The Sun.
London, England, 1853-02-04 00:00:00

MOIVEY AND COMMERCIAL NEWS.

CITY, Two o'CLocK.

The sales of Cotton at Liverpool yesterday were
estimated at from 5,000 to 6,000 bales, of which
1,000 American were taken on speculation. The
market closed steadily but with more disposition
to sell. The sales included 250 Pernam and
Maranham at 61d. to 6id., 20 Bahia at -6p., 700
Egyptian at bid. to 74d., 900 Surat at aid. to 40.2
and the remainder nearly all American. Railway
Shares were dull and heavy at lower prices.
The produce markets have this week been steady
on the whole, and the business done has proved
satisfactory. Tallow is duller, and Coffee not
brisk, but Sugar has been steadily purchased for
consumption. Tea is quiet, and Cotton in demand.
Spices have attracted attention.

The Silk market is thus reported on by Mr.
Henry W. Eaton :

"In Chinas, the sales of Tsatlees have been limited,
the trade probably wishing to see the qualities of the
recent arrivals before operating, while all the Taysaams
have been taken at fully previous rates. In Bengal
silk a fair business has continued, every thing from
lls. 6d. to 12s. 6d. selling currently. About 120 bales
of the Jungypore qualities lately alluded to have also
been sold at from 12s. 6d. to 13s. 3d. The accounts
just received from Calcutta report the market as firm,
and the prospects of the new Bund good as regards
quantity. The Brutias imported during the month have
been sold freely at a slight advance on the prices of De-
cember. The Persians, owing to the present scarcity of
coarse silk, were also taken at from 12s. 3d. to 135.,
prices to which our manufacturers have not been ac-
customed for a long time, until lately, and at which I
cannot believe that the consumption by them can reach
its former extent. As, however, the importers are, in
consequence of these prices, offering in this market the
stocks which they have inFrance, a portion of which
are now arriving from Marseilles or Paris, in addition to
the expected importations from Persia, we many natu-
rally hope for more reasonable prices in this silk. In
Italian Silk there has been very little doing."
All
Consols Gold and Copper Mines Company," with
regard ftuortthheer —dispute between the " Australian
large tract of land which it possesses,
and which it intends to lease to mineral companies,
has been obviated by the owner confirming the
title, as will be seen in the following letter ad-
dressed to the directors :
"As the solicitor of Captain Macqueen, I beg to in-
form you that I withdraw the notice of the rescinding
the contract between Captain Macqueen and the said
company, served upon you, and dated the 30th Decem-
ber, 1852, the differences between the company and the
Captain having been satisfactorily adjusted.
"I am happy to add that no further question is likely
to arise as to the validity of the contract between Cap-
tain Macqueen and the company, and that Captain
Macqueen is fully prepared to deliver possession of the
Segenhoe estate to the company's agent on his arrival
there.:—l am, Gentlemen, your obedient Servant,

(Signed) - " J. NEEDHAM."
The commercial news just received by the Col-
lins line of steamer from New York is very satis-
factory, and the exchange on London was im-
, proving.
The accounts received from Mexico by this op-
, Portunity are even worse than those to hand yes-
terday, the revolution being rapidly extended to
all provinces.
From New Granada, the agents of the bond-
holders write that an arrangement in reference to
the dividends in arrear is promised.
The English Securities have been very
,dull, and
the continued decline at Paris checks any improve-
ment here, with the knowledge that the Bank of
England is still losing its bullion. Consols have
been 99 to for transfer, and 99i to for account.
The New 3 per Cents. have been quoted 103 to k,
and the 3 per Cents. 99-/- to par. Exchequer Bit s
I
of March are dull at 555. prem.
Foreign Stocks are quite neglected. The only
bargains are in New Grenada Deferred, at 11; in
Venezuela, at 38 ; and in Spanish New Deferred
at 22 to I. Dutch 4 per Cents, have been heavy
at ni to
The Railway Share Market has been extremely
depressed, and the speculators for a fall are still
selling freely, upon the ground that the dividends
are low. The North-Western have receded V. to
11. 10s.' the Midland 11., the Oxford and Wolver-
hampton 11., the South-Eastern 1/. 55., the Caledo-
nian 1/. to 11. 10s., and Great Western 11. to 21.
Most others have gone down in proportion. French
shares are weak and quite neglected.
The Gold Mine Shares have been flat, but gene-
rally at about the previous rates. The United.
Mexican Mine Shares have been heavy, as the ac-
counts from the mines do not show quite such a
large product, and the Zacatecas claim has been
compromised for less than was expected.
The Land Company's Shares are lower ; and
the Australian Banks are scarcely so good.

BRITISH FUNDS THIS DAY.
(Front the Official List.) _

B u s I n e s 3 clone.
Bank Stock
3 poi Cent. Reduced Annuities 914 100
3 per Cent. Consols Annuities
New 34 per Cent. Annuities...... ....
'Long Annuities, Expire sth Jan., 1860 6s
South Sea Old Annuities 99i
Consols for Account 10th February 991 i 9 4
Exchequer Rills liid. March. Juno.
£lOOO..
£5OO 5B

PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent.
Grenada Bonds, Deferred,
Mexican 3 per Cent
Ditto for the Account 22a
Spanish New Deferred, 3 per Cent
Ditto for the Account
Swedish Loan
22
d
Turkish Loan, 6 per Cent., 1852.
Venezuela Bonds 3i per Cont.
Dutch Exchange 2i per Pout
Ditto 4 per Cent. Certificates......... 97.4

THREE O'CLOCK.
Consols. .............................
Ditto February Account

ENERGETIC AGITATION IN FAVOUR OF THE BALLOT.—
We have much pleasure in informing our readers that
measures are now in active progress, under circumstances
of the most auspicious kind, for commencing an
energetic agitation in favour of vote by ballot. On
Wednesday a private meeting of some of the most dis-
tinguished friends of secret voting, was held in the. Lon-
don Tavern, with a view to adopt the necessary steps
for a great metropolitan demonstration in favour of the
ballot. Mr. H. P. Berkeley, the member for Bristol,
appropriately presided on the occasion. The great
metropolitan demonstration has been fixeLl for to-
morrow fortnight, by which time all the members
of Parliament favourable to secret voting will be in town.
An association to promote the success of the forthcom-
ing agitation, is now in the course of formation, and on
the list of the committee we already find the names of
nearly twenty members of Parliament, headed by Mr.
Cobden. We are sure we need not add that this journal
will give its warmest support to the contemplated move-
ment.—Morning Advertiser,
ST. MARYLEBONE BANK FOR SAVINGS.—The 23d
annual general meeting of this institution was held on
Thursday, the 3d of this month, at the office, 76, Wel-
beck-street, Cavendish-square--the Rev. John Hume
Spry, D.D., in the chair. It appeared from the several
reports read to the meeting, that the progress orthe bank
during the last year had been of a satisfactory descrip-
tion, no less than 2,504 new deposits having been made
in the last year. 22,774 deposit accounts remained
open on the 20th of November last, of which 17,284
held balances averaging less than 21. 19s. 7d. ' The sum
in the hands of the Government on the 20th Nov., 1852,
as per receipt from National Debt-office, signed by Sir
A. Spearman, Bart., and laid before the meeting, was
364,5261. 12s. ; in the hands of the treasurer, Sir Claude,
Edward Scott, Bart., whose acknowledgment was like-
wise produced, 1,2071. 18s. ; in the hands of the actu-
ary, 141. 3s. 4d.—total, 365748/. 13$. 4d. The balance
dne to depositors at that date, as per balance-sheets,
pd.
iurh.oed7budac.
iaedn,
ce3 6d4u,90 1,37 1 9
depositors
. 1s 9 d u
has— s
since rpl 9d.=—surplus, sri,
seBn3Ot
01 .
317355,
8.
3711:

THE LORD-LIEUTENANT OF IRELAND.—The Earl of
St. Germans made his public entry into Dublin, at three
o'clock yesterday afternoon. The day turned out very
fine, and his Excellency rode on horseback from West-
land-row to the Castle. His reception along the route
was extremely cordial. A body of the University stu-
dents cheered the noble Earl as the cortege passed the
college. The Lord Mayor and Corporation preceded
the procession from the railway terminus to the Castle.
The Countess of St. Germans and the Ladies Eliot,
rode in a close carriage, and were also cordially greeted
by the spectators stationed in the streets.
Flaxen SURVEYS OF THE BRITISH COAST.—The fol-
lowing very extraordinary statement appears in the Bel-
fast Banner :—" We have received front an Edinburgh
correspondent a letter, dated the 29th ult., in which it is
stated that during the last week a French steamer has
been cruising off Berwick, and every night the men are
engaged in taking soundings of the Tweed, while during
the day artists are employed in making sketches of
the coast. Our contemporary adds that this steamer,
having completed its mission at Berwick, has gone to
Newcastle on a similar errand."
• -

---
IRON PAVEMENTEL—Workmen are paving Howard-
street, Boston, United States, with cast iron. The pave-
ment is composed of circular boxes of cast iron, about
12 inches in diameter, and five inches in height, divided
into six compartments, so small as not to admit the
hoof of a horse. These spaces will be filled with gravel ;
but some other substances, such as a composition 01
asphaltum and sand or gravel, may be found more suit
able. The surface of the pavement is grooved, to pre
vent horses from slipping, and on the outer edge of each
box are keys which fit into the edges of the surrounding
boxes—thus binding the whole firmly together. The
thickness of the outer rim and inner division is about an
inch. The street will be covered With a net-work of
iron, filled in with a substance to produce a smooth and
durable surfve,