The Sun.
London, England, 1861-09-26 00:00:00

MONEY MARK ET AND CITY IVEWS.

CITY, Two o'CLooK.

The minimum rate of discount of the Bank of
England remains at 31 per cent., the Directors at
their meeting to-day not having deemed it expedient
to make any alteration. In the general market,
however, the charge for the negotiation of the best
bills does not exceed 3 per cent., and the commer-
cial inquiry is exceedingly moderate.
In the Liverpool Cotton Market yesterday the
demand for all descriptions continued very active,
and prices tended upwards. The sales amounted to
fully 30,000 bales. The City of Washington, which
left yesterday for New York, conveyed 903 bales of
cotton.

To-morrow a call of £5 per share, amounting to
£41,750, becomes due on the Scinde Railway £2O
Shares.

A small amount of gold, viz., £7,000, was taken
nto the Bank of England yesterday.
The steamer Ellora, which leaves to morrow for
Bombay, will take out £18,700 in gold and
£91,680 in silver.

Notice has been given that the half year's interest
on Turkish 6 per Cent. Bonds of the Loan of
1854 will be payable on and after the 10th proximo,
and it is also announced that the Bonds drawn for
redemption, amounting to £40,150, will be paid off
at par on that or any subsequent day.
A call of £3 per share has been made by the
Watford and Rickmansworth Railway payable, on
or before the 10th proximo.

An undertaking, entitled the Metropolitan and
Provincial Bank, has just been introduced with a
capital of £1,000,000 (with power to increase it to
£2,000,000), in £lOO shares, of which it is proposed
not to call up more than £25 per share. It is to be
established under the Joint Stock Banking Companies
Amendment Acts, which limit the liability of each
shareholder to the amount of the shares held. The
list of directors comprises gentlemen of unquestion-
able respectability, and, if properly managed, it will
no doubt prove a very remunerative undertaking.
There is rather more firmness in the market for
Public Securities to-day, but business is very dull.
Consols closed yesterday at 93, 931 for transfer, and
936 for the account, but they are now t. per cent.
better, viz., 931 I, and 931 Z- respectively, in conse-
quence of a few speculative purchases. The New
Threes are steady at 90-: 91 1; the Reduced at 90/
91. Exchequer Bills, March, at ls. dis. to 2s. prem ;
ditto, June, at ss. to Bs. prem. ; India 5 per Cent.
Loan is flat at 1031 i ; but the New Scrip is firm
at 103/.

A fair amount of business has been transacted in
the Foreign Market, but prices, in some instances,
show less firmness. Turkish 6 per Cents. are 851
86 ; ditto, 1858, 69 to 6911 Mexican have fluctuated
from 25t- 261 to 251, being flatter ; Grenada are
steady at 165 17; Brazilian at 911 ; Spanish at 501;
ditto Deferred at 424; and Venezuelan at 201 ;
Sardinian are firmer at 811.

The transactions in American Securities during
the past we(k have not been very extensive, and
prices have not exhibited much variation. The
following remarks are from the circular of Mr. E.
F. 'Satterthwaite :—" We have had a dull market
in London for American Securities during the past
week, but in the last few days there has sprung up
a more active inquiry, especially for Virginia Six
per Cent. Bonds, Illinois Shares, and Erie Shares.
New York Central Shares are steady at 66, and
Illinois Construction Bonds at 80."

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

1861. 1860.
Great Western
North-Western
South-Western ' 21,606 20,372
Brighton 21,061 20,372
Midland
South-Eastern
Great Northern 34,351 27,795
Lancashire and Yorkshire
Bristol and Exeter 7,084 7,097
North-Eastern .
Nos th British 6,959 6,290
Manchester, Sheffield, and Lincoln
Great Southern and Western, Ireland
Edinburgh and Glasgow 7,266 7,080
Grand Trunk of Canada
Great Western of Canada

These returns, except in particular instances
owing to local circumstances, are of an unsatisfac-
tory character. On the North Western there is a
decrease of £460 ; on the Midland, of £390 ; on
the South Eastern, of £966; on the Lancashire and
Yorkshire, of £291; on the North Eastern, of
£1,593 ; on the Grand Trunk of Canada, of £4,720;
and on the Great Western of Canada £1,398. The
Great Northern however in ennßoquonoo of Doncaster
Races, shows an increase of £6,556; the Great
Western an improvement of £1,505; the South
Western Of £1,234 ; the Brighton of £689 ; and
the Manchester, Sheffield, and Lincoln of £1,347.
Business in the Railway Share Market continued
moderately active, and a slight improvement was
apparent in several of the principal undertakings.
Eastern Counties advanced £1 ; Great Northerns,
10s. ; and Lancashire and Yorkshire, and Mid
lands, ss. Caledonians, Great Westerns, and South
Easterns declined os. ; and Manchester, Sheffield,
and Lincoln, 10s.

In the Foreign and Colonial lines the dealings
were limited, without any material change in
values. South Austrian and Lombardo-Venetian
and San Paulo were a shade flatter, and Great
Indian Peninsula declined ss. Bombay and
Baroda and Madras 5 per Cents. declined 10s.

Joint-Stock Bank and Miscellaneous Shares
have shown a slight advance. Union of London
have risen to 27f, ; London Joint Stock to 31f ; and
Peninsular and Oriental Steam to 67j.

BRITISH FUNDS—ONE O'CLOCK.
3 per Cent. Reduced Annuities 9l 901
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
India Stock. OO P •
Ditto 5 per Cent.
17i1 co Loan Scrip, 5 per cent .. . 1034
Dirco Enlaced Paper, 4 per Cent —
Ditto 5 per Cent.
Ditto 54 per Cent
D ii,, Bonds £l,000
Consols for Account, Oct. 10 034
India Stock for Account, 5 per Cent

March.
Exchequer Bills, £l,OOO, 2d 2 pm 1 dis
D./1-0 £5OO ..
Ditto Small

June.
8 pm

5 8 pra

FOREIGN FUNDS-ONE O'CLOCK.

Brazilian, 5 per Cent . —
Ditto 44 per Cent., 1860
Nl exican 3 per Cent ..
Ditto Account
Nevi Grenada Active, 34 per Cent.
LI iissian 5 per Cent. 1822. £ St • • --
Ditto 3 per Cent. 1859..
'ardinian 6 per Cent .
Ditto Account
Spanish 3 per Cent
.. ..
Ditto Account
Ditto New Deferred

Ditto Account
Ditto Passive
Spanish Cert. of Coup. not funded...
i urkish 6 per Cent ..
Ditto Account
E Ditto New Loan
Ditto Account
Ditto £lOO Bonds
Ditto Guaranteed, 4 per Cent.
Venezuelan 3 per Cent
Ditto Account '
Dividends on the above payable in London.
Datch. 21 per Cent., Exchange 12 Guil.
TW O'CLOCK.
.
Consols, Money O L K
Ditto Account 93h 1
93/ 1

The Earl and Countess of Scarborough have been
entertaining Colonel and
Lady Caroline Towneley, Lord
a succession and Lady Norreys, and of visitors at their seat
Ticknell Castle, Yorkshire. , ,
The London Board of the North British Insurance
Company have resigned in a body. Dissatisfaction with
the views of the company in Scotland as to future manage-
ment of the English business, which is
car-
ried on upon principles unsuitable, in their
roposed to be
country, is the alleged cause of the disruptitnion, for this
CAMBRIDGE, SEPT. 24.—Crumen RE,
DTG.—
The English Lecturer at Corpus Christi College
the usual course of theoretical and practical instructionwill give
to
candidates for holy orders, commencing Tuesday, Bth Oct.
Certificates will be granted.
The attractions of Nice will be increased during
the winter by an exhibition of the fine arts, which is to
take place during the months of December and January.
Preparations for it have already commenced.
Tho Espero of Turin states that Commander
Buoncompagni has been appointed Professor of Constitu-
tional Law, and Signor Mancini of Civil Law, to the
Princes of Italy.
---

NAME FOR A NEW STRONG AMERICAN DRINK.
The Union-Smasher.—Punch.
THE GREAT DISEASE OF THE CIEJRCIL—"
uracy.—Punch.