The Sun.
London, England, 1857-07-06 00:00:00

MONEY MARKE

AND

COMMERCI INTELLIGENCF.

CITY, Two o'Ceoex.
Letters from Liverpool state that the Cotton
market on Saturday closed rather firmer, at full
prices. The sales were 9,000 bales; 1,500 of which
were taken for export-. The business transacted
in the Railway Share Market was moderate, but
prices were firm.
The general state of trade in the manufacturing
districts is described in the letters received this
morning as being satisfactory, but there is cer-
tainly not so much activity as could be desired.
Before business assumes its usual dimensions a
decline in the charge for accommodation must take
place. In Manchester there is a good demand for
Calcutta, and also for Russia. The alteration in the
tariff of the latter country is likelyto stimulate trade.
The woollen cloth trade of Leeds continues toler-
ably active, and the shipping houses are busily en-
gaged. The London wool sales commence on the
16th inst., and until then manufacturers will, no
doubt, exhibit increased caution. It is expected
that about 62,000 bales will be offered.
The 4th of the month is now passed and the
• numerous engagements which then became due in
the commercial world, have been discharged in a
most satisfactory manner, proving that the trade of
the country, however depressed by the obstacles
always imposed by dear money, continues
in a sound condition, although perhaps not
so profitable in all respects as could be wished.
Judging from the late returns issued by the
Board of Trade, the commerce of the United
• kingdom was never so gigantic in its dimen-
lions as at the present moment, but the over -
stocked markets in Australia, and the dulness of
business in the United States, India, and South
America rather tend to show that our transactions
are somewhat excessive. There is nevertheless a
comparative absence of failures, and this is a
healthy sign. Occasionally a suspension of ra-
ther a serious character is announced, but
the investigations of the accounts generally
show that the disaster has arisen from injudicious
trading or old losses and liabilities. Now that the
Commercial bills arrived at maturity on Saturday
have been liquidated, there is an impression that
the demand for accommodation will relax, and as
the payment of the dividends on Wednesday next
will increase the supply of capital in the
general market, many persons anticipate an
early decline in the value of money. This
View is strengthened by the fact that first
class houses, home and foreign, are unable to
get their bills discounted at a fraction below the
Bank terms, and many instances are cited where
5i per cent. only has been charged.
Since the departure of the Colombia, or rather
since the arrangements for remittances by that
vessel, were completed, there has been a very dull
market for silver, and until further adrices are re-
ceived from India it is not expected that much
business will be transacted. Judging from present
indications, it is very probable that the shipments
henceforth will be much smaller than for a long
time past.
Last week the imports of the precious metals re-
presented a total of about of 1,140,0001., and the
exports, as far as they can be ascertained, were
nearly 1,000,000/.
There was more activity in the general business
of the port of London last week. At the Custom
Souse 248 vessels were reported from Foreign
ports, 3 from Ireland, and 149 colliers. The en-
tries outwards comprised 127, and the clearances
108 vessels, besides 7 which left in ballast.
The market for Public Securities is rather feeble,
but the variation is not important, and business
continues very dull. A desire generally prevails
to await further advices from India before extending
speculative engagements, as it is very probable that
they will be of an unfavourable nature. A sanguine
view is taken of monetary affairs, but in the face
of unfavourable political news any important rise
could be scarcely anticipated. Prices are about 1 per
cent. lower than on Saturday, and if some of the
speculators havinc, bill accounts open should close
them, increased depression will no doubt prevail.
Consols have been 92/ 1, for Wednesday, 92i. 93
for August. and 923 for money, as special transfer
can now be effected. The New 3 per Cents. are
92i .1 and the Reduced 926 Bank Stock is 214,
and India Stock 215. Exchequer Bills are firmer,
viz., 3s. discount. to par.
Business in the Foreign Market is exceedingly
inactive. Turkish 6 per Cents. have been 96 to
d,
°6k, and the present price is 96; being firmer.
Mexican Bonds are 22f, Dutch 4 per Cents. 98,
and Belgian 41 per Cents. 961.
The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds. 6 ; Mexican,
22'
t 1 ; Peruvian 41 per Cents., 80 82; ditto 3 per
Cents., 54 56 ; Portuguese 3 per Cents., 44i 45k ;
B
0,11 n4B, !an 5 per Cents., 109 111 ; ditto 41 per Cents.,
; Spanish 3 per Cents., 40 40? ; ditto New
Deferred, 25ii1 ; ditto Certificates, 6i b ; ditto
Passive, 5•
The Railway Share Market has shown increased
heaviness, and the little business transacted exhi-
bited a decline upon former values. Caledonian,
Eastern Counties Great Northern, Lancashire and
Yorkshire, SouthlWestern, and Midland are each
about ss. lower ; and Great Western, 10s ; South-
Eastern and South Wales, however, are rather
firmer, the former have improved 55., and the latter
10s. An active business has been done in the
Canadian lines. Grand Trunk have improved
V., and Great Western are a shade firmer.
The French lines ate dull. Northern of France
have declined 15s. East Indian have been
buoyant, and have improved 11. Great Luxem-
bourg are firm. Mining shares are very quiet at
about former values. For Joint Stock Bank Shares
there is a moderate inquiry, but prices show very
little variation. Lendou and County, Ottoman
Bank, and Union of Australia, realise full values.
The Miscellaneous Shares, although dull, are at
suer rates. Crystal Palace have advanced about
us., and Royal Mail Steam, 1/. to 21.

,ItITISH FUNDS.—C LOSIN G PRICES—THIS DAY.
( Iron) the Official Lesl:)
$k Stock
214
8 Per ()cut. Reduced Annuities 921
3 Per Cent. Console anomitiog
New 3 per Cent. Annuities 92i a
1.0,47 Annuities, expire sti• Jan.
-Liao 30 Years, expire 511. t Jan., 1860 2 3-16 a (1
Ditto 30 Years, expire sth April, 1885 lBB
India Stock 2li '4. x d
COnscos for N‘too,,i,
Ditto for Opening 92i s
Escuequer Mills, 20
£IOOO
PRICES OF FOREIGN FUNDS—THIS DAY.
Braziliarrfi Per Cent.
Ditto 1852, 4i per Cent.
Mexican 3 per Cent
Peruvian Bonds, 4i per Cent 22g
Ditto Acicount
Ditto 3 per Cent.,
Ditto Account .....
Portuguese Bonds, 5 per Cent., Con 1841 ---
Ditto 1853, 3 per Cent. ........ .......
Ditto, 4i per Cent......... •
•.
Ditto Small
Sp .nish Bonds, :3 per Cent.
Turkish Bonds, 6 per cent
Ditto Account
Ditto Guaranteed, 4 per Cent,
Dividends ore.the above ',flyable in Uni6ol.
Dutch Ex3i,ange, 24 per Conte., 12 Guilders x d
Do. 4 per Cent. Certificates
E O'CL
Consols for account, July 9 THRE
92i a ex d OCK.
H

MLIESTY'S THEATRE.—Amongst the illustrious,
noble, and distinguished individuals honouring the per-
formances at her Majesty's Theatre with their presence,
on Saturday evening, we observed the following :—Their
Serene Hignesses the Prince and Princess Edward of
Saxe Weimar, the Duke of Leeds, the Duchess of Rich-
mond, the Duke of Wellington, the Duke of Cleveland,
Lady Augusta Poulett, and party, the Marchioness of
Conyngham, the Countess of Wilton and Lady Katherine
Grey Egerton, the Earl of Lonsdale, the Earl of West-
morland, Viscount Palmerston, the Countess of Chester-
field, the Earl of Sefton, Earl and Countess Beauchamp,
is
the Earl of Lucan, Viscountess Palmerston, h•.
Excel-
lency the Prussian Minister and the Countess Bernstoff,
the Count de Brandenburgh, the Baron de Lauzen-Parow,
Viscountess Newport and Miss Anson, his Excellency
the Peruvian Minister (Don Francisco de Rivero) and
Madame de Rivero, Don Federico Pezet, Viscount Vii-
Wl's, Viscount Falmouth, Viscount Powerscourt, the
4roness Charles de Rothschild. Lord C. Bruce, Lord
r,„..F. 'Milo; Lady Overstone and Miss Jones Loyd, Lady
Ev7wood, Lord Cavendish, Lady Augusta Bruce, Lady
lyn
L Stanhope, Lady C. Somerset, Lady Osborne,
ail), De Ros Lady Georgians Codrington, Lady P.
Somerset, Lady Louisa Bennet, Lady Meux, Lady
Louisa Douglas Pennant, Lady Thorold, Sir Ralph
gent rd, Bart. Lady Howard and Miss PLrnell, Sir
Meux, Bart., Hon. Mr. Gray, Hon. Charles
Gorean bur '
y, Hon. Mrs. Cust and Miss Macdonald, Hon.
Langton, Hon.. Mrs. Anson, Sir William Fraser,
t-, Sir J. Thorold, Bart., Sir Geo. Wombwell, Bart.,
IMajor-Glen. Sir G. Bowles, K.C.8., Mrs. Anson, Mr.
rerey Hon. W. Harbord, Admiral R. Burton,
1111, the Cliief Justice, of the Common Pleas, Col. the
-Sir -"*°n• J. Macdonald, C. 8., Col, Tyr whitt, Lieut.. Gen.
it. Woodford, Bart., K.C.8., and Lady Woodford,
Lady A. Graham, Lady L. Cavendish and Mr. E. Ca-
're9dish, Mr, Petre, Mr. and Mrs. Kaye, Mrs. Beanclerk,
Mix Cockburn, Mr. Beadon, Mr. Furlong, Mr. and
8„„r8•!• P. Hey w ood, Col. Lambe, Ccl. and Mrs. Wat-
ifal Col
W. L. Freestun, M.P., and Mrs. L. Freestun,
Der Miss Somerset, Mr. Wigraus and party,
Ai • Mr. T. Uzielli, Mrs. and Miss Shelley,
ti,NLllcas, Captain Beaumont, Captain Marshall, Cap-
-la.,aLewart, Captaimer Mr. Zlllingss Ur. H. B. Lennard, Mr, H. L. Marcb, &o

20
1.4
St.
St.

St.
50
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20
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10
St.