The Sun.
London, England, 1858-12-24 00:00:00

3101VEY MARICET AND CITY NEWS.

CITY. Two o'rr
There was more activity exhibited y -t( lay in
the Foreign and Colonial Produce Markets, the
approach of the Christmas holidays, when business
11'111 be in a great measure suspended, having
caused an increased demand. Most of the principal
staples realised full rates. Tea was firm, and
sugar and coffee realised a slight advance. Rice,
fruit, and spices brought fully former rates, but
saltpetre and tallow was dull. P.Y.C. on the spot de-
clined to 50s. 9d., and spring delivery 50s. 6d. per cwt.
The official returns relating to trade and navi-
gation for the eleven months ended the 30th of
November, have been published. From these it
appears that the total declared value of the exports
from the United Kingdom during that period was
£106,555,562, being a decrease of £8,451,634 com-
pared with those of 1857. The decrease is perceptible
311 coal and culm, earthenware, haberdashery, and
Millinery, hardware and cutlery, linen manufac-
tures, silk manufactures, British spirits, sheep and
lambs wool, and woollen and worsted manufactures,
and yarns.

The importation of the principal articles is
larger in cocoa, coffee, wheat, Indian corn, flour,
raw cotton, rice, saltpetre, spices, rum, sugar, and
tea; but there was a falling off in flax, hides, pro-
visions, silk, brandy, tallow, wine, and sheep and
lambs' wool.

The shipping accounts exhibit a slight increase
in the amount of tonnage employed in the foreign
trade of the United Kingdom for both the entries
inwards and the clearances outwards. In the
coasting trade, however, there was a decline of
108,473 tons for the entries inwards, and of 327,682
tons for the clearances outwards, during the same
Period.

At a meeting yesterday of the creditors of
Messrs. Metcalfe and. Co., distillers, of West Ham,
the liabilities were shown to be £67,126, of which
£20,000 are to the trade, the remainder being for
capital held on loan. The assets were stated at
£91,550, including £55,950 as the value of the
premises and plant. A surplus of £24,324 was
therefore exhibited.

The Peninsular and Oriental Company's steamer,
Behar, which leaves on the 27th inst. for Bombay,
Will take out £154,822 in silver, and 882 sove-

reigns.

A meeting of New Grenada Bondholders has
taken place to-day, Mr. Powles in the chair, when
a proposition was laid befoie them from the go-
l'ernment of the Republic, in substance as follows :

"That the interest of the Foreign active debt residue
shall be converted into capital, by the issue of bonds for the
active debt, bearing interest from the Ist of fs'ept., 1859, on
the same terms as the present active debt.
" That the interest of the active debt shall be reduced 1
Per cent. from Ist Sept., 1859, increasing annually by I per
cent. till 1875, when it would reach 3 per cent.
"That the Bonds for the Deferred Debt shall bear interest
in the Ist of September, 1867, at the rate of 1 per cent.,
Increasing 4 per cent. every two years up to 1888, when it
'would amount to 3 per cent."

As security for these terms being carried out, the
Government agree to appropriate for the interest
of the Active and Deferred Debts 25 per cent. of
the Customs dues increasing to 37 per cent., the
Government in the interim to supply the deficiency.
. Much discussion took place as to the acceptance
of the terms, which were eventually rejected as
Unworthy of notice, seeing that the'contract already
agreed to, although not fulfilled by the Republic,
placed the bondholders in a better position.

There is not the slightest change of importance
in the condition of the Stock Exchange Market.
The dulness, however, has increased, as the public
are not operating, and the speculators are indis-
posed to open new engagements when two or
three days will elapse before the markets re-open.
So restricted has business become that it is difficult
to discover the least movement to vary the general
Position of the markets. Aided by the plethora of
money, and a minimum of 21 per cent. only,
values are kept in at a steady point, but
the extreme reserve exhibited by all
interested in stocks and shares denotes a want of
confidence, which cannot be regarded as satisfac-
tory, when it might be supposed that the effects
of last year's crisis would have been exhausted in a
shorter interval. The hesitation which induces
capitalists to keep their money on deposit at 11 or
2 per cent. naturally excites remark, and although
a favourable changemay ultimately occur, there are
no signs of -it at present, and the markets are
as dull and apathetic as can well be imagined.
Consols have been 969 97 all day. The Govern-
Inent broker continues his daily investments
in the Reduced Annuities. Bank Stock is
marked 2251. The New Three per Cents.
are steady, at 971 1, and the Reduced are
firmer, at 971 - . The March Exchequer Bills are
375. to 395. prem. ; June ditto, 365. to 395. ; and
the Bonds are 1001. India Loan Debentures are
994 9 ; ditto Bonds, 16s. prem. Long Annuities
are heavy, at 188.
The Stock Exchange will be closed on Monday.

In the market for Foreign Securities business
has been steady, and, in most cases, previous quo-
tations are maintained. Turkish 6 per Cents. are
93 ; the Scrip, Ist issue, I to I dis. ; ditto, 2d
issue, Z- to I dis. ; Chilian Loan ha.? been Ito t
Prem. ; Brazilian 5 per Cents. remain at 1022, and
the 41 per Cents. at 95 to 951 ; Chilian 6 per
Cents. are firm, at 1031 to 1041 ; Sardinian are
tat, at 902 ; and Venezuelan 5 per Cents., at 44 ;
Austrian 5 per Cents. have been dealt in at 84 ;
Spanish 3 per Cents. at 472, and the Deferred at
311 ; Peruvian 4f per Cents. are marked 921 1-;
ditto Uribarren, 881 89, being an advance ; and
Mexican is quoted 201.
There was about an average amount of business
transacted to-day in the Railway Share Market,
and most of the principal English lines show an
improvement of about 1 to I per cent. Eastern
Counties, Great Western, Lancashire and York-
shire, North-Western, Sbuth-Western, and North
British advanced ss. ; Midland, 10s. ; and Great
Northern, and Chester and Holyhead, 15s.
trightons have receded about 10s. The
foreign and colonial lines were quite neg-
lected, and prices were almost nominal.
?aria and Lyons declined about ss. ; East Indian
Ss. ; and Grand Trunk of Canada 10s.
Joint Stock Bank Shares have been 'inactive, but
Prices are steady. English, Scottish, and Aus-
tralian Chartered have receded about ss. ; and New
South Wales improved ss. London and West-
minster brought former rates.
In the Miscellaneous Market, Australian Agricul-
tural declined 10s. European and American Steam
and London General Omnibus Companies brought
former quotations.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities 97
New 3 per Cent. Annuities
Long Annuities, expire sth Jan., 1860 —9'77l 1
Ditto 30 Years, expire sth Apr., 1885 lBk
India. Stock
Ditto Debentures 99lt I
Ditto Bonds, £l,OOO
Ditto under £l,OOO
Consols for Account
March 3 nne.
Exchequer Bills, £l,OOO, 2d. & lid.. 39 f 36 9
Ditto £500
Ditto Small, lid.
lxchequer Bonds, 1859, 31 per Cent .... 100+
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent.
Ditto 1858, 41 per Cent 95 +
Chilian, 6 per Cent. lO3l 41
Mexican 3 per Cent. 2ok
Ditto Account
Peruvian 4+ per Cent —
Ditto Account
Ditto (I.lribarren), 41 per Cent.
nassian, 1822, £ St., 5 per Cent ll3/
Ditto 41 per Cent.
Sardinian 5 per Cent 9Ol
Panich d per Cent
Date Account .. 471
Ditto New Deferred, 3 per Cent. —
.Ditto Account
Ditto Passive
4u:high Com. Cert. of Coup'. not funded 6l
Turkish 6 per Cent.
Ditto Account
Ditto New Loan Scrip
Ditto Account
Ditto Guaranteed, 4 per Cent.
Venezuela, 5 per Cent.
Ditto Account
Dividends on the above payable in London.
Austrian, 10 Gu. £, 5 per Cent. - 84
THREE O'CLOCK.

Consols, Money
Ditto Account, Jan. 11 961 7 ad