The Sun.
London, England, 1857-06-23 00:00:00

tv T v F T ,
-yam

O.I*.TD
IJOMMEROJ ILL INTELLIGENCE.

CITY, Two o'CLocK. •
—Liverpool state that the Cotton
Market yesterday closed with an upward ten-
dency, at an advance in prices for most descriptions.
The sales were estimated at 8,000 bales, 2,000 of
Which were taken for export, and on speculation.
The Railway Share Market manifested a dull ap-,
pearance, and prices were a shade lower for all the
leading stocks.
The Committee of the Stock Exchange have ap-
pointed the 26th June as the settling day for the
shares of the Levant Mineral Company, and deal-
ines in them are to be recorded in the official lists.
The Foreign and Colonial Produce Market have
opened this week with a quiet but steady appear-
ance. Privately the operations already effected
have been limited, but large public sales of some
of the principal staples are advertised. The supply
of Sugar will be rather extensive, and prices appear
heavy. Coffee is firm, at full rates, and Tea is dull,
but steady. In other articles there is no particular
variation. Messrs. Smith and Charles's " Tallow
Circular," dated last evening, states as follows :
" The tallow market again advanced in the course of
last week, chiefly for early delivery, in consequence of
the state of the June amount. For other periods we had
no movement until Saturday, when, towards the close,
there was more disposition to buy both July to Sept.,
Oct., and Dec. By advices by telegraph from Retz 180
Rs. is paid for August delivery. Our market has to-
day improved all round. and we leave off-r-Spot and all
June, 82a. ' • Jnly and Sept., 58s. 3d. to 58s. 6d. ; sepa-
rately, 58s. 6d."
The probability of an immediate reduction in
the rate of discount by the Bank of France is still
discussed at Paris, and many well informed per-
sons predict that the alteration will be made next
Thursday. The position of the establishment it is
presumed, would fully justify a modification of the
existing onerous terms, but there are some who
consider that a further slight delay should take
place in order that the precise tendency of financial
affairs may be more accurately determined. Unless
there is some unfavourable movement with which
the general public are unacquainted, the Bank will
certainly take the earlier opportunity afforded
by its actual situation to relieve the com-
merce of the country from at least a por-
tion of those burdens which for months past
exercised such a depressive influence upon all
branches of trade. A reduction of 1 per Cent.
would be attended by very beneficial results ; and
when the issue of 50 franc notes takes place, a
general improvement will no doubt ensue, espe-
cially if any undue extension of speculative enter-
prise is resisted. A disposition evidently exists
to promote fresh joint stock adventure, but if the
evil is carried too fait measures will no doubt be
taken, as on former occasions, to restrain this
species of speculation.
The annual meeting of the South Australian
Banking Company was held to-day, at which a
favourable report was read, `showing the net profits
of the year to have been 41,082/. ls. Bd., from which
the directors recommended a dividend at the rate
of 12 per cent. per annum. The report was satis-
factory as to the general state of the colony, and
the mining interest was looking more prosperous.
A branch had been opened at Port Adelaide. The
report was agreed to, and a resolution was passed
for tile purpose of raising the capital from 300,0001.
to 400,0001., the authority of the Treasury having
been obtained for that purpose. _

There is a moderate demand for money in Lom-
bard-street, but with a freedom from pressure, the
wants of the commercial public being readily sup-
plied. Six per cent is in all cases demanded, and
hence the applications at the Bank are well main-

tained.
The English Stock Market to-day has been
tolerably steady, but there has been a continued
absence of animation, and nothing of importance
has transpired. The speculators for a rise having
large accounts open are anxiously waiting further
advices from India and China, since the course of the
market, it is thought, will in a great measure be
dependent upon the quotations of exchange 'at
Hong Kong and Shanghai. Money is tolerably
easy in the "House," and no difficulty is found in
obtaining loans on Government Securities at the
official rate. Consols have been very inactive at
931 I. The New 3 per Cents. are 921 93k. The
Reduced 921 to 93, and the 30 years Annuities it
18 1-16. Exchequer Bills are 33. discount to par.
Bank Stock it 2121 to 214.
Business iu the Foreign Market is exceedingly
quiet, but most of the securities remain at steady 16'6
prices. Turkish 6 per Cents. have been 96k, and
the 4 per Cent. guaranteed 102. Sardinian Bonds 100
are 89k. Equador 14, and Dutch 23- per Cents. io
65g. 20
The following are the nominal prices of Foreign Vi
Stocks :—Grenada Deferred Bonds, 6k ; Mexican, 20
22i 3; Peruvian 41 per Cents., 77 78; ditto 3 per 20
Cents., 54 55; Portuguese 3 per Cents., 46 47 ; 100
Russian 5 per Cants., 109 111 ; ditto 41 per Cents., 100
98 100 ; Spanish 3 per Cents., 41i 2i; ditto New 2°
Deferred, 25f 26 ; ditto Certificates, ; ditto St.
100
Passive, 5} t.
20

The dealings in the Railway Share Market have 20
been of a very limited character, and with one or two 20i
exceptions, prices have showed but very little vari- 100
ation. Brighton improved 55., and North-Western,
100
Norfolk, and North-Eastern (Berwick) 108. Great no
Western, and South-Eastern have declined about
55., and Caledonian 10s. The French lines are at E
previous values, and the Canadian are inactive. 20
Great Western of Canada, declined about 7s. Gd., 20
and Grand Trunk of Canada advanced 1/. 20
For British Foreign and Colonial Mining shares 20
there was little demand. Wheal Trelawny ad- 20
vanced to 24k, and Cobre Copper toy a
Catherine and Jane Consols are quoted at Bs. to 9s.
Joint-Stock Bank Shares are buoyant. London 10
20
Chartered of Australia have improved ss. Ottoman 5
Bank, 55., and Union of Australia, lOs. 20
Miscellaneous shares are dull. Australian Agri- c
cultural have improved about ss. to 10s., and Na-
tional Discount Company rule rather flatter. 2C

BItITI SH FUNDS.—CLOSING PRICES —THIS DAY.
(From the Officsal Lists)

Business done.

Bank Stock .
3 per Cont. lieduced Annuities 93 21
New 3 per Cent. Annuities 93 2g 3h 21
Loug Annuities, expire sth Jan. 1860 —
Ditto 30 Years, expire sth April, 1885 lB 1-16
Consols for Account,
14:isehequer Bale, Ltd.
£lOOO .......
£560
"PRICES OF FOREIGN FUNDS—THIS DA.Y.
Danish Bonds, 3 pet Cent., 1825 —
Ditto 5 per Cent.,
BluadorNew Consolidated l4
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1856, 3 per Cent
Ditto Account
Sardinian Bonds, 5 per Cent.
Ditto Account B9A
Sp tnieh Bonds, 3 per Cent.
Turkish Bonds, 6 per cent 95/
Ditto Account 262
Ditto Guaranteed, 4 per Cent.
-.-- Midends o the above payable In LonlCll.
js4lch Exchange, 22 per Cent., 12 Guilders 65#
THREE O'CLOCK.
94 i ox d

47

Consols for account, July 9

BOOK POST FOR THE FALKLAND ISLANDS, GAMBIA, I
LABUAN, AND VANCOUVER'S ISLAND.—On the let July
next, and thenceforward, the provisions of the colonial
book post will be extended to books transmitted between
the United kingdom and the following British colonies,
viz.:--Falkland Islands and Gambier by packet ; Van. _
couver's Island and Labnan, by private ship. Upon
book packets addressed to these colonies, the rates will
be as follows :—For a packet not exceeding Vb. in. 11
weight, 6d. ; above ilb. and not exceeding 11b., le. ;
above lib. and not exceeding 21bs., 25., and so on, in-
creasing Bs. for every additional pound or fraction of a
pound. The postage must, in all cases, be paid in ad-
vance;by means of postage stamps. 1
SNOOZING OCCURRENCE AT MESSES. PRICE'S PA- 1

TENT CANDLE MANUEACTORY.—Yesterday evening an
inquest was held on the body of James Rulph, aged
16. the deceased was employed at Messrs, Price's
patent candle manufactory at Vauxhall ; it was his duty
to come in the evening and continue on the premises
during the night, cutting candles in the cooling-room.
About three o'clock on Saturday morning violent
screams were heard in the cooling-room, to which se-
veral of the workmen proceeded, when they dis-
covered the unfortunate youth enveloped in flames,
which were after great difficulty extinguished, but
not befoxe the deceased was frightfully burnt, After
great suffering he died on Sunday evening. Before his
death he said to the nurse that he was asleep near the
gas stove, when his apron caught fire, owing to the
bottom of the stove being out of repair. The jury re-
turned a verdict of "Accidental death," and considered
there was blame attached to the firm in not having had
a proper stove in the cooling-room.