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

MONEY MARKET AND
_CITY NE FS.

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 were 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
inactive, and for yarns there had been a limited
11.4 airy. The iron trade of South Staffordshire has
exhibited no change of importance, and at Bir-
mingham 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
doing 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
firmly 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 s to / 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
Ls 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-
rarily 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
:as not the meeting for exhibiting the accounts.
The directors expected that the arrangement made
With the Government of Victoria for the disposal
£7,000,000 of debentures in London, would
tarn 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
t° mention was made about the accounts or the
'uvidends 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 t0.X3,600 was proceeding
at the time of this dispatch.
The English Stock Market appears dull, and
rather heavy. There is very little business going
either for investment' or speculative account,
and as some of those who bought at lower prices
have sold in realisation of profits, the buoyancy
'tely apparent has temporarily disappeared. An
-favourable effect, moreover, has been produced by
the adverse movement in the Eastern exchanges,
'Which it is imagined may lead to fresh shipments of
been
during the next few months. Consols have
Threes
97 to 97k for the 11th January. The New
Ihrees are 972 /, and the Reduced are marked 961
t° 971-• The Government broker has bought
,20,000 of the latter securities for the Savings'
b'
Zanks. Consols have been specially transferred at
81 CUM. div. India Debentures are 991 I. June
'Exchequer Bills, 345. to 375. prem. ; and the March
ditto also 345. to 375. prem. India Stock is 228.
A limited business has been transacted in the
Foreign Market, and some of the securities ex-
hibit indications of heaviness. Turkish 6 per Cents.
are marked 93 ; the New Scrip, let issue, is 1 to
~i 8 • ; ditto, 2d issue, par to / prem. Spanish
Deferred are fiat at 311, but the Certificates are
al at 61. Peruvian Dollar Bonds are 79/ ; ditto
3 per Cents., 731 ; and Brazilian (1858), 851.
Chaim Loan is I to 1 prem.
A rather limited amount of business has been
transacted this morning in the Railway Share
Market. Prices, however, have been well sup-
-I)orted, and in one or two instances a further slight
improvement has taken place. Eastern Counties,
Great Northern, North-Western, Lancashire and
Yorkshire, and North-Eastern (Berwick) have
improved 55., and North British declined about ss.
Caledonian, Chester and Holyhead, Great Western,
Midland, and one or two others sustained former
quotations.

In the Foreign and Colonial markets the trans-
11°10118 have been unimportant. Northern of
.D
ranee have declined 55., Great Western of Canada
relined 55.; Grand Trunk of Canada, Great Indian
'euinsula, 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.

BRITISH FUNDS—CLOSING PRICES.
"ualk Stock
3
s Per Cent. Reduced Annuities 961 71
Per Cent. Consols Annuities
t "v 3 per Cent. Annuities
Ditto
Stock Shut 22
4-iitto Debentures 991 1
Ditto Bonds, £l,000
Ditto under £l,OOO
Consols for Account
March June.
Ditto
xilett hoo ets: u2eari,ii Bills,d. £l,OOO, 2d. &11d . . . —3 4 374 7
34 37
'4lclaequer Bonds, 1859, 31 per Cent
FOREIGN FUNDS--CLOSING PRICES.
Brazilian 5 per Cent.
, Ditto 1858, 41 per Cent. 95/
'reilos A s 6 r Cent .• 8,51
Chiliau Yre ' per
, 6 per Cent
Ditto Grenada
41 per Cent. Scrip t-01 P
Peruvian
New Active, 2/ per Cent.
41 per Cent —
?_bitto 3 per Cent. 73i
etilguese, 1853, 3 per Cent.
Russian, 1822, £ St., 5 per Cent —
g Ditto 41 per Cent.
ardinian' 6 per Cent. 9l 901 1
8 Nub& 3 per Cent 471
Ditto New Deferred, 3 per Cent. 34
anish Com. Cert. of Coup. not funded 6/
urkish 6 per Cent 9
Ditto New Loan Scrip 1 d
Ditto 2d Issue
I.,Ditto Guaranteed, 4 per Cent. losk 1
7 etezuela, 5 per Cent.
Ditto Deferred 2 per Cent
Dividends on the above payable'in London.
Pe. 6 vian Dollar Bonds, 41 per Ct. Ex. 4s. 791
THREE O'CLOCK.

Consols, Money
Ditto Account, Jan. 11 97 a d

THIS D.AI'S SHIPPING.

jolinaakr, Dec. 13.—Wind this day at noon, S.W. ;
berate breeze, and hazy.
p r ouTsmoirrx, Dec. 12.—Wind S.S.E.—Arrived—
atit„neis A. Palmer, from Callao; Caroliae, from Quebec ;
'4lBg, OW, from Quebec for Hull.
4.IIEENSTOWN, Dec. 11.—Wind S., blowing strong.—
rrived—Louis Manomia, from Swansea for Belfast,
leaky ; Martha, from Liverpool.
A.t.A.STLETOWN Dec. 9.—Wind W.S.W.—Put back—
erta,l' for the East Indies.
(et
SOUTHAMPTON, Dec. 12.—Wind S.—Sailed—Sultan
darner) for Alexandria ; Teviot (steamer), for Alex-
zulria. '
IsrtwronT, Dec. 10.—Wind S.E.—Arrived—William,
Janeiro.c Dartzic ; Huntress, from Lon.don—both for Rio
„
40LynEAn, Dec. 12.—Wind S., strong gale—Arrived
---Gleaner, from Liverpool for San Francisco.
0-4.I4PDELTOWN, Dec. 10.—Wind S.E.—Arrived-
-. A 4gu.sta, from Quebec for Belfast.

(BY ELECTRIC TELEGRAPH
LIVERPOOL, Monday Morning.
calle ship Alice Munroe, bound from Liverpool for New
illbeaus, has been wrecked on " Isaacs," She was insured
oston to the extent of 87,000 dols.
ealArrici ved, Dec. 12.—Fernandes, from Lisbon; Gothall,
George and Marie, from Nantes.
I.krrive,l3.—America, screw steamer, from Bar-
-6:l`a• ; Palestine, screw steamer from Constantinople.
to_ ailed, Dec. 12.—J. J. Boyd, for New Orleans; Frank-
t, screw steamer, for Lisbon; Antonia, for Havannah ;
Nei' York, for Charleston ; Bonne Esther, for Bordeaux.

(BY SUBMARINE AND BRITISH TELEGRAPH.)
GRAVESEND, Monday Morning.
~.„111121 S. S.W. tide 4 hours' ebb, weather light and cloudy.
Ei'--"1,0,C °ea., Dec. 12.—Pilar, from St. Übes; Star of the
fr° asom Madras ; Quindere, from Manititlah ; Autis,
°IQ al ais.
fr,ll.li,ved, Dec. 13.—Lelia, from Nassau; Two Friends,
`-/Ilernsey ; Ariel, from St. Micltaers.