The Sun.
London, England, 1859-03-26 00:00:00

JIONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

The Bank of England Return, completed to the
23d March, shows little variation of importance.
The bullion, consequent upon the large purchases
of silver on the Continent, has been slightly re-
ducel, and the reserve of notes has also been
diminished to a very limited extent. In the other
securities there is an augmentation of nearly a
quarter of a million, owing to the increased
activity of commerce, and the preparations made
for the instalments on the various loans lately in-
troduced upon the money market. The Public
Deposits show a slight increase, which is attribu-
table to the collection of the revenue ; but the Active
Circulation has exhibited no material alteration.
In the other items of the balance-sheet there is
little change to report; the variations will be seen
in the subjoined table : _ _

Active Circulation
Increase ..
Bullion ..
Decrease ..
Rest • • • .

.. 220,332,185
•
•• •• •• 930
19,864,535

- - " 58,197
g. 00 00
3,654,290
.. .. .. 1,814
.. .. .. 8,988,757
.. .. .. 144,260
13,601,339
• . • . 39,926

Increase
Public Deposits
Increase • .
Other Deposits
Decrease .. • •
Seven Day and other Bills .
Increase . • • •
Government Securities

804,205
• . • • 39,207
10,696,147
No alteration.
Other Securities .. .. 16,908,094
Increase .. • 204,482
Notes Unemployed .. .. 13,310,76,5
Decrease . 4930
••• • •

A statement was circulated yesterday afternoon
to the effect that Messrs. Thomson, Bonar, and
Co. had undertaken to contract a Russian loan of
nearly £12,000,000 in a 3 per cent. security at 67.
Prom inquiries, however, it appears that the firm
in question have no information to give upon the
subject. It seems as though they were without
any vositive instructions, and were merely in
receipt of telegraphic advices like the rest of
the public. Perhaps it would have been
advisable on their part to have issued
some communication, showing how far the
statements now circulated are correct. The re-
port, however, is believed at the Stock Exchange.
If the intelligence should prove correct, the opera-
tion will not exercise a very powerful effect upon
the money market here, as, according to rumour, i
lists are to be opened in some of the principal cities
of the continent, where Russian securities are held
in high estimation.

In the Liverpool Cotton Market yesterday a fair
amount of business was transacted, and prices
exhibited an improvement. The sales were esti-
mated at 10,000 bales.

The foreign exchanges yesterday afternoon
exhibited a slight decline.

About £65,000 in bar gold was withdrawn from
the Bank of • England yesterday for exportation to
the continent. •

In the market for Public Securities, to-day, there
have been further indications of heaviness, a few
operations having sufficed to cause a decline of
per cent. The New Russian loan, and the adverse
tendency of the specie movement, have produced an
adverse effect, while the depression on the Paris
Bourse also operates in a prejudicial manner. Con-
sols are now quoted 951 y, for money and account,
Which is a declines of a per cent. compared with
yesterday's closing quotations. India Stock has re
eedecl to 220, and ditto Loan Debentures to 971- to
981 ; Exchequer Bills are steady at 335. to 365.
prem.

Business in the Foreign Stock Market is exceed-
ingly: dull, and prices exhibit a general decline,
Turkish 6 per Cents. being 921 to 93 ; and ditto
IVew Loan, 791 to 791; Brazilian 42 per Cents.
have receded to 941 ; Mexican to 214 b ; and Sar-
dinian, 81f to 82. New Austrian Loan is 1 dis.
to par.

The transactions in the Railway Share Market
have been on a very limited scale, and in most in-
stances prices have shown a downward tendency.
Eastern Counties, North Western, South Western,
Midland, North British, North Eastern, Berwick
and North Eastern (York) declined ss. ; Great
Northern, Great Western, Lancashire and York-
shire, 10s. Brighton, Bristol and Exeter, and
South Eastern brought about former rates.
The Foreign lines are very inactive. Lombardo-
Venetian have receded about ss.
In the Colonial Market prices have also given
Way. Grand Trunk of Canada declined £1 ; Great
Western of Canada, ss. ; and East Indian about
10s. to 15s. The New Debentures are quoted at
Ito 11 prem., and the New Shares at par to pm.
Joint-Stock Bank and Miscellaneous shares show
less firmness. OHental Bank have declined 55.,
London Joint-Stock, 55., and Peninsular and
Oriental Steam, 10s.

BRITISH FUNDS—CLOSING PRICES.
3 per tent. Consols Annuities
India Stock
Ditto Debentures 97 81
Consols for Account 951 t

March. June.
Pxchequer Bills, £l,OOO, 2d. &10 36 3 I
Ditto £5OO
Ditto Small, lid.

FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent.
Ditto 1858, 44 per Cent. 94f
Mexican 3 per Cent
Ditto Account
Sardinian, 5 per Cent. —
Ditto Account
Turkish 6 per Cent —
Ditto Account
Ditto New Loan
Ditto Account
Dividends on the above payable in London.
TWO O'CLOCK.
Consols, Money 95!
Consols for Account (April 7) 9ol

MINING.—The share market generally has been
affected by the panic, and an attempt made to depreciate
several stocks. Wheal Margaret, however, have continued
to rise, and have reached 73 to 75. Providence mines, 921
to 95. Wheal Basset have been dealt in at 1921 to 1971 • the
minels looking well, and upon the best authority we learn
is likely to continue its present rate of dividends for a long
time to come. East Basset advanced to 240, but leave off
230 to 235. West Caradon, 80 to 85; at the meeting on
Thursday a dividend of £2 per share (£1,024) was declared,
leaving £2,187 15s. in hand. The report of the mine
showed that the prospects had improved.—Mining Journal,
this day.
In the Bankruptcy Court, yesterday, the case of
D. F. Oakey was heard. The bankrupt was a bookseller,
in Paternoster-row. This was the examining meeting..
His debts are £1,600 ; assets of trifling amount. His Hon-
our passed the bankrupt's examination, observing that he
would have much to answer for at the certificate meeting.
The case of Collins and Collins was also determined. The
trankfupts, described as publishers and map-sellers, of
Paternoster-row,passed their examination on accounts
showing about 800 due to unsecured creditors, and £1,600
to those holding security.

PRESERVATION OF TWENTY-FOUR LIVES FROM
FIRE. —A fire occurred in the metropolis yesterday, which
would, in all probability, have been attended with the loss of
24 lives, had it not been for the prompt arrival of a fire escape.
It appears that police-constable No. 165 U ran to the con-
ductor's station m Hatton garden, and informed the man
that a fire had taken place in a large double house occu-
pied. by Mr. Kitchen, a cheesemonger, &e., situate at the
corner of (Ireville-street, Leather-lane. The escape of the
.Royal Society was immediately taken to the spot, when a
scene that can with difficulty be described presented itself.
Out of each window issued volumes of black smoke which
obscured the front of the building, and the loud cries for
help from 24 persons clearly indicated that no time was to
be lost to effect their rescue, for the lower part of the pre-
mises and staircases were burning like a furnace. The con-
ductor (named Arkell) at once placed his escape in front of the
house, and brought from the first floor seven persons, who
were safely landed below. The jumping sheet attached to
the escape was next taken off and held by the police, when
five or six persons were thrown from the second floor, and
were received in the sheet without receiving any material
injury. The remainder of the unfortunate persons were
taken from the third floor and passed down the escape, save
one man who managed to get upon the roof and pass
through an adjoining house. The engines of the neighbour-
ing brewery, that of the parish, and several others of the
London Brigade were remarkably early in their attendance,
and a good supply of water having been obtained the fire-
men went to work in their usual intrepid manner, but they
were unable to get the mastery until the lower part of the
house was burnt out and the upper part seriously injured.
Unfortunately most of the sufferers were uninsured,

GALWAY HARBOUR.—A report has been made by
Captains Washington and Vitch, and Mr. Barry Gibbons,
as to the capabilities of the harbour of Galway. They con-
sider that for the purposes of a harbour of refuge nature
has done all that is required, but with a view of facilitating
the embarkation of passengers, mails, and goods, propose
various engineering works. That on the smallest scale con-
sists merely of a landing jetty, and the removal of a small
ledge of rock ; but if it should be decided to make Galway
a permanent mail-packet station, they propose either to
erect a pier to extend in a south-easterly direction from the
south end of Mutton Island, about 800 yards into a depth of
from five to six fathoms at low water of spring tides, which
would cost altogether about £300,000, or instead of carrying
out the chief works into deep water, to bting a low-water
channel up to the existing harbour and dock, the cost of
which scheme would probably be about £150,000. The third
plan that has been prepared consists of a pier about 400
yards long, extending from the south end of Mutton Island,
tie inner portion of it being built on open piles, so as to
allow the sea and tide to pass through. This design, in-
cluding the necessary docks, would exceed £300,000.