The Sun.
London, England, 1861-01-02 00:00:00

THIRD EDITION.

SUN OFFICE, Six o'clock.

DENMARK.

A Berlin letter of the 29th ult. says :—" It is
positively stated that a confidential corrtmunication
has been received from St. Petersburg concerning.
the Danish Duchies, in which it is as-
serted that the restoration of the legal status
in Holstein is unquestionably within the com-
petence of the Germanic Diet; but that the deci-
sion on the questions connected therewith would
react in several points on Schleswick; and that,
consequently, as Schleswick does not belong to
the German iv-,-Confederation, and the two Duchies
do not -wish to sever the Union which formerly
attached them to each other, the best means of ter-
minating this untoward affair would be to refer it
to a European conference. This conference would
be able to form an impartial judgment on the in-
terests of Denmark, the Confederation, and the
Duchies themselves, and decide all claims with
justice and equity."

MONEY MARKET A. 1171) CITY NEWS.

CITY, Two o'CLock.

Although there is rather less pressure for dis-
eDunt accommodation, an active business is still
reported in banking circles, and the inquiries are
likely to continue on an extensive sale until the
January dividends are paid. A considerable
amount now accumulated at the Bank of England
will then be released, and the effect of the annual
disbursements having partially subsided,a quieter
feeling is likely to ensue ; but a great deal depends
upon the advices from America, which, although
better in tone, have not yet announced any decided
improvement in monetary affairs at New York.
Further remittances will no doubt be made in the
course of the present week; but, in the meantime,
upwards of three• quarters of a million sterling in
specie has just arrived, which may be expected to
counteract the immediate effect of such operations.
The Great Britain will, no doubt, be followed very
quickly by the Roxburgh Castle, which left the
colony about 77 days ago, and may therefore be
considered overdue.

The steamer Atrato, which leaves to-day for
the West Indies, will t ace out £4,400 in specie.
The Mexican dollars brought by the Atrato have
been sold at ss. ltd. per oz., being a decline of
compared with the price realised for the previous
supply.

Intelligence has been received, this morning, to
the effect that the Bank of France have raised their
rate of discount from 41. to 5i per cent. This mea-
sure was expected owing to the relative value of
money in this country, and the renewal of the un-
favourable specie movement in Paris, the demand
for gold having revived.

There were no bullion operations of importance
at the Bank of England yesterday.
A general, though slight, advance was exhibited
in the Foreign Exchanges yesterday afternoon.
A meeting has been convened of the London
and Westminster Bank proprietors, for the decla-
ration of a dividend and the election of three
directors.

At the meeting which has just taken place of
the proprietors of the Colonial Bank, it was stated
that, during the half-year ending June 30, a very
satisfactory business had been transacted, resulting
in a net profit, after providing for all contingen-
cies, of, £37,044 12s; ld., which, after allowing for
a dividend at the rate of 10 per cent. per annum,
would leave a surplus of £12,044 12s. ld. to be
added to the reserve fund, augmenting that item
to £80,940 17s. 9d.

The Edinburgh, which left this morning for
New York, took out £106,000.

The market for Government Securities has
remained steady, but it is exceedingly dull, owing to
the inactivity of speculation. Consols are 921 1,
being firmer than might have been expected, con-
sidering the depression reported on the Paris Bourse
and the increased stringency of money. The New
Threes are steady at 921 a ; the Reduced at 921 ;
Long Annuities at 161 ; India 5 per Cent. Enfaced
Paper is 941; ditto 51 per Cent. 1001, and
Exchequer Bills are 3s. discount.
Continued quietude pervades the Foreign Stock
Market, but prices show an improvement.
Turkish 6 per Cents. are 71 to 711; ditto New 57*.
kpanish Deferred have improved to 41 ; Russian
41 per Cents. to 93 ; and ditto 1860 remain at 901
to 91. Sardinian are flat at Kt.
Business in the Railway Share Market has not
been very active, but prices have exhibited more
buoyancy owing to the favourable character of the
traffic returns. Caledonian, Great Western, Man-
chester, Sheffield, and Lincoln, and North-Eastern
(York), have advanced 55.; Lancashire and York-
shire, North-Eastern (Berwick), and South-Eastern,
10s.; and Midland and West Midland, £l.

The Foreign and Colonial lines have shown no
material variation. South Austrian and Lombardo-
Venetian realise 12/ ; and Northern of France, 39;
Great Western of Canada are steady at 11 ; and
Grand Trunk of Canada Preference Bonds were
heavy at 75.

Joint Stock Bank and Miscellaneous Shares con-
tinue very inactive. Bank of Australasia have
declined £1; and Peninsular and Oriental Steam,
10s.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities 92 1
New 3 per Cent. Annuities - 1
Annuities, 30 yrs, expire bth Jan., 1880..
Ditto for 30 yrs, expire sth April, 1885.. 161.
India Stock
Ditto Enfaced Paper, 4 per Cent. —
Ditto 4 per Cent . 94f 5
Ditto 5f per Cent.
Ditto Debentures, 1858 96
Ditto 1859

Ditto Bonds £l,OOO ..
i)itto under £l,000
Cimsols for Account, Jan. 10 ..
India Stock for Account —

Ditto 5 per Cent. for Account lOl
Exchequer Bills, £l,OOO, lid

FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent ....
Ditto 4k per Cent. 18.0 B6l 1
Mexican 3 per Cent • •
Ditto Account
New Grenada Active, 31 per Cent.
Russian 5 per Cent. 1822, £ St ..
Ditto 41i per Cent.
Ditto 4i per Cent. 1860 9l 901
Sardinian 5 per Cent.
Ditto Account
Spanish 8 per Cent
Ditto Account
Ditto New Deferred
Ditto Account
'
Turkish 6 per Cent ..
Ditto Account
Ditto New Loan
Ditto Account
Venezuelan 3 per Cent
Ditto Account
Dividends on tho above payable in London.
Austrian 5 per Cent. E=.lo Florins 45
Piedmontese 5 per Cent., Ex. 2sf.

THREE O'CLOCK.
Consols for Account, ex div. . ... 921 i

TEM DAY'S SHIPPING.

LONDON, Jan. 2.—Wind this day at noon—North-
Easterly ; fresh breeze, and fine clear weather, with
snarp froat.
ICHATRAIr, Jan. N.—Arrived—Secandra,
from Belize.

DovBR7 Jan. I.—Wind N.E.—Arrived—Jessie, from
Demerara. _ _

N., stream.—Arrived—Charlotte
Harrison, from Quebec
PILL, Jan. I.—Wind
for Newport, with loss of cable
and anchor.
KINGROAD, Jan. I.—Wind N.E.---Arrived—Bellcarry,
from Cardiff for Bahia, with loges of sails and other
damage.
WHITBY' Jan. 1.--The Lovely Neu
Y, of Seaham, from
Sunderland to London, coal laden, came on shore on
Whitby Sand to-day, and has become El total wreck; crew
(except one by drowned), saved by the lifeboat.

(DT ELECTRIC TELEGRAPH.)
SOVTIiINIPTON,OdD,eSday Morning,
Arrived, Jan. I.—Charlotto, from Guernsey ; Alliance,
steamer, from Havre ; Susanne, from Newport.
Sailed—Bremen, steamer, for New York ; Courier,
steamer, for Jersey.