The Sun.
London, England, 1860-08-28 00:00:00

MONEY MARKET AND C ITY NEWS.

CITY, Two o'CLocK.
Daring the last few days the to me of the Foreign
and Colonial Produce Markets ht ,s been very firm.
Tea has continued in moderate r equest at late quo-
5'
.
tations ; the advices by the Overland Mail having 131
caused no alteration. Sup;ars have been in tc2''
fair demand, at full pr ices, and in the 25
'V
Refined Market there has been more activity, 00,1',
chiefly for home consumption . Coffee continued in
good request, and full price s were realised for the w
superior qualities. The transactions in fruit and 20
spices have been limited, bit' t more inquiry has been 1i
experienced for rice at late rates. Saltpetre con-
51
'
tinuedinactive, and the few dealings entered into in
the private market were at former prices. Tallow stool
has advanced in value fo r both present and for- STI
OC
ward delivery. stock
25
The demand for money has become moderate, a 20
10
steady business being trans acted at previous rates, stool
stock
while, in special cases, shor t-dated bills are nego- 10(k
tiated at a slight reduction, The improvement in stoc
the weather, and the large s, upply of specie, part of 70
which has been taken to th .e Bank, have promoted stoic,
a more cheerful feeling and. improved confidence; stoc
:r
A sum of £40,000 in rattled gold was purchased oc,
by the Bank of England 3' esterday. stoc
12
At a meeting yesterda y of the creditors of stoc)
Messrs J. Reinach and C 0.., merchants, it was de- stool
termined that the estate slat luld be wound up under stool
inspection. The liabiliti es were estimated at
stool
12)
£26,421, and the assets at .£12,865.
25
A fair amount of busi nese was transacted in
5t2056
the Cotton Market at Li verpool yesterday, but 50
prices were rather heavy . The sales were esti- 1.;
mated at 10,000 bales. stoc,
stool
There is very little int piiry for money at the 20
Stock Exchange, and 2to 21 per cent. are terms it
for advances upon Gover ament Stock. 110
On the 30th inst. a call of £2 per share, 1000
amounting to £50,000, it t due on the Cape Town .toe,
Railway and Dock Comi ?any's shares. stoc 50
l
The official returns rela ting to trade and naviga- stod
Lion for the seven montl is ending the 31st July atm]
have just been published.: From these it appears that stool
st
the total declared value of the exports from the ~i
o 1
United Kingdom, for the above period, is st otoeck
£74,542,687, against 174,288,610 in the i9l-010,*
like period of 1859, being an increase of 1(
£254,077. The augmez station is most percep-
tible in cotton maniCactures, cotton yarns,
earthernware, linen yea n, machinery, British stoc4
spirits, and sheep and lambs' wool ; but there was a stock
falling off in beer and ale, coals and calm, haber- stock
dashery and millinery, hat •dware and cutlery, linen
,toe
manufactures, silk manuft ictures, and woollen and
,tot
worsted manufactures. stoci
The imports of the prim3ipal articles were larger
as regards some arrivals— Cocoa, coffee, raw cotton, 25
flax, provisions, rice, sugar, tallow,timber, tobacco, stool
stod
wine, and sheep and lambe wool. 25
The shipping accounts exhibit an increase in the 5,05
amount of tonnage employed in the foreign trade 12 to
of the United Kingdom fo :r the seven months of str3k
612,307 for the entries inwards, and of 192,412 stook
for the clearances outward. In the coasting trade 20
for the like period, 39,87 0 tons more were em-
-10
ployed than in the corresponding seven months of
st2ol
1859 for the entries inwards, and of 527,745 for
3(5'
the clearances outward.
Very little movement has taken place to-day in
the market for Public Securities ; a small amount of
business has been negotiated at the latest prices
current yesterday afternoon, Consols being 92i 93
for money and the 6th proximo, an.d 934 1 for the
4th October. Speculation is dull, and the public
abstain from extensive operations. The New Three s'
per Cents. and the Reduced are firmer at 934 ; ;
the New 21 per Cents. are heavy at 761; Bank st
Stock is firm at 233; India New Loan is flat at 5:
1031 ; and Exchequer Bills remain at ls. to 4s. st
prem.
st
Foreign Securities have been dealt in to a fair St,'
extent, and prices show increased firmness. Turkish
St 4'4
6 per Cents. are 731 to 741; ditto New, 801 to 61 ; t 4
and the 4 per Cents. remain at 1001 ; Mexican ft;
s
have improved to 211, Portuguese to 431,, Russian si44
3 per Cents. to 6310 Spanish to 48/, ditto Passive stt,
to 221, and Buenos Ayres to 881 and 891.
The Ocean Marine Insurance shares are 2 1 pm 4 sti
the Thames and Mersey, 4 d ; and the Universal,
Pm. t 4
The transactions in the Railway Share Market t,
have been rather limited. Prices, however, are et,
steady, and in some instances show a slight im-
provement. Great Western, Midland, and South
Eastern, have advanced 55., and London and Black-
't;
wall, and North British, 10s. ; Lancashire and
Yorkshire, and North Eastern, York, have de- st;
st 4
dined 55., and London and South Western, 10s. at(
In the Foreign Market no dealings were re-
B.tt
corded, and prices were nominally unaltered. et(
The Colonial undertakings continued steady. sat
Grand Trunk of Canada brought 31 to 311; Great
sty
Western of Canada improved to 121 i 13; and Great stl
Indian Peninsula, to 96k. st
st
Joint Stock Bank and Miscellaneous Shares gi
have remained at former prices.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities 93/ a i
3 per Cent. Consuls Annuities
New 3 por Cent. Annuities
New 21 per Cent. Annuities 76/
Annuities, 30 yrs, expire 6th Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885.. 161
India Stock
Ditto 6 per Cent
Ditto 5i per Cent.
Ditto Bonds £l,OOO
ti it, under £l,OOO
Consols for Account, 6th Sept 93
Exchequer Bills, £l,OOO, 1/d
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
.Brazilian 5 per Cent
Ditto 41 per Cent. 1858 B7
Ditto, 1860
Buenos Ayres, 6 per Cent
Ditto Account
Mexican 3 per Cent
Ditto Account
New Grenada Active, 31 per Cent.
Ditto Deferred
Peruvian 4/ per Cent
Ditto (Uriberren), 41 per Cent.
Portuguese 3 per Cent., 1853 431
Russian 5 per Cent. 1822, £ St•••••• • • • •
Ditto 3 per Cent., 1859 ..
Spanish 3 per Cant . . 481
Ditto Passive
Spanish Corn. Cert. of Coup. not funded.. 544
Turkish 6 per Cent .. 74/
Ditto New Loan
Ditto Guaranteed, 4 per Cent lOOl 1
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent 641
THREE O'CLOCK
Consols, Money 921 93
Ditte Account, September: