The Sun.
London, England, 1860-08-01 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLoeK.

A further small withdrawal of gold—viz.,
£4,ooo—was reported at the Bank of England
yesterday; but the movement, it is thought, will
be checked by the supply just arrived from Aus-
tralia, but which has yet to be delivered. The
state of the Exchange and the extensive arrivals of
foreign grain will, in all probability, lead to ex-
t ensive shipments of specie ; but with steady
imports from Victoria and the United States, the
stock of bullion at the Bank of England is likely
to be well supported.
No alteration can yet be reported in the general
condition of the Money Market. The rates are
steadily maintained, and there is a moderate en-
quiry for the ordinary purposes of trade, although
the reports from 'most departments of business are
indicative of continued quietude.
In the Liverpoool Cotton Market yesterday the
transactions were on a limited scale, but prices re-
mained without change. The sales were only
6,000 bales.
No alteration of importance was apparent in the
Foreign Exchanges yesterday afternoon.

To-day the final instalment of 20 per cent. is due
on the Imperial Brazilian 41 per cent. loan of
4373,000.

The Magdalena, from the Brazils, has arrived at
Lisbon en route for this country, with £3,600 in
° pecie.

The Market for Public Securities opened this
Morning with a buoyant appearance in consequence
of the letter addressed by the Emperor to Count
p ertngoy, and as it induced buyers to come forward,
an advance of per cent. took place. Consols being
931- I for money, and 931 4 for the account ; this
improvement, however, has led to a few sales in
realisation of profits, and the upward tendency has
consequently received a check. The New 3 per
Cents, and the Reduced have advanced to 93i 941-;
India Stock is firm at 2181 ; and Bank ditto at
2291 and 230; India Loan is 1041; and Exchequer
Bills have improved to 3s. to 6s. prem.
Increased buoyancy has been exhibited in the
Foreign Stock Market, and a fair amount of busi-
ness is recorded. Turkish 6 per Cents. have im-
proved to 761 to 77 ; ditto New, 61 to 62 ; the 4
per Cents. to 101 ex div. ; Russian to 108 ; Mexican
to 211 ; Spanish to 481 ; ditto Deferred to 391 1;
ditto Passive to 211 1, and Danish 3 per Cents. are
Marked 84.

The Ocean Marine Insurance Shares are 21
prem. ; the Thames and Mersey, 4 1 prem. ; and the
Universal, } I. prem.

Considerable activity was apparent in the Rail-
Way Share Market, and a further improvement of
about 2to 1 per cent. took place in prices. The
chief feature, however, has been an advance of
about 3 to 3-t per cent. in Midland Stock, owing to
the announcement that the dividend will be at the
rate of 6i per cent. per annum. Caledonian, Lon-
don and Blackwall, Great Northern, and North-
Eastern (Berwick) have improved ss. to 10s. ;
Great Western, North-Western, and South-
Eastern, 155.; and Lancashire and Yorkshire, £l.
Bristol and Exeter declined 10s.

The Foreign and Colonial undertakings have
also exhibited more firmness. Lombardo-Venetian
realise par. Grand Trunk of Canada have ad-
vanced 155.; Great Western of Canada, 55.; and
East Indian, 10s.

Joint-Stock Bank and Miscellaneous Shares have
been moderately active, with little change of im-
portance to record in values. London Joint-Stock
are at 291 30 ; Union of Australia, 411. Royal
Mail Steam have declined to 491. The shares of
the United Kingdom Telegraph Company are
quoted at ?. prem.