The Sun.
London, England, 1859-03-05 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLoCK.

The Bank of England's weekly return, com.
pleted to the 2d March, shows some rather impor-
tant changes. The other securities, owing to the
preparations made for the commercial payments on
the 4th of the month, usually heavy at this period
of the year, show an augmentation of over
half a million, and the reserve of notes
has been trenched upon to the extent of
about a quarter of a million sterling. The
Public deposits have been augmented by nearly
half a million, but the private balances show a
large diminution. The bullion, in consequence of
the non arrival of remittances from Australia and
the demand for silver from the Continent, has
undergone a small decrease, and the " rest" has been
raised to an amount that would allow of a dividend
at the rate of 4 per cent., which would leave it at
3,065,469. In the other items of the balance-
Sheet there is little that requires special report, and
the particulars will be found in the subjoined
table

Active Circulation 120,609,2455.
Increase 270,770
19,884,92

Decrease • • 67,916
Rest 3,647,589
Increase .. 345,365
Public Deposits 8,316,065
Increase .. .. 595,281
Other Deposits .. 1.3,955,063
Decrease .. 662,109
Seven Day and other Bills .. 758,787
Increase .. • • 8,999
Government Securities .. 10,696,147
No alteration.
Other Securities .. • • • • 16,782,980
Increase .. • • ' 526'222
Notes Unemployed .. 1.2,964,235
Decrease .. • • • • 242'595
The liquidation of the commercial bills due
Yesterday, the 4th of the month, was effected with
Promptitude, thus indicating the continued healthi-
ness of trade. The amount having to be provided
for appears to have been rather considerable, but
the facilities for the obtainment of discount accom-
modation enabled all parties to complete their
engagements on easy terms. The Bank return
shows, hoWever, that the preparations made have
absorbed a large supply of capital, and hence the
increased firmness lately noticed in the rates of
discount.

The Foreign Exchanges yesterday afternoon
exhibited a further slight advance in the rates on
Vienna and Trieste; on Holland, Frankfort, and
liamburg, however, there was a decline.
At the Bank of England yesterday there were no
bullion operations of public interest.
In the Liverpool Cotton Market yesterday a fair
demand prevailed for most descriptions, and about
12,000 bales were sold at full quotations. The Rail-
,way Share Market closed quietly, and prices exhi-
bited a slight downward tendency.
Since Monday last the imports of specie have
been about £489,937, and the exports £140,392, ex-
e_,legive of the following shipments direct from Lon-
u,,°ll to the Continent during the week ending
114 hu rs day last :—Gold coin (Belgium), 2,000 ounces;
„°lllegne,;6o ounces; bars (Hambro ),11,127 ounces.
11ver coin (Boulogne), 2,800 ounces ; Rotterdam,
113
:2°o ounces ; Mogadore, 1,965 ounces ; Hambro',
880 ounces.
The market for English Securities has been very
buoyant to•day, but the full advance has not been
Maintained. Several large purchases have been
effected, and a much firmer tone is apparent. Con-
-4°lB have been 951, but the latest price is 951,
‘` gellers." The New 3 per Cents, have been dealt
11 at 961 Z, and the Reduced at 961 and 96Z 1.
fonds
Bills are 355. to 38s. prem., and the
'allds are firm, at 1001. India Loan Debentures
are steady, at 981 99. Bank Stock is 228 and 230.
In the Foreign Stock Market the transactions
'44 been of a very limited character, and prices
.141'e firm. Turkish 6 per Cents. are 911 to 92 ;
I.'i_ttte, New Loan, 771 to 78 ; and the 4 per Cents.
'we improved to 1031. Brazilian 41 per Cents.
eznained at 94, and Mexican Stock has been heavy
at 191. The New Austrian Loan is 21 to 11 dis.
The Railway Share Market has been exceedingly
I.:lloYant a fair amount of business having been
one in most of the principal lines at an advance of
Iti
to Iper cent. on yesterday's closing rates.
Caledonian, Great Northern, North-Western, and
North Eastern (Berwick), advanced ss. ; Lincoln-
shire and 'Yorkshire, Brighton, Midland and South-
Eastern, 10s. ; and Eastern Counties and Great
Western, 15s.

The Foreign and Colonial undertakings have
been rather inactive, but prices show an upward
tendency. Lombardo-Venetian Old Shares advanced
t° 81 81,, and the New Shares to 8 and 8-1- ; Grand
Trunk of Canada improved to 291 30, Great
4.Western of Canada to 151, East Indian to 1041
tOo ; and Great Indian Peninsula remained strong
at Previous rates.
Joint-Stock Banks and Miscellaneous Shares
Were dealt in to a limited extent, but there was
little
variation to report in prices. London and
(Allay improved 55., and Red Sea Telegraph ss.

t I3ItITISH FUNDS—CLOSING PRICES.
a tolk Stock
a Per Cent. Reduced Annuities 961
I Per Cent. Consols Annuities
4:4-3 per Cent. Annuities 96 I a
il,:l'F Annylties, expire sth Jan., 1860 1 3-16
tr. 4„ Stock
00zs"0 Debentures 99 8i
ols for Account 9si I:

Ex March. June.
i
b Etch Bills, £l,OOO, 2d. & lid 35 8 I
bltto Small, lid. 38
t:tto Advertised
'chequer Bonds, 1859, 31 per Cent..... 1001
gr. FOREIGN FUNDS—CLOSING PRICES.
4zilian 5 per Cent.
keDitto 1858, 0 per Cent. 94
Txi,.cali 3 per Cent
~10teh 6 per Cent
Ditto New Loan
Ditto Account
Ditto, Guaranteed, 4 per Cent. —
Account

Dividends on the above payable in London.
Consols, Money 9
} Sellers.
Consols for Account

THIS DAY'S SHIPPING.

Pl, LONDow, March s.—Wind this day at noon, W.;
Pt breeze, and fine clear mild weather.
OEtTSMOUTII, March 4.—Wind W.—Arrived—Hot-
-4lkr, from London for Melbourne.'
PLYMOUTH, March 4.—Wind N.W.—Sailed—John
‘,44(1 Mary, from Bermuda. Off port—Mary Ann, from
115 V Zealand for Portsmouth.
CARDIFF, March 4.—Wind W.N.W.—Sailed—Anna,
for St. Thomas.
FLEETWOOD, March 4.—Arrived—Cleopatra, from Sa-
Vannah.

SUNDERLAND, March 4.—Wind W.—Arrived—Mal-
Vern, from Moulmein ; Edmonton Brothers, from Savau-
hall. Sailed—Margaret Dundas, for Point de Galle.
HOLYHEAD, March 4.—Wind S.W.—Sailed—Vicuna
tad Ranagua, for Valparaiso.

(BY ELECTRIC TELEGRAPH.)
SOUTHAMPTON, Saturday Morning.
Wind W.
Arrived—Ondine, stoamer, from Dublin ; Tamar, steamer,
flaw, Brazils ; L'Etoile, from Carentan ; Wonder, steamer,
ratil Jersey ; Havre, steamer, from Havre.
Sailed—Borussia, steamer, for New York ; Ripon,
!earner, for Alexandria ; Alliance, for Havre ; Courier,
Reamer, for Jersey; Harmony, for Alexandria.
LIVERPOOL, Saturday Morning.
rind W.N.W.
u---rrived, March 4—N. S. de Las Victozias, from Carde-
Ar.; March s—Berlin, from Savannah; Sage, from St.
; Frankfort (s.s.), from Lisbon ; Jean Baptiste, from
Paes* Arthur, from Lucon ; Cossack, from Leghorn ;
ailed—Scott
Nice ; Bogata (s.s.), from Valparaiso.
ish Chief, for Melbourne.

MINES.—The settling in the Mining Share
bot ark
et, on Monday, was one of the heaviest on record,
lye ,Passed off remarkably well ; and during the whole
ex the excitement noticed in our last has continued
witrnllt intermission, and an enormous amount of business
Ileaeted. The success of East Russell so far has had
Ra simportant results than that of East Basset ; the ex-
temst,nt consequent upon it has been the topic of conver.
ore' and remark in all circles, and those who have dis-
h, eyed in legitimate mining, or confounded it with reek-
(.-88 sPeculation, perceive that certain indications in lodes
be relied upon, and that larger profits are made in.
14:.,N' than in any other class of investment. The con-
jarenee of all this just now is that progressive and specu-
g 'Are mines having fair prospects of success are eagerly
:light after, and purchased at considerably ad-
r 04„e;ed ,Prices. There will be great caution, however,
'-`reci• All sorts of new schemes will be promoted and
-olifed off upon the strength of the East Russell lode, and
bleilif:oreadets will do well to obtain the best practical advice
ti • I°
a embarking in any of them.—Ninto Journal of
cl.
the letterfrom St. Petersburg, of the 24th ult., in
Arord of Brussels, says-4i An Englishman Col. Sleigh,
18 a
bio-pressnt here, and pronoses to undertake ihe construe-
fro" of railway for India, without receiving any guarantee
in ' he State. This project excites considerable interest
the,commercial circles here. The River Amour Com-
etsrtsat3b: has had an estimate drawn out of the expense of
of
palishinc, an electric telegraph which will cross the whole
4tqflibltussia and Siberia, and end at the Pacific. The
outlay will be two millions of roubles (4f, each)."