The Sun.
London, England, 1860-09-21 00:00:00

MONEY MARKE2' AND CITY NEWS.

CITY, Two o'CLocx.
During the last few days there has been less
animation in the Foreign and Colonial Produce
Markets. Sugars, except in a few instances, have
slightly declined in' value, while the demand in
the refined market has been very inactive,
and prices have shown a decidedly downward
tendency. At the public sales of tea a de-
cline of ld. to 2d. per lb. has taken place.
Rice has been moderately dealt in, but
at easier rates. The dealings in fruit have been
on a rather extensive scale, owing to the large
arrivals of the new crop ; holders having shown an
anxious desire to realise prices have exhibited a
downward movement. Saltpetre has been exceed-
ingly dull, and at public sale the greater portion
of the quantity offered was bought in. The tallow
market has shown more activity, and quotations
are a shade firmer for both present and forward
delivery. P.Y.C., on the spot, 525. 6d., and Spring
delivery 535. to 535. 3d. per cwt.
Increased activity prevailed in the Cotton Market
at Liverpool yesterday, and prices were without
any important change. The sales amounted to
12,000 bales. A large business was recorded in
the Railway Share Market, and quotations exhi-
bited a further improvement.
There were no bullion operations of importance
at the Bank of England yesterday.
The demand for money continues steady, and as
the supplies are very plentiful, the rates remain in
an easy position, while the minimum is maintained
at 4 per cent. ; however, capitalists, who are nego-
tiating business as low as 31 per cent., are not in-
clined to make a further reduction in their terms,
especially as there is some probability of a slight
increase in the enquiry consequent -upon prepara-
tionEl for the end of the quarter.
rile Market for Public Securities opened flatly,
at tbLe reduced quotations current on the previous
after noon, but buyers have since come forward,
WhnfJe operations, coupled with the receipt of rather
high er prices from the Paris Bourse, have caused
a slight improvement. Consols have been 931 1
for 'money, and 931 a for account ; they are now
931 1- and 93/ 1 respectively. India Stock has re-
ceded to 2161 ; ditto New Loan is steady at 1031 4 ;
ditto. Bonds are at 6s. dis., and Exchequer Bills
renljlin at ls. to 4s. prem.
Zia Foreign Securities a moderate amount of
business is recorded, and prices are tolerably well
supported. Turkish 6 per Cents. are 731 to 741 ;
dit'zo New, 571 to 58 ; and the 4 per Cents. have
itn proved to 1011, Russian 5 per Cents. to 104,
Buenos Ayres to 96, and Spanish to 481, but the
Certificates are rather flatter, viz., 61 t, and Peru-
lien 3 per Cents. at 741, and Mexican remain at
211 22.

The Ocean Marine Insurance Shares are 2/
; the Thames and Mersey, 1, -a prem. ; and
the Universal, -} I prem.
Messrs. D. Bell, Son, and Co., report the prices
Of American Securities as follows :
Redeemable. Prices.
Irnited States 6 per Cents 1867-1868 98 99
:20. 5 per Cent Bonds
tientucky 6 per Cent. Bonds . 1868-72 91 93
Pennsylvania 5 per Ct. Bonds 1877 88 89
Illinois Central 7 per Cent.
Illinois Central 6 per Cent.
Do. shares, 80 dols. paid . . 16f 15f disD
ichigan Central 8 per Cent 1869 90 91
O. do. shares
New York Central 6 per Ct.,
not convertib1e...
New York Central 7 per Ct ,
convertible, from June 15,
1857-59 1864 93 95
1)0. do. shares 79 81
New York and Erie, 7 per Ct.,
Ist mortgage
Do. de., 2d mortgage 1859 89 90
Do. do., 3d mortgage lBB3 79 81 ex
Do. do. convertible 1862 57 59
Do. do. shares 29 30
Panama 7 per Ct., Ist mort •
gage Str. Bonds, not cony
Do. do., 2d do.
Pennsylvania Central 6 per
Ct., Ist mortgage

1880