The Sun.
London, England, 1858-07-17 00:00:00

MONEY MARKET

AND
0014BIERCIAL INTELLIGENCE.

CITY, Two o'Cnocal.
The return from the Bank of England, for the
week ending the 14th inst., shows some important
. variations. In the bullion there is a decrease .of
about half a million, consequent upon tl:e late
large shipments to the continent and the tardy
arrival of supplies from Australia. The public
deposits show a considerable decline, owing to
the payment of the usual half yearly divi-
dends, while in the private deposits there is
a large accumulation. The private securities, owing
to the repayments of the advances made by the
establishment during the closing of the transfer-
books, show a very large decrease. In the reserve
of notes there is a falling off of about three quarters
of a million, and the actual circulation has been
extended to about a-quarter of a million. In the
other items of the balance-sheet there is little
alteration requiring special comment—they will be
Been in the following table :
Active circulation
Increase24s 590
Bullion
Decrease 509,991
Rest
Increase
Public deposits
Decrease 4 469,639
Other deposits 15,616,388
Increase
Seven-day and other bills
Increase
Government securities
Decrease .. 104,941
Other securities
Decrease
Notes unemploy—e—ri ...........................
9,938,235
Decrease
The Specie. movement is at the present moment
attracting considerable attention among the specu-
lators at the Stock Exchange and others interested
in the subject. Besides the 405,0001. brought by
the Royal Charter, about 166,4001. has just
ueen announced by the Shooting Star, also from
Victoria, and in a few days 138,8001. in Australian
gold, via Suez, will be received by the European.
The announcement of these supplies, a large por-
tion of which will, no doubt, be absorbed for ex-
portation to the Continent, has not stopped the
eMux from the Bank, but it haa checked it,
only 12,0001. having been taken from that estab-
lishment yesterday. The Orinoco, which is ap-
Pointed to leave for the West Indies to-day, takes out
8,800/., but the Magdalena, just in from that quar-
ter, has, it is believed, brought a large amount.
There is a limited demand for that metal on Eastern
account, and the Colombo, on the 20th, is not ex-
pected to take out more than 50,0001. or 60,0001.
The decline shown in the stock of the precious
metals at the Bank is larger than was expected ;
but the partial employment of coin in the pay-
Ment of the dividends has no doubt assisted to
increase the outward movement.
The Liverpool Cotton Market yesterday closed
quietly, but prices were fully supported. The sales
were estimated at 8,000 bales, 1,500 of which were
taken on speculation and for export.
It has just been mention©d that the Magdalena,
from the West Indies, has brought $1,194,000,
or about 240,0001., and the Persia, from New
1.(3k3 $570,180/., or 114,0361.
Since Monday last the imports of specie have
ueert about 922,9921., and the exports 8801., exclu-
sive of the following shipments direct from London
to the Continent during the week ending Thursday
last

Gold Coin Boulogne ... 340 Ozs.
Silver „
7, Bars Hambro' ... 600 ,/
The Market for English Securities has been very
firra to-day, and the few transactions which have
taken place have been at enhanced rates. Consols
have been 951 I for money, and 952 8 for account,
being a rise of 8 per cent. A few purchases for
investment caused this advance. The New Three
Per Cents are 95/ 96 ; the Reduced, 95/ 1. The
New' Two- and-a-half per Cents 791. India De-
bentures, 992. The March Exchequer Bills,
305. prem. ; and the June ditto 225. to 25e. prem.
Bank Stock is 222 to 221.
A fair amount of business has been transacted
in the Foreigm. Stock Market, and prices are steady.
Turkish 6 per Cents. are 95/ i; ditto 4 per Cents.,
104/ 105; Spanish 3 per Cents., 433 e 4 ; Sardinian
6 per Cents., 89/ ; Brazilian 5 per Cents., 103 ;
ditto, 4i per Cents., 98 ; ditto Scrip, 4 to'/ dis. ;
Buenos Ayres 6 per Cents., 804 ; and Venezuela
6 per Cents., 351. '
in the Railway Share Market this morning
a very limited business has been done. With one
or two exceptions, prices have been well maintained.
Caledonians have declined about 1/., and Great
western 10s. ; North-Western improved 155,, and
ellth-Western, North British, and North-Eastern
(York), 10s. Great Northern, Brighton, and several
others, were at previous quotations. In the Foreign
and Colonial market there is little alteration to
report, with the exception of Grand Trunk of
Canada, which have declined about 11. 10s. East
-uclien have receded 10s., and Geelong and Mel-
bourne 10s.
jeiet• stock Bank and Miscelleneens SLares
'aye been in moderate request, and realised a
Cight advance on previous rates. British North
IZerican improved ss. ; London and Westminster,
~8* Electric Telegraph, 15s. ; and Royal Meii
mteepl, los.
1311,1

11811 FUNDS.—CLOSING PRICES—THIS DAY.
(From the Official List;)
222 4
'tank Stock
T
951
3 pee Per Cent. Reduced Annuities
95i 1
New "11 ~,intioir Annuities
95i 1 6
11...."7 Lnree per Cent. Annuities
79A
iivit2:oper Cent. Annuities ••
Ong Annuities, expire sth Jan. 1860 —
3)* ;1004dYse, a'lsioeomop ire:. 5. t. 1. i.. A..
...... . ':i.B'f
1.1: ili
intid.i. t.' up, ler 11l olio
..,0 la Loan Debentures
nsols for Account 90_
x,xcheonerßills March. June.
4000 .
.. ...... I 25 22
Saint ................................................................ 35 / 22
Brazilian FOREIGN FUNDS.—THIS DAY.
r Cent
Ditto 1852,pe 4A per Cent. I
ueno Ditto Scrip, 1853 ...
•
Zs Ayres Bonds, per 6 '9B
Cent. —d
Ditto Account, 2 .........
** Vi
Ditto Deferred.. .......
x.... :
i)ctuador New Consolidated .................• 14 I
ortugu,se 3 per Cent., 1853 .. .
Ditto Acc0unt......... ... ............ --
Rardinian 5 per Cent,41........................
Ditto sh Ben nis,
cou 3 per wit. ..........
Bv4
kish .........
,Ac ().. 43A i
Tur Bonds nt
6 per ...... ....
***************
Ditto Guaranteed 4 per Cent: **************
17341
Ditto Account ***** . . 105
*******
•Vanczuela Bonds,s per Ve.a."---- 3BA
Dividends on the above payable in London.
TWO (YOLOCK.
Consols, money
Ditto account.
sii9
....t4•............7.n.m.newa5......ammark,
of APOTHECARIES' HALL.—The following are the names
ri. Centlemen who passed their examination in the
fmce and practice of medicine, and received certifi-
'Mn to practice, on Thursday, July 15, 1858 :—William
Nt.
Ellan Lynn, Norfolk ; Frederick Hezekiah Hargood,
llabary place Islington ; David Corliet, Orsett,
88,tx • Jilin. Trylor Featherstone, Bristol ; Edward
Lbl'C'Otn'er; 'herusey 'John George Braden,Kelvedon,
es ex ; Alexander Richard Croucher, High-street,
'''ll, 1 telwell ; Samuel Picken, Plymouth ; William Daniel
',I Man,German'. Paul Belcher, Burton-on-Trent ;
''',,,phen John Frederick Stafford. Beeeles ; Robert
"4";friolds, Dowondora, near MelLourne, Victoria.
r., 7.I.OANCIES, APPOINTMENTS, AND PROMOTIONS IN THE
s'Al\ rIL SERVlCE.—TheForeicin Department : Mr. Charles
4,1,11150 n, secretary of embassy, Constantinople, has
f"etyn appointed Envoy Extraordinary and Minis-
Cr Plenipotentiary at Teheran, Persia, vice the Hon.
N. Murray, C.B. The Dome Department: Ti.eyn-
*Pe.storship of coal mines for AlOntnCUtb, Gloucester,
,a,nd Somerset, has become vacant by the death fMr.
-°1 e rbert Francis Mackworth.—Civil Service Gazette.
n 21:MR01:LUNT LEGAL DECISION AFFECTING COTTIGE
rrlEllS.—During the past week the Liverpool btipen-
l",jell _7, Mr. Mansfield, has been considering a case, in
Mr. Henry Rooks, the owner cf a considerabi e
tii.i,eunt of cottage property, is the defendant, and the
-141t.orpool Corporation the plaintiffs. Mr. Rooke seeks
*34e toption from the payment of water sate on certain
'we, ikly rentals.of 4s. 6d. (though willing to pay the rate
-,llPi in 45.), on the ground that though he receives 43. 6d.,
the odd sixpence is absorbed by other rate charges, and
the ,t 4s. is the nett weekly value of the property to him.
N',l,lterday Mr. Mansfield decided in favour of the
cog. m of the Corporation, observing that the act re-
shed the "annual value" as the basis cf assess-
n?ei at, and that the actual rent paid must be con-
saidered as the oLly true and legal measure of
lie h annual value. This decision, by consent of Mr.
(3.o.ke's solicitor, was applied to other cases, in which
the principle was the same though the rents wire diffe-
tett' t. The solicitor for Mr Rooke announced his intention
14, s,ppealing against the *decision to a superior court.