The Sun.
London, England, 1859-04-18 00:00:00

CITY, Two o'CLocK.
During the past week the progress of business
in the various manufacturing districts has exhibited
little improvement, the unsettled state of political
affairs on the Continent, and the excitement conse-
quent upon a general election at home, having
in a great measure interfered with the usual
course of trade. At Bradford there has been a
general slackness in most departments, and in
worsted yarns and piece goods the dealings havebeen
confined to a few orders for home use. The spinners
and manufacturers, however, are fairly employed
upon contract orders. No change can be reported
in the woollen cloth trade at Leeds. Upon the
whole a very quiet tone prevailed both in the
warehouses and in the cloth-halls, and trade
generally is suspended, except for immediate
wants. At Huddersfield there had only been a few
buyers in the market, chiefly for light fabrics ;
prices, however, were steady,:aiad the manufacturers
in the district were, in most instances, working full
time. The hosiery trade a t Leicester continues
active, and prices are well n 3aintained both in the
cotton and worsted departmonts. At Manchester
all descriptions of cloths hare. been very inactive.
Prices of India goods have be en firm, holders show-
ing no disposition to give way. The iron trade of
South Staffordshire continues inactive, with little
change in prices; rather more bitsiness, however, has
been transacted in railway iron, some large con-
tract:3 for most of the principal lines being in the
marlcet. Among the general trades of Birmingham
there is little activity; and, in, some branches,
owing to the season of the year, the operatives are
out of employment At Sheffield and Wolver-
hampton a slight improvement can be noticed
in the general hardware trades of the districts, and
rather more activity has prevailed:4 n goods for the
American markets.

Several heavy payments recently effected in
connection with loans and railway capital, have
supported the general demand for money, and the
market during the last few days has received a
decided stimulus from an instalmeiat of £250,000
on the new shares of the East! India Railway
Company, and the preparations for the new East
Indian loan of £7,000,000. Previous rates are
consequently charged for —iiieommodation,
namely, 2-1- per cent. for bills of the
highest class, and there is an upward
tendency. Most persons seem to anticipate higher
quotations as the inevitable., cc:nsequence of the
large sums absorbed through various channels,
which have already diminished the plethora gene-
rally experienced throughout last year. Acting
upon this opinion, bankers and brokers are disposed
to increase their terms, arid it would not create
much surprise if the Bank Court should carry the
Minimum to 3 per cent. before many weeks have
elapsed.

Failures are now comparatively of rare occurrence,
•and although at intervals
.a few are recorded they
are seldom of magnitude. It transpired on Satur-
day that Messrs. White and Co., bankers and East
India army agents, of the Haymarket, were in
difficulties, but their liabilities, it is estimated, will
not exceed £40,000,
In the Liverpool Cotton Market on Saturday a
very moderate business was transacted, and 5,000
bales were sold at previous values. The Railway
Share Market closed quietly, and prices were un-
altered.

About £44,000 in gold was withdrawn from the
Bank of England on Saturday.
The steamer Parana, which leaves to-day for the
West Indies, will convey £4,500, nearly the whole
of which is silver.

To-day a call of £2 10s. per share, or £50,000,
becOmes due on the East Kent Railway.
SYmPtorpiB of depression have been exhibited in
the market for Public Securities to-day, chiefly in
e°9sequeTleo. of •the impending explanations with
regard to• the state of continental politics. No posi-
tive opinion can be formed of the probable character
of theirsformation which the Government may be able
t 9 .fJ;:l§ish., and purchases have been almost sus-
pendid: Under these circumstances a few sales
have been sufficient to produce heaviness, and Con-
9911ihave receded about I per cent., viz., to 941 I
fop money and account. The present quotations,
laieVer, are 941 and 94i, buyers respectively,
ileing firmer. The New 3 per Cents. and the Re-
duced Annuities are 93a 8 ; India Debentures are
961-, 97 ; and Exchequer Bills, 335. to 345. prem.

A very small amount of business has been re-
corded in the, Foreign Market, and the quotations,
though flatter, show very little alteration. Turkish
6 per cents. have been 861 87, and the New issue
761 77. Transnctions are recorded in Spanish 3 per
cents. Deferred at 301- 1, in Sardinian 5 pei cents.
at 77 to 78, in Venezuelan 5 per cents. at 41, in
Mexican at 201, in Peruvian 41 per cents. at 90, in
Milian 6 per cents. at 102, and in Buenos Ayres
at 80.

On the Ist proximo the dividend is due on the 5
per cent. Austrian Bonds, and on Belgian 4-3. per
cents.

In the Railway Share Market prices have shown
a downward tendency. Caledonian, Eastern Coun-
ties, Great Northern, Lancashire and Yorkshire,
North Western, and North British and Brighton
have declined 55.; and East Lancashire and South
-;astern, 10s. ; Great Western and Midland have
improved se.
The Foreign lines are very inactive, and Lora-
horde-Venetian show a further depression. The
Old Shares are dealt in at 8k 81, and the New at
8 and 81 ; Antwerp and Rotterdam realised 41; and
Pernambuco, 71.
In the Colonial Market there has been rather
more business. Grand Trunk of Canada have ad-
vanced ss. ; Great Western of Canada, ss. ; and
East Indian, ss.
Joint Stock Bank shares are flat. London Joint
Stock, London and County, and Union of London
have receded about ss.
A In. the
./Vliscellaneous Share Market Australian
grletatural Land declined 155.; Electric Tele-
graph, 41

Bank.
siStoRcIkTISII. FIJND. S—CLOSING PRICES.
...
3 per Cent. Reduced 223
3 per Cent. Consols Annuities 93i ! ,
New 3 per Cent. Annuities . ********** 94 • 41 g
• •.• • ..... • 9 Long Annuities, expire sth Jan. um. 3ii
171 13-16
expire sth April, 188•51:
Ditto 30 Years,
India Stock ............ . —
Ditto Debentures
Ditto Bonds, £1,000
Ditto under £l,OOO .... .. . . 4 8 10
Consols for Account (May 5) . .... . ..... • 041 i 5
March. Jane.
rzchequer Bills, £l,OOO, 2d. & 11d.. 34 6 1 .
Ditto X.. 500
Ditto. Small I.o'
FOREIGN FUNDS—CLOSING PRICES.
Buenos Ayresi 6 per Cent ...... ''un '• •
_ Ditto Account • 80
Illlian, .0 per Cen.t
NAcan,3 per Cent 2o'
1
.be ?too Account
20
' 'llYian 4i per Cent -
.., Ditto Account
•".48sian, 1822, £ St., 5 per Cent —
is,..
arpiDiinitto 41 per Cent
Spanishani 5 er Cent 3 perp Cent. 77 8
Ditto New Deferred, 3 per Cent —
, Ditto Account
llurkieb. 6 per Cent.
Ditto Account
Ditto New LOan vDitto Account
enezuelan 5 per Cent.
D Dividends on the above payable in London.
ttcjh Exchange, 124 Guil. 21 per Cent 631 i
u•tto certifkais, per Cent.
• THREE O'CLOCK.
Consols, Money 94i 5
Consols for Account (May 5)

TAE LATE COLLIERY INUNDATION NEAR NEATH.
,_
hat--41otveithstanding the efforts of the managers to lower the
weeer in the pit by the aid of engine-pumps, their efforts
kseen only successful in a very, small degree and some
io7 must elapse before the water eau be sufficiently
th erecl to admit of any person entering the pit to seek for
a bodies of the ill-fated miners. Mr. Evans, the Govern-
. P
wa ellt bailie inspector, has paid several visits to the spot, and
tile provpites of the measures taken to pump the water
from
miiiall BAILIFF OF SOUTHWARK. The Lord
ofa,,Y9r has fixed the election of a gentleman to fill the office
'llgh Bailiff of Southwark for Thursday, the sth of May
,ext, the Government having determined that the appoint-
111,ent should be filled up by the corporation ; the party
tilllected, however, not to be in a position to claim any retir-
, allowance in the event of the office beingjtbolished by
rn,".,? proposed Corporation Reform Bill. Thnalary (inde-
i;l,a.pPy of fees, which will be but of trilling amount) is
~401.0cOomiaiguinonea
pourne caini.ritint, The appointment is Tested