The Sun.
London, England, 1857-11-28 00:00:00

ALONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

, In the Liverpool Cotton Market yesterday a
better demand was apparent, and the tone of the 513;
market was also firmer. The sales wee 8,000
bales, 4,000 .of which were taken for export and St.
On speculation. The Railway Share Market was 25
very buoyant, and prices were slightly higher. 25
The principal topic of conversation in the Cit st.
to-day has been the improved appearance of theSt,
.11
...auk of Enalank returns. Although they still bear st
50
ample testimony to the pressure and inconvenience 20
resulting from the crisis, there is aufficient to show 20
that the turning point has been reached, and that an tuc
htlprovement has set in. These balance-sheets will 1 5(
110%! .be anxiously watched, and tipen them many
21
St
Persons will base their operations in legitimate 2(
trade and in speculation. If they continue to
Indicate an improvement, a decline in the terms of 3,
discount will be predicted, and already conversation 2.
turns upon the prospect of an immediate reduction
to 9 per cent. Some anticipate an altera- 1
thee next week, or on the Thursday fol- E
louring ; but- looking at the present position of
the Bank, it can scarcely be imagined that the
authorities will act prudently in offering increased ss
facilities Until the bullion and the reserve have 1
further increased, and the total stock of the other EE
securities, whichonWednesday stood at 31,350, 7171.,
has been materially reduced. While it is desir- !
able that the trade of the country should be
relieved as speedily as possible, the Dii ectors
Pill perceive the necessity of proceeding cautiously,
lest the results of any premature action should
eventually compel them to retrace their steps.
Through;.
the arrivals of gold, the bullion has
,itioreasect to. a large extent, and the notes
tnave undergone a favourable alteration. The Bank
has been 'a seller of stock to the extent of upwards
of half a million sterling. An addition has been
madeh to the' private as well as the public deposits.
Ille principa 1 items, and the changes they present,
are as subjoined :
Active CircUlation
Decrease 66,105
Bullion 7,263,672
Increase 779,576
Rest
Increase
Public Deposits
Increase
Other Deposits
Increase
Seven-Day and other Bills 815,838
„ Decrease
ki-overnment Securities
~ Decrease
Other Securities
Increase
Notes uipmplayecl
Increase
~Bales of gold have been made almost daily to the
D'
ITalk of England, and, although the parcels are
et, large, tiey are causing a steady
? accumu-
VIo
nin the vaults of that establishment. Yester-
t a further parcel of foreign gold was taken
that
amounting to about 30,000/. It is expected
at the greater part of the 200,0001., en route
ufrom St. Petersburg, will be similarly disposed of ;
'''f,hilo the-300 0001. arrived at Suez, per Simla, and
110 420,0001. on board the Essex, may also be
4°°ked for in the course of a few days.
Yesterday afternoon the Continental exchanges
Were rather flatter.
It is expected that the Hon. East India Com-
pany will send out a quarter of a million sterling 1
by the steamer on the 4th proximo. 1
S
The official return of the exports of precious 2,
ketals from the port of London for the week end- R
Ile Thursday last was as follows : 25
Gold Coin ... Belgium ... 4,700 Ozs. 25
25
„ ~ ...• Boulogne ... 100 I;
Mauritius ... 1,250 I/ ...
St.
Silver Coin ... Mogadore ... 3,200 „
St.
10, ~ ... Boulogne ... 1,200 „
25
,I ti• ... Hombre' ... 21,760 „ 20
, IP Bars ... Hambro' ... 40,000 ~ 20
bilThe Market for English Securities opened very 50
A 'llll4, at an improvement of about A per cent. 10
lian active demand for stock was apparent, and the
Ilk return- produced a very favourable effect. g
rugs. sate', however, have been made by parties ,i-i
ra. trolls of securing their profits, and this has 10
zi,tl.Bed a reaction of at least A per cent. All seen- E
isuea have been flatter in consequence, but there
11,°. cause for the depression beyond sales in reali-
-14
401:'°11 afte r the late advance. Consols have been lta
:'1 i for money, and the 7th proximo. They are
la It
91i i, and for January, 91i 92. The New 1.,
par Cents. are 90a i ; the Reduced, 901 i, and ir
ie 15goer Bills, 4s. discount to par. Bank Stock 100
15i to 216.
Poreign 100
Stocks have been dull, but at enhanced
res.enos 20
Turkish 6 per Cents. are 89k 4 ; Bu 20
41;88 6 per Cents., 81 ; Portuguese 3 per Cents., po
ee Russian 5 per Cents., 1054 ; ditto 44 per I.'N
lel_t8” 05. ; Sardinian 5 per Cents., 89i ; Spanish 20
®w Deferred, 254 • and Belgian 41 per Cents. 96. is:).
followinggjiloe are' the nominal prices of Foreign 00
100
Can ' Grenada Deferred Bonds, sto 6 ; Mexi- 20
3 ' 1-811 ; Peruvian 4i per Cents., 74 76 ; ditto
4.2teAro Cents., ——; Portuguese 3 per Cents. a
Per C ; Russian 5 per Cents., 104 106 ; Ditto 4i 20
eyr Cutts., 94 96 ; Spanish 3 per Cents., 401 414 ;
til 20
ew. Deferred, 25 254. 20i,
tto s
2(N
A The Railway Share Market to-day has been mo- 100
mer....
4 ately active, but the chief business has been the vg
zrangements usual for the settlement of the half- 100
monthly account. Prices have continued to im-
-20
Prove: most of the principal lines being about 1/. 20
higher, viz., Great Western, Lancashire and York- 20
Shire, - ISTorth-Western South-Western, Midland 20
and North-Rastern (Berwick). The Foreign and 20
Colonial lines are also at steady quotations. East 20
Indian improved 10s. ; Grand Trunk of Canada, 2r
11.,. and Great Western of Canada, 10s.
J
oint-Stock Bank and Miscellaneous Shares are
quiet; but steady, previous rates being fully sup- 10
Ported. . .. 20
K

11111-TISH FUNDS.—CLOSING PRICES—THIS DAY
(.From the Officsal List;)
Business dose.
z l lik 43,..k,
215 k 16
$
• ' _
I.er uerit• iced d Annuities 9OA-a
a i
3 Per (:e . ile°
New 'lt, Consols Annuities 9ls 1 A
1,, ! 3 per Cent. Annuities 9oi i i i
tio"'
lore,Viper
41ouu
I sold Account
RlTheci st Bills, 24u.
.tioixii ;
4 d par
£5130 3 d par 1 p
80141
A PRICES OF FOREIGN FUNDS—THIS DAY.
sanenos Ayres Bonds, 6 per Cent. B4
Q.Et.4lgnese Bonds, 5 per Cent., Con. 1841 --
1853, 3 per Cent
ti4Sisu Bonds, 1822, £ St., 5 per Cent lO5l
ii Ditto, 44 per Cent.
ii"inian Bon4s, 5 per Cent.
i'lliski BOuds 3 per Cent.
to' ' '
Ate New Deferred, 3 per Cent-.
Account Ditto -
vetritit.
n Ilonds, G .r cent BB 0} 9]
bitto Account (Dec. 16) B9 B
)3., Dividends on the above payable in London.
sr an 2i per Cent.,
u 43 per Cent.. ex. 25 francs. •
r, 2 TWO O'CLOCK
`g_llB•°l‘, money
Co 1s account (January)
LI,I