The Sun.
London, England, 1862-08-25 00:00:00

MONEY MARKET.

CITY NEWS-SATURDAY.

The discount market presented no new feature.
The rates for good bills remain at 19 to 2 per cent.
At the Bank of England the demand was of an ave.
rago character for a Saturday.
The accounts from the Vienna Bourse continue to
indicate some distrust, owing, no doubt, to the ac-
counts from Italy.
The ninth call of £2, making £l9 paid, is to be
paid on the shares in the Ottoman Railway Com-
pany by the 17th October. The half-yearly meet-
ing of this company will be held on the 29th Sep-
tember.

The Peruvian agents have published the numbers
of the Uribarren and Arica and Tacna Railway
Bonds which have been cancelled under the action
of the redemption fund for the six months ending
the Ist ult.

The amount of gold taken to the Bank to• day was
£lO,OOO.

The steamer Australasian, from New York, has
brought 178,000 in specie.

CITY. NEWS---THIS DAY.

CITY, TWELVE O'CLOCK.

The progress of business in the manufacturing
districts last week continue moderately active.
Business at Manchester, however, was in some
measure interfered with by the advanced prices
demanded for both cloths and yarns. The woollen
trade at Leeds remained without material change,
while at Bradford and Huddersfield there has been
more animatio❑ in most departments. At Leicester
and Nottingham a steady business has been done in
hosiery and lace goods, while in the hardware dis-
tricts, viz., at BirMingham, Shtffield, and Wolver-
barnPten, there has been little change of importance.

Th:•re is rather less inquiry for discount accom-
modation in the general market as well as at the
Bank of England, and the rates show a tendency
towards greater easinesp, although the alteration
hitherto has been of a fractional character. Never•
theless, there is an abund int supply of money, and
as there is still but a moderate demand for com-
tnercial purposes, competition is stimulated, and
those who require assistance are enabled to obtain
on very favourable terms.
_ .

Notice has been given that a portion of the cou-
pons of the South Carolina Railway Bonds, which
became due on the let ultimo, will be paid in Lon-
don daily, and that arrangements have been made
for the payment of the remaining portion in
Char:eston.

Two O'CLOCK.

At Paris to-day the Three per Cent. Rentes
Opened at 68.72, being about 1-16 per cent. better
than on Saturday.
The Liverpool cotton market continues strong,
and sales about 10,000 bales, at the highest quota-
tions of last week.

The English Stock market has presented a more
buoyant appearance, and a few speculative pur-
chases have led to a rise of t per cent., Consols
being 931 { for money and the 4th proximo. The
transactions are still exceedingly limited, but the
continued fineness of the weather has caused a
better feeling to prevail. Trio New Threes are
steady at, 933 ; thelteduced flat at 831 ; Exche-
quer Bills remain at 18s. to 21s. prem. ; Bank
Stock is firm at 239 and 240; and 5 per Cents. are
1081
13usineas in the Foreign Market has been rather
less active than of late, but prices show scarcely any
Change. Turkish 6 per Cents. are 85 86; ditto,
1858, 71k 72; ditto New Loan Scrip, 1 U 3 dis. ;
and the Consolides, after being 331 344, have re-
ceded to 331; Italian 6 per Cents. are depressed,
at 68i 69k ; Egyptian paid up Scrip is 94, and the
£2O paid of the 2d issue is 91 101 prem.; Portu-
guese Scrip is firm, at 21 I prem.; but Sardinian
have receded to 821
In the Railway Share Market the operations
have been rather limited, but prices have, in one or
two instances, shown more firmness. Caledonian
and Lancashire and Yorkshire have advanced 55.,
While Great Westerns have receded ss.

- The Foreign and Colonial lines have remained
Without any material change in values.
Joint-stock Bank and Miscellaneous Shares fully
maintain previous prices. Ottoman Bank realise
,291; Alliance of London and Liverpool, 111 ;
44condon and County, however, have declined to 36i ;
and London and Westminster to 78k.

Bank
BRITISH FUNDS—CLOSING PRICES.
-ostik Stock ....
3 Per Cent. Reduced Annuities
.t per Cent. Consols Annuities
4"' 3 per Cent. Annuities 934 4
Annuities, 30 yrs, expire sth Jan., 1880 —
Red
itto
Sea Telegraph, for 30 s
1908 ire sth April, 1885 1
25/1i
India Stock
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent —
I)itto 5 per Cent.
Ditto 5/ per Cent.
Ditto Debentures, 4 per Cent., Oct., 1863
Ditto ditto April, 1864 1004
..., Ditto ditto Aug. 1864 or 66 1004
Ditto Honda rl.OOO
Ditto übder £l,OOO
con.ols for Account, Sept. 4 (431, 4
Exchequer
Bills £l,OOO, 3 per Cent
Ditto £SOO
itto- Small
1.-.........
Brazili FOREI 5
perGN
Cent FUNDS—CLOSING PRICES.
_
an,
Ditto 41 per Cent., 1852.58-60
13?Ypti
an, 7 per Cent., Scrip
Ditto Paid-up Scrip
d
Ditto, Second Issue, £2O pd ....10 4 91 101 91 11$10} 11
Mexican,per Cent
1, /Ditto Account
'llligeese 3 per Cent., 1853..
Ditto Scrip, £lO pd .• . • 24 4 t 4
,
„Ditto, Paid up Scrip 46liissi,til 5
per Cent 1822 £ St —
Ditto Account
• Ditto 5 per Cent., 1862 (Scrip) .. 924
Sardinian 6 per Cent. .. —
_ Ditto Account
bP4DiAII 3 per Cent .
Ditto New Deferred
Ditto Account —
444
Spanish, Cert, of Coup. not funded
A orkish 6 per Cent. 1854
Z•bitto 6 per Cent. 1858
Ditto Account 714 2 la .
-Ditto, Paid up Scrip 67 64 74 61
D:vidends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. 25f.
THREE O'CLOCK.
Consols, Money
Ditto Account 93/ I

COMMERCE OF ENGLAND TEMP. HENRY
would scarcely be proper to pass from the mention of
William of Malmesbnry without chronicling what he re-
cords of the state of trade in other parts of England during
this reign. Bristol he speaks of as "a celebrated town,
and a port for vessels coming from Ireland, Norway,
other countries."."
Henry 11., in the eleventh year
of and
reign, gave the burgesses a charter. Chester he speaks of
as "situated in a poor country, producing scarcely any
wheat, though there is abundance of cat tle and fish, the poor
live on milk and butter, the rich on flesh." Bread made of
barley or rye is thought a dainty. Some trade with
Ireland supp'ies the place with such necessaries as
nature has denied to it. Dunwich is spoken of as a
famous se-port, stored with various kinds of riches.
Norwich was a papulous town famous for its commerce.
Lynn as a city distinguished for commerce and abundance,
the residence of many wealthy Jews, and resorted to by
foreign vessels. Gritn,by as an emporium resorted to by
Merchants from Norway, Scotland, Orkney, and tho Western
Islands. Lincoln was one of the most popular seats of home
and foreign trade in England, in const quence of the con-
struction of a canal of sever miles in length, from the Trent
at Torksey to the Witham at Lincoln, which had given the
City the command of an extensive inland navigation, and
rendered it accessible to foreign vessels. Whitby. Hartle-
Deo], and other places on the east coast, are spoken of as
Possessing vessels; and Berwick as a noble town belonEing
t° the King of Scotland, and having more foreign com-
Iterce than any town in Scotland, and many ships.—
%Per' s Port and Trade of London.
CoMMERCg OF ENGLAND UNDER ALFRED THE
GREAT —lf Alfred did not establish England as a com-
mercial nation, he went far to lay a sound foundation for
elaromerce. Tbere is no doubt that he obtained geographi-
cal information respecting the Baltic and White Seas. He
4180 made great improvements in shipbuilding, and in the
lecce of navigation ; and one of his laws shows that he
had due respect for foreigners arriving in England, fur he
made regulations for their piotection. In a succeeding
I.eint Ring Athelstan allured his sabjects to engage in
t:,lntzterce, by n law which conferred the rank of Thane on
suety merchant who made three voyages over the sea with
'vessel and care o of his own; but the greatness of this
i„tcWard would seem to indicate how few there were in the
it has
who were capable at that time of acquiring it • for
11.".',48 been well observed that '9 if many English merchants
ts
been traded to foreign countries, or if many of them had
en
Capable of fitting out and loading vessels, this attempt
15f .A.th
the
natural advantages of their insular situation, would
been neither ncceskary nor proper."—CaPper's Port
"44 Trade of LondOn.