The Sun.
London, England, 1851-06-23 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool on:Saturday were
estimated at 5,000 bales. of which 1,500 American were
taken for export, and 500 on speculation. The market
was steady at previous rates.--Railway Shares were
rather firmer.
The Corn market is firm, and Wheat is ls. higher.
It is estimated that the imports of bullion within the
last two or three weeks, will be sufficiently large to add
15124 a further sum to the amount in the Bank of England,
until the period when the dividends become payable.
Last week very considerable arrivals both of gold and
silver took place, representing altogether from two to
three millions of dollars. A good preportion of the silver
comes here from America on foreign account, and accord-
ingly we see, week atter week, a steady re-shipment to
the Continent. This was the case again in the re-
turn which we gave on Saturday,. showirg nearly
600,000 ounces of silver to have been forwarded in six
days from London alone, Still our receipts of bullion
exceed our exports. As regards the chance of retaining
the present heavy stock of specie, it seems tolerably fair,
but there ever must be uncertainty until the harvest is
secured. The prospects of the crops are not unfavour-
able, although the season is acknowledged to be back-
ward; but the consumption of the United Kingdom is so
large, that unless the farmers have a much greater.sup-
ply in their granaries than they are supposed to have,
an extensive importation from abroad will be indispen-
sable. Fur this we must pay partly in coin, the French,
for example, being poor customers for British manufac-
tures; but a very important question arises, viz., whether
the French growers have not already reduced their
stores to such a low point, that in the
event of the yield this year proving inadequate they will
not have to re-purchase in foreign countries at advanced
rates. This view of the case is nut wholly unreason.
able in face of the accounts which have reached us
within the last two or three days from the other side of
cue, the Channel. The markets there appear to he rising,
and there has been less flour sent to the London market.
What we take in food from the United States, and even
the Baltic ports, we shall at least in part liquidate by
barter. Unless from the extraordinary productiveness
of the Californian mines, and the obtainment of gold
thence in exchange tor our goods, we should not hail an
accumulation of the metals in the Bank of England
coffers as a satisfactory circumstance. The Bank of
2%
France is gorged with riches yet the trade of the coun-
try languishes, and better far would it be that the money
should return into active circulation, not alone in the in-
terest or the mercantile community and of the revenue,
but likewise of the Bank proprietors. All circumstances
consider( d, there was seldom a quieter and less specula-
tive business doing throughout Europe than at the pre-
sent time, although we must not forget that cotton had
recently its turn. The next movement, if any is to occur
at all, will probably be in grain. for the quantity of sugar,
coffee, and colonial staples obtainable from one quarter
or other, is likely to be adequate for all purposes.
The advices by the steamer Canada, from the United
States, are on the whole favourable again in respect to
money matters. The Corn market was dull, and Cotton
steady. The re-action in Cotton has led to some failures
during the last two or three weeks on the other side of
the Atlantic, but these had very little effect on business
generally, and it is stated "they are by no means to be
20 considered a criterion of the condition of the commer-
cial classes in this, or any other part cf the country."
The accounts from British North America are very
cheering, and Canada is especially prosperous. The
less weather, however, was wet and backward in the lower
province, and the low grounds near St. Maurice were
flooded.
The Hamburgh mail of Friday last gives the Ex-
change on London at 13 24, being lower.
The English Stock Market has been very quiet again,
and the quotations have been without alteration. Con-
sols are 96 and firm The New Three-and-a-
Quarter per Ceots. are 98i to le and the Three per
Cents. 97,-i t t Bank Stock is supported at 214
Exchequer-bills are firmer at 425. to 465., and India Bonds
have been 535. to 551. premium. The advance in the Corn
market has been remarked upon as a cause for prudence
on the past of the Bull speculators, but we see nothing
of importance in the circumstance. The aspect of Lifters
in France would be more likely to induce a cautious
policy, for until it is known what the Assembly will do,
there is danger of reaction in the benles which might
be made a handle also by the Bears of Consols. East
helia e,eock for account is a, 265.
The Foreign iovesimenis have been very dull. Spanish
Bonds are nominal; the FM/ per Centre at 2011. and
the Three per Ceets at 401 to 41. Portuguese Four
per Cents. have been at 33 io 34. Buenos Ayres Stock
is wiirth 551, Br. vlisti 88f, and Chilian ( Chrev per
Cents.) 6.11 Mexican Bona,, after being 34i 1, have
rallied to 341 1 Russian Bonds are 102 k to Dutch
Two and-a-Half per Cents, bring 604
Railway Shares opened with rather an improved ap-
pearance, but they have become weaker since. The
market is in an unsatisfactory condition, and the belief
in many quarters is that speculation has moat to do
with it.

Consols QUARTER TO THREE.
Shot,
firm 961 ex div,
BRITISH FUNDS THIS DAY AT •ONE O'CLOCK,.
(From the Official List.)
Rank Stock 21.214
8 per Cent. Reduced Annuities-- 97.1 143
a per Cent. Consols Ann.- Shut.
New 314 per Cent. Anus.
Lows Stock
Do. Bonds, 10001 . 55 53 p
Con-. 19 'or Account
India Stock for Account 26)
E,, I 1.4 d.
1,000/...
42 46 p
,osq. ......... ............ 42 46 p
Small ........................... 42 4ti p
PRICE OF FOREIGN FUNDS AT ONE o'CLOCS.
Brazilian Bonds. 5 per Cent. BBl4
D'

AttoNewßonds,lB29 and 1839 87%
Buenos Ayres Bonds 6 per Cent. 5 )34
Chilian Bonds, 6per Cent....,..,
Ditto 3 per Cent
Mexican Bonds, 1846, ex Jan. Coupons
Ditto Account ......
Russian Bonds, 1822, 5 per. Cent —
Ditto 4% per Cent. 102%%14
Dividends on the above payable in London,.
Dutch 214 per Cent., 12 Guild

LLOYD'S StitypiNG.-( THIS DAY.)
LONDON, JUNE 23.—Wind at noon N.W., light
breeze and cloudy.
GRAVESEND, JUNE 22.—The Flora, from Wales, got
on shore off Holyhaven; two men drowned in attempting
to get her off.
OFF FALmouTlL—Kingfichrr, Havannah.
TRALEE.—SId. Huron, gar bee.
COWES, JUNE 22.—The .rEgar, Havannab, which
sailed hence Isth inst. for Bristol, has put back with her
larboard side much damaged from collision .ith the Ann
barque, T. and P. Woodward, Havannah to Bristol,
which lost bowsprit, eutwater, &c.
SCARBOROUGH, JUNE 22 —The Mary of Dundee,
London to Fnadhorn, has been assisted in with loss of
mast, having been struck by lightning.
DEAL, JUNE 22.—Wind S.W. to W. by N.—Arrd.
Export and .Minerva, Callao; Scotland, Havannah;
Warrior and Mary Pring, Callao. Arired.ufi:oenar
and
S River, Lord George Bentinck, edlcutta. ki. Favourite,
Cape of Good Hope; Flash, Adelaide, South Australia.
Arrd. Canterbury and Midlothian from tl
sailed for New Z-aland; Courier, Adelaide, South Aus-
tralia; Token, Cape Coast Castle; h 0.,„
Sleintdotut,
Leone; Frey, JanFiro;_,O. stiert,.l
New York; Conservative, St. Helena; Or,
itiotEri:.l: S err a

LIVERPOOL. JUNE 22 —Wind NA-v.......Arrd. Agnes,
magnowt, Manila and Cadiz; Rosalie, Rio
• Enz rth Wo,d, Barbadoes; Woodside N« w
Canada steamer. Boston, left 11th, and Haa-
t), leans;
jTirmini,rdroad ;
fax 12th insts, on freight 150,000 dolls.; Jane Stanley,
Sydney, New South Wales;
Maracaibo. Sld. Oregon,
Lord bufferin, A
—3,ttie), New South Wales; Mary
,ne, Calcutta; Robert Kitson, Calcutta;
BAanitm,
.rJaol.hnßst:.,rnbay
; John Wood, Bombay ; Martha,
Lima; Globe, Valparaiso; Elizab4-th Grimma, Val-
paraiso; Irene, RR, Grande; Tay miroth Castle, Bahia.
21, Beatrice Pernambuco; Thomas Edward, Barbadors;
Salacis, Pamitua; Peter Marc), New Orleans; Isaac
Newton, Charl,ston; Nanagauset and Africa steamer,
New Yotk; Moses Wheeler, Boston; William Punton,
Newfoundland; Olive, Alexandria; Ergen, Ssra; Julius and Michele, Trieste; Alfred,
Agenoria, Beyrout ;
Venice; Hector, Malta; Brothers, Leghorn. Off port,
Albatross steamer, and Cherokee.
BIDEFORD, JUNE 92.—The Colina, of Prince Ed-
ward's Island, grounded on Cross Park Rocks, at high
water, and fell over; keel and bottom washed out.
PORTSMOUTH, JUNE 21 —Wind E.S.E. to W.; 22,
N.W. to W.--Sid. Resolute, Sydney, New South Wales;
Wellesley. Madras and Calcutta.
COWES, JUNE 22.—Wied N. W. and N.N.W.—Arrd
Keying, Pierce, Matarzss; Kingfisher, March, Havannab.
POOLE, JUNE 23.—Wind N.E.—Sld. Young Captain,
Newfoundland.
PLYMOUTH, JUNE 220... Wind 6.E. to IS.W.--
Sid.
Cvrarrall, Jouriga.