The Sun.
London, England, 1858-02-06 00:00:00

MONEY MARK ET

AJD
COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocii.

The Bank of EnAand weekly return, made up to
3d of February, shows some very satisfactory
features. The reserve of notes has been slightly
diminished, but the amount is unimportant. The
bullion has increased 394,7001., and in the other
securities there is a falling off of very nearly one
million sterling. In the active circulation there is
an augmentation of about four hundred thousand,
as also in the public deposits, but the private deposits
show a decline of about one million and a quat ter.
In the Government Securities there is a further
increase, showing that the authorities have been
purchasing stock. The balance-sheet, upon the
Whole, is very encouraging and indicative of in-
creased ease, which is soon likely to occasion a
further relaxation in the minimum terms of dis-
count-. The tendency is strongly in that di-
rection, and the rapid declension in the " other
securities" must cause a further important
accumulation of the resources of the esta-
blishment. On Thursday, the 4th, a large aggre-
gate amount of bills were paid off, which has
no doubt bad the effect of augmenting the stock of
notes unemployed, while the immense supplies of
specie coming forward from Australia, and else-
where, will ensure a further important addition to
the bullion. Subjoined are the principal items,
and the changes they present.

Active circulation
Increase
Bullion
Increase
Reet
Increase
Pabbc deposits
Increase
Other deposits 17,030,175
Decrease
Seven-day mid other bills
Increase
Government securities
Increase
Other securities
Decrease973,74o
Notes unemployed
Decrease
The Foreign Exchanges yesterday afternoon were
rather flatter. Paris and Hamburg were rather
lower, but Amsterdam was about the same as on
last post day.

The amount of gold taken into the Bank yester-
day was about 21,0001.

Letters from Liverpool report that the Cotton
Market yesterday closed with a steady appearance,
and prices of all descriptions were fully supported.
The sales amounted to 7,000 bales, 1,000 of which
Were taken on speculation and for export. The
Railway Share Market closed with rather more ani-
mation, and values were without any material
alteration.

Since Monday la3t the imports of specie have
been about 1,145,1161., and the exports 279,4601.,
exclusive of the following shipments direct from
London to the Continent during the week ending
ThursdayLlast :
Gold Coin Calais ... GO Ozs.
21 91
19 Pf
Silver Coin Calais ... 400 „
ft ff

Money continues easy, and the demand is limited.

The Funds have been tolerably steady, although
the intimation of a 10,000,0001. loan caused a tem-
porary degree of flatness. When the subject, how-
ever, was carefully considered, it was thought
that, in the present situation of monetary affairs,
the withdrawal of that amount would not
Produce any groat inconvenience, the prices again
became firmer. Consols for money have been 951
to 96, anU for account 961 I and 96 to 96k. The
present prices are 951 96 and 96 to 96i resp€ ctively,
being flat. The Now 3 per Cents are 961 3, the
Reduced 96 to 961 ; Exchequer Bills 28s. to 325.
premium, and India Bonds 20s. premium ; Bank
Stock was 225 to 226, and India ditto 218 to 2211.

Foreign Stocks are rather active, and prices are
variable. Turkish 6 per Cents. aro 991 and ditto
4 per Cents. 1031 104 ; Brazilian 5 per Cents. have
declined to 103 ; Mexican 3 per Cents., 201 ;
Peruvian 3 per Cents. to 55 ; Buenos Ayres 6 per
Cents, have improved to 98i 100 ; Equador Now
Consolidated to 144 ; Granada New Active to 201 ;
Russian 5 per Cents. to 1111 112 ; Spanish 3 per
Cents. to 431 ; ditto Passive to 61 ; and Venezuela
4i per Cents. to 32& ; Sardinian 5 per Cents. are
steady at 90i ; and Dutch 2i per amts. at 651.
The following are the nominal prices of Foreign
Stocks:—Grenada Deferred Bonds, 201 21; Mexican,
—; Peruvian 41 per Cents., 79 81 ; ditto 3
per cents., ; Portuguese 3 per Cents., 441
; Russian 5 per Cents., 111 113 ; ditto 41 per
Cents., 99 101; Spanish 3 per Cents., 42i 43 ;
ditto Deferred, 26 26k.

A very moderate amount of busines has been
reported in the Railway Share Market this morn-
ing, and prices in the majority of instances have
shown a slight downward tendency. Brightens,
North-Westerns, and Midlands, receded ss. ; and
Rut era Counties and Lancashire and Yorkshire 10s. ;
• Oxford, Worcester and Wol verhamp ton improved 5s ;
North-Eastern (Berwick), 105.; and North-Eastern
(Leeds), 1/. The Foreign lines are very inactive.
Paris and Lyons declined about ss. ; and in the
Colonial lines there is little variation to report.
Grand Trunk of Canada have risen ss. to lOs ;
and East Indian declined 103. Great Indian
Peninsula and Great Western of Canada were at
Previous quotations.
Mining Shares are quiet. Par Consols realised
20 to 20t ; Great South Tolgus, 10 ; Wheal Ed-
ward, 8 ; and Wheal Kitty, 12.
Joint Stock Bank Shares are steady. Bank of
Australasia have improved 1/. ; South Australia,
10s. Union of London declined ss.
In the Miscellaneous Market, Electrio Telegraph
have advanced to 100. Peninsular and Oriental
Steam realised 80, and Royal Mail Steam, 641.

BRITISH FUNDS.—CLOSING PRICES--THIS DAY.
(From the Official List:)
Buslnca dote.
tituk Stock
3 per Cent. Reduced Annuities
3 per Cent. Console Anneitiep qsa 64 51 6
New por Cont. Annuities 064
Now 24 per Cent. Annuities
India Stock
Lima Hoods. xlitou
t)itto, under 11.000 2O p
o.,teols for Account
er Hills, 24d.
81000
tbdo 2B 32
Smell
• •

PRICES OF FOREIGN FUNDS—THIS DAY.
Bratman 5 per Cent.
Ditto 1852, 4{ per Cont.
Buenos A vree Bonds, 6 per Cent.
Equador Now Consolidated l4/
Grenada New Active, 24 per Cent.
Mexican 3 per Cent
bitto Account
Peruvian Bonds, 41 per Cent —
Ditto 3 per Cent . —
Ditto Account .. 55
Russian Bonds, 1.8211, t St., 5 per Cent.... 11.11 i 12
Sardinian Bowls, 5 por Cent. --
Ditto Account
BD nab .iehas, 3 por Cent.
Ditto Account 43 I
.._ Ditty Passive . 6/
Tirkitot konds, t; per cent..... —
Ditto Account lOO 99a 100
Diti.o Guarmiteed, 4 per Cent.
... Ditto, Account'
Y onezuota Bonds, 4i per Cent
Ditto Account .... , 32
Dividends on the above payable in London.
butch Exchange, 2a per Cettl., 12 Guilders 65/
TWO O'CLOCK.
C(msola, money
Consols for account

St.
St.
10
St.
St.

20
St.
St.

25
St.
10
10

50
25
100
25
60

18
100
100

100
all
I all
100

Tin Wrong or ENGLISH NAVVIES.-It is difficult to
form an adequate idea of the immerse quantity of
earth, rock, and clay, that has been picked, blasted,
shovelled, and wl..eeled into embankment by English
navvies during the last 30 years. Ou the Sauth-Westarn
Railway alone the earth removed amounted to 10 mil-
lions of cubic yards—a mass of material sufficient to
form a pyramid 1,000 feet high with a base of 150,000
Square yards. Mr. Robert Stephenson has estimated
the total amount on ail the railarays of England as at
least 550 millions of cubic yards ! And what does this
represent I "We are accustomed," he says, "to regard
St. Paul's as a test for height and space ; but by the
tide of the pyramid of earth these works would rear Sr.
Paul's would be but as amy to a giant. Imagine a
mountain half a mile in diameter at its base, and soaring
into the clouds one mile and a half in hi fight—that would
be the size of the mountain of earth which these earth-
would form ; while St. James's Park, from the
flo'l_,„oree Guards to Buckingham Palace, would scarcely
d space for its base." All this vast mass has been '
removed by English navvies—perhaps the hardest 100
Vorkers the world,—Quarterly Revisit', 100

100
100
WO
a►ll
a►ll

100
100
100
100

100
all
100
100

all
all
100
100

St. 100
50 3
St. 100
St. 100

St. 'lOO
St. 100
St. 100
26 , all
25!161
St. 103
St 100
St. 100
10 31.1

20 17,1
20 all
10 all
St. ilOO

163
100
100

all
all
100
100

2sfid
103

100
15
all
all
all

all
all
all
all