The Sun.
London, England, 1861-01-16 00:00:00

if (MEI' MAFKET AND CITY NEWS''.

CITY, Two O'CLOCK.
The Money Market still continues quiet, but a
large amount of business is nevertheless transacted,
and bankers and brokers are not disposed to relax
their terms for the accommodation they afford
When the exportation of guld, and the critical state
of monetary affairs in Paris point to the probability
of further restrictive measures. Loans are in
request at the Stock Exchange at 5 to 6 per cent.
No variation of importance was exhibited in the
Foreign Exchanges yesterday afternoon.
• About £50,000 in bar gold was withdrawn from
the Bank of England yesterday for importation to
the United States.

Notice has been given that the sixth annual
drawing for the reimbursement of 543 obligations
of 100 f. each, and the first annual drawing for the
repayment of 101 obligations of 500 f. each of the
Great Luxembourg Railway Company, took place
at Brussels on the 31st ult.

Continued activity was exhibited in the Liver-
pool Cotton Market yesterday, and previous prices
were fully suppocted. The sales were 15,000 bales.
The half-yearly meeting of the proprietors of the
Union Bank of London has been held to-day, when
the report recommending a dividend of 12s. per
share woo unanimously adopted. It was stated that
the business of the company during 1860 had been
very satisfactory, the profits having amounted to
£170,000, and that there had been no bad debts
contracted during the past six months. With
regard to the Pullinger frauds, it was mentioned
that no further amounts had been regained, but
the matter was still pending, and an additional
recovery was hoped for by the directors.
At the half-yearly meeting of the London and
Westminster Bank, held to day, the report, which
declared a dividend of 6 per cent., with a bonus of
7 per cent., was unanimously adopted.
The Liverpool, New York, and Philadelphia
Company's steamer Etna, which sailed to-day from
Liverpool for New York, took £212,500 in specie.
Continued depression has been experienced in the
Market for Public Securities to-day, sales having
been pressed to some extent in consequence of the
unfavourable position of monetary affairs in France
as well as in this country. Consols have been 911;
for money, and 911 1 for account, but they are now
911 and 91: I respectively. The New Threes and
the Reduced have declined to 911 ; India Stock is
firmer at 219 and 220 ; ditto 5 per Cent. Loan re-
Mains at 1001 B ; the Debentures at 95f ; but
xchequer Bills are heavy at 7s. to Bs. discount;
13auk Stock is 2321 233. -
Business continues very quiet in the Foreign
Stock Market, and prices show very little altera-
tion. Turkish 6 per Cents. are 70 to 70/ ; ditto,
1868, 56 to 56; ; Russian 5 per Cents. are steady at
1041; ditto 41 per Cents., 1860, are flat at 901;
4nd Mexican at 20t 21.

The dealings in the Railway Share Market have
been rather active, and owing to a preponderance
of speculative sales, caused by the depression in the
English Funds, a marked decline has taken place
in the value of most of the principal undertakings.
North Western, and North Eastern (York), have
receded 10s. ; Caledonian, Eastern Counties, and
Great Western, 15s. ; Great Northern, Brighton,
and North Eastern (Berwick), £1; West Midland,
£l6s. ; and Midland and South Eastern, £1 10s.
In the Foreign Market there was very little
business recorded. South Austrian and Lombardo-
Venetia declined:to 12k.
The Colonial lines were also at decidedly reduced
values. Grand Trunk of Canada declined to 211-
22; East Indian to 97i 98k; and Great Indian
Peninsula to 95k,
Joint Stock Bank and Miscellaneous Shares
have continued very inactive, without any change
of importance in values. Ottoman Bank declined
61.; English, Scottish, and Australian Chartered
improved 6e.; and Electric Telegraph, £l.