The Sun.
London, England, 1856-01-23 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLoox.
The Liverpool Cotton Market yesterday closed
with a hardening tendency. Compared with the
rates of Friday all kinds were quite as high, while
Surats were 1-16 d. per lb. dearer. The sales were
estimated at 12,000 bales, 7,000 of which were
American (1,000 for export, and 1,000 on specula-
tion) ; 400 Egyptian, at sid. to 74d. ; and 4,000
Surat, at 30. to 4241. per lb. The Railway Share
Market continued very active ; a large business
Was transacted, and the closing operations were at
the highest point of the market.
The French Government have published a de-
cree, changing the mode of levying duties upon
the article of wool. Formerly the tariff admitted
foreign wools at an ad valorem duty, for the pur-
pose of sanctioning the right of pre-emption, so
that the customs authorities could retain the wools
imported at the price fixed by the importer, with
an addition of 10 per cent. in case that the declared
value should be designedly fixed at a lower rate,
in order to pay a smaller duty than was just. This
ad valorem duty is now replaced by a rate which
levies so much per pound on all wools, distinguish.
ing two qualities subject to different charges. This
decree will do away with the right of pre-emption,
which has been always a source of difficulty between
the customs and the importer.
The Dutch Government have published their
customs' receipts for the past year, showing that
there is a steady increase in the principal items,
and that the commf:rce of the Low Countries is in
a satisfactory condition. The total receipts in 1855
Was 59,233,073 florins, against 58,223,184 fls. in
1854. Ia the items coming under the head of direct
imports, the increase is about 200,000 fls., by sea
and land, although in the former there is a small
decrease. The produce of the Excise duties amounts
to 1,300,000 fls , being 300,000 fls. greater than the
amount received in 1854. From the Postal ser-
vice there has also been an increase of some thou-
sands of florins compared with the returns of
1854.

Accounts from Marseilles state that upwards
of 30 vessels have arrived there laden with grain
front the Black Sea and Spain, which has caused a
further decline in prices. The fall in wheat last
week at this market was 2f. per hectolitre, and
now it is stated to be 3f. compared with the previ-
ous quotations to the receipt of the pacific news. to
liany Greek speculators in grain who have pro- 38tt•
fited by the war, and whose vessels are mostly em- 50.
ployed in the trade to Marseilles, will be heavy 25
losers by the change which has taken place in the 1.1
State of affairs at that market. Sales in rye, &i
barley, oats, kc., are difficult, and purchasers are "
looking forward to a further fall. st.

Pamphlet relating to the Limited Liability
Act of last session has just been published. The
author, Mr. Edward Moss, strongly advocates the
extension of the principle, and its application to
companies formed for the purpose of working in-
ventions, &c.

Increased buoyancy has prevailed in the market
for Public Securities, and the business transacted
Was large. The advance, which amounts to fully
i per cent., is attributable to the statement that
the Emperor of Russia has given orders for the
cessation of hostilities in the Crimea during the ne-
gotiations for peace. Consols for Money opened at
901. to 90g, at which they have ruled firm. For
the 7th prox. the quotations have risen from 90f to
9Q i• The Now Three per Cents. have been 90-/
to
91-1, and the Reduced 90g a. Bank Stock is
t Per cent. higher, viz., 209. Exchequer Bills have
remained at 4s. dis. to par.
The Foreign Stocks are likewise buoyant.
Turkish 6 per Cents. have risen 1 per cent.,
IlaulelY, to 891 to 90. The New Scrip has also im-
rfed, having been dealt in at to 01 discount.
utch 2 per Cents, are 64k, and the 4 per Cents.
961. Peruvian Dollar Bonds are, marked 581.
Russian 4i per Cents. are per Cent. higher,
Ilaraely, to 91i and 911. Sardinian 5 per Cents.
are firm at 87. Mexican Stock is at 204, Equador
61, Grenada Deferred 7, and Brazilian 43: per
Cents. 02i.
The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds, 61 ; Mexican,
20 ; Peruvian, 76 78 ; ditto 3 per Cents., 53
; Portuguese 4 per Cents., 46 48 ; Russian 5 per
Cents., 100 102 ; ditto 4A per Cents., 89 91; Spanish
3 Per Cents., 40 ; ditto Deferred, 22i 23 ; ditto
Certificates, 41 ; ditto Passive, 61 61.
A decided improvement has taken place in most
(4 the leading Railway Securities, and the market
14 active. Great Northern have risen fully 21.,
A Stock 10s. to 11., and the others in the same
Proportion. French and Belgian lines rule firmer,
and the Colonial are quiet at a slight enhancement.
Cobra Copper are 11. lower, but Santiago de
Cuba
are steady, London Chartered Bank of
kustralia are 10s. better. Peninsular and Oriental
are fiat.

IIItITISFI FUNDS THIS DAY.-CLOSING PRICES.

( Prom the Official List. ►

Bn.inws. done.
tank Stock
3 Per gent. Reduced Annuities,.... 9O,E a a i
a Der Cent Consols Annuities W
lie- , • iliai
4
few .3 per Cent. Annuities
2i per Cont. Annuities 74
Legg
Annuities, expire sth Jan. 1860... -16 i
Ditto 30 Yoars, expire sth April, 1885: 163 7-16
'onsets for Ac count 9Ol iiiii
k 1
Exchequer I Os, 24d.
000
....
I'soo
%nail
Ditto Bonds, 1858, 34 per Cent.. 97i 4
PRICES .OF FOREIGN FUNDS THIS DAY.
'raailian Bonds. 5 per Ce
Ditto Account lOO
Ditto New, 1352, 4; per Cent. . 92;
t, bitto 5 per Cont., 1813 S1
r Bonds
Grenada New Active, 1; per Cent. -
Ditto Deferredt
Greek Bonds
li,,
Ileau 3 per C ant.
, Ditto Account
4rtuguese Bonds, 5 per Cent., Con. 1841
...,
Dilll)ttttoo
s4inpaeC:ent --
484
Itussiau Bonds, 5 per Cent., 1822, £ St —
~ p
Ditto q er Cent
: rdinian Bonrls. 5 per Cent.
"Danish Bonds, 3 per Cent —
Ditto Account 404 1
Ilitto Now Deferred, 3 per Cent.
Ditto Account —
22i a
IP'4l;eti Committee Cert. of Coup. int fun. 5 p c
ttrkith Bonds, 6 per cent
Ditto for the Account 894 4 94 4 i 904 894
Ditto New Scrip, 4 per Cont.
Ditto fLccount iißlia

G}

Itividends on the above payable In London
tf,
--11 tecchange, 2A per Cent.., 12 Guil 61. 51 5
bitto 4 ner Cont. Certificates
"ruvlan Dollar Bonds, 4. per Cent.
THREE O'CLOCK.
CJneols (money)
Ditto for Account Feb. 7

20
5
20
18

to
ao
to
20