The Sun.
London, England, 1861-05-11 00:00:00

MONEY MARKET AND CITY NEWS,

CITY, Two O'CLOCK.
The Bank of England return, completed to the
Bth May, is not of so unsatisfactory a character as
was generally anticipated. The Bullion shows a
small increase, while there is also a slight addition
to the Reserve of Notes. The Public Deposits
have been augmented by about half a million ster-
ling, while there is an increase of three-quarters of
a million in the Private Balances: The augmented
demand for money is perceptibly shown in the
addition made to the Other Securities, viz., of
about a million and a quarter. The other items of
the balance-sheet, and the changes they presem
are shown in the subjoined table.
Active Circulation ..
Decrease .• 90
Stock of Bullion
Increase ..
Rest • .. • . . •
Increase •• •• ••
Public Deposits
•• • •
Increase •• ••
Other Deposits • . • •
Increase .. • • •
Seven Day and other Bills ..
Decrease .
Government Securities

.. £20,174,685
.. 132,620
• • 12,873,619
34,971
3,244,842
. 54,669
• 6,083,595
• • 505,072
. 12,070,911
▪ 890,100
636,172
• •
26,719
.. 10,272,938
Other Securities .. • • INo alteration9,l4l,6 .
48
Increase .. .. • . .. 1,255,531
Notes unemployed .. .. 6,316,015
Increase • • .. • • . 108,370
The Oneida which leaves to-morrow for Bombay
will take out £142,044, and of this amount the
Government remit £50,474 in silver.
A general advance was exhibited in the foreign
exchanges yesterday.
There is still an active demand for money, but
rather less pressure is experienced, and the rates
are not quite so firm as they were during the early
part of the week.
Business in the Liverpool Cotton Market yes-
terday was rather less active, but prices remained
without alteration. The sales were 10,000 bales.
The expectation that the Bank rate of discount
will be speedily advanced has been strengthened
by the recommencement of a large efflux of gold to-
New York, and 100,000 sovereigns have been with-
drawn from the establishment for that purpose.
In the meantime small quantities of gold chiefly
from Australia are disposed of to the authorities,
£lO,OOO having been thus appropriated yesterday.
An important undertaking, entitled the China and
Japan Steam Navigation Company, with a capital
of £300,000, of which the first issue will comprise
£150,000 in 15,000 shares of £lO each, has just
been announced. Its object is the establishment of
a regular and speedy communication in the inner
waters of China, and along its coast, thus supply.
ing a want that has long been felt by the
mercantile community interested in that portion of
the world. The Company propose to construct a
fleet of steamers for the conveyance of passengers,
mails, and general merchandise. The trade already
existing, its certain expansion, and the necessity for
the use of steam, warrant the expectation that the
project, if judiciously arranged, will prove a great
boon to the commercial public, and highly remune-
rative to the shareholders.
There has been an absence of fluctuation in the
English Stock Market to-day, but the tendency of
values has continued unfavourable owing to the
appearance of monetary affairs. Consols are 91:
for transfer, and 911 92 for the account.
The New Threes and the Reduced are heavy at
891 i; India 5 per Cent. Loan 101Q7 and ditto 51
per Cent. Rupee Paper has receded to 100.
Extreme quietude has prevailed in the Foreign
Market, and prices show very little alteration.
Turkish 6 per Cents. are 70:1 to 711; ditto 1858,
S5l to 56; Mexican are firm, at 221 f Portuguese,
at 47i; and Russian 4i per Cents. are steady at
911.

The transactions in the Railway Share Market
have been on a rather limited scale ; in some in-
stances, however, a slight advance has taken place
Win prices. Caledonians, Eastern Counties, Great
esterns, and Lancashire and Yorks have advanced ss. ; and Manchester, Sheffield,hire and Lin-
fnln, 10s.; South Western have declined 55.; and
Great Northern, and Edinburgh, Perth, and
Dundee, 10s.
The Foreign and Colonial undertakingß have
beevery inactive, without any material change in
P r

Joint Stock Bank and Miscellaneous Shares
are a shade flatter—Oriental Bank declined 10s.

BRITISH FUNDS—CLOSING PRICES.
3
% per Cent. Reduced Annuities 89&
per Cent. Cons.ls Annuities
New 3 per Cent. Annuities
India Stock .. ..
Ditto 5 per Cent
Ditto Enfaced Paper, 4 per Cent. —
Ditto 51 per Cent
Consols for Account, June 6
FOREIGN FUNDS—CLOSINGF PRICES.
Mexican 3 per Cent —
Ditto Aocount .. 221
Portuguese 3 per Cent., 1853. •• •
Ditto Account
Bussia,u 5 per Cent. 1822, £ St —
Ditto 4i per Cent.
Dividends on the above payable in London.
Consols M TWO O'CLOCK.
oney 9li 1
Ditto Account 9l± 2

COURSE OF EXCHANGE:—YESTERDIT.
Amsterdam
Ditto
Rotterdam — 11 19 11 191 Antwerp
Brussels ..• — 25 50 25 55
liamturghe
Paris
MDitto
arseilles ..
_.,
VFrankfort on .........
Tienna
rieste .. .. - 14 95
Petersburgh l5 0
33.1
Berlin ..... 33}
.......
Madrid
Cadiz
Leghorn
Milan
Genoa
Naples
Palermo
Messina
146/011 .
Oporto
Rio Janeiro .. .
New York
)... Il•
.per oz. £3
Foreign Gold in Bars (Standard
Mexican Dollars "" iio 17 9 0
0
Silver in Bars (Standard)
south American Doublons
ft 0 0 0

481
48
25 5
25 60
25 60
301-
117 k
117
62i
621

49
49k
25 75
25 65
25 65
391
118
118
52!
53