The Sun.
London, England, 1856-09-04 00:00:00

MONEY MARKET

AND
CODENTERCIAL INTELLIGENCI'L

CITY, Two :'CLU

The Liverpool Cotton Market, yesterday, closed
firmly, at an advance of id. per lb. on Americans
and Surats above Friday's rates. The sales were
12,000 to 14,000 bales (1,000 for export, and 3,000
on speculation), comprising 600 Pernam and
Maranham, std. to 71d. ; 1,200 Bahia, Gid. to
61d. ; 250 Egyptian, 6id. to Bd. ; 2,500 Surat,
4W. to ; and 50 Sea Islands, at 11d. to 120.
per lb. The Railway Share Market continued
quiet, and prices tended downwards.

_
Commercial advices from Milan mention that
the fair held at Brescia had proceeded with anima-
tion, with an important rise in the price of several
articles of merchandise. From Naples we learn
that in the neighbourhood of that city the yield of
silk from the cacoons had been small, but in the
neighbourhood of Caiabries, on the contrary, the
crop was more favourable. It is, nevertheless,
Stated that not more than half an average produc-
tion has been obtained in Naples, Calabre, and
Sicily ; consequently the spinners, in most
instances, refused to sell except at exorbitant
prices. A. large number of French and Ita-
lian purchasers were present. From Lyons
the letters state that silks and silk manufactures
Were advancing in price, but buyers were not re-
strained in consequence, as the advices from most
parts led to the inference that a further advance
Would ensue. Although there is very little specu-
lation in France in this article still the require-
inents of the manufacturers are sufficient to absorb
every parcel offered for sale.

.. -
The high prices of silk on the continent are
likely to occasion increased remittances of silver to
China, in order that supplies may be obtained
from that quarter, as the profits on consignments
at the present time are very large. The amount
of the precious metals taken out by the steamer
Indus, which leaves Southampton to-day, as will
be seen by the following table, is ♦ery large :
Alexandria (gold)
Bornhay (silver) 115,705
Madras (gold)
Do. (silver)
Calcutta (silver) 161,299
Penang (silver)
Singapore (silver)
Do. (gold)
Hong• Kong (gold)
Do. (silver)
Canton (silver)
Shanghai (silver)

Total
With regard to the affairs of tho Royal British
Bank, nothing official has yet transpired ; but
It is confidently asserted that the depositors
.
receive 20s. in the pound, the assets

being sufficient for that purpose without any
call being made on the shareholders. It is
said that the Bank had 70,0001. in bills, which, at
the last moment, it could not get discounted ; and
this accelerated the stoppage. The losses are esti-
mated at 60,0001. to 70,0001. The excitement
having abated, there is now no longer any
apprehension of any further difficulties of
a similar description, although throughout yes-
terday several rumours, not possessing the
slightest foundation iu fact, were circulated
affecting the credit of other establishments.
Thia being the " fourth" of the month there is a
good demand for money at full rates.
The Directors of the Bank of England at their
board meeting to-day made no alteration in the
minimum rate of discount.

A rumour has just been circulated that payment
will be resumed to-morrow by the Royal British
Bank.
The Funds have been further slightly depressed,
?wing to the arrangements in progress for the 10th
inst., when the account will be settled. Many
are induced to close their transactions, rather
than "carry over," as there seems little pro-
spect of an advance in prices at present.
Consols have been 94i for money, 941 for the
10th inst., and 95k ± for October. The New 3
per Cents. are 951 and the Reduced 95 to 954.
xchequer Bills have been dealt in at 12.3. to 153.
Premium, the Bonds at 1001, and the India Bonds
at 15s. to 168. premium.
The Foreign Market continues dull. Turkish 6
per Cents. are not better than 103 i, and the
4. per Cents. are nominal. Spanish 3 per Cents.
have been 25, Russian 5 per Cents. 109, Mexican
221. Peruvian 4is per Cents. 81k, and Dutch 2/
per Cents., 65f.
i The following are the nominal prices of Foreign
Stocks:-Grenada Deferred Bonds, 7 # ; Mexican,
22{ ; Peruvian, 80 2 ; ditto 3 per Cents., 58 60 ;
Portuguese 3 per Cents., 45i 6i ; Russian 5 per
Cents., 108 10 ; ditto 4,i per Cents., 98 100 ; Spa-
tish 3 per Cents., 44i 5f ; ditto Deferred, 25 I ;
ditto Passive, q 7.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
1856. 1855.
Great Western . . £30,398 £28,152
North-Western
South-Western
Brighton
Midland
South-Eastarrn
Caledonian
G: eat Northern
Lincashire and Yorkshire
Bristol and Exeter 6,814 6,909
East Lancashire
Manchester, Sheffield, and Lincoln 9,834 9,069
North Stafford
North London
Ulster Railway
Waterford and Limerick
Edinburgh and Glasgow
Glasgow and South-Western
Scottish North-Eeastern
Dutch Rhenish
Great Western of Canada 8,972 6,747
Norwegian Trunk 967 781
Railway Shares are depressed, the average de-
cline in prices being Ito 1 per cent. North-West-
ern, Great Western, Midland, Eastern Counties,
North-Eastern, Berwick, and North British are
most affected, French Shares rule dull, and
there is very little inquiry for the Colonial.
Mining Shares are without alteration, but Bank
Shares are heavy, in consequence of the failure
yesterday. Western of London have been down
to 46. Miscellaneous Shares remain steady.
The price of Consols for money at 2 o'clock yes-
terday was 94! and not 951 as erroneously
quoted. The error, however, was self evident, as
the prices were differently given in the preceding
remarks and in the official list.

BRITISH FUNDS THIS DAY.-CLOSING PRICES

( From th, Official List.

etre..., done.
aik Stock
3 per Cent. Reduced ........ 96. 5
3 per Cent Consols Annuities
New 3 per rent. Annuities
Long Annuities, expire sth Jan. 1860...
Ditto 30 Years, expire sth April, 1885 lB 7-16
Iniix Bonds, A:10110
Ditto, under £lOOO l7 p
03nsols for Account
Etchequer 81110, 23d.
£IOOO
2.51/0
Small
Ditto Bonds, 1858, 33 per Cent. lOOl
PRICES OF FOREIGN FUNDS THIS DAY
Grenada New Active, 24 per Cent.
Mexican 3 per Cent
Ditto Account
Peruvian Bonds 43 per Cent • —
Ditto Account
Russian Bonds, 1E22, E St., 5 per Cent 10)
Ditto 43 per Cent.
Sp anis), Bonds, 3 per Cent
Ditto New Deferred, 3 per Cent.
Ditto Account
Terkihh Bonds, 6 per cent
Ditto Account . . lo3i
Dividends on the above payable In London.
French Iterates, 43 per Cent.
Ditto 3 per Cent . 7lf. ex 25f. 25c
Dutch Exchange, 23 per Cont., 12 Guilders 65,E
THREE O'CLOCK.
Consolp, money 94i- 5
Ditto, Account, Sept. 10 94i 5

22i i

THE AUSTRALIAN MAILS.—LIVERPOOL, Sept. 3.--The
Royal Mail ship Marco Polo, belonging to the Black,
Ball line, is advertised to sail on Friday, the sth, for
Melbourne. She has or. board a large cargo and about
400 passengers. This afternoon, owing to the announce-
ment that the Kent is off Dover, with dates from Mel-
bourne to the 10th of June, the owners of the Marco
Polo have telegraphed to the Postmaster-General, asking
for permission to detain their ship until Sunday, to give
merchants and others an opportunity of answering letters
they may receive by the Kent.