The Sun.
London, England, 1862-07-03 00:00:00

MONEY MARKET.

CITY NEWS-YESTERDAY.

A general meeting of the Arica and Tacna Rail-
way Company is called for the 24th inst., to declare
a dividend.
An extraordinary meeting of the Queen's Hotel
Company, Upper Norwood) is called for the 10th
instant, when the directors will submit resolutions
for increasing the capital from £50,000 to £60,000
by the creation of £l,OOO new shares of £lO each.
The Bonds of the Egyptian Loan will be ready
for delivery on the 9th instant, in exchange for the
made-up scrip.

The latest New York telegrams, reaching to the
evening of the 21st ult., quote the exchange 1/71
to 118, and the premium on gold 6-,1 per cent.
The ship British Empire has arrived in the
Downs from China, and has the largest cargo ever
brought from that country. It consists of about
4,000 tons, and includes 1,753,434 lbs: of tea, 1,300
bales of silk, and 2,680 bales of cotton. The latter
is a new importation.
The George and Henry has also arrived from
China with 423,500 lbs. of tea.
The gambling movements in Spanish Certificates
continue, and form the principal feature of business
in the foreign stock market. This paper having
been very buoyant yesterday, it was naturally to
be expected that it would fall to-day. Transactions
took place in the morning at 101, but the closing
quotation was only 9Z to being lower than yes-
terday. The rumour is now renewed that the
Cortes will separate without doing anything for
the holders.
The excitement in the Liverpool cotton-market
is undiminished, and the rates to-day were again
higlaer. According to the Manchester Guardian,
all sorts of people quite unconnected with the
trade (some of them ladies) are rushing headlong
into this speculation."
About £7,000 in gold was taken to the Bank to-
day, making a total of £400,000 since the date of
the last weekly return.
a The monthly supply of £300,000 bills on India,
rawn by the India Council, was offered to-day for
public tender in the usual manner at the Bank of
-n
1 gland. The minimum prices declared were
ll
11s. 11d. per rupee for bills on Calcutta, and
8. td. per rupee
altho on Bombay and Madras; but,
ratesugh these show a reduction of id. from the
Within the
declared en the last occasion, the applications
limits amounted only to about £260,000.

CITY NEWS---THIS DAY.
CITY, •
TWELVE O'CLOCK.
Although it is not expected that the Bank of__
England directors, at their meeting to-day, ill
make any alteration in their discount regulations,w
business in the money market this morning has been
partially suspended until the result of their .
deli-
berations shall have been ascertained. There is anis
abundance of money, and the specie
causing at accumulation of the metallic reserves ;
it is consequently imagined, that when the pay-
movement
meat of the July dividends shall have been made,
the directors will be in a
measure of relaxation.
The P Position to
(4th inst.)
—uxinef Which leaves to-morrow
adopt soma
with the India and China mails, will take out
4134,139 in specie.
The City of Washington 'has arrived from New
*York with £468,753 in specie.
t The last Week's railway receipts, ascertained up
o this day, are in round figures as under :-
1861.
Great 'Westrn
_1685%6 £58,531
North.west__ ................... 1:
101'091 93,915
south...wee jell'. .............. p -78 _
27 00 24,211
tr.ighton. • cetera ................... -- • -, 3 1 21,404
Midland . 24,17
91 37,624
soutiisasie.r.t; 1037582 23,312
VuGreat Northern. . : ..
: .
.....• •••e• • • • • 29,954 24,124
.leasbire and Yorkaiiire. • 33,840 40,79 g
..'letol and Ezet • • ........... 7 461
er
7,08
A owl- Eastera
41:307 43,272
tzlitiii C0untie5"........• • • • • • • • • ' • • :
.• : • 30,216 26,n;?,
%Eta bilrgh and Glaegov; 6,816 7,u
Gregow and South-W ..........
7,158 7,652
n
Luxembourg estern•
4,656 3,, au
Great 'estern of Cana 8,547 6,571
. These returns, With o•
ne . O.r two exceptions, are
...°t a Very f
Avottrable character. On the Great
Western there
on the
is an increase of £7,355 ;
orth Western of £7,176 ; on the South Western
°lf,. 3589 ; 04 the Brighton of £2,967 ; on the
~,nidland of £2,567 ; on the South Eastern of
the
".:;`,1850; on the Great Northern of £5,830 ; on
f::..e astern Counties of £3,361 ; and on the Great
:Etas er.n of r 7
themtnads. of £1,976. The depression of
eweilin
manufacturing districts, however, is
on the 1.,
—aneashire and Yorkshire, which has
declined mina,9s, and in the North Eastern, which
shows
a off of 41,965.
Company The half-year]
y meeting of the Australian Trust
will take place on the 28th inst.

Two o'CLocK,
As anticipated the directors have separated after
their weekly meeti g without announcing any
alteration in their tenrms of discount.
Very few tratztkionlsi have
in the English taken place to-day
preponderated, and h .arket. At one time sales
t e improvement recorded yes-
terday was temporarily lost. Buyers, however,
have again appeared, and the buoyant tone of the
Market has been restored. Consols, after being i
per cet. lower, have recovered to 91" for money,
917,- 92 for the 10th inst., and 92 92i
The New Threes and the Reduced are steady a
Bfor August.t
91,1 /. Exchequer Bills 9s. prem. Bank Stock has
receded to 234, but India Five per Cent. Loan re-
mains at 108:- t.
In the Per
Market Spanish Certificates have
again attracted considerable attention ; closing
price yesterday was 9: :, but to-day thethey recovered
to 91 10, and are now 91 I ; Egyptian Scrip is
iateady at 3/ prem. ; Mexican are fiat at 281 ;
talian 5 per Cents. remain at 701 ex div. ; Russian
Scrip is at i- dis. ; and Sardinian are firmer at 83 1 ;
Turkish 6 per Cents. are 841 ; ditto, 1858, 70/ / ;
and the Scrip paid up is 687_, a ez div.
In the Railway Share Market business has con-
tinued moderately active, and prices have shown a
alight improvement. Caledonians, Great Westerns,
MLancashire and Yorkshire,
idlands have advanced ss. South Easterns, 10s. ;
and the A Stock £1 to £1
have declined about Li.
Ss, ; Manchester, Sheffield, and Lincoln, however,
The Foreign and Colonial -undertakings
remained without change of importance.
Sambre
Steady at 13i ; have
and Meuse are firm at 101; and Great
xernburg
Grand Trunk of CanadLua. have im-
proved to 201 i ; Great Indian Peninsula, to 102;-, t;
and Great Southern of India to 100 t,
Joint Stock Bank and Miscellaneous Shares
continue in limited favour at about previous quo-
tationa.
Eastern Bengal Tea Company's
Shares are 1-4 to
i prem.

BRITISH FUNDS—ONE O'CLOCK. 234
Stock
9.Q n
Bank Per Cent R.e.d.u.ced Annuities
91i 1 '
Pet Cent. Co 1 Annuities
91 i
New 3 p„ c,e Ir° 8
india sttleit b. . Annuities
..... lOBl Z
Ditto 5 per.tfelit ...........
Ditto 0/1,1„ kl ,;40.n. •••• • • • •
Exchequer Bills £l,-000, ... per ***** nt... •9,-,
Ditto Small 1-DS—ONE O'CLOCK.
Buenos Ayres 6 per Cent .
'Egyptian, 7. per Cent., St •
34- 3
Ditto, PaiCl up Scrip, . -
Italian per Cent. (Iviarenailiaria.. . Railway).. . 7Ol,
Dittos Sp.......
Mexica 3 per Cent
Ditto Account
28i
Moorish Inaperial 5 per C.en.'t
95f
Portuguese 3 per Cent., 1853
t )44) Small .............
Russian 5 per Cent, 1822 i sts,.
Ditto o per Cent, 1852, Scrip . .....
SardiDitto Paid-up Scrip
ig-21
DittOnian 6 per Cent. ........... -4
ACCOillit .. . ... .•
..
• ........
..."..4.
Spanish Cert. of Cou.p.. .... fu'n.ded •
893e1 10
Turkish 6 per Cent. 1854, .
!situ) 6 per Cent. 1868 •" ''•
--:-..
'Mt() Account
701 a
Ditto, ilOO Bonds ................ 721 z
Ditto Ditto 182 (Scrip) •........................... -
, Paid up Scrip. ................. 6Si I #
Ditto Certifieatcd, Cher Cent.
.. .
.. 1031 3'
Dividends on above payablein London,
talian, 5 per Cent., 1861, Ex. 25f. ...... 70i i 70
TWO OTLOeli.
Conaols Money ...................... 911 t
Ditto'Accourt .. . ................. 911
Ditto A. 4., ditto.. .... .............. n i