The Sun.
London, England, 1859-06-15 00:00:00

.11101V.EY .11:ARKET AND .CITY NEWS.

CITY, Two O'CLOCK.

An increased inquiry for money has been occa-
sioned by the Indian loan instalment of £1,000,000,
and 'the current requirements of the commercial
classes, whose operations towards the end. of the
quarter usually create an additional demand.
The discount market, nevertheless, is exceed-
ingly easy ; its resources are superabundant,
and good trade bills are negotiated on
very moderate terms. Indeed, the applications
at the Bank are unusually limited, because the
joint•stock establishments and private firms offer
greater facilitiesthan the Threadneedle-street autho-
rities. During the next two or three weeks the
market may present more activity, but subsequently
renewed quietude may result from the release of
the dividends, not only on consols, but on interest-
bearing securities of every denomination.
The Foreign Exchanges, yesterday afternoon,
exhibited a slight advance in the rate on St.
Petersburgh.
At the Bank of England, yesterday there were
no bullion operations of importance. About
£lOO,OOO of the £258,000 by the Canada has
arrived in London, of which £lO,OOO in English
gold will be retained. here. The remaining
£90,000 has been taken for the Continent.
Accounts from Liverpool report that the Cotton
Market yesterday closed very firmly, and 6,000
bales. were sold at fully previoys rates. In the
Railway Share Market a fair amount of business
was transacted, and prices exhibited a further im-

provement.
To-day a call of 20 per cent. is due on the Great
Northern Debenture Stock, and £5 per share on
the Portadown Junction Railway. _

The assets of the Alliance Bank are of such a
doubtful character, that it is feared the liquidation
will leave nothing for the unfortunate shareholders.
The concern has been grossly mismanaged, and the
investments made have included securities which
are at-present-wholly unmarketable.
In the market for English Securities to-day a
Moderate business has been transacted, but the
quotations have shown some unfavourable changes.
At first the Funds were tolerably steady, at prices
only a trifle lower, but since then the decline of 1
per cent. reported in the Bentes (which are tele-
graphed at 62.05 and 62.25), and the statement
that the Emperor has sent for reinforcements,
have caused increased depression. Consols,
Which were 93 to 931, have descended to
921 sellers, being now 921939. This alteration,
although comparatively limited, has completely
changed the complexion of the market ; some of the
other securities are also flatter. Bank Stock has
improved to 221; the New Threes and the Reduced
have receded to 931 4 ; India Loan Debentures are
steady at 95; ditto Scrip is flat at 934 1, and Ex-
chequer Bills are firm at 245. to 275. prem.
Business in the Foreign Stock Market has been
Moderately active, and a further improvement has
been apparent in values, although they are no w
somewhat flatter. Turkish 6 per Cents. have
advanced to 77 and 79 ; ditto New, 63 to 65 ; and the
4 per Cents. to 1031 1 ; Spanish Passive to 8t- ;
Peruvian 44 per Cents. to 86 ; ditto 3 per Cents.
to 66 ; ditto Uribarren, remains firm at 80 ; Bra-
.4ian 41 per Cents. (1852), have improved to 911,
but ditto (1858) are fiat, at 911 1 ex div.
The settlement of the Account in the Railway
Share Market' continues to progress in a satisfac-
tory manner, and most of the principal lines have
been at a further advance, but symptoms of heavi-
ness are now apparent. Eastern Counties, and
Great Western, have improved ss. ; Lancashire and
Yorkshire, and Brighton, 10s ; South Eastern, 155.;
and Caledonian, £l. North Eastern, Berwick, and
Manchester, Sheffield, and Lincoln declined ss.
The Foreign and Colonial Lines have been
moderately active. Lombardo-Venetian shares,
however, are at slightly reduced rates ; the Old
shares are dealt in at 6 7, and the New at 69.
Paris and Lyons realise 331 ; North of France, 361.
East Indian are steady at 1011,102, and Punjaub
at 3; 4.

Joint Stock Bank and Miscellaneous Shares are
at slightly improved quotations. Bank of Aus-
tralasia have advanced 10s. ; London and County,
68. ; • and Ottoman Bank, ss.

IRITISH FUNDS THIS DAY AT ONE O'CLOCK.
hank Stock
as. Per Cent. Reduced Annuities 931 a 1
aew 3 per Cent. Annuities
India Stock
Ditto Debentures
Ditto Loan Scrip -
Ditto Bonds £l,ooo
Console for Account (July 8)
p3l
1
Exchequer Bills, £l,OOO, lid 24 7 p
Ditto Small, lid.
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian 5 per Cent.
Ditto 4i per Cent. 1852
Ditto 1808, 41 per Cent. 9ll 1 /
Grenada New Active, 31 per Cent.
Ditto Deferred
Mexican 3 per Cent.
Ditto Account
Peruvian 41 per Cent
Ditto (Uribarren), 4X per Cent.
Ditto 3 per Cent. 2 66
Spanish 3 per Cent —
Ditto Passive
8/
Turkish 6 per Cent. 77 91
Ditto New Loan
Ditto Account
Ditto Guaranteed, 4 per Cent.
Venezuelan 5 per Cent.
Ditto Deferred l7
Dividends on the above payable in London.
TWO O'CLOCK.
Congas for Account, July 8 .... 92/ 3/ xel