The Sun.
London, England, 1857-08-22 00:00:00

• t.

MONEY MARKET

A ND

COMMERCIAL -ikTELLIGENCE.

CITY, Two o'CLocK.
In the Liverpool Cotton MarkA, yesterday, the
sales were 12,000 bales, 2,000 for export and on
speculation. The Railway Share Market was
quiet.
The Bank of England return for the weekending
the 15th in-t., exhibits some satisfactory changes ;
and since that date there is reason to presume that
the improvement has continued. Besides an in-
crease in the reserve of notes, there is a consider-
able declension in the other securities. The steady
accumulation in this department has been viewed
with some anxiety for some weeks past, and now
a contrary movement has commenced, the position
of the Bank has materially improved. There is a
small reduction of bullion, but this was fully ex-
pected, owing to the preparations that bad to be
made for the remittances by the steamer Colombo
on the 20th. The decline of upwards of three-
quarters of a million in the Treasury balance is
duo to the payment of 1,125,000/. to the agents of
the Danish Government for the redemption of the
Sound Dues. The principal items and the changes
they present are as subjoined :
Active Circulation
Decrease . 154,415
Bullion 11,259,900
Decrease
Rest
Increase
Public Deposits

Decrease
Other Deposits
Increase
Seven-Day and other Bills 733,090
Decrease
Government Securities
Other Securities
Decrease
Notes unemployed
Increase

The official return of the exports of bullion from
the port of Loudon for the week ending Thurs-
day last is as follows :

Gold Coin ... Hamburg ... 200 Ozs.
71 ... Calais ... 80 „
~ Bars ... Boulogne ... 15,000 „
[Silver Coin ... Hamburg ... 800 „
... Calais ... 600 „
9, ... Boulogne ... 4,000 ~
The advices from India have caused a decline
of neatly 1 per cent. in the market for Public
Securities, and there bas naturally been a
good deal of excitement in the neighbourhood of
the House. Had it not been for this intelligence
the market would have, no doubt, improved, owing
to the easier state of the m-ney market, the
encouraging Bank returns, and the arrival of gold
by the Great Britain. Consols have been 911 1
for money and 90 for account, bat at one o'clock
they were 90-g. and 901 11 respectively. These are
the present values.

The New Threes are 91k, the Reduced9o2l, and
Long Annuities 2 7-16 ths. Exchequer bills are 4s.
dis. to par, and the Bonds 981, 2. Bank stock is
214, and India stock 212 k

In the Foreign Market there has been rather
more firmaes, but the decline "in the Funds has
naturally caused some depression. Turkish 6 per
Cents. luxe been 93i to 94-k, and the present price
is 94. Mexican 3 per Cents. are 221, Russian 5
per Cents. 1131, Spanish 3 per Cents. 40M, ditto
Certificates, 61, and Dutch 2& per Cents. 64k.

The Railway Share- Market has been inactive,
but the few transactions reported have been in
most instances at a decline of abut 4 per cent, on
yesterday's rates. Groat Western, Lancashire and
Yorkshire, North Western, South-Western, Mid-
land, and South-Eastern declined ss. ; Great Nor-
thern, 10s. ; and South Wales, 11. Caledonian im-
proved ss. ; and Chester and Holyhead, and
Brighton, 10s. Very little business was
done in the Foreign and Colonial lines. Grand
Trunk of Canada d, dined about 10s. Great
Western of Canada, Great Indian Peninsula were
steady. East Indian were at nominal quotations.
Eastern of France, Great Luxembourg, and Namur
and Leige were at previous quotatit.n.s.
Mining shares are very quiet. St. John del
Rey are dealt in at 121, wad North France at 9.

Joint Stock Bank and Miscellaneous Shares are
dull in London. London Joint Stock declared
5., and Union of Australia, Ds.

B .ITISH FUND...—CLOSING PRICES —THIS DAY.
arom the o;;iteal List:;
Fastness done.
Bank Stock
3 ',t'' sent. Reduced Ananitlca
3 ~,,, Per Cent, Consols Anniaitlg 9.)i 4 i
11 "'," 3 per Cent. Annuities 9ll-, 1
L ~,.:., Annuities, expire sth Jan. 1860...
India Stock
0 2.01, ,•:
r ,S. C 1.1 0 a ilt . 1-, 0 3 a
.ExTherlucr Bills, 2id.
~,3t.?ii ..... ~..,,, ~~,
'Fit)(t
F'`.' S •,..11
. ...
Vl,Fxchequer Bonds, 1 FSK, :31, per Cent.... 93A i
. PRICES OF FOREIGN FUNDS—THIS DAY.
exican :3 per Cent — „
Ditto Account 2') 4'• •
- •
Rnsiian Rends, 1522, £ St., 5 per Cent --
Ditto Account ......... 113?
SD ::Eh iliol..ds, 3 per Cent.
Ditto Account
S -T-ish Cemmittec Cn.t. of Coup. not fun 6 I:
Tulkith Bonds, 6 per cent 9i 4
2rato Account ....
Ditto Guaranteed, 4 per Cznt.
Mite Account
Dividends on the above payable in London.
Dutch Exchange, 2 per Cen;., 12 Guilders 64i .1
TWO O'CLOCK.

Consols, money
Consols account

THE INDIAN MUTINIES.

The following is an extract from a letter from an
Artillery officer, dated Pcshawur, June 26 :
"We have formed here a beautiful 6-pounder
horse battery, with 160 Europeans attached, the
only battery in India in which the drivers are not
natives ; 74 ride and the rest sit on the guns and
Waggons ; in three weeks we procured volunteers,
taught them to ride, and trained 130 horses ; we
want:. 20 more horses.

" I will not now weary you with more details,
but change the subject. lam always picturing to
myself the horror of pe)ple at home when they
hear of the succession of atrocities perpetrated by
the scoundrel Sepoys, and of the narrow escape we
have had of losing India. We disarmed the 10th
Irregular Cavalry here, and then disbanded them
for not charging the 55th Native Infantry, who
were in open mutiny, when ordered to do so. We
managed to get thee doves, as they are called, dis-
mounted within 100 yards of the guns, sent a party
to seize their horses at their pickets, then com-
manded them to lay down their arms, then sent
searchers to relieve them of their paraphernalia,
made them take off their coats, then ordered them
to take off their boots. Fancy a cavalry regiment
hard at work taking off each others' boots, under
the influence of artillery I Each man was then
given 8 annas (12d.), the whole secured, marched
off to the river side, where they are to be embarked
in boats and sent down the Indus, where I expect
every mother's son will have a chance of being ;
drowned in the rapids. To-night we pick out
horses to complete the battery from the disbanded
cavalry. We had a night alarm a short time since;•
you know we (the artillery) all sleep at the guns.
awoke and heard 'boom," boom;' hearing guns fired
(for so it seemed) at regular intervals from the fort,
we thought the city had risen, and a night alarm all
through the cautonments was the mutt ; we were
all at our rendezvous in no time. This was caused
by the explosion of little mines in the city in
honour of a wedding. Well, next morning the
Persons concerned and tlioe who worked at the
mines were tied up and received such a flogging as
they will not easily forget. In these times of dan-
ger and treachery we don't bother ourselves about
the quirks of law, but hang, shoot, or flog as cir-
cumstances arise. We stand no nonsense here.

The General swears
" What a wonderful mercy the telegraphic com-
munication has been kept up in the Punjab ; here
1S a use it was put to :—A letter was intercepted at
Piudee, which said, Three natives of high tank
(giving sit in council tomorrow to decide
What to do against the English.' Telegraph said,
Let a spy attend and report.' This was done,
and in a few minutes after the outlines of the plot
were befure Lawrence. Telegraph again, Hang
theta all threw.' In 15 minutes more they were
hung. Short work."

ATLANTIO TELEGRAPH COMPANY.—There were buyers
yesterday of the 1,000/. shares of this company at 2001.
discount. It appears that the company are now con-
sidering whether they shall nnew the attempt in Oct.,
which is often a quiet mouth on the Atlantic, or wait till
next July, and meanwhile accept one of two offers which
are understood to have been made for the purchase of
the cable, with a view to its being applied to a COMILII.
nieation with India.