The Sun.
London, England, 1856-07-05 00:00:00


MONEY MARKET

AND

COMTAEIWIAL RITTP-LLIGENCE.

CITY, Two o'CLoox.
The Liverpool Cotton Market yesterday closed
With more animation, and prices of all descriptions
were without any change. The sales amounted to
8,000 bales, 2,000 for export and 2,000 on specu-
lation. The Railway Share Market closed buoy-
antly, with a:good business doing.

Accounts from the Paris Wool Market report a
further lowering of prices, with no disposition on
the part of the spinners and manufacturers to sell
their goods at reduced rates. This, however, is
periodically the case, just about the time the new
clip of wool comes into market. Under these cir-

!urestances transactions are limited, at the follow.-

ing prices :—choice Merinos, in grease, 2f. 45c. to
21. 35e. per kilo. ; ordinary kinds from 2f. to
2f. 50c. ; Burgundy, Choice quality, 4f. 50c. to
4f. 75c. ; and ditto, washed, from sf. 20c. to 6f.
per kilo.

The quotations of wheat and flour in the Paris
grin market show a tendency to fall since the first

of the month, which is attributed to the favourable
accounts received from the country, and the pre-
valence of fine weather. Rye has been greatly in
demand, and sales for immediate delivery are made
with facility at previous quotations. Barley is not
l'cuoh in request, and quotations are nominal ;
While oats are greatly in demand, at an advance of
6°°. upon best sorts. The best qualities of flour
,are firm at previous rates, but the retailers are
Duying in limited quantities.

The Bank of England Return for the week
ending the 28th ultimo is again of a satisfactory
character, and exhibits a steady improvement in
Monetary affairs. The bullion has increased, and
the Reserve of Notes is larger, being now
3,248,4551. The other alterations are not gene-
l'any of importance.

Active Circulation
Increase
Bullion
Increase

£19,515,255
192,695
13,073,758
• 655,793
• 3,248.455
17,454
• 5,704,570
1,572,460
9,810,045

Rest
Increase
It. Publie Deposits
Increase
*Other Deposits

Decrease
N.* Seven-Day and other Bills 797,546
Increase . 57,917
Government Sealelles • 11,276,155
No alteration.
Other Securities l:.:` 14,803.958
Intpage 7 - 392.104
Notee unemployed ' . 7,388,715
' Increase
The, payments of the "fourth" were made with
Promptitude, and net more than. the average
amount of bills was returned. For accommoda-
tion tbere.was a steady demand yesterday, but to-
day it has rather diminished.
Ti•IG official return of the exports of bullion from
the port of London for the week ending Thursday
last is la follows :

Gold. Coin
Silver Coin
), Bars
, Rumours are current with regard to the pro-
bable early negotiation of a New Turkish Loan,
and although the terms upon which it is to be
taken are mentioned, it is generally believed that
the
statements made are premature. That
Turkey,
as well as France and Russia, will
eventually require pecuniary assistance in
some shape or another is almost certain, but it
Is generally supposed that the European money
markets, although much easier than they have
been, are not yet considered sufficiently favourable
by those powers for such operations. If Turkey
asked for a loan, she would no doubt obtain it
without the slightest difficulty ; but it is thought
that if she waits a short time longer money can be
obtained on more favourable terms than at present.
The statement that the preliminaries for a new
Turkish Loan had been arranged produced a slight
reaction at the close of business yesterday on
the value of English securities, which has
not since been recovered, and the prices
throughout" the morning, have been rather
4eavy. The fact is, the arrangements for the

adjustment of the account, which takes place next
Thursday, are beginning to tell upon the market,
and as many prefer closing their engagements the
prices are drooping. No material decline is ex- I
peoted, however, and a rally is confidently looked
for by many of the leading dealers. Consols have
been 951 I, again 95} 2, and lastly 951 I, and for
August 95/ and 961. The New Threes have been
96} ti and the Reduced 951 to 96. Exchequer
Bills are rather lower, viz., 17s. to 20s. premium.
Thoprincipal feature in the Foreign Market is the
Movement in Turkish 6 per Cents., which, owing
to the rumour above referred to, have been down
to 102 and 103 ; they have since, however, re-
covered to 1031. The 4 per Cents. have been
1051 and 106 k. Russian 5 per Cents. have been
113; and the 41 per Cents. 991 100. Dutch 4 per
Ceuta. are 961, and Sardinian 92 921.
The following are the nominal prices of Foreign
►cocks i-,-Grenada Deferred Bonds, 71 8 ; Mexi-
, oan, 221 3 ; Peruvian, 80 82 ; ditto 3 per Cents.,
56 8 ; Portuguese 4 per Cents., 49 51 ; Russian
per Cents., 111 113 ; ditto 41t per Cents., 98 100 ;
Spanish 3 per Cents., 46i 7 ; ditto New Deferred,
241 5 ; ditto Certificates, 61 7 ; ditto Passive, 61 7.
Railway Shares have been a shade lower, and a
moderate amount of business has been done. Since
the commencement of business there has been a
slight improvement; still most of the shares close
rather under the rates current of yesterday. Great
Western of Canada and the Paris and Lyons have
declined, as well as most of the foreign undertak-
ing. Rnyas are 3 ; Bengals, 1 prem. ; and
x4pbrates, 7-16 9-16.
There has been an active demand for Ottoman
Bank Shares, and the price has risen to 31 and 4
prem, National Discounts are rather heavy.

BRITISH FUNDS TEns DAY AT ONE O'CLOCK
(Prom at Official List. )

unentia, done.
I,Per Cent. Reduced Annuities - 96 5i
.
Pi ew 3 per Cent. Annuities
Long Annuities, expire sth Jan. 1860. .
Ditto :30 Years, expire sth April, 1885 lBh
eonzols for Account
Etchequer Bills, 20.
20 1 p
Ditto Bonds, 1858, 3i per Cent. lOO i
Ditto, 1859
PRICEt OF FOREIGN FUNDS AT ONE O'CLOCK
Brazilian Bonds, 5 per Cent. lo2i
Russian Bonds, 1822, £ St., 5 per Cent ll3
Ditto 4i per Cent.
Sardinian Bon's, 5 per Cent.
Ditto Account ......
Turkish Bonds, 6 per cent
Ditto Account . .. , lo3k 2 3i
Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividt ids on the above payable to London.
Dutch Exchange, 21 per Cent., 12 Guilders ---
Ditto 4 per Cent. Certificates

. T WO -O'CLOC K.
Console,...

„:30110TIONS IN THE ADMIRALTY, SOMERSET 110IISE.--
ofiunderstand that the promotions in the department
i prnciple
cc t ° ountant-general of the navy, in which the
af promotion by selection, in use in that de-
OPellartment of the Admiralty exclusively, has been ear-
n dto an extreme, having causer] much excitement among
the gentlemen of the office.— Civil Service Gazette.
MADAME TIISSAIJD'S EXHIBITION.—A portrait model
of the young King of Portugal has just been completed
and Placed in the Royal group. His Majesty is repro-
vented in a military costume, a blue coat and trousers,
111didly embroidered With gold, and numerous orders
distinction ; among them is the Golden Fleece. The
figure's most life-like, and will long, no doubt, form one
et the attractive models in the splendid group.
PRESIMATION OF LIFE FROM SIIIPWRECIE.—Yester.
rllY a meeting of the Royal National Life-boat Institu-
;l Was held at its offices, John-street, Adelphi ; Thos.
ullPtaall, Esq., F.R.S ,in the chair. There were also
trent Admiral Sir. T. Herbert, M.P., Admiral Cator,
-tor waxd Hurry; 'Esq., Capt. M'llardy, R.N., Captain
ariet.y
R.N., Capt. Perrott, &o. Mr. Lewis, the uecre-
, rY; having read the minutes of the previous meeting, a
of rewards were granted.
1114,,EW CANADIAN BISHOPRICS.—The consent of her
of two has been obtained for the erection
tw° new bishoprics in Canada by a sub-division of
!” present diooei3e of Toronto. It was intended that
tbut hey should-bear the names of Kingston and London ;
the bishop has suggested that Westminster and
rtenronth would -be mole appropriata, there being
ealY a see of London in England and of Kingston, in
Jamaica