The Sun.
London, England, 1862-03-22 00:00:00

).N.El' MARKET AND CITY NEWS.

CITY, Two o'CLocu.

Tkire is no alteration to report in the discount
market to day, the transactions as usual on Satur-
day being extremely moderate. Trade continues
dull, and the requirements of the mercantile com-
munity are consequently much below the average;
nor is there any immediate prospect of improve-
ment, as a settlement of the civil war in America
Must be effected before a full return of prosperity
Can be expected in the commercial world. The
current minimum in the general market for first
class bills is 29 per cent., and it is almost unne-
cessary to remark that the applications at the Bank
of England, where 2 per cent. is charged, notwith-
standing an important reduction in other securities,
and an extensive increase in the reserves of notes and
gold, are very much curtailed. Unless some decided
change should occur in the position of the market,
it is not improbable that the directors at their
meeting, on Thursday next, may find it necessary
in the interests of their proprietary and of the pub-
lic at large to modify their quotation to 2 per cent.
It is expected that the New Turkish Loan will
be introduced to the market on Monday or Tuesday
next.

In the Liverpool Cotton Market, yesterday,
business was quiet, but prices were tolerably well
supported. The sales were 5,000 balcs.

About £48,000 in gold was sent into the Bank
of England yesterday.
Since Monday last the imports of specie have
amounted to about £422,000, and the exports to
.£430,000.

The foreign exchanges yesterday afternoon ex-
Libited a slight advance in the rate on Paris.
The interest on Brazilian 5 per Cent. Bonds will
13e paid on the Ist proximo.
A call of £3 per share, amounting together to
120,000, becomes duo on the 31st inst. on the
North British B order Counties Union Railway
guaranteed £lO shares.
Tb market for Public Securities continues
transacted
and a small amount of business has been
:rtnaacted in Consols at 9414 for transfer, and at
11 t for the account. The New Threes and the
,'educed have advanced to 92a ; Exchequer Bills
are fiat, at 18s. to 21s. prem. ; India Stock is firm
:I,t 226; ditto 5 per Cent. has advanced to 108 k 109 ;
the 6 per Cent. Enfaced Paper to 1031; and the 51
Per Cent. to 1081
The dealings in the Foreign Market have been
rather inactive, and prices have shown more firm-
liess• Turkish 6 per Cents. are 861 1; ditto, 1858,
724 I; ditto £lOO Bonds have improved to 73 74 ;
Italia/3 5 per Cents. to 671 ; Spanish Certificates
are firm at 7 ; Mexican, 344 35; New Grenada 2
.111. Cents, have risen to 27i 4; Sardinian are 81
and Equador, 181.
In the Railway Share Market a more buoyant
tone has prevailed, and most of the principalßritish
undertakings show an improvement of 4to per
tent, Eastern Counties and North Eastern (Ber-
!jek) have advanced 55.; Bristol and Exeter,
Caledonian, Lancashire and Yorkshire, Midland,
1d South Eastern, 10s. ; Great Westerns and
,111
orfolks, however, have receded 55.; and Great
Northerns, lOs.

, The Foreign and Colonial undertakings have
been in fair request, and at slightly enhanced rates.
great Luxembourg, Lombardo-Venetian, and Bahia
atld San Francisco have improved 55., and Scindes
declined ss.
J,Ant-Stock Bank and Miscellaneous Shares
14,"w little change of importance.

BRITISH FUNDS—CLOSING PRICES.
I zalk stock
8 e'' Cent. Reduced Annuities 92k w
dew
Cent. Consols Annuities
Isl w 3 per Cent. Annuities 92a i
e, i Per Cent. Annuities 7741
India z.t,
,ck
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent —
r,' per Cent itto 5
Ditto 5i pet Cent lo3k k 3
108 i
.i. bonds £l,OOO
,--7
___ Ditto under .!-!1,000
p!ank Stock for Account 234 i
,•-oL:sols for Account, April 10..
Nlin, Stock for Account, 5 per Cent
Exchequer Bills £l,OOO, 3 per Cent - —
Ditto £500
Litto Small .......
FOREIGN FUNDS—CLOSING PRICES.
Bra'<•,ilinn 5 per Cent
, Ditto 41 per Cent, 1860
-"-quador New Consolidated
Greek......
Grenada Active
Do. Ex over-due Coups.&llectares loi t
TP:xican, 3 per Cent
Ditto Account
11" Grenada, 2 per Cent
liii,sibm 5 per Cent. 1822, £ St ..
' '''to 41 per Cent
Ditto 3 per Cent. 1859 62i
Sardinian 5 per Cent.
Ditto Account
Spanish Cert. of Coup. not funded
`Turkish 6 per Cent. —
Ditto Account
_Ditto New Loan
Ditto Account
Ditto XlOO 80nd5..~
Dividends on the above payable in London.

TWO O'CLOCK.
Consols, Money
Ditto April Account

COURSE OF EXCHANGE.—YESTERDAY.
Amsterdam - 11 1641 11 161
Ditto
Rotterdam — 11 18; 11 181
25 50 25 55
Antwerp..........
13russels
namburoth
Paris b Short. 25 271 25 32±
25 55
Ditto
Marseilles
1181 119
Frankfort on Maine —
Vienna
'Trieste
321 321
rg
Petersbu h
"Berlin
l'ladrid
Cadiz
Leghorn. — 25 55 25 571
,Milan — 25 50 25 55
Genoa — 25 521 25 57/
INTaPles
Palermo l2O 120±
Messina
Lisbon — 52* 52i
Oporto — 521 63
RlO Janeiro
Now York —
'.. °reign Gold in Bars (Standard), per os £3 17 9
Mexican Dollars
Silver in Bars (Standard)
South American I oubloons

TURKISH FINANCES.—The report on Turkish
frnance of the Grand V'zier, Fuad Pasha, to the Sultan,
and which has been approved and ordered to be carried out
by his Majesty has been transmitted to this country. It
coincides with the recent statements of Mr. Layard in the
House of Commons, and shows that by a reduction of ex-
penditure on the one hand, and the imposition of new
taxes on the other, an excess of revenue may be antici-
pated of £398,483 for the current year. The new taxes are
chiefly on tobacco and salt, but a modification of the
Customs duties, in order that they may be levied on the
actual value of the merchandise imported, will also
Yield a large sum. The total increase of receipts relied
o.pon from all sources is £3,268,408, and there seems no
reason to apprehend that their collection under the reformed
system now promised to be inaugurated will press with any
severity on the population. From the sum provided in the
estimate for the interest on the proposed new loan, it would
4PPear that the nominal amount is to be £lO,OOO. Should
that loan be satisfactorily raised and administered so as to
Place the Government in a position of entire independence,
Turkey for the future, with her natural resources, her
limited debt, and her liberal tariff, might present annually
'a
budget to be envied by most other nations.
The Mayor of Southampton, Mr. F. Perkins, has
Invited Garibaldi to visit the town over which he presides
as chief magistrate when the International Exhibition is
°Pen, and has promised the illustrious Italian an English
private and public welcome in Southampton which should
testify the estimation in which his great talents and ser-
vices in the cause of human freedom are held in this

country.
LIVERPOOL, March 20.—The Johanna Ward,
frt. m Matanzas for Charleston, has been captured by the
blockading squadron. The British Queen (British schooner)
has as,o been captured in attempting to break the blockade.
The schooner Virginia Adams has also been taken as a
off Matanzas, by the Harriet Lane, arrived at

-Ravannah.
GREAT YARMOUTH, Friday.—lt has been blow-
iL'g hard last night and to-day, with much damage to ship-
*Ping. The brig Sarah Bell, of Arundel, was lost, with all
hands, on the North Sand. To-night the wind has some-
what moderated, but the weather is still coarse and wild.
AN UNFORTUNATE JOURNAL.—The printer of
the c •
ourrter du Dimanche of Paris has just commenced a
term of imprisonment. It is questioned whether thin jour-
nal can be further c‘matinued, seeing that its editor in chief,
12 manager its printer, and one of its principal contributors
1
Eugene Pelletan) are all within the four walls of a
Prisnn.

VISITORS TO THE NATIONAL PORTRAIT GALLERY•
—TA. parliamentary return issued yesterday shows that the
-visitors to the National Portrait Gallery were 5,305 in 1859
6,392 in 1860, and 10,907 last year.