The Sun.
London, England, 1858-07-26 00:00:00

MONEY

AR.,KET

AID
U°MII4ERCITAI* rt‘fI"LLICIEJTCF,.

CITY, Two o'CLocx.

The advices received to-day from the manufac-
turing districts state that business during the past
week has been quiet but steady. At Birmingham
the iron trade has been dull and prices unsettled.
The fancy trades of the dis!rict have also been ex-
ceedingly quiet, and some distress exists among
the workpeople. The woollen trade at Leeds
continued steady. There had not been many buyers
in the market, but the manufacturers were
well employed on orders for the autumn and
winter. Wools of all descriptions were at firm rates.
At Huddersfield no vary large purchases had been
made, and most of the buyers in the market com-
plain of the scarcity of new goods on offer. The
various foreign shipping houses had purchased to a
fair extent. Business at Bradford bad been in-
active. The principal spinners, however, were
well, engaged and yarns commanded full rates. In
piece goods there was very little activity, but a
prospect existed of a good autumn and winter
demand.

The market fur most descriptions of cloths at
Manchester has been dull, and prices have slightly
given way, India goods being those most affected.
At Nottingham and Leicester the lace and hosiery
trades continue in a healthy state, and considerable
demand fur the home market still prevails. At
Sheffield and Wolverhampton the various hardware
trades of the districts have been dull, and rather
lower terms have boon accepted by manufacturers,
and the improvement lately noticed has received a
decided check ; the demand for South America
and Australia being very limited.
Accounts from Liverpool mention that the
Colon Market on Saturday presented a heavy ap-
pearance, but prices were unaltered. The sales
were estimated at from 7,000 to 8,000, bales, 1,000
of which were taken by speculators, and 500 by the
txporten§. In the Railway- Share Market tllly a
limited amount of business was transacted, at
slightly reduced prices.
Notwithstanding the approaching termination of
the month, when a large amount of commercial hills
arrive at maturity, and provision for the instal-
ment of 25 per cent, on the Brazilian loan will
have to be made, there is no perceptible increase
in the demand for money. Extreme easiness,
therefore, prevails. The supply is abundant, and
the inquiry being limited, the terms for
discount continue low. A comparatively small
extent of capital suffices for the p, osectition of
trade, while it is conducted on the present moderate
Beale. It is shown by the official monthly returns,
published on Saturday, that not only are the mer-
cantile operations of the United Kingdom
greatly reduced, but that the use of capital
in these transactions is economised through the
depreciation of various kinds of produce, &c., as
eempared with the eorre.:2,powling period of last
Year, 11nis, while the requirements of traders in
every branch of business are modified, unusual
easiness and abundance must exist, because there
are no great financial or joint-stock schem.!s to
absorb such an amount as to limit the supplies so
materially as to render the market susceptible
to the fluctuations of the current demand. Since
a change, involving the return of stringency, can
trade be produced by an important expansion of
srlide) and the development of speculative enter-
prise, there is, consequently, no probability,
Judging from present indications, of an immediate
alteration in the state of the discount market.
Turther parcels of gold, including one of 7,0001.
On Saturday, are being added to the bullion in the
Bank.
The Heather Bell, Captain Harmsworth, with
75,792 oz. of gold, or 303,1681., has arrived in the
bewns, from Australia, after a passage of 80 days.
The next Australian mail will be made up on
the 11th proximo.

Applications for the unallotted portions of the
New Zealand Loan are being received at the Union
Bank of Australia. On Saturday 40,000/, was
tendered for, and further offers will no doubt be
Made to-day.
The Ripon, with the remaining portion of the
Bombay mail, has arrived.
Owing to the steady yield of gold in Cilifornia,
Inc.! the regularity of the remittances to Now York,
thi) specie held in the banks in that city continues
to increase, notwithstanding the renewal of small
shipments to Europe. On the 3d inst. the total was
533,830,232.
The annual general meeting of the shareholders
Of the Australian Mining Company was held to-
day, when the report of the directors was presented,
showing that 500/. more would be required to make
mine likely to be profitable. The accounts
Showed the assets to be on the 28th Feb., 1858, as
follows :—Assets, 2,5101; liabilities, 2,000/. In
the colonies the cash in hand was 2051. 4s. 11d. ;
and the stores, 5,628/. 7s. 6d. Some discussion
took place as to going on or not, when it was sug-
gested to make a further call of 2s. 6d. per share.
The transactions in the English Stock Market
to-,clay have not led to a return of buoyancy. Up
10 this hour the o
theoperations have been limited, but
re can be no doubt that a few active purchases
//:111d cause renewed firmness. Consols have
A 951 -1 for money and account. The New 3
sls r Cents. and the Reduced Annuities are 96i ;
rie,l‘Tow 3i per Cents., 101 ; and the 5 per Cents.,
--`4l ; Bank Stock 223 ; the June Exchequer Bills
are marked 235. prem., and the Bonds, 101.
Poreign
Securities are also very flat, and the
11'411%060ns have been limited. Turkish 6 per
cents, are 94 and nearly all the other Euro-
Lean stocks have been at nominal rates. Venezuela
r,erlds are 39, and the Deferred 15f. Peruvian 3
Cents. have teen 69 ; Mexican, 192 ; and
*" 11e oa
ll Ayres, 80.
-A- Moderate amount of business has been done
111
Lathe Railway Share Market, and in most in-
tllees prices have slightly improved, one or
ly° of the leading lines however, have a downward
voeridencY• Great Northern, Brighton, North-
',eaten, and South-Western, have improved
or
tern,
5s , and Great Western, Lancashire and
kshire, and Midland are a shade firmer. Cale-
donians, East Anglian, and Nor h Eastern
The foreign lines have been very quiet and
allow little variation from previous quotatioLs.
In the Colonial Market East Indian have
im-
Proved 1/., and the Jubhulpore shares 55., Great
Indian Peninsular 55., and Punjaub about ss.
Grand Trunk, and Great Western of Canada, are
at previous values.
mMines, Banks, and Miscellaneoue Shares, are
oderately active, and prices are steady. Bank of
ustralasia advanced 51. ; London Chartered of
Australia 10s. ; Provincial of Ireland ss. ; and
-Peninsular and Oriental Steam 10s.
BRlts

FUNDS THIS DAY AT ONE O'Cl OCK.
(From the Ogics4 List:)
3.1.11 c Stock 7
25
tTilree Per Cent. Reduced Annuities 9 26i
. -n1 n • Annuities le 9:3i
cit Three per Ccut. Annuities
........ ........... e* 3{ per Cent. Annuities .
Per Cent. Annuities. ........................ 101
115
Annuities, expire sth Jan. 1860
Ditto 30 Years, expire sth Jan., 1960 1 7-16
Isdifi Stock
Ditto Debentures
bitto Bonds, £lOOO
uensols for Account
11. Juno.
/Ixehequerßills
£l.OOO 36 Marel
£5OO ..... .........
r.zehequer Bonds 1859 3i per Cent
j 23
,
tt.it 19,ES OF FOREIGN FUNDS AT ONE O'CLOCi; .
Aaihan 5 per Cent
Ditto, 1829 and 1839, 5 per Cent .....
le!ios Ayres Bonds, 6 per Cent.
o Account
•• •• • .......
timxican 3 per Cent l9l
d r/Wian
Bonds, 4i per Cent
Ditto
Account
69
Tll sh Bonds, 6 per Cent.
Oat°. Aceotnt
95i
nezuela Donds,s per Cent
Ditto Account .. .1
.S 9
Ditto Deferred, 2.. p. .... .......... ....
...
Dividends on the above payable in London.
TWO 0'01,0( B.
................... 95i

Coneole, mo
Ditto accouney .... ...
...................
nt
.....

!sir. Mathew, Consul-GenEral at Odessa,
'Secretary el Legation at Alexict,. is appo!nted