The Sun.
London, England, 1858-11-19 00:00:00

AWNEI MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

The markets for foreign and colonial produce
during the last few days have exhibitedrather more
Activity, and prices, in some instances, have
slightly improved. A fair amount of business
has been done in tea, and prices have shown an
upward tendency. Sugar has been in more request,
and the better descriptions of British West India
have advanced 6d. to ls. per cwt. In coffee the
transactions have been of a very limited character,
but prices have been steady. Rice has been in more
demand, and ;ome large sales of the lower descrip-
tions have been effected for exportation, at slightly
.advanced rates. Fruit continues in fair request,
and the better qualities of currants realise full
values. Valentia raisins have been dealt in to
a moderate extent, and at fully late quota-
tions. Saltpetre continues in moderate demand,
and prices show a further upward ten-
dency. In tallow a large speculative business
has been transacted for spring delivery, and prices
have improved is. per cwt. At the public sales of
foreign and colonial wool the rates current at the
commencement of the series have been maintained.

The Liverpool Cotton Market yesterdaypresented
a very firm appearance, and 10,000 bales were dis-
posed of at very full rates. The, Railway Share
Market closed with animation, and prices slightly
advanced.

It appears that the statement recently circulated
to the effect that the steamer Pera, appointed to
leave Southampton to-morrow for India and China,
would convey £400,000 or more was incorrect, the
amount to be remitted being less than half that
estimate, as will be seen by the subjoined parti-
eulars

Alexandria, silver £Boo
Ditto, gold
Madras, ditto 630
Calcutta, Ailver 104,285
Hong Kong, ditto 29,600
Shaughae, ditto 11,041
Manilla, gold lO,OOO

Total..

£171,756

The following arrivals of specie have been an-
nounced this morning, viz.:—L 182,261 by the
Magdalene, from the West Indies, and a small
amount from Antwerp by the Baron Osy, valued
at about £14,000.

Continued easiness and abundance are reported
in the New York Money Market. According to
the latest advices discount accommodation was still
obtainable at 31 to 4 per cent., although the im-
provement in trade was necessarily giving employ-
ment to a larger amount of capital. It appears
that the exchange was heavy, and the ex-
portation of specie to Europe would, in
all probability, diminish. The New York, Herald
observes that the " Exchange on England is dull
at the last reported rates. It is not likely that we
shall now ship any specie of consequence to Europe
for some months to come, and as, by the time the
cotton bills• are coming forward freely, the specie
will be returning to us from the South, the prospect
is that in December or January the banks here may
again acoumulate over thirty millions of dollars."
The operations in the Discount Market continue
very moderate, and at the Bank of England the
aPpliCations are still on an extremely limited scale,
the difference between the minimum and the terms
current in Lombard-street being about -I per cent.,
-which enables the bankers and brokers to secure,
with few exceptions, the current supply of com-
mercial bills.