The Sun.
London, England, 1857-01-05 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocx.
Letters from Liverpool state that the Cotton
M arket on Saturday closed firmly, but without
an imation, and prices of all descriptions were at
ful tly last week's rates. The sales were 10,000 bales,
1,1 100 of which were taken for export, and 1,000
on speculation. In the Railway Share Market the
demand was tolerably active, but prices remained
us ushered from the current rates of Friday.
From the manufacturing districts the accounts
re ceived this morning report no alteration of im-
p Drtance in the various cloth and woollen markets.
I ?rem Leeds we learn that the mills are generally
i la full work, and the operatives are fairly employed.
11!he prospects of the New Year are encouraging,
and an active business is expected to arise early in
t lie spring. In the worsted trade of Bradford the
to ansactions during the past week were limited,
t'tte settlement of the annual accounts engrossing
chief attention. At Manchester the continued
rise in ootton has interfered with the proceedings
or the manufacturers and merchants.
The accounts received from New York per steamer
Africa mention that the money market in that
city was very stringent, and increased pressure
Was generally anticipated. According to the last
weekly return published by the City Banks
the loans and discounts were rather smaller
owing to a restrictive policy having been
commenced. The specie showed a slight augmen-
tation, but a decline was soon expected in conse-
uence of the export demand and the large
remittances that were being made to Savannah,
Mobile, New Orleans, and Charleston. Speen-
liative Securities were firmly maintained by the
.131Z11s, who considered the tightness of the money
irtarket as merely of a temporary character.
For some months pass the Ottoman Govern-
*lent has been making endeavours to constitute a
11 rational Bank, partly with the view of raising a
to an to supply the exhausted treasury. There
w, *re several competitors for the concession,
lot :al as well as foreign, but aivices have
now come to band announcing that a Batis-
ta. ctory arrangement has been completed with Eng-
lia h and French capitalists. We may therefore
eel pect that the projected loan of ten or twelve mil-
lions sterling, which is to be immediately negotiated,
will tend to augment the efflux of gold from this
country. Subscription lists will probably be opened
at Paris, Vienna, Constantinople; and London,
hut the greater portion will no doubt be taken up
*bore, especially if the terms are advantageous.
'The shares of the Ottoman Bank have been
rather depressed during the last few days, the
directors not having been successful in obtain-
ing the concession for the State Bank, but
they are now firmer, as the company will no doubt
continue to transact a profitable business.
The demand for money in Lombard-street and
at the Bank of England is less active, and the best
descriptions of paper are negotiated on rather
easier terms.

The market for public securities continues re-
markably firm, with a slight tendency towards im-
provement. There is, however, very little animation.
donsols opened at 91 to 94,1,- and they are now
steady at that quotation. The quotation for Feb. is
1:14i k. The New 3 per Cents. are 94i and
the Reduced 94i Exchequer Bills are steady
at 4s. preen. Bank Stock is 216} to 218.
Foreign Securities are quiet, but generally at
former quotations. Turkish 6 per Cents, have
risen per cent., viz., to 951 Russian 4i
per Cents. are 96 to 961, the Small Bonds 97i,
French 4i per Cents. 92, with the exchange at 25f.
20c. Sardinian are 98i, and Brazilian Small 100 k.
The Ecuatorian Commission of Agency have this
day received from agents at Guayaquil a remit-
tance of 4,672/. 3s. 2d. on account of Ecuador
dividends.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 ;
can, 21k i; Peruvian 4i per Cents. 77i ; ditto
3 per Cents., 55 6 ; Portuguese 23
per Cents ,
43 5 ; Russian 5 per Cents., 106 8 ; ditto
per Cents.,
95 7; Spanish 3 per Cents., 40i
401 ; ditto
Pass
Deferred, 5
231 6 ; ditto Certificates,
Al ; ditto ive, 1 i.
The Railway Share market this morning has ex-
libited rather more firmness, and an improvement
of fully to per cent. may be noticed on the
Caledonian, East Lancashire, Gt. Northern, Great
Western, Lancashire and Yorkshire, South Western,
Midland, North-Eastern Berwick, and South-East-
ern. The French lines are dull, and Paris and
Lyons rule rather lower. Great Western of Canada,
and Grand Trunk of Canada are rather higher.
Joint-Stock Banks and Miscellaneous Shares are
1450 at rather enhanced values.

BRITISH PUNDS.—CLOSING PRICES—THIS DAY.
(from the Officta Listi)
enqm.,-- done
&1< Stook
3?!ryent. Reduced Annuities
-776 Per Cent. Annuities
India Bonds, £lOOO
Ditto, ender
eincriaolsstfo
for onlnotoo
Ditto A
$
zehenzteec_oln..t.
£lO4O r..'5114, 24cl-
gu_____
........... —.... .
a?, . .
•... ... PRICES ........
...
op FOREIGN FUNDS—THIS DAY.
Brazilian Fonds , 6 Per Cent........... 1011 1001
Ditto Small.
1001
Ditto New, iii6i; .:4
rtrCent.
Chiliaa Bonds, 6 per Ce
3 pee Cent . , 1825. ...................
Danish Bonds, 10...4i
Ditto 5 per Cent. .. •
Russian Bonds, 1822, 13,. , 5
•. .1. ..................... 103
Ditto, 4i pet, Cent...... : Per Cen.t , _
Ditto Small ............. ..
Sardinian Bonds, 5 per Cent.
Sw
spla6sh Committee Cert. of Conp.... ... 3i Tun• 684
edish 4 per Cent. .................. P °
Ta.., , ..d. t, onds, 6 , cent , ~, .
„. ....... 851
•
Ditto Account - .......... ..
-- .... .9-Alat
cy en.? e,, .. ~i,....
.:. atle iil I, 0 . . `.• 8 8
6942 if.
sexx 2Sf. 20c
French Routes, ‘4 per Cent.— ~.. ... . ....
THREE
Ditch Exchange, 2 per Cane., 12'
Guilders
O'CLOCK.

Consols
.....
Ditto Account (January 8) 94izd