The Sun.
London, England, 1858-02-15 00:00:00

MONEY MARKET

Ai3D

COMMERCIAL INTELLIGENCE,

- ,+----

CITY, Two o'CLocK.

The advices received this morning from the
manufacturing districts state that during the past
week there has been little alteration to notice in
the amount of business transacted. At Manchester
a slight improvement may be reported in the in-
quiry for shirtings for the India markets. Light
printing cloths have also been in moderate re-
quest ; and long cloths and T cloths have been
at slightly improved quotations, the woollen
trade at Leeds has been very dull. Buyers still
continuing to operate very cautiously, except in
cases of job lots, which are not to be met with to
any extent. There was a moderate demand for
wool, and at fully previous quotations. At Brad-
ford rather more firmness has been apparent in the
quotations for yarns, but manufacturers still com-
plain that the rates current are not remunerative,
owing to the high price of the raw material. The
de Lan I for piece goods has not been active,
and but few export orders are in the mar-
ket. Business at Halifax has been exceedingly
dull. In the worsted trade there is no material
change to report, and the unsatisfactory prices
offere for yarns prevent the acceptance of many
large orders which might otherwise be given out.
The lace and hosiery trades at Nottingham have
been rather more active. There are rather more
buyers in the market, but as they expect to buy at
exceedingly low prices, manufacturers are very
cautious in their transactions. There are, how-
ever, signs of improvement, with a fair prospect
of a sound and healthy spring trade.
Letters from Liverpool mention that the cotton
market on Saturday closed with less animation, but
prices in some cases advanced Id. per lb. The
sales amounted to 20,000 bales, 6,500 of which were
taken by the speculators, and 2,000 by the ex-
porters. The railway share market presented a very
seeady appearance, and values were fully main-
tained.

Although no material alienation can be reported
in the general situation of the Money Market, the
demand in some quarters has slightly increased,
and notwilstanding the abundant supply and the
probability of another redaction in the minimum,
it is thought that greater scope will soon be
given for the employment of capital. No sensible
improvement has yet taken place in trade,
end most markets remain stagnant, but in some
directions there is a desire to extend engagements,
which may speedily initiate a gradual resuscitation.
Business is not likely to continue for a very length-
ened period in its present situation, the dis-
count facilities now afforded being sure to
induce the commercial public to press ope-
rations wherever an opportunity may be pre-
sented. Of coarse, some time will yet elapse
before there is any general activity, but during the
spring a partial recovery may be experienced.
Meanwhile, the Indian loan, the pres;,..cutiou of
now joint-stock adventure, and the payment of
calls on shares of various descriptions will, no
doubt, exercise some influence upon the money
market, although, perhaps, no important move-
ment :lin the terms may be produced. About
60,0001. in gold was added to the bullion in the
Bank of England on Saturday.
On Saturday it was announced that the Bland-
ford Bank, Dorsetshire, had snspended. It was
established in 1787, and had a fixed issue of
9,2731.

The shipping accounts exhibit a satisfactory
increase in the tonnage and number of vessels em-
ployed, both for the entries inwards and the clear-
ances outwards, and in the coasting trade there is
also a slight augmentation of the amount of ship-
pine. employed.
Icreazed buoyancy is apparent in the English
Stock Market. The favourable news from India,
the easiness of money, and the hope that no poli-
tical disturbances will arise, all combine to give
strength to the market, but the upward
movement is rather restrained by the limited
character of the daily transactions. Investers
and speculators are alike indisposed to push
business too far, but this morning there
has been more animation than for some days
past. Console for money are 961 ; and
for account 961 /. The New Three per
Cents. have been dealt in at 96i n and the
Reduced at 9G/ Exchequer Bills are 345. to
375. prem. ; And India Bonds, 255. prem. Bank
Stock is 224 ; and India ditto, 2191.
Foreign Stocks are also buoyant, and several
transactions are recorded at enhanced rates.
Bwieess in this department is decidedly active.
Turkish 6 per Cents. have risen to 103 to 1031
and the 4 precuts. have been 104“, and 1041 to;
105 ; Spanish 3 per Cents. are 44 ; Divto Deferred
261/ ; Sardinian 90/to 91, and Dutch 4 per Cents. 100/.
Peruvian have been dealt in at 83, and the 3 per
Cents. at 56 to 57. Buenos Ayres were marked
82 to 83 ex Deferred, and the latter aro 19 to 20.
Mexican Sock is 20i /.

Tt,e following are the nominal prices of Foreign
Stocks :—Grenada Dderred Bonds, 51 6; Mexican,
20 2O ; Peruvian 4i per Cents., 82 83 ; ditto 3
per cents., 56 57 ; Portugue3e 3 per Cents , 45
46 ; Russian 5 per Cents., 111 113 ; ditto 4i per
Cents., 99 101 ; Spanish 3 per Cents., 44 441 ;
Ditto New Deferred, 26,3
In the Railway Share Market this morning a
rather active business has been reported, and prices
are exceedingly buoyant. An improvement of fully
to 1 per cent. has taken place in most, of the prin-
cipal lines. Great Northerns, Brightons, North-
Western, Norfolk, North-Eastern (Berwick), and
North-Eastern (York), improved 10s.; and Great
Wes ern, Midland and South-Eastern, 1/. The
Forigu lines have b.en quiet, but the Canadian and
East Indian have exhibited a decided improvement.
Grand Trunk of Canada have advanced 10s. ; East
Indian, 10s. ; and Great Western of Canada about
ss.

BR CEISIT FUNDS.—CLO§ING PRICES --THIS DAY,
( from the Official List;)

Busineos done.
Ba i Stock

a orr Utiiii,. i:educed Annuities
3 per tent. Ceusole Annuitie.
Now 3 per Cent. Annuities 96i 3 i
India Stock
inoi7, *tionds..C.lo,,nl „.
an soil for Acoonut ..... ....
Eic:ll.3qnsr Bills, 21d.
£l000 .
• ;_'56.) , 14 37 33 p
33 p
PRICES OF FOREIGN FUNDS—THIS DAY.
Braruttn 5 per Cent.
Ditto 1852, 4i per Cent..
Buenos Ayres Bonds, 6 per Cent. B3 24 2 3 x df.
Ditto Deferred, 3 per Cent. . 2O lti 13 20
Cu Riau Bonds, 6 per Cent lO6
Greek Bonds 6 i a
Niexicau 3 per Cent.... —
Ditto account (February 26) 2)3 I-
Peruvian Bonds, 4i per Cent —
D:tto Account .... . B3 2 3i
Ditto 3 per Cent —
Ditto Account
Portuguese Bonds, 5 per Cent., Con. 1841 --
Ditto 1863, 3 per Cent 5,1
Ditto Account
Russian Bonds, 1622, !2, St., 5 per Cant ll2j 12 i
5i
Ditto, 4i per Cent. 9 103 k
iattlinian Bo:: °s, .r, per Gent.
Ditto Account
44
Sn.,l-1,11 50-,..(1:-:, 3 per tient.
Ditto Account,
LAW I,,:ew Deferred, 3 per Cent.
Ditto Account 26i 1 i 3
Tarkikh Ponds, 6 psi. sent lO2l iDitto Account

Ditto Guaranteed, i per Cont.
Ditto Account
. .
Dividends on the above payable in Lon.don.
French Routes, 4i per Cent. . 9sf. 750.
Belgian 41 per Cent., es. 25 francs
Dutch Ex : t ang,e, 24 per Cent., 12 Guilders
Do. 4 per Cent. Certificates
2 tlitEß (Y C,'Loa g.
Console, money
Consols account (March 4) ... 96a i