The Sun.
London, England, 1857-04-14 00:00:00

MONEY MARKET

AND
CO XrYi ER CIAL INTELLIGENCE.

CITY, Two o'CLocx.
Letters from Liverpool state that th e Cotton Mar-
ket yesterday closed quietly, and prices of all kinds
were unchanged from those current last Thursday.
The sales were 6,000 bales. The Railway Share
Market was steady at an advance upon last Thurs-
day's currency.
The Foreign and Colonial Produce Markets open
with a quiet appearance,, but it is too early yet to
predict what course the quotations will take. There
seems at present little disposition to operate be-
yond immediate requirements. At the same time,
however, numerous sales are advertised, which
leads to the inference that an expectation exists of a
good speculative and export demand. The follow-
ing remarks on the Tallow trade are from Messrs.
Smith and Charles' circular, dated last evening :--
" Iu the course of last week a .considerable quan-
tity of tallow, probably about 3,000 tons, was de-
livered off on contracts for April, and April to
June. The demand from the trade having im-
proved, receivers of this tallow have not pressed it
forward for sale, and we have consequently had an
improved tone in the market, and prices have re-
acted about is. per cwt. all round. Business has
t been active to-day, nevertheless prices are fully
supported."
Favourable accounts have been received from
India relative to the money markets both at Cal- -
cutta and Bombay, and the commercial ad vices

also report an improvement in the import trade.
The rates of exchange on England, however, hold
out no hope of there being any diminution of the
flow of silver from this side. We shall continue,
therefore, to suffer that inconvenience, and unless
the supplies of this metal greatly increase the drain
of gold to the continent will remain unchecked.
Notwithstanding the amelioration reported in the
Eastern money markets, however, the 5 per cent.
Government loan was still unsuccessful, and
it is now hinted that its negotiation may be
attempted here. Another cause for uneasiness may
thus be created, for there can be no doubt that the
money required, with the 5 per cent, guaranteed
interest, could soon be raised in this market,
despite the current rate of discount, and the cau-
tion which ought to be observed.
ACcounts from Paris mention that the question
of an increase in the capitAl of the Bank of France
is again being discussed. The present amount is
merely 3,650,0001., and this is found to be inade-
quate to the wants of trade, and the functions
which the establishment is called upon to perform.

Thi3 rumour has been periodically revived, and

there is consequently a disposition to pay little
attention to the state►nents now circulated.

At the meeting of the proprietors of the Bank of
England to-day, Sheffield Neave, Esq., and Bonamy
Dobree, Esq., were chosen—the' first Governer,
and the second Deputy-Governor, for the ensuing
year.
There was a meeting of the Acadian Iron Com-
pany to-day. The works in Nova Scotia were
going on satisfactorily, and the iron of the company
would soon be in the London market. The accounts
showed a balance of 5,765/. in hand.
A further sum of 50,0001. in Australian gold was
sold to the Bank yesterday.
The demand for discount accommodation is much
greater, but the full rate of 6} per cent. is charged
for the negotiation of first class paper.
The Funds have been rather depressed to-day,
owing to a resumption of speculative sales. The

prospect of the drain of the Precious metals cohtinu-
ing may partially account for this, but there is
really no cause why prices should now recede when
a slight degree of relief is felt in the Money Mar-

ket. Consols have been 921 93, and 921 I for
money ; for account business is recorded at 93i I,
_ _ _

and 93k I._ The New 3 per Cents. have been 91i to

92, the Reduced 911 and the 5 per Cent.
114. The March Exchequer BiUs are 2s. discount,

and the Bonds 98g. •
A fair business has been done in Foreign SeCu-
rities, but the prices incline downwards. Turkish
6 per Cents. have been• 941 #. The 4 per Ceuts.

are 104 Sardinian sper Cents. are marked 901.
Spanish Deferred 25. Peruvian 4 per Cents. 77f,
and ditto 3 per Cents. 541 f. Mexican-Bonds are
well supported at 23k.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 64 7 ; Meal-
lan, 231 ; Peruvian, 77 8 ; do. 3 per Cents.,

54 5 ; Portuguese 3, per Cents., 443/4 54 ; Russian 5
per Cents., 104 6 ; ditto 41 per Cents., 95 7
Spanish 3 per Cents., 411 ; ditto peferred, 241 25 ;

ditto Certificates, 61 I; ditto Passive, 5i 6.
A very limited amount of business has been
transacted in the Railway Share Market, and the

*evr bargains reported are in most instances at a

slight reduction on previous quotations. Eastern
Counties, Lancashire and Yorkshire, and Midland,
declined ss. ; South-Western, 10s. ; and Manches-

ter, Sheffield, and Lincoln, North-Western; and

Great Western, 15s. tn,l/. The French and Cana-
dian lines are also at lower values. Grand Trunk

of Canada receded 15s. ; Northern of France, 15s. ;

and Great Western of Canada, ss. .
Mining Shares have been in better request, and
the following bargains have been reported :
Wheal Mary Ann at 44 to 45i, Wheal Edward at

4k, Sortridge Consols at 11, North Wheal Basset
25, and Great Wheal Alfred 7. St. John Del; Rey

brought 24, and Cocaea and Cuiaba, 14

For Joint-Stock Bank and Miscellaneous Shares
here has been little inquiry. London and County

declined 1/. ; London Joint Stock, 10s ; and Otto-
man Bank, 55. General Steam Navigation Com-
pany's shares improved ss.

BRITISH FUNDS.—CLOSING PRICES—THIS DAY.
(From the Offletal List;)

it 0,,.... dono
Rank Stock
S per Mont. Reduced Annuities 9l i
S per Cent (lons°is knnaitios 92,', 3 21 4 i
New 3 per Cent. Annuities 9l i 2 1 i
5 per Cent. Annuities. ll4
Lod Annuities, expire sth Jan. 186 n... 2,)
Ditto 30 Years, expire sth April, 1885 lB 1-16
India Stock • 223 2i
.
in liatinnds, X.10(;0_... ••• .-- ,

Ditto, under £lOOO • 8 d
Consols for Account ..•••• 934 i 4
Ezehequer Bills, 24e. March. 1 June.
£1000
£SO) ld3 p I
Small ld 3 p 62 d
Ditto Bonds, 1858,34 per Cent. 9Bi
Ditto, 1859
PRICES OF FOREIGN FUNDS—THIS DAY.
Brazilian 5 per Cent. ...
Chilian Bonds, 6 per Cent —
Ditto 3 per Cent 7B a d
Grenada New Active, 21 per Cent.
Guatemala Bonds, 5 per cent ' 55
exican i per Cent 23a
Peruvian Bonds, 4i per Cent 774 7
Ditto 3 per Cent. . sl§ a
Portuguese Bonds, 5 per Cent., Con. 1841 •
Ditto 1853, 3 per Cent. 45
Sardinian Bonds, 5 per Cent. ' 90i
.
Spanish Bonds, 3 pot Cent.
Dittc New Deferred, 3 per ecn'.
Spanish Committee Cert. of Coup. not fun 6} 6
Turkieh Bonds, si p'r cent...
Ditto Guaranteed, 4 per Cent.
bf Idenig 3, the above es7ts'a tn. 1.,0ti.m.n.
Dutch Exchange, 2i per Cen.:., 12 Guilders
Ditto 4 per Cent. Certificates 97
THREE (YCLOCK.
.. 92 i
..931 i

Consols, money
Uitto, Account (May 7)

According to accounts from Constantinople, of the 6th
inst., the first experiment in European colonisation has
just been made. A party of one hundred and thirty
Poles has embarked for the- purpose of settling on the
domains of Reschid Pasha in Thessaly.
Ma. TOWNLEY PARKER.--The Preston Guardian is
glad to report that Mr. Townley Parker, who met w th
an accident at Lancaster, which dislocated his uncle and
splintered one of the smaller bones of the foot, is now
fast recovering.
DEATH OF SIR CHARLES TAYLOR, BART.—We regret
to announce the death of Sir Charles William Taylor,
Bart., who expired on Good Friday, at his seat, Holly.
combe, Sussex. Sir Charles had attained the great age
of 87 years, and sat in Parliament for a considerable
time, He married a sister of the late Rizht Hon. Chas.
Poulett Thompson, afterwards Lord Sydenbam, and
leaves issue one son, now Sir Charles Taylor, who in-
herits the family estates in Sussex and Somersetshire,
and one daughter, who is married to Mr. William
Brougham,
brother of Lord Brougham, and formerly
one of the Maaters in Chancery.
The Seaffetta of Turin announces that the Austrian
Government has freed the property of Count Annoni,
now a Sardinian ,übject, from sequestration. This
measure is the more remarkable, as Count .Annoni is
not only a refugee of 1849, but at present also a mem-
ber of the Piedmonteee Chamber of Deputies.

St.
50
St.
St.

20
20
10
St.

10
20
20
20

St.
20
St.
St.