The Sun.
London, England, 1851-06-09 00:00:00

MONEY and COMMERCIAL NE WS,
CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool on Saturday were
estimated at 7,000 bales, of e high 500 American were
taken for export, and ZOO on speculation. Tbo sales
comprised 6,000 American, 250 Pernam and Maranhatn•
at 61d. to NA.; 200 Bahia, at qd. to 7d.; 200 Egyrl-"re
at qd. to ;id.; and 400 Surat, at aid. to 40. por
The market closed steadily at previous prices.—Railway
Shares were very inactive.
There bas been an advance of Is. t 2s. per q carter
is
Wheat this morning.
The publio sales of Wool concluded on Saturday
evening, the whole quantity put up being 51,762 bales,
which went at Id. to IA-d. decline on the prices of Ills/
February. The attendance of home buyers has bees
good throughout, while those from the Continent, owl
to the prevailing dulness in their commercial
affairs, were but few. The sales opened at s
reduction of about lei. per lb. on last February ratell'
fiPrevious to their commencement buyers had becotr
quite bare of stock, but as soon as they had supplied
their immediate wants, with the prospect before them 0f
large sales again in July, they become less anxious to
purchase freely at the seine rates, causing a further de'
cline, which continued without alteration to the close,
making an average reduction of about lid. Per
lb. While a fair business is yet going on in our In 3";
facturing districts, the general activity noticed, sense
months since is considerably diminished, and, orders ',°t
being given out so freely, consumers are not at Prt; for
their disposed to lay in stocks, but puichase only it
their present wants. Righ-priccd Wo )1, as wee
as South Australian and Cape flocks, have nre.b
sensibly felt the reduction than middle qualities, w"- f
appear to have teen most in demand. The condition
many flocks, owing to the want of water, was notes:
good as last year. But a small proportion of SS
Wool arrived in time to bo included in these sales. Id
India, owing to the scarcity of low foreign Wool, sot
at very satisfatory rates. • the
The usual course of the Money market while
stock transfer books are closed for Consols, &c.,, is toe_t_
wards a slight degree of stringency, but the countersshois
ing causes now in operation will probably PreVellends
from the present date until the payment of the dist,l of
next mouth. There is some appearanceLnertaiLTng•
loans being more freely taken from the Junk °' ever
land, as the item of other securities, includiag Fije.
under discount, stock, and Exchequer-bills, 13" ed.
creased, but this has not enhanced the rate eherg•-..
The whole force of the recent considerable bullionnil7,
ports will not be felt here, part of the money al/ A"tbst
being received in transitu, and accordingly we se-
a large amount of silver and some gold was age,s'b-ors.
ported from London during the week ending last 'trn.
day, the latest to which we have any ofEeis' r ,cees
This is really no subject for regret, however, in e.% to
of specie being a great clog, and very embarrasslvaaes
the banks. We see this most conspicuously in the %jell
of the Bank of France and the Bank of Belgium su
, fret
have more bullion than note circulation, and must
in their rofits.
The steamer from the United States advises p 0
portant change iu the Money market. f Sol
The;Teviot with the Brazilian mail brings dates 0- land
9 from Rio de Janeiro, May 18 from Pernambuco, it/ at
April 26 from Buenos Ayres. The Money tafa;knee to
Buenos Ayres had been rather unsettled, 0""0-103-
symptcms of tin anarchical spirit in Entre-rios. tok
ports a moderate business hai been done, but the 6'
Dior
of dry goods was excessive. Exports had been
active.
The
The Stock Market has been very quiet and firm'e the
large amount of bullion received from lgot`°" nos
United States, &c., should have had a favourable iedueo;
in stimulating prices, but that the amount of business
is so small. Consols have been 97-1 to 98 for,Trnos 'of
and, 98i to for July. This comparatively high sit
"continuation" would lead to the inference that
Bulls have great confidence. The New Thresl"'l3o
Quarter per Cents, have been marked 98-,13- to
Three per Cent,. 97i to Batik Stock has been
to 212. Exchequer-bills have been firm at the prem.-
of 435. to 465., and India Bonds at 565.
Foreign Securities have been fluctuating according dtae
the tenor of the news from abroad. Mexican Btrt
opened well at 34i to 35, a remittance of 51.000 d°e" so
having come forward for the dividends, but there bas'er
a reaction since to 34i 1-, owing to the following :
nication from M. Falconnet, the agent of the bondholdeje,
" The Committee of Mexican Bondholders have trbs
ceived advises from Mr. Falconnet, dated Meld"'
3d ultimo. He had, since his last, principally bee', ;be
gaged in endear-wiring to obtain the accounts of
produce of those branches of the revenue, "I -
the
had belonged to the bondholders, down to
et
31st of December last, in which, however, he has es /0
been unsuccessful. Mr. Yam z, the Minister of Foreis„
Affeirs, had taken the direction of the Ministry of !ors
mince, and had submitted the plan of ways and WTI;
to the Chamber. The packet has brought 51,000 do,
to Col. Feel% on account of the dividends." i vvo
Peruvian Stock has been marked 86} for the "ja
per Cents. The later accounts from Lisbon do not,
the slightest degree, corroborate the report of a counte,,
revolution, and the Four per Cent. Stuck has according
recovered to 33;Danish Bonds have been 1°31;
lien,zuela are 32f. Spanish Five per Cents. have beep
buoyant at 20 y. Russian Five per Cents. are 1124'
Railway Shares have been flat again, and the clots'
ions are generally in favour of buyers.
QUARTER TO THREE'
97i 98
... 91 98 ,a
ONE CL051)4.
'RILES OF EltlTPill FUNDS O'CLOCK :RICE
Stuci:
3 :.'eat. Reduced
%
3 per Cent. Consols Ane Ili »...... 93 '97% 989' New 3% per Cent.
Lena Bonds, 1,0004_
Ditto under ....... 56 p
56P 97'et
Consols for Account... 9B 97%
P:xchequer Bille.
46 P
I,leyet.
5001. .
P
Small . .. ..........» 43 46 p 46
ONE
"
PRICES OF FOR PRIG
;1.
FUNDS. O'CLOCK. 71"
Danish Bonds, 1825,3 per Cent. 103:a
Do., 5 per cent

(..;erp4uL
Dia:to AtJeoLn!, June 10 ...