The Sun.
London, England, 1854-11-10 00:00:00

MONEY MARKET

AND

COALIT TAL INT I,LTtIENCE.

CITY, TW 0 O'CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at 10,000 bales, including 1,500 American,
and 500 Surat, taken for export and on speculation.
The market closed firmly, with prices well main-
tained, and common qualities of Surats per lb.
higher. The sales comprised 7,500 American, 350
Perham and Maranham at 51d. to 80., 700 Egyp-
tian at sgd. to 82d., and 1,500 Surat at 3.fd. to
41-d., per lb. Railway Shares were quiet, at lower
prices.
Colonial produce has been taken to a fair extent
this week; and at former prices. Sugar, however,
has rather tended downwards. Coffee has been
firm, and in spices there has been no alteration.
More has been done in tea, and rice has been in
better demand, at advanced rates. Cotton has
been heavy of sale ; saltpetre is held more firmly ;
cochineal has declined about ld. per pound ; hemp
and flax have been rather in increased request ; and
tallow has not been brisk, but maintains its value.
The condition of the London dried fruit trade is

ius described by Messrs. Witherby and Han son :

"The market for currants has been since our October
report in an inactive state. The trade have confined
their purchases of the late arrivals at Liverpool, which
have latterly obtained here SOs. to 855., or ss. to 7s.
above the opening price at the port. This fruit is superior
in quality and condition to the bulk of 1853 crop, but
quite inferior to 1851 Cephalonias. The cargo per Tantivy
is not equal to the Liverpool fruit, but is held at SOs. for
butts. For barrels and cases of the Liverpool fruit 90s.
is asked. 1851 fruit continues to be neglected. The
French decree prohibiting distillation from grain has
raised a hope of that country helping to relieve this mar-
ket of its low 1852 and 1853 fruit ; holders accordingly
are less inclined to realise at present, but no purchases
of any extent have yet been made. The continued ship-
ments to the northern ports of Europe have, however,
considerably reduced the stock of such description."

In the Liverpool circular of Messrs. Houghton
and Levy is the following respecting distillation
from currants :

" The stock of '5l is only very trifling, and, with the
limited supply of new, not at all adequate to a moderate
consumption. The better description of other growths
will no doubt ere long come into notice, and as the French
Government has prohibited distillation from grain
strong hopes are entertained that the low qualities will
be taken for that purposs ; distillers there have already
given their attention to this, and amovement is in progress
to petition the Government for the import of currants and
raisins duty free, for such purposes—a facilitation which,
it is anticipated, they will obtain. The Economist of last
week makes a similar suggestion to the distillers of this
country, or to be allowed to distil in bond under control,
and remarks that, if this is contemplated, steps should be
taken at once, before any measure be adopted in France
v4iich would cause the low-priced fruits to pass to that
market. The duty-paid clearances have materially in-
creased, from 95 tons in September to 270 tons in Octo-
ber ; the same month last year they were only 45 tons.
The exports also show a favourable result, being 130
tons, against 90 tons in September ; in October, 1853,
they had almost ceased."

The foreign commercial advices are of a meagre
character this morning. The stock markets of the
Continent at the latest date were heavy, but money,
generally, is abundant. The Neapolitan Govern-
ment has prolonged the right of free importation of
grain to June, 1855.

The English Funds have been very depressed
again, and the supply of money stock still
exceeds the demand. The decline at the
Paris Bourse undoubtedly has an injurious effect,
and the exaggerated apprehension about the dura-
tion of the Sebastopol siege is also working. Con-
sols have been 937 to 94k, and are since 93/ to 93
for transfer. The account prices have been 94k I,
and are now 93 to 94. The new 3 per Cents. have
been 921 to 93, and the Reduced 9.2 i to 93i. In
Bank Stock nothing has been done. EaSt India
Stock is 233 to 235. Exchequer Bills have been
Gs. to Bs., and India Bonds lls. to 14s. premium.
Business in the foreign market has been quite at
a stand-still, the only security dealt in being Turk-
ish Scrip, which has not recovered much, being
to lit discount. The contractors have announced
that they will exchange the bonds just issued for
new ones properly signed by them.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 5i to 6 ; Mexi-
can, 22a to 22i ; Peruvian, 68 to 70 ; ditto,
3 per Cents., 48 to 50 ; Portuguese 41per Cents.,
40 to 42 ; Russian 5 per Cents., 95 to 97 ; ditto,
4 per Cents., 84 to 86 ; Spanish New Deferred,
18 to 181 ; itto, 3 per Cents., 37-i to 38 ; ditto,
Certificates, 51 to 5i ; ditto, Passive, 4t, to -4f7,-.
The Railway Share Market has been declining,
with more sales pressed. Great Northern, how-
ever, have been looking up. North Eastern, Cale-
don, North Western, and Lancashire and York-
shire are heavy. The Foreign lines have been a
shade lower, and with but few transactions.
The Colonial Mines are in some request, the
Banks scarcely so good, and the Miscellaneous Com-
panies, including Crystal Palace, lower.

BRITISH FUNDS THIS DAY.--CLOSING PRICES.
i Prom the Ogcial List. )
_ Bu,lness done
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities 94A 3if 4k 31
New :1 per Cent. Annuities
Ditto 5 per Cent
Lont.7 Annuities, Expire sth Jan., 18(i0 -16
Dittc 30 Years, Expire 10th Oct., 1859 4 1-16
Ditto 30 Years, Expire sth Jan.,1860 4 9-16
India Stock
India Bonds, £IOOO
Ditto, under £lOOO l4
Consols for Account 14th Nov.
Exchequer Bills, 2id.
£l000
Smal,
Exchequer Bonds 1858, 3i per Cont. lOO
Ditto 1859,
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent 99 8
Ditto New, 1852, 4;11 per Cent pp
Mexican 3 per Cent.
Peruvian Bonds, 44 per Cent.
Ditto 3 per Cent.
Sardinian Bonds, 5 per Cent BB
Spanish Bowls, 3 per Cent
Ditto Passive (Converted)
'Spanish Committee Cert. of Coup. not fun. 51
Turkish Scrip 6 per cent 1A Wid
Dividends on the above payable in London.
Dutch Exchange; 21 per Cent. 12 Gnil 6l
Ditto 4 per Cent. Certificates....,...
THREE 0 CLOCK.
Consols
Ditto November P. ccsrnt