The Sun.
London, England, 1851-06-02 00:00:00

Canada

Gen. Steam Navigation .
Penin. k Oriental Steam.
Ditto ditto
Royal Mail Steam ......
(We cannot be anawen

will not be influenced by

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool on Saturday were
estimated at 10,000 bales, of which 2,000 bales American
were taken for export and 2,000 ou speculation. The
sales comprised 9,000 American, 350 Pernam and Ma-
ranhani, at 7id. to Birl.; 150 Bahia, at 6jl. to 7d.; 150
Beyptian, at 60. to Sid.; and 4,000 Surat, at 3fd. to
4 fd. per lb. The market was animated, and closed
firmly with American a shade against the buyer.—Rail-
way Shares improved in prices, and closed with a good
demand for stock.
The prospects of the Manchester market are thus de-
scribed in letters received this morning:—
Mr. H. R. Forrest states—" Trying as the position of
the spinners has been for some months, speaking gene-
rally, they have acted with unusual prudence, and have
profited by that experience; for not only have they li-
mited their production where loss was entailed, but for
some time past have held as light stocks of cotton and
goods as possible. Whilst, therefore, the most serious
share of the loss arising from the speculation in cotton is
borne in Liverpool, the stock being held there, the re-
maining portion is pretty ( qually borne by the export
merchants and wholesale dealers, together with the spin-
ners and manufacturers."
" The reduced rates at which shipments may now
be made will naturally lead to an expansion of consump-
tion and demand, and we may soon expect renewed ac-
tivity here, if indeed it have not already begun. There
is certainly a large amount of inquiry and testing of
prices, and some large (Hers made at a bare shade under
current rates. Sellers are more firm in their tone, and
have greater confidence in cotton maintaining its present
value. The market is decidedly steadier, and a more
hopeful spirit pervades all classes of dealers. The
exception appears to be on the part of the Greek houses,
engaged in the Turkey aid Persia trades, the advices
from Constantinople and Trebiz,inde still reporting dull
markets and a contracted currency. More is doing for
Syria. A fair business is being transacted for Brazil,
and some of the chief ports of the West Coast, but
for Valparaiso the supplies are still contracted.
The recent advices from Calcutta have tended
to check operations for that quarter; but for
Bombay and Madras respectively a fair trade is
going on. The exports to Germany, and the North of
Europe generally, have latterly fallen off considerably,
attributable partly to the late political derangements,
which have had an injurious effect on the industrial in-
terests of the respective communities, and partly to the
prudential distrust of the high rates of yarns and manu-
factures occssioned by the speculation based on the
false statements received from the other side regarding
the probable yield of the American cotton crop.
Buyers interested in the German trade are cautiously
testing the market, and operating more extensively
wherever a cheap parcel offers. All things considered,
the aspect of the future is improved, and it seems pretty
evident that prices have at length reached about the last
step of decline."
Accounts of Friday last from Hambro' quote the
exchange on Landon 13 3i and steady. Gold was at
425. Coffee was still in request.
The Funds at Amsterdam on Saturday were firm and
in request.
The accounts from Bombay by the overland mail re-
port still some tightness in the money market, and a
dull demand for imports.
The steam and sailing vessels arrived from the United
States bring a large amount of bullion, 800,000 dollars,
and the advices from California are exceedingly interest-
ing and promising. Gold mines in various directions
have been discovered, and there is every promise of a
continued abundant yield. A trea.ury circular bad been
issued, which permits merchandixe to be withdrawn
from warehouse and exported to the adjoining British
provinces without the payment of duties, The effect of
this may be to make New York the sea-port of a large
part of Canada, and to increase the business of the
United States canals.

From Canada it is advised, that the increased traffic
on the Welland Canal, over the corresponding period of
last year is very large. From the 22d of April to the
sth of May, no less than 245 vessels passed through,
being about one vessel in every twenty-eight minutes,
from sunrise to sunset.

The receipts at the Montreal custom-house amounted
in one week to the large sum of 40,0004
In Newfoundland the Royal assent had been refused
to the Bill passed last session for the issue of Treasury
notes. This was considered rather awkward, seeing
there are already 66,0001. in circulation. The chief
reason assigned by the Government is, that it is an in-
terference with the business of the Bank of British North
America.

The amount of the precious metals exported direct
from London during the week to Thursday last was
250 oz. of gold coin for Ham burgh, and 4,500 oz, to
Belgium. 01 silver coin 26,600 oz. went to Boulogne,
and 50,000 to Belgium.
There has been a very buoyant market for Public Se-
curities, and further money purchases being made, fuller
quot-atioris have been obtained. Consols have been 97i
to 981 for Transfer, and 98 to i tor Account. The New
Three-and-a-Quarter per Cents. have been 98i to I, and
the Three per Cants. 97} to L Bank Stock is at 2111,
and steady. Excti‘quer-bills have been 41s. to 445., and
radio, Bonds 48s. to 521. premium.

la the Foreign Market the transactions have been
limited. Spanish Three per Cents. have been 40f, being
firm. Mexican Bonds have been quoted 34i to 35. Pe-
ruvian Stock is at 84 to 84k, for the Five per Cents.
Brazil Bonda have been at 89 to Ir. Dutch Four per
Cents. are 90k to

Railway Stiares-are very buoyant, and it is reported
hat the traffic on Saturday i❑creased considerably on
tta rticular lines. North Western, Great Western, South-
W astern, and East Lancashire take the lead. French
sh area are dearer.

QUARTER TO THREE.
Console 97i
98
Ditto Account, June 10 97} 98
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 2111,4
8 per Cent. Reduced 9Z1,1
8 per Cent. Consols Anna
New 34 per Cent. Anas. 98%1#
,ong Annuities, Exp. Jan. sth, 1860 7 5-16 736
India Stock
Do. Bonds, 10001 5l 48 52 p
Consols for Account 9B 981 a 93
E,coloauer Bills. 114 d.
1,0001.......... — 41 44 p
,lopc
Small
Ditto Advertised ...... 38 p
PAICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds. 5 per Cent. 89% 89
Maxican Bemis, 1846,5 per Cent., Coupons
Ditto Ex Jan. Coupons
Ditto for the Account
Peruvian Bonds, 5 per Cent —
Ditto for the Account
Ditto Deferred
Russian Bonds. 1822, 5 per Cent —
Ditto 44 per Cent. lOl% 102%
Spanish lionds,3 per Cent,lB4o
Ditto Account ... .
Dividends on the above payable in London.
Dutch 21,E per Cent., 12 Guild
Ditto 4 per Cent. Cert.ifiestes 80A%

LIAOYD'S SHIPIVIN ti•—l THIS DAY.)
LONDON' JUNE 2.—Wind at noon W.N.W., light
breeze and fine, clear
.1-weather. _
lAVANNAH, MAT B.—The lam 9ie hence to Mho&
Biscayne, near
,
Key was • totally lost ou the Ist May, on
Cape Florida; crew saved.
L:tvicripooL, JUNE I.—The Woodman, from Harp.
meekest, has put back,
with loss of bowsprit and cut-
wux i . r, having been n contact off the Rock yesterday with
the Ocean, from Runcorn to Croustadt, which also
back with damage. put
MAT 28 To 30.—Wind N.E., frelb.__Arrd
Lo, Cerny. Chins.
OM, FAL3IOUTEC.—Arad. Victoria, Berbice; Dabro-
vinki, Busman,, Demerara; T. Woodward, Ha-
vann ah.
vann ah.
ATERFOD,
d. L MAY 31.—Wind N.N.W. to S.S.W.
and E .E.---R
81
GliooKaavEN, MAYE l gin, Quebec. 29. W led variable.—Arrd.
whotton Castle. Harrison, New York, with ballast
abifted and lo,s of water.
BELFAST, MAY 31. Wind W,—Sld. Miltiadev, New
York ; Emil, Bathurst.
SUNDERLAND, JUNE I.—Wind N.E.—Arrd. Jean
Bart, Gravelines; Neptune, Nantes; Janet Wilks, De-
mere to:J.
HARTLEPOOL, MAY 31 _Wind variable.—Sld. Gla-
diator, Corru.
BULL, JUNE I.—Wind W.S.W.—Arrd. Active,
Even sea, Osterrisoer. Sld. Waldemar, Copenhagen.
DEAL, MAY 31.—Wind E N.E., fresh.—June 1.—
Wind E.N.E., moderate.—Arrd. Caroline, Kjestrou;
Nielson, Boston ; Rome, Havannah ; Onderneming,
Handelstein, Mobile for Delfahoven; Eurydice, Brown,
Pernambuco; Highland Mary, Baker, and London, Boa:
Arrd. from the river, Prince of Wah's, Launceisb
ton, Van Dienieu's Land; Minerva, Lima; Pauline, R
Janeiro; Juliana, Buenos Ayres; Ocean Queen, New
York.

)FF TOHDAY.—Vi censu, Laflang, and
Juno, Aikewutie,:ichiedatu, bath fur Batavia.
DARTMOUTH, MAY 31.—Wind N.E.—Sld. Eleanor,
Adeiaidv, South Australia.

FALMOUTH, MAY 31.—Wind E.—June I.—Wind E.
—Sid. Victor, Aden.

PILL, JUNE I.—Wind W. N. W.—Arrd. Grecian
steamer, Hardy, Smyrna; Fanny, Rees, Barbadoes;
Bethy, Madsen, Gothenburg; Christ of Colon, Norway.
GLOUCESTER, MAY 3 I.—Arrd. S)mpathie, Diedrich,
Memel.

NEWPORT, MAY 31.—Wind Triumph,
Grenada; Purton, St. Thomas's.
COWES. JUNE I.—Wind variable.—Arrd. Wabash,
Barnes, H.svannah; Hermann steamer, Crabtree, New
York. Sid. Sylphide, Greytown.
LIVERPOOL, MAY 31.—Wind N.N W.—Arrd.
Lord Elgin, SPLelland, Demerara; Mary Bibby, Her-
bert, and Thomas Edward, Wemyss, Barbadoes; Cam-
bria, M'Culloch, New Orleans; General Dunlop, Skol-
field, Mobile; Excelsor, Smith, Apalachicola; Persian,
Trevellick, ditto; Europe steamer, Lott, New York,
left 21st May, on freight 579.285 dollars; Vivid, Lis"
bon • Therese Brandt, Pomeratea, Krause; Caroline,
Dobty, Danzig. Sld. Velure, Calcutta; Jenny Jones,
ditto; Bonanza, Luna; Parkfit.ld, Valparaiso; Yar-
mouth, Rio Jardero; Aufion and Pilotfish, Bahia. Ri-
chard, Pernambuco; Irbam, Jamaica; Maine, Baltimore;
Continent and Marathon, New York; America steamer,
Boston; Hewellins, Halifax; Conqueror, Lis, and
Prince of Wales, Quebec; Clamida, Leghorn. A
barque was run ashore on the 9th of May, south-east of
Double-beaded Shot Keys, with foremast standing, and
stripped.
MARGATE, JUNE I.—The Snowdrop, from Youghal
to London, went on shore yesterday morning, on the
Long Nose, during thick weather and a strong wind
from N.E., artd soon afterwards filled; most of her stores
and about 172 quarters of oats in a very wet state have
been landed here. It is feared the vessel will become a
total wreck.

BOMBAY, MAY 3,—The Ardaseer, from China and
Singapore to Calcutta, was totally destroyed by fire on
the 10th Aptil, about 100 miles from Penang; crew and
a small part of the specie sal-ed.