The Sun.
London, England, 1862-12-04 00:00:00

CITY NEWS-THIS DAY.

CITY, TWELVE O'CLOCK.
I.lle directors of the Bank of England have held
their weekly court, and, as anticipated, have sepa-
rated without altering their terms of discount. The
Inquiry for accommodation in the open market has
'nightly incr. ased, owing to the liquidation of the
e°llBol account ; but first-class three months', bills
continue to be negotiated at 21 per cent.
A. capital of £1,000,060 is r,luired for a now
•Lndian Bank, which has been started by a number
of gentlemen connected with this portion of our
empire as directors of its railways or as late in-
fluential members of its government. The under-
taking is entitled the Scinde, Puhjaub, and Delhi
~,
'3!nk Corporation, and the first issue of its capital
/7111 be 25,000 shares of £2O each. The Indus Steam
,
.Jlotilla Company, arid the railways of the pro-
-I.l.nces, have promised their support to the new esta-
aishment, and application has already been made
ro• the vrivilege of circulating the Government
11°\es, and of participating in the other advantages
collteded to hat:ks in India. Conclusive evidence re-
!Wing the increase of trade in the three provinces
1143 it-is proposed t..? establish the new bank is
afford in the prospectus, and there seems no rea-
epn
to doubt that from the riterprise and infiuen-
'lal Position of the :
directors they will eventually
ile:11113.a large and lucrative business for their un-
d rialuct. The project has been received with
favour, ani the shares are d y prem.
be 4 general court of the E..:st India Company will
hell on the 10th inst.
°II the
_l3engal division of the East Indian Rail-
Ivay the traft.o receipts for the week ending the 14th
Sept. amounted to £6,327 against £6,822 in the
corresponding period of 1861. The earnings on the
North West Provinces Division were £2,574
against £2,440 last year.
The last week's railway receipts, ascertained up
to this day, are in round figures is under :

Great Western 1862. 1861.
£51,618 £50,381
orth-`V
b°ll.th-Western
,_'/Ighton
.aticlland
'teat Northern
40,0.34 40,121
17,036 16,232
',reat Northern
"at E 27,663 27,370
1 astern
lillleaaldre and Yorkshire otth,
t_,.. pastern 42 199 41,162
............ ,
ii and and Exeter 5 251 5,303
, ......... ,
`cititilaabhester Sheffield, and Linc01n...... 15,951 16,135
I4ett 111.0 'and Glasgow
t Western of Canada
Thesep returns are, in most instances, satisfactory.
00 'lit Great Western there is an increase of £1,237 ;
IV the North-Western of £2,482 ; on the South-
th esct,eril 13f £292; on the Brighton of £2,091; on
of'3(Aith-Eastern of £BO4 ; on the Great Northern
ti.,293; on the North-Eastern of £1,037 ; and on
h"Jeat Western of Canada 0f.E3,706. The Lan-
-48(1-4.,e and Yorkshire shows a decrease of £241,
411'e Manchester, Sheffield, and Lincoln of .£lB4.

Two o'CLOCIC.
Tiler .
the_ here is not the slightest variation to record. in
4,l3usrket for the English Funds, which continue
tlealit"tt exceedingly inactive, owing to the limited
It frogs at present entered into for the new account.
(1.4 i tnltently happens that an extreme degree of
aie:"" succeeds the liquidation, and at this mo-
etli" there is very little demand for investments to
biainvten. the market. Consols are nevertheless well
the 'lntel at 921.1 for transfer ; and at 921 for
Januaryth, account.
deduced, 92 The New 3 per Cents. and
; Exchequer Bills, 108. prem. ;
Cent
face Stock is flat at 235 and 23671-, ; India 5 per
facveri
1110272. ; and the 53- per Cent.. En-
PorerY little business has taken place in the
ek7gu Market, and prices continue steady.
1041t.-4h 6 per ents 7 1854, are 841 ; ditto, 1858,
t d" ; ditto, New Loan, 701 1; and the Con-
-383 5 Greek Bonds are steady at 167; ;
114. 'aPons6.at 7; Russian New Loan, 93i- t,
tic's Apes 1 per Cents. are heavy at ;
il,ll)tian, 92 ; ditto, 2d issue, 901-, ; Spanish Pas-
ha': 231 ; ditto, Certificates, have receded to 9.
,4411 are firm at 701.
beigl the Railway Share Market the dealings have
410" very restricted, and prices generally have
shires a slight decline. Great Westerns, Lanca-
b_ e and Yorkshire, and London, Chatham, and
Edinburgh
have declined 55., and South Westerns 10s.;
'-'cllnburgh and Glasgow, however, improved £l.
The Foreign lines have remained inactive, at
about previous rates.
In the Colonial Market prices continue steady.
Joint-Stock Bank and Miscellaneous Shares are
a shade flatter in most instances.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock
236 5
3
a Per Cent. Reduced Annuities
'iv 3 per Cent. Annuities 92 2
esth Jan., 1880....--. I
11.uities, 30 yrs, expire
Ditto for 30 yrs, expire sth April, 1885 —
, Ditto (Red Sea Telegraph), Aug. 1908
_213-16
1 '
Dt Ditto:
Debentures ' Enlaced
in pert.
Pa ee Cent.
' cleCnePtn;:tl24.epr: r 4 (313
ee
nr
t C
April,en Oct.,
11886643
122:1 044°012
702:
ik?..2
;
r9c4 ,
Ditto ditto
Ditto fonds f 1.090
itto under £l,OOO
c'llels for Account, Jau. 8 ************** 4 March.
tZfl,
it) --• ''eqUer Bills £l,OOO, 3 per Ct. ..
~,. Ditto £5OO
unto Small
o'CL_OCK.
tra FOREIGN FUNDS—ONE
I)'f'ilian, perr Cent
lit4tt° 41 Cent., 1852-SS-60
/j"°B A-Yres 6 per Cent
011aIN 1 per Cent. (Deferred 3 per Cent.) 17
tlor New Consolidated
92 -
liiP4,tian, 7 per Cent.
161 a a
90&
Qr ;Lo, Second IsPuo
Deils.6 Per Cent.,-1821-5, ex-Coupons • •
7
ki !40 Coupons , %lea., . -
_
bit, -• 4 per Cent
321 a
ht, 'c• Account
"Z. Gronada, 2 per Cent \ltte ex
ove,
il"itt° beferrreddil-
—
e Coups. & Hectares
3Plan 41 per Cent
87
11 Itt° 3 Per Cent
n.,,,i,
..
1);,',4 0 per Cent. 1822 .£ St
93/ i
"") Paid Scrip.... Danish 3i) 111 —
bitto
pa; e.rve Cent
23± i
Pilish Cersti ..`c not funded
841
Ditto G Per Cent. 1854
70! .1
paid-up cerip"!
b , I)!videnllS' on the above payable in London.
tt?' 23/4 Per Cent., Ex. 12 Guil
102
Itmilito 4 per Cent Certificates _ Ditto Account
Cent 1861, Ex. 25f
IN Account 970 i
o°lls, mlOl oney TWO9OI'CILOCIK.
Ditto Account, Jan, 8 ". . .... 92,
'4