The Sun.
London, England, 1857-09-29 00:00:00

11,1 U '47
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17{,„ t-A
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AND
COLMEROTAL INTELLIGENCE.

CITY, Two o'CLocK.
Lett era from Liverpool repor that th Cotton
Alarket yesterday closed with a very (life appear-
ance, and prices of all descriptions were wi hout any
Material alteration. The sales were estimated at
5,000 bales, 500 of which were taken on specula-.
tier). The Railway Share Market closed dull, but
Prices were steady.
For a week past the failure of Messrs. Taylor and
bright, as a consequence of the stoppage of Messrs.
garrison and Watson's Bank, has been spoken of
55 imminent, but it was announced yesterday after-
noon that the suspension had actually taken place.
At present nothing has been ascert lined with regard
to assets or liabilities. The more. favourable ad-
vices received yesterday from America have pro-
duced increased confidence among the manufac-
turing interests, and several failures, which were
expected to follow those reported in New York, will,
it is now thought, be averted.
A small quantity of gold, viz., 8,000?., was.taken
into the Bank yesterday, and it is believed that
Some of the Australian supplies just announced will
be similarly appropriated, but the greater portian
or the remittances by the True Briton has already
been purchased for the Continent.
The advices received from India have formed the
leading topic of couversstion in city circles since
their arrival, and judging from the tenor of the
Various opinions expressed they would appear to
Lave given general satisfaction, because it is evident
that the rebels have been unsuccessful in most of
their movements. The commercial intelligence
i 5 also rather favourable, the Banks having
lowered their rate of interest, and most of the
Principal import markets are reported to have
exhibited signs of improvement. The exchanges
On the whole are rather more encouraging,
both in India, and China, and it is, con-
sequently, presumed that our monthly exports of
Specie will be still further diminished. The last
two or three steamers have conveyed a smaller
quantity than for some time previously, and every
variation in the exchanges of a satisfactory cha-
racter ten-Is to create confidence in the future specie
movements. The arrivals from Australia continue
large ; and, although the remittances from New
pork are restricted to a very insignificant total, the
aggregate imparts of gold and sliver are still in
excess of the shipments to the East and elsewhere.
In the discount market there is no abatement of
Pressure, the demand on commerci'd account still
being exceedingly active. Provision is being made
for the 4th proximo, when a heavy amount of mer-
cantile bills becames due. The arrangements con-
nected with the specie remittances at the same
Period, and the liquidation of the half-monthly ac-
count in stocks and shares, also augment the gene-
-51 inquiry.
The reaction of s per cent. which occurred in the
Paris Bourse yesterday is ascribed to the decline
'ere, and some realisation of profits after the recent
advance.
It has been announced that the dividend on the
Great Western of Canada Railway shares will be at
the rate of 6 per cent. per annum.
The English Stock Market partially has re-
gained the decline which took place yesterday, since
more favourable construction is now put upon
the advices from the East, and some of those
1/The sold upon the arrival of the intelli-
genee have re-purchased. This has strengthened
the tone of the market, and as there is some de-
kand for stook on behalf of the public, the ten-
' dents is upwards, but an attempt, which appears
anccessful, is made on the part of the dealers to
Prevent a decided movement in that direction.
koney is worth 6 per cent , and the attention of
the brokers and jobbers is chiefly occupied with the
aettlement. Consols have been 90 to 90k for
money, and 90k 1. for the 14th proximo. They are
how rather flatter, viz., 89k 9J and 90 to 90k re-
aPectively. Exchequer Bills are 10s.- to 6s. die.,
and the Bonds are 98,4.
A. moderate business has been recorded in the
Foreign Market, but there is no speculative activity.
Turkish 6 per Cents. have improved to 94-,7 to 95k,
and the 4 per Cents. guaranteed are 958 ; Dutch
2i •per Cents. are 651 ; Mexican, 211 ; Grenada
New Active, 21 ; and Brazilian, 5 per Cents., 1014 ;
Russian, Spanish, and Belgian Stocks are at nomi-
nal values.

The dividend on Turkish 6 per Cent. Bonds is
clue on the 18th proximo.

The following are tire nominal prices of Foreign
stocks :—Grenadr. Deferred Bonds, 52 6 ; IVlex -
can, 21i ; Peruvian 4i per Cents., 78 '79i ;
ditto 3 per Cents., 55 56 ; Portuguese 3 per Cents.,
'hi 45 ; Russian 5 per Cents., 109 111 ; ditto
45. per Cents., 97 99 ; Spanish 3 per Cents., 40/1 ;
ditto New Deferred, 253 -g ; ditto CertlicAtes,
; ditto Passive, 51 6.

The arrangements connected with the settlement
of the half-monthly account in the Railway Sh►re
Market have occupied the chief attention of the
dealers and speculators this morning, and the trans-
actions in most instances have had reference to that
event. Prices generally show a slight improvement.
Caledonian, Eastern Counties, Great Western,
Midland, North-Eastern, York and North-Western
have advanced about 10s., and North-Eastern Ber-
Wick it., Manchester, Sheffieldond Lincoln declined
sa-, North British and South-Eastern 103., Chester
and Holyhead, Edinburgh, Perth; and Dundee,
and Oxford, Worcester, and Wolverhampton were
at previous quotations. The Foreign undertakings

Were at almost nominal value?. Namur and Liege
declined about ss. In the Colunial market prices
Were rather firmer. East Indian improved 108.
Grand Trunk of Canada, Great Western of Canada,
Geelon.; and Melbourne, and Great Indian Peniu-
Pular were a shade higher.

Joint Stock Bank and Miscellaneous Shares are
Much neglected, and there is no 'change to report
1,11 prices.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(Iron the Offieusl Ltst:l
.Business done.
a per Cent. Console Annuities 9OA 90
C isols 'or Account
22c3hecinar Bills, `24d
10 d
10 d
S
Exchequer Bolide, 1358,:4i per Cont 93i
PRICES OF FOREIGN FUNDS AT ONE ricLocK
11,•izilian 5 per Cent.
ti Lin 1852, 44 per Cent.
Ditto, 1829 and 1839, 5 per Cent lOl
Grenada Nuw Active, 24 per Cent.
oonab, t, et;ll4 94k 51
Ditto Account
Dividends on the above payable in London.
Dutch Exe,:ang,.., 2:,‘, per Cen;., 12 Guilders 651
TWO O'CT.OOK..,
89a 90
90

Console, money
Consols account

The Aberdeen Journal states that Mr. Welsh, of the
OhHei vatory at Kew, haq, for the last six weeks, been
roakin; a series of observations over Scotland, south of
the Caledonian Canal, on the variation, dip, and force
of the earth's magnetism. Similar experiments are
go* on at present in England and Ireland. Mr.
Welsh intends to extend his observations to the north-

west of Scotland n x autumn, and to lay hiS results
before the British Association in 1859.
RACE BETWEEN CHARLES LEWIS (OF BETHNAL-GREEN
AND THOMAS ROBINSON (OF m ILL-END) —This race came
off on Monday at Mr. Robert Sadl.T's, Gerratt-lane,
Wandsworth. The distance Wel 120 yards. Lewis bad
the impel' ant advantage in his favour of being several
years younger than his opponent, and his had the effect
of causing his friends to be so confident of victory that
they et once made him a decided favourite in betting.
free.y laying'the odds of 7 to 4; and in some icstances 2
to 1. After making one false attempt they succeeded in
bounding off, and a finer or more even start could not
have been possibly effected. No sooner had they got
fairly to their stride than the struggle was commenced
at a tremendous Pace, the competitors in splendid style
keeping well together until about 60 yards of the die
tnneu had been accomplished, when Lewis, despite the
ehrts of his opponent, gradually stole from him, and
n t in a winner by three yards.
SPECULATING .tiPIRITS.—The Buffalo Republic states
that bankers, broker,, and speculators, in that city, are
the habit of visiting mediums, and table-turning and
s writ-rapping circles. We have hear& (it says) instances
Where spirits have been consulted prior to engaging in large
a eculations, which since have proved &estrous. Loans
t) large amounts have been made by banks and brokers
at the suggestion and recommedation of spirits. Rail-
road etock have been purchased and produce in large
ryin,,ntities bought en the advice of table-tipping
:diums.