The Sun.
London, England, 1858-12-13 00:00:00

2110XE1 MARE ET AND CITY NEWS.

CITY, Two o'CLocK.

The advices from most of the manufacturing
districts notice that during the past week there
has been less activity, consequent upon the near
approach of the close of the year. At Leeds the
woollen cloth trade was inactive, but prices were
firm. Most of the mills in the neighbourhood,
however, were working full time, and the opera-
tives wers well employed in fabrics for the spring
demand. At Bradford worsted yarns were in fair
request and at full rates. Piece goods sold slowly,
but at full values, owing to the high rates current
for wool. At Manchester considerable activity has
been apparent in goods 'suitable to the India and
China markets; for home use, however, the demand
Was inactive, and for yarns there had been a limited
inquiry. The iron trade of South Staffordshire hag
exhibited no change of importance, and at Bir-
elingham the various branches of business con-
nected with the town and neighbourhood were dull.
At Sheffield and Wolverhampton very little activity
had prevailed. At Leicester the hosiery trade still
continues moderately active, considering the period
of the year, but there has been very little business
"lug at Nottingham, in most descriptions of both
laee and hosiery.
In the Liverpool Cotton Market, on Saturday,
rather more business was transacted, and prices
Were fully supported. The sales were estimated at
8,000 bales. The Railway Share Market closed
*ally, and values tended upwards.
The demand for discount accommodation in Lom-
bard-street and at the Bank of England continues
rather active, and the terms current out of doors
are only about e to 4 per cent. under the official
minimum fixed by the authorities on Thursday
Last.' The policy of that • measure is still
doubted in some quarters, and the ad-
vance just reported in the Eastern exchanges
is not lost sight of by those who consider the step
Premature. With an extensive importation of
gold from the various sources of supply, a tempo-
-I'o4 increased exportation would not produce any
very unfavourable influence, and it ought not,
therefore, to be regarded with any anxiety, lest the
Present situation of the money market should be
disturbed.

The meeting of the Bank of Australasia took
Place to-day. A report was presented which went
generally into the position of the Bank, as this
has not the meeting for exhibiting the accounts.
The directors expected that the arrangement made
With the Government of Victoria for the disposal
of £7,000,000 of debentures in London, would
turn out profitably for the Bank. The system of
allowing interest on current accounts had been
abolished in New South Wales, and it was hoped
it would be carried out in Victoria likewise. As
I!) mention was made about the accounts or the
dividends a question was put, to which the chair-
man replied, that he had no doubt the next divi-
dend would be continued even at a higher rate than
before. The discussion as to raising the salary of
the directors from £2,800 to £3,600 was proceeding
at the time of this dispatch.
The Thiglish Stock Market appears dull, and
rather heavy. There is very little business going
On, either for investment or speculative account,
bare
as some of those who bought at lower prices
'ave sold in realisation of profits, the buoyancy
lately apparent has temporarily disappeared. An
Unfavourable effect, moreover, has been produced by
1110 adverse movement in the Eastern exchanges,
'which it is imagined may lead to fresh shipments of
silver during the next few months. Consols -have
been 97 to 971 for the 11th January. The New
Threes are 971 4, and the Reduced are marked 964
tno 979. The Government broker has bought
£20,000 of the latter securities kg. the Savings'
Banks- Consols have been specially transferred at
Exchequer
Cum. div. India Debentures are 991 I. June
•"-‘xehequer Bills, Us. to 375. prem. ; and the March
ditto also 345. to 375. prem. India Stock is 228.
A limited business has. been transacted in the
/'oreign Market, and some of the securities ex-
hibit indications of heaviness. Turkish 6 per Cents.
are marked 93 ; the New Scrip, Ist issue, is I- to
• ; ditto, 2d issue, par to I prem. -Spanish
Deferred are flat at Mt, but the Certificates are
firm at st. Peruvian Dollar Bonds are 791; ditto
3 per Cents., 731 ; and Brazilian (1858), 851.
Chilian Loan is to 1 prem.

A rather limited ariount of business has been
transacted this morning in the Railway Share
Market. Prices, however, have been well sup-
Ported, and in one or two instances a further slight
improvement has taken place. Eastern Counties,
Groat Northern, North-Western, Lancashire and
Yorkshire, and North-Eastern (Berwick) have
haproved 55., and North British declined about ss.
Caledonian, Chester and Holyhead, Great Western,
Midland, and one or two others sustained former
'Notations.

In the Foreign and Colonial markets the trans-
actions have been unimportant. Northern of
France have declined 55., Great Western of Canada
declined 55.; Grand Trunk of Canada, Great Indian
peninsula, and East Indian brought former rates.

Joint Stock Bank and Miscellaneous shares
have a slight downward tendency. London
joint
Stock, however, have improved 55., and
Ottoman Bank declined 10s.

)3RITISH FUNDS THIS DAY AT ONE O'CLOCK.
• ~:l per Cent. Reduced Annuities 96k 7it
tPor Cent. Consols Annuities
'l'w 3 per Cent. Annuities
india Stock
Ditto Debentures 991 i
Ditto Bonds, £l,000
Consols for Account 971 7 a d
March June.
Exchequer Bills, £l,OOO, 2d. &1 1d... 37 4 7
Ditto £5OO, 34
bit
to Small, ltd.
t achequer Bonds, 1859, 31 per Cent .... 1001
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK
brazilian 5 per Cent.
_Ditto 1858, 41 per Cent. 951-
-Buenos Ayres' 6 per Cent . B5l
Grenada New Active, 21 per Cent.
leruvian 41 per Cent —
Ditto 3 per Cent 73/
Sardinian, 5 per Cent 9l
Spanish 3 per Cent —
Ditto New Deferred, 3 per Cent. 3ll
Spanish Com. Cert. of Coup. not funded 6k
l'urkish 6 per Cent
Ditto New Loan Scrip i d
Dividends on the above payable in London.
Petav: an Dollar Bonds, 41 per Ct. Ex. 4s. 79}
TWO O'CLOCK.
-

Consols, Money
Ditto Account

... 97 i xd

THIS DAI'S SHIPPING.

LONDON, Dec. 13.—Wind this day at noon, S.W. ;
moderato breeze, and hazy.
PORTSMOUTH, Dec. 12.—Wind S.S.E.—Arrived—
Francis A. Palmer, from Callao; Caroline, from Quebec;
Glasgow, from Quebec for Hull.
QUEENSTOWN, Dec. 11.—Wind S., blowing strong.—
' 'Arrived—Louis Manomia, from Swansea for Belfast,
leaky ; Martha, from Liverpool.
CASTLETOWN, Dec. 9.—Wind W.S.W.—Put back—
Alberta, for the East Indies.
SOUTHAMPTON, Dec. 12.—Wind S.—Sailed—Sultan
(steamer), for Alexandria; Teviot (steamer), for Alex-
andria.
NEwponr, Dec. 10.—Wind S.E.—Arrived—William,
from Dantzic; Huntress, from London—both for Rio
Janeiro.
HOLYHEAD, Dec. 12.—Wind S., strong gale--Arrived
--Gleaner, from Liverpool for San Francisco.
CAMPBELTOWN, Dec. 10.—Wind S.E.—Arrived—
Augusta, from Quebec for Belfast.

(BY ELECTRIC TELEGRAPH.)
LIVERPOOL, Monday Morning. ,
The ship Alice Munroe, bound from Liverpool for New
Orleans, has been wrecked on " Isaacs," She was insured
in, Boston to the extent of 87,000 dole.
Arrived, Dec. 12.—Fernandes, from Lisbon; Gothall,
and George and Marie, from Nantes.
Arrived, Dec. 13.—America, screw steamer, from Bar-
celona • Palestine, screw steamer, from Constantinople.
Sailed, Dec. 12.—J. J. Boyd, for New Orleans ; Frank-
f
screw steamer, for Lisbon; Antonia, for Havannah ;
New York, for Charleston ; Bonne Esther, for Bordeaux.

(BY SUBMARINE AND BRITISH TELEGRAPH.)
GRAVESEND, Monday Morning.
Wind S.S.W., tide 4 hours' ebb, weather light and cloudy.
Arrived, Dec. 12.—Pilar, from St. Übes•, Star of the
South, from Madras ; Quindere, from Manititlah ; Autis,
'rem Calais.
Arrived, Dec. 13.—Lelia, from Nassau ; Two Friends,
from Guernsey; Arid, from St. Michael's.

WESTMINSTER SCHOOL CRIMEAN MEMORIAL.
°II Friday the foundation stone of a public monument to
tie memory of distinguished officers, educated at Westmin-
ter school, who fell in the Crimean war, of whom Lord
."'aglan and General Markham were among the number,
wits laid in the Broad Sanctuary, Westminster, the spot
tiected for the purpose. The Rev. C. B. Scott,
W.
lirvi Master of -Westminster School, and the Rev. T. W.
eare, M.A., the Under Master, took a leading :part in
the ceremony.