The Sun.
London, England, 1862-12-23 00:00:00

MONEY IVIARKET.

CITY NEWS-YESTERDAY.

About £107,000 in gold was sent into the B,tok
to-day.
A general meeting of the shareholders is the Bank
of London is convened for Jan. 19.
The Liverpool cotton market was steady, with
sales to the extent of 8,000 bales.
W 0 understand that the tender of the Royal
~,
Steam Packet Company for the conveyance of
the mails between Southampton and Brazil has
been accepted by government. The new contract
is for a period of seven years, and the previous sa-
tisfactory arrangements will be closely adhered to.
The whole of the tenders sent to government for the
West Indian mail service are believed to have been
rejected. Fresh tenders, however, are expected to
be invited.

Advises received, via New York, announce that
the whole of the £200,000 in specie and bullion, as
well as the cargo from Greytown, had been saved
from the wreck of the Royal Mail steamer Avon.
The cargo consisted chiefly of indiarubber, and has
Little
but trifling injury from the water.
"I'ltVe hope was entertained of saving the vessel.
Messrs. Baring Brothers and Co. have announced
1/43111ent in due course of the dividend falling due
ii°ll lan. 1 on the Venezuela 3 and 11 per Cent.
°Qs, at the rate of 2 per cent. on the former and
,
Per cent. per annum on the latter, as agreed to by
r,sthe bondholders at a meeting held at the London
falling
on the 20th June last; also of the dividend
due at the same time on the Venezuela 6 per
Cent. Certificates which have been issued for arrears
of interest on the 3 and 11 per Cent. Bonds.
The commercial advises from New York state that
the financial recommendations of the Committee of
437 e and Means were expected to be adopted by
( 411gress with some modifications. The proposal
that the Government should already retract their
Pledge to pay the interest on the national debt in
sold was thought likely to be set aside for the mo-
ment, Mr. Chase having already borrowed from
the banks enough to meet the sums on that ac-
count falling due on the Ist of January—nearly
£BOO,OOO. That the step would be taken before
the next period of heavy payments was consi-
dered certain. The proposal to limit the circula-
tion of the various banks throughout the Union
by taxation seems to have little chance of success
In the face of the influence possessed in Congress
those institutions. The reports of the urgent
Seed of the Government for means to supply their
current liabilities were strong and general, and an
immediate issue of additional paper was therefore
thought to be unavoidable. Experienced financiers
were preparing for this result, and were acting on
the view that on the passage of the bill now under
.1
Iscussion for the purpose the premium on gold will
3,1,14 up to 4,0, with a prospect of a further advance
the moment the issues shall actually commence.
44,t the same time great doubts are expressed as to
faithfulness of the figures lately presented by
„,),"
r• Chase of the total amount of the Government
•videbt. Business generally had been dull, and the
canals are now closed for the winter.

CITY NEWS-THIS DAY.

CITY, TWELVE O'CLOCK.

The enquiry for money continues quiet, and the
rates still denote an abundance of money, and a
tendency to greater easiness.
The final call of £1 is to be paid on the shares
I)! the Hereford, Hay, and Brecon Railway Co. by
Lae 29th inst.
There is an increase of £897 in the traffic receipts
of the Brighton Railway, but a decrease of £1,260
On the South-Eastern for the past week.
Business in the Foreign and Colonial Produce
Market during the last day or two has been more
active. Sugars have been a little dearer, while
coffee, cocoa, rice, and saltpetre have also been at
slightly enhanced quotations. Tallow has been in
limited request at barely previous quotations,
P,Y.C. on the spot and for spring delivery being
Marked 455. 3d. and 455. 6d. per cwt. respectively.

Two o'CLoCK.
The Liverpool cotton market to-day was very
strong, and the quantity offering much reduced.
There has been no alteration to-day in the
Market for the English Funds, which, however,
although quiet, are firmly supported. As the
members are disposed to take advantage of the
°PPortunity now afforded for suspending operations
until next week, very few fresh engagements are
o
and the market therefore exhibits an in-
active appearance. Consols are firm at 921 / for
Reduced
and the account. The New Threes and the
4teduced Annuities have been dealt in at 921 4 ;
Bank Stock at 232 234; India 5 per Cents. 1071
I°B4 ; Enfaced 5 per Cents. 1051 * ; the 61 per
tents, at 112 2 ; and the 4 per Cent. Debentures
1001; and Exchequer Bills 10s. to 14s. prem.
The transactions in the Foreign Market have
been
Circumscribed, but no important variation has
°ecurred. Turkish 6 per Cents., 1858, 701 71 ;
ditto, 1862, 714; and the Consolides, 401 41 ;
reek Bonds are steady at 16k ; the Coupons at
Im
tl4 Mexican at 321 ; Egyptian have improved to
New
954; ditto, 2d issue, to 931 941 ; Portuguese
Loan is 48k ; Spanish Deferred,46l ; ditto Cer-
t.
I,leatee, 8/ ; Venezuelan 3 per Cents. 251; and the
ew Scrip is fiat at 2 11 dis.
In the Railway Share Market the dealings con-
-1,4"d very limited, and prices, in some instances,
;re a shade lower. Great Westerns, London and
ackwall, North British, and North Eastern
'Berwick) receded 55., and South Easterns, 10s.
Great Easterns, however, improved 55., and South-
" esteras ss.
The
teForeign and Colonial lines were without ma-
tal variation. South Austrian and Lombardo-
vrenetian remained steady at 231; Bahia and San
li,
isrlateisco at 20 ; Recife and San Francisco brought
le; Grand Trunk of Canada declined to 221 ; and
Madras Five per Cents, improved to 1051 106.
. ,°iat-Stock Bank and Miscellaneous Shares
e
aid 44 ibited no material change in values. London
Brazilian
Westminster improved to 801 ; London and
brought 311; Ottoman Bank, 331; Union
of
Australia, 60 ; Australian Agricultural shares
allied 241; and South Anstralian Land, 33.

BRITISH FUNDS—CLOSINt PRICES.
allk Stock
32331 4 2
a Per Cent. Reduced Annuities - i
Neer Cent. Consols Annuities 92iiii4
j 3 Per Cent. Annuities
rr
Dittoi tt e E 5
ncila Stock
~,l)?tto 5 per Cent lOBl 71
Ditto :faced Paper, 4 per Cent .. .
5 per Cent
per Cent.
-bitto Debentures, 4 per Ct., Oct., 1863 1001 I
elc,ols for Account 92/
ehequer Bills, £lOOO, 21 per Cent —
Ditto £500
"Jitto Small l4 10
tr,.„I",OREIGN FUNDS—CLOSING PRICES.
''''"all 5 per Cent
Ditto 41 pea Cent., 1852-58-60
73Ptian 7 per Cent 944 51 41 6
Qi:tto, Second Issue
Dittoper Cent., 1824-5, ex-Coupons 166
Coupons 7
he'9ean 3 per Cent --,
e"itto Account
Porto 4
ttanada 2 per Cent ....
13.,,,,1itt,tt00:. over-duo. Coups.. & Hectares 121
.gilese 3 per Cent., 1853
1)14.6 3 per Cent , 1862
span • "'crlP, £2O paid -1 pm
Ditto 5 per Cent., 1822, £ St —
5 per Cent., 1862 9l :1
tril 3 per Cent
.„,.tto New Deferred
s -Unto Accout.t
TP7titsob6Cert. of Coup .. 464
Ditto not funded
IlijiBl-1 6 per Cent. 1854
. per Cent. 1358
.T.,, account 7Ol 1
*Ditto Paid-up Scrip
:ilunto 7la 1
.jetzto4ol,l 3 per Cent
ACcount..
'254 5 41
c o.:
sitotio6 per Cents,, 1862 (Scrip), ,E 53 pd 2 1 2 A dis
1) Dividend;i n the above payable in London,
Dutch 21 C il Ex 19 Gu
1-:pleoernreCveeniatt7Cert.ifiLtes
THREE O'CLOCK.
92a
Ditto, Account, Jan. 8

„,The Constitutionnel of yesterday contains para-
to.aph •
to signed by M. Boniface, stating that it is authorised
1\1.6
a complete denial to the news published by the
ion
Wjar7("e, alleging that in a
the latter declined to conversat. between M. de
iges and Signor Farini, resume
Y gotiations on the Roman question because they were
40t
ilkelY to lead to any result. The Constitutionnel also
I,sanries that the Chevalier (zi Nigra, Italian ambassador at
4, is, had held similar language to M, Drouyn de Lhuys,
Was likewise Amerted by the Opinfoie.