The Sun.
London, England, 1860-06-22 00:00:00

.MONEY MARKET AND CITY NEWS'.

CITY, Two o'CLocu.
A steady business has been done during the last
few days in most descriptions of foreign and colo-
nial produce. For tea, however, the inquiries were
only to a moderate extent at abcut former rates.
The better descriptions of sugars have been in more st;
demand, and in some instances have realised ad-
vanced values. st
In the Refined Market prices have generally se
tended upwards. Good and fine qualities of coffee
have been much inquired for, and have risen 6d. to
ls. per cwt. Rice has been in moderate favour at
full prices ; and in spices and saltpetre about an
average amount of business has been transacted at
former quotations. Tallow has been in better de- l st(
mand, particularly for present delivery, owing to
sty
the smallness of stocks in the hands of dealers, and St;
values have tended upwards. P.Y.C. on the spot
525. 6d. to 525. 9d., and last three months 525. 9d. se'
stc
per cwt.
There were no bullion operations at the Bank of st(
England yesterday.
At the forthcoming meeting of the South Aus- sstf(,
st,
tralian Banking Company, a dividend at the rate
of 10 per cent. per annum will be proposed free of :l,
etc
income tax.
Notice has been given that interest at the rate of se
6 per cent. per annum will be paid on and after the sty
Ist proximo on the shares of the Ottoman Railway.
The Glasgow has been announced from New
York with £82,000.
The transactions in the Liverpool Cotton Mar-
ket, yesterday, were of rather an extensive charac-
ter, but prices remained without alteration. The
sales amounted to 12,000 bales. In the Railway
st
st
Share Market business was tolerably active, and
quotations tended upwards.
An active demand for money is still experienced,
and the rates continue firm. The prospect of new 1
loans still exercise some influence, but the commer-
cial classes can obtain ample accommodation at the st
current quotations. et'
Continued quietude is apparent in the market for st
public securities, but the Funds are tolerably
steady, the few dealings recorded having taken 11,
place at the rates previously current. Sales of
Rt'
stock for transfer are still effected, and they se
tend to increase the prevailing depression.
Consols have been 931 a, and they are now 931,
being flatter. The New 3 per Cents. are firm at st,
931 4 ; the Reduced are steady at 93 1; India
Loan Debentures are 961 ; and Exchequer Bills,
et
par to 2s. prem., being depressed. st
A fair amount of business is recorded in Foreign At
Securities, and prices are tolerably firm. Turkish
6 per Cents. 771 to 78 ; ditto New, 601 to 61 ; sstt,°
Spanish Deferred have improved to 391 ; ditto :tt:
Passive to 18 ; and Brazilian 41 per Cents. (1858)
881 ; Russian 41 per Cents. are heavy at 961 97 ;
ditto 3 per Cents. at 64 ; Sardinian at 811; and
st,
Dutch 21 per Cents. at 66.
The Ocean Marine Insurance shares are 1
prem.; the Thames and Mersey to 1 prem. ;
12
and the Universal, par to 1 prem.
The Labuan Coal shares are 11 prem.
In the Railway Share Market the dealings have
not been extensive, prices, however, have shown
more firmness. Caledonians, North Westerns, and
North Eastern (Berwick), have improved ss.
Eastern Counties, Great Northern, Midland, and
South Eastern 10s.

The Foreign and Colonial Markets have shown
little variation of importance. Great Luxembourg
realize 6i; East Indian 102 ; Great Indian Penin-
sular 991 100; and Great Western of Canada have
improved to 11/ 119.

Joint Stock Bank and Miscellaneous Shares have
shown less firmness. Bank of Australasia have de-
clined 10s. to 15s. ; and Union of London, ss. ;
Crystal Palace realised 31 to 311 ; Great Ship Com-
pany, } ; and Peninsular and Oriental New Shares,
32}.