The Sun.
London, England, 1861-05-28 00:00:00

I,IONEY MARKET AND CITY NEWS.

CITY, Two o'CLocx.

The transactions in the Foreign and Colonial
Produce Markets during the last few days have
been of a very limited character. Tea has re-
mained at previous rates, while the operations in
sugars have been deferred until to-day, when a
large quantity will be offered at public sale. Coffee
has been in fair request, good and fine qualities
realising previous rates. Rice has been in limited
demand,. and prices have slightly given way. In
fruit, spices, and saltpetre only moderate dealings
have been entered into chiefly for home consump-
tion without material alteration in values. The
Tallow Market has been dull, and prices have
shown a downward tendency. P. Y.C., on the spot,
675.; and last three months, 545. 6d. per cwt.

In the Liverpool Cotton Market yesterday there
Was a fair demand for most descriptions at previous
rates. The sales were estimated at 10,000 bales.

A large amount of gold--viz., £los,ooo—was
sent into the Bank of England yesterday.
The Bank of Belgium has lowered its rate of dis-
count from 4 to 3 per cent.
At the forthcoming meeting of the proprietors of
the London Chartered Bank of Australia a divi-
dend of 31 per cent. for the half-year will be pro-
posed. _ _ _

The Tasmanian has been announced from the
West Indies with £36,000 chiefly in silver.
Notwithstanding the preparations in progress
for the usual disbursements at the end of the
month, the demand for money continues quiet, and
the best bills are negotiable I, to .per cent: under
the minimum of the Bank of England.
The official returns relating to trade and naviga-
tion, for the four months ending the 30th April,
1861, have just been published. From these it
appears that the total declared value of the exports
from the United Kingdom for the four months was
£38,574,462, against £41,834,347 in the like period
of 1860, showing a decrease of £3,259,885. The
decrease is most perceptible in beer and ale, cotton
,manufactures, cotton yarn, hardware and cutlery,
Wrought iron, linen yarn, soda, refined sugar, and
woollen and worsted yarn. The importations
of the principal articles were larger as regards
dyeing stuffs, provisions, rice, raw silk, wheat,
lour, unrefined sugar, tea, tallow, and wine, but
smaller in raw cotton, flax, hemp, saltpetre, spices,
and sheep and lambs' wool.
_ .

The shipping accounts exhibit an increase in the
anic;unt of tonnage employed in the foreign trade
of 437,429 for the entries inwards, and of 270,033
tons for the clearances outwards.

In the coasting trade, for the four months, 13,197
tons less were employed for the entries inwards,
'While there is an increase of 48,970 tons for the
clearances outwards compared with those of the same
period of 1860.
A meeting has just been held of the creditors of
Messrs. Theodore Ralli, Sons and Co., Greek mer-
chants, when a balance-sheet was presented giving
the expected liabilities at L 74,786 id., and the pro-
bable assets at £98,646 ss. After some discussion
it was resolved to adjourn to the first week in
August, and in the meantime Mr. Ralli will visit
the several houses in the Levant with which he is
connected.
At the anginal meeting of the proprietors of the
National Bank, the report of the state and condition
of the society made up to the close of 1860 was
adopted.
There has been a heavy market for Public Secu-
rities to-day, Consols having receded to 91/ I for
money, and to 911 for the account, owing to
some sales on behalf of the public. The New Threes
are steady at 89! I, the Reduced flat at 891 ;
Exchequer Bills at 6s. to ss. dis., ditto advertised
remain at 2s. dis. to 2s. prem. ; India Stock is at
226 and 228, ditto New Loan at 1011 Z.
Increased dullness has pervaded the Foreign
Stook Market, and prices show no change of im-
portance. Turkish 6 per Cents. are 709 to 71-1 ;
ditto, 1858, 554 61; Mexican are flat at 22/ ; but
Russian 3 per Cents. are firm at 62.
In the Railway 'Share Market the dealers and
speculators have been principally engaged with the
preparations for the liquidation of the account. The
dealings, however, have been limited, and most of
the principal lines have receded about to per
cent, including Eastern Counties, North Western,
South Western, Midlands, Lancashire and York-
shire, and South Easterns.
The Foreign and Colonial lines have continued
dull. South Austrian and Lombardo-Venetian
realise 154 ; and Great Luxemburg 71 ; East
Indian have improved to 101 ; Great Southern of
India is dealt in at 95 ; Scindes at 999, and Ceylon
Guaranteed at 81 ff.
Joint Stock Bank and Miscellaneous Shares
support previous prices. Oriental Bank advanced ss,
Union of Australia, ss. Union of London, Berlin
Water Works, and English and Australian Copper
realised previous prices.

BRITISH FUNDS—ONE O'CLOCK. sto
3 per Cent. Reduced Annuities B9f i eto
3 per Cent. Comels Annuities
New 3 per Cent. Annuities B9l 1 i 1 etc
Annuities, 30 yrs, expire sth Jan., 1880 — etc
Ditto for 30 yrs, expire sth April, 1885 l5l etc
India Stock OO .•
Ditto 6 per Cent
Ditto Enlaced Paper, 4 per Cent
Ditto 5 per Cent.
Console for Account, June 6
Exchequer Bills, £l,OOO, 2d 5 die
Ditto £6OO
Ditto Small et
Ditto Advertised lpm 2 die 2pm 8'

FOREIGN FUNDS—ONE O'CLOCK
Mexican 3 per Cent 22}
Russian 5 per Cent. 1822, £ St • • ---
Ditto 3 per Cent. 1869....
Dividends on the above payable in London.
TWO O'CLOCK.
4.l:Console, Money
Ditto Account 9lf

THE WEATREE.

METEOROLOGICAL REPORTS.

_
This Day, 1
tetween 8 and B. E. 31. D. F. C. I. S.
9 a.m.
—..._. ......
Nairn 30•12 54 49 S.W. 5I 4 c. 2
Aberdeen
Leith. 30'19 55 49 W. 2 4 c. 2
Berwick 3Oll 63 48 W.S.W. 1 1 b. 1
Ardrossan
Portrash
:Shields
•alway 1 30/6 60 -57 W. 1 1 b. 1
Ssarboreugh -130/2 55 51 W. 2 1 b. 2
Liverpool..... 30.22 56 50 1 7, 0. 1
Valentia
\
Queenstown... 3020 54 53 E.N.E. 1 4 b. 1
Yarmouth.... 3017 36 55 E. 4 4 e. 8
London 130.11 13s 52 E. 2 9 r.
Dover 130'66 54 52 E. 7 7 o. 6
Portsmouth 1301)6 58 53 E. 3
Portland I 301/8 54 50 N.E. 3 : rr: 1
4
Plymouth ... 30'07 56 52 N.N.E. 4 7 0.3
J'enzance 1 30.11 57 51 N.E. 1 2 4' e. 3
Jersey ' 29.97 55 53 N.E. 186 1 a 7

EXPLANATION.-B. Barometer, corrected and reduced
to 32 deg at mean sea level ; each 10 feet of vertical rise
causing about 1-100th of an inch diminution, and each 10
deg above 32 deg causing nearly 3-100ths increase. E.
Exposed thermometer in shade. M. Moistened bulb (for
evaporation and dew-point). D. Direction of wind (true—
not magnetic). F. Force (1 to 12—estimated). C. Cloud
(1 to 9). I. Initials :—b , blue sky ; c., clouds (detached) ;
f., fog. • h., hail ; 1., lightning ; m., misty (hazy) ; 0.,
overcast' (dull) ; r., rain ; s., snow • t., thunder. A letter
repeated augments—thus, '
r.r., much rain. S. Sea disturb-
ance (1 to 9).

Some apparently important gold discoveries are
announced M the letters from Halifax, Nova Scotia. The
locality is a place called Tangier, about 30 miles east of
Halifax and within a mile of the Atlantic Coast. Two
persons are alleged to have obtained in three days a quan-
tity that realised £3.5, and according to the belief of some
respectable explorers the mine extends for miles. The
gold is in quartz, and the quality is said to be extremely
pure.

- It appears from the Halifax advices that one of
the Cunard steamers sailed from that port on the 15th of
May with 200 troops, the Adjutant-General, and seven
other officers, for Newfoundland, where there were riots
between Catholics and Protestants, which had already
caused the death of four persons.
The Bank of Belgium have reduced their rate of
discount from 4 per cent., at which it has stood since the
13th of February, to 3 per cent.
The New York letters quote the rate of exchange
10Gi to 1, being a rebound of nearly 3 per cent. from the
low point recently touched. All ordinary branches of
business remained exceedingly dull, but there was much
activity in the various trades connected with the supply of
warlike materials and stores for troops. Failures were nume-
rous among the dry goods jobbers, and it was feared that
baany importing houses would follow.
Advices from Havanna state that financial affairs
in Cuba continue in a very unsatisfactory state, and that
the suspension of the large house of Pedrosa and Co. had
jug boa =mod.