The Sun.
London, England, 1857-05-14 00:00:00

a

•Irar
XoTiriv MARKET

AND
COMBIERCIAL IT.UELLICTENOI.4I.

CITY, Two o'CLomr.
The Liverpool Cotton Market yesterday closed
'with a firm aspect, and prices were extreme for
411 descriptions, except Americans, which were
ether higher. The sales were estimated at 7,000
abaleen 1,000 of which were taken for export. The
aailwaY Share Market was steady, at a slight
advance in quotations.
The commercial advices from the Brazils report
very little improvement in the general state of
trade, At Buenos Ayres the markets were freely
°eeKl.el, and the supplies of merchandise continued
Val to the demand. In Rio an extensive busi-
eßs
lea Ltd been done in coffee, and from Bahia. we
rn that the transactions in produce were of an
4'creri_age amount.
bin Great Russian Railway scheme is still kept
b9alitiently before the public, and the shares
eller
allotted the progress of the. con-
ester•cy II will be watched with increased curiosity.
was the day appointed for the issue,
That
there are no means of ascertaining
TOt number were awarded to bona fide applicants.
as 18 is a secret which the public will never learn,
thethe promoters have, of course, proceeded a 4
paritigh the subscription lists were frill. The greater
dof the shares, it may be presumed, are in the
aelin 8 of the concessionaires or their agents, and
Th„-PNrtunity presents itself they will be emitted.
to i"rainal price of the shares in this market is
_premium, but on the Continent, at Paris
esgeciallY) business is recorded at a higher value.
za-a upholding these nominal quotations a demand
4413tbe encouraged, and the attempt will, no
in ' Prove partially successful, nothwithstand-
wagrnthee questionable character of the scheme, the
quaking% of the press, and the prospect of au ale-
ue dividend never being realised, supposing the
r_,Nvere constructed.
reo"ices from the Continent describe some of the
''.e3r markets as presenting a rather improved
eeTearance. At Berlin the value of discount ac-
trwrucdation has declined to 4i per cent., and at
bebrueragsiteor.s and si. The Paris market is also
riffhe 24th annual meeting of the National Pre-
Lcial Bank of England was held to-day, J. F.
Laurie in the chair. After a speech from the
Jail
-111. art Mr. Robertson, the manager, read the
lePoft •
to. from which the following extracts were
--met
:‘ The Directors are happy to add that during the past
tiD:", a considerable increase has taken place in the
oP°Bits of the Bank, as well as in its general transac-
nThis accession of business combined with the
;3n rate of interest, which, with the exception (-la short
i;',terval, prevailed throughout the year, has enabled the
betrectors to place a favourable statement of account
„24e the meeting, showing a rest, or undivided profits,
al,t Dec., 1856, of 237,8331. 12s. id.
this satisfactory position of the bank's affairs, the
rlt
"itectors propose to declare, as before, a dividend at the
rat
-e of 8 er cent per annum, together with a bonus of
jo P- • P
Per cent• both dividend and bonus to be paid as
rang in July. After payment of the bonus the reserve
and Will stand at 185,3331 12s. ld.
h:ln conclusion, the directors have to state that a
oitlaar;3 of 10 per cent. was given to the officers on their
e 8 at the close of the year, of which they have no
nut the proprietors will approve."
ti The Chairman, in answer to the various ques-
the'l of Mr. Perry, explained the constitution of
bra bank, which had no house of business as a
dirllch in London, nor within 65 miles of it ; the
t.eetore had, therefore, no accounts with the bank,
eiular.could they have advances from it. He (the
beealrtaan), was the only one, and that was
b0„.40 he had sold his private bank at
to vi?r to this institution, which bound him
et,t,,,'"P his account with them. This, how-
eoa Bank as all on the right side, for there was a
nerable balance at the National Provincial
amit his favour. The accounts were daily
E'cl by the directors, and every check possible
be placed upon the securities. No director would
pairi °wed to hold Shares, except all his calls were
• The accounts were given as much in detail
eoleylse where, and to make them more so might
repii raja° up rivalry to the establishments. The
afte. were received with satisfaction, and soon
sous report was adopted, and a most unani-
-4,1(11 vote of thanks was passed to the directors,
11311 ° Mr. Robertson and the officers of the estab-
rekeat.
kacie Bank Directors, as was anticipated, have not
lire._ any alteration in their terms of discount. At
tihs'_ertt the demand although greater than for some
tiro, Past is still too active to admit of any relaxa-
huthobut many are strongly of opinion that the
ere
will be enabled to make some conces-
-I°B ere no,g.
fo,. the Stock Exchange there is a brisk demand
ii\r‘s money, and a leading broker has borrowed
`4OOO/. on Consols at 8 per Cent.
The English Funds are very firm, and at one
tivt!sti,°d they tended upwards, but a supply of money
m!s. has temporarily prevented a further improve-
: 4t, Business is moderately active, and the pub-1
tt,making are investments, 'hough not to any 1(
bleat event. Consols have been 94 to 941 for I
Dr°o67, but are now about 931 94. The account
e2es have been 94 The New Threes are
; the Reduced, 921 ; the March Exchequer
k."" are ls. to 4s. prem. ; the June do., at
4641'; the Bonds at 98i ; and the India Bonds
e7R Pr em. em• t(
()II Foreign Stocks the dealing are not numer-
Nlt."ing to some large sales. Turkish 6 per
gradhave declined to 95 to and the 4 per
are 100 for money and 1014 for account. I
g 9 i3n 5 per Cents, 99i to 1001 ; ditto new,
Per ceeruvian 3 per Cent., 54i. Portuguese 3
g!
thelail,,, 45. Prussian 4 per Cents., Sar-
'Ph Spanish Passive, 251.
fob • . .li
teek.: owing are the nominal prices of Foreign
23 4,;'•Z-Grenada Deferred Bonds. 6l 7 ; Mexic ot,
Peruvian 41 per Cents., 77 78 ; ditto 3 per
11.„,rtsQ, 53 ; Portuguese 3 per Cents., 45 46 ; 1
~vepta Per Cants., 104 106 ; ditto 41 per
übeferrj6 98 ; Spanish 3 per Cents., 411 2 ; ditto
*tßaip''' 251 ; ditto Certificates, 6g ; ditto
Time' 5i 6. 1
to thOst Week' ys railwa receipts, ascertained up
`-(ay, are in round figures as under :-
41. 1857. 1856. 1
Borth. We..,e
.we' rn
eight stern
attll °ll .... . 13,456 12 726
moth
31,686 29,642
... 16,946 16,862
La NT'44 ......... 12,764 11,694
-Orthern
• ea'hire
i„kstei and Yorkshire
'neat -" taeter 6,453 6,235
er and - t . Holyhead
Lan_ acashire 6,569 6,188
"Ater and Carlisle
I,lo4chh.erator, Sheffieldand Lincoln
, 5 918 5,872
10,049 9,008
&filudon •
0 rth sta.Efa_ 2,287 2,211
ilatd, Ivory°.
itter, °ester, and Wolverh 4,123 3,644
P,dint,"a and Limerick
aPnedrtGhl,aasng 1,340 1,000
111inzibliurrtih,
odwDundee 5,837 5,283
6,314 5,869
Inode Railway Share Market business was
itist ratelY active,and •
aneea, a
84012 prices have shown, in most
Perth,t
bkne,ashire
and improvement. Great-Western,
a Torkshire, advanced ss. ; Edin-
burg
(.Berwick)n,
Dundee, South-Western, North-
__`a•ledonian, 1/. The South Eastern, 108. ; and
about prey' e French Shares were quiet, at
bliPrevious rates, but the Canadian Shares a
aa't‘b improvement. Great Western of Canada ad-
Lozceetad,
010 s, ; Lombardo Venetian and Great t
mi urg were firm.
rajoarng Shares were neglected, and ruled at no-
p elnOtatiOnS.
or joint Stock Bank Shares there was a fair
toe.d J• Bank of Egypt advanced be. to 10s. •
IT • °II and AV t •
111011 op es rru.n,ter, ss. ; Oriental Bank and
t,,' Australia realised former values,
Wet_ 'le Miscellaneous Market business was very
' allci previous rates were barely maintained.
I'I:FUINTDs.-CLOSING PRICES-THIS DAY.

List:)
(From
the
Qificval Business done.
Der n. .
92i i i ,
per VII. Reduced Annuities
91 .4 34. 4
ii,,,,,
:,,,eat. Consols Annuities
O2ii_iiii
India i Der Cent. Annuities
221
la end
intikC ......... • .......................... _ .
th.-„s. .ClOOO .......... .........
004;‘r, tinder •21000
.p!--°',3 for Account ' 946 g I
—locagner Bills 2,d.
2 p 1
D grin tt:t:lo° ° °9:1°1130.
e. .u.s. (18-0:i1:8: .516. FOREIGNI r Cent.
FUNDS—THIS 11221a
r44c4010. II
99 Pja
ur
73
. P
•.‘o. 1859
......
DAY.
6 per Cent
:t_bi!ttttol,l„epwe,rlB Cent 29 and 1839, 5 per Cent.. 991 i
•"'etican ,_
rA 5' Account .
23i
.._
bro, Bonds, 4i per Cent
b! t° Per Cent .. . —
1,0 itisq Account
51i rt!igneEe Bonds 5 per Cent., Con. 1841 --
1314 - '
a. 4 . 0 1803, 3 per Cent. 45
Ditto 1522, 13onde, 1622, ,L St., 5 per Cent._ -1
Nrcii• t 9 46 Per Cent.
Fina In, 2 onls, 5 per Cont. .........
‘-‘,1?,%h Ronde, 3 per Cont.
Ditto Account
Ditto New 1) f d 342
Ditt A °
erb'
' per
25i
iPa • 0 ccouut
T 11!811 committee Cert. of Coup. not fuu Fi i "k'hh ilonth, cant:gs
Ditto Account
per
95 5
bitto Guaranteed, 4 per Cent.
101 d
Di, ideuCs:on the above payable In London.
THREE O'CLOCK;
~Contols, money
94 i
Ali*, Acomat (June 4) ~, men In 94"