The Sun.
London, England, 1856-11-25 00:00:00

0N EY MARKET

..~..

COY , .. •
j • 4,, • •
,xxig 17/
ti;„

CITY, Two o'CLoo,
The Liverpool Cotton Market yesterday closed
heavily, and, compared with Friday's rates, prices
of all kinds were unchanged. The sales were
6,000 bales. The Railway Share Market was
ateady, at an advance on Saturdly's currency.
In consequence of the boisterous state of the
weather last night the foreign mails have been
detained. As the monetary crisis on the continent
now appears to be subsiding the letters daily re-
ceived are perused with additional interest. Those
to hand yesterday continued to represent the posi-
tion of the French money market as having im-
proved, and the opinion is entertained in many
quarters that some of the recent restrictionsimposed
by the Bank will soon be removed. Confidence is
increasing, the pressure for money is less severe,
and investments in the Rentee are made with
freedom.. The commercial interest are more
sanguine, although trade continues quiet.
From the other parts of the continent the ad-
Tien are also encouraging, but the speculation
in silver continues, and large quantities of that
metal are arriving here. The Bank of Frankfort
have lowered the rate of discount from 6 to 5 per
cent., but at Hamburg the quotation has advanced.
The private accounts from most of the German
markets mention that the increased ease was soon
likely to influence the official terms of accommoda-
tion.

With regard to the Money Market here favour-
able symptoms are still apparent. There is de-
cidedly less inquiry for discounts, and first class
bills are negotiated under the Bank minimum.
Gold continues to be sent into the national
establishment, and this circumstance, of course,
tends to increase confidence. As the 4th
of next month approaches,. however, there will,
no doubt, be a greater demand, and if the pay-
ment of the engagements then falling due, and the
settlement of the accounts at the Stock Enchange,
do not occasion renewed stringency, there is rea-
son to believe that the Directors will speedily
modify their recent restrictive policy.
Of the 350,0001. in Australian gold expected at
the Bank of England yesterday, only about
180,0001. or 200,0001. were received. The re-
mainder, however, with a further amount estimated
at 100,0001., will probably be delivered to-day.
The enquiry for money on the Stock-Exchange
has been very fluctuating. On Friday 7 and 7i
per cent. were paid for loans on Consols until to-
day, and some difficuly was felt in procuring them
at these rates ; but on Saturday the supply of capi-
tal sensibly increased, and employment could not
be found for it, even on much easier terms. Today
there is a recurrence of the pressure, and accom-
modation is sought for at 7 per cent. This cir-
cumstance, together with several others of minor
importance, has produced a little weakness in the
C. 15801 Market. A few sales have been made, and
the flatness of the Rentes yesterday has also contii-
buted to check the buoyancy previously noticeable,
and a decline of per cent. has taken place.
Consols for money have been sold, and prices have
receded to 93k 94, but they are now 94 to 94i, and
the Present quotation for the next account is 94i I.
For January they have been 95 to 95k, and 94i
95. The New Three per Cents. are 93 the Reduced 924 931. Exchequer Bills and
are
2s. to 4s. premium ; the Bonds 98i
99 ; and
India Bonds 2s. prem. Bank Stock is 2151, and
India Stock 225.
The Foreign Market is dull. Turkish 6 pr
Cents. have been 93
are
firm but the 4 per Cents.
are
firm at 101. Spanish Deferred have been dealt in
at 23i. Dutch 4 per Cents. 96i, Russian 4i per
Cents. 951 96, and Mexican 22i.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6i 7 ; Mexi-
can, 22t 4; Peruvian 41 per Cents., 77 8 ; ditto
3 per Cents., 55 6 ; Portuguese 3 per Cents.,
4...4 6 ; Russian 5 per Cents., 106 8 ; ditto 41 per %lents., 94 6; Spanish 3 per Cents., 411 2f ,ditto
Deferred, 23if i; ditto Certificates, 6 ; ditto
assive, 6i.
The Railway Share Market this morning has
been dull, and a downward t d'iesticy in prices to
the extent of about per cenent.
tit of the in
principal lines. Chester perceptibleand Holyhead,
t Anglian Edinburgh, Perth, and Dundee,
about
teat
,rutWest4n, North Western, Midland, were
ss. lower • Bri hton, nucashire atid York-
°Lure) Norfolk and Soguth(jEasm tlern, however, were
steady.
The Geelon an e bourne declined 55.,
ruledhe Canadian about ss. The French lines
.steady.
. Joint Stook Bank Shares have. exhibited a slight
allandPrueVneilto,,ellot)
.Bank of. Australasia, Ottoman Bank,
rates. —of '
Australia being at rather enhanced
Miscllaneons Shares there is little alteration
to notice, very few dealings being reported.
8

___________
Iti'l %Et FUNDS l'Hisi DAY AT ON - T.YCLO('K.
(From the Official List.)
3 don,
!Lank Stock .......................... ..5 '
p.eren
ct. iteduceo. Anuuitiee. .... . .. .. .
...... ... 215 I''
.. 93 k 21k
3 per Cent consois Anne Rleh .......... ~..• kk434 41
4,, 1 per . 'ent A.TllillitiEth a 4
.. .. ........... .. 934 0 I
Ifew 24 per Cent. Annuities ............. 77i
Long Annuities, expire sth Jan. 1860... . ..... Ditto 30 Years, expire sth A
India Stock pril, 1885... 171 18
India Bonds,.
.4:1 of !I ..
~............................ .225 ......
Ditto, under £lOOO ....
....................... 2
............. ...
Consols tor Account. ... 3 p
..... ....................... 94 1 i i
Exchequer ;Mlle, 24d.
2100, ......... ........
%will ........... 5 4 p
•... . .... 4 5 2 p
Ditto, 1859
Ditto Bonds, 1858, 34 per Cent.
984 9
I'iLICFS OF FOREIGN FUNDS AT ONE o'ol,o, 't•: .
Brazilian Bonds, 5 per Cent. —
itto Small .
100 i
ditto
3 per Cent
Russiantto Account ..... ..
Bonds, 1822, E, St., 5 per •
Cent —
Ditto 44 per Cent. ..... .
BPuilth 1i0...da, 3 per Cent ... ..........
bitto New Deferred, 3 per Cent • 234
Tu ieh Bonds, 6 par cent ... . ...... .
'Ditto Account ...... . perCent......,...,, 94 3
Ditto uaranteed, 4 —
Ditto A Gccount
the abtvr ,levahlt. in I.cr 101
Dutch EDixetv ange, ,1
per Cent., 12 Guilders
Ditto 4 per Cent. Certificates ......... .... 961
Consols
TWO O'CLOCK.
Ditto Accounty)
Ditto Account (January)
4i 94k
5

COMMERCIAL AND GENERAL ASSURANCE COMPANY.—
The Claim of Mr. E. Evans of 2,3001., alleged to have
°"en advanced to this company, is ordered by the chief
telerk of the Master of the Rolls to stand over until the
list of contributories brought in by Mr. Turquand and
Messrs. Galswortby, his solicitors, is settled. The claim is
objected to on the ground of the allegation that the di-
rectors made use of it to declare dividends, although no
profits were made, and on the further ground that under
the deed of settlement the directors had no power to
borrow money.
THE RECORDERSIIIP OP LONDON. —Mr. Russell
Gurney, it seems, is not to be the only candidate for the
important office of Recorder for the City of L ondo.
which becomes vacant by the.appointment
of Mr. Stuarnt
Wortley to the Solicitor-Generalship. Great
efforts
are being made by the friends of Mr. Samuel Warren,
Q.C., to secure his return, and yesterday morning were
sons who profess to be intimately arquainted with the
State of feeling in the City spoke confidently ef hi.
Chances of success. Mr. Warren has the advantage of
a seat in the House of Commons, a great qualification
in the eyes of the London corporation, who always desire
to have as their recorder a gentleman who can defend
their interests in Parliament. Another gentleman, whose
~_bazon was whispered about in various quarters yester-
'AY as a candidate for the 11, cordership, but apparently
Without much authority, is Mr. Montague Chambers,
(4•Ct, and member for the borough of Greenwich.—
t,,-fang Herald.
SINGULAR ESCAPE OF A RAILWAY GUARD.-4 guard
05 the Lancashire and Yerkshire Railway a few weeks
fe
back mot with an accident which nearly cost him his
l-rsi- He was travelling on an exorees train between
icreston and Euxton Junctinn, and had got on the top
of his van, when his throat came suddenly in contact
With a telegraphic wire which crosses the line, and he
Was thrown off the carriage ho as to alight on the cnd of
4 buffer bAween that and another carriage. Clingir g
719ithdtsperate tenacity to the end of the van, he Was
able alter a short space of time to get into it again,
rWhere he lay for a considerable period much exhau-ted
id nearly insen.ible. On recovering a little, he found
... R ha.nds full of short hairs whieh he had taken from
1(7ill!it his ch,,i. In, fact, h2e attributed the preservation
i life partly to a t• ick bushy beard which he wort',
and which probably prove! ted his throat from being
severely cut by the telegraphic wire. A. ennsiderable
Portion Of his beard had been cut off, ,nd he was a good
deal on
„d by his fah but after remaking only
wine on the Rick list of!, he company, he has been again
a short
able to realm,
Rthrown
oft the his duties. The Came guard had been
on at Prestce train only a few weeks before iii a calli
giwwh• ~. 4, where be had a narrow
.escap
....6 ui life
e from