The Sun.
London, England, 1854-03-07 00:00:00

-;e:4;!:11.4:.vpti;t1.4.

I)ONLASTER RACES.
(THIS DAY.)

(BY ELECTRIC TELEGRAPH.)
TRIAL SAXES.

Snowdon Dunhill •.

4
F;ve ran.
SHEFFIELD AND BOTHEEHAM PLATE.
Ptolethy M .6-66.. 1

Nina ran.
HOPE!' UL STAKES.

Lady Palmerston
_ .

Twenty ran.
DONCASTER STEEPLECHASE.

Bourton

Clansman paid for both the Doncaster and Wetherby
Steeplechases.

MONEY MARKET

AND
COMMZRCIAL INTILLIGENCE.

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday
were estimated at 5,000 to 6,000 bales, including
1,000 for export and on speculation. The market
closed steadily at previous rates. The sales com-
prised 60 Pernam andMaranham at 61d. to 6frd.,
50 Bahia at 61d, 100 Egyptian at 51d. to 7id.,
500. Surat at 31d. to 40., and the remainder
American. The Railway Share Market opened
heavy, but closed rather firmer.
It is stated by Messrs. Smith and Charles, in
referring to the sugar trade i•—‘, There are no
letters - to-day from.. Petersburg. Since our last
advices on Friday our market has advanced ; the
Emperor's manifesto being regarded as a' final close
to the question of peace or war." As an additional
evidence of the state" or feeling here, we mention
that hemp has advanced 31. per ton since Satur-
day, clean is now quoted 50s.
Accounts from the cattle fair of Luxemburgh
ate that the number was large of most animals.
linr,s were in demand at higher prices, no doubt
arising from the requirements of the European
armies. -- •
The Danish e-rovernment has abolished the Light
and Pilot dues I,Nayable hitherto at Kiel upon
Transatlantic ships an‘ft their cargoes:
The steamer Magdalena has arrived, but her
letters will not be in town until to-morrow.
The Budget has engrossed almost exclusive at-
tention this morning, but is of so simple a cha-
racter that very little room is left apparently for dis-
cussion and conjecture as to results. It seems positive,
that the Chancellor of the Exchequer can, by means
of the surplus in hand, the issue of floating debt to
the amount of 1,750,0001., and an increased income
tax, make the receipts meet the expenditure, save
those extraordinary expenses to which the war will
give rise, and which defurevious calculation. A
large addition to theincome Tax is not very agree-
able ; but a retrograde 'movement in our commer-
cial system, just as we have- lightened the duties
upon imports to something like a rational standard,
would be still more regretable. Among the minor
changes, one of importance to the mercantile com-
munity is the imposition of a stamp upon bills of
exchange, whether drawn in this country or abroad.
This will be only just, and will relieve innocent
holders of all risk.
A decision in the Court of Chancery is recorded
in this morning's papers, and is important to the
Stock Exchange, since it appears to reverse a judg-
ment given only a feci days since by Lord Camp-
bell, and restores the old understanding that
foreign stocks or English securities (not being pub-
lic funds) can be purchased for a given day, or,
as it is commonly termed; for " account." Years
since, there were decisions in this. sense, and we
were much surprised when Lord Campbell's judg-
ment seemed to bring all time bargains under the
act of George 11. • ,
As many of the jobbers yesterday predicted,
there has been an improvement in the funds upon
its becoming known that no loan will at present be
required. We can hardly conceive, however, that
prices will' rise to any extent while the war is in
progress. Consols have been 91 to 911 for transfer,
and 91 to 91g. for account. Exchequer Bills are
13s. to 18s., and Exit India Bonds 4s. to 9s. prem.
South Sea Stock has been done at 115. Bank
Stock has' not been hither than 2181:
• The foreign stocks have been a little firmer, but
very quiet; Mexican Bonds have realised• 241 to
an advance owing to the arrival of the Magda-
lena. Chilian 6 per Cents. have been at 103, and
Brazilian small stock is at 99. Spanish 3 per Cents.
have reeled 361 4 ; Dutch 2i. per Cents. have
been marked 641.
Railway shares have recovered a little, and are
in some instances about 10s. better than yesterday.
This corresponds with the improvement in English
securities. The chief business has been in Caledo-
nian, Great Northern, North Western, and York
and North Midland. Foreign shares are all ne-
glected.
The current prices for the Jamaica mines, not
officially quoted, are as follows
Metcalfe, par to # premium ' Sue River, 4 dis.
count to par ; Post Royal, 1 to 1 premium.
In the Mines and Banks there is very little
doing, and the Miscellaneous Shares are generally
quiet.

BRITISH- FUNDS TRIS'DAY.—CLOSING PRICES,
(From tkc Official Irk.)
Business done.

Bank-Stock .—. .. .............. ...... 2lBk
3 per Cent. Reduced Annuities. • shut 92'
3 per Cent: Consols Annuities 9li 1
New 31 per Cent. Annuities 92l' f 3
Lone Annuities, Expire stliJan.; 1860 5f 5-16 3-16
Ditto '3O (Years, Expire 10th Cet., 1859 4 15.16 5
Ditto 30 Years, Expire sth Jan., 1860 5
India Bonds, 21000 ............
Ditto, under £lOOO 9 P
South Sea Stock
Consols for Account 16th March•
Exchequer Bills, Id.
£IOOO
2500
18 p
Small

PRICE ,OF FOREIGN FUNDS THIS DAY.
Brvilian Bonds, 5 per Cent.
Ditto Small .• 99
Chilton Bonds, 6 per Cent .
Danish Bonds, 1825, 3 per Cent ~...-
Egnador Bonds
ifexioan 3 per Cent
Russian Bonds, 5 per Cent
Ditto for the Account.
~ B9 ITi 9
Ditto 44. per Cent B3
Spanish Bonds, 3 per Cent ' 3e4 i i
Spanish Nov Deferred, 3 per Cent. l7l
Venezuela Bonds, 3i • - Nut. -

Ditto Deferred, 1 per Cent ll
Dividends on the above payable in London.
Dutch Exchange, 2i per Cent. 12 Gull 55.1
Ditto 4 per Cent. Certificates
THREE O'CLOCK.

'Coniola , • • -----
91f
Ditto March Account.,. ;,,...,91f

WEST INDIA MAILS.

(BY ELECTRIC TELEGRAPH.)
SOUTHAMPTON, TUESDAY MORNINU.
The Royal mail steamship Magdalena, Captain George
Abbott, arrived this morning, with the West India, Pa-
cific, and Mexican mails, in charge of Lieutenant Wil-
kinson, R.N., Admiralty agent. During the latter I) art
of her voyage the Magdalena had encountered a continu-
ance of strong gales from the eastward • the ship rolling
greatly, and shipping great quantities of water.
The latest dates are :—Tampico, Feb. 2d ; Vera
Cruz, sth ; Greytown, sth ; Nassau, 16th ; Chagres,
Bth ; Havannah, 11th ; St. Thomas, 18th ; Jamaica,
11th ; Barbadoes, 12th. She brings 78 passengers,
and on freight specie value $2,680,769 ; also for
account of the Mexican dividends, $66,558 ; gold
and gold dust, $27,500 ; platina, value $46,767.
The cargo consists of cochineal, jalap, quinine, sar-
saparilla, &c.
From Jamaica we have dates to the Ilth ult. The
island was healthy, and the existence of cholera is denied.
The House of Assembly was still in session, and had
agreed to the Responsible Government Bill, which would
soon, therefore, be under the consideration of the Coun-
cil. The deficiency of revenue during the "dead-lock"
was ascertained to be about 120,0001. This the Assem-
bly proposed to meet' by the issue of half that
amount of Exchequer Bills, bearing 6 per cent, interest,
and half in island cheques. In the Jamaica markets the
high price of all descriptions of imported goods con-
tinued to check the operations of trade. Supplies were
ample. Sugars were accumulating at Kingston, and
holders were unable to realise in consequence of the con-
tinued scarcity of tonnage, and there was no pimento in
the market, The cholera was subsiding in the islands,
where it has lately teen committing ravages.
The Pacific steam-ship Lima arrived at Panama on
the 4th of February, with dates from Valparaiso Jan.
15, Callao 24th, and Guayaquil 30th.
The Valparaiso markets had slightly improved.
From Lima, we learn that Glias had but little chance
of success against the present Government, unless Gene-
ral Belzu, with the Bolivian invading army, should effect
a junction with him.
H.M. frigate President had arrived at Valparaiso.
The advices from the Darien exploring party are more
favourable, and good progress was being made. The
party was in good health.
The Panama Star says that a party of 250 officers
and men, which left the United States brig Cyaue
for the interior on the 16th of January, had not been
heard of up to the 25th. Another party had been sent
in search of them, and it was supposed they had reached
the Pacific side.
By way of Callao we have Australian dates to the 14th
Nov., but the news is not later than direct advices pre-
- iously received.

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