The Sun.
London, England, 1854-06-09 00:00:00

, T-•
M-0-NEY M A RKE T

AND
COMMERCIAL INTELLIGENCE.

CITY, TWO o'CLOCK.

•
The sales of cotton at Liverpool yesterday were
,estimated at 7,000 bales, including 1,500 American
taken for export and on speculation. The market
dosed steadily at previous rates. The sales com-
prised 5,750 American, 250 Pernam and Maran-
-4412a at 6cli. to 71d. ; 70 Bahia at ; 400 Egyp-
tian at 6d. to 94d. ; and 500 Surat at 3d. to 4d.
Per lb. Railway shares were flat.
Colonial produce has rather tended downwards
41, value this week. Sugar has been in fuller sup-
PLY, coffee in fair request, rice has been dull and
dheaper, tallow less active since the early part of
the week, and spices have been sold to a moderate
beer,
at rather irregular prices. Saltpetre has
Deer, more inquired for, tea steady, and cotton in
demand.

Of the silk market, it is stated by Mr. H. W.
ziaton that :

`` The position of the Silk market, during May, has
Varied little from the preceding month, large imports
baying continued ; it is, however, satisfactory, that the
disposition of importers to meet the trate, alluded to on
,She let u‘timo, has brought buyers forward freely, which
4aB resulted in the largest deliveries ever known,
shippers fully participating. It may be here remarked
that the exports of Raw and Thrown Silk, during
the first three months of this year, shew an ex-
cess of nearly 100 per Cent, over the same period
of either 1852 or 1853, and which will be con-
siderably increased by those of April and May.
The accounts from Cnina, just received, present no
sew feature ; more silk, as was expected, had arrived
from the interior (chiefly of the lower descriptions), and
Prices at Shanghai are quoted as rather firmer. Nothing
tore decided was repor.ed as to the estimated total ex-
Ports for the season, but whatever it may be 46,000
bales have been already received. Bengal silk remains
Without alteration, the better qualities selling to a mo-
derate extent although at lower rates, while the com-
Cton sorts are still entirely neglected. The shipments
from Calcutta, according to the last advices, had fallen
clf. In Brutias and Persians there is nothing doing ;
the stock of the former is under 100 bales, and of the
latter is about 1,500 ballots. In Italians the business
has been extremely limited, but fine and good silk both
raw and thrown is scarce."

The directors of the Carson's Creek Mining Corn-
Pany have at length issued a statement to the share-
holders ; and if the explanations given are not
satisfactory, they will at any rate be preferred to
that protracted silence which has so long annoyed
the proprietors. The directors observe that they
had intended at one time to recommend to the
shareholders to abandon the enterprise, and we see
nothing in their present report that could justify
them in deferring a meeting to take the opinion of
those interested. There is some excuse, perhaps, in
the fact that the agent of the company only return-
ed to England on the 10th instant, but this did not
Prevent the calling of a meeting months since to
represent how matters stood. Another proof that
this would have been the proper course is, that the
directors consider that " the value of the property
has not been exaggerated, and that the large pro-
fits promised to be obtained can be realised." If
this can be fairly demonstrated, there would be
a satisfaction in letting the shareholders know
it. As to winding up, it appears half the
capital only can be returned now and whatever
the machinery in California realises, will after-
wards have to be added. Should the undertaking
be prosecuted, the directors promise every exertion
to realise an early dividend. The shareholders are
to sand in their assent to proceeding, or the reverie.
In conclusion, we may observe that the report of
Mr. Robert Inch, dated in November last as to the
probable returns from working the mine, is satis-
factory.
The rate of exchange is telegraphed so high from
Paris that dollars are again in demand here, all
those received this week by the West India Mail,
having been disposed of at ss. lid. Bar•silver is
ss. lid. per ounce standard.
The funds have been rather lower since the com-
mencement of business this morning, and trade
is comparatively dull. Consols for transfer have
been done at 92, and for the opening, ex. dividend,
they have been 91k ±, since 91k, and are now 91
to The sudden fall of 2 per cent. at Paris was
calculated to have some effect now the market is
so sensitive after the rise, but we apprehend the
speculators will be shy of operating largely
for the fall, and that the market, if it sinks,
will do so principally from the contraction
of business. The New Three-and-a-Quarter per
Cents. have been 92k, and are now 91i. The Three
per Cents. have been marked 91i to 1. Bank
stock is weaker, having declined to 204/ to 2051.
India,stock is at 236. Exchequer-bills are par to
45. premium, and India Bonds par.
In the foreign market there is very little doing.
Spanish New Deferred Bonds have been 191 ;
Mexican, 24; Venezuela, 26 ; being all rather
heavier. Russian Five per Cents. keep firm, at
1001. The other stocks are nominally the same as
yesterday.
There has been some fluctuation in shares this
morning, and upon the whole the English lines did
not maintain the highest prices of yesterday. The
business, however, is not very large. The York
and North Midland, Caledonian, Midland, and
Lancashire and Yorkshire have been principally
dealt in. There have been several transactions in
Namur and Liege, at prices more in favour of
buyers. The French shares are decidedly lower,
owing to the reaction yesterday at Paris.
In the Mining Market AguaFria's have declined.
Carson's Creek have been done at 55., the amount
that can be returned if the company is wound up,
exclusive of what may be realised in California.
The other gold shares are very heavy.
In the Land Companies' there is but little doing.
Crystal Palace are firmer.
The Joint Stock Bank Shares have been in more
request, and at a slight advance.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
( From the Olicial List. )

Rust n pgs done

Bank Stock
3 per Cent. Reduced Annuities 91.1 1 i
3 per Cent Consols Annuities
New 31 per Cent. Ar-mities 921 11 i 21
Long Annuities, Expire sth Jan., 1860
India Stock
India Bonds, £lOOO par
Ditto, under £lOOO par
Consols for Opening 19th July
Exchequer Bills, 24d.
£IOOO
.000 par 5 p
Small 1 5 p
Exchequer Bonds Scrip
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent. 991
Mexican 3 per Cent.
Ditto for the Account 24
Russian Bonds, 1822, 5 per Cent. £ St lOOl 991 100
Spanish New Deferred, 3 per Cent. l9i
Swedish 4 per Cent... ..... . ..... . .....
Venezuela Bonds, 31 per Cent. .........

Dividends on the above payable in London.

THREE O'CLOCK.
Consols for Opening 19th July 911 I a d

MANCHESTER RACES.

(THIS DAY.)

(BY ELECTRIC TELEGRAPH.)
ORDER OF RUNNING.
2.3o—Welter Stakes.
3.ls—Grand Stand Plate.
4.ls—Salford Born' Cup.
s.3o—Derby Handicap.
6.15—Tw0-year-old Stakes.
ARRIVALS FOR THIS DAY'S RACES.
SALFORD BORO' CUP.—Typee, Vanderdecken, Peggy,
Evadoe, Octavia, Annie Sutherland, Helena, La Belle,
Miss Agnes, Whalebone, Hope, Voucher, Syvagee, f. by
Gameboy, Daphne, and Professor Buck.
DERBY HANDICAP.—Snowdon Dunhill, Calot, Thalia
filly, Octavia, Hazelnut, Lord Lieutenant, f. by Don
John out of My Dear, Bonnie Bairn, Black Bess, and
Nelly Hill.
FOR OTHER RACES.—Vitese' Jack-the•Giant•lCiller,
Gold•dust, Timotheug, and the Chick.
LATEST BETTING.
SALFORD BORO' CUP.
6to 4 agst Typee (taken).
7to 2 agst Helena (taken).
4to 1 agst Vanderdecken (taken).
7to 1 aget La Belle (taken).
NORTHUMBERLAND PLATE.
7to 1 agst Early Bird (taken in force).

AMERICAN COMMERCIAL APFAIRS.—The commercial
accounts from New York this week are more satisfactory
than for some time past. The present steamer has brought
80,0001. in. specie, and shipments to this country are
likely to c sntinue, but the arrivals from California had
been very ]large. The Governtnert continued to redeem
the public debt at the rate of about 50,0001. per week,
the term originally fixed for these purchases having been
extended for another month. The amounts thus dis-
bursed by- the Treasury, however, were far below the
additions constantly taking place to the 6,000,0001.
already locked up in specie on account of surplus re-
venue. In the stock markets there had been a revival
Of activity and a general tendency to recovery. The last
accounts Irma California were again uniformly favourable
"a regards .the gold production, and there were also
better reports of the results of quartz minin in some
districts. The Chinese immigration still continued on
considerably scale. From Mexico there was no later
intelligence of importance, all the last accounts being
confused and •contradictory. According to some state-
Tents the i nsu.rgent Alvarez bad forced Santa Anna to
ay from be tore Acapulco, while other and more reliable
reportst afli rm the it Santa Anna had returned to his capi-
, after h %ling .crushed the rebellion.