The Sun.
London, England, 1857-02-28 00:00:00

MONEY MARKET

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
Letters from Liverpool state that the Cotton
Market yesterday closed quietly, without any ma-
terial alteration in prices. The sales were estimated
at 6,000 bales, of which 1,000 were taken by the
exporters and 1,000 by the speculators. The Rail-
way Share Market closed very firmly, at a slight
advance in value.
The Bank of England Return for the week end-
ing the 21st inst. is generally considered very fa-
vourable, as it indicates a considerable improvement
in the position of the establishment. The Reserve
of notes has increased, and a diminution of nearly
half a million sterling is exhibited in the other
Securities. Considering the active demand for
money which has prevailed these alterations are
encouraging, but there is a large falling off in the
private deposits, showing that extensive employ-
ment is found for surplus means. The bullion has
increased, although the late specie arrivals have
been absorbed in silver purchases. The principal
items and the changes they present are as sub-
joined :
Active Circulation
Decrease
Bullion .

£18,615,155
181,260
10,404,690

Increase

Rest
Decrease
Public Deposits
Increase
Other Deposits

145,030
3,521,386
4,356
7,455,290
367,683
9,2P4,508

479,550
726,360
64,284
11,530,213
14,796
17,755,796
491,998
5,553,525
295,670

Decrease
Seven-Day and other Bills
Decrease
Government Securities
Decrease
Other Securities
Decrease
Notes unemployed
Increase
Tile official return of the exports of the precious
ketals from the port of London for the week end-
ing Thursday last is as follows :
Gold Coin
„ Bars
In the rates of exchange on the principal cities
• of the continent, yesterday afternoon, there was no
change of importance, but previous quotations
Were well maintained.
The meeting of the Mid Kent Railway Company
has just been held ; W. Dent, Esq., in the chair.
The accounts showed a balance in Court of Chan-
cery and at bankers of 6,736/. The agreement, as
proposed with the South-Eastern Company, for the
Working, use, maintenance, and otherwise by them
..ef the Mid Kent Railway, was submitted. As the
former company had since authorised a competing
°Ile) the proprietors of the Mid Kent Com-
pare), on the motion of Mr. T. Atkinson,
"`Gointded by Mr. G. B. Gregory, refused- to con-
Iftrol, the agreement between the two companies.
*as stated by the chairman that they were on
t,!
most friendly terms with the East Kent and
Crystal Palace Companies, so as to secure a direct
nus with these companies, and that the en,
ftineer Was now in a condition to commence the
Works
of the Mid Kent line as proposed, so that
e diaagreement with the South-Eastern Company
would, he hoped, have no ill effect on their under-
taking.
There is still a good inquiry for discounts, but
the pressure is not severe. Full quotations are
askod for discount accommodation.
The English Funds to-day have remained
Wet, and very little variation from the prices cur-
rent late yesterday afternoon has taken place. The
preparatory arrangements connected with the set-
tlernent will now engage chief attention, and in
Other respects the market will, no doubt; continue
,t,lllll- Consols for transfer have been 93i /and
:31. I ; for next Thursday, 93,1 ; and for April 8,
tti if. The New 3 per Cents. are 94 to 94k, the
Reduced 93/ 94, Exchequer Bills 2s. dis. to 2s. pm.,
and the Bonds 98i /.
A. fair business has been done in foreign securi-
rs, and the quotations have generally been firm;
;urkiall 6 per Cents. are 961 97, but the 4 per
elits• are nominal. Spanish 3 per Cents. have been
dealt in at 40g. Russian 4& per Cents. at
882 99. Mexican at 22k, and Peruvian at 811.
The following are the nominal prices of Foreign
Iltsscks :----Grenada Deferred Bonds, 6t 7 ; Mexi-
-41, 21i 22 ; Peruvian, 80 82 ; Ditto Three per
112" 55 57 ; Portuguese 3 per Cents., 44 46 ;
g - o,an 5 per Cents., 109 111 ; ditto 4i per Cents.,
; Spanish 3 per Cents., 401 ; ditto Deferred,
; ditto Certificates, 6a- ; ditto Passive,
ti G.

hlttbe Railway Share Market a large business
fnii been done in almost all the principal lines, at
3' Yesterday's quotations, and in some cases a
ight advance may be reported. Eastern Counties
v
58. ; Groat Northern, 10s. North-Western,
"zi• ; Manchester, Sheffield, and Lincoln, ss. ;
ast Anglian, North-Eastern (Berwick), and Ox-
rrcl) Worcester, and Wolverhampton, ruled a shade
a°,
_,er• Paris and Lyons receded 55., and Northern
"____L•rraque
improved l/. Grand Trunk, and Great
Western of Canada were about ss. lower.
• 13fiti8b, Foreign, and Colonial Mining Shares
have been freely dealt in at about former rates.
Joint Stock Bank Shares have been quiet, but
'llllll4.

In. the Miscellaneous Market Electric Telegraph
'leelined 108. to 15s.

*JUTISH FUNDS THIS DAY AT ONE O'CLOCK.
( From the
.official List:)
klueiness done
..3 Per Cent. Reduced Annuities 93i / 4
" Per Cent. Console Annuities 93 A / i
4,.."" Z per Cent. Annuities 94A 1 4i
•to lia Builds, £lOOO
.... Ditto, under £lOOO , 5 d
ueasois for Account •
.... • 9313 i
Pichegner Bills, lid. Magner
..... . 2 d 2 p
...... .
Small. ... . 3
p
......
Ditto Z 17.. ertimed. ...•
par
Ditto Bonds, 1858, 34 per Cent. . 9Bl
Ditto, 1859
•
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK
iiraxilian Bonds, 5 per Cent. —
Ditto New, 1852, 4i per Cent.
%Man Bonds, 6 per Cent lO4l
Mexican 3 per Cent —
_eDitto Account • ... 22*
E ruviau Bonds 4i per Cent
alasaian Bonds, 1822, k, St., 5 per Cent —
Ditto, 4i per Cent. 9B A
Ditto Small
Ord an Bonds, 5 per Cent. . .........
6131Inith Bonds, 3 per Cent.
~. Ditto Account I 4Ol
Turkield Bonds, 6 per cent 96
Ditto Account
Dividends on the above ()Jumble in Londe n.
butch Exchange, 2i per Cent., 12 Gull 6SJ 5
Ditto 4 per Cent. Certificates
TWO O'CLOCK.

.
Consols, monoy 193
Ditto Account
91 d
Ditto April Account

. STATZ OP TRADE.—MiNoIiEBTER, Feb. 27.—We
have bad -ad a dull market, the reaction in cotton, with
comparative in pitrative inactivity at Liverpool, having a quieten-
Influence on business in both cloth and
yagrn. The failures among the Greeks continue also to
affect the market prejudicially, and no operations of im-
portance have The
demand for ten entered into during the week.
Your of
of Prices is domesticsura is very limited, and the tendency
quiet, but steady buyers. Printing cloths are
shirtings is dull.. Spinners
business also in 36 and 40 inch
for the coarse counts
aners are more willing sellers, and
fivre disposed to entertV cops
The Blackwall, homeward and warps sellers area
The 6 ashade easier rates ',
with 322,0001. in gold o:rftrrd bound from Melbourne,
windfro from at sea. Several other vessels gilt, has Bow been 87 days
be near at hand, and the Australia must also
now favourable.
The private letters from
Par. 'sassed that the stock of
bullion in the Bank of France 1: about 8,650,0001.,
now
the monthly re-
showinan increase of 840,000/.
turn published on the 13th inst.
It is stated that, owing fo the
mission in the East,
protracted absence of
n
Sir EL L. Bulwer on his diplomatia .
Mr, Roebuck has been elected Governor of the Western
Bank of London.
p
Tworth
ELECTION OF CHIEF CONSTABLE FOE W
o c,IISSEX.
--At the adjourned sessions, held at
i
Thursday, the Duke of Richmond in the chair, on
ir, the zna-
g Regiment,
pt istrates elected Ca. Montgom
chief-constable for West Sussexery, late 99th

20
50
20
10

20'
St.
20
100
100
20

Advices from Madrid mention that the recent invita-
tion from the Spanish Government for tenders for a mail
steam line between Cadiz and Havannah, at a subsidy
of 25;000 dols. per month, failed to draw forth a single
reply. They have now increased their offer to 30,000
Gets. a month.
Timus OP PURCHASERS OF IRISH ESTATES.—A bill of
Mr. Whiteside, M.P., and Mr. Napier, M.P., makes
sundry arrangements for securing the titleS of purchasers
of estates sold under the Irish Court of Chancery. The
preamble recites the expediency of removing certain
technical difficulties in, suits for the sale of lands in Ire-
land under the said Court, and rendering the titles of
purchasers secure and indefeasible.