The Sun.
London, England, 1856-01-14 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLoch

The Liverpool Cotton Market on Saturday closed
with a dull appearance, and, compared with Fri-
day's prices, all kinds were the same, while the pres-
sure to sell was not quite so great. The sales were
from 5,000 to 6,000 bales, comprising 4,000 Ame
man (1,000 on speculation), 210 Pernam and
Maranham, at 6d. to 60.; 90 Bahia, 5/d. to 6id.;
200 Egyptian, sid. to 7d.; and 400 Surats, 31d.
to 40. per lb. In the Railway Share Market
the demand for shares was very limited, and prices
were a shade lower than on Friday.

Notwithstanding the extreme tightness of the
Money Market, both at Bombay and Calcutta, the
&deicers received by the Overland Mail report the
business done in imported goods had been to a fair
extent, although easier prices were submitted to.
At Bombay so great had been the demand for
money that the banks were compiled to advance
the rate of discount 1 per cent. In Calcutta there
was some apprehension that the drain of silver would
seriously increase, as the purchases of rice would ab-
sorb a very important amount of capital. Already the
shipments to Akyab were considerable, and it was
not likely that they would for the present experi-
ence any material check. As regards the produce
market, extreme dulness prevailed, owing, how-
ever, chiefly to the exhausted supplies. Raw silk
Was firm, and lac dyes were in moderate request.
The intelligence from Ceylon mentions that the
weather had been rather unfavourable, but a large
quantity of coffee had been prepared and sent for-
ward. The total amount of this Wide exported to
date was about 60,000 cwts.
The question of the Sound Dues continues still
irl an unsettled state, and the conference which
'Nat to have taken place on the 2d of this month
has been adjourned sine die. In elucidation of the
Matter the Danish Government have published the
Particulars of the number of vessels which have
Passed the Sound during the first eleven months of
1855, from which it appears that 7,684 vessels
Passed from the North Sea into the Baltic, and
7,509 in the contrary direction, showing a total of
15,193. Compared with previous years, for the
corresponding number of months, it is as follows :-
1854, 19,906 ; 1853, 21,512 ; 1852, 17,545 ; 1851,
19,906.
The downward tendency of the Stock and
Share Markets on the Paris Bourse during the last
week continued up to the close on Saturday, when
the 3 per Cent. B,entes for the account fell 11 per
sent., and Y per cent. for money dealings. In
shares Credit Mobilier added 10f. to the fall of the
week—which makes 97f. 50c. Bank Stock has de-
clined 40f., and Credit Foncier Bf. 75c. Railway
Shares have suffered in proportion, and Mediter-
raneans are 46f. 25c. less than the previous week.
Accounts from Australia have come to hand by
Way of Madras, per Overland Mail from India,
Which state that the Ben Nevis mail-packet which
left Liverpool on the 20th June, with the London
!nail, had arrived at Melbourne about the 11th
October, having made the passage in 113 days.
The accounts are from Adelaide, where the mail
arrived on the evening of the 14th October. Lat-
terly, these mall-packets have been making any-
thing but quick passages, and it would be very
desirable if the Government could in any way
meet the views of the colonists, and the mercan-
tile community, by re-establishing steam communi-
cation at an early date.

There has been a fluctuating market for English
Securities to-day, and the operations have been of
importance owing to the particulars given to the
Czar's reply to the Austrian ultimatum. Consols
opened at a decided decline, viz., at about 85k
for money,
and 851 to 86 for account. Some influ-
ential buyers, however, then appeared upon the
market, and several speculators realised their
profit ; consequently an improvement occurred, and
the present prices are 861 for transfer, and 863/4 a
for the 7th proximo. Exchequer Bills are 7s. to
35. discount. The New 3 per Cents. have ruled
quiet at 862 and the Reduced at 86 to 86k.
India Stock is 218 to 220.
In the Foreign Market there has been a great
deal of weakness in the quotations of some of the
leading investments. Turkish Six per Cents. have
been 801 to 801, but the New Scrip is exceedingly
gat, at 41 to 4i discount. The charge for carrying
Over this stock is heavy. Dutch Two-and a-Half
per Cents. are 63, Peruvian Four-and-a-Half per
Cents. 74, and Russian Four-and-a-Half per Cents.
86. Spanish Three per Cents. are dull at 38f, and
the Passive at 6i.
The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds, 6 2 7 ; Mexican,
18i 2 ; Peruvian, 73 5 ; ditto 3 per Cents., 51 3;
Portuguese 4 per Cents., 45 7 ; Russian 5 per
Cents., 95 7 ; ditto 4i per Cents., 85 87 ;
Spanish 3 per Cents., 383/4 39 ; ditto Deferred, 21k
; ditto Certificates, 4a ; ditto Passive, 61 7.

To-morrow being " Joie: day" in the Railway
Share Market, the usual arrangements are being
ttrade for the adjustment of the sp-eulative ac-
count, and the rate for " continuation" is scarcely
130 heavy as upon the last occasion. The Great
Western, and one or two others, are at rather fuller
Prices. The foreign lines rule quiet, and the Colo-
tial are steady.

In Mining, Banking, and Miscellaneous Securi-
ties, a fair business has been done at previous
'values.

Barium FUNDS THIS DAY AT ON.h. 0 CLOCK.
(From the 06(11 List. I
3 per Cent. Red iced Annuities B6
• Per Cent Consols Annuities
liew 3 per rent. Annuities
Long Annuities, expire sth Jan. 15t30...
Ditto 30 Years, expire 10th Oct., 1859... 34
Ditto 31 Years, expire sth Jan., 1860... 3 3-16
'adjs. Stock
Consols for Account
Exchequer Bills, 2icl.
£l000
£5OO
Small
PRICE OF FOREIGN FUNDS AT ONE O'CLOl'lc
Peruvian Bonds, 44 per Cent.
Russian Bonds, 5 per Cent., 1822, £ St —
Ditto 4i per Cent
6Vsnisti Bonds, 3 per Cent 384
Ditto Passive
Ttirkith Ronds, ti per cent
Ditto for the Account
Ditto New Scrip, 4 per Cent,
Ditto Account 4l
nil-Wends on the above parole in tondo*,
Dutch Rxchange, 2i per Cent., 12 Gnil... 63
QUARTER PAST TWO.
86i

tin.ine, done.

BOi

Consols

TITHE COMMUTATION.

TO TIE EDITOR OF TIE SUN.
SIR,—Aa your readers may feel anxious to know
result of the corn averages for the seven years to Chriiit.
ram last, published by. authority in the London Gazette
of yesterday—viz ,

e. d.
Wheat 6 6 per imperial bushel,
Barley 3, 81
Oats._ .
I beg to state for their inf qmation that each 1001. of
tithe rent charge will for the year 1856 amount to 931.
184. 11d., which is a little more than 4 per cent. above
the last year's value.
The following statement from my "Annual Tithe
Commutation Tables " will show the wortk of 1001. of
tithe rent charge for each year since the passing of the
Tithe Commutation Act, viz :
For the year 1837
1838
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855
1856

20) £1,972 12 71

General average for 20 years...... £9B 12 71
I remain, Sir, your most obedient servant,
CHARLES M. WILLICH,
Actuary, University Life Assurance Society.
2*; Suffolk-street, Pall-mall East, Jae. 12, 1856.

5
5
10