The Sun.
London, England, 1856-09-22 00:00:00

MONEY MARKET

AND

COMIERVIAL INTELLIGENCE.

CITY. Two -,'( 71.,,)01,

The Liverpool C ; tton Market on Saturday closed.
quietly, and prices of all kinds were the same as on
Friday. The sales. were estimated at 13,000 bales,
including 6,000 American (1,500 fo•r export and
1,000 on speculation), 700 Pernam and Maranham,
at 7d. to 74d. (500 for export), 50 Bahia at 6id. to
6id. ; 250 Egyptian, h\t 61d. to 7V.. ; and 800 Surat
at 41d. to sd. per lb. The Rail way Share Market
opened steadily, but a reaction took place, and the
market subsequently clused with some degree of
flatness.

Accounts from the French manufacturing towns
report a slight return to ac4.,ivity at Paris, which
indicates the close of the drill season. In the pro-
vinces, the principal traders who have hesitated to
submit to the increased prices of goods, have been
obliged at last to purcliaGe for their immediate
wants. No improvercient, however, has taken
place in the position of the silk trade at Lyons, on
account of the continued scarcity and high prices
of raw silks. Some arrivals of India and China
silks have relieved the market a little, but these
are not suitable for the stronger tissues, for which
the silki4 of France and Italy are indispensable.
Advices from Odessa of the 7th inst. state that
in cons equence of the numerous shipments of grain
to the Mediterranean, and a gradual diminution
in the .supplies from the interior, there was a gene-
ral rise in prices. Letters received from the neigh-
bourini ; provinces make mention of an unfavour-
able ha .rvest is some districts, so that the arrivals
at that market will not be so abundant as was
expected this autumn. There are few purchasers
for the markets of Western Europe. Old wheat
.is sold : it 10i to 111 silver roubles per tchetwert.
Accoun is from the Sea of Azoff report a middling
crop near the coast, with a more favourable return
from th e agricultural districts in the interior.
The : &limey Market at New York, according to
the adv ices received this morning per steamer Nia-
gara, w as rather easier at the period when the mail
left, bu t this was attributable to the fact that the
general business of the season was later this year
than usual, and it was therefore expected that in-
creased stringency would soon be experienced.
Local writers on this important subject generally
predict an increase in the value of money, and a
consequent decline in the quotations of public se-
curities. They argue that if so much money was
required in a period when commercial transactions
were limited a larger amount of capital will have
to be employed in the development of the
winter trade. The last return published by
the City Banks indicated that the mana-
gers of 'those institutions were still taking
precautionary measures, and limited as much as
possible tlneir loan and discount business. There
was still an excess of imports over exports, the
former in. the week ending September 6th being
'valued at. $4,082,877, and the latter, including
specie, a t $2,175,295, showing a difference of
$1,907,5i 31.

The proceedings at the meeting of the share-
holders in the Royal British Bank, held on Satur-
day, have formed a leading subject of conversation
in City circles to-day. It is almost needless to
lay that the conduct of the directors, past
and present, has been severely animadverted
Upon, for to their gross mismanagement and utter
disregard of the principles of banking must be as-
cribed the loss and ruin that has been inflicted on
those who unfortunately held shares. Acutely as
the directors must have felt the vote of censure
passed upon them, most parties consider they richly
deserve d it. The excitement which prevailed dur-
ing tho meeting was at times intense, and after the
chair •gas vacated those present formed themselves
into fsmall groups and discussed their unfortunate
posi',ion, and condemned the conduct of those who,
tb rough their carelessness and misrepresentation,
huid, in many cases, brought ruin upon them.
The subjoined letter has been received by the
cc anmittee of the Stock Exchange, from the Secre-
te iy of the Crystal Palace Company, relative to an
it regular issue of shares :

Crystal Palace, Sept. 20.

Sir,—With reference to the reports yesterday in
eilmation, as to irregularities having taken place in
the transfer office of this company, I am directed by
the board to inform you that they have caused an
examination to be made of the share register and
transfers deposited in the office from the Ist January,
18.56, to the present date. The result of this, the
directors regret to say, shows some improper dealings
ju regard to the shares, although not to the extent
rumoured. The result, as far as ascertained, shows
about 1,397 original shares, and 682 preference shares
to have been improperly registered; that is to ray, to
have been put on the register without a proper title in
the transferrers, while other transfers to the extent of
1,268 original shares, and 391 preference shares simi-
larly circun-tstanced, have been sent into the office, but
have not be en registered.
A. more complete investigation into the matter is in
Progress by Messrs. Quilter, Ball, and Co., the result of
Which will be communicated to you. By order of the
board.

GEORGE GROVE, Secretary.
Mihill Slaughter, Esq., Secretary, -
Railway Department, Stock Exchange.

The English Funds have been heavy this morn-
ing, but the market is now firmerin consequence of
a'large purchase of stock by an influential dealer.
Consols have been 94 to 944 for money,
and 94i f and 944 a for account. Exchequer
Bills are firm at 14s. to 16s. prem. The New 2i
Per Cents. are 78.

There is not much animation in the Foreign
Stock Market, and some of the quotations have
ruled heavy. Turkish 6 per Cents. have declined
to 102-i- and 104 Spanish Bonds are Srmer,
the Threes being 43 to 43k, and the New Deferred
34i. Sardinian have been 921; Mexican, 22a ;
tuenes Ayres, 80; and Portuguese 4 per Cents.,
49k.

The following are the nominal prices of Foreign
stocks • Grenada Deferred Bonds, 7 to 7i ;
bdexican, 221 to 23 ; Peruvian, 79 to 81; ditto
8 per Cents., 57 to 59 ; Portuguese 3 per Cents.,
45 to 46 ; Russian 5 per Cents., 107 to 109 ;
ditto 41 per Cents., 96 to 98 ; Spanish 3 per
Cents., 421 431; ditto New Deferred, 241 ; ditto
Certificates, 5i 6 ; ditto Passive, 6i 7.

Railway Shares are not very active, and the tone
of the market is heavy. Great Western, Oak-
(lonian, and one or two others are firm, but most
of the principal shares are at a slight decline.
The Foreign Market continues in a dull state, but
some of the Colonial undertakings, including the
Great Western of Canada, are rather higher.
Mining Shares are neglected, but in Banks a
good business has been done at rather lower prices.
Miscellaneous are quiet.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List:
Rnxln^a. done.
2 per Cent. Consols Annnitioe 94 i 4
New 2i per Cent. Annuities
Consqls (or Account
E ca:quer Bills, 2id
£IOOO
Small ..
?RIMS OF FOREIGN FUNDS AT ONE O'CLOCE
aUcnos Ayres Bonds, 6 por Cent. B3
Mexican 3 per Cent 221
Ditto Account
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto, 4 per Cent.
Ditto 1853, 3 per Cent
Sar Milan Bonds, 5 per Cent.
Ditto Account
Bp tnisb Bonds, 3 per Cent
Ditto New Deferred, 3 per Cent.
Ditto Account
Tnrkitii Bonds, 6 per cent —
Ditto Account
Invic eels on the above cayable it Londor
TWO O'CLOC K .

Con gola, money 94
Ditto Account . .

Up to the present time there has been silver to the
amount of nearly 40,000,000 dollars value imported into
Southampton during the present year, and about the
same quantity exported from that port. A great portion
of the imported silver was from Mexico and the Pacific
Pide of South America. Almost the whole of the exported
silver was for India and China.

Isaac Hargraves, Esq., of Tunbridge Wells (14,0001.)
bag bequeathed to the Tunbridge Wells Dispensary and
Infirmary 5001. ; to the Benevolent Medical College,
5001. and 2001. to the Brighton Hospital. Thomas
Reynolds, Esq. (9,0001.), has left to the Norfolk and
Norwich Hospital 1001., and small legacies to 11 other
charitable institutions in Norwich. Benjamin Ogden,
Esq., of Bristol, has bequeathed 2501. to the Royal In-
firma►ry, 950/, to the Blind Asylum, and other charitable
buses%