The Sun.
London, England, 1853-08-29 00:00:00

MONEY MARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool on Saturday
were estimated at 5,000 bales, of which 1,200 Ame-
rican and 300 Pernam and Maranham were taken
for export. The market was tame, but steady.
The sales comprised 4,000 American, 400 Pernam
and Maranham, at (Id. to Bid. : 400 Egyptian at
61d. to 9d. ; and 500 Surat at 31d. to sd. per lb.
Railway Shares were extremely dull at lower
prices.
The corn market this morning is 4s. to ss. per
quarter higher, and floating cargoes are held for
6s. advance.

The accounts to the 16th inst. from New York
represent the money market as continuing light,
and some fears are expressed that the demand for
specie in England will draw further amounts from
America, and throw back upon that country some
of its securities now in Europe. Obviously, how-
ever, a great deal must depend upon the extent of
our grain imports, which may restore the balance
of trade in favour of the United States. The stock
market at New York was still very agitated,and dis-
counts on the best paper were 1 per cent. per month.
One writer says, " The demand for money from the
merchants exceeds anything we have known for
years. If this continues the consequences must
be most disastrous." It is further asserted that
the mercantile classes are large holders of specula-
tive stocks, which they are now obliged to sell.
If all this is the result of the new banking law
which compels the banks to publish weekly state-
ments of their liabilities and assets, it is a con-
vincing proof that they have been over-issuing,
and are obliged violently to contract in order to
keep permanently in hand the amount of specie
required, and ultimately, whatever inconvenience
occurs, we may look for a sounder state of things.
In the meantime, we trust there may not be those
local failures which one or two of the New York
papers apprehend. Up to the 13th inst. the ship-
ments of specie from New York had this year been
13,395,000 dollars.
During:, the week to the 13th inst. the excess of
imports over exports at New York was 1,660,000
dollars, being more favourable than previously.
The latest Mexican dates appear to be Aug. 8,
from Vera Cruz. Santa Anna had called for a re-
turn of all foreigners residing in Mexico without
licenses, with a view of imposing a fine or impri-
sonment upon them. General Gadsden, the envoy
from the United States, had arrived at Vera Cruz,
and it is said he was instructed to obtain the grant
by Mexico of a free right of way for a railroad
along the 32d parallel of latitude, the United.
States in return, relinquishing all claim to Tehuan-
tepec. This arrangement, it is said, would trans-
form the southern frontier of Mexico into one of
the most wealthy and populous regions in the
world.

The war between Peru and Bolivia is taking
quite a new turn, and the former country, it is
said, will have merely to look on, as the President
of the latter was afraid to summon Congress, and
had already two of his own generals in arms against
him. The revenue of Peru for the years 1851-2
showed a fair surplus. The difficulties pending
between Peru and New Grenada had been amic-
ably settled. Chili is described as being very pros-
perous, and in Bogota and Ecuador peace pre-
vailed.

The East India letters by the Overland Mail
describe the markets as being duller than was ex-
pected, but it was still expected that there would
be some improvement. In China, business suf-
fered by the continuance of the rebellion.
The packet established last year by the Royal
Mail Steam Packet Company to maintain a monthly
communication between Savannah and the Bahamas
and Jamaica having been withdrawn, the closed
mail can no longer be forwarded via Savannah.
The railway meetings announced are the fol-
lowing :
Ambergate Aug. 31, London Tavern.
Blackburn
Caledonian

Chester and Holyhead
Cork and Bandon
Cork and Waterford
Dublin and Drogheda Sept. 1, Dublin.
Dundalk and Enniskillen
East Anglian
Eastern Union

Edinburgh and Glasgow Sept. 6, Glasgow.
Fleetwood, Preston, & W
R. Junction
Glasgow and South-Western Sept. 6, Glasgow.
Kilkenny & Great Southern
and Western, Ireland Aug. 30, London Tavern.
Lancashire and Carlisle. Aug. 31, Lancaster.
Manchester & Southport
Mane., Buxton, & Matlock Sept. 8, Derby.
Mane., Sheffield, & Lincoln Aug. 31, Manchester.
Midland Gt. Western., Irel, Sept. 2, Dublin.
Monkland
Newmarket Aug. 31, London Tavern.
Newp.,Abergay.,& Hereford Aug. 31, London Tavern.
Norfolk Aug. 29, Guildhall-buildgs.
N. and S. Western Junction Aug 29, 15 Parliament-st.
North British Sept: 14, Edinburgh,
North Metropolitan
North-Western
Oxford, Wore., & Wolverh, Aug. 31, London Tavern.
Prt. Carl. Dk. & Railway
Redruth and Chasewater Aug. 30, 6 Queen's-st.-pl.
Royal Swedish
Shrewsbury and Hereford
South-Eastern Sept. 15, Bridgehouse-hotel

Thames Haven Aug. 31, London Tavern.
Vale of Neath Aug. 31, Neath.

Waterford and Limerick Aug. 36, Waterford.
West Cornwall Aug. 31, Throgmorton-st.
West End & Crystal Palace Aug. 29, 3 Adelaide-place,
London-bridge.
Worcester & Hereford
York and North Midland Aug. 30, York.
York, Newcastle, & Berwick Aug. 30, York.

The Committee of the Stock Exchange have inti-
mated, that as the Great Northern Railway Com-
pany have declared that the dividend due on their
4i. per Cent. Preference Shares will only be paid
to the parties registered in February next, the
shares shall be dealt in with, the dividend until that
period.
The railway
"calls" for September amount to
496,7291., of which 50,0001. is for the East Indian
Extension, 202,5001. for the Great Northern,
190,2291. for the Lancashire and Yorkshire Fifths,
and 54,0001. for the Middlesbro' and Redcar.
The English Securities have been a little firmer,
but there has not been much doing. Consols have
realised 98 and 98k for Transfer, and 98 to W for
Account ; the rise in the corn market and the d.elay
in the final settlement of the Eastern question in-
ducing the speculators to hold off at present. The
New Three-and-a-Quarter per Cents. have been
1011 to I, and the Three per cents. 981 to 99. East
India Stock is at 257. Exchequer Bills have been
at 2s premium.
Foreign Stocks have been quiet, and there is no
particular change in prices. Grenada Active
Bonds have been quoted 23, and the Deferred 91.
Brazilian Old Bonds have realised 1024, and Equa-
dor 5. Mexican are nominal. Portuguese Four
per Cents. have been quoted 45. Sardinian Bonds
are at 964. Dutch Two-and-a-Half per Cents. have
been at 65 to 1. Greek Bonds have been done at
71 for the blue. There is no alteration in Spanish.
Railway Shares have been affected by the ar-
rangements for carrying over, and the " continua-
tions" are but light on the English lines, while on
the French there is again a " baccadation." Prices
are in a few instances a shade better. Gold Mines
are steady, and Land Companies dull.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Business done.
3 per Cent. Reduced Annuities ....... 9Bl 9
3 per Cent. Console Annuities .
New 31 per Cent. Annuities lOll 1 I
India Stock 257
Consols for Account Bth September 9Bl 8
Exchequer Bills, ld.
£5OO

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent
New Brazilian Bonds, 1829 & 39, 5 per Cent loli
Equador Bonds
Grenada Bonds, Ex. Dec., 1849, Coupon 23
Grenada Bonds, Deferred
Greek Bonds, Red
Ditto, Blue
Portuguese Bonds, 4 per Cent.
Russian Bonds, 5 per Cent.
Ditto 4i per Cent.
Sardinian Bonds, 5 per Cent 96i

Dividends on the above payable in London.
Dutch Exchange, 2i per Cent.
Ditto 4 per Cent. Certificates
HALP•PAST TWO.

Conti°la 9B
Ditto September Account 9B

CHURCH RATE.—ST. ANNE'S, WESTMINSTER. The
polling
,for the church-rate of " one halfpenny in the
pound,' opened on Thursday evening last, and was
brought to a close on Saturday evening, when the num-
bers were—for the rate, 72 ; against it, 120 ; majority
against the rate, 48. Thus A will be seen that the pro-
posed church rate of " one halfpenny in the pound" has
been lost by a majority upon an appeal to the ratepayers.
It is remarkable that during the last day's polling not a
single vote was recorded in favour of the rate.
INFLUX OF GOLD TO PARlS.—Notwithstanding the
prospects of the harvest, and the transactions which
have taken place in consequence, the influx of gold to
Paris continues to increase, anc. the Mint have further
extended their period for coinage to 67 days. The
amount of gold now in the hands of that establishment
is sstimatsii at about 2,700,000/.