The Sun.
London, England, 1857-08-25 00:00:00

MONEY m ARK ETa

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Liverpool Cotton Market closed with a very
active appearance, and prices were well maintained.
The sales amounted to 15,000 bales, of which 2,000
Were taken by the speculators, and 1,000 by the
exporters. The Railway Share Market cl, sod
quietly, and the quotations were without any ma-
terial change.
The Foreign and Colonial Produce Markets have
?Pencil with a firm appearance, and as the demand
Is active, full rates are current for all the principal
staples, including sugar and coffee.
A call of 151. per share has been made on the
shareholders in the London and Eastern Banking
Corporation. In April last estimates were formed
of the probable assets and liabilities of this sadly
Inisraanaged undertaking, and it was then repre-
sented that the ultimate loss would probably not
exceed a few pounds per share in addition to the
,c,apital. The Oriental Bank consequently undertook
the liquidation, but to protect themselves induced
the shareholders to give their promissory notes at
twelve months for 501. per share. The unfortu-
nate proprietors consequently imagined that they
*would not be required to make any payment until
that period, and they have consequently been much
surPrised by this call of 151. per share. The com-
mittee state as follows :—" The progress which has
sbice.been made in the liquidation under the man-
agement of the committee, has enabled them
to form a more correct estimate of the banks'
Position. In the report to the shareholders,
made at the general meeting on the 20th July, the
deficiency is stated at 12,7101. and it was expected
that a sufficient proportion of the available assets
could be realised in time to meet current liabilities.
In both points, however, the committee find
themselves disappointed, an extension of time
being absolutely necessary for the advantageous
disposal of the more valuable properties, while
subsequent estimates have considerably reduced
the amounts to be looked for. Under these
circumstances, being disappointed of the large
amount which they expected, and funds being re-
quisite to answer immediate and pressing demands,
the committee have no alternative but to require
the shareholders to pay up on or before Tuesday,
15th of September next, the call of 151. per share
Payable on the 24th April ultimo. The amount of
the call will in each case be written off the pro-
missory note of the shareholder who makes the
PaYnaelit in reduction of the amount claimable from
'lira under his note."

meeting is now being held of the shareholders
44 the Bank of Egypt. The directors recommended
that out
of the net profits a dividend be declared of
6 Per cent., free of income tax, on the capital paid
'P, amounting to 11,2501., which leaves a balance
Of 1,771/. 93. 10d. to be carried forward to the
text account.
The h.-di-yearly meeting of the Norfolk Railway
company was held today. The report stated
that the receipts in the six months had been satis-
Zt°rY, the revenue due to this company being
-'9°o/., or 1,7001, more than on the last ccoasion.
't dividend of 30s. per cent. was declared on the
consolidated stock of the comp:111Y.
It has been determined to wind-up the lately
Projected Geelong and Ballarat Railway Company,
the undertaking not having been favourably re-
ceived in the colony.
The silver market remains quiet, but prices are
unaltered. Bars are worth ss. 111 per oz. stand-
ard, those brought by the last steamer having
been sold at that quotation.
There is a moderate demand for discount accom-
kodation, but there is no alteration in the rates,
Which, out of doorß, are still below those current
at the Bank of England.

The public Funds have been buoyant this morn-
ing, and the operations f,r a fall are evidently kept
in check by the satisfactory accounts of the harvest,
the decline in wheat, the easier state of the Money
Market, and the gold arrivals. All these consi-
derations are most important, when viewed
itl connection with financial profits, espe-
cially ‘.51 the assurance given by the Govern
ent
that no Indian loans will be required
Present, has removed all apprehension on that
Point
• The excitement produced by the advice
received from the East on Saturday, also has sub-
sided and hence the improved market fur the
-1146, although business may be considered quiet.
0
4.-I°'l,3ols have been 90/ -; for money, and 90'4 91 for
ie account. The market is now a trifle flatter.
&I(cl'ecnier Bills are 4s. discount to par, and Bank
ck is firm at 2142 to 2152. The New Three
Per Cents. are 911 and the Reduced 911
Foreign Stocks are neglected, the only security
bu which any business worth notice has taken place
~eing Turkish 6 per Cents., which are marked
MThe following. are the nominal prices of Foreign
ocks :—Grenach Deferred Bonds, 5 61 ;
qltto 3 2213- ; Peruvian 41- per Ctnt.3., 81 83 ;
Per Cents., 55 57 ; Portuguese 3 per Cents.,
442
452 ; Russian 5 per Cents., 112 114 ; ditto 42
Cents, 97 99 ; Spanish 3per Cents, 40 401 ;
6443 New Deferred, 251 31; ditto Certificates, 51
ditto Passive, 54 6.
he Railway Share Market this morning has been
itte ,'l, but prices have in one or two instances slightly
4, 61'1.°N-ed. Eastern Counties and Great Western.
veticed about ss. ; Lancashire and Yorkshire
d
North-Eastern 10s • and North-
(Berwick), . ,
a4,,stern
(York), 15s. East Anglian, South-Westilm,
Midland declined about ss. The foreign and
t A116°11411 undertakings are inactive. Sambre and
-ell.4'e preference shares, and Dutch Rhenish,
ate
v a 21lade firmer. Grand Trunk of Canada
a,(l
seeds Indian
15s. Great Western of Canada,
Indian and Great Indian Peninsula were
Steady
Mining Shares are buoyant. Alfred Consols
4se 151, Great Wheal Vor 31, Tin Croft 41-,
,"
Cubre Copper advanced to 45g- :Z..
rather
Stock Bank and Miscellaneous Share are
a oat firmer. London and County have advanced
ss• ; London and Westminster declined ss.
41.2,etric Telegraphic shares have improved to 101,
I'l Penisnlar and Australian Steam to 691.

B:tpp,e,
---Lll FUNDS.—CLOSING PRICES—THIS DAY,
N stc,,, - (From the Offiesal List:)
IA Business done.
215 i 14A
per
u
3 cut. iiednued Annuitias 9l} A-
nrr Cisnt. Console Annuities 4ii w 3 •
L„ APer Cent. Annuities 9li
001;05 it".Tlues, expire 6th Jan. 1860 2 7-16
, . tor Account ,,,„. .. 90i 1
i c=hequer 131118, 2id.
.I.oi-i0
4 d per
V. 500
8 nail par 3 d
• ............. _
1 p
Pxchequer Bonds, 1858, 3 per Cent..
Ditto, 059
PRICES OF FOREIGN FUNDS—Tr-Us DAY.
Egnador Now Consolidated l4
Crenada New Active, 21 per Cent. 22
bitto Deferred
_tn Boi.ds, 3 per Cont.
Ditto Account ...., 4OA
Soanish Cemmlttee Cart. of Coup, not fun 64
7n-kibh Bonds, ti per cent...
Ditto Account ....
Venezuela Bonds, 41 per Cent
Ditto Deferred, 10 per Cent. . 124
Dividends on the above payable in London.
THREE O'CLOCK.
Consols, money
Cousobs for account, September 9

THE MUTINY IN INDIA.

MEETING IN THE CITY—(THIS DAY.)
h public meetirg was held to-day at the Mansion-
"Re, for the purpose of taking into consideration the
tlndia, arid for devising means of affording immediate
het to those who are now suffering from the effects of
"le fearful calamity.
The Chair was taken at two o'clock by the Lord zi
th4Y°rs who, on opening the proceedings, alluded to ir
e circumstances that had led to the present meeting, 100
bill 'lid the present position of a large number of Eng- 20
-3
farni!ies in India called fir the mo3t energetic 50
and tof those who were placed in a 20
ne
support
"111 to afford them assistance. f 25
l':ittqoeakers having addressed the meeting, a 20
-on waas
su scrp
ro osed and paseed unanimously to We 100
t4,lBet that ph
i tion be immediately opened for 10
),4: relief of the sufferors, and to assist all such as had
1)" Priced of the means of returning to this country 25
25
9 the late outbreak. A resolution was also agreed to
Plultilting a committee to receive subscriptions. 50
+IT"
quks toProceedings terminated with the usual vote of lop
the cha'rman. 100