The Sun.
London, England, 1862-01-13 00:00:00

MONEY JI.4IRKET AND CITY NEWS.

--•.,,i-

CITY, Two o'CLocK.
Prom the mrtnufacturinz d4stricts the accounts for
tlle Past week lava generally been of a more satiafac-
tory character, owing to the peaceable solution of the
Trent affair. At Manchester prices of both yarns
and cloths have slightly advanced, while a mode-
rate amount of business has been done in woollen

Roods at Leeds, Bradford, and Halifax. In Leices-
ter and Nottingham the hosiery and lace trades
have continued moderately active, while in the
hardware districts of Birmingham, Sheffield, and
Wolverhampton symptoms of improvement have
been apparent.
There is still a very moderate demand for dis-
count accommodation in the general market as well
as at the Bank of England, and the available sup-
plies continue superabundant. Owing, however, to
the satisfactory solution of the Trent affiir, confi-
dence has revived, and advantage is taken of the
opportunity thus presented to bring forward nume-
rous new schemes, which, if tsupported, as there is
every reason to believe will be the case, must tend
to stimulate the general inquiry, and to impart
greater firmness to the quotations. It is also pro-
bable that commercial operations will be extended,
and cause an augmentation in the supply of mer-
cantile bills offered for negotiation.
About £45,000 in gold was taken into the
Bank of England on Saturday.
The Directors of the South Yorkshire Railway
and River Dun Company have made a further
call of £2 per share payable on the Ist proximo.
The Teutonia, from America, has brought
£30,400 in specie.
In the Liverpool Cotton Market on Saturday
business was rather dull, but prices were steadily
aaPported. The sales were only about 3,000 bales.
The Europa for Boston has taken out £50,000 in
gold, and £2,000 copper coin on Government
account.

At the ensuing meeting of the proprietors of the
English, Scottish, and Australian Chartered Bank
a dividend at the rate of 6 per cent. will be pro-
Posed.

The prospectus has been issued of the Imperial
Moorish Loan for £426,000, in bonds amounting to
£501,200, at 85 per cent., and bearing interest at 5
Per cent• per annum, payable half yearly in Lon-
(1". This loan is in virtue of a convention between
the
English ',Government and the Emperor of Mo-
tneeo, to assist his Imperial Majesty to fulfil his
obligations to the Government of Sain. The Em-
Peror of Morocco binds himself to hypothecate, for
the payment of the interest and loan, the customs'
revenues of all the ports of the Moorish Empire,
and the English Government appoints special corn-
inissi"ers to receive the customs duties. The
average amount for the last five years of the
revenue of the customs is stated to be £322,904
,Per annum. The loan is to be re-
°eenaed by a sinking fund of 5 per cent.
,Per annum, and the bonds are to be drawn
°Y lot, half-yearly, to be paid off at par. Sub-
scribers have the option of paying the instalments
la anticipation, and will be allowed a discount of
Per cent. per annum, but in default of due pay-
'neat the instalments will be liable to forfeiture.
The drawings by lot for redemption will take place
lalflearlY, and the number drawn will be adver-
tised in the public papers. The scrip is already
nominally quoted 3s. to 4s. prem.
At the half-yearly meeting of the Union Bank
Australia to-day, the report, which was unani-
niously adopted, stated that' the liabilities of the
establishment were £6,107,029 ; the profits made
during the past six months 78,606 Bs. od.; and that
the reserve fund amounted to £200,000. A divi-
dend for the half-year of 7 per cent. was carried,
and the chairman congratulated the shareholders
upon the satisfactory position of the
bank, although the period just closed had
not been one of prosperity, but of great depression
to all persons engaged in the Australian trade. It
NVas also stated that though in nearly every depart-
ment of the bank a smaller amount of business had
been transacted, yet the profits, on the contrary,
Were larger than on any other occasion. The recent
defalcation in New Zealand by a clerk, named Bur-
ton, to the amount of £BOO, had been written off,
and the amount now held against bad bebts was be-
lieved to be sufficient to cover any losses that might
arise.
There has not been much animation in the Eng-
lish Stock Market, the speculators being very cau-
tious in their transactions. There has been, how-
ever, a demand for stock on behalf of the investing
Public, Which, in conjunction with the favourable
fueling"ng generally entertained with re and to the
li;
t g
eure course of events, has given strong support to
`431. quotations. Consols are 931, for money, and
4,* for the account. The New Threes were 931;
ionee22itsedneed, 931 ; and Exchequer Bills, June, 21s.
p
prem. ; Bank Stock was 2391 240 ; India 5
p Cent., 1051 1061; the 5 per Cent Enfaced
t:tper, 991 100; ditto 52.- per Cent, 106; and ditto
ebenturea, 991. 3
'oreiMOre
uoyancy has been perceptible in the
li 6 ''Market, but the dealings have been rather
Turkish 6 per Cents. are 82 to 821: ;
litto' 1858, 72 73 ; Mexican have improved to 281
Russian , to 991 ; Spanish, to 51-i'l ; and Italian,
Brazilian are 1011, and Portuguese, 461 .
EhThe New Moorish Loan is 4 to 5 per cent.
today were of a rather limited character, and the
Nt Lars in prices have not been important.
an° ester, Sheffield, and Lincoln, and Midlands
have improved 55., North Western 108., and
-lancashire and Yorkshire 15s. ; South Easterns,
however, have declined ss. The other lines
dealt_ in exhibited little variation in value.
tiein the Foreign and Colonial undertakings the
slings have been
,extremely limited. South
atkustrian and:Lombardo-Venetian realise 18L being
Shade firmer ; and Bahia and San Francisco have
improved to 151 ; Grand Trunk of Canada, Great
peninsula
of Canada, East Indian, and Great Indian
'eninsula remain at previous rates.
Inint Stock Bank and Miscellaneous Shares have
shown a slightly upward tendency. Union of
Australia have advanced £1 ; Oriental Bank, ss. ;
London and South African to 91, 10 ; and London
3.oint Stock to 331 y ; Crystal Palace Debentures
have declined to 101 ; Red Sea and India Telegraph
realise 191; and Royal Mail Steam, 491, 501.

BRITISH FUNDS—ONE O'CLOCK.
Dank Stock
923391 40
.Per Cent. Reduced Annuities
Per Cent. Consols Annuities
'JuVeNvlia 3 per Cent. Annuities 92/ 3k
Stock
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent Ditto 5 per Cent. lOO 99k
Ditto 5-1 per Cent lO6
Ditto Debentures, 4 per Cent., Oct., 1863 991 /
Ditto ditto April, 1864 99t k
Cools fort
Account, ditto Feb 6 Aug. 1864 or 66 99k
93/ i
India Stock for Account, 5 per Cent .. • • 106
March. I Jun 4.
ttehequer Bills, £l,OOO 2.1.... 24 22 1
Ditto
Ditto £5OO ..... i 21 22 1
Small ................ I 21 25
, FOREIGN FUNDS—ONE O'CLOCK.
45r•azilian 5 per Cent ............
,_Ditto 41 per Cent, 1860 ...
Aloxican, 3 per Cent
, Ditto Acco ,nt
'
uttruvian 3 per Cent ...................
i Ditto Account .
c'tubrruese 3 per Cent., 1853 —
Ditto .account ' 46
Russian 5 per Cent. 1822, £ St ..
!)3tto Account
60
Ditto 3 per Cennt.. 1859
A:inish 3 per Cet
Ditto Account
Ditto Ditto Acountc New Deferred
421
Turkish Cert. of Coup. not funded
.urkish 6 per Cent.
821 2
bitto Account
Ditto New Loan
" 21
Ditto Account
Italian, Divdends
.on the above payable in L
3 oni don.
6a ,
per Cent, 1861
TWO 0' C I-J" K .
Consols' Money
Ditto Account
A

Public meeting is to be held in Islington to-
Pc.i4nr,.4B the end of the current month, at which Lord Grani
has consented to assume the chair, for the purpose of
otartrating the project for establishing a Finsbury School
ganer_t. in conjunction with a museum and public picture-
-444 r es, to be called the North London Gallery, Museum,
sollool. of Art.
e Duchess Sforza Cesarini, and her son, the
uke de
have arrived in town from Turin.