The Sun.
London, England, 1862-05-24 00:00:00

MONEY MARKET.

CITY, TWELVE O'CLOCK.
There has been a steady demand for discount
accommodation to-day at full rates.
Since Monday last the imports of specie have
been about £lBO,OOO, and the exports £1,300,000.
About £120,000 in gold was taken into the Bank
of England yesterday.

At the ensuing meeting of the London Chartered
Bank of Australia proprietors a dividend will be
proposed of 4 per cent. for the half-year, and the
reserve fund increased to £60,000.
A dividend at the rate of 5 per cent., together
with a bonus of 1 per cent., will be declared by the
directors of the Commercial Dock Company, at the
meeting on the 13th proximo. _ _

A moderate amount of business took place in the
• Liverpool Cotton Marketyesterday, and prices were
steadily maintained. The sales were 4,000 bales.
Subscriptions are invited for a Lausanne and
Fribourg Railway 6 per Cent. Loan, amounting to
£285,000 sterling in bonds at 95 per cent„ and
representing £300,000 stock. The loan to be repaid
in seven years by a sinking fund, and the principal
and interest are guarranteed by the general revenues
of the Canton of Fribourg, besides forming a first
mortgao3 on the Railway from Lausanne via Fri-
bourg to the frontier of Berne (about 54 miles in
length). The loan is to be applied to th© comple-
tion of the railway, of which 20 kilometres are now
open for traffic.

CITY NEWS---THIS DAY .

Two O'CLOCK.

The English Funds opened this morning with a
firm appearance, but subsequent sales led to a &-
cline of 1 per cent., which, however, has since been
recovered, and Consols are now 931 t for money,
and 921 for the account, less the dividend. The
New Threes are 911 ; the Reduced, 911 ; and
Exchequer Bills 10s. to 14s. prem. ; India 5 per
Cent. Loan, 1091 t ; ditto 5 per Cent. Enfaced
Paper, 102 t 103 i ; and ditto Bonds, 28s. prem.
A fair amount of business has been transacted in
the Foreign Market, and prices show more firm-
ness. Turkish 6 per Cents. are 80i 81 ; ditto,
1858, 70k; ditto New Scrip, 21 -a prem.; Egyp-
tian, lt prem ; Russian 5 per Cents., 97; ; ditto
New Loan, I prem; Spanish 3 per Cents., 54t; ditto
Certificates have advanced to 91 k ; and Mexicans
are 31t 2.
The operations in the Railway Share Market
have continued moderately active, and prices
itre generally a shade firmer. Great Western,
South Western, Midland, North Eastern (Berwick)
improved ss. ; Great Northern A Stock, North
Western and South Eastern, 10s. ; and Lancashire
and Yorkshire, £1 ; Brightons, however, de-
clined 10s. _ _

The Foreign and Colonial lines remained dull.
South Austrian and Lombardo-Venetian, however.
have improved to 211, and Great Indian Peninsula
to 103.

Joint stack Bank Shares remained inactive at
about previous quotations_

In the Miscellaneous Market Crystal Palace Stock
improved to 33-: 34 ; Peninsular and Oriental
Steam to 691 ; and Rio de Janeiro Improvement
to 261 -I.

BRITISH FUNDS—CLOSING PRICES.
.3 per Cent. Reduced Annuities 9ll
:3 per Cent. Console Annuities
New 3 per Cent. Annuities 9ll i
India Stock
Ditto 5 per Cent. lO9l 1
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent lO3l 2,1
Ditto Bonds £l,000
Consols for Account, June 10 ..
-Exchequer Bills £l,OOO, 3 per Cent l4 10 pm
Ditto £SOO

FOREIGN FUNDS—CLOSING PRICES.
Brazilian, 5 per Cent.
Ditto 4} per Cent., 1852-58-60
Egyptian, 7 per Cent
Mexican, 3 per Cent
Ditto Account
Tortuguese 3 per Cent., 1853 —
45/
Ditto Account
Ditto 3 per Cent., 1856, '7, '9, and '6O 45
liusPian S per Cent 1822 £ St 971
Ditto 3 per Cent. 1859 59/
Ditto, to per Cent., 1862, Scrip .1.
Spanish 3 per Cent
Ditto New Deferred
Ditto Passive. ,
Spanish Cert. of Coup. not funded
Turkish 6 per Cent. 1854
Ditto Account Bl
Ditto 1862 (Scrip) 2a i
Ditto, Paid up Scrip 7oi a a
Dividends on the above payable in London.
Italian 6 per Cent., 1861, ex 25f.
TWO O'CLOCK.
Consols, Money
Ditto Account

We believe it is likely that the Under-Secretary-
ship of State for War, vacant by the lamented death of Sir
Benjamin Hawes, will not be filled up, but that the office
of Assistant-under-Secretary, which lapsed on the demise
of Mr. Godley, will be revived.—Army and Navy Gazette.
La Patrie publishes the fcllo wring :—" A report
was spread yesterday of the recall of our expeditionary
corps in Mexico. We believe we may state that the report
is completely inexact. It is, moreover, asserted that the
proposed sending of reinforcements has been adopted in
principle, but that the details of that measure will not be
settled until the news has been received of the entrance of
the French into the city of Mexico."
RAILWAY PROGRESS IN THE EAST.—The require-
ments of the Board of Trade having been complied with, a
further portion of the Cohie Valley Railway will be opened
for traffic between Castle Hedingham and Yeldham on Mon-
day. The company will then have 13 miles of line in ope-
ra lion. The Ramsey Railway is about to be at once pro-
ceeded with. Sir Charles Fox is engisseer, and Mr. Simpson
has contracted for the works, which are of a light and easy
charetcter.
The two vacant captain's good-service pensions
will be allotted by the Duke of Somerset either this day or
on Monday: The delay which has taken place in bestow-
ing these substantial favours on their future recipients, has
been caused by the difficulty of selecting two officers from
the long list of deserving men which his Grace has had
to wade carefully through. The service may rest
satisfied from all we have heard that the claims of every
qualified officer have in this instance been most strictly
inquired into, and although we understand that two names
have been approved of by the duke, yet it is not even im-
probable that in the course of the day some alteration may
be made, thus proving the anxiety which exists to do sub-
stantial justice.- -Army and Navy Gazette.
The acting command of the 3d Brigade at Alder-
ehott will be rendered vacant by the appointment of Colonel
Haines
to be Deputy Adjutant-Genet al in Ireland, in suc-
cession to Colonel Eulroarrigg.—Army and Navy G, az**.
Colonel F. P. nAes, of the Bth Regiment, now
acting as Brigadier at Aldershot, will be the new Deputy
Adjutant-General in
weeks
seessioen to Col. Brown-
rigg, who, as we stated some wn
pay. Col. Haines has earned a high Brien;u;ationerbtsattho has.: f
a-
gimental and staff officer, his services in the field are most
re
distinguished, and his qualifications for his new post,
as a soldier and a gentleman, are undeniable. Should an-
other case of difficulty arise like that with which the name
of his predecessor has been so unfortunately associated, we
feel sure that Col. Haines will deal with it in a way to bring
neither discredit on the administration of the law nor per-
plexing troubles to the door of the authorities at head-
quariers.—Army and _Navy Gazette.
Captain F. H. H. Glasse, C.B. (1846), will, it is
atoted, succeed Captain Frederick Hutton as seuioir naval
officer at Bermuda. Captain Hutton's time exp.& on the
L ;thirst. Captain Glasse recently paid off the Terrible in
e iceellent order.—Army and Navy Gazette.
COLLISION AND Loss OF LIFE ON THE RIVER.--,
Y "esterday morning, at an early hour, a fatal accident oc-
curred on the river off Grays, to a waterman named James
Ju wy, residing at Gibson-street, East Greenwich. It were
pet axed that the deceased, and a man named Breslau,
were
proceeding down the river in a small boat, which was at-
t ached by a rope to a screw steam vessel. The boat was
b y some means run down and completely smashed by a
at 'cam tug, and Jury was struck into the water and drowned;
bi it Breslau saved his life by clinging to the rope until
as Edstance was rendered.
The directors of the Madras Irrigation Company
ha eve issued their report, to be submitted to the meeting on
th a 29th inst. It mentions various favourable facts con-
ne eted with the undertaking.
Captain Minchin, formerly of the 51st Light
Infai itry, and Quartermaster Hendry of the 9th Depot
Bath Ilion, have been appointed Military Knights of Wind-
sor.- -Army and Navy (Melte.
Gi )VERNMENT EMIGRATION. Her Majesty's
Emig ration Commissioners chartered yesterday afternoon
the ft alowing ships—the Utopia, of 949 tons, belonging to
Mess), Earned and Co., Liverpool, to sail from Plymouth
for Kcppal-bay, Queensland, at Ll 5 9s.ld. per statute adult,
to 1)3 ready for the reception of passengers on such day as
the ,(3canmissioners may appoint between the 14th and 24th
of next ;
London, to
tt o sailhefromJasper,
belonging to Mr. Henry
John I.la of 7Gravesend on the 23d
of June Llevt for Natal, Cape of Good Hope, at £l3 19s. 6d.
per state sa:kult.