The Sun.
London, England, 1857-04-02 00:00:00

AI 0 7Y N " .i.b

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLooK.

Advices from Liverpool state that the Cotton
Market ygsterdpy closed quietly, but firmly, and
compared with, Friday's rates prices of all kinds
were unchanged. The sales were estimated at
between 6,000 and 7,000 bales. The Railway
Share Market was less active, and prices slightly
receded. .

The Ecuatorian Commission of Agency have re-
ceived a farther. remittance of 2,664/. 2s. 7d. on
account of Ecuador dividends.

A special meeting of the Australian Agricultural
Company was held to-day to receive the report of
the committee of investigation. Mr. Radenshaw
took the 'Chair. The meeting 'was addressed by
Mr. De Salis, who said it was mainly
condemnatory of the conduct of their agent,
Capt. Brownrigg, and the.loose, unsatisfactory ac-
count, from the colony, which the directors had a'-
lowed to pass, although from them the committee
could not ascertain what waS the: cost of road
making, what 9f sheep farming,. or the expense of
the staff. oft: comPany.,•. The directors
ought to haveo cleared up the discordant state
of the accounts before ....this; for, as far as
he could make out, there had been 4,000/. al
ready spent in roadmaking. The committee, in
short, recommended that the capital account should
be closed, the mines leased, the London expenses
reduced, and tl;e lands put: up for sale to emigrants
from this country. The report of. the committee
was replied to by the "chairman, who.was left speak-
ing at the time of this despatch...
The fears expressel with regard to the proba-
bility of the Bank Directors raising the terms of
interest and discount are found not to have
been without pod foundation. • After a protracted
sitting (almost, an hour and a •half) the autho-
xites have resolved to' increase the rate for
the negotiation of, paper and- for granting
loans from 6to 64 per cent' This measure is cer-
tainly one of the most unsatisfactory character that
could have been adopted, but it was forced upon
the directors by the pressure for money and, the
efflux of gold. :Withother.securities amounting to
nearly 20,000,0001. a cautious policy-was dictated,
and the consequence is the imposition of increased
restrictions. Thus the various and confident pre-
dictions of an early
.return of abundance'and ease,
so freely expressed at the beginning of the year,,
have proved erroneous ; and although the aug-
mented stringency may not be of long continuance,
the present step will have a prejudicial effect upon
the trade of the country, and perhaps hasten the
failure of. many firms whose position is uncertain.
A further decline of 4 per cent. in the English
Funds has taken place. This continued weakness
is solely to be attributed to the unsatisfactory con-
dition of the Money Market and the drain of gold.
The fact,. too, that the White Star has brought
only 80,0001. has tended to increase the depression
of the market. Before the Bank meeting separated
Consols were 931 4 for money, 93i for the Bth in-
stant, and' 94 94A- for May. They have since been
respectively 93i a and 931 4. Bank. Stock for ac-
count is 222. Exchequer' Bills (March) were par
to:3s. premium, and the June, ditto, ss. to is. dis-
count. • .

The Foreign Market has also remained in a dull
state, and in Soma cases lower prices have been
e3tablished. Turkish 6 per Cents. have been
97g0 I, arid the 4 per Pents 1011. Spanish 3
per Cents. are 41i ; Ditto Deferred 25i. Russian
5 per Cents. 105, Portuguese 3 per Cents. 451, and
Buenos Ayres 85k. Peruvian 4i per Cents. have
been dealt in at 76i to 77. _ _ _

The following are the nominal prices of Foreign
itoCks :—Grenada Deferred Bonds; 63/4 7 ;
231 ; Peruvian, 76 8 ; do. 3 per Cents.;
53 5 ; Portugues3 3 per Cents., 443/4 53/4 ; Russian 5
per Cents., 105 7.

. . .
The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
1857. 1856.
Great Western -• • £25,395 £26,549

North-Western

57,849

South Watern . .

12,171

14,479

Brighton
Midland

10,529
28,702 ,

12,919
28,316

3outh-Eastern

14,318

17,113

Caledonian

11,855

10,683

Great Northern • •
Lancashire and Yorkshire • •
Bristol and Exeter

20,102
21,415
5,473

19,030
21,074
•-6,451

Chester and linlyhead
East Lancashire • • •
Lancaster and Carlisle.

4,773
5,808
5,471

4,565
6,192
5,031

Slanchester, Sheffield,•and Linen) n
North Stafford

North London

Oxford, Worcester, and Wolverh
Ulster

Edinburgh and Glasgow
Glasgow atid South• Western
Scottish North• Eastern

5,323
6,035
3,356

5,293
5,674
3,296

Grand Trunk of Canada
Great Western of Canada....
Northern..a France

11,437
10,468
37,078

4,823
8,307
32,594

A very moderate business has been done in the
Railway: Share Market this morning, and prices
in several instances have shown a downward ten-
dency. Eastern Counties declined 55., Great
Northern. 55.; Great „Western ss. to 14,
Lancashire and Yorkshire 55., Brighton 10s.,
North-Western 55.; • SOnth-Western 55., Man-
chester, Sheffield, and Lincoln 10s, Mid-
land 14; NOrth *Eastern (Berwick)• 10s., Ditto
York 10d. South-Eastern improved about ss.
The French and Canadian lines have also been at
reduced .values. Paris :and Lyons have receded
55., Northern of France 55., Eastern of France 55.,
and Southern of France 'ss. Grand Trunk of
Canada have declined . 21., . Great Western of
Canada SS, and East Indian 15s.
In Mining Shares there is little variation to re-
port. Alfred Consols realised 22k ; Fortuna ;
Noveau. Monde k ; and United Mexican k.
Joint• Stock Bank Shares rule exceedingly dull,
but in one or two instances a slight advancement
has taken place. Union of Australia advanced
about ss.
In the Miscellaneous undertakings the dealings
are limitigd. AustraliattAgricultural declined ss. ;
North of Europe Steam, 10s. ; Peninsular and
Oriental Bbeam adVanced.about 10s.

BRITISH FUNDS, THIS DAY AT ONE O'CLOCK.
• (Fran the Offiaal List;)
ftrionns3 don't)
3 nor Colt. Consols Annuities 94 A
Bank Stock for Account
Cons Zor Acconu~. . , 93s i .
, .
It:chequer Ella, 244. March. 1 June.
£100!)
£5OO — 11 5 d
4- 1 5 5 d

Omni! . 4 p
Ditto Bonds, 1858,3; per Cent. .... . . 9.3' i
Ditto,lBs9 .... -
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK
8 ra,zitian'Bonds, 5 per Cent. • • • lOO
Buenos Ayres Bonds, 8-per Cent. • B5
Peruvian Bonds, 4; per Cent --
Ditto Aecount .. • 784 7
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent. —
Ditto Account • • • 451
an-ssian 80nd5,1822,• X St., 5 per Cent lO5
Sardinian Bowls, 5 per Cent,. .. ........
Ditto Account .... . 9oi •
Spanuh 'Bonds, 3 per Cent. • —
Ditto Account • •
1 Ditto New Deferred, 3 per Oen. < —
_ ..

Ditto Account 2sk
`74

Turitibh 'Bonds, 6 per cent • 94
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account • • , . lolh
Vic foeiran on the above payable in Londcn.
•" ' • • • . TWO O'CLOCK,
Consols, money ' 931 $
Ditto for account , 931 if
Ditt'd May Account . ~.,

We are sorry to Hay that Lord Chief Justice Cock.
burn is Buffering from an attack of bronchitis and in.

fluenza,

MEXICAN BONDHOLDERS.—The following is from the
Committee of ,Mexican bondholders "The committee
hays feeeivea advices from Mr. Whitehead, dated
xico;. the 3d ultimo. He advisee baying sent $4,598
18c. to Vera Cruz for tLis packet, but there is no account
of their,baving been shipped from Vera Cruz, and the
'packet brings no other remittances for the dividend fund.
Politics were getting into a more settled state, but the
Conga s, by absolving Senor Degollado from responsi-
bility in the Barron' question, had again stirred up the
embers.of that dispute.. It, was
,supposed that Senor
Fuentes, late Minister,of Foreign Affairs, would be ap-
pointed.to succeed. Senor. Ledro in the Department of
Finance." • •
MADAME TASSAUD'S EXHIBITION.—Portrait Models
of Lord Derby and the Right Hon. B. Disraeli haie
been lately ridded to the. exhibition. Both of the elo-
qtrent •statestnen are represented in. splended court
dresses, dark blue coates elegantly embroidered with
gold. The likenesses are most faithful, and the figures
are admirably constructed. • •