The Sun.
London, England, 1858-03-15 00:00:00

COMMERCIAL INTELLIGENCE, I Atm

CITY, Two O'CLOCK. 50
The advices received from the manufacturing 13;
districts this morning represent that very little ste
improvement can be reported in the general
business of the country. At Birmingham trade .2n5
is becoming gradually worse, and almost all de- 25
partments participate in the general depres- St.
!lion. The iron trade continues very dull, as 43:'
many of the mills and furnaces are only partially 50
employed ; in the jewellery trade and general 2020
fancy business of the town there is no improve- 10
ment whatever to report. At Manchester the de- 10
cline in yarn, during the week, has been id. to id. 252
per lb., and sellers of cloth have given way very St.
unwillingly. The exports to the Indian markets gt;
have been exceedingly light. At Leeds there had St.
been a alight improvement in the woollen cloth g
trade, chiefly for home consumption, but there is St.
no particular change to report in either wools or 20
cloths, the late severe weather having, in some la.
measure retarded the opening of the Spring trade. -t.
Business at Bradford has been exceedingly dull, st?
and a feeling of heaviness and inactivity prevails in St.
all descriptions of business. The lace and hosiery 10
trades at Nottingham and Leicester have continued st..st
in a very quiet state ; for the lower descriptions of st.
cotton hose a few orders for export have been given I St.
out, but not sufficient to give the workpeople full St,
employment. The carpet trade at Kidderminster 12
has slightly improved. 16i
Letters from Liverpool mention that the Cotton 164
Market en Saturday closed heavily, but prices of It•
all descriptions were quite as dear. The sales were 9
estimated at 4,000 bales. The Railway Share
2(3)
Market manifested a quiet appearance, and values ti?
were without alteration. 11A
The public sales of foreign and colonial wool sstt..
for the present year, which commenced on the
25th ult., closed on Saturday last. The total St.
quantity offered consisted of 35,966 bales colonial, 25
566 bales German, and 1,001 of sundries. The n-
attendance of home buyers was good throughout st.
the sales, but of foreign there was a scanty attend- st.
once. There was little alteration in the prices
realised from those current at the close of the last t2O
oo
November auctions until within the last few days, Fg
where a large quantity sold very heavily at a decline
20
of about ld. to lid. per lb. for the better qualities of
both Australian and Cape wools. About 3,000 8(t
bales of raw East India, Jamaica, and China wools F(
will be sold on the 16th and following days.
An announcement has been made by Messrs.
Heine, Semon, and Co., on Saturday, that they
are ready forthwith to pay every creditor in full
with interest at 5 per cent., and that they have also
resumed business.
The experience gained by the late crisis is likely
to lead to several changes in the credit system,
which has been so extensively adopted for some
time past. Many innovations have already been
made in particular branches of trade, but the most
important one is that just determined by the Bank
of England, under which the directors will refuse
henceforth to re-discount paper for the bill brokers.
The operations of the latter will consequently be
restricted, and an effectual check is at once imposed
against the wholesale manufacture of bills.
There is a slightly increased demand for money,
but the rates of discount are unchanged, being still
2i to 21 per cent. The supply is excessive, but
as it is reduced by revived trade, the terms
will stiffen, and already some favourable
indications are visible. An improvement cannot
be expected all at once ; it must of necessity be very
gradual, especially as Foreign markets are well
stocked, and are suffering from an absence of de-
mand. During the present year commerce will no
doubt appear exceedingly dull, but the operations,
though limited, will be legitimate, and if the profits
resulting from trade prove small, few losses on
the other hand will be incurred.

20
20
10
St.

St.
St.
St.
20

Silver is in moderate request and at steady quo- 5
tations. Bars are ss. 10. per oz. standard. The 11
Rhine, from Boulogne, has brought a supply equal 20
•to about 40,0001. These imports must entail pro-
portionate shipments of gold.
The Africa has arrived from tho United State., [OO
but with only 16,6711. in specie. The previous 18
advices stated that the remittances for the present 18
would be restricted, notwithstanding the exchange 18
20i
was at a steady quotation. The fact is, however, ioc,
that trade between the two countries is now reduced 100
to very small proportions, and the balance of pay- 100
ments is favour of this country is exceedingly 20
small. 20
At a meeting of Messrs. C. Walton and Son's 1270 i
creditors, held to-day, the liabilities were stated at 20
40,0001., and the assets at 7,900/. et.
The market for public securities is extremely 20
heavy, and very few transactions have been re- 100
corded, attention being chiefly absorbed by the 20
liquidation of the foreign stock and railway share Bt.
accounts. The unfavourable feeling produced with 1(;
reference to affairs is France, and our relations 20
With that country, still continues, and the result is t(:),
general depression in prices. Consols have been 100
96i for money, and 9G for account. They 100
have since been 961 It and Hi g respectively, butl Igg
are sow at the former quotations. Exchequer
Bills are 395. to 425. premium, and India Bonds
25 to 26.
About an average amount of business has been
transacted in the Foreign Stock Market, but the
quotations have appeared heavy. Turkish 6 per
Cents. are marked 101± ; Spanish 3 per Cents.,
44 ; ditto Deferred, 26±; Sardinian 5 per Cents.
have been dealt in at 91 ; Russian 5 per Cents.
at 110 ; Portuguese 3 per Cents., 454 ; Mexican at
20 ; and Danish 3 per Cents, at 83 to 84.
In the Railway Share Market this morning
the chief business transacted has been in connection
With the arrangements for the settlement of the
half-monthly account. Prices have varied to the
extent of about to per cent, Eastern Counties
and North-Eastern (Berwick) have declined ss. ;
Caledonian, 10s. ; and Lancashire and Yorkshire,
11. Midland and South-Eastern improved ss. ; Great
Northern, North-Western, North-Eastern (York),
10s., and Vale of Neath, 1/. The foreign and colonial
undertakings are at about previous quotations.
Grand Trunk of Canada, however, have declined
109. to 155., and Great Western of Canada ss.
Mining Shares are very quiet. Sortridge Con-
sols are 1 ; Great South Tolgus, 157 ; and San-
tiago de Cuba, 21.
For Joint-Stock Bank and Miscellaneous Shares
there is scarcely any inquiry. London Joint-Stock
are steady at 30 , and South Australia have de-
clined to 2911. National Discount Company are
41 to 41.

allani FUNDS THIS DAT AT ONE O'CLOCK.
( From the Official List;)

Business done.
tank stock Shut
her Cent. Reduced Annuities
" Per Cent. Consols Annuities
Ditto, ander 13000 —
_ 81000 .
ti A'sols fer Account
Ex,,hequer '3llla, 24c1.
661)
42
Saiall .. • .. • . •
VarlINS OF FOREIGN FUNDS AT ONE O'CLOCK.
lianish Bonds, 3 pet Cent., 1825 B3 4
Mexican 3 per Cent
Portuguese Bonds, 5 per Cont., Con, 1841
, Ditto 1853, :3 per Cent 4!"/
Luavian Bonds, 1522, l St., 5 per Cent llu
dinien Bonds, 5 per Cent. 91i 1
-•l3,nisli Roads, 3 per rent.
Ditto New Deferred, 3 per Cent,
bitto Account .... . 264
Tartish Bonds, 6 per cent IIIA 4
Ditto Account lOll $ i
Dividends on the above, payable in London.

TWO O'CLOCK.
Cone°lg, mon©y . 9GA
Ditto, Account

20
20
20
20

10
20
2)
20

50
20
The Portuguese government steamer Don Carlos, 25
Captain Redvatho has arrived at Black wall from Lisbon 20
with Captain White, officers and crew for the King of 100
bia 10
rtugal's new screw-frigate, Bartolomeo Diaz, in the I
25
6,4, t India Dock,, which is to convey the future Queen 25
'u esd
Portugal to Lisbon. She is expected to leave on 25
ay for Lisbon.
1.11,
IA STAL PALACE. - Half-Crown Day.—Saturday, 50
,74rch 13.—Admissions on payment, 419 ; ditto iy I 00
.son tickets, 1,477; total visitors, 1,896. 00

It vmhg. Nottniz. Host.
& Eastn. Jun 0.....
all Belfast & Ilallym.tn
all Blrmng. Wolverh .;
Stour Valley ......
100 Birkenhd. Lancsh. 6
Cheshire Junct
all Blackburn •
all Blyth & Tyue original
£25 (iss. at £45)...
100 Bristol & Exeter......
100 Caledonian....
100 rThester dr Holyheae
all Cork and Bandon....
all Cork, Black. & Pass 1
all Cornwall I
all Do. A 1
all Do, B
all DublindrßelfastJunc
all Dun. P. &Aber.Junc.l
100 East Anglian .........
100 Eastern Counties.....
1100 EasternUnion,A. elk.
100 Do., do. B
, 8} Do. New A
1 all East Kent
.•
100 East Lancashire ......
I all East Suffolk ..
lall Do. .......
100 Edinburgh & Glasgow
100 Edinb.Prth.drDunder I
all Forth and ClydeJunc.
100 Furness ... .. ........ .
100 Glasgow &S. Western
all Great N. of Scotland
1100 Great Northern
100 Do., A. Stock
100 Do. B. Stock .....
100 Gt. Sth.&West.(lre).
100 Great Western.
100 Do. Str. V. R. gua.St
all Irish South-Eastern.
all Lancaster & Carlisle.
1411 Do., Third 5............
15 Do. Now Thirds ...
100 Lancash. &Yorkshire
6 Do., do. F 116 ...
7 Do. Do., £9
i Do., Wst. Riding Un ,
all Do. Southport '
all London di Blackwall
100
Do. New, is. Si. 108.
Lon d. Bright. & S. Cs t,
10‘) London Sr N. Wester
5 Do. Eighths
100 London & S;Weatern
all Lndndrry.&Coleraine
all Lndndrry. & Ennisk.)
100 Manch.Shef.drLincln.'
1.3 Metropolitan .........
'lOO Midland
.1
!100 Do. Binning. dr Derby
all Midland G. West.(lr. )
all Do. . Shares .. ..... ..
all Newcastle Is Carlisle..
all Nowpt.A berg.&Hrfd.
9 Newry & Armagh ...
all Newry, Warrenpoint
Norfolk..
st
revor
1100
31 Northn. Counties Un
100 North British
100 'North Devon, Rail. &
Dock Stock .......
100 Do., A Stock
100 Do., B Stock
100 N.Eastern —Berwick
16i ,Do do. G.N.E.Purch.
100 Do. Leeds
[OO .Do. York
100 iNorth London .....
31.1 N. &S. Wstn., Hamp-
stead, and City Jn,.
173 North Staffordshire..
1 all North Western........
all N. &S. Westrn. Juno.
100 Oxford Worcester &
Wolverhampton.....
all Peebles
19 Portsmouth
10 "Rhymney
100 Scottish Central ....,
100 Scat. N.E.Abrdn, St,
100 (Do. Scot. Mid, Stock
100 IShropshire Union .
1 8 I Sitingboume &Sheer.
100 South Devon .....
100 South Eastern
100 South Wales
all S. Yorksh. River Due
14 Do..
all Staines,Wok.,&Wok.
all Stockton & Darling
20 Do. do., 1854
5 Do. do., 1855
165 Stockton & Hartlepl
100 Taff Vale
100 Do. Pref., No. 1
22 Thames Hay. D, &R
100. Vale of Neath.......„
100 Watorfd. & Kilkenny
all Waterford&Limerick
all West Cornwall
all West End of London
and Crystal Palace
all Do. A
all Do. B 1
all West London ...... ,
all Do. First Class
all Do. Second Class.„

111 113
26i 27§
80 82
47 49
3 2 d
354 3641
70 71.
80i 814
13 15
7 5 d
9 11
354 364

• - ...

• •

• ...

• ..... ...

6.4 -la

'--- ...

'"' •••

''..
•••

- 3i
61 - 6i

FOR:

all Antwrp &Rotterdaml
all Ardennes
3 Bahia & Francisco
all Belgian East. Junct
al 1 Beziers to Graissessae
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 Turnhout
6 Lombardo-Venetian
all Luc ca & Plat. sp. c. p.
all Lyons and Geneva
all Maria Antonia
all Do. New
all Namur & Liege
all Do. do. 6p. c. Prof
all Northern of France
8 Do. Now
all NorwegianTrnk. Frei
all Paris and Lyons
all Ditto New
all Paris and Orleans
9 Recife & San Fran.,
(Pernam.) g. 7 p. c.
1 Riga and I) unaburg
all Rome and Frucsti_
all Royal Danish
all Royal Swedish
all Do. 7 per cent
all Sambre and Meuse
all Do. 5. per cent. pref
all Southern of France
all West Flanders
all Do. 5A per c. Prd
all W. &N.W. of France
6 Western of Austria
all West. of Switzerland
all Wiesbaden
all 1)0.8 p. cent. prof.
all Zealand .. ...... • •••

JOINT-S'

"''' eee

'''' ..•

BANKS.

50 Agra & 'United Serv.
all Australasia
all Bank of Egypt
50 Bank of London
all Bri. Col. Bk.& Ln, Co
all British N. American
10 C.Bk. of Ind. Au. diCb
50 City
25 Colonial
all Coramercialof Canada
20 Commercial of Lond.
all Eng.Scot.dtAus.thit.
all 'Lon. Ch. Bk.of
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
123 Do. New
all Union of Australia
10 Do. New.
10 Union of London.,,,
50 .Unity Mutual„
50 Weatraßk of Low

-
84 - 86
224 - 22;
47 - 49

••• .. a
4 -Yi
53 - 60

17 =: igi
17 131

43 -- 45
36 -- 38
17i -18 i

46 - 48
26 - 28
23 - 25

.I••• ...... •• •
Ili .... ...d

4$
82
211
19