The Sun.
London, England, 1862-09-23 00:00:00

EY lf ARKET,

CITY NE 'A SI-YESTERDAY

Toe mercantile letters from New York to-day
cont,,in little of interest. Tetense attention was
directed to the political probabilities of the next few
days, as it was conjectured that a battle might take
place in Maryland between the Confederates and
Gen. M'Clellan at about the date of the departure
of the present steamer. This battle, it was felt,
would, if gained by the Confederates. extingui h
the Union cause, while, in an oppoeite case, the re-
sults would be peculiat ly disastrous to the Confede-
rates, owing to the difficulty of retreat. The exist-
ing crisis was therefore regarded as the most im-
portant moment of the whole war. The entire re-
moval of the restrictions on travel had created a
sense of immense relief, and is attributed partly to
the necessity of allowing prominent Unionists to
escape from Baltimore and other threatened cities,
but more especially to the approach of the autumn
elections. The latter cause had also induced the
Government to allow a little more liberty of speech.
The next steamers to arrive are the Kangaroo and
Bremen, which were to leave N.-w York on the
13th, and the North American, which was to leave
,Quebec on the same day. The two former are
likely to bring specie. Late news by the latter
may be received to-morrow afternoon. The steamer
to arrive at the end of the week is the Asia, from
Boston, with letters to the 17th of September and
telegrams to the 19th.

The Canadian advices by this mail state that the
harvest has been highly satisfactory, and that
"there is more wheat at present in Canada than
ever before in the history of the country.
Specimens of the fibre of the Zostera Marina, the
new substitute for cotton proposed by Mr. Harben,
'were exhibited in Mincing-lane to-day, and the
opinions expressed of their quality were very favour-
able, but there also seemed to be strong doubts as
to the quantity that may be found available, and
the price at which it can be obtained fit for manu-
facture. The entire question, however, will soon
be brought to practical tests, as one or two persons
at Manchester have ordered a sufficient quantity for
a satisfactory experiment.
The exchange from Vienna on the 20th exhibits
a further improvement of 60 centimes in favour of
Austria.

The gold transactions at the Bank to ds y were
unimportant.
The South-Eastern railway traffic return shows
this week an increase of £4,221 ; and the London,
Brighton, and South Coast an increase of £3.859.
The half-yearly dividend on the Brazilian Five
per Cent. Loan of 1824 is notified as payable on and
after the Ist October.

An extraordinary meeting of the East India
Steam Navigation Company will be he'd on the
30th inst., " to determine on resolutions to be sub-
mitted for authorising the board of directors to
negotiate and enter into contracts for the sale of
the property of t' a company."

CITY NEWS---THIS DAY.

CITY, TWELVE O'CLOCK.

The demand for discount accommodation is
about equal to the recent daily average, and the
rates continue steady.

Most of the continental markets remain quiet,
without any alteration of importance in the terms
for the negotiation of commercial securities.

There is an increase of £5,003 in the traffic re-
turns of the South EPstern Railway, and of £2,859
on the Brighton, for the past week.
On the Ist pros. the half-yearly dividends will
become due upon Brazilian 5 per Cents., Peruvian
3 per Cents., and Dutch 4 per Cents. (Certificates).
A call of £1 per share, amounting in the aggre-
gate to £50,000, will fall due on the shares of the
Indian Branch Railways Company, on Friday next.
The operatiots in the Foreign and Colonial Pro-
duce Markets during the last few days have been
moderately active. For tea, however, there has
been only a Hmited inquiry. Sugars have slightly
advanced, while full rates have been readily ob-
tained icr coffee, cocoa, and rice. In saltpetre the
dealings have been to about an average extent
No Nile a decided decline has taken place in the value
of jute. Tallow continues dull for both present and
forward delivery, at about previous quotations.

The stock of tallow in London on the 22d inst.
Was 36.700 casks against 38,390 in the correspond-
ing date of 1861, 44,984 in 1860, and 20,955 casks in
1859.

The Mangerton from Lisbon has brought £1,056
111 specie.

Two o'CLocK.

The Liverpool cotton market continues depressed,
to-day, without much alteration in prices. The
sales were about 1,000 bales.

The Paris Three per Cent. Rentes this morning
'Were quoted 69f. 27c., aboat the same as yesterday.
Scarcely half a dozen bargains are reported in
the market for Public Securities, business being
almost at a standstill. Consuls remain as they
closed last evening, viz., at 93 -2 for transfer, and
at 93a for the Bth proximo. The New Threes and
the Reduced Annuities are still marked 92 -1--; the
Red Sea Telegraph are 211; India 5 per Cents.,
1081 109; ditto Enfaced, 104-1, 1054 ; the 53. per
Cents., 112 ; and the Bonds, 275. prem.; Exchequer
Bills for June remain at 20s. to 235. prem.; and
the Minh ditto at 18s. to 20s. prem.

In the Foreign Market a fair amount of business
has been negotiated, and prices in several instances
have shown a further upward movement. Mexican
were 341 I, but are now 341 Spanish Passive
have advanced to 211 1; ditto Certificates to 101;
Egyptian 7 per Cents. are ; ditto Scrip, 2d
issue, 6 prem.; Portuguese Scrip is 21- prem.; Rus-
s an ditto is 11 prem. ; Turkish 6 per Cents. are 851
6 ; ditto 1858, 671 68; ditto New Loan Scrip, 11 1
die.; and the Consolides, 37d 1.
In the Railway Share Market business has been
dull; prices, however, have been favourably in-
fluenced by the improvement in the traffic receipts
o most of the principal lines. North Westerns,
South
oiithWesterns, and North British have advanced
and Midlands 10s Brightons, Lancashire and
Yorkshire, and one or. two others sustain former
rates.

The Foreign and Colonial lines remain steady
at about previous prices.
Joint Stock Bank and Miscellaneous shares are a
shade firmer. Bank of Australasia have improved
; City Bank 10s.; and Royal Mail Steam 108.
The Cambrian Gold Mining shares are steady at
to s prem.

BRITISH FUNDS—CLOSING PRICES.
S per Cent. Reduced Annuities .. •.92 k
3 per Cent. Consols Annuities
93t a i a
New 3 per Cent. Annuities 92 it
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 —
Ditto (Red Sea Telegraph), Aug. 1908 2li
India Stock
Ditto 5 per Cent.
I)it to Enfaced Paper, 4 per Cent. . .
. ..
Ditto 5 per Cent . ... 1i 5
Ditto 51 per Cent.
112
~., • --
Consolsl2ii tto BondsforA ec£ol
Ditto
unootdo,itto Aug. 1861 or 66 1001
,
Oct 8 27
. 93a
Exchelner Bills £l,OOO, 3 per Ct. .. 11213ar2c0h. JUD e.
DittostolB
oitnll;
0.
N. ..F.i.5.°.°. .. ........... 23 20
23 20 18
r
per Cent,
Cent,
.... S. ---.. C.
........ 1.N..G. . PRICES. 18
Brazilian, 5
EirDviptitoian4!
,ecr:ekr;cen.,t 1852.58-60 , ........ 941 4
Ditto, Second
~,szte", trOil)pd. ..................... 6901
M, xican,
Intro Account , ...................
i eruc;qn 4i per Cent.............“ """ 341 i a
I titto 3 pei Cent.
................... _
Ditto Account ................. .....
Ditto ,I New, 1862, A Scrip, £33 paid„..
Portuguese 3 per Cent., 1853.. 1 h
Ditto Scrip, £l5 pd .......... . .. .. ... .... .
941 I
1 ~..inn 5 per Cent 1822 £ st.
........... 21
Ditto 41 pet Cent., 186 i
... —.
Ditto 5 per Cent.,1862, Scrip, £3218.8 ..... . 9114 t
Ditto Paid-up Scrip
Spi,nisn 3 for Cent ......... --
Ditto Passive
Spiniah Cert. of Coup. not funded ...... 10 i 10 i
T,,, kimh
6 per Cent. 1854
nittu Account
bitto 6 per Cept. 1858 ..
Ditto Account
Ditto 6 per Cent., 1862 (Scrip), £5O paid 1 i 1 i
Ditto, Paid upl Scrip 67 6! f
Venezuela, 3 per Cent • .
Ditto Account
D:vidends on the above p ivable in London.
tustrian 5 per Cent 5B; i
,lian, 5 n'.r Cent., 1861, Ex. 25f. .. — Ditto Account
THREE O'CLOCK,
Consols, Money
Ditto Accou t 31 k 1
ll