The Sun.
London, England, 1857-10-17 00:00:00

1% • ze• r mcen Tin
14. 4.) .2CI Y 1217 A ft
.0.411
.tx;

AND

COTADIEI?..OTAL INITZL/GENCE.

CITY, Two o'CLoes.
The Liverpool Cotton Market yesterday opened
with a quiet aspect, but during the day an increased
demand was apparent, at steady prices. The sales
were 4,000 bales, 1,000 of which were taken on
speculation. The Railway Share Market was very
dull, and prices of all descriptions were lower.
The public were generally prepared for a very
unfavourable Bank of England return for the week
ending the 10th inst., and the changes it exhibits,
although extremely unsatisfactory, have therefore
• produced no surprise. The decline in the bullion
and the reserve•of notes is not greater than might
have been fairly expected, considering the recent
disturbances in the money-market, and the extreme
measures which the Directors of the Bank have
been called upon to adopt. The other securities now
reach an exceedingly high point, and the general
features of the balance sheet shows that the
resources of the establishment have been severely
touched upon. A more quiet feeling however now
exists, and the influx of upwards of half-a-million
sterling appears to give increased confidence with
regard to the future. The next return, it is
thought, will show some improvement, and the
crisis, if such it may be termed, is now considered
to have been surmounted. The principal items,
and the alterations they show, are as subjoined :
' Active Circulation
Increase 42,835
Bullion 10,109,943
Decrease
Rest , 3,959,288
Increase
Public Deposits •
Increase
Other Deposits
Decrease
Seven-Day and other Bills 872,580
Decrease
Government Securities
Decrease 33,000
Oyler Securities
Increase
Notes unemployed 4,024,400
Decrease
The official return of the exports of precious
metals from the port of London for the week end•
Jug Thursday last is as follows :
Gold Bars ... Boulogne ... 62,260 Oze.
... Belgium ... 1,500 ~
Gold Coin ... Boulogne ... 1,600 „
Silver „ ... Boulogne ... 2,400 ~
It appears that the commercial community,
under their late feeling of anxiety lest the Bank of
England rate should ascend to 8 per cent., ob-
tained a very large amount of capital, and much
more than they required for immediate use. Now
that the apprehension is removed, the inquiry
for money has booome moderate, and the
applications both at the Bank of Eng-
land and in Lombard-street, represent a
comparatively small amount. This abatement of
the pressure has not yet caused any relaxation in
the terms, but a better feeling prevails out of doors.
If the specie imports are kept below the exporte,
affairs will soon undergo some improvement, pro-
vided the American advices report an amelioration
in the financial business of that country.
Tho English funds improved nearly one-half per
cent. this morning, showing that a decided re-
covery had commenced. Several large purchases
have been made both by the public and on specu-
lative account, but there is no doubt that a still
more active inquiry would exist if the anxiety felt
in relation to America were removed. It is thought
that the course of the market will depend in a
great measure upon the next advices, and
anxious inquiries are male both at Lloyds
and the Jerusalem as to whether the Ariel
has been announced. When the market
Was at its best point, a leading broker came in and
sold a very large amount of stock—according to
some from 150,0001. to 200,000/. This naturally
arrested the upward tendency, and a decline of
nearly Y per cent. took place. The quotations are,
therefore, about the same as they were at the close
of business yesterday afternoon. This change be-
ing so sudden and unlooked for has caused a little
commotion amongst the speculators and dealers
Who remained in town, but the greater nnmb,r of
them, as usual on Saturday, had left at an early hour.
Consols for transfer were at one time as high as
89k; and for account 8911. They suddenly declined
to 881 2 for money and to 882 -6 for th• 10th
prox., when the large sale of stock already alluded to
Was made. The Now Threes have ranged from
87/ to 88k, and th© Reduced from 871 to 882.
Bank stock is 213, and India stock 209. Exche-
quer Bills are 4s. discount, and the Bonds 98 to
98f.

The transactions in the Foreign Market have
been limited. Turkish 6 per Cents., after having
risen to 88i 1, have receded to 87188. The 4 per
Cents: are 98i, Mexican 191 t, and Spanish De-
ferred 25g.

The following are the nominal prices of Foreign
Stocks Grenada Deferred Bonds, 5 6 ; Mexi-
can, 19 19i ; Peruvian 4i per Cents., 75 77 ;
ditto 3 per Cents., —; Portuguese 3 per Cents.,
43 44 ; Russian 5 per Cents., 105 108 ; ditto 4i
per Cents., ; Spanish 3 per Cents., 401 402 ;
ditto New Deferred, 25f ; ditto Certificates, 52 6;
ditto Passive, 52 6.

The Railway Share Market to-day has been mo-
derately active, and in most instances an advance
of about to 1 per cent. may be quoted in values.
Eastern Counties, Great Northern, North Western
Midland, North British, improved 103. ; Cale-
donian, Lancashire and Yorkshire, Brighton and
South Eastern, it.

In the Foreign and Colonial lines prices ha.vo.also
improved. Paris and Lyons, East Indian, and
Grand Trunk of Canada being about 1/. higher.

Joint Stock Bank and Miscellaneous Shares are
dull, but maintain fully former rates.

BRITISF/ FUNDS.—CLOSING PRICES—THIS DAY.
(limn the Official List;)
Hank Stock
Business done.
3 per Cont. Reduced Annuities 874 3 83
.3 per ()out. Console Annuitieo BB5 94 9
New. 3 per Cent. Annuitios
India Stock,
20 0
India Ronde, .4‘looo ' ...
'litto, under £lOOO
OlLsols for Account, ..................
.Ezahequer Dllls, 20.
£IOOO
0500
8 4 a
4 d
•
Fxchequer Bonds, ItioB, 1A per Cont._ og,}
Ditto, 1859

PRICES OF FOREIGN FUNDS—THIS DAY.
Mexican 3 per Cent ___
Ditto Account
Bp oiikl &Lids, 3 per Cont.
Ditto New Deferred, 3 por cent,
Ditto Account
Ditti. Pussive
Turkith Bonds, 6 per cent Sot
Ditto Account
Ditto Guaranteed, 4 por Cont.
Ditto Account
....... 998-8 A
.................. •.. ••
Dividends on the above payable in London.
TWO O'CLOCE.
Consols, money ....... -
.............3
Consols account._ .... i
........... 88 ....... 884

Admiral Lyons and Mrs. Lyons have arrived at the
has arrived atueen's Hotel,
the same Upper
establishmentNorwood.
Th lion. Mrs. Tylne
Sir Alexander Cockburn, the Lord Chief Justice of
tie Common Pleas, has arrived in town from a tour in
Germany.
Mr. and the Hon. Mrs. Edgell and family have arrived
in Paris from Etrotab, and will not return to England
until next spring.
, Oct. 16,
TUE AUSTRALIAN MAILS.—
MARSEILLESEvening.—The Vanguard is arrived wthertbowntldroach Ati s-
tralian mails. It was expected thatthey would
alta yesterday.
11.1xxics.---A sudden fall of 2 per cent. in the
anda panic in the money market, are
generally favourable to speculation, yet on Monday,
not things
generally
the fall took
place, not only in Consel•,, but in
railway and foreign
stocks, there was a great demand
for raining bhares, and a very large busiress transacted
throughout the week, also, there has been an average
amount doing, and unless shares have been forced for
sale, prices have been well maintained. In some few
mines a rise of nearly 50 per cent. has taken place, owing
to reported improvements and discoverits. Seine of the
heavy, or large dividend shares, are flatter, and show
symptoms of declining if sellers appear, and which may
bs accounted for by the fact that small shares, chiefly
each as have been for some depressnl, and now show
signs of vitality, are the favourites of the moment ; and
arnong these the greatest attention in turned to Wheal
Hoy, Sydney, Lady Bertha, Grenvd,e, Tehidy, Kelly
Bray, and Gawton United. South Frances have im-
proved to 250 ; Basset shares are 190 to 200 ; North
Ilasset, 154 to 161 ; West Bassi t 25 to 26 ; Devon
Consols, 340 to 360 ; Lady Bertha improved to I,i, 11,
and in request.—Mininy Journal of this day.