The Sun.
London, England, 1861-08-28 00:00:00

MONEY MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

There is no alteration to report in the appearance
of the Money Market, the inquiries being moderate,
while the quotations still exhibit a downward ten-
dency.

About £82,000 in gold was sent into the Bank of
&gland yesterday.

No change of importance was exhibited in the
foreign exchanges yesterday afternoon.
Gold is now 7-10ths per cent. dearer in London
than in Paris, and 9-10ths per cent. higher here
than in Hamburg.
It was announced yesterday afternoon that
Messrs. Scott and Wright, engaged in the woollen
trade, had suspended payment, with liabilities esti-
mated at from £40,000 to £45,000.
At the half-yearly meeting of the General Steam
Navigation Company a dividend at the rate of 10
per cent. per annum was declared.
The half-yearly dividend on the State of Georgia
5 per Cent. Sterling Bonds has been announced for
payment on the 2d prox.
The Scinde Railway Company have determined
upon making a further issue for the remaining sum
of £167,000, required to complete the original
amount of £500,000 authorised at a meeting of pro-
prietors in March 1860. The Secretary for India
has sanctioned the issue of debentures for this residue
bearing 5 per cent., and a preference is to be given
to the shareholders of the company at the rate of
one share for every £l2O stock.
Continued activity prevailed in the Liverpool

Cotton Market 3 esterday, and the recent advance

was well maintained. The sales amounted to 15,000
bales. It is a remarkable fact that last week no
less than 15,000 bales of Surat cotton were sent
from Liverpool to New York.

The third series of public sales of Colonial Wool
for the present year, which commenced on the 18th
July, terminated yesterday afternoon, the quantity
offered amounted to 86,076 bales, of which about
half consisted of Sydney and Port Philip produce.
The attendance of home dealers was large, but
limited of foreign until the close, when a better
tone was apparent. Prices, compared with those
realised at the previous auctions, showed a decline
of 2d. to 3d. per lb., except upon the very superior
descriptions.
The English Stock Market continues tolerably,
active, and at the commencement of business in-
creased buoyancy was apparent, but a reaction has
since taken place, owing to several speculative sales.
Consols have been 921 I for money, and 92.1 for
the account, but they are now 921 t- and 921 4 re-
spectively. The New Threes and the Reduced are
firm at 9214 ; Exchequer Bills, March, are 2s. to
ls. dis., ditto June, 4s. to 6s. prem.; India 5 per
Cent. Loan is 1031

A fair amount of business has been transacted
in Foreign Securities, and prices are tolerably
steady. Turkish 6 per Cents. are 78+ 79; ditto
1858, 691 4 ; Mexican are flat at 21 ; and
Spanish at 49Z-; Chilian 41 per Cents. have im-

proved to 8217 Russian 5 per Cents. to 1021. ; ditto
4* per Cents. are steady at 901 ; and the 3 per
Cents. are 611.
The preparations for the half monthly account are
in operation in the Railway Share Market ; and
prices, in most instances, show increased firmness.

Eastern Counties and South Eastern have improved
ss; Caledonian, Great Western, Brighton, North
Western, Midlands, and West Midlands, 10s. ; and
Lancashire and Yorkshire, £l.
The Foreign and Colonial Markets continued
moderately active, without, however, any material