The Sun.
London, England, 1855-11-17 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

In the Liverpool Cotton Market yesterday there
was only a moderate demand, at the advance no-
ticed in the earlier part of the week, with the ex-
ception of Macaos and common qualities of Egyp-
tians, which wer• Id. dearer. The sales were 6,000
bales. Fair cotton was quoted at—Mobile 6gd.,
and Orleans 61d. per lb. The Railway Market was
dull, and closed at its worst point.
From the Bank return for the week ending the
10th inst., it appears that the amount of bullion
has diminished, which, however, has not been to
the large extent that was apprehended. The re-
payment of loans and the taking up of paper have
operated wpon private securities, which have de-
creased 500,0001. ; private deposits have also been
smaller, by upwards of 500,0001., which proves
that the moneyed interest is tight ; the public
deposits, on the contrary, have increased about
250,0001. The statement shows the following re-
sults :

Active Circulation
Decrease
Bullion
Decrease
Rest

£19,763,090
133,765
11,234,438

65,196
3,208,583
30,414
3,369,984
235,374
11,166,069

Increase
Public Deposits
Increase
Other Deposits

Decrease
Seven-Day and other Bills
Decrease
Government Securities

528,131
942,750
21,500
10,124,848

Decrease
Other Securities
Decrease
Notes unemployed
Increase

76,428
17,879,564
475,984
4,883,205
238,740

Accounts from Holland. state that the reply of
the Minister of Finance to the Chamber on that
portion of the budget connected with the ways and
means for the present financial year was not favour-
ably received. It appears that there has been an
excess of six millions of florins in revenue above
the expenditure of the year 1854-5, principally ow-
ing to the increase in colonial produce belonging-
to the State, and that the application of that in-
crease should be applied to the benefit of the Dutch
colonies, whereas it is intended to be expended in
the general disbursements of the State.
On the Paris Bourse yesterday great activity
was displayed in the Stock Market. Speculators
were endeavouring to maintain the fall in Rentes
of the preceding day, especially on the 3 per
Cents. and 41 Stock, for delivery in December ;
they not only remained firm at the opening, but
advanced 10c. and 25c. during the day, and 3 per
Cents. for money rose 5c., while the pur-
chasers were stated to be influential capitalists.
Railway Shares, on the other hand, experienced
a decided fall, ranging from sf. to 7f. 50c. on the
principal lines, notwithstanding the favourable
traffic returns for the year issued during the day.
These returns show an increase of 15 million
francs on the Paris and Lyons Railway, equivalent
to 65 per cent. on the previous year. The Northern
likewise shows an augmentation of 8 millions, or
about 25 per cent. ; the Eastern, first concession,
8 millions, or 30 per cent. ; and the Western 7
millions, or about 32 per cent.
The Directors of the Trust and Loan Company
have just issued their report for the half-year
ending the 30th September last. The net profits
during that period amounted to 8,2781. 19s. 7d.,
and the total balance to the credit of revenue was
8,430/. 18s. Bd. It is recommended that a divi-
dend at the rate of 7 per cant. per annum should be
declared on the paid-up capital of the company,
and that one half of the surplus profits over 6 per
cent. per annum should be applied to the reserve
fund, in conformity with the terms of the company's
charter. This addition would increase the reserve fund
to 7,9631. 4s. Gd. Owing to exceptional and other
causes the dividend for the past half-year of 8 per
cent. per annum was not maintained, but it is stated
that the deficiency is not likely to arise again. The
company have not been able to proceed with their
investments in Canada from their inability to ma-
ture several loans before the 30th of September, ,
when the accounts for this country are made up,
and this has been produced by the delays in the
public registry offices. The report concludes by a
favourable statement as to the prosperity of the
colony, the increased price for land, the facility of
transit, and other circumstances favourable to the
interests of the company.
In English Stocks the dealings have been cir-
cumscribed, and the prices have ruled rather
heavy. There is no circumstance connected with
the business done requiring special notice. Sa-
tarday being usually a quiet day Consols for
money opened at 87i to 88, and for account
88 to 881, and closed at 87/ IT, and 87i
to 88 respectively. This is in both cases a
decline of per cent. Exchequer Bills have
receded is., being lls. to 9s. discount. Bank
Stock rose to 208 and 209. The New 3 per Cents.
have been 87i and the Reduced 86i. to 87.
The aggregate business of the foreign market has
not exceeded half a dozen bargains. Turkish
per Cents. have ruled at 79i to 80, and the New
Scrip brought 41 discount, being weaker. Dutch
21 per Cents. have been 63i ; Russian 5 per Cents.
951 ; and Brazilian 41 per Cents. 92i.
The following are the nominal prices of foreign
stocks : Grenada Deferred Bonds, 6 to 71 ;
Mexican, 19k 1 ; Peruvian, 74 to 76 ; ditto Three
per Cents., 52 to 54 ; Portuguese Four per Cents.,
43 to 45 ; Russian Five per Cents., 94 to 96 ;
ditto Four-and-a-Half per Cents., 85 to 88; Spanish
New Deferred, 19-a ; ditto Three per Cents., 381 ;
ditto Certificates, 41 to 41 ; ditto Passive, 6 to I.
The general business in the Railway Share Mar-
ket has been very limited, but the most important
feature has been an advance of about 11 per cent.
in the Great Western shares. The chairman of the
Company (Mr. S. H. Walpole) has published a
letter, which shows the position of the company to
be more favourable than many had expected, and
which leads to an anticipation that a larger sum
for the dividend will be available at the end of
the current half-year. The other lines, although
rather heavy, have not declined to any material
extent. The foreign lines were quiet.
The Mining and Miscellaneous undertakings
ruled dull, but the banks were generally rather
lower.

BRITISH FUNDS THIS DAY AT ONE O'CLOC.' .
Fron% the Oftcial Lilt.)

Businoab done
Bank Stock

3 per Cent. Reduced Annuitica...... . B7 6/
3 por Cent. Consols Annuities B7l 8
New 3 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860 -16
India Stock
Consols i'or Account BBi 8
Exchequer Bills, 26d.
£lOOO . .«....» -1.0 ..... 9 11
9610

g5OO ......

Small ....
Exchequer Bonds 1858, 3i per Cont.... 981
Ditto 1859, s*. 98$
PRICE OF FOREIGN FUNDS AT ONE ucLor K,
Brazilian Bonds 5 per Cent.
Ditto New, 1852, 4i per Cent
Russian Bonds, 1822, 5 per Cent, XSt 951
Turkish Bonds, 6 per cent
Ditto for the Account 79i 80
Ditto New Scrip, 4 por Cent.
Ditto for the account 4i d
Dividends on the above payable to London.
Ditch Exchange, 2. per Cent. 12 Guil 63/
TWO O'CLOCK.

Consols B7i
Ditto for Account B7i 88