The Sun.
London, England, 1858-04-09 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLocK.
The Foreign and Colonial produce markets re-
opened on Wednesday after the Easter holidays.
A very limited amount of business has since been
transacted in most of the leading staples, and little
variation has taken place in prices. The demand
for tea has been inactive, as warehouses have delayed
their operations until the public ealewhich take place
this day. Sugar has been dull, and only the finer
qualities have realised former values. For coffee there
has been a moderate demand at about former quo-
tations. Cocoa and rum have been at rather im-
proved rates, but rice, saltpetre, and cochineal
have each been at lower values. Tallow has ex-
hibited considerable firmness, and prices have ad-
ianced. P.Y. C. on the spot is now quoted at 555.
9d, to 565., 545. 6d. to 545. 9d. April to June, and
52g. 6d. for last three months.
Aecounts from Liverpool report that the Cotton
market yesterday closed flatly, and prices of all
descriptions were unaltered. The sales amounted
to 8,000 bales, 2,000 of which were taken by the
speculators. The Railway Share Market manifested
a heavy appearance, and quotations slightly de-
clined.
The rates of exchange at New York, as advised
by the present mail, were heavy at the latest date ;
bankers asked 7 to 7t, while good commercial
names, with bills of lading attached, were 5f to 6.
At this season of the year the quotations are usually
lower than at any other, and financial writers seem to
anticipate some moderate supplies of gold from Eng-
land. The movement, however, is not likely to con-
tinue,foras soon astrade revives, and the tendency is
favourable, increased consignments of merchandise
will be forwarded, which must operate on the ex-
changes in such a way as to prevent any profit
being derived from specie remittances.
In one sense the Bank of France return issued
to-day is' favourable, but in another just the re-
verse. A further increase of about 1,804,1151. has
taken place in the bullion, while the bills discounted
have represented 722,2881. less than in the previous
month. The position of the establishment is
consequently stronger its resources have
accumulated to a considerable extent. When,
howeVer, it is known that these changes have been
produced by the adversity of trade, and not by its
prosperity, little satisfaction can be felt at the con-
tinuous augmentation of specie, and the decline in
discount operations. Commerce, in France, is
paralysed, consequently little employment is found
for money, and it accumulates and remains idle and
unproductive in the coffers of the Bank.

About 30,000/. in Australian gold was taken into
th• Bank. of England yesterday.
There is more. firmness in the market for public
securities, and a moderate business has been done
at an advance of per cent. upon the latest prices
current yesterday afternoon. Speculation con-
tinues dull, because a desire is felt to await the
delivery of the Budget before extending operations.
Consols have been 96f # for money, and 96t for
account ; they are now 961 I. and 961 respectively.
The New 3 per Cents. are 95g ; the Reduced
951- ; and Long Annuities, 1# 11-16. Exchequer
Bills are 365. pm. for Match, and 38s. for June ;
India Bonds, 17s. to 225. prem. ; and Do. India
Loan Debentures, 98i which is a slight improve-
ment.

Business in the Foreign Stock Market has not
been very active, and quotatioris have not exhibited
any iparticular alteration. Turkish 6 per Cents.
are 100 to 1001 ; and the 4 per Cents., 1034 to 104;
Brazilian 5 per Coats., 102 ; Equador New Con-
solidated, 14f ; Peruvian 41 per Cents., 81 to 81i ;
Ditto 3 per Cents., 56 ; Portuguese 3 per Cents.,
45i ; Russian 4i per Cents., 1001 to 1001 ; Sar-
dinian 5 per Cents., 90k to 9,4 ; Venezuela 41 per
Cents., 311 to 32 ; and Ditto Deferred, 121.
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 51 61 ; Mexi-
can, 191 20 ; Peruvian 4i per Cents., 811 821 ;
ditto 3 per Cents., 56 57 ; Portuguese 3 per Cents.,
45 46 ; Russian 5 per Cants., 109 110 ; ditto 4i
per Cents., 98 100 ; Spanish 3 per Cents., 43i 44;
ditto Deferred, 264 4.
Messrs. D. Bell, Son, and Ca., give the follow-
big as the prices of American Securities