The Sun.
London, England, 1858-06-14 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.

The advicea received this morning from most m
the manufacturing districts state that very little
alteration has taken place in the general state of
trade. At Birmingham the iron trade has been
very quiet, the recent sales of insolvents' stocks
having produced a depreciatory effect upon prices.
The fancy trades of the district are very quiet.
• - At Manchester the market has been languid,
and the tendency of prices has been in buy-
ers' favour ; business in yarns has been very
quiet, and the aggregate operations of the week
hi most departments hate been inconsiderable. At
Bradford the demand for piece goods had been
extremely limited. A few German houses had
Purchased to a moderate extent, but not on a suffi-
cient scale to influence the market. In the Woollen
Cloth trade at Leeds there is littlelalteration to
'Vert ; the manufacturers are moderately em-
ployed, and some inquiries had been made for
goods suitable for the autumn. The Hosiery
trade of Leicester continues dull, and the
wool market inactive. At Nottingham the Lace
trade has shown a slight improvement, and
Purchases to some extent have been made for the
American markets. The hardware trades of Shef-
geld and Wolverhampton have been very quiet.
At Walsall rather more business was doing in the
tie and japan trades, but there is no change of
hnportance.
Letters from Liverpool report that the Cotton
Market on Saturday closed steadily, and prices of
all descriptions were unaltered. The sales were
estimated 7,800 bales, 1,500 of which were taken by
the speculators, and 500 by the exporters. The 3
4tailway Share Market presented a quiet appear 20
-
44ee, and only a limited business was transacted, 11.1
at former quotations. et.
A decided increase has taken place in the general se.
124
demand for discount accommodation, and the cur- sse-
rent terms in the open market have slightly ad-
lmeed. The requirements of trade are larger, and st.
a considerable amount of capital has been also 10
absorbed for loan and other purposes ;it is now ex- Et
l'eeted that the inquiry will expand, and the result, sso
ill that case, would be a further rise in the rate of M
discount. Money can still be obtained at 21 1
per 25
tent., and the supply is liberal, but the tendency 10
Al less favourable than it has been for some months 20
pet. There is no probability of any pressure being
eh this year, because the improvement in corn-
ree must be very gradual, and speculation being
atifctive, a comparatively small supply of capital
*ill suffice for that purpose.
A large influx of specie has been announced to-
-2;l, vie.,67,591/. by the Tyne, from the Brazils,
131h7451. by the Alhambra, from Gibraltar, 22,600/.
by
the Niagara, from the United States, and
47',200/, by the Atrato, from the West Indies.
t. el. special general meeting of the Eastern Coun-
tbtets Railway Company has been held this day, when
sanotion of the proprietors was given by the
11:73d company, to abandon portion of the New-
'pa:kat Railway, and also a railway to the River
"
tnies, at Galleons Reach;'also for amalgamating
h the East Suffolk, the Yarmouth and Had-
'l:oe, and the Lowestoft and Beccles Railway
antes; and thirdly, to enable the Waveney
Iley Railway Company to alter their line
17t4reen Bungay and Beccles, and for other pur-
t:Pk's. The resolutions passed were necessary prior
thae bills being introduced to the Rouse of Lords.
he annual meeting of the Bank of Australasia
te 4a held to-day, when a favourable report was
I,qt, showing a net profit for the year 1857 of
h'ln6o4/. 15s. 11d. The balance to the credit of
1911,Ltit and loss on the 12th October, 1857, was
it:e 3821. 13s. 4d. From this the April dividend
at:.: bonus were declared for the current year,
014°' tinting to 90,0001.; and the directors now de-
ll rd the ensuing dividend and bonus in October,
at ts
le same rate of 20 per cent. per annum. It was
irlat:Jci that the colony was progressing, and that
alt ;effects of the late monetary crisis had been but
Ottly felt in Australia. A new feature in bank-
ott'l; had been introduced—namely, the allowance
Merest to customers, which would affect the
Ints of the bank in future. The report was
aPted unanimously.
ttli.irlie market for English Stocks is in a most
ihieseent state. There is scarcely anything doing,
ont 'The prices are nevertheless firmer, not only for
ife,enols but for most other descriptions of securi-
-11:( Consols have been 96 to 96k. The New
leees are 96 to 96k. The Reduced 96i *. The
th 4th Exchequer Bills, 325. to 365. preen., and
1',,330nd5, 1001 101.
4,441tz the Foreign Market there is an absence of
T,siblation, and the quotations were stationary.
'tkish 6 per Cents. are 95i ; Do. 4 per Cents., ake
4„,‘ ; Sardinian, 9d ; Spanish 3 per Cents., ;
Brazilian Scrip, par to prem.
pi
has been a moderate business done to-day
Ili the Railway Share Mar ket, and prices have
Jetly improved. Great Northern, North-East-
I (Berwick), advanced SE. ; North-Western,
Zetern Counties, Caledonian, and Midland, 10s. ;
1-i1:1 Great Western and South-Western 1/. Edin-
tb and Glasgow and South-Eastern declined ss.
et foreign and colonial lines were moderately
Lombardo-Venetian improved 103., Namur
Liege ss. ; Pernambuco declined 55., East In-
-4 receded 55., Grand Trunk of Canada 155., and
Indian Peninsula improved ss.
t tilling Shares have been in fair request. Alfred
"l'eels realise' 10i ; Par Consols, 19i ; Wheal
A :elett, 251 ; Wheal Trelawney 24 ; and Bun
Te°rd. Copper, lf.
td °r Joint-stock, Bank, and Miscellaneous shares
pi ere was a limited demand. Colonial Bank im-
ti °l'ed 10s., and London and Westminster ss.
11(1°11 Chartered of Australasia dcclined ss.
insular and Oriental Steam are steady at 81,
"Ileda, Land at 125, and Crystal Palace Ig.

10
20
10
St.
St.

20i
100
100

1)
t '
Jiti,r,l:...
13H FENDS THIS DAY AT ONE U'Ci OCK.
1;, (Prom the Oiftestl List;)
I.lOr
t Cent Reduced t,t 17 ~ • Annnitics... ........ 93 j i
oql . Per Cent. Annuitics 96i G
ek'
_viii for Account
"'Auer Dina' Z. 9id '
March. June.
ttoeo
32 36 I
% rohequer Bonds, 1858,:;:i per Co"nt —
pi, dtto, 1.139
ttp,‘ CICS OF FOREIGN FUNDS AT ONE O'CLOCK.
t '-clan 5 per Cent.
P,,,t1 ltto 1858, 4. per Cont. Scrip Ap ip par
!Ines° Bonds, 3 per Ceut., 1853
21,4 'wan Bones, per Cunt... 9O
tkti ~.,ti.l3
Bonds.
36 sper Cent.
tiCii
t4t: 13 per cmt. ... 9.5$ 1
Guaranteed, 4 per Cent... 1044.
Dividends on:the:above payable in London.
TWO O'CIA it K.
Consols for account
..----
0 -

~e ir;ti LATE MAJOR-GENERAL PENNY.—M jor-General
°A3 Penny .r t, C.B whose death is confirmed by the
ci
telegram, succeeded to the command lately held by
dal Wilson. He wadi an officer of great Indian an-
-14 ent9, and must have been nearly 66 years of age,
much as we find that he entered the Indian army as
,?" in 1807. He served with distinction in the Ne-
vb.
Lind Mabratta wars under the Marquis of Hastings,
Ne Bhurtpore in 1825. He also held a command in
4 ~ tatlej campaign,
in which he played a distinguished
sitmore especially at Aliwal and Sobraon, where he
)14
~Iveunded, and for which he received a medal and
_44 and his advancement to the Companionship of the
Ittie t
StBe also. served in the Sikh campaigns, was pre-
, tJhillianwallah and Goejerat, and was frequently
°._llEd in high terms of praise in the despatches of
)4i:Tugh Gough and Sir Harry Smith, as well as by
4 'ate distinguished officer, Sir W. R. Gilbert, K.C. 8.,
10%
ei,_° ably supported in the pursuit of the Affghana
t ieritu'lls after the decisive battle of Chillianwallah.
t •514',3 the last few years Major-General Penny had
et, it!,le command of troops at Lahore, Sinsaugcr, Seal-
-1 aqfawnpore, and other important posts,
R° tiLOT EATEN BY RIS OWN PIGS —An evezaing or
ire lee Mr. Isaac Love, of Bradford-on-Avon, marine
eztur!sler, lett Lis home f tr. the purpose of going to
) 144 - en, about a quarter of a mile distant, where he
iturtiveral styes of pigs. His wife, finding he did not
bent to the garden in search of him, and not
hem, further search was made, but to no effect.
oy:or/ling- his son went to the garden, and on look,
tilerve,„une of the styes, containing nine small pigs,
bt) t_ 4 their noses were • very bloody, which induced
t,t).4io into the house-part of the stye, when he was
Q,at seeing his father lying on his back quite
, vrith the whole of his face and part of his neck
0.. Pletel
)4! eased
_9 eaten by the pig'. It is supposed that the di-
t'e w.„`vaent into the stye, and while there had a fit.
81,4713....5t0ut man, in his 58th year.
,t) he:110, AND HOBBEACII RAlLWAY.—Arrangements
irkin,.7.'?aade with the Great Northern Company for
14!,Qtt: s line, which will probably be examined by
_r toil
rualent inspector during the present week....

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