The Sun.
London, England, 1857-06-13 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
The Liverpool Cotton Market yesterday closed
With a firm appeatanc•-, at the full rates current
last week. The sales were 6,000 bales. The Rail-
Way Share Market was inanimate, and prices were
rather lower.
A. favourable return has been issued from the
Bank of England for the week ending the 6th inst.,
a large increase in the bullion and reserve of notes
beiritt exhibited. The former, it was generally
anticipated, would show some augmentation, owing
t° the influx of gold and the sales made to the
authorities ; and the next statement will pro-
bably report a further material accession of
Wealth. It is satisfactory to ob:=erve the gra-
dual accumulation of " notes unemplo:, eel," and
if the improvement continues the Directors may
8?011 be enabled to modify their discount r,?gula-
tl6rlg, but there is still an unfavourable movement
111 the " other securities," which now reach more
than
nineteen millions sterling. As a set off against
ulls) however, it may be remarked that the public
aad private deposits have received an important
addition. The revenue collections are being made
With vigour, and the total now standing tj the
credit of the Government exc eds seven millions.
:the principal items, and the changes they present
are as subjoined :
Active Circulation
Decrease
Bullion
Increase
Increase

. £18,785.980
. 291,495
10,290.649
258,247
3,321,818
Increasel9,46l
7
Public Deposits . ,036,869
Increase
Other Deposits
„ Increase
oeven-Day and other Bills 664.467
Decrease
government Securities
Other Securities
Increase
5
Notes unemployed
Increase

Rest.

The official return of the export of bullion from
the pert of London for the week ending Thursday
lad is as follows :
Gold Coin ... Hamburg ... 21,500 On. and 6,0001.
ft ft ... Belgium ... 130 Ozs.
Bare ... Boulogne ... 34,000 Ov.
silver Coin... Belgium ... 800 Oz 4.
„ „ Hamburg ... 1,200 Oz=.
There is a good demand for money at fullyprevi-
°ha rates, but there appears to be an absence of
Pressure.
4- special meeting of the Atlantic Telegraph
companyl took place to-day. W. Brown,
in the chair. It was stated by Mr. Fiesh-
'eld) the solicitor, that the objezt of the bill was
t 0 carry out the undertaking on new terms,
111,10,ing the locale of business in London instead of
teewhere. The chairman said the Government
ad made this a sine qua non. It was not desira-
aole that Government interference should take
Place in private companies, but for political pur-
poses it was deemed requisite by the Govern-
Intuit that they should, in this case, have
such Tower, or they would give their support to
another company. It appeared that the Govern-
!lent would subsidize to the exteLt of 14,0001.
4Year, and that a concession would be given for
25 Years, the capital being 350,0001. Some °ppd..
Pition was made as to a few of the clauses by Mr.
Irieffatt, M.P., and others, but the bill was
t/entually carried, the amendment of Mr. Dixon
aving been withdrawn by him.
The market for public st )cks has been very dull,
and scarcely any change has occurred in prices.
~,,
Bank return although favourable has had no
effect upon the quotations, and speculation is very
quiet. Consols have been 93i k ex-dividend, and
the last official price is 931. For the opening they
ate 93k I. The New Three per Cents. are 921 i,
sad the Reduced 92,1 The March Exchequer
Bills are 2s. discount. Bank Stock is 212 to 214.
In Foreign Stocks a few transactions have been
recorded. Turkish 6 per Cents. are quoted 951
and the 4 per cents. 1011. Brazilian 4i per
'ants., 97k ; Grenada, 22i ; ditto Deferred, 6/ ;
creek, 53/4 ; Mexican 3 per Cents., 221; Portu-
guese 3 per Cents., 46i ; Sardinian, 89 ; Spanish
certificates,
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6} ; Mexicali,
22. E 3 ; Peruvian 41 per Cents., 75 77; ditto 3 per
cents.
52 54 ; Portuguese 3 per Cents., 46 47 ;
Ittlssian 5 per Cents., 108 10 ; ditto 43/4 per
cents. 97 9 ; Spanish 3 per Cents., 42 423/4; ditto
New Deferred, 25i a ; dittos Certificates, 6a. ;
ditto Passive, 51 6.
The Railway Share Market has been moderately
active, and a fair business has been done in some
13f the principal lines at a slight improvement.
Great Western advanced 10s., Lancashire and
Yorkshire ss. to 10s., North-Western V., South-
,„Western 55., Midland Sc. to 10s., North-Eastern
Berwick 55., North-Eastern York 55., and South-
'tern ss. In the foreign and colonial lines
there was not much business transacted, but prices
ruled firm. Northern of France advanced 55., Paris
and Lyons 55., Grand Trunk of Canada declined ss.
to lOs., and Great Western of Canada ss.
• Mining Shares were quiet, at about former quo •
rations. Cobre Copper brought 52. Dun Moun-
tain Copper Company li, and Santiago de Cuba 2i.
Joint-Stock Bank Shares are firm. Bank of
Australasia advanced 10s., and Union of Aus
tralia 5.

The Miscellaneous undertakings show no mate-
rial change. Atlantic Telegraph Company were
dealt in at 450, and Peninsular and Oriental Steam
brought 69i 70.