The Sun.
London, England, 1857-10-27 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
Accounts from Liverpool state that the Cotton
Market yesterday closed with a flat appearance, and
the values of all descriptions were -id. to id. per
]b. lower. The Railway Share Market closed
quietly, and prices were at a decline.
The Foreign and Colonial produce markets this
week have opened with a very dull appearance, and
most of • the principal staples are dealt in to only a
limited extent. Tea continues dull, but in the
common sorts a slight advance may be noticed.
Sugar continues inactive, but no quotable charge
has taken place in prices.
Yesterday morning, when some doubt was felt
whether the Bank might not at once resort to fresh
restrictions, the demand for money suddenly be-
came active, and the applications in Threadneedle •
street are represented to have been very numerous.
The inquiry was perhaps stimulated by the know-
ledge of the fact that the Directors were in consulta-
tion, but as it now appears probably upon the
subject of the Liverpool Borough Bank, whose
administration finding themselves embarrassed had
sought assistance at their hands. This, it may be
added, has been granted, and the establishment will

soon be in course of liquidation. When it was found
that the policy of the Bank remained unaltered, and
that in fact the advices from America, at first so
unfavourably construed, were of a character to in-
spire confidence, the pressure slackened and the
market is now comparatively quiet. The supply
is rather excessive, and there is little hesitation on
the part of bankers and brokers to negotiate good

commercial paper. Much discrimination is feces.

warily used, and especially with regard to American
paper; the advices received yesterday tending to
produce a fear for the stability of many houses on
this side. The first effects of this crash, however,

will soon be over, and although many firms
may be prostrated, and unable to recover
for years, the predictions freely uttered
Upon the subject of the probable failures
are, no doubt, much exaggerated. The Indian
news cannot fail to exert a most beneficial influence.
Those having business connections with the East,
will soon prepare for the resumption of business,
and if the next two or three mails from New
York should report signs of returning confidence,
business will soon sympathise, and begin to assume
its usual quiet and flourishing appearance; and, pro-
vided no new disturbing causes arise, a general
recovery will no doubt be witnessed before next
Spring.
The Funds opened at the improved rates current
yesterday afternoon. The advance did not make
further progress, and sellers soon appeared whose
operations have caused a reaction of per cent.
It is stated that the Bank has been selling stock—
that another bank in Liverpool is in difficulties—
that the news from Calcutta is bad, and that the
Money Market may yet be influenced by exports of
gold. Extensive sales have been made, and the
market is in an unsettled. Consols opened at 89
to 89k for money, and 89k for the account, but they
have since been 881 and 88i respectively. The
New Three per Cents. 881 a ; the Reduced, 88i ;
and the 24 per Cent. Annuities 74. Exche-
quer Bills are 14s. to 15s. discount, and the
Bonds, 974
Foreign Stocks have been very dull. Turkish
6 per Cents. have been 88 to 881, they are now
87i I. Buenos Ayres 6 per Cents., 82 ; Mexican
3 per Cents., 19k k ; Portuguese 3 per Cents.,
43 ; Russian 44 per Cents., 974 ; and Sardinian
5 per Cents., 89
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 5 6 ; Mexi-
can, 19 19k ; Peruvian 41 per ents.l 75 77.;
do. 3 per cents., ; Portuguese 3 per Cents.,
; Russian 5 per Cents., 105 107 ; do. Cr
per Cents., 95 97 Spanish 3 per Cents., 40i 41 ;
do. Deferred, 25/ ; do. Certificates, —; do.
Passive, —.
The Railway Share Market has been mode-
rately active, and a slight upward tendency in
prices is observable. Brightens, North Westerns,
Midlands, and South Easterns advanced 10s. ;
Lancashire and Yorkshire, ss. ; and Eastern
Counties and Great Westerns, 15s. South
Westerns declined about 10s. The Foreign
lines were flat, but the Colonial were at
improved quotations. East Indians improved
1/. to 1/. 10s. ; Grand Trunk of Canada, 10s. ; and
Great Western of Canada, 6s. to 10s.
Mining Shares are inactive, and at previous
quotations.
Joint Stock Bank Shares are steady. London
and County advanced about 5s ; Oriental Bank

receded ss: to 10s. ; and London Chartered of
Australia and Union of Australia were at former

rates.

The Miscellaneous Shares were quiet ; South
Australian Land improved about 15s.

BRITISH FUNDS.—CLOSING PRICES—THIS DAY.
(From the Offictal Ltst;)

Business done.
Bank Stock 206 8i 7
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities B9i 9 i si i
New 3 per Cent. Annuities BBl i g i i 8
New 21 per Cent. Annuities
Loin!. Annuities, expire sth Jan. 1861)..,
Ditto 30 Years, expire sth April, 1885 l7
India Stock. 208.i
(e(Ua Bonds, £IOOO
oot sols for Account,
lizihegner Bills, 21e. •
.E1000
tseo lO
8,na11..
Exchequer Bonds, 1858, 34 per Cent —
Ditto, 1859
PRICES OF FOREIGN FUNDS—THIS DAY.
Buenos Ayres Bonds, 6 per Cent. B2
Mexican 3 per Cent —
Ditto Account
Parnvian Bonds, 4i per Cent —
Ditto Account
Portuguese Bonds, 5 per Cent., Con. 1841 ---
Ditto 1853, 3 per Cent
Russian Bonds, D 22, £ St., 5 per Cent —
Ditto, 4b per Cent. 97
Sardinian Bonds, 5 per Cent.
13,pinish Bonds, ? per Cent.

Ditto New Deferred, 3 per Cent.
!{palish Committee Cert. of Coup. not fun. 5A
Turki►h Bonds, 6 per cent
Ditto Account BB n
Dividends on the above payable in London.
Dutch Exchange, 21 per Cent., 12 Guilders
Do, 4 per Cent. Certificates
THREE O'CLOCK.
Console, money
Consols for account, November 10 BBi

BOW:MGM OP SoUTEßVAßE.—Yeaterday the members
for the borough, Admiral Sir C. Napier and J. Locke,
Esq., Q. 0., fixed to meet their constituent+ en Friday,
to discus the present crisis in the national affairs.
ROYAL FRIE HOSPITAL, GRAY'S INN-ROAD.—The
number of patients relieved at the Ho'pital, during the
week ending 24th October, 1857, is 2,032, of which
598 were new cases,
TUN MONEY PANIC IN DELPABT.—Two large mer-
chants in Belfast—a shipowner and manufacturer -have
been obliged to call a meeting of their creditorg. The
liabilities of ono we understand to be between 40,0001.
and 50,0001.—Ulsterman.

WINTER Asafae.—There will be Winter Assizes for
general gaol delivery in the larger eounties, and where
the greatest number of prisoners are to be found. These
assizes will be held for criminal trials only, as they have
been for two or three years past. The plan of the com-
missioners for a general winter assizes must receive the
sanction of Parliament before it is permanently adopted.
THI FALL ov DELI.—it is somewhat remarkable
that Delhi fell into the possession of the British forces
ohs n the 20th
which 'ma gained by the allied troops over
the
tor R
whenussians, on their first landing in the enemy's terri-
y, they fought the battle of the Alma, which
took place on the 20th September, 1854,
WILLS AND BEQIIESTS.—The will of the Very Rev.
W. D. Conybeare, M.A., Dean of Llaniiaff,,. was sworn
under 4,0001, personality ; General Sir John Doveton
'
H.E.1.C., 35,000/. ;Sir William G. Milman, Bart
C. Collinewood Denny, R.N.,
4,0001.; Lieutenant A.
.
of the "Canons," Mitcham, 25,0001 ; Charles W.,
Tryon, Esq., of Barrington, 30,000/. ; John Edwards,
Esq., of Brampton Brian, 60,0001.
THE FLOODS AND THE EASTERN COUNTIES RAILWAY.
over the
—The vast quantity of water which poured
Hackney and Stratford marshes, in the course of Satur-
day, owing to the banks of the upper portion of the
river Lea giving way, continues to cover the land for
some distance. The water in some parts has garleaartglye
subsided, but in the lower portion of the m
body remains. That section of the North Woolwichmliauine
of the Eastern Counties which pass"
(Landon) road is still covered with water, therebyi
stopping the rusting of • s from B
under the
Fenchuroh-str
eeto Woolwich and the 8 b
Victoria°P m
Oa Saturday to
gate and
When the water first came down
it reached a depth of from five to six
it was somewhat reducedandwas again
, yesterday
materially diminished.
When the line, however, is
fe A.
it was
Sunday
cleared some further delay mug take place ere the trains can run, as the force of the torrent most have affected
the permanent way. A number of houses adjAcent to
the line were flooded, the lower floors being filled with
water, and the unfortunate inhabitants are considerable
Sufferers. The traffic on the Hackney Wick branch,
Which joins the Eastern Counties at Stratford, is also
suspended, the rush of water having carried away some
of the permanent road. A number of sheep which were
grazing in the marshes near were drowned.

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