The Sun.
London, England, 1862-07-23 00:00:00

MONEY MARKET.

CITY NEWS-YESTERDAY•

At the" Discount-office at the Bank of England
business was again slack to-day. In Lombard-street
good bills were discounted at 2 to 2s per cent.,
With exceptional transactions at still lower rates.
The amount of gold bought by the Bank to-day
was £43,000.

At Paris to-day the 3 per Cent. Writes opened at
68.40, and closed at 68.35 for money and 68.30 for
the account, being 1-16 to f per cent. lower than
yesterday.

At Vienna yesterday the exchange on London
declined to 126,20.

The success of the New Portuguese Loan is of a
very decided character. The applications up to this
evening have amounted to £20,000,000, the entire
amount of the loan being only £5,000,000 stock.
A large number of the subscribers are of the best
possible class. The list will be closed at 12 o'clock
to-morrow (Wednesday).

It is said that the expected loan for Venezuela
may be looked for next week.

The directors of the National Bank have this day
declared a dividend on the paid-up capital of the
company (X 600,000) at the rate of 8 per cent, per
annum, and an extraordinary dividend of 16s. per
share, being together £2 per share, free of income
tax, for the half-year ending 30th June last.
The Ottoman Bank have received from Constan-
tinople on account of the dividend due in Septem-
ber next on the Turkish 6 per Cent. Loan of 1858
a further remittance of £45,000, making a total
sum received of £llO,OOO.
The Madras Railway Company have paid into
the Bank of England to the credit of the Secretary
of State for India in Council the sam of X 75,990 on
account of the fifth extension capital of the com-
pany.

The Liverpool cotton market continues dull and
heavy, particularly as regards Surat sorts. The
transactions to-day were limited to 3,000 bales.
In our advertising columns will be found the
prospectus of the Thames Express Steamboat Com-
pany, which has been started under the most
encouraging auspices. The capital proposed to be
raised is £75,000, in 15,000 £5 shares, with a de-
posit of 10s. per share on application, and 20s. on
allotment. The promoters of the undertaking are
all thoroughly business men, and such is the.confi-
denee with which the scheme is looked upon that a
dividend of 6 per cent. per annum, payable half-
yearly, is guaranted for the first two years, special
security for that having been placed in the hands
of the directors. The object of the company is to
establish express steamboats upon the river be-
tween Gravesend and Chelsea, the vessels calling at
the intermediate piers. The boats of the company
will have saloons on deck, handsomely fitted out,
with sliding windows, from which either aide of
the river can be viewed on the passage. Shelter is
thus provided from heat and inclement weather,
Whilst the top
,will afford a,spacious and agreeable
promenade. Arrangements have been made for
the use of the piers, also for steamers to ran from
London-bridge and Chelsea (on sufficient capital
being subscribed), to take advantage of the traffic
to the Exhibition and other places of attraction up
the river. The immense increase on the river, and
the inability of the present steamers to accommo-
date the public, prove that an enlarged system of
steamboats is much required. The undertaking
cannot but prove a lucrative one.

CITY NEWS---THIS DAY .

CITY, TWELVE O'CLOCK.