The Sun.
London, England, 1857-05-07 00:00:00

t„,

7:11
917 IP I
11.

AND
COT MER,CIAL TELLIGENC v.

CITY, Two o'CLocx.

The Liverpool Cotton Market yesterday closed
firmly, and compared with Friday's ra‘e4, all de-
scriptions were unchanged. The sales amounted
to 12,000 bales, 2,000 of which were taken for
exportation, and 3,000 on speculation. The Rail-
way Share Market closed dull, with prices at a
slight decline.

The supply of capital in the general money market
temporarily rather limited and full rates with
scree degree of pressure are consequently still in-
forced. In a few days, however, when the settle-
nlents at the Stock Exchange shall have ceased to
exert any influence, a quieter demand will no doubt
e experienced.
Nearly 100,000(. of the 200,0001. in gold brought
11 the Anglesea from Australia has been taken into
the Bank of England. It was generally presumed
that the whole would have been sent to the Conti-
nent in payment of silver and other purpose;. The
circumstance has therefore caused a more confident
feeling among pat ties interested in an improvement
monetary affairs, and as the drain to the East is
likeirto diminish and there is a prospect of large
e°Pplies of gold fro& Australia, and of silver from
Xexico, and a steady improvement is generally
anticipated.
The Bank Directors, at their meeting to-day,
liade no alteration in the terms for discount, but
they adopted the unexpected measure of calling in
their loans on Stock, with the intimation that for
the Presen`, no further advance of the kind would
Lie made. On the Stock Exchange where af-
feala were becoming very buoyant the effect
was most startling, an immediate fall of
afterwards increased to nearly * per cent. having
taken place, while the general business community
are equally surprised at the determination. The
active demand for discounts during the last week
or ten days, resulting from the payments of the
4411; and the stock and share settlements, has no
doubt trenched upon their resources ; and although
4° unfavourable movement in the bullion
nlay, have taken place, the two next Bank re-
'
,tires will, no doubt, present an unsatisfactory ap-
Pearance. The- Bank, as every one is aware, is
I, a very fertile condition, the reserve of- notes
"eing at so low a point. Whenever, therefore,
there is an augmentation of pressure, the authori-
ties are perplexed. To-morrow there is a payment
°t 2,000,0001., in liquidation of the Exchequer
130nds then falling due, and this combined with the
Other circumstances adverted to, has necessitated
'the precautionary steps adopted this morning.
The English Stock Market, as already mentioned,
'a very feeble, the decline in prices having caused
111 Itch excitement. The upward course of prices
has received a violent shock, and the inaction, as
usual,
has been accelerated by the fright produced
among speculators. Consols are now 93 931 for
ihoney,
and 93/ buyers for account ending June 7,
oeillg firmer than they have been. The New 3 per
elltS• have receded to 91i, and the Reduced to
911•2 Bank Stock to 212 ; Long Annuities are
; ditto, 1859, 2i ; ditto, 1885, 17 15-16 18 ;
•c,xchequer Bills, Merck, is. discount ; and ford
ls. to 4s. discount ; India Stock, 222 ; ditto
°ild; 3s. discount.
•coreign. Stocks have also suffered severelyfrom
the depression of the funds. Turkish 6 per Cents.
Were 9 marked as high as 941, but they are now
logo i• The 4 per Cents. have been dealt in at
A. Spanish Deferred 25g. Equador New
130 i, Land Warrants 4, and Brazilian 1001.
004:e half-yearly meeting of the Vauxhall-bridge
was held to-day. A dividend at the
td
-Z, of 12s. per share for the last six mouths was
-;re(l. The report was agreed to.
to this
last week's railway receipts, ascertained up
'his day, are in round figures as under
4 18b7.
Great Western £28,592
Betth•w
esteru
f,,,t‘!ghton
13,292
t 30,736
ealed 2 ern
onian Great Northern
23,573
Laocasaire and Yorkshire
-istel and Exeter 6,281
theater and Holyhead
ettlt Lancashire 6,125
'leaster, and Carlisle
Sheffield, and Lincoln 9,341
North London
o°l;th Stafford
Ail Lord, Worcester, and Wolverh 4,030
p,14 Hartlepool
qtaillbtirgh and Glasgow
grit4gow and South-Western
qr_till Truck of Canada
No'at Western of Canada
rthern of France
39,409
1:r_13.? Railway Share Market has exhibited a corn-
-I,„'llYe firmness this morning, but the dealings
1417 not been extensive. Some few of the chief
othgettakings have declined about per cent., but
ttlicie_a generally were steady. Edinburgh, Perth,
th,e•ulindee, Great-Western, Lancashire and lork-
tcal,anManchester, Sheffield, and Lincoln, and
43.
_d) declined 55., and South-Eastern about
Prove The French lines have shown a slight ina li
-
444 erltent, Eastern of France having ri-en 10s.,
eajatis and Lyons about 1/. Grand Trunk of
eittina declined 11. to 11. 15s ; Great Western of li
stlia7a3 East Indian, and Great Indian Penin it
-
hrealised about previous quotations. e
bi Funds opened this morning with a very
re:tiYa'nt appearance. Consols being 93i for
eha eY and 94k fur June. A sudden and adverse
laa4nr however soon afterwards occurred when it
i 4 "covered that the Bank authorities had called
to 9
all their loans on stock. Consols then declined
tivel;.l and 931 for money and account respec-
-e •
Foreign market has been affected by the re- •
action.
li_ in Cousols, and Turkish 6 per Cents. which
mb
It a..,cen 94 are now about 93i 8.
Nott,uuwaY shares are also flatter. London and
Western are Mt /. Great Western 66i to
lit ner Midland 82/ to 83. French Shares are
ha 4
LManing Shares no business of any importance
4,5. en done. Linares realised 71 I.
et elt--Stock Bank Shares were inactive. Bank
444tr°n,don receded 10s. Landon Chattered of
kev •i_etia and Ottoman Bank barely sustained
us rates.
ere
ititte Miscellaneous undertakings the dealings
elneted!rY limited, and no change in prices can be

1856.
£26,098
59,115
13 025
29,368
16,416

11,636
22,528
21,649
5,629
5,144
5,466
6,156
8,702
2,189
6,984
3,320
2,712
5,468 J-
-5,784 1
5,547
16,025
35,062

L 44-4111 TT
FUNDS.—CLOSLN LI ?WOES—THIS DAY,
( horn the Official List.)
13-0 k
Business done. '
I.t, Stork
.
,
92 A j ii
3 b„„ 'n. Reduced Annuities
a 43h
li4;;`(ltut. Consols Ann R Wes ~... ..... 93_ . i
Loin, Per Cent. Annuities
Pti ''elluities expire fit tt Jan. 1 R 60... 2 7-L6
itto 30 .
pitt 30 Years, expire
iiiiii.a.islcoLo.neta
B,Years,::pi;
expire
April,
I.oi
lc,t .1,818855.
.!
t3221:1 2.17 j 11:16
•
Cot,„, rounder ,tlOOO 3 d
xr." A (4th June) ... .. . 94k 3
_,_ te.,..,
-,,,,p..r 11918 `4.oMarch. 1 .Tune.
0:1:0000 . .......... ...: - . 4 . ... .. 1 a-2 P 1 1-4
d
~at
........................
par 3p I 1 P
Bo'n7;, . 1.E358,3iper Cent • ••• ...... ii. 3.
I)itt
0. IS:s9
44siltiiiCIES OF FOREIGN FUNDS—THIS DAY.
b• "44 5 Per Cant. ...
Rue Os
nos Account
1001
S 6
Crlilia.
.YreS Bonds, 6 per Cent.
x cluatil bonds, 6 per Cent. lO2
toitt:o)rii.evi' Consolidated........ l4
Qz.„,,_, Provisional Land Warrant
ki ,-i!"Lia New Active, 2i per Cent.
tect,;ae per cent
I,`,eguese bonds 5 per Cent., Con. 1841 -,,tto 18, .., , ....
bitt .., 6 per cent.
Fi,.._ 0 Account
ve19.1. i3ozdo, 3 per Gait. ...
1,,,.,itT new Deferred, 3 per ccn
• Litt' IlondP, 6 percc=t —
Uitte Acn
Guarco-tuntt
eed .. 93i} 4i 33
100 i fi
t. mitt° Account ' 4 per Cent.
1001 i
L ividende On toe atif,ve pays.., e in Louo, n.
enm 1 7ILIZEB O'CLOCK.
---o.s. money 93 Ditto, A.c.lount (June 4) - 93i

25