The Sun.
London, England, 1857-01-16 00:00:00

MONEY MA ` KET

AND

COMMERCIAL IN rELLIGENCE.

CITY, Two o'CLocit.
The Liverpool Cotton market yesterday con-
tinued heavy, and prices in some instances were
per lb. lower when compared with the rates cur-
rent last week. The sales amounted to 6,000 bales.
The Railway Share Market was steady at a slight
rise in prices. _

At Leicester, it is stated, a fair business was being
transacted in hosiery goods, and the working

classes find fair employment. From Nottingham
we learn that the lace trade is rather dull, but in-
creased activity was soon anticipated. In the
hosiery department there is more animation than
usual at this period of the year, and a busy season

is expected.
An active business has been transacted in Colo-
nial Produce this week, and if money were cheaper
there would no doubt be a revival of speculation.
For sugar there has been rather less inquiry, and
in the early part of the week prices ruled heavy.

There has since been more firmness, and the de-

wand has increased. Coffee has been rather
dearer, rice is 6d. to 9d. per cwt. lower, and cocoa
has been at nominal rates. Tea has commanded
high rates, and holders have not shown any dis
position to press sales. Spices have ruled steady ;
saltpetre is quiet ; and ruin has realised previous
rates. Tallow has been maintained, the stock be-
ing in few hands.
The dividend declared by the Brighton and
South Coast Railway for the past half-year is at
the rate of 31 per cent., making 6 per cent. for the

twelve months.
Rather less excitement has been exhibited in the
Money Market since it became known that no alte-
ration had been effected in the minimum rate of
discount, but there is no diminution in the demand
for discounts, and high terms are in all instances
charged. Some anxiety is expressed with regard
to the Bank Return to be published in this even-

ing's Gazette, as it is feared that very important alte-
rations will be manifested consequent upon the
payment of the dividends which commenced on
the Bth instant. A decline is expected in the
bullion, owing to recent withdrawals, as all the
late receipts of specie from Australia and America
have been sent to the Continent.

La Plata, which has arrived from the West
Indies and Mexico, brings about 177,2471. in
specie.

The transactions in public Stocks continue of the
most limited character, and the prices, as for a
long time past, are without any variation of im-
portance. This is the first regular transfer day for
Consols, and it is expected that there will now be
more real business. Consols for money have been
marked as high as 93,1-a, and the account quotations
have remained at 94 to 943. They are now, how-
ever, scarcely so firm, viz , 94, sellers. The New
3 per Cents. are 941 the Reduced, 94 to 94k,
and the Long Annuities, 2 15-16th. Bank Stock
is 216 k to 217 27 and East India Stock 220. Ex-
chequer Bills are depressed at 2s. discount to 2s,
premium.
Until one o'clock only two bargains were re-
corded in the official foreign list, speculation being
quite at a stand. Swedish 4 per Cents. are marked
85, and Turkish 6 per Cents. 95i- to 2..
The following ar© the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 7 ;
can, 21; ; Peruvian, 771 81 ; ditto 3 per Cents.,
55 6 ; Portuguese 3 per Cents., 43 5 ; Russian
5 per Cents., 106 8 ; ditto 4-k per Cents., 95 7 ;
Spanish 3 per Cents., 40 40; ; ditto Deferred,
; ditto Certificates, 51 64 ; ditto Passive,
51 6.

Messrs. D. Bell, Son and Co. report that,
during the present week, there has been no material
alteration to notice in the markets for American
securities. Business in State stocks has not been
active, and the only change to report, in railroad
securities, is a general inquiry for Illinois 7 per
Cent. Central Bonds and shares, at slightly im-.
proved quotations.

GOVERNMENT SECURITIE3.
Redeemable. Per Cent.
United States 6 per Cents. 1867-1868-101 105
United States 6 per Cent. Bonds 1868...101 105
STATE SECURITIES.
Alabama 5 per Cent

.78 80
... .89 91
...100 101

Maryland 5-per Cent. (Sterling Bonds)...
Massachusetts 5 per Cent. (Sterl. Bonds).
Mississippi 6 per Cent. Pl. Bk.
Bonds lB4l-1871... 43
Mississippi 5 per Cent. Union Bk Bonds ... 16
Pennsylvania 5 per Cent. Stock
Pennsylvania 5 per Cent. Bonds ~..1877... 81
Tennessee 6 per Cent. Bonds
Virginia 6 per Cent. Bonds 1886... 83
Virginia 5 per Cent. (Sterling Bonds) 1888... 82

LOANS OF CITIES.
Montrea.l G per Cent. Bonds 1856-1865... 82
New Orleans 6 per Cent. Stock 1883... 75
.RAILROAD BONDS.
Illinois Central 7 per Cent. Ist Mortgage,
not Convertible 1875... 88

Illinois Central 6 per Cent 1875... 84 86
[llinois Central 7 per Cent. Freeland
Bonds 1860...101 101
Illinois Central (Shares), $25 paid.... ... 18 20p
Michigan Central Bp. Cent., Convert 1860...
Do. do. do. 1869... 94i 95.
New York Central 7p. Cent., Convert 1864... 91 93

Xew York Central 6 per Cent., not
`Convertible 1883... 80 82

New York and Erie 7 per Cent. 3d Mort-
gage 1883... 87i 881

N:York and Erie 7p. Cent. Convertible 1862... 81 83
N. York and Erie 7 per Cent. Sinking
Fund 1875... 86 88
Panama 7 per Cent., Ist Mortgage (Ster-
ling Bonds), not convertible 1859... 90
Panama 7 per Cent., Ist Mortgage 1861... 90 92
Pennsylvania Central 6p. Cent., lst Mort 1880... 88 89
There has been a very small business transacted
in the Railway Share Market, but prices generally
rule steady, the fluctuations in values not having
been to any great extent. Great Northern have
receded 103.; Great Western, ss. ; South Western,
53.; Midland, 55.; North Eastern, Berwick, 10s.;
ditto York, 10.3.; Eastern Counties improved about
ss. ; Brighton, 10s. to 15s. ; and Scottish North-
Eastern, ss. The French, Canadian, and East In-
dian lines are inactive, and generally at a decline of
about ss. per share.

Joint-Stock Bank Shares are dull. Bank of
Australasia declined about 155,, and Union of Aus-
tralia ss.
__ _

In Miscellaneous Shares Canada Government 6
per Cents. and Crystal Palace ruled rather lower.

BRITISH FUNDS.—CLOSING PRICES —THIS DAY,
(From the Official List.)
c:,,ir,- done
BAnk. Simi{ ...
5 pt:: U n,. R'duced Annuities O4 i
... pto.• Cont. Consols Annvoues 93 i A / 6
New 3 per Cent. Annuities 94 14
Loag Annuities, expire sth Jan. 1860 24 15.1 G
India Stock
ln,i,n Bonds. XlOilti
Ditto, under £lOOO 2 d 2 p
Consols tor Account ... 94 3 4
Ezchequer Bills, 24d.
kaooo
p
5500
2p 2 d
Email 2 p 2 d
_ PRICES OF FOREIGN FUNDS —THIS DAY.

Equador New Consolidated --
- - -
Grenada_ei New Active, 21 per Cent.
:or iuel:3l3l.:enraCs :nit
ilDl):ttttoo Account
.. iii
22
Portuguese Bonds, pser
Ditto 1853, 3 per CentCepnetrCent.,
Con. 1841 I
182', £
RnDSsitiaton,B4oinpdeer,
Cent.
St.,
3 per Lent Cont.
Sardinian Bonds, 5 pei: ' 6.. ' ....
Spanish &ada, 6B/ 91
Ditto New Deferred, 3 per Cent
Swedisk 4 per Cent. .. ....
Turkieti Bonds, 6 per cent
Ditto Account .............. .
Ditto Guaranteed, 4 per Cent,
Ditto Account - a
5 per Cent 4_7931 i
Dividends on the above Dayabit:l ................
Datch Exchange, 2i per Cen.;., 12 Guilders 6 n.
5
THREE op az 0 O.K.
ConsolF, money .. (J 3
Ditto Account (February 5) 931 4

The Queen hold an Investiture of the Bath,
Windsor Castle, on Saturday, the 24th inst., at ha]

past two o'clock.
ACCOUCUEMENT OF THE COUNTESS PERSIGNY.—Efer
Excellency the Countess Persigny was safely delivered
of a daughter yesterday morning at filbert-gate House.
The countesss and the infant are progressing favour-
ably. Dr. Farre is in attendance up )n th*, countess.
The German papers publll the text of another Aus-
trian despatch. This despatch is dated 6th of January.
It is addressed to the Austrian Envoy at.
and is a reply to the communication by which the
Prussian Government informed the other Govern-
ments of its reeo;ution to adjourn the mobilization
rt Pry :,n1 ;I!! ir. ,:f
Vicuna despatch expres,es he glatificatitpu, and the copethat should, meantime no arrangement be concluded,
the wisdom of King Frederick William would not refuse
a further adjournment of any aggressive measures.