The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1859-05-03 00:00:00

It r a tit ant Comnurce.

LONDON SPIRIT MARKET.—Most kinds of rum have
changed hands to a fair extent at full prices. Brandy and
grain spirits rule about stationary.

Ti.t. —All kinds continue in steady request. and prices
arc well supported. Collusion sound Congou is selling
at ls. 2id. per lb. The show of samples is very mode-
rate. . . _

SUGAR.—Good and fine raw sugars have changed
hand., at full prices, but low and damp parcels have
iiiuved off slowly, on easier tenns. Refined goods are
steady, at froin 535. to 575. per cwt.

THE ST‘WE EXCHANGE AND THK WAK NEws.
Wednesday Evening.—The news from Berlin of the
French and Russian treaty, although the existence
of such a document had been whispered for some days,
took the Stock Exchange this morning by complete sur-
prise, and cau,ed the markets to open in estate of panic,
which was aggravated before the close of the day by a
third edition of the Times announcing that, although
Austria had accepted the direct mediation proferred by
the Derby Cabinet on Monday, France has declined to
entertain it. The French loan of 20 millions sterling
likewise added to the prevailing dismay, which was
stimulated moreover, by the conviction, now unavoid-
able, of the manlier in which for • year past the English
Goveniment, with their boast of having established
"confidential " relations with the Emperor Napoleon,
have allowed tlwmselves to be deluded. Consols,
winch, alter regular hours yesterday were finally quoted
931, opened this morning at 914 to 9'2. Extreme agita-
tation continued to be manifested, but on the whole
the tendeney for the next few hours was towards re-
covery, and transactions took place at 92f. Finally,
however, there was a great renewal of distrust, and the
last dreams of the pocaibility of peace having at length
been dissipated, there was a fall to 91 to at which
quotation the regular business of the day terminated.
Subsequently, however, there were numerous tranac-
tions, and consols were offered at 9oi. Rumours of all
kinds were then manufactured, and an idle statement
of favourable news from Paris caused a rally to 911.
Ultimately, lion ever, 9oi to:Illy:as the price, and • tele-
gram from the Boone was then received announcing a
fresh fall of 1 per cent., on a report that the Austrians
had crossed the Ticino. In foreign and speculative
securities throughout the day it was often difficult to
effect transactions of any kind, and the general deprecia-
tion in the nominal value of the funded and share pro-
perty of the country, even since yesterday, may be

roughly eatlinated as equal at least to about 50 millions
sterling. Seven failure. Wert) announced on the Stock
Exchange during the mornimg, and the havoc on the
Paris Douro@ is impeded, of swum, to be ISI more
by tsever".srso(tana 11
who of Illiilaurme ohiee'reroltedtw o ewlits".nsfolvrelluy g.lTHuKriut4kiiiiih
Howls, and French and English stooks and Anima Rank
stock left off at 220 to 2ZI; Reduced and New Three per
Cents:, 90g to ; India Stork, 210 to 221; and Riche.
30e. to 38e. diauousit. An advance of the
rate of illaoount to at least 3 per cent. is generally ex•
potted to be announced to-inurrow. Thebankers and
discount houses refused, in most Wei, to take paper to-
day hiving any length of tiiiie to run at the present
rate of 21 per cent., and consequently the demand on
the part of the leading mercantile Gnus was thrown
almost exelusively upon the Rank of England.
Indipation wits strongly eapressed to day on behalf of
that large class of investors, U. 110 • In the face of every
sympton to excite caution during the past year, have
been misled by the confident assurances of the Dovern-
ment. But • few months have paaaed since Mr. Dis-
raeli contrived to neutralise the warnings given in other
quarters, by stating that the Cabinet had no reason to
believe that France was making any extraordinary
military preparations. and within the peat few weeks a
annilar effect has been produced by the assurances
pour,l forth of unqualified reliance on the ohm acter of
the Emperor Napoleon, as well as by the supposition
that no Ministry with a prescience of danger would
have been so infatuated or reckless as to dissolve Par.
lianient. The perilous and self complacent absence of
all suspicion of the real state of affairs that must bays
etisted when Lord Derby on Monday night denounced
Austria is a criminal is likewise commented on, and
the most serious fears prevail that under her present
guidance only a very short petiod may elapse before
England will become hopelessly entangled in the com-
plication that are certain to Is contrived for her.
Russian stocks to-day were severely depressed, and the
attempt to bring out the £12.000,000 loan, which, from
tte first deserved unqualified condemnation, may be
considered finally extinguished.