The Sun.
London, England, 1857-08-06 00:00:00

O E
.2.'41 A 11

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
The Liverpool Cotton Market yesterday closed
quietly, yet firm, and previous prices were well
maintained. The sales amounted to 6,000 bales.
The Railway Share Market closed with an active
appearance, and prices were steady.
The advises from New York by the steamer
4-rago add very little commercial information to
What has previously been received. The specie
held by the city banks continued to increase, not-
withstanding the exportation to Europe. Accor-
ding
to a return completed by these establish-
Inuits, the total amounts deposited in their coffers
on the 18th ult. was 13,591,606 dollars, and the It
dePesits were 67,005,589 dollars. The loans and 2
discounts had reached the large amount of .1
117,365,321 dollars.
About 20,0001. in gold was taken into the Bank
Of England yesterday, and it is believe 1 that a
further addition wilt be made in a few days ; the s.
,demand for that metal being quieter. Silver is
firm at 61d. per ounce standard, but business is E
rather limited.
At the meeting of the Bank of London to-day-
Sir J. V. Shelley, Bart., in the chair-the report S
°bowel a net divisible profit of 11,5371. 10s 4d ;
bat as their was a less of 7,0391. in their govern-
roent securities at the price of the day, the d=irectors !
Proposed that there should be no division of profi's
at this period. The chairman dispelled the vat ions
aspersions cast upon the bank by malicious persons, k
and considered that their prospects were now more
cheering than ever. The report.was adopted.
At the half-yearly meeting of the London and,
County Banking Company, held to-day-D. Nicol,
Esq., in the chair-the report stated that the net
profits were 39,1041. for_the half-year, out of which
they declared a dividend of 5 per cent. for the
half-year, and carried 14,0001. forward to the next
account., The business had greatly increased since
the last meeting.
At the meeting of the National Discount Com-
pany to-day, Mr. J. D. Morrison was elected an
auditor by a large majority.
The Directors of the Bank of England, at their
"parlour" meeting to-day, held a protracted dis-
cussion, but they separated without making any
change in their terms of discount. During the last
few days many have expressed the opinion that an
advance of 1 per cent. would be determined upon at
once, in order to resist the pressure for accommoda-
tion and the withdrawal of gold. As the Bank had
been gaining strength for some weeks previously,
however, it could scarcely have been anticipated
that a slight temporary retrogression would have
necessitated the adoption of restrictive measures ;
but it is quite possible that such may ulti-
luately be found indispensable. The present acl-
Vance of price is too rapid to be continued
Without seriously disarranging the Money Market,
already overburdened, and if it does not subside,
in the natural course of events, restrictions must
Inevitably be imposed, seeing that the imports from
our various' sources of supply ate insufficient to
facet the wants of shippers, and that the deficiency
must, therefore, be obtained at the Bank.
The English funds have been rather firmer to-
day, in the absence of unfavourable rumours or
centinuedcalls, of importance. The transactions re-
corded are chiefly in connection with the liquidation
of the monthly account now in progress. Cons3ls
'or Money have been 901 1 and 901 1, while for the
9th pros., they are marked 904 90k 1 and 901
The present prices are 901 g and 901 respectively.
he Now Threes have been quiet at 901 4, and
the Reduced 901 Bank Stock, in which there
have been several bargains, are quoted 2151, 217,
215, and 2161. Exchequer Bills are par, and
India Bonds
and
Bonds 225. to 15s. discount.
Business in the Foreign Market continues dull,
and to-day the fluctuation has been unimportant.
Turkish 6 per Cents. have been 948 1, and they are
w 941 95 ; Spanish Deferred Bonds are 25/ ;
Russian 5 per Cents. 112 ; and Dutch 21 per
C
ents• ; Grenada New Active are 221 ; Buenos
Ayres 99}7 ; Brazilian 5 per Cents. 102 ; Peruvian
*2 per Cents. 811.
The following are the nominal prices of Foreign
_I
8 ocks :-Grenada Deferred Bonds, 6 61 ; _
224 ; Peruvian 41 per Cents. 80 82 ; ditto 3 per
Cents. - ; Portuguese 3 per Cents., 44i lQ
451 ; Russian 5 per Cents., 110 12 ; ditto 4i 1
per Cents., - ; Spanish 3 per Cents., 391 401 ;
ditto Deferred, 24k 25i ; ditto Certificates, 51 ; 2
ditto Passive, 51
IC
The last week's railway receipts, ascertained up
to this day, are in round figures as under :iC
-
1857. 1856.
Great Western £33,574 £31,657
North-Western
South Western
Brighton
Midland
south-Eastern
Caledonian
Great Northern
Lancashire and Yorkshire 27,662 25,905
Birkenhead 3,025 2,942
Ilanehester, Sheffield, and Lincoln 11,166 9,755 t,
North-Eastern
North London
2,681 2,572
Oxford, Worcester, and Wolver 5,745 4,128
South Devon
North Stafford
bEd,linburgb, Pertb, and Dundee
;tiEanburgh and Glasgow ...... 6,632 6,179 ,
,-, 'Vow and South-Western
'rand Truck of Canada
Great Western of Canada 7,470 8,384
There was a very limited business done in Rail-
Way shares this morning, and lower rates were in
most, instances cuirent-Chester and Holyhead,
L' astern Counties, Lancashire and Yorkshire, and
41anchester, Sheffield and Lincoln declined 53. ;
and Great Western, 1/. ; Midland improved ss. ;
and North Eastern, York, ss. In the French lines
the only transaction reported was in Northern of
France, which improved about 7s. 6d. The Cana-
dian lines were flat, Grand Trunk of Canada de-
clinedti 10s.; and Great Indian Peninsula, ss. ; Great
Western of Canada advanced about ss. ; and Pun-
janb were dealt in at 1 premium.
In Mining Shares a few few bargains took place.
Wheal Edwards realised 51. Cobre Copper was
rather
firmer at 421 -43, and United Mexican
brought 31
Joint Stock Bank and Miscellaneous Shares
Were very
ere very quiet. London and County, and Otto-
man,ra.Bank realised yesterday's quotations. Ang-
lan Agricultural receded about ss. Electric
:ITelegraph Crystal Palace, and South Australian
Land brought about former values.
BRITISH FUNDS Ttith DAY AT ONE O'CLOCK.
(From the Ojjictal LtstO
• Bum/lees tote.
814. Stock
3 pc, (~nt. Reduced Mannino!, VOS
3 per Cant Console AnnsitioP l2ok 90 1
New 3 per Cent. Annuities
r 5f.d22
.E geheq• er Bills, 901 t
,10()C,
par
1 p
S rat!.
2d 2 p

Exchequer Bonds, 1858,3 i per Cent._
Dltto, 9
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK
L'raziiittn 5 per Cent.

Ditte, •1843 99 r
Grenada Now Active, 21 per Cent.
Peruvian Bowls, 4 per Cent
Ditto Account Bl}
Elision.' Bonds, 1522, St., 5 per Cent ll2
Sp 1:101 Bo:nle, 3 per Cent.
Dittc Now Deferred, 3 per Cen'.
Ditto Account ....
'agocitbh ~,onds, 6 per cent
ADitto Account
Dividends on the above payable In •en.
1I I ar.ge, 21 per 12 Guilders 64h

TWO O'CLOCK,
Cot sels money ...... • ............
4A- LClk account

TIIE ROYAL
GBICUAGRICULTURAL SOCIETY.-It
may ap-
pear strange to many of our readers, but an extensive
acquaintance with the manufacturers of agricultural
implements has shown us that, however important the
awards of the prizes of the Royal Agricultural Society
may have been in past times, the business of the maker
is now but little affected by the decision of the society's
Judges; indeed, we know that the sale of agricultural
Machines, by particular makers, is frequently the very
reverse of what the judges' awards would lead us to an-
ticipate. We could scarcely splain this without giving
More or less offence to the leading men of the society,
but we have ample evidence that the fact is as we have
stated it. Porhaps these gentlemen will condescend to
consider whether there exists any just ground for the
apparent anomaly, and what that ground is.-ro If they
are sincere friends of the hoeiety
60.---Meacinici Magazine.
they will not fail to do