The Sun.
London, England, 1863-01-12 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

The Money Market still appears very firm, with
rather an upward tendency, although first-class
bills can be negotiated as low as 2:4- per cant.
The steamer Massilia, which left to-day with
the Bombay mail, conveyed £59,978 in gold to
Alexandria, and £24,527 in gold and £198,075 in
silver to Bombay.

Tne suspension was announced on Saturday after-
noon of Mr. William Rutter, trading under the
firm of W. Rutter and Sons, wholesale umbrella
manufacturers in St.-Paul's-churchyard. The lia-
bilities are supposed to be about £20,000, and a fair
dividend seems to be anticipated. The books are
in the hands of Messrs. Ladbury, Collison, and Co.
The accounts from the manufacturing districts for
the past week are generally of a satisfactory cha-
racter. At Manchester, however, the high rates
demanded for cloths and yarns have checked opera-
tions. The woollen trade of Leeds, Bradford, Hali-
fax and Huddersfield has exhibited symptoms of
improvement, owing to an increased demand for
spring goods. Business at Leicester and Notting-
ham remains without material variation, while in
the hardware districts, viz., at Birmingham, Shef-
field, and Wolverhampton, there has been rather
more activity in most departments.

Two O'CLOCK.

The Liverpool cotton market to-day is quiet, and
sales about 4,000 bales ; prices favour purchasers.
The Three per Cent. Rentes, at Paris, opened
this morning at 70f. 45c., showing no change.
Since the previous report the demand for money
has increased, and very little business is now trans-
acted under the Bank minimum of 3 per cent. An
early advance in the rate of the Bank of France is
expected, and it is thought that a similar movement
will be announced here.

Increased firmness is reported in the Mark-lane
markets, but the prices of wheat, &c., have not
varied to any quotable extent.

The recent change in the prospect of the Money
Market, consequent upon the efflux of bullion, has
not only exercised an unfavourable effect upon the
tendency of prices in the English Stock Market,
but it has also retarded business, an inclination
being now evinced to curtail rather than extend
operations. Some of those who were recently pro-
ceeding for an advance have closed their accounts
and the market though still exhibiting strength is
less buoyant. Consols for transfer are flat at 921
93, and for the sth proximo at 938. The New
Threes and Reduced have been marked 928 931. ;
Indian 5 per Cents. are 1081 a ; ditto 4 per Cents.
Enfaced, 361; India Bonds 265. to 295. prem., and
Exchequer Bills 14s. to 18s. prem.
There has not been much fluctuation to-day in
the Foreign Stock Market, and the transactions
have not been very extensive. Turkish 6 per Cents.,
1854, are about 841 B:sk ; ditto, 1858, 718 ; and the
Loan of 1862 has been dealt in at 67f I, being a
little flitter. The Consolides, on the other hand,
have risen to 408 -1. Italian 5 per Cents. have re.
ceded to 698 4. Spanish Bonds are tolerably steady,
and there is no alteration of importance to report in
Russian. Mexican stock is steady at 314 32. There
have been a few transactions in Brazilian, Portu-
guese, and Peruvian Bonds, but they have not led
to any material change.
The operations in the Railway Share Market have
been limited, but in some instances prices have
shown a slight upward movement. Caledonians
have improved 10s., and Edinburgh and G'asgow,
55., while Great Easterns, North-Westerns, and
Midlands have declined ss.

In the Foreign and Colonial undertakings there
has been little change of importance. Great Lux-
embourg were steady at 142; Recife and San Fran-
cisco at 181 19 ; San Paulo improved to 231; while
Bombay and Baroda declined to 1051 i ; and Great
Westein of Canada to 121 12a.
Joint Stock Bank and Miscellaneous Shares
were without material alteration in values. Lon-
don and South African receded to 25 ; Oriental
Bank to 551 1.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock 235
3 per Cent. Reduced Annuities
per Cent. Consols Annuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire 6th Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885.
Ditto (Red Sea Telegraph), Aug. 1908 22
India Stock —
Ditto 5 per Cent
Ditte Enfaced Paper, 4 per Cent .. 96f
Ditto 51 per Cent,
Ditto Debentures, 4 per Ct., Oct,, 1863
Ditto ditto April, 1864 1001
Ditto Bonds £l,OOO 29
Ditto under £l,OOO
Consols for Account, Feb. 5 93
ndia Stock for Account, 5 per Cent loBk
Exchequer Bills, £lOOO, 21 per Cent l4 18 14
Ditto £500
Ditto Small
14 18
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
Ditto 41 per Cent., 1852-58-60
Egpptian. 7 pet Cent 951 f a 5
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coup ma 164 f
I atian 6 per Cent. (Raremmana Railway) 73/
Mexican 3 per Cent .... —
Ditto Account
New Granada 2 per Cent 2B /
Ditto Land Warrants
.. 4
Ditto:ex over-due Coups. & Hectares l 2 i
Ditto Deferred 6/
Peruvian 41 per Cent.
Ditto Account . . 98a
Ditto 1862
Ditto Account..
Portuguese 3 per Cent., 1853
Ditto 1862
Ditto Scrip, £25 paid 3i i pm
Russian 5 per Cent., 1822, £ St 9Bl
Ditto 41 per Cent., 1850
Ditto 5 per Cent. 1862
Ditto Scrip, £l7 paid
Spanish 3 per Cent
Ditto Account 5ll 31
Ditto New Deferred
Ditto Account. 46a
Ditto Passive
Spanish Cert. of Coup not funded
Turkish 6 per Cent. 1854 —
Ditto Account.
Ditto 6 per Cent. 1858
Ditto Account . .
Ditto 6 per Cent. 18 i 2
Ditto Account
.. 67a t f I
Ditto Guaratteed, 4 per Cent
Venezuela, 3 per Cent

nt
23i
Ditto 6 per Cents., 1862 (Scrip), £53 pd 1i a dis
Dividends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. 25f
Ditto Account
THREE O'CLOCK.
Consols,'Money
Ditto Account 93

SHIPPING INTELLIGENCE—This Day.

LONDON, Jan. 12.—Wind this day at noon—Easterly;
moderate breeze, and fine weather, with frost.
CARDIFF, Jan. 10.—Wind N.E.—Arrived—Mary Wor-
ing, from New York, Sailed—Stolkhulca, for Rio Janeiro;
Baroness, for Havannah.
TROON, Jan, 12.—Wind N.B.— Sailed—Margaret, for
Havannah,

(BY ELECTRIC TELEGRAPH.)
SOUTIIIMpTON, Monday Morning
Arrived—Annie, from Cardiff ; Argyll, steamer, from'
Carentan ; Folkestone, from Shields,
Sailed—Freedom, for Dartmouth; Derwent, for Cardiff;
Paquebot and Allegra, for Seaham.

(BY MAGNETIC TELEGRAPH.)
GRAVESEND, Monday Morning.
Arrived—Zealand, steamer, from Dantzic.
DEAL, Monday Morning.
Passed—Fanny Palmer, for Boston ; St. Nazaire, for St,
Nazaire; Berzelien, for Rio Janeiro ; Segrerlo, for Terceira;
Melina, for Leghorn • Titania, for Mogador ; Claymore,
bark, for Falmouth—all from London; Persia, from Sun-
derland, for Athens.

Advices from Stockholm state that astonishment
is felt at seeing the importance attached by some
foreign journals to the motion brought forward by one of
the members belonging to the Chamber of Peasants, for
abrogating the Salle law in Sweden, and declaring the'
Princess Louise, daughter of King Charles XV., to be eli-
gible to succeed her father. The motion to that effect has
been unanimously rejected by the committee to which it
was referred, and the question cannot again be started.
REPRESENTATION OF CAMBRIDGESHIRE.—Lord
George Manners continues the only candidate for
the vacancy occasioned by the retirement of Mr. E. Ball,
and will in all probability be returned. Mr. Ball will apply
for the Chiltern Hundreds when Parliament reassembles,
and the election will then take place within the prescribed
period. The Whig party has already one member for the
county, in the person of M. H. J. A.deane. ; and if any op-
position were offered to Lord George Manners the Conser-
vatives would retaliate by endeavouring. to oust Mr. Adeane,
while if Lord George is 4ceepted, without a content, the
Result compromise will prdablY cutimie,