The Sun.
London, England, 1857-02-17 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, Two O'CLOCK.

Letters from Liverpool state that the Cotton
Market yesterday closed firmly, and prices of Ame-
ricans were 3-16 d. and Brazils .j3d. per lb. dearer
than last week. The sales were 20,000 bales, 2,000
9f which were taken for export and 8,000 on specu-
lation. The Railway Share Market was quiet, at
a slight decline on Saturday's rates.
A meeting was held yesterday of the creditors of
Mr. G. B. Rocca, whose failure we announced on
the 3let of December last. Tho balance-sheet
presented gives the total liabilities at 77,634/. 12s.
Id.) while the assets are stated at 20,8961. 2s. 10d.
.r
4t is expected that a dividend of about 4s. Gd. in
the
Pound will be realised.
About 10,000/. in gold was withdrawn from the
Bank of England yesterday for transmission to the
continent in payment for silver, but it is now
thought these purchases will temporarily receive
some check, as a large remittance from the West
ladies is daily anticipated. The latest advices re-
ceived from Mexico, via New York, however, re-
Port fresh insurrectionary troubles in Puebla,
which may interfere with the transit of specie to
the port of shipment.
The Emperor's speech at the opening of the French
Legislature is more satisfactory than was anticipated,
as it Was feared that some new financial operation
Would be necessitated by the impoverished state of
the treasury. The only hint at anything of the
kind is reference to the new tax proposed on mov-
able property, but at present it is not known how
th.is will be levied. It is expected that railways
will be included, but as the war tax is to be remitted
the effect of the new measure will not be so
severely felt.

There has been a stormy meeting of the Black-
Wall Railway Company to-day. A dividend of
38. 6d. was proposed on the revenue of the half-
Tear, which had improved over that of 185 G. A
(mg dismission took place in consequence of the
Pr°l3osal to lay out 116,0001. for the convenience
01 the Victoria Dock and the Southend and Tilbury
Itailway Companies, but who proposed to give an
annual interest of 6 per cent. with cutting, and to
guarantee a net total of 4,0001. a-year. The dis-
cussion was going on when our reporter left.
At the adjourned meeting of the importers and
dealers in Tea, held this day, it was stated by Mr.
Moffatt, M.P., that tke deputation had been cour-
teously received by the Chancellor of the Exche-
quer, but there seemed no hope of their inducing
bin to remove the present war tax on tea. They
thought, in that case, it would be better to get a fixed
duty to save that disturbance to contracts which
%•as likely to arise. They therefore proposed a fixed
duty of ls. 4d. a lb. for the next three years. The
loss on this would not be more than 130,0001.; which
Would be more than made up by the increased con-
ountption through the trade being more regular than
it would be by a fluctuating duty. A resolution to
this effect was proposed and was passed unani-
lnously, and was as such to be conveyed to the
Chancellor as the views of the trade.

The English Stock Market has remained in ra-
ther a weak condition, in the absence of any new
influence to affect them. Sales, however, have
been less numerous, and the general appearance of
the market has been quiet. The dearness of money
and the continued drain of gold still prevent
buoyancy, and until some favourable change takes
Place no material improvement is likely to be es-
tablished. Consols for money have been 931 I,
03i f, and 93k ; while for account the dealings
have been at 931 to 93/, and the Reduced
at 93 to 94. Bank Stock is 2161,
and India Stock 220 to 221. Exchequer Bills are
par to 3s. premium.
Foreign Securities are exceedingly dull. Turkish
e per Cents., however, have been firm at 95 to
954, and the 4 per Cents. are marked 1014 Vene-
zuela Deferred are 15k, Portuguese, 45, and Bra-
zilian 5 per Cents., 1021 to 103.
The following are the nominal prices of Foreign
stocks :—Grenada Deferred Bonds, 61 7 Mexi-
can, 22 J ; Peruvian, 80 1 ; ditto 3 per Cents.,
65 56; Portuguese 3 per Cents., 43 5 ; Russian
6 per Cents., 108 10 ; ditto 4-i per Cents., 96 8;
Spanish 3 per Ceuta., 401 ; ditto Deferred,
244 ; ditto Certificates, 6k ; ditto Passive,
L 6.
The dealings in the Railway Share Market have
been of a very moderate character, and previous
Prices have in most instances been supported.
Bristol and Exeter have advanced 11. ; Caledonian,
10s.. ; Great Western, 10s. to 15s. ; Lancashire and
YOrkshire, 55. ; North-Western, ss. ; and Midland,
6s. The other lines dealt in realised previous
values., The French lines are at nominal quota-
tions, no business having been reported in them.
Grand Trunk and Great Western of Canada rule
firm, as also Great Luxembourg, Namur and Liege,
and Sambre and Meuse.
In Mining Shares there is very little business
doing, and prices are quite nominal.
Joint Stock Bank Shares rule very inactive.
English, Scottish, and Australian Chartered im-
proved 10s ; London and County, Unity, Mutual,
and Western Bank of London were dealt in at about
previous quotations.
In Miscellaneous Shares, the only feature to
report has been a decline of about 2/. in Canada
Land ; Australian Agricultural, London General
Qmnibus Company, South Australian Land, and
Tan Dieman's Land brought full rates.

BRITISH FUNDS.—CLOSING PRICES —THIS DAY.
(From the Official List:)
BlistnecA done

Rink Stock
3 per Cent. Reduced Annuities 932 4 32
3 per Cent. Consols Annuities 93a ti i i i
Xiew 3 per Cent. Annuities 94 a h
/keg Annuities, expire bth Jan. 1860'
Ditto 30 Years, expire sth April, 18851.. 18 15-16
Xudia Stock .
"Consols for Account 220 21
*Exchequer Bills, 24d • ..... .. 93i 2 i
' £lOOO . ..
par 3 p
£5OO
Small _ . ......... par 3 p
Ditto Bonds, 1858, 34 per ce,;i: ........... Par 3 p
. Ditto, 1859 .........
98i i
PRICES OF FOREIGN FUNDS—TEfIS DAY.
' &milieu Bonds, 5 per Cent. lO2l 3i
Ditto New. 1852, V per Cent.
Bones Ayres Bonds, per Cent.
Ditto Account
- •Datch Exchange, 2 per Cent., 12 Guilders 64i
. ytrurian Bonds 4i per Cent
• Ditto Account
Ibrtuguese Bonds, 5 per Cont., Con. 1841
. Ditto 1853, 3 per Cent l5
Ditto 1856,3 per Cent. 43
• 811snish Committee Cert. of Coup. not fun. 6a
'. trkieh Bonds, 6 per cent 95.
uitto Account ............. .
Ditto Guaranteed, 4 per Cent. loli 1
Venezuela Bonds, 41 per Cent
Ditto Deferred, 4 per Cent. . lsi
bit idends on the Above payable to Londcn.
Edell Exchange, 2i per Cent., 12 Gull —
Ditto 4 per Cent. Certificates .....THREE1
O'CLOCK.
Consols, money .............................. 93i II
Ditto, Account (Marsh 5 ................ 932
. •

HEE MAJESTY'S VISIT TO
VENT.—Yesterday morning,
her Majesty, accompanied by his Royal
Highness Prince
shortly r t l y HOUSES
Albert, the Princess Royal, before ten o'clock,
and her Serene Highness
OP PARMA-
the Princess of Hohenlohe visited the new Houses of
Parliament, where the illustrious visitors were
received
by Sir Benjamin Hall, Sir Charles Barry, and other
at eleven o,
officials. Hclock.er Majesty returned to Buckingham Palace
LUNACY.—The receipts of the Lunacy Commissioners
in the
14,491 t., yearand ended the 31st of July, .1856, amounted to
the payments to about 13,1531.
The Master in Chancery charged with the winding up
of Cameron's Coalbrook Steam Coal and Swansea and
Laughor a
R callof Company proposes on the 23d inst.
to make 2/. per share upon the contributories.
THE SPANISH LOAN.—The Madrid journals of the 9th
state that the representative of MM. Mires and Co. had
paid into the Treasury half of the second instalment of
the
half onloan
he 16th of 300 millions of reals, and was to Pay the other
t, the last day fixed.
MR. FBEWEN AND HIS SEAT.—We are informed that
Mr. Frewen has not yet resigned his seat for East
Sussex. 1
„le hon. member has retained it in order that
for the repeal of the income tax, which
he might vote
the
will soon be under consideration of the
question
house.
of licensed vioLuallers waited upon Sir
,-*,
A deputation
know they possessed
Saturday, to whether G. Grey on
police to clear their houses cf
the right of calling in the
Sir George saidat present the
disorderly persons.
right,
licensed victuallers did not possess the but he
n to the subject.
would give hie serious attentio