The Sun.
London, England, 1858-11-27 00:00:00

MONEY MA RIC ET AND CET Y NEWS.

CITY, Two o'CLocK.

The return from the Bank of England for the
week ending the 24th inst. shows some rather
important variations, in most instances of a
favourable character as regards the resources: of the
establishment.

The bullion, notwithstanding the demand for
the Continent, and the shipments to the East,
xhibits a slight augmentation. In the re-
served notes there is a large increase,
'Viz., about half a million, and the other
securities, although the Bank minimum still
continues at 3 per cent. show an increasri of
half a million sterling. The public deposits, i;on-
Sequent upon the active collection of the revenue,
have been augmented by about three quarter of a
million, and the private deposits are also larger.
The active circulation has been diminished to the
extent of over a quarter of a million. In Vie other
items of the balance-sheet there is little u:lteration
of importance ; they will be seen in the subjoined
table

Active Circulation .. 'Z20,358,450
Decrease .. .. • . 374,60.5
Bullion 18,780,330
Increase .. , 141,414
Rest .. .... 3,153,368
Increase .. • • • • 8,482
Public Deposits 7 671 799
Increase .. • • • • 849,826
Other Deposits 12 820 861
Increase .. • • 259,303
Seven Day and other Bills 830,217
Increase .. • . • • • • 11,149
Government Securities 10,808,591
Decrease .. .. • . • . 876
Other Securities 15,323,774
Increase .. .. • . 612,741
Notes Unemployed .. • • • • 12,251,030
Increase .. GO GO GO 484,715
These figures denote the continued easiness of
the Money Market, for although there is an
increase in the stock of other securities arising
from revenue and other payments, the bullion is
larger, and the circulation has been contracted.
There is very little business in the general market,
notwithstanding the approach of the 4th of
the month, and the calls in course of pay-
ment on account of railways, ' loans, &c. So
quiet is the demand for accommodation at the
Stock Exchange, that loans are offered at terms as
low as 11 per cent. for short periods and on
Government Securities. The monthly liquidation
in Foreign Stocks and Railway Shares may stimu-
late the in quiry, but the effect, if any, will be
merely temporary.
The Colatinental exchanges, yesterday afterpoon,
were steady, and although there was no movement
of importance, the tendency appears favourable.
The Liverpool cotton market yesterday closed
quietly, and 6,000 bales were sold at about previous
rates. In railway shares a small amount of busi-
ness was transacted, and prices tended downwards.
The Alhambra, from Gibraltar, has brought £644
SPeele. •

Among the arrivals announced to-day is the
from Sydney, but she is not presumed
Lo bring any specie.
The marl et for English Securities appeared
rather heavy at the commencement of business, but
more firmnoss is now apparent, owing to the
favourable Bank return, and an impression that an
improvement will take place in the French Funds.
The speculative operations, however, are very dull,
and as fe w permanent investments are made.
the market is very inactive. Consols are 984- 4 for
money and account. Bank Stock is 2241 ; the New
Three per Cents. are 969 -1; and the Reduced
Annuities 3,96 a 4. The March Exchequer Bills,
375. to 40s. prem. ; June, ditto, 365. to 375. prem.
The Bonds arc 1001,. India Loan Debentures are
'narked f+94 for the 2d issue, and the Bonds are
10s. to Ms. prem.
Since Monday last the imports of specie have
been about £351,482 and the exports £227,795
exclusive of the following shipments direct from
London to the Continent during the week ending
Thursda:r last :
Gold Coin. Boulogne

~ Bars
Silver Coin.

200 „
1800 „'

Rotterdam 24,000 „
businua in the Foreign Stock Market is re-
. Btrieted,, awl prices are rather lower. Turkish
Por amts. are 92 1; ditto Scrip, Ist issue,
'to par. ; ditto, 2d issue, a- prem., being firmer.
4tilssian 41 per Cents. Cents. are 103 ; Brazilian 41 per
r,ell-ts, 971 ; Mexican, 20 ; Peruvian 41 per
"nits 931 ; and ditto 3 per Cents., 741. The New
ehilian Loan remains firm at 1 4 prem.
h In the Railway Share Market the transactions
r, aye .been limited, and confined to operations in
connection with the arrangements for the settle-
rent
of the account now in progress. Prices are
,-,111, and, in most instances, at a slight advance.
Great Western, South Western, and Midland
Improved Zs. Caledonian, North Western, and
South Wales, 10s. ; and Brighton, 15s. ; Eastern
'onnties, Great Northern, and North Eastern (Ber-
k), declined Os. The Foreirm. and Colonial lines
ve been very quiet, and little variation has taken
13acein prices. East Indian have declined about
.4"8. Grand Trunk and Great Western of Canada,
and Great Indian Peninsula realised former rates.
Joint Stock Bank Shares are dull but steady.
,J'alglish, Scottish, and Australian Chartered have
1,,t0-proved Os., and Ottoman Bank and Bank of
Egypt realised yesterday's values.
In the Miscellaneous Market Atlantic Telegraph
have declined .£5, and Peninsular and Oriental
Steam improved 10s. to 15s.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
India Stock
Ditto Debentures
Ditto 2d Issue
Ditto Bonds, £l,OOO
Ditto under £l,000
‘;ousels for Account - - •

V March- June.
liftl,llo42;zr Bills, £l,OOO, 2d. &W 40 I 3766
Irtto 1:), 37 I 3
Each solall,
lid 37 1 36
ellequer Bonds, 1859, 31 per Cent .... 100 j
lq FOREIGN FUNDS--CLOSING PRICES.
-..rfilian 5 per Cent.
Arlij 'to 1858; 4} per Cent.'
Peruvian
2 per Cent 2O/
vi;iviall 4f per Cent 931
nu-uit!c, 3 per Cent. 741
Ditto 1822, £ St., 5 per Cent —
Tut I'lll 41 per Cent.
6 Per Cent. 92
Loa Scrip
Ditto New
f 1 d
Dividends on the above payable in London.

TWO O'CLOCK.

Consols, Money -
_
98
Ditto Account 9Bl

MEETING OF SHIPOWNERS AT

PLYMOUTH.

, Yesterday a numerous and influential meeting of
shipowners was held at the Corn-exchange, Ply-
Inouth, the object of which, as stated in a nume-
,t°,,usly-signed requisition, was to promote a redress
(h. grievances which at present attach to the mer-
cantile marine. Mr. Thomas Restarick was in the
Chair, and at his request a letter was read from the
General Shipowners' Society, London, • intimating
that the society had convened a general meeting of
shipowners and all interested in British shipping,
(111 the 15th Dec., at the London Tavern, to take
to
in •
Consideration the present ruinous condition of
the shipping interest.
Mr. T. STEVENS, who proposed the first resolu-
in; alluded to various facts tending to prove that
the shipping interest was one of great national
13+ °dance. The shipowners did not object to free
`rade, but he contended that it ought to be reci-
l'neated by foreign countries, which was not the
ca
se• He did not wish it to be.said the shipowners
wanted protection and nothing else; they wanted
free trade, but fair trade. He then read the reso-
at,ien, as follows :
,_-` That this meeting, considering the present distressed
ve'lLate of British shipping arises in a great measure from. the
Be:t of reciprocity by foreign States, and that fopugntves-
he
IL, are placed in British ports in much better posititon
thtan
ti e British vessels in foreign porta, it is resolved ha
1.1711ti,e has arrived when the 324th clause of the and
of Victoria, cap. 107, commonly called the reciprocity
1;• 113°, should be put in force, and that the Government
eltrged to take such measures as will most speedily ob-
'4mieh aresult."
s_ Captain ANDREWS,
b who seconded the resolution,
aid that they wanted free trade and fair competi-
tion wan
the , ut what they most desired was reciprocity on
Eart of other nations, who took advantage of
• trnnberality towards them.
resolution was unanimously agreed to.
It Was also resolved that a deputation should be
appointed, to be present at the meeting in London
"n the 15th Dec.
nlsn4, ule other resolutions in conformity with the
-en, .
ced` of the meeting having been passed the pro-
t!ln
aan.gs terminated With a vote of thanks to the
• 4rr