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

MONEY MARKET.

CITY NE 'A' S-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, Kentiards, and Co., have issued
a notification, addressed to those holders of Peru-
vian Bonds who 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 £21,009. 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 quotel for American and Brazilian
descriptions. The transactions comprised 10,000
bales.

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 2f to 2* prem.

A very important undertaking has just been
announced under the title of the 'Moldavian
R-..ilways, the prospbctus 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 shores 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 Mo:davia to Jassy, and to the salt
mines at Okna. £1 per ;hare is to accompany
applications, £5 is required on allotment, £5 on
the Ist of February, 1863, £2 on the Ist of August,
-1864, £2 on the 1•t of February, 1865, £2 on the
Ist of August, 1866, £2 on the Ist of February,
1866, and £2 on the Ist 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, Pete, a 7,1 Betts.

CITY NEWS---THIS DAY.

TWELVE O'CLOCK.

During the last few days there has been rather
less animation in the Foreign and Colonial Pro-
duce Markets. Tea has continued 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.
At Paris, this morning, the Three per Cent.
11,$,n1`es opened at 68fr. 95c., showing no change.
Ani instalment of 15 per cent. becomes due on
the 15.1 f inst., on the Egyptian Loan of £1,811,040.

Very li ktle alteration is perceptible from day to
day in the L,teneral condition of the money market.
Sometimes the inviry is slightly augmented, but
it continues mu.'th 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
fel.annels be:tr, fully 3 per cent. under the mini-
mum of tn.. Bunk of England, where very little
business is consfquen Cy negotiated in commercial
bills. In the Stock Exchange also money is super.
abundant, aryl 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 Gmada 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 been
rather dull, anti very little variation has taken
Place. An unfavourable tendency, hoc;ever, 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 93,1 for September.
The New Threes and the Reduced are steady at
931 1,7; Exchequer Bills are flat at 255. prem.;
India Five per Cent. Loan is steady at 1084 8.
Foreign Securities have undergone a general
depreciation, and business has been rather dull.
Turkish 6 per Cents, 1854, have receded to 85k
86 ; ditto, 1858, 731 74; ditto, New Scrip, 2}
prem. Egyptian Scrip is flat at 14 15 prem ,• Italian
Railway Loan Scrip has declined to I; dis • Mexican
Stock 28k; Spanish Certificates 91- ; Venezuelan
27 ; and Italian 5 per Cents. 711 72.
The New Portuguese Loan is 21 prem. ; Peru-
vian y prem. ; and Venezuelan, 2 prem.
In th. 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 55.; Nor-
folks 108. ; and Bristol and Exeter £1 ; South
Easterns, however, have improved 10s. to 15s.
The Threiwn and Colonial undertakings remain
dull, at about previous quotations. Grand Trunk
of Canada, ho wever, have declined to 21f, ; Great
'Western of Canada realise 121 ; East Indian 104 i
105.

Joint-Stock Bank and Miscellaneous Shares
continue at steady prices. Ottoman Bank have im-
prove 1 to 29fr ?, -; Union of Landon realise 318 ;
City Bank 914 ; C inada Land are firm at 102 to
1021 •, and Royal Mail Steam at 55.

BRITISH FUNDS--c LOSING PRICES.
3 per Cent. Reduced Annuities , .... 9311 a
i
N 3
ePwer:l.,'peenrt,(lCe?.nt.sf,krins
nuitleg Annuities (,31
'3l- I I I
Nev ',A per Cent. Annuities 77}
. ..,
Red Sea Telegraph, 1908
India StOCK
Ditto 5 per Cent. .......... . ....
T ),t to Enfaced Paper, 4 per Cen
•
Ditto 5t per Cent .............. .
DittoiDehentures, 4 per Cent., c; ~
.....6. .
112 11 i
Ditto ditto April, 1864 1001 1
Ditto Bonds £l,OOO
_.3,.
CAlsols for Account, Aug. 7 ............ 2 .
Exchequer Bills £l,OOO, 3 per Cent
Yo
25
Ditto £5OO ....
Ditto Small
FOREIGN FUNDS—CLOSING PRICES
Brazilian 5 per Cent
Ditto 41 per Cent., 1852-58-60 ........ 93k
.........
Ruenos Ayrei 6 per* Cent .............. 92i 2
Chnian 6 per Cent. —
.... Ditto 4i per Cent .„, E 4 •
New Consolidated
: quador
Ditto Paid-up Scrip
'ltalian h per Cent: (maremmana. . Rae.ilsVa..) 9-61 7
_Ditto serlp ... y .:
41xican, 3 per Jeal ............... •• • • -
Ditto Account ... ..
re-nrien 4i per Cent ................... 281' 1
, Ditto 3 per Cent. ......... ..:
...........
.......... 8-9 8
o's.ittn 6 per Cent •1822 £ it..
. Ditto 4i per Cent .........
.............. —9O.
Ditto 1862 (Scrip) .... 1-,
.......... 1
I""Panisti 3 uer Cent ...... .... 4
Ditto Ditto New Deferred ........ ---
New
Account .. ....................... ' 4-41
...
_Ditto Passive..
gPlnish Cert. of Coup. not funded . .
.. 8i .. yi
.. :87606:1644- 31, 4
Turkish 6 per Cent. 1854
Ditto' Account
Ibitto.6 per Cent. 1858..
Ditto Account
Ilitto S per Cent., 1852, Scrip 2§-
' i $ li
:Ditto, paid up Scrip 7O i 69
. 2
Venezuela, 3 per Cent
Ditto Ace ount
' ...... 27
Italian 5
on tbe above uayable in London.
5 per ,Cent, 1861, Ex. 25f. ..... 72 11
C , THREE O'CLOCK..
wisols Money 7_: . ' ,`'
I:lit* 'oney ' - 931
—0 .4.ccount