The Sun.
London, England, 1858-05-31 00:00:00

COMMERCIAL INTELLIGENCE

CITY, Two O'CLOCK.
The advices received from the manufacturing
districts represent business as still progressing
towards improvement, although the intervention of
the Whitsuntide holidays had in some measure
prevented an active bUsiness being entered into.
There is little change to report in the iron trade of
South Staffordshire ; it is far from active, but
there are nevertheless symptoms of improvement.
At Birmingham the various fancy trades of the dis-
trict have exhibited less change; thereis less business,
however, going on. At Sheffield business has been
quiet, owing to the holidays. At Wolverhampton
the saddlers' ironmongery trade is active, owing
to the completion of orders for the Eastlndia Com-
pany. Business at Leeds has been limited ; the
tone of trade, however, is firm, and the operatives
generally are finding full employment. At Hud-
dersfield most of the manufacturers are receiving
full time, and there is a good inquiry for goods for
the autumn and winter. The hosiery trade at Lei-
cester has been steady ; a rather better demand
has sprung up for goods for exportation, but the
41i118 in most instances are working short time.
The lace trade at Nottingham has been dull, but
a few shipping orders have been given. Manu-
facturers still keep stocks very low. There have
been but few buyers for the American marketg,
and operations have been on a very limited scale.
The Liverpool Cotton Market on Saturday closed
heavily, and prices of all descriptions were un-
altered. The sales were estimated at 4,000 bales.
In the Railway Share Market there was no anima-
tion, and quotations tended downwards.
The Public sales of Foreign and Colonial Wool,
Which commenced on the 29th April, closed on
Saturday. The amount offered for competition
Was about 58,316 bales Colonial, and 839 bales
Sundries, together 59,155 bales. The attendance
of. home buyers during the series was good, but
there were very few foreigners present. At the
commencement prices went at a decline of about
lid. to 2d. per lb, on the rates realised at the last
February sales, but towards the close a better feel-
ing was manifested, and prices were rather firmer,
More particularly for the fine qualities of Port
Philip and Sydney wools. Some large parcels of
tnglish, together with East India and low wools,
Will be sold during the next three days.
The advices received from America to-day, re-
Port a further slight advance in the rate of ex-
change upon London. Remittances of specie may
consequently be anticipated. The Europa, the
vessel by which these accounts were conveyed, has
brought a small amount of gold, viz., 80,0001.,
and a further supply of the precious metals is also
announced to-day, viz., 185,0001., by La Plata,
from the West Indies.
There is still a very limited demand for discount
accommodation, but in consequence of numerous
Payments having to be made during the next few
Weeks, the general inquiry is likely to become more
animated. Several instalments are becoming du
in connection with loans, and these will, no doubt,
temporarily give increased employment to late dis-
cotinters and others engaged in similar transac-
tions.

At the half-yearly meeting of the Trust and
Loan Company, Upper Canada, to-day, a favour-
able report was read, showing a net profit of 9,8711.
hem the half-year's transactions. A dividend, at
the rate of 7 per cent. per annum was agreed to,
and the report was adopted.
The Brazilian Loan has been allotted to-day, in
the proportion of one-fifth of the amounts applied
for, showing that the sum subscribed must have
been equivalent to seven and a half millions
sterling.
A. reduction of per cent. has been made in the
interest on French Treasury Bonds,
The resources of the Bank of France continue to
4ceuraulate, and it is thought that the terms of
discount will be lowered in the space of a few
Weeks.

The market for English Securities has partly re- I
covered from the unfavourable influence of the ex-
tensive sales effected on Saturday. Business is not
lerY active, but there is a better feeling, and the i
4dvices from America, respecting the indignation
caused by the proceedings of the British cruisers in
,
auppression of the slave trade, have not exerted
:11 unfavourable influence upn values. Consols
for money have risen to 971, and for the July I
Itecount 97k. They are now 97f and 971
98 respectively. The New Three per Cents. are I
Cents.,
i; the Reduced, 96i ; the New 2i per
'bents., 8 ; and India Debentures, 991 ; Bank
stock is 219 ; and India ditto, 221 to 223.
Foreign Stocks are very quiet, but without much
variation. Turkish 6 per Cents. are marked 96,
Ding now 961 ; Sardinian 5 per Cents. 921 ; 1,
OM 2i per Cents., 66 ; Peruvian 44 per Cents.
84 ; and Brazilian, 1011 to 1021. The New Bra-
41lian Loan is 1 prem.
• There has been a moderate business transacted
this morning in the Railway Share Market, and
Nees have not exhibited much fluctuation. Cale-
-40/liana, Lancashire and Yorkshire, and Midlands 11
declined 5s ; and North Eastern (Berwick) 15s. ii
Great Northern, Great Western, North-Western, b
and South-Western, improved about 2s. The Fo-
teigu aril Colonial lines are flat. Grand Trunk
Of Canada have declined 10s., and Great Western
Of Canada, ss.
•Joint-Stock Bank shares are a shade lower.
t?l'lental Bank, ex div., have declined 11., Lou-
°ll and Westminster 55., and London and County -

Lln the Miscellaneous Market Electric Telegraph
tee recedlsBed 10s., and Peninsular and Oriental
'eEtta .

iIItITISII FUNDS.—CLOSING PRICES—THIS DAY
8 (From 'the o.ll7ciai List:)
844 k Stock 219
8 I)" Cent. Reduced Annuities 96i 1 $
IPer Cent. Consols Annuities 971 a 4 i '
owa per Cent. Annuities
1.12 W 2i per Cent. Annuities Bl
-.1,1 Annuities (Exp. sth Jan., 1860) —
I. uitto 30 Years, expire sth April, 1885 lBa i
4iia Stock
India Loan Debentures 99i 4
.i. Ditto Scrip
44dia Bonds. £lOOO
n Ditto' under £lOOO lB 22
n..). for Account
.1 'l4chlquer BSli, 20. March. June.
£lOOO ... ... 34 5 I
Small 35
Ditto Advertised IA. l5 18
, PRICES OF FOREIGN FUNDS—THIS DAY.
''graknan 6 per Cent.
bitto Account lO2l
ittenos to 1852, 41 per Cent.
" A
831
DaAyres Bonds, 6 per Cent.
. lush Bonds, 3 pet Cent., 1825 B2 31
BtLitto 5 per Cent lO2
:facan 3 per Cent —
1,440 Account 2Ol
ih
eruvian Bond% 44 per Cent B7l
'"itte 3 per Cent.
IP•0‘"tto Account
4„._llneuese Bonds, 3 per Cent., 1853 ...... 46A
tt-'"ian Bonds, 1522, £ St., 5 per Cent.... 11i
1, rdinian Bonis, 5 per Cent.
ttrihh Bonds, 6 err cent
bitto Account P
$e Dividends on the above payable in London.
Ili ail- 24 per Cent., ex. 25 francs
.._
b tto 41 per Cent 971
~.tb Exchange. 2i per Cent., 12 Guilders 66
-`47lan Dollar Bonds, 41 per Cent. 67

2 121tEB O'Cr OCK.
Consols, money 97
Console account (June 3) 97i i f

j3iThe Prince of Leiningen, who is to be married to the
13-144„°e88 Marie of Baden, has contracted to secure to the
Of ,0 an income of 2,0001. a year from the revenues
)P-" duchy, a st ttlement which must be considered as
IP liberal, considering the many claims on the Grand
l
t ,4„ke and the amount of dower which even the daugh.
Le of continental monarchs are sometimes obliged to
contented with.
ti44l Cabinet Council was held on Saturday at the offi
1) residence of the Chancellor of the Exchequer,
in
Illo:laulg.street. The Ministers present were—The
6alle °f Derby, the Lord Chancellor, the Marquis of
le
VirY, the Earl of Hardwicke, the Chancellor of t 8
he
rjel,cor, Mr. Walpole, the Earl of Malmesbury,
cute Stanley, General Peel, the Right Hon. J. W.
Ta..Y, and Lord J. Manners.
aq a QUEEN AND PROFESSOR FARADAY, —Her Maje.ty,
title n'at k of her appreciation of the distinguished some.
".cicirements of Professor Faraday has presented
tioenim Tith a residence at Hampton-court, and, as an addl.
to mark of her Alajesty's favour, she has been plea-e.d
to 'ye directions that Professor Faraday's residence is
4eoaluraiahed at her Majesty's expense. This is the
the th 4 tribute of Royal respect to the sciences allied to
fesoPrrofession of medicine • the first being that of Pro-
°Wen; the Cuvier of England.