The Sun.
London, England, 1855-12-18 00:00:00

MONEY MARKET

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The Liverpool Cotton Market yesterday closed
tamely but firmly, and prices were the same as last
quoted. The sales were 7,000 bales, of which 5,500
were American ; 300 Pernam and Alaranham, 6d.
to 6Ad.; 400 Egyptian, 50. to Bd.; 700 Surat, 3,1.
to 41d.; and 50 Sea Islands, 10d. to 15d. per lb.
There was a steady feeling in the Railway Share
Market, and prices were higher than on Saturday.
The treaty of commerce with Mexico, which was
recently entered into by the Prussian Government
in its own name and that of the Zollverein States,
having been submitted to them separately, has just
been ratified, and measures taken to expedite the
same to Mexico for the ratification of that republic.
According to a list of items imported into these
states from the West Coast of America the largest
*umber came from there, and the treaty referred
to will still further increase the importations of
Mexican produce. The general receipts of the
Zollverein, published by the Prussian Customs' de-
partment, for the three quarters of 1855, are as
follows :—Amount of import duties, 18,479,630
thalers ; export duties, 169,135 ditto ; and the
duties levied upon goods for transit, 169,135 do.
Business on the Paris Bourse, yesterday, is re-
ported as having been dull, especially in the Share
Market, where stocks were offered at reduced prices
without buyers. The French 3 per Cents, declined
per cent. for the account, and money bargains
were concluded at 5 centimes less than the previous
day.
The proposed French Budget for 1857 has been
again reported upon after receiving certain modifi-
cations at the hands of the War Minister and the
Minister of the Interior. The latter Minister has
increased his demand for a credit to 140,837,000
francs, being an increase of four millions over
the credit of 1856. Amongst other matters to
receive aid from this increase, it is intended to
assist emigration from the central departments of
the empire to the French co!onies, also to extend
the system of electric telegraph lines. From the
statement of the Minister of Public Works there
are now 11,000 kilometres in activity, and 200
offices open for public communication. The exten-
sion of the lines most urgent are projected to Varna
and Bucharest.

The distress already noticed amongst the poorer
classes in Prussia is on the increase, and the Go.
Ternment have resolved to obtain the sanction of
the Chamber to apply three million thalers (about
900,000 sterling) of the loan of thirty millions for
their relief.

The advice! received from Jamaica mention that
a motion had been brought forward in the
House of Assembly upon the Tonnage Dues ques-
tion, and various opinions had been expressed upon
the subject by the merchants and others. It was
considered among all classes that a material re-
duction of the impost, or its abolition, would be
beneficial to the interests of the colony. Not-
withstanding, however, so much was said about a
reduction of taxes, &c., the revenue of the island
was still insufficient, and an endeavour was being
made to curtail the expenditure. The sugar
market was quiet but firm, and the quotations
were expected to advance.

The last instalment upon the English Loan,
amounting to 1,600,0001., has been paid to-day,
and notwithstanding the recent liquidation of the
10 per cent. on the New Turkish, the Money
Market is not expected to be influenced to any im-
portant extent in consequence. There will no
doubt be an increased demand for accommodation,
however, and yesterday afternoon full rates wore
charged ; still a large portion of the above
instalment has been provided for some time past.
The creation of such an additional supply of Con-
sols as will at once take place is not likely to affect
the quotations, as it is already absorbed, and pro-
bably held by that class of persons who subscribed
•r bought for a permanent investment.
The English Funds present a dull appearance in
the absence of speculation, or any foreign intelli-
gence of a nature to affect them. Until the close
of the year the market will probably continue ex-
ceedingly quiet, unless any unexpected political
event occurs in connection with Count Esterhazy's
progress. Consols have been 88i to 89, and are
Low about 89 buyers. Exchequer Bills are 7s. to
4s. discount, and India Bonds 7s. discount. The
New Three per Cents. are 89k to 89i, and the
Reduced 88i to 89. Bank Stock is flat, at 209.
Foreign Securities are rather more active, and
the market continues steady. Mexican Bonds are
20, and Peruvian 75. Portuguese 4 per Cents.
have advanced to 48, in consequence of a cor-
respondence reported to have taken place
between the Minister of Finance and Mr.
Thornton, the Chairman of the Committee of
Bondolders, on the subject of a more
equitable reccgnition of the Bondholders' claims.
Spanish Deferred are firm at 21, and the Passive
At 7f to 7il. Turkish 6 per Cents. have been 83{
to 84k, and the New Scrip 31- to 2/ discount, which
is in both cases a slight decline. Buenos Ayres
are quoted 57 ex dividend.
The following are the nominal prices of foreign
stocks: Grenada Deferred Bonds, 61 to 7 ;
Mexican, 19 to 19i ; Peruvian, 74 to 76 ; ditto
Three per Cents., 52 to 54; Portuguese Four per
Cents., 47 to 49 ; Russian 5 per Cents., 95 to 97 ;
ditto 41 per Cents., 88 to 90 ; Spanish Three per
Cen 13., 39/ to 40i ; ditto Deferred, 201 to 21i ;
ditto Certificates, 4i to 5 ; ditto Passive, 7i to 7i.
In the Railway Share Market the principal
feature has been a rise of about 2 per cent. in Great
Western Shares, owing to the closing of a large
" bear" account. Most of the other shares main-
tain the improvement of yesterday. In Brighton,
South-Eastern, Eastern Counties, and Caledonian
a further enhancement has taken place. Scarcely a
bargain has been recorded in the foreign market,
and the colonial lines ruled ,dull, at previous quo-
tations.

Mining Shares are inactive, but a moderate
business has been done in Joint-Stock Banks, at
full rates. Union of Australia and Bank of London
are 10s. higher.

BRITISH /FUNDS% THIS DAY AT ONE 0 CLOCK.
( Front the Official List.

rinstnes. dose.
Bank Stock
3 per Cent. Reduced Annuities.„.„
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
Long Annuities, expire sth Jan. 1860...
Ditto 30 Years, expire 10th Oct. 1859 3l
Ditto 30 Years, expire sth April, 1885... 16 5.16
India Bonds, £lOOO ..........
Consols Tor Account B9 8i
Exchequer Bills, 24d.
£l000
Amnll 6 3 7
Ditto Bonds, IPSB, 3i per Cent.. 971
PP 1859 lf
PRICE OF FOREIGN FUNDS AT ONE O'CLO, It
Buenos Ayres Bonds, 6 per Cent
Ditto Account 57 x d
Mexican 3 per Cent.
Ditto Account . 20
Peruvian Bonds, 4i per Cent.
Ditto Account 75
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 4 per Cent
Ditto Account 4B
Russian Bonds, 5 per Cent., 1822, £ St —
Ditto 4i per Cent
gartliniAn Bonds, 5 per Cent. ......
Spanish Bonds, 3 per Cent — .
Ditto Yew Deferred, 3 per Cent.
Ditto Passive
Turkish Bonds, 6 per cent
Ditto for the Account B4 31 41
Ditto New S,crip, 4 per Cent.
Ditto Account 3 21 3}
Dlvideada on the above payable in T,onlor
Two O'CLOCK.

Consols
Ditto for the account

88i i

5
5
tY)
10

20
5
40
18

WontmszEß.—Monday, the 24th instant, will be kept
as a holiday here, shops all closed, &c., thus giving trade
assistants the opportunity of visiting their friends for
three days.
We believe the non. Mr. Byng has this week been
appointed the Chairman of the Board of Directors of the
South-Eastern Railway .—Herapath's Journal.
THE NEW NAVAL UNIFOR3I.—The further considera-
tion of this subject has been abandoned for the present.
Designs had been submitted proposing to make the new
dress somewhat on a par with the army, so far as re-
garded stars and the abolition of lace ; but the officers
could not agree on the subject. The committee, we be-
lieve, consisted of 5, Sir Thos. Cochrane being tlie lead-
ing dissentient.