The Sun.
London, England, 1858-07-10 00:00:00

MONEY MARKET

.OiD

COISIKEROTAL INMLLIGENCE,

CITY, Two O'CLOCK.
The return from the-Bank of England, made up
for the week ending the 7th instant, is of a rather
unsatisfactory character. Owing to the late remit-
tances of bullion to the continent and the absence
of Australian supplies, there is a diminution of
over half a million in the stock of the precious
metals. The reserve of noses has also been
lessened to the extent of half a million, and the
private securities, owing to the preparations
made for the commercial payments of the fourth of
the month, show an augmentation of about a quar-
ter of a million sterling. The Public Deposits
have been trenched upon to the amount of four
hundred thousand pounds sterling, and the Private
Deposits also show a slight reduction. The active
circulation, owing to the gradual improvement of
trade, showsa slight increase. In the other items
of the balance-sheet there is little alteration re-
quiring special report ; they will be seen in the
subjoined table :
A.ctive circulation
Increase
Bullion
Decrease 529,790
Rest;;
Increase
37,544
Public deposits
Other deposits Decrease
400,199
Decrease
46 323
Seven-day and other bills
Increase
"verument securities
Increase
Other securities F 16,685,445
Increase
Notes unemployed
Decrease
There is direct evidence in the returns both of
the Bank of France and the Bank of England, of
increased commercial demand for money. The
supply of bills has largely augmented, and as,
concurrently with the movement, the ad-
7i9es relative to trade have become satisfac-
tory,
there is every reason to believe that
mercantile affairs are steadily progressing towards
a recovery. During the last few days the inquiry
for accommodation has slightly relaxed, but there
18 Still a fair amount of discount business among
the bankers, and although the terms have receded
t
2i per cent. they are likely to advance when-
ever the applications becoMe rather more nume-
rous.

There was a further withdrawal yesterday from
the Bank of 30,0001. in gold. No one seems able
to state the object for which these exports of the
Precious metals are intended, but it is imagined
they are en account of some large financial opera-
tion with one of the foreign States. The
decline in the bullion, yiz., 529,7901., has
taken many by surprise, being much more
than was anticipated. When any of the Australian
auPPlies arrive, some curiosity will be evinced to
learn whether they will be all absorbed for remit-
tances to the continent. According to the advices
received yesterday, the rate of exchange at New
York for bills drawn upon England was 109 k, show-
ing an advance, but a further upward movement is
required to stimulate the exportation of gold.
The Liverpool Cotton Market yesterday exhi-
bited a very steady appearance, and prices of all
kinds were without any material alteration. The
sales were estimated at 5,000 bales, 1,000 of which
were taken cn speculation and for export.
Since Monday last the imports of specie have
been about 51,2031., and the exports 92,744/., ex-
clusive of the following shipments direct from Lon-
don to the Continent during the week endir
Thursday
Goiet Coin. Boulogne .., 150 Oze.
$t ft
Silver
Bars ...... Hambro' 652
There has been scarcely any fluctuation in the
English Funds to-day, Consols being 951-
fc'r ,money, and 951 for account. As usual on
! ikat,Urday, the dealings are very circumscribed, and
e ja an absence of any movement of interest.
I." Bank of England return being considered un-
t7ourable may have assisted in imparting a dull
4, 11:
to the market. The New Three per Cents.
4--I;;.,.the Reduced are 95k ; the New Two-and-
itif 'Per Cents, 781 ; and the June Exchequer
198
quot . to 225. premium. Bank Stock is
ed
222) and India do. 221.
I,illc)reithoutgn Securities are quiet, but prices remain
v
,?i; ditto 4
much alteration. Turkish 6 per Cents. are
Cents,, per Cents., 1041 ; Venezuela 5 per
" `'uti j Russian 44 per Cents., 99k; Sardinian
ler Cents., 89i ; Peruvian 4i per Cents. (Uri-
barren)
A) 74i ; Dutch 21 per Cents., 651 ; and
diinalmat o
113:: Cents., 1001; Brazilian Scrip is no-
y discount.
_ AU extreruelY limited amount of business has
been transacted in the Railway Share Market this
Adorning,
r.
nornin,
and with the exception of Caledonian
there is little alteration to notice in prices. Cale-
_uonian have improved 1/. to IL ss. ; Lancashire
Ad Yorkshire, ss. ; Great Western and
North-Eastern (Berwick) declined ss. North-
Western, Midland, and North-British were
Id yesterday's quotations. The Foreign lines
beingSambre
reported. Bahia and San Francisco, and
and Meuse realised former values. In the
Colonial Markets, prices have been steady. Grand
Trunk of Canada, Great Western of Canada, and
East Indian were dealt in at yesterday's quo-
tations.

'tines, Banks, and Miscellaneous Shares have
been at slightly reduced rates. Bank of Austral-
Pa, have declined ss. ; Union of London, ss.
.;'e rn Steam, Electric Telegraph, and Crystal
tahie3
'e Shares were each dealt in at previous

BRITISH
FUNDS. CLOSING PRICES—THIS DAY.
tic Q, (Prom the Ogiciat List;)
'e
ts
hr„ ""eez
3 Per Cent. Reduced Annuities 953 i i
iset"' ~r.i.. k:oemol. Annuities 951
95i 4 i
1:::: ::::::::e r.. . C.. e. nt.: . Annuities
78i
j„,ll‘.' 2i Per Cent. Annuities
,:ula. Loan Debeniures
‘,,x sole for Account
4 ehequerßills-- March, June.
400 .
22 19
.
s,rocl
......... . ......................... _
22 19
, ..... . .....................
kern . F°REIG:si FUNDS.—THIS DAY.
74
kern
13°11(18. 4, Per Cent
ita„! 04i per Cent. Urribarren .!Inall, 1822, £ St., 5 per Cent —
~. .ut ttto 4?; Per Cent 99i
q.l
I,4uan per Cent B9,t,
krsh Bonds 6 t
r,.. , . , per Cen .
;,-,!tto Account
95i i
vyltto Guaranteed 4 per Cent.
~Ilemela Bonds,s per Cent —
b+htto Account ...
331
Divldendion the above payable In Loudon.
Dividends Exchangu, 24 per Cent., 12 Guilders 65i
4jo. 4 per Cent. Certificates
Console, m0ney,,,................... ..... 95R ti.
bittoaccount
... TWO O'CLOCK.
.....:::::::
.............. 95g—sellers. ..............

A letter from Berlin says that Bishop Goba is ex-
rented there, and that he intends to resign he see of
Jerusalem, in coneequence of the recent painful diffe-
tscces.
o_lllNEs,—The predictions of 'reproved prospects in
'ue At • 2 M ket though long in being verified, would
114PPearintion—be nearar their i.eali.eation at last and e have
beginning of
• " 4 vreek of great activity in share,. The
thheeirepilovernent
Ihtiar •
th nett and other mines, reported at
11 ke /4(4,, enabling numbers of speculators to realise large
erhafits,.threw more life into the market, and induced pur-
peets le many adventures in which good profits are ex.
ti,, ed before long. But a telegram having been received
Pike, the purser of
li`v4iti, (Friday) morning from Mr. .
the 74 fin. level
sadl u eia.aliittedarriett, stating that the ore in
, upon the ieformation being,
flares itimeediettly dripped to 219. eders,
found recovered to IA, buyers, and sellers cannot tse
made
ebukt known
~seek limier 11. The prices in the earlier part of the
ket,ht fluctuated from 39,. to 45e. Among the rhn -
aßortil re particularly inquired for are Cook's Kitchen,
h pr4__
~,
,so. uee 841 and Lanarth, Itedmoor, Kelly
Journal of this day.
Pithts, that while lying
,C01.23:01:4:42:°: —Bililicnr'itngs BY A SHARK.—The master of the
of Liverpool, arrived here from Tobago, re•
at Rocky Bay, in Tobago,. on. the
ltd April one of the seamen, named John Williams,
L_Yfehaitei conspaeions,
L "fr ill to bathe, although strorgly urged not to do so
on amount of the numb.er of sharks
lie —tg the shores. Shortly after he was in the water
lie let on by a shark which bit him on the cadlf f
4 bo eg, layinr.
144' , sit bare to the bone. He was rescue by
Just as the shark was about to make a second
liiher and Was conveyed to the infirmary on shore,.
34,44inthe i
4eg wag amputated at the knee.—GictsVog,