The Sun.
London, England, 1859-04-11 00:00:00

CITY, Two o'CLocK.
During the past week the progress of business in
the various manufacturing districts has exhibited
little change of importance. The unsettled state
of public affairs both at home and abroad has inter-
fered very prejudicially with most branches of
commercial enterprise. At Leeds the transactions
in woollen cloths have been very limited, but in
light summer fabrics a fair amount of business has
been done, at satisfactory prices. At Bradford the
demand for piece goods has not been active,
but moderate orders are in hand for the
American markets. Worsted yarns, suitable to
the Continent, are dull, but in most instances the
manufacturers and operatives are fairly employed.
Business at Manchester has worn a very quiet
appearance; goods adapted to the Indian markets,
however, were a shade . firmer. No change has
taken place in the value of yarns, as the political
news from the Continent has checked purchases.
A rather active business has been carried on in
cotton hosiery at Leicester and Nottingham, but
scarcely any animation was apparent in the lace
trade. At Birmingham the iron trade continues
dull, although some orders have come forward for
the United States. In the various fancy trades of
the town and neighbourhood there is little change
of importance to record. At Sheffield and Wolver-
hampton some impetus has been given to business
by orders from Australia, and the advices from the
United States are considered rather more encou-
raging as regards all descriptions of hardware
goods.

The Liverpool Cotton Market on Saturday closed
with a very dull appearance, and 7,000 bales were
sold at barely previous values. In the Railway
Share Market business was inactive, and prices
declined to a considerable extent.
The Asia has been announced this morning from
the United States with £59,548 in specie.
The Peninsular and Oriental Company's steamer
Ripon, which leaves to-morrow, the 12th, for Bom-
bay, will convey £787,143 in silver, and £4,780 in
gold, making a total of £791,923, including £347,750
on Government account.
The probability of an early advance in the Bank
rate of discount is now a subject of conversation m
Monetary circles. During the last few weeks a
decided alteration has been exhibited in the general
symptoms of the market, and as there is every
prospect of an important absorption for loans,
besides an adverse specie movement, some modifi-
cation of the existing regulations is naturally anti-
cipated. Already the 2-.1 per cent. minimum has
been in force longer than many experienced
persons expected; but this, perhaps, is explained
by the stow revival of trade, and the discourage-
ment given last year to new speculative enterprises
of every description. Latterly, however, several
extensive projects have been brought forward with
success, including financial operations on behalf of
foreign States, and the Indian Goverement and
railways. These transactions, combined with the
Increasing requirements of commerce, have sufficed
to induce an upward tendency in the rates charged
for negotiating mercantile paper, and as fresh
channels are now being opened for the employment
of capital, diminished easiness is extremely pro-
bable.

A moderate amount of business has been reported
in the English Stock Market to-day, but the de-
cline noticed on Saturday has been arrested, and
more firmness has been occasioned by a few specu-
lative purchases. After such an important and
sudden reduction an upward tendency might have
been expected, but only a few dealings are
recorded, the operators being in a state
of suspense until further intelligence is re-
ceived from the other side of the Channel.
Consols have been marked 941 for money and
account, but the market is very variable, and, after
touching 94!, they are now 941, buyers. The New
Threes have :ranged from 93! to 93, and the
Reduced from 93: to 93-a. The New 21 per Cents.
reraained steady at 79. Exchequer
.Bills are 335.
to 365, prem. India Bonds 10s. to 12s. prem., and
the Debentures 97/ 1.
In the Foreign Stock Market the transactions
have extended to very few securities. Turkish
6 per Cents. have been 861 87/ ex dividend ; and
the present price is 87 to ex dividend ; the New
6 per Cents. have been 751 761, and 76 to 761 ; and
the 4 per Cents, are 102/ 1021 ; R ussian 4i per
Cents, are 99/ ; Spanish D eferred, 30 ; Mexican,
209 ; and Dutch 4 Der Cents., 98;1.
In the Railway Share Market the dealings have
been rather extensive, but a further depression of
about -} to 1 per cent. has been recorded in the
values of most of the principal lines. Lancashire
and Yorkshire, South Western, North Midland, and North Eastern (Berwick Western,
), have de-
, elined 10s. ; Caledonian, Eastern Counties, and
North British, lts., and South Eastern, £l. The
Market, however, is now rather firmer.
The Foreign lines have exhibited little varia-
tion of importance. Lombardo-Venetian have
declined about ss.
In the Colonial Market business has been flat.
Grand Trunk of Canada have receded £1 to £1 10s.;
and Great Western of Canada, ss. ; Great Indian
Peninsula and East Indian are also at reduced quo-
tations.
Joint-Stock Bank and Miscellaneous Shares show
a downward tendency. London and Westminster
are at 49;1 ; Peninsular and Oriental Steam at 81 ;
and Red Sea Telegraph at 108.
HALF-PAST TW 0.
The Funds have improved about I per cent.,
Consols being 96/. An improved feeling is appa-
rent in all departments of the Stock Exchange,
.cr,hiefly in consequence of a rally on the Paris
siourse.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
-caul( Stock
225 3
3per Cent. Reduced Annuities
99341 j
1 1 1 per Cent. Consols Annuities
2 4
Now 3 per Cent. Annuities 93
I I I
New 21 per Cent. Annuities
India Stock . 79. ........
Ditto Bonds, £l,OOO
...:
Ditto under £l,OOO . (May ...
10 12 p
Consols for Account 5)
....... 94i
March. June.
Exchequer
Bills, £l,OOO, 2d. & 11d.. 36 3 i
'-'zcheCiuer Bonds, 1859, 35 per Cent •. • . 99i
grazili ICES OF FOREIGN FUNDS AT ONE O'CLOCK.
an 5 per Cent.
tibitto 1852, 41 per Cent ...... 941
,ezican 3 per Cent
1, "ittO Account
°lllltuese I) Account' 3 per Cent.
45
it
itto
tan. 1822, £ St., 5 per Cent — •
±
Ditto 41 per Cent.
l'abish 3 per Cent.
Ditto New Deferred, 3 per Cent T-4
—B7 4- 62 x d
,I, itto Account
riEh 6 per Cent
itto Account
1,1),it,t00 New Loan
Account
764 50 6
Itt
-',
Ditto Guaranteed, 4 per Cent.
Ditto Account
V. 4 Dividends on the above payable in London.
lltthe n 10 Fl, 5 per Cent. 6O!
bich exchange, 12 Guil. 21 per Cent —
tto Certificates, 4 per Cent.
____

TWO O'CLOCK.
Consols'for Account (May 5) .... 94 l'buYerg

01 ; -Lord Cowley, the British Ambassador in Paris,
, expected to arrive in London either to-day or
Lo-Inorrow•
At Valencia, ii Spain, a new religious sect has
been formed and has elected a Pope and cardinals of its own.
The journals say that the persons composing it are mad.
Marshal The only daughter of Condorcet, niece of
de Grouchy and Cabanis, and widow of Lieute-
ktut-General O'Connor, died suddenly in Paris a few days
4ko, in her 69th year. The body was conveyed for inter-
,kent to Bignon (Loiret), where, according to her express
desire, it was buried without
any pomp. She had sur-
/lived her three sons and her husband.
ORE NEW ACT ON TIIE INDIAN LOAN.--On
atlirday the new Act to enable the Secretary of State in
0;1111161 for India to raise money in the 'United Kingdom for
abet eorvice of the government of India was printed. This
rejessed the House of Lords on Thursday, and on Friday
tiCived
il the Royal assent, in order to despatched with
ti: Ma to be India this day (Monday). There are twelve
ctillees iu the act, working out the preamble that, in conse-
to °hoe of the recent disturbances in India, it is e9edient
reyteiBo money in the United Kingdom on the credit of the
or ettoks of India. The sum to be raised by the Secretary
,ivilitate in Council for India is not to exceed Z 7,000,000,
litt:fril may be raised by bonds or by debentures,. and
4 eu on the revenues of India. The interest is payable
het,, N on. This act is not to affect the powers of the
Ott to raise money.ary of State in Council for India given by the former
‘