The Sun.
London, England, 1861-07-03 00:00:00

210NEY MARKET AND CITY .IVBIVAS'.

CITY, Two O'CLOCK.

Continued activity is reported in the discount
market, and the inquiries at the Bank of England
arevery numerous.

The supplies of gold in the Bank of France hay-
ing again become exhausted, the authorities
have exercised their right of paving in silver
instead, rather than resort to the expedient they
adopted a short time since of obtaining by means
of an exchange a large quantity of the former
metal from the Bank of England. The circum-
stance, however, has not created much surprise,
although it. materially forms one of the principal
topics of conversation in monetary circles.
A further sum of £16,000 in gold was taken into
the Bank yesterday, while 70,000 sovereigns were
withdrawn for America.

The amount of specie to be taken out by the
Ceylon, which leaves to-morrow for the East, is
£274,681 ; of this amount £140,434 is despatched
by the Government.

A general advance took place in the foreign ex-
changes yesterday afternoon.
In the Liverpool Cotton Market, yesterday, a
good demand was again experienced, and the sales
amounted to 20,000 bales, of which 12,000 were
taken for export and on speculation ; prices of all
descriptions were well supported, and in a few in-
stances a further slightly upward tendency was
apparent.

A meeting is now being held of the New Grena-
dian Bondholders. A lengthy discussion which is
still in progress has been produced by the report
of the Special Committee.
The half-yearly meeting of the proprietors of the
Colonial Bank has just been held, when it was
stated that the net profits for the six months to
31st December last, after providing for all bad and
doubtful debts, was £36,774, from which it was
resolved to declare a dividend of 5 per cent. ; leav-
ing £11,774 to be carried to the reserve fund,
which now amounts to £92,714 18s. 4d.
The market for Public Securities today has re-
mained in a very quiescent state, but Consols have
been steadily maintained, flair ely, at 891, for trans-
fer, and 897- for the account. Speculation con-
tinues exceedingly dull. The New Three per
Cents. and the Reduced Annuities remained
steady, at 884 a. Bank Stock declined to 228/
229 ; the 5 per Cent. India Loan realised 981 2 ;
and the 5 per Cent. Enfaced Enfaced Paper, 94 ;
Exchequer Bills were heavy, at 7s. to 12s. dis.
The operations in the Foreign Stock Market
Lave been numerous, an 3 prices were well sus-
tained. Old Turkish 6 per Cents. advanced to
73 a, and the Loan of 1858 to 582 14'. Mexican
Stock remained firm at 22 ; Spanish brought 48/ ;
the Deferred 41a ; Venezuelan 3 per Cents. 18 ; and
Brazilian 5 per Cents. 992.
The transactions in the Railway Share Market
have been to a fair extent, and an upward move-
ment has taken place in prices. Great Westerns,
Lancashire and Yorkshire, North Westerns, North
Eastern (Berwick), and North Eastern (York) have
advanced ss. ; Manchester, Sheffield, and Lincoln,
and South Eastern, 10s.; and Caledonian 15s.
Eastern Counties, however, declined ss.
In the Foreign Market no business of importance
was recorded. South Austrian and Lombardo..
Venetian, however, were flat at 151.
The Colonial Lines were generally at slightly
enhanced prices. Grand Trunk of Canada improved
as., Great Western of Canada 55., and East Indian
10s.

Joint-Stock Bank and Miscellaneous Shares re-
mained inactive, but fully maintained previous
rates. Bank of Egypt brought 19; ; Union of
Australia, 40 ; and Peel River Land, 53.

BRITISH FUNDS—ONE O'CLOCK.
Hank Stock ..
:i per Cent. Reduced Annuities BBl 1
:3 per Cent. Conssls Annuities
New 3 per Cent. Annuities BB2 a
India Stock . —

Ditto 5 per Cent 9Bl 1
Ditto Entaced Paper, 4 per Cent. —
Ditto 5 per Cent.
C 014.3018 tor Account, July 10 .. 891 i
March. I June.

xchequer Bills, £l,OOO, 2d —
D tro £500
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
::eD:iiii ittet otaio:l43lsp:eec Accountr: C Cent Cent
, 1858
861
22
LlYinish 3 per Cent.
DDiittt.too
F.NaeswsivDeeferred .-... 481
41$ a
.. 161
-turklsh 6 per Cent ..
Ditto Account
Litto New Loan
Ditto Account
Venezuelan 3 per Cent
Dividends on the above payable in London.
TWO O'CLOCK.
Consols, Money •
Ditto Account

THE TfrEA THER.

METEOROLOGICAL REPORTS.

This Day,
between 8 and B. E. M. D. P. C. LS.
9 a.m. 1
Nairn,,,,,,., 29/4 55 53 W. 4 6 C. 3
Aberdeen 29/3 55 51 N.W. 4 5 C. 1
-Leith ... 29'80 62 51 W. 3 2 b. 3
Berwick 29/8 58 54 W. 2 7 0. 1
Perth, sh ...... : 29.91 56 53 W. 4 4 r. 4
Shields
Galway 29'99 65 63 W. 5 4 O. 4
Searborough 29.85 59 55 N.W. 3 6 C. !
Liverpool
Valentia
Queenstown 30'03 59 56 W. I 2 1 b. 1
Yarmouth 29 90 57 55 N.N.W. 5 6 o. 2
London 29.98 69 52 N.W. 2 2 b.
Dover 29.97 62 60 S.W. 2 2 b. 1.
Portsmouth
Portland
Plymouth .... 30'09 61 57 S.W. i 3 1. C. 1
Penzance .... 30.12 62 61 W.N.W. 2 2I b 3

EXPLANATION.—B. Barometer, corrected and reduced
to 32 deg at mean sea level; each 10 feet of vertical rise
causing'about 1-100th of an inch diminution, and each 10
deg above 32 deg causing nearly 3-100ths increase. E.
Exposed thermometer in shade. M. Moistened bulb (for
evaporation and dew-point). D. Direction of wind (true.—
riot magnetic). F. Force (1 to 12—estimated). C. Cloud
(1 to 9). I. Initials :—b., blue sky; c., clouds (detached) ;
f., fog.; h., hail; 1., lightning; m., misty (hazy) ; 0.,
overcast (dull) ; r., rain; s., snow • t., thunder. A letter
repeated augments—thus, r.r., much rain. S. Sea disturb',
ance (1 to 9).

THE BANK OF FRANCE.—Last year the Bank of
France, finding their stock of gold almost exhausted, and
that unless they could obtain a fresh supply they would
soon be compelled to pay exclusively in silver, contrived to
meet the difficulty by an arrangement with the Bank of
England. They are entitled to discharge their obligations
either in gold or silver, as each is a legal tender in France.
The value of silver in the market was then, however, rela-
tively higher than that of gold, and the directors were con-
sequently apprehensive that if they disbursed it to all ap-
plicants there might be a heavy run upon them for the sole
purpose of realising in distant markets the profits thus ob-
tained. Hence it was considered desirable to buy a certain
sum of gold from the Bank of England. This state of af-
fairs has again occurred, but under different conditions.
The Bank of France find it expedient to pay their notes in
silver, but the operation can now be conducted without
(Unger, since, owing to the absence of demand for China,
and the recent heavy arrivals from Mexico, silver has ex-
perienced a considerable fall, which removes all temptation
or persons to apply for it for anything beyond the ordinary
urrency requirements.
EXTRAORDINARY ESCAPE FROM DROWNING.—
Last night, at 10 o'clock, the Teal steam vessel, Captain
Wogan, which made the last up passage from Woolwich,
was about midway between London-bridge and Blackft tars,
When a gentleman who was incautiously sitting on the side
f the vessel, fell backwards into the water and instantly
821 k. The utmost alarm prevailed, as it was nearly dark at
he time, and the vessel had full steam on. The captain,
With much coolness, ordered the engines to be reversed and
the vessel was put back a few yards, but as three minutes
had elapsed and the man was not seen, all on board con-
aidered the case hopeless. Fortunately, however, David
"tuning, engineer of the Teal, perceived the drowning man
all he rose to the surface near the stern of the vessel, and
instantly threw out a boathook, which was eagerly clutched,
and by this means the sufferer was rescued from death, and
removed from the vessel in an exhausted state at Black-
friars-pier. The passengers expressed their unqualified
admiration at the efforts made by the captain and crew to
save life.

The book fair for Southern Germany, just held
at Stuttgard, was attended by the representatives of above
•400 houses engaged in the trade. The settling of accounts
-Passed off very satisfactorily, and the booksellers, before
IheY left Stuttgard, made the necessary arrangements for
laPrit3lvissrtii7 to the different German Governments to enact new
late for regulating the hawking of books, and protecting
Productions against photographic piracies.
weatm-uNTEnts.—ln the match which took place on
surrey between the London Rifle Brigade. and the let
6647 the score was at 200,600, and 600 yards. Ist Surrey,
43, 43d and 40—in all 149 ; and London Rifle Brigade, 69,
two „„,_s—in all 147. The Ist Surrey won AR matcb:, by
!?nuts, and not the Acizdou Rine Brigade,