The Sun.
London, England, 1860-05-26 00:00:00

310NEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

Some satisfactory features are exhibited in the
Bank of England return completed to the 23d of
May. The bullion, owing to the falling off in the
demand for the Continent, and the arrivals from
Australia and the United States, has been largely
augmented, while the increase of notes consequent
upon the more easy state of the money market,
shows an addition of nearly three quarters of
a million. The policy of the directors in reducing
the rate of discount is fully warranted by the large
reduction in the other securities. The pubiic de-
posits show a small augmentation, while in the
private deposits an increase to a large amount is
perceptible. In the other items there is no parti-
cular variation requiring special notice. Subjoined
is an analysis of the balance-sheet :
Active Circulation
Decrease
Bullion ..
Increase
Rest

.. £21,223,290
• • 381,775
1.5,844,195

.. 316,815
.. 3,287,026
.. 6,604
.. 7,066,533
.. 81,190
.. 12,569,848

Increase .. • •
Public Deposits • •
Increase .. • •
Other Deposits • •
Increase .. • •
Seven Day and other Bills
Decrease .. ..
Government Securities

.. 344,166
.. 694,115
• • 62,706
.. 9,728,943
No alteration.
.. 19,936,674
329,366
.. 8,346,100
.. 723,510

Other Securities
Decrease ..
Notes Unemployed
Increase ..

A moderate demand for money is reported in the
general market, and choice bills are negotiable at
3f, per cent., the bankers and brokers being dis-
posed to make a slight concession in order to re-
sume business.

The foreign exchanges, yesterday afternoon,
exhibited na material variation.
About £64,000 in gold was sent into the Bank
of England yesterday.
The steamer Masselia, which leaves to-morrow for
Bombay, will take out £5,000 in gold, and £14,650
in silver.

In the Liverpool Cotton,,Market yesterday the
demand was very inactive, and prices had a down-
ward tendency. The sales amounted to about 6,000
bales.

The official returns relative to trade and naviga-
tion for the four months ending the 30th of April,
1860, have just been published. From these it ap •
pears that the total declared value of the exports
from the United Kingdom for the four months was
£41,834,347, against £41,851,524, showing an in-
crease of £17,177 compared with the like period in
1859, the increase is perceptible in beer and ale,
ootton manufactures, cotton yarn, and British
spirits, while there is a decrease in coals and culm,
haberdashery and millinery, hardwares and cutlery,
linen manufactures, .machinery and silk manu-
factures. The importations of the principal
articles have been larger as regards cocoa,
coffee, raw cotton, fruits, provisions, spices, sugars,
tallow, tea, tobacco, wine, and sheeps' and lambs'
wool; there was a diminution in live animals,
wheat, flour, hemp, raw silk, and timber.
The shipping accounts exhibit an increase in the
amount of tonnage employed in the foreign trade
of the United Kingdom for the four months of
241,227 tons for the entries inwards, and of 81,346
tons for the clearances outwards.
In the coasting trade for the four months
273,774 tons more were employed than in the cor-
responding period of 1859, for the entries inwards
and 368,618 tons for the clearances outward.

The market for Public Securities has been quiet
to-day, and the quotations have not undergone any
material variation. At first there was a little
heaviness, but the closing quotations showed in-
creased firmness, Consols being 95 to 951 for money,
and 95- 1 for account. The Now 3 per Cents. and
the Reduced are steady at 93/1. India Loan re-
mains at 106/ I; and the Reduced are 96. Ex-
chequer Bills are 7s. to 9s. prem.
In the Foreign Stock market business has been
quiet, and prices are tolerably steady. Turkish 6
per Cents. are 75 to 764 ; ditto New, 571 to 581 ;
Spanish are firmer at 48: ; and Mexican at 21.1 y ;
Portuguese are rather flatter at 441 ; Buenos
Ayres 6 per Cents. are marked 85:7.
The Ocean Marine Insurance Shares are 21
prem.; the Thames and Mersey ditto, 11 / prem.;
and the Universal ditto, prem.

A very limited business has been transacted in
the Railway Share Market, and a slight decline
has taken place in several of the principal under-
takings. Lancashire and Yorkshire, North-Western,
and North-Eastern (York), have receded ss. ;
Greac Northern, North-Eastern (Berwick), and
South-Eastern, 10s.; and Bristol and Exeter, £l.
In the Foreign and Colonial Markets the
transactions have been unimportant. Lom-
bardo-Venetian declined to 12; Grand Trunk
of Canada to 3,1/ 32, Great Western of Canada to
121 1, East Indian have improved to 1014 102.
Joint Stock .Bank and Miscellaneous Shares con
tinue dull, Union of London have receded about 55.,
London Chartered of Australia improved 55.,
Aastralian Agricultural declined 10s. and Scottish
Australian Investment advanced £l.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities, . 93 I
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
India Stock

Ditto 6 por Cent.
Ditto Debentures, 1858.
Ditto 1859
Console for Account (6th June)
Exchequer Bills, £l,OOO, lid
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Brasilian 5 per Cent ..
Ditto 4f per Cent. Scrip, 1860
Buenos Ayres, 6 per Cent
Ditto Account
Mexican 3 per Cent —
Ditto Account
Portuguese 3or Cent., 1853. 44i f
Spanish 3 per Cent
Ditto Account
Turkish 6 per Cent ..
Ditto Account. .. 751
Ditto New Loan
Ditto Account
Dividends on the above payable in London.
TWO O'CLOCK.
Consols, Money
Ditto June Account

lost i