The Press. — London, England, 1858-12-25 00:00:00

lands. demand capital, doors ; and the rates, notwithstanding the cornpeti• Lion, still approximate, being '2l per cent. It is stated that on Tuesday some special transactions took place in Lombard street at 2} ; but if they took place at all they were purely exceptional, and afforded no real indication of the present tendencies of the market. At 2 per cent. active employment is found for money; and so long as that is the case there is no probability of lower terms being generally conceded. The supplies are ample ; but we anticipate consider able tightness during the few remaining days of the year, notwithstanding that the bulk of the ordinary transactions arising from the period are substantially closed. But though the supplies remain ample and no particular pressure has been experienced, the market has exhibited some degree of sensitiveness during the week. This has arisen not from any tendency to unhealthy speculation in trade, or from any sense of commercial embarrassment, but from certain intimations that early next year considerable demands may be made upon the market by foreign powers as well as by domestic projectors. Itissia and Austria are both expected to negotiate leans in this market. Both have powerful interests here, and they will obtain what they want if the terms era at all rea• sellable. They will probably require not less than from twelve to fifteen millions. The Government of India will, it is commonly thought, find their necessities too pressing to avoid a larger exercise, if not a parlia mentary extension, of their borrowing powers. Then we all know that the Government of the Province of Victoria propose to borrow 7,000,0001. in the course of the next four years, and that a portion of their bonds are already being quietly placed. In addition to this, various schemes are now being introduced the united capital of which cannot be estimated at less than 4,000,0001. There are, further, a host of others which will only be proposed when th, impulse to engage in speculative adventure is more visible than it now is. Observing these things, it is not surprising that, notwithstanding an absolute condition of ease, and with the certainty of its means being enormously enlarged by the middle of January, the market should occasionally manifest some slight symptoms of un easiness at the probable demands upou it at no grea distance of time. If the mania, which many persons apprehend next year, comes at all it will not come with a rush. The banking and capitalist interests are wary enough and strong enough to prevent that. It will rather be preceded by a sense of difficulty ani tightness in obtaining money from the efforts to prevent it ; it will, according to present appearannes, come gradually, but there is every reason to expect that when it does come it will be coon arrested by the general intelligence. Meanwhile the present temper of capitalists and money holders is one of caution. Though they lend and make advances freely at the market price, they are uniformly looking a long way ahead. The Eastern Exchanges have created a very active demand for silver, and heavy purchases have been made upon the Continent for transmission to India and China. The payment for these purchases, added to the independent demand for gold, which is still only partially satisfied, has swept away the whole of the imports of bullion mentioned in our last, with the exception of about 30,0001. sent into the Bank. More than 500,0001. have been absorbed for this purpose ; tbere is now no bullion upon the market, so that if the demand continues, and the 400,0001. Australian gold expected by the Kent is delayed, recourse must be had to purchases from the Bank. It was expected up to this morning that the late shipments of silver to the East would be sufficient to turn the Exchanges in favour of this country ; but the telegrams of the Calcutta and China mails, received yesterday, showed the exchange at Shanghai on this country to be at Os. 9d. per dollar. This is a very decided advance ; and it immediately caused the price of silver to advance, and stimulated the demand. Some supplies of Russian gold have possible exaggerate the dulness that has prevailed among the dealers and brokers. Both have been standing still for want of something to do; and neither perhaps ever endured a week of greater discouragement than the present. On all sides the expressions have been those of disgust and annoyance at a state of things so unprofitable. The Government broker has made daily purchases of about 15,0001. stock, either in Reduced or New Threes, and some brokers have had so little to do that they have been glad to catch his eye in order to get " a turn " out of him. Prices have not materially varied since our last, though shares have been tolerably good. Con.zols, which last Friday closed at 96/ to j ex div., fell on Tuesday to 96i to 1, the lowest of the week; but the general range has been from 961 to 97. On Wednesday they were for a time at 961 to 97, but they closed at 961 to I. Yesterday they opened at 961 to ex div., and improved to 1161 to 97. But the Indian telegrams effectually neutra lized this advance, and they closed dull at 961 to I. Foreign Stocks have been exceedingly quiet, and, on the whole, they are a shade lower than this day week, principally from the want of busines. Turkish stocks have been rather pressed, but there is no great change in price. Chilian Loan i to prem.—almost neglected. It was thought that the Message of the American President might produce some effect upon Mexican stock, but it did not. Russian and Austrian stocks have been weaker. Railway Shares have, particularly the heavier de scriptions, rather improved since our last—perhaps to the extent of three•eighths per cent. Busi ness in them is extremely inactive. The absence of buying orders has been the chief impediment to an advance, but the tone at the close to-day was good. The other departments of the market have pre. rented no features to call for special remark, except it be their uniform dulness, which has been extreme. To-morrow being Christmas-day, all the City establishments will be closed, and Monday will be obsened as a partial, if not as a general, holiday. The stock Exchange will be closed. A firm of distillers at West Ham suspended pay ments on Wednesday.• The Provincial Trade Reports of the week are generally sa isfactory. The year is closing with good hopes for that which is coming, particularly for some of the export trades. The home demand for manu factures, which bai been active for some time, is brisk, and it shows no signs of abatement. EDWARD HODGES BAILY, the favourite pupil of the illu.ttious Flaxman, and the sculptor of one of the most poetic groups in English art, " Eve at the Fountain," has retired (says the Illustrated London News) from the art he advanced—not too well off, we are sorry to hear—fuller of honour than of riches. His last work was the model for the St. Paul's statue of Mr. Ruskin's Turner. But the Turner statue was given to Mr. M‘Dowell, a younger sculptor, but one eminent in his art; and Mr. Baily has handsomely drawn his retiring mantle around him. Ho will be heard of hereafter as a master in his line. THE Rev. MR. SPURGEON, at a tea meeting last week, thus, apropos of his new tabernacle, denounced Gothic architecture :—They were going to build a large tabernacle, and he was sure they would have great success. They had done a great deal, but they ought to have done a great deal more. Same ought not to have done so much, but others had spared themselves, keeping back what was the Lori's, who made them the stewards of their wealth. They bad not done badly in collecting 9,0001., and buying a piece of land at Newington. In regard to the Gothic design for churches, he could never snake himself heard in them, and could easily see that the devil in vented it. Mn. GRAVES, of Pall mall, the print publisher, is about to erect a monument over the grave of Sir Robert Strange, the great engraver, in the church of St. Paul, Covent garden. THE SUEZ CANAL, which will, it is said, be com menced uext year, was thus remarked upon by a shrewd American the other day :—" If the French and Russians begin to make that canal, I guess England and the United States will take their shovels and go and fill it up as fast as they dig it out." SPIRIT RAPPING has come out in a nrw style, and rather an aggressive attitude. A body of these sin gularly endowed people in Dudley have assumed a mission from the spirits to convert the religious bodies in the neighbourhood to the Spirit Truth, and for that purpose have gone in a body to the Primitive Methodist Chapel, where they fall to ranting and raving, and smiting their breasts, and making a fell THE PRESS DECEMBER 25 1858 • 1,`467 Arz4. been received during the week, but they have been distu r b ance- L ega l p rocee di ngs are b e i ng ta k en , FAQ 1 Witt Yli4tg flitlll3tll.l4 small, and were at once purchased for the Continent. with th e v i ew o f b r i ng i ng th e di sc i p l es o f a rays! Owing in part to the period of the year, but much terious agency to their senses. more to a wholesome uncertainty as to the issues, A GREY HERON was shot a few days ago in the FRIDAY MORNING. there has been little or no speculative business Habra, a subdivision of Oran, in Algeria. Attached Tns Money Market has undErgone no considerable upon the Stock Exchange this week either in stocks to one of it s l egs was a r i ng i n cop p er , b ear i ng t h e or shares. The rule has been t, close and not to royal crown of Holland, and in English the inscrip- variation since our last. Thera has been a good open transactions ; and as there has been very little tion, " Royal Hawking Club, 1850 ; Loo, Nether- demand for capital, both at the Bank and out of bona-fide business, it is not possible to exaggerate lands." BIRTHS. BUXTON—On the 20th ins ant, in Grosvetior-oreseent, Be 1- grave.square, the wife of Charles Iluxtou, Esq., M.P., of a daughter. CLIFFORD—On the 17th instant, at Ugbrooke, Lady Clifford, of a Con and daughter. DIGBY—On the 20rh instant, in Belgreve•aquare, Lady Digby, of a eon. METEIUEN—On the 17th instant, at Leamington, the Ilan. Sirs. St. Juhu Methuen, of a daughter. MARRIAGES. HAVELOCK—CREAK—On the 10th instant. at Stoke Dameril, Devon, Joshua, son of the lace Mejor•General Sir Henry Havelock, 1i.C.8., to Isabella Louise, daughter of the Ism Win. Creak, Eng., Commander H.S. NIAC AGHT E N—MA RT I N—On the Nth instant, at St. Peter's Eaton.equare, Edward Manner:lion, Esq., sou of Sir Edmund Workman Macriag,huin. Bart.. to Frances Arabella, daughter of the Hon. Sir :Mutual Martin, one of the Barons of her Ma• .. jesty's Court of Exchequer. WINGFIELD—CLEVELAN D—On the Ist ult., at Bangalore, Captain Walter Cloptou Wingfield, King's Dragoon Guards, to Alice Lydia, daughter of Major-General Cleveland. DEATHS. BALGUY—On the IGth instant, at Duffield. near Derby, John lialguy, Esq., Recorder of Derby, aged 76. BINGHAM—On the 18th Instant, in Raker-street, Portman. square, Agnew Maria, daughter of the late Rev, Win. Bing ham, D.D., Archdeacon of London, aged 76. BURNABY-ORNENP.—On the 15th instant, at T.ongparish, Hants, Mrs. Anne Dorothea Buruaby.tireene, aged 97. CRAWLEY—On the 17th instant, at Broughtons, Gloucester shire, the Rev. Win. Crawley, sou of Sir Thomas Crawley Buevey, Bart , aged 67. GRTMSTON—On the Bth instant, at Pembroke, Olivia, wife of Captain Walter Grimsion, Royal Artillery. JOHNSTONE—On the loth Instant, at Holyrocel Palace, Julia Johnstone, daughter of Colonel Guy Johnstone, aged 88. LAMBERT—On ths 17th instant, at Aston House, Oxfordshire, Sir Henry John Lambert, Bart., aged 66. MAYO—On the lOta instant, at Colesgrove, Cheshunt, Herta, the Rev. Charles May), aged ttl. POLTEMORE—At Poltimore Park, Devonshire, the Right Hon, George Warwick, Lord Poltimore, aged 72. QORTIE DE BAL, OPERA, and EVENING CLOAKS, in all the New Colours, 10s. ed. to 60s. Peshawur Jackets for Evening Costume In Iloac, White, and Sky Cashmere, beautifully designed, 18s. 6d. and 20s. Peshawur Opera Cloaks for Young Ladies, in charming colourings, One Guinea. BALL DRESSES. New Souffles Tarlatan Robes, with Two end Three Flounces, 10s. ad. to 21s. The Skirt mode complete. The New Sole des Fees Robes, with Double dupes or Two Flounces. (This texture is not easily Ignitable.) Darege de Soie—d tracers—for Young Ladies' Ilall•Dresses, cut In any lengths. Laces and Muslin Dresses in endless variety. SEWELL and CO., Compton House, Frith Street. MEmus CHRISTMAS and NEW YEAR'S GIFTS.—The almost tuauperable difficulty so frequently experienced in the selection of an kmropriate article for pre sentetion, which will fully convey. In en acc-ptable. attractive, anti useful form, the kindly intention of the giver, and at the same time merit the appreciation au l regar 1 of the recipient, is now entirely removed by an inspection ..f the varied attractive manufactures in the magnificent Show Rooms of Mr. MEC ti I'S ESTABLISHMENTS, 112, Regent Street, W.: 4, Leadenhall Street, E.C.. London ; and at the Crystal Pa'ace. Sydenbem • consisting of the newest and cho - cein p Awns in Ladies anti Gentlemen's Dressing Cases, Wok Boxes, Writing Desks, Dressing anti Carriage Bags, inkstands, Bagatelle Tables, Caskets. Tar.s.as, French Bronzes, and Bijoux, of the most novel description. The Papier Mache Department presents a largs variety of the moat beautiful designs in Work Tables, Chess Tables, Desks, Blotting Cases, Inkstands. Tea Trays, Pole Screens, Tespoys, Envelope Cases, Multtformies, Cabinets, Tea Cheats and Caddies, Jewel Boxes, &o. Table and Small Cutlery of every description. Sams prices charged at all the Establi.b,- ments, anti any auricle exchanged if not approved. DR. DE JONGIIII (Knight of the Order of Leopold of Belgium) LIGHT-BROWN COD LIVER OIL, Prescribed, in consequence of its immeasurable superiority over every other kind, es the safest, speediest, and most effectual remedy for CONSUMPTION, lIRONCIIITTS, COUGHS, °OUT, RHEUMATIAN, NEURALGIA, DISEASES OF THE SKIN, INFANTILE WASTING, RICKETS, ORNERAL DEBILITY, AND ALL SCROFULOUS AFFECTIONS. OPINION or G. R. BARLOW, Esq., M.D., F.R.C.P., Physician to Guy's Hospital, itc. dr. "I have frequently recommended persons consulting me to make use of 1/r. de Jongh's Cod Liver Oil. 1 have been well satisfied with its effects. and believe it to be a pure Oil, well fitted for those cases in which the use of that substance is in. dicated." Sold ONLY In IMPERIAL Hslf•Pints, 2s. 6d.; Pints, as. 9d.; Quarts. 90., capsuled, and labelled with Da. DC Jonox's aigra ttlre, WITHOUT WHICH NONE CAN POSSIBLY BC OE/40NR, by respectable Chemists. ■OLR ACIEN fft, ANSAR, HARFORD, and CO., 77, STRAND, LONDON, IV.O