The Sun.
London, England, 1860-07-20 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocx.
There has been rather less activity in the Foreign
and Colonial Produce Markets during the last few

days. Tea has been exceedingly quiet, the dealers 5
deferring their operations until after the arrival of 13.1
ii
adviees by the Overland Mail, For sugar there stj
has been a steady enquiry, chiefly for home con 2.
-
sumption, and prices have been fairly maintained. stoc
Coffee at public sale went at slightly reduced rates, ig
but the enquiries for the better descriptions were ~.),(9)
to an average extent. Rice continued dull and the 2-r
dealings in saltpetre were only to a limited extent, 1'
at about former quotations. At the public sales of 15:
indigo prices have shown little variation, and
tallow has been in steady request at a slight ad- r-toocell
vance in values, stocl

The third series of Colonial wool sales corn- 5t02,1
menced yesterday evening, the attendance of both ro
home and foreign buyers was good, and prices st"'
stoci
averaged about the same as at the close of the is

auctions in M steelay. The quantity to be offered is stop
10
about 89,788 bales. steel

Rather less activity was exhibited in the cotton stop,
market at Liverpool yesterday, and prices remained :rocei
unchanged. The sales were estimated at 8,000
stoe; stoel
bales.

An active demand for money is still reported, :ttooe,
and the rates of discount consequently continue steel2s
firm. The payment of railway calls and subscrip- steel
tions for shares in new companies still augment the
general inquiry, and the expectation of a loan for 25
the fortifications has added to the reserve shown st2o;
by the capitalists, who are no doubt to some extent
holding themselves prepared for any operation the lc
stoe)
Government may have to negotiate. stoei
At the forthcoming meeting of the Scottish sr,
Australian Investment Company a dividend will 2'
be proposed at the rate of 10 per cent. per annum. 110'0
The Ripon has arrived from Alexandria with V
£l,lBO in specie. stet

A meeting has just been held of the English, stgto
Scottish, and Australian Chartered Bank, when a stool
dividend at the rate of 5 per cent. per annum, as stool
also the report, was warmly adopted. stet
,tne
Very little alteration has taken place to-day in 25
the market for Public Securities, but the trans- spttnocel
actions having been limited prices have not been iof
affected to any material extent. Consols are 931 tr
for money, and 931 for account, being the same 1:
as they closed yesterday afternoon. The New 3
per Cents. and the Reduced are heavy, at 931 -1; stool
the New 21 per Cents., at 761 ; India Stock is 8,1°,`,
firmer, at 218 and 220 ; ditto New Loan is steady, stoc
at 1041 ; ditto 5 per Cent. Enfaced Paper is at stool
971 ; and Exchequer Bills are ls. to 4s. prem. sslt°„cel
Bank Stock is flat, at 2281 to 230. stocl
20
Continued quietude has prevailed in the Foreign 25
Stock Market, and prices, in some instances, are 22
rather heavy. Turkish 6 per Cents. are 77 to 771 ; i
sstoc'ee
ditto New, 601 61; Russian 41 per Cents. have re- 2r
ceded to 9371 ; ditto 3 per Cents. to 64; Dutch 21 per 25
Cents. are firmer at 651; ditto 4 per Cents, at 12
stoci
10ii ; and Brazilian 5 per Cents. at 1001. 13
The Ocean Marine Insurance Shares are 21 1 stsTi
prem. ; the Thames and Mersey, -7; 1 prem. ; and the 21
Universal, _a_ prem. 11
The, Mercantile Bank of St. Petersburg has de- st2ol,
dined to 1 1 prem.
The dealings in the Railway Share Market were stoe
on a very limited scale, and the variations in prices -
have been unimportant. North Western have de-
clined 55.; South Western, 10s. ; and South Wales
£l. Lancashire and Yorkshire, and West Mid-