The Sun.
London, England, 1853-02-01 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY, Two o'CLocx.
The sales of cotton at Liverpool yesterday were
estimated at from 10,000 to 12,000 bales, of which
2,000 American, 300 Bahia, and 700 Surat were
taken on speculation. The market closed with ani-
mation, and American were nearly kd. per lb. higher,
and all kinds a shade dearer. The sales comprised
7,000 American ; 800 Bahia, at 61d. to bid. ; 400
Egyptian, at 6d. to Id. ; 1,200 Surat, at 3id. to
; and 90 South Sea Island, at is. 7d. to 2s. sd.
per lb.

The Railway Share Market was much excited,
and a large amount of stock was sold at lower
prices.

The state of the Manchester Market, according
to the report of Messrs. M‘Nair, Greenhow, and
Irving, was quiet early last month, but has become
active since, the purchases being unusually large in
both goods and yarns. The writers thus describe
the effect of the advance in discounts :
" The most prominent feature connected with the
closing month, as possessing not only local but general
interest, pertains to the movements of the Bank of Eng-
land, in having, in the course of 14 days, advanced its
terms of discount from 2 to 3 per cent. ; a proceeding which
has been condemned by many, but on the other hand com-
mended and highly approved by more, who had fore-
seen the necessity and wisdom of adopting such an
alternative. Had, however, the action of the Bank been
identified with adverse times in the commercial and ma
nufacturing interests of the country, its influence would
have proved of serious import. As it is, when every
legitimate interest may be said to he in a more
prosperous - condition than ever known before
to the oldest member of the present generation—
and probably, too, in a greater degree than any records
of former times manifest—the effect ought, we think, to
be considered corrective than otherwise. Here, at any
rate, no panic has ensued; greater and necessary caution
has, however, been observable on the part of operators,
accompanied with a wholesome belief, that whatever
temporary inconvenience may have been experienced in
the way of restricting previously meditated enlarged
operations of a comparatively speculative character, the
temporary influence is calculated unquestionably, to do
much ultimate good."
Accounts from St. Petersburgh notice the sale
of 3,000 casks of tallow at a price equal to 465.
per cwt. laid down here. Messrs. Smith and
Charles send the following report upon the state of
the London market :
"Between the Ist and the sth ult. the market was quiet
at 455. to 455. 3d. On the 6th a rapid advance took
place reaching 475., even for Siberia or C. Tallow. This
advance was not maintained, while the rise of the rate
of interest soon after gave a blow to speculation in all
descriptions of produce, and our market, with the rest,
suffered from the movement. In the course of the
month advices arrived of the export duty on Olive Oil
having been doubled by the Neapolitan Government,
which must indirectly influence tallow. The past
month has presented some remarkable feature in rela-
tion to supply and demand. The exports from
Australia, which had accumulated before the gold
mania set in, have arrived earlier than was anti-
cipated, and the whole of the wrecked tallow
from Petersburgh had also come to hand ; so that our ar-
rivals have been heavy. The mildness of the weather
during the first three weeks had the effect of keeping
back demand, and the soap trade is reported generally
as being very flat, buyers of this article holding back in
case any alteration should be made in the Excise duties.
We may remark that active exertions are to be made,
both in London and in the large towns, by the trade, to
impress on Government the desirableness of the repeal
of the tax, and it is hoped that the budget will be
brought forward at an early period, that the question
may be set at rest. advices from Petersburgh are from
the 10th to the 22nd January, buyers at 1255. cash ; no
sellers under 1275. ; 1325. asked, 10s. down. The new
supply is reported as not more than last year. The
sales of " sorts" here have been large, and prices have
declined, especially for Austrralian Tallow. The
weather having been more favourable for candle-
making within the last few days, we have a better
demand on the spot. There is a good supply of Town
Tallow, at 445., nett cash. It is thought by some par-
ties that the effect of the late wet weather will be felt in
the lambing season, and that home Tallow will not be
an average this year."

The number of the Bankers' Magazine for Feb-
ruary is unusually strong. Besides an excellent
resume of the progrsess of 1852, there are papers
upon a decimal currency, the " Coming Speculation
in Shares and Scrip," " The Financial Position and
Prospects of the United States," and the customary
information upon banking and monetary topics.
The aspect of the English Stock Market has not
been promising, and there is a further decline of
-A- per cent. It cannot be averred that money is in
the least scarce, or that the demand for it increases,
but speculators want some temptation to operate
boldly for a rise, and the "Bears" take advantage
of the existing apathy to depress values. Reports
have been rife of railway loans forßussia and Prussia,
besides other foreign contracts, and the continued
decline in the French funds is dwelt upon as a
motive for depression. In the existing state of
affairs at Paris, however, and -after excessive
gambling, if the Four-and-a-Half per Cent. Rentes
were 2 to 3 per cent. lower, one need not have
been surprised, and their steadiness is really matter
for congratulation, considering that they rule at
such advanced quotations. Cons ols have been
done at 99 to 99 for Transfer and Account. The
New Three -and-a-Quarter per Cents. are better
than they were, being 104 and the Three per
Cent. Reduced, after being 99k, have rallied to 1001.
In foreign securities there is very little doing,
and values are merely nominal, though heavy upon
the whole. The Spanish Passive Stock has been
marked sf, and the Committee's certificate is 4

per cent. Peruvian Deferred Bonds have been
dull at 64, and Grenada Deferred at a decline to
10i. Brazilian Old Stock is worth 102. Dutch
4 per Cents, have been quoted 97 ft to
Railway shares are to 2 per cent. worse again,
with some few exceptions. Great Northern keep
up, and also South-Eastern, Oxford and Wolver-
hampton, and Caledonian ; but North-Western,
South-Western, Great Western, Midland and
York, and North Midland are flatter. French

shares are neglected. Strasbourg about 10s. lower,
and Sambre and Meuse to I.
The Gold Mines are cheaper. Nuggets are Ito
down, Colonial t, and some of the others 1-.
United Mexican have receded f to
The Australian Banks are firm. The Agricul-
tural shares have dropped 5/. to 101., with very
little doing.

BRITISH FUNDS AT ONE O'CLOCK THIS DAY.
(From, the Mica List.)

Bank Stock
2284
3 per Cent. Reduced Annuities 99 101
3 per Cent. Consols Annuities
New 31 per Cent. Annuities..... .... ...
Long Annuities, Expire sth Jan., 1860
India Bonds, £lOOO • 7O
South Sea Stock
.. 110 i
Consols for Account 10th February 99 i
Exchequer Bills lid. March. Juno.
£lOOO.. 56 9
£5OO ..,
Small ..

60

PitICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cont. lO2
Grenada Bonds, Deferred, . . lok
Peruvian Deferred 3 per Cent 6l.
Sardinian Bonds, 5 per Cent. 94g 4
Spanish Passive (Converted) s,}
Spanish Committee Cert. of Coup. not fun 4i p e
Dutch Exchange 2i per Cent —
Ditto 4 per Cent. Certificates....,......
HALF-PAST TWO.
Xi 1

Consols .
Ditto February Account ~

BATHS AND WASH-HOUSES.—The following shows
the steady increase of bathers and washers in London.
The aggregate numbers at seven establishments in the
metropolis, from January to December, 1852, inclusive,
amount to 800,163 bathers, 127,580 washers. Corres-
ponding period of 1851, five establishments, 647,242
bathers, 132,251 washers. Corresponding period of
1850, three establishments, 509,200 bathers, 60,154
washers. Corresponding period of 1849, two establish-
ments, 297,831 bathers, 9,070 washers. Corresponding
periods of 1881, one establishment (Goulston-square,
Whitechapel), 48,637 bathers, showing an increase in
1852, over the corresponding period of 1848 of 751,526
bathers, and 197,580 washers ; and an aggregate in five
years of more than 3,100,000 bathers and washers. The
figures in the foregoing statements are irrespective of the
bathers and washers at the George-street establishment,
which is not conducted according to the acts.
THE FRENCH EMPRESS.--John Comyn of Ba.denoch,
commonly called the " Red Comyn," was said to have
betrayed to Edward I. of England the designs of Robert
the Bruce for the recovery of Scottish independence,
after having sworn to promote them. So pretended,
at least, Robert the Bruce. And upon the 10th of
February, 1305, at a meeting between the parties within
a church at Dumfries, attached to a convent of Minorite
Friars, Robert Bruce stabbed John Comyn with a dagger.
The wound not proving mortal on the instant, one of
Bruce's companions completed the task with his own,
was these words, " Pse mak sicker." This companion
was Roger Kirkpatrick of Closeburn, whose descendants
still bear the motto on their shield, and one of
shortly about to mount the throne
of Imperia whom is
l France.
—Caledonian Mercury,

CENTRAL CRIMINAL COURT-(THIS DAY),

OLD COURT.
(Before the Recorder.)
ROBBERY FROM THE PERSON.
Hannah. Healey, 20, a married woman, and Ann Jack-
son, 19, also a married woman, were indicted for steal-
ing eight sovereigns and other moneys, the property of
William Slater, from his person.
Mr. Ryland prosecuted, and Mr. Payne defended the
prisoners.

The prosecutor said he met the women about two
o'clock in the morning, near Temple-bar, and accom-
panied them to several public-houses in the neighbour-
hood, where he treated them to drink. He then engaged
a cab, and gave them a ride down the Strand. Shortly
afterwards he became unconscious, and on arousing from
his slumber, he found himself in a cab in the Blackfriars-
road, about five o'clock in the morning. The prosecutor;
in answer to a question, said he was perfectly sober
when he first made the acquaintance of the females, but
he admitted that the same evening he had been to the
Coal-hole, where he had the honour of drinking a social
glass with the " Lord Chief Baron."
The Recorder having summed summei up the evidence,
the prisoners were acquitted.