The Sun.
London, England, 1862-09-02 00:00:00

MO

-ET.

CITY NEWS-YESTERDAY.

The particulars are published of some bonds of
the Danish Four per Cent. Stock of 1850-1661,
which have been cancelled.

The amount of gold taken to the Bank to-day wa6
£133,000, principally Russian, making a total of
£351,000 since the last return.

The amount of specie engaged for transmission
to-morrow to the West Indies by the steamer
Atrato is £212,900, of which £208,000 is gold for
Peru.

For some days past it has been known that the
house of Mr. Z. C. Pearson, shipowner of Hull, was
in embarrassment, and this afternoon the announce-
ment has been formally made of his inability to meet
his acceptances. The difficulty has been occasioned
by large ventures to the Southern ports of America.
Some of the ships despatched have been captured,
while in the case of those that have succeeded in
running the blockade and realising heavy profits
the agents find difficulty in transmitting the pro-
ceeds with safety and punctuality. As soon as these
can be obtained there will, it is said, be a good sur-
plus. The total liabilities are supposed to be large,
but the major portion is secured.

The South-Eastern Railway traffic return shows
this week an increase of £4,100, and the Brighton
an increase of £1,388.
The receipts of the Grand Trunk Railway of
Canada for the week ending the 9th August were
£12,334 sterling, being £273 more than in the cor-
responding week of last year.
The London and Middlesex Bank opened busi-
ness at the temporary offices, 69, Cornhill, and at
the two branch offices to-day, and in addition to the
Unity Bank business (transferred) opened a number
of fresh accounts principally introduced by the new
directors. The new bank in Finch-lane will be
ready by Christmas.
A meeting of the shareholders in the Ottoman
Bank will be held on the 10th instant.
Instalments of 10 per cent. on the Turkish Loan
of £8,000,000 (making up 50 per cent, of the issuing
price of 68), of 71 per cent. on the Egyptian Loan
of £2,195,200 (making up the subscription price of
821), of 20 per cent. on the Egyptian Loan, second
issue for £1,097,600 (making 40 per cent.), and of 5
per cent. on the Portuguese Loan of £5,000,000
(making 15 per cent. of the issuing price of 44) fell
due to-day. These payments were much reduced
by the fact of the Turkish and Egyptian instalments
having previously, for the most part, been met
under discount, and the Egyptian amount was
further lessened by the deduction of 31 per cent.
dividend.

CITY NEWS---THIS DAY.

CITY, TWELVE O'CLOCK.

A. small amount of business is still reported in
the general discount market, where the available
supplies are largely in excess of the current require-
ments. This state of things induces competition,
and bills can, consequently, be negotiated at 1 t per
cent.

The Atrato, which left to-day with the West
Indian mails, took out £212,900 in specie, of which
£208.000, in gold, was on account of the Peruvian
Loan.

The Oneida, from the Brazils, has arrived this
morning, with £41,000 in specie.
The traffic receipts of the Great Western Rail-
way of Canada, for the week ending the 22d ult.,
amounted to £7,836, against £6,583 last year,
The operations in the Foreign and Colonial Pro-
duce Markets during the last few days have not
been very extensive. Tea at public auction sold
slowly at about previous values. Sugar, coffee,
and rice have remained at about former prices, but
tallow has been dull and rather cheaper for both
present and forward delivery.
Owing to ill health, Mr. J. P. Acton has retired
from the firm of Haggard and Co., bullion brokers,
of Cheapside, and K. G. Sillar has been admitted
into the partnership.

Two O'CLOCK.

The English Stock Market closed yesterday
evening with a very dull and heavy appearance,
and the cause of the retrograde tendency of quota-
tions was the pressure of sales to enable the vendors
to realise their profits upon purchases effected
beforehand. This morning, however, rather more
firmness became apparent, although no material
change took place in quotations, Consols remaining
at 931 _a for money and the 4th inst., and at 93,57 I
for the October settlement. The New'Threes and
the Reduced are marked 921 ex. div. ; Bank
Stock is steady at 240 and 242; India ditto is 228
230; and India 5 per Cent. Loan, 103, 109, being
fiat.

The principal movement in the Foreign Market
has been the buoyancy of Mexican Stock, dealings
having taken place at prices ranging from 301 to
30, the latest quotation being 301 4. Italian 5
per Cents. are steady at 70-1 71; ditto Railway
Loan, at 721 ; Moorish 5 per Cents, are flat at 931 ;
Portuguese,-461 ; ditto New Loan Scrip is firm at
21 prem. Turkish 6 per Cents., 1854, are steady
at 851 861 ; ditto, 1858, 681 691; ditto New Scrip,
paid up, 661 67/ ; and the Consolides, 334 34.
Venezuelan 3 per Cents. have receded to 261 ; but
the New Loan is maintained at 1 1.

...... ... . _
In the Railway Share Market the dealings
have been limited. A firmer tone, however pre-
vails. Midlands have advanced about 55.; and
Great Easterns and London and Brighton, 10s. ;

South-Easterns, however, have declined ss.
The Foreign lines have continued without
material change. Great Luxembourg realise 141 ;1-;
Great Western of Canada have declined to 1210
and East Indian have improved to 1051.
Joint-stock Bank and Miscellaneous Shares re-
main inactive, at about previous quotations. Lon-
don and South African have declined to 191. Lon-
don and Westminster are steady at 781 a; Otto-
man Bank at 281 29 ; Australian Agricultural at
23 to 231; and Van Diemen's Land at 12.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock . .
3 per Cent. Reduced Annuities .
3 per Cent. Consols Annuities
New 3 per Cent. Annuities 92 b
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l5
India Stock
Ditto 5 per Cent.
')itto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent . lO4
D',l., bonds £LOOO
Ditto under £l,OOO
Consols for Account, Sept. 4 93) a
Jun?. I March.
21