The Sun.
London, England, 1857-02-19 00:00:00

MONEY MARKET

AND
COMMEROIAL7,INTELLIGENCE.

CITY, Two o'CLocK.

Letters from Liverpool mention that the Cotton
Market yesterday manifested a heavy appearance,
and prices of all descriptions were id. per lb.
dearer than last week. The sales were estimated
at 7,000 bales, 1,000 of which were taken on
speculation. Ths Railway Share Market was
steady, at a considerable advance on Tuesday's
quotations.
The official returns relating to trade and naviga-
tion for the twelvemonth ending Dec. 31, 1856,
have just been published. From these it appears
that the total declared value of exports from the
United Kingdom, for the year, was 115,890,857/. ;
showing an augmentation of 20,202,772/. com-
pared with the previous year. The increase is per-
ceptible in beer and ale, coals and culm, cotton
manufactures, cotton yarn, earthenware, haber-
dashery and millinery, hardware and cutlery, leather,
linen manufactures, linen yarn, bar iron, thrown silk,
refined sugar, woollen and worsted manufactures,
and woollen and worsted yarns, but there was a
falling off in fish and machinery, and in sheep and
lambs, wool. The imports of the principal articles
were larger—of brimstone, cocoa, wheat, barley,
Indian corn, flour, raw cotton, dyeing stuffs, flax,
currants, plate glass, hemp, hides, leather, manu-
factures, potatoes, provisions, rice, saltpetre, silks,
Spices, brandy, unrefined sugar, tea, tallow, tim-
ber, tobacco, wine, and sheep and lambs'
wool. There was a diminution compared
with the previous year in live animals, coffes,
emhroidery, lemons, guano, bides, copper, opium,
quicksilver, and rum.
The shipping accounts exhibit an increase on the
tonnage of vessels employed in the foreign trade of
the United Kingdom of 1,223,235 tons for the
entries inwards, and of 1,313,819 tons for the
clearances outwards.

In the coasting trade there is also a slight in-
crease on the tonnage of vessels employeJ, both
entered outwards and cleared inwards.

A ;definite arrangement for the great Russian
Railway undertaking has at length been made.
The particulars have frequently before appeared,
but they are now republished as their terms have
been officially completed. The only new feature
in connection with this subject is the statement
contained in the continental advices that the
caution-money" collected on the subscriptions
raised in Paris is to be invested in French Rentes.
The entire capital required is 45,000,0001., of which
12,000,0001. is reserved for France. On this sum
the caution-money will be 15,000,000 francs, or
about 600,0001., which, if invested in Rentes, will
probably afford those securities, and thus gratify
the French Government, to whom the present low
value of the national funds is a source of some an-
noyance. This plan is evidently for the twofold
purpose of pleasing Louis- Napoleon and attracting
the investing public. Although some difficulty
may be experienced in raising the means or
making the project float in the present state
of the money market, there• can be no doubt
that it will eventually derive support, as the
English are always ready to enter into
foreign enterprise whenever money becomes abun-
dant. The guaranteed interest of 5 per cent. is an
attractive feature, and the proverbial integrity of
Russia in her financial operations, will increase the
Prospect of this project being successful, as far as
the obtainment of the capital is concerned.
The steamer Pera, from Alexandria and Malta,
has arrived off Hurst' Castle with the remaining
portion of the India and China mails, having made
the passage from Malta in the short space of eight
days. The Magdalena, from the West Indies, is
announced at Southampton, and the letters by both
opportunities are expected in town to-morrow
morning.
The report 'just issued by the Midland Railway
Company states that the balance available for divi-
dends is 269,6071., which the Directors propose to
distribute as follows :-21. 2s. 6d. upon each 1001.
consolidated stock • 11. Bs. 9d. upon each 1001.
Birmingham and Derby stock ; 31. upon each 1001.
preferential stock ; 31. upon each 1001. Erewash
Talley stock ; 21. ss. upon each 1001. 4i per cent.
preferential stock ; 7s. 6d. upon each 161.135. 4d.
share, being half-a-year's interest at LA per cent. ;
21. upon each 1001. Leicester and Hitchin preferen-
tial Stack ; 21. upon • each 1001. paid on account
of 5/.shares, which will leave a balance of
16,0061. 9s. 4d. to be carried to the next account.
There rather a heavy market for English
Stooks to-day, but business is very quiet. A few
speculative sales have taken place, which have tem-
porarily exercised an unfavourable influence. Con-
sols for trans& r have been 93 and for account
94 to 94f, and 94 to 94. The New 3 per Cents.
have been 941 the Reduced 94 to 941, and the
30 years' Annuities 18 5-16ths #. Exchequer Bonds
are 98i
The transactions in the Foreign Market
have been to a fair extent, and the quota-
tions are tolerably steady. Turkish 6 per
Cents. have been 951 4, Sardinian 90# and Rus-
sian 41 per Cents. 97 to 97k. Mexican are firm at
22i. Dutch 2i per Cents. have been dealt in at
65, and the 4 per Cents. at 981.
The following are the nominal prices of Foreign '
Stocks ;--Grenada Deferred Bonds, 61 7 ; Mexi
can; 22 221 ; Peruvian, 80 81 ; Ditto 3 per
Cents., 55 56 : Portuguese 3 per Cents., 43 45 ;
Russian 6 per Cents., 109 111 ; ditto 41 per Cents.,
96 98; •panish 3 per Cents., 40 41 ; ditto Deferred,
241 241 ; ditto Certificates, 61 ditto Passive,
5f 0.
The last week's railway receipts, ascertained up
to this day, are in round figures as under
1857. 1856.
North-Western . 56,466 53,333
South-Western
Brighton 9,898 9,183
Midland
South-Ea5tern......... 13,429 12,881
Caledonian

Great Northern _ _ 19,277

18,014

St.
50
St.
St.

20
20
10
St.

181
20il
100 1
100

Lancashire and Yorkshire
21,753 19,449
Bristol and Exeter 4,836
Chester and Holyhead
3,923
East Lancashire 5,925 5,262
Lancaster and Carlisle
Manchester, Sheffield, and Lincoln 8,702 7,850
North-Eastern
Oxford, Worcester, and Wolverh 3,811 3,147
Glasgow and South-Western
Scottish North-Eastern
Grand Trunk of Canada
Great Western of Canada, 7,981 9,397
Northern of France
Sambre and Meuse ....... + 1,033 1,132
A moderate business has been done in the
Railway Share Market, and prices have in
almost all instances been fully maintained. Caledo-
nian have improved ss. to 10s., and several other
have advanced to a similar extent. The Colonial
undertakings are
also dull, rule quiet • and the Foreign, although
steady.
In Mines)Banks, and Miscellaneous Shares there
is no particular feature to notice.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List:)
Bealneab done
3 per Cent. Evinced Annuities 94
3 per Cent, Consols Annuities 93i
New 3 per Cent. Annuities 941
Long Annuities, expire sth Jan. 1860...
Ditto 311 Years, expire sth April, 1885 lB 5-16 a
India 11( nde, Lluoti .. . .
Ditto, under £lOOO 1 d par
Consols for Account ' 94 3i

Esc °quer Bills, 20.
: 1000
£5BO
Small
Ditto Bonds, 1858, 3. per Cent.. 9Bl
Ditto, 1354
PiticEs OF FOREIGN FUNDS AT ONE iVeLO(I,
Brazilian Bonds, 5 per Cent.
Ditto Account lO3 21
Chilian Bonds, 6 per Cent 104.k
Mexican 3 per Cent
Ditto Account
Rassian Bonds, 1622, £ St., 5 per Cent— —
Ditto, 41 por Cent.
Sardinian Bonds, 5 per Cent.
Spanish Bonds, 3 per Cent.
Ditto New Deferred, 3 per Cen •
Turkish Bonds, 6 per cent
Ditto Account 954 i
Dividends on the above payable in Londcn.
Dutch Exchange, 21 per Cent., 12 Gull 65
Ditto 4 per Cont. Certificates
TWO O'CLOCK.

Consols, money 93i I}
Ditto Mount im 93i 01

50
20
20
10

SHARE MARKETS—{This Day.)

161'i 14f
16? 12
Bt. 100
16 I 6

3 i
20 all

Elf all
St. 100
St.• 100
20 all
10 all
12i 2i
St. 100
25 all
25 all
St. 100
10, 1
101 1

100
100
all
all
all
all

'lOO
3
100
100

17i
all
all
1100

RAILWAYS.

Closing Price,
yesterday.

4h - 41

8i - 9

63 - 70
Pt- 94

9i - 96
65i - 66.4
36 -- 37

••• ...". •••

10 11
19 20
10 104
40 --- 44
28 30

ii -- .i
96 - 93

b 7 -- 58

ii 2 ii

95 - 97
7 - 8
93 - 93
77 - 79
124 - 126
111 -113'
63 -63 i
64 - 66

70 71
6 7p
6 7 r,
99 99
1 id

-
108 - 109
10 -
2173 - 12LAl
101 -

11011 - 105;

35} - 36

83 - 83:3I
51 - 5S

13 - 146

51 56
3i 3id
11a 42

88
—34 d
2' 2#
18. 197
Ell 631
98 102

••• •••
41 —48 d
10 11

273 283

106 108
26. —27 i
50 51
2 lid
18 19
75i

85
li 340
4 3cl
12 14
40 42

16t
100
100

20: 21

7 - 9
2 - 3
5 •r--

i --

ISSESSIONS.

i- 1 P

11 —lip
195 98
94 96
94 96
par i p

••••••
1 .... li p

112 111
2t 2ap

21. E -21 i
49 -- 51
81 -- 83
211 -21 i
-- 1
25 -- 25i1
2f - 3A2'
99 -- 100
118 -- 123
1118 -- 12;

Basineas done
this day.

108 - 110
191 - 20
21 - 221
ii -
- iP
P

...
2 Zap