The Sun.
London, England, 1867-12-12 00:00:00

Do. Certificates —
Do. Enfaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 5} per Cent., May 1879 lOBl
Do. 5 per Cent., Rup. Deb., 187'
Do. do. 1877 —
Do. do. 1882 lO4
Doi Deb., 5 per Cent., Aug. 1873
Do. Bonds, 5 per Cent., £l,OOO
Do. under £l,000
TOSSIGI FUNDS—TWO O'ULOOK.
Argentine Republic, F per Cent —
Austrian Bonds, 5 por Cent. 1859
Brazilian 5 per Cent —
Do. 41 per Cent., 1852-58-GO
Do. 1863
Do. 5 per Cent., 1865 —
Do Account 751 5
Do. £lOO Bonds —
Biteao7,. Ayres 6 per Cent —
D) 2 per Cent. (Deferred 3 per Cont. 40 1
Cobe, 6 per Cent.
C•)11:itu 6 per Cent —
Do. 41 per Cent'
00. 6 per Cent. B .

Do., 1867
Do., 7 per Cent., 18C6
Do., Scrip, £32 paid
0 ,1. lubia,n, 6 per Cent.
Danish 3 p ,r Cent., 1823
D innhian Principalities, 7 per Cent CS
Do 8 p-,r Cent., 1867 —
Evador New Consolidated, 1 per Con• —
6gyptiar, 7 per Cent B5l
1)0. Second Issue
D . 1590 Bonds
Do. £lO6 Bonds B9 8

Do. 1861
D0..f5')0 Bonds B6

Do. £lOO Bonds . • •• •
Government Railway Debotituros

Greek, 5 per Cont., 182115, ex Coups
Do. Account
Do. Coupons
Do. Account
Gaateniala 5 por Cent ..
Italian 5 per Cert., 1865 72
Do, Account ..
Do. Marommana Railway

Slexicar. 3 per Cent

Ditto for Account
Dn. 1864 Bl
Do 6 per Cont. Anglo-French —
Slontovideau C por Cent. .. — i
kloorish Imperial 5 per Cent
New Granada —

Do 3 per Cen

Do. Deferred
Do Land Warrants (Hectares)
Peruvian 5 per Cent. 1865
Do Account 72

Do 4i per Cent. (Uribarren)
Do 41- per Cent.. 18G2
Do Account
P.)rtaguese 3 per Ct., 1853, '6, '7, '9;60;2;3 41 }
Russian 5 per Cent., 1822, .£ Si B6}
_... . .......,.

Do 41 per Cent. 1850 "
Do 41 per Cent., 1860
Do 3 per Cent., 1859
Do 5 per Cent., 1862
Do. Anglo-Dutch, 1864, £lOO Bonds... 88
Do. do. £Bl 15s. do.
Do., 1866, £lOO Bonds B7}
Do. do. £B4 15s. do —
Sardinian, 5 per Cont.
Spanish 3 per Cen
371
Do Account
Do New Deferred
Do Account
Do Passive
Do Account
Do Corn. Cert. of Coup. not funded
Do Account
Turkish 6 per Cent., 1854
Do Account
Do 6 per Cent. 1858
Do Account
Do £lOO Bonds
Do 6 per Cent., 1862 62
Do Account
Do £lOO Bonds 64 3}
Do. 1863
Do 5 per Cent., 1865 331 I
D.) Account
Do G per Cent., 1865
Do 4 per Cent., Guaranteed
Venezuela, 3 per Cent.
DJ Account
Do 6 per Cont., 1862
Do 6 per Cent. 1864
Dividends ou the above payable in I,,indnie.
Austrian o per Cent. Ex 10 Florins
Belgian, 41 per cent., E. 25f.
Dutch 2* per Cent. Ex. 12 Guil.. —
Do. 4 per Cent. Certificates ..... —
French }lentos, 3 per Cent., Ex. 25f. —
Mini. 5 per Cent. 1851, Ex. 25f.
Do. Account 451 1
TWO O'CLOCK.
Consols, Money (f2k
Do. Account

[The following appeared in our Latest Edition of yester-
day erening.l
CITY, HALF-PAST FOUR O'CLOCK.

There is little change to report in the value of
English Funds, although business has been ani-
mated. Consols closed at 92:1 g for money, and
92j 93 for the account.
The forowing are the latest quotations of some
of the principal railway companies' shares this
afternoon : Caledonian 751 to 754 ; Great Eastern
30i- to 314 ; Great Northern 1071 to 1084 ; Great
Western, 441 to 44:1 ; Lanenshiro and York-
shire, 1231- to 1231 ; Brighton 51 to 52 ; Metropolitan
1151 to 116; Midland, 1114 to 111; North Eastern
(Berwick), 99 to 101 ; and South Eastern, 67k- to
6S.

The sum of £30,000 has been taken from the
Bank.

The changes in the Foreign Market are limited,
although this department during the day has been
the most animated throughout the house. Italian
are 45i 4 t and Greek 1.24 13.

Railways closed with a flat appearance. Metropo-
litan are 115 1151 and Midland 1111

BUTTER AND CHEESE FACTORIES.

Forty years ago the State of New York grew a
surplus of grain (wheat) for exportation, and
" Genesee flour" was known and prized in many fo-
reign markets. Canal boats took in wheat at al-
most every storehouse, from Syracuse westward,
and brought it to Troy, Albany, and this city, for
manufacture and sale. Now all is changed. The
Genesee valley is no longer mainly devoted to
wheat ; even the counties west of Cayuga Lake
no longer grow their own grain. Sheep hus-
bandry, once popular, is now on the wane.
Dairying is rapidly supplanting all other farming
in our rural districts, and we judge that the next
census will return thrice the number of cows in our
State reported in that which preceded it by a
decade. And even dairying itself is undergoing
a decided and rapid transformation, through the
introduction and multiplication of factories for
the systematic and wholesale production of but-
ter and cheese. These factories arc located
near the centre of each radius of three or four
miles wherein grass and cows abound usually
but one in a township as yet, though they are
being rapidly multiplied. A mill stream and water
power often determine the site, though we believe
a small engine and boiler (four to ten horse) are
preferred to a water-power. A cold and copious
spring is well nigh indispensable ; a good stock of
ice, well stored and saved, is desirable. A large
reservoir (like a cellar) is dug in the ground and
tightly walled with planks ; board platforms ex-
tend into this, floating on two or three feet of
water, constantly renewed from the spring. In
this reservoir, deep pails or cans are set and filled
three-fourths full of milk—they sinking and
floating in a like depth of water. The milk remains
here 24 to 36 hours, when the cream is taken off
and churned by steam or water-power—six to 24
churns being operated at once, with no draft on
human muscle. The butter thus made each day,
from cream in the very highest condition, is of
suchuniform and superior quality as to bring from 5
to 10 cents per pound more than farm dairies will
command. And the milk, thus skimmed, is then
made into cheese, rather mild in flavour, but palat-
able and of very fair quality. We never wish to
eat better than some of this, made wholly of
skimmed milk, and sold by the makers at 10 cents
per pound to their entire satisfaction. It is cheaper
than pork, and may be substituted as a staple
article of diet for labouring men, to their great ad-
vantage and comfort. The milk is brought in by
the farmers of the vicinage, weighed as received, and
placed in the cooling vat as aforesaid. The farmers
generally receive a dividend of the proceeds ; but
the better plan is fast gaining ground of paying the
cash for it as fast as received, it being speedily
turned into butter and cheese, which arc cash
artiele!,. We estimate that the dairy product of
our State will be increased at least one-fourth by
the general introduction of these factories, and that
the value of our grass-lands will thus be enhanced at
least 10 doll. per acre.—New York Tribune.