The Sun.
London, England, 1856-08-09 00:00:00

MONEY MARKET

AND

COMMER.CIAL INTELLIGENCE..

CITY, Two o'CLocx.

The Liverpool Cotton Market yesterday closed
quietly, without any alteration in prices from last
Friday. The sales were estimated at 6,000 bales,
including 1,000 on speculation and for export. In
the Railway Share Market there was no alteration
of importance in prices.
From the manufacturing districts the accounts
respecting trade are generally encouraging, busi-
ness having improved in consequence of the fine
weather. At Manchester there is a good inquiry
for the Levant, but for India and China the buyers
operate very cautiously. On American account the
transactions are numerous, and the general con-
dition of business is considered very healthy. The
woollen markets appear rather heavy, in couse-

sequence of the augmented supply of the raw
material, and the comparatively low prices realised
at the public sales in London.
Ad vices from Galatz, and other grain markets
on the Danube, have been received to the 25th
July. Up—to that date the export trade was active,
and the sudden reduction of prices in Western
Europe had had no effect, consequently there were
still large thipments of grain to Marseilles, and
other ports in the Mediterranean. The stocks of
wheat on hand had been considerably reduced, and
speculators were sending off maize and barley in
large quantities. A contract for 35,000 quarters
of barley, for delivery in September, was closed at
the rate of 12s. Gd. to 13s. per quarter. Rye,
after being in demand for shipment to Marseilles,
was heavy at 255. per quarter. Accounts
from the agricultural districts report less
damage to the wheat crops by the recent heavy
rains than was at first supposed ; and it was stated
that the quality of the grain would not suffer in
any degree. The following are the ruling prices
of grain :—Galatz Ist quality wheat, 445. 111 to
475. 10d. per quarter, and 2d ditto from 30s. 2d. to
395. 9d. per ditto. Braila wheat, Ist quality, 445.
11d. to 48s. 2d., and 2d ditto from 31s. 6d. to 40s.
sd. per quarter. Freights were firm at lls. to
11s. Gd. per quarter for England, and the rate of
exchange on London at 941. In consequence of
the recent tempestuous weather in the Black Sea,
the bar at the Salina mouth had only 91 feet water
upon it, but it was soon cleared by the dredging
machine to 10 and 11 feet, and would shortly
reach 111 and 12 feet.
The advices by the steamer Fulton from New
York report increased activity in the Stock Market
there, produced, however, by a disposition to press
sales. The consequence was a retrograde move-
ment in prices, in which Railway Shares as well as
State Stocks participated.

The Bank of England return, completed for the
week ending the 2d inst., shows that the demand
for money had increased, probably in consequence
of the commercial engagements which had as usual
to be met on the " fourth " of the month. The
other items of the balance sheet, excepting Govern-
ment Securities, which were reduced by a million
and a quarter sterling, exhibit scarcely any change
of importance ; but there was a slight increase in
the bullion, and a contrary movement in the reserve
of notes.

Active Circulation
Increase
Bullion

£20,476,440
28,610
12,432,870
44,066
3,364,781
Increase
Publie Deposits
Decrease
MOther Deposits
Decrease
Seven-Day and other Bills 923,865
Increase
Government Securities
Decrease
Other Securities
Increase
Notes unemployed
Decrease
The official return of the exports of bullion from
the port of London for the week ending Thursday
last is as follows :

Increase

Rest

Gold Coin
~ If
7, If
„ Bars ......
1, f,
Silver Coin
Boulogne
Hamburg

... 4,070 Ozs.
160 Ozs.
30 Ozs.
... 272 Ozs.'
3,400 Ozs.
... 1,060 Ozs.
... 1,400 Ozs.
... 800 Ozs.

,I
7,

In the Continental exchanges yesterday after-
noon there was no material alteration, but on
Hamburg there was increased weakness, owing to
remittances thither on account of the new bank
now in course of formation in that city.
A rather large speculative business has been
transacted this morning in the market for English
Securities, but a preponderance of sales has pro-
duced increased weakness. Consols opened at 95f g
for account, and after declining to 95,11, they have
since recovered to the former point. For money
they have been 94Z to 95, and since 95 to 95k.
The New 3 per Cents. are 95Z to 96, and the Re-
duced 95f g. Exchequer Bills have declined to
Bs. and 10s. prem., and the Bonds are nag 0.
The Foreign Market has been very dull. Turk-
ish 6 per Cents. have been steady at 103-k / A.
Russian 5 per Cents. are marked 112, Mexican
22,1 Buenos Ayres 84, Equador New Consoli-
dated 14, and Peruvian Dollar Bonds 60.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 71 ; Mexican,
22a ; Peruvian, 81 2z ; ditto 3 per Cents., 58 9 ;
Portuguese 4 per Cents., 50 51 ; Russian 5 per
Cents., 112 14 ; ditto 41 per Cents., 98 100 ;
Spanish 3 per Cents., 44i 51- ; ditto Deferred,
24 4 ; ditto Certificates, 6 ; ditto Passive, 6i 7.
Railway shares, although rather lower, have
been fairly supported, but the market has been
exceedingly dull. The, foreign have ruled heavy,
and Sambre and Meuse have receded about ss.
Ottoman Bank Shares have further receded in
consequence of the probable formation of a State
Bank in Turkey. Banking shares, generally, have
been steady. Mines dull, and the Miscellaneous
mostly at previous rates.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(Prom qv: Official List.)
Bust:lest done.
3 per Cent. Reduced Annuities,.... 9511
3 per Cent. Consols Annuities 95 4i
New ii per Cent. Annuities
India Stock
Irani, Bonds. xioini
Ditto, under £lOOO l4
Consols ,or Account
Exchequer Bills, Sid.
J..;1000
r5OO 8 13
FTLIMI
Ditto I3onds, 1858, 3i per Cent. ' looi $
Ditto, 1859
PRICES OF FOREIGN FUNDS AT ONII O'CLOCK.
Buenos Ayres Bonds, 6 per Cent.
Equador New Consolidated l4
Ditto Provisional Land Warrant
Mexican 3 per Cent
Ditto Account 22s
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 4 per Cent
Ditto Account 5l
Russian Bonds, 1822, £ St., 5 per Cent.— 112
Turkish Bonds, 6 per cent
Ditto Account lO3B
RI, ea-1. on thp shove on.yablO in larrdor.
French Rentes, 4i per Cent.
Peruvian Dollar Bonds, 42 per Cent.
TWO O'CLOCK.
95 95h
ma 6

Consols, Money
Ditto, Account

CONFIRMATION OF THE LORD BISHOP ELECT OF GLO-
CESTER AND BRISTOL.-The ceremony of confirming the
election of the Rev. Charles Baring, D.D., to the
Bishopric of Glocester and Bristol took place, according
to ancient usage, in Bow Church, before the Vicar-
General fDr. T. Twiss) of the Archbishop of Canter-
iury, on Wednesday last. The election on this occasion
had been made by the Dean and Chapter of the cathedral
church of Bristol, pursuant to the provisions of an order
in Council, which directs that, in the case of an united
see, the election shall be made by the Dean and Chapter
of either cathedral church alternately. The morning
service having been read by the rector, the Registrar of
the Province of Canterbury (Mr. F. Hart Dyke) pro-
ceeded to read her Majesty's letters patent, after which
tLe certificates of the election wore exhibited, and the
election confirmed by the Vicar-General. The Lord
Bishop elect then. took the oaths kneeling, after which
the Vicar-General signed a decree for the Archdeacon
of Canterbury to install the Lord Bishop in the cathe-
dral church of Bristol.

HAMBURG, Friday.—The subscription lists for the
n'aw Bank have closed. Thirty millions of francs were
required, but 1,200 millions were proposed iu subscrip-
ion within a few hours.