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

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocx.
A progressive improvement is still apparent in
the traffic returns ; but, although in most instances

the increase, as compared with the corresponding
period of last year, is satisfactory, it is clear
that the check given to commercial affairs by
the prevailing political incertitude has prevented
that extension of revenue which might otherwise
have been exhibited. The effect of the unsettled
position of French and Austrian relations has
been more important than might have been
imagined, the advices from all parts of
the country, and especially from the manu-
facturing districts, stating that confidence has
been disturbed by the bare possibility of hostilities.
In other respects the prospects of trade are
satisfactory, more particularly as the accounts
from distant markets, such as Australia,
India, and China, show that affairs are
slowly recovering from that extraordinary state
Of depression which succeeded the crisis of 1857.
Under the most encouraging circumstances it is
generally believed that some time must elapse before
confidence is fully restored ; and it is therefore
much to be regretted that any circumstance con-
nected with politics should intervene to retard the
reviving tendency of mercantile enterprise.
The Liverpool Cotton Market, yesterday, closed
firmly, and 12,000 bales were sold at very full
Prices. In the Railway Share Market only a
limited amount of business was transacted, and all
the leading lines exhibited a decline in value.
A moderate amount of business is reported in the
Money Market, preparations being in progress for
the bills due to-morrow, the 4th of the month. The
terms charged continue very moderate, first-class
bills being negotiated a fraction above 2 per cent.
Long-dated paper is also freely discounted, which
Shows confidence in the continuance of the existing
easiness.

In the Market for English Securities renewed
heaviness has been apparent, owing to the circula-
tion of some less favourable rumours with regard
to the progress of affairs abroad. It is evident
that the markets are kept in a very unsettled state
by the uncertainty attending the negotiations at
Vienna, and the operators seem ready to take
advantage of any intelligence that can bear
an unfavourable construction, to effect specu-
lative sales. These transactions have the effect
of depressing values, and at the same time
they promote an uneasy feeling, which creates a
gloom over all departments of the " House."
Consols have been 95 1, are now 951 4 for money
and account. Bank Stock is steady, at 2291. The
New Threes and the Reduced are firm, at 95.-4, 96,
and 96k. The 30 years' Annuities have receded to
18- Exchequer Bills are 355. to 38s. prem., and
the Bonds are marked 100. India Stock has
Unproved to 220 and 2221 ; and the Loan De-
bentures remain at 981 99.
In the Foreign. Stock Market business has been
rather quiet, and prices, in some instances, show
adecline. Turkish 6 per Cents. are 90/ to 901;
ditto, New Loan, 761 to 771 ; Brazilian 41 per
uents. have receded to 931 ; Peruvian 41 per
Lents, to 911 and 921 ex div. ; and Dutch 21 per
Cents. to 64. Sardinian Bonds are steady at 791 ;
and Venezuelan at 431, but the Deferred are rather
firmer at 17 and 171. The New Austrian Loan is
2 to 11 dis.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :

1859. 1858.
Great Western £26,184 23,932
Isr°rthh-Western ' 60,852 56,781
8
...Gut-Western . 13,002 11,331
'lslght,On
Midland
South-Eastern
Great Northern 21,910 21,165
Lancashire and Yorkshire
tristol and Exeter 5,340 4,992
North-Eastern....
Manchester
and Carlisle
glanchester, Sheffield, and Lincoln
"(ford, Worcester, and Wolverhampton 4,251 3,561
North Stafford
-West Hartlep001....
Dublin and Wicklow
Edinburgh and Glasgow 5,226 5,025
Glasgow and South-Western
Grand Trunk of Canada
Great Western of Canada 5,837 6,492
The above traffic returns continue to show a
steady and gradual improvement on most of the
principal lines. The advance on the Great 'Wes-
tern has been
On the North-Western
ft South-Western
tf Brighton
~ Midland . 2,142
~ South-Eastern

3, Great Northern 745
~ North-Eastern
~ Edinburgh and Glasgow 2Ol
~ Glasgow and South-Western lO7
~ Grand Trunk of Canada 256
The Groat Western of Canada has declined about
X 655.

There has been rather more buoyancy in the
Railway Share Market, owing to the steady im-
Provement• in the traffic returns of most of the
Principal lines, and the advance may be quoted at
.._about to per cent. Eastern Counties, Great
Northern, Lancashire and Yorkshire, North-West-
-1111, Manchester, Sheffield, and Lincoln, and North-
Eastern (Berwick), have advanced ss. ; and Great
Western, and Midland, los. ; North Eastern
(York), South-Western, and South-Eastern, how-
ever, have receded about ss.

The Foreign and Colonial lines are flat, but there
18 little alteration to note in values. Dutch-Rhenish
have declined 55., and Lombardo-Venetian are at
I)l'evious rates ; East Indian and Great Western of
Canada realised former values, but Grand Trunk of
Canada have declined ss. to 10s. ; Great Indian
re/Amnia are a shade firmer.

Joint-Stock Bank and Miscellaneous Shares are
at almost nominal rates. Peninsular and Oriental
Steam have receded 10s.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
Bank Stock
~3 Per Cent. Reduced Annuities 96k / 6 5k 6
i, per Cent. Consols Annuities
Nei' 3 per Cent. Annuities 96k 6 / 51
Long Annuities, expire sth Jan., 1860 —
I ndi
Ditto 30
tockYears, expire sth Apr., 1885 lB
a S
Ditto Debentures 99 8k
Ditto Bonds, £l,OOO
Ditto under £l,000
Consols for Account ~.. 951 /
March. June.
Exchequer Bills, £l,OOO, 2d. & lid.. 38 5 I
Ditto Small, ltd.
Exchequer Bonds, 1859, 3} per Cent .... 100
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian 5 per Cent.
Ditto 1858, 41 per Cent ........ 93i
Peruvian 41 per Cent 9l/
Ditto Account
Sardinian, 5 per Cent
Spanish 3 per Cent
Ditto New Deferred, 3 per Cent
Ditto Account
Turkish 6 per Cent.
Ditto Account
Ditto New Loan
77 .1 x d
Ditto Account
Venezuelan 5 per Cent.
Ditto Account
/
Ditto Deferred 2 per Cent
Dividends on the above payable in Lona 'OR.
Dutch Exchange, 12 Guil. 21 per Cent 6l
TWO O'CLOCK.
Consols, Money 951 I
Consols for Account

The Lord Chancellor and Lady Chelmsford
entertained at dinner yesterday, at their residence in Eaton -
square, Viscount Melville, Lord and Lady Colchester,
Lord and Lady Colville, Sir Charles and Lady Phipps,
Colonel the Hon. Alexander and Mrs. Gordon, Mr. and
14rs. Adderley, Mr. and Mrs. Higgins, Captain Ed-
Wardes, &c.

The Earl and Countess of Malmesbury enter-
tained his Excellency the Belgian Minister, his Excellency
the Sardinian Minister, the Marquis of Salisbury, the
Marchioness (Maria) of Ailesbury, the Earl of Dalkeith,
the Countess Stanhope, the Countess of Tankerville, Lord
andA Lady Elcho, Lady Augustus Loftus, Lord and Lady
Arthur Hay, Hon. Mr. and Mrs. Barrington, and Mr.
Lidewell, at dinner last evening, at their residence in
Whitehall-gardens.
Letters from Tangiers state that the Count do
n4-41i8 had passed some days at that place with the Belgian
'3118114 and had hunted wild boars in company with him
and the English csnsul. The prince was afterwards to
vigit Tetuan, where he was to embark for England.
}Telt is expected that questions will be asked by M.
itt
a d'Arnim of the Prussian Government, at an early
ing a the Prussian chamber, relative to the attitude
which the Government maintains in the present political
crisis.
What roll did our Crimean troops get for break-
mist P The roll of the drum.---Ketty's Railway Guide.