The Sun.
London, England, 1859-01-08 00:00:00

111O1VBI 111ARICET AA-VD C.LtY NE Ws.

CITY, Two O'CLOCK.

The Bank of England weekly return, completed
to the sth January, shows some important altera-
tions, but, with the exception of the increase in the
bullion, they exhibit no features beyond those
usually produced at this period of the year. The
reserve of notes has been lessened to the
extent of about half a million, but this is
accounted for by the increase in the other securities,
and the.large additon made to the Active, circula•.
tion consequent upon the preparations to meet
numerous commercial engagements at the close of
the year, and also the advances made upon. Govern-
ment securities during the shutting of the transfer
books. In the private deposits there is a large
increase, but the public deposits show a falling off.
In the other items of the balance sheet there is
little' change of importance ; they will be seen in
the subjoined. table :

Active Circulation .. ..:20,882,250
Increase 771,900
Bullion .. .. 19,145,649
Increasf3 178,549
Rest .. 3,166,862
Increase .. .. • . 51,785
Public Deposits 9,632,309
Decrease 173,720
Other Deposits .. 13,580,106
Increase 676,488
Seven Day and other Bills 821,795
Increase .. 109,025
Government Securities .. 10,805,931
Decrease .. .. 2,660
Other Securities .. 18,209,742
Increase .. .. 1,259,589
Notes' Unemployed 12,161,000
Decrease 583,695
. At the tank of England yesterday there were
no bullion operations of importance.
In the foreign exchanges yesterday afternoon no
material alteration took place, except in the rate
on Hamburg, which was slightly lower.
Tenders have been accepted for £651,000 of the
One Million 6 per Cent. Victoria Railway Deben-
tures at the price of 107, which was the minimum
fixed by the committee of Australian banks, ap-
pointed to introduce the project to the notice of the
investing public. The remainder, namely,
£349,000, will be disposed of to-day according to the
arrangement made at the meeting held yesterday.
Many of those whose offers were rejected yester-
terday, owing to their being under the reserved
price, will no doubt apply for a portion of this
balance, as the securities seems to be very popular,
owing to the high rate of interest which they
will return. Very little business has yet been
recorded, but they are nominally quoted 107 to
108. The meeting yesterday was numerously
attended by capitalists and others interested in the
colonies, and the proceedings passed off in a very
satisfactory manner.
The Liverpool Cotton Market yesterday con-
tinued quiet; and prices tended downwards. The
sales were estimated at 6,000 bales. The Railway
Share Market closed steadily, and values were
unaltered.

Since Monday last the imports of specie have
been about £48,281, and the exports £512,384,
eXcluSive of the following shipments direct from
London to the continent during the week ending
Thursday last gold coin, 2,000 oz. ;
Boulogne, ditto, 300 oz., and silver coin, 2,400 oz. ;
Hambro', gold bars, 4,764 oz.
The English Funds have again been subjected
to. depreciation,, owing to 'the state of political
affairs on the Continent. It is now alleged that
30,000 Austrian troops have marched to Italy, so
that the question is getting very serious, in spite
of the reassuring statements published in the
This news transired Paris yester'-
day, and no doubt assisted to produce; the
fall of 1- per cent. in the Rentes. There is
now a sympathetic movement here, and although
the Funds are now a trifle firmer, the reaction at
one time exceeded 1 per cent. Consols have been
954 96 for the 11th inst., and 96, buyers, for the
February. account. The present prices are 96 to
961 and 961, respectively. The New 3 per Cents.
and the Reduced Annuities are flat at 964 Bank
Stock is firm at 227. The March exchequer Bills
are marked 40s. to 425. prem. ; June ditto, 395.
prem. India Loan Debentures, 991, being a de-
cline, and the Bonds are 18s. to 19s. prem.
Business in the Foreign Stock Market is quiet,
as usual on Saturday; and prices are heavy. Turkish
6 per Cents, are 901 to 91; the Scrip, 31 to 3 dis. ;
C.-Lilian Loan is to I dis. ; Russian 41 per Cents.
are stmdy, at 99 to 1001 ; and Dutch 4 per Cents.
at 101 to 1011- ; Sardinian has receded to 86 and
87A- ; Spanish Deferred, to 301 1; and the Passive
,
is marked:ol; Venezuelan Deferred,.l6l a.
In. the Railway Share Market the dealings have
heal on a. very limited scale. A further depression,
however, has taken place in prices, most' of the
principal lines having receded about a to+ per cent.
North 'Western, Manchester, Sheffield, and Lincoln,
North British, and North Eastern (Berwick), de-
clined 55.; Eastern Counties, Lancashire and York-
shire, and. Midland, 10s.; and 'Caledonian and
South Eastern, 15s.
The Foreign and Colonial lines are very flat. Dutch
Rhenish have declined ss. to 10s., and Lombardo-
*Venetian about 15s. ; East Indian have receded ss. ;
Grand Trunk of Canada, 55., and Punjaub, ss.
3-6
-lit -Stock, Bank and Miscellaneous Shares
r" li4fl, -vgria+inn fr,-,111

IqaTISII. EU \DS—C.L.LNG PRICES.
1:.:5...k Stock
', per'Cent. Redneed Annuities - 96! a
3 Per Cent. Consols Annuities 9371 6
New,.3 per Cent. Annuities
India' Stock
Ditto' Debentures —
991
Ditto Bonds, ~el,000
Consols for Actoinit ' . . . 96 51
h.. , . .
Rxcliequer Bills, .tl,OOO, 2d. & 11d.. 42Marc 40
Ditto Small, 11d.-• ' .—I 1 39 p
,•' FOREIGN FUNDS--CLOSING PRICES.
ic
ussian,-:1822., St., 5 per Cent —
Ditto 41 per Cent.' - , , IOW 99:171001
Sardinian o .per. Cent. ..... ....-...- - 8716 71
.spanish 3' per Cent. ,
—7.
Ditto New Deferred; '3 per Cent.
Ditto Account
,
Ditto Passive ,
Ditto New Loan Scrip —
Ditto Account 3l 1 d
V eTI ezuela , o per Cent. Ditto
Deferred 2 per Cent. l6l
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent...
Ditto Certificates, 4'per Cent.

Ime.

Consols for Account TWO O'CLOCK.
k
llitto February Account 961—buyers.

STATE OF TRADE.

MANcirEsTER, Jan. 7.---Since Tuesday there has
been apparent an increasing disposition on the part
'24' buyers to 'pause in their operations, especially in
Yarns and goods for India and the East. In great
measure this is the result of the difficulty which
has been experienced in getting deliveries made
'flifliciently early, as well as from the high rates
Which have now been reached in most. departments
Of the,markeE.. The extent to which producers are
I:dereontract--in some cases for a couple of months
ti
th come—give them such control over prices that
ire is an upwerd:tendeney where articles are re-
d immediately. , .There is not much, excite-
thent, the iinVroVementin.priceS being regarded as
legitimate erect of -the demand exceeding the
WI of manufactured goods -in.- general. The
sliiPpaticeable. exception is in a few kinds of cloth
.401 e for the Levant.

r„I:.4E AMERICAN SCHOOL SYSTEM.—The New
al;if -examinerAceordinf
g to the late Now York
Census, it appears that out of a population of three
re"a half millions there are about 97,000 who can neither
cLa nor write—one thirty-sixth part of the whole.
GREENWICH HOSPITAL.—It is understood that
a .8, a commission of inquiry instituted relating to the
education department of Greenwich Hospital, having re-
ference, among other matters, to the habits of some of the
-,-,asters in that establishment.
PROPOSED GOVERNMENT OFFICES.—The views
ee Government in respect of new public offices have
!Inrgone a change. Without professing to be quite exact
14 a matter which seems not yet to have reached the stage
of exactness, we believe the present intention is that a build-
tile shall be erected in Downing-street for the purposes of
e Colonial-office and the East India Board ; and that Mr.
Scott and Mr. Digby Wyatt (the latter holding the appoint-
Ment of architect to the East India Company), will be as-
sociated as architects.—The Builder.
Pl'",,Bl°N COLLEGE.—An interesting celebration took
ce en Thursday at Sion College. The whole of the alms-
People were entertained at dinner in the old college hall,
aPPropriately decorated. The supply of Christmas fare
was of the amplest, apd the dinner was attended by the
cdaurt of governors add by several of the fellows, the presi-
jinteceupying the chair. Divine service was previously
a-ne ratedl at St. Alphage Church/ within the college walls,
d the sermon, one specially suited to the occasion, was
Preached by the president, Mr. Scott,