The Sun.
London, England, 1857-01-12 00:00:00

During the past week the arrivals of the precious
metals have been rather large, viz., about 678,7001.,
which have comprised 6,0001. from Africa by the
Candace, 77,0001. from the United States by the
Africa, 400,0001. from Australia by the Montmo -
renoy, and 195,7001. from the West Indies and the
Pacific by the Orinoco. The exports have been
only to a moderate extent, and have consisted
chiefly of shipments to the Continent through the
London Custom House, amounting to 81,3801., and
15,0001. to the Brazils by the last packet—amount-
ing to 96,3801., independently of which it is sup-
posed that about 250,0001. has been shipped by
private sources to France, the particulars of which
are not known.

Since the alteration in the rate for advances on
stock by the Bank of England the money market
has become more stringent, and there is now a
considerable degree of pressure. In Lombard-
street and at the Bank of England the applications
are very numerous, and there is every prospect of
the present terms being maintained if not in-
sreased.

On Saturday there was a scarcity of capital in
the Stock Exchange, and as many of the dealers
had to repay loans to the Bank much inconvenience
was experienced. The " House" was open an hour
later than usual—viz., till three o'clock.
There has been a larger business transacted in
the English Stock Market today, but sales having
preponderated, the prices have drooped. Although
many circumstances are in favour of an improve-
ment, the unsettled aspect of the Money Market has
a paramount influence, and the tendency is conse-
quentlyin the direction of a decline. The pressure for
money out of doors, and the difficulty found by those
who have borrowed money from the Bank to raise
the means to return it, have awakened a fear that
increased stringency will now be experienced.
While this feeling lasts, therefore, we can-
not look for any buoyancy in Public Securi-
ties, nor in any other description of negotiable
property. Consols for money have touched
951 but have since realised 934 j/. For the ac-
count, business has been recorded at 94 to 941,
SSI, and 931 to 94 ; the present quotations being
I for transfer, and 93; to 94 for the sth proxi-
mo. The New 3 per Cents are 94 to 94i, and the
Reduced 93i to 94 ; in these stocks there have
been several dealings. Bank Stock rules flat, at
2113 and 2171. Exchequer Bills are firm, consi-
dering the demand for money, being par to 35.
premium, and the Bonds are 98i to 99.

Foreign investments excite very little attention.
Turkish 6 per Cents, are 95 to 95k, and the 4 per
Cents. 1031 #. The Spaniel Committee's Certi-
ficates have dropped to 53/4 Sardinian Bonds
are 89k. Mexican 213/4 ; and Belgian 43/4 per
Cents. 98.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 6 7 ; Mexi-
can, 211 ; Peruvian, 771 81 ; ditto 3 per Cents.,
$ll 6 ; Portuguese 3 per Cents., 43 5 ; Russian
6 per Cents., 106 8 ; ditto 4 por Cents., 95 7;
Spanish 3 per Cents., 40± ; ditto Deferred,
2Si 4 ; ditto Certificates, 5t ; ditto Passive,
5i f.

There has been an active business transacted in
the Railway Share market, but a reduction in value
to the extent of fully to per cent. has taken
place in almost all the chief undertakings. East
Lancashire, Great Northern, Great Western,
north Western, South Western, North Eastern
Berwick, and South Eastern have declined about
101. The French and Canadian lines are also at
reduced rates, but East Indian rule firm.
Joint Stock Bank Shares are exceedingly in-
active, and prices rule rather lower. Miscellaneous
shares are moderately dealt in, but at lower quo-
tations. Canada Government 6 per Cents., Na
tional Discount Company, Peninsular and Oriental
Steam, and South Australian Government 6 per
Cents, being at reduced values.

BRITISH FUNDS.—CLOSING PRICES—THIS DAY.
( from the Official List.)
ftn.0,..% done
Bank Stock
3 per Cent. Reduced Annuities
8 rev Cent consols Annaitiee 93 $ $
lew 3 per Cent. Annuities 94s 4
Ludt" Bonds, £lOOO
Ditto, under £lOOO ."..
'••'
....
par
Consols for Account • 948 3i
.Exehequer Bills, 2id.
£lOOO .
£5OO ..........
Small ............ p par
Ditto Bonds,lBsB . ... .................... 1p 3 p par
Ditto, 1859 per Cent.............
9811 9
PRICES OF FOREIGN FUNDS—THIS DAY.
Brazilian Fonds, 5 per Cent. .
Buenos A yres Bonds, 6 per Cent, ............. I.(Pi
Equaclor New Consolidated.,,, """••...°')
Ditto Provisional Land warrant
Greek Bonds ................................
Mexican 3 per Cent ......................................
21
Sardinian Bonds, per Cont. .....
........... ZO! a
Spanish Bonds, 3 per Cent .. ........ `-92
............
Ditto Account
40
Dittos New Deferred, 3 per Cent. ....... •
231
Spanish Committee Cert. of Coup. not fun /51
Tnrkiell Bonds, 6 per cent
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account
irlenAP on the above ,-eveble in Low,
Belgian, 2i per Cent., ex. 25 francs
Ditto 4i per Cent.. cx. 25 franca 9B
hatch Exchange, 2 per Cenl., 12 Guilders
Ditto 4 per Cent. Certificates ........ 98i
THREE O'CLOCK,
Consols', money 93 $
Ditto Account (February 5) 934 4

EXETER-HALL—The " Lohgesang "
and the "Re
Sacred Har.
quiem" will be again performed by the
jot monic Society on Monday next, the 19th . Madame
Clara Novello, Mrs. Lockey, Mr. Sims Reeves, and Mr
Thomas being the principal vocalists.
AMILYNE, A NEW ANLSTHETIO AGENT.—The
march
of science is ever onward. At a meeting of the
Medical
Society of London, en Saturday evening, Dr. Snow read
an account of some very interesting researches which
he has recently made into the anaesthetic, or sensation
.
destroying power of a substance which he has ascer-
tained to possess properties similar to those of chloroform,
and for which, he said, that it might be substituted
with advantage in surgical operations. The substance
in question is amelyne, a highly volatile fluid prepared
chemically from fusil oil. Dr. Snow stated that he had
performed a number of experiments with it upon ani-
mals, and that he had also administered its vapour in
above 20 operations in London hospitals with the most
satisfactory results. The insensibility to pain was perfect, ."0
1
and in none of the cases was its use follwed by sickness,
sometimes a very disagreeable consequence of the admi-
50
nistration of chloroform. The antesthetic effects of ame- OO
lyne are more transient than those of chloroform, which S2O
may, under certain circumstances, be an objection is it. f,O
The discovery of the value of this new antesthetie is the 20
result of a laborious series of experiments, in which Dr. 25.
Snow has long been engaged, with a view to obtain a 20
substitute for chloroform, possessing none of the incon-
Yenient properties and all the advantages of that remark.
ZO
able substance which, through the able exertions of the
professor, has superseded sulphuric ether as a means of 25
inducing insensibility to pain. It is not likel 2F
y that m
lyne will supersede chloroform, but there is
reason to 50 expect that in a considerable number of oases it
will be 100
found to be a preferable anaesthetic.
100