The Sun.
London, England, 1862-03-07 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

The Bank of England return, completed to the
sth March, is of a rather unsatisfactory character.
There is a farther slight falling off in the bullion,
while a considerable decrease is apparent in the
reserve of notes. An addition to some extent has
been made to the other securities, and there is a
large diminution in the private deposits. The sub-
joined table shows the various items and the changes
they present :

Active Circulation
Increase ..
Bullion
Decrease ..
Rest
Increase ..
Public Deposits
Increase ..
Other Deposits..
Decrease ..

.. £20,530,950
483,319
.. 15,673,898
• • 75.167
.. 3,656,299

321,578
▪ 6,755,287
• 992,438
.. 13,737,507
.. 1,202,235
.. 686,296
2,779
▪ 11,210,541
No alteration.
Other Securities ..
.. 18,384,900
Increase 667,479
Notes unemployed .. 8,941,695
Decrease 5)0,754
At the Bank of England yesterday there were no
bullion operations of public itrportance.
The report of the Ottoman Bank recommends a
dividend at the. rate of 10 per cent. per annum.
Three more vessels have been announced from
Australia, viz., the Monarch, with 1:170,350 ; the
Southampton, with £199,500; and the Indemnity,
with £49,788.

Seven Day and other Bills ..

Decrease ..
Government Securities

In the Liverpool Cotton Market yesterday busi-
ness was exceedingly dull, and prices declined
about id per lb. The sales were barely 2,500 bales.
During the last few days there has been rather
less animation exhibited in the Foreign and Colo-
nial Produce markets ; prices, however, have in
same instances shown a buoyant tendency. Sugars
fully maintained previous rates, while high prices
were readily obtained for good and fine descriptions
of coffee and cocoa. Rice has continued in mode-
rate request at steady rates, while a slight advance
has taken place in the value of saltpetre. Tallow
has continued inactive, and quotations for both pre-
sent and forward delivery have shown little varia-
tion of importance.

The following circular was issued this afternoon
by Sir Henry Muggeridge. Meanwhile, the im-
pression is undiminished that the liquidation will
be unfavourable. Sir Henry is stated to have re-
signed to day his position as Alderman. The lia-
bilities of the house are now said to consist of about
£50,000 to unsecured creditors, £50,000 to mort-
gage creditors, and £70,000 to trust creditors, who
it is supposed are but imperfectly secured. For
some little time past questions regarding the latter
have been proceeding in the Court of Chancery :

" 1, Hart-street, Mark lane, C.E., March 6.

" I exceedingly regret to inform you that my firm of H.
and E. Muggeridge has- been obliged to suspend payment.
I have, with the concurrence of the principal creditors,
placed the books of the firm in the hands of Messrs. Cole-
man, Turquand, Youngs, and Co., who will forthwith pre-
,pare a statement of affairs to be laid before the creditors for
their consideration at a meeting, of which:due notice will
be given. In the meanwhile I must ask your kind forbear-
ance.—l am yours faithfully,

" H. MUGGERIDGE."

There has been no fluctuation of importance in
the market for Public Securities to-day, and the
transactions have been limited. Consols have re-
mained at 931 for transfer, and at 931 .1,- for the
account. The New Threes and the Reduced are
steady at 94 92x; Exchequer Bills are 19s. to
22a. prem.; Bank Stock has declined to 240;
India ditto, 225 ; ditto 5 per Cent. 106 k 107 k ;
and the Debentures, 1008.

The dealings in the Foreign Market have been
to an average extent, but prices generally show less
firmness. Turkish 6 per Cents, are 84/ 851 ; ditto,
1858, 71 1 ; Mexican have receded to 341 d ; Ita-
lian to 67f ; Portuguese to 46 ; Spanish are steady
531 ; ditto Passive firm at 191 2 ; and ditto Certi-
ficates are flat at 61 I. The Ottoman (Minis)
Loan is about 65.

In the Railway Share Market the operations
have again been moderately active, and prices have
shown increased buoyancy. Caledonians, Eastern
Counties, Lancashire and Yorkshire, North Wes-
terns, South Westerns, South Easterns, and West
Midlands, advanced 10s. ; North Easterns (Ber-
wick), £1; and Great Westerns, £1 10s.
The Foreign and Colonial lines have been in
moderate request, at about former quotations.
Grand Trunk of Canada and Great Western of
Canada, however, each have improved about ss.
-Joint-Stock Bank and Miscellaneous Shares
have shown rather less firmness. London and West-
minster have declined 10s.; Union of London, 55.;
and Oriental Inland Steam, ss.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stack
3 per Cent. Reduced Annuities 9lk 21
3 per Cent. Consols Annuities
New 3 per Cent. Annuities 9lk 2k
India Stock
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent. 102.1 I
Ditto 5/ per Cent ... los 7a
Ditto Debentures, 4 per Cent., Oct. 1863
Ditto ditto Aug. 1864, or 66 1001 100
Consols for Account, April 10 93a
March. June.
Exchequer Bills, £l,OOO 2d.... 22 19
Ditto £5OO .. 22 19
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent
Ditto 41 per Cent, 1860
.4
Buenos Ayres 6 per Cent
Ditto 1 per Cent. (Deferred 3 per Cent ) 32i
Mexican, 3 per Cent
Ditto Acco int
Portuguese 3 per Cent., 1853
Russian 5 per Cent. 1822, £ St .. 991 k
Ditto 3 per Cent. 1859 .. 61/
Spanish 3 per Cent s3}
Ditto Passive
Spanish Cert. of Coup. not funded
Turkish 6 per Cent. —
Ditto Account
Ditto New Loan
Ditto Account
Ditto £lOO Bonds
Thvidends on the above payable in London.
Italian, 5 per Cent., 1861 671
TWO O'CLOC h .
Consols, Money
Ditto April Account 93t a