The Sun.
London, England, 1851-07-18 00:00:00

MONEY and COMMERCIAL NEWS.

CITY. TWO O'CLOCK.

The sales of Cotton at Liverpool yesterday were
estimated at from 8,000 to 9 000 bales; of wilich 1 000
bales American were taken for export, and 500 Surat
on speculation. The sales comprised 7,000 American,
150 Pernam and Maranham at 6d. to 6id., 100 Egyptian
at sid. to 7ed., and 1,000 Surat at 2lti. to 30. per lb.
The market closed heavily, and prices of all kinds were
lower and in some cases to the extent of *d. per lb.
Railway Shares were flat at lower rates.

The Corn Market is quiet to-day.
The amount of business done this week in the neer-
(muffle markets has been large, but importers have
wisely met the buyers, and at a slight reduction have
freely supplied the latter. Sugar and coffee have been
taken in at full prices tor Mocha. Rice has been cheaper
and also saltpetre. Cotton has been at lower rates.
The public sales of 60 000 bales of Wool opened yester-
day afternoon to a tult attendance, and the prices bid
were equal to those obtained at the last series.
Messrs. Wilkinson and Jeweebury report concerning
the indigo auctions as tollews :
" The public sale of 13 888 chests has been concluded,
and has been one of the fittest known for some years.
Both speculators and other holders were willing sellers,
and withdrew large parcels as the sale progressed, to
support prices ; but the orders, both for export and
home use, were very limited, particularly the latter ;
consequently there has been a decline of from par to 2d.
per lb. on fine Bengul (for which eompetition has been
the greatest), and toil 4d. to 6d. per lb. on the lower
qualities ; and when parcels were sold without reserve
even a greater discount was submitted to. Kurpah of
good quality has been in demand from par to 3d. lower.
Good and fine Madras (which were very scarce) sold at
May rates ; the inferior qualities were chiefly bought in
at about 3d. per lb. discount. The high prices caused by
speculation have materially decreased the demand for
indigo, and it will require a still further reduction to
bring the article again into large consumption. Taking
it at its lowest point in October, 1847, when prices
were ruinously low, the advance has been about 2s 61
per lb; of that about one-half has now been lost since
October last. Our stock is now 38,097 chests, which is
larger than at any time since August, 1846; this may,
however, in a great measure, be accounted for by the feet
of the stocks, both on the continent and in the hands
of home consumers, being so far below the average. The
deliveries for the first six months of this year were
11,054 chests, being smaller than at any time for the
same period since 1843. Of the quantity brought for-
ward, it is estimated that 3,002 chests are bought in,
6,530 withdrawn, and 4.356 sold,.to which may be added
about 700 of the bought in and withdrawn, making the
total quantity sold 5,000 chests, of which 4,000 chests
are for export and 1,000 for home use and re-sale. The
following are the quotations, as compared with the last
May sale:—Good and fine shipping par at 2d. per lb.
lower; ordinary and defective ditto, 3d. to 4d.; broken
and consuming, 3d. to 6d.; Madras, par at 3d.; Kurpah,
par 4d. lower."
The accounts received from Vienna still refer to the
extraordinary improvement in the credit of the country,
paper money, which a week or two since was at 32 per
cent. discount, having rallied to 18 per ecnt. discuuut.
It is supposed that by the co-operation of certain
wealthy firms a large amount of specie has been re-
cently introduced into Austria, and that this hus turned
the tide, and prompted the country people to bring in
their gold to the money-changers. The Government,
too, was giving evidence of a sincere intention to
retrench its expenditure, and we only hope that all this
is not the prelude to the contract of a loan. It is well
understood that the Austrian Government never on the

last occasion obtained the Money it required.
The listaburgh mail brings advices of Friday last.
The rate of exchange on London was 13 3i, being
steady. Funds and Shares were in request, and in bills
on London there were fair dealings. Coffee was with-
out 4lteririon.

At Amsterdam on the 16th inst. there was not much
doing in the home Funds. Dutch Two-and-a-Hall per
Cents. were 58 9-16. Spanish Bonds were active.
The English Funds have been very quiet this morn-
ing, and so soon after the settlement a renewal of active
dealing was not to be expected. Consols have been
quoted 96i ! for Transfer, and 96j for Account. The
New Three and a-Quarter per Cents. have been 98i I.
Bank Stock has been firm as 215 to 215 k. Excheqw-r-
-bills have become firmer at 51s. to 545. premium. India
Bonds have been marked 594. premium.
Consols now are 96i for Transfer, and 964 for Ac-
count.

Foreign Stocks have been neglected, but have not
varied much in price. Mexican Bonds have beeti dune
at 31 and 3t ex-dividend. Peruvian Old Stock has been
marked 89. Brazilian Small Bonds are at 90/. Rus-
sian Old Stock was quoted 114. Dutch Two-and-a-Halt
per Cents. brought 59i , and French Three per Cents.
57 25, with the exonange at 25. Spanish Five per
Cents. have been at 21i to t.
Railway Shares are flitter still, and in the absence of
business, the Bears contrive further to depress prices.

ONE
PRICES OF BRITISH FUNDS O'CLOCK.
B'ink btock 2151A 215
3 er Ant. Reduceu i nos.
3 per Cent. Consols Annuities...
tlew 814 per Cent. Anne. 985,63/4
cong Anus. to expire J an. 1 Soo 7%
India Bonds, 1,0001.
Ditto under .....
Console for Account
i?,xchequer Bills. ' 11,4c1.
1,0001.
5001.
Small. ..
ONE

CLOSING
PRICES.
215
974
963/4
98%
7%
59 p
62 p
967 t

54 p
54 p
b 4 p
CLOA6ING

PRICES or FOREIGN FUNDS. O'CLOCK. PRICES
;trazilian bonds, 5 per Cent. ... —
Ditto, Small
Maxican, 3 per Ct., ex Jan. Coupe 30% 30% ex d.
Ditto, Account 31% 31 80% ex d.
Peruvian Bonds, 5 per Cent... B9 89
Portuguese 5 per Cents.
Russian Bonds ... 114 114
Ditto, 44 per Cent
Sardinian Bonds, 5 per Cent. i; —
Ditto, Scrip -• % dis
S,e.:,A. 5 per Cent. 1840 2l
Ditto, Account
Ditto. Passive
Dividends on the above payable in London.
French 3 per Cent . s7f. 25c. 67f. 25c.
Exchange
Dutch 2% per Cent. 12 Guild 59,% 59%
Ditto 4 per ~erit. I lonincatw, ..- 92%% 92%

dis.
21