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

MONEY AND COMMERCIAL NEWS.

CITY, Two o'Cnoerc.
The sales of cotton at Liverpool yesterday were
estimated at 7,000 bales, of which 1,000 American
were taken for export, and 1,000 American and
500 Surat on speculation. The market closed firmly,
and, compared with Friday's rates, American and
Surat were id. per lb. higher. The sales composed
600 American, 100 Pernam and Maranham, at 61;d.
to lid. ; 300 Egyptian, at 6d. to 10d. ; and 800
Surat at 3d. to 4d. per lb. Railway Shares had
a better appearance.
In reference to the state of the tobacco trade
during the past month, Messrs. Grant, Hodgson,
and Co. report as follows :—" The market has con-
tinued steady for all descriptions, and we have re-
sumed our previous quotations. Buyers have been
more numerous than for some time past, but pur-
chases, in most instances, have been limited. In-
quiries have been made for export descriptions, but
which have not yet terminated in any transactions
deserving attention. Latest advices from New
Orleans state that there had been very few
sales effected for some days, but that prices
had remained steady, especially for good and
fine sorts. The last crop is represented to be very
deficient in colour, ripeness, and. flavour. Consid-
erable business has been done last month for the
colonies, more especially for Australia ; and we
think that additional facilities might be obtained
for manufacturing in bond, by which means a
larger portion of this important trade would be
secured to our manfacturers."

In the rates for bills of exchange negotiated here
yesterday afternoon, there was a slight improve-
ment upon several places. Paris, 90 days, was
taken at 25 274 to 30 ; Hambro' at 13 51 to 6. ;
Frankfort at 1191 to I, and Trieste at 11 6 to 10.
The cause of the Foreign Exchanges not taking
a more decided upward course after the advance of
1 per cent, on discounts, is still discussed with con-
siderable interest ; but we scarcely think any vio-
lent action was desirable. The Bank may, by its
present policy, gradually bring back matters to a
healthier tone, and it is only proper that parties
who entered into engagements upon the faith of
cheap money should be permitted gradually to con-
tract them.
The English Funds have been looking better,
and prices have rallied a little. Consols have been
marked 99i. to
for Transfer, and 99 for Ac-
count. The New Three-and-a-Quarter per Cents.
have been done at 103 to
and India Stock 269. Exchequer .
Bank Stock is nomi-
nally very firm, 1
Bills are at 555., and India Bonds at 655. premium.
The change in the French Ministry does not ap-
pear to be unfavourably thought of.
More business has been done in the Foreign
Market, and prices have a firmer appearance.
Spanish Passive Converted have been done at
si) and the New Deferred have been about
22 Portuguese Four per Cents. are at
38, and Mexican have been done at 23. For
Grenada Deferred Bonds the rates are 10 and 11.
Brazilian Five per Cents. have been quoted 101,
and the Four-and-a-Ha!f per Cents.
.981, being
for the latter a slight advance. Sardinian
Stock is quiet. Venezuela has been marked
38, being a decline upon the former prices, but
these were given about a week or ten days ago.
French 4 per Cents. have been at 103-K, with the
exchange at -25 10. Dutch 2i per Cents. are
65*

Railway Shares have been a shade better in some
instances, but the transactions are unimportant.
The principal dealings have been in North-Western,
Lancashire and Yorkshire, Great Northern, and
Caledonian. The French lines are rather higher,
though very inactive.
Gold Mines continue at much about the previous
rates, but the Colonial are rather better. The
South-Western have improved. The Land Com-
panies have remained much the same, and the
Australian Banks are barely so good.

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

Business clone.
3 per Cent. Reduced Annuities ... 1C)
3 per Cent. Consols Annuities
New 34, per Cent. Annuities..... .......
India Stock
India Bords, £lOOO
Ditto, under £lO3O 65
Consols for Account 10th February 994 I
Exchequer Bills Lid. March. June.
£lOOO..
£5OO.
Small

53 5

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent.
' Ditto Suir.ll
Ditto New, 1852, 44 per Cent 9Bi
Equador Bonds si
Grenada Bonds, Deferred,
Ditto Ex Dec., 1349, Coupon 2l
23
38
MeDxiitctoan
f3orptehre CAecnetz.t
Portuguese 4 per Cent. ........
Sardinian Bonds, 5 per Cent.
kpanish Bonds, 3 per Cent
Spanish Passive (Converted) si
Swedish Loan
2 d
Venezuela Bonds 3i per Cent.
French Rentes, 44 per Cent
Dutch Exchange 2 per Ceut 6SA 11
Ditto 4 per Cent. Certificates.... .... .

HALP-PAST Two.
Consols. ..............................
99h II
Ditto February Account

ACCIDENT ON THE SOUTH-EASTERN RAILWAY.—The
secretary of the South-Eastern Railway Company has
furnished us with the following report :—An accident
occurred on the South-Ea-stern Railway yesterday.
The 12.30 p.m. train for Ramsgate left London at its
proper time, but when within two miles of the Pens-
burst station the whole of the train, except the engine,
ran off the rails. Twelve passengers received cuts and
bruises, but, fortunately, none of a serious nature. By
means of the electric telegraph assistance was quickly
procured, and the passengers, with the exception of one
who was conveyed to Tunbridge, were transferred to
other carriages, and the train proceeded to Ramsgate.
A careful examination of the rails has been made, but
no defect could be discovered ; the cause of the carriages
getting off the line, therefore, yet remains to be as-
certained.

THE WELLINGTON FUNERAL CAR.—We understand
Viscount Combermere, as Constable of the Tower, has
received her Majesty's commands to prepare, forthwith,
a suitable place for the reception of the funeral car upon
which the remains of the late lamented Duke of Welling-
ton were conveyed to their last resting-place. It is in-
tended that the car shall be exhibited to the public with-
out any unnecessary restriction.
ILL-TREATMENT OF A CREW.—Captain Charles Per
cival Dixon, master of the ship Sarah Charles, 222 tons
register, just left London on a foreign voyage to the
Cape of Good Hope, but which put into Swansea for a
cargo of patent fuel, summoned the whole of his able
seamen before the magistrates of Swansea, on Saturday,
for non-performance of duty. The men, being called on
for their reason, made a long statement to the bench, the
effect of which was, that when they left London for
Swansea they had no lights allowed them to cook victuals
with. They could not eat the pork given them, which
was all alive, full of maggots, and the bread so mildewed
that they could not touch it. They signed articles for
half a pound of flour per day per man, but the steward
told them he could not cook it for them—he could not
break the lumps in it. They also signed for peas three
times a week, but they had beans given them instead.
The sugar they could not touch, it was so bad. The
men produced some of the articles. The dough made
from the flour was quite black, the bread quite green
and mildewed, and the liquor called soup looked more
like dirty water than anything else. The captain said
the men had the provisions as he bought them. A full
bench of magistrates decided that the captain had evi-
dently broken his contract with his men, and refused to
compel the men to go on board. The Custom-house
authorities were ordered to make a survey of the ship.
The proceedings created quite a stir in the town, and the
decision of the magistrates gave very general satisfac-
tion.
THE FREE-TRADE HALL, MANCHESTER.—This build-
ing, which has been the scene of such wonderful gather-
ings, and the name of which identifies the structure with
one of the greatest struggles this country ever saw, is
to be pulled down at the end of next month (March),
prior to the erection u2on the site of a hall of much
larger architectural pretensions, both as to exterior and
interior. A public company, with a capital of 25,0001.,
is in course of formation for the purpose of providing
the funds.
GLASGOW AND SOUTH-WESTERN RAILWAY.—The terms
of an agreement between this company and the Caledo-
nian with regard to the traffic, were finally concluded on
Saturday morning, subject to the approval of the share-
holders. The precise terms of the arrangement it would
be premature to state at present, but we believe they will
be found reasonable on both sides, and of course mutu-
ally advantageous,—North British Nail.
A DESERTER FROM THE BRITISH ARMY IN LOVE.—In
the Baltimore County-court, State of Maryland, Joseph
Sinott was sentenced to six years and six months' im-
prisonment in the penitentiary, for enticing a slave girl
of a Mr. Marash to run away. His reason for the crime
was that he was devotedly attached to her, and desired
to take her to one of the free states, and make her his
wife. He is an Englishman by birth, and a deserter
from the British army in Canadas.