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

MONEY MARKET AND COMMERCIAL
INTELLIGENCE-(THIS DAY.)

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 8,000 bales, of which 3,000 American
were taken for export and on speculation. The
market closed firmly. The sales comprised 5,500
American ; 300 Pernam and Maranhain at 6d. to
7-kd. ; 350 Bahia at 61d. ; 200 Egyptian at 60.
to 71d. ; and 1,700 Surat at 3d. to 42d. per lb.
Railway shares were firmer.
The six weeks' average price of wheat is 455. per
qr., and the last week's sales are reported at
80,666 qrs.
The following is part of a statement by Messrs.
Houghton and Levy, of Liverpool, concerning the
foreign Currant trade :
" The stocks at this port are now reduced to scarcely
one-half of that of the same period last year, and the
clearances are proceeding at the rate of about 60 tons
per week. There is still a quantity of superior fruit held
by some of the wholesale houses, but entirely withdrawn
from the market at present the holders anticipating
further improved rates, which we have but little doubt
will be obtained, as the crops of next season will be so
exceedingly small. The stocks also being materially
diminished, and without hope of any supplies from the
Continent or elsewhere, the difficulty will arise how the
autumnal demand is to be met. The high prices will, no
doubt, in a measure, check consumption ; but having
now become an indispensable article, we feel assured a
further rise will yet take place as the approaching season
advances.

"N.B.—Since writing the above we have received
still later advices to hand this evening, stating that in
many of the principal districts, where the vine is chiefly
cultivated, the failure will be total."

On the 20th ult., Mr. George Ridley was exa-
mined before the committee on the public-house
licensing system. He gave some practical sugges-
tions for reforming magisterial mismanagement, he
showed the morals of the people did not depend on
the vigilance at present exercised by magistrates in
connection with public-houses ; that the several
licensing acts operated as a cloak for fraud in the
sale of adulterated malt liquors, &c., securing a
large profit to a class, who by these fraudulent
means carried on a profitable business, whereby
high premiums are obtained for public-houses. It
was suggested that the " description of trade" car-
ried on by Fearon and Sons, Stevens and Sons,
Currall and Sons, and such like, should be
adopted as models for throwing the trade
open, for that those gentlemen have obtained the
victualling license ostensibly to carry on a retail
wine and spirit business, but have not houses for
public accommodation, or for consumption on the
premises.

The following facilities (we think) would suffi-
ciently cure the present corrupt monopoly. That
the legislature should (on the plan adopted by
Messrs. Fearon and other genteel houses),
without magisterial authority, concede to house-
holders, with sureties for good conduct, the
privilege of selling small quantities of spirits (not
to be consumed on the premises under heavy
penalties), down to half a pint • and liberty to
parties, not dealers in spirits, to sell wine, to be
consumed on the premises where sold—this would
sufficiently meet the evil, at present so injurious
to the foreign wine and spirit trade in general.
From the New York accounts, received to-day,
it appears that the Crescent City, from California,
had arrived at San Francisco. The miners were
doing well,
and the prospects of the farmers were
encouraging.
Trade was dull, and there was an
absence of speculation, but an early revival was
probable. During the last six months it was
estimated that 400 Indians had fallen victims to
small-pox, but that this disease very seldom was
taken by whites. Some apprehension was felt
about the crops not turning out so well as was
expected, the cut-worm having been very de-
structive. In some places whole fields had been
destroyed, and the ground ploughed up and re-
planted. All attempts to destroy the pest had
been fruitless. The salmon fishery in Sacramento
was very productive. The prairies are now inter-
sected with comfortable lines of stages. The Sacra-
'lento and American rivers were rising and in
many Parts had overflowed for the third time this
Year, and it was feared if they rose much higher
great damsge would be done to the crops. There
id
a fires demand for labour, and teams of every
were in increased request. Most mechanics
were on the strike, and this had extended even to
milliners and dressmakers.
The
English Stock Market has been rather de-
pressed this morning, Consols being now quoted
0i to 98, after having been done at 98 and 98i.
The New 3/ per Cents. are 101 to 1011, and the
3 per Cents. from 98i have receded to 981. Bank
Stock is heavy at 228 k, and India Stock at 25613.
Exchequer Bills are ls. to 4s. premium.
In Foreign Securities scarcely any business is
doing. Spanish New Deferred Bonds are at 221,
and Portuguese 4 per Cents. have been done at
401. Equador Stock is at si. Brazilian Small
Bonds realise 1001. Dutch 21 per Cents. bring
635 ex dividend. The accounts from Amsterdam
mention that there was more uneasiness there.
The last week's railway receipts, ascertained up
to this day, are in round figures as under
1853. 1852.
Great Western £22,323 £19,464
North Western 54,699 50,961
South Western 16,312 14,248
Brighton 11,662 12,096
Midland 24,913 23,051
South Eastern
17,851 16,342
Caledonian
Great Northern .......
Lancashire and Yorkshire 15,817 11,35319,142 17,785
York and North Midland, Newcastle
and Berwick, and Leeds Northern
These returns are p30;984 24,459
articularly encouraging, and
prove that, intrinsically, railway property is much
more valuable than it was.
The Railway Share Market has been quite inac-
tive, and prices are rather lower than they were
the erday. French Shares have been more offered,
discovery of an alleged conspiracy at Paris hay-
ing an injurious effect. Upper India Shares are
better.
In G old Mines there is nothing doing, and nomi-
nally they aro lower.
• The Joint Stock Banks are about the same.
Land Companies' Shares have declined.

BRITISH FUNDS THIS DAY.
( From the Official List.)

Business done:
Bank Stock ...... ........... ....... 22Bi
3 per Cent. Reduced Annuitie5:........... ...... ;
9R i i
3 per Cent. Consols Annuities. . ..... 98 1 `.- -
1 i
New 3i per Cent. Annuities lO4 '7
81
A 8 a d
India Stoek ..........
6t
India Bonds, £lOOO
'
South Sea Stock
South Sea Old Annuities 115; i
Consols for Account
Exchequer Bills, id.
___
21000 ....
.....................
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent
eldlian Bonds, 6 Per ...
Cent-.... ................... ..
..
..
..
..
..
11°°05i
Equador Bonds
Peruvian Bonds, 4c4i,;; Cent: .. ..
Russian Bonds,
DiDitto 46 per Cent. Tit.
................ - -,—,,,,,
tto Small
Sardinian Bonds, 5 per Ceuta.""" Rm.
Spanish Bends, 3 per Ce3npt.; . 6.i ........
Spanish New Deferred, :
Dividends on the above payable in
Londo22n
Dutch Exchange, 2 per Cont. ... . •
.... -••• 63i i x d
HREE O'CLOCK'.
Consols for Opening 19th July—T
............ 97i. 8 x

Sir,vEn.—The dollars and silver brought by the last
Royal mail steamer were sold yesterday at 590. and
610. per ounce, caused chiefly by the continuance of
the demand for China and India.
EMIGRATION TO!AUSTRALIA.—Some delay has taken
place in dispatching the Government emigrant ships at
Southampton in consequence of the difficulty in getting
sufficient emigrants, agricultural labourers being now
greatly in demand in this country. The ship Statesman,
lying at the above-named port, has nearly her quota of
emigrants on board, and she will sail on the 9th inst.
She will sail on the great circle principle, and it is
expected she will reach Port Philip in about 76 days.
She will carry out a large number of letters, many
of them duplicates of correspondence sent this week by
the Australian overland mail.
PONTGIBAUD SILVER LEAD MINING AND SMELTING
COMPANY.—This company, it is stated, has lately been
re-constituted, and the anagement undertaken by
l‘lessrs. Taylor and Sons, of London. Mr. Richard
Taylor, of this firm, is now at Pontgibaud, organising
_measurestv to bring the mines into profitable working.
the
eitoERPOOL ELECTION.—Mr. T. B. Horsfall, one of
(la, Conservative candidates, arrived in town on Tues-
r4s7ne_ning from the Continent, and addressed a nume-
addrisse.lThe
terda 'etiiig of his supporters in the Amphitheatre yes-
Hon. Mr. Liddell was also present, and
Moore, r, the Conservative electors. Mr. John Bramley
will n,id:_.s eaid, is coming forward, and it is stated he
spect
Ersk the electors from the hustings to-day. Sir
constituen
of the Y Is fast gaining the good opinion and re-
tors of Live,,,,r4rJre thoughtful and intelligent of the elec-
of his -r•r°°l He addressed a very numerous body
evening. The op
;s cm Tuesday evening, and also last
parties is that th•ili°n of many shrewd and observant
Sir Erskine PerryßeAealmztoArisr.wiilol
rb:faidLecided in favour of
SUICIDE AT
last, a man destroYer .I,'PE.
It appears that the de —On Wednesday afternoon
iroself by jumping over the cliff.
the cliffs by the Mount sat himself on the edge of
and drew it across his trlobioia-parade, took out a razor,
he afterwards returned it t at, making a deep incision ;
his pocket, and then eithero the
1.01
the cliff
, which at this spotcase, puttingm n that into
is or threwlf over
body ialling, near some ehuc re nearly 100 feet high, the
at hand, but he was found tv.benAssistance was soon
Eastern, Gazette. quite dead. —South-