The Sun.
London, England, 1856-09-26 00:00:00

MONEY DIAAKET

AND
CO roIYrERC lAL INTEL?' ALGY

CITY, T%V o o'CLouz,

The Liverp( kl Cotton Market ye sterday closed
firmly, at ay:, advance of Id. per lb . upon all de-
scriptious •of Americans, but all ot't er kinds were
withorA change in value. The sales- Were estimated
at 12,000 bales-1,500 for export, and 3,000 on
speculation—comprising 130 Per nam and Maran-
lrtm., at 61d. to Bd. ; 150 Ba hia at 61d. ; 500
Egyptian, at 61d. to Bd. ; 1,500 Surat, at 41d. to
5?,d.; and 150 Sea Islands, at 11 J. to ls. 4d. per lb.
`..!.`he Railway Share Market was firm, with steady
prices, and closed at its best point.
For Foreign and Colonial proence this week
there has been a steady inquiry, but the markets,
sti'd present a quiet appearance. In sugar tae
transactions have been limited, but owing to the
firmness of the holders previous prices have bean
ealised. Coffee has been quoted at full rotes ;
cocoa has been inactive, and rice has been in good
.demand at higher rates, white Bengal being 3d. to
6d. dearer. There has been a good inqi dry for
rum, but sales have been limited. Saltp,3tre has
been at rather firmer prices, and sVc.ea have at-
triwted very little attention. In tardo. ar a slight
advance has taken place.

Further accounts from Vienna et ate that the
etearcity of the precious metals is dail y being more
alt in commercial and financial circles. The
premium, which has risen to 5 ar.d 0 per cent.
during the week, is expected shortly to advance to
10 and 12 per cent. The shares of the new- Bauk
GC Credit have depreciated within the last few days
snore than 20 per cent., arid they continue to de-
aline in the market. This scarcity of money is

now felt throughout all the German Bourses to
reduce the value of stocks, especially those of new
undertakings. At Hamburg shares of the two
banks recently founded there have declined from
15 per cent. premium to par%

The advance in ihe Bank of France rate of dis-
count from 5 to 6 per cent. -which was made yes-
terday has given rise to much discussion in the
City, and the opinion is now confidently expressed
that it will be immediately followed by a similar
movement at the Bank of England. This increase
in the value of money on the Continent is now
being severely felt in all departments of bu siness.
The Bank of Prussia, besides twice raising its
terms within a fortnight, has found it n ecessary,
in order to check the drain of the precious metal,
to refuse to negotiate suck bills as w ill have the
effect of withdrawing silver from the country, a vast
amount of paper circulation having already been
substituted for metallic currency.
On the Stock Exchange there is an active inquiry
for money on account of the a•pproaohing settle-
ment in Railway Shares and Foy reign Stocks.
The market for Public Securi'cies has been very
depressed this morning in cons equence of the un-
favourable prospects of the money market Loth

here and on the Continent. An advance in the

rate of discount at Paris was no4L generally expected,
and the English Funds have F ympathised with the
serious decline which that ir.rent occasioned on the
Paris Bourse. The decline in prices here has been
1 per cent., and the market still droops. In the
present sensitive state of the Money Market the
least circumstance, wh ether favourable or other-
wise, produces a decie,ed effect upon the views of
the speculators. Thus the confident feeling experi-
enced a few days ago, when some temporary abate-
ment was apparent in the inquiry for money, is
now succeeded by d apression. Consols opened at
about 931 1 for money, and 934 for account.
Since then they have been rather firmer,viz., 934
and 931 I, respectively. Exchequer Bills are 13s.
to 16s. prem., and tho Bonds are 99a.
Foreign Stocks haves also been at reduced values.
Turkish haVe declined about 24 per cent., the 6
per Cents. being 101 k to 101 k 4, while the 4 per
Cents, have ruled at 1011. Spanish Threes are
424, ditto Deferred 24k. Russian 4i per Cents.
964 1. Grenada New Active 22. Equador New
Consolidated 144, and Dutch 4 per Cents. 974.
The following are the nominal prices of Foreign
Stocks : Grenada Deferred Bonds, 7 to 74 ;
Mexican, 22i to 221 ; Peruvian, 79 to 81 ; ditto
3 per Cents., 57 to 59 ; Portuguese 3 per Cents.,
44 to 45 ; Russian 5 per Cents., 107 to 109 ;
ditto 41 per Cents., 96 to 98 ; Spanish 3 per
Cents., 42i 434 ; ditto Deferred, 24} 241; ditto
Certificates, 54 6 ; ditto Passive, 6►4 7.
Messrs. D. Bell, Son, and Co. report the market
for Amerioan Securities as inactive, at the follow-
ing prices :

Redeemable. Per Cent.
United States 6 per Cents. 1867-1868...1041 1054
United States 6 per Cent. fonds 1868...104i 1054

STATE SECURITIES.

Alabama 5 per Cent ... 81 83
Kentucky 6 per Cent. Bonds 1868-1872 90
Maryland 5 per Cent. (Sterling Bonds)... ... 92 93
Massachusetts 5 per Cent. (Sterl. Bonds). ...101 103
Mississippi 6 per Cent. Pl. Bk.
Bonds lB4l-1871... 40 42
Mississippi 6 per Cent. Union Bk Bonds ... 15 16
Pennsylvania 5 per Ca*. Stock
Pennsylvania 5 per Clout. Bonds 1877... 78 80
Tennesse 6 per Cent. Bonds ... 86 88
'Virginia 6 per Cent. Bonds 1886... 82 84

LOANS OF CITIES.

Montreal 6 per Cent. Bonds 1856-1865... 83 85

RAILROAD BONDS.

Illinois Central 7 per Cent. let Mortgage,
not Convertible 1875... $O 81. x
__•

Illinois Central 6 per Cent 1875... 82- 83
Illinois Central 7 per Cent. Freeland
_ _ _

Bonds 1560... 91 93
Illinois Central (Shares), $25 paid . ... 7 9 p
Michigan Central Bp. Cent., Convert 1860... 94 95
Do. do. do. 1869... 91 92
New York Central 7p. Cent., Convert 1864... 92 93
New York Central 6 per Cent., not

Convertible .
New York and Erie 7 per Cent. Ist Mort-

.1883... 80 82

gage 1867... 98 100
New York and Erie 7 per Cent. 3d Mort-
gage 1883... 86} 874
N. York and Erie 7p. Cent. Convertible 1862... 83 85
N. York and Erie 7 per Cent. Sinking
Fund 1875... 83 84}
Panama 7 per Cent., Ist Mortgage (Ster-
ling Bonds), not. convertible 1859... 91i 93i
Panama 7 per Cent., Ist Mortgage 1864... 93 95
Pennsylvania Central 6p. Cent., Ist Mort 1880... 89 90

The Railway Share Market is naturally de-
pressed, in consequence of the fall in the
Funds ; but the decline in most cases is not so
extensive as might have been expected. The
arangements connected with the settlement, this
being " making-up" day, however, occupy most
attention, and the fresh transactions are
consequently contracted. The Great Western,
Lancashire and Yorkshire, and Midland, are about
ss. lower, but several of the others are firm, and
Brighton, South Western, and Caledonian are to
better. The French, India, and Canada, are
dull.

The Ottoman Bank and the Bank of Egypt
shares are rather higher.

Mines and miscellaneous shares are very dull.

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

3 per Cent. Consols Annuities 933iiiii
Lome Annuities, expire sth Jan. /860...
Ditto 30 Years, expire sth Jan., 1860 3i
In"' Bonds, .01tIt4, .„...... ...............
Ditto, under £lOOO l3
Consols .or Account
E :,.-tiequer Bills, lid.
%.:1000
•
'melt l3 17 p
Ditto Ponds, 1858,-3i per Cent. 9:13
Ditto, 1859
PRICES OF FOREIGN FUNDS THIS DAY.
Equador New Consolidated l4l 15
Grenada New Active, 2; per Cent.
Peruvian Bonds 4i per Cent
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent 43
Enssian Ponds, 1522, £ St., 5 per Cent lO6
Ditto 4i per Cent. . 96.} 6
Sardinian Bon le, 5 per Gent
i,i iloLnls, 3 per cent ............ 42k A
D;tto Yew Deferred, 3 per Cent.
T P.Gmis, 6 p.r cent lOll 1 1 s 1003
nitto Guaranteed, 4 per Cent.
v.enls on the allore 47,•shle in T,nn,nr.
Dllteli Exchange, q- per Cen.;., 12 Guilders 63i
itto 4 per Cent. Certificates ..... 97i
THREE O'CLOCK.
Consols, money 931
Ditto for Account, Oct. 8 931

THEATRICALS AT PENRITH —Mr. and Mrs. Hermann
Vezin have been playing here during the past week, and
have on each evening of their performance attracted
overflowing audienc?s. The pieces represented vcere
"ißichelieu," "Money," " Hamlet," " Macbeth," "The
Lady of Lyons," and "The Flowers of the Forest."
The papers speak in glowing terms of the abilities of
Mr. Vezin, whom they designate as an actor endowed
Nf nature with talents of the highest order.