The Sun.
London, England, 1862-02-12 00:00:00

NONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.

A quieter tone pervades the general discount
market to-day, and rather lower rates are now cur-
rent, a favourable impression having been created
by the abandonment of the loan for France. Capi-
talists are more eager to enter into transactions, and
the mercantile community derives the advantage of
being enabled to negotiate the -r securities at quo-
tations slightly under the Bar, England mini-
mum.

In the Liverpool Cotton Marl-
steady demand was experience,'

were sold, 2,500 of which we

,on and
-o.lons were well

Speculation. Prices of 9'
maintained.

The prop ..d of the North Western
Riailwav for the past half year is at the
,
cent. per annum.
The bullion operations at the Bank of England
yesterday comprised the withdrawal of £lO,OOO in
foreign gold.

In the foreign exchanges yesterday afternoon
there was a decline in the rates on Vienna and
Trieste.

The French Loan affair is still a subject of con-
versation, and the idea prevails in some quarters
that the contemplated advance will yet be arranged
privately, as M. Fould will no doubt require assis-
tance in order to carry out his scheme of concession.
There is still, however, an absence of positive in-
formation upon the subject, and it is useless to refer
to the various statements circulated at the Stock
Exchange and elsewhere.
The tendency of the English Market has been
rather more favourable owing to purchases based
upon the prospect of easier money through the
abandonment of the French loan. A favourable
impression has also been produced by the large
quantities of gold coming from Australia, but the
rise has only represented g per cent., Consolsbeing
193 for transfer, and 93k for the account. The New
Threes and Reduced have improved to 931. I; Ex-
chequer Bills, March, to 13s. and 16s. prem. ; and
ditto, June, to 14s. and 18s. prem. India Stock is
steady at 226 ; ditto 5 per Cent. Loan at 100 I ;
ditto 4 per Cent. Enfaced Paper has improved to
88i ; ditto Debentures are 991 ; and ditto Bonds
235. to 265. prem.

In the.Foieign Market the dealings have been
of a moderate character, and prices, in several in-
stances, have tended upwards. Turkish 6 per
Cents. are 851 ; ditto, 1858, 751 76 ; Mexican,
344. ; Equador, 18i ; Russian, 994. Spanish are
firm at 531; ditto Passive, have improved to 201
21; ditto Certificates, 71 8 ; and Italian 5 per
Cent. 674.
The operations in the Railway Share Market
have been rather limited, and prices have shown,
in most instances, a slightly downward tennency.
Caledonians, Eastern Counties, Great Westerns,
Lancashire and Yorkshire, and ;Midlands, have
receded 55., and North Westerns,l.os.
The Foreign and Colonial undertakings have
remained in moderate favour. Great Luxembourg
have advanced to lot ; Bahia and San Francisco
realise 151 ; San Paulo 51 6'; Grand Trunk of
Canada have improved to 23i 24; and Great
-Western of Canada realise 124 4.
Joint Stock Bank and Miscellaneous Shares
generally support previous rates. Union of Aus-
tralia have improved to 41.1 ; and Royal Mail
Steam to 53 and 53i.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities 93} I i
per Cent. Consols Annuities
New 3 per Cent. Annuities 931 1
India Stock
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent BBl.
Ditto Debentures, 4 per Cent., Oct., 1863 99/
Ditto ditto April, 1864 991
Ditto Bonds £l,OOO
Ditto under £l,OOO ..". . .
Consols for Account, March 6 . 93 /
India Stock for Account, 5 per Cent .. .. 1061
March.
.tJune.
Exchequer Bills, £l,OOO 2d.... 16
Ditto £5OO
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
lhtto 41 per' Cent, 1858 .. 91
t quador New Consolidated
Mexican, 3 per Cent
Ditto Account
Portuguese 3 per Cent., 1853 99/
Ditto 3 per Cent. 1859 .. 601
Spanish 3 per Cent
Ditto Account
Ditto Passive
gParrish Cert. of Coup. not funded
Turkish 6 per Cent. B5
Ditto New Loan •••
Ditto Account
Ditto £lOO Bonds
Italian, Dlvidends on the above payable in London.
5 per Cent., 1861
THREE O'CLOCK.
Consols, Money ..
Account