The Sun.
London, England, 1856-02-16 00:00:00

MONEY DI APu K 7-21 T

AND

COialtiEra.ClAL INTELLIGENCE.

CITY, Two o'CLocx.
The Liverpool Cotton Market yesterday was
steady throughout, and prices were well supported
at the advance noted yesterday. In the Railway
Share Market there was a fair inquiry, and prices
receded.
The Bank Of England return for the week end-
ing the 9th inst. is rather unfavourable, aF a slight
reduction is noticeable in the item of bullion. On
. the other baud, however, the increase 'in the re-
serve of notes and the falling off in the other
- securities are favourable features. The low point
• to which the public deposits have been reduced will
account for the new loan being announced at such
an early period in the session.
Active Circulation
• Decrease
Bullion
Decrease
Rest
Increase
Public Deposits
Decrease
Other Deposits
Decrease
Seven-Day and other Bills
Decrease.
Government Securities
Decrease
Other Securities
Decrease
Notes unemployed

£18,803,375
317,260
10,613,719
92,157
3,492,520
82,438
3,683,327
99,552
13,049,256
758,002
798,031.
17,849
11,442,361
670,0'00
17,868.429
348,068
5,604,500

In crease. ,

192,515

Accounts from the Vienna Bourse mention that
numerous and large purchases have been made
during the last few weeks in the Austrian Funds
on account of foreign capitalists,, and that the re-
mittances, in payment for the same, have in-
fluenced the money market in a favourable manner.
The rates of exchange on gold and silver are lessened,
and the value of foreign paper has fallen. In the
want of peace being established, there is a pro-
spect of the State Bank notes being on a par with
• money; andprobably the Bank maybe able to make
specie payments. Such a result would place Aus-
tria in a better position, with regard to the adjust-
/pent of the metallic currency throughout Germany,

for at present this is so limited, that her voice in
the reform project is of less moment than some of
the petty_states. On the Bourse the 5 per Cent.
Metallics are firm at 83k, and shares of the New
Bank of Credit have advanced 3 florins, to 2881.
The exchange on London is 10 florins 18 kreutzers
to the pound sterling.
From Madrid advices come to hand announce
that the Government do not intend bringing for-

ward the proposal to convert the floating- debt of
Spain into consolidated funds until the Cortes
have voted the several items of the budget. In
doing so the Government appears to have confi-
dence in the peace negotiations, and that the funds
- will rise under their influence, as well as from the
abundance of capital in Europe.
In consequence of one or two influential jobbers
baying sold largely yesterday morning immediately
before the announcement of an intended loan, a

belief was generally entertained among the mem-
bers of the " House" that the Government broker
bad been guilty of a breach of faith, and communi-
cated the particulars of the notice to some of
his friends. This impression was strengthened
by the fact that the announcement was not made
until 20 minutes past 11, and Messrs. Mullens,
Marshall, and Co., were compelled in consequence
to appeal to the Committee,of the Stock Exchange,
who, after mature consideration; came to the fol-
lowing resolution :

"The Committee is of opinion that Messrs. Mullens
and Marshall were entirely ignorant of any commuucca-
tion between the Treasury and the Bank of England,
relative to the proposed loan, before it was communi-
cated to the Stock Exchange, and, consequently, could
not have expressed any opnion founded upon informa-
tion so acquired.—By order of the Committee of the
Stock Exchar,ge,
(Signed) " GEO. WEBB, Secretary."

The dealings in the Stock Exchange have been
very limited in extent, the speculators, after the
recent excitement, preferring to await the particu-
lars of the new loan before renewing their opera-
tions ; still, however, the tendency of the market
this morning has been in the direction of a
alight recovery. As most parties were aware
that further financial operations would be
unavoidable a fall of 11 per cent. is scarcely justi-
fied by the notice given yesterday by the Govern-
. went broker, only that it came much earlier than
was anticipated, and when the transactions were
for an advance in prices. It will be remembered
that upon the last occasion the measure was delayed
until April, and the present Government operation
• was not looked for until the end of next month
or the beginning of April. The consideration of
the probable amount of the loan, and the manner
in which it will be taken, has obsorbed chief atten-
tion during the day, and the communication to be
made on Monday next is looked for with consider-
Ole anxiety. Consols for money opened at 901 ,
but improved to 901 The account prices, atter
being 901 i, and 901 -a, recovered to 901 I, an advance
of 1 per cent. upon yesterday's closing rates. The
New Three per Cents. were 911 to 1, and the Re-
duced 94 I. Exchequer Bills were dull at ss.
discount, and India Bonds at 3s. discount.
Foreign Securities continued dull. Turkish 6
per Cents. ruled flat at 931, and the 4 per Cents.
at 991 to 100. Dutch 21 per Cent. Guilders were
64 ; Granada Deferred, 61 ; and Dutch 2i per
Cents., 64. Russian 5 per Cents. rose 1, being
1051. Spanish Deferred were 23g and the
Passive 61..
Railway Shares have generally rather improved
as compared with the latest prices yesterday.
Midland have risen ful'y 10s., and Great Western
55..t0 JOs., Paris and Lyons are steady, and also
Great Western of Canada. _

Cobre Copper Shares are lower, but Miscellane-
ous Shares are firm.

The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds, 61- 74; Mexican,
261 ?2, ; Peruvian, 79 81 ; ditto 3 per Cents., 55 57 ;
Portuguese 4 per Cents., 47 49 ; Russian 5 per
Cents., 104 6 ; ditto 41 per Cents., 92 94 ; Spanish
3 per Cents., 421 ; ditto Deferred, 231 ; ditto
Certificates, 41 5 ; ditto Passive, 6.1 1.
The New Banking Shares are rather firmer.
Ottoman, 1 to 11 ; Bank of Egypt, 11 to 2 ; Dis-
counts, g.

BRITISH FUNDS Tlll5 DAY AT ONE O'CLOCK.
( Pro% the OPiciai List.)
rnsinpq, done.
Aor Cent. Redxcod Annuities...... . 901
B per Cent. Consols Annuities 9O 90
Nov/ 3 per Cent". Annuities .......... 911 g
Long Annuities, expire sth Jan. 1860...
Ditto 30 Years, expire sth April, 1885 ll
India Bonds, £lOOO
Ditto, under 1:1000 3 d
Consols for Account
Exchegaer Bine, 24d.
£l000
"mall par
Ditto Bonds, 1858, 3i per Cent 93
• Ditto, 1859 . . .
PRICE OF FOREIGN FUNDS AT ONE O'CLOC E
Dutch Exelinge, 2 por Cent., 12 Guilders 64
Grenada New Active, 11 per Cent. -
Ditto Deferred 6
Russian Bonds, 5 per Cent., 1822, St 165,4
tips.nien Bowds, 3 per Cent
Ditto Yew Deferred, 3 per Cent.
Ditto Account
Ditto Passive
Turkinb Bonds, 6 per cent 93-
Ditto Account 92
Ditto Guaranteed, 4 per Cent
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 2h per Cent., 12 Gull ... 64
TWO O'CLOCY.
Crnsols, money
Ditto Account 9oq

THE IRISH SOCIETY.—On Thursday, at the Court of
Common Council, Alderman Humphrey was unani-
mously elected governor of the Irish Society, and Deputy
Townley, deputygovernor.
THE PEACE CONFERENCES AT PARIS.—The Earl of
Clarendoa left London by the 1.30 p.m. train to day
for Boulogne, en route for Paris, in order to assist at
the diplomatic conferences about to he held in that capi-
tal. The noble Secretary of State for Foreign Affairs
was accompanied by the Countess of Clarandon. His
Excellency Lord Cowley during the last thne days has
had protracted interviews with both the Earl of Claren•
don and Viscount Palmerston. His Excellency left
London to-day for Paris to resume his diplomatic duties
at the Imperial Court. The Hon. Julian Fane, attached
to the Earl of Clarendon's mission, left town on Thurs-
day for Paris, and the Hon. Charles Spring Rice, Mr.
Vivian, Mr. Bidwell, and Mr. Villiers Lister, of the
Foreign-office staff, left London yesterday for Paris.
The Hon. Spencer Ponsonby, private secretary to the
noble earl, also departed for Paris to-day.
The Gazette repairs au earlier omission by publishing
• an extract from a report from Lieut.-General Sir R.
.Dacres, K.C.8., to Field-Marshal Lord Raglan, as folk
lows ;--" Camp, before Sebastopol, May 30, 1855. My
Lord,—ln forwarding Lieut.. Col. Warde's report on the
conduct of the Artillery officers during the second bom-
bardment of Sebastopol, it is only left for me to express
my entire concurrence in all he has said ; but let me in
addition say how much I am indebted to Lieut.-Col.
Warde for his unwearied exertions in arming the bat-
teries, and his great attention to all the duties he has
had to perform ; or to speak too highly of Lieut.-Col.
Dickson, Capt. Old field, Brigade-Major Reilly, and the
two adjutants, Lieutenants Lyons and Ruck-Keene.
These have all come under my immediate notice. I
must in conclusion not omit to mention the gallantry of
the non-commissioned officers and men, which could not
be surpassed.—l have, &c. (Signed) R. Dacres, Bri-
gadier-General Commanding Royal Artillery. His Ex-
cellency Field-Marshal Lord Raglan, Commander-in-
Chief.