The Sun.
London, England, 1858-11-02 00:00:00

The efflux of specie during the next few weeks
will
probably absorb a large aggregate amount,
Which, in addition to the quantity already sent
away within the last fortnight, has led to some
discussion in financial circles, relative to the in-
Rilence the movement is likely to exert upon the
course of the money market. It is among the time
operators in speculative securities that the subject
is most earnestly considered, and already the Bulls
have exhibited unmistakeable symptoms of un-
easiness ; while the Bears, on the other hand, have
been encouraged to follow out their opinions as to
the probable effect of the drain of gold to the con-
tinent. The markets, which were previously in a
11ost inactive state, have, consequently, assumed a
still More discouraging appearance. The decline has
not been extensive, but a heavy and unsettled
heeling pervades the several departments of the
such as the public are accustomed to when
some great political question is pending. the result
to 'which, whether for good or evil, it is impossible
at
ion
o foretell. Such has been the effect of the appro-
aealmost half a million sterling from the hecani
daily movements
reserve, which still exceeds 19 millions.
the
movements of specie at the Bank, and
" "variation in the continental exchanges, are
consequently
watched with a certain degree of
nah-I,letY by the speculators, but among the general
Who are still able to get their bills nego-
ated a fraction above 2s per cent., the question
48 scarcely become sufficiently important to arrest
ittention. It is fully understood that the Turkish
u remitted,
j'an and other financial payments will have to
and up to the present time it has not
been; shown that any extensive consignments have
been made except in connection with those arrange-
alents,

The Funds have declined about 1 per cent., Con-
981being 98 to 981 for money and the 10th, and
• . 1 for December. Very few transactions have
?ken place, but these have shown diminished con-
'ldence in the strength of the market. Bank Stock
aitele'ri-anced to 226 and 227. The New Threes and
• duced have receded to 961 ir-3. Long Annuities
Bps
been dealt in at 181; the March Exchequer
gllh3 375. to 40s. ; June ditto, 31s. to 345. India
Stock is marked 225 ; ditto Debentures (first issue),
9`.
; and the second ditto, 991.
4 1.11 rather large amount of business is recorded in
at e Poreign Stock Market, but prices in some in-
09es have declined. Turkish 6 per Cents. are
is
; ditto Scrip, Ist issue, 1 1 prem. ; ditto, 2d,
Le'
4; ditto 4 per Cents., log. Russian 41 per
14'.) 1021; Sardinian 5 per Cents., 931 941;
eeeLican 3 per Cents., 201 1•; Peruvian 41 per
zul ) 911 92 ; Spanish New Deferred, 301; Bra-
Ceall 5 per Cents., 103 ; Buenos Ayres 6 per
va tits" 80 ; Equador Bonds, 151 ex div. ; Peru-
„ ir,
Dollar Bonds, 781; and Dutch 4 per Cents.
"3-} 101.
11011 e transactions in the Railway Share Market
1,44.ve been rather numerous, but most of the
01,Q15 e+iPal lines show a downward movement of
Gr 11‘ } per . cent. Caledonian, Great Western,
111,1n.ealt.. Northern, Lancashire and Yorkshire,
(/re'utc:rl, South Western, and North Eastern
041rWlek) have declined 10s. ; Eastern Counties
did North Western, 15s. and North British,
tit: The Foreign lines show little altera-
Z 4. Great Luxemburg and Southern of France
' a shade flatter. In the Colonial Market East
clian declined ss. ; Great Indian Peninsula, ss. ;
• Grand Trunk of Canada, 10s.
Joint-Stock Bank Shares show a slight decline.
Bank of Australasia have receded 10s.; Bank of
440 r, adon, ss. ; London and Westminster, ss. ; and
dental Bank, 10s. to 15s.
Miscellaneous Shares were steady. Electric
q.egraph realised 115 ; General Steam Navigation,
•74 It 26 ; Peninsular and Oriental Steam, 87 ; and
'llal Mail Steam, 61 1.

It BRITISH FUNDS—CLOSING PRICES.
aft,* Stock 226 7
Aar r, .
.-.,
-ellt. Reduced Annuities 96-143
lki7,f. Cent. Consols Annuities
6 ;Z_ Per Cent. Annuities
trr Cent. Annuities ll7
lig. A._ .. .
biizouities, expire sth Jan., 1860 1 3-16
D' a° Years, expire sth Jan., 1880
Ih2;10 3o years, expire sth April, 1885 l/
1)--'41. Stock ears, ' - 226
itt° b
.h„, e entures
tii":q.o.., 2d Issue
bi„.41.? tionds, 41,000
QoZol,llider 41,000
ill for Account 985 5 8 5 8
:ts_ March 3 une.
1),itt.'07.1,9r Bills, £l,OOO, 2d. &lid.. ,3740 1 31 4
Dl toe
0,40 "-
Staa,u, iid 37
A4h2''OREIGN FUNDS—CLOSING PRICES.
ilrazir Bonds, 5 per Cent 94k
,bi,au, 5 per Cent. lO3
411,...,,Z.Q04
AlB6B, 45 per Cent 973
Ditto ,Yres, 6 per Cent ...
bitt 'lce°unt
LI, 0 Deferred
ci.lll 6,per Cent. losf
41ekiZr New Consolidated
D . -'3l 3 Per Cent
Nitit° Account
biti.,4ll, 45 per Cent.
tift.iso' (tribarren), 45 per Cent.
A A
ortii,,... mount
-4418 "ese 1853, 3 per Cent.
ic11.841, 1822, £ St., 5 per Cent
Na. ,IC 45 per Cent.
Pa-'4):tio,all
aunt nt , 5 per Cent
D•ttz 0 Per Ce
Tllorki 1 A
I)itth ,
. per Cent.
DDitt:4l, ew Loan Scrip
ACCOI.IIIt
DD., Guaranteed, 4 per Cent.
VezieZ Account
l'iittoeba, 5 Per Cent.
eferred 2 per Cent 145
I,re.._ Dividends on the above payable in London.
4.4811+1.1 Relates, 45 per Cent. Ex. 25f 96 50
butella., 10 Gu. 4, 5 per Cent.
bitl-achange, 12 Guil. 2f per Cent —
11,,,_ '0 can D
Certificates 4 ner Cent
liar Bonds, 44 per Ct. Ex. 4s 785
THREE O'CLOCK.
Ditto A
• Consols Money and:Account 9B 5
ccount„Nov. 10