The Sun.
London, England, 1857-07-22 00:00:00

MONEY MARKET

AND
COM i'JERCYJAL INTELLIGENCE ,

CITY, Two O'CLOCK.
Letters from Liverpool state that the Cotton
Market yesterday closed with a very animated ap-
pearance, and prices were quoted at a slight ad-
vance. The sales were estimated at 8,000 bales.
In the Railway Share Market there were only a few
transactions, and prices were without alteration.
The advices from Paris received this morning
contain the official returns relative to the Trade
and Navigation of France for the month of June.
These show that the revenue derived from the im-
port duties was 17,201,325 francs against
16,357,148 francs in the same month of 1856, and
17,816,982 francs in 1855. The imports of gold
and silver were 76,266,610 francs, while the ex-
ports were 62,238,940 franc;, so that the stock of
the precious metals had been augmented 4,027,700
francs. During the past six months the naviga-
tion has greatly increased. The entries were
12,461 shins of 2,051,280 tons against 11,552 ships
Of 1,803,339 tons in 1856. The clearances were
8,205 ships of 1,338,547 tons against 6,991 ships
and 1,114,266 tons in 1856.
At the meeting of the Cobra Copper Mining
Company a dividend of 1/. per share was declared.

A report has been issued this morning by the
Directors of the National Discount Company,
Which is viewed with much dissatisfaction.
The rates of exchange for bills drawn on the
Continent were rather steady yesterday afternoon.

There is still a moderate demand for discounts in
Lombard-street, but as accommodation can be ob-
tained on first class biils at a fraction under 51 per
cent., the applications at the Bank are understood
to be very limited. At the same time the resources
of that establishment are believed to be improving,
although .during the last two or three days there
have been fewer sales of gold to the authorities,
and hence an impresSiOn exists that the official rate
will soon be lowered to 5 per cent., provided no
adverse movement occurs to render such a measure
itqrudent. At the Stock-Exchange loans are still
obtained on compar itively• easy terms.
The directors of the Crystal Palace Company
have issued a report in which they intimate that at
the forthcoming meeting a resolution will be sub-
Mated to enable them to create Debenture Stock
to the amount of 250,0001., to carry a perpetual
preference interest of 6 per cent. The ' pro-
ceeds are to be applied to the following pur-
poses, viz. —lst, in paying off the balance of
64,2181. ls. due on the original purchase of land ;
2d, in discharging the sum of 68,7991. 7s. Bd. due
to capital account ; 3d, in paying off the existing
debentures in the hands of the public as they fall
due, viz., 114,7381. 10e.
At the half-yearly meeting of the London Life
Association held this day, the accounts were pre-
sented and showed the following results :—Receipts
185,0801. 19s. 5d., and the payments 171,2491. 17s.
1.0 d., leaving a balance of 13,8301. ls. 7d. The
claims were 68, amounting to 75,3001. The funded
Property and other assets were 328,7661. lie. 11d.
The income
of the Society was 112,2351. Some
discussion took place when the accounts were
passed.

A decline of to / per cent. has taken place in
the market &I. Public Securities to-day, in conse-
quence of speculative sales. The operators are evi-
dentlygetting nervous, as the ti eae approaches for the
announcement of the overland mail. The transactions
have not been numerous, but they are mostly of an
adverse character. Consols for transfer were 9111 i
and for account 91/ 92. They are 911 / and 91/
tespectivaly. The New Threes have been 911 92,
the Reduced 911 and the New 2i per Cents.
hi. India Stock is 2161. Exchequer Bills are
heavy, at 6s. discount, and the Bonds are 981:
Foreign Stocks have attracted very little -atten-
t2.,". Turkish 6 per cents. were 95 to 951 but
...ey have since receded to 941, 95. Spanish 3
Per cents. have been dealt in at 40i, Portuguese
Per cents. at 45i, and French 3 per cents. 67,
45) with the exchange at 25f. 25c.
itTho following are the nominal prices of Foreign
2216k8 r
"Grenada Deferred Bonds, 6 61 ; Mexican,
6 ;51:: I Peruvian, 80 82 ; ditto 3 per Cents., 54
per a
°rtuguese. 3 per Cents., 441 5i ; Russian 5
m,
109 11 ; ditto 41 per Cents., 96 8 ;
.31Zaish
Per Cents., 40 ; ditto Deferred, 25/.
. Th© Railway
Share Market has been rather ac-
tive and the:dealings in the principal lines have
been numerous, generally at a slight decline on
tisar'envina°llarskceutrhreanytingrates, the flatness of the Eng-
influenced values. Eastern
°°lltieg, Great Western, North Western, and
Midland,N receded ss. Great Northern, 10s., and
or% Eastern, Berwick, 10s. North Stafford and
"ath Devon advanced 55., and North Eastern,
York, • and South Wales, 10s. The Foreign and
Colonial lines are flat. Paris and Lyons declined
4.1 Northern of France and Eastern of France
"4. to 10s. Lombardo Venetian, ss. Grand Trunk
of Canada receded 10s., and East Indian improved
about 15s.
Mining Shares are very quiet.
' Joint Stock Bank and Miscellaneous Shares are
dull, and show very little variation in values.

BRITISH FUNDS THIS DAY AT ONE O'CLOCII.
(.From the Offinal List:)
3 per Cent. Reduced Annuities
Business done.
914 1
3 per Cont. Consols Anunities 914 $ A
New :3 per Cent. Annuities 92 112
.Row 23 per Con% Annuities 7st
„„.14,1,1. Annuities expire sth .ian. 1860... 2 746
16Ditto 30 Years, expire 10th Oct., 1859 2*
Ditto 30 Years, expire sth Jan., 1865 2 3-16
Ditto 30 Years, expire sth April, 1885 lB 146
India Stock
WI. ht,ti for Account ..
.Exchequor Bills, 24d
£l000
Ditto Bonds, 1858, 3i per Cent.
Ditto, 1859
balms OF FOREIGN FUNDS AT ONE O'CLOCK.
palms
Bonds 5 per Cont., Con. 1841 _
Ditto 1853 3 per Cent 452
Tarnish '
t_tieuds, 6 per Cent.
igabh Rondo 6 per cent 95
Ditto Accoun't 95 i 4i
Dividends on the above payable in Londcn:
ireuch Rentes, 44 per Cent. —
Ditto 3 per Cent 67f. 75c. ex 25f. 25c.
TWO O'C I.° Ch..
Consols, money
CO/18013 for Account

COURSE OF EXCHANGE.--YESTERDAY.
A•PlSiertutni..... ...... 11 18 Gibraltar .... .. •• •• •• • •
• hi"-
Leghorn .... • • ........ 29 95
.4—•,), three months .. 12
yotterdarn ......•..... 12 111 Genoa ... 23 8214
25 45 , Milan ...... • • ......
Brussels.. ~ • ........ 25 45 ; Venice.....• •••• •• ' -
. rlnlburgh .::......... 13 8% !Naples ................ 42}4
4...1t0na .. ••••.• •• •..... .. Palermo •••• •••••• •• •• 128
rari5..............• .... 25 30 ;Messina .. • . . 128%
IdDitto, three months .. 25 65 'Lisbon ..
Soarsew es .........• •... 25 67% C,iporto .......• • • ...••• 52%
urdeaux .. •••••• •• •. ;Rio Janeiro ..... .••• • ..
BFrankfort-on-Maine • ... 119% 'Buenos A.yre5.........„
vierlin ..•....-- —•• •• • • IbTew York 60 days' sight
entia.,... ~, ,„ .. •• • ... 10 32 t Philadelphia .......... _
Trie5te.........• • • .... 10 32 t ?RACES OP SELL lON, PER OE:
Petersburg .......... 36% 'Foreign Gold In Bars..f3 17 9
48% Portugal Gold Coin .. o 0
Madrid •.. •• e• •• •,, t• • •
Cadiz
................. 49% , Mexican Dollars .... 00 0
. 1 New Dollars - 00 0
111,rcelona .......... '
Silver in bars ...• • • 0 0 0
Seville.... ....

tAIINUM SURPASSED.—At the Shoreditch County
Court yesterday, a person professing to be a plaintiff
brought an action against Mr. Anderson, the " Wizard
of the North," for having damaged a new hat lent to
the conjuror to make a hot currant pudding in. The,
i-I°4linal plaintiff exhibited the damaged bat, which he
."r1 handed to Mr. Anderson, who covered it with a
:"k handkerchief, and restored it to the man in a per-
;_ot state. The trick havi thus been successful, and
'tie hat made new again, the plaintiff had nothing to
Piain of, and was of course nonsuited, and Mr.
Anrsderson ingeniously puffed.
a .tisrate Ifstcoma AND EXPENDITURE.—The gross total
orionnnt of the public income of the united kingdom for
4,,e,,Year ended the 30th of June last was 72,067,8211.;
;„"" the total concurrent expenditure 71,756,7101., leav-
i"g an excess of income over expenditure, or a balance in
‘143",,d of 311,111/. The Customs yielded the sum of
taxes"K46B/. ; Excise, 17,667,000/. ; stamps, 7,364.616/. ;
t. 7 (land and assessed), 3.097,020/. ; the income-
' it'; 16,168 722/..; the Post-office, 2,845,0001. • Crown
IAdP, 284,875/. ; and miscellaneous sources of income,
2814,136/. As regards the expenditure, the sum of
ir12°5.020/. was appropriated to the interest and ma-
-1?,-ment of the public debt, permanent and floating ;
.ei'.,98,705/. to the charges on the consolidated fund (in-
-4:l4'ing the Civil List, Annuities and pensions, salaries
to' Itilowances, pourts of justice, and diplomatic txpen-
)39.262,2851; to the supply services (including
6,;.104 656/. for the army, 12,370,000/. for the navy.
471,240/. fur miscellaneous civil services, and
ark:i7c;lAB7/. for the salaries, &c., of revenue departments) ;
Th, Z'',;(:10,000/, to the redemption of Exchequer Bonds.
att balance in the Fxchequer on the said 30th of June
atiaouuted altogether to 6,611,5631.