The Sun.
London, England, 1857-07-04 00:00:00

MONEY MARKET

AND
COMMERCPIL INTELLIGENCF.

CITY, Two o'CLocK

The Liverpool Cotton market yesterday closed
firmly, with a moderate demand. The sales were
6,000 bales, 1,500 of which were taken for export
and on speculation. The Railway Share Market was
quiet, and prices were a shade lower than on
Thursday.

There was a meeting yesterday of the creditors
of Messrs. Evans, Hoare, and Co., who failed a few
week's since. They were connected with the Aus-
tralian trade, and appeared to have made very in-
judious consignments to the colonies. Their
liabilities were stated at 82,3931., and the asset 4,
although set down at 36,0641., will not, it is
thought, yield anything like that amount. The
explanations afforded were deemed very unsatis,
factory, and it was resolved that the estate should
be administered in the Bankruptcy Court.
The Bank of England return, which is com-
pleted for the week ending the 27th ult., is not so
satisfactory as was generally expected, and the
movements which have taken place in the " reserve
of notes" and the " other securities" fully show
that the directors would not have been justified in
reducing the rata of discount on Thursday
last. The preparations for the fourth of the
month and the usual quarterly disbursements have
checked the improvement lately noticed, but a

considerable addition has been made to the bullion ;
and, as large sales of gold have taken place during
the last few days, it is estimated that the stock of
the precious metals now in possession of the autho-
rities cannot be far less than 12,000,0001. sterling.
There is rather a large decline in the private
deposits, but this is fully accounted for by the
large augmentation in the public deposits. The
principal items, and the changes they present, are
as subjoined :
Active Circulation
Increase .
Bullion
increase

.£19,142,
338,875
11,378,872
206,010
Rest
Increase
Public Deposits
Increase
Other Deposits
Decrease
Seven-Day and other Bills 677,021
Increase
Government Securities
Other Securities
Increase
Notes unemployed
Decrease
The official return of the exports of the precious
metals from the port of London for the week
ending Thursday last is as follows
:
Gold Bars ... Boulogne ... 6,000 Ozs.
Silver Coin ... Hamburg ... 2,800 „
Subjoined is the official account of the specie on
toard the Colombo, which will be despatched to-day
to India and China :
Bombay (silver) ...
Ceylon (silver)
Do. (gold)
Madras (gold)
Calcutta (silver)
Penang (silver)
Singapore (silver)
•
Hong Kng (silver)
Shanghai (silver)

£290,525
286
254
3,100
172,155
1,250
43,550
167,199
180,901

Total £859,220
The Champion rof ;the Seas has arrived from
Victoria, with 131,3241. in gold, viz., 32,831
Ounces. The greater part of this is expected to be
taken into the Bank, as the continental demand is
now very much contracted.
Money is in good demand owing to the amount
required for the liquidation of the bills arriving at
maturity to-day, the 4th of the month.
There is renewed flatness in the market for specu-
lative securities, although the transactions, as
usual on Saturday, are limited. The decline is k
per cent., and the cause of the movement is the
Bank return. Consols have been 92i /. For
the opening they are marked 921. The New 3 per
Cents. are 92i and the Reduced also 92 1.
Bank Stock is 214. Exchequer Bills continue at
4e. discount. to par. The Bonds are marked 981.
Foreign Securities are generally at firm quota.
tions. Turkish 6 per Cents. have been steady, at
968 Peruvian Boads have risen to 80 and 81,
and the 3 per Cents, to 55g. Russian 41 per
Cents. are 961 Dutch 21 per Cents. 631, and the
4 per Cents. 98. French Threes are 67 75, with
the exchange at 25 20. li

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 4- ; Mexican,
22i a ; Peruvian 41 per Cents., 80 81; ditto 3 per 11
Cents., 54 55 ; Portuguese 3 per Cents., 44f 45 ; 11
Russian 5 per Cents., 109 111 ; ditto 4/ per Cents., 1(
96 98 ; Spanish 3 per Cents., 401 ; ditto New
Deferred, 25 g ; ditto Certificates, 6 ; ditto
Passive, 51

Only a limited business has been tramacted in
Railway shares, but the dealings have been at i
slightly improved rates. Caledonian advanced ss.
Great Northern ss. Lancashire and Yorkshire II
S. South- Western ss. Midland 55., and
Oxford, Worcester and Wolverhampton, 10s.
In the Foreign and Colonial lines there were but 11
few transactions. Eastern of France improved ss.
Grand Trunk of Canada 108., and East Indian ss.
Great Western of Canada declined about 7s. 6d.
jj
Mines, Banks, and Miscellaneous shares ruled
extremely dull at about former valuo3. Oriental 1.1
Bank declined 55., and Royal Mail Steam improved I'
about la. to 1/. ns.

BRITISH FUNDS.—CLOSING PRICES —THIS DAY .
( From the Offinal List:}
Business done.
Bank Stock
3 Ptr k,ent. f4educcd Annuities
New 3 per Cent. Annuities 924 H t
Consols for -teenrnt,
Ditto for Opening 92i
India Stock
Ditto Account 221
Racnequer 2Ad.
110i,6 .
£5OO par 4 d
par
Small ..... ~ ...
Ditto Bonds, 1858,3 i per Cent.
PRICES OF FOREIGN FUNDS—THIS DAY.
Peruvian Bonds, 43 per Cent
Ditto Account
Cent
Ditto ▪ 81 soi 1
Ditto Account
Ditto 3 per Cent. , ..
....
55i
Portuguese Bonds, 5 per Cent., Co▪
n.• 1841
Ditto 1853, 3 per Cent,.,, mtto Account .....................
Rua ,an Bonds, V 45
22, £ St., 5 per Cent —
31/Itto, 44 per Cant 96A d
Sp..u.st, t,mmittee Cert. or Coup. not fun. 6
Turkish Bonds. 6 per cent
Ditto Account
Dividends 3,.ttio above payable in Lon•lon.
French Rentes, 4i per Cent.
Ditto 3 per Cent..,,.. ....67f. 75c. dex 25f. 20c.
Dutch Exchange, 24 per Cent., 12 Guilders 638 L Do. 4 per Cent. Certificates
98
Consols for Account TWO O'CLOCK.
................. 92a
..

THE GREAT NORTHERN RAILWAY
FRAUDS.

y yesterday Much surprise was created in the cit 2
„
by a remark reported to have been made by Lorderday 1
St.
Leonard's the previous night, in the discu„ion
on 3
the Great Northern Railway Bill, to the effect that
"the company were not to be bound by fraud and 2
forgeries of Redpath, and the only question was 2
one of policy with regard to operations on the
Stock Exchange." The simple facts of the
ease are that Redpath, as the authorised regis- -
trar of the company, issued fictitious certificates
of stock to innocent purchasers, and that the corn- g
pang were considered to be responsible not only in
a direct manner for the acts of their servant, but 1(
Indirectly for the culpable neglect by which those `i
ateLtB were rendered possible. So complete has been
conviction on this point that there has hitherto it
beenßoyal
no attempt to dispute it in any case. The 11
,°Yal Swedish Railway Company at once recog-
11tzed the stock purported to have been created by
their chairman, Sadleir ; and the Crystal Palace
ith,_ company adopted a similar course in the case of
It is true that in America the conduct i
a public company under circumstances of this
kung has been different, and that the New York II
the New Raven Railway have set the sufferers by 1;
I,‘T hinds of their chairman, Schuyler, at defiance.
"?ota Only, however, has the step been stigmatised
painful blot by all the respectable merchants in
that city, but the victims, confident in the equity
their claim, have appealed to the law, which is
,1
the„, same as that in England, for its enforcement.--
"Iles City Article.

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TIIEMURDER IN ESSEX.—The jury yelterday, ,re-1 i
tome d a verdict that Mary White was murdered by !
Person unknown. 11
1