The Sun.
London, England, 1855-06-20 00:00:00

TONEY TUARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLcytiK.

The Cotton Market at Liverpool yesterday
closed very heavily, and compared with Friday's
rates all kinds were much the same. The sales
Were estimated at 2,000 bales, comprising 100
Bahia at 7d., 100 Surat at 4.N., and 60 Sea Islands
at is. 3d. to ls. 7d. per lb. The Railway Share
Market closed with a firmer appearance.
Letters from Birmingham advise several failures
in the iron trade, and some for large amounts. Two
make up a sum of 100,0001.
Accounts from Spain state that the mail of the
10th to Bayonne was burnt by brigands or Carlists
at St. Marie del Cubo. Even the English and
French Government despatches were destroyed.
From Riga and Revel it is stated that there was
not a single Russian ship of war at either place.
All left last winter immediately before the naviga-
tion closed, and got to Cronstadt and Helsingfors.
The meeting of a portion of Messrs. Strahan's
creditors, held yesterday afternoon, has revealed a
few more facts that will afford food for inquiry at
the Bankruptcy Court. It would appear that a
run upon the firm existed during Friday and Satur-
day last, and that between 20,0001. and 30,0001.
Was in consequence withdrawn, the Crown putting
in extents also and seizing 2,0001. in cash. The
question which excites much interest is, how did
the parties who drew their balances out of the
Bank get the information ? Was there collusion,
or that sudden panic engendered by comparatively
trifling circumstances, which soon developes itself
into a " run ?" For six years, according to the
statements made at the meeting, the partners have
known themselves to be insolvent, and yet
even on Saturday they persisted in parting
With the property of their customers on the
Plea that they expected assistance. T; credi-
;Ors! who include a large number of the
legal profession, are not disposed to allow of any
Packed appointments as assignees, and their meet-
ing together has already elicited the fact that the
attempt was to be made to get relations of the
Partners appointed. Although this attempt has
been abandoned, it is sufficient to show that the
creditors are not holding preliminary meetings
Without a cause. With regard to the assets no-
thing favourable has yet transpired. There
18 an interest in some foreign railway conces-
!,_kns, and debts due from contractors, but of
'Et value of these not even an approximate
calculation can be made. This afternoon another
section of Messrs. Stralia,n's creditors are holding
a Meeting in Essex•street, but the proceedings are
still going on.
The Union Bank of London will commence busi-
ness at their new branch in Fleet-street on the 2d
°f July.
The accounts from Scinde respecting the interest
'alien in the railway for that province give the
most substantial proofs of the general appreciation.
"hen the undertaking was formed, a portion of the
capital was reserved for the locality, and this is
being taken up with the greatest avidity, and in
la
rge amounts by parties of the highest considera-
°n, anxious at once to pay up their " calls" in
full,
and secure the 5 per cent. interest from the
onourable East India Company. Yesterday the
.??Illmittee of the House of Peers passed the Scinde
pill through standing orders, and it is expected to
he read a second time on Monday. It has already
Passed the Commons.
The South Australian Banking Company, at its
Meeting
yesterday afternoon, declared a dividend
at the rate of 14 per cent. per annum.
There is a firmer market for English Stocks, as
We have no confirmation of the many sinister ru-
mours current at Paris, but, on the contrary, a de-
nial that the Emperor of the French is ill. Con-
sols have been 911 1 for account. Exchequer Bills
are exceedingly firm, the 21d.. at 18s. to 215., and
2d. at 14s. to 17s. premium. East India Bonds
have been 275. to 28s. premium. Bank Stock is
Well supported at 210 to 211. The 30 Years' An-
nuity is at 16 15-16ths. The New 3 per Cents.
are 92i
The Foreian Securities have been merely nomi-
'aal• Turkish, however, have been in demand at
further advanced rates, being up to 821 1. Rus-
Sian 5 per Cents. have been at 99k. Belgian 4i
Per Cents. bring 94.
The following are the nominal prices of foreign
stocks:—Grenada Deferred Bonds, 61 to 7; Mexi-
can, 2lk to 211 ; Peruvian, 68 to 70; ditto Three
Per Cents., 48 to 50 ; Portuguese Four per Cents.,
41 to 46 ; Russian Five per Cents., 99 to 101 ;
ditto Four-and-a-Half per Cents., 89 to 91 ;
Spanish New Deferred, to 18/ ; Ditto 3 per
Cents., 381 to 391 ; Ditto Certificates, 4 to 4i ;
Ditto Passive, 4 to 41.
The Railway Share market is rather looking
', but there is not a great deal doing. The
SlsCsactions have been principally in Brighton,
terth-Western, Midland, and Caledonian. Among
foreign shares Antwerp and Rotterdam are
kill at very full rates. Grand Trunk of Canada
4bout the same. Great Luxemburg Constituted
are firm. Great Western of Canada are weaker.
;Namur and Liege are buoyant, and Sambre and
Meuse are in demand at fuller rates.
In the foreign and colonial mines there is not
much doing. The Clarendon of Jamaica are at
steady rates.
British North American Bank are firm, the City
tank has touched 51 premium, and the London 21
to 3 premium. Union of Australia are steady.
Crystal Palace shares are flat at 2 discount.
South Australian Land are rather higher.

•
BRITISH FUNDS THIS DAY.—CLOSING PRICES.
( From the Ogcial Lie.)
Engines. done
ink Stock
3,,,Per Cent. Reduced Annuitias.
New 3 per Cent. Annuities
Lone' Annuities, Expire sth Jan., 1860
Ditto 30 Years, Expire sth April, 1883 16 15-16
India Bonds, £lOOO ..- ••• ....... 23
Ditto, under £lOOO
Consols ?or Account, 10th July 9l i i
Omniura
Exchequer Bills, 24d. 2d.
£3OOO
... ~. .........
..
2500
Small ... 21 18 , 14 17
Exchequer Bonds 1859, 36 per Cent. lOlB 1 i
PRICE OF FOREIGN FUNDS THIS II AY.
Russian Bonds, 1822 5 per Cent. £St 99i 100
Bardinian Bonds, 5 per Cent. .......
SPanish Committee Cert. of Coup. n;t fun 4i p c
Turkish Bonds, 6 per cent
82
Ditto for the Account.
..,_, Dividends on the above parable in London.
..j°lgian Bonds, 2. per Cent. ex. 25 fr —
Ditto .q per Cent. Ex. 25 fr 94 a
THREE O'CLOCK.

Console
Ditto for the Account 9l d