The Sun.
London, England, 1855-11-13 00:00:00

r. MONEY MARKET

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
The Liverpool Cotton Market yesterday closed
firmly, but with more choice than it opened with,
at the extreme prices of last week. 10,000 bales
disposed of, 1,600 for export, and 1,000 on specu-
lation, comprising 600 Bahia 6d. to fid. ; 300
Egyptian 6d. to 7d. ; 2,500 Surats 31d. to 41d.
and 200 Sea Islands 9ld. to ls. Old. per lb. The
Railway Share Market was quiet, closing rather
lower than at the opening.
The continental commercial accounts contain
very little of general interest. The late advance
of the Bank charges for discount was reported to
have affected the extensive manufacturers and mer-
chants, but retailers were doing a good business,
which was expected shortly to improve whole-
sale orders. In Paris manufacturers were busily
employed furnishing large orders on hand
for Britain and the United States ; otherwise the
manufacture and sales of tissues for the depart-
ments had generally slackened. November, how-
ever, is considered the dullest month in the year.
Meanwhile stocks on band are being worked off by
the retailers, and an improvement will probably
take place next week.
From Spain we learn, by recent accounts, that
the Government have decided, in virtue of a decree
of 3d January, 1852, concerning a treaty with the
State of Mexico concluded in 1836, that ships of
the marine belonging to that State visiting the

Spanish peninsula will be exempt from navigation
dues. The Customs' Commission at Madrid have
terminated their labours relative to the proposition
of the Junta of Tariffs to lower the duties on cer-
tain articles of consumption, the spirit of which
they have given their assent to.
The state of affairs in the Paris Bourse yes-
terday showed a marked improvement ou that
of the previous day. The public funds were dealt
in extensively, at an advance of 25 centimes on
the 4 per Cent. stock for money, and 50 centimes,
for the close of the month ; and the 3 per Cents.
for money were buyers at a rise of 15 centimes
and for the account 25c. Money was reported to
be easy, both in and out of doors. The Share
Market was favourably influenced by this improve-
ment in the funds, and there were purchasers of
Credit Mobilier Shares at an advance. Austrian
Railway Society Shares, and those of the principal
French lines rose accordingly.

The additional intelligence from New York, re-
ceived this morning, notices a quieter tone in the
market for breadstuffs, but large quantities were
still being forwarded to Europe. Monetary affairs
were tolerably steady, and no pressure was expe-
rienced among the mercantile body. Cotton bad
declined id. per lb., and telegraphic accounts from
New Orleans stated that the Southern receipts
showed an excess of 19,000 bales, compared with
the like period of 1854.
Accounts from Honduras report no improvement
in the condition of trade, and money was scarce.
Mahogany was expected to increase in price, and
cutting during the ensuing season would be more
limited.

The demand for discount accommodation has,
within the last day or two, decidedly increased,
and yesterday it was very active. It is expected
in some quarters that renewed pressure is near at
hand, and there are certainly indications of such a
course of events ; but whether it will be to the ex-
tent which many predict is somewhat doubtful. The
forthcoming payments of the instalments due on
the English and Turkish loans will absorb a large
amount of capital, for which also full employment
is being found in Mincing-lane. Most articles of
Colonial produce are in request, but in sugar and
tea an active speculation now prevails.

The English Stock is flatter again to-day, and
the tendency in prices is towards a further decline.
There are very few dealings, however, the condi-
tion of the money market inducing most parties to
suspeni operations for the present. The next
Bank of England statement is looked forward
to with some anxiety, and the general impression
is that it will be unfavourable. Consols for money
have been as low as 88k for money, but are now
88k. The account prices opened at 88i and have
since been 88k, sellers. At the present moment
88 are the quotations. The Reduced Annuities
are 874 4, and the New 3 per Cents. 87 to 884.
Exchequer Bills are heavy, at 7s. to 4s. discount.
India Stock is marked 226.
For Foreign Securities there is likewise a dull
market. Turkish 6 per Cents. have been kept
comparatively steady, being soi to 80k, but the
New Scrip is heavy at 34, on account of rumours
to the effect that Turkey will soon require a new
loan. This, however, is generally considered pre-
mature. Spanish Bonds are weak, the 3 per Cents.
being 38k, the New Deferred 1.9 i to 20, and
the Passive 6. Venezuela Deferred Bonds are
194. Dutch Two-and-a-Half per Cents. ruled
steady at 634, and the Four per Cents. at 93i and
94. Mexican Stock is 19! Spanish Five per
Cents. 1001, and Brazilian Five per Cents. 99k.
The following are the nominal prices of foreign
stocks: Grenada Deferred Bonds, 6,1 to 71 ;
Mexican, l 9 to 4 ; Peruvian, 74 to 76 ; ditto Three
per Cents., 52 to 4; Portuguese Four per Cents.,
43 -to 45 ; Russian Five per Cents., 95 to 98 ;
ditto Four-and-a-Half per Cents., 85 to 88; Spanish
New Deferred, 19,4 to 204 ; ditto Three per Cents.,
384 to 38g. ; ditto Certificates, 4i to 4 ; ditto Pas-
sive, 6 to 4.

Railway Shares are decidedly flatter, and North
Western, within a day or two, have fallen 1 per
cent. Great Western are lower, and Midland
have declined The French and Belgian lines
are in most cases nominal.

Mining and Banking Shares aie quiet, and with-
out variation. Canada Government Debentures
are per cent. lower. Van Diemen's Land are
higher.

BRITISH FUNDS THIS DAY.—CLOSING PRICI: S.
(Prom Eye Oficial List.

iinginess done
Bank Stock ..........
3 ~er Cent. Roducod Annuities
I i
8 per Cent. Consols Annuities BBi i i
New 3 per Cont. Annuities
Long Annuities, Expire sth Jan., 1860 . 3 7-16
Ditto 30 Years, Expire sth April, 1885 161
India Stock
India Bonds, £lOOO
Ditto, under £lOOO 3 6
Consols for Account BBl i
Exchequer 13111 s, 24d.
£lOOO. ..-••••..
&nail .
Exchequer Bonds 1858,3 i per Cent.... 98i
Ditto 1859, ~ ... 984

PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds 5 per Cent.
Ditto Small
Danish Bonds, 1825, 3 per Cent
Ditto 5 per Cent
Grenada Bonds, 16 per Cent. ... .... .. g(i)4 4
Grenada Bonds, Deferred
Mexican 3 per Cent.
Ditto for the account l9a
Portuguese Bonds, 5 per Cent., Con. 1811
Ditto 4 per Cont.
Ditto for the Account 436
Ditto 4 per Cent ......... ........
S +rdinian Bonds, 5 per Cent Esi
Spanish Bonds, 3 per Cent
Ditto for the account 3BA
Ditto New Deferred, 3 per Cent.
Ditto for the account 2O 19i
Ditto Passive 6 p
Spanish Committee Cert. of Coup. not fun 4!
Turkish Bonds, 6 per cent
Ditto for the Account Boi 80liBi
Ditto New Scrip, 4 per Cent.
Ditto for the Account...
iltvidencla on the above inlYable in Londe.
Belgian Bonds, 26 per Cont. ex. 25 fr —
Ditto 46 per Cent. Ex. 25 fr 92 x d
D itch Exchange, 26 per Cent. 12 Gull 634
Ditto 4 per Cent. Certifieates 94 3}
THREE O'CLOCK.
Consols
Ditto for Account, 6th Dec 88! 6

The report of the Agua Fria Mining Company, to be
submitted on the 22d inst., states that of the additional
subscription of 20,0001., required at the last meeting to
pay debts of 9,0001., and furnish a working balance, only
10,0201. have been contributed, and that, owing to un-
foreseen accidents, a further debt of 7,0001. has now
been contracted, but that the operations have at length
been brought to a point which give a profit, the average
yield of the ore being 3/. 131. per ton, while the cost of
raising it is 21. The directors therefore recommend the
shareholders to supply what is wanted to enable the
undertaking to be continued, Should this be refused
they will feel it desirable to resign office,

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