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

MONEY MARKET.

CITY NEWS—YESTERDAY.
Increased ease prevailed in the discount market.
The rate for good bills has declined to 2 to 2 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 %he 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 no London and
Yorkshire Assurance Company will he 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 Com-
Plny is called for the 23d inst., to receive a fi:ial
report from the directors, and to dispose of the
remaining property of the company.

CITY NEWS-THIS DAN.
CITY, TWEL' FK O'CLOCK.

Including the £109,000 taken t here yesterday
the influx of gold into the Bank oi! 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 b allion, although
the full effect of the recent receipts may not be
exhibited, owing to the payment r) r 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-
Marks 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
o effect—about 4,000 bales China and Japan silk
are now about to be landed. The deliveries are
only moderate, Out 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
of 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
X 22,460 brought forward from December last, gave
an availablebs.a lance of £97,982. An increased
dividend of 15s.
per share was therefore declared,
free of income-tax, payable on and after the 21st
inst. This distribution will absorb £45,000, and
450,000 was appropriated to the Reserved Fund,
leaving a surplus of £2,982 to be carried forward.
The a
quiet, -emand for money to-day is exceedingly
and many of those who require accommoda-
tion
are postponing their operations until the result
of the weekly meeting of the Bank of England shall
have transpired, the impression being that the mini-
mum may be reduced to the extent of per cent.
It 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
terms more in accordance with the general condi-
tion of the market.

There has been a meeting today of the credi-
tors of the firms of Marshal, Lacy, and Co., and
Prater, Lacy, and Co., shipping and insurance bro-
kers. After some explanations by Mr. Jay, of the
firm of Quilter, Ball, Jay, and Co., the accountants,
it was resolved to adjourn for three weeks, in order
to enable the committee already appointed to con-
fer with the partners and their friends with a view
to prevent the estate going into the Bankruptcy
Court.
More activity was displayed in the English Stock
Market to-day, owing to an increase of speculative
business. At first considerable buoyancy was per-
ceptible, Consols being 92i for money, and 92Z for August, but sales to realise profits having been
pressed, a reaction has occurred to 92, 921, and 921
respectively. The New Threes and the Reduced
have advanced to 921 ; Exchequer Bills remain at
los. to 18s. prem. ; Bank Stock is flat at 235 ; and
India Five per Cent. Loan is 1083
Important fluctuations have again taken place in
Egyptian Scrip. At the commencement of busi-
ness they advanced to 71 prem. ; but have since
receded to 61 7 prem.; Russian Scrip is steady at
dis. ; Mexican have improved to 28* y ; and
Spanish Certificates, 91 a; Turkish 6 per Cents.,
Scrip has advanced
1854, are 841 85; ditto, 1858, 71/ -1-; and the New
to 1/ 1 prem.
In the Railway Share Market business has been
rather inactive, and prices have shown little change
of importance. Caledonians, Manchester, Sheffield,
and Lincoln, however, receded abut 55., while
Eastern Counties, and North Eastern (Berwick)
have improved ss,
For the Foreign and Colonial lines the enquiries
were also limited. Great Luxembourg remain
firm at 14-,t- ; Bahia and San Francisco at 181 ; and
South Austrian and Lombardo-Venetian at 221 *.
East Indian have improved to 105 and 1051;
Madras 5 per Cents. to 1001- 101-1,-; and Great
Indian Peninsula continued steady at lu2l,
Joint-Stock Bank and Miscellaneous Shares were
dell. Alliance of London and Liverpool, however,
;h
realise 10-:-; 11-1; Ottoman Bank, 26a General
,
Steam NavigatiOn 26/ ; ran Diemen'sl Land
sl5, and Royal
Mail have further improved, viz., to g
Mail Steam to 541,

BRITISH FUNDS—ONE O'CLOCK.
!lank Stock
92 2 I
per e r
Cent. Reduced Annuities
921 a i
1 ..k._;ent. Consols Annuities
teor_Cent. Annuities 02
India" k 2
Ditto 6ek •••••••• 4 00000000000000000
Ditto EsrilefraceedenPt aper, 4 per Cent lOBl i a
Ditto —
Ditto Debleneririeent 4.
Ditto Bonds per Cent., Oct., 1863 1001
I, itto under .tI:9A)
Consols for Acco
unt, Jul, •
~
Exchequer Bills £l,OOO "u .... q2l &
, 3 per Cent •15 18
FOREIGN I,
Egyptian, 7 per Cent., 1-TXDS—ONE O'CLOCK.
Ditto, Paid up Scrip Scrip
Italian 5 per Cent. Nlare.rtita",;,;,"," -—• • - BSI 91 81
Ditto 5crip............ ---- .":allway) Mexican, 3 per Cent ................ . a
I)n:toAccount
Portuguese 3 per Cent., 1863. • 2Ba i
Ditto Account
R,l7,sian ,5 per Cent. 18:22. .t St„
Ditto Account ...................
Ditto 5 per Cent., 1862, Scrip.
Spanish 3 per Cent ....................
Ditto Passive.. ...................... --,,,
Spanish Cert. of Coup. not, funded .• "• " ni
Turkish 6 per Cent. 1854 ........... 'l i
Ditto Account .. .................... ---
841
'Ditto 6 per Cent. 1858 ....................
])itto Account
•
Ditto 1862 (Scrip) ..................... lir -.?, lr. Ditto Paid up Scrip .................. NI :88
'D:vidends on the above payable in Lond9o- -''`
Italian, 5 per Cent., 1861, Ex. 25f. ...... 70 ll'
TWO 0' 01.0 oli .
Consols, Money ..
Ditto Account
Ditto Aug., ditto 92A a

MISCELLANEOUS.
10
to Bahia „
Bombay,Kerlinil .
A.nglo-Mexican Ilfint f all 171 18}
10 ktlantic El. MI. Stm Oo) all 2 3
l SteamvGa
ates r (
Limited.L, T i m
in ti
ie
(Limited)
.)1 a l 111 47.1 —5l ,
25, Australian Agricultural 19 23 25 24
2.y.0
itriti.taAraericAan Land'
a1l(l)
12. . . .
..5 die
i_lop
20 DO., 7 g• Tel. A. (Lim,)
20 Cane e.?.t1111852 (Lim.) all is 20
324 Zp-,,,mited)... all 011
10 chin_ ".....and
Rhy2c
Steam
Coast &
at. Cryatal Patapeer cent all 13 16
at. Do. Preference.,
at. cop.oT,,ana Naviga. 5
25 Do. Prof;Po 7''ng•&Sinitg. all
100 84 25
• Deb too 104 1(8 107
10 E.lndia & Lo 2;
st Do. 6 p ct. Pe
. i
lt. Do 1111) A all
20 E.lndialrrign. & c a;,-'-'i all
at. Electric Telegraph 1 par Ipm 11 1
all
25 Do. New .....
5 English &Ans. Copper.
15 !len. Steam Navigati in ii 2 21 21 1
1 !Great Ship Limited) , all 26 27 261
1 ,Do 171 pet Preference, all 4 1
2 I Indian Carrying (Lim.) 1 4 1
5 I Lou. District Tel. (Lim.) 41 5
4 11,,G. Omnibus (o.(Lim.' a,, ~31 d
10 Lon. ,t S.lrel.Dt.Tel.L. 2 2 11
20 Madras Irr. and Canal 1 21 27
10 Sled. Exten. Tel. (Um all 3 4.
10 Do. 8 per cent. pref all _ _
25 National Dia. Co. (Lim ' 5 1i 11 p 64 1
20 Nerbu.Coal&lron (Lim ) 5 3 4
10 Netherlands Laud, 8p C. all
100 N. lir.&NovaScotiaLand 81 12 14
1 N.B.Australasian (Lim,
) I all ;
14 ILI
1
I all
1 Oriental Gas (Limited).l _ .
10 Orintl. in. Steam (Lim.)l all 6i 64 Xin
at. eelE-Lnd.&Min.(Lim) 100 56 58
P
68
70 .
50 lien. & Oriental Steam all
50 Do. New ............. 30 911
20 [led Sea&ln.Tel.g.4lp.c All 19 19i
50 ithymney Iron
15 Do. New • all
41 51
25 Rio Janeiro City Impts. all 281 281 x i
`2 Do. do.
100 Royal Mail Steam 6O 53 55 54i
st. Scot. Austin. Inv.(Lim ) 100 130 140
25 South Australian Land all 32 33
1 Submarine Tel. Scrip all I I
1 Do. do. llegiltered
io Do. do all 4 6
.2 Telegraph to India (L ) 1 1 I d
Austrlasia(lim)lst is. 1 id pr
10 Trust and Agency of
20 Tr.a; Lia. Co. of Upr.Can. 5 i li
5 U. kV dom TeL Co. (llin.) 3 2 1
100 'Yu Dieram'o Litucl. 28k 10 12 15 14 123 k 2

115 1i 113 j 15