The Sun.
London, England, 1860-04-04 00:00:00

CITY, Two O'CLOCK.
The Money Market remains in a very animated
state, through the liquidation of the commercial
engagements due to-day, the 4th of the month ;
and although a temporary return of quietude may
take place when the April dividends are paid, the
negotiation of the Victoria railway debentures,
loan instalments, and railway calls, in addi-
tion to the requirements of trade, are ex-
pected to prolong the prevailing activity.
Although opinions seem divided with regard
to the probable course the Bank directors will
take at their meeting to-morrow, most persons
are agreed that there is very little prospect of a
downward movement for some time to come, and
the bankers and bill brokers are consequently very
cautious in their transactions. As they have re-
cently declined to negotiate bills, except at an
advance on the minimum of 41 per cent., the chief
Pressure has been at the Bank of England, where
an extensive business is still recorded.
The Foreign Exchanges yesterday afternoon ex-
hibited a slight advance in the rates on Paris and
Amsterdam ; Hamburg, however, was rather lower.
In the Liverpool Cotton Market yesterday the
transactions continued on a very limited scale, and
prices were heavy. The sales were 5,000 bales,
The Railway Share Market closed steady, but quo-
tations were firmer.
A moderate amount of business has been tran-
sacted to-day in the market for Public Securities,
but the quotations have remained rather buoyant
----Consols having risen to 94! ti for money and the
4th inst., and 942- I for the May settlement. A
better feeling seems to prevail, and although specula-
lion is dull purchases slightly preponderate, and
Prices therefore tend upwards. India Stock has
Unproved to 220; ditto New is firm at 1041 y, and
ditto 5 per cent., Enfaced Paper, remains at 971 98;
Exchequer Bills are 10s. to 14s. prem.

The transactions in the Foreign Stock Markets
have been rather active, and prices in most in-
stances have improved. Turkish 6 p'er Cents. are
78/ to 79i; ditto New, 61i to 62i; Brazilian 41 per
Cents. have advanced to 901 ; ditto New Scrip to
Par ; Mexican to 22 ; Russian 41 per Cents. to 96i;
ditto 3 per Cents. to 64. Spanish 3 per Cents, have
declined to 451 /, in consequence of a revolution
In that country.
The Ocean Marine Insurance Shares are 3 to /
prem. ; the Universal ditto, I to / prem.

A rather active business has been transacted in
the Railway Share Market, and prices have shown

increased firmness. Caledonian, Eastern Counties,

and North-Eastern (Berwick), have improved ss. ;
Great Northern, Great Western, Lancashire and
Yorkshire, and North British, 10s. ; Midland, 15s. ;

and Great Northern A Stock, £1 10s.

The Foreign lines are inactive. Lombardo-
'Venetian realise 111 11 ; Buenos Ayres and San
Fernando, 51 51 ; and Great Luxemburg, C.

In the Colonial Market prices have not shown
knell variation, with the exception of Great
Western of Canada, which have declined to 12
12! owing to the non-declaration of a dividend at
the meeting of shareholders held to-day. Grand
Trunk of Canada are 341 35 ; East Indian, 102.

Joint-Stock Bank and Miscellaneous shares are
It shade firmer. Bank of Australasia have improved
to 71, Union of Australia have declined to 441, and
Royal Mail Steam are at 53k.