The Sun.
London, England, 1855-09-03 00:00:00

COMMERCIAL INTELLIGENCE

CITY, Two o'CLocir.

The Cotton Market at Liverpool on Saturday
closed firmly, with an upward tendency in prices.
The sales were estimated at 12,000 bales (1,000 of
which were taken for export, and 1,500 on specula-
tion), comprising 500 Pernam and Maranham at
6d. to 6id., 700 Egyptian at 6id., 2,500 Surat at
4id. to 51d., and 100 Sea Islands at ls. to Is. 10d.
per lb. The Railway Share Market was dull, and
prices were a shade lower than on Friday last.
Wheat is higher again to-day.
In describing the condition of the Manchester
piece goods market during the past month, Messrs.
M'Nair, Greenhow, and Irving state that it has
been satisfactory, the demand for both cloth and
twist having been active at fuller rates. In some
instances yarns are up id. to id. per lb., and cloth
lid. to 3d. per piece. The same firm then pro-
ceeds to advise us that.—

" The demand for the country trade has been very
limited; owing, however, in some measure, to heavy
purchases having been perfected in June by way of anti-
cipating generally higher prices being demanded subse-
quently. As before mentioned this market sustains its
position with considerable firmness. Considering the
extent of prejudicial influences in connection with the
existing war, and the uncertain state of the weather, the
position of this market may be considered surprisingly
propitious. Now that a very favourable change in the
weather has taken place, we may reasonably calculate
upon continuous improvement. An exhausting war,
with dearness of provisions, would have occasioned much
depression and distress necessarily. Now, however, with
the probable certainty of a continuance of favourable
feather, it may be reasonably supposed that an abundant
harvest—not equal, however, to that of last year, may
be realised. With regard to the "Short time " move-
ment, no extension of the principle has been adopted,
neither do we think that it will be accomplishable.
Fourteen days or so have been extended to the term
originally fixed upon, and it is not considered probable
that a further extension will take place."
The letters from the Continent advise generally
firm markets for public securities, and the grain
markets were also supported, and in some cases
still tending upwards.

Letters received at Vienna from Sebastopol de-
scribe the preparations of the Russians against our
future attacks as being most formidable. Between
the first and second lines of defence, ditches, mines,
galleries, stockades, and every imaginable obstacle
had been interposed, and upon the heights situated
between Fort Paul and the bastion No. 1, works
had been thrown up which will, it is said, domi-
nate the towers of Korniloff and Malakhoff in a
manner to render them untenable by the Allies
should they succeed in the capture. The heights
on the Belbeck are reported to be stronger than
ever, and the camp there has the entire park of
artillery from Sebastopol.
The English Stock Market has been flatter, and
there are still sales for money, but in small amounts
that at any other time would exercise no influence,
the general inactivity being now the cause. Money
will be perhaps easier after to-morrow, the
" fourth" of the month, and the further rise in
wheat this morning is ascribable to purchases on
French account for seed. Consols have been 91/-,
and since 902 for present transfer, and 901 to 91 for
time. The New 3 per Cents. have been 921 and the
Reduced, 91k 4. Exchequer Bills have realised
11s. pm. for those of June. East India Bonds are
30s. pm. The Omnium has been dealt in at 411.
Exchequer Bonds are 100. i. The New Terminable
Annuity is 161 to 17.

There is an absence of animation in Foreign
Stocks, but most of them support previous quota-
tions. Turkish Bonds are at 931 to 94, and the
New Scrip has improved to pm. French Scrip
is also better, being 21 pm. Spanish Passive Bonds
are 41. Mexican Stock is at 21 I, being steady.
The other investments are nominal.

The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, C to 71 ;
Mexican, 21i to 21i ; Peruvian, 79 to 80 ;
ditto Three per Cents., 58 to 59 ; Portuguese
Four per Cents., 43 to 45 ; Russian Five
per Cents., 98 to 100 ; ditto Four-and-a-
Half per Cents., 89 to 91 ; Spanish New Deferred,
181 to 191 ; ditto Three per Cents., 38 to 381 ;
ditto Certificates, 4i to ,q ; ditto Passive, 41 to 41.
The railway meetings announced are the follow-
ing

Company. Date. Place.
Belgian Eastern Janction Sept. 28, London Tavern.
East Anglian Sept. 11, London Tavern.
Glasgow and South-Western Sept. 5, Glasgow.
Grand Trunk of Canada .
Lancashire and Yorkshire
Maryport and Carlisle Sept. 5, Maryport.
Mid. Gt. West. of Ireland Sept. 7, Dublin.
North British
North Staffordshire Sept. 11, London Tavern.
Royal Swedish Sept. 5, Orebro.
Shropshire Union Sept. 13, Shrewsbury
Thames Haven Sept. 5, London Tavern.
Railway shares are in limited favour to-day,
and the tendency in prices is downwards. In
some instances there is a decline of to per
cent. Ardennes shares are firm, but in the Fo-
reign lines there is very little doing.
Mines and Banking shares rule dull, but not
lower, and in the miscellaneous securities, which
are likewise quiet, there is scarcely any movement
in values.

BRITISH FUNDS THIS DAY.—CLOSING PRICES
Prom the Ouicial List.

•
3 per Cont. Reduced Annuities,,,,,,., Rugine,-. done
91 a A
3 per. Cent. Consols Annuities 9li 901
N,w 3 per Cent. Annuities
Lone Annuitim, Expire sth Jan., 1860 -16
Ditto 30 Years, Expire sth April, 1885 17 16a
Endia Bonds, £lOOO .....
Consols ?or Account, Gth September ooi. 1 901
Omuium
Cxehequer Bills, 2a I
d 2d.
21000
.e5OO — I 15
Small l5
••. •
Exchequer Bonds 1858, 34 per Cent. ... 1001
Ditto 1859, ~ .. 1001
PRICE OF FOREIGN FUNDS THIS DAY.
Equador Bonds
Grenada Bonds, Li per Cent. .... ........
Grenada Bonds, Deferred
Mexican 3 per Cent.
Ditto for the account 214 B
Peruvian Bonds, 44 per Cent —
Ditto for the Account .
Spanish Bonds, 3 per Cent —
Ditto Passive 4a
Turkieli Bonds, 6 per cent —
Ditto for the account
Ditto New scrip, 4 per Cont.
Venezuela Bonds, 41 per Cent. . ..
Ditto Deferred, 14 per Cent
•itv, lend; on the above payable in London.
French Rentes, 3 per Cent.
Ditto Scrip 2nd Loan of 1555
Dutch Exchange, 24 per Cent. 12 Gull
Ditto 4 per Cone. Cortifieates .. .. 14,
THREE,' O'CLOCK.
Consols
90 if
Ditto for the Account,..

21 p

20
50
50
100
100

20
50
20
25

20
16
20

100
WO
100
20