The Sun.
London, England, 1860-07-10 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.

A steady business has been transacted in the
Market for Foreign and Colonial Produce during
the last few days. Tea, however, has been inacti-e,
owing to the large quantity to be offered at public
auction today. Sugars have been in moderate re-
quest at former values, but coffee, cocoa, and rice
slightly declined. In rum the dealings had° been
of an unimportant character, with the exception of
the quantity taken under the Government contract.
For saltpetre there has been only a limited inquiry,
and the tallow market has continued inactive, the
dealings for both present and forward delivery
having been on a limited scale, at a slight reduction
in values.

Increased activity prevailed in the Cotton Mar-
ket at Liverpool yesterday, but prices were heavy.
The sales amounted to 15,000 bales. A fair busi-
ness was transacted in the Railway Share Market,
and quotations exhibited a decided improvement.
A call of £2 10s. per 'share, amounting to
£138,887, is due to-day on the Bombay, Baroda, B,
Railway shares, and of £2 10s. or £27,000 on the
Newport, Abergavenny, and Hereford 6 per Cent.
Preference Shares, 2d issue.
The committee of the Stock Exchange have ap-
pointed Thursday next a special settling day in the
following, viz., London and South African Bank,
the Universal Marine Insurance, and the Casara
Lead Mine, and transactions in the two former are
marked in the official list. _ _

The payment of the dividend is producing a
favourable effect upon the Money Market, the de-
mand having abated, while the bankers and brokers
are disposed to negotiate first-class securities on
rather easier terms. It is not expected, however,
that any important relaxation will take place,
owing to the reserve created among capitalists by the
commercial failures. The promotion of new joint-
stock enterprise, moreover, will, no doubt, produce
some effect, and assist in imparting firmness to the
rates of discount.

The indigo sales commenced this afternoon, and
a general decline was exhibited in the prices
realised.

The half-yearly meeting of the London and
Greenwich Railway Company has just been held,
when a dividend of £1 6s. Bd. per cent. for the past
half year was agreed to, free of income tax.
Very little alteration has taken place today in
the market for Pablic Securities. A heavy tone
has prevailed, but the dealings which have been
mostly connected with the settlement have not led
to any material variation, Console being 931 dfor
money, and 931 8 for the account. The New 3
per Cents, and the Reduced are at. 931 # ; India
Stock is 219; ditto New Loan is heavy at 1041 a ;
ditto 5 per Cent. Enfaced Paper at 964 971 ; but
59 per Cent. ditto is firm at 1021; and Exchequer
Bills have improved to 3s. and 7s. prem. ; but
Bank Stock has receded to 229.
A fair amount of business is recorded in Foreign
Securities, and prices tend downwards. Turkish
6 per Cents. are 77/ to 771 ; ditto New, 591 to
601; Mexican have receded to 209 ; Spanish
Deferred to 391 ; Sardinian to 82a 1; Russian 5
per Cents. to 1071 ; ditto 41 per Cents. are firm at
931 ; the 3 per Cents. remain at 64, but Dutch
4 per Cents. have improved to 1011.

The Ocean Marine Insurance Shares aro 18
prem. ; the Thames and Mersey, 1 prem. ; and
the Universal, 8 4 prem.
Business in the Railway Share Market has been
very inactive and little variation of importance has
taken place in prices. Eastern Counties have de-
clined ss. ; Lancashire and Yorkshire, and North.
Eastern Berwick improved 55.; Brighton, South
Western, and one or two others brought former
rates.

The Foreign and Colonial under takings have
also been in limited request. Lombardo-Venetian
remain strong at 12, and Great Luxembourg at 7;
East Indian have improved to 100 t, and Great
Indian Peninsula are steady at 971 98.

Joint Stock Bank and Miscellaneous Shares are
at slightly reduced rates. London and West-
minster have receded ss. and Union of London, £l.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock ' 229
3 per Cent. Reduced Annuities 934 4
3 per Cent. ConseLs Annuities
New 3 per Cent. Annuities
India Stock ..
Ditto 5 per Cent.
Ditto Enlaced Paper, 4 per Cent. —
Ditto A per Cent. .
Ditto 55 per Cent.
Ditto Debentures, 1858 961 4
Ditt, Bonds £l,OOO
Ditto under £l,OOO ..
Consols for Account, 9th Aug .. 935 4
Exchequer Bills, £l,OOO, lid
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Brasilian. 6 per Cent
Ditto 45 per Cent. 1858 BB4
Ditto 44 per Cent. 1860
Ditto Scrip
Greek 54
Mexican 3 per Cent —
Ditto Account
Grenada New Active, 35 per Cent.
Ditto Deferred
Peruiian 41 per Cent
Ditto (Uribarren), 45 per Cent.
Portuguese 3 per Cent., 1853. ..
Ditto Account
Russian 5 per Cent. 1822, £St •
Ditto Account
Ditto 41 per Cent 934
Ditto 3 per Cent., 1859
Sardinian 5 per Cent. . 824 1 1
Spanish 3 per Cent...
Ditto New Deferred
Turkish 6 per Cent • .
Ditto Account
Ditto New Loan
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above payable in London.
Datch Exchange, 12 Guil. 25 per Cent —
Ditto Certificates, 4 per Cent.
THREE O'CLOCK.
Consols, Money
Ditto Account, August 934 4