The Sun.
London, England, 1858-01-07 00:00:00

MONEY IWARKET

°DIM:EEC YAL INTELLIGEN E.

CITY, Two o'CLocK.

A. marked improvement seems to have taken
place in the position of monetary affairs upon the
Continent. At Paris the minimum rate of dis-
count, from 8,9, and 10 per cent. has re-
ceded to 5 per cent., and a further reduc-
tion is expected. Indeed, it would not create
surprise if the terms were adjusted at 4 per cent.
to-day, so satisfactory are the advices received in
reference to the movements at the Bank. The
dulness of trade, precisely as in this country, has
led to a diminution of pressure, and specie
is also accumulating, without the assistance
of gold purchased abroad. In Holland,
Prussia, and Belgium the rates of discount
have declined and the effects of the late
crisis are rapidly disappearing throughout the north
of Europe. In Stockholm, a guarantee association
has been formed by merchants and others for the
purpose of supporting credit, and great benefits are
likely to be derived from its operations. Moreover, a
loan of from 600,0001. to 700,0001. will be raised
by the Swedish Government with the view of
affording relief to those who have lately suffered
from the adverse current of events. The Norwe-
gian Loan of 220,0001. contracted by Messrs.
Baring will also exert a beneficial influence.
At Hamburg the discount quotation is 6i
per cent., and in Belgium it is 4i. per cent.
In all directions, therefore, money is getting
cheap, and after the late severe stringency the op-
posite extreme will probably be experienced, when
arage for speculation will be created, and a multitude
of questionable undertakings may be expected to
be brought forward for public patronage.
The gold sent into the Bank yesterday amounted
to 125,0001., making the total influx since the date
of the last published weekly return upwards of
1,100,0001.

Accounts from Liverpool state that the Cotton
Market yesterday closed firmly, and prices slightly
improved. The sales amounted to 8,000 bales,
1,500 of which were taken by the speculators. The
Railway Share Market manifested a steady ap-
pearance, with an upward tendency in quotations.
At the meeting of the Netherlands Land Enclo-
sure Company to-day a resolution was proposed
for raising 160,0001. by the issue of 16 000 obliga-
tions at 7 per cent., repayable in seven years,
by
instalments of 21. 10s. each. Some discussion took
place, but the resolution was carried. It was
stated that 42,5001. of the amount had been already
taken up.
A meeting of the creditors of Messrs. Wienholt,
Wehner, and Co., took place at the London Tavern
to-day, when a statement was exhibited, which
showed the total liabilities to be 93,514/. is. Bd.,
and the estimated assets 83,097 . 3s. Some dis-
cussion took place, in which the firm were compli-
mented for the straightforwardness of their conduct
towards their creditors. It was agreed that the
(affairs should be wound up under inspection.
At a meeting of the creditors of Messrs. C. A.
Jonas and Co., held this morning, it was stated
that their suspension was attributable to losses
sustained by the late crisis, and about 10s. in the
IL will probably be realised. The statement pre-
pared by Messrs. Quilter and Ball, gives the lia-
bilities at 32,1451. 4s. Bd., and the assets at
15,729/. lls. Bd.

REDUCTION OF THE BANK RATE OF' -
St.
DISCOUNT. st.
The directors of the Bank of England, after St.
a short discussion, have reduced the minimum
rate of discount from Bto 6 per cent. This measure gt
was fully anticipated. The terms in Lombard- Di
street being 6to 6i per cent. for some days past, St.
comparatively few applications have been made at 20
the national establishment, end the consequence 20
must have been a material improvement in the m 25
Securities and the Reserve of notes, while a con- 25
siderable increase in the Bullion is known to Lave 25
taken place. St
The Funds advanced soon after the commence- st
meat of business about ± per cent., owing to the 2p,
demand for stock, and the statement that the Bank 2(
will replace the securities parted with during the Si
crisis. Increased firmness was also produced 5
by the expectation that the Bank rate of dis- 2'
1
count would be reduced. Afterwards, however, a
reaction occurred, and for the moment the market
appeared heavy, but since the alteration of the
minimum a partial recovery has taken place. Con-
sols
for money have been 94a 95, and 94i R ; for
to-morrow they reached from 95 95i to 941 '4.
They are now 94i 95, and for February 95k, the -
"contango" having decreased. The New Three
per Cents. are 95t and the Reduced Annuities
94 95i. Bank Stock is quoted 218. Exchequer Is
Bills Bs. to u s, premium.
In the Foreign Stock Market a moderate busi-
ness has been transacted, and, in most instances.

at enhanced rates. Turkish 6 100 per Cents. are 99 to wo
993/4, and the 4 per Cents. Guaranteed 1034 4 ;
Mexican 20g. ; Peruvian 43/4 per Cents. 79i ; 100
Russian 5 per Cents. are 1081 to 1091 ; ditto 4i
per Cents. 991 3/4 ; Sardinian 5 per Cents. 87 to
871 ; Chilian 6 per Cents. 103, and Dutch 2i per 20
Cents. 64i to 654. 17
The following are the nominal prices of Foreign 20
Stocks :--Grenada Deferred Bonds, 516 ; Peruvian Et,
43/4 per Cents., 79 81 ; Ditto 3 per Cents., 433/4 443/4 ; 20
Russian 5 per Cents., 108 110 ; Ditto, per 100
Cents., 98 100 ; Spanish 3 per Cents., 41 42 ; 20
Ditto New Deferred, 26 261 ; Ditto Certificates,
5 6 ; Ditto Passive, 5 6. St.
The transactions in the Railway Share Market 122
have been of a moderate character, and a slight im 20
-
provement may be noted in some of the principal 20i
undertakings. The unfavourable traffic returns, 20;
however, in one or two instances, have caused a 100
downward tendency. Chester and Holyhead, 100
Eastern Counties, and Lanca,hire and York- 100
shire advanced ss. ; North-Western, Manchester,
Sheffield and Lincoln, and South Wales, 10s. ; 20
Edinburgh, Perth, and Dundee, 15s. ; South- 20
Western, 1/. ; and Caledonian, 2/. South-Eastern
declined ss. ; North-Eastern (Berwick), 10s. ; and 20
Brighton 1/. The Foreign and Colonial lines were
in moderate demand. Paris and Lyons and Northern
of France realised about former quotations; and
Grand Trunk of Canada, Great Western of Canada
and East Indian improved about 10s.
Mines, Banks, and Miscellaneous Shares have not
been very active, and there is little change to report
in value. Union of Australia advanced about 10%,
and Van Diemens' Land 1/.

BR VIISH FUNDS.—CLOSING PRICES —TIIIS DAY.
(From the Official Lists)

_
Businecadone.
Balk Stock
8 per Cent. hoduced Annuities
3 per Cent. Consols Annuitlee 94i 5 4/
Now 3 per Cent. Annuities 9sh 5 $ i 5
New 2i per Cent. Annuities
On sots for Account
Ex t,sein,r +lila, 2 td.
moo
'silo
Snell

PRICES OF FOREIGN FUNDS—THIS DAY.
Chilian Bonds, 6 per Cent lO3
Ditto 3 per Cent
Idotican :3 per Cent -
Ditto Account .....................
Peruvian Bonds, 4i per Cont..
Ditto Account ...
Ditto 3 per Cent —
Ditto Account
Russian Bonds, Ig2-2, E St., 5 per Cent 108?), 9i.
Ditto, 44 per Cent. 991 6 9
Bat dinian Bonds, 5 per Gent.
$p nibil Belida, ',l per Cent.
ri,ttc Hew Deferred, 3 per Cent,
Ditto Account 261
Tarkiali bonds, 6 pur cent
Ditto Account 9Bl oa
.101tto Guaranteed, 4 por Cent.
Ditto Account
Dividends on the above payable In London.
Dutch Exchange, 2i per Cen:,., 12 Guilders 651 4i
Do. 4 per Cent. Certificates
Peruvian Dollar Bonds, 44 por;Cent. SSA 6
Console account, Jan. 8 1 tittEli; CY CLOCK.
941 i x d

79 .3;

THE SUPPOSED Mu",
Mr. T. ra.ot N NORFOLK.—Yesterday
mornin,
trict ofg the county Ne4o,proner for the Lynn diF•
resumed at Middleton,
near King's Lynn, the inquiryienato the mysteriouß cir-
cumstances attending the diaahave been
of the old man
Bell, who is supposed to
13th Nov., 1849. A 0-eat deal of eevnidme
n murdered on the
indi-
rect and incidental nature was adduced, andua the()f an
stated that he had received information which hecoroner
could
not disclose at present, but which wa,- of a highly impor-
tant character. The circumstances under which the sloe
leton was found led to the conclusion that the body bad
not been interred in the crdinary way, altbouoli there 11
was no direct proof that the bones were those of Mr.
Bell. Still noother person but Mr. Bell had been miss( d
in the village, and there was every reason to suppose
that he had been foully murdered. In consequnce of the
information which he had received, he hal written to
the detective officer who came down when the first Ptir
Was made in the matter ; and he thought a strong link
had been obtained in the chain of evidence which fix-d
. the guilt of murder upon a person whom he should not
name at present. The inquiry was again adjourned till
to-morrow (Friday), a communication which the coroner
stated induced him to adopt that course being handed to
• the foreman of the jury.