The Sun.
London, England, 1858-09-18 00:00:00

MONEY MA

'ITY NEWS.

CITY, Two O'CLOCK.
The Bank of England return, made up to the
15th September, presents some rather satisfactory
features. The bullion, owing to the late large
arrivals and the limited demand for exportation,
show a large accumulation, viz., about half a mil-
lion. The reserve of notes has also been aug-
mented to about a like amount. In the other
securities, owing to the comparative
dull-
ness of trade, there is a slight decrease.
The public deposits, in consequence of the active
collection of the revenue, have increased about
half a million, but the private deposits have de-
clined to something like the same amount. The
active circulation has been augmented to the ex-
tent of about £140,000. In the other items of the
balance-sheet there is little variation of import-
ance :

Active Circulation .. .
Increase ..
Bullion • • ,
Increase ..
Rest
Increase • • •• ••
Public Deposits • • • •
' Increase ..
Other Deposits • • • •
Decrease ..
Seven Day and other Bills ..
Decrease
Government Securities
Increase ..
Other ' Securities
Decrease ..
Notes Unemployed
Increase ..

.. £20,153,990
.. 140,430
.. 18,648,915
.. 609,450
.. 3,696,116
• . 3,506
.. 8,041,078
• . 505,345
.. 12,201,959
• 65,087
.. 759,560
10,917
.. 10,970,514
• . 15,245
.. 15,311,274
.. 61,418
.. 12,279,970
• 521,250

The contents of this balance-sheet have given
much satisfaction to the speculators in public secu-
rities, and it is not considered improbable that a
reduction will shortly be made in the minimum
rate of discount to 2 per cent. A movement of
that kind would, no doubt, give a stimulus to busi-
ness,, and it is scarcely imagined that
it would engender a speculative mania,
such as alarmists are always inclined to predict
whenever money becomes unusually cheap and
abundant. The reception given to the projects
lately introduced, and especially the hostility shown
to the new Turkish loan, shovi that the public
know how to discriminate between substantial and

questionable enterprise, and it can scarcely be
believed tluit an alteration of 2 per cent. would
render them less wary and critical in their choice
of investments.
About £40,000 in gold was received at the Bank
of England yesterday.
The steamer Indus will take out £27,230 to China
and the Straits on the 20th.

There was no alteration of importance in the
rates of Continental Exchange current yesterday
afternoon.

In the Liverpool Cotton Market, yesterday, there
was much firmness, and previous quotations were
fully maintained. The sales amounted to 10,000
bales.

Since Monday last the imports of specie have
been about £233,039, and the exports £27,229,
excluiive of the following shipments direct from
London to the Continent during the week, ending
Thursday last :—Hambro, 65 ozs. of gold coin;
Rotterdam, 22,110 ozs. of silver coin; and Hambro,
65,576 ozs. of silver bars.

The market for English Securities has been very
buoyant, but business has been almost suspended.
Consols are 971 +- for money, and 07+ 1 for ac-
count. The favourable Bank return, and the pro-
spect of a further increase in the bullion, have im-
parted increased strength to the market. The deal-
ings recorded to-day have been smaller than for some
time past, and there is no new feature to comment
upon. The New 21 per Cents. were 82 ; the
March Exchequer Bills, 375. ; and the June ditto,
255. to 28s. prem. India Bonds are 12s. to 15s.
prem., and the Debentures (second issue) about
981-
Foreign Securities are moderately active, and
prices are firm. Turkish 6 per Cents. are 96 1 ;
Spanish 3 per Cents., 455 ; Russian 41 per Cents.,
1001 ; Mexican 3 per Cents., 215 ; Peruvian 41
per Cents., 91+ 92 ; ditto 3 per Cents., 71: ; Portu-
guese 3 per Cents., 466 ; Venezuela 5 per Cents.,
401 ; and French 3 per Cents., 72 50.

Turkish Scrip is par to prem. Tuesday next is
fixed for the settlement.

The Railway Share Market to-day has been
very inactive, and there is little variation to re-
port in prices. Great Northern have declined 55.,
and Manchester, Sheffield, and Lincoln ss. Great
Western improved 55., Midland 55., and North
British ss. The Foreign and Colonial undertakings
have been exceedingly quiet. Paris and Lyons have
advanced 10s., and Lombardo-Venetian, 55.

Joint-Stock Bank and Miscellaneous Shares are
steady at about former values. Bank of Austral-
asia have improved about £1; Ottoman Bank, 10s.
Peninsular and Oriental Steam, Royal Mail Steam,
and South Australian Land, are at former quo-
tations.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Consols Annuities
New 21 per Cent. Annuities
Ditto lionds, £l,OOO
Ditto under £l,OOO
Consols for Account
India Stock for Account 219

Exchequer Bills, £l,OOO, 21cl
Ditto Small, lid

March June.
37 f2B 5 p
f 21

FOREIGN FUNDS—CLOSING PRICES.
Brazilian, 5 per Cent. —
Ditto 1852, 41 per Cent. 961
Mexican 3 per Cent
Ditto Account
Peruvian, 41 per Cont.
Ditto Account
Ditto &per Cent. —
Ditto Account
Portuguese, 1853, 3 per Cent.
Ditto Account
Russian, 1822, £ St., 5 per Cent
Ditto 41 per Cent.
Spanish 3 per Cent. —
Ditto Accoimt
Ditto Passive
Turkish, 6 per Cent.
Ditto New Loan Scrip i i p
Venezuela, 5 per Cent.
Ditto Account
Ditto Deferred
Dividends on the above payable in London.
French Rentes, 4} per Cent. Ex. 25f —
Ditto 3 per Cent. Ex. 25f.
TWO O'CLOCK.
Consols, Money
Ditto Account 97

211

92 li

RAILWAY CALLS.

Subjoined is a statement of railway calls falling
due at various periods

Call.

Making
raid.

Birkenhead, Lancashire, and Cheshire
Junction, Per. 4 per cent. Debenture
Stock (Nov. 1, 1858) £2s
Ditto ditto ditto (Feb. 1,1859)
Cape Town Railway and Dock (Oct
23, 1858)
Danube and Black Sea. (Oct. 1, 1858).
Dublin and Drogheda 5 per cent. Pre-
ference, 1867 (Oct. 1,1858)
Ditto ditto ditto (Jan. 1, 1859)
Ditto ditto ditto (April 1, 1859)
Ditto ditto ditto (July 1, 18.59)
Ditto ditto ditto (Oct. 1, 1859)
Ditto ditto ditto (Jan. 1, 1860)
Exeter and Exmouth (Oct. 1, 1859)
Grand Trunk of Canada 7 per cent
Debenture, 1862, issued at 20 dis
(Nov. 20, 1858) 2O
Ditto ditto ditto (Jan. 20, 1858)
Ditto ditto ditto (Mar. 31, 1859)
Great Western of Canada New Shares,
optional prepayment (Oct. 1, 1858)
Italian Junction (Oct. 1 to 20, 1851)
Killarney Junction (Nov. 1, 1858)
Lancaster and Carlisle, £l6l (Aug. 1,

, • ,
1860)
Lancaster and Preston, £ll (Oct. 31,

1859)
Lombardo-tienetian (Nov. 1 to 15, 1858)
London and Blackwall, New (Oct. 1,
18.59)
London and North-Western Eighths
(July 1,.1859)
Ditto ditto ditto (July 1, 1860)
Manchester, Sheffield, and Lincoln-
shire, £lO, 4 per cent. (Jan. 1, 1859)
Ditto ditto ditto (July 1, 1859)
Ditto ditto ditto (Jan. 1, 1860)
Ditto ditto ditto (July 1, 1860)
Ditto ditto ditto (Jan. 1, 1861)
New Brunswick and Canada (Oct. 1,
185 S)
Newry and Armagh Extension (Oct
1, 1859)
Scinde (2d issue (Oct. 10, 1638)
South Devon, additional sham, £lO
(Dec. 1, 1858)
Waterford and Kilenny Debenture
Shares, £lO (Jan. 1, 1859)
Ditto ditto ditto (Jan. 1, 1860)
Whitehaven and Furness Junction,
„,__New Pref., £lO (Oct. 1, 1858)
Whitehaven Junction, £2O Pref., 5 per
cent. (Feb. 1, 1859)
Ditto ditto ditto (June 1, 1859) ,
Ditto ditto ditto (Qct, 13 *59) • • • • • •