The Sun.
London, England, 1860-05-18 00:00:00

MARKET AND CITY NEWS.

- .....

CITY. Two, O'CLOCK.

The dealings in the Foreign and Colonial Pro-
duce Markets during the last few days have been
on a rather limited scale, and in several instances
prices have shown a downward tendency. There has
been a steady enquiry for tea, but owing to the
high prices demanded, a very limited busi-
ness has been done. Sugars have receded
about 6d. to ls. per cwt., and coffee, cocoa,
and rice have been at a slight depreciation.
Fruit and spices have been inactive with little
change to record in quotations. Saltpetre has con-
tinued in fair demand, and at the public sales of
foreign and colonial wool the finer descriptions
have realised a slight advance on the rates current
at the opening. Tallow continues dull, but prices
are steady, the dealings for forward delivery having
increased,

The enquiry for discount accommodation is stea-
dily maintained, and the rates, in consequense,
_remain in a firm position. Should political affairs
abroad, however, continue unfavourable, and give
rise to increased uneasiness, the effect upon trade
will be very injurious, and a diminution in the de-
mand for mercantile purposes may then be expe-
rienced. As it is the utmost caution is exercised,
and a general curtailment of operations has oc-
curred. The enquiry for money at the Stock
Exchange is rather quiet, but full terms have to be
paid for temporary advances.
In the Liverpool Cotton Market yesterday a
moderate amount of business was transacted, but
prices tended downwards. The sales were esti-
mated at about 7,000 bales. The Railway Share
Market closed quietly, and quotations exhibited no
change of importance.

There were no bullion operations of importance
at the Bank of England yesterday.
The downward tendency in the market for
Public Securities has received a check, but at pre-
sent the reactionary symptoms are very limited.
Foreign politics still exercise an important in-
fluence upon values, as they induce speculative
sales. The continuous decline in the Rentes is a
source of great anxiety. Consols, however, have
been steady to-day at 941 1 for transfer, and 948
for account. The New Three per Cents, and the
Reduced remain at 92/ 93; India Stock is firm, at
220 ; ditto New is fiat, at 1061 4 ; ditto 5 per Cent.
Enfaced Paper, at 97i ; ditto 5/ per Cent. ditto,
at 102/ 1034. Exchequer Bills are 4s. to 7s.
prem. Bank Stock is steady, at 2264 and 2274.
A very small amount of business has been trans-
acted in Foreign Securities, and prices show a
further decline. Turkish 6 per Cents. are 741 to
751 ; ditto New, 57 to 571; Portuguese have receded
to 44 ; Mexican to 20/ a ; Sardinian to 848 ; and
Xpanish Certificates are 41.
The Ocean Marine Insurance Shares are 211-
prem.; the Universal ditto, I a prem. , and the
Thames and Mersey ditto, 11 / prem., being a
alight improvement ; the London subscriptions
alone are large in excess of the required amount.

Messrs. Bell report the following as the prices
of American Securities :

Redeemable. Prices
United States 6 per Cents 1867-1863
De. 5 per Cent Bonds
Maryland 5 per CI. Str. Bonds -
Massachusetts 5 per Cent. Str.
Bonds
Pennsylvania 5 per Ct. Stock. -
Alabama 6 per Cent. Bonds.. -
Kentucky 6 per Cent. Bonds.. 1868-72
Ohio 6 per Cent. Stock .. 1886
Pennsylvania 5 per Ct. Bonds 1877
Tennessee 6 per Cent. Bonds. Divers
Virginia 6 per Cent. Bonds .. 1886
Virginia 5 per Cent. St. Bonds 1888
Boston 6 per Cent. St. Bonds
Illinois Central 7 per Cent. ..
Illinois Central 6 per Cent. ..
Illinois Central 7 per Cent
(Freelands)
Do. shares, 60 dols. paid
Miehigalt Central 8 per Cent 1869 82 83
Do. do. shares
The transactions in the Railway Share Market
have been extremely limited, but the few bargains
recorded show a further decline in vallks. Mid-
lands and North-Eastern (Berwick), have receded
ss. ; Great Westerns, Lancashire and Yorkshire,
10s.; South-Eastern, 155.; Eastern Counties, £1 ;
and Great Northern, £1 10s.
The Foreign and Colonial markets have shown
little variation of importance. Lombardo-Venetian
flat, at 114 ; Grand Trunk of Canada are steady, at
32f, 33 ; East Indian, at 1011; and Great Indian
Peninsula, at 98i 991.
Joint Stock Bank and Miscellaneous Shares are
inactive, at about former quotations.

911 921
95f 961

101} 102}
82 84

75 77
90 92
97 93
86 87
79 81
84 85
82 84

1875 79 80
1875 75 77

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock
3 per Cent. Reduced Annuities 93 2; 3
3,per Cent. Conssls Annuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l7 746
India Stock
Ditto 6 per Cent.
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent.
Ditto 51 per Cent lO4 31
Ditto Debentures, 1858 —
Ditto 1859
Consols for Account (6th June)
India Stock for Account —
Ditto Account, 5 per cent.
Exchequer Bills, £l,OOO, lid
~tto £5OO 8 4 p
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
Mexican 3 per Cent —
Ditto Account
Portuguese 3 per Cent., 1853, —

Ditto' Account
Sardinian 5 per Cent
Ditto Account
Spanish Com. Cert. of Coup. not funded 4l
Turkish 6 per Cent..
Ditto Account
Ditto New Loan
Ditto Account

:: 73! i 41

TWO O'CLOCK.
Consols, Money
Ditto June Account ...4 941 t