The Sun.
London, England, 1858-10-22 00:00:00

lIM

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocK.

There has been rather less activity in the Foreign
and Colonial Produce Markets during the last few
days, although prices in most instances have been
well maintained. Since the arrival of the new
season's crop of tea a moderate amount of business
has been done in the finer descriptions, and at im-
proved values. Sugar continues at steady rates, but
in the Refined Market there is rather less activity,
and prices have slightly given way. For coffee a
bady demand has been reported, owing to the
small arrivals of plantation Ceylon. Rice has been
inactive, but in rum and spices there has been about
an average number of transactions and at full rates.
Fruit has been in fair demand, notwithstanding
large arrivals of both currants and Valencia
raisins, and late rates are fully supported for
the better descriptions. The public sales of indigo
are proceeding rather slowly, and a large quantity
of the finer qualities has been withdrawn, owing to
the downward tendency of prices ; for the other
descriptions about previous values have been real.
ised. Saltpetre ha: been flat, and in some in-
stances a decline of ls. to 2s. per cwt. has oc-
curred. Tallow continues dull, although there is
little alteration to notice in values, the speculative
demand for spring delivery having slightly dimi-
nished.

Notwithstanding the continuance of the Bank
rate of discount at 3 per cent., the demand for
money out of doors, although the terms are still as
low as 2 and 21 per cent., exhibits no perceptible
increase. The requirements on commercial
account are still very limited, although an im-
provement in trade is reported throughout the
country, and the payments of calls and instalments
for new joint-stock companies and the State loans
lately negotiated have not yet absorbed a sufficient
aggregate amount to create the least improvement
in the market. The state of the foreign exchanges
is now viewed with some anxiety, for, in the event
of a further deCline, specie may be with-
drawn from this country to Northern Ger-
many, whence there is also an efflux to Vienna,
where active arrangements are in progress for the
resumption of specie payments by the Bank of
Vienna. On Tuesday last the rate of exchange was
Slightly firmer, the decline having been checked,
but the quotations this afternoon are awaited with
some anxiety, and many persons are desirous of
ascertaining whether increased firmness will then
be exhibited.

The Cotton Market at Liverpool yesterday con-
tinued heavy, and prices tended downwards. The
sales amounted to 8,000 bales. On the Stock Ex-
change rather more business was reported in Rail-
way shares, although values slightly receded.
A small amount of gold, viz., £4,000, was
taken into the Bank yesterday. Several large
consignments are coming forward from Australia,
brathey may not be received for a week or two,
no immediate accumulation can therefore be
anticipated.

Increased heaviness has been observable in Ale
Nlish Stock Market to-day. Although' the
fluctuation has not been more than 1 per cent!
it has shown the sensitiveness of the market;_ao
the facility with which it can be moved by a few
adverse transactions. A decline took place soon
liter the opening, but a rally succeeded. When,
owever, it transpired that the Government
broker had not made his usual daily purchases,
renewed depression was created. Consols have
bin 98Z 1 and. 984. n. The difference between
Lae quotations for immediate transfer an the
10th proximo is reduced to about 1-16th per cent.
Consols are now about 981 for money, and 981 ff for
account. The New 3 per Cents. are marked 971 7,,
and also the Reduced Annuities. Bank Stock is
Erin at 221 to 222. The March Exchequer Bills,
425. ; June ditto, 31s. to 345. prem. ; India Bonds,
12s. to 13s. prem. ; ditto Loan Debentures, 991 e ;
ditto, 2d issue, 99=1. India Stock is 2231.
In the Foreign Stock Market the transactions
are limited, and quotations are rather lower.
Turkish 6 per Cents, are 931 94 ; ditto Scrip,
Ist issue, to 1 prem. ; ditto, 2d, 11 to 2 prem.,
being lower. Australian 5 per Cents., 96 ; Mexican
3 per Cents?, 201-; Portuguese 3 per Cents., 461
Itusgian 5 per Cents., 112 k 1 ; Sardinian 5 per
Cents., 944,

ACcording to Messrs. D. Bell, Son, and Co., the
following are the prices of American- Securities :
Redeemable. Prices.
United States 6 per Cents..... 1867-1868 104 105
1:10. 6 per' Cent Bonds .. 1868 1041 1051
Alabama 5 per Cent. Bonds.. 78 —l(..eiltucky 6pper Cent. Bonds.. 1868-72 91
Massachusetts
5 per Ct. Str. Bonds • 94
44assachusetts 6 per Cent. Str:
Bonds
ullio 6 per Cent. Stock
P
Pennsylvania 5 per Ct. Stock.
Pennsylvania 5 per Ct. Bonds
VTennessee 6 per Cent. Bonds.
Virginia 6 per Cent. Bonds
eginia 5 per Cent. St. Bonds
'8to!I 49 per Cent. St. Bonds
Loolp Central 7 per Cent. • •
yi Central 7 per Cent.
nois Central 6 per Cent
ereelands)
10? ares, 60 dols. paid
""-igan Central 8 per Cent
4. do. shares
`ic York Central 6 per Ct.,
.'m.not convertible .
eNv York Central 7 per Ct ,
convertibleCe from June 15,
,1&57..59
do. shares
NewnA York and Erie, 7 per Ct ,
incirtgage .
New York and Erie 7 per Ct.,
ew convertible
York and Erie, 7 per Ct ,
hsbaking fund
2: do. shaes
'anta 7 per Ct., Ist mort-
braqie Str. Bonds, not cony
lst. do.
eini :188 ylvania Cen. 6 per Ct ,
t litortgage convertible
till 1860 -
- - -
In the Railway Share Market the transactions
have been of a rather limited character, and in
1110st:instances a decline of about / per cent. may
13
Nreported on former rates. Bristol and Exeter,
'",,°1111-Western, Scottish North-Eastern, and South-
-tastern have declined ss. ; Eastern Counties,
South-Western, and North-Eastern (Berwick), 10s.
Ilrightons improved about ss. In the Foreign and
Colonial undertakings scarcely any business was
4one, and prices were steady at previous rates.
Joint-Stock Bank shares have been rather firmer.
Bank of Australasia improved ss. ; Commercial
of London, ss. ; London Joint-Stock, ss. ; London
and Vestminster, ss. to 10s. ; and Union of Aus-
tralia, ss.
In the Miscellaneous Share Market Atlantic
'telegraph were dealt in at 360, and Peninsular
and Oriental Steam at 87.

1886

101 103
961 971
80 82
85 86
80 82
82 84
83 84

1877
Divers
1886
1888

1860 80 82
24 22 dis
1869 84 86
55 60

1883

1864

1833

1562

30 35

BRITISH FUNDS THIS DAY AT ONE O'CLOCK
nauk Stock
; Per Cent, Reduced Annuities 97i it
Uer Cent. Consols Annuities
V.ny 3 per Cent. Annuities
'awl Annuities, expire sth Jan., 1860 —
Ditto 30 Years, expire 6th April, 1885 lBl
India Stock
Ditto Debentures 991 1
Ditto ditto, 2d Issue
Ditto Bonds, £l,OOO
Ditto under £l,OOO
Consols for Account 9Bi
March June.
42 1 31 4

Zxchequer Bills, £l,OOO, 2d. &lid...

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK
Austrian Bonds, 5 per Cent ............. 96
kexican 3 per Cent
Ditto Account
Portuguese, 1853, 3 per Cent.
Russian, 1822, £ St., 5 per Cent'
Sardinian, 5 per Cent. 9ll
'Panish Com. Cert. of Coup. not funded 641:
Turkish, 6 per Cent.
Ditto New Loan Scrip li I 1
Ditto 2d Issue
Dividends on the above payable in London.

TWO O'CLOCK.
Consols, Money
Ditto Account 9B

eiYHE WHALE FISHERY.—The fine screw steamer
(Gravill, sen.), of which Messrs. Brown, Atkinson,
c-,-`t Co. are agents, arrived here:(Hull),from Davis' Straits,
br'rueEd ty. She left the fishery on the 20th Sept., and has
bt:light 9 whales and 150 seals, 130 tons of oil, and 7i tons
131,11; and reports as follows :—Tay, steamer, of Dundee,
ja ~._t":4111,• Truelove, of Hull, 4 or 5 whales ; Anne, clean ;
47, ua, clean • /Bolus, Hibbs, 1 whale, 21 for s (this vessel
arrivedaLao at Hull) ; Arctic, clean ; St. Andrew,
2 '-'414 ; Chieftain, clean ; Pacific, 2 whales, 25 tons ; Advice,
r,whales ; Alexander, 3 whales ; Jumna, 3 whales ; Lord
Prabier, 2 whales ; Abram, 5 whales ; Jane, 1 whale ;
'4444 (stoitmer), of reterhead, doll; r olAr Star, clean,