The Sun.
London, England, 1855-01-04 00:00:00

MONEY A a 1. A P KET

COM MEE C/A. L INTELLIGENUE.

CITY, TWO O'CLOCK.
The Sales of cotton at Liverpool yesterday were
r,l,e.l3lated at from 6,030 to 7,000 bales, all to the
The market continued steady, and prices
iPanged. The sales comprised 350 Pernam and
anA4r4,llhain at Nd. to 6,12 d., 100 Bahia at 50.,
„%.'Yptian at 51d. to 74d., 500 Surat at 3d.
th-'1..) 50 Sea Island at to ls. Bd.. per lb., and
enremainder.American. Railways wore firm.
tide followinr, report upon the oil market, at
41'1)001 is by Messrs. Joseph Robinson and
Co.

."The oil market has evinced great steadiness since
Ziler previous annual report, the supply having abeut
Pt Vice with the consumption. Tile import for the
ilear of olive is 9,372 casks, against 9,635 in 1553, show-
equal.sl decrease, though the stock on baud is folly
to the close of 1853. For the last three years the
ileantity of olive oil received has been small, accounted
bY the failure of the crops, and the business for some
has partaken more of the retail character. 'Sperm
ttl 11. much reduced in stock, and the value is 21/. per
061'llgher than at the termination of 1853. Palm oil
the • per tun dearer, since the same period, caused by
war curtailing the supplies of tallow. Referring you
tao the
„ Comparative prices on the Ist Janaary, 1852, Ist
185"511.4„11, 1553, Ist January, 1851, and lit January,
kliFon the wool trade in Liverpool, during 1853,
"sr& Abram Gartside and Co. write as under
t
th is reviewing the wool and woollen trades during
ePast year—a period characterised by war, political
I('llleertainty dear money, and, with but a short interval,
rirv,,f"d--'we have to report a less unfavourable state
"",logs than might have been expected.
10::,the exception to these remarks is the worsted trade,
pros
consumes the bulk of the long-stapled wools.
ih,nlB branch was two years ago in:a, state of excessive
.44-,B,;PritY, and has since paid the penalty of over-pro.
Z 1) ; but a general system of short time, compelled
severa distress, is working a cure, and we hope the
welae point of depression is passed.
50" Most other.departments of manufacture have, with
gita!,flactuations, had a steady trade, and those en-
ce!d'l in executing Government orders bars been ex-
tirdilnglY active. The exports of woollens, being par-
t,Y deprived of the support of Australia and the
pk"_,lt,ed States, show a moderate decrease when c
with 1853, but it should be remembered that this
pc7.l. was by far the largest on record both for the im-
",t‘ef wool and export of manufactures. The home
tr4;7, though quiet and less remunerative than before,
elli,been tolerably good, and the system of working
4:Y to order having been generally adhered to stocks
• it„l'oen kept light, and business free of speculation.
dtt:,!4eBPecting supplies ,of wool, we find that, after de.
4,13,14'g the export of British and Irish from the foreign
deg ei°loMal retained for home consumption, there is a
.of joie,r'eY of 27,700,000 pounds for the first ten months
18';1 when compared with the corresponding period
erelau3, but the quantity then received showed an in-
to ‘t: °f 25 per cant. over 1852, and we still are equal
(li:pe;eedrage of the few preceding years. The stock
wool is light, and assuming. the great growth
WO tci:?1111 our own country to have remained stationary,
qtire Ink the total stock will not be .in excess of our re-
,,'rats as at present indicated.- •
vslue nttrasted with twelve months ago the .present
.I)'Australian and other merino kinds is-about the
a, .wl.•
frond horne-grown,and those descrip•
foreign which previously bore an extra value on
too, put of their. combing' properties, are 20 per cent.
*NI and on the • shorter or clothing' kinds the de.
ii 41.0. per cent.
thattLtgarding the future course of prices, it is unlikely
defe47d, Will fall to a much lower level, because the
6riaa;t' system of consumers, while it has tended to
8448 4,,de into a healthier state, has also reduced their
etate wool to a narrow compass ; the satisfactory
,vatieed°' the agricultural population, the generally :A-
ttica Wages tlarouglsout the country, and the conti-
eteo "Port demand, will all exert a favourable info-
neas present the market is firmer, but the dear-
titte (4, money and the uncertainty attend int upon a
the °' Srw will necessitate caution, and we must have
hefortnePect of another good harvest and cheaper food
in the we can cawoolculate upon any material improvement
price of l."
The titheBrL
ana
ezces issued by Messrs. Baring Brothers
ceivo
Rothschild, of their intention to re-
loan, are t rslieS of subscribers to the new French
minor capitaat to be freely responded to by the
City ; and
as 3.e, of the Stock Exchange and of the
.there will be a del'Jr cent. deposit must be made,
baoney market for1:-Itcl effect produced upon the
file teras of the loan a time being at least. Tho
1111 the event of adverserefavourable, but there might,
"e such a change il or other news,
e riskt-14 market as to expose
the holdersi to th
ttothisr week from Australia halsoss. The gold arrived
all been taken for ex-
TaLen to the Continent, and 361,0001. have
sent off to India and China by the steamer
gu?his being the " fourth " of the month a Large
to-i'lltrit of bills falls due, and some anxiety is felt
/tild'ile result. The stoppage of Messrs. Morewood
t,',.ll,o„fiers is due to disappointments in the Aus-
-11,11an trade.
i'•viore firmness has been exhibited in the English
aelc Market this morning, and there is a rally in
iioe,s) induced chiefly by the impression that we
X" have decided intelligence, and perhaps of a
oUrable character, from the Crimea ; since it is
airt alleged that the assault was to be made on or
iib,°ll_ Christmas-day. The account is also work-
-1;': °lit many speculative contracts 'nave already
to ill, arranged. If prices further decline stock would
toi. Put,' and should a rise occur it will be "called"
404 Consols opened at 901 and have since been
Dlie a't 91. The New Throe per Cents. are 90i to
kltii,'l,,od the Reduced Annuities 90i /. Bank
main is steady, at 210. Exchequer Bills are
at 971ried at 4s. to 7s. premium, and India Bonds
• ps to 12s, premium.
tortiihreiP Stocks are again very inactive, but
Without variation in prices. The Turkish
arehas improved to 75 to 75i. Equador Bonds
-11-bl'at 38
, and Sardinian Five per Cents, at
.....ividft.,4missian Five per Cents. are marked 87 ex
Nothing has been done in Dutch or
The4.ll Stock.
Rteolces .410wiag are the nominal prices of foreign
e4ll, 2-07'qrenada Deferred Bonds, 5 to 6 ;
Mexi-
Cetlts to 211 ; Peruvian, 69 to 71 ; Ditto 3 per
42. 4.) 8
to 50 ; Portuguese 4 per Cents., 40 to
ellt 'Vali 5 per" Cents., 97 to 99 ; Ditto 41 per
481:%-;,?.5 to ; Spanish New Deferred, 18 to
',"to 3 per Cents., 37 to 37,tt ; Ditto Certifi-
V to 5i ; Ditto Passive, 42- to 1.
40 1,
'l5 this i.,..."5t Week's railway receipts ascertained up
rt ":s3rtze in round figures as
1854 1853.
r 1853.
2;20,420 £17,575
,01141,117 ester
tcrieito eetern
Midland•• 10,652 10,531
eSntli,East—e;
16,197 15,594
Caledonia .
Great Nan
tftr, °lthern 25,666 21,489
I+Torth.4reta.nd Yorkshire
8 ern • 27,907 25,518
ij°.rl. Railway Shares there is not a very animated
and Y, but the quotations have slightly improved,
pothere is an appearance generally of greater
rYanoy. Tho East India shares are also sup-
Pted. The French are merely nominal.
In the Gold Mines there have been a few traus-
4etiOns at about former rates.
The Banks are dull.
11iiscellaneous shares and debentures have been
'tore
dealt in and at fuller rates.

131t1T1Sil FUNDS THIS DAY.—CLOSING PRICES,
(From the Official Lid.)
Stock
Business done
111411.
~
Never Cent. Reduced Annuities 9O/ A '
Cent. Annuities
IP Azuuities, Expire sth Jan., 1860
tzlittc. 30 Years, Expire 10th Oct., 1859 4 3.16
b' 1113/Ids.-41000 . .
P.. 0 Bonds.-41000
runder £lOOO l3
:e 16 f°l' Account, 10th January
lul ciu cr. Bile' 24d.
4000
4 7 4
. - Bkall N. 00000 *a. •••
7 4
Vl'lli....,htlCE OF FOREIGN FUNDS TIILS DAY.
1,,itit.,014/3onds ,
1441;4'144 Rends, 4i per Cent. 694
1:16/ioncls, 4.4 per Cent
likii4l. Sonde, per Cent... .........
tir tici.l7lip, paid up in full
erleztlei t the Account
Ditto ;.11oncis, 3i per Cent. •••••• -
bn,_ ut?ferred, 1 per Cent 94
-bvil ip..videncla on the above payable in London.
—44lange, 2A per Cent. 12 Gull

THREE O'CLOcir.

•onaols
bitto, January A cconnt ...... ••