The Sun.
London, England, 1863-07-10 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

There is still a tendency towards greater easi-
ness in the general d'scount market, although the
bankers and brokers appear reluctant to relax
their terms at present. There appears to be a
growing impression that the favourable specie
movement, the satisfactory harvest prospects, and
other influences will lead to a reduction in the
rates in the course of a few weess.

Important changes are shown in the Bank of
England return for the week ending Wednesday
Wednesday last, especially as regards the bullion,
the other securities, the public deposits, and pri-
vate balances.
Active Circulation ..
Increase .. .•
Bullion .. •• •• ••
Decrease .• •• ••
Rest .
Increase •• •• ••
Public Deposits ••
Decrease .. .• ••
Other Deposits.. ••
Increase .. • • • •
Seven Day and other Bills
Increase .. ••
Government Securities
Decrease
Other Securities ..
Increase ..
Notes Unemployed ..
Decrease ..

.. £21,380.880
2;0,724
.. 14,824,969
.. 255,308
.. 3,244,275
• • 43,357
.. 5 593,834
.. 4,762,539
.. 18,595,718
2,320,979
.. 657 598
• • 58,992
.. 11,046,888
• • 3,391
.. 23,503,448
.. 1,839,788
.. 7,233,120
.. 501,090

During the last few days there has bee❑ rather
less activity exhibited in the Foreign and Colonial
Produce Markets. Tea, at public auction, sold
:slowly at previous rates, while sugar was in steady
request. Coffee has remained dull, and prices have
given way abuut 6d. to is. per cwt., owing to the
large stocks on hand. Rice, fruit, and spices were
without change in value, while ta►low continued
dull for both present and forward delivery.

The prospectus has appeared of the Oil Seed
Crushing Company, which proposes to purchase
some seed crushing mills at Dover, and to carry on
this description of business upon a very extensive
scale. These mills are stated to be exceedingly
large, and to have been lately fitted up with ma-
chinery upon the most approved principles. They
are admirably situated, being contiguous to the
harbour of Dover, and possessing the command
of two railways, thus affording facilities for foreign
imports on the distribution of goods throughout the
kingdom. The directors regard the future deve-
lopment of this trade with great certainty, and
show from returns the large increase that has taken
place both of exports and imports of oil seeds during
the past two years. The consumption of of oil seed
cake is stated to have advanced in a still greater
ratio, establishing the fact that oil cake is an article
of permanent and increasingly extensive demand.
The nominal capital required is £500,000, but only
£lOO,OOO is to form the first issue. The shares are
£2O each,

Two O'CLOCK.

At the annual meeting of the Peel River Land and
Mineral Company, htld to-day, the report presented
to the shareholders for adoption recommended the
payment of a dividend at the rnte of 3 per cent.,
free of income tax, on and after the Ist September
next. The value of the wool clip was estimated at
£17,000, which, being added to the sum at the credit
of the revenue and expenditure account, made a
total of £19,645.

At Paris this morning, according to Mr. Reuter's
telegram, the French 3 per Cent. Rentes were
heavy at 68f. 55c. Heavy.

Very little activity has prevailed in the market
for the English Funds to-day, and no fluctaation of
importance has occurred. The tendency, however,
has been more favourable, and Console at the present
moment are 921 for money, and 9261 for the account.
The New Threes and Reduced Annuities remain
at 921 1, the 30 Years Annuities are marked 15,
and the Red Sea Telegraph ditto, 212. India Stock
is firm, at 227 ; the 5 per Cent. Loan, at 108 i 1 ;
the 4 per Cent. Enfaceci Paper, 972 ; and the 5 per
Cent. ditto, 107. The Bonds are quoted 18s.
prem., and Exchequer Bills par to 2s. prem.
There is no particular feature in the Foreign
Market, and business is moderately active. Tur-
kish 6 per Cents., 1862, are 671; 68 ; do., Consolides,
501 ; Mexican, 361 37 ; Greek, 351 6 ; do. Cou-
pons, 16i ; Spanish Passive, 331 ; do. Certifi
oaten, 121 ; Italian, 718 -7,-; Portuguese, 472 481 ;
Russian, 931 *; Confederate Loan, par; and the
New Venezuelan Loan, 11 to Of die.
The dealings in the Railway Share Market have
been rather more numerous, and in several instances
a slight advance has been established. Lance shire
and Yorkshire, Brighton, Manchester, Sheffield,
and Lincoln, and North Eastern (Berwick) have
improved 55., and Great Western 10s.
The Foreign and Colonial lines remain in fair
request at about previous values.
Bank and Miscellaneous Snares, in some in-
stances, are a shade firmer. London and Westmin-
ster have improved to 801 ; London Joint Stock has
declined to 361 ; Crystal Palace Stock is steady at
38 ; Peninsular and Oriental Steam at 79; and
Royal Mail Steam at 661 ; International Financial
shares are quoted 5 to 51 prem. ; London Financial
11 to 11 prem. ; General Credit I to 11 premium ;
Egyptian Trading Company, 11 to 2* prem.; and
Hudson's Bay Company 4 to 4 prem.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities
I per Cent. Consols Annuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire Rh Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885. 15
Ditto (Red Sea Telegraph), Aug. 1908. 214
India Stock
Ditto 5 pier Cent ......... IoBf
Ditto Rafaced Paper, 4 per Cent .. 97i
Ditto 6 per Centlo7
Ditto 5i per Cent ...
Ditto Debentures, 4 per Ct., Oct„ 1863 100
Bonds tl,OOO
Ditto under £l,OOO
.... 18 pin
Consols for Account, Aug. 6 92a
Indio. Stock for Account, 5 per Cent lOBl
March I June
2 prn

EX chequer Bills, '£l,ooo 25 per Cent..
Ditto £5OO
Ditto Small par
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent . . loot i
Ditto, 1839 and 1859
Ditto 44 per Cent., 1852-58-60
Danish 4 per Cent., 1863
Egyptian 7 pei Cent.. lO2l 35
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coupons —
Ditto Account 355 i t
Ditto Coupons
Mexican 3 per Cent
Ditto Account
Moorish Imperial 5 per Cent
New Granada
Ditto 2 per Cent. 325
Peruvian 41 per Cent.
Ditto 1862 —
Ditto Account
Portuguese 3 per Cent., 1853
Ditto 3 per Cent., 1856, '7, '9, '6O, 62 —
ito
Account 4Bl 71
Russian per Cent., 1822, £ St 9-
Sac Ditto 5 per Cent. 1862
dmian 6 per ent..
Ditto Accounts.
90
Spanish 3 per Cent
Ditto Account
Ditto Passive
~,.,,_ . ......... .„ Ditto 4.0001111%.•
otlititosh Art. of Coup not funded
Turkish fieorut:tent. 1854
Ditto
Ditto 6 per 61„tn:_i: iBSA . •
Ditto Ac
Ditto 6 percent..l.B. ...
62
Ditto Account,
........
Venezuela, 3 per Cant
Ditto 6 per Cont., 1862
Ditto Account
Dividends on the above
''
payable in London.
Italian, 5 per Cent., 1861, Er. 25 francs —
Ditto Account...,
Consols, Money TUREE O'CLOCK.
........... 921 5
Ditto August Account

SHARE MARKETS---This day.

ORMNARY SHARES AND STOuk.S.

Cpiri°Bceing. BUBdoinne.e"
RallwAys,