The Sun.
London, England, 1858-11-26 00:00:00

MONET MA

cITY NEWS.

CITA', Two o'cLocx

During the last few days the Markets for Foreign
and Colonial Produce have exhibited increased
firmness, although the transactions reported have
not not been quite so numerous. Tea has been
exceedingly firm, and at publitl sale an advance of
id. per lb. has been realised upon the medium
descriptions. • Sugar continues •in steady request,
chiefly for home consumption, the trade having
bought rather freely at barely late quotations. For
rice there has been an inerea&ed demand, and pre-
vious rates are current for the: finer descriptions.
Fruit and spices have been in moderate request,
and the better qualities of currants and Valentia
raisins have slightly improved i•n value. Saltpetre
continues steady, hut tallow has slightly receded
speculative business being du.ll.
The amount -which it is proposed to raise for
Egypt is stated to be £2,000,000, but grave doubts
are entertained whether the attempt, if persevered
in, will prove s uccessful. When the stock of bullion
at the Bank of ' England attains a high point, like
the present, o.nd the terms of discount on the
other hand tic scend below the average, the market
is flooded with foreign loans and other pi-ojects,
but the public have lately exhibited much caution,
and know ho tv to discriminate between sound and
hazardous midertakings. It is to be hoped that
the prudence thus exhibited will be continued on
this occasion , for there are several schemes on the
tap's, the int roduction of which, it is to be hoped,
will be firmly resisted.
The steam er Malta, which will leave to-morrow
for Bombay, has 1:227,145 in silver, and 650 sove-
reigns on bot trd. This is an increased exportation,
and if continued, it must lead to remittances of
gold to the Continent to purchase the necessary
supplies of silver.

Accounts :from Liverpc of state that the Cotton
Market yesti)rday presented a very dull appear-
ance, and price& of all exscriptions tended down
wards., Thfi sales amnu nted to 6,000 bales. The
Railway Share Market closed with a rather firmer
aspect.

Diminished firmnee .s has been apparent in the
market for Public. `securities to-day, a few sales
having been made 'probably in conEequence of the
Chilian Loan, alth,ough on the other hand the
declining tendency/ of the rates of discount in Nor-
thern Germany might have been expected to create
a favourable feeling. The depression of the Paris
Bourse, and the anxiety felt with regard to
the Montaleni bat trial, may, however, have
assisted in crea ting the heavy tone of the market,
by inducing a few of the Bulls to close their
accounts. Con sols have been 98 to 981 for money
and account. l Sank Stock is 224 to 2251 ; the New
Threes and th e Reduced are marked 961 1 ; the
New 21 per Cen its., 821 ; Long Annuities have been
dealt in (1885) at 181 ; ditto (1860), 1 3-16ths ;
the March Ex :chequer Bills, 375. to 40s. prem. ;
June ditto, 345.. to 375. prem. ; and the Bonds are
firm at 1001; 1 ndia Loan Debentures are 991 .
Business in the Foreign Stock Market is ex-
tremely quiet, a. nd prices are rather lower. Turkish
6 per Cents. a tre 92 1 ; ditto Scrip, Ist issue, fi
to hdis.; ditto, 2d issue, to 1 prem., which is a
further decline. Peruvian 41 per Cents are 94 ;
and Equador Nc lv Consolidated, 17.
Business has been reported in the New Chilian
41 per Cents. scrip at 1 to 4 prem.
The shares ca the Great Ship Company are to
prem.

Messrs. D. Bell, Son, and Co., give the following
as the prices of the American Securities :

eble. Prices.
United States 5 per Cents-- K 1867--1868 103 10,5
Do. 6 per Cent Bonds
Alabama 5 per Cent. Bonds - 78
Kentucky 6 per Cent. Bonds lB6B-72 91
Maryland 5 per Ct. Str. Bonds - 96
Massachusetts 5 per Cent. Str.
Bonds ...
Ohio 6 per Cent. Stock
Pennsylvania 5 per Ct. Stock
Pennsylvania 5 per Ct. Bonds
Tennessee 6 per Cent. Bonds.
Virginia 6 per Cent. Bonds
Virginia 5 per Cent. St. Bonds
lloston 5 per Cent. St. Bonds
Illinois Central 7 per Cent.
Lllinois Central 7 per Cent.
Illinois Central 6 per Cent
(Vreeland s)
~k4'o. shares 60 dols. paid
riehigan Central 8 per Cent
✓o. do. shares
41Olv York Central 6 per Ct.,
New
convertible ..
'IOW York Central 7 per Ct ,
convertible, from June 15,
1857.59
▪O. do. shares
Vo• do. shares
Do. do. Ist. do.
eW York and Erie, 7 per Ct ,
3cl mortgage
New Yo rk and Erie 7 per Ct.,
on
New York and Erie, 7 per Ct.,
sinking fund
Panama 7 per Ct., Ist mort-
'age Str. Bonds, not cony..
rennsylvania Cen. 6 per Ct.,
Ist mortgage, convertible
till 1860 .

1886

101 103
961 971
82 84
86 87
84 86
86 88
86 88
90 92
80 82
80 82

1877.
Divers
1886
1888

1875

1875

1860 80 82
24 22 die S
1869 85 87
55 60

1883

1864

94
76
14
93

96
78
16
95

18G5

1833

68 70

1862

30 35

1875

35 40

1859

99 100

1880

90 92

The transactions in the Railway Share Market
have been on a very moderate scale, and, in most
instances, a slight decline was reported in prices.
Lancashire and Yorkshire, North Western and
North British, have receded ss. ; and Bristol and
Exeter, Great Western, North Eastern (York),
South Eastern, and South Wales, 10s. ; Eastern
Counties, Brighton, South Western, and North
Eastern (Berwick), improved about ss. The Foreign
and Colonial undertakings have shown little varia-
tion. Eastern of France and Great Luxembourg
brought former values. East Indian have declined
about ss. to 10s., and Grand Trunk and Great
-Western of Canada were both at nominal quota-
tions.

Joint Stock Bank Shares have been neglected.
Imidon Chartered of Australia, and Union of Aus-
tralia improved about ss.
111 the Miscellaneous Share Market Atlantic
Telegraph were dealt in at 300. Crystal Palace
National Discount Company 41, and
aw4Yniney Iron 241.

BRITISHas toel,
FUNDS 'THIS DAY AT ONE O'CLOCK.
224 5f
3., Per Cents Reduced Annuities 96; 1
ikit:er Cent. Consols Annuities
New w 3 Per Cent. Annuities
Long Annuities, expire sth Jan., 1860
Ditto 30 Years, expire 10th Oct., 1859 l5-16
Ditto 30 Years, expire sth April, 1885 lBl
India' Stock
Ditto Debentures 993 1..
Ditto Bonds, £l,coo . ; ll
Ditto under £l,000
Consols for Account 9Bk 8
March June.
Exchequer Bills, £l,OOO, 2d. &lid... j 34 7 •
Ditto Small, 11d.
Exchequer Bonds, 18.59, 3} per Cent ...-. 1001
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
t quador New Consolidated ' 17
Peruvian 41 per Cent —
Ditto Account
Turkish 6 per Cent. 92k
Ditto Account
Ditto New Loan Scrip
Ditto Account
Ditto 2d Issue
Ditto Account
Dividends on the above payable in London.
TWO O'CLOCK.
Consols, Money
Ditto Account 98 1

GOVERNMENT EMIGRATION. Her Majesty's
Emigration Commissioners chartered yesterday afternoon,
the 25th inst.,- the Herald, 1,195 tons, to sail from Ply-
nlouth for Melbourne, Victoria, at £l4 17s. 2d. per statute
,Vnit, to be reacly for the reception of passengers on such
737 as the commissioners may appoint between the 3d and
l?th of January. They have also given notice of their in-
-I,tinn to receive tenders next Thursday, the 2d proximo,
r~ship to proceed to Sydney, New South Wales, to be
Y to sail any day the commissioners may fix upon be-
t%.enn the 7th and 14th January.
A report just issued of the Danube and Black
h
Railway Company describes the progress thus far to
been satisfactory. Sufficient labour is obtainable,
TilAthe necessary lands have been secured at small cost.
toe expense of the line is to be £230,000, and it is hoped
18.3 eollatpleted so as to commence traffic in the spring of
With that view six calls of 10 per cent, are to be
1z7..0
e during 1859, payable every two months, and corn-
,.ning the Ist of ebruary.
a'eco
'lr. George Earle Gray has bees appointed chief
la, juitaut of the Bank of England, in place of Mr. Smee,
Reiait? deceased. With regard to the services of the latter
of ii,nrtn, the following resolution was passed at the Court
Court'rectors, held yesterday: " Resolved, That this
lea Land
desires to record the high sense it entertains of the
yeatnod faithful services of Mr. Smee for a period of 58
fitti", of the high integrity of his character, and his inde-
4,,_table exertions in the discharge of his duty as chief
`4'caliatant for 28 years,"