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

MONEY MARKET

AND

-- -
COMMERCIAL INTELLIGENCE. I Bhr'

CITY, Two O'CLOCK.
ktitietters from Liverpool state that the Cotton
rket yesterday was rather firmer. Prices of
c4''Ptia/18 were id. per lb. dearer, and Brazils 4d.
o td.
_ per lb. dearer. The sales were estimated at
• " '4lO bales. The Railway Share Market was
%sad Y, at a slight advance on Saturday's quotations.
Mincing-lane markets this week have opened
h
a firm appearance, and notwithstanding some
„_
full sales are advertised, importers expect to realise
Prices, the demand both for home use and for
exportation being active. There is evidently an
:13:ward tendency, and a disposition to speculate
,11481 'which, if money would no
doubt
Ailtbat once be developed.
easier,
°ugh the arrivals of gold from Australia will
lundoubtedly
) have the effect of strengthening the
ullion reserves at the Bank of England, they are
Itlot likely to exercise any permanent influence on
le Money Market, for it is very questionable
• Zosther even a small portion will remain
o.ere. Extensive orders to 'effect purchases are
Bell at band, and the sum by the Heather
•uell has been taken for transmission to Paris, on
account, as is alleged, of the Bank of France.
vther vessels are soon expected to arrive from
Australia in the course of the next three or four
weeks, so that there will no doubt be an ample
apply to meet all the requirements for exportation.
L Advices from Hamburg report a further decline
athe rate of discount, viz., to 31 per cent. From
8 Riga we learn that montary affairs in that city
0 improving, and the Bank is steadily accu-
Latilar
8 ing bullion, the total now held being
)*u9,000/.
I -.There was a meeting yesterday of the holders of
blnezuela Bonds, J. D. Powles, Esq., in the chair,
Zto read the agreement which had been provision-
tio! signed by the Committee and the Commis-
for the adjustment of the debt of the Re-
104T. This agreement was in substance as fol-
-I,lTile arrears of dividend to be capitalised and bear
The Active cent. interest till 1862, and 4 per
.cent. afterwards.
iasni Stock to receive 3 per cent. till 1867, and 4 per
afterwards. The Deferred to have 1 per cent. till 1862,
25 Percent. for the next five years, and 2 per cent. after 1867.
bikt,l;sr cent, for the customs' revenues of the republic to be
to special agents there, and remitted to Messrs.
ilederic Hill and Company for payment of the dividends.
went; sufficient the amount to be made up by the Govern-
)l, ;if in excess of the required amount, the balance to
I:et.urned to the Government until 1867. After that date
h.uclug fund to be commenced." After some discussion
kfr: following resolution was adopted, viz. —" That the
Ci7tuent concluded between Senr. Modesto Urbanego and
• Juan Giuseppe, commissioners from the Republic
itopelueznela and the Committee of Spanish American Bond-
Insi4raers_, dated the 30th day of January last for republic,prne° of the foreign debt of the saisl be
gileo_.,""ea by this meeting, and that the committee be re-
to„,ll take measures for carrying the same into effect."
t,ail ce meeting of the Peel River Land and Mine-
','' ?raPany, held this morning, passed off satis-
,i' ritY• A dividend of ls. per share was declar-
),l,4ext. •tt 'would be payable on the 9th of March
ti3e4 , A profit of 4,920/. had been made in the
F by the stock operations, but the result of the
ell,l Rag
of the gold-fields war not very encouraging,
area
46,e of tne deposit being very limited. More
0,6"0k was placed in the letting of the lands and live
operations. The report was agreed to, and a
of thanks was
%' There passed to the Directors.
is a very good inquiry for discount ac-
ihiutoodation to-day, and the brokers and others
all cases demand full rates for the negotiation of
"Atroantile paper.
Increased firmness is apparent in the Stock
Zarket, partly owing to the expectation that the
'gatneellor of the Exchequer will propose some re-
leile I°4 in the Income Tax on Friday next, when
present his financial statement. The re-
a,,.. 13's of gold and some real purchases of stock
Zove also strengthened the market. Consols for
leeneY have been 921 93, and 93 to 931; and for
en 93i #, and 931 1. The New Threes have
ts' 9-7 °•-li 1 • and the Reduced 931 #. Bank Stock
Et,,..",.6 to 2174 ; and India Stock 220. Exchequer
4,13 are firm at par to 3s. premium.
gave Securities are firm, but the transactions
gave not been numerous. Turkish • per Cents.
are marked 93f 1. Venezuela 41 per Cents. 374 ;
srenoh ai per Cents. 68 121, with the exchange at
'5 20 Belgian 41 per Cents. 984 ; and Dutch 21
R:r Cents. 651. Spanish Certificates are quiet at
lV Sardinian Bonds are 901; Mexican, 21k, and
uador New Consolidated, 144.
The
following are the nominal prices of Foreign
tocks :—Grenada Deferred Bonds, 6i 7 ; Mexi-
Z4ll 214 22 ; Peruvian, 77 79 ; ditto 3 per Cents.,
7 66 ; Portuguese 3 per Cents., 43 5 ; Russian
Spanish
Per Cents., 108 10 ; ditto 4/ per Cents., 95 7 ;
n'''Panish 3 per Cents., 40 1 ; ditto New Deferred,
.4 24 ; ditto Certificates, 61 ; ditto Passive,
61 6.
ri There has been a limited business done in the
ttailway Share Market, and prices in most in-
tattoos have shown an upward tendency. Caledo-
Ilan have improved about ss. to 10s. Great
TT,estern, 10s. to 15s. Lancashire and Yorkshire,
`,'21,3; Manchester, Sheffield, and Lincoln, 55.,
land 7s. 6d., and North-Western about 10s.
,)
righton and North British have declined about
4. The French lines have shown an improve-
lieliff—Paris and Lyons have advanced about 155.,
and Northern of France rule firm. The Canadian
'hies are steady, and East Indian have receded
I.bout 10s. to 15s.
In British and Foreign Mining Shares no deal-
ings
.. of any importance have taken place, and prices
'Main unaltered.
Joint-Stock Bank Shares have also been inactive.
tank of New South Wales declined 10s. London and
Zedininster and London Chartered of Australia
v:)re dealt in at previous quotations. Fqr the
Miscellaneous undertakings there is very little in-
trY• Canada Government 6 per Cents., Canada
cd, London General Omnibus Company, and
Va
mational Discount Company brought yesterday's
lues.

BitITISH FINDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
r‘ustn.•• done
Rank Stock
3
3 per t;ent. Reduced Annuities 93k
Newr`er Cent Consols,Anneities 93 21 3}
~ 3 per Cent. Annuities 931 i i
j"e"g Annuities, expire sth Jau. 1860... 2 i
Ditto 30 Years, expire sth April, 1885 lBk 3-16
India stock
Ilium Bonds £lOOO
Ditto' under £lOOO 1 p
Consols for Account... .
Exchequer Bills, 21d .
1000
•.
Small 3 p
Ditto Bonds, 1858, 31 per Cent. —
Ditto, 1859
PRICES OF FOREIGN F i INDS AT ONE O'CLOCK .
Danish Bonds' 3 pm Cent., 1825
Ecuador New Consolidated l4s
Mexican 3 per Cent —
Ditto Aceount
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent 441
Sardinian Bonds, 5 per Cent.
Spanish Committee Cert. of Coup. nit fun. 6$
Turkish Bonds, 6 per' cent
Ditto Account 931 1
Venezuela Bonds, 41 per Cent
Ditto Account
Dividends on the above payable in Lonacn.
French Rentes, 41 per Cent.
Ditto 3 per Cent.
lielgian, 21 per Cent., ex. 25 francs ......
Ditto 42 per Cent.. ex. 25 francs
Dutch Exchange, 21, per Cent., 12 Guilders 65k
TWO O'CI•OC K.
Consols, ,noney 93 93}
Ditto Account

..M.SI
INFRACTION OF THE SHIPPING ACT.—Yesterday, 20
at the Liverpool. Police Court, Captain J. M`Go wfan, of 5
the ship Prince Arthur, was fined Si. and costs
10
fusing to comply Britishcoornsrue- 20
with the order by the Consul
who 8i
at Constantinople to carry home a British seaman Bi
had left his
own vessel and been unable to procure 10
another. 21
MR, JAMES BELL, M.P., AND HIS CONSTITUENTS.— 20
On Wednesday evening last, Mr. James Bell, M.P. for 20
Guildford, met his constituents for the purpose of ad.
dressin6
g them on the subject of his Parliamentary duties
01?",
during the period be has acted as their representative. 1
After). giving "an account of his stewardship," a resolu•
t ion expressing continued confidence in Mr. Bell was ----
unanimously passed. 40
25
Puma° INCOME AND EXPENDITURE.—The total income 100
of the united kingdom for the year ended the 30th of 40
September, 1856 amounted to 71,348,0661., and the 50
total expenditure'
16,959,411/.
t°83,307,4771., leaving a deficit Of 20
Excise, 17,861,7 The
771 o.ustorns yielded 23,093,3001, ; the 100
3,100,0261. ; the incoMetaraps' 7,180,0411. ; taxes, 100
" Property-tax,' 15,940,31310 i as it is here called, the 100
a regards the. ; and
2,768,1521. the Post-office, 20
expend2o
was appropriated to the char iture, 28,625,5171.
1,750,3211. to the charges on char
of
the public debt ; 20
eluding the civil list salaries and consolidateoafund (in- 5°
57,931,6381. to the supply services, urtOs Of
justice) ; and 105,00
army and Ordnance cost the country 28,fothese last the 10(
equal to the interest of the debt ; the na 4,8241., a sum 10(
the vote of credit (war with Russia), P:1:117'608'995/. ; 2(
cellaneous civil services, 6.693,172/. •
The andwte "1. ; inis. 5(
evenue departments, 4,124,6471. ihe balm,' salaries of 2(
lie money in the Exchequer on the 30th of zof pub- 21
amounted to 7,084,743/. In the year ended September
21 December last the income was 72,218,988/ ,
and
cist of 10
expenditure 82,323,4001., leaving a deficit of 10,104,412tir 1
or less by 600,000/, than at the end of the preceding 2
quarter. The produce of the income tax for the year- was 16,028,421/. The balances of public money • at /
the end of the year amounted to the sum total of
6,942,4271, ii