The Sun.
London, England, 1857-12-30 00:00:00

COIVII‘IEE,OT 4.L INTELLIGENCL.

CITY, Two o'Ceocic.
Accounts from Liverpool state that the Cotton
Market yesterday manifested a steady appearance,
and prices of all kinds were fully maintained. The
sales were estimated at 7,000 bales. The Railway
Share Market closed quietly, and values were
Without any material alteration.
Notwithstanding the abatement of the crisis, its
effects are still exhibited in occasional failures, and
during the next two or three weeks several small
Erma will nc doubt be compelled to succumb. Two
Were announced yesterday, viz., Messrs. Hinton
Brothers inthe Italian trade, and Messrs Lupton,
tlooton, and Co., warehousemen, but the liabilities
are small.
Increased ease is experienced in the Money
Market, but there is good demand, in consequence
of the preparations in progress for the heavy mass
of commercial paper, due on the 4th proximo. The
liquidation of annual accounts also stimulates the
demand, but there is an abundant supply and
the terms are easier, bills having been discounted
as low as 6i and '7 per cent. A further decline of
the minimum is therefore expected, but not until
after the January dividends are paid. The distri-
bution of the interest on Consols will add to the
easiness of the money-market, and promote invest-
ments in public securities.
The Bank of France have further reduced their
Minimum rate of iliecount, viz., to 5 per cent., and
the accounts from Paris speak favourably of future
prospects, although trade at the present moment is
very dull.
It has been announced that the half-yearly
dividend, at the rate of 8 per cent. per annum, for
the half-year ending 31st December inst., on the
Capital Stock of the Commercial Bank of Canada,
will be paid by the London Joint-Stock Bank on
and after Friday, the Ist of January.
The Bonds of the State of Alabama, guaranteed
by the Bank of Mobile, duo on the Ist proximo,
will be paid by the Union Bank of London.
The interest on the South Australian Govern-
ment Bonds will be paid on the Ist proximo, and
also on the New South Wales Government Deben-
tures. The half yearly dividends on the South
Carolina are also advertised for payment on the
same day.
Dividends, at the rate of 8 and 5 per cent.,
are declared by the Scottish Union Fire and Life
Insurance Company, and the British Industrial
Life Company respectively.
The Market for Public Securities is under the
influence of the speculator who was " declared"
two days ago. This event has proved more serious
than was at first imagined, and, until the
settlement, the quotations will no doubt continue
variable- The party referred to refuses to give up
his books, and thus it is difficult to close his engage-
ments, and whenever any of them are terminated
the market is immediately affected. The fluctua-
tion thus occasioned no doubt induces many of the
speculators to retire from the market. Consols,
from 931 dropped to 93a and are now about
93i I. The price for February is 941 e The
New 3 per Cents. have ranged from 93a to 94,-
Wad the Reduced from 93i to 94. Bank Stock is
217 to 219. Exchequer Bills are par to 3s. pre-
mium, the Bonds 99± and India Bonds 20s. dis-
count.
In the Foreign Market the transactions have
been limited and the prices are heavy. Turkish
6 per Cents. are marked 9Th Mexican, 20i ;
Brazilian 5 per Cents., 99 ; and Ditto 4i per Cents.
95 ; Spanish Committee Certificates are 5.
• The following are the nominal prices of Foreign
Stooks :—Grenada Deferred Bonds, 5 6 ; Mexi-
can, 204 20i ; Peruvian 4i per Cents., 77
79 ; ditto 3 per Cents., ---; Portuguese 3 per
Cents., 44k 45i ; Russian 5 per Cents, 106 108 ;
do. 4i per Cents., 97 99 ; Spanish 3 per Cents.,
414 424 ; ditto Deferred, 26k
A. rather limited business has been reported in
the
Railway Share Market this morning, and the
transaction entered into have in most instances
had reference to the settlement of the half-monthly
accounts now in progress of liquidation. Prices
generally have exhibited a slight improvement, the
advance being about to A per cent. Eastern
Counties and Lancashire and Yorkshire improved
15s. ; Great Northern, North Western, Midland,
North-Eastern (Berwick), and South-Western,
10s. ; North British and South-Eastern, I/. The
Foreign and Colonial lines are inactive but
Prices are fully supported. Northern of France
have advanced 10s., Dutch Rhenish, 10s., and
Great Luxembourg, ss. Toe Colonial undertakings
also skew a slight improvement. Grand Trunk of
Canada have improved 1/. ; Great Western of
Canada, ss. ; and East Indian, 10s.
In Joint-Stock Bank and Miscellaneous Shares
little alteration has taken place in prices.

BRITISH FUNDS.—CLOSING PRICES—THIS DA.
( From the Offimal
Business done.

Ihnk Stook
S per t cut. Reduced Annnittee
Now 3 per Cent. Annuities 9,3i 4 3a
Long Annuities, expire stu Jan. 1860... 2
India Bonds Xlmou 20 d
. ...... !... ..... ..... .....
' Qitsols for Account
Evlaequar Lillis, 24a.
21000
..q nail
Rxchaquer Bonds, 1858, 34 per Cent 991 i
Ditto, 1859
PRICES OF FOREIGN FUNDS—THIS DAY.

Brannan 6 per Cont.
Ditto Account
'Ditto 1852, 4i per Cent.
Buenos Ayres Bonds, 6 per Cent. 92
,Milian Bonds, 6 per Cent lo2}
Mexican 3 per Cent
Ditto Account 2oi L.
Pernviar Bonds, 43 per Cent —
Ditto Account 7M
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 1853, 3 per Cent ' 4s}
*
Pardinian Bona s, 5 per Cent.
liiptnish Committee Cert. of Coup. not fun. 5
`Turkish Bonds, 6 per cent 97i
98i 7
Ditto Account
1011
Ditto Guaranteed, 4 per Cent.
Dividends on the above payable in London.
PitlftEß O'CLOCK.
03i i a d

Console account, Jan. 8

The Poi Bretonne, a French legitimist journal, is to
be prosecuted for " false news," and its Paris corre-
spondent is inoluded in the indictment.
THE HILL 07 MONTILLETIIII.—The city of Paris is in
treaty for the purchase (or rather, since an act of the
Legislature would be necessary, the expropriation) of
the bill of Montmartre. According to a plan already
made by an eminent architect, a number of villanons
houses which encumber that magnificent site are to be
Pulled down, and one of the finest promenades in tbe
world is to be laid out. The idea is certainly grand,
but the execution of it involves the expenditure of
' many millions, and may perhaps be uphill work as much
its the going round the new promenade will undoubt dly
be. The Montmartre Hfll, in the caverns of which
Caviler made many of his geological discoveries, is as
hollow as an empty honeycomb ; it is continually
crumbling away, and there are savans who calculate
that it will fall in within a few years.
A.ROH/SOLOGICAL DISCOVERIES —M. Leon Fallue, a
few days ago, communicated to the Academy of Inscrip.
• tions and Belles-Lettres some curious discoveries which
he had made at Epinay-sur-Seine, near St. Denis, of ves-
tiges of a Gallo-Roman village and burial place on the
estate called Manoir dia Mont, the property of M. Cre-
nieux. While some workmen were digging a ditch M.
Fallue observed traces of sarcophagi in plaster. He im-
mediately bid the men clear away the earth carefully, and
thus succeeded in extricating eight of them entire, each
of which contained a skeleton. Continuing his researches
be discovered 10 yards below the surface of the soil a
gallery eight yards in leegth by two in height and breadth
From this gallery doors led to two lateral passages, each
in the form of a Greek cross. At another spot, near
the principal street of Epinay, he found a crypt, com-
posed of two gal'eries crossed by a third, the latter of
which opens into a subterranean church, constructed of
masonry of great antiquity. At a distance of two kilo-
metres from this, near the Chateau de la Brichese cre, a large
number of ancient graves were found• All th)pts
and relics appear to belong to the Merovingian period.
SAVINGS BANKs.—Tbe annual returns made by the
savings banks in the eastern counties exhibit generally
satisfactory results, and show either that the benefits of
such institutions ere more appreciated by those for whom
they were intended, or that the condition of the working
classes bas enabled them to gradually extend their de
posits. In the Cambridge Bank 500 new accounts have
been opened during the year ending Nov. 20, and only
340 have been withdrawn. In the Sleaford Bank the
deposits received have been 9,488/. 6s. 10d., while the
sums paid to depositors, including interest, have
amounted to 8,4111. 14s. 3d. At 13)40d there bas
been an increase of 1,082 depositors during the last ten
years, and of 6,2091. 2s. Id. in the amount deposited
At Louth during the past year 299 new depositors have
opened accounts, 11,1161. Bs. 11d, have been deposited,
and 9,8171, 8,4 t3d. withdrawn. •