The Sun.
London, England, 1856-07-10 00:00:00

MONEY MARKET

AND

COMMEECtAL INTELLIGENCE.

CITY, Two o'CLocx

The Liverpool Cotton Market yesterday closed
quietly, but steadily, and, compared with Friday's
range, prices of all kinds were unchanged. Surats,
from their scarcity, were a point dearer. The sales
were estimated at 7,000 to 8,000 bales, of which
500 have been taken for export, and 1,000 on spe-
culation. The sales include 370 • Pernam and
Maranham, at 61d. .td 72d. ; Bahia, 61 to 6 7-16 d.
600 Egyptian, 6d. to 8-W. ; and 800 Surat, 4d. to
4id. per lb. In the Railway Share Market an
improvement took place, but no great amount of
business was done.
A.3counts from Lyons state that a rise has taken
place in the price of tallow in that market. On the
Bth i nst. the price quoted was 133 f., and offers of
132 f. were refused by the holders. Former prices
ruled at llBf., 1201., 1221. Holders of best quali-
ties are demanding 136 f. and 137 f. The candle j

roan
ufactur,9o..at Lyons, in consequence of this
rise, have !ordered largely from Marseilles and
Lonion. '4,Che market at Paris likewise exhibits a
tend, Du CY tSq rise, particularly for the finer quali-
ties ( )f
Account 4 from Hamburg state that, daring the
last month there have been numerous arrivals at
that port;:-..tf American vessels laden with rye, which
is immediately landed and conveyed by railway to
the Silesian provinces of Prussia, where a scarcity
of this artiicle exists. Amongst these vessels, one
had come dlirect from Philadelphia with a cargo of
16,735 bushels of rye, which was all sent by rail-
Iviay to Pr4ssia.
The mairFsiiip, Oliver Lang, from Victoria, has
are ived off/Holyhead, but the amount of gold she
hrivap isviiot yet known.

11.1 he Money Mb.rket at the present moment is in
viither anomalous position. In Lombard-street
tiv.o and four months' bills together have been dis-
estinted at 3e, and four months' bills alone at 4
Per cent. ; and the supply of capital is so abundant
tha t there is some difficulty in finding full employ-
taei it for the means at the disposal of the bankers
and otherS. Notwithstanding this, however, the
Rank of England minimum rate remains at
4i per cent., no alteration having been made
at the "parlour" meeting held to-day. It
111, therefore, clear that some unfavourable
lYniptoms in connection with monetary affairs have
manifested themselves. The eflux of specie to the
Continent (although at present limited), the posi-
tion of the foreign exchanges, and the large pur-
alkalies of silver now being made for the Continent
are no doubt among the circumstances which have
influenced the Directors iu maintaining their pre-
sent rate. Perhaps the next Bank of England
return—viz., that to be published in the Gazette to-
morro
w—will show a falling off in the bullion as large
tEL have been transmitted to the Continent, and
the receipts of gold from Australia, &c., have been
The progress of the Money Market for the
ne=t two or three days will be anxiously watched,
since opinion seems now generally divided as to
lrhetberithe minimum will be reduced, or otherwise,
In the course of the next few weeks.
The feeble condition of the Paris Bourse, and
111 e announcement yesterday of the stoppage of a
French banker, have increased the flatness of
line English Funds. Still, it cannot be said
that prices have a downward tendency. Beyond
an or 3 per cent. there has been no important
variation during the last few days, and, all things
eensideied, the market is very firm. This being
"coconut day, the dealers are occupied in making
the usual arrangements. Consols for money have
been 9511 951 , and' since again at the former
:alum For August they are 96 to 96k. The.
New Threes are 96 to 97. The Reduced 95i
t 0 96i.' Bank Stock is 2181. Exchequer Bills are
heavy, at 16s. to 19s. premium.
.The Peruvian Dollar Bonds, as they are called,
have attracted attention during the last day or two,
and an advance to 61 has occurred this morning.
This security bears 44 per cent. interest, payable in
America, and as the dividends are derived from the
Proceeds of the guano, just the same as those of the
q per cents., payable in London, and now worth
about 82 or 83. Making allowance for the ex-
change between England and America, it is con-
sidered that there ought not to be so great
a difference in the value of these two securities.
The Dollar Bonds being therefore considered cheap,
are in demand, and hence their upward move-
ments. Turkish 6 per Cents. have receded to
.ota 7, and they were marked at one period as
Its 104 The 4 per Cents. rule dull, at 1061.
ussian 5 per Cents. are 1121, Sardinian 92 to
928, and Spanish Threes 46.1. Mexican Stock is
43) Buenos Ayres 88, and Dutch 4 per Cents. 971.
The last week's Railway Receipts, ascertained up
to this dap,-are in round figures as under :
The following are the nominal prices of Foreign
Stocks:--Grenada Deferred Bonds, 7-1- 4 ;
Mexi-
can' 224 3 ; Peruvian, 81 83 ; ditto 3 per Cents.,
°7 9 ; Portuguese 4 per Cents., 49 51 ; Russian 5
Sreew,s., 112 114 ; ditto 4i per Cents., 98 100 ;
‘,,anish 3 per Cents., 46i ; ditto Deferred,
4'4 i; ditto Certificates, 61 ; ditto Passive, 6.7 7.
1856. 1855.
. £29.968 £26,060
66,148 63.6:3
20 250 16,887
17,097 15,761
30,374 27,867
21,623 20,724

(heat Western ..
Nor th-estern ........
Bouth-WWestern
Brighton .
Midland ..
Caledoouth-Eastern ... -
n:-

Great No there
Lancashire and Yorkshire
ristel and Exeter
Cheater and Holyhead
NManchester, Sheffield, and Lincoln li
orton Gen. Omnibus Company lO,
h Stafford
North L
n ondon
D—l,Trd, Worcester, and Wolverh 4,3S
eiralit and Ballymena
ertil nburg4nnci Gla,gow
GraBg" South-Western
at Wee rn of Canada 10,650
—LandTru of Canada
The Rill:way Share Market is quiet and prices
exhibit sonrcely any change. Some of the principal
'flee are,;Ge ightly depre-sed, but there is no general
la.evetaeoil, of importance. Foreign and colonial
are &Air, except East Indian, which are at a
alight aeance. Riga are marked 51 being
bigher. "
Baukiig Shsres are firm, and the Ottoman have
further improved. National discount are A better.

11,812
20,655
21,869
6,702
5,948
9,171

6,934
2,380
3,843

938
4.681
6.367
6 855
2,928

earnsis FUNDS TIM, t)A‘ • CLOr
H.
!from. MI OlXer,tal

,•... done.
Ban Stock
3,,, Per Cent. 0318018 AllnlitiOg °sl 45i
i
',vi 3 per Cert. Annni t,g .., ... %.
11, eve 2i per Cent. A muiUes 794
14(',"4 AnnO*6ies, expire i;-,1 .i-n• ' g6O 3 545
Dive 3,1 Yeats, expire sth April, 18E5 lB 31.,
India Stock .
.....
kri('l',•"°'ll-,•i:1.('!;(1
—,(,0 12r.-1,,,,. t urn
ConeO'S or Accomr 22
, 7ia Aug 961 6
Bxeh,qter Ilille, 20
O)
..........
£ AO
R 4e31 pl 6 20 p
~..
... l7 p
...
Ditto Bonds', 1858, :3 per Cent: lOOl
PRICES OF FOREIGN .FUNDS AT ONE 0'.,11,0 K.
Brazilian Bonds, 5 per. Cent.
Ditto Small lO2l
~, Ditto Now, 1852, 43 Per Cent. .
isttenos Ayres Bonds;' 6 per Cent. B3
kerioan 3 per Gent —
,Ditto Account
rortugtese Bonds, 5 per Cent., Con. 1841
49
Ditto 4 p3r Cent
~
Rttitiatuo 11°n4s; 1322' .1
St 5 per Cent."'
—ll2i
AccOunt .. .
92
Sudittian Bonds,. 5 per. Cont.
T 4
liPi.nlsb Committee Cert. of Coup. nit fun. 6.f
rirkitol,
Alio6enodoixnt6 per cent
Ditto
Guaranteed, 4 per Cznt.
Ditto Aeq —ount
onMk
Dividen is the above ,ayable in London.
Ditto
brach Eichange, 21. per Cent., 12 Guilders
4 nor Cent. Certhicaes .
?eruria' n Dollar Bonds, 41 per Cent.
TWO O'CLOCK.
95/ i
96 V6i
44j p

Consols (Honey)
Ditto Account
Ditto Scrip..

LONDON AND SOUTEI-EASTERg RAlLWAY.—Traffic re-
tUrn for the week ending July 5, 18'56 £21,623 13 5
Oarresponding week last year..
Increase in. 1856 ......... an 18 5