The Sun.
London, England, 1862-01-07 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

In the Foreign and Colonial Produce Markets
the dealings during the last few days have been
moderately active. Tea has brought full prices,
while sugar, coffee, and rice have been in fair re-
quest. Saltpetre continues in steady demand, but
tallow has slightly declined for both present and
forward delivery.

Business in the Liverpool Cotton Market, yester-
day, continued rather active, and prices were very
firm. The sales were about 12,000 bales.

The suspension has been announced of Messrs.
Ogleby and Co., oil merchants, with liabilities
estimated at between £50,000 and £60,000. The
failure has also taken place of Mr. T. Mansbridge,
wholesale milliner, for about £25,000.
Messrs. H. O'Shea and Co., bankers of Madrid,
have stopped payment.

About £46,000 in gold was taken into the Bank
of England yesterday.

The Kent has arrived from Australia with
£422,412 in gold, and the Europa, from America,
has brought £21,620 in specie.

There is an increase of £1,670 in the traffic re-
turns of the Brighton Railway, and a decrease of
£1,510 on the South Eastern for the past week.
The traffic receipts of the Great Western Railway
of Canada for the week ending the 20th ultimo,
amounted to £11,105 against £7,574 in 1860.
Increased easiness has been apparent in the
discount market to-day, the inquiries having been
limited, while the rates have ranged rather lower
than they did last week, 21 per cent. being now
the general charge for superior descriptions of mer-
cantile bills, of which, however, the supply is very
moderate. The banks and discount houses are
unable to obtain full employment for their re-
sources, and the consequence is an active competi-
tion, which allows the mercantile community to
obtain their accommodation on unusually favour-
able terms.

Owing to the advices from New York by the
Europa, a heavy tone has pervaded the market
for public securities, and Consols have receded to
92 921 for money and the 9th inst., and 92/ a for
the February account. The aggregate amount of
business transacted was not large, but sales have pre-
ponderated, and depression has consequently ensued.
The New Threes and the Reduced are steady at
911 92 ; Exchequer Bills at 12s. to 15s. prem. ;
Bank Stock has advanced to 238 ; India 5 per Cent.
Loan is 1051 being steady; the 5 per Cent. En-
aced Paper has risen to 99, and the 5/ per Cent.,
105/.

No material alteration has taken place in Foreign
Securities, and the dealings have been rather re•
stricted. Turkish 6 per Cents. are 79 to 80;
ditto, 1858, 70 to 701. Mexican are flat at 27Z 281 ;
Italian at 623; ; and Venezuelan at 224. Spanish
Certificates remain at 6±, and Sardinian are 77.

Owing to a few speculative transactions Consols
have receded per cent., the present price being
921

Business in the Railway Share Market has con-
tinued rather inactive, and in some instances prices
have shown further slight depression. Eastern
Counties, Great Northern, Lancashire and York-
shire, North Western, South Western, Manchester,
Sheffield. and Lincoln, Midlands, and North
Eastern (Berwick), have receded 55.; South Eastern,
however, have improved 10s.

The Foreign and Colonial lines have remained
without any material variation as regards values.
Northern of France realise 39 ; Gtand Trunk of
Canada, 201; East Indian, 1001, 101 ; and Great
Indiaii Peninsula, 99-I.

Joint Stock Bank and Miscellaneous Shares
continue in limited request; Oriental Bank have
improved to 521 ; Ottoman Bank realise 18 ; Pen-
insula and Oriental Steam, 671 to 68 ; and Royal
Mail Steam, 48.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities 9lh 1 2
3 per Cent. Consols Annuities
New 3 per Cent. Annuities 9lh t 2 11
India Stock
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent 99 8i f
Ditto 51 per Cent
Ditto Debentures, 4 per Cent., Oct., 1863 991'
Ditto ditto April, 1864 994 9
Consols for Account, Jan. 9
India Stock for Account, 5 per Cent
March. June.
Exchequer Bills, £l,OOO 2d.... 12 15 12 14
Ditto £SOO
Ditto Small l5 12 j 12 14

FOREIGN FUNDS—CLOSING PRICES.
13razilian 5 per Cent
Jhilian 6 per Cent
Ditto 4i per Cent B3l
Mexican, 3 per Cent
, Ditto Account
' ardinian 5 per Cent.
SPanisb. 3 per Cent
Ditto New Deferred
.panish. Cert. of Coup. not funded
rurkish 6 per Cent. —
Ditto Account
Ditto New Loan
Ditto Account
TeAmuelan 3 per Cent
Ditto, Account
Dividends on the above payable in London.
Italian, 5 per Cent., 1861
THREE O'CLOCK.
Consols, Money
Ditto Account

THIS DAY'S LuARKETS.