The Sun.
London, England, 1856-02-06 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLoog.

The Liverpool Cotton Market yesterday closed
very steadily, but without the least animation, and
eotoprtred with Friday's rates prices of all kinds
were the same. The sales were estimated at from
7,000 to 8,000 hales—consisting of 2,000 American,
export, 500 speculation ; 40 Pernam and M4ran-
ham qd., 110 Bahia sld. to 61d., 500 Egyptian
Gid. to 71d., 1,000 Surats 3id. to 4fd., 500 on
speculation, and 100 Sea Islands ls. to 2s. 2d. per
lb. The Railway Share Market was firm, and an
advance in prices was manifested. _ _

An interesting statement of the progress of the
different railways throughout France in their ex-
tensicn and amount of receipts during the past
year, and compared with 1854, has come to hand.
The aggregate of these returns shows that the
length of the railways traversing the French terri-
tory during 1855,was 5,048 kilometres. The total
amount of receipts on the different lines for pas-
senger and goods traffic was 269,258,810 f., giving
an average of 53,340 f. per kilometre. During the
previous year the distance traversed by the trains
Was 4,337 kilometres, and the receipts averaged
45,663 f., showing an increase in favour of 1855 of
7,677 f. per kilometre, or at the rate of 16.1 per
ent.

Accounts frbm Munich announce that the Go-
vernment of Bavaria have brought forward a mea-
sure in the Legislative Chamber, analogous to the
Income tax of this country, in order to make up
the deficiency in the revenues of the State, which
are exceeded by the expenditure. This impost will
be levied upon all persons having an annual income
above 200 florins (somewhere about 201.). When
proposed by the Minister of Finance, this bill met
with considerable opposition by the Legislature,
'but ultimately the Government succeeded in pass-
ing the measure by a majority of nine votes.
Considerable- satisfaction has been expressed at
the promptitude with which the financial accounts
for the year ending the 31st December last have
been placed before the public. It is almost unneces-
sary to say that these returns have excited much
attention in the City, as upon them opinions are
formed of the probable measures which will
have to be resorted to by the Govern-
ment, to provide means for the outlay of
the current year. The total expenditure was
84,505,7881. 103. 9d., and the revenue 63,364,6051.
2s. Bd., leaving a deficit of 21,141,1831. Bs. ld.
This at first sight appears extremely unsatisfactory,
but it must be borne in mind that the loan for
16,000,0001., and the sums otherwise raised by the
Chancellor of the Exchequer, are not included, as
they cannot, strictly speaking, be denominated
income. When these items are taken into
account, it appears that at the beginning of this
Year there was a balance of 3,688,6001. in favour
of the company, besides which the Chancellor still
had authority to issue 3,500,0001. Exchequer Bills.
It is thus evident, however, that the amount now
standing to the credit of the Government must be
exceedingly reduced, and fresh financial opera-
tions will, no doubt, be announced at an early date.
Most parties are prepared for a large loan, as
Whether peace or war is determined upon, such a
treasure is considered unavoidable.

The Funds were rather unfavourably affected at
the commencement of business, upon the publica-
tion of the Revenue Returns, but a rally occurred
when it was found that they were not so un-
favourable as was at first imagined. Since then
the market has become comparatively buoyant, the
rise in Consols having been to l per cent. The
Prices for money from 901 have advanced to 901
121) and the Marsh quotations are 914 to 911. The
dew 3 per Cents. have been 911 to 92, and the
Reduced 90:', to 91k. India Stock has been at
222, 2231, and 2241. Exchequer Bills are 9s. and
4s. discount.

The Foreign Securities are generally steady.
Russian 5 per Cents. are, however, heavy at 1041,
Turkish 6 per Cents. at 93/, aid the guaranteed
4 Per Cents. at 1001. Sardinian are firm at 90,
and Mexican rule steady at 20g. Peruvian have
improved to 80 and 81. There have been dealings
in Austrian 5 per Cents. at 103, Brazilian Fives at
1021, Equador at 51, Grenada New Active 20 to 20i,
ditto Deferred at 61, Venezuela 4k per Cents. at
28, and ditto Deferred 121. Dutch 21 per Cents.
are fiat, being 61.
The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds, 6171; Mexican,
20i k ; Peruvian, 80 82 ; ditto 3 per Cents., 56 7 ;
Portuguese 4 per Cents., 47 9 ; Russian 5 per
Cents., 104 6 ; ditto 4i per Cents., 92 4 ; Spanish
3 per Cents., 42:1 3 ; ditto Deferred, 231. 41 ; ditto
Certificates, 6

The market for English Railways is quiet and
some of the quotations are under yesterday's range.
Br►ghton, however, as well as Midland, South•
Western, and a few others are well maintained.
Foreign shares, including Paris and Lyons, Lyons
and Geneva, and Antwerp and Rotterdam are at a
trifling advance. The Colonial are in limited re-
quest.

Mining Shares remain very inactive, and Banks
are without much alteration. Egyptian Bank are
fully 4 prem., and the Pernambuco Railway g
Prem. Royal Mail Steam are steady.

BRITISH FUNDS THIS DAY.-CLOSING PRICES.

hroTn the Official Lin.

ansine9. done.
Sauk Stock
a per gent. ttedweed Annuities.„
8 Per Cent. Consols Annuities 9O 1
New 3 per Cont. Annuities ..„
Long Annuities, expire sth Jan. 1860... 3 9-16
Ditto 30 Years, expire sth Jan., 1660 ... 34 5.16
India Stock
tlobsois der Account . 903 • lt-903. i
Erchognor Bills, 24d.
£lOOO. ..
£5OO 4d t
Small
Ditto Bonds, 1858, 3i per Cent tai 8
Ditto, 1859 .. • .
PRICES OF FOREIGN- FUNDS THIS DAY.
Austrian 80nd5,,5 per Cent.
13rasilien Bonds, 5 per Cent.
}icinador Bonds
Grenada New Active, 1' per Cent.
Ditto Deferred 63
Greek Bonds 6l
kimxican 3 per Cent.
Ditto Account 203
Peruvian Bonds, 4i per Cont.
Ditto 3 per Cent
Ditto Account
Russian Bonds, 5 per Cont., 1822, £ St lO4l
Ditto 4 per Cent
Ditto Small 94
eardlnian Bon.Zs, 5 per Cent.
Ditto Account
SP,inien Bonds, 3 per Cent —
Ditto Few Deferred, 3 per Cent.
Ditto Account 23i 4 i
Turkial Bonds, ti per cent 931
Ditto Account
Ditto Guaranteed, 4 per Cent lOO3
Ditto Account ... .
eneeuola Bonds, 4 per Cent! 2B
Ditto Deferred, 1. per Cent.. l2i
Dividends on the above payable in London.
keigian, 2} per Cent., ex. 25 francs —
Pitt.) 4 per Cent.. ex. 25 francs...... —95 i
butch Exchange, 24 per Cent., 12 Gull 64
THREE 'CLOCK.
Consols, money
0i 1
Ditto Account (February 7)

DISCOVIRY OF VALUABLE TRON ORE NEAR LEEDS.--
In excavating for coal at the Rock Colliery, Nippet-lane,
Burrnantofte, near Leeds, the proprietors have recently
discovered a very valuable seam of iron ore, which ?i
said to be a continuation of the Low Moor seam. This
iron ore the proprietors of the eolliery have been sup-
plying to the Low Moor Iron Company, and its quality,
on being duly tested, was found to be the same as that
of the Low Moor bed. The Farnley Iron Company
have just purchased 100 acres of land in the neighbour-
hood, and are now driving a shaft to get the mineral.
It is anticipated that the smelting of the stove will be
effected on the spot by the Fernley Iron Company,
which has the merit of considerable enterprise, and, if
so, a very gnat development of traffic and labour will
take place in this already thriving part of the town.
--Manchester Guardian.
SUDDEN PEATY' OF A SENTRY.—A detachment of
the 2d Regiment of Grenadiers of the Garde Imp6riale
Was on duty, two days back, in the guardhouse at Pont
Tournant (the principal entrance of the gardens of the
Tuileries). In the night, a corporal with some men
Went out to relieve the sentinels, and be was greatly
surprised, on approaching one who had been placed
on the terrace, not only not to hear from him the
usual cry of " Qt,i vive ?'' but even net to receive an
answer to his own challenge. Going to the sentry-box he
found no one, and on looking about he discovered the
sentinel lying flat on the ground without movement. lie
caused Idin to be removed to the guardhouse, but a medi-
cal man who was called in declared that he had died of
apoplexy. The man, named Heyraud, who was only 26
Years of age and very strongly built, had not complained
of any indi. po4ition.

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