The Sun.
London, England, 1853-04-13 00:00:00

MONEY MARKET AND COMMERCIAL
INTELLIGENCE-(THIS DAY.)

- . CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 6,000 bales, of which 2,000 American
were taken for export and on speculation. The
market closed firmly. The sales comprised 5,000
American, 140 Pernani and Maranham, at G'jd.
to 6id., 20 Bahia at Gld., 300 Egyptian at Rd. to
Bd., 300 Surat at 31d: to 41-d., and 60 Sea Island
at Is. 10d. to 2s. sd. per lb. Railway Shares were
fiat.

The Foreign Exchanges were firm yesterday, bills
dated three months being quoted 25, 274 to 30 on
?a ...axis • 11, 18i, to 19 on Amsterdam; 13, 8 to 81- on
ntamliurgh ; and 11, 5 to S on Trieste..
It is often that one is called upon, in the impar-
tial exercise of the duty which every writer owes
the public, to give a warning against foreign loans
and schemea that absorb a large amount of British
capital at the risk of its partial or entire loss. On
this account, it has been peculiarly satisfactory
to find the Australian colonies presenting an
outlet, since the fact is patent to all, that
in periods of ease there w ill be an endeavour to
Main remunerative employment for surplus means,
even when risk is involved'. If part of the money
invested 'in Colonial mines, for example, should
Prove to be a less, there will, at least, bethe con-
solation that the amount has been expended in
Australia. Canada recently has had a small
Company,
of public favour, her Trust and Loan
`jouipany, Great Western Railway, and Ha-
milton and Toronto Railway, and Richmond
xtailways, having enlisted the co-operation of
our leading capitalists, and yielding most important
It may be in the recollection of our read-
ers, however, that more than 12 months since, the
43-011. Mr. Hincks came to London expressly to ar-
range with Earl Grey for a guarantee to a great
Central line of railway, embracing all the
British North American provinces. The Home Go-
vernment required the undertaking to be made after
the plans of their military surveyors, with a view
.10 the defence of the' colony, arid the provinces of
.-:l\Tova Scotia and New Brunswick could not bring
their
legislatures to a right understanding. Now,
• novrever, the province of Canada has wisely deter-
inined to come forward and execute its own portion
iatedf the line, and the prospectus, this day circu-
of Thomas Baring, M.P. ; G. C. Glyn,
M•P• and Alderman Thompson, M.P. The
capital required is large, nine millions and
a-half sterling ; but only 7,246,0001. require to be
raised, and but a portion of this at the present
timer say one-half. The contractors take the
other half. The Railway will complete the cora-
niunication through Canada. There is a large
jamount of colonial capital already invested ; there
Ds a Government guarantee of 6 per ceit. on the
'-'ehentures, and the same interest will be allowed
°ll the Shares during construction, and the cost is
"'ready defined. The estimated profits exceed 11
Der cent.
;_ The Stock Market hag been very quiet this morn-
-441_,g, and not a speculative transaction in Consols is
tine
reported, the jobbers being occupied with
tiue arrangement of the account. The " continua:
1:;'1" to May is k per cent., the money prices being
Tbi ia and those for account 100 k /. The New
iee-and-a-Quarter per Cents. have realised 1031
has be
the Three per Cents. 991 g. Bank Stock
are bendfirm at 226. Exchequer Bills of June
preen3S• to7s. premium, and those of March ss.
In the. East India Bonds are 455. premium.
little Foreign Securities there has been very
risen ,m,tlg. The Peruvian Deferred Bonds have
4 to 3 per cent., in consequence of the ex-
pected", 4 early announcement of the conversion inteo
ye, which, according to rumour, will be on
rY favourable terms. Equador Stock has been
quoted 6k, a rise of k to f . Brazilian Old Bonds
are•
nrorthloN- to 101. The Four-and-a-Half per
tas. are at 99. Spanish Bonds are heavy, upon
othe news of the suspended sittings of the
`-'ortes. The Committee's Certificate is at
to 61 per cent. The Turkish Loan is 3k
hpremium. The committee, as we anticipated,
fave recommended the acceptance of the terms prof-
7°d by the Ottoman Porte. Dutch 4 per Cents.,
er being have dropped to 94.
10311 e Railway Share Market is to per cent.
0,,7" again, and the rate of interest for carrying
ta el' 'until the end of the month is rather onerous
sear,
6to 8 per cent. on the old lines. The French
Dares are down to The second reading of the
sire of
India • •
Railway Bill postponed at the de-
nte of th
-rever, ° Promoters, to await the answer of the
by the °r-General of India, expected, we believe,
The tad now telegraphed.
very I:Jua Fria Mining Company have received
treatyro'r°llrable advises. Mr. Atwood was in
workeda valuable property, near Gold Hill, to
erlishizia under a royalty, and the machinery was
ail quartz to an extent already that promises
for th;',,'nse return. There is a good sum realised
the +ohareholders, and this is encouraging for
*to Australian Companies. The price is firm at
Premium.
Ti Gold NI.
heavy , . me Shares generally are rather
"nu. f
The Lan*,favour of buyers.
pressed. `-'°nlPanies' Shares have been very de-
to 5/.
The Austra,liau Agricultural are down 3/.
13ank.3 are heavy.

13RITISEE FUNDS AT ONE O'CLOCK THIS DAY.
(Front the Official List.)
Business done.
226

ink Stock

3 Per Cent. Reduced Annuities 994
:1 il
" Per Cent. Consols Annuities
103$ a g
lqew 3i per cent. Anon. Hies
Loo Annuities, Expire sth Jan., 18e0 -16 5 15-16
India Bonds, £lOOO
Exchequer Bills 10. June. March.-
41000..
4500 3 7 5
small
3 7 par 5
B inz lia
RI" OF FOREIGN FUNDS AT ONE O'CLOCK.
Bonds, 5 per Cent.
Ditto New, 1852, 4i per Cent 99
Ditto New Bonds, 1829 & 39, 5 per Cent lO2l
Equador Bonds
Peruv 88,1ian Deferred 3 per Cent.
~,SPanish Bonds, 3 per Cent.
'Vanish Committee Cert. of Coup. not fun Q 1 13
Tur
tkish Loan, 6 per Cent., 1852
buc Excllanze 2i a P
per Cent '
to 4 per Cent. Certificate5...

Consols
Ditto April Account

HALF-PAST TWO.
OOH
100 a

COMMISSION OF LUNACY ON Mn. F. O'CoNNou.--Yes-
terda,
z y a commission in the nature of a writ. de lunatico
"luirendo was opened before Mr. Commissioner Barlow
taialld a jury of freeholders of the county of Middlesex,
fie Roebuck Tavern, Chiswick, for the purpose of invesf
:Ixating the state of mind of Mr. Feargus O'Connor, or.-
t,IY M.P. for Nottingham, and a leading Chartist aj,..1.-
ev, but who since June last has been an inmate of
4-Lnke's Lunatic Asylum, Manor-House, Turnham-green.
•,,t the close of the inquiry the jury found that Mr.
Fear close
O'Connor was of unsound mind, and was inca-
kble of managing his .7.flairs, dating the lunacy from the
oth of June, 1852, the day on which he was committed
to the Custody of the Sergeant-at-Arms of the House of
commons. We have a full report of the proceedings in
type, which shall appear to-morrow.
THE EXPORT BEER TRADE.—There has been a great
Increase inthe exportation f beer and ale on account of
shipments lndia and Ausotralia. In the two months
ended the sth ult , there were 65,174 barrels exported,
the declared_value. of which wasT 198,291/.
FRENCH 6TEEPLECHAsER.—
come off on Sunday next, at
d'Avray. One is to be for the Marche,
we steeplechases
rarventioe
Stakesarche, onfea3ooofr.,
added to 300 fr. entry ; the other for the Consolation
Stakes of 2500 fr , fvoorrhorses that have run at La Marche
and never won.*
the former the entries are—Mr.
lßaeltley's Glenlyon, Count de Coataudon's Rabelair, M.
ee la Motte's Franc Picard, M. Delamarre's Spring Buck,
. 'Jigging' Flying Buck, Chapman's lanthe, Mr.
Seward's Constitution, Mr. Mason's Nom de Guerre,
Ditto's Trust-me-Not, Mr. Robert's Quickstep. For the
Ditto's
stakes the• entries are—Mr. Higgins' Simple
BePeter, Count de Coataudon's Bedford, Mr. Chapman's
ngtstine, M. 11. Delamarre's Spring Buck, Vicomte
Roman's Fiction.
DESTRUCTIVE FIRE IN THE LONDON-ROAD.—Last
'light, between the hours of nine and ten o'clock, a fire
a very alarming character broke out in the premises
°` l‘lr. Hodes a cabianufacturer, in
Garden-row London-road,n Southwark The firesituate, when
first discovered, bad obtained a strong hold of the upper
workshop, and owing to the inflammable nature of the
stock-in-trade the flames speedily penetrated the roof
~.and rose to such an altitude as to illuminate the district.
J-nformation of the disaster hiving been sent to the
eninstations with as little delay as possible, the fire-
brllen and engines of the London Brigade and West of
il,'lngtand office attended, and a bountiful supply of water
i;"ing been obtained from the mains of the Lambeth
1:„°11111aY, the firemen went to work in admirable man-
i'r' and by great perseverance they succeeded in con-
il4ng the fire to the premises in which it originated, but
ts Was not extinguished until the upper workshop and
" valuable contents were destroyed. The origin of the
teisfortune is enveloped in obscurity, and unfortunately
the sufferer was not insured.
tt A. STEAMER RESCUED.—While a new and powerful
b,e,lllll"tug, belonging to the Shipowners' Towing Coin-
week'-1., of London, was returning from a trial trip last
_, on the Clyde, about ten miles below Glasgow, she
roplobserved one of the large passage-boats (with about 400
e on board) take the ground, and heel over into
,!el, water, from a squall. On her making signals of
distress, the tug, which is named " Cock-o'-North” (a
ego,nonien of the Dukes of Gordon), made for, and after
water a hawser made fast over her port bow, backed
mina er with her immense power, and in less than 15
iirtes placed the passenger-boat in safety, who ac-
"wledged their deliverance by three cheers for so
ausPicio an event in the trial trip of the Cock-o'-
4orth. us