The Sun.
London, England, 1858-09-15 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLoCK.
The continuous accumulation of bullion at the
Bank of England, and the quietude of the money-
market, encourage the speculators at the Stock
Exchange to engage in- operations for a rise, and
also tend to impart confidence among the commer-
cial community. Judging from the present re-
quirements of trade, and the state of the specie
movement, it is not imagined that there will be any
immediate alteration in the terms for accommo-
dation. While, however, it is not supposed that
the Bank authorities will, under any circum-
stances, make a further reduction, owing to
the impulse that might be given to speculative
adventure, and the very moderate benefit that
would accrue to themselves by such a change, it
is quite certain, on the other hand, that with their
rapidly-augmenting resources, they will not be
compelled to resort to measures of a restrictive
character, at least for a period of several weeks.
Yesterday a further addition of £160,000 was made
to the stock of bullion in the Bank of England, and
as the £414,000 brought by the Avon has now
been delivered, a further considerable increase may
be expected both in the returns that will appear
next Friday, and also in the succeeding balance-
sheet.

The 3 per Cent. Rentes on the .Paris Bourse,
yesterday, closed at 73f. for money, and 73f. 20c.
for the account, being an improvement of nearly
per cent.

No change of importance took place yesterday
in the rates of continental exchange.
The price of gold is now 1-10th per cent. dearer
in London than in Paris, and in Hamburg it is about
3-10ths per cent. cheaper than; it is here.
Letters from Liverpool report that the Cotton

Market yesterday closed firmly, and prices tended
upwards, and the sales were estimated at 12,000
balk In Railway Shares a rather extensive busi-
ness 'vas transacted at very full values.

A meeting took place yesterday of the creditors
of Messrs. J. Carmichael and Co., who lately sus-
pended at Liverpool, and it was resolved to wind
up under inspection. The liabilities were stated
at £324,000 and the assets at about £220,000.
The Alhambra, from Gibraltar, has brought
£1,272 in specie. Further consignments are daily
expected from Australia, and the exchange at
New York has advanced ; moderate imports from
that quarter are not considered improbable.
There is very little alteration in the general posi-
tion of the Stock Exchange markets, and the

transactions are still confined within narrow
limits. Notwithstanding this inactivity, however,
the quotations are maintained, and renewed buoy-
ancy is apparent whenever purchases are effected.
The speculators who seldom operate extensively for a
rise, when the public :are investing freely, con-

inue to observe the utmost caution in their

transactions. Consols are about 971 for
money, and 971 1 for account. The expecta-
tion of a further important increase of bullion, and
the rise on the Paris Bourse are in favour of the
market. The New 3 per Cents. are quoted, ex-
interest, for the opening, 96:. The March Exche-
quer Bills, 335. to 365. prem. ; and June ditto, 245.
to 275. prem. The Bonds have been dealt in at
1001. India Stock is firm, at 2171; ditto Deben-
tures 981 e ; ditto Scrip, 2d issue, 981; and ditto
Bonds, 1 ls. to 15s.

Activity is apparent in the Foreign Stock Mar-
ket, and prices are buoyant. Turkish 6 per Cents.
are 96 1 ; ditto 4 per Cents., 10411 Brazilian 41 per
Cents. (1858), 961 4 ; Buenos Ayres 6 per Cents.,
78 ; Grenada New Deferred, 51; Mexican 3 per
Cents., 211 ; Peruvian 41 per Cents., 92 ; ditto
3 per Cents., 71 1 ; Russian 5 per Cents., 1101;
Sardinian 5 per Cents., 9211 ; Spanish 3 per Cents.,
461 ; ditto Certificates, 61 d ; Peruvian Dollar
Bonds, 77; and Dutch 21 per Cents., 661. Turkish
Scrip is 4 1 premium.
The Railway Share Market has been modera-
tively active, and a further slight advance may be
reported in most of the principal undertakings.
Eastern Counties, Great Western, and Brighton
have improved ss. ; South-Western, and Manches-
ter, Sheffield, and Lincoln, 10s. ; North-Western,
andNorth-Eastern (York), Ms.:. and North-Eastern
(Berwick), £l. The Foreign and Colonial under-
takings are at improved quotations. Paris and
Lyons have advanced ss. to 10s. ; Northern of
France, £1; East Indian, 15s. ; Grand Trunk of
Canada, 15s. ; and Great Western of Canada, ss.
Mining Shares are at almoSt nominal values.

For Joint-stock Bank and Miscellaneous Shares

there has been a very limited inquiry. Bank of
Egypt and New South Wales brought former
prices. Atlantic Telegraph Shares realise 505 to
510 ; Australian Agricultural, 34k to 341 ; Anglo-
Mexican about 148 ; and Crystal Palace, 11.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK
3 per Cent. Consols Annuities
NOW 3 per Cent. Annuities
Ditto for Opening
India Stock
Ditto Debentures, Ist issue.
Ditto Scrip, 2nd issue 9Bk
Ditto Bonds, £l,000
Consols for Account
Exchequer Bills, £l,OOO, 21d 33 6 I 24 7
Ditto £5OO, . , — I 24 7
Ditto Small, 141 . - 1 24 7
Ditto Bonds, 1858; 31 per Cent.
Ditto, 1859 lOOl
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian, 5 per Cent
Ditto 1858, 41 per Cent
Ditto Scrip '7B
Grenada New Active, 2 per Cent. ..... '
Ditto Deferred 5l
Mexican 3 per Cent.
Ditto Account
Peruvian, 41 per Cent.
Ditto Account
Ditto 3 per Cent. —
Ditto Account
Russian, 1822, £ St., 5 per Cent llOl
Sardinian, 5 per Cent 921 1
Spanish 3 per Cent —
Ditto Account
Spanish Corn, Cert. of Coup. not funded 6l 1
Turkish, 6 per Cent.
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 12 Gun. 21 per Cent 66i
Peruvian Dollar Bonds, 41. per Ct. Ex. 4s. 77
TWO O'CLOCK.
- - -

Consols, Money 7l
Ditto Account 97