The Sun.
London, England, 1857-02-19 00:00:00

MONEY MARKET

AND
COIVIMERCIAL7INTELLIGENCE.

CITY, Two o'CLocK.
Letters from Liverpool mention that the Cotton
Market yesterday manifested a heavy appearance,
and_ prices of all descriptions were id. per lb.
dearer than last week. The sales were estimated
at 7,000 hales, 1,000 of which were taken on 25
speculation. The Railway Share Market was 25
steady, at a considerable advance on Tuesday's St.
(Notations. st.
The official returns relating to trade and naviga- 85t4i
tion for the twelvemonth ending Dec. 31, 1856, 20
have just been published. From these it appears 100
that the total declared value of exports from the 10
'United Kingdom, for the year, was 115,890,857/. ; 50
Showing an augmentation of 20,202,7721. com-
ct
Pared with the previou.s year. The increase is per- 20
ceptible in beer and ale, coals and cuina, cotton
Manufactures, cotton yarn, earthenware, haber-
-25
dashery andmillinery, hardware and cutlery, leather, 25
Unenmanufactures, linen yarn, bar iron, thrown silk, &:It.
refined sugar, woollen and worsted manufactures, 10
and woollen and worsted yarns, but there was a St-
-10
falling off in fish and machinery, and in sheep and St
lambs' wool. The imports of the principal articles 10
were larger-of brimstone, cocoa, wheat, barley, sat
Indian corn, flour, raw cotton, dyeing stuffs, flax,
Currants, plate glass, hemp, hides, leather, mann-
factUres, potatoes, provisions, rice, saltpetre, silks,
Pices, brandy, unrefined sugar, tea, tallow, tim-
ber, tobacco, wine, and sheep and lambs'
Wool. There was a diminution compared
with the previous year in live animals, coffee,
embroidery, lemons, guano, hides, copper, opium,
quickbilver, and rum.
The shipping accounts exhibit an increase on the
tonnage of vessels employed in the foreign trade of
the United Kingdom of 1,223,235 tons for the
entries inwards, and of 1,313,849 tons for the
clearances outwards.
In the coasting trade there is also a slight in-
crease on the tonnage of vessels employed, both
entered outwards and cleared inwards.
A- !definite arrangement for the great Russian
Railway undertaking has at length been made.
The particulars have frequently before appeared,
but they are now, republished as their terms have
been officially completed. The only new feature
In connection with this subject is the statement
contained in the continental advices that the
`` caution-money" collected on the subscriptions
raised in Paris is to be invested in French Rentes.
The entire capital required is 45,000,0001., of which
12,000,0001. is reserved for France. On this sum
the. caution-money will be 15,000,000 francs, or
about 600,0001., which, if invested in Rentes, will
probably afford those securities, and thus gratify
the French Government, to whom the present low
Value of the national funds is a source of some an-
noyance. This plan is evidently for the' twofold
Purpose of pleasing Louis Napoleon and attracting
the investing public. Although some difficulty li
May be experienced in raising the means or
making the project float in the present state
of 'the money market, there can be no doubt
that it will eventually derive support, as the
English are always ready to enter into
foreign enterprise whenever money becomes abun-
dant. The guaranteed interest of 5 per cent. is an
attractive feature, and the proverbial integrity of
Russia in her financial operations, will increase the
prospect of this project being successful, as far as
the obtainment of the capital is concerned.
The steamer Pera, from Alexandria and Malta,
bas arrived off Hurst Castle with the remaining
Portion of the India and China mails, having made
the passage from Malta in the short space of eight
days. ' The Magdalena, from the West Indies, is
announced at Southampton, and the letters by both
opportunities are expected in town to-morrow
Morning.
The repeat just issued by the Midland Railway
Company states that the balance available for divi-
dends is 269,6071., which the Directors propose to
distribute as follows :-21. 2s. 6d. upon each 1001.
consolidated stock •, 1/. Bs. 9d. upon each 1001.
Birmingham and Derby stock; 31. upon each 1001.
preferential stock ; 31. upon each 1001. Eyewash
Valley stock ; 21. ss. upon each 1001. 4k per cent.
preferential stock ; 7s. 6d. upon each 161. 13s. 4d.
share, being half-a-year's interest at 41 per cent. ;
21, upon each 1001. Leicester and Hitchin preferen-
tial. Steck ; 21. upon each 1001. paid on account
of 5/.shares, which will leave a balance of
16,0061. 9s. 4d. to be carried to the next account.
There is rather a heavy market for English -
Stocks to-day, but business is very quiet. A few 1;00
speculative sales have taken place, which have tern-
poirarily exercised an unfavourable influence. Con- 18
sole for transfer have been 931 1, and for account 2(:,
94 to 941, and 931 to 94. The New 3 per Cents. 100
have been 941 the Reduced 94 to 941, and the 100
30 years' Annuities 18 5-16ths Exchequer Bonds 100
are 98/ t. 20
The transactions in the Foreign Market 20
have been to a fair extent, and the quota- 20
tions are tolerably steady. Turkish 6 per 20,
Cents. have been 95t 1, Sardinian 901 and Rus- Yo!
sian 41 per Cents. 97 to 97k. Mexican are firm at st.
221. Dutch 2i per Cents. have been dealt in at 20
65, and the 4 per Cents. at 981. 100
.The following are the nominal prices of Foreign 100
Stocks :-Grenada Deferred Bonds, 61 7 ; Mexi-
can,22 22t ; Peruvian, 80 81 ; Ditto 3 per st.
Cents., 55 56 ; Portuguese 3 per Cents., 43 45 ; 100
Russian 5 per Cents., 109 111 ; ditto 4i per Cents., 20
96 98 ; Spanish 3 per Cents., 40 41 ; ditto Deferred, 20
24,1 24/ ; ditto Certificates, 6i 6i ; ditto Passive, 2Cq
6. 20
100
The last week's railway receipts, ascertained up 100
to this day, are in round figures as under :- 100
1897. 1856. 100
North-Western
South Western
Brighton 9,898 9,183 20
Midland
South-Eastern
20
Caledonian
Great Northern
Lancashire and Yorkshire
Bristol and Exeter 4,836 5,306 -
Chester and Holyhead
East Lancashire 5,925 5,262 10
Lancaster and Carlisle
Manchester, Sheffield, and Lincoln 8,702 7,850 5
North-Eastern
Oxford, Worcester, and Wolverh 3,811 3,147 6
Glasgow and South-Western,969 5,552
Scottish North-Eastern
Grand Trunk of Canada
Great Western of Canada 7,981 9,397 20
Northern of France
Sambre and Meuse
A moderate business has been done in the 1C
Railway Share Market, and prices have in 20
almost all instances been fully maintained. Caledo- 20
nian have improved ss. to 10s., and several other 20
have advanced to a similar extent. The Colonial 2g
undertakings are quiet ; and the Foreign, although 2O
also dull, rule steady. 33
•In Mines, Banks, and Miscellaneous Shares there 10
is no particular feature to notice. 20
20
16
10
20
20
20

St.
50
St.
St.

BRITISH FUNDS.—CLOSING PRICES —THIS DAY,
(From the Official List.)
SuMnesft done

3 per Cent. Reduced Annuities 94 4
3 per Cent. Consols Annuities
i A
New 3 per Cent. Annuities
Legg Annuities, expire sth Jan. 1860 —
Ditto 30 Years, expire sth April, 1885 122805-16 i
India Stock.
India Rondo. A:1000 •
.......... .........
par
2 d
.
Ditto, under £lOOO
Consols for Account .......................
.. ~....
lizeheclner Bills, 24d
ZlOOO . •
—__
............ —... ....... . . --4
. 640.0..uu.. ................................ . ....... P
4 1 p
Ditto Ben;Zi; .. - .
Ditto, img ''
1858, 34 per Cent. • 98A
•
BrazPiiißanlCZ p.p.. ........
REIGN FUNDS—IRIS DAY.
Ditto Accounts ni 5 Per Cent. _
Chiliau Bonds, 6 i;;;;•6;ii.... .
Koxican 3 per Cent~,
Ditto
BoAccountnds,l i ........................... ...................... .....
—221 i
Ditto, 44 per Cent, 1: $
t-. 5 Per Cent —
Bardinian Bonds, 5 ~,,, ...... *. ..... - 97 4
spDtnititiohAßoccztzt3 .
p..er.r....r. ..1. .. .... :: ..
.... ..
........... .▪
..▪ . 99001 13
.
Cent. .................. 404
Ditto Account , i .................. 404
Ditto New Deferred,
Zpanish Committee Cert. 10);yeet:1„.' ...... 24
Turkish Bonds, 6 per cent, o -'-' n3'
..... 6sl
Ditto Account .......... """••••••••...... 95
Ditto Guaranteed, 4 p.e.r. ........ ........ ......
ii.'" nt ig 1
it L Wends on the above uayable 1... .
Dutch Exchange, 24 per Cent., 12 G. 7".A)(q11.
Ditto 4 per Cent. Certificates ull."
....... ..... 384
TEMBE
Consols. money .............. O'CLOCK
.
Ditto, Account (Marsh 5 ............... 9311 ....... ........ 9:s-
-

i3i 4

According to accounts from Rome, the next Con- 12c
siatory is to be held on some day between the 15th
and 20th of March, and seven French prelates will
be pv.aconised at it. The bull for the installation
of the new Archbishops of Paris, Tours, and Aix, 1.
wild arrive, it is stated, in France in sufficient time
to enable those Prelates to take possession of their 1(
Vines before Eaater. A 1