The Sun.
London, England, 1856-09-12 00:00:00

MONEY MARKET

AND
COMMERCIAL lIITELLIGENCB.

CITY, Two o'CLou,

The Liverpool Cotton Market yesterday closed
quietly, but firmly, and prices of all descriptions
were unchanged from last week's rates. The sales
were 7,000 bales, 1,000 for export, and 1,000 on
speculation—comprising 120 Pernam and Maran-
ham, 60. to Bd. ; 260 Bahia, 6id.; 800 Egyptian,
68d. to Bid. ; 400 Surats, 40. to fild. ; and 20
Sea Islands, ls. per lb. The Railway Share
Market was more active, and prices were a shade
higher than on Wednesday. _ _

Accounts from Lyons state that the rise in the
prices of raw silks, which has had the effect of
diminishing the number of looms at work, is creating
great distress amongst the weavers and their
families thrown out of employment. the principal
manufacturers, likewise, are obliged to refuse many
orders, which the scarcity, as well as the high prices
of silk, would prevent executing at a rate which
would leave them no profit.

The adyices from New York per steamer Baltic
mention that the supply of money in that city at
the latest date was ample for all purposes, but the
demand continued active, and the local banks were
still contracting their discount operations. Specu-
lative stocks were drooping, and the Bulls were
becoming rather alarmed ; consequently, a further
retrograde movement in prices was anticipated.

Californian accounts to the 3d ult. represent
trade in San Francisco as having improved, and
the cereal crops are described as being excellent.
The gold mines were as productive as ever, and
the diggers, considering the prevalence of the dry
season, were doing well.

Intelligence from Madrid of the fith inst. con-
tains the announcement that it is very probable
the new Ministry will suppress the law of disamor-
tisation, under which a large sum has accrued to
the benefit of the National Treasury. The terms
of this law, however, continues to be executed
with vigour, and each day the director-general for
the sale of ecclesiastical lands makes his report to
Rios Rosas, and to the Minister of Finance, show-
ing that the percentage of the receipts coming to
the Government is on the increase.

The tightness of the Hamburg money market
is increasing, and the rate of discount is now from
71 to 8 per cent., with a still further tendency to
advance.

The Bank of France return for the month end-
ing yesterday is less unfavourable than was ex-
pected, notwithstanding the decline in the bullion.
The amount of bills discounted has diminished,
and the advances on public securities have not
been so heavy as in the previous month.

k The Funds continue very heavy, and a further
decline of about per cent. has taken place, owing
to a renewal of speculative sales. The condition
of the money market still excites an uneasy feeling,
and as there is an impression that the rates of dis-
count will still further tend upwards dealings
for a fall predominate. Consols for money have
been 94 to 94} and 93i to 94 ; while for account
they have been 94i and 94 1. The Unfunded
Debt is firm, viz. at 15s. to 17s. premium, and
the Bonds are 951

Foreign Securities are without much gariation,
but the quotations are generally a fraction lower
than they were yesterday. Turkish are particu-
larly heavy, the 6 per Cents. being 1021 and
the 4 per Cents. 102 k. Sardinian Fives have
been 921, Brazilian 5 per Cents. 1031, Chilian 6
Per Cents. mei, Grenada Deferred 7j, and Mexi-
can 221 f. Dutch 4 per Cents. are 981.
The following are the nominal prices of Foreign
Stocks : Grenada Deferred Bonds, 71 to 8 ;
Mexican, 221 to 22/ ; Peruvian, 80 to 82 ; ditto
3 per Cents., 58 to 59 ; Portuguese 3 per Cents.,
45i to 46i ; Russian 5 per Cents., 108 to 110 ;
ditto 41 per Cents., 97 to 99 ; Spanish 3 per
Cents., 44 ; ditto Deferred, 25 k ; ditto Cer-
tificates, 5 6 ; ditto Passive, 6i 7.
Messrs. Bell, Son, and Company report that
the market for American Securities during the
Past week has been very inactive, and the prices
quoted below are in most instances entirely nor/A-
xial.

Redeemable. Per Cent.
gaited States 6 per Cents. 1867-1868...1041 101 Si
united States 6 per Cent. Bonds 1868-104 1054

STATE SECURITIES.
Alabama 5 per Cent ... 81 83
Alabama 5 per Cent. (Sterling Bonds)
lientaeky 6 per Cent. Bonds 186 S-1872... 90
Maryland 5 per Cent. (Sterling Bonds)... ... 90 92
Massachusetts 5-per Cent. (Sterl. Bonds). ...101 103
Mississippi 6 per Cent. Pl. Bk.
Bonds lB4l-1871... 40 42
Mississippi 6 per Gent. Union Bk Bonds ... 15 16
_Pennsylvania 5 per Cent. Stock
Pennsylvania 5 per Cent. Bonds ...1877... 78 80
'Penni:we 6 per Cent. Bonds ... 86 88
Virginia 6 per Cent. Bonds 1886... 82 83

LOANS OF CITIES.
Montreal 6 per Cent. Bonds 1856-1865... 83 85
Pittsburgh 6 per Cent. Stock 1869-1883... 65 67
RAILROAD BONDS.
Illinois Central 7 per Cent. Ist Mortgage,
not Convertible 1875... 831 841
Illinois Central 6 per Cent 1875... 82 83 2
Illinois Central 7 per Cent. Freeland li
Bonds 1860... 891 901 p
Illinois Central (Shares), $25 paid
Michigan Central Sp. Cent., Convert 1860... 94 95
Do. do. do. 1869... 91 92
New York Central 7p. Cent., Convert 1864... 921 931
New York Central 6 per Cent., not •
Convertible 1883... 80 82
New York and Erie 7 per Cent. Ist Mort-
gage 1867... 98 100
New York and Erie 7 per Cent. 3(1 Mort-
gage 1883... 861 871
N. York and Erie 7p. Cent. Convertible 1862... 84 85
N. York and Erie 7 per Cent. Sinking
Fund 1875... 831 841
Panama Sterling Bonds 1864... 94 96
Pennsylvania Central 6p. Cent., Ist Mort 1880... 881 891

The Railway Share Market is weaker, an average 1-1
decline of about ss. to 10s. per share having taken 11
place. This is particularly observable in Great
Western, Lancashire and Yorkshire, South-West-
ern, and North-Eastern. Great Northern have !
dropped 21. to 21. 103. The French shares are
dull and heavy, and the Canadian were generally
lower. Rigas are 11 2 premium, being firm.
Mining, Banking, and Miscellaneous shares are
quiet at about former quotations. Ottoman Dank
shares, however, have declined to 8i to 9.

BRITISH FUNDS THIS DAY.—CLOSING PRICES,
(From the Official Lid;

Rnoinp•% ann.

3 per Cont. Console Annuities, 94 i 3 t 4 1i 3
Cousola /or Account
Exchequer Bills, 20.
£lOOO .. l7 15 p
£5OO l7 14 p
Small
Ditto Bonds, 1858, 3i per Cent.. 99i i i
Ditto, 1859

PRICES OF FOREIGN FUNDS THIS DIY.
Brazilian Bonds. 5 per Cent.
Ditto New, 1852, 4i per Cent. . .....
Chiliau Bonds, 6 per Cent 1064
Equador New Consolidated l4i
Grenada New Active, 2} per Cent.
Ditto Deferred 7i
Mexican 3 per Cent
Ditto Account
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent 451 x def.
lia,rtiinian Bon4e, 5 per Cent.
Spanish Bowls, 3 per Cent —
Ditto Now Deferred, 3 per Ceut.
Ditto Account
Turk ibh Honda, 6 par cent
Ditto Account 1024_ i i

THU° Guaranteed, 4 per Cent. ... 1 3
Ditto Account
Dtviden'l• on the sax ye nayable in London.
Belgian, 2. per Cent., ox. 25 francs —
Ditto 4g per Cent.. ex. 25 francs
Dutch Exchange, q, per Cent., 12 Guilders
Ditto 4 per Cent. Certificates
THREE O'CLOCK.

Consols, money., 33i
Ditto for Account, Oct. 8 o4i

Earl Fitzbardinge has left Berkeley-house for his
marine residence at Cowes, Isle of Wight. The noble ".
earl has quite recovered from his recent long illness.
Lord Panmure is expected at Invermark in eight or (4
ten days, after which it is understood his lordship pro-
needs to Balmoral to he in attendance upon her Majesty.
Lord Stanley of Alderley has been stalking in Lord 11 '
Panmure's forest of Glenmark.
11
The Earl and Countess Grey, who are making a tour
in the north of Scotland, have arrived on a visit to Mr.
E. Ellice, M.P., and Mrs. Ellice, at Glenquoich.
The Earl and Counte s Delawarr have left Buckhurst
Park for the Lord Warden Hotel, Dover.

Her Majesty's steamer the Puke of Wellington has
been lying at Weymouth. She has now left there, and
it is understood is on her way to Lisbon.
The Metropolitan Medical Schools will open for the
winter session on Wednesday, the let of October.
Despatches were received at the Colonial-office yes-
terday from the Governor of Victoria.
A railway contractor has offered to purchase the land
and make a railway between Ringwood and Christ- Z,
church, iu liaropshixes for 100,0001

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