The Sun.
London, England, 1858-03-31 00:00:00

MONEY MARKET

iNf)
COMMERCIAL TNTELLIGENCT.

CITY, Two O'CLOCK.

The Liverpool Cotten Market yesterday closed
flatly, and prices of most descriptions ware fully
id. per lb. lower. The sales were estimated at
6,000 bales, 3,000 of which were taken by the
exporters.

In the Foreign Exchanges yesterday afternoon
the rates on Antwerp, Amsterdam, and Frankfort
were higher, but on Hamburg and Trieste they
were rather lower.

The Silver Market is quiet, and bars are quoted
ss. lid. per oz. standard. About 45,000& in that
metal was announced to-day from Boulogne by the
steamer Rhine.

The applications for discount accommodation in

the open market and also at the Bank continue on
a limited scale. Owing, however, to the prepara-
tions for the bills which arrive at maturity on
Saturday—the 4th being Sunday—there is rather
more inquiry in some quarters, and to-mor-
row increased activity will no doubt ho experi-
enced. The aggregate amount of pap-r which now
become due is not supposed to be very large, but
the liquidation'of the engagements will probably
cause atemporary influence upon the value of money.
At present, however, no important change has taken
place, the current terms being about the same as
for some weeks past. Although trade is certainly
less depressed then it was, the increased trans-
actions have not yet been sufficient to absorb
any considerable portion of the present supply of
available means, and the competition which natu
rally prevails amongst moneyed firms to participate
in the limited business now in progress, prevents
much variation in the rates. The subject of a re-
duction in the minimum to 2i per cent. has ,gain
been discussed, but it is not generally supposed that
a further concession will be made. The directors
appear to have resolved not to do so; ot}•erwise the
measure would scarcely have been delayed, when
the position of the establishment, a fortnight ago,
would have rendered the measure practicable.
It is generally understood that Saturday will be
made a holiday ih the City. Thanks are due to
the LOrd Mayor for lis endeavours to secure
this concession, which will have the effect of giving
a large number of the commercial public: a recess of
three days. It merely involves the suspension of
business for half a day. Saturday having f)r some
time past been a half holiday, attd as trade is ex-
ceedingly dull, the movement cannot be attended
with much inconvenience to principals.
Dealings have taken place in the New India❑
Loan Debentures at 98} 991. This is the first time
any quotations have been given.

The Market for Engli-h Securities is quiet, and
about per cent. lower. Very few dealings have
taken place, either in speculation or for invest-
ment, and the other markets present an
equally dull appearance. Rumours of a deficiency
in the Reserve, and of the consequent probability
of a loan, have been current, and have no doubt
assisted to increase the Leavy tone of the market.
Consols have been 96/ for money, and the same for
the Bth pros. ; the May price is 97 to 97,k ; Ex-
chequer Bills 355. preni.; and the Bonds 1007; 101 t.
The transactions in the Foreign Stock Market
are limited, and prices tend downwards. Turkish
6 per Cents. are 100} 101 ; ditto 4 per Cents.,
104 f ; Spanish 3 per Cents., 43i 44.1 ; Russian 5
per Cents., 1091 ; ditto 4i per Cents., 100± ; Peru-
vian 41 per Cents. 83i ; and Portuguese 3 per
Cents., 45i !.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 5 61 ; Mexi-
can, 19i 20k ; Peruvian 41 per Cents., 83 84 ;
Portuguese 3 per Cents., 45 46 ; Russian 5 per
Cents, 109 111 ; ditto 4i per Cents., 99 101 ;
Spanish 3 per Cents., 44 44i ; ditto New Deferred,
26i j.
A very limited business has been reported in the
Railway Share Market to-day, and in most in-
stances a decline of about to 4, per cent. has
taken place. South Western and: Notttt Stafford
have receded ss. ; Caledonian, Eastern Counties,
Lancashire and Yorkshire, North Western, and
South Eastern, 10s.; and North British and North-
Eastern (Berwick); 11. The For,iLfn and Colo-
nial lines are very quiet, and exhibit li tie variation
from previous quotations- Grand Trunk of
Nada have declined 1/. ; and East Indian 15s.
Mining Shares are quiet, at about former values.
For Joint Stock Ba.nk Shales there was a
moderate inquiry. London and Westminster im-
proved ss. ; and London Chartored of Australia,
10s.

In the Miscellaneous Share Market there is no
change of importance to repot.

THE POST-OFFICE DIRECTORY OF

LANCASHIRE.

KELLY AND CO.

Messrs. Kelly and Co., the enterprising com-
pilers of the London Directory, are proceeding with
their series of country dire eories in their usual
admirable ett le. Among the advantages of civili-
cation, which are becom'ng too common to be
appreciated in their full value, are these excellent
works of reference, which will soon enable an in-
habitant of one eed of the kingdom to discover the
residence of his correspondent at the other, in
a manner that would have appeared magical
a few years since. Twelve of these county
directories have already bt en published, in-
cluding nearly thirty counties and several of
the chief towns of England. The present
is devoted entirely to the county of Lancashire, of
which it gives a full and tho'ough account. The
towns, the townships, the villages, the prricipal
seats of the nobility and gentry, the commercial
prospectuses, are all described at full length. The
court and trades' directories are given with the
usual exactitude. The introductory treatises on
the county and its chief departments are full of
interest. The statistics of the population,
number of houses, state of trade, &c., leing
of great importance. The increase of popu-
lation and other signs of progress in the different
localities, are carefully noted. A directory of the
counties of Westmoreland and Cumberland is in
the press, and another of Northumberland and
Durham is now compiling. Subscribers may there-
fore anticipate a speedy completion of the series,
which will classify and register all the householders
of this populous country, and afford an unanswer-
able testimony to the enterprise and perseverance
of Messrs. Kelly and Co.

BRITISH FUNDS.—CLOSING PRICES—THIS DAY.
(From the Qiftetat Ltst;l
Fusines. done.
8 per Cent. Consols Annsitles
adis Bonds, £l000
Batik "Stock —
DittO Account,
On:sols for Account

Exchequer Bills, 2id. March. - Juno.
£lOOO • ...
- V6OO . 35 I
Small
Exchequer Bonds, 1558, RA per Cont....
Ditto, 1859
PRICES OF FOREIGN FUNDS—THIS DAY.
Braman 5 per Cent,
Ditto 1852, 4i per Cent. -
Do., 1829 and 1839, 5 per Cent . [ 1025
Buenos Ayres Bonds, 6 per Cent. 7Bi
Peruvian Bonds, 4i per Cent —
Ditto Account
Portuguese Bonds, 3 per Cent., 1853
Passim) Bonds, 1522, £ St., 5 per cent IO9A
Ditto, 4i per Cent. IOO 100
Spanish &nide, 3 per Cant.
Ttirkiah Bonds, 6 per cent —
Ditto Account ....
Ditto Guaranteed, 4 per Cent.
Ditto Account loli
Venezuela Bonds, 41 per Cent
Dividends on the above payable in London.
2 &AKE o'oLocif
Console, money
Console Account, (April 8)

THE DEPUTY-CHAIRMANSHIP OF THE EAST INDIA
COMPANY.—We are given to understand that on the
appointment rf Sir Frederick Carrie, Bart., to succeed
to the chairmanship of the Ea-t India Company, at the
expiration of the usual term of office of Mr. Ross Don-
nelly Mangles, M.P., on the 14th of next month, Capt.
Bastwick will be nominated to the deputy-chairmanship.
This officer entered the Bombay army as a cadet in 1827.
the same year with Sir Henry Rawlinson. After getting
several staff appointrnerts, and evincing pr.tficiencv
the Oriental languages, h was transferred to the p:tl it-
cal department, and made first assistant to Colonel Pot-
linger, then Resident in Scinde. He accompanied Sit
John Keana's army as political officer, and was int”usted
with the negotiation of the treaty of 1838 with the
Atneers of Lower Seinde. On the advance of the Briti-h
force into Affghanistan he was left in charge of the poli-
tical agency of Upper Scinde and the districts below the
Bolan Pass by Sir Wm. Macnaghten. Subsequently 13,
atted for a short ;ittoe as Rs,ident in Scinde on the d, -
prtrture of Colonel Pottingsr. Returning to Eaglet,
on sick certificate, be was eel.oted hy Sir H. Putting,
to accompany him to China in 1841, but his health not
permitting him to accept the situation, he eras succeeded
in it by Colonel Malcolm. Captain Eastwick was elected
to a seat in the direction in I.B47.—Moniewqra