The Sun.
London, England, 1862-07-09 00:00:00

CITY NEWS-YESTERDAY.

Increased ease prevailed in the discount market.
The rate for good bills has declined to 22_ to 21 per
cent• At the Bank of England, where the divi-
dends are payable to-morrow, there was a moderate
amount of business.

At Paris to-day the Three per Cent. Rentes
Opened at 68.30, and closed at 68.15 for money,
and 68.30 for the account, being per cent. lower
than yesterday.
The Spanish Government announce for the 30th
inst., at Madrid, an auction for the extinction of
the Three per Cent. debt. The sum destined for
the purpose is 14,997,645 reals vellon, or about
£150,000.
The amount of gold sent into the Bank to-day
Was £109,000, making £681,000 since the last re-
turn.

An extraordinary meeting of the London and
Yorkshire Assurance Company will be held on the
14th inst., to transfer the business to another com-
Pany.

The gold discoveries have caused some excitement
to-day in the shares of the Van Diemen's Land Com-
Pany, which experienced a fresh rise of about £3.
A special meeting of the Ceylon Railway Cora-
Puny is called for the 23d inst., to receive a final
report from the directors, and to dispose of the
remaining property of the company.

CITY NEWS---THIS DAY.

CITY, TWELVE O'CLOCK.

Including the £109,000 taken there yesterday
the influx of gold into the Bank of England since
the date of the last return already represents a
total of £681,000. It is consequently expected
that the return to appear to-morrow evening will
show a further accumulation of bullion, although
the full effect of the recent receipts may not be
exhibited, owing to the payment of the dividends,
Which is likely to have increased the circulation
of coin.
Gold is now about 3-10ths per cent. dearer in
London than in Paris, and 1-10th per cent. higher
here than in Hamburg.
The Oneida, which left to-day for the Brazils,
took out £12,230 in gold.

With regard to the silk trade, the following re-
barks are from Messrs. Durant and Co.'s circular :
We have a dull heavy market in silk with very
limited business. The last fortnight has been espe-
cially quiet—the reduction in price in the early part
Of the month and the absence of arrivals in the
latter part having equally failed to rouse the atten-
tion of Buyers or induced any renewed dis-
Position to purchase. The advices from China
by the last mail and also by the telegram
received yesterday were more or less of a charac-
ter to give strength to the market, but beyond
any increase in the desire to realise they produced
no effect —about 4,000 bales China and Japan silk
are now about to be landed. The deliveries are
only moderate, but so small have been the arrivals
that the stock shows a diminution of 2,000 bales.
Of Italian and French silk the uncertainty as to
crop may be considered settled, the result being
probably that the aggregate will be about the same
as last season. There is considerable variation in
various districts, and so also in prices. In Persian
silk the arrivals have been comparatively large, but
almost the whole had been sold for arrival.

Two O'CLOCK.
There was a meeting to-day of the Union Baak
In London proprietors, when it transpired that the
net profits for the half-year ending 30th ult.
_amounted to £75,522, which, added to the sum of
4;22,460 brought forward from December last, gave
an available balance of £97,982. An increased
dividend of 15s. per sb.are was therefore declared,
free of
income-tax, payable on and after the 21st
Tst• This distribution will absorb £45,000, and
°,OOO was appropriated to the Reserved Fund,
leaving a surplus of £2,982 to be carried forward.
Thequiet,
demand for money to-day is exceedingly
and many of those who require accommoda-
tion are postponing their operations until the result
bathe weekly meeting of the Bank of England shall
transpired, the impression being that the mini-
Ittil.3l may be reduced to the extent of 1 per cent.
Is presumed that the resources of the establish-. ment have been largely augmented, and that the
directors, even if they do not make an alteration to-
morrow, will soon deem it expedient to adjust their
ter ms more an accordance with the general condi-
tion of the market.
There has been a meeting to-day of the credi-
tporrasteorf,
Ithaecyfirms of Marshal, Lac and Co., and
kers. and Co.,shipping y'-
o and insurance bro-
Aftet: Lacy,
explanations by Mr. Jay, or the
firm •
of Quitter, Ball, Jay, and Co., the accountants,
it was restved to adjo-arn for three weeks, in order
to enable
fer committee already appointed to con-
, with the
and their friends with a view
Lo prevent
Court.
More actitvhitey estate going into the Bankruptcy
•
Market to- d
businesswas displayed in the English Stock
Atay,ficming to an increase of speculative
coLsoisrsbtec.onsiderable buoyancy was per-
ceptible,
August, but Wing
for 921- 1,- for money, and 92a
pressed a reaction hea to realise profits baying been
I respectively. occurred to 92, 921, and 921
have advanced toThOe2l3B New Threes and the Reduced
a;nkExchequer Bills remain at
15s. to 18s. prem. ;
Lo Stock is flat at 235; and
India Five per Cent.
Important fluctuations huavies
Egyptian Scrip. At the alg"ailntaken place in
7,
accirencement of busi-
ness they advanced to
; .but. have
asincet
receded to 61 7 prem.; Ru4sslianinSc
?F. dia.; Mexican have improved troll) 285 s eT
steady at
Spanish Certificates, 91 1-; Turkish 6 per Cents.,;T
1854, are 841 85; ditto, 1858, 711 3
4 j and the New
Scrip has advanced to 11 1- prem.
In the Railway Share Market business has been
rather inactive, and prices have shown little change
of importance. Caledonians, M
and Lincoln ester, Sheffield,
however, recededauehah out 55., while
Eastern Counties, and North Eastern (Berwick)
have improved ss.
For the Foreign and Colonial lines the enquiries
were also limited. Great Luxe b ourtg remain
firm at 14,1 ; Bahia and San Fran:llse laBtl2;2aind
south Austrian and Lombardo-Venetian
East Indian have improved to 105 and 05;1,
i ; and Greet;
Madras 5 per Cents. to 1001 101
Indian Peninsula continued steady at 1(41.
Joint-S'‘ock Bank and Miscellaneous Shares were
dull. A.lliance of London and Liverpool, however,
realise 10-1- 111 ; Ottoman Bank, 261 1,; General
Steam Navigation 261 ; Van Diemen's Land Shares
have further improved, viz.) to 141 15, and Royal
Mail Steam to 54.
Bank Stoc
33R1
kTISH FUNDS—CLOSING PRICES.
235 6
per Cent •• ''
5 3 per C u
ent • Reduced Annuities
92
921 I i 2 i }
New , , Consols Annuities
925 ± 2 i 2
Incji..: ToreiCtent. Annuities
li",.itt() 6 per Cent... ' *********************
—lOBl a a i 8
itto Ever
Ditto 6 - Paper, 4 per Cent
D. per C' Lent..
itto 65 Per
110 5
Ditto Cent. Debentures
1.)i",, Londe 13 og per Cent., Oct., 1863 1001 100
I itto under £1:000
Consols for Accounts Ju.iy. . .6 ..
'3er Cent
Exchequer Bills Z1v,011001:i ;132i
FOREIGN 15 18
Brazilian, 5 per Cent... CLOSING PRICES
Ditto 4 per Cent., 1852-.W(IP . -
Ditto Account
Egyptian, 7 per Cent., Seri
Ditto, Paid up Scrip .... '
Italian 5 per Cent. (Maretu'ina.u. a. . Hal ' 881 91 gi
lway) Ditto
5crip..............
Mexican, 3 per Cent ................................
281. .......
Ditto Account
Portuguese 3 per Cent., 1853 ...
Ditto Account ..................
tinssian 5 per Cent 18:22 £ St ............. 44 5
Ditto Account ........................ q- - , , Ditto O per Cent., 1862, Scrip. .......... i' I 51
Spanish 3 per C'ent ..................... 4.....
Ditto Passive. „ ..................... 191 Spanish Cert. of Coup. not funded ...... e1."4. 5 Turkish 6 per Cent. 1854 .............. • ` 4 4
Ditto Account .. ......... 841 6
Ditto 6"per Cent. 1858..,,,,,,.."'•••
........ --
1)i tto Account ...................... 71 1 a A i Ditto 1862 (Scrip) .................... 15 1 :1,4 1 2
Ditto, Paid up Scrip ......... 6‘3 95 gl 91 Dividends on. the above payable in London. -1
Italian, 5 per Cent., 1861, Ex. 25f. ...... 70
THREE O'CLOcx.
Consols, Money ..
Ditto Account ... IMMO 925 i