The Sun.
London, England, 1857-12-08 00:00:00

itT DIARIC ET

A; TD
00IIIINIEROJAL lITTELLIGENCJE,

CITY, .Two o'CLooK.
rue Liverpool Cotton Market yesterday maul-
' sted a heavy appearance, at previous rates. The

sales were estimated at 4,000 bales, 500 of which
were taken by the speculators. The Railway Share
Market closed steadily, and prices were a shade

higher.

- .
Business in the Foreign and Colonial Produce
Markets this week has commenced with a dull ap-

pearance, but large public sales of sugar are now in
progress. The further mercantile failures, the
large stocks on hand, and the high terms of dis-

count, will account for this inactivity.
The failures which are daily reported show that
we are not yet fully cognisant of the extent of the
crisis. Its force may have diminished, but the
final results are not yet ascertained, and each day
brings with it some additional disaster. Two sus-
pensions were spoken of yesterday, viz., Messrs.
Albert Pelly and Co., in the Norwegian trade, with

liabilities probably amounting to 200,000/. ; and
Messrs. Krell and Cohn, a smaller firm, also en-

gaged in the trade of the north of Europe. The
_ _

German houses have been severe sufferers, but it
follows as a natural consequence from their inti-
mate connection with Hamburg and other places,

where there has lately been a kind of general in-

solvency.

The daily purchases of gold by the Bank of Eng-
And are no doubt causing a steady accumulation of

bullion, as the demand for the metal on Continental
account is very limited, and the bulk of the influx

is retained in the vaults of the establishment. Yes-

terday 100,0001. was added to the general stook of
bullion, and a portion of the 400,0001. just an-
nounced from various parts will no doubt follow
in a few days. Some of the Australian vessels are
now due, and one or two of those which left the
colony early in October will probably arrive before
the end of the year. With regard to the receipts
from America, it is generally imagined that the
weekly packets 'will henceforth bring regular sup-
plies, as there was a plethora of specie at New York
through the remittances from California and the
other States. At the date of the last advices the
aggregate stock was larger than at any previous
period in the historjy of New York banking, and
wherever cash payments were resumed, and the
measure, it was imagined, could not be much longer
delayed, the American houses may embrace the
earliest opportunity to discharge their indebtedness
to this country. If they are guided by that
honesty which ought to be observed by all classes
of the commercial public, they will strive to liqui-
date their engagements, as the mischief resulting
from the cessation of remittances has been most
severely felt both here and on the continent. The
silver market is firm, and it is thought that moderate
amounts will continue to be seat to Hamburg,
where great distress still exists.
Although the value of public securities continues
firm, there is very little speculation in progress,
and the news from India seems to have exercised
rather an unfavourable influence. Several bona
fide transactions have been concluded, as this is
the last transfer day—the books being closed to-
morrow preparatory to the payment of the divi-
dends. The funds are at a high point considering
the rate of discount andthe involved state of business,
but the encouraging prospects now manifested
strengthen the market. Consols for money have
been 91i llb and for account 928 The present
quotations are 91i -1, and 92i respectively, being
firmer. The New Three per Cents. are 90a -I,
and the Reduced 908 1. Bank Stock is 217 to 218,
and India Stock 219. Exchequer Bills are 3s.
dis. to Is. prem. ; and India Bonds, 28s. die.,
being higher.
Foreign Stocks are extremely dull, and not more
than half a dozen bargains have been recorded.
For those which have been dealt in, however, the
prices are steady. Turkish 6 per Cents. are 92/
and the 4 per Cents. 99i. Dutch 4 per Cents.
have been done at 96.
The following are the nominal prices of Foreign
Stocks :---;Grenada Deferred Bonds, 5 6 ; Mexi-
can, 18i 19 ; Peruvian 44 per Cents., 75 77 ;
ditto 3 per Cents., 50i 511 ; Portuguese 3 per
Cents., 43 44; Russian 5 per Cents., ; 'ditto
4i per Cents., to ; Spanish 3 per Cents, 402
41i ; ditto New Deferred, 24A 25i ; ditto Certifi-
cates, 4 sf.
The business transacted in the Railway Share
Market this morning was of a very limited cha-
racter," and the few bargains reported exhibited in
most instances a downward tendency in values:
Great Western Lancashire and Yorkshire, Brigh-
ton, and South-Eastern, declined ss. ; Eastern
Counties, South-Western, and North-Eastern,
(Berwick), 10s. ; Caledonian and North British ad-
vanced 55., and North-Western 10s. The Foreign
and Colonial lines are very quiet and generally at
lower quotations. East Indian have receded 10s. ;
Great Western of Canada, 55., and Grand Trunk of
Canada, 1/.
Joint-Stock Bank and Miscellaneous shares are
flat. Loudon Joint-Stock declined ss. ; Union of
Loudon, 10s. ; Electric Telegraph and South
Australian Land realised former quotations.

BRITISH FUNDS THIS DAY Al ONE O'CLOCK,'
( _From the Official Listi)
Business done.
Sank Stock ... 218 17
3 per (.;ent. Reduced A Inuities 9oi $
3 per Cent. Console Annuities 9l i i i
Now 3 per Cont. Annuities 9Ol § i
L )4! Annuities, expire Stn Jan. 1860 111
15-16
udia Stock 2
I edit, Bends, £lOOO
Ditto, under £lOOO2 6 d
()el sots icr Account
Es ..,..1 hip Hills, 24e.
£lOOO
Small
3 d p
Small 2 d 2 p
P ttiCES OF FOREIGN FUNDS AT ONE O'CLOCK,
rurkiati Bonds, 6 per cent —
Ditto Account L2
Ditto Guaranteed. 4 per Cent.
Dividends on the above payable, in London.
Dutch Ex3i-auge, 2ti per Conl., 12 Guilders
Do. 4 per Cont. Certiilcates
TWO O'CLOCK.
Consols, money 9l
Consols for account