The Sun.
London, England, 1859-08-05 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

During the last few days there has been rather
more animation in the markets for 'Foreign and
Colonial Produce, and, in several instances, higher
rates have been realised. Tea has been in mode-
rate favour at a slight advance. The finer descrip-
tions of British Plantation sugars have also shown
an upward tendency, but in the refined market
there has been less buoyancy, dried goods having
slightly declined. The better qualities of Planta-
tion Ceylon Coffee have been dealt in to a fair
extent at about former values, but easier rates
have been current for the low and inferior descrip-
tions. Cocoa has been in good demand at an
advance of 2s. to 3s. per cwt. In Fruit the deal-
ings, for the time of year, have been exceedingly
active at full values. Rice contindes dull, with
little change to record in prices. For
saltpetre the inquiries in the general market have
not been extensive ; at public sale Bengal qualities
sold at rather lower rates. The public sales of
foreign and colonial wool have proceeded with
much steadiness during the past week, and the rates
established at the commencement of the series have
in all instances been fully supported. The tallow
market continues rather quiet ; little variation,
however, can be noticed in quotations. P.Y.C. on
the spot is at Ms. 9d. to 555.; and last three
months, 555. 9d. per cwt. _ _ _

The Liverpool Cotton Market yesterday closed
heavily, and 8,000 bales were sold at about pre-
vious values. In the Railway Share Market a
better tone was apparent, and prices exhibited an
improvement.
There were no bullion operations at the Bank of
England yesterday. The £43,000 by the Etna has
been taken for the Continent. The demand for
money is rather less active, but no alteration has
taken place in the terms of discount.
It appears that the engagements due yesterday,
the 4th of the month, were met without thcslightest
difficulty. • Trade continues in a very healthy state,
and as ample facilities are now obtainable, failures
are necessarily of rare occurrence.
The meeting of the Madras Railway Company
was held to-day, when a report, showing a very
satisfactory progress in the works, was read and
adopted. The resolution was also agreed to for
converting the 3d extension shares into stock.
The report was adopted.
At the half-yearly meeting of the Great Lux-
embourg Company, to-day, a dividend of ls. per
share was declared. The accounts showed the net
receipts to have exceeded those of the year pre-
ceding by £7,560. The net earnings of the Canal
were £857 18s. 4d. Only a portion of the obliga-
tions sanctioned last meeting had been issued, and
the amount to be derived from the issue of the re-
mainder would be sufficient for the completion of
the extension lines to the Luxembourg and French
frontiers, so that no further capital would be re-
quired. The report was adopted unanimously.
An advance of per cent. has taken place in the
market for English Stocks, and other Securities,
notwithstanding the quietude of business, also tend
upwards. The respective markets are exceed-
ingly inactive, but the position of monetary affairs,
the advices from the Continent, and the improve-
ment in the Paris Bourse are all in favour of prices.
Consols, which closed yesterday at 94-Z 95, are now
95 to 95A-- for money and account. The New Threes
and the Reduced are steady at 951 ; Long An-
nuities at 18 ; and Exchequer Bills at 275. prem. ;
Bank Stock remains at 2221; India ditto at 221 f ;
and thelDebentures, 1858, are 94k.

Business in the Foreign Stock Market is mode-
rately active, and prices continue firm. Turkish 6
per Cents. are 81 to 83 ; ditto New Loan, 71 to 73 ;
Mexican have advanced to 19, Buenos Ayres De-
ferred to 18k, Russian 5 per Cents. to 113, and
Venezuelan New 2i.• per Cents. to 29 1. Dutch 4
per Cents. are steady, at 100, ; and Austrian (1859)
5 per Cents. at 77.
The transactions in the Railway Share Market
have been of an extremely limited character, and
the variations have not been important. North-
Western and North British declined 55., and Great
Westerns 10s. Lancashire and Yorkshire improved
55., and North-Eastern (Berwick) 10s.

In the Foireignandeolonial Markets the dealings
have shown little variation. Lombardo-Venetiau
Old Shares were nominally 101 101, and the New
101. to 101. Great Luxembourg brought 61 to
61. East Indian improved to 981 to 99 ; and
Great Indian Peninsula declined to 96. Grand
Trunk of Canada were at 331 to 331, and Great
Western of Canada New Shares at 91 to 974.
Joint Stock Bank and Miscellaneous Shares
are exceedingly dull, at about previous quotations.
Bank of Australasia, 85 to 851 ; London Char-
tered of Australia, 201 ; Australian Agricultural,
28 to 28; ; and Red Sea Telegraph, 131.

MRITIIII FUNDS THIS DAY AT ONE O'CLOCK.
Bank Stock
3 iper Cent. Reduced Annuities 951 k
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
Long Annuities, expire sth Jan., 1860 —
Ditto for 30 Years, expire sth April, 1885 18
India Stock
Ditto Debentures, 1858 941
l onsols for Account (Aug. 9)
Kxchequer Bills, £l,OOO, lid 27
Ditto £6OO 27
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Austrian Bonds, 5 per Cent —
Ditto 18b9, 6 per Cent.
Buenos Ayres, 6 per Cent ..
Ditto Deferred
Mexican 3 per Cent.
Ditto Account
Russian, 1822, £ St., 5 per Cent ll3
Ditto 41 per Cent.
Turkieh 6 per Cent —
Ditto Account
Ditto New Loan
Ditto Account .. 72/ 2
Venezuelan 5 per Cent.
Ditto New 21 per Cent.
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Cent.
TWO O'CLOCK.
Consols, Money 95 11
Ditto Account