The Sun.
London, England, 1859-02-15 00:00:00

21-oNEy MARKET AND CITY NEWS.

CITY, Two o'CLocK.
The Foreign and Colonial Produce Markets si
during the last few days hare been rather inactive,
although prices generally have remained steady.
For the better qualities of tea there has been a
steady inquiry, and the new season's crop has
brought high rates. Sugar has been in very
limited request, the present high rates .pre-
renting a large export business being transacted, st
and the home trade have bought to a very limited
extent. Coffee has been in moderate request, and
good qualities of Plantation Ceylon have fully
maintained late values. Rice has been flat, and in
Cocoa and rum scarcely any transactions have been st
reported. At the public sales of indigo prices have gt
been steadily maintained, although some consi- st
derable quantity has been withdrawn. Saltpetre
continues at steady rates, but tallow is dull. P.Y.C. si
on the spot is quoted 535. 3d. ; March delivery,
538. 6d. ; and last three months, 525. 9d. per cwt. st'
The Liverpool cotton market yesterday again
presented a very animated appearance, and 12,000 si
bales were sold at a slight advance. In railway st
shares the transactions were limited, and prices st
remained unaltered.
st
st
It has been announced by the directors of the Et
Madras Irrigationtand Canal Company that they
have requested Lord Stanley's sanction to the
election of Major Cotton as their chief or superin st
-
tending engineer, to proceed forthwith to Madras,
and adopt all necessary measures for the complete
survey of the works. The committee of the Stock ill
Exchange have appointed Monday, 21st February, it.
a special settling day in the shares of this company, st'
and business is to be marked in the official lists.

At the Bank of England yesterday there were no St
bullion operations of importance. The gold by the Si
Norfolk, viz., £162,000, was delivered, and £BO,OOO si
taken for transmission to the Continent. Si
The Royal mail steamer La Plata, arrived from
the West Indies, has brought £lBO,OOO in gold and 1

The demand for discount accommodation con- si
tinues moderate, and previous rates are still as- St
cepted for first class bills. In some instances choice st
Paper of short date is negotiated at a fraction under St
2 per cent. si

100
100
100
1613 4
100
100
100

The principal topic of conversation in City circles to-day has been Lord Stanley's financial statement ss ,
in reference to India. Upon the whole it is regarded 5'
as a very favourable explanation of the financial
position of the Indian authorities, and particularly
after the rumours circulated for some time past, s
that a loan of £10,000,000 would be required, the
announcement that L 7,000,000 is all that is now
proposed, is regarded with satisfaction. The at- I
tainment of that sum will create little or no effect Si
aPon:the Money Market,which still remains in a very Si
plethoric state. The failure of the Austrian loan will, I:
figniotriesthought, prevent the negotiation of other s
operations of a similar character, at least
While continental affairs remain in their present
unsettled situation. Upon the whole, therefore,
the prospects of financial affairs are satisfactory,
and although occasional fluctuation may take place,
no material change in the condition of the money ,
market is considered imminent.
The half-yearly meeting of the Blackwall Rail-
Way_, Company was held to-day—Mr. Daniel in the
ellair--at which a very favourable report was
!)_resented, stating that a balance of £23,792 1 ls.
"a• remained from the half-year's traffic,
applicable to dividend. The recommendation was
3s. 6d. on the old, and 3s. 2d. on the
4_ eivt, shares, for the half-year. There was
compared
al increase in the general receipts of £2,592, 25 Blythe and Tyne II per
Pared
tk 4isP.l.zeUce7.Yiedp.cttstzoscl)
with the corresponding period of 1857. i s
The report
vote was adopted, and it was agreed that the rk Ic)oier. do. Shares
r nt
Shares should be converted into stock. A cordial 1270 Dao. Qatar. sfiaLl:,e No. 2.
Stock Chester ac Holyhd, Sipe
of thanks was passed to the directors. Stock Do. do. 5 p. ct.
The transactions in the market for Public Secu- C''Cork tzelitrrikbelkanc.
ri .t. les to-day have indicated rather more animation, Stock E.T;ign. dass A7i spc
and the quotations have shown a tendency towards stock It: do.o Class. 3C
;3/I:cc:*:*
improvement. This slight but favourable change Stock E. Coun. Ex. 5 pct. iszeoo..i
is. to be attributed to the statement made last night Stock Do. New 6 per ct. Stock
ra the House of Commons upon Indian finance, and Stock
oc passtteLnanUen.iflopn,er4ger ct.
he comparatively small loan which the Council 5 E.k W. York. Jcn. fifths
will require for the current year. The fact, too, that Stock LlVeGritahs,:Ll?insh. r pc.
es
it will be raised without a Government guarantee Stock Furness, 5 per cent
has been viewed with satisfaction. Consols have Stock grirt;t&i3O.!VtrlaCtrll: '.l-,. 5.
Pc:
been dealt in at 954 4 for money, and 954 for the Stockoc liro:l4l);.RCe.dro:'d°ol.l.c.Pm
account, and the present quotation is 954 1 for 1(17) gni,- owcomaartra
both. The New Threes and the Reduced Annui- stock Gt. Sn.& W (Ireland);
ties are 96 to 964- ; Exchequer Bills remain steady 50 Gatre celrf(Ltl(..;ia
at 335. to , 365. prem. ; India Loan Debentures .... Hants
eEmxati3lse,p.ctia. .
DDooß..re 41 it
are,.
Redeemable, 4 p. ct.
981; Long Annuities (1860), 11 ; and ditto s6rockk
Stock Do. Irredeemable, do
(1685), 18 3-16. Stock Do. sp. ot. Redeem. Pref.
8 Do. Birm. Pref. Shares
In Foreign Securities a fair amount of business
10 Gt. West. Ches. 8 p.c.pf.
is recorded, and prices tend upwards. Turkish 6 shares
per _ Cents. are 901 to 901 ; ditto New Loan, 794 to Stock Do le3lll 514. c.t. Parre.fstock
,4n, ditto, 2d issue, 61 to 6 discount ; Chili= mi Do.
0. Chesterguar.shares
Loan_ is nominally without alteration ; Mexican 20 Do. do. do.
haver. improved to 204 4 ; Peruvian to 94 ; roost Lanntlirrigrl.rspo6 p..c..sitcoco 11
..15.ardinian to 801; ditto Small are marked stock Boo:Kef., 5 pi; 0.6.p.1t0 2
Ti ; Brazilian 5 per Cents. are firm at 102 ; stock Do. do. sp. c. No. ;
Buenos Ayres Deferred at 181 ; Venezuelan 5 per Stock Loena&N,.sWp..oootv. .&Nur -
advanced
are steady, at 441; and ditto Deferred have Stock Lpaie&A :it,a7rlifft. stock,
been Austrian "4 i' Austrian 5 per Cents. have 121 Londondy 3/ cote, 4 ohs.
Londoudy.& Ennis 4 sh.
dealt in at 76, and the New Loan is at 1 dis. Stock 111an.,Sh., & Lin., 6p. ct.
to par; the letters of allotment were issued yester-
Stioc26
day, and since then the market has been very
depressed. ik 113M000:rylipo6pertr ce&
car., 4 p.c.
4 1
ilt. 4 per cent .. ......
There has been rather more buoyancy exhibited stock Y ;.. lj
Stock uoid.e,on.isr 61011.&iiiMak.ci.
in the
t.5..._ railway share market, and prices generally Stock Do. 41.1711.1 Co. pref. stock..
English
.SYmpathised with the improvement in the
üblish fowl. Newport,Aber,&c.pref.s
Midland ... Caledonians have advanced 15s. ;
( p•
.c. redeem at sp. c. iim
Stocklo Do. Leic. g Hitpref. at.
and South-Eastern, 10s. ; and Edinburgh, 10 Do. Perpet,*6 p. c. with
Perth, - , option till 1866
ann. Dundee, Lancashire and Yorkshire,
10 Norfolk Deb. 4 p.c. shares
Brighton Chester
and North-Eastern (Berwick), Ss. ; Man- Stock Do. 55r. c. Eit4.07t0ca,18844
broughteester, Sheffield, and Lincoln, and North Stafford Stock
oc Do.
lo Wrv..ciral.Ex.Sk 1847
Stock North British, 5 per cent
former values.
Stock Do. New, Vila. 5 Rer_ce_not
a The foreign lin' es have been inactive, but prices Stock
oc Nth
al);
i Ivirßrealktp".c.atoCeb
Ilaye also slightly improved. Paris and Lyons Stock Do. Berwick, 4p. c. Pref.
In
ss. ; and Lombardo-Venetian, ss. to 10s. ‘,70 Do. teddos; 6p. c. No. 1.
Ira the colonial market Grand Trunk of Canada gi it .rloo'ki,ur.
,574'.'1,84urc° ii'.
se
I°a-; East Indian, 10s., and Great Indian 20 *oith Staffordshire ....
Stock Gx.Wr. & Wol. 6 pc. Ist g
Peninsula brought yesterday's quotations. Stock Do. do. do., 2d gua
Joint Stock Bank Shares have been dealt in to a Stock D°
8 Scottish Central,
moderate extent. London and County have
proved to 281 ; Ottoman Bank to 201 • and London Stock
ro..,ZtelLea Iguf.a.6pc.
im- Stock Scottish N.-Eastern
o i
Joint Stock to 311 to 34Z.
Stock Do. 7p. c. pref. stock.
10s. South Devon, Ann. 10s.
Miscellaneous Shares have been flat. Peninsular la Do. Fixed 41 percent
1.0.6. South nuifleii (reading
and_ Oriental Steam have declined to 85. Electric
Telegraph, 1021 ; Royal Mail Steam are 63 to Stock Do .41 per cent
Stock Do. Fixed 41 p.c. Ist is .
631, and Red Sea Telegraph, Bto 81. Stock Do. New do., 2d issue.
Stock South Wales, gua. 4 p.c.
Stock Do. 41 per cent
20 S.-Yorkshire, 4 p.c. gua.
25 1 Stockton and Dar. 5 p.a.
25 $ Do. 6 per cent
Stock Waterford & Kilkenny,
6 per cent.

bock Do. York
took North London

,0 IN. &S.Westn., Hampatd,
and City

North Staffordshire.

20 North-Western
10 No. & Sou. W. Junction
ock Oxford, Wor.,& Wolver
10 Peebles
20 Portsmouth

10 Rhymney
;ock Scottish Central
,ock South. N.E., Aber. Stock
,ock Do. Scottish Mid. Stock
,ock Shropshire Union
10 Sittingbourne & Sheer
,ock South Devon
;ock South-Eastern
:ock South wales
SouthYorks.&Riv.Dun
20 Do. do

0 Staines, Wok., & Wek
5 Stockton & Darlington
'5 Do. do. 1854
5 Do. do. 1855

Stockton & Hartlepool
:ock Taff Vale
;061/4 Do. Preference, No. 1 1
25 ThamesHavenDk&Bail
hock Vale of Neath

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities 96k 6 1
3 per Cent. Consols Annuities
New 3 per Cent. Annuities . 96 1
L Ditong Annuities, expire sth Jan., 1860.... 1 3 16
Ditto 30 Years, expire sth Apr., 1885.. 18 3-16 t
India Stock
Ditto Debentures 9Bl
Ditto Bonds, £l,OOO
Consols for Account
__ 951 I I

March - iune.
Exchequer Bills, £l,OOO, 2d. & 10.. 33 6 33 5
Ditto x,5
Ditto Small, 10. - I 36

FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent.
Ditto 1829 & 39, 5 per Cent. lOl/
_ Ditto 1858, 41 per Cent. 94k
-Buenos Ayres, 6 per Cent.
Ditto Deferred lBl
Mexican 3 per Cent.
Ditto Account
Peruvian 41 per Cent
Ditto Account
Sardinian, 6 per Cent. Boi
Ditto Account
Ditto Small
Spanish 3 per Cent
Ditto New Deferred, 3 per Cent.
Ditto Account .
Turkish 6 per Cent. .... ****************** 3(31
Ditto Account ************************** TokAl
Ditto New Loan **********************
Ditto Account ************************ '"i
Ditto 2d Issue ********....*..********* 794 80 791
Ditto Account .......
Venezuela, 5 per Cent. ..... ........... 61 6 51 d
Ditto Account • ..... 44 4
Ditto Deferred 2 per Cent .... 17
Dividends on the above payable in London-.
Austrian, 10 Gu. £, 5 per Cent.
Dutch Exchange, 12 Guil. 2f per Cent
Ditto Certificates, 4 per Cent.
THREE O'CLOCK
•
" Consols, Money 9sa
• ' Consols for Account

ock Waterford & Kilkenny
50 Waterford & Limerick
ZO West Cornwall
10 W-end Lon. & Cry. Pal
5 Do. A.—A rem% nodiv.till
7 p.c. has been pd. to B
5 Do. B
20 West London
10 Do. Ist Class
20 Do. 2d Class

£3 is.
174
all
all
100
all

16.1
100
100

100
100
all
all
all

all
all
all
all
all

. all
100
6

100
100
100
100
all

The Austrian loan was allotted yesterday, but
is said the amount subscribed is under £1,500,000. An in.
stalment of 20 per cent. is to be made up to-day. The lasi
price of the scrip this afternoon was par.