The Sun.
London, England, 1858-12-02 00:00:00

MO-IVEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.
The traffic returns of all the principal railways
of the United Kingdom continue to show a progres-
sive improvement, but the comparison, it must be
remembered, is now made with the period of last
year when the commercial crisis was most severely
felt. Any evidence of amelioration however must
be considered satisfactory, and, looking at the
extreme caution observed in all branches
of business, and the studious avoidance of all
speculative adventure, there can be no doubt that
the reaction, already commenced, will continue
until affairs are brought once more into a flourish-
ing condition. This will necessarily be a work of
time ; but holders of share property have now an
additional cause for congratulation in the success-
ful arrangements just made between the rival
companies, and which it is thought will bring about
an improved system of legislation throughout the
railway system.
The last week's railway receipts, ascertained up
to this day, are, in round figures, as under : •
1858. 1851
Great Western
North-Western
South-Western
Brighton
Midland
South-Eastern
Great Northern
Lancashire and Yorkshire
North-Eastern
Bristol and Exeter .5,379 5,27;
East Lancashire 5,490 4,88
Manchester, Sheffield, and Lincoln
North-Eastern
North London 2,160 2,07 f,
North Stafford
West Hartlepool 3,327 3,266
Edinburgh and. Glasgow
Glasgow and South-Western
Northern of France
The public sales of Australian and other colonial
wools, which commenced on the 4th ult., were con-
cluded yesterday. The quantity offered amounted
to 53,815 bales, the greater part of which was Cape
•of Good Hope wool. Prices at the commencement
exhibited an improvement of lid. to 2d. per lb. on
the .better kinds of Australian, and ld. to lid. per
lb. on Cape wools, compared with the rates
current at the close of the last August sales ;
and during their further progress a further
slight advance took place, owing to the
active demand for home consumption conse-
quent upon the improvement in trade in the manu-
facturing districts. Cape wools were in fair
request notwithstanding the large quantities in the
hole, and the condition generally very good ; they
-were purchased to supply the place of Van Die-
men's Land and Adelaide wools, the imports of
'which have been very limited.
Letters from Liverpool state that the Cotton
market yesterday closed heavily, and prices tended
downwards. The sales were estimated at 7,000
bales. The Railway Share market presented a
very dull appearance, and quotations were un
altered.

At the half-yearly meeting of the Trust and
Loan Company of Upper Canada, to-day, Mr.
Wepsuelin, M.P., in the chair, a dividend at the
rate of 7 per cent., per annum, was declared.
The Government broker has invested £lO,OOO in
Reduced Annuities for the ,Savings Banks' Com-
luissioners.
The condition of the money market continues to
chow a generally augmented demand, but, beyond
It few additional applications, there is no alteration
to report. Evidence of an abundant supply is visible
in all diretions, which capitalists seem anxious to
employ when a favourable opportunity is presented.
It is satisfactory to find that the facilities now
offering fail to stimulate speculative enterprise;
and the reception given to foreign loans, as illus-
trated by the Turkish, and still later by the Chilian
operation, will, it is hoped, discourage the intro-
duction of other schemes of a similar description,
since they lead to the withdrawal of a largo amount
of capital, which can never be expected to return
to this country. If new enterprises be encouraged
at all, preference ought to be given to industrial
"Undertakings at home, which might be expected to
tonduce to the general prosperity of the United
kingdom.

The English funds are somewhat firmer, but
there is very little business in progress owing to
the proximity of the settling day. Indeed the few
operations now reported are chiefly in connection
With the liquidation ; but the recent depression has
partly resulted from 'a large supply of stock.
Consols are now about 98 to 984- for money,
and 981 7, for the • January account. Bank
stock has been dealt in at
.2241 and 2251.
The New 3 per Cents. and the Reduced Annuities,
96„1. India Stock is 228, and the Debentures,
9:1; y ; ditto Bonds, 133. to 14s. prem. The March
Exchequer Bills, 365. to 395. prem. ; June ditto,
335. to 365. prem.

A fair amount of business is recorded in the
Foreign 'Stock Market, ' are steady.
Turkish 6 per Cents. •are. 921;. ditto .Scrip, Ist
losile, Ito } dis. ; ditto. 2d • issue; par •to prem.
being rather firmer; Russian 5 per Cents. 1134
114 ; Sardinian, 921 ex div. ; Mexican, 201; Peru-
vian, 41 per.
,Cents. 934 ; Spanish New Deferred,
301 31; Venezuela 5 per Cents., 42.1 43 ; ditto
Deferred, 16} ; and Dutch 4 per Cents., 101.
Chilian Loan is } to -1 prem.
A rather limited amount of business has been
transacted to-day in the Railway Share Market,
but prices have improved in most instances to
the extent of about to per cent. in consequence
of the favourable traffic returns. Caledonian, Lan-
cashire and Yorkshire, and Midlands, improved
68. ; Bristol and Exeter, Brighton, and North
Western, 10s. ; Great Northern, South Eastern,
411 d one or two others were at former rates. The
Foreign and Colonial lines have been very quiet.
Paris and Lyons improved about 55., and East
Indian ss. to. 10s. Grand Trunk of Canada
declined 55., and Great Western of Canada, is.

Joint Stock Bank and Miscellaneous shares are
dull, but prices are well maintained. London and
Westminster have improved 58., Ottoman Bank,
108. Peninsular and Oriental Steam advanced
41., and Trust and Loan Company of. Upper
Canada, ss.

~, BRITISH FUNDS—CLOSING PRICES.
,tank Stock
`.), Per Cent. Reduced Annuities
~,..'' Per Cent. Consols Annuities
New 3 per Cent. Annuities
u, Per Cent. Annuities ll6l
111dia, Stock
Ditto Debentures
tto Bonds, £l,OOO
Ditto under £l,OOO
'-ousols for Account 9Bl 8 1
March June.
exchequer Bills, £l,OOO, 2d. &11d... 39 33
Vitt° ZOO
Ditto Small,, Ild
, FOREIGN FUNDS—CLOSING PRICES.
16lizilian 5 per Cent.
,Ditto 18.58, 41 per Cent
.uanish 1825 3 per Cent.
Li, ? ,
~..-,itto 5 per Cent.
Mexican
New Active, 21 per Cent.
-texican 3 per Cent
1, Ditto Account
eruvian 41 per Cent
8b Ditto Account
tkissian, 1822, £ St., 5 per Cent ll4 13/
er h 3 per a dinian, 5 per Cent Cent. 921 2 a d
Pnis •
Ditto New Deferred, 3 per Cent.
8 Ditto Account
TPanish Com. Cert. of Coup. not funded 6l
14kish 6 per Cent —
bitto New Loan Scrip —
Venezuela,
Account
5 per Cent.
Ditto Account
Ditto Deferred 2 per Cent
Del Dividends on the above payable in London.
Exchange, 12 Guil. 21 per Cent —
o Certificates, 4 per Cent.

THREE O'CLOCK.
Consols, Money
Ditto Account, Dec. 7.. ... ••• • • • 98 k

4,tit'rlNEß BLOWN. UP WITH. GUNPOWDER.--A.
' accident occurred at Dudley, the other day, by
dec„,''' a man, named John Winchurch, was killed. The
I(A,"'„.l:sect worked at Messrs. Dixon's limestone pits, at Dud-
th'Xrt• On Wednesday last he was engaged in blasting
ei-th'uck for the purpose of moving the stcn. In firing one
Qe ,cliarges ho had no opportunity of retiring before the
C.o'c-u °co ed. The unfortunate man was blown a wlsiderable distance from the spot on which he was at work.
eyes taken up he presented a horrible appearance. His
Nverele.re blown in, and various parts of the head and body
unv, inßhtfully mutilated. He lingered in great agony
Roil" ,Saturrin
aa —Y, when he expired. An inquest was held on
Was ret„,_4
tor ftftneon, and a verdict of " Accilental clath",
‘.."ted • Theuarclian deceased leaves a widow and family.—
Q.