ENGLISH COMMERCIAL INTELLIGENCE.

Colonist, Volume III, Issue 227, 23 December 1859, Page 3

ENGLISH COMMERCIAL INTELLIGENCE.

London, October 18th, 1859. The leading features of the money market during the month have been, abundant supplies, moderate activity in the demand, and an almost unvarying equability ia the terms of accommodation. The quarterly settlement in the Stock Exchange occasioned, as usual, a stimulating enquiry, but no inconvenient pressure has at any time been experienced, and since the subsequent dispersion of the October dividends, capital is plentiful, and obtainable from 2\ to 2| per cent until last week, thirty days discounts. Transactions at the Bank of England have been well sustained. ' Tnere are now aymptons of slackening. The bullion in.those.establishments, after a weekly iucrease from September 7th to October sth, amounting in the aggregate to about a million sterling has, by the last return declined .to the extent of £354491; also £150,000 in gold is known to have been sent into its coffers during the week. As very little is now forwarded to the Continent, the demand is supposed to have proceeded from the country to meet the requirements of trade. Nearly all the large supplies of bullion whioh havo c.me to hand during the month have been tak-n to the Btnk aud it is mainly to this circumstance, and the absence of speculative inquiry, that.the present quiet strength of the market, is to be ascribed. The following, according to the official returns, represent the imports and exports of the precious metals during the month ending October 12th:— ' Imports: Gold, £2,169.822. Silver. £884,659. Total. £3 054,481. Exports : Gold, £871,856. Silver, £1,194,715. Totals £2,066,571. Returns now published show that the imports of Bpecie this year, up to the end of August, have amounted to £26.702,568, against £19,931,278 during the corresponding month of 1859*. . v y,.y,. JW --

London, Tuesday, October 18. Ano vherC;ibiuetCoun(lil held yesterday, which U significant. Ministers have to come to an understanding upon a nutnlier of grave and critical questions. Things were bu'<»y aiit in the city yesterday upon the statement of the termination of the lab-irs of the Zurich conferences, and consols finally, olosed at 96 and J to §. Railway shares improved iv some instances considerably. £130,000 in specie arrived, but there were no bullion transactions at the banks. ; Money is abundant, but the rates keep up. The treaty o£peace between France and Austria has at last been signed. This is revealed to us by telegram from Paris. There was a preceding telegram apprising us that the thing was impending, aud which positively stated that all questions including the monentary settlement had been arranged by the plenipotentiaries. The next question which arises is, therefore, whether an European Congress will be called together, and this is a question upon which our Cabinet Councillors must .have been deliberating upon Saturday and yesterday. The honor of a visit from Prince Napoleon is an event both sudden and striking. The announcement of the Pariß telegram yes-" terday that the Prhiee was coming over to' visit our ports and arsenals, must have been penned by a wi»g, who knowing the weak side of our countrymen determined to try the effect of an electric shock, r The more, sober statement of d later despatch, that the Prince hoped to get down to Holyhead in time to tee the Queen, witl, we trust, mitigate the impatience of, those gentlemen who are writing to us in hot hasfe'to know by what authority, the Prince1 presumes to poke his nose in our ports aud arseuals. 1 Prince Napol**"l bas, ao/doubt, come over to se<^ tbs Que^n as well aj the Qreat Eas^n, and \t i|*»#;^kss|e-w\li #Hfai^^^ W^^ol^ laifipg fi^rwi:■M:p^B^:^'^"'.■'':, "-" v " •-'"".v"- '*'" * },y. •'-■"'. 4' '■■ t *ii_ ~- / . ■ - , - t-i Though we wport^oifdy^five vesiela to $ew Zealand—four from London «d one- froxQ* lAVwpiwMte raarte by item w* b«»v*< * >->\ .** - ) .W ■' yy>-- Z<Y-..y, .«*.,.,-»r..fy.- yy.- r