The Sun.
London, England, 1858-07-09 00:00:00

DION.T.Y

7"A 77
7 T
4
in 4.6 .I.IJ

D
COMIWER I
CI:4,T, INTELLIGEN

CITY, Two O'CLOCK.
In the Foreign and Colonial Produce Markets,
during the last day oe two, business has been ra-
ther more active. At the public sales of lea a large
quantity was offered for public concpetition, but
only a small amount was sold at about last sales'
rates. Sugar has been in moderate demand, par-
ticularly the good grocery qualities, the prices of
which have been well supported. In the Refined
Market, however, business has been very quiet, and
slightly reduced rates are now current. For coffee

there has been a moderate inquiry, 'good qualities
of Plantation Ceylon realising full rates.. Native
sold well, and other descriptions were dealt in to a
moderate extent. The demand for rice for exporta-
tion has been very active, and some large sales have
been effected. Prices, however, have declined
about 3d. per cwt. Saltpetre has been at st•>ady
quotations, and tallow is dull, P.Y. C., on the spot,
Is quoted 495. 6d. ; July to September, 495. 3d. ;
and last three months, 495. 61 to 495. 9d. per
cwt.

Letters from Liverpool mention that the Cotton
Market yesterday closed steadily, and prices were
fully maintained. The sales were estimated. at
6,000 bales, 500 of which were taken en speculation,
and 500 for export. The Railway Share Market
presented a quiet appearance, and values of all the
leading lines were without alteration.
A continuous drain of gold from the Bank, even
although the amounts da.ly withdrawn may be
]invited, generally attracts attention, and causes
2,oera anxiety. At present, however, the move-
Ment,which is of a character j u-t mentioned, creates
little if any
uneasiness ; firstly, because the stock
of bullion is excessive, and secondly, in consequence
of its being known that about a million and a
quarter sterling is comieg forward from Australia,
and that it will probably arrive within a few weeks.
Yesterday the quantity taken away was 32,0001.,
and there can be no doubt the remittances are for
some special purpose, and not for the ordinary
purchase of silver, or as an exchange operation.
Discount accommodation, which is in limited
demand, can now be obtained at extremely low
rates. The market is again plethoric and easy, and
the payment of the dividends already seems to have
exerted an influence. It would not excite surprise
if, instead of a rise in the minimum, such as was
adverted to a few days ago, a reduction should
shortly form a point for discussion. A change eitoer
way, however, seems improbable at present, for t he
requirements of trade and other purposes are too
limited to reproduce stringency ; and with regard
to increased facilities the Bank authorities, by their
recent policy, have shown an intention not to force
money to too low a point.
It is satisfactory to notice the ceufidence expressed
in the letters from the manufacturing districts with
reference to future prospects. A change for the
better already seems to have taken place ; the
effects of the late crisis are slowly disappearing, and
it is believed that during the autumn a further de-
cided step towards recovery will b 4 witnrs,,c(l. In
Fran2e, '6J°, CaerJ a c niark;.:a ientuatiens of a re-
suscitation ; the letters from Paris, Lyons, Rouen,
and Marseilles being decidedly more cheerful in
tone.

The French Funds continue to advance, and the
rise during the last fortuight has been fully 1 per
Cent. This is a satisfactory feature ; for if the
movement should continue it will assist in dispersing
the uncomfortable degree of langour which has
lately pervaded the Bourse, as well as other de-
partments of business.

The usual return of the Bank of France for the
past month has been published to-day, and shows
some rather favourable features. Tee bullion has
been increased to the extent of 702,753/., the total
being 21,118,2791. Tee bills discounted have
amounted to 15,740,2051., abowing an augmenta-
tion of 1,761,298/., and the advances on Riilway
Securities have been diminished to the extent of
322,9581. In the note circulation there is an in-
crease of 1,895,576/., the total being 25,317,511/.
In the market for English Securities to-day the
transactions actions have been unmet% us, and the quota-
tappear steady. No variation of importance
b°ll' Sae ereourrett, and as the transfer books do not
re °Pen to the general public until the 16th, the
Market receives very little support from bona fide
transactions. Consols have been 95i for money,
and 95 for August. The New Threes are
"Z ; and the Reduced, 95i; ; Bank Stock is 221
to 222 ; and India ditto, 219 ; India Debentures
are MI
India Bonds, 16s. to 21e. prem. ; the
March Exchequer Bills, 333. ; and ditto June, 19s.
to 225. prem.
In the Foreign Stock Market a fair amount of
business has been transacted, but prices exhibit a
downward tendency. Turkish 6 per Cents. are 95i ;
ditto 4 per Cents., 1042-a ; Buenos Ayres 6 per
Cents., 83 ; Guatemala 5 per Cents., Kt 7 ; Peru-
vian 44 per Cents., 89; ditto 44 per Cents., Uri-
barren Bonds, 75 ; Russian 4 per Cents., 99- ;
Sardinian 5 per Cents., 89i ; Spanish 3 per Cents.,
431 ; ditto Deferred, 2745 ; and ditto Certificates,
5 ; Brazilian Scrip is to discount.
In the Railway Share Market this day the
transactions have been very moderate. Prices,
however, have in most instances exhibited an im-
provement. Caledonian have advanced 1/. to 1/.
10s. ; Great Northern, Great Western, and North-
Western, 1/. ; Midland, North-Eastern (Berwick),
and North-Eastern (York), 10s. ; and Lancashire
and Yorkshire, ss. Eastern Counties have declined
10s., and Scottish Central 10s. The Foreign and
Colonial lines have also been at advanced values.
Paris and Lyons have improved Zis. ; Grand Trunk
of Canada, :15.

Mines, Banks, and Miscellaneous Shares have
been exceedingiy quiet, and there aro no variations
of importance.

PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
(From the Official Ltd:) .
Balk Stock
,Three per Cont. Reduced Annuities 95„ /
$I" ~• • ••,11,3 .1.. gennitiee 9,5 i
New Three per Cent. Annuities
India Stock
India Loan Debentures .
99a
e1:074
fTrhter E l
Di bonds, £lOOO .. _ 2O
1G
Account
xenequerßiils March. June.
£lOOO
.............. ..
£5OO
........ .. 33 1201919 22
... ‘ 99 19
Small ....... . •... ................. ...
I ".'
Exchequer Bonds ...... 3. per Cent. __
Ditto, 18591001 li
BRITISH FUNDS THIS DAY AT ONE ktoLOCK.
nuenos Ayres Bonds, 6 per Cent. -
Ditto Account
Guatemala Bonds, 5 per cent 5O
i 7
Peruvian Bonds, ,P, per °cut
re B9
;
Ditto ACCOUTIt
Ditto 4i par Cent. Ihriban 75
Russian, 1822, £ St., 5 per Cent
Ditto 4,1 per Cent
99:1
Sardinian '5 per Cent
Stl‘iii.h Ltoakts, 'it per Cont. .. 894'..'i
I) ito New Deferred 3 ......
'
Ditto Account ... ' .Per • Cent.
- -
Spanish Cert. of 0.:,1717 i,4 ....... ..... . i
Turkish Bonds, 6 per'6,iii. ------L
Ditto Guaranteed 4 p,e
~..•eii—t:
Ditto Accnouivinta,en,a: .
,;;tz.4;
. • ........ .
°Va Payable In London.

Consols, money ................. .... 051 TWO 0101.0( K.
Ditto August account ...........
...........

MR. HENRY WATT, THE ENGLISH ENGINEER.—Mr.
00-Tlue, has received
William Newton, of Newcastle-
), letter from Mr. George Ridley, M. P , stating that the
compensation award d by the Neaplitan Gover,nient
to the English engineers is
11 be eettlad ag now reit,'y for PaYincw, and
a hope is txpresseil that lie tuattn- 'f!'
Ipeeritly as possible. It is proposed to invest the 1,500/.
nue t, Mr. Henry Watt in the Larne ,if two trustees,
'lle ;of them local, and the other the S cretary of the
Treasury for the time beiPg, as during the lastn
not touch, if any, improvement has tal:en place in the
ionth
poor fell m's health, and it is probable that be may have
nothing else to depend upon for supp,rt.
THUNDERSTORSI—Yesterday afternoon the metropolis
aid its environs were visited by a thunderstorm The
morning was close and oppre,kive, and about 2 o'clock
the rumbling of distant thunder was beard, which gra'
dually cam
~, e nearer ; the lightning was incessant, and
flashed vividly, while the thunder roiled in crashing
peals. At half-past 3 o'clock a terrible peal followed a
vivid flash of forked lightninz, and rain fell in torrents.
Ga
_ I'HE L.OCOIIOTIVE EXPLOSI)N AT MANCHESTER.—Mr.
jewski, the engineer badly
of a locomotive engine,
esterda scalded by the explosion
at Manchester, last Friday, died
y, making
nine deaths from this lamentable
oocurreosir.