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

MONEY MARKET

AND

COMMRCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

Theirs is still a tendency towards greater easi-
ness in the general &mount market, althongh 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 weexs.

Important changes are shown in the Bank of
Englead 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
.. 240,724
.. 14,824,969
.. 255,308
.. 3,244,275
• • 43,357
5.593,834
11 4,762,539
.. 18,195,718
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 been 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 about 6d. to ls. per cwt., owing to the
large stocks on hand. Rice, fruit, and spices were
without change in value, while tallow 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 X 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 it',
Mineral Company, latld to-day, the report presented
to the shareholders for adoption recommended the

payment of a dividend at the rate 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, beitg 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 Si
heavy at 68f. 55c. Heavy.
Very ltttle activity has prevailed in the market
for the English Funds to-day, and no fluctuation of

importance has occurred. The tendency, however,
has been more favourable, and Consols at the present sU
moment are 924 for money, and 921 for the account,
The New Threes and Reduced Annuities remain
at 92f, 4, the 30 Years Annuities are marked 15, l'
and the Red Sea Telegraph ditto, 214. India Stock
is firm, at 227 ; the 5 per Cent. Loan, at 1084 2 ;
the 4 per Cent. Enfacea Paper, 974 ; 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 67/ 68 ; do., Consolides,
50! Mexican, 36/ 37 ; Greek, 3518 ; do. Con-
pone, 161 ; Spanish Passive, 334 1,-; do. Certifi
sates, 121 a ; Italian, 711 ; Portuguese, 4711 48/ ;
Russian, 932 ; Confederate Loan, par ; and the
New Venezuelan Loan, 1/ to 01 ais.
The dealings in the Railway Share Market have
been rather more numerous, and in several instances
a slight advance has been established. Lanc, 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 368 ; Crystal Palace Stock is steady at
38 ; Peninsular and Oriental Steam at 79 ; and
Royal Mail Stetim at 664 ; International Financial
shares are quo'ted 5 to 51 prem. ; London Financial
to la pre m. ; General Credit to 1 premium ;
Egyptian Trading Company, 18 to 21- prem.; and
Hudson's Bay Company 4 tog prem.

BRITISH FUNDS—ONE O'CLOCK.
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire ;ith Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885. 15
Ditto (Red Sea Telegraph), Aug. 1908. 21
India Stock 227

Ditto 5 per Cent
Ditto Enfaced Paper, 4 per Cent 97}
Ditto 5 per Cent lO7
Ditto Bonds £l,OOO —
Ditto under £1,000..
India Stock for Account, 5 per Cent —
Consols for Account, Aug. 6 94
Moron I

Exchequer Bills, :£l,OOO 21 per Cent.,
Ditto £5OO
Ditto Small par

•
FOREIGN FUNDS—ONE O'CLOCK,
Brazilian 5 per Cent ........ 1001
Ditto, 1839 and 1859
Ditto 41 per Cent., 1852-58-60
Danish 4 per Cent., 1863
Egyptian 7 pet Cent lo2t 3
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex.Coupins --
Ditto Account..
Mexican 3 per Cent
Ditto Account 361
Moorish Imperial 5 per Cent
Portuguese 3 per Cent., 1853
Ditto 3 per Cent., 1856, '7,'9, '6O, 62 —
_ .

. „ . .
Ditto Account
Russian 5 per Cent., 1822, £ St —
Ditto 5 per Cent, 1862
Sardinian 5 per Cent
Spanishpper Cent
Ditto Passive
Spanish Cert. of Coup not funded .. —
Ditto Account
Turkish 6 per Cent. 1854
Ditto 6 per Cent. 1862
Ditto Account
Venezuela, 3 per Cent
Ditto 6 per Cent., 1862
Ditto Account 57
Dividends on the above payable in London.
Italian, 5 per Cent., 1861, - Ex• 25 francs —
Ditto Account 7li i
Ditto August TWO O'CLOCK.
%Imola, Money • 921
Account