The Sun.
London, England, 1858-12-02 00:00:00

MOXEI MARKET AND tITY NEWS.

CITY, Two O'CLOCK.
The traffic returns of all the principal railways
of the United Kingdom continue to show a progres-
sive improvement, but the comparison, it must be
remembered, is now made with the period of last
sear when the commercial crisis was most severely
felt. Any evidence of amelioration however must
be considered satisfactory, and, looking at the
extreme caution observed in all branches
of business, and the studious avoidance of all
speculative adventure, there can be no doubt that
the reaction, already commenced, will continue
Until affairs are brought once more into a flourish-
ing condition. This will necessarily be a work of
time ; but holders of share property have now an
additional cause for congratulation in the success-
ful arrangements just made between the rival
companies, and which it is thought will bring about
an improved system of legislation throughout the
railway system.

The last week's railway receipts, ascertained up
to this day, are, in round figures, as under :

18.58.
Great Western
worth-Western
;South-Western
I3righton
Midland
South-Eastern
Great Northern
Lancashire and Yorkshire
N'orth-Eastern
;Bristol and Exeter
East Lancashire 5,490
Manchester, Sheffield, and Lincoln
North-Eastern
North London 2,160
North Stafford
West Hartlepool
Edinburgh and. Glasgow 5,452
Glasgow and South-Western
Northern of France
Grand Trunk of Canada
ureat Western of Canada

The public sales of Australian and other colonial
wools, which commenced on the 4th ult., were con-
cluded yesterday. The quantity offered amounted
to 53,815 bales, the greater part of which was Cape
of Good Hope wool. Prices at the commencement
exhibited an improvement of lid. to 2d. per lb. on
the better kinds of Australian, and id. to lid. per
on Cape wools, compared with the rates
current at the close of the last August sales ;
and during their further progress a further
slight advance took place, owing to the
active demand for home consumption conse-
quent upon the improvement in trade in the manu-
facturing districts. Cape wools were in fair
request notwithstanding the large quantities in the
hole, and the condition generally very good ; they
were purchased to supply the place of Van Die-
men's Land and Adelaide wools, the imports of
Which have been very limited.

Letters from Liverpool state that the Cotton
market yesterday closed heavily, and prices tended
downwards. The sales were estimated at 7,000
bales. The Railway Share market presented a
irerY dull appearance, and quotations were un-
altered.

At the half-yearly meeting of the Trust and
Loan Company of Upper Canada, to-day, Mr.
Weguelin, M.P., in the chair, a dividend at the
rate of 7 per cent., per annum, was declared.
The Government broker has invested £lO,OOO in
Reduced Annuities for the iSavings Banks' Com-
krisioners.

The condition of the money market continues to
show a generally augmented demand, but, beyond
a few additional applications, there is no alteration
t° report. Evidence of an abundant supply is visible
14 all diretions, which capitalists seem anxious to
/iploy when a favourable opportunity is presented.
It is satisfactory to find that the facilities now
offering fail to stimulate specUlative enterprise;
and the reception given to foreign loans, as illus-
trated by the Turkish, and still later by the Chilian
operation, will, it is hoped, discourage the intro-
duction of other schemes of a similar description,
since they lead to the withdrawal of a largo amount
°f capital, which can never be expected to return
to this country. If new enterprises be encouraged
at all, preference ought to be given to industrial
u_ndertakings at home, which might be expected to
.radace to the general prosperity of the United
Aingdom.

The English funds are somewhat firmer, but
there is very little business in progress owing tik.
the proximity of the settling. day. Indeed the few
operations now reported are chiefly in connection
Nvith the liquidation ; but the recent depression has.
Partly resulted from a large supply of stock.
Consols are now about 98 to 981- for money,
and 081 dfor the January account. Bank
Stock has been dealt in at 2241 and 2251.
The New 3 per Cents. and the Reduced Annuities,
96f-i- -I. India Stock is 228, and the Debentures,
; ditto Bonds, 13s. to 14s. prem. The March
-Ptchequer Bills, 365. to 395. prem. ; June ditto,
335. to 365. prem.
A fair amount of business is recorded in the
Foreign Stock Market, and prices are steady.
p„,
lurkish 6 per Cents. are 921 ; ditto Scrip, Ist
Issue, to 1 dis. ; ditto 2d issue, par to 1 prem.,
being rather firmer ; Russian 5 per Cents. 1131
114 ; Sardinian, 921 ex div. ; Mexican, 201; Peru-
Ilan, 41 per Cents. 931 ; Spanish New Deferred,
IN 31 ; Venezuela 5 per Cents., 42-1- 43 ; ditto
ueferred, 161 ; and Dutch 4 per Cents., 101.
Chilian Loan is 4. to 1 prem.
A rather limited amount of business has been
transacted to-day in the Railway Share Market,
but prices have improved in most instances to
the extent of about to 3 per cent. in consequence
of the favourable traffic returns. Caledonian, Lan-
cashire and Yorkshire, and Midlands, improved
; Bristol and Exeter, Bfighton, and North
`Vestern, 10s. ; Great Northern, South Eastern,
and one or two others were at former rates. The
Foreign and Colonial lines have been very quiet.
raris and Lyons improved about 55., and East
Indian ss. to 10s. Grand Trunk of Canada
declined 55., and Great Western of Canada, ss.

Joint Stock Bank and Miscellaneous shares are
"11, but prices are well maintained. London and
, `Vestminster have improved 55., Ottoman Bank,
1(9". Peninsular and Oriental Steam advanced
£l, and Trust and Loan Company of Upper
Canada, ss.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
Bank Stock
3 Per Cent. Reduced Annuities 96 a
3 Per Cent. Consols Annuities
lza3Spteorck - 96a
Ditto Debentures
Ditto Bonds £l,OOO
Ditto under £l,OOO
14
e
"Ads for Account 9B/ 8 I
p March June.
,xQtequer Bills, £l,OOO, 2d. &11d... 39 f 33
Ditto £5OO, i 36
Ditto Small, 1Id.
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian 5 per Cent.
,mbitto 1858, 41 per Cent. 951 a
'Vean 3 per Cent
Ditto Accornt
Peruvian 41 per Cent
, Ditto Account
rkitsian 1822 St., 5 per Cent ll4 13t
~. 7 9
8 t-kvnian, 5 per Cent. 92k 2 ad
P,alll'sli 3 per Cent
buiittttoo
ANcecwounDetferred,3l
3 per Cent.
30a
,1"-Puanish Corn. Cert. of Coup. not tUnded 6a
t:brL'(l.ttitteoollNA6ecte
oe. r Cent. —
ILmotan Scrip
a t d
Venezuela, 5 per Cent.
Ditto Account
Ditto Deferred 2 per Cent l6l
I) Dividends on the above payable in London.
libte.ll Exchange, 12 Guil. 21 per Cent —
'lto Certificates, 4 per Cent.
___

TWO O'CLOCK.
Cows()ls, Money
Ditto Account, January 98,1

MINER BLOWN UP WITH GUNPOWDER.--AwhiNhocking accident occurred at 'Dudley, the other day, by
a man, named John Winchurch, was killed. The
1,-veas,e4 worked at Messrs. Dixon's limestone pits, at Dud-
tk" port On Wedneseay last he was engaged in blasting
ofett.rock for the purpose of moving the stone. firing one
„, e charges he had no opportunity of retiring before the
et-'``)sion occurred. The unfortunate man was blown a
V7r;seiderable distance from the spot on which he was at work.
e;r4 n taken up he presented a horrible appearance. His
veers we, re blown in, and various parts of the head and body
tint!) 'rightfully mutilated. He lingered in great agony
a Saturday, when he expired. An inquest was held on
;I°11,:lay afte
moon and a verdict of "Acciiental death"
Jfancs rehei""nteed• The deceased leaves a widow and family.—
r GegiSfia•