The Sun.
London, England, 1862-06-26 00:00:00

MONEY MARKET.

CITY NEWS-YESTERDAY.

An instalment of 10 per cent. fell due to-day
on the Italian (Maremmana Railway) Loan for
£1,338,000.

The fortnightly settlement in shares and foreign
stocks will commence on Friday ("continuation
day") and terminate on Mondry.

The amount of gold taken to the Bank to-day
was £17,000.

The Delta will take on the 27th inst. £26,339 in
gold and £34,240 in silver for Bombay.
The position of the cotton trade is becoming
more serious and complicated than ever. Specu-
lators are rushing eagerly into the Liverpool mar-
ket, where extreme excitement prevails. The
transactions to-day comprised fully 25,000 bales,
of which one-half was taken on speculation and for
export. Prices were quoted not less than 11d., and
in some instances, ltd. per lb. higher than on
Friday.

The weather being apparently somewhat more
settled, the wheat market to-eay was dull.
The traffic of the metropolitan railways is now
being a good deal raised by the influx of country
people to the Exhibition. The London and North-
Western return shows this week an increase of
£9,364 ; the Great Northern, an increase of £2,809
the Great Western, an increase of £6,846; and the
London and South-Western, an increase of £5,593.
The annual meeting of the Netherlands Land
Enclosure Company is called for the 31st July.
The Master of the Rolls proposes on the Tth July
to settle the list of contributories of the Agricul-
turist Cattle Insurance Company.
There was a relapse of about per cent, in the
afternoon in the India 5 per Cent. stock, which,
after having marked 1091, closed at 109 to 4. The
rupee paper was inquired for.
Exchequer Bills were firm at Os. to 10s. prem.
The discount market continues easy, and the
supply of money is evidently increased by the be-
lief that it will not be possible to keep the rates at
their present point much longer. Good short hills
were taken to-day at 2Z and 241 per cent. At the
Bank of England Discount-office the applications
were very limited.
The news given yesterday of an advance in the
exchange at New York to 118 is confirmed. Here
great depression prevails in the market for Ameri-
can securities, and prices are falling, great anxiety
being felt with regard to the course of affairs in
America.
stock It appears that the £5,000,000 of Portuguese
, o which ;
Lt is proposed to place by a single
peration, will
complete the amount which the
Government has been authorised by the Cortes to
issue, for making railways and roads. It has been
known for some time past that this amount has
been hanging
over the market, and considerable
Parcels have been placed from time to time by the
Government agents. The course now about to be
adopted is certainly the more open one. The loan
probably be issued in London and Amsterdam.
At Paris to-day the 3 per Cent. Rentes opened
tit 08,50,
and closed at 68.35 for money and 68.40
for the account, being to t per cent. lower than
yesterday.
The half-yearly interest is advertised on the 6
Per Cent. Debenture Bonds of the New Brunswick
and Canada Railway and Land Company. The
special meeting
26th of this company, convened for the
is -
inst. postponed.
alter Cation
the market for bank shares to-day the only
Was an improvement in London and
ounty- Nerbudda Coal and Iron shares were
again in demand, and experienced a fresh advance
Land,sB. being quoted Ito 11 prem. Van Diemen's
and Telegraph to India shares were heavy.
Of the £360,000 of gold on its way to Europe
from America by the Saxonia and New York, the
larger portion is believed to be for England, and as
there is at present no inquiry far specie for the
Continent, these arrivals, together with any other
that may bike place, are likely to find their way to
the Bank ,where, but for the temporary withdrawal
Of sovereigns that will occur on the payment of the
dividends, the total might soon be expected to re-
turn to the high point attained at the beginning of
last month,

CITY NEWS---THIS DAY .
CITY, TWELVE O'CLOCK.
he i'' iikteretit VII l'Alenignn Ventral naltway u per
nat' ilonds, and on the New Brunswick and
-anada 6 per Cent. Debentures will be paid on and
after the lst proximo.
iThe City of New York has arrived from New
rork With £245,100, and the Suffolk, from ott
rhilli p
P, with £142,348.
The last week's railway receipts,
a ascertained up
to this `Lay, are in round figures as under :-
1862. 1861.
Great Western
£66,255 £59,409
North-Westen; **********
South- n;
************ e 28,888 23,295
Midltrighton ************* ***
21,581 21,273
and **************
*** 06,357 38,849
South-Eastern' **********************
23,128 22,31
24,70.
Great Northern ***
: ******************
3237:450627 3,9,Qn3
tancak.ar'• e and Yorkshire,***
*
Bristol and Exeter
7 292 I,"
North-Eastern ********************
3,7,492 41,643
Eastern Counties.:: ******************
27:270 24,758
111anchester Sheffield, **
* •di:in"cOln. ******
13,252 15,200
Glasgow dSouth-Avetis 7,420
7,666
Great Western of Canada e.ra ********** 8,782 6,814
*******
These returns, with one or tvvo exceptions, are of a
favourable character. On the Great Western there
£
is an increase of £6,846; on the North-Western of
B 9 364;ighton of on the South-Western of £5,593; on the
r £3oB; on the South-Eastern of £740;
on the Great Northern of £2,809; on the Eastern
Counties of £2,512 ; and on the Great Western of
Canada of .£1,968. Midlands, however, exhibit a
decrease of £2,492; the Lancashire and Yorkshire,
£6,205; the North-Eastern, £4,151 ; and the Man-
chester, Sheffield, and Lincoln, £1,948—owing to
turing districts.
the continued depression of
trade in the manufac-

Two O'CLOCK.
Very little business has been negotiated in the
Money Market to-day, it is evident that the and
mercantile community, anticipating increased
easiness, are merAelyl supplying their most pressing
requirements.
proportion of the paper
brought forward haasrognel
period to run, and
this description is shortnego3titlpt.
per cent., and
in exceptional cases at 2s per cent.
21
This conces-
sion has the effect of preventinentb
proceeding to the Bank of i:i Jangrrowers from
3 per
cent, is charged, and it is not improb.wateirethat a
further diminution will be exhibited this
in the stock of other securities held by theevening
autho-
rills&

At the meeting to-day of the London and Pro-
vincial Marine Insurance Company, the report gave
a satisfactory a ccount of the progress of the under-
taking. The balance of profit on the underwriting
account amounts to £37,458 7s. Bd., and the direc.
tors were consequently enabled to recommend pay-
nient of interest for the year at the rate of 5 per
cenAt• Per annum. The report was adopted.
meeting
Corn has been held to-day of the Canada
and a
div*Pll37' When is.end, on, the report was adopted,
free • "t of assets,in hand, of £3 10s. per share,
of ineeroo_,
Lull Stock market .
The Eno tar, was declared.
heavy, althouoiis
Consols are 9145 : dull, and rather
°material change has taken place.
The New Thr:e.s4 forineeey,
e; Exchequer Billaen the and 91t for account.
i
Reduced are flat at 912
prem. ; but the India a_ve improved to 7s. and 10s.
to 1081 1091. a 0 par Cent. Loan has receded
A fair amount or tee-
the Foreign Market t iness has been negotiated in
hav© advanced to 843 to-
tiii.e.Y. Turkish 6 per Cents.,
New Scrip to .4 preen,'
Egyptian
1858, to 701 71 ; ditto
prem. ; Russian LoarL g37Ptian is firm at 31 1
discount; serdinian 8, Scrip have receded to cl, 1
fiat at 72k, ,/-; Italian-
In the Railway Share
been more animated and Market the operations have
advance, owing tx) the favourable
prices have shown a slight
traffic returns. Caledor,azuGrable 1,
shown
of the
Western, South Western, i‘ireat Western, North
and Lincoln, and Midland havaenchester, l
and London and 'Brighton
xlea. eLh improved Sheffield; ;
Yorkshire, North I:astern (Berwicka)ncashire and
Wales, however, /Lave declined about 6 and
South
The Foreign an .c 1 Colonial Lino h 1.
have been heivvy.