The Sun.
London, England, 1859-02-03 00:00:00

ME SUN, LONDON, THURSDAY EVENING, FEBRUARY 3, 1859.

MONEY MARKET AND CITY NEWS.

CITY, ONE O'CLOCK.

There is still a very quiet demand for discount
accommodation, and the preparations for the 4th of
the month have produced no effect of importance.
The supplies of capital are extensive, and
bills of good quality are negotiated at
21 per cent. Should this extreme easiness
continue, the possibility of a reduction in the Bank
minimum to 2 per cent. may soon excite discussion.
Towards the end of the month, however, numerous
payments have to be made, which, it is thought,
may also temporarily stimulate the inquiry, and
impart additional firmness to the rates of discount.
The Avon has arrived at Lisbon, with £59,000
from the Brazils.

At the Bank of England yesterday there were
no bullion operations of importance.
In the Liverpool cotton market yesterday a fair
amount of business was transacted, and prices were
firm. The sales amounted to 10,000 bales. The
railway share market presented rather more
activity, and in some of the leading lines a slight
improvement was apparent.
The annual meeting of the London and County
Bank took place to day. The report was brief, and
showed the net profits of the last six months, after
all deductions, to be £31,165 17s. lid. After the
payment of a dividend of 6' per cent. for the half-
year, there would be a balance of £1,165 17s. 11d.
to be carried forward. . There was some discussion,
but the report was adopted.
The Market for Public Securities is steady, but
rather less buoyant, Consols being 951 for money,
and 951 -a- for March ; Bank Stock is 228 to 229 ;
the New Threes and the Reduced, 95--7 to 961 ; Ex-
chequer Bills, 345. to 375. prem.; India Loan De-
bentures are heavy at 981 and the Bonds at 21s.

prem. • •
The Foreign Stock Market is steady, but in most
instances a downward tendeucv is apparent in quo-
tAtions. Turkish 6 per-Cents. are 90 to 901; ditto
Scrip, Ist issue, 781 to 191 ;: ditto, 2d issue, 7 to 61
discount ; Alexican Stock is depressed at 201; Por-•
tuguese have receded to 471 ; Dutch 21 per Cents.
to 651; ditto, 4 per" Cent& to 1011 ; Russian 5 per
Cents. are heavy at 1121 to 113 ; the 41 per Cents.,
however, are firm at 991 to 1001:; Peruvian 41 per
Cents. are at 911 ; ditto r(Uribarren) has declined to
831; The New Australian Loan is nominally at ti to
1 premium. • • •
The last week's railway receipts, ascertained up
to this day, are in round figures as under :
• • 1859. 1858.
Great Western £26,701 25,647
North-Western 60,921 55,752
• •
South-Western
Brighton 11,633 10,949
Midland
South-Eastern
Great Northern ' 22,971 22,914
Lancashire and Yorkshire • • • 23,260 20,050
Edinburgh and Glasgow 5,098 4,812
Glasgow and South-Westeru „ , 6,678 5,907
Great Luxembourg
Grand Trunk of Canada ' ' • 6,013 5,960
Great Western of Canada • • • 5,171 8,440.
Sambre and Meuse •
West Flanders
A fair amount of business has been done in most
descriptions of English Railway Stocks, and prices
upon the whole are steadily • supported. In Cale-
donians and Eastern ConntieS there is an advance
of 1 per cent. North Eastern (Berwick) and North
Eastern (York) are firm ;. the former have improved
55., and the latter 10s. Great Western and Lan-
cashire and Yorkshire, on the other hand, are flat,
at a decline of 1 per cent. • Midlands, compared
with the highest point attained yesterday, show a
decline of 1 per cent.

Indian Guaranteed Stock and Canadian descrip

tions of shares are in active demand, and prices finn.
East Indian have been done at 103, and Great

• _
Indian Peninsula at 1021. Grand Trunk of
Canada are 33,1 ex int.
Bank Shares are generally steady, and business
tolerably active. Australian are J 01; Bank of
Egypt, 26?-4.
Miscellaneous Securities are at about former
rates, and the transactions limited. Electric Tele-
graph are quoted 106.

•
BRITISH FUNDS-CLOSING PRICES.
Punk Stock
3 per Cent. Reduced Annuities... , .
3 per Cent. Consols Annuities - 951 - I i
Now 3 per Cent. Annuities 95 6 6 4 6
Long Annuities, expire sth Jan., 1860 —
Ditto 30 Years, expire sth Apr., 1885 lB} 3-16
India Stock
Ditto Debentures 9Bl I A
Ditto Bonds, £l,OOO
Ditto under £l,000
Consols for Account

b-4
Maich J
37 I 31

Exchequer Bills, £l,OOO, 2d: & 1,(1
Ditto £5OO
Ditto Small, 11d
Exchequer Bonds, 1859, 31. per Cent •.... 100 k
FOREIGN FUNDS—CLOSING PRICES.
Brazilian '5 per Cent. '
Ditto 1858, 41 per Cent
Buenos Ayres, 6 per Cent. .
Mexican 3 per Cent. 2O
Ditto Account
Peruvian 41 per Cent —
Ditto Account
Ditto (Uribarren), 41 per Cent. • B3l
Portuguese, 1853, 3 per Cent.
Ditto Account
.47i
Russian, 1822, £ St., 5 per Cent. ll3 121
Ditto 41 per Cent.
Spanish 3 per Cent. —
Ditto New Deferred, 3 per Cent.
Spanish Coin. Cert. of Coup. not funded 6
Turkish 6 per Cent —
. .
Ditto Account
Ditto New Loan
Ditto Account ' ' 7Bl 91
Ditto 2d Issue
Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent 661
Ditto Certificates, 4 per Cent.
THREE O'CLOCK.

. 94

Cons As, Money 9sa
Consols fur Account, Feb. 8 951

A QU,ATICS.

PAIR-OARED RACE FOR SILVER OARS AND

RUDDER.

A very gamely-contested pair-oared race was rowed yes-
terday for the above prizes, over the course between Batter-
sea and Wandsworth-meadows. The following were the
results : .

Blue
Mr. Kennett. I. Mr. Spencer.
A. Smith, .coxswain..

Ited
Mr. Groenfell. 1. Mr. Mitchell.
C. Thompson, coxswain.

White
Mr. Sutherland. I. Mr. Franklin.
T. Hayward, coxswain.
White won the draw for choice of station, .and took the
Middlesex side. Blue were the favourites at starting, the
odds of 5 and 6 to 4 being laid pretty
The umpires and a referee having been appointed, they
got off very evenly together at a clipping pace, and in that
position continued rowing to Cremorne Gardens, where Red,
by extraordinary rowing, drew their stern setting thawl
level with the nose of Blue's boat, and at Kensington-ereek
were a clear length and a half:dread, Blue heading White
by about three quarters of a length, where they continued
only for a few pulls, White again_ becoming nearly level
with them, Red having a clear lead of four lengths at the
White Hart. The weather was very showery, and the water
in some parts too lumpy for light wager boats, the wind
blowing a '`dead noser" down the reach but they rowed
very gallantly through it. Blue then gradually stole upon
Red, and after a close and interesting race, succeeded in
wresting the lead from them, and drew their boat two clear
lengths in advance, and seemed to be going away from their
opponents, who, however, rowed.a fine stern race for the
remainder of the distance, Blue only defeating them by a
length and a half. White rowed very gallantly, but never
stood a:chance of overhauling their opponents after they had
passed Wandsworth-pier. . . •

MADRAS IRRIGATION AND • CANAL COMPANY.—
We understand that the bill now before Parliament
for extending the operations of this company into
Bengal and such other -parts of India as may
hereafter be deemed advis'able. by the Secretary of
State for India in Council, was yesterday passed
through the committee on standing orders of the
House of Commons. . .

PROVIDENT CLERKS' MUTUAL :LIFE ASSOCIA-
TION.—In another part of our columns will be
found a report of the 18th annual• meeting of this
successful association. With an income of £31,000
per annum, and an accumulated •fund of nearly
£llO,OOO, while its existing policies of £960,000
are distributed over more than 5,000 lives, there is
no doubt of the Provident Clerks' office maintain-
ing the position it has now assumed in the very
front rank of assurance institutions. It is gratify-
ing, too, to find the care a:nd judgMent, as well as
the integrity and uprightness of the management
have won the unanimous approval and confidence
of this large constituency.
Prince Alexander Georgewitch of Servia arrived
on the 29th ult. at Vienna, and immediately paid a
visit to Count de Buol. • •

Sharel Railways. Paid

'Antwerp & Rotterdam
Ardennes
Bah. &S. Fra.n.,Lim.7p.c
Belgian East. Junction
Beziers to Graissessaa
Carmeaux Mine & Rail
Dutch Rhenish
Eastern of France

Euphrates Valley
Great Central of France
Gt. Luxem., Con. slis
Italian Junction
Lake Constance* Bak
Lierre and Turnhout
Lombardo Venetian
Lucca & Pistoja, 5 p.c.pf
Lyons and Geneva
Maria Antonia
Do. do. New

Namur and Liege
Do. do. ti p. c.
Northern of France
Do. New Shares
Norwegian Trunk PreL
Ottoman, gus. t; per cent
Paris,Lyons, and Medit.
Paris and Orleans
Recife& S. Fran. (Pero.)
gua. i p et. (Lim.)
Riva and Dunaburg
Rome awl Frascati
Royal Danisl•
Royal Swedish
Do. 7 per cent. Pref.
Sambre and Meuse
Do. 5i per cent. Pref.
Southern of France
West Flanders
Do. 5i p. c. Preference
W. & N.W. of France
Western of Austria
Western of Switzerland
Wiesbaden

Do 8 per cent. Pref
Zealand

100
100
100
100
100
all
all

Closing
Price.

Business
Done.

1034 4

1331

1201

Closing I Business
Price, Done•

--
* d
7 8

2 24
51 5
26 , 264

6) 61'

pi

81 81
20 20.
36 37

p
1 9i
4 id
32 33k
51 53
f #d

61
94
20- 201
57= 54
9- 9
23 21

9 81 $

33 1

THIRD EDITION.

SUN OFFICE, Serest o' Clock.

THE BRAZIL MAILS.

We have received the following telegram from
Mr. Reuter :

LISBON, WEDNESDAY, Feb. 2.

The Avon has just arrived, bringing news from
Rio de Janeiro, and leaves again to-day for South
ampton.
Heavy rains since the 25th of December caused
numerous damages principally on the Don Pedro
11. and the Petropolis railways.
The naval expedition of the United States
against Paraguay has arrived at Monte Video.
The Brazilian Government has offered its media-
tion to the United States, who have accepted it. A
Brazilian admiral has left Monte Video for Para-
guay, charged with this mission.
A definitive treaty between Brazils, Monte
Video, and the Argentine Confederation has been
signed at Rio Janeiro. This treaty relates to the
convention of 1828.