The Sun.
London, England, 1859-07-14 00:00:00

THE LOSS OF THE ALMA.

(From the Correspondent of the Times.)
ADEN, JUNE 24,
I have no further news to send you of the
stranded Alma. Her Majesty's ship Furious hos
doubtless been at the reef since the 18th, ands e
Cyclops, which left our harbour on that day, s
to call there on her way up the Red Sea, and to dir
charge the tanks, lighters, &c., which she took
.11P_
to aid in the attempt to get the ship off. Brigadlet
Coghlan, the Political Resident, also purposes to
despatch the Lady Canning in a day or two to III:.
quire whether any assistance is required from Ade;
The remaining passengers by the Alma, for NO°
no accommodation could be found in the Bombayi;
will proceed to Suez to-day in the Candia.
Columbian, which ought to have been here on the
18th from Australia, has not yet made her apPefii;
ante, and I have just heard that the Bengal, whic
took on the last Calcutta mails, ran ashore at Guile'
and has suffered considerable damage. Her pass,en;
gers and mails were transferred to the Bemires, le
the Bengal, I am glad to hear, was nevertheless au a
to proceed to Calcutta. The Malta, which arrisq'ea
here on the 18th with the English mails of the u•
is still in the harbour disabled. Her piston rod 1:
broken. The mails were forwarded on tbe irg
by the French barque Concordia, which, during II;
this season, is likely to reach Bombay about tk
30th.

The ex-King of Oude, we learn from the Calcutt:
Phoenix, “ lately forwarded through the Foreign. Ofliceutig.
ode composed by himself, and addressed to Lord Cantu... 4 nt,3l
in which, in the flowery and figurative lankuage of °",..en-d'o
poetry, he supplicated the representatiVe of EllP—rels
greatness in the East, to have pity on a captive In°ll%s
and procure him justice. The ode, we are informed,
.‘''.Aea
rather lengthy composition, written in Persian, and dat." to
into a number of parts of so many stanzas each, the
hPorset
assuming the forms of apostrophes to his lordships irips
tent, palace, sword, and elephant in tarn. 'rho os-11.037,
bestowed some very flattering epithets upon the Veic%.,,11
whom in one part of his composition he styles th
Moon of the World,' a title at which the Viceroy wili_ced
feel as c•ratified as when his new earldom was annow.
to him."

.211-01V.E MAREBT AND CITY NEWS.

CITY, Two o'CLocic.
Although the demand for gold on continental
account continues active, the bullion at the Bank
of England is maintained at a very high point.
The requirements •of exporters have been met by
the supplies received from America and Australia.
There is some diminution in the remittances from
the United States, as the exchange at New York
rather tends downwards, but the imports from
Victoria continue on an extensive scale. The Aus-
tralian mail, which is now several days overdue,
will no doubt report further shipments of gold,
which by this time may be far advanced on the
passage to this country. The extensive collection
Of specie at the Bank, and the easy state of the
money market, have strengthened the impression
that the minimum will be reduced to 21 per cent.
During the last two or three days the inquiry
for discount has been exceedingly limited, and it is
probable that some persons have delayed their
monetary operations owing to the expectation of
a reduced minimum, which of course would tend
to lower the value of accommodation out of doors.
In the general market the release of the dividends
has assisted in satisfying the current requirements
of a portion of the public, and the demand has con-
sequently diminished.
The Liverpool cotton market yesterday closed
with a very animated appearance, and a further
advance of Id. per lb. took place for all &scrip-
ti°73B- The sales amounted to 15,000 bales. In
Railway Shares the transactions were restricted,
Prices, however, mere rather firmer.
A call of £5 per share, or £25,000, becomes due
to-day on Madras third extension railway shares.
The last week's railway receipts, ascertained up
to this day, are in round figures as under

1859.
Great Western ..
North-Western 71,558
South Western
-
Brighton
c,Midland • 34,017
South-Eastern
Great Northern
Lancashire and Yorkshire - 28,229
Bristol and Exeter 7,707
North Eastern
•
East Lancashire 7,541
Manchester, Sheffield, and Lincoln 11,027
North British
North Stafford
Oxford, Worcester, and Wolverhampton 5,220
Edinburgh and Glasgow 3,446
Glasgow and South-Western
Grand Trunk of Canada
Great Western of Canada 6,868

1858.
£31,248
67,083
17,580
15,431
31,304
21,710
22,474
26,820
6,765
34,192
7,123
10,263
5,895
6,776
4,394
3,281
7,246
7,903
7,845

These returns continue to show some very favour-
able features. The increase on the Great Western
amounts to £3,534, on the North-Western £4.475,
on the South-Western £1,225, on the Brighton
£2,042, on the Midland £2,713, on the South
Eastern £932, on the Lancashire and Yorkshire
£1,409, on the North-Eastern £2.609, on the Man-
chester, Sheffield, and Lincoln £764, on the North
Stafford £1,161, on the Oxford, Worcester, and
Wolverhampton £836, and on the Grand Trunk of
Canada £446. There is a decrease of £738 on the
Great Northern, and £977 on the Great Western
of Canada, compared with the returns for the same
period of last year.
The Bank of England directors have announced
a reduction in the minimum rate of discount to 2*
per cent. This alteration was generally antici-
pated.

In the English Stock Market to-day the fluctua-
tion has been unfavourable. Fresh symptoms of
Weakness have been developed, and Consols, which
closed yesterday at 959 96, have receded to 957
°wing to speculative sales and a fractional decline
on the Paris Bourse. The other markets are also
flatter. The New Threes and the Reduced Annui-
ties are rather heavy at 951 96 ; Long Annuities,
at 17i ; and Jndia Loan Debentures, at 951
Bank Stock is steady at 2201 to 222 ; India ditto
has advanced to 218 to 220; and Exchequer Bills
are 265. to 295. premium.
A large amount of business is recorded in
Foreign Securities, but prices, in most instances,
show diminished firmness. Turkish 6 per Cents.
are 83 to 84 ; ditto, New, 69 to 71; Peruvian 41 per
Cents. have advanced to 92; ditto, Dollar Bonds,
to 771 ; Brazilian 5 per Cents., to 104; ditto, 41 per
Cents., 1852, to 94 ; Mexican, to 194 y ; Russian 5
Per Cents. to 111 ; ditto, 44 per Cents., to 981;
Spanish 3 per Cents. to 441; Dutch 21 per Cents.,
to 67; Venezuelan 21 per Cents. are steady at 29,
and the 1 per Cents. are firmer at 151 a.
The preparations for the liquidation of the usual
half-monthly account are now in progress in the
English Stock Market. Prices, however, are a
shade firmer. Eastern Counties, North-Western,
South-Western, and North-!Eastern (Berwick),
have improved ss. Caledonian, Great Western,
Midland, North British, and South-Eastern, 10s.
London and Blackwall have declined about £l.

• _
In the Foreign and Colonial Markets the dealings
have been very limited. Lombardo-Venetian Old
Shares have declined to 109 11; and the New
Shares to 108 ; East Indian are steady at 1021
103. and Great Indian Peninsula at 100.

Joint-Stock Bank and Miscellaneous Shares
are inactive, and prices show a downward ten-
,dency. London and Westminster realise 57 ;
Bank of Australasia, 841 ; Atlantic Telegraph,
200 ; and Peninsular and Oriental Steam, 77 to 771.

' BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3., Per Cent. Reduced Annuities 954 6 51 61 51
tper Cent. Consols Annuities
on 3 per Cent. Annuities
g Annuities, expire sth Jan., 1860 —
Ditto for 30 Years, expire sth April, 1885 171
India Stock • 220 18
Ditto Debentures . 951 i
Ditto Bonds, £l,OOO
tt,) under £l,OOO
Consols for Account (Aug. 9)
vxchequer Bills, £1,000,' Ltd 26 9 p
Ditto small, lid.

FOREIGN FUNDS--CLOSING PRICES.
Brazilian 5,p,c; Cent.
Ditto Account
Ditto 1852, 41 per Cent. 94
, Ditto 41 per Cent. 1858 94 I i
r,quaclor New Consolidated
Grenada New Active, 31 per Cent. —
Ditto Deferred 6
Mexican 3 per Cent.
Ditto Account
Peruvian 41 per Cent —
Ditto Account
Ditto 3 per Cent. 7Ol 1
Ditto Account
Portuguese, 1853, 3 per Cent.
Ditto Account
Russian, 1822, £ St., 5 per Cent lll 12
Ditto 41 per Cent.
Sardinian, 5 per Cent.
_. .

I. 00000000000000 ••• • —.Ditto Account861 '
Epanish 3 per Cent.43l 4 31 41
INDitto Account
Turkish 6 per Cent. B3 4}
Ditto Account
Ditto New Loan
Ditto Account
Venezuelan 5 per Cent.
Ditto New 2i per Cent.
Ditto 1 per Cent.
Dividends on the above payable in Londoa.
Dutch Exchange, 12 Guil. 2f per Cent 67
l'eravian Dollar Bonds, 41 per Ct. Ex. 4s 771

THREE O'CLOCK.
Consols, Money and Account.... 95i • I

IRONMASTERS' QUARTERLY MEETING.

WOLVERHAMPTON, Wednesday Evening.—The
11841 quarterly assembly of the ironmasters of this
district was held in this town to-day. The attend-
anoO was not numerous, and the business actually
transacted was limited ; but the tone of the assembly
was good, the comparatively cheerful feeling which
prevailed being the consequence of the announce-
ment of peace between France and Austria, and the
prospect thereby afforded of the iron trade assuming
More activity than has marked it for the last three
Months. It is seldom that there is much iron sold
at the Wolverhampton meeting, parties preferring
to make their engagements to-morrow at Birming-
ham, but there was unquestionably more inquiry by
consumers to-day than there has been of late for
nearly all descriptions of finished iron, and more
Confidence was evinced in the maintenance of prices
as declared at the Stewponey a fortnight ago.
There was a fair attendance of the London, Liver-
PO9), and Bristol shipping firms ; and, although
they are slow to enter into contracts, there was a
general concurrence of opinion that the downward
progress of the trade has been arrested.
The make of pig-iron has been reduced by blow-
out furnaces. It is hoped that this movement will
lutve'the effect, in conjunction with the anticipated
Increased demand for mann factured iron, of check-
ing the downward price of " pigs," which are now
barely remunerative to the producer.
, At the great meeting of the trade in Birming-
nain on Thursday we shall be able to arrive at some
more definite conclusion as to its condition ; but
that there is more activity at this moment than was
observable a fortnight ago there can be no doubt
Whatever.