The Sun.
London, England, 1862-07-19 00:00:00

MONEY MARKET.

CITY NEWS—YESTERDAY.
The serious reports from America have to-day
caused a decided pause in the speculation in the
Liverpool cotton market. Low offers were refused
by holders, but in some instances they submitted to
a reduction of fully d. per pound.
It is stated that information has been received by
the diplomatic agents of Paraguay at the European
Courts of the conclusion of a convention by Mr.
Thornton, her Majesty's Minister Plenipotentiary
at Assumption, and Senor Don Francisco Sanchez,
the Paraguayan Minister of Foreign Affairs, where-
by all the difficulties so long jiending between Eng-
land and Paraguay, and respecting which a ques-
tion was lately asked in the House of Commons by
Mr. Maguire, have at length received an amicable
solution.

The ad'rices from Holland report a continued de-
mand for Portuguese stock. Portugal has not an-
nounced any public loan since the year 1835, and it
would appear that the bulk of the stock issued from
time to time since that period has been absorbed in
Holland, where a good portion of the coming new
loan will probably soon go. The private subscrip-
tions for the new stock are influential.

A notification has appeared from the Portuguese
Financial Agency giving the particulars of the pro-
gress of the conversion. It also states the amount
of bonds of all issues now in circulation, from which
it appears that the total does not exceed
£15,492,800. The extent to which stock is being
transferred to Lisbon for conversion into internal
debt forms a satisfactory feature.
It appears that the Mercantile Insurance Com-
pany is contemplating another important amalga-
mation. The negotiations are probaby not yet
complete, but are said to promise well.
The bulk of the dollars brought by the Shannon
(Mexican packet) have been disposed of 601 d. per
tea. This shows a decline of T-,d. from the price
obtained for the large arrival of last month, but of
ld from the rate last realized, rather more than a

fortnight ago. This heavy decline is caused by the
unfavourable tenour of the late advices from China,
which very much tends to check shipments in that
direction. The bar silver and dollars by the Seine
are not yet sold.
The scrip of the Egyptian Loan was again in
good demand at the commencement of business,
and was marked 9i prem., but the closing quota-
tion was t below that of yesterday.
The late heavy supplies from America and Aus-
tralia having been mostly cleared off the market, no
gold was taken to the Bank to-day. The Glasgow,
from New York, however, has brought £360,000.
The £112,000 Australian by tho Sussex has also
yet to be disposed of.

It is said that the forthcoming dividend in Otto-
man Bank shares will be extremely satisfactory,
the commission on the Turkish Loan having added
very largely to the profits of the establishment.
Apart, however, from this exceptional profit, the
high position which this bank has acquired in Tur-
key, both with the Government and the commer-
cial community has latterly brought its shares into
favour.

The mail steamer Ripon sails with £100,583 in
specie, of which £32,083 is for Shanghai, £22,765
for Hong Kong, £21,050 for Singapore, £20,000
for Calcutta, £2,530 for Madras, and £2,155 for
Ceylon. £15,385 is gold, and the rest silver.
_At Paris this morning, according to Mr. Reuter's
t eleg'ram, the Time per Cent. Rentes opened at
68f. 40c., being sc. better than yesterday.
The 1-;.ed Sea and India Telegraph Bill having
received tbe Royal assent, the next dividend, due
on the 4th of August, will be paid at the Bank of
England. _

The report of the Telegraph to India Company,
to be presented on the 25th inst., states that the re-
establishment of the line as far as Jubal island has
been attended with satisfactory pecuniary results,
since it appears that a revenue of about £7,000 per
annum may be expected from it. The investiga-
tion of the line between Aden and Kurrachee shows
that it cannot be repaired. The question of any
new operations will depend upon the resolutions of
the Treasury in relation to the Euphrates route.
The eancelment of £12,496 Portuguese Bonds is
officially advertised.

The Arabia, from Boston, has brought £70,400
in specie.

CITY NEWS---THIS DAY.

CITY, TWELVE O'CLOCK.

Unabated easiness is still experienced in the
money market, and as the best bills can be negotia-
ted without difficulty at 2 per cent., the inquiries
at the Bank of England, where 2f per cent. is
demanded, are consequently extremely limited.
The Ripon, sailing to-morrow (20th inst.) with
the India and China mails, will take out £100,585
in specie.

Since Monday last the imports of specie have
been about £868,000, and the exports £451,000.
;'At the ensuing meeting of the National Dis-
count Company a dividend at the rate of 6 per cent.
will be proposed.

Two o'CLocx.
THE NEW PORTUGUESE LOAN.

A new Portuguese loan for X 500,000, to be
raised in a 3 per cent. stock at the price of 44,
Will be announced on Monday. _

The English Stock Market is quiet, and very
little variation had occurred, Sales, however, have
slightly preponderated, and a decline of f per
cent. has taken place, Consols being 921 1 for trans-
fer, and 92/ for the account. The New Threes and
the Reduced are 931; Exchequer Bills, 18s. to
205. prem. ; Bank Stock has remained at 235 and
237 ; and India Five per Cent. Loan is flat, at
1071 1081.
The transactions in the Foreign Market have
been of an average character. Turkish 6 per
Cents. are flat, at 841 ; ditto, 1858, at 721 73 ;
ditto Scrip, at 11- 41 prem. ; Egyptian Scrip, at 81.
Italian Railway Loan has farther improved to 1
prem. ; Russian Scrip, to prem. ; Portuguese 3
per Cents. are 451; and Venezuelan, 231.
In the Railway Share Market the operations
have been restricted, and in some instances a
slight decline has taken place. Great Westerns,
North Westerns, and South Easterns have receded
55.; Midlands, 10s. ; and Lancashire and Yorkshire,
15sd Et
. ;Caledonians, however, have improved ss. ;
anEastern Counties and Great Northern A
Stock, 105.

The Foreign and Colonial lines have remained
without material variation.

Joint Stock Bank and Miscellaneoup Shares are
in some instances a shade firmer. London and
Brazilian realise 71; Canada Land, 100 ; and Rio
de Janeiro Improvement, 29.

BRITISH FUNDS—CLOSING PRICES.
Bank Stook
3 per Cent. Reduced Annuities 934
iper Cent. Consols Annuities
New 3 per Cent. Annuities
India Stook - • • --
1
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent
110
Ditto 5} per Cent.
Ditto Debentures Ditto 4
per Cent., Oct., 1863
Ditto_ .
April, 1864 100 i t
Consols for Amount, Aug. 7 92;
*Exchequer Bills £l,OOO, 3 per Cent
Ditto £SOO
Ditto Small
FOREIGN FUNDS—CLOSING PRICES
Buenos Ayres 6 per Cent
Ditto Account
Cbilian 6 per Cent
Ditto 4f per Cent
.• • 83
Egyptian, 7 par Cent., Scrip
Ditto, Paid up Scrip 9ll 9011 1
Italian 5 per Cent. (Maremniana Railway) 721
Ditto Scrip
, ........
(31-avian 3 per Cent
Portuguese 3 per Cent., 1853,..
Ditto Account
........ 45f
Anssian 5 per Cent 1822 £ St„
.
Ditto Account ....... . ................... . 96,1
Ditto 4f per Cent ...................... 90 a-
Ditto O per Cent., 1862, Scrip...
..
..... i
pm
Sardinian .5 per Cent ..... .
.. .. --
Ditto Account .................... 841
Turkish 6 per Cent. 1854 ........ ......
Ditto Account ...................... 84,1 i
Ditto 6 per Cent. 1858 ................
Ditto Account ...................... 73 2
Ditto, £101) Bonds .................. 73f 51
Ditto 1862 (Scrip) .................... li
Ditto, Paid up Scrip ..... 69F, i-
Venezuela, 3 per Cent 234
D:vidends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. 2sf.
TWO O'CLOCK.
Consols Money . . 921 &
Ditto Account

LINES LEASED AT FIXED RENTALS.
. '
.ftailways. Paid. 1 Leasing Closing Business
Co. s Price. Done.
Bedtord and Bletchley all Ln.&N.W - -
Birkenhead
Bucking,h-msif_re lOO Do.
Chester & Holyhead.. 100 Do 55 56
Do. 54per cent 100 Do.
Do. 5 100 I Do.
„ 114 116 115
Clydesdale Junction 1 100 ICledon lO3 105
Colchester, Stour Val. 100 I E.U.&E.O C 5 67
E. Lincolnsh. g6pr e. 100 Gt. North. 137 139
E.Union,HarwichShs all 'E.Counts. 4} 41
Do. Woodbridge.... 100 .. • • ••
Gls.Barr.&Neils.Drct. 100 Pledon . •
Gloster &Dean Forest I
all Gt. West :. :
Hull and Selby all Yk.N. Mid 111 ila
Lancaster & Carlisle 100 Ln.&N.W 200 203
Lon. and Chat. Ext. B
6 per cent ......
Do. Bromley, 6 per c all 'Do.. ...... .. ..
DlNew ShlB6l, 4ip.e ! all D 0.....„. 21 23
Do.Wn. Ext. A, 46 p c all D 0........ si a
London & Grcertwion I 100 S.Eastern 63 65
Do. I'referenDo.
thi:ha:/toshr.n.
....
A.
Lon.,Tilb.& S.. -thend! 100 Peto & Co. 86 88
Lowestoft gm,. 4 p c.. 100 Norfolk
Do 6 per cent lOO Do.
sine,,Bxtn.,& Matlock all LNAY& M 31 41 4
Mid. Bradford Prefer-
ence stock
Newmarkt,BuryEx i5.5. 6. E Counts. p i p
qua. 5 per cent.. M
Nortlin.&Eastn. sp. c. all Do.
Not, Do.G 6r
Gran.
per
111. cent.... e n ta
~
Cl.j. . . .
laaolloll D 0...........
N. Eastn--Elartlepool 100 N. E. Ber. .. •-
North
G3DI
toi :Midland ao. nr.
t.dh. . .
91.46. t 19.75.4
Preston and Wyre. t all L&N.W 1 44 46
Do. Do.•
& L.Yk.
South Stafford;iiii:f; ..
all
Roystn.lii
Hereford 1;001:11
11
IT:B:rt.a.n.ws..sEsexyt: 11=231131738p
7}
1
Shrewsby& sheP, 100 Gt. North. 136 139
1050 Ln.&N."W .. . • West London, Cls A• •
L.all ;LI::: :
si
9i
Do do B
Do doCf.
Wilts and Somerset..
Wimbledn & Croydon all Pt. West' 91 93
JOINT-STOCK BANKS.
,0 A crratUnitedServico lik 60
100 Alliance B.Ln.&L'pooi. 7 88 89
cp Sap 12 i -...-..—.
40 A•ustraiasia all
25 Bank of Egypt all 94
100 ga•ak of London' - 25 25} q
50 8/ ~,
- ___
0 i British IN orth Arneri,,, as ''
20 !Ch. Bk. of B. Columbia 5 1 i •,__
20 :tutd.Bank et I itia, &c. all 20l 240 5/
25 Ch. Mer. of In. Lon.&Ch all 34 86g 1_
ro 94 9
•
100 Colonial .. .... . ...
100 City ... ................ _ 6 co• 55i4
all 18
20 Eng., Scot., .4t Aus. Ch..
111 - "i
''Gen.Bk -)1 Switzerland a ,
20 ~
2011 ,Com. Bank of Canad!t.. all -
5 2 26p 7i
100 'London and Brazilian.
all 25t 54
100 (Imperial Bank Limited 7 i li) Eti
20 Lou. Charilkof Austral
20 39 40
50 London and County •• 'ir, ,6 67
50 London Joint Stock • • .' '
20 ',London and S.Alrican.. 12 pia' 3P
100 London & Westminster 20 39 S 1 "" __. i
100 Metrop. & Provinl. Bnk. 10 P ic
20 Nat. Prov. of England , 12 . -
50 Do. new • ..,. •...,. „ .. 12 - "'
20 Nationalßanic ........ 30 - -
25 New South Wales ...... all 140 42 .
20 Orient. B. Corporation . all 51 62 5,
100 °lonian Bank ... •.. all 071 /9 27/ 8
' 10 Provincial of Ireland.. 25 87 tP xa'
25 Do. new. ..... ... ...... . all
25 South Australia ~,,„„. all 35 37 1e d
50 Union of Australia .... all 44 45xd x d
- Uniou of London -.L . 12 34 351:
[ 100 Unity Mutual. • • ..... - GO ..... ...