The Sun.
London, England, 1858-03-04 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
Provision having now been made for the com-
mercial bills due this day, the 4th of the month,
the demand for money is somewhat quieter, but it
is thought, and the advices from the manufacturing
districts warrant the impression, that henceforward
the improvement in business, will be sufficient to
produce a grad ual extension of the enquiry. So great
is the amount of unemployed capital, however, now
offered on easy terms, that some time must ne-
cessarily elapse before enough is withdrawn to im-
part more firmness to the quotations asked in
Lombard-street, as the renewal of business, under
the most favourable circumstances, will no doubt
prove very slow for some few months. Of course the
bill-makers will take the earliest opportunity
for elevating their charges ; but at present there is
too much competition among them to admit of any
material alteration. In some quarters, however,
Money cannot now be procured on such moderate
terms as those required a few days since; 2i instead
of 21 percent., being demanded forgood descriptions
of paper. With the minimum at 3 per cent., no one
can object to that rate. Until recently many were
confidently of opinion that the directors would make
a reduction to 2i per cent., but that hope is no
longer indulged, and the public generally express
their approval of the course pursued at the national
establishment, because no substantial benefit
can be derived from the official terms being
forced to a lower point than that which is now
established. The accounts just received from
Australia apprise us of further large consignments
of gold, and even if the purchases of silver should
necessitate a few withdrawals from the BAnk, they
will not produce anxiety as the defect so occasioned
would be replaced whenever any large remittances
were received either from Australia or America.
A small portion of the amount conveyed by the
Donald Mc Kay,—viz., 20,0001., was taken into
the Bank yesterday.
About 60,0001. worth of silver was brought yes-
terday by the Seine from Boulogne.
The Liverpool Cotton Market yesterday closed
firmly, and values of all descriptions were id. per
lb. dearer. The sales am,unted to 6,000 bales,
500 of which were taken by the speculators. Is the
Railway Share Market the business transacted was
bruited, but prices were fully maintained.
There was a meeting of the Geelong and Ballarat
Railway Co. to-day, at which it was agreed to leave
the public balance, of about 721., in the hands of
the' directors for their trouble, as the expense of dis-
tributing that amount over the large number of
shares would consume the amount.
A meeting was called by two parties to-day, at
the London Tavern, to bring some complaint
against the management of the Unity Bank, but at
the appointed hour no supporters of the movement
appearing, the meeting,which was large, appointed
a chairman, and passed a vote of censure on the
conveners, and one of confidence in the Directors
of the Unity Bank, after which they separated.
There has been an improved market today for
English Securities, and a moderate business has
been done at an advance of per cent. The
settlement of the account being over business has
slightly increased, and the easy state of the money
market together with the confidence expressed in
the new Ministry has caused a partial return of
buoyancy. Consols have risen to 97 and 97i for
Money, and 9Th for account. At the present
moment, however, the market has relapsed into a
heavy state, the prices being 96i and 96l to 97
respectively. The New Three per Cents. have
been dealt in at 971 I, but have since been 971 a.
The Reduced are marked 978 Exchequer Bills
are 38s. to 41s. premium. Bank Stock is 225 to
2261.

Business in the Foreign Stock Market is quiet,
and prices exhibit an upward tendency. Turkish
6 per Cents. are 101} 102; ditto 4 per Cents.,
1041 ; Peruvian 4/ per Cents., 80i ; Russian 5
per Cents., 1091 ; ditto 4i per Cents., 99i 100 ;
and Sardinian 5 per Cents., 91.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 52 6k ; Mexi-
can, 201 to 20i ; Peruvian 4i per Cents, 80 to 81 ;
Ditto 3 per Cents., 5G to 57 ; Portuguese 3 per
Cents., 45i to 463/4 ; Russian 5 per Cents., 108
to 110; Ditto 4i per Cents., 98 to 100; Spanish j
8 per Cents., 44 to 44i ; Ditto New Deferred,
26g to 26g.
The last week's railway receipts, ascertained up
to this day, are in round figures as under : 1
18b8. 1857.
Cheat Western
North-Western
Booth-Western
Brighton 9,860 10,922
Ilidland
11anth-Eastern
Great Northern
Lancashire and Yorkshire 20,032 22,538
North-Eastern
Bristol and Exeter 4,992 5,109 li
Chester and Holyhead
Manchester, Sheffield, & Lincoln 8,514 4,884
North London
Oxford, Worcester, and Wolver 3,560 3,700 l'
South Devon 2 070 2.134
Belfast and Ballymena • 1.961 1,076
Glasgow and South-Western
Xtlinburgb and Glasgow
Rather more business has been transacted this /I
3t ,
orning in the Railway Share Market, and prices t
have exhibited an improvement of about k to .1 per
vent. for mast of the leading lines. Caledonian,
Eastern Counties, Edinburgh, Perth and Dundee,
4/1(1 North British advanced ss. ; Brighton, North
Western, Midland, and Vale of Neath, 10s. ; Great
Western, 15s. ; and South Ea.sterns, 11. ; Great
/I'mthem, North Eastern (Berwick), an I Lan-
ssash ire and Yorkshire declined about 10s.
The Foreign and Colonial lines are quiet,
and show little variation in prices. Paris and
Ilona have declined about ss. ; East Indian,
0-rand Trunk of Canada, Great Western of Canada,
and Great Indian Peninsula, are at about former
rates.

Joint Stock Bank and Miscellaneous shares are
sha-le firmer; London and County improved 55.,
Oriental Bank, 55., and Union of Australia, ss. ;
Canada Land Shares improved 1/.3 and Peninsula
)'d Oriental Steam, ss.

BRITISH FUNDS.—CLOSING PRICES--THIS DAY.
(From the Offictal List;)
Business done.
litoak Stock
..7 Per Cont. Reduced Annuities
" Per Cent. Consols Annuities
Itel° 14, 3 per Cent. Annuities 974i ra Hi
14g Annuities, expire sth Jan. 1860 2 1-16
1,1'4 Ronde, .£1000
uitto, under £lOOO 29 26 p
V)teole for Account (April 8)
EzahognAr Bills, 24d
£lOOO ...... 33 41 p
- CM 3B 41 p
R,,1t.. ... ... . 3B 41 p
• Ditto Advertised 3B 41 p

PRICES OF FOREIGN FUNDS—THIS DAY.
13raztuan 5 per Cent ..
Ditto 1852, 44 per Cent.
151 Zones A yres Bonds, 6 per Cent. Boi 1
Ditto Deferred, 3 per Cent. •
uanisn Bonds, 3 pet Cent., 1.825 .
Ditto 5 per Cent
eraiian Bonds, 4i per Oent
Ditto&count
lassian Bonds, 1E22, C St., per Cent lO9
Ditto, 4i per C0nt.....
gli
rdinian Boros, 5 per Cent. ......... 91i
Ditto Account
C0n'................... 44$
bitto New Deferred, 3 per 263
'ends, 6 per cent... .•••
‘Ditto Account ....
Jitto Guaranteed, -IA
; per Cent.
v. Ditto Account
°..snezueln, Bonds, .1i per Cent
Ditto Deferred 2 per Cent
IN. !ME& O'CLOCK.
-411Tian Dollar Bonds, 4i per Cent 53
Consols, money 964
Consols for Account, (April 8)

4.tilit SWANSEA CONVICTS.—The two Greek sailors, 1,)0
thanta and Halius, who were convicted at Swansea 200
20 Nniturday, and sentenced to death for the barbarous 50
fie der of a shipmate, will be executed at Cardiff_ It 20
ablld there has never been a public execution at bivan 25
-
01;* The convicts behave themselves in a very careless 20
on Ilstlel'. The Sheriff of the county waited upon them 100
eatd:l4day, when one of them, pointing to his own neck,,, 10
1-4 With a significant gesture, "Me hang to-morrow. 25
but 71:1'3-' 4-1 7,5,
off 4t*l 4Ppeared defirous that the execution rhou!d come
4 pr. °nee, and repeated, "No, no ; hang to-morrow !'' 50
Xio_ lest of the Greek Church has been sent for from 190
44°4 to attend the convicts.) 100