The Sun.
London, England, 1856-07-12 00:00:00

MONEY rifA7,KI2IT

AND
eOlVfivreaClAL INTELL/GENrz.

CITY. Two o'CLoom,

The Liverpool Cotton Marko, yesterday closed
steadily, and a moderate business doing, without
any change in prices. The sales .were estimated at
7,000 bales, including 1,000 taken for export, and
1,000 on speculation. The Railway Share Market
closed quiet, and prices of all the leading shares
were on the decline.

Accounts from Lyons state that the manufacturers
there find a difficulty in obtaining a sufacient
quantity of silk for their wants, consequently there
has been some large importations of foreign silks
during the week. Very little burin ess has been
done in French silks, and these have brought the
high prices of the previous week. It is expected,
however, that prices will become more moderate
when the prod-xe of Italy and Piedmont is brought
into the market. Advices from Naples and Turin
report a limited production of silk this season.
Advices from Havre report an active trade in
grai4 and flour, at full rates. Sales of 12,000
kilos. of Brittany wheat realised 78f. per 200 kilos.;
40,000 ditto, 80f. ; 24,000 ditto, 85f. ; and. 4,000
barrels American flour 45f. per barrel. The market
for coffee was brisk, including a sale of 5,000 piculs
Padang qualities, at 128 f. per 50 kilos., and 600
bags St. Domingo at 79f. to 82f. per 50 kilos. The
arrivals at the port include a vessel h:om America
with 4,572 sacks wheat and 1,991 barrels flour.
The Bank of England Weekly Reti irn completed

to the sth inst. is considered of a very unfavour-

able character, a material decline having taken
place in the stock of bullion and also in the reserve
of notes. It was generally anticipated that the
changes would be important, but not quite so discou-
raging as they have proved. The withdrawal of
gold from the Bank of England for transmisFAion to
the Continent is expected to continue, and it
is stated that the Bank of France is now
effecting purchases of the precious metals. The
various alterations exhibited in the balance-sheet
fully explain why the Directors at the last Board
meeting considered it inexpedient to reduce the
minimum ; and although money out of doors is
still comparatively cheap, it is not improbable that
the discount houses will soon refuse to negotiate
commercial paper at the quotations noiv current.
If arrivals of gold take place from Australia they
Would no doubt exercise a beneficial influence,
as they would supply the present export demand
and check a further decline in the stock of bullion.
The Bank of France Return has formed au import-
anttopic of conversation in the City, and, although
some of the Paris journals endeavour to show that
,• the reduction in the metallic deposits has been oc-
casioned by extensive purchases of silk, wool, dic.,
it 1. g nevertheless believed that financial affairs
in Paris are, at present in an unsettled state.
Active Circulation . £19,946,645
Increase .• 431,390
Bullion .... 12,610,942
Decrease
Rest ....................................
3,284.962
increase
Public Deposits
Decrease
Other Deposits
_ Increase
Eeven-Day and other Bills 849,731
Increase
Government Securities
increase
Other Securities
Increase
Notes unemployed
Decrease
The official return of the exports of bullion from
the port of London for the week ending Thursday
last is as follows :
Gold Coin
..... Belgium ... 25,400 Ozs.
Boulogne ... 370 Om
~ Bars
Silver Coin Hamburg ... 24,000 Ozs.
If If Boulogne ... 2,600 Ozs.
IS 1,
The members of the Stock Exchange are very
much dissatisfied at the manner in which the
shares of the Ceylon Railway Company have been
allotted, for, notwithstanding their money, which
accompanied their applications, has been locked up
for more than a fortnight, they now find that, in
the majority of cases, they have received no shares
at all. In one or two cases influential firms
have received such an insignificant quan-
tity that they have returned their allot-
ments in contempt. It should be remem-
bered, however, that a very small number was

available for distribution, and the only just cause
of Complaint is the delay which has occurred in the
allotments. We should imagine that a week would
have been a trifle, and the expression of feeling
now noticed on the Stock Exchange will, it is hoped,
act as a caution to the promoters of other joint-
stock companies.
Support has been given to the Market for Eng-
lish Securities to-day by purchases of stock on
account, as is reported, of the Court of Chancery ;
but if it had not been for these operations it is pro-
bable there would have been renewed heaviness.
The unfavourable returns of the Banks of England
and France, and the prospect of the money market
not improving at present, have induced parties
to speculate for a decline in prices, and the market
consequently has had a downward tendency. This
morning, however, owing to the circumstances
above alluded to, Consols have risen to 953 to 951
for money, and 951 to 96 for August. The New
Threes are 9G to 97, and the Reduced 951 to N.
Exchequer Bills have risen to 17s. and 20s prem.
Foreign Stocks have ruled quiet. Turkish 6
Per Cents, have been 1031 }, being firmer. Spanish
Thre(is have risen to 451 and 46. Russian Fives
are I. 21, and the 45 per Cents. 981 to 95. Mexi-
can Lock is A higher, viz., 23 to 23.1. Buenos
Ayr s are heavy at 86. The other securities are
gene lly firm.
efa
Tle following are the nominal prices of Foreign
Stocts:—Grenada Deferred Bonds, 71 i ; Mexi-
can, 122/ 3 ; Peruvian, 81 3 ; ditto 3 per Cents.,
57 9 Portuguese 4 per Cents., 49 51 ; Russian 5
per Cents., 112 14 ; ditto 41 per Ceuta., 98 100 ;
Spanish 3 per Cents., 45 61 ; ditto Deferred,
• 241 1,.
For English Railways there has been a quiet and
heavy market. Several of the principal lines, in-
cluding Manchester, Sheffield and Lincolnshire,
and Midland, have been lower. The others are
firmer. The French, Belgian, and Colonial are
generally steady. Rigas aro i lower, viz., 61.
Bengals are 1 to / pm ; Ceylons, 2 to 24 pm. ;
Euphrates, .1 ti ; and Metropolitan, i to 1.
Crystal Palace Preference are at an improvement
of ss. ; Ottoman Bank are steady.

BRITISH FUNDS THIS DAY AT ONk. O'CLOCK.

Pro-0/ tho Oficial List.

n.n.te,--• done.
• 3 per Cent. Reduced Annuities 951 t 4 6
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
India 'donde, £1000
Consols ?or Account
Exchequer Bills. 24d.
£lOOO .......... -.
;:.500
Aml!
.....
Ditto Bonds,. ISSB, 3A per Cont.. lOOl i
Ditto, 1859
PRICES OF FOREIGN FUNDS AT ONO r(;14(), 6
Brazilian Bonds. 5 per Cent.
Ditto New, 1852, 4A per Cent.
E ticuos Ayres Bouds, 6 Ceut.
Mexican 3 per Cent
l)i-to Account 231 3
Russian Howls, 1F,22I I; St., 5 per Cent 1124
Ditto 4i per Cont.
Spanish isolids, 3 per Cent —
Ditto Account
Se -nisi, Committee pert. of Coup. n,t fun. 6i a p o
Tarkith Bonds, 6 per cent .•
Ditto Account
nivi• en is on the a,i,,,,,, •,,,,,,,, 1., r.nriso.
Dutch Exchange, 2i per Cent., 12 Guilders 651
TWO O'CLOCK.
951 4
. 95i i'6

Consols (Money)..
Ditto Account

General Kalergis has left Paris for Plombii)res, to re-
ceive his final instructions from the Emperor before
Proceeding to Athens.
Considerable reductions have been made in the Aus-
trian Customs tariff, varying from a minimum of 15 per
cent, to a maximum of 75 per cent.
Accounts from the Principalities represent the populace
m an excited state, and declaring tumultuously for the
union of Moldavia and Wallachia.
General Pelissier arrived at Constantinople on the 7th
1461. s in the steam-corvette Roland,