The Sun.
London, England, 1857-02-13 00:00:00

IVIONEY ' MARKET

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocx.
Letters from Liverpool state that the Cotton
Market yesterday was very steady, and the demand
Tore active. Brazilian were id., and Egyptian
2d. per lb. dearer. The sales were estimated at
12,000 bales, 4,000 of which were taken by the
!peculators. The Railway Share Market was very
buoyan, t at a considerable advance on Wednes-
day's rates.
In the Foreign and Colonial Produce Market
this week a fair amount of business has been trans-
acted, and the quotations of all the principal staples
have remained buoyant. The disposition to enter
into speculation is still manifest. Sugar has been
in active request at previous values, and the im-
Porters evince much firmness. Native Ceylon
Coffee has advanced, and also plantation, but very
little has been offered at auction. The market for tea
has remained gtiet, but yesterday a good business
'Was done in common congou at is. i d. Madras
rice, early in the week declined lid. to 3d. per
cwt., but since then there has been a more active
haquiry owing to the French Government having
permitted distillation from white rice. Cocoa is
quiet ; rum ld. per gallon lower, and saltpetre ra-.
ther. dearer. In spices the dealings have been limited,
and there is no particular movement in prices to
report. Tallow has further improved. The indigo
sales, which commenced on Wednesday, were rather
thinly attended, and the biddings were by no means
active. The superior qualities only realised an
advance of about 3d. per lb. on the rates current
at the last sale, while the inferior declined about NI
2d. The periodical sales of colonial wool are fixed St.
to commence on the 26th inst., when about 35,000 11
bales will probably be offered, chiefly Cape, and 20
prices— are generally expected to rule very high. j-ti!
There was a half-yearly meeting held this day of st.
the Northern Counties Union Railway Company, 20
at which it was stated that arrangements were being 111
made with the Bedale and Leyburn Railway Com- Bt.
pant for an amalgamation, which it was hoped g
Would be successful. The balance remaining in St.
hand was 9,0001. After some discussion, the re- 10
Port was adopted, and the meeting was adjourned 10
for three months.

The third ordinary general meeting of the Char- :(t).
tered Bank of India, Australia, and China was also 25
held to-day. The report stated that the residue of 100
the shares had been disposed of to influential par- 50
ties, and the calls paid in full. The sum subscribed 20
was 145,3201., which, with the two calls now made,
Would suffice to fulfil the conditions of the charter.
(In the payment of the calls the directors would
commence business in a field of considerable pro-
Inise to the shareholders. After a short discussion
the report was adopted.
At a special meeting of the Commercial Dock
Company, just held, the Directors were authorised
to effect a sale of a plot of ground called- Barnard's
Yard, for 20,0001.
The Bank of France return, completed to yester-
claY, is considered satisfactory. Besides a decline
i/1 the securities held by the establishment, there
1,3 an increase in the " cash in hand." Although a
Large SUM has been expended in the purchase of
ficold, the general results exhibited by the balance-
Sheet are indicative of improvement.
There is a good demand for discounts to-day, at
Previous quotations.
Ne further improvement has occurred in the
English Stock Market, but the prices are well
btaintained. The advance has now been rather
,considerable, and the effect of the Budget
la anticipated, but no disposition shown
to realise profits, and the tendency may still be
,said to be in a favourable direction. Consols have
been 93i to 94 for transfer, and 94k / for the ac-
count. The New 3 per Cents. were 94; ; and
the Reduced 941 f. Bank Stock is 216. Ex-
chequer Bills are ls. to 3s. premium; and the
fonds are 98i
In Foreign Stocks there is very little variation.
•rurkish 6 per Cents. are 95i 3/4. Spanish 3 per
Cents. are firm at 40i, and the Cortificates aro 61$.
The following are the nominal prices of Foreign
Stocks .1-T.-Grenada Deferred Bonds, 61 7 ; Mexi-
can, 21i 2i; Peruvian, 79i 801; ditto 3 per Cents.,
65i 561; Portuguese 3 per Cents., 43 5 ; Russian
6 per Cents., 108 10 ; ditto 4i per Cents., 95 7 ;
Spanish 3 per Cents., 40 ; ditto New Deferred, III)
241 f ; ditto Certificates, 6f ; ditto Passive,
51 6. 18
20
Messrs. D. Bell, Son, and Co. state that during 100
the week the market for American Securities has 100
been quiet, and the prices of both State stocks and
railroad bonds are without alteration.
GOVERNMENT SECURITIES. •
Redeemable. Per Cent.
tr„nited States 6 per Cents. 1867-1868...101i 1051
united States 6 per Cent. Bonds 1868..101i 105

... 78 80
... 89 91
...1001 1011

STATE SECURITIES.
Alabama 5 per Cent
41%1'3-land s.per Cent. (Sterling Bonds)
Massachusetts 5 per Cent. (Sterl. Bonds)
Mississippi 6 per Cent. Pl. Bk
Bonds lB4l-1871... 43 45
Mississippi 5 per Cent. Union Bk Bonds ... 16 18
Pennsylvania 5 per Cent. Stock
Pennsylvania 5 per Cent. Bonds 1877... 79 81
Tennessee 6 per Cent. Bonds
'Vim.; • 6 83 85
u per Cent. Bonds 1886... 83 84
• Irginia 5 per Cent. (Sterling Bonds) 1888... 83 85
LOANS OF CITIES.
Montreal 6 per Cent. Bonds 1856-1865... 82 84
110 W Orleans 6 per Cent. Stock 1883... 75 77

RAILROAD BONDS.
Illinois Central 7 per Cent, Ist Mortgage,
not Convertible 1875... 894 904
Illinois Central 6 per Cent 1875... 85 87
Illinois Central 7 per Cent. Freeland
Bonds lB6O-107A 108 i
Illinois Central (Shares), $25 2Bi 294 p
Richigan Central 8 p. Cent., Convert 1860...
Do, do. do. 1869... 94i 95i
New York Central 7p. Cent., Convert 1864... 92 94
Noy' York Central 6 per Cent., not
Convertible 1883._ 80 82
„
eW York and Erie 7 per Cent. 3d Mort-
gage 1883... 87 89
I TT:York and Erie 7p. Cent. Convertible 1862... 80 82
York and Erie 7 per Cent. Sinking
rand 1875... 83 85
Panama 7 per Cent., Ist Mortgage (Ster-
ling__ Bonds), not convertible 1859... 92 94
Panama 7 per Cent., let Mortgage 1864 93
Pennsylvania Central 6p. Cent.,lstlefort 1880::: B9 • 90
Au active business has been done in the Railway
Shaxe Market this morning, and in most instances
at improved prices. Caledonian advanced 10s. ;
Eastern Counties, ss. ; Great Northern, 1/. ; Great
Western, ss. ; Brighton, 1/. ; North-Western, about
es. ; Manchester, Sheffield, and Lincoln, los. ;
Midland, ss. ; North British, 10s. ; North Eastern
Berwick, 11.
~ and North-Eastern York, 15s. ; Scot-
tish North-Eastern, 1/. ; and South-Eastern, 12s.
6/ The French lines are at nominal values, no
dealings having been reported in them this
Morning. Dutch Rhenish have improved 55.; East
Indian, Great Western of Canada, and Great
Indian Peninsular are at yesterday's rates.
Very few transactions have taken place in Bri-
tish, Foreign, or Colonial Mining Shares. Tin
Croft were dealt in at 41, Great Wheal Vor at
61, Great Wheal Alfred at iii, North Frances at
19i, Linares at 8, and United Mexican at 41-.
Joint Stock Bank Shares rule steady. London
and Westminster have improved 55., and union
!t. Australia ss. Commercial of London and
Union of London were dealt in at former values.
Micellaneous Shares are active, and realise full
Values.

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