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

CITY _IV Eff'S.

_MONEY MA

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 item* of the balance sheet there is
little change of importance; they will be seen in
the subjoined table :
Active Circulation X 20,882,2,50
Increase .. • . 771,900
.Bußi • •
on • • • • • • •• 19,145,649
• • • • 178,549
Rest • • • • • • •.3,166,862
Increase 61,785
• • )
. Public Deposits
.. 96321309
Decrease .. • • 173,720
Other Deposits .. • • 13,580,106
Increase .. • • 676,488
Seven Day and other Bills .. 821,109,025795
Increase ..
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 Bank of England Yesterday there were
no bullion operations of importance.
In the foreign exchanges yesterday afternoon no
matizial 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,
£349p000; will be disposed of to-day according to the
airangement 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,
:411 g to the high rate of interest which they
return. Very little business has yet been
108. The but they are nominally quoted 107 to
The meeting yesterday was numerously
eUded by capitalists and others interested in the
eoln
-"'Llsrand the proceedings passed off in a very
actory manner.
The Liverpool Cotton Market yesterday con-
tinued quiet;,and prices tended downwards. The
files were estimated at 6,000 bales. The Railway
hare, Market closed steadily, and values were
unaltered. • •
Since Monday last the imports of specie have
been about £48,281, and the exports £512,384,
exelu'si,ie of the following shipments direct from
London to the continent during the week ending
Thursday last :—Belgium, gold coin, 2,000 oz. ;
Boulogne, ditto, 300 oz., and silver coin, 2,400 oz.;
Ilambro', 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
_I published in the
lfonitezp% This news transpired in Paris yester-
day, and no doubt assisted to produce the
fall of 4 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
958 96 for the 11th inst., and 96, buyers, for the
February account. The present prices are 96 to
and 961 t respectively. The New 3 per Cents.
and the Reduced Annuities are fiat at 9614. Bank
Stock is firm at 227. The March Exchequer Bills
are marked 40s. to 425. prem. ; June ditto, 395.
P India Loan Debentures, 991, being a de-
cline, and the Bonds are 18s. to 19s. prem.
Business in the. Foreign Stock Market is quiet, I,
as usual on Saturday, and'prices are heavy. Turkish
6 per Cents. are 901 to 91 ; the Scrip, 31 to 3 dis.;
Chilian Loan is 4 to dis. ; Russian 41 per Cents.
are steady, at 00.1 to 1001.; and Dutch 4 per Cents.
at 101 to 1011; Sardinian has receded to 86 and
871; Spanish Deferred, to 301 4 ; and the Passive
is marked 101;; -Venezuelan Deferred, 161 I. 'S
In the Railway Share Market the dealings have ;
been on a. very limited scale. A further depression,
however, has taken place in prices, most of the
Principal lines having receded about Ito per cent. lS'orth Western, Manchester, Sheffield; and Lincoln, s
:North British, and North Eastern (Berwick), de-
clined ss. ; Eastern Counties, Lancashire and York- g;
13,,hire, 'and Midland, 10s. ; and Caledonian and Si
4.30
utA.L Eastern, 15s.
Rhenish
Foreign and Colonial lines are very fiat. Dutch '
'lleaieh have declined ss. to 10s., and Lombardo-
Genctiall about 15s.'; East Indian have receded ss. ;
l',and Trunk of Canada, 55., and Punjaub, ss.
snow little
Joint Stock Bank and Miscellaneous Shares
variation from previous rates.

11 BRITISH FUNDS—CLOSING PRICES.
dank Stock
227
; P'l. Cent. Reduced Annuities ' 29 4
ijer Cent. Consols Annuities
1 Qw. Per Cent. Annuities
INNut Stock -
.•
.1/IttO I)ebentures
h.
99
'"lttoDonds Sl,O 00
C
96 51
°Paola for Account - 19 18 p
' March June.
Px„h .
Ditt' -- oilier Bills, Zl,OOO, 2d. & lid.. 42 40 I—l
39 p
o Small ltd. ... . ..... . . .....
FOREIGN ,FUNDS—CLOSING PRICES.
Mission, 1822, £ St" 5 per Cent ......
Ditto 4per Cent.
• • Nrchtuan 5 per Cent
BPanish iper Cent.
Ditto Account
~. Ditto Passive
161
A urkish 6 per Cent.
Ditto New Loan S 901 1
rip —
Venezuela. 5 per Ditto Account c
Ceper.
31 i d
Di; to Deferred 2 Cent
Dividends overthe above payable in London.
Butch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Cent.
Consols for Account ... TWO 0'CL0CK...... .....
ik
Ditto February Account

STATE OP TRADE.

21
21
b MOCT/ESTER, Jan. 7.—Since Tuesday there has st
ofeen. aPparent an increasing disposition on the part
yarnuYers to pause in their operations, especially in -
sh, and goods for India and the East. In great _
11—aeu sure this is the result of the difficulty_. which
klvilhffisiebhieenillitlyexperienced in getting deliveries made
early, as well as from the high rates
thee ave now been reached in most departments
‘lllll.tof deerenlon4trrakeett•
ilt;he extent to which producers are
some cases for a couple of months.a
theZe--give them such control over prices that
qili.,,-,,,au upward tendency where articles are rnien-i'„rninediately. There is not much excite-
the_
1 c',ue impt•ovement in prices being regarded as
tiiippjlltiniate eact of the demand exceeding the
°IIIY 1710,°;f manufactured goods in general. The_
811itabl4eahle exception is in a few kinds of cloth
°l' the Levant.

---....,
IRE A4l
York
_E, ERICAN SCHOOL SYSTEM.—The New
I;,tsacidatea zal4iner says ~ According to the late New York
Chaeifilltsitiiitotiali-plfsa:r—s thataobuetuotf
v nor write.....o there are. 9a7,opooopwulhaetioc
I la
no of
neither three
Git E E ne thirty-sixth part of the whole.
therf, • IWieri ROSPITAL.—It is understood that
fede_oecal-ictlePona:°l ptnission of inquiry instituted relating .to the
r a„,— 'ePartinent of Greenwich Hospital, having
the
of -;,74.°11g other matters, to the habits of some of h
rtri: LiAat edablishment.
° -- GOVERNMENT
of the 6-
have
OFFICES.—The views
!ltderen"errullent in respect of new public offices
io ~, riTalle a`change.
reached the stage
Without professing to be quits exact
of ~,a,t ter which seems not yet to have.rea
ja' shsliets, Ire believe the present intention is that a build -
the ci' be erected in Downing-street for the purposes of
Scotto onial-office and the East India Board ;
oint-
an-d that Mr.
keut al'. ci Mr. Digby Wyatt (the latter holding the!p?
as-
-2-ciateeciasch.itze.t,...to the East India Company), will o „SIoN p7feukeeta•— The Builder.
ce
°II
Tllllll
to • The whole of the alms
k"' --LIPGE.—An interesting celebration took.
People we_ _ YIt Sion College. .
court
epe amplest
aliPro.ritained at dinner in the old college hall,
Was of ~,eiy decorated. The supply of Christmas ~ It
$ and the dinner was attended by the
dent 0, Dvernors and by several of the fellows, the prem.-
'lebrat4Yillgthe chair. Divine service was previously
am
the at St.
, Alpha Divine Church, within the college walls,
Areaourb—men, one specially suited to the occasion, wa
y tile -
presiaent, .5-Ir, Scott,