The Sun.
London, England, 1862-08-28 00:00:00

MONEY MARKET.

.~---- e-

CITY NEWS—YESTERDAY.
Some of the bullion lately remitted from England
to Constantinople, in connection with the last
Turkish loan, is now finding its way back, the
exchanges being still adverse to Turkey. About
£lOO,OOO in silver has arrived in Paris, and will
be sent here when required for transmission to
India. Further amounts are expected in France
from Constantinople. The total in silver des-
patched some months ago from England to Turkey
on account of the loan was about £1,000,000.
There were no gold operations at the Bank to-
day. The total taken there since the date of the
last weekly return is 1244,000, and about 150,000
or 200,000 s ivereigns have within the same period
been withdrawn for Turkey.

A further call of £2, making £lB paid, is to be
paid on the shares in the London and South
African Bank by the 26th Sept.
The London and North-Western Railway traffic
return shows this week an increase of £8,480, and
the Lancashire and Yorkshire a decrease of £6,600.

It has been announced by Messrs. Baring
Brothers and Co. that they have been instructed, in
paying the current dividend on the sterling bonds
of the Michigan Central Railway, to deduct the
income-tax of 3 per cent. lately imposed in America
by the Washington Government. This proceeding
on the part of the Company seems wholly in-
equitable, if not illegal, and should the precedent
be followed, as will most likely be the case, in
other American bonds of oimilar character, it will
add greatly to the distrust in which the securities
of that country are held.

Mexican dollars being scarce, pending the arrival
of the Mexican packet, some amount by the Queen
of the Exe and other vessels has to •day been disposed
of for China at 611 d. per oz. The price has fluc-
tuated during the past few weeks between 61d.
ands 62d.

CITY NEWS-THIS DA-Y.

CITY, TWELVE O'CLOCK.

An active demand for discount accommodation is
still experienced both at the Bank of England and
in the general market, and full rates are required
for the negotiation of the best bills.
The Tagus, for Lisbon, has taken out 28,000
sovereigns.

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

1862.
Great Western £67,140
N orth-Western
South- Western

1861.
59,851
93,5b5
23,232

. -- •
Brighton
Midland 45,842
South-Eastern
Great Northern
Lancashire and Yorkshire 37,735
Bristol and Exeter 7,431
North Eastern 48,102
Great Eastern

24,353
42,209
27,284
27,674
44,201
7,095
46,015
28,990

ilanchester, Sheffield, and Lincoln 14,735
Great Southern and Western of Ireland 8,840
Great 'Western of Canada

15,115
8,914
7,054

These returns, with one or two exceptions, are of
a very favourable character. On the Great
Northern there is an increase of £4,617; on the
Great Western, £7,289 ; on the North-Western,
£8,480 ; on the South-Western, £5,311 ; on the
South-Eastern, £1,230; on the Brighton, £252;
on the Midland, £3,633; on the North-Eastern,
£2,087; on the Great Eastern, £627; and the Great
Western of Canada, £2,213 ; the Lancashire and
Yorkshire, however, shows a decrease of £6,466;
and the Manchester, Sheffield, and Lincoln, £3BO.

Two o'CLoCK.

The half-yearly meeting of the Oriental Inland
Ste am Company was held to-day, Colonel Grimes
in the chair. The chairman stated that the ope-
rations of the company were highly satisfactory;
all their vessels Were fully employed, and the
directors entertained the hope that at the next
meeting they would be in a position to declare a
dividend of not less than 5 per cent. The report
was unanimously adopted, and the meeting accorded
the it thanks to the directors, whose efforts they
highly eulogised.
At the half-yearly meeting of the Victoria (Lon-
don) Dock Company also held to-day—Mr. C, Mor-
riso ❑ in the chair—the report submitted showed
that during the six months ending June last, 2,547
ships, measuring 552,264 tons, entered the Vietoria
Docks, exhibiting an increase of 72 ships and 67,110
tons;, as compared with the same period in 1861.
The directors, at the invitation of the Fire Insur-
ance Companies, bad consented to make certain im-
provements in their warehouses to increase their
security from fire, the cost of which would not ex-
ceed £lO,OOO. The report was unanimously adopted,
and a vote of thanks tendered to the chairman and
directors.

The English Funds opened this morning at the
depreciated quotations of yesterday, but a few pur-
chases have caused an improvement of 4- !?e r cent.,
and a rather better feeling seems to prevail. Con-
sols for money and the 4th proximo have been
93 it, but are now 934 1. The New Threes and the
Reduced remain at 93 a ; Exchequer Bills, at 18s.
to 21s. prem; Bank Stock has improved to 239 i 241;
India 5 per Cents. are steady at IbBZ
Foreign Securities are rather depressed, and the
dealings are moderate. Turkish 6 per Cents, are
84 85 ; ditto, 1858, 701 711 ; ditto, New Loan Scrip,
21 2 dis. ; and the Consolides are 321 33. Bra-
zilian 5 per Cents. have receded to 100 and 101.
Egyptian Scrip, 2d issue, 101 prem. Mexican is
flat at 282 29. Portuguese Scrip 2i a prem., and
Italian 5 per Cents. have receded to 668 67k.

In the Railway Share Market the chief dealings
have been in connection with the liquidation, and
owing to a rather large supply of stock, prices have
shown increased heaviness. Great Northern and
South Eastern have declined ss. ; Caledonian, North
Western, and North British, ; Lancashire and
Yorkshire, 155., and Great Western, Ll.

The Foreign and Colonial lines are also flat,
Recife and San Francisco being dealt in at
18t, ; south Austrian and Lombardo-Venetian
have declined to 21.7- I; Great Western of Canada
realise 12 7-; Grand Trunk of Canada, 21-1- ; and
Great Indian Peninsula, 1021.

Joint-stock Bank and Miscellaneous Shares re-
main at steady rates. Bank of Australia realise
70-1; London Joint Stock, 34; London and South
Atrican, 191 a ; Ottoman Bank, 28i; Crystal Pa-
lace Debentures, 1101 ; and Van Dieman's Land,
121.

BRITISH FUNDS--ONE O'CLOCK.
Bank Stock
3 per Cent. Reduced Annuities ~ ...
3 per Cent. Consols Annuities
New 3 per Cent. Annuities s-'3 1 3
Red Sea Telegraph, 1908
India Stock
Ditto b per Cent 1033/4 1
Ditto Enfaced Paper, 4 per Cent.....,
Ditto 5 per Cent ............ 104/ 31
Consols for Account, Sept. 4 ............. 9311
Exchequer Bills £l,OOO, 3 per Cent .... 21 18
I,itto Small
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian, 5 per Cent lOl
Ditto, 1839 and 1859
Egyptian, 7 per Cent., Scrip
Ditto, Second Issue, £2O pd
Ditto Paid-up Scrip
Mexican, 3 per Cent
Portuguese 3 per Cent., 1853 46
Ditto Small ............
Ditto Scrip, £lO pd .... 23/4 i
'lllB'34n 5 per Cent 1822 £ St —
Ditto 5 per Cent., 1862 (Scrip)
Spartan 3 per Cent ........... 514 4
Ditto New Deferred ................ ~. 443/4
Ditto Passive.. . ............... ~ . ... 181
Spanish Cert. of Coup. not funded ...... 9a 4
T irkish 6 per Cent. 1854 .............. ----
Li;Ditto 6 per Cent. 1858
....... ..
Ditty Account ....
Ditto 6 per Cent., 1862, Scrip, £4O pd 2i„ 2_i

Ditto, Paid up SCrip:::. LP' 654 6-51
Venezuela, 3 per Cent 25
Ditto Account
thvidends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. 25t..
Ditto Account ..... ~ .. ..
. 'l' WO ti'C .1.,,K),
Con,ols, Money .......... 94 k
Ditto Account -.. .................... 93i .i,

PRICES OF ARTICLES AT RICHMOND.—A letter
dated Richmond, August 3, says ''' There is a great deal
of suffiring here. C6ffee sells at 3 dole Per lb ; tea, 7 dols ;
brown sugar, 75c per lb ; eggs, 1 dol per dozen ; milk, 1 dol
per gallon ; calico, 75c per yard ; linen, 2 dols per yard ;
hats 14 dols ; boots, 25 to 40 dols per pair; shoes,
15 dols;
salt, 12c per lb ; flour, 13 dols per brl ; butter, 1 dol per lb ;
writing paper, 30 dols per ream ; potatoes, 6 dols per bush;
any kind of coat, 50 to 75 &is; pants, 25. About 600,000
persons more here than before the war. No prospect of an
end. They will fight to the bitter end—to the last Inen.
Tobacco crop a failure—prices have advanced 200 to 100
per cent."