The Sun.
London, England, 1856-10-02 00:00:00

MONEY MARKET

COMMERCIAL INTELLIGENC.R...%

CITY, Two o'CLocx.
The Liverpool Cotton Market yesterday closed
tamely and firmly, at the extreme rates of Friday
last. The sales were 8,000 bales, comprising 6,500
American (1,000 on speculation), 300 Pernam and
Marauham, at bid. to 7d. ; 100 Bahia, at 612 d.;
800 Egyptian, at 6kd. to 9id. ; 800 Surat, at 4d.
to sid ; and 60 Sea Islands, at is. to Is. 3d. per
b. The Railway Share Market opened quietly,
but subsequently improved, and closed steadily at
about Tuesday's rates.
Accounts from France state that the season of
1855-1856 for manufacturing indigenous or beet-
root sugar has terminated ; a..nd the result is shown
in the tables published by Ihe director-general of
the department for collecting indirect taxes as fol-
lows :--From the Ist September, 1855, to the close
of August, 1856, the quantity manufactured
amounted to 92,000,000 kilogrammes. This ex-
ceeds the production of the preceding year by more
than 47,000,000 kilos. If the quantity held
at the commencement of the season be added,
the total, in round numbers, would be
94,000,000 kilos. Of this quantity, 16,850,000
kilos. were sold at the manufactories, and
62,830,000 kilos. at the entrepots. Last year
the deliveries were respectively 15,950,000 and
42,680,000 ditto. At the close of the month of
August there remained on hand at the manufacto-
ries, in sugar and material in progress of manufac-
ture, representing 4,100,000 kilos., while at the

corresponding date in 1855 this was only 2,720,000.
The total remaining in the erltrepots amounts to
7,470,000 kilos. this year, and 7,095,000 kilos. last
year.

A. telegraph message from Marseilles, of the 30th
September, announces a further rise in wheat of
if. 50c. to if. 55c. per 160 litres, notwithstanding
the enormous arrivals of grain at that port. This
rise has been caused by the difficulty of replenish-
ing the stocks on hand, and the continued false
reports from the sea of Azoff.

The applicants for discount accommodation at the
Bank of England were taken greatly by surprise,
when it was rumoured that the directors, without
waiting for their usual Thursday meeting, when
such measures, with one or two exceptions, have
hithorto been adopted, had raised the minimum
to 5 per cent. As the quotation out of doors was
fully up to that point, of course there was a tre-
mendous pressure at the national establishment, at
the official rate of 44 per cent. Consequently, an
immense sum was drawn from the bank, and, in
self defence, the directors were obliged to adopt
the exceptional measure referred to. So unex-
pected, b .owever, was the resolution, that until a
late hour many persons were quite ignorant of it,
as, of col arse, no one would think of making any
inquiry o n tho subject on a Wednesday. It is evi-
dent an. advance ought to have been made last
Thursday, when every one expected it. The di-
rectorshlive certainly been too cautious, otherwise
they would not have adopted such an extra-
ordinary,' proceeding. There was an expectation,
in some quarters, that a further advance would
be made to-day, but the directors have separated
without making any fresh alteration.
As the demand for money still continues very
brisk, partially owing to the preparations for the
" 4tla. " of the month, when a heavy amount of bills
become due, there is a confident expectation that
a further advance will take place next week in the
official quotation at the Bank of England. The
accounts from the Paris Bourse continue unfavour-
able, and increased stringency in the Money Mar-
ket is anticipated. The allowance for money "on
.call" is increased to 44 per cent.
In consequence of- the fall yesterday in the
Re. nt es at Paris, and the active inquiry for money,
the Funds opened heavily, Consols being about
92k ; but they soon tended upwards, and when
it bemzne known that no further change ha,l taken
place ill the rate of discount the quotations zedvanced
to 92i X, both for money and the Bth in'st. They
have since, however, been 92i I, and now rule at
92, 93k. The rate of " continuation" to Novem-
ber is at Naut per cent. Exchequer Bills are de-
pressed at about 7s. to 10s. premium ; and East
India Bo nds are 10s. to 14s. premium.
In Foreign Securities a moderate business bas
been do ne, but the quotations are very variable.

Turkish 6 per Cents. have ranged from 98i. to 99a
for account, and the 4 per Cents. are 1001 -. Por-
tuguese 4 per Cents. have been 441 ; Mexican,
221. ; Brazilian New 4i per Cents., 97i ; and
Dutch 4 per Cents., 95i. There has been a bar-
gain in Belgian 4 per Cents. at 97.

The following are the nominal prices of Foreign
Stocks : Grenada Deferre6. Bonds, 61 to 7 ;
Mexican, 22 to 221 ; Peruvian, 7G to 78 ; ditto
3 per Cents., 55 to 57 ; Por4zuguese 3 per Cents.,
43 to 45 ; Russian 5 per Cent:3., 106 to 108 ; ditto 4i
per Cents., 95 to 97 ; Spanish 3 per Cents., 421
422 ; ditto Deferred, 24 244 ; ditto Certificates,
54 ; ditto Passive, 64 /.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :

1856.
.......... X 30,358
65,497
16,858
19,215
33,161
25,724
13,590
25,960
24,192
7,448
6,763
10,012
7,199

Grea t Western
North-Western
South-Western
Brighton
Midland
South- Eastern ............
Caledovian
Great Northern
Lancashire and Yorkshire
Bristol and Exeter
East Lancashire
Manchester, Sheffield, and Lincoln
North Stafford
North

1855.
£29,391
65,396
16,503
18,339
31,549
25,938
12,028
23,931
21,478
6,810
6,241
9,508
7,076

London
Oxford, Worcester, and Wolverh. 4,317 4,105
South Devon 3,027 2,685
Ulster
1,352 1,273
Waterford and Limerick
Edinburgh and Glasgow ..... 6,008 5,849
Glasgow and South-Western
Scottish North-Eastern
Grand Trunk of Canada
Great Western of Canada....., 12,134 9,089
Northern of France
Railway Shares are generally steady, but there
has not been much business transacted. Lanca-
shire and Yorkshire, North Western, and some
others have been weaker, but they are now rather
firmer. French iecurities are lower, owing to
the depressed state of the Bourse. Paris and
Lyons have declined 10s. to 1/. The Great Wes-
tern of Canada are also flatter. Rigas are Ito

Joint-Stock Bank Shares are very dull, but
generally firm. Miscellaneous Shares also attract
but little attention.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
(Iron the Official List:

Rasinei. done.
3 per Cent. Consols Annuities 92i i 8 i i 3
.£lOOO . ....... .. l4 p
Wits Bonds,
14 10 p
Ditto, umder moo
i i I
Consols for Account
Exchequer Bills, 24d.
£lOOO
£5OO 7 9 p
Small
12 7 p
.
Ditto Bonds, 1858,
99
Ditto, 1859 3i per Cent 99
PRICES OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent.
09i
Ditto Account
7i
Ditto New, 1852, 4i per Cent.
22
Mexican 3 per Cent
2
i,itto Account 2;
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent
Tarkieh Bonds, 6 per cent 9Bii i
Ditto Account 9Bi 91 9 i i 100
Ditto Guaranteed, 4 per Cent.
Ditto Account ...... . ..... ... . .. .. ... -
01,,,,tendg on the. above sayable in Lennon.
bench Routes, 4i per Cent.
B
Ditto 3 per Cent.
2i p Cent. ex. 25. francs — Ditto,
4: per Cent.., ex. 25 francs
, 12 Guilders
Ditto 4 per Cent. Certificates
Consols THREE O'CLOCK.
, money .......................... . 92i
Ditto, account, October 8. ..., . 921 i
...

THE TELEGRAPH TO THE Nonm.—Tho stations be-
tween Inverness sod the Orkneys 3re—lri vernesy, Beauly,
Invergordon, Dingwall, Tain, GolgPie, IleirDBdale'l4b.
°ter, Wick, Huna, and Thurso. Dunnet Head is the
proposed point of departure for the submarine cable,
Briunus the landing point, and on to Rirkwall, the ter-
inns. Subscriptions have been started in various
115111111!'—'6016t4rik Courant.

20
20
20

100
100
100
20

20
10
12
St.

6125.

20
20
20
33!,
10