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

MONEY MARKET

E,TD
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocE.

Accounts from Liverpool report that the Cotton
Market yesterday presented a very firm appear,
ance, and values again tended upwards. The sales
were estimated at 4,000 bales, 500 of which were
taken by the exporters. The Railway Share Market
closed quietly, and quotations were without any
material alteration.

Subjoined are the particulars of the shipments of
silver by the Indus, which will leave to-morrow for
India, China, &c.:—
Ceylon (gold) £sl3 0 0
Madras (gold)
Calcutta (silver) 167,067 16 9
Penang (silver)
Singapore (silver) 265 0 0
Hong Kong (silver) 3,225 0 0
Shanghai (silver)
Manilla (dollars)
Alexandria

Total £187,684 2 3
These supplies of silver being for the most part
obtained from the Continent fully account for the
recent remittances of gold across the Channel. The
amounts withdrawn from the Bank for that pur-
pose have not been very extensive, but the gold
received from Australia by the Donald M'Kay has
been bought for France, and the movement having
become larger than for a long time past, it is attr .ct-
ing notice as an unfavourable feature in the
progress of monetary affairs. Considering, how-
ever, that several ships are overdue from Australia
with important remittances, and that, moreover,
supplies are likely to come forward from the United
States, little doubt can be entertained respecting
the maintenance of the bullion in the Bank of
England at a high point for some time to come.
The present scale of exports to the Continent and
the East can only absorb a limited proportion of
our aggregate imports.
The Continental Exchanges, yesterday afternoon,
were rather firmer.
Later intelligence from Australia, which is
anxiously awaited by the commercial community,
will be received ina few days, the steamer Columbian
havingarrived at Suez from Melbou,ne, with 47,874
ounces of gold, valued at 191,4961. The Marse:lles
portions of the mails are expected here about Mon-
day next. They will probably infor►a us of the
effect produced by the arrival out of the account
of the commercial crisis in this country.
The half-yearly meeting of the Submarine and
Electric Telegraph Company was held this day—
Sir J. Carmichael, Bart., in the chair. From the
report it appeared that the receipts of the half-year
bad much increased through the Belgian cable, and
that the total earnings for the past year were
23,848/. 14s. lid. The line being now continued
to Malta, the Indian messages come thence to
Paris on the wires of the company. A dividend of
8 per cent, per annum out of the available balance
of 3,693/., for the half-year, was declared.
A further retrograde movement has taken place
in the English Stock Market to-day, and although
there is very little doing, the tendency is further
to recede. The decline which took place in the
French Funds yesterday has had an unfavourable
effect, and the closing prices of Consols this
afternoon will probably depend in some mea-

sure upon the nature of the ttlegraphio ad-
vices from the Bourse. Attention is now
engrossed by the liquidation of the monthly account.
Consols have declined to 96i I for money and 961
for the April account. They are now a shade
firmer, being 96i and 961 97. respectively. The
New Three per Cents. are marked 961 to 97k,
and also the Reduced. Exchequer Bills are 395.

to 425. premium, and the Bonds 1001. Bank
Stook is 226.

, In the Foreign Securities a rather limited busi-
ness has been transacted, and prices still continue
heavy. Turkish 6 per Cents. are 101 k 102; ditto
4 per Cents., 104 k ; Brazilian 4} per Cent., 100 ;
Russian 5 per Cents., 109 ; ditto 44 per Cents.,
991; Sardinian 6 per Cents., 91i ; Spanish 3

per Cents. 44i ; Venezuela 41 per Cents., 33k ;
and Dutch 4 per Cen's., 1002.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred 131)nds, 51 6/ ; Mexi-
can, 23 to 201 ; Peruvian 4 per Cents, 80 to 81 ;
Ditto 3 per Cents., 56 to 57 ; Portuguese 3 per
Cents., 45i.t0 46i ; Russian 5 per Cents., 110

to 111; Ditto 4i per Cents., —to —; Spanish
3 per Cents., 44i to 44i ; Ditto New Deferred,
26i to 26k.
A limited business has been reported this morn-
ing in the Railway Share Market, but an improve-

Went of about Ito per cent. may be noticed on
several of the principal lines. Brighton, Lanca-
shire, and Yorkshire advanced ss. North-Western,
Midland, Norfolk, an I North-E:►stern (Berwick),
10s. Caledonian, Easter❑ Counties, and G, ett
Westerns declked 55., and Sou•h-E3_-terns, 1/.
The Foreign lines are inactive and at lower

Values. Paris and Lyons have declined 103.,

lind Northern of FraLce 10s.

In the Co-

lonial lines a slight improvement has taken

place. Grand Trunk of Canada have advanced

15s. ; Great Western of Canada, Great Indian
Peninsula, and Geelong and Melbourne, ss. Cape
Town and Dock were dealt in at premium, and
Punjaub premium.

Mines, Ba nks, and Miscellaneous Shares are
dealt in to a very limited extent. London Joint-
Stock have imrroved 55., and Electric Telegraph
declined ss.

$R CTISH
FUNDS.—CLOSING PRICKS—THIS DAY.
(From the Official List:l
Businecs dere.
Balk Stock
tent. Reduced knnuitles
3 per vent iloneols ‘nri.ittob
New : per Cent. Annuities 96i 7A
easels fer ceonut
.........
Exu,,,N, Or 4111 f) !:, 96

104 . •
(•50,.
42 39 p
Small .
Ditto Advertised 39 38 p
Exchequer :ono., 130-, Ar. pet Cent —
Ditto, 1559
PRICES OF FO R,EIGN FUNDS—THIS DAY.
Bralnlau '. per Cent.
Ditto 1852, 4i per Cent.
Pimlico; A yres Bonds, 6 per Cent. —
Ditto Deferred, 3 per Cent. ....
Peruvian Bonds, 4t per Cent..... 804
lila° Account . ............. .....r
....... 80i
itua,lim t: Honda, 1822, St., 6pe Cent lO9 8j (4i 8
"'Ditto, 4i per Cent. 94 ii
hardiniau Bonds, n per Cent. ............91.i i
Bp tomb 804.i.e, 3 per Cent.
Ditto Account
D ittc New Deferred, 3 per Cent,
Ditt,. Passive 6i
Turkleh B-,nds, 6 per cent
Ditto Account ...
Ditto Guaranteed. , par Cent.
'Venezuela Bonds, 4i per Cent
Ditto Account
33
Dividends on the above payable in London.
Dutch Exchange:, 24 per Cen:., 12 Guilders
Do. 4 per Cent. Certificates
t.f IYABE O'CLOCK.
Console, money
Consols account (March 4)