The Sun.
London, England, 1856-02-25 00:00:00

MONEY MARKET

AND
COM HERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Liverpool Cotton Market, on Saturday,
closed with an animated feeling and a more general
demand, chiefly owing to the hope of peace result-
ing from the Conferences in France. Prices of all
kinds were extreme, especially in qualities of Ame-
ricans under 6d. per lb The sales were estimated
at from 8,000 to 9,000 bales (1,000 for export, and
2,000 on speculation), comprising 6,000 Americans,
500 Egyptian, 6d. to Bd. ; 2,000 Surats, chiefly
4d. to 4id. ; and 80 Sea Islands, Is. to 2s. ld.
per lb. The Railway Share Market was quiet, but
prices were steady, and closed with a firm aspect.
The intelligence from New York received this
morning states that extraordinary excitement
prevailed in the Stock Market in consequence of
the news received from this side of the pending
negotiations for peace. Money, being abun-
dant, was freely invested, and the Bulls operated
more extensively than had been known for some
time previously.
At a meeting of the Chamber of Commerce held
recently, a memorial to Congress had been adopted,
praying for an extension of the provisions of the
Reciprocity Treaty with Canada, so that all pro-
ducts might be exchanged free on the intervening
fresh water rivers and lakes. About a half of the
$3,000,000 remaining due, from the United States
to Mexico, on account of the Messilla Valley in-
demnity, had been paid, and it was thought that
the rest would be discharged in a week or two.
Accounts from Berlin state that the ordonnance
of the 26th November, 1855, which abolished the
premium on the export of spirits from Prussia, in
consequence of the dearness of provisions requiring
all the grain for home consumption, has been dis-
cussed in the Chamber of Lords with a view to
its repeal. It appears that this ordonnance has
given great satisfaction to the people, excepting
Some wealthy distillers, whose immediate interests
are concerned, and who have considerable influence
With the nobility. Without re-establishing the old
law, the Chamber has taken a middle course. On
the motion of Baron de Gaffroy, which suspends
the law merely, and allows of its restoration, when
it is considered by the Senate that provisions has e
returned to their former prices.
4' Accounts from Copenhagen, by way of Berlin,
state that the conferences on the Sound Dues are
not likely to be attended with any practical result
fir the present. At the last meeting it was pro-
Posed and formally agreed to that the meetings
aheuld be postponed sine die. It would appear
from this that the more important conferences
now being held at Paris, have influenced
the discussion of this minor question to a
future period, when it is probable that the whole
of the commercial treaties- between the Baltic
States and the great European Powers will under-
go revision. Already it is reported that, in the
e►ent of peace being satisfactorily concluded, the
Russian Government will devote their first leisure
tune to the regulation of the tariff and other corn-
inercial matters upon a liberal scale to increase
their commerce with foreign countries.
The corn trade is steady to-day, at last week's
Prices.

The confidence generally entertained in the suc-
cessful result of the Peace Conferences, which corn-
Mexico to-day in Paris, together with the statement
recently made by the Chancellor of the Exchequer
With regard to his financial position, favourably in-
helices the market for Public Securities, and
further advance of per Cent. has been
established. An early discontinuance of the
War is considered so probable that many are
calculating the advance which may be expected to
rake place should the deliberations of the delegates
in the French capital progress satisfactorily. Con-
sols have been very quiet at 91i- g for money, and
at 91i to 92 for account. The Scrip has risen to
14 I premium, and the Exchequer Bill Scrip to
4 I premium. The New 3 per Cents are 921 1,
kikd the Reduced 92 to 92b Excheaeer 11; 11. ern .4.
ls. discount for those dated March, and 2s. dis-
count to Is. premium for those of September.
Foreign Securities are mostly at nominal prices.
Turkish Bonds are buoyant, the 6 per Cents.
having been 94k to 95, and since 95 to 951.1. The
per Cents. are quiet at 1002. Spanish Deferred
Bonds are 23k.

The following are the nominal prices of Foreign
gtocks:—Grenada Deferred Bonds, 6i 71; Mexican,
2014 ; Peruvian, 79 81 ; ditto 3 per Cents., 55 57 ;
Portuguese 4 per Cents., 47 49 ; Russian 5 per
Cents., 104 6 ; ditto 44 per Cents., 92 94 ; Spanish
5 per Cents., 42k 43 ; ditto Deferred, 23! ± ; ditto
Certificates, 44 5 ; ditto Passive, 61 I.

. _
The railway market is dull, but most of the lines
are well supported. Caledonian, however, are an
exception, being flat. Lancashire and Yorkshire
'lave improved 55., and North-Eastern (Berwick)
108. to 15s. per share. Great Western of Canada
are steady, and Paris and Lyons about ss. higher.
Mining shares are inactive. London and County
tank shares are rather fluctuating. Victoria Go-
vernment Debentures have advanced 1 per cent.
and Peninsular and Oriental Steam are firm.

BRITISH FUNDS THIS DAY AT @Ng (t' CLOCK.
(Pro. tire Ofgcicii /iv%
in,ines done.
'Bank Stock
3 let cent. Red.,,cod Antinitii.;
INT Cent Console Annuities 9l it
~."w 3 por Cont. Annuities
,-, snqnls N,r Account
Ditto Scrip
Evette,lnei o,llls, ?td. March. June and Sept.
£lOOO
460
small 3 (II ld 2 pld
..
_..

Ditto Scrip
PRICE OF FOREIGN FUNDS AT ONE O'CLO, K
Spanish Roads, 3 per Cent
nitto Yew Deferred, 3 per Cent.
Ditto Account . .
Tnrlrihh nouds, 11 pGr cent
Ditto Account
Ditto 4 per Cent
Ditto Account
Dividends on the above Pa, awn h, T.mviny•
QUARTER PAST TWO.
Consols, money
Ditto Account