The Sun.
London, England, 1857-06-16 00:00:00

Mui4EY IYIARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Liverpool Cotton Market yesterday closed
quietly but steadily, and prices of all kinds were
the same as last week. The sa,'ee were estimated
at 6,000 bales, 1,000 of which were tiken for ex-
port and on speculation. The Railway Share Mar-
ket slightly improved, and prices of all the le: ding
stocks advanced.

A dividend at the rate of 5 per cent, per
annum for the half-year ending the 31st of
December last is recommended by the directors cf
the Chartered Bank of Australia. If this is agreed
to 6,302/. will remain out of the net profits to be
Carried forward.

The silver market is rather quieter, but prices
are maintained.

Accounts from Paris state that business is very
dull, the previous inactivity being incr,ased by the
line,,rtaititv felt regarding the policy of the Bank.
It is confidently stated that, in the event of a re-
duction in the value of discounts, a sudden im-
provement will take place in all branches
of trade, especially in those departments where
long credit is required, and which have suffered
several), from the continuel stringency. The
emission of 50 franc notes will also impart consider-
able relief, but no informat;on has yet transpired
as to the precise period when it will take place,
It is generally believed, however, that the au'ho-
rities will lose no time, as the benefits that will be
confessed are important, and cannot be too soon
secured. The accounts rel .tive to the grain crops
ate very satisfactory, and a good harvest is expected
With regard to wine and silk also the advices are
encouraging.
The railway calls having to be paid during the
current mouth are as subjoined :

call. amount
2 s. £
Buffalo and Lake Huron..., 2lO 50,000
Great Southern and Western, Ireland,
100,010/. Reserve, &c., Stock
Metropolitan .. , OlO 25,000
Nassau
Itiga to Dunaburg
Sittinghourne and Sheerness 2 0 10,00)
South Yorkshire, 20/ ... 1 0 27,532
Ditto, 1 0 3,273
*Ulster forfeited shalo/ res, issued at 5 pm. 25 0 40,425
Worcester and Hereford 1 0 46,000

Total..

£389,230

The demand for money at the present moment is
exceedingly active, and some return of the recent
Pressure is temporarily felt. Although this arises
chiefly from the requirements of trade, the s-ttle-
Ments in foreign stocks and railway shares
have, no doubt, caused increased activity among
the bankers and bill-brokers. At the Bank of
England as well as in Lombard-street the applica-
tions for loans, and discounts are numerous, and
hence it is not generally presumed that any imme-
diate reduction in the official terms will be
effected, notwithstanding the large influx of
bullion. It is feared that the next weekly
return will exhibit an augmentation in the
amount of other securities, which will partly
detract from the favourable appearance it may
otherwise present. The full rate of 6i per cent. is
firmly maintained, even for the best descriptions of
commercial paper.
The Edward Thornhill has arrived from Austra-
lia, but corning from Adelaide she conveys no
elpecie. _ _ _

In the English Stock Market the business re-
Corded is not very extensive. At the commence-
went the quotations were firm at the improvement
quoted yesterday, but since then, owing to a
tew sales, less firmness his been visible..
In the absence of real investments, conse-
quent upon the closing of the transfer books,
the market is easily swayed to the extent
of 1-16, or per cent. by a small sale or purchase.
Consols have been 93f g, but they are now flat,
being 93 to 93k. Exchequer Bills have been 3s. to
68, discount, being flatter, and the Bonds were
981- I. New Three per Cents. have been 921 to
93k, and the Reduced 92a I.
A very dull market has existed for foreign stocks,.
d some of the quotations are flattter. Turkish
o Per Cents, have been 96 for money, and 961
for account. The 4 per Cents. are ICII Russian
43/4 per Cents. 98 to 981, and Sardinian 89 to 89k.
r. The following are the nominal prices of Foreign
stooks:—Grenada Deferred Bonds. 6 ; Mexican,
; Peruvian 4. per Cents., 76 77 ; ditto 3 per
~_Cents., 52 54; Portuguese 3 per Cents., 46 47 ;
Russian 5 pet Cants., 1(18 110 ; Spanish 3 per
Cents., 42} 421; ditto Deferred, 26 ; ditto Cer-
tificates, 61 7 ; ditto Passive, 51 6.
The Railway Share Market has exhibited a
slight further improvement in quotatinn,, and a
considerable amount of business has been dune in
the shares of most of the leading lines, at advanced
Cate lonian and North-Eastern (Berwick)
Ouproved ss. ; Great Western, Lancashire and.
xorkshire, South Western, Manchester, Shef-
field and Lincoln and South Wales, 103., and
great Northern, 1/. to 1/. ss. The French lines
were inactive, Ntlitiern of France advanced ss.
The Canadian lines were flat. Grand Trunk of
Canada receded 10s., and Great Western of Canada,
°B. The East Indian improved ss. to 10s.
In Mining Shares the dealings are unimportant.
k John .13,1 Rey declined to 13k, and Cobre Cop-
Per have improved to 51k.
Joint-Stuck Bank and Miscellaneous Shares
cave been almost at nominal valet s. London
421 d Westminster Bank and Crystal Palace were
des t in at about previous values.

t RITISH FUNDS THIS DAY AT ONE o'CLOCK.
(From the Official Last:)
Business done.
8 Per Cent. Reduced A.nnuitlas
IPer Cent consols Annuities Shut
New 3 per Cent. Annuities U3 2i 3h 2i
'o,lg Annuities, expire stt, Jan. IS6O
Ditto 30 Years, expire 10th 1859 2 3.16
Ditto 30 Years, expire sth April, 0ct.,885 IBA
Consols for Account, - • 931 i i
Exchegner Hills, 20. I
£lOOO -
£5OO 1 p 1
Small .. .. - lp 3
Ditto Bonds, 1858, 36 per Cent. ... ......
Ditto 1359
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Rita ;inn Bonds, Istlti, t St., 5 per Cent —
Ditto, 46 per Cent.
krdinian bowls, . per Cont.
TElrkio, ironds, r,', par cent 96
Vito Account
Ditto Guaranteed, 4 per Cent.
Ditto Account .
4i, Wende 0,.1 the sew° izyaoi. i- - - n.
TWO O'CLOCK..
Console for Account

THE SOCIETY OF ANTIQUARIES.—A. very valuable do-
nation of books has been made to the library of the
Society of Antiquaries by one o its Fellows-I%lr. J. R.
Tyssen. The coileciion amounts to nearly 500 vols.,
4hd they relate chiefly to London and its suburbs.
It is officially announce.] in the Tablet that the period
for which the Rev. Dr. Newman consented to under-
take the post of head of the Catholic University, "which
,b? has founded and built up, is about to terminate." Dr.
..F4ewman, it is pleaded, is anxious to return to his home,
bin missionary labours, and his books at Edgbaston.
GLASGOW, JUNEI3.—COTTON.---In our cotton-market
during the week there has been daily a fair trade de.
rnand, but as holders have been asking higher prices
than buyers were willing to give the business done has
not been large. Where, however, the necessities of
buyers have obliged them to purobase they have bad to
pay id. advance on the rates of last week, and we raise
our quotations accordingly.
A. NOVEL WAY OF DISPOSING OF A PRIZE ESSAY.
—ln the North British. Advertiser a prize, of 1001. is
offered for the best temperance tal-, and a certain model
is pointed out (price one shiiing) which the competitors
are to follow. As the number of writers of twaddle of
the pr:z-s essay kind is legion, an enormous sale may
be justly anticipated, so that the unsuccessful authors
will have at least the satisfaction of contributing to the
Prise money.
FIE THAT DOES YoU AN ILL TURN WILL NE'ER FORGIE
Von (Scotch).—" The injurer reeer pardons"—(ltal.)
Since I wronged you I never liked you." (Spanish.)
The same thought is expressed by Tacitus :—"lt is in
the nature of man to hate one who you have injured."
-Voltaire wrote to a person who had behaved very badly
to him, " I beg your pardon for having been treated
ecurvily by you."
A FREAK OF NATuhE.—The Gazette of Berbice pub-
lishes the following account of a strange phenomenon:—
"One of those mysterious occurrences, the junrtion of
twins before birth, was exhibited on the 7th instant at
Plantation Adelphi. A woman was safely delivered of
two female children, joined together in the breasts and in
the heads. One face was perfect, the other was imper-
fect, of an angular or hatchet shape, while the back of
the head was distinctly formed. They were also three
ears, four hands, and four feet, forming twu complete
infants, with the exception we have mentioned. They
Were of the £4;Z9 of ordinary full-grown children, but they
only survived a few hours after their birth. Dr. Alex-
ander, on plantation Rosehall, has preserved the bodies in
epirite, so that the curious who pass that way may have
Ikn opportunity of beholding this extraordinary freak of
nature, the permission for which we feel assured Dr.
Alexander's courtesy will readily accord to all who pro-
perly apply."
"STRAIN AT A GNAT AND SWALLOW A CAMEL."—A
writer to a contemporary save :—" We read in the
ilaok of England returns of 'Friday, that the Govern-
ment deposits in the hands of that corporation amounts
to upwards of seven millions of money ; which, at
Present interest, produces, cr would produce, if pro
perly used, nearly half a million per ai num • and yet
the, very men who sanction this waste of public meaty
begrudge our (Nee-6's dangbtel a paltry dower o;
8.0001, per annum."