The Sun.
London, England, 1856-01-19 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLoex.
The Liverpool Cotton Market yesterday con-
tinued buoyant, owing to the prospects of peace.
The sales were 12,000 bales, of which speculators
and exporters took 4,000. The Railway Share
Market was more active, and prices had an upward
tendency.
The Bank of England Returns for the week ending
th• 12th inst. are of rather an unfavourable cha-
racter, and the drain of bullion has continued.
The other securities, however, show a material
falling off, and in some of the other items the
change is of magnitude. The advances made to
the Government, and the liquidation of the half-
yearly dividends will account for some of the varia-

tion.
Active Circulation
Increase 486,495
Bullion .. 10,416,951
Decrease 119,958
Rest 4 3,330,673
Increase 45,350
Public Deposits i 3,638,609
Decrease 1,875,926
Other Deposits
Increase - . 1,359,668
Seven-Day and other Bills
Decrease 5,921
Government Securities 13,413,459
Increase 2,585,944
Other Securities 17,415,554
Decrease 2,456,320
Notes unemployed 4,887,005
Decrease 633,370
On the Paris Bourse yesterday there was a
further rise in the 3 per Cent. Rentes, of 60 cen-
times for money dealings, and 75c. for the account,
making a total of 4f. 40c. and 4f. 85c. since the
receipt of the intelligence from Vienna, respec-
tively equivalent to about 4i and 4i per cent.
Bank of France Stock has improved 150 f., and
shares of the Credit Mobilier 185 f. In the Railway
Share market there was an average rise of 75f., the
highest being Orleans, 100 f. I

While the pacific news has advanced the quota tla
-
Bt
!ions of all kinds of public securities, it may have 3t:
a depressing effect upon the grain market. As yet to
no market has been held in this country ; but, it
judging from the effect it has had upon the R.
French markets, it is likely to be con- tos°
siderable. In the Paris market for flour 25
there was the utmost excitement amongst 25
the sellers, and so much confusion prevailed 25t.
that it was difficult to ascertain the actual fall 815
'which had taken place. At a fair average this is-C:
cannot be less than 3f. per sack, of 157 kilos., on 3t:
fiour of all qualities. The best hinds which sold 50
during the early part of the week, at 106 f. for de- 68
livery this month, were offered at 104 f. without 2E
finding buyers. Those who had entered into ar-
rangements to purchase at 108 f. for delivery, in
February, at 3 and 4 months' date, have been con- Bt.
aiderable losers by the change in the market. The V.
bargains entered into for longer dates than the 16
Current month, were of the most speculative de-
scription, sales for delivery in March were said to 8
have been effected at 102 f. and 103 f. No particu 26
-
lars of the effect the recent intelligence has had 25
in the prices of wheat and other kinds of grain has 50
t.
yet come to hand. Q

The rates at which 3 months' bilis were nego-
tiated yesterday afternoon on the chief cities of
the Continent were without any particular altera-
tion, but the tendency was in the direction of a
decline.

The English Funds have been quiet, but the
prices are steadily supported, and the unfavourable
features presented in the Bank of England return
have exercised very little depressing influence.
There is rather less speculative dealing ; but on
Saturday the business transacted is generally of a
limited description. The quotations in the early
Part of the day were rather heavy, Consols
being 891 for transfer, and 892 to 90 for the ac-
ecount, but they have since improved, and the
closing values are 90 to for the former, and 901
for the latter. The New 3 per Cents. have been
IN to 91, and the Reduced 8n to 90/. Bank
Stock rose to 210, and India Stock was marked
218. Exchequer Bills were Gs. to 2s. discount, and
adia Bonds 2s. discount.

Although the dealings in the Foreign Market
have been less numerous fuller rates have in
some cases been obtained. Turkish 6 per Cents.
have risen 11 per Cent., namely, 88g. The small
bonds have risen to 881, but the New Scrip after
having been 1k is marked 0J discount. Belgian 4i.
Per Cents. have been 93, Mexican 20 to 20k and
Buenos Ayres 56. Portuguese 4 per Cents. are 46k.
Russian Fives have remained at 100, but the 41
Per Cents, have advanced to 891. Sardinian 1 per
Cent. higher—namely, 86 to 861. Spanish 3 per
Cents, have been firmer at 40k, the New Deferred
221, and Certificates were quoted 4/.
The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds, 61 7 ; Mexican,
191 20 ; Peruvian, 75 7 ; ditto .3 per Cents., ;
Portuguese 4 per Cents., 46 8 ; Russian 5 per
Cents., 97 100 ; ditto 4i per Cents., 86 9 ; Spanish
3 per Cents., 39i 40 ; ditto Deferred, 224 ; ditto
Certificates, 4 5 ; ditto Passive, 6i 7.
The Directors of the Port Philip and Colonial
Gold Mining Company have received advices from
their resident Director, dated Melbourne, 17th
October last :—" I notice what the Board states
on the subject of quartz crushing. I have already
named that Mr. Thomson is now at Mount Black-
Wood, examining the quartz reefs in that neigh-
bourhood, and I hope to have his report in time to
forward by the Champion of the Seas. I have made
inquiries on this subject from parties engaged in this
description of mining who bring gold to this assay-
office, and Pam decidedly of opinion that there is
good opening for the company to prosecute the
business of quartz crushing in some favourable
situation where mining may be carried on, and
the quartz raised by others either purchased or
crushed, and amalgamated at either a rate per ton
or a share of the produce. The success of this would
'a a great measure depend upon the power and
efficiency of the machinery ; none has, I consider,
as yet been erected there efficient for both pur-
poses; they fail principally in the amalgamating pro-
-788. Of the material to work upon there is abun-
dance, varying very much in value, but in
80Ite instances, I have no doubt, worth carting
clown for shipment to England. Should the com-
pany desire to enter into this business, they need
not fear being too late, as the extent to which the
luartz veins are now being worked will for a
time do little more than prove which are the richest
Places, and enable those working afterwards to
Profit by these extensive trials. Specimens of
auriferous] quartz, containing also copper, have
lately been exhibited here, found, it is said, be-
tween Geelong and Balaarat, about 25 miles from
the former place.
For Railway Shares there has been a et:ady kemar-
Great Western have risen V. to 21., and the
Stock about 21., but South-Eastern have been
l'ather flat. Foreign Lines have remained at pre-
Ilene prices. East Indian Extension are ss. higher,
and Great Western of Canada have ruled firm.
CMining Shares have been inactive, but Joint-
tock Banks are at full rates, and the Miscella-
lleens have supported yesterday's range.

BatTISH FUNDS THIS DAY AT ONE 0 CLOCK.
(Prom the Ofscial List. 1

Thissne. • done.
Bank Stock
3 Per neat. Reduced Annuities 9O/1 89if 901
~174'r Cont,Consols Annuities 891 i 4.1 4 90i 93
0
...ow 3 901 1
Per Cent. Annuities .
75 i• 23/4 per Cent. Annuities
"oiliF Annuities, expire sth Jan 1860..... 31
'lto 30 Tears, expire sth Jan., 1860... 31
India Stock
t Bonds, £lOOO
...Ditto, linder £lOOO 2 d
voU
witi tor A.ccouut
E (chequer Bills, 21d. .... 90 891 90a
£lOOO .
q_
_..
.............. ... ....
rnall ........... .
Ditto Bonds, 1858, 31 per Cenb 97A
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Buenos Ayres Bonds 6 per Cent 56
litexican 3 per Cent.'
Ditto Account ..
20
Portuguese Bonds, ' ........................
Ditto 4 per Cent .
5 per Cent., Con. 1841
. . ~
Aussian Bonds46o
, 5 Per Cent., 1822, £ St lOO
Ditto 41 per Coot
881 8 91
Sardinian Bonds, 5 per Cent, ... ..
.......
' —
Ditto Account ................... 861 6
ihmknish Bonds, 3 per Cent . ,
Ditto New Deferred, 3 per &;;i:
Ditto Account .... • .............
.. . 224
Spanish Committee Cert. of Coup, .. . ill' "• 14 ..
xurkieh Rends, 6 per:cent ................. n,
' P c
Ditto for the Account ..................
'Atte. Small .... ! ..................... 88
~,Ditto New Scrip,— ...
. per Cent. .............
Ditto
Account .. IO 01 d
A Dividends on the above payable in London.
`lgian, 2. per Cent., ex. 25 francs
Ditto 4i per Cent.. cx, 25 francs ......

TWO O'CLOCK.

Console
Ditto (February) vecr^.9as 9011

5
5
20
10

20i
20
100

100
100
100
20
20