The Sun.
London, England, 1857-12-11 00:00:00

MONEY MARKET

A .TD

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The Liverpool Cotton Market yesterday closed
'with a very bevy feeling and prices were fully id.
Per lb. lower. The sales amounted to 3,000 bales.
The Railway Share Market exhibited a dull ap-
pearance, and values were a shade lower.
The week's transactions in the Foreign and
Colonial Produce Market have not been very ex-
tensive, but there is a moderate demand for home
consumption,, and the quotations have undergone
lunch variation. Sugar, however, is rather heavy
at a slight decline ; coffee is also flat, and the tea
disposed at public sale generally went at rather
easier rates. Rum has remained firm, rice is cheaper,
and cocoa has receded ss. per cwt. There is very
little inquiry for saltpetre, and prices tend down-
'Wards, spices have remained dull, and ta'low is
firmer.

The commercial public and the speculators at
the Stock Exchange are very anxious to ascertain
the contents of the Bank of England return, which
will be published in the Gazette this evening. That
it will be more favourable than any presented for
some weeks is the general impression, becatpe the
daily sales of gold, furnished by the Australian ves-
sels, have represented a large total. At the same time
there has been no unusual demand for gold, and it is
consequently imagined that the authorities have been
enabled to keep what they have bought. The
other Securities" are also expected to show some
diminution, but the pressure for discounts during
the last two or three days has rather increased,
and a good deal of uncertainty is therfore felt both
with regard to that item and the Reserve of Notes.
Yesterday about 150,000/. in gold was sent in, and
to-day a still larger SUM is expected to follow,
through the supplies received by the Essex. The
sPecie movement, notwithstanding the demand for
silver for Hambro is very favourable to this country,
and if gold from America should arrive in addition
to the vessels en route from Victoria, the st >ck of
bullion in the Bank will soon attain a much higher
point. Owing to the active demand for silver, the
Price of bars has advanced ss. 2id. per oz. stand-
ard. The dollars brought by tha Mexican packet
were sold yesterday at 60d. Some large orders
have been given out for the steamer to India on the
20th inst.

The demand for money is rather quieter out of
doors ; but the extreme caution observed in Lom-
bard-street seems to have augmented the pressure
at the Bank.
The Bank of France return is completed to yes-
tterday. It shows an increase of 418,2571. in the
; a decrease of 3,889,4611. in the bills dis-
counted; an addition of 123,1141. in the advances
uPon railoway shares ; and an increase of 25,0551. in
the amount paid as premiums upon the purchase
"gold.

At the commencement of business this morning
the Market for English S.ourities was exceedingly
buoyant,
and the quotations showed an improve-
bloat of Ito per cent. When this point was
attained some of the speculators who bought
at lower prices realised their profits, which
nad the usual effect of producing a reac-
tion. There is a strong disposition, however,
to Operate for an advance, and the continuous
arrivals of specie have a very beneficial influence.
vonsols opened at 91 92 ex-dividend, but they
have since been 911 More recently, how.
"er, they have been 92 buyers, in consequence
of a report that better intelligence had ar-
i'ed from India. They are now 911 92.
The New Threes have advanced to 911 92 ; the
Reduced to 91i 92 ; and the Five per Cent. Annul-
tiell to 113. Exchequer Bills are flatter, being
us' dia. to par ; and the Bonds 98 ; India Bonds
are also lower, viz., 235. to 33a. die. ; and Bank
'took is 217 19.
4- moderate amount of business has been trans-
acted in the Foreign Stock Market, and a slight
upward tendency is apparent in quotations.
Turkish 6 per Cents. are 92k, 93 ; the 4 per
Cents.,
100 ; Portuguese 3 per Cents., 431 ;
9:ssiall 5 per Cents, 1051 ; ditto, 41 per Cents.,
; and Spanish New Deferred, 25.
The following are the nominal prices of Foreign `.
Stocks :—Grenada Deferred Bonds, 56 ; Mexi- I
can) 181 19 ; Peruvian 44 per Cents., 75 76 ;
ditto 3 per Cents., 501 511 ; Portuguese 3 per a
Cents., 43 44; Russian 5 per Cents., 104 106 ; do. 18
.4i Per Cents., 95 to 97 ; Spanish 3 per Cent, 40i 18
.741 ; ditto New Deferred, 25 25.1 • ditto Certifi- 20.
Wes, 100
Messrs. D. Bell, Son and Co., give the following 100
aft the prices of American securities : 100

GOVERNMENT SECURITIES.
Redeemable. Per Cent.
17tilted States 6 per Cents. 1867-1868... 105
,„ t'llited States 6 per Cent. Bonds 1868...103 105
STATE SECURITIES.
~Alabama 5 per Cent
... 78
Eltryland 5 per Cent. (Sterling Bonds) ... 88 90
laassachusetts 5 per Cent. (Sterl. Bonds) 96 9 i
Mississippi 6 per Celt. Pl. Bk
11Bonds lB4l-1871... 40 42
.banssippi 5 per Cent. Union Bk Bolds ... 20 2?.
heunsylvania 5 per Cent. Stock
Tennessee
5 per Cent. Bonds .1877... 75 76
10,!1111essee 6 per Cent. Bonds
rglma 6 per Cent. Bonds 1886... 80
Irginia 5 per Cent. (Sterling Bonds) 1888... 80 81
LOANS OP CITIES.
tontreal 6 iton 4i per Cent. Bonds 1883... 83 CO
.....
per Cent. Bonds 1856-1865...
New. Orleans 6 per Cent. Stock 1883...

Illinois RAILROAD BONDS.
not Central 7 per Cent. Ist Mortgage,
Convertile 1875... 76 78
Itil!!nois Central 6 per Cent 1875... 76 78
Inlois Central 7 per Cent. Freeland
Bonds
Illinois Central (ShareslB6o... 76 78
), $3O paid 12d 10 d
Michigan Central Bp. Cent., Convert. *......... 75 76
Do. do. do. ........
ew York Central 7p. Cent., Convert 1864... 88 90
Nei, York Central 6 per Cent., not
Convertible 1883... 68 69
New York and Erie 7 per Cent. 3d Mort-
„gage 1883... 68 72
.York and Erie 7p. Cent. Convertible 1862... 40 42
4. York and Erie 7 per Cent. Sinking
Panama
1875... 40 45
p-rlaula 7 per Cent., Ist Mortgage 1865...
ennBYlvania Central 6p. Cent.. lstMort 1880... 80 83
The Railway Share Market has been very dull, 20
although but little variation can be quoted in 20
values. Caledonian, Great Northern, Lancashire 20)
and Yorkshire, North Western, and North British,
20
declined about ss. Eastern Counties, and Man-
16
cheater Sheffield, and Lincoln, advanced ss. ; and 20
Great Western and South Western, 10s. East 20
Lancashire, North Eastern, Berwick, and one or 2f;
two others reslised former quotations. The
20
Foreign and Colonial undertakings are quiet,
and in most instances were at a slight decline, 20
upon former rates. Paris and Lyons receded ss. ; 20
Dutch Rhenish and Antwerp and Rotterdam were 16
10
a shade lower. Grand Trunk of Canada declined
20
it.
20
Mining Shares were quiet. Wheal Bassett 20
brought 22, and Wheal Edwards 7 to 7k. 10
Joint-Stock Bank and Miscellaneous Shares are 20
Steady, at former values. Oriental Bank and Union 20
of London however declined about ss. 10
0
In the Miscellaneous Market prices were almost 28
nominal. London General Omnibus Company 10
brought 3g. 20

BRITISH FUNDS.—CLOSING PRICES—THIS DAY
(From the Officutt List.)

Business dote.
8 mir Stock
!Per Cent. Reduced Annuities .911 a a 2 11 a 1
t per Cent. Consols Annuities Shut
'-"" 3 per Cent. Annuities 92 la 2 in
8 per Cent. Annuities. ll3
lit tuv Annuities, expire sth Jan. 1860 2
&ails •sonds, £lOOO
'Ulu, under £lOOO 27 33 d
0 ,n.sols for Account
Ex thegeer Bills, W.
61000
8 gall.
Pxchequer Bonds, 1858, 3A per Cent.— 981
Ditto, 13598
PRICES OF FOREIGN FUNDS—THIS DAY.
Mexican 3 per Cent
Portuguese Bonds, 5 per Cent Con 1841 -- Mil
.
Ditto 1853, 3 per Cent .'
*
Russian Bonds, 1522„ £ St. 5 per Cent 3 I:MA 4A 5
Ditto, 4. per Cent.. ,
....
Spsnish Boxds, 3 per Cent. *****************
-'6l-.

..................
Ditto New Deferred, 3 pet
Tarki -
Ditto Account .hh Bonds, 6 por cent.,,,, """"• 25
"""'• •••••• .........................
&n ....... i o GuarPuteed, 4 per Cent. ....
93 2 3 2/
Ditto Account .......
.............................. 100 99i
Dividends on the above payable in London.
THREE O'OLOOK.
Consols account, Jan. 8 9li a d

The Essex has arzived from Australia with 105,255 I
cnlnoe4 of gold, valued at 421,020/.