The Sun.
London, England, 1858-04-29 00:00:00

MONEY IvIATtKET

CSIDI7IER,OTAILL

CITY, Two o'CLocK.
Letters from Liverpool mention that the Cotton
Market yesterday closed quietly, and prices of all
descriptions tended downwards. The sal es amounted
to 8,000 bales, 1,000 of which were taken on specu-
lation, and 500 by the exporters. In the Railway
Share Market only a limited business was trans-
acted, but quotations slightly improved.
A large proportion of the gold lately received
from Australia has been taken to the Continent,
but the movement is not expected to continue at
least on a large scale, for the Bank of France is
not in want of supplies, and little silver is now
required for the East. Specie is accumu-
in Paris as well as here, and at New
York-(/..iso the banks now possess larger
metallic resources than has ever before been known.
This is the natural result of Commercial depression,
and some time must elapse before there can be such
a revival as will bring into profitable use the im-
mense aggregation of capital now lying idle in
all the great centres of trade. Still, how-
ever, it now seems pretty clear that a re-
action in business has begun. At first it
is necessarily very slow, but should it prove
continuous—and there seems nothing finan-
cially or politically to prevent it—the change will
soon be manifest throughout the country. Already
operations in the manufacturing districts, in Min-
cing-lane, and other departments are larger, and
what is of paramount importance, the working
classes are getting more employment. During the
last six months they have suffered great privations,
although mitigated by the cheapness of provisions.
It is sincerely hoped, that the improvement having
commenced it will now make steady prc greys, but
under the most favourable circumstances a return
of general prosperity can scarcely be expected this
Year.

After a brief discussion the Bank of England
directors have separated after their usual weekly
meeting without altering the rate of discount.
This was expected, notwithstanding the extremely
low terms current out of doors, and which show a
difference of zto per cent. compared with the
minimum in Threadneedle-street.

The Annual General Meeting of the East Indian
Railway Company was held this day, at which a
favourable report was presented, stating that the
engineers had been enabled to resume their ope-
rations, which had been suspended since December
last. The revenue accounts for the half-year had
not been received, but it was known that the um-
ber of passengers that had travelled in the alf-
Year was 522,360. This showed a decrease in the
traffic of 26,187 passengers as compared with the
preceding half-year, but gave an increase over the
corresponding half-year of 57,239 passengers.
The tonnage of goods was 70,355, giving an
increase of 6,605 over the preceding half-ye Ir. The
traffic receipts for the opened part were 8,973/.
18s. 81, showing an increase of 5,5141. I Is. 3d.
over the preceding half-year, which, with for-
mer receipts, made the revenue] of the past year
134,434/. 2s. 4d. Some deviation in the line was
agreed to in consequence of the rebellion. After a
short discussion the report was agreed to. The
accounts showed that the amount expended had
been 7,028,013/. 12s. 10(1,, leaving a balance in
favour of the company of 633,8011. 7s. 2d. After a
short discussion the report was adopted.
Increased buoyancy and activity have been ex-
hibited in the English Stock Market to-day.
Numerous purchases have been made for invest-
meat and on speculation, and at one time the
advance was per cent. A trifling reactionary
tendency has since been observed, the rise having
tempted a few sales in realisation , of profit.
Consols for transfer and the 6th proximo have been
97i ft and 97 ; they are now 97 and for June
97 The New 3 per Cents. and the Reduced
Annuities are about 96,i g. India Loan has im-
proved to 1001, and the Scrip is markel 100 k
Bank Stock has been dellt in at 221. 222, and
India do. 223. Exchequer Bills are 395. prom.,
ani India Bonds 18s. to 21s. prem.
Foreign gecurities are quiet, and prices steady.
Turkish 6 per Cents. are 981 99, and the 4 per
Cents. 1041; Spanish 3 per Cents. ar© 44i ; Sardi-
nian 5 per Cents , 91 ; Mexican 3 per Cents., 20i ;
Peruvian 4i per Cents., 821 83 ; and Dutch 4 per
Cents., 99i.
,The following are the nominal prices of Foreign
Stocks :_Grenada Deferred Bonds, 51 6; Mexi-
can 3 per Cents., 20 ; Peruvian 41 per Cents.,
82 83 ; ditto,3 per Cents., 57 58 ; Portuguese 3
Per Cents., 451 46i ; Russian 5 per Cents., 110
112 ; ditto 4i per Cents., 101 102 ; Spanish 3 per
Cents., 44 44/ ; ditto New Deferred, 26i 27 ; ditto
Passive, 7 f•
The last week's railway receipts, ascertained up
to this day, ire in round figures as under
1858. 1857.
Great Western £28,068 £28,439 ,
North-Western
South-Western
Brighten 13,609 14,478
Midland
South-Ea:tern
Great Northern
Lancashire and Yorkshire 22,181 22,815
Chaster and Holyhead
Bristol and Exeter 5,898 6,335
Rest Lancashire 5,896 6,260
Manchester, Sheffield, & Lincoln 9,939 10.228
North-Eastern
North Stafford
Oxford, Worcester, and Wolver 4,101 4,014
South Devon
West :Hartlepool 3,289 3,015
Edinburgh and Glasgow
Glasgow and Sou h-Western
Scottish North-Eastern 3,534 3,472
Grand Trunk of Canada
Great Western of Canada 11,987 14,370
Northern of France
The arrangements for the settlement of the half
Monthly account are now in progress in the Rail-
way Share Market, and mcsi of the dealings have
been in connection with that event. Prices have
been exceedingly buoyant, and most of the leading
lines have advanced about 1 per cent. Caledo-
nian, Eastern Counties, Great Western, Lanca-
shire and Yorkshire, Midland, North Eastern
(Berwick), and Oxford and Wolverhampton,
improved about 1/. Edinburgh and Glet•gow
South Western, and South Eastern, 11. ss.
and Manchester, Sheffielei, and Lincoln, 11. 10s.
The Foreign and Colonial lines have been very
quiet. Lombardi, Venetian improved*, and
Sambre and Meuse ss. Grand Trunk a' Canada
10e., and East Indian ss.
Mines, Banks, and Miscellaneous Shares have
been very quiet, and exhibit little variation of
importance. Caneda Land have declined 1/.
Electric Teleraph improved 1/., and Van Diemau
Land ss.

BRUME FUNDS.—CLOSING PRICES—THIS DAY.
Baak
(Prom the Official Lista Stook
...
221, 2
.
...........
3 „er Cent. Reduced knnaities... 9efe
3 ,er Cent. Consoir Annuities 9qiiiii
N,,,i 1 por Cont. .iiiinitte,
(Exp. sth Jan. 1860) 1 11-16
Long Annuities
• Ditto 30 Years, expire sth April, Ihtss lRa
India Stock
India Loan Debentures ................ ..
Ditto Scrip ..... .
1.-.1 •londe, .C.lOOO ... .....•.. ...... •18 21
oitto, ender £lOOO
2t
Golsols for Account
11 ... .......... . 97a R .
Exchequer Bills, 20, reb. June.
£lOOO.
39 P 134 p
,„
- £soo 36 137 p
I ;i7 p 13.-o,ell.
- - PRICES OF FUNDS—THISBI
Grenada New Active, 2i per Cent.
games Ayres2oi
Bonds,Fi° 6"apEeirGCNent.
Guatemala Bonds, 5 per cent 53
Mexican 3 per , 'ent
.Peruvian Bonds, 4i per Cent B3 2
Ditto 3 per Cent.
Ditto Account
Rus3ian lionds, 1822' t, St., o per Cent —
Ditto, 4i per Cent. lO2l
t i
Sardinian Don.l.s, 5 per Cant.
Bn.niEt, 1101 k-ts, 3 per Cent.
Ditto Account ....
Ditto New Deferred, 3 per Cent.
i -
Tarkl,o ''
.•oncis, s-. 9 8 1 ,
°lois, 6 vir cent .
Ditto A.ccount
Ditto Guaranteed. ; par Cent. ...
Vaneznela Bonds, 4i per Cent
Ditto Deferred, 2 per Ceut. . •••• ••""' 131
Dividends on the Above payable in London.
Dutch Exci,ang.. 2i per Cent, 12 Guilders --
-
.Do. 4 per Cent. Certificates
teruvian Dollar Bonds, 4i per Cent. 57. _ _

_ -
Couloir; moneY
Co or;
(May 6)