The Sun.
London, England, 1860-01-05 00:00:00

_HONEY MAR I:ET AND CITY NEW S.

e

CITY, Two o'CLocK.
There is rather less activity in the general dis-
count market owing to the completion of the
monthly engagements due yesterday, but the rates
charged for accommodation continue firm. The
commercial community provided for their bills
in a very satisfactory manner, and no failures
of importance occurred, but a favourable liqui-
dation of accounts was looked for in consequence
of the healthy condition of trade, and the abun-
dance and cheapness of money. The market
may now be expected to assume a quieter aspect, as
the dividend payments will soon afford relief. In
addition to the interest paid away at the Bank,
numerous joint-stock companies are now calling
their shareholders together,lto divide the half-year's
profits, and by this means an enormous sum passes
into the hands of the public. The effect, however,
n?ity prove of short d*ration, owing to the introduc-
tion of new schemes, and the anticipated im-
provement in trade.

At the Bank of England yesterday there were
no bullion operations of importance.
Letters from Liverpool report that the cotton
market yesterday closed steadily, and about 8,000
bales were ■old at previous rates. In the railway
Milan market business was rather more active, and
prices exhibited an improvement.

The total amount called up last year in the shape
of railway calls was £15,452,941.
The market for English Securities opened with
a fiat appearance, owing to the decline reported
it the Rentes and the Ministerial changes spoken
are now 934
of in Paris. Consols at one time were 95,3, but they
1, being a shade firmer ; the February
quotation ig 951 Z. The transactions have been
very limited. The New Threes and the Reduced
Annuities are 951, 96; Indian Debentures, 981 y ;
ditto 5 per Cent, enfaced paper, 961 ; India Stock
is 104-1 I ; and the Exchequer Bills are 31s. to 325.
Prem.

In the Foreign Stock Market a fair amount of
business has been transacted, and prices generally
show an improvement. Turkish 6 per Cents, are
781 to 791 ; ditto New, 651 to 661 ; Mexican is
fiat at 221; Buenos Ayres 6 per Cents, have ad-
vanced to 85 ; Portuguese to 441 1 ; Dutch 4 per
Cents, to 102 ; Russian 3 per Cents. to 661, ditto
41 per Cents. to 981, ditto 5 per Cents. are marked
104, and the Scrip 1 dis.
The Ocean Marine Insurance Company's shares
are is -: prem. ; the Universal ditto, 1 die, to
Par; San Paulo Railway, par to 1 prem. ; Bank
of Turkey, Ito 11- prem.; and the New Canadian
Loan, 11 to 2 prem.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
1860. 1859.
Great Western £25,875 £24,694
North-Weste '''
72,058 65,198
South-Wes}
ridighantodu
....... ....................... 14,452 13,234
South-Rest:4;;; 14,607 12,71
....................... 37,211 33,40
90,282 19,3 i 8
Great North rip ........
e -z! 29,214 24,171
Lancashire Inzdetaxr.lish—i;e.
Bristol and
7,281 6,384
North-East r
North-Eastern" 33,'238 29,411
Manchester, Sheffield .................
Oxford, Worcesie::B,:l
West Hartlepool . and Lincoln ... 11,406 10,144
Edinburgh and G 1 ................
u.lt.Ve.ro.nlv.erhanip. ton
3,3544,72 4 375
2,760
Glasgow and South
7,490 7,444
Great Luxembourg ..
551
Great Western of C ....... 1,944 1,
7,362 7,610
These returns show a satisfactory increase on most
of the principal lines in the United Kingdom. On
the Great Western it amounts to £1,181; on the
North-Western, to £6,760 ; on the South-Western,
to £1,218; on the Brighton, to £1,821; on the
Midland, to £3,757 ; on the South-Eastern, to
£904; the Great Northern, £5,103; the Lancashire
and Yorkshire, £4,015 ; the North-Eastern, £4,877 ;
the Edinburgh and Glasgow, £241 ; and the Great
Luxembourg, £393. On the Great Western of
Canada there is a decrease of £248.

Btsiness in the Railway Share Market has been
moderately active, but prices have sympathised
with the heavy tone of the English market. Great
Western, Lancashire and Yorkshire, S. Western,
Midland and North British have declined ss.
Caledonian, 10s. and South Eastern, 15s. Great
Northern improved £l, and North Eastern York,
los.

The Foreign and Colonial lines are also a shade
flatter. Lombardo-Venetian have declined
Pernambuco I ;
, and Bahia and San Francisco, I.
East Indian are flat at 104, but Great Indian
Peninsula advanced to 1021. Grand Trunk of
at Canada
Canada are steady at 441, and Great Western of
, 121.
Joint Stock Bank and Miscellaneous Shares re-
main quiet at about former prices. London and
Westminster realise 56, Madras Irrigation 21 to 21,-,
and National Discount Company, 'lt.

IRITISR FUNDS THIS DAY IT ONE O'CLOCK
5&
3 per Cent. Reduced Annuities 6
5 9
New 3 per Cent. Annuities
India Stock
..............
Ditto Debentures 1858 9Bi
,Ditto,
1859
Ditto Enfaced Paper, 5 per cent 96
r•
05/
onsols for Account (Jan 10)
India Stock for Ace unnt '
Ditto, 1859, 5 per Cent.
104 t 1
Ri.tchequer Rills £1 000 lid .. 31 2
DittDitto £5OO ... ?. "
........ 31 2
o Smell, ltd. ......................... 31 2
?RICE OP FOREIGN FUNDS AT ONE O'CLOCK.
85
Buenos Ayres, 6 per Cent
Mexiean 3 per Cent. • ..
Ditto Account . 22}
Portuguese, 1853, 3 per Cent.
441 1
Ditto Account
1001
Russian, 1822, St., 5 per Cent
081 id
Ditto 41 per Cent.
66k
Ditto, 43 per Cent., 1859
i
Ditto Scrip,
8 I 1
Sardinian, 5 per Cent
43/ x d
te p an i 8 li 3 per Cent
Ditto Passive
Turkish 6 per Cent
Ditto Account
Ditto New Loan
651 61 6
Ditto Account
Dividends on the above payable in Londoa.
D itch Exchange, 12 Guil. 2% per Cent —
Ditto Certificates, 4 per Cent.
102
Consols, Money TWO O'CLOCK.
Ditto Account (Jan. 10) .. 951 1
Ditto, Feb

THE BRITISH EXPEDITION TO CHINA.

Her Majesty's ships Sitnoom and Sphinx, with
her Majesty's gunboats Hardy and Haovck,
arrived at St. Vincent, Cape de Verd Island,
Dec. 6, from Portsmouth, and the three last sailed
on the 7th for Rio Janeiro and China. Her Majes-
ty's ship Encounter and the gunboat Grasshopper
arrived on the 7th, and sailed on the 11 th for Rio
Janeiro and China; on the Bth, her Majesty's
ship Odin and the gunboat Weazel, and on the 9th
the gunboat Beagle, and all three sailed on the
aline day for Rio Janeiro and China. On the 10th,
her Majesty's gunboat Flamer, and on the 11th the
gunboat Snap, also arrived from Portsmouth, and
sailed also for Rio Janeiro and China.