The Sun.
London, England, 1861-04-22 00:00:00

NEW WRIT.

On the motion of Mr. BRAND, a writ was ordered to
issue for the election of a member for Banffshire in the room
of Sir Langton Gordon Duff, who has resigned.
THE BUDGET.

On the motion for going into committee of ways and
means,
Mr. T. BARING said that in offering some objections to
the :financial statement of the right hon. genitein the
Chancellor of the Exchequer he wished to disclaim any lu-
tention expressing a want of confidence in the
Government, for budgets had been modified with-
out such being construed as any want of
nconfidence in the ➢Ministry of the day. lie did not then
'wish to offer any opposition to the treaty with France, and
aud3od that it would act for the mutual benefit of both owl-

MONEY MARKET .AND CITY NEWS.

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CITY, Two O'CLOCK.

The improvement in the weather, and the
greater ease in the general Money Market, have
caused a more cheerful feeling in the various manu-
facturing districts during the past week. At
Leeds a fair business has been done in light fabrics
for the summer demand. Business at Manchester
has also shown symptoms of revival, particularly
for goods suitable to the India markets, while at
Bradford, Huddersfield, and Rochdale, moderate
transactions have taken place in light fancy cloths,
and a decided improvement has occurred in the
hosiery and lace department at Leicester and Not-
tingham. In the hardware districts there is no
material alteration to notice, although in a few in-
stances a 'more buoyant tone has prevailed. At
Birmingham there has been a slight improvement
in the demand for home requirements ; and at Shef-
field, Walsall, anti Wolverhampton the receipt of a
few continental orders has given increased employ-
ment to the operatives ; a large number of whom,
however, are still only working "short time."
In the Liverpool Cotton Market on Saturday,
business was not quite so active, but prices were
firm. The sales were about 8,000 bales.
The Discount Market continues in a quiescent
state, the inquiry for commercial purposes being
very moderate, while the absorption for joint stock
enterprise and speculative adventure is unusually
limited. There is an abundant supply of money,
and as the quantity of bills brought forward is
small, the rates, which are influenced by compe-
tition, still show a downward tendency, owing,
however, to the augmented demand for silver on
Eastern account, and the possibility of a reflux of
gold to the Continent. A ftather decline in the
Bank of England minimum quotation is less confi-
dently spoken of, although large supplies of specie
are expected from Australia, the West Indies, &c.,
which will probably be sufficient to meet the ex-
port demands.

The half-yearly meeting of the Oriental Bank
Corporation has been held to-day, at which the re-
port was adopte-d, and a dividend of 6 per cent.,
together with a bonus of 4 per cent. was declared,
making a total distribation of 16 per cents. for the
past year.

There has not been much animation to-day in the
market for Public Securities, but, owing to some
speculative purchases Consols have risen to 92 for
transfer, and to 92 928 for the account. Business,
however, continues very dull. The New Threes
and the Reduced remain at 9011. Bank Stock
has advanced to 234. India 5 per Cent. Loan is
steady at 1011 2fr; ditto 4 per Cent. Enfaced
Paper has improved to 781; ditto 5 per Cent. to
941 ; and Exchgquer Bills. 2s. dis. to I.s. prem.,
showing no alteration.

Business in the Foreign Market has been quiet,
but prices in some instances have improved.
Turkish 6 per Cents, are 701 ; ditto, 1858, 531
54; Dutch 21 per Cents, have advanced to 63i
641 ; Russian 5 per Cents. to 102 ; and Spanish to
491 1 ; Danish 3 per Cents. are 82.
Ths, ; thc railway anare Market have
been on a rather limited scale and the variations in
values unimportant. Great Westerns, Lancashire
and Yorkshire, and Midlands have improved 55.,
Edinburgh, Perth, and Dundee declined 10s.
In the Foreign and Colonial undertakings there
has been only a limited business transacted. South
Austrian and Lombardo are steady at 121. Grand
Trunk of Canada have declined to 201, and East
Indian to 99 ; Great Indian Peninsula have im-
proved to 941 951.

Joint Stock Bank and Miscellaneous Shares have
been dealt in to a limited extent, at about previous
quotations. London and Westminster have de-
clined ss. ; and Union of Australia ss. Crystal
Palace Stock has improved 10s:

BRITISH FUNDS—CLOSING PRICES,
Bank Stock
3 per Cent. Reduced Annuities 9Ol i
3 per Cent. Consels Annuities
New 3 per Cent. Annuities 9oi 1
New 21 per Cent. Annuities 7si
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 lsa
Endia Stock .. .. —
Ditto .5 per Cent
l)itto Enfaced Paper, 4 per Cent. 731
Ditto .5 per Cent.
Ditto Debentures, 1858 961
Ditto, 1859
Ditto Bonds £l,OOO l5 dis
Ditto under £l,OOO
Bank Stock for Account 233}
ioasolg for Account, May 9 .. 92
India Stock for Account
Ditto 5 per Cent.
Exchequer Bills, £l,OOO, 11d.
D": 1-,, £5OO 1 pm
Ditto Small

FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
Ditto 44- per Cent. ISSB
Danish 3 per Cent., 1825
...xican 3 per Cent —
•itti, Account
,thiguese 3 per Cent.. 1853.
• '.'-ism 5 pet Cent. 1822. St .. 102
Ditto 41 per Cent
flirt() 41 per Cent., 1860
Ditto 3 per Cent. 1859....
panish 3 per Cent.. 494 1
Ditto Account
rorkish 6 per Cent ..
Ditto Account
Ditto New Loan
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent 648 31
THREE O'CLOCK.
Consols, Money 914 2
Ditto Account 92 1

CHURCH ENDOWMI,,,IN: AND ESTATES.—The
Ecclesiastical Commissioners for Er,6l.nd state in their
annual report just issued that the total number of benefices
and districts now augmented and endowed by them amounts
to 1,272, and the total permanent charge on the " common
fund" (including grants in respect of benefactions paid to
the commision) exceeds £92,6Q0 a-year, besides which the
commissioners have annexed land and tithe rentcharge of
the value of £8,400 a-year ; and the common fund is further
charged with £lB,OOO a-year payable to the governors of
Queen Anne's Bounty, under arrangements made in 1843,
which then enabled the commissioners to make immediate
provision for additional cures. The Church Estates Com•
missioners report the sales of reversions and purchases of
leasehold interests which they have approved during the
year, and state that since August, 1851, they have approved
2,127 transactions, and the value of the property dealt with
exceeds £7,750,000. They add that there is a sensible dimi-
nution in the number of transactions reported for the last
year, and that the decrease may point to the conclusion that
the system of voluntary enfranchisement by the episcopal
and capitular corporations will only require to be maintained
for a limited period.

INCREASING VALUE OF LAND IN THE HOME
COUNTIES.—The Eyeworth estate, lately advertised for sale
by auction, has been disposed of by private treaty by
Messrs. Chinnock and Galsworthy, of London. The pro-
perty, consisting of the whole of the parish of Eyeworth,
containing about 1,220 acres, with the advowson attached,
and producing about £1,480 per annum, has realised the
large price of £55,000. There being no residence on the
estate, it can only be regarded as a pure landed investment,
being at the rate of upwards of 361 years' purchase.—Bed-
ford Times.
POOR RELIEF IN IRELAND,—In the year ending
at Michaelmas last 170,649 ind9or poor and 8,965 outdoor
poor were relieved in Ireland,—an increase over the pre-
vious year of 16,843 indoor poor and 3,540 outdoor. Still
the numbers were-small ; although all but a mere fraction
were —lieved in the workhouse, the average daily number
of indoor poor .-.4 only 41,341—an increase 0f972 over the
previous year. The (xpeuaiture amounted to £454,266, or
9d. in the pound on the valuation .E. rateable property,
£12,280,029.