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

MARKET

MONEY

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

Letters from Liverpool state that the Cotton
Market yesterday closed quietly, and, compared with
Friday's rates, prices of all kinds were unchanged.
The sales were estimated at 6,000 bales. In the
Railway Share Market there was an apparent
downward tendency in prices, with but a moderate
business done.
The following particulars, extracted from the
list published by Mr. Miller, of the Jerusalem
Coffee-house, shows the number and tonnage of
'vessels now on the berth for Australia, Tasmania,
New Zealand, &e.:--

Vessels. Tone.
Launceston ...................... ... 3
Hobart Town
Sydney
Geelong, Melbourne, and Port-
land Bay
Adelaide
Fremantle and Swan River ... 2
Auckland, Wellington, Canter-
bury, and New Plymouth ...

Total..

8

66

Two commercial failures were reported ye3terday
afternoon, and it is feared the amount of liabilities
is very heavy. The names of the firms are Messrs.
Swayne and Bovill, merchants, and Messrs. Cheape
and Leslie. In the former case the liabilities are
estimated at 100,0001., but, as usual on such occa-
sions, conflicting statements are circulated on this
subject.

The letters from China received yesterday have
imparted increased firmness to the Tea market,
Common Congou being in demand at is. id. per lb.
The following are the particulars of the specie on
board the Indus, one of the Peninsular and Orien-
tal Company's steamers, which leaves Southamp-
ton to-morrow for India and China :--
Bombay (silver) £155,350
Ceylon (gold) , 4,280
Madras (gold) ....... . ..........
. Do. (silver)
Calcutta (silver)...... 242,440
Do. (gold)
2,055
Penang (silver)
Singapors (silver)
Hong• Kong (silver)
Canton (silver)
Shanghai (silver)

Total £792,160

Advices from New York, per steamer Africa,
report no improvement in the position of the money
market there, the demand being exceedingly active
at full rates.

In Lombard-street and at the Bank of England
the pressure for money is not greater than might
Lave been expected, considering the large amount
of paper which has to be provided for to-morrow,
the "fourth " of the month. On Thursday the
Consol account will be arranged, so that tbe de-
mand for accommodation throughout the week will
no doubt be very active.
There continues to be a very dull market for
Public Securities, as the uncertainty felt in con-
nection with the Ministerial contest induces cau-
tion. Besides this, attention for the moment is
cbiefly directed to the arrangements connected
With the liquidation of the account, and during the
text two or three days speculation will no doubt
be confined within narrow limits. Consols have
been g34.a for money, and for Thursday 941
The New 3 per Cents. are 94k I, the. Reduced
931 to 941. India Bonds par. Exchequer Bills
2s. dis., and the Bonds are 98i
In some of the Foreign Securities a large busi-
ness has been done. Turkish 6 per Cents. have
been active at 97i to 98i, and the market is buoy-
ant. There is also a demand for Mexican stock,
Which is 22i Peruvian Bonds are 791 to 80.
Spanish 3 per Cents. 40i to 41, and the Certifi-
cates 6f.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 61 7 ; Mexi-
can, 221 ; Peruvian, 41 per Cents., 791 80i ;
ditto Three per Cents., 55i 561 ; Russian 6 per
Cents., 107 109 ; ditto 4i per Cents., 97 99 ; Spa-
nish 3 per Cents., 40f ; ditto New Deferred,
24i 6i.

There has been an active business transacted in
the Railway Share Market this morning, and
Prices have again exhibited increased buoyancy.
Caledonian have risen 10s., Chester and Holyhead
11., Edinburgh, Perth, and Dundee, 11.,
Great Northern 11. to 1/. 10s., Great West-
ern 10s., Brighton 103., South-Western 55.,
South-Western 55., North British 11., South-
Eastern lOs., and South Wales 10s. The French
lines have also been in great request at enhanced
prices. Northern of France improved 10s., East-
ern of France 103., Paris and Lyons 1/. The Ca-
eadian also show an important improvement.
Grand Trunk of Canada are at an advance of 1/.,
East Indian E., and Great Western of Canada at
about ss.

Mining Shares ruled very dull. Cobre Copper
Mine, however, improved about 1/.
In Joint Stock Bank and Miscellaneous shares a
good business has been transacted at full rates.
London and. County improved 11., and Oriental
Bank 10s., Electric Telegraph 155., and Peninsular
and Oriental Steam 15s. to 11.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
( From the Officzal List.) . .

Radium, dons

Bank Stock 221 _
3 per Dent. Reduced Annuities 94 k 3i 4}
3 per Cent. Console Annuities 93i if
Now 3 per Cent. Annuities 94i i
Loan Annuities, expire sth Jan. 1860 —
Ditto 30 Years, expire 10th Oct., 1859 2 11-16
India Bonds, £l000
Ditto, under £lOOO 5 d
Consols for Account ••• .. .• 93i i .
F ichequer Bills, 21d.
£lOOO .
£5OO 2 p
Small

50
25
100
25

St.
50
St.
St.

20
20
10
St.

20
25
25
25

Ditto Bonds, 1858, 31 per Cent.,
Ditto, 1859
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK
Brazilian Bonds, 5 per Cent.
se., New, 1829 and 1839, 5 per Cent lO3
Mexican 3 per Cent
Ditto Account 221
Fernvian•Bonds 41 per Cent
Ditto Account
Bpsni*h •Boßds, 3 per Cont.
Ditto Account 4l
Spanish Committee Cert. of Coup. not fun. 6i
Turkish Bonds, 6 par cent...
Ditto Account 2Bt 7i Si
Dividends on toe above osyable in Londcn.
Dutch Exchange, 2i per Cent., 12 Gu11,,. 65
TWO O'CLOCK.
Consols, money. 93i
Ditto Account
Ditto April Account 94/ 941

BIRMINGHAU DISTRICT COURT or BANKRUPTCY.—
Yesterday the first meeting under the fiat issued against
Messrs. Fox and Henderson enderson was held before Mr. Regis-
tear Waterfield. Both the bankruptasndwtehree
choicepresent.a
assignees passed off without The proceedings were merely formal,
the slightest opposition.
p
The gentlemen nominated and a"Coinorntean
Joe. Robinson, of the Ebbw
Yale Company
were
y ; Mr. :—Mr.
c.
Browning, ironmaster, of the Milford Works, Stafford-
shire ; and Mr. Jas. T. Chance,
Sraethwiek. The debts proved gime manufacturer,
amounted to somewhere
about 60,000/. The examination of the bankrupts is
fixed for the 30th of March. The assignees were in-
spectors under the deed of assignment.
2d
A New COSlET.—Professor D'Arrest, of Leipsic, an.
nounces the discovery of a telescopic comet on the. 2.
of February, position
The professor gives the following
min.,
min approximate :---Febrnary 22d, at 16 hours 40
Lei sic Mean time, comet's right ascension 21
4 hours 221
miw. 28 eecs.; north declination, 22 deg. min'
late
•sucoeedethe din recognising o n niht of
the c3met from this observatory
tion on Februgary theaturday, and obtained as its posi I'l 28th, at 17 hours 23 min. 32 secs.
Greenwich mean time, comet's right ascension, 21 ,
hours 43 min. 29.36 secs. ; no th de-clination, 26. deg-
54 min. 42 secs. The comet 1 small nebulae, but WAS much Oppressedsimilar by fog and morn- 11
• The reports from the manufacturi.ntg. 11
week describe no material alteration: toAwnts
mforantheheep_aateert ::
the market has been flat, owing to the tendency to a
decline in cotton. The Birmingham iron trade is well
il
maintained, although there is scarcely o muchar activity I,
as was expected at the beginning of the ln the .i;
general occupations of the place steal; ear'
1
prevails, and the foreign orders are, upon the whole, good. At Nottingham there has been an extensive business
both in lace and hosiery. In the woollen districts the
transactions have been on a satisfactory scale, and
stocks continue low. The Irish linen markets are fairly
supported.
Messrs. Cheape and Leslie, an old-established East
India firm, have stopped. The disaster in this case is
understood to have been through some connection with
the transactions of Messrs. Swayne and Bevil!, although
the ordinary business of the two houses was entirely die. ~
tinct. The estimate of liabilities and assets remains to
be ascertained. 3."00'
100