The Sun.
London, England, 1857-05-11 00:00:00

MONEY MARKET

AND

COMMERCIAL IN

CITY, Two O'CLOCK.

The Liverpool Cotton Market on Saturday closed
11141 Y, and prices of all descriptions were un-
changed. The sales were estimated. at 8,000 to
8)000 bales, 1,000 of which were taken for export,
and 2,000 on speculation. The Railway Share
Market was quiet, and prices were rather firmer.
Letters from the manufacturing districts generally
describe business as being dull, and some of the
manufacturers are working " short time."
I.Bince the payments of the Ch inst., the relief
bich Was expected in the Money Market has not
been experiencel, an-1, if anything, the course
pursuedl by the Bank has increased the stringency.
ha demand for accommoda(ion at the present
moment, however, is scarcely so urgent as it
beep,has and, judging
from concurrent circumstances
and Probable contingencies, thF,re is likely to be
1.3°111e further abatement ; although an alteration
1° the rates may be deferred. One very favourable
feature is the diminished inquiry for silver
°
n Indian and Chinese account, which will
lst only tend to benefit the Money Market, but
e be the means of retaining in this country the
greater portion of the forthcoming gold supplies.
e Stock of bullion in the Bank is steadily in-
inea4ing, the whole of the gold by the Anglesea
Ste d of bein4 transmitted to the Continent, as
anticipated, has been sold to the authorities, and
large remittances from Australia, and a fair
amount of silver from Mexico are coming
gol,
Ward. Hence a confident feeling prevails regard-
bg the future movements of specie, which hitherto
ire retarded improvement and caused alarm ; and
a the pressure for discount could only be lightened,
the
amelioration would no doubt soon occur.
t" event of any such change for the better a
steady resistance must be given to new speculative
cut"th t•Prise, and, above all, to the efforts made by
Partisans of Russia connected with the great
railway scheme, which, although hitherto unsuc-
:BBl.4ll the public may be sure will not be permitted
° Pass into oblivion.
°l3- Saturday a further sum of about 35,0001. was
taken into the Bank of England.
_tiast week the imports of specie amounted to
about 320,000/. ; and the exports, so tar as could
41 ascertained, were 77,0001.
The steamer Arabia, from New York, brings
V.,032, 212 in specie, of which $580,833 are for
44iret land "48 for poo , sl.' o 0 London.

The market for English Securities opened buoy-
antly, and speculation for a rise continues. The
large specie remittance from America, and the
Tourable change in the weather, have strengthened
the upward tendency. Consols for transfer have been
94194, and 93'& 94. For the account they have been
k /1. The present quotations are 94 ;- and 94i1,-,
-5313ectively, being flat. The New Three per
are 92i ; ; the Reduced 92-i 2.; the March
'4xehequer Bills is. premium ; the June ditto 2s.
emnat to par, and the Bonds 98g. Bank
"Mock is 212 to 213.
6 Foreign stocks are also very dull. Turkish
t° 93a•
Cents. have been 94,, but have since receded
'ati• They are now as low as 93a and the
2513" Cents., 1001- A. Spanish 3 per Cents. are
1, and the Certificates, 6. Mexican stock is
""oady, at 231
t.lllO following are the nominal prices of Foreign
2,°elcs:—Grenada Deferred Bonds, 61 7 ; Alexia ID,
; Peruvian, 77 78; do. 3 per ; Cents., 54 55 ;
o,°„rt,tigliese 3 per Cents., 45 46 ; Russian
_5 Per
'8 104 106 ; Do. 41 per Cents. 95 97
0,-,4,nish 3 per Cents., 411 2 ; ditto Deferred, 25 ;
'`4° Certificates, 6h ; ditto Passive, 5} 6.
The Railway Share Market has been very quiet,
ati
1,1,1 an extremely limited business has been done.
el'es generally exhibited rather a downward ten-
tattle)" "when compared with Saturday's closing
S* Caledonian, Great-Northern, Great-
sL'rll, North-Western, and Oxford, Wor-
-I:l_"e.r, and Wolverhampton, have each
clined. about 55., and South Western 10s.
,e
dinburgh, Perth and Dundee, and Mid-
?lid were firmer, being about ss. higher, and
44anchester Sheffield, and Lincoln improved
. The French lines are inactive. Paris and
IYons and Northern of France are ss. to
rs• cheaper, and Great Western of Canada about
fGrand Trunk of Canada, Great Luxembourg,
ast Indian, and Geelong and Melbourne are at
F;
Leads
quotations.
I,la Minino• Shares there is no variation to re-
po-", ; no business of any importance having been
lansaeted.
t;j°int Stock Bank Shares are inactive. London
.tliartered of Australia, Ottoman Bank, and West-
1/3ank of London are a shade higher.
4. the Miscellaneous Undertakings only a few
NtulligB are reported. Peninsular and Oriental
/11 have improved about 11., and North of
tope Steam declined 11.

L1t,,,,
."-Sli FIINDS.—CLOSING PRICES—THIS DAY.
ink (Irom the Offictal, List:)
4 , t,Ock Business done.
212 13
„ .4, „,
__ ,
s s'ettt. Reduced Annuities
,7 ,
Neer li,p,
„Cent. Console Annuities 93i 4 ;14. g
tklia.V..tPer Cent. Annuitdos 92,- i il
ihtlik'grk, .............................
..
bitt ---Qa,, .£lOOO
...
Cl:4lw'; tinder 1000 4 d
t,"e.: for Account
XT. 944 i i 1
ri,l Nuilr IMIIS, 'z 2+d < 000 • "....
h I June.
March. i
par 2 d
1-
P %l u
%31," ... 4p
I'd I la
in •
bit,
1,,, ......... ••_ • -
b.tt -i-)°,14, 1808, 3i per Cent.
' 0. 1359
/4 PRICES OF FOREIGN FUNDS—THIS DAY.
—rPtzir
Ditto
5 per Cent. ..
itexi'qo Account ..
Ditto 'Pe . '
i. 4._ cut 224
,s,f3; 0 A.ccount .
bit'ati Pout's, 1,‘",2•2, t St., 5 per Cent —
ta,rdi,,t?. 4 per Cent. 96 i
bitgle.ll 3on4s, 5 per Cent.
SD „.t°, Account 914 1 }
•,•14/ .0,4c15, 3 per Cent.
1-'mli.tt,o ' •i
New Deferred, 3 per Cen'.
gi,-;",'0 Account.
Vi2:sh Committee Cert. of Coup. not fun 6i
T\-1411 iiontis 6 per cent
—l4O Account
Ditto Guaranteed, 4 per Cent.
-big° Account
Ti friends 3 ', tn atm-, 37abLe in 1.40:,...n.
e1g.,.ii111,, 23 per Cent., ex. 25 francs —
Ditto 4i per Cent.. cx. 25 francs
etch Exchange, 24 per Cent., 12 Guilders 6ni
Ditto 4 per Cent. Certificates
THREE O'CYLOCK.
Cosols, on
bitnto, Account ey
(June 4) :AA .f

IirTIE FRENCH TRANSATLATIO STEAM PACKETS.—The
it„„.
,on
of
'"4" yesterday publish, s tr.-iilaefonleloarr tio engage,ogpniiect
in
th to authorise the Minister of
b: °atria of the State, to subsidise three lines
and
.trAaffirrcel
II" 'heaps of steam packets, between F d
The law has been adopted by the Counc.isl
eodf St
ot a
et en
.:
"-Art. 1. The Minister of Finance is author'
eu.
ven.
fittger in the name of the State, to pay a yearly
Which can in no case exceed the sum of fourteen
ihea, 'r for the working of three lines of traffic. by
of steamers, between France and, first, New
Yolk second, the Antilles, Mexico, Aspinwall, and
lentle • third, the Brazils and Buenos Ayres..
veill4tt Decrees to be inserted in the Bulletin des Lots
newspapers,
Raze„dtermine the. postage for. letters,
13ti I"es, and publications imprints, of any kin.d, that
shell he conveyed by the French transatlantic m
The Court of Common Pleas on Saturday morning,
L9l? this trial of the case Fitzpatrick v. Dillon—the
peaTheatre—presented a somewhat unusual ap-
4n,'ahoe, it being crowded by nearly all the managers
to actors in London, who came, some in obedience to
Prein:lhPoinas, and 'others from a desire to hear the
11°,1-7'e,urog% in this case. The action was to recover
whch was. claimed to be due by Miss
Patrick for sagary which had accrued whilst she was
pleaded at the Lyceum Theatre, and the defendant
th-c%ged several pleas traversing various allegations iii
4 v`_'elaration, and he also paid 1/. 6s. 83. into court.
(rrlict was entered for the plaintiff for 1141. 3s. 4d.
tnot.I3,YRAQID AND HIGHWAY ROBBERY.—On Saturday
0ft,"431, information was received at the chief police-
"44' Great-Scotland-yard, from the county chief
.con-
t: o€Erce, Carlisle, of an assault that was committed
fanner men on Mr. George Nicholson, cattle dealer and
purchaseer ho' when riding from Carlisle to Longtown, to
aodb_cattle, was attacked, dragged from his horse,
taki eaten by
two powerful fellows, who succeeded in
in "14' possessinn of his money bag, containing 4651. 10s.
14°1-d, and 535/. in 5/. Bank of England notes, the num-
tliktef which are, unfortunately, not known. Inarlie-
oEac th
°fs zeo 14s oi e information was received, two detective
aedr-.weredespatched toinvestigate the case thoroughly.
ditkn to the reward offered by *the county, Mr.
bas offered a large sum for the apprehension