The Sun.
London, England, 1856-02-12 00:00:00

MONEY MARKET

AND
COIYIDIERCIAL INTELLIGENCE,

CITY, Two o'CLocg.

The Liverpool Cotton Market yesterday closed
with an improving tendency. Compared with
rriday's rates prices of all kinds were extreme.
Tbe Hales were estimated at 12,000 bales. By the
Alnerica we learn that the receipts and shipments
little
cotton had been large, prices had undergone
'uttie or no change, and the peace news had not
reached further than Halifax. With a fair amount
°f, boldness, the Railway Share Market did not ex-
ii'bit much activity, and prices were barely sup-
Ported.

etunmercial advices from the chief manufacturing
districts, throughout France continue to be satis-
factory, and trade is very active amongst the whole-
liale houses. Speculation, which had for a time re-
ajued dormant, is beginning to guide the opera-
"°°e of merchants ; still there is much caution
evinced in their transactions. All kinds of colo-
nial produce is in demand, and much activity exists
4t
the ports of Havre, Nantes, Bordeaux, and Mar-
The trade with North America continues
ut,jak, and orders for mar u acturt goods are heavy.
"utherto the importation of American produce was
°I greater value than the export of French geode,
and the balance was remitted in cash. Now it is
Probable that the United States merchants will have
t° remit to France in money payments. The trade
W:ith Germany is increasing in consequence of some
°llsee buying on Russian account. In the event
tf
Peace being concluded this spring, it is expected
that 4 considerable trade will be done with Russian
preparing
The retail merchants in the towns are busy
askfor spring novelties, but they purchase
luck with caution.
Accounts from New York by the American
picket to the 29th January have come to hand.
le vessel brings no specie on freight. The money
market
in the American capital continued easy,
Itid though the demand was brisk, yet the
p1411.,1,' was beyond it, as the banks were amply
ilvded with bullion, and acted cautiously.
rumours relative to financial revulsion%
nd warlike measures were considered absurd,
there
exists a strong under current of confidence
Cates
in the public mind, between the United
),-I`es and Great Britain. The pacific news which
foltle agitated the whole of Europe during the last
ti,4night had not yet reached New York, and in
the commercial reports of the day they considered
et; the continuance of the war will result to the
tri eat of the United States, as it must keep up the
tilieie of their breadstuff's. There is every probe-
toi:): therefore of the export trade of America being
pet:lderably checked after the receipt of this ini-
fte,nut intelligence. The exports from New York
3,,Cothe Ist of January to the 25th amounted to
ih0,..-;,374 dollars against 2,000,402 dollars in 1854,
au increase of 1,459,972 dollars.
(140 meeting has been held to-day of the cre-
Ither.a of Messrs. Scott Russell, of Millwatl,
titC sus erasion was announced a short time
ehai ; Samuel Beale, Esq., presiding. The
seeurnlan said the meeting was called, in con-
ticte„en a circular issue% by the firm to con-
il. what was best to be done in the present
W Inu of their affairs. He (the chairman) believed it
ee: ease in which, by united action, steady f zbear-
spoliband consideration, a very material advantage
stke Probably be derived. Mr. Fresbfield Veen
0e,41°. a statement of the circumstances that had
eetual,°,lled the suspension, and mentioned that,
thit the beginning of the present year, the large
into
entered into presented prospects of great
teorTi but th?y, were then dissipated. There were
rei4 gag'es for a considerable amount on the pre-
field tar exceeding their value. He (Mr. Fresh-
er, under ,recommended that the estate be wound
made
inspection, and such arrangements could
duitisizetereri!th the mortgagees, the Government,
Steam Company, and private indivi-
ike awl% with whom contracts had been entered into,
the rd, at the expiration of six months, enable
declaration of a dividend of 10s. in the pound.
reeCnigh a further dividend would no doubt be
decidable it was not deemed expedient to make any
the vet' statement in reference thereto, owing to
arieus contingencies that might in the mean-
the t►hile arise. Mr. J. E. Coleman then explained
following balance-sheet :
Letererrms.
°reditors on open balances and accept-
ftlinCea £113,940 19 10
b'reditors holding security £15,000
' 'Atinnted value of sonority held 6,000

9,000 0 0

The £122,910 19 10
'Astern Steam Navigation Company
aeserve their right Donau claim which
the',
breach of contract, in case satisfactory
thet'llement cannot be carried out with

ASSETS.
£159 3 8
ay gash balance
12,800 0 0
000 k debts considered good
1, Asmets, consisting of materials, engines
Zte

„,oti c., at works
” L'°. I,dr• Russell's interest in various 23,002 8 8
Bhlps
40,000 0 0
~..
))
"L'o., contracts for vessels and machinery
,392 0 0
how constructing

4 'lOO 353 12 4
I, Debts Ander 10/. 118 0 5

$/Y eholTej£loo,233 11 11
ti
the Eastern Steam Navig,a-
paieemPany, upon which calls have been
ar. a'uutinting to 22,410/.
ttbs,.,l"4 questions were then put to the chair, the
ke'vel•s to which were deemed satisfactory, and
ge,BBrB. teal, Grissell, and Jones, selected from the
14,-herai body of creditors, consented to become
in 4-teletars. Mr. Scott Russell will actively assist
the Le various works. Resolutions embodying
the above recommendations were then signed by
r,.'rediters present, and the meeting separated.
tree-4, disposition was evinced throughout the
Ilelle;','ng3 to meet the wishes of Mr. Scott Rus-
I'llu his advisers.
kt-dgere is a buoyant market for English Stocks,
Con 411 advance of about per cent. has occurred.
Tii4es are 91?, money, and 92i for account.
itiereased firmness is probably owing to the
sbieter tone of the American advices. The New
lliiriees are 921 and the Reduced 921. Exchequer
to 226 84re 7s to 3s. diicouut. India Stock is 220
in
There has been very little business transacted
viah°Areign Stocks. Buenos Ayres are 55. Peru-
a4,l",`"l,l per Cents. 793/4. Spanish 3 per Cents. 42/ ;
he' the
Deferred 23/. Turkish 6 per Cents. have
Ntea.done at -933/4, and the 4 per Cent. Guaranteed
Stoll
at 100;
„ The •
1)to,. 4'l
-Lowing are the nominal prices of Foreign
203-4:—Grenada Deferred Bonds, 6174; Mexican,
Peruvian, 79 81 ; ditto 3 per Cents., 55 56 ;
eertuguese 4 per Cents., 47 49 ; Russian 5 per
3 ,104 6 ; ditto 4i per Cents., 92 94 ; Spanish
ev,lllBer Cents. 424 ; ditto Deferred, 23/ 24 ; ditto
e.tiaeateS, 4 5 ; ditto Passive, 64 I.
44 he Railway Share Market shows firmness in
rat'lliotations at a slight advance upon previous
ee ; but there is not much business doing, ex-
veTg in Great Western, London and North-
tra ;ern, and Midland. In Foreign railways
4-IQti are limited, but rates are fully main-
tained.
0118
Tb©l Banking Shares there is not much doing.
tio- II" Projected Banks have commanded atten-
Pand are still quoted at a premium.
a limited
;Mining and Miscellaneous Shares there is also
--"ed amount of business doing, with an Ml-
°velment in yesterday's prices.

HRlT'llii PUNDS THIS DAY •AT ONE O'CLOCK.
( f,rem t,;/. OfioW -6"'"';
3 Beeqw,, done.
l P" Cent. Red Annuitiag„,
g a or Cent • Consols Annnities i
91i $ i
llt'
I,oow 3 per Cent. Annuities
Annuitieg ex Aro sth Jan. 1560 3l
,IlarDliiattno 30 Yea-i.s,-eixpire sth April, 1885 l6l
. mock
2241 6
.cant Bonds £lOOO
Ditto, undier ...-01009
Ercheoner Bilis, 21d.
c=lOOA . ...... ... . .
Ditto Bonds, 1858, 31 per Cen
1 8
Ditto 1859 ......
PRICE OF FOREMIT—FUTN. DS AT ONE O'CLOCK
114ouos Ayres Bonds, 6 per Cent '7,5
1'
•O,,,lrlrviau Bonds, 41 per Cent.
bifteish Bonds, 3 per Cent ...
tto Account
Ditto Few Deferred, 3 per Cent.
„, Litt') Account .
inrlcie.h Rends, ii per cent
'hitt° Account
big° Cuarauteed, 4 per Cent
Ditto Account
Dividends on the above Payable in T.nroor,
7 W
91iO O'CLOCK.
•• . ;
.. .. 92 92i

rimgolß
Ditto Account

Mehemet Djernil Bey, the Turkish Ambassador
atr t Paris, arrived at Turin on the 6th. , and was
Duke t the day after at a grand fete given by the
de Gramment, Minister of France at the
%Au/a-Court.