The Sun.
London, England, 1857-02-10 00:00:00

MONEY MARKET

AND

C OMIYIERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.
Lette re.. from Liverpool state that the Cotton
Market yesterday was rather firmer. Prices of
g3rptifins were id. per lb. dearer, and Brazils id.
to id. per lb. dearer. The sales were estimated at
18,000 - bales. The Railway Share Market was
steady;rit a slight advance on Saturday's quotations.
The Mincing-lane markets this week have opened
large
a firm appearance, and notwithstanding some
aarge tales are advertised, importers expect to realise
full prices, the demand both for home use and for
"Partation being . active. There is evidently an
11131v"ird. tendency, and a disposition to speculate
exist 8, which., if money became easier, would no
vtauba at once lie developed.
Although the arrivals of gold from Australia will
Unckrubtedly haVe the effect of strengthening the
bank% reserves at the Bank of England, they are
not likely to exercise any permanent influence on
the 'Money Market, for it is very questionable
whether e'c -en a small portion will remain
here. Extensive orders to 'effect purchases are
alreaay at Land, and the sum by the Heather
Bias bee al taken for transmission to Paris, on
accouunt, as is alleged, of the Bank of France.
Other vesse is are soon expected to arrive from
Austi ralia in the course of the next three or four
Weeks, so IA there will no doubt be an ample
Ruftpl y to me :et all the requireinents for exportation.
Advices fi :om Hamburg report a further decline
in the rate if discount, viz., to 32. per cent. From
Vienna, we I earn that monetary affairs in that city
are ale()
imp roving, and the Bank is steadily accu-
kulatimg
li ullion, the total now held being
8,909, 0001.
Thore war ; a meeting yesterday of the holders of
Vene:nzela I sends, J. D. Powles, Esq., in the chaCr,
° read th es agreement which had been provision-
V . a
4 ig tlea by the Committee and the Commis-
done
she.. adjustment of the debt of the Re-
rO___.7 it us e.sieenient Was 111 substance as fol-
-73 • !-• -
3 Tiro erre ars of dividend to be capitalised and bear
n,,e Per . sent. iterest till 1862, and 4 per cent. afterwards.
i 51.1 A etive S took to receive 3 per cent. till 1867, and 4 per
r ifterwa rds. The Deferred to have 1 per cent. till 1862,
21 Per rent. fc r the next five years, and 2 per cent. after 1867.
I"- 1
~,..‘,Per 'cent. fOr the customs' revenues of the republic to be
10-%0 apeeiial agents there, and remitted to Messrs.
do k Rill and Company for payment of the dividends.
az not an ffici ent the amount to be made up by the Govern.
'gent; fin excess of the required amount, the balance to
retn.xl nod to the Government until 1867. After that date
a
%It* ats fund to be commenced." After some discussion
?e fo/ llowintg resolution was adopted, viz.—" That the
ream et it COT winded between Senr. Modesto Urbanego and
se• j• tuna Giuseppe, commissioners from the Republic
11,,:1; 02:uela :and the Committee of Spanish American Bon d-
dared the 30th day of January last, for the ad-
'sctsf tin; of -the foreign debt of the said republic, be
„tPro% aidt by this meeting, and that the committee be re-
'a este d:-to ti %Ice measures for carrying Cie same into effect."
The 3:needing.° of the Peel River Land and Mine-
tal'actl 90....1npan.y.,he1d this morning, passed off satis-,
13 .A dividend of Is. per share was declar-
-11;1,▪ 7:filch 'would be payable on the 9th of March
A. profit of 4,9201. had been made in the
retZF• 1)3? the stock operations, but the result of the
tlieln..l3f the gold-fields war not very encouraging,
40 Sr geu of the deposit being very limited. More
itoPek°l4'as placed in the letting of the lands and live
vote
'Plas. The report was agreed to, and a
There
thanks was passed to the Directors.
conlue re is a very good inquiry for discount ac-
.slll,3`oda .lion to-day, and the brokers and others
(ma es demand. full rates for the negotiation of
_he rcanti le paper.
Rae_ rea sea firmness is apparent in the Stock
4et) partly owing to the expectation that the
du.7:.keell or of the Exchequer will propose some re-
he 'l' °,4. in the Income Tax on Friday next, when
• present his financial statement. The re-
ha.rB 0. E gold and some real purchases of stock
ale ,o strengthened them arket. Consols for
ice"neYb lave been 92-4. 93, and 93 to 931; and for
bee 93 931 #, and. 931 The New Threes have
is 2117,331 I • and the Reduced 931 #. Bank Stock
Bar to 2 117 ; and India Stock 220. Exchequer
ate ' firm at 1:41, to 3s. premium.
hav°r*eit rn Securities are firm, but the transactions
e t been numerous. Turkish 6 per Cents.
are .
2!inar ked 93f R. Venezuela 41 per Cents. 37a
ench 3i per Cents. 68 121, with the exchange at
7 21) ' • Belgian 4f per Cants. 981 ; and Dutch 2/
Or sits. 651. Spanish Certificates are quiet at
'e ; S L-edinian Bonds are 90/ ; Mexican, 21k, and
r New Consolidated, 141.
the ifollowing are the nominal prices of Foreign.
;to*
—Grenada Deferred Bonds, 6i 7 ;
• °6
• 21; 22 ; Peruvian, 77 79 ; ditto 3 per Cents.,
; Portuauese 3 per Cents., 43 5 ; Russian
!t), per Grents. 108 10 ; ditto 4-/ per Cents., 95 7;
"
atliEja 3 per Cents., 40 I ; ditto New Deferred,
6I ; ditto Certificates, 61 ; ditto Passive,
Theft ) has been a limited business done in the
Railway Share Market, and prices in most in-
minefss have shown an upward tendency. Caledo-
Liii,all h eve improved about ss. to 10s. Great
'ivester. a, 10s. to 15s. Lancashire and Yorkshire,
eau,Manchester, -Sheffield, and Lincoln, 55.,
eau, d 7s. 6d., and North-Western about 10s:
'flight° and North British have declined about
,P". 'be French lines have shown an improve-
„s',,nt-4 Paris and. Lyons have advanced about 155.,
e• tc irthern. of France rule firm. The Canadian
a re steady, and East Indian have receded
abut a Os. to 15s.
In B:ritish and Foreign Mining Shares no deal-
fgsl f?f any importance have taken place, and prices
in unaltered.
Jo int-Stock. Bank Shares have also been inactive.
feat
:of Ne-v(South Wales declined 10s. London and
w. 14 oinster and London Chartered of Australia
acre .dealt in at previous quotations. For the
Quase etlaneous undertakings there is very little in-
i qury
a ~- Canada Government 6 per Cents., Canada
N.an2l) London General Orcnibus Company, and
'14114 Discount Company brought yesterday's
valuezu

ailliTY BH FUNDS,—CLOSING PRICES—THIS DAY
(.From the Officutl List.)
Basin... done
iftl!, 111( Si ock 216 17h
" Per klf .nt. Reduced Annuities 934 R
Never...
t; ent, ComolslAunxitioq 93 2i 3h
~_w3 per Cent. Annuities 93i a i
4•°tlg'A nnnities, expire sth Jan. 1860... 2i
Ditto 30 Years, expire sth Jan., 1860 2a
Ditto 30 Years, rx ire sth April, 1885 lBh 3-16
!adjs. Stock '' p
I.lselia Bonds, £1.000
c
~„ Ditto under 1.000 1 p
onscils for AcAlottuz i a ti.
Azohequer Bil%, 24d. ...... - 93
Cl.OOO ...
&ball_ ....."...." ." par 3 p
DB+ al 1301.:g;: 1858.....
per Cent —
Ditlini Vds9
P.ErCES OF. FO
iift....1711-...N-D—S-LTIIIS DAY.9B3
Danish Bonds, 3 per Cent 5
Equa(lor N•ew Consolidated,,, ~. . .........
Grenrstla ?Jew Active, 21 perB4a 5
Cent.': 2214h
°Joe:it Pr ands s .............. me..tican 3 per Cent s
- ~. Ditto Aceount .. ...............................h
Cl 6k
-rt rtuguese Bonds, 5 per Cent., Con. 1.841
Dittt ) 1853, 3 per Cent ........................ 441
*rdini an Bon Is, 5 per Cent. .......... ..... 90 Spaniel i Committee Cert. of Coup. not fun. 6sl
fi9o
Turkieb Bonds, 6 per cent ........... : .........
Ditto Account
93i * 3
Veneguela Bonds, 4i per Cent ..........
Ditto Account
37/
nrtvidends on the above nayable in Lona, n.
}renal Rentes, 41 per Cent. _
RDitto 3 per Cent. 6Bf. 12,12 c. ex 25f. 20c.
ele au., 2 per Cent., ex. 25 francs ........
,Diito 4i per Cent.. ex. 25 francs ...... .. 98.4
"lac .11 Exchange, per ° ' Con;., 12 Guilders 651
..,„2
THREE O'CLOCK.
Consols, money 93
()itto, Account (March 5)

Vemen.F
....
INISRACTION OF SHIPPING ACT.—Yesterday,
at the Liverpool Police Court, Captain J. INl`Gowan, of
fue
•81111) Prince Arthur, was fined 51. and costs for re-
rtitlg to comply with the order by the British Consul
a_,Co.nstantinople to carry home a British seaman who
and " lef't his own vessel and been unable to procure
Ms. ,Lim,,,,, ~
On W ednesda.,
'''
' 15 ELL, m p HIS CONSTITUENTS.—
, . ~ AND
Guildf Ord, nlt4 his last, Mr. James Bell, M.P.
afo.r.
dresailog th.cina 0 a constituents for the purpose of
.0
urialg the per the subject of his Parliamentary duties
After giving "an be has acted as their representative.
tion. exprespingbe
Sit of his stewardship," a resolu-
unaiaimortbly passed. ued confidence in Mr. Bell was
P'UBLI'C INCOlia AND E
_Xo PENDITURE.—The total income
of the -united king, daoratnat
artt he year ended the 30th of
epteraber, 1856
total expenditure to 83,30 V to 71,348,066/., and the
16,95'0,411/. The Custo ,4771., leaving a deficit of
raps, 7,180,0411. ; taxes,
Excise, 17,861,77 n, . :It 8 yielded 23,093,3001. ; the
3,100,0261. ; the inco'rne- as it is here called, the
" Property-tax," 15,940, 330ri.:
nand the
2,788,152/. As regards the Post-office
was; appropriated tl the charl'eenditure, 28,625,51174
1,760,321/. to the charges on tlfe of tbe public debt ;
eluding the civil list salaries and ccaoundsolidated fund (in-
-67,931,(381 to the supply services. Bfofjustictl; and
army and Ordnance copt the country 28,09 these lad the
equal to the interest of the debt ; the na 4,8241., a sum the Note of credit (war with Russia), 111107'608,995/. ;
ellaneous civil services, 6,693,172/. • a d
,040/. ; mis-
c n the salaries of
venue departments, 4,124,6471. The ballocesof es
lie money in the Exchequer on the 30th of Se pub-
amounted to 7,084,743/. In the year ended the gnsit)er
December last the income was 72,218,988 i., and the
expend'tureB2,323,4ool.,leavingadefieit of 10,104,412/ ,
~r but.; by 600,00 u/. than at the and of the preeedirjg
quarter, 'lle 1 roduca of the income tax for tll.l at
the end of the year amounted to the sum total
6,942,427/. of