The Sun.
London, England, 1860-10-09 00:00:00

MONEY MARKET AND CITY IVETV,S.

CITY, Two o'CLocK.

The dealings in the Foreign and Colonial Pro-
duce Markets during the last few days have been
rather inactive. In tea few transactions have
taken place, as a large quantity will be offered for
public competition to-day, and prices are expected
to rule a shade lower. Sugars have been in moderate
request, without material alteration in values. For
the better descriptions of coffee an increased demand
has bean experienced, and quotations have been
firmer, owing to the smallness of the stocks on hand.
Compared with those of the same period of last
year, rice, fruit, and spices have been in fair re-
quest, at former rates, and a moderate business has
been done in tallow, at rather enhanced quotations.
The Royal mail steamer Tyne, which leaves to-
day for the Brazils will take out £23,Boo—viz.,
£9,800 in gold, and £14,000 in silver.
The Norfolk has arrived from Melbourne with
£140,800 in specie.

Notice has been given by the Spanish Financial
Commission that the auction of the Foreign Re.
deemable Debt will take place at Madrid on the
30th inst., for which purpose 458,020 reals have
been assigned by the Government.
The particulars have been advertised of the con-
version of a number of Portuguese Bonds of the
External Debt, amounting together to £6,590.
A call of £3 per share has been made by the
Directors of the Bahia Gas Company, payable on
the 23d inst.
A fair amount of business was transacted in the
Liverpool Cotton Market yesterday, and prices
have an upward tendency. The sales were esti-,
mated at 12,000 bales.

A meeting was held to-day of the creditors of
Messrs. Wm. Archer and son, corn and flour factors,
who suspended on the 22d inst. The liabilities are
estimated at £35,687, and the assets at £14,918,
the estate consequently showing about Bs. in the
pound. After some discussion a composition of
Bs. in the pound was proposed, payable as follows,
viz., 2s. 6d. within a month, 2s. 6d. in February,
Is. 6d. in April, and the remaining Is. 6d. in June,
the last instalment to be secured.

The demand for money in the general discount
market continues steady, but the rates are rather
easier, partly in consequence of the impending
release of the dividends, which will augment the
available resources, which are already superabun-
dant.

A fractional decline has taken place in the value
of the English Funds, owing to a few sales, and
a further depreciation on the Paris Bourse. Con-
sols are, therefore, very heavy at 93,1 for money
and 11th inst., and 93: for November. Very
little business his been negotiated for transfer, but
there is a large supply of stock in the market. India
Loan is steady at 1031 w ; ditto 5 per Cent. En-
faced Paper has receded to 96/, but the Bonds have
advanced to iar and 4s. premium. Exchequer Bills
are heavy at 2s. to 4s. premium.
In Foreign Securities the dealings have been
limited, and prices show increased heaviness.
Turkish 6 per Cents. are 73 to 731 ; ditto New, 551
to 561 ; Mexican remain at 22:7 ; Grenada Active
have declined to 161 ; ditto Deferred to 6 ; Portu-
guese to 431 4 ; Brazilian 41 per Cents. to 871 ;
and Russian Scrip to 1 prem. _ _ _

The Ocean Marine Insurance Shares are
prem. ; the Thames and Mersey, I prem. ; and
the Universal, t I prem.

The trameactions in the Railway Share Market
have been moderately active, and a further improve-
ment has taken place in prices. Lancashire and
Yorkshire and North-Western have advanced Os.;
Eastern Counties, Great Northern, Great Western,
North-Eastern Berwick, and South-Eastern, 10s. ;
South 'Jevons and London, Chatham, and Dover
declined 10s.