The Sun.
London, England, 1856-12-08 00:00:00

IVIONEy- MARKET

AND

COMj IF WI INTELLIGENC,, N shr.

CITY, Two o'CLootc.
Letters from Liverpool state that the Cotton
Market on Saturday closed firmly, but without
increased tightness. Compared with Friday's rates
all kinds were unaltered. The sales amounted to
8,000 bales, of which 2,000 were taken by the
speculators,. The Railway Share Market mani-
fested a steady appearance, and prices were
fullY sus t ained. The state of trade in the
Manufactu ring towns is generally quiet, but
the reduction in the minimum rate of discount by
the Bank ,of England has occasioned more firmness.
At Leeds the business of the past week is described
a 4 being limited, and confined principally to goods
of the lower qualities. The manufacturers having
:/laid in fresh stocks of wool, at the public sales, are
"fig fuller employment to° the working classes,
and the mills are now working longer hours. In
Manchester there has been an improved demand,
°wing to the more favourable advices brought by
the last Overland Mail, and shirtings are lid. to
3cl. per piece dearer. The Silk trade, during the
east month, is thus reviewed by Mr. H.
"• Eaton : There has been little in the
Market during November calling for particular
notice. The deliveries have continued good, but
We have had a dull heavy trade throughout, every
prices
seeming anxious to buy as sparingly as possible.
;lees have, however, remained extremely steady.
The imports from China in the next two months
vllll doubtless be large; but as they will find manu-
facturers and throwsters most scantily supplied, it
Is fair to expect, in the absence of most other silks,
ageed demand—consumers having waited for a
'tter assortment than the present small stock
affords. This impression is much strengthened by
the increased operations during the last two days,
both for home use and the continent. It must
also be borne in mind that these expected imports
Will complete 50 per cent. of the total quantity to
'treat Britain of 70,000 bales. The letters just
received from China report the total settlements
,_
be 45,000 bales, the shipments to Great Britain
had
30,500 bales, and elsewhere 5,000 bales. Prices
'ad advanced so as to have but little margin on
111° quotations from England. In Bengal silk the
business early in the month was very moderate,
the bulk of the reoent imports as in October being
nferior, and the pretensions of importers owing to
for
high cost being far beyond what can be afforded
1 such qualities, but more disposition being
lately shown to meet buyers, some sales have been
effected.
Anything really fine and good of the
Italian qualities sells readily at good prices.
andali4ll silk has attracted a little more attention,
1, may be quoted rather firmer. In Brutias and
ersians there is no alteration.
The True Briton, from Melbourne, is announced
get the particulars of her specie freights are not
let' known. The Red Jacket and the William
of°4eY are now also due, and in the course
of the next fortnight a further large supply
tp.. gold may be anticipated. As the
Cele requirements of the Bank of France seem
ar. 'lO have been supplied, and speculation in
silver is not likely to draw so much gold away as
heretofore, it may be supposed that the
dater: portion of future arrivals will be re-
4ed in this country. The advices from
Marls this morning state that monetary affairs
ntinue to improve, and the next Bank return, it
is alleged, will show an increase in coin and bul-
k°ll in Paris and the departments to 194,000,000
-.sum

, There is a quiet demand for money in Lombard- to
'treat to-day, and the rates for first qualities of r
tills are rather easier. 25
25
The Europa has arrived, with 560,000 dollars,
from the United States. st.
st.
The half-yearly meeting of the Bank of Austral- 25
seia was held this day, when the directors expressed 20
their resolution to continue the dividend at the goo
tkte of 20 per cent. per annum, payable in April 20
/teat. • The state of the colony was satisfactory. 10
•Ikt the next meeting the accounts will be presented 5
usual. The directors had invested the 200,0001.
grantee fund. 10
I, nosiness at the Stock Exchange has commenced 20
quietly this week, and, owing to some spe-
10
inei4tive sales, a temporary degree of weakness has is
o„e'arae apparent. Compared with the latest prices
e-''tent on Saturday a decline of Ito per 18
--414 t• has taken place, but as there is no 20
r.vourable event which justifies a lower range Hi
el 20
l'aues, the flatness now prevailing is no doubt zu
jtoinporary. An influential party of dealers
of'te endeavoured to depress the market, and some 2200
ti tile /mailer operators for a rise have probably 100
pf4ed their accounts, so as to make sure 100
kit their profits, otherwise it is only 20
ill to conclude that the tendency would have been 25
Ole other direction, especially as the Money Do
11-‘ rket is gradually improving. At the same time, too
4011 eve r, the Transfer books being closed, there are oookoney0ookoney purchases to give support to the market. 20?
itb,s4ollthave been 93i 94, and 931 /. ;They are now 2tA
a-Mit 9531 Special transfers of stock have been 'jot
04egetiat ed at 943. The New Threes are 93Z to
,i 1 the Reduced 931 1. Exchequer Bills 4s. to 100
i;',Pteinium, and the Bonds 981, 99. Bank Stock
1.461, and India Stock 227.
decided.
the Foreign Market the principal feature is
h s'eidecl. fall in the Turkish 6 per Cents., which
t„..4ll3auffered from the same cause as Consols, viz.,
A,,olils.tive sales. They have been dealt in at 95,1„
.0„ is 94i and they are now about 95, 951. The
bet" Cents. 102 i. Spanish are flatter, the Threes
:
42 to 42k, and the Passive 54. Russian
3 Per Cents. are 961 ; Peruvian, 78 ; and Do.
per Cents. 551.
The following are the nominal prices of Foreign
4(
08 :-_Grenada Deferred Bonds, 6i 7 ; Mexi-
"„' 2213 3i; Peruvian 41 per Cents., 76 8 ; ditto
.14"0" eentli., 54 6 ; Portuguese 3 per Cents.,
oe" ; Russian 5 per Cents., 106 8 ; ditto 41 per
jsrlits's 95 7 ; Spanish 3 per Cents., 411 21 ; ditto
c" •
, Deferred, 231 24; ditto Certificates, 61- ;
ditto Passive, 6
tenßailway Share Market this morning has
ll influenced to some extent by the depression
14
e
of tih,e English Funds, and the quotations of most
pe,:oe Principal lines have eclined about Ito
' some instancesd rather more. East
t_',glian, Great Northern, Great Western,
to _ngh ton, North-Western, and Midland were
15s.
by 10s., and Lancashire and Yorkshire by; South-Eastern ss. ; Paris and Lyons de.
alined 10s. ; Northern of France ss. ; Lombardo-*
Venetian. 15s. ; Great Luxembourg ss. The
Canadian lines were steadat
shares
Joint-stock Bail&
have been very
little
dealt in. Bank of Australasia have improved
about 53., and Western Bank of London E. to 11.
19s. Bank of Egypt, Ottoman Bank, and Oriental
Bank are steady.
Miscellaneous shares are inactive. Canada Go-
-I,7ernment 6 per Cents. are at 114 ; South AuTs
teriael
natt Government 6 per Cents, 1011 ;Electric
Tel-
graph, ; and Crystal Palace 2&.

ill FUNDS THIS DAY.—CLOSING PRICES
(From the Official List.)

iIS RI:
2 minim done.
aZit tock
- Per Cent. Reduced AllllllitlaS
,30Der Cent. Consols Annuities shut 94i
/ '"' 3 Per Cent. Annuities
ndia.Sto 11.
414 Bonds, £lOOO
D
n itto un
Account 000
%;,)sols,for4 3$ i x d
n
ellecitter Bills, 21d.
1000
Elmall 5 p
•
Ditto Bonds, 1858, 3i per Cent. 93s 9
IitexPRICES OF FORtIGN FUNDS THIS DAY.
lean 3 per Cent
rtl
Ditto Accoun
Pe . 22i
... .... _
vian Bo ndst .. 4i per Cent
bitto Account
78
Ditto 3 per Cent.
It Ditto Account
.1.:
17i54 Bonds, 1522, St., 5 per Cent —
81 itto IA per Cent. • 96; 6
111'1?iill 13ottds, 3 per Cent
11).„.tt0 Account
kw New Deferred, 3 per Cent.
Ditto Account
Dif 23k
NI ..,.. passive
5i
irtiTell Committee Cert. of Coup. n-_,t, fun. 6§ p c
-bit, per co-'
, ,coun. 1,`51 43 -E; 4 ',ji 41
ultto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above payable In Londot,
THREE O'CLOCK.

Consols Money)
/Mk) Amount Ran arY 8) iii I, ..... ~ 93i i x cl

SHARE MARKETS—(This Day).

VS.