The Sun.
London, England, 1859-05-06 00:00:00

MONEY MARKET AND CITY NEWS. J SHARE

CITY, Two O'CLOCK.
Business in the Foreign and Colonial Produce
Markets during the last few days has been very
inactive. The advance in the minimum rate of
discount, together with the unfavourable aspect of
foreign politics, having interfered with the ordinary
course of trade. Tea has been exceedingly dull,
late rates being barely supported. In sugar
the dealings have been confined to immediate re-
quirements and a slight decline has taken place
in values. The inquiry for coffee has been limited,
with a downward tendency in prices. Rice has
been less active, although previous rates are main-
tained. In currants a moderate business has been
done at an advance of ls. to 2s. per cwt. For
saltpetre there has been rather an active inquiry,
late quotations being fully Eupported. Tallow has
been very inactive, and a further decline of ls. to
ls. 6d. per cwt. has occurred, P.Y.C., on the spot,
being now quoted 505., and for last three months
568. per cwt.

At the public sales of Colonial wool, which com-
menced yesterday, the attendance of both home and
foreign buyers was large. The biddings were
moderately active, but owing to the unfavourable
state of foreign politics, and the excitement conse-
quent upon the General Election at home, prices,
in most instances, were at a reduction on former
rates. Sydney wools may be quoted lid. to 2d.
Per lb., and Port Philip 2'd. to 3d. lower. There
was a very small quantity of Cape wools in the
sale, and prices experienced a correspwiding
decline.

There is still an active demand for discount, in
spite of the advanced rates now charged for accom-
modation. About £1,000,000 has to be paid to-day
on account of the Indian Loan, and this has aug-
mented the general inquiry. Commercial require-
ments, however, are likely to diminish, as the
advices from all parts of the country report a
curtailment of business, owing to the unfavourable
position of continental politics.
In the Liverpool Cotton Market, yesterday, a
moderate business was transacted, and about 4,000
bales were disposed of, at the previous decline.
The Railway Share Market closed quietly, and
prices experienced a considerable fall.
About £64,000 in bar gold was withdrawn from
the Bank of England yesterday.
A call for £2 per share, or £lBO,OOO, becomes due
to-day on the Bahia and San Francisco Railway.
The annual meeting of the Assam Company took
Place to-day, at which Sir Wm. Baynes, Bart.
presided. The report stated that tranquillity pre-
vailed in Assam, and that the estates had been
comparatively uninjured by the late mutiny. The
area of land in cultivation was 3,342 poorahs.
During the past season 154 poorahs of land had
been cleared and sown, and upwards of 200 acres
had been cleared in Cachar previously to sowing.
The crop of 1858 amounted to 770,4321b5., and that
of the current year was estimated at 8 45,0001b5.
The whole of the produce of 1857 realised in Eng-
land X 57,539 12s. sd. net, or ls. 81d. per lb., after
deducting all expenses ; and the portion sold
in India had produced £1,383 Bs. The
price of the crop of 1857 had not re-
alised the estimate of the directors by 1
per lb. This had arisen from the general de-
cline in the price of tea both in China and Assam,
and not from its inferior quality. The mar-
ket was now firmer, but the directors thought
it advisable not to estimate the crop of
the past and current seasons at a higher price
than that of 1857. The directors recommended a
dividend of 10 per cent. on the paid-up capital. After
some discussion, the report was adopted. Mr. Tite,
M.P., Mr. Warren, and Mr. Fox were re-elected
directors, and the auditors were also re-elected,
When the meeting passed a vote of thanks to the
directors and secretary of the company.
It appears that H.M.'s steamer Caradoc, which
left Alexandria, April 28, with Lord Elgin on
boar 1, conveyed the Bombay mail of Aprill 11 to
Marseilles. She arrived there yesterday, and the
'nails left at 10 p.m. The Australian (st.) had not
reached Suez up to April 27, and the Nepaul waits
at Alexandria to bring the mails forward upon
their arrival at that place.
The market for English Securities continues
very inactive, as the liquidation of the account is
still in progress. At present there is very little
inclination to enter into speculative transactions,
as credit has severely suffered from the recent
failures. On the whole, however, the market is
tolerably steady, owing to the scarcity of stock and
the demand for it on behalf of the investing public.
Consols have been 90 to 90i, and they continue
firm at those quotations. The New Threes are
firm at 8911, and the Reduced at 891 1. Bank
Stock has been dealt in at 215, 218, and 219 ;
India ditto has receded to 213, but the Debentures
have improved to 931 ; and Exchequer Bills are
16s, to 235. prem. The New India Scrip is
quoted 92, being 3 discount.
The transactions in the Foreign Stock Market
are of a rather restricted character, and prices are
heavy. Turkish 6 per Cents. are 60 to 62 ; ditto
New, 50 to 52 ; Portuguese have declined to 391 ;
Mexican to 161; Dutch 4 per Cents. to 90 and 92 ;
Spanish 3 per Cents. to 371 to 38 ; and the De-
ferred to 251 ; Grenada Deferred is steady at ;
and Brazilian 41 per Cents. at 90.
The Railway Share Market has exhibited rather
luore firmness, a rise of about 1 to 1 per cent.
being apparent on one or two of the principal
lines. Great Westerns have advanced ss. Oxford,
Worcester, and Wolverhampton, 10s. North
British, 15s. ; and Great Northern, North Western,
and Midland, £l. Eastern Counties have declined
I°s., Caledonian 15s, Brighton £l, and South
Western £1 10s.
The Foreign lines have shown no change of im-
portance. Great Luxembourg are flat at 41.
Lombardo-Venetian Old Shares are at 5 to 51, and
the New at 41 4a.
In the Colonial Market Grand Trunk of Canada
remain steady at 29 ; and Great Western of Canada
New Shares at 8. East Indian have advanced to 94.
Joint Stock Bank and Miscellaneous Shares are
at slightly reduced rates. London and Westminster
have declined ss. ; Ba.i4 of Egypt, £1 ; London
Chartered of Australia advanced ss. ; Red River
are dealt in at 21, and London Discount Company
at 4.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
Bank Stock
3 per Cent. Reduced Annuities B9 t a
3 per Cent. Consols Annuities ..
New 3 per Cent. Annuities
India Stock
Ditto Debentures 93 1
Ditto Loan Scrip
Ditto Bonds, £l,OOO
Ditto under £l,000
Consols for Account (June 7) 9O I
March. June.
Exchequer Bills, £l,OOO, 2d. & lid.. 16 I
Ditto £5OO
Ditto Small, ltd.
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian 5 per Cent.
Ditto 1858, 41 per Cent 9O
Grenada New Active, '3l per Cont...
Ditto Deferred
Mexican. 3 per Cent.
Ditto Account
Portuguese, 1853, 3 per Cent.
Sardinian, 5 per Cent 69
Spanish 3 per Cent. 37 6 71
Ditto Account
Ditto New Deferred, 3 per Cent.
Turkish 6 per Cent.6l
Ditto Account
Ditto New Loan
.., Dividends on the above payable in London.
-uatch Exchange, 12 Guil. 21 per Cent -
2
Ditto Certificates, 4 per Cent.

TWO O'CLOCK,
Consols, Money
Consols for Account 9O 90/

TIIE MYSTERIOUS DISAPPEARANCE AT MALTON.
--It will be remembered that last December Mr. Jennings,
Eurythorpe was suddenly lost all trace of, after leaving
a beerhouse in' Malton, having, it is thought, at the time of
Ills disappearance, much property upon him. The most
strenuous exertions were made for many weeks by his rela-
tives to trace him, and eventually a reward of £5O, increased
by Government to £lOO, was offered for his discovery alive
or dead. Much excitement has just been re-occasioned in
Mahon by the arrest of a man and a woman of doubtful
character, lately residing at Norton, near Malton, on suspi-
cion of having some guilty knowledge of Mr. Jennings.
The woman, at York, when intoxicated, appears to have
Made allusion to "robbing and doing for" an old gentle-
Man at Mahon. The house occupied by the prisoners has
been searched by the police, and a hat and handkerchief
found which are thought to have been Mr. Jennings's pro-
perty. The prisoners were on Monday brought before the
magistrates at Malton, and were remanded,—Manchester
Guardian.

rIS DAY.)

ORDINARY SHARES AND STOCKS.