The Sun.
London, England, 1860-02-27 00:00:00

MONEY MARKET AND CITY NE WS.

CITY, Two o'CLocK.

The accounts received from the manufacturing
districts mention that, during the past week, there
has been very little activity in most departments
of business. At Leeds, no change of importance
took place in the woollen trade, but the manufac-
turers generally were fairly employed upon orders
previously given out. At Bradford, Rochdale, and
Huddersfield business has been extremely quiet,
the progress of the debate on the Budget and the
French Treaty having occupied the chief attention
of both dealers and manufacturers. Wools were in
steady request, but operations were suspended until
the opening of the public sales in London, viz., on
the Ist proximo. _ _

In the Liverpool Cotton Market on Saturday
business was very quiet, and prices remained with-
out the least variation. The sales were about 6,000
bales. The Railway Share Market closed with
rather less animation, and quotations were steady.
There is no change of importance to comment
upon in reference to monetary affairs, which, how-
ever, still indicate increased easiness. This favour-
able tendency, however, as explained on previous
occasions, has arisen from the partial suspen-
sion of business consequent upon the Budget,
and when operations are' actively resumed, re-
newed animation in discount channels may
be experienced. At the same time it is noticed
that the specie movement, although less extensive
than of late, is still causing withdrawals from the
Bank, about £40,000 having been sent away on
Saturday. Under these circumstances, very little
is thought of a speedy reduction in the terms of
discount at the national establishment, although
the rates charged in the general market have within
the last few days ranged as low as per cent.
With the view of making another attempt to re-
store the Atlantic cable to working order, or in case
of failure, to recover as much of the wire as possible,
the directors of the company will submit a pros-
pectus at the forthcoming meeting for the purpose
of raising £20,000.

The market for Public Securities has been dis-
turbed by the political news from the Continent,
and the unauthenticated statement in reference to a
treaty between Russia and Austria has been chiefly
instrumental in causing depression. Consols have
receded to 941 ! for money as well as the Bth prox. ;
at the present moment, however, more firmness is
exhibited, the quotations being 941 4 and 94i
respectively. The New Threes are 94/ 95k ; the
Reduced 951; the New 21 per Cents., 781 ; Long
Annuities, 171; India Loan, 103! 1041; ditto 5 per
Cent. enfaced paper, 981 ; and ditto 51 per Cent.
ditto, 104 ; India Stock is 219 2211,
The Foreign Market is quiet, and rather de-
pressed. Turkish 6 per Cents. have declined to
781 to 791 ; ditto New Loan, to 651 to 66. This
depression is owing to the rumour of a new loan
being raised by the Ottoman Government. Spanish
3 per Cents. are 441 ; Venezuelan, 271 ; Brazilian
41 per Cents., 94 ; Mexican, 211 ; and Portu-
guese, 431 1.

The Ocean Marine Insurance Shares are 21
prem. ; the Universal, I 1 prem.; the London and
Provincial, prem.; the Buenos Ayres Railway,
prem. ; and the Canadian Loan, 21 prem.
In the Railway Share Market the transactions
have been rather active, but a downward movement
has been apparent in values. Caledonian, Lanca-
shire aid Yorkshire, North Western, and Midland,
declined ss. ; Eastern Counties, Brighton, South
Western, North British, North Eastern (Berwick),
and South Eastern, 10s. ; and Edinburgh, Perth,
and Dundee, 15s. ; Great Western have improved
10s.

The Foreign and Colonial Markets are also at
lower quotations. Lombardo-Venetians have re-
ceded to 111 111; Pernambuco to 111; and Bahia
and San Francisco to 6f 6ir-, East Indian declined
to 1011 1011; Great India Peninsula to 984 to 991.
Grand Trunk of Canada to 341 35; and Great
Western of Canada ars steady at 121 2.
Joint Stock Bank and Miscellaneous Shares
are quiet. Bank of Australasia have un-
proved to 781, London and County to
331 ; London and Westminster have
declined to 551, and Ottoman Bank to 19 and 191;
Crystal Palace have improved to 30, Van Diemen's
Land to 111, and Peel River Land to 49 and 50.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock . 231
3 per Cent. Reduced Annuities 95/ 5
3 per Cent. Consols Annuities
Now 2 per Cent. Annuities
New 21 per Cent. Annuities
Anns. 30 Tears, expire sth April, 1885 l7l
India Stock
Ditto 6 per Cent.
Ditto Enlaced Paper, 4 per cent —
Ditto 6 per Cent.
Ditto 5} per Cent lO4
Ditto Debentures, 1858 971
Ditto, 1859
Ditto Bonds, £I,OOO
Ditto under £l,000
Consols for Account (March)
India Stook fir Acounut —
Ditto 6 per Cent. lO3l A
Vichequer Falls. £l,OOO, 11d 27 4
Ditto Advertised
FOREIGN FUNDS—CLOSING PRICES.

Brazilian 5 per Cent.
Ditto 41 per Cent. 1858
Equador New Coisolidated : l3/
Mexiean 3 per Cent.
Portuguese. 1853, 3 per Cent.
Russian, 1822, £ St., 5 per Cent
Ditto Lit per Cent.
Ditto, 3 per Cent., 1859 64f
Spanish 3 per Cent 44/ 1 5
79 81 91
Turkish 6 per Cent
66f 5
Ditto New Loanf 6 51
Venezuelan 3 per Cent
Dividends on the above payable in London.
THREE O'CLOCK.

Consols, Money ................ 941
Ditto Account (March 8) .... 94!

ELECTION COMMITTEES.—(This Day.)

The Carlisle committee re-assembled this morning, when
both the sitting members were examined.
Mr. Lawson stated he never paid a shilling over his part
of the legal expenses of the election, which amount to about;
£243.
Sir J. Graham said his expenses at the election amounted
to about £260 or £260. The contest, although a fierce one,
was conducted fairly by his agent. There was no truth in
the assertion that there had been either bribery or
intimidation.

The Roscommon, Yarmouth, and Woymouth committees
resumed their sittings, but the proceedings were of the most
ordinary description.
No final decisions had been announced when we went to
press.