The Sun.
London, England, 1858-09-04 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocx.

The return from the Bank of England made up
fir the week ending the Ist September, shows some
rather satisfactory features. The increase in the
bullion, however, has not been so large as was gene-
rally anticipated, owing, in a great measure, to
the demand for coin to pay for agricultural
labour at this season of the year. There has
been a small addition to the reserve of notes,
but the other securities show a rather
large increase owing to the advances made
on Government Stocks. Both the public and pri-
vate deposits exhibit a slight augmentation, but
in the active circulation there is a diminution. There
has been a large increase in the rest, and should this
be the final addition previous to the declaration of a
dividend, it is estimated that the probable rate will
be 42 per cent. In the other items of the balance-
s'aeet these is little variation of importance. They
Will be seen in the subjoined table
Active Circulation .. £20,502,820
Decrease .. • . • • • • 59,835
Bullion .. 17,797,196
Increase .. 142,690
Rest .. .. 3,689,972
Increase • • 314,237
Public Deposits • • . • .. 5,627,855
Increase .. • • • • • • 175,064
Other Deposits .. 13,674,788
Increase . • • • • • 124,440
Seven Day and other Bills .. 790,466
Increase . 6,773
Government Securities .. 10,913,381
Increase . 29,137
Other Securities .. 15,453,324
Increase . 388,852
Notes Unemployed .. 11,236,030

Increase

172;400

The demand for money continues very active ;
but it is understood that the bills due to-day, the
4th of the month, are being taken up in a very
satisfactory manner. Some anxiety is felt with
regard to houses connected with Liverpool, owing
to certain embarrassments which have lately been
experienced; but it is hoped that effective means have
been taken to avoid further disasters. The rates for
money in Lombard-street have again advanced to
about 21 and 3 per cent., whilst at the Bank of
England the applications are also on a more exten-
sive scale than for some time past. Several heavy
ban instalments will shortly have to; be provided
for, and this, it is presumed, will assist in main-
taining the inquiry on a larger scale than has been
experienced for a considerable period.

The following particulars of the number and
tonnage of vessels now on the berth in the port of
London, for the various Australian colonies, is taken
from the usual monthly list published by Mr. Miller
of the Jerusalem Coffee-house :
Vessels. Tons.
For Launceston
Hobart Town
It, Sydney and 'Moreton Bay. 8
~ Melbourne and Geelong.. 20
2, Adelaide
~ Swan River 1
~ New Zealand

Total 55

37,199

The Liverpool Cotton Market yesterday mani-
fested a very quiet appearance, and prices were
Without any material alteration. The sales
amounted to 7,000 bales.

The Directors of the Port-Philip and Colonial
Gold Mining Company have received adviccs from
their resident director, dated Melbourne, 14th July
last. The operations at Clunes had been going on
'ery well. During the month of June, 1,405 tons
of quartz were crushed, against 1,098 tons in the
previous month. The yield of gold was 2,136 oz.
7 dwt. The cost of crushing averaged £1 Bs. 9d.
per ton for the month. The result of the six

months' working showed 7,055 tons quartz crushed ;
the sum paid for crushing the same amounted
to £18,240-4s. 7d. ; the expenditure, £11,370 14s.
3d. ; profit, £6,809 10s. 4d. The machinery had
been in full work for about six weeks, and showed
an average of 350 tons of quartz crushed per week,
and when the 20 Head Battery is thoroughly re-
Paired, its efficiency would be much increased. A
further remittance, amounting to £1,500, has
been received on account of dividend.

The quantity of gold melted during the month of
Lune amounted to 38,376 oz., and during the six
months to 234,970 oz., and showed a profit of
X 637,133.

The Clunes Mining Company have divided dur-
ing the 12 months £17,600 in the shape of divi-
dends, or £l6O per share, in addition to expending
nearly £6,000 in extra labour and materials.

Since Monday last the imports of specie have
been about £641,991, and the exports £88,986, ex-
clusive of the following shipment direct from
London to the Continent during the week ending
Thursday last :—Rotterdam, Silver bars, 4,000 ozs.

The i:nglish Funds are rather dull but very
61111, and with a slight upward tendency. Consols
have been 9611 for money, and 961 1 for October.
While business continues so dull, any important
movement in the upward direction can scarcely be
expected, but the favourable specie movement, and
ether influences, promote :considerable firmness.
Bank Stock remains steady at 2281. The New
Threes and Reduced Annuities are quoted, 971 a ;
the New 21 per Cents„ 811 ; the June Exchequer
13i11s, 255. pm. ; India Stock is rather firmer, viz.,
216 ; ditto Loan Debentures, 981 .7-; ditto Scrip,
3d issue, 97i.
Foreign Securities continue quiet, and about pre-
vious prices are current. Turkish 6 per Cents. are
941 951 ; ditto 4 per Cents., 104 ; Russian 41 per
Cents., 1001 2 ; Brazilian 5 per Cents., 1031 ;
Mexican 3 per Cents., 211; Peruvian 41 per Cents.,
90 ; Portuguese 3 per Cents., 451 46 ; and Spanish
New Deferred, 28'4.

Business in the Railway Share Market has been
'very limited, and the variations in prices unim-
Portant. One or two of the principal lines, how-
ever, show a slight improvement. Great Western
have advanced 55., and Lancashire and Yorkshire,
North-Eastern
North-Eastern (Berwick) declined 10s., and
'loi'th-Eastern (York), 10s. Brighton, Midland, and
North
and South-Westerns were at previous quo-
tations. The Foreign and Colonial lines are very
inactive and show no material alteration in prices.
For Joint Stock Bank and Miscellaneous
Shares there was only a limited inquiry. Bank of
Australia improved ss. ; London and Westminister,
88- ; and Ottoman Bank, Os.
In the Miscellaneous Market no change of any
importance took place in prices.

8 mak BRITISHStock P
2 FUNDS—CLOSING RICES.
28f
a
991 I
per Cent. Reduced Annuities
," Per Cent. Consols Annuities
New 3 per Cent. Annuities
New 2 per Cent. Annuities
India Stock
Ditto Debentures, Ist issue.. 9Bl i
Ditto Scrip, Ist issue
bitto ditto, 2d issue 97/
Consols for Account 96f
March June.
.h q
txcheuer Bills, £l,OOO, 21d
Ditto Small, 2td. -
I —25

, FOREIGN FUNDS—CLOSING PRICES.
-urazilian 5 per Cent lo3f f
1 Ditto 1858, 41 per Cent.
lelican 3 per Cent.
I,eDitto Account
1, ruvian, 4} per Cent.
°-hrtil, guese, 1553, 3 per Cent.
'-'440 Account
Russian, 1822, £ St., 5 per Cent
bitto 41 per Cent.
Spanish 3 per Cent. —
Ditto New Deferred, 3 per Cent.
1 Ditto Account
Illidah, 6 per Cent. -
Ditto Account
Ditto Guaranteed, 4 per Cent. ........
Dividends on the above payable in London.

TWO O'CLOCK.
Consols, Money and Account 96! I
Ditto Account, (October)

D tit week e Mining Market
- s.— uring
titcontinued very active, and it is generally considered
it it has now attained a'permanently healthy position; a
Cge amount of business has been done, advanced prices
meta
been in most instances realised, and the state of the
etal trade is as satisfactory as could be desired. A reduc-
-1,13n " td. per lb. in copper has been announced, which will,
14"thably, induce a larger number of transactions in the
bftuli and miners will derive the advantage of an im-
)red demand, although the standard still remains good.—
l'iing Journal of this day.
week °AD SEQtrEL TO THE CREECH MIIRDERS.—A
ttefore te execution of the young man, John Baker
nillor-'lle, fort he murder of his grandfather and grand-
other at Creech St. Michael, the culprit was visited by his
other
and sister, who were much affected thereat, and he
luself told his mother not to visit him again, for "he could
vra_3ll no more of it." Since the morning of the execution,
uou2inderstand that Mrs. Bucknell, the mother, has
.taken
a brl-Tcl' but gradually sank under her trials and expired of
Iniir7feil heart on Tuesday morning, a week within a few
IvnLes of the time when the extreme penalty_ of the law
neerled out upon her guilty offspring I The sister, a
844 ri-?llt 11 Years old, we hear, is dangerously afflicted,
fegOci 104 lot her mover-21funton