The Sun.
London, England, 1857-07-04 00:00:00

ING.

MONEY MARKET

AND
COMMERCI INTELLIGENCF:

CITY, Two o'CLoex.
The Liverpool Cotton market yesterday closed
firmly, with a moderate demand. The sales were
6,000 bales, 1,500 of which were taken for export
and on speculation. The Railway Share Market was
quiet, and prices were a shade lower than on
Thursday.
There was a meeting yesterday of the creditors
of Messrs. Evans, Hoare, and Co., who failed a few
week's since. They were connected with the Aus-
tralian trade, and appeared to have made very in-
judious consignments to the colonies. Their
liabilities were stated at 82,3931., and the asset•,
although set down at 36,0647., will not, it is
thought, yield anything like that amount. The
explanations afforded were deemed very unsatis-
factory, and it was resolved that the estate should
be administered in the Bankruptcy Court.
The Bank of England return, which is com-

plated for the week ending the 27th ult., is not so
satisfactory as was generally expected, and the
movements which have taken place in the " reserve
of notes" and the " other securities" fully show
that the directors would not have been justified in
reducing the rate of discount on Thursday
last. The preparations for the fourth of the
month and the usual quarterly disbursements have
checked the improvement lately noticed, but a
considerable addition has been made to the bullion ;
and, as large sales of gold have taken place during
the last few days, it is estimated that the stock of
the precious metals now in possession of the autho-
rities cannot be far less than 12,009,0001. sterling.
There is rather a large decline in the private
deposits, but this is fully accounted for by the
large augmentation in the public deposits. The
principal items, and the changes they present, are
as subjoined. :
Active Circulation
Increase
Bullion
Increase

.... £19,142,700
~... 338,875
.... 11,378,872
.... 206,010
3,368,670
15,596
▪ 8,243,237
443,635
.▪
... 9,184,352

Rest
Increase
Public Deposits
Increase
Other Deposits

Decrease
Seven-Day and other Bills 677,021
Increase
Government Securit;es
Other Securities
Increase

Notes unemployed
Decrease
The official return of the exports of the precious
metals from the port of London for the week
"ding Thursday last is as follows :

Gold Bars ... Boulogne ... 6,000 Ozs.
Silver Coin ... Hamburg ... 2,800 „
Subjoined is the official account of the specie on
board the Colombo, whichwill be despatched to-day
to India and China :
Bombay (silver)
Ceylon (silver)
Do. (gold)
Madras (gold)
Calcutta (silver)
Penang (silver)
Singapore (silver)
Hong Kong (silver)
Shanghai (silver) .

.V>90,525
286
254
3,100
172,155
1,250
43,550
167,199
180,901

Total £859,220
The Champion !of the Seas has arrived from
Victoria, with 131,3241. in gold, viz., 32,831
ounces. The greater part of this is expected to be
taken into the Bank, as the continental demand is
'low very much contracted.
Money is in good demand owing to the amount
required for the liquidation of the bills arriving at
Maturity to-day, the 4th of the month.
There is renewed flatness in the market for specu-
lative securities, although the transactions, as
usual on Saturday, are limited. The decline is
Per cent., and the cause of the movement is the
Bank return. Consols have been 921 I. For
the opening they are marked 92?-t. The New 3 per
Cents. are 921 I, and the Reduced also 921
Bank Stock is 214. Exchequer Bills continue at
4s. discount to par. The Bonds are marked 981.
Foreign Securities are generally at firm quota-
tions. Turkish 6 per Cents. have been steady, at
96i j. Peruvian Bonds have risen to 801 and 81,
and the 3 per Cents. to 551. Russian 4t per
Cents. are 964 Dutch 21 per Cents. 631, and the
4 Per Cents. 98. French Threes are 67 75, with
the exchange at 25 20.
The following are the nominal prices of Foreign
Stocks;--Grenada Deferred Bonds, 6 1 ; Mexican,
2211;Peruvian 41 per Cents., 80 81; ditto 3 per
Cents., 54 55 ; Portuguese 3 per Cents., 441 45i ;
Russian 5 per Cents., 109 111 ; ditto 41 per Cents.,
96 98 ; Spanish 3 per Cents., 404- ; ditto New
Deferred, 25 2- ; ditto Certificates, 6i ; ditto
Passive, 5i
Only a limited business has been transacted in
Railway shares, but the dealings have been at
slightly improved rates. Caledonian advanced ss.
Great Northern ss. Lancashire and Yorkshire
68. South- Western ss. Midland 55., and
Oxford, Worcester and Wolverhampton, 10s.
the Foreign and Colonial lines there were but
few transactions. Eastern of France improved ss.
Grand Trunk of Canada 10s., and East Indian ss.
Great Western of Canada declined about 7s. Gd.
Mines, Banks, and Miscellaneous shares ruled
extremely dull at about former values. Oriental
Bank declined 55., and Royal Mail Steam improved
about 11. to 11. 10s.

13 RITISH FUNDS.—CLOSING PRICES —THIS DAY .
(From the Official _ _

Bus'ness done.
Bank Stock 214
3 Pee cent. Reduced Annuities
New 3 per Cent. Annuities 92i a it
Consols for A econnt, 924 fi
Ditto for Opening 92i
India Stock
Ditto Account ............
Etehequlr Bills, 2id.
£lOlO .......... .............
S£soo .
mall ........
.........
Ditto Bonds, 1858,.3i per Cent.
PRICES OF FORETGN FUNDS—THIS DAY.
Peruvian Bonds, 4i per Cent .......
Ditto Account ............ .. . .....
Ditto 3 per Cent., ......
D' .to Account . ............................. Est
Portuguese Bonds, 5 per Cent., Con. 1841 -
Ditto 1853, 3 per Cent ......................
Ditto Account 45
Russian Rends, 1K22, £ St., 5 per Cent —
Ditto, 4i per Cent. 964 I
Spanis mraqtee Cert. of Coup. not fun. 6
Turkish Bonds, 6 per cent
Ditto Account
Dividends on!the above payable in LonUcn.
French Rentes, 4i per Cent.
Ditto 3 per Cent
Dutch 67f. 75c. x d ex 25f. 20e,
Exchange, 24 per Cen:,., 12 Guilders 631 x d
LOD. 4 per Cent. Certificates
Consols for Account!.,.... TWO O'CLOCK.
................ 92a

221

.......... ......... 81 8O 1

THE GREAT NORTHERN RAILWAY
FRAUDS.

Much surprise was created in the city yesterday
bY a remark reported to have been made by Lord St.
Leonard's the previous night, in the discussion on
the Great Northern Railway Bill, to the effect that
f‘,,` the company were not to be bound by fraud and
urgerles of Redpath, and the only question was.
°/le of policy with regard to operations on the
Stock Exchange." The simple facts of the
case are that Redpath, as the authorised regis-
nfr of the company, issued fictitious certificates
;stock to innocent purchasers, and that the com-
a r were considered to be responsible not only in
actsi irectl
_ndlreet
Manner for the acts of their servant, but
Y for the culpable neglect by which those
the were rendered possible. So complete bas been
b c°nviction on this point that there has hitherto
/10 attempt to dispute it in auy case. The
R.°Yal Swedish Railway Company at once recog-
!zed the stock purported to have been created by
their chairman, Sa,dleir ; and the Crystal Palace
item, Pany adopted a similar course in the case of
o°uson. It is true that in America the conduct
f
t,_a Public company under circumstances of this
d has been different, and that the New York
and'iuti New Raven Railway have set the sufferers by
Not
frauds of their chairman, Schuyler, at defiance.
a°t Only, however, has the step been stigmatised
~3
th a Painful blot by all the respectable merchants in
of their claim, have appealed to the law, which is
341ne as that in England, for its enforcement.—
"es City Article.
TRR

turb - MURDER IN ESSEX. —The jury yesterday re
10p18 derse a
o Verdict that Mary White was murdered Ly
Pn