The Sun.
London, England, 1853-10-03 00:00:00

MONEY MARKET

AND
CITY INTELLIGENCE.

CITE TWO O'CLOCK.

The sales of cotton at Liverpool on Saturday
were estimated at 4,000 bales, all to the trade.
The market was flat and heavy, without alteration
in prices. The sales comprised 3,500 American,
200 Egyptian at 6d. to 711, 250 Surat at 31d. to
4d., and 20 Sea Island at Is. 9d. per lb. The
Share Market was steady, and prices of all the
leading stocks were 1 to 2 per cent. higher.
The corn trade has been dull to-day at last Mon-
day's rates.
The stocks of iron are so reduced in Scotland
that an improvement in prices is anticipated.
In reviewing the course of the Manchester mar-
ket for the past month, Messrs. M'Nair, Greenhow,
and Irving state that the advance in discounts, the
fear (which they consider exaggerated) of the AUE.•
tralian trade being overdone, and the deficiency in
the harvest, have had an unfavourable influence
upon the market, and caused, in some instances, a
decline in prices. The accounts from India, and
the probable stoppage of some of the mills, may,
however, bring about some improvement. They
then proceed to remark that—
" The unsettled political relations between Russia and
Turkey ; the continued stringency in the Money-market
(the Bank having thrice within the month raised its dis-
count from the minimum of 3A to 5 per cent.), and the
fears—unnecessarily aggravated we think, upon a com-
prehensive review of what has been done profitably and
the implied stability of those engaged in a legitimate
trade with that important colony—engendered as to the
consequences of a reaction from Australia from over
trading, are considered as popularly constituting the
essential causes for the present state of things and de-
pression ; and we may add to them the insurrectionary
movement in China, which has brought business there
to a comparative stand still. We would also not omit
reference to the serious deficiency in our own harvest,
which, together with exceedingly extravagant specula-
tive operations in foreign securities, and the demand for
gold and silver consequent upon each, as having mate-
rially contributed to bring about the present value and
stringency in the Money-market. _

" it is satisfactory to observe, that amongst those
who are practically conversant with the bona fide com-
mercial transactions of the country, no disasters are
likely to ensue. Legitimate facilities, though at a much
dearer rate—compared now with the rate of discounts
as they were at the beginning of the year—are not re-
fused ; neither will they in all likelihood be, from a
general belief that the trade of the country, during the
last four years, has been carried on, with the exception
of transactions to Australia, upon sound principles gene-
rally."

From the New York accounts, it appears that
the Stock Market was slightly firmer, but the up-
ward tendency was by no means confirmed. The
money market was not easier, and discounts were
Contracted. The exports of specie during the
week ending Sept. 15, amounted to 10,000 dollars.
There was a scarcity of shipping, which restricted
the shipments of agricultural produce to Eng-
land that otherwise would take pima. The
weekly return of the City Banks shows that
the aggregate loans and discounts amounted
to 90,190,589 dollars in the week ending the
17th ult., the deposits were 57,612,301. dollars,
the specie 11,860,235 dollars, and the circulation
9,556,723 dollars. From a comparison with the
corresponding items of the previous week's return,
we find a diminution of 917,758 dollars in the dis-
counts, and of 30,613 dollars in the circulation, but
an increase of 67,137 dollars in the deposits, and of
476,542 dollars in the specie. The increased de-
posits would, if there was a steady decrease in the
discounts, denote an easy money market, but such
was not the case. There being very little idle
capital in the banks, the deposit department of
these returns must have been artificially completed.
The total value of merchandise exported during
the week to the 17th ult. was 1,369,753 dollars,
including specie, and the imports 4,350,739 dollars,
showing an excess of imports of 2,980,986 dollars.
The bulk of the exports was in breadstuffs.

From Lower Canada we learn that there had
been a land sale of 150 arpents, in one lot, for
1,5001., over and above the lods et ventes, amount-
ing to 1251. more.

The accounts from the West Indies state that in
Jamaica the plantations were looking well, and the
crops in some parts of Jamaica were expected to
exceed those of last year. There was a scarcity of
labour. Sickness still prevailed in some of the
colonies.

An important public meeting had been held in
Jamaica for the purpose of forming a Mining As-
sociation for the mutual protection of parties
engaged in mining pursuits. The colonists appear
to be very zealous.

The English stock market has been firm this
morning upon the intelligence of fresh propositions
from Olmutz, but prices have not reached the
highest point of Saturday. Consols have been 93
and 93i for transfer, but not higher than 931 for
account, and are now 921 to 93. East India Stock
has been firm at 246. Exchequer Bills are Bs. to
13s. premium, and India Bonds 3s. discount.
Foreign Securities have been rather neglected.
Mexican, however, have been in request at an ad-
vance to 242 and 25, owing to the receipt of 80,000
dollars for the dividends. Peruvian Old Bonds have
been done at 72k, and the Deferred at 50k. The
imprisonment of a party at Lima who has estimated
the guano supply at only 8 years, while even the
Government did not compute that it would last
more than 18, is calculated to awaken suspicion.
Grenada Deferred Bonds have been at to Ba.
Brazilian 5 per Cent. Stock has realised 971. Bel-
gian 4k per cents. have been done at 971.
In Railway Shares a large business has been
transacted, and at full rates generally, a slight ad-
vance being observable in some instances. Great
Northern, Great Western, South Western, and
Shrewsbury and Birmingham have been most dealt
in. French Shares opened tolerably well, but are
rather lower since.

In tho Gold Mine Shares there have been a few
transactions at the previous rates, and the Aus-
tralian banks are higher. The Land Companies'
are looking up.
The railway meetings announced are the fol-
lowing :

COMPANT. DATE. PLACE, &C.
Darent Valley ii Oct. 11, 27, New Broad-st,
East Grinstead Oct. 7, East Grinstead.
Great North of Scotland Oct. 7, Aberdeen.
Llanelly Oct. 15, London Tavern.
Waterford and Kilkenny Oct. 12, London Tavern.
West Flanders
Ditto ditto

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(Prom the Official List.)
Business done.
3 per Cent. Consols Annuities' 93 3
India Stock
India Bonds, £lOOO .......,

Ditto, under £lOOO 3 d
Consols for Account) 93 *
Exchequer Bills, ld.
£5OO l3 8
Ditto Small
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent
Grenada Bonds, Deferred
Mexican 3 per Cent.
Ditto for the Account 25 4i 5
Peruvian Bonds, 43 per Cent. 72*
Peruvian Deferred 3 per Cent.
Dividends on the above payable in London.
Belgian Bonds 4* per Cent. ex. 25 fr 971
HALF-PAST TWO.
Consols 92 3
Ditto October Account 92 3

MARLBOROUGH-STREET.-(THIS DAY.)

APPREHENSION OF ARISTOCRATIC GAMBLERS AT THE
COCOA FREE CLUB, 64, PALL-MALL.—The following
prisoners were apprehended at about two o'clock on
Sunday morning, engaged in gambling :—Wm. Brown,
Frederick Thomas, George Hunter, George Liley, Jas.
Webster, George Williams, John Fredericks, William
Jackson, Samuel Hawkins, George Frith, William
Richards, James Joel, Henry Baker, Henry Thompson,
Alexander Edwards, Donald Miller, Charles Williams,
David Wynne, James Wilkinson, John Shubrick, Chas.
Liley, Edward Brandon, Charles Reynaud, and James
Simpson. The greater number, if not all the persons
whose names are given above, have given false names,
and false addresses, most of them being at tip-top aristo-
cratic hotels and club-houses.

According to the entry on the police-sheet, the de-
fendants were charged with being found in a common
gaming-house, 64, St. James's-street, for an unlawful
purpose.

- Superintendent O'Brien, of the C division, on being
sworn, said—l produce the commissioner's warrant au-
thorising me to enter the premises No. 64, St. James's-
street, and on Sunday morning, about two o'clock, I
went, accompanied by several constables, to the above
house, and having effected an entrance, I passed two
doors, and further on in the passage I came to a third
door with a chair across. Having broken down the fas-
tening of this door, I proceeded further on, and came
to a fourth door covered with green baize, and much
stronger than any of the others, being lined with iron.
I knocked at this door for a few minutes, but could
make no impression, as it was too strong, and fastened
with bolts and chains, and oth s :fastenings. I
then caused a hole to be made in the adjoining
wall, and soon after a person called out, " I'll open the
door." The defendant Brown, who was the door-
keeper, then let them in, and I proceeded upstairs, and,
in a room on the first floor, I found all the defendants.
This room was fitted up as a billiard-room, and a supper
table was laid out. Some of them were at supper, and
the others had cues in their hands. I took them into
custody, and subsequently searched the house, but found
no implements used in gaming.
Mr. Bingham—ls that the case I
Mr. O'Brien—lt is so.
Mr. Bingham—non the defendants arc discharged.