The Sun.
London, England, 1860-05-31 00:00:00

MONEY MARKET AND CITY _NEWS.

CITY, Two o'CLocii.

There is rather more inquiry for discount accom-
modation in the general market, and the rates ap-
pear a shade firmer ; but a plentiful supply of
money is on offer, and the mercantile classes find
no difficulty in obtaining all the assistance they re-
quire at the current quotations. When the bills
due on the 4th are provided for it is probable that
the market will exhibit symptoms of increased ease,
especially if the accumulation of gold should con-
tinue.

The sum of £5,800 has been applied to the
redemption of 37 Special Danish 5 per Cents., and
44, of the value of £6,500, have been drawn for
payment on the Ist September next.
Rather more animation was exhibited in the
Liverpool Cotton Market yesterday, and prices
were without alteration. The sales amounted to
8,000 bales. In the Railway Share Market a mode-
rate amount of business was recorded, but quota-
tions were rather less firm.

At the meeting of the Trust and Loan Company
of Upper Canada, the report, which has already
been published, was adopted, and a dividend at the
rate of 81 per cent. per annum was declared.
Some sales of money stock, and the circulation of
unfavourable rumours with regard to foreign po-
litics, have imparted a heavy tone to the English
market. Consols have declined to 943 95 for
money, and 95 to 95/for account. The speculative
operations have been limited. The New Three per
Cents. are steady at 931 d ; the Reduced at 931 g ;
Bank Stock has declined to 2271 and 228; India
ditto is firmer at 221/ to 224 ; ditto New Loan re-
mains at 1061 3 ; and Exchequer Bills are 7s. to
10s. prem.

In the Foreign Stock Market business has been
inactive, but prices have tended upwards ; at the
present moment, however, less firmness is apparent.
Turkish 6 per Cents. are 74 to 741- ; ditto New,
57 to 571 ; and the 4 per Cents. remain at 1011 ;
Dutch 21 per Cents. have improved to 661, ; ditto
4 per Cents. to 1011; Mexican to 211 4 ; but
Peruvian have declined to 82i.

The Ocean Marine Insurance Shares are 2.1,
prem.; the Thames and Mersey ditto, 1: I prem. ;
and the Universal ditto, I prem.

Messrs. Bell report the following as the prices
of American Securities :

Redeemable
United States 6 per Cents 1867-1868
Do. 6 per Cent Bonds
Maryland 5 per Ct. Str. Bonds
Massachusetts 5 per Cent. Str
Bonds
Pennsylvania I per Ct. Stock —
Alabama 5 per Cent. Bonds —
Kentucky 6 per Cent. Bonds . 1868-72
Ohio 6 per Cent. Stock lBB6
Pennsylvania 5 per Ct. Bonds 1877
Tennessee 6 per Cent. Bonds. Divers
Virginia 6 per Cent. Bonds
Virginia 5 per Cent. St. Bonds 1888
Boston 6 per Cent. St. Bonds
Illinois Central 7 per Cent.
Illinois Central 6 per Cent.
Illinois Central 7 per Cent
(Freelands)
Do. shares, 60 dole. paid
Michigan Central 8 per Cent
Do. do. shares

Prices

91/ 92/
•
- 95/ 96/

101} 1023/4
82 84
75 77
90 92
97 98
86 87
79 81
84 85
82 84

1875 79 80
1875 75 77

1860
1869

89
43
82
38

90
41 die
83
40

The last week's railway receipts, ascertained up
to this day, are in round figures as under :

1860. 1859.
Great Western £39,198 £31,940
South-Western
Brighton 22,598 13,852
Midland
South. Eastern
Great Northern
Lancashire and Yorkshire
North-Eastern
Bristol and Exeter 6,917 6,520
Manchester, Sheffield, and Lincoln
Oxford, Worcester, and Wolverhampton 5,413 4,603
West Hartlepool
Edinburgh and Glasgow 6,520 6,206
Glasgow and South-Western
Grand Trunk of Canada
Great Western of Canada
It will be seen, therefore, that a decided improve-
ment has taken place in the traffic of most of the
principal railways during the past week, compared
with those of the same period of last year. The
intervention of the Whitsun holidays, together
with the attractions of the Derby-day at Epsom,
have largely added to the receipts of the pleasure
lines to the south of the metropolis. The increase
on the Great Western has been £7,458 ; on the
South-Western, £7,184 ; on the Brighton, £8,746;
on the Midland, £5,676; on the South-Eastern,
£2,177 ; on the Great Northern, £340; on the Lan-
cashire and Yorkshire, £5,606 ; on the North-
Eastern, £5,675 ; on the Manchester, Sheffield,
and Lincoln, £1,515 ; on the Edinburgh and Glas-
gow, £314 ; on the Grand Trunk of Canada,
£2,696; and on the Great Western of Canada,
£462.

A
In the Railway Share Market the dealings have
been rather limited, and little variation of import-
ance has taken place in prices. Lancashire and
Yorkshire, North-Western, and South-Eastern
have declined about ss. Midland, North-Eastern
(Berwick), and North Eastern (York), improved 55.,
and North-Eastern (Leeds), 10s. Great Northern
Shares have been a shade flatter, but the decline
has not exceeded I to i per cent. _

The Foreign and Colonial markets have shown
♦ery little animation. Great Luxembourg are
steady at 61, and Lombardo-Venetian are quoted
prem. to 1 dis. Grand Trunk of Canada realise
321.; Great Western of Canada 121 ; East Indian,
1013, 1021 ; and Great Indian Peninsula, 100.
Joint Stock Bank and 'Miscellaneous Shares
are a shade firmer. - Bank of Australasia have
advanced 10s. ; London and County, 10s. Crystal
Palace have declined to 31, 32.

BRITISH FUNDS—ONE O'CLOCK,
Bank Stock .
3 per Cent. Reduced Annuities 93a a
3 per Cent. Consols Annuities
5
New 3 per Cent. Annuities
Annuities, 30 yrs, expire sth Jan., 1880 l3a
Ditto for 30 yrs, expire sth April, 1885 l7 5-16
India Stock ..
Ditto 6 per Cent. .
Ditt., Bonds £l,OOO -
Ditto under £l,OOO
Consols for Account
Exchequer Bills, £l,OOO, Ifd
D t, £5OO lO 7
Ditto Small
Ditto Advertised
FOREIGN FUNDS—ONE O'CLOCK.
Mexican 3 per Cent 2la
I )itto Account
Peruvian 4t per Cent
Ditto (Uribarren), 41 per Cent.
Turkish 6 per Cent
Ditto New Loan
Ditto Guaranteed, 4 per Cent.
Dividends on the above payable in London.
patch Exchange, 12 Guil. 2f per Cent 66a 6
Ditto Certificates, 4 per Cent.
TWO O'CLOCK.
Consols, Money
Ditto June Account