The Sun.
London, England, 1855-11-24 00:00:00

MONEY MARKET

AND
C 0 DIMEROIAT., INTELLIGENCE.

CITY, Two o'CLoCK.
In the Liverpool Cotton Market yesterday there
was rather more firmness, and less disposition to
sell at the extreme decline of the two or three pre-
vious days. The sales were estimated at 6,000
bales, 1,000 on speculation and for export. The
quotations, according to the standard adopted by
the brokers' association at the market, were as
follows :—Fair Uplands sid. ; fair Mobile 611. ;
and fair Orleans 6gd. per lb. The Railway Share
Market opened with a steady feeling, which, how-
ever, was not maintained, and prices at the close
were rather lower than in the early part of the clay.
The Bank of England weekly return is to the
17th instant, and shows a slight increase in the
amount of bullion which was not generally ex-
pected. In other particulars the statement, upon
the whole, is a satisfactory one. The reserved
notes show a largo augmentation
Active Circulation
Decrease
Bullion

£19,422,230
340,860
11,263,224

Increase

28,786
3,220,897
12,314
4,110,130

Increase
Public Deposits

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

504,772
10,886,746
279,323
982,219
39,469
10,124,843
17,787,150
92,414
5,239,530
356,325

The question of introducing a uniform basis in

the metallic currency of the Germanic Confedera-
tion continues to engage the attention of the finan-
cial circles of the Continent. The petty States look
to Prussia and Austria as the principal arbiters in
the matter. Notwithstanding the departure of M.
Brentana for the present from the field of discus-
sion, these States have the question still
pending between them, and it is expected that
the monetary conference will be renewed again
in February, 1856. This matter is one of
great importance, not only to Germany but to
Europe generally. It will prove a boon to all
when a better description of money is introduced
instead of the present heterogeneous collection of
coins. The main question is—Shall the basis be
gold or silver ? Prussia inclines to the former ;
whereas Austria considers that silver would be
most beneficial, and that gold be quoted as a com •
modity.
Another financial proposition has been attract-
ing the attention of these States, viz., to establish
a► federal Bank to regulate the paper circulation of
Central Europe. The petty states entertain the
matter favourably, but the Austrian Minister
of Finance has pronounced against it as interfering
with the privileges and freedom of the banking in-
rests throughout Germany.
Accounts from Munich announce that the King
e Bavaria has signed signed an ordonnance which
prohibits the circulation of foreign paper money
in his kingdom, in consequence of the recent de-
cree to the same effect by the King of Prussia
within his dominions.

The Paris Stock and Share Markets opened
heavily yesterday, and declined during the day.
There was every disposition on the Bourse to
establish the 3 per Cent. Rentes at the previous
high quotations, but speculators for the rise failed
In doing so, and they fell 20c. for money and 10c.
for the account. A. fall of 25c. took place in the
4i per Cents.
The English Stock market has been without
animation to-day, and prices have ruled heavy at
the lowest range of yesterday. The effect of the
Bank of England return is counteracted by the
increasing stringenc;r of the money market. Con-
sols for transfer elm le at 88g for money, and 88i
for account. The New 3 per Cents. have been 87}
to 87k, and the Reduced 87i- to 87i. Bank Stock
is 209, and India Stock 224. Exchequer Bills have
been lls, to Bs. discount, being rather higher.
In the Foreign Market there is very little change
to notice, except in the Turkish 6 per Cents.,
Which haVe declined to 801 and 80i. The New
Scrip is steady at 3I discount. Spanish 3 per Cents.
are firm at 38k, the New Deferred at 20, and the
Passive at 6i. Equador remained at 5. Chilian
are marked 99, and. Brazilian 5 per Cents. also at
994 Nothing was done in Dutch Bonds.
The following e.re the nominal prices of foreign
stocks : Grenada Deferred Bonds, 6 to 7 ;
Mexican, 19k i¢ ; Peruvian, 74 to 76 ; ditto Three
Per Cents., 52 to 54; Portuguese Four per Cents.,
41 to 46 ; Russian Five per Cents., 94 to 96 ;
ditto Four-and-a-HEM per Cents., 85 to 88; Spanish
No Deferred, 19k to 20 ; ditto Three per Cents.,
38f to ; ditto Certificates, 4i to 4l ; ditto Pas-
sive, 5i to 6i.
Railway Shares have ruled very dull, and gene-
rally at a alight decline. Caledonian, North-
Western, and one or two others were about ss.
lower. South-Western and Great Western ruled
firm. Foreign Shares were without any particular
Change.
In the Mining, Banking, and Miscellaneous
Shares the business transacted was without any
feature of interest.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.

(From as Oflcial List.)

Business done
Bank Stock ... -
3 por Cent. Reduced Annuities
Z per Cent. Consols Annuities BBs i
New 3 per Cent. Annuities
India Stock
India Bonds, £lOOO ..........
Ditto, under £lOOO . ... 5 d
Consols for Account BBi i
E tehequer Bills, '2 i t
£1000
£5OO
Breall .
szehequer Bonds 1858,3] per Cent.... 98i 7i
Ditto 1859, ~ ... 981 7i
PRICE OF FOREIGN FUNDS AT ONE O'CLO: K.
Brazilian Bonds 5 per Cent. ..
Ditto Small
Chilian Bonds, 6 por Cent 95
Eqnador Bonds
Spanish Bands, 3 per Cent 3Bi
Ditto Now Deferred, 3 por Cent.
Ditto Passive . 6A
Turkibh Bonds, 6 per cent —
Ditto for the Account BO /1
Ditto New Scrip, 4 per Cent.
Ditto for the account 3i d
Dividends on the above payable to London.
TWO O'CLOCK.
Consols §Bg3 i

Ditto for Account Dec. 6

Counr-MARTIAL.—At a general court-martial held at
camp near Sebastopol, on the Bth of Nov., by order of
his Excellency General Sir James Simpson, G.C.8.,
Commanding the Forces, dated the 31 Nov., No. 3,461,
Private Stephen Hayes, 68th Regiment, was tried upon
the following charge :—" For having, Camp before Se-
bastopol, on or about the 9th day f Feb , when on
guard in the trenches, deserted to the enemy from the
68th Regiment, Light Infantry," of which charge the
Court found the prisoner " Guilty." Sentence.—The
Court, having found the prisoner guilty of the charge
preferred against him, which being in breach of the
articles of war, and having received evidence of his gene-
ral very bad character and of his previous convictions,
do now adjudge him, the prisoner, No. 3,461, Private
Stephen Hayes, 68th Regiment, to be kept in penal ser-
vitude for the term of life, in such place as one of her
Majesty's principal Secretaries of State may from time
to time direct.
AGREEMENTS BETWEEN LANDLORDS AND TENANTS.
—Much uncertainty having existed as to the legal
nature of the agreements on paper between landlords
and tenants, the following communication to the proper
authorities, and their reply, will be interesting to all
concerned :—"To the Commissioners of Inland Revenue,
Somerset-house, London.—Aliddlesbro, Aug. 18, 1855.
—Sirs,—The seaport town of Middlesbro, in the county
of York, contains about 14,000 inhabitants, and many
dwelling-houses and shops are let from quarter to
quarter, and from year to year, upon written memo-
randums of agreement, where the rents are under 201.
a year, and as some difference of opinion exists
respecting the proper stamp duties to be paid on such
agreements, your opinion is requested, whether the com-
mon lease stamp for such agreements will be sufficient,
or what other stamps (if any) will such memorandums
require f—Your most obedient servant, Wm. MYERS,
solicitor." Answer : —"lnland Revenue, Somerset
House, London, August 27, 1355.—Sir,—The board
having had before them your letter of the 18th instant, I
am directed, in reply,'to state that the documents therein
whether the tenancy be from quarter to quarter, or from
year to year.—l am, sir, your obedient servant, Tuogs.
Fnicaa,—)y. Myers, En.",