The Sun.
London, England, 1856-11-22 00:00:00

ONE MARKET

AND

COMNIERC:AL INTELLIGENOL.

CITY, Two o'CLoux.

The Liverpool Cotton Market yesterday exhi-
bited a dull appearance, and closed quietly. The
sales amounted to 5,000 bales, of which 500 were
taken by the exporters and 500 by the speculators.
The Railway Share Market closed steadily, but
Without animation.

The weekly Return of the Bank of England, com-
pleted to the 15th inst., is much more satisfactory
than was anticipated, and an examination of its
various features fails to explain the cause which in-
duced the directors to enhance their terms of dis-
count last Thursday week. There is a material
increase in the private deposits, the reserve of
notes, and the bullion, and the only unfavourable
feature is the augmentation in the " private securi-
ties," which is counteracted by the improve-
raents noticed in the other departments of the
balance, sheet. Probably on the face of this return
the commercial community will condemn the policy
Pursued, by the Court, but no doubt the equalise-
-1411 of the terms was dictated by prudence, espe-
cially as during two or three days preceding the
ceauge some very unfavourable symptoms were
exhibited. The next statement is likely to be still
more satisfactory, because 70,000/. of the gold
brought by the Lightning has already been de-
Posited in Threadneedle-street. It is also probable
that a portion of the remittance per the
zanies Baines will remain in this country,
but the export demand continues active,
and orders have recently been received for large
Purchases on continental account. The inquiry
for discount is less active than it was, and, encou-
raged by this, circumstance, the improved Bank
return, and the confident tone of the Paris advices,
many are of opinion that permanent relief will soon
be experiencedexperienced in the discount market. Taking a
comprehensive view, however, of all the causes
that are likely to exercise an influence, it must be
confessed that there is no just reason for antici-
Pating any diminution in the official terms until
the new year. The Omar Pasha has brought
2)000 sovereigns from Australia, and as several
other vessels are known to be on their way from
the same quarter with small supplies, it is hoped
that the stock of bullion in the national establish-
ment will soon show a material addition. The
following table exhibits the particulars of the offi-
cial return :
Active Circulation
Decrease
Bullion

£19,929,420
309,950
9,684,167

Increase

Rest
Increase
S. Public DepoSitS
Increase

154,015
3,254,649
17,226
4,921,785
292,818

..,
%Other Deposits ' 10,113,368
Increase
Seven-Day and other Bills 895,831
Decrease - 14,013
Government Securities
Decrease
Other Securities
Increase
ii'L Notes unemployed
Increase
Tho official return of the exports of the precious
metals from the port of London for the week end-
lug Thursday lb,st is as follows :

Gold Coin
SP
Silver Coin
I The Funds have advanced fully per cent.,
owing to the favourable complexion of the Bank
of England return, which has stimulated increased
Purchasers. There is very little activity, but a
fey? investments have been made at the improved
quotations. Consols have risen to 93i 94 for
Money, 94 to 94i for account, and 941 for
January. The New Three per Cents. are marked
921 93 and 93, the Reduced 921 g I, and the 30
Years' Annuity 17i. Exchequer Bills have been
2s. prem., being a slight enhancement, and the
Bonds are 98i. Bank Stock is steady at 217.
Very few transactions are reported in the
Foreign Market, but prices are higher. Turkish
6 per Cents. have risen 1, being 9%- and the 4
per Cents. are firm at 100 - 101. Spanish
Deferred have been dealt in at 23i. Russian 4i
per Cents, at 96. French 4 per Cents, at 91 50,
With the Exchange at 25 30. Belgium 41 per
Cents. 961, and Dutch 4 per Cents. 961.
The following are the nominal prices of 'Foreign
Stocks :—Grenada Deferred Bonds, 6i 7 ; Mexi-
-31, 22 gg ; Peruvian 41 per Cents., 77 8 ; ditto
Per Cents., 55 6 ; Portuguese 3 per Cents.,
44 6 ; Russian 5 per Cents., 106 8 ; ditto 41 per
Cents., 94 6; Spanish 3 per Cents., 411 21 ; ditto
Deferred, 231 4; ditto Certificates, 5 ;
Passive, 6 6i. ditto
A rather limited business has been transacted in
the Railway Share Market this morning, but quo-
tations generally have tended upwards, with the
exception of Great Northern, which were heavy, at
a decline of 153. Lancashire and Yorkshire, Brigh-
ton, North-Western, Midland,North-Eastern, York
and South-Eastern, improved about ss, to 10s. In
the Foreign and Colonial lines not much business
has been done, but prices ruled steady. Paris and
Lyons advanced 108., and East Indian ss.
A moderate business has been done in Joint-
Stock Bank Shares, but the fluctuations
have not been important, London and County
declined 10s. ; and Bank of Egypt improved 15s.
Miscellaneous Shares, Canada Government 6 per
Cents., advanced to 1151, and Electric Telegraph
to Riji.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)

Amines!, done.
217
sank Stock
4 4
3 Per Cont. Reduced Annuities 92i
3 ptr Cent. Consols AnnuitieB
.......... 4 '
New 3 per Cent. Annuities
.. 92i 3A
Long Annuities, expire sth Jan. 1860 Ditto 30 Years, expire sth April, 1885... 17i
India Stock
Consols for Account ............... 22.5
93i 4i
Etchequor 111118, Zid.
.21000 .......... .......
...................... par 3 p
Ditto Bonds, 1858, 3i per Cent. .......... 98i
Ditto, 1859 ........... ...................... 98t
RIM OF FOREIGN FUNDS Al' ONg o'cLoor
razilian Fonds, 5 per Cent. ...........
Ditto New, 1852, 4) per Cent...,....... ..... 97
Russian Bonds, 1822, £ St., 5 per Cent....
Ditto 4i per Cent. ............... . ........... 95
Sp anh h iSOI4 ds , 3 poi* Ce at . ................ Ditto New Deferred, 3 per Cent. .........
Ditto Account ........................ .... 23i
Turkish Bonds, NI. cent... ..................
Ditto Account ................................. 933
DDitto Guaranteed, 4 per Cent. ............
itto Account . ............................... 100 i
Dtvideado on t+‘e ahc.qo pAyauie r.nroinn
French Relates, 4 per Cent. ............ 91f. 50c. es 25f. 30c
Belgian, 2?.1 per Cent., ex. 25 francs ........
Ditto per Cent.. ex. 25 francs ... 961 d
Dutch Exchange, 2 per Cen.:., 12 Guilders Cril
Ditto 4 per Cent. Certificates ......... • . 96.
W O'CLOCK.
Consols (Money) ................ 93i 91
Ditto (December) .... ..................... 4 91i
Ditto (January) ............................ 944 94i

_Theodepol
Two convicts escaped from Dartmoor
on Saturday last. They were soon re ea
Mn. ROBERT STETHENsorr, INl.P—pne !„.c
regret to hear that the state of this eminent luai will
health has been for some time past so precario se,:11:8
render it doubtful whether be can remain in nugn,.; "o
TUB MURRAY NAVIGATION.—The advices from Ade-
laide, South Australia, by the Lightning, give good an.
counts of the progress of the colony and of the results of
the Murray navigation. The fall of rain, which bail been
gradually increasing with the settlement of the country,
has this year been unprecedentedly-topious, and the pro. j
apects of the next harvest were proportionably favour.
able. There had been an increased immigration of Chi. 5
Ileae, the poll-tax of 101. levied upon them at Melbourne 21
causing them to be brought to Adelaide, whence they 2(
proceed to the mines overland or by the Murray. All 1,,
the available craft on that river had been fully occupied,
Igo
and there WaS not sufficient means of forwarding the plan- 100
tity of goods desired. The trade seemed capable of al- 20
Most unlimited increase, and it was calculated that 20
While the cost of cartage from Melbourne to the Ovens
Vas 401. per ton, they could be conveye3 through the
whole rength of the Murray to Albury and thence to
the Ovens for 151. With regard to mining affairs, it is
stated that operations were being vigorously prosecuted
at the Burra.Burra, the average being 1,000 tons of ore
per month of very superior description. The Kapunda was
likewise being actively worked, and 280 tons of ore were
raised in July. Several new furnaces were in course of
erection, and it was intended to reduce all the ore to fine
?pper, instead of exporting regulus. The Australian
Mining Company had sent some specimens from their
n.ev, mine near Mount Remarkable by the James Baines.
Anitteetion was again directed to the possible discovery
remunerative gold fields in the colony, and 5,000/.
had been subscribed to a Gold Research Co
be'idea a like sum by the Government, for the purpose
of offeringtows. specific rewards for the results of explora-