The Sun.
London, England, 1857-01-14 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The Liverpool Cotton Market yesterday closed
quietly, and prices of all descriptions wore without
any alteration from the quotations current last
week. The sales were estimated at between 3,000
and 4,000 bales. The Railway Share Market was
dull, and prices were about the same as on Monday.
The commercial advices from the United
States, per the steamer Canada, mention that
there was great activity in the Money Market,
the demand having increased. Although the
exports of specie to Europe kad declined
the stock held by the City Banks continued to
diminish, in consequence of the drain to the South-
ern and Western States, where capital was much
required. The last City Banks' Return, when com-
pared with the previous statements, showed an in-
crease in the loans and discounts of $192,836, and
the specie had been reduced to the extent of
$758,888. During the week ending the 26th ult.
the value of the imports of merchandise ex-
ceeded the exports to the amount of $63,6984
The market for speculative securities at the latest
date was dull and heavy, most of the principal
Railway Securities having receded. The accounts
from the Brazils, which have just been received,
state that trade at Buenos Ayres was firm, and
most parties engaged in commercial transactions
were anxiously awaiting the establishment of
the differential duties which will take effect
next month. From Monte Video we learn
that business was prosperous, and export
operations had increased. At ltio there was an
exceedingly active demand for money, and the
rate of discount had advanced from 8 to 9 per cent.
On the Ist of the present month the export duty
on coffee was to be advanced from 9 to 11 per cent.
4—and as the coming crop is estimated to be smaller
than usual, we must expect diminished shipments
of this article. •

Since the receipt of advices by the Overland
Mail, recording an advance in the rates of exchange
in Bengal and Madras, and which inaluced the
authorities iu Leadenhall-street to raise their terms
on the respective Presidencies, there has been in-
ereasod firmness in the Silver Market. Yesterday
there was a ♦ery active demand, and the sum of
20,0001. in gold was taken from the Bank of Eng-
land for purchases of that metal effected on the
Continent. The rates of exchange for three months
on the principal cities of the Continent yesterday
afternoon underwent no change of importance.

There has been no movement in the market for
English Securities this morning. The prices are
without alteration, and business is dull. Consols
are 931 I for money, and 93i 94 for the sth prox.
The New 3 per Cents. are 94 to 941 ; the Reduced
93 ; and the New 21 per Cents. 761. Bank
Stock was marked 216 to 2171, and East India
Stock 219 to 22g. Owing to the pressure for
money Exchepler Bills are as low as ls. discount,
and the Bonds are 988.
In the Foreign Market there has not been much
change, the transactions being very limited.
Turkish 6 per Cents. are quiet at 95, and the 4 per
Cents. at 1031. Mexican Stock is 21k, and Peru-
vian 4/per Cents. 78 to 781. Sardinian Bonds 89
to 891, Venezuela 36, and Dutch 21 per Cents. 641.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 7 ; Mexi-
can, 211 ; Peruvian, 77/ 81 ; ditto 3 per Cents.,
55 6 ; Portuguese 3 per Cents., 43 5 ; Russian
5 per Cents., 106 8 ; ditto 41 per Cents., 95 7 ;
Spanish 3 per Cents., 40 40/ ; ditto Deferred,
231 4 ; ditto Certificates, fit 6 ; ditto Passive,
51 6.

A very fair business has been transacted in the
Railway Share Markets, chiefly in connection with
the arrangements for the settlement of the half-
month's arrears. Prices have, in most instances,
shown an upward tendency, more particularly for
Caledonian, Lancashire and Yorkshire, Midland,
North Eastern Berwick, whioh have improved
about 15s. Edinburgh, Perth and Dundee, Great
Western, Norfolk, and North British, advanced
about ss. The French lines are also rather firmer,
Central of France and Eastern of France haying
improved about ss. The Canadian lines have
been dull, at about previous values.
Joint-Stock Bank Shares rule rather lower.
Union of Australia have receded 10s. to 13s. ;
Bank of Egypt, ss. ; and Australasia, about ss.
London and County, and Ottoman Bank, are
steady.

In Miscellaneous Shares there is very little busi-
ness doing. Electric Telegraph declined. 105. ;
Crystal Palace advanced ss. ; and Peninsular and
Oriental Steam, 10s.

BRITISH FUNDS THIS DAY AT ON I i'CLOcii.
(From the Offictal List.)

t.,11.4,7144, done
Bank Stock
3 per Cent. Reduced Annuities
3 t4ST Cent Consols Annuities 93i $ 8
Now 3 per Cent. Annuities 9l -,t, I
New 24 per Cent. Annuities 76i
Legg Annuities, expire sth -lan. 1860_
Ditto 30 Years, expire sth April, 1885 lB 1-16 18
India Stock
220 19
Consols km Account . I
.Exchequer 2!;(1.
£lOOO
. 1 d
£5OO
2 p
Brnall
Ditto Bonds, 1858,34 per Cent........,
Ditto, 1859

-PRICES OF FOREIGN FUNDS AT ONE O'cLo,
Brazilian Fonds, 5 per Cent. lOl
Mexican 3 per Cent 2li
Peruvian Bonds 4i per Cent
Sardinian Bemis, 5 por Cent.
Turkith Bonds, 6 par cent 95
Ditto Guaranteed, 4 per Cent.
Venezuela Bonds, 41 per Cent
Dl,idendr, on the above ,a able to Lon ',n.
patch Exchange, 2,i per Cen';., 12 Guilders 64i
Ditto 4 per Cent. Certificates
TWO O'CLOCK
ennßols mono
Ditto Account