The Sun.
London, England, 1857-05-12 00:00:00

Dif nigEy
,AS

-7fir
1.1. rf'

AND
core:lE-2,7AL INTELLIGENCE.

CITY, Two o'Ceocir.
Accounts from Liverpool state that the Cotton
Market yesterday closed firmly, and prices were
at a slight improvement The sales amounted to
10,000 bales, 1,000 of which were taken by the
exporters, and 2,000 by the speculators. The Rail-
Way Share Market closed with a dull appearance,
and there was a slight decline in prices.
In consequence of the limited demand for silver
on Eastern account the price of that metal tends
downwards, and the dollars brought by the last
West India steamer have been sold at a decline of
id. per ounce, viz., ss. Old. The supplies ex-
pected from Mexico, it is presumed, will
be almost sufficient to provide the amounts
required for the bi-monthly mails to India
and China, and in that case purchases
on the Continent will not be resumed, at all events
to an extent that would absorb the greater portion
of the Australian remittances. As these shipments
amount to upwards of a million sterling, a large
addition to the Bank's stock of the precious metals
is anticipated within a short time, especially as the
Wind is now favourable. A farther sum of 24,0001.
in Australian gold, forming part of the receipts by
the Etna, was sold to the authorities yesterday,
and some of the American supply may be similarly
aPPropriated.
The inquiry for discount accommodation in
Lombard-street, and at the Bank of England, is
quieter, and instances are recorded where bills
have been negociated at a fraction below the Bank's
minimum, but in most cases the full terms are still
exacted: As usual, at this season of the year, the
commercial requirements are less extensive, and un-
less speculation creates an increased demand, a
alight improvement is considered probable.
The Mincing-lane markets have opened with a
very firm appearnoe, most of the principal articles
being maintained at full prices. During the week,
however, the public sales will not be verynumerous.
Business in the English Stock market is rather
circumscribed, but it is only natural that a pause
should succeed the recent excitement. The rise in
prices has been important, and although the
general prospects of the money market may be
more encouraging the funds are still very
high, considering] the present value of ca-
pital. The 1 Bank broker has bought 40,0001.
of Exchequer Bills this morning, which tem-
porarily, strengthened the market, but the quo-
tations are not firmer. Consols for transfer were
and 03y:4, while for account they have been
about 941. At present they are 93/ 94 and 941
for money and the 4th proximo respectively. The
March Exchequer Bills are par to 3s. pre-
mium ; the June ditto, 2s. discount to par,
and the Bonds 98 /. The New Three per
Cents, are 92i 2 ; the Reduced 922 i; and the New
2i per Cents., 761 ; Bank Stock is 2111 and 213 ;
and India Stock, 220.
In the Foreign Market the transactions have
been very limited. Turkish 6 per Cents. are 93i 1;
and the 4 per Cents., 1001. Spanish New De-
ferred have been 25i ; and Portuguese 3 per
Cents., 53a.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 61 7 ; Mexie.tn,
22ic i ; Peruvian, 77 78; do. 3 per ; Cents., 54 55 ;
Russian 5 per Cants., 104 106 ; Do. 41 per
Cents: 95 97 ; Spanish 3 per Cents., 411 2 ; ditto
Deferred, 251 ; ditto Certificates, 61 8 ; ditto
Passive, 54 6.
The dealings in the Railway Share Market have
been limited, the arrangements for the usual half -
monthly settlement being in progress. Prices in
several instances show a slight improvement upon
yesterday's rates. Great-Western and Midland have
a laneed ss. ; Caledonian, Lancashire and Nor-
folk,li 1-os. ; and North-Western and South Western,
; Oxford, Worcester, and Wolverhampton,
-_€l.lnburgh, Perth, and Dundee, and East Lanca-
Sci
lure, declined about ss. ; Western of Canada, and
Paris
ais and Lyons, each declined about 10s. ;
t Grand Trunk of Canada and East Indian im-
proved 10s.

British, Foreign, and Colonial Mining Shares are
at quite nominal values.

For Joint Stock Bank Shares there is very little
inquiry—Western Bank of London have declined
10s. British North American, and London and
Westminster realised former quotations.
The Miscellaneous Undertakings were inactive.
Peninsular and Oriental Steam have receded 15s.
,13°Yal Mail Steam 11., and Electric Telegraph
08. to 10s.

2aITIBEI FUNDS THIS DA.? AT ONE • rCLOCIL
( From the Official List.)
elk Stee Business done.
k ... 213 111
$
, Per Cent. Reduced "annuities
Ver Cent .'o sole &nullities 93i li. i i
...i
•-, ew .3 . a
.v_ per Cent. Annuities 928 4 4
71v 21 per Cent. Annuities
'Qug A:nullities expire sth Jan. 1860 7-16
Con
India Stock '
sols for Account
.........944 •
Etehequer Bills, '2•d. March. I June.
4:100J ........
...."''*....
........ 3 p par 1 2 d par
k
V. 50,)
nall :..
Ditto Boni;,.i,iiB, 3.:per Cent. .... .....
bitto, 1859 .
984 1
4ICES OF FOREIGN FUNDS AT ONE O'CLOCK
Portuguese Bonds sper Cent., Con. 1841
N ' 53
sto 1853, 3 per Cent.
Piii.,,Eh O er nt.
Turtit'tC ,New Deferred, 3 per uen .
t4h 3onds ii per cent...
Ditto Account
ihtto Guaranteed, I per Cont.
at . wends c.:: ttie above ayable to n n.
TWO O'CLOC,i.
Conaols money
Ditto for account ... ....... ....... 944 a