The Sun.
London, England, 1857-03-20 00:00:00

MONEY MARKET

AND
COMMEE,CIAL INTELLIGENCE,

CITY, Two O'CLOCK.

Letters from Liverpool state that the Cotton Mar-
ket yesterday closed quietly, and prices were fully
maintained. The sales were estimated at from 6,000
to 7,000 bales, 1,000 of which were taken by the
speculators. The Railway Share Market closed
Steadily, without any material change in prices.
In the Foreign and Colonial Produce Markets
this week the business transacted has been small,
he revival of the demand having taken place. The
Purchases 'are merely to supply immediate require-
ments, and the quotations remain firm. For sugar
there has been a very limited inquiry, but all de-
Be.riPtione have realised previoui rates. Coffee also
has been dull, but steady. Rice has been in in-
creased demand ; and tea has slightly improved.
For spices there has been a very limited inquiry.
Saltpetre is dull ; and cochineal is ld. per pound
cheaper. Tallow is firmer.
The following correspondence has taken place
between the secretary of the Stock Exchange and
the secretary of the Great Northern Railway
Company,
on the subject of the Preference Capital
of the latter

Stock Exchange.
Dear Sir,. lam requested to inquire whether, in the
°v
ant of any dividend being paid on your Company's
'reference Capital out of the past half-year's profits, the
w .arrants would be issued to parties registered on the
$
"t January last, or whether in the case supposed there
Would,„ be a special shutting of the Transfer Books.
,„,,i".110 favour of your reply as early as convenient will
oblige, &c.
(Signed) MIHILL SLAUGHTER, Sec.
J. R. Mowa't, Esq., Sec.,
Great Northern Railway Company.

The Great Northern Railway, Secretary's
Office, King's cross, March 19.
have to acknowledge the receipt of your letter
of the 18th instant.
~,
amunable to reply to the inquiry thereby made, the
whole matter depending upon the decision of Parliament
on the bill now in the house.—l am, ei ,r your bumble
Mtrvant, J. R. MoWATT, Sec.
Mihill Slaughter, Sec., Railway Department,
Stock xchange.
The meeting of the Calcutta Steam Company
Was held to-day, but it was said to be of a private
Character. _ _

An active demand still prevails for discounts,
but there is not quite so much pressure as in the
early part of the week. Six per cent, is still the
Minimum share "out of doors," and no relaxation
in this respect is yet anticipated. The bankers
and brokers, however, are well supplied, and at
the current quotations no difficulty is experienced
in obtaining accommodation.
A slight improvement has taken place in the
English Stock Market, and it is thought that in-
creased firmness will ensue, owing to the diminished
Pressure in the money market. Business is still very
dull, both as regards speculation and bona fide
operations ; but, if financial affairs become
more settled, and if there is an excess of
specie imports over the exports, so as to prevent
a further draw from the Bank, the Bulls will, no
doubt, be tempted to renew their transactions.
Consols for transfer have been 93 to 93i and 93k 1 ;
while for account the quotations have been 93i 93i
411 d 931 to 931. Exchequer Bills are marked Is.
Premium, and East India Bonds 2s. discount.
In consequence of an impression in certain quar-
ters that the negotiations between the United
States and Mexico, by which the latter seeks to
obtain a loan of 16,000,000 dollars, will not prove
successful, Mexican Bonds, which previously
showed some symptoms of weakness after the late
rise, have dropped to I per cent., business
having been officially reported at 23k /. Turkish
6 per Cents. have been 98k to 981, and they are
tow called 98 to 98i ; Spanish Passive Bonds are
b. The other securities are neglected.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 61 7 ; Mexi-
can, 23i ; Peruvian, 77 79 ; ditto Three per
Cents., 55 57 ; Portuguese 3 per Cents., 45 46 ;
Russian 5 per Cents., 107 9 ; do. 44 per Cents.,
97 99; Spanish 3 per Cents., 41 4115; ditto
Deferred, 241. 51 ; Ditto Certificates, 61 k ; Ditto
Passive, 54 6.
Messrs. D. Bell, Son, and Co., report that in the
market for American Securities there is no mate-
rial change to notice. During the past week busi-
fleas has been less active, but prices remain without
alteration

261 91

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GOVERNMENT SECURITIES.
Redeemable. Per Cent.
United States 6 per Cents. ......... 1867-1868_105i 106
United States 6 per Cent. Bonds 1868...105i 106
Alabama 5 per Cent .......................... .. ... 78 80
STATE SECURITIES.
Maryland 5 per Cent. (Sterling Bonds)...
Massachusetts 5 per Cent. (Sterl. Bonds).
Mississippi 6 per Cent. Pl. Bk.
,tßonds . _ ............... —lB4l-1871.- 40 42
"wisaiBßippl.s . p-e.r. . '
Cent.. Union Bk. Bonds ... 16 18
Pennsylvania 5 per Cent. Stock
Pennsylvania 5 per Cent. Bonds ' 877 .80 81
Tennessee nessee 6 per Cent. Bonds
rginia 6 per Cent. Bonds 1886... 82A 83i
vi
'Virginia 5 per Cent. (Sterling Bonds) —lBB3 81 86
LOANS OF CITIES.
/elontreal 6 per Cent. Bonds 1856-1865... 82 84
NOW Orleans 6 per Cent. Stock ........-...1883••• 75 77
RAILROAD BONDS.
Illinois Central 7 per Cent. Ist Mortgage,
not Convertible
1875... 92i 93i
Illinois Central 6 per Cent .. .. . 1875... 89- 91
Illinois Central 7 per Cent.'. ..
Freeland
Bonds 1860...108 110 ,
Pinola Central (Shares), $3O paid ... 33 35 p ti
Michigan Central Bp. Cent., Convert 1860... 11
Do. do. do
New York Central 7p. Cent., Convert 1864... 93 95
New York Central 6 per Cent., not
~,.Convertible • 1883... 80 82 :
.I'4 aw York and Erie 7 per Cent. 3(1 Mort-1843.85gag B7
yT. York and Erie 7p. Cent. Convertible-1862... 80 52 4,
N. York and Erie 7 per Cent. Sinking
Fund 1875- 83 85
Panama 7 per Cent., Ist Mortgage 1865... 93
Pennsylvania Central 6p. Cent., Ist Mort 1880... 89 90 '
There has been a very limited business done this
morning in Railway Shares, and but few alterations 7.
can be quoted in prices. Caledonian have declined :.,
59., Edinburgh, Perth, and Dundee 55. Great
Northern improved 155., Lancashire and 4
Yorkshire 5s , and North-Eastern (Berwick)
20
58. Paris and Lyons Shares have still 9 0
further improved, being quoted 601 i , and Punjaub zo
Were dealt in at I I prem. 20
In Mining Shares no business has been trans- E
acted. 10
Joint-Stock Bank and Miscellaneous Shares rule 20
very dull, Jand generally at lower values. Bank of 1)
Australia receded 11., and Union Bank of Australia 5
1/. Ottoman Bank., Bank of Egypt, and Lon- P.,
don and Westminster realised former rates. Ca- 33,
nada Land Shares declined it., and Electric Tele- 10'
20
graph ss.
20

... 89 91
_lOl 102

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
swan., done
3 per Cent. COll6OlO Annuities 93} 3
India Bonds, £lOOO ..... ..
Ditto, under £lOOO
Consols for Account .................... 93a
E tchegner Bills, 24d.
£lOOO ............. ...... ......... 1 p
1:500 4 p
%tall ................. 4 p
Mexican 3 por Cent ..............................
Ditto Account ........ ......................... 23i
Spioifh Bonds, 3 per Cent. ..............
Ditty. Passive .............................
Turkibh Bonds, 6 pur cent .....................
Ditto Account ................................. 98A
Dividends on thc abovo payable In London.
TWO O'CLOCK.
Consols, money .............................. 93h
Ditto for account .....

LOCAL SHARE MARKET&

LIVERPOOL, MARCH 19. 10
STOCK EXCHANGE.—The market is steady, at the full ic
current rates of yesterday. Caledonian, 34:1—Eastern if
Counties, 101. 16s. 3d. —Lancadiire and Yorkshire, 991—
Ditto (new Dl. shares, issued at 1 dis.), p--London and 1
North Western, 1041--Manchester, Sheffield, and Lincoln,
37 Midland, Si. Sly—North Eastern, York Capital
Stock, 31 South Eastern, 22 Grand Trunk cc
Canada, 133 13s. 9d.

SHARE MARKETS—(This Day.) 1
RAILWAYS. Shr.

Closing Price
yesterday.

Business done
this day.

RAILWAYS.