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

MONET MA AND. CITY NE TVS.

-~-

CITY, Two o'CLocI.

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 applicatiocs are received, because first-
elass paper can be negotiated 4to 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
cr" tr:7ln • 9"--?

%"11."

'-- IC:A.ISi' loans, on:?. o already been
announced, while others are in course of arrange•
meat, 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, howeverrtha contemplated projects are
144
-sufficient numerous to justify the impression
that the exportation of the precious metals for
these purposes will direct the, whole of
Lae consignmentS: likely to arrive • from Australia
and other sources. Al,though 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-
that money will continue at easy rates, until
renewed activity is experienced in all departments
business. . .

The silver market continues very quiet, but the
decline in the China Exchanges, which is equal to
about 2 per cent at Shanghai, and 1 per cent at
'long Kong; will, it is imagined, lead to increased
remittances. The dollars by the last West India
steamer have been sold at ss. Id. per ounce,rand the
bars at ss. 14-d. per ounce standard.
The Liverpool Cotton Market yesterday closed
steadily, and prices- were unaltered. The sales
Were estimated at 6,000 bales. In the Railway
Share market very little business was transacted,
and quotations slightly receded.

The India and China mails reached Malta on the
23d inst., and are expected on Monday morning.

At the extraordinary meeting of. the Calcutta
and South-Eastern Railway Company, to-day, a
resolution was passed for reducing the capital to
4250,000, the amount upon which the Indian
authorities has 'agreed to guarantee 5 per cent.
interest.

The official returns relating to trade and navi-
gation for the ten months ending Oct. 31, 1858,
hate just been published. From them it appears
that the total declared value of the exports from
the United Kingdom for the ten months was
£98,579,126, against £106,721,381 in the like
period of 1857, showing a decrease of £10,142,155.
The
L. decrease is perceptible in coals and culm,
etil.nla, earthenware, haberdashery and millinery,
rdwares and cutlery, linen manufactures,
:en, lead, salt, silk manufactures, thrown silk,
1:41), British spirits, refined sugar, sheep and lamb's
°Q, and woollen and worsted manufactures, but
f there is an increase in beer and ale, cotton manu-
factures and cotton yarn. The importation of the
er"neipal articles' were large as regards brimstone,
coc'e,na, coffee, wheat, oats, Indian corn, flour, raw
,_,4a, fruit, hemp, spices, rum, sugar, tea, and
provisions,
but trey were smaller in live animals, barley,
saltpetre, raw silk, tallow, timber, wine,
and sheep and lamb's wool.
, The shipping accounts show a slight increase in
4 -
le amount of tonnage employed in the foreign
trade of the United Kingdom for • the entries in-
'Wards, hilt there is 'a decrease in the clearances
°lltwards. Ili 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 period of 1857.
c, A heavy tone pervades the market for English
Securities, in consequence of the decline in the
Eastern exchanges and the introduction of new
b°4llB. Sales have been made to a small extent,
it the transactions are unimportant, and there is
eansequently very little fluctuation. Consols
the about 981 I for money, and 981 for
7th proximo. Purchases for invest nt
are
tank
still conducted on an exceedingly limited s le.
an,lc Steck is marked 2241; the New Threes and
the
neduced, 961 97 ; the New 21 per Cent. An-
nuities, 821 ; the June Exchequer Bills, 31s. to 345.
Stan; . and the Bonds are steady at 1001. India
has been dealt in at 227 ; and ditto Bonds at
Ilk to 14s. prem.
Market
transactions recorded in the Foreign Stock
_tarket are limited, and prices in some instances
;XII ibit a slight decline. Turkish 6 per Cents. are
21 i-; ditto Scrip, Ist issue, 1 to 1 dis.; ditto, 2d
issue, 1 1 prem., being heavy ; Brazilian 5 per
Cents. are 103 ; ditto 41 per Cents. (1858), 97 98 ;
Equ,ador New Consolidated, 161 17; Mexican, 201;1
Belgian 41 per Cents., 1001 f 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
rine•pal lines showing a decline of about 1 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
lti 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
tank have improved 15s. ; London and West-
iniuster, ss.
J'a the Miscellaneous Market Canada land de-
Ire(' about £2 ; Peninsular and Oriental Steam,
—B"and Royal Mail Steamhave improved about ss.

BRITISH FUNDS—CLOSING PRICES.
aßank Stock
61
, Per Cent. Reduced Annuities
,zCent. Consols Annuities
dew
3 per Cent. Annuities
I,:i 21, per Cent. Annuities
iiong Annuities, ire expire sth Jan., 1860 1 3-16
India Stack . . -
Ditto Debtntul:e.s .....................
Ditto 2d Issue
Ditto Bonds, £l,OOO
bitto under £l,OOO
11 14
Consols for Account
981 1
March June.
lxxchequer Bills, £l,OOO, 2d. &lid... 36 9j31 4
Exchequer Bonds, 1859, 31 per Cent .... 1004
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent.
Ditto 1858, 41 per Cent 9B 74
V 410041825 5 per Cent.
CAA_ ar New Consolidated
P Dlt"ri 3 par Cent. —
Account -
nlvian 44 per Cent
Ditto Account ti 9341 4
Ditto (Uribarren), 41 per Cent.
Ditto 3 per Cent. —
Ditto Account
Russian, 1822, £ St., 5 per Cent —
~,,
11Ditto 41 per Cent.
!'„/'kitth 6 per Cent. 921-2
1/i.,tto Account
Illtfa -.)7@w Loan Scrip —
Ditto Amount
Dividends on the above payable in London.
klistrian,
per Cent., 10 Gu. £, 5 per Cent.l' .84
elgian, _ -41 Ex. 25f lOOl
THREE O'CLOCK.
Consols, Money
Ditto Account

TUE SPECIAL SERVICES AT ST. PAUL'S CATllE-
'''kin--We are desired to state that the Dean and Chapter
St. Paul's propose to open the cathedral for special even-
ag services as an experiment, from Advent Sunday, Nov.
in,: Easter in the following year. The service will corn-
t-„'llse sternen o'cloek, The public will be admitted at the
weside doors from the area facing Ludgate-hill.
he north door will be closed in order to give a fair trial
warming process, not yet completed. The smith door
v 4 ill be
open to the Right Hon. the Lord Mayor and the
-lerities of the City,"-the clergy of the cathedral, and the
n fpittee, with tickets. The choir will be admitted, with
ialTs the south-eastern postern door, opposite Wat-
T, t,4tieet. re sermon on the 28th November will be
Da fpit4 pishop of London, that on the sth
eceraber by the De 44 4t:
• TUE OLD LUCKNOW CIARRNow,r-_,lfp§terday even-
tpie. anniversary of the relief of the beleagt-iaed eity
of
-i;449t_, by General Havelock, was celebrated by the slit,
9sickr§ 9f the garrison by a banquet in the Pink
for thin th,o jloudon Tavern. Covers were laid
The fentellS plateaux from the Poliguac
coll; Olen occupied the °entre, end along the sides,
thlintervals, were arranged the unique Stowe claret cup, and
Louiseenit? Quinze fountains, with several rare reliques of the
J period. The chair was taken by Major-General Sir
Beaughe, K.C.B. supported by Majors R. P. Anderson,
34,ftheamu, Lawrenc,e, Forster, and Denning ; Captains Ear.
zActeller, Waterman, and Ruggles, &e.