The Sun.
London, England, 1854-08-07 00:00:00

SI 0 E ,:'4.11 AAL K. .

AND
COMMERCIAL INTELLIGENCE.

CITY. TWO o'CLOCK

The sales of cotton at Liverpool on Saturday
were estimated at 10,000 hales, ineludin4 Ame-
rican taken for export and on speculation. The
market closed firmly without alteration in prices.
The sales comprised 7,000 American, 200 Pernam
and Maranham at Gil to 60., 100 Bahia at 61d.
to sp., and 3,000 Surat at 31d, to 41d. per lb.
Railway Shares were firmer.
From Liverpool, Messrs. Houghton and Levy
report of the foreign fruit trade as follows :

" The consumption of currants has, in a great mea-
sure, been influenced by the prices of the necessaries of
life, and as they have fallen, so has the demand for fruit
continued to increase, although in a season of the year
when English fruits are in abundance, and take the
place of foreign dried. For 1851 fruit there is little in-
quiry, but still holders are firm in their pretensions, and
prefer looking on until the approaching season draws
nearer, when the result of the growing crop is known.
1852 and 1853 fruit has been more eagerly pressed on
the market, and although it has led to a fair business, has
not materially affected prices. The arrivals continue
very limited, and are about 25 tons, against 450 tons
during the corresponding month last year, thus our clear-
ances are and have for some time been considerably in
advance of the imports, and our stock is consequently
gradually decreasing, and as no further augmentation is
anticipated until the arrival of the new crop, the quantity
on hand then will be much lighter than was generally.
expected. The accounts from the places of growth con-
tinue most unfavourable, with the exception of Cepha-
lonia, where it is expected the yield will be about the
same as last year, but with a less amount of disease, con-
sequently, with such prospects, there is a fear that we
shall have a positive scarcity this next season."

The accounts from the Levant about currants are
likewise unfavourable.

The homeward bound ships left the Downs for
the river yesterday.
In Mark Lane this morning, wheat is quoted 3s.
to 4s. per quarter higher than on Monday last.
From the tenor of recent advices, it seems pro-
bable that Australia will very soon in regard to bread-
stuffs be independent of foreign supply. In South.
Australia we learn the vigour with which cultiva-
tion is proceeding, is perfectly amazing. A very
large number of ploughs were imported during the
past year, and yet the plough is almost the only
article which is not a drug in the market. It is
still in demand, and scarce, and the price has
risen. It is stated, apparently on good authority,
that the increase of cultivation this year over last,
will be at least one-third. Another illustration
of progress is the number of new flour mills.
Previous to the gold discovery, that is in 1850,
there were 27 flour-mills in South Australia, of
which 17 were driven by steam ; but these were
insufficient, and we have before us a list of no less
than 22 new mills, four water, and the rest steam,
now building, or recently built, in nearly as many
different districts. The power of these is esti-
mated at 313 horses; and the produce 665 tons of
flour weekly. The reaping machine invented in
1843 by Mr. Ridley, a colonist, residing near Ade-
laide, has been found of very great importance in
developing the agriculture of the country. It
reaps and thrashes the corn at the some moment ;
and with two horses and two men it operates on
from five acres per diem. This renders the farmer
comparatively independent of labour. We are in-
formed that one artisan iu Adelaide manufactured
no less than 24 of these machines last season, and
had orders for as many more, which he could not
execute. Their cost is about 1001. each. They are
considered superior in this climate to any of the
recent inventions in Europe or America.

Accounts from Hamburgh state that permission
having been given to neutral vessels in ballast to
leave the Russian Baltic ports, as well as those in
the two gulfs, most of the vessels had availed them-
selves of the opportunity, and it was supposed had
all got away. At Hamburgh, business generally
has been quiet, except in a few articles, such as
spices, dye woods, and hides, in which there was
some activity. Grain was firmer. Discounts were
2to 2 per cent.
The Belgian Consul-General at Lima, M. Derote,
under date of June 25, writes that the demand for
guano for Europe was so great that all the ships
available were freighted there by Gibbs and Co.,
for England, Belgium, and Germany, or by the
other contractor for France. Belgian ships, there-
fore, could obtain ready freights.
The accounts by the steamer Lusitania, from
Brazil, report trade as being very dull at Rio de
Janeiro. Freights were at 40s. and 5 per cent. for
the Channel Islands. The weather was favourable
for the growing crops.
The steamer Tagus, with the remainder of the
Indian and Australian mails, has arrived, and the
letters will be delivered this afternoon.

The New York accounts notice a buoyant stock
market, and money was abundant. The light re-
ceipts of bread stuffs, supported prices, and they
lad advanced. Cotton was steady, but dull, and
sales could not be pressed without a reduction
being acceded to. The North Star had arrived
from California. The intelligence from the dig-
gings was most satisfactory, and miners generally
met with good success, The markets were heavy.
In Lombard-street this morning, money is in ac-
tive demand, and the brokers freely allow 42 per
cent. on " call."
The stock market is very buoyant, notwith-
standing the still unsettled appearance of the wea-
ther, and the demand for money. Consols have
been 921 to 931 for transfer and up to 931,- and 931
for account. The New 3/ per Cents. have been
marked 932 to and the 3 per Cents. 927 g to 931.
The prosrect of vigorous operations in the Crimea,
still imparts buoyancy in conjunction with the re-
treat of the Russians from Wallachia. Bank Stock
has been firm at 2101. Exchequer bills have re-
alised ls. discount to 2s. premium.
The foreign market has been firm, and in one or
two stocks there is more doing. Spanish 3 per
Cents. have been supported at 39 to 391 ex. div.,
the New Deferred at 19k, and the Passsive, Con-
verted, at 4to 4 and the Certificate at *. Mexican
bonds have been at 241 and Peruvian at 69.
Brazilian old stock has realised par. Russian
Pour-and-a-Half per Cents. have been done at 84.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 6to 6 ; Mexi-
can, 242 to 24i ; Peruvian, 67 to 69 ; Ditto 3 per
Cents., 51 to 53 ; Portuguese 4 per Cents., 39 to
41 ; Russian 5 per Cents., 97 to 99 ; Ditto 41 per
Cents., 82 to 84 ; Spanish New Deferred, 19 to
; Ditto 3 per Cents., 381 to 391 ; Ditto Certi-
cates, 4'l to 5/ ; Ditto Passive, 4 to 4/.
Railway Shares do not, in all cases, move up
correspondingly. with the funds, but most of the
lines are rather higher. Great Northern have
rallied, and there is an advance in Caledonian,
Great Western, Manchester and Licolnshire, North
British, and York and Berwick. The French lines
have been quiet. Luxembourg are firm.
The Mining Market is neglected, the Joint
Stock Banks are a shade higher, and Peel River is
flat.

The railway meetings announced are the fol-
lowing :
Company. Date. Place.
Buckinghamshire
Cork and Bandon
Darenth Valley Aug. 14, Gt. Winchester-st.
Eastern Counties
East Indian Aug. 10, London Tavern.
East Kent
Great Northern
Great S. and W. of Ireland
Great Western

- -
Hull and Selby
Llanelly
London and North-Western Aug. 11, Euston-square.
London and South-Western Aug. 10, 34, York-road.
Manchester, Buxton, and
Matlock
Middlesboro' and Redcar Aug. 9, Darlington.
Midland
Newport, Abergavenny, and
Hereford Aug. 10, London Tavern.
N. and S. Western Junction Aug. 15, Euston-square.
North Devon Aug. 30, London Tavern.
North Eastern
Northern and Eastern
Shrewsbury and Hereford Aug. 16, Shrewsbury.
South Eastern Sept. 7, Bridge-house Hotel
_... ..._

Aug. 25, Paddington.