The Sun.
London, England, 1853-07-06 00:00:00

MONEY MARKET AND COMMERCIAL
INTELLIGENCE-(TMS DAY.)

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool were estimated
at 8,000 bales, of which 2,500 American were taken
for export and on speculation The sales
prisedcompris
7,500 American ; 150 Egyptian, at 61d. to
and 300' Surat, at 'to 4d. per lb. Railway
shares were dull, without much change in prices.
A cargo of 50,000 pines has been received by
Messrs. Keehn.- and Hunt, per Trinity yacht,
Hounsell, master, 27 days from Eleuthera, being
the first arrival of the season. Several vessels
were taking in cargoes for New York, and the
planters were deriving considerable benefit from
the trade.
The Board of Trade returns for the month and
five months ending the sth ult. During the month
there was an increase in the importations of cocoa,
wheat, barley, oats, rye, Indian corn, cotton yarn,
flax hemp, pepper, and brandy ; and a falling off
in coffee, flour, cotton manufactures, guano, opium,
rice, saltpetre, cinnamon, cloves, rum, unrefined
sugar and tallow. The exports show an increase
in beer and ale, cheese, coal, and culm, linen yarn,
salt, and thrown silk, and a diminution in cotton
manufactures, cotton yarn, soap, refined sugar,
and wools.
The tonnage of vessels entered inwards and
cleared outwards during the month, compared with
the corresponding period of last year, gives the fol-
lowing result
ENTERED INWARDS. CLEARED OUTWARDS.
1852
1853

- 1
Increase 55,448 I Decrease ...... 39,145
The month's exports from the 'United Kingdom
to the sth June stood as follows:-
1852
1853

Increase £1,187,558

Parties in the Australian trade will be inte-
rested in knowing that the trial trip of the Great
Britain, auxilary screw steam-ship, for the purpose
of testing the capabilities of her new screw, and
more especially her sailing powers under her new
rig— a full clipper ship, has been perfectly satis-
factory.
Captain Clapton, Wm. Patterson, Esq., the
builder of the Great Britain, and several other gen-
tlemen of great nautical experience, wont out to
witness the vessel's performances, which took place
in the Irish Channel on Monday and Tuesday, and
all without exception gave it as their opinion, we
are informed, that the patent screw was demon-
strated by the results, to be a great improvement ;
but the most agreeable surprise to all on board was
the " doings" of this leviathian under canvass ; in
fact, we are informed, that it leaves not the shadow
of a doubt, but that if those screw steam-ships
in the Australian trade which have been built like
this ship on clipper " lines," were transformed,
as the Great Britain has been, from a screw steamer
with the assistance of canvas in fine weather and
with fair winds, to a sailing ship with auxiliary
screw steam power in bad weather, foul winds, and
calms, our southern possessions may with regu-
larity be reached under sixty days.
The Great Britain's antecedents under steam are
well known to have exceeded the expectations of
her most sanguine admirers. It is therefore super-
fluous to give any quotations from her log under
steam only ; suffice it to say that she sailed as fast
and steered even better than she did on her voyage
from New York last spring. The foggy state of
the weather did not permit the vessel being
tried " with a wind," but "on a wind." She
showed on the patent log 10 nautical miles per
hour under canvass, screw fixed upright, motion-
less—with steam, Bklbs. pressure,- and canvass,
12/ nautical miles per hour ; hence it is inferred
by those able to give a sound opinion on nautical
subjects, that with steam and canvass set "with a
wind," 14k nautical miles per hour may with con-
fidence be expected.
There was rather more firmness yesterday after-
ternoon in the foreign exchanges. On Paris, 90
days' bills were taken at 25.221 to 25 ; on Amster-
dam, at 11.18 t to I ; on Hamburgh, at 13.7 i to 1;
and on Trieste, at 11-4 to 6.
The English Stock Market has been very buoyant
again, and there is still a confident impression
that Russia and Turkey have agreed to accept
Austrian mediation. Great difference of opinion
prevails concerning the interpretation to be put
upon the manifesto of the Emperor of Russia—
some considering it favourable, others the re-
verse. Consols have been 97i to 98k ex dividend
for special transfer. Stock appears to be scarce,
and the payment of the dividends would have an
immediate and decided effect if foreign politics
were auspicious. The New 31- per Cents. have
been 101* and the 3 per Cents. 98k Bank
Stock is steady at 229 k. Exchequer Bills have
been done at Is. to 55., and Indian Bonds at 255.
premium. East India Stock is at 2571 ex.-div.
Foreign Securities have been more dealt in, but
without c.v. xnarkod altskratioll in prices. Spanish
3 per Cents. Deferred have been at zzi and
the Certificate has ranged from 51 to 6*. Portu-
guese Small Bonds, ex-coupons, have been quoted
37. Brazilian Old 5 per Cents. have been at 99k,
and the 4 per Cents. at 98g. The Greek Blue
Bonds have been at Bto 84. Mexican Stock, after
being 27, has receded to 261. Russian 5 per
Cents. have been done at 117 to 4, being very
firm, and Dutch 4 per Cents. have touched 96k.
The Sardinian Bonds have been dull at 93i.
The Railway Share Market is very well sup-
ported, by sympathy with Stocks, but the trans-
actions are not numerous. North-Western, York,
and North Midland, Great Western, and Cale-
donian have been chiefly asked for. French Shares
are in more request.
Gold Mines and Banks are firmer. Land Com-
panies steady.
The following statement is from the monthly
circular of Messrs. Lamond and Co. :

" Throughout the whole of June, the only topic en-
grossing public consideration has been the probable
result of the differences between Russia and Turkey.
Every other question has been regarded as of secondary
importance, attention being alone directed to the solu-
tion of this great difficulty. However unpromising
appearances, and however unfavourable the nature of
these reports, there bas been from the commencement
of the negotiation, and there continues to be, a strong
feeling that peace will not be interrupted, and it is
solely through the enormous preponderance of this
impression, that business generally has been main-
tained at anything like a point approaching activity.
Even now it is clear that the ultimatum of the Czar has
been rejected by the Porte, confidence in a satis-
factory adjustment is not abandoned, and although
operations in the various departments of commerce and
finance are being gradually limited, in order to prevent
large losses, should an adverse movement take place,
the hope almost universally expressed is, that a pacific
arrangement may speedily be effected. The prospect of
some period elapsing before the points in dispute are
brought within manageable compass has from the early
part of the month induced the operators at the Stock
Exchange to restrict their transactions ; and since the
settlement on the 15th, so little has been done in the
several markets, that prices have remained from day to
day without sensible alteration. A course of proceeding
such as this was to have been anticipated, because the
brokers and jobbers have naturally, with the chances of
peace or war before their eyes, refrained from accepting
business, especially that of a speculative character."

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Business done.

Bank Stock
Inn (la aa
Bends
Stocknas 229a
3 per Cent. Reduced Annuities 9B k
3 per Cent. Consols Annuities
New 3+ per Cent. Annuities lol.i
£lOOO 257
25
Ditto, under £lOOO 25
South se. iv— •• •

Sea New Annuities .
Consols for Account 9B 8
Exchequer Bills, -

1060 a,1d..................... 2,500 ......................
Small

..
1 5 1

PRICE OF
NI.9i3OI'CLOCK.
Brazilian Bonds, 5
Ditto New,********************************************************** **
Cuba Bonds, 6 per Cede. r Cen:**** •• • •- • • d
Greek Bonds, Red ......................... 102
Ditto, Blue . ...............................
Mexican 3 per Cent. ....................... 8i 8
Portuguese Bonds, 4 per &;;i: ... ........... 27 61
Ditto Ex all over-due Coupons. . . ..........
Bonds. 5 per Cent. ........... 37

Russian - --.,........
117 17 i
sardinDittioaNpoenids• Cent.
per Cent
.. ..
.... ........ ................ : 3.00
100 a d
Spanish New Deferred, 3 per Cent 93
Ditto Passive (Converted) 22 6 i x d
f
Spanish Committee Cei:;. of Coup. not fu, . 54 ....
Swedish Loan ....................... .. ...... lOl p 0
Dividends on the above payable in London. P
Dutch Exchange, 2i per Cent x d
Ditto 4 per Cent. Certificates 96 5i 61
HALF-PAST Two.
Consols for Opening 19th July ............... 986 ix a

COLD WATER STEAM-ENGINE.--Yesterday afternoon
we visited the machine shop of Messrs. Burge and John-
ston, to witness the performance of a new engine, styled
as above, and recently invented by Mr. Edward D. Tip-
pett. The steam is produced without boilers, by simply
injecting cold water into generators. The amount of
steam required to force out or return the piston rod ;s
made by the introduction to the influence of the fire at
each moment of precisely the quantity of water needeo,
t'ius doing away with the necessity of boilers. It is
'aimed that there is no possibility of an explosion, that
greater power is obtained, and less room occupied for tl e
n3c essary machinery. The water falls into the engin('
being first raised by a force-pump into a reservoir situa-
ted above the engine, and thence inducted down as NA an•
ted. The engine is a singularly constructed piece of
mechanism, both in appearance and mode of operating.
Cincinnati Gazette.