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

MONEY MARKET

D

CODIMEP.CIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Liverpool Cotton Market yesterday closed
very firmly, and compared with Friday prices were
buoyant. The sales were estimated at 8,000 bales,
1,000 of which were taken for export, and 2,000 on
speculation. In the Railway Share Market a de-
cided improvement again took place.
The withdrawals of gold from the Bank must be
causing a reduction in the stock of bullion, for the
revenue collections aro now being prosecuted with
less vigour, the quarter being over, and it has not
transpired that any large amount of coin has been
received during the last few days from the coun-
try. A further sum of 70,0001. was sent
away yesterday for transmission to France, and un-
less the gold by the Royal Charter, now 87 days at
sea, soon becomes available, other withdrawals will
be effected. The next weekly return published by
the Bank will, no doubt, show a falling off, but
owing to the excessive stock of the precious metals
still on hand, a little temporary decline should not
excite uneasiness. The extraordinary glut of gold
in all the great banking institutions of the world—
viz., England, France, and America, may look
lerY Pleasing, but unfortunately it indicates
commercial prostration. A little reactionary
movement, both in the bullion and the other
securities, must therefore be regarded with sa-
tisfaction rather than otherwise. In most di-
rections the amount of paper now offered for dis-
count is much larger than it was a short time
Since, and the general inquiry will no doubt con-
tinue to expand, as a recovery in trade seems pro-
bable.

By the arrival of the European, from Australia,
at Alexandria, with 138,1081. in gold, we learn
that the following vessels are en route for England,
viz•.:--The Shooting Star, for Liverpool, with
41,598 oz. ; the Heather- Bell, for London, with
75)792 oz ; and the Eagle, for Liverpool, with
25,945 oz.

The dollars by the last West India steamer have
been purchased at ss. Oid. per oz.

The half-yearly meeting of the Colonialßank has
just been held, at which a favourable report was
read, and which stated that the profits of the half-
year were 30,768/. 12s. 7d., after providing for all
bad and doubtful debts. The effects of the late
crisis had not been very severe, which was foreseen
by the directors at the last meeting. The accounts
'Were as follow :
Specie £256,040 14 3
Due to Bank 934,228 11 10
Do. in current accounts
Do. in London 1,166,567 3 2
Bank premises, &c.

Being total assets £2,383.923 7 7
A dividend of 3 per cent. for the half-year, or at
the rate of 6 per cent. per annum, was agreed to,
and the report was adopted.
There is rather a buoyant market for English
Securities to-day, a rise of it per cent. having oc-
curred, and the tendency is further to advance
owing to an increased demand for stock. The
speculators appear to be more inclined to operate,
and several purchases for the August account are
reported. Consols have been 951, buyers. and 951
for August, and are now quoted 951 1 for the pre-
sent account, and 951 96 for August. The New 3
per Cents. are steady at 951 96, and Reduced An-
nuities, 951 96. India Stock is 221 ; Bank Stock,
222 ; and the March Exchequer Bills, 345. prem.
The Foreign Stock Market continues buoyant,
and full:rates are current. Turkish 6 per Cents.
are 96 96k; ditto 4 per Cents., 1041 ; Spanish 3
per Cents., 441 ; ditto Deferred, 27k Y ; Russian
41 per Cents., 991 ; Sardinian 5 per Cents., 8911
90 ; Venezuela 5 per Cents., 37/ 38 ; Brazilian
Scrip, discount ; Buenos Ayres 6 per Cents., 83k ;
Grenada New Active, 21 ; Mexican 3 per Cents.,
191, 20; Peruvian 4 per Cents., ditto 3 per
ecats., ; „ad Yw Luguebe 3 per Cents., 45i
A very moderate business has been reported in
the Railway Share Market this morning, and prices
In several instances have not been quite so firm,
the variations having amounted to about to 1 per
tent' Raiitern Counties and South-Eastern declined
US• ; North-Western, Midland, North-Eastern
(Berwick), 10s. ; North-Eastern (York), 1/. ; and
Great Western, 1/. 10s. ; Great Northern, South
Western,. and Manchester, Sheffield, and Lincoln,
improved about 10s. The Foreign and Colonial
'Undertakings have been very quiet. Paris and
Lyons have declined about ss. ; Northern of
Prance advanced ss. ; Grand Trunk of Canada,
58. ; Great Western of Canada, ss. ; and East
Indian, 10s.
Joint-stock Banks and Miscellaneous Shares
altovr little alteration from previous quotations.
Oriental Bank have receded to 35, and Canada
Land Shares improved to 120.

BRITISH FUNDS THIS DAY AT ONE i eol OCK.
(Prom the Official List:)
P. ail Stock
Three per Cent. Reduced Annuities . 96 5i
3 oe, -.. . b,..,, Anniutios 9sa q ?2, i
New Three per Cent. Annuities
I iidi:, Stock
Ditto Bonds, £lOOO ... ...
Consols for Account
Exchequer Bills— March, June.
21000 .
31 I
Smail
... 31 1 18
?ItICES OF FOREIGN FUNDS AT ONE O'CLOCE.
Brazilian 5 per Cent -
Ditto Scrip, 1853 . . . •1 d
Buenos A yrcs Bonds, 6 per Cent. —
,
Ditto Account 831
Grenada New Active, 2 per Cent 2l
IlLazican 3 per Cent
4
Ditto Account l9 20
- - Peruvian Bonds, 4i per Cent
Ditto Account
Ditto 3 per Cent •
Ditto Account
Portuguese 3 per Cent., 1853 —
Ditto Account
Russian, 1822, £ St., 5 per Cent - -
Ditto 44 per Cent 99
Sardinian 5 per Cent —
Ditto Account B9i 93 89;
Snsnish Sonde, 3 per Cent.
1 Ditto Account • 44!i
Ditto New Deferred, 3 per Cent.
Ditto Account ..
Ditt.. Passive ••
8
Turkish Bonds, 6 per Cent.
Ditto Guaranteed 4 .r Cent.
Ditto Account p' i
Venezuela 80nd45 ******* **
Cent****** *************
' IOV-,
37
Ditto, Account 33
Dividends ou the above payable In Lund".
Consols for account T 11$70 O'OLO( K.
~ d
August account
tai

CURIOUS DL9COVERY IN THE CITY.-1 Curious diFCO-
- way made on Monday in the very centre of the
City. While the porter of Mr. Steal., of 65 Bread-street,
Was removing some old papers in the third floor of his
late warehouse (30, Addle-street, Wood-street), a live
snake was found, nearly three feet in length. It is now
at the above address.
ARRIVALS FROM INDIA.—The Peninsular and Oriental
Company's steam packet Indus, Captain Evans (Admi-
ralty anent, Lieutenant Chariee Bolton, R.N.), arrived
at Southampton yesterday, with the heavy portion of
the India 'nails, having left Alexaedria on the 21st,
Malta on the 25th, and Gibraltar on the 30th of June.
She
tain Fanshaw, bronght.l33 Peeseneers, amongst whom were Cap
Colonels Colonels Dunlo and lade ; General Low and lady ;
p Lowndes ; Captains Girdlestone,
Scott, liuntt,r, Green, Granville, Durham, Wilson, and
'kat ; Colonel Wells, Major and Mrs. Wilde ; Majors
Gloater, Willis, and ; Lieutenant Radcliffe,
Murray, and Thurlow ;
R.N.; Lieutenants Packenhatn,
Mrs. Gihnore, Messrs. Woodhouse and Beauchamp ;
Doctors Evans, NPAndrew, and M'Nab, &e., eze.
THE APPARENTLY DROWNED.—The Admiralty have
ordered that copies of new instructions for the restora-
tion of the apparently drowned, just, issued by the Ral
National Life Boat Institution, shall be supplied to each
of her Majesty's ships. These instructions are the
result of the latest discoveries in the restoration of the
apparently drowned. The opinions of the principal
medical bodies, and of 300 medical men in this country,u
co
as alio of those of the chief medical bodies on the -
titteut have been obtained by the National Life Beat
In,titution on the subject.
THE DAGENHAM MIIRDER.—A special meeting of the
Ilford Petty Sessious was held on Monday, at the Court-
hou,e, adjeining the gaol, for the purpose of further ex-
amining the witnesater iu this inquiry. The depositions
of the witnesses; as taken at the last c )urt were read over
by Mr. Clifton, and the witnesses were cross-examined
by Mr. Atkineon. The woman Smith, who is extremely
deaf, during the reading of her depositions, continually
remarked, "That's true," " Quite right," " Yes," and
other similar confirmatory ejaculatione, and at the con-
troubled added, "I assure you that is true. It bas troubled me very much, and I could not keep it to my-
self any longer. was obliged to till the truth, to let
the world know who it was had done the deed." The
magistrates, after consulting together, decided to re-
mand the case till Saturday next, refusing the applica-
tion for bail. The prisoner was accordingly removed in
etatody,

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