The Sun.
London, England, 1861-12-12 00:00:00

MONEY MARKET AND CITY NEWS,

CITY, Two o'CLoox.
Although the demand for accommodation has
slightly increased, the rates in the open market
continue to range as low as 21 per cent., and there
is still an abundant supply of money.
There was a good enquiry for all descriptions of
cotton in the Liverpool market yesterday, and
prices were very firm. The sales were 10,000
bales.

The Spanish Financial Commission have notified
that the auction of the Foreign Redeemable Debt
will take place at Madrid on the 30th inst., for
which purpose the Government have assigned
4,421,072 reals.
Thbre were no bullion operations of importance
at the Bank of England yesterday.
A dividend at the rate of 8 per cent, per annum,
and a bonus of 5 per cent., have been declared by
the directors of the National Provincial Bank of
England.
The half-yearly meeting of the St. Katherine
Dock Company will take place on the 21st proximo,
for the declaration of a dividend.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :--
1861.
Great Western
North-Western
South-Western
Brighton 15,579
Midland
South-Eastern
Great Northern 24,971
Lancashire and Yorkshire
Bristol and Exeter 5,531

1860.
£43,725
78,941
14,206
13,698
40,400
17,137
24,777
35,045
5,673

North-Eastern
Manchester, Sheffield, and Lincoln
North British 6,248
Edinburgh and Glasgow 6,230
Great Western of Canada 9,473
Grand Trunk of Canada

37,107
15,270
6,099
6,124
8,941
16,114

These returns generally show some unfavourable
features. On the North Western there is a decrease
of £1,504; on the Midland of £630; on the South
Eastern of £414 ; on the Lancashire and Yorkshire
of £2,912 ; ou the North Eastern of £827 ; and on
the Great Western of Canada of £532. The Great
Western, however, shows an increase of £1,426 ;
the South Western of £1,106 ; the Brighton of
£1,881; the Great Northern of £194; and the
Grand Trunk of Canada of £2,401.
The market for Public Securities opened this
morning with as unfavourable appearance, and
several sales on speculative account soon led to a
decline. Consols, at one time, were 90 to 90k, for
money, and 901 for account. Bat the latest
prices are 901 a, and 90! 1 respectively. The

market is influenced by the uncertainty felt with
regard to the tenor of the advices that may be re-
ceived from America. The New Threes and the

Reduced are steady at 898 90 ; Exchequer Bills,
March, 10s. prem. ; ditto, Sane, 12s. to 16s. prem.
India 5 per Cent. Stock is 1021 1, being firmer.
Business in the Foreign Market has been inac-
tive, and prices have shown no important varia-
tion. Turkish 6 per Cents. are 77 1 ; ditto 1858,
67 1-; Mexican are flat at 261; Brazilian steady at
97 1; Chilian 41 per Cents 831; Russian 5 per
Cents. are firm at 99 ; and Spanish Certificates st.
A very limited amount of business was trans-
acted to-d... 37 in the Railway Share Market, but
prices were generally well sustained Caledonians,
Midlands, and South Easterns improved ss. ; and
London and Brighton, 15s. ; but North-Eastern
(Berwick), have declined 10s.
The Foreign and Colonial lines have remained
moderately active at about previous rates.

Joint Stock Bank and Miscellaneous Shares are
without any material variation, London and West-
minster realise 691, Union of London 27f, Electric
Telegraph 94, Peninsular and Oriental Steam
709 I, and Oriental Inland Steam 61.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities 9Ol 1 i 90 a
3 per Cent. Consols Annuities
New 3 per Cent. Annuities B9a 90 89k 901
India Stock
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent 79
Ditto 51 per Cent
Ditto Debentures, 4 per Cent., Oct., 1863 981 i
Consols for Account, Jan. 9 9oa I if
ndia Stock for Account, 5 per Cent

. . _
March. _
Jun 9.
Exchequer Bills, £l,OOO 2d, 10 pm 16 12
Ditto £500
Ditto Small — 1 12 16
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent -
Cuba, 6 per Cent. —
Ditto 4/ per Cent.
Mexican, 3 per Cent
Ditto Account
Russian 5 per Cent. 1822, £ St 99
Ditto 41 pex Cent . . 9ll
Ditto 41 per Cent, 1860
Spanish 3 per Cent
Ditto New Deferred —
Ditto Acco nt 42
Spanish Cert. of Coup. not funded
Turkish 6 per Cent —
Ditto Account
Ditto New Loan
Ditto Account
Ditt2 Guaranteed, 4 per Cent.
Dividends on the above payable in London.
THREE O'CLOCK.
Consols, Money
Ditto Account

THE MEXICAN EXPEDITION.

A letter, dated Teneriffe, sth December, says :

" The usually quiet roadstead of Santa Cruz de Tene-
riffe has not been a little surprised and delighted at the
arrival successively in its waters of a whole fleet. The
first rendezvous of the French squadron destined for the
Gulf of Mexico was the Canary Islands. At this season of
the year for vessels of different size and class starting from
different ports it seemed a difficult task for them all to
arrive punctually. The first arrivals were the Guerriere,
Ardente, and Montezuma, frigates, from Brest, and the
Astree, from Lorient. They were at anchor when the
Messina, bearing the Admiral's flag, arrived from Toulon.
They saluted the Admiral, and manned yards to the shouts
of "Vivo l'Empereur." Seldom has the little town of Vera
Cruz, coiled up at the foot of its peak, and reposing peace-
fully amidst its orange groves and vineyards, witnessed
such a festival. The population of the island, which is
aware that the flag of the mother country will shortly join
the tricolour in a common enterprise, has given the most
hearty welcome to the French officers and men who same
on shore. The best discipline and good feeling animate
the squadron, which consists of nine vessels, now anchored
in the roads in two parallel lines, and which, according to
the returns of the port captain, arrived as follows :—The
frigate Guerriere, from Brest, on the 18th of November;
the frigate Ardente, from Brest, on the 20th of November;
the frigate Astree, from Lorient, on the 20th ; the frigate
Montezuma, from Brest, on the 22d ; the aviso Chaptal,
from Toulon, on the 23d ; the Messina, man-of-war, from
Toulon, on the 23d; the aviso Marceau, from Cher-
bourg, on the 23d; the transport Aube, from Tou-
lon, on the 24th; and the aviso Berthoilet, from Brest,
on the 25th. All these vessels, most of them new screw
ships, armed with rifled cannon represent a force of 3,000
sailors, and have nearly the same amount of troops on
board. It is said they will take in more troops at the
French colonies of Guadeloupe and Martinique. The
Zouaves excite the greatest curiosity of the inhabitants.
Yesterday (Sunday), the Admiral's ship and the frigates
were visited by a number of the inhabitants, and our pretty
Canaria girls are much pleased with the politeness and
courtesy of the French officers. The squadron will leave
with a full supply of coals, cattle and sheep, bananas,
oranges, and wine. The weather, so capricious at this
season of the year, has been very favourable. Though the
peak obstinately keeps its snow-crowned head concealed,
there is a splended sun, favourable wind, and a calm sea.
All our best wishes acccompany the French fleet. Its visit
will long be remembered here; it will become a date in
Teneriffe, and years hence we shall hear' That was at the
time the French fleet visited us on its way to Mexico.' "

CHARGE OF ASSAULT AGAINST A SCHOOLMASTER
—At the Leeds Town-hall, on Tuesday, before J. Wilson,
Esq., and C. J. Medea, Esq., Mr. R. H. V. Sebright, mas-
ter of the St. Marie's Roman Catholic day school, Rich-
mond-hill, was charged with assaulting Wm. Dyson, pupil
teacher, on the morning of Friday last. The boy stated
that Mr. Sebright had beaten him very severely on the
head, so that he was obliged to stay at home the whole of
the afternoon. The boy's mother also deposed that her son's
face was very much swollen, and that "it was the colour
of the fire, it was so red." Mr. Sebright, in answer to the
charge, said the boy's statement was substantially cor-
rect, but he submitted in extenuation that he had boxed
the lad's ears under great provocation. He had been
a schoolmaster eighteen years, and it was the
first time be had struck a pupil teacher. For the last 18
months this lad had been a great to him; he had hitherto
acted kindly towards him, and had remonstrated with him
upon his conduct at the request of his parents. At the time
when the off6nce complained of took place, Dyson was
superintending a writing class ; he asked him t) move about,
instead of standing in one place, which he refused to do
and being annoyed at this and other instances of bad con-
duct, he had, ho acknowledged, boxed the prosecutor's ears
with the palm of his hand. The lad's statement with re-
ference to standing still was that he had-Amid in the class
for the purpose of pulling out a pen which had become fast
in the holder. The magistrates said they were of opinion
the evidence proved that the defendant had exercised undue
severity, and that it was a very dangerous practice to strike
boys on the head. They should fine him 205., including
costa, or seven days' imprisonment,