The Sun.
London, England, 1862-09-04 00:00:00

MONEY MARKET.

CITY NEWS-YESTERDAY.

It is stated that the Brazilian Government hesi-
tate to grant a charter to the Bank of Brazil re-
cently formed in London, the statues having been
drawn up here instead of in that country.
The advices from Frankfort state that owing to
the abundant harvest in Germany, the corn-markets
continue dull, transactions being limited to imme-
diate requirements. As there was no speculation
and no orders from abroad it was assumed that
prices cannot be maintained. In hops there was
nothing doing, and the inaction would continue
until the gathering, which promises well for the
present, is over_ At the Frankfort fair, nnw in
progress, scarcely any transactions were taking
place, the supply of goods and attendance of buyers
being alike small. The only business of importance
was in worsted goods and cotton goods, where the
sellers did not insist upon prices in conformity with
the present high quotation of the staple. The tele-
gram reporting the sudden end of Garibaldi's
attempt, it is said. fell like a shell among the nume-
rous speculators for a fall at the close of Saturday's
exchange, and in their endeavours to close their
aocounts the excitement was intense. Austrian
funds recovered at once the whole they had lost
since the beginning of the Italian complication, and
exchange on Vienna advanced 2 per cent.—a rise
which has since been fully maintained.
The commercial advices from Buenos Ayres to-
day are generally satisfactory, with the exception
of the announcement of the resignation of the
Finance Minister, Senor de la Riestra, who has
long been regarded with confidence by all persons
interested in the financial welfare of the country,
and especially in England, from the part taken by
him in restoring and maintaining its public credit.
It appears, however, that General Mitre, the Pre-
sident, had refused to accept the resignation, and
that it was thought the difficulty would be got
over. Just before the departure of the mail, a com-
mittee of British merchants waited on Senor Riestra
to request him to remain in the Government. The
step taken by him was in consequence of the re-
fusal of the Legislature to sanction the project of
law for funding the surplus currency of the State,
and giving it stability, and which formed the basis
of all his financial plans for the national admini-
stration. The present packet brings £lO,OOO on
account of interest and sinking fund on the
Buenos Ayres Debt for the second half of the cur-
rent year.

CITY NEWS---THIS DAY.

CITY, TWELVE O'CLOCK.

The Liverpool Cotton Market to-day was very
flat, and lower, owing to the belief that the stock
in Liverpool is much larger than the estimate.
Sales may reach 3,000
There is a steady demand for discount accommo-
dation to-day, butthe applicaticns are smaller than
night have been expected from the demand usually
created by the payments on the 4th of the month.
A telegram has been received from Gibraltar this
morning by the Peninsular and Oriental Steam
Navigation Company, which casts a doubt upon
the reported chasing of the Massilia, in the Bay
of Biscay.

It is expected that the Bank of England return
this evening will show an increase of bullion, the
operations since the date of the last weekly re-
;turn having comprised an influx of £391,000 i❑
gold, while the withdrawals have only amounted
to 30,000 sovereigns.

The last week's railway receipts, ascertained up
to this day, are in round figures as under :

1862. 1861.
Great Western £67,654 £61,372
Great Eastern
Great Northern
North-Western 102,146 95,218
Lancashire and Yorkshire..
Midland47,9s9 43,094
Brighton
South- Western
Routh-Eastern
North Eastern 47,823 47,056
Manchester, Sheffield, and Lincoln 14,805 15,268
Glasgow and South-Western
Grand Trunk of Canada
Great Western of Canada
These returns are in most instances of a very
satisfactory character. On the Great Western
there is an increase of £6,282; Great Eastern,
£1,121 ; Great Northern, /1,845; North-Western,
£6,928; Midland, £4,865; Brighton, £1,388;
South-Western, £5,635 ; South-Eastern, £4,102;
North-Eastern, £772 ; Grand Trunk of Canada,
£1,168 ; and Great Western of Canada, £2,119.
The Laacashire and Yorkshire, however, shows a
decrease of £5,806.

Two o'CLocit.

The English Stock Market opened with a dull
and heavy appearance, and on the pressure of a few
sales a decline of per cent. took place, Consols
then being 93?,- for money, and 931 a for the 8 h
proximo. Buyers, however, have since appeared,
and a recovery to 831 a, and 93- 1 respectively has
ensued. The New threes and Reduced Annuities
are 914 928; Bank Stock, 240 ; Exchequer Bills
19s. to 225. prem. ; and India Bonds 275. to 30s.
Prem. India Stock generally continue firm, deal-
ings having taken place in the 5 per Cent. Stock
at 1006, in the 5 per Ceuta. Enfaced at 104, and in
the 51 per Cents. at 1111.
There has not been much animation in the
Eireign department, and the changes in prices
have not generally been important. Mexican 3
per Cents. are 301, 311, being about the same as at
the close of business yesterday. Turkish 6 per
Cents, are nominally 851 861 ; those of 1858, 681
69 ; and the Scrip of the 1862 loan is 1-1 to 1 die.,
showing very little alteration. The Consolides
have advanced to 34:a 8; Italian 5 per Cents. are
firm at 701 711. Transactions are recorded in
Spanish Pa esive, at 181 8; in the Certificates, at
9,1 4 ; in the Russian paid up Scrip, at 94; and in
Egyptian, at 911.
In the Railway Share Market the dealings have
been limited, and prices have, in some instances,
shown less firmness. Great Westerns, Lancashire
and Yorkshire, North-Westerns, and South-East-
erns have receded ss. ; London and Brighton 10s. ;
and Great Northern A Stock £l. North-Eastern
(Berwick) have improved 55., and Midlands and
Great Easterns 10s.

The Foreign and Colonial undertakings show no
change of importance.

Joint-stock Bank and Miscellaneous Shares con
tinue in moderate favour at about previous quota

Lions.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities . 9l/ 2
3 per Cent. Consols Annuities
New 3 per Cent. Annuities . 9li 2/ 2
Annuities, 30 yrs, expire sth Jan., 1880..
Ditto for 30 yrs, expire sth April, 1855.. 15
India Stock
Ditto 5 per Cent.
!Jiff° Enfaced Paper, 4 per Cent —
Ditto 5 per Cent lO4
Ditto 52 per Cent.
Ditto Debentures, 4 per Cent., Oct., 1863
Ditto ditto Aug. 1864 or 66 101

Thtto Bonds £l.OOO
Ditto under £l,OOO ..
Consols for Account, Oct. 8 . 931 1
Jun 3 March.
Exchequer Bills £l,OOO, 3 per Ct. .... 19 22
Ditto £6OO
Ditto Small ..
FOREIGN FUNDS—CLOSING PRICES.
Egyptian, 7 per Cent., Scrip
Ditto, Second Issue, £2O pd
Italianper Cent.(Nla remmana Railway) 721
M 'xican, 3 per Cent
Ditto Account
Moorish Imperial 5 per Cent
New Grenada, 2 per Cent 261
Peruvian 4i per Cent
Ditto (Uribarren), 41 per Cent.
Portuguese 3 per Cent., 1853 —
Ditto Scrip, £l5 pd..
..
Ditto, Paid up Scrip ..
461
'' nssihn 5 per Cent 1822 £ St
Ditto Paid-up Scrip ...........
...
91 3a
Sardinian 5 per Cent
Spanish 3 per Cent .............
Ditto Passive., •
Spanish Cert. of Coup. not funded ...... ,a : 4
Turkish 6 per Cent. 1854 ..............
Ditto Account ..... ................. 861 6
Litt° 6 per Lent. 1858 ................
1 )4,t, Account
Ditto 6 per Cent., 1862 (Scrip)
Ditto, Paid up Scrip .............. 664 7k 61
Venezuela, 3 per Cent ............
Ditto Account ................• •••
27
thvidends on the above payable in London.
Italian, 5
par Cent.) 1861, E. 25f. ......
Ditto Account
THREE O'CLOCK,
Consols, Money
93t
Ditto Account