The Sun.
London, England, 1857-07-29 00:00:00

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COMMERCIAL INTELLIGENCZ,

CITY, Two O'CLOCK.

The Liverpool Cotton Marktt yesterday mani-
fested a firm appearance, and prices were fully as
dear for all descriptions. The sales were estimated
•at 8,000 bales, 1,500 of which were taken by the
speculators. The Railway Share Market closed
quietly, with very few tra•Jsactions, and prices
Were without any material alteration.
The effiux of bullion from the Bank of England
continues, and during the last week upwards of
200,000/. has been withdrawn. This is a most un-
favourable movement ; but large amounts of specie
are drily expected fcom Au,tralia, which may soon
make up the deficiency thus produced. Yesto,rday
further SU ID of 45, 000/. was sent a way for trans in issi
to the Continent, where.supplies of silver are being
obtained for the East. The Ovd-land Mail, now
telegraphei, reports a slight advance in the rates
of exchange in India and China, and this is likely
to occasion increased shipments to those countries,
but there is still every prospect of the recciFs of
specie being Euffi zient to satisfy this demand and
cave a small surplus for the Bank.. The alOrations
in the exchanges will be seen by the following
table : •

_ .
'Last Mail. This Mail.
s. d, s. d. F. d. a. d.
Calcutta 2 1 to 2 14 2 21 to 2 2a
Bombay 2 2 to 2 2;i 2 21 to 2 2
Hong Kong
Shanghai
The advicec state that money in India was be-
coming dearer, and trade, as might naturally
be expected, was almost at a stand-still. Some
persons seem disposed to view the intelligence in a
favourable light, but the majority are disap-
pointed.

The continental exchanges, yesterday afternoon,
Were less satisfactory, the operations in silver hav-
ing had an unfavourable influence.

The demand for discount accommodation has
increased, and full rates are now, in almost all
cases, exacted for the negotiation of commercial
.
Paper. This revived pressure, however, likely
to be only temporary ; and as soon as the pay-
ments of the 4th are completed, some relief will no
doubt be experienced. Besides the preparations
for the engagements then maturing, the arrange-
ments connected with the harvest also give ex-
tended employment to capital.
In consequence of the advices by the Overland
Mail tea is.held for Id. per lb. advance, and salt-
petre has risen Is. 6d. to 2s. per cwt.
The advices from India being considered rather
more encouraging, the fall in the Funds has been
arrested. Some of the speculators for a decline
have realised, and prices are firmer. Increased
confidence is apparent, and an early settlement of
the insurrection is calculated upon, but when the
mail is delivered it is not improbable that the
intelligence may be deemed more unsatisfactory.
A Very large amount of stuck liras been sold of late,
and there is consequently a slight pause, as the
Indian news has been " discounted." Consols for
transfer have been 90i 91, and 911, while for ac-
count they have been 91A-1. The present quota-
tions are 91i for money, and 911 for the account.
The
New 3 per Cents. have be,n. 912- 41, and the
Reduced 911 -R. Exchequer Bills continue to im-
prove, and they are now quoted 2s. to ls. dis-
count. The Bonds are 98i, and India Bonds
98g.

Foreign Stocks are generally firmer, but there is
13° animation. Turkish 6 per Cents. have recovered
to 941 95, and the 4 per Cents. are at a small
improvement. Sardinian Bonds are 89 to 892. ;
do. Deferred 25 • Dutch 4 per Cents., 98 ; and
Mexican, 22,1. Peruvian 41 per Cents. brought
and do. 3 per Cents. 55i.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 61 ; Mexic)ari,
2„2141; Peruvian, 81 2 ; ditto 3 per Cents., 55
6; Portuguese 3 per Cents., 441 5 ; Russian 5
Per Cants., 110 12 ; ditto 48 per Cents., 97 99 ;
Spanish 3 per Cents., 40 2 ; ditto New Deferred,
25 ; ditto Certificates, 5g ; ditto Passive, 51 2-.
A moderate business has been done in the Rail-
way Share Market, and prices, in most instances,
have shown an upward tendency ; the charges,
also, for "carrying over" to the next account are
easy. Caledonian, Great-Western, Great-Northern,
Lancashire and Yorkshire, North-Western, and
Manchester, Sheffield, and Lincoln, advanced ss. ;
and South-Western and South-Eastern, 15s. ;
North-Eastern (Berwick), and North-Eastern
(York), were flat, and declined about 10s. to 15s.
In the French lines no business was reported, and
quotations are nominal ; the Canadian are inactive,
at about previous rates. East Indian are steady.
Mining Shares have shown very little activity.
Par Consols are at 20, and Vale of Towy,
Join-Stock Bank Shares slew but little variation
from previous values. London Joint-Stock have
advanced about 10s. City, Bank, English, Scot
tish, Australian Charter,d, and London Chartered
of lustralia, were at previous prices.
The values of Miscellaneous Shares have rather
improved. Peninsular and Oriental Steam have
Inaproved 11.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(from the Official List:) .

Business dote.
° Per Cent. Reduced Annuities
!per Cent. Consols AnunitieF c.,0- lh
iew 3 per Cent. Annuities 9li i A I
'-°''6 Annuities ex ire stti Jan. 1860...
La, Bonds, P- 23 d
1:10uu .......... .........
C .1801 s tor I.ccount
Etehequer BMus 20.
giOUO .. 2 1 d
4:,"

Smell 1 d par I d
Vxellequer boudb, 1858, 3t per Cent —
Duo, 159
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK
Mexican 3 per Cent 22k
Peravian Bonds, 4i per Cent Bli
Ditto 3 per Cent. • ssi
Rirdinian Bonds, 5 per Cent.
131),T)IF h Bouds, 3 pe • {'nut.
Ditto New Deferred, 3 rer Cen'.
Torkieh Bonds, 6 per cent 94; i
Ditto Account 944 5
Dividends on the above payable ir, c,.,,,,cn.
latch Exlhange, 24 per Cenl., 12 Guilders
Do. 4 per Cent. Certificates ...
TWO O'CLOCK.
91 k
9.11 i

`ti: Consols, money
Consols for Account

The Jupiter has arrived from Hong Kong.
Mr. Rose, of Canada, had an interview with Mr.
Secretary Labouchere yesterday at the Colonial-office.
A marble monument to the memory of Sir John
Campbell, who was killed at the storming of the Redan,
was landed at Southampton last week from Rome.
It is still thought that the Ripon, on the 4th August,
will take out about one million sterling in silver, the
sum engaged being about 900,000/.
Of the 61,3001. in specie brought by the Niagara from
New York only about 12,0001. came to London. This
amount was at once taken, for remittance .fo the Con-
tinent.

The report of the Netherlands Land Enclosure Com-
pany shows that the progress of the works is encourag-
ing. The growth of colza on the Bath polder has yielded
a profit which, it is stated, jaFtifies favourable expecta-
tions. Further acquisitions of land have been made, in-
cluding, in one case, 1,760 acres.
THE OYSTER FISHERIES.—Copies of directions given
for giving effect to certain roles or ble-laws made by
the Committee of Council for Trade on the 21st of May
last, respecting the oyster fisheries in the seas between
the British islands and France, and on all parts of the
coast of Great Britain within the British fishery limits
have been laid on the table of the House of Commons
and printed.
The proSpectus has been issued of the Westminster
Palace Hotel Company, with a capital of 100,000/.ln
101. shares. The site is a plot of ground close to the
Abbey in Victoria-street, and the promoters point to the
advantages to be derived from its proximity to the
Houses of Parliament and the courts of law. The
building is to comprise 200 sleeping•raorns.
PRICE OF GOLD —The quotation of gold at Paris is
about 4 per mille premium, and the short exchange on
London is 25.20 per 11 sterling. On comparing these
rates with the English Mint price of 31. 17s. 104 d per
ounce for standard gold, it appears that gold is about
3.loths per cent. dearer in Paris than in London. By
advices from Hamburg the price of gold is 4224 per
mark, and the short exchange on London is 13.41 per 11.
Sterling. Standard gold at the English Mint price is
therefore about 2-10ths per cent. dearer in Hamburg than
in London. The course of exchange at New York on
L.whieondh,on for bil!s at scr- days' sight is 1094 per cent.
when compared with the Mint par between the
two countries, shows that the exchange is about at
par ; and, after rsaking allowance for charges of traue.
port and difference of ,nterest, the present rate leaves
Scarcely any profit on the importation of gold from the
Alted States.