The Sun.
London, England, 1856-09-19 00:00:00

MARKET

MONEY

AND

COMMERCIAL INTELMG3

CITY, Two o'CLoor..

The Liverpool Cotton Market yesterday closed
quietly, without any material change. The sales
amounted to 8,000 bales, 1,000 of which were
taken for export, and 1,500 on s,oeculation, com-
prising 440 Pernam and MaranhamL, 6id. to 7/d. ;
100 Bahia, bid. ; 250 Egyptian, 6i,d. to Bd. ; and
400 Surat, at 41d. to sid. per lb. The Railway
Share Market closed very animated, with au appear-
ance at a slight improvement.

The Colonial Produce Markets this week have
generally remained in a firm and quiet state, but
for some of the principal staples a steady demand
has prevailed. For sugar there has been a good
inquiry, and although no quotable change in prices
has occurred the tendency has been upwards.
Yesterday, however, there was rather less
buoyancy, and some descriptions were heavy. The
stocks of this article as well as of every other
staple continue in excess of those at the corre-
sponding date last year. Coffee has not been pur-
chased to any considerable extent, owing to the
firmness of the holders who ask higher prices.
Rice has been taken freely, and at an advance, in
consequence of die improvement in the corn market.
Cocoa is ls. to 2s. dearer, rum has been in moderate
request, and spices remain steady at previous cur-
rencies. Cochineal is dull, indigo firm, and tallow
active at 6d. per ewt. advance.
Accounts from Berlin, of the 16th inst., state
that a treaty of co mmerce and navigation was con-
cluded on the 23d: June last, at Monte Video, be-
tween Prussia, as representative of the Zollverein
union, and the 11 restern republic. The term of
eighteen months I I as been given to ratify the treaty,
and the formalit ic3s necessary for its ratification
have already beei t accomplished on the part of the
South American rtate.

A telegraph m( tesage from Madrid mentions that
nothing has been resolved on by the Government,
relative to the es tablishment of the octroi duties,
or the disamortim ition of the clergy lands.
Letters from Constantinople report that the
subject of railvi ray communication throughout
Turkey is again I ecome a matter of interest, since
the Government have granted a concession for the
construction of a line from Smyrna to Aidin, and
from Trebizond t Erzeroum. The great question
is the line from Constantinople to Adrianople. To
concede this line, or that from Alexandretta to Bag-
dad, is considered at present premature. There is
also a combined 1 knglo-French company, with an
immense capital, i ormed, who offer to the Turkish
Government subs tantial guarantees to construct a
railway direct froi n Constantinople to Trieste, and
to Bassorah by Bs

The liabilities of the Rnyal British Bank are now
stated at 540,000/., and the assets at 340,000 i., but
no official inform ation on this subject has yet
been published. I t is also alleged that the 501.
per share still m ipaid will be called up at
onoe. To-morrow the meeting of shareholders

takes place, and jib will, no doubt, be numer-
ously attended b y the unlucky shareholders,
who will immediate ly be called upon for the 50/.
per share yet unpai d. These parties are in a pecu-
liarly unfortunate p osition, as of course they were
kept in ignorance of the rotten state of the concern,
although it is asserte d that the Bank has been tot-
tering for years past.

The buoyancy not; .ced yesterday in the market
for English Stocks h as been succeeded by a partial
reaction, and the mai kot is in rather an excited state.
Whether the present- weakness is the result of the
closing of Bull accounts or of Bear transactions it
is difficult to say, brit it is most likely that both
these causes are in or .eration, as certain parties are
known to be speculate ing for a fall. It is impossible
to get rid of the impression that the money market
will continue strin d ent, notwithstanding favour-
able indications .may occasionally re-appear.
At present, in the absence of political news of
importance, the niLarket is solely influenced by
monetary prospects . While affairs on the con-
tinent remain in s ttch an undecided state—with
the export of silve r. continuing active, and the
enhanced terms of discount that prevail—it is
difficult to conceiv 9 how the public mind can
become settled wi. th regard to the probable
course of prices ici the markets for speculative
securities. Consols for money have been 94i and
941 f. The account; quotations have been 94i
and 941 Yesterday, at the official close, the
money value was 9ti I, and the account 94f 1,
although subsequently there was a slight decline.
Exchequer Bills are, Is. firmer, viz., 13s. to 16s.
premium ; and the -Bonds are 991 1. East India
Bonds are 17s. premium.

Foreign Stocks ar u dull and heavy. Turkish 6
pot:Cents. have declined to 1031 21, and the 4 per
Cents. are nominal- Russian 5 per per Cents.
have been 108, and. the 4} per Cents. 97k, and
Sardinian are 911 to 92.

The following are the nominal prices of Foreign
Stocks : Grenada Deferred Bonds, 7 to 7i ;
Mexican, 22f to 23 ; Peruvian, 79 to 81 ; ditto
per Cents., 55 to 57 ' • Portuguese 3 per Cents.,
45 to 46 ; Russian 5 per Cents., 108 to 110 ;
ditto 4i per Cents., 96 to 98 •, Spanish 3 per
Cents., 43f 441 ; ditto Deferred, 24f 251 ; ditto
Certificates, 5 6 ; ditto Passive, ei 7.
An almost complete suspension of business in
American Securities is reported by Messrs. D. Bell,
Son, and Co. The following quotations are merely
nominal ;

Redeemable. Per Cent.
Vnited States 6 per Cants. 1867-1868...1041 105 i
Vnited States 6 per Cent. Bonds 1868...104] 105 i

STATE SECURITIES.

Alabama 5 per Cent ... 81 83
Kentucky 6 per Cent. Bonds 1863-1872... 90
Maryland 5 per Cent. (Sterling Bonds)... ... 90 92
Massachusetts 5 per Cent. (Sterl. Bonds). —lOl 103
Mississippi 6 per Cent. Pl. Bk.
Bonds 11341-71871... 40 42

Mississippi 6 per Cent. Union Bk. Bonds ::: 15 16
Pennsylvania 5 per Cent. Stock
Pennsylvania 5 per Cent. Bonds ...1877... 78 80
Tennesse 6 per Cent. Bonds ... 86 88
south Carolina 5 per Cent. Bonds
(Baring's) 1858-1868... 94 93
louth Carolina 5 per Cent. Bonds
(Palmer'■) 1866... 87 89
Tirginia 6 per Cent. Bonds 1886... 82 83
LOANS OF CITIES.
Montreal 6 per Cent. Bonds 1856-1865... 83 85