The Sun.
London, England, 1853-03-21 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool on Saturday
were estimated at 6,000 bales, of which 2,000
American were taken for export and on specula-
tion. The market was tame but steady, at pre-
vious rates. The sales comprised 5,000 American,
200 Egyptian, at 6d. to Bd. ; 500 Surat at 3/d. to
; and 200 Sea island, at is. Bd. to 2s. Bd.
per lb. Railway Shares were again lower.
The Railway meetings announced are the fol-
lowing

Company. Date.
Bourdeaux and Cette (in
liquidation) Claimant's _ _

Place.

Meeting........ Mar. 21, London Tavern.
Caledonian Mar. 22, Glasgow.
Irish South-Eastern
Lanc. SL Preston Junction Mar. 21, Lancaster.

Llynvi Valley Mar. 22, Paddington.
Londonderry & Coleraine Mar. 22, 4, Coleman-st.-blg
Manch. Sheff. & Lincolnsh. Apr. 13, Machester.
Maria Antonia Mar. 22, London Tavern.
Shrewsbury & Birmingham Mar. 26, Wolverhampton.
Shrewsbury and Chester Mar. 31, Chester.
Shropshire Union Mar. 22, Shrewsbury.
The evasion of promises held forth in the victual-
ling scales of emigrant ships is exposed in the fol-
lowing extract of a private letter from Mel-
bourne :

" After a long and tedious voyage of sixteen weeks
and a half, we have arrived at last here. We came on
shore last Wednesday, and pitched the tent in a place
attached by Government for emigrants, about half-an-
hour's walk from.the town. On the whole, we had a
nice voyage with but one or two squalls, but a very
tiresome one, and I would not spend another such a
four months on board a ship for anything. At the line
it was most tremendously hot ; we could do nothing
but lie about the decks panting with the heat ; after
that, as we drew near the Cape, it became much
colder, and we were forced to rest below all day for
the cold and wet, and not till nearly within sight of
Australia did it become any finer and warmer. All
the time we had to do most dirty work, wash-up dinner
things and tea things, prepare meals for cooking, and
scrub the lower deck and cabin, punip water for ourselves,
&c., till I was sick to death of the ship and all in it.
None of us expected to have to do all the dirty work that
we had. They even wanted us to go down into the hold
by gangs of a dozen each, and draw the water for our-
selves from the casks in the hold,. saying the sailors had
not agreed to do that, and they had not enough of hands,
&c.; however, we refused to do it, and so they were
forced. We had, also, a great deal of uproar and discus-
sion about putting into the Cope for water, as they
feared they had not enough to carry us on to Australia ;
however„ they found that they had enough, and so that
was settled after a great deal of quarrelling. The pas-
sengers then began to grumble that they had not
sufficient weight in the things served out, and having
some scales on board they weighed them and found them
wanting ; however, as their weights were as liable to be
wrong as the ship weights, they were forced to give in
and take the quantity served out, after several com-
plaints to the captain, who stood, of course, by his ser-
vants. After some time, cheese was done with, and we
were obliged to go without ; after a little more time
butter was done, and that too, the greatest luxury on
board, we were obliged to dispense with, and received
no equivalent for it or the cheese either. Such was the
stock of previsions for 22 weeks ; and had we been
another fortnight on board, I have no doubt we would
have been without everything else. As to the quality,
at first it was very good, but afterwards very bad indeed
—the biscuits especially being all over dust and cobwebs
when served ont, and large maggots inside, with weevels,
of which we eat hundreds, I have no doubt, before
suspecting that there were such things in them. The
beef was very bad, and tough. I never could manage it,
although my teeth are not bad. The pork also was
dreadfully salt and fatty ; none liked it, and I could not
eat a bit of it. The preserved, meat and bouilli were
better, the best things in fact on board. The flour was
good at first, and then was bad and sour ; however, we
made tolerable bread of it. The rest of the things were
also tolerable, and so we made up with them what we
wanted with the others. As for this town at present it is
a very scattered place, with a great many wooden houses.
The streets ate wide, and will be fine ones when morehouses
are built and the population increases ; at present it has
the appearance of some straggling large village in
England that is just beginning to grow into a town,
with building in every direction. Everywhere Gold
purchased here' meets your eye as you walk up and
down the streets, and everything is most exorbitantly
dear. Bread is 2s. to 2s. 6d. the 41b. loaf, milk is. per
quart ; meat is cheaper, as also tea, sugar, and ,coffee,
though far above the usual price ranging here. Boots
and shoes are enormous ; shoes none under 17s. per pair;
boots, 3/. 10s. per pair. For a straw hat like mine,
they ask 255. and other things in proportion. For
clerks and such like to come here in expectation of get-
ting a place; is a great mistake ; there is as great, a diffi-
culty in getting those places here as in London. I,n fact,
at present, for those who have no trade to rely on,
there is the greatest difficulty in getting a place. Some
that came over with us, carpenters and other trades,
blacksmiths especially, are well paid, and tailors also ;
all this makes me wish I knew a trade. Some of my
fellow-passengers have gone for shepherds, &c.—one,
paralysed man, and have agreed for 35/. per year, board
and rations ; so that if every thing else fails, I can take
to that. I shall get nothing in the town, and, at the
present prices, if I should stop here any longer I should
spend all my money,"

The steamer Arabia brings late accounts from
New York, Canada, The business reports are
duller from most parts of the United States, and
money was tighter, principally among the stock
speculators, the result being a considerable fall in
some of the " fancy " securities. This is a salutary
change, however, since it will tend to check
speculation, the exports from this country
to America having, since January, been large.
The Americans, however, have ample means to
meet their liabilities, and there will be no 'doubt
a good trade this year at fair profits to all con-
cerned, California absorbing a good deal. The
steamer has 250,000 dollars in specie on board.
Cotton was rather cheaper, and provisions were
tending downwards. In freights there was very
little alteration. A conflagration at New Orleans
had consumed 18,000 bales of cotton.

There has been a very agitated market for public
securities in consequence of the news from Turkey,
and the evident importance attached to the subject
by Government, seeing that a Cabinet Coundil was
held yesterday. The opinion in the city is that an
amicable settlement will yet be brought about, but
that Turkey is steadily losing ground, and will re-
quire the united and vigorous support of both Eng-
land and France to keep her up as a nation.
Consols have been done as low as 99 for Money, and
at 994. They are now 991- 4. The Account prices
have ranged from 994 to 4, and at present are 994 4.
South Sea Stock is worth 1094, and a bargain has
been effected in the 3 per Cent. Annuities of 1726
at 984. Exchequer Bills, dated June, are 9s. to
135., and those of March 10s. premium.
The foreign market has been also materially
affected by the news. Peruvian Scrip has declined
to 3 to 34 premium, and Mexican to 251 4. Chilian
6 per Cents. after being as high as 107 have receded
to 1054. Buenos Ayres Bonds have been at 618.
Brazilian 44 per Cents. at 98. Austrian Bonds are
quoted 98, and Dutch Four per Cents. 981. Rus-
sian Five per Cents. have been 116 to 117 i, being
a fall of 2to 3 per cent. Sardinian have dropped
from 971 to 95. Dutch Two-and-a-Half per Cents.,
which were 67i on Friday, are now 641. Spanish
Deferred Bonds are 24 to 4—a decline of .1- to ;
and the Certificate is only at' 7.
The Gold Mine Market is depressed, and the re-
action is about * on some of the 1/. Australian
shares, the Californian being likewise rather
weaker.

The Land Companies' shares have given way
again—the Agricultural about 11. to 21., the South
Australian 21., the Peel River 4 to j, and the
British American Land 21.
The Joint Stock Bank shares have been duller,
but with no pressure of sales.
The Railway Share Market has been down about
to 1 per cent, for the principal English lines_
orth-Western, Lancashire and Yorkshire, South-
Western, and Caledonian being most dealt in. The
French shares are all worse. Northern are down
about 1/„'
it. to 255.; and Sambre and
• Lyons,
Meuse, Namur, and the others proportionably.

.BRITISH FUNDS THIS DAY.
(From the Official List.)
fluidness done.
3 per Cent. Consols Annuities
3 per Cent. Consols Annuities, 1726
South Sea Stock
Consols for Account 13th April
Exchequer Bills, 4cl. June. March.
klooo 9
13
10
R 500....................................... 13 14
Small 9 14
.......................................
PRICE OF FOREIGN FUNDS THIS DAY.
Austrian Bonds, 5 per Cent . ... 98
Brazilian Bonds, 5 per Cent.
Ditto New, 1852, 4i per Cent 9B
Buenos Ayres Bonds, 6 per Cent 6l
Chilian Bonds, 6 per Cent
Ditto, 3 per Cent
Danish 3 per Cent
Greek ex, over-due Coupons
Mexican 3 per Cent 251 ,
$ Ditto for the Account.
Peruvlan Scrip ....••• 4 ,•• • •• ••• 3l 3 1
xPd
Russian Bonds, 5 per Cent.
Ditto for the Account ll6 17
Ditto, 4{ per cent
Sardinian }fonds, 5 per Cent.
Sp inish Bonds, 3 per Cent 43i i
Spanish New Deferred, 3 per Cent 2,11 4
Spanish Passive (Converted) 5
Spanish Committee Cert. of Coup. not fun 7 i P °
Turkish Loan, 6 per Cent., 1852 1 P
Venezuela Bonds 3i per Cent.
Ditto Deferred, 1 per Cent ISX
French Routes, 3 per Cent 79f. 78(750 Ex• 25
Dutch Exchange 2i per Ceut cii
98'i
Ditto 4 per Cent. Certificates.....

THREE O'CLOCK.
Consols
Ditto April Account B9