The Sun.
London, England, 1857-09-12 00:00:00

NEY MARKET

AND

COMMERCIAL INTELLIGENCE.


CITY, Two o'CLocK,

Accounts from Liverpool state that the Cotton
Market yesterday cicoed firmly, and prices were
well maintainer:.` The sales 'were estimated at
12,000 bales, 5,000 of which were taken for ex-
Port and on speculation. The Railway Share
Market closed without animation, at previous
rates. ,

The Bank of England return, made up for the
week ending:the sth inst., is decidedly less satis-
factory than was anticipated, and the decline in the
bullion, although small, when an increase was ex-
Pected, has naturally caused some disappointment.
This movement is to be attributed to the remittances
Made to the agricultural districts, and to other dis-
bursements usual at this time of the year, but un-
less a large arrival from Australia soon takes place,
It is very likely that a further reduction will
ensue. Another unfavourable feature is the addi-
trim to the Stock and other Securities, which in
Consequence of the payments of the 4th of the
Month, it was thought would have diminished. It
1.8 evident that there has been considerable pressure
for money ; but at the same time there is an in-
crease on the reserve of notes. The private deposits
have declined, but this is partly explained by the
large increase in the amount standing to the credit
of the Government. The Rest has advanced to a
Point that will enable the Directors to pay to the
Proprietors of Bank Stock si, if not 6 per cent.
The principal items, and the changes they present,
are as subjoined :
Active Circulation
Decrease . AP • 77,335
Bullion .. 11,491,313
• Decrease
Rest
Increase
Public Deposits
increase
Other Deposits -
Decrease
Seven-Day and other Bills 771,332
Decrease
Government Securities
Decrease
,990
Other Securities
Increase
Notes unemployed
Increase
The official return of the exports of precious
Metals from the port of London for the week end-
ing Thursday last is as follows :

Gold Coin ... Boulogne
Belgium
~ Bars ... Belgium
9 ... Boulogne
Silver Coin ... Boaogne
-The demand for money continues active, and
'4ll rates are still charged for accommolation.
Rather more firmness has been visible iu the
market for English Securities to-day, notwith-
ataniing the Bank return, which is considered dis-
ecluraging. The speculators still wait patiently for
'Later advices from India, but there is an absence of
those unfavourable rumours which are usually eir-
Clllated prior to the arrival of the overland mail.
Consols have been 90.1 12- for money, and 90/ for
'Ceount. Exchequer Bills are still depressed at
about ls. to 4s. discount. The Small ditto are Gs.
to 7s. discount.

160 Om.

. 2,000 „
. 1,200 „
. 13,000 „
800 ~

About half-a-dozen bargains have been reported
In the Foreign market, and its tone has been ra-
ther flatter. Turkish 6 per Cents. were 95
but they have since risen to 95.1, L. Spanish Pas-
sive Bonds are 51 ; Peruvian 41 per Cents., 79
'l9i • and Buenos Ayres, 85.
Tl;t3 following are the nominal prices of Foreign
Stooks :—Grenada Deferred Bonds, 51 ;
21i ; Peruvian 4k per Cents., 79 80 ;
ditto 3 per Cents., 55 56 ; Portuguese 3 per
Cents., 45 46 ; Russian 5 per Cents., 109 111 ;
Ditto
4!, per Cents., 97 99 ; Spanish 3 per Cents.,
40k k ; Ditto New Deferred, 25g- ; Ditto Cer-
tificates, 5i 6 ; Ditto Passive, 51 61.
About an average amount of business has been
transacted in the Railway Share Market this morn-
lag. The variations in prices, however, have not
been important. Caledonian improved 10s. ; Great
Northern, 10s. ; Great Western, 15s. ; and North
Western, 10s. ; Edinburgh, Perth and Dundee de-
eliued 11. Manchester, Sheffield, and Lincoln,
". ; Midland, 55.: North Eastern (Leeds), 5s ;
and North Eastern (York), ss. The Foreign lines
Were at quite nominal quotations, and the Colonial
Were inactive. Great Western of Canada and Great
Indian Peninsula were at yesterday rates. Grand
TrunklofCauada Debentures were dealt in at 831 to
84.

Joint Stock Bank and Miscellaneous Shares
'Were dealt in to a very limited extent. City Bank,
London. and County Bank, and Union of Australia
receded about 10s. ; Electric Telegraph, 10s.
Peninsular and Oriental Steam, and Royal Mail
wero rather firmer.

BRITISH FUNDS.—CLOSING PRICES--THIS DIY
(From the Officsal List;)
Business done.
Consols
Per Cent. Console Annuities SO }
vousols for 4, cm-mil., .. .. .. 90i ii-
Ezlhoquer Bills, 24d.
.selk)
Small, ....... • • 1 6 d
PRICES OF FOREIGN FUNDS—THIS DAY.
Buenos A yres Bonds, 6 per Cent. —
Vtto Account B5
Peruvian Bonds, 4i per Cent __
I) tto Account
QD,nish Bonds, 3 per Cent.
Ditt, Passive 5l 4
Turkish Bonds, 6 per cent —
Ditto Account 9sh
Dividends on the above payable; in London.
11V0 O'CLOCK.
• Consols, money 90:1 R
Consols account 904 f