The Sun.
London, England, 1856-07-19 00:00:00

MONEY, MIARKET

.i~~ ~ ,

COMMERCIAL INTELT.TGENCY.

CITY, Two o'CLocit.
The Liverpool Cotton Market yesterday closed
buoyant, and prices of all kinds were much the
same as previously. The sales were estimated at
8,000 bales. The Railway Share Market closed
firmly, without any material change in prices.
Accounts from Alexandria to the Bth instant
state that the Bank of Egypt, formed in London,
are about to commence operations. The Circular
issued by them to the mercantile community men-
tions that they possess no special privilege which
would be contrary to the treaty. It is also said
that a new company has started to solicit a conces-
sion for towing vessels on the Nile. The Commis-
sion of Consuls-General charged with preparing
the code of regulations for the mixed tribunal on
commercial affairs in Egypt have already met
many times. The work before them presents many
difaculties, but the consul& body is able to over-
come them. The matters pending between that
tribunal and the Government had there terminated

satisfactorily before the departure of the President,
who had left for Europe. Mr. Bruce, the English
. Consul-general, gets the credit of this, as it was a
question which his predecessor, Mr. Murray, had
solicited without success from the Government
during the viceroyalty of Abbas Pacha.
The suspension of Messrs. Marzetti and Sons,
merchants and underwriters, was announced yes-
terday, and the event is much regretted, since the
firm occupied a good position and had very exten-
sive connections. Nothing definite is yet known
with regard to the liabilities or assets, but it is pre-
sumed that a good dividend will be realised.
The Bank of England return, completed for the
week ending the 12th inst., is exceedingly unfa-
vourable, and has therefore excited considerable
attention. In the bullion there is a material falling
off, and the next statement is likely to show a fur-
ther diminution, since it is now ascertained that
the whole of the gold brought by the Fran-
cis Hardy and the Earl of Sefton has been
purchased for remittance to the continent. Many
of the alterations are produced by causes which
usually occur, however, at this period of the year,
such as the payment of the dividends, and the in-
creased demand for gold for agricultural purposes.
It is evident that the Government has been com-
pelled to raise money on deficiency bills to pay the
Consols and other securities. The return is con-
sidered very unsatisfactory, but many of the re-
sults it exhibits were fully anticipated.
fictive Circulation
Increase
Bullion 12,378,329
Decrease
Rest
Increase
Public Deposits
Decrease
Other Deposits
Increase
Seven-Day and other Bills 876,690
Increase
Government Securities
Increase
Other Securities
Decrease
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

Gold Coin
11 ...... Hamburg ... 500 Ozs.
PP ~
3P If
_ll Bars
Silver Coin Hamburg ...118,000 Ozs.
Belgium ... 25,440 Ozs.
33,
)1 ~
~ Bars
The directors of the Riga and Dunaburg Rail-
toy Company, in order to caution the public not
place credence in the statements recently pub-
lished with regard to the guarantee, have published
a circular, which contains the following :
"It is not the province of the Directors to point out
the probable motives for these reports. Their duty to
their shareholders is simply to state the facts as to the
guarantee, which are shortly as follows :—The imperial
decree, of the 18th May, 1853, guarantees the payment
V interest at 4 per cent. on the capital—not exceeding
42 millions s. roubles, of the company, with an additional
Per cent. for a sinking fund. This decree requires no
farther
confirmation from the Russian government, and
it
h4°.,,rnas the basis of the convention lately concluded with
t
CO Riga Exchange Committee. This convention states
e capital of the company at 12 millions of s. roubles,
Zsad confers on the company all the privileges granted
by the imperial decree. It has been approved and
bled by the imperial commission specially appointed
the Russian Government to carry out the decree
t't the 18th May, 1853, and the original convention
ItB well as an official copy of the imperial decree
a.pe
in the possession of the directors. The e
documents have been inspected by several per
serawell qualified to judge of their effect, who have
~
-'l3ressed their entire satisfaction with the position and
!lights of the company. The directors have just learned
'a a telegraphic despatch flom Riga, dated yesterday,
t e arrival there of the engineering staff, which, as sta-
ted in their last announcement, has been despatched to
a'l3lille the plans and estimates prepared by the Riga
Exchange Committee."
The Funds have been remarkably steady this
Corning, considering the unfavourable Bank re-
n and the paucity of dealing. Consols have
beenT 951 for money, and 95i for account.
26Le Scrip is 6f premium. Exchequer Bills are
to 23 premium, and the Bonds are 100 - .
The New Threes are 961 I, and the Reduced 95A
to 96.
In the Foreign Market a considerable business
LIU been done in Guatemala and Venezuela Bonds,
With
.th regard to which very good. intelligence, it is
believed, has been received from the respective
r?1:111blics. Guatemala have risen to 50 and 60, and
Venezuela 31 to 32 for the Active, and 13 to 16 for
the Deferred. Peruvian 41 par Cents. have been
?1. I, the Threes 57, Grenada New Active 19, and
'he Deferred 74. Buenos Ayres have been marked
Turkish 4.
have ruled firm, the 6 per Cents.
being 1041 it, and the 4 per Cents. 1064. Russian
q't per Cents. have risen to 98i to 99.
The steamer Tyne, which arrived yesterday from
the West Indies and the Pacific, brought a volu-
inons statement with regard to the debt of
Guatemala, containing the terms upon which the
Government of that Republic is willing to effect an
arrangement of the foreign debt. They will re-
"gnise 54,4331. of the capital of the debt, and
arrears of interest to the extent of 45,5671., so
that the capital of the debt is 100,0001. This
ainount is to bear interest at the rate of 5 per cent.
Per annum, for which bonds will be issued under
the denomination of the Bonds of the British Con-
aolidated Debt of Guatemala.

The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds, 7i4 ; Mexi-
can, 221 1; Peruvian, 81 3 ; ditto 3 per Cents, 57 9 ;
Portuguese 4 per Cents., 49 51 ; Russian 5
Per Cents., 111 13 ; ditto 4i per Cents., 98 100 ;
Spanish 3 per Cents., 44 45 ; ditto New Deferred,
23 4; ditto Certificates, 61 ; ditto Passive, 61. 7.
Railway shares are all rather firmer, but the
business done has not been extensive as regards
the English lines. Foreign have also been quiet
d steady. Bengals are prem, Ceylons
km., Euphrates Calcutta -a, New Brunswick
1 pm. Great Western of Canada are low er.
In Mines, Banks, and Miscellaneous there is no
change of importance.

EItITISH FUNDS THIS DAY AT ONE O'CLOCK.

(From the Of.cial List. )

i3nones. done.
,3 per Cent. Reduced Annuities. .
%,),,,Per Cent. Consols Annuities 95i i
....New 3 Per Cent. Annuities
'4l°9g Annuities, expire sth Jan. 1860... 3 5-16
Ditto 30 Years, expire sth Jan., 1860 34
C°49418 for Account
%onset Scrip 4/
Exchee p
qu r Bills, 24d.
20 23 p
1-4300 .......... .....
DiB24lsoeal°l 2200 2234 pp
Bonds, 1858, 100 A Ditto, 1859 ii. per Cent
1003
PRICES OF FOREIGN FUNDS AT ONE O'l
CLO(' K
Buenos Ayres Bonds, 6 per Cent.
Ditto Account
Ctrenada New Active, 2/ per Cent.
a
....Ditto Deferred 7l
exican 3 Ditto A coo Cent —
23
Ditto Account
_ Account
Peruvian Bonds 44 per Cent
_ Ditto
R
per Cent
Ditto ussian Bonds, 1822, £ St., 5 per Cent —
Ditto Small4r
Cont..
98
8%1.n4 o A:conue Per
uan
...owls 5 Cent.
92i
813"ith Bolide 3 per Cent
Ditto New Deferred, 3
104er Cent.
Tarkieh Bonds, 6 per cent 23i
Ditto Account
1061
Venezuela Bonds, 44 per Cent
Ditto Account
Ditto Deferred 314 1 2
,10 Cent.
Dividends on theer
above Nayable in 1,,,nfi0 14
r
TWO O'CLOCK.

Consols

bitto Account
»•95i if