The Sun.
London, England, 1853-10-01 00:00:00

THE SUN, LONDON, SATURDAY EVENING, OCTOBER 1, 1853.

MONEY MARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool yesterday were
estimated at 5,000 bales, including 500 taken for
export. The market was dull, and closed heavily.
In Railway Shares a fair business was done, at an
advance of 1 to 2 per cent.
The statement of the Bank of England made up
for the week to the 24th ult. is very interesting,
and upon the whole more satisfactory than some
previous returns have been. The amount of bullion
was not materially reduced, and will no doubt
show an increase in the next return. The reserve
of notes was also larger, and thus far the assets
look better. The fact, however, cannot be dis-
guised that the position of the Bank has become much
weaker, and that a mere increase of bullion will not
suffice to render it easy. The balance of its pri-
vate depositors are being curtailed, and soon the
public deposits will be largely drawn upon in pay-
ment of the dividends. The applications for loans
and discounts go on increasing, and the total is
about six millions larger than in September, 1852,
while the reserve of notes and the bullion are each
smaller to about the like amount. The Govern-
ment securities being again lessened, it would ap-
pear that the Bank has continued its sales. Com-
pared with the previous return, the changes are as
follows

Active circulation... £21,935,445
Decrease 486,475
Bullion 15,680,783
Decrease 181,615
Rest
Increase? 7,316
Public Deposits 6,712,265
Increase
Other Deposits
Decrease 214,788
Seven-day and other Bills 1,457,613
Increase
Government Securities 12,339,083
Decrease..
Other Securities 17,143,233
Increase 402,541
Notes unemployed 7,130,435
Increase

There was an improvement yesterday afternoon
in the rates for bills of exchange upon the principal
continental cities, with the exception of Trieste,
which declined to 11 10 to 15, and Hamburgh which
dropped to 13 71 and '7 ; Amsterdam was taken at
11 181 to 19 ; Paris, at 25 321 s to 40 ; and Frank-
fort, at 1204 to I—all for 90 days' paper.
The exports of bullion from London during the
week to Thursday last were 23,360 ounces of gold,
and 600 ounces of silver.
There are no further advices from Australia, but
the amount already received this week is 955,0001.
English Stocks have been looking up again,
Consols having touched 93k, but they have since
been down to 921, and are now about 921 to 93, in
consequence of the political news just received,
which is not considered quite so pacific. Exchequer
Bills have been at Bs. to 135., and India Bonds at
3s. to ss. discount. Bank Stock has been quoted
220 to 221.

Foreign Securities have been steady. Peruvian
Bonds have been marked 724 to 73 ; Grenada De-
ferred, to I, and Brazilian New, 951 ; Russian
41 per Cents. have been done at 97 to 98, and Dutch
4 per Cents. at 93A to 944.
The Railway Share Market has been very good,
and with a fair business doing in the principal
lines. Midland, Caledonian, York, and Berwick,
and North British, have most improved. At this
moment the market is not looking so buoyant.
French Shares have been rather easier to buy.
The Gold Mines Shares have been dull, and the
Australian Banks higher.
The Land Companies' Shares are rising.

BRITISH FUNDS THIS DAY.
( Prom the Official List.)

Business done,

3 per Cent. Consols Annuities 934 3A21 3
India Bonds, £lOOO .
Bank Stock for Account 220 21
Consols for Accounts
Exchequer Bills, id.
£1000
£5OO 8 13
Ditto Small

PRICE OF FOREIGN FUNDS THIS DAY.
New Bra,zilianßonds, 1829 & 39, 5 per Cent 951
Grenada Bonds, Deferred
Mexican 3 per Cent.
Peruvian Bonds, 4i per Cent. 73 21
Russian Bonds, 1822, 5 per Cent. .t St
Ditto 4a per Cent 97 8
Sardinian Bonds, 5 per Cent
Spanish Bonds, 3 per Cent 9si
Spanish New Deferred, 3 per Cent 22

Dividends on the above payable in London.
Dutch 4 per Cent. Certificates
2WO O'CLOCK.

Consols 921 3
Ditto October Account . 92 3