The Sun.
London, England, 1860-02-17 00:00:00

111'1VE1" .11; KE7 D CITY' Tfr'

CITY, Two o'CLocK.

B usiness in the Foreign and Colonial Produce
Markets during the last few days has been mode-
rately active, notwithstanding the uncertainty pre-
vailing with respect to the changes proposed in the
budget, and in most instances prices have shown
more firmness. Tea has fully maintained its value,
but the dealings have not been extensive. In
sugars there has been a fair trade, particularly in
the finer qualities, which have been taken to some
extent for home use. Coffee at public sale brought
full values ; and in rice, spices, and fruit the deal-
ings have been to a fair extent at slightly advanced
quotations. Saltpetre has been quiet ; and tallow
has shown less buoyancy, prices having declined
for both present and forward delivery-.
The Liverpool Cotton Market yesterday closed
with a rather dull appearance, and prices exhibited
no change of importance. The sales were 7,000
bales. In the Railway Share Market business
was moderately active, and quotations were steady.
A small amount of gold—viz., £4,ooo—was
withdrawn from the Bank of England yesterday
for exportation.

The Tamar, which leaves to-day for the West
Indies, will take out £5,920, chiefly in silver.
The Parana has been announced this morning
with £93,257 from the West Indies.

Increased easiness is now experienced in the
general discount market, owing to a diminution in
the demand, and a return of confidence among
capitalists, who aro now disposed to negotiate good
commercial bills per cent. under the Bank mini-
mum. Should affairs continue favourable, a de-
cline in the value of accommodation is not unlikely,
but in the first instance an increase in the stock of
bullion will be desirable, and also a f filling off in
the other securities, which have lately shown a
rapid accumulation.

The drain of gold from the Bank of England,
although considerably reduced, has not altogether
ceased, but large quantities are now due from Aus-
tralia, and when they arrive the demand upon the
bullion of that establishment may become even less
important than at present. The New York ex-
change still shows an upward tendency, and small
remittances of gold are received in consequence.
The official returns relating to trade and navi-
gation for the 12 months ending the 31st of Decem-
ber, 1859, have just been published. From these
it appears that the total declared value of the ex-
ports from the United Kingdom amounted to
£130,440,427 against £116,608,756 in the like
period of 1858, showing an increase of X 13,821,671.
The increase is most perceptible in beer and ale.
Coals and culm, cotton manufactures, haberdashery
and millinery, hardware and cutlery, linen manu-
factures, railway iron, silk manufactures, woollen
Manufactures, and woollen and worsted yarn.
The importations of the principal articles were
larger as regards live animals, coffee, raw cotton,
quicksilver, raw silk, timber, wine, and sheep and
lambs' wool. There was a diminution in cocoa,
wheat, hides, provisions, rice, rum, sugar, tallow,
and tobacco.

The shipping accounts exhibit an increase in the
amount of tonnage employed in the foreign trade of
the United Kingdom of 273,417 tons for the entries
inwards, and of 305,919 tons for the clearances out-
Wards.

In the coasting trade 821,261 tons more were
employed than in the previous year for the entries
Inwards, and 648,480 for the clearances outwards.

A better feeling has been apparent to-day in the
market for public securities, which may be partly
attributed to the statements made ii reference to
Savoy. It is now intimated that Louis Napoleon will
not insist on the cession of that territory, and that
the prospect of a collision no longer exists. Console
are about 941 s for money, and 941 1 for the ac-
count, showing an advance of -1 per cent. The
New Three per Cents. and the Reduced are firm
at 941 95; India New Loan has improved to 1031
; ditto 15 per Cent. Enfaced raper is flat at 97 ;
and the Debentures are steady at 971 Exchequer
Bills remain at 235. to 265. prem.

Only a very limited business is recorded in
Foreign Securities, and prices are firm. Turkish
6 per Cents. are 79 to 79}; ditto New, 66,1 to 66f ;
and the 4 per Cents. remain at 102. Spanish De-
terred have improved to 34. Dutch 2k per Cents.
are heavy, at 66.

The Ocean Marine Insurance shares are 2i 1
prem.; the Universal ditto, -I prem.; the London
and Provincial ditto, Ito prem. ; and the Cana-
dian Loan is 2k prem.
In the Railway Share Market there is little
change of importance, the transactions having been
extremely limited. Caledonian, Midland, North
British, and South-Eastern have improved ss.

The Foreign and Colonial undertakings also show
very little alteration. Lombardo-Venetian have
delined to Ht. Paris and Lyons realised 351 ;
East Indian, 1011 1014- ; Great Indian Peninsula,
981 981 ; Grand Trunk of Canada, 35 ; and Great
Western of Canada, 12,1..

Joint Stock Bank and Miscellaneous Shares
continued in steady request at about previous
rates. London Joint Stock advanced ss. ;. Bank of
Australasia declined £1 ; and Ottoman Bank, 55.;
Australian Agricultural shares have advanced
about ss.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
aPer Cent. Reduced Annuities 941 5
per Cent. Console Annuities : 9ll 1 B,
; wv, 3 per Cent. Annuities
Long Annuities, expire sth Jan., 1860 —
bitto for 30 Years, expire sth April, 1885 171
India Stock
Ditto 5 per Cent.
Ditto Enfaeed Paper, 4 per cent. —
Ditto
5 per Cent
&lift° Debentures, 1858
Ditto, 1859
bitte Bonds, £1,060
•-nlsole for Account (March)
•nzeh:Ntuer Bilis, £4OOO, lid 23 6
v.tto Small, 11d.
n, . FOREIGN FUNDS—CLOSING PRICES.
`dtulian 6 per Cent
Ditto 41 per Cent.
z,. exiean 3 per Cent. . 211 a
Peruvian 41 per Cent .
Ditto Account
rortttruese, 1853, 3 per Cent.
Ditto Account
hussian, 1822, £ St., 5 per Cent —
Ditto Account
l'odinian, 5 per Cent —
bitto Account
li'Paßish 3 per Cent. —
Ditto Accoant
Ditto Deferred 3 per Cent.
Ditto Account
Ditto Passive
Turkish 6 per Cent --
Bide locount .. 791 9 1
Ditto New Loan
Ditto) Account
Ditto Guaranteed, 4 per Cent. -
Ditto Account
, -Dividends on the above parable in London.
'''ateh Exchange, 12 Guil. 21 per Cent 66

THREE O'CLOCK.

Consols, Money 94a
Ditto Account (March 8)

REGISTRATION OF LETTERS FOR NEW ZEALAND.
°ll. the Ist March next, and thenceforward, a letter or a
taol:et of printed papers, addressed to New Zealand, rsay
e registered, on the application of the person posting it,
trovided the postage, together with a registration fee of 6d.,
qe Paid in advance.—By command of the
b Postmas_ter-
belleral, RowrAND HILL, Secy.—General Post-office,
) DEATH OF THE BISHOP OF ROCHESTER.—We
et to announce the death of the Bishop of Rochester,
Vieh occurred shortly after eight o'clock last evening, at
V: town residence in Chester-square. The protracted ill-
-05 of the Bishop had prepared the family for the event.
ti„.cce his return to town from Danbury Palace he has con-
ned gradually to sink, and at last died from sheer ex-
ti'ttation. The deceased prelate, George Murray, was.
eat surviving son of Lord George Murray, second son of
the 7 third Duke of Atholl, hewas born the 12th of January,
1184, and was the oldest member of the Episcopal Bench.
Neejaa educated at Christ Church, Oxford, at which Uni
his he graduated B.A. in 1806, and M.A. in 1810. On
pi- consecration as Bishop of Sodor and Man, in 1814, lie
Itla Made a D.D. In 1827 ho was translated to the See of
th°,er,llester, which he has held for 33 years. He married on
°th of May, 1811, Lady Sarah Hay Drummond, second
4411jliter of Robert, ninth Earl of Kinnoul, by whom he
a large family.
i, eFIE METROPOLITAN RAlLWAY.—Considerable
x"trogs has been made during the last few days in the
rit&avationa for the formation of the above underground
are waY, upon the execution of which several hundred men
trobern,Ployed. In the Euston-road the whole length of
cli?o in front of Euston-square has been dug up for the
to „len of the sewer, in doing which they have proceeded
`ge depth of about 20 foot, and have sunk the Fewer in
kegood clayey soil. At the commencement of the line,
thetr the Great Western Railway Hotel, a long line of
rikt:icad haybeen excavated to a considerable depth, fortu-
Sp,i 1 without any particular obstruction from land
fce;tita. At King's• cross, both up the York-road and
ext'eng the terminus of the Great Northern Railway a large
this 4t of ground has been removed. At the latter spot
andweek a large area of the King's-road has been enclosed
belnnew shaft is being sunk at this part of the line, it
8' intended to erect one of the stations.