The Sun.
London, England, 1858-04-08 00:00:00

ONEY

rvIAPe„K„,,vT

AND
00Mi'!17.33.07.11,L INTELLIGENCr;

CITY, Two O'CLOCK.
In the Liverpool cotton market yesterday a very
firm appearance was manifested, and prices of all
descriptions tended upwards. The sales were esti-
mated at from 12,000 to 15,000 bales, 2,000 of
which were taken by the speculators, and 1,000
by the exporters. The railway share market closed
steadily, and quotations were without any mate-
rial alteration.
About 12,0001. in Australian gold was taken
into the Bank yesterday. It is expected that
the greater portion of the gold brought by the
Copenhagen will be taken for the continent.
Business in the silver market is restricted, and
bars are quoted ss. 12d. per oz. standard.
Owing to the payment of the 1,000,0001. due
to day upon the Indian loan, there has been an
increased demand for discount accommodation in
Lombard-street and also at the Bank. Tips addi-
tional inquiry, however, is merely temporary, for
in the existing state of the market, the subscription
of a million sterling cannot exert much influence,
especially as the money will almost immediately
be distributed; in liquidation of the Company's
engagements. The whole amount of 5,000,000/.
will after all be merely a transfer from one class to
another, as the loan will only be sufficient
to enable the directors to meet their payments
as they fall due. The distribution of the
dividends to the public commences to-day, and
this will assist to increase the supply of money in
the open market, and partially counteract the
effect of the Indian Loan subscription. No alter-
ation has taken place in the current rates, despite
the increased applications of money, and really
good bills are in request at 2i per cent. Many
persons still retain the impression that the mini-
mum, will be reduce:l eventually to 24 per cent.,
but this opinion is not general, nor, so far as can
be judged at present, is it likely to prove correct.
Some doubt is expressed whether the whole of
the call on the Indian Loan will bo subscribed very
readily, as some of those who offered 99 will be loth
to give it when the Bonds are 984 4. If•this im-
pression should be verified, however, the difficulty
will be only temporary, for the securities are getting
popular, and are likely to attain a still more satis-
factory premium.
For some days past the embarrassments of an ex-
tensive brewing establishment have been the sub-
ject of general conversation, more especially
amongst the trade. It appears, however, that the
private property of one of the partners
is very considerable, and, if disposed of, which
will no doubt be the case within a short period, the
creditors will ultimately receive the full amount of
their claims, and this eminent firm will be enabled
to continue their business. This event has caused
deep regret, as it was least expected, and seeing the
numbers of people dependent cn the establishment,
it will be a source of satisfaction to the public to
hear of arrangements being made which will enable
the firm to surmount their difficulties.

The funds remain' heavy at about the closing
prices of yesterday. Business is very dull, and a
few operations seem to have a marked effect. There
is no disposition to operate for a fall, and those
who entertain a favouraMe opinion of affairs are
afraid to buy, owing to the flatness at Paris, the
Budget, and the possibility of a loan.
Consols have been 961 and 96g 4 for
money ; for account they are marked 961
They are now 96g and 96i / respectively, being
firmer. The New 3 per Cents. are 964 8 ; the
Reduced 954 I ; and India Loan Debentures,
98g •India Bonds are 20s. to 225, prem. ; and
the June Exchequer Bills, 355. to 395. prem.
The transactions recorded in the Foreign Stock
Market are not very numerous, and prices have
nearly all declined. Turkish 6 per Cents. are 100
to 1001; and the 4 per Cents., 104 ; Venezuela 4/
per Cents. are 311 ; Dutch 24 per Cents., 651 ;
Peruvian 41 per Cents., 811 ; Portuguese 3 per
Cents., 45g ; Buenos Ayres 6 per Cents., 774 ;
Chilian 6 per Cents., 1021 ; Ditto 3 per Cents.,
72 ; and Spanish Passive, 7.
The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds 51 6 ; Mexi-
can, 191 20 ; , Peruvian 45 per Cents., 811 821 ;
ditto 3 per Cents., 551561; Portuguese 3 per Cents.,
45 4G; Russian 5 per Cents., 109 111; ditto 45
Per Cents., 99 101 ; Spanish 3 per Cents., 434 44;
ditto Deferred, 264
The last week's railway receipts, ascertained up
to thin day, are in round figures as under :
1868. 1857.
Great Western £27,322 £25,992 North-Western
54,040 59,019
South-Western
13.790
Brighton
........
Midland
south-Eastern ....................
30315
Great Northern 17,748 15,162
Lancashire 21,793 21.924
Lancashire and Yorks.hi.r.e.
Bristol and Exeter ................. 5,768 5,966
Manchester, Sheffield, & Linco.ln...: 9,525 9,214
NNorth-Eastern .................. 31,897 32,601
orth Stafford
Oxford, Worcester...... and Wolver 3,890 3,841
West Hartlepool
3,017 3,026 ...... 299
Glasgow and Sou h-Western 5.362 5,6,586 6,318
Grand Trunk of Canada
9,220 10,525
Great Western of Canada
8,796 10,297
Northern of France
A very limited amount of business has been done
to-day in the Railway Share Market, and a further
decline of about fto p
Prices. er cent. has taken place in
Eastern Counties, Great Western, and
Midland declined ss.
British ; Caledonian and North
South , 10s. ; and North Eastern (Berwick), and
Eastern 10s. to 15s. North Eastern (York)
l'a're improved Se.
The Poreign mad Colonial lines are inactive, and
show very little variation from previous rates.
Lombardo-Venetian have receded 55., and Great
Indian Peninsula improved about ss.
No business of any importance was reported in
either Mines, Banks, or Miscellaneous Shares.
Union of Australia have declined about 55.; General
Steam advanced ss.

BRITISH FUNDS THIS DAY AT ONE •'(.11.,(r
(-From the Officsal Ltet:)
P.usinens done
!Der Cent. Reduced Annuittom .............. . 964 b $
o tier Cent. Console Annuities ............... Mt g i
~,,,
J'e' per Cent. Annuities 954 ti A
India Loan
1 i 0
I i 45 •sonda, .0.1D;IJ
`vitt°, under £lOo
-,1 2 p
etwsols for Account (Hay 6th) .. ........
sim - .96$ i
Exchequer /3111 s, 2id. March. Juno.
.... ......... ....... . ................ -- 135
8 nail ....... ... ..... . ...... . ... ...... -- i 39
I'EICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Ceil“tictios Ayres Bends, 6 per Cent.
ian Bonds, 6 per Cent
Ditto 3 per Cent.
72
Peruvian Bowls, 4A per Cent
Ditto Account
..... 814
Portuguese Bonds,' 8 per Cent., 1853 . ..... 45i
SD tfoF.ll ~,,is, 3 por i:ent.
Ditt... Passive
•......
cent ,ientls, 6 pur cent
Ditto Guaranteed, : per Cent.
Ditto Account ...
.
Venezuela Bonds, 4i Pe"; ..... 1111 Ditto Accor

...............
'nut, .............................. 31i
Dutch ExchDivided' on the above payable in London.
ange, 2i per C0a1..., 12 Guilders 651
TWO (l'(lT.(it K.
96,1

Consols, money .
Ditto, Account .

GREAT TURKISH FRIGATE:--The Turkish Admiral is
expected to return to this city nt it Tue4dY when he
will undoubtedly proceed at once to negoaci' at e with a
New York shipbuilder for the construction
desirousructiontthheatthe
United frigate. The Admiral w
United States government should take theco;ttraacbtepttreor-
bably under the impression that he would
private con-
bargain from the Government than from tractor. This idea was perfectly natural to oneriot aact-
cnstonned to our " institutions," and yet everybody
4,11 fanailar with ;hem knows it to ba entirely fallacious.
gate enterprise takes the lead in this country—and the
and
4(lmira can get his job done cheaper, better,
quicker by any competent shipbuilder, than the
would could possibly do it—ever, if the latter
t'ould could
to• take the contract, which a come
it would not.—New York Journal of Commerce.
';‘"biIVAELSTRONC OFF THE COAST OF FLOBIDA.—The brig
a, Captain Brown,arrived here on Saturday morning,
!khotrorn Nassau, N•P., reports that on the 16th inst., when
tt four miles from the Hole-in-the-wall, the wind
blowing a three-knot breeze at the time, she got into a
vh411)001 Which turned the vessel round in 35 seconds,
and
.n spool turning her, .ontetimes halfway and back and
ihnieliimea all the way round for two hours and a quarter.
itr,ei,.uretze then became stronger, and she succeeded in
" F.' out of the whirlpool without receiving any
tnage"--Melo York Journal of Conlmercc.