The Sun.
London, England, 1856-06-26 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The Liverpool Cotton Market yesterday closed
quietly and steadily, and compared with Friday's
range prices of all kinds were unchanged. The sales
were estimated at 12,000 bales (1,000 for export
•nd 300 on speculation), comprising 90 Pernam and
Maranham, 6.1 d. to 6.1 d., 50 Bahia, 6id., 300
Egyptian, Gg .1. to iid., and 1,000 Surat, 4d. to
sd. The Railway Share Market was dull, and
prices were a shade below the current rates on
Tuesday. _ _ _

It is understood that Messrs. Anderson, of Glas-
gow, are the successful competitors for the Aus-
tralian mail contract. The sum at which this firm
has tendered, is stated to he much lower than was
generally anticipated, being 185,0001. per annum
for one mail a month. As this sum is not more

than the Colonial Governments have set aside for
the establishment of steam communication, it now
becomes a question worthy of consideration whe-
ther our Government, having agreed to bear a
moiety of the expense, should not establish an
additional line of communication via Panama, so
that there might be two mails per month, which
the extent of our commercial relations with the
Colonies fully justifies. It is sincerely hoped that
the contracts taken by the above named firm will
at once go into operation, as the communication of
late has been very irregular, and much annoyance
and inconvenience has been experienced by mer-
chants and others interested in the Australian
trade.

The Board of Trade Returns for the month and
five months ending 31st May, 1856, have just been
issued. For the month, compared with the same
period last year, the increase in the imports has
been in brimstone, coffee, barley, flour, raw cot-
ton, plate glass, jute, hides, metals, palm oil, rice,
rum, brandy, and Geneva, sugar, tea, wine, and
cheeps' wool, while there is a decrease in live ani-
mals, corn, dyeing stuffs, fruits, guano, hemp,
provisions, quicksilver, spices, and tobacco.
The total value of the exports has amounted to
8,733,3001. against 8,049,2461. in the same month
last year, being an increase of 684,0541. The in-
crease has principally been in beer, ale, gloves,
haberdashery, and millinery, hardwares and cut-
lery, saddlery and harness, metals, silk, and silk
Manufactures, stationery, refined sugar, and wool-
len and worsted yarn.

The vessels employed in the foreign trade of the
United Kingdom have shown a falling off of
76,760 tons for those outwards, and an augmenta-
tion of 34,391 tons for those entered inwards for
the month as compared with th© like period of last
year.

The opinion generally expressed in the City yes-
terday afternoon, that the Bank of England Direc-
tors, at their meeting to-day, would make a change
in the minimum rate of discount, has proved cor-
rect—a reduction of 1 per cent. having been an-
nounced. Some parties went so far as to assert
that an alteration of 1 per cent. would be resolved
upon, but this could scarcely have been thought
probable ; still it must be admitted, considering
the favourable prospects of the money market, that
the present rate, viz., 41 per cent., is not likely to
be long maintained. The effect of the measure
adopted to-day will be productive cf great benefit
to all branches of business.

The Stock Market has been dull, and the altera-
tion of the rate of discount has produced very little
influence upon prices. Consols rose to 94i 1, but
they have since been 941 1. The Scrip is nomi-
nally 31 f, but there is very little business, to-mor-
row being settling day. The New 3 per Cents. are
95 4, and the Reduced 941 to 95. Bank Stock
is firm at 218. Exchequer Bonds are 10s. to 13s.
premium, and India Bonds 14s. premium.
The dealings in the Foreign Market have not
been very numerous. Turkish 6 per Cents.
have improved to 1041 to 105, and the 4 per
Cents. 105 k Russian Fives are nearly 1 per
cent. higher, viz., 109 E, and the 41 per Cents. are
98g. Sardinian have been 92. Spanish 3 per
Cents., 474. Buenos Ayres, 81 to 82 ; and Danish
6 per Cents., 102} to 103. .

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 7f ; Mexi-
can, 22i 23 ; Peruvian, 78 80; ditto 3 per Cents.,
54 6 ; Portuguese 4 per Cents., 50 2 ; Russian 5
per Cents., 109 10 ; ditto 4 per Cents., 97 9 ;
Spanish 3 per Cents., 47f I ; ditto Deferred, 25a i;
ditto Certificates, 6# ; ditto Passive, 6; 71-.
The last week's Railway Receipts, ascertained up
to this day, are in round figures as under :

1856.
........ £31,417
60,343
18,334
19,348
30,246
20,651
11,739
20,330
24,007
34,107
6,894
5,884
9,527
9,807
2,302
7,404
4,009
1,354
5,221
10,197

great Western
North-Western
South-Western
Brighton
Midland
Ihuth-Eastern
Caledonian
Great Northern
Lancashire and Yorkshire
North Eastern
tristol and Exeter
Chester and Holyhead
Manchester, Sheffield, and Lincoln
London Gen. Omnibus Company
North London
North Stafford
Oxford, Worcester, and Wolverh
'Ulster Railway
Ed►nburgh and GlaQgow
Great Western of Canada

1855.
£28,444
57,898
17,216
14,720
28,394
19,637
11,667
19,324
21,506
34,633
6,550
5,390
9,417

2,196
6,430
3,451
1,209
4,944
7,948

Grand Trunk of Canada
Northern of France ....

4,514
35,111

3,930
37,874

Railway Shares are quieter, but generally firm,
as regards the English undertakings. The Foreign
arid Colonial are steady, but very dull. Euphrates
are to premium, Rigas 3to 3i premium, and
Ceylon I.i

Banking and Miscellaneous Shares are well
Maintained.

BRITISH FUNDS THIS DAY.—t. LOBI gG PRICES
( From the Oficial List.)
1313inall done.
Bank Stock
a tier Cent. Reduced Annuities 94i 5 4i 6
New 3 per Cent. Annuities
Long Annuities, expire sth Tan. 1860 —
Ditto 30 Years, expire sth April, 1885 173
India Bonds, £lOOO
Ditto, under £lOOO, l4 p
0 insolo for Account
India Stock
Ditto Account 233 x d
Exchequer Bills, 24d.
£IOOO
' £5BO l3 10 14 p
Small •
PRICES OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds. 5 per Cent. —
Ditto New, 1852, 4i per Cent.
Buenos Ayres Bonds, 15 per Cent. B2 1
Danish Bonds, 3 per Cent., 1825
Ditto, 5 per Cent.
Mexican 3 per Cent 23
Russian Bonds, 1522, £ St., 5 per Cent —
Ditto Account .
... Ditto 41. per Cent.
titrdinian Bowls, 5 per Cent.
liP•nish Bonds, 3 per Cent
Ditto New Deferred, 3 per Cent.
Ditto Account
Ditto Passive 63
LiOanish Committee Cert. of Coup. not fun 7l 7 p 0
•C trkith Bonds, 6 per cent —
Ditto Account 1043 5i 5 43
Ditto Guaranteed, 4 per Cent.
Ditto Accornt
timid, Os on the above .ayable In Lonaor
Dutch Exchange, 2i per Cent., 12 Gull_ G6l
Ditto 4 per Cent. Certificates
THREE O'CLOCK.

C.)ngolq
Ditto Account (July 10)

THE AUSTRIAN NATIONAL DEBT.

private letter, just received from Vienna, from a
perfectly reliAle source, state that Baron Bruck is now
"clinied with the elaboration of a plan, by which the
h
-01 e Austrian National Debt shall be converted into
":11e uniform paper, bearing 5 per cent. interest, the
ITtninal worth in each case being adjusted to meet the
ti4tlge that takes place in the rate of interest. Thus,
14 the place of 1,000 gulden at 214 per cent. there will be
laalled scrip for 500 gulden at 5 per cent. The subse-
qukTt process to which the able financier proposes to
411blect the Austrian Debt when once so uniformly con-
110hdated is the reduction of the rate of interest from 5
‘° 4 per cent.

TRH TRANSPORT SERVIOR.—The mercantile vessels
-41 ployed in the transport service, which some time back
141mbered nearly 300, have been gradually reduced,
Until this week the number actually employed is 128,
41101 Which are steamers. This forms an immense fleet
oosteam power, which when no longer required for the
~,11veyance of troops, stores, and munitions of war home-
ht:ttds must assuredly essentially affect the market for
_ph vessels. The Government, however, release them
'Tali circumspection.

5
5
20
10

206
ma
100
100

20
43
20
20

20
St.
St.
20

312 e

50
4t.
St.

St.
20
St.
St.

20
I 2
25
20

8A
25
10
.0.6,

JOINT-STOOK BANKS:
40 .11 Ametralasts 99 • - 101 100 994 100
25 12i Bank of Egypt -14 p 134
100 50 Bank of London
40 all Sri. Col. Bk.&Ln. O
50 all Rritish N. Amoricar
25 5 Chartd. Bank of AgiP4 p
20 6 Chrtd. Bra. of India,
Australia, & Chins „.
100 50 City 7l -• 73
100 25 Colonial
100 20 Commercial of Loud. „
20 all gng.Boot.&Ana.Cht 17 11'4
20 all Gond. Chart. Bk. of
Australia lB4 -- 19 19 181
20 10 Ditto Now l. Ici
50 20 London and County: — . . 324
100 50 Gnd.&E.Bnkg. Corp par 2.13
50 10 London Joint Stock
100 10 London and Paris— 4 --2. ti
100 20 Gond. & Westminster
100 35 National Pro.of Eng
20 10 Do. New — •
50 22 national of Ireland —
20 all new South Wales 45 47
25 all Oriental Bank pf
Corporation. 4l 42 41*
20 10 Ottoman Bank 2} 24p 124
100 2a erGvincial of Ireland ...
10 all ljo. Now
6 I. Ans B &Go Im
100 50 Royal British ,
25 all ianth Australia . . . . . 17
25: all Crnit.B of Australia._ 13 75 14 34 4
2 Do. 8 •-• 10
50 10 Union of London
100 ". ."
100 5j Western Bk ofLond 4d y 4p 434 50i

1E 811Ait Kb.

Si.
St.
St.
25

81 - 90
117 - 120
1115 117

100
all
1.00
[O3

al)
.11

WO'
all
all
I.oi

95 - 97

100 - 102
16 - 17

100
100
all
all
15
all

...6
- ..
- 64

107 - 112
100 - 105

6
4 -
13 -

4 D!
13
4 pi
i

13:4 - 137

77 -

••• ---
.18 - )20

110 - 112
104 - 106

a IP
9t luj

6 - 6A
96 - 98
89 - 91
90 - 92
100 • 102

10 -10 i
16i - 171
10 -10 i
74 -76
19
-10 i
14t - 15}
1138 - 140

••• ...- vp.

1 ..
1158 - 162

§ - ill

138 - 140
99 - 101
90 -

103 —lO5
93 95
-- d

i Fa

1107 - 109

••• -- •••
14} -15 i

23} -23 i,
102 - 104
10i - mg;

••• ..... 41,

2 - 3p

•21 Sid

1001

138 9
1011

MINES.

PM
Pm

1 all Ikgua Fria ...... . - • ... ...
1 all Anglo Austria. Gold ... ,„
10a all Anglo Californian ... . .
20 7 kustralian ll ii 12
1 all Australian Cordillera ... „.
1 all Ave Maria
1 all Baden (Gd. Duchy of,' ...
50 all Blienar. Iron & Coal .
-
20 14 British Iron 4 6
35 26i Brazilianlmp.(issue,l
at £5 pm.)
30 all Do. Cocaes & Cuiaba 3 36 31 1
20 15 Do. St. John Del Rey 23 - 25 z d
1 / Clarendon Cons. Min.
Co. of Jamaica it -- IP
40 all Cobra Copper 66 68
5 j lA Colonial Gold • ".
St. all Copper Min. of Eng 3O 35
25 all Do. Prof. 71 p. cent 25 27
... 16 Copiapo
2 11 Fortuna. la p
20 all Glenc-tal l4 —l6
1 all Gt.NuggetVeinßeg 1 1
i
41 all Great Polgooth. —
5 all Gt Wheal Vor United .- . id
1 all Liberty •• if -
3 all Linares 8 -- 81
5Ai Lusitanian p— I p
1 all Mariquita. .. 1
1 all Now Granada
1 all Nouveau Monde
20 all Pontgi.Sil..k Le. Min. 101 11
5 1 Port Philip ......
1 all Quartz Rock' ....... a”
50 all Rhymney Iron 26 28
15 all Do. New 8 •-;. 10
30 14i Santiago de Cuba-- 4 41
• Sort. Cons.
6e Min. Co. 21 3
•••
1 all south Australian I 1
1 all Do. Scrip
1 all Da. 10 per cent Prof . . ...
Tam. S. &L. Min. Co. If 21
10 ail Lin Croft .... ........
284 all United Mexican 34 34
1 all Waller -."
1 all West Mariposa 4 i
1 12s. Worthing Mining of . ._
Australia
1 11l Yuba ... ...
MISCELLANBOI:IB.
25 19 Australian Agricalt. 30 32 301
10 all kustraln. Royal Mail .. . . ,
10 all Berlin Water Works 54 6
50 40 '3rit. American Land . ...
100 .-,2? Canada '27 132
Rt. no C. G 0.6 p.c. Jan& 7nly •15 116 11.5
St. 100 Do. 6 p.c. Feb & Aug .. ...
St. 100 DD. 6p c. Mar & Sept ... .„
5 all Crystal Palace 2/ 24 24
5 all 00. Preference 5 54
4 a.] Crystal Pal. of France .„
1 a Duston Iron Ore ... ....
20 15, Eastern Steam
St, 100 Electric Telegraph 92 .—91 i
1 all %lectrio Teleg. of Ir
5 all En.&Aus Cop Sm Co 11 1a 11
5 all Gen. Iron Sc Collier ...
15 14 Gen. Steam Navigat. ... -
16 all General Screw Steam ... - - ...
13#
4 all Lond. Gen. Omnibus 4- _ 41 44 4
20 10 Magdalena St. Navig ... . _
10 all Aediteran. Elec. Tel g , _ In
10 9 Nexican&S.Amerion. 41 44 41
25 5 Nat. Discount Co.
1 all Nat. Pat. Steam Fuel .
" ".
10 5 Netherlands Land '4l 21
20 all Do. Do.
5 2 Do. 8 pcPiss at 1 d i._ip 21
100 80 New B. &N. S. Land 18 . 22
.. ... N.S.W. Gov.6p.c.D. i
...
. ...
j all N. B. Australasian.. , 4 _,z
20 lb Nrth.ofEuropeSteal a '
.•
1 all Oriental Gas .ll ii
1 2s. Do. "Now Shares' , -- Op m
i., all Peel Rr. Ld. & Minx.' , ‘
._ 36 s P
i
56 all Peninsular& Orient al
50 10 Do. New 6e 68
... 54 Sip
100 60 Royal Mail Steam
... 70 -- 72
1 all Scot. Austral. In! eat. 1i li-
-1 4 Ditto New
25 all South Austral: Land 37 38
1 al: Otibme.r. Tel. S crip k -
1k
10 10 all Do. RegistersL i 7 li
2 I 5 Trust& L. Co. Meal)
10 24 Vas Dieulai ea Tame 164 174
v.G0.6p.c.! auSanly ~. ...

JOS -:-. N.