The Sun.
London, England, 1861-09-20 00:00:00

MONEY MARKET AND CITY IVEWS.

CITY, Two &CLOCK.

The -Bank of England return completed to the
18th inst. shows some very favourable features.
The bullion owing to the arrivals from Australia
and the Continent has been augmented to a con-
siderable extent. The reserve of notes also shows
an important addition. In the other securities
there is a slight diminution consequent upon the
easier state of the Money Market. The other
items of the balance sheet present little variation
of importance, and they will be seen in the sub-
joined table.

Active Circulation .. • • .. £19,836,180
Decrease .. • . • • • • 16,650
Stock of Bullion .. .. .. 13,999,792
Increase .. .. .. .. 350,390
Rest .. .. • . • • .. 3,790,874
Increase .. • • .• .. 2,604
Public Deposits .. .. .. 5,061,928
Increase .. .. .. .. 193,919
Other Deposits.. .. .. .. 12,442,850
Increase .. •• •• •• 85,170
Seven Day and other Bills .. .. 704,792
Increase .. .. •• 1,834
••
Government Securities .. .2_ 10,450,800

No alteration.
Other Securities .. 17,289,032
Decrease • . • • •• •• 83,513
Notes unemployed. .. .. 7,987,265
Increase .. 360,380
About £600,000 in gold was sent into the Bank
of England yesterday.

A call of El per share, amounting together to
£46,154, becomes due to-day on the London and
Blackwell Railway New Shares.
Continued activity prevailed in the Liverpool
Cotton Market yesterday, and the recent advance
was well supported. The sales were 20,000 bales.
The market for American securities during the
past week has been more animated. The subjoined
remarks are from the circular of Messrs. D. Bell,
Son, and Co. :—" During the past week there has
been rather more activity in the market for Ameri-
can securities, and transactions to some extent have
taken place in United States Five per Cent. Bonds,
at 71 to 72 ; Virginia Six per Cent., 471 to 48; ;
and Pennsylvania Five per Cent. Bonds, 71 to 72.
Stocks are not freely offered for sale, and prices
generally are firmly sustained."
The reduction in the rate of discount does not
appear to have stimulated the general inquiry for
accommodation, the market still presenting an ex-
ceedingly quiescent appearance. At present there
is no material alteration to report in the quotations
demanded by the joint-stock banks and private
establishments, but the tendency is downwards,
and further concessions will no doubt be made in
the course of a few days, owing to the competition
excited by the abundance of money and the com-
paratively limited requirements of the mercantile
community.

During the last few days there has been more
animation exhibited in the market for Foreign and
Colonial Produce. At the public sales of tea just
concluded full rates have been obtained for good
and fine descriptions. Sugars have been in in-
creased demand at enhanced prices. Coffee has
continued in active request, and high prices have
been obtained for superior descriptions of planta-
tion Ceylon. Rice, cocoa, and spices have con-
tinued in fair request, but saltpetre and tallow have
slightly given way. P.Y.C. on the spot is quoted
475.; and last three months' delivery, 475. to 48s.
per cwt.

Intelligence has been received this morning by
Messrs. Glass, Elliot, and Co., from Port Vendres,
informing them that the Submarine Telegraph
cable, lately laid between that port and Minorca,
has been joined to the cable laid between Algiers
and Minorca in September last, and that a direct
communication is now established between France
and Algiers.

The dealings hi the English Stock Market to-day
have been very limited, and the fluctuation has
been merely fractional. A few sales took place at
an early hour, and the improvement of a per cent.
which occurred yesterday afternoon was no longer
maintained. Consuls for transfer have been 93* y,
and 931 for the account. The New Threes are
fiat at 911 ,-1; the Reduced are firm at 911 4;
India Stock has advanced to 223 ; ditto 5 per Cent.
remains at 1034 104; ditto 5 per Cent. Enfaced
Paper has risen to 961 I; and the 51 per Cent. is
steaty at 103 1.
Ir :the Foreign Market the only movement of
importance has been the renewed buoyancy of
Mexican Bonds, which have been dealt in at 24,
and are now at 23.1 I. Turkish 6 per Cents. are
83i 4 ; ditto 1858, 681 69 ; Brazilian 41 per Cents.
have improved to 911; Buenos Ayres Deferred are
flat at 281; Russian 5 per Cents. are 994 ; Spanish
491 50 ; and Italian 5 per Cents. 70-1 1.
In the Railway Share Market business has .
con-
tinned inactive, and the few dealings recorded in
the English undertakings show a further slight
depression. Great Westerns, Manchester, Sheffield,
and Lincoln, and Midlands have receded 55., and
Lancashire and Yorkshire 15s. Eastern Counties,
North-Westerns, and South-Easterns support pre-
vious rates.

The Foreign and Colonial lines have been in
limited favour. Recife and San Francisco, however,
have improved £l, and Bahia and San Francisco 55.;
East Indian and Great Indian Peninsula realised
previous prices, but Madras 5 per Cents. declined 10s.
Joint-Stock Bank and Miscellaneous Shares are
flat without material alteration in quotations.
Australian Agricultural have declined to 29 and
29!, and Peel River Land to 48i.

BRITISH FUNDS--ONE O'CLOCK.
¶per Cent. Reduced Annuities 9l/ i
3 per Cent. Consols Annuities
New 3 per Cent. Annuities 9l 1 4
'Julia Stock. .
Ditto 5 per Cent.
Ditto Enlaced Paper, 4 per Cent —
Ditto 5 per Cent. 96 5
Ditto 5f per Cent 1034 i
i)itto Debentures, 4 per Cent., Oct., 1863
Ditto 1859
Consols for Account, Oct. 10 94 4
March June.
Exchequer Bills, £l,OOO, 2d 2 pm 4 7 pm
afro £5OO .. 4 7 pm
Ditto Small
- -

FOREIGN FUNDS—ONE O'CLOCK.
Brazilian, 5 per Cent. • •
Ditto 41 per Cent., 1860 ' 911 1
Buenos Ayres, 6 per Cent —
Ditto Deferred
Mexican 3 per Cent
Ditto Account
New Grenada Active, 31 per Cent.
Ditto Deferred 5/
Russian 5 per Cent. 1822, £ St . 99f
Spanish 3 per Cent.
Ditto Account
Turkish 6 per Cent
..
Ditto New Loan
Ditto Account
Ditto £lOO Bonds
Dividends on the above payable in London.
ALustrian's per Cent. Ex. 10 Florins 5ll
Italian, 5 per Cent., 1861, E.. 251.
TWO 0' cLO C K .
Consols' Money
Ditto Account

SAILING OF THE EDINBURGH.—The Liverpool,
New York, and Philadelphia Steamship Company's screw
steamer Edinburgh sailed onWednesday for New York. She
took out a ship mail, and had besides 20 cabin passen-
gers. She also took out £l,OOO in gold on freight. It is
expected she will carry out a considerable number of the
passengers which left Liverpool on the 10th inst. in the
Great Eastern, now lying disabled off Cork.
THE NEW ZEALAND DIFFICULTY.—The Maories
were petted and pampered as a wronged people, and allowed
to play at having a king,The result has verified the pro-
phecies of the colonists, who have been lately most unjustly
charged by members of the Church party with fostering
the very movement they alone condemned. It has been
asserted that they desire the extermination of the native
xaee, than which nothing could be more opposite to their
feelings and even self-interest. It is the colonist who would
gladly throw down the barrier, kept up by the clergy, and
treat the Maori as a brother-subject of a glorious constitu-
tion, and this is what the Protection Society !o vehemently
oppose. The Maori would then be absorbed in the flood of
emigrations; his nation would become an historical relic,
his language a dead letter. The whole policy of keeping
them a distinct people would be rendered vain, and the in-
calculable labour and expense the missionaries had been at,
So, by translating the Scriptures, unnecessary. according
to the missionaries, the Maori must have separate laws,
language, and rights.—Once a Week.
According to the Augsburg Gazette the Prussian
Government seriously contemplates reforming the Chamber
f Nobles, " which, as at present constituted," tar that
journal, " has not been, and never will be anything el se
than an embarrassment to all legislative action in the spirit
of constitutional progress, instead of being a moderating
power."

The Nationaletes of Turin, of the 15th, states
that the Bishop of Mileto in Calabria has been convicted of
conspiracy with the brigands, and condemned to six month
imprisonment, and a fuie of I,ooof.