The Sun.
London, England, 1856-12-08 00:00:00

rdoNE Y MARKET

AND

COMMERCIAL INVELLIGENCa

CITY, Two o'CLook
Letters from Liverpool state that the Cotton
Market on Saturday closed firmly, but without
increased tightness. Compared with Friday's rates
all kinds were unaltered. The sales amounted to
8,000 bales, of which 2,000 were taken by the
speculators. The Railway Share Market mani-
fested a steady appearance, and prices were
fully sustained. The state of trade in the
Manufacturing towns is generally quiet, but
the reduction in the minimum rate of discount by
the Bank of England has occasioned more firmness.
At Leeds the business of the past week is described
as being limited, and confined principally to goods
of the lower qualities. The manufacturers having
laid in fresh stocks of wool, at the public sales, are
riving fuller employment to the working classes,
and the mills are now working longer hours. In
Manchester there has been an improved demand,
owing to the more favourable advices brought by
the last Overland Mail, and shirtings are lid. to
3d. per piece dearer. The Silk trade, during the
Past month, is thus reviewed by Mr. II:
W. Eaton : There has been little in the
Market during November calling for particular
notice. The deliveries have continued good, but
We have had a dull heavy trade throughout, every
one seeming anxious to buy as sparingly as possible.
rices have, however, remained extremely steady.
The import's from China in the next two months
Will doubtless be large; but as they will find manu-
facturers and throwsters most scantily supplied, it
it fair to expect, in the absence of most other silks,
4, good demand—consumers having waited for a
better assortment than the present small stock
aff. ords. This impression is much strengthened by
the increased operations during the last two days,
both for home use and the continent. It must
440 be borne in mind that these expected imports
IQ complete 50 per cent. of the total quantity to
Great Britain of 70,000 bales. The letters just
received from China report the total settlements
. he 45,000 bales, the shipments to Great Britain
at 30,500 bales, and elsewhere 5,000 bales. Prices
'ad advanced so as to have but little margin on
the• quotations from England. In Bengal silk the
1511siness early in the month was very moderate,
the bulk of the recent imports as in October being
lbferior, and the pretensions of importers owing to
the high cost being far beyoid what can be afforded 1
for• inch qVities, but more disposition being
lately shown 'to meet buyers, some sales have been
Ilffected. Anything really fine and good of the
medium qualities sells readily at good prices.
Italian silk has attracted a little more attention,
4114 may be quoted rather firmer. In Brutias and
Persians there is no alteration.
)32be True Briton, from Melbourne, is announced
nt the particulars of her specie freigtits are not
• knOW/1. The Red Jacket and the William
0f°1..11, are now also due, and in the course
he Of next fortnight a further large supply
4,sa gold may be anticipated. As the
,reie requirements of the Bank of France seem
liTt'to have been supplied, and speculation in
°er is not likely to draw so much gold away as
retofore, it may be supposed that the
treater portion of future arrivals will be re-
eiced in this country. The advices from
this morning state that monetary affairs
Zntinue to improve, and the next Bank return, it 1
Wieged, will show an increase in coin and bul- r
~'on in Paris and the departments to 194,000,000 S
taes.

There is a quiet demand for money in Lombard-
iltreet to-day, and the rates for first qualities of
bins are rather easier.
The Europa has arrived, with 560,000 dollars,
/tom the United States.

The half-yearly meeting of the Bank of Austral-
4teela was held this day, when the directors expressed
their resolution to continue the dividend at the
Zte of 20 per cent. per annum, payable in April
6,M. The state of the colony was satisfactory.
4
as the next meeting the accounts will be presented
Ual. The directors had invested the 200,0001.
barantee fund.
v2llleiness at the Stock Exchange has commenced
thi4l quietly this week, and, owing to some spe-
etive sales, a temporary degree of weakness has
Me apparent. Compared with the latest prices
eehrlellt on Saturday a decline of to 1 per
014 has taken place, but as there is no
'4Vourable event which justifies a lower range
oeLltillea, the flatness now prevailing 'is no doubt
114: temporary. An influential party of dealers
ite endeavoured to depress the market, and some
tio," *Mailer operators for a rise have probably
of.°‘ their accounts, so as to make sure
ttiz their profits, otherwise it is only
ill 10 conclude that the tendency would have been
the, other direction, especially as the Money
110—'ket is gradually improving. At the same time,
401P4ver, the Transfer books being closed, there are
00111eney purchases to give support to the market.
1)1011ela have been 93i 94, and 931 /. They are now
Itt 93/ Special transfers of stock have been
habtiated at 941 The New Threes are 93i to
412 the Reduced 931 s. Exchequer Bills 4s. to
ii;,
~Prenlium, and the Bonds 981, 99. Bank Stock
46i, and India Stock 227.
a the Foreign Market the principal feature is
ihided fall in the Turkish 6 per Cents., which
ce suffered from the same cause as Consols, viz.,
Sulilative sales. They have been dealt in at 951,
941 i, and they are now about 95, 951. The
he': cents. 1021. Spanish are flatter, the Threes
.I.l—g 42 to 42k, and the Passive si. Russian
Per Cents. are 961. ; Peruvian, 78 ; and Do.
'let Cents. 55g.
he 'hotf0110wing are the nominal prices of Foreign.
ern Grenada Deferred Bonds, 6i 7 ; Meal-
„l 221 I; Peruvian 41 per Cents., 76 8 ; ditto
per Cents., 54 6 ; Portuguese 3 per Cents.,
06 ; Russian 5 per Cents., 106 8 ; ditto 4 per
t*, 95 7; Spanish 3 per Cents., 411 21 ; ditto
Deferred, 231 24 ; ditto Certificates, 61. ;
"ta° Passive 6
beenho Railway Share Market this morning has
influenced to some extent by the depression
in
of the English Funds, and the quotations of most
tile principal lines have declined aboutk to
714 cent. ;in some instances rather more. East
Vi
iglian, Great Northern, Great Western,
,7ghton, North-Western, and Midland were
'ilver by 10s., and Lancashire and Yorkshire by
•tss. ; South-Eastern
53.
dined 10s. ; Northern of 1'
; Paris and Lyons de.
France ss. ; Lombardo-
enetian 15s. ; Great
nadian lines were steadL y xe
at former quotations.
urg ss. The
um bo
dealt Joint-stock Balk shares have been very little
in. Bank of Australasia have improved
81 in.
55., and Western Bank of London 11. to 11.
Bank of Egypt, Ottoman Bank, and Oriental
—‘4lc are steady.
kiseellaneous shares are inactive. Canada Go_
litPlelent 6 per Cents. are at 114 ; South 4 .A.ustra-
s" Government 6 per Cents. 1011 ; Electric Tele-
'N; 96i ; and Crystal Palace 21.

11411711 FUNDS THIS DAY AT ON". O'CLOCK.
(From the
°ffielal List.)
fiustnceb done.
St Stock
A Dor (I,
934
- N„ _ nt. Reduced Annuities
Ne...,uent. Consols Annuitiew shut 'Ai i
144,-. 4 Per Cent. Annuities ...... 94 i 31
c;"4 Stock
227
118318 tor Account 93i 4 3P i x d
`,9lequer Bills 24d.
mow i
4 7 p
itls.ll
4,_
........ :. ..... ..
litti" Bleds, 1P:,3, 3i per Cent 983 9
1/4;11" OF FOREIGN FUNDS AT ONE; O'CLOCIF•
•-411 Bonds 4iper Cent
'bate
bits Account 7B
4 Lizo ?ger Cent. ..
55i
I:4ll4bitto4 PpenTsn 122, E St., 5 per Cent —
Plinih'. per, Cent.
bit, Bonds. 3 per Cent
liPiiti°4 Apee°."' t
, rve
.„Itit, ail'i ti
.n.tt- Bonds, 6 per cent
Diu° A,...cceuut
bitt° ,i-uaranteed 4 per Cent.
0 Account ' 1021
Dividends on the above payable in London.
TWO O'CLOCK.

1%111°18: (Money) —
0 4ccoulat