The Sun.
London, England, 1859-12-21 00:00:00

MONEY MARKET VD CITY NEWS.

_..,~.~ -

CITY, Two O'CLOCK.

Although the export demand for gold continues
active, the receipts from Australia and America are
sufficient for the purpose, and the consequence is
that very little movement is reported in the
bullion department of the Bank of England.
The metallic reserve, therefore, still exhibits
an immense neeitimilation. the total last week
being within a few thousand pounds of seven-
teen millions sterling. Moderate consignments
are received from the United States, notwithstand-
ing the recent decline in the exchanges, and large
quantities of specie are known to be coming for-
ward from Victoria; under these circumstances it
ZS expected that the bullion will continue at a high
point until the payment of the dividends next
month ; and, in stimulating the circulation of coin,
Will no doubt lead to a temporary diminution.
In the Liverpool Cotton Market yesterday, only
a very small amount of business was transacted,
and prises were unaltered. The sales were 4,000
bales. The Railway Share Market closed quietly,
and a slight decline was apparent in quotations.
The foreign exchanges yesterday afternoon ex-
hibited a slight decline in the rate on Hamburg.
The demand for money in the general discount
Market yesterday rather increased, and it is ex-
pected that greater activity will prevail during the
next few 'days, owing to the requirements of the
Commercial community. The rates charged for
accommodation remain without any change of im-
portance.

The market for English Securities presents a
very quiet appearance, business being curtailed in
consequence of the approaching holidays. Specu-
lation is exceedingly dull, and very few bargains
are recorded on behalf of the investing public,
Whose attention has been lately diverted to new
joint-stock projects. Consols have been 95a 1, being
Per cent. higher than at the close of the market
Yesterday. The New Three per Cents. and the
Reduced Annuities are firm at 95 ; India Loan
Debentures (1858) remain at 97! ; ditto (1859)
have improved to 97!a ; Exchequer Bills are 28s.
to 31s. prem.

A fair amount of business has taken place in the
Foreign Stock Market, and prices are tolerably
Well supported. Turkish 6 per Cents. are 77 to
771 ; ditto New, 641 to 641 ; and the 4 per Cents.
104 ; Portuguese 3 per Cents. are firmer, at 46i ;
Dutch 21 per Cents., at 661 ; Mexican are steady,
at 22f ; and Sardinian, at 841 to 85 ; Chilian 4i
Per Cents, are flat, at 87i ; ditto 3 per Cents: are
Parked 72.
'.The Ocean Marine Insurance Company's shares
are lz to 11 premium, and the Universal ditto,
preen.
The San Paulo Railway Shares are quoted to
s prem.

A very moderate amount of business has been
transacted in the Railway Share Market, and se-
`feral of the principal lines show less firmness in
Price. Great Western, Brighton, North Western,
and Manchester, Sheffield, and Lincoln declined
58• ; and Eastern Counties and Great Northern, 10s.
The Foreign lines have shown little variation.
/labia and San Francisco are at 5 ; Lombardo-
Venetian have improved to 12: to 13; and Per-
alnbuco declined to 12i 121.

, In the Colonial Market Grand Trunk of Canada
aeclined to 411-; Great Western of Canada are
steady at 131 ; and East Indian at 1021 1031.
Joint Stock Bank and Miscellaneous Shares
remain inactive, at former prices. Bank of Egypt,
lowever, have declined ss. ; and London and
elQunty improved ss. ; Peninsular and Oriental
Steam, Peel River Land, Van Diemen's Land, and
li
13erlin Waterworks realised former quotations.

BRITISH FUNDS—CLOSING PRICES.
a pergir Cent. Reduced Annuities 9si a i
A " 3 per Cent. Annuities
'&4118. 30 Years, expire sth April, 1885 •
bl),..itto Enfaced Paperr
quiia Stock
95/ 6

'to Debentures, ISSB
r, Ditto, 1859
Ormolu for Account (Jan. 10)
India Stock for Acounnt —
„Ditto, 1859, 5 per Cent.
nxchequer ills, £
3,000, lid..
Ditto Small, Blld. 28
FOREIGN FUNDS—CLOSING PRICES.
th
-enos Ayres, 6 per Cent ... .• •• • -
CDitto Deferred
'Lilian, 6 per Cent
Ditto 3 per Cent.
tibiae 4/ per cent
wtextaaa 3 per Cent.
P mAacleeount
I,`.llturueso 1853, 3 per Cent.
4411)ttiot.t:
46f
.Psian, 1822, £ St., 5 per Cent
SardinianDitto per Cent.
5 er Cent
bitt P 84! 5
1., 0 Account
*l4lisli 3 per Cent.
I)...tiiittttoo
ANexcwonDnetferred, 3 per Cent.
331
1 iiitto Passive
tirkigh. 6 per Cent 77
Ditto
Ditto Account
641 1 5
Ditto Guaranteed, 4 per Cent.
b Dividends on the above payable in London..
401 ExchrAnge, 12 Guil. 21 per Cent 661 6
THREE O'CLOCK.

Consols, Money
Ditto Account (Jan. 10) .. 95! a x d