The Sun.
London, England, 1857-02-12 00:00:00

MONEY MARKET

COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
The Liverpool Cotton Market yesterday closed
rietly. Brazilian were id. per lb. dearer, and
Friday's
Id. per lb. dearer when compared with
brulay's rates. The sales were estimated at 8,000
bales, 1,000 of which have been taken on specula-
tion. The Railway Share Market was rather firmer,
at unproved rates:
'al
from Constantinople state that a good
'al of uncertainty prevailed on the subject of the
Proposed State Bank, some doubt being exprersed
Whether the guaranteed interest on the capital re-
quired would be granted by the Government.
it Ne-
gotiations, however, were in progress, and was
generally presumed that a favourable arrangement
Would actually be effected.
The letters received from Hamburg this morn-
-Ing state that the Money', Market there was abun-
dantly supplied, and 90 days' bills were easily ne-
gotiable at 33/4 per cent.
Increased easiness is reported in the New York
Money Market in the accounts by the steamer Ame-
rica, 7 per cent. being the allowance for loans on call,
While the rates of discount had receded to 8 and
12 per cent. The last weekly return published by
the City banks exhibited very few features of in-
terest. The loans and discounts had increased
234,014 dollars, and the specie was smaller by
321,030 dollars.
Al'hough there is no alteration to report in the
value of discount accommodation there is de-
cidedly an improved feeling, which has been
Partly stimulated by the favourable reduction
",hikted in the Army and Navy estimates.
There is a disposition to look forward with
increased cdnfidenc with regard to monetary
affairs, and the prospect of the arrivals of gold,
being far in excess of the shipments to the Conti-
nent, has dissipated the fears lately aroused by the
continuous drain. About 100,0001. of the
toldgold by the Morning Light was sent into
by
yesterday. The directors at the
Weekly Court to-day have made no alteration in
the rate of discount, and owing to the more satis-
factory position of things, scarcely any anxiety was
evinced to ascertain the result of their deliberations.

The upward movement in the value of the Fundsso bas continued, the improvement this 25
morning being ito tl per cent. Of course 100
this movement has imparted animation to the 50
Izarket, and further speculations for a, rise have 20
been effected. The anticipated contents of the st.
financial statement have stimulated purchases, and 50
the appearance of the various markets is buoyant. sst.Co
nsols for transfer were 93a 1, and have since
been 938 i 94. For the account the quotations St.,tt
s
have been 94 to 941 941 /. The New 3 per Cents. °
..
are 94i
i ; and the Reduced 931 to 941. Bank 25
Stock is 217. Exchequer Bills are par to 3s. gg
premium; and the Bonds 981 i• St.
The dealings in Foreign Stocks have not been
St.lo
very numerous, but prices have been influenced by
the improvements in the value of Consols. Mexican 20
are at 211 22. Spanish 3 per Cents. have advanced 10
to 401 I, and the Committee's Certificates 6,i. st.
Turkish 0 per Cents, are quoted 94k, I, 5, for
moue 20
y, and 951 for the next account. The 4 per 10
Cents. rule firm at 1018 i ; Venezuela Deferred, st.
9151 ; Dutch 21 per Cents. 65/ ; and the 4 per Cents. St.
10

The following are the nominal prices of Foreign
Mocks :—Grenada Deferred Bonds, 61 7 ; Mexi-
can, 211 21. ; Peruvian, 77 79 ; ditto 3 per Cents.,
64 56 ; Portuguese 3 per Cents., 43 5 ; Russian
6 per Cents., 108 10 ; ditto 4 per Cents., 95 7 ;
Spanish 3 per Cents., 40 ; ditto New Deferred,
24 24i ; ditto Certificates, 6k ; ditto Passive,
ti
The last week's railway receipts, ascertained up
to this day, are in round figures as under :

1857. 1856. 20
Great Western . £24,348 £23,885 20
North-Western
Brighton 10,561 9,696 20
10
Midland
South-Eastern
Caledonian
Great Northern
Lancashire and Yorkshire
Bristol and Exeter 5,138 5,493 20
Chester and Holyhead
Lancaster and Carlisle -
Manchester, Sheffield, and Lincoln 8,863 8,125
North Stafford
18
North London
Oxford, Worcester, and Wolverh 3,738 3,298 18
Shrewsbury and Chester
Shrewsbury and Hereford
Waterford and Limerick
Glasgow and South• Western
Great Western of Canada 7,694 8,161 100
Northern of France - 36,980 34,215 20
In the Railway Share Market the arrangements E
for the half-monthly accounts have caused a con- 20
siderable business to be transacted, and higherrates 171
are current for most of the principal lines. Cale- SL
donian improved 1/. ; Eastern Counties, ss. ; Great 20
Northern, N. ; Great Western, 1/. ; Lancashire 100
12
and Yorkshire, 11. ; Brighton, ss. ; North-Western, 20
U. ; South-Western, 1/. to 1/. 10s. ; St.
North British, 15s. ; North Eastern Ber- 100
Wick, 1/, ; ditto York, U. ; and South-Eastern 20
-15 s to 1/. The French lines are inactive. 20,
p„
Paris and Lyons have advanced about ss. ; Dutch 20
Rhenish, ss. ; and Great LuxemboUrg, ss. to 7s. oi2
.6d. Great Western of Canada are also ss. higher, No
and East Indian, 1/. to 1/. 10s. KO

No business has been reported in British, or 20
Foreign, or Colonial Mining Shares, and prices 20
are unaltered. 20
Joint Stock Bank Shares have ruled dull. Lon- 20
20
don Chartered of Australia improved about ss. 20
20
Micellaneous 'Shares have been very inactive. 2,
National Discount Company have ruled. rather
higher, and Peninsular and Oriental Steam ad- _
vanced about 15s. 10
20

BRITISH FIINDS.—CLOSING PRICES —THIS DAY,
(From the Offictal List:) _ _

rinsinesi dons
Sank Stock 217 16
3 per Cent. Reduced Annuities......;""
....... 94 3% 4%
3 per Cent. Consols Annuities iiBi4
New 3 per Cent. Annuities.......... 941
India Bonds, £lOOO ......... .;
Ditto, under £lOOO 2
Consols for Account . 94p % 1
Bxchequer 24d

£1.060 ....
...... par 33
Pp
Par
}:680
En all
Ditto Bonds, 1858, 34 per Cent 9Bi 4 a
Ditto, 1859
EPRICES OF FOREIGN FUNDS—THIS DAY.
Brazilian Bonds, 5 per Cent.
Do., New, 1829 and 1839, 5 per Cent —
Ditto Account
Ittexican 3 per Cent 22 li
22
Ditto Account ...
Spanish floods, 3 per Cent.
Ditto New Deferred, 3 per Cot .
Spanish Committee Cert. of Coup. not fun 6;
Turkish Bonds, 6 per cent
95 4i 51 f
Ditto Account 1
Ditto Guaranteed, 4 per Cent. ... .
Ditto Account loli i
Venezuela Bonds, 41 per Cent ...............
Ditto Deferred 1a per Cent.. .. .. .... .
' 1 .6enOs 0, the above payable In Lon& n.
Dutch Exchange, 21 per Cenl., 12 Guilders 6N
Ditto 4 per Cent. Certificates
............. 98.. i
THREE O'CLOCK,
Consols, money
Ditto, Account (March 5) 93i 4
" 9li i

ACCIDENT TO THE BELGIAN GOVERN3IENT MAIL-
STEAMER. The Diainant, which Belgianleft ft Dover with the mails on Friday, at
Government mail steam pocket
11 p.m., ransho ashore to the eastward of (Mend on Satur-
day morning.
got off in the course of two l
hours, and reached ()wield at 8 a.m. This is the same ,
vessel that ran down
last year. Fortunaterd Alfred Paget's fine new yacht i
the weather was moderate, or ;
the mails and passengers ould have bad a narrow
PARLIAMENTARY PAPER escape. 11
log papers were issued yeetserlidNapy RETURN%—The follow- li
with France and Belgium ; :----Postal aarrangements 1!
1 at Paris of Jan. 6
for carrying out the treaty oPfrtacr(Ch 30, 1856 ; treaty
with the King of Siam ; convewith France on the
subject of the Newfoundland fishery returns relative to I,
pauper children ; annual report of lie; Irish Ecclesiastical
Commission.
THE WHITECIIAPEL IMPROVEMENTS A memorial l:
been addressed to the Commissioners of Woods has
and
i
Forests, Land Revenues, Works, and Buildi
Board of Works for the Whitechapel district,ngs' by the
log of the inconvenience and loss to the parishes of
m PiaSitit:
Mary, Whitechapel • Christchurch, Spitalfields ; and the
Liberty of Nortonlolgate, consequent on the contena- I
plated improvements not being carried cut. The memo-
rial states that in consequence of the suspension, or non-
completion, of the line of street called Commercial-street
into Shoreditch, and by allowing the present ground to
remain unoccupied a great loss is occasioned to the seve-
ral parishes and places within the district. The memo- I
rial prays that the street may be immediately finished, . ,