The Sun.
London, England, 1857-09-14 00:00:00

4,04

-r1 LI,
.T

AND

CO.7.IIIdERCIAL ItrrELLIGENCE,

CITY, Two O'CLOCK.

The Liverpool Cotton Market on Saturday exhi-
bited an upward tendency. The sales were 10,030
b ties, 2,000 of which were taken on spcculatioe.
The Railway Share Market was very quiet, and
prices were merely nominal.
There continues to be an active demand for
discounts in Lombard-street, and at the Bank, and
the consequence is that with very -few exceptions
the full rate of 5i per cent. is exacted for first class
bills, while those of an inferior character are un-
negociable unless on still more onerous terms.
Throughout the autumn the inquiry is generally sti-
mulated by extended commercial operations, and a
considerable sum is absorbed in Revenue collec-
tions, and other payments. It is, therefore, deemed
improbable that any relaxation in the Bank policy
will occur at present, the tendency being rather in
the other direction. At the same time, however,
there is au ample supply, the enticing allowance
Made by the Joint-stock and Private Banks for
deposits " on call" or at shell period, placing the
discount firms in possession of large sums. When
the October dividends are paid increased relief
Will-no doubt ensue, but they are not expected to
'occasion any permanent ease, the employment for
capital being very rapid and extensive. The im-
provement in the general position of the Bank of
France is a satisfaltory feature, and if its adminis-
tration are not compelled to make large purchases
.
of gold in this country the progress of our Money
Market will perhaps be more favourable than many
imagine, .but there is still an important drain to
India, which will prevent a rapid accumulation of
the precious metals. During the next month or
Six weeks a large influx of gold is expected, up-
wards of a million and a quarter being en route, and
most of it probably new at hand, from the An-
tipodes. About 480,2761. he's been announced this
morning, viz., 10.6001. per Arabia, from the United
States, 174,2501. per Atrate from the West Indies
and Pacific, 200,7841. per Montmorency from Vic-
toria, 91,5221. per Star of Peace from New South
Wales, and 3,1201. by the Tagus from thp
Peninsula.
Last week the imports of specie were estimated
at 200,4771., and the exports at 262,0041.
The commercial accounts from America are de-
cidedly unfavourable, the panic in Wall-street
having caused a severe "run" on several of the
Principal banking institutions. The failure of the
Ohio Trust and Lan Company has impaired con-
fidence, and having been followed by that of the
Mechanic's Banking Association, the depositors in
the Bank of Commerce, the Metropolitan and the
Nassau Banks, bad become alarmed. All specula-
tive securities were naturally very depressed. The
City Banks were contracting their loan and dis-
count operations, and during the week ending the
29th ult., there was a decline in this department
of 750,1334
Money is in active demand, and full rates are,
ha almost all cases,, exacted.
The English Funds have not been favourably
influenced by the Indian news, or the influx of
gold and silver mentioned above. The speculators
appear timid, and they prefer waiting the receipt
of additional particulars. The state .of the Paris
Bourse, the decline in the New York Exchange,
and the small amount brought from America in
consequence, are considered unfavourable features,
and, as such, add to the flatness of the market.
Consols have been 90i I and 90 for money,
and for account 902 91; the prevent prices are
90 and 9014 respectively. Exchequer Bonds
are 98i.
Foreign investments are very dull, but prices
are generally maintained. Turkish 6 per Cents.
have been 95/ to and 951 g. They are now
954 .11. The 4 per Cent. guaranteed 'are 991.
Spanish Deferred, 25i ; Russian Small, and
tqnador New Consolidated, 131. The committee
of Spanish American Bondholders have announced
the failure of their negotiations, and Mr. Mocatta's
Mission to Caracas for the purpose of obtaining', a
settlement of the Venezuelan debt. _ _

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 51 6± ; 111 ex
can, 21g- ; Peruvian 4;. per Cents., 79 80
Portuguese 3 per Cents., 45 46 ; Russian 5 per
Cents., 109 111 ; ditto 4; per Cents., 97 99 ;
Spanish 3 per Cents., 401 ; ditto Deferred, 251. 1 ;
ditto Passive, 51 61.
Abqut an average amount of busine3s has been
done in the railway share market this morning, but
a slight downward tendency may be noticed in
Some of the principal lines. The arrangements for
the settlement on the 16th inst. being in some
instances already in progress, East Anglian, Great
Western, and North Eastern (York) declined ss. ;
North British 10s., and Shropshire Union 10s. ;
Lancashire and Yorkshire and South Westel n
advanced ss. ; and East Lancashire and Mid-
land 10s. The Foreign and Colonial lines ate
'very] quiet, and at almost nominal quotations.
Namur and Liege are a shade lower, and Grand
Trunk of Canada have declined rally 11.

Mining Shares are dull at about previous quota
tions.

A very limited business has been reported in
Joint Stock Bank Shares. Bank of London have
receded ss. ; Ottoman Bank, ss. ; and English,
Scottish, and Australian Chartered, ss.
In the Miscellaneous Market only two transac-
tions are reported, National Discount Com-
pany at 31, Electric Telegraph, which have de-
clined to IC4.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK
(From the Official List;)
Buetners done.
3 per Cent. Consols t nnsitice ooa 3
C), sou Tor Account,
Frchequer Bowls, 1858,34 per Cent.... 98A
Ditto, 1359
_ _

PRICES OF FOREIGN FUNDS AT ONE O'CLOCK
Equador New Consolidated .. 134
RusAan Bonds, 1822, St., 5 per Cont....
Ditto, 4i por Cent.
Ditto Small
En knn-li roads, 3 per Cant.
Ditto New Deferred, 3 per
rtLritibli Ponds, 6 per cent 95
Ditto Guaranteed, 4 per Cent.
Dividends on the above payab!e" in London.
IWO O'CLOCK
Consols, money
Consols account 9oi a

...... 991

We regret to see in the liLterinan an announcemen,
of the death of F. D. Finlay, Esq., of Belfast, which
took place at Gleneriu on Thursday. Mr. Finlay was,
for upwrrds of a quarter of a century, proprietor of the
leading liberal journal of Ulster, the Northern Whig.
The Bath gazette states that Chrlstopher Bowells, the
collector of the poor rates for Bradford Union, has
recently absconded, taking with him about 2001, belorg-
ing Ito the guardians.
[ADVERT'S ANENT. 1— SIGHT AND HE ARING -- SPECTACLES
POWERFUL TELESCOPES OPERA, RACE, AND PERSPECTIVE
GLA SSES. —S. and B. Solonions, opticians, 39, Albemarle-
street, Piccadilly. Obsceve—opposite the York Hotel, W
By her Majesty's Royal Letters Patent for valuable and ex
traordivary improvements in- the most powerful and brilliant
Telescopes, Camp, Race-course, Opera, and Perspective
Glasses, to know the distances. These Telescopes possess
such extraordinary power that some, three and a-half inches,
with an extra eye-piece will show distinctly Jupiter's moons,
Saturn's ring, and the double stars ; with the same telescope
can be seen a person's countenance three-and-a-half miles
distant and an object from 16 to 20 miles. For the waist-
coat-pocket, and are of larger, and all sizes, with increasing
powers acmclingly. The Royal Exhibition, 1851. —A valu-
able, newly-invented, very small, pc; Nerful, Waistcoat-pocket
Glass, the size of a walnut, by whic:s a person can be seen and
known one and a-half mile distant 'Amy answer every pus.-
pose on the Race-course and at the Opera-houses. Country
scenery and ships are clear:y seen at 12 to 14 miles. They
arc invalualile for shooting, deer•stalking, yachting, to
sportsmen, gentlemen, gamekeepers, and tourists. Opera,
Camp, Perspective, and Race-course Glasses, with wonderful
powers.--Invaluable preserving Spectacle Lenses of the
greatest transparent power The great ad.v? n :age derived
rem this invention is, that vision impaired becomes pro
served and strengthored and very aged persons are enabled
to employ their sight st she most minute occupation— can see
with those lenses of a much less ma reifying power—and
they do not require the frequent changes to the dan-
gerous effects of flirt:bet. powerful assistance. Persons
can be suited at the most. remote part of the world by send-
ing one of the glasses out of their sr. 3ctacles in a letter, and
stating the dist ,1100 from the eye they can read ,rnall irint
with it, and those who have not made use of spectacles by
staling their ago. r e DiFeovery.—The Organic
Vibrator, as ex.raordirari'y powerful, small, newly-invented
Estrume,,t for clentnefs, enCrely different from all oth-rs:,
surp:sosing anythir g of the kind that has been, or prol2,3J.Ay
can, be produced. Being of the same colour as the skin, is I
not perceptible. It enables deaf persons to hear dis!inetly at
churchaud at public assemblies ; the unpleasant sensation c f
singing noises in the ears is entirely removed, and it affords
all the assistance that possibly could ho desired.-31. Alto.
nearle.stroet, Piccadilly.--Opposite the York Hotel, W.