The Sun.
London, England, 1857-05-06 00:00:00

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COMMERCIAL INTELLIGENOF.

CITY, Two o'CLorK.

Accounts from Liverpool state that the Cotton
Market yesterday closed steadily, and prices of
most descriptions were unaltered. The sales were
estimated at 6,000 bales, 2,000 of which were
taken by the exporters and 1,000 by the specula-
tors. The Railway Share Market exhibited an
active appearance, and prices were at a slight ad-
vance.

Letters from Constantinople mention that the
subject of the proposed new Bank of Turkey had
alraost ceased to occupy the public mind, as the
r. egoeiations were believed to have terminated un-
successfully. In the meantime the finances of the
Porte remained in a deplorable condition, and the
Government found great difficulty in providing for
the current expenses of the country. The new
loan of 50,000,000 pias'reg which IV3S bArg,
arranged with the capitalists of Galata would be
Provided on these terms, viz., 7 per cent. intere=t
and 2 per cent. commision. The amount to be
reimbursable in bechlicks which give the benefit of
an agio of 12 per cent., so that the total expense of
the State would be 21 per cent. Owing to the
embarrassed condition of the Treasury there was no
Other alternative than to submit to these onerous'
terms.

The Thames has arrived from Geelong and is
stated to bring 4,780 ounces of gold valued at
19,1201.
The demand for silver has become quiet, but the
Customs lists show that supplies are still coming
forward from the Continent. It is therefore pre-
sumed that some of the earlier Australian
receipts •of- gold will not remain here, and
Probably the greater part of that on board
the Anglesea will be sent abroad. The accounts
receive I from Mexico by the Madalena inti-
mate that the Parana, which will arrive here in
dune will convey a large supply, and if the Eastern
demand falls off, as predicted, there will be no ne-
cessity fot seeking so large a quantity as heretofore
en the Continent. By this means the Bank of
ngland will derive the full benefit of the Austra-
lian remittances, and a steady augmentation in the
bullion is therefore anticipated. The American
exchange is- now about 1091, a point which
Will lead to the export Alen of gold to this country,
Ho that the specie movement during the next few
months may prove more satisfactory than for a
long time past.

A good demand still exists for discount accom-
modation, but the tendency is favourable, and in-
creased relief is soon anticipa,tecl. The market has
not yet wholly recovered fr.-un the pressure occa-
sioned by the payments of the 4th, while the set-
tlement of the Conrol account also helps to main-
tain the general inquiry. On the Stock Exchange
fall rates are likewise paid for accommodation.
An adjourned meeting of the Submarine Tele-
graph Company took place to-day, Sir James Car-
tlichael, Bart., in the chair, for the purpose of con-
firming the resolution passed at the former meeting
for the disposal of the Hanoverian concession to a
foreign company which should conform to tie
rfanoverian laws, and pay back the caution money
to this company, it being understood that when-
ever the earnings of the new company should be
equal or greater than the Submarine, the said corn-
IlltoY shall be amalgamated with the Submarine
a" French Company, so as to show an equal
dividend.
The annual meeting of the Oriental Gars Company
was also held t i-day, Captain Barber in the chair.
11e report states that satisfactory progress was
being made in the establishment of the company at
Calcutta, and hopes were entertained of their being.
sc'ell able to take contracts for lighting with gas the
establishments of the rich native. The accounts
show- that the company had received 60,4214 and
expended 55,505/. , leaving a balance in hand of
4,916/. A dividend of is. 6d.. per share was de-
clared, free of income-tax.
11. The English Stock Market is rather flat to-day
In consequence of some real sales of Reduced An-
nuities, and as the arrangement of the speculative
account is now engrossing chief attention, business
le quiet. A more active demand for money- is
"Perienced in the " house," which as usual tends
to prevent improvement, but the position of the mar
ket is firm, and upontbe arrival of the gol I due from
Australia increased buoyancy would no doubt en-
sue, Nuppr.sing no unfavourable circumstances int er-
l'ened. The charge for " carrying over "is still
per cent. Consols for money and to-morrow have
been 93? ; and for June, 931. The New Threes
are 921 ; and the Reduced, 92 to 92k. The
March Exchequer Bills are par to 2s. disc innt, and
the
June ditto, ss. to 7s. discount. The Bonds
are 081. Bank Stock is 213.
Foreign Securities are active, and the quotations
roettlain firm. Turkish 6 per Cents, are marked
and the pre-,ent value is 9311. The 4 per
:tits. are 100 a. Spanish 3 per Cents., 411 ; ditto
"eferred, 25g. Russian 5 per Cents., 105, and
ditto 41 per Cents., 96. Mexican Stock is steady,
4t
23g. Brazilian 5 par Cents. are 100 a ; ditto 5
ter Cents., 1829 and 39, 1001 ; Grenada 2i per
231 ; and Dutch 4 per Cents., 942.
3The following are the nominal prices of Foreign
°eka :—Grenada Deferred Bonds. 61 7 ; Mexican,
; Peruvian 4i per Cents., 761 77i ; do. 3 per
531 541 ; Portuguese 3 per Cents., 45 6 ;
91;,liali 5 per Cents.. 104 6 ; Do. 41 per Cents.,
25,4 ; Spanish 3 per Cents., 41; 2 ; ditto Deferred,
; ditto Certificates, 64 ; ditto Passive, MG.
taPisiness in the Railway Share Market has beenha nee circumscribed, and prices in moat in.tances
Cave
exhib!ted a slight decline. Brighton, Eastern
North-Eastern,
West-Tn, North-Western, Midland,
orth-Eastern, York, and South-Eastern, have
ieeeded about ss. The Canadian and East
radian lines are also at lower quotations.
Grandt Trunk of Canada declined 11 , Great West-
ern of Canada 55.., and East Indian about 15s.
The French lines fully maintained !previous values.
4..(346Fitish, Foreign, and Colonial Mining Shares
Clnactive, at barely previous quotations. Great
heal Alfred are at 7. Wheal Mary Ana 451, and
t°e Copper 591 60.
lowillt Stock Bank Shares have been dull, and at
amer quotations. Bank of Australasia receded 11.,
London and Westminster and Ottoman Bank
out ss.
thiall the Miscellaneous undertakings th9re is little
ampge to report. Canada Land, however, have
l roved about 1/. Peninsular and Oriental Royal
'll Steam and Electric Telegraph realised former
'4B FUNDS.—CLOSING PRICES—THIS DAY.

(From the Offievil Lust.)
Business done.
tam_
4 '''‘ Stock
, P''' .‘,„ .... 92 i 2
.., ~ -.• ..educcu A.ak•tiitdo,
Perrot..
N', 01n8otpi ~nnxitieb e.,.
924 4 a
1,0 .Per Cent. Annuities
t 47 Annuities, expire sth Jan. 1860 27hi 2
l.tto .4
~„ a Years, expire 10th Oct., 1859 2
.3-10
India 30 Years, expire sth April, 1885 l,
220 1
iildi:'t,t°ok
co,.
,r,ouels, £lOOO ie. ••
ZO4 for Account ••• •• 934 a
11500e0:1410n.er..1.3.1.1.1:,..T........
........
plalarr42c3hd•dp li sjidtient2e.l
Ditto,o!tta; Bo"
Isla, 1858, 34 per Cent.
934
b
..raP i ~ICES OF FOREIGN FUNDS—TIOIIOI3S
J34ttu 5 per Cent. .. IODOIY.
Ditto Account
baaisti° New, 1829 and 1839, 5 per Cent lBosoj
tn._ 1 Bonds, .3 pm Cent., 1825
4!eudor limy Consolidated l4 a d
nada
kiezie New Active, 24 per Cent.
bit:4' 1 Per Cent —
Rts,.° Account
Dix Ronda, In 2, E St., 5 per Cent lO3 4
Ditto'!L 44 per Cent.
13
8/4111
PLllikh '
per Cent.
Dittotivil-ada. 3
Div._ ew Deferred, 3 per Cen .
,_,O Account
Tjlth Gonda, par cent
'-'ltto Account * ...
bitt
1,, ° Guaranteed 4 per Cent.
—ii,to
_,
Account lOOl
t„, , 13tvidends on the above ,Avabip in Loom n.
„F.l Exchange, 2412 Guilders 65;
Ditto
1 Per Cent. Certificates 7i
Con 1 O'
" 71IREE CLOCK.
_1.),, 30s one
to. Acmcounty (May 7)

St.
50
St.
St.

20
10
St.

20
100
100

100
20
20
20

4:1-10
tra, following strange piece of intelligence is
tortlarnitted to the Cologne Gazette by , a Vienna
IrtiresPondent :—" The Ciainrican of Moldavia, M.
purrideg, lias discovered an original method. of
thating down political agita!tion. He his ordained
his uanY meddling, in an illegal manner, in
stpolitics, shall be punished by the loss of
achios and whiskers."