The Sun.
London, England, 1857-08-31 00:00:00

- -
veloplng the latent resources of this fine.Cllsitti**44,4z,
mentizg its ;seri h, and elavating its tccial:einpAio-; V 7 1-i
"I- now declare this Parliament to beipicz4k VF.-1
Tuesday, the Ist day of September next. - A*4;
.1214
COMMERCIAL INTELLIGE 9 ;
Argus-ofact,,
Eiport entries were passed to-day at the CusetMor foil
14,13-0 oz. of gold for shipment. Of this quantity 10441'9, ka
oz. were for England by the E lropean ; I,s4witils
Calcutta by the Shah Jehan ; and 2,085 oz affilt 2
port by the Vitanipincag. The opportun ties cffering
for shipment are beginiing to have an effect on the
golifields markets, the banks arid other largo sbippese
beine desirous of making up their parcels. The foil w
ing are 'no nriCes it which the Melbourne brokers are
buying ;-3/. 161. to Si. 17s. per cz. for Castleunaine and
h first ; 31. I6s. 91. to 31 17e. for Mount Korong ;
3/ 17 3d. to 31. 17s. 91. for Dunoll.-i•Maryborough,
Fit ry Creek,
and Avoca 31 17e. to 8./. 19 for the
Ovens ; and 31.- Hi. 6d. to 3/. 19s. 61. per oz. for
Ballarat.

It i 3 expected t'lat the Nir'olk, will have about
100,000 ounces on hoard. She will sail on the lst of
July.

The e•cirt returns have not been up to the average
thi's we-k as regards the total q6antity, but the separate
amount 4 from the several fields are maintained. The
escorts fr3m the Ovens district and from Denolly arriv-
ing fortnightly give every alternate week an advantage
in proportion to the ratio of their production. The
reps rte from the mining districts have been encouraging
ibis weir. At the new fields known as' " Ararat" and
" Arms rong'b" large numbers of miners:lave assenal-d,
drawn together by the extravagant reports that were
flyit g about. A large extent of shallow sinkings bra
been opened up, and the result has been that the escort
rettlini have risen up from 150 oz. to 1,100 oz. in the
space of a fortnight. At Bendigo we notice the safe •
arrival of the large boiler, for the extensive crusiing
machinery in course of. erection by Messrs. Grant and
Stevens, The compl•tion of this undertaking will
timulate the energies of the quartz miners on this field
by the opportunity it will afford for the immediate con-
version of their raw material into marketable shape.
The quantities received were—

Ca,tlemaine
Sandhurst
Ballarat

Oz. Dwte.
6,670 0
8,531 10
]4,120 10

27,491 10
Previous escorts of the year 1,015,174 5

-

Total
The shipments for the put week were—

-
Oz.
By the Montmorency, for Liverpool 50,195
By the Oithona, for Hong Kong
By the steamer to Sydney
Previous shipments of the year, corrected by •
comparison with the entries passed at the Cus-
toms' .4, 1,185,517 ,

Total 1,238,428,
Or 51 tons 10 cwt. 1 qr. 10 lb. 1 oz., the value of which,
at 41 per oz., 'amounts to 4,945,7121.
The quantities of the precious metal that have left the
port monthly during the year have been as follows. In •
the month of January about 80,000 oz. are included,.
which were cleareil at the Customs during the piavious"

Oz. Dwta.
January - 250,132 7
February - , 175,511 4
March
April
May 291,591 5

Exchange on England remains at 2 per cent. prem.
Di aughts against geld are purchased at 1 per cent. prem.
Freight on gold by direct steamers and sailing•vessels
3id. per oz., delivcrab!e in London. Insurance, 1i per
cent.

The money-market-has been very-quieti dnring the
month that has elansed.ainae_our laA summary. There
has been a tendency to speculation is joint-stock
undertakings, but thislai heen:confined'in the rnain to
a small knot of capatalists wbb have not been jo,ined
the public. The chief event of the month has been the(
openint, of the tenders fOr the new_ issue of debentuatet
by the Government. Those of this series' biting the
811'01-test dates te.rtm-70 of 1001, eachi.paye.blqaquary,
1858, and 130 of 1001; each,. payable januark, 1859,
were,taken up by Messrs. Miles' Kingtorc and Co., for
the ptirpose'of remittances, at 103/: 2e Bd. per deben-
ture, and will beisaned for the English market, principal
and interest being made-payable in London. One thou-
sand debentures falling due in parcels of :206, each' sue-
needing year from 1863.t0_1867-inclusive were_tfticeh-up
by, the Commissioners *(SY Btivings-banksfat" the fucifolm
rate of 105/. Oa. 6j. These will belAsued -paysiblOn,
Melbourne, and Ake amount, 105,620:,:may ,be said; to
represent the contribution .teivarda tbe=loan by tha
humblest class of colonial .rapitaliste4,:7The unaccepted •
tenders have not yet been made public, but by- a 'nine.
(pent notice in the Gazette we perceive that -thosalor
which no tenders were accepted on the Bth inst..are,Unw
purchaseable at the Treasury. They consist of 200'de-
bentures, of 1001.- each, payable in -1660 ; 200 pa,y4le
in 1861 ; and 200 payable in 1862.
Tae tendeUcy to speculation in the shares of colonial

'

undertakings to which we have alluded has, tbwever,
caused a grea+er demand for money. It is, howt.vev, a
satisfactory sign of, the times that the banks generally
hale not encouraged the loaning of money,on the ;deposit
sit
of sbaree. • City of Melbourne t pa, Cook. Dc , scion
due in 1867, have been sold at 105, and South Au:-
tralian Six yer Cents, at 104. A parcel of Eight•per
Cent. Debentures, bearing the guarantee of the New
Zealand Government, and falling due in 1865, have been
offered in the market at par. There has been a con-
tinuous attempt to move up the price of the shares of the
Melbourne Gas Company, but in the ab,ence of any re-
ported transactions we are still unable to quote them ;
30,000 additional shares in this company are about to be
issued. Colonial bank shares are saleable at 3/. 10s, 6d.,
with few in the market under 3/. 12,i. Hobson's Bay
Railway have been done at 911 to 92 for cash,.and at
95 for account.

Although for speculative purposes money is not abun-
dant, it is readily obtained on the security of landed
property at 8 per c.,-nt. The, bank's are charging 7 per
cent, for bills under 60 days' currency.

Avoca
803 10
1,783 10 Fiery Creek •
eras wick'd Creek
751 5
Amherst
Maryborough
Blackwood —. 3,236 10 ,