The Sun.
London, England, 1858-09-10 00:00:00

MONEY MA

7TY NE WS.

CITY, Two O'CLOCK.
Less activity has been apparent during the last
few days in the Foreign and Colonial Produce
Markets, and, owing to large arrivals of most of the
principal staples, prices have given way to a limited
extent. Tea at public sale went off very heavily,
at about previous values. The better qualities of
sugar have been taken by the trade to some extent,
at a slight reduction in value, but there has been
little speculative business, and in the Refined Mar-
ket the transactions have been merely of a retail
character. A good demand, however, has been ex-
perienced for coffee, and the superior qualities o
Plantation Ceylon have sold readily at enhanced
values. Rice, rum, and fruit are in moderate de-
mand, and the recent arrivals of new raisins have
sold readily at full values. Saltpetre and tallow
have been in limited request, and the latter article
has slightly declined in value.
The Liverpool Cotton Market yesterday mani-
fested less animation, and prices remained without
any material alteration. The sales amounted to
12,000 bales. In the Railway Share Market a fair
business was transacted, and quotations were firm.
The Bank of France return for the month ending
yesterday has been published to-day, and, as anti-
cipated, its general features are Of a very encourag-
ing description. The most prominent alteration is the
accumulation of coin and bullion, the total having
now reached nearly 231 millions sterling. This
collection is larger, we believe, than any pre-
viously recorded, and it is stated in private
letters from Paris that a further augmentation is
not improbable. The discount operations of the
establishment have diminished, the falling off being
nearly a million sterling. This movement, how-
ever, is somewhat irreconcilable with the state of
trade throughout the country, but the re-action in
commercial affairs has not yet, probably, made
sufficient progress to exhibit its influence upon the
money market. Owing to a partial revival of specu-
lative dealings in the Rente and Railway Shares
the advances in the public securities show a mate-
rial increase. An impression appears io be enter-
tained that the terms of discount will be lowered
next week, inasmuch as it is considered that the
position of the establishment will warrant that im-
portant concession to the commercial community.
The New 3 per Cents. and the Reduced being
shut, is in favour of Consols, inasmuch as invest-

ments on behalf of the Government or public insti-
tutions will, for a month at least, have to be made
in the latter security. The following are the days
appointed for the re-opening of the transfer books :
—Bank Stock, October 19; Three per Cent. Re-
duced, 20 ; New Three per Cent., 21; Long Annui-
ties, Jan., 1860, 19 ; Annuities, October, 1859, 19 ;
ditto, April, 1888, 19.
A further sum of /16,000 in gold was taken into the
Bank yesterday. The arrivals of specie announced
this morning comprise the City of Washington,
from New York, with £18,500, and the Teviot,
from Alexandria, with £51,900.
The ordinary general meeting of the East
Anglian Railway Company took place to-day. The
report was not favourable, as it showed a consider-

able falling off in the gross receipts, which
amounted to £24,493 17s. 2d. After the working
expenses payable to the Eastern Counties Com-

pany, there remained a balance of £14,006 3s. 3d,
from which the interest of bonds, and that on the
13 and C stocks were paid, leaving a balance of

£5B 10s. sd. to be carried to the rest account. The
decrease in the gross traffic was attributable to the
effects of the late commercial crisis, and the depres-

Sion of the coal trade in the north of England.
The directors were happy to state that the bonds
fallen due since January had been renewed at a
reduced rate of interest. Some diScussion took
place, and the report was adopted.
The Market for the English Funds is tolerably
Well maintained, but there is no speculative activity.
Satisfaction has been expressed at the Bank of
France Return, and operators, although very shy,
Show a disposition to buy rather than sell stock,
notwithstanding the high point which prices have
already attained. Consols have been 971 for money,
And 971 a for the account. The present prices

are NZ- 97, and 97 to 971 respectively.. The New
3 per Cents. have been 971 -1 and 9714 ; the New
21 per Cents.; 81; the March Exchequer Bills 345.;
June ditto, 235.; ditto Bonds, 1001. India Stock is
Erin at 216 ; ditto Scrip (second issue), 984 4 ; and
Bank Stock for account, 2294.
A further improvement has taken place in the
market for Foreign Securities. Turkish 6 per Cents.
are 964 95 ; Brazilian 41 per Cents., 1858, 96 4 ;
Mexican 3 per Cents., 211 N ; Peruvian 41 per
Cents., 891 90 ; Russian 41 per Cents., 1007, ;
Spanish 3 per Cents., 461; ditto Deferred, 294 1;
ditto Passive, 114 1; Austrian 5 per Cents., 831;
Dutch 21 per Cents., 654; and ditto 4 per Cents.,
102 4. Turkish New Scrip is par to I premium.

With reference to the market for American
securities, Messrs. D. Bell, Son, and Co., report as
follows :—" There is no change in the market for
American State stocks. The speculation in Illinois
Central shares still continues, and the price has
advanced to 23 to 21 dis."

Redeemable. Prices.
united States 6 per Cents: 1867-1868 104 105
Do. 6 per Cent Bonds
Alabama 5 per Cent. Bonds - 78
Kentucky 6 per Cent. Bonds lB6B-72 91 33
Maryland 5 per Ct. Str. Bonds 94 95
'Massachusetts 5 per Cent. Str.
Bonds
Ohio 6 per Cent. Stock 1836 95 97
Pennsylvania 5 per Ct. Stock -- 78} 791
Pennsylvania 5 per Ct. Bonds 1877 83 85
Tennessee 6 per Cent. Bonds. Divers 80 82
Virg:nia 6 ler Cent. Bonds
Virginia 5 per Cent. St. Bonds 1888 83 84
Roston 49 per Cent. St. Bonds 91 93
Illinois Central 7 per Cent.
Illinois Central 7 per Cent.
Illinois Central 6 per Cent
(Freelands)
Do. shares, 60 dols. paid
Michigan Central 8 per Cent 1869 86 88
Pp, do. shares
ew York Central 6 per Ct ,
not convertible 82 84
New York Central 7 per Ct.,
convertible, from June 15,
1857-59
Do. do. shares
New York and Erie, 7 per Ct ,
3d mortgage
New York and Erie 7 per Ct ,
convertible
New York and Erie, 7 per Ct ,
Inking fund
-1-)13. do. shares
Panama 7 per Ct., Ist mort-
gage.., Str. Bonds, not cony
O. d0.,.15t. do.
Pennsylvania Cen. 6 per Ct.,
Ist mortgage, convertible
till 1860

1883

1864

1833
1862
1875

18.59
1865

74 x div
66

1880

In the Railway Share Market the transactions
have been very limited, but prices generally show a
slight decline, most of the leading lines being about
to per Cent. lower. Great Western, North-
Western, and Midland declined 55., and South-
Eastern los. The Foreign and Colonial lines are
at steady rates. Paris and Lyons improved 55.,
and Lombardo-Venetian ss. Grand Trunk of
Canada 10s., and Great Indian Peninsula Os.

Joint Stock Bank and Miscellaneous Shares are
quiet at about previous rates. Ottoman Bank im-
proved 55., and Red Sea Telegraph were quoted 2:.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
,b)er Cent. Consols Annuities
New
per Cent. Annuities - 1 1 I
;NOW 21 per Cent. Annuities
India Stock
Mao Scrip, 2nd issue ' 9B 1
Bank Stock for Account 229i
Consols for Account, 12th Oct - _

March. June.
Exchequer Bills, £l,OOO, 2}d.
34
1 —3
Ditto Small, 11d.
Ditto Bonds, 1858, 31 per Cent.
Ditto, 1859 loof
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian, 5 per Cent —
Ditto 1848, 41 per Cent. 96k i 6
Mexican 3 per Cent
Ditto Account
Peruvian, 41 per Cent.
Ditto Account
Russian, 1822, £ St., 5 per Cent
~ Ditto 4/ per. Cent.
"Paul& 3 per Cent —
Ditto Account
Ditto New Deferred, 3 per Cent. —
Ditto Account-
~ Ditto Passive
'4,Panish Com. Cert. of Coup. not funded.. 5,
kish, 6 per: Cent.
Ditto Account
Dividends on the above payable in London.
-,,'llistrian 10 Gu. £, 5 per Cent.
'witch Ex' change, 12 Guil. 21 per Cent 65
Ditto Certificates, 4 per Cent.
TWO O'CLOCK.
Consols, Money
Ditto AOKaut , ~,,, 1,1111110,19 97