The Sun.
London, England, 1861-05-25 00:00:00

MONEY MARKET AND CITY NEWS]

• ~1~

CITY, Two O'CLOCK.
The Bank of England return, completed to the
22d inst., is again of an unsatisfactory character,
the extensive shipments of coin to America having
caused a rather large diminution in the stock of
bullion. The reserve of notes has also been reduced,
while there is a large falling off in the private
balances. In the other securities there is a small
diminution. The other items of the balance•sheet
present no feature of importance. They will be seen
in the subjoined table :
Active Circulation
Decrease ..
Stock of Bullion
Decrease ..
Rest

.. £19,814,660

.. 228,230
.. 11,995,101

.. 387,345
.. 3,271,980
• • 10,374
.. 6,906,189
.. 181,002
11,201,313

Increase ..
Public Deposits
Increase ..
Other Deposits • •
Decrease ..
Seven Day and other Bills
Decrease Government Securities

390,226
OG 626,844
34,175
10,180,938
No alteration.
19,722,847
73,910
5,820,380
.. 157,81.5

Other Securities ..
Decrease ..
Notes unemployed ..
Decrease ..

About £16,000 in gold was purchased by the
the Bank of England yesterday, but 35,000 so-
vereigns were withdrawn for shipment to America.
The steamer Sultan, which leaves on the 27th
With the Bombay mails, will take out £191,891,
£31,011 in gold and the remainder in silver,
of which £50,000 is on Government account.
No change of importance was apparent in the
Foreign Exchanges yesterday afternoon, the rates
on Paris, however, were rather lower.
Meetings have been called of the creditors of
Messrs. Theodore Balli and Sons, and of Messrs. 0.
Hava and Co., for Tuesday and Thursday next
respectively.
There was an active demand for cotton in the
Liverpool market yesterday, and the recent
advance was well maintained. The sales were
10,000 bales.

The Australasian sailed to day for New York
with £221,300 in specie.
The following circular has been forwarded to the
creditors of Mr. E. Vitalis, Greek merchant, who
recently suspended :

"7, Gresham-Street, London, E.C., May 24.
" Re E. Vitalis.
" Since my circular of April 25, announcing the
pro forma adjournment of the meeting of creditors
of this estate, until May 27, Mr. Vitalis has re-
turned to London with the information, that the
two principal debtors to his estate, Messrs.
Schneider and E. Glavany, have effected arrange-
Melia in Constantinople to pay a composition of
12s. in the pound, as follows, viz.:—
" Messrs. Schneider and Co. :
" ss. in the pound on the collection of the sam
of £15,000 due to them by his Majesty the Sultan,
expected to be paid forthwith.
" 38. on 31st August, 1861, and 4s. on 30th April,
1862. Guaranteed by the private property of Mrs.
Schneider.
" Messrs. E. Glavany and Co. :
" 48. at five months, from Ist April, 1861.
" 48. at ten months, ditto.
" 4s. at sixteen months, ditto.
"These settlements have, however, been made
conditionally, that a release be given to Mr. E.
Vitalis on all bills bearing either his acceptance or
endorsement.

"Messrs. G. P. Vitalis and Sons have likewise
arranged to pay in full, in four equal instalments,
at three, six, nine, and twelve months' date.
" The liabilities of this estate having all matured
in sufficient time for the bills to be sent back, on
Constantinople, it is presumed that few, if any,
remain outstanding on this side.
" Any holders of bills upon which this estate is
liable, will be pleased to forward me their assent
to this arrangement forthwith. It is but right
that I should add, that the firms of Messrs.
Schneider and Glavany have both pledged them-
selves to pay, if possible, the remaining Bs. in the
pound, so that prospectively it may be hoped no
ultimate loss will accrue.
" I am yours faithfully,
" CHARLES F. KEMP, Public Accountant."
The market for public securities continues in a
quiescent state, with very little business either for
transfer or on speculation. Consols are 91 I for
transfer, and 911 for the account. The New
Threes are flat at 89k, the Reduced at 8911; Bank
stock is at 232 ; India 5 per Cent. Loan at 101 -1 a ;
Exchequer Bills are steady at ss. to ls. dis., ditto
advertised are 2s. dis. ''co 2s. pm.
Foreign Securities have been quiet, and prices
steady. Turkish 6 per Cents. are 711 ; ditto,
1858, 661 to 57 ; Brazilian are 99 ; Russian V; per
Cents. have improved to 911; ; but Spanish have
recaded to 51; Belgian 42 per Cents. remain at 97.
The dealings in the Railway Share Market have
been of a very limited character to-day, although
in several instances prices have shown increased
firmness. Great Westerns, Lancashire and York-
shire, North Westerns, Midland, and North Eastern
(Berwick) improved ss. ; and South Westerns and
West Midland, 10s.

In the Foreign and Colonial Market there was
very little business transacted. South Austrian and
Lombardo-Venetian realised 15Z- ; Dutch Rhenish,
131 ; Great Western of Canada 10i ; and Pun-
jaubs, 141.
Inuit Stock Bank and Miscellaneous Shares have
continued at about previous rates. London Char-
tered of Australia brought 234-; Oriental Bank,
461; Union of Australia, 391; General Steam
Navigation 261, ; and Royal Mail Steam, 47
to 471,

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
232
3 per Cont. Reduced Annuities B9l $.
3 per Cent. Consols Annuities
New 3 per Cent. Annuities B9k
India Stock .. . ........... )...
Ditto
5 per Cent Ditto Debentures, 1858
k
Ditto Bonds £l,OOO
Ditto under 21,000
15 dig
Consols for Account, June 6
Exchequer Bills, £l,OOO, 2d.....
Ditto £500
Ditto Small
Ditto Advertised
FOREIGN FUNDS--CLOSING PRICES.
Brazilian 5 per Cent .. 99
Ditto 4/ per Cent., 1860 BBl
Russian 5 per Cent. 1822, £ St ..
Ditto 41 per Cent.
lipmish 3 per Cent.
Ditto Account
Turkish 6 per Cent
Ditto Account . .
71k
Ditto New Loan
Ditto Account
Ditto £lOO Bonds
Dividends on the above payable in London.
Belgian 41 per Cent., Ex. 25f.
Consols, M TWO O'CLOCK.
Money TWO
Ditto Account 9ll i

THE WEATILER.