The Sun.
London, England, 1854-11-23 00:00:00

MONEY MARKET

AND
COAIMEROI A r INT ELL IGENCE.

CITY, TWO o'CLOCK

The sales of cotton at Liverpool yesterday
were estimated at 7,000 bales, including 500
American and 500 Surat taken for export. The
market was heavy, and prices of all kinds had a
downward tendency. The sales comprised 5,200
American, 150 Pernam and Maranham at sid. to
60. ; 200 Egyptian, at Md. to 81d. ; 1,200 Surat,
at 3d. to 4Ad., and 50 Sea Island at 11d. ls. to 3d.
per lb.

The arrivals of shipping in the Thames yesterday
were 22 vessels from foreign parts, 1 from Ireland,
and 2 colliers.

Accounts from the Baltic, as given in Hamburg
letters, state that, in consequence of our fleets hav-
ing withdrawn from the scene of action, the mer-
chant ships both of England and France were ex-
posed to great danger, and that, in fact, there
had been three of them captured by Russian
war steamers, which wore cruising about for the
purpose. This comes from a Russian source, and
is as likely to be untrue as not ; at the same time
there was evidently an uneasy feeling, since we
are told that, although a large accumulation of
grain had taken place at Riga and Revel, there
was scarcely any opportunity of getting it away,
notwithstanding the high freights offered. The ves-
sels of neutral countries were also being offered
advantageous terms to proceed to the Gulf of
Finland and there take in Russian produce, but
they deelined the risk ; not so much on account
of apprehended capture, as of the doubt whe-
ther the severe weather would not set in and close
the navigation before they could get back.
At Archangel the sea was still open during the first
10 days of this month, and quite free of ice. Many
Norwegian and Swedish ships which were already
there would, in consequence, be able to take grand
freights and clear out. The exportation of corn
from Poland is stated to have become increasingly
difficult, owing to the vigilance exercised by the
Russian authorities. A little, however, found its way
across in the direction of Gallicia. On the 20th inst. all
the British officers at Hamburg, who had leave of
absence, were ordered to return forthwith on board
their vessels at Kiel, and those who were at Berlin
had also been summoned by telegraph to return to
the fleet. Probably this is prior to the departure
for England.

The Swedish Postmaster-General has intimated
that the service between Sweden, Norway, and the
Aland Islands was re-established on the 3d inst.,
and placed on the same footing as before the war.
With the arrivals of specie that have taken place
during the last few days there might be some ex-
pectation of an easier moneymarket, if they alone
were to govern it, but the experience of the last
few months has shown that the tide flows out
almost as fast as it flows in, and sometimes even
faster; consequently we have to look to the
causes that may arise to take away gold.
At Paris the impression is strong that a
new loan cannot long be postponed, and
the rate of expenditure in all the military estab-
lishments is now proceeding in a way that will
speedily absorb, it may fairly be assumed, the
amount in the national treasury. It is probable
also, that with its customary tact, the French Go-
vernment will contract the loan even before the
money is wanted, in order to obtain the most
favourable terms possible, and to anticipate any
similar demand from our Chancellor of the Exche-
quer. When there are appearances of temporary
ease in the money market, and a cheerful feeling
arises upon decisive results in the Crimea, there
would be greater alacrity to subscribe to a loan, and
upon higher terms than at this moment; nor is it
to be apprehended that a direct appeal would be
made ,-to London capitalists, while the war is so
popular in France, and the Parisian bankers have
such ample funds at command. The effect would
be rather indirect and ultimate, as people of means
here would doubtless be anxious to have their
name upon the list for as much as would be allotted
to foreign subscribers.

The English Funds have been improving, and
with the better tone there is some revival of busi-
ness. This is duo, no doubt, to the more favour-
able interpretation put upon the state of affairs in
the Crimea now the official despatches have been
well considered. Consols have been 91i to 92,
and since 91i to 92i for transfer, the account prices
being 914 to 92k. The New 3 per Cants. have
been 90i to 90g, and the Reduced 3 per Cents. 90i
to 90g. Bank Stock has been at 2101 to 212, and
India Stock at 230. Exchequer Bills have been
firm at 3s. to Cs. premium.
For Foreign Securities the market has not been
active, but the quotations keop up. Turkish Scrip
has been 5.1 to 5a discount, the same values as yes-
terday. Russian Four-and-a-Half per Cents. have
been at 86 to 87, being about 1 per cent. higher
than on Monday. Sardinian Stock is steady at 86.
Brazilian Five per Cents. have realised 98k, and
Chilien Six per Cents. 102. Mexican Stock has
been at 21i to and Peruvian at 68.

The last week's railway receipts ascertained up
to this day are in round figures as under :-
1854. 1853.
Great Western
North-Western
South-Western , 11,652 10,419
Brighton 11,315 11,087
Midland
South-Eastern 14,841 14,286
Caledonian
Great Northern 21,670 13,115
Lancashire and Yorkshire
North-Eastern

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 51 to 54 ; Mexi-
can, to 21i ; Peruvian, 66 to 68 ; ditto,
3 per Cents., 47 to 49 ; Portuguese 4 per Cents.,
40 to 42 ; Russian 5 per Cents., 95 to 97 ; ditto,
4 per Cents., 85 to 87 ; Spanish New Deferred,
18/ to 184 ; ditto, 3 per Cents., 38 to 38k; ditto,
Certificates, 51 to 52 ; ditto, Passive, 4i to 42.
The accounts of 32 of the principal companies for
the first half-year of 1854, have been compiled
from the official statements by Mr. Mihill
Slaughter, the Secretary of the Railways' Depart-
ment of the Stock Exchange, and are issued in one
sheet under the title of "Railway Revenue."
The form is so convenient for reference that not
only brokers and bankers, but shareholders gene-
rally, ill doubtless appreciate it.
There has been a slight advance iu some of the
English Railway Shares, Caledonian, Midland and
North-Eastern being chiefly dealt in. Great Wes-
tern, North-Western, and South-Eastern have not
improved. The foreign shares have been flatter, ex-
cept Eastern and Northern of France.
In the Foreign Mines, the transactions have been
limited. The Joint Stock Banks have been quiet,
and also the Land Companies.

BRITISH FUNDS THIS DAY.—CLOSING PRICES
( Prom the Oeicial Li3t.

Business done
P,ank. Stock . 210; 12
3 per C. Reduced Annuitici, 904 A
5 per Cent. Console Annuities 92 1i 2 1 21i 1
Now 3 per Cont. Annuities
Lout; Annuities, Expiro sth Jan., 1880 4 5-16
Ditto 30 Years, Expire sth Jan.,1860 4 9-16 13
India Stock
Consols for Account
Exchequer Bills, 24d.
2,1000
£5OO 6 5 •

Smal, 3
Exchequer Bonds 1858, 3i per Cent.
Ditt• 1859, ~

PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent
Ditto for the Account 957
ChiEau Bonds, 6 per Cent .. 10'2
lexican 3 per Cont.
Ditto for the Account 2l
Peruvian Bonds, 4i per Cent. CS
Russian Bonds, 4 j per Cent S6
Ditto Small .
Sardinian Bonds, 5 per Cent.. .....
Spanish Bonds, 3 per Cent
Ditto New Deferred, 3 per Cent lBi
rurkish Scrip 8 per cent
Ditto for the Account 5 3 I A 1 3a

Dividends on the above payable in Lond6.n.-
Dutek Exchange, 2i per Cent. 12 Guil 6Ol
THREE 0 CLOGS.
Contols
Ditto, Account

PATRIOTIC FUND.—No public meeting having been
set on foot at Goole with the view of organising a pa'
triotic fund, the Rev. W. Shillek called a few friends
together to consider the matter, and what was best to
be clone. The result was that twelve young ladies were
requested to canvass the town in airs. Their labours
commenced yesterday (Wednesday), but their success
hitherto has been trifling. Whether the amount col-
lected be much or little, of course it can no longer be
deemed a voluntary offering, seeing that it is extorted by
smilea and coaxing.