The Sun.
London, England, 1858-02-05 00:00:00

MONEY M.ARK ET

A i:TD

COMMERCJAL INTELLIGENCE.

CITY, Two o'CLocK.

Daring the past few days the markets for foreign
and colonial produce have not been quite so active.
For the superior descriptions of sugar suitable for
home consumption full rates are current, but in-
ferior kinds are at a slight recluctiDn in value. Tea
has been steady, but coffee, rum, and rice have each
exhibited a downward tendency. Cocoa has
met with a rather better demand, and prices
have slightly improved. For Fruit there is a
moderate inquiry, and old currants, for home con-
sumption, have been in demand at full values.
Saltpetre has been inactive, and a decline of about
ls• per cwt. was at one time acceded to by holders.
Tallow has been very quiet, and lower rates are
now current. At public sale, out of 511 casks
offered, only 65 were sold. P.Y.C., on the spot,
i 8 now quoted 525. 3d. spot, and 52i. for March
delivery.
The Bank of Prussia have reduced their rate of
interest to 4 per Cent. for Bills, and to 5 per
cent. for advances. Money throughout the Con-
tinent is becoming very easy, owing to the inac-

tivity of trade.
Nearly 100,0001. was sent into the Bank of el
England yesterday.
11
With the exception of the Commercial, which has ei
flied its rate for new deposits at 2 per Cent., the Z.
Joint Stock Bauks have made no alteration, con- st
Sequent upon the reduction in the Bank minimum. St
Notice has been given to the holders of Buenos
12
Ayres Bonds, that Messrs. Baring Brothers will 5C
be prepared on and after the 16th inst. to receive ?.f
the arrear coupons, in exchange for provisional
receipts, to be retained until the New Bonds have
I,rrived from the Republic. The amount to be
funded is 1,641,0001.
A. further issue of 6 per Cent. Debentures for
1,164,2001. is proposed by the Grand Trunk Rail-
way of Canada.
In the Liverpool Cotton Market yesterday there
was less animation, and values of all descriptions
were without any material alteration. The sales
were estimated at 8,000 bales, 2,300 of which were
taken by the exporters. The Railway Share Market
closed steadily, and a fair amount of business was
transacted, at fully previous rates.
The demand for money in Lembard-street and
at the Bank of England is still very limited, and
as the payments of the 4th of the month are con-
cluded, and the Consol account is arranged, it is
thought that the market will become even easier
than at present. Bills are negotiated at 24 to 2i
per cent., so that a further reduction in the mini-
mum may soon take place.
The market for English Securities has been
rather buoyant, and business is recorded at
an advance of 4 per cent. Purchases to a
moderate extent have been mr.dee A very
favourable Bank return is expected this evening,
and as it is now supposed that the amount of the
Indian loan will bo small, a much better feeling
prevails. Consols for money have been 93 and
for account, 96 to 964. They are now 95/ and
96 respectively, being a trifle flatter. The New
3 per Cents. are marked 951 to 964 ; the Reduced,
958 96. Bank Stock is 226 to 227, and India
Stock, 2215. Exchequer Bills are 295. to 325.
Prem. ; and India Bond, 21s. to 245. prem.
Foreign Stocks aro rather active, and a good
business has been done at about; previous quota-
tions. Turkish 6 per Cents. are
,99 to 991, and
the 4- per Cents. 103. Spanish 3 per Cents. are
424 ; Russian 5 per Cents., 1111 ; Mexican 3 per
Cents., 201 215; Peruvian 45 per Cents., 80 ; Portu-
guese 3 per Cents., 441 ; Brazilian 5 per Cents.
nate, advanced to 103 104 ; Buenos Ayres 6 per
Cents. to 99 ; Chilian 5 per Cents. to 104 ; and
Sardinian 5 per Cents. to 90k.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bond; 51 6; Mexican,
201 21i ; Peruvian 41; per Cents., 79 81. ; ditto 3
Per cents., ; Portuguese 3 per Cents., 445
451 ; Russian 5 per Cents., 111. 113 ; ditto 45 per
Cents., 99 101; Spanish 3 per Cents., 42k 43 ;
ditto Deferred, 26 26k.
Messes. D. Bell, Son, and Co., give the follow-
kg as the prices of American Securities :
GOVERNMENT BECURITTECS.
Redeemable. Per Cent.

United States 6 per Cents. 1867-1868...101 103
United States 6 per Cent. Bonds 1868...101 103
STATE SECURITIES.
Alabama 5 per Cent
Maryland 5 per Cent. (Sterling Bonds)...
Massachusetts 5 per Cent. (Sterl. Bonds).
Mississippi 6 per Cent. Fl. Bk.
Bonds lB4l-1871... 40 42
Mississippi 5 per Cent. Union Bk Bonds 21) 21
Pennsylvania 5 per Cent. Stock
Pennsylvania 5 per Cent. Bonds 1877... 82 81
Tennessee 6 per Cent. Bonds
Virginia 6 per Cent. Bonds 1886... 82 84
Virginia 5 per Cent. (Sterling Bonds) 1888... 81 83
LOANS OF CITIES.
Boston 43 per Cent. Bonds 1883... 83 90
Montrear6 per Cent. Bonds 1856-1865...
New Orleans 6 per Cent. Stock 1883... -
RAILROAD BONDS.
Illinois Central 7 per Cent. Ist Mortgage,
not Convertible 1875... 83A 84A
Illinois Central 6 per Cent 1875... 82 84
Illinois Central 7 per Cent. Freeland
Bonds 1860... 85 87
Illinois Central (Shares), $3O paid ... 5 d 4 d
Michigan Central Bp. Cent., Convert 1860... 45 55
Do., do. do. 1869... 87 89
New York Central 7p. Cent., Convert 1564... 91 93
New York Central 6 per Cent., not
Convertible 1883... 81 86
i'rew York and Erie 7 per Cent. 3d Mort-
gage 1883... 75 77
N. York and Erie 7p. Cent. Convertible 1862... 40 42
N. York and Erie 7 per Cent. Sinking
Fund 1875... 45 48
Panama 7 per Cent., Ist Mortgage 1865... -
Pennsylvania Central 6 p.Cent..lst Mort 1880... 86 83
In the Railway Share Market this morning bus
mess has been rather active, and 801113 of the grin
eipal lines show an improvement of about kto per
sent. on yesterday's current quotations. East Lanca-
shire, Lancashire and Yorkshire, North-Western,
North British, North-Eastern (York), and South
Wales, improved 10s. ; and Caledonians and Mid-
lands, 15s. to 1/. ; Groat Westerns have declined
sa. The Foreign and Colonial undertakings have
also been rather firmer. Paris and Lyons have im-
proved 55., Great Luxembourg 10s., and Dutch
Rhenish 10s. ; East Indian have risen 10s., Grand
Trunk of Canada 108., and Great Western of
Canada ss.
Mining Shares are quiet. Devon Great Consols
are 462 i.
Joint-Stock Bank and Miscellaneous Shares are
at rather lower quotations.

. 78

... 88 90
_lO2 102

BRITISH FUNDS.—CLOSING PRICES—THIS DAY,
Prom the Officuil List:)
Business done.
Bank Stock 227 26
3 per Cont. Reduced Annuities 951 6 i
3 per Gent. Consols Annuities 9si t i i 6i
Newt per Cent. Annuities 96 t 51 6A 54 6,
India Stock
tad a. Bonds, £IOOO
U ' litto, under £lOOO 22 pl
0 4.501 s far Account
EZ!hzquer Bills, 2'd.
• £lOOO ... 29 32 p
0500 29 30 28 p
S .a.all
1 Erebequor Bonds, 'lB5B, 3A per Cent —
Ditto, 1859
PRICES OF FOREIGN FUNDS—THIS DAY
Brannan 5 per Cent.
Buenos Ayres Bonds, 6 per Cent. 99 8
0 Lilian Bonds, 6 per Cent lO4
Danish Bonds, 3 pei Cent., 1825 B4
E ivadorNew Consolidated l4l
Mexican 3 per Cent 2Ol
Ditto Account
Peruvian Bonds, 4A per Cent
Ditto Account
Portuguese Bonds, 5 per Cent., Con. 1841
Ditto 18b3, 3 per Cent 44i
Ditto Account
Rus,lian Bonds, 1622. E St., 5 per Cent._ ILI i
Ditto, 4A per Cent.

Eltnlinl;n liOnts, 5 per Cant. . -
4
Ditto Account
Sw.i.ith !,.o.tlB, 3 per Cent.
i Ditto Account 42
Dia,. Passive Gi
Turklen 'soma, t; p.r cent
Ditto Account
14 Dino Guaranteed,
103 4 i-i per Cent.
1
Ditto, Account

Invidends on the above pa) able in London.
:ttlItER O'CLOCK,
Cons9l., money (26
Consols account (March 4)

GREAT WESTERN RAIjAVAY —The directors of thil
"°3l'anYY have determined to recommend to the pro-
prietors the declaration of a dividend, for the half-
teeanr.' ending Dec. 31, 1857, at the rata of 2 per
~urre nt
per annum, carrying forward a balance to the
ball-year, of abouh 20,000/,