The Sun.
London, England, 1857-09-01 00:00:00

, r 4-4 16' -,;17

AND
00MLIERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
The Liverpool Cotton Market yesterday closed
brwly, and. prices were fully maintained. The
sales amount :A to 12,000 La'es, 1,000 of which
Were taken on speculation, and 1,000 for export.
The Railway Share Maik.t closed with rather a
dull appearance, and quotations were a shade
lower.

A further sum of 140,0007. consisting of Rus-
-4Q American gold was sold to the Bank yester-
day, and the total stock of the precious metal
held by that establishment must now exceed
eleven millions and three quarters sterling. There
are large amounts from America and elsewhere still
available, and it is expected that they will he
aPPropriated in a similar manner as there is a lull
la the continental demand. Very few purchases
of silver are now being made in France and Belgium
"English account, and there will consequently be a
Proportionate decline in the remittances of gold from
tul,ts Side. The Bank of France also does not require
any blamed iat a assistance from gold brought here, and
as the 50 franc notes are to be issued to day, the
necessity far such aid will, no doubt, be obviated
St least for some time to come. It is, therefore,
hence a reduction in the minimum rate of discount
before the end of the year is not considered im-
Probable.
Although there is still an active inquiry for
money in discount circles no difficulty is found in
Obtaining the accommodation required at a to I
Per cent, under the rate exac.ed by the Bank of
England. This renewed relief, at a period when
,arrangements are in progress for the liquidation of
the commeidal bills filling due, as usuil, early in
the month, is explained by the abundant supply of
capital. The tempting rates still offered by the
Joint-stock banks for deposits on call place
those engaged in the negotiation of paper in pos-
session of ample funds, and in order to employ
them they are compelled, in consequence of the
competition, to submit to a slight concession.
When those engagements shall have been provided
for, it is expected that the state of the market will be
still further relieved, and the absence of speculation
le most departments of business is an additional
reason why money is more likely to become cheaper
than otherwise. On the Stock Exchange loans
are obtainable at low rates, and the enquiry is
Very limited.
The business transacted in the English stock
market up to this hour, has not been large, but
Purchases have predominated, and .an improve-
ment
of per cent, has taken place. The
further sales of bullion to the Bank, the
easier state of the Money Market, and the hope
that the next advices from Ledia may be more
encouraging are in favour of quotations. Consols
for 9 money have been 90b, and 90i3-- 1; for Septemi-:er,
1‘(1.)1i and 001 ; and for October, 91 The
"r Three per Cents. were 91i- ; the Reduced,
el 4 91f1 ; Exchequer Bonds, 98,1, and Indian Bonds
discount.
l'oreign Stocks are very dull, but decidedly
firmer.; Turkish 6 per Cents. are 95 to 951; and the
Per Cents., as well as Dutch and Prussian Bonds,
t: at nominal rates. Portuguese 3 per Cents. are
A
; Peruvian 4i- per Cents. are ;ex dividend
and Equador New Consolidated, 131.
11:-e Committee of Mexican Bondholders have
received advices from Mr. Whitehead, dated 2d
'Oat' The Estaadarte (the offi'.fial journal of the
capital) of the 13th July last, publishes the circular
Order of the Minister of Finance, dated 25th June,
011 the receipt of which by the Custom-houses, the
suspension of payments was to cease as regards the
foreign bondholders and Conveatiou creditors, with
Proviso, however that the Government antic ipa-
tions, to the amount, it was said, of $205,000 still in
circulation, were to be satisfied out of the duties.
According to this, the revenues of the dividend
fond would again be at the disposal of the bond-
holders about the beginning of July last, burthened
Witha liability of about $51,000. The La Plata,
however, brings no remittance yet, for which va-
rious reasons are given. The $22,000 iu the hands
of the agents in Colima had safely arrived in Manza-
/I,llla, for shipment to the Bank of England, via
-r4rlarna. The Republic was tranquil, and the diffi-
culties with Spain appeared for the moment to be
the chief subject of excitement there.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 ; Dlexe-
°an, 22 22i ; Portuguese 3 per Cents., ;
Peruvian 4-i per Cents., 79 81 ; ditto 3 per Cents.,
55 ; Russian 5 per Cents., 109 111 ; ditto
Per Cents., 96 98 ; Spanish 3 per Cents., 40 401;
ditto New Deferred, 251- 25/ ; ditto Certificates,
6
6 ; ditto Passive, 51 64.
An average amount of business has been trans-
acted in the Railway Share Market, an.l an improve-
ment of about to 1, per cent. has taken place in
the value of many of the chief undertakings. Cale-
donian,
Great Northern, Great Western, Midland,
V North Stafford improved ss. North-Eastern,
(~,uerwiek) and North-Eastern, York, 10s., and
Norfolk, 1/. Brightons declined 55., and South-
Eastern, South Western, and Manchester, Sheffield,
411 d Lincoln, 10s. In the Foreign and Colonial 11.
tiedertakiegs there has 1 eon very little ac-
"
i.l:it.Y. Paris and Lyons, and Northern
France are at nominal values. East
Indian have declined 55., and Great Western of
Canada improved ss. Geelong and Melbourne,
and Great Indian Peninsula are steady.
Mining Shares are dull. Sortridge Consols are
dealt in at 4
Joint Stock Bank and Miscellaneous Shares are
at a alight decline. Bank of London receded 10s.
*Lt:eudon Joint Stock ss. Peninsular an d Oriental
steam have advanced about ss.

Aitrasa FUNDS THIS DAY AT ONE O'CLOWi.
(from the Oificzal List:l
Business dote.
Stock
4
3 Per tier t Etedueed Annuities
Per Cent Consols A.nnxitiet, 9oy t
Ow 3 per Cent. Annuities 9li
'Jug Annuities, expire iti. .Jan. 1860
Ditto 30 Years, expire sth April, 1885 lB 1-16 1-
”•tia Bonds, DM/
k;OLsols for Account
Zzchequer 2id.
z5OO 2 d par
rxehequer Bonds, 1858, 3i per Cent 9S,i,
Ditto, 1,359
151tICES OF FOREIGN FUNDS AT ONE O'CLOCK.
scittador New Consolidated l3
leruvian Bonds, 4i per Cant 791 X d
rottuguese Bonds, 5 per Cent., Con. 1811 - -
Ditto 1853, 3 per Cent
Turkish Bonds, 6 par cent
Ditto Account
- Dividends on the above payable in London.
TWO O'CLOC K.
Consols, money
Consols account (October)

(1 The entire labour of type-setters for the Springfield
Daily Argus is now done by womer.
4:11E TEA TRADE.—The de iveries in London estimated
for the week were 701,216ib., being a decrease of
'6,4411h. compared with the previous statement.
LlcEum.—lt is said that a project is on foot for pur-
e"„a'ing this theatre and theadjoining premises, and
!fin
erticff them into a gigantic hotel, on the American

THE ELECTRIC TELEGRAPH IN AMERICA.—It appears
that on the lines of the United Sates the number
°`, telegraphic rnessaves transmitted in 1853 exceeded
11,000,000 ! —The Builder.
THE LATE TRAGEDY IN THE QUEEN'S PRISON.—The
"PesHons taken on the coroner's inquest in this la-
teentable affair will be forthwith laid before Attorney-
General to consider whether De Salvi is to be indicted
at thef Stember sessions of the Central Criminal Court,
401* them rder of Mr. Robertson in the Quo m's Pri on,
Or Whether a nolle proscqui will be entered on the pro
THE ISTHMUS OF SUEZ CANAL.—Mr. Lange has proved
himself a ruiy energetic chaini.ion for the caui,.e, aid
rie.l
'Y merits the SUCCeSr4 which sooner or later wit
"clnePtionab'y crown his efforts Pis courtej, tract,
" id frankness at the meetings attracted general notice-
11° one could hear binsp,,o.k without feeiing an impres-
sionthat he spake from inward conviction and v. its
that unfl:nchiug dAermination which augurs sue-
(tl'" in a good cause. It is a pits that be is obliged
' fight his opponents in the House of Commons
Ilder the dieadvattage of not being a member
that arena him,elf, and dependent upon the press
for the inserti, 5 of his replies to any riAacl;s made
t'gaain't the project cr tie promoters. We think Mr.
nge should ser'ously consider whether it would not be
gt the interest of the undertaking to overcome this dif-
Ctilty.—Licerpool Chronicle,