The Sun.
London, England, 1859-08-24 00:00:00

140. N El' MARKET AND CITY NEWS,

CITY, Two O'CLOCK.

The inquiry for discount continues steady, and
although it has been slightly stimulated by the
subscriptions to the new loans, the rates remain
Without variation. It is probable that the payment
of the periodical calls will augment the demand
from time to time, and if trade should become
more active they may tend to increase the value
of accommodation. Judging, however, from the
gradual character of the extension of busi-
ness, and the avoidance of speculative enter-
prise, it is questioned whether the quota-
tions will attain a high point for some
time to come, although an upward movement
may occur before many weeks have elapsed. The
possibility of a change attracts very little attention,
because the market is still comparatively quiet,
and the bullion in the Bank is well maintained.

In the foreign exchanges, yesterday afternoon,
a slight decline was apparent in the rate on Ham-
burg.

About £9,000 was withdrawn from the Bank of
England yesterday.

The tenders for the new Indian Loan, made at
and above 97, the minimum fixed by the authorities,
amounted to £5,824,750, and it appeF rs that the
biddings ranged from 95 to 100. According to the
terms of the prospectus the successful applicants
will have to make a payment next Tuesday that
will leave 75 per cent. to be subscribed. The new
security has already been dealt in to a large extent,
at a moderate premium.

Accounts from Liverpool report that the Cotton
Market yesterday closed quietly, and only 4,000
bales were sold at about former rates. In the Rail-
way Share Market a moderate business was trans-
acted, and prices were unaltered.
The half-yearly meeting of the North Devon
Railway and Dock Company took place to-day.
The net revenue of the half-year was £2,602 13s.
6d., out of which the dividend on the preference
stock was paid, and 18s. 9d. per cent. divided on
the ordinary stock of the company.
At the half-yearly meeting of the Southampton
Dock Company to-day, a dividend of £2 for the
half year was declared. The net revenue of the
half year was £7,990 ls. 7d., which after the above
dividend would leave £783 ls. 7d. to be carried
forward. The inner dock was opened on the 26th
of May last, and cost £60,000. The report was
adopted.

The market for public securities has presented a
quiet appearance to-day, owing to the dulness of
speculation, but a few sales of money stock have
created a little heaviness, Consols having receded to
95,1- 1 for money and account. The Govern-
ment broker has purchased £15,000 Re-
duced for the Savings Banks, but the
bona fide transactions are very limited.
The New Threes are steady, at 961 ; the Reduced
have declined to 95i 961; and Exchequer Bills to
20s. and 235. prem. India Stock is heavy, at 2161 ;
but the Loan Debentures (1859) are firm at 95 ;
and Long Annuities are 18. The New Indian Loan
is quoted 97-'1 to 98k, or I to 11 prem.
Business in the Foreign Stock Market has been
very inactive, and prices rather heavy. Turkish
6 per Cents. are 83 to 84 ; ditto New, 731 741 ;
Dutch 2k per Cents. have declined to 641 ; Peru•
vian 41 per Cents. to 931 ; Brazilian 41 per Cents.
(1858) to 94; Buenos Ayres 6 per Cents. are firm,
at 73i ; and Spanish Deferred are steady, at 3311.
The New Russian Loan is about par to 1 prem.

The Railway Share Market this morning has
been firm, prices in some instances showing an im-
provement of 4 tog per cent. North-Western,
South-Western, North British, and North-Eastern
(Berwick), advanced ss. ; and Eastern Counties
and South-Eastern, 10s.

The Foreign and Colonial undertakings have
been very quiet. Lombardo-Venetian Old Shares
realised 14 2, and the New 10k a ; Paris and
Lyons, 34 4 ; East Indian have declined about ss. ;
and Great Indian Peninsula improved ss. ; Grand
Trunk of Canada, Great Western of Canada, and
Ceylon Guaranteed were at former quotations.

Joint Stock Bank and Miscellaneous Shares have
shown a slight improvement in several instances.

ER,ITIS/T FUNDS THIS DAY AT ONE O'CLOCK.
Bank Stock
3 per Cent. Reduced Annuities 964 6 i 5k
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
Long Annuities, expire sth Jan., 1860 —
Ditto for 30 Years, expire sth April, 1885 18
I ndia Stock
Ditto Debentures, 1858 —
Ditto, 1859
Ditto Bonds, £l,OOO
( onsols for Account (Sept. 7)
ti xchequer Bills, £l,OOO, lid..
Ditto Small, lid.
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian 5 per Cent.
Ditto 1843, 5 per Cent.
Ditto 41 per Cent. 1858 .. 94
Buenos Ayres, 6 per Cent.
Ditto Account
Mexican 3 per Cent.
Ditto Account
Peruvian 41 per Cent —
Ditto Account
Spanish 3 per Cent.
Ditto New Deferred, 3 per Cent. —
Ditto Account .. 331 1
Dividends on the above payable in London.
Belgian, 21 per Cent., Ex. 25f, 641
TWO O'CLOCK.
Consols, Money 951 1
Ditto Account