The Sun.
London, England, 1862-07-08 00:00:00

MONEY MARKET.

CITY NEWS-YESTERDAY.

There is a rumour that a Spanish agent has ar-
rived in this country, charged with the mission to
endeavour to ascertain what the Certificate holders
would be likely to accept in settlement of their
claims.

The rise in the Egyptian Loan is promoted by a
belief that the additional issue of £BOO,OOO stock
will be offered to the existing bondholders, and that
the motives of its creation will be satisfactorily ex-
plained. No arrangements have yet been concluded
for the new issue, and we believe that the statements
made upon the subject are premature.
An instalment of 10 per cent. falls due on Thurs-
day next on the New Russian Loan.
A new undertaking is formed under the title of
the Billingsgate Fishing Company (Limited). The
object is to carry on the trawling, line fishing, and
carrying of fish, and the sale of ice. The proposal
is to combine into a common joint-stock undertak-
ing the interest of existing smack-owners of the
Thames, a number of whom, owning fifty vessels,
have already signified their aihesion to the project.
Reference is made to the economy with which a
large fleet may be worked, as compared with the
cost of several small ones. Special stress is appa-
rently laid upon the fact that " the directors are
secretly negotiating a treaty for the purchase of a
property which will carry with it the exclusive
concession of fishing rights on the best fishing
ground in Northern Europe, where the British flag
is now excluded." The capital is fixed at £50,000,
in £5 shares.

The Africa, being from Boston, has brought only
£13,000 in specie.
The monthly return of the Bank of France will
be published on Friday next.
The Liverpool cotton market to-day was firm at
the late rise, with sales to the extent of 15,000
bales.

The letters from St. Petersburg to-day describe
an improved feeling ou the Exchange.
The Harburg has arrived from China with
319,8001b5. of tea, and the Bride of the Seas with
632,7001b5, of tea and 616 bales of silk.
The " continuation" on Consols to the 7th of
August was g to a per cent.
With the increasing abundance of money, a great
demand has sprung up for Exchequer Bills, and
the price has risen as much as 6s. to-day, closing
at 15s. to 18s. prem.

CITY NEWS---THIS DAY .

CITY, TWELVE O'CLOCK.

In the Foreign and Colonial Produce Markets the
operations during the last iew days have been rather
limited. Tea, however, has fully supported pre-
/loos prices; sugars in some instances have
been slightly cheaper, while coffee has continued in
good demand at high rates. A rather large
amount of business has been done in rice, chiefly,
however, for exportation. In the tallow market
prices have remained steady for both present and
forward delivery.
At the forthcoming meeting of the Peel River
Land and Mineral Company a dividend at the rate
of 31 per cent. will be proposed.
The half-yearly dividends on the Namur and
Leige and Mons and Manage Railways will be pay-
able on and after the 15th inst.
There is an increase of £2,011 in the traffic re-
ceipts of the South Eastern Railway, and of £2,888
on the Brighton for the past week.

Two o'CLocK.
The Money Market is assuming an easier appear-
ance. Notwithstanding the reduced minimum of
the Bank of England, and the low range of quota-
tions
recently current in private channels, the joint
Stock banks and discount firms are disposed to offer
increased facilities. For some days past business
has been reported in special cases at 2,1- per cent ,
but 21 per cent. is now the rate which regulates
transactions of an exceptional character. The con-
cessions thus made necessarily prevents borrowers
from going to the Bank of England, and hence it is
inferred that the " other securities" of that esta-
blishment will speedily exhibit a considerable dimi-
nution.

One of the most important features at the Stock
Exchange is the buoyancy of Exchequer Bills,
'which have risen about 6s.—namely, to 15s. and
18s. prem. This advance is accounted for by the
abundance of money, and the prospect of sustained,
if not increased, easiness.

At a meeting to-day of the London and Green-
iwich Railway Company, a dividend of £1 7s. ld.
per cent., or ss. sd. per share, free of income tax,
was declared.

Another improvement of -} per cent. has taken
place today in the Market for the English Funds,
owing to the speculfhtors for the rise having slightly
increased their operations. Consols are now quoted
92g- I for money and the 10th inst„ and 921 Z
for the 7th proximo. The New Threes are firmer
at 911 921 ; the Reduced remain at 91i 92 ; India
Stock is 224 ex div. ; ditto Five per Cent. Loan,
1081
In the Foreign Market a rather buoyant tone
bas prevailed, but the dealings have not been very
extensive. The Egyptian Scrip has further im-
Prcived to 5; 1 prem. ; Russian ditto is flat at
; Spanish Certificates are steady at 9,5) ; Tur-
Tur-
kish 6 per Cents., 1854, are 84-4- 85; ditto, 1858,
70~711 ; and the New Scrip is 1 prem.
in the Railway Share Market the dealings have
14" moderately active, and prices have shown an
IPward movement. Eastern Counties, Great
im
Westerns
proved
, North Westerns, and Midlands have
Ss. ;
Eastern Lancashire and Yorkshire, South
, and Great Northern 10s.; South Westerns
and North Eastern (Berwick) have declined 55.,
and Caledonian 10s.
The Foreign and Colonial lines
have shown increased
firmness. Great Luxemhourg have advanced to 14Z
I; and Sambre
and 'Meuse, to 101 ; South Aus-
riastn and Lombardo-Venetian are firm at 221 ;
anadtlndian have improved to 104 i 1051 ; Bombay
to 101.
Bared have
to 101 ; and Great Southern of India,
Joint-Stock 14
vious rates. I,
`'atik Shares remain at about pre-
ondon Joint Stock realise 361 f Al-
Lon
of Lon
-Dank, 264. cinn and Liverpool, 10a i; Ottoman
In the M -
Iscellaneous Market there has been very
little business
Shares transacted. Van Diemen's Land
however, have improved about £2 to £3,
'viz-, to 121, 131, 14.

Bank Sntoitcik II TIS FUNDS--CLOSING PRICES.
3 per Cent. Reduced.... .. 236
Annuities
a_pewer ppenert. coluots Annuities 23
India k /
1:4
stuck 3 ent. Annuities Dittos
•91i 2t 2
Ditto Per
. iv
Ditto
Ditto ICibPer
Per Cent. P en
tonedntures, 4 per. Cent ,di /ex d
. 91/ 21
Cent. ................
t)itto . .... '. llO 4
COngols fo 8 41,000 .
0 t 1863 99i 100 k
Bache r Ace°uut J"' "c "
Detrtoßills 43 ' . ix;
Ditto Law. _,,,D)0,94,133 per Cent . .... 92
t 8
Pr -4. . ""QuO .......... .... 15 18
,___,.. Jilt/G.li
1,,,, .................. 15 18
-gru ..ilian, 5 per C u1"8"--CLOSING PRICES
Buenos Ayre, 6 ent. ...
.............. 100/
Ditto AccountPet‘ ee; t
chiiian 6
per
eel:. 4 4 ................... "--
Ditto 41 pet Cent''............ 96
tu 1`" '' ... .....
q ador
..,ew co . ..............
~gyptian, 7 per dier:lsateerid : 53171
Ditto, Paid up Scrip P ......
••••• ... 6k i a i
per Cent. (M.arenira.,l ....... .. ; ... 871 84
Italian 5
"Moorish Imperial 5 per Cent. a "."""caY) 71
Portuguese 3 per Cent. 1853 ... "• 96 I I
Ditto Account .... 1 .... . ........
4
Ditto 3 per Cent., 1856, '7;'.9., . ~- ...i' ..... 41i 4
Ditto Account .............. '1'4'60..
Thissian 5 per Cent 1822. 4 St .......... 11
Ditto b per Cent., 1862, Scrip,
......... --
Ditto Paid-up Scrip ................... Li-
Sardinian 5 per Cent .............. .. "I
Spanish 3 per Cent ... 83
...........
Ditto New Deferred................. "-
Ditto Account .................... - 4.7
Spanish Cert. of Coup. not funded ..... 0
Turkish 6 per Cent. 1851 ................ -a
1 i
Ditto Account ..
-Ditto 6 per Cent. 1858 ................ -...'
............
1)i tto Account
Ditto 1862 (Scrip) ............. . 1 i
Ditto, Paid up Scrip ........... Gsa 419
Ditto Guaranteed, 4 per Cent. ...... 103 r
Dividends on the above payable in London.
Dutch 2?; per Cent., Exchange 12 Gull. .. 61
Italia; 6 per Cent,, 1861, Es. 25f. ...... 701 a k 651
THREE O'CLOCK.
Consols' Money 'l4 i
Ditto Account