The Sun.
London, England, 1857-10-06 00:00:00

IA 0 IT F.; Y

P m-. 17
,oa

AND
001VEVIP.,2.,CIAL INTELLIGENCII

CITY, Two o'CLoCK.
Let!ers from Liverpool state that the Cotton
Market yesterday closed firmly, with an animated
appearance, and, compared with Friday, prices of
American and Surat were id. per lb. dearer. The
sales were 17,000 bales, of which 1,500 were taken
for export, and 3,000 on speculation. In the Rail-
way Share Market there was no alteration to
report.
Business in the market for foreign and colonial
produce is rather inactive, and the intervention of
the Fast-day will probably render them quiet
throughout the week. Superior grocery kinds of
sugar are in demand, and other sorts remain at
about previous prices.. Coffee is dull, tea steady,
and in rum very few transactions are recorded.
Notwithstanding the letters from Paris report
some-symptoms of improvement in the discount

market there, and the Bank have increased their

loan operations, the progress of monetary affairs on
the continent generally is not altogether satisfac-
tory. Within a few weeks the Banks of Amster-
dam, Frankfort, and some of the other principal
cities have raised their terms of discount, and the
Bank of Berlin have just elevated their minimum
to 64 per cent., owing to the pressure for accom-
modation. These frequent changes denote a very
unfavorable state of affairs; but it is encouraging to
find that the tendency in Paris is temporarily in
the contrary direction. Whenever money becomes
dearer on the Continent it always exercises a sym-
pathetic influence here, but the movements in Paris
are necessarily more important than those in any
other market. It is stated that the Bank of France
is still obtaining supplies of gold, and the with-
drawals from the Bank here are partly ascribed
thereto, but there are two or three circumstances
which may account for this large and sudden efflux.
Owing to the perturbed condition of things in
America, remittances of gold are likely to
be made thither, in payment of calls
upon the railway securities of that country.
For instance, an important sum was paid on the
Illinois Central, and the position of the New York
exchange necessitates the transmission of gold.
nowever, there is now a demand for gold on the
Indian account, which, in addition to tne Conti-
nental requirements for silver and the Paris Bank,
will probably lead to a rapid absorption. Austra-
lian supplies are consequently awaited with some
anxiety, and about half a million is overdue, but
this season of the year is not favourable for quick
Passages, and further withdrawals from Thread-
needle-street are consequently anticipated. Yes-
terday about 65,000/. was taken away, and the
Bank return for the current week is expected
to exhibit some unsatisfactory results. Besides a
reduction in the bullion it is feared that the reserve
of Notes will be severely trenched upon ; for in
addition to the commercial demand which is still
very active, the authorities have granted a loan of
a million sterling to the Hon. East India Company,
on India Bonds and other securities. Taking all
these circumstances into consideration, it would
not olcasion surprise if an early advance of per
cent. in the minimum took place, and some are of
opinion that the alteration cannot be defered beyond
Thursday next.
The Stock Market continues very heavy. Several
transactions have taken place for money, but as
they have consisted of small amounts, they have
given very little support to values. Speculation is
still confined within a very narrow compass, owing
to the approach of the settlement, and although
many of the operators are predicting lower prices,
they operate to a very small extent. Consols for
money are 90 to 901, and 901 2 for the November
account, and the variation has not exceeded per
cent, The New 3i per Cents. were 101, and Ex-
chequer Bills are Bs. to 4i. discount. India Stock
is 210.

In the Foreign Market there has not been muck
animation, and the quotations have appeared heavy.
Turkish 6 per Cents. have receded to 941 95, and
the 4 per Cents, are nominally steady. Spanish 3
per Cents. remained at 40i, and the Deferred 251.
Peruvian 3 per-Cents. were dealt in at 54f, French
3 per Cents 68.25 (exchange 25.25), and Dutch 2i
per Cents 65j. •

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 5i 6 ; Mexi-
can, 21 ; Peruvian 4i per Cents., 78& 9i ;
ditto 3 per Cents., 53i 4i ; Portuguese 3 per
Cents., 44i 5 ; Russian 5 per Cents., 109 11 ;
ditto 4. per Cents., 974 84 ; Spanish 3 per Cents.,
258 ; ditto CertiticAtes, 5i 6 ; ditto Passive, 54 6.

A moderate business has been done in the Rail-
way Share Market, but at a decline in most cases
of about to 1 per cent. on yesterday's rates. Ches-
ter and Holyhead, South-Western, and South-
Eastern receded ss. ; Caledonian, Eastern Counties,
Great Western, and Midland, 10s. ; Edinburgh,
Perth, and Dundee, and North-Eastern (York),
158. ; -Great Northern, Lancashire and Yorkshire,
North-Western, and North Eastern (Berwick), 11.;
and North British, 11. 10e. The Foreign lines
were rather firmer. Northern of France im-
proved 55., Paris and Lyqns N., and Lom-
bardo-Venetian ss. The Colonial undertakings
are exceedingly depressed. Grand Trunk of
Canada have receded U. 10s, and Great Western
of Canada ss. to 10s. East Indian and Great
Indian Peninsula are steady.
Mining Shares are quiet, and exhibit no mate-
rial variation. St. John Del Rey advanced lOs.

Joiut-Stock Banks and Miscellaneous Shares
were dealt in to a very limited extent. Union of
London realised former quotations, as also London
General Omnibus Company and Canada Land.
Peninsular and Oriental Steam shares improved
about 1/.

BRITISH FUNDS THIS DAY AT ONE O'CLOCE

(IrOrn the Olticta/

liusinees dere.
3 Per Cont. Oongole Annuities
Nev 31 per dent. Annuities
In,lia 6tock,
Bank Stock for Account 210
27
Co) bots'ior
..... ........... ... .. . 90
Zz.thegter Dins, 2id.
E. 1.000 ........... ........
8 aall..

.................. 2 7 d

_ .
PRICES OF FOREIGN FUNDS AT ONE— O'CLOCK.
Brazilian 5 per Cent.
Do., 1829 and 1839, 5 per Cent 99i
Peruvian Bonds, 4i per Cent
Ditto 3 per Cent
Ditto Account s4+
Sp.inuh Bonds, 3 per Cent. ...
Dittc New Deferred, 3 per Cent.B
.Ito -
Account
Turkish iiofids, ii par cent 95
aiDitto Account 95
Dividends on the above payable in London:
French Routes, 4. per Cent.
Ditto 3 per Cent. ........................ CBf. 25c. ex 25f. 25c,
Dutch Eru,,aug., 2:1 per Con'.;., 12 Guilders 651

C TWO O'CLOCK.
onsols, money ........ . .................. 00
Consols account... ..
............................ l)itte (November account)
........... 90i

By its new commercial treaty with France, Russia
has inflicted a heavy blow on its protege, Greece. For-
merly the Greek wines introduced into Russia paid
about 50 per cent. leas than the French, but, as the
duty is now almost the same on both, few persons will
.ntintie to drink the produce of the vines of the islands
of Scopelos, Skiathos, Mykene, Santorin,
The Greek skippers are also of opinion that they
trade,
soon lose a great part of the Southern Russia corn
as the sh;ps of France now enjoy the same privileges as
tho,e of Greece in all the Russian ports.
CLIPPER SHIP RED JACKET.—A. paragraph is going
the round of the papers of the day to the effect that thi-
vessel has been taken up for the conveyance of horses
from the Cape. We are instructed to contradict the
statement ii it is meant to apply to the celebrated clipper
of that name, so favourably known in the Australian
trade in connection with the "White Star Line" of
Liverpool and Australian packets. The vessel is now
on her passage home from Melbourne, and her owners
intend to despatch her as the packet of the 20th
November.
SERIOUS ACClDENTS.—Yesterday morning Charles
Brown, aged 16, n.siding in Lant,street, B,irough, was
in Ihe act cf.cleanity7 a horse, when the animal struck
oat his hind leg, and buriPd the frog of the iron shoe in
h's skull. He was picked no in a stlte of insensibility,
a-id conveyed to Guy's Hospital. Al second case is that
of Wlll. Grbel), agel six years, who resiJed at Honely•
h down. Ile was in the act, of getting on the fender, when
3 slipped, and pulled down an iron saucepan, and the
boiling liquid went entirely over him. On his clothes
being taken off the flesh literally adhered to them.