The Sun.
London, England, 1857-09-24 00:00:00

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A ND
OM MERCIAL INTELLIGENCE;

CITY, Two O'CLOCK.

Letters from Liverpool mention that the Cotton
Market yesterday closed with a heavy appearanc',
and prices were fully id. per lb. lower for all de-
scriptions. The sales were estimated at 4,000
bales, 500 of which were taken on speculation.
The Railway Share Market closed quietly, at a
blight decline on previous rates.
An addition of about 160,0001. was made to tine
bullion in the Bank of England yesterday, consiA-
ing of 80,0001. in sovereigns and the remainder in
Australian gold. At present it is not known what
will be the destination of the supply by the Mont
morency, but it is very likely that a portion will be
sent into that establishment, the Continental de-
mand being quieter. In the silver market business
is very dull, as the bullion brokers are awaiting
the receipt of the Overland Mail before commencing
active preparations for the remittances by the
steamer on the 4th proximo. Unless the Indian
and Chinese exchanges, 81, be reported higher, it
is expected that the shipments on that occasion will
be comparatively limited. Small parcels of silver
are occasionallyreceived from the Continent, and the
Seine, which came in yesterday, brought about 6,000/.
A recovery of about per cent. took place yeiiter-
day on the Paris 80-arie, where the tone of busi-
ness during the last week has improved. It is too
early to determine whether any decided or perma-
nent rally will ensue, but the accounts from Paris
are rather cheerful, and money, although still very
dear, is in good supply. Commercial affairs also
are in a more satisfactory position. _ . .

A meeting was held yesterday of the proprietors
of. Venezuela stock-J. D. Powles, Eq., in the
chair, who censured the conduct of the Republic
with regard to the late negotiations for an arrange-
ment of the foreign debt. Tho proposition made
by the Government, after it had - repudiated the
provisional agreement concluded with the bond-
holders, is rejected, and the meeting adopted the
following resolution
" That it appears to the meeting that'tcr contrive ne-
gotiations for the liquidation of this debt under suck
circumstances is a mere mockery, and that as legal au-
thority has declared that the case is ore which on public
grounds mils for the active interference of the British
Governme►it, the committee be requested to make a
respectful representation
_of the whole of the circum-
stances to the Right Hon. the Earl of Clarendon, her
Majesty's principal Secretary of State for Foreign
Affairs, and. to solicit that his lordship will, on inter-
national grounds, under the strong circumstance„ of the
case, take sucl measures as may be effective to procure
for the bondholders that justice from the Government of
Venezuela which they are unable to obtain for them-
The last week's railway receipts, ascertained up
to this day, are in round figures as under
1857. 1856.
Great Western £31,568 £30,281
North-Western
South-Western
Brighton 18,637 18,979
Midland .
South-East ern - 24,766 25,910
Great Northern 24,655 24,639
Lancashire and Yorkshire 27,977. 24,955
Lancashire and Carlisle 7,633 7,327
East Lancashire 7,437 6,877
13ristol and Exeter 7,535 7,735
Chester and Holyhead
Manchester, Sheffield, and Lincoln 11,.860 10,043
North-Eastern
North London
North Stafford
Oxford, Worcester, and Wolver 4, 779 4,345
Shrewsbury and Chester
Edinburgh, Perth, and Dundee
Glasgow and South-Western
Grand Trunk of Canada
Great Western of Canada

The demand for money continues brisk,
and at full rates. No alteration has been
made by the Bank Directors at their' meeting
to-day, but, as this was expected, vary little
interest was evinced to ascertain the xesult of
their deliberations. The tendency at the mo-
ment is rather unfavourable, but with large
supplies of gold, a diminished drain to the East,
and the payment of the October dividends, there is
no immediate apprehension of enhanced terms.
It is stated that a small country bank has sus-
pended, but no definite information can be elicited
at present.
There was a meeting of the shareholders of the
"Alliance Bank" to-day. The report was satisfac-
tory as to the general prOgress of the bUsi-
ness of the ;half year, and was adopted. It was
suggested t hat a simultaneous effort should be made
by the geraint in respect to getting the Bank quoted
both in the London Stock Exchange and the Paris
Bourse.

The Funds are without the slightest change of
importance, and the situation of the market is
precisely the same as we have described for seve-
ral days past. The public, both as speculators
and investors, are waiting for the Indian news,
and in the meantime the fluctuations and
dealings are quite insignificant. The renewed
firmness of the Paris Bourse, and the
disposal of a large amount of gold to the Bank
tend to strengthen the market.. Consols have
been 90 to 90,1 for transfer, and 90k g for account.
Excheqrter Bills are 2s. lower, viz., 10s. discount,
and the .Bonds are 98k. East Indian. Stock is 210.
Up to 1 o'clock only two bargains had been
recorded in the Foreign Market, business being
almost at a stand still. Turkish 6 per Cents. were
and the 4 per Cent. guaranteed 99k. All the
other securities t re at nominal prices.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 5i 6 ; Mex,-
can, 21± ; Peruvian 4i per Cents., 78 80 ;
ditto 3 per Cents., 55 57 ; Portuguese 3 per Cents.,
45 46 ; Russian 5 per Cents., 109 111 ; ditto
4i per Cents., 97 99 ; Spanish 3 per Cents., 40± ;
ditto Deferred, 25k ; ditto Certificates, 5! 6 ;
ditto Passive, 51 6.

The transactions in the Railway Share Market
this morning were of a limited character, but in
some few instances prices rather improved. Great
Western and Midland advanced ss. Chester and
Holyhead,. Lancashire and Yorkshire, and South
Eastern, 10s. Brighton and North Eastern Leeds
receded ss. ; North Western and North British,
10s. ; and North Eastern York, 1/. East Anglian,
East Lancashire, Great Northern, Norfolk and
Oxford, Worcester and Wolverhampton, realised yes-
terday's quotations. The French and Canadian lines
are dull and barely realise former values. Geelong
and Melbourne advanced about 55., and Great
Luxembourg declined ss.
Mining shares are quiet. East Bassetts have
receded to 75 and 76. Lady Bertha are 11, and
Alfred Consols 13i 14. Wheal Kitty are at
211 22.
Joint Stock Bank and Miscellaneous shares are
inactive at previous values.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
arom the Offictal List:)
Business done.
3 per Cent. Consols Amnialeg
'lndia Stock 2lO
C SOL efir 904
Szehetries Bills, W.
kaouo .
-he', 911
S vol. .
Fschequor Bonds, 1858, 34 per Cent_
Ditto, 1959
PitICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Tat Ponds, S par cent......
Ditto Guaranteed, 4 per Cent.
Dividends on the above payable in London.
T O'CLOCK.
Consols, money*
Consols account... 904

LIVKIIPOOL, Sept. 23.—T0-lay the screw steamer City
of Washington sailed from this port for New York with
a full cargo and 120 cabin. passengers ; and the screw
steamship Anglo-Saxon took her departure for Qtebec
and Montreal, with 118 cabin anal 174 steerage passen-
gen., ,besides the Canadian mails and a large cargo.
SILK SAILS.—The Ocean, of Brest, says :—"lt was
same time ago proposed to rlvlr.ce the canvas sails here-
tofore employed in vessels by others in silk, and an ex-
periment with these latter bai just been made in the
Franklin, of 'La Rochelle. The captain, M. Rodanet,
has made a repot to the following effect sails
possess strength, flexibility, and lightness ; they absorb
less water than other sails, and dry quicker • when wet,
they lose none of their flexibility, and in le roughest
weather are so easily handled that sabre would rather
reef one of them several times than any other once.' "
Not a word is said of the difference of expense, particu-
larly at present, when the price of silk has risen so con-
siderably.