The Sun.
London, England, 1857-01-09 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The Liverpool C ►tton Market yesterday closed
quietly, but heavily, and prices of Am .ricans were
about id. per lb. dearer. Brazilian and Egyptian
Were also id. and Surat id. per lb. dearer. The
sides were 6,000 baleS, 500 of which were taken
for export. The Railway Share Market was dull,
and closed with an easy aspect. Accounts from
Nottingham state the lace trade is very quiet, but
some large orders had been received from Canada
and the German markets, so that increased
activity was anticipated. During the last few
days
,there has been rather a better demand
for hosiery at Leicester, and business is increasing.
The letters from Bradford are encouraging. There
has been a good demand for most descriptions of
goods, at full rates.

The Mincing-lane markets, which re-opened on
Tuesday, after the Christmas holidays, have been
moderately active during the week, and in the
•vent of money becoming easier there is reason
to believe that an active speculative business
will take place. Sugar has been supported,
at an advance of 61. to ls. per cwt. ;
but during the last day or two the demand has
rather slackened. Coffee is firm, and plantation has
risen 6d. to ls. per cwt. Tea has been quiet,
without any alteration in prices. Rice has been
in request at previous values, and numerous trans-
actions have taken place in cocoa. Spices have
been rather dull. Cochineal is cheaper ; and salt-
petre has been quiet. Tallow has advanced.

Notwithstanding the unhappy fate of Redpath
and Robson, forgeries connected with public secu-
rities continue to be discovered. A person who
operated in stocks and shares outside the Stock
Exchange, but who was not a member of that in-
stitution, as erroneously stated in the Times this
mornisg, has absconded, and a warrant has been
issued for his apprehension, for forging a power of
attorney for 5501. Consols. Besides this, he has
obtained an advance for 2,0001. on 400 forged Peel
River Shares. The members of the Stock
Exchange are much annoyed at it having
been stated that the party who had com-
mitted this fraud was a member of the " House."

Much surprise has been occasioned in the City at
the Bank of England authorities having raised the
rate for advances on Consols to 6i per cent. This
is considered to indicate that the money market is
not in such a favourable condition as many sup
posed. There is now an active demand for accom-
modation, and 51 per cent. is charged for the nego-
tiation of the best bills.

The Bank of France Return is generally consi-
dered favourable.

At the commencement of business this morning
the Funds were heavy, and the dealings limited.
Since then a slight decline has occurred owing to
the announcement made at the Bank. Conic)ls for
money have declined from 931 94i to 931 for
money, and from 94i I to 94i, seller 3, for the
account. The New Three per Cents. were 94i
and the Reduced 94 Bank Stock is 216 to
218. Exchequer Bills are ls. to 4s. premium. The
Bonds are 98i 99.

The Foreign Stock Market exhibits a very in-
active appearance, and prices have shown a down-
ward tendency, which has been still further in-
creased by the announcement of the advance of
the rate of interest on loans on stock by the lank
of England, Russian 4i per Cents. are quoted
96 to 96k, Turkish 6 per Cents. 951 and the
4 per Cents. Guaranteed 103/. Dutch 21 per
Cents. 64i 644, and the 4 per Cent. Certificates
97t k.

the following are the nominal prices of Foreign
Stocks :--Grenada Deferred Bonds, 6 7 ; Mexi-
can, 21 ;' Peruvian, 771 8&; ditto 3 per Cents.,
55 6 ; Portuguese 3 per Cents., 43 5 ; Russian
5 per Cents., 106 8 ; ditto 4A- per Cents., 95 7;
Spanish 3 per Cents., 40i 41 ; ditto Deferred,
231 4 ; ditto Certificates, 51 6 ; ditto Passive,
51 6.

Messrs. D. Bell, Son, and Co. state that the
market for American Securities continues active.
During the past week there have been some con-
siderable purchases of State stocks for investment ;
and in railway bonds also there has been more
business.

Redeemable. Per Cent.
United States 6 per Cents. 1867-1868...103 105
United States 6 per Cent. Bonds 1868...103 105

STATE SECURITIES.

Alabama 5 per Cent
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

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

LOANS OF CITIES.
Montreal 6 per Cent. Bonds 1856-4865... 82
New Orleans 6 per Cent. Stock 1883... 75

RAILROAD BONDS.
Illinois Central 7 per Cent. Ist Mortgage,
not Convertible 1875... 86 87
Illinois Central 6 per Cent 1875... 82 84
Illinois Central 7 per Cent. Freeland
Bonds 1860...100 101
Illinois Central (Shares), IPS 164 174 p
Michigan Central Bp. Cent., Convert 1860...
Do. do. do. 1869... 91 95
New York Central 7p. Cent., Convert 1864... 91 93
New York Central - 6 per Cent., not
Convertible 1883... 80 82
New York and Erie 7 per Cent. 3d Mort-
gage 1883... 864 874
N. York and Erie 7p. Cent. Convertible 1862... 79 81
N. York and Erie 7 per Cent. Sinking
Fund 1875... 85 87
Panama 7 per Cent.,.lst Mortgage (Ster-
ling Bonds), not convertible t 1859... 90
Panama 7 per Cent., Ist Mortgage 1864... 90 92
Pennsylvania Central 6p. Cent., Ist Mort 1880... 88 89

There has been a very dull market for Railway
Shares, and in most of the chief lines a decline of
Ito per cent, has taken place. Eastern Counties,
Midland, and Great Western are ss, lower ; Great
Northern, Lancashire and Yorkshire, North
Western, and South Western 10s. each, and
Erighton 1/. In the French, Dutch, and Belgian
lines quotations are quite nominal, no business
having been transacted. Great Western of Canada
declined ss.
Joint Stock Bank and Miscellaneous Shares are
also at slightly reduced values.

BRITISH FUNDS THIS DAY &T ONK O'CLOCK.
(From the Official List.)

Bank Stock
2174
31per Cent. Reduced Annuiti
3 per Cent. Consols Annuities
.......... 91i 31
Now 3 per Cent. Annuities 944
Loeg Annuities, expire sth Jan. 1860.., 2 15.16
Ditto 30 Years, expire 10th Oet., 1859 24
Ditto 30 Years, expire sth Jan., 1860 2 9-16
India Bonds, £lOOO ...... .....
Ditto, under £lOOO par
Console tor Account 944
Exchequer Bills, 2'd.
£lOOO
£5OO 4 p
Small
Ditto Bonds, 1858, 34 per Cent.
Ditto, 1859
PRICES OF FOREIGN FUNDS AT ONE O'CLOI 'R.
Russian Bonds, 1822, I; St., 5 per Cent —
Ditto, 44 per Cent. 96i
Turkic!' Bonds, 6 per cent 9sf
Ditto Account
Ditto Guaranteed, 4 per Cent.
•
Ditto Account
Dividends on the above payable in Lonfio
Ditch Exchange, 24 per Cent., 12 Guilders 644
Ditto 4 , .
Per Cent. idertifieates 974

- -
Con TWO O'CLOC6.
Ditto Console Accoun, rnoneY
t 93i
941 sellers

"TIMEIDrm P
SAW% ika...,,.. -xOEBERY OF PLATE AT COLONEL LIND.
tbron.gCu.ti-2--Yesterday information was circulated
a daring and he divisions of the metropolitan police, of
deuce of Coextensive robbery of plate from the resi-
Street, Groav'ennei
sLindsay, M.P., 47, Upper Brook-
,quare.
ELEOTION
oRousto.---Yesterd STOREKEEPER FOR ST. PANCRAS WORK.
Vestry, Mratichald, at the meeting of St. Pancras
lebone Workhouse Ill"' the late master of St. Mary-
St. Pancras workihwona: elected to the storekeepership of
close of the ballot—m:' The numbers were, at the
23 ; Mr. J. Archer, 8 . "14 TRYan, 24; Mr. Clothier,
t0.0.z. S. Jackson, 1.
The Nimro'id, which
out two captains of the
Royal Artillery, 115 non-ee-rn'inreissioned officers and pri-
vates, 40 women, and 62 child e, arrived at Sydney on
the 12th of October. The latest dates thence are the
13th,

___
REPRESENTATION of RANDON.--The
understands that Mr. Francis Thomas Cork Reporter
Mackreth, of
Canonbury-park, London, has been iolicited to become
a candidate for the representation of this borough. Mr.
Mackreth was one of the late directors of the Cork and
Bandon Railway.

20
20
174
20

%4N
20t
100
100
100
100