The Sun.
London, England, 1857-02-05 00:00:00

MONEY MARKET

ter.._-:.~~ ~,

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocx. 12
Letters from Liverpool mention that the Cotton
50
Market yesterday closed vet quietly, and, coin- 13
pared with Friday's rates, prices of all descriptions
were unchanged, except Egyptians, which were St.
id. per lb. dearer. The sales were estimated at 25
7,000 bales, 500 of which were t ►ken for specula- 25
tion. The Railway Share Market exhibited an in- St.
active appearance, and prices were at a slight de- St.
cline. St.

The accounts from Belgium contain the official 21
returns of the trade of that country during 1856. 20
o
The results are generally very favourable, the lin-
-10
port tables showing an increase in the receipts of 50
merchandise of 8 per cent. compared with the pre 25
-
vious year. The exports were 5 per cent. more 20,
han in 1855. -
About 40,0001. in gold was sent from the :5
Bank of England yesterday, but, as re- 25
marked on previous occasions, the large arrivals Bb'
expected from Australia will, no doub`, soon pre- 10
vent a further reduction of the stock of bullion in St.
the vaults of that establishment. The Heather sl2.
Bell, supposing the sailed at the period stated, has 10
now been out 96 days, and the Morning Light is Bstt'
. also making a long voyage. As these vessels will 10
.
probably bring a very large amount in the aggre- st
St.
gate they are awaited with considerable anxiety. st.
It is satisfactory to be able to announce that the St.
commercial engagements of the "4th" of the month St
have been St
performed with punctuality notwith-
standing the protracted dearness of money. The 102
5
fact is that trade, though quiet, is remarkably 16
sound, and as there has been no speculation in 16
Progress the commercial public find little difficulty is
in discharging their liabilities. The money market 3
is now rather easier, but full rates are current, and 20
mil, ,
l, no doubt, continue for some time to come, st 2
owing t.) the numerous openings which exist for g
the profitable employment of surplus means. Not-
io
withstanding the efflux of gold from the Bank, and 12
the pressure which there has been on that establish- Bt.
lishment for discounts during the last few days, no 25
fear was expressed with regard to the result of the St.
.
Directors' meeting held to-day. It is almost un-
10
necessary to remark that the Court decided upon
not interfering with the terms of discount ; for, sstt
however uncertain affairs appeared a week ago, 50
when an additional or 1 per cent. to the mini- 25
mum was apprehended, circumstances have since
25
transpired showing that no just cause for uneasi- 50
ness then existed, and that any adverse movement 20
was not likely to occur. On( the Stock Exchange
there is naturally a good demand for money,
owing to the completion of the monthly settle-
ment.

At the meeting, to-clay, of the London and
County Banking Company, the report and accounts
were adopted, after a short discussion. A dividend
was declared of 6 per cent. for the half-year, free of
income tar, which, with 5 per cent. previously paid
for the six months ending the 30th June last,
amounted to 11 per cent. for the year 1856.
In the market for Public Securities there is very
little change to report, except that the tendency
has been downwards. Very few fresh transactions
are recorded, the adjustment of the account occu-
pying chief attention. Consols for money have
been 93 to 935, and 93, while for March 5, the
.quotation has been 935 5. The new 3 per Cents.
are 935 5, and the Reduced 931 g. Exchequer
Bills remain at par to 2s. premium, and the Bonds
are 98i 5. Bank Stock is 217.
The Foreign Market is very dull and heavy,
although the variation in prices is not generally
important. Turkish 6 per Cents. have been dealt
in at 935 I, being f 13wer, and the 4 per Cents.
are 1005 to 101. Spanish Certificates are 65.
Dutch 25 per Cents., 65 to 65/. Russian 41 per
Cents., 96/, and Sardinian 905.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 61 ; Mexi-
can, 215 5 ; Peruvian, 78 79 ; ditto 3 per Cents.,
54 56 ; Portuguese 3 per Cents., 43 5 ; Russian
5 per Cents., 108 10 ; ditto 4 per Cents., 95 7;
Spanish 3 per Cents., 40 405 ; ditto New Deferred,
23i 24 ; ditto Certificates, 61 5, ; ditto Passive,
6i 6.

The last week's railway receipts, ascertained up
to this day, are in round figures as under :

1856.
£24, 349
54,361
12,599
10,702
26,877
15,667
11,089
20,015
19,339
5,499
4,098
5,173

£24,200
Great Western
North-Western
South-Western
Brighton 10,370
Midland
South-Eastern 16,058
Caledonian
Great Northern
Lancashire and Yorkshire
Bristol and Exeter . 5,279
Chester and Holyhead
Lancaster and Carlisle
London Gen. Omnibus Company 9,735
Manchester, Sheffield, and Lincoln 9,059 8,153
North London
North Stafford
Oxford, Worcester, :and Wolverh 3,818 3,179
Waterford and Limerick
Edinburgh and Glasgow
Glasgow and South-Western
Northern of France
8
Great Luxembourg
The transactions reported in the Railway Share
Market are of a very limited character, and the
-.values of most of the leading lines have
landergene no very material change. Eastern
Counties improved about 5s ; East Lancashire
6s- ; Lancashire and Yorkshire, 55. ; South-
Western, 55.; and North East York, 10s.; Great
-Western and Midland receded about ss. The
French lines were dull. Paris and Lyons receded
I.oa- Great Western of Canada ruled steady, and
Grand Trunk of Canada advanced 1/.
For British and Foreign Mining Shares there
has been very little inquiry, and prices have shown
220:material change.
Joint-Stock Bank Shares are also very inactive.
London Chartered of Australia declined 55., and
Loudon and County advanced 10s.
-mess
lofan n Miscellaneous Shares there has been no busi-
y importance transacted. Canada Govern-
ment 6 per Cents. improved about ss. to 10s.

BRITISH FUNDS.
I—roin CLOSING PRICES _THIS DAY.
( the Offictaz •
Ltst,)
liv..inmet. don.
bank Stock .................. 217 a
3 per Cent. Reduced Annuities--
3 per Cent. onnsols Annuities„... ... ..... 93a 3 i
New 3 per Cent. Annuities ...... . .... ...... 934 4
Long Annuities, expire sth Jan. 1116. ,2/
Ditto 30 Years, expire stk Jan., 1-i6O 2 11-16
Ditto 30 Years, expire sth April, 1885... 18
India Stock
India Bonds, X1000
Ditto under £lOOO 2 d I r,
corlois 'for Account (March 5) . ......
Igicheciner Bills, 24d.
£lOOO. 2 p par
.£5BO par 1 d 2 p
Small 2pld
6 i
Ditto Bonds,
98$ i
Ditto, 1859 lssB, 3a per Cent 9B
PRICES OF FOREIGN FUNDS—Mr DAY.
arasilian Bonds, 5 per Cent.
Ditto New, 1852, 41 per Cent.
De., New, 1829 and 1839, 5 per Cent lot i
Ditto 7 per Cent. (Matansa and Sabanilla) 101
lequador /few Consolidated
Ditto Provisional Land Warrant
Russian Bonds, 1822, £ St., 5 per Cent —
Ditto,Ditto 41 per Cent. 961 i
v Su.all
Ditto Account .... .
90
SpAnith ism, de 3 per Cent.
Ditto New deferred, 3 per (An
Spanish Committee Cert. of Con p. not fun 6i
TuAith Ronda, 6 per cent .. P
Ditto Account .. . ..................
93
DDitto Guaranteed . per4 . be—n•t.
itto Account . •.' •
•t vend. on;ii•
Belgian, 24 per Cen* ' above Payable In London.
Ditto 4a per Cent') 11. 25 francs
Dutch Exchange, 24.peer.C2entf.r,a1n2c8Galers 16gi 5
Consols, mone
Ditto, Aocount (March5 ...................... gl,i,

x d

201
100

20i
204
100
100

20
5
20
6

here
SOUTHAMPTON ELECTION. Sou 4 rr, ,
TH. AMPTON, ry canes-
day.—rte writ was received
ziuditth_his morning, and pro-
. claimed from the front of the
(moat noon. The
next for the nomi-
returning officers have fixed Monda
Andrews
t andie Vic-
bazaar, • Weguelin were held last night —the
toria-rooms, and the former i❑ his extensive carriage
bazaar, which had been cleared out for the
The meeting-, were addressed by the respeetivpeacrpao4i.
dates anti bercral of their supporters. The exciterc'ent-
contlnues unabated, nod all parties speak conlid.-ntly of
their success• Sir Elward Butler hulde nu meeting,
trusting to his canvass and the split in the Liberal -'4
ranks
to secure his election.