The Sun.
London, England, 1860-07-27 00:00:00

MONEY MARKET AND CIT N EWS.

CITY, Two o'CLocx.

There has been rather more animation in the
Foreign and Colonial Produce Markets during the
last few days. The dealings in tea, however, have
been restricted, and prices have undergone no
change of importance. Sugars have been in fair
request, the finer qualities showing a slight ad-
vance. Coffee has continued at full rates, and a
moderate business has been done in rice, cocoa,
fruit, and spices, with little change to record in
prices. At the public sales of hides just concluded
the chief purchases were for exportation, and
consisted chiefly of heavy goods. East India
hides went at an average decline of 4d. to id. per
lb. on the sales current at the previous auctions.
The general prospects of the trade, however, are
considered satisfactory. For saltpetre there has
been a steady inquiry, and tallow has continued in
good request, chiefly for home consumption.

A fair amount of business was transacted in the
Cotton Market at Liverpool yesterday, but
prices were again rather lower. The sales were
estimated about 8,000 bales.

On Tuesday, the 31st inst., a call of 50 per eent.
is due on the London and South Western New

per Cent. Stock.

The Scottish Australian Investment Company
held a meeting to-day, at which a dividend at the
rate of 10 per cent. per annum was agreed to, the
directors' report being unanimously adopted.
A meeting has also taken place of the share-
holders in the Unity Bank—Mr. Mechi in the chair,
who made some favourable statements with regard
to the progress of the establishment, the small pro-
portion of loss, and the unimportant character of
the liabilities it has incurred through the failures
in the leather trade, which it was estimated £6OO
will be sufficient to meet. The report, of which
the following is an extract, was unanimously
adopted :
" The directors submit the half-yearly statement of the
business of the bank to the shareholders. From this it will
be seen that, during the period, the earnings, after making
ample provision for bad debts and payment of interest to
customers, are £4,517 18s. Pd. ; and that, after payment of
expenses, there is an available nett profit of £2,626 6s. 2d.,
Which is sufficient to pay interest for the past half-year
on the share capital of the association at the rate of 21 per
cent. per annum, and leave a surplus of £lO7 ls. 2d.
The directors, however, do not propose to make this distri-
bution, as they consider the interests of the bank will be
thereby best served. The directors feel it to be source of
congratulation that the bank will suffer very little loss by
the recent failures in the leather trade. They again solicit
the co-operation of the shareholders in the introduction of
new business and the increase of current accounts, feelinc,
as they do that nothing more is now required to ensure the
prosperity of the institution."
A meeting has been held to-day of the creditors
of Messrs. D. and J. Mackintosh, tanners—Mr.
E. B. Brown in the chair—when it was resolved to
wind the estate up under inspection, a committee
of three gentlemen having been appointed.
The market for Public Securities opened with
a fiat appearance, but more firmness is
now exhibited, Consols being 931 31, for
money, and 931 1 for the account. Very
little business, however, has been transacted.
The New 3 per Cents. are flat at 931 1, the Reduced
are firm at 93i 1; Long Annuities are 161 ; India
Stock has receded to 2171 ; ditto New Loan to
1011 ; ditto 5 per Cent. Enfaced Paper has im-
proved to 97; ; ditto 61 per Cents. to 1021 ; and
Exchequer Bills remain at ls. to 4s. prem.
Very few transactions are recorded in Foreign
Securities and prices are heavy, Turkish 6 per
Cents, are 761 to 77 ; ditto New, 591 to 601. Russian
4 per Cents. have receded to 93,, ; Spanish to 481;
ditto Deferred to 391; but the Passive are firm at
201 1, and Brazilian at 1001.
The Ocean Marine Insurance Shares are 21 1
prem. ; the Thames and Mersey, d 1 prem. ; and the
Universal, 1 prem.
The transactions ii the Railway Share Market
have been moderate, and a further upward move-
ment has taken place in prices. Eastern Counties,
and Manchester, Sheffield, and Lincoln have ad-
vanced ss. ; South-Western, Norfolk, and South-
Eastern, 10s. ; and Midland, ss. to 10s.
The Foreign and Colonial undertakings have
shown no materal variation. Scindes have ad-
vanced ss.

Joint Stock Bank and Miscellaneous Shares are
a shade firmer. Union of Australia have improved
55., and Peninsular and Oriental Steam 10s.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
2291 84
3 per Cent. Reduced Annuities
93 93i I i
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l6l
India 5t0ck.....,
Ditto 5 par Cent.
Ditto Enlaced Paper, 4 per Cent.
Ditto 4 per Cent
Ditto 51 per Cent
.. 1021 1
Ditto Debentures, 1858 97
Ditto, 1859
Dittu Bonds £l,OOO 7 3 d
Commis for Account, 9th Aug. 931
Exchequer Bills, £l,OOO, lid
Ditto £5OO 1 4 pm
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent 751
Brazilian 6 per Cent
Ditto ft per Cont. 1858
Ditto 1860 BB
Russian 5 per Cont. 1822, £ St
Ditto ft per Cent.
Spanish 3 per Cent.
Ditto Account _ 4Bl

Ditto New Deferred

Ditto Account
Ditto Passive
Turkish 6 per Cent
Ditto Account
Ditto New Loan
Dividends on the above payable in London.
THREE O'CLOCK.
Consols, Money
Ditto Account, August 931

THIS DAY'S SHIPPING.

LONDON, July 27.—Winc1 this day at noon—West
moderate breeze, and cloudy weather.
NRIVPORT, July 26.—Wind S.W.—Arrived—Baltic,
from Liverpool for New York.
SUNDERLAND, July 26.—Wind N.W.—Arrived—Boreo,
from Quebec.
SOUTHAMPTON, July 27.—Wind S.W.—Arrived—
Indus, steamer, from Alexandria.
PORTSMOUTH, July 26.—WindB.N,E,—Sailed—Her' St'
Majesty's ship Megan, for Malta.
HULL, July 26.—Wind N.W.—Arrived—Vidar, ISttl
from Richibueto ; Germanico, from Sulina ; Gustave, from '
Quebec.
DUNDEE, July 26.—Wind variable.—Arrived—Czar, 1'
and St. Lawrence, from Quebec. Sailed—Retriever, for sti
Quebec.
GRIMsI'r, July 26.—Wind N.E.—Arrived—Frigga, st'
from Quebec.
sti
CARDIFF, July 26.—Wind W.N.W.—Sailed—Vier
Gezusters, for Hong Kong ; Marshal Pelissier, for St.
Louis ; Frederick, for Monte Video ; Souvenir, for St
Thomas.

LIVERTOoL, July 27.—Wind N.—Arrived—Edinburgh,
screw steamer, from New York.
SILLOTH, July 25—Wind N.W.—Arrived—Vibilea,
from Salina.

(BY ELECTRIC TELEGRAPH.)
SOUTHAMPTON, Friday Morning.
Wind calm.
Arriyed, July 26—Hellmuth, from Riga; Alliance,
steamer, from Havre ; Le Coq, from Cherbourg ; Argyll,
steamer, from Carenton • Courier, and South-Western,
steamers from Jersey ; daielle, from London; Clio, from
Soderham
; Fortuna, from ITmea ; Temora, steamer, from
134311-°4; Graceful from Shields; Valiant, Light and Sign,
ranch, Mar ui
Arriyed, jculi s of Bute, and Alma, from Sunderland.
Sailed j Y 27—Indus, steamer, from Alexandria.
steamer,,follr, I.2rek-•-•Temora, steamer, for Dublin; Courier,
Sailed, July 2rY' .
svnuAbLeinater, steamer, for Holyhead.
--I;xii AND BRITISH TELEGRAPH.)

__...-....,....
Wind W. ; tide tw
-- Elma GRAVESEND, Friday Morning.
Arrived
ofhours flood; weather fine.
AVyborg ; Harfrsden, ;I'm Medernblik ; Fanny, from
dracht, and Die Risoer"laii, mea ; Oxford, Europa, Ben-
Argust,from St. Petersbur from Sundswall i Clements
g ; Louisa, from St. Maio ; Odin,
from Heisingberg ; Ocean C'hild and Magdalina, from Riga;
Delphina, from Ystad ; Dapper,
Rroonpantsic ; Sarah, from
Nassau; Anne Margretha, from
_ronsberCg7Cernarioknunse
from Memel ; Maren. Karstino, frotniTerg ;
from Rostock ; Jane Pringle, from k; onstadt ; Red Re-
becca, from Rotterdam.
Sailed, July 26—Mary White, for St. Petersburg ; Star
; Conqueror, for
Queen, for Bombay.
Sailed, July 27—La Hogue, for Sydney
Colombo.

RUMOURED PURCHASE OF THE ESTATE OF HAR-
VIESTOUN AND CASTLE CAMPBELL FOR LORD CLYDE.
It is currently reported here that Government, having, in
consideration of Lord Clyde's distinguished services in the
Crimea and India, determined to present the gallant
soldier with an estate in his native country, as an expres-
sion of the nation's gratitude, is negotiating for the pur-
chase of the estate of Harviestoun and Castle Campbell in
this county, and that Cie Andrew On- the present pro-
prietor, is now in London arranging as to the terms of sale.
This valuable estate, which is beautifuli7 situated at the
base of the Ochils, and watered by the sweet winding
Devon," has doubtless been fixed upon by Government as
an appropriate gift to the gallant hero from the name it
bears, and from its having been one of the, most ancient
seats cf the distinguished house of which Sir Cohn has
proved himself such a worthy scion,—Xorth British Daily