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

LONEY MARKET

T D
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

Account's from Liverpool state that the Cotton
Market yesterday closed with a fIL t appearance,
and values were without alteration. The sales were
estimated at 2,000 bales.• The Railway Share
Market closed dull, and prices of all descriptions
were a shade lower.

It transpired yesterday afternoon that three addi-
tional failures had occurred among the commercial
interest, but the liabilities were not in any case
very important. The firms alluded to were Messrs.
Radland, in the Manchester trade, owing about
35,000/. ; Messrs. Lichtenstein, a foreign house,
whose engagements are estimated at 80,0001. ; and
a. small Greek house, the operations of which,
however, do not appear to have been extensive.
Others are expected to follow, but so long as
the evil is confined to small foreign houses the
general effect upon credit will not be very
disastrous. lip to the present time our large houses
have withstood the crisis far better than might have
been expected, and if they are enabled to go en for
another month, of which there is every probability, ,
their position will no doubt be relieved, and little
danger will then exist.
The demand for discount continues tolerably
active, but the supply is increasing, and bills are ,
More easily negotiated. The utmost circumspection,
however, is still practised in consequence of the
frequent failures. It is impossible to know who
are likely to be forced to suspend, and hence a good
deal of suspicion still exists, which tends to retard
the improvement in business. Trade is exceedingly
dull, and in Mincing-lane, as well as the manufac-
turing districts, there is general inactivity. The
Purchases of Colonial produce are limited to the
immediate wants of consumption, and the tend-
ency in quotations is downwards. The best
descriptions of sugar are firm, but the lower kinds
Are heavy.
There is a good demand for silver, and advanced
quotations are current owing to the remittances to
tatnburgh. The local authorities have entered
into arrangements to obtain a considerable supply,
the greater part of which will, it is presumed, be
Withdrawn from this market. Bars are quoted at
153. 2d. per oz. standard.
The transfer books for Consols are now closed,
lad will not reopen until the 15th proximo.
In the English stock market to-day there has
been increased firmness, and a rise of about per
cent, has taken place. The continued sales of
gold to the Bank have caused a satisfactory
reeling, for if such operations go on they will ac-
celerate a reduction in the terms of discount.
Consols lave been 91 to 915 and 911 a for account
Let'div• The present quotation is 91i I. Special
transfers have been made at 911 and 925. The
141evr` Three per Cents. are 91 to 91i, and the
Reduced 91 to 91k. Exchequer Bills are 2s. dis-
count,, to 2s. premium, and the Bonds 99k. Bank
*took is 2161 to 218.
A Mall amount of business has been done in the
Foreign Stock Market, but prices are generally
rnier. Turkish 6 per cents. are 914, 925 ; ditto
4 Per Cents., 992 ; and Spanish 3 per Cents., 41±.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 5 6 ; Mexi-
Ilan) 18i 1 8.1 ; Peruvian 41 per Cents., 75 77 ;
ditto 3 per Cents., 50 52 ; Portuguese 3 per
Cents., 43 44; Russian 5 per Cents., 104 106 ; do.
4i per Cents., 95 to 97 ; Spanish 3 per Cent., 402
411 ; ditto New Deferred, 25 251 ; ditto Certifi-
tate%
, the Railway Share Market this morning a
Light improvement has taken place in the rates of
blest of the principal lined, but the dealings have
bet been extensive. Caledon'au, Eastern CJunties,
letth-Western Midland and South-Eastern, each
itproved about ss. ; Brighton, south-Western,
and North-Eastern(Berwick), 10s. • and Gt. Western
In the Foreign and Colonial lines the dealings
..".ere confined to only one or two transactions.
"ola., Great Indian Peninsula, which realised about
former quotations 20i 20k.
„aMs Shares 'were neglected. North Wheal 1
43 sett realised 12, and Cobre Copper receded
to 38.
In Joint-Stock Bank and Miscellaneous shares
business transacted was unimportant. Prices,
nver, were steady. London and Westminster
AT, proved 10s. to 15s. ; and Union of London de- I
tied
10s. ; South Australian have improved ss.

1111/,
ITIBR FUNDS.-OLOSING PRICES-THIS DAY.

(.From the Of cwt LiSf:l
Businersde--!e.
tilk Stock
, ent. Reduced Annuities
Neer Per (:7cnt. Ccnsols Anneitter Shut 914 24
.),V"' 3 per Cont. Annuities 9oi i 11 1 i
-4 Annuities, expire sth Jan. 1860.„ ,
1, Ditto 30 Years, expire sth April, 1885. 171
liali% Rends, £lOOO
~,. r)itto, under £lOOO 33 35 d
,ot sots tor Account
9141#i ad
IlEz .tequf r Bills, 21d,
21000 .
ENO I d 2 p
8 itll
Prehequer Bonds, 1858, 311. per Cont 991
Ditto. 1'459
~,, PRICES OF FOREIGN FUNDS—THIS DAY.
nue
u. nos A yres Bonds, 6 per Cent. B5 7
rzican 3 per Cent
Illlith Boucle, 3 per Cent.
D:tto A.ccount
blttc New Deferred, 3 per Cen#
Ditto Account
cerkiLh Bonds, 6 per cent .
pktto Guaranteed, 4 per Cent.

Dividends on the above payable in London.
THREE O'CLOCK.
Consols account (January 8) 9li a d

ILATEST FROM LUCKNOW.

The following telegraphic message has been
received at the East India House :

CALCUTTA, OCT. 31, 1857.
Ltroccovr.—Commuuications still difficult, and
Zo certain intelligence from Lucknow of later date
ball the 21st of October received in this office.
On that date food was running short, and it
1r°111(1 seem that the gun-bullocks were being
lulngiitered.
But relief was approaching ; Colonel Great-
Led'il column, after reoccupying Mynpooree, put-
ling the Rajah to flight, and recovering much pro•
tirq, and two and a-half lace of treasure, reached
..Propore on the 26
this gFor some time past troops have been leaving
daily for the same destination, and the Cons-
nlander-in-Chief started on the 27th.
1 IG.kniEn SHOWERS' COLUMN.—fhe force, of
'2", from Delhi, under Brigadier Showers, oc-
cupied padre() on the 15th October, taking six
guns; and roo then, being joined by Cashmere
1)., took possession of Jhujjur, with twenty-
De guns and much ammunition.
4, The Nawab surrendered himself. On the 20th
'LIeY seized Katiood, cutting off 400 of the Na-
IvaVs troop, and taking five lace of treasure.
tsLni.—There is no doubt that the King's life
has been guaranteed. Ho will be sent to Al!aha-
bad, for conveyance to Calcutta. Particulars have
been called for.

Raven.-The arrival of the Madras troops at
the Kuttra Pass put everything at Rewah into the
Political Agent's hands. The Sirdars submitted,
and gave up the prisoner whom they had forcibly
released.

The Rajah expressed extreme regret, and quiet
was restored. _ _

The Political Agent intended to return from
the camp at the Kuttra Pass to Rewah on the
?19th. The troops were to march from the camp
towards Cawnpore.
STATES.—An agent of the Nana
Sahib has put himself at the head of the muti-
Ileers_of the Gwalior Contingent, and it is thought
probable that he may form a junction with the
'"inapere mutineers at Banda, or that he may
March direct to Calpie.
The Gwalior mutineers left Gwalior cm the
119th
and 16th, with siege train, field guns, and
111114 ammunition, and have been beard of 36
bailee from Gwalior.
*or Burton, the Political Agent at Harrow-
tee, has been foully murdered, with his two sans,
1j the Raj troop. The Rajah is said not to
ays been concerned in the ltd.
4dhPore mutineers have gone towards the
olmbhur Lake, and the Indore mutineers, who
Zere defeated at Agra on the 10th, have fled to
aiPootana.

G. F. EDMONSTONE,
Secretary to the Government of India.