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

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
The Liverpool Cotton Market yesterday was
steady throughout, and prices were well supported
at the advance noted yesterday. Iu 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 hand, however, the increase in the re-
serve of notes and the falling off in the other
securities are favourable features. The low point
t° Which the public deposits have been reduced will
4ccount for the new loan being announced at such
114 early period in the session.
Active Circulation
Decrease
Bullion .

... £13,803,375
... 317,260
... 10,613,719

Decrease
Rest
Increase
Public Deposits
Decrease
Other Deposits
Decrease
Seven-Day and other Bills ...
Decrease
Government Securities
Decrease
Other Securities
Decrease
Notes unemployed

, .
92,157
3,492,520
82,438
3,683,327
99,552
13,049,256
758,002
798,031
17,849
11,442,361
670,000
17,868,429
348,068
5,604,501)

Increase 192,515
Accounts from the Vienna Bourse mention that
`lirierous and - large purchases have been made
during the last few weeks in the Austrian Funds
"11 account of foreign capitalists, and that the re-
laittances, in payment for the same, have in-
Vencedl 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
'414 of peace being established, there is a pro-
1'
kot of the State Bank notes being on a par with
4101:ley; and probably the Bank may be able to make
cle payments. Such a result would place Aus-
ha in a better position, with regard to the adjust-
ment of the metallic currency throughout Germany,
fur at present this is so limited, that her voice in
t, reform project is of less moment than some of
1:1,0 petty states. On the -the 5 per Cent.
Tank.:
are firm at 83-1, and shares of the New
Tai.ak, of Credit have advanced 3 florins, to 288 k.
The axchan,,ee on London is 10 florins 18 kreutzers
the pound sterling.
Cirom Madrid advices come to hand announce
),,a',the Government do not intend bringing for-
Cra the proposal to convert the floating debt of
h..Pairi into consolidated funds until the Cortes
sere voted the several items -of the budget. In
ting so the Government appears to have eon&
aca in-the peace negotiations, and that the funds
.
al. rise under their influence, as well as from the
abundance of capital in Europe.
114431 consequence of one or two influential jobbers
beling sold largely yesterday morning immediately
bei9ra the announcement of an intended loan, a
to lei Was generally entertained among the mem-
t.rl of the " House" that the Government broker
ta‘ti been guilty of a breach of faith, and communi-
hited the particulars of the notice to some of
bs friends. This impression was strengthened
113' the fact that the announcement was not made
20 minutes past 11, and Messrs. Mullens,
tb4r3llall, and Co., were compelled in consequence
appeal to the Committecof the Stock Exchange,
rhos
10 after mature consideration, came to the fol-
n,..li]g resolution :
1/4:;TJie Committee is of opinion that Messrs. Mullens
marshall were entirely ignorant of any communica-
rcZ,between the Treasury and the Bank of England,
sotva to the proposed loan, before it was cominuni-
to the Stock Exchange, and, consequently, could
tiorluave expressed any opinion founded upon informa-
4t, „ft' acquired.—By order of the Committee of the
"e• Exchange,
(Signed) "GEO. WEBB, Secretary."
er'Llt,e. dealings in the Stock Exchange have been
Y- Limited in extent, the speculators, after the
w.ellt excitement, preferring to await the particu-
C of the new loan before renewing their opera-
th.llB; still, however, the tendency of the market
morning has been in the direction of a
thB,qt recovery. As most parties were aware
11 further financial operations would be
444‘
~vcidable a fall of 11- per cent. is scarcely justi-
hi by the notice given yesterday by the Govern-
we"'
11t broker, only that it came much earlier than
foB,. anticipated, and when the transactions were
an advance in prices. It will be remembered
illikt.t.,llPon the last occasion the measure was delayed
*,ll April, and the present Government operation
or" riot looked for until the end of next month
th the beginning of April. The consideration of
ioe Probable amount of the loan, and the mariner
t. Which it will be taken, has obsorbed chief atten-
d during the day, awl the communication to be
,1°
alcie on Monday next is looked for with consider-
le anxiety. Consols for money opened at 90i
but
te improved to 901 The account prices, after
ofillg 90/ 4-3, and 90i ft, recovered to 90i .3, an advance
dPer cent. upon yesterday's closing rates. The
ew Three per Cents. were 91! to and the Re-
ed- 90c I. Exchequer Bills were dull at ss.
count, and India Bonds at 3s. discount.
Foreign Securities continued dull. Turkish 6
Ile rn Cents, ruled flat at 931, and the 4 per Cents.
41 to 100. Dutch 21 per Cent. Guilders were
eGranada Deferred, 6/ ; and Dutch per
_.
64. Russian 5 per Cents. rose 1, being
11:4. Spanish Deferred were 231 1, and the
ViiVe 61.
Railway Shares have generally rather improved
g;,,e,ompared with the latest prices yesterday.
''''and have risen ful y 10s., and Great Western
to 10s., Paris and Lyons are steady, and also
great Western of Canada.
o eobre Copper Shares are lower, but Miscellane-
114 Shares are firm.
,h
following are the nominal prices of Foreign
20c,i'k8:—Grenada Deferred Bond 4, 61. 71; Mexican,
41 ; Peruvian, 79 81 ; ditto 3 per Cents., 55 57 ;
...rttiguese 4 per Cents., 47 49 ; Russian 5 per
g",stita.. 104 6 ; ditto ,A per Cents., 92 94 ; Spanish
Ver. Cents., 42k ; ditto Deferred, 23k ; ditto
ertificates, 41 5 ; ditto Passive, 61 1.
New Banking Shares are rather firmer.
to"h"°Man, 1 to 1i ; Bank of Egypt, 11 to 2 ; Dis-
-lits,

BR rn. ~.
s'a• AIM FUNDS THIS DAY AT ONE O'CLOCK.
( From the Official List. i
a „ Tlnglne, done.
a for Cent. Redrced Annuities.....
Nit'q Cent. Consols Annuities 9o# I # 00 i i
1,,* 3 Per Cont. Annuities
Lig Annuities, expire sth Jan. 1860...
I,,L'ittu 30 Years, expire sth April, 1885... 16$
'I! Bonds, £lOOO
,II
Cp.:tan, under £lOOO 3 d
ole for Account
4tchequor Bills, 2id.
gl000
;lir all par
Bitto Bonds, 1858 3i per Cent 93
'Ditto 1859 93
PRICE •• • •
OF FOREIGN FUNDS AT ONE O'CLOCK.
13 +
11
4', Exchange, 2i per Cent., 12 Guilders 64
Grenada New Active, 1 per Cent. -
Ditto Deferred ' 64
attlisaian Bonds, 5 per Cent., 1822, £
St losi
Innuen Bonds, 3 per Cent
Ditto Yew Deferred, 3 per Cent.
Ditto Account
it, Ditto Pasnive
.Arki,h Bonds, 6 per cent - - • 931
Ditto Account
Ditto Guaranteed, 4 per Cent —
Ditto Account 99i 103
Illvtdende on the above.oaynble in London
1311101 Exchange, 24 per Cont., 12 Gull ... 64 1
TWO O'CLOCK.
Consols, money
Ditto Account /_. 90$

THE IRIsR SOCIETY.—On Thursday, at the Court of
"tamon Council, Alderman Humphrey was unani-
!lonely elected governor of the Irish Society, and Deputy
I:osenley, deputy-governor.
THE PEACE CONFERENCES AT PARIS.—The Earl of
orparendoa left London by the 1.30 .m. train to day
'Boulogne', era route for Paris, in order to assist at
I.lle diplomatic conferences about to he held it, that capi-
-- The noble Secretary of State for Foreign Affairs
`948 accompanied by the Countess of Clarendon. His
xoellency Lord Cowley during the last three days has
hqd protracted interviews with both the Earl of Caren-
uoll and Viscount Palmerston. His Excellency left
ignulon to-da for Paris to resume his diplomatic duties
14t the Imperial Court. The Hon. Julian Pane, attached
ta the Earl of Clarendon's mission, left town on Thurs-
‘l, ler Paris. and the Hon.' Charles Spring Rice, Mr.
Vivian, Mr. Bidwell, and Mr. Villiers Lister, of the
~oreign-office staff, left London yesterday for Paris.
'-be Hon. Spencer Ponsonby, private secretary to the
tbbla earl, also departed for Paris to-day.
The Gazette repairs an earlier omission by publishing
411. extract from. a report from Lieut.-General Sir R.
pParacres, K.C.8., to Field-Marshal Lord Raglan, as fol-
a:—" Camp, before Sebastopol, May 30, 1855. My
forwarding Lieut.-Col. Warde's report on the
aanduct of the Artillery officers during the second bom-
bardment of Sebastopol, it in only left for me to express
entire concurrence in all be has said ; but let me in
say
addition how much I am indebted to Lieut.-Cul.
•
'verde for his unwearied exertions in arming the bat-
teries, and his great attention to all the duties he bas
h adto perform ; or to speak too highly of Lieut.-Col.
Dickson, Capt. Oldfield, Brigade-Major Reilly, and the
° adjutants, Lieutenants Lyons and Ruck-Beene.
These
have all come under my immediate notice. I
dust in conclusion not omit to mention the gallantry of
the non-commissioned officers and men, which could not
a surpassed,—l have, ac. (Signed) R. Dacres,
Bri-
gadier-General Commandin, Royal Artillery. His Ex-
cen.zillencY rield-Mirplal laid Raglan, Coratuaandevin.
waief,