The Sun.
London, England, 1858-03-24 00:00:00

6-1:T-E-Y
MARKET

AND

COMMERCIAL INTELLIGENCE. Isi

CITY, Two o'CLocit.

In the Liverpool Cotton Market yesterday there
was lees animation, but the values of most descrip-
tions were unaltered. The sales were estimated
at 6,000 bales. The Railway Share Market closed
steadily, and prices were fully maintained.
The Silver Market continues in a very quiet
state, owing to the subsidence of the demand
for the East. No change has taken place in
the quotation for bars, but the dollars brought by
the last Mexican steamer have been sold at 4s.
Hid. per oz., showing a decline of id. per oz.
Very small supplies of this metal are now received
from the Continent, and as the remittances of gold
from this side are proportionally limited, nearly all
the Australian and other consignments are taken
into the Bank and added to the stock of bullion.
About 29,0301. went in yesterday, which, together
with the amounts previously deposited there, has
raised the total stock of the precious metals to a
much higher point than was obtained at the last
weekly return. Yesterday afternoon the rates of
Continental Exchange tended upwards, and rather
more business was transacted. _ _

-
The negotiation of the Indian loan will probably
be commenced to-morrow, or on Friday. It is
generally understood that 5,000,0001. only will be
asked for in the first instance, and that the instal-
ments will be made monthly. If this be the course
pursued, the absorption of the whole amount, viz.,
8,000,0001.,:will not cause any material disturbance
in monetary affairs.
A reduction in the rate of discount to the extent
of i per cent. to-morrow is not considered impro-
bable. It is true that the measure would not bring
very great increase of business to the Bank, for the
simple reason that, trade being dull, the supply of
good bills is very limited. At the same time, how-
ever, if the Court are governed by precedent, an
alteration will not be long delayed.

A meeting of the Alliance Bank has just been
held in anticipation of the general one to be held
in Paris on the 29th March. Mr. Stokes, the
manager, read a statement, which gave the ap-
proximate result of the profit of the last half-year
as 8,2001:, for which a dividend at the rate of 5
per cent. per annum was proposed. A large
amount of securities remained to be realized, when
a bonus would be probably divided amongst the
shareholders at the next meeting.
The Stook markets remain in a most inac'ive
state. The daily reports of the business transacted
continue of the most uninteresting character, as
the quotations seldom vary more than 3/4 to / per
cent. A few large purchases would, no doubt,
have the effect of causing a further improvement.
The market is strong with an upward tendency.
Consols have been 961 to 97, and 97 to 971 for
money ; for the account they have been 97 to 971.
The March Exchequer Bills are 38s. to 40s. pre-
mium ; and the June ditto 375. to 40s. premium.
The Bonds are 101 to 1011.
The following are the nominal price 3 of Foreign
Stocks;—Grenada Deferred Bonds, 51 61; Mexican,
191 201; Peruvian 44- per Cents., 81 82; ditto 3 per
Cents., —; Portuguese 3 per Cents., 45 46 ;
Russian 5 per Cents., 109 111 ; ditto 41 per Cents.,
99 101; Spanish 3 per Cents, 44 443/4 ; ditto New
Deferred, 261 I.
Business in the Foreign Stock Market is mode-
rately active, and prices do not exhibit much
alteration. Turkish 6 per Cents. are 1011 /, and
the 4 per Cents. Rominal. Buenos Ayres 6 per
Cents, are 78 ; Equador New Consolidated, 141 ;
Portuguese 3 per Cents., 45/ ; Russian 5 per Cents.,
110 f 111 ; ditto 41 per Cents., 1001 ; Sardinian
5 per Cents., 91i ; Spanish 3 per Cents., 44i ; and
ditto Passive, 6i.
In the Railway Share Market this morning,
rather more activity has been apparent, but in
most instances a slight decline may be noticed in
the prices realised. North British, North Eastern,
Berwick, and South Eastern receded 55., and
Caledonian, Eastern Counties, and Lancashire and
Yorkshire, 10s., Great Northerns improved about
ss. The Foreign and Colonial lines have been
moderately active. Paris and Lyons have declined
about 55., Scinde, 55., and East Indian 10s.,
Grand Trunk of Canada improved 10s., and Great
Western of Canada, 15s.
Mining Shares have been very dull. Par Con-
sols were dealt in at 18g.
For Joint-Stock Bank, and Miscellaneous Shares
the inquiry was extremely limited. Bank of Aus-
tralasia were at 85i ; London and Westminster,
45; and Provincial of Ireland, 62. Peninsular
and Oriental Steam Shares are at 784 ; and Lon-
don General Omnibus Co., 31.

BRUISE FUNDS.—CLOSING PRICES—THIS DAY.
(From the Offictal List:)
Business lop..
3 per Cent. Consols Annuities 97 i 63- 7i 7
1 -is. Bonds, £1000
Ditto, under £lOOO 2l 7 p
Consols for Account
Escheqr er Bills, 244 March. June.
£lOOO ...•" 4l 38 137 40
UOO 37 9 I
- B n all .
Exchequer Bonds, 1558, 34 per Cent.... 991
Ditto. 1359
PRICES OF FOREIGN FUNDS—THIS DAY.
Buenos Ayres Bona, 6 per Cent.
Ditto Account 7B
Ditto Deferred, 3 per Cent. .
Equador New Consolidated l4l
Portuguese Bonds, 3 per Cent., 1853
Ditto Account 45
Russian Bonds, 1522, £ St., 5 per Cent llOl 11
Ditto, 44 per Cent. lOO4
Sardinian Bonds, 5 per Cent.
Sp ,tnish Bonds, 3 per Cent.
Ditto Account
DM, Passive 6
2
T arkish Bonds, 6 per cent
Ditto Atcount _ lOl
Dividends on the above payable in London.
1 Gl ABB O'CLOCK.
Consols money ...
Console for Account, (April 8)

10i i 11