The Sun.
London, England, 1862-08-14 00:00:00

MO

KET.

CITY NENVS-YESTERDAY.

The private telegrams from New York by the
steamer North American report a decline in the
exchange to 126/, and the premium on gold to 151

per cent.

The Liverpool cotton market to-day was again
dearer, with transactions.to the extent of 6,000
bales.

The steamer ATalta passed Jubal yesterday with
the Mail broth Bombay of July 27.
The mail steamer Atrato has arrived from the
West Indies with £97,590 in silver and £47,000
in gold.

The present mail from Guayaquil has brought a
remittance of £332 on account of the Ecuador divi-

dends.

The half-yemly meeting of proprietors of the
Bank of Australasia is called for the 18th inst.
The report of the Southampton Dock Company
to be presented at the meeting on the 27th inst.,
states the available balance, including £2,144 from
last half year, to be £9,749, out of which a dividend
is recommended at the rate of 4 per cent. for the six
months, absorbing £7,207, and leaving £2,542 to
be carried forward.

A prospectus has been issued of the Cambrian
Consolidated Gold Mines Company, with a capital
of £150,000, in shares of £2 each. During the past
wo years certain mines called the Vigra and
Clogau, near Dolgelly, in Merionethshire, and
Which are in the hands of a few persons, have been
reported to yield a very large proportion of gold
from quartz crushing, and much curiosity has pre-
vailed regarding them. It is now stated that in the
1.9 months from January, 1861, to the present time
7,041 ounces of gold have been obtained from 942
tons of quartz crushed, or at the rate of 73-
ounces per ton,—a profit which has amounted to
'more than double the original outlay upon the
undertaking, and which is steadily increasing.
:Some of the principal persons interested in these
woceedings have, it appears, since arranged for
leaves of about 1,500 acres surrounding their own
district, and which, according to statements fur-
nished, are characterized by the same features, and
:it is for the working of these that the new company
is proposed. The consideration is to be £50,000,
of which £25,000 will be in cash, and .£25,000 in
shares with £1 paid, on which the recipients will
be liable to the remaining £l, in common with
the other shareholders. With regard to the state-
ments of the profits of the two original mines (the
'Vigra and Clogau), there is no ground for doubt,
tbe figures being positive end the parties connected
With them respectable. The proposal to test the
surrounding region, therefore, in the face of the
reports furnished by the mining captains employed
to er amine them, and also of the fact that in
Brazil a yield of half an ounce per ton is considered
satisfactory, seems a fair experiment for those per-
sons who have money to spare, and who have no
objection to risks of this nature.

CITY NEWS---THIS DAY .

TWELVE O'CLOCK.

There is a steady' demand for discount accommo-
dation at the Bank sate, which remains at 2 per
`cent., the directors at their meeting to-day having
found it necessary to modify their regulations. The
supplies of money in the hands of the dealers are
considerable, while the requirements of the public,
although larger than of late, are yet far from ex-
tensive, but the probability of an adverse affect
being produced, by remittances on account of foreign
oans and other contingencies, induce the banks
and discount houses to enforce full terms for the
business they negotiate.
An instalment of 15 per cent. becomes due to-
m, orrow on the Egyptian Loan of £1,811,040.
On the tat proximo a payment. of 10 per cent.
wil.l be made to the proprietors of the Liverpool and
Lone ion Fire and Life Insurance Company on ac-
ecunt of the year's dividend due March, 1863,

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

1862. 1861.
Great Weste."n
orth-West ern c ... 107,705 99,223
South-Western
Brighton
Midland
south-Eastern 99,568 27,285
Great Northern
Lancashire and Yorkshire 35,63/ 41,922
Bristol and Exeter
North Rastern
Great Eastern
Manchester Sbellield, and Lincoln .. 15,153 15,911
Edinburgh 'and Glasgow
Glasgow and South-Western
Great Western of Canada ..
These returns are, with one or two exceptions,
,° a very favourable character. On the Great
Western there is an increase of £8,016, on the North
Western of £8,542, on the South Western of
£5,1.19, on the Brighton of £6l, on the Midland
of I:703, on the South Eastern of £2,373, on the
Great.p Northern of £2,346, on the Great Eastern of
''o36, and on the Great Western of Canada of
.e 2.
1_2,134. The Lancashire and Yorkshire, however,
tl"ws a decrease of £6,290, the North Eastern of
"'6°l, and the Manchester, Sheffield, and Lincoln
of £758.

CITY, Two o'CLocK,
lisThere has not been much animation in, ti e Eng-
u Stock Market to-day, nor have the few dealings
entered into led to any material movement in quo-
tations- Consols have remained at 93-1- for money,
and 931 I for the 4th proximo. Not the slightest
'eature of novelty is perceptible either as regards
the character of the transactions or the tendency of
The New Threes and the Reduced are
steady at 931 -7,-; Exchequer Bills have receded
to,, 19s. prem.; Bank Stock is 238 and 241; India
ditto remains at 228; and ditto 5 per Cent. Loan
at 108.1
In the Foreign Market the transactions have
bTurf;
restricted, but prices generally are firm.
urlaish 6 per Cents., 1854, are 841 851 ; ditto,
1858 721 4; ditto, New Loan Scrip 1 1 prem. ;
gYPtian Scrip has advanced to 121 prem. ; Italian
Per Cents. have risen to 70* ; Moorish to 93*;
Russian 5 per Cents. are 97 ; and the new paid up
Scrip, 931-
he Portuguese Loan is 21 a prem.; the Vene-
zuelan,b H ; and the Peruvian 1 to 0,1- dis.
The liquidation of the half-monthly account has
necupied the chief attention of the dealers and spe-
cule,tors in the Railway Share Market to-day.
Prices opened rather heavily, but have since shown
an improvement. Great Easterns, Lancashire and
Yorkshire, Midlands, and South Easterns have im-
proved los, North Western £l, and Great Northern
£1 to £1 10s. Great Westerns, however, have de-
clined about 11.

The Foreign and Colonial lines have continued
dull, but maintain previous rates.

Joint-stock Bank and Miscellaneous Shares
snow little change of importance in value. The
shares of the River Navigation of India and China
ate dealt in at 1 to 11 prem.

talik
stoBekRI.TISH FUNDS—ONE O'Cl:2Cgt
...
93$
a Per Cent. Reduced Annuities
a
03a
wet. Cent. Consols Annuities
931 i k
bew 3 per- Cent. Annuities
211
;‘ec/ Sea Telegraph, 190 S
228
Andi a Stock
Di tto S per Cant.
' itto En faced Paper, 4 per Cent —
Ditto 5 per Cent
Mao 5A pet Cent IIIE 11
titto Debentures, 4 per Cent. Oct., 1863 —./
Ditto
D-1 , ditto
tr • (- Londs Xl,OOO
atsols for Account. Sept 4 April, 1864
:2730(
eherfuer Bills £l,OOO, 3 per Cent
FORFIGN nixDs—ONE O'CLOCK.
X
121
?.7.lltian, 7 per Cent., Scrip
Litto Paid-up Scrip .......
Iloorieu Imperial 5 per Cent 934
%,r.tr. cian 4 per Cent .. : -
,ite (Uribarren), 41 per Cent. -.
tto, 3 per Cent.
`'-1.',44au o per Cent 1822 £ St
;1„)!tto 41 per Cent
.... 90,1
, -1-ktto, Paid up Scrip
931.
'P'tll181 l 3 ner Cent
TD to
titsocla,
66p per c Cent.t.lBlBBs4 ...... 441
841
.t
-
• • 72t it
ti.tto Account
1,!t10/ £l6O Bonds
6 per Cent., 1852. Scrip ,•• • • i• it PM
unto, Paid up Scrip
It 11) v.' idends on the above payable in London.
l '
-111/ 5 per Cent./ 1861, Ex. 2sf.
TWO 0' t; LUCE
eottßois Money
~, ) ..
"‘t) Account