The Sun.
London, England, 1858-05-07 00:00:00

MONEY MARKET

AND
+.;OIYINIERCJAL INTELLIGENCI.';

CITY, Two o'CLocx.

. In the Foreign and Colonial produce markets
during the last few days there has been less activity
although most of the leading staples have reali,ed
about previous vslues. Tea has been steady and
in sugar less disposition has been shown by the
trade to make purchases in the expectation that
prices will recede. In the refined market a fair
amount of business has been done at fully late
quotations. Coffee continues in fair demand and
gcod qualities of Plantation Ceylon have slightly
i-uproved. Rice, rum, and spices have been dealt
in to a limited extent, and for fruit prices have ex-
perienced a decided decline. Very little business
has been done in saltpetre and prices have under-
gone no material change. The tallow market has
been flat. P.Y.O on the spot is now quoteds4s. 3d.,
January to September, delivery, 535. Gd., and last
three months, 51s. per cwt.

Accounts from Liverpool report that the Cotton
Market yesterday closed firmly, although with less
animation, and most descriptions advanced in value.
The sales were estimated at 10,000 bales, 1,000 of
which were taken by the speculators, and 1,000 by
exporters. The Railway Share Market presented
a quiet appearance, and prices slightly receded.
The American ad vices received to-day, by the
City of Washington, report a f'irther improvement
in trade, and more activity prevailed both among
merchants and manufacturers. Confidence is ex-
pressed in a gradual recovery, and bef ,re the
autumn it is expected that much of the damage
inflicted by the late crisis will be repaired. Money
continued extremely abundant, and the demand
Was limited. Bills had been negotiated as low as
3 per cent.

A. large amount of gold, viz., 95,00 N. was taken
from the Bank of England yesterday for the Con-
tinent, but as the French exchange is higher, and
the demand for silver has partially subsided, the
Movement, it is expected, will soon terminate.
The bar silver brought by the last West India
packet has been sold at 61s. id. oz. standard.
At the annual meeting of the Assam Tea Com-
pany, held this day, a dividend of 9 per cent. on
the paid-up capital was agreed to. The mil) of tea
for the present season is estimated at 765,000 lbs.
Of that of 1857, which amounnted to 707,101, only
about 15,000 lbs. have been sold.
The English funds have further advanced, but
there is net much animation, although the
speculators seem inclined to increase their
operations for a rice. The unfavourable im-
pression produced by the withdrawal of gold
from the Bank is neutralised by the satisfac-
tory progre:,s of Parliamentary business, and the
Improvement in the Paris Bourse. Consuls for
transfer have been 971 and 971 98. For account
the quotations have been 98 to 98k They are now,
however, 971 and 97/ 98, respectively. The New
Threes and the Reduced Annuities are 961 and
India Loan Debentures 1001 1. The March Ex-
chequer Bills have been 38s. to 425. prem., and
the June ditto, 365. to 39a. prem. Bank Stock
is 223, and India ditto, 225 to 226.

A very large amount of business has been trans-
acted in Foreign Securities, and prices generally
remain steady. Turkish 6 per Cents. are 98. 99 ;
Buenos Ayres 6 per Cents. are 82 ; Equador New
Consolidated, 14i ; Grenada New Active, 22 ft ;
ditto Deferred, 6ii ; Mexican 3 per Cents., 20/ ;
Peruvian 4i per Cents., 85 87i ; ditto 3 per Cents.,
69i 62 ; Portuguese 3 per Cents., 45/ 46i ; Sar-
dinian 5 per Cents., 92; Spanish 3 per Cents., 44i ;
ditto Deferred, 261 ; Venezuela 4/ per Cents., 38 ;
ditto Deferred, 15 ; Belgian 41 per Cents., 99 ;
Dutch 4 per Cents., 99i ; and Peruvian Dollar
Bonds, 60/ 62. 1
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 51 641 ; Mexi-
can 3 per Cents., 20i 21 ; Peruvian, 83 85 ; ditto
3 per Cents., 58 60 ; Portuguese 3 per Cents., 45i
46i ; Russian 5 per Cents., 111 113 ; ditto 4i per
Cents., 101 103 ; Spanish 3 per Cents., 44 ; ditto
Deferred, 26i 27.
Messrs. D. Bell, Son, and Co., give the follow-
ing as the prices of American Securities :