The Sun.
London, England, 1857-05-28 00:00:00

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ET

:AND
[COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

Letters from Liverpool mention that the Cotton
Market yesterday closed quietly, but steadily, and
prices were unaltered. The sales were estimated
at 5,000 bales, 500 of which were taken on specu-
lation, and 500 for export. The Railway Share
Market closed with a dull appearance, but previous
prices were fully maintained.
Business in Mincing-lane, and in most other de-
partments of business, is gradually being con-
tracted, and the effects of dear money are becom-
ing more apparent. The Board of Trade Returns,
lately published, exhibited an extension of com-
merce, but this is no proof of commensurate profits
having been realised. The frequent failures
that are announced in the manufacturing dis-
tricts give evidence of the embarrassments caused
by the high prices of the raw material, and the
difficulties experienced in obtaining discount ac-
commodation.
The public sales of colonial wool, which com-
menced on the 30th ult., terminate tomorrow.

No particular change has taken place in the mar-
let for silver, but full prices are current. Buyers
at'e awaiting the receipt of advices from India and
China, via Trieste, which are expected to-day or
to-morrow. If a further advance should he reported,
the shipments on the 4th will, no doubt, prove ex-
ceedingly large, and the demand would then natur-
ally increase. Supplies are still received from the
Continent, ab )ut 40,0001. having been received
from, Boulogne. It is, therefore, expected that a
Portion of the gold lately imported from Australia
by the Dtamboul, which arrived in town yesterday,
Will be remiled to the Continent, in payment for
this and other supplies.
The Bank of England directors at their "parlour
meeting" to-day, male no alteration in the tnms
.?_f discount, and no determination seems to have
ueSti arrived at with regard to making advances on
stocks during the shutting of the transfer books for
consols. It was generally presumed that they
Would have made some announcement on the
subject, but although no instructions have yet
been given, there can be no doubt that the au-
thorities will grant this accommodation. With
respect to the rate of discount, it was not supposed
any change would be reported, as there is an

active demand for accommodation at full rates in
most quarters, partly owing to the preparations
for the 4tJA, of the month, and partly also in con-

sequence of the sattlements at the Stock Exchange.

When the obligations are discharged a period of
increased ease will probably ensue, and if the drain
of silver to the East should diminish, additional
relief will naturally be afforded.
The telegraphic despatch from Trieste has just
arrived. The' China exchanges are higher, but
those at Calcutta and Bombay are a shade lower.
The report of the directors of the lonian Bank
read to-day shove 1 a net profit of 9,6771. 10s. 6d.
On the years' transactions, which was much beyond
the preceding years profits. This, added to the
fernier balance, made 16,9911. 9s. 4d., from which
tire dividends at 5 per Cent. per annum being taken
left abalance of 9,4911.95. 4d. on Ist of Jan. 1857.
The report was adopted, the dividend being de-
clared previously.
The English Stock Market is dull, but firm and
the alterations in the India and China ex-
changes have not yet exercised any effect upon
'values. The public operate very cautiously
and the general appearance of the market is, there-
fore, exceedingly dull. Consols for transfer have
been on 94i, and 93i 94, while for the account
they have been almost stationary at 94 to 94i.
411 e present quotations are 93i 94 and 94i re-
spectively. The New Threes are 924 and the
Reduced 921 Bank Stock is 212 k, and India
ditto 221 i. The March Exchequer Bills have
risen to 6s. and .7s. premium, and the " Adver-
tised" ditto, of which the B rnk broker has bought
to 30,000/., are 2s. to 4s. premium.

In Foreign Securities husinsss is dull. Turkish
6 per Cents. have risen to 95i ; and the 4 per
Cents. are ling ; Mexican 3 per Cents. have risen
to 221 231-the clergy in the Republic having
Withdrawn their opposition. Dutch 2i per Cents.
are 65A ; and Spanish Threes, 41A I.
The following are the nominal prices of Foreign
Stooks :--Grenada Deferred Bonds, 617 ; Mexio an,
221 i; Peruvian 4A per Cents., 77 8 ; ditto 3 per
Cents., 531 ; Portuguese 3 per Cents., 45A ;
Russian 5 per Cants., 107 109 ; ditto 41 per Cents., I,
97 99 ; Spanish 3 per Cents., 414 4 ditto De-
ferred, 251 A ; ditto Certificates, 6.1 ; ditto Pas-
sive, 5.12 I.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
1857. 1856.
(heat Western
North-Western
Brighton
Midland
Benth- Eastern
Caledonian - 4.393 10 838
Great Northern
Lancashire and Yorkshire
Bristol and Exeter 6,165 6,319 ,
'heater and Holyhead
East Lancashire 6.609 6,046
Lan
caster and Carlisle.. . .
44 anchegter, Sheffield, ... Lincoln 10,015 8,852
.„
orth Stafford
North London
Oxford, Worcester, and Wolverh 4,142 3,178
West Hartlepool
Vaster 1,428 1,290
zelfast and Ballymena 1,361. 955
dinburgb and-Gla.gow
4142g0w and South-Western
Great Western of Canada 11,367 15.329
Grand Trunk of Canada
Northern of France
In the Railway Shire Market a very limited
amount of business was done. Prices, however,
showed a slightly upward tendency for some of the
Principal undertakings. North-Western and Mid-
land advanced ss. ; Manchester, Sheffield and Lin-
coin, 7s. 6d. to 10s., and North-Eastern (Berwick)
1/., Lancashire and Yorkshire, and South-Eastern,
Were about ss. to 10s. lower. The French and
Canadian lines are inactive, and exhibit no mate-
rial variation in pikes, Sambre and Meuse, how-
ever, have improved 10s. to 15s.
Mining Shares are at nominal values. No busi-
ness of any importance being reported.
'Mut-stock Bank Shares are moderately active.
Dindon and CounV have advanced 58., and
Ott,nnan Bank 10s. ; Commercial of London and
•Provincial of Ireland realise former values.
In the Miscellaneous Shares, Canada Land de-
clined 10s. Royal Mail Steam and Peel River
realised former rates.

BUITISH FUNDS.—CLOSING YitICES —THIS DAY
Omni the Offictal Lest.)
Busines. done.
Bank Stock
3 per Cont. koduced tuauitiwi
3, per Cent ilonsols 4h 4 34
'l"' 3 per Cent. Annuities 92
India Stock

India moods, Eloqo ......... ...,•••••—• . —
Ditto, under £lOOO 4 7 d
Consols for Account ..................... ......
March. I June.
EAchequer Bills, 24. d.
ClOlO
Ditto Advertised 24 p 1 __
PRICES OF FOREIGN FUNDS—THIS DAY.
Brazilian 5 per Cent.....
Ditto 5 per Cent. (Rothschild's) .........
Ditto New, 1852, 44 per Cent.
Milan Bonds, 6 per Cent. lOl4 24
siexican 3 per cent —
Ditto Account 221 31
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1856, 3 per Cent. 454 61
Russian Bends, P!,22, 1.: St., 5 por Cont
Ditto, 4. per Cent.
Sp niEli diowis, 3 per Cent.
Ditto Account
Ditto Now Deferred, 3 per '.en , -
Ditto Account 251
Ditti. Passive Oi
I:nalisti Committee Cert. of Coup. not fun. Ci
wurkiah Solids, 6 per cent 94. TT
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account
Venezuela Bonds, 41 per Cent
Ditto Account 36A i
Dividends 3n the above oava,,- 1, U.
Dutch Exchange, 24 per Cen.;., 12 Guilders Csi
THREE O'CLOCK.
Consols, money
Ditto, Account (June 4)

THE APPLE AND PEAR CROPS.—Tee Exeter Gazette
saYa :—From all the fruit•growing dihfricts of thin county
We have the most encouraging reports of the state of
t le apple and pear blossom.