The Sun.
London, England, 1855-12-21 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The Liverpool Cotton Market yesterday closed
steadily, at precisely the same rates as last week.
The sales were 7,000 bales, comprising 4,000
Americans, 500 Pernam and Maranham at to
61d., 250 Egyptian at 5/cl. to 9d., 2,000 Surat at
31d. to 41d., and 30 Sea Islands at 10c1. to is. per
lb. The Railway Share Market was firm, and
closed at its highest point.
There has been no increase in the amount of
business transacted this week in Mincing-lane, and
the quotations have continued heavy. Sugar has
been rather cheaper for Bengal, and British planta-
tion has declined 2s. per cwt. Coffee has remained
dull, and some parcels at public sales have been
taken in at higher rates. Rice has sold heavily,
and tea has realised 94d. for common Congou.
Very little has been done in spices, the prices of
which are in several instances merely nominal.
For rum there has been very little inquiry, and
saltpetre has receded 28. to 3s. per cwt. from the
highest point of the market. Cochineal is firmer,
and tallow steady. Hemp and flax have been
without particular variation, but in limited request.
Accounts from Holland contain the Government
monthly returns of receipts into the public trPasury.
The total amount for the eleven months ending the
30th November, 1855, is given at 55,021,620
florins. Compared with the corresponding period
of last year, it shows an increase of 2,037,812f1.,
being 53,983,80811.
At the present moment, when the financial com-
munity are watching closely the fluctuations in the
Money Market, and especially those influenced by
the arrivals of gold from Australia and America,
the returns of specie in the Bank of England, and
the exportation of bullion to foreign countries, it is
a matter of some importance to know that the
" sinews of war " possessed by this country
are legitimately applied, and not issued to
succour the impoverished resources of our enemy.
For some time back there has been a degree of
mystery connected with the probable destination
of certain amounts of specie transmitted to the
Continent, and which, it is stated, had raised the
suspicions in Government quarters that though
ostensibly forwarded on account of ordinary
mercantile transactions, they ultimately reached
the coffers of the Russian Treasury by an
unusually circuitous route. In consequence of in-
formation obtained inquiry was made, and it is
reported to have been ascertained that the sum of
400,0001. in gold has in this manner recently been
conveyed to Russia, principally by houses whose
business lies in the Levant, and who have already
made themselves obnoxious to the community by
their sympathies with the Emperor of Russia,
while they have been enjoying the hospitality of
the country and all its commercial privileges.
In consequence of a statement that the Emperor
of Russia has intimated his refusal to submit to the
proposals for peace that have been made, the Funds
have exhibited less firmness, and Consols have re-
mained all the morning at 88 ft and 881. These
frequent changes will no doubt continue until some-
thing definite is known in reference to Cant
Esterhazy's progress, especially as no purchases
for investment can be made until next month,
to impart strength to the market. The New
3 per Cents. are 881 to 89, and the Reduced 884
to 881. Bank Stock has further dropped to 205.
Exchequer Bills are about 4s. to 7s. discount.
The Foreign Stock Market is again exceedingly
inanimate, except in Spanish and Turkish Bonds,
though no transactions have been recorded. Dutch
24 per Cents. are about per cent. higher, namely,
631 to 64. Turkish 6 per Cent. Bonds have de-
clined to 83E and 83k, and the Now Scrip ruled
heavy, at 3 discount. Spanish New Deferred are
211 to 22, being per cent. lower, and the Passive
are quoted at 74.
The following are the nominal prices of foreign
stocks: Grenada Deferred Bonds, 6 to 7 ;
Mexican, 19j to 19 ; Peruvian, 74 to 76 ; ditto
Three per Cents., 52 to 54; Portuguese Four per
Cents., 48 to 50 ; Russian 5 per Cents., 95 to 97 ;
ditto 4i per Cents., 88 to 90 ; Spanish Three per
Cents., 404 to 41.; ditto New Deferred, 214 to 22 ;
ditto Certificates, 44 to 5 ; ditto Passive, 74 to 71.
Messrs. D. Bell, Son, and Co. report that the
market for American Securities during the past
week has been inactive, and prices continue to be
for the most part nominal.

GOVERNMENT SECURITIES.
Redeemable. Per Cent.
United States 6 per Cent. 1867-1868-106

STATE SECIIBITIES.
California 7 per Cent. Bonds 1870... 78
Maryland 5 per Cent. (Sterling Bonds) ... 90
Pennsylvania 5 per Cent. Bonds 1877... 77
Virginia 5 per Cent. (Sterling Bonds) 1888... 83

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