The Sun.
London, England, 1860-12-14 00:00:00

01Y_E

Rifle T AND

CITY NEWS.

CITY, Two o'CLooK.
The markets for Foreign and Colonial Produce
during the last fow days have shown considerable
heaviness. Sugars have exhibited a downward
tendency, lower rates having been accepted by
holders. In the refined market prices have also
given NV ay. For the better qualities of coffee
full rates have been realised, but com-
mon and inferior descriptions have been
cheaper. Tea has remained very inactive, opera-
tions having been partially discontinued pending
the settlement of the dispute among the trade
with regard to the adjustment of the fees to be
paid at public sales. For rice there has been
a very limited inquiry ; and fruit, spices, and salt-
petre have been neglected. The tallow market
has continued very quiet, and prices have shown
less buoyancy, P.Y.C., on the spot, being quoted
GOs. to GOs. 3d., and spring delivery 60s. 6d. per
cwt.

Increased activity prevailed in the Liverpool
Cotton Market yesterday, and 12,000 bales were
disposed of at full prices.
A further sum of £104,000 in refined gold was,
sent into the Bank of England yesterday; but
some small parcels of sovereigns were withdrawn
for shipment to the United States.
At the half-yearly meeting of the proprietors of
the London Chartered Bank of Australia a dividend
of 3; per cent, for the half-year, free of income tax,
was declared.
At a meeting held yesterday of the creditors of
Messrs. Piper and Sons, builders, the liabilities
were stated to be £52,236, and the assets £15,617.
After a long discussion a composition of 4s. 6d. in
the pound was agreed to, payable by instalments
extending over a period of twelve months.
The demand for money continues moderate, and

discounters are still charging rather less than the
Bank of England minimum for the best qualities of
commercial bills. Greater confidence seems to
prevail among capitalists in consequence of the
more favourable tendency of the specie movement
at the Bank of England and the anticipated failure
of the Turkish Loan.
The Teutonia has arrived at Southampton from
New York, with £19,000 in specie for France.
A meeting of the proprietors of the South Aus-

tralian Company has been held to day, when the
supplementary report of the directors, of which the
following is an extract, was adopted:—After deduct-
ing the amounts allowed for losses and reductions
of rent written off, the income for the half-year
ended the 30th of June is as follows, viz. :—Rent
frem country lands, £7,200 3s. 4d. ; ditto mineral
lands, £44 13s. 2d. ; ditto town lands, £2,119
18s. 3d.; ditto port lands, £1,541 Hs. 6d.; wharf-
age, £2,419 3s. 2d. Total, £13,325 1 is. sd.
The market for Public Securities has been very
dull to-day, but previous quotations have been
firmly maintained, Consols being 92',75, 1 for the
account. Speculation is very much restricted, and
the dealings for transfer in the stocks for which the
books are open are equally circumscribed. The
New Threes are firm at 921 2 ; the Reduced are
steady at 92± ; India 51 per Cent. Enfaced Paper
is at 1011, ; ditto Debentures are flat at 961 a ; but
Exchequer Bills have improved to 2s. dis.
Business in the Foreign Stock Market is quiet,
but prices, in some instances, show a further im-
provement. Turkish 6Ter Cents. are 721- to 724 ;
ditto New, 571 to 581; and the £lOO Bonds are
firmer at 59 60 ; ditto 4 per Cents. at 1021 ; Mexi-
can, at 214- ; and Brazilian 41 per Cents., at 864
87; but Russian 41 per Cents. are heavy at 941.
Business in the Railway Share Market has been
inactive ; prices, however, are generally well
maintained. Caledonians have advanced to £1 10s.

and North British £1 10s.; Great Northern, 155.,

and Manchester, Sheffield, and Lincoln ss. Mid-

lands are heavy, and have declined ss.
The Foreign and Colonial Markets have con-
tinued dull. South Austrian and Lombardo-Vene-
tian are steady at 131. Great Luxemburg have
improved to 6a 61 ; East Indian to 101/ ; and
Great Indian Peninsular to 981.

Joint Stock Bank and Miscellaneous Shares have
been neglected. Australian Agricultural are

steady at 31 and Anglo-Mexican Mint at 131,

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities 92a 1
New 3 per Cent. Annuities
India Stock .. . —
Ditto Enlaced Paper, 4 per Cent —
Ditto 61 per Cent.
Ditto Debentures, 1853
Ditto 1869 96 6
Ditto Bonds £l,OOO —
Ditto under £l,000
Console for Account, Jan. 10
India Stock for Account , . —
Ditto 5 per Cent ... .
Ditto Account
Exchequer Bills, £l,OOO, 11(1
Ditto £5OO 2 5 dis
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent ..
Ditto 41 per Cent, 1860 .... 87 61
Mexican 3 per Cent ..
Ditto Account
Peruvian 41 per Cent 96
Portuguese 3 per Cent., 1853.
Russian 5 pet Cent. 1822, £ St • • --
Ditto 41 per Cent 941
-,'patsish 3 per Cent...
Turkish 6 per Cent ..
Ditto Account
Ditto New Loan
Ditto Account . ••• ••••
Ditto £lOO Bonds
Ditto Guaranteed, 4 per Cent.
_dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Cent.
Peruvian Dollar Bonds, 41 per Ct. Ex. 4s BO
THREE O'CLOCK.
Consols for Account, lOtk Jan., ex div.. 9* i