The Sun.
London, England, 1859-03-21 00:00:00

AIION EY MARKET AND CITY NEWS.

CITY, Two o'CLocK.

The advices from the various manufacturing dis-
tricts state that during the past week there has
been little change of importance in the general
Prospects of trade. At Manchester the market has
been flat, and prices have been in favour of buyers,
the warlike rumours from the Continent having
interfered with the demand for the German
markets. India goods have been in very limited
inquiry, owing to the unfavourable advices from
the East by the last overland mail. A fair amount
Of business has been done in goods suit-
able to the home trade, and yarns have
been moderately active. The woollen cloth
trade at Leeds has been dull, except for
light fabrics, which have found ready buyers at
fully late rates. Heavy and medium cloths, how-
ever, have been difficult of sale. Prints have
exhibited no material alteration, and manufacturers
are in most instances well employed upon contract
orders. At Bradford operations have been checked
by the aspect of political affairs abroad ; but for
home requirements there has been a good inquiry
for worsted yarns. Piece goods have been at steady
rates, with a fair demand for the United States ;
and light goods, adapted to the season, have been
inquired for to some extent for home use. At
Nottingham no alteration can be reported in the
lace trade, but the hosiery business con-
tinues active. At Leicester increased acti-
vity has been apparent in all descriptions of
hosiery, but less activity has been experienced in
Worsted goods, but, upon the whole, trade is con-
sidered in a very healthy state. The iron trade of
South Staffordshire constinues moderately active,
as most of the principal firms are tolerably supplied
With orders, and prices continue steady. At Bir-
mingham some animation has been given to the
gun trade by large orders from the Ordnance De_
partment of the Government, but the general fancy
trades of the town are dull. At Sheffield, Walsall,
and Wolverhampton business has been steady, but
not brisk, the demand for Canada and the United
States having fallen off. - _

The Liverpool Cotton market on Saturday exhi-
bited rather more animation, and prices recovered
the previous decline. The sales were estimated at
10.000 bales. In the Railway Share market a fair
amount of business was transacted, and prices in
some instances slightly improved.
Although the demand for discount is still active,
the market presents rather a quieter appearance.
The supplies continue liberal, which prevents any
important advance in the terms charged for accom-
modation to the commercial classes, who are evi-
dently endeavouring to push business as far as may
be consistent with the requirements of home and
foreign markets. At the bank minimum of 2,1
per cent., and in some instances even lower, first
class paper is readily negotiated ; and while the
absorption for State loans and other financial and
joint-stock purposes is kept within moderate limits,
easy rates will no doubt prevail.
The imports of specie during the last few days
have been considerable : during the past week• they
amounted to £563,000, and this morning further
supplies are announced, the Magdalena, from the
West Indies, having brought £113,600. Small
'withdrawals of gold from the Bank of England
are still reported, about £lO,OOO having been sent
away on Saturday.
The market for Public Securities opened
buoyantly, and an additional improvement of
to fi per cent. took place ; but it was not
sustained, for sellers soon afterwards ap-
peared who caused a slight reaction. The ope-
rators on this occasion were no doubt desirous of
securing their profits after the recent advance,
and the market being still rather sensitive a few
transactions, either way, produce an impression.
There is a disposition to look with greater confi-
dence to the arrangement of the existing com-
plications abroad, but at the same time it is
admitted that many difficulties may occur, be-
fore it shall be completed. Consols, which at one
time advanced to 96 -2-, have since been 96 I.
Exchequer Bills are 345. to 375. pm., and India
Debentures 981 - .

In the Foreign Market numerous transactions
have taken place, and prices exhibit no important
changes. Turkish 6 per Cents. were 931 to 94,
and they are now 931 to 94; and the New 6 per
Cents. are 801 ; Spanish 3 per Cents. are 301 t-;
Russian 5 per Cents., 1111 ; ditto 4 per Cents.,
100'4 101 ; Peruvian 3 per Cents. are 743 ;
, Grenada Deferred, 51 ; and Equador, 161. In
Mexican stock a large business has been done, and
an advance to 201 211- has been produced by an
arrangement entered into by Captain Dunlop and
the local authorities, which secures a large and
regular assignment of duties for the dividends.
Business in the Railway Share Market has been
extremely buoyant, prices having fully sympathised
with the upward tendency exhibited in Consols,
the advance, compared with Saturday's prices,
being fully to 1 per cent. Caledonian, Eastern
Counties, Great Western, Blackwall, North
Western, Midland, and South-Eastern have im-
proved 10s. Lancashire and Yorkshire, South-
Western and North British 155., and East
Lancashire, Brighton, North Eastern (Berwick),
Oxford, Worcester, and Wolverhampton £l. Most
of the other lines dealt in brought a slight ad-
vance on previous quotations.

In the Foreign Market prices have also exhi-
bited an upward tendency. Northern of France
have improved 10s. ; Paris and Lyons, 10s. ;
Lombardo-Venetian Old Shares, ss. to 10s. ; and
the New Shares, 10s.

The Colonial lines are in most instances at im-
proved quotations. East Indian have been dealt in
at 1041 10411 Great Indian Peninsula at 102 to
1021 ; Grand Trunk of Canada at 351 351 ;
and Great Western .of Canada, at 15 151;
The new East Indian undertakings are also in
moderate favour at fully late values.
Joint Stock Bank and Miscellaneous Shares fully
support previous rates. Bank of Egypt have
advanced ss. ; London and Westminster, ss. ; and
London and County, ss. Canada Land, Electric
Telegraph, and Red Sea Telegraph, realised about
former values.