The Sun.
London, England, 1858-09-16 00:00:00

MONEY MA_TIKET AND CITY NEWS.

CITY, Two o'CLooK.
About 4216,000 in Australian gold was taken
into the Bank vaults yesterday, being the largest
parcel received th ere for some time past. This un-
interrupted flow a the precious metal, sustained by
extensive remittanoes from the Colonies and smaller
consignments from Russia and America, is causing
a rapid accumulati lon, upwards of three quarters
of a million sterling having been sent in since the
date of the last weelly balance-sheet. Unless the
metallic circulation has largely increased during
that interval, the sto ck of bullion must now ap-
proach 181 millions sterling, and further additions
will be made from Nr reek to week by the supplies
from Victoria which are known to be coming forward.
Two or three vessels are overdue, with moderate
quantities of gold, and as the export demand has
almost ceased, it is presumed that the whole will be
disposed of to the Bank .authorities.
The Liverpool Cotton Market yesterday closed
very firmly, and values were fully supported. The
sales were estimated at 12,000 bales. In the Rail-
way Share Market a moderate business was done,
and prices continued to improve.
The report issued by the directors of the General
Discount Company shows a gross profit of
42,310 12s. 11d. upon the .10 months' operations,
which, after deducting working and preliminary
expenses, will leave sufficient for a dividend at the
rate of 5 per cent.

At the meeting of Messrs. Montgomery's credi-
tors, held yesterday, the liabilities were stated at
£Bl,OOO, including £lB,OOO r(),mmodatien bills
accepted for Messrs. Carm ich'ail and Co., and the
assets at £40,372. A divid end of about 10s. in the
pound is expected, and it w as agreed that the estate
should be wound up under inspection.
There was a meeting to-day of the creditors of
Messrs. Portelli, Sehembri, and Co., when a state-
ment of their affairs was submitted, showing the
liabilities to be £42,060 1,55. 5d., and the assets
£9,357 2s. 9d. If appeared that the books were
badly kept, and much difficulty had been expe-
rienced in ascertaining whether there was one or
two houses connected with the firm, Mr. Schembri
having been said to be associated with both. Mr.
Schembri was represented as absent in Paris from
illness, otherwise he might have been here to give
explanations. The Malta house was said to be
still solvent and respectable, so that if the identity
existed, the claims of _ the creditors of Portelli,
Schembri, and Co. would be more likely to be
satisfied. It was eventually agreed to adjourn the
meeting, to get more information from Malta on the
subject.

The market for. English Securities has again pre-
sented a quiet, yet buoyant appearance. There is
nothing to create the least excitement, and the
dealings are too limited to promote fluctuation.
Th 3 daily movement seldom exceeds 1 per cent.,
but the tendency is strongly in the ascend-
ant, owing .to the numerous influences created
by the favourable progress of political,
mercantile, and financial affairs. Consols
have been 971 for money, and 971 for the account.
The market at the present moment, however, is
rather flatter, the quotations being 971 d and 971 1
respectively. The New Threes have been specially
transferred at 971, India. Stock is rather flatter,
viz., 216 ; ditto Scrip, 2d issue, 981 4 ; ditto Bonds,
13s. to 15s. The March Exchequer Bills, 365. ;
June ditto, 275. prem. ; and the Bonds, 1011.
-Business in the Foreign Stock Market is mode-
rately active, and prices are not quite so well main-
tained. Turkish 6 per Cents. are 951 96 ; Russian
5 per Cents., 1111 1; Sardinian 5 per Cents., 93 ;
Spanish 3 per Cents., 451 ; and ditto Certificates are
flat, at 61 ; Mexican 3 per Cents. are 211; Peru-
vian 3 per Cents., 711 72 ; Brazilian 41 per Cents.
(1858), 961 ; Buenos Ayres 6 per Cents., 78 ;
ditto Deferred, 161; Chili= 6 per Cents., 106 ;
Peruvian Dollar Bonds, 761; and Dutch 4 per
Cents., 1011. Turkish New Scrip is now par to 1
premium.

The last week's railway receipts, ascertained up
to this day, are, in round figures, as under :--

1858.
Great Western
• Nerth-Western
South-Western
Brighton
Midland
South-Eastern
Great Northern

1857.
£32,809
68,136
16,772
18,171
33,856
24,508
23,235

Lancashire and Yorkshire

27,745

Bristol and Exeter 7,355

7,277

Chester and Holyhead
East Lancashire 7,185 7,370
Lancaster and Carlisle
Manchester, Sheffield, and Lincoln
North-Eastern
Oxford, Worcester, and Wolverhampton 4,809 4,777
West Hartlepool 3,630 3,562
Edinburgh and Glasgow 6,197 6,407
Glasgow and South-Western 6,950 '7,563
Lombardo-Venetian 11,084 8,565
Grand Trunk of Canada
Great Western of Canada
Northern of France
It will be perceived by the above particulars
that the income of most of the principal lines con-
tinues to improve. There can be no doubt that
increased commercial operations, in the manufac-
turing districts especially, are developing the traffic,
and a further movement in this respect may be
expected before the end of the year.
A rather large amount of business has been done
in the Railway Share Market, and owing to the
favourable character of the traffic returns, most of
the principal lines show an improvement of +to
1 per cent. on yesterday's closing quotations. Lan-
cashire and Yorkshire, South-Western, and North-
Eastern (Berwick) have improved ss. ; Eastern
Counties, Great Western, North-Western, Man-
chester, Sheffield, and Lincoln, and South-Eastern,
10s. ; and Caledoniarrand North-Eastern (Berwick),
£l. The Foreign and Colonial lines have been in
moderate demand, and rather advanced rates are
current. Northern of France have advanced 10s. ;
Dutch Rhenish, ss. East Indian have improved
10s. ; and Great Indian Peninsula, ss. Great Wes-
tern of Canada declined about ss.
Joint-Stock Bank and Miscellaneous Shares show
little variation. Bank of Egypt have improved 55.;
and London and Westminster, ss. Atlantic Tele-
graph shares have declined to 455 and 460, and
South Australian Land are 381.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
India Stock
Ditto Scrip, 2nd issue 9Bk
Ditto Bonds, £l,000

Consols for Account
March June.

Exchequer Bills, £l,OOO, lid 36 I 27
Ditto 1500, --I 27
Ditto Bonds, 1858, 31 per Cont. ,
Ditto, 1859 look
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian, 6 per Cent.
Ditto 1858, 41 per Cent. 96t a
Buenos Ayres, 6 per Cent 7B
Ditto Deferred l6f
Chilian, 6 per Cent
Mexican 3 per Cent.
Ditto Account
Peruvian, 4i per Cent.

Ditto 3 per Cent.
Ditto Account
Russian, 1822, £ St., 5 per Cent.
Sardinian, 5 per Cent.
r,fl

Ditto Account
Spanish 3 per Cent. 4st •
Sjoanish Corn. Cert. of Coup. not funded
Turkish, 6 per Cent.
Dividends on, the above payable in London.
Dutch Exchange, 12 Guil. 2/ per Cent —
Ditto Certificates, 4 per Cent.
eruvian Dollar Bonds, 4} per Ct. Ex. 4s 76}
TWO O'CLOCK.

Consols,Money 971
Ditto Account 971

DESPATCH OF AMERICAN LETTERS.—The screw
Steamer City of Washington, with 115 passengers, a good
Cargo and mail, sailed yesterday for New York. On
Saturday next the Arabia, Cunard vessel, takes her de-
parture for New York with mails and passengers. Letters
/or her must be posted on Saturday at one p.m., and with
late fees until two, on the landing stage at three.
PERILS OF PILGRIMAGE.—An incident has just
taken place, says the Pays' which shows what a state of
discrganisiti, n prevails m Arabia at present. It is known
that a son and two nephews of the Emperor of Morocco, to
fulfil a vow made by the head of their family, left, in May
last on a pilgrimage to the holy cities. After visiting Mecca,
ttl*proceeded to Medina, which contains the tomb of Ma-
401net, as well as those of the two first caliphs, Aboubekir and
Otnar. On leaving this latter city, the princes, who were ac-
coinpanied by a numerous suite, were att- clod by one of
the tribes of the district of Assyr, which pillaged the caravan
and insisted on receiving a large sum as the ransom of the
:Moorish party. One of the young men having attempted to
offer resistance was nearly killed. The princes, seeing that
nothing else was to be done, were obliged to send one of their
°tracers to Yambo, a town under the rule of the Turkish.
authorities, for the sum required ; and it Was only when the
amount was handed over to the assailants that the caravan
°lad coatinue itejelguoy.