The Sun.
London, England, 1862-01-13 00:00:00

OIARKET AND CITY NEWS.

CITY, Two O'CLOCK.
From the manufacturing districts the accounts for
the past week have generally been of a more satisfac-
tory character, owing to the peaceable solution of the
Trent affair. At Manchester prices of both yarns
and cloths have slightly advanced, while a mode-
rate amount of business has been done in woollen
goods at Leeds, Bradford, and Halifax. In Leices-
ter and Nottingham the hosiery and lace trades
have continued moderately active, while in the
hardware districts of Birmingham, Sheffield, and
Wolverhampton symptoms of improvement have
been apparent.
There is still a very moderate demand for dis-
count accommodation in the general market as well
as at the Bank of England, and the available sup-
plies continue superabundant. Owing, however, to
the satisfactory solution of the Trent affair, confi-
dence has revived, and advantage is taken of the
opportunity thus presented to bring forward nume-
rous new schemes, which, if supported, as there is
every reason to believe will be t',e case, must tend
to stimulate the general inquiry, and to impart
greater firmness to the quotations. It is also pro-
bable that commercial operations will be extended,
and cause an augmentation in the supply of mer-
cantile bills offered for negotiation.
About £45,000 in gold was taken into the
Bank of England on Saturday.
The Directors of the South Yorkshire Railway
and River Dun Company have made a further
call of £2 per share payable on the Ist proximo.
The Teutonin, from America, has brought
£30,400 in spy cie.
In the Liverpool Cotton Market on Saturday
business was rather dull, but prices were steadily
supported. The sales were only abaut 3,000 bales.
The Europa for Boston has taken out £50,000 in
gold, and £2,000 copper coin on Government
aceaunt.
At the ensuing meeting of the proprietors of the
Poglish, Scottish, and Australian Chartered Bank
a dividend at the rate of 6 per cent. will be pro-
poeed.

'l he prospectus has been issued of the Imperial
Moorish Loan for £426,000, in bonds amounting to
£501,200, at 85 per cent., and bearing interest at 5
Per cent. per annum, payable half yearly in Lon-
(l'M This loan is in virtue of a convention between
the English :Government and the Emperor of Mo-
ro cco, to assist his Imperial Majesty to fulfil his
nblißations to the Government of Sain. The Em-
peror of Morocco binds himself to hypothecate, for
the Payment of the interest and loan, the customs'
revenues of all the ports of the Moorish Empire,
and the English Government appoints special com-
missioners to receive the customs duties. The
average amount for the last five years of the
revenue of the customs is stated to be £322,904
Pc'r annum. The loan is to be re-
deemed by a sinking fund of 5 per cent.
Per annum, and the bonds are to be drawn
by 'lot, half-yearly, to be paid off at par. Sub-
aezibers have the option of paying the instalments
in anticipation, and will be allowed a discount of
2-1 per cent. per annum, but in default of due pay-
ment the instalments will be liable to forfeiture.
The drawings by lot for redemption will take place
gulf-yearly, and the number drawn will be adver-
tised in the public papers. The scrip is already
nominally quoted 3s. to 4s. prem.
t the half-yearly meeting of the Union Bank
of Australia to-day, the report, which was unani-
Mously adopted, stated that the liabilities of the
establishment were £6,107,029; the profits made
during the past six months 78,696 Bs. 5d.; and that
the reserve fund amounted to £200,000. A divi-
dend for the half-year of 7 per cent. was carried,
and the chairman congratulated the shareholders
upon the satisfactory position of the
bank, although the period just closed had
not been one of prosperity, but of great depression
to all persons engaged in the Australian trade. It
was altio stated that though in nearly every depart-
ment of the bank a smaller amount of business had
.4 been transacted, yet the profits, on the contrary,
were larger than on any other occasion. The recent
defalcation in New Zealand by a clerk, named Bur-
ton, to the amount of £BOO, had been written off,
and the amount now held against bad bebts was be-
lieved to be sufficient to cover any losses that might

There has not been much animation in the Eng-
lish Stock Market, the speculators being very cau-
tious in their transactions. There has been, how-
"er, a demand for stock on behalf of the investing
31161ie, which, in conjunction with the favourable
feeling generally entertailed with regard to the
future course of events, has given strong support to
3e quotations. Consols are 93/ for money, and
1g for the account. The New Threes were 931 ;
the Reduced, 93/ ; and Exchequer Bills, June, 21s.
to 225. prem. ; Bank Stock was 2391 240; India 5
Per Cent., 1051 1064; the 5 per Cent Enfaced
k-Paper, 991 100 ; ditto 51 per Cent, 106 ; and ditto
bentures, 99.1 I.
:More buoyancy has been perceptible in the
Foreign Market, but the dealings have been rather
liinited. Turkish 6 per Cents. are 82 to 821 ;
ditto, 1858, 72 73 ; Mexican have improved to 281
; Russian, to 991 ; Spanish, to 51Z ; and Italian,
to 631 ; Brazilian are 1011, and Portuguese, 46/ Z.
The New Moorish Loan is 4 to 5 per cent.
_V he operations in the Railway Share Market
to-41y were of a rather limited character, and the
'aria tions in prices have not been important.
Manchester, Sheffield, and Lincoln, and Midlands
hire improved 65., North Western 10s., and
Za oce.chire and Yorkshire 15s. ; South Easterns,
he wevor, have declined ss. The other lines
del tit in exhibited little variation in value.
In the Foreign and Colonial undertakings the
dea,li ogs have been :extremely limited. South
k strian and Lombardo-Venetian realise 187, being
481ta de firmer ; and Bahia and San Francisco have
imi)r oved to 151 ; Grand Trunk of Canada, Great
Wes' tern of Canada, East Indian, and Great Indian
Per, illsula remain at previous rates.
joint Stock Bank and Miscellaneous Shares have
thowl 1 a slightly upward tendency. Union of
.alia have advanced £1 ; Oriental Bank, ss. ;
Tin;ld on and South African to 94, 10; and London
a.e.int Stock to 3313 ; Crystal Palace Debentures
hrtve declined to 101 ; Red Sea and India Telegraph
J'Ealise' 191 ; and Royal Mail Steam, 49, 501.

BRITISH FUNDS—CLOSING PRICES.
It k Stock
a IDi T Cent. Reduced Annuities 93 t
1.1)( T Cent. Consols Annuities
i. NE
IN
di a 3 per Cent. Annuities 92/ 31 3
4,3 Stock
D itto 5 per Cent.
D itto Enfaced Paper, 4 per Cent —
13 itto 5 per Cent lOO 991 /
13 itto 51 per Cent
Ditto Debentures, 4 per Cent., Oct., 1863 991 1
Ditto ditto April, 1864 99/ /
Ditto ditto Aug lB6l or 66 991
nve,•ofs for Account, Feb• 6 93/ /
1 iia Stocktor Account, 5 per Cent .... 1061 1
:relle March. I June.
igtierbills
_t;£1,000 2d.. 24 21 25
• • --
Ditto
D at( i Small
, FOREIGN FUNDS—CLOSING PRICES.
BNo Than 5 per Cent ...
1859.............. 1011
Di tto 5 per Cent., 1839 8; ........ 101
Cl Di to
41 per Cent, 1860 .............. 91 f 90/
'l)ili an 6 per Cent ............
.bi tfo 41 per Cent.
.kext can, 3 per Cent
1, Di. tto Acco ,nt
.. 28/ 1 I 1
.0 nun 41 per Cent ..
biti. o (Uiibarren), 41 per Cent.
bitto 3 per Cent
1., Ditto Account . •
bLlß'itcse 3 per Cent., 1853..
‘to Account' 46/ /
uasixo. 5 per Cont. 1822, £ St —
:ittc, ',ccount
flit.l
92
o -41. nor Cent, Iq6o
60 591
Ditto 32
p 0 per Cent. 1859
pairiBh 3 C f
f,.
.. per en,
51J a 1 i I
Vt‘o -Account
Ditto
New Deferred — liltto, Account
R,,,,..._,
6g i
TP "a I,li- Cert. of Coup. not funded
4prk,1,811- 13 per Cent. —
,!11:,.0 Account ..
11.tto :New Loan ..
Ditto Account -
NI; V.vidends on the above payable in London.
'any 5 per Cent., 1861

Consols Money THREE O'CLOCK.
93+
Ditto Account

the Australian gold ships known to be on the
Inc;
to this
country are :—The Moravian, with £191,000;
44ciefillunitY £50,000; Monarch, £170,000 ; Clutha, .V 1,000;
'4e Lightning, £96,000. The total is about £600,000.