The Sun.
London, England, 1857-07-15 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocx.

Tho Uverpool Cotton Market yesterday cies( d
• with an animated feeling, and, compared with last
week's rates, all descriptions were firm. The sales
were estimated at 9,000 bales, 1,000 of which were
taken for export, and alike number on speculation.
A slight improvement t )ok place in the Railway
Shard Market, and prices advanced.
The public sales of indigo, at which 13,132
chests will be offered, commenced yesterday. As
will be seen by the following remarks contained in
the circular of Messrs. Jewsbury 45 Co., the news
from India has had an important influence upon
the market for this article. " The trade met at the
usual time, 10 o'clock, to commence the sales, but
in consequence of the letters from India being
only recorded that morning, an adjournment till
12 o'clock was proposed and carried in order to
give time for the letters, Arc., to be read and
to receive instructions. At 12 o'clock the
sale commenced, under considerable excitement,
there being a large attendance of both home and
foreign buyers ; importers were very firm, and
Bengal qualitties sold at an advance of 3d. to 6d.
per lb. ; Kurpali, 3d. to 4d. per lb. advance, and
Madras par to 2d. per lb. advance on last May
rates. Importers have withdrawn freely today,
Which they will probably continue to do under the
present aspect of Indian affairs. 999 chests have
passed to-day, 600 of which were withdrawn, 155
bought in, 241 sold. Tile following are the highest
and lowest prices: 241 Bern: al, 3s. 7d. to 7s. 6d. per lb
104 Madras, 2s. 3d. to 3s. 9d. per lb. ; 36 Kurpah,
2s. 3d. to 4s. sd. per lb. ; 18 Calcutta Fig, ls. 6d.
to ls. Bd. per lb. 600 withdrawn.

There is rather more activity in the Silver Mar-
ket, preparations for the shipments on the 20th
being now in progress. It is estimated that the
account to be then dispatched will be about half a
million sterling.

There was no material alteration in the ra+es of
three months bills drawn on the Continent yester-
day afternoon.

Considerable additions are being made to the
stock of bullion at the Bank of England, nearly
all the late Australian arrivals being sold to the
authorities yesterday, about 130,0001. was taken
there, and it is expected that the remainder of the
supply recently brought from Australia will be
similarly appropriated.

At the meeting of the Union Bank of London,
held to-day, a dividend of 5 per cent., and a bonus
of 7i per cent., was declared for the last six months,
which; with the dividend and bonus paid in Jan.
last, amount to 20 per cent., clear of income-tax,
for the year ; and they have added 21 per cent. on
the paid-up capital to the reserved fund. An un-
appropriated sum also remains of 20,3511. 19s. 9d.,
to be carried to profit and loss new account, for
rebate, and a further sum of 1,226/. 12s. 6d. to
undivided profit. It was resolved to hold a half-
yearly meeting in every year to present the accounts
of the preceding six months.

A meeting of the London and Westminster Bank
Was also held to-day, at which a dividend was de•
eared of six per cent. per annum, and also a bonus
of six per cent. upon the capital. A sum of 9781.
6s. 7d. was added to the surplus fund, which, with
interest, amounts to 154,7281. Gs. 7d.

A further decline has taken place in the market
for English Stocks, and the tendency is still very
unfavourable. There is a strong disposition to
speculate for a fallowing to the Indian disturbances;
and the satisfactory prospects of the harvest and of
the money market have no counteracting influence.
Consols have been 911 Z., and 91i for money ;
while for the account they have been 92k 2, and
912 4. The present quotations are 91i and 91f 2
respectively. TLe New Threes are 91l 92, and
the Reduced also. Bank Stock is 213 to 215.
India Bonds are naturally very depressed, being
20s. to Bs. discount. Exchequer Bonds are 98;34.
Foreign Stocks are dull, but generally steady.
Turkish are of course flatter, but, all things con-
sidered, they are tolerably van supported. The 6
per Cents. have been 94i 4, and they are now
944 95 ; ditto 4 per Cents. are 102 k 4. Mexican
3 per Cents., 22i ; and Dutch 23 per Cents., 64 2.
The following are the nominal prices of Foreign
Stocks :----Grenada Deferred Bonds, 6 61 ; Mexican,
22 2 ; Peruvian, 80 82 ; ditto 3 per Cents., 54
56; Portuguese 3 per Cents., 441 5i ; Russian 5
per Cents., 109 111 ; ditto 44 per Cents., 96 98 ;
Spanish 3 per Cents., 40 ; ditto Deferred, 25 I ;
ditto Certificates, 5 6 ; ditto Passive, 5i 6.
A very limited business has been done in the
Railway Share Market, aryl the few transactions
entered into have, in most instances, had reference
to the settlem,nt of the account. A downward
tendency in prices has taken place. Great Western
have declined about 5s ; Lancashire and Yorkshire,
55.; South-Western, 10s. ; Manchester, Sheffield,
and Lincoln, 10s. ; and South-Eastern about ss.
The French lines are very flat. Paris and Lyons,
Northern of France, and Eastern of France having
receded fully, to 1 per cent. Colonial lines have alio
exhibited a downward tendency. East Indian 55.,
and Grand Trunk of Canada 10s., lower.
Mining Shares are inactive and at quite nominal
values. Cobre Copper have receded about 11., viz.,
to 49.

Joint-Stock Bank and Miscellaneous Shares
show a slight reduction in price. London and
Westminster have declined 55., Ottoman Bank
about ss.

In the Miscellaneous Shares, no transactions of
importance have taken place. Royal Mail Steam
have declined to 58k, 591.

'BRIT' H FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List;)
Business done.
E nit Stock
SI r t.eni. Reduced Annuities
%Per Cent Consols Annuities 9l
New per Cent. Annuities 924 1
New 2i per Cent. Annuities
Lou' Amunties, expire sth Jan. 1860 21,,
ladi ,iondts, k I ill
D tto, under £lO6O 8 20 d
001,01., 6, A (tell:). nt
Dr‘to for Opening 914 2
Rah ,v,er 13114, 20.
kislo
E1m..... ........
Ditto Bonds, 1858, 3i per Cent.
Ditto, I8:19
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK
~can 3 per Cent 22f
T.iatihb 3,.nds, 6 per cent 9IA
Ditto Account 95
Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above payable Log n.
Dutch Exchange, 2 per 12 Guilders 64
TWO O'CLOCK.
01i
92

Consols, money ....
Consols for Acconnt

LLOYD'S SHIPPING.—(This Day.)

LONDON, July 15.—Wind this day at noon, W.S.W.;
light airs, and sultry weather.
CARDIFF, July 14.—Wind W.—Arrived—Glenavon,
from Quebec.
FALMOUTH, July 14.—Wind S.—Arrived—Maria Isa-
bel (Chilian war steamer), from London for Valparaiso.
COWES, July 14. Arrived—Belgen (8.), from New
York for Antwerp.
PORTRUSH, July 13.—Arrived—England's Queen, from
Quebec. Sailed— Harvey, for Miramichi.

(PER ELECTRIC TELEGRAPH.)
LIVERPOOL, Wednesday Morning.

Wind W.S.W.
Arrived—Dodo (s.s.), from Rotterdam ; Black Eagle,
Quebec ; British Trident, Calcutta ; Lady Flora Hastings,
Quebec; Seahorse, Calcutta ; Vigo (s.s.), Havre; Grand
Duchess, Lepraux ; Shannon, Newfoundland; Bucephalus,
Calcutta.
Sailed—Dame, for Riga ; Bcetia (s.s.), Alexandria ;
Empress, New Calabar; Eagle's Wing, Naples; Jane May,
Leghorn.

QUEENSTOWN, July 13.

Wind. S.W.
Arrivel.—Canton, from Apalachicola; James, Elobey
Island; Berths, Matanza4 ; Georgiana, Smyrna; Tritona,
Cardenas; Dominica, Quebec.

WATERFORD, July 12.

Wind S.S.W.
.Arrived.— Topsy, from Galatz.

DUBLIN, July 14.

Wind N.N.W.
Arrived.--Zariff. t, and Spirit of tho Times, from Barba
does; Conquering Hero, Alexandria ; Emily, Bordeaux,

(By SUBMARINE AND BRITISH TELEGRAM)
GRAVESEND, July 15.
Wind E., tide two hours' ebb, fine.
Arrived—Mary Spencer, from Calcutta; H. M. gunboats
Nog 26 and 27, Flushing ; Gustaf, Wolgast ; Granite,
; Mary Grace, Dantsic.
14th—Choice, for Rangoon.
Sailed, nth—Pails aryl London, for Paris; Hotspur,
Calcutta ; Ann and Isabella, Colon.
DEAL, Wednesday, 9 a.m.

Wind calm.
PasFietl—British Monarch, from Newca3tle, for Rio
Janeiro.
Anchored—H,M.S, Wildfire, from Sheerness,