The Sun.
London, England, 1857-06-08 00:00:00

MONEY MARKET

SAND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocx.

The Liverpool Cotton Market on Saturday closed
with some animation, at fully Friday's prices. The
sales were estimated at 10,000 bales, about one-half
of which were taken for export, and on specula-
tion. The Railway Share Market was quiet, at a
slight improvement in prices.
The South Carolina, from Australia, announced
this morning, brings 20,493 ounces, and the Kent,
which has arrived in 74 days from the same place,
is in the Downs with 62,221 ounces, making a total
supply of 330,8561. The Frances Henty, which
has already been out 80 days, has 24,700 ounces
on board, the Roxburgh Castle, 63 days, with
30,200 ozs., and the Champion of the Seas, 65 days,
with 32,800 ounces. These may therefore be ex-
pected during the next two or three weeks. The
Tudor, and one or two other ships, are &so en
route, but will not be due until a later period.
A slight diminution is now visible in the de-
mands upon the supply of capital in the Discount
Market, but up to the present moment it is not
sufficient to afford encouragement to those who
confidently expect' an early decline in the official
rate. For the moment indications rather favour
the presumption that some relief may ensue ; but
even the most experienced are baffled in their cal-
culations by the peculiar position of affairs, and the
numerous influences which now govern them. One
satisfactory symptom is the entire absence of specu-
lation of any kind and in every department ; and
while this caution is observed there is a prospect of
Come beneficial change—especially, also, as trade,
both in London and the manufacturing districts of the
North of England, is contracted. Assistance will also
be-given by the influx of gold, the principal drawback
being the drain to India and China ; hot this will
only absorb a portion of the amount we rneive
from Mexico, America, Australia, &c., and if no
taw drain takes place, we may expect a steady
accumulation in the Bank's stock of bullion. The
last return issued by the directors exhibited in-
creased strength on the part of the establishment,
and as a small quantity of the late specie arrivals
has been sold to the administration, and further
sums may go in, a steady improvement, which may
ultimately enable them to modify the existing dis-
count regulations, is very probable.
Last week the imports of the precious metals
:mounted to about 1,700,0001., and the exports, as
far as at present ascertained, nearly 1,000,0001.

The steamer Asia has arrived from the United
States with 1,427,220 dollars on boaad, valued at
285,444/.

The annual meeting of the Bank of Australasia
bas just been held. Mr. Henderson took the chair
•nd congratulated the proprietors on the success
of the past year's operations. The report
which was read, stated that the profits of the
Year 1856 amounted to 181,1101. Os. 6d. The
balance to the credit of profit and loss in October
Was 201,7771. 17s. 5d., out of which there has been
Paid the April dividend and bonus for the current
Year of 90,0001. It was stated that the colonies
were still overstocked, and 'that the high price of
gold had acted unfavourably on the exchanges. A
dividend of 6 per cent. per annum NS as declared,
and a bonus at the rate of 14 per cent. per annum,
making 20 per cent. together.
Notwithstanding the large imports of specie, the
Englsh Funds exhibit no symptoms of buoyancy,
the absence of purchasers and the statements made
regarding a conspiracy in the Indian army
having produced some flatness. The market
does not derive any support from bona fide pur-
chases, and, as the Transfer Books close to morrow,
business if possible will become even quieter than
at present. Consols have been 93i 94 and 93i 94
'for money, while for account transactions are re-
corded at 9411 1. The New 3 per Cents. are 92
mw. the Reduced, 92i Bank Stock is 212. The
March Exchequer Bills are 2s. dis., and the Bonds
981. As the bills " advertised" to be paid off or re-
hewed to-day have been at a discount of 78. to 25.,
it is presumed that a large amount will have to be
reimbursed.

The operations in the Foreign market have not
extended to half-a-dozen securities, and the prices
have undergone no change of importance. Turkish
6 per Cents., are about 94/ 1. Russian 5 per Cents.
I.oBi. Ditto 41 per Cents. 97k., and Venezuela
4i per Cents. 351 to 36.
The following are the nominal prices of Foreign
stocks :—Grenada Deferred Bonds, 61 ; Mextc
221. 3 ; Peruvian 41 per Cents., 76i 71; ditto 3 per
Cents., 53i 4k ; Portuguese 3 per Cen+s., 45i 61;
Russian 5 per Cants., 107 9 ; ditto 4 per
Cents. 97 9 ; Spanish 3 per Cents., 411 42 ; ditto
New Deferred, 25± A ; ditto Certificates, 6i ;
ditto Passive, 5,1 _ _

There has been a moderate amount of business
transacted in Railway Shares, but prices in most
instances have exhibited a slight downward tend-
ency. Eastern Counties, Great Western, Lanca-
shire and Yorkshire, and Vale of Neath declined
6S. ; Caledonian, Norfolk, and North Eastern,
Berwick, 10s. Midland improved about ss. The
French and Canadian lines are quiet. Northern
of France declined about ss. Grand Trunk of
Canada improved 10s. Great Indian Peninsula and
East Indian are steady.

Mining Shares are at nominal prices, United
Mexican being the only transaction reported, at a
decline of ss.

Joint Stock Bank and Miscellaneous Shares are
inactive, at about formor value 3. South Australia
declined ss. ; London General Omnibus Company
and National Discount Company were a shade
Armor.

BRITISH FUNDS.—CLOSING PRICES —THIS DAY
(From the Official List.)
Business done.

Bank Stock
21 per Cent. Reduced Annuities 92 4 4 3 i
3 per Cent. Consols Annuities 93i 4 31 4 31
New 3 per Cent. Annuities 923 i 3
Consols for Account,
Exchequer Bills, 24d. I
i. 11.000
MOO I 2 d —
Ditto Bonds, ItlsB, 34 per Cent.
Ditto, 1859
PRICES OF FOREIGN FUNDS—THIS DAY.
Mexican 3 per Cent 223
Peruvian Bonds, 44 per Cent 704
Russian Bonds, in 2, £ St., 5 per Cent 1034
Ditto, 44 per Cont. 974
Spanish Committee Cert. of Coup. nut fun 6k
Turkish Ronda, 6 per cent —
Ditto Account
Ditto Guaranteed, 4 per Cent.
Venezuela Bonds, 4i per Cent
Ditto Account
-1 .oeno. 0., tne above •owarns in t.eesa.n.
Dutch Exchange, 24 per Cent., 12 Guilders
Ditto 4 per Cent. Certificates —
Ditto Account 971
THREE O'CLOCK,
Consols, money -
Ditto Account, July 9

TEIII ARCHITECTURAL MusEtmc.—The Architectural
Museum, founded in the year 1851, and deposited in
the rooms in Canon-row, Westminster, has been remov-
ed to the museum building erected on the estate at
South Kensington, purchased by the Royal Commit,
sioners of the Exhibition of 1851 for the purpose of pro-
viding accommodation for science and the fine arts in

the Metropolis.
PLymount, June 6.—Last night another fall occurred
at the new Roman Catholic Cathedral. happily without
injury to any one. The remainder of the transverse
arch of the transept gave way first, and was followed by
the eastern arch, which brought down the roof of the
tranFept and all the roof of the chancel except the small
portion of the apsis, or semi-octagon, at the eastern end u,
of the cathedral. The circular pillars which supported the ;
roof of the chancel, and which retain their position, ap-
pear to be firmer than the octagonal pillars in the nave, (
four of which gave way at the first accident on Wednes 11
-
day, when the nave roof fell in.
REPORTED DISCOVERY OP COAL IN SCINDE.—OIIf 1

East Indian intelligence contains a statement of great
importance. Two seams of coal, both at a moderate
depth, had been discovered in Scinde. The locality is
nearer to the sea than that of any coal hitherto found in
India. In any case it will be valuable, as. wood is
rapidly disappearing. But if found suitable for steam
purposes the results will be highly important to India,
and advantageous to the mother country ; for manufac-
tures will soon spring up, and railroads will be made,
and an extensive commerce will be created.
OPEN-AIR PREACHING.—Between 30 and 40 clergy.
men and Dissenting ministers of Bristol have arranged to
carry out a series of out-door services during the summer
months. Yesterday afternoon, the Rev. D. Cooper
Preached on Brandon bill, the Rev. N. Ilaycroft at the
Circus, the Rev. B. Nicholson at Broad-plain, and the
Rev. F. W. Gotch at Bedminster, and in the evening the
Rev. M. Bro-A, incumbent of Christchurch was an-
nounced to preach on Clifton•down.