The Sun.
London, England, 1858-07-29 00:00:00

MONTI v Tvt p wl
dl/4,

D

OOMMERWAL INTELLIGENCti.

CITY, Two o'CLooK.
The letters from Liverpool mention that the
Cotten Market yesterday closed heavily, and prices
of most descriptions slightly declined. The sales
amounted to 7,000 bales, 1,000 of which were
taken for export. In the Railway Share Market
only a limited business was transacted, and quo-
tations tended downwards.

About 93,0001. of the gold brought by the Hea-
ther Bell has been taken into the Bank, and it is
expected that a portion of the remainder will be
similarly appropriated to•day. The de-nand for
the Continent is limited, and the advance in the
exchanges will no doubt prevent any extensive
efflux for the present. Owing to the reduced ship-
ments of specie to the East, the silver market is
dull at ss. ltd. per oz. standard for bars, and few
purchases of the metal have to be made on the Con-
tinent, the Mexican receipts supplying the market.
The steamer Ripon, which leaves on the 4th, is ex-
pected to take out a very small quantity.
It was generally presumed that the demand for
money at this period of the month would have
slightly increased, but the preparations for the 4th,
the settlements at the Stock Exchange, and the
approaching loan instalments, have had no percep-
tible influence on the rates of the demand. Ex-
treme easiness and abundance are still the charac-
teristic features of the market, and yet the greatest
apathy prevails in speculative circles. The public
seem afraid to invest, and keep their available
means idle, or on deposit at nominal rates of
interest, rather than turn them to any
better advantage. An unnatural degree of
timidity is thus evinced, and although most of our
contemporaries have endeavoured to remedy this
abnormal state of things, no reliable indications of
a change are apparent. The cloud, however, is
one that may be dispersed at any moment, and it
Would not excite surprise among those wbo atten-
tively watch the progress of affAirs if the calm now
experienced were succeeded by speculative activity
and inflation.

No transactions have yet been recorded in the
New Zealand Scrip ; nor are there likely to he any
of importance until the unallot:ed portion of the
loan is "placed." Application will no doubt be
made for the full amount ; the security, bearing
interest at 4 per cent., and terminable in 30
years, is one likely to suit insurance and other
companies having the command of large sums of
money which, to be made productive, must be in-
vested in property of that description. Surprise con-
tinues to be expressed at the price fixed as the
minimum, for it follows that it musst be too high,
or else that the Turkish 6 per Cents.—in many re-
spects a better security—are nut at their proper
-value in the marker. They are more easily nego-
tiable than the New Zealand Debentures are likely
to be, and although not possessing the advantage
of redemption in 30 years, the Turki4l Fours are
guaranteed by no less than three Governments,
and are negotiable with as much facility as almost
any of the English securities.
The news from India has given genoral
Von, and not only has it exerted a favouraVem-
fluenee on Consols, but it has also caused an im-
provement in the value of East Indian Railway
%hares.

The market for English Securities is firmer, the
Indian news having stimulated a few purchases on
Speculative account. Besides these operations
there is a steady demand for investment, which
Strengthens the market. Owing to the near ap-
proach of the settlement, howyver, business is gene-
rally curtailed. Consols have been 954 for money
and account, which are the present quotations. The
New Threes and the Reduced are 994 ; the 5
per Cent. Annuities 114 ; Long Annuities, 1 ;
Exchequer Bill, March, 355. to 38s. prem. ; June,
225. to 255. prem. ; and ditto Bonds, 100 i
Stock is 224, 226 ; India ditto, 219 ; and ditto
Loan Detentures, 99i I.
In the Foreign Stock Market business is mode-
rately active, and quotations have advanced.
Turkish 6 per Cents. are 05i g ; Brazilian Scrip,
prem. ; Buenos Ayres Deferred, 18i ; Equai-or
New Consolidated, 14i ;
20 ; Mexican 3 per Cents.,
Peruvian 3 per Centii., 691 ; ditto Dollar
Bond?, 76 ; and S:rdinian 5 per Cents., 9i)i.
The last week's railway receipts, ascertained up
to this day, are in round figures as under
1858. 1857.
NGreat Weßtern £32 898 £35,057
orth-Western ............ ********
68,129 71.033
South-Western **********************
19,156 21 139
Brighton
18 401 18 325
Midland
San th- Eastern
Great
23 755 25,134
.N.rthern 23 363 23 037
Lancashire and Yorkshire,.....***** 27.351 27,751
Bristol and Exeter
Mancherer and Holyhead ......... 7,324 6,584
East Lancashire.. 7,106 7,156
Manchester, Sheffield, & Lincoln lO 163 10,618
North-Eastern .................... 37,773 39,303
West HartlPpool ....
Belfast and Ballymena ••••••••••••
1,391 1. 376
Edinburgh and Gia,o-nw
dinburgh, Perth, andb Dundee
Glasgow and South-Western 3 648 3,667
7,803
Grand Trunk ci 9,os7Canada 9 057 9,706
Great Western of Canada ..
:
Northern of France •
41..................... 10,12 2704
37 635
7,845
Business in the Railway Share Market this
Morning has been inactive, and the few dealings
reported have been in c mnection with the arrange-
kents now in progress f,,r the settlement of the
half-monthly account. Prices generally show a
slight improvement. North-Western, South-West-
ern, Midland, Norili Eastern (York), and South-
tastern, have improved 10s. ; and North Briiish
2/. Caledonian, and Lancashire' and Yorkshire,
have declined ss. to 103. The Fertrign lines are
exceedinchigly dull. Northern of France have de-
ued 58. ; and Bahia and San Francisco have
slightly
improved. In the Colonial Market, East
India have improved 155.; Great Indian Ptninsula-,
; Grand Trunk of Canada and Great Western
°f Canada are at about previous quotations.
Joint-Stock Bank Shares have been at steady
'Values. Bank of E 5
Scottish, and
gypt have recededs. ; Ei:glish,
:Bank Australian Chartered, ss. ; Colonial
to
improved 55.; and London and County, ss.
In 10s
the Miscellaneous Market there is little altera-
a to
to 64 report. Royal Mail Steam have advanced

BRI CISH FUNDS.—CLOSING PRICES—THIS DAY,
(Prom the Ofßeta7 List;)
'P,annk Stock
226 4
Three per Cent. Reduced Annuities ... fl6l
3
A.,71,i i !~,
li•el7 Three per Cent. Annuities
t per Cent. Annuities.
114 15
...............
I,°D:g;ittA,ont:l4l.tykeres:pire sth Jan 1860
~ sq.noic expire sth April, 1885 18 7-16
21
Ditto Debentures
tittttn°llBcoritiPs . 6006—:::...... ....................... ......1....: 71kpini
Consols for Account ""
**********
...
95i-
z•
-'zenequerßills
March. Juno.
11000
...................... .. ........
.. I 22
2500 ..................... .. ............. I 25
Sanal ........................ ... 33 5 22 5
Exchequer Bonds, 1859, 3 i per Cent. .... Oli . FOREIGN FUNDS.—THIS DAY.
Brazilian 5 per Cent.... -
.Ditto Scrip, 1858 A i
11 ienos yres Bonds, 6. per Cent.
.Ditto Deferred IBA
tivador New Consolidated
Mexican : per Cent. 20 h... ..... -•• ••- - on 3
-
4,;14
Perrvian llowls,,lj'i per Cent .
Ditto 3 ner rent
Russian, 1822, £ St., 5 per Cent
10) *
Ditto 1858, 46 ner Cent.
Sarkisr(linian 5 per Cent...... .................
Tuh P.onds, 6 per Cent. ' 9
05g
Ditto, Account
invia,”4c on tha At,o7, nft-aNe in imwion
tertrvian Dollar Bonds, 4i per Cent....... 76

C',.n 801 tn tinny
Ditto account

TITREE O'CLOCLY.
..... 954
.......

Colonel told b C----., who wal bend and ears in deb!., tval
ir his servarA that a person wantf,d to see him on
Partleolar h‘,sine=p. 11,,, z
c;rin a riPAoripfion of the an.
nonnead, the reply was " A man of " Oh, Pay
310 more," Paid the colo'.
nel, I n
kow what colour—it is
Q dun r..
TliX SUFFERERS 13? THE WESTERN r,A.NK —A 1-11"1.in2;
.vaa held yesterosy in Glasgow, a. which it wan arced
!?•rai.-41 f.uhseription for the unfortunate staff r, re by
tuse he failure c 4 the We-ttrn Bank. The ,urn l'f
pu •
bPeriht_.d at the meetin includingeach from
501.
Latour liquidat
1,5001.