The Sun.
London, England, 1860-07-30 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.

The advices from the manufacturing districts are
of a more satisfactory character. A fair amount
of business has been done in the woollen trade at
Leeds. At Manchester there has been a more
buoyant feeling; and India goods have been in
better request. Wools and yarns at Bradford con-
tinue in good demand, and moderate transactions
have taken place in piece goods. Increased activity
has been apparent in the hosiery trade at Leicester,
but there is little alteration to record in the various
hardware districts. The iron trade of south Staf-
fordshire continues dull, while a moderate degree
of activity prevails in the leading branches of busi-
ness at Birmingham, Sheffield, and Wolverhampton.

A fair amount of business was recorded in the
Liverpool Cotton Market on Saturday, 8,000 bales
having been disposed of at previous rates.
The terms upon which accommodation can be
obtained in the general market are still sufficiently
below the minimum to render the inquiries at the
Bank of England comparatively moderate, and a
further decline in the " other securities" held there
is consequently anticipated. Owing to the
recent repayment of loans the authorities
have extensive resources at their com-
mand, and this circumstance has, no doubt,
given rise to the impression that they will compete
for the £2,000,000 required in the current year
for the National Defences. Considering the abun-
dance of money and the moderate demand on com-
mercial account, it might have been supposed that
increased easiness would have prevailed, but the
failures in the leather trade have produced some
effect, and many of the principal discount firms
are reported to have made heavy loans to the
Stock Exchange at nominal rates until the result
of those suspensions shall have been fully ascer-
tained.

About £4,000 in gold was withdrawn from the
Bank of England on Saturday.

The Committee of Mexican Bondholders have re-
ceived letters from Mr. G. S. Whitehead, dated
Mexico, the 7th, 16th, and 29th June, and from the
agents in Vera Cruz of the Ist inst., advising the re-
ceipt of bills for duties on Mexico for 63,139 dols.
81c. The agents in Tampico sent 5,464 dols.
in the packet, and they have received another
batch of duty bills amounting to 6,197 dols. 79c.
The balances in the hands of the agents and at the
capital amount now to 800,330 dols. 30c., besides
the 5,464 dols. now arrived, and at the Bank of
England to £12,995 102. 7d. It was not known at
the capital whether General Miramon had had any
action with the Constitutionalists, but he had re-
treated on Guadalajara, where he arrived on the
26th ultimo, on account of the impracticable state
of the country, the heavy rains having turned the
low plains into a morass. The conduct of the new
Spanish Minister had raised the suspicion that his
aim was to employ force there for the benefit of the
party in power at the capital. Regarding the pre-
sent state of the country, it is observed that media-
tion between the two parties is not only useless,
but worse than useless ; that intervention is the
only remedy, and that instructions would now pro-
bably be accepted from any Power but Spain.
The market for Public Securities opened heavily,
but buyers afterwards came forward whose opera-
tions led to an improvement of about a per cent.,
Consols being 93 The New 3 per Cents, and
the Reduced Annuities are firm at 931 t. India
Stock is flat at 2171 ; Bank ditto has improved to
230 ; and Exchequer Bills remain at ls. to 4s.
prem.
A moderate degree of activity has prevailed in
the Foreign Stock Market, and prices, in some
cases, tend upwards. Turkish 6 per Cents. are 761
to 77 ; ditto New, 60 to 601 ; and the 4 per
Cents. have improved to 103 ; Russian 41 per
Cents. to 94 ; and ditto Scrip to I -11 prem. ; but
the 3 per Cents. are heavy at 64 ; and Spanish
at 481