The Sun.
London, England, 1861-02-18 00:00:00

MONEY 111ARK.P.T AND CITY NEWS.

-

CITY, Two o'CLocK.

From the manufacturing districts the accounts
during the past -week have again been of a very
unsatisfactory charticter. The woollen trade at
Leeds has shown increased depression, owing to
the advance in the rate of discount. At Man-
chester the high price of money, combined with the
strike among the weavers at Blackburn has caused
a partial suspension of business. The hosiery trade
at Leicester has been inactive, but a slight improve-
ment has taken place in the lace and cotton hosiery
departments at Nottingham. In the hardware
districts, viz., al; Birmingham, Sheffield, Wolver-
hampton, and Walsall, there has been little or no
improvement in the general demand, the only
transactions recorded being to supply immediate
home requirements.
A small amount of gold, viz., £4,000, was sent
into the Bank of England yesterday.
To-day a call of £'L 15s. per share became due on
the Castle Douglas, and Dumfries Railway Pre-
ference shares.

Rather more quie tulle now prevails in the dis-
count market, the recent advance in the charge for
accommodation having had the effect of limiting
the demands to immediate requirements. The de-
pressive influence upon trade is already fully
manifested in the accounts from the manu-
facturing districts, and the position of busi-
ness in the metropolis. At present the dimi-
nution of inquiry has not made any impression
upon the banks and discount firms, who are not at
all eager to extend their operations ; but if the
market should retain a quiescent appearance, com-
petition may be e xpected to revive as soon as confi-
dence returns, and some reactionary movement
may be anticipated.

In the Liverpool Cotton Market on Saturday the
business transacted was of a moderate character,
and at previous rates. The sales were about 5,000
bales.

The market for Public Securities has been
quiet to-day, -without any decided symptoms of
recovery from the depression experienced last week,
Consols being 911 a for transfer, and 91; 92 for the
account. Speculation is very inactive, and the
operations for transfer are also circumscribed. The
New Threes and the Reduced are flat at 91; I, and
Exchequer Bills at 7s. dis. ; India 5 per Cents. are
1001 e; and ditto New Scrip 1001 ; Bank Stock
has further advanced to 241.

A fair amount of business is recorded in Foreign
Securities, but prices show less firmness. Turkish
6 per Cents. are 691 to 701; do. 1858, 551 to 561;
ditto £lOO Bonds are 58! ; Mexican have receded

to 24/ ; Portuguese to 451. Greek Bonds are
marked 9 10 ; Spanish remain at 484 ; do. Deferred
are flat at 40* 4 ; • but Sardinian are firm at 81/.
In the Railway Share Market the transactions
have been rather restricted and a further down-
ward movement took place in prices. Caledonians,
Great Northerns, Great Westerns, and North
Eastern (Berwick), have receded ss. ; Midlands,
10s„ and Eakern Counties, 15s.
The Foreign and Colonial Markets have con-
tinued very dull without any change of importance
in values. Bahia and San Francisco realise 101 ;
Grand Trunk of Canada have declined to 221, and
Great Western of Canada to 111 ; East Indian are
steady at 981 y, and Great Indian Peninsula at
951 a,•

Joint-stock Bank and Miscellaneous Shares have
remainedvery inactive, without any material change
to record in values. Oriental Bank, Ottoman
Bank, and Peninsular and Oriental Steam, how-
ever, are a shade firmer.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities..
3 per Cent. Connie Annuities -
New 3 per Cent. Annuities 9ll i t
.
India Stock . . , • •
Ditto 5 per Cent
Ditto Scrip - 1
Ditto Debentures, 1858
Ditto 1859
Ditto Bonds £l,OOO —
I :Ditto under £l,000
Consols for Account, March 7
India Stock for Account —

Ditto 5 per Cent. for'Account lOOl 1100
Exchequer Bills, £l,OOO, 11d

£5OO 7 dis
Ditto_Small
• FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
Ditto 41 per Cent. 1860
Greek
Mexican 3 per Cent
Ditto Account
New cimada Active, per Cent.
Ditto Deferred
Peruvian 41 par .. 4: .
Ditto (Uribarren), 42 petenf:.......Si
'Portuguese 3 per Cent., 1858. 451
Sardinian 5 per Cent
Spanish 3 per Cent...
Ditto Account

Ditto New Deferred 4O!
Ditto Account
Ditto Passive
Spanish Cert. of Coup. not funded.......
Turkish 6 per Cent ..
Ditto Account -

Ditto New Loan
Ditto Account
Ditto £lOO Bonds
Venezuelan 3 per Cent
Ditto Account
Dividends on the above payable in London.

THREE O'CLOCK.
Consols, Money 911 I
Ditto Account

THE OXFORD "ESSAYS AND RE-

VIEWS."

The following reply from the Archbishop of
Canterbury has been received by the Rev. W. R,
Fremantle, of Haydon Rectory, in reply to an ad•
dress bearing upon the " Essays and Reviews."

Lambeth, Feb. 12.
Rev. Sir,—l have taken the opportunity of meeting
many of my episcopal brethren in London, to lay your
address before them.
They unanimously agree With me in expressing the pain
it has given them that any clergyman of our Church
should have published such opinions as those concerning
which you have addressed us. _ _ _

We cannot understand how their opinions can be held
consistently with an honest subscription to the formularies
of our Church, with many of the fundamental doctrines of
which they appear to us essentially at variance.
Whether the language in which these views are ex-
pressed is such as to make their publication an act which
could be visited in the ecclesiastical courts, or to justify
the synodical condemnation of the book which contains
them, is still under our gravest considera.ion. But our
main hope is our reliance on the blessing of God in the
continued and increasing earnestness with which we trust
that we and the clergy of our several dioceses may be
enabled to teach and preach that good deposit of sound
doctrine which our Church has received in its fullness, and
which we pray that she may, through God's grace, ever
set forth as the uncorrupted Gospel of our Lord Jesus
Christ. —I remain, rev. sir, your faithful servant,
Rev. W. Fremantle. J. B. CANTUAR.
I am authorised to append the following names :
C. J. Ebor. R. D. Hereford.
A. C. London. J. Chester.
H. M. Dunelm. A. Llandaff,
C. R. Winton. R. J. Bath and Wells.
H. Exeter. J. Lincoln.
C. Peterborough. C. Glocester and Bristol.
C. St. David's. W. Sarum,
A. T. Chichester. R. Ripon.
J. Lichfield. J. T. Norwich.
S. Oxon. J. C. Bangor.
T. Ely. J. Rochester.
T. V. St. Asaph. S. Carlisle.
J.' P. Manchester.

ALARMING FlRES.—YesterdaY morning, at a few
minutes past 3 o'clock, a fire of a very;‘, alarming character
o Knox, an broke out on the premises belonging t
under-
taker and auction-room proprietor, carryingTh on business in
The outbreak Russell-place, Dover-road, Boroug.
com-
menced in a brick building, two floors high and over 50
feet long, used as auction-rooms and haylofts.
rushed
in
fts. A
number
ehe
ber
of persons, including several police officers
blazing building, and fortunately succeeded in sa into the
a
great number of hearses, mourning coaches, horses, and
ladders, which were taken to a distant place for safety.
The firemen were unable to extinguish the fire until the
premises were extensively damaged, and part of the roof
destroyed.
"Messrs. Gomidos, Panos, and Co., Greek mer-
chants, of Paris, whose suspension was announced last
week, have resumed payment.
Arrangements have been made for the transfer of
the business of the Commercial Bank of London to the
London and Westminster Bank, by which latter establish-
ment the business will be for the present continued at the
offices of the Commercial Bank of London in Lothbury and
llenrietta-street.
THE CATTLE TRADE—NORWICH, Feb. 16.
There was a good supply of store cattle here to day, and a
fair business was done at about former rates, the farmers
evincing some disposition to purchase. The same report
may be made with regard to sheep, the pens being pretty
well cleared.

The celebrated male soprano, Jean Baptiste
Velluti, for whom Rossini wrote his " Aurelian° in Pal.
t'Vra," and Meyerbeer his ''Crociato in Egitto," is no
nlore. He was born at Monterone, in the Marches of An-
"laa) in 1781, and died recently at Mira, in the Venetian
provinces.