The Sun.
London, England, 1861-01-08 00:00:00

MO .I.E) 1V1.414KE7' _4.1t71) CITY 11)Eril)'.

CITY, Two o'CLocK.

The Council of the Bank of France raised their
rate of interest and discount this morning from 571-,
to 7 per cent. There i 3 reason to believe that the
Parisian money market is in a very unsatisfactory
state, the American panic having produced an
exceedingly unfavourable influence in France as
well as in this country.

A quieter feeling is reported in our own market,
the uneasiness occasioned yesterday by the proceed-
ings of the Bank directors having slightly abated.
Full rates, however, are enforced, and the banks
and discount houses, although disposed to charge
rather less than 7 per cent. for first- class short
dated bills, are still restricting their operations.
The Foreign and Colonial Produce Markets,
during the last few days, have been very dull, the
operations in most of the principal staples having
been checked by the advance in the value of money.
Sugars have declined about 6d. per cwt., while the
transactions in coffee, fruit, and spices have been
on the most limited scale, at barely previous rates.
The Tea Market has remained very quiet, but there
has been a steady demand for rice, cocoa, and
tallow, in the latter instance chiefly for consump-
tion, and prices have shown an upward tendency.
P.Y.C. on the spot being now quoted 60s. 6d. per
cwt. ; June delivery, 595. ; and last three months,
575. 6d. per cwt.

There were no gold operations at the Bank of
England yesterday, but it was reported that the
authorities had sold £200,000 of sibTr for exporta-
tion to the East.

The bar silver, by the Seine, from the West
Indies, has been disposed of at ss. lid. per oz.
standard.

In the Liverpool Cotton Market yesterday, busi-
ness was checked by the announcement of the
advance in the rate of discount ; prices, however,
Were fully supported. The sales amounted to
10,000 bales.

The traffic receipts of the Great Western Railway
of Canada, for the week ending the 21st ultimo,
exhibited an increase of £6l compared with the
same period in 1859.

Further indications of heaviness have been exhi-
bited in the English Stock Market to-day, the
position of monetary affairs at home, and the rise
in the rate of discount in Paris having stimulated
sales on speculative account. Consols for the 10th
have been 91/ Z, but they are now 91-1 1, and for
the February settlement they are 91/ I. The New
Threes have receded to 911 ; the Reduced to 911 1;
India 5 per Cent. Loan is 1001 101 ; and Exche-
quer Bills have advanced to 2s. dis. and 2s. prem,
Rather more activity prevails in the Foreign
Stock Market, but prices show increased heavinessn.
Turkish 6 per Cents. are 691 to 70; ditto New,
551- to 56 ; and the 4 per Cents. remain at 1021.
Mexican have receded to 20i 21; Peruvian to 95;
Sardinian to 82 ; Spanish to 471; ditto Deferred
to 401 ; but Buenos Ayres are steady at 961.
There has been rather more activity in the Rail-
'Way Share Market, but a farther depression has
Prevailed, the decline in some instances having
amounted to fully/ to 1 per cent. Caledonian have
receded ss. ; Great Western, South-Western, Man-
chester, Sheffield, and Lincoln, North British, and
South-Eastern, 10s. ; Eastern Counties, Lancashire
and Yorkshire, and North-Eastern (Berwick), 15s. ;
Midland, £1; and Great Northern, £1 10s.
In the Foreign Market there was very little
business recorded. Great Luxemburg realised 61,
and Bahia and San Francisco 81.
The Colonial lines continue heavy. Grand Trunk
of Canada deClined to 22 and 221, Great Western
of Canada to 101 I, East Indian receded to 98 and
981, and Cape Town and Dock to 31.
Joint Stock Bank and Miscellaneous Shares
have been in very limited request. London and
County declined 55.; London and South African,
65., and Royal Mail Steam, 10s.

BRITISH FUNDS—ONE O'CLOCK.
4 per Cent. Reduced Annuities 9ll i I
% per Cent. Consols Annuities
New 3 per Cent. Annuities 9la I 1 /
India Stock....
Ditto .6 per Cent
Ditto Bonds £l,OOO
u itto under 11,000
Consols for Account, Jan. 10
lizchequer Bills, £l,OOO, lid
D tro £5OO 2 pm 2 dis
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 6 per Cent
Ditto 4} per Cent, 1852 .... 85-
Ditto 4f per Cent. 1810 B5l
nuenos Ayres, 6 per Cent
Ditto Account
knican. 3 per Cent .
Ditto Account
Peruvian 41 per Cent 95
Portuguese 3 per Cent.. 1853. • • ----
Ditto 3 per Cent., 1856, '7 and '9 —
Ditto Account
tussian 5 per Cent. 1822, £ St ..
Ditto 3 per Cent, 1859
Bardinian 5 per Cent.
Ditto Account
.6Parkish 3 per Cent
Ditto New Deferred
Ditto Account
~.BPanish Cert. of Coup. not funded 6/
rurkish 6 per. Cent —
Ditto Account
Ditto New Loan
Ditto Account
Ditto £lOO Bonds
Ditto Guaranteed, 4 per Cent.
Dividends on the above payable in London.
TWO O'CLOCK
Consols for Account, 10th Jan.. 9ll 1
Ditto February 9lk /