The Sun.
London, England, 1856-09-09 00:00:00

T

COMMERCIAL zi-EPILIGENer t

TY, Two o'O-LooK..

The Liverpool Cotton M .arket yesterday closed
firmly, and prices of all descriptions were without
change. The sales were estimated at 10,000 bales,
500 for export, and 2,000 an speculation, compris-
ing 200 Bahia 61d. ; 400 Egyptian, 61d. to Sid. ;
and 1,500 Surat, Vld. to 51d. per lb. The Rail-
way Share Market exhibited a dull aspect, with
little change in prices.

Commercial advises fr om Antwerp contain the
trade report of last week , which exhibits no trans-
actions of importance, b tit the tendency of prices
in articles of consumption, after some fluctuation,
is of an upward character. In coffee the sales of
the Dutch Commercial. Society at Amsterdam had
given firmness to the market. The sugar market
continued quiet, witla no great amount of business
doing, and the stocks in the entrepot of refined
sugar were increasin';. In wool there was an active
business doing, anti prices were well maintained,
chiefly in Bue;aos .A.yres and English wools.
Accounts from Constantinople, by way of Mar-
seilles, of the S th inst., mention that the concession
of the proposed line of railway from Smyrna to
Aiddin has bee n granted. to Mr. Wilkin, the repre-
sentative of an English Company. The particulars
of the concession are stated to be very favourable,
giving full power to the Company to open certain
coal mines in t'ae vicinity of the line, and to hold
good for fifty years. Mr. Wilkin has also solicited
the concession of constructing a line from Andrino-
pie, but the result has not transpired.
The , formation of a National Bank in Turkey
continues to engage the attention of the Ottoman
Government, and also of the local capitalists. A
financial association is reported to be in course of
construction, to obtain, if possible, the privilege of
establishing the required institution, for which pur-
pose 229,000,000 piastres have been collected. To
this sum is added 40,000,000 piastres subscribed Ly
a party of Armenian merchants. On the 26th ult.
the principal shareholders met to name a commis-
sion of twelve -for negotiating with the Government,
and among ftte number were M.M. Baltazzi, J.
Alleon, and. BLack. This combination if successful
will, it is exp ected, soon be able to improve the
finances of the country, and extricate them from
their present enabarrassed. situation.
The active demand for silver has caused a fur-
ther advance of id. per oz. in the price of the
article, the do,ilars brought by the recent West
Indian steamer having been sold at 61d. per oz.
No abatement has yet taken place in the demand
for discounts in Lombard-street and at the na-
tional establishment, and fears are expressed of its
probable continuance, as on the 18th of this month
the final instalment of 20 per cent., or 1,000,0001.,
will have to b(3 provided on the last loan of
5,000,000/. negotiated in May.
This day a meeting of shareholders in the
London and Paxis Bank took place at the London
Tavern, the object of which was to pass a resolu-
tion in opposition to the further continuance of the
company, in consequence of the prospectus, as was
alleged, not having been carried out, and the re-
tirement of several of the directors. Mr. Hart-
ridge called the meeting, and advised the
shareholders to combine to get the return
of their deposits, and the winding-up of the
Company. He was followed by Mr. Gunton,
Mr. Padavacini, and others, and a committee was
nominated to confer with the directors on the sub-
ject. The shareholders wishing to enter had to
sign a requisition against the last call made by the
directors, so that, in a certain degree, the meeting
Was of a partial character, and the resolutions were
all passed unanimously.