The Sun.
London, England, 1859-04-05 00:00:00

MONEY MARKET AND CITYgNEWS.

CITY, Two o'CLocK.

The Markets for Foreign and Colonial Produce
during the last few days have not exhibited much
activity. Prices, however, have, in most instances,
been well sustained. Tea has been exceedingly
firm, and an advance of id. per lb. has been estab-
lished in Common Congou. Sugars have been in
rather limited request, particularly for home con-
sumption, holders refusing to give way in prices.
In the refined market there has been a very mode-
ratel
demand, and for bonded goods there has been
scarcely any inquiry, prices remaining firm at
previous quotations. For coffee there has been
an active demand, especiaily for the better qualities
of plantation Ceylon, and as the quantity on offer
was very short full rates were readily obtained.
Rum has been very inactive; but for rice there has
been more demand, improved prices having been
realised in most instances. Saltpetre continues to
be inquired for, and good qualities of Bengal have
advanced in value. Tallow has been rather inac-
tive, the trade demand having fallen off, and prices
have in some instances receded. P.Y.C. on the
spot is now quoted 535. to 535. 3d. ; April to June,
535. ; and last three months, 535. 6d. per cwt.
Letters from Liverpool report that the Cotton
Market yesterday continued very quiet, and 6,000
bales were sold at former values. In the Railway
Share Market only a very moderate amount of
business was transacted, and prices were depressed.
Several arrivals of specie have been announced
this morning, including the Tyne, from the Brazils,
with £16,258 ; the Cologne, from Rotterdam, with
£23,000 ; the Dolphin, from Antwerp, with
£143,000; the Planet, from Hambro', with about
£50,000 ; and the Parana, from the West Indies ;
but the amount of specie she has on board has not
transpired. About £16,000 in gold was withdrawn
from the Bank of England yesterday for exporta-
tion to the Continent.

The demand for money is well maintained, and
fully previous rates are charged for discount ac-
commodation. It appears that the bills due yester-
day, the 4th of the month, were paid in a satisfac-
tory manner, and no serious difficulties appear to
have arisen, although the engagements were rather
extensive. The market continues abundantly
supplied, and this keeps down the quotations. The
approaching loans, however, may cause a fractional
advance, especially as the requirements of the com-
mercial public are now on an enlarged scale.
The dividends are now due at the Bank of
England, and the amount that will be liberated
during the next few days may afford some relief to
the market.

Since the above was written it has been ascer-
tained that the Parana brings £250,000.

In the market for English Securities to-day the
decline has not been so important as might have
been expected from the impending dissolution.
During the early part of the day it only amounted
to k per cent., and although some sales
have been effected the market still exhibits
strength. The announcement made last night
by Lord Derby and Mr. Disraeli has of
course attracted much attention in City circles,
but the general opinion seems to be that
the course they contemplate is the only one which,
under the circumstances, they ought to have
adopted. Consols are 957,- to 951 for money and
the 7th inst., and 951 to 954 for the May account.
Exchequer Bills are steady at 325. to 355. prem.,
and the Bonds at 100. India Bonds are 14s. prem.
Business in the Foreign Stock Market is mode-
rately active ; prices, however, in most instances,
are rather flatter. Turkish 6 per Cents. are
921 to 93 ; ditto New Loan, 781 to 791 ;
Peruvian 4 per Cents. have receded to 90 ;
ditto 3 per Cents., to 711 ex div. ; and Sardi-
nian, to 814 2 ; Mexican Stock is heavy, at 21-1 ;
Spanish 3 per Cents., at 44a to 45 ; ditto Deferred,
at 302. ; Brazilian 5 per Cents. are marked 100;
ditto 41 per Cents., 94',1, ; Dutch 21 per Cents, 65i. ;
and ditto 4 per Cents, 991 to 1001. The New Aus-
trian Loan is 1 dis. to par.
A further downward movement has taken place
in the Railway Share Market, prices having sym-
pathised with the heaviness in the English funds.
Eastern Counties, North-Western, Midland, North-
Eastern (Berwick), and South-Eastern have declined
ss. ; South-Western, and Manchester, Sheffield, and
Lincoln, 10s. ; and London and Blackwall, £1;
Lancashire and Yorkshire and Great Western im-
proved about 58.
The Foreign and Colonial undertakings have
also been dealt in at lower rates. Pernam-
bucco have receded 10s. ; Lombardo-Venetian, ss. ;
Eastern of France, ss. Grand Trunk of Canada
improved about 55., and East Indian declined ss. to
10s. ; the 41 per Cent. Debentures are quoted at
about 1 to 11- prem, and New Shares par to !prem.
4

Joint Stock Bank and Miscellaneous Shares are
almost at nominal rates. Agra and United Service
improved 10s. Ottoman Bank declined 55., and
English, Scottish, and Australian Chartered ss.
London District Telegraph are dealt in at 1.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Consols Annuities ..
India Stock
Ditto Debentures' 9B
Ditto Bonds, £l,OOO
sans°ls for Account 9sj I
March. June.
',xchequer Bills, £l,OOO, 2d. & lid.. 3.5 2 5
Ditto £500
Ditto Small, ltd.
Exchequer Bonds, 1859, 3i per Cent .... 100

FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent.
Ditto Account
Ditto 1858, 41 per Cent. 941
Buenos Ayres, 6 per Cent.
Ditto Account
Mexican 3 per Cent 2l
Ditto Account
Peruvian 41 per Cent
Ditto Account
Ditto 3 per Cent.
Ditto Account . 71f
Russian, 1822, £ St., 5 per Cent
Ditto 41 per Cent.
Sardinian, 5 per Cent Bll
Spanish 3 per Cent. 45 41
Ditto New Deferred, 3 per Cent.
Ditto Account ' 301
Spanish Coro. Cert. of Coup. not funded 5
Turkish 6 per Cent
• Ditto Account
Ditto New Loan
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 127Guil. 21 per Cent 65/
Ditto Certificates, 4 per Cent.
Peruvian Dollar Bonds, 41 per Ct. Ex. 4s Bl
THREE O'CLOCK.
- - -

Consols, Money 9sa
Consols for Account (April 7)

The Seine has seldom been so low at this season
of the year as it is at present. The water only reaches
Om. 98c. at the scale at the Pont Royal.
ROYAL NATIONAL LIFEBOAT INSTITUTION.—A
copy of the annual report of this institution has been for-
warded 4o us. It commences by stating that the society now
possesses 81 lifeboat establishments, thoroughly equipped in
every way, 15 of which have been added during the last
12 months, and transporting carriages and boat-houses have
also been provided for them, viz. :—At Cromer, Mundes -
ley, Bacton, Winterton, Yarmouth (two boats), Exmouth,
Aberdovey and Fleetwood ; in Ireland, at Dundalk, Carn-
sore, Tramore, Dungarvan, and Newcastle (thelast-named in
lieu of a
.previous boat) ; and in Scotland, at Fraserburgh
and Lossiemouth. The committee continue to receive the
most satisfactory reports of this class of lifeboat, many of
which have rendered important service in saving life during
the same year. Lifeboats on the same plan have been ordered
by the Governments of Russia, Prussia, and Portugal,and by
some of our own Colonial Governments from the builders to
the society, and the institution has in every case been re,-
quested to superintend their construction. The lifeboats of
the institution have been instrumental in saving 110 persons
during the past year. They have also been off on 29 occa-
sions to the assistance of vessels showing signals of dis-
tress. It appears from the report of the Board of Trade
presented to Parliament, that the number of shipwrecks
on the coast of the United Kingdom during the past year
has been nearly the same as that of the previous year-
-1,170 in all, from which 343 livesunhappily perished. It is,
however, gratifying to find that the total number of lives
saved from shipwrecks by lifeboats and other means on
our coasts during the same period is 1,555. The total
number of persons saved from shipwreck since the first esta-
blishment of the National Lifeboat Institution, and for re-
scuing whom the committee have granted honorary and
pecuniary rewards, is 10,902. The lives of 427 persons
from sixty-four wrecks on the coasts of the British
Isles have been rescued from a watery grave during the
past year through the instrumentality of the lifeboats of
the institution and of other means, in acknowledg-
ment for which services one gold medal, 23 silver
medals, 37 other honorary distinctions, and £952 have
been voted. Since the formation of the institution it
has expended on lifeboat establishments £28,061, and
has voted 81 gold and 629 silver medals for diitin-
guished services for saving life, besides pecuniary awards
amounting together to £11,651. From the financial state-
ment it appears that the institution has expended on new
lifeboat carriages and boathouses and their equipments
£8,051 4s. 11d., and £1,2Q3 18s. sd. for exercising the crews
of its lifeboats, making altogether a total of £9,255 3s. 4d.
This great and national work has, however, only been
accomplished by the society incurring further liabilities to
the extent of £3,047.