The Sun.
London, England, 1856-07-05 00:00:00

MONEY MARKET

AND
COIYr.ffERCIAL INTELLIGENCE.

CITY, Two o'CLocit

The Liverpool Cotton Market yesterday closed
with more animation, and prices of all descriptions
were without any change. The sales amounted to
8,000 bales, 2,000 for export and 2,000 on specu-
lation. The Railway Share Market closed buoy-
antly, with a good business doing.
A.,ecounts from the Paris Wool Market report a
further lowering of prices, with no disposition on
the part of the spinners and manufacturers to sell
their goods at reduced rates. This, however, is
periodically the case, just about the time the new
clip of wool comes into market. l'nder these eir-
cturiatances transactions are limited, at the follow-
lag prices :—choice Merinos, in grease, 2f. 45c. to
2f. 55c. per kilo. ; ordinary kinds from 2f. to
2f. 50c. ; Burgundy, choice quality, 4f. 50c. to
4f. 75c. ; and ditto, washed, from sf. 20c. to 6f.
per kilo.

The quotations of wheat and flour in the Paris
grain market show a tendency to fall since the first
of the month, which is attributed to the favourable
accounts received from the country, and the pre-
valence of fine weather. Rye has been greatly in
dematid, and sales for immediate delivery are made
with facility at previous quotations. Barley is not
much in request, and quotations are nominal ;
while oats are greatly in demand, at an advance of
50e. upon best sorts. The best qualities of flour
are firm at previous rates, but the retailers are
buying in limited quantities.
The Bank of England Return for the week
ending the 28th ultimo is again of a satisfactory
character, and exhibits a steady improvement in
Monetary affairs. The bullion has increased, and
'the Reserve of Notes is larger, being now
3,248,4551. The other alterations are not gene-I
.rally of importance. .
Active Circulation
Increase
Bullion
13,073,758
Increase
Rest
Increase'
%Public DePbsits
Increase
1111 Other Depbsits
Decrease
Seven-DvAnd other Bills 797.546
Inbrease
Government Securities
, No alteration,Other Securities
Increase
Notes unemployed
• Increase
The payments of the "fourth" were made with
Promptituae, land not more than the average
Amount of bills was returned. For accommoda-
tion there was a steady demand yesterday, but to-
`'ay it hurather diminished.
The officiaffeturn of the exports of bullion from
the port :i..)ndon for the week ending Thursday
last is as follows
Gold Cein
Silver Coin
~ Bars ; Hamburg ...118,250 Ozs.
Rulnolik:4 ire current with regard to the pro-
bable early negotiation of a New Turkish Loan,
and although the terms upon which it is to be
taken are mentioned, it is generally laelieved that
the statements made are premature. That
Turkey, as well as France and Russia, will
eventually require pecuniary assistance in
some shape or another is almost certain, but it
is generally supposed that the European money
Markets, although much easier than they have
been, are not yet considered sufficiently favourable
by those powers for such operations. If Turkey
egked for a loan, she would no doubt obtain it
without the slightest difficulty ; but it is thought
that if she waits a short time longer money can be
obtained on more favourable terms than at present.
The statement that the preliminaries for a new
Turkish Loan had been arranged produced a slight
reaction at the close of business yesterday on
the value of English securities, which has
not since been recovered, and the prices
throughout the morning have been rather
heavy. The fact is, the arrangements for the
adjustment of the account, which takes place next
Thursday, are beginning to tell upon the market,
and as many prefer closing their engagements the
prices are drooping. No material decline is ex-
pected, however, and a rally is confidently looked
for by many of the leading dealers. Con,ols have
hien 95a I, again and lastly 95i and for
August 951 and 96k. The New Threes have been
s6i it and the Reduced 951 to 96. Exchequer
Bills are rather lower, viz., 17s. to 20s. premium.
`Theprincipal feature in .the Foreign Market is the
movement in Turkish 6 per Cents., which, owing
to the rumour above, referred to, have been down
to 102 and 103; they have since, however, re-
covered to 1031. The 4 Per Cents. have been
105 i and 1061. Russian 5 per Cents. have been
113, and the 4.. per Cents. 991 100. Dutch 4 per
Cents. are 9E4, and Sardinian 92 92;.
The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds, 71 8 ; Mexi-
can, 22P3-; Peruvian, 80 82 ; ditto 3 per Cents.,
56 8 ; Portuguese 4 per Cents., 49 51 ; Russian 5
per Cents., 411 113 ; ditto 42 per Cents., 98 100 ;
Spanish 3 per. Cents., 462 7 ; ditto New Deferred,
241 5; ditto Cetificates, 62 7; ditto Passive, 617.
Railway Shares have been a shade lower, and a
moderate amount of business has been done. Since
the commencement of business there has been a
Blight improvement; still most of the shares close
rather under the rates current of yesterday. Great
western of Canada and the Paris and Lyons have
declined, as well as most of the foreign undertak-
ing* .11413ras are 3i ; Bengals, A prem. ; and
Euphrates, 7-16 9-16.
There has been an active demand for Ottoman
Bonk Shares, and the price has risen to 31 and 4
Iretn• National Discounts are rather heavy.

Burma FUNDS THIS DAY AT ONK O'CLOCK.

Prom the Official List.

3 per Cont. Reduced Annuities. tin... ........ ~ 96 s•lneoP done.
11. "* 3 per Cent. Annuities . 961 ii i
'Qng Annuities, expire sth Jan. 1860. . —
Ditto 30 Years, expire sth April, 1885 ' 18/
Consols for Amount9si i I
Exchequer Bills, 24d.
MOO .
Ditto Bonds, 1858, 3i per Cent. lOO i
Ditto, 1859
PRICES OF FOREIGN' FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent. lo2i
Russian Rends, 1822, £ St., 5 per Cent ll3 Ditto 4 i
_ 99i 100 x d
per Cent.
Sardinian Bonds, 5 per Cent.
Ditto Account
I'llrkitia Bonds, 6 per cent 924 2
Ditto Account i
Ditto Guaranteed, 4 per Cent.
103 2 34
Ditto Account
10 Si 6}
Divedt 141 on the above navable in London.
botch Exchange, 2} per Cent., 12 Guilders
Ditto
4 per Cent. Certificates

Ci°11%018...

TWO O'CLOCK.
953 3

-
PRO oi
We under,r,„,
M IN THE ADMIRALTY, SOMERSET HOUSE.—
staud that the promotions in the department
priiaciple o
of the accof
untant-general of the navy, in which the
promotion by selection, in use in that de-
department of the Admiralty exclusively, has been car-
ried to an extreme, having caused much excitement among
the gentlemen of the office.— Civil Service Gazette.
°`
and young
TUSSATJD'S EXHIBITION.—A portrait model
ae young King of Portugal has just been completed
Placed in the Royal group. His Majesty is repre-
sented Ina military costume, a blue coat and trousers,
ePlendidly embroidered with gold, and numerous orders
of distinctio
gtire n ; among them is the Golden Fleece. The
is moA life-like, and will long, no doubt, form one
of the attractive models in the splendid group.
d PRESERVATION OF LIFE FROM SMIPWRECIL—Yester-
raY a meeting a the Royal National Life-boat Iristitu-
" was held at its offices, John-street, Adelphi ; Thos.
haPtnani ERq., F.R s, in the chair. There were also
Present A.dmiral Sir T. Herbert, M.P., Admiral Cator,
Vey: ard Hurry, Esq., Capt. M‘HardY,
I°P' R.N., Capt. Perrott, &.c. Mr. Lewis, the secre-
tary..
_miming read the minutes of the previous meeting, a
variety of rewards were granted.
two
CANADIAN BISHOPRICS.—The consent of her
ofoftwo
jestre Government hasten obtained for the erection
vI new
bishoprics in Canada by a sub-division of
,Z 0 Present diocese of Toronto. It was intended that
;,..."Y should bear thismamei of Kingston and London ;
the
has suggested that Westminster and
41.__urternoutn. w4ld‘ he More appropriata, there being
4,713ra see o '3lidOn in England and of Kingston, in