The Sun.
London, England, 1859-05-28 00:00:00

MOIV EY MARKET AND C

ITY NEWS'.

CITY, Two O'CLOCK.
The Bank of England return completed to the
25th inst. shows some rather favourable features.
The bullion, owing to the recent arrivals and the
diminution in the shipments to the East, has been
slightly augmented. The reserve of notes exhibits
an addition of more than a quarter of a million.
In the public deposits there has been a large in-
crease, but the private deposits, as well as the
active circulation, shows a falling off. The other
securities consequent upon the easy state of the
Money market and the less active demand for dis-
count accommodation, have been reduced to the
extent of about a quarter of a million sterling. In
the other items there is little change of importance
to notice, and they will be seen in the subjoined
table

Active Circulation .. 221,222,175
Decrease .. 167,120
Bullion 17,407,969
Increase 212,001
Rest 3,219,964
Increase .. " 3,583
Public Deposits 5 684 168
.••• • • 9
Increase .. • • ' 401,855
Other Deposits 17,017,706
Decrease 273,234
Seven Day and other Bills 765,906
Decrease 12,641
Government Securities• .. 11,281,376
No alteration.
Other Securities .. 19,298,574
xr Decrease 259,558 .
•,etes
•Unemployed .. 9,958,660
Increase •327,570
The alterations rather strengthen the expecta-
tion that a decline of at least 1 per cent. will
shortly be announced in the Bank rate, but the de-
mand for accommodation on commercial account,
and for the settlements at the Stock Exchange,
nlaY cause rather more activity in discount circles
during the next fortnight.
The Foreign Exchanges yesterday afternoon_ ex-
hibited.p a slight decline in the rates on Vienna and
Trieste, but on Hamburg a slight advance was
apparent
There were no bullion operations at the Bank of
England yesterday.
The liverpool Cotton Market yesterday closed
With more animation, and 10,000 bales were sold
at previous quotations. On the Stock Exchange a
fail' amount of business was transacted, and prices
continued to improve.
Since Monday last the imports of specie have
'eel'. about £773,156, and,, the exports £201,750,
exclusive of the following shipments, direct from
London to the Continent, during the week ending
Thursday last :—Gold coin (Hambro'), 12,795
ounces; Boulogne, 1,190 ounces ; Rotterdam, 10,000
ounces ; bars (Bremen), 5,000 ounces ; Cadiz,
3,100 ounces; Boulogne, 600 ounces. Silver coin,
(Beulogne), 4,400 ounces; Hambro', 10,000 ounces;
bars (Hambro'), 208,000 ozs. ; Belgium, 34,000. ozs.
There has been very little animation in the
market for public securities to-day. Speculation is
and the investments as usual on Saturday
4ave,been limited, but the Funds have been steady.
Censels are 921 for money, and 921 for the ac-
count, being fractionally higher than on the pre-
'glens afternoon. The public are still buying
Prior to s the closing of the transfer books.
The New Threes and the Reduced Annuities are
steady, at 91;1; India' Loan Debentures have im-
proved to 94, and ditto Bonds Bs. to ss. discount.
Exchequer Bills are firm, at 21s. to 225. prem.
The New India Loan Scrip continues firm at 2 to
11 discount, being 931.
In Foreign Securities the transactions have been
restricted, and prices are not quite so firm,
Turkish 6 per Cents, being 64 to 66 ; ditto New,
64 to 56 ; the 4 per Cents. have receded to 101 i
Venezuelan 5 per Cents. to 37/ ; Peruvian 3 per
Cents. are steady at 631; Mexican has improved to
16i ; and" Russian 5 per Cents. to 102.
111 the Railway Share Market a further slight
improvement has taken place, several of the prin-
cipal lines showing an advance of about I, to per
e
Lancashiie and Yorkshire, North Western,
°lltn Nestern, and North Eastern York have im-
hproved ss. ; Great Western and North Eastern
rr wri-eIE) 10s., and Midland, 15s. ; •Eastern Counties
Thess., and Great Northern, £l.
L'e lined
lines have been exceedingly quiet.
So "lbardo-Venetian Old Shares are steady at 5i
I?' and the New at 59 51, and Paris and Orleans
have improved to 47.
In the Colonial Markets East Indian have ad-
vanced to 971 98; Great Western of Canada to 14;
and Scinde to 181.
Joint-Stock Bank and Miscellaneous Shares are
a shade flatter. Union of Australia have receded
to 491 ; London Joint-Stock to 301; South Aus-
tralian Land to 36.

• BRITISH FUNDS--CLOSING PRICES.
3 Per Cent. Reduced Annuities 91a 1 5
NPer Consols Annuities 921 *
ow Cent.
1 (b 3
Stocper Cent. Annuities.
a k
414 Debentures
94
13,tt0 Loan Scrip
bi,tto. Bonds, £l,OOO
, do under £l,OOO
'ousola for Account (June 7) 921 5
Mardi. June.
z.t,
titto hear Bins, £l,OOO, lid 2l I
Ditto °
Small, 1' d.
Itte,.; FOREIGN FUNDS—CLOSING PRICES.
gi,eau, 3 per Cent.
peza Account
ijillkul 44 per Cent —
Itu,.t;to 3 per Cent.
'l'lo-.411) 1822, £ St., s,per Cent lO2
1)1141,6 per Cent. 65 44
... bitt ,4ew Loan
veto ° Guaranteed, 4 per Cent.
ezuelan 5 per Cent.
Dividendsun the above payable in London.
TWO O'CLOCK.

Consols, Money 921
Consols for Account, June 7 .. • • 92i

Tile Ottoman Bank have received £70,000 in I
41)1d woni. the East.
c The Atlantic Royal Mail Steam Navigation_
sacPPaur s ship Arago, carrying her Majesty's mails, will
Yorf trom Galway for St. John's Newfoundland, and New
en Saturday, May 28.
TASMANIAN EMIGRATION.—The first party of
tereale emigrants selected by the Tasmanian Emigration
Agency left Gravesend on Saturdaylast inthe ship Oriental,
bound for Hobart Town.
The French Government has given orders that
the ships of the line Imperial and Breslau, with the frigates
Ardente and Souverain be immediately prepared for sea.
The army of the East is immediately to be in-
creased from 80,000 to 150,000 men.
Cardinal Du Pont, Archbishop of Bourges, died
yesterday morning in his palace at Bourges. His Eminence
was 66 years of age.
INTRODUCTION OF GAS TO HONG-RoNG.---We
glad to learn that there is some prospect of Hong_
are
Kon
being lighted by gas, a proposition to that effect having beegn
made by an American company, which has already intro-
Seed gas to Mauritius and the Havannah; This proposal
j".,1 been sent into the local government, but it will require
te, be sent home before an answer can be given, and we un-
eerstand that the terms asked are rather high, having pro-
ably been drawn up in ignorance of the price of coal here.
It has been remarked that the introduction of gas would
be dangerous, owing to the probable carelessness of Chinese
4ervants, but there is no ground for the fear. The_ proba-
bility is that the Chinese would be very careful in the
the
atter—more so at least than the Indians of Calcutta and
negroes of Havannah, where no catastrophe has ensued
hem the use of gas.—China Mail.
THE GREENLAND FISHERY. The Dundee_
steamer, from, this fishery, has passed Peterhead on her
'ay to Hull. She left the ice on the 15th inst., was beset
tlearlY the whole season, and comes home,,clean. Her
ea•Ptain reports of other vessels as follows : Innuit,p lost
April, hands saved; Alert, seen the 20th April ,
el-'eau 2d May ;Gem, reported 14 to 20 tons oil ; Intrepid,
ie.?Ja and beset 4th April; Kate beset
wayßesolution,Persev.erancebeset;
limaclear Star, 11,000 seals and on her home ,
iue.
14th May ; Victor, ditto; A. Harvey, beset;
reported lost ; Vulcan, beset ; Tay, Abritn, and
▪ dean • Chase (screw steamer) of Hull, at Lerwick,
Clean ; Diana, clean, beset 12th May, and the Wildfire,
,r.,411 same date, both of Hull.
EXTRAORDINARY SCENE IN A CHURCH. The
"Itate-
of the parish church of St. George's-in-the East
t„"• ided some excitement for the congregation of that church
„,e„llosing the Rev. Hugh Allen, a rather popular evan-
E ",e,a preaeher, who, a few weeks since, had been elected_
the vestryevening lecturer," and had been licensed
t, that capacity by thebishop. He was to preach for the first
tTle last Sunday, and the church was besieged long before
eel_ ' eors were opened by upwards of 3,000 persons, of both
• When the doors were opened the rush was tremen-
,d,`e, and in a very few minutes every part of the sacred
et,`lce was filled by an anxious congregation. One of the
tlil4tes was seated at the lower part of steps leading to
ei7 Pulit, and the Rev. Mr. Allen walked down one of the
/Maisles towards the vestry-room, and found it locked.
ittet'ad brought his gown with him, and he robed himself
Nv.:',e church and proceeded towards the pulpit. His course
17.'eterrupted by the curate, who intimated that he had
recto ht to the use of the pulpit, without the consent of the
ge4 and could not be allowed to preach. The reverend
van,. °elan produced his licence, and expostulated, but in
1414(1 a great portion of the congregation commenced
to tts• The Rev. Mr. Allen not being able to obtain access
e Pulpit, was invited by the churchwardens to the read-
tiZ° de*, and immediately went there. The Rev. Mr. Allen
lenced by reading the Litany, and an intimation being
the „given that the curate was no longer keeping guard over
the ,vll,lPit, he immediately left the reading-desk, ascended
to evilLPit, and read the bishop's licence, authorising him
which Wase eveninc, lecturer. He then delivered a sermon,
''"4listeneeto with great attention.

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