The Sun.
London, England, 1855-10-15 00:00:00

MONEY MARKET;

AND
COMMERCIAL INTELLIGENCIZ.

CITY, - Two o'CLoc
The cotton market at Liverpool on Saturday

closed with much animation at generally extreme
prices, and in many instances an advance of 1-15 d.
per lb. was paid for Americans, ranging from sd. to
51d. per lb. The sales amounted from 10,000 to
12,000 bales, of which 1,000 were taken for ex-
port, and 2,500 on speculation. Railway Shares
generally advanced.

Mercantile advices from the Continent this
morning present no new feature in commercial tran-
sactions. There are no arrivals from the Austra-
lian colonies, although several vessels are due.
Accounts from Paris indicate a probable reaction
in the state of affairs on the Bourse. Purchasers
were acting with caution, which had the effect of
checking speculation.
The intelligence received from
.New York this
morning by the steamer Baltic, contains the latest
weekly returns of the City Banks, and these, as
compared with previous statements, present some
remarkable changes. The loans and discounts
decreased 1,196,509 dollars, the specie 1,736,267
dollars, and the deposits 3,287,039 dollars.
These important alterations had generally
the effect of intimidating the speculators
for a rise in the public securities; but up to the
latest date the market did not appear to have been
.much affected. For railway bonds, however, which
were freely offered, there was scarcely any inquiry.
Large shipments of bread-stuffs were taking place,
and the weekly report showed thatlarge qeantities of
flour had been forwarded to nearly every continental
port. As regards the wool market an active business
was doing in domestic fleece, while the operations
in foreign were moderate, as the prices hail rather
advanced. Of the latter the imports were mode-
rate, and the stocks in the hands of the manufac-
turers were limited. Some complaint was being
made of the high duty which is imposed on this
article and which it is remarked is highly prejudi-
cial to the interests of the manufacturers. The
imports of merchanchse generally, during the week
to September 30, were of the value of 3,164,499
dollars, against 3,438,795 dollars in 1854.
The steam-ship Star of the West arrived at New
York on the 2d inst. from California, with news to
the sth September. She brought 551 passengers,
and treasure to the amount of 1,033,427 dollar 4.
The Sacramento Valley Railway was finished, and
a trial trip made on the 18th August. The new
custom-house and post-office were approaching
completion, and met with general admiration.

The monthly return of the Bank of France pre-
sents some important changes as compared with
the previous statement. The metallic reserve de-
creased 25,428,865 francs in Paris, and 30,869,486
in the branch banks, but the discounts increased
26,236,735 in the former, and 22,114,146 francs
in the latter. Advances on Public Secu-
rities were made to the extent of
2,103,10 Q in Paris,and 401,500 iu the departnientp.
The notes in circulation were larger by 5,149,90;)
francs in Paris, and by 3,124,750 in the provinces ;
but there was a diminution in the Treasury account
of 29,577,187 francs, while that of private persons
increased 26,476,014 in Paris, and 1,939,939 in
the departments.

In consequence of the very favourable character
of the news from the Crimea, the market for
the English funds was expected to open this
morning with some unusual degree of ex-
citement, but the feeling has been very
partial. Consols were first quoted at 88l to 881,
being a rise of I per cent., but they soon went to
88i to for the account, and 881 to for money.
There would probably have been more movement,
but for the jobbers being all still busily occupied in
settling the past month's account, which is ex-
tremely heavy. It is as yet too early to learn how
much the market will be influenced by the payment
of the dividend; but, as to morrow a payment of
10 per cent. on the English Loan, and next week
a payment of 20 per cent. falls due, making
together two and a half millions sterling,
it is thought that there will not be very
much support afforded the market. There is
also much uncertainty as to what the Bank
Directors may do next Thursday, opinions being
still divided as to whether the rate of discount
will not go up. Exchequer Billsare 2s. to Gs. dis.,
and the Bonds 98i to /. India Bonds 3s. dis-
count, 3s. premium.

In the foreign market there is rather a large
amount of business doing, and the prices are in
most instances buoyant. Turkish 6 per cents, had
risen about per cent., namely, to 81 to 82, and
afterwards to 82±, though at the present moment
marked 81±. The rise is attributable to the defeat
of the Russians at Kars. The New Scrip, however,
has been rather heavy at 3 to 2a discount,
owing to the settlement. Spanish Deferred bad
advanced to 19±. Sardinian are at 84k. Peruvian
are 721, Equador and Buenos Ayres 55, being
full rates. Dutch Two-and-a-Half per Cents. are
641, and Four per Cents. 931 to 931.
The following are the nominal prices of foreign
stocks :—Mexican, 21± to i 3 ; Peruvian, 72 to 74 ;
ditto Three per Cents., 53 to 55; 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 Certifi-
cates, 4i to

The arrangement of the account in the Railway
Share Market is attracting chief attention, and the
general business is consequently restricted. Still
the buoyancy of the Fu.ncis has favourably affected
prices, which are in some cases per cent. higher.
Foreign lines are dull but firm.
Mines, Banks, and Miscellaneous Shares are
dull.

BRITISH FUNDS THIS DAY.—CLOSING PRIG
f From the Oficial List. I

Tlngines don.
Bank Stock
3 per Cent. Reduced Anuuiti as__ .
3 per Cent. Consols Annl-iitieu BBA 71 S7i
New 3 per Cent. Annuities ........... 83
Long Annuities, Expire sth Sam., . 3 7-13 4
Ditto 30 Years, Expire sth April, 1885 10 5-16
India Bonds, .C.lOOO
Ditto, under £lOOO
Consols .or Account, Bth November _
.881 871 _

Etchequer Bills, Gd.
£lOOO
£5OO 1 d
small
Etchequer Bonds 1858, 3i per Cent 984
Ditto 1559, PP 9B/
PRICE OF FOREIGI-1/ FUNDS TUTS DAY.
Buenos Ayres Bonds, 6 per Cent '54
Ditto for the account
Chilian Bonds, 6 per Cent... lOO
Equador Bonds
Al.:xican 3 per Cent.
eeruvian Bonds, 41
ecOupentr C. a ..... 7='723 3
Ditto for the
Portuguese Bonds, 5 per Cc Con. 1811 —2
Ditto Small 5
per Celli
Sardinian Bonds, 45
Ditto for the Account •
Spanish Bowls, 3 per Cent .7. 841
Ditto New Deferred, 3 poi Cent............
19.
T ark it,b. Bonds, 6 per cent ~ ............
Ditto for the account . .................. :82."11 280?13 1
Ditto New scrip, 4 per ......................
Ditto for the Account, 311;t 0ct........., ::33
Venezuela Bonds, 41 per Co et. ..... ......... 2i 3 d
Ditto for the account 26
0,; 001 e ra7,..thie In London,
Belgian Bonds, 2i per Cent, ex. 25 fr
Ditto 4. per Cent . Ex. 25 fr 93a
Ditch Exchange, 2i per Cep t. 12 Gull 644
Ditto 4 per Cent. Certifies tos
THREE O'CLOCK.
Consols
Ditto for Of, Hunt, lth Nov S7i 8

A. grand ball is to be gi yen at the AldershottClub
Club-
rooms to-morrow, to inaugurate the club. Some
hun-
dreds of invitations have been issued, and amongst thei
officers of rank and distin etion whose presence is anti •
pated, we may mention Lt trd Panmure, Lord Hardinge,
and his Royal Highness tile, Duke of Cambridge.
The Lord Mayor of Loudon paid a visit to Hull dur-
ing last week. The object of his lordship's journey was
to visit the Holderness estates of the corporation of
London ; and he was acemrtpanied by Sir James Duke,
Sir Chapman Marshall, San nuel Voysey, Esq. ; Samuel
Voysey, Esq., jun., and hi.s secretary, Mr. W. Barber.
Two SOLDIERS DRUM M) OUT OF THE TOWER.—On
Saturday morning the ceremony of drumming two sol-
diers out of the regiment stationed at the Tower was
performed, in the presence of a vast concourse of spec-
tators. The men had been, guilty of disgraceful conduct,
but of what character did not transpire. They were
marched between files of soldiers to the Tower gates,
and then, having been ordered to strip themselves of
their red cnats and ears, the drums and fifes struck up
the rt li 70:.,:5..:11," and tißy wero ord,red he
ground, and took their departure amidst the loud exe-
Populace.
orations of the soldiery and the