The Sun.
London, England, 1855-12-06 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLoc K.
The Liverpool Cotton Market yesterday closed
very firmly at extreme prices for the ourrent qua-
lities, but new American descriptions, from 5/d.
to 61. per lb., were cheaper to purchase. The sales
were 10,000 bales, comprising 300 Pernam and
Maranham at 5/d. to 7d., 900 Bahia at 6d., 100
Egyptian at 6d. to 71d, 2,500 Surat at 3d. to
4id., and 60 Sea Islands at 10d. to 111 d. per lb.
The Railway Share Market was steady at about
Tuesday's prices.
Advices from Havre mention that there is an
unusual demand for cotton in that market ; and
that the direct trade with America continues to
increase. Sales of 2,500 of inferior New Orleans
took place at 90f., and for ordinary qualities at
93f. and 94f. Another lot of 3,000 bales changed
hands at 84f. for inferior, 85f. 50c. for middling
Orleans, and 88f. for good middling. Sugar at this
market continues to fall.
Reports from the principal grain markets through-
out Belgium show a further tendency to fall. The
quotations are lfr. 75c. less per hectolitre for
wheat, and lfr. 40c. for rye, which has caused a
fall in the price of bread from 30c. to 24c. in many
localities.
On the Paris Bourse yesterday, the French
Rentes showed a further tendency to decline, hav-
ing receded 10 centimes for the 3 per Cents., other
securities falling in proportion. In the Share Mar-
ket those stocks which had advanced rapidly dur-
ing last week declined as suddenly, especially in
those of the Credit Mobilier, which fell 45 francs
in two days. In other Foreign Bourses there is
not much variation upon previous quotations. At
Vienna the 5 per Cents. are 73i, New Loan 98,
New Bank Shares 934. Exchange on London has
gone down to 10-48, and on Paris 1281. At Bai-
lin the 4 per Cents. are 971, and the 41 stock of
1854, 108 k. Bank Shares 1211. At Frankfort
the 5 per Cents. are 65k, the 41 per Cents. 58k.
Bank Shares 993, and on the Madrid Bourse there
is a tendency to rise. The 3 per Cents. rule at
34 98, and New diff. 20 80.
Accounts from Brussels state that the Minister
of Finance has presented a project to prorogue the
law of the 31st December, 1813, to the Ist January,
1857, which authorises the Government to suspend
or to re-establish the import duties on coal.
The departure of the Marco Polo from Liver-
pool with the Australian mails was deferred until
titiß morning, which is one day later than the time
pointed by the postal authorities, on account of I
ftb tide not serving on the sth. The owners
announced on the 4th that yesterday's day
" rail from London would be in time, but this
Was no accommodation, as it left at 8 o'clock
a. In. Much dissatisfaction has been expressed
in the City that the vessel was not further
clayed an hour or two, as by this arrangement
yesterday's 6 p.m. mail would have been in time,
"t' the mercantile public would have then had
tic advantage of an entire day.
The arrival of the Phoenician is announced this
"Ailing from Sydney, with 13,702 ounces of gold
and 11,029 sovereigns, making a total of about
6,0171. This is the fourth vessel from Australia
11 at has lately arrived with large gold re-
mittances ; but unfortunately, owing to the
date of the foreign exchanges, the principal
I art has been transmitted to Paris. In the
present instance it is believed a portion of this sum
ill find its way across the Channel. Other yes-
eels, however, are expected ; and, if the present
peace rumours turn out to be well founded, there
is every expectation that the money market will
become easier and trade experience some revival.
At the commencement of business some depres-
sion was exhibited in the quotations of the English
Securities ; and although this has not been wholly
recovered, the market is now much firmer. The
settlement of the account is passing off satis-
factorily. Consols opened at about 901 but
have since been soi ; and for account the
prices have ruled at 90,T, to 91. The New Three
per Cents. have fluctuated from 89k to 90, and
the Reduced from 891 to 891. Bank Stock is
steady at 209 to 2101. Exchequer Bills have
risen ls., being 6s. to 2s. discount, and India
Bonds are ss. to ls. discount.

There has been less steadiness in the quotations
of the Foreign Stocks, especially in Turkish 6 per
Cents., which have ranged from 84/ to 854, at
about which latter values they are now quoted.
The New Scrip has been 24 to 24, and at present
rules at 2i discount. Russian 44 per Cents. are
891 to 90, Peruvian 44 per Cents. 76, (Milian 6
per Cents. 101, and Brazilian 5 per Cents. 99k,
Dutch 2 per Cents. are marked 64, and the 3 per 18
17
Cents. 934 to 93i, being at steady rates. 20
The following are the nominal prices of foreign 30
stocks : Grenada Deferred Bonds, 64 to 7 ; 400
Mexican, 191 to 20 ; Peruvian, 75 to 76 ; ditto io
Three per Cents., 52 to 54; Portuguese Four per 10?
Cents., 44 to 46 ; Russian Five per Cents., 97 to 99 ; 415
ditto Four-and-a-Half per Cents., 88 to 90; Spanish
New Deferred, 204 to 21; ditto Three per Cents., I.OXI
39/ to 404 ; ditto Certificates, 41 to 4i- ; ditto Pas- too
sive, 6! to 7i. 20
Although the transactions in the Railway Share 5
Market are circumscribed the quotations in several 4-,
instances show a slight improvement. This is most ts
observable in the Caledonian, Eastern Counties,
Great Western, North Western, South Western, 4
and Midland. The. North Eastern-Berwick are "
fully 10s. better. The foreign lines are particularly 20
quiet. Great Western of Canada shares further IlKi
tended upwards. The traffic returns of this line i too
100
are steadily improving.
Mining Shares are firm and also those of the
Joint Stock Banks. Peninsular and Oriental
dropped about 2/. Van Diemen's Land have fur- l(crn
ther advanced 1/. 10s. 20
The last week's railway receipts, ascertained up 20
to this date, are in round figures as under : tO
1855. 1854. 20
£23.189 £20,466 31'
55,129 48,297
12,398 10,153 1°
11,361 10,527 ,0
28,129 26,458 16
15,339 13,652 20
11,308 11,340 :0
26,406 21,835
20,173 18,471 10
31,257 28,085 20
10,037 9,631 1,0,,
3,255 2,832 7
6,036 5,430 ;?,
2,376 2,279 id
12,077 7,413 10

Great Western
North-Western
South-Western
Brighton
Midland
South-Eastern
Caledonian
Great Northern
Lancashire and Yorkshire
North-Eastern
Manchester and Sheffield
Aberdeen and Scottish Midland
Glasgo w and South-Western
Scottish Central
Great Western of Canada

BRITISH FUNDS THIS DAY.—CLOSING PRICES
( Prom the Officiat )

- -
Bu.inem. em,
Bank Stock
3 per uent. Reduced Annuities...
3 per Cent Consols Annuities
Now 3 per Cent. Annuities
5 per Cont. Annuities. ll5
Long Annuities, expire stb Jan. 1860..._,
Ditto 3) Years, expire sth Jan., 1860 3 13-16
India Bonds, £lOOO . 1 5 d
Ditto, under £lOOO 5
Consols for Account 9Ol / 1 i 90i
Exchequer Bills, lid.
£lOOO
=malll 5
i Dtto Bonds, 1858, 3i per Cent 971 Elk
...... -97 i Si
PP ' 1852 If
PRICES OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent.
Ditto Small
Chilian Bonds, 6 per Cent lOl 2i
Mexican 3 per Cent.
Peruvian Bonds, 4i per Cent.
Russian Bonds, 5 per Cent., 1822, £ St —
Ditto 41 per Cent
Sardinian Bonds, 5 per Cent.
6 conisb Bonds, 3 per Cent —
• Ditto Account 4O
Ditto New Deferred, 3 per Cent.
Turkith Ronda, 6 per cent —
Ditto for the Account B5 41 51 5 1 41 I
Ditto New Scrip, 4 per Cent. -
Ditto Account 2l i Aid
Dividends on the above payebic. in London.
Dutch Exchange, 21 per Cent., 12 Ga... 64
Ditto 4 per Cent. Certificates • 931 i
_ .. THREE O'CLOCK.

Cone°la (for money) -
90
Ditto for Account Jan. 10

TEE SCOTTISH UNIVERSITIES.—The Lord Advocate of
Scotland has agreed to bring in a bill for the reform of
the Scottish Universities next session of Parliament,
provided that the various parties more immediately in-
erected shall agree on the heads of a feasible and prow.
foal measarc . -
6

40
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25
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100
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100
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