The Sun.
London, England, 1862-09-05 00:00:00

MONEY- M ARKET.

CITY NEWS-'YEiTERDAY.

A general meeting of the Scinde Railway Com-
pany is cilled for the 25th September.
The shares of the London, Buenos Ayres, and
River Plate Bank were allotted to•day. The ap-
plications are stated to be of a very good class, and
a beneficial effect is likely to be exercised upon the
company's business.
The Indian Branch Railway Company (Limited)
have received advices from Mr. Wilson, the engi-
neer in chief, in which he states that the works are
progressing rapidly, that the line from Nulhatee,
on the East Indian Railway, to Moorshedabad,
about 27 miles, will be open for traffic in January
next, and that unquestionably the line will be com-
pleted within the estimate.
Of the total of £1,000,000 sterling in silver de-
spatched from this country some time ago to Con-
stantinople on account of the Turkish Loan, not
more than £400,000 has yet reached Paris, the
amount mentioned a few days ago.
The attention of the trade is directed to a consi-
derable rise in the price of jute, occasioned, ap-
parently, by orders from America.
Advices from Madrid affirm that the government
officers are preparing a bill to be presented to the
Cortes immediately on their assembling, settling
the question of the Passive Debt in a manner
which, it is stated, " cannot fail to give satisfaction
to the holders, and show that the government are
not incapable of liberal measures regarding their
credit() osterior.' " The object probably is to
remove the objections made against the govern-
ment for having so large an amount of money in
hand which ought to be invested in the purchase
of the Passive Bonds.

CITY NEWS---THIS DAY.

CITY, TWELVE O'CLOCK.

Some of the alterations in the Bank of England
return for the week ending Wednesday are impor-
tant, but they were full expected, owing to the
'usual increase of circulation at this period of the
year, and the necessary preparations for the monthly
liquidation of mercantile accounts. There is an
increase in the bullion, but it is small in comparison
with the influx of gold during the week over which
the balance-sheet extends, but thia is accounted for
by the augmented demand for coin in connection with
harvest operations. The reserve of notes, partly
for the same reason, exhibits a diminution. The
discount operations of the establishment have been
temporarily enlarged, but it may be concluded that
a large number of the securities held by the autho-
rities when the return was completed have since
arrived at mat arity, and the next statement may
consEquently show a contrary movement. Sub-
joined is our usual analysis :
Active Circulation .• • •
Increase .. • .
Bullion .. .• • •
Increase ..
Best •• •• •• .•
Increase .. • •
Public Deposits .• • •
Increase .• • • • •
Other Deposits.. • • • •
Increase ..
Seven Day and other Bills ..
Increase ..
Government Securities
Increase
Other Securities
Increase

.. £21,509,295
.. 253,470
.. 17,82.5,220
.. 146,522
.. 3,639,646
.. 308,431
.. 7,671,934
.. 163,052
.. 14,972,470
.. 108,464
.. 839,623
• • 15,558
.. 11,069,942
• • 33,845
. 19,641,806
:. 668,608

Notes Unemployed ..
Decrease .. ..

. 10,152,420
:. 109,640

The Bavaria has arrived from New York with
£24,440 in specie.

The receipts on the Ottoman Railway (40 miles
open) for the week ending the 24th nit. are £176
larger than in 1861, when, however, only 27 miles
were open.

The traffic returns of the French railways for the
last week show a falling off of £3,103 on the new
lines of the Orleans, but an augmentation of £2,636
on the old ; an increase of £3,417 on the Midi;
and of £1,841 on the Ardennes.

The operations in the Foreign and Colonial Pro-
duce Markets during the last few days have not
been very extensive. Sugars have sold slowly, and
only the finer descriptions have supported previous
prices. Coffee has been dull without material change
in quotations. Tea at public sale has realised for-
mer rates, while rice, fruit, and spices have been
in moderate request, and in some instances at a
slight advance. For tallow there has been a more
active demand, and late quotations are well main-
tained for both present and future delivery. P.Y.C.
on the spot is quoted 485., and spring delivery
495. 9d. per cwt.

Two o'CLocK.

The English Stock Maiket has remained ex-
ceedingly dull, the quotations being almost nominal.
Consols are 93; for money, and 932 d for the
account. There is an absence of speculation, and
only limited operations for bona fide transfer ;
affairs, consequently, present an extreme degree of
inactivity. The New threes are marked 91; 92 ;
the Reduced, 91; 92-} ; and a bargain is recorded
in the 21 per Cents. at 7637. India 5 per Cents. are
firm, at 1092; the 4 per Cent. Debentures are
100 k NU; and the Exchequer Bills, June, remain
at 19s. to 225. prem.
The movements,in the Foreign Market are equally
uninteresting. Two or three bargains have taken
place in Egyptian, at 91 for the first issue, and at
7 prem. for the second. Turkish 6 per Cents., 1854,
are nominally 85 86 ; those of 1858 are 684 t, and
the New Loan 1 dis. ; Italian 5 per Cents. are
tolerably steady at 70i 71-1. The Peruvian Scrip,
*which was so buoyant yesterday, and closed
dis. to par, is now dis. The Por-
tuguese and Venezuelan Loans remain unchanged.
Dealings are recorded in Equador New Consolidated
at 17k ; in Russian 41 per Cents. at 9(12 91, and in
the paid up Scrip at 94—the other portion, with
£23 10s. subscribed, being steady ; Spanish 3 per
Cents. Deferred are firm at 444 4 ; Passive have
risen a per cent., namely, to 19k ; and the Certi-
ficates have also been buoyant at 91 4 ; Dutch 4 per
Cents. are quoted 1034.
Business in the Railway Share Market continues
very dull, and a slight decline has taken place in
one or two of the principal undertakings. Great
Westerns and London, Chatham, and Dover have ,
receded ss. ; Great Eastern) 10s.; and Great
Northerns, 15s. ; London and Brighton, however,
have advanced 10s. ; and Midlands, South Westerns.
and South Easterns remain at about previous rates.
The Foreign and Colonial lines have been exceed-
ingly inactive, without any material change in quo-
tations. South Austrian and Lombardo-Venetian
realise 221 ; Grand Trunk of Canada, 21; and Great
Indian Peninsula, 103.

Joint-stock Bank and Miscellaneous Shares are
a shade firmer, Union of London realise 319 ;
London and South African, 201; Alliance of Lon-
don and Liverpool, lli; Electric Telegraph, 104 ;
and Crystal Palace Stock, 35.

BRITISH FUNDS—ONE O'CLOCK.
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
New `?,4 per Cent. Annuities 761
India Stock

Ditto 5 per Cent
Ditto Debentures, 4 per Cent., Oct., 1863 1001
Ditto ditto April, 1864 1011
Ditto ditto Aug. 1864 or 66 101
Consols for Account, Oct. 8 . 93f
.

June.
Exchequer Bills £l,OOO, 3 per Ct, , 22
Ditto £5OO
ditto Small

March.

FOREIGN FUNDS—ONE O'CLO7;K.
Ecluad°l' New Consolidated
Egyptian, 7 . 171
Per Cent
Ditto,_ Second Ispue", Scrip ..
' 791
Italian 5 perCenet.lNlt aremmana Railway) 721
Moxican, 3 per
Ditto Account
Perurrian 41 per Cent,,, 301
Ditto New, 1862, A Sep.: ......
cr
sin 5 per Cent 1822 St r •••• 4 u 4
Ditto 4t,- per Cent ..........
Ditto 5 per Cent., 1862, Scrip, £2310s
. . 91 90f
d
Ditto Paid-up Scrip ........... 64
Spy ash 3 per Cent
Ditto New Deferred ..........
Ditto Account ................... 441
'Ditto Passive.. , ...... . .............. 194
SpAriish Cert. of Coup. not, funded ...... 9t-a4l
Turkish 6 per Cent. 1854
Ditto 6 per Cent. 1858
IThuk, Account
Ditto 6 per Cent., 1862 (Scrip)
Ditto, Paid up Scrip.
Dividends on the above Payable in Loucon.
Dutch 2i- per Cent , Exchange 12 Gra . •
Ital)iiiatnt`: 5.('-ertificates., 4 per Cent.
per Cent., 1861, Ex. 25f.
TWO O'CLOCK.
Consols, Money
Ditto Account l9lll 931 1