The Sun.
London, England, 1860-07-11 00:00:00

.310NlY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

The Money Market is gradually assuming an
easier appearance, the demand having abated, while
the available supplies have been largely augmented
by the distribution of the dividends. Bills of first-
rate quality are now negotiable per cent. below
the Bank minimum, and it is just probable that a
farther slight relaxation will be experienced.

In the Liverpool Cotton Market yesterday the
transactions were not so extensive, but prices re-
mained unaltered. The sales were 10,000 bales.
The Railway Share Market closed quietly, and
quotations were lower.

The foreign exchanges yesterday afternoon ex-
hibited no change of importance.
The steamer which leaves to-morrow for Bom-
bay will not on this occasion take out any specie.
The Armenian, from the West Coast of Africa,
has arrived with £10,400 in specie.
An instalment of 8 per cent. is due next Tuesday
on the Canadian Loan of 22,800,000.
The quarterly sales of indigo commenced yes-
terday afternoon, when there was a good attend-
ance, but the biddings were by no means active,
and a decline ranging from 2d. to 6d. per lb. was
established on the rates current at the previous
auctions. During the series about 15,267 chests
will be offered.

To-day the sales have proceeded in the same
manner, a general decline being apparent.
At the Meeting of the proprietors of the Union
Bank the directors' report, which has already ap-
peared in The Sun, was unanimously adopted, with
only one dissentient.

There has been a very heavy market for Public
Securities, a decline of rather more than 1 per cent.
having taken place in consequence of foreign
politics, and the impending loan for China and the
defences. Consols have receded to 921 932 for
money, and to 931 1 for August. The New 3 per
Cents. and the Reduced are flat at 931; India
Stock is firm at 220 ; ditto New Loan, at 1041 1 ;
but the Bonds have receded to 7s. dis., and Exche-
quer Bills to 2s. dis. ; Bank Stock remains at 229.
Business in the Foreign Stock Market continues
moderately active, and prices are rather heavy.
Turkish 6 per Cents. are 77 to 771 ; ditto New,
591 to 60; and the 4 per Cents. remain at 1021 ;
Brazilian 41 per Cents. (1860), at 871 ; and Sar-
dinian at 821. Mexican have receded to 201 ;
Spanish Deferred to 391 1; ditto Passive to. 191.
Russian 41 per Cents. are firm at 931; the 3 per
Cents. at 6411 and the New Loan is 2 I prem.

The Ocean Marine Insurance Shares are la
prem. ; the Thames and Mersey, 1 prem. ; and
the Universal, _ _ _

The dealings in the Railway Share Market have
been limited, and prices, in several instances, have
shown a downward movement in sympathy with
the English Funds. Caledonian, Midland, North
Eastern (Berwick), and South Eastern, have each
declined 55.; and North British, 10s. ; ' Great
Northern A Stock have improved 155.; London
and Brighton, Great Western, and South Western
realise former rates.

The Foreign and Colonial undertakings are
inactive, and little variation is apparent in prices.
East Indian, Great Western of Canada, and Grand
Trunk of Canada have declined ss.

Joint Stock Bank and Miscellaneous Shares have
been in very limited request. London and West-
minster have improved 10s. ; Ottoman Bank de-
clined ss. ; and Red Sea Telegraph are steady a
191.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock .
3 per Cent. Reduced Annuities 93k 1 3
;Ter Cent. Consols Annuities
New 3 per Cent. Annuities
India Stock ..
Ditto 5 per Cent. 1 lO4l 1
Ditto Bonds £l,OOO
Consols for Account, 9th Aug 931 I
India Stock for Account
Ditto 5 per Cent
Exchequer Bills, £l,OOO, 11d

FOREIGN FUNDS—ONE O'CLOCK.
Brasilian 6 per Cent ..
Ditto 41 per Cent. 1852 BB'
Ditto 4} per Cent. 1860
Mexican 3 per Cent
Ditto Account
Russian 5 per Cent. 1822, £ St ..
Ditto 4i per Cent 931
Ditto 3 per Cent., 1859
Sardinian 5 per Cent
Spanish 3 per Cent... '
Ditto New Deferred
Ditto Account
Ditto Passive
Turkish 6 per Cent
Ditto Account
Ditto New Loan
Ditto, Account
Ditto. Guaranteed, 4 per Cent.
Dividends on the above payable in London.
Belgian, 41 pee Cent., Ex. 25f, 9B/
TWO O'CLOCK.
Consols, Money
Ditto Account, August 93} I

39f
391
19.1