The Sun.
London, England, 1858-07-08 00:00:00

COMKERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

Accounts from Liverpool report that the Cotton
Market yesterday closed firmly, and prices were
fully maintained. The sales amounted to 10,700
bales, 1,000 of which were taken by the speculators
and 1,000 by the exporters. The Railway Share
Market manifested a very quiet appearance, and
quotations slightly declined.

From the 30th ult. to yesterday, the period that
will be embraced in the next Bank of England re-
turn, as much as 275,000/. or 300,0001. in gold has
been drawn from the Bank for remittance to the
Continent. That balance-sbest, so far as the item
of bullion is concerned, is, therefore, likely to ex-
hibit an unfavourable movement ; although,
perhaps, not to the extent of the sum men-
tioned- as having been sent away, 13,•cause it
is very possible that a small quantity of gold coin
may have arrived from the provinces. The delay
in the receipt of Australian supplies has necessi-
tated the bullion dealers to obtain from the
Bank the means required for commercial
purposes or the purchase of silver on Eastern
account. As the steamers now take out a
very limited quantity of specie to India,
and scarcely any to China, it is obvious that
there is very little necessity for buying the metal
abroad, the amounts received from the West
Indies being almost sufficient. The presumption
therefore is that the consignments were prin-
cipally in liquidation of mercantile engage-
ments. They will no doubt continue, but
some portion of the remittances from Victoria
must soon arrive, and as upwards of a million
sterling altogether is advised as being cm route,
the bulk of which will be due in the next six
weeks or two months, there is every reason to
ex-pect that with such a large importation the
bullion at the Bank will not suffer any serious
duclenaion, provided no new demand for gold
akfmald arise.

In the first six months of the present year the
amount of gold and silver exported from this
country was 11,037,2001. against 12,900,3901. in the
ea 1110 period of 1857, showing a falling off of
1,369,190/. This is owing to the diminished exports
of silver to the East.

The Money Market has again resumed an easy
an a quiet appearance. After a brief period of ex-
citement, resulting from the simultaneous payment
of a variety of engagements, the demand has re-
laxed, and the value of accommodation has
descended to 21 per cent.
The transactions in the market for English Secu-
rities are chiefly connected with the settlement,
an a the late advance in prices is not fully supported.
Sy rapt oms of reaction set in) esterday afternoon,
and the market now appears rather uncertain. The
Bank broker has made a purchase of 30,0001. Re-
duced Annuities, bat this had little effect upon
quotations. Consols have been 95i for money,
and 95a. for the August account ; they are now
90 9-16ths, 11-16ths for the latter. The New
3 per Cents. are 95i- b ; and the Reduced Annuitie.,
95e 2.; Bank Stock, 220 to 222 ; Long Annuities,
182 ; India Debentures, 99. The March Exche-
glum Bills are marked 345. prem., and the June
Bills 20s. to 21s. prem.

Foreign Securities are moderately active, but
prices have, in some instances, declined. Turki4h
6 per Cents., 96 96i ; ditto 4 per Cents., 104,3- ;
Spremish 3 per Cents., 44 ; ditto Deferred, 27g ;
Peruvian 41; per Cents., 89 90; Portuguese 3 per
Cents., 45 ; Russian 5 per Cents., 112} ; and
Peruvian Dollar Bonds, 72 731,
laLt, yrcucascertained up
to this clay, are in round figures as under :

G 1858. 1857. I
North-Western Great Western
61
South-Western
17,135
Brighton 19,130 16 967
31,131 32,544
South-Eastern 22,571 21,150
Great Northern 20,732 21,550
Lancashire and Yorkshire 25.923 26,694
Bristol and Exeter 6,962 6,979
Lancaster and Carlisle 6 678 6,773
Manchester, Sheffield, & Lincoln 10.022 11.443
North-Eastern .
33,844 35,731
Oxford, Worceste;' *
*
; ****** 4,291 4,659
West Hartlepool
Edinburgh and Glasgow 5,291 5,580
Glasgow and South-Western **
" 6,975 7,387
Grand Trunk of Canada
Great Western of Canada 7,722 9,131
A. Very moderate business has been transacted
in the Railway Share Market this morning, and
prices in most instances have exhibited a further
alight decline notwithstanding the improvement
exhibited in the traffic returns of some of the lead-
ing lines. Great Western, Lancashire and York-
shire, North-Western, Midland, and North-Eastern
(Berwick), declined ss. ; Great Northern, 10s. ;
North British, 11., and South Wales, 21. ; Cale-
donian have advanced ss. ; and Lancashire
and Carlisle, 11. 10s. The Foreign lines
are almost neglected. Northern of Franca have
declined about ss. In the Colonial Market only
a limited business has been done. East Indian
have improved 10s. ; Great Western of Canada,
ss. ; Grand Trlink of Canada and Great Indian
Peninsula are at previous values.
For Mines, Banks, and] Miscellaneous Shares
there has been very little inquiry. Bank of
of Australasia have improved 10s., and Oriental
Bank declined ss. Electric Telegraph have ad-
vanced to 107, and Peninsular and Oriental Steam
declined to 781.

'BRITISH FUNDS THIS DAY AT ONE O'Ci OCK:
(From the Official Ltst:)
tatk Stock
Three per Cent. Reduced. Annuities 9sh i i
3 ""' , - -.-. Annuities 95,i
liew Three per Cent. Annuities 951 if 3 1
Long Annuities, expire sth Jan. ISiio 1
Ditto SII Years, expire sth AO., 1885 ISA
- . India Loan Debentures
eensols for Account (August)
4chequerilills—
£looo
£500
953 i
March. June.
I'looo I 20 22 20
1 18 22
Sinai' ...............................
PRIORS OM FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian ' per Cent..,,,, .............. .
Ditto Scrip, 1858...... .... --
Peruvian Bonds, 411 per Cent......... .........
Ditto Account
Portuguese 3 per Cent.

....... . 1 i d
.... t 59
...............

pL, 1853 451
Russian, 1822, £ St., 5 per Cent ll9l
hnish i3Wids 3 per Cent.
Ditto New Deferred, 3 per Cent. - - Ditto Account ....
bittL Passive 27
Truikildi Bonds, 6 per Cent. 8 4
Ditto Guaranteed 4 p'r Cent. 94i1013
Dividends on the :Above payable in London.
Peruvian Dollar Bonds, 4i per Cent 73!, 2
Two
Consols, money 953
Ditto August account ..........

DEATH Or ASSISTANT SURGEON DUDIBRECK, 97TH
REGnIENT.—Many will observe with regret in to-day's
obituary the decease, at Lucknow, of this promising
young t
heowsman. Althoughry only twenty-four years of
a had se. through the whole Crimean
campaign, and latterly accompanied General Franks
through the Indian war, and was present at the fall of
Lucknow. jlis professional zeal and his many personal
good qualities procured him, in no ordinary degree, the
esteem and affection of his brother (Arleen, and the
announcement of his career having been so early cut
short will be received with great pain by many friends in
ScotlAnd.—Scotsman,
SCULLERS' RACE FOR 101.—A 1(
very exciting scullers'
race for the above amount (5/. a-side) cam:) off yesterday
morning, from Putney-bridge to the New Chelsea-bridge. 1(
The competitors were M. Thornton and J. Campbell,
two amateur rowers of -the class denomirated "trades- 1,
men." A referee having been appointed, the men got to
their stations, Campbell winning the toss. They got
very evenly together at a clipping pace, and were scull
and scull to the Feathers, when Campbell took the
lead, 1
which he maintained to the 0!,1 Swan, when Thornton
took it from him, and, after a most exciting contest,w
m by about three or four feet.
The Union Bank of AuFrrali4have agreed with the 1(
Treasury for the loan of 500,000/., guaranteed by the it
Imperial Government under as Act o; the last session,
for the service of New Zealand, and a considerable por- . f
tion of the amount is in course of transmis:iion to the
colony. It is understood the directors intend shortly to
offer a large portion of these bonds for public subscrip-
tion, and that they will probably invest their reserve
11(
fund in the remainder. Both principal and interest being
secured on the Consolidated Fund of the United King- ) ;
dom, the bonds will con-titute a very de-iranle security
for permanent investment. They have 30 years to run
from the date of issue, and bear interest at 4 per cent.,
principal and interestbefit England. g payable at the Bank of 1