The Sun.
London, England, 1855-12-14 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE

CITY, Two o'CLoos.
The Liverpool Cotton Market yesterday closed
very firmly, but tamely, and prices of American and
Surats were id. per lb. dearer, but all other de-
scriptions were unchanged in value. The sales
were 7,000 bales, 1,200 for export, comprising 120
Pernam and Maranham, 6g d. to 6d. ; 30 Bahia,
5 15-16 d. ; 100 Egyptian, 6kd. to 71d. ; and 2,000
Surats, 31d. to 4id. per lb. The Railway Share
Market was quiet, at about Wednesday's prices.
The Colonial Produce Markets this week have
remained in an inactive state for some of the lead-
ing staples, and lower prices have been accepted.
There have been a few sales of West India and
Bengal sugar, at Is. to 2s. per cwt. decline ; but
holders have brought forward small parcels only.
Native Ceylon coffee has attracted more attention,
and Plantation has risen 6d. to ls. per cwt., but
Mocha is 3s. to 4s. cheaper. Tea has slightly im-
proved, and 9,1 d. to 9&d. per lb. has been realised
for common sound Congou. Rice has receded 3d
to 6d. per lb. Cocoa has ruled heavy, and spices
of all kinds have remained at about previous values.
For saltpetre there has been scarcely any inquiry,
and purchasers of rum have limited their operations
until the result of the Government contract, taken
yesterday, was ascertained. There has been rather
a fluctuating market for tallow, but the prices,
which were buoyant in the early part of tho week,
have ruled rather lower since.

At the opening cf the Paris Bourse, yesterday,
there was much hesitation among buyers, and the
market ruled dull. In the course of the day, how-
ever, the monthly return issued by the Bank of
France, which shows an increase in the specie held
by the branch establishments, caused a favourable
reaction in all securities. The 3 per Cent. Rentes
rose 45 centimes for the account, and the 4i per
Cents. 50c. for the same term. Bank of France
Shares advanced 10f., and Credit Mobilier were in
request at an improvement of 15f. The Railway
Market presented great firmness, and the following
stocks rose vigorously :—Orleans, 2f. 50c. ; North
of France, 7f. 50c. ; Eastern, first concession,
7f. 50c. ; Lyons, 12f. 50c. ; Mediterranean, 10f. ;
and Midland, 2f. 50c. . . _

The changes in the monthly statement of the
Bank of France referred to are as follows :
Coin and Bullion Branch Banks,
increase

Ditto Paris decrease 18,370,355 f.
Showing a total increase of more than 7 million
francs exclusively in the branches, as the Paris
establishment shows a decrease.
The Paris grain market is generally reported as 11,
being dull. Dealings in flour, however, continue 50
with activity, and best qualities are in demand. 10
The prices are 108 f. per 157 kilos for delivery in
January, and 106 for immediate use. The factors 50
declared to sales of 314 quintals at the average 16'
price of 104 f. 50c. Wheat 58f. 50c. to 59c. per t 6
hectolitre and a half for best kinds. Rye, 39f. 8
Oats, choice, 29f. 50c. per 150 kilos.
St.
_ _

10
3t.
50

Accounts from Madrid state that there is a suf-
ficient quantity of grain in the country both for
home consumption and export.
The financial condition of Russia appears to have
been further considerably impaired in consequence
of the stoppage of cash payments by the Commercial
Bank at Odessa; still it must have been well under-
stood that such a difficulty would sooner or later
result. Russia having been unsuccessful in pro-
curing loans to any amount proportionate to her
expenditure, and as the commerce of the empire
has been so seriously crippled, if not almost
annihilated, the Government has been obliged to
resort to an immense extension of the note circula-
tion. At the same time, a system of hoarding has
been carried on, and the Government has demanded
payment in money fur taxes and custom-house im-
posts. Under these circumstances, therefore, it is a
matter of surprise that a suspension such as re-
cently noticed at Odessa was not announced at an
earlier period. The panic occasioned by the event
has now extended to Moscow, Novogorod, and
other cities, and will no doubt further increase.
It is not expected that the loan of 8,000,0001., for
which subscriptions have been opened at Berlin,
will be more successful than those previously at-
tempted.
The English Stock Market rules dull, in the
absence of any important foreign intelligence or
large speculative dealing. The quotations under
these circumstances are easily influenced, and a
few sales of stock have depressed Consols to 88i I,
after having been 88/ earlier in the day. The
New Three per Cents. have been 894 4, and BS/
to 89. The Reduced rule at 88i I. Bank Stock
is 4 per cent. better, viz., 210. Exchequer Bills
are 7s. to 3s. discount, and India Bonds 3s. dis-
count.

Foreign Stocks are generally quiet, but Turkish
6 per Cents. have advanced to 83i to 83k, and the
New Scrip is firmer, namely 3i to 3 discount.
Dutch 2i per Cents. are 63i and the 4 per Cents.
94. Equador Bonds remain at si, and the Brazilian
have recovered to 99k.

The following are the nominal prices of foreign
stocks: Grenada Deferred Bonds, 64 to 7 ;
Mexican, 191 to 20 ; Peruvian, 74 to 76 ; ditto
Three per Cents., 52 to 54; Portuguese Four per
Ceuta., 41 to 46 ; Russian Five per Cents., 96 to9B ;
ditto Four-and-a-Half per Cents., 88 to 90; Spanish
Three per Cents., 39/ to I ; ditto Passive, 7i to
; ditto Deferred, 20g to 1 ; ditto Certificates,
41 to 1.
The settlement of the account in Railway Shares
is proceeding satisfactorily, and the market is with-
out the slightest symptoms of animation. Still,
however, in one or two instances there is an im-
provement, as compared with the latest rates of
yesterday. North-Western have risen about 10s.
Foreign and Colonial lines rule dull.
Mining, Banking, and Miscellaneous Shares are
inactive, but Royal Mail Steam have advanced it.

BRITISH FUNDS THIS DAY AT ONh CLOCK.
( Prom the Oficial List. a

, -
Buenos. done.
Bank Stock
3 per Cent. Reduced Annuities,.......- BBf f A
3 per Cent. Consols Annuities Shut 89f
Nliv 3 per Cent. Annuities ...
Long Annuities, expire sth Jan. 1860 _ 34
Ditto 31 Years, expire sth Jau., 1860 Shut
Ditto 30 Years, expire sth April, 1885... 16 5.16
India Bonds, £lOOO
Ditto, under £lOOO 3 a
Ooneols for Account BBl i 4
Exchequer Bills, lid.
£l000
.

£5OO . . • •
fimall 6 1 d

Ditto Bonds, 1858, 3/per Cent.. 97a 8a
„ 1859
~,,.;` „
PRICE OF FOREIGN FUNDS AT ONE (YCLO X
Brazilian Bonds, 5 per Cent. —
Ditto Account 991
Equador Bonds
Spanish Bonds, 3 per Cent —
Ditto Passive 74
Turkish Bonds, 6 per cent E3a If
Ditto for the Account Bl
Ditto New Scrip, 4 per Cent. 3b 3
Divtdeads on the above payable in London.
Dutch Exchange, 2b per Cent., 12 Guil... 63a
Ditto 4 per Cent. Certificates ........•...
Ditto Account
TWO O'CLOCK.

Consols • ••1
Ditto for Account

~ 88i i

Two years ago the inhabitants of Southampton were
dependent on sea-borne coal, and during the prevalence
of contrary winds at that time the price of coal was
raised to 3/. per ton. At the present time a large por-
tion of coal for steam•packet and housekeepers' pur-
poses in that town is brought into the town by rail from
South Wales and Derbyshire.
A DRUNKARD DECLARED LUNATIC.—Mr. Gerard is a
gentleman of independent fortune in Elgin. He is in the
way of getting drunk. Though perfectly rational when
sober, he is very violent when drunk, arming himself
with a gun and three pistols, and threatening to shoot
those who come near him. Besides this, he accuses his
wife of wishing to poison him, and gets up plots in order
to make his servants be su,pected of theft. Upon the
evidence of such facts as these, and on a medical certifi-
cate of this person's state of mind, the Sheriff-Substitute
of Elgin directed the committal of Gerard to a lunatic asy-
lum as a furious person, dangerous to the lieges, under
the 4th and sth Vie. c. 60, sec. 3 and 5 ; and he is now
in Morningside Asylum. On this he applies to the
tligh Court of Justiciary to set aside the order of the
Sheriff-Substitute. Of the five judges present at the
bearing of the case on Saturday last, two were in favour
of setting aside the order of the Sheriff-Substitute, and
three in favour of sustaining it. The order is therefore
tulltaiined.—Sotantan.