The Sun.
London, England, 1864-12-31 00:00:00

MARCH.

12th—Inundation at Sheffield from bursting of reservoir
during the night. 240 persons drowned and damage
variously estimated from £500,000 to £2,000,000.
17th—Recovery of Confederate Loan, which was re-
c9ntly at 43, to 54, on news of various Federal revs rses.
Premium on gold at New York 62 per cent., being higher
than at any time during the preceding 12 months.
Loan of £1,000,000 sterling in 7 per Cent, Bonds, at 88,
for the Republic of Bolivia, introduced by the London and
County Bank. Subsequently withdrawn owing to absence
of subscriptions.

APRIL.
let—Business of Jones Lloyd and Co. transferred to the
Lowlon and Westminster Bank.
4th—Venezuelan Loon of £1,500,000 Six per Cent. Stock,
at 60 (or reckoning allowances at 55), introduced by Gene-
ral Credit Company, with security of export duties.
7th—Budget of Mr Gladstone. Surplus of past year
£2,570,000. Income•tax lowered from 7d to 6d, involving
sacrifice of £1,200,000. Duties on sugar reduced on an
average one third, involving estimated loss of £1,330,000.
Duty on Fire Insurance on stock in trade reduced 50 per
cent. involving loss of £192,000. Minor charges, mainly
affecting tea dealers and hawkers, removed to extent of
£lO,OOO. Estimated surplus on the Ist of April, 1865,
£238,000. . . . .

9th—Acceptancea of Mexican throne by the Archduke
Maximilian of Austria.

11th—Swedish 4i per Cent. Loan of £2,223,000 intro-
duced by Messrs. Schroder and Co , at 92i, or 911, reckon-
ing allowances.
Adjustment of Mexican Debt by acceptance of £1 lOs
cash, and £47 10s Three per Cent. Stock for arrears of £3O
interest. The annual dividends, both on old stock and
new, to be secured by cash retention from new loan of
£8,000,000, about to be contracted.
Third anniversary of the outbreak of the Ameecan civil
war.

13th—Amalgamation announced of Messrs. Masterman
and Co. with Agra and United Service Bank.
16th—Proposals issued by Glyn and Co. and the Inter-
national Financial Society for Anglo-French 6 per Cent.
Mexican Loan of £12;365,000, at 63, or 611 reckoning
allowances. Proceeds of £4,365,000 of the bonds to be paid
to the French Government.

17th-IZussian 5 per Cent. Loan for £6,000,000 at 85,
introduced by Barings in London, and Hope and Co. in
Amsterdam.

Gold in the United States during this month touched 89
premium, or about 16 per cent. higher than had been pre.
viously attained during the war.
MAY.

Ist—United States import duties increased 50 per cent
for ensuing 60 days. New income tax adopted, increasing
in proportion to wealth of payer, and not on a uniform per
tentage.
2d—Bank discount raised to 8 per cent.
3d—Consols 901, on doubts as to results of Danish Con-
ference and arrangements for sending British fleet to the
Baltic.

4th—Federal army under General Grant crossed the
Rapidan for the capture of Richmond. Attacked by Gen.
Lee on the following day, when continuous fighting followed
for seven days, during which the Federal loss was variously
reported to be from 40,000 to 80,000.
6th—Bank of England discount raised to 9 per cekt. For
exceptional advances 10 per cent charged.
6th—Bank of France rate raised from 6 to 7 per cent,
and again on the 9th to 8 per cent,
10th—Naval success of the Danes against the Austrian
squadron of Heligoland. Agreement of London Conference
for suspension of hostilities between Denmark and Germany
for 30 days.
19th—Bank of England discount reduced to 8 per cent,
and Bank of France to 7 per cent.
26th—Bank of England discount reduced to 7 per cent,
and Bank of France to 6 per cent.
JUNE.

16th—Bank rate of discount reduced to 6 per cent.
19th —Fight between the Alabama and Kearsage off
Cherbourg, and sinking of the Alabama.
22d—Amalgamation of Glyn, Mills, and Co., with Curries
and Co,

25th—Break •up of the London Conference on the Danish
question, and failure of the efforts for peace ; Console, 89k.

JULY.

Ist—News of fresh Federal repulse at Petersburg, Vir-
ginia; gold at New York, 150 prem.
7th—Termination of debate on proposed vote of censure
on Government on Danish Question; majority in favour of
Government, 18.
14th—News of gold at New York having touched 280.
Resignation of Mr Chase, the Secretary of the Treasury.
A few days subsequently gold touched 285.
15th—Recovery in the Confederate Loan to 80,

20th—Suspension of East of England Bank at Norwich
with liabilities for £600,000. In the liquidation it was found
that besides losing their invested capital the shareholders
would have to make up a deficiency of about £120,000.
2tth--Bank discount raised to 7 per cent.
AUGUST.

3d—Reserve of notes at the Bank of England £4,892,785,
being the lowest point touched since the panic of 1857.
4th—Bank rate of discount advanced to 8 per cent., and
81 and 9 per cent. charged for special advances.
17th—Confederate Loan at 8) ea news of defeat of Gen.
Grant in his mining assault on Petersburg.
SEPTEMBER.

Bth—Bank of England discount advanced to 9 per cent.
Consols 87—the lowest price touched since the panic of
1857, when they went to 86i,
9th—Bank of France rate advanced from 6 per cent. to 7.
10th—Interest on March Exchequer bills raised from 3
to 4 per cent. Confederate Loan, 85.
13th—Fall of the Mon Ministry at Madrid, including
that of the Finance Minister, Senor Salaverris.
17th—Failure of the Leeds Banking Company, with
liabilities for about £2,C60,000 or £3,000,000.
OCTOBER.

Ist—lnterest on India Bonds raised from 4 to 6 per cent.
17th—News of failure of banking and other establish-
ments at Rio de Janeiro to the amount of £11,000,000
sterling.
20th—Midi ling Orleans cotton which had stood at 31d.
on the 2d of the preceding month, quoted 23d. Many small
failures at Liverpool, Manchester, and elsewhere.
29th--News of new seizure by the Government of Vene-
zuela of the revenues hypothecated to the bondholders.

NOVEMBER.
3d—Bank of France discount reduced to 7 per cent.
10th—Bank discount reduced to 8 per cent.
12th—Failure of Fox, Haliday, and Co., East Indir mer-
chants, for £1,900,000.
15th—Proposals issued by Messrs Fruhling and Goschen
and Messrs Oppenheim for Egyptian Loan for £5,704,200
sterling in 7 per• cent. bonds, at 93, with interest from
October 1, redeemable in 15 years. Instalments to ex-
tend to April 1, 1865.
21st—Agreement by Societe Generale Ottomans to ad-
vance £2,000,000 to Turkish Gevernment in instalments
ending July next. ois security of tithe on wool.
News of re-election of Mr Lincoln as P resident of United
States.
14th.—Bank of England rate reduced to 7 per cent. Bank
of France rate reduced to 6 per cent.
25th.—Danubian 7 per Cent. Lean for £916,000, intro-
duced by Messrs. Stern Brothers, at 86, instalments to ex •
tend to April.
28th—Danish 5 per Cent Loan introduced by Messrs.
Raphael and Sons, for £728,000, at 941, instalments to
extend to February 15.