The Sun.
London, England, 1857-03-03 00:00:00

MONEY MARKET

AND
COINIMERCIALRINTELLIGENCE.

CITY, Two o'CLocK.

Letters from Liverpool slate that the Cotton
Market yesterday closed quietly, and, compared with
Friday's rates, prices of all kinds were unchanged.
The sales were estimated at 6,000 bales. In the
Railway Share Market there was an apparent
downward tendency in prices, with but a moderate
business done.
The following particulars, extracted from the
list published by Mr. Miller, of the Jerusalem
Coffee-house, shows the number and tonnage of
'vessels now on the berth for Australia, Tasmania,
11-ew Zealand, &c.:—
-

Teasels. Tons.
Launceston
Hobart Town
Sydney
Geelong. Melbourne, and Port-
land Bay
Adelaide

Freemantle and Swan• River ... 2
Auckland, Wellington, Canter-
bury, and New Plymouth 8

Total
Two commercial failures were reported yesterday
afternoon, end it is feared the amount of liabilities
is very heavy. The names of the firms are Messrs.
Swayne and Bovill, merchants, and Messrs. Cheape
and Leslie. In the former case the liabilities are
estimated at 100,0001., but, as usual on such occa-
sions, conflicting statements are circulated on this
subject.
The letters from China received yesterday have
imparted increased firmness to the Tea market,
Common Congou being in demand at Is. Id. per lb.
The following are the particulars of the specie on
board the Indus, one of the Peninsular and Orien-
tal Company's steamers, which leaves Southamp-
ton to-morrow for India and China :
Bombay (silver) £155,350
Ceylon (gold)
Madras (gold)
Do. (silver)
Calcutta (silver) 242,440
Do. (gold)
Penang (silver)
Singapore (silver)
Hong-Kong (silver)
Canton (silver)
Shanghai (silver)

Total £792,160

Advices from New York, per steamer Africa,
report no improvement in the position of the money
Market there, the demand being exceedingly active
at full rates.
In Lombard-street and at the Bank of England
the pressure for money is not greater than might
have been expected, considering the large amount
of paper which has to be provided for to-morrow,
the "fourth " of the month. On Thursday the
Consol account will be arranged, so that the de-
'nand for accommodation throughout the week will
no doubt be very active.
There continues to be a very dull market for
Public Securities, as the uncertainty felt in con-
nection with the Ministerial contest induces can-
140n. Besides this, attention for the moment is
chiefly
directed to the arrangements connected
With the liquidation of the account, and during the
next two or three days speculation will no doubt
be confined within narrow limits. Consols have
mbeen 931 for money, and for Thursday 94t
The New 3 per Cents. are 94k 1, the Reduced
931 to 94k. India Bonds par. Exchequer Bills
23. die., and the Bonds are 98i f.
In some of the Foreign Securities a large busi-
ness has been done. Turkish 6 per Cents. have
been active at 971 f to 981, and the market is buoy-
ant. There is also a demand for Mexican stock,
Which is 221 Peruvian Bonds are 79 to 80.
Spanish 3 per Cents. 40i to 41, and the Certifi-
cates 6i.

The following are the nominal prices of Foreign
stocks :—Grenada Deferred Bonds, G 7 ; Mexi-
ean, 22 ; Peruvian, 41 per Cents., 79i 80-1, ;
ditto Three per Cents., 551- SGI ; Russian 5 per
Cents., 107 109 ; ditto 0- per Cents., 97 99 ; Spa-
nish 3 per Cents., 401 ; ditto New Deferred,
244 51.

There has been an active business transacted in
the Railway Share Market this morning, and
Prices have again exhibited increased buoyancy.
Claledonian have risen 10s., Chester and Holyhead
11., Edinburgh, Perth, and Dundee, 11.,
Great Northern 1/. to 1/. 10s., Great West-
ern 10s., Brighton 103., South-Western 55.,
South-Western 55., North British 11., South-
Eastern 10s., and South Wales 10s. The French
Ines have also been in great request at enhanced
prices. Northern of France improved 10s., East-
ern of France 108., Paris and Lyons 11. The Ca-
tadian also show an important improvement.
Grand Trunk of Canada are at an advance of 1/.,
Last Indian 11., and Great Western of Canada at
alga ss.

Mining Shares ruled very dull. Cobre Copper
Mine, however, improved about 11.
In Toint Stock Bank and Miscellaneous shares a
good business has been transacted at full rates.
London. and County improved 11., and Oriental
Dank 10s., Electric Telegraph 155., and Peninsular
d Oriental Steam 15s. to 11.

BRITISH FUNDS.—CLOSING PRICES —THIS DAY.
(From the Offictal List:) _ _

BnstnesN (lone

29.nk Stock
3 per Cent. Reduced Annuities 94 k 34 41 31 41
3 per Cent. Consols Annuities
New 3 per Cent. Annuities 94 1 1
Loag Annuities, expire sth Jan. 1860...
Ditto 30 Tears, expire 10th Oct., 1859 2 11-16
India Bonds, 4:1000
Ditto, under £lOOO 4 d
Consols for Account ...... .. 93i 1

P scheqster Bills, 21d.
' £lOOO
• £590 .
Small 2 p
. Dia* Advertised • 2p 2 d
Ditto Bonds, 1858, 34 per Cent.. 56 d
i: Ditto, 1859
981
PRICES OF FOREIGN FUNDS—THIS DAY.
13ruillan Bonds. 5 per Cent. . .
Do., New, 1829 and 1839, '5. per eent lO3
Buenos A yrcs Bonds, 6 per Cent .
Grenada New Active, 21 per Cent.
Ditto Deferred ............... . 63
. . Mexican 3 per Cent
Ditto Account 221 3/4 i •
Peruvian Bonds 91 per Cent
Dittp Account BO 70i
'Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent . 45,1
' Russian Bonds, 1522, St., 5 per Cent....
• Ditto, 4/ per Cent. 991 8 •
Sardinian Bonds, 5 per Cent.
Spanish Bonds, 3 per Cent.
' • Ditto Account
'Ditto New Deferred, 3 per Cen`.
Ditto Account
Spanish Committee Cert. of Coup. not fun 613 i i
Turkish Ponds, 6 per cent -
Ditto Account
Venezuela Bonds, 4i per Cent
Ditto Account .......... . ...... . 37i
.
Dividends on the above )ayabie ill t.oro( n.
Duch Exchange, 23/4 per Cent., 12 Guil 65
MERE O'CLOCK.
Consols, money93l 4
Ditto,
' Accouut (March 5) ................ 93i 4

--------
THE MAILS.--SoUTHAMPTON, Mail Company's .s..„ionday—The Royal
steamship Atrato, Captain Woolley,
sailed to-day, with the We-st Indian, Mexican, and Pa-
cific mails, 77 passengers 54,0001. in specie, je
wellery
are 7,0001_,. and full passengers
a cargo. Among the p eivellery
are Mr. T. H. Worrall (the bearer of despatches for her
Majesty's Government to Mexico), Major Murray,
Dr.
Caffaro, &c.
A NEw COMET.—Professor D'Ap
rrest of Leipsic, an-
-1 ese o
nounces the discovery of a t e
ic comet' on the 22d
of February. The professor
fives
gl3 ition
' as approximate :—February 22,4 atthe followin- • os •
6 hours 40 min.,
Leipsic mean time, cornet's right 1 •
ascension 21 hours 22
- minx. 28 Gees. ; north declination, 22 ~ 4 min. I
succeeded in recognising the comet f 0 de-.
late on the night of Saturday, and obtained
observatory
tion on February the 28th, at 17 hours gd as its posi
Greenwich mean time, comet's right min. 32
bourn 43 min. 29.36 secs. ; north declination'e ----' 21
54 min. 42 secs. The comet was similar to the
I%.6ghi deg.
ter
small nebula, but was much oppressed by fog and morn-
ing twilight at the time I observed it.
The reports from the manufacturing towns fnr the past'
week describe no material alteration. At Manchester
the market has been flat, owing to the tendency to a
decline in cotton. The Birmingham iron trade is well
maintained, although there is scarcely so much activity
as was expected at the beginning of the year. In the
general occupations of the place steady employment
prevails, and the foreign orders are, upon the whole, good.
At Nottingham there has been an extensive business,
both in lace and hosiery. In the woollen districts the
transactions have been on a satisfactory scale, and
stocks continue low. The Irish linen markets are fairly
upportee,