The Sun.
London, England, 1857-05-08 00:00:00

MONEY MARKS

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocir.
Accounts from Liverpool state that the Cotton
Market yesterday closed firmly with a hardening
tendency, and compared with Friday's rase,.,
prices of American were fully id. per lb. dearer.
The sales were estimated at 14,000 bales, of which
2,000 were taken for export, and 4,000 on specu-
lation. The Railway Share Market was very
inactive with an evident downward tendency,
In the Foreign and C denial produce markets
there is still a good deal of anima•ion, produced by
a consumptive, as well as speculative demand, and
the dearness of money, and the precautions adopted
by the Bank alike fail in depreciating values. This
activity has been most apparent in sugar, the pur-
chases of which have been extensive. Prices have
advanced, but owing to the demands o'
the importers, and the small quantity on
offer, the market is now kept quiet. Coffee has
also brought full rates, but, the inquiry is not very
brisk. Rice is steady, and a large business has
been done at 3d. per cwt. advance, and cocoa is ls.
to 23. per cwt. dearer. Tea remains steady, com-
mon congou being 1241 short, and 121 d. per,lb.
full prompt. Rum is firm, and also saltpetre. In
spices the dealings have not been very numerous,
but mace and nutmegs are lower. Tallow is rather
firmer. The public sales of colonial wool are pro-
ceeding quietly, and the prices realised are in some
instances flatter.

There is still a very quiet market for silver, and
the quotations tend downwards, bars being
obtainable at ss. ro. per ounce for cash. The
diminution in the demand is proved by the dis-
tribut;on of the gold received per Anglesea,
instead of being sent to the continent for silver, as
anticipated, bas, for the most part, been sold to
the Bank. Yesterday, a further portion, viz.,
80,0001. was added to the stores of the authorities,
and there is reason to believe that the greater part
of future Australian remittances will be disposed
of in a similar manner, so that little fear now
exists with respect to the future movements of the
precious metals.

The excitement produced by the refusal of the
Bank to lend upon Stock has subsided, and there
is again a sanguine feeling with regard to the future.
Certain operators are still charged with having had
possession of the information yesterday, before the
general public, by which means they sold stock to
an immense extent, and thereby netted consider-
able profiss. The conduct of the Bank in not observ-
ing greater caution by which no one could obtain un-
due advantage has excited a degree ofacrimony which
will not soon be forgotten by those who are believed
to have been, implicated.
The Funds have completely recovered the fall of
yesterday, and the market is now wry buoyant.
As might be imagined, it is in an excited state,
and the purchases have been numerous. The Bank
broker has bought about 25,0001. of Exchequer'
Bills at par, and some large investments in • Con-
sols have also been made. Some of these opera-
tions have emanated from the Savings Bank Com-
missioners, who have 1,200,0001. at command
through the repayment of the 2,000,0001. Exche-
quer Bonds, due to-day. Consold for transfer have
been 93k and 938 4. The account prices have
oeen 93i 94, 94 to 94i, and they at present
stand at about 94 to 94+. The New 3 per
have been marked 92 to 921, and the Re-
duced 92 to 92k. Bank Stock is 2124. The
Marck Exchequer Bills are 3s. prem., the June
ditto 4s. discount to par, and the Bonds 984
In the Foreign Market business is dull. Turkish
6 per Cents. have been 9374- 94, but are now 94 to
?,41, the 4 per Cents. 1001, Dutch 24 per Cents.
ditto 4 per Cents. 97k, and Sardinian 5 per
cents. 91.
The folloWing are the nominal prices of Foreign
Btocks:—Grenada Deferred Bonds, 6 7 ;Mexican,
„
; Peruvian 4i per Cents., 761 ; do. 3 per
cents., 533/4 544 ; Portuguese 3 per Cents., 45 6 ;
Russian 5 per Cants., 104 6 ; Do. 44 per Cents.,
:5 7 ; Spanish 3 per Cents., 411 ; ditto Deferred,
45i 1; ditto Certificates, ; ditto Passive, 51
Messrs. D. Bell, Son and Co., report that during
the :week there has been very little business in.
rilerican Securities, and prices are unchanged.