The Sun.
London, England, 1856-11-15 00:00:00

ZION E Y MARKET

CIOtiIiVELP.!;;IAL

----

.i Wi..

The Liverpool Cotton Market yesterday closed
quietly but steadily, without much animation.
The sales were estimated at 6,000 bales, 500 of
which were taken by the exporters, and 500 by
the speculators. The Railway Share Market ex-
hibited a firm appearance, closing at a slight ad-
vance on th, opening rates.
The Royal Mail steam ship La Plata, with the
West India and Pacitic mails, arrived last night at
Southampton, with specie on freight amounting to
$786,000. By this vessel news from Melbourne to
the 15th August are to hand, stating that the
James Baines sailed for Liverpool on the 6r•h of
August. The wet season was nearly over, and
trade was beginning to improve. The balance of
exports from the port of Melbourne over imports
for the half-year ended 26th July, was 1,254,0701.
Notwithstanding the heavy rains, which had mate-
rially interfered with the diggers, the mines con-
tinue to yield beyond the usual average of gold, and
the quartz mining operations are reported to have
become exceedingly successful. The est iblishment
of telegraphic lines throughout the entire colonies
is attracting considerable atrention. The Argus
thus comments upan the scheme :—" It appears
that this Australian line is not to end at Sydney.
It is in reality intended to form pert of a gigantic
scheme now in progress, which will in a few years
connect the northern with the southern hemisphere.
The line from Europe is already in progress, and
at the same time lines have been laid in India to
the extent of 2,000 miles. These lines are expected
to reach Singapore, and from thence the electric
wire and cable will be carried through the Eastern
Archipelago to the northern coast of Australia,
and will then meet the line from Sydney."
The Bank of England Return, for the week
ending the Bth inst., is far more satisfactory than
most persons predicted ; and as that of the Bank
of France, published yesterday, is also considered
lees discouraging, there is increased confidence in
the prospects of the Money Market. As the Direc-
tors found it necessary on Thursday last to alter
the minimum rate of discount, it was expected that
the reserve of notes would again show a material
decline ; but, on the contrary, there is an
increase, the total being now upwards of three
millions sterling. The bullion, in consequence of few
withdrawals on account of the continent, and the
absence of large arrivals from Australia, cisc., has
slightly diminished. The "other securities" have
materially declined, but the private deposits have
further diminished. The next return will proba
bly be unfavourable, as it will indicate the changes
which induced the directors to make a further
application of the "screw." The alterations will
be seen by the subjoined table :
Active Circulation
Decrease
Bullion
Decrease

£2O, 239.370
297,035
9,530,152
Rest
3,287.423
Increase
Public Deposits
Decrease
Other Deposits
Decrease
Seven-Day and other Bills 909,844
Decrease
37,099
Government Securities
Decrease
145,162
Other Securities
Decrease
427.018
Notes unemployed
Increase
206,770
The official return of the exports of bullion from
the port of London for the week ending Thursday
last is as follows :

Gold Coin
„ „ ... .
„ Bars
90
Silver Coin
„
„ Bars
The market for Public Securities has been com-
paratively buoyant, but the dealings are very
limited. A more cheerful feeling has been pro-
duced by the returns of the Banks of England
and France, and the public evince an increased
disposition to effect purchases. Consols for money
have been 921 and for account 93 to 93a.
There have been a few unimportant varia-
tions, but the market has been generally firm at
these rates. The New 3 per Cents, have been
91i Ito 92, the Reduced 91i to Exchequer
Bills 3s. discount to par, the Bonds 98, and India
Bonds 2s. discount to is. premium. Bank Stock
is arm at 217. •
Foreign Stocks have been dull, but generally
arm. Turkish 6 per Cents. have been 90a
and
the 4 per Cents. 1001 Spanish 3 per Cents.
have ruled steady at 411. Portuguese 3 per Cents.
at 43k, and Peruvian 3 per Cents, at 55. Mexican
Stock is higher, being 21l 22. Dutch 2i per Cents.
are 641, 'and the 4 per Cents. 96.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, WI 71 ; Mexi-
can, 21i 2 ; Peruvian 41 per Cents., 76 8 ; ditto
3 per Cents., 54 6 Portuguese 3 ,
43 5 ; Russian 5 per Cents., 106 8 ; ditto 4A p per Centse'r
Cents., 95 7 ; Spanish 3 per Cents., 411 ; ditto
Deferred, 22j 3 ; ditto Certificates, 5 Y ; ditto
Passive, 5, 61.
A fair amount of business has been transacted in
Railway Shares, and an improvement of fully to
1 per cent. may be quoted on the shares of the
principal lines. Caledonian, Great Northern,
Great Western, North Western, South Western,
Midland, and South Eastern, are all at higher
values. Grand Trunk of Canada have shown an
improvement of about 55., and Sambre and Menge
ss. Madras declined ss. The other lines are at
steady rates.
J9i,gt-Stock Bank Shares are inactive at about
previous prices.
Miscellaneous Shares have shown a slight im-
provement. Canada Government 6 per Cents.
are 113, and Royal Mail Steam 67.

BRITISH FUNDS THIS DAY a T cis. ,• ows,k.
(From the Offietal List.)
.11 -
Bank Stock ,Le don,
217
3 per Vent. Reduced Anl:uitie
8 per Cent (loneols lunuitiee t. 2i 4
New 1 per 'ent. Annuitie 4
Long Annuities, expire 56 •Tan. 1860...
Ditto 30 Years, expire sth April, 'BB5 l7l
}lords ....... .......
Ditto, under .£lOOO 3 p 2 d
Consols for Account 9311 3
Exchequer Rllle,
5690 „.£lOOO ............ ......
......
Ditto Ponds, .......
'PIMPS OF FOREIGNr
Fusps- ...........8
....
crof
Brazilian Bonds, 5 per C.en.t. .
Mexican 3 per ( ent -04
Ditto Account
Pernvia,, Bowls 4+ per Ceni
Ditto 3 per Cent.
............. 55
Portuguese Bonds, 5 per .
Cent.i Con. 1841
Ditto 1853, 3 per Cent .............
Spani,h 'lona, 3 per Cent................
......
Ditto Account
41
Turkish Bonds, 6 per cent
Ditto A Haunt
Ditto Guaranteed, 4 per Cent.
Ditto AccouLt. .. . -
11)t mends on the above avaht. In T.,.
Dutch Exe.aange 2} per Cen.;., 12 Guilders 61i
• Ditto 4. per Cent. Certifteates