The Sun.
London, England, 1857-01-01 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
There was no change of importance in the Liver-
pool Cotton Market yesterday, and prices were
rather firmer. The sales were 10,000 bales.
The usual French mails have been detained for
the Overland Mail, but the letters are expected in
the course of the afternoon.
The John Bunyan arrived from Sydney, bringing
27,000 ounces of gold, valued at 108,00 W. A
further portion of the gold per Red Jacket, viz.,
64,0001., has been taken to the Bank of England,
and, although the next weekly return will no doubt
show a decline in the bullion, owing to the late

efflux to Ireland, its successor may be expected to
exhibit an augmentation. There is still, however,
a good demand for the Continent, where an active
business is yet carried on in silver ; but as these
operations are almost certain to continue a steady
exportation of gold from this side is fully antici-
pated.
During the year which terminated yesterday
some very remarkable events connected with
finance and commerce have occurred; but although
many of these have been of an adverse character,
and at the time exercised a powerful influence, it is
satisfactory to know that the course of trade has
been uninterrupted, and, that in spite of a serious
monetary crisis, the general state of credit is unim-
paired. The failure of the Royal British Bank,
and the Tipperary Bank, as well as the greatly
deplored frauds of Redpath and Robson, are cir-
cumstances which check the feeling of satisfaction
which would otherwise result from a rapid glance
at the progress of affairs during 1856 ; but at the
same time, when we consider the immense facilities
that exist, there is cause for congratulation that
such fraudulent transactions are not more frequent.

The Board of Trade Returns show an extraor-
dinary expansion of business, and as the list of mer-
cantile failures has not been above the average of
former years, it is reasonable to infer that remune-
rative profits have been secured. The Revenue,
too, is highly encouraging, and the returns just
published have excited general satisfaction.
During the past twelve months the cessation of
the war naturally acted as an incentive to specula-
tion, and at one period the dealings at the Stock
Exchange were immense. Latterly, however, the
markets have become more tranquil, tho restrictive
measures of the Bank having dictated caution in
the prosecution of speculative dealings. The range
of fluctuation in Consols has been 10 to 11 per
cent. ; in some of the English Railway Shares it has
amounted to 20 and 25 per cent.
As there are now decided symptoms of improve-
ment in monetary prospects, and the Directors of
the Bank have been enabled to extend their dis-
counts and modify the terms, there is reason to
believe that additional ease will now be experienced,
and that the course of commercial operations dur-
ing the new year will be satisfactory to all parties
concerned.
One of the firms to whose embarrassments we
alluded yesterday is that of Mr. G. B. Rocco, and
the liabilities are estimated at 50,0001. The other
establishments will, it is hoped, be enabled to
arrange their difficulties and continue their trans-
actions.

The market for English Securities is firmer, but
the transactions are still very limited. The favour-
able Revenue Returns, and the general expectation
of additional ease being felt in the Money Market
before long, have imparted a slight degree of
buoyancy to the market. Consols have been 941
for the present account, and 941 for the February
account. The New 3 per Cents, are 941 8, and
the Reduced 94k e. East India Bonds have been
2s. discount to 2s. premium, and Exchequer Bonds
under 5001., 98i.
Very few transactions have been entered into
this morning in the Foreign Stock Market, but
prices have ruled steady, and Turkish 6 per
Cents. slightly improved, being marked 951 to 96.
Portuguese 3 per Cents. ex. div. are 431. Russian
41 per Cents. 951 ex. div. Spanish Committee's
Certificates 6, and Dutch 2i per Cents. 64;
ex. div.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 7 ; Mexi-
can, 21i 2 ; Peruvian 41 per Cents., 77 9 ; ditto
3 per Cents., 54 6 ; Portuguese 3 per Cents.,
43 5 ; Russian 5 per Cents., 106 8 ; ditto 41 per
Cents., 94 6; Spanish 3 per Cents., 40 41; ditto
Deferred, 23/ 4 ; ditto Certificates, 52 6 ; ditto
Passive, 51 6.

The last week's railway receipts, ascertained up
to this day, are in round figures as under :

1856.
Great Western
North-Western
South-Western

1855.
£23,904
55,499
12,641

Brighton
Midland

12,752
31,469

11,073
28,253

South-Eastern
Caledonian
Great Northern
L incashire and Yorkshire
Pristol and Exeter

11,609
12,541
27,855
22,609
6,111

18,036
10,832
27,347
20,601
7,653

Chester and Holyhead

Lancaster and Carlisle

Manchester, Sheffield, and Lincoln
North Stafford

North London

Shrewsbury and Chester
Edinburgh and Gla.gow
Scottish North-Eastern
Grand Truck of Canada
Great Western of Canada
Northern of France

4,395

5,728

10,104
7,502

2,240

3,400
5,244
3,100
10,578
13,075
36,904

5,133

6,022

9,501
6,118

1,978

2,767
4,708
2,974
5,726
11,018
36,417

There has been a good business done in the
Railway Share Market this morning, and prices
have ruled very buoyantly. An improvement of
about I to 1 per cent. may be quoted on some of
the cheap lines. East Lancashire, Edinburgh,
Perth, and Dundee, Great Northern, North-Wes-
tern, Midland, North Eastern Berwick, and South-
Eastern, are about ss. to 10s. higher, and South-
Western and North Eastern York, 10s. to V. Od.
Paris and Lyons have improved about it., and
Lombardo-Venetian, 1/. ; Great Central of France
ss. Grand Trunk of Canada are 57 57h, and
Great Western of Canada 25.
Joint Stock Bank and Miscellaneous shares rule
very well. Ottoman Bank improved ±. Electric
Telegraph brought 91, being a decline of 1/., and
Peninsular and Oriental New Shares are 141.

BRITISH FUNDS THIS DAY AT ON O'CLOCK.
(From the Officta List.)
Itnslnes[e done
3 per Cent. Reduced Annuities 94s
Now 3 per Cent. Annuities
incite. Bonds, £lOOO
Ditto, under £lOOO 2 d 2 p
Console for Account

Exchequer Bills, W.
£lOOO . —

£590

PRICES OF FOREIGN FUNDS AT ONE O'CLOCK
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent 43i z d
Russian Bonds, 182'2, St., 5 per Cent —
Ditto, 4) per Cent.
Spanish Committee Cert. of Coup. nit fun 6
Turkit.h Bonds, 6 par cent
Ditto Account 9si 6
eirla the above oavable in Londnn
Dutch Exchange, 2 per Cent., 12 Guilders 64} x d
Consols
TWO O'CLOCE.
..................................
Ditto Account
.............................. . 94i
Ditto (February) .......................... 94A

shape of a lottery scheme
t
13
New York. The tickets for this
gaadnitsiac discovered
a in t
t, enterprise" had been scattered widespread throughout
had been bege;
the country, and must have cleared for the proprietors
many thousand dollars. This lottery gave even less
than the average chances to the subscribers, inasmuch as
there were no prizes at all. Diligent inquiry was made
in New York for the chief office of the institution-..
but it, too, was a blank. • A person named Hamilton
was non-resident director, and a fictitious firm, called
Manchester and Co., the agents. The scheme professed
to be the " Consolidated Lottery of the State of Dela-
ware."
THREE BOYS KILLED BY THE FALL OF' AN ARCH. —On
Monday afternoon three boys, aged from 9 to 11 years,
were kill( d instantaneously while playing under an
arched stable at Blackburn. It appears that a large
quantity of sand had been removed from under the arch
to the depth of six feet, and three feet below the found?.
Con, and the boys were playing under it when it fell in
upon them, along with the stable floor. They appeared
to have entered thr3ugh an opening which was made for
the purpose of throwing out the sand. A person saw
the arch give way, and called out to the boys, but they
were unable to get away in time. A horse that was in
the stable also fell upon them, but it was not much in-
jured. The boys were extricated as soon as possible,
but they were all quite dead.—Manchester Examiner
anci Times.

274
22
25

it.
5)
4t.
St.