The Sun.
London, England, 1856-09-16 00:00:00

MONEY MARKET

COMMERCIAL INTELLII lENCE.

CITY, Taro o'CLoox.

The Liverpool Cotton Market ye .sterday closed
quietly but firmly, and prices of all descriptions
were unchanged from last week's prices. The
sales were 7,000 bales, consisting of 1,000 for ex-
port and 1,000 on speculation, incluc ling, 770 Per-
nam and Maranham, 61d. to 'ad.; 72 0 Bahia, 6id.
to 6d. ; 400 Egyptian, 6d. to Bd. ; 500 Surat,
4id. to sd. ; and 80 Sea Island, 11 .d. to Is. 3d.
per lb. There was no material altera Lion to notice
in the Railway Share Illarket, but transactions
were numerous.

The advices from Antwerp report upon the gene-
ral commerce of last week as having I _leen steady,
with the exception of the grain market winch
presented a further tendency to declin e. A 'public
sale of wools had been held during the wee:g, and
produced a very favourable result. Of 1,700 bales
Buenos Ayres and Monte Video wool;.1-,rought for
sale 1,350 were disposed of to differen 'c purchasers,
and the remainder was bought in. The prices
realised for the best qualities denoted much
firmness in the previous rates, but ordinary
sorts exhibited a tendency to fall. Amongst
the imports were 284 bal.es from England,
which were sold at full rates. In the coffee market
the rise of the previous week -was maintained ; and
the reserve of purchasers in. expectation of lower
prices gave way, and stoyls were laid in at the
ruling quotations. There was a moderate demand
for cotton, and an arrival of 636 bales from Liver-
pool met with a fair market. In sugars there was
a complete stagnation in business, and although no
change was observable in quotations, still they
Were nearly nominal. The other branches of trade
were quiet, and the amount of shipping inwards
and outwards was greater than during the previous
Week.

The condition of some of the Continental money
markets continues unfavourable, with a tendency
towards increased stringency rather than otherwise.
Notwithstanding the recent advance in the rates of
discount by most of the German banks, a still
further increase is spoken of, and the scarcity of
Money is alleged to be seriously impeding in
Some districts the transactions of the commercial
community. With regard to our own money
market no improvement is yet expected, the de-
mand, at the present moment, being active both in
Lombard-street and at the Bank of England.
Besides the requirements of the Stock Exchange,
operations to effect the settlement in Foreign stock
and Railway Shares, preparations are in progress for
the payment on Thursday next of the final instal-
ment of 20 per cent., or 1,000,0001., on the loan of
5,000,000/. which was negotiated last May. This
event has no doubt been anticipated by most par-
ties, consequently it is not likely to have any serious
effect on the market. At the same time, however,
it will no doubt strengthen the terms for accom-
modation. Little has been said during the last
day or two as to the probability, or otherwise, of
an early advance in the Bank minimum ; but there
is, nevertheless, an impression that the Directors
Will soon be compelled to adopt a more restrictive
Policy, unless a salutary change takes place in the
general state of monetary affairs.

A slight improvement must be reported in the
aspect of the markets for speculative securities ;
resulting, however, rather from a temporary pause
in Bear operations than from any favourable change
is those circumstances which have been influencing
the quotations. The fall in Consols has now been
considerable, and many of the operators being en-
abled to close their accounts at a large profit, they
take advantage of their position, and accordingly
hang back. These transactions, besides arresting
the declension, have also had the effect of occasion-
ing a slight recovery, and thus Consols area to
better than at the close of business yesterday.
For money the quotations have been 93",' !, and
93 while those for the accounts have been 93'4' 7.
and 93i to 94. The present prices, however, are
now 93i and 931 respectively. Exchequer
bills are dull, at 13s. to 16s. prem., and the
Bonds 991

Foreign Stocks are also firmer, especially
Turkish. The 6 per Cents. are 101 to 102, the
I per Cents. are 1015 2, and the Small 101.
Peruvian 41 per Cents. are x lower, viz., 79!,-y, and
the Threes 57. Equador New Consolidated are
15k, and Peruvian Dollar Bonds 60.

The following are the nominal prices of Foreign
Stocks Grenada Deferred Bonds, 7 to 8 ;
Mexican, 22i- to 221 ; Peruvian, 80 to 82 ; ditto
3 per Cents., 57 to 59 ; Portuguese 3 per Cents.,
45 to 46 ; Russian 5 per Cents., 108 to 109 ;
ditto 41 per Cents., 97 to 09 ; Spanish 3 per
Cents., 431 41 ; ditto Deferred, 24i 51 ; ditto
Certificates, 5 ; ditto Passive, 61
Railway Shares may be quoted / to 42 better all
tumid, but the transactions are limited. This is
settling day, and the dealers are busily employed
With the adjustment of the account. Great
Western of Canada are firmer, but in the
Other Colonial as well as the Foreign Lines,
there is no material alteration. Ceylons have de-
clined to IT,-, owing to the undertaking not having
been favourably received in the colony.
nothing has been done in Mining shares, Banks
are firm, and Miscellaneous dull.

BRITISH FUNDS THI6 DAY A.l. ONE °CLICK.
( From the Official List;
Prisms.. done.
3 per Cent. Consols Annuities
India Bonds, .£101)
Ditto, under £lOOO l7 p
Consols /or Account
Exchequer Bills, 20-
£1000

1500 )3 16
gmall
Ditto Bonds, 1858, 3i per Cent. —
Ditto, 1859
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds. 5 per Cent. —
Ditto Account
tquador New Consolidated lsb
Peruvian Bonds 4i per Cent 794
Ditto 3 per Cent 57
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto, 4 per Cent.
Ditto Account
Terkibb Bonds, 6 per cent lOl
Ditto Account
' Ditto Small
Ditto Guaranteed, 4 per Cent.
Ditto Account ..

Div Mewl!. on the above navnble in London.
Peruvian Dollar Bonds, .4 per Cent.
TWO O'CLOCQ.
Consols, money 934
Ditto Account 93i I

MARKET NEWS.—(This Day.)

HAY MARKETS.

SMITIIPIELD.—Meadow hay, 31 N to 5/ 10s ; clover
C6sto 6/ 1N; anti straw, 11 8s to 11 13s per load. A
fair demand.
__

----
CUMBERLAND.—Meadow hay, 31 3s to 51 10s; clover,
58 to 618 s ; and straw, 11 8s to 11 14s per load. Trade
steady.
WRITECHAPEL.—Meadow, hay, 31 Os to 5/ 10s ; clover,
41 103 to 61 10s ; and straw, 11 8s to 11 13s per load,
A moderate supply and a slow trade.

COLONIAL.
TEA.—There has been no business of any importance
transacted, and the news by the overland mail that lower
' prices rule in China has not tended to improve quotations.
SUGAR. The transactions reported have been very
limited; although previous rates were fully sustained,
prices generally show but little variation from those ruing
• at the same time last year, but the stocks on hand are
considerably smaller. There are some large parcels de-
clared for public sale during the week. The refined market
firm.
COFFEE.—There has been an increased demand for all
descriptions of consuming qualities, and prices generally
may be quoted as having slightly advanced. Clean qua-
lity Native Ceylon brought 52s 64 to 54e per cwt. Plan-
tation and Mocha both realised rather higher rates.
F'4 RIPS—The market has been firm, and the business
done has been very limited, at previous quotations.
Rum.—A. moderate business has been done, at about
former rates.
TALLOW.—The demand for tallow has been exceedingly
limited, and prices have again receded to, Spot, 504 to
50s 6d; and last three months, 49s 3d per cwt.

CHELTENHAM STAG HourtDs.---We are again to be
favoured with the presence of Captain West and his gal-
lant pack during the ensuing hunting season. A meeting
of the supporters of the hounds, held at the Assembly-
rooms on Thursday, gives promise of a most successful
hunting season. Captain West will commence operations
in a few weeks. The Earl Fitzhardinge, with his cha-
racteristic munificence, has consented to provide the
deer.— Cheltenham Examiner.

The Journal de Francfort states that by the advice
of her medical attendants the Duchess of Orleans and
her sons will spend the winter in Italy, and will in
the first plane

St.
50
4t.
St.

5
5
20
10

Ili
St.
St.
20

N 26
10
Bt.
St.