The Sun.
London, England, 1857-01-30 00:00:00

M ONEY MARKET

AND
001trEmcIAL INTELLIGENCE.

CITY, Two O'CLOCK.
Letters from Liverpool state that the Cotton
Market yesterday close 1 quietly but steadily, and,
compared with last Friday's rates, prices of Ameri-
cans under 7d. per tb. were Ad. dearer, and Surats
were also higher ; 41 other kinds were un-
changtal The sales were estimated at 6,t100 to
7,000 bales, 1,000 of which have been taken for
speculation. In the Railway Share Market the
demand continued quiet, and prices of all the
leading stocks tended downwards.
The bushiess transacted in Colonial Produce
during the past week has been very active, the
sales by auction having again been numerous. For
sugar a brisk inquiry has prevailed, and an ad-
vance of 6d. per cwt. has taken plac3. Coffee also
has commanded higher prices, but the transactions
have not been very extensive. Tea has continued
firm, common congou realising nd., and rather
better kinds ls. 2d. per lb. The demand for rice
has not increased, and rather lower quotations
have been current ' • cocoa is steady, and in rum
the dealings have been circumscribed. At the
• cinnamon sales 'previous rats s were maintained ;
in other descriptions of spice no material altera-
tion can be quoted. Saltpetre has been heavy.
Cochineal 1(1. per lb. cheaper, and cotton firm.
Tallow has been quiet at full quotations.
There was a meeting held yesterday of the share-
holders of the Maraquita Mining Company—J.
D. Powles, Esq., in the chair. A dividend of ls.
per share for the half-year was agreed to, and the
report on the progress of the mines, after some
discussion, was adopted. On the question of
allowing the Directors at the rate of 5001. per
annum for their services from the commencement,
viz., a period of four years, a ballot was taken,
when the numbers declared were 39,694 shares in
favour of the allowance, and 2,320 against it.
The advices from India, received yesterday, are
not likely to lead to any diminution in the demand
for silver, and we must therefore expect a con-
tinuous drain of gold to the Continent. Yesterday,
however, there were no withdrawals, and if the
Heather Bell or the Morning Light, both
of which vessels are now expected from
Australia, were to arrive, a more cheerful
feeling with regard to the position of mone-
tary affairs would be engendered. As it is,
however, there is a considerable degree of uncer-
tainty, and many persons yet incline to the opi-
nion that the Bank Directors will be compelled to
resort to increased restriction. The money market
has experienced no relief, though the minimum not
having been interfered with yesterday the demand, if
anything, being even more active than before. This
proves, therefore, that the wants of the commer-
cial public are still very urgent, and the 4th of
next month is expected to he one of the heaviest
experienced for some time past. Calls are
now due upon . the Bombay and Baroda
Railway, the Tilbury and Barking Extension,
and other shares, which, together with the Foreign
Stock and Share settlements, occasion an extended
demand for accommodation. On the Stock Ex-
change there is a brisk inquiry at 6 to 7 per cent.
in Government securities. _

The English Funds are further depressed, owing
to the speculative dealings of the Bears. Encouraged
by the unsettled condition of monetary affairs, and
the prospect of the specie drain continuing, these
operators are now prosecuting their time bargains
with vi ;our, which naturally increases the heavi-
ness oenrices. The slight improvement in the
French Funds has had no influence here, and the
market seems to be guided almost exclusively by the
change in the prospects of monetary concerns.
Consols for money have been 93!.- 1, and 93 to 931-,
while for the sth proximo they have been almost
stationary at 931. The March quotation is 931. Ex
chequer Bills have further declined, being 7s. to 2s.
premium, and the Bonds are 984 to 99. East India
Bonds are marked 3s. discount to par. The
New Three per Cents, have been 93g- 4 ; and
the Reduced 931 A. Bank Stock is 217 A.
In Foreign Securities the bargains have not
been very extensive. Turkish 6 per Cents. are 94.
Russian 4i per Cents. 961, ditto Small 961
Spanish 3 per Cents. 391. Dutch 2A per Cents.,
64 to 65 ; and the 4 per Cents., 98.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 61 4 ; Mexi
can. 21i ; Peruvian, 76 78 ; ditto 3 per Cents.,
55 6 ; Portuguese 3 per Cents., 43 5 ; Russian
5 per Cents., 107 9 ; ditto 4 per Cents., 95 7;
Spanish 3 per Cents., 39} 40i ; ditto Deferred,
231 A ; ditto Certificates, 51 6 ; ditto Passive,
51 6.
Messrs. D. Bell, Son, and Co. state that during
the past week there has been a good demand for
American Securities penerally. In the various
State stocks a moderate amount of business has
been done. Of the first-class railroad bonds there
have been some considerable purchases for invest
ment, whilst the more speculative bonds and shares
have been offered more freely at lower prices.
GOVERNMENT SECURITIES.

Redeemable. Per Cent.
United States 6 per Cents. 1867-1863...101 105
United States 6 per Cent. Bonds 1868...101 105

STATE SECURITIES
Alabama 5 per Cent
Maryland 5 per Cent. (Sterling Bonds)...
Massachusetts 5 per Cent. (Sterl. Bonds).
Mississippi 6 per Cent. Pl. Bk.
Bonds lB4l-1871... 43 45
Mississippi 5 per Cent. Union Bk Bonds ... 16 18
Pennsylvania 5 per Cent. Stock
Pennsylvania 5 per Cent. Bonds BO 81 x
Tennessee 6 per Cent. Bonds
Virginia. 6 per Cent. Bonds 1886_ 83 84
Virginia 5 per Cent. (Sterling Bonds) 1888... 82 84

... 78 80
... 89 91
...1001 1011

LOANS OF CITIES.
Montreal 6 por Cent. Bonds 1856-1865 S 2 84
New Orleans G per Cent. Stock 1883... 75 77

RAILROAD BONDS.

Illinois Central 7 per Cent. Ist Mortgage,
not Convertible 1875... 89 91
Illinois Central 6 per Cent. 1875... 85 87
Illinois Central 7 per Cent. Freeland
Bonds 1860...105 107
Illinois Central (Shares), V 1,5 paid.... ... 27 23p
Michigan Central Bp. Cent., Convert 1860...
Do. do. do. 1869... 94A 95.
New York Central 7p. Cent., Convert 1864... 93" '..‘5
New York Central 6 per Cent., not
Convertible 1883... 80 82
New York and Erie 7 per Cent. 3d Mort-

gage lBB3_ 87 89
N. York and Erie 7p. Cent. Convertible 1862... 80 82
N. York and Erie 7 per Cent. Sinking
Fund 1875... 85 87
Panama 7 per Cent., Ist Mortgage (Ster-
ling Bowls), not convertible 1859... 91
Panama 7 per Cent., Ist Mortgage 1864... 92 91
Pennsylvania Central 6p. Cent.. Ist M0rt.1880... 88A 89i
There has been a very limited business tran,,acted.
in Railway Shares, and prices generally have shown
hut little variation from yesterday's quotations.
Caledonian and Great Western advanced about 55.,
Midland Cs., South Western 10s., and Lancashire
and Yorkshire 79. 6d., Chester and Holyhead de-
clined_ ss. The French lines are very inactive, but
the Canadian have improved. Grand. Trunk have
advanced 10a.,Eaanst dGr-eltWestern 55., Lombardo.
Venetian and
Indian ruled at steady rates.
British and Foreign Mining Shares are almost
neJoi glected and previous
13
nt-Stock Bank Shares
are barely supported.
a airotvery little dealt in,
and prices are, in some
Oriental Bank declined 55., and s, rather flat.
Union of London
ss. Ottoman Bank advanced 59.
In Miscellaneous Shares there ig
change to note. Canada Government 6" material
per Cents.
have receded 5s , and Peninsular
and Oriental
Steam advanced ss.

BRITISH FUNDS.—CLOSING PRICES—THIS DAY.
(from the Officzal List.)

Rogniest done
.. i
Bank Stock
93i
,'educed 4, nnnitioP .
3 ,;er . ent.
1-- orr.- nTIHOI9 .4 711',4`tieto
9311 i 3 i it
93 g 4 i 4 If 3
New
JA t n _ 3 per Cent. A
Loaf!. Annuities, expire Ott . wit;
nnuities ,
... 2 15-15
185911
-10
Ditto 31 Years, expire 2 10th Oet.,
, 3 d par
full, tionr4 f1:`4.0 ......... —..••, 1 d
par
Ditto under 1000
. 93/ A 3
.... .
Consols ',Nr Account
India Stock
Ditto Amount
;-'
Exchequer Rills, 2.1 d.
5 7 1 d ,1000
E 500.. 2 d par
Small..
4
Ditto Bonds, 1858, 3. per Cent.
98
9
Ditto, 1859
PRICES OF FOREIGN FIJNDS—THIS DAY.
Brazilian Bonds. 5 per Cent
Ditto New, 1852, 4A per Cent.
Do., New, 1829 and 1839, 5 per Cent . 1021
!Mexican 3 per ( ent
Ditto Account , 21
.... ............ .
Per iuv an Bonds 4i per Cent
Portuguese Bonds, 5 per Cent.,C 1811
Ditto 1853, 3 per Ce t
th,,,,i,,, p 6,0,,,
1,,.., n. ................. 4:3# 4
, L St., 5 per Cent._ 1081
Ditto, 4,t, per C
out,
Ditto small .
Spaniel' Boui,3•Pc• ..
••
................
•••
NI
6
Ditto Acmiut, r e" ............... 39
Tarkieh Bonds, 6
p..,.er........
cent.,,, : .... •94 i
Ditto Account ..
Ditto Guaranteed .... ;el.. . C'eifli: ...... .... :
3}
•,en• P 1' ti,e an,,. tr Rlll ...
111
i 'l.
Belgian, 21 per Cent., ex. 25 francs* 14"56"..
Ditto 4i per Cent.. ex. 25 francs .:
---si prt
DaLcil Exct,ange, %, per Cen.;., 12 oiiii der., no ii r.'.
Ditto 4 per Cent. Certificates . -- —@ ' ..... ..
...
0.1
Consols, money .... ........... .
. .
..... 27/R
-ER O'ICIL OCR..
Ditto, Account (Feb. 5.) ... .. ..
... 93 41
„„„.......r.......7.7„.„77;z::,:::::___ '

letter frqro 13?rlin !Ilya :—" The Grand Duke
Ct,.:ll.,tic!D 1;,,i,;:,;a, %%an he
wit], th 3
Meek lEp.i.!!o in P.3;.A. b:.v; ree,ivTi a'• Tranover tbq
chain of the order ; it was conveyed to the Rutan
legation by 111, de Stillfried, grand master of the cere-
monies."