The Sun.
London, England, 1855-11-09 00:00:00

MONEY MARKETI

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK. I '
The Liverpool Cotton Market yesterday closed —st.
very firmly, and prices of American under 5/d. i 24
were id. per lb., and from Sid. to Gd., id. per lb.
LO
dearer than last week. Surats, Brazil, and Egyptian li,,
were Id. per lb. higher. The sales were 10,000 bales,
comprising 1,000 export and 1,500 on speculation, 31
including 500 Pernam and Maranham, sid. to 7id. ; 273
100 Bahia, s'4d. ; 500 Egyptian, 51d. to 94d. ; 1,500
22
Surat, and 150 Sea Islands, 9d. to 10d. per lb. 25
The Railway Share Market was buoyant, at a slight
st.
advance. St.
This has been rather a quieter week in the colo-
-10
nial produce markets as regards the amount of 1)
business done ; but the excitement among the 20
dealers in sugar has continued. A further ad- 2, g
vance of ls. to 2s. has occurred, but holders have 10
brought very little forward in anticipation of a 10
further enhancement. Coffee has realised steady
26
prices, but the inquiry has been limited. Not 25
much business has been transacted in rice, and the St.
tea market ruled rather dull. Rum has been in St.
request at 2d. per gallon advance. Saltpetre was
St
rather flatter, and spices have not attracted much 21
attention. Hemp and flax have been firm, and St.
tallow is 675. 6d. per cwt. for P.Y.C. on the spot. n.
The public sales of wool are proceeding briskly, but St.
without any noticeable alteration in the prices. 10
Accounts from Constantinople, this week, men- 52°0
tion that the high prices of the necessaries of life, Bt.
which continue to increase, is being taken into
serious consideration by the inhabitants of the city, st,
especially foreign residents. The causes of the in- Stt
creased prices, of course, are mainly consequent St_
on the Russian war, but another cause of equal im- St.
portance is the high charges paid for the transport of 12
food, fuel, and merchandise, the produce of Turkey, 30
in consequence of the insufficiency of the present 12
means of road communication throughout the ter- st:
ritory, and the advent of railway transit is looked 3
forward to with interest by the people. Before 21(1).4
the declaration of war in 1853, wheat was 15 to 20 st.
piastres per kile, now it has risen to 70. A mea St
-
sure of barley, which formerly cost 5 piasters, 10
fetches now 35. The price of rice is more than 12i
doubled, and other articles of consumption ruled 50.
very high. 40
The continental Money Markets remain gene-
rally calm, with a very limited amount of business st.
doing, excepting at Paris yesterday, where an im- 25
3/ 2E
provement had taken place, and money was easier 10
than during the last ten days. On the Paris St.
Bourse, Rentes of the French 3 per Cents. rose 10 350 t
centimes, and maintained the advance with firm- 25
ness at the close. In the Share Market matters 11.
were also a little better, at the same time they 50
remained without any important reaction. In the 20
French grain and flour markets quotations were By
firm, with an upward tendency. The demand for 50
fine flour in Paris was limited, and brought as 16.
much as 108 francs for the best quality. Spanish 1.6
and inferior sorts were sold at 105 to 106. 8

Messrs. D. Bell, Son, and Co. report the market
for American Securities as quiet. During the
Week only a small amount of business has been
done at the subjoined quotations :
Redeemable. Per Cent.
United States 6 per Cent. 1867-1868...106

STATE SE6IIRITIES.
Maryland 5 per Cent. (Sterling Bonds) ... 91 93
Massachusetts 5 per Cent. (Sterl. Bonds) ... 98 100
Pennsylvania 5 per Cent. Stock
Pennsylvania 5 per Cent. Bonds 1877... 82 83
South Carolina 5 per Cent. Bonds
(Baring's) 1858-1868... 95 97
Virginia 5 per Cent. (Sterling Bonds) ...1888... 84 85
RAILROAD BONDS.
Illinois Central 7 per Cent. Ist Mortgage,
not Convertible
Illinois Central 7 per Cent. Freeland
1860... 72 74
Bonds
Michigan Central Bp. Cent., Convert ... 91 93
New York and Erie 7 per Cent. Ist Mort
1867... 98 100
gage
New York and Erie 7 per Cent. 3d Mort-1883.82 84
gage
N. York and Erie 7p. Cent. Convertible 1862... 74 76
Pennsylvania Central 6 p. Cent., Ist Mort 1880... 87 89
The settlement of the account being effected,
stock is found to be scarce, and as there is an in-
quiry on the part of the public for investment, the
quotations tend upwards. The Bank of England
return to be published this evening also
is expected to be favourable. Consols, after
being 88a have risen to 88 and 89 for money,
while for the account they are 89k, an improve-
ment of to per cent. New 3 per Cents. are
88k and the Reduced 87i to 881. The Un-
funded Debt is 'Ts. to 34. discount.
A larger business is doing in Foreign Securities.
Turkish 6 per Cents. advanced to 791 and 80, and
the New Scrip is 21 to 21 discount. Russian
41 per Cents. are 86, and Sardinian also 86, which,
in the latter instance, is an advance of per cent.
Granada Active Bonds have risen to 20, and the
Deferred to 71. Mexican Stock 19k, and Peru-
vian Active 65. Austrian 5 per Cents. are 821.
Dutch 24 per Cents. are 631, and Brazilian Small
100.

The following are the nominal prices of foreign
stocks : Grenada Deferred Bonds, 6i to 7 ;
Mexican, 19i to ; Peruvian, 74 to 76 ; ditto Three
per Cents., 52 to 54; Portuguese Four per Cents.,
43 to 45 ; Russian Five per Cents., 95 to 98 ;
ditto Four-and-a-Half per Cents., 85 to 86 ; Spanish
New Deferred, 20 to ; ditto Three per Cents.,
38 to ; ditto Certificates, 41 to 4 ; ditto Pas-
sive, 6 to 61.
An improved feeling is apparent in the Railway
Market, and the advance in the Funds has pro-
duced a corresponding movement in prices. The
North-Western are in most favour, and have risen
fully 10s. to 155., while all other lines have likewise
been higher. The Foreign still remain quiet, and
the Canada firm.
Mining Shares are quiet but firm. Joint Stock
Banks are at former values, and Canada Land
Shares are at 131. General Screw Steam and
Peninsular and Oriental Steam are both 1/. 10s.
higher.

BRITISH FUNDS THIS DAY AT ONE O'CI.JC' ' .
(From the Official List.)
Bugineet. done
Bank Stook
'
-3 per Cent. Reduced Annuities... BB h 71 I
.8 per Cont. Consols Annuities ssi $ 9
Nsw 3 per Cent. Annuities '
India Bonds, £lOOO
Ditto, under £lOOO
2 0
Consols tor Account
Exchequer Bills, W.
7
21000
Rmall
Exchequer Bonds 1858, 31 per Cent.... 981
Ditto , 1859, ~ ... 981 ii
PRICE OF FOREIGN FUNDS AT ONE O'CLCY IC
Austrian Bonds, 5 per Cent.
Brazilian Bonds 5 per Cent. . —
Ditto Small lOO
Grenada Bonds, li per Cent.
Grenada Bonds, Deferred
71
blaxican 3 per Cent.
Peruvian Bonds, 14 per Dent. l9i
Ditto for the account 75
Russian Bonds, 43 per Cent ........ 86
S trilinian Bonds, 5 per Cent
Spanish Bawls, 3 per Cent
Ditto New Deferred, 3 per Cent.
Ditto for the account 2oi 20
Ditto Passive 6
Spani..h Committee Cert. of Coup. not fun 4l
Tnrkieh Bonds, 6 per cent BO 791
Ditto for the Account
Ditto New Scrip, 4 per Cent.
Ditto for the Account ....
on.
a i
rnvtdsnds on the above navable in Lond
Austrian Bonds 5 per Cent. 10 Cu. £.. ..... 67}
Dutch exchange, 2i per Cent. 12 Gai1,..... 631
ST T
HALF-PAWO.
. 881 88,1
88i- 89

Consols ..........................
Ditto for Account ...... . ........

ALTERATION IN TIME OF DESPATCH OF ARMY MAILS. 20
—lnformation has,been received from the French Post-
office that, during the ensuing winter, it will Dented es- 11°()
00
sary to despatch the French Mail Packets, appit o
100
sail from Marseilles every Monday, before the arrival of 20
the mail leaving London on the evening of the previous 20
Saturday. Until further notice, therefore, the ordinary
mails containing letters for the British Forces or the 2G
Transport Service, in Greece, Turkey and the Black Sea, Fin
or for the British Military Hospitals, will be despatched
from London on the evenings of Monday and Friday,
and supplementary mails on the mornings of Tuesday
and Saturday.
WELLS ELECTION.—Captain Hedworth Hylton Jo-
liffe, the Conservative candidate for the vacant seat for
this city, has issued a second address to the electors, in
which he says :—" My canvass has even been more suc-
cessful than I had been led to expect. The promises of
support which I have received are not only gratifying
from their number, but also from the hearty earnestness
with which they have been accorded. They leave no
doubt that the issue of the coming contest must be in
nay favour." The writ has not arrived, but the nomina.
is expected to take place in the course of the tuning