The Sun.
London, England, 1856-06-02 00:00:00

MONEY MARKET

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLooK.

The Liverpool Cotton Market on Saturday closed
with firmness ; but the demand was good and
general, and the market well supplied, though not
80 abundantly as during the middle of last week.
All kinds remained unchanged in price. The sales
were estimated at 10,000 bales, of which 1,000 were
taken for export and 2,000 on speculation. The
sales include 350 Pernam and Maranham, at 6,d.
to 71d. ; 150 Bahia, 64d. to 61d. ; 300 Egyptian,
61d. to 9/Id. ; anal 1,000 Surats, 4kd. to 51d. Very
little was done in the Railway Share Market, and
prices were not so good.

The weekly trade report from Havre, at the close
of Saturday, states that the cotton market con-
tinued steady, but sales were limited to a few hun-
dred bales Louisiana, at 83f. 50c. for very low
sorts, 89f. for low, 90f. very ordinary, and 102 f.
per 50 kilos. for ordinary, being an improvement
upon the previous week's rates. The total sales
for the week, of all sorts, comprised 5,687 bales.
Arrivals, 6,455 bales. Stock on hand on the 20th
May 122,122 bales, against 98,370 bales in 1855.
The quantity received from the United States in
1856 was 48,188 bales, and the number of vessels
arrived from thence at the port of Havre only 8,
against 27 during the corresponding period last
year. Trade generally was brisk, without any
large transactions taking place.

Accounts from Odessa to the 16th May report
att active market for wool, with a further improve-
ment in prices. About 4,000 poods of fine qualities
in grease of the new clip has been bought at the
rate of 30 roubles 45 kopecks. Donakoi white-
washed wools have been in demand at 22 roubles,
but the sellers have been standing out for higher
prices, which the buyers are not inclined to give,
consequently they have been consigned to order.
In the export market for grain an increased trade
has been doing, and 5,500 tscht. sold at 29r. 40k.
to 331 r. ; 4,000 tscht. of Landomiska wheat at
29i to 32r. 90k. according to quality ; and 2,500
tscht. of Girka ditto to be delivered! at Berdiansk,
at 265. per tschet. A sale of 5,000 tschet. of lin-
sec.(' realised from 29r. to 30r. per tcshet.

The advices from New York, received this
Morning by the steamer America, mention that
the spring had opened very favourably,'as:regards
the weather, throughout Ohio, Indiana, and Il-
linois, and the growing crops promised an abun-
dant yield. The market for breadstuffs of all
descriptions was rather dull. Specie was still being
exported to a large extent, and during the week end•
ing the 17th ult. the exports amounted to upwards
of a million and a half dollars. The excess of imports
over exports in the same period was 1,289,029 dole.
There was rather less inquiry for money, but no
decline in the rates had taken place. In the last
City banks' return there was a decrease in the
"loans and discounts" of 801,473 dols. The market
for speculative securities ruled dull.
An important failure was announced on the
Paris Bourse on Saturday, viz., that of M. Place,
one of the directors of the Credit Mobilier, whose
liabilities are estimated at 700,000/. Owing to the
gigantic operations of this society, and the interest
Which it has excited throughout Europe, the sus-
Pension referred to has caused much conservation
in financial circles abroad.

The English Stock market opened heavily at a
decline of about g per cent., in consequence of the
American advices being considered unfavourable;
but when they were more carefully perused and
found less discouraging than was at first sup-
Posed, some large purchases were effected, and
a recovery in values ensued. The market has
since been very buoyant, and at an improvement
per cent. compared with Saturday, but there
le some 'variation in the prices. Consols opened at
941 I for money, and 941 for account (July), but
they have since been 94i and 951 respectively.
The New Scrip has been 14 to 2 premium.
The New Three per Cents. are 94i, and the
Reduced 93i I. The March Exchequer Bills are
2s. discount to 2s. premium, and the Bonds 981
to 99.

In Foreign Stocks a movement corresponding
With that noticed in the Funds has taken place.
Mexican were 221, and are now about 23g. Peru-
Irian 42 per Cents. have been dealt in at 771 to
78i, and Danish Threes at Turkish 6 per
Cents. are 991 and the 4 per Cents. 1031.
Spanish Bonds are steady, the Threes being 461,
the Deferred 252 to 26, and the Certificates Ga
rintch 2i per Cents. are 65, and the 4 per Cents.
55i.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 7 ; Mexi-
can, 231 ; Peruvian, 77 79 ; ditto 3 per Cents.,
51 6 ; Portuguese 4 per Cents., 50 2 ; Russian 5
Der Cents., 105 7 ; ditto 41 per Cents., 95 7 ;
Spanish 3 per Cents., 461 7i ; ditto Deferred,
25i 6 ; ditto Certificates, 61 2.

Railway shares have improved since the morn-
ing, when they ruled heavy, but they are still ge-
nerally under the range of prices current on Sa-
turday. The Foreign and Colonial lines are
mostly weaker. Great Luxembourg are firmer.
Mining, Banking, and Miscellaneous Shares
'.re dull, and, in some cases, lower.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
r Prom the °(idal List.)
iloon.,p done.
~3 Per Cont. Redncod Annuittas 93 i f
t Per Cont. Console Annuities, 94A i i i
"ew 3 per Cent. Annuities
lodin Bonds. £lOOO
Ditto, under £lOOO 1 d 3 p
Pqnsola tar Account 93s i
Consol Scrip ll 21, p
Exchequer Bills, 24d- March. Juno.
£lOOO
£5OO

RTTIIIII •
Ditto Adverthied 2 p 2 d
Ditto Bonds, 1858,3 i per Cent. 93i 9
Ditto, 1859

PRICES OF FOREIGN FUNDS THIS DAY.
Buenos Ayres Bonds, 6 per Cent. —
Ditto Account ....
uhilian Bonds, 6 per Cent —
Ditto 3 per Cent 69i
Danish Bonds, 3 per Cent., 1825 Bli
ttexican 3 per Cent —
~, Ditto Account
-reruvian Bonds 4a per Cent --
Ditto Account
Russian Bonds, 1822, £ St., 5 per Cent —
Ditto 4i per Cent.
Ntrdinian Bowie, 5 per Cent.
Ditto Account
BPlil,i4 Bowls, 3 per Cent 46k
Ditto Account
Ditto New Deferred, 3 per Cent
Ditto Account 2si 6
Spanish Committee Cert. of Coup. not fun 6.4 i i
Turkish Bonds, 6 par eent 99
Ditto Account

Ditto Guaranteed, 4 per Cent.
Ditto Account . 103 i
Dividends on the above 7ayable In London.
Dutch Exchange, 2{ per Cent., 12 Guildors 65
Ditto 4 per Cent. Certificates
THREE O'CLOCK.
Consols for Money 94i $
Ditto Account (June 4)

On the occasion of the recent fireworks a numerous
Party was assembled in the outer gallery of St. Paul's
cathedral, from whence a magnificent view of the illu-
roinations and general proceedings was obtained.
Among the party were Mr. Charles Dickens, Dean
hliiman, Mr. Mark Lemon, and other notabilities. We
may add that St. Paul's itself, when seen during the il-
luminations from any shady standing place, by the re-
flected light, was an object of surpassing grandeur as it
Stood out from the dark background.
THE IRISH LOAN FUND.—The number of loans made
14 1855 by the Irish Loan Fund Board amounted to
208,6551., at a gross profit of 26,1201., and a net profit
°I 8,0361. The circulation of loan funds throughout the
country amounted, in 1855, to 883,3211., exceeding that
of 1854 by 13,297/. The capital of loan funds working
in 1855 was 213,0701. The working capital was less by
1,665/, than in 1854, and yet the operation of luau funds
was more acive last year. The working of the system
111 1855 was attended with less loss than in any past
Year. Since 1845.
ANTIQUITY OF GUNPOWDER.—The first Englishman
Who mentions gunpowder is Roger Bacon, who, about
the year 1274, describes it as then in common use all
over the world for making squibs t 3 amuse children.
It is mentioned by Philostratns 355 years before Christ
and, in the code of Hindoo laws, it is referred to a period
coincident with the time of Moses. The military use of
rockets in the armies in India reaches to a period be-
Mad record.

JOINT-STOCK BANKS.
_----------
40 'll Australasia 97 99 97
25 5 Bank of Egypt - a p
100 50 Bank of London — 69
40 all Bri. Col, Bk.&Ln.
50 all British N. American 67 61
25 5 Chartd. Bank of Asia —1 p
20 6 Chrtd. Bnk. of India,
Australia, & China
100 50 City 66 —. 68
100 25 Colonial
•••
100 20 Commercial of Lon&
20 all Eng.Scot.&Ans.Cht. 16 —17 f
20 all Load. Chart. Bk. of
Australis lB4 19
20 5 Ditto New 2 1(1
50 20 London and Count 33i #
100 50 Lnd.&E.Bnkg. Corp. par 2p
50 10 London Joiat Stock.
100 10 London and Prais 4 2 d
100 20 Loud. St, Watrainatei
100 35 Nationsl Pro.of Eng ,„
20 10 Do. New ...........
50 22A National of Ireland ...—
20 all Now South Waler 42F 43:3; 43
25 all Oriental Bank of
Corporation 4O —42 4Di ad
20 10 Ottoman Bank « 111' 11
100 50 Royal British ... 50
25 all ionth Australia BBi
25 xl Union of Australia 73 75 74 3A
' 8 10 8i
50 10 Union of London .••
100 Western Bk of Loncl

MISCELLANEOUS.
25 19 Australian Agri=lt. 30 32 30i 1
IC all Australn. Royal Mail
10 all Berlin Water Works 5
50 40 Brit. American Land
100 32. Canada l3O 133
Rt. 100 C.Go.6p.c.Jankinly 112 113 1121
St. 100 Do. 6 p.c. Feb & Aug
St. 100 Do. 6p. c. Mar & Sept
5 all Crystal. Pa1ace..,..,., 21— 2/ 2 1
5 all Do. Preference sg bf
4 all Crystal Pal. of France
1 A Duston Iron Ore
20 13 Eastern Steam. • ••
5 all En.&Aus Cop Sm Co 11 2 1i 1
St. 100 Electric Telegraph 94 96
1 all Electric Tolcg. of Ir •••
5 all Gen. Iron Sc Collier - -
15 14 Gen. Steam Navigat.
18 all General Screw Steam ... 131
4 all Loud. Gen. Omnibus 31 4 3i /
20 10 Magdalena St. Navig.
10 all Mediteran. Elec. Tel. 8 10
10 9 Moxican&S.Amerien. 51 bf 5/ 1 /
1 all Nat. Pat. Steam Fuel
10 5 ' Netherlands Land .l/ 2A 2
10 all Do. Do.
51 2 Do. 8 pcPissatld —ip 2100
80 New B. &N. S. Land 18 22
1 all N. B. Australasian._
20 15 Nrth.ofEurcpeStse.m . . 13/
1 all Oriental Gas — 14
1 2s. Do. "New Shares" iP Pm
5 all Peel Er. Ld. & Minrl. 3i 3i
50 all Peninsular& Oriental 68 69
50 10 Do. New 5 6 p
100 60 Royal Mail Steam
1 all Scot. Austral. Invest 1
1 Ditto Now —
25 all south Austral Land 37 38
I all Submar. Tel. Scrip... 1 1
20 all Do. Registered
15 5 Prust& Co.TJ.Can
10008 i V,0% Diemen.. Land 16 18 17i
1 sj,oo,6p,l.JiwaoTlll7 na