The Sun.
London, England, 1858-09-11 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two o'CLocx.

The Bank of England return completed to the
Bth inst., shows some important variations. In the
bullion the augmentation has not been quite so
larg' as was generally expected, but this may in
some measure be accounted for by the absorption of
coin for the payment of agricultural labour. In
the reserve of notes there is a large accumulation,
viz., about half a million, and the other
securities show a diminution of about one
hundred thousand pounds. In the private
deposits there is a falling off of about a million-and-
a-half, consequent upon the payments upon the late
Indian Loan, &c. The public deposits have in-
creased nearly two millions, owing to the active
collection of the revenue previous to the payments
of the dividends on the New 3 per Cents, and the
Reduced Annuities. In the active circulation there
is a diminution of about a quarter of a million,
indicating that trade generally continues languid.
In the other items of the balance-sheet there is
little alteration to call for special remark ; they will
be seen in the subjoined table
Active Circulation .. £20,013,560 •
Decrease .. 289,260
Bullion .. .. 18,039,465
Increase .. 212,269
Rest .. .. 3,692,610
Increase' .. 2,638
Public Deposits 7,535,733
Increase .. 1,907,878
Other Deposits. 12,267,046
Decrease .. 1,407,742
Seven Day and other Bills 770,477
.• Decrease .. 19,989
. Government Securities 10,955,269
Increase .. 41,888
Other Securities 1.5 362 692
Decrease .. 90,632
Notes Unemployed 11,758,720
Increase .. 522,690

It will be seen by the above alterations that the
Bank authorities.. are still unable to compete
with the open. market, where accommodation is
obtainable tO.I.Per cent. under the Official mini-
=um. Notwithstanding the advances in stock
which the authorities are making, it is hardly ex-
pected that the other securities. will yet show any
great augmentation, for the monied firms have
extensive supplies available for all legitimate pur-
poses, which they will endeavour to employ by
contenting themselves with rates of interest a free-
tiron below the established quotations of the Bank.
The inquiry for money is not very animated, but
a. fair amount of discount business is nevertheless
in course of transaction. The large influx of gold
tends to preserve the easiness of the market, and
The wants of the commercial community are. readily
s upplied.

The amount of gold taken into the Bank yester-
i fay was £44,000, and it is expected that the whole
ctf the £428,000 by the Avon, from Australia, will
1k similarly appropriated.
- In the Foreign exchanges, yesterday afternoon,
t he rates on Hamburg and Amsterdam were rather
tigher, but the other quotations were unchanged.
_ _

Accounts from Liverpool report that the cotton
Darket yesterday closed very firmly, and 12,000
bales were disposed of at_ full rates.
Since Monday last the imports of specie have
be rn about £749,912, and the exports £69,400,
exclusive of the following shipments direct from
L =don to the. Continent, during the week ending
7,laurSday last :

Gold Coin—Boulogne
~ „ —Hambro'
Silver „ —Rotterdam
, —Boulogne
:: Eliza—Rotterdam

The Funds opened buoyantly, at an improve-
m rent of 1 per cent., owing probably to the favour-
t)le Bank return, but sellers then came forward,
ad a reaction ensued. The market, however, was
v•?.ry, dull, , especially towards the close, and the
n ob.-appearance of the Bank broker as a buyer
a ppcared to increase the general inactivity. Con-
Os were 971 for money, and 971 d for account.
They left off, however, at 97 to 971 and 971 1
r espectively. The New 3 per Cents, and the Re-
d treed. Annuities are shut, but for special transfer
ape marked 97 to 971. India Scrip (2d issue),
181- 1, and ditto Bonds, 12s. to 16s.
A fair amount of business has been recorded in
t 4-3 Foreign Stock Market, and prices have ad.vanced.
ntrkish 6 per Cents. are 951 4 ; Danish 5 per
Cents., 1021-- ; Peruvian 41 per Cents., 90 ; Rirs-
EFEn. 5 -per Cents., 1001; Sardinian 5 per Cents.,
0.1 Z ; Spanish 3.per Cents., 46.! ; ditto Deferred,
; ditto Passive, 12 ; and Dutch 4 per Cents.,
Ip2l. Turkish Scrip has been to t- pm. all day.
A :very limited business has been done in the
ailway Share Market, and but little alteration
cfra be reported in prices. Caledonian, Lancashire
an d Yorkshire, and Midland have improved ss. ;
01111 Bristol and Exeter, and South Devon, 10s.
North Western, and North Eastern (Berwick), de-
eilined ss. ; and North British, 10s. The Foreign
and. Colonial lines are at about previous rates.

Joint-Stock Bank and Miscellaneous Shares
chow a slight improvement. Bank of Australasia
have advanced 10s.; Ottoman Bank, as.; andPenin-
itular and Oriental Steam, £l.

BRITISH FUNDS—CLOSING PRICES.
per Cent. Reducod Annuities Shut 971
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
•
India Stock
Ditto Scrip 2nd issue 984. 1
Ditto Bonds, £l,000
Consols for Account
FOREIGN FUNDS—CLOSING PRICES.
Danish, 1825, 3 per Cent.
....,_.

Ditto 5 per Cent.
Peruvian, 41 per Cent.
Russian, 1822, £ St., 5 per Cent —
Ditto 41. per Cent.
Sardinian, 5 per Cent. 921 h
Spanisii per Cent. —
Ditto Account
Ditto New Deferred, 3 per Cent —
Ditto Account
Ditto Passive
Spanish Com. Cert. of Coup. not funded.. 51 h
Turkish, 6'per Cent.
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent —
Ditto Certificates, 4 per Cent.
. . TWO O'CLOCK.
Consols, Money
Ditto Account 97/ i