The Sun.
London, England, 1858-04-05 00:00:00

MONEY

• t•-;r•
K T

AA N 0

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
During the past week there has been a slight
improvement in the general trade of the manu-
facturing district.. At Leeds the woollen cloth trade
remained steady but quiet. There has been rather
more business done in light fabrics suitable for
summer use. Both merchants and manufacturers,

however, act with great caution, and are not
desirous of incurring risk by entering into specu-
lative transactions. The worsted trade at Halifax
has been dull, and holders of both yarns and piece
goods have slightly given way in their demands.
At Bradford light fancy goods, suitable to the ap-
proaching season, have been in moderate demand
for the home market, but in other descrip-
tions of goods there is scarcely any business doing,
with little or no demand for the export trade.
The hosiery trade at Leicester continues in a very
depressed condition. The demand for home con-
sumption being very contracted, and in wool there
is no change to report. The lace trade at Notting-
-ham has exhibited slight symptoms of improve-
ment, and in the hosiery branch a decided improve-
ment may be noticed. The shipping trade, however,
remains very quiet. Business at Manchester
has been interfered with by the intervention of the
Easter holidays. The late decline, however,
brought several buyers in the market, and some
business has been done both in long cloths and
printers. There is no improvement to report in
the general trade of Birmingham ; some few orders
have been given out for general brass foundry,
but most of the principal establishments continue
slack, and the men are upon short time ; and in
the hardware trades of Walsall and Wolverhamp-
ton there is no improvement whatever to report.
The 4th of the month has not passed over so
satisfactorily as was anticipated, two important
failures having been announced. These are Messrs.
Maitland, Ewing and Co., and Messrs. Newcomen,
Noble and Co., both in the Ind a trade. The
former was also largely connected with China ; the
liabilities of that firm are estimated at between
200,0001, and 300,0001., but it is thought that they
will be paid in full.
With regard to the Latter, it is stated that the
liabilities are limited ; but at the same time tLe
assets do not promise a very satisfactory return.
The money market continues in an exceedingly
easy state, the supply being still largely in excess
of the commercial demand. First-class bills are
readily negotiated at 2i per cent. The last Bank
return was rather unfavourable in its tendency,
but the changes were chiefly attributable to the
usual quarterly disbursements, and not to any
adverse movement in financial affairs.

The Vimiera, from New South Wales, has just
arrived, but it is not yet known what amount of
gold she has onboard. The Morning Light, from Mel-
bourne, is also announced with 17,329 ounces of gold,
Valued at 69,4001. The receipts of specie from that
quarter will, no doubt, insure a further increase
in the bullion, as the export dem ind continues
Very limited. To India the remittances have fal!en
off, and even if consignments to some extent should
be made to America, they are not likely to assume
any serious proportions.

Very little business is reported in the East India
debentures, and they are quoted at 98. These
securities are not likely to become very popu-
lar till after all the instalments are paid, the
liability of " calls" always being a cheek to
buoyancy.

The Market for English Securities opened with
a very unfavourable appearance, chiefly owing to a
statement that some parcels of gold have been
taken from the Bank for remittance to New York,
Where the exchange has become unfavourable to this
country. Now, however, quotations appear stronger,
but there is very little business in progress, owing
to the proximity of sett ling day. Consols are marked
96i for money and the Bth proximo, and the pre-
sent price is 964 ; for May they are 9CI. Exche-
quer Bills are 355. to 395. prem., the Bonds 99k,
and India ditto 16s. to 19s. prem. Bank Stock is
226.

Numerous transactions are reported in the Fo-
reign Stock Market. Tnrl:l4h F per Cents. have
been 1001 101 f, and the 4 per Cents. 104. Sar-
dinian Bonds are marked 901 to 91k. Spanish 3
per Cents. 43 Russian 1091. Peruvian 4i
per Cents. 83. Buenos Ayres 77k, and Chdian
104.

The following are the nominal prices of foreign
Stocks :—Mexican, 191 20 ; Peruvia❑ 4i per Cents.,
82 84; ditto 3 per Cents., 55 56 ; Portuguese 3
per Cents., 45 46 ; Russian 5 per Cents., 109 111 ;
ditto 4i per Cents., 99 100 ; Spanish 3 per Cents.,
44 44i ; ditto New Deferred, 26}
A very limited business has been transacted this
Morning in the Railway Share Market, and a
slight downward tendency is apparent in most of
the leading lines, prices having been influenced by
the heaviness in the Consol Market. Eastern
Counties, Lancahire and Yorkshire, Midland and
North Eastern (York), declined ss. ; Great Wes-
tern, North Western, and North Eastern (Ber-
wick), 10s. ; and Great Northern, 15s. The Foreign
and Colonial lines are very quiet. East Indian
have declined 10s. ; Grand Trunk of Canada, 15s. ;
Paris and Lyons, ss.

Mines, Banks, and Miscellaneous Shares are very
inactive and show a downward tendency in prices.
Bank of Egypt have receded ss. ; London and
Westminster, ss. ; London General Omnibus
Company, ss. ; and Royal Mail Steam, 11.

lIRITISH FUNDS THIS DAT AT ONE
( From the Official List:)

Ansinem; dere
3 per Cent. Consols Annuities
ladle Bonds, £1000
Ditto, under 13000 l5 19 p
Bank Stock

Ditto Account,
CoLaois far Account ..
Exchequer 13111 E, 20. March. June.
£IOOO
£5OO . 35 133 9
£5OOl. 35
Exchequer Bonds, 1858, 34 por Cent —99 i
?IMES OF FOREIGN FUNDS AT ONE O'CLOCK
Brazilian 5 per Cent.
no., 1529 and 1839, 5 per Cent .. ..... • 101
Buenos A Tres Bonds, 6 per Cent. 774
Chilian Bonds, 6 per Cent lO4
Danish Bonds, 3 psi Cent., 1825 —
Ditto 5 per Cent
reruvian Bonds, 44 per Cent
Ditto Account •
83
Portuguese Bonds, 3 per Cent., 1853
Ilissian Bonds, 1822, 1-' St., 5 per Cent... 1091
Sardinian Bonds, 5 per Cent
Ditto Account
anAnieb 'Roads, 3 per cent
Ditto Account
Inrkiati' Bonds, 6 per cent .
Ditto Account
1 Ditio Guaranteed.: par Cent.
Venezuela Bonds, 44 per Cent
Ditto Account
Dividends on the above payable in London.
Ditch Exchange, 2!1. per Cent., 12 Guilders
Do. 4 per Cent. Certificates
TWO (VOT,OI K.
Consols, money
Ditto, Account
Consols account (May)

Lettere from St. Petersburg allude to the reports
lately current in London of a contemplated Russian
loan,
dati andon. state an impression that they are without
GAS nir ATItTRALTA.—Gasis all the rage at present.
Companies are bung formed in Geelong and in the
towns on the diggings for the supply of this illuminator.
A. gentleman named Prangs, residing at Kyneton, has
invented a process for extracting gas from the leaves of
gum trees—a raw material to be bad in endless quan-
tities, the only
question being whether it be really
available for the purposes of illumination. The inventor
at any rate ie sanguine of success.—Australian and
New Zealand Gazette.
PORT ADELAIDE.—The Orient and Alfcn acohpapveer.ar riv
Thee(i
from this port with large cargoes o
former has, moreover, 600 ounces of gold, which
rather an unusual export for South Australia,
and is the produce of the solitary gold field of
the only one as yet opened up in this colony. Another
unusual, but important, article of shipment to the
mother country has come to bard in the same vessel,
being a considerable quantity of black sand, containing
rich tin cre, besides a large admixture of gold. The
tin ore yields, it is stated from seventy to eighty per
*mat. of pure metal. The value of the sand in the
Ovens district is about 401. per ton ; but being carried
such a considerable distance up the Murray to the port
of embarkation, the cost to the shipper is greatly io
excess of the producing price mentioned. The quantity
'which can be obtained is said to be almost without limit
andit is expected that it will become a staple export to
this eonntry,--,Mining hurnal, April 3.