quotations, and also saltpetre. Jute has
been dearer, and hemp (Pall.
The following letter respecting the lamentable
shipwreck of the Arctic has been received by Mr.
George Peabody from a passenger on board :

" St. John's, Newfoundland, Oct. 3, 1854.
"My dear Mr. Peabody,—l avail myself of a steamer
that has touched here on her way to England, to send
you a paper, giving an account, which I have prepared,
of the wreck of the Arctic. and the probable loss of all
passengers and crew, except those mentioned as saved.
My own safety was little short of miraculous. I jumped
into the boat at the request of Captain Luce, having
brought the ladies of the Brown family to the side for
the purpose of putting them in, and expected to have
them passed into me but ; judge of my feelings when I
saw them rudely thrust aside by a number of men, ren-
dered desperate by the struggle for life, and the boat
filled without them. I was thus kept in the boat in spite
of myself; as I had resolved to save them at any risk even
of my own life. We landed on this bleak coast, after being
forty-eight hours on the deep ; many of us with no over-
coats, and wet, and with nothing to eat or drink. We
then walked five miles to the neareA place, which was
a collection of fishermen's houses, and obtained some
refreshments. The hole in the Arctic was so large, that
she took in thirteen feet of water in an hour'
in spite of the efforts of all her pumps. She must have
gone down in an hour after we left, taking some of
Mr. Brown's family, Mr. Sandford, and at least 300
more souls. Captain Luce acted heroically, and perished
with his vessel.
" We shall not be able to reach New York for ten
days, and this news will probably reach England as soon
as it reaches New York.
"I have no time to say more, as the steamer sails
immediately.—l am, kc.,
(Signed)
"To George Peabody, Esq."

"W. W. GILBERT.

The business done in United State.' Securities
during the week has been at rather lower rates for
the Government Sixes, but at fuller terms for some
of the City and Railroad Bonds. The quotations
furnished by Messrs. Bell, Son, and Co., are as
under

Redeemable. Per Cent.
'United States 6 per Cent. Bonds 1862...101 102
United States 6 per Cent. Bonds 1863-107 108
United States 6 per Cent. Inscribed
Stock 1867-1868-105A 106
Pennsylvania 5 per Cent 76
Pennsylvania 5 per Cent. Bonds 1877... 811 82A
Massachusetts 5 per Cent. (Sterl. Bonds) 1868...103 105
Maryland 5 per Cent. (Sterling Bonds) 944
Alabama 5 per Cent. (Sterl. Bonds) 1838-9-66... 83
irginia 5 per Cent. (Sterling Bonds) 1g88... 90 92
Virginia 6 per Cent. Bonds 1886... 92A 93A

LOANS OF CITIES.
Bagtol 4i per Cent. (Sterling Bonds) 99 101
New Orleans 6 per Cent. Bonds 1893... 82

RAILROAD BONDS.
Pennsylvania Central R. Rd. 6p. Cent... 1880... 90i 91
New York and Erie 7 per Cent. Ist Mort
gage lB6B-1859...101 103
New York and Erie 7 per Cent. 3d Mort-
-1883... 77 78
gage
Northern Indiana 7 per Cent. let Mort-
gage (Goschen Branch) 1863... 73 75
Terre Haute and Alton 7 per Cent. lst
Mortgage 1567... 75

The steamer Queen of the South, from Australia,
is telegraphed as having arrived at Southampton,
but there is little probability of her letters being
delivered in town until to-morrow. Although she
brings a large mail, her dates will not be quite so
late as those per overland mail. She left Sydney,
July 15, with 4,000 ounces and 60,0001., and
Melbourne, July 22, with 60,000 ounces and
100,0001. in gold.
The steamer Severn, with the Brazilian and Ar-
gentine letters, is reported also off S.mtliampton.
The accounts from Liverpool are still of a com-
paratively unsatisfactory ch Iracter. One of the
main difficulties in the way of arranging Mr. El-
- Oliver's affairs appears t‘ ) be that, if the
ships are returned to the parties from whom he
purchased them, the remaining creditors may find
• they have the least valuable portion of the assets, part
consisting of bills receivable. Supposing: however,
that there exists anything like the surplus stated,
the safest plan undoubtedly will be to come to an
arrangement as soon as possible, since every business
man knows how the property of a stopped house be-
comes depreciated. It is stated that towards those
having smaller claims upon the firm great liberality
bas been exercised, as they have been paid promptly
in full. The liabilities of Messrs. 3 ames M'lleury
and Co. prove heavy, and it is reported will give
rise to legal proceedings involving some family

claim.
A telegraphic• despatch of the 12th inst., from
St. Petersburg, via Berlin, states that up to the
6th inst. Sebastopol had not been bombarded, and
that Prince Menschikoff was on the north side

with his army. -
The rate of exchange having fallen 3d. per dollar
at Canton and ld. at Shanghai, it is hoped the de- 192°0
mand for silver to be exported to China will alto-
gether cease for the present. With gold we are
amply supplied, and further amounts have this week 25
been paid into the Bank of England ; nevertheless, 100
it is reported there will be a decrease in the bullion 0
shown by the return made up to last Saturday. 20
The amounts remitted to the Continent for railway 55
calls and the Turkish loan will account for this.
In noticing yesterday the loss of the Arctic, she
was inadvertently mentioned as belonging to the
10b
Cunard, instead of the Collins, Company. 100
1-
The payment of the dividends at the Bank of 1.00(1
England haying commenced to-day, there is more
activity in the funds, with some little buoyancy,
120?
although the speculative dealing is wholly in abey-
-20
ance; and the transactions are exclusively for money. 5
Consols have been 95 to 952. for transfer, and 951 g
20
for Account. At one time they were nearly buy-
em at 951, but have since been again 951 1. Ex-
chequer Bills have been 4s. to 75., and East India !,,(())
Bonds 7s. to 103. premium. The New 31 per Cents. 20
have been quoted 94 to 94g, and the 3 per Cents. ,3;.
93? to both ex dividend. Bank Stock is 6:
worth 208 to 2091, ex dividend. 2c
20
The following •are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 5 to 61; Mexi= I 20
can, 241 to 25 ; Peruvian, 71 to 73 ; ditto, 3 per 20
Cents., 51 to 53 ; Portuguese 4 per Cents., 40 to
42 ; Russian 5 per Cents., 96 to 98 ; ditto, 41 per
Cents., 84 to 86 ; Spanish New Deferred, 18i to
; ditto, 3 per Cents., 371 to 381 ; ditto, Ceiti- 2C
ficates, 5 to 5± ; ditto, Passive, 4il to 45,-.
In Foreign Securities business is rather livelier. 2(
The Turkish Scrip has been at 31 to 31 premium. 1!
Mexican Bonds have been done at .at 24 to 25, 21
and Peruvian at 714 for the Four-and-a-Half per -22'
Cents., and 53 for the Deferred. Dutch Four per 2
Cents. have been 921 to 921 ex dividend.
The Railway Share Market is decidedly heavier
to-day, most of the quotations being lower, and 2
the transactions very limited. Great Northern,
however, are an exception, being rather firmer.
The foreign lines are without particular alteration,
but dull.
The miscellaneous undertakings, comprising
Mining, Banking, and Land Companies' ' Shares,
are at previous values.

BRITISH
rom
FUNDS ills DAY
cial List. AT ONE O'CLOCK.
(F, ti )

Yin
• g iness done.
Bank Stock ........... 2nB x d
d
3 per Cent. Reduced Annvities.
3 per Cent. Consols Annuities . 9sk 5
Now 3 per Cent. Annuities .................... 94$ 14 x d
Long Annuities, Expire sth Jan., 1860 ... 4 5-10
India Bonds, .1000 ......•-••••••••••-•"*
Ditto, under £lO 0 ........................... 7 10 p
Consols for AccounL 17th Oct. ............... 93t
Exchequer Bills,
21000 ......................... ....... •7 P
4 7 p
2500 ..........................................
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK
Buenos Ayres Bonds, 6 per Cent........... 53 5
Mexican 3 per Cent. .....................
Peruvian Bonds, 42 per Cent. ............... 711
Peruvian 3 per Ceat.
TerkishScrip 6 per cent 34 P
Ditto for the Account 3i p
Dividends on the above payable in London.

Dutch Exchange, 2i per Cent. 12 Guil 61,1
Ditto 4 p:x Cent. Certifieate 3
,x
HALF.PAST TWO.

Consols 95
Ditto October 4ccon4 85i