The Sun.
London, England, 1857-09-15 00:00:00

MONEY MARKET

AND
CO DI MER,CIAL INTELLIGENCE.

CITY, Two o'CLocK.

Letters from Liverpool mention that the Cotton
Market yesterday closed with an upward tendency,
at extreme rates. The sales amounted to 12,000
bales. The Railway Share Market closed quietly,
at previous prices.

In the Colonial Produce Markets business con-
tinues quiet, and the public sales advertised for
the present week are rather limited. For sugar the
inquiry is not very brisk, but the supplies are
small, and refined sorts realise former values. Up
to the present time the imports this year have been
12,000 tons less than 1856. Coffee is steady. Tea
remains at full rates, and rice is quiet. Tallow
is flat, and Y.C. is 623. per cwt. on the spot.
Messrs. Smith and Charles's circular, dated last
evening, states as follows :

The tallow market has been quiet to-day, several par-
cels having been pressed for sale for cash down to-
morrow. The market gave way nearly is. per cwt. i❑
this position, and business at 61s. 61. for more distant
Periods ; the market was steady without much doing.
The advices from St. Peter burg by telegraph to Satur-
day quote 182 re., September, 183 to 184 ; spot, ex-
change, 371. The market leaves off quiet. Spat, 625. ;
October and December, 595. 61 ; October only, 60s ;
January and Marcb, 593. 6d. to 9d. ; tallow oil, 41s. ;
do. (Elaine) 565. ; town tallow, 623. net cash ; all
September, 618.6 d. to 61s. ; December only, 603. sellers;
South America, 625., let sort ; palm oil, 47e. ; cocoa
nut nil (Cochin) 50.3. to 50s. 101 ; do. do. (Ceylon) 498.
to 49a. 10d.

Upwards of 50,0001. in gold, chiefly Russian,
Was sold to the Bank yesterday, the export demand
for that metal being temporarily suspended. It is
not expected that the remittances by the Ripon on
the 20th, will prove very large, especially as the
Bombay exchange is reported lower. The Calcutta
aivizes are very meagre, but the quotation in that city
has no doubt also receded. Silver continues
but small supplies are still arriving from the conti-
nent. Yesterday the Clarence bro Tilt nearly
60,0001. from Antwerp, and the Seine nearly
20,000/. from Boulogne.
It is stated, in advices from Turkey, that tin
projected Government Loan would probably le
undertaken by the Credit Mobilier of Vienna, but
as that Company's regulations prohibit participation
in Foreign schemes, the sanction of the Austrian
Government would be first required. There can be
no doubt that the Sultan is in a very embarassed
Position, and for some time past he has been com-
pelled to raise means in small amounts and at
usurious rates of interest, to supply the most press-
ing wants of the State. Finding no encourage-
Inept in tiro French or English money markets,
the attempt will no doubt be made in any quarter
Where there is the least chance of success.

The general mecting of the North of Europe
Steam Navigation Company has been held to-day—
Mr. 0. Morrison, the chairman of the new board,
Presiding. He regretted the time the new board
had been in existence had been so short that they

could not give shareholders any opinion as to the
future.- The total loss was 187,167/. Th 3 direc-
tors hoped to sell as many ships as would produce
60,000/., so as to adopt whatever course might be
found expedient. He regretted that many idle
reports ,had been circulated about their vessels,
*which only tended to hinder the sale of them, and
Prejudice the favourable winding-up of their affairs.
The chairman concluded by moving the adoption
of the report, which, from all appearance, was likely
o be carried.

The demand for discounts is rather less pressing,
but no relaxation in the terms can yet be reported.
In a few instances, where the paper offered for ne-
gotiation is of a very superior quality, a concession
of or even per cent. may be made, but the full
rate is generally maintained.
The English Stock Market is still in a very
apathetic state, and the advices from India have
failed to create any decided influence. An unfa-
vourable tendency, however, is visible, and the de-
pression of the stock markets of New York and
Paris would almost appear to have some sympa-
thetic effect. The accounts from the E Ist are con-
-Bhkred very uusati4actory by many of the opera-
tors, but business is exceedingly dull, and the
daily transactions are unimportant. Consols for
money were 904 f, and for account 90a it.
Exchequer Bills are 7s. to 3s. discount, and the
small ditto 2s. discount.

scarcely half a dozen bargains aro recorded in
the Foreign market. Turkish 6 per Cents. have
be flat at about 95 to 951, and for the next ae,..
Count 951 Spanish Deferred were 251, and Por-
tuguese 3 per Cents. 45i.

The following are the nominal pikes of Foreign
stocks :—Grenada Deferred Bonds, 516 ;
Can, 21a ; Peruvian 4i per Cents., 79 80 ;
?oituguese 3 per Cents., 45 46 ; Russian 5 per
Cents., 109 111 ; ditto 4h. per Cents., 97 99 ;
Spanish 3 per Cents., 401 1 ; ditto Deferred, 25g ;
ditto Certificates, 5/ 6 ; ditto Passive, 51 6.

The Railway Shara Market this morn;ng has been
rather active, but the business has been for the
most part in connection wi.h the settlement of the
account., and prices have shown a downward
tendency. Great Western, Midland, Scottish
North-Eastern, and South-Eastern were 5s lower ;
Caledonian, Brighton, Nor,h-Western, and Nor-
folk, 10s. ; and Great Northern, 11. In the
Foreign lines prices were quite nominal, no busi-
ness having been reported. The Colonial under-
takings were flat. East Indian declined 10s. ;
Great Western of Canada, ss. ; Grand Trunk of
Canada, 21.
Mining shares were quiet. United Mines brought
140 ; Wheal Edwards, Bi, and East Bassett 52.
Joint Stock Bank Shares are dull. London
and Westminster declined ss. ; Ergliih, Scottish,
and Australian, ; Union of London, Oriental
hank, and Ottoman Bank, reali.:el previous quo-
tations.

Miscellaneous Shares are quiet. Crystal Palace
Preference Shares are at 4. ; London General Omni-
bus Company, 3i 3 ; Peninsular and Oriental 70i.

B FUNDS.—CLOSING PRICES—THIS DAY
(Iroin the Official List,l
Bus Imes dere.
3 Cent. Consols Annuities fo.l.
sois for Account, -•••• 901
.z.the.rer 13111 s, zld.
. .....
S .....
PRICES OF FOREIGN FUNDS—TIT IS DAY.
Mexican 3 por Cent 2ll
Peruvian Bonds, 4i per Cent
Portuguese Bonds, 5 per Cent., Con. 1641 --
Ditto 1853, 3 per Cent 451
Russian Bonds, 1822, i; St., 5 per Cent ---
Ditto, .4 per Cent.
SAlniEb. Bova's, ;3 per Cent.
Dittc New Deferred, 3 per
Ditt,.. Passive .
Turkish ixmds, 6 par cent 95 h
Ditto Account 95
Ditto Guaranteed. 4 per Cent.
Venezuela Bonds, 41 per Cent IIA
Dividends on the above payable in London.
711RE.E O'CLOCK.
Consols,"monoy
Consols for account, October 14 90,1

MAKE NEWS.—(his Day.)

-- ,C....-.--

HAY MARKETS

SMITHFIELD.--Meadow hay, 21 103 to 4/ ss; clover,
41 54 to 5/ 83; and straw, 1/ Gs to 11 10s per load.
Trade dull.
CUMBERLAND.—Meadow hay, 21 123 to 4/ ss; clover,
3/ 158 to 5/ Gs ; and straw, 11 63 to 1/ 103 per load.
A slow inquiry.
WHITEOIIAiEL.—Meadow hay, 2/ 13s to 4/ 5s ; clover
3/ 123 to 5/ 83; and straw, 1/ 63 to 1/ 10$ per load
supply good, trade dull.