The Sun.
London, England, 1861-07-15 00:00:00

MONEY 31zIRKET AND CITY .N.EIVS.

CITY, Two O'CLOCK.
From the textile manufacturing districts accounts
during the past week have been of a favourable cha-
racter. The woollen trade at Leeds has been more
active owing to operations in goods for the home
Winter demand. At Bradford and Huddersfield st
the dealings in piece goods have slightly increased,
and prices have been fairly maintained. Business stt,
at Manchester has been steady ; operations, how-
ever, have been checked by the advance in the
value of cotton. At Leicester and Nottingham the !
hosiery and lace trades have shown symptoms of
improvement. In the hardware districts there has
been little change of importance and notwithstand-
t
ing a slight reduction in the prices of iron, business :t:
has continued generally very inactive. st,
There is no alteration of importance to record
in the general condition of the money market, est,',
the inquiries being moderate, while the rates, st,
although not lower, still show a tendency to st,
recede. The ordinary demands for commercial Sti
Purposes are of course very limited, because trade :f,
remains in an inactive state, but the subscriptions sti
to the Indian Loan have no doubt influenced the st;
market to some extent, while an additional effect st'
is likely to be produced by the payment of the st
instalments. On the Stock Exchange the inquiry rt
is very quiet, and loans can be obtained at corn- st
st
Paratively low quotations.
In the Liverpool Cotton Market on Saturday an
average amount of business was transacted, and S'
prices were steady. The sales were about 10,000
bales.

About £BO,OOO in gold was sent into tha Bank of
England on Saturday.
The Norfolk has been announced i'rom Port

Phillip with £235,140 in gold.
The half-yearly meeting of the Meliterranean
Extension Telegraph Company will take place on
the 7th proximo. •
At the half-yearly meeting of the shareholders
in the Union Bank of Australia to-say a dividend .t,
Was declared at the rate of 12 per teat. per annum. st,
There has been a quiet market for English Securi-
ties, and the few dealings entered into for trans-
fer and on speculation failed to influence prices,
Consols still being 90 90k for trarsfer, and 901 I; for 19.
the account. The New Threes and Reduced Annuities st'
are 89! ; the New 21 per Cents. 751 ; the March
Exchequer Bills, 7s. dis. ; and the June ditto, 2s. Fe
dis. to par. Bank Stock is 230 231. st
In the Indian Market the principal feature has s
been the New Loan Scrip, which has further im-
proved, namely, to 100 i ; the other stocks, how- e 20,,,
ever, have also tended upwards ; the 5-1- per Cents. stor
are supported at 101 ; the Debentures, 1863, at 961; st(2)(,'
and those of 1859 at 951. 25

The operations in the Foreign Market have been
,trei
Confined to very few securities. Turkish 6 per ;am,
Cents. have improved to 781 t, and those of 1858 ',.2J
to 641 t, they are now 78 781 and 63/- 642, respec- 25
tively, being lets buoyant. The £lOO bonds havestocl
been dealt in at 652, also showing an advance.
Stlo°Ci
Sardinian have been marked 79 ; Spanish 3 per 50
21
Cents., 48 ; and Venezuela 3 per Cents., 171. 2(
In the Railway Share Market there has been A,
more activity and prices have shown an upward steel
movement. Caledsnian, Great Northern, Lanca
shire and Yorkshire, Manchester, Sheffield, and
Lincoln, Midland, and South Eastern, advanced
es., and Great Western and North Western 10s.
The Foreign lines were dull but firm. South
Austrian and Lombardo-Venetian farther advanced
to 16, and Bahia and San Francisco to 111
The Colonial undertakings continue in moderate
favour. Grand Trunk of Canada realised 19-1 i ;
East Indian, 981 13-r, ; Great Indian Peninsula, 954, s
and Punjaub, 131.

Blythe and Tyne 10 per
c. pref. (issued at £5l it,
ck (sris. & Exet.4 p.ct.stock 100
!O Do. do. do. Shares
)elc Calecion x 10,41 percent 100
)ck Do. Quar. Shares, No. 2. 100 -
ea Cork & Bandon, 55 p. c. all
20 Cornwall, 5 per cent all 20 21
61 Dun.Perth&Aber.Jun.
14 Do Ist Class Pref all
ock E.Anpn.Class A 7 &sp.c 100 99 101
-ock Do. do. Class B e p.c lOO 108 112
lock Do. do. Class C 7 p.c lOO 105 108
tock E. Coun. lix. sp. c. No.l 100 107 109
tock ,Do. do. No. 2 100 106 108
tock Do. New 6 pet ct. stock. 100 121 123
tock Eastern Union, 4 per ct. 100 80 8?
(lock Do. 5 per cent. guar... 10
;tool; I Edin.:Ailas. sp.c. shares 10
stock i Do. 4p. c qua. S. & D.t 10'
stock ,V..clin. Perth& Dun. 4 p.c 101
stock 11,urness, 5 per cent .... 101
stock 1G las.& S. West.g.a. 5 p.e 101
stock IClreht Northern, sp. et 101
atm): ro.sp.c.Redm.,lop.c.pm 10'
stock Do. 45 p. c. do. do.
100 Do. sp.c. Redm. 5 p.c. pm 8(
10 (-2t. NI,. of Scotld. Ist pt 51
stock i Nt..Sn. & W (Ireland) 1 p
p. ct. pref. stock
50 Great West. (Berks an
slants) Ext. sp. et 1
stock to. Redeemable, 45 p.ct 101
stock Do. Redeemable. 4p. ct. 101
stock Do Irredeemable, do lOl
(cock Do. 5 p.ct. Redeem. Pref. 10'
$ Do. Birm. Pref. Shares. al
10 qt. W. Ches. 8 p.c. pf.sh al
10 1)o. do. sp. ct. pref al
lock Do Birmg.cruar. stock lO
261 Do. Chester gua. shares al
135 14). do. do.
20 Do. do. do.
100 Lan. & Carl. 45 pc. pref
;ock Lan.&York 6p. c. stock
'ock Do.Bv.rnsl.st£s3s 10d pc ,
ock Do. 6 per c. (E. Lan.)
ock Lon.& Brig.s pc. gll. NO 1 101
ock Do:s p. c No. r, 101
oak Do. gua. 6p. a
ock Do. do. 5 p.c No. 4 101
ock Do. do. 45 per cenl-. ... • 10'
5 Do. do. 45 p. c. shares.. al
ock Do. 7p. ct. Pref. stock. 10
De: Do. Cp.c. do. (W.E.&C.P.) 10)
ick Do.4p.e.S.(div.dettil '65, 101
)ck Do. 4 per cent. Pre lo'
>ek Lon. Chat. and Dover lO
Do.W. A rcciv. no div.
10 Ex.A til 6pcis pd on a
/'
_,'•:). B B. & Brom ex. c
0 Do. Metropolitan Ex B
0,,,ck Lon. and N.W. Coy. ana
following • Nuneaton, SP. ct..... 1(
The is the report of Mr. Raffles on the stock I.on. & 5.W,7 p. ct. stock 11
investigation
~ reference to the
refer recently held by him at Liverpool with 2
sts?,c3k. Do.
44
per
cent
1 anus
loss of the ship Star of the East : the Lords of the Committee of Privy Council a D 0.f(2)5.ta.P.e..r.P.. ••.. • • all
125 Londondy. & Cole. ssh all
"My Lords,—.Accordingfor Trade. 1:4 Londcny. & Ennis. ssh all 135 14
stock lien. Sh. &Lin. 6 per et 100 125 127
45 5 1.
from your lordships Ito instructions received
81006 k lit. -gp cent
• , proceeded 0
and following day, in conjunct- n the 4th instant, 10 Do. redeem. 6 per cent 5 1
Nautical Assessor of the Board of
Capt. Harris, 124 iLa.riooprotr&oeCnzr., 4p. c. allall
into Trade, to inquire
the circumstances attendino. stock Mid. .;don. 6 p C. stock lOO
the loss of the stock Do.Con.Bris. & Bir. 6 p.c 100
British ship Star of the East, which stock Do. 45 P. 0. pref. stock IOC
ich was wrecked
on the southern coast of Africa, about 20 miles to 6 Do. 45 per cent ,
the westward of Cape Infanta. The Star of the stocks t 0 eT
00 Age
p.
.&o.lig.psiViss4tr, 1001(
East was a wooden ship of 1,219 tons register. She stock Do. 55 p. c. Pref. do 1847 10(
was built at St. John in 1853, was owned by Messrs. stock WlngliWnT4.7 10011
J. Jeazley and others, of Liverpool, and was corn- stock Do. New, gala. sp. c lOl
Inanded by Mr. Alfred Graystone, who holds a cer- 111 11?)oo.. Bor. 1T110..g. pt. St
tj
tificate of competency, dated the 30th of May, 1855. st N t h.Dev.Tl ail. &Dck.Co. 10
She left Bombay on the 11th of February, 1861, sts N_East.cons.preef.a4y.ea 100:
With a crew of 29, all told, and a general cargo of at
Do.o. V.l&.7l,,.rlclpeerma redeemable..
pref. 101
Indian produce. After leaving Bombay her course 17 Do. Berwick, 4 p.c. lief.
8.1
Was shaped for the Mozambique Channel. In pas- V2i Do. Leeds, Lee2lsu'a6rcleirse,'lt74B.l 1.
sing through, the ship experienced for the most 25 DO. York, 11. &S. Parch. 11
part variable winds, which kept them near the 20 Northm uSetafrojudasibainret.e.4 al
l
eastern coast of Africa, by which means she expe- si Scottish s(;entral, new pi al
rienced strong unfavourable currents, a, circumstance st Serahc.Norrt
sl*oc3azt.ern
tot
well known to the master from previous experience et D0p...4.4deen,5,rua.6p.c 101
on the coast. At noon on the morning of the 9th of st, Do. 7p. a pref. stock 101
April, Cape Infanta bore N.N.W., at a distance of 20 Ls. South
i.oi Devon, Ann.
45 Apnern
o.
el
a 0 ..; . . aa ll
miles. The wind was moderate from the southward 1 Leal South Eastern (Readinu
and westward which enabled him to make a favour-
st tin0n.41.0.6)
per cent. 10(
able reach into the land. About 6.15 p.m. the captain st Do:Fixed 4 i . Ist is. 10(
decided to tack off shore for the night. The helm was st South Wales, gua. 4 p.c. 10(
st Do. 45 per cent. 10(
accordingly put down, but the wind having fallen st Do. 5 per cent' 10(
light, and the swell taking her on the bow, she un- st ...t-Yloc.rlrlbiraer, 4Ap. c. gun, , 10(
fortunately missed stays. Some time was lost be- 2i55 Ifo .B 6 neicenst P. a
aall
fore they could get her head off, and an attempt was 25 Do. C 6 percentn
made to wear, but in doing so she struck upon an
stst ‘l"Vr.aggt xfilkstGuoapf;tcli V
Outlying reef of rocks, and eventually became a st Do. 2d do la
total wreck. The coast where she struck was iron- st Do.Newprt6spo.o.ii:if.fg, lc(
bound, and no landing could be effected, The fol- sstt DchPlZl.)etill f 869, Ist 15.1 1(
lowing morning, between two and three o'clock, the
captain and crew were compelled to leave the ship,
Its the sea washed over her upon the rising tide, and
her decks began to break up. No lives were lost,
and on the same day the crew reached Port Beau-
fort. The captain immediately communicated with
Lloyd's Agent, and returned with his assistant to
the scene of the wreck. As it was impossible to ap-
Proach the ship, little or nothing of her cargo was
saved. The master appears to have been 22 years
the
sea, durinf, ,
five of which he was employed in
Ine coasting -trade between Cape Town and Port
Natal, and professed to be well acquainted with the
Provailing winds and currents. This local know-
ledge, and the fact of his laying up so well at the
tithe, perhaps induced him to stand in somewhat
closer than, looking at the result, proved to he con-
Eistent with strict prudence; but as from previous
experience he expected 'a land wind at sunset, and
felt confident, as he reasonably might, that his ship
Would stay, I am disposed to regard the subsequent
occurrence more as an unforeseen casualty than an
error of judgment amounting to a default. Under
these circumstances, no want of sobriety of culpable
neglect being proved, 1 have, with the full concur-
re'lce of my colleague in the inquiry, felt myself
Warranted •in returning to Captain Graystono his
certificate,. with the expression of a hope that the
disaster , Iby which so valuable a ship and cargo were
lost will be a caution to him for the future.
"I have, &c.,
„ , . "T. S. RATTLES, Stipendiary Magistrate.
" Liverpool, July 9, 1861."
i Concur in the above report,
" Hr. HARRIS, Nautical Assessor."

- -
102 IC4

Joint Stock Bank and Miscellaneous Shares have st
shown no material change in values. London and
Westminster realise 681 ; Union of Australia, 391- 1;
Crystal Palace Stock, 31Z, and Royal Mail
Steam, 50. at

BRITISH FUNDS—CLOSING PR.ICY.s,
Bank Stock
3 per Cent. Reduced Annuities S 9
3 uer Cent. ConsAs Annuities 00 i
New 3 per Cent. Annuities Q,9 a 1
New 21 per Cent. Annuities
"dia ;7,tock.-. ..
Ditto 5 per Cent.
Ditto Loan Scrip, 5 per cent: lOO k 1 1
Ditto Enlaced raper, 4 per Cent —
Ditto 51 per Cent.
!Atte Debentures, 1863 (Oct.) 96% a 4 •
Ditto 1859 9si
Consols for Account, Aug. 7 .. 901;
India Stock for Account
Ditto 5 per Cent
March. June.
Exchequer Bills, £l,OOO, 2d 7 dis 2 dis par
,
D,t.-0 £SOO
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Peruvian 41 per Cent ..
Ditto (Uribarren), 41 per Cent.
Russian 5 per Cent. 1822, £ St • •
Ditto 3 per Cent. 1359....
S • •
.ardtmA n 5 per Cent.
Sp finish 3 per Cent
Ditto New Deferred
Turkish 6 per Cent .. 79
Ditto Account
Ditto New Loan
Ditto Account
Ditto £lOO Bonds
Venezuelan. 3 per Cent
Dividends on the above payable in London.
THREE O'CLOCK.
Consols, Money 9O i
Ditto Account 9Ol 1

IQ 1100 111
)9 90 92
)0 ,75 77

al
11l
3,} I

34 136
.02 N 3

0 ) 92 -9-3

110 112
108 110
1 13 p

91 93
99 101
102 104
P iP

[0 p
11 22i 23i

10 t3l 133
11 10 10i

23 23i
99 100
99 100

98 100

O 85 90
11 264 271
[1 314 321
ll 314 321
O 45 48
0 124 126
0 118 120
0 100 103
O 120 122
10 1115 117