The Sun.
London, England, 1862-12-10 00:00:00

ti•oveas

'MONEY MARKET.

CITY NEWS—YESTERDAY.
The remittances of specie to India will for the
moment be slightly checked by the detention of
the mail which should have been brought by the
Wrecked vessel Colombo, and which, doubtless, con-
tained the usual amount. of orders and draughts.
The expectation of a second issue of £500,000 in
bills by the India Council this month likewise
limits the demand. It is said, however, that the
French steamer from Marseilles at the end of the
Week will take out nearly a million, English as
well as French shippers being led to prefer the
French vessels from their lower charge for freight.
The Peninsular and Oriental Company lately re-
duced. their charge to meet the French competi-
tio
n, but have since announced a return to their old
oldterms.

a There was generally a more active demand to-
-37 for money, and the applications at the Bank
:ere rather numerous from the circumstance that
re 600,000 bills on India allotted on Wednesday
tsl-' had to be paid for this afternoon. In the Stock
ehanges advances were in request at 2 per cent.,
'll5O of a half per cent. from yesterday.

CITY NEWS---THIS DAY.
CITY, TWELVE O'CLOCK.
rn A slight increase is reported in the general de-
nd for discount accommodation, and the market
aPPears a little firmer.
On the
v Bengal division of the East Indian Rail-
the traffic receipts for the week ending the
2"Bt September amounted to £6,757, against £6,636
et the corresponding period in 1861. The earnings
" the North-West Provinces division were £2,542,
an
£3,007 last year.
;rho progress of the tea trade is thus reviewed in
`e6'sys. Layton, Hulbert, and Co.'s circular
" The p
circosition of our market, as far as black tea is con-
.ettled, has not materially altered since the date of our last
ular. Green teas, however, owing to great pressure
to realise unreservedly, have given way considerably in
4111 e, more especially common to fair Shanghai, Japan
acCanton Young Hyson, of which a large supply is at
rket ; these show a fall of full 3d per lb on previously
knarinal values ; in other respects there is no new feature,
,excepting an increased desire to quit old parcels of common
medium black-leaf sorts, which have cheapened to the
extent of ld per lb. on sales of a month back. The position
b°f liaishows and its prospects continue as encouraging as
efore, and we notice an increased disposition to buy Mon-
gs and Woopacks, say from is lld to 2s Id, and prices
vithin that range show rather more favourably for im-
Porters than they did at date of our last, Common black-
leaf kinds range from is Id to Is 3d, medium to fair or Pekoe
kind from is 3d to is 6d per lb, but are difficult to sell at
:rotations. Low Tayshans are worth lOid to lld per lb;
11qY and broken-leaf Congou is saleable at 8d to 9d
Per lb, preferable with some leaf 10d to 11d, while good
common may be quoted at is to is Old per lb ; common red
leaf kinds are in demand at is ld to is 2d per lb; fair with
13:rue flavour at is 3d to Is 7d, qualities from is 8d upwards
unchanged,
as scarce as before ; Souchongs and Oolongs arc
I,l4ll4_llged• We have again to advise lower prices for
teas "Y Pekoe, with very little export demand. Scented
r ' O ing to the liberality of supply, are saleable only at
th_llced values. Greens have been much pressed of late ;
Principal downfall is in Young Hysons."

Two O'CLOCK.
litiTahe Liverpool cotton market to-day was brisk,
A PrieeS firm ; sales about 20,000 bates.
the general meeting to-day of the proprietors of
thw Sortridge Consols Mine, Mr. M'Cannan in the
1, aiire. ) it was resolved to make a call of le. per
"
The
market for the English Funds has con-
-131":c ot quiet, and the few dealings that have taken
prie e have not produced the slightest movement in
for j.es, Consols being 92 for transfer, and 923 f,
du,,,,,,ntl'rY- The New 3 per Cents. and the Re-
are steady at 914 924 ; Exchequer Bills are
8. to
and los.
prere ; Bank Stock has declined to 234;
, India 5 per *Cent. Loan is 107-Z being firm.
.(11 the Foreign Market business has been dull,
a" Priees continue heavy. Turkish 6 per Cents.,
L 54, are 831 844 ; ditto, 1858, at 704; the New
ran, 701 71g , and the Consolldes, 381 ; Greek
ends are flat at 15/ 16; ditto Coupons, 64- ;
°lexicon Stock has receded to 31; Spanish Certifi-
Ntes to 8a; Portuguese Scrip is steady at 3.1- prena ;
alld Buenos Ayres have advanced to 94.
In the Railway Share Market the dealings have
beent very limited, but prices have shown a firmer
B°4°. Caledonians, North Westerns, aad South
4terns have improved 55., and London and
lii°ltue £1 10s., Midlands have declined 55., and
°4ll British £l.
do the Foreign and Colonial Markets the varia-
s were unimportant. South Austrian and Lom-
totttia,°:Venetian have improved to 231, and Ottoman
121:4. Great Western of Canada were flat at
and Eastern Bengals brought 1061 ; Bombay
106:14reda, 1042. I; and Great Indian Peninsula,
01. n,
Stock Bank 0-nd Miscellaneous Shares gene-
vat),e—d. a'ntained previous rates. City Bank ad-
eli pa t° 91, Peninsular and Oriental Steam de-
t° 'f4,'
1311-

4ank s 4ITISII FUNDS—CLOSING PRICES.
3 r,.. took
231
.-..1, oc_, • ...
Per 0 '''• Reduced Annuities
tz, era.
92/ 2 1 2
a? 3,_ _ Consols Annuities
" r uent. Annuities 02/ 1/
biZ 21 Per Cent• Annuities ..
nit Stock
ittc,
Ditto
,Per Cent .
bitto 'ilfeced Paper, 4 per Cent _
bitto per Cent
i)ittc h-/,_Per Cent.
' -enentures. 4 per Cent., Oct., 1863 100/
Tlitt2litto
ditto April, 1864 1001
bittonciFt Rl,OOO
Ice.101:411€1er £1,000
b ' 'l3l' Account, Jan. 8 92±
.....k„,.
Jun,. March
s-ue
tier Bills £l,OOO, 3 per Ct. .. 10 10 7
titt itt 6
£5OO ° Sr.aall
6
)3 POI-tD,
'''''ili --4,AGN FUNDS—CLOSING PRICES.
ittitt,"l,, 5 per Cent.
~etio; 'AI Per Cent., 1852-58-60
tiqPt* -'3"res 6 per Cent
''eek'ati' 7 '
A Per Cent.
bitter Cent '824-5 ex-Coupons .. 16/ 15
14eVe,i5, ollpons" ^ ' 6l it
ilti-, coet:C.'
I; t, .", Aunt ent
31± 1
I,bit(or"eda, 2 pe.; bent —
°,rtnt..„ 1 ever-due Coups. & Hectares
Ditto e.se 3 per Cent.,-181,3
Ditto 41.Ccount
48
i4bittZ u,Pel Cent., 1862
411P,..,„',.erip, £2O pd
Dittk;",') Per Cent 1822 £St
Ditto `6.1 Per Cent. 1862 .
93a 1
"Pstuo, ,Per Cent.,1862, Scrip, £47 pd.
bittn`',' Per Cent
Ditto "iieoluat - . 55
,b!tt.,o Ayeopinetferred --
46f 1
kul t. re Pasßive
1'7".1,'41 Cert hi' 1-;" ••• • •
-r.,ish e ' -oup not funded
bit- ' Per Ce t • '
Per C n 1854
Otto A ent. 1858
.. itto e_eennt .
70 1 70
bitto,t,4'loo Bonds
bittr, ,u Per Cent 1862 £6O pd 2l Pm
Oitt"„ 4",i,ithltp Scrip" ' Scrip,
701 1 701 1/
'enezi; '-'', narazteed, 4 per Cent.
4)itt ee, 3Per Cent.
° /A- Per Cem , 1862 (Scrip), £43 paid 21 dis
tletria:"vidends.on the above payable in London.
ettikz,"2 6 per Cent., Ex. 10 florins s°'
1
Co 4i per Cent., Ex. 25f.
t,,111, ikiones '7. HREE O'CLOCK.
Itt4
4,t,
c'°°':
uit Jan. 8 92/ /