The Sun.
London, England, 1856-05-01 00:00:00

MONEY itIARKET

,COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK. Shr.
The Liverpool Cotton Market yesterday closed
somewhat heavily, and, compared with Friday's I,
rates, prices of American were little changed. The
sales to-day were estimated at 8,000 bales (1,000
export American) ; and comprise 80 Pernam and
Maranham, 6.4 d. to 7d. ; 120 Egyptian, 7d., to 10d.;
2,000 Surat, 4d. to sd. (1,000 speculation) per lb.
The Liverpool Share Market has been steady, and
there appeared to be a demand at former rates.
The progress of trade in Manchester during the
past month is thus reviewed by Messrs. M'Nair,
Greehow, and Irving :—Although no excitement
was occasioned by the fact of peace having been
concluded, and now officially and authentically
confirmed, as intimated in our last monthly cir-
cular, the result was to produce greater confidence
in mercantile and political relations. So far as
this market was concerned, the anticipations had
been indulged in confidently, and, as will have
been seen from our previous report, very
•considerable operations had been entered
into, upon the faith of such a desirable
consummation. Since the beginning of the month,
influenced, however, materially by the action of the
cotton market, which in respect to the value of
that article, has kept continually advancing, and
which, in a general way, may now be considered
about one halfpenny per pound higher than it was
at the commencement of the month, the values
of all the staple productions of this district have
kept gradually advancing in value, until
within the last fourteen days, when they had
advanced to a such rate as to prevent operations
being entered into, unless for immediate, or imme-
diately prospective wants. Since then the action
of the market has become gradually more circum-
scribed, with a more determined indisposition on
the part of the operators to secure nothing beyond
what was indispensably necessary, and at this mo-
ment it wears a very quiet and inactive ap-
pearance. Production continues to be in-
creased ; and, although to some class of producers,
such as manufacturers, who are not spinners,
"the prosecution of their business is the reverse
of being remunerative ; the general producing in-
terest of the district is healthful, and more especi-
allY as refers to the class of what may be termed
fine spinners, who are realising large profits accord-
ing to the rates realised by them. Throughout
the month the transactions have been, to a very
large extent, aided, of course, by the previously
heavy existing contracts."
The advices from Jamaica by the West India
steamer state that trade was inactive, the demand
for merchandise both for immediate consumption
and on speculation being very limited.
Accounts from the South American Republic
mention that Peru was still in an unsettled state, but
the Echinique party was nearly exhausted. The
Senate was occupied in the formation of a new
Constitution, but very little progress had yet been
made. Business remained dull, and in the port of
Callao there was a smaller amount of shipping than
has been known for some time previously. A
treaty of commerce between Chili and the Argen-
tine Republic was being arranged. The project of
. a railway from Cordova to Rosario was expected
soon to be carried into effect.
The railway traffic returns for the past week, as
cenapared with those of the same period of last
Year, show the following results :-
1896.
beeside
Itendal and Windermere
London and Brighton
Manchester and South Junction
North London
North Stafford
South-Eastern 36,856
South Devon
West Cornwall
West Hartlepool
Belfast and Ballymena
-Ulster
Caledonian
Edinburgh and Glasgow ...... 5,294
Glasgow and South-Western
.Northern of France
Great Western of Canada 15,563
Grand Trunk of Canada
Great Luxembourg
Dutch-Rhenish
North-Western
South-Western
great Northern
The Money Market continues stringent, but as
the demand for capital to arrange the speculative
accounts at the Stock Exchange has increased the
Pressure, some relief will, it is anticipated, soon
be experienced. Rather a favourable feeling has
been produced by a statement that the New Loan
will not be taken until June, and that its amount
'will be comparatively small.
...The Stock Exchange, as usual on the Ist of
434 Y, is closed, and the prices of all speculative
securities are consequently nominal. In the neigh-
bourhood of the Stock Exchange a few of the ope-
rators have congregated, by whom Consols are
quoted 92k I for transfer, and about 92h for the
Bth inst.

1855.
£2lB
176
12,524

690
2,025
6,075
16,055

630
1,623

829
1,402
10,994
5,277
5,596
36,427
10,302
3,867

1,202
56,170

5
5
20
10

20
5
tO
18

LLOYD'S SHIPPING.-(This Day.)
bre
LONDON, May I.—Wind this day at noon, N.E. ; light
ez e and hazy.
....PLYMOUTH, April 30.—Wind N.—Arrived—H.M.S.
?under, from Spithead. Off the port—Dale, from Mau-
ritius ; Helena, from India, for Hamburg.
t PORTSMOUTH, April 30.—Wind W.S. W. —Arrived.—
TiLereign of the Seas, from London for New York master
H.M.S.'s Centaur and Dragon, from Sheerness.
Sailed—H.MS.'s James Watt, Exmouth, Gorgon, Con-
flict, and Magicienne, all for Devonport ; H.M.S.'s Ajax,
~Royal George, Colossus, Horatio, and Harrier, eastward ;
Jdney (tpt.), Jersey.
GET THE WlGHT.—Emigrant, from Bremen, for New
fork ; Heinrich von Gagern, Bremen, for New Orleans ;
-Kleanor, Hamburg, for Vera Cruz.
QCORE, April 29.—Wind N.—Sailed—Margarita, for
uebec.
HenTLEPooL, April 30.—The Doctor Daniel, of Cux-
haven, came ashore yesterday, close to the pier.
COWES, April 30.—Wind W.—Arrived.—Orion, from
Sierra Leone.
CROOKHATEN, April 28.—Wind E.S.E.—Arrived—
Princess Alice, from the Chincha Wands.
STORNOWAY, April 28.—Wind N.E.—Arrived—Mars,
from Grangemouth, for Quebec, leaky.
MONTEGO, April I.—The David Lyon, of and from Lon-
don, for Antigua, arrived here on the 29th March, after
being on shore near the latter port.
ANTIGUA, April 12.—The Zephyr, hence for London,
struck upon the Diamond Rock on the 6th inst., but
came off the next day and will be examined.

(PIZ ELECTRIC" TELEGRAPH.)
SOUTHAMPTON, Thursday Morning.
Arrived—Light and Sign, from Shields ; Florida and
Anne, Cardiff; Quintis, London ; Le Coq, Cherbourg.
Sailed—La Poule, for Cherbourg.
LIVERPOOL, Thursday Morning.

Wind E.
Arrived- Grecian, screw steamer, from Alexandria ;
Santura, Bilboa ; Delta, steamer, Havre.
Sailed--Rita, for Trieste ; Sophie, Drontheim ; Ricot,
Curacoa ; Louisa, Otto, Warbelow, Copenhagen ; Hermo-
dez, Stettin ; Teneriffe, Naples ; Ranneys, Palermo •
Philomene Adine, Marseilles ; Industrie, Buenos Ayres ; Blanche Marie, Bordeaux ; Astrea, Galatz ; Langreo, Bar-
celona ; Spirit of the Deep, Calcutta; Franzeska. Galves-
ton ; William Vail and Anglesea, Quebec ; Canmore,
Richibucto ; Henry and Margaret, Rotterdam ; Albanian,
Steamer, Trieste ; Kate, Vera Cruz.
QTJEENSTOWN, April 29.

Wind N.N.E.
Arrived.—Otter, from Girgenti ; Cariacca, Philadel-
phia ; Raintra dos Accores, St. Michael's.
Wind N.B. KINGSTOWN, April 30.
Arrived—lsalia, from Barbadoes.

20
20
31,
10

(BY SUBMARniz AND BRITISH TELEGRAPI4
GRA.VESEND, day, 10.37 a
Wind N.E.; tide six hours' flood ;Thurs fresh ; cloudy..M. 25
Arrived, Apmii 30.—Mignonette, from Trinidad; Japan 10(
and Heather Bell, Mauritius ; Sumatra, Colombo ; Fran- 40
cis Ridley, Callao ; Graham, Madras ; Cordelia, Calcutta; 60
James Holmes, Barbadoes,
25 Arrived, May 1. —Laura Ann, from Charente ; Ferona, 20
Teneriffe ; Guernsey ; Lord' Provost, Requijada ;
Gordon Rebow, Requijada; Bryn-y-Manr, W. Coast Africa; 100
Charlotte Knuth Rio Grand; Catherine, Fignn a; Mary Fel- 100
ker, St. Übes ; Prow Martha, Emden; Isabella, Marseilles ; 100
Fairy, Lucy, Don Colino, Alexander, and Cossack, Guern- 20
Rey ; St. Fort, Santander • Alfred, Terceira ; Thcmas 20
Young
ant Br , Venice ; Agatha, Bremen ; Fantome, Jamaica ;
Emden.
John y, Baltimore ; Cathcart, Sierra Leone ; Kida, 20
Sailed—Sir James, Hong Kong.
DEAL, Thursday, 10.10 a.m.

50
Wind E by S., fresh.
100
Passed—Marmora, brig, from Shields, for eonstanti- 100
nople ; United, London, Newport; her Majesty's ships 100
Russell, Horatio, and Harrier, Portsmouth, Sheerness. 20
Anchored—Her Majesty's ship Majestic, from Ports- 50
mouth.
20
Ssiled—Her Majesty's ship Cressy, for Sheerness ; John 25
Courier, Mobile; John Spencer, Liverpool.

The stations to which French Consuls or Consular 2
10(
0
a E.; ent3 will !:.,e sent in the Black Sea are said to be 25
Rertch, Cherson, Bakshi-Serai or Simpheropol, Nico• 25
lait Tagautog, with, as before, a Consul General go
at Odessa. 1 --