The Sun.
London, England, 1860-07-24 00:00:00

MONEY MARKET AND CITY NETVS.

CITY, Two o'CLocK.

The market for Foreign and Colonial Produce
has been less active during the last few days. For
tea the inquiries have been limited. Sugars have
shown a downward movement in prices, but a strong
business has been done in coffee at full rates.
Rice has been in fair request at about late
quotations, and moderate dealings hare been
effected in spices and saltpetre. At the public
sales of indigo, just closed, an average decline of
about 6d. to 9d. per lb. took place in the rates rea-
lised compared with those of the previous auction%
and a large proportion of the quantity offered has
been either bought in or withdrawn. Tallow has
been in strong demand, chiefly for home consump-
tion, and prices tend upward.

A diminution is reported in the general demand
for money, and the discounters are consequently
disposed to negotiate approved commercial securi-
ties with greater readiness, although they still en-
force full rates for the accommodation they afford.
There is a pleatifal supply of money, however, and
if the inquiry should continue moderate, which
seems scarcely probable where so many new pro-
jects are being introduced, competition may lead to
the establishment of reduced quotations.
At the usual half-yearly meeting of the Bank of
London, held to-day, a dividend, at the rate of
5 per cent. per annum, free from income tax, was
declared.

The Cotton Market at Liverpool yesterday was
again very quiet, and prices were variable. The
sales were estimated at 7,000 bales.
A dividend of 15s. per share will be proposed at
the forthcoming meeting of the Australian Agri-
cultural Company.

At the approaching meeting of the Bank of
Egypt shareholders, a dividend will be recom-
mended at the rate of 7 per cent. per annum, the
available balance being £11,148 9s. 10d.
The Market for Public Securities continues quiet,
at previous rates, the debate in the House of Com-
mons last evening upon the national defences not
having caused any material variation. Consols are
93 to 93-rt for money, and 938 for account. The
New 3 per Cents. and the Reduced are firm at 938 s ;
Long Annuities at 168 ; India Loan is heavy at
1041 I; ditto Stock at 218 ; and Exchequer Bills
are is. to 4s. prem. ; the New 21 per Cents. have
improved to 771.

A moderate amount of business is recorded in
Foreign Securities, and prices show no materiel
change. Turkish 6 per Cents. are 77 to 771 ; ditto
New, 60 8 ; Mexican is flat at 201 1 ; Russian 3
per Cents. are at 631 to 648 ; ditto New Loan is
marked 1 prem. ; Sardinian are steady at 831 ;
Spanish are heavy at 481 to 49 ; and Brazilian at
991 to 100. _ _ _

The Ocean Marine Insurance Shares are 24--
ti
prem. ; the Thames and. Mersey, 1, 1 prem. ; and the
Universal, k 1 prem.

The dealings in the Railway Share Market have
been to a fair extent, and prices have shown an
upward movement. Caledonian, Eastern Counties,
Great Northern, and South Eastern have advanced
ss. ; Bristol and Exeter, Brighton, Manchester,
Sheffield, and Lincoln, and Midland, 10s. ; North
Western and Great Western have declined ss. ; and
South Western 15s.

In the Foreign and Colonial Market the varia-
tions have been unimportant. Great Luxembourg
.were steady at 7 ; Great Western of Canada brought
111; East Indian, 994 991; and Great Indian
Peninsula, 97 to 974.

Joint Stock Bank and Miscellaneous Shares were
at about ',previous values. London Chartered of
Australia brought 23 ; Oriental Bank, 17-1- ; Electric
Telegraph have improved to 107, and Peninsular
•and Oriental Steam to 74t- ; Red Sea Telegraph are
Steady at 20.

BRITISH FUNDS—ONE O'CLOCK.
3 per Cent. Reduced Annuities 93} 1
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
New 2.1 poi. Cont. A.nnnitioo 771
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l6i
India Stock . ,
Ditto 5 per Cent.
`Ditto Enlaced Paper, 4 per Cent.
Ditto A per Cent 971
Ditto 51 per Cent.
Ditto Debentures, 1858
Ditto Bonds £l,OOO 3 d
Ditto under £l,OOO .. 7 d
Consols for Account, 9th Aug 934
India Stock for Account —
Ditto 5 per Cent. for Account
Exchequer Bills, £l,OOO, lid
D On £5OO 3 pm
Ditto Small

FOREIGN FUNDS—ONE O'CLOCK.
Braglien 5 per Cent
Ditto 41 per Cent. 1858
Ditto 1860 B7l
Mexican 3 per Cent —
Ditto Account
Russian 5 per Cent. 1822, £ St —
Ditto 4} per Cent. Scrip, 1860
Ditto 3 per Cent., 1859
Sardinian 5 per Cent.
Ditto Account
Spanish 3 per Cent
Ditto Account
7

Turkish 6 per Cent
Ditto Account
Ditto New Loan
Ditto Account
Dividends on the above payable in London.
TWO O'CLOCK.
Consols, Money
Ditto Account, August 93k

HOP INTELLIGENCE.

WORCESTER.--There has not been any improve-
sto
1'
ment in our plantations this week, a
bad.ndt Dutygeneralhe o
stop
reports at market to-day were very
sto
£B,OOO. sto
MAIDSTONE, July 19.—The hop plantations have 2
gone back considerably during the past week, more I
especially since Monday last. There were symp- 2
toms of improvement when we last reported, but
at present they appear to be entirely gone ; they
are in many grounds completely beset with the fly stc
and lice, and the vermin are making great inroads 0(
upon the weak bine, discolouring the leaf and giv stc
-
ing it an unhealthy appearance. The bine does not
grow out as it should at this time of the year ; the 1.
Midsummer shoot in some places is entirely ab-
sent, and, on the whole, the prospect of a crop is st
far from cheering. Honey dew has appeared, and ;t,
there is an evident blight among the hops.—Sussex
stst
Express.

THE MAILS.