The Sun.
London, England, 1857-03-16 00:00:00

AND
COMMERCIAL INTELLIGENCE. ,

CITY, Two O'Crio`
Letters from Liverpool state that tin ( iotton
Market on Saturday dosed \very quietly, b u,t price
remain unchanged. The sales were estin,%ated at
5)000 or 6,000 bales. The Itpilway Share 11.1-arket
was exceedingly quiet, and prices, were again
4 shade lower. The letters from the 3311.1-
nufacturing districts generally report no im-
provement in trade, but the excitement cense,-
Tient on the election accounts for' the limited
character of the demand. In Leeds, Bradford, and
Ilabfax the business transacted, during the pr Ist
iveek
wag small, but no alteration in price is 70-
13,orted. The accounts from Leicester state th at
the
failure of Mr. William Mee, in the fancy
„hosiery department, hadexcited some sensation. The
nobilities are estimated at 7,0001., and a dividend
of 4s. 6d. in the pound is expected.
The stringency of the Money Market is fully
maintained, the inquiry in all directions being ex-
ceedingly active. During the last few days aug-
mented pressure has been experienced, and, if it
Continues, fears may ere long be aroused of a fur-
ther increase in the minimum rate of discount.
The payment of the April dividends, however, may
Prevent so unfavourable a contingency, but most
parties concur in the belief that money will be sup-
Ported at its present value for some months to come.
The extraordinary movement in the precious metals
tends to aggravate the evil, and judging from pre-
Sent indications there is more to apprehend from
this influence than hitherto. Stimulated by the
telegraphic advices from India, regarding the ex-
changes, the demand for silver has increased, and
larger remittances of gold are sent to the Continent
In addition to the supplies received from Victoria
by the Mermaid, and the Blackwall, some large
Parcels, including 92,0001. on Saturday withdrawn
from the Bank, have been sent across the Channel,
and it may be questioned whether the 202,00)/.
announced on Saturday by the Admiral will arrest
the drain, or if so, more than for the moment.
Ilse or six other vessels, with large amounts, are ,
looked for from the same quarter, but owing to tb
.e
manner in which the late remittances have bee
distributed, it is impossible to predict their proball/
influence on monetary affairs, and the position of
the Bank of England.

Last week the arrivals of specie were al• ,out
860,0001, and the exports, as far as can be a' Jeer -
taiued, 750,0001.
Three vessels have arrived from Australia this
Meriting, viz., the Vocalist, the William M,o,ney,
414 the Electra, but the amount of specie, they
bring has not yet transpired. The last named,
however, is said to have 14,000 ounces of gold on
board.
The Marseilles portion of the Over.tand Mail is
expected in town this a.ltentoon.

A heavy tone pervai:tes the mar:Ket for public se-
curities, and the tendency of quotations is evidently
111 a favourable d'irection. This is immediately
Produced by sales, on the part of the speculators for
rise, who consider a lower range of prices not
inprobable. The drain of gold also checks
t business, and for a time no improvement
likelyis to occur. A fall of I per cent. has taken
place to-day. Consols have been 93k I, and 93k
for tre.nsfer, and 93k and 931.4 for the Bth pros.
Exchequer Bills are steady, and. the Bonds 98l I.
East India Stock is 223.
Very little 'business is recorded in the Foreign
Market, the usual formalities connected with the
settlement occupying chief attention. Turkish 6
Per Cents. are firm, but dull at 971- Spanish
Deferred at 24i, and Russian 5 per Cents. are
marked 98k. Mexican Bonds have risen to 23k k,
being about per cent. better.
The following are the nominal prices of Foreign
Stooks :—Grenada Deferred Bonds, 6k 7 ; Mexi-
can, 231 231 ; Peruvian, 78 80 ; ditto Three per
Cents., 55 57 ; Portuguese 3 per Cents., 45 46 ;
Russian 5 per Cents., 107 9 ; do. 4 per Cents.,
97 99; Spanish 3 per Cents., 41i 41k; ditto New
Deferred, 24k 5 ; Ditto Certificates, 61 ; Ditto
Passive, 5i 6.
In the Railway Share Market this morning the
transactions entered into have been chiefly in con-
nection with the settlement, and prices have in
most instances ruled rather lower ; but the charges
for "continuation" have not been heavy. Great
Northern receded about 55., Brighton 55., North-
Western 10s., South Western ss. to 10s., South-
Eastern ss. ; Grand Trunk of Canada, Great West-
ern of Canada, Northern of France, Paris and
Lyons, and Sambre and Meuse realised former
rates ; Rigas have risen to 21 prem.
In Mining Shares no business of any importance
has been done, and prices are nominally unaltered.
Joint-stock Bank and Miscellaneous shares are
at steady quotations. Bank of Australasia ruled
lower, and City Bank advanced about 1/. Canada
Laud shares declined 1/.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List:)
PrataA... aims
B%)er (lent. Consols Annuities 934 i 3 k
India Stook
Consols for Account ... .. .. 93A II
E tallequer Bills, 20.
tl.OOO
qmall
Ditto Bonds, 1858, 3i per Cent --
Ditto, 1859
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Grenada New Active, 24 per Cent.
Russian Bonds, 1822, £ St., 5 per Cont.—
Ditto, 44 per Cont.
BpaniEli Roads, 3 per Cont.
Ditto New Deferred, 3 per Cen'.
Ditto Account
Turkish Bonds, 6 per cent 97}
Dividends on the above payable in bonder.
TWO O'CLOCK.
Console, money 93 934
hitt, for account

A circular (says the Lit.:rary Gaze;:e) has been iesned
by the solicitors to the.aesiguees of Mr. Edwin Baldwin,
announcing that the copyrights of the Morning Serail,
Standard, and E't. Janic3 s Chronicle newspapers are for
sale, and that they are ready to receive tenders for their
purchase, either together or separately.
The intelligence from Persia does not confirm the ru-
moured march of English troops into the interior. In
the camp at Bushire the latter suffered severely from
sickness.
THE WRECK OF THE MADRID.—The captain and crew
of the Madrid, 'wrecked near Vigo on the 20th ult., ar-
rived at Southampton in the Tagus yesterday. The
officers and men sent out in the Tagus to assist in saving
the Madrid also arrived home yesterday. The unfoi tu-
tate vessel bad broken up, and somo trifling portion of
her, such as a mast and an anchor, were the only things
saved from her. In the summer an attempt will pro-
bably be made to save her machinery. The weather is
at present too severe for any such attempt to be made.
A correspondent of the Banff Journal says :—" The
student of most mark this session at King's College is a
Mr. Donald Robertson, a farm-servant from Speyeide—
a man who holds the plough during summer, and with
his earnings in the field keeps and educates himself at
college in winter. All honour to him ; may his success
said
to equal to his deserts ! As a mathematician, he is
to display wonderful power and quickness."
ST. PAUL'S, KNIGHTSBRIDGE.--LIDDELL v. WESTER-
-7°ll.--A. long conference was held on Saturday
after-
noon, at the Privy Council Office, by the ms
cearn aeyrs of the Those
Privy Council, who sat as judges in
present were—the Archbishop of Canttehriburys,e.the Lor.dr
Chancellor, the Bishop of London, Mr. P. Leigh, Si
Maule, Lord Wensleydale, and Sir J. Patteson.
The time for the delivery of the judgment did not
transpire.
THE ART TREASURES !PALACE AT MANCHESTER.—'A
high wind on Saturday unornin did considerable damage
t
o this building, by destrnyigng portions of the glees
which runs along the centre and moat
f
the semi-circular roof. At one time it was sirable to withdraw the exposed
dee
mpeadr td
fromoe
the danger to which theyworkmen
glass, but fortunately fragments ofemployed inside,
were exposed by the falling
wards noon, and the dame
HORTICULTURAL SOCa betheaesilwyirnedpaabiraetde.d to-
taTgy vv il l
have decided upon the estabr
two-guinea members, and the altLONDON.—The Council
er tinotnooff aadmneiawsiocnlafseseos,f
all new subscriptions being in future Payable in advance.
Mr. George M`Ewen, formerly gardener to the late
Duke of Norfolk, at Arundel,
has been appointed
general superintendent.
INLAND REVENUE.—The not produce of the duties on
legacies and successions in the whole Of
h 946/.
dom in the year 1856 amounted to 1,448 9461. t united against
1,628,688
1,628,688 in 1855, 1,501,837/. in 1848
from the
1854 passing of the Act 16th and 17, ,thaVnicB.3c9.,ssl3otlo.
Jan 5, .
TIIE CRYSTAL PALACE CONCERTS.—The music-rooms
was much crowded on Saturday, when the attractiol° f
the concert were enhanced by the wonderful
perform_
ancea of the blind Italian Picco on his simple pipe On
this unpromising instrument he played with remarkable.n
facility the solos " Casta Diva" and " Ca,naval de 17-a-
-nise." The vocalists of the day were Miss Susan Cole
and Mr. Geo. Perren. Picco is to perform again tc-clay
ad throughout the week

MON E y PIARKI ITi SHARE MARKETS—(This Day.)