The Sun.
London, England, 1856-06-25 00:00:00

LCOO.

MONEY IVIARKET

AND

COIMERCIAL INTELLIGMWE.

CITY, Two o'CLooz.
The Liverpool Cotton Market closed firmly yes-
terday, without any material change in prices.
The sales were estimated at 8,000 bales (3,000 on
speculation and 500 for export), comprising 250
ahia, 6gd. to 61d., and 600 Surat, 4p. to sd.
Per lb. The Railway Share Market closed exceed-
ingly active, at a slight decline.
Accounts from B3rlin state that the wool fair
held there continued to be very animated. The
quantity of the new clip brought for sale amounted
to 90,000 cwt., besides 2,000 of old stock. The
Producers and merchants had profited by the ex-
perience of the markets at Breslau and Posen, and
there were no exaggerated demands made to keep
Purchasers from the market. The washed wools
Were in good condition, and superior to what they
Were last year. The prices obtained were from 4
to 6 thalers per fleece for inferior sorts, and 8 to
10 thalers for fine qualities. Combing wools
ranged from 70 to 80 th. per centner, being a rise
of 2to 3 thalers on last year's prices. At Weimar
the fair from the 16th to the 18th instant
exhibited a very animated appearance, and the
business done showed the following satisfactory
results :—The quantity brought for sale amounted
to 39,460 stones of 221bs. (German) each, being
3,824 stones more than last year ; of these 10,000
stones have been sold for stock ; 22,460 have been
for cash, 1,000 for samples, and 6,000 have been
left on hand. The average prices realised have
been from 14 thalers to 17 th. per stone against 12
to 161 th. last year. At Breslau transactions have
been limited, not amounting to more than 400
cwt., of which the prices obtained were, for super-
fine qualities 130 thalers, for ditto locks 90 th., and
inferior ditto from 76 th. to 80 th.
Letters from Paris state that the official returns
relating to trade for the month of May had been
Published. Since the commencement of the year
the imports of merchandise were smaller than in
the corresponding period of 1855, but they were
larger than those of 1854. The duties collected
last month amounted to 15,087,474 francs against
16,554,942 in 1855, and 13,082,551 f. in 1854.
The exports showed an increase, especially of arti-
cles manufactured in France, such as machinery,
Porcelain wares, glass goods, silk;, cottons, &c.
The dividend declared by the South Australian
Bank is at the rate of 10 per cent. premium, and
the directors' report at the meeting of yesterday
Was carried unanimously.
The influx of specie into the Bank of England
continues very large. On Saturday about
100,0001. went in. On Monday also 100,0001.,
and yesterday about 200,0001., so that the stock of
bullion in that establishment is likely to reach a
Very high figure.
The Funds remain without any change of im-
portance, but the markets remain buoyant. Con-
sols have been 941 2, and are now 941 The
Scrip is steady, at about 3i premium. Exchequer
tills are 13s. premium, the Bonds 99a and India
Bonds 14s. prem. The New Three per Cents. are
951 and the Three per Cents. 94i to 95. Bank
Stock is 217 to 218.
For Foreign Securities there has been a quiet
lit firm market. Turkish 6 per Cents. have been
shigh as 1041 4, and the 4 per Cents. are 105 to
104, being g per cent. higher. Spanish Bonds
:re supported, the Threes being 47g, the New
eferred 251, and the Certificates 61. Russian 41
Per Cents. are maintained at 981 and 99, Grenada
New Active have risen to 19i to 20, and Mexican
Stock is 222 to 23. Belgian 41 per Cents. are 96k,
and Dutch 4 per Cents. 962. The principal feature
in the market is the improvement of 3 to 4 per
cent, in Buenos Ayres Bonds, which are 79 to 82.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 7 k ; Mexi-
can, 22i 23 ; Peruvian, 78 80 ; ditto 3 per Cents.,
64 6 ; Portuguese 4 per Cents., 50 2 ; Russian 5
Per Cents., 107 9 ; ditto 4i per Cents., 97 9 ;
Spanish 3 per Cents., 47 ; ditto Deferred, 251
ditto Certificates, 6 1 ; ditto Passive, 61
Railway shares are firm, at previous prices. As
exceptions, however, may be enumerated, Eastern
Counties, Lancashire and Yorkshire, and Great
Western, which are *to it cheaper. The Canadian
are lower, especially the Great Western, as
the traffic receipts are stated to have dimi-
nished, owing to steamboat competition. The
Grand Trunk are weaker, as there is an impression
that the local Government will not render the pe-
cuniary assistance required. The foreign descrip-
tions are at firm prices. The Ceylon shares are 1g
Prem., and Rigas are in demand at 3 prem. Lom-
bardo-Venetian are called 6 prem.
Western of London Bank have improved to par
and 1 prem.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
( From the Oficial List.)
'Preen..• done.
Bank Stock
3 per Cent. Reduced Annuities 94} 1 5
NSW 3 per Cent. Annuities
Lone. Annuities, expire nth Jan. 1860....-
Ditto 30 Years, expire 10th Oct , 1859 3 1-16
Ditto 30 Years, expire sth April, 1885... 17 11-16 1
India Bonds, £lOOO
emsols i'or Account
Exchequer Bills, lid.
1000.
£560
Grail lO 13 p
Ditto Bonds, 1858, 3A per Cent.. 994 a
PRICES OF FOREIGN FUNDS THIS DAY.
Buenos lyres Bonds, 6 per Cent. —
Ditto Account
Grenada New Active, 2.} per Cent.
'Ditto Deferred 7! i
Mexican 3 per Cent —
223
Ditto Account
Russian Bonds, 1822, I.! St., 5 per Cent —
Ditto 41 per Cont.
Satdirian Bon;ls, 5 per Cent.
Ditto Account
Sp ?nisi. Bowls, 3 per Cent —
Ditto Account
Ditto New Deferred, 3 per Cent.
Ditto Account
Spanish Committee Cert. of Coup. not fun. 6i p c
T iikiNdi Bonds, 6 p;r cent —
Ditto Account
Ditto Guaranteed, 4 per Cent. '
Ditto Account
)tv,,torpis on the above ,ayable in Lc nics.
french Routes, 4i per Cent.
Ditto 3 per Cent
t elgia.u, 2{ per Cent., ex. 25 francs —
Ditto 4 per Cent.. ex. 25 francs ......
Dutch Exchange, 2i per Cent., 12 Guil —
Ditto 4 par Cent. Certificates
THREE O'CLOCK.

. S:121 11

71f 50c ex 25f 30c

Consols —
Ditto Account (July 10)

NARROW ESCAPE.—The steamer City of Newark,
while on ber passage from Newark to New York, was
burnt to the water's edge on the 9th inst. There were
about 70 passengers on board, mostly 'A omen and chil-
dren. The panic and consternation that ensued is inde-
scribable. The life-boat was lowered, but being too
heavily loaded, capsized, precipitating the inmates into
the water. 0 wing to the timely arrival of assistance
those in the water were picked up, and those remaining
on the burning vessel were rescued.
PRICE OF GOLD.—The quotation of gold at Paris is
about 2 per mille premium, and the short exchange on
London is 25.35 per 11. sterling. On comparing these
rates with the English Mint price of 31. 17s. 10id. per
ounce for standard gold, it appears that gold is about
5-10ths per cent. dearer in London than in Paris. By
advices from Hamburg the price of gold is 423 per mark,
and the short exchange on London is 13.51 ; standard
gold, at the English Mint price, is therefore about
8-10ths per cent. dearer in London than in Hamburg.
The course of emchange at New York on London for
bills at 60 days' sight is 1091 per cent., which, as com-
Pared with the Mint par between the two countries,
shows that the exchange is slightly in favour of Eng
land ; and, after making allowance for charges of trans-
Port and difference of interest, the present rate leaves
trifling profit on the importation of gold from the United
States.
Souris AUSTRALIAN BANKING COMPANY —At a meet-
ing of this company held to-day, Mr. E. Divett in the
chair, the dividend declared was at the rate of 10 per
cent, per annum, and the report was unanimously
adopted. It was stated that the operations of the bank
continue to be conducted on a sound basis, and that a
diminution which has taken place in the profits is attri-
butable only to the general reaction in the affairs of the
colony during the past year. In answer to questions, it
was mentioned that the present capital is 300,0001., but
that there is a probability of an increase being hereafter
resolved upon to the full extent of 500,0001. This eines-
. tion, in connection with the gradual augmentation of the
reserve fund, has been under the consideration of the
directors, but no definite conclusion has at present been
arrived at. The existing reserve fund of about 50,0001.
IS invested in New Three per Cents., railway stock and
debentures, and 6 per cent. railway bonds of the colony
guaranteed by the Government. The operations of the
bank, according to the terms of the deed, must be con-
fined to South Australia, and, therefore, in any extension
f busmen, agencies, and not branches, will be estab•
blished.