The Sun.
London, England, 1858-12-08 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLoax.
The demand for discount accommodation created
by the usual monthly payments has not been sus-
tained. An opinion was entertained in some
quarters that the preparations for bringing the
annuals account to a close, and the subscriptions to
various projects during the month, including
£450,000 to-day for the Turkish Loan, and various
railway calls, would have promoted continued ac-
tivity among the bankers and bill brokers ; but the
market again exhibits symptoms of extreme easi-
ness, and the plethora so frequently referred to
during the last few months has undergone
no perceptible diminution. The terms for
negotiating approved securities were kept down
by the competition existing among the moneyed
firms and the managers of joint-stock banking
establishments, who are desirous of turning their
resources, or some portion of them, to immediate
and profitable use. Although occasional variations
may ensue, it is probable that monetary affairs
will remain in this position some time longer, be-
cause speculation is kept in check, and the improve-
ment in trade being gradual, capital is not being
drawn into commercial channels with any degree
of rapidity.
The upward tendency of the continental ex-
changes has caused an impression in many quarters
that the movements of the precious metals during
the next few weeks will be more favourable. About
£160,000 in gold was taken into the Bank of
England yesterday, and there is little doubt that
a considerable portion of the expected arrivals from
the antipodes will also be deposited in the vaults
of that establishment. The Marco Polo, from
Melbourne to Liverpool, has been telegraphed as
having arrived this morning in 92 days. She
brings 46,881 ounces of gold, estimated of the
value of £187,524.

In the Liverpool Cotton Market yesterday a
moderate business was transacted, and prices were
unaltered. The sales were estimated at 5,000 bales.
The Railway Share Market closed steadily at full
quotations.

The market for English Securities, which closed
with increased firmness yesterday afternoon, has
been tolerably well supported this morning, but
business remains in a very quiescent state. The
little speculation yet recorded has denoted a con-
fident feeling with regard to the probable course
.of values. The arrivals of specie, and the fact of a
Portion having been sent into the Bank, are re-
garded as favourable indications, while the firmness
in the exchanges, and the rise in the Paris Bourse
have also promoted a firmer tone. Consols have
been 97-Z- to 989 for money, and 98 a -7, for the ac-
count The Government broker has made a fur-
ther investment in Reduced Annuities. The New
Threes and the Reduced are 969 0 ; Long Annui-
ties, 18 3-16 ; India Stock is quoted 226 to 228 ;
ditto Loan Debentures, 99t- ; and the Bonds, 1 ls.
to 14s. prem. The March Exchequer Bills are 34s
Prem.

Business in the Foreign Stock Market is rather
limited, and prices are firmer., Turkish 6 per
Cents. are 92 1 ; ditto Scrip, Ist issue, is dis. to
Par ; ditto, 2d issue, /1 prem. ; dittcr4 per Cents.,
b3si ; Brazilian 41 per Cents., 95 / ; Chilian New
Loan Scrip, -.1 -2,- prem.; Equador, 17 ; Spanish New
beferred, 31k ; and Dutch 4 per Cents., 1001.

A further improvement has taken place in the
value of most of the principal English Railway
Shares, and a fair amount of business has been
transacted at an advance of about Ito per cent.
,on yesterday's closing rates. North-Western and
Mouth-Eastern have improved ss. Great Western,
Lancashire -and YorkshiFe, Midland, and North Bri-
tish, 10s., and Bristol and Exeter, and Chester and
liolyhead, 15s. Brighton, North Eastern, Berwick,
North British, and one or two others, realise fully
Previous quotations. In the Foreign and Colonial
Markets but little activity was exhibited. Paris
and Lyons improved about 10s. and East Indian
ES. ; Great Western of Canada declined 55., and
Geelong and Melbourne 10s.

Joint Stock Bank and Miscellaneous Shares
show a slightly improved tendency. London and
County have improved £1; Oriental Rank, 10s. ;
and Australian Agricultural shares, ss. to 10s.

BRITISH FUNDS THIS DAY AT ONE O'CLO CK.
3 per Cent. Reduced Annuities 961 A 1
...:per Cent. Consols Annuities
Now 3 per Cent. Annuities
Long Annuities, expire sth Jan., 1860 —
Ditto 30 Years, expire sth Apr., 1885 lB 3-16
India Stock
Ditto Debentures 991
Ditto Bonds, £l,000
Ditto under £l,OOO
Consols for Account, Jan. 11 9Bl
March June.
Ditto
Exchequer Bills, 4 I
34 000, 2d. &lid... 34
Small, lid .--•
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian 5 per Cent.
Ditto 1858, 4i per Cent 95/ 5
Chilian, 6 per Cent. —
Ditto 41 per Cent. Scrip ll7i k P
-e'c,cluader New Consolidated
BPanish 3 per Cent. —
Portuguese, 1853, 3 per Cent.
Turkish 6 per Cent. —
Ditto Account
Ditto New Loan Scrip
Ditto Account
Ditto 2d Issue
Ditto Account
Ditto Guaranteed, 4 per Cent.
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 2i per Cent —
Ditto Certificates, 4 per Cent.
TWO O'CLOCK.
Consols,,Money
Ditto Account,

SPORTING INTELLIGENCE.

BETTING AT MANCHESTER.-TUESDAY.

CHESTER CUP.
500 to 5 agst Trumpeter (taken)
500 to 5 agst Romsey (taken)
600 to 5 agst Gamester (taken)
600 to 20 agst Sir C. Monk's lot (taken)

LIVERPOOL STEEPLECHASE.
20 to lon the field (offered)
TWO THOUSAND GUINEAS STARES.
4to 5 agst Promised Land (taken)
11 to 2 agst Ralph° (offered)
No Derby betting.

His Royal Highness the Count de Paris purposes
leaving Claremont to-day, en route for Seville, on a visit to
"-la uncle, the Duke de Montpensier.
THE INDIA Houst.--Under the new regime the
,hours of attendance at the India House now extend from
,ten a.m. to four p,m. on every day except Saturday, when
~__°ffice work ceases at two o'clock. There is, however, an
'sPortant and rather frequent exception to this general
rule. Lord Stanley him elf often remains at his post till
Past six, and on those occasions it is naturally required
that each department shall be adequately represented.
The ISTHMUS of SUEZ SCHEME.—The Moniteur
de la Flotte says :—" The subscription for shares to the
Isthmus of Suez Canal has closed. It was proposed to
reserve 80,000 shares, representing 40,000,000 f., for the
i_total capital of France, but in France alone 250,000 shares
uave been subscribed for. As Egypt and Turkey
had sub-
scribed for 150,000 shares, the total of 400,000 is already
'nade up. The subscriptions of Austria, Russia, Holland,
the United States, Spain, Italy, Belgium, Switzerland, and
f;lemony, for which 40,000 were reserved, are not yet
icnown.”
ACCIDENT TO THE DUKE OF RUTLAND.—The
-Leeds Mercury states that a somewh;it serious accident
befel the Duke of Rutland while hunting on Wednesday
last. His horse, while taking a very wide leap, alighted in
a grip, and fell. with him, crushing his Grace's leg. Not-
withstanding this, the noble duke remounted, and rode
through the rest of the day; but, on his return to Belvoir,
it Was found that the injury he had sustained was of a more
serious character than had been at first supposed, and
Inedical assistance had to be called in.
FOUNDER'S DAY AT ETON COLLEGE.—The cele-
bration at Eton of the 417th anniversary day of Henry VI.,
the pious founder, took place on Monday last, at the pro-
ledge. There were present the venerable provost, Dr.
flawtrey ; the vice-provost, the Rev. T. T. Carter ; the
head master, the Rev. Dr. Goodford ; the lower master, the
-„,
-"•ev. W. Carter ; all the fellows and masters of the college ;
a ld several others educated at Etoh.
THE MAILS, &C.—SOUTHAMPTON, Dec. 7.—The
Peninsula and Oriental Company's steamship Alhambra,
'aPtain J. D. Steward, sailed hence for Vigo, Oporto, Lis-
bon,-. Cadiz, and Gibraltar, with the mails, £750 in specie for
Lisbon £3,230 for Cadiz, a miscellaneous cargo, and ; 26
aseengers, among whom are the Count de Paris, Colonel
huttleworth, R.A., Captain Layton, Lieutenant Shuttle-
With, &c. The Ripon, Captain Powell, left yesterday for
Kaye, with captains and crews to bring over the four
steamships just purchased for the Peninsular and Oriental
;:pany. The bark Soudan, Captain Meinert, arrived
`c'ere this morning from Hamburg, and will sail in a few days
4.0 r Lagos, West Coast of Africa, with a cargo of Manches-
rgeods.
A -DESTRUCTIVE FIRE AT BLACKWALL.—On Mon-
day night, at a late hour, the inhabitants of Brunswick-
street, Blackwall, were kept in a state of excitement for
several hours, in consequence of the raging of a destructive
e Which broke out on the premises in the joint occupation
of Mr. Perkins, sailmaker, and Mr. R. Ward, builder. The
R e broke out in the sail loft of Mr. Perkins, a building
leavly, 100 feet long by 23 wide. The fire was not extin-
Peished until the premises of Mr. Perkins, sailmaker, were
,astroyed, and the premises of Mr. Ward, builder, Messrs.
vi
'l,?tcas Hillier and Co., ship-carvers, Mr. J. Miles, licensed
TlT'llaller, were considerably damaged by fire and water.
The loss will fall on the Manchester, Times, and other fire
"le". Cause unknown.