The Sun.
London, England, 1862-08-05 00:00:00

CITY NEWS-YESTERDAY.

It is said that the letters of regret and letters of
allotment of the new Venezuelan Loan will be
issued by Messrs. Baring Brothers and Co. in the
course of a couple of days.

Messrs. Heywood, Kennards, and Co., have issued
a notification, addressed to those holders of Peru-
vian Bonds wbo have not made application for the
new loan reminding them that, until further notice,
they may exchange them for the new bonds on
terms designated.
We understand that 300,000 sovereigns will go
from the Bank of England on Wednesday for Con-
stantinople.
The Mareo Polo has arrived from Melbourne
with £43,000 in gold, and the Europa, from Boston,
with £21,000. The Magdalena, from Brazil, has ar-
rived at Lisbon, but has only £1,339 in specie.
In the Liverpool cotton market to-day higher
prices were again quoted for American and Brazilian
descriptions. The transactions comprised 10,000
bales.

The South-Eastern Railway traffic return shows
this week an increase of £3,642, and the Brighton
an increase of £2,099.
The committee of the Stock Exchange have ap-
pointed Friday, the Bth inst., a special setting day
in the new £2O shares of the Ottoman Bank, which
are to be officially marked. The quotation to-day
was 2* to 2t prem.

A very important undertaking has just been
mar ouneed nude:, the title of the :Moldavian
RP.ilways, the prospectus of which will be found
in our advertising columns. The company is brought
out under the most influential auspices, and such as
to inspire the greatest confidence. The capital re-
quired is £2,440,000, in shares of £2O each, and
£1,000,000 in Debenture Bonds, with interest
at 6 per cent. during the construction. A mini-
mum dividend of 6 per cent. is guaranteed on
the entire capital by the Governments of the
United Principalities of Wallachia and Moldavia,

Payable as each section is opened. The lines
are to be made from Galatz to the North-Western
frontier of Moldavia to Jassy, and to the salt
mines at Okna. £1 per share is to accompany
application's, £5 is required on allotment, £5 on
the Ist of February, 1863, £2 on the Ist of August,
1864, £2 on the Ist of February, 1865, £2 on the
Ist of August, 1865, £2 on the Ist of February,
1866, and £2 on the let of February, 1867.
The line enjoys the highest local traffic prospects,
particularly as regards the transport of cereals and
other produce, but has a more general interest from
its forming part of a grand and independent route
from England to Galatz, Odessa, Constantinople,
Trebizond, and Alexandria, on the road to India,
China, and Australia. The agents for the com-
Pany are the Ottoman Bank, and the contractors
are Messrs. Brassey, Peto, alld Betts.

CITY, NEWS---THIS DAY.

TWELVE O'CLOCK.

During the last few (Lys there has been rather
less animation in the Foreign and Colonial Pro-
duce Markets. Tea hascontinued at about previous
prices. Sugars in some instances have been rather
dearer, and in the refined market, owing to an in•
creased demand, there has been an upward move-
ment in quotations. Coffee has been in fair re-
quest, at high rates; but only limited transactions
have been reported in rice, fruit, and spices, and no
Material change has occurred in values. The ope-
rations in saltpetre have been limited, at about
previous quotations. The public sales of colonial wool
have proceeded with considerable animation, and
the prices established at the commencement of the
series have, with one or two exceptions, been well
maintained. The Tallow Market, however, has
been dull. P.Y.C. on the spot is quoted 495. ; and
last three months, 50s. per cwt.
An instalment of 15 per cent. becomes due on
the loth inst., on the Egyptian Loan of L 1,811,040.
Very little alteration- is perceptible from day to
day in the general condition of the money market.
Sometimes the inquiry is slightly augmented, but
it continues much below the average, owing to the
extreme quietude which prevails in some depart-
ments of trade. The rates also remain in a steady
position, the lowest charge in ordinary discount
channels being fully s per cent. under the mini-
mum of the:Bank of England, where very little
business is consequently negotiated in commercial
bills. In the Stock Exchange also money is super-
abundant, and merely nominal rates are asked for
temporary advances on Government Stocks.

The committee of the Stock Exchange have
appointed Friday next for a special settlement in
the new £2O shares of the Ottoman Bank, and
dealings in them are to be officially recorded.
There is an increase of £3,642 in the traffic re-
ceipts of the South-Eastern Railway,and of £2,099
on the Brighton for the past week.

The traffic returns of the Great Western Railway
of Canada for the week ending the 25th ultimo
amounted to £8,229 against £6,131 last year.

CITY, Two O'CLOCK.

The English Stock Market to-day has bean
rather dull, and very little variation has taken
Place. An unfavourable tendency, however, has
Prevailed, and the latest quotations are k per cent.
lower than those current at the close of business
Yesterday afternoon, Consols now being 93: for
money and the 7th inst., and 931 for September.
The New threes and the Reduced are steady at
,931 1.;;
-I Exchequer Bills are flat at 255. prem.;
India Five per Cent. Loan is steady at 1081 I.
Foreign Securities have undergone a general
depreciation, and business has been rather dull.
Turkish 6 per Cents., 1854, have receded to 851
88 ; ditto, 1858, 731 74; ditto, New Scrip, 1;-1-' 21
Prem• Egyptian Scrip is flat at 14 15 prem ; Italian
Railway Loan Scrip has declined to I dis ; Mexican
Stock 281; Spanish Certificates 91 ; Venezuelan
27 ; and Italian 5 per Cents. 711 72.
The New Portuguese Loan is 21 I prem. ; Peru-
vian a 4 prem.; and Venezuelan, 2 Iprem.
In the Railway Share Market business has been
rather inactive, and a further decline has prevailed
n prices. Eastern Counties, Great Western, and
Lancashire and Yorkshire have receded 58.; Nor-
folks 10s. ; and Bristol and Exeter L 1 ; South
Easterns, however, have improved 10s. to 15s.

The Foreign and Colonial undertakings remain
dull, at about previous quotations, Graud Trunk
of Canada, however, have declined to 21t, ; Great
Western of Canada realise 121 ; East Indian 1041
105.

Joint-Stock Bank and Miscellaneous Shares
continue at steady prices. Ottoman Bank have im-
proved to 298 1; Union of London realise 31! ;
City Bank 91/ ; Canada Land are firm at 102 to
1021 ; and Royal Mail Steam at 55.

BRITISH FUNDS—ONE O'CLOCK,
3 per Cent. Reduced Annuities .......... 93a 1
3 per Cent. Consols Annuities .......... 94 1
Ne - .. 93i I.
New 3 per Cent. Allatlitie9
lied'
`?-It, r Cent. Annuities
xecl Sea Telegraph, 1908
IndiaSts"pker ent.
Dittolo3l .1
Ditto Enfaced Paper, 4 per Cent 93i
Ditto Ai .
co, -.2 Per tent ll2
031 A
.L.,
e. oeLs for Account, Aug. 7
'$ chequer Vier Bills Xl,OOO, 3 per Cent
Ditto £5OO
1/4 !Ditto Small

FOREIGN FUNDS—ONE O'CLOCK.
Buenos Ayres 6 per Cent ....
Ih`YPtian, 7 per Cent., Scrip l5
Ditto Paid-up Scrip ..............
Italian 5 per Cent. (Maremmana Railway)
AlDitto Scrip ......................
Dxicati, 3 per Cent
itto Account .. .
P,`,-.1t.-ilr) 4i per Cent .......... .. ,
Ditto 3 per Cent..
-,,,,u i) uer Cent 1822 £St ...... : -
Ditto 41 per Cent.
44/
SP`int,:h 3 Der Cent
Ditto New Deferred
Ditto Account
•••Pinisl) Cert. of Coup. not funded ...... 9
•!.'urkish 6 per Cent. 1854 .. Ditto--
A ce'ount ' ...
bitto 6 per Cent. 1858
. , •.. .
Ditto Account
Ditto 6 per Cent., 1862. Scrip 2i,i.s It
' Dittos Paid up Scrip 7O i 69a
. .
itto Account
:ta:agnuesla , 3 per. Cent
27
Dividends on the above uayable in London.
per Cent., 1861, Es. 25f.
TWO O'CLOCK .
C°ll`,3ls, Alone- Q3a.
Ditto Account ..
93t
4-lAtto Septen3per

MONEY MARKET. 6.hARE MARKET---THIS DAY.