The Sun.
London, England, 1860-11-08 00:00:00

.M O? MARKET AND CITY NEWS.

CITY, Two o'CLocK.

Considerable interest has been felt in the pro-
ceedings of the Bank of England Directors at their
weekly meeting to-day, and as the majority
inclined to the opinion that the rate would be
advanced to 41 per cent., although there has been
nothing to warrant such a conclusion, except the
efflux of gold, which has latterly diminished, the
demand for money has been:temporarily augmented,
and bankers and capitalists have been induced to
ask rather higher terms for the accommodation
they have afforded.
The directors of the Great Southern of India
Railway Company have made a further call of
£5 per share, payable on or before the 15th
proximo.
A call of L 2 per share has also been made on the
South Eastern of Portugal Railway Company's
Preference (B) shares, to be paid on the 6th of
next month.

There were no bullion operations of importance
at the Bank of England yesterday.
Notice has been given that the sum of £65.100
has been appropriated to the redemption of 457
Danish 3 per cent. special Bonds of the Loan of
1825.

A meeting has been convened of the Thames
Graving Dock Company for the purpose of em-
powering the directors to raise a sum of money on
mortgage of the Company's property to pay exist-
ing liabilities.

A fair amount of business was recorded in the
Liverpool Cotton Market yesterday, and prices
were steadily maintained. The sales were esti-
mated at 12,000,bales. _ _

The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
1860. 1859.
Great Western
North-Western
South-Western
Brighton 19,3.57 16,066
Midland
South. Eastern
Great Northern 27,772 27.208
Lancashire and Yorkshire
Bristol and Exeter 6,169 6,616
North-Eastern 40,896 37,375
West Midland
Dublin and Belfast
Edinburgh and Glasgow.. 6,377 5,989
Grand Trunk of Canada 16,668 12,338
Great Western of Canada

The above returns continue to show a steady
improvement on most of the principal under-
takings :—On the Great Western there is an
increase of £3,646 ; North-Western, £1,815 ; South-
Western, £3,436 ; Brighton, £3,291; Midland,
£2,317 ; South-Eastern, £1,536; Great Northern,
£564 ; Lancashire and Yorkshire, £4,227 ; North-
Eastern, £3,520 ; Edinburgh and Glasgow, £3BB ;
Grand Tr'unk of Canada, £4,330; and Great
Western of Canada, £1,895.

The minimum rate of discount has been raised to
41 per cent., but the recent drain of gold had fully
prepared the public for the alteration, and it has
consequently created no surprise. A considerable
reduction has been made in the stock of bullion,
and as the movement is still in operation, the direc-
tors of the Bank of England have found it necessary
to inaugurate a restrictive policy, notwithstanding
the plentiful supply of money in the discount mar-
ket, and the absence of any symptoms of pressure
or stringency. _ _

The rise in the value of money has not produced
any unfavourable symptoms in the market for Pub-
lic Securities, which, on ,the contrary, have under-
gone a decided improvement, Consols being 931
for money, and 931 for December. It appears
that some extensive purchases of stock for transfer,
as well as on speculation, have been made. The
settlement has also produced a favourable effect.
The New Threes and the Reduced are firmer at
911 21 India New Loan is steady at 103-1 ; the
Debentures are at 96, and Exchequer Bills at 3s.
dis. to par.; Bank Stock is flat at 232.
The dealings in the Foreign Stock Market have
been very limited, and prices in some instances are
rather flatter. Turkish 6 per Cents. are 701 to
711; ditto New, 57 y ; Mexican have receded to
22 ; Dutch 4 per Cents. to 991 ; and Spanish to
481 ; but the Deferred are steady at 4013 4 ; Bra-
zilian 41 per Cents. (1860) are heavy at 881.
Ocean Marine Insurance shares are 1Z- 2 prem. ;
Thames and Mersey, 4 Z- prem.; and the Universal,
-} prem.

Business in the Railway Share Market has been
rather inactive, and prices in some instances have
been less buoyant. London, Chatham, and Dover,
have declined L 1; Midlands, 10s., and North
Westerns and South Westerns, ss. ; Eastern Coun-
ties, Great Westerns, and North Eastern, Berwick,
advanced ss.

The Foreign and Colonial lines have shown
rather more firmness. South-Austrian and Lom-
bardo-Venetian realised 111 ; Dutch Rhenish 121
East Indian have improved to 1001 ; and Great
Indian Peninsula declined to 961.
The Canadian lines are also a shade firmer,
Grand Trunks being dealt in at 21 and 211, and
Great Westerns, at 111 to

Joint Stock Bank and Miscellaneous Shares
continue inactive. Oriental Bank declined ss. ;
Ottoman Bank, ss. ; and Royal Mail Steam
advanced 10s.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock
3 per Cent. Reduced Annuities 9ll a
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
India Stock.
Ditto b per Cent .
Ditto Debentures, 1858
Consols for Account, Dec. 6
Exchequer Bills, £l,OOO, lid
FOREIGN FUNDS—ONE .O'CLOCK.
Brazilian 5 per Cent
Ditto 45 per Cent. 1858 B9 81
Ditto 45 per Cent. 1860
Mexican per Cent ..
1)11-1 0 Account
Spanish 3 per Cent.. ............
Ditto New Deferred.
Turltish 6 per Cent ..
Ditto Account
Ditto New Loan .............. --;
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 25 per Cent —
Ditto Certificatzs, 4 per Cent.
Ditto Account
TWO O'CLOCK
Consols, Money 931 93a
Ditto Account 93a

THE EXPLOSION ON BOARD TB

TON.NING.

Another name has be
GREAT 'YARMOUTH, Nov. 7.
lengthy list of victims of the
Wasp,
eexplosion on board
thehav
iTnognsnuionegu
m steamer,h edto t the chief mate,
the injuries which he received.
withe seems
The poor fellow was a Yor
four or five helpless children. Hireroan,
was
conviction of
and has left
lossas brought to
first to have been impressedfrom the
his approaching end, for when he
which his
of
shore he alluded frequently to the
dreadful" poor bairns" were about to sustain. Subsequently
Yunker
he became delirious, and in the course
yester-
day he was mercifully released from hisy
sufferings. Yunker Aintz, or Aintz
for there seems to be some doubt as to the exacter
nomenclature—the cattle man, continues alive,
but up to a late hour to-day he was in a comatose
state, and there is but little or no hope of his re-
covery. The poor sufferer has sustained some
severe internal injury, and his case is consequently
one of great difficulty and danger. The other
Duthhnian Pieter Peters, is happily doing well, as
are Edward Peak, Timothy Read, and Francis Ray,
the other men lying at the hospital. The borough
coroner (Mr. C. H. Chamberlin) has received to-day
an official intimation from the Board of Trade that
Captain Robertson, R.N., their surveyor-general,
accompanied by one of their engineer officers, has
been
deputed to make a close examination of the ,
steamer,
which is still lying at Lowestoft. It
appears that the patch to which the captain
on the
referred in his evidence was put into the boiler
port side ; and as possibly this patch
m
mayhave had something to do with the disaster,
the
matter will, no doubt, receive attention at the
hands of the inspecting officials. Eleven persons
on board the steamer escaped uninjured the fright-
Golder
1'4'1,1 resuts of the explosion—viz,, George Rivers,
Lilo captain ; Thomas Jago, boatswain ; Thomas
Hawthorn,
; William Golder, boatswain's mate;
James
two cattlernn
John Heiakwithorn, seaman ; John Read, seaman ;
safety to , second engineer ; two firemen, and
theefn. These persons, no doubt, owe their
spent itself a •
act that the violence of the explosion
amidships and in an upward direction)
while they 'Were fore and aft.