The Sun.
London, England, 1857-03-30 00:00:00

raONEY MARKET

AND
COMMERCIAL INTELLICT'ENCF.

CITY, Two O'CLOCK.

Letters from Liverpool state that the Cotton
Market, on Saturday, closed quietly, and prices
were without any material alteration. The sales
amounted to 4,000 bales, 1,500 of which were taken
on speculation and for export. The Railway Share
market exhibited a quiet appearance, at previous
quotations. From the other manufacturing towns
in the north-western districts the advices repre-
sent trade as being very dull, a 3 most persons
have been engaged in electioneering proceedings.
Previous prices are maintained, but the purchases
are much contracted. As soon as the excitement is
over and money becomes rather easier some revival
•I business may be expected.

The accounts from the United States, per
steamer Persia, describe the cotton market at New
York as being dull, but as the receipts had fallen off
holders were firm.

The money market remained very stringent,
and speculative securities tended downwards.
Advices from California state that the exports of
specie from San Francisco, from Jan. 1 to Feb. 20,
amounted to 4,946,069, while the imports during
the same period were 687,911 dollars, chiefly in
silver for Mexico for transshipment to China.
The demand for discount accommodation, al-
though very active, both in Lombard-street and at
the Bank of England, is not larger than might
have been expected from the preparations mak-
ing for the engagements due on the 4th
Proximo, when, as usual, a considerable amount
of capital will be distributed. This, combined
with the requirements of those engaged in specie
operations, causes increased stringency for a time,
but soon after that date some relief will no doubt
be felt, although any decided improvement at pre-
sent cannot be predicted. It is supposed
that the Colombo, which leaves Southampton
on the 6th for India and China, will take
out 600,000/. or 700,0001. in specie, and hence the
drain of gold from the Bank during the last few
days, as in the absence of Australian remittances,
• that was the only source from whence the re-
quisite supplies could be obtained. On Sa-
turday, about 40,000/. was withdrawn, but
Owing to the influx of coin into the establishment,
and the vessels which are now due from the anti-
podes, there is no uneasiness felt with respect to
the maintenance of the aggregate stock of
bullion at its present point. Besides the re-
ceipts which may be calculated upon during
the next few days from Australia, La Plata,
from Mexico, will be due on Wednesday, and a
large silver freight is anticipated. Last week the
arrivals of precious metals represented 217,1881.,
While the shipments were about 103,0451.
No improvement is reported in the rates of ex-
change at Bombay and Calcutta, and the silver
market is therefore firmer.
There was a meeting of the Turkish Gas Company
to-clay. The report stated that the directors in-
tended to renew negotiations, in the hope of a
favourable concession from the Turkish Govern-
Inent. Out of the deposit of 2s. 6d. per share
about is. per share had been expended, leaving
6,5001. to continue operations.
At the annual meeting of the British American
Land Company, to-day, no dividend was declared,
owing to the lands not being disposed of sufficiently.
It was recommended to wait for further remittances
instead of touching on the Reserve Fund. The
report was adopted.
Although the business recorded in the English
Stock Market is limited, increased firmness has
become apparent in consequence of the prospect of !'
Political affairs soon assuming a more settled posi-
tion.
Besides this the news from Persia and
China are favourable, and exercise some influence
On values. On the other hand, however, the de-
'band for money and the drain of gold still in-
duce caution, and the speculators abstain from
entering into extensive engagements. The rise in
Prices is about per cent. Consols have been 93i I
for money, 934 I for A pril 8, and 94± b for May.
tut India Bonds are ls. die., the March Ex-
chequer Bills is. dis. to 3s. prem., and the June 1
ditto ss. to is. discount. 2
Very few fresh dealings are recorded in the -
Poreign Market, but a slight improvement may be L---( 0
noticed in prices. Turkish 6 per Cents., how- 18
ever, remain heavy at 971 for money, and 99i
18
for account. Spanish 3 per Cents are 418, and 20:
the Committee's Certificates 6i. Mexican are 221 100
to 23, Dutch 4 per Cents. 98/, and Buenos 100
Ayres 85. 100
The following are the nominal prices of Foreign LO
Stocks :—Grenada Deferred Bonds, 61 7 ; Mexi- 20
Can, 22i 3 ; Peruvian 4i per Cents., 77 9 ; do. 3 20
Per Cents., 55 t ; Portuguese 3 per Cents., 441 51 ; 20'
Russian 5 per Cents., 106 8 ; do. 4 per Cents., st.
96 8 ; Spanish 3 per Cents., 41 ; ditto De- 12og
ferred, 25 ; ditto Certificates, 6i ; ditto 100
Passive, 5 6. 20
The Railway Share Market this morning bas St..
been rather active, but the chief business trans- 100
acted has been in connection with the usual settle- ,i(0)
anent of the half-monthly account. Most of the 20i
leading lines havo been at enhanced values. a
Caledonian have improved about 10s. ; Eastern 100
Counties, ss. ; Great Western, 55. ; Lancashire and 100
Yorkshire, ss. to 10s. ; Brighton, ss. ; North- 100
Western, 1/. ; South-Western, ss. ; Manchester, 20
Sheffield, and Lincoln, 10s. to 15s. ; North-Eastern 20
(Berwick), 10s. to 15s. ; and South-Eastern, 15s. p,
In the Foreign and Colonial Lines, business has been 20
rather inactive, but Paris and Lyons have advanced 22g
N., Sambre and Meuse 55., and Southern of 20
trance ss. Grand Trunk of Canada have been --
.very buoyant, and have improved fully 1/. to 21.,
and Great Western have receded about ss. to 10s. 10
Mining Shares are very inactive, Great Wheal 5
Vor are dealt in at 61 and Brazilian Imperial 20
6
Joint-Stock Bank and Miscellaneous Shares
Allow no important alteration. Bank of Austra- 20
lasia have receded about 10s. London and West- 11
nainster 55. Royal Mail Steam Shares have im 20
-
proved 15s. 20

it itITISH FUNDS.—CLOSING PRICES —TB IS DAY.
(From the Officzal List.)
Bess, ess done
3 per Cent. Console Annuities , .933/4 i
indift Bonds, £lOOO
- Ditto, under £lOOO 1 d -
Consols tor Account 93i i i
Richwine? Bills, 24d March. I June.
2ENOIOOO , ..1 d 3 pil 5 d 1
DWI
par
. PRICES OF FOREIGN FUNDS—THIS DAY.
Brazilian Bonds, 5 per Cent. —
Ditto New, 1852, 4i per Cent.
Buenos Ayres Bonds, 6 per Cent. B5 7
Grenada New Active, 2i per Cent. 22
Mexican 3 per Cent 22i 5 3
Ditto Account _ 23

_, - ---- --
Si:tallith Bonds, 3 per Cent.
E; Ditto New Deferred, 3 per Cen'.
Ditto Passive
Spanish Committee Cert. of Coup. not fun 63 1 1
Turkish Bonds, 6 per cent 97j iLBi
EOM() Account ................. •••••• •
Ng Ditto Guaranteed, 4 per Cent.
Di' i"n`la 0, the ohive oavobie in Lon& n.
Dutch Exchange, 24 Per Cent., 12 Guilders
Ditto 4 per 'Cont. vertificates
....... 9Bl
THREE O'CLOCK.
Consols, money ............... 93§ i
Ditto, Account:( A pri.............
8) 93z.

• Loss OF LIFE THROUGH PINSBORY ELECTION.—-
eiderable reusation was created
Shortly before the closing
of the poll for the Finsbury election on Saturday, in
'consequence of an accioent oceurri ng which was at-
tended with loss of life to one of the Hu' oporters of Mr.
-William Cox, M.P., the new member for Finsbury, under
the following melancholy circumstances ;pears
that Mr. Edward Wilson, aged 45, who resided at No.
39, Endell-street, St. Giles-in-the-fields, had just loft the
committee-room of Mr. Cox, Brownlow Arms
Tavern'
13rownlow-street, Drury-lane, in a cab, for the Purpose
of going to Islington-green, when turning round the
eorner of Endell street the deceased put his body out of
the cab window to speak to Richard Waddilove, No
6,885, cabdriver, when it swerved on one side and over-
balanced the cab, crushing the head of the deceased,
and throwing the driver from his box. Police sergeant
14 F, and Mr. John Hoc, head beadle of St. Giles, irn.
rnodiately ran to the spot, and found the deceased
ying just as the cab had fallen. IHe removed the un-
fortunate sufferer without loss of time to Mr. Jones,
surgeon, 'Drury-lane, who rendered every assistance
that medical skill could suggest, but he died shortly
afterwards and was removed to St. Giles's
workhouse for the coroner's inquest. The deceased was
highly respected in the neighbourhood, and the melan-
oholy circumstance cart a gloom over the proceedings of
be eelction.

20
25
2#3
100