The Sun.
London, England, 1860-09-11 00:00:00

MOAEY MARKET AND CITY NEWS.

CITY, Two o'CLocx.

During the last few days there has been less
activity in the markets for foreign and colonial
produce. Sugars maintained their previous values,
and full prices were readily obtained for coffee.
Rice has been dull, with a downward tendency in
value. In fruit, saltpetre, and spices, only a limited
business has been transacted, without producing
any material alteration in quotations. For tallow

.here has been a moderate inquiry for present de-

livery, at steady rates, and the tone of the market
has been firmer ; and, notwithstanding the heavy
arrivals, less disposition has been evinced on the
part of holders to effect sales. P.Y.C., on the
spot, and at three months, is quoted 525., and for
speedy delivery 525. 9d. per cwt.

In the Liverpool Cotton Market yesterday, a
large amount of business was recorded, and prices
exhibited a slight advance. The sales were esti-
mated at 15,000 bales.

Notice has been given by the Spanish Financial
Commission that the auction of the Foreign Re-
deemable Debt will take place at Madrid on the
29th inst., for which purpose the Government have
assigned 986,940 reals.

The steamer Delta, which leaves to-morrow, will
take out £3s,Boo—viz., £35,000 in gold to Bom-
bay, and £BOO in gold to Alexandria.
The only alteration in the Money Market is a
slightly increased demand, which, however, has not
been sufficient to create an active business. There
is still only a limited enquiry for commercial pur-
poses; trade, although presenting some indications
of improvement, still being in a quiescent state.
Bankers and brokers are negotiating first-class bills
on lower terms, but they are exceedingly cautious,
owing to the late failures, and the doubt still en-
tertained respecting the stability of credit in certain
departments of business.

Owing to the limited demand for gold on Conti-
nental account the American and Australian re-
mittances are mostly retained in this country, and
frequent additions are consequently made to the
stock of bullion in the Bank of England. A further
parcel comprising about £64,000 was received
there yesterday, and from the position of the ex-
changes it may be inferred that an important accu-
mulation will take place before the October divi-
dends become due, when a temporary reaction may
be expected from the usual increase in the circula-
tion of coin.

There has been a very quiet market for Public
Securities to-day, but the quotations have been well
maintained. At first the tendency seemed un-
favourable. but rather more firmness is now exhi-
bited, Consols being 931 1 for money, and 931 for
the account. The New 3 per Cents. are heavy at
931 ; India Stock is 210, and ditto New Loan is
steady at 103-Z ; ditto 5 per Cent. Enfaced Paper
at 961 ; and ditto 51 per Cent. has receded to 1021
and Exchequer Bills remain at par to 3s. prem.
Foreign Securities have been dealt in to a mode-;
rate extent, and prices show no material alteration;
Turkish 6 per Cents. are 731 74 ; ditto New, 571 4 ;
Brazilian 41 per Cents. are steady at 87 4; Buenos
Ayres have improved to 98 ; but Venezuelan 3 per
Cents. are heavy at 23 ; and Mexican at 211 .
Chilian 44 per Cents. nre marked 821; and Porte-
guese, 43144.

The Ocean Marine Insurance Company's shares
are to 24- pm. ; the Thames and Mersey, t pm. ;
and the Universal, g 1 pm.

The Railway Share Market has been moderately
active ; prices, however, appear heavy. Caledo-
nian, London and Blackwall, Manchester, Sheffield,
and Lincoln, and South-Eastern declined ss.
Brighton, 155.; Lancashire and Yorkshire, and
South-Western, advanced 55.; and Great Western,
10s.

The Foreign lines continue depressed. South
Austrian and Lombardo-Venetian have receded to
lin.

In the Colonial Market Great Western of Canada
have improved to 131, East Indian to 100, and
Great Indian Peninsula to NI.
Joist Stock Bank and Miscellaneous Shares
are a shade firmer. London and Westminster
realise 58-1-; London and County, 351; Bank of
Egypt, 201 ; Ottoman Bank, 17. Peel River Land
have declined to 471, and Peninsula and Oriental
Steam New Shares to 374 38.

BRITISH, FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities Shut 93f
3 per Cent. Consols Annuities
New 2 per Cent. Annuities
Annuities, 30 yrs, expire 6th Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 Shut
India Stock. .. 216
Ditto 6 per Cent lO3l a
Ditto Enlaced Paper, 4 per Cent —
Ditto 6 per Cent
Ditto 5f per Cent.
Ditto Debentures, 1858
Ditto, 1859
Consols for Account, 11th Oct 93} i 1 i
Exchequer Bills, £l,OOO, lid
Ditto Small
FOR ER GN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
Ditto 4f per Cent. 1860
Buenos :tyres, 6 per Cent
Ditto Account
Chiliark 6 per Cent
Dit'co 4f per Cent B2f f
Mexican 3 per Cent
Ditto Account
Portuguese 3 per Cent.. 1853
Ditto Account
Spanish 3 per Cent... —
Ditto New Deferred 3 per Cent Account 39i
Ditto eassive
4,panish Coro. Cert. of Coup. not funded.. 5f 1
Turkish 6 per Cent —
Ditto Account
Ditto New Loan
Venezuelan 3 per Cent
Ditto Account .
Dividends on the above payable in London.
THREE O'CLOCK.
Consols, Money
Ditto Account..

Tha discovery of silver, lead,
and copper mines
in British Columbia, reported in the American advices of
yesterday, is stated to have been made on the Lower Frazer
River, and also further in the interior. The silver ore is
alleged to contain 5 per cent. of silver, and mines of copper
"in blocks too large for removal," and equal to those on
Lake Superior, are also described. In succeeding accounts
these statements will perhaps dwindle to the point at which
it is "doubtful if the lodes will pay for working."
M. EDWIN JAMES.—The trip of Mr. E. James
to Southern Italy continues to occupy the attentionof some
foreign journals, which, in spite of the contradictions that
have reached them from your side of the Channel, pest
in believing that he has gone on a mission from the
.14ritish
Government to Garibaldi. I would call it a secret mission,
ttoor w, hahtattho what The somebody or other has taken care it should not be that. Nord', entertains no doubt on the subject, because cer-
tainrarie and Turin papers have given precise details as
hopes memberie
is for
to
hold
M a r y
out,leb naen isd
whatto s a ya
adovice
v thece
and Dicta-
tor, i c
at as
--
sFance he is to give. Wherever Mr. James goes a con-
viction seems to sPead that he is no ordinary traveller, gone
in quest of a little sunshine after a session in the fogs of
Westminster, but an emissary instrusted with instructions
that may influence_ the destinies of Italy. He had scarcely
passed through Paris :wumstantial hen the announcement of his em-
bassy
periodical, and the other Paris papers have hardly
done copying and commenting upon this when the post
i ;PpPeera?rs, i with cire details, in a favoured
wek
from Piedmont brings us Turin journals big with similar
information. One might almost imagine that an odour of
diplomacy emanated from the person of the honourable and
Garibaldi all lo has to say,
learned gentleman, who has probably by this time told