The Sun.
London, England, 1858-07-28 00:00:00

MONEY MARKET

AN D

COMMERCIAL INTELLIGENCE,

CITY, Two O'CLOCK.

Accounts from Liverpool state that the Cotton
Market yesterday presented a very heavy appear-
ance, and prices of all descriptions tended down-
wards. The sales were estimated at 6,000 bales,
1,000 of which were taken by the exporters. In
Railway Shares a moderate business was transacted,
at about former values.

Advices from India, although perhaps as favour-
able as could be expected, do not report general
activity. It is nevertheless remarked that there
was a better demand for manufactures, and this fact
is encouraging for those engaged in the trade of the
North of England. From Australia also recent
accounts are encouraging in this respect, while in
America there likewise appears to be a progressive
improvement. These circumstances will all tell
eventually upon the commerce of the United King-
dom, and when once activity is produced, the re-
action from the state of depression lately witnessed
Will, in all probability, be more important than
many are inclined to anticipate. Notwithstanding
the general inactivity prevailing in most branches
of business, it is satisfactory to observe that few
complaints are made, both principals and employes
awaiting a favourable change with exemplary
patience ; and there seems every reason to believe
that before the end of the year they will experience
a marked improvement, as the tendency in that
direction is evidently very encouraging. In France
there are also unmistakeable indications of a re
v►vat of commerce. The letters from Paris, Lyons,
Marseilles, and other places all report inerea-ed
transactions, which were causing an augmented
demand for money. The Bourse, however, still
continues very much depressed, in spite of the
numerous measures which have been adopted for
the purpose of promoting an improvement in the
quotations, which, although tolerably steady, do
not advance.

It appears that gold is 1-10th per cent. dearer in
London than in Hamburg, but it is 2-10ths per
cent. higher in Paris than in this market.
The Foreign Exchanges yesterday afternoon
'were firm, but without alteration.
The inquiry for accommodation was not increased
to any important extent, but the applications in
some quarters are stated to be rather more
numerous, probably in consequence of the prepara-
tions for the 4th of the month, and other engage-
ments. No alteration has taken place in the quota-
tions, which still range as low as 21 per cent. At the
Stock Exchange also, the va'ate of money is very
Moderate, loans being obtainable on Governm, nt
Securities at 11 per cent, In the course of a few
443% the settlements will probably increase the de-
?need, although the terms for " carrying over "
ere exceedingly easy.
It is expected that a fair proportion of the gold,
ex the }leather Bell, will be sent into the Bauk.
The half-yearly meeting of the United Mexican
-,..,4ining Association took place to-day—Sir John
-e,asthope, Bart., in the chair. The report stated
that the operations for the last five months had
left a loss of 2,026 dollars in addition to the ex-
Penses of the establishment, but there was 48,000
4. °ls. worth of ore at the mines. The cash balance
111 London was 2,4401.
~,NO variation of importance has taken place in the
English Stock Market, but the prices appear very
steady. The transactions, many of which are con-
nected with the approaching settlement, are
limited, attention being directed to the liquidation
of the account in Foreign Stocks and Railway
Shares. Consols for transfer have been 951 but
they are now 95i I, and the same for the account.
The New Threes and the Reduced are 961 ; 5 per
Cent. Annuities 115 ; Long Annuities (1885), 181 ;
Exchequer Bills, March, 355. to 38s. prem. ; June,
228. to 255. prem. ; India Bonds, 18s. prem. ; and
ditto Loan Debentures, 99g.
1), the Foreign Stock Market business is active
and prices are steady. Turki.h 6 per Cents, are
94i to Osi Brazilian 5 per Cents., 103 i ; ditto
dis. to 1 prem. ; Equador New Consolidated,
(71 ; Grenada New Active, 20i ; Mexican 3 per
19i ; Portuguese 3 per Cents., 451 t 46 ;
13Ardinian 5 per Cents., 901 ; Spanish New De-
fzerred, &
274
uela per Cents., 391 ;
1; Peruvian Dollar Bonds, 761 ; Vene-
and ditto Deferred, 15.
A. very limited business has been done in the
havejlraY Share Market to-day; and the variations
oined sbleers. ilto 1 per cent, Caledonian have de-
; Midland and North Eastern (Berwick)
• ;and Lancashire and Yorkshire, ss. to 10s. ;
ftforth-Western, North British, and North Staf-
ford, have improved
5 ss. ; and Great Northern,
d'
.I.et .3.. The foreign and colonial lines are very in-
showand little variation from previous
quotations. Pernambuco improved about ss. ;
,paid Trunk of Canada declined 5s ; and Great
jusciStern of Canada, ~ss. ; East Indian, Great
lan Peninsula, and Geelong and Melbourne
Lunglit previous value .
rnt-Stock Bank and Miscellaneous Shares
ralltinne steady at former values. Bank of Egypt
68Pr"ed ss. ; London and Westminster declined
' ; And Bank of London advanced ss.

13111 PISH FUNDS.—CLOSING PRICES—THIS DAY.
(Prom the ()Metal List:)lla4lt Stock
225 i 6i 4 6
1,,,..
37._
ee per Cent. Reduced Annuities 96 I
95i
A.tin iiti....
Ilew Thr
96 i
p, ee Der Cent. Annuities , r Cent. Annuities. ll5
41°,111.!. Annuities, expire sth Jan 1860 —
Ditto Deben.
iitttosto3coit Years, expire sth April, 1855 18,
.t.u.r..e.a.
:59a ebitto Bonds, £lOOO .. ...
onsols for Account
40003 i
klehequerßills March. June.
ksoo..
35 8 I
25 2
1
. 22 5
........... • — 1
~,
~ . .............................. , _
1 23 2 6
"4 ..............................

FOREIGN FUNDS.—THIS DAY.
•h ,
urasdian 5 per Cent lo3l'
Ditto 1858, 4A Der Cent.
par 1 pm
h Ntt° Scrip 1858 .. . ................... . h 'll' 4
-lehos ‘yres,Bouds, 6 per. Cent. •
791
~. Ditto Deferred ..... . ... ................. .
41.tiador New Consolidated ... ............
Ditto Provisional Land Warrant
tivenada New Active, 2i per Cent
at,._ Ditto Deferred .. .
exican s per Cent .................. •
Feravian Bonds, 4A per Cent .........
Ditto 4i per Cent. Urribarren
~, Ditto 3 per Cent ........................
',°rtlign se 3 per. Cent., 1853
rdinian 5 per Cent
'Dkuittk iektle, 3 per Ant ....... . -
13i'tc New Deferred, 3 per Cent.
sbittt. p • .
B,i
. mama
Tar Cert. of Coup. not funded sii
kish Bonds, 6 per Ce,r.t.
39a
la lionds,s per Cent
Ditto Deferred, 2 per Cent. ......
Nvidend. on the above payable in London
Peruvian Dollar Bonds, 4 per Cont 761 51 61
C THREE O'CLUCK.
onsols -
\• • • 9 mono

Ditto n'ocount7
951 i

IT NEWS.—cries Da

CORN EXCHANGE.

;The supply of English wheat on offer here today was
411 moderate. Compared with Monday there was a better
tee, lino in the demand for good and fine parcels, at fuEy
h'itat day's quotations. Inferior qualities met a slow sale,
about stationary prices.
„ Foreign wheat, the imports of which since Saturday are
1,010 quarters, met a dull inquiry, but no actual
',,_!a,ge took place in the quotations.
leating cargoes of grain were a slow inquiry.
f„,lve had a good consumptive demand fur barley,'
at very
tor ID Pricesterms. In malt, however, very little was pas3ing, on
Oa
ager .
be °,l ans, and peas were Very 2.-= 2.r.1 quite as dear
Mond.
/lour soldslowly, on former tcrm3.

ARRIVALS TUTS WEEK.
Wheat. Barley. ' Malt. Oats. Flour.
650 160 470 410 €2l
_ 1,000 --

gash
riah
.........
Poreiga ..... 1,010

24250 - 21"

BORO-17G17 HOP.
rcr all kinds of hope the demand continues very in-
-1.431,iive. In prices, however, we have no change to notize.
The Plintation accounts are still favourable.

warrEcaAPEL.
The supplies of meat were only moderate, and the trade
generally ruled steady, as follows moderate,
pet froze 3s Cd to 448 4cl; mutton, 3a 2d to 4a 4d;
'ls (i to Zd Gel ; veal, Ss id to ts 6.1; pork, 35 °CI to
4/3 Od %be hp the moue.

20
20
I 0
.4.