The Sun.
London, England, 1859-01-17 00:00:00

T Hill D EDIT lON

SUN OFFICE, Six o'clock.

NAVAL INTELLIGENCE.

The following appointment was made at tho Admi-

ralty this afternoon :
Master—James Milton, to the Coast-guard.

TATTERSALLS"-(THIS EVENING.)

TWO THOUSAND GUINEAS.
6to 1 figst Promised Land (offered)
20 to 1 agst Ralpho (taken)
CHESTER CUP.
50 to 1 agst Longrange (taken)
50 to 1 agst Royal Sovereign (taken)
1000 to 15 agst Prioress (taken)
1000 to 10 agst Black Tommy (taken)

DERBY.

12 to 1 agst Promised Land (taken)
100 to 6 agst Electric (offered)
20 to 1 agst Musjid (offered)
20 to 1 agst Marionette (taken)
20 to 1 agst Cavendish (taken)
20 to 1 st Merryman (taken)
Very little betting. The Chester Cup was scarcely
named.

MONEY lIIAREET AND CITY NEWS.

CITY, Two o'Ctocir.

The accounts received from the various manufac-
turing districts of the North of England continue
to be of a satisfactory character, although during
the past week there has been less activity exhibited
in several departments. The woollen cloth trade
at Leeds has been moderately active, but chiefly in
light goods for the coming spring demands. The
shipping houses have bought to a fair extent, but the
high rates now ruling for the raw material inter-
feres sadly with the export trade. At Bradford
worsted yarns have been in demand, but for piece
goods there was only a limited inquiry, at about
former values. Spring goods at Huddersfield have
been in good request, and the general tone of busi-
ness is satisfactory. The market at Manchester has
exhibited much firmness, but the average business
of the week has not been large. A fair inquiry
exists for India goods ; but, owing to the
spinners and manufacturers being fully en-
gaged upon orders not yet completed,
prices were exceedingly firm. All branches of
the hosiery trade at Leicester have exhibited
sYmptoms of increased activity. Worsted yarns
continue at full rates, and the operatives are fully
employed. The iron trade of South Staffordshire
has been steady; purchasers, however, have acted
with great caution. At Birmingham the high
rates now current for metal has materially inter-
fered with the business of the neighbourhood,
copper having advanced £5 per ton. At Sheffield,
Walsall, and Wolverhampton, trade has shown a
gradual improvement, and prices tend upwards.
In the Liverpool Cotton Market, on Saturday,
business was quiet, and prices were unaltered. The
sales were estimated at 6,000 bales. Railway
shares closed heavily, and quotations tended down-
wards.

Owing to the increased supply of money, occa-
sioned by the release of the dividends, the quietude
of trade, and the contraction of speculative enter-
prise, the general condtion of the money market
exhibits no change of importance. Its prospects
continue favourable, and low rates of discount are
anticipated for some time to come. It is now ascer-
tained that one or two of the principal contingen-
cies, which it was expected would greatly accelerate
an advance in the value of accommodation, will
have comparatively little effect. A delay, for
instance, is likely to take place in the introduction
of the Russian, Austrian, and Sardinian loans,
lately referred to, and it has now transpired that
the Metropolitan Drainage Loan for £30,000,000
which has been arranged with the Bank of Eng-
land at 34 per cent, will be subscribed at inter-
vals as required, and will therefore not exercise
an immediate influence. The amount will be
raised between the present time and the year 1864,
and for the ultimate discharge of the principal
there is to be an assessment of 3d. in the pound for
40 years, on the annual value of property in the
Metropolis. By this means it is estimated that the
loan will be extinguished in about 30 years.

Business in the English Stock Market to-day has
been conducted upon a very limited scale, the ope-
rators being kept in a state of suspense until it was
ascertained how the Paris Bourse had opened.
Quotations throughout the morning consequently
exhibited a very steady appearance, and although
some descriptions of negotiable property remained
very heavy, Consols rather tended upwards. Mode-
rate investments are made by the public, but these
exercise very little influence while the market is
so completely under the control of political contin-
gencies. Consols have been very quiet at 95-1 a.
The New Threes are marked 961 and the Re-
duced 9617 Long Annuities are 181; Bank Stock
is steady. at 226 ; India ditto is 222 to 2241, and
ditto Loan Debentures 991; Exchequer Bills, 3.5'5•
to 38s. premium.

A moderate business has been transacted in the
Foreign Market to-day. Turkish Securities, how-
ever, appear to have attracted most attention. The
New 6 per Cents. have been 791 801, and the pre-
sent price is about 791 80. The second issue is
marked 51 per cent. discount. The old 6 per Cents.
are 89-i7,- to 901, and the 4 per Cents, 105.
Transactions have been recorded in Russian
41 per Cents, at 991 100, in Sardinian 5 per Cents.
at 861 871, in Spanish 3 per Cents. at 451, and
ditto Deferred at 301. Mexican Bonds are 192
Buenos Ayres Deferred 161, and Chilian New
Loan is 3 to 2 discount.
The transactions in the Railway Share Market
have been extremely limited, and with one or two
exceptions, prices have receded about 1 to 1 per
cent. Caledonian, Lancashire and Yorkshire,
North Western and South Eastern have receded
Ss- ; and Great Northern and Midland, 10s. ;
Eastern Counties, Edinburgh, Perth, and Dundee
and
.Brighton have improved about 10s. The
Foreign lines are moderately active at about
former rates, the chief feature, however, has
been an improvement of about ss. to 10s. in Lom-
bardo-Venetian. In the Colonial Market East
Indian have advanced 10s., and Great Indian
Peninsula 10s. Grand Trunk and Great Western
of Canada have realised former quotations.
For Joint-stock Bank and Miscellaneous Shares
there has been a very limited inquiry. Union of
Australia have advanced 55.,
cultural, Crystal Palace and Australian Agri-
, and Royal Mail Steam
brought former rates.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3per Cent. Reduced Annuities 961
per Cent. Consols Annuities
Long Annuities, expire sth.Jan., 1860 —
Ditto 30 Years, expire sth Apr., 1885 lBl
India Stock
Ditto Debentures 994 4 4
ConsoLs for Account .. 95,1 i I
March June.
Fxehequer •
Bills, £l,OOO, 2d. & 11d.. 35 1 35
Ditto £5OO
Ditto Small, 11d
FOREIGN FUNDS--CLOSING PRICES.
Brazilian 5 per Cent.
Ditto 1858, 41 per Cent.
Buenos Ayres, 6 per Cent. ~.
Ditto Deferred
Mexican 3 per Cent l9l
Ditto Account
Russian, 1822, £ St., 5 per Cent —
Ditto 41 per Cent.
Sardinian, 5 per Cent. BP-4 714
Spanish 3 per Cent 451
Ditto New Deferred, 3 per Cont.
Ditto Account
Spanish Com. Cert. of Coup. not funded.. 6/
Turkish 6 per Cent
Ditto Account
Ditto New Loan Scrip
Ditto Account
Ditto 2d Issue
Ditto Account - 51 d
Ditto Guaranteed, 4 per Cent.
Ditto Account
Venezuela, 5 per Cent.
Ditto Deferred 2 per Cent ma
Dutch Exchange,
on the above payable in London.
Exchange, 12 Guil. 21 per Cent 651
Ditto Certificates, 4 per Cent.
THREE O'CLOCK.
Consols, Money 9ss
Consols for Account, Feb. 8 951