The Sun.
London, England, 1862-04-24 00:00:00

MONEY MARKET.

CITY. TWELVE O'CLOCK•

Owing to the extreme abundance of money, it
was imcgined in some qtraters that the directors of
the Bank of England at their meeting to-day might
relax their terms of diseount, but they have
separated without announcing any change. The sub-
ject has not attracted much attention, and the mer-
cantile community being enabled to negotiate first
class bills as low as 2s per cent., do not evince the
least anxiety for a movement on the part of the
authorities.

A large supply`of gold, viz., £ll 5,000, was taken
into the Bank of England yesterday.

The Master of the Rolls will make a further call
of £75 per share on the contributaries of the Orisca
Coal and Iron Company on the 3d proximo.
There WPS renewed activity in the Liverpool
Cotton Market .yesterday, and 10,000 bales were
disposed of at full rates.

The last week's railway receipts, ascertained up
to this day, are in round figures as under:--

1862.

1861.
£51,842

Great Western

North-Western
South- Western
'Brighton
Midland

84,183
18,493
16,331
39,108

South-Eastern
Great Northern
Lancashire and Yorkshire
Bristol and Exeter 5,876 6,320
North Eastern
Eastern Counties
Manchester, Sheffield, and Lincoln
North British 5,768 6,221
Edinburgh and Glasgow 7,169 7,411
Grand Trunk of Canada
Great Western of Canada 12,300 11,383
These returns show a decided improvement in the
receipts of most of the pleasure lines, but those in
the manufacturing districts still continue unfavour-
able. On the Great Western there is an increase
of £847, on the South Western of £2,559, on the
Brighton of £4,837, on the South Eastern of X 2,173,
on the Eastern Counties of £202, on the Grand
Trunk of Canada of £1,344, and tie Great Western
of Canada of £917. The North Western exhihitpt
a decrease of £1,909, the Midland of £B4O, the
Great Northern of £645, the Lancashire and York-
shire of £2,595, and the North Eastern of £2,334

CITY NEWS---THIS DAY.

Two O'CLOCK.

At the half-yearly meeting of the Globe Insur-
ance Company to-day, the usual dividend at the
rate of 5 per cent. per annum was declared, free of
income tax.

Rather less buoyancy has been perceptible in the
English Stock Market to-day, but the variation has
not exceeded 1 per cent. Business is still extremely
dull, and a comparatively small sale or purchase is
sufficient to influence the tendency of quotations.
Consols are now quoted 931 94 for money and the
Bth pros. The New Threes and the Reduced re-
main at 921 ; Exchequer Bills are flat at 17s. to
20s. prem.; Bank Stock is steady at 238 and 2391 ;
India ditto at 2281; and ditto 5 per Cente. at
1081 a.
Very few dealings have been reported in the
Foreign Market, and prices show no material
chem. e. Turkish 6 per Cents. are 801 81 ; ditto
1858, 701 71 ; Mexican are firmer at 311 4 ; Rtl9-
61311 4 per Cents. flat at 911 ; ditto 1860, •92 ;
Ita:ian are steady at 681 ; Spanish Certificates at
; and Venezuelan at 24.
The New Turkish Scrip is 11 2 prem., and the
_Egyptian, 11 1 prem.
Increased business has prevailed in the English
ita;lway Share Market, the decline in some instances
amounting to about 1 to 1 per cent. Great Westerns,
Lavcashire and Yorkshire, and Norfolks have de-
clined Ss•; Caledonians, North Westerns, and South
Easterns, lOs ; and Midlands, 15s.
The Foreign and Colonial undertakings, how-
ever, were in fair demand. Dutch Rhenish im-
proved to 171 !, and Sambre and Meuse to 11 and
111 ; Recife and San Francisco have declined to
151 2, East Indian to 1031 to 104, and Great
Western of Canada to 121 !-
Joint-Stock Bank Shares remained very inac-
tive. Ottoman Bank, however, improved to 26
and 261 ; Bank of Egypt, to 221 23 ; Oriental
Bank realise 531 ; London and County, 391; and
Union of Australia, 451. The Alliance Bank of
London and Liverpool have receded to 4 1- prem
The following remarks upon the progress of busi
tress in American securities during the past week
are from the circuiar of Mr. E. F. Satterthwaite :
We have had a dull market in London for American
securities since our last, stocks having come freely
forward for sale. At the close quotations are
lower nearly all round. Atlantic and Great Western
Bonds have declined to 67.
The Imperial Bank shares are 1 1 prem. ; Nor-
thern Counties, 31 41 pram. ; and British Colum-
bian 11 prem.
In the Miscellaneous Market there was little
change of importance. Crystal Palac Stock im-
proved to 351 361- ; Madras Irrigation brought 4,
and National Discount Company, 51.

BRITISH FUNDS—CLOSING PRICES.
Fmk Stock
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities 92* i it 1
India stuck
Ditto 5 per Cent. LS/ i
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent
Ditto Debentures, 4 per Cent., Oct., 1863
Ditto ditto April, 1864 Mt
'Dial, Bonds £l,OOO
i vitto under £l.OOO
Consols for Accounts May 8 94
Exchequer Bills £l,OOO, 3 per Cent l7 20
Ditto £SOO
Litt() Small
FOREIGN FUNDS—CLOSING- PRICES.
Buenos Ayreq 6 per Cent
Dirt() 1 per Cent. (Deferred 3 per Cent.) 341
Mexican, 3 per Cent
Ditto Acco nt
Portuguese 3 per Cent., 1853. —
Ditt, Account
Ditto 3 per Cent., 1866, '7, '9, and '6O 4sk
Russian 5 per Cent 1822, £St
Ditto 41 uer Cent .
Ditto 1860
Spanish Cert. of Coup. not funded
'1 urkisla 6 per Cent.
Ditto Account
Ditto New Loan —
Ditto Account
V enezuela, 3 per Cent
Dividends on the above payable in London.
Italian, 5 per Cent., 1861 6B/ 8
THREE O'CLOCK.
Consols, Money g3i 4
Ditto Account

311 i

WHERE IS CORINTH ?—Corinth, at which place
the grand army of the Confederates, under General Beau-
regard, has taken up a position to oppose the Southern
march of the Union forces, is at the intersection of the
Mobile and Ohio and Memphis and Charleston Railways,
n Tishomingo county, 93 miles from Memphis, 43 miles
rom Grand Junction, Ir;s miles from Columbus, lien-
ky ; 58 miles from Jackson, Tennessee; 80 miles from
Decatur, Alabama ; and about2o miles in a direct line from
Savannah, Tennessee. From Pittsburg the distance to
Corinth is about 18 miles by a good turnpike road. Corinth
is an important strategical point. It is situated in a hilly,
semi-mountainous country, a branch of the Appalachian
range, which diverges from the Alleghany mountains, and
forms the mountains and gold-bearing regions of Georgia
and Alabama. The village is nearly surrounded by an
irregular circle of hills, rising on the north, about four
miles distant, with the State line between Tennessee and
Mississippi crossing their summit. The Mobile and Ohio
Railway crosses this ridge through a cut 75 feet in depth.
Similar cuts, of lesser depth, penetrate the hills on the east,
west, and south, where the railways enter. Beyond these
hills, in the direction of Pittsburg and Savannah, the
ground becomes more level, and much of it is low and
s‘;ranaPY.
Progres of Lyons states that public curiosity
has been greatly excited in that city within the last three
days by the arrest of the woman Favre and her husband,
who some thfee years ago came into possession of all the
property, amounting to several millions of francs, left to
her by the will of thG notorious miser Crep n. It appears
that the fortunate legatee had at last succeeded in buying
off the oppoAtion of the old man's natural heirs by offering
annuities; but as she afterwards omitted to pay them, one
of the parties lately sued her for a premised annuity of
10,000 E, and during the suit circumstances came to light
which justify the suspicion that the old man was unfairly
dealt with in order to prevent him from altering the will
made in favour of the woman Favre. When arrested, the
latter vainly attempted to bribe the commissary of police
wth a roulesu of napoleons. Having failed to recover her
liberty by that means, she took up a crucifix, and, kissing
it, exclaimed, " In the name of the cross, T accept this new
trial." The property found in the house amounted to
about 1,600,000 f. in gold, notes, and securities. It is ex-
pected that this affair will be brought before the next assizes
of the jaw.