The Sun.
London, England, 1855-06-02 00:00:00

liA UKET

CO2I.ItERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Cotton Market at Liverpool yesterday
remained firm at full prices. The sales amounted
it° 15,000 bales, making the total for the week
'52,400 balesd. Fair Uplands realised 61d. ; Mo-
b:, .s
Mo-
bil 67d. ; and Orleans, oid. per lb. Railway
shares were firm, at further enhanced values.
c, In their circular dated last evening, Messrs.
and Charles refer to the war with Russia as
la"c . carried on, and observe :
"That it will be impossible, however, for her to carry
°ll a defensive war on the gigantic scale the present
Strugglef has at length assumed without seriously inter-
:lllllg with her productive industry, is wit denied ; and
readY there are symptoms manifest which warrant us
4 believing that in the fire of the allies being
°pened against her coast, the demand for horses,
earls, and men for Government objects will be
Fuch as materially to diminish the commercial facilities
th:' were established last year. Nevertheless
re is energy enough in the people of Russia,
a!irnulated as it is by unceasing appeals to their fanati-
el", to defend their country gloriously. The contest
but t we expect, be hot, if it be not very long.
•uut the conquest of the Crimea, or the destruction of
the
4 Russian ports in the Baltic, will not bring the war
ic.l) a close. To follow the armies of the Emperor to
t Gsc°w, whither they will retire, will never be at-
te,_raPted. Recourse must at length, then, be had to
the prohibition of her trade. Why not at once ?
``Asa. curious illustration of the ignorance that prevails
-4111* Petersburg amongst the native merchants, or ra-
wer dealers, concerning public affairs in this country,
et, may mention that it being made known that Earl
Grey Was about to bring forward the motion with which
e' favoured the House of Lords on the 25th ult., it was
actually supposed that the war would, as a matter of
llree, be abandoned, and the price of tallow was in
e,:lasequence raised by the purchases of these opera-
ra two roubles."
Messrs. D. Bell, Son, and Co. report that during
the
Past week a marked improvement has taken
Place in the market for American Securities, and
that
there has been an active business doing in
them at advanced prices. The chief transactions
i
‘l,;_the railroad' bonds have been the Panama 7 per
Sterling Bonds., of which there have been
°4lO large purchases ; also in Pennsylvania Cen-
tral, Illinois Central, and New York and Erie
fonds, for which there is still a good demand

Redeemable. Per Cent.
tihbiited States 6 per Cent. Bonds 1868...107 108
"I'ed Stat 6 ernCeßnt. Cent. Inscribed
stock " p
Pe 1867-1868...106 107
80
N4llB37lvania 5 per Cent. Inscribed Stock ... 78 ~..
vf Ilusylvania 5 per Cent. Bonds 1877... 84 85
7r4suchusetts 5 per Cent. (Sterl. Bonds) 1868-102 10_3,
ViarrYlaod 5 per Cent. (Sterling Bonds) ••• 91 r;,
virgillia. 5 per Cent. (Sterling Bonds) 1888... idb
Ite„gilnia 6 per Cent. Bonds 1886... 87 88
""Icky 6 per Cent. Bonds 1868... 88 89
Atotit,„ , .LOANS OF CITIES.
4e, --'4. 6 p. Cent Ster. 80nd5...1857-1865... 83
1893... 80 82
v Orleans 6 per Cent. Bonds
Do. 1874...7,3
do. do.
Do. 1884... 72 74
do. do.
RAILROAD BONDS.
IlliZtill°i.s Central 7 pey Cent. Bonds 1875... 68 70
bli°lB Centr 1 7 1) r Cent. Freeland
ki'ohni ds .... a.
....... e.
11885609 i
92*85i 65
Pau gan Central 8 per Cent. Bonds B9 90
1; allia 7 per Cent., Ist Mortgage (Ster-
/,a`ing Bonds)
tlanaa 7 per Cent., Ist Mortgage (-Ster-
?eling Bonds)
tcnitYdlvania Central 6 p. Cent. Mortgage
kw yosrk ... ....
... 0z.i..i.5.t.i...;..t. ........ 91 92
New York
......... . _ ..... . .... - ........ .1868-1869...100 101
w York and Erie 7 p. Cent., 2d Mort-
N,be 18,59... 90 92
a. , Convertible
w York and Erie 7 per Cent 3..a...liiort-
eayge, Convertible 1883... 85 86
81
NF,ork and Erie 7 p. Cent. Convertible 1862... 80
inztioark..and Erie 7 per Cent. Sinking

~ 80 81

* Ex dividend.
The weekly return of the Bank of England to
Saturday last entirely confirms the view taken as
t 0
the necessity for employing some of the surplus
tif;4ets either in the purchase of Government Secu-
e,ea or in making loans upon them. The Bank
".not reduce its rate of discount, and found
fewer bills offered, consequently resorted to this
tkl:edient as upon former occasions. The excellent
.nanee to the credit of the Chancellor of the Ex-
th'iller is still an encouraging feature in the ac-
o-nnt, and
the means of the Bank are now left
e
-atir unfettered by an extraneous Government
demiandy that militates against the commercial body.
i A,,';_private deposits were slightly lessened, but
tfler,°Ftbly the proceeds might be invested prior to
:losing of the transfer books. Such an amount
ke% in reserve and bullion has been rarely held
'alit N. 7 tank in unsettled times. Compared with
Actic?l', the changes are as follows
eh
eaeirculation £19,617,315
43414 "Jeorse 4,625
ozl 17,064,781
.4(41 Increase 417,065
3,172,157
1,857
increase
lie Deposits 5,196,161
Increase 1,837,889
other Deposits 11,932,316
Decrease 298,455
Nven-Day and other Bills
Increase
Government Securities 12,110,721
Increase
ether
Securities 12,315,806
Decrease 139,349
Notes unemployed 10,720,370
Increase 439,760
el:Yesterday afternoon the rates for bills of ex-
-nge upon the • cipal continental cities were
hot, principal
at b,,quite supported. Paris, 90 days, was taken
t.;45 37i to 40 ; Hamburg, at 13 71 to 8 ; and
-,Tite) at 12 33 to 36.
fi-"facial accounts, relative to the sums
theid as
ig insurance, have been published for year.
11:4, from which it appears that the Sun, Phoenix,
%,„,37a1 Exchange, County, Imperial, and Alliance,
highest on the list in London, the Norwich
-o'l and West of England in the country, the
iteo,ttish Union and North British in Scotland,
jr National, the National, the Patriotic, and the Globe, in
mehe The Unity made great progress. 4
17").-e, exports of bullion from London direct this 214
gavr" to Thursday last, have been 1,680 ounces of 100
here are no arrivals to-day with news of any wo
kterest. 100
t?" monthly list of Mr. Miller shows a fair 100
Illber of vessels on the berth for Australia.
20i
wer;eZunds have been rather flatter,Consols which too
- '44 a being now 924 for transfer. For ac- 20
et)nnt 4'
ra,th they have been 911 ex dividend, and since 6
Sellers 911, though now up to 94 again.
lilt Stock has varied from 2081 to 210. India 20
Stock has been at 235 to 236. Exchequer Bills 20
20
20a nominal, and India Bonds have been 19s. to. 20
do: Premium. The New 3 per Cents. have been
33-
pr,
at 92 to 921. The Omnium is at 41 to 4R-
-20
Par •
Tur e,
Ign Securities have been steady, except 20
ablab, which are lower, having been dealt in at 16
is and 82, and since at 81 to /. At present they 20
e
In about 84 to 1. Mexican Bonds have been
to' Lerited at 22f to Buenos Ayres have risen
%.42? and Peruvian have been dealt in at 69._
2,3
ti
rn i
The fcaonennotewsx.inadgrieviadte6n4d. realise 85i to 86. Dutch 20
10
are the nominal prices of foreign
K,l:----Grenada Deferred Bonds, 61 to 71; Men- 2400
Per'n'2i to 22/ ; Peruvian, 68 to 70; ditto Three 20
t'-eA%ts., 48 to 50 ; Portuguese Four per Cents., 20
ditt ; Russian Five per Cents., 99 to 101 ; 20
„.,(/ Pour-and-a-Half per Cents., 89 to 91 ;
20
CP:lintisll New Deferred, 181 to 18/ ; Ditto 3 per
Ditto 38 to 381 ; Ditto Certificates, 4t044 ; 2?'
Ark Passive, n to 41.
421ough the transactions are not important, the a
Noßailway Shares fully maintain their value,
1\1" 14 Some cases are higher, Aberdeen, Great 4t
nrthern
am Lancashire and Yorkshire, Midland,
The aterford and Kilkenny being at an advance. 11
high4lltlverp and Rotterdam have been about ss.
21
Saniej, Lyons and Geneva are up 10s. to 11., and s 2
poure and Meuse are fully 10s_. dearer.
an elan Mines are dull, and also the Joint-Stock
traii,,s• Crystal Palace are a shade higher. Aus-
-4n Agricultural Land continue heavy. I