The Sun.
London, England, 1859-01-27 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.
The money market still exhibits a very easy and
quiet appearance, owing to the increased supplies
and the temporary diminution in the demand. At
such intervals the moneyed firms seem willing
to negotiate commercial bills at lower rates,

and by charging 1 or --4-- per cent. less, they Blackburn
Blyth and Tyne
are enabled to attract a large proportion Stock Bristol and Exeter
of business which otherwise would be taken !! Cheater Stock leon Caledonian 1 1 olyhead
to the Bank of England. Notwithstanding
ZO grrt,llidk BaMassage
the prospect of new foreign loans, the enlarged 20 Cornwall
exportation of silver to the East, and the gradual to Do. A AimtilOpelLniferdainv
10 Do. B
expansion of trade, an opinion is entertained in hasbeen pd.toß.
50 Dublin andßelfast June.
some quarters that the rate of discount will yet 25 Dun.,Perth4 Abr.Junc.
recede to 2 per cent. before any permanent re- Stock PassteAronglOuannties
action is experienced in financial affairs. The
gttoocct Eastern Uidoion 13,
Stocktock
market took a similar course after the crisis of 1847, 25 Do.Nw.A.(lte.E.U3ds)
and this probably has given rise to the expectation sot Kant
Lancashire
Stocks East
of a corresponding movement on the present occa- 20 Ettito Suffolk
sion. Everything will, of course, depend upon the Stock Edinburg and Glasgow
requirements of trade, and the extent to which , Stock, podrillieglhy,d:
Junction 3
foreign loans may be encouraged by the investing Stock Furness
Stock Glasgow & South Westn
public. to Great North of Scotland
In the Liverpool Cotton Market yesterday a gto° cc
IC G rl. ao t. Yoo. 11 Irtno Stock
very moderate amount of business was transacted, stock GPLicll.l Zsmtitareld,
and prices of all descriptions were unaltered. The ,ock Great Western
sales were estimated at 7,000 bales. The Railway f:)2ck forts.noVluilltiVasl Gieurna.Stk
Share Market closed steadily, and prices tended 1.1 baonciailnsand Carlisle
downwards. t 3 4 Do. New Thirds -

Most of the Joint Stock Banks have now held Si
their half-yearly meetings, and the results have
proved' more satisfactory than could have been
anticipated. Many of the establishments have been
only a short time in operation, yet theyhave returned
si
dividends which ought to. satisfy even the most
sanguine shareholders, more especially as trade
during the past year was conducted on a compara-
tively limited scale. The attention of the public
will now be more particularly Airected to the half- g
yearly meetings of the various railway com-
panies, and already numerous estimates are
circulated of the probable returns of the
principal lines. There is reason to believe that in
many instances these will be of a satisfactory
character, for the traffic during the last six
months has considerably improved, while great
economy is presumed to have been exer-
cised in the management of the various
undertakings.. It is satisfactory to notice
that the weekly earnings of the principal S.
lines continue to improve, and, from the general
expansion of trade, it is anticipated that the results
of the current half-year will prove even more satis-
factory than those of the last six months.
There has been a firmer market to-day for Public
Securities, but the transactions have again been on s
a very moderate scale, because the speculators are I
doubtful whether the improvement reported yes-
terday on the Paris Bourse will be maintained. s
Consols are about 95t- I for money and account;
but there is scarcely any business in progress.
Bank Stock has declined to 227. The New 3 per
Cents, and the Reduced are marked 96,1 -1-. The
June Exchequer Bills are 365., and the Bonds are
1001. India Loan Debentures are depressed at

99a, and the Bonds 245. prem.
Increased buoyancy has been apparent in Foreign
Securities, and citiotations are in some instances
rather firmer. Turkish 6 per Cents. are 90/ 914 ;
the Scrip, first issue, igl7Bl 79 ; ditto, second issue.
6} 6 dis. ; and Chilian Scrip, 2 to 1 dis. ; Russian
5 per Cents. are 113/ ; ditto 41- per Cents., 100;
Sardinian 5 per Cents, 841 85/ ; Portuguese 3 per
Cents., 47 ; Brazilian 5 per Cents., 103 ; ditto 41.
per Cents., 941- 1.; and Mexican 3 per Cents.,.l9l