The Sun.
London, England, 1860-05-11 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

During the last few days there has been rather
more animation in the Foreign and Colonial Pro-
duce Markets. For the better qualities of sugars
suitable for home consumption the demand has im-
proved, and prices have advanced about 6d.
per cwt. Coffee, however, has been dull, at a de-
cline of 6d. to is.. per cwt. Tea at public
sale was rather inactive, late rates, however, were
sustained for the superior kinds. No material
change has taken place in the value of rice, but
fruit and spices have been at rather easier rates.
Saltpetre ..has continued in moderate request, at
full quotations, but tallow has been quiet, the de-
mand for consumption having been restricted,
while only a few speculative dealings have been
reported.
In the Liverpool Cotton Market, yesterday, a
fair amount of business was transacted, and prices
were steadily maintained. The sales were 10,000
bales.

At the Bank of England yesterday there were
no bullion operations of importance.
The Indus, which leaves to-morrow for Bombay,
will. take out £41,080, viz., £8,300 in gold and
£32,780 in silver.

Notice has been given by the Spanish Financial
Commissioners that the auction of the Foreign
Redeemab!e Debt will take place at Madrid on the
30th, for which purpose 375,000 reals have been
assigned by the Government.
There is a steady demand for discount accommo-
dation in the general discount market, where busi-
ness can be negotiated at least per cent. cheaper
than at the Bank of England, notwithstanding the
reduction in the minimum. The supply of money
being plentiful, the bankers and brokers are
anxious to employ their resources, and accordingly
evince a disposition to offer increased facilities.
The general charge for first-class bills is 41 per
cent., but short dated paper can be discounted on
easier terms.

There has been very little activity to-day in the
' market for Public Securities, but rather a heavy
tone has pervaded, and prices are a shade flatter,
Consols being 951 1 for money, and 951 Z for ac-
count. Speculation is dull, and there are very few
operations in stock for transfer. The New 3 per
Cents. are steady at 931 ; the Reduced at 931 I ;
India New Loan is firm at 1061 ; and ditto 51 per
Cent. Enfaced Paper is 104; ; end Exchequer
Bills are firm at Gs. to Bs. prem.
Rather more activity is apparent in the Foreign
Stock market, and prices are steady. Turkish,6
per Cents. are 761 to 761; ditto New, 601 to 611 ;
Venezuelan 3 per Cents. remain at 261; Buenos
A yres Deferred are firm at 25 ; Portuguese at 454 ;
Russian 3 per Cents. at 65; ; Sardinian at 861 ;
and Spanish at 371.

The Ocean Marine Insurance Shares are 21
prem.; Universal ditto, 1 2 prem. ; and the London
and South African Bank 1 prem.
The dealings in the Railway Share Market have
been very restricted, and the few transactions re-
corded show a further slight depression. Caledo-
nians, North• Westerns, Midlands, and Norfolks
declined ss. ; and Great Westerns and North-
Eastern (Berwick), 53. Edinburgh, Perth, and
Dundee improved ss.
The Foreign and Colonial lines have been dull.
Lombardo-Venetian realised 122 a. East Indian
have improved to 1021 ; and Grand Trunk of
Canada, 33 331. Great Indian Peninsula have
receded to 991.
Joint Stock Bank and Miscellaneous Shares con-
tinue in very limited request. London and West-
minster, however, have improved 10s. ; and Royal
Mail Steam declined 10s.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities 93a I
3 per Cent. Comb's Annuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire sth Jan., 1880 l3a
Ditto for 30 yrs, expire sth April, 1885 l7 7-16
India Stock . .. —
Ditto 5 per Cent.
Ditto Enlaced Paper, 51 per Cent lo4a k
Ditto Debentures, 1853
Di ro Bonds, £l,oot'..
Consols for Account (6th June)
Exchequer Bills, £l,OOO, 11d
;,( )li, Ij; IGN FUNDS—CLOSING PRICES.
Brasilian 5 per Cent
Ditto Account
Ditto 4 per Cent. 1858 914 901
Ditto Scrip, 1860
Buenos Ayres, 6 per Cent —
Ditto Deferred
Portuguese 3 per Cent., 1853, Account 454
Russian 5 per Cent. 1822, £ St ..
Ditto, 3 per Cent., 1859 6sg 411
Sardinian 5 per Cent. Account..
Spanish 3 per Cent. Account —
Ditto New Deferred 3 per Cent Account 374
Turkish 6 per Cent
___

Ditto Account
Ditto New Loan
Ditto Account ..
Venezuelan 3 per Cent
Ditto Account

Ditto 11 per Cent.
Dividends on the above payable in London.
Datch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Ceut.
THREE O'CLOCK.
Consols, Money
Ditto June A•count