The Sun.
London, England, 1855-10-04 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
The Liverpool cotton market, yesterday, closed
very heavily, and most sorts of American qualities
were id. per lb. lower than last week. Brazils were
id. per lb.. cheaper, but other sorts unchanged.
The sales were 6,000 to 7,000 bales (500 for ex-
port and 500 on speculation); comprising 100
Pernam and Maranham, at sid. to 6id. ; 50 Bahia,
at bid. ; 500 Egyptian, at 6d,. to Bd. ; and 1,000
Surat, at 41. to 4id. ; and 160 Sea Islands, at
101 d. to ls. 3d. per lb. The Railway Share Mar-
ket was quiet, but steady yesterday at a slight
advance upon Monday's prices.

The last commercial advices from New York
contained the local Board of Trade Returns, and
they are considered to be satisfactory. The im-
ports of specie into the United States during the
quarter ending June 30 represented 684,481 dols.,
the free goods 15,098,990 dols., and the dutiable
46,614,192 dols., making a total of 62,327,663 dols.
The shipments of specie during the same period were to
the extent of 19,947,803 dols., merchandise
41,287,039 dols., foreign 7,668,572 dols., giving an
aggregate of 68,902,414 dols. From these figures
it will be observed that the value of exports ex-
ceeded that of the imports by 6,504,751 dole., and
the result appears to be rather an unusual one, as
the exportation at the particular period which
these returns embrace is generaly limited.
Every one was surprised yesterday afternoon to
hear of the stoppage of Messrs. De Lisle and Co.,
the well-known merchants, connected with the
Brazils and Canada, and acting likewise as agents
for several of the Jersey and Guernsey Banks.
Large advances to their correspondent in Canada,
who had failed to send the remittances expected,
and who have not fulfilled their engagements
entered into some time back, are the immediate
causes of the suspension ; and, although Messrs.
De Lisle have as much as 100,0001. at command,
it was felt that there would be a useless sa-
crifice of property, now that the hope is
abandoned of any considerable liquidation of
the moneys due on the other side of the
Atlantic, if they continued business. It is
extremely satisfactory to learn that the agencies of
the banks named will not in the least be affected,
and that already arrangements have been made for
protecting their drafts by Messrs. Hankey, the Lon-
don bankers. The total debts of Messrs. De Lisle
are stated at 300,0001. to 400,0001., and there will
be an early dividend, as a large portion of the assets
in hands consist of hard cash. One reason why
this failure was the more unexpected is that at the
very time of their stoppage Messrs. De Lisle had
money deposited with the discount houses on
" call," and it was only upon the honourable con-'
elusion that their total assets would be insufficient
to meet their liabilities their determination to
stop forthwith was adopted.
The demand for money in discount circles cer-
tainly does not increase from any activity in trade,
and it would be consolatory, no doubt, if it did.
There is, however, another source which promises
to take away our surplus money much faster, and
for much less legitimate purposes, namely, to keep
alive the fictitious cheapness of money at Paris, to
push on at this inconvenient period Austrian rail-
way schemes, and, worse than all, to furnish the
sinews of war to Russia. If ever there was an
occasion for legitimate interference on the part
of the Bank of England it is here, and, instead of
distressing the industrious artisan or the enter-
prising merchant at home, it would be as well to
look after such foreign houses as by various expe-
dients are lending themselves to the abstraction of
our bullion for purposes which cannot be con-
sidered beneficial to this country. We know full
well the course that should be adopted if the
Bank directors had the nerve to carry it out, and
this is neither more nor less than refusing, on any
terms, the discount of foreign bills that are sup-
posed to emanate from the engagements above re-
ferred to.

Very heavy markets still rale in the Stock-Ex-
change, and the depression which occurred yester-
day afternoon, when Messrs. De Lisle's failure be-
came known, has not yet been recovered. It is
stated, nevertheless, that the public are buying
small parcels, and that if the bankers ceased their
large sales there would speedily be a rally. While
specie is sent away faster than it arrives we can
hardly look, however, for the cessation spoken
of ; but we believe it is in the power of
the Bank of England to check it by other and more
effectual means than simply raising its discount
charge. Consols were first quoted 87/, but have
since been 87k, f, both for money and time. The
speculators must be heavy Bears at present, but
they have in their favour the support derived from
money sales, and whatever the " chapter of acci-
dents" may bring about between this and the 12th
instant. Exchequer Bills are par to 4s. discount,
and India Bonds par to 2s. discount.
The resumption of speculative sales of Turkish
Bonds this morning has forced down the prices of
the 6 per Cents. another 4 to 1 per cent., the
prices having ranged from 841 i and 834, at which
latter figure they are at the present moment
quoted. The New Scrip is heavier; being 21 and
2 discount. Spanish New Deferred are 194. Pe-
ruvian Active Bonds are flat, at 75 and 74k.
Chilian 6 per Cents. are worth 994, Brazilian
5 per Cents. 99, and the Small Bonds 99/.
The following Are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 18 to 20; Mexi-
can, 214 to 214 ; Peruvian Four-and-a-Half per
Cents., 74 to 76 ; ditto Three per Cents., 54 to 56;
Portuguese Four per Cents., 43 to 45 ; Russian
Five per Cents., 97 to 99 ; ditto Four-and-a-Half
per Cents., 85 to 88 ; Spanish New Deferred,
37/ to 381 ; ditto Three per Cents., 19i to 19R- ;
ditto Certificates, 41- to 4i ; ditto Passive, 44 to 5.
The last week's railway receipts, ascertained up
to this day, are in round figures as follow :

Great Western

North-Western

South-Western

Brighton
Midland

South-Eastern..

Caledonian

Great Northern

1855. 1854.
£29,391 £24,617

Lancashire and Yorkshire
North-Eastern

62,055

58,283

16,503 14,494

18,339 16,818
31,549 29,921

25,938 20,181

12,028 11,982

23,931 21,524

21,478 20,465
36,507 33,692

Railway Shares continue languid, and most of
the quotations are ss. to 10s. lower than yesterday,
while the dealings are exceedingly limited. Ant-
werp and Rotterdam are cheaper, and Paris and
Lyons are down about ss. The Colonial shares
also rule flat.

Mining Shares are nominal. City Bank shares
are lower, and in the Miscellaneous market there
is little change.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
f Prom the Onicial List.)

- _
Business don-
-3 per Cent. Console Annuities B7iiiiii
L mg Annuities, Expire sth Jan., 18C0
Ditto 30 Years, Expire sth Jan.,1860 3i 11-16
India Bonds, £lOOO .. .
Ditto, under 21000 par 2 d 3
c10,,,01s or Account, 12th October B7iiiliii
Exchequer Bilis, 2id. 2d.
I
£lOOO . ....../... par 41 d 34 1 a
£.500
Small
Exchequer Bonds 1858, .3/ per Cont....
Ditto 1859, „ ... 98i i 9
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds 5 per Cent. .. . 99 i ex d
Ditto for the account 99
Ditto Small
Chilian Bonds, 6 per Cent. • 99/ 1002
Mexican 3 per Cent.
Ditto for the Account 2l
Peruvian Bonds, 44 per Cent
Ditto for the account 75 4/
Russian Bonds, 4/ per Cent BB
Sardinian Bonds, 5 per Cent.
Ditto Account
••
Spanish Bonds, 3 per Cent 3B
Ditto New Deferred, 3 per Cent.
Ditto for the Account l9i
Tarkit.h Bonds, 6 per cent --
Ditto for the account 81 3. 4-1 3 43i 2i
Ditto New Scrip, 4 per Cent.
Benzes, 3 per Cent. payable In London.
French
nividencls on Os abeye
Ditto Scrip 2nd Loan of 1855 6 p
Dutch Exchange, 2/ per Cerit. 12 Gnil 64/

4l 2s

Consols
Ditto for tho ‘ceount

THREE O'CLOCE.
87d
87i

20
10
10
10

5
5
20
10

20
100
20
20

GLASGOW AND SOUTH-WESTERN RAlLWAY.—Traffic re-
turn for the week ending Sept. 29, 1855 £6,50 15 0
corresponding week last year 5,927 U 1

100
100
100
23
20

Increase in 1855 £s7B 3;11 50

LOO
all
00
.00

100
i
all
all
100
100

100
all
R2s.
1
100
100

17?
al l
all

all
all
all
all
8

all
3
all
all

......
A.mbg. Nottng. Bost.
and Eastn. Junct...
Belfast & Ballymena.
3irn.ting. Wolverb 4
Stour Valley
Birt e Ahd. Lancel..
Cheshire Junct
1)0. Cheth. & Birk.,
£5O and £25 Cons.
Do., £20...
Rlyth &Tyne origirut
£25 (issd. at Lit
Bristol and Exeter
Caledonian

Cann. and Cardigan
Chester 4 Holyheao
Cork and Bandon
Cork, Black, di Pass
Cornwall
Do. A
Do. B
CilieT Junction
Duolin&BellastJunc
Dun. P. & Jnc
Do. N,n,

i 0 1
10(Th
40
60
25
20

East AA:

Eastern bounties..
Nast. Union, A. SU
De B. Sto,f.

IDo., New A..

East Kent
East Lancashire

Edinbrirgh a Glasgow
Edinb. and Peebles
Edin.Prtb Durde
Forth It (Jlyde Jr n,
Furness
Do. Extension

Glasgow& S. WeFit.—
Great N. of Scotlnd.
Great Northern
Do., A. Stock
Do., B. Stock_

Sth. &West.(lre.
Great Western
Do. Stour Val. Rai'l
Qua. Stk

Irish South-East,ern.
Lancaster &Carlisle
Do., Thirds
Do. New Thirds
Laneasb.anclYorksh
Do., WE t. aiding Un.
Liv.Crs y. &Southpt
London & Blackwal
Load. Bright & S.Cst.
iLond. and N. Westn.
IDo. Fifths

IDo.IO/.5h.,M&8...0
'Do. Eighths
London andS. Westu
Do., £5O
Do., £4O.
Lndndrry& Col erain,
Lndndrr-r. & Ennisk.
Manch.Shef.& Limb
Do. Shares, No. 1
I Do., Man. & Lin. Un
IMatropolitan

Midland
Do. Birmug. & Derh)
Midld. G. West. (Ire.)
Do. Half Shares
Newcastle & Carlisle
Nwpt.Aberg. & Hrfd
Newry & Enniskillen
Newry Warrenpoini
and Rostrovor

Norfolk
Nortlin.Connties lin
North British

North Devon, No. 1
Do., No. 2
')o., A Deferred
Do., B Guaranteed
N. Eastern—Berwick
Do. do. Extension
Dodo.O.N.E. Pink
CO. Leeds
Do. York
North London ..

N .&S.Wstrn.,Hamp-
stead, and City Jn
North Staffordshire
North Western
Y. & S. Westrn. June
Nuneaton, Hinckley
and Leicester..

hr, Wort.. At woiv.
eGrte:avatth
o .fish Central
ieottish Midland

Thropshire Union
oath Devon
;oath Eastern
ionth Wales
i. Yrksh. do Riv. Dm

Do..

Staines, Wok. &Wok
Stockton & DarHu
.4tcAton & Hutlepl
rain Vale

Do. Pref., No. 1
names Hay. PA B.
tilverstone & Lanes
Vale of Noath

Waterfd. & Kilkenny
Araterford&Limeria
West Cornwall •
West End of London
and Crystal Palace
Do. A
Do. B

West London...

Wimbledn&Croydon

FOR.

Antwerp& kott ,rdam
Do. 5 p.c. Oblgs. con.
in Sh. at par till '64
Belgian Ewan. Juno.
Bezi ors to Graissessac
Bombay, Baroda, and
Central Ind!a,Sorii
Demorara
~,