The Sun.
London, England, 1860-04-20 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocic.

There has not been much animation in the mar-
kets for Foreign and Colonial Produce during the
last few days, and prices generally have shown a
downward tendency. At the public sales of tea a
decline of ld. to 2d. per lb. has taken place on the
superior kinds, and sugars have receded 3d. to 6d.
Per cwt. for the better descriptions. For coffee
there has been a very moderate inquiry, the deal-
ings haying been confined to immediate require-
ments. Rice has continued in good demand, and
at full values. The dealings in fruit and spices
have been on a limited scale, and have consisted
chiefly of low and inferior kinds, which have rea-
lised about previous rates. The inquiries for salt-
petre were to a limited extent, and in tallow no
Material change can be recorded. The public sales
of foreign and colonial wool will commence on the
3d proximo.
The money market continues to exhibit symp-
toms of improvement. A full explanation was
given in Parliament last evening with regard to
the reeent locking-up of bank notes, and the ques-
tion, it is hoped, will now cease to occupy attention.
The public, having ascertained the cause of the late
disturbance, are very eager to borrow in anticipa-
tion of future events ; the bankers and brokers, for
the same reason, are now inclined to employ their
means. The result is, that the market is decidedly
easier. Competition, in fact, has been actively
resumed, and bills are discounted in consequence
at lower rates. The Bourse, indeed, is no longer
the cheapest place of resort for the negotiation of
choice bills, securities of that description exciting
no demand elsewhere on terms varying .1. to 4 per
cent. under the 5 per cent. minimum. But for these
heavy payments, due in connexion with loans, &c.,
it is probable that the authorities would shortly be
enabled to lower their quotations, and, notwith-
standing an occasional revival of activity, it is ex•
petted that the tendency will still be in that
direction.

At the Bank of England, yesterday, there were
no bullion operations of importance.
Notice has been given that the sum of X 46,137 ss.
has been employed in the redemption of 348 Peru-
vian 3 per cent. Bonds of 1853.
Advices have been received of the arrival at
Aden, of the 4th April, of the steamer Malta, with
the London mail of the 19th March, en route to
Australia;

-The Liverpool Cotton Market yesterday closed
Moderately active, and' prices were firm. The sales
were estimated at 10,000 bales. In the Railway
Share Market business continued quiet, and quo-
tations tended downwards.

There has not been much activity to-day in the
market for Public Securities, but a moderate
amount of business was recorded during the morn-
ing at previous rates. Some heaviness, however,
prevailed yesterday afternoon, and the market has
not yet regained its buoyant tone, the state
of foreign politics being spoken of in unfavour-
able • terms by the principal dealers and
speculators. Consols have been 941 ; for money,
and 94i 96 for the account. They are now 94t
and 941 " sellers" respectively. The New Three
per Cents. are steady at 93} and the Reduced at
939.4_•. India Loan is firm at 1061 ; ditto 5 per
Cent. Enfaced Paper remains at 981 1 ; ditto 51
per Cent. ditto at 104 ; but the Bonds are heavy
at 143. dis. ; and Exchequer Bills are Bs. to lls.
prem.
The Foreign Stock Market has been moderately
active, but prices are depressed. Turkish 6 per
Cents, are 761 ; ditto New, 611 I. Brazilian 41
per Cents: (1858) have receded to 90 ; Chilian 41
per Cents. to 851 ; and Portuguese to 4314.
-
Spanish is firm at 47, and Dutch 21 per Cents. at
661. _ _

The ()clean Marine Insurance Shares are 22
prem. ; 'the Universal ditto, t prem. ; the Vio-
toria Loan, 1051 y.

The dealings in the Railway Share Market have
been on, a very limited scale, and prices have shown
a downward tendency. Caledonian, Great Northern,
Lancashire and Yorkshire, North-Western, Mid-
land, North-Eastern (Berwick), and South-Eastern
have each declined about 5s and Great Northern
A. „Stock, £l. Bristol and Exeter have im-
proved Xl.

The Foreign and Colonial undertakings have
have. shown very little variation. Buenos Avres
and- San Francisco have improved to 51; Grand
Trunk of Canada have declined to 341 ; and Great
Wehtern of Canada to 13i. East Indian are steady
at
.1.011 102 ; and Great Indian Peninsula, at
9n .1. •
Joint-Stock Bank and Miscellaneous shares are
inactive, but prices tend upwards. London and
Co!li,nty have improved 10s.; London Joint-Stock,
66, ;.,and Union of Australia, 55.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3 pet Cent. Reduced Annuities 93i i i-
-3 peti Cent. Consols Annuities
New 3 per Cent. Annuities
New 2} per Cent. Annuities
Annls. 30 Years, expire sth Jan., 1880
Ditto for 30 Years, expire sth April, 1885 17
Ilitia Stock
Dftto 5 per Cent.
Ditto Enfaced Paper, 4 per cent —
Di sCent. per
98' /
_ _

Ditto 6} per Cent lO4
Ditto Debentures, 1858 96/ 7
Ditto Bonds, £l,OOO —
DOW under £l,OOO ... 4 d
Consols for Account (May 9)
India; Stock for Account —

Drtto Account, 5 per cent.
Exchequer Bills, £l,OOO, lid 8 p
tiitto £5OO ll
Ditto Small
, • FOREIGN FUNDS—CLOSING PRICES.
Brazilian 6 per Cent.
Ditto 4} per Cent., 1858 9O
Ditto Scrip, 1860
Chili= 6 per Cent
Ditto 4i per cent.
Portuguese. 1853, 3 per Cent.
Ditto Account
Russian, 1822, £ St., 5 per Cent.
Ditto 41- per Cent.
Ditto, 3 per Cent., 1859 65
Spanish 3 per Cent
Ditto Passive
Turkish 6 per Cent
Ditto Account
Ditto New Loan
Ditto Account
Dividends on the above payable in Lonaoa.
Patch Exchange, 12 Guil. 2f per Cent 65/
Ditto Certificates, 4 per Cent.
THREE O'CLOCK.
Consols, Money 941
Ditto Account

COURSE OF EXCHANGE.—THIS DAY.
Amsterdam Short. 11 141 11 141
Ditto
Rotterdam — 11 161 11 16f
Antwerp
Brussels — 25 35 25 421
Hamburgh
Paris
Ditto
Marseilles — 25 421 2.5 471
Frankfort on Maine —117 i
131170
Vienna
13 60 13 70
Trieste
Petersburgh — 341 34}
Madrid
Cadiz — 491 49}
Leghorn .— 30 471 30 521
Milan — 25 45 25 50
Genoa — 25 45 25 60
Naples
Palermo —121 f
Messina — 121/ 122
Lisbon
Oporto
Tito Janeiro
New York — •• • •
Foreign Gold in Bars (Standard)....per oz. S 3 17 9
Mexican Dollars
Silver in Bars (Standard) l9 0 5 11
South American Doublons

WEEKS'S HOT HOUSES.—There are several im-
provements recently introduced into the ingenious
4Ystem of heating by hot water apparatus—pits,
green houses, and conservatories—a system con-
trived some time back by the Messrs. Weeks and
,Company, of Chelsea, the eminent horticultural
builders, engineers, iconfounders, and manufac-
turers. These improvements, which are clearly
defined by the inventors themselves in an octavo
pamphlet of 48 pages, profusely illustrated with
explanatory wood-engravings, may be inspected
"IY day by the curious in such matters at the
establishment of the firm, lying between the King's-
read and the Fulham-road, and extending the
thole distance (at the point indicated) between
these two great thoroughfares.
The
SPECIAL SERVICES, WESTMINSTERABBEY.—
!I:Rowing will be the preachers at the special services
tie strainster Abbey for the two remaining Sundays of
her
:—April 22, the Rev. W. 11. Brookfield, ono of
xi, majesty's Inspectors of Schools; April 29, the Rev..tho
'larder of All Souls, Ogerdt