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

MONEY MARKET AND C

TTY NE JVS,

CITY, Two o'CLocK,

About £216,000 in Australian gold was taken
into the Bank vaults yesterday, being the largest
parcel received there for some time past. This un-
interrupted flow of the precious metal, sustained by
extensive remittances from the Colonies and smaller
consignments from Russia and America, is causing
a rapid accumulation, upwards of three quarters
of a million sterling having been sent in since the
date of the last weekly balance-sheet. Unless the
metallic circulation has largely increased during
that interval, the stock of bullion must now ap-
proach 181 millions sterling, and further additions
will be made from week to week by the supplies
from Victoria which arc 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
£2,310 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 accommodatien bills
accepted for Messrs. Carmichael and Co., and the
assets at £40,372. A dividend of about 10s. in the
pound is expected, and it was agreed that the estate
should be wound up under inspection.
There was a meeting to-day of the creditors of
Messrs. Portelli, Schembri, and Co., when a state-
ment of their affairs was submitted, showing the
liabilities to be £42,060 15s. 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.
The 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 97-; 1 for money, and 971 for the account.
The market at the present moment, however, is
rather flatter, the quotations being 971 ; and 97;1
respectively. The New Threes have been specially
transferred at 971, India Stock is rather flatter,
viz., 216 ; ditto Scrip, 2d issue, 981 ; 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 4 ; 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), 96; ; Buenos Ayres 6 per Cents., 78 ;
ditto Deferred, 16; ; Chilian 6 per Cents., 106 ;
Peruvian Dona/ 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 £33,729
North-Western
South-Western
Brighton 19,206
Midland
South-Eastern
Great Northern

, -
Lancashire and Yorkshire
Bristol and Exeter

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

Chester and Holyhead
East Lancashire 7,185

Lancaster and Carlisle
Manchester, Sheffield, and Lincoln
North-Eastern

Oxford, Worcester, and Wolverhampton 4,809
West Hartlepool 3,630
Edinburgh and Glasgow 6,197
Glasgow and South-Western 6,950
Lombardo-Venetian
Grand Trunk of Canada
Great Western of Canada
Northern of France

27,745
7,277

7;534
7,370

7,937
11,672
41,664

4,777
3,562
6,407
7,563
8,565
9,699
8,597
46,159

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 1 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 Caledonian and 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—CLOSING PRICES.
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.
36 j 27

Exchequer Bills, £l,OOO,
Ditto 000,
Ditto Small, 1.0
Ditto Bonds, 185 g, 3i per Cent.
Ditto, 1859 look

FOREIGN FUNDS—CLOSING PRICES.
Brazilian, 5 per Cent. —
Ditto 1858, 41 per Cent
Buenos Ayres, 6 per Cent 7B
Ditto Deferred l6l 171
Chinon., 6 per Cent. lO6
Mexican 3 per Cent.
Ditto Account
Peruvian, 41 per Cent.
Ditto Account
Ditto 3 per Cent —
Ditto Account
Russian, 1822, £ St., 6 per Cent
Ditto 41 per Cent.
4
Sardinian, 6 per Cent..
Ditto Account

. 93

Spanish 3 per Cent. 45/
Ditto Account
Ditto Passive
Spanish Com. Cert. of Coup. not funded 6}
Turkish, 6 per Cent.
Ditto Account
Ditto 4 per Cent. —
Ditto Account
Venezuela, 5 per Cent.
Ditto Account
Dividends on the above payable in London.
Belgian, 21 per Cent., Ex. 25f • 57
Dutch Exchange, 12 Guil. 2f per Cent.
Ditto Certificates, 4 per Cent.
Peruvian Dollar Bonds, 41 per Ct. Ex. 4s 761
THREE O'CLOCK
Consols, Money 971
1
Ditto Account 97

DESTRUCTION OF THE GRAIN CROPS IN THE
BLACK SEA AND SEA OF Azov.—Advices from Nicholaief,
of the 19th of August, announce the destruction by locusts
and hot winds of the grain crops in the Russian territory
of the Black Sea. Over Kherson a cloud of locusts
recently passed, full 25 miles in length, but without alight-
ing thereat. Much distress prevails, and pHces are almost
at famine rates. A great deal of wheat iniul.ed by rain at
harvest time, had been shipped from Taganrog for Malta
and other Mediterranean ports.
• If we are rightly informed, the Mexican govern-
ment are now engaged in a negotiation which is likely to
be attentively watched by the bondholders. The sale of
another slice of the territory Of the republic kJ wo are
Wad, is coateavistigla.