The Sun.
London, England, 1857-06-01 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLoex.
The Liverpool Cotton Market on Saturday closed
With a quiet aspect, and prices remained without
any particular alteration from Friday's currency.
The Railway Share Market was dull, and prices
Were unchanged.
No improvement is reported in the state of
trade in the manufacturing districts of the North
f England, and the " short time" system, already
introduced into Manchester, Stockport, Bacup, and
Burnley, it is thought will soon extend to other
towns. The demand for most kind of goods is very
limited, the dearness of money and the un-
favourable condition of foreign markets checking
operations.

Although the applications for discount accommo-
dation during the last few days have been rather
More numerous, the additional pressure is not
greater than usual immediately before the liquida-
tiOn of the engagements of the " fourth." Besides
the preparation for these liabilities, the settlements
at the Stock Exchange, and the arrangements con-
nected with silver remittances by the Indus, have
assisted in augmenting the general inquiry.
•A,ll these influences will continue in force a
few days longer, it is probable that an
increased degree of stringency will be
experienced, but the improving position of the
Bank, and the ample supply of capital in the
market induce many to believe that some relief will
be felt before long. Busine-.s in all departments is
Contracted, and speculation being inactive, it is
thought that the demand will diminish. The most
Unfavourable feature just now is the drain of silver
to India and China, which baffles all calculation as
to the future, and in many cases gives rise to dis-
couraging anticipations. It is estimated that about
800,0001. will be despatched on Thursday, and if
the efflux is continued at that rate, say a million
and a half sterling per month, we shall not derive
tench benefit from the receipts from Australia.
Ital
The crop
y, and,s of silk are progressing in France and
if the harvest should prove of an
average character, these shipments may eventually
be reduced, but for a time at least there is no pro-
'Poet of a mitigation of the evil.
During last week the imports of the precious
Instals amounted to about 724,0001., and the ex•
Ports, as far as they can be ascertained, to
371000/.
The Donald M‘Kay has arrived from Melbourne
with 12,098 ounces of gold, and the Europa from
the United States with 1,064,590 dollars.

Later advices have been received from New South
Wales by the Aln wick Castle, which has performed
the voyage
home in the short space of 76 days.
The intelligence is therefore four days later than
that received by the overland route.
The meeting of the Bombay Board of the Cen-
tral India Railway Company has just been held.
The report was adopted and a memorial was read
palrleopwaigrnatory to presentation to the H. E. I. C. for
the company to make the line from Bom-
bay to Surat, with the same guarantee, which was
approved unanimously.
Very little alteration has taken place in the
English Stock Market to-day, the quotations pre-
senting a firm appearance. An one period, an up-
ward turn was observable, but a few sales have
caused a slight degree of flatness. The ar-
rival of the Donald M'Kay has added to
the strength of the market, and the ex-
pectation also thatloans on stock will be granted
by the Bank during the shutting, has some effect.
Consols for transfer and the 4th inst. have been I,
93194. the former having touched 941. For the
duly account they are 94 /. The New Threes have it ,
been 921 r the Reduced 921 and 92f I. Bank 18
Stock is 212, and India Stock 221. The March 18
Exchequer Bills are 2s. to 6s. premium, andthe ad-
10
00
vertised, is. premium. 100
Foreign stocks are very dull. Turkish 6 per
Cents. are 95 to 951, and the 4 per Cents. 1012. ITO
BPanish Deferred have been dealt in at 25} ; 20
Belgian 4t per Cents., 961 ; and Dutch 6 per 20
Cents., 20
97.
174
The following are the nominal prices of Foreign 20
Stocks:—Grenada Deferred Bonds, 6i ; Mexican, :6
221 3i ; Peruvian 4& per Cents., 76 77 ; ditto 3 per 100
Ceuta., 53& 543/4 ; Portuguese 3 per Cents., 45i 46k ; 10000
Russian 5 per Cants., 107 109 ; ditto 43/4 per Cents., 20
!15 ; Spanish 3 per Cents., 4112 i ; ditto De-
-25± A ; ditto Certificates, 6
.7 ; ditto Pas-
sive,

A very limited business bas been done in Rail- I 201
lilies have shown any variation in quotations. Lan- 100
eashire and Yorkshire improved about ss. to 10s. ; lig?)
North Eastern (Berwick) 10s. ; North Western, ss. ;
North Eastern (York) ss. ; and South Eastern about r
". The French Lines were not dealt in, and ruled 20
nominallyat previous rates, as also Grand Trunk
20
20
of Canada ; Great Western of Canada declined
20
about
and Antwerp and Rotterdam advanced 20
ss. ; East Indian, Madras, and Sambre and Meuse 20
realised former rates.
Mining Shares rule very quiet. Wheal Edward
10
are dealt in at at 6, and Santiago de Cuba at 2/. 20
Joint-Stock Bank Shares exhibit rather more 205
buoyancy, but prices are steady. London and 6
County advanced about 55., and Union of London,
08. to lOs. ; London Joint-Stock, London and 20
Westminster, Ottoman Bank, and Union of Aus- 20
tralia realise previous quotations. 20
20
In the Miscellaneous Shares business ruled inac- 20

tive. Australian Agricultural declined 10s. ; Pen- 10
insular and Oriental Steam, Electric Telegraph and ro
4 Crystal Palace were dealt in at former value. 20

BRITISH FUNDS.—CLOSING PRICES—THIS DAY.
( From the Officsal List:)
Business done.
sank Stock
11 Per tent. Reduced Annuities
2 per C.;nt Corlols Annuities 94 34- 4k
New 3 per Cent. Annuities 921 4
Loeg Annuities, expire st!) Jan. 1860 2 7-16
. Ditto 30 Years, expire sth April, 1885
281
India Stock
India Bonds, .61000
nitto, under £lOOO 4 d
Consols for Account .... 934 4
.E.tehequer Bills, ltd. March. I June.
£lOOO . ...... —..
460 362 p 1
Firnall ..... ~ .
Ditto, Advertised I. p par 1
Ditto Bond 4, 1658, 36 per Cent.
Ditto, 1859 ............. .
PRICES OF FOREIGN FrjNDS—THIS DAY.
Brazilian 5 per Cent.
Dltto Account
Ditto 5 per Cent. (Rothschild's)
Russian Bonds, 1622, £ St., 5 per Cent -
bitto, 41 per Cent. 971
Ditto Snail
'6lrdinian Bowls, 5 per Cent. -
Ditto Account B9l 9
Spanish Bonds, 3 per Cent. -
Account
Ditto
New
Deferred, 3 per cen .
Ditto 251
T 'Ukiah Bonds, 6 pur cent — -1
Ditto Account 9sh 5
bitto Guaranteed, 4 per Cent.
Jto,,earts an the above oayable in Lou un.
Belgian, 21 per Cent., ex. 25 francs —
,„.,
,1-itto ,h per Cent.. ex. 25 francs
.1-, teh Ex,„„g„ 24 per Cent., 12 Guilders 651
Ditto 4 per Cent. Certificates
Litto Account 97
THREE O'CLOCK,
Consols money
Ditto ACcount, Juno 4

CAPTICIRN OF A FORGER.—An extraordinary sensation
has been created in Bedford and the whole district by
the discovery that a man just apprehended for horse-
stealing turns out to be the notorious John Thang Ilar-
.4ditle, the great bill forger in Huntingdonshire.
It is with regret that we anr.ounce the death of Mr.
Edward Holmes, director of the water-colour gallery
all„,d engraving court at the Manchester Exhibition.
designs fcr the New Palaces of. Administration
which shall find most favour in the eyes of the judges
will be exhibited in Westminster-ball separately after the
11,81rda are :ado.