The Sun.
London, England, 1856-11-06 00:00:00

1110 N E YMARKET

I~D

COWIERCI_A-L INTELLICIENCL,

CITY, Two o'CLooN

The Liverpool Cotton Market yesterday was
very dull, and prices of American wore d. per lb.
lower. The sales amounted to 7,000 bales, 1,500
for export. The Railway Share Market was buoy-
ant, and prices of some of the leading stocks ad-
vanced.

Further accounts to the 31 inst., from Berlin re-
. lative to the construction of international railways
between Prussia and Russia, announce the arrival
of the Russian General Smolikowski to treat upon
the subject. The General has been received by the
King and the Minister of Commerce, and has had
conferences daily with the director-general of pub-
lic works. Count Adlerberg, military plenipoten-
tiary of Russia at Berlin, it is said, has been also
concerned in this question. The first line proposed
will be a branch of the Prussian Eastern Railway
to the St. Petersburg and Warsaw line.
During the last few days some very discouraging
but entirely unfounded rumours have been circu-
lated affecting the credit of commercial firms, and
otherwise tending to create mistrust. The public,
however, should be cautioned to turn a'deaf ear to
these absurdities, which, from the apparent since-
rity with widch they are uttered, combined with
the well-known sensitiveness of the money market,
are likely to excite attention. Latterly there have
been expectations that the tendency in the position
of monetary affairs was towards improvement, and
because during the last few days no intelligence of
an authentic character has transpired alarmists
and others have wilfully promulgated their extreme
ideas, and have not hesitated to spread pernicious
statements, which, although preposterous, are, in
braes like the present, sure to be made the most of
by the speculative community. Yesterday after-
noon all kinds of rumours were current, but most
of them are so extremely absurd that they do not
require special comment. One of these canards
might have been excessively injurious to commer-
cial credit, but it met a flat contradiction in all
quarters, and is proved to be without the slightest
foundation.

The Bank directors have been two hours in de-
liberation, and have just adjourned. No alteration
in the discount terms has been resolved upon.
Amongst the numerous companies. which have
come into existence since the passing of the
Limited Liability Act, it is a matter of im-
portance to the capitalist to invest in those
Which have for their purpose the development
of British resources in preference to foreign un-
dertakings, not only as regards the question
in a patriotic sense, but as it affords him greater
security for his investment, and control over the
management of the company. Of these home in-
vestments, few exhibit a more promising aspect
than the National Guaranteed Manure Company,
which has for its object the supplying of manures
to the agricultural community, composed of
organic and inorganic substances, which they shall
guarantee to contain a certain percentage of nitro-
gen, ammonia, and other elements of fertilisation,
essential to the growth of crops. At present the
richest manures are imported from foreign
countries at a large cost, when it is well
known that our own country abounds with
animal matter of equal richness, and thus the re-
sources of the country are in this matter neglected.
The company declare their intention of remedying
this evil, by introducing scientific appliances
to refine the crude manures, so as to be-
come equal to the richest that are im-
ported. For this purpose the company
have already made arrangements with two
other manure companies, one in London and one
in the North of England,' to secure their co-opera-
tion and experience in the matter, by purchasing
their interests. A large portion of the shares
are already subscribed for, and we can recommend
this as an advantageous investment. The capital
is 100,000 Lin 50,000 shares of 2/. each. Deposit
10s.. per share.

The English Funds yesterday afternoon were
depressed, in consequence of unfavourable reports
Mind the closing a large Ball account. This morning
Were has been more firmness, and a moderate
business has been done at about the quotations cur-
rent at the offieial close yesterday. The account
has passed off satisfactorily, and the tone of the
market has been firm. Since one o'clock the
prices have been affected by the suspense experienced
during the sitting of the Bank of England Directors.
Consols for money have been 82l and 92,3.. For
account, December 4, they have been 93 93i, and
93 to 1. At present they are 92 L and 931 I- re-
spectively. The New Threes have been 92 to 924,
and the Reduced 91 Bank Stock is 214.
Exchequer Bills are 2s. discount to 2s. premium.
Foreign Stocks are dull and rather flat. Turkish
6 per Cents. have been 90Z ;, and the 4 per Cents.
have declined to 1001 Spanish are firmer, the
Threes being 42 to 42k, the Deferred 23'1. Sar-
dinian have been 894 and Mexican 22.
The following are the nominal prices of Foreign
Ettooks :-Grenada Deferred Bonds, 6•;'T 71 ; Mexi-
can, 211 22 ; Peruvian 4A per Cents., 76 8 ; ditto
3 per Cents., 54 6 ; Portuguese 3 per Cents.,
43 ; Russian 5 per Cents., 106 8 ; ditto 4 per
Cents., 95 7 ; Spanish 3 per Cents., 41:1 42 ; ditto
Deferred, 23/ 24; ditto Certificates, 51 i; ditto
Passive, 6 -L
An active business has been done in Railway
Shares this morning. Prices have, however, ex-
hibited a decided decline upon the closing rates of
yesterday. Caledonian, Edinburgh, Perth and
Dundee, Great Northern, North British, North-
Eastern Berwick, and South-Eastern declinedfully
to la percent., and Lancashire and Yorkshire North-
Western, and Midland about 1 to 1/ per cent.
The Foreign and Colonial lines have also been fairly
dealt in at lower quotations. Great Trunk of
.9_anada, Great Western of Canada, Lombardo-
Venetian, and Paris and Lyons receded to per
Cent
The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
Great Western 1856. 1855.
................. £28,110 £24,095
North-Western
South-Western ...............
Brighton
......... 15 598 12,673
Midland
worth-Eastern .... -
Caledonian ... 19,840 19,208
Great Norther; .
12,
61471 11,256
Lancashire and
Bristol and Exeter..... 6 332 6,243
Chester and head
Lancaster and Carlisl
e
Manchester *Shinnibua C"nPa"Y
1"39
North-Eastern
Sheffield and Lincoln 10,014 9,404
North London
.........
North Stafford
2,182 1,892
UPelfast and Ball
Ulster . ymena
Glasgow d S
1,535 1,608
an South-Wegt 6,646 6,037
Edinburgh an ' G ern'
5,719 5.112
Great Western of Ca ada ............... 15925 13,035
Grand Trunk of Cana,ndl.
In Joint. Stock Bank
shares the business re-
ported has not been exte
or two instances have imnsive, but prices in one
roved. English, Scot-
tish, and Australian imprpo
Chartered of Australia 10s ved and London
declined 10s. • Union of Australia

There has been very little business done in MA-
eellaneous shares. Australian Agricultural are
to 11. 10s., and Canada bandby 3/.
lower by 11.
Royal Mail Steam were 65i.

AA' (Y6LOUIK.
R%T.Titill FUNDS THIS DAY
(From the Official List.)

sank Stock
Spor cent. Reduced Annuities 9lll ti
per Cont. Consols Annuities s•2o 4 a
924 2 i
New 3 per Cent. Annuities
•
Long Annuities, expire sth Jan. 1860 2 13-16
93,1 i 3 '
ConsolsAcconnt, Dec. 4
Exchequer Bills„ Dec.
£lOOO ........... - 2 d 2 p
2600 2 p 2 d
5tia11......... ..... 2 p 2 d
...
•
:Ditto Bonds, 185 n.. , 34 per Cent. 9Si
?VICES OF FOREIGN FIJNDS AT ONE 4:YCL°C'Tc•
bitexican 3 per Cent .......
Ditto Account .
.......: .. . - Russian Bonds, 1822, 2 St.,. 5
per. Cent —
Ditto 44 per Cent
Sardinian Bon4E, 5 per Cant. . ...........
Ditto Account ................... ......
Srl,":3:t Bmids. 3 per Cent ... . .............
Ditto NOW Deferred., 3 ptr Cent.
Turkinh bonds, fi per cent
Ditto Account
'Ditto G
90.1 xi
uaranteed, 4 per Cent..,,
Ditto Account
................ .-
Dividenti on the abore piyab!e in Loneon.

Console (Loney)
Ditto (Account) December

TWO O'CLOCK.
94
.......

urreat exertions are making to get ready the Simla to
e°ll"3' Out the Australian mails on the 12th inst. She
into be commanded by Captain Cooper, one of the most
is one commanders in the steam navy, The Simla
_°ll6 of the fastest screw rt(,atacra afloat, having made
4'900 the passage from Malta t.) Portsmouth, a dietanco of
nailee, in about a week. It is expected that she
tonll, take out a very heavy mail*