The Sun.
London, England, 1858-05-05 00:00:00

NIONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The Liverpool Cotton Market yesterday pre-
sented a very animated appearance, and the values
of all descriptions were well supported. The sales
amounted to 14,000 bales, 1,000 of which were
taken by exporters, and 1,000 by the speculators.
In the R til way Share Market the transactions
were rather numerous, and prices tended upwards.

The balance-sheet issued by Messrs. Calvert and
Co. show a surplus of assets over liabilities of
242,573/. 3s. 2d. on the joint estates, which is more
than sufficient to cover the estimated deficiency
exhibited on the private estates. If the affairs of
the firm are liquidated, under a deed of inspection,
the creditors, it is said, may expect payment in
full with interest, but on the other hand should
litigation ensue, through the proceedings of hostile
individuals having claims against the estate, much
delay and expense would follow, t) the prejudice
of all parties.

The commercial payments which had tobo com-
pleted yesterday were unaccompanied by any seri-
ous embarrassment ; and, notwithstanding the
numerous engagements which have arrived at ma-
turity during the last week, no material alteration
has taken place in the money market. Owing to
the superabundant character of the supply, a little
extra demand creates no lasting impression, and
the discount firms still willingly accept lower terms
than those required by the Bank authorities. The
settlement of the monthly account in Consols is
now going on, and this has led to an increased
inquiry for accommodation among the speculators
yesterday, and 4 per cent. was paid for loans on
Government securities, whereas, a week ago, there
were no borrowers even at 1 and 13/4 per oent.
The fluctuations in this department, however,
are frequent, and unimportant so far as the gene-
ral public are concerned. A payment of 15 per
cent. is due this week on the Indian Loan, but so
much has been subscribed in advance that little
remains to be handed over to the Hon. East India
Company. No important effect will therefore be
produced by the -operation, and in a few days the
money market will no doubt relapse into its previ-
ously quiet position.

The rates of continental exchange remain with-
out any material variation.

Nearly 12,000/. in American gold was taken
fr3m the Bank vaults yesterday.
The Alhambra has arrived from Gibraltar with
17,3421. in specie.

Increased firmness is apparent to-day in the mar-
ket for Public Securities, but, except in connection
wi.h the sat tlement, there is little doing. The re-
mittances advised from Australia, and the favour-
able progress which the Ministry are making, are
the chief causes of the stability of the market.
The tendancy is still further to improve, and if the
;peculators continue their purchases, a steady ad-
vance will no doubt be experienced. Consuls for
transfer have bean 971 /, and for June 97i. The
New Threes and the Reduced Annuities are 96 g.
The New 31 per Cents, 103. The New 2 per Cents,
81. The March Exchequer Bills 37 to 40 prem. ;
the June ditto, 35 to 38. The Bonds 1001
101 and India Ditto 225. premium. Indian Loan is
marked 1001. Bank Stock 2211 and India do., 225
Foreign Securities have been dealt in to a mo-
derate extent, and quotations in most instances
exhibit an advance. Turkish 6 per Cents. are
98 / 99 ; Sardinian 5 per Cents., 91i ; Mexican
3 per Cents., 20i ; Peruvian 42 per Cents., 831
841 ; Ditto 3 per Cents., 59 ; Grenada New Active,
20i ; Ditto Deferred, 6 ; Venezuela 4/ per Cents.,
381 ; Ditto Deferred, 141 ; and Dutch 4 per Cents.,
100.

The following are the nominal prices of Foreign
Stocks : Grenada Deferred Bonds, 5i 6 ; Mexi-
can 3 per Cents., 201 ; Peruvian, 82i 831 ; Por-
tuguese 3 per Cents., 4518 46i ; Russian 5 per
Cents., M. 113 ; ditto 4i per Cents., 101 103 ;
Spanish 3 per Cents., 44 Is ; ditto Deferred, 26i 27.
The transactions in the Railway Share Market
to-day have been rather numerous, and prices have
exhibited an upward tendency. Caledonian, Great
Western, Lancashire and Yorkshire, North Wes-
tern, South Western, and Midland, improved ss. ;
Eastern Counties, Great Northern, North Eastern
(Berwick), Seott?sh Midland, South Eastern, and
Vale of Neatly, 10s. ; and Brighton, 15s. Man-
chester, Sheffield, and Lincoln declined ss. In
the Foruizn and Colonial lines the dealings were
extremely limited, and but little alteration took
place in prices. East Indian have declined about
103. Grand Trunk of Canada, Great Western of
Canada, and one or two others, were at former
values.

Mining shares were at quite nominal values.
Joint-Stock Bank and Miscellaneous shares have
been inactive. Australian Agricultural shares have
improved about 53., and Tan Diemen's Land
about 53.

BRITISH FUNDS.—CLOSING PRICES—THIS DAY.
(Prom the Officua List;)
Bank Stock 2213
3 ~). neat. 11.8,11.10 ed Annuities... • 9f4
3 per (hat. Clns:3ls Annuities 973 3 4
New 1 per Cont. Annuities
v® .e gi per cent. Annuities
New 2,1 per Cent. Annuities Bl
Long Annuities
;nr
yiteieasrs(,Ezi.re sth
sthJsanp,l, 5
~,1816808) HII-16
India Stock
India Loan Debentures ........... lOO4
Ditto Scrip
I ',it:, Ilbud,i, £C.10,30 .......... .• • •
Ditto, under .tlOOO 22 18
Consols for Account ............ ...
Excbequiir Mils, lid. March. June.
i_1000
-.11A9 . • 37 40
S-n rill
• • ..... ..•
Exchequer Bonds, 1358, 3i per Cent....
D,tto, 1'359 ............................. . ...... 101 1001 11
PRICES OF FOREIGN FUNDS—THIS DAY.
Huenos Ayres Bonds, 6 per Cent. •
Ditto Deferred 3 per Cent
Grenada New Active, 24 per Cent.
Ditto Deferred. 6
Mexican 6 per Cent .
ilitto Account . .. . 203
.. ••
Peruvian Bonds, 41 per Cent --
Ditto Account B4 i 34 4
Ditto 3 per Cent. -
Ditto Account,
rims nail i;ends, 1122, k; St., 5 per Cent —
Ditto, 41 per Cent.
eardiuiau Bonds, 5 per Cant.
Ditto Account
Spt:flish ;,),'llls, 3 per Cent.
Ditto New Deferred, '3 per Ceti!,
Ditto Account
Swedish 4 per Cent.
Tat klbil ;Ann's, 6 per cent...
Ditto Account . .. 984 i i
Ditto Guaranteed, 4 ;ier Cont.
Venezuela Bonds, 4i per Cent
i )itto Account
Ditto Deferred, 2 per Cent. . .
invideo,ts on the :mow payable In London.
Belgian 41 per Cent., ex. 25 franci
Dutch Excilang% , 21 per Cen.L, 12 Guilders - -
Do. 4 'i,r cent. Certificates
Peruvian Dollar Bonds, 40 per Cent. 33
ft /MEE O'CLOCK.
Consols, money ...... . .......... . .. •—• Oelt 11
Consols account (May 6)