The Sun.
London, England, 1857-05-20 00:00:00

NI ONE Y -MARKET

A. ND
C OBEYIE3,CIAL INTELLIGENCE,

CITY, Two o'Ctocx.
The Liverpool Cotton Market yesterday closed
quietly but firmly, at the full prices of last week.
The sales amounted to between 3,000 and 4,000
bales, 500 of which were taken for exportation.
The Railway Share Market was quiet, and prices
were a shade lower.
The Foreign Exchanges yeSterday afternoon were
generally steady, but there was a good demand for
bills upon
most of the chief cities of the Continent.
An application has' been made by the promoters
of the Great Russian Railway Company to
the Committee of the Stock Exchange to allow the
dealings in the.shares to be formally recognised in
the Official Lists.
~„„,The pressure lately experienced in the Money
Market has sensibly abated, both in Lombard-
Street and at the Stock Exchange, and if gold re-
mittances to the Continent are not renewed, there
some probability of a further slight movement
in the direction of ease. An unsettled feeling has
been Produced' by the extensive shipments of specie
l.
the Colombo, which, if continued, may cause a
resumption of the Continental drain. The stock
, °silver is not-large, and in order to procure suffi-
eieut to transmit by the next steamer, purchases
Will have to be made abroad which may
4haorb a considerable portion of any Aus-
tralian supplies that may arrive in the in-
-371"al• It is stated that -the remittances by
the• Present mail would, have been larger, if earlier
laformation respecting the advance in the Shanghai
"hange had been received, and that the next
t▪ amer-is therefore likely to take out as much as
uat despatched to-day. This has naturally
caused some little disappointment among
those. who anticipated a falling off' in this
Z4stern efflux, and-- who, upon the general,
prospects of the Money Market, Iwere induced to
enter into large speculative operations in the Funds.
Provided the silk crops in the South of Europe
Drove as satisfactory as desired, the silver remit-
+;Lances to China will no doubt be reduced, but in
e meantime—for some weeks must elapse before
the results are clearly ascertained—a large quantity,
of that metal may be sent away. This rather un-
avourable change merely affords another proof of
the fallacy of placing too much reliance upon every
new and apparently satisfactory alteration that is
Presented in connexion :with the money-
karket, which is far too heavily burdened to
eXperience any sudden or immediate improvement.
The frequent calls that are made on account of the
tle Joint-Stock Companies formed within Vie last
twelve months, diminish the floating capital of the
eOrtntry, and necessarily tend to prevent any ac-
..,raodation. A decline of 1 per cent. in the
77timum is quite possible, but at present there are
:° grounds for anticipating any speedy approach of
48° and abundance.
It is alleged that the Bank of France has entered
onto contracts with houses here, for the supply of
til3watlla of a million sterling in gold, and although
this
are no means of ascertaining the accuracy of
tLia. sta'ement it is very probably correct, since at
'43, Period of the year, specie is usually dispatched
74.1arge quantities from Paris to the provinces.
eecounts from Constantinople still dwell upon
oa7 financial embarrassments of the Porte.
to inlet councils were held frequently in order
evise plans for recruiting the exhausted trea-
7, but nothing definite has yet been adopted.
ph,,ll_,e°llsequence of a few further sales the English
Cgs still droop, and the tendency of the market
4,,e'vidently unfavourable. Business is extremely
and the market suffers from this as much as
931 other cause. Consols for transfer have been
1 2
'DI I.) and for account 93i 94. The New
n,lee per Cents. are 92 921.- ; the Reduced,
tt and the 30 years Annuity 18. Bank Stock
14 212 to 213, and India Stock 220. The March
lelieq
kuer Bills are Gs. prem., and the June ditto
to 3s. prem. The usual purchase of 30,0001.
has concluded.
Speculation in Foreign Stocks is very dull, and
qhere is little alteration in prices to report. Turkish
I)er Cents. were 941 , and are now about 941
Spanish Bonds are at nominal rates. Sardinian
have realised 914 ; Mexican, 221 ; Dutch 21- per
eents,, 65 ; and Venezuela, 35.
The following are the nominal prices of Foreign
Stooks:—Grenada Deferred Bonds, WI 7 ; Mexican,
221
31; Peruvian 41 per Cents., 77 78 ; ditto 3 per
)75,,)714 53 5 ; Portuguese 3 per Cents., 45i 61 ;
e-1188ian 5 per Cants., 105 107 ; ditto 41 per
iaoB., 96 98 ; Spanish 3 per Cents., ; ditto
ilLetred, 2iiz ; ditto Certificates, 61 s ; ditto
wive 5~ ilh *
the Railway Share Market prices have under-
gone
a decided decline, and the business trans-
peed- was of a very limited character. Edinburgh,
Iv etlll, and Dundee, Great Northern, South-
go 'ltem, Manchester, Sheffield, and Lincoln, and
mouth Wales declined ss. East Anglian, North-
Lbeltero, and North--Eastern Berwick, 10s. Mid-
-155., and Caledonian, 11. Brighton and
wes'ern Counties were steady.
/14 The French lines
e. depressed, as also the Canadian and East
Trlila;l• Paris and Lyons declined 10s., Grand
nk and Great Western of Canada 55., and
(le t " Indian, ss. to 10s. Ceylon B shares were
al in at 2i.
,arming Shares were quite neglected, and prices
a"rainal.
11°h:it-Stock, Bank, and Miscellaneous Shares
hu4e shown but little variation from previous quo-
Ott°llB. Bank of London have declined about 10s.
Oman Bank, Crystal Palace, Peel River, and
yaln gal Steam Navigation realised about former

tapby
-'4Bll FUNDS THIS DAY AT ONE O'CLOCK.
(Fmni.the O, coal
List.)
Business done.
'l'lt Ski*
~ Per 0
Nper -,.„64t. Reduced Annuities 921 g
A Ow-, 'eta. Consols Annuities 93i i
44;1, Per Cent. Annuities 92 i
34,731euities, expire sth Jan. 1860 2 7-16
11113d1;; 3() Years, expire sth April, 1885 lB
leclik „,‘6l(
to '11(18, XlO
lisols to
.p4e4 r Accounoto •• • 91 3i
koooegrler Bills, 2id. March. I June.
46p j 2
53p
1) 1%411..
Dliltra-z?RB (:).F."11'0 FOREIGN FUNDS AT ONE O'CLuCH
rat
Per Cent.
..culde• pet Cent., 1825
kw - u Per Cent lOl i
, Bitci,a4,3 Per Cent —
re, -- Account
avi—
bitto,A Bonds 4i per Cent —
ih 3 Per Cent. —
4,,
,t,';) Account
NrTa4,_l3onds, 1622, E St., 5 per Cent lO6
Ttl i!lAn Bowls 5 per Cent.
141' sonde fi p cent _
.1, bitto A.cco ' par
cuezile mit 94i a
bit to Bonds, 41 per Cent
itte ccA
bat eh Disidends on the above pswable in Lond3n.
e-
Ditt ° Exchange, V:, per Coni., 12 Guilders 65
4 Per Cent. Certificates 971 7

Ditto foe°llaols, account accounney
t ..

TWO O'CLOC6.
93i i
94 4

, -
to further dividend of 6d. in the pound has been a.n-
1r,.4ne.,,,eci by the inspectors of the estate of Messrs. Reid,
bay; ' and Co., the amount previously distributed
,43g been is. 6d. in the pound.
the e -Peeth Gazette of the 14th says :—"
4 eldest of the august daughters of the Emperor or
We learn that.
p611,13,tr:!a," the Archduchess Sophia, with lever, like her younger sister.'pAs been attacked
"11PLAGRATION AT CLERKENWELL—During Monday
tighttu a serious fire happened on the premises belonging
ot, A. Gobby, picture-frame maker, situate, at Nki
81,_ Eyre-street-hill, Clerkenwell. Mr. Gobby s wor ICtiupe were consumed, and the other floors destroyed,
kr" t‘be prenaises cf Mr. T. Parnell, broker, No. 11, and
The' Isi- Wolsman, No. 12, much damaged by fire, Ste.
but first named sufferer unfortunately was not insured,
le the other two were respectively in the Hand-in-
ena,,t the
atrnd, Law, and Westminster Fire-offices.
v .LIA-Ifigvnunv AND ADDISCOMBE—We understand
Plans and surveys of the colleges at Haileybury
;nbln" Addiecombe, which have been prepared in order to
e the authorities to decide as to the proposed train-
el' of the latter establishment, are finished, and are now
oder the consideration of the court. In case of the
e'r.iteefer being decided on, the Eastern and northern
des of Haileybury College, with the exception of the
str,ote,"ord' houses, will be pulled down and rebuilt.
l should Addiscombe be retained as the Military Col-
.effe, considerable alterations would be made there, and
at ;,
/antage of HalleY
Plobable an entire new range of buildings would be
erected.
In extent of ground Addiscombe has the ad
nury, there being about 88 acres at
Co.'
LT1)1", to 76 at the latter place.—Smith, Elder & Co.'
.149Metvarel .31 ail.