The Sun.
London, England, 1857-06-11 00:00:00

XONEY MARKET

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Liverpool Cotton Market yesterday closed
With a hardening tendency, and prices of Amerioans
were id. per lb. dearer, but most of the other de-
sliptions were unaltered in value. The sales
amounted to 12,000 bales, 3,000 of which were
taken by the exporters, and 2,00 Q by the specula-
tors. The Railway Share Market closed quietly,
arid prices are at a slight de;line, compared with
Tuesday's rates.
The continued dearness of money, and the diffi-
culty found by weak firms in procuring accommo-
dation when employment for capital on first-rate
leturity is easily secured, occasionally lead to a
commercial failure, and during the current week
t,70 or three small houses have succumbed. With
04 exception, however, the aggregate amount in-
701ved is not very serious, and the suspensions are
not traceable to any inherent unsoundness of trade,
but rather to past losses, or undue speculation.
Epee those who exercise the greatest prudence
4iaVe in many cases suffered from the prolonged
stringency, and it is therefore hoped, that the
anticipations of an easier money market, now so
confidently expressed, may prove correct. The
suspension was reported yesterday afternoon of
Messrs. Evans, Hoare, and Co., who were engaged
al shippers of wines, spirits, &c., to Australia. The
assets, which chiefly consist of these articles, yet to
rOrealised in the colony, are not considered likely
represent a very satisfactory total, while the
°abilities are put down at 200,0001.
Active purchases of silver are being made on the
Continent for English houses, and it is probable
that the exports on the 20th will exceed the amount
originally estimated.
The Bank of England Directors have made no
alteration in the minimum rate of interest and dis-
Oeunt, and the opinion we formed yesterday, based
ual the recent returns, has proved- correct. That
It° improvement will take place before long, is very
Probable, but the reserve of notes is too low, and
the stock of other securities too large, to warrant
the- authorities in resorting to any immediate
measures of relief. An alteration in the rate
at Paris is spoken of, and, if this were effec-
ted, it would perhaps accelerate a movement
here. The demand for money is quieter, but
ne reduction in the terms can be reported.
The market for English Stocks has exhibited a
Very inactive appearance, and there is almost an
entire absence of business. During the earlier
Part of the day only two or three bargains were
recorded, but p
firm,rites nevertheless keep very
and the tendency is rather favourable.
•licleed it could hardly be otherwise, considering
the diminished inquiry for money, the sales of
gold to the Bank, and the prospect of favourable
returns from the Bank of France and the Bank of
England. Consols have been about 93 all the
~.sdaY. The New 3 per Cents. are 92/ and the
Related 94 /. Exchequer Bills are 2s. dis , and
the Bands are 981 India Bonds have been 3s.
discount.
Special Transfers of Consols have been effectad
at 9311 941.
Foreign stocks are quiet, but at previous prices,
except in one or two cases where a slight advance
's quoted. Turkish 6 per cents. are firm at 951
and the 4 per cents. have risen to 1011. Portia
guess 3 per cents. are 46i.
The following are the nominal prices of Foreign
Stocks:-Grenada Deferred Bonds. 6i ; Mexic en,
221 3 ; Peruvian 41 per Cents., 75 7 ; ditto 3 per
Cents., 52 4 ; Portuguese 3 per Cents., 46 7;
Russian 5 per Cants., 108 10 ; ditto 4i per
Cents. 97 9 ; Spanish 3 par Cents., 411 21; ditto
New Deferred, 251 3 ; ditto Certificates, 61 ;
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 £33,925 £32,473
Forth-Western
Brighton 17,702 14.392
Midland
South-Eastern
Caledonian W 13,367 12,039
Great Northern
Lancashire and Yorkshire
Lancaster and Carlisle
East Lancashire 9,072 6,574
,Manchester, Sheffield, and Lincoln 14,501 9,438
North
London
Stafford
Oxford, Worcester, and Wolverh 5,025 3,429
Glasgow and South. Western
chnburgh and Gia,gow
Scottish North-Eastern
Grand Trunk of Canada
Great Western of Canada
Northern of France

The Railway Share Market this morning has
ruled rather quiet, but a slight improvement in
74°Itte of the principal lines may be quoted. Great
Western advanced about ss. ; Caledonian lOs.,
Brighton
10s., and South-Eastern 10s. The other
fines dealt in brought about previous rates. The
Foreign and Colonial lines are quiet. Grand
tTrunk of Canada have advanced ss. Great
!'e&tern of Canada declined ss. Dutch Rhenish,
Feat_ Luxembourg, and Northern of France
Zire at former quotations. For Mining
',hares there was no inquiry, and quotations

are quite nomival.
Only two or three dealings were reported in
deint-stock Bank Shares. London Joint-stock im-
proved about ss.
„ The miscellaneous undertakings are quiet, at
lormer values. Crystal Palace, waver, may be
quoted a shade higher.

I/ tITISH FUNDS.—CLOSING PRICES —THIS DAY.
( From the Official List.)
Business done.
''llk. Stock
3
~ Per Cont. Reduced Annuities
? Per , 'tot Consols Annuities Shut 93141 with div.for mon
'°'it? Annuities, expire sth Jan. 1860 2 7-1.6
India Bonds, 11000
Consols for Account, - ex. div.
Etolloquar Bills, ;44d. I
C10(10
en;tall 36 p 1
Ditto Bonds, 1858, ai per Cent. .... ..... 981 if
Ditto, 1559 -
PRICES OF FOREIGN FUNDS—THIS DAY.
Chiliau Bonds, 6 per Cent lOl4

.... Ditto 3 per dent. 76 7
relivian Bonds, ,t per Cent
Ditto 3 per Cent.
rortuguese Bonds, 5 per Cent., Con. 1841
, Ditto 1853,3 per Cent. 4)ti I
ktassian Bonds, 1522, t; St., 5 per Cent —
~. Ditto, 44 per Cent.
Turkish Bonds, 6 pxr cent —
Ditto Account
Ditto Guaranteed, 4 per Cent.
DiNidenea on the above payable in i.,,i, , n.
THREE O'CLOCK.
Consols for account, July 9 93 i ex d

CONVICTION FOR FORGERY AT EDINBURGH.-00
Monday, at the High Court of Justiciary, Joseph Man-
ning Wilson, sole partner in the firm of J. Wilson and
Co., shipbrokers and commission agents in Leith, was
convicted of forging and uttering bills of exchange,
drawn principally upon foreign commercial houses, for
suing amounting together to between 2,0001. and 3,0001.
Ile was sentenzed to be transported for life.
THE LATE SUSPECTED MURDER AT BlLSTON.—Yeeter-
day (Tuesday) Philip Close was again brought up before
the magistrates at Bilston, charged with the murder of
Elizabeth Hopley. The witness George Powell was not
forthcoming, although a warrant for his apprehension
was on Tuesday last issued by the coroner. The prisoner
Was therefore remanded for another week.—lVolver-
hampton Chronicle.
BRUTAL MURDER. —A barbarous murder was coca
witted in Dundee on Saturday evening, the victim being
an old widow woman named Margot-, t Burnett or Quin,
and the murderer, a weaver, named James Coyle. The
fellow entered the house of the deceased in a state of
drunkenness, and attempted to take indecent liberties
With her daughter. He met with strong resistance, and
dating the fray be kicked the unfortunate woman, from
the effects of which she died. Yesterday morning
Coyle was brought up before the police court, and foe
Malty charged with assaulting Mrs. Cassidy, with mur-
dering Margaret Burnett, or Quin, and with assaulting
the policeman ; and, as a matter of course, he was at
once remitted for prosecution before a higher court.—
Glasgow Mail.
CIVIL SERVICE ESTIMATES.--Yesterday were published
the estimates for the year ending March 31, 1858, relat-
i4l' to education, science, and art; and also the estimates
during the same period for the colonial, consular, and
Other foreign services. By the former dooument it ap-
Pears that the sum required for the purposes therein
stated is 1,000,3221 , being an increase, as compared
With 1856, of 123,3851. The chief items of this increase
are 90,020/, for public education in Great Britain, and
9.1801 for science and art ; 10,0001. for the British
Museum (establishment) 17,6711. for its buildings. and
6,944/, for purchases. There is also an excess of 5,5261.
for the National Gallery (including purchases of pictures).
By the latter document it is shown that for the ser-
vices therein epecified the sum of 382,2151. is required,
t•xleihiting an increase over the estimates fur 1856 of
; 139601.