The Sun.
London, England, 1857-01-21 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE. Shr.

CITY, Two o'CLocK.

Advicea from Liverpool state that the Cotton
Market yesterday closed steadily, and prices were
quite as firm as those current last week. The sales
were estimated at 6,000 to 7,000 bales, 2,500 of
Which were taken for speculation. The Railway
Share Market closed with less animation, but the
quotations remained without any alteration from
those current on Monday.

The accounts from the manufacturing districts
generally represent trade as being quiet, in conse-
quence of the enhanced price of cotton. At Not-
tingham manufacturers have not yet commenced
active operations for the spring demand, but they
seem very confident of increased animation before
long. The inquiry for woollen cloths at Leeds is
steady, and an accession of orders has produced
confidence in the future.

In the rates of exchange for three months' bills
on the Continent, yesterday afternoon, there was
no alteration of importance. _ . .

About 50,0001., or according to another state-
ment 80,0001., in gold, was taken from the Bank
of England yesterday, for transmission t• the
Continent, in payment for silver. This continued
drain naturally excites a little uneasiness lest the
Directors, with the view of arresting it, are again
compelled to advance the minimum. This absorp-
tion of gold is owing to the speculation in silver,
which has been increased by the demand for the
East Indies, and it is fortunate, therefore, that
the requirements of the Bank of France are
comparatively limited, otherwise the stock of
the precious metals would be even more seriously
affected. As it is, however, the aggregate -has
gradually diminished since the Bank rate was re-
duced from 7 to 6 per cent., and it cannot now be
much above the point at which it stood when the
authorities established the former quotations.

At the half-yearly meeting of the London Life
Association, to-day, the accounts were read and
passed unanimously.

The pressure for discounts having recently been
rather severe, many parties are prepared for the
addition of per cent. to the present terms On
the other band, however, it is thought that these
Purchases of silver will soon be less extensive, and
as affairs in Paris are apparently recovering there
is an expectation in most quarters that the ten-
dency in the terms of discount will be rather in the
contrary direction. To-day there is a full demand
for discounts at previous rates.
The advicea from Paris mention that it is gene-
rally expected that the Council of the Bank of
l'rance, at their sitting to-morrow, will take into
Consideration the propriety of obtaining a complete
alteration in the constitution of the establishment,
which would involve an increase of its capital from
the present inadequate amount to 250,000,000
franca. This subject has been much canvassed for
aeveral months past, and it is now likely to receive
the full consideration of the Government.
Although business in Public Securities is very
quiet, the quotations are steadily supported. This
morning the variation has not exceeded per cent.,
and very few transactions have been recorded.
Consols for money are marked 934 e, and for
account 93 4. Exchequer Bills have returned to
their recent value, viz., 2s. discount to 2s. prem.
Bank Stock is fiat, being 216 to 211. The New
3 per Cents. are 94 to 94k, and the Reduced 93;
to 94,

More firmness is apparent in some of the Foreign
Securities, but Turkish G per Cents. are at merely
nominal rates, viz., 95 to 95/. The 4 per Cents.
for the account are 1031. Spanish 3 per Cents.
have been 40 . Russian 4i per Cents. 94.
Portuguese 3 per Cents. 63k, and Dutch 2i per
Cents. 64k.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 7 ; Mexi-
can, 21i ; Peruvian, 78 79 ; ditto 3 per Cents.,
65 6 ; Portuguese 3 per Cents., 43 5 ; Russian
6 per Cents., 106 8 ; ditto 4 per Cents., 95 7 ;
Spanish 3 per Cents., 40 I ; ditto New Defet7red,
234 ; ditto Certificates, 51 6 ; ditto Passive,
6'2 6'

The Railway Share Market has shown very little
animation, and an exceedingly small amount of
business has been transacted. With the exception
of one or two lines prices have remained steady.
Chester and Holyhead declined 55., Lancashire and
Yorkshire 55., and Midland about ss. In the
French lines no business whatever has been re-
ported, and the Canadian are inactive. Geelong
and Melbourne improved about ss.
'Joint-stock Bank shares rule dull. Bank of
Australasia have declined 11., and Oriental Bank
ba, Union of Australia advanced ss.
For Miscellaneous shares there is little demands
and prices are unaltered.

BRITISH FUNDS TFITS DAY OT ONK trCLOCK.
(From the Offictal List.)

Bank Stock Rupees, done
216 17.
3 per Cent. Reduced Annuities 934 1 4
2 rtr Cont. Consols Annuities 93{ i
New, 3 per Cent. Annuities 94 1 4
''''.g Annuities, expire sth Jan. 1860...
Ditto 30 Years, expire sth April, 1885... 18 1.16
Console„, for Account ...... .. 938 i
-"xellegner Bills, 2;d.
£lOOO
... ......
£5OO
Bmall
'PRIORS OF FOREIGN FUNDS AT ONE 0'01,0( K.
I.6rtuglics• Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent
Russian Bonds, 1822, £ St., 5 per Cont —
Ditto, 4i per Cent.
"'Pauli h Roads, 3 per Cent
Turkish Bonds, 6 per cent —
Ditto Guaranteed, 4 per Cont.
Ditto Account ... 1031
. ....
ruvioen,i, on the shove payable In Lona( n.
french Rentes 4i per Cent. —
Ditto 3 per Cent.
Dutch Exchange, 2i 68f. ex 25f. 20c.
C per Con;., 12 Guilders 64f
onsol!, money
TWO (YCLOC E.

Ditto ACcottnt-
9931

LLOYD'S SHIPPENII.—(This Day.)

LONDON, Jan. 21.—Wind at no"
i'LW.—Light breeze
and cloudy weather.
r,ol:::!_efOr;arbadoes.
PORTSMOUTH,2O.—Wind
liven—William Hammond. from London. '..Vir•—Ar -
PLYMOUTH, Jan. 20. Off the
Batavia, for Amsterdam. 4 manglen, from
FALMOUTH, Jas. 20.—Wind S.W. to N.N.E.—sailed—
London, for Carthagena.
TORBAY, Jan. 20. —Wind variable.7Arrived—T.
from Shields, for Civita Vecchia. Sailed—Lopes, for -§3t)
Michael's.
SHIELDS, Jan. 20. Wind W., fresh gale.—Arrived—
Sunbeam, from Carthagena. Sailed—John Moore, for
Carthagena.
DOVER, Jan. 20.—The capsized brig, whiF,ll got en.
tangled in the Harbour of Refuge works while in tow of a
steamer on the 18th inst., has been much broken up by
the strong wind to.day, and will probably go to pieces
unless the wind abates.
LIVERPOOL, Jan. 20.—The Clothilde? for Rio Janerio,
drove foul of the Union, from Valparaiso, but was not
injured ; the latter lost steering wheel, quarter boat, &c.
BERWICK, Jan. 20.—The Robert and Jane, of Newcas•
tle, struck on the rocks this morning and became a total
wreck ; crew and part of materials saved.
ROTTERDAM, Jan. 200—The barque Pranklin, of Exe-
ter, has been taken into Bronwershaven a derelict.
Tian, Jan. 19.—An Englis barque is stranded off Ca-
landsoog, and has been abandoned.

(PEE ILIOTE, 0 TELEGRAPH.)
SOUTHAMPTON, Wedneeday, 10 a.ni,

Wind N.W.
.
Arrived, 20th—Flora and Cicely, from Sunderland ,
Newc as
Purveyortle ~ Swanage; Charlotte, Guernsey;
Arrived, 21st—Le Coq, from Cherbourg.
Sailed, 20th— New Express,
nett, Cardiff. Newport ,
Cumberla'nd, for • Edward Bar- 1.00
100
Lrrzaroon, Wednesday Morning. 100
20
20

Wind W.
Arrived—Eliza Fox, front St. Michael's.
ma Saile
stea merd—Annie R,aydon, for Melbourne ;
il , Africa ; Candace, royal
Ida New Orleans.
QuErNsTowN, Jan. 19.

Wind S.W.
Bordeaux ; Flor
Sailed—Ladya, Lisrt, f Hobaor Ascension; Hansen Gregory,
bon.

(BY SUBMARINE AND BRlTisit TgrEGRApH.)
GRAVE6END Wednesday, 9.56 s.m.
one hour's ebb; cloudy.
Wind N.W. ;
from Faro ; A.berdine, Guernsey ;
Arrived—Sylph,
New Brunswick.araoes.
Alida, St. John'g,
Sailed—Glamire, for B b d
DEAL, Wednesday, 9.25 a.m.

Wind W.N.W., light.
Passed, 20th—Majestic, from New York, for London
Anchored—LaAitia, from Riga, for Lisbon.

50
Alderman Fry, a wealthy and highly-respeeted
tner- i
1100
chant of Dublin, died on Sunday last at an advanced age, 1 100