The Sun.
London, England, 1856-09-19 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCII,„

CITY, Two o'fiLoch

The Liverpool Cotton Market yeste:day closed
quietly, without any material changri. The sales
amounted to 8,000 bales, 1,000 of which were
taken for export, and. 1,500 on speculation, com-
prising 440 Pernam and Maranham, Gad. to 71d. ;
100 Bahia, 6-id. ; 250 Egyptian, 6W. to Bcl. ; and
400 Surat, at 4/d. to 51d. per lb. The Railway
Share Market closed very animPted, with an appear-
ance at a slight improvement.

The Colonial Produce Mar kets this week have
generally remained in a firm and quiet state, but
for some of the principal staples a steady demand
has prevailed. For sugar there has been a good
inquiry, and although no quotable change in prices
has occurred the tendenf3y has been upwards.
Yesterday, however, there was rather less
buoyancy, and some descriptions were heavy. The
stocks of this article as well as of every other
staple continue in excess of those at the corre-
sponding date last year. Coffee has not been pur-
chased to any considerable extent, owing to the
firmness of the holders who ask higher prices.
Rice has been taken freely, and at an advance, in
consequence of the improvement in the corn market.
Cocoa is is. to 2s. dearer, rum has been in moderate
request, and spices remain steady at previous cur-
rencies. Cochineal is dull, indigo firm, and tallow
active at CI per cwt. a.dvance.

Accounts from Berlin, of the 16th inst., state
that a treaty of commerce and navigation was con-
cluded on the 23d June last, at Monte Video, be-
tween Prussia, as representative of the Zollverein
union, and tho western republic. The term of
eighteen mouths has berm given to ratify the treaty,
and the formalities n-cesgary for its ratification
hare already been accomplished on the part of the
South American stat'a.

A telegraph message from Madrid mentions that
nothing has been resolved on by the Government,
relative to the establishment of the octroi duties,
or the disamortigation of the clergy lands.
Letters fro' .n Constantinople report that the
subject of railway communication throughout
Turkey is again become a matter of interest, since
the Government have granted a concession for the
construction of a line from Smyrna to Aidin, and
from Trnbizond to Erzeroum. The great question
is the line from Constantinople to Adrianople. To
concede this line, or that from Alexandretta to Bag-
dad, is considered at present premature. There is
also a combined Anglo-French company, with an
immense capital, formed, who offer to the Turkish
Government substantial guarantees to construct a
rail way direct from Constantinople to Trieste, and
to Bassorah by Bagdad.

The liabilities of the Royal British Bank are now
stated at 540,0001., and the assets at 340,0001., but
no official information on this subject has yet
been published. It is also alleged that the 501.
per share still unpaid will be called up at
once. To-morrow the meeting of shareholders
takes place, and it will, no doubt, be numer-
ously attended by the unlucky shareholders,
Who will immediately be called upon for the 501.
per share yet unpaid. These parties are in a pecu-
liarly unfortunate position, as of course they were
kept in ignorance of the rotten state of the concern,
slthough it is asserted that the Bank has been tot-
tering for years past.

The buoyancy noticed yesterday in the market
for English Stocks has been succeeded by a partial
reaction, and the market is in rather an excited state.
Whether the present weakness is the result of the
closing of Bull accounts or of Bear transactions it
is difficult to say, but it is most likely that both
these causes are in operation, as certain parties are
known to be speculating for a fall. It is impossible
to get rid of the impression that the money market
Will continue stringent, notwithstanding favour-
able indications may occasionally re-appear.
At present, in the absence of political news of
importance, the market is solely influenced by
monetary prospects. While affairs on the con-
tinent remain in such an undecided state—with
the export of silver continuing active, and the
enhanced terms of discount that prevail—it is
difficult to conceive how the public mind can
become settled with regard to the probable
course of prices in the markets for speculative
securities. Consols for money have been 941 and
941 I. The account quotations have been 94.?, I
and 94i A. Yesterday, at the official close, the
money value was 94i and the account 94/
although subsequently there was a slight decline.
Exchequer Bills are is. firmer, viz., 13s. to 163.
premium ; and the Bonds are 99g- East India
Bonds are 17s. premium.

Foreign Stocks are dull and heavy. Turkish 6
per Cents. have declined to 1031 2i, and the 4 per
Cents. are nominal. Russian 5 per per Cents.
have been 108, and the 4i per Cents. 975, and
Sardinian are 914 to 92.

Th• following are the nominal prices of Foreign
Stocks Grenada Deferred Bonds, 7 to 7i ;
Mexican, 22i to 23 ; Peruvian, 79 to 81 ; ditto
5 per Cents., 55 to 57 ; Portuguese 3 per Cents.,
45 to 46 ; Russian 5 per Cents., 108 to 110 ;
ditto 41 per Cents., 96 to 98 ; Spanish 3 per
Cents., 43/. 44i ; ditto Deferred, 24i 251 ; ditto
Certificates, 5i 6 ; ditto Passive, Gi 7.
An almost complete suspension of business in
American Securities is reported by Messrs. D. Bell,
Son, and Co. The following quotations are merely
nominal :

Redeemable. Per Cent.
'United States 6 per Cents. 1867-1868...1011 105.
'United States 6 per Cent. Bonds 1863...104 105

STATE SECURITIES.

Alabama 5 per Cent ... 81 83
Kentucky 6 per Cent. Bonds 186 S-1872... 90
Maryland 5 per Cent. (Sterling Bonds)... ... 90 92
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 Cent. Stock
Pennsylvania 5 per Cent. Bonds 1877... 78 80
Tennesse 6 per Cent. Bonds ... 86 88
south Carolina 5 per Cent. Bonds
(Baring's) 1858-1868... 94 93
South Carolina 5 per Cent. Bonds
__ __

1866... 87 89
Virginia 6 per
er's)
Cent. Bonds 1886... 82 83

LOANS OF CITIES.
Montreal 6 per Cent. Bonds 1856-1865... 83 85

RAILROAD BONDS.
Illinois Central 7 per Cent. lst Mortgage,
not Convertible 1875... 83i 843
._._

Illinois Central 6 per Cent 1875... 82
Illinois Central 7 per Cent. Freeland
Bonds 1860... tO 91

Illinois Central (Shares), $?5 paid
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 1883... 80 82
New York and Erie 7 per Cent. lat Mort.
gage 1867... 98 100
New York and Erie 7 per Cent. 3d Mort _

gage 1883... 86 87
N. York and Erie 7p. Cent. Convertible 1862... 83 85
N. York and Erie 7 per Cent. Sinking
Fund 1875... 83i 84i
Panama Sterling Bonds 1864... 94 96
Pennsylvania Central 6p. Cent., lat Mort 1880... 89 90
The Railway Share Market is depressed, owing
to the decline in the Funds. In some of the prin-
cipal shares the re-action has been Ato per share,
and a fair amount of business has been done. The
Foreign rules quiet, and the Colonial heavy. The
Great Western of Canada have dropped to 231
owing to rumours of further dissension among the
directors. Rigas are / prem.
Cobre Copper Mining Shares are 14 to 11. 10s.
lower.

Joint-stock Banks rule dull, and in Miscellaneous
there are very few transactions.

ITISH NUNDS THIS DAY AT Ohs O'CLO' 'K.
(From the Official List.

cost r, done.

3 per Cent. Console Annuities
94i i i 4
India Bonds, £lOOO
Consols .or Account .. 94i ii i
E cenequer Bills, 20.
£l.000.
£5OO l3 16 p
Small l3 16 p
Ditto Bonds, 1853, 3i per Cent. 9.1 i
Ditto, 1859
pwcFs OF FOREIGN FUNDS AT ONE O'CLOPR
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent 451
Russian Bonds, 1622, £ St., 5 per Cent— lOB
Ditto 4i per Cent.
Sardinian Bonds, 5 per Cent. . .........
Bp anist Bowls, 3 per Cent —
Ditto Account 441
Turkibh Bonds, 6 per cont lO3
Ditto Account
Divic ends on the above payable In Urdu
TWO O'CLOCK.

Console, money 94f a
Ditto Account,. .... 4e. ~941

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