The Sun.
London, England, 1862-05-07 00:00:00

MONEY MARKET.

CITY, TWELVE O'CLOCK.

There is still a tendency towards increased
activity and firmness in the general discount
mat het, although the movement hitherto has been
of little importance. The mercantile community
are in the position to negctiate securities as low as
2, and in exceptional cases at 2 per cent., and the
available supplies of floating capital appear to be
exceedingly abundant,

A small quantity of gold, viz., £3,000, was pur-
chased by the Bank authorities yesterday.
No material alteration took place in the Conti-
nental exchanges yesterday afternoon.
Gold is now about 2-10ths per cent. dearer in
London than in Paris, but about 1-10th per cent.
cheaper here than in Hamburgh.
In the Liverpool Cotton Market, yesterday, busi-
ness was inactive, and prices were steady. The
sales were estimated at 4,000 bales.

The half-yearly dividend at the rate of 10 per
cent. on the Ecuatorian Bonds has been announced
for payment. _ _

The traffic receipts on the Lancashire and York-
shire Railway for the past week show a decrease of
about £5,000.

The failure was announced yesterday afternoon
of Mr. J. G. Vallentine, merchant, whose liabilities
are estimated at 1200,000. The assets, however,
are expected to prove very satisfactory. The fol-
lowing circular has been issued to the creditors

"4, Cullum-street, London, May 6, 1862.

"I regret to have to inform you that in consequence o'
the non-arrival of anticipated remittances, I am under the
necessity of suspending payment.

" Messrs. Coleman, Turquand, Youngs, and Co., have
been instructed to prepare a statement of my affairs, which
will be submitted to a meeting of my creditors at the earliest
possible period. In the meantime, requesting your for-
beargnce, I am, your obedient servant,

" J. G. VALLENTINE."

CITY NEWS---THIS DAY.

Two O'CLocic.

The settlement of the account has occupied the
principal attention of the operators in the Market
for Public Securities. At first the tendency of
quotations appeared rather unfavourable, and a
slight decline took place, but renewed firmness is
now exhibited, Consols being 939 for money and
the Bth inst., and 94 94 for the June liquidation.
The New Threes and the Reduced are 915 92k;
Exchequer Bills, 18s. to 21s. prem.; India Stock
las advanced to 229 ; and ditto 5 per Cent.
to 1098 5.
_ _

Less animation has been exhibited in the
Foreign Market, and prices in most instances have
slightly receded. Turkish 6 per Cents. are flat at
804 81-1-; ditto, 1858, at 70 714 ; but the New Scrip
is steady at 27, 39 prem. ; Mexican have receded to
31'4 ; Moorish 5 per Ccnts. to 911 ; Spanish Pas-
sive to 191- ; and the Certificates have been dealt
in at 10, then declined to 9, and are now 92 ;
Egyptian Scrip is steady at 21; and Italian 5 per
Cents. firm at 711.
The Russian Loan is 2- 9 prem.

The dealings in the Railway Share Market have
beet: limited, and prices have in most instances
shown increased depression. Eastern Counties,
Great Westerns, Lancashire and Yorkshire, Mid-
lands, and South Easterns have declined 55., and
Caledonians, and South Westerns, 15s. ; Britol and
Exeter, however, improved £l.
The Foreign lines are flat, Dutch Rhenish have
receded to 171 ; Great Luxemburg to 141 141 ;
Sambre and Muse to Hi; Bahia and San Francisco
to 17a ; South Austrian and Lombardo Venetian,
however, improved to 228.
In the Colonial Market there is little change of
importance, Grand Trunk of Canada realise 25, 258;
Great Indian Peninsula, 1021 d ; and East Indian,
1041.
Joint Stock Bark Shares are flat. Ottoman
Bank declined to 264, and Oriental Bank to 51.
The Alliance Bank Shares are 5-1- 6 prem.; Im-
perial, la Is prem.; Northern Counties 4 2 prem. ;
British Columbian, I 1 prem.; and the Brazilian,
21 prem.
In the Miscellaneous Share Market Crystal
Palace Stock Stock realised 37, and Peninsular and
Oriental Steam 70.

BRITISH FUNDS—ONE O'CLOCK.
3 per Cent. Reduced Annuities 92 i li
3 per Cent. Consols Annuities
New 3 per Cent. Annuities 92 i 11
India otock
Dittos pow 47.23.4. - i a
Ditto Enfaced Paper, 4 per Cent 9lf
Ditto 5 per Cent lle3l
Consols for Account, May 8 93i t
Exchequer Bills £l,OOO, 3 per Cent lB
Ditto £5OO
bitto Small .......ti 2l
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 6 per Cent
Ditto 4i, per Cent, 1852-58-60
Egptian, 7 per Cent 2i 2
Mexican, 3 per Cent
Ditto Account
Imperial Moorish Scrip 9lt
Portuguese 3 per Cent., 1863..
Ditto Account
Russian 5 per Cent 1822 £ St —
i e. t.) it per Ceni
:Ditto 3 per Cent. 1859 .. 69f
Spanish 3 per Cent ...
Ditto Passive
Spanish Cert. of Coup. not funded
Turkish 6 per Cent. —
r Ditto Account .. 804
Ditto 6 per Cent .1858
Ditto Account
Ditto, £lOO Bonds
Ditto 1862 (Scrip)
Ditto, Paio up Scrip
Dividends on the above payable in London.
Italian, 5 per Cent., 1861 7l t
TWO O'CLOCK.
Consolsi, Money ..
Ditto Account
Ditto June, ditto 94 it