The Sun.
London, England, 1859-03-09 00:00:00

NONEY MARKET AND CITY NEWS.

CITY, Two o'CLoCK.

There is a steady demand for discount accommo-
dation in Lombard-street, but at the Bank of
England the inquiries have fallen off, owing no
doubt to the lower rates again accepted in the
open market for the negotiation of first-class secu-
rities. The terms range as low as 21 and 2k per cent.
The requirements of the commercial public are still
very moderate, but during the last few weeks th.e
uncertainty created by foreign politics has checked
operations, and to some extent may have influenced
the demand for accommodation. While the sup-
plies continue so extensive no permanent reaetion
in the terms is considered probable, and there are
several who anticipate a 2 per cent. minimum
before many months have elapsed, unless new
channels are opened, either in the shape of loans
or joint-stock companies, for the active employ-
ment of capital. One circumstance, which
strengthens the impression that the existing easi-
ness will be prolonged, is the steady influx of
Australian gold, and the limited exports which, if
Continued, must result in. a further accumulation of
bullion.
In the Foreign Exchanges yesterday afternoon
a considerable decline was recorded in the rates on
Vienna and Trieste.

About £13,000 in gold, principally by the Red
Jacket, was sent into the Bank of England yester-
day. The gold by the Atrato—viz., £7B,soo—from
the West Indies, has been taken for the Continent.

The steamer which leaves for the Brazils to-day
will convey £85,867 in gold and silver.
The Silver Market continues steady, and the
bars by the last West India steamer have been
disposed of at ss. 11d. per oz., showing no altera-
tion.

Accounts from Liverpool state that the Cotton
Market, yesterday, presented rather more anima-
tion, and prices of all descriptions continued
extreme. The sales amounted to 10,000 bales. In
tile Railway Share Market business was steady,
and quotations fully maintained.
The announcemont, last evening, that a slight
relapse had taken place in the Paris Bourse was
sufficient to affect the English Stock Market. At
the commencement of business this morning a
decline of about I, per cent. ensued, and an uneasy
feeling has been exhibited amongst the operators
for a rise, some of whom have realised, and this
has consequently created heaviness. The dealings
this morning have been very limited, and the
Market has been kept in a state of suspense
until the receipt of later advices from the
Paris Bourse, There is still a disposition to
entertain a favourable feeling with. regard
to the future ; but much anxiety, of course,
Still exists until continental affairs assume a more
encouraging appearance. Consols are about 951 96
for money, and 96 to 961 for the April account.
The Government broker has purchased £20,000
stock for the savings banks. Bank Stock has been
marked 227 and 2291 for special transfer ; the
Reduced, 96 for ditto, and the New 3 per Cents.
are flat at 961 a; Exchequer Bills, 365. to 395. ;
India Loan Debentures are 99, and the Bonds 20s.
Premium.

In the Foreign Stock Market about an average
amount of business has been transacted, and prices
l'emain without any material alteration. Turkish
6 Per Cents. are 93 to 931; ditto, New Loan, 791
to 80; Dutch 4 per Cents. are steady, at 100 k, Mexi-
can at 20i, and Buenos Ayres Deferred at 1811 ;
vonezuelan Deferred are flat at 17t, and Spanish
Deferred at 304 ; Russian 41 per Cents. are firm,
at 1001, and Sardinian at 821. The New Austrian
l'oan is 19 to clis.

The Railway Share Market has been moderately
active, but a downikvard tendency has prevailed in
some instances, while in others there has been a
slight improvement, owing to the favourable traffic
returns. Caledonians and Chester and Holyhead
have improved ss. ; Great Western and Midland,
103 ; and Great Northern, £l. Eastern Counties,
South Western, and North Eastern (Berwick),
declined ss. ; North Eastern (York), 10s. ; and
Brighton, £l.

The Foreign undertakings have been depressed.
Lombardo-Venetian have declined about 55., and
Paris and Lyons, 10s. Great Luxembourg brought
former rates.

In the Colonial Market, East Indian have receded
about 58. ; Great Western of Canada, 10s. ; Grand
Trunk of Canada have exhibited a considerable
improvement in consequence of the new arrange-
Ment published yesterday being quoted 35, 35i, 36.
Joint-Stock Bank and Miscellaneous Shares are
a shade firmer. London and County have improved
108. ; London and Westminster, ss. ; Electric Tele-
graph and Madras Irrigation brought former rates.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
Bank' Stock
~(3 per Cent. Reduced Annuities Shut 961
Uer Cent. Consols Annuities
New 3 per Cent. Annuities 96i i i i
Long Annuities, expire sth Jan., 1860 Shut
Ditto 30 Years, expire 10th Oct., 1859 Shut
Ditto 30 Years, expire sth Apr., 1885 Shut.
India Stock
Ditto Debentures 99
Ditto Bonds, £l,OOO
Ditto under £l,OOO
Consols for Account (April)
tXchequer Bills, £l,OOO, 2d. & 1.1 d.. 36 9 1
~PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Buenos Ayres, 6 per Cent. ......... .• • • •
Ditto Deferred
Atexinan 3 per Cent —
Ditto Account
Russian, 1822, £ St., 5 per Cent —
Ditto 41 per Cent.
Sardinian, 5 per Cent
Ditto Account
Spanish 3 per Cent
Ditto New Deferred, 3 per Cent.
Ditto Account . 30a
Turkish 6 per Cent —

Ditto Acscount
Ditto New Loan
Ditto Account
Venezuelan 5 per Cent.
Ditto Deferred
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 4 per Cent —
Ditto Certificates, 4 per Cent.
TWO O'CLOCK.
Consols, Money 95- 6
Consols- for Account (April) 96 k