The Sun.
London, England, 1858-10-18 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.
The advices received from most of the manufac-
turing districts are of a rather satisfactory character,
although there has been no important increase in
the amount of business transacted. In South
Staffordshire the iron trade shows a gradual im-
provement, as stocks are extremely light compared
with those at the same period of the previous year.
At Birmingham most of the trades of the town
and districts were moderately employed. At Leeds
the reports continue to be very satisfactory from
the various warehouses. The manufacturers
throughout the district are in full work. Business
at Manchester has been rather quiet, notwithstand-
ing the favourable advices from the Indian and
China markets. Rather more business has been
done in sheetings for home use, and yarns continue
to support full values. At Leicester a fair
amount of business was transacted in the
hosiery trade, and business generally was in
a very healthy state. At Bradford piece goods have
been rather quiet, but prices were firm. Yarns and
lvools fully supported former quotations. At
Sheffield and Wolverhampton the various hard-
ware trades of the district have been gradually
improving, and commercial matters generally look
better than they have done for some weeks past.
• Owing to the improvement of business through-
out the country the quantity of commercial
bills brought is larger, but the additional 81
The Liverpool Cotton Market on Saturday closed
steadily, and 7,000 bales were disposed of at about
former quotations. In Railway Shares very little
business was done, and prices tended downwards.
Attention is still directed to the increasing strin-
gency of the German money-markets, several of the
principal banks having raised their rates of dis-
count to 5 per cent., which, considering the
quietude of trade and the absence of speculation,
is certainly a very high point. As this sudden and
unexpected change, however, is the result of finan-
cial movements in Austria, the effect of which
may be. merely temporary, it is scarcely viewed as
an indication of a permanent alteration in the state
of monetary affairs. It nevertheless attracts con-
siderable notice among capitalists and speculators,
because no reliable opinion can be formed of its
probable extent and influence in other directions.
The increased demand for specie may lead to
some *withdrawals from this country, which would,
no doubt, create anxiety among the operators
for a rise in public securities, although it might only
absorb a small proportion of the Australian, Ame-
rican, and Russian remittances, which promise to
continue on a large scale during the next few
Months.

There is no appreciable variation in the general
appearance of the money market. It still remains
unusually easy, and the supply is excessive, owing
to the improvement of business throughout the coun-
try, and the quantity of commercial bills brought
forward, but the- additional inquiry is not sufficient
to create the'ilightest impression upon the terms of
discount.

' One instalment of 25 per cent. is due to-day on
the Indian Loan, amounting to £797,125, but it is
stated that a large proportion was paid in advance
some time ago.
The steamer Niagara, from New . York, has
brought £20,400 in specie.
deThe English Stock Market is rather heavy, and a
cline of k per cent. has taken place, several. small
speculative sales having been effected. This de-
pression is attiibUted to the less favourable appear-
ance of monetary affairs on the Continent, and
the impression that the minimum rate of dis-
count here will not be reduced, below 3
Per cent. Coniols have been 981 1 for money,
and 981 I for. account. The New Threes are about
971 .7„ and the Reduced 971 a. The June Ex-
chequer Bills are to 30s. premium; and India
Bonds, 14s. premium. India Debentures are 991 I-
for the first issue, and 991 for the second. Bank
Stock is 220 to 2211.
In the Foreign Market a moderate amount of
business has been done, but the quotations in several
instances rather tended downwards. Turkish 6
per Cents. Eire 941 ; ditto New Scrip, NO:1, 11 !
prem. •
ditto No. 2, 2171-, prem. ; the 4 per Cents.
Guaranteed are 105 t-; Portuguese 3 per Cents.
are 44 ; Dutch 4 per Cents., 1007, ; Peruvian 41
per Cents., $7,1 ; Equador, 151 and Brazilian 41 per Cents. (1858), 971 - -
In the Railway Share Market busineSs has been
dull, and a downward tendency has prevailed in
prices. Caledonian, Eastern Counties, and North
Stafford, have receded ss. ; Great Wes
NOrthWestern, 10s. ; South Western, 15s. ; and Soh Eastern, £l. Great Northerns show an improveut-
Ment of about 10s. The foreign lines-have also been
rather depressed. Paris and Lyons and Northern
of France have receded about 10s.; and Lombardo-
Venetian, ss. to 108. In the Colonial Market East
Indian are steady, as
_also Grand Trunk and Great
Western of Canada.
Joint Stock-Bank and Miscellaneous shares are
at slightly reduced quotations. Ottothan Bank,
however, have improved about ss. ; Australian
4,?;ricultural declined 10s., and Peninsular and
o.riental Steam, £l.
tItITISH

FUNDS THIS DAY AT ONE O'CLOCK.
Bank Stock
2201 11
~ Per Cent. Reduced Annuities 9711 1i
i
*i.). per Cent. Consols Annuities -
Dittou- 30 Years, expire 10th Oct., 1859 l5-16
I.4diasot3oooYears, ek sth April, 1885 lB 3-16
t6tto
bi. Debentures 991 I I
..,tto flat?, 2d Issue
Ditto unSerld:, 2d Issue
Ditto Bonds, £l,OOO
£l,OOO
Consols for Accounl3 9Bl 1
xe March: June.
ll
1Y equer Bills, £l,OOO, 241. said... -- i
itto £5OO, •
PRICE, OF FOREIGN FUNDS AT ONE O'CLOCK.
Li razilian, 5 per Cent.
~Ditto 1858, 41 per Cent. 971 i
-uanish, 1825, 3 per Cent.
! Dr
t t
tr rttv
ig
nooa rle
...itto
_per Cent.
: eNc4cetwifitr cConsolidated3ente.rcent. l5l
084
Ditto Account' P 1661
.
I„ian, 1822, £ St., 5 per Cent
S Ditto 1852, 41 per Cent. lOll
phPaiiisit Com. Cert. of Coup. not funded 6l
Aurkish, 6 per Cent.
Ditto New Loan Scrip 1 p
Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above payable in Lon on.
Dutch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Cent.

Consols, M TWO O'CLOCK.
oney
Ditto Account

RAILWAY CALLS.

oubjoined is a statement of railway calls fallingdue at various periods :

Call' Making
Paid.

tirkenhead, Lancashire, and Cheshire
,Intiction, Per. 4 per cent. Debenture
- Stock (Nov. 1, 1&58) £2s 0 0 Dittoditto ditto Feb.( 1, 1859) 2.5 0 0
Cafe' Town Railway and Dock (Oct
23, 1858)
Ditto ditto ditto Jan. 1, 1859)
Ditto ditto ditto April 1, 1859)
Ditto ditto ditto July 1, 1859) .....
Ditto ditto ditto Jan. 1 , 1860) .....
/
Grand Trunk of Canada 7 per cent.
'Debenture, 1862, issued at 20 dig.
• (Nov. Nov. 20, 1858) 2O 0 0
to ditto ditto Jan. 20, 1858)
Ditto ditto ditto Mar. 31, 18591
bGyeat Western of Canada New Shares,
."--illarney Junction (Nov. 1, 1858) ... 1 0 0
Lancaster and Carlisle, £163 (Aug. 1,
0 13 4
1860)
Lancasterand Preston,£lll (Oct. 31,
0 10 0
18)
Lbardo-Venetian (Nov. Ito 15, 1858) 2 0 0
mndon
j and North-Western Eighths
Ditto 1,
Ibitto ditto ditto (July 1, 1860)
Ditto 'ditto ditto (July 1, 1860)
Ditto ditto ditto (Jan. 1, 1861)
3tanchester, Sheffield, and Lincoln-
,
li Aire, £lO, 4 per cent. (Jan. 1, 1859)
Ditto ditto ditto (July 1, 1859)
tto So ditto ditto (Jan. 1, 1860)
:(Declith Devon, additional shares, £lO
„.aterfo. 1, 1858)
Wrd and Kilkenny Debenture
TN,BllareA, £lO (Jan. 1, 1859) ...... . .
--qtto 'ditto ditto (Jan. 1, 1860) ......
....--
A

1 18 0
2 10 0
2 10 0
2 10 0
2 10 0

2 10 0
2 10 0
0 10 0
1 0 0

1 15 0
1 5 0
0 15 0

1 0 0 10