The Sun.
London, England, 1855-12-15 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

In the Liverpool Cotton Market yesterday there
was a quiet but steady demand at previous prices.
The sales were estimated at 7,000 bales, of which
1,000 were for export. Fair Uplands were quoted
5d., fair Mobile 61, and fair Orleans 6/d. per lb.
The Railway Share Market closed flatly, at a
decline on Thursday's prices.

The Bank of England return, completed to the
9th inst., presents some important changes, but it
is not considered unsatisfactory. As regards the
bullion, there is rather a large diminution, but
this was to an extent expected. In the private de-
posits there is a diminution, owing to the active
demand for money which bas prevailed, and
the preparations made for loan instalments and
East Indian Railway Company's extension capital.
The other securities were lessened considerably ;
and this is a favourable feature, as it proves the
prompt liquidation of outstanding bills, and a d
minution in the advances required.
Active Circulation

Decrease
Bullion

.... £18,680,340
394,745
11,079,578
147,529
3,193,028
7,440
4,416,231

Decrease

Rest.
Increase
Public Deposits

Decrease
Other Deposits
Decrease ...•
Seven-Day and other Bills
Increase
Government Securities
Decrease
Other Securities
Decrease
Notes unemployed
Increase

23,358
11,719,]80
515,608
923,444
40,150
10,264,376
11,104
18,141,269
727,488
5,759,185
253,700

Intelligence from the Foreign Bourses reports
an improved tendency at Vienna and Madrid,
while that of Paris is dull and heavy. The Aus-
trian Funds at Vienna have been in demand at a
rise off in the 41 per Cents., and Railway Scrip
has risen 3i florins. Bank Shares are a shade
lower, and the exchanges on London and Paris
rising.- At Madrid the Spanish Stocks are buoyant,
at 34 95 for the Internal Debt, and 20 95 for New
Deferred. It was stated, on the Bourse, that the
Government had refused the offer of a loan of 500
million reals at 6 per cent., which had been made
by the petitioners for tho concession to form a new
bank on the plan of the Credit Mobilier of France.
On the Paris Bourse the fluctuating state of
business continues. The 3 per cent. Rentes yes-
terday fell 15c. for money, and 35c. for the ac-
count ; and the 4t Stock 45c. for money, with no
quotation for the account. In the face of the fa-
vourable bank returns, all kinds of shares are
heavy, at the previous quotations ; and some of
the Railway Stocks have fallen.

The terms on which the proposed new Russian
Loan of 50 million roubles will be contracted are
announced as follows :—The interest of 5 per cent
to be paid at Berlin, Amsterdam, and Hamburg on
two coupons in April and October of each year,
and the principal to be repaid by instalments at
stated periods, commencing in 1858 and ending in
1875. The Russian Government to have the pri-
vilege of redeeming all the scrip in circulation at
any time.

Accounts from Madrid state that the floating
debt of Spain has been reduced 124,798,038 reals
during the six months ending the Ist December,
by the wise measures of the Minister of Finance ;
a sum equal to about 20 per cent. on the gross
amount of the debt on the Ist June.

English Securities have ruled rather firmer to-
day, as there is a more confident feeling in respect
to the condition of monetary affairs. This has been
produced by the facility with which the Turkish
instalment was provided yesterday, and the expec-
tation that the payment on the Consols Loan nex
Tuesday will be easily effected. Consols have
been about 881 to / all day, although at one
period they were nearly buyers at the latter quo-
tation. Rather an unfavourable impression was
created by the statement that the Russians had
demanded an unconditional surrender of Kars,
but its influence on prices was immaterial. Ex-
chequer Bills were 7s. discount, and India Bonds
26. discount. The New 3 per Cents. ruled at 88i
to 89, and the Reduced 881 f. Consols for special
transfer havd been 891.

In Foreign Stocks there has been no activity,
but they have generally supported firm quotations.
Turkish 6 per Cents. have ruled quiet at 831, and
the New Scrip has remained at 3 discount. Spanish
3 per Cents. have been 39i, and ditto Passive 7i,
Portuguese 4 per Cents. are 46i, and Mexican
19k. Russian Five per Cents. have shown increased
weakness, the price being 95 to 96/. Nothing
has been done in Dutch Bonds ; but Brazilian
Small Bonds have been marked 99k, the Four-and-
a-Half per Cants. 91E, and the Five per Cents.
(1829) 98i.

The following are the nominal prices of foreign
stocks Grenada Deferred Bonds, 6.4 to 7 ;
Mexican, 192 to 19Z- ; Peruvian, 74 to 76 ; ditto
Three per Cents., 52 to 54; Portuguese Four per
Conte., 44 to 46 ; Spanish New Deferred, 20i to ;
ditto Three per Cents., 39/ to ; ditto Certifi-
cates, 4k to ; ditto Passivo, 7to
Railway Shares have ruled steady, but quiet.
The Great Northern are higher. In the other lines
the variation has been unimportant. Foreign and
Colonial lines have mostly been at nominal rates.

In Mining Shares no change has occurred. The
Banking Shares have brought full rates, and the
Miscellaneous generally have ruled steady.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
( From the Oficial List.)

Business done.
3 per Cent. Reduced Annuities........ BBi
3 per Cent. Consols Annuities Shut S 9
New 3 per Cent. Annuities
India Bonds, £lOOO
Ditto, under £lOOO 2 d
Consols for Account ~ 881 i
Exchequer Bills, 24d.
£lOOO .
£too

5 1
Ditto Bonds, 1858, 36 per Cent 9B A 74
1850 tf ...... 98 7/
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent.
Ditto Small
Ditt• New, 1852, 41 per Cent.
Ditto New, 5 per Cent., 1829 and 1839 9Bi
Rezican 3 per Cent.
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 4 per Cent 46i
Russian Bonds, 5 per Cent., 1822, St.,, 951 6}
Swinish Bonds, 3 per Cent
Ditto Passive
Turkish Bonds, 6 per cent
Ditto for tho Account 832
Ditto New Scrip, 4 per Cent.
Ditto Account 3 d
Dividends on the above payable in London.
TWO O'CLOCK.
Consols BB4

20
5
20
18

20
20
10
10

18
17i
20
20

20i
20A
-LOO-

20i
100
20
20

20
20
20
31i
10
20 1

20
16
20
20