The Sun.
London, England, 1867-07-06 00:00:00

11 o N E St 7 II A it KET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.
The condition of the Money Market remains un-
changed. The inquiries for accommodation are
very moderate, and the sales merely nominal. With
regard to this subject the Bullionist states as fol-
lows The 4th has passed over satisfactorily,
and now we are approaching the period for the pay-
ment of the dividends. It is almost certain that we
shall have the rate of money 2 per cent., and that it
will rule at a moderately low price for some time to
come. There is no disposition in any quarter to
enter into loan transactions, and it is quite
evident the encouragement of industrial en-
terprise will be limited to the soundest
undertakings. Every one acknowledges that
there is the greatest difficulty imaginable in carry-
ing out financial operations of any kind. Several
large engagements have been attempted within the
last three weeks or month, but after every endea-
vour the negotiations have failed. A very different
state of things will have to exist before an effective
movement can be made with any such operations.
The
supply of capital is superabundant ; the terms
for short dated paper rule from 21 to 21 per cent.,
and it is said some of our great mercantile houses
have taken in picked bills at 1 and 2 per cent.
Of the enormous amount of money that will be
available there can be no doubt ; the great question
is the character of the channel into which it is likely
to pass.,, _ _

The specie movements during the past week have
again been of a rather extensive character as re-
gards the imports, which have amounted to about
£434,534, including £ll,OOO from New York by
the City of Washington, £35,000 by the City of
Antwerp, £lOO,OOO by the Bremen, £12,400 by the
Cimbria, and £35,000 by the Cuba. The Seine,
from the Brazils, has brought £143,560 ; the Cala-
bar, from the West Coast of Africa, £lO,OOO ; the
Celeono, from New Zealand, £13,500 ; the China,
from Alexandria, via overland from Calcutta,
and China, £7,464. £42,000 in silver has been
received from Turkey, £3,750.fr0m Portugal, and
£20,860 from the Continent.

The exports have comprised £677 to the East
Indies and China, by the Nyanza; £9,366 in silver
has been despatched to Sweden, and there have
been remittances to the Continent, through private
sources, estimated at £B3,ss6—the total amounting
to £93,599.

Gold, to the amount of £lO,OOO in bars, and
£30,0G0 sovereigns, were received at the Bank of
England yesterday.
The tenders for the Tasmanian Government 6 per
cent. loan were opened to-day at the Bank of New
South Wales. The sum allotted was only £l,OOO,
the remainder of the applications being below the
fixed minimum price of £95. The balance of the
loan (£91,300) is to be kept open.
Atlantic and Great Western Railway Debentures
remain steady at 30.32, and the Consolidated
Mortgage Bonds have advanced to 24 251.
The directors of the General Credit and Discount
Company, who by the articles of association are
authorised at any time after the 30th of June to
pay such sum, not exceeding 5 per cent. per annum,
on account of dividend as they may think fit, have
decided tb pay, on the 22d of July, at the rate of
5 per cent, per annum for the six months ending
the 30th of June.