The Sun.
London, England, 1858-10-25 00:00:00

moNET M.rIRKET AND CITY NEWS.

CITY, Two O'CLOCK.

The accounts from the manufacturing districts
are satisfactory. During the past week a fair
atnonnt of business has been done, and in some few
instances a higher scale of prices has been
current. At Leeds there had been a regular de-
mand for seasonable goods, and in the various
warehouses and cloth halls ,some activity had pre-
vailed. Most of the manufacturers of the
districts are well employed on fabrics for
the spring trade, and the operatives generally
are working full time. At Bradford the transac-
tions in piece goods have been to about an average
extent. Prices in most instances are well sup-
Ported. Stocks of goods are generally light, and
manufacturers are reluctant to enter into fresh con-
signments at present rates. At Manchester more
firmness has been apparent, and cloths suited to the
India and China markets have been in extra de-
mand. For the home trade there is a moderate in-
quiry, and the prices of all descriptions of cloths
have an upward tendency. Business at Leicester
is in a very satisfactory state, and for foreign goods
of all descriptions there is an active inquiry.
Yarns have shown no material alteration. The
lace trade at Nottingham has been moderately
active, plain goods realising fully late quotations.
The iron trade in South Staffordshire continues to
improve. There has been some inquiry for rails for
the Norwegian Government. In the various trades
of Birmingham and its neighbourhood a steady
iraprovement is reported, some rather extensive
orders from the United States having been received.
The official returns relating to trade and naviga-
tion for the nine months ending the 30th Septem-
ber have been published. From these it appears
that the total declared value of all the exports from
the United Kingdom during that period has been
£86,310,329 against £97,735,592 in the like period
of 1857, showing falling off of £9,425,263. The
decrease is perceptible in coals and culm,
earthenware, haberdashery, and millinery, hard-
Ware and cutlery, linen manufactures, metals,
silk manufactures, British spirits, woollen and
Worsted cloths, sheep and lambs' wool, and woollen
and worsted yarn. The imports of the principal
articles have been larger as regards cocoa, coffee,
Wheat, Indian corn, flour, rum, cottpn, fruit, guano,
saltpetre, spices, nnrefined sugar, and tea, while
there is a diminution in live animals, barley, oats,
flax provisions, tallow, timber, wine, and sheeps'
and lambs wool. The shipping accounts exhibit
an increase in the amount of tonnage employed
in. the Foreign trade of the United
I(lngdom for the nine months of 96;434 tons for
tile entries inward, but there is a decrease of
180,311 tons in the clearances outward. In the
decrease
e°asting trade for the like period there has been a
in the tonnage employed both for the
entries inward and the clearances outward.
the Liverpool Cotton Market, on Saturday, a
fair amount of business was transacted at full
The sales were estimated at 6,000 bales.
b-e Railway Share Market closed quietly at about
the Royal Mail Steam Company, the profits of the
a.,.lilear to 30th June were £124,648, from which
a cuvidend of £2 per share is recommended.
,
demand for money continues very quiet, and
'e.general position of the market consequently re-
unchanged. While the supply continues so
,4.mindant the competition stimulated among the
'di brokers and bankers must keep down the terms
at an unusually low point, and the Bank Directors
nlaY yet be induced to follow the tendency of the
rates, and fix their minimum at 21 per cent. A
~_ellange of this kind may be announced next Thurs.
nr, •or it may be deferred a short time
longer ; but provided no new phase be-
collies apparent in the financial relations of the
continent, it is scarcely supposed that the existing
regulations will be continued, in spite of the reduced
rates current in Lombard-street. The joint-stock
l'aeks will only allow lf per cent. for deposits,
i'ualing already more capital at their command than
they can find remunerative employment for; and
on the Stock Exchange advances are offered freely
at lot per cent.
, _Among the numerous undertakings recently in-
'reduced is the " Opera Colonnade Hotel Company,"
:14•9.4-, from the respectability of its promoters,
the cfzimparatively small amount of capital required,
!lid the probable success of the project, has at-
acted the the notice of the investing public. Appli-
cations have already been received for a large
41nber of the shares, which are £5 each, 10s.
te be paid on application, and £2 per share on
allotment. The company is formed for the pur-
t°se of .conducting the long-established and cele-
rt.ted hotel known as "Femllade's," so well-known
IsuLtbe Haymarket. It is unnecessary to refer at
le the
to the advantages which attach to this
i:_ranblishment from its central position, but it may
ti!
secessary to state for the general information of
e. seeking investments, and whose attention
tieu, °leen directed to this project, in par-
rantirhat it is intended to open a restau-
dtt where 600 visitors can be daily accommo-
d4eu. on moderate fixed charges. A resort of this
licirlPtion has long been required at the West
promoted if the arrangements contemplated by the
eves,
reap
are fully carried out, there seems to be
the
reasonable prospect of a satisfactory return
the s?_ shape of dividend being annually secured to
A nareholders.
further decline has taken place in the value of
fiti,r,eligeeurities. At first the quotations appeared
deeli,,uut sales were then pressed which caused a
flat. "e„,,1-1- per cent., and the market is still very
opera,l These alterations are produced solely by the
etiol'ears, who in the absence of the public are
Nit eu. to influence the market without diffi-
trallY.; Consols have been 981 d, and 98i 1.
and Sgt' for account business is reported at 981
have Pi- ti. The New Threes and the Reduced
rap. been dealt in at 97 to 971, but are now
38_,....er lower. The March Exchequer Bills are
; ditto June, 31s. to 345. prem. ; and
‘4la Debentures, 992.
Several transactions are reported in the Foreign
itteraet, but in most instances reduced quotations
ga, current. Turkish 6 per Cents, have receded to
; but the principal change has been in
13,74eM Scrip, the Ist issue having fallen to 1 1
eas_lll., and the 2d to 11 1 prem. ; Spanish Certifi-
then are firm at the later advance, viz., 6,7
btnce
others stocks the variations are not of unpor-
beliusiness in the Railway Share Market has been
ceedingly dull, and the variations in prices have
en unimportant, not having been more than a
-}_p_er cent. Eastern Counties advanced ss.
14,-t Western and Norfolk improved 10s. Mid-
andNM South-Easterns declined 55., and Great
prilnerns 10s. In the Foreign undertakings
are almost nominal. Paris and Lyons have
li/ite'reved 5s , and Pernambuco ss. •The Colonial
of.
es are flat with the exception of the Grand Trunk
liidianada, which have improved about £2. East
and Great Western of Canada, are at about
Prezio rates.
410., Int-Stock Bank and Miscellaneous Shares are
uerately active, and prices are fully supported.

B „,, BRITISH FUNDS—CLOSING PRICES.
a z.: Stock
222 k 41
a '-`l. Cent. Reduced Annuities 34li 7
®' Cent. Consols Annuities
Ire\c' 3 per Cent. Annuities
tow 21 per Cent. Annuities
gsqla Stock
itto Debentures...........
to ditto, 2d Issue .................. ........... 994-
99 1
h.mitto Scrip .. . .................... 99
cona Bonds, £l,OOO .................. 10 12
oLs for Account .................... 981
March June.
"tequer Bills, £l,OOO, 2d. &11d... 38 7 I 31 4
'I3ICE OF FOREIGN FUNDS AT ONE O'CLOCK
1021
zilian, 5 per Cent
, Ditto 1858, 41 per Cent. 97
-Ellie
Ol,os Ayres, 6 per Cent
80
p lqe Account
eilinvian, 41 Cent.
70,1
lt,i.° 3 per Cent
--,ai
ry al; 822, £ St., 5 per Cent
ga,r,itto 41 per Cent.
Spa'l„,*lll, 5 per Cent. 94
1,4),V,411 Cont. Cert. of Coup. not funded 6 1
Ditch'‘l4 6 per Cent.
A
94
Di New bittom 'ew Loan Scrip _
IN `leenunt
lytto 2d Issue
Veniett°,„,?uaranteed, 4 per Cent.
biti-v,, '',4) 5 per Cent.. _
" 4-eecunt
ItDividends on the above payable in London.
lejl Rentes, 4} per Cent. Ex. 2a —
,4,4ht0 3 Per Cent. 26f.
•atite-'410) 1.0 Gu. £, 5 per Cent.
Ditto"lenan e 12 Guil. 24r Cent —
0,..„,,g ,
nth,
1001
v*uncates, 4 per C
Consols, THREE O'CLOCK.
Money A 8 1
I)itto 4.0091411. t..