The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-07-06
-A-
Markets.

Markets.
LONDON Monty MARKEr-FRrDA, EVENING, JUNE 2O.-The
announcement that the government OF this county have
determined not to initiate the policy OF that Of the United
States has created general feeling OF through
out kingdom, and will there is little doubt be looked
upoa similar light by all right thinking ersons across
the Atlantic. MIR. Dallas, under these stances,
nns Minister of the United States 10 Great Britain
with full powers to negotiate all matters at issue be-
tween the two countries II seems mighty imp )baba that
my person Y be sent from this country TO act its
preventative at Washington long the al ADMINISTRATION
of President Pierce continues hos Office There can be
little doubt that Herces term OF Office rapidly drawing
ito close, as THO latest advicoh from the United states
state tst his own party he democratic have pat him
aside, and nominated UNANIMOUSLY as their candidate
for the next Presidency the Hon. James Buchanan,
late minister 10 Ens!and-a nomination which has met
with almost universal appreciation throughout the
states. The moderate and concuiaory spirit In which
Lord famerstons Cabinet have met that Of the untei
States well the knowledge that President Pierce
win be succeeded by Mr. Buchanan, whose heightened
residence must have given him thorough knowledge OF
the people and institutions OF this county have caused
better prevail in every description of commerce.
with the exception OF cotton
steady demand continues to be felt in the money
market, but not TO such extent TO prcssure
on the contrary easy aspect has been manifested The
likely TO be altered until the close of the monh-the pre-
sent demand for money being likely to continue until the
payment the next instalment OF the late loan due on
the 2Sh inst and amounting to FL 900 000 II Is also
felt that so soon rs the government disbursements for
which the loan was contracted shall have taken place.
together with the payment OF the dividends, marked
improvement will be observable The large arrivals Of
gold known to be on the way much of which overdue
Next month Is, therefore, looked forward TO with cona
'dence By the commercial world likely to present
the minimum OF the Bank Of England. In the discount
houses of Lombard street ease continues to be mani
demand quiet sup the Stock Exchange the rate
is still a5out five cent for short loans on stock The
aysd om Australia aTs Maway wh
ounces the Morning Light With GO 600 and 900
soyeregns and the George Marshall with 900 ounces
and 100 900 sovereignsmaking aggregate from Aus
tralia of above $500 000which with the supply brought
by the Canada and Baltic steamers from the States, will
make the total amount reach nearly one million sterling
during the week. the greater portion OF which, owing
the present state Of the foreign exchanges likely TO
find its way TO the Bank Of England
The return from the Bank of England for the week end
ing the 18th OF June gives the following results when
compared with the previous week
Public deposits. ga liz, l4s Increase fsl5 32l
Other deposits 10 2ls,76l Decrease. 5ls,752
Rest. ......... 3,2l4,SS7 Increase ........ 5,7A
On the other side OF the account
Government ecurtiesf FL ZIG 46S Decrease fi55 65S
Other securities .:... l434zo 79 Increase. 1878
The amount Of notes in circulation is Gle 233, $50,
being decrease of f35 and the stock OF bullion in
E37037i when compared with the preceding return.
There has been fair demand for silver this week. and
weeks prices. Ferdinand dollars inquired for and
N.4hd per or would be given for them There have
fEngland being the principal buyer.
oreign gold In bars (standard) per ..f3 II
DO. silver IN bars lslandard) per o. s
DO. do Spanish, per oz.......... 3 IL
10. Napoleons, per oz................... 3 is
Do. 10 gulder pieces per ....... 10
yer coin, Mexican and South American dol
lars, per Observation-Disclosures. 0
DO. Spanish pillar dollars per ........ o l9R
The British funds although not excited by the ministc
announcement At the expected settlement Of dis
<hes with America without having widen rupture
BY sending Mr. Dallas out OF the country have neverthe
less been very avoraby influenced and consols although
not showing marked advance in quotation have evinccd
strong and steady tone Yesterday consos were first
quoted s4A s9al ey dividend whence they declined
Ill for moment thSre were sellers at esls. The final
price, however, was 81 y 94 and the general OF
he market good. To-day steadiness continued to
prevail in the funds but there not any business OF
Importance transacted. ConsoL closing firmly fol.
Hws-Consos account pa 94S.
The following table will show the fluctuations in
-ols since the 1871