The Sun.
London, England, 1858-02-08 00:00:00

ONEY MARKET

A .Jll

COMMERCTAL INTELLIGENag
CITY, Two o'CLooK.
The ace' untq from the manufacturing districts
received this morning state !hat business during
the past week has not been quite so active. At
Birmingham retail traders complain sadly of the
dearth of orders ; there are, however, signs of re-
turning activity, and a good spring trade is expected
with North America. Business at Manchester,
Owing to the rise in the value of cstton, has not
been brisk, buyers for exportation acting with great
caution. For the Indian and German markets there
is a fair demand, and some little improvement has
taken place in printing cloths ; buyers, however, still
hesitate to give the advanced rates demanded by
Manufacturers. The lace trade at Nottingham
has been very quiet. A few orders for home con-
sumption have been executed in the warehouses,
but beyond this there is little change to report.
In the hosiery trade there is no improvement to
report, business being unusually dull. In the
glove branch, however, a slight improvement has
taken place. At Leeds the demand for cloths was
very inactive in the various halls, only a
Moderate amount of business was transacted, but
although prices are generally firm, there is not the
animation which in more prosperous times has
been usual at the commencement of the spring
trade. The wool trade at Bradford has been
active, and a fair business is reported in yarns, at
full rates. Piece goods are quiet, and there is
little or no demand for exportation ; and the late
rather unfavourable accounts from the United
States have fur a time destroyed the hopes ent: r-
tsined of a revival of trade with that
country, and it is now generally believed
that little will be done until the fall trade
commences. The carpet trade at Halifax has con-
tinued steadily to improve, and a very fair amount
of trade has been reported at fully late quotations.
Wools- also Eave shown an up ward tendency in
prices. The hosiery trade at Leicester has exhibited
symptoms of improvement, more particularly for
goods suitable for home use, but for export thergis
very little doing, and great numbers of the opera-
tives are still unemployed.
Accounts from Liverpool mention that the Cat ton
Market on Saturday closed with a very animated
appearance, and prices cf most descriptions ad-
vanced id. per lb. The sales amounted to 12,000
bales) 5,000 of which were taken by the speculators,
and 1,000 by the exporters. The Railway Share
Market closed quietly, and quotations were with-
out any material alteration.
The Indian Loan Bill has not led to so much
conversation in City circles as might have been ex-
pected, looking at the amount the Leadenhall-
lt:ect authorities require, and the proposed manner
°fl, raising it. Although the operation is likely to
be tnore extensive than was generally anticipated,
3 probable influence upon the money
larket, will not, it is imagined, prove very
mportant, inasmuch as the debentures are to be
tied periodically, and the investing public will be
glad to take them in preference to the shares of
ItcY new joint stock schemes that may be brought
oat. The particulars of the plan have yet to be
made known, but the general opinion appears to
be that the expedient of borrowing in the way pi ()-
Poled is the most satisfactory that could be adopted.
anThe demand for money continues very quiet,
it is thought that the Bank Directors, on
ixati..esrsday next, or in the week following at the
ott, will reduce the minimum to 3 per cent.
Ite..n,g to the provision made for the engage-
uLa due on the 4th of the month, the last
ti,`Lerlic return exhibited a slight diminution in
the
reserve of notes, but a further increase may
ilh% tll be expected, while, with regard to
that bullion, no doubt can be felt but
phae a considerable accumulation will yet take
tiigUnder these circumstances a lower rate of
eat-susst may be anticipated, especially as the terms
or doors continue 1 per cent. under the existing
egfll;..atien at the national establishment. The Bad'.
(i prance have made a further relaxation, viz., to
mode Cent., cent., and in most isf the other continental
Markets indications of greater ease are
IT rent.
The
n
11% v.aPe Town Railway and Dock Company
thwreceived information from their engineer, Mr.
pgar, to December 30, in which he states
por`,.; lae had completed his survey of the difficult
....44c1 1'24 of the railway-18 miles in length
succeeded in obtaining a line
•tithout
144,, very heavy works. " Brownger
1,043? "as regards the works. oa the remaining
, Non of the line, I expect that they will prove -
se''s be of quite a light description." I have ob-
ittftd with pleasure that the goods traffic consist-
tog of produce from the interior appears to be very
lasilsiderable, and will be undoubtedly a source of
'Ore revenue.
en,,4,l.tbough business in the English Stock Market
thir'ilnues very quiet, the quotations are steadr, and
takeng the morning no alteration whatever has
but 111 Place. A few investments have been made,
no i_cYond adding to the strength of the market
attae7ression was produced. The interest now
the .411,g to the proceedings in Parliament, and
to be disc felt to ascertain whether the questions
ties,
„ull.enseed will lead to any Ministerial difficul-
engastra.in the speculators from extending their
flilz %M
a'sElonte, notwithstanding the continuous hi-
ts °I gold and lower rates for money. Consols for
agiti,f,,er Were
96 to 96k, then 931 96, and are now
Tbel.ll6 to 961. For account prices have been 964 f.
96, f". e.ow 3 per Cents, are 96k g, and the Reduced
218. -"sink Stock is firm at 227, and India ditto
13 each irsnequer Bills are 295. to 325. premium, the
Ratilnu, and India ditto 20s. to 225. premium.
the p„'". numerous transactions are recorded in
fir autr„sign Market. Turkish 6 per Cents. are very
to io .45 to 100 and the 4 per Cents. are 1031
fiats •
ertiSpanish 3 per Cents. are 43.1; ; and the
tie' 1 5' •At in 8 ) Russian 41 per Cents. have been
901 • -I. at 991 to 100;' and the Sardinian at 90 to
andls ' -reruviau
ou_t h ar,,) 801 ; Portuguese 3 per Cents.
4 per Cents. 100 to 1001.
'inteeks are the nominal prices of Foreign
81 • eats dittos gears'2o¢2l ; Peruvian 44 per Cents.,
56 ;
11P3er cents~ 54
rinsh 3 per ditto 45 per Cents., 99 100;
tut 26. Cents,, 43 431 ; Ditto Deferred,
, ve,.
the Raily limited
business has been transacted in
-.ItY
t, prove_/v Share _ Market this morning, a slight
isacrlin7),.bowever, is visible in one or two of
as,stere, and 8. Great Northern, Great
44"8,
4nd liorth British advanced about ss.
.1.14 Oxford North Eastern (Leeds) declined 5s ;
4104 , Worcester, and Wolverhampton 17.
%ki, L the other English lines dealt in realised
eqUotations. The Foreign and Colonial
1 very quiet. The French undertakings are
0871nanal quotations. East Indian have improved
Iln;;are unaltered in value.
and Great Indian Peninsula ss, The Canadian
t .!
Mines,_ Banks, and Miscellaneous Shares are
lAceediugly quiet, and prices show little variation.
i'..°.cdon Chartered Bank of Australia have receded
Viait,n of Auitralia, 10s. ; E is' ern Steam, 11. ;
444 South Australian Land, 38 to 384.
tat

20
5
20
6

FUNDS TIIIS DAY AT ONE O'CLui;h, 10
20
20
(from the Qilicsal Ltstit

Business done.
227
:411t Stook
964 4
3 P:01: (jent. Reduced A.nnuittes
96 4 N 6i
11,-,,,,-• ()cut i:ongola Antsitlok•
96t i
i
tau.. , Per Cent. Annuities _ _
_,..
2 1-16
bliaties, expire stl. .Tan. 1860
IIlla• ° 30 Years, expire 10th Oct., 1859 J 1,33-16
tfilaSitock
20
23 "
'
0„a.
~ under tlOOO
96i i
,a tor Account ...
400004. et 4111 e, '44.1.
32 29
t-Rio ......... •
...............................
2.) 32 P
`firt'oeil:rino 1.101i.d.5., ......... 34 per Cont.— 100 k
0 ,iii
ba voREmN FUNDS AT ONEO'CLOCK.
04 x
Pero;:: '0144.6 Per Cent .
1)144 d
B°n -8, 4i per Cent
''o.l
Aoriti ° Account
-N,Fllese bonds, 5 per Ceut., Cori. 1841
4--5
ItiL7iLa‘ork 183, 3 per Cent
Dint' 1`4:144. 1,522, 1,-!. St., 5 1
100 911
44 Per Cent. ,er Cent
4r, 11 boulg 5 00..! 1.0
,Lth iici4as
;; Per Cent.
44-
klpall,;t4) Accoutlt Pi".
"nt.
43 i
T 'RI' eoulluitt ........................ .. : . fun. 5A
4,101,11
~,lot
of Coup. n '
titto Account' P"
lit
.
. 100
itt, G„n,,,_ . ................................
ioli
:"Zulecoleed.l per Cont.
U4t
03L
_.
1 s 44
1)44._
l'ivilen`l' ......................
; I- 1 (noon.
~oh Exchange,
2.i on the above oavalle a .
j:/°. 4 Per Cent. i 2.1. oPertiaeo:le.s, 12 Guilders ---,-_
t ,
Two O'CLOCK,
q3ne,i
cl, tnoney .....
. 96 i
vonriola for account . .
' .....
T .......
.
...................... t lINATP I,
A,b - .z.t.rcerroNT --The polling commenced in the
t, P"lfing (i,. • :";
of 3t , . —riots. ,or tha blrowthßod-hill and the
At 0
0% 11.tigaT e
-OD Saturci:4%, ro7,roirog at 8 o'clock.
botirNate ?look the returning officer, Mr. T. Alartiu, pro-
ratict to the Town-ball, and made the following dccla-
_of the final elob f the poll :—Rawlinson, 212 ;
'al+ 116 ; Monson, 095.

ICO
'CO
20
20
20

50
100
100
20
50
20

FOR.

all Antwrp & Rotterdam
all Ardennes
all Belgian East. Junct
al I Beziers to Graissessae
all Carineaux&ToulousLi
Coal Mines and Ry
15 Dutch Rhenish
all Eastern of France
all Do. New ..
2s. Euphrates Valley ,
all Gt. Central of France'
all Great Luxembourg
6 Italian Junction
all Lake Const. & Bale
all Lierre and Turnhout
6 Lombardo-Venetian
all Lucca di Pist.sp.c.p.
all Lyons and Geneva
all Lyons & Mediterran.
all Maria Antonia
all Do. New
all Namur At Liege
all Do. do. 6 p. c. Pref
all Northern of France
all NorwegianTrnk.Pref
all Paris and Lyons
all Paris and Orleans
9 Reeife & San Fran.,
(Peruam.) g. 7 P. c.
all Rome and Frascati
all Royal Danish
all Royal Swedish
all Sambre and Meuse
all Do. 5i per cent. pref
all Southern of France
all West Flanders..,,,,
u i all IDo. 54 per a. Prdo
all W. &N. W, of France
0 6 Western of Austria
0 all I Wtht. of Switzerland
6 all , Wiesladen
6 all Do.B p. cent. pref.
20 all ;Zealand..