The Sun.
London, England, 1858-09-27 00:00:00

M O.2VE Y MA

RKET

lITY NEWS.

CITY, Two O'CLOCK.
The accounts received from the various manu•
facturing districts mention that business during the
past week has been steady, with slight symptoms
of improvement in many of the leading branches.
In the iron trade of South Staffordshire there has
been little alteration of importance. In the
orders from the United States there has
been some improvement, but the -demand
for home consumption still continues on a very
limited scale. At Birmingham the various branches
of business connected with the district had exhi-
bited little animation, and the fancy button and
jewellery trades have been particularly quiet. A
steady amount of business has been done at Man-
chester in most kinds of cloths fit for home use, but
the inquiry for the Indian and German markets had
slightly fallen off. Manufacturers, however, were
busy upon contracts, and prices for both goods and
yarns are fully supported. The woollen cloth
trade at Leeds still continues extremely active, a
rat her large amount of business having been done in
both heavy and light fabrics, and in the warehouses
and cloth halls there has been much activity. The
manufacturers and spinners of the neighbourhood
are working full time, and the operatives are well
employed. The worsted trade of Bradford con-
tinued steady. Owing to the high rates ruling'
for wool prices had an upward tendency, and
advanced rates in several instances had been current
for piece goods. At Leicester the hosiery trade was
active. Yarns were firm, and wools had an upward
tendency in value. The various hardware trades
of Sheffield, Wolverhampton, and the adjoining
neighbourhood had been only moderately active,
and prices remained unaltered.
The Liverpool Cotton Market on Saturday closed
firmly, and prices were unaltered. The sales were
estimated at 8,000 bales. In the Railway Share
Market a fair amount of business was done, and
quotations slightly improved.
There is no change to record in the general state
of the Money Market,. It continues remarkably
easy, and the terms, although ranging as low as
21 and 21 per cent., still tend downwards. If, as
anticipated, the minimum is reduced to 22 per
cent., accommodation may soon be obtainable at 2
per cent. As the available
.sapplics in the hands
of the bankers and discount houses are ex-
cessive, competition will force the current rates
in the open market a fraction under the
official quotation. This state of things will be
maintained until trade revives, or some new outlet
is provided for the free circulation of capital. It
is not for a moment supposed that the accumula-
tion will go on much longer without stimulating
some kind of enterprise, although at present no
desire is shown to embark in wild speculation. On
the contrary, the utmost prudence is exercised in
the selection of investments, and no support
seems likely to be given to new undertakings un-
less of the highest order. In the course of a few
weeks; however, when a large ,number of small
capitalists will return to town, the tendency of
affairs in this respect will be more accurately ascer-
tained. Confidence is evidently gaining ground,
and it appears anomalous that money should be
kept idle in the banks and other places, on
deposit at nominal rates of interest, when
there are so many safe and remunerative securities
now offering in the market, at quotations quite
incompatible with the satisfactory dividends which
they regularly return. It is generally supposed
that they will soon become in increased favour, for
the public are now more reluctant to enter into
new enterprises than for many years past.
The rate of exchange at New York on London Blythe ynelo per
has risen to 1094 110, and, as the Africa has c.,pref. (issued at £5O)
Stk Eris. & Exet.4p.ct.Stock
brought £134,000, increased remittances are now 420 • Do. do. do:Shares
expected to arrive. On the 13th inst. the stock of stock c el.c4loulairZlSOlialercNoen2t
bullion at the banks in that city was £5,612,000. Stock Chester & llolyhd, 51 pc
o. do. 5 et.
The absence of Australian vessels has checked Stock
cD kt Cork & Banp. don, 51 p. c.
the influx of gold at the Bank, but, as several are stol
Dim.PerAa&ssAr7rtisipno.
now overdne, it will no doubt be speedily resumed. grcoctro: do.o Baaess .;
The market for English Securities to-day has Stock E. Corti). Ex. 5 pet. No—.l
been very buoyant. It opened at a slight advance, Stock Do.
143ew 6 per et. Stock
with an improving tendency ; but shortly after- Stock• Eastern Union, 4 per ct.
Stock East Lanc. 6 per ct.
wards the Government broker purchased £16,000 ii E.& W. York. Jon. fifths
stock, ani a fresh stimulus was given to the upward Zocjet tdlinn:PeGrltlisks
pc shares
Stock Furness, 5 per cent ....
movement. Consols have been 97,a I for money,
and 971 ~77 for the account. The March Exchequer Stock• lfilrea.fflortreting, 5a1)5.1g:
BillA arc marked 365. prem. ; and the June ditto, glococt'Do: 5441)f).Rce.dcion."trol.lc.P111-
245. to 275. prem. India Debentures have risen 100 Do.sp.e. Redm.,s pc. pm.
10 Gt. Nli. of Seotld, Ist pt.
to 98:4 99. Gt. Sn.& W (Ireland) 4
A large business has been transacted in the
Stock ct.
WisTefilte
stockr
50 Ur eat
and
Foreign Stock Market, and prices have generally
Stock iDollretdeeEmxata.Pieit.
improved. The principal movement has been in Stock Do. Redeemable, 4 pp. ct.
the Turkish scrip. which has risen to par and St Stock
• e.
premium. 8 Do. Birm. Pref. Shares
The original 6 per Cents. are 96i, 97, and the 10 Gt.
s W est. Ches. 8 p.c.pf
hares
6 per Cents. 1044 a. Spanish Bonds are rather Stock
13,0olior.mq.0..cgt.uparrefstock
flat, the 3 per Cents. being 464, ; the Deferred, / Do.. gheiltoerguar.shares
294, ; the Passive; 111 ; and the Certificates 54. 20 Do. do. do.
Stockoo koann..starkspc6 Peruvian Bonds are also heavy, the 41 per Cents. p.c. stock
951, ; the Urribarren, 791; ditto 3 per Cents., 71 ; Stock Do. pref., 5.p. c; ...No. 2
N
Brazilian 41 per Cents. (1851) were 96a, 1 •
Stock Do. ew gua., 6p. ct
. Stock Do. do. 5 p. c. No. 4
The following is from the Committee of Spanish- Stock LoenaotnN.SWp.Cecr.&Nun-
American Bondholders relative to affairs in Vene- Stock Lon.&S. W, 7p.ct. stock,
zuela :—" The committee have this day received 14 Lolantio3dndyshrCole, 1 shs.
advises from Mr. Mocatta, dated La Guayra, 28th 121 Londondy.& Ennis 1 sh.
~Sh., & Lin., Op. ct.
August, via New York, in which he states St 6
oc k
Do3lan. £6
that, through the intervention of Mr. Orme, stl92? Vloa.ry3l3Ztr cent.a r., 4 p.c
the differences between the English, French, 1.241 Do.
4 per cent
cr.] sp.
pref.
1.3.18 r .t6zi
stock
and Venezuelan Governments have been adjusted Stop k-` greocli p. c.. Stock
on terms alike honourable to all, and that rejoicings
Stock Roo: ogaptirlelflBa6to
were then going forward. General Castro had Stock Do. 41
arrived on that day to ratify these arrangements, 101 Newport,Aber,&c. pref.s
and on the 30th they were all to go up to Carae,as. 10 ii)o..c.l'ecdrpeeeitnltps. p. e•
m.-14
Mr. Mocatta trusts that he will now be able to option till 1866
10 Norfolk Deb. 4 p.c. shares
proceed with his mission favourably, in which he Stock Do. sr. c. Ext.Stock,lB46
will be supported by Mr. Orme, who has already r1,E°0:54,..ri-I:llf..d.alfs+l;
won golden opinions. Stock North British, spercent
Stock Do. New, mita. 5 percent
The Railway Share Market this morning has Stock Nth.Dev.ltail.&Dek.Co.
exhibited signs of improvement, the advance in Stocky ilo-E.lstr.„l-07d.44pp .cc.. I?reef.
most of the principal lines being about Ito 1 per 17 Do.
do. do.
No.
cent. Manchester, Sheffield, and Lincoln, Mid- iceji koe.e4istiatrtres,
land, and South-Eastern have improved 5s ; and 20 1400rAols.ifijrio. r3ci 81; tLurch:
South-Western and North British, 10s. ; Great stock
;Izo.w2l.,Brri'lmt.g
Stock Do. do. Northern, Lancashire and Yorkshire, Brighton, Stock Do. 41 p.c. Db. sck.in perp
as enrenwd
and North-Eastern (York) declined about ss. The StcBl Scottishots Central,. pr
eb
Foreign lines have been very dull, at about previ- Scottish}} t-
stoc°eit prof.oereueeeniso6;ck
ous quotations. In the Colonial Market Grand Stock Do. 7p. c. pref. stock.
Trunk of Canada declined £l, and Great Western los. South Devon, Ann. 10s.
10 Do. Fixed 41 per cent.
of Canada improved 4. East Indian and Great 1.0.6. South Eastern (Reading
Indian Peninsula have been at about former Stock lionon.4lPoer6.e),ent
values. Stock Do. Fixed 4i p.c. Ist is
Stock Do. New do., 2d issue
Joint-Stock Bank Shares show a downward move- stock South Wales, gut. 4 p.c
Stock Do p
er cent
meat in prices. Bank of Australasia declined 10s.; 20 S'.-YO 41
rksliire, 4 p.c. gaa ,
London and Westminster, ss. Ottoman Bank im- 25) Stecktsn and Dar. 5 p.c
25 Do. 6 per cent
proved ss. Stock waterford & Kilkenny,
In the Miscellaneous Market Atlantic Telegraph 6 per cent.
have been dealt in at 311 to 315. Peninsular and
Oriental Steam have improved to 86, and Royal
Mail Steam arc 61.

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LINES LEASED AT ru:

Railways. Paid. Leasin
Co.'s.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
3 per Cent. Consols Annuities
India Stock

Ditto Debentures 9B& 9
Ditto ditto, 2d Issue
Ditto Bonds, £l,OOO
Consols for Account -

March June.
Exchequer Bills, £l,OOO, 2d. &lid... 34 I 27 4
Ditto £5OO, 34 I
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian, 5 per Cent —
Ditto 1858, 41 per Cent. 96f I
Mexican 3 per Cent 2l i
Peruvian, 41 per Cent.
Ditto (Uribarren), 4f per Cent.
Ditto 3 per Cent. 7l
Portuguese, 1853, 3 per Cent.
Russian, 1822, St., 5 per Cent lll
Ditto 41 per Cent,
Spanish 3 per Cent.
Ditto New Defeired, 3 per Cent 29' i
Ditto Passive
Spanish Cora Cert. of Coup, not funded s-
h 6 per Cent.
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto New Loan Scrip par d
Dividends on the above payable in London,
Dutch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Cent.
TWO O'CLOCK.
Consols, Money. 97
Ditto Account 97

OTTOMAN RAILWAY COMPANY.—The first half-
yearly meeting of the Ottoman Railway Company took
place to-day, Sir M. Stephenson in -the chair. The report
briefly stated that the line and works, with rolling stock,
had been contracted for a total sum of £1,030,000. The
contractor had commenced the works in December last, and
was proceeding with en_eTy. In the accounts it appeared
that £142,147 18s. id. had been received, which, after the
expenditure, left a balance of £29,213 13s. 10d. The report
WV adopted,

MARKET.--(THIS DA r) .

ED RENTALS.

86f 6
34

Closing Business
Price. Done.

Bedford and Bletchley' all Ln & NMI -
Buckinghamshire 100 Ln &N. W 99 100
Clydesdale Junction 100 Caledoninilo2 104
Colch-ster, Stow. Val all E.U.*E C' 16 18 '
E.Lincolnshirej.r.6p.c 100 Gt. North. 143 145
E linion,HarwieliSlis all E.Counts. 4 44
Do. Woodbridge . 100 -
Gls.Barr.&Neils,Drci. 100 Caledonin
Do. New ..... ~ . . 100 Do. — f
Gloster& Dean F.7l.es. t all Gt. West.
Hartlpool.Dck.&-Rail. all Yk.N.&Br
Hull and Selby
Do. 4 Shares all Do. —
Do. 1 Shares all Do. —
London&Greenwich
Do. Preference .... .
Lon.,Tilby.&Soutend. 100 Peto &Co 94 96
Do. Barking Shares.' all Do. —
Lowestoft, gua. 4p. et. 100 Norfolk
Do. 6 per cent lOO Do. —
Mane., Iluxtn. & Matk all LN W&M 24 21
Midsb.& Redcr, g.6p.c all Stk.& Dar - -
5. 5. 6..F.Counts 1 i p
Mid. BradfordPrf. Stk. 100 Midland . 96 98
N eNv
guaranteedt nark t. , l 3 usr ypE.
c.x 1 , .
Northn.& Eastn. 5 p.c. all I Do.
Do. do. 6 per cent. ... all 1110.
Do. Fixed 5 per cent. all Do _ _
Preston and Wyre. { all L&
& Lsk. _
Do. i Shares ....,.A. all Do.
Roystn,lfitch., Shcp 100 Gt. North 139 141 110
Shtßoth.&Gol.g.sp.e. 18 116 Lan.& Yk
Shrowsbry& Hereford all T Brassey 9 94
South Staffordshire .. all M'Clcan -. 94- 10k
Wear Valley, g. 6p. c. all Stk.& Dar
Do. do.
Wilts and Somerset lOO 'Gt. West. 90 92
Wimbledon& Croydn all L.&Brgtn 8 9
DOCKS.
Share Docks.
I paid I Closing Business
Price. Dodo'.
Stock Commercial lOO
Stock Do 4 per Cent .Pref. Min lOO
Stock East and West India lOO
Stock London lOO
Stock St. Katharine lOO
Stock Southampton lOO
Stock Victoria
20 Do New , •.1! 16 id }pl