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The Daily Dispatch: April 25, 1862., [Electronic resource], European news. (search)
ted ships. He promised that no more wooden men-of-war shall be built. The declaration was received with great satisfaction. Commercial Intelligence. London Money Market.--On the 2nd instant console closed at 92½ a 93 7/8. Funds have been dull, but had an improving tendency at the close. Console advanced ½ on the 2d. There was less demand for discount at the Bank, and the supply larger in the open market. Gold continued to flow into the Bank. Liverpool Cotton Market, April 3.--The sales of the past three days sum up 12,000 bales, of which 3,000 were to speculators and exporters. The market closed with an upward tendency, but quiet at unchanged prices. Cotton.--The brokers circular reports the sales of the week at 32,000 bales, including 5,500 to speculators, and 7,500 to exporters.--The market advanced one eighth of a penny principally on the middle qualities, closing quiet. The sales to-day (Friday) are estimated at 5,000 bales, including 1,000 to specu