The Sun.
London, England, 1857-08-17 00:00:00

MONEY WI A 12,,;

AND
Co.T.virannoJAL INTELLIGENCZ,

The Cotton Market at Liverpool on Saturday
closed firmly, and Friday's yatea were fully main-
tained. The sales amounted to 8,000 bales, 1,000
of which were taken by the speculators, and 1,000
by the exporters. The Railway Share Market
exhibited a very dull appearance, but prices
slightly advanced.'
Trade, in the textile rnanufactuting districts of
the north of England, is described in letters re-
ceived this morning as remaining steady, but in
some departments more activity seems to have been
experienced during the last few days. In Man-
Chaster, for instance, the accounts from India have
(*limed an increased inquiry for particular articles,
Which, notwithstanding the large stocks on hand,
has rendered quotations rather firmer. On the
Whole, business in this town is improving ;
but in Leeds the progress of commercial
operations is not considered favourable, owing
tl,e unsettled state of affairs in the
East, and the tigLtness of the Money-market. In
the other towus no material alteration has taken
Place. The iron trade of South Staffordshire is
pronounced healthy ; and at the recent Bank
meeting held in that locality satisfactory dividends
have been declared, which may be accepted as
some indication of the prosperity of business.
The accounts from New York by the steamer
Asia are satisfactory in monetary point of view,
the rates of discount still being moderate. The
local banks were granting extended facilities, but
it is thought that a period of stringency will soon
be experienced.
There is no particnlar variation in the state of
the Money Market, but the tendency is rather fa-
curable, owing to the diminished inquiry and the
large supply. Good employment, however, is still
found for capital at the current rates, and only in
few cases are bills negotiated below the official
Minimum. Notwithstanding the Eastern exchanges
are rather lower, the drain of silver to India is ex-
Pected to continue, and active preparations are in
Progress for the shipments on the 28th inst. by the
Steamer Colombo, which will probably take out
upwards of a million sterling. These arrange-
'bents are causing occ..sional withdrawals from
,the Banks, but they excite no uneasiness,
because extensive remittances, which will no doubt
rtlahe up the deficiency, are due from Australia.
quotation for 60 days? bills on London at New
'cork continue steady, viz., 1094-, and this en-
sures a continuance of gold receipts from that
quarter. The Asia, arrived yesterday, brought
about 1840001., and these small supplies added to
tut
ioe from the antipodes and Mexico *ill sustain tl!e
bullion in the bank vaults at a sa-isfactory point,
despite the efflux to the East-and the Continent.
uo Saturday a further small parcel of gold, viz.,
12,000/., was withdrawn from the Bank. Last
Week the imports of the precious metals amounted
t 0 402,0001., and the exports, as far as can be ascer-
tained, about 126,4001.
The market for silver is steady at previous quo-
tations, viz. :—Bar silver, 611 d. per oz. standard ;
Ore-franc pieces, 5970. per oz. ; Mexican dollar;
61id. per oz. Bar gel 1, 775. 9. per oz. standard :
and American eagles, 765. 3d. per ounce.
There has been a meeting of the Great Luxem-
bourg Railway company to-day—the Hon. Francis
Scutt in the chair. The receipts for the half-year
Was said to average about 1,0001. a week. The
line would be completed from Brussels to Arlon
at the price contracted for. To do this it was pro-
Posed to issue 125;000 bonds of 51. at 31. each to
to the shareholders.
At the meeting of the London, Tilbury, and
Southend Railway Company to-day—J. N. Daniell,
, in the chair—the receipts for the half year
Were 22,0811. 12s. 10d., and the expenriiture
132573/. 19s. 3d., leaving a balance of 8,4001. in
favour of revenue. The dividend is 6 per cent.,
glisranteel by Messrs. Peto, Betts, & Co.
The Market for Public Securities this morning
bas been rather variable, and it is evident that
some of the speculators, being satisfied with the late
iroprovement have realised their profits. These
transactions have had the usual effect of de-
pressing values, and the result on the present
°ceasion has been a decline of per cent. The
public have b: en purchasing for investment, but
litit a sufficient extent to neutralise the
Influence of the adverse operations referred to. The
finer state of the weather has given satisfaction,
but the rise Of 3s. per quarter in Mark-Lane is con-
sidered an unsatisfactory fe :Lure, especially by those
Rho are desirous of lower prices. Consols for
transfer have been 911 A and 91k 1, while for the
account they have been 911 4- and 91#
They are now 91/ and 911 respectively.
The New 3 per Cents. have been 918 4, the Re-
duced 914 4, Exchequer Bills 4s. discount, and the
Banks 981. Bank Stock is 216.
In the Foreign market business is very inactive.
Turkish 6 per Cents. 94i 95 ; Portuguese 3 per
Cents., 45k ; Dutch 4 per Cents., 99—Ditt ) 2i per
Cents., 61 ; and Peruvian Dollar Bonds, 56.
The following are the nominal prices of. Foreign
stocks :—Grenada Deferred Bonds, 54 61 ; Mexican
3 per Cents, 221 ; Peruvian 41 per Cents. 81 83 ;
ditto 3 per Cents., ; Portuguese 3 per Cents.,
44i 45/ ; Russian 5 per Centro 112 114 ; ditto 4;
Per Cents., 97 99 ; Spanish 3 per Cents., 394 40i ;
do. new Deferred, 25 251 ; do. seertificates, 5i 6 ;
'l°. Passive, 5i 6.
The transactions in the Railway Share Market
have not been extensive. Prices however have, in
Inane instances shown a slight improvement upon
Previous rates. North Western and Midland have
improved ss. Eastern Counties, Lancaster and
Yorkshire, Manchester, Sheffield, and Lincoln,
North Eastern, York, and Scuth Eastern, 10s.
North Eastern Berwick, 11. Caledonian and Great
Western declined ab iut 10s. The French lines are
'Very quiet. South-srn of Franca have receded about
8. Great Luxemburg,-Namur, and Liege, Sambre
and Meuse, and Royal Swedish are a shade fl Ater.
The Colonial lines are quiet but steady. G; and
Trunk of Canada have receded about ss. to 10s.
tist Indian advanced 10s. Great-Western of
finada, Great Indian Peninsula, are' at previous
- rates.

Mines, Banks, and Miseellaneoiri Shares are flat.
Bank of Australia have declined ab )ut 108. ; Pro
vincial of Ireland, 10s. Peninsular and Orienta'
Stearn have advanced 10s.

BRITISH FUNDS.—CLOSING PRICES —THIS DAY,
(From the Offictal

Business Ooze,
Rink Stook
3 +:ent. Reduced /annuities
3 per (lent n AnnuitiesonsolAnnuities6ll
91$ 4 +
New : per Cent. Annuities 9li 2 11 fi
L +dr, Annuities, expire sth Jan. 1860-- 2:7-16

I lin Ronde, ,C.104)0
Csk gulp !nr ern-nt
Ex +ever Bills, 24(1 •
4 d par
t.
Srnall •
:Exchequer Bonds, 185 S, 36 per Cent -9-81
Ditto, P 359
PRICES OF FOREIGN FUNDS—THIS DAY.
Mexican 3 per rent 22
Peruvian Bonds, 44 per Cent
Ditto Account B2l
Portuguese Bonds, 5 per Cent., Con. 1841 --
Ditto Account
Ditto 1856, 3 per Cent. 4gi
So tuish eommittee Cert. of Coup, not fun. 5/-
Ta I=it.h clouds, 6 per cent
D tto <Account
pit*. Guaranteed. 4 per Cent.
Ditto Account
Dividends on the above payable in London.
Dutch Exehang,t, 24 per Cent., 12 Guilders 64
Do. 4 -or "exit'. Pertifieates • ....
Peruvian Dollar Bonds, 4i per Cent. 56
7HREE O'CLOCK.
911
914 8

Consols, money
Consols for account, September 9

THE HOUSES OF PARLIAMENT.—On Saturday morning
Was published a correspondence upon the subject of the
had atmosphere in the neighbourhood of the Houses of
Parliament. Mr. Goldsworthy Gurney says that when
his inquiries were directed (in 1854) to the same subject,
be found the causes to he untrapped gully holes in St.
Margaret's-street, New Palace-yard, and the open mouth
of Bridge-street sewer discharging itself at Westminster-
bridge. The former was removed at the time.
A NICE POINT.—A letter was to be postal which
weighed under an ounce. Two stamps were accordin_ly
affixed, by which the weight of the letter was raised
beyond the ounce and it was accordingly taxed double
postage for a second ounce, or fourpence. Ought the
e
Po
u-Office to charge fourpence, for carrying two of its
0,113 etampi?