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

!WM

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.

There has been less activity exhihitpa in the
Foreign anti Colonial Products 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 lower rates. Sugar has been
at previous values, and the fine grocery qualities
have been in fair demand. Coffee has been in steady
request, and rice, spices, and fruit have been dealt
in to a limited extent at about former values. yor
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
out by the Peninsular and Oriental Co.'s steamer,
the Salsette, on the 4th, is £90,356, viz., as follows :
----L1,370 in silver for Alexandria, £lOO in gold for
Madras, £38,886 in dollars for China, and £50,000
in sovereigns for Mauritius.
In consequence of 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,
and 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,
Son, and. Company, report that the-only change of
importance 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
in 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
Market, but it is still exceedingly, quiet, the real and
speculative transactions daily recorded being very
limited. 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
character. Consols are 96a I for money and the
7th inst., and 961 97 for the October account.
The New Threes, and also the Reduced Annuities
are marked 971 ; Exchequer Bills, March, 31s.
prem ; and ditto June, 225. to 255. ; India Loan
Debentures, Ist issue, have been dealt in at 989 ;
ditto 2d issue, 989 ; ditto Scrip, 2d issue, 97i, and
ditto 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 1, and the 4 per Cents.
141. Spanish 3 per Cents., 45 ; ditto Deferred,
2811 y ; Peruvian 41 per Cents., 909; and Dutch 21
Per Cents. 651.
The fluctuation in the New Turkish Scrip has
been very extraordinary. Soon after the com-
mencement of business the price fell to a to 1 dis-
count, but there has since been a rally to 1 dis-
count. The speculation has been of the most
violent character, the sales having been excessive.
It appears that the applications for allotments have
nrnounted to £4,200,000, and the loan may, there-
foro,- hi considered a success, notwithstanding its
depreciation in the, market. If the subscribers
supply the dealers there may be continued depres-
sion, but should they retain their interest in the
operation the Bears will be greatly perplexed, and
a reaction must ensue. •
In the Railway Share Market the dealings have
been on a rather limited scale, but in several in-
stances a slight improvement has taken place in
values. Chester and Holyhead, Lancashire and
Yorkshire, North-Western, and South-Western
Improved ss. ; and Bristol and Exeter and South-
astern, 10s. ; Great Western have declined ss. ;
'cd.,,,astern Counties and Midland, 10s. ; and North-
•e'astern (Berwick), £l. The Foreign and Colo-
-1141 lines have exhibited no change of importance.
northern of France and Southern of France are a
shade firmer ; and Eastern of France have improved
about ss. ; Grand Trunk of Canada advanced 10s. ;
441 East Indian are at previous rates.
Joint Stock Bank and Miscellaneous Shares are
dPalt in to a very limited extent. London and
Westminster have declined ss. ; and Union of
London, 10s. Canada Land have increased £1 ;
mid Eastern Steam realised about former rates.

BRITISH FUNDS—CLOSING PRICES.
!Per Cent. Reduced Annuities 971 f
' Per Cent. Consols Annuities
New 3 per Cent. Annuities
India Stock
Ditto Debentures, Ist issue.
Dyftoditto, 2d Issue
Scrip, Ist issue
itto ditto, 2d issue
i ,4to Bonds, £l,OOO
it
nitiq linder £l,000
"luela for Account 96i i
March June.
Fitt 31
Bills, £l,OOO, 21d —l22 5
--,,,,i,0 00, ud.3l
bitto Small, 2P.
1, FOREIGN FUNDS—CLOSING PRICES.
Dit to
elllvian, 41 per Cent.
Accot
1
Russian, 1822,un £ St., 6 per Cent —
n Ditto 41 per Cent.
mPanish 3 per Cent
Ditto Account
Ditto New Deferred, 3 per Cent —
Ditto Account
Turkish, 6 per Cent.
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above payable in London.
.131114 Exchange, 12 Guil. 21 per Cent 651 f
THREE O'CLOCK.
• Consols, Money .
96961 1
Ditto Account, (Sept. 7)

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