The Sun.
London, England, 1856-07-17 00:00:00

MONEY DI Ait K. sl'

COMMERCIAL INTELLIGENCE.

CITY, Two
The Liverpool Cotton Market yesterday closed
heavily, but with more steadiness ; compared with
Friday's rates, prices of all kinds were unchanged.
The sales were estimated at 6,000 bales, including
780 Pernam and Maranham, at 6 1. to 61d. ; 50
Bahia, 61d. to 61d. ; 100 Egyptian, 61d. to Bd. ;
600 Surat, 40. to 50. ; and 80 Sea Islands, llid.
to 13d. per lb. The Railway Share Market was
not quite so firm as on Tuesday, there being a
alight fall in prices.
The public sales of colonial wool commence this
evening, and it is expected that about 70,000 to
80,000 bales will be offered during the series.
The advises from New York state that the mar-
ket for speculative securities was iu a very unset-
tled condition at the latest date, and it was gene-
rally considered probable that prices would recede
since a disposition was manifested by the operators
to realise their profits after the recent improve-
ment.

The Cotton Market was firm but quiet. Bread-
stuffs were fully supported, and the demand for
flour for shipment to Europe had increased.
The Australian accounts brought by the Earl of
Sefton, which arrived yesterday, are generally con-
sidered favourable. Gold had receded to 76s 6d.
per cz. In New South Wales, also, trade appears
to have improved.
The half-yearly meeting of the London Joint
Stock Bank has also been held to-day, at which the
report was presented, showing the net profits for
the half year to have been 92,5861. 18s. 6d., from
which the directors made a dividend at the rate of
124 per cent. per annum, with a bonus of 10s. per
share, leaving a surplus of 25,0861. to be carried
forward to next account. The report was well re-
ceived, and thanks were voted to the directors.
The Bank of England directors at their meeting
to-day have made no change in the official charge
for discount accommodation ; but, although the
minimum is still 4y per cent., the rates iu Lom-
bard-street continue at 4 per cent., or a fraction
lower. At the present quotations the Continental
exchanges are firm, and if further remittances of
gold from Australia should arrive, and the exports
of gold to Paris, ac., diminish, the authorities in
Threadneddle-street will, no doubt, speedily an-
nounce a reduction of a half per cent. Yesterday
the receipts of specie were large, viz., as follows :
Per Earl of Sefton. Melbourne..... £240.000
FianciNllenty Portland Bay 428,000
Atlant;c V New York 183,000

Tatar

£851,000

This total is very considerable, and at the pre-
set t moment cannot fail to produce a beneficial
113 flue, ce on the general condition of the money
market.

The Funds have improved to-day, but there is
still an absence of animation. The return of
favourable weather, and the large arrivals of specie
more than a milflion sterling having been received
this week-have naturk.lly imparted a firmer
tGne to the market. Consols for money have been
to 951, and for account 95 and since
904 96. The Ne w 3 per Cents. are 961 4, and the
educed 95'4 to .064. Exchequer Bills have risen
to 20s. and 245. prem., and the Bonds to 1001.
India Stock is
Foreign Securit ics are dull, but firmer. Turkish
6 per Cents, have risen to 104 and 1011, and the
4 per Cents. to 10,6 and 1061. Spanish Threes are
; the New .Deferred 234 ; the Passive 61 ;
and the Certifica+-..as 6. Russian Fives have been
111 i, and Sardini an 921. Mexican Stock is higher,
viz., 234 I.
The following a re the nominal prices of Foreign
Stocks :-Grenada Deferred Bonds, 74 ; Mexi-
can, 234 Peruvi: in, 81 3 ; ditto 3 per Cents, 57 9 ;
Portuguese 4 iSae Cents., 49 51 ; Russian 5
per Cents., 111 1.3 ; ditto 4-k per Cents., 98 100 ;
Spanish 3 per Cents., 4i14 4i ; ditto Deferred, 23 4;
ditto Certificates, 5-& 64- ; ditto Passive, 6i 7.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
18.N6. 1855.
treat Western
4Noith•Western
South-Western
Brighten 16,514 15,392
Midland
South-Ea2tern 21,908 21.809
Caledonian
Great Northern....... 20.295 19,491
Lancashire and Yorkshire,-..... 25,324 22,317
Bristol and Exeter 6,858 6,492
Chester and olyhead 6,773 6,140
London G enH Omnibus Comp any 10,648
Manchester, Sheffield, and Lincoln 9,301 8,698
'orth Stafford
Oxford Worcester, and Volverh. 3,797 3,774
Waterford and Lin-meek 1,193 1,035
Relfa Y
t and Ball rne 1.005 878
Aberdeen and Scot; a h
Nrcl'iand . 3,641 3,477
Edinburgh and Gbi 5,455 4,944
Giaß
Grand
and Sout),-Western 6,754 6.928
a" iroA of Canada
Great
Western of Canada....-
The I:tailway Market has been fluctuating, but
at pre,
wait the quotations area higher. A moderate
amor Cut of business has been done, and Lancashire
and Yorkshire and Great Northern have been in
de. 'hand. The Riga Shares are heavy, owing to a
mitinua.nee cf unfavourable rumours regarding
the concession and the Iva-ante°. Bengals are
premium, Calcutta 41, Euphrates 4, Colonial
Shares generally rule firm.
Banking Shares have advanced ; but Mines and
Miscellaneous descriptions are quiet, at previous
rates,

p.u,:n, One. 1
11`'ulc Steak
Reduced ..kuunitieb... . ........ 95k 6i 6 k
3 !.er Oent. Consols annuities 950 4 i
N" •-` per • 'eta. Annuities
New 3i per Cent. Annuities
New 2i per Cent. Annuities 791
Lon Annuities, expire stb Jan. 1860... 3 5.16 a
Ditto 3 t Years, expire 10th Oct , 1859 3i
Ditto 30 Years, expire sth April, 1385 lBl
India Stook
C.,,eois for Account
Consol Scrip 4l p
Exchequer Bills, 20-
)31000
£SOO
small
Ditto Bonds, 8858, 34 per Cent. lOll 1
_ __ .

Ditto, 1859 - - - ' 1001 1
PRICES OF FOREIGN FUNDS THIS DAY.
Mexican 3 par Cent 23 1
Ditto Account 231 1 I
Russian Bonds, 1822, £ St., 5 per Cent lll. 121
Sardinian Bonds, 5 per Cent.
Ditto Account
Sp i is, Bowls, 3 per Cent 44
Ditto Account
Ditto Few Deferred, 3 per Cent.
Ditto Account '
Ditto Passive 6l
N3allish Committee Cert. of Coup. wit fun 6
Tarkisth Bonds, 6 per cent —
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account
'Venezuela Bonds, 4/ per Cent
Ditto Account 3l
n. i. en , on the shove payable in London.
French Rentes, 41 per Cent. .
Ditto 3 per Cent.

72f ea 25f Zia
THREE O'CLOCK.
95a
...... 95i Ga d

ConKols ••••
Ditto Account (A.Tz. 7)

IVIEETING OF THE CITY BANK.

(This Day.)

BRITISH FUNDS THIS DAY.—CLOSING PRICES. I lon.
f grom, 004.-ial Lit,

The first ordinary general meeting of the shareholders 40
of the City Bank was held to-day, at the London 'raver'', r 5
Bishopsgate-street ; Sir R. Carden, the Chairman of the 20
Board of Directors, in the chair. The report was ex-
ceedingly favourable. New shares bad been issued to ig°o
the extent
increasing
extentofl,soo shares, at a premium of Si. per share, 100
the subscribed capital to 450,0001. After 20
transferring 10,000/. to the " Reserved Fund," allowing 20
1,000/, on account of the building, paying off the entire 20
amount of the preliminary expen3e3 (3,1181. 17s. 50
11), and making all other necessary alto ances, 1600 C
the directors are enabled to pronose a dividend, after the 100
rate Of SZ. per cent, per annum, free of income tax, and 104-,
carry forward 2,367/. is. 6d. to the " Profit and
"20
"8" new account. Since the Gth of August (the t 50
opening of the bank) 14,827/ 103. GI, has been paid for 20
interest on current and deposit accounts. The report
was unani rnously adopted, the dividend declared, and 20
votes of thanks passed to the chairman and directors, UN
and tn. avir. White, the manager. 10

THE RECENT STEAM-BOAT COLLISION ON THE 25
ziERSET. —A.o.thpr of the uaortu• ate suff rers from 2f.
the recen, t coliiyion between the Excel4or and the Mail
steam-bol is died, yesterday, in the Liverpool Northern
la