The Sun.
London, England, 1858-05-25 00:00:00

MONEY MARKET

AND

COLLYZROTAL INTELLIGENCF.

CITY, Two O'CLOCK.
Business in the Foreign and Colonial Produce
Markets during the last few days has been very
quiet, the intervention of the Whitsun holidays
having delayed to some extent the public sales.
Most of the leading articles have exhibited a alight
downward tendency in prices. Tea has been very
quiet, without the slightest change to notice in
value. Sugar has declined about G per cwt., al-
though good qualities maintain their previous
values. For coffee there has been a steady inquiry,
and fine coloury qualities of plantation Ceylon
have realised full rates. In rum very few dealings
have been reported ; and rice is flat, the transac-
tions entered into comprising a few lots for home
consumption at about previous rates. Saltpetre sea-
-4855 full values, and holders are very firm. For
Indigo there has been some inquiry, at about last
sales' rates ; and the public auctions of colonial
Wool have proceeded with rather more animation,
fine qualities of Sydney wools being in increased
demand at a slight improvement in prices. Tallow
continues firm. P.Y.C., on the spot, is 535. 9d. ;
July to September, 51s. Gd.; and last three months,
518. to 51s. 3d.
Letters from Liverpool state that the Cotton
Market yesterday closed quietly, and prices of all
descriptions were the same as on Friday last. In
the Railway Share Market business was dull, and
quotations were rather lower.
It was asserted in the American advices received
Yesterday that orders were being sent to England
and France for various articles of manufacture ;
and, moreover, statements have been recently cir-
culated as a reason why gold was lately transmitted
to Paris that speculators here were purchasing
articles of French production. Whether this be
true or not is difficult to determine; but certain it
is that advices from most parts of France still com-
plain of the extreme depression of trade. In the
manufacturing towns particularly there seems to be
Muth distress, and the weekly railway traffic returns
prove, mcst conclusively, that goods and produce
are being moved from one part to another in very
small quantities. This is gives as the chief cause
of the depression of the French funds, which cer-
tainly, if contrasted with the current quotations of
the 3 per Cent. Consols, seem forced almost to the
-value of the national securities of a country greatly
Inferior to France, both commercially and politi-
cally considered. Occasional symptoms of revival
are experienced, but they are spasmodic in their
character, and the trading interest appear to re-
gard the prevailing inactivity as chronic. When,
however, due consideration is paid to the events of
the last few months, showing the results of years
,_llf indiscretion, through trade being forced
4eYOnd its natural limits, no surprise neel be felt
at the existing state of things, especially as the
commerce of England, the United States, South
America, and Australia are all suffering from simi-
lar consequences.
It is stated that the New Brazilian Loan of
1)500,0001. will be issued in 41 per Cents. at the
Price of 9G. At that quotation the amount will
110 doubt be readily subscribed.
1
The amount of gold taken into the Bank yester-
day was 24,0001.

The annual general meeting of the National Bank
took place to-day—J. Newsam, Esq., in the chair.
The report was satisfactory, and showed a net profit
in the year of 76,2571..1.35. 4d., which allowed of
the usual dividend of 6 per cent. per annum. The
rsiserve fund was now 104,792/. 2s. Bd. The chair-
Man stated that the bank was not a loser by the
late crisis, nor had Ireland been in any way affected
by it so as to cause the accommodation to custo-
-Iners to be diminished. The report led to some
discussion, but it was adopted unanimously.
The meeting of the Recife, &c., Railway Com-
pany, held this day, was again adjourned.
The Funds are flat and the transactions continue
on the same limited scale as for some day; past.
For the moment the tendency of prices is unfavour-
-414 in spite of the influx of g.-)1d into the Bank,
411 a other favourable indications. The dulness of
the Market is increased by the proximity of the set-
tt „ ut Some of the speculators prefer closing at
be; the rise during the account having given
them tTheir ht 3 opportunity of securing a r profit.
operations have caused a theeli weakness.
Consols being 974 to 98 for money and the 3d prox.,
ell,-.11(1 98k for July. The New 3 per Cents. are
"ut I ; the Reduced, 961 ; and the March Ex-
°llecluer Bills, 38s. to 425. prem. Bank Stock is
221 to 2224, and Indian ditto 221 to 224.
The number of transactions recorded in the
Foreign Stock Market is limited, but prices con-
tinue,. steady. Turkish 6 per Cents. are 97 to 974 ;
unto 4 per Cents., 104} ; Brazilian 5 per Cents.,
102 ; Ditto 4i per Cents., 1001101 i ; Grenada New
Active, 204 ; Mexican 3 per Cents., 201 ; Portu-
es° 3 per Cents., 46i ; and Sardinian 5 per
ants., 92i. The New Brazilian Loan is no-
minally to 1i premium.
The following are the nominal prices of Foreign
stocks :—Grenada Deferred Bonds, 51 6i ; Mexi-
?ll 3 per Cents., 201 21 ; Peruvian 4i per Cents.,
°6BB ; ditto 3 per Cents., ; Portuguese 3
per Cents., 451 46i ; Russian 5 per Cents., 111
413 ; ditto 4i per Cents., 101 103 ; Spanish 3 per
Cents., 44i 45 ; and ditto Deferred, 27 f.
tkin the Railway Share Market this morning
uere has been but a moderate business transacted,
and most of the leading lines show a decline of
and
ut to 1 per cent. North-Western have re-
58d ed. ; Great Northern, Lancashire and York-
etre) ed
Midland, and North-Eastern (York), 10s. ;
astern. Counties and South-Eastern, 15s. ; and
Caledonian Great Western, and North-Eastern
(Lerwick), 1/. The Foreign lines were quite ne-
lectedy and quotations are unaltered. In the
declined
Market Great Western of Canada have
'beelined ss. ; Grand Trunk of Canada 10s., and
'44Bt Indian about 1/.
b;ttlining shares were dull, and prices have exhi-
dno alteration of importance..
Joint Stock Bank and Miscellaneous shares are
quiet, at about former values. British North
Merican have improved 10s. Loudon and West -
nliaster have declined ss. ; and Australian Agri-
cultural, 10s.

tItITISH FUNDS THIS DAY AT ONE O'CLOCK.
(Prom the Offictal Lusts)
tank Stock
per x.;ent. heduceo Annuities 96i I 1
New
Cent. Consols Annuities 97i i 8
'!'' s per Cent. 4 nuultleh
Long Annuities (Exp. sth Jan., 1860) lll
Ditto 30 Years, expire sth Jan., 1860 14
Ditto 30 Years, expire sth Jan., 1880 13-'._
bitto 3') Years, expire sth April, 1885_, 18.4
India Stock
lu •
01.1% ~.nds, 1:101/0 , 2l
u Bois for Account . . ... 971
'4B4thequer Bills, 24(1. March. June.
€lOOO •
42 38 I
r Ditto Advertised lld 22 3 1 I
Ditto.
"'chequerlo9 donuts, 1058, 34 per Cent....
101}
le
11:-LUBS OF FOREIGN FUNDS AT ONE O'CLOCK
..x,,....
u 5 per Cent. Ditto--
Account ..•
itto. 44 per Cent:... ................
jiiiad°rltc‘v Consolidated —
~, Ditto Provisional Land Warrant
iayee2?ada New Active, 21 per Cent.
7all 3 per Cent - .1,.
jr At() Account
luguese Bonds, 3 per Cent., 1853
DittoB4r Account
di'llan ii .. >, Cent. .
-,, owls, " per
...ItTO h
A
ttriue
10, Bondsccount
, 6 per cent —
itto Guaranteed, 4 per Cant.
Dividends on the stove payable in London.
TWO O'CLOCK.
efiriSolp,
money and account
Consuls for account (July)

bodes LATE EXPLOSION IN AN IRONSTONE PlT.—Tiho
h? of the four wen who lost their lives by an exp
dc-
-14:
-.4k1 the B,rdholme Ironstone Pie, near Cbesterfiel ,
°lb, the 17th in t have been recovered. One of the men,
Ai Bradshsaw. it w ill be remembered, went into the
Yards an oil lamp. Hi 4 body was do.covered a few
rlart,-::r°ol the bottom cf the shaft; the sleeve of his
a:4,-6' jacket was found completely a'ripped from his
vpu'and.all the clothing on the upper part of his body
Plow torn In Pieces. It is therefore inferred that the ex.
1;o:1? occurred in consequence of his carrying a naked
I;ati.4ll his band. The bodies of the other men were
ittle injured, and it is supposed they wi re suffocated.
"cli'tiquest stands adjourned to the 2.1 of June next.,
ley, 43e Proprietors of the pits have requested Mr. Het2-
I,,eacovenruent Inspector of Coal Mines, to assist in
menlitiating the causes of the accident in the mean-