The Sun.
London, England, 1857-12-10 00:00:00

A EA. 91

A D
COMMERCIAL INTELLIGENCE,
Stir.

CITY, Two o'CLocir. I -
The Liverpool Cotton Market yesterday closed I 121
heavily-, :ind prices continued to decline. The sales I 50
amounted to about 3,000 bales. The Railway 131
Share Market manifested an exceedingly dull ap- St.
Pearance, and quotations were without any mate-
rial alteration. 25
25
No failures were reported yesterday, and a much
More settled feeling prevails among the commercial Ssti.
Mlle, although it is fully expected that other sus- St.
Pensions will ensue during the next few weeks.
20
Several small firms are spoken of as being in an 20
embarrassed situation, but the improving prospects
10
19
of the money-market neutralise the adverse influence 50
of the opinions expressed upon this subject. Affairs 25
en the continent also are becoming quieter, although
20
it appears that the panic has extended to Warsaw.
Looking at the favourable change in New York,
and the increased activity of the import markets
41 India, there is some cause for congratu-
lation, especially as the rapid iufluz of gold
Points to an early decrease in the terms
of discount. Large amounts of gold aro daily
5,,°11:1 to the Bank, and the 300,0001. by the
Tamar is expected to be similarly disposed of to-
day. Besides this the Essex is reported off Beachy
Read from Australia with 105,255 ounces, valued
at 412,0201. The greater part of this may also
be added to the general stock of bullion, be-
,neause the requirements for export are very limited.
'wo or three other vessels, including the Suffolk
and the Marco Polo, are on the voyage home, and
Will, no doubt, bring considerable supplies, which
11 eY greatly accelerate an improvement in the posi-
tion of monetary matters. At present the bi-
tuonthly shipments of silver to India are com-
Paratively small, and the remittances to Hamburgh
are not upon such a large scale as was at first ap-
Prehencled. Nevertheless there is an active de-
311and for this metal, and the quotation of bars is
maintained at ss. 2d. per oz. standard.
The demand for discount accommodation in
Lombard-street, and at the Bank of England now
exhibits some signs of relaxing, and as there is an
ample supply for all legitimate purposes, a much
easier tone is perceptible. The rapid diminution
et trade will account for this falling off in
the inquiry, and, after the payments of the
4th proximo, the market will probably be still
further relieved. The weekly returns published
by the Bank of England will no doubt show a
Steady amelioration, and as the notes and bullion
are likely to increase, while the securities will no
doubt rapidly run off, discussions may soon be
heard upon the prospect of an early decline in the
utininiumrate of discount.
At the meeting of the Trust and Loan Company
of Upper Canada, the proposed dividend at the
rate of
71 per cent. was declared.
The balance presented to the creditors of Messrs.
tardgett and Picard, who have recently failed in
~
corn-trade, gives the liabilities at 85,1421., and
the assets at about 16,106/.
The Indian exchanges are reported at a further
slight improvement.
During the fortnight ending yesterday the
Company
of bills drawn by the Hon. East India
'°lllpany upon their three presidencies were 2,184/.
iThe following are the nominal prices of Foreign
Stocks :-Grenada Deferred Bonds, 5 6 ; Mexi-
-0,5n, 18g 181 ; Peruvian 411 per Cents., 75 77 ;
ditto 3 per Cents., 50 52 ; Portuguese 3 per
Cents., 43 44; Russian 5 per Cents., 104 106 ; do.
41 per Cents., 95 to 97 ; Spanish 3 per Cents, 40,t
411 ; ditto New Deferred, 25 25,1 ; ditto Certia-
%tog,
The last week's railway receipts, ascertained up
t
this day, are in round figures as under
1857. 1856.
Great Western
£25,964 £24,210
North-Westernsl,lo4 56,347
tioatb-Western
"'right on 12,208 10,930
Midland
Great Northern
15,588 15,309
,?reat Northern - 22,337 23,789
treashire and Yorkshire 17,857 21,558
iestittol and Exeter 2,410 2,135
Cheater and Holyhead
Ldlt Lancashire 4,741 5,603
Schester, Sheffield. & Lincoln 9,144 8,853
North
32,017 29,713
..I°l-th Stafford
~,"Iford Worcester and Wolverh 4,037 3,768
vir"°ll_t,ll___ Devon
nartlepool 3,104 3,037
~e,l.last and Ballymena
c!!nburgh, Perth, and Dundee
-!huburgh and Glasgow
•
Glasgow and Sour h-Western
Scot • 6,162 6,160 1
tub Nortb-Eastern 3,522 3,332
"'rand Trunk of Canada
Great Western of Canada 9,947 14,486
There is a firm market for English Securities,
and some transactions have taken place at an
advance of i• to / per cent. Speculative operations
for a rise preponderate, owing to the causes which
have been referred to during the last few
days, and the principal of which are the influx of
I°ll4 and the expectation of increased ease in the
the
Market. The transfer books being closed St.
'l'LleB
_Stock Market presents a quiet aspect, but the 1,4
have
in the quotations is favourable. Consols 20
;ye been9ll and 91t g ex-dividend for account. 20
Newy are now 914 1, being very buoyant. The a
TThrees are , 911 ; the Reduced, 91i ; and 100
tOm:k Stock is 2171. Exchequer Bills are 2s. dis. 10000
zs. Pm. ; and ditto Bonds 99k. ; India Stock
18 219, 20

In the Foreign Stock Market business has been
restricted, and prices continue steady. Turkish 6
per Cents. ars 92t ; ditto 4 per Cents., 991 ;
Brazilian, 5 per Cents., 98 ; and Portuguese 3 per
Cents., 44.
The transactions in the Railway Share Market
this morning have not been large, and the varia-
tion% in most instances have not exceeded about
tes3 I per cent. The tendency, however, is towards
Ihimprovement, notwithstanding the unfavourable
tWan returns on many of the lines. Caledon'an
Improved ss. ; Great Northern (B Stock), 15s. ;
Lancashire and Yorkshire, 10s. ; North-Western,
.; Manchester, Sheffield, and Lincoln, 55.; and
Midland, ss. Brighton declined ss. ; North-
-I:Btern (York), 55.; and South-Western, 10s.
"""-„ anehester, Sheffield, and Lincoln, North Eastern,
'erviiek, and South-Eastern realised about former
quotations. The Foreign lines are very quiet. Paris
1;4 Lyons have declined about ss. ; Dutch,
Rhenish, and West Flanders wore a shade flatter.
In the Colonial undertakings business ruled very
active, and prices (with the exception of Grand
Trunk of Canada) exhibited little variation ; this
lino, however, declined about 15s.
Joint-Stock Bank and Miscellaneous shares are
flat- London and Westminster declined ss. to 10s.,
411 d Canada Land about 3/.

PRIDES OF FOREIGN FUNDS AT ONE O'CLOCK
arm the Official

tiAnk Stoolsßusineff 8 done.
217 A 17
717,:.!:eut. Reduced .Antinitioe
Ind. 4 Per Cont. Annuities 90- 14 A a
India Stock
"lel Fie.! n
E ler Account
""' 'ge 11111 b, 24d.
£lOOO
Ra)-, ... 2 d 2 p
-equer bonds, les 4, .-s6 per Cent.... 99 i
Ditto, 1359
rill/TM( FUNDS THIS DAY AT ONE t, CLOCK
b
i;orkainan 5 pet; Cent.
tba6'ueso BAlds, 5 per Cent., Con. 1841 --
~ Ditto 1853, 3 per Cent 4l
li arkieh Honda, I; pe cent —
Litto Account 92
...
Ottto Guaranteed, 4 per Cont.
Dividends on the above payable in London.
TWO O'CLOCK,
. 91./, a x d

Consols account

SOUTHAMPTON, WedneBdaY. }1"
Royal
2
the Princess r',' al attended by the DuchesHof Atholighness 1
5g..
(lady iu waiting to her Majesty) and Captain du Plat
(equerry iu waiting to the Prince Consort), landed in the (2,
docks, this morning, from the Royal yacht Fairy, Hon. 0
Capt. Denman, for the purpose of visiting Winchester. 2
The state carriage was brought direct into the docks, 6
and the quay and steps were covered with scarlet cloth. 2
Her Royal Highness was dressed in mourning. On the
return from Winchester the Royal party embarked at 1 ".‘
o'clock for Osborne. Her Royal Highness was received ~
on landing and embarking by Mr. Hedger and Mr. Levy,
and was graciously pleased to thank those gentlemen f.r
their attention and art., ngements. The frigate Melampus
saluted as the Royal yacht steamed down the river. His
Royal Highness the Prince of 'Wales will embark from
the cloche on Saturday, en route from Windsor to
%bora%