The Sun.
London, England, 1857-08-22 00:00:00

MONEY DIARKET

A ND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

In the Liverpool Cotton Market, yesterday, the
sales were 12,000 bales, 2,000 for export and on
speculation. The Railway Share Market vas
quiet. _ _

The Bank of Enzland return for the week-ending
the 15th in 4., exhibits some satisfactory changes ;
and since that date there is reason to presume that
the improvement has continued. Besides an in-
crease in the reserve of notes, there is a consider-
able declension in the other securities. The steady
accumulation in this department has been viewed
With some anxiety for some weeks past, and now
a contrary movement has commenced, the position
of the Bank has materially improved. There is a
araall reduction of bullion, but this was fully ex-
pected, owing to the preparations that had to be
mode for the remittances by the steamer Colombo
°I? the 20th. The decline of upwards of three-
quarters of a million in the Treasury balance is
due to the payment of 1,125,0001. to the agents of
the Danish Government for the redemption.of the
Sound Dues. The principal items and the changes
'they present are as subjoined :
Active Circulation
Decrease 154,415
Bullion 11,259,906
Decrease
Rest
Increase
Public Deposits
Decrease
Other Deposits
Increase
. Seven-Day and other Bills 733,090
Decrease
Prevernment Securities
Other Securities
Decrease
Notes unemployed

Increase

131,530

The official return of the exports of bullion from
'he port of London for tilt, week- ending Thurs.
(111 Y last is as follows :

Gold Coin ... Hamburg ... 200 OZ3.
t' Call,iS 80 ,
...4‘, 9) ••• . ...
Bars ... Boulogne ... 15,000 „
[.Sliver Coin ... Hamburg ... 800 ~
-`- ' . It ... Calais 600

ft ~ ... Boulogne ... 4,000 I,
The advices from India have caused a decline
°I nearly per cent. in the market for Public
Securities, and there has naturally been a
"(1 deal of excitement in the neighbourhood of
I'4o House. Had it not been for this intelligence
the market would have, no doubt, improved, owing
to the easier state of the money market, the
encouraging Bank returns, and the arrival of g,ld
t
the Great Britain. Consols have been Nil
;:)! money and 90g- -a for account, but at one.o'clock
y Were 90‘,1 and 90i --a respectively. These are
the present values.
• The New Threes are 91-1,-, the Reduced 901 b, and
4i°sng Annuities 2 7-16ths. Exchequer bills are 4s.
•to par, and the Bonds 98i 4. Bank stock is
214) and India stock 212 k
In the Foreign Market there lias been rather
more firmoes, but the decline in the Funds has
naturally caused some depression. Turkish 6 per
e
ent• hvve been 931 to 943, and the present price
to
94. Mexican 3 per Cents. are 221, Russian 5
'er Cents. 114, Spanish 3 per Cents. 401, ditto
certificates, 6k, and Dutch 2z per Cent?.
The Railway Share Market has been inactive,
''"lt the few transactions reported have been in
boost instances at a decline of about per cent. on
!'iterclay's rates. Great Western, Lancashire and
Yorkshire, North Western, South-Western, Mid-
a") and South-Eastern declined ss. ; Great Nor-
thern,, 10s. ; and South Wales, 11. Caledonian im-
proved 53. ; and Chester and Holyhead, and
Brighton, lOs. Very little business was
4()Le in the Foreign and Colonial lines. Grand
Trunk of Canada declined about 10s. Great
western of Cmada, Great Indian Peninsula were
Steady. East Indian were at nominal quotations.
Eastern of France, Great Luxembourg, and Namur
414.1 Leige were at previous quotatiens.
b Milling shares are very quiet. St. John del
".'eY are dealt in at 121, and North Franca at
Joint Stock Bank and Miscellaneous Shares are
dull London. London Joint Stock declared
and Union of Au7,tralia, 103.

a :lITIBII FUNDS.—CLOSING PRICES —THIS DAY.
. - (prom the Offiezal List:)
Business done.
beak Stock ' .
211
1 Per (Joel. Reduced Annuities
New Cent. Consols Annuities 9O 4 4 A
w 3 per Cent. Annuities 9ll 1
C"IR Annuities, expire sth Jan. 1860..., 2 7-16
`a StOck
I.BOIS for A coon"
• :: ' 1
,EIAJO . 4 d par
P. 580 ••• 4d 1 p
EIFf,S 1.11..... •, .
r-axcliequer Bonds, 1858, 34 per Cent.... 984 i tj
PRICES OF (FOREIGN FUNDS—THIS DAY.
• "zicau 3 per Cent
ttribitto Account 224
!lan Bonds, 1522, £ St., 5 per Cent —
El Ditto Account ...•••••• ,1134]
°"11811 Bonds, 3 per Cent.
'a I?itto Account 404
T32nisii Committee Cart. of Coup. not fun 6 *
41:iltith Bonds, 6 per cent 944
4 -itto Account 94-4 n 44
Ditto Guaranteed, 4 per Cont. -
bittu Amnia
Dividends on the above payable in London.
•134teh Exchange, 24 per Cenl;., 12 Guilders 646 '..,4

_ _
TWO O'CLOCK.
Consols, money
Con BOIS account

THE INDIAN MUTINIES.

MThfollowing is an extract from a letter from an
y officer, dated Peshawur, June 26 :
ti:' We have formed here a beautiful 6 pounder
bile battery, with 160 Europeans attached, .the
I4+T
ves; 74 batter in India in which the drivers are not
ride and the reit sit on the guns and
t ; in three weeks we procured volunteers,
wautht them to ride, and trained 130 horses ; we
411t.20 more horses.
but I will not now weary you with more details,
nt enanige the subject. lam always picturing to
1ie3:86.11 het horror of people at home when they
th 7 of thl succession of atrocities perpetrated by
624coundra Sepoys, and of the narrow escape we
gye had of losiug Indi9. We disarmed the 10th
fLregular Cavalry- here, and then di,banded them
117 not charging the 55:h Native Infantry, who
ere in open mutiny, when ordered to do so. We
Managedh, to get thee dovts, as they are called, dis-
tTanted within 100 yards of the guns, sent a party
seize their horses at their pickets, then coal-
"(led them to lay down their arms, then sent
ear,chers to relieve them of their paraphernalia,
tads them take off their coats, then ordered them
to
take off their boots. Fancy a cavalry regiment
hardi at work taking off each others' boots, under
the e influence of artillery ! Each man was then
_ng_"'en 8 annas (12d.), the whole secured, marched
i to the river side, where they are to be embarked
in boats and sent down the ludus, where I expect
!ivery mother's son will have a chince of bell).
.rowned in the rapids. To-night we pick out
horses to complete the battery from the disbanded
cavalry. We had a night alarm a short time since;
YOU know we (the artillery) all sleep at Vie guns. I
awoke and heard 'boom," toornf hearing guns fired
(for so it seemed) at regular intervals from the fort,
We thought the city had risen, and a night alarm all
through the cantonments was the result ;' we were
'la at our rendezvous in no time. This was caused
by the explosion of little mines in the city in
honour of a wedding. Well, next morning the
Persona concerned and those who worked at the
)31, ines were tied up and received such a flogging as
~.‘hey will not easily forget. In these times of clan-
rand treachery we don't bother ourselves about
1.43 quirks of law, but hang, shoot, or flog as cir-
illlistances arise. We stand no nonsense here.
"0 General swears he will maintain discipl'ne.
, What a wonderful mercy the telegraphic coin-
rau2lication has leen kept up in the Punjab ; here
p.' use it was put to :—A letter was intercepted at
(„linvd. ee, which said, Three nitives of high rank
v;132,11g-names) sit in council to morrow to decide
et t° t 3 do against the English.' Telegraph 'said,
and a spy attend and report.' This was done,
11.: a few minutes after the outlines of the plot
• the"' before Lawsence. Telegraph again, Hang
hu all threp., In 15 minutes more they were
lig. Short work."

veA2LANTIC TELEGRAPH COMPANY.—There were buyers
'"l."erday of the 1 0001,shares of this company at 2001.
siamifico„ ,
It appears that the company are now con-
NA,L;n3g whether they shall renew the attempt in Oct.,
a:1 h is often a quiet month on the Atlantic, or wait till
re3Ctl!t!lY, and ra,an while accept one of two offers which
v,_
tnuerstood t 3 have been made for the purchace of
able, With a view to its being applied to a email-
mwation with India.