The Sun.
London, England, 1859-07-05 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocit.
The markets for Foreign and Colonial Produce 12.10 Amberg., Notting..Bost
during the last few days have exhibited very little. 50 andThealtfiadi:asteri.Juntstion
twig-amnia_
13.14 Bir., Wol., and Mr. Val.
animation. In sugar, the uncertainty felt relative Stook Birk., Lane., and Chesh.
to the course the Government may adopt with re- Junction
rn
gard to the duties, has in a slight degree in- 25 25 111117 b
thaund Tyne
terfered with business. Tea has also been inactive, Stock Bristol and Exeter
Stock Caledonian __• • • •
_

owing to the non-arrival of the advices by the Over-
land Mail. For coffee there has been a very limited

Eck Chester and Holyhead
0 Cork and Bandon
0 Cork, Blkrook,&Passage

inquiry and only small quantities have been offered
at public sale, late rates being with difficulty
maintained. Rice has been .in good demand and
at rather:firmer quotations. The inquiry for salt-

. --
',O Corn Wall
0 Do. A A rcves. no div
until6p.c.per an
0 Do. B hasbeen pd.toß
i 0 Dublin andßelf ast Juno
~5 Dun.,Perthot Abr.Junc
vir East Anglian .

petre has been rather more active, but little altera-
tion can be recorded in values. Tallow is dull, and st
st,
to effect sales rather lower rates have to be accepted.

lc Eastern Counties
k Eastern Union A Stock
k Do. do. B Stock
Do.Nw.A.(lte.E.U3ds)
East• Kent _

Accounts from Liverpool mention that in the SiC;ck
EEast Lancashire
East Suffolk
Cotton Market yesterday business continued very rg
steady, and prices of all kinds were unaltered. Stock Edinburg
m.e.xds, Glasgow
The Railway Share Market closed quietly, and lo Fort]; & Clyde Junction
Stock Furness
previous rates were barely supported. Stock Glasgow& South Westn
StocklO Garreeaat North Scotland
*The dividends which are due to-day at the Bank
of England, and the East India House will proba- ROI Do. do. B stockbly cause a further diminution in the demand for Stoc Gt. South.& Wstn.(lreld)
money. It has already abated, owing to the comple- roccritgr.Rstrii G ua. stk
tion of the commercial engagements, which arrived 50 11? s ZirthanEd"grriliele.
at maturity yesterday, and in the course of a few 161 Do. Thirds
days lower rates may be freely accepted by bankers Mal Do. New
and bill brokers, among whom an active competition 16 Do. do. F 216
9 Do. do. £9 shares
;,still exists. 3 Do. West Riding Union
There is a steady improvement in the value of strek Eoo
ii Southportonan iilackw
• the Rentes, and the movement produces a buoyant Do.Newiss.at 2510spa.sihi:
tone on the Stock Exchange here. The success sstrockk ionieon3llZAsivceligit
which has attended the French arms in the South s trot EooloiiirlAsou. South-Westn.
naturally exercises a favourable influence on the Z' s 5 LleerrirrY & =AZ—
Bourse, where the speculators are induced to ope- Stoc :Man., chef., & LinColn :1
rate for a rise, especially as the course of events Stock itelaolpialitan
appears to indicate the probability of an early Stock Do. Binning. & Derby
60 Mid. Gt. West. (Ireland)l

restoration of peace.
There were no bullion operations at the Bank of 9
England yesterday.
The silver by the last West India packet has st 4
been delivered, but no price has yet been fixed. st 4
The market remains quiet at ss. 21d. per oz. for It
ban.
st
There is very little animation in the Market for Si
:Public Securities to-day, but further indications si
Hof bouyancy have been developed. Soon after p.
business commenced a rise of about per cent. was
itablished. Consols advanced from 931 4to 932 .

25 Do. i Shares
00 NeWcastle and Carlisle
25 New., Aber., & Herefd
10 Newry & Armagh (def )
20 Newry, Waypt., & Ros
1
Lock Norfolk
50 North. Counties Union
nek North British
odc lior.Dev.Rail.&Dk. Stk l
ock 9°41. Stk.— Arec.no div 1
until=hasbeenpdß
took Do. E _
took North-Est.--Berwick
25 Do. do. G.N.E.Payehase
Lock Do. Leeds
Lock Do. York . . ......
took North London
10 N. &S.Westn., Hampstd
and City Junction
20 North Staffordshire,,

ies
'since then, however, business has been recorded
at 931 1, showing a partial relapse. Upon the S
whole, however, the market is exceedingly firm,
and there is evidently an upward tendency. Bank
,Stock has improved to 2191 and 222 ; the New
'Threes and the Reduced Annuities to 931 949 ;
and India Loan Debentures, to 944 95. Exchequer

North-Western
.0 No. & Sou. W. Junction
ock Oxford, Wor.,& Wolver
[0 Peebles
Portsmonth
10 Ithyn:o2ey
ock Scottish Central
ock South. N.E., Aber. Stock
-..ock Do. Scottish Mid. Stock
Stock Shropshire Union
10 Sittingbourne & Sheer ,
Stock South Devon

Bills are 225. to 245. prem.
In the Foreign Stock Market business con-
tinues moderately active, and prices generally
show a further improvement. Turkish 6 per Cents.
are 771 to 781 ; ditto New, 631 to 641, and the 4
per Cents. have advanced to 103 s 1 ; Brazilian 41
'per Cents. to 921, and Spanish 3 per Cents. to 411
and 4217 ditto Deferred to 301 a ; Dutch 4 per
Cents. to 981, and Mexican to 181,1 ; Venezuelan
New 21 per Cents. are marked 271.
Business in the Railway Share Market has been
rather inactive, and prices have varied to the ex-
tent of about 1 to 1 per cent. Eastern Counties
have improved £l, and Lancashire and Yorkshire,
London and North-Western, and Manchester,

giocicTSOah-Eastern
Stock South Wales
20 SouthYorks.&Riy.Dun
20 Do. do.
20 Staines, Wok., & Wek
25 Stockton & Darlington
25 Do. do. 1855
25 Do. do. 1858
Stockton is ilartlepool
Stock Taff Vale
Stock Do. Preference, No. 1
25 ThamesllayenDk&ltsll
Stock Vale of Neath
Stock Waterford & Kilkenny
50 Waterford & Limerick
20 West Cornwall
10 W-eud Lon. & Cry. Pal
5 Do.A.—Arecv.nodiy.till
7 p.c. has been pd. to B
5 Do. B
20 West London
10 Do. Ist Class
20 Do. 2d Class

Sheffiield, and Lincoln, ss. Midland and Great

Northern have declined 155., and South-Western 10s.
In the Foreign Market the trasactions have been
exceedingly limited. Lombardo-Venetian old shares
improved to 71, 711, and the New Shares to 7.1

Bahia and San Francisco were dealt in at 31, 51.
The colonial lines have been a shade firmer
Grand Trunk of Canada advanced to 351 361.
Great Western of Canada are steady at 15, and
East Indian at 1021 1021. Great Indian Penin-
sula have receded to 98-1.
Joint Stock Bank and Miscellaneous Shares have
shown few variations. Union of London have im-
proved 55., and Red Sea Telegraph are also a shade
firmer.

BRITISH FUNDS—CLOSING PRICES.
!Bank Stock
:3 per Cent. Reduced Annuities 94h 3ii
Now 3 per Cent. Annuities
-Inklia Stock
Ditto Debentures
Ditto Loan Scrip
Consols for Account (July 8) .. 934 i I i
Exchequer Bills, £l,OOO, lfd 22 4 2
Ditto Small, lid. 25
FOREIGN FUNDS—CLOSING PRICES.
IBrazilian 6 per Cent.
Ditto 1858, 41 per Cent
Ditto 41 per Cent. 1852..., 921 3
Me.xican 3 per Cent.
D.ltto Account
Russ.jan, 1822, £ St., 5 per Cent. —
Ditto 41 per Cent.
Portugaese, 1853, 3 per Cent.
Sardinian, a per Cent. Bl
kpanish 3 per Cent.
Ditto Account
Ditto Now Deferred, 3 per Cent. —
.Ditto Account
Spa:J.o.2h Com. Cert. of Coup. not funded 4 1. 1
Turlish 6 per Cent.

18; i

Ditto Account ' n 8 7
Ditto New Loan
Ditto Account
Ditto Guaranteed, 4 per Cent.
Venezuelan 5 per Cent. —
Ditto Deferred 22 per Cent.
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Cent.
THREE O'CLOCK.
Consols for Account, July 8 .... 931 2 x d

SUPPRESSION OF THE SLAVE TRADE.—In the
opinion of most people who look upon the scene from a
distance, the greafnoise made of late by the American people
anent the right of search, has arisen from a desire to per-
petuate the slave trade. Their own laws, equally with those
of Great Britain,, condemn the traffic as piracy, and hold
those engaged in it to be worthy of death. But their attempts
to put an end to it have been a sham ; the force they have
maintained upon the coast of Africa is altogetherinsuf-
ficient, and their denial of the right of visit has had the ef-
fect of allowing the trade to be carried on with comparative
impunity. By a telegraphsc despatch from Washington, we
are glad to see that President Buchanan is about to disprove
-the charge made against his country. It is said that the
British Government has complained of the inefficiency of the
American squadron upon the African Coast, and that mea-
sures are to be taken to strengthen it iinmediately. By this
proceeding the American Government will give evidence
of its wish to put an end to the abominable traffic which
some of its own citizens seek to justify. The visit of a
British officer to one of their merchantmen has occasionally
roused the fury of these fire-eating Southrons ; but in our
opinion they will find much greater cause for that feeling
in the fact mentioned in the Washington despatch—that no
less than 25 slave-vessels have recently left the African
coast under the protection of the stars and stripes. In the
course which Mr. Buchanan has taken he will doubtless
meet with the bitter opposition of the slave power. If he
had to deal with a body of men who respected the laws of
morality more than those of a barbarous and unprincipled
" honour," the mere fact that a treaty exists by which. the
United States are bound to do their utmost to suppmees this
traffic in human beings would be a sufficient answer to
their objections ; they would seek a repeal of the engage-
ment rather than an evasion of their obligations. But so
that they gain their ends they care little by what means.—
Toronto (West Canada) Globe.
STEAM PLOUGHING AT IPSWICH.—An interesting
trial took place at the meeting of the Suffolk Agricultural
Soc ilety at Ipswich, on Friday, of the steam ploughing appa-
ratus of Mr. J. Fowler, and of the steam cultivator of Mr.
Smith, of Woolston. The engine exhibited by Mr. Fowler
was com-tructed by Messrs. Ransomes and Sims, of Ipswich,
and is about to be shown at the great meeting of the Royal
Agricultural Society at Warwick. The price of the whole
apparatus (L-minding engine) has now been reduced to £670,
and the work done was certainly very effective, the plough,
which comprises three shares, turning over the soil in a
rapid, regular, and satisfactory manner. The cultivating
apparatus of Mr. Smith can be set in action by an
cftnlarY portable agricultural engine, which can be after-
wards applied to other pin-poses, and the cost of the
cultivator, steel ropes, windless, &c., is about £2lO, The
principle upon which Mr. Smith proceeds is not that of
ordinary ploughing, but of " smashing up" the soil laterally
and
longitudinally, so as to expose it to the action of the
elements, and at the same time render weeds easy of re-
.-moval instead of merely covering them up as in ploughing.
Messrs. Howard, of Bedford, have brought out Mr. Smith's
apparatus. The subject formed a prominent topic of after -
0-inner discussion, and Mr. J. Allen Ransome expressed
opinionthat, many discouragements and difficulties hay-
int; been overcome, the time had at last arrived when the
steam plough had become available on farms of large ex-
tent,especia y in autumnal cultivation, as it would enable
a large
aoonnt of work to be done expeditiously which
could not e
stherwise be executed without a great number
of horses, whOee
treading on the soil would, to some ex-
tent, counteract the effect of the tillage.
REMARKABLE PHENOMENA DURING THE STORM.
—A correspondent, writing from L
YwhiSto2l, Hants, says
that during the storm an. Saturday, which cominenced there
at seven r' clock in the eiTening, "'The heavens were dis-
charging a perfect deluge of ice-bolts --wedgee of ice in '
every shape and size ; they exceeded three ruches round,
and some picked up were as big as oranges, some es small
as pullets' eggs. I saw them hi white heaps all over the
lawns ; they melted away like PROW. In falling they hroke
all the windows to the north-west. The windows in every
direction for miles were broken, causing damage and waste
inconceivable ; 170 panes were broken in one dwelling. By
half-past ten p.m. all was calm and still as possible.'