The Sun.
London, England, 1859-03-23 00:00:00

OEEY MA.RICET AND CITY NEWS•

CITY, Two o'CLocK.

The money market continues in a quiet state, but
a moderate demand for accommodation is still ex-
perienced, and greater activity is considered pro-
bable, owing to commercial requirements and
subscriptions towards various undertakings now
before the public. The East India Railway Com-
pany have announced a further issue of £1,000,000
shares ; and as payments in full will be received,
the effect upon the resources of the market will be
immediate. At a later period the £7,000,000 loan
required by the Indian Government will exercise
some influence, and if an impulse should be given
to enterprise iu other directions, increased firmness
in the rates charged for discount facilities may be
confidently predicted.
The Foreign Exchanges yesterday exhibited a
decline in the rates on Austria, Amsterdam, and
Hamburgh. _ _

At the Bank of England yesterday there were
no bullion operations of importance. The gold by
the Canada and the Morning Light has been taken
for the continent.

The bar silver brought by the last West India
packet has been sold at 62-lid. per oz., showing an
advance of Id. compared with the price realised for
the previous remittances.

The Tagus has been announced this morning
from the Peninsula with £1,720, and the Panther
from Boulogne with £BB,OOO. _

In the Liverpnol Cotton Market yesterday a fair
amount of business was transacted, and prices of
American advance& fully Id. per lb. ; other kinds
were without alteration. The sales amounted to
10,000 bales. The Railway Share Market closed
with less animation, and values presented•a down-
ward tendency.

Notice has been given by the Directors of the
East India Railway Company that it is their inten-
tion to is vae additional capital to the extent of
£1,000,000 sterling, in shares of £2O each, to be
distributed to the present shareholders in a rateable
proportion. These shares will bear a guarantee
rate of interest of 5 per cent. from the Indian Go-
vernment, and it is estimated that this sum, in
addition to that already raised, will be sufficient
for the completion of the main line to Delhi, and
the Jubbulpore extension. Letters will be issued
on the 26th inst. to the present shareholders, and
the first call of £5 per share will be payable on the
16th of April next. Payments, however, will be
received in full interest accruing from the date of
subscription.

At the half-yearly meeting of the Ottoman
Bank held to-day, Mr. Layard in the chair, a very
satisfactory report was presented, showing an
available balance of profit of £58,236 is. 4d., from
which the directors recommended a dividend at the
rate of 8 per cent. per annum, and a bonus of 12s.
per share. The business of the bank was gradually
expanding, and the financial position of the coun-
try much improving. The sum taken from the
profits on this occasion would increase the reserve
fund to £35,000. The report was adopted, and a
vote of thanks was passed to the directors.
At the special meeting of the East India Coal
Company, to-day, several alterations in the deed
Were agreed to unanimously.

The Stock Exchange market has not recovered
from the decline reported yesterday afternoon,
when the state of the foreign exchanges and other
causes led to a general depreciation. Sales were
pressed to a large extent, and eontinued heaviness
is exhibited to-day. Consols which at one time were
96.1 -7-4, are now 961 1 for money, and 961 for the
account. The Government broker has only pur-
chased £5,000 stock for the savings banks. There
is reason to believe that these operations are about
to be brought to a close. Exchequer Bills are
marked 355. to 38s preen., and the Bowls 100,
being a decline. India ditto are flat, at 14s. prem.
Business in the Foreign Stock Market is mode-
rately active ; prices, however, are rather depressed.
Turkish 6 per Cents. are 93 to 931 ; ditto New
Loan, 79 I to 803 ; Peruvian 41 per Cents, have
receded to 91 ; Brazilian 41 per Cents. (1852) to
941, and ditto (1858) to 9411; Mexican are steady
at 211 ; and Spanish Certificates at 51 ; Russian
5 per Cents, are firmer at 91 ; and Dutch 21 per
Cents. at 643. The New Austrian Loan is 1 dis.
to par.

In the Railway Share Market the dealings have
been of a rather limited character, and prices have
been depressed by the heavy tone in the Consol
Market, the decline, compared with yesterday,
being about to per cent. Eastern Counties,
Manchester, Sheffield, and Lincoln, and North-
Eastern (Berwick), declined os. ; East Lancashire,
Caledonian, Great Western, Lancashire and York-
shire; North-Western, Midland, and North-Eastern
(York), 10s. ; North British, ; and Vale of
Neath, £1 10s. Brightons have advanced about 10s.
In the Foreign market the transactions have
been confined to Lombardo•Venetian shares, which
have receded about ss.

The Colonial lines are flat. Grand Trunk of
Canada havo declined 10s. ; East Indian, £l.
The Debentures of the 41 per Cent. Loan are quoted
1 to 11 prem. ; and the New Shares, -4- to
_1 prem.

Joint-stock Bank and Miscellaneous Shares are
inactive, at former quotations.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
3 per Cent. Consols Annuities 96t a a
Ditto Bonds, £l,OOO
Consols for Account 96a

March. June.
Fxchequer Bills, £l,OOO, 2d. & 11d.. 35 8 I
Exchequer Bonds, 1859, 31 per Cent 100
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian 5 per Cent.
Ditto 1852, 41 per Cent 941
Ditto 1858, 41 per Cent. 944 1
Mexican 3 per Cent.
Ditto Account
Peruvian 41 per Cent
Ditto Account
Russian, 1822, £ St., 5 per Cent llll
Spanish Cora. Cert. of Coup. not funded sk
Turkish 6 per Cent
Ditto Account
Ditto New Loan
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent 64i
TWO O'CLOCK.

Consols, Money 9sk i
Consols for Account (April 7) .., , 951 i

COURSE OF EXCHANGE.--YESTERDAY.
Amsterdam
Ditto
Rotterdam . 11 161 11 17
Antwerp
Brussels • — 25 221 25 30
Hamburgh
Paris
Ditto
Marseilles — 25 30 25 35
Frankfort on Maine — lla 118
Vienna
_ _ _ _

Trieste

10 95

11 15

Petersburgh — _ 351 351
Madrid —49 i
Cadiz — 491 491
Leghorn — 29 80 29 90
Genoa — 25 45 25 55
Naples
Palermo — 120 t• 121
Messina — 1201- 1211
Lisbon
Oporto
Rio Janeiro
New York — • •
E.I. Co's bls. House bis. 60d.
Calcutta, Co.'s rupee 26 24
241
Bombay ditto
Madras ditto — 26 24
East India Company s Bills drawn, from the 26th ull.•

the 17th inst.
Bengal £2l6 13 4
Madras 0 0 0
Bombay;

£1,031 6 8

Foreign Gold in Bars (Standard) per oz. £3 17
Mexican Dollars ... •
Silver in Bars (Standard) ,, 0 5 21

TILE CONGRESS.—it has been proposed that the
Congress shall be held at Geneva, but that place has been
objected to, on account of the comparative difficulty of ao-
cess and the severity of the climate at this season. Aia,
la-Chapelle has also been proposed, and with more proba-
bility of its proving generally acceptable. It has abundant
accommodation, excellent hotels, and is accessible by rail-
way from every direction. London, Brussels, and the
Hague have also been mentioned, but we believe Aix will
ultimately be selected.

Her Majesty and his Royal Highness the Prince
Consort, accompanied by the youthful members of the royal
family, propose, according to the present arrangements, to
leave Osborne on Tuesday next for Buckingham Palace.
Dr. Hook was installed in the Deanery of
Chichester Cathedral on Saturday last, On gunday the very
Rev. Dean preached in the cathedral before an immense
ongregation.