The Sun.
London, England, 1856-05-05 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

The Liverpool Cotton Market on Saturday closed
quietly, but steadily at the current rates of Friday.
The sales were 6,000 bales,
_(500 for export and
1,000 on speculation), comprising in addition to
American, 90 Pernam and Maranham, 64c1. to 7d. ;
100 Bahia, 63d. to 6id ; and 1,500 Surat, 41.1.

to 4/d. per lb. The Railway Share Marke
closed at a decline of to per cent. on the quota,
tions of Friday.

The commercial intelligence received to-day from
New York by the steamer Washington notices the
arrival at that port of the George Law with nearly
a million and a half of dollars in gold from Cali-
fornia. The export of the precious metals to
Europa during the week ending April 12 was
limited, viz., 0,850 dollars, but according to the
weekly official returns of the City Banks, notwith-
standing the heavy receipts from San Francisco,
the stock of specie continued to diminish. Thus the
latest returns completed for the week ending the 12th
ult. show a decline i n this department of $755,000.
The other items of the statement when compared
with those of the previous week are unfavourable, an
increase of 878,000 dollars having taken place on
the loans and discounts. The market for Public
Securities was dull, the peace news received out by
the Baltic, from England, having been somewhat
anticipated. At a meeting of the Commissioners
of Emigration, it was stated that the arrivals this
year had been 10,823 persons against 18,966 at the
same period of 1855.

The Statesman has arrived off the Scilly Islands
from Geelong with 14,198 ounces of gold, valued
at 56,792/., but her advices have been anticipated
by the last overland mail. The Ellenborough,
from New South Wales, is also announced, but
she is not supposed to have any gold on board.

At the close of last week the Havre cotton mar-
ket continued quiet, without any sensible change
in prices. About 1,100 bales were sold by public
auction, and realised from 88f. 50c. per 50 kilos. to
93f. for ordinary very ordinary Louisiana, which
was favourable for the purchasers. The quotations
of New Orleans are for very ordinary 95f., low
'ditto 89f., and very low ditto 82f. The sales of the
week for all sorts comprised 8,609 bales, and the
arrivals were 10,745 bales. The stock on hand on
the 2d inst. amounted to 96,372 bales, against
68,726 bales at the corresponding period last year.
The quantity of cotton arrived at Havre from the
United States during the four months of the pre-
sent year was 31,457 bales, against 56,721 bales in
1855 ; and the number of vessels from Havre 27
during both periods.

Now that peace is concluded, and the prospects
of an abundant harvest are evident throughout
France, it is anticipated that the prohibition
against the distillation of spirit from grain in that
country will be rescinded this summer. This pos.
sible contingency, and that of a plenteous vintage,
has affected the principal spirit markets. At B
dean; Languedoc brandy of 86 deg. is now 143 f.
per hectolitre ; and fine beetroot spirit, first quality,
90 deg. strength, 106 f., being a decline of about 2f.
per hectolitre ; and contracts for June are effected
at 103 f. Wines are not much in request, and
average from 450 f. to 460 f. per tun for ordinary
qualities ; and inferior kinds, at public auction,
realise from 325 fr. to 375 fr., such as Fronsara.
The Money Market on Saturday was very tight,
in consequence of the liquidation of the large mass
of commercial bills which then fell due, the 4th
being Sunday. Although in several instances
some embarrassment was felt no failure of im-
portance was announced.

The English Stock Market is rather buoyant this
morning, in consequence of the increased disposi-
tion on the part of the public to make investments,
and the belief now confidently expressed that the
financial statement, to be published on the 19th
inst., will be of a more favourable character than
was at first anticipated, also tends to impart
firmness to quotations. The expectation that
only a small loan will be required has
been strengthened by the statement that of the
34,908,0001. voted for army services this year, not
more than 20,747,0001. will be necessary in conse-
quence of the return to peace. The inference is
that the other estimates will be similarly reduced.

The Funds this morning opened at an advance
per Cent., which has been fully maintained. Con-
sols for money have been 92; to 93 and, for ac-
account (the Bth inst.) 921 to 93, while
for June the value is 93i The New 3 per
Cents. are 92 to 924, and the Reduced, 1.
Bank Stock is 1 per cent. higher, viz., 211 to 2111.
The March Exchequer Bills are par, aid the June
ditto, Bs. to 49. discount. India Bonds are 103.
to ss. discount.

Foreign Securities are generally firmer, but the
business done has not been extensive. Mexican
Bonds have advanced to 221 I, Spanish Deferred
to 24i, and Turkish 6 per Cents. to 9713. Vene-
zuela Bonds are marked 281, ditto Deferred 12k.
Grenada New Active 18, and ditto Deferred 61.
There have been dealings in Austrian 5 per Cents.
at 84, and in Dutch Certificates at 931 to 94.
IR The following are the nominal prices of foreign
stocks :—Mexican, 2244 ; Peruvian, 77 9 ; Ditto 3
per Cents., 54 6 ; Portuguese 4 per Cents., 48 50 ;
Russian 5 per Cents., 104 6 ; Ditto 41 per Cents.,
94 6 ; Spanish 3 per Cents., 441 sg. ; Ditto De-
ferred, 24 5 ; Ditto Certificates, 51 ; Ditto Pas-
sive, 6i 7i.

Railway Shares are all at improved prices, but
the market continues quiet. Great Western,
Brighton, South-Western, and North-Eastern
Berwick are ss. to Ds. better. The Foreign and
Colonial Shares are very dull.

Banking Shares are firmer, and Australian Agri.
cultural have risen 10s.

BRITISH FUNDS THIS DAY AT (IN,' 'CLOCK.
(From the OP:la!

(tn...n,. done,

Bank Stock
3 per Cent. Redteed Annuitie5............. 91i
8 per Cent Consols Annuities
New 3 per Cent. Annuities ..... . 92i 2
Long Annuities, expire 50 Jan. 1860...
Ditto 30 Years, expire sth April, 1885 l7 1-16
India. Bonds, .ClOOO ........ .
_ _ _

SHARE MARKETS.

TuiS UAL)

RAILWAYS.

Closing Prices
Saturday

Bnainesa done
yesterday.

25i 26
4 4;

821 9
16i -
15i 16,
12f -- 13;

88 -- • .
59i 60
15i 16,

.

• •• -"'"' ~

16;
9 10
33 35
23 - 25

76 - 78
60 - 62

27i - 28,

88 - 92
7 - 8
94i 95 •
79 _BO
[2.5 . 127
LO2 1.04
61. 61/

:6 58

69 72
6 7i
5 64
871 884

6 7
101 103}
100} - 1001
d PI
d *
4
94i 9541

• • • '''''
lillf

27i 23i

73i - 74
42 - 44

13 -13 A

53 - 55
3i - 3t'
34i .

771 - 781
61 51,,
3/ - 3f
l 5 16
55 56
87 91

ylO
IC3
3, 1.4

61 60,
51 64
104 101

26 - 28

03 105
75 - 77
45 '7
14 15
70i - 714
71 - 73
4 - 2
9 7
:36 37

11
12

19i - 201
4i 5

6i 7i
6 8
14 - 2#
5 - 5iP

- 7

ON.

20
5
30
Is

8 8t

par 2 p
6 6.tt,
2 2I•
33 4 ri
- 1.

41j - 42

?,0
.C.lO

- .231
22i - 2ti

.. -- ...

.94
1.5 i 161

74 76
85 fv;
10 10i,
211 -22 t
61 71
31 - 3

23
9911220 1
5 11 2705

log 109
25 26
124 -- 128

.... • • pt.'
12 12i

101 ••=2O
11
par

7 - 7i
5i - 6]
43,± - 44
1.2 i L 2:

Ditto, under 11.000 5 10 d
Consols for Account
Exchequer Bills, 20d. March. June.
£1000
£5OO — I 8 d
gmall
Ditto Bonds, 1858, 30 per Cent. 971
PRICE OF FOREIGN FUNDS AT ONE O'CLO• K
Grenada New Active, 1i per Cent.
Ditto Deferred 6l
Mexican 3 per Cent
Ditte Account
Russian Bonds, 1822, £ St., 5 per Cent —
Ditto 4. per Cent.
Spews) Bonds, 3 per Cent
Ditto New Deferred, 3 per Cetit.
Ditto Account
Turkish Bonds, 6 per cent
Ditto Account 97a
Venezuela Bonds, 41 per Cert 2BO
Ditto Deferred, 10 per Cent. ....
o'' r' above • avghle 1r 14,nArn,
Austrian Bonds, 10 Gun., £, 5 per Cent. 84
Dutch Exchange, 20 per Cent., 12 Guilders
Ditto 4 per Cent. Certificate
4IIARTER PAST TWO.
Consols for Money 92i 93
Ditto Account (June) ,.. 93f

)0
! 6
20

8 - 9
571 -

ii - Ei

RETIREMFNT OF Ma. F. R. WEST, M.P.—Mr. F. R
West, M.P., has issued an address to the burgesses o
the Denbigh boroughs, in which he states that the
state of his health renders it incumbent upon him to
abstain from seeking, at a future election, the honour of
again becoming their representative.— Carnervon Herald.
THE LONGFORD ELECTION.--The nomination is fixed
for the 13th inst. The Hon. King Harman is expected
to stand in the Conservative interest. Mr. George
Henry Hughes, ex-Solicitor•General, is gone to L..ng-
ford to try his fortune once more. Alderman Reynolds
has been there bef,re him, but the opinion here is his
honour will not go to the poll. Mr. Harman has a rea-
sonable chance of success, for the people in the county
Longford have no especial regard for mere place hunters.
The election for a member of Parliament for Chelten-
ham is about to take place immediately. Mr. Grenville
Berkeley having accepted a commissionership of Cus-
toms, which causes an unexpee ted vacancy in the re-
presentation of the borough. A meeting of Liberals in
the Berkeley interest was held yesterday afternoon at
the George Hotel, when the fact of the present member's
retirement was communicated to his friends and'at which
it was resolved to bring for ward Capt. F. William, son of
Admiral Berkeley, as Mr. G. Berkeley's successor. A
Conservative candidate is expected. The nomination is
fixed for Wedneslay,—ClocucMorn Looker-on. 1

is 2a

llt - 12
9i -
2 - 2A

•.. ...
." - pm

ii 2 6

36 = 36,

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THE SUN, LONDON, MONDAY EVENING, MAY 5.

Clo.in
Saturday.

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