The Sun.
London, England, 1853-09-12 00:00:00

MONEY MARKET

/ND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK.

The sales of cotton at Liverpool on Saturday
were estimated at from 5,000 to 6,000 bales, all to
the trade. The market was tame, but steady,
without alteration in prices. The sales comprised
400 Pernam and Maraaham, at 71d. to 7Ad. ; 150
Bahia, at 61d. to 60. ; 250 Egyptian, at 6d. to
Bd. ; and 400 Surat, at 31d. to qd. per lb. Rail-
way shares were heavy, at lower prices.
The corn trade is without alteration.
From Staffordshire we are advised of an active
demand in every department of the iron trade, and
the reduction of 20s. per ton on manufactured iron
declared at the last preliminary meeting was con-
sidered unnecessary, so that at the close of the
present month its reversal was looked upon as pro-
bable. Limestone and coals were rising.
The New York accounts state there was less ac-
tivity in the Stock Market at the latest date, Aug.
29. The returns of the city banks for the week
ending the 27th of that month, compared with
those of the previous month, showed a decrease
discounts of 1,479,000 dollars, and an increase in
in deposits of 114,000 dollars, in circulation of
2,405 dollars, and in specie of 216,000 dollars.
Since the banks commenced their weekly return
there had been a decrease in discounts of 5,512,000
dollars, in deposits of 978,000 dollars, in circulation
of 83,000 dollars, and in specie of 1,572,000 dolls.
As respects the piece-goods markets, it is stated
that there was an active trade in woollens. Fo-
reign productions had a quick sale, considering the
large imports and the tightness of money. Mer-
chants were exercising such caution that it was
hoped there would soon be greater ease.
A Canadian paper states :—" It gives us great
pleasurs to learn that the Hon. Mr. Morris, pre-
vious to his retirement from the office of Postmas-
ter-General, turned his attention to the subject of
introducing into Canada the money-order system,
which is worked so well in the General Post-office
of Great Britain, and has corresponded with the
Imperial Department onthe matter. The immense
convenience to parties remitting or receiving small
sums through this channel renders its adoption here
a great object. We are sure our new Postmaster-
General will not spare any pains to bring the plan
into operation. We hear, indeed, that an employee
of the Post-office proceeds to England by the Sarah
Sands, to take on the spot complete information on
the machinery by which it is worked.

Accounts from Central America state that the
Honduras army had marched upon Guatemala, and
the forces of General Cubanas occupied the de-
partment of Chiquemala. The state of San Salva-
dor had refused a federation with Nicaragua and
Honduras.

The ship Kent has arrived from Melbourne,
whence she sailed June 5. She has on board
26,263 ounces of gold.
The interest upon Treasury Bonds has been
fixed by the French Minister of Finance, as fol-
lows :-21 per Cent. on bonds of 3 to 5 months'
date, 3 per Cent. on bonds of 6 to 11 months, and
31 on bonds of one year.
The market for English Stocks has been depressed
again, and the decline in Consols has amounted to
eto per Cent., the quotations having been 96,1
to a for transfer, and 964. to for account. The
New 34- per Cents. have been 99k. The 3 per
Cents. are shut. Exchequer Bills are 3s. discount
to par, and India Bonds par to ss. premium.
The foreign market has been depressed also, but
not generally to the same extent as Consols. An
exception, however, is Peruvian, in which a sale
has been made as low as 78. Grenada Deferred
Stock has been quoted 93. Brazilian 4i per Cents.
have been at 98. Mexican Bonds have been at 25g.
Spanish 3 per Cents. have realised 464 to 47 ;
the New Deferred, 228 ; and the Certificate,
5i to 6, being all rather lower. Portu-
guese Four per Cents. have been dull at 44.
Russian Five per Cents. have been 1 per cent.
lower, viz., 114 k to 115 ex dividend. Sardinian
Stock has been at 94 to 1, being scarcely so high
as previously. Dutch Two-and-a-Half per Cents.
have been 64i to 1.

Railway Shares have given way about 1 to 2 per
cent, again generally, and the Midland are down 2
to 21 per cent. North British are 2to 3 per cent.
worse, and the York and Berwick have fallen 3 to
4. French shares 10s. to 1/. lower.

The Gold Mine Shares have been comparatively
steady, and are only a trifle lower. The Joint
Stock Bank Shares have been very flat. Austra-
lasia are 3/. to 41. worse, and Union of Australia
2/. lower. London and Westminster have receded
about 10s.

The Australian Agricultural Land Company's
Shares have fallen 2/. to 3/. The Peel River have
dropped to
The railway meetings announced are the fol-
lowing :

COMPANY. DATE. PLACE, sw.
Caledonian
Darenth Valley
East Anglian
Grand Junction of France Sept. 29, Pans.
Lancaster and Preston June Sept. 19, Lancaster.
Londonderry and Coleraine Sept. 20, Coleman-st.-blds.
Londonderry and Eaniskill. Sept. 13, Coleman-st.-blds.
Madras
North British
North Metropolitan
Rouen and Havre . Sept. 30, Paris.
Scottish Central.....
ShrewsburySev
ernValleay nd Birrnin Sept. 15, Perth.
Scottish Midland J unction Sept. 15, Perth.
Sept. 16, 31 Parliament-st.
ghaan Sept. 14, London Tavern.
Shrewsbury and Chester Sept. 13, Chester.
Shropshire Union . Sept. 29, Shrewsbury.
South-Eastern ...... Sept. 15, Bridgehouse-hotel
Tourn., Jurb., Lantlen, and
Hasselt
Western of Switzerland Sept. 29, Basle.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(Froth the Official List.) _

_
Business done.
Bank Stock ...
3 per Cent. Reduced Annuities .. shut
3 per Cent. Consols Annuities . 96aiail
New 31 per Cent. Annuities 99i
India Bonds, 1:1000
Ditto, under £lO9O par 5
Consols for Account 13th October
Exchequer Bills, I.d.
£lOOO ............ . .. 3 d par
£SOO
Small 3 d par
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent
Ditto Small
Ditto New, 1852, 4i per Cent 9B
Grenada Bonds, Deferred
Mexican 3 per Cent.
Peruvian Bonds, 4i per Cent. 79 8
Portuguese Bonds, 4 per Cent.
Russian Bonds, 5 per Cent.
Ditto 4i per Cent.
Sardinian Bonds, 5 per Cent 94
Spanish Bonds, 3 per Cent 46i 7
Spanish New Deferred, 3 per Cent. 22a i
Spanish Committee Cert. of Coup. not fun. 5i- 6 p c
Dividends on the above payable in London.
Dutch Exchange, 2i per Cent.
HALF-PAST TWO.

Consols 964 i
Ditto October Account 96

THE QUEEN CHRISTINA OF SPAIN.—Her Majesty
the Queen Christina of Spain left London on Friday
morning, on her return to Paris, after a sejour of ten
days in the metropolis. Her Majesty was accompanied
by the IDuke de Rianzares, her husband, and her two
daughters—the Countess de Castellijo and the Countess
de Vista Alegre. The Marquis Acapulco, Grand Cham-
berlain, and a numerous suite, were in attendance. Her
Majesty and suite arrived at Boulogne, from Folkestone,
on Friday afternoon, having had a splendid passage,
and expressed herself much pleased with the kind atten-
tion received from the servants of the South-Eastern
Company. Her Majesty left for Paris at half-past
five p.m.

Mr. ROEBUCK'S HEALTH.—Our worthy mayor, W. A.
Matthews, Esq., has received the following note from
Mr. Roebuck :—" Milton, Lymington, Hants, 4th Sept.,
1853--My dear sir,—From your great kindness towards
me, I thought you would be glad to hear of my safe and
quiet arrival here. I venture, therefore, to tell you
that I came here last night after a long but still plea-
sant journey—none the worse for my trip to Sheffield,
spite of the frightful accident which occurred. My
wound is rapidly healing, and the stiffness created by
3; NTWAn. A O
F .
the shock is going off gradually. In a day or two I
BURCKE .expect to feel as if nothing had happened. With many
MpHazttshceawoso,
L Esq."—She, O
thanks, believe me, sir, very truly yours J. A. ROE-
.D"—ESSIheGrFe/Rdo:Tini.
SOMERSET-
HOUSE.—During the last few weeks the School of De-
sign, with its ornamental casts, and various artistic ap-
paratus for teaching, has been gradually removed from
Somerset-house, where, in the rooms formerly occupied
by the Royal Academy, it had been located from its
commencement, in 1837. The removal is now com-
pleted, and the rooms given up to the Registrar-General
of Births, Deaths, and Marriages. The school is re-
moved to Marlborough-house, and will form part of the
Central School of Art of the Department of Science and
Art. The several district schools already established in
the metropolis, at the Mechanics' Institute, Westminster,
St. Thomas Charter-house Schools, Finsbury, and about
to be established in St. Martin's parish, and elsewhere,
will supply the elementary instruction in art formerly
given at Somerset-house, whilst the higher branches will
be taught at Marlborough-house.
THE TIMBER TRADE.—In consequence of the immense
number of arrivals during the past week of ships from
the Baltic and the British provinces of North America,
laden with timber and wood goods of all kinds, an im-
mense accumulation of merchandise of this description
has arisen in the great dock establishments devoted to
this branch of trade on the south side of the river, and,
as further arrivals of the kind are taking place and ex-
pected, the dock authorities have found extraordinary
exertions to be necessary, in order to provide for the
discharge of the vessels and the proper assortment of
the timber &c., in the places appropriated to their de-
posit in those eatablishnunto.