The Sun.
London, England, 1862-08-18 00:00:00

MONEY MARKET.

CITY NE ‘4 S-SATURDAY.

The Asia, from Boston, has brought £lO,OOO in
specie. A similar amount is being brought over by
the Edinburgh.

The advices just received from Me'bourne an-
nounce the departure for England of the Lincoln-
shire, with £195,000 in gold; the Blue Jacket,
With £104,000 ; and the Anglesea, with £28,000;
making a total of only £327,000. The Orwell, re-
ported by the previous mail, is still at sea with
£124,000.

There is renewed excitement in the Liverpool
Cotton Market. A fresh advance of id. to id. per
lb. took place to-day, and the sales increased to
15,000 bales.

Advices from Frankfort mention that the panic
on the Vienna Exchange caused by the movements
of Garibaldi and the fear of new complications in
Italy, has in a great degree subsided. The market,
however, has been affected by a heavy demand for
bills on London on the part of the Trieste merchants,
to provide for large orders for cotton and other
Produce. Hence the Austrian funds will show a con-
siderable decline since the beginning of the month,
amounting in some cases to 3 per cent.
The Chartered Mercantile Bank of India, London,
and China have announced a dividend of 5 per
cent,, free of income tax, for the half-year ending
the 30th of June. The directors state that the loss
to the bank from the recent opium fraud at Hong-
kong will not, they believe, exceed £B,OOO.
At the half yearly meeting of the Melbourne and
Robson's-bay Railway Company, held at Melbourne
On the 3d of June, a dividend of £2 10s. per share
Was declared, and is now payable to the shareholders
on the London register.

CITY NEWS-THIS DAY .

TWELVE O'CLOCK.

The accounts from the manufacturing districts,
for the past week, are of a less satisfactory charac-
ter, owing to the prevalence of unfavourable
'weather, and the effect it may have on harvest pro-
-B?ects. The woollen trade of Leeds, however, has
been steady, and owing to the smallness of stocks
on hand manufacturers generally are well employed.
elothm and yarns at Manchester have fully sustained
Previous prices. The hosiery and lace trades of
Leicester and Nottingham have remained without
toaterial variation. In the hardware districts, viz.,
at Birmingham, Sheffield, and Wolverhampton busi-
ness generally has continued inactive.
he.l Tasmanian, for the West Indies, has taken out
£421,800 in gold, chiefly on account of the Peru-
-Ilan Loan.

An ad interim dividend, at the rate of 10 per
cent., has been declared by the directors of the
Agra and United Service Bank, for the half-year
fending 30th June last.

The directors of the Chartered Mercantile Bank
of India, London, and China have announced a di-
Irdened of 5 per cent. for the past six months.
The }LIU-yearly meeting of the Oriental Inland
Steam Co mpany will take place on the 28th inst.
Vie directors of the St. John del Rey Mining
Company (.invited) have received, by a duplicate
telegram from Lisbon, the following report, dated
Morro Velho, July, 1862:—Produce for June,
43,660 oitavas ; cost for do., £9,315 ; profit for do.,
£7,154. Produce (11 days of July), 14,823 oit. ;
yield, 7,115 oit. per ton.
The Money Market continues firm and active.
Pall rates are asked by the joint-stock and private
establishments for all the securities presented to
them for negotiation, and the Bank of England
authorities are obtaining a very large share of the
bills now brought forward. There is still an idea in
some quarters that an early advance will take place
In the value of money, but the future tendency of
affairs Nvill greatly depend upon the extent to which
the shipments of specie on account of recent foreign
loans may be neutralised by arrivals from Victoria,
&c., and results of the harvest. A large supply of
Australian gold, viz., 2.318,460, has just come in,
:and it is also satisfactory be able to record an
Iruprovement in the weather, which, if continued,
Will exercise a very favourable in_quoce upon the
yield of cereal products,

The re was a meeting to-day of the proprietors of
the Bank of Australasia, at which it was t.'tatedt
that the directors continue to receive from I.he
euperint9ndent and managers satisfactory accounts
of the current transactions of the Bank. They have
also the pleasure to state that the indications of
active and healthy progress in the general condition
of the Australian Colonies, to which they alluded in
their last report, were becoming more apparent.
Trade was improving ; and although the price of
'Wool has fallen, better rates were being obtained for
Other kinds of colonial produce. The yield of gold
from alluvial diggings had declined, partly owing
to the d ificulty of procuring water, Quartz mining
Was balg prosecuted with success ; and the dis-
coveries which were taking plane of fresh gold fields,
esPeetally in New South Wales, tend to confirm the
°Pirions entertained of the richness and extent of
the mineral resources of Australia. The directors
tolzettnieowi4outhly to declare their intention of paying
of October, the same dividend and
It:ine as for the half-year at April, being together,
t the rate of 121 per Cent. per annum, free of
Income-tax. The chair was occupied by Mr. Hen-
derson,
Who, after a few preliminary and congratu-
latory 'remarks upon the progress and prosperity of
the bank, stated that an establishment bad been
erected at the Forbes station, in the Sydney district,
for the Purchase of gold, but no new branches had
been
Opened during the past six months. The com-
mercial and pastoral interests of the whole Austra-
lian colonies were in a very thriving state, and al-
thong h the price of wool in this country had con-
-Beld er4A:oly fallen in value, the increased prices in other
2111medities would, it was thought, compensate for
,tne losses in the former mentioned staple. The two
z the Land and Emigration—recently
passed by the Legislature of Victoria would, it was
icmaidered, render material services to the colony,
_lay giving greater encouragement to emigration and
_glakLag the tenure of land more easily accessible
and satisfactory. The report was unanimously
u?°l3lted, and a vote of thanks passed to the
directors

BRITISR FUNDS ONE O'CLOCK.
tapnelir:
eSetonetk.
Annuitiesßeiu.eey .... 7- 240
93 21 3
3'per Cent. Consols An/ti
New 3 per Cent. Annuities. es.
... ' c9):3l 92i 23t
New 7.)! per Cent. Annuitie5........... " ,7-g-a-" -*
Red Sea Telegraph, 1908 ..;;'4
India Stock —if
Ditto 5 per Cent ................. ---imi
Ditto Enfaced Paper, 4 per Cent„ :: ---.4
g g g
Ditto Debentures, 4 per Cent., Oct., 1863 2...
Ditto ditto Aug. 1864 or 66 101
eons() Is for Account, Sept. 4 93 ii.
Exchequer Bills £l,OOO, 3 per Cent _
Din o £5OO ... . 20
FOREIGN FUNDS—ONE O'CLOCK.
13razili a:n, 5 per Cent
~.., Ditto 41 per Cent., 1852-58-60
'g3rPtialt, 7 per Cent., Scrip ..
Ditto Paid-up Scrip
Peruvian t 41 per Cent
Ditto ( Uribarren), 4:1 per Cent. .. 97
, "ggiala ti per Cent 182'L £ St --
.. 594-
Ditto 3 pet Cent 1859
Ditto 5 per Cent., 1862 (Scrip) - dis
,Dit.to Pa id up Scrip
Turkish 6 tier Cent. 1854
831
Ditto Account
Litt° 6 per Cent. 'B5B ..........
Ditto AcCo n -
7-0 1 694 70
-I,l)itto/ £IOOIIBO d ................ 72 3
...,itto 6per Cent., 1862. Scrip .......... 26t4_213k12151die
Ditto
ve / Paid up Scrip
nezuela, 3 per Cent 251
D:vidends on the above. payable in London.
calla; 5 per Cont., 1861, Ex. 25f.
e TWO O'Cimt,
pmit°tlos'AlVel=t 93
93 k

CITY, Two o'CLocK.
A (1111 Y a small amount of business has been trans-
-4
edinthe Market for Public Securities to-day,
speculation having been further curtailed, while the
tPerations of iiviestors have been very limited. The
tehtideneY of prier a continue unfavourable, although
e. actual ruovemealt has been unimportant, Consols
I,7:ing about 93 for stoney, and 93fr for the account.
2z)
r,l\etv Threes and the Reduced Annuities are
-° per Coat., 1081 108. z.:; Bank
nu ; andandian 5 1
is 240 ; and the Red Sea Telegraph An-
111tY has been dealt in at 211.
Se, he most conspicuous movement in Foreign
tocurities is the continued decline in Turkish
80?8 ; the 6 per Cents., 1854, are 821 83E; ditto
69 '7O ; ditto New Loan Scrip 3 21 dis.; and