The Sun.
London, England, 1857-10-30 00:00:00

LIONEY MAR ET

AND

COMMERCIAL INTELLIGENCE.

- About 25,0001. in gold was taken from the Bank
yesterday for the Continent, whence some large
parcels of silver have lately been received.
Money is in active demand, and at full rates.
The meeting of the Great Indian Peninsular
Railway Company to-day passed off satisfactorily.
The chairman, Mr. Hamilton, congratulated the
proprietors on no damage being done to their
servants cr the property of the company by the
rebellious Sepoys. It appeared from the report,
that the net-revenue of the 88 miles already opened
was 18,915/. 4e. ld. The works of the other parts
of the line were proceeding satisfactorily. From
the accounts it appeared that the total sum was
2,250,585/. 14s. The report was adopted.
A further improvement has taken place in the
English Stock Market to-day, and numerous small
purchases have been made for investment. The
tendency of the market is evidently favourable, and
while theseoperations are con2luLd it will no doubt
exhibit a strong appearance. The American ad-
vices have tended to benefit the quotations, for,
however unfavourable the details may be, they are
far from discouraging. With regard to India, also,
there is less apprehension, and thus the Bears are
gradually losing the unsatisfactory elements from
Which they have expected so much. They still
Persistently enunciate their peculiar and exag-
gerated views, but they are unavailing, for the
market is slowly improving. Consols for money
-have
89been 891 and 89i ; and for the account
Iti and 898 The present quotations are
89g 8 and 891 respectively. Tho Now 3 per
Cents, have been 88i and 88i ; the Reduced, lj
881 ; Exchequer Bills 13s. to 10s. discount ; the
Bonds sm ; and the India Bonds 455. discount.
Bank 'Stock is 207 to 209, and India Stock 2092
to 211.
The Foreign Stock Market is dull, but firmer. 1(
Turkish 6 per Cents. have risen to 88 and 88g.
They are now 88 to 881. Brazilian 5 per Cents.
are 99i, 100 ; Danish 3 per Cents., 831 ; Mexican
3 per Cents. 19 ; and Russian 5 per Cents., 1044.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 5 6 ; Mexi-
can, 19 19i ; Peruvian 41 per Cents., 75 77 ;
do. 3 per cents., 51 53 ; Portuguese 3 per Cents., 43 44 ; Russian 5 per Cents., 105 107 ; do. 41s 12
per Cents., 9698 ;
do. Spanish 3 per Cents., 402 41 ; IC
Deferred, 258 ; db. Certificates, —; do. 2
Passive,
Messrs. D. Bell, Son and Co., give the following
as the prices of American securities : to
9

20
20
10
St.

GOVERNMENT SECURITIES.
United States 6 per Cents. 1867-1868...104 105 Redeemable. Per Cent.
United States 6 per Cent. Bonds 1868...103 105
Alabama 5 per
STATE SECURITIES.
Cent
Maryland 5 per Cent. (Sterling Bonds)
Massachusetts 5 per Cent. (Sterl. Bonds)
Mississippi 6 per Cent. Pl. Bk
Bonds ............................. ...1841-1871... 40
Mississippi 5 Cent. Union Bk. Bonds ...
Pennsylvania per Pennsylvania 5 per Cent. Stock
... 70
per Cent. Bonds ~..1877... 73
Tennessee 6 per Cent. Bonds
Virginia
Virginia 5 per Cent. 1886... 78
6 per Cent. Bonds
(Sterling Bonds)
LOANS OF CITIES 1888... 80
Poston 4i per Cent. Bonds 1883... 90
Montreal 6 per Cent. Bonds 1856-1863...
New Orleans 6 per Cent. Stock 1883... 74
RAILROAD BONDS.
not
Illinois Central 7 per Cent. Ist Mortgage,
Convertible
per Cent 1875... 72 74 1875... 72 74
Illinois Central
Bonds 7 per Cent. Freeland
1860... 82 84
Illinois Central (Shares), $3O paid....
Michigan Central Bp. Cent., Convert 1860... 76 78d
Do. do. do. 1869... 76 78
Nets York Central 7p. Cent., Convert 1864... 85 87
New York Central 6 per Cent., not
Convertible 1883... 74 76
New York and Erie 7 per Cent. 3d Mort-
gage
1883... 63 65
The settlement of the account in the Railway.
Share Market has occupied the principal atten-
tion of many of the dealers and speculators ; and
but a moderate business has been reported.
Prices, however, have improved, the advance being
in most instances about percent. North Western and
North Eastern (Berwick), improved ss. ; Caledo-
nian, Great Western, Buxton, South• Western, and
Midland, 10s. ; and Manchester, Sheffield, and
Linceoln, and North-Eastern (York), 15s. The
Foreign lines are inactive, Paris and Lyons are a
shade firmer, as also Great Luxunibour... In the
Colonial undertakings the improvement is about
1 per cent. ; Grand Trunk of Canada , advanced
11. ; East Indian, V. ; and Great Western of
Canada about ss.
Mining Shares are quiet. Sortridge Consols
realise 21.
Joint-Stock Bank and Miscellaneous Shares are
inactive ; Bank of Australasia have declined 11. ;
Euglish' Scottish, and Australian Chartered im-
proved ss. ; and Australian Agricultural Shares
advanced 10s.

.89 90 1100
26 9.i _ _

BRITISII FUNDS THIS DAY AT ONE O'CLOCK.
(From the Offictal List:)
lIS ink Business done.
Stock ..
209 7
8 Nper cent. Reduced Annuities
per 3 Cent. Consols Annuities BBN
9.1 3 1 iii
81 i3W
Pei Cent. Annuities
1071 1 i
& per Cent. Annuities
L ~.,, Annuities,, expiro sth Jan. 1850...
Int)liaLttB-to"e'kears' expire sth April, 1885 1.7
211 91
fa :is iionds . ............
',lit), under 21.0. 00 .............. .....'
0 n sots for ../. c count
Ectheqner Bills, ii.a....--• ******** '" '—' -- 1 5 " ..C.
t)19?)0.
***
......................
..
...
.............. .. .. .... , lO 13 d
6 t 00.......
...
.....
.. .
.Fxchequer Rends, 1858, ii . i).e;. 6,1~
Ditto, 1559 . ......... .... ............. .1".
''''Ti
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian 5 per Cent. ...............
Danish Bonds, 3 poi Cent ~.1825• 1825 . -
iii-)sican 3 per Cent
Itusnan Bonds, DS22, 1.-: St., 5 per Cent lO4l
Tnrkith flonds, 6 pa cent.— -
Ditto Account ............. .......
Dividends on the above payable in London.
Cou TWO O'CLOCK.
4013, money ...... .
Consols account
B.9Ja i

CITY, Two o'CLocar.
The Liverpool Cotton Market yesterday closed
with more animation, but prices were without any
material alteration. The sales were estimated at
2,500 bales. The Railway Share Market closed
quietly, and values were unehan_ed.
The intelligence from New York by the steamer
Fulton, although unsatisfactory, is certainly not
worse than might have been anticipated from the
severe revulsion in crelit, and the general derange-
ment of business. The measure forced upon the
Banks was of too recent a date to admit of the
excitement it occasioned being entirely allayed, but
a better feeling evidently prevailed, the value of
securities had advanced, and we learn that large
- consignments of goods were being prepared for
this country. With regard to the exchange, no
material improvement can be noted, but the ques-
tion to be solved is, whether it will lead to large
shipments of gold from this side. Taking all
things into consideration, the risk, charger, cost of
trai,sit, loss of interest, end the favourable terms
that can be obtained for money at home, there is
reason to believe that the efflux will not be very
serious. On the other hand, however, there is no
immediate prospect of remittances to this side being
resumed. According to the banking law of New
York the various establishments that have stopped
payments in specie ought to be wound up, but in
the present instance, the movement being general,
the rule will probably be waived. Ifs
however, should be determined upon, the process
must necessarily be very tedious, and the recovery
perhaps retarded; but two or three other mails must !
be awaited before any clear or reliable opinion can
be formed upon this point. The local journals
naturally discussed the question at length, but some Ri
of the best informed predict an early amelioration. a
Meanwhile, the interruption of business, the stop- 1
page of mills, and the diminished employment 161
found for the operative classes were producing n•
serious inconvenience and distress. As it frequently
happens that after such a violent commotion the 20
transition to a quieter and more healthy state of 11i
affairs is often rapid, there was a confident tone St.
and the knowledge that a large proportion of the tit;
firms that had suspended were actually solvent 1.,?)'
tended to mitigate the uneasiness at first produced.
12i
It is stated that the rise in the State stocks had
been 6to 6 per cent. This will probably check 25
orders to buy from this side, and, as a con- 25
sequence, the transmission of specie. Ame-
rican homes here, in most instances, now 110
0
know the worst, and must make their arrangements
accordingly. They cannot hope for remittances St.
while affairs remain as at present, and further st.
failures must therefore be anticipated ; although, 252
perhaps, not to the ruinous extent which many
too
alarmists pregnosticate. 25
In the Foreign and Colonial Produce Markets 50
this week business has been depressed, and the 20
present unsatisfactory situat-on of monetary affairs
has told most seriously upon this branch of trade. st.so
Nearly all the principal articles have been at re- St
.
duced quotations, and the demand being limited, St.
sales are made with some difficulty. Heavy losses
have already been experienced, and it would not Stt:
St.
excite surprise if some embarrassments were occa-
St.
sioned. Sugar has receded ls. to 2s. per cwt., but 25
coffee, on the contrary, is dearer. Tea is also 25
steady, and the advices from China have 50
caused a small improvement. Tallow is rather St
higher; Y.C. being 565. 9d. per cwt. on the 'sot'
spot.

Blyth & Tyne origin'''
it.
100
B.Cri2stos (iis&s.Eaxtet4ts)
St. 100 t aledonian.... .....
;t. 100 Chester dr Holyhead
i 0 all Cork and Bandon
10 all Cork, Black. & Pass
20 all Cornwall
10 all De .A
10 8 Do. B
;0 45 DublindißelfastJune.l
15 all Dnn. P. &Aber, June.l
!t. 100 East Anglian .........
20 i all ;Eastern Counties.....
3t. ;100 lEasternUnion,A. stk.
3t.'100 IDo.' do. B.
15 8i IDo. New A
3t. 100 'East Lancashire 1
10 all /East Suffolk ........
i
0 1 4 Do.
St. i 100 , Edinburgh & Glasgow
0 all lEdinb. and Peebles
t. 100 lEdtnb.Prth.dtDunde,
0 all I Forth and ClydeJunc.
;t. 100 Furness ... . ........
it. 100
,Glasgow & S.Westerr
.0 all Great N. of Scotland
it. 100 Great Northern ......
it. 100 IDo., A. Stock ......
',t. 1100 Do., B. Stock
......
it. :100 ,Gt. Sth.&West.(lre.)
it. 100 IGreatWestern. „....
it. 100 Do.' Str.V.R gna.St
.2 all Irish South-Eastern.
all ;Lancaster &Carlisle.
L 14i Do., Th:rds
i 12 Do. New Thirds
100 Lancash. &Yorkshire
i 6 Do., do. F 1.:16
i i Do., Wet. Riding Un
1 all Do. Southport......
all London & Blackwal'
100 Lon d . Bright. it S. Cst.
100 London &N. N. Weston
' all Do. Fifths
all Do. ,101.5h.,M&8 0
5 Do. Eighths
100 London & S.NC'eatern
all Lndndrry.&Coleraine
all Lndndny..k Ennisk.
100 hancb.Shef.diLincln.
: 1 Metropolitan
, 1 Do. J. L. Ricardo's
1 arrangement
100 Midland ..... .. . -
100 Do. Birming. & Derby
all Midland Gi.West.(lr.)
all Do. i Shares
all Newcastle &Carlisle..
all Newpt.Aberg.dElTrfd.
9 Newry & Enniskillen
all Newry, Warrenpoint
& Rostrevor
100 N0rf01k...... .....
3i Northn. Counties 17n
100 North British
100 North Devon, Rail. &
Dock Stock
'lOO Do., A Stock .........
100 , Do., B Stock .........
100 N. astern Borwick
all o. do. Extension ...
16i Do do. G.N.E.Purch.
all Do. Leeds
100 Do. York
100 North London . . ... _
31.1 N.& S. Wstn., Hamp-
stead, and City Jn
1.7 i North Staffordshire
' all North Western...—
all N. &S. Westrn. June.
100 Oxford Worcester &
Wolverhampton.....
16 Portsmouth
J 10 Rhymney
It. 100 Scottish Central
I
it. 100 Scot. N.E.Abrdn. St
it. 1100 Shropshire Union
.0 / 6 Sitingbourne &Sheer
i 0 100 South Dovon.. .....
3t. 100 ;South Ea5tern....,..,,
10 all iDo. 4} per: . Shares
it. 100 (South Wales.....
20 all S. Yorksh. RiverDnn
20 10 Do.
10 all Staines,Wok.,&Wok,
25 all Stockton & Darling..
25 1 I
do., 1854
25 5 Do. do., 18q5
... 161 Stockton & llartlepl
St. ,100 Taff Vale
St. 1.00 Do. Pref., No. 1
25 1 22 (Thames Hay, D. &R
20 all ; Vale of Neath
20 all jWaterfd. & Kilkenny
50 all IWaterford&Limerick
20 all 'West Cot nwall.
10 all est End of London
5 all W
apndo.CArystal Palace
5 all Do. B
10 all West London
10 all Do. First Class
10 all Do. Second Class
.0 i all ,Wmbledon&Croydov

16-i - 163
22 - 23
46 - 48
3i - 23
32 - 34
623 - 63

F 0 - h
13 - 14
9i
lip
i -
l
38 - 90

••• "...

20 = ii

... V ...

7 - 9
21- 33
5 - 54

FOR:

all AntwrpilL Rotterdam
18 Ardennes

all Belgian East. Junct.
16 Beziers to Graissessac
all Carmeaux&Toulouse
Coal Mines and Ry
12 Dutch Rhenish

all lE.tstorn of Franco
all I Do. New .......

2s. Euphrates Valley
18 Gt., Central of France
all Great Luxembourg
4 Italian Junction
all Lake Const. & Bale
all Lierre and Turnhout
6 Lombardo-Venetian
all Lucca & Pist.sp.c.p.
all Lyons and Geneva
all Lyons & Moditerran
all Maria Ante
all Do. Now
all Namur & Liege
all Do. do. 6 p. c. Pref
all Northern of France.,
all Nor wegianTrnk. Prof
all Paris and Lyons
all Paris and Orleans
7 Reeife & San Fran.,
(Pernam.) g. 7 p. c.
7i Rume and Frssz%ti—.
all Royal Danish
all Royal Swedish
all Sambre and Meuse
all ')o. 51 per cent. pref
all Southern of France
all West Flanders
all ,Do. 54 per c. Prof
all W.& N.W. of France
6 Western of Austria
all West. of Switzerland
all Wiesbiden .
all j Do. 8 p. cent. pref.
ale Zealand

IGN.

6i - 6

••• •••• •••
I --• 1

5t - 5 '
26f -26 i

- ...

'it =

.d
25 -2,

23 - 24

6i -
18f -18 i
34i -34 i
8. - 9}
32i - 33
50 - 52

-

14 - 16

6t -
4 - 8
207 i - 214
4i - 5
-9;
254 - 26.

...

51 6

79 I

18