The Sun.
London, England, 1858-06-09 00:00:00

ONEY MARKET

AN II

COMM' CIAL INTELT,TGENCE.

CITY, Two O'CLOCK.
Letters from Liverpool report that the Cotton
Market yesterday closed steadily, although wcll
BuPplied, and prices of all descriptions were un-
altered. The sales were estimated at 3,000 bales.
The Railway Share Market exhibited rather more
aluruation, and values were a shade higher.
The accounts from the Continent speak in a
most desponding tone respecting the position of
iltancial and commercial affairs. Although the
quotations for discount accommodation are low, the
greatest mistrust prevails. At Paris the Funds are
(I!Pressed and business is almost suspended, while at
Vienna the letters received this morn ing report that a
Panic of a violent characterhad taken place. French
Journalists who have hitherto attempted to encour-
age the public and promised a speedy dispersion of
`e prevailing gloom are now predicting its con-
'nuance for some time to come, and it is evident
1114 political considerations are operating ad-
versely,
and add to the complexity produced by
other causes.

The committee, which is appointed to inquire
into the desirability of establishing tribunals of
ecmunercein this country, is making a very careful
investigation into the subject, and several of the
Witnesses have been examined at great length.
kong others the evidence of M. Corr. Van de
44. aren has been listened to with considerable
Interest, and the report at the close of the in-
quirY Will no doubt be replete with valuable infer-
Illation. The institutions, if established, would confer
great boon upon the commercial community, but
he Promoters must be prepared for some opposi-
„"on on the part of the legal profession, notwith-
'Landing the project is highly approved and recom-
kended by Lord Brougham.
At the annual meeting of the Bank of British
North America, the report was adopted, and a
dividend at the rate of 6 per cent. per annum was
declared, free of income-tax, and 4,7061. was car-
tied to the next account.

The Brazilian mail steamer will take out specie
to the amount of 81,770/.
There is no perceptible increase in the inquiry
for discount accommodation, and the applications
la all directions are limited. The terms conse-
Iluently are kept down, and if the efflux of gold
',Nu the Bank is not renewed, there will, no doubt,
" some expectation of increased ease.
There was a meeting of the Submarine Telegraph
companythe
to-day, Sir James Carmichael, Bart., in
tle chair, for the purpose of confirming the resolu-
:a of the past meeting for issuing the remainder
the capital, and raising newcapital (to the extent
°L 150,000/.) for making the extended lines of tele-
tragh to Denm.irk and Hanover. The resolutions
Wag agreed to unanimously.
The market opened with a firmer appearance,
4"11. the funds were at one time per cent.
teller, but a few sales have since been
effected, and a fractional decline has ensued.
,better feeling still prevails, and the
?eoulators. are anticipating an improvement at
aria• Consols have been 951 96, since then 95f
7
but they are now at the former quotations ;
sank Stock is 221, and India ditto 222 ; The New I
Draes and Reduced Annuities are 951 96 ; India
l?entures are 994, and Exchequer Bills, 365. pm. I
Iu the Foreign Stock Market business is rather'
31:1°re buoyant. Turkish 6 per Cents. are 951 ; s
ouenos Ayres 6 per Cents., 831 ; Mexican 3 per 2
eats, 201 ; Peruvian 3 per Cents., 66i ; Russian
per Cents., 112 ; ditto 45 per Cents., 1024 ; 2,
Dutch
41 per Cents., 38 ; ditto Deferred, 141 ;
uutch 21 per Cents., 66 # ; and ditto 4 per Cents.
491 100. 81
The following are the nominal prices of Foreign Tf
S
toaks :—Grenada Deferred Bonds, 55 6 ; Mexi- si
RP
RP 3 per Cents., 90/ ; Peruvian 45 per Cents., It88 )
; ditto 3 per Cents., 66 68 ; Portuguese 3 20
Per Cents., 4G 47 ; Russian 5 per Cents., 111 10
613 ; ditto 4i per Cents., 101 103 ; Spanish 3 per 5
teats., 44i 455 ; and ditto Deferred, 27k. 5
:he dealings in the Railway Share Market to-day ig
'al'e been limited, but a slight improvement has 20
hahkell Place in the values of most of the leading --
14."8. Lancashire and Yorkshire improved ss.
6°,,,rth-Eastern (Berwick), 53. Manchester, Shef- too
,"; and Lincoln, 10s. South Western 10s. and 18
1141edonian 15s. North Western and North 18
Theis declined 55., and Great Northern 10s. Jig,
Foreign and Colonial lines are also at advanced 1001
quotations. Paris and Lyons have improved ss. ; 100
°lthern of France, 58. ; and East Indian, 10s. too
sing shares are quite neglected. 20
"": Joint Stock Bank shares there is a very E
telnited Inquiry. London and Westminster have ni
1.744 d ss. ; Ottoman Bank, ss. ; and Union of 11t.
0
7,..11(1011, ss.
oliscellaneous Shares are very quiet, and exhibit 20
20
1 e alteration from previous rates. Canada Land ItV)
'8
127 to 130, and Australian Agricultural 295 292.

t4IIITISH FONDS THIS DAY AT ONE O'Cl OCK.
)1
a tkit Stock (Prom the Official lAst.)
221
"t (-% t Reduced Annuities 9si 6
31, en .
4est Cent. Consols Annuities Shut 97
I W 3 Por Cent. Annuities 9625b
22 iitll.l4 Stock
o`ne. Loan Debentures 99i
k.:4104 for Account
—448/Usr Bills 2id. March. June.
E 501000......
1:: 36
t.-.
Ihc.equer Bends, 1858, 3i per Cent....
I, ''itto. 155 g
litit.4ll.oßilS
50pFer FOREIGN
eent.—
kl:'e FUNDS AT ONE O'CLOCK.
i, Itto gcrip
~4, ei Ayres Bonds, 6 per Cent. —
Ite'''tto Account
tlt'atk 3 per Cent —
I•erto Account 2O
Plan Bonds, 4i per Cent —
lite 3
bit per Cent.
ila. to Account .-. 66i
---h3jan Bonds, 1622, i: St., 5 per Cent ll2
—itt
Trirki °• 44 per Cent. lo2i
`413 Bonds 6 per cent 951 i i
kitto a
, uaran'teed, 4 per Cent.
vQ"•.‘o Account
,tsezuela Bond 41 per Cent
Ditto Deferred, 2 per Cent.
Dividends on the above payable in London.
biltelz Exchange, 2i per Cent., 12 Guilders 664 6
Ditto
Be
• 4 Der Cent. Certificates
Account „
Coasols for account TWO O'CLOCK.9Si 6 a d

A COURSE OF EXCHANGE. 1' EsTHRDAr.
LI 15% Gibraltar »•• •• ••••••
Oitte, three months .. 11 17% !Leghorn ..•••• 29 57%
Zterdam ............ 11 18 Genoal .25 45
25 35 3,111 an
44a01s .• •• • ..• •• •• .• 29 35 !Venice•• •• •• •••• •• •
bur
•• •• •• •••• 13 71,t Naples -• •• •• •• o ••• 41%
tki,/...•••• ............ • • Palermo .... 125%
Do •• •• .• 25 734 Messina ... ... 125%
tbreo months .. •• 25 32% Lisbon .. .......... ..•• 51Ai
••Fr~deau2s 32% Oporto ••• 52%
Otato„."eaux •• •• .. • .. Rio Janeiro.
118% Buenos Ayres.. •• •••• .•
••••••••••••. •• ,New York,6o days' sight
1`tf—.......•• .• •• 10 25 Philadelphia •• . ...
(*to
••• .• •• 10 26 PRICES OP BULLION, oz:
4led--"urg .......... 35% Foreign Gold in Bars £3 17 9
11,1 ••• •• • 49% Portugal Gold Coin OO 0
••••••• •• 49% Mexican Dollars 0 0 0
11:,reesdla
~ New Dollars 0 0
•••••••• .• .. .. .. .. ... .. Silver in bars 00 0