The Sun.
London, England, 1858-03-22 00:00:00

MONEY rbIARKE T

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK. 12
The aceounts from the manufacturing districts 50
show but little variation, from the general tenour 13
of the reports for some weeks past. In most st.
branches of trade there is little improvement at 2.,
present, and- the amount of orders received in any 2g
branch does not indicate an active Spring trade.
A few of the cotton mills which suspended opera- gst.
tions during the late crisis, commenced running St.
again, but a considerable proportion of the hands
20
employed are on "short time." At Birmingham the 20
unsettled state of the metal trade operates injuri 10
-
ously on the various manufactures of the neigh- 50
bourhood, and no more work is put in hand than 25
is required for immediate necessities. The iron Z.
trade at Wolverhampton continues much in the St.
same state as it was the week previously, and the t
small number of orders has caused a further slight 25
depression in prices, and many of the needy makers St.
have been obliged to accept lower rates. At Brad- E
ford there has been no active demand for the raw st.
material, and spinners are indisposed to purchase 't
freely, owing to the unremunerative character of et.
the prices realised for yarns. In piece goods no im-
TOL
provement can be reported ; some orders were st.
given out in the early part of the week for fancy st.
goods, but the general trade is quite as unsatisfac St
-
tory as before. A moderate business has been done st.
in the woollen cloth trade at Leeds, but no improve- St.
went can be reported in prices, and in the various 5c 12
cloth halls and warehouses buy irs have operated 16i
pith rather more spirit than of late. Business at gi!
Manchester has been restricted, owing to the 16
very general opinion that the present price of 3
cotton too high, and there is great cau- 20
tion- among 'buyers. India shirtings, however, nil
have been in fair demand, and the sales on this st
account have formed the principal business st.
transacted during the week. The worsted trade hVI
at Halifax has shown rather more activity and .5 (
with a continuance of fine weather a still greater it 1
improvement is looked for. No quotable change 10
has taken place iu the values of piece goods. At St.
Barnsley the linen trade continues dull and the 50St•
hand-loom weavers are but indifferently employed. 25
Letters from Liverpool state that the Cotton Mar 00
-
ket on Saturday closed heavily, but prices remained 10
unaltered. The sales were estimated at 8,000 20
bales, 1,000 of which were taken on speculation. st
In the Railway Share Market a marked improve- 50
merit was apparent in prices of all leading stocks.
A slight increase is perceptible in the demand
for money on commercial account, although trade S
is still in a very depressed state. The terms, how-
ever,
continue low, bills still being negotiated at
24 per cent., and there is an impression, which has
. been strengthened by the last Bank return, that the
minimumwill be reduced to 2 &per cent. Some surprise
is expressed that the Directors did not take this course
last Thursday, as the situation of the "till" would,
it is imagined, have warranted the measure ; and
notwithstanding the pending financial operation on
the part of the Hon. liast India Company, many
are of opinion that it will be adopted this week.
The specie movement continues very favourable.
On Saturday another parcel of about 25,0001. in
gold, besides 50,0001. in sovereigns, were added
to the stock of bullion at the Bank, and at the
demand for silver on Eastern account has di-
minished it may be reasonably concluded that a
larger proportion of the Australian and other sup-
plies will henceforth be retained in this country.
The aggregate quantity of the precious metals
. deposited in the Threadneedle-street vaults
bust now approach 184 millions sterling, and if
the accumulation continues at the present rate
the total bear comparison with any former period.
The negotiation of the Indian Loan has been
anxiously awaited, and, as may be imagined, capi-
talists, speculators, and others who professed to be
well-informed have not failed to circulate
their opinions upon the subject. These
differ widely as to the precise course
which the authorities will probably pursue. Some I
have confidently predicted that debentures for the 2
whisle amount of eight millions will be offered at
once, while in other quarters is is thought that they
will be issued as the proceeds may be required. tug
lour or five millions have been spoken of
elsewhere-," as the probable amount of 1/
the first emission ; but whatever difference of opi- 20
pion may exist upon the details of the plan, all are 1-(1)00
agreed that the sum required will be easily obtained,
and that the securities representing the capital of tOO
the loan will become a favourite medium of invest- 20
numb 20 With the monied public. 9'
The English Funds are rather firmer today,
owing to the satisfactory position of monetary
affairs, and a more favourable feeling with regard
to the political relations of the country. Busi-
. ness, however, remains inactive, and there are no
• new features of interest to describe.
Consols have been 961 i for money and 96i 97
for the account. The June Exchequer Bills are 353.
premium; and the Bonds, 1859, 1001 1011. India
Stock is marked 220, and the Bonds are 28s. to
295. premium.
Foreign Stocks are very dull, and the alterations
Lave been unimportant. Turkish 6 per Cents. are
1011 f, and the 4 per Cents., 104 ; Spanish 3 per
Cents, have been dealt in at 444 ; Russian 44 per
Cents. at 106} ; Sardinian 5 per Cents., 914 ;
Dutch 24 per Cents., 66 ; and Ditto 4 per Cents.,
1001 ; Mexican Stock is 19i to 20 ; Peruvian 4i
per Cents, are 81f ; and the 3 per Cents., 56g.
A very limited business has been done in the
Railway Share Market to-day, and the variations
have not exceeded 4to 4 per cent. Caledonians
have improved 55., and Midland, ss. ; Manchester,
Sheffield, and Lincoln, and North Eastern (York),
10s. ; and Eastern Counties, and North Eastern
(Berwick), 1/. ; Great Western, Lancashire, and
Yorkshire, North British, and South Eastern ss,
The Foreign and Colonial lines are quiet, and
exhibit little alteration from previous quotations.
Eastlndian have improved 10s.; Great Western of
Canada declined ss. ; Pernambuco and Royal Swe-
dish were a shade lower.
Joint-Stock Bank and Miscellaneous Shares
have shown little variation from previous rates.
Bank of Australasia have advanced 1/. ; Provincial
of Ireland declined 10s. ; and Electric Telegraph
have improved 11. to 11. 10s.

20
20
10
St.

20
25
25
25

174
20
St.
20
20
100
20

20.
20
100
100
100
100

20
20
20
20

BRITISH FUNDS THIS DAY ATONE ifeLout,
( From the Officsal Listi)

Business done.
3 per Gent. Console Annuities
India Stock
ladle. Bonds, £lOOO ......... ...... 29 p
Ditto, under £lOOO 2B p
Console ter Account
Exchequer Bills, 24d. March. June.
£lOOO. - 135
£5OO - 135

Weal]..... ... — 35
Ditto Adxertised 35 9
Exchequer bonas, 1r556, 34 per Cent.... 99i
Ditto, 1659

PRICES OF FOREIGN FUNDS AT ONE O'CLOCK
Br.taluan 5 per Cent.
Ditto 1852, 44 per Cent.
Mexican 3 per Cent
ilitto Account
Nruvian Bonds, 4i per Cent ...
oktto Account Bl4 3
Ditto 3 per Cent.
Ditto Account -56 i
Russian Bonds, 1822, £St., 5 per Cent._
Ditto, 4i per Cent. lOO6
Sardinian Bongs, 5 per Cent.
Sptnish Bonds, 3 per Cent.
Ditto Account ....
Sarkieh Bonds, 6 par cent
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 26 per Cent., 12 Guilders 65
Do. 4 per Cent. Certificates ....... 1001
TWO O'CLOCK,
961 I
94 7

Console, money ....
Ditto, Account ....

POSTAL ARBANGEM.ENTS AT PE3fBROKE DOOR.—There
are now two up and two down mails to this town and
arsenal daily, with one to and from Waterford three
times a week, and Cork twice a day, during the same
period. The knowledge of this fact must be of much im-
portance both to the Government and the mercantile
world. The electric telegraph is completed along the
.
South Wales Railway, so that the dockyard and gam-
Boa can now communicate with London and all the
other parts of the kingdom.

Atian. and St. Law.
9 Bombay, Baroda, and
Cen.lnd,guar. 5 p. c.,
all Do.
all Do. Additional A
all Buffalo & Lake Hur.
100 Buff. t Brnt. & Godch.
100 G p.c.bds., 1 Aug.,'72
Do. do., 1 July, '73
100 Do. do., 1 June, '74
2s. Calcutta and S. East.
12s6d Central Oude (Lim.)
1 Ceylon A shares
all Demerara .

2s. Eastern Bengal
100 East Indian
all Do. C Shares

5 Do. E. do. ,
all Do.4i p. c. Buds. ,'59
all Geelong & Melbourne
guar. 5 per cent
100 Gd. Trunk. of Canada
all Do. 6p. c. Deben
all Ct. In, Pen. g. 5 pert
4 Do. New. guar. 5 p.c
all Gt. Wcstn. of Canada
13 Do. New

all Do. Bds., payable '57
all Do. do., '76, p. '6O
all Do. do., '73, do.
all Do. do., '73, without
option
all Madras, guar. 4 P.C
all Do. do., 5 per C.
15 Do. 4i p. c. Exton.
5 Do. 3d Ex., g. sp.c.
5 Do. 4th Ex., do,
ss. Oude (Limited)
15 Scinde, guar. 5 per c ,
all Do

all kntwrp & Rotterdam
all Ardennes
3 Bahia & Francisco
all Belgian East. Junct
all Beziers to Graissessac
all Carmeaux&Toulouse
Coal Mines and Ry
15 Dutch Rhenish
all Eastern of France
2s. Euphrates Valley
all Gt. Central of France
all Great Luxembourg
6 Italian Junction
all Lake Const. & Bale
all Lierre and Tx mhout
6 Lombardo-Venetian
all Lucca & Pist.sp.c.p.
all Lyons and Geneva
all Nfaria Antenia

all Do. New
all Namur & Liege
all Do. do. 6p. c. Pref
all Northern of Fiance
8 Do. New
all NorwegianTrnk. Prot
all Paris and Lyons
all Ditto New

all Paris and Orleans
9 Recife di San Fran.,
(Pernam.) g. 7 p. c-
-11 Riga ar d,D naburg
all Rums and Frascati
all Royal Danish
all Royal Swedish
all Do. 7 per cent
all Sambre and Mouse
all Do. 5i per cent. pref
all Southern of France
all West Flanders
all Do. 5i per e. Pr.jf
all W.dt N.W. of France
6 Western ofAustria
all Wet of Switzerland
all Wiest aden
all Do-. BP. cent. pref.
Ali Zea1and........

JOINT-STOI

50 Agra dE-Ifi-ia-ed7S-W--•v
all Australasia
all Bank of Egypt
50 Bank of L0nd0n,,,,,,
all Bri. Col. Bk.& Ln. Co.
all British N. American
10 C. Bk. of Ind. Au. &CIA
50 !City
25 !Colonial

all Commercialof Canada
20 Commercial of Lond.
all u
g .Scot.&kA.oufsA.C.:::tt.
all on.(;h. B .
20 London and County
10 London Joint Stock.
20 Lond.andWestminst.
35 National Pro. of Eng.
10 Do. New
25 National Bank
all New South Wales
all Oriental Bank Corp
all Ottoman Bank
25 Provincial of Ireland
all Do. New
all South Australia
121 Do New
all Union of Australia
10 Do. New„
10 Union of London M
50 Unity utual 1
50 Wednak 01 I oud