The Sun.
London, England, 1861-12-04 00:00:00

-MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

O wing to the commercial engagements due to-
day, the 4th, there has been rather more inquiry for
discount accommodation, but the Money Market
has nevertheless remained in a qaiet and easy
position, owing to the continued abundance of
floating capital.

There were no bullion operations of public im-
portance at the Bank of England yesterday.
The Foreigta Exchanges yesterday afternoon
Were generally rather higher.
Gold is now about 1-10th per cent. dearer in
London than in Paris.

The Magdalena has arrived from the Brazils
with £44,000 in specie.

The dividend warrants on New Granada Bonds
are announced for payment, and the half-year's
interest on the Mantanzas and Sabanilla Railroad
Bonds will be payable on and after the 10th inst.
A call of ss. per share has been made by the
directors of the Taranaki Steel Iron Company to
be paid before the 26th inst.

In the Liverpool Cotton Market yesterday
business was extremely dull, and prices were very
irregular. The sales were barely 2,000 bales.
It transpired yesterday afternoon that Messrs.
Vairhead and Son, seedsmen, had suspended pay-
ment, but the amount of their indebtedness is com-
paratively small.

The Teutonia, which left to-day for New York,
took £6,000 in specie.

The half-yearly meeting of the African Steam
Ship Company has been held to-day—Mr. P. D.
Hadan in the chair. The report, which was adopted,
stated that the amount brought down to the credit
of the revenue account was £7,621, and it was there-
fore agreed that the usual dividend of 7s Od per share,
free of income tax, should be declared for the half-
year ending 31st October, 1861. This payment,
which is at the rate of 7 per cent. per annum, will
absorb £4,816 ; and it was resolved that £2,000 of
the balance should be transferred from the revenue
account to the fund set aside for the purpose of
covering the loss sustained by the sale of the Hope,
in addition to the amount already written off for
that purpose by the directors from the profits of
the half-year.
The market for Public Securities to-day has
been in a very variable state, owing in some mea-
sure to the operation of the settlement which is
now in active progress. At first the quotations
appeared favourable, but upon a pressure of sales a
decline took place. Consols for transfer were 901 I,
then receded to 90:4, at which they now remain.
For the January account they are 901 I. The New
Threes and the Reduced are fiat at 91f 1, Exche-
quer Bills, March, at I3s. prem., ditto June, are
firm at 14s. to 18s. prem., India 5 per Cent. Stock
is 1021.

Foreign Securities have exhibited considerable
fluctuation ; on the whole, however, business has
been dull. Turkish 6 per Cents. are 78 to 79 ;
ditto, 1858, have been dealt in at 69 and 671, and
are now quoted 67 681; Mexican have been 274,
but have since declined to 268 a; Spanish Bonds
have been particularly depressed. the 3 per Cents.
being ful:y 1 per cent. hivver, viz., 50; the De-
ferred have receded to 41.3 42 ; Italian 5 per Cents.
to 874 ; and Venezuelan to 214 22.
In the Railway Share Market increased heaviness
has prevailed, and the dealings have been of a
limited character. Great Westerns, and North
Eastern (Berwick), have declined ss. ; Eastern
Counties, Great Northern, Brighton, South Eastern,
and Midlands, 10s. ; Lancashire and Yorkshire, and
Manchester, Sheffield, and Lincoln, 15s. ; and
Caledonian, £l.

The Foreign and Colonial lines have been heavy.
Sambre and Meuse have declined to 6! I ; and
Great Luxembourg to 81 ; Grand Trunk of
Canada 18i ; East Indian 1001 ; and Great Indian
Peninsula to 991 100.

Joint Stock Bank and Miscellaneous Shares con-
tinue inactive, at barely previous rates. London
Joint Stock realise 331; Australian Agricultural,
271 ; Peel River Lard, 48 to 484; and Peninsular
and Oriental Steam, 70/.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities 9Ol i f i 90 4
3 per Cent. Consols Aikinuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire iith Jan., 1880 —9o ±
i ti i i
Ditto for 30 yrs, expire sth April, 1885 l5l
India Stock
Ditto 5 per Cent.
Ditto Enfaced Pe,per, 4 per Cent —
Ditto 5 per Cent. 97
Ditto 52 per Cent
Ditto Debentures, 4 per Cent., Oct., 1863 98i a
Consols for Account, Dec. 5. 904 i I I 1
.ndia Stock for Account, 5 per Cent
March. '

June.
Exchequer Bills, £l,OOO 2d I 18 14
Ditto £SOO
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
Ditto 41 per Cent, 1860 ..
(;bilian 6 per Cent
Ditto 41 per Cent.
einador New Consolidated
Mexican, 3 per Cent
:Ditto Account
), eruvian 41 per Cent —
I )itto (Uribarren), 41 per Cent.
Russian 5 per Cent. 1822, £ St ..
Ditto 3 per Cent. 1859 .. 59
.-ardinian 5 per Cent.
Spanish 3 per Cent
Ditto Account
hitt° New Deferred —
Ditto Account
Turkish 6 per Cent. —
Ditto Account
Ditto New Loan
Ditto Account
I enezuelan 3 per Cent
Ditto Account
Dividends on the above payable in London.
Dutch 21 per Cent., Exchange 12 Guil.
')itli, Certifie,at6s, 4 Per Cent. ..
Italian, 5 per Cent., 1861
THREE O'CLOCK.
Consols, Money
Ditto Account

THE TRADE OUTRAGE AT SHEFFIELD.