The Sun.
London, England, 1853-11-30 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at 7,000 bales, of which 1,500 American
and 500 Surat were taken for export and on specu-
lation. The market closed steadily without altera-
tion in prices. The sales comprised 4,000 Ameri-
can, 170 Pernam and Maranham, 50 Bahia, 800
Egyptian, at 6d. to 91-d.; 700 Surat, at 22d. to
32d.; and 10 Sea Island, at is. 9d. per lb. Rail-
way Shares were flat.

One very important result of the recent Customs
Investigation is announced. There is to be an
open court for hearing the complaints and repre-
sentations of the merchants twice in every week.
In the accounts received yesterday from South
Australia there are many interesting statements
respecting the progress of the colony ; and although
gold has not been discovered to any extent there,
and it was at first apprehended that the effect of
its abundance in the other colonies would be to
draw away the population to Adelaide, the result
has not been such, and the progress of the colony
has been exceedingly rapid. It appears that
several parties who had left for the gold-
diggings at Melbourne and Sydney returned with
their acquired riches as speedily as possible to their
old locations in South Australia, and invested their
money generally in land. The wise regulations of
the Legislature facilitating the sale of land, together
with the very politic arrangements for bringing in
gold, and allowing it to pass current after being
stamped at the Assay-office, have proved of incal-
culable benefit, as the statistics which we subjoin
will tend to show. Another late recommendation
of the Governor, the Adelaide Chamber of Com-
merce had found it expedient to go against,
namely, the levying of an export duty on gold,
following the pry posal of Mr. La Trobe in Victoria.
To charge the South Australians with such a duty
would be to tax them twice, inasmuch as the gold
is not produced in their colony. The deepening of
the harbour and the bars at Adelaide will, it is
hoped, be early carried out. An improvement in
the local arrangements of the Post Office had been
carried into effect. The population of the Colony
steadily increased during the year enclitic, the 30th
of June la: t, and was calculated at 72,000 persons.
The general revenue yielded 149,0001., and the
territorial revenue 245,0001., showing an increase
of 200,0001., or more than double the revenue of
the preceding year. The following is a compara-
tive statement of the exports from South Australia,
for the year ending 25th of June last :

I. Produce of the colony—
Wool, 11,360 bales (3,702,952 lbs.) £189,657 15 0
Copper, 28,1442 cwt 113,893 8 0
Regulus, 34 tons 1,360 0 0
Copper ore, 4,7931 tons 95,147 0 0
Lead ore, 202 tons 291 0 0
Grain, 9,018 qrs 30,993 3 0
Flour, 6,233 tons 166,881 0 0
Bran and pollard, 1,5192 tons 16,399 5 0
Hay, 1,309 i tons 13,278 0 0
Other farm produce 13,629 10 0
Tallow, 180 cwt 250 0 0
Hides, horns, bones, &c 316 0 0
Animals 4,170 0 0
Sundries 5,704 0 0

Total exports, produce of the colony, £651,970 1 0
11. Imports re-exported 101,104 18 0

Total exports of merchandise £753,074 19 0
111. Gold dust and bullion, manifested, 1,487,283 0 0

Grand total £2,240,358 19 0
Besides gold dust. and bullion not manifested, the quanti

ties of which cannot be ascertained.

The excess, compared with 1852, was 1,296,0561.,
but a largo proportion of this was gold. The im-
ports, exclusive of coin and bullion, were
1,007,3831., being an increase of about 400,0001.
The circulation of the Banks was 226,6331., and the
discounts were 331,9131., being a reduction as com-
pared with July 1852, while the bullion showed an
increase of over a million, being 1,532,0001. The
large amounts realised for land must materially im-
prove the position of those companies, and indi-
viduals who have estates eligibly situated, espe-
cially near the towns of the colony, as there is less
land jobbery than in Victoria, and the pursuits of
agriculture and mining are in more favour, the
increase of population will no doubt be composed
of the choicest settlers, and possessingthe requisite
means of becoming small proprietors.
Money is in demand again to-day, and shipments
of bullion are rather freely made to France.

The English funds are -giving way, and there is
a renewal of money sales, the increasing rate of
discount out of doors telling very sensibly in con-
junction with the altered aspect of political mat-
ters. Consols have been 95 to 11, and since 941
They are now 94 This is per Cent, under yes-
terday's closing values. The New 3i per Cents.
have been marked 95f to and the 3 per Cents.
93i to 94k. Bank Stock, after being 2171, has
rallied to 219. Exchequer Bills are ss. to Bs., and
India Bonds Is. to 3s. premium. India Stock is
at 250, and South Sea Stock at 113.
Not a dozen bargains have been entered into in
the Foreign Market, and prices are not so good.
Spanish New Deferred have been done at 22 and
22. Grenada Deferred at 7/, and Dutch 2 per
Cents. at 63g. There have been no bargains in
Russian or Mexican.

There has been a decline in the quotations of
nearly all the English railways in which business
has been done, and the reaction in Consols is the
only cause to be assigned. Caledonian, Great
Northern, Great Western, Midland, and South-
Eastern, have been fairly dealt in. Foreign Shares
are all remarkably quiet, and the business has
fallen off in Belgian quite suddenly.
The Gold Mine Shares have been inactive, and
there is a decline in Mexican and South American.
Great Nugget are heavy.
The Shares of the Australian Banks have been
tolerably steady, and the British North American
higher.
A decline has occurred in Crystal Palace Shares.
The Land Companies' are about the same.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
( Prom the. Official List.)
Business done.

Bank Stock
i per Cent. Reduced Annuities KA 3$
3 per Cent Consols Annuities 954 4i I i
New 31 per Cent. Annuities 9si a
India Stock
India Bonds, £lOOO ••••• ........ •••••••
Ditto, under £lOOO 3 1 p
South Sea Stock
Consols for Account
Exchequer Bills, ld.
£l000

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Grenada Bonds, Deferred
Spanish Bonds, 3 per Cent 4si
• • _ nAr Cent. 211.4

Spanish New Deferred, 3 per Cent. 2l
Ditto for the Account

Dividends on the above payable in London.
Dutch Exchange, 2i per Cent. 12 Guil 638
Ditto 4 per Cent. Certificates..,..._.
HALF-PAST TWO.

Consols 941 i
Ditto December Account 9413 i

It is believed that the Emperor of Russia has with-
drawn the whole of his funds from the Bank of England,
and closed his account with that establishment, and also
with the Bank of France. The Bank of England had
acted as his hankers since the failure of Messrs. Harman
and Co., in 1846.

FRENCH IMPORTS OF COAL AND IRON.—Tho following
figures regarding the French imports of coal and iron,
extracted from official documents published by the
French Custom-houses, supply information of interest
at the present moment :—The import of coal from
England into France amounted in 1852 to 664,633 tons
of 1,000 kilogrammes, and that of coke to 2,733 tons.
In the same year France received 1,792,155 tons of
coal and 169,398 tons of coke from Belgium. Coal was
also obtained in considerable quantities from Rhenish
Prussia. As regards pig iron, the total amount im-
ported into France in 1852 was 46,244 tons, of which
15,002 tens were from England, and 26,416 from Bel-
gium.. She also received 1,841 tons of iron in bars and
270 tons of steel from England. In connexion with
these statements, it may be remarked that it was only
Belgian pig iron which (exceptionally) enjoyed under
the former French tariff the reduced charges that are
now made general, and that iron in bars or wrought,
whether coming from Belgium or from England, was
alike subjected to the excessive rates that prevailed up
to the publication of the recent decree.
COAL AND IRON TRADE.—Such a demand for coal,
with such high rates, never was known before in those
districts by the oldest man living. This is in a great
measure owing to the facilities given by the introduction
of railways into this locality for the transit of it into
the different countries, in connection with the home
demand for forges, mills, and furnaces, and, as winter
approaches, every person who can afford it is trying to
get in a stock. We are happy to state that the dis-
stricts are very peaceable and the colliers are remark-
ably quiet, and there seems a greater disposition on
their part to pay more attention to their work in the
early part of the week. The iron trade continues re-
markably brisk, and, as the French traffic upon manu-
factured and pig iron is now reduced, a still greater
impetus will be given to it. Prices are still advancing,
which is not to be wondered at, when we consider that
the price of the raw material has suffered no diminution
in price during the present year, while the prices upon
the manufactured and pig iron have receded consider-
ably, and are not now up to the standard they were
when coal and stone attained their present price.
Labour still continues in high request, with every
prospect of a continuance.—Wolverhampton Herald.
WHOLESALE DESERTIONS FROM THE NAVY.--It is
scarcely credible, but we believe that the fact can be
verified, that no less than 500 seamen and marines have
deserted from her Majesty's ships at the home ports
within the last two or three months.—Ryntouth MCA