The Sun.
London, England, 1857-07-27 00:00:00

ZONE Y • MARKET

,ND
COMMERCIAL INTELLIGENCE,

CITY, Two O'CLOCK.

Letters from Liverpool slate that the Cotton
market on Saturday closed firmly, and prices of all
,eerilcilions were unchanged from Friday's cur-
*etlcY• The sales were 8,000 bales, 500 of which
;ere taken for export, and 500 on speculation.
The Railway .Sliare Market W6S comparatively
but the transactions were very moderate.
216 advices from Australia, as far as at present
71tained, are less satisfactory with regard to gold
811141 g ; the receipts by escort at Melbourne being
tclaller than in previous years. This is accounted
alley
the steadiness with which the quartz reefs
10,6 being worked at a beaVy cost and increa,e(l
,711 r. It is thought, however, that the yield
"'ll be ultimately augmented by this improved
4letilod of mining. The remittances to England
: 11tinued.on a large scale. It is reported that the
11' by the Simla will arrive in town this afternoon.
Nearly 80,0001. in gold was taken fi om the Bank
th 'aturday, probably for the purchase of silver on
e continent.
The amount of hills drawn by the Hon. East
h '3 Company, during the past fortnight, viz.,
°ra the 9th to the 25th of July, as been
Rates of Exchange— Amount.
Va Bengal, 2s Old per rupee £235 361 5 7
Cla Madras, 2s Old per rupee 17,562 11 1
un Bombay, 2s Oid per rupee 2,818 15 0

Total £255,742 11 8
There continues to be an active inquiry for dis-
t
'ant accommodation, but this is usual towards the
et
°f the month, and notwithstanding this in-
crieased pressure and the withdrawals of gold that
,r,"O occurred during the last day or two, the
'l''sPects of the Money Market are considered
l'tisfactory. On Saturday as much as 80,0001. in
fold Was taken from the Bank, and unless some
it amounts are shortly received from Australia
t
is
Very probable the stock of bullion in
Threadneedle-street will be slightly dim.nished,
as specie shipments must be made to the
Cothntinent to attain supplies of silver for
t monthly mails to India and China. For- 10
stniately, however, it is known that an extensive
411,,111)IY of the precious metals is en route from the St.
Wards
; and during the next few weeks, up- St.
of a million sterling will no doubt be A
advanced, The Bullion has been gradually 100
nicreasing for some time past, and an oc- 25
,g
e:Bjetlally check to the accumulation must 20
t anticipated in the ordinary course of affairs
14t considering the supply and demand for
Specie now existing, there is reason to believe
the aggregate in the Bank vaults will yet
/mat
celld to a higher point. It is impossible yet
ki
tell What effect the Indian difficulties will base
tP°l' our exports, and this augments the anxiety
felt Sow hourly
the receipt of the Overland mail which is
ilw
hourly expected.
Last
week the imports of the precious metals
Were about 217,0001. and the exports 56,0001.
The
accounts from New York by the Niagara,
whidem- brings 61,2001. in specie, state that the
t2not for money continued active, and the last
auks' returns showed a material increase in the
loans and discounts.
This day there was a special meeting of the
th "11 British Australasian Company, for altering
the present deed of contract of copartnery under
~
4-snaited Liability Act, which was agreed to.
• There was also a meeting of the Australian Min-
z Company, at which a favourable report was
" and adopted.
The Funds have been very heavy to-day, the
vieakness previously noticed having been increased
b Ythe failure of a Greek firm, who have been large
t Pseulators. The transactions have not been very
z 'lrnernus, but being sales they have depressed
~I)tiees to the extent of per cent., and the
Market is still flat, especially as there is still
n " er,..
tell degree of anxiety with regard to in
'gene's from India. Consols for transfer have
been 91-i I, and 9111. For the account, they have
been 911 3 and 91 They are now 91 g-& and
911 res •
92 respectively. The New Three per Cents. are
the Reduced 911 1. Bank Stock is
215 to a27:16.
Exchequer Bills are better, viz.,
6 • to 2s. discount ; the Bonds have been 981,
aAnd India Bonds 255. discount.
Foreign Stocks are very dull, and generally flatter.
etl,,„l.l`,isil 6 per Cents. are 94 to 94i, and the 4 per
11-`"a• 102 k. Russian 5 per Cents. are firm at 111,
Z,tllgnese 454, and Dutch 4 per Cents. 98/
t The following are the nominal prices of Foreign
t42°e,l4B:—Grenada Deferred Bonds, 6 ; Mexican,
G. 4; Peruvian, 80 2 ; ditto 3 per Cents., 54
per
Portuguese 3 per Cents., 441 5i ; Russian 5
'ciif Cents., 110 12 ; Spanish 3 per Cents., 40 ;
ditto
New Deferred, 25 ; ditto Certificates, 51- 1 ;
itte Passive, 51 6.
4 moderate business has been done in Rail-
-I,faY Shares this rooming, and, with one or two
t leePtion s, prices have rather improved. Great
Western,,a.,. Lancashire and Yorkshire, and North
Berwick, have improved ss. ; North
York, Oxford, Worcester, and Wolver-
:Pt°n, 10s. ; South-Western about 10s. ; and
Brighton 11. Manchester, Sheffield, and Lincoln,
Great Northern, and Edinburgh, Perth, and Dun- 1,
pee
p Were rather flatter, and declined 55.. The
:etch lines have been depressed. Southern 11-
FPrance have declined 1./., Eastern of
canoe 155., and East Indian 10s. The Canadian
Are quiet. Grand Trunk realise 55, and Scinde, 51.
Mining shares are very quie. Wheal Edward's
are dealt in at 5•?-1-
j-°itit Stock Bank and Miscellaneous shares are
Steady kt about previous values. Colonial Bank are
"c'i, London and Westminster, 47, and Union of
•Aaistralia, 55. •
Miscellaneous shares are inactive, and show no
'aiations of importance, South Australian land
realise 331.

tRITIsa FUNDS THIS DAY AT ONE O'CLOCE.
(From the Official List:)
Business dere.
tl'k 3 . oe . 215 16
'e r Sent Reduced Annuities
Neer (lent, Consols Annuities 9I- i $
11, 3 per Cent. Annuities 9li 2 14
dh Tionds, .f.:100u
,Rolm for Account ...... .. 91$f,A
Exchequer Bills, lid.
B.lutio ... 6 2 d
Estli,
small
Exchequer Bonds, 1853, Si per Cent 9B
1);tto, 1359
?-arCES. OF FOREIGN FUNDS AT ONE O'CLOCK
Portuguese Bonds, 5 per Cent., Con. 1841 ---
Ditto 1853, 3 per Cent
Ditto Account
Russian Bonds, 1522, £ St., 5 per Cent lll
Tarkibh Bonds, 6 par cent
Ditto Account
94
Ditto Guaranteed, 4 per Cent.
k Ditto Account . .
—lTcn.
Dividends on the above payab.i; .:, , 1,
Dutch Exf!i,ange, 2.12. per Cent., 12 Guilders _
Do. 4 per Cent. Certificates
TWO O'CLOCK.
. 91R A
-9111

Consoip, money
Consols for Account

The Eton College annual festival tcok place on Satnr-
-443' last, and was attended by a large assemblage of no-
bility and gentry from all parts of the kingdom.
CITY OF LONDON ELECTION.—The Sheriffs of the
City of London have appointed to morrow (Tuesday, the
28th inst.), for the new election rendered necessary by -
the resignation of Baron Rothschild.
The Portuguese Government have invited tenders for
the construction of an artificial port at the Island of I
St- Michael, in the Azores. Any individuals or com-
panies, native or foreign, may join in the competiton.
THE GREAT EASTERN STEADI•SHIP.—.Messrs. Knap-
tott d Son, of this city, ironfounders and gasfitters, 1
Have received instructions to fit up this monarch of the 1
ocean with gasworks and all neces-ar gasfittings, on a
most elaborate scale.—Yorkshire Gazette.
The yachts Arrow, Mosclueuiteons
~Vecstuapl: Watiltdhfiere,
Royaland
Cyclone raced for the
Southern Y acht Club Regatta, on Saturday. It was a
time race. The Arrow came in first, but the Mosquito
Was declared the winner. This decision, however, will
be disputed.
BERANGER.—The Patrie says :—" The posthumous
Works of B6ranger will be published about the end of the
month of October, by M. Perrotin, his editor. They are
composed of his biography, written by himself, and 95
13tagg, which are unknown except to his friend M.
-r
""'"thrun, member of the Fren ch Academy.
The two large statues 42 rouglit to Englar d by the
C* prg", steam vessel, were unstopped on Saturday at
so,,
iquoiwich and conveyed on trucks to the British
oseum. The remainder of the cases of antiquities
'4lll be 'brought to London by means of barges on Wed-
iteeday.