The Sun.
London, England, 1851-05-30 00:00:00

EVENING,

done

" Mr. Charles Hogg, we understand, unless compelled by
sickness, would not vacate his seat before the Ist of May.
The English Funds have been a shade under yesterday's
value, Consols realising 97i for Money and Time. The
" continuation" to July has been about* per cent. The New
Three-and-a-Quarter per Cents. have been quoted 98 tot,
and the Three per Cent. Annuities 97 to k. Exchequer-bills
have been at 425., and India Bonds at 495. to 525. premium.
East India Stock is at 264 Money is still in demand
among the jobbers, owing to the settlement of the Foreign
and Share Accuunts.
Spanish Five per Cents, are 20i, and the Passive Bonds SL.
Portuguese Four per Cents, have been 32 to 323. Mexican
Stock has been quoted 34i to I. Peruvian is at 83. Equa-
dor Bonds have been at 3i. The amount of business done in
Foreign Securities has been very restricted, and prices are
not buoyant.
Railway Shares support the advanced prices of yesterday,
but the business doing is extremely limited. Much con-
fidence is manifested by the Bulls, and they have met their
dig. differences well. At present the chief occupation is to get
dio• through the settlement, and this restricts the operations.
Consols now are 97 to 98. Mexican is 3.1:1 to 35.
Consols
QUARTER TO THREE.
.. ••• •• 97
Ditto doeouri;, June 10 ... 97;4- 98
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
8 per Cent. Reduced Annuities-- ..... 97 9714
a per Cent. Consols Anna 97%3/4
New 314 par Cent. Alll211.
Long Annuities, Exp. Jan. sth, 1800... 7% 7 5-16
India Steel-
2604
Do. Bonds, 10001 52 49 p
Ditto under 1.000/
South Sea Stook
Ditto Old Annuities 96
Con;els for Account 97304
E xch ea 'ter Bills.
ct. 1,000/. .
Small ................... 42 p
........................... Ditto Advertised 42 p

_
........ .• 39 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Chilien Bonds, Gper Cent ......... ~
Ditto 3 per Cent
Equador Bonds ... 3%
Diazigan Bontis, 1646,5 per Cent., Coupons
Ditto lix Jan. Coupons
Ditto for the A.ecoont
.Perrivial Bonds, 5 per Cent B3
Yortnguese Bonds, 5 per Cent
Ditto 4 nor Cent.
Russian Bonds, 1822, 8 per Cant —
Ditto 414 per Cent. lOl% 10214
Spanish Bonds, 5 per Cent. .• --
Ditto Account
Ditto Passive Bonds 5%
Dividemis on the above payable in London.
Dutch 214 per Cent., 12 Guild
Ditto 4 per Cent. Cortileatea

LLOYD'S SHIPPIN G.—( THIS DAY.)
LONDON, MAY 30.—Wind this day at noon, N.N.W., light
breeze and cloudy.
STRANRAER, MAY 2S.—The Warree, of Dundalk, from
Ayr to Poulton, with pig iron, lost her foremast, &c., off Ailsa
Craig, yesterday.
CLYDE, MAY 29.—Arrd. Norval, Wallace, Barbadoes
Three Brothers, Knowlton, Cardinas. Sld.Breadalbane, Cal;
-
cutta ; Thalestris, Barbadoes ; Merchant, Antigua.
RENDSBUROH, MAY 26.—The Christina, from Bremen to
Stettin, has pat in here to-day with mast sprung, and must
repair.
BERMUDA, MAY 4.—The Concordia, from Calcutta to
Boston, has put in here, dismasted.
DEAL, MAY 29. —Wind W.N. W. to N.N. E. ; E.N.E.
to E.—Arrd. Bertha, Erkers, St. Domingo; Ingleborg,
Christiansand ; Maria, Highlander, and Lord Metcalf, Cal-
lao. Arrd. from the River and sld., Eliza Caroline, Row-
land, Sydney, New South Wales; Dauntless, Ceylon; Al-
landale, Cape of Good Hope ; Juliana, Buenos Ayres ;
Par-
rock Hull, St. Kitt's ; Fantome, Jamaica; August, Costa
Rica; Nereid, Porto Rico; W.). vern, Mogadore; Huntress,
Galatz. Sld. John W. Dare, Riga.
LIVERPOOL, MAY 29.—Wind N.N. W.—Arrd. Tuscarora,
Turley, Philadelphia; Lovely Lass, Evans, Nantes. Sid.
Regulator, Rio Grande; Tranquilla, Lyra; Mary Ann, Fol-
liott, Calcutta; London, San Francisco; Bella Eugracia,
Havannah ; Alliance, Charleston; William Penn, Philadel-
phia; W. D. Stewart, and John Spear, New York; Mary,
and Sophia M'Kenzie, Quebec.
BOSTON, MAY 12. The Delia Walker, of Newbury Port,
bound to Calcutta, which was on shore near San Francisco
Ist April, has been got off and put into the latter port to
repair.

MAY s

MONEY and COMMERCIAL NEWS.
TY.
The sales of Cotton atCI
LiverpoolTWO O'CLOCK.
yestrday we esti-
mated at 5,000 bales, of which 800 American werere taken
for export, and 500 for speculation. The market was steady
at previous rates.—ln Railway Shares a fair ,business was
done at improved prices.
In the Colonial Markets there has been an excessive supply
of most articles of produce this week, and this has been
followed by a general reduction in prices. Sugar has been
cheaper, but a good deal has been disposed of. Coffee has
been very dull even at reduced rates, and Spices have ruled
in favour of buyers. Tea, after being neglected, seems to be
again more freely taken as regards some descriptions suitable
for shipment. Tallow Las been firmer Cotton has continued
heavy, the accounts from America advising a further de-
cline. In Spices sales have been made on lower terms.
A Parliamentary return has been completed which spe-
cifies the particular countries whence grain was imported at
Wgiven dates. Taking the years 1849 and 1850 for Wheat and
heat Flour, the aggregates are 613,600 and 537,030 quar-
ters from the United States, 140,753 and 78,857 quarters
from Canada, 738,833 and 1,145,405 quarters from France,
3,144,568 and 2,787,198 quarters from all parts of Europe ex-
cept France, and from Asiatic Turkey, and 164,721 and
281,773 quarters from other places. In the first quarter of
1851 the imports from the United States were 171,626 quar-
ters, from Canada 1,235 quarters, and France 390,058 quar-
ters, and the total, with other places, was 4,830,263 quarters.
A statement of the quantity of cheese imported into the
United Kingdom last year, gives the total at 347,802 cwts.,
including 268,910 cwts. from Europe, 78,707 from the United
States, and 184 cwt. from the British possessions.
In some remarks upon banking in India, the Banker's
Magazine states :
" At a meeting of the directors of the Bank of Bengal at
Calcutta, on the 13th of March, the secretaryship was finally
disposed of, Mr. William Grey, of the Bengal Civil Ser-
vice, being the fortunate candidate. Mr. Grey is a writer of
1840, and is stated to be a man of considerable talent. In
1847 he, was appointed Under-Secretary to the Government
of India, in the Home and Financial Departments. In
1848 he was appointed in the same capacity to the Foreign
Department. In 18.50 he was appointed Private Secretary
to the Deputy-Governor, and President of the Council. His
father was brother to the celebrated Lord Grey, and he is,
consequently, first cousin to the present Lord. He has, of
course, had no experience in mercantile and banking mat-
ters; but, with his reputed talents, he will have no difficulty
in becoming au fait. The commercial delinquencies of Cal-
cutta, and the bad odour in which this city is, may be safely
charged, we fear, with this return to the Civil Service for a
secretary.
" Mr. Grey has now before him a task to which, it is to:be
hoped, he will address himself with vigour, earnestness, and
determination. Banking in India, and especially in Calcutta,
has not kept pace with the times, and is far, very far behind
the improvements in England. Complaints have reached
us occasionally, of the adherence to forms, and of the multi-
plication of cheques, whereby business is considerably im-
peded. It is time all this were remedied. Every facility
consistent with safety should be afforded to the public, and
the directots and managers of all the India banks would
cheaply purchase an improved system of transacting busi-
ness, where they to depute one of their clerks to England
to study, practically, the working of our London insti-
tutions.