The Sun.
London, England, 1856-05-17 00:00:00

MONEY 7/TARKTIT

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocit

In the Liverpool Cotton Market yesterday the
demand was moderate. The sales amounted to
8,000 bales, including 1,000 bales on speculation
and for export. Tho Railway Share Market was
active, and prices were higher than on Thursday.
The Bank of England Return, completed for the
Week ending 10th May, is rather more favourable;
but there is a further slight decline in the bullion.
The falling off in the other securities and the in-
crease in the reserve of notes is considered encou-
raging features. A large portion of the late
arrivals of specie having been sent into the Bank
of England, au increase is expected next week in
the item of bullion.
Active Circulation
Decrease
Bullion
Decrease
Rest
Increase

.. £19,942,830
282,735
9,778,582
28,298
3,233.367
25,697

Public Deposits
Decrease
Other Deposits
Decrease
Seven-Day and other Bills 836,812
Increase . 17,707
Government Securities
• Decrease
Other Securities
Decrease
Notes unemployed
• Increase
Accounts from Constantinople to the sth inst.
Mate that the financial world was still occupied in
the formation of a bank ; for which numerous pro-
jects had been presented, but up to that date no-
thing certain had been done by the Government.
The commercial position of the Porte has become
much easier, with a sensible diminution in
the priees of the necessaries of life. Many
speculators who had monopolised these articles of
consumption had lost considerably by their trans-
actions. The rates of exchange are also easier,
and the value of foreign money has fallen, while
the. Government paper currency is readily taken
at improved rates. The population, in many of
their small dealings, prefer the latter to foreign
coin, which augurs favourably for the institution
of a bank of issue.

Letters from Alexandria mention that some fur-
ther communication has been made by the Govern-
blent relative to the projected " Bank of Egypt,'
quoted on the London Stock Exchange: It appears
that on the arrival of the Consul-General of France
in that city a renewal of the protestations on the
Part of the financial community was made to the
-Viceroy against the title of the Bank in question.
After some negotiations the Egyptian Government
Published an official circular, to the effect " that
this new Bank, notwithstanding its title, enjoyed
110 special privilege granted by the Government.,
A. telegraphic message from Rome states that the
duties on all imported manufactures have been con-
siderably diminished.
The official return of the exports of bullion from
the Port of London for the week ending Thursday
last is as follows :

18,238 Ozg.
5001.
587 Ozg.
... 8,500/.
Pt 7/ ...... ••• 19
Silver Coin Belgian ••• 400 OZ9.
At the adjourned meeting of Messrs. Syers,
Walkerand Co.'s creditors, the committee of inves-
tigation, with one dissentient, stated that, in their
Opinion, the estate would only yield 3s. in the
Pound. A Mr. Warner, however, thought that
61; or 7s. might be realised, consequently four in-
spectors were elected who ware to examine and
manage the affairs of the firm, and report thereon
'within four calendar months.
The Funds have been rather flatter to-day, but
ze important reaction has occurred. The tight-
ness of the Money Market has rather a depressing
effect, but it is not likely to be of long continu-
ance. Consols have been 93i 1, and 93a for
money. For account they were 941, and afterwards
931 to 94. The New Scrip is nominally Ito 11
Premium. The March Exchequer Bills were Gs.
to 2s. discount, and the June ditto declined to 10s.
discount. The New 3 per Cents. are 92 to 93,
and the Reduced 92f I.
Foreign Securities are firm.' Turkish 6 per
Cents. have been 981 to 99. Spanish 3 per Cents.
45 to 45i, and ditto Deferred 25. Portuguese 4
Per Cents. are 30k. Belgian 4i per Cents. 95, and
Dutch 4 per Cents. 94g. Russian 4i per Cents.
remained at 951, the Sardinian at 93±, and Mexi-
can at 23± A. Buenos Ayres have risen to 73 and
78, being an advance of 6 per cent.
The following are the nominal prices of foreign
18
Stocks :—Grenada Deferred Bonds, 62. 7± ; 17,
can, 23± ; Peruvian, 77 9 ; Ditto 3 per Cents., zo
64 6 ; Russian 5 per Cents., 104 6 ; Ditto 41 per 2100
Cents., 94 96 ; Spanish 3 per Cents., 44i 451 ; 20
Ditto Deferred, 25 251 ; Ditto Certificates, 51- 5 ;
100
Ditto Passive, 7 71.
The English Railway Shares have been firmly 20
allPported, and a large business has been done. In ,0
alto or two instances, however, a slight decline has
occurred. The Foreign and Colonial have ruled 25
Steady generally. too
Peninsular and Oriental Steam were firmer. 1.00

Gold Coin
~ ~ Iv
Hamburg ...
/I 7/

BRITISH FUNDS TIIIS DAY AT ONE 0 CLOCK. I 26
From the Ofccial List.

swan.. done.
3 p2r Cent. Reduced Annuities..... 92
3 per Cent. Consols Annuities 931 2 i I
/levy 3 per. Cent. Annuities
2
Consols for Account
Exchequer Bills, 2Ad. March. June
£lOOO . ...
—4 8 d
£5OO
Rmall
Ditto Bonds, 1858,31 per Cent. —
• Ditto, 1859 •
PRICE OF FOREIGN FUNDS AT ONE (YOLO. K
Brazilian Bonds, 5 per Cent.
Ditto Small 96
Buenos Ayres Bonds, 6 per Cent. 75 8 3
Mexican 3 per Cent —
Ditto Account • 233/4 i
i'ortuguese•Bonds, 5 per Cent., Con. 1841
Ditto 4 per Cent
Russian Bonds, 1822, £ St., 5 per Cent —
Ditto 41 per Cent.
Ssrdiman Bonds, 5 per Cant. . ........
kipnniib Bonds, 3 per Cent 451 5
Ditto New Deferred, 3 per Cent.
Ditto Account 25
Tarkhsh Bonds, 6 par cent —
Ditto Account 99 81
Dividends on the above .i.v.ble in London.
Belgian, 2} per Cent., ex. 25 francs —
Ditto 4? per Cent.. ex. 25 francs 95
Dutch Exchange, 2A per Cent., 12 Guilders
Ditto 4 per Cent. Certificates
TWO O'CLOCK.
- .
Consols for Money 933 i
Ditto Account 94 i