The Sun.
London, England, 1856-10-14 00:00:00

MONEY MARKET

COMMERCIAL INTELLIGENCB.

CITY, Two o'CLoox.
The Liverpool Cotton Market yesterday closed
very firmly, but prices of all descriptions were
extreme. The sales amounted to 12,000 bales
(1,000 of which were taken for export and 2,000
on speculation), comprising 1,200 Egyptian, at
61d. to 9d. ; 2,000 Surat, 41d. to 51d. ; and 30
Sea Islands, ls. to 2s. 6d. per lb. The Railway
Share Market opened quietly, at a decline on the
current rates of Saturday, but it subsequently im-
proved, and closed at its best point.
Letters from Hamburg of the 11th inst. contain
some particulars relative to the capitalisation of
the Sound Dues. According to a despatch received

there from Copenhagen, it is announced that Mr,

Buchanan, the British Plenipotentiary at the
Danish Court, has fixed upon a sum to be paid by
England to Denmark as an indemnity for the
capitalisation of the Sound Dues. Of course this
convention must receive the sanction of Parliament
before it can be ratified ; but it is anticipated that
the terms are so advantageous that there not
likely to be any opposition to the proposal. It
appears that Prussia, one of the maritime
states most interested in the free navigation of
the Sound and the Baltic, has not yet fixed
upon the pecuniary compensation to be given
to Denmark upon the cessation of the dues. It is
said also that Denmark has been making repeated
applications to the Hanseatic cities of Lubeck and
Hamburg to modify the duties levied on mer-
chandise in transitu by the duchy of Lauenburg.
France also asks for a modification of the same on
account of the carriage of her manufactures through
these states into the Danish territory, and there is
every probability of her agreeing to the terms of
capitalisation if the others are reduced. From
these facts there is now some certainty of the vexed
question of the Sound Dues being satisfactorily
settled this year.

A quarterly meeting of the Wheal tiny Mine
was held to-day. The report showed a balance of
1261. against the mine. The produce of tin and
copper sold was 1,8021. A call of 15s. per share
was made.

Although the arrivals of gold from Australia and
America during the last two days have been large
they have not produced any change for the better
in the present position or future prospects of the
Money Market, and it is questioned whether the
further sums which are known to be on their way to
this country will be sufficient to supply the wants
of the Bank of Prance, without causing a further
reduction of the bullion in Threadneedle-street.
On Saturday and yesterday about 150,0001. is be-
lieved to have been taken for the continent, and if
the withdrawals continue at this rate, the stock of bul-
lion will speedily be reduced to a very low figure.
About 196,0001. in specie arrived yesterday from
America, ac., and 368,0001., viz., 92,000 ounces,
are reported this morning from Australia by the
Champion of the Seas. Other ships, among them
the James Baines, are supposed to be near at hand,
with heavy specie freights, which will probably
render some assistance to the Money Market.
' The advices from America, per Asia, mention
that the money market was getting tighter on ac-
oount of the stringent policy pursued by the city
banks, whose last weekly return showed a decline
ix the loans and discounts of $723,230. The specie
in the same time, owing to the large remittances
to England, was smaller by $1,397,465.
The intelligence received from Australia, per
Champion of the Seas, has generally been antici-
pated by the overland mail. We have frequently
called attention to the slovenly manner in which
the letters by the Australian mail ships are for-
Warded from Liverpool to London, and further
complaints are now made with regard to those
brought by the above vessel. Part of the letters
were delivered this morning, and telegraphic ad-
vices just received state that other portions of the
mail were sent away by the 4 and 7 o'clock a.m.
trains. Surely such repeated carelessness as this
requires official remonstrance.

Public Securities are rather heavy, but the deal-
ings are limited. The payment of the dividends
on Government Securities has commenced, and the
public continue to make purchases of stock for in-
vestment. These keep up the prices of the Funds,
which otherwise would probably have been still

further depressed. Speculators, however, operate
with diffidence and limit their engagements. The
further decline of the Rentes at Paris tends
to increase the weakness of English Securities.

Consols for money this morning have been 91i to
1, and for account, 92 to 92k, and 911 92. They
_ _ _ _ _

are now about 911 / for the former, and 911 for
the latter. The New Three per Cents. are 911,
and the Reduced 901 Exchequer Bonds are
4s. to Bs. premium, the Bonds 981 4. The New
6 per Cents. are 114.

Foreign Securities are dull, and Turkish are par-
ticularly heavy. The 6 per Cents. have dropped to
91 and 911. The 4 per Cents. are also flatter, viz.,
99i g. Spanish Threes have risen to 424 Rus-
sian 4 per Cents. are 97i ; and Peruvian 4 per
Cents. 77.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 611 7f ; Mexi- LO2
can, 21i 22 ; Peruvian, 75 77 ; ditto 3 per Cents.,
54 56 ; Portuguese 3 per Cents., 43 45 ; Russian
5 per Cents., 106 108 ; ditto 4; per Cents., 96 98 ; 2
Spanish 3 per Cents., 42i ; ditto Deferred, 23 44 ;
ditto Certificates, 5 5i ; ditto Passive, 6 2
2
Business in the Railway Share Market is now 2
dull, but prices are steady. The arrangements for t(c:
the settlement corhmence to-morrow. Great 10
Western and Brighton shares have slightly tO
improved. The Colonial Lines have been steady, 1
and French have declined about per cent. 2

Joint-Stock Bank and Miscellaneous Shares are
almost neglected. Canada Government 6 per
Cent. have improved ss.

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
(From the Offictal List.)
anginp., done.
3 per Cent'. Reduced Annuities
3 per Cent. Consols Annuities 9ls k t
New 3 per Cent. Annuities
per Cent. Annuities ll4
Loig Annuities, expire sth Jan. 1860... 2 13-16
Ditto 30 Years, expire sth Jan., 1860 3 1-16
Ditto 30 Years, expire sth April, 1885 lB 1-16
India Bonds, £lOOO
Ditto, under £lOOO 6 10 p
Consols for Account 92 A 1i 2 1i
Exchequer Bills, 24d.
£lOOO ........... .
£5OO 4 S p
gmall ...........
Ditto Bonds, .. per Cent 4B 5 p
Ditto, 1859 9B
...............
PRICES OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent.
Ditto Small
Grenada New Active, 21 per
Ditto Deferred .. .
Peruvian Bonds 43 per Cent.......
Ditto Account ................................. 7
Ditto 3 per Cent.
Ditto Account .. . ........................... 54.1
Russian Bonds, 1822, St., 5 per Cent
Ditto 4,i per Cent. 974
Sp.nisb Bouds, 3 per Cent 421
Ditto Account 42
Tarkieh Bonds, 6 per cent
Ditto Account 91.1, 1 891 90 x d
Ditto Guaranteed, 4 per Cent.
Ditto Account
Div ends on the above payable in London.
Dutch Exchange, 221 per CentL, 12 Guilders 64i
Ditto 4 per Cent. Certificates 95 a d
THREE O'CLOCK.
Consols, money 9li g
Ditto, account, November 6

Letters from Brazil mention the death of the Marquis
of Parana, President of the Council and Minister of
Finance.
CRYSTAL PALACE.—Yesterday (lc day) the admis-
sions on payment were 2,463 ; by season-tickets, 336 ;
total visitors, 2.799.
AUSTRIA AND PARMA.—The Trieste Gazette states that
the news of the prolongation of the customs convention I.
between Austria and the Duchies of Parma and Modena
appears to be correct. The convention is to be continued
for 27 years, and Austria is to grant an allowance of
400,000 lires to the Duchy of Parma.
Loss OF A VESSEL AND TRIRTY-TWO LIVES.—RIO 20
JANEIRO, Sept. 9.—Tbe Raven (American ship), Captain IV)
Croker, on her voyage from New York for Sumatra, g
put into this port on the 6th of September, with damage,
having been in contact with the Brazilian brig Catao,
from Bahia to this port, which sank immediately after-
wards ; master and part of the crew saved ; two hands
and thirty negro passengers drowned.