The Sun.
London, England, 1858-05-25 00:00:00

MONEY MARKET

AND

COMIYIERCIAL INTELLIGENCE.

CITY, Two o'Ceocie.
Business in the Foreign and Colonial Produce
Markets during the last few days has bean very
quiet, the intervention of the Whitsun holidays
having delayed to some extent the public sales.
goat of the leading articles have exhibited a slight
wryward tendency in prices. Tea has been very
quiet, without the slightest change to notice in
,v,alue- Sugar has declined about G per cwt., al-
'uengh good qualities maintain their previous
values. For coffee there has been a steady inquiry,
and flue coloury qualities of plantation Ceylon
have realised full rates. In rum very few dealings
cave been reported ; and rice is flat, the transac-
tions
entered into comprising a few lots for home
,ennaUmption at about previous rates. Saltpetre rea-
lises full values, and holders are very firm. For
Indigo there has been some inquiry, at about last
sales' rates ; and the public auctions of colonial
Wool have proceeded with rather more animation,
~1411 c nanalities of Sydney wools being in increased
"ribald at a slight improvement in prices. Tallow
• continuesa firm. P.Y. C., on the spot, is 535. 9d. ;
'lll3' to September, 51s. 6d.; and last three months,
51c. to 51s. 3d.
Letters from Liverpool state that the Cotton
Market yesterday closed quietly, and prices of all
the Railway Share Market business was dull, and
quotations were rather lower.
It Was asserted in the American advices received
Yeaterday that orders were being sent to England
and France for various articles of manufacture ;
and, moreover, statements have been recently cir-
culated as a reason why gold was lately transmitted
to Paris that speculators hero were purchasing
articles of French production. Whether this be
true or not is difficult to determine; but certain it
Is that advices from most parts of France still com-
plain of the extreme depression of trade. In the
nlanufacturing towns particularly there seems to be
itlah distress, and the weekly railway traffic returns
Prove, most conclusively, that goods and produce
are being moved from one part to another in very
small quantities. This is given as the chief cause
the depression of the French funds, which cer-
iainly, if contrasted with the current quotations of
Ile 3 per Cent. Consols, seem forced almost to the
va•
lue of the national securities of a country greatly
Inferior to France, both commercially and politi-
elllY considered. Occasional symptoms of revival
are experienced but they are spasmodic in their
k▪ lsaracter, and the trading interest appear to re-
tard the prevailing inactivity as chronic. When,
„°wever, due consideration is paid to the events of
ole last few months, showing the results of years
b indiscretion, through trade being forced
Yulad its natural limits, no surprise need be felt
at
the existing state of things, especially as the
inlunierce of England, the United States, South
1414eriea, and Australia are all suffering from simi-
lar consequences.
It 3 is stated that the New Brazilian Loan of
;:uOO,OOO/. will be issued in 4i per Cents. at the
of 246. At that quotation the amount will
n 0 doubt be readily subscribed.
The annual general meeting of the National Bank
.°3lt place to-day—J. Newsam, Esq., in the chair.
~,
report was satisfactory, and showed a net profit
Ile
the year of 76,257/. 13s. 41., which allowed of
usual dividend of 6 per cent. per annum. The
ftsierve fund was now 104,792/. 2s. Bd. The chair-
llan stated that the bank was not a loser by the
late• crisis, nor had Ireland been in any way affected
"I it so as to cause the accommodation to custo-
14cra to be diminished. The report led to some
"▪ Iseusaion, but it was adopted unanimously.
„ The meeting of the Recife, (tac , Railway Com-
''4llY, held this day, was again adjourned.
0 The Funds are flat and the transactions continue
the same limited scale as for some days past.
14 the moment the tendency of prices is unfavour-
ail: rrSpite of the influx of gold into the Bank,
the ether favourable indications. The dulness of
tiellitcarket is increased by the proximity of the &at-
oll, ebt• Some of the speculators prefer closing at
tbeilleo the rise during the account having given
The; the opportunity of securing a moderate profit.
eo operations have caused a little weakness.
caarlB°B being' 374. to 98 for money and the 3d prox.,
so 98i for July. The New 3 per Cent'. are
the' ; the Reduced, 961 ; and the March Ex-
a2icluer Bills, 38s. to 425. prem. Bank Stock is
Tt° 2221, and Indian ditto 221 to 224.
Fare .° number of transactions recorded in the
tarti '6•11 Stock Market is limited, but prices con-
bitte steady Turkish 6 per Cents. are 97 to 971 ;
102 ° 4 Per Cents., 104} ; Brazilian 5 per Cents.,
Acti;_bitto 4i per Cents., 100 a 1014 ; Grenada New
aa 3,se") 204 ; Mexican 3 per Cents., 201 ; Portu-
esat,4 Per Cents., 464 • and Sardinian 5 per
Neal? 94 The New 'Brazilian Loan is no-
'Y to 11 premium.
kele following are the nominal prices of Foreign
can aa ;--Grenada Deferred Bonds, 51 61; .Mexi-
aa Per Cents., 201 21 ; Peruviin 4i per Cents.,
Per ")8 ; ditto 3 per Cents., ; Portuguase 3
113
.oeets., ; Russian 5 per Cents., 111
et.,i:litto 41 per Cents., 101 103 ; Spanish 3 per
14'1,44i 45 ; and ditto Deferred, 27 4.
there has Railway Share Market this morning
aed 'Am been but a moderate business transacted,
41431t1ct of the leading lines show a decline of
ceded to 1 per coot. North-Western have re-
Oaa•'. ; Great Northern, Lancashire and Yt
Ivildland, and North-Eastern (York), 10s. ;
ealecielll Counties and South-Eastern, 15s. ; and
()leaaglbLia,u, Great Western, and North-Eastern
Ralactea`N) 1/. The Foreign lines were quite ne-
'-'oler-7a and ;quotations are *unaltered. In the
Market Gre it Western of Canada have
; Grand Trunk of Canaria, 102., and
• z.luian about 11.
biteelug shares were dull, and prices have exhi-
j-oi,U2 alteration of importance..
teeet '4 Stock Bank and Miscellaneous shares are
kalet
over ai at about former value'. British North
'clu have improved lOs. London and West-
Nterai) 1 'laove declined ss. ; and Australian Agri-
8.

liltuit
--'4'l FITNDS.—CLOSING PRICES—THIS DAY.
s%ait , (From the °fetal List:)
;Per (.'t°ek
2221 1 21
~•40,). n-ett. Iteduced I:iniiitie,ii 964 6 i 6
4,,,,, vest. ecisois Annuities 97i 4 8 7
963 b 4
tc'S. POI' Cent. Anuuttlns
0 411fluities (Exp. sth Jan., 1860) ls
*l4O 35 Years, expire ire sth Jan., 1880 1
4'14t0 q
, th„- ..CI Years. expire sth Jan., 18E0 13±:
414"030 Years, expire sth April, 1885 lB,l
4,11 Stook
224 1 3 1
,lii.qudiii, xiiitio ........... .... .
,`'fete tinder i;1000 24
skttO ter Account
40N‘ler Bills 2 March. June.
00 , =kl.,
42 38 I
q2titta Advertised 11..1 .. .. ...........02 320 4 I
b q'equer rondo, 1,5,, 3i per Cent....
h'tte. 1%59
P IT, 1011
1'4V1,1„,--',2 OF FOREIGN FUNDS—THIS DAY.
Ditto Ac Per Cent.
____
I, nitt::::-'ectint .
103
'ltim '4i Per Ce.a. lOl4 Ioq I
bitti3l.
.„Icie Iv Coniolidated ' -_ Zrebac7:-.lovisional Land Warrant
o.oe 4A ew Active 21 per Cent.
h bitt:A3,Per Cent ' —
15:rtac•eennt
204
s''t4'i,llr 13°nas 3 per Cent. 1853
04) A"de, 1';',.22, i: St., 5 per Cent._ 1124
'lib' 4,ecount
113
Ikbitloal'Atils. per Cent.
T bitt,. r"8, 3 per Cent.
ttki assive
7ii .
t• 'll Bonds,
~Itto ----1, 6 per cent —
Ditto Account
96a -33
....
v oittc; fparanteed, 4 .... Cent.
Dttzn 1 ecellot .
e vv.._ ......
itto beitids, 4i per Cent
)5 Lerred, 2 per Cent. .... ' ICI
`'elai Arvid,
on the above payable in London.
44' 2A
Per Cent„ ex. 25 francs
'eliii i 't tlitEE 'D'CI OCK.
oh,°;B, tuoner . 1.7:7
Oitaf,,__ ~ 10e .......... ••••,:• ..... .• faki 13
.4' Account, (Juno o)
111
'-----"=—.'
PlT.—.The
t. Ilse (,f4l' EXPLOSION IN AN IRONSTONE_O_
104 the
the 4
th .oUr inen who lost their lives by an expl
Zl4 tbZ ii%ll. rdholrne-Ironstone Pir, near Chesterfield,
Dii.reed Brad Inat. have been recovered. One of the men
3; /l'itli ;.shaw, it will be remembered, went into, fthwe
II cit' fro'n °ll lamp. Ilii body was discover-ea a ehis
4:llhai i4l tile bottom of the shaft; the sleeve of
..
4-', and"kt was found completely stripped from his
N1t,40 te all the Clothing
tier art of his body
,ic-rn in piee on then.
It is therefore mferprcd.th.rata thena
naked
d.
llitltt,Pacteie3l,rredc.lsn. eonscquence of his carrying
Th 'lttie 45.uand• The bodies of the other men were
itil.ie itco. 'lured, and it is supposed they were suffocated.
ie 4 the sot
stands adj,,urned to the 2d of June rif xt,
itlY, 01,PoPrietors of the pits have requested Mr. Iled-
tilaittimetl'iLnlet InipectorMines, to assist in
'I . the
causes of the accident in the mean-