The Sun.
London, England, 1860-02-13 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.

The accounts received from the manufacturing
districts state that during the past week business
in most departments has been inactive, the dealings
in several instances having been only to supply
imnaediato requirements. The chief topic of con-
versation has been the budget and the various
changes likely to be introduced. At Leeds and
Bradford woollen goods generally have been firm,
but very little business has been transacted in
wools and yarns owing to the near approach of the
London wool sales, viz., on March 1. Business
at Manchester in cotton fabrics has been inactive,
except for goods suitable to the Indian and Chinese
markets. Less activity has prevailed at Leicester
111 the hosiery department, and in the various hard-
ware districts of Sheffield, Wolverhampton, and
Birmingham the transactions have been limited at
about former rate. The iron trade of South Staf-
fordshire has been moderately active, although no
change can be recorded in prices.
In the Liverpool Cotton Market on Saturday a
Moderate amount of business was transacted, and
Prices were unaltered. The sales were 6,000 bales.
The -
Railway Share market closed steadily, and
quotations were firm.

The arrivals of specie '
this morning include
£12,000 by the Cleopatra, from Africa, and the
Sultan, from the Peninsula, with £3,883.: The
Africa has also been announced from New York,
but it has not yet transpired what gold she has
brought.

About £20,000 was withdrawn from the Bank
of England on. Saturday.

There has not been much diminution in the de-
mand for mosey within the last few days, but the
market appears quieter, and less excitement prevails
in reference to the probable alterations in the rate
of discount. It is not unlikely that the minimum
will ascend still higher, as the "Other Securities"
of the Bank are rapidly increasing, while frequent
withdrawals of gold are still reported. Under these
circumstances full' quotations are charged for ac-
commodation ; And bankers and brokers ask en-
hanced termalor bills having more than three
months to run.

The Market for English Stocks to-day has pre-
sented a dull and heavy appearance, a reaction
front the highest point attained on Saturday,
amounting to per cent. having taken place. This
Unfavourable change has been produced by specula-
tive sales by parties who bought at lower quota-
tions, and were desirous of securing their profit.
consols are 94 for.money, and 94;1 d for the
account. The New 3 per Cents. and the Reduced
Were 941 ; Eyohequer Bills, 235. to 265. prem.;
India Loan, 103-1 y ; ditto 5 per Cent. Enlaced
paper, 97 ; ditto 5} per Cent. ditto, 1031 ; and
ditto Debentures, 971 I.

The Foreign Market was very quiet, owing to
the settlement of the account. Turkish 6 per Cents.
Ire 78t to 781 ; ditto New Loan, 654 to 66 ;
'Uzi= 201 ; Russian 3 per Cents., 641; and Dutch
Per Cents., 1021.
The Oeean Marine Insurance Company's shares
Ire 2/ pm.; the Universal ditto, -1 d prem. ; the
San Paulo Railway, I dis ; Turkish Bank, dis.
to Par ; and Canadian Loan is 2 -1 prem.
In the Railway Share Market the dealings have
hen moderately active, but prices have shown
rather less firmness. Great Western, North-Wes-
tern, South-Western, and North British, have de-
clined 54.4 and Caledonian and Midland, 103. Lon-
don and Blackwall have advanced 10s. to 15s.

The foreign lines are inactive. Lombardo-Vene-
tians realise 11k, and Pernambuco 12. Antwerp
lad Rotterdam are 4t 41.
In the Colonial Market Grand Trunk of Canada
have receded 59.; Great Western of Canada, ss. ;
lad East Indian, 6s. ; Great Indian Peninsula have
advanced. ss. •

JointStcick Bank and Miscellaneous Shares are
at steady 'rates.

Bank of Australasia have declined 10s, and Union
of Australia advanced ss. Peninsula and Oriental
Rteam have risen to 80, and Scottish Australian In-
Nistment realise 121.

%mete' 11117131 Till DAY AT ONZ I'ILOOK.
altblE Steei .
z Per Cent,'Rednced Annuities 94/ 1
' I)* rentiCensols Annuities .... 941 1 1
At •
‘ * 3 per,Cent. Annuities • 941 4/
kiia Stec#
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per cent —
Ditto 6 per Cent.
bhe Ditto 6} per Cent.
' Debentures, 1858
0_ Ditto, 18.59
tusgols for Account (March) 941
001,squer Hills, £l,OOO, 10 26 3
4!tte si,oo • .
ILtte Sinall,•lld
Ream Si JiItZION IITNDS AT ONIII 1111 LOOK.
&le •
h„1-141 an 3 per Cent.
"„t'llan, 1822, £ St., 5 per Cent —
'ate 3 C t 1859 iii.„_,. , per en ~
1," 14,411, 4 per Cent.
`oltish 6 per Cent 65/ f
b Dividends on the above payable in London.
11,,kh 13xohange, 12 Guil. Cent.er Cent —
-uitto Certificates, 4 per
• TWO O'CLOOK.
Consols, Money 941 I
Ditto Account (March)