The Sun.
London, England, 1858-12-21 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.
The foreign and colonial produce markets, during
the last few days, have exhibited very little activity,
and no material variation can be reported in the
values of most of the principal staples. Tea con-
tinues steady, and at the public sales, which com-
mences to-day, full rates silo expected to be rea-
lised.
late
sed• Sugar has 1::cn inactive, but holders demand
fully.luotations, and the sales have only been
"ancient for immediate requirements. Coffee con-
tinues firm, and for rice there has been rather more
inquiry, particularly for the inferior descriptions,
Which have slightly improved in value. Saltpetre
is dull, and in fruit and spices the trans-
actions have been limited. Tallow continues quiet,
and prices show a slight decline. P.Y.C., on the
spot, is quoted 50s. 9d. ; all the year, 50s. 6d,. and
spring delivery, 50s. 6d. per cwt.
Letters from Liverpool state that the Cotton
Market yesterday closed steadily, and 8,000 bales
Were disposed of at full quotations. In the Rail-
way Share Market a good business was transacted,
and prices slightly improved.
With the exception of about £2,400, the whole
of the gold received by the Orwell from Australia,
316,880 has been purchased for the continent.
There is a further supply in hand of about £200,000,
Part of which will probably be sent into the Bank.
Fresh remittances arc likely to "arrive during the
next fortnight, including £390,744 by the Kent,
fm/n• Victoria. Silver continues in steady request,
but it is stated that the shipments by the steamer
on the 24th inst. will not exceed 1150,000.

New loans are spoken of for Russia, Austria,
Portugal, and Egypt. If encouragement is given
to these projects, an important efflux of specie
must be anticipated. Such operations would, of
course, exert an immediate influence upon the
money Market.
A meeting of the South Australian Banking
Company 4, took place to-day—Mr. Divett, M.P., in
the chair. A supplementary report was read,
which announced the unpleasant news that on an
examination of the accounts of the colony for 1857,
the directors found it impossible to realise the
keurities, the consequence of which was the ab-
straction of the colonial profits for the year 1857.
The chairman seemed to attribute these losses to a
Want of judgment on the part of the colonial mana-
Rer• He was happy to say that since June they
nad been progressing favourably, and he hoped to
lave a satisfactory report to lay before the share-
holders at the next annual meeting. It was stated
that the losses of 1857 were somewhere about
53,000. This subject led to discussion prior to
the adoption of the report.
Increased depression has been created in the
English Stock Market to-day by the prospect of
new loans and the exportation of specie to the
continent. Some large sales have been effected,
and the result has been a decline of 1 to 4 per cent.
Consols being 96a t. The Government broker
(31113, bought £lO,OOO. Reduced, and the operation
1
juld no eflect in checking the retrograde movement.
t is supposed that there are extensive engage-
thents for the rise still open, and the speculators
evidently less confident of a further improvement.
hank Stock is fiat at 2251 ; and the New 3 per
I,‘-'ents. and Reduced Annuities at 961 and 971.
ditto
March Exchequer Bills are 365. to 395. ; June
368, prem. ; and the Bonds are steady at
WI. India Loan Debentures are firm at 991 to
.00; and Long Annuities, 18 3-16 /.
In the market for Foreign Securities business has
been
„, quiet, and prices show a downward tendency.
Turkish 6 per Cents. are 921 93 ; ditto Scrip, Ist
,18811 e, dis.; ditto second issue, t to 1 dis. ; and
°. 5 per Cents. have declined to 1054; Chilian Loan
'8 I to d prem.; Venezuelan 5 per Cents. have re-
ceded to 44, and the Deferred to 161; Russian 41
Per Cents. to 103 ; Mexican has been dealt in at
201, Brazilian 5 per Cents. at 103/, and Chilian 3
Per Cents. at 76 ; Austrian 5 per Cents. are marked
83.

A very moderate amount of business has been
recorded in the Railway Share Market to-day,
itnd a further decline of about to 3 per cent. has
taken place in several of the principal lines. Great
Western, Lancashire and Yorkshire, Brighton,
alidland, and North Eastern (Berwick) have de-
clined 58. ; and North Western and South Eastern,
.1,1,8. Chester and Holyhead, Eastern Counties, and
'"°rth Eastern (York), improved 55., and North
-nritish 158. The Foreign lines were at quite
nominal rates, no business having been transacted.
to the Colonial Market prices had a downward
elidency. Gran Trunk of Canada receded .£l,
and East Indian dss
„ Joint-Stock Bank and Miscellaneous Shares
Zre very quiet, and prices remained unaltered,
:".th the exception of Royal Mail Steam, which
unproved to 601.
It-

auk
FUNDS THIS DAY AT ONE O'CLOCK.
13411 k Stock
a
New
Cent. Reduced Annuities 97 6
1"r 3 per Cent. Annuities
ullg Annuities, expire sth Jan., 1860 —
bdiaittoS 330
k Years, expire sth Apr., 1885 lBl 346
4b
Ditto Debentures
bih,tto Bonds, £l,OOO
r,..."itto under £l,OOO
-'lllOl5 for Account
P March June.
Ditto
Bills, £l,OOO, 2d. &lid... 36 9 I 36
titto Small, ltd.
lellequer Bonds, 1859, 3f per Cent .... 1001
DICES OF FOREIGN FUNDS AT ONE O'CLOCK.
i
i_...lllzilian 5 per Cent.
"11,ian, 6 per Cent....
1,4„.itt0 3 per Cent
s'Vean 3 per Cent.
-uitto Account
Russian, 1822, £ St., 5 per Cent —
1 Ditto 4 per Cent.
ujicig 6 er Cent
ittoh Account 921
Ditto Guaranteed, 4 per Cent.
Venezuela,
Account
v...lleZuela, 5 per Cent.
Mao Account
Ditto Deferred 2 per Cent
Dividends on the above payable in London.
Allstrian, 10 Gu. £, 5 per Cent.
TWO O'CLOCK.

... -
... 76

Consols, Money
Ditto Account

DEATH OF LORD POLTIMORE.—We regret to
:111l0unce the demise of the above nobleman, who expired
I_ll Saturday, at his seat, Poltimore-park, in his 73d year.
Poltimore was the son of the late Sir Charles W.
"Pfylde, Bart., whom he succeeded in 1823 ; and in
iR
he was created a peer. His lordship married, first, in
41'4, the only daughter of the Rev. Ralph Sneyd, who
A 1 in 1835, and secondly, in 1836, the eldest daughter of
leut.-Gen. Frederic Buller, by whom he leaves an only
7,1 who attained bjs majority about three months since.
Poltimore had been a Lord -in-Waiting to the Queen,
office which he resigned in 1841. His lordship was
-41,01 respected for his benevolent disposition, and his loss
Zo be severely felt where he was best known, inthe neigh-
hrhood of his own estates.
TUE LATE COL. PEncEvAL.—On Thursday was
rioe to his rest, in the cemetery of Norwood, one well
tlown to many of our readers, the late Sergeant of the
eelse of Lords, Colonel Perceval. He was the son of the
v. Philip Perceval, of Temple House, Sligo, and was
:located at the University of Dublin. He represented his
native county in Parliament for ten years, and served the
„, 1,w-a of Lord of the Treasury and Treasurer to the Ord-
Filch. He received the honorary degree of a doctor in
law from the University of Oxford. He for some time
ti unhanded the Sligo Militia. He was a stanch Conserva-
tive, and firm supporter of his party in the House of Com-
. ,)118, but his courteous manner, Ins humour, his cordiality
;741 frankness procured him friendships amongst political
Portents ; virtues of high quality endeared him, in that
hue
test of a man's real character, to his home and more
,mediate associates, and lea him without an enemroad.
WRECK ON BIDEFORD BAR.--BIDEFORD,D
Dec. 18.
"--At daybreak this morning a large brig was discovered
tauded on the back of Northam Burrows, about a mile
o'n• the shore off the port of Bideford, in heavy breakers
bonded
thick fog. The call of " Man the lifeboat I" was readily
to by a crew of seven men of the establishment
_ging to the Royal National Lifeboat Institution, which
' here three first-class lifeboats, with carriages, and two
h'iltles, one on either side of the estuary of this dangerous
• arethi:Var. The boats are kept ready on new carriages, which
has in every respect efficient. Within an hour one of these
hail boats had buffeted the broken waters, and was within
1,9. of the vessel which proved to be the brig Felicity, of
°Au, with a crew of seven men, all of whom were
s/cued and safely landed at Appledore, the vessel shortly
going to pieces. The frequent recital of the valuable
ices rendered by the lifeboats of the society cannot fail
stimulate and encourage public benevolence in the
maintenance and support of this philanthropic insti-
-4ion.
a,„9OVEENMENT EMIGRATION.—The Government
b'ulaTant ship David Myer, 862 tons, Captain Robert
etllllh, which Superintendent Isaiah Burrows, with 38
beta couples, 123 tangle women, 101 single men, 36 girls
4, Wee)]. the ages of 1 and 12, 27 boys between the same
os, five female infants, and six male, making a total of
Isf: souls, equal to 334 statute adults, arrived at Sydney,
on South Wales, on the 24th of September. Five deaths
g ? adults and three children) and two births occurred
''lng the voyage.
Kgrey heron was shot a few days ago in the
'Pra, a subdivision of Oran, in Algeria. Attached to one
0s legs was a ring in copper, bearing the royal crown of
jawl;:hrd, and (in English) the inscription " Royal Hawk-
Qub, 1850; L9Ol lietherlAßd6."