The Sun.
London, England, 1855-11-05 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLooK.

In the Liverpool Cotton Market on Saturday the
sales were estimated at from 8,000 to 10,000, of
which 1,000 were taken for export and 500 on
speculation. They included 20 Bahia Sid. to 6d.,
300 Egyptian 5i-d. to 7d., and 1,000 Surats
to sd. per lb. The market closed with an upward
tendesey. Compered. with Friday's rates prices of
American were 1-16th more against the buyers.
All other sorts were unchanged. The Railway
Share Market was heavy, little business being done,
and prices were lower than on Friday.
A telegraph despatch from Madrid, of the 3rd
inst., announces that the Junta of Tariffs has de-
clared that the exportation of bark for tanning and
making cork is open from that date. The sale of
clergy lands, on the Ist Nov., included 2,079 pro-
perties. Their total value, as sold by auction,
amounted to 21,010,056 reals, and the price
fixed by adjudication on account of the Govern-
ment is 40,680,228 reals. Thus leaving a balance
of 19,670,772 reals to the credit of the State. The
quit rents redeemed up to that time had amounted
to the number of 1,513, of the value of 6,528,172.
It will be remembered that one-half of the issue
surplus monies accruing from the ecclesiastical lands
in Spain will be appropriated towards the liquida-
tion of the floating debt of the State.
Saturday on the Paris Bourse showed a favour-
able improvement in the value of the French funds.
The 3 per cent Rentes, at the close of the day, had
advanced 50 centimes on the morning's prices, both
for money and account. In the Share Market
there was a similar improvement, and shares of the
Credit Mobilier, which have been falling during
the last fortnight, were on the rise. Shares of
the Credit Foncier were firm at an advance
on previous prices, and Austrian Society shares,
which had touched a fall of 30f., had rallied to
within Of. of the preceding week's quotations.
Bank Shares remained steady, without variation.
Railway Shares, which had declined up to Friday,
recovered, in consequence of the favourable weekly
reports published, which showed an average in-
crease in the value of the traffic on the principal
lines from 10 to 15 per cent. al;ove the corresponding
week of 1854. . .

The advices from New York received this morn-
ing state that there had been a panic in the stock
market. Although money was comparatively easy,
and the banks were able to retain the Californian
receipts, there was very little confidence in
the future, as it was considered that a
renewal of specie shipments to Europe would
soon recommence. The last official statement
showed an increase in the amount of specie
held by the banks of 1,322,845 dollars compared
with the previous week. The exportation of bread-
stuffs continued very active, principally to London
and Liverpool. As regards the importation of mer-
chandise generally, there was a material falling off.
Front Ceylon we learn that the fine weather
which had prevailed was rapidly ripening the
coffee, the picking of which continued throughou t
most districts. The plantation of this staple was
increasing, and forest land was in demand. There
was a good supply of shipping.
The market for English Stocks has rather an up-
ward turn, owing to the fact that very little is said
in the American papers upon the subject of a pro-
bable misunderstanding with this country. In
Stock Exchange circles many are of opinion that
the affair is settled. Consols opened at 88 for
money, and 88i.i for account. For a short
time they were even rather higher for the latter,
but when an advance of 2s. per quarter in the corn
market was announced they declined to 884 sellers.
For the December account they have been 881
The New Three per Cents. are 88 to 882, and
the Reduced 871 Exchequer Bills are worth
Bs. to 45., discount being higher.
In the Foreign Market the most important
change has been effected in Turkish Bonds; the
6 per Cents. being 79i and the New Scrip 21
discount. Sardinian Bonds are 84i, Grena,Ta
Active 191 to 20, and the Deferred 61 to 7.
These are the only dealings recorded, the market
being very dull.

The following are the nominal prices of foreign
stocks : Grenada Deferred Bonds, 6i to 7 ;
Mexican, 19& to / ; Peruvian, 73 to 75 ; ditto Three
per Cents., 53 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 88; Spanish
New Deferred, 19/ to ; ditto Three per Cents.,
37i to 8 ; ditto Certificates, 4i to ; ditto Pas-
sive, 5i to I.
The railway meetings announced are the follow-
ing

Company. Date. Place.
Cork, Blackrock, & Passage Nov. 30, Cork.
Eastern Counties
Glasgow, Barrhead, Nielaton Nov. 6, Glasgow.
Lancaster and'Carlisle Nov. 7, Lancaster.
Manchester, Sheffield, and
Lincolnshire Nov. 8, Manchester.
In consequence of the improvement in th© Funds
most of the Railway Shares rule higher, and rather
more business is doing. Some of the principal
lines are fully Ito per cent. better, as compared
with the latest quotations of the last week. The
Foreign undertakings show very little alteration,
owing to the limited number of transactions en-
tered into. The Canadian lines are rather firmer.
In the Miscellaneous Market Canada Land Shares
are 101. better. Banking and Mining Shares are
steady.

BRITISH FUNDS THIS DAY AT ONE 01.);.;
( From the Ogciai

Itu.inos, don,

Bank Stock . ..... ....
3 per Vent. Reduced Annuiti3S......
3 per Cent, Consols Annuities
Naw 3 por Cent. Annuities
L ,n,t, Annuities, Expire sth Jan., IMP 3 7-16
Ditto 30 Years, Expire 10th Oct., 1859 31
Ditto 30 Years, Expire sth Jan., 1860 3s
Ditto 30 Years, Expire sth April, 1885 16 15-16 it
',Ala Bonds, .E,lOOO ......... . 5
. Ditto, under 21000 9
Consols or Account BBi i
B ccheciner Bills, 20.
£IOOO
£5OO 4 3
.3mall
_PRICE OF FOREIGN FUNDS AT ONE O'CLO: K.
Grenada Bonds, 1i per Cent. .... ......... .. 20 19i
_ Grenada Bonds, Deferred
S.rdiniau Bonds, 5 per Cent.
Tarkis.h Bonds, 6 per cent —
Ditto for the Account.. 7oi
Ditto New scrip. 4 per Cent.
Ditto for the Account 2i d
Dividends on the above payable in London.
HALF-PAST 7'W: .
Consols
Ditto for the December :1 —ount BBfi if

LLOYD'S SHIPPING.--(This Day.)

I.otonotc Nov. s.—Wind this day 10 noon, N.W. ; 20
light breezes and fine.

(PER ELECT RIO TPLRO RAPE.)
SOUTHAMPTON, Monday Morning.
Arrived—John Birkett, from Cardiff ; Atalanting. )
GYPseY, and Clara,NewHavre ; Brothers, Neath; Cheshire Witch, Swansea;a(s.
Eliza, Harriet, Matilda, Tiber,
New-
port ; Ostrich and Tertius, London ; Manney, Sunderland,
Sailed—Sylph (s), for London ; Transit (al
Havre;
Charlotte, Guernsey.
The Peninsular and Oriental Company's steam-ship Ri-
pen, transport No. 25, arrived from the Black Sea this
- morning with 23 officers and 70 soldiers, several of
whom were wounded in the attack made upon the Redan
on the Bth of September.
LIVERPOOL, Monday Morning.

Wind, S.
Sailed.—Lucretia, for Dordt ; Ludoljes Theodosius,
Groningen.

QUEENSTONVii, Nov. 3.

Wind N.
Arrived.—Ocean, from Kirkwall ; Olive, Galatz.
OM—Typhoon, from Bombay.

(13T SUBITARINE ANli BRITISH TELEGRAPH.)
GRAVESEND, Monday, 10.6 a.m.
Wind W.N.W. 1 • tide, one hour's ebb ; fine.
Arrived, Nov. 4.—Lutchan, from Harburg ; Cobden,
Geae ; Jane Lawson, Stettin; Ctstor, Hernosand ; Eaper-
dola, Gothenburg ; Borussia, Konigsberg.
Arrived, Nov. s.—Hendrik Carstenson, from Sunds-
wall ; Longer), Wilhelmine, and Morning Star, Gothen-
burg ; Nopoleon, Haparanda ; Hoop, Worcum ; Harmona,
Sannesund.

Sailed.—Rhine, for New York ; Idas, Demerara.
DEAL, Monday, 9.30 a.m.
Wind, W.N.W. ; moderate, and fine.
Passed, Nov. 4.—lndex, for Malta ; Young Marquis,
Constantinople; Paris and London (s.s. No. 2), for Rouen
—all from London.

A company has been formed at Milan for establishing
steam navigation on the Lake of Lugano,