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

MONEY MA RA ET ,4 Nn CITY NE"-

CITY, Two o'CLocu.
The accounts received from the North of Eng-
land state that a gradual improvement has taken
place in 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 21 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
ether contingencies, the opinion, nevertheless, pre-
vails that the Bank- Directors will be soon com-
pelled to vary their terms to 3 per cent.
'rho arrivals of specie this morning have been
very important, including £168,000 by the Prince
of Wales, and £260,000 by the Lightning, both
...-"°131 Australia ; £81,402 by the Asia from New
York, and
£4,221 by the Sultan from Lisbon.
quietly,
The Liverpool Cotton Market on Saturday closed
and 7,000 bales were sold at previous
quotations. In Railway Shares the transactions
Were limited, and prices remained without material
change,
further sum of £30,438 was paid into the
banal
Treasury by the Madras Irrigation and
fa'Anal Company, on Saturday, which, with previous
:1/"its, 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
ot.
e £50,450 to the Secretary of State for India in
tomaking, with former lodgments, £195,485
!Ile credit of the Indus Steam Flotilla.
Canada Land and Railway Company to-day a
tel3°rt was presented from the committee appointed
Iva? 'Piro into the state of the company ; but it
the suggested that as it had only been seen by
ad° directors a short time before the meeting an
narnment should take place to the 11th inst.,
ethe directors would make their report to
shareholders.
In
I.en,, the market for English Securities to-day
abol: eid depression has been exhibited, a decline of
%Lit. 4 Per cent. having taken place. Business
nraes
]al, very quiet, but there is a
is suPPIY of stock, and as the demand
h limited prices tend downwards. Consols
The be
en 951 a for money and account.
flat New Threes and the Reduced Annuities are
at 941
ditto L to ; India Stock has receded to 220;
but th °au Debentures, 1858, are steady, at 941,
Exchequerf 1859 have declined to 932 ; and the
Bills remain at 31s. prem.
L-vreign
Securities, which continue very dull,
time als
per e o been ut reduced quotations. Turkish
70 72, buellttB. are 81 to 82, and the New Loan is
tick the 4 per Cents. show no material varia-
-44, an'aPanish are steady, the Threes being 44 to
1!)1; the Deferred.. 321 Mexican Stock is
1.0 183nd Brazilian 41 per Cents. have advanced
Crwriis Railway Share Market, prices have
Pal lin2 further slight decline, most of the princi-
s„, us being.
about to 1 per cent. lower than on
Yke
te Great Western and Lancashire aend
snire have receded ss. ; Great Northern, North
10x,,.
•;
and North Eastern (Berwick), and North
sEera
1°11), 15s. ; North Stafford, North
South Western brought former rates.
lines have been very inactive, but
I:4llm.belr'Eq_a°Ullrdei
l
oold-Venetian have slightly improved ; the
shares were dealt in at 10=4, 101, and the New
at lot iv
gP(4_4, 4,4' M • East Indian have improved to 98.
( Indian
eninsub. are steady, at 951- 96 ;
Western of Canada, at 44,1 141.
nint-Stock Bank and Miscellaneous shares show
little act'
to witY, and prices generally are unaltered.
ndo Joint-Stock have declined about 55., and
Ele`4tric Telegraph and Royal Mail Steam realise
Previous values.

THIS 1./T18E( FUNDS THIS DAY AT ONE O'CLOCK.
3
2 Per Cent. Reduced Annuities 94- 5 44
per Cent. Consols Annuities
India Stock
220
...
Ditto Debentures 1858 .
DDitto, 1859 , ..' .•
Ditto Bonds, £l,OOO
9-3
itto under £l,OOO .. ****************
( onsols for Account e.A.a..2:.9i ************
74-
DI. xch-Nuer Bills, £1,000,-ita
********** 94-i kl .
itto Small, lfd. .......... . ********** 'el
PRICES OF FOREIGN' FU. 'N..D. *** A—T. * •
ONE O'CLOCK.
Brazilian 5 per Cent. .
**
Ditto 4t per Cent. 185.B.*
Mexican 3 per Cent. .. .
Ditto Account ...........
Span'sh 3 per Cent .....................18
........ ..
...
Ditto Account
Ditto Now Deferred, 3 per Cent 44t 4
Ditto Account Turkish 6 per Cent
Ditto Account
Ditto New Loan
Ditto Account
.. 1i i
Ditto Guaranteed, 4 per Cent.
)3 Dividends on the above payable in London.
elgian, 4t
98 lilltch. Exchange, 12 Guil. 2f per Cent 651
944
TWO ()'CLOCK.
Money ............ 2-
Ditto Account
Thr

, -.e Trieste Gazette announces that General Ur-
ran, tall, commander of Verona, who, the English public will
member, distinguished himself by his atrocities during
the Austrian invasion of Piedmont, has been placed on the
1'61410. list, and has been succeeded by General Baron
Wernhardt.
Wd
WRY A. Snip Is CALLED " SIIE."—" A ship is
the
coale she," says old Robinson, " because man knows not
expense till he gets one, because they are useless with-
out emloynt, bcause thy look best when wl rigged,
becausep their valuee e
depends Upon their age, because they are upright when in stays, because they bring news irora
abroad, and carry out news from home.'
The arrangements in connection with the esta-
elhillinent of the Australian and New Zealand Rooms, in
'Tcelubination with that well-known place of mercantile re-
arit the Jerusalem Coffee-house, have now been brought
est to completion. This establishment is now a place of
t.'lti,23' meeting for persons interested in the Australian colo-
-.l
availa as is natural, considering that it is the most readily
ble source of information upon all Australian matters.
THE
Liberals REPRESENTATION OF WAKEFIELD.—The
hgi h liS have already brought out Mr. Childers, the late
Nr rtiaueriff. It is understood that Mr. James Stuart Held eY, late Recorder interest t ity of London, is in the
In the Conservative i
re A letter from Berlin of the 27th says :____,‘ The
placing of the army on a peace footing is being
landwehr
step by step. The greater part of the
have been sent home, and an order was signed yes-
Zterday to discharge the rest, so as to have the army
-established on a peace footing by the Ist August.
I.IIY the officers and non-commissioned officers
Will remain in the regiments of the landwehr, and
they are retained in order to effect more easily
e reorganisation of the army by the fusion
;tof the first ban of the landwehr in the perma-
encentt of ou army. In spite of the vaunted excel-
at r military institutions, it cannot be denied
ttiat they
cause any warlike movement to be ex-
ceedingly expensive and very prejudicial to the in-
t
the ex-
ceedingly of the country. It is to be hoped that, after
recent experience, the Chambers, which are too
Partial to the old patriotic name of landwehr, will
110 longer refuse the projected transformation. A
commission has been formed in the Ministry of Ma-
rine to prepare plans for protecting the Prussian
coasts. It is believed that the fortresses situated on
the sea will be strengthened, and that batteries will
be established on the points of the coast which
raost menaced." are