The Sun.
London, England, 1863-07-21 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

In the General Discount Market there is re Tier
more easiness, the ordinary rate for first-:ass thre3
months' bills being 31 per cent., but .here is never-
theless a good commercial demand.
During the last few drys there has been very
little animation in the:Foreign and Colonial Produce
Markets. Sugar has remained at about previous
rates, while coffee has shown a slight downward
movement in prices. Operations in tea have been
suspended until the public sales which commence
to. day. Rice, French spices, and saltpetre have
recovered without any material change in values,
'while tallow has been dull at barely previous quo
tations for both present and forward delivery.
The half-yearly meeting of the City Bank took
place to-day—Mr. Peter Bell in the chair. The
report, which was unanimously adopted, recom-
mended the usual dividend of £6 per cent. per
annum upon the paid-up capital. and a bonus of £1
per share, both free of income tax, together equal
to £lO per cent, for the year.
Mr. John Bathgate, agent for the Union Bank of
Scotland, in Peebles, has been appointed the Colonial
Manager of the Bank of Otago (limited), and Mr.
Alexander Grace, for some years one of the Branch
Managers of the South Australian Banking Com-
pany. has been appointed the Secretary in London.
Mr. Henry E. Glennie, the Accountant for Dunedin
office, has left for Otago to make arrangements for
commencing on the arrival of the manager.

Two O'CLOCK.

At Paris this morning, according to Mr. Reuter's
telegram, the French 3 per Cent. Rentes were
67f. 80c. Great uneasiness.

At the half-yearly meeting to day of the St. Ka-
tharine Docks Company, Mr. J. W. Cater in the
chair, the report, which recommended a dividend of
lt per cent. free of income tax, was unanimously
adopted.

The annual meeting of the Australian Agricultu
ral Campany has also been held to day, when a divi-
dend at the rate of ss. per share was recommended.
The apprehension felt regarding foreign politics
has led to further sales in the English Stock 's'larket,
and an additional decline, Consols being 921 1- for
money and account, There is very little business
in progress, but the tone is exceedingly unfavour-
able. The New Threes and the Reduced Annuities
are 921 1; Exchequer Bills are par to 3s. prem. ;
India Stock is 227 ; India 5 per Cents. are 1071
1081; the Debentures, 1001 f; and the Bonds, 1001.
A further decided decline has taken place in the
Foreign Stock Market to-day. Turkish 6 per
Cents., 1862, have receded to 671 ; do. Conso•
Tides, to 491 501 ; Mexican, to 361 1 ; Spanish
Passive, to 311 321; do. Certificates, to 121 1;
Greek, to 331 4 ; do. Coupons, to 15:1 ; Egyptian,
to 1031 104 ; Italian, to 701 4 ; do. New Scrip, to
1 prem. ; Peruvian, to 861 87 ; and the Confederate
Loan to 4 and 31 dis.

. -
A heavy tone has prevailed in the Railway Share
Market, several of the principal lines having given
way about 4 to 1 per cent. Metropolitan, Midland,
and South Eastern have receded ss, ; North Wes
tern, and Lancashire and Yorkshire, 10s. ; and
Caledonian, £l.
The Foreign and Colonial undertakings remain
heavy, at about previous quotations.
Bank Stock and Miscellaneous shares generally
are a shade flatter. London and Westminster have
declined to 761; Imperial Ottoman Bank, to 181 ;
Rio de Janeiro Improvement, to 261 ; International
Financial Shares are quoted 4} to 41 prem.; Gene-
ral Credit, to 1 prem.; London Financial, to
pram.; Egyptian Trading Company, 1 to 1 prem. ;
and Hudson's Bay, 1 to 4 die.

.TISII FUNDS ONE O'CLOCK.

Bank Stock ..........................
3 per Cent. Reduced Annuities ........ 921
3per Cent. Consols Annuities . .... . . . . . 925 5
New 3 per Cent. Annuities ............ 925 1
Annuities, 30 yrs, expire Fith Jan., 1880..
Ditto for 30 yrs expire sth April, 1885.
India 5t0ck..'.................... 227
Ditto 5 per Cent Cent....... 108 /
Ditto Debentures, 4 per Ct., Oct., 1863 Ditto ditto April, 1864 1005
Dim) Bonds £l,OOO ................. -- Ditto under £l,OOO .... .
........... 15 pm
Consols for Account, Aug. . 6 ........... 921 5
Mama June
Exchequer Bills, £l,OOO 21 per Cent..
DiDitto £5OO par .............. 3pm
tto Small ......................
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent
........
Ditto 45 per Cent,, 1852-58-60
...... 925
Chilian 6 per Cent
Danish 4 per Cent., 1863
10354
Ditto, Second Issue .. ..
............
Greek 5 per Cent., 1824-5, ex-Coupons lO
DDitto Account,
itto Coupons
Italian 5 per Cent, (Maremmana iailway) 79
Mexican 3 per Cent
New Ditto Account
Granada Ditto 2
per Cent. .............. Ditto Deferred ...................... 91
PDitto Land Warrants (Hectares) ......
aru.vian 45 per Cent. .......... .....
Ditto 1862 ..........
Ditto--
Account, ................... 865 7
Portuguese 3 per Cent., 1853 . .........
Ditto 3 per Cent., 1866, '7, '9, '6O, 62.. 475
Russian 5 per Cent., 1822, St ........
Ditto 3 per Cent., 1859 .............. Ditto 5 per Cent, 1862 .............. 93
Sardinian 5 per Cent ........... ..... Ditto Account .................
Spanish 3 per Cent ..... 891
Ditto ..................
Account ................. 54
Ditto New Deferred ..............
Ditto Passive
Ditto Account .
5 5 1
Spanish Cert, of Coup
not funded —
325 11
Ditto Account
1 Turkish 6 per Cent. 1854 125
Ditto Account
Ditto 6 per Cent. 1858 935
Ditto Account
70
Ditto 6 per Cent, 1862 5
Ditto Account 875
Venezuela, 3 per Cents
Ditto Account....
Ditto 6 per Cent., 1862
Dividends on the above payable in London.
Dutch 2 per Cent., Ex. 12 Guil ........
Ditto 4 per Cent. Certificates
Italian, 5 per Cent., 1861, Ex. 25 francs..
Ditto Account
Ditto Scrip, 1863, £.21 4s, 6d. paid... • Pm
TWO O'CLOCK.
onsols, Money ...................... 925 5
, Ditto August Account ......

Liverpool Cotton Market.

JULY 21.—The market continues very firm, and
the sales will probably foot up to 6,000 bales or
more.

THE ACCIDENT TO SIR CRESSWELL -CRESSWELL.
•"--We learn from inquiries yesterday at the man-
sion of Sir Cresswell Cresswell Judge Ordinary of the
Probate, Divorce, and Matrimonial Causes Court, 2,
Prine
-es-gate, Knightsbridge, that although his lordship is
going on very favourably, the accident is of a more
serious character
pan of the
kneer than was
cap being at first anticipated, the
severed and broken, and
that, consequent:
able to Yaltesorae time
must elapse before he
Geaoergye,:lifteors
the. acenidclelitto
and
dis
hisjudicinl duties. Imme-
di lbe
being taken to St.
mh.edical officerPlhtael,viand receiving every attention from the
u has been con °P" conveyed to his own residence, where
Mr. Charles E sf.aTly attended by the eminent surgeons,
accident to the learned:'s42lB and tT.. Lake. The unfortunate
the :sat:Linder of the
hearing of OAR W and
Causes
urstanding for hearing
lion, as the. 3 learned
ob,taint ftohr the long vaca-
any of tl.,e judges, vgjiole cannot
rye: circuit, and the Che
ief Regis- 'of 1
tray Of. the Court can only
has no power of hearing ec,,Z°643; of °rdinar, matters,egainc;
ROYAL ACADEMY op Nitrilsti°e'la CaUsea.
The annual dinner
.reen:sora of this institu-
of the old students and the professors
the Academy last
lion took place in the Concert
Wednesday— Ar. Lucas, the Principai!•
Highnesses'
from Gen.
proposal of the health of the Prince and nittih: chair, The
gave occasion for the Principal to read a 1 -cc" of Wales
Knollys, announcing their Royal
estima-
tion of the important services the Academy huwarrnlendered to
music, and their cons.tquent pleasure in becoming
the institution. In giving the toast of " Prosperity the
' e
Royal Academy of Music," the chairman stated L°t
the
Lords Commissioners of the Treasury had written to the
Effect that the memorial, signed by 100 of the most distin-
guished musticians in England, soliciting aid for the Aca-
demy was under favourable consideration. The other toasts
of the evening were eloquently responded to by Messrs.
Cipriani Porter, Lucas, G
G. A. Macferren, NV
F. Rose, W.
Harrison, Walter Lacy, Goodban, &him, Lunn, Oliphant,
4ddisen, and Walter 11,1 fso men,