The Sun.
London, England, 1858-06-16 00:00:00

COMMERCIAL IIfrELLIGENCE.

CITY, Two o'CLocx.
Accounts from Liverpool report that the Cotton
Market yesterday manifested a heavy appearance,
and prices of most descriptions were without alte-
ration. The sales, were estimated at 3,000 bales.
The Railway Share Market closed steadily, and
quotations were fully supported.
The advices from Australia represent the import
trade at Melbourne as being exceedingly inactive.
Stocks were increasing, while consumption and
emigration .were being reduced. It is stated that
the export of gold was still smaller than it was in
the previous year, but an improvement is confi-
dently expected, especially as machinery is being
extensively applied at the various gold mines.
The vessels that are coming forward from the
colony include the Indemnity, with 11,130 ozs..;
the Red Jacket, with 40,234 ozs. ; the Maidstone,
with 20,682 ozs. ; the Norfolk, with 82,570 ozs. ;
and the Royal Charter, with 93,733 ozs.
A large withdrawal of gold from the Bank of
England, viz., 150,0001., took place yesterday. It
was intended for the Continent, and as there is
now an improved demand for silver further remit-
tances are expected. This movement, together
with the increased demand for discount accommo-
dation, has rendered the present position of mone-
tary affairs rather leas favourable, but as a consi-
derable amount of specie is en route from Australia
there is no reason to apprehend any serious falling
off in the Bank's stock of bullion.
The general enquiry for discount accommoda-
tion in Lombard Street, as well as at the Bank of
England; is decidedly more active, and at the
Scotch Exchange loans cannot now be obtained
under 2 per cent,
The result of the poll, in respect to the late
meeting of the North of Europe Steam Navigation
Company was made known to-day, and was as fol.
lows :—for original motion 1,622 votes ; for the
amendment 15 ; being a majority ;:of 1,607 votes
for the adoption of the report of the directors.
There is a very heavy market for Public Securi-
_

ties, and the tendency is decidedly unfavourable.
It is alleged that there is a large Bill account open,
and the closing of engagements exerts an ad-
verse influence upon ♦alue. Some proba-
batty exists of a few 'embarrassments among
the speculators, the losses in several cases
having been large. The general public still keep
aloof, being unwilling to embark in any hazardous
enterprise, notwithstanding the facilities afforded
in the money market, and the low prices of
several eligible investments. Consols have been
951 to 96, and 95i The New Threes are 951
96 ; theßeduced, 95k 96 ; Long Annuities (1885),
18 7-16 ; Exchequer Bills, 325. pm. for March
and 16 to 21 put. for June ; Ditto Bonds, 1001 ;
and Bank Stock, 221.

Foreign Securities are moderately active, and
prices tend downwards. Turkish 6 per Oents. are
95i ; Sardinian 5 per Cents. 891 90 ; Peruvian
4t per Cents., 86i ; Portuguese 3 per Cents. 46} ;
Dutch 2i per Cents. 66} ; ditto 4 per Cents. 100
Venezuela 41 per Cents. 37/ ; Ditto Deferred 141 ;
and Brazilian Scrip- has been down to 1 discount.
The transactions in the Railway Share Market
have been earemely limited this morning, and 'a
slightly downward tendency has prevailed in one
or two of the leading lines. Eastern Counties
have declined ss. ; Great Western, and Manches-
ter, Sheffield, and Lincoln, 10s. ; and Caledonian,
15s; North-Eastern (York) improved ss. The foreign
and colonial lines are inactive and at lower quota-
tions. Northern of France receded 10s. ; Paris
and Lyons, ss. ; Southern of France, ss. East
India improved ss. Grand Trunk of Canada and
Great Western of Canada were at previous values.
Joint' Stock Bank and Miscellaneous Shares
exhibited no change of importance. -

BRITISH FUNDS.—CLOSING PRICES—THIS DAY.
(Aram the Officus/ List;)
221
95i 6 5/
96i 5,1 65

Bank Stock
3 ~er Cent. Reduced Annuities
New per Cent. Annuitine
Long Annuities (Exp. sth Jan., 1860)....
Ditto 30 Years, expire sth April, 1885... 18 7-16
CoLme for A coot= ...
Rz h3quer Bills. Mareh. June.
£l000
8560
aall
Exchequer Bouds, 1858, 3i per Cent.....—
DUN 1859
PRICES OF FOREIGN FUNDS—THIS DAY.
Braman 5 per Cent.

32

Ditto 1858, 4i per Cent. Scrip....
Peruvian Bonds, 4i per Cent
Ditto Account
Portuguese Bonds, 3 per Cent., 1853
Ru,sian Bonds, 1622, St., 5 per Cent
S irdinian Bonds, 5 per Cont.
Ditto Account _

}~~a~a

861
461
1121
891
90

Ditto New Deferred, 3 per Cent.
Turkish Bonds, 6 per cent
Ditto Account
Ditto Guaranteed. 4 per Cent.
Venezuela Bonds, 41 per Cent
Ditto Account 33
Ditto Deferred, 2 per Cent. ...... ..... —. 14i
Dividends on:the;above payable in London.
Dutch Ezetange, 2i per Cent., 12 Guilders 66i
Do. 4 per Cent. Certificates
TWO O'CLOCK,
_
Consols account (Jdry 8 ). 951 i x d

MARKET NEWS.---(This Day.)