The Sun.
London, England, 1862-02-07 00:00:00

Molc' ET MARKET AND CITY NEWS.

CITY, Two o'CLocK.
The return from the Bank of England, completed
to the sth inst., shows some rather unfavourable
features. The Bullion, owing to the demand for
the continent, has been rather largely diminished,
and the Reserve of Notes has also been reduced to
a considerable extent. The Other Securities show
a large increase, while the Private Deposits are
smaller by over half a million. The various items
of the balance-sheet, and the changes they present
are shown in the subjoined table
Active Circulation ..
Increase
Bullion .
Decrease
Pest

.. £20,734,655
263,470
15,956,903
323,466
•• 3,395,343
Increase 106,443
..
Public Deposits 5,788,441
Increase .. 35,378
Other Deposits.. 14,179,917
Decrease .. 571,569
Seven Day and other Bills .. .. 692,899
Decrease .. 19,292
Government Securities .. 11,301,802
Decrease .. .. • • • . 266,816
Other Securities .. • . 17,435,500
Increase 404,712
Notes unemployed
.. 9,030,425
Decrease • • .• • • .• 532,640
During the last few days the operations in the
Foreign and Colonial Produce Markets have been
of an extremely limited character. Tea, however,
has maintained previous prices. Coffee, cocoa, and
rice, have slightly declined, while sugars have sold
slowly at reduced quotations. In fruit and spices
the dealings have been extremely limited, without
any change of importance to record in prices. Salt-
petre and tallow have been in very limited request,
and for the latter article prices have shown a down-
ward tendency for both present and forward
delivery.
At the adjourned meeting of the creditors of Mr.
P. Meyer, trading as Agleby and Co., oil mer-
chants, of Lambeth, it was unanimously resolved to
permit Mr. Meyer, under a committee of inspection,
to realise a dividend of 12s. in the pound in March, a
second instalment of 3s. in July, and a further sum
of 2s. at a future day, making together 17s. in
the pound.

The subjoined remarks upon the market for
American Securities, are from the circular of
Messrs. D. Bell, Son, and Company :—" During the
Past week there has been an active demand for
American Securities. The Federal and State
Stocks remain at about previous quotations, whilst
the first Mort,gage Railroad Bonds have been
much inquired for, and prices have generally ad-
vanced.

Business in the Liverpool Cotton Market yeater-
daY continued quiet, and prices remained steady.
The
sales were estimated at 7,000 bales.
Another small parcel of gold, viz., £7,000, was
withdrawn from the Bank of England yesterday.
The Bank of France has reduced its rate of dis-
count from 4f to 4 per cent.
At the half-yearly meeting of the Peel River
Land and Mineral Company, held to-day, the direc-
tors' report, which has already been published, was
unanimously adopted.
The half-yearly meeting of the Mediterranean
octension Telegraph Company took place to-day. The
directors regretted that they were not in a position to
recommend a dividend on the original shares, but
the usual one in the Preference Shares was de-
clared.

The market for Public Securities opened this
morning with a quiet appearance, and very little
bu •
siness has been transacted except in connection
'with the settlement; Consols, however, have con-
tinued firm at 921 -1 for transfer, and 921 93 for the
account. The New Threes and the Reduced have
advanced to 921 931 ; Exchequer Bills, March, 12e.
to 15s. prem. ; ditto, June, 13s. to 17s. prem. ;
Bank Stock is 240 and 242; and India 5 per Cent.,
1061 1.

The transactions in the Foreign Market have
been rather more numerous, and prices show no
important variation. Turkish 6 per Cents. are 841
85, ditto, 1858, 751 76; Mexican is firm at 34,1 35 ;
Spanish Deferred are 431 ; ditto Passive, 191- d ;
ditto Certificates, 92 ; Italian 5 per Cents. are 661
and 671 ; and Venezuelan 251 I. The Moorish
Scrip is 5 prem.
Business in the Railway Share Market has con-
tinuca active, and prices have in most in-
stances shown increased buoyancy. Eastern
Counties and North Eastern (Berwick) have im-
proved 55.; Lancashire and Yorkshire, Brighton,
Midland, and North Western, 10s.; South Wes-
terns X 1; and Great Northerns £2.
The Foreign and Colonial lines have been less
active. Bahia and San Francisco realise 151 ;
Grand Trunk of Canada haVe improved to 24i t
and Great Western of Canada to 12i Z.
Joint Stock Bank and Miscellaneous Shares sup-
port previous quotations.

hank Sto BRITISH FUNDS—ONE O'CLOCK.
..... • • •
3
, per Cent. Reduced' 240 2
Annuities 93 21 3/
I`)Per Cent. Consols Annuities - 3} ,
4dia Stock
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent. lOl/
Ditto 5} per Cent lO7l
11 Bonds i:1,000
Consols for Account, March 6... 92i 34
India Stock for Account, 5 per Cent
March. Jung.
exchequer Bills, £l,OOO 2d.... 12 16 17 13
%i Ditto £5OO ..
tto Small ..
FOREIGN FUNDS—ONE O'CLOCK.
Buenos Ayres 6 per Cent
~„ Ditto Account
yluador New Consolidated
.I`l6xican, 3 per Cent
Ditto Aceouit
Grenada Active
, Ditto Deferred
vortuguese 3 per Cent., 1853.
~ Ditto Account
cotisols, None TWO O'CLOCK.
y 92/ i
Account .. 924 3