The Sun.
London, England, 1858-08-20 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.
The markets for foreign and colonial produce have
not exhibited quite so much activity during the last
few days, although prices in most instances have
been fully supported. Tea has been at a slight im-
provement, and at public sale a few parcels of Assam
sold obtained high rates. Sugar has been moderately
active, the better qualities realising fully late values,
but the inferior kinds were rather in favour
of buyers. Coffee has been at firmer rates, and good
colory qualities of Plan' eion Ceylon have been much
sought after. Rice and cocoa have been in moderate
request, and for fruit there has been very little in-
quiry. The new crop of Valentia raisins is now
daily expected. Saltpetre has been at steady rates,
and tallow is dull. The public sales of colonial wool
continue to be well attended, and the demand for the
finer sorts of Sydney and Port Philip produce has by no
means diminished, prices in most instances exhibiting
an upward tendency. The sales are expected to close
on or about the 27th inst. For cils and drugs there
was rather less demand than usual, but most of the
principal articles realised slightly improved rates.
The Cotton Market at Liverpool yesterday pre-
sented an active appearance, 9,000 b iles having been
disposed of at full rates. In the Railway Share
Market a limited business was transacted, and prices
tended downwards.

Several small parcels of gold having been taken
into the Bank recently, it is expected that the return
to appear this (veiling will show a slight increase in
the bullion, but the alteration will no doubt be
limited. Fresh arrivals are now reported which, in
the absence of an extemsive demand from the Con-
tinent, will most likely cause a further augmentation.
Money continues in moderate demand, and the
rates are firm. Owing to the extension of trade and
the payments connected with new projects, the supply
of bills is in:reasing, and in the course of a few
months the market generally is expected to become
more active. The influx at' specie, however, will
assist in promoting continued easiness.
The arrivals of specie announced this morning,
comprise the Essex, from Melbourne, with £300,000
in gold, and the Northern Light, from New York,
with $62,000 for France.
The following railway dividends have been an-
nounced to-day, viz., by the South-Eastern of 9s.
per £3O stock; and by the North British at the
rate of .£2- per cent. per annum.
A. steady business has been transacted in the mar-
ket for American Securities during the past week.
Messrs. D. Bell, Son, and Company remark that " a
fair amount of business has been doing in the several
State securities, and there was an expectation of an
improved market. Railroad bonds and shares have
been dull, but prices were steady."
The English Funds are firm, but there is still very
little doing, and extreme dullness is experienced in
all the markets. Owing to the arrivals of gold, and
the expectation that the Bank return will be favour-
able, the tendency is rather upwards, and a few
transfers were at one time recorded at a rise of
1-16th per cent., but Consols are now 96i sellers for
money and account. The New 3 per Cents. and the
Reduced Annuities are marked 97* + for both, being
firmer. Bank Stock has been dealt in at 2271 ;
New 3 per Cents.. 101. The March Exchequer-
bills, 30s. to 315.; the June ditto, 245. India Loan
Debentures, 98-4-; ditto, second issue, 97i
Foreign securities are in moderate request, and
about previous rates are current. Turkish 6 per
Cents. are 96 ; Brazilian 4- per Cents. (1858), 96*;
ditto Scrip, par to prem. ; Mexican 3 per Cents.,
21-4-; Russian 5 per Cents., 114 ; ditto 41 per Cents.,
100+; Spanish Passive, 10 ; and Dutch 2} per
Cents., 65i.
A very limited business has been reported in the
Railway Share Market, prices, however, are steady,
and in some instances an improvement of about i to
per cent. may be reported. Caledonians, Eastern
Counties, North-Westerns, South-Westerns, and
Stockton and Darlingtons improved ss. ; Great
Northern, 10s. ; and South-Eastern, 15s. ; East
Lancashire declined £l. The Foreign and Colonial
lines are inactive, and show little variation from
previous quotations. Paris and Lyons declined
about 55.; and Grand Trunk of Canada, 10s.

Joint Stock Bank and Miscellaneous Shares are
very quiet, at about previous values. Union of
Australia have improved 10.3.; London Discount
Company declined ss. ; Red Sea Telegraph Com-
pany are quoted -I prem.; and Atlantic Telegraph,
840 to 860.
Consols for money and account, 96} 1.