The Sun.
London, England, 1856-05-10 00:00:00

MONEY MARKET

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLoCK.

In the Liverpool Cotton Market yesterday
prices remained unaltered. The sales were 6,000
bales, 1,000 on speculation and for export.
The Bank of England Return completed for the
week ending the 3d inst. is considered rather un-
favourable, notwithstanding the increase in the
stock of bullion. The active demand for money
which existed for the purpose of liquidating the
commercial bills that fell due on the 4th inst. will
account for the reduction on the reserve of notes
and the private deposits. Although it is not ex-
pected that any immediate improvement will take
place in the general money market, the next state-
ment, it is generally considered, will be of a more
favourable character.

Active Circulation
Increase ..

. £20,225,565
301,345
9,806,880
83,750
3,207,670
31,679
3,871,799
• 136,272
819,105
26,222
13,755,083
385,000
15,446,266
528,923
3,430,875

Bullion .

Increase

Rest
Increase
Public Deposits
Decrease
Seven-Day and other Bills
Decrease
Government Securities
Increase
Other Securities
Decrease
Notes unemployed

Decrease

201,580

Accounts from Galatz to the close of April re-
port the continued heaviness of the grain market
since the promulgation of peace, with but a very
moderate amount of business doing. The sales of
Wheat had begun at Braila, where a downward
movement had likewise taken place, and supplies
from the higher districts were sold at 206 to
211 paras. Rye and barley were not in-
quired for, and prices were nominal. Freights
Were also very low, and it was difficult to get ships
DA, the reduced rates. Two Danish vessels accepted
11s. per quarter, and others refusel that rate, but
took lls. 3d. to lls. 6d. The following are the
ruling quotations at Galatz and Braila at that
date :

Per Quarter.

Galatz wheat: lst qua.
Do. do. 2nd...
Braila do. lst ...
Do. do. 9na
Galatz maize

383. 3d. to 41s. 3d.
293. Od. ... 38s. 3d.
31s. 9d. ... 345. 3d.
245. 9d. ... 30s. 6d.
15s. 9d. ... 163. 2d.

If •••

Braila do.
It is reported that the dredging machine which
has been busy at work clearing the bar at the
Selina mouth of the Danube, under the direction
of the Austrian Government, has made such rapi I
Progress that there is now 11 feet (English) water
at the entrance to the channel. The rates of ex-
change at GAatz, on London ruled 96 to 961 paras
Per pound sterling, and ou Paris, 3 33-40 paras per
franc.

The Ocean Chief, from Melbourne, was tele-
graPhed last night off St. Ives, Cornwall, with dates
to the 25th February, having made au excellent
Passage of 74 dayS. She has gold on freight, but
the quantity has not yet been reported.
The official return of the exports of bullion from
the port of London for the week ending Thursday
last, is as follows :

Oz 4.
Rotterdam ...... 400
If If
„ Bars f t
Gold Coin
If ft
The particulars of the New Loan have continued
form the chief topic of conversation in the City
In:day, and a fear is expressed that some difficulty
arise with regard to the price at which it wil
'5O taken. The meeting at the Treasury on the
19th inst. is looked forward to with interest, and
meanwhile various calculations will be formed re-
aPecting the rate which will be accepted by the
Government.
The Funds are flatter, but no material decline
as Occurred. There has not been much animation,
ilbut rather more business has been done than is
*usual on a Saturday. Consols closed at 921 to 93
for money, and 93i for account, being
firmer than they were at the commence-
ment of business. The New 3 per Cents, have
ranged from 91/ to 92k, and the Reduced
94 Bank Stock has been quiet at 2111, and
India Stock at 227 to 229. The Unfunded Debt
l'as been firm, the June bills being par, and the
/larch ditto 2s. prem. The Bonds are 98i
Several bargains have been recorded in the Fe -
reign Market. Turkish 6 per Cents. were 91k 3, and
the 4 per Cents. 1011, being rather flat. Mexican
ilonds have been in request at 221 /. Portuguese
4 per Cents. have been marked 50. Chilian 6 per
Cents. 103 to 104, and Danish 5 per Cents. 1011.
Sardinian Bonds brought 94. Spanish 3 per
cents. 44/, and Austrian 5 per Cants. 841.
The following are the nominal prices of foreign
Ilti3eks :--Grenada Deferred Bonds, 6/ 71. ; Mexi-
an, 222 8 ; Peruvian, 77 9 ; Ditto 3 per Cents.,
°*. 6 ; Portuguese 4 per Cents., 48 50 ; Rus-
rll,4 5 per Cents., 104 6 ; Ditto 41 per Cents.,
; Spanish 3 per Cent 3., 44/ 5i ; Ditto De-
ferred, 241 25 ; Ditto Certificates, 5. ,1; Ditto
Passive, 74.
The English Railway Shares are generally at
B:eadY prices, and Great Northern, Caledonian,
and Midland slightly tended upwards. In the
Qoreign lines no change of importance has occurred.
Ilanking and Mining Shares are dull. Canada
Land receded 1/. to 2/.

Silver Coin

5
5
20
10