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 Perham and Maranham, at 6d.
to Cid., 20 Bahia at 6id., 300 Egyptian at sd. to
Bd., 300 Surat at 30. to 4id. and 60 Sea Island
at Is. 10d. to 2s. sd. per lb. Railway Shares were
flat.

' The Foreign Exchanges.were firm yesterday, bills
dated three months being quoted 25, 271 to 30 on
Paris • 11, 182 to 19 on Amsterdam ; 13, 8 to 81 on
Irlamburgh ; and 11, 5 to 8 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 schemes 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 will be an endeavour to
obtain 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 loss, there will, at least, be the con-
solation that the amount has been expended in
Australia. Canada recently has had a small
share of public favour, her Trust and Loan.
Company, Great Western Railway, and Ha-
. tailton and Toronto Railway, and Richmond
Itailways, having enlisted the co-operation of
our leading capitalists, and yielding most important
results. It may be in the recollection of our read-
however, that more than 12 months since, the
s4n. Mr. Hincks came to London expressly to ar-
l'ange 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
to the defence of the' colony, and the provinces of
Nova Scotia and New Brunswick could not bring
their legislatures to a right understanding. Now,
however, the province of Canada has wisely deter-
Wiled to come forward and execute its own portion
!:)f the line, and the prospectus, this day circu-
lated, contains as directors the great names
of Thomas Baring, M.P. ; G. C. Glyn,
14• 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
time--say one-half. The contractors take the
other half. The Railway will complete the corn-
tnunication 'through Canada. There is a large
amount of colonial capital already invested ; there
is a Government guarantee of 6 per cent. on the
13ebentures, and the same interest will be allowed
on the Shares during construction, and the cost is
already defined. The estimated profits exceed 11
per cent.
The Stock Market has been very quiet this morn-
ing, and not a speculative transaction in Consols is
Officially reported, the jobbers being occupied with
,the arrangement of the account. The " continua-
i‘ii,ou" to May is it per cent., the money prices being
and those for account 1005- 2. The New
Three:and-a-Quarter per Cents. have realised 1032
to I, and the Three per Cents. 99/ Bank Stock
liar been firm at 226. Exchequer Bills of June
are 3s. to 7s. premium, and those of March ss.
premium. East India Bonds are 455. premium.
In the Foreign Securities there has been very
little doing. The Peruvian Deferred Bonds have
risenl
2 to 3 per cent., in consequence of the ex-
Apected early announcement of the conversion into
ctive, which, according to rumour, will be on
ryfavourable terms. Equador Stock has been
quoted 6i, a rise of *
are worth 100-4- to 1- - • •
4 Brazilian Old Bonds
to 101. The Four-and-a-Half per
Cents. are at 99. the news of Spanish Bonds are heavy, upon
Cortes.suspended sittings of the
The the
Committee's Certificate is at
61 to 62 per cent. The Turkish Loan is 3i
.to 2 premium. The committee, as we anticipated,
have recommended the acceptance of the terms prof-
fered by the Ottoman Porte. Dutch 4 per Cents.,
after being 97i have dropped to 961.
The Railway Share Market is to per cent.
lOWer again, and the rate of interest for carrying
over_ until the end of the month is rather onerous,
1343' 6to 8 per cent. on the old lines. The French
Vares are down •k to 2. The second reading of the
Railway Bill is postponed at the de-
sire of India Rail
•re of the promoters, to await the answer of the
Governor-General
of India, expected, we believe,
DY the ziail
Tile
_A. now telegraphed.
Vey, gua Fria Mining Company have received
-J iavourable advices. Mr. Atwood was in
foratreaty valuable property, near Gold Hill, to
Nv°rked u d
erusi,z_ n er a royalty, and the machinery was
fhe, i,,,&ung quartz to an extent already that promises
tT'llense return. There is a good sum realised
the ".e Shareholders, and this is encouraging for
gto ikustralian Companies. The price is firm at
Tit premium.
heavy, `e,ld Mine Shares generally are rather
The favour of buyers.
pressed, in
Companies' Shares have been very de-
to 5/. Australian Agricultural are down 3/.
The Banks are heavy.

I3RrnsH FUNDS THIS DAY.
(From the Official List.)
Sauk Stock
3
3 per Cent Reduced Annuities 991 &
New 34 ,nt' Consols Annuities
Long Arn.--Z.....ifEieezt. Annuities
Ditto Expire sth Jan., 1860 -16 515-16
',qua lyonlas,rsi Expire 10th Oct., 1859 5
Consols for AeelOutt ...
Exc 0
ohequer Bills 14d, ..........................
:3.1u 11e. 13
X 10.... "
x5OO
.... '"• •• ..... - ................. .
°Luau„__ _
• 3 7 par 5
bPR. ICE Ore FOREIGN FUNDS THIS DAY.
-..,-ar Ilan Bonds ,
Ditto New, , 0 per Cent.
Ditto N w, 1852, 41 per Cent 99 4
-,,an. _ evr Bonds, 1829 & 39, 5 per Cent 1024
105 t
4i'qualstsr teoin.
c7sent.
64 6
ICvirenada Deferred ll}
belloian 4A per Cent BBi
' eruvian lieferred 3 per Cent.
Ditto for the Account 66.1
Spanish Bonds, 3 per Cent.
Ditto-Deferred, 3 per Cent —
Ditto Account April 15 245
SPanish Committee Cert. of Coup. not fun 6)i
Turkish Loan, 6 per Cent., 1852 ..... - I p
Dutch Exchange 21 per Cent 66
Ditto 4 por Cent. Certificate5...
TffREE O'CLOCK.
1001 1
1008 4

Consols.
Ditto April Account

COMMISSION Or LUNACY ON MR. F. O'CONNOR.—Yes-
terclay a emiimission in the nature of a writ de lunatico
inquirendo was opened before Mr. Commissioner Barlow
and a jury of freeholders of the county of Middlesex, at
the Roebuck Tavern, Chiswick for the purpose of inves-
taierly M.Pigting the state of mind of Mr. Feargus O'Connor, for-
. for Nottingham, and a leading Chartist agi-
r, but who since June last has been an inmate of Dr.
14,-,!ze',f3eLunatic Asylum, Manor-House, Turnham-green.
,'-: tla close of the inquiry the jury found that Mr.
Feargus o,conn
Pable of maim . °r Was of unsound mind, and was inca-
.oth ef June gahhitshaffairs, lunacydatinghthLwasfrom the
committed
to custody of the ;erdaeyaonnt-awti-lAic sof the House of
t mill°11!'. Vire have a full report of the proceedings in
ype, vithiclic,shall appear to -morrow.
FaExcia -morrow.
- oTEEPLECHA.SEs.- TwO steeplechases are to
come off on Sunday next, at La Marche, near Ville
4 A-vraY• One is to be for the Selling Stakes of 3000 fr.,
added to 300 fr. ti • the other for the Consolation 81.t1168 of 2500fr.,efnoryho'rses that have run at La Marche
...4 ---ir_ipver won. For the former the entries are---Mr.
br'K-.1..Y8 Glenlyon, Count de Coataudon's Rabelair, M.
a_ivlotte's Franc Picard, M. Delamarre's Spring Buck,
V. Biggins' Flying Buck, Chapman's lanthe, Mr.
wad's Constitution, Mr. Mason's Nom de Guerre,
Ihttor's Trust-the-Not, Mr. Robert's Quickstep. For the
latter stakes the entries are—Mr. Higgins' Simple
Peter Count de Coataudon's Bedford, Mr. Chapman's
.-11gustine, M. H. Delamarre's Spring Buck, Vicomte
" St. Roman's Fiction.
DESTRUCTIVE FIRE IN THE LONDON-ROAD.—Last
loght, between the hours of nine and ten o'clock, a fire
1)4
gi, a very alarming character broke out in the premises
Gar Mr. Hodges a cabinet-manufacturer, situate in
den-row, London-road, Southwark. The fire, when
*at discovered, had obtained a strong hold of the upper
lit°ekin p
Nvorkso_,
and owing to the inflammable nature of the
rade the flames speedily penetrated the roof ,
!nil rose to such an altitude as to illuminate the district.
Information of the disaster having been sent to the erlgine-stations with as little delay as possible, the fire-
riltnenngiaandd engines of the London Brigade and West of
l
hay.o office attended, and a bountiful supply of water
C
g been obtained from the mains of the Lambeth
°llkPar,Y, the firemen went to work in admirable man-
fining
by great perseverance they succeeded in con-
ft-ing the fire to the premises in which it originated, but
it Was not extinguished until the upper workshop and
La 'valuable contents were destroyed. The origin of the
tlisfortune is enveloped in obscurity, and unfortunately
the sufferer was not insured.
8,4' STEAXER RESCUED.-_j a new and powerful
p‘aearn-tug, belonging to the Shipowners' Towing Com-
w_iclY, of London, was returning from a trial trip last
,eek on the Clyde about ten miles below Glasgow, she
laserved one of the large passage-boats (with about 400
itlieeople on board) take the ground, and heel over into
distress,
from a squall. On her making signals of I
n_ the tug, which is named " a '
'Foomen of the Dukes of Gordon),made for, andafter
Z.!_e:ing a hawser made fast over her port bow, backed
iter with her immense power, and in less than 15
.6_4Utes placed the pasenger-host in safety, who ac-
Zpi.7." wledged their deliverance by three cheers for so
eionS an event in the trial trip of the Cock-o'. 1
..,..,_ ~:...... c.
- - 1 1