The Sun.
London, England, 1858-08-24 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocx.
The markets for foreign and colonial produce,
during the last few days, have not exhibited quite so
much animation as previously exhibited. For tea
there has been a very limited inquiry, the trade
generally having bought very sparingly, prefer-
ring to wait for tha particulars by the Over-
land Mail. There have been very moderate
sales of sugar, and only the finer qualities of
British West India have supported former quota-
tions. In the refined market a few sales have been
effected at previous values. There has been some
inquiry for English crushed for exportation, and at
the Dutch sales prices ruled at a slight advance on
last sales' rates. For coffee there is only a mo-
derate inquiry. Plantation Ceylon of good
coloury quality supports former values, but other
descriptions are heavy. Rice has been in improved
demand, and prices have slightly advanced. Itum _
has been in steady favour, and fruit has si
been dealt in to a fair extent. The first
cargo of new Valentia raisins has arrived, and has I
been taken by the trade at 455. Saltpetre has been
steady, and tallow dull. The public sales of colonial
wool, which commenced on the 15th July, will con-
clude to-day ; the quantity offered has been about
80,000 bales, chiefly of Sydney, Port Phillip, and st
New Zealand wools. Prices have been steadily 3,
maintained, and the average advance on the rates II
realised at the conclusion of the May sales is lid. to
2d. per lb., chiefly on the finer descriptions,
The Liverpool Cotton Market yesterday exhibited
rather more animation, and prices of all descriptions
were fully supported. The sales amounted to 10,000
bales. In Railway Shares a very limited business teel
was transacted, and values remained unaltered. Stock Kastern Union Stock,,,,
Stock Do. Do. B. Stock
As anticipated, the payments towards the Indian 25 Do. New A. (late E.R. Sh.)
i Last Kent
hire
Loan effected yesterday were in excess of the call, stoesk
which was equal to about 17 per cent. The next Stook
East L3.li.ffoik
call of 25 per cent. is due on the 20th proximo, and irsgc Mnargrhthn,nan4aGhdir,
a further large amount, in anticipation of future in-
stalments will, in all probability, then be sub- it
scribed. The payments hitherto have not led to any 61
appreciable variation either in the demand for, or {
the value of discount accommodation.
A steady influx of geld is taking place at the Bank Bil
of England. In the absence of Australian supplies,
the additions to the stock of bullion have recently

consisted of Russian and American gold. In a few is
days, probably, large consignments will be received stl
from Australia, which will, no doubt, be sent into
the Bank, because the continental demand continues 111
very limited.
The recent advices from China, leading to the in-
ference that the proposed indemnity to England and si
France will speedily cause a large influx of silver,
have rendered the market for that metal exceedingly at
quiet. But no futher decline has yet taken place in 31
the quotations. Small amounts, however, are com-
ing 11
forward from the continent. Among those an-
nounced this morning are parcels of £l,OOO from
Oporto, and of about £2,000 from Antwerp.
The daily fluctuation in the market for Public 11
Securities is very limited, viz., about /I per cent. ii
and speculation seems almost suspended. Such pro-
tracted inanimation has seldom been witnessed. The
tendency of values is favourable, and within the last
few months securities of most descriptions have ad-
vanced, but the improvement has not been accom- 8
panied by a revival of business. The invest- 1,
ing public, if they have employed their means,
have preferred new enterprises. Loans have
been readily subscribed to, and two or three companies
have been successfully established, but comparatively '
little money has been brought into the old chan-
nels of speculation. The Funds are considered high
enough. Foreign Stocks, with few exceptions, are
not very popular, and Railway Shares are much above
the value warranted by the late dividends and the 1)1
present scale of profits : stagnation, consequently,
pervades all departments of the house, and many of
the brokers must be earning a scanty subsistence, for s,
the business recorded is too limited to give half of
them adequate employment ; still a hope is ex-
pressed that a month or two later a general
improvement will take place. The return of
a large proportion of the public from the
country and the continent, may, it is thought,
inaugurate " better times," but in the interim there
is nothing to excite attention, and the daily reports at
of the transactions and the variations are almost Bl
stereotyped. The Indian Loan, the Atlantic Tele-
graph, the Red Sea Telegraph, and a few other pro-
jects, have each in their turn evinced a little tempo-
rary excitement, but affairs have speedily settled
down to the dull and heavy state that has charac-
terised this branch of business since the crisis of
last year. However encouraging our prospects
may appear, they are wholly inoperative in reviving
business ; prices, however, exhibit increased firmness.
Consols have been almost stationary at 961 8 fcr _
money and account. Bank Stock is firm at 227/ to
228/. The New 3 per Cents. and the Reduced An-
nuities have been dealt in at 973 for both • Long
Annuities, 188; India Stock, 217 ; ditto Bonds, 15s.
The March Exchequer-bills are marked 31s. to 345.
preen, and the June ditto, 255., and the Bonds 1001
A moderate amount of business is recorded in the
Foreign Stock Market, and about previous prices
are current. Turkish 6 per Cents are 95i 96, Rus-
sian 4 per Cents. 1001, Spanish New Deferred
28i , Mexican 3 per Cents. 218 Peruvian 4i per
Cents. 901, Brazilian 5 per Cents. 103 z, ditto New
Scrip it dis. / pm., Danish 5 per Cents. 104/, and
Dutch 4 per Cents. 1014.
A moderate amount of business has been done in
the Railway Share Market this morning. Prices
generally have been steady, the variations having
been about 4to per cent. Lancashire and
Yorkshire, Manchester, Sheffield, and Lincoln,
and North British, declined 55.; North-Eastern
(York), 10s. ; Oxford, Worcester, and Wolverhamp-
ton, 155.; and Bristol and Exeter, £l. Caledonian,
and Edinburgh, Perth, and Dundee, improved ss. ;
and Midland, 10s. The Foreign and Colonial
undertakings have been in very limited demand,
and show a downward tendency in most instances.
Canada, declined about 55.; Great Western of
Canada, 10s. ; and Grand Trunk of Canada, £2
to £3.
Joint-Stock Bank and Miscellaneous Shares are
extremely quiet. Union of Australia and London
and County are dealt in at yesterday's quotations ;
European and American Steam are Telegraph,
Miners of England, 26 ; and Atlantic
850. Red Sea Telegraph Scrip are a 3 prem.
Consols for money and account, 964 3.

STOCK LISTS.—Yesterday,

ENGLISH IFV3TD3.

Bank S':ock, 2281 71 1.
nrce por Cent. Reduced .Annuities, 971 1.
Three per Cent. Censels Annuities, 961 1 1.
CrN Three per Cent. Annuities, 971 14.
Long Annuities, 30 years, expire April 5, 1885, 184.
India Stock, 217 16.
India Bonds, 1,000/., 15.
India Rends, under 1,000/., 17.
Consols for Account, 961.
!tx-he.quer xOOl., 20, March 81, 4—Juno 25 12.
Exchequer Bonds, 1859, 31 per Cent., 1001 1.
FOREIGN FUNDS.
Five per Cont. Brazilian, 103 1 I.
Four-and-a-Half per Cent. Brazilian, 1858, 1 pm.
Five rer Cent. Danish Bonds, 1825, 1041.
Three per Cent. Mexican Bonds, 211 1.
Three per Cent. Mexican, Acct., Aug, Sl, 211 1.
41; per Cant. Peruvian, Acct., Aug. Sl, 901 90,
Four-and-a-Half per Cent. Russian, 1091 4.
Three per Cent. Spanish, Acct., Aug. 31, 294 1 1.
Six per Cent. Turkish, Acct., Aug. 31, 951 6.
Four per Cent. Dutch Certificates, 1014.

LONDON SHA HR MARA-BT.—This Day.