The Sun.
London, England, 1859-08-01 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.
The accounts received from the North of Eng-
land state that a gradual improvement has taken
place ix most branches of trade in the manufac-
turing districts. At Leeds during the past week a
seasonable business has been done in woollen
cloths, and most of the millowners are fully em-
ployed upon contract orders for the winter. Worsted
yarns at Bradford have been dealt in to a fair
extent, and the demand for piece goods for trade
use has increased. The inquiries for goods for the
United States and Canada still continue active, and
owing to the high rates current for the raw ma-
terial, prices show an upward tendency. Business
at Manchester has been more active. India goods
have been a shade higher. The inquiry for yarns
on Continental account has increased, owing to the
more favourable aspect of political affairs. The
hosiery trade of Leicester continues extremely
buoyant, the operatives generally being fully en-
gaged upon orders from the United States. In
South Staffordshire a slight improvement has
taken place in the value of iron, and at Birming-
ham, Sheffield, and Wolverhampton, business
generally has exhibited symptoms of recovery.
The Money Market continues very firm, although
it still retains a quiescent appearance. Within
the last fortnight the demand has augmented,
chiefly on commercial account, as business is gradu-
ally increasing, and at the same time the value of
accommodation has tended upwards, because
bankers and others seem to anticipate higher rates,
and consequently more remunerative employment
for their resources before many weeks have elapsed,
but the minimum remains at 23 per cent., the ap-
plications, although more numerous, were not press-
ing, and the bullion in the Bank of England is nearly
£17,500,000. Owing to the new Indian loan—the
particulars of which, it is reported, will transpire
this evening—the probable expansion of trade, and
other contingencies, the opinion, nevertheless, pre-
vails that the Bank Directors will be soon com-
pelled to vary their terms to 3 per cent.
The arrivals of specie this morning have been
very important, including £168,000 by the Prince
of Wales, and £260,000 by the Lightning, both
from Australia ; £81,402 by the Asia from New
York, and £4,221 by the Sultan from Lisbon.

The Liverpool Cotton Market on Saturday closed
quietly, and 7,000 bales were sold at previous
quotations. In Railway Shares the transactions
were limited, and prices remained without material
change.

A further sum of £30,438 was paid into the
Indian Treasury by the Madras Irrigation and
Canal Company, on Saturday, which, with previous
deposits, makes a total of £355,396 received by the
Secretary of State on account of the capital of this
company.

The Scinde Railway Company also paid the sum
•of £50,450 to the Secretary of State for India in
Council, making, with former lodgments, £195,485
ao the credit of the Indus Steam Flotilla.

At the meeting of the New Brunswick and
Canada Land and Railway Company to-day a
report was presented from the committee appointed
to inquire into the state of the company ; but it
was suggested that as it had only been seen by
the directors a short time before the meeting an
adjournment should take place to the 11th inst.,
When the directors would make their report to
the shareholders.

In the market for English Securities to-day
renewed depression has been exhibited, a decline of
about per cent. having taken place. Business
Continues very quiet, but there is a
larger supply of stock, and as the demand
is.. limited prices tend downwards. Consols
have been 95a for money and account.
The New Threes and the Reduced Annuities are
Ettt, at 941 to 95 ; India Stock has receded to 220;
ditto Loan Debentures, 1858, are steady, at 941,
but those of 1859 have declined to 93,1 ; and the
Exchequer Bills remain at 31s. prem.
Foreign Securities, which continue very dull,
have also been at reduced quotations. Turkish
6 per Cents. are 81 to 82, and the New Loan is
70 72, but the 4 per Cents. show no material varia-
tion. Spanish are steady, the Threes being 44 to
411, and the Deferred 321 ;. Mexican Stock is
181 ; and Brazilian 41 per Cents. have advanced
to 181.
In the Railway Share Markst, prices have
shown a further slight Klecline, most of the princi-
pal lines being about to 1 per cent. lower than on
Saturday. Great Western and Lancashire and
Yorkshire have receded ss. ; Great Northern, North
Western, Midland, and Stockton and Darlington,
10s. ; and North Eastern (Berwick), and North
Eastern (York), 15s. ; North Stafford, North
British, and South Western brought former rates.
The Foreign lines have been very inactive, but
Lombardo-Venetian have slightly improved ; the
Old shares were dealt in at 101 101, and the New
at 101 104. East Indian have improved to 98.
Great Indian Peninsula, are steady, at 951 96 ;
Great Western of Canada, at 14/ 141.

Joint-Stock Bank and Miscellaneous shares show
little activity, and prices generally are unaltered.
London Joint-Stock have declined about 55., and
Electric Telegraph and Royal Mail Steam realise
previous values.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities 94 5 41
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
1 ndia Stock
Ditto Debentures, 1858 94}
Ditto, 1859
Ditto Bonds, £l,OOO
Ditto under £l,OOO
( ousols for Account (Aug. 9)
14'xchequer Bills, £l,OOO, lid 3l 27
Ditto Small, Id.
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent
Ditto 18b9, 5 per Cent.
Prazilian 5 per Cent.
Ditto 41 per Cent. 1858 95 41
)Mexican 3 per Cent.
Ditto Account .. 18f
Portuguese, 1853, 3 per Cent.
Ditto Account
Spanish 3 per Cent —
Ditto Account
Ditto New Deferred, 3 per Cent. —
Ditto Account
Turkieh 6 per Cent —
Ditto Account
Ditto New Loan
Ditto Account.
Dividends on the above payable in London.
Belgian, 41 per Cent.,Ex. 25f -
Dutch Exchange, 12 Gull. 2/ per Cent 651

THREE O'CLOCK.
Consols, Money 944
Ditto Account

THIS DAY'S SHIPPING.

NirLownox, Aug. I.—Wind this day at noon, South-
esterly ; strong breeze, and fine, clear weather.
PoßTsmouTn, July 29.—Wind W., blowing hard.—
Arrived--Her Majesty's ship Urgent, from Woolwich;
aer Majesty's ship Agamemnon, from Liverpool ; her Ma-
jesty's ship Pigmy, from the eastward. Sailed—Thor, for
Adelaide, South Australia; her Majesty's steamer Hima-
laya, for Plymouth.
SotrniAmpToN, July 30.—Wind S.W.—Arrived—Sul
'an, steamer, from Lisbon.
ir SCILLY, July 30.—Wind N.W.—Sailed—Brisk, for
Lagos.

OW ELECTRIC TELEGRAPH.)
[SOUTHAMPTON, Monday Morning.
Wind W.N.W.
Arrived, July 30 and 31—Foyle, steamer, from Dublin ;
e Coq, from Cherbourg.

LIVERPOOL, Monday Morning.
Wind W.
Arrived, July3l—Chase, from Maceio ; Enock Train,
from Boston.
, Arrived, —Termisconta, from Cardenas ; Lord
Aaglan, from Aug.iahia.

(BY SUBMARINE AND BRITISH TELEGRAPH.)
GRAVESEND, Monday morning.
Wind W. ; tide, last hour's ebb ; weather very fine.
Arrived, Jul 31—Grethe, from Dantzic ; Rosa, from
Bahia.

Dm AL, Monday Morning.