The Sun.
London, England, 1856-10-07 00:00:00

MONEY MARKET

AND

'COMMERCIAL INTEL.LIGENC;E:,

CITY, Two o'CLoux
The Liverpool Cotton Market, yesterday, closed
firmly at a slight improvement. The sales were
estimated at from 8,000 to 9,000 bales, of which
1,500 were taken for export, and 1,000 on specu-
lation, comprising 170 Pernran and Maranham, at
61d. to 7d. ; 150 Bahia at 6,;,d. to 62d. ; 300
tl,3',37,tian, 61d. to 9d. ; 1,000 Surat, 41d. to 54c1. ;
and 150 Sea Islands, ll I. to is. 7d. per lb. The
Railway Share Market„ closed with a downward
tendency, the annoroacement that the Bank of
England had raised their minimum rate of discount
Laving a prejudicial effect.
Commercial advises boa Antwerp state that
there was very little activity in the import mud
exr,,arrt trade of that market during the past week,
a'Ati that wheat, coffee, sugar, and general articles
'Of colonial produce exhibited no material fluctuation
nn prices. Of wool the sales were confined to Eng-
washed wools, and Buenos Ayres in grease,
which realised previous quotations. Although
there was no alteration in the prices of raw sugars
yet they were remarkably firm, and it is not ex-
pected that there will he any fall this season.
The Ba.nk of Holland has issued their monthly
atatetne).it of accounts up the 30th September, the
princiPal items of which are as follows :—The notes
In c-irculation amount to 84,767,340 florins ; bat-
s:aces of accounts current, 16,956,8238. ; and
species in the bank coffers, 67,016,2121 The
Sank of Prussia also give their monthly returns,
showing that the amount of notes in circulation
Lave increased to about 46,000,000 thalers, or 6k
mill:Lona on the month of August, while the cash
or, hand has decreased upwards of one million.
The Directors of the Bank of France have refused
'to sego tiate any bills having more than 60 days to
run; and have determined to limit their advances
on Routes to 40 per cent., and. on Railway Shares
to 20 per cent. These restrictive measures, to-
gether with those adopted by the Bank of England,
have naturally produced increased alarm with re-
gard to the present situation of monetary affairs.
In France, however, more than here the
to
crisis is to be apprehended, and the letters received 10
from Paris speak in very discouraging terms of the future. A variety of suggestions are made for st.Bt.
alleviating the pressure, and opinion is much di- 50
-tided as to the course which ought to be pursued igB
by the Government and the Bank. The drain of
25
silvqr continues, and the efflux of gold from the ri'S
Bank of England up to yesterday was very rapid.
It now remains to be seen whether it will be at.
checked by the advance in the rate of discount. st.
The various joint-stock banks have advanced St-
-their allowance for deposits on call from 4 to 5 st
percent. The French prices at the opening of the
it:*
Moline to-day are telegraphed at a slight advance.
so
Lt.
7rom the commencement to the close of business
yesterday the increase in the minimum excited
so
much conversation, and there seems to be a general LI.
impression that it will have the beneficial effect o
10
atopping the drain of gold. The next Bank re- 20
turn is expected to exhibit some very unfavourable 20
chaaiges, but its influence will no doubt have been i°
fully anticipated. , Rt.
A further decided fall has taken place this morn-
ing in the English Funds, and Consols at one
period were down to 90,1. This low point, how-
ever, has attracted the public, who are investing,
while the Bulls are tempted to renew their opera-
tions. A reaction has consequently commenced,
but it is quite impossible to say whether it will con-
tinue. Consols are now 91 to 911 for money, and
g for Nov. The dealers are busy in making
arrangements for the settlement, which will be
a very heavy one, and it is feared that the payment
of differences may be attended by some instances
of embarrassment. The " Contango" is still fully
Ph cent. Exchequer Bills are flat at ss. to 9s.
preraium ; and the Bonds are 981 to 99.
The Foreign Market has also been depressed,
awl in some of the leading securities the changes
,have been considerable. Turkish 6 per Cents, have
ragged from 962 to 97k, and the 4 per Cents.
]lave been 991 and 981. Spanish Threes are
marked 40i, and the New Deferred 24. Russian
-5 per Cents, have been dealt in at 106; ditto
41 per Cents. at 961 ; and Sardinian, 891 to 90,
Mexi,e,an Stock is flat at 22. Peruvian 41 per Cents.
are 761.
*he following are the nominal prices of Foreign
Mocks :—Greuada Deferred Bonds, 7 ;
ditto 3 per Cents., Mexi-
•
can, 211 22 ; Peruvian, 77 79 ,
t 658 ; Portuguese 3 per Cents., 43 45 ; Russian
5 per Cents., 106 108 ; ditto 41 per Cents., 96 98 ;
Slitnish 3 per Cents., 421 31 ; ditto Deferred, 231
4i.; ditto Certificates, 51 6 ; ditto Passive, 6
itailway Shares have been subjected to much
variation, and the average decline is IL to 1/. 103.
74E7 are now, however, rather better, owing to
th• slight improvement in the Funds. Foreign
and Colonial are dull, but Paris and Lyons are
vetry heavy.
Mines, Banks, and Miscellaneous Shares are
inactive.

13!170ISR FUNDS THTS DAv A. 'l' ONE O'CLOCK.
( front the Official

na.n,-- d'sna.
Por Cent. Consols Annuities, (f 1 A 90A 1
Consols f)r Account
,calierer Bills 23tt.
5 9 p
t X-VJOO
, Uoo ........... .
5
Small 9 p
5 9 p
Ditto Ponds, 1858, 33 per Cont. O9
bitto, 1859
09 83
IIIi.IOFS OF FOREIGN FUNDS AT ONL' O'CI.Ok'F.
Wxiean 3 per Cent —
bitto Account
...... ..... 22
Petlivian Bonds 43 per Cent —
Ditto Account .
Russian Bonds, 1822, E Se., 5 per Cent._ 106
Ditto 43 per Cput.
Sarainian bon-Zs- 5 .r.. Cont. . .........
8-03
03
Ditto .Account' per
Spenish Boxids, 3 per Cen.,
bitto Account
0
ditto New Deferred
, 9 4
Tarlrith Bonds, 6 per c" ent por Cent.
Ditto Account 97 s Gi 74 6i 7i
•
l'Btto Guaranteed, 4 per Cent.
..... 99/ Si
• Olvicettla on the above payable la London

Convela TWO O'CLOCK.
money
91 91A Ditto, Noverobor account

.I.47,s......ermwm•mommwsamimem,
THE AIISTRIA.N CONCORDAT.—A circular from the
Consistories of the reformed Confession of Augsburg,
relative to burials, mentions the intention manifested by
the Austrian Government to grant entire freedom of
wdrship to its Protestant subjects.
Ma. MACGREGOR AND THE ROYAL BRITISH BANK —The Glasgow North. British, Daily Mail says :—Mr.
he
Macgregor has addressed to us a letter, in which
e promises to clear himself of the charges made against
him in connection with the Royal British Bank. In-
stead
of icditing epistles of this- kind, Mr. Macgregor
should proceed at once to his defence Not a day should
be lost by him in submitting his case
in and abiding, as regards his seat to his constituents,
n Parliament, by their
decision.
POWERFUL TELES
[ADVERTISEMENTCOPES, SIGHT
OPERA ARM rf
RARING SPECTACLES
us'
Ghsssxs.—Messrs. S. and R. Solontona, eptieni PE
WEk ACT:
marle-street, Piccadilly. Observe—opposite
II), her Majesty's Royal Letters Patent for valua.ble
k ii
and
Powerful and
extraordinary improvements in the most and
brilliant Telescopes, Camp, Racecourse, Opera, and Per-
spective Classes, to know the distances. These teies,„,
Possess such extraordinary powers that some three an.itlpai-theird,sf
inches, with an extra eye-piece, show distinctly
moons, Saturn's ring, and the double stars. With the samo
telescope can be seen a person's countenance threo miles and a
half distant, and an object from 16 to 20 miles. They are of
larger and all sizes, with increasing powers accordingly,_The
Royal Exhibition, 1851. Valuable, newly-invented, very small
powerful waistcoat-pocket glass, the size of a walnut, by whict,
a person can be seen and known 14 miles distant; they answer
every purpose on the race-course, and at the opera houses,
country scenery, and ships arc clearly seen at 8 to 10 miles.
They are invaluable for shooting, deer-et :liking, yachting; tc
Spertmen, gentlemen, gamekeepers, and tourists. Opera,
race-course, camp, and perspective glasses, with wonderful
power. Newly-conatrzzted Spectacle Lenses of the great-
est transparent power. The valuable advantage derived
from this invention is, that vision becoming impaired is
preserved and strengthened, and very ag .3(1 persons are
enabled to employ their si4ht at the most minute
occe-
patiou• can see with these lenses of a much less magnil-
ing power—and they do not require the frequent change
to the dangerous effects of further powerful assistance.
persons can be suited at the most remote part of the world,
by sending one of the glasses out of their spectacles in P
letter, and stating the distance from the eyes they can read
small newspaper print with it; and those who have
not made use of spectacles by stating their age. Deaf-
ness.— i'dew Discovery. The Organic Vibrator, an ex-
traerdinary powerful, small, newly-invented instrument for
thinseaf, entirely different from all others, to surpass any-
ring of the kind that has been, or probably ever can be,
produced. Being of the anise colour as the skin, is not per-
oeptible ; it enables deaf persons to hear distinctly at church
ad at public assemblies ; the unpleasant sensation of sinning
moires in the ears is entirely removed ; and it affords all the
assistauc
Pioce that possibly could be desired.-39, Albemaile•
"eta a41113'. Obsorve—oppolite the York Rotel.