The Sun.
London, England, 1859-06-28 00:00:00

MONEY MARKET AND CITY NEW&

CITY, Two o'CLocK.

During the last few days rather less animation
has prevailed in the markets for foreign and colo-
nial produce. Tea has been very inactive, as the
dealers are waiting the arrival of further intelli-
gence from China by the overland mail. The in-
quiries for sugar have been rather limited, but good
descriptions fully maintain their previous value.
For coffee there has been a moderate inquiry, chiefly
for home consumption, and fine qualities of planta-
tion Ceylon command full rates. Rice has been
dealt in to some extent, and prices have been well
supported. For saltpetre there has been only a
limited market, and the stocks are rather larger
than at the same period last year. Tallow has
been in fair request, but at a slight decline in value
compared with last week's rates.
There is very little change to record in connec-
tion with the money market. The demand con-
tinues moderately active, and the rates still indicate
increased firmness. During the -next few days a
large amount will be required to meet railway calls
and the commercial bills of the 4th, but the effect
will be merely temporary, as there is no inclination
on the part of the public to encourage new en-
terprise.
Letters from Liverpool report that the Cotton
Market yesterday remained quiet, but steady, at
about Friday's currency. The sales amounted to
6,000 bales, 500 of which were taken for export
and 500 on speculation. The Railway Share
Market presented an inanimate appearance, and
prices were without any alteration of importance.
A further sum of £40,000 in gold was added
yesterday to the stock of precious metals in the
Bank of England.

The only arrival of importance announced this
morning is the Result, from Melbourne, with
£145,600 in gold.

At a meeting of Messrs. Calvert's creditors yes-
terday, it was resolved to form a joint-stock com-
pany, according to the plan recommended by the
inspectors, for the purpose of carrying on the busi-
ness of the brewery. There were very few dissen-
tients, and it is expected that they may be induced
to withdraw their opposition.

At the annual meeting of the South Australian
Banking Company to-day, Mr. Divett, M.P., in
the chair, the report, showing an available balance
of profit for the year of £37,870, was adopted ; and
the proposed dividend, at the rate of 9 per cent.
per annum, was agreed to unanimously.
At the special meeting of the shareholders of the
Royal Mail Steam Packet Company to-day, a reso-
lution was passed authorising the directors to
tender for the Government postal service between
Panama and Australia.

The variation in the English Stock Market to-
day has been very limited, and upon the whole the
Funds have been well maintained. A little depres-
sion, however, is now apparent, owing to the re-
ceipt of lower prices from the Paris Bourse ; but
the decline is limited to / per cent. Speculation
is still very inactive, and the consequence is, that
a comparatively small operation is sufficient
to influence the market. Consols have been 92k
and they are now 92 I. The New Threes and the
Reduced are steady at 931 ; India Loan Scrip, at
93i ; Exchequer Bills, at 225. to 255. prem. ; and
India Bonds, at 9s. to ss. dis. Bank Stock improved
to 219 221.

Business in the Foreign Stock Market continues
rather restricted, and prices are unchanged, with
the exception of Turkish, which are rather firmer,
the Old 6 per Cents. being 74 76; and the New
Loan 60 62 ; Brazilian 41 per Cents. are 911;
Russian 5 per Cents. 105 ; Spanish Deferred 301;
and Belgian 41 per Cents. 931 ; Mexican were
heavy at 17/ 18; Russian 41 per Cents. at 95, and
Sardinian at 81.

In the Railway Share Market the dealings have
been on a very limited scale, and, in some instances,
at slightly reduced rates. Midland have declined
es., and South Western and Oxford, Worcester,
and Wolverhampton, 10s. Eastern Counties and
Great Westerns improved 10s. ; Lancashire and
Yorkshire, 16s. ; and South Wales, .£l.
In the Foreign Market Lombardo-Venetian
Old shares declined to 7 ; and the New shares to 61.
The Colonial undertakings have also shown a
slight downward tendency. Grand Trunk of
Canada have receded ss. ; Great Western of Ca-
tada, ss. ; and East Indian, 10s. to £l.
Joint-Stock Bank and Miscellaneous shares are
dull. Union of Australia have declined Ll ; and
Royal Mail Steam, 10s.

... BRITISH FUNDS—CLOSING PRICES.
!dank Stock
4, ._per Cent. Reduced Annuities ......
41 ew 3 per Cent. Annuities
India Stock
-Vitt° Debentures
4iitto Loan Scrip
Ditto Bonds, £l,OOO
Ditto under £l,OOO
2011801 s for Account (July 8)
-r.a (3 hequ e r Bills, £l,OOO, lid 22 5 p
Ditto Small,•ltd. • '
•

FOREIGN. FUNDS—CLOSING PRICES.
zrazilian 5 per Cent.
Ditto 4} per Cent. 1858
Rexican 3 per Cent.
Peruvian 41 per Cent B4
hussian, 1822, £ St., 5 per Cent lO5
. Ditto 4i per Cent.
130-r. dinian, 5 per Cent
'Vanish 3 per Cent.
Ditto New Deferred, 3 per Cent. Bok
~, Ditto Account
Anrkieli 6 per Cent 731 3 41 51
Ditto New Loan
Ditto Guaranteed, 4 per Cent.
Dividends on the above payable in London.
telgian;4l per Cent., En. 25f, 931 3
THREE O'CLOCK.
Consols for Account, July 8 .... 92j i x d

THIS DA F'S MARKETS.

HAY MARKETS.

SMITHFIELD.--Maadow hay, 12 10s to £4 lOs ; clover,
14 Os Trade ratherto £s,w 8s ; and straw, £1 5s to £1 lOs per load.
slo.

CIIMBERLAND.—Meadow hay, £2 lOs to £4 lOs ; clover
£4 Os to £5 8s ; and straw, £1 5s to £1 10s per lead.
slow inquiry, at late rates. Supplies

WHIITCHAPEL.—Meadow hay, -12.10 s to £4 10s ; clover
'P., £4 Os to £5 10s; and st,raNO, £l4s to £1 9s per loaol.
4% Moderate demand, at our quotations.

COLONIAL.

TEA,—The market is 'very inactive and prices are mi-
keret', both buyers and sellers waiting the arrival of
further news by the overland mail.
SUGAR.—The enquiries have not been quite so active.
'"ritish Plantation however fully maintains its
.previous
mlue. In the refined market a moderate business has
been transacted at late quotations.
COFFEE,—There has been a very quiet market and
ii-rsees generally have showed little variation.
moderate business has been reported in Bengal
qualities at fully late rates, and other descriptions are held
for full values.
SALTPETRE.—A very limited business has been trans-
!tcted, stocks on hand being now relatively larger than at
the same period of last year ; holders however, demand
4411 values.
TALLOW.—The market continues tolerably active, and
oricer are steady. P.Y.C. on the spot is quoted 55s 9d and
68 9d for last three months.