The Sun.
London, England, 1857-04-16 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

CITY, Two O'CLOCK.
The Liverpool Cotton Market yesterday closed
with a quiet aspect, and prices of all kinds were
unchanged. The sales were 6,000 bales, 500 of
which were taken for export. The Railway Share
Market opened rather fiat, but late in the day a
reaction took place, when a slight improvement
occurred.
The directors of the Agra and United Service
Bank have issued a report of the proceedings which
took place at the meeting of proprietors held at
• Calcutta on the 14th February. The statement
then presented exhibited a net profit of Company's
rupeesi 4,93,602-5-9, being at the rate of rupee,,
13-2-6 per cent. For annum on the paid-up capital
of seventy-five lacy. After providing for a divi.
dend at the rate of ten per cent. per annum, there
Would remain 3,18,602-5-9 to the Reserve Fund.
The half-yearly meeting of the Royal Mail Steam
Packet Company was held to-day; Capta'n C. E.
Mangles, M.P., in the chair. The report has been
already before the public, and shows an increase in
• the aggregate receipts of the company of 51,5411.,
Which was a source of satisfaction to the directors,
and enabled them to pay the usual dividend of 21.
Per share, and besides that a bonus of 11. 10s. per
shire, free of income tax. The Tyne had been re-
covered in a very satisfactory manner, and it was
believed that the whole of the expense would be
covered by the sum appropriated to insurance for
the first half of the current year, viz., 22,5001.
The surplus on the whole account available for
appropriation was 266,1061. 4s. ld. A few obser-
vations took place on the part of Dr. Beattie,
Captain Barber, Mr. Ru,sell Gurney, Deputy
Chairman, Mr. Hawes, and the Chairman in ex-
planation, when the report was carried, and the
dividend and bonus agreed to unanimously.
The very uneasy feeling produced in Stock Ex-
change circles yesterday, through a combination of
adverse circumstances, has given place to increased
Confidence, in consequence of the Bank directors,
as anticipated, not having found it necessary to
adopt fresh precautionary measures at tbeir meet-
ing to-day. Although few imagined an advance
in the terms of interest and discount would be an-
Isounced, there was nevertheless a manifestation of
anxiety ; for the recent course of events, so differ-
ent from what had been anticipated, has perplexed
even those usually enabled to form a pretty correct
idea of what is passing in the financial world. No
Wonder, therefore, that the result of the Court's
deliberation should have been awaited with great
interest. After a discussion only occupying a few
minutes the directors adjourned, so that it may be
f
supposed the position of affairs, through the influx
o gold and other circumstances, has im-
proved within the last few days. There
is little cause, however, for presuming that there
Will be any immediate relAxation of the stringency.
If it does not even increase the current rates will
no doubt be enforced for some time to come, al-
though further arrivals of gold will go far to pro-
duce relief.
About 500,0001. in Australian gold was deposited
lu the Bank of England yesterday.
The Funds, which opened flatly, have become ra-
ther, firmer since the adjournment of the Bank
Court. Speculation is rather dull and the Bears
11,°‘v appear to be acting with more caution. There
ts still a demand for loans and discounts which isun-
favourable in its influence on prices, but during
the last few days the sales have represented a large
total, and a disposition may soon be shown to close
such operations. Of course all will depend, how-
ever, upon money and specie movements. Consols
have been 92! 4 and 921-, for money ; for the ac-
count they have been 931- A. The New 3 per Cents.
have been 911 1-, and the Reduced Mil The
March Exchequer Bills are 4s. to 3s. discount, the
!Tune ditto Os. and Bs. discount, and the Bonds are
almost the same as before: Bank Stock is 213,
and India Stock 221. to 222.
A very limited business has been done in the
Foreign Stock Market, and, with the exception of
Turkish Bonds, prices have not varied to any ma-
terial extent. Brazilian 5 per Cents. improved to
ICOi. Danish were 85. Sardinian 901. Spanish
Deferred 25, and the Commitl;-!e's Certificates 6all.
Turkish 6 per Cents. were 931 and 91 t,) 91i.
Belgian 41 per Curti. 99, and Dutch 2i per
Cents. 65.

The following are the nominal prices of Foreign
;Stocks :—Grenada Deferred Bonds, 6 7 ; Mexi-
can, 231 & ; Peruvian 4i per Ocuts., 76 7 8 ;
Portuguese 3 per Cents., 441 51 ; Russian 5
per Cents., 104 6 ; ditto 41 per Cents., 95 7 ;
Spanish 3 per Cents., 41 1 ; ditto Deferred, 21i 53 ;
ditto Certificates, (in ; ditto Passive, 51 6.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :

1857. 1856.
Great Western
Norta-Western
South-Wostern 15,370 14,272
Brighton 15,425 12 289
'Midland
South-Eastern - 18,265 15,200
Valedonian
Great Northern
Lancashire and Yorkshire
Bristol and Exeter 6,240 6,178
Chester and Holyhead
Bast Lancashire 6.357 5,836
' Lancaster and Carlisle
Manchester, Sheffield, and Lincoln 9,827 8,773
North Stafford
North London
Oxford, Worcester, and Wolverh 3,863 3,143
South Devon
Taff Vale 4,307 4,047
. tlster 1,344 1,389
Edinburgh and Glasgow
Glasgow and South-Western
• Grand Trunk of Canada
Great Western of Canada 11,507 13,134
Northern of France
' The Railway Share Market has been exceedingly
inactive, and the business done has been chiefly in
• connection with the settlement of the account.
Prices have shown some fluctuation. Caledonian,
• Eastern Counties, South-Western, and South-
Eastern declined 53. ; and North-Western, 10s. ;
Great Northern and Great Western improved
ss. ; Midland, 103. ; and Lancashire and Yorkshire,
. 15s. The French lines are also rather higher ;
Paris and Lyons improved 15s. ; Grand Trunk of
Canada, 11. to 1/. 10s. ; Great Westorn of Canada,
Dutch Rhenish, and Sambre and Meuse are at
about previous rates.

Iu Mining Shares there is no change to report
in prices, the only dealings being in Great Wheal
Alfred at 6:1-, and Linires, 74.

Joint Stock Bank and Miscellaneous Shares rate
rather flat. Bank of Egypt declined ss. ; Ottoman
Bank, les. ; C rystal Palace realised 2g.

BRITISH FUNDS THIS DAY AT ONE o•CIAY.
(Fran the Official Ltst.)

:isin", hula Bank Stock .
3P* ':()nt. Keducod A nuuittem _
3 per gent. consols Aainßities 924 i .1i
New 3 per Cent. Annuities 9li el i 5
Lodz, Annuities, expire itt. lan. 1860 .. 2 -16 4
Ditto 31) Years, expire 10th Oct., 1859 2 5.16
. India Stock
Consols ?or Account ... . 93,-ii .1
Etchequer Bills, 24d. March. I June.
£1000
2500 4 d 1 p 1 5 d 6
• Small ..par 3 p 3 dl 9 3 d
' PRICES OF FOREIGN FUNDS AT ONE o'o m),
trazilian 5 per Cent. ..
Sardinian Bonds, 5 per Cent.
SP‘niih Bonds, 3 per Cent. -
• Dittc New Deferred, 3 per i len .
Spanish Committee Cert. of Coup. not fun 6 .i
Turkish Bonds, 6 per cent... 932
,11 'den t. 3,. the ah,,ve .1,-33i 5 in _u .. don.
Eelgian, 2.1 per Cont., ex. 25 francs —
• _Ditto 411 per Cent.. ex. 25 francs
Linten Exchange, 2:11 per Con.;., 12 Guilders 65
TWO O'CLOCK.
Consols, money
Ditto for account
•

- _
BREAKDOWN ON THE GREAT NORTHERN.—Between
and 8 o'clock On Tuesday evening, as a long coal train
!cm proceeding from Tux ford to Carlton, on its way to
London, an axle of one of the trucks broke, and 16 of
the waggons were thrown off the line by the violence of
the recoil. Both lines were completely blocked for a
considerable distance, and shortly after the accident a
down passenger train from King's-cross came in sight,
but was stopped by the timely use of signals. The pas-
sengers were, however, delayed upwards of two hours
before
a single line could' be opened, and the next pas-
senger train which came up was retarded for a similar
Period. The traffic was resumed as usual yesterday
Morning.

20
20
10
St.

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