The Sun.
London, England, 1857-07-29 00:00:00

111
24 1:1-1

r;T A 7) 7"

ART)

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Liverpool Cotton Market yesterday mani-
fested a firm appearance, and pri,!es were fully as
dear for all descriptions. The sales were estiehaled
at 8,000 bales, 1,500 of which were taken by the
BPeculaters. The Railway Share Market closed
quii-tly, with very few transactions, and prices
Were without any material a'teration.
The efflux of bullion from the Bank of England
continues, and during the last week upwards of
200,0001. has been withdrawn. This is a most un-
favourable movement ; but large amounts of specie
are daily expected from Australia, which may socn
Make up the deficiency thus produced. Yesterday a
furthersum 0f45, 000/. was sent away for transtniFsi; .n
to the Continent, whole supplies of silver are being
obtained for the Els'. The Overland Mail, now
telegrapher', reports a slight advance in the rates
of exchange in India and China, and this is likely
to occasion increased shipm' nts to those countries,
but there is still every prosrect of the receipts of
specie being suffi.:ient to satisfy this demand and
eave a small surplus for the Bank. The alterations
Da the exchanges will be seen —by the following
table :

This Mail.
s. d. s. d. P. d. s. d.
Calcutta 2 Ito 2 1 2 21 to 2 2a
Bombay 2 2 to 2 2,1 2 21 to 2 2,i
}long Kong 4 11i 4 11i to sOf

7Laat Mail.

Shanghai 7 2 to 7 3i 7 3 to 7 4
The advices state that money in India was be-
coming dearer, and trade, as might naturally
be expected, was almost at a stand-still. Some
Persons seem disposed to view the intelligence in a
favourable light, but the majority are disap-
pointedb

The Continental exellangem, yesterday afternoon,
were less satisfactory, the operations in silver hav-
ing had an unfavourable influence.

The demand for discount accommodation has
increased,
and full rates are now, in almost all
cases, exacted for the negociation of commercial
Paper. This revived pressure, however, is likely
to be only temporary ; and as soon as the pay-
ments of the 4th are completed, some relief will no
nnubt be experienced. Besides the preparations
for the engagements then maturing, the arrange-
kents connected with the harvest also give ex-
tended employment to capital.
In consequence of the advices by the Overland
Mail tea is held for 4d. per lb. advance, and salt-
petre has risen ls. 6d. to 2s. per cwt.
The advices from India being considered rather
more encouraging, the fall in the Funds has been
arrested. Some of the speculators for a decline
have realised, and pric s are firmer. Increased
confidence is apparent, and an early settlement of
the insurrection is calculated upon, but when the
mail is delivered it is not improbable that the
intelligence may be deemed more unsati-factory.

very large amount of stock has been sold of late,
and there is consequently a slight pause, as the
Indian news has been " discounted." Consols fur
transfer have been 94 91, and 91A, while for ac-
count they have been 911 1. The present quota-
tions are 91k for money, and 91-1 I f )r the account.
The New 3 per Cents. have be-n 91i and the
Deduced 911 g. Exchequer Bills continue to im-
prove, and they are now quoted 2s. to ls. dis-
count. The Bonds are 988, and India Bonds

Poreign Stocks are generally firmer, but there is
ne animation. Turkish 6 per Cents. have recovered
,!° 941 95, and the 4 per Cents, are at a small
anprovement. Sardinian Bonds are 89 to 891 ;
do. Deferred, 25 ; Dutch 4 per Cents., 98 ; and
Mexican, 22k. Peruvian 4/ per Cents. brought
814,
and do. 3 per Cents. 55i:
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 61 ; Mexican,
.24 i; Peruvian, 81 2 ; ditto 3 per Cents., 55
6; Portuguese 3 per Cents., 441 5 ; Russian 5
Per Cants., 110 12 ; ditto 4i per Cents., 97 99 ;
SPauish 3 per Cents., 40 ; ditto New Deferred,
25 ; ditto Certificates, ö ditto Passive, 51 I.
A moderate business has been done in the Rail-
way Share Market., and prices, in most instances,
have shown an upward tendency ; the charges,
also, for "carrying over" to the next account are
easy. Caledonian, Great-Western, Great-Northern,
Lancashire and Yorkshire, North-Western, and
Manchester, Sheffield, and Lincoln, advanced ss. ;
and South-Western and South-Eastern, 15s. ;
North-Eastern (Berwick), and North-Eastern
(York). were flat, and declined about 10s. to 15s.
In the French lines no business was reported, and
quotations a-e nominal ; the Canadian are inactive,
at about previous rates. East Indian are steady.
Mining Shares have shown very little activity.
ar Cons ds are at 20, and Vale of Towy,
Join-Stock Bank Shares spew but little variation
4°14 previous values. L'indon Joint-Stock have
advanced about 10s. City, Bank, English, Scot
tish, Australian Chartered, and London Chartered
of Australia, were at previous prices.
The values of Miscellaneous Shares have rather
improved. Peninsular and Oriental Steam have
Iniproved
Bias, ;
131t1

-TISII FUNDS.—CLOSING PRICES—THIS DAY.
(From the Officzal List:)
3 Business Tore.
3 Pe' Cent. Reduced Annuities 9li i $ i
11!)er Cent Consois Annwitie - lh 1
T 3 ? Per Cent. Annuities MIMI
°" Annuities, expire Rii Jan. 1 F6O 24
India. Stock
ek
23 19 d
n - iiotitti, latltit)
' 4'.
Sels for A 4enunt
Eiehequer 13ills, 2d.
RlOco '
••• ...
ao() *
ktall *
.. •••
P,irenequ. er Bonds, 1858, :4 per Cent....
'Atte, 15359
_Jaexiraecan ilian. 5
!_n
, :PRICES OF FOREIGN FUNDS—THIS DAY.
per Cent.
3 per Cent 22h :
Peruvian Bonds, 41 per Cent Bl}
IS_
t Ditto 3 per Cent.
inian Donis, 5 per Cent. ~. ....... 89 I i
p thb :,n,,•ds, 3 per Cent.
Dittc Now Deferred, 3 j-er t. C 11. •
Turkish ;'otds, ii per cent 25
946 +
Ditto Account 94i 5
Dividends on the above payable , Lei, , n.
hitch Exclange, 2 per Cen:;., 12 Guilders
Do. 4 per Cent. Certificates ...... .

... 2 1 5 d
... 5 1 2 5 d
... 1 d par 5 d

... 98

THREE O'CLOCK.

Cananis' money
Cousoltsfor account, Aug. U

.... 91

The Jupiter has arrived from Bong Kong.
Mr. Rose, of Canada, had an interview with Mr.
secretary Laboucbere yesterday at the C)lonial-offico.
A marble monument to the memory of Sir John
Campbell, who was killed at the storming of the Redan,
was landed at Southampton last week from Rome.
It is still thought that the Ripon, on the 4th August,
will take out about one million sterling in silver, the
sum engaged being about 900,0001.
Of the 61,3001. in specie hniught by the Niagara from
Now York only about 12,0001. came to London. This
amount was at once taken for remittance to the Con-
tinent.

The report of the Netherlands Land Enclosure Com-
Pany shows that the progress of the works is encourag-
ing. The growth of c.dza on the Bath polder has yielded
a profit which, it is stated, justifies favourable exnecta-
tions. Further acquisitions of land have been made, in-
cluding, in one case, 1.760 acreP.
Tns OYSTER FISUERIES.—Copies of directions given
for giving effect to certain rasa or b% a-laws made by
the Committee of Council for Trade on the 21st of May
last, respecting the oyster fisheries in the seas between
the British islands acid France, and on all parts of the
Coast of Great Britain within the British fishery limits
have keen laid on the tab!e of the House of Commons
And printed.
The prospectus has been issued of the Westminster
Palace Hotel Company, with a capital of 100,0001. in
10/ shares. The site is a plot of ground close to the
Abbey in Victoria-street, and the p:ornoters point to the
advantages to be derived from its proximity to the
tiou,es of Parliament and the courts of law. The
building is to c ,uprise 200 sleeping rooms.
PRICE OF GOLD —The quotation of gold at Paris is
about 4 per mine premium, and the short exchange on
London is 25.20 per 1/ sterling. On comparing these
,rates with the English Mint price of 3/. 17s. 101 d per
wance for standard gold, it appears that gold is about
10ths per cent dearer in Paris than in London. By
advices from Hamburg the price of gold is 422 i per
mark, and the short exchange on London is 13.41 per 11.
sterling. Standard gold at the English Mint price is
therefore about 2-10ths per cent. dearerin Hamburg than
1p London. The course of exchange at New York on
London for bile at 60 days' sight is 1091 per c-nt.
which,
when compared with the Mint par between the
two countries, shows that the exchange is about at
par; and, after making allowance fur charges of trans-
port and difference of .nterest, tne present rate leaves
camly any p onthe
roat importation of gold from the
Ritt4 6t4tte,