The Sun.
London, England, 1858-06-23 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two. O'CLOCK.

Accounts from Liverpool report that the Cotton
Market yesterday closed heavily, and prices of all
descriptions were without material alteration. The
aalea were estimated at 5,000 bales, 1,000 of which
Were taken by the exporters. The Railway Share
.elarket presented a quiet appearance, and the bu.si-
lleee was limited, but values slightly improved.
The general state of business in the manufacturing
'list-riots, although still inactive, is perhaps quite
IS favourable as could reasonably have been ex-
pected. This is generally a dull season, but the
acivices both from America and Australia being more
satisfactory, must encourage the millowners to look
forward with some degreeof confidence to the future.
an improvement here being dependant upon a reco-
very in foreign and colonial markets, the favourable
'enure of the recent intelligence must be regarded
as satisfactory.
The demand for discount accommodation con-
tinues very animated, and the tei ms charged for the
inegotiation of commercial paper have consequently
"een advanced. The movement in the rates, how-
ever, has been limited to an Bth or a per cent.
411 d as the supply is liberal, no difficulty is ex-
tetienced in getting all the assistance required. I t
generally supposed, however, that in the space
°f a few weeks the inquiry will again subside, and
'the dividends will then be in course of payment,
the market is considered likely to resume its
Previously quiet and easy appearance.
The traffic returns of the principal railways this
week are expected to be more satisfactory, the re-
Potts concerning them being of a fav ourable cha-
4eter.

Accounts from Paris state that the Bourse_is still
l'erY feeble, and some disappointment had been
bltuaed by the reaction in prices. The negotiations
between the Government and the railway com-
Patties were still in progress, and it is not expected
that the question will be immediately decided.
The Market for Public Securities is firmer to-
-47, and a rather larger business has been trans-
leted. Among the principal transactions was a
Purchase of 15,0001. Reduced by the Govern-
Illetrt broker. Consols have been 95i and
15i ; they are now however rather heavy, viz., 95g.
The market is easily affected by a small sale or
purchase, but the general tendency seems favour-
able. The New Threes are 95Z 96i ; the Reduced
96i ; Long Annuities, ; Exchequer Bills
(Ruch), 325. to 365. pm. ; and ditto June, 18s. to
228. prem. ; Bank Stock is 221 ; and India Loan
Debentures
are 99i.

An upward tendency is apparent in the Foreign
*took Market, but business continues quiet.
Turkish 6 per Cents. are 951. Russian 41 p^r
tas. 1011. Sardinian 5 per Cants. 90. Dutch
I Per Cents. 101 k. Portuguese 3 per Cents. 47.
44c1 Brazilian Scrip 1i to 1 discount.
There has been a moderate business reported in
the
Rail way Share Market, and in most instances
Prices have improved to a slight extent, as it is
i4Pected that the traffic returns of most of the
'Ming lines will show some improvement. Caledo-
t;ittus, Eastern Counties, Midlands, North Eastern
Ltterwick), and South-Eastern, improved ss. G: eat
Western, Lancashire and Yorkshire, and North
British,los. ; Nurth-Westeru, and Stockton and
Darlington
declined about ss. In the Foreign
,Ines the transactions were confined to Paris and
'Yens, which declined about 10a.

The Colonial •undertakings were a shade firmer.
Ea at Indian advanced 53 ; Great Western of
Canada, Fs ; and Great Indian Peninsula, 5.3.

Joint Stock Bank Shares have been very quiet.
London and County improved 5s ; and Union of
suatralia, sg.
Iu tho Miscellaneous Market Canada Land
shares have improved about 4/.