The Sun.
London, England, 1858-12-03 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.

Less activity has prevailed in the markets for
foreign and colonial produce during the past few
days. Tea has been exceedingly firm, and the
better qualities have slightly advanced in
value. For sugar there has been only a limited
inquiry, and in some instances easier rates
have been current. In the refined market
the demand has been confined almost ex-
clusively to home requirements. In coffee
there have been few transactions, and prices have
shown little variation. Cocoa and rice have been
dealt in to a very moderate extent at about former
rates, and saltpetre and tallow have been rather
firmer. In the latter article considerable specula-
tive transactions have been entered into for for.
ward delivery.
The Liverpool Cotton Market yesterday closed
heavily, and prices were unaltered. The sales were
estimated at 7,000 bales. In Railway Shares
rather more business was transacted, .and quota-
tions were firmer.

A steady demand for accommodation is experi-
enced in Lombard-street, but as the supply of
money is still excessive, the movement attracts
scarcely any notice. At the Bank there are rather
more applications, which will no doubt enable the
authorities to keep up their stock of other securi-
ties at a point that will insure a satisfactory divid-
end to the proprietors at the expiration of the pre-
sent half-year. _ _

The steamer Ceylon, which leaves Southampton
to-morrow for India and China, will take out specie
to the amount of £213,884, principally silver, viz.,

as follows

'Mauritius, rupees . £250
Madras, silver 42,450
Ditto, gold
Calcutta, silver
Penang, ditto
Hong Kong, ditto
Shanghai, ditto , 45,552
Alexandria, gold -

Total £213,841

There was a meeting of the Eastern Steam
Navigation Company, to-day, but it was adjourned
to the 17th inst., by which time it was expected
that the directors of the Great Ship Company
-would be prepared to complete the purchase of the
ship.

The market for English Securities opened with
rather a flat appearance, and the inclination seemed
to be downwards, but there has since been an im-
proved feeling, accompanied by purchases, which
liar caused a fractional advance. During next week
the liquidation of the account will have paramount
Influence on values, unless the progress of political
and monetary affairs should develop any new feature
to bias the views of the operators. Consols have
been 981- I for money and the 7th inst., and 981 1
for the January account. They have just reacted,
however, to 98 buyers, and 981 4 respectively.
The New Threes and the Reduced Securities are
961 1. The New 5 per Cents. 1151. The March
xchequer Bills are marked 39s prem., June ditto
-335. to 37s.prem. Long Annuities have been dealt
in at (1885) 181, ditto (1860) 11 3-16ths. India
loan Debentures 991, and ditto Bonds I ls. to 14s.
prem.

Business in the Foreign Stock Market is rather
active, and prices are lower. Turkish 6 per Cents.
are 92 1; ditto Scrip, Ist issue, I to 1 dis. ; ditto
2d issue, 1 I prem. ; Russian 5 per Cents. are 1131
114 ; Sardinian, 92; Venezuela 5 per Cents., 42;;2
43 ; Peruvian 3 per Cents., 741 75 ; Portuguese
per Cents., 471 48 ; Equador Bonds, 16} 17 ; and
Dutch 21 per Cents., 661.
Chilian Loan is 1 to I prem.
Messrs. D. Bell, Son, and Co., give the following
Its the prices of the American Securities :