The Sun.
London, England, 1857-06-20 00:00:00

iItUNEY DIARinizIT

COMMERCIAL INTELLIGENCr.

CITY, Two o'CLocE.

The Liverpool Cotton Market yesterday was
firmer, and there was a good demand for Brazilian
Ilealities. The sales were 12,000 bales, nearly half.
of Which were taken on speculation, and the rest
for export. The Railway Share Market presented
a Stronger aspect, at firmer values.
The Bank of England weekly return made up to
the 13th inst., is generally viewed with satisfaction
by all persons interested in an improved money
Market. The changes presented above that the
Aeasure of Thursday last was forced upon the
directors, for if they had continued to exact 6i per
cent. as the minimum, they would have no doubt
found that their discount business was, gradually
diminishing. The reserve of notes is now nearly
liX millions sterling, and for the first time for some
Weeks there is a favourable movement in the other
securities; The bullion has increased and is now
nearly eleven millions sterling. In the other de-
partmenti an amendment is also apparent, and
311dging from present appearances it is not im-
probable that a further reduction in the rate of
discount will soon take plat'. The principal items
and the changes they present are as subjoined.
Active Circulation
Decrease
snllion 10,909.255
• Increase
Rest
Increase
Public Deposits
Increase
Other Deposits
Decrease
Seven-Day and other Bills 685,761
Increase
Government Securities
Other Securities
Decrease
Notes unemployed
Increase • 646,590

The official return of the export of bullion from
port of London for the week ending Thursday
'ad is as follows :

Gold Coin ... Hamburg ... 2,060 Ozs.
•... Belgium ••• 300
II of Rotterdam .•• 80 ~
Bars ... Boulogne ... 40,000 ~
Silver Coin ... Hamburg ••• 400 „
„ . Rotterdam ... 1,000 „
There is a good inquiry for discount aaccommoda-
tion in Lombard-itreet, but no pressure exists, and
re market, since the alteration of the Bank rate,
48,1 been decidedly easier.

Y The English Stock Market has been firmer to-
ut- owing to the favourable Bank return, and
the expectation of an improvement in financial
affairs both here and at France. The transactions
have not been large, but purchases have preponde-
"ted. Consols have been 93i for the, account;
;nil 93i for the opening. The New Threes are
„nt 93, and the Reduced 921 93. Bank Stock is
„..`l3. Exchequer Bills are 3t. discount to ls. pre-
quern,
Poreign Securities have been very dull, but at
Previous rates. Turkish 6 per Cents. were dealt in
at 96i, and the latest price is 961 /. Dutch 4 per
Cents. are 97 ) Russian 4l per Cents. 99, and
Buenos
Ayres 87. Equador New Consolidated
',,'re been dealt in at 14, Grenada New Active at
`4i, and Peruvian 4i per Cents. 77i.
The following are the nominal prices of Foreign
2tfleks:—Grenada Deferred Bonds. 6i ; Mexielm,
4i 3; Peruvian 41 per Cents•/ '77i 8 ; ditto 3 per
Cents., 531 41; Portuguese 3 per Cents., 46 47 ;
'Ussian 5 per Cents., 109 111 ; di+to 41 per Cents.,
Spanish 3 per Cents., 421 /; ditto New De-
'erred, 26 1 ; ditto Certificates, 6i ; ditto Pas-
live,
Thud
alings in the Railway Share Market
have been very limited, and prices,with one or two
e,eeptions, have been steady. Manchester, Shef-
kid/ and Lincoln advanced 55., and South-
estern and North-Eastern (Berwick), 10s. ;
j',teat Western declined ss. ; Caledonian, 105. ; and
'listol and Exeter, 15s. The French lines
were not dealt in, and prices were nominally
unaltered. Grand Trunk of Canada receded
,s_abent 21,, and Great Western of Canada re-
mained steady.
Mining Shares have slightly improved. Great
" heal Vor has advanced to 41, and Cobre Copper
to 52. Wheal Trelawney brought 23k.
Tbe dealings in Joint Stock Bank Shares have
been rather numerous, and at upward rates.
.7,ilk of Australasia advanced 108.; Colonial Bank,
• ; Provincial of Ireland, 11. to 1/. 10s. ; and
south Australian about 10s.
The- Miscellaneous shares have exhibited no
have
of importance ; Australian Agricultural
'aye improved 10s.

litiaTisH FIJNDS..—CLOSING PRICES—THIS DAY.
( Irons the Officoal List:)
Business done.
aank Stock
3 re* vent, Bcduced Annuitio
3
New
Cent. Consols Annuities Shut
r._"7 3 per Cent. Annuities (..'3 2i
4411 a Bonds, £IOOO
~,, Ditto, under £lOOO 7 d
wo,isois :.,- -
A , 1,01,`,,
Ditto for Opening 93/
Exchequer Billa, 2d.
£IOGO.
£5OO 3 d
917;1111
PRICES OF FOREIGN FUNDS—THIS DAY.
Buenos A yres Bonds, 6 per Cent.
,„ bitto Account
R•iquador New Consolidated l4
Ditto Provisional Land Warrant
',renada, New Active, 2i per Cent.
?ertivian Bonds, 4 per Cent —
Ditto Account
Ditto 3 per Cent. —
Ditto Account
Russian Bonds, Inl3, i.-; St., 5 per Cent —
Ditto, ,4 per Cent.
tritto Account
Turk,tt: Bonds, 6 par cent
T Ditto Account
Dividends on t'e above “,,,,, r ~.....cn.
Dutch Exchange, 2 per Cen;., 12 Guilders
Do. 4 per Cent. Certificates
TWO O'CT.OOK.
Consols for Account

The rate of discount continues to advance at Ham-
burg, and is now 61 per cent.
It was announced to-day that the acceptances of Messrs.
John Langton and Co., of Liverpool, ship brokers, have
been returned. The liabilities of the firm are stated to
amount to 75,0001.
THE EDUCATIONAL CONFERENCE.—His Royal High-
ness Prince Albert will take the chair on Monday next,
at three o'clock in the afternoon, at Willis's Rooms to
inaugurate the educational conference.
THE IRISH PEERAGE.—Viscount MOttntMorres will
Stand for the next vacancy which may occur in the re
Presentative peerage, after the election of the Earl o
Bandon.
ERECTION OF A MONASTERY.—The Benedictine Order
are about to erect a monastery at Belmont, near Here-
ford, on a scale unknown in England since the Refer-
oration. Mr. Welby Pugin has advertised tenders fit zu
the work. A handsome catholic church has also recently 16
been built at Belmont,, at the sole expense of F. R. 22?)
Wegg Prosser, Eeq., formerly member for Hereford-_ 20
shire, and who a few years since seceded from the 5
Church of England.— Cheltenham Examiner. 20
FATAL ACCIDENT.—Yesterday evening an inquest 20
Was held at St. George's Hospital, Hyde-park-corner, 33,
before Mr. Bedford, coroner for Westminster, on the 10
body of Mr. Giles Pocock, aged 38, late steward to 20
the Junior United Service Club, who was killed by 20
being thrown from his horse in Mount-street, Gros- 16
16
venor•square, on Tuesday morning last. The jury re- 1g
turned a verdict of "Accidental Death." The deceased, 20
who was much respected, has left a widow and family. 20
The District Surveyorship for the Western division of
the City is now vacant, and the Metropolitan Board of 10
Works will shortly be called upon to elect a surveyor to 20
fill the office. In these times,when old houses are falling 5
about us, perhaps for the want of proper supervision, it 20
behoves the Board of Works to select well-established 10
men of tried ability and known competency. In making 203
0
a judicious choice, we are assured there exists but little
difficulty, as 181
we find among the candidates the name of
Mr. Richard Tress (of the firm of Tress and Chambers),
an architect of no small reputation, under whose direc-
tion the City of London Union Workhouse at Bow, the
Central London great range of schools, and many other
well-known edifices, have been erected. He is surveyor
o the Cutlers' Company, and is well-known in the City
ai a skilful and an attentive man to his trust, a satisfac- _
tory guarantee that in his keeping the appointment
Would be safe. Whether the Board elect Mr. Tress or !
any other person, we hope to see the office filled by one
capable of preserving our lives from the danger of w
out buildings buildings falling upon us as we progress through the
streets. The late catastrophe in Tottenham-court-road
lia proof of the necessity.
HAMPSTEAD HEATII.—At the weekly meeting of the
St. Pancras Vestry, a communication was read from Sir
B. Hall announcing that a bill had been brought into
Parliament having for its object such an alteration of
the Leases and Sales of Settled Estates Bill as would
enable Sir T. M. Wilson to carry out his views with
regard to building at Hampstead heath, and expressive
of a fear that, unless some steps were taken to effect its
purchase, the object of the alteration might be effected.
After some discussion, condemnatory of the conduct of
the Metropolitan Board of Works, Mr. Farrer moved
that a petition be presented to both Houses of Parlia-
ment, praying them not to pass a bill removing the re-
striction on Sir T. M. Wilson, as contemplated by the
alteration of the Leases and Sales of Settled Estates
Bill, and also praying the legislature to take such mea-
sures as may tend to preserve the heath of Hampstead
for the health and pleasure of the artisans and inhabit.
ants of the metropolis, and the general public. The Rev.
R. Eokett seconded the motion, and it was carried
xnanium aoly.