The Sun.
London, England, 1858-07-24 00:00:00

COMMERCIAL INTr.T.T,TGENCE.

CITY, Two O'CLOCK.
The return from the Bank of England, completed
to the 21st inst., is of a satisfactory character, but
with one or two exceptions, there is little alteration
of importance to notice. The bulli,:n, notwith-
standing the remittances to the continent, has been
argumented to the extent of three hundred thou-
sand pounds sterling. The reserve of notes has
also been augmented by nearly half a million, and
the other securities have been lessened to a small
extent. In the public and private deposits there is
also a slight augmentation, but the active circula-
tion has fallen off to the extent of nearly two hun-
dred thousand pounds. The other items of the
balance sheet exhibit little alteration requiring
ipeeial remark. They will be seen in the sub-
joined table :

Active circulation
Decrease
Bullion
314,271
Increase
3,296,808
Rest
Increase
Public deposits
Increase . 283,554
Other deposits 15,711.905
Increase9s 517
798,480
Seven-day and other bills
43,348
Decrease
10,587,476
Government securities
No alteration.
15,499,255
Other securities
180
Decrease
10,386, 9
Notes unemployed
Incrr

:ease ....................................
-443 730
The alterations
demonstrate the continued
quietude of the demand for money, and the appli-
cations in Lombard-street are limited at 21 per
cent. ; it is not likely, however, that there would
be much inquiry at the Bank, where 3 per cent. is
required. At the present time the discount opera-
tions have been confined to those necessary for the
prosecution of trade, which, being dull, absorbs a
comparatively small amount of capital.
About 3,0001., in gold, was taken into the Bank
yesterday.

In the Foreign Exchanges yesterday afternoon
the rates were rather higher, compared with last
post day.

It appears that the negotiation of the remaining
300,0001. of the New Zealand loan has not been so
successful, up to the present time, as might have
been expected. The capital required is half-a-mil-
lion, and as our readers are no doubt aware,
the Union Bank of Australia, who superintend
the operation, have agreed to take 200,0001.
of it as an investment on their own account.
The remainder was offered to the public, and the
attraction of a 4 per cent. security, terminable in
80 Years, induced many persons to forward applica-
tions for allotments. The tenders were opened
yesterday, and the prices offered for every 1001.
stock ranged from 77± to 109/. All the offers
above 107, which was the minimum fixed by the
directors, were accepted ; but these onlyamounted to
129,0001., although the sum subscribed for at various
quotations represented a total of 1,125,7001. There
consequently remains 171,000/. yet to be sub-
Scribed. It certainly appears that the reserve price,
hatnely, 107, is too high, when Turkish 4 per
_cents., guaranteed by the English, Turkish, and
'tench Governments, only command 105 j, with 2
Per cent. interest shortly to be deducted. Moreover
it must be remembered that the market for these
new securities will not offer the same facilities as
that established for the Turkish 4 per cents.
The Liv9rpool Cotton Market yesterday mani-
fested a very quiet appearance, but prices were
Without any alteration of importance. The sales
'were estimated at 7,000 bales, 1,500 of which were
taken on speculation and for export.
Since Monday last the imports of specie have
been about 157,399/., and the exports 53,8401.,
exclusive of the following shipments direct from
London to the continent during the week ending
Thursday last :

Gold Coin Boulogne ... 60 Om.
Bars
Silver Coin Boulogne 600 „
The Board of Trade Returns for the six months
ending the 30th of June have just been published.
The total exports from the United Kingdom during
this perioi amounted to 53,467,8041. against
009826,3811., showing a falling off of 7,358,5771.
There
was a decline in earthenware, haber-
dashery and millinery, hardware and cutlery,
'inert manufactures, metals, salt, silk manufactures,
thrown silk, British spirits, sheep and lambs
Voot, and woollen manufactures. The imports
Were larger as regards:cocoa, coffee, wheat, flour,
taw cotton, hides, palm oil, and provisions, but
there was a falling :off in live animals, fruit,
ruwzllk, tea, tobacco, wine, and sheep and lambs'
Woo?.
The shipping returns show a slight increase in
tr af tonnage of vessels employed in the foreign ae for the entries inwards, but the clearances
outwards exhibit a slight diminution.
usual on Saturday, there is very little busi-
and the operations in most departments are
cbikfly of a routine description.
At the Stock Exchange there is little animation.
This, speculative transactions have been circum-
/se ttbed, but owing to a little realising prices have
,
ieem less buoyant. A decline of per cent. has,
W,: fact, taken place, Consols having been 95i 96,
The late yesterday afternoon they were 96T
New Threes and the Reduced are about 961 ;
arch Exchequer Bills, 38s. prem., and the
.Lll3lO ditto 235. to 265. prem. Bank Stock is 225
•
G.
th-A- rather limited business has been transacted in
etoreign Stock Market, and prices are heavy.
enish 6 per Cents. are 94,1 951 ; Spanish 3 per
ts., 43i ; ditto Deferred, 271 ; Peruvian 4i
is
11,,'r Cents., 801 ; Sardinian 5 per Cents., 90 ;
rasilian 5 per Cents., 103 ; ditto 41 per Cents,
(1,8), 951 96 ; ditto Scrip, dis. to par ; Buenos
`"
itrl'ea 6 per Cents., 80 ; and Venezuela 5 per
ants., 391
-11- very limited business has been done in the
k ..ttailway Share Market this morning, and prices
w,' declined to the extent of about to 1 per
kcont. North Western, South Western, and
iddand have declined 10s. ; South Eastern, 10s.
to :155., and Caledonian 11. ; Great Western hil-
l) roved about ss, The foreign and colonial
tilad ertakings were dull, and exhibited little
varliation in prices. Paris and Lyons improved
4bcrut 55., and East Indian ss. ; Joint Stock
1?,a1) k and Miscellaneous Shares have been rather
"lively dealt in at or about former quotations.

IIRI visa FUNDS.—CLOSING PRICES—THIS DAY.
( From the ? L:st:i
1414 Stock Wm
226
posse per Cent. Reduced Annuities 96R i
5
~„..Pti ' . .ent. ~,,,, Annuities 964 5f E':)el" Three per Cent. Annuities
11' Annuities, expire sth Jan. 1860
I ~. -Li
taitto 30 Years, expire sth Apl., 1885 184
od mock
.......... ..
.... . bat.° Bonds, £lOOO ... .... .......... .....
U,s.l)i to tinder tlllOO ...••• .................... 15'
tttsols for Account ........................... 96 5i
likallequer Bills - --
March, JURCI.
XlOOO
£500
35 23 6
Sma 1
FOREIGN FUNDS.—THIS DAY,
lira3ilian 5 per Cent lO3
Ditto 1858, CI er Cent.
80 aer.tios- A yres Bond p
s, 6 per Cent.6
r ernvian Bonds, 4. per Cent —
89i
Ditto Account .
41"21inian 5 per Cent —
.„ Ditto Account
Ist; -.-tiPh Bo,:ds, 3 per Cent. -
Ditto Account,
Disco New Deferred, 3 per Cent,
,„ /qto Account27i .nritish Bonds, 6 per Cent.
Ditto, Account
VGnezveln Bonds, per Cent Ditto Account .•
S9} i
.......
TWO O'CLO( K.
Ditto
%Two., money
account - 9si 6
.............
R

St.
St,
25
St.

20
20
10
St.

18
18
20i
.00
.00

.00
20
20
20
17#

100
20
20
20
20

.1v advices f ----------------
t the 11th
the Cape of Good o
of June we obsertave that the I mailsteamship Phce`iii
hid arrived out in 34 (lay e rE°l3'l.2 hours from Plymouth
Tile vessels of this line has
Well, and 0
E great credit is due to their owneri and com-
ven done their work Ex remelt'
rnanders. They have never Exceeded their contract
time, and in almost every instance have been a week
ztinder it. This contrasts strangely with the perform-
‘uce of the, previous contracts for the conveyance of the
1. aPe mails. It if; greatly to be wished that the Autra-
"ku service could be carried on with similar regularity.