The Sun.
London, England, 1857-08-13 00:00:00

k
Vi A

AND
COMMERCIAL INTELLIGENCE,

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CITY, Two o'CLocK.
The Liverpool Cotton Market yesterday closed
firmly, and prices of all descriptions were extreme.
The sales amounted to 8,000 bales. The Railway
Share Market manifested a very dull appearance,
and prices of all the leading stocks have declined.
The discount market remains without any change
of importance, and, the steadiness of the demand of
Money considered, is of a permanent character.
All expectation of money descending below 51 per
Cent. during the present year is thus abandoned,
and some persons are discussing the probability
of a return to a higher minimum. It is
Premature to hazard an opinion on this point
however, when the course of events in India is so
Uncertain. These may exert a prejadical influence,
because in addition to the contingency of loans or
other financial operations, the drain of specie is
not likely to abate. Whenever a pause in the supplies
from Australia or America takes place, withdrawals
of gold frim the Bank, which are always a source
of uneasiness, mty be expected. The rates of ex-
change at CAlcutta and Bombay, Hong Kong and
Shanghai are all lower, but it is still thought that
the efflux of diver will be conducted on a scale that
Must divert gold to the continent ; for supplies
of that metal purchases are being made, but
not to so largo an extent as of late. When
the letter; by the present mail are delivered, the
position of the silver market and the probable
nature of the operations of the Indian brokers
during the next few weeks will Ile batter ascer-
tained.

Some surprise was Caused yesterday afternoon
When it became known that about 400,000/. in gold
had been taken from the Bank. This movement
Was unexpected, because only a few days previously
there was no demand for gold, and the chief por-
tion of the quantity brought by the Swiftsure had
been sold to the authorities ; besides this there
Were supplies on hand from America, which it was
thought could be rendered available for exportation
if required. No tidings of the Great Britain have
Yet been received, but its arrival cannot he much
leriger delayed, unless some accident has b-;fallen
her. The amount this and ether vessels, also due,
'will bring will, no doubt, prevent any serious de-
clension in the Bank's bullion, even although an
active renewal of siver purchases should corn-
Mence.

Mr. Sothe rn Estcourt's motion on the Euphrates
Railway is postponed until to-morrow *(Elliday)

evening.
The Lancashire and Yorkshire Railway Cotn-
Pally will pay at the rate of 5 per cent. per
annum, whereas the dividend in 1856 was only
4i per cent.

At the half-yearly meeting of the Northern and
Eastern Railway Company, held to-day, a dividend
°f 11. ss. was declared, on shares of 501. guaranteed
'Per cent. per annum; and 1/. 10s. on shares of
60/. guaranteed 6 pek cent. per annum, less pro-
Petty tax.
Meetings of the Peninsula, Iberian, and Castil-
SMining Companies were held' to-day, Sir E.
Pearson, Bart., in the chair, when it was agreed to
Wind them up separately, as likely to be unpro-
4tab'e. There was a balance in favour of each

company.
.Considerable disturbance was produced in the
RtJek Market late yesterday afternoon by the an-
nouncement of the arrival of the Overland Mail.
The particulars did not transpire, but numerous
adverse rumours were circulated which occasioned
a decline of about per cent. in the funds.
Te-clay, however, there has been a partial
reaction, because the advice 3 are considered
more favourable than many persons expected,
and certainly more so than the statements
current yesterday evening represented them to be.
Besides this, the assurance given by the Chancellor
Of the Exchequer yesterday evening that the East
India Company were not in immediate want of
Ilancial assistance, has likewise aided in strengthen-
ing public confidence in the future, since dui.-
14g the last two or three days fears have been
expressed that a loan of ten or twelve millions
sterling was contemplated. Some of those
also sold yesterday afternoon have been re-
Purobasing and this has caused an improvement to
the extent of about g per cent. Consols yesterday
afternoon were 891 for money and 891.90 for ac-
count, but they are now 90,1 for money and 90/ I
respectively. The New Threes are 90g I, and the
Reduced 90i li' Exchequer Bills 2s. to Os. dis-
count, and the Bonds 98 ; India Bonds 255.
discount.'

For Foreign Securities the market is very in-
active, and except in Turkish 6 per cents., which
have risen to per cent., viz., 94i 4, there has
been no movement of importance. No business
has been reclrded in the 4 per cent. guaranteed.
Sardinian 981, and Dutch 4 per cents

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds; 51 6k ; Mexican
3 per Cents, 221 ; Peruvian 43/4 per Cents. 80 82 ;
ditto 3 per Cents., 54 56 ; Portuguese 3 per Ct-nts,
14i 451 ; Russian 5 per Cants., 111 113 ; ditto
Der Cents., 97 99 ; Spanish 3 per Cents., 391 40i ;
do. Certificates, 5i 6 ; do. Passive, 5i 6.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
1857. 1856.
£33,606 £30.869
74,171 70.395

Great WeFtern
North-West-

,ern

,
Arrightan , 20,425
kidland
la )'ath-Eastern 23,415
Great Northern
Lancashire and Yorkshire 27,851
tiri,t ,1 and Exeter 6,935
Birkenhead 2,962
theater and Holyhead
-East Lancashire 7,403
lanchester, Sheffield, and Lincoln 11,702
....."North Staff,,rd
North London
Oxford, Worcester, and Wolver 4,511
Taff Vale 4,124
Edinburgh and Gla,gow
Edinburgh, Perth, and Dundee
Glasgow and South-Western
Great North of Scotland
Scottish North-Eastern 4.810
Grand Trunk of Canada
Great Western of Canada
Great Luxembourg

There was a moderate business transacted this
morning in the Railway Share Market, but the
dealings in most instances had reference to the set-
tlement. The fluctuati me have not been large,
With the exception of Great-Western, which have
-again declined about 1/, 10s. Edinburgh, Perth,
and Dundee receded 10s. ; and South-Western 10s.
Lancashire and Yorkshire, owing to a slight im-
provement in the dividend to be declared, have
advanced 11. ; Midland, North-Eastern, Ber-
wick, and North-Eastern, York, 10s. ; and North
S'afford, about ss. The other lines were steady.
The foreign and coloni'il lines are quiet. Northern
of France improved about 55., and Great Luxem-
bourg about ss. Grand Trunk of Canada improved
lOs., and Great Western of Canada, ss. East
Indian are at previous quotations.
Mining Shares are steady. North Wheal Basset
are 18;19 ; Alfred Consols, 16i ; and Great South
Tolgus, 16i.
Joint Stock Bank and Miscellaneous Shares are
very quiet, at previous values. Electric Telegraph
realised 1041041 • Chiental Bank, 351; and Bank
of Australasia, 88 89.

unISII FUNDS.—CLOSING PRICES—THIS DAY.
( From the Official List:)

-
Business dose.
3 per Cont. Reduced Annuities 9os k A $
3 per Cent. Consols Annuities 891 90 90k 891
ligi
New 3 per Cent.sAnnuities ,, 90a 1
/4,d,?; Annuities, expire sth Jan. ISO__
Ditto 30 Years, expire sth April, 1885... 18 1-16
/ I lie Bemis, '1:10U0
• ,••
0 4_ cols for Account ... .. .. 90k 90 a i a
Is hog= Bills, 2id,
4000
.f.,503
6 'nail .......... . ..... .
Rxehequer Bonds, 1858, 34 per Gent , 98a
Ditto, 1959 .......... .. •
PRICES OF FOREIGN FUNDS—THIS DAY.
Brazilian 5 per Cent.
Russian Bonds, 1A22, il St., 5 per Cent —
Ditto, 4k per Cent.
tri mieh Roads, 3 per Cent.
Dittt. Passive si
Tot-kith eonds, 6 par cent ... ....., 9l i
IP 'tto Account
Dividends on the above payable in London.
Dutch Exchange, 2h per Ce11i..., 12 Guilders
Do. 4 per Cent. Certificates
7HRER O'CLOCK.
Consols, money
Cousolti for account, September 9x 9og k