The Sun.
London, England, 1861-05-15 00:00:00

JIONEY ..IIARKET AND CITY 'VIEWS'.

-ot- -,

CITY, Two O'CLOCK.

The continued withdrawal of sovereigns from
the Bank of England for transmission to America,
has given rise to the impression that increased firm
ness will be speedily experienced in the general
discount market, and the meeting of the Bank of
England directors is awaited with some
anxiety, because it is thought that they may
deem it advisable to adjust their minimum quotation
at a higher point. This expectation has had the
twofold effect of stimulating the demand for accom-
modation, and of inducing capitalists to ask in-
creased terms for the negotiation of commercial
bills. In the Stock Exchange there is an ample
supply of money, and the rates for loans on stock
rat:ge from 4 to 41 per cent.
In the Liverpool Cotton Market yesterday the
demand was very limited, and prices of all descrip-
tions were id per lb. lower. The sales were 4,000
bales.

The half-yearly interest on Brazilian 5 per Cent.
and the 41 par Cent. Bonds, and on Sardinian 5
per Cents. will be paid on and after the Ist prox.
About £lO,OOO in gold was sent into the Bank
of England yesterday, but 190,000 sovereigns were
withdrawn for transmission to America.

The Foreign Exchanges, yesterday afternoon,
were, in most instances, rather higher; the rates
on Austria, however, exhibited a considerable de-
cline.

Gold at Paris and Hamburg is now about 3.loths
per cent. cheaper than in London.
.....

The steamer Etna, Ns, hich left Liverpool to-day
for New York, took out £298,746 in specie.
There has been a very quiet market for Public
Securities to-day, and the few transactions recorded
have not led to any change in prices, Consols being
91: 4 for money, and 91Z- 92 for the account. The
market nevertheless continues heavy, owing to the
efflux of gold from the Bank and the expectation
that the rate of discount will be advanced. The
New Threes and the Reduced are heavy at 89: 8„
the New 2* per Cents. are 751, and Exchequer
Bills are firm at 4s. dis.; India 5 per Cent. remains
at 1011

Business in the Foreign Market has continued
very quiet. Mexican have improved to 23 231 ;
Brazilian 41 per Cents. to 881 ; Portuguese are
steady at 47k. Turkish 6 per Cents. are 701- to
71; ditto 1858, 551 to 564; ditto £lOO Bonds 59.
The chief transactions in the Railway Share
Market have been in connection with the arrange-
ments in progress for the liquidation ; speculative
sales, however, have preponderated, and a slight
downward movement has taken place in prices.
Lancashire and Yorkshire, North Western and
Manchester, Sheffield and Lincoln havejdeclined 55.,
and North Eastern (Berwick), South-Eastern and
West Midland, 10s. Caledonian have improved
about ss.

The Foreign and Colonial undertakings have also
shown some slight variations. South Austrian and
Lombardo-Venetian have improved to 16 and 161,
and Bahia and San Francisco realise 10 ; East
Indian have improved to 991 1001 ; and Great In-
dian Peninsula to 97 and 97k ; Great Western of
Canada have declined to 11, and Grand Trunk of
Canada are steady at 20.

Joint Stock Bank and Miscellaneous Shares
have been in very limited request. Oriental Bank
have receded ss. ; Peninsula and Oriental Steam
advanced £1; and Royal Mail Steam declined ss.

BRITISH FUNDS—ONE O'CLOCK.
3 per Cent. Reduced Annuities B9l 1
3 per Cent. Consols Annuities
New 3 per Cent. Annuities B9l 1 i
New 2i per Cent. Annuities 751
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l5l
India Stock
.• —
Ditto 5 per Cent
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent. 94
Consols for Account, June 6 .. 92 11
Exchequer Bills. £l,OOO, lid.
FOREIGN FUNDS—ONE O'CLOCK
Austrian Bondi, 5 per Cent. —
Ditto 1859
Brazilian 5 per Cent
Ditto 41 per Cent., 1860 .. 88 i
Mexican 3 per Cent 231 3
Ditto Account .. 231
Portuguese 3 per Cent., 1853. .. 471
Turkish 6 per Cent —
Ditto New Loan
Ditto £lOO Bonds ' 59
Dividends on the above payable in London.
TWO O'CLOCK.
Consols Money 9la
Ditto Account 9ll 2

ME MINISTER FROM THE UNITED

STATES.

His Excellency Charles Francis Adams, the
newly-appointed Minister from the United States
to the British Court, was one of the passengers by
the Niagara, which arrived at Liverpool on Monday
forenoon. He was accompanied by his wife and
daughter and two sons. Immediately on landing
they proceeded to the Adelphi Hotel, where shortly
afterwards he was waited on by his worship the
Mayor. He was also waited on by a deputation
from the American Chamber of Commerce in Liver-
pool, by whom he was presented with the following
address :

" To His Excellency Charles Francis Adams, Minister of
the United States of America, to the Court of St. James.
" We, the President and members of the American
Chamber of Commerce at Liverpool, consisting of English-
men and Americans engaged in commerce with the United
States, desire to tender our hearty congratulations to ycur
Excellency on your arrival on our shores. We rejoice
especially to welcome one bearing the honoured name of
Adams--a family which has already given two Presidents
to their country, and which gives promise in your own
person of attaining the eminence already acquired by your
predecessors. While we sincerely deplore the unhappy
differences which have sprung up in the United States, we
cannot but express a hope that even yet they may be ex-
tinuished without giving rise to those embittered flings
which are unavoidably engendered by civil war. We shall
at all times joyfully co-operate with your Excellency in any
measures that may be calculated to promote sentiments of
good will between England and America, and to perpetuate
those feelings of amity which have so long and so happily
prevailed between the two countries. Signed by order and
on belialf of the American Chamber of Commerce,
" S. B. Go lON, President, pro tem."
His Excellency replied as follows :
"Mr. President, and gentlemen of the American Cham-
ber of Commerce—l heartily accept your cordial greeting
on my arrival in this great city. It is now more than 40
years since I left these shores. I was then a boy, and now
I am past the age of middle life ; but the interval of time
has produced far greater changes in the relations between
the country I now represent and the kingdom of Great
Britain than any I can trace relatively in myself. As I
watched the process of discharging the letter-begs from the
steamer in which I had just made my passage, and reflected
how often the same process is now repeated by means of
such admirable nautical despatch, I felt in its full force the
ever-increasing magnitude of the commercial relations be-
tween the two countries, and the importance of aiding by
every practical method in developing them to their fullest
extent. The progress of your city, gentlemen, manifests
the great expansion of the same idea. Long may it con-
tinue, by cultivating the arts of peace, to present the strong-
est inducements to the preservation of
the two nations. I come here desirous only to develope the
fraternal feelings to which you have been pleased to allude
in your address to me. Such I believe to be the wish of
the Government of the United States, which has sent me,
as well as a very large portion of the people, irrespective of
any personal differences that may now unhappily prevail
among them. Permit me here to concur with you in the
hope and the trust that time and trial will bring round a
better state of feeling there, so that we may all once more
unite and co-operate in the blessed work of promoting the
prosperity of the civilised world. Not doubting that this
would be joyfully hailed by you in your respective useful
vocations on this side, I can only pledge to you all my in-
dividual efforts to contribute to the same result."
His Excellency left Liverpool by the 3 40 train en
route for London.