The Sun.
London, England, 1857-03-24 00:00:00

MONEY MARKET

AND
CO Mllllll aciA. INTELLIGENCE.

CITY, Two o'CLool.
The Liverpool Cotton Market, yesterday closed
quietly, but firmly, at full prices. The sales were
6,000 bales. The Railway Share Market was very
firm, and prices were a shade higher than on Sa-

turday.
The Commercial advices from New York, re-
ceived per steamer Niagara, state that the demand
for general accommodat:on was still exceedingly
active, and as the wants of the mercantile commu-
nity, as usual during March, were increasing, no
favourable change was yet anticipated. The im-
portation of foreign goods was rapidly augment-
ing, while the exports remained small, and as
the European demand fur American securities
is much contracted it was thought that large specie
sbipnaents would soon ensue. This steamer brings
a far greater amount of specie, viz., $301,166, than
for a long time past; but it is no doubt destined
for France, as the current rate of exchange on
London prevents an efflux to this country. During
the week ending the 7-th inst. the exports of specie
were equal to 967,405 dols., but in the same week
last year it was 1,204,746 dols. A moderate busi-
ness was doing in Stocks and Railway Bonds, and
prices were mostly tending upwards.
About 31,0001. in gold was taken from the Bank
of Eugland yesterday, showing that preparations
have already been commenced for the remittances
by the steamer to China and the East Indies, on
the 4th proximo. In a few days there will, no
doubt, be a good supply of gold from Australia ;
the Austral, the Orwell, and two or three other
vessels being now overdue, so that a sufficient
quantity will probably arrive, and prevent such an
extensive withdrawal from the Bank's vaults as that
effected shortly before the departure of the Pera.
The Tamar, from the Brazils, brings about
4,8351., and the Alhambra, from the Peninsular,
6,835/. in specie, realsing together 11,7761.
The dividends on the 3 per cent. Peruvian De-
ferred Bonds are payable on and after the Ist of
April, and the half-yearly dividend on the Brazilian
5 per Cant. Loans of 1824 and 1829 is obtainable
at the same time.
No alteration has taken place in the English St
Stock Markel-, and the transactions, if possible, are st:
of a more limited characterthan before. The public 5°
25
still abstain from operating, and.there is nothing to 100
encourage speculation. The market, consequently, 25
is left to its own influence. Consols for money 28
have been 93,E g, and for account 931 I, their for.
mer value. The New 2i per Cents. have been 76f
Exchequer Bills, March; 35. prem., and ditto June,
par.

In the Foreign Market also there is very little
vat iation, owing to the absence of dealing. Turkish
Bonds up till one o'clock had not been officially
marked, but the 6 per Cent?. are about 98. Rus-
sian 4i per Cents. ara 97k, Peruvian 41 per Cents.
771, Chilian 6 per Cents. 1.05 i, and. Brazilian 4i
per Cents. 97i to 98. Mexican Bonds are very
flat; being 23 to 234.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 61 7 ; Mexi-
can, 23i e ; Peruvian, 77 79 ; ditto Three per
Cents., 55 57 ; Portuguese 3 per Cents., 44} 5i ;
Russian 5 per Cents., 107 9 ; do. 4i per Cents.,
97 99; Spanish 3 per Cents., 41i ; ditto
Deferred, 25 ; Ditto Certificates, 6± ; Ditto
Passive, 5i 6.
A moderato business has been done in Railway
Shares this morning., and prices in most instances
show a slight downward tendency. Eastern Coun-
ties have receded ss. ; Edinburgh, Pertb, and Dun-
dee, 10s. ; Brighton, ss. ; North Western, ss. ';
North British, IZ. ; and South Wales, ss. Great
Western, Lancashire and Yorkshire, and Midland
were at yesterday's quotations. Grand Trunk of
Canada have advanced ab-ut ss. to 10s. Great
Western of Canada, Northein of France, and Paris
and Lyons have ruled at steady rates.
Mining shares have ru'ed inactive, at about for-

mer price=.
For Joint Stock Bank Shares there has been a
limited inquiry, but little variation in prices can
be quoted. Union of Australia were rather higher.
London and -County, Bank of Australasia, and
Ottoman Bulk aro at previous rates.
In tits Miscellaneous undertakings no tra,usae-
tions of importauc3 have been entered into. Aus-
tralian Agricultural Shares have declinel 10s. t)
155., and Peninsular aid Oriental Steam New
Shares about ss.

B UTISH FUNDS.—CLOSING PRICES —THIS DAY.
(From the Officurl List.)
Business done
3 per Cent. Console Annialties 931 i
New 2i per Cent. Annuities 7tii
Consols .or Aocount ..... .. 93$ i
E zchequer Bills, 21d. March. June.
ClOOO , ... ..
E5OO .
Siamil ..... ..
PRICES OF FOREIGN FUNDS—THIS DAY.
Brazilian Bonds, 5 per Cent. 1023
Ditto New, 1852, 42 per Cent.
Chiliau Bonds, 6 per Cent losi
li exican 3 per Cent
Ditto Account ... •
Peruvian Bonds, ii per Cout .-----
l) t o Account
Portuguese,Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent. —
Ditto Account 45 -
itnisian 'toads, In 2, E St., 5 per Cent lO7
Ditto, 4i per Cent... on 814
Turk iel Bonds, 6 per cent ' 9B
Ditto Account 97f 8
Dividends on the above 7,aynhie in Leyden. ' '
Dutch Exchange, 24 per Cen;;., 12 Guilders
Ditto 4 per Cent. Certificates
THREE O'CLOCK.

Consols, money
Ditto, Ae3ountf,(April 8)

The Vienna Gazette officially announces the nomina•

tion, some time since mentioned, of Baron Koller as
Ea voy Extraordinary and Minister Plenipotentiary of
Austria to the Court of Berlin and to the Courts of the
Grand Duchies of Mecklenburg.

The Russian Government is most anxious that the
Duke of Ossuno should remain at St. Petersburg as
Ambassador from the Queen of Spain. No person is
surprised at this preference. No one could be more
easily and more unconsciomly cajoled than the Duke.
THE PRINEWALITIES.-Our latest advices from the
Principalities inform us that M. de Talleyrand bad ar-
rived at Bucharest, and the Austrians would evacuate
the Principalities immediately.
Letters from Hamburg state that the money market
has again become easier, the rate of discount having
receded to 5 per cent.
It is stated from Amsterdam that an application for
the new Spanish loan of M. Mires to be quoted in the
official list has been rejected. The rule on that Bourse
is the same as in the London Stock exchange with re-
gard to the securities of countries degraded by acts of
confivcation. _ _

It appears that the capital allowed by the Russian
Government for the Riga Railway is 1,636,500/., with
a guarantee of 4i per cent., of which k per cent. is
to be applied as sinking fund. The directors estimate
the actual cost at 1,340,0001., and they will conse-
quently be enabled to issue the 201. shares at a discount,
so as to make the guaranteed interest equal to 5 per
cent. The arrangements originally held out by them in
their prospectus will therefore be virtually r?alised.
PRICE OF CONSOLS.—The highest price of Consols be-
tween the 6sll April, 1855, and the sth April, 1856, was
934 ; the lowest price, 854 ; and the mean price,
891. Bs. 9d., or under 89i. In 1854-5, the mean price
was 91/. 7s. 6d. ; and in former years, up to 1847.8,
931. ls. 3d., 1001. 3s. 91 (the mean price of 1852 3),
971. 7s. 6c1., 961. -155., 941. 55., 871. 55., and 841. 7s. 6d. •
THE CHELSEA BOARD OF INQUlRY.—Yesterday was
published, by order of the late !Ruse of Commons, a
memorandum and explanation in regard to a section of
the Report of the Board of General-Officers appointed
to inquire into certain statements contained in the
reports of Sir John N'Neill and Colonel Tulloch.
The explanation was called for by the First Lord
of the Treasury and the Chancellor of the Exche-
quer with reference to the alleged insufficiency of
the land transport service and the supply of forage,
the want of which, it is intimated in the report, was
owing to the omission on the part of the Treasury to send
out a proper supply of that article from England. This
explanation was called for last August. Sir C. E. Tre-
ielyan's explanation occupies a space of some 22 pages.
Having completed his narrative and explanation of the
proceedings of the Treasury with reference to the series
of Commissary Filder's letters, Sir Charles thinks "he
may justly state that so long as those letters were sugges-
tive and indefinite, and not immediate, the Treasury pro-
ceeded towards the fulfilment of his suggestions and
recommendations with a proper reference to the cir-
cumstances before them. But when, as in the latter
letters, -the suggestions had the character of requisites,
and became precise, pressing, and urgent, they were im-
mediately acceded to by the Treasury, and distinct direc-
tions were given to carry them promptly into effect."
" In this view of the proceedings," he adds, ". they are
entirely free from the blame implied in the report of the
Board of General Officers in respect to the non-supply of
forage ; and accordingly, even if the want of forage bad
been the proximate cause of the failure of the land trans-
port, and consequently of the sufferings of the army, the
Treasury could not justly be held in any degree respon-
sible for those sufferings,' There are copious appendices,

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