The Sun.
London, England, 1858-11-24 00:00:00

M NE I' • MAR AND CITY NEWS,

CITY, Two o'CLocK.

The inquiry for discount accommodation is very
quiet, notwithstanding the low rates at which ac-
commodation can be obtained, and at the Bank of
England few applicatioes are received, because first-
class paper oan be negotiated 4 to a- per cent. lower
in the open market than at the national establish-
ment. In a few days, however, the demand may
be stimulated, by the liquidation of the speculative
accounts in foreign stocks and railway shares, as
well as the preparations for the commercial en-
gagements of the 4th of the 'month ; but it is
presumed that the effect will not be import.
ant or permanent, the available supplies of capi-
tal being so largely in excess of the current
requirements of trade or speculation. There
is some probability of an extensive absorption
for foreign loans, one or two having already been
announced, while others are in course of arrange•
ment, and, as they are likely to be supported, the
drain which commenced with the Turkish Loan
may be continued during the next few months.
At present, however, tha contemplated projects arc
not sufficient numerous to , justify the impression
that the exportation of the precious metals for
these purposes will direct the whole of
the consignments likely to arrive from Australia
and other sources. Although occasional fluctua-
tions may ensue, it is therefore imagined that the
stock of bullion will be maintained at a high point
for some time to come, and an impression also pre-
vails that money will continue at easy rates, until
renewed activity is experienced in all departments
of business.

The silver market continues very quiet, but the
decline in the China Exchanges, which is equal to
about 2 per cen t at Shanghai, and 1 per cent at
Hong Kong, wild, it is imagined, lead to increased
remittances. The dollars by the last West India
steamer have been sold at ss. Id. per ounce4and the
bars at ss. 11d. per ounce standard.

In the foreig: n exchanges yesterday, there was,
in most instanet !s, a slight improvement ; Vienna
and Trieste, ho` vever, were rather low.

The Liverpoc,l Cotton Market yesterday closed
steadily, and p rices were unaltered. The sales
were estimated at 6,000 bales. In the Railway
Share market vi !ry little business was transacted,
and quotations s lightly receded.
The India and . China mails reached Malta on the
23d inst., and ark expected on Monday morning.
At the extraordinary meeting of the Calcutta
and South-Eastern Railway Company, to-day, a
resolution was pussed for reducing the capital to
£250,000, the at nount upon which the Indian
authorities has a! greed to guarantee 5 per cent.
interest.

The official returns relating to trade and navi-
gation for the tei t months ending Oct. 31, 1858,
have just been put ►fished. From them it appears
that the total decla- red value of the exports from
the United Kingd om for the ten months was
£96,579,126, again st £106,721,381 in the like
period of 1857, sho'' ring a decrease of £10,142,155.
The decrease is perceptible in coals and culm,
china, earthenware, haberdashery and millinery,
hardwares and cutlery, linen manufactures,
iron, lead, salt, silk manufactures, thrown silk,
soap, British spirits:, refined sugar, sheep and lamb's
wool, and woollen tlnd worsted manufactures, but
there is an increase in beer and ale, cotton manu-
factures and cotton yarn. The importation of the
principal articles were large as regards brimstone,
cocoa, coffee, wheat, oats, Indian corn, flour, raw
cotton, fruit, hemp, spices, rum, sugar, tea, and
tobacco, but they were s mailer in live animals, barley,
provisions, saltpetre, ra►w silk, tallow, timber, wine,
and sheep and lamb's wool.

The shipping accounts show a slight increase in
the amount of tonnage employed in the foreign
trade of the United Kb igdom for the entries in-
wards, but there is a decrease in the clearances
outwards. In the coasting trade the tonnage em-
ployed has been rather less, for both the entrances
inwards and the clearances outwards, compared
with that of the same per',.od of 1857.
A heavy tone pervades the market for English
Securities, in consequence of the decline in the
Eastern exchanges and the introduction of new
loans. Sales have been made to a small extent,
but the transactions arc unimportant, and there is
consequently very little fluctuation. Consols
are about 984- 1 for money, and 981 for
the 7th proximo. Purchases for invest ent
are still conducted on an exceedingly limited stale.
Bank Stock is marked 224+ ; the New Threes • and
the Reduced,, 961 97 ; the New 21 per Cent. An-
nuities, 821 ; the June Exchequer Bills, 31s. to 345.
prem. ; and the Bonds are steady at 1001. India
Stock has been dealt in at 227 ; and ditto Bonds at
1 ls. to 14s. p rem.

The transactions recorded in the Foreign Stock
Market are limited, and prices in some instances
exhibit a slig ht decline. Turkish 6 per Cents, are
92/ 2; ditto ;Scrip, Ist issue, d to -} dis. ; ditto, 2d
issue, 2 4 prem., being heavy ; Brazilian 5 per
Cents. are 10,3 ; ditto 472- per Cents. (1858), 97-Z- 98 ;
Equador New Consolidated, 161 17; Mexican, 201. ;
Belgian 41 per Cents., 100 i ; Austrian 5 per
Cents., 84; and Peruvian 3 per Cents., 741.
Business in, the Railway Share Market has been
rather inactive, and prices are flat, most of the
princ.pal line 3 showing a decline of about / per cent.
Eastern Counties, Great Northern, Lancashire and
Yorkshire, North Western, Midland, and North
British, have each declined about ss. ; Manchester,
Sheffield, and Lincoln, 10s. ; and South Eastern,
15s. The Foreign and Colonial Lines have been
in very limited request. Great Western of Canada
have improved 55., and East Indian ss. ; Geelong,
and Melbourne have declined ss.

Joint Stock Bank Shares have been dealt in to
a limited extent, and prices are rather firmer. City
Bank have improved los. ; London and West-
minster, Os.

In the Miscellaneous Market Canada land de-
clined about £2 ; Peninsular and Oriental Steam,
155., and Royal Mail Steam have improved about ss.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.

Bank Stock
3 per Cent. Reduced Annuities 96f7 64 7 64
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
New 21- per Cent. Annuities
Long Annuities, expire sth Jan., 1860 1 3-16
India Stock
Ditto Bonds, £l,OOO
Ditto under £l,000
Consols for Account
March June.
Exchequer Bills, £l,OOO, 2d. &lid... 131 4
Exchequer Bonds, 1859, 3f per Cent. lOO4
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian 5 per Cent.
Ditto 1858, 41 per Cent. 9B 7i
Equador New Consolidated
Mexican 3 per Cent
Ditto Account .. 20k '
Peruvian 4k per Cent —
Ditto 3 per Cent.
Ditto Account
Turkish 6 per Cent. 62•
Ditto Account
Ditto New Loan Scrip
Ditto Account .. I dis par
• Dividends on the above payable in London.
kustrian, 10 Gu. £, 5 per Cent.
Belgian, 41 per Cent., Ex. 25f lOO4
TWO O'CLOCK.
Consols, Money
Ditto Account

THE SPECIAL SERVICES AT ST. PAUL'S CATIIE-
DRAL.—We are desired to state that the Dean and Chapter
of St. Paul's propose to open the cathedral for special even-
ing services, as an experiment, from Advent Sunday, Nov.
28, to Easter in the following year. The service will com-
mence at seven o'clock. The public will be admitted at the
two western side doors from the area facing Ludgate-hill.
The north door will be closed in order to give a fair trial
to the warming process, not yet completed. The south door
will be open to the Right Hon. the Lord Mayor and the
authorities of the City, the clergy of the cathedral, and the
committee, with tickets. The choir will be admitted, with
tickets, at the south-eastern postern door, opposite Wat-
ling-street. The sermon on the 28th November will be
preached by the Lord Bishop of London, that on the sth
December by the Dean of St. Paul's.
THE OLD LUCKNOW GARRlSON.—Yesterday even-
ing the anniversary of the relief of the beleaguered city of
Lucknow, by General Havelock, was celebratd by the sur-
viving officers of the garrison by a banquet in the Pink
Room at the London Tavern. Covers were laid
for thirty-six. The famous plateaux from the Polignac
collection occupied the centre, and along the sides,
at intervals, were arranged the unique Stowe claret cup, and
the Louis Quinze fountains, with several rare reliques of the
Cellini period. The chair was taken by Major-General Sir
T. Inglis' K.C.B. supported by Majors it. P. Anderson,
Boileau, Lawrence, Forster, and Denning ; Captains liar-
man) Fletcher, Waterman, and Ruggles, &o,