The Sun.
London, England, 1861-04-10 00:00:00

MONEY M. 41 .KET AND CITY NEWS.

CITY, Two o'CLocI.

There is no further alteration in the general
appearance of the Money Market, but the tendency
continues favourable, and a further decline in the
minimum rate of discount is expected at an early
date. The opinion prevails in some quarters that
an immediate reduction will be announced, but the
general impression is that a delay of at least
another week will intervene, notwithstanding
the easier terms upon which the mercantile com-
munity are now enabled to obtain supplies; how-
ever, trade in almost every department continues
inactive, and the inquiry for commercial purposes
18 still exceedingly moderate. As the Banks and
discount houses have abundant supplies they are
willing to employ them at lower rates rather than
keep them idle and unproductive.

A small amount of gold, viz., £6,000, was sent
into the Bank of England yesterday.

The Foreign Exchanges yesterday afternoon
exhibited a slight decline in the rates on Amster-
dam, Hamburg, and Paris; but on Antwerp,
Vienna, and Trieste, the quotations were rather
higher.

Gold is now 5-lOths per cent. dearer in London
than in Paris, and about 4 -10ths per cent. higher
than in Hamburg.

The interest, viz., 6 per cent. per annum on the
shares, and 5 per cent. upon the Bonds of the Royal
Danish Railway, w ill be paid on and after the 25th
inst.

Business in the Liverpool Cotton Market yester-
day continued active, and the previous advance was
fully maintained. The sales were about 15,000 bales.
The Market for Public Securities opened firmly,
and a rise of k per cent. speedily occurred, but to-
wards the afternoon sellers appeared and a reac-
tionary tendency became apparent. The art ival of
lower prices from the Paris Bourse also produced
an unfavourable effect. Consols for money have been
91a and 91 it, for the 10th pros. they have been
911 92, and 91-1 The New Threes and the Re-
duced are firmer, at 891 901 ; Bank Stock is 227
and 2281 ; the 5 per Cent. Annuities are 107 ;
India Stock remains at 2201 and 222 ; ditto 5 per
Cents., at 1001 ; and ditto New Scrip has improved
to 100-7, ; and Exchequer Bills are steady at 7s. to
3s. discount.

Foreign Securities have been dealt in to a fair
extent, and quotations are generally well supported.
Turkish 6 per Cents. are 701 71 ex. div. ; ditto 1858,
531 .54 ; Mexican remain at 234 ; Sardinian are
firmer, at 82; Dutch 4 per Cents., at 981 ex. div. ;
Buenos Ayres, at 891 ; and Chilian 41 per. Cents.
have improved to 821 83 ; Brazilian are steady, at
99.

In the Railway Share Market only a moderate
amount of business has been transacted, and prices
have undergone little change of importance.
Eastern Counties and Norfolk have declined about
55., while Great Westerns have improved 10s.;
North Western, Brighton, Midland, and South
Eastern maintained previous rates.
The Foreign and Colonial Markets have been
dull, and prices are a shade flatter. South Austrian
and Lombardo•Venetian realise 14; Grand Trunk
of Canada have declined to 19k; Great Western of
Canada to 112 ; East Indian to 981; and Great
Indian Peninsular to 91 and 941.

Joint Stock Bank and Miscellaneous Shares
continue at almost previous values. Union of
London realise 231 1. Crystal Palace Stock has
advanced to 31, and Peninsular and Oriental
Steam to 69 and 691.

B MTISH FUNDS—CLOSING PRICES.
Bank Stock .. 2281 27
..
3 per Cent. Reduced Annuities B9/ I 90 k
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
6 per Cent. Annuities
India Stock. .. ..
Ditto 5 per Cent .. _ lOO 1 100
Ditto Scrip
Ditto Entaced Paper, 4 per Cent
Ditto 5 per Cent.
Ditto 51 per Cent 994 100
Ditto Debentures, 1858
Ditto 1859 96
Coßeols foilA.ccount, May 9
Exchequer Bills, £l,OOO, 2d.
D ~e £500
Ditto Small
vo REIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent .. 99
Ditto 41 per Cent. 1858 .. Bot
Buenos Ayres, 6 per Cent.
I)itto Account
Ditto Deferred
Chilian 6 per Cent.
Ditto 41 per Cent,
Mexican 3 per Cent ..
Ditto Account
Sardinian 5 per Cent
Ditto Account

Spanish 3 per Cent.. .
Ditto Passive
Turkish 6 per Cent • •
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Cent.
THREE O'CLOCK.
Consols, Money 9ll 4
Ditto Account 9lt

RESIGNATION 01 MR. EDWIN J MES.

It will be seen from the subjoined address that
Mr. Edwin James has determined to resign his seat
in Parliament, and that a vacancy in the represen-
tation of the borough of Marylebone is imminent.
Gentlemen,—With deep regret I return into your
hands the trust you have twice confided to me
as one of your representatives in Parliament. I
deem it an imperative duty to make this com-
munication first to you, and at the earliest mo-
ment of my resolve. The faithful discharge
of the onerous functions devolving upon a mem-
ber for so large a constituency as yours, and the
constant attendance at the discussion of all ques-
tions affecting your interests, require a correspond-
ing sacrifice of my professional pursuits, which I
cannot, at present, afford to make. I did not seek
the representation of your borough as an empty
honour ; it was my earnest wish, as it has been my
sincere endeavour, to prove myself worthy of the
confidence you reposed in me, and I have devoted
my time and faculties to the study and promotion
of your interests. I have seldom been absent from
a division, and I resign my seat—the retention of
which I would not dishonour for any personal ad-
vantage—the moment I find that the punctual and
strict performance of my duties as your member is
inconsistent with a more assiduous attention to the
claims of my profession. My memory will treasure
to the last hour of my existence the recollection of
the honour you have conferred upon me, and the
esteem and friendship of many of you will, I hope,
remain unchanged by the severance of our political
relations.--Believe me, &c., EDWIN JAMES.—Tem-
ple, April 9, 1861.

MR. WYLD AND HIS CONSTITUENTS,—Mr. Wyld,
one of the members for Bodmin, addressed a large meeting
of his constituents in the Guildhall on Monday evening.
Mr. Wyld said it had always been his custom to visit his
constituents at least once a year, not precisely to give them
an account of his stewardship, but, as it were, to take
counsel of them upon the events of the day, to repeat to
them some of the events that had passed, and to judge what
his and their conduct would be in the future. Last year he
had not the good fortune to present himself to them, and
he was then engaged on a matter which he trusted would
not be distasteful to them. The Parliamentary session had
been a long and wearisome one. During the session of
that Parliament there was an arduous struggle going on in
the Peninsula of Italy, and a man whom he was proud to
call his friend—Garibaldi—was strug., ling there to emanci-
pate his country, and to confer freedom upon some twenty
millions of people; he (Mr. Wyld) had humbly assisted
him during the earlier part of the year, and he went out to
see what assistance he could render him at a later period of
the year. Mr. Wyld proceeded to say that, in his opinion,
there were only three great events of the last session of
Parliament which were for a moment worthy of considera-
tion—namely, the Reform Bill, the commercial treaty with
France, and the attempt to repeal the paper duty. After
commenting upon these subjects, the hon. member entered
into same statistics respecting Parliamentary Reform and
the army and navy, and gave his opinion that Ministers, as
men of honour, were bound to bring forward a Reform Bill.
Mr. Tomkins proposid, and Mr. Seantlebury seconded, a
vote of confidence in Mr. Wyld, which was adopted ; after
which Mr. Burton proposed a resolution whereby the meet-
ing expressed its indignation at the great increase in the
taxation of late years. This was seconded and also carried,
after which the meeting separated.

CABINET COUNCIL—The Cabinet Council origi-
nally summoned for to-day has been postponed till to-mor-
row (Thursday), owing to the indisposition of Viscount
Palmerston. 'We understand that the Premier fully in-
tended to leave Broadlands for town on Monday, but he
has been detained at his cousitry selt by an attack of gout.
Ilia lordship will, in all probability, be able to come to
town from Hampshire to-day. The announcement in an
evening paper that there was a Cabinet Council yesterday
at the First Lord of the Treasury's official reside-Ic^, in
Dowuing•street, is without foundation.