The Sun.
London, England, 1860-10-11 00:00:00

:10:.EY MARKET AND CITY NEWS.

CITY, Two o'CLocic.

The money market is assuming a more animated
as well as a firmer appearance, chiefly in conse-
quence of the recent •operations in specie. Some
extensive transactions have lately taken place both
in gold and silver, the former metal being required
for the Continent, and the latter for the East, the
war in China necessitating extensive remittances
on behalf of the English and French Governments ;
and there is reason to believe that the drain will
continue on an important scale, since, apart from
exceptional shipments, there is likely to be an
extensive demand for grain and other articles
of food. Money will also be required for India,
and the state of the Home finances, it appears, will
probably lead to an issue of Deficiency Bills. Under
these circumstances a continuance of easiness in the
discount market can scarcely be expected, but at
the same time there need be no immediate appre-
hensien of a return of pressure and stringency.
A further sum of about £67,000 in gold was.
withdrawn from the Bank of England yesterday.
The steamer Ellora, which leaves tomorrow for
Bombay, will take out £6,000 in gold, and £55,400
in silver.
An active business was reported in the cotton
market at Liverpool yesterday, and prices were in
most instances rather higher. The sales amounted
to 15,000 bales.
The Ziba has arrived from China with 638,900
lbs. of tea. _

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 22,946 20,361
Midland
South- Eastern
Great Northern 25,900 28.371
Lancashire and Yorkshire
Bristol and Exeter .. 7,451 8,087
North-Eastern ..
West Midland
West Hartlepool
Manchester, Sheffield, and Lincoln
467 1
0,795
Edinburgh and Glasgow 6,737 6,431
Grand Trunk of Canada
Great Western of Canada
The above returns, with one or two exceptions,
show a continued improvement. The increase on
the Great Western amounts to £4,523, the North
Western to £5,067, the South Western to £1,904,
the Brighton to £2,585, the Midland to £4,777, the
Lancashire and Yorkshire to £4,612, the North
Eastern to £771, the Manchester, Sheffield, and
Lincoln to £1,666, the Grand Trunk of Canada to
£5,653, and the Great Western of Canada to £3,29,1.
On the South Eastern there is a decline of £7Ol,
and on the Great Northern of £2,471.
A moderate business has been transacted to-day
in the market for Public Securities, but it has
chiefly been connected with the settlement. Sales,
however, have been effected, and increased depres-
sion has ensued, Consols being 921 for money,
and 93 to 938 for the account. The New 3 per
Cents. are 911 en div. ; the Reduced, 911 -a ex
div. ; and Bank Stock is 2271 ex. div. ; India ditto
remains at 2191; ditto New Loan at 1031 t
and ditto 5 per Cent. Enfaced Paper at 96 E;
Exchequer Bills are heavy at par to 3s. prem.
Only a very small amount of business is recorded
in Foreign Securities, and prices show no important
change. Turkish 6 per Cents. are 701 to 701 ex
div. ; ditto New, 561 .to 561. Dutch 4 per Cents
remain at 991. Russian 41 per Cents: are flat a
931 ; ditto 3 per Cents. at 65 ; and Venezuelan
have receded to 23; but Spanish Deferred are
firmer at 401 1.

The Ocean Marine Insurance Shares are 11 2
rem.; the Thames and Mersey, d 7 prem. ; and
the Universal, 1 a prem.
The transactions in the Railway Share Market
continued extremely limited, and prices generally
sympathised with the heaviness in the English
Funds. Caledonian, Eastern Counties, Lancashire
and Yorkshire, North British, and South-Eastern
have declined ss. ; East Anglian and North-Eastern
(York), 10s. ; South-Western and North-Eastern
(Berwick), 155.; and Great Northern,
The Foreign and Colonial Markets have also
been flat. South Austrian and Lombardo•Venetian
have receded to 11; Dutch Rhenish, to 121 13 ;
Grand Trunk of Canada are heavy, at 261 2(34 ;
and Great Western of Canada, at 13a. East Indian
have declined to 991 I; and Great Indian Penin-
sula, to 96 and 961.

Joint Stock Bank and Miscellaneous Shares con-
tinues in very limited request, at barely previous
quotations. Provincial of Ireland reached 84 ;
Crystal Palace declined to 291; and:Peninsular and
Oriental Steam, to 711.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock
3 per Cent. Reduced Annuities 9ll
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l6l
India Stock
Ditto to per Cent ,.. 1031 1
Ditto Enfaced Paper, 4 per Cent. —
Ditto 6 per Cent
Ditto 51 per Cent
Ditto Debentures, 1858 961
Ditto Bonds £l.OOO —
• Ditto under £l,OOO .l d
Co/awls for Account, Nov. 8.... 931 3
Exchequer Bills, £l,OOO, lid
Ditto Small
F 5 Opeßr . 4 pm par
ECIeGnrN.
IFB2II2,NEDIt—ONE O'CLOCK.
Russian
Ditto 41 per Cent.
931
Ditto 3 per Cent., 1869
Spanish 3 per Cent —
Ditto New Deferred
401
Ditto Account
Spanish Com. Cert. of Coup. not funded 6
Turkish 6 per Cent .. 70
Ditto Account ....
Ditto New Loan ....
Venezuelan 3 per Cent ....
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Cent.
TW 991
O O'CLOCK.
. 921 921
Consols, Money
~,,
,sn ",g
Ditto, Nov. 8 .............. . • •