The Sun.
London, England, 1859-03-17 00:00:00

4IONEY MARKET AND CITY NEWS.

CITY, Two o'CLocii.

Although the existing uneasiness resulting from
the disturbed state of continental politics pervades
all branches of business, it is satisfactory to find
that trade, in its various departments, is making
favourable progress. From week to week evidence
is afforded of this fact by the railway traffic
returns, while the Board of Trade statistics,
issued monthly, bear additional testimony to the
satisfactory movement in commercial affairs. If a
further proof were wanting, it is furnished by the
increasing demand for money occasioned by the
large supplies of mercantile paper brought into the
market for negotiation. For some days past an
impulse has been given to the inquiries for discount,
so much so, indeed, that Messrs. Overend, Gurney,
and Co. are now allowing 2 per cent. to depositors
as they now find ample employment for money
thus intrusted to them at remunerative quotations.
Whether this increased activity will continue
remains to be seen, but at present few bills are
negotiated under 21 per cent.—the Bank minimum
--whereas, a few weeks ago, choice descriptions of
short-dated papers were discounted at 2 per cent.,
and, in some instances, a fraction lower.

The Liverpool Cotton Market yesterday closed
heavily, and prices tended downwards. The sales
only amounted to 6,000 bales. On the Stock
Exchange a very limited business was transacted,
and values exhibited a further slight decline.

The whole of the gold by the Africa, viz.,
£133,000, has been taken for transmission to the
Continent.

At the Bank of England yesterday there were
no bullion operations of public interest.
The Chartered Bank of India, Australia, and
China, have made a call of £2 to be paid by the
12th April; and the Oriental Inland Steam of £2
to be made on the " B" shares of the company, by
the 11th May.

There has been a special meeting of the proprie-
tors of the Ceylon Railway Company to-day, at
which a proposal was made for allowing the share-
holders to make voluntary payments on their shares
instead of paying calls, which had been previously
submitted to counsel, and approved by them as
within the privileges of the company. The arrange-
ment was approved by the meeting.
There was very little animation to-day in the
Market for Public Securities. During the morning
a further decline of per cent. took place, but a
reaction has since occurred, owing to increased
firmness on the Paris Bourse. Consols, which were
95 p, are now 95 1 for money and account.
India Stock is flat at 220, and the Loan Debentures
at 084. Exchequer Bills are marked 345. to 375.
prem.

The Foreign Stock Market continues very in-
active, and prices exhibit no change of importance.
Turkish 6 per Cents. are 921 to 921 ; ditto New
Loan, 781 to 781; and the 4 per Cents. are steady
at 103 ; Brazilian 5 per Cents, at 1021 ; ditto 41
per Cents., 1852, at 95 ; and Portuguese at 46.
Peruvian 41 per Cents. have receded to 91 ; and
Austrian 5 per Cents, to 68 ; and the New Loan is
2 to 1 discount. _

The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
1859. 1858.
North-Western
South-Western
13righton
^9,181

Midland
South-Eastern
Great North ern 20,639
Lancashire and Yorkshire
Bristol and Exeter
North-Eastern
East Lancashire 6,278
Lancaster and Carlisle
Manchester, Sheffield, and Lincoln
Oxford, Worcester, and Wolverhampton 4,168
West Hartlepool
South Devon
Dublin and Wicklow 1,353
Edinburgh and Glasgow 5,425
Glasgow and South-Western
Grand Trunk of Canada
Great Western of Canada 7,256

The above returns continue to exhibit a con-
siderable improvement on most of the principal
lines in the United Kingdom. The increase on
the North Western is £4,151; on the South
Western, 1,694 ; on the Brighton, £2,785 ; on the
Midland, £4,496 ; on the South Eastern, £2,069 ;
on the Great Northern, £4,681 ; on the Lancashire
and Yorkshire, £4,013; on the North Eastern,
£3,325 ; on the Manchester, Sheffield, and Lincoln,
£2,092 ; on the Edinburgh and Glasgow, £277 ;
and on the Grand Trunk of Canada, £490 ; but a
decline of £216 is apparent on the Great Western
of Canada.

The price of the £1,000,000 Debentures, nego-
tiated by the East India Railway Company, is 1 to
11 premium.

The transactions in the Railway Share Market
have been on a very moderate scale, and prices are
depressed, notwithstanding the very favourable
character of the traffic returns, compared with
those of the same period of the previous year, the
decline, in most instances, amounting to about to
per cent. Eastern Counties, Great Western,
Brighton, North Western, and Midland have
receded ss. ; Great Northern, South Western,
North British, and South Eastern, 10s. ; and Vale
of Neath, £l.
In the Foreign Market the chief dealings have
been in Lombardo-Venetian, which have exhibited
no material variation, the Old Shares being at
81 8, and the New at Bto 81. The Colonial lines
are flat. Grand Trunk of Canada declined 10s. ;
Great Western of Canada, ss. ; and East Indian, ss.
Joint Stock Bank and Miscellaneous Shares are
slightly depressed, but the transactions have been
quite unimportant.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK
3 per Cent. Consols Annuities
India Stock' 220
Ditto Debentures NT
Consols for Account 95 i
March. June.

Exchequer Bills, £l,OOO, 2d. & lid 36 1
Ditto :£5OO
Ditto Small, 11d.
PRICES OF FOREIGN FUNDS AT ONE 0' CLOCK
Brazilian 5 per Cent.
Ditto 1852, 41 per Cent
Peruvian 41 per Cent 9l
Portuguese, 1853, 3 per Cent.
Turkish 6 per Cent. 921 4
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above payable in London.
Austrian, 10 Fl, 5 per Cent. 6B
TWO O'CLOCK.
Consols, Money
Consols for Account (April) 951 ft