The Sun.
London, England, 1858-12-01 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

Active
.preparations }king in progress for the
Commercial bills of the 4th inst. and other monthly
engagements, the demand for money, -which a few
days since had abated, has again increased, and the
brokers are disposed to ask a slight advance on
previous rates for discount accommodation. The
movement, however, is unimportant. First-class
Paper is still negotiated at 21 per cent., and
although 21 per cent. may be nearer the average
quotation, the market has not varied to any ma-
terial extent, and at tho Bank of England the
applications are still very limited. On the
Stock Exchange also the inquiry has subsided,
after the liquidation of the account in foreign
stocks and railway shares. On the 7th the Consol
settlement may create a temporary influence, but
the supply of capital is largely in excess of the
current requirements, owing to the limited specu-
lation now in progress.
The continental exchanges continue steady, but
gold is still rather dearer in Paris than in London,
and further remittances anticipated.
The Government broker has -effected another
purchase of £lO,OOO Reduced Annuities to-day
en behalf of the Savings' Banks Commissioners.
'Subjoined are the days appointed for the closing,
and re-opening. the Transfer Books at the Bank :

Shut. Open.
3 per Cent. Consols Bth Dec. 18th Jan ,1859.
3.1 per Cents. ' 10th „ 14th 71
24 per Cents.
New 5 per Cents.
Annuities, Jan., 1860 loth „ 14th „
Do. . Jan., 1880-- 10th ~ 18th ~India
India Stock

The Glasgow Herald states that up to the closing
of the Western Bank of Scotland on Saturday, the
sum of £885,000 had been paid in liquidation of
the £lOO call.

The public sales of colonial wools, which com-
menced on the 4th ult., will terminate to-day.
Throughout the sale there has been a good attend-
ance of buyers. At the commencement prices ruled
lid. to 2d. per lb. higher than those realised at the
previous sales in August. These rates have been
Well maintained for all descriptions. Cape wools,
of which there has been a large proportion, sold
steadily, the condition being generally good.
.In the Liverpool Cotton Market yesterday a
fair amount of business was transacted, and 4,000
bales were disposed of, at former quotations. The
Railway Share Market closed steadily, and prices
tended upwards.
The number and tonnage of vessels now on the
berth in the port of London for the Australian
colonies is shown in the following table prepared
by Mr. Miller, of the Jerusalem Coffee House :
For vessels. Tonnage.
Launceston 3 1,024
Hobart Town
Sydney
Melbourne, Geelong, and Portland
Bay
Adelaide
Swan River 3 1,703
New Zealand

Total

49

32,501

At the half-yearly meeting of the African
Steam Packet Company to-day a report was read,
• showing an available balance of £7,201, from
Which the directors recommended a dividend of
lOs. per share, equal to 5 per cent. per annum.
The report was adopted.
The Agincourt having arrived in the Downs,
her specie, viz., £283,100 is expected in town
to-morrow.

There has been a very depressed market for
Public Securities, a fall of nearly 1 per cent. having
Occurred in spite of the operations of the Bank
broker. It appears that some of the speculators for
a rise have closed their account in anticipation of
settling day. These transactions seem to have
created a very heavy tone, and the market at pre-
sent exhibits a downward tendency. Consols are
now about 97/. to 98 for money and the 7th instant,
and 981 a for the January account. The New 3 per
Cents, are 96/ I, and the Reduced 96,1 I. India
stock is flat at 2261, and ditto Debentures at,991
for, the 2d issue. The June Exchequer Bills are
marked .345. prem., and ditto Bouds 1001.
In the Foreign Stock Market business is not
very active, and prices are steady. Turkish 6 per
Cents. are 921- ; ditto Scrip, Ist issue, 4 e dis. ; ditto
2d issue, par to 1 prem., being unaltered. Brazilian
5 per Cents. are 1021 ; ditto 41- per Cents. (1858),
958 s ex div. ; Buenos Ayres New Deferred, 181 ;
quador Bonds, 17 ; Portuguese 3 per Cents., 48 ;
Spanish New Deferred, 31; Venezuela 5 per
Cents., 41/ 42 ; and Dutch 2,1- per Cents., 66/.
Chilian Loan is par to prem., which is a
further decline.

In the Railway Share Market this morning
business has been rather active, and prices in
host instances have shown an upward tendency,
-the advance being about to -.1- per cent. on some
of the principal lines. Bristol and Exeter, Caledo-
nian, Great Western, and Manchester, Sheffield,
and Lincoln advanced 55., and South Western,
10s.; Lancashire and Yorkshire and Brighton
declined 55., and Midland and North-Eastern
(York), 10s. ; Great Northern, North Western,
and South Easterns brought former rates.
In the Foreign Market scarcely any business
was done, and prices were almost nominal. Great
Luxembourg, Pernambuco, and Bahia and San
Francisco were at former quotations.
The Colonial lines were inactive. Grand Trunk
of Canada improved ss. ; Great Western of Canada
and East Indian brought previous rates.
Joint Stock Bank and Miscellaneous Shares are
dull, but firm. London Joint Stock improved 55.;
`Oriental Bank, ss. ; and Ottoman Bank, ss.

il BRITISH FUNDS—CLOSING PRICES.
i'ablc Stock —.. .. 2251
Per Cent. Reduced Annuities 961 I
3 ' •
Per Cent. Consols Annuities 9B 71 811 71
'"Qw 3 per Cent. Annuities ...... .. 964_ a I
Ong Annuities, expire sth Jan., 1860 21261 3-16
clio Stock
Jiitto Debentures —
Ditto 2d Issue
Ditto
Bonds, £l,OOO
"Consols for Account 9B i 7i
March June.
lE xt.,,hequer, Bills, £l,OOO, 2d. &lid—. 37 I 34
xchequer Bonds, 1859, 31 per Cent
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent.
Ditto 1858, 41 per Cent 95 i 1x d
33uenos Ayres, 6 per Cent
Ditto Deferred * — 18/
-qua.dor New Consolidated
i'eruvian 41 per Cent —
Ditto Account
Portuguese, 1853, 3 per Cent.
Ditto Account
SPanish 3 per Cent
Ditto New Deferred, 3 per Cent. 3l
Turkish 6 per Cent 921
Ditto Account
Ditto New Loan Scrip —
Ditto Account
Ditto 2d Issue
.Ditto Account
Venezuela, 5 per Cent.
Ditto Account
Ditto Deferred 2 per Cent
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent.— 661
THREE O'CLOCK.

Consols, Money
Ditto Account, December....

THIS DAY'S MARKETS.

CORN EXCHANGE.

The show of English wheat in to-day's market was
almost wholly composed of Monday's unsold samples. For
all kinds we experienced a slow inquiry, at previous cur-

rancies. •
There was a large supply of Foreign wheat on offer.
:Even the finest qualities were very dull, and the quotations
were nominally unaltered.
Fine barley was scarce, and in fair request, at full
Prices ; but other kinds wore a dull inquiry.
Malt changed hands to a fair extent on former terms.
Oats were held with more firmness, but the business
de ins in them was only moderate. The supply on offer
WI Is less extensive.

:i3eans and peas were dull, but not cheaper.
The flour trade was very quiet.

ARRIVALS THIS WEEK.

Wheat. Barley Malt.
ZARlish 1,460 (
1,520 ; 1,200
Iri„hPAreign 5,310 I 9,580

Oats. Flour
4,50 i 670
1,190 ,
1,710 ; 00 skti
1 4 880 bls

WHITECHAPEL.

The trade generally is in a depressed state, as follows .
,:teef, from 2s 4d to 4s 44.; mutton, 2s 8d to 4s 4d; lamb,
(Ids OpdertoBlobs. Od ; veal, 3s 4d to 4s 2d; and pork, 2s 4d to 4s