The Sun.
London, England, 1856-01-07 00:00:00

MONEY MARKET

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
The Liverpool Cotton Market on Saturday closed
very quiet at the prices of Friday. The sales were
7,000 bales, all to the trade, comprising in addition
to Americans, 80 Pernam and Maranham, 6d. to
6id. ; 250 Bahia, 50. to 61d. ; 400 Egyptian, 6d.
to 83/4d. ; 1,000 Surat, 31d. to 41d., and 100 Sea
Islands, Sid. to ls. per lb. The Railway Share
Market was very quiet, and prices were a shade
better than on Friday.
The imports of silk during the past year, accord-
ing to the circular of Mr. H. W. Eaton, showed a
decrease of about 942,012 lbs. as compared with
those of the previous twelve months, the figures
being 1854, 8,331,481, and 1855, 7,389,469 lbs.
On the 31st ult. the stock was 2,834,092 against
3,479,663 lbs. at the same date in 1854. The con-
sumption, however, last year, viz., 8,033,040 lbs.
was larger than in 1854. During the past month
a fair average business has been transacted, and
the recent advices from China have stimulated the
demand for export.
A Pamphlet by Mr. W. H. Smith, entitled How
to detect forged Bank Notes, has just been pub-
lished, and the information it affords is of an in-
teresting and useful character. The peculiarities
of the note are carefully pointed out, and several
illustrations are given which would enable most
parties, after paying a little attention to the sub-
ject, at once to detect a counterfeit.
Accounts from Finland, rid Stockholm, give a
deplorable state of affairs in that country from the
high prices of provisions and foreign necessaries of
life, in consequence of the blockade. In many
places the price of bread has risen 50 per cent.,
and other kinds of food 100 per cent. Wood for
fuel has risen to 12 silver roubles per load, a price
hitherto unknown in Finland.
According to the Goverreaent Returns, exhibit-
ing the importation of Wines and Spirits into
Prange since the decree promulgated which pre-
vents the distillation from grain, it appears that
there is a great increase in the quantity of grain
spirit imported into France. Up to the 30th Nov.
the quantities were as follows :—Common Wines,
482,570 hectolitres ; Liqueurs, 18,505 hectolitres ;
and Spirits, 242,394 hectolitres.
Accounts from Lisbon state that the financial con-
dition of Portugal was improving considerably, and
the quotation of the public funds ou the Bourse
Were at no period of the past year higher than they
Were at the close. The policy of the young King
sad his advisers tends to open up new resources
in the country, and to improve those which
have for some years bank been declining. In this
respect there is great importance placed on the
value of railway communication, especially as tend-
ing to an international trade with Spain. It is
stated that an English company have engaged to
construct in a very short time a railway from Lis-
bon to the Spanish frontier, which will unite with
the great trunk line now in the course of construc-
tion to Madrid.
English Securities are again without the least
animation, and the quotations are, consequently,
drooping. The heaviness is almost wholly occa-
sioned by the paucity of business, and the specu-
lators appear disinclined to operate to any extent
of importance. Consols are quoted for money at
861 to 87, which is also the price for the 10th inst.
The New Three per Cents. are 87i to 87,5,-, and
the Reduced 86i to 87. Exchequer Bills are 9s.
t° 48- discount, and also India Bonds.
The Foreign Stock Market is likewise rather
depressed. Turkish 6 per Cents. are about t per
Cent, lower, being 801 to 80k. Venezuela Bonds
are marked 25i, and the Deferred 111. Spanish
Deferred have receded to 21, Portuguese 4 per
Cents. to 453/4, and Mexican Bonds to 19g. Bra-
zilian 5 per Cents. are 98i, Equador 4Z, Grenada
Active 19, and ditto Deferred 63/4.
The Committee of Mexican Bondholders have
advices from Mr. Whitehead, dated Mexico the 3d
tilt. The political state of the country still leaves a
good deal to be desired. The rumour that Meta-
Mores had been taken by Carbajal is probably un-
founded ; but Tampico, where General Traoones
connaands, was besieged by Geu. Garza, although
both profess obedience to the central Government.
ror want of hard dollars the agents of the Bond-
holders there were consequently unable to remit
about 9,000 dole., which they had on hand. The
Tyne, however, brings 60,000 doll. from Vera Cruz
for the dividends, and the Committee have advices
of the shipment of 971 dale. from Guaymas, and
of 8,602 dole, from Mazatlan, by H.M.S. Brisk.
The Commission of Agency connected with the
Debt of Ecuador, received on Saturday a further re-
buttal:ice, on account of the dividend fund, in bills,
for 4,350/., making the total amount received to
this date 8,3171. 14s.
The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds, 63/4 7; Mexican,
191 ; Peruvian, 74 6 ; ditto 3 per Cents., 52 4;
Portuguese 4 per Cents., 45 47 ; Russian 5 per
Cents., 95 7 ; ditto 43/4 por Cents., 86 88 ;
Spanish 3 per Cents., 38} j; ditto Deferred, 213/4 ti;
ditto Certificates, 41 ; ditto Passive, 7
Railway shares have generally given way to a
slight extent but the transactions entered into
have been limited. The decline, however, does
not generally exceed 3/4 to k per Cent. Great
Western of Canada are per Cent. lower.
Mining, Banking, and Miscellaneous Shares
continue at about previous prices.