The Sun.
London, England, 1856-01-30 00:00:00

COMMERCIAL INTELLIGENCE.

CITY. Two o'CLocK,

The Liverpool Cotton Market yesterday con-
tinued very steady, and full rates were obtained.
The sales were 10,000 bales, 4,000 for export and
011 Rpeoulation. The market closed steadily. The
Railway Share Market was steadily maintained,
and in many cases an advance was obtained
Accounts from Peru, by the West India mail-
Packet Atrato, furnish some interesting particulars
regarding the guano trade from the Chincha
Islands. It appears that the net produce of a ton
of guano to Peru when sold iu England is $23 5c.,
and when sold in the United States $2l sc. The
loss by transshipment, waste, and accidents by sea
is calculated at 12 per cent. Recent estimates of
the quantities on the group of islands are as fol-
lows:--On the north island, as computed by M.
Paraquet, a French engineer, 4,189,477 tons; on
the middle island, as calculated by Senor Castanon
Cana and others, 2,505,948 tons ; and on the south
island, as estimated by the same authorities,
6,684,679 tons—making a total of 12,380,102
tons. From official returns it appears that
the quantity of guano exported from No-
velnber, 1853, to October, 1855, was 780,000
t°llB, or about 800,000 tons in two years,
Which is valued at 20 million dols. At the present
time the National Debt of Peru is 46,698,889 &is.,
bearing interest amounting annually to 2,101,750
dela. Should the proceeds, therefore, of guano he
judiciously applied, there is sufficient to pay off
the debt in a few years.

• According to the customs returns at Panama,
the trade between that port and California is

steadily increasing. During the last year there
Were 32 vessels of the United States mercantile
marine entered the port from thence of 49,300 tons
aggregate measure, and laden with cargoes includ-
ing gold and specie of the value of 30,691,816 dols.
The rates at which bills were negotiated yester-
day afternoon in the principal cities of the C,,nti-
sent showed rather a d.cided tendency to decline.
A decline of about / per cent. has taken place in
the English Stoek market, in consequence of a few
aPeeulative sales. The unsatisfactory tone of the
American advices upon the Enlistment question,
has given rise to some apprehension lest the ami-
cable relations between this country and the United
States should be still further disturbed. Whe-
ther there is really any ground for un-
easiness or not, the unfavourable view taken
by
some of the morning journals upon
the subject has chiefly produced the reaction in
the Funds above mentioned, and the market is de-
cidedly weak. The tightness of the Money Mar-
ket, however, is not without its effect, and the state
The
the account likewise occasions some flatness.
-the " coutango " is still very high, viz., about it
Per cent. Consols, for money, opened at 90/ to 91,
and for account 911 to I, but they have since still
further declined to 902 to ri for the former,
and to 90i and 91 for the latter. Exchequer
dills are 1 s. lower, having been done at 7s. discount.
The New 3 per Cents. have been heavy at 9la
to 91i, and 921 ; the Reduced at 911 f. Btnk
Stock has been done at 212, an advance of / to 1
l Cent. India Bonds are 7s. discount.

The Foreign Market has been extremely firm,
4M fuller prices are current. Turkish 6 per
Cents. have been 911 to 92/ for money, and 93
for account, but the quotations are now about 921
and 92i II respectively. The 4 per Cents. are
102 a 1„ a decline of 1 per cent. Mexican Bonds
are heavy, at 201 and Sardinian at 88:i. Spanish
3 per Cents. have been 414 to 42. Dutch 21 per
Cents. 64k, and Peruvian Dollar Bonds 631.
The following are the nominal prices of Foreign
stocks:—Grenada Deferred Bonds, 61 7i; Mexican,
20 ; Peruvian, 80 81 ; ditto 3 per Cents., 56 57 ;
Portuguese 4 per Cents., 47 49 ; Russian 5 per
Cents., 103 106 ; ditto 44 per Cents., 92 94 ; Spanish
3 per Cents., 41f ; ditto Deferred, 22 ; ditto
Certificates, 64 ; ditto Passive, 4! si.
The Railway Market is affected by the arrange-
ments making for the adjustment of the speculative
account, this being "ticket day." The charges
blade for " continuation" are very onerous, having,
in Setae instances, been at the rate of 10 to 18 per
cent. Some of the lines, inclining Midland,
south-Western, North-Western, Edinburgh, Perth
and Dundee, and Great Western, are at higher
prices. The Foreign and tiolmial are dull and
rather fiat.

Mining shares have generally remained at pre-
♦ious values, and in the Banking securities a very
small amount of business has taken place. South
Australian Land Shares and Canada Government's
Debentures have slightly advanced.

BRITISH FUNDS THIS DAY.-CLOSING PRICES.

rolos tht ff&C,ik

u•.‘,.-, done.
tank Stock
3
. Pin e...eut,. Reduced annuitisk
trwr Cent , 'oilsols knimitiet, 91 904 14 904 I!, 901 i i 1
',.?"' 3 per Cent. Ann,litiet, ..... . , ... 914 24 li
'4o'S Annuities, expire sth Jan. 1800:.. :q
Ditto 311 Years, expire sth April, 1885... 16 11.16 f
India Stock 224
Inuit, iseuds. 1.1000 . •
~. Ditto, ander £llOOO
%ion/iota for Account
&chequer Bills, 24d
.1:1000
X 590
small ............ . . ----
Ditto Bonds, 1858, 34 per Cent 94
Ditto, 1359 ...
-., PRICES OF FOREIGN FUNDS THIS DAY.
.razilian Bonds. 5 per Cent.
Ditto 5 per Cent. (Rothschild's) •
Ditto New, 1852, 41 per Cent.
Grenada,... New Active, 14 per Cent.
'''': .....
' . 2Ol
IQ exican 3 per Cent. ...
Ditto Account
2
Ilussiasi Bonds, 5 per Cent., 1822, 2 5t.... 106
Ditto 4 per Cent 924
asrdinian Bons, 5 por Cont. .
. Ditto Account
slhnisn Bouds, 3 per Cent
,r Ditto New Deferred, 3 per Cent.
nrittnh Bonds, 6 per cent 924 14 24 i
Ditto Account 931 i % $ 2 3/ 24
Ditto New Scrip, 4 per Cent.

`Thrldends on the above novolblo it
Hutch Exchange, 2} per Cent., 12 Guil 644
Peruvian Dollar Bends, 40 per Cent.
THREE O'CLOCK.
GmeolP, money
Ditto for Account Feb. 7