The Sun.
London, England, 1862-07-21 00:00:00

MONEY MARKET.

CITY NEWS—SATURDAY.
The American rumours current, yesterday being
disproved, the stock markets to-day showed in-
creased dulness, particularly Midland and Lanca-
shire and Yorkshire stocks, which fell * per cent.
The funds, after sustaining a decline of s, closed
at yesterday's quotations. In the other markets
business was limited, and the alteration in prices
unimportant.
The American advices to-day show that the in-
evitable effect of the large issues of irredeemable
government paper is now making itself felt in a
striking manner. The exchange has risen tol2B-1-,
with great excitement, and the premium on gold to
161 per cent. Silver commanded 8 per cent. prem.
Public securities had not risen in anything like

equal proportion.
There was a moderate demand for money in Lom-
bard-street at 2i per cent. for good bills. At the
Bank of England discount-office very little business
was done.

At Paris to-day the Thtee per Cent. Rentes
opened at 68.40, and closed at 68.35 for money and
68.40 for the account, being sc. better than yester-
day.

Thirty-five thousand pounds in gold was taken
to the Bank to•-day.

Vice-ChancEillor Kindersley proposes on the 28th
inst. to make a call of £5 per share on the contri-
butories of the British Provident Life and Fire
Assurance Society.
A telegram, from Lisbon announces the suspen-
sion of Messrs. Amorim, Fragoso, Santos, and Co.,
of Pernambuco. This house, which carried on a
banking business, was established only two or
three years ago. The amount of the liabilities has
not transpired.

CITY NEWS---THIS DAY .

CITY, TWELVE O'CLOCK.

The ac counts from the maNufacturing districts for
the past 'week are again of a satisfactory character
except as regards Manchester, where business was
in a great measure suspended, owing to the Ameri-
can intelligence. The woollen trade at Leeds re-
mained moderately active, and at Bradford, Hud-
dersfield, artd Halifax some considerable sales have
been effected in goods suitable to the Canadian
markets. The hosiery and lace departments of
Leicester anti Nottingham have been brisk. In the
hardware ills tricts, however, there has been no ma-
terial improvement, and at Birmingham, Sheffield,
and 'Wolverhampton, the dealings were principally
Confined to ,firtiQles suitable for immediate home
requirements.

Business has been resumed in the Money Market
this week on a very limited scale, and affairs still
present an extremely quiescent appearance. The
current terms; for first class bills with the joint-
stock and private establishments are 14 and 2 per
cent., and the consequence is that very few en-
quiries are received at the Bank of England.
Under the circumstances, it will not create sur-
prise, if the directors of that establishment, at
their mee ting on Thursday next, should reduce
their minimum quotation to 2 per cent.
The b alf-yearly meeting of the Mediterranean
Extension Telegraph Company will take place on
the 7th proximo.

Two O'CLOCK.

Rather more firmness is perceptible in the Mar-
ket for Public Securities, but the transactions are
rather restricted.
,Consols are 928 9/ for money
and the 7th proximo. The situation of monetary
affairs promotes buoyancy, but the uncertainty felt
With regard to the progress of events in America
prevents active speculation. The New Threes and
the Reduced are 9314 ; Indian Five per Cents.
have been dealt in at 1.071 1084.; the Five per
Cents. Enfaced, at 1031 ; Exchequer Bills, at 18s.
to 20s. prem.

The principal subject of conversation in the
Stock Exchange circles today is the new Portu-
guese loan for £5,000,000, which, at the price of
issue, viz., 44, will yield, after allowing for dis-
count, &c., a net amount of £2,162,500. It opened
this morning at a 1 prem., subsequently advanced
to 1 13, and is now 1,1 prem.

The Foreign Market is quiet, and very few
changes have taken place in prices. Turkish 6 per
Cents, are 841, 1, and the 1858 Loan, 721 731.
Business has been done in the Egyptian Loan Scrip,
at 9 prena.; Spanish Certificates are marked 91 -1;
Russian Scrip paid up, 931 s ; and Italian 5 per
Cents., 70t •
In the Railway Share Market the operations
to-day were of a very restricted character, and in
one or two instances prices exhibited rather less
firmness. London and North Western have re.
ceded 55.; Bristol and Exeter 10s., and Great
'Northern A Steck, 15s. ; North Eastern York, how-
ever, has improved 10s.
The Foreign and Colonial lines continue inactive
without any change of importance in prices. San
Paula realise 91; Bombay and Baroda, 1004 101 ;
East Indian, 1041 ; and Madras 411 per Cents,, 95.
Joint Stock Bank Shares are in active request,
and at enhanced prices. London and County have
IruProved 10s. ; Metropolitan and Provincial, ss. ;
Bank of Egypt, 10s. ; and Ottoman Bank, 10s.
In the Miscellaneous Market Peninsular and
"'lentil' Steam have improved to 711.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock
a Per Cent. Reduced Annuities 93
93 onsols
24
~Per Cent. C A
93/ i
ew
3 per Cent. Annuinties
nuities
225
Inche Stock
1074 Ditt 5 er Cent.
Dittoo Enfaced Paper, 4 per Cent 22 8
Ditto 5 per Cent
Ditto Debentures, 4 per Cent., Oct., 1863 103 k
_obuitto Bonds XL
Ditto ditto April, 1864 100fia
000
27
,1-,: sols for Account, Aug. 7 93
blzchequer Bills £l,OOO, 3 per Cent 2l 18
Ditto £SOO
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian, 5 per Cent.
Ditto Account . 101
Ditto 41 per Cemt., 1852-58-60
Egyptian, 7 per Cent., Scrip
Ditto, Paid up Scrip 9ll
Italian 5 per Cent. (Maremmana Railway)
Ditto Scrip...
New Grenada, 2 per Cent
-Russian 5 per Cent 1822 £ St ..
Ditto b per Cent., 1862. Scrip —
Ditto Paid-up Scrip
Sardinian 5 per Cent 844
Spanish 3 ner Cent ..........
Ditto New Deferred
Ditto Account ......... .. ..... : -41
Spanish Cert. of Coup. not funded ..
.....
9/
Ditto Account ....................... . . 84k
Turkish 6 per Cont. 1854 ...
Ditto Account
Ditto 6 per Cent. 1858 B4
.. .
Ditto Account
Ditto, XlOO Bonds
Ditto 1862 (Scrip)
Ditto, Paid up Scrip 69a
Dividends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. 2SE.
TWO O'CLOCK.
Consols, Money
Ditto Account

CRYSTAL PALACE.—There will be a full display
four
(4 the great fountains to-morrow to commence at
O'clock. It is not generally known that th
tweb
lofty water towers which specially supylythe
a level with the es of St. Paul's, and the towers are 250
feet high. m oasjeetsofistioin
PENSIONS.—Mr. Disraeli is not striving for
()face in the hope of securing a pension, as some of his
friends allege. He has alreadypu obtained one, appears
urn
in the Parliamentary retblished this week, as
drawing and
£2,000 a-year. He, Sir G, Grey, Lord Glenelg
and Lord Colchester are the only men
of ministerial
rank now on the list, Lord Eversley receiving his
£4,000 a-year for service as Speaker. Not even
his political opponents will grudge Mr. Disraeli a grant
earned by laborious, if not very successful service, parlicu-
larlY when they see that he receives only half the pension
of Mr. John Granville Penn. Who in the world is he that
the nation should be paying him £4,000 a year, the salary
a Puisne Judge, for doing what f—Spectator.
EDUCATION OF PAUPER CHILDREN.—On Satur-
day a new act of Parliament was printed to provide for the
education and maintenance of pauper children. The object
of the statute is to give facilities to guardians of the poor to
Provide education and maintenance for poor children.
Guardians may now send poor children to certified schools
and pay the expenses of the same, so that the sum does not
ceed the amount which would be incurred if the children
Were in the workhouse. The children may be removed,
aud no child who has a parent is to be sent without con-
itent, nor is the continuance at school to be compulsory.
N 0 child is to be sent to any school which is conducted on
the principle of a religious denomination to which the child
does sot belong.

SHARE MARKET---THIS DAY.

ORDINARY SHARES AND STOeftS.