The Sun.
London, England, 1853-11-07 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool on Saturday
were estimated at 4,000 bales, all to the trade.
The market was tame, but steady, at previous rates.
The sales comprised 3,000 American, 300 Pernam
and Maranham at 6d. to Bd., 200 Bahia at 61d.
to 51d, 250 Egyptian and sid. to 7d., and 300
Surat at 24d. to 3d. per lb. Railway Shares were
firm, at full prices.
There is a very dull market for grain this morn-
ing, with large arrivals of foreign.
The steamers Humboldt and Canada, from New
York, bring nearly a million of dollars in specie.
The advices from New York notice more buoyancy
in the Stock Market, though it was still in an un-
settled state, and the depreciation that had taken
place had been heavy. The specie shipments
during the week to October 22 were 1,932,414 dol-
lars, making the total for the year 20,446,511 dol-
lars. The dry goods market was depressed, owing
to the stringency of money, and the demand for all
kinds of goods was limited, at declining prices.
The shipbuilding trade was very active, and the
builders had been compelled to send agents in all
directions to procure a supply of wood, &c.,
to carry on their operations. The coal trade
was also very brisk. The weekly return of the
city banks showed a decrease in the discounts of
2,469,292 dols., in the deposits of 3,319,945 dols.,
in the circulation of 76,171 dols., and in the specie
of 1,026,918 dols. Flour had been in better de-
mand, and rather firmer. Wheat was improving.
Freights were rather lower. Cotton was steady.
The advices by the new steamer Brasilieras do
not represent business as being very active at Rio
up to Oct. 10. The sugar crop was fully a month
later than usual, and no large supplies were ex-
pected previous to the middle of November.
Freights were expected to advance, owing to the
scarcity of vessels. Exchange 27id. Monte Video
was again unsettled in its political relations, but it
was expected matters would speedily settle down.
The ship American Lass has arrived from Syd-
ney, which place she left on the Ist July. She has,
it is stated, only about 600 oz. of gold on board.
The steamer Harbinger arrived at St. Vincents
on the 19th ult. being 12 days, and left on the 20th
for Melbourne.

The railway meeetings announced are the fol-
lowing

Company. Date. Place, &c.
Charleroi and Erquelines Nov. 12, Charleroi.
Hampstead Junction Nov. 12, Euston Station.
London & South-Western Nov. 15, 61, Waterloo-road.

A further material improvement has occurred in
the English Stock Market, and upon " reading,"
preparatory to the settlement of the account, the
jobbers find the speculators so largely oversold,
that they have put the quotations to / per Cent.,
Consols having been 95 and 95/ for transfer and
Thursday. The December prices have been 94'4 to
952, a " baccadation" still existing. The New
Three-and-a-Quarter per Cents. have realised
95i to 96/, and the Three per Cents. 94 and
94g. Bank Stock has been very firm at an
advance to 215 and 217. Exchequer Bills are
maintained at 2s. to ss. premium, and India Bonds
are par to 3s. premium.

Foreign Securities are generally at steady prices,
but with very little business doing. Mexican
Stock is dull at 26-a Peruvian Deferred at 511,
and Buenos Ayres at 59. The 5 per Cent. Russian
Bonds have improved to 113. Sardinian Stock
is firmer at 93 to 93f. Spanish 3 per Cents. have
realised 45, and the Certificates 5 to
Railway Shares are all looking up, and it would
appear that as we approach settling day there
may be a further improvement, although, up
to this time, the real purchasers are not so de-
cided as to give an impetus to prices equal to
What has been imparted to Consols. The ad-
vance this morning is about 1 to 2 per cent. in
the favourite lines, and principally in Caledonian,
Great Northern, North-Western, Midland, and
South-Eastern. Luxembourg shares are still rising,
owing to satisfactory arrangements in progress.
French shares have been also better.

The Gold Companies' Shares have been quiet,
and the Land Companies' tend upwards. The
Australian Banks are generally better.

BRITISH FUNDS THIS DAY.
(Prom the Official List.)
Business done.
Bank Stock . ... . .
3 per Cent. Reduced Annuities 94
3 per Cent. Consols Annuities 9si 5
New 34 per Cent. Annuities 954
Long Annuities, Expire sth Jan., 1860 -16 4 5-16
India Bonds, £lOOO . .
Consols for Account
Exchequer Bills, 2d.
£l000
£5OO 5 p
Small 5 p
PRICE OF FOREIGN FUNDS THIS DAY.
Buenos Ayres Bonds, 6 per Cent 59
Mexican 3 per Cent.
Peruvian Bonds, 4i per Cent. 73 23
Ditto Deferred, 3 per Cent 5l A
Russian Bonds, 1822, 5 per Cent. £ St ll3
Ditto 4? per Cent 99
Sardinian Bonds, 5 per Cent 93
Spanish Bonds, 3 per Cent 45
Spanish Committee Cert. of Coup. not fun 54 a 4 p c
Dividends on the above:payable in London.
Dutch Exchange, 2i per Cent. 12 Gull . .
THREE O'CLOCK.
Consols
Ditto December Account 9SA

LLOYD'S SHIPPING.-(THIS D AY.)

LONDON, Nov. 7.—Wind this day at Noon, W. ;
light airs. It has been very foggy all the morning.
OFF DOVER, Nov. 6.—Four Brothers, for Batavia.
OFF DUNGENESS, Nov. 6.—Robert Parker, from Ant.
werp, for New Orleans.
PORTSMOUTH, Nov. 6.—Wind, E. to S.W. Arrived—
H.M.'s st. Medea, from the West Indies and Halifax.
Put in—Anne, from Bremen, for Baltimore, for medical
aid.—The Minerva, from Sunderland, is leaky, having
been aground.
DARTMOUTH, Nov. 6.--Wind, E. Arrived—Escort,
from Labrador. _ _

--
FALMOUTH, Nov. 6.—Wind, N. Sailed—North Star,
for Melbourne ; Matilda, for Demerara.

HARTLEPOOL, Nov. 6.—The Eugene (French brig), from
Newcastle, has put in leaky, having been in contact.
GRIMSBY, Oct. 6.—The Medus (Finland brig), Christian-
stadt to Bristol, has put in here very leaky, and must dis-
charge. The Lannistad, Dantzic to Hull, got on shore on
the Frimly Sand, and sunk ; crew saved and landed here.
SCARBOROUGH, Nov. 6.—The Firefly (schooner), of
Findhorn, was abandoned on the Ist inst., with pumps
choked ; crew landed here, per Fortuna.
PENZANCE, Nov. 6.—Wind, E.S.E. Arrived—Rein-
deer, from Cuba, for London.
HOLYHEAD, Nov. 6.—The Mary and Jane, of Newport,
is on the rocks at the Skerries, and is likely to become a
total wreck ; one man drowned.
BELFAST, Nov. s.—The Sophia, Clyde for Melbourne,
is on shore full of water ; passengers landed.—The Gon-
dola, of this port, Troon to Cuba, is also on shore near
Donaghadee, full of water.—The Guiding Star, Liverpool
for New ork, has put in here in distress—mainmast
sprung, and other damage.
ABERDEEN, Nov. s.—Arrived—Pacific, from Davis'
Straits, with six fish-65 tons.
WATERFORD, Nov. s.—Arrived—lron Duke, from St.
John's, Newfoundland. Sailed—Dunbrody, Savannah.
DOUGLAS (Isle of Man), Nov. s.—The Emerald Isle, of
and from London, for Liverpool, has been abandoned,
after being in contact with a large brig off the Skerries, on
the 31st ult. ; crew landed here.
QUEENSTOWN, Nov. s.—Wind, calm. Arrived—Char-
lotte, from Bahia.

CROOKHAVEN, Nov. Z. Arrived—Lawrence Forrestal,
from Quebec, for Waterford.
CASTLETOWNSEND —Arrived— Heroine, from Africa,
assisted in here dismasted, on the 2id of Oct. The cap-
tain and crew were all murdered, about the end of July
last, at Lahore, on the Coast of Africa. The vessel was
afterwards re-taken by the Tweed, of Bristol, and a crew
put on board.

- MONTE VIDEO, Sept. 30. The Madawaska, Liverpool
to San Francisco, has put in leaky in her top sides.
HAVANNAH, Oct. 18.—The Sandwich, Newfoundland to
this port, has been lost at Salt Key during a gale; crew
saved.

NEW YORK, Oct. 25.—The Western World, Liverpool
to this port, was stranded on Square Beach, Coast of New
Jersey, on the 22(1 of October, and is full of water ; crew
and passengers landed here ; cargo is expected to be saved ;
ship much damaged.

(BY SUBMARINE AND EUROPEAN TELEGRAPH.)
CUSTOM-HOUSE RETURN.
GRAVESEND, Monday, 10 a.m.
Wind, E S.E, light and foggy; tide, five hours' ebb.
Nov. G.—Arrived Olga, from Memel ; Charmides,
Kiel ; Karan Marie, Datzic ; Soblominson, Petersburgh ;
Ellida, Arendal ;Salvador, Fredericstadt ; Frederica
Christina, Petersburgh ; Sophia Maria, Frederickshall ;
Catharina, Fredericstadt ; Triton, Soderham ; Pomerania,
Stettin • Aurora, Hernosand ; Favourite, Porsgrund ;
Arendal, Hudickswall ; Grovende Kruth, Namisken ;
Erin, Skelleflata; Wider Kumpt, Memel ; Attent, Rust-
ingerseil.
Nov. 7.—Arrived—Hall, from Riga.
DEAL, Monday, 9.15 A.M.
Wind, N.E., light, with thick fog..
Anchored—Southampton, from London, for New York;
E gypt; London, for Demerara, lost an anchor and art of
chain.

LATEST FOREIUN NEWS.

RUSSIA AND TURKEY.
THE WAR IN THE DANUBE.
A telegraphic despatch from Vienna yesterday
(Sunday) says the Turks began the passage from
Rustshuk to Giurgevo on the 2d inst., under a
heavy cannonade between the two .places.
From Bucharest, Oct. 29, it is stated that Prince
Stirbey has held a review of the Wallachian
militia.
After the review the Prince was informed of
Prince Gortschakoff's Wish that the militia should
join the Russians in their operations against the
Turks.
Prince Stirbey replied, that the Wallachia
militia had to perform the duties of a garrison and
police in the country, and that they could not be
expected to take part in the campaign.
From Constantinople, Oct. 27, we learn that
the combined fleets of Great Britain and France
will take up their positions near Constantinople,
at the entrance of the Dardanelles, at Gillipoli,
and at Reicos, in the Bosphorus, off Therapia.
Advices from Odessa state, that the head-
quarters of the sth corps of Infantry, under Gene-
ral Liiders, are to be removed from Odessa to
Ismail.
The 13th division of Infantry has been shipped
off from Sebastopol and landed on the coast be-
tween Tuchan Kale and Redif Kale. Steamers
have been sent up the river Anakeon. Moller's
Infantry division has left Odessa to take the place
of the 13th division in the Crimea.
It was said at Paris yesterday, that information
had reached the Turkish embassy there to the effect
that only one division of Omer Pacha's army has
crossed the Danube, and that it does not exceed
12,000 men. There has been no collision between
the two armies. The intention of Omer Pacha is,
should the affair not be arranged, to cross the
Danube with the main body of his army, but at a
point considerably further down than Widdin,
where the first division crossed.
No news has reached the Turkish embassy of a
collision between the Turkish and Russian armies
on the frontiers of Georgia, and the rumours which
have been afloat on the subject for the last two
days are not believed in Paris. It is thought not
improbable that a collision will or may have taken
place in that quarter, but there has not been time
to allow the news of the event to reach Europe.
As respects the renewed negotiations for an ar-
rangement of the question between Russia and
Turkey, all that can be said is, that although the
Turkish Government is willing to accept any pro-
positions which will enable it honourably to escape
the necessity of war, it does not yet see any signs
of any such propositions being assented to by
Russia. The Emperor Nicholas, to be sure, affects
a willingness to enter into negotiations with Turkey,
but only with Turkey direct. He still maintains
that the question is exclusively between himself
and Turkey, and that the Western Powers have
nothing to do with it. In the hope of inducing
the Sultan to enter into this view, he has hinted at
terms which may be considered as favourable, but
the Porte knows that her only chance of safety is
to make common cause with the European Powers.
She resists all attempts to induce her to enter into
separate negotiations, and refuses to treat except-
ing in common with her allies.
The Press of Vienna, of the Ist, states that the
despatches so long expected from St. Petersburg
arrived on the 31st ult., and that they contain a
rejection of the last proposition of mediation. The
Emperor Nicholas, it is added, has sent new pro-
positions, which have been communicated by Baron
Meyendorff to the Austrian Minister of Foreign
Affairs. The Press, in a short notice of the affair
of Isactcha, states that the Russians lost 30 men
and a captain, and that two of their gun-boats
were sunk.
A Vienna letter of the Ist, in the Cologne
Gazette, states the number of Turks who had en-
tered Kalafat was 8,000, with 25 pieces of cannon.
This-letter states that the passage of the Danube
was made by Omer Pacha after receiving the firman
of the Sultan, ordering a suspension of hostilities.
The Emperor of Russia has addressed the follow-
ing to the commander of the district of the Caspian
Sea :
'"To the General Prince Argritenjky Dolgorokoff,—
At the entrance of Schamyl with large forces in the dis-
trict of Tscharo Belokan, and in the affairs which have
taken place, you, by your prompt arrival with the de-
tachment under your orders in that country, and not-
withstanding the great obstacles which your troops met
with in crossing the mountains, powerfully contributed
to put Schamyl to flight, and to re-establish tranquillity
in that country. On the report of the general-in-chief
of the corps d'artnde detached from the Caucasus, it is
agreeable to me to be able to testify to you my marked
tOnevolence for this distinguished feat of arms.----I am
your affectionate,
"NICHOLAS.
" Zarskse-Zelo, 3d Oct."
The Constantinople letter of the Journal des
Debats, dated 26th October, which arrived at Mar-
seilles by the Thabor, contains a copy of the note
transmitted to the Porte on the 20th October, by
M. de Bruck, the Austrian Internuncio. The fol-
lowing is the note
" CONFIDENTIAL PROJECT.
" In unanimously advising the Sublime Porte to adopt
the project of notes agreed to at Vienna, the Courts of
Austria, France, England, and Prussia are penetrated
with the conviction that this document does not in any
way violate the sovereign rights and the dignity of his
Majesty the Sultan.
" This conviction is founded on the positive assur-
ances that the Cabinet of St. Petersburg has given with
respect to the intentions which animate his Majesty the
Emperor of Russia in demanding a general guarantee of
the religious immunities accorded by the Sultan to the
Greek Church in his Empire.
"It follows from these assurances that in demanding,
in virtue of the principle laid down in the treaty of
Kainardji, that the Greek worship and clergy should
continue to enjoy their spiritual privileges under the
aegis of their Sovereign, the Emperor demands nothing
contrary to the independence and the rights of the Sul-
tan, nothing which implies an intention of intermeddling
in the interior affairs of the Ottoman Empire.
" What the Emperor of Russia wishes is, the strict
maintenance of the religious statu quo of his worship, to
wit, an entire equality of rights and immunities between
the Greek Church and the other Christian communities
subject to the Porte, and consequently the enjoyment in
favour of the Greek Church of the advantages accorded
to these communities. He does not mean to resus-
citate the privileges of the Greek Church which have
fallen into disuetude by the effect of time or of admini-
strative changes, but he demands that the Sultan should
make it participate in all the advantages which he will
accord hereafter to other Christian rites.
"The Imperial Cabinet of Austria wishes, conse- 1
quently, not to doubt that the Sublime Porte, in con-
templating once more, with all the serious attention
that the gravity of the situation requires, the explana-
tion given by Russia, with the object of stating precisely
the nature and extent of her demands, will decide on the
pure and simple adoption of the Vienna Note.
"That adoption, while ensuring to the Ottoman Go-
vernment a new title to the sympathy and the support
of the Powers which have advised it to take the step,
offers to it at the same time a means equally prompt
and honourable to operate its frank reconciliation with
the Russian empire—a reconciliation which so many all-
important interests so imperatively require."
The correspondent adds
"This note was the result of the conference of Olmiitz,
which appeared at the moment to be ignorant of the de-
claration of war by Turkey. Imfnediately after M. de
Bruck, Colonel Wildenbruck arrived from Prussia with
a project which was only a copy of the Austrian
project. M. de Bruck did not insist much, but the
Prussian came several times back to the charge. He
did not succeed better. The Porte is quite decided on
war. Reschid Pacha declares loudly, and has repeated
this morning in my presence, that the Turks were
determined to perish rather than ever to accept the
Vienna Note. In their eyes this new project of note
presented to them as a guarantee from Europe, is not
better than the note of the conference, and they have
rejected it without even discussing it. At bottom, those
among them who know a little of European politics,
appear to be persuaded that Europe will not allow them
to perish, that morally their cause will gain something
by attempting the way of arms, even if they should be
beaten ; and that, finally, Europe is too deeply in-
terested in preventing the war, not to exert itself to
force the Emperor of Russia to yield his pretensions,
since they themselves have gone to the utmost limit
possible in the way of concession ; and that they have
made up their minds to die with arms in their bands
rather than make further concessions. The Turks
have, therefore, absolutely iejected this new project.
To the reasons which have determined them it
most be added that, at the same time that this pro-
ject was submitted to them in the name of the four
Powers, there arrived also from France and England the
answer—tha contre coup of the note—by which Count
Nesselrode explained his manaer of understanding the
Vienna note. That answer, that contre coup was the ad-
vice given to the Porte by the two Western Powers not
to accept the Vienna note accompanied by clear and
frank pro Mises of support and assistance. The Turks
have therefore deemed themselves entitled to consider
these new propositions as non avenue, and the answer
to these new overtures is the entry of the fleets. They
have several days since passed the Dardanelles, but they
have not yet appeared before Constantinople. "
While the propositions of Prussia and Austria were
rejected, the Turks listened to England and France, and
it was on their demand that the orders were sent to the
army of the Danube and of Asia to stop a little before
commencing hostilities ; nevertheless, the new delay
fixed upon is very short. In place of the 23d of October,
it is to the 30th that the opening of the campaign has
been postponed. I do not know what is expected to
arrive during that time, but something must necessarily
be expected, since the day fixed by the Turks is the one
proposed by England and France. It must be con-
cluded that these two Powers expect within that time
some important answer or the conclusion of some nego-
tiation which is unknown to me.
"Austria, who has expressed her regret that all her
efforts to arrive at a reconciliation should have failed,
has intimated to the Porte that in any case she will ob-
serve a strict nei4trality. he yesterday officially took

the Russians remaining here under her protection. Al-
most all commercial men have left. The others, that is
to say, the functionaries of the consulate, the post-office,
.&c., took their passage yesterday by the Germania, a
steamer belonging to the Austrian Lloyd's, which they
freighted for Odessa.

‘rAt the moment of my return into the town I am
informed that the answer of Russia to the declaration of
war has arrived, and that, as was to be expected, it ter-
minates by an appeal to arms. But I have no means
of verifying this news."