The Sun.
London, England, 1857-11-02 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The Liverpool Cotton Market on Saturday
closed with more buoyancy, and prices were a shade
dearer. The sales were estimated at 7,000 bales.
The Railway Share Market closed quietly, and
values declined.
During the last two or three days the demand
for money in Lombard-street and at the Bank has
become more pressing, in consequence of the pre-
parations necessary for Wednesday next, the 4th
of the month, when, as usual, a considerable aggre-
gate amount of commercial bills will arrive at ma-
turity. On the present occasion there is
more than ordinary pro-vision being made, ow-
ing to the caution which recent events have
dictated. Numerous failures, in addition

to those already announced, and which have caused
so much regret, must inevitably occur through the
losses thus entailed, and the cessation of American

remittances.

The approaching 4th will severely

test the strength of all our firms connected with
the American trade, and although rumours of an
unfavourable character are circulated regarding the
stability of particular houses, it may be found
that the list of disasters may be less formidable
than is generally imagined. Very full rates
are in all cases demanded, but parties connected
with Liverpool and America find unusual difficulty
in obtaining assistance. Their position, conse-
quently, is very critical, and various temporary
suspensions are likely to ensue ; but if their
American debtors act honestly, the ultimate
dividends which will be paid by these un-
fortunate establishments may prove satisfac-
tory. Although the specie drain to the United
States was not expected to continue, some very
large amounts are being sent away, which, if re-
peated, may revive the uneasiness lately felt with
respect to further protective measures on the
past of the Bank. On Saturday the Arabia left
with 204,0001., and besides this nearly 100,0001.
in gold was taken from the Threadneedle-street
♦aults for the continent, whither it is despatched
in payment for silver. The imports of this metal
from Boulogne and Antwerp have recently been
on a large scale, as the East India Company have
been procuring supplies for shipment by the Ripon
on Wednesday. The course of the Money Market
during the next few weeks is not likely to exhibit
much improvement, but a gradual dispersion of the
causes that have produced the late disturbance
may be nevertheless predicted.
This being the day fixed for balancing the half-
- yearly accounts at the Bank of England, the transfer
offices are closed, and a holiday is observed at the
Stock Exelaange by order of the committee. Among
afew of the dealers aed brokers who always assemble
in the neighbourhood of Capel-court on these occa-
sions, Consols are called 891 to 90, and several trams-
actions at this depreciation have taken place in the
Royal Exchange, where about forty or fifty members
of the House have congregated. The advicea from
America are construed unfavourably, and the pro-
spect of continued remittances has promoted an
uneasy feeling.

206'
100
100

too
20
20
20

St.
120
00
100
20

BRITISH FUNDS.—CLOSING PRICES—SATURDAY.
(From the Official List;)
Business dose.
ISsuk Stock 209 10
3 per Cent. Reduced Annuities
a per Gent. Consols Annuities 23 89a 90i a
New 3 per Cent. Annuities B9i
Loan Annuities, expire 5t6 Jan. 1860 —
Ditto 30 Years, expire sth April, 1885 l7}
India Stock. 2lO
001.A0Is ter a CCOTHIT
&chequer Ma. 24d.
£1000
c 5030 lO 0.
6 mall

PRICES OF FOREIGN FUNDS —SAT lIII,DAT.
Buenos Ayres Bonds, 6 per Cent. B2
enilian Bonds, 6 per Cent lO2
Mexican 3 per Cent
Otto Account
Russian Bonds, 1822, t St., 5 per Cent.... 106
Ditto, 4i per Cent. 97
Sp snieh :3 per Cent.
Ditto New Deferred, 3 per Cent.
Ditto Account
Tarku.b Bends, 6 per cent
Ditto Account .............
Ditto Guaranteed, 4 per Cent.
Dividends on the above pay-able in London.
Dutch Exchange, 2 per Cenl., 12 Guilders 64
Do. 4 per Cent. Certificates 971
TWO O'CLOCK.
Console, money
Consols account ............................... 90i
Consols for account (December) ......... Coi

A PERSON 'UNKNOWN FOUND DEAD IN THE REGENT'S
CANAL.--On Saturday the body of a respectably-dressed
roan was discovered floating in the Regent's Canal, Com•
mercial-road, St. Anne, Limehouse. The deceased bad
been in the water several Ways, and was about 30 years
of age, five feet four inches in height, light hair, and wa*
dressed in a black frock coat and trowsers, black satin
vest, worsted stockings, and Wellington boats. He also
had on a black cloth cap with leathern peak, and black
necktie. Mr. Coningham, the beadle of the district,
procured a shell and removed the body to the dead-
house of Limehouse Church, where the body awaits
an inquest before Mr. W. Baker, the coroner. Last
evening the body had not been identified,

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