The Sun.
London, England, 1857-01-26 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The Liverpool Cotton Market on Saturday closed
with an upward tendency, and prices of Americans
were id. per lb dearer, owing principally to the
short supply in the market, but all other kinds
remained without any material alteration. The
sales were estimated at 15,000 bales, 2,000 of which
were taken for export, and. 3,000 on speculation.
The Railway Share Market was dull, and prices
generally were at about Friday's currency.

Letters from Manchester describe the business of
the past week in the market for manufactures as
having been rather heavy and lower prices were
current. In most of the other markets there was
no alteration of importance.

The directors of the North Staffordshire Railway
have issued their report preparatory to the half
yearly meeting. This shows an increase in the
traffic receipts of 27,079/. ss. 3d. for the past year.
The net receipts for the six months are 52,1761.
Us. 2d., out of which a dividend at the rate of 3i
per Cent. per annum is proposed, leaving a balance
of 2,7141. 163. 2d. to be ,carried forward.
The eillux of gold to the continent continues,
30,0001. having been sent from the Bank on Satur-
day ; and the advices received from India, by the
Overland Mail, will no doubt stimulate the demand
for silver, so that a fear may again be raised lest
the bullion in the Threadneedle•street vaults
should be materially reduced. This morning there
has been considerable animation in the silver mar-
ket, and the price of bars has risen Id. per ounce,
viz., to 621-d., and it is generally supposed that a
further advancement will immediately take place.
This will, of course, lead to further withdrawals
from the Bank, and the Directors may yet have to
impose additional restrictions on long dated bills
in order to protect themselves from a continuance
of the drain. The accounts from India report
increased stringency in the money markets at Cal-
cutta, Bombay, and Madras, and the exchanges
are higher.

The Heather Bell and other vessels are soon
expected from Australia with large sums in gold,
but these supplies will no doubt be chiefly absorbed
by the operations in silver. Their arrival, how-
eTer, may exercise a very favourable influence
on the money market, because the decline in
the stock of the precious metals would then be tem-
porarily arrested. The inquiry for discounts this
morning is very active, and full rates are de
mended in all cases. During the next fortnight
there is likely to be augmented pressure, because
preparations will have to be made for the 4th of
the month, and the liquidation of the Consol ac-
count at the Stock Exchange.

The amount of bills drawn by the Hon. East
India Company during the fortnight ending Satur-
day, in the three Presidencies, was 51,4871.
12s. id.

No material alteration has taken place in the
price of tea to-day, but there is an upward ten-
dency, and the demand for common congon is
active, at is ld per lb.

The Corn Market opened this morning with a
very dull appearance, and English wheat was
nominally 4s. per quarter lower.

The dividend agreed to at the Bank of London
meeting, held to-day, was at the rate of 5 percent.
per annum.

in the English Stock Market, to-day, 'there has
been no movement of importance, and there seems
little probability of business becoming either active
or profitable for some time to come. The uncer-
tainty which exists with regard to the Persian and
China disputes, as well as the unsatisfactory state
of the money market check buoyancy. All things
considered, however, the market exhibits great
strength. Consols have been 93i 4 for money, and
93i I for the account. Arrangements connected
with the approaching settlement now engage chief
attention, and very few fresh speculative engage-
ments are made. The New Threes Reduced, &c.,
are steady ; Exchequer Bills are ls. discount to
ls. premium.

English Mines are now included in the official
Lists of the Stock Exchange.
Foreign Securities are quiet, and generally steady.
Turkish 6 per Cents. are 94i to 95k, and the 4 per
Cents. 103 k. Spanish Deferred Bonds are 23i ;
Russian 4} per Cents. 93i, Mexican 211 ; and
Danish 5 per Cents. 103.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 7 ; Mexi-
can, 21i ; Peruvian, 78 79 ; ditto 3 per Cents.,
U 6 ; Portuguese 3 per Cents., 43 5 ; Russian
6 per Cents., 106 8 ; ditto 4-i per Cents., 95 7 ;
Spanish 3 per Cents., 40 ; ditto New Deferred,
64 ; ditto Certificates, 51 6 ; ditto Passive,
61 6.

An exceedingly limited business has been
intrans-
acted in Railway Shares, and prices, except one
or two instances, have been steady. Caledonian,
lliastern Counties, Great Northern, Midland and
South-Eastern, declined 55., and South Wales
10s. treat Western, North-Western, Norfolk and
North-Eastern Berwick, have advanced about ss.
The French lines are at nominal values, and the
Canadian rule lower. Great Trunk of Canada have
declined 10s., and Great Western of Canada about
ss.

In Joint-stock Bank shares very few trans-
actions have taken place. London Ch ar-
tered of Australia have declined 1. Union of
Australia f. For Miscellaneous Shares prices
also rule rather heavy. Canada Land have de-
clined li. Australian Agricultural 10s. and
lectric Telegraph 10s.

BRUISE( FUNDS THIS DAY AT ONE O'CLOCK.
(From the Offictal List:)

_ _
tiewn.sb done
3 Per Cent. Reduced Annuities 94 34
......r_Cent consols Annuities 938 i
IN W 3 per Cent, Annuities 94s i
Conaois tor Accou
Exchequer Billetn2 ''' ii ''''''''''''''''
"....
*•
913: : d
zi,,..,. ' ....,_
~...)u .............
EV1...... . ........................... ..
PRICFS OF FORRlG4rlr—tr—v...l%.o7 par 3 p
Danish Roads, 3 pet Cent ,
182 w ......3 AT ONE o'4; hi , K .
A Ditto 5 per Cent. .... • '
-Mexican 3 per Cent ...........
Portuguese Bonds, 5 per &Q.i ..... . iiii .. 2_lB
Ditto 1853, 3 per Cent..,, • .
Ditto Account ...................................... 44 —
it Bonds, 1822, St., .. per Cent....
Ditto, 4i per Cent. .............. . .
.. . .
...... 964
Bpsnith Bonds, 3 per Cent .. =
.................
Ditto New Deferred, 3 per Cent. ......... 231
Turkish iionds, 6 per cent .....................
Ditto Account
Ditto Guaranteed, 4 per Cent.
lfenoanels. Bonds, 4i per Cent
Ditto Deferred, 11 per Cent.
inviciena on the above payable in Lona( n.
TWO O'CLOCK.
Consols, money 93i
Ditto, Ai:mount 93
934 94
Ditto March Account

MARRIAGE OF MR. CHARLES MATTHEWS.—The
•loucester Journal says, Mr. Charles Matthews has taken
unto himself a second wife in the person of pretty Miss
Oliver.

The section from Beziers to Cette has just been opened
to the public for the conveyance of goods.
M. de Lamartine has arrived in Paris, in recovered
health.

Mr. James Wilson, Financial Secretary to the Treai;
'Jury, has progressed so far towards recovery
late accident as to leave little doubt that
he
will
be
enabled to attenq in his place in parliament at the
opening of the session.
Commander W. H. M'Dougall was on Saturday
selected by the Board of Admiralty to be placed on the
reserved list of Captains, vice Captain Dixon, deceased.
Tllll AMERICAN MAILS.—LrvERPooL, Saturday.—The
British and North American Royal Mail Steamship
Africa, Captain Shannon, sailed from the Mersey this
forenoon (and was telegraphed at Point Lynas at 3 p.m )
for New York with the usual bi-weekly mails for the
United States, 40 passengers, and a full cargo.
FIRE IN Tillt MINoItIRS —Late on Saturday night, a
policeman perceived a dense smoke seen issuing from the
third floor windows of an old house No. 1 A., Minories,
oppesita the premises of 2/Nears. Moses and Son, and
occupied by Mr. Frankenstien, hairdresser, his family
and lodgers. The building, Which ja a
very
old one,
was completely gutted, and the next, No. 1, Minories,
has received considerable damage. The origin of the
fire is not known.
Yesterday the Lord Mayor, the Sheriffs of London
and Middlesex (Messrs. Mechi and Keats), the Under.
sheriffs (Messrs. Crosley and Anderton), and
the Common
Councilmen of the ward of Farringdon Without, attended
Divine service at Sepulchre Church, Snow-hill, where a
sermon was preached by the Rev. G. F. vv. Mortimer,
D.D. At the conclusion of the service a sure of 30/.
was colleeted on behalf of the Parochial Boys' School.