The Sun.
London, England, 1860-05-14 00:00:00

that this observation will be very applicable to the
principal thoroughfares in this country in the event
of tramways being introduced on them, or in their
direction, particularly as the bill contains provi-
sions for enabling farmers and others, who now use
the ordinary roads, to use the tramways.
I may add that the gradients and curves, which
are quite practicable in the formation of these ways, I
are such that in the rural districts no unsightly em- st
bankments or deep cuttings, with their consequent
waste of land, need be apprehended, and that in
most cases the grades and curves of the country 81
roads are nearly sufficient." st
Messrs. Tait and Frith, the other county sur-
veyors, reported in favour of the system, all of
which we would recommend to the Corporation and
their engineer.--Illornisg News.

MONEY MARKET AND CITY NEWS.
$

2i Ll
CITY, Two o'CLocx.
The accounts from the various manufacturing dis-
tricts are of a more satisfactory character. At
Bradford there has bean a slight improvement in stt:
the demand for both yarns and piece goods, and at st(
Leeds a fair amount of business has been done in st(
all descriptions of seasonable goods. At Manches- st;
ter only a limited business has been recorded, but sst:
there has been more inquiry for goods suitable to fit(
the India markets, and greater animation has been st,
apparent in the inquiries for cloths for home use.
st
The hosiery trade at Leicester has shown increased st,
activity, and the operatives generally are well em- stl
ployed. In the various hardware districts little st,
change of importance has taken place, business at st,
Birmingham, Sheffield, Walsall, and Wolverhamp-
ton being rather inactive. st
In the Liverpool Cotton Market on Saturday
business was moderately active, and prices were st
steady. The sales were about 8,000 bales. The st
Railway Share Market continued dull, and quota-
tions tended downwards.

The half-yearly dividend on the Sardinian 5 per 1!
Cent. Bonds has been advertised for payment.
At the Bank of England on Saturday there were st,
no bullion operations of importance.
st
There is a steady inquiry in the discount market ;4,
for commercial purposes, and money is also re- at'
quired for subscriptions to new undertakings, as
st
the practice is now invariably adopted of demand-
ing a deposit with applications for shares. The st'
available supplies being abundant, however, the stl
tendency of the rates is in the direction of in-
creased ease, and it is still imagined that a farther sti
decline will soon take place. At the Stock Ex-
change there is a more active demand, owing to the st,
large quantity of securities lately purchased by :I:
the dealers. st
Since Monday last the imports of specie have st
been about £517,369, and the exports £172,660, r
exclusive of the following shipments direct from a
London to the Continent during the week ending
Thursday last :
Cold coin, Hambro'
71 ff Boulogne
Malta
b'a'rs Boulogne
„ „ Cadiz .
Silver coin, Hambro' 78,387 „
„ „ Belguim
„ „ Boulogne
„ bats Hambro'b 476,000 „
There has been very little activity in the Eng-
lish Stock Market to-day, and the quotations have
not undergone any material variation. The open-
ing prices appeared rather flat, and a de-
cline of g per cent. has since occurred, Con-
sols being 942- for money, and 941 for June.
The New 3 per Cents: and the Reduced have
receded to 93j-, ; Exchequer Bills 4s. to 7s. prem. ;
India Loan is flat at 1061 ; ditto 5 per Cent.
Enfaced Paper is firm at 981 ; ditto 51 per Cent. I
ditto has declined to 104 ; Bank Stock is steady
at 2261 and 2271.

HALF-PAST TWO. st
The Consol Market is better, Consols being 941 IL: st
for money, and 95 for account. st
st
A fair amount of business is recorded in Foreign st
Securities, but prices are very depressed. Turkish VI
6 per Cents. are 751 ; ditto New, 591 60 ; Buenos ssli
Ayres 6 per Cents. have declined to 86; Mexican s
to 211 Russian 3 per Cents. to 64 ; Sardinian
to 85k ; Spanish to 471; ditto Deferred to 371, and
Venezuelan to 26.

The Ocean Marine Insurance Shares are 2i
prem.; Universal ditto, 1, 8 prem. ; and the Thames st(
and Mersey 11 prem.
A downward tendency has prevailed in the Rail- st,
way Share Market, prices having sympathised with st:
the heavy tone in the English Funds. Caledonian sti
and Eastern Counties have declined ss. ; Great
Northern, North-Western, Manchester, Sheffield
st
and Lincola, Midland, and South-Eastern, 10s. ;
and Great Northern A stock, and North-Eastern
-4