The Sun.
London, England, 1861-05-18 00:00:00

HIRD EDITION.

SUN OFFICE, Six o'clock.

DISCONTINUANCE OF THE PACKET
SERVICE B ti.TWEBN GALWAT AND
AMERICA.

The Atlantic Royal Mail Steam Navigation
Company having failed to fulfil the stipulations of
their contract for the conveyance of mails between
Galway and America, the Postmaster-General.
With the approval of the Lords Commissioners of
her Majesty's Treasury, has declared that contract
at an end.
No mails for Newfoundland or the United States
Will therefore be despatched from Galway on Tues-
day next, the 21st inst., or on any succeeding
Tuesday.
All letters, &c., for Newfoundland will hence-
forth be forwarded via Halifax.
By command of the Postmaster General,
ROWLAND HILL, Secretary.
General Post-office, 18th May, 1861.

NON Ll' MARKET AND CITY NEWS.

- 11. ,

CITY, Two O'CLOCK.

Some important changes are shown in the Bank
of England return completed to the 15th inst. The
bullion has been diminished by nearly half a million
sterling owing to the remittances to America. The
reserve of notes has also been reduced to a consider-
able extent. The increased demand for money is
shown in the large augmentation in the other
securities, which exceeds half a million sterling.
The public deposits have been largely increased,
while there is a diminution in the private balances.
One of the chief features,however, is a considerable
decrease in the Government securities. The other
items of the balance-sheet and the changes they
present are shown in the subjoined table !
Active Circulation ..
Decrease £20,042,790
Stock of Bullion .. 131,895
.. 12,382,446
Decrease .. 491,173
Rest
3,261,606
Increase • •• .• •
16,764
Public Deposits• •• 6 725 187
Increase .. .. • • 641,592
Other Deposits .. • • Decrease .. 11,591,539
Seven Day and other Bills . .. 661,079
increase .. 661,372
019
increase
•• • i• 24,,847
Government Securities
Decrease 10,180,938„
Other Securities
Increase . .. 92,000
. 19,796,757
Notes unemployed . • 655,109.. • . 5,1
Decrease .. 978,
337,82095
About £40,000 in gold was sent into the Bank of
England yesterday.
The steamer Ceylon, which leaves on the 20th
inst. for India, China, &c., will take out £247,581,
t, £9,987 in gold, and the remainder in silver,
Inchtding £100,289 on Government account to Cal-
cutta.
At the half-yearly meeting of the Interoolonial
loyal Mail Steam Packet Company a dividend
Was agreed to at the rate of 71 per cent. for the six
months ending 31st Dec. last.
On Monday, the 20th inst., a call of £1 per share,
*Mounting to £165,000, becomes due on the Lon-
don, Chatham, and Dover Railway Shares (Metro-
politan Extension).
A general advance took 'place is the Foreign
Ixchanges yesterday afternoon.
There was rather more activity in the Liverpool
Cotton Market yesterday, and prices were without alteration. The sales were about 8,000 bales.
The Market for Public Securities has been very
quiet to-day, and the quotations have not shown
any change of importance, Consols being 911 4 for
money and 914 I for the account. The New
Threes and the Reduced are fiat at 891 2-; Bank
Mock has improved to 234; India 5 C. Zoan is steady at 1011 ; and Exchequerper Billsent are at 6s. to 3s. dis.
A fair amount of business has been recorded in
Foreign Securities, but prices generally have de-
clined. Turkish 6 per Cents. are 704 711; ditto
1858, 551- to 56; Mexican have receded to 22,E -I;
Spanish to 501; Dutch 4 per Cents. to 991; Rus-
Sian 41 per Cents. to 91; Portuguese to 478 ; and
`Venezuelan to 19±; but Sardinian are firm at
81182.
The following communication was issued yester-
day :—" The Committee of Mexican Bondholders
have this afternoon received advices from Mr.
Whitehead, dated Mexico, the 18th ult. On the
sth the Ministry was dissolved, including not only
the Minister of Finance, Senor Prieto, but also his
under-Secretary, Senor Iglesias. Senor Math,
'Who had left the city on his way to England,
bas been named for this office, but it is not
elpected that he will accept it. In the mean-
'While this, of course, puts a stop to all pro-
gress in the matters Mr. Whitehead was treat-
lug about. The Congress ought to be installed on
the 21st of April, but this will depend on circum-
stances. The agents in Tampico report, under date
'of April the 2d, that, in spite of Captain Aldham's
convention, they have no prospect of receiving a
single dollar, unless one of our ships be sent to that
13rt, and from none of the other ports of the
ItePublic had Mr. Whitehead received advices of
anything having as yet been received for the divi-
end fund. Mr. Whitehead had addressed Mr.
,IVlatheW en the subject, but his answer was very
fur from encouraging."
ta
r A very limited amount of business has been
bunt
to-day in the Railway Share Market,
‘..°llt a slight advance has taken place in prices.
Midlands and North Eastern (Berwicks) have im-
Proved ss. ; Bristol and Exeter and North Westerns,
lOs. South Easterns declined ss.
The Foreign and Colonial undertakings were
almost neglected. San Paulo realised 2-} ; and
Great Indian Peninsula, 97 to 971.
In Joint Stock Bank and Miscellaneous Shares
there has been a very limited inquiry, without any
Material change to record in prices. New South
-Wales realised 341 ; London Joint Stock, 314 ;
Peninsular and Oriental Steam, 72/ ; and Royal
Mail Steam, 471 47f.

B BEt
Stoc ITISH FUNDS—CLOSING P2IPRICESanic k
1 Per Cent. Reduced Annuities
894 i
i 1
per Cent. Consols Annuities
92
911
blew 3 per Cent. Annuities B9f 4
India Stock. ........ .
1011
Ditto 5 per Cent
Ditto Enfaced Paper, 4 per Cent
9-35
Ditto 5 per Cent.
.. 894
Ditto 54 per Cent
96k
t)itto Debentures, 1858
91i
Consols for Account, June 64d.
3 6 die
ktchecirter Bills, £l,OOO, 1_
D ttn £5OO 6 dis
Ditto Small
121
b. FOREIGN FUNDS—CLOSING PRICES.
l'tePlador New Consolidated
"4„..exican 3 per Cent
224
vilitto Account
16
"ev Urenitda Active, 35 per Cent.
55
lb Ditto Deferred
471
' °rteguese 3 er Cent.. 1853
Ituasian 5 perpCent. 1822, £St ..
91
.„11tto 45 per Cent.
611
aiitto 3 per Cent. 1859.... . ...
82
•trditiian 6 per Cent
814
Ditto A.ocount
-Palliell 3 er Ce t
A„, Ditto Account
n .
1 ulliell 6 per Cent
Irbitto Account
71
, e.neznelan. 3 per Cent
uitto 15 per Cent.
thvidends on the above payable in London.
)3..elgieri 4i per Cent., Ex. 25f.
',etch 25 per Cent , Exchange 12 Guil.
Ditto certificake, 4 per Cent.
TWO O'CLOCK.
Consols lkt . .....orie"
. 915 I
Ditto Ace
o, ................... _ _
lint
)oaf ittee of the House of Lords to whom this Bill was re-
erred has adjourned until after the Whitsuntide holydve•
It is expected that the labours of the committee will ter-
kinate at their next sitting. There is reason to fear that
dlctethe forebodings of those bankers and merchants who pre-
d that a select committee would so alter the character
of the laeasure as to make it nnacceptable to the classes
whose interests it affects will be completely verified, and
Coe frinds of the bill feel no doubt that the House of
i111:12°11e Will refuse to pass it in the mutilated form in
Which it will now be returned for consideration.
The taunici al authorities of St. Petersburg have
deterroMe
in com-
to pal
oPund hospital for poor artisans, .
to _
roenioration of the emancipation of the serfs. It is be
!ailed the Alexander Hospital, and the project been
favourably received by the Emperor.
Nt`iir ZEALAND.Two despatches a has
appear in the
Gazette of last evening from /slajor-General Pratt, C .8.,
t 11° Particulars of Which have been already published.
One hundred and fifty acres of heath were burnt
a few days since between Poole and Wimborne, in Dorset-
-5h It ii supposed that the heath was accidentally sot
al t. 4 the sparks from NI sitglas of a railway testa.
•