The Sun.
London, England, 1858-09-03 00:00:00

~ ,

MONEY MARKET AND CITY NEW&

CITY, Two O'CLOCK.
There has been less activity exhibited in the
Foreign and Colonial Produce Markets during the
last few days. Prices, however, have in most in-
stances been well supported. The public sales of
tea went off very heavily, and the inferior descrip-
tions sold for rather ltawer rates. Sugar has been
at preVious values, and the fine grocery qualities
have been in fair demand. Coffee has been in steady
r -quest, and rice, spices, and fruit have been dealt
in to a limited exteut at about former values. For
saltpetre there was only a limited inquiry, and
tallow
has shown a decidedly upward tendency ;
at public sale a rise of about 2s. per cent. was realised
on some descriptions.
The arrival of about £llO,OOO in gold was
announced from Russia yesterday, £lOO,OOO of
Which was taken into the Bank, besides £60,000
in Australian. The amount of specie to be taken
°llt by the Peninsular and Oriental Co.'s steamer,
the
Salsette, on the 4th, is £90,356, viz., as followS :
--X1,370 in silver for Alexandria, £lOO in gold for
Madras, £38,886 in dollars for China, and £50,000
in sovereigns for Mauritius.
In consequence o f this influx, and the extensive
supplies now coming forward from Australia,
a favourable movement in • the bullion department
of the Bank is expected for some time to- come. The
balance-sheet to be published this evening will,
it is imagined, exhibit some satisfactory changes,
arid this has tended to promote a more confident
feeling in the English Stock Market.
In Lombard-street there is rather less inquiry for
money, provision having now been made for the
commercial bills .due on Saturday. The effect of
the subscription to the Turkish loan has also dimi-
nished, and renewed easiness is now expected to
prevail.

The Market for American Securities during the
Past Week has been very quiet. Messrs. D. Bell,
S°n► and Company, report that the only change of
nnportance has been a slight improvement in Illi-
nois Central shares.

No particular alteration took place in the Cotton
Market at Liverpool yesterday, and about 7,000
bales were disposed of at former values. In the
Railway Share Market there was rather more firm-
ness, but prices of most of the leading lines declined.
The letters by the Australian Mail are expected
111 town to-morrow.

Among the arrivals announced this morning is
the Koh-i-noor from China, with 320,5001b5. of tea.
The Tyne, from Brazil, • with the £101,739
already advised, has arrived.
A firmer tone is perceptible in the English Stock
14arket, but it is still exceedingly, quiet, the real and
BPeeulative transactions daily recorded being very
1
inilted• The Turkish Loan seems to absorb the
attention of most parties, but the prospect of a
further large accumulation of gold strengthens the
quotations, which now rather tend upwards. The
settlement is likely to influence the market during
the
„ next few days, for it is generally believed that
the outstanding engagements are extensive in their
21aracter. Consols are 96a for money and the
4th inst., and 961 97 for the October account.
The New Threes, and also the Reduced Annuities
are marked 971 K ; Exchequer Bills, March, 31s.
Preen ; and ditto June, 225. to 255. ; India Loan
Debentures, Ist issue, have been dealt in at 981 ;
ditto 2d issue, 981; ditto Scrip, 2d issue, 971, and
4140 Bonds (under £1,000), 1 ls. to 16s. prem.
Very few transactions are recorded in the
Foreign Stock Market, but prices are firmer, with
the exception of Turkish Bonds, which are steady,
the 6 per Cents. being 95 27 and the 4 per Cents.
224- Spanish 3 per Cents., 45 ; ditto Deferred,
i; Peruvian 41 per Cents., 901; and Dutch 21
Per Cents. 651.
Tbeen fluctuation in the New Turkish Scrip has
„, 11 very extraordinary. Soon after the cora-
''°ll.tement of business the price fell to t 9 1 dis-
"ant, but there has since been a rally to I dis-
"llot• The speculation • has been of the most
liolent character, the sales having been excessive.
t appears that the applications for allotments have
„
;°lomited to £4,200,000, and the loan may, there-
Ore, be considered a success, notwithstanding its
depreciation in the market. If the subscribers
s.l Pply the dealers there may be continued depres-
-41011, but should they retain their interest in the
°Peration the Bears will be greatly perplexed, and
reaction must ensue.
b In the Railway Share Market the dealings have
een en a rather limited scale, but in several in-
st
;laces a slight improvement has taken place in
Yorkshire,
Chester and Holyhead, Lancashire and
North-Western, and South-Western
improved ss. ; and Bristol and Exeter and South-
Eastern, 10s. ; Great Western have declined ss. ;
nEastern Counties and Midland, 10s. ; and North-
-B"stern (Berwick), £l. The Foreign and Colo-
at lines have exhibited no change of importance.
°llllern of France and Southern of France are a
shade firmer ; and Eastern of France have improved
about
ss. ; Grand Trunk of Canada advanced 10s. ;
'" bast Indian are at previous rates.
Joint Stock Bank and Miscellaneous Shares are
1;14 in to a very limited extent. London and
eSbninster have declined ss. ; and Union of
n °don, los. Canada Land have increased £1 ;
-114 Eastern Steam realised about former rates.
114

4ITIsH FUNDS THIS DAY AT ONE O'CLOCK.
i,
3,' Cent. Reduced Annuities 971 i
N.,ri- Cent. Consols Annuities -
/11,;4: 3 per Cent. Annuities
IN.',la Stock
vtto bebentures, 2d issue 9B/
Vtto ditto 2d Issue
,!tto 7
,Jitt. , Ist issue
11iti.,,-° ditto,, 2d issue 97/
biC, -bonds, Ll,OOO
eohn' under 1.,(100
--m3ls for Account 961 i
.kell ' . March. June.
bith,cluer DiUs, £l,OOO, 91d — 22 5
D £5OO 2141 3l
, '
PRl'pttPeSmt all, -21 d 3l
ICE -,---
' '

Pa OF POREIGN FUNDS AT ONE
,rirc4
pa„. Iln, 41 per, Cent.
___
.4181. 3
1)4,0, . per Cent.
/1:1,10 Account
iT) New Deferred, 3 per Cent. —
T rirl,ctio Account
1.1r''47 6 per Cent.
,itto Guaranteed, 4 per Cent.
Dutch
Dividends on the above payable in London.
Iltell Exchange, 12 Guil. 2f per Cent 651
TWO O'CLOCK.
Consols (Money and Account).... 96a 1
Ditto Account, (October) 96A 7

CLOCK.