The Sun.
London, England, 1863-01-23 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE. 5-11

CITY, TWELVE O'CLOCK.

-- - '
There is not the slightest increase in the general
inquiry for discount accommodation, the mercantile
requirements heir g still very moderate. Some
effect is produced by subscriptions to the new com-
panies, but as the available supplies are largely in
excess of the total demand, the rates remain with-
out any material change. The average charge for
first class bills is 34 per cent., but some choice de-
scriptions of short-dated paper can be negotiated
at 31 per cent.
The Bank of England return for the week ending
Wednesday last exhibits some important alterations
as will be seen by the annexed analysis :
Active Circulation .. .. .. £20,172,010
Decrease .. .. .. .. 114,795
Bullion .. .. .. .. .. 13,855,849
Decrease .. el. 4.4. oir 246,320
Rest .. .. .. • . .. 3,229,981
Increase .. • . . . 00 35,098
Public Deposits .. .. .. 4,965 798
Increase . • .. .. .. 685,068
Other Deposits.. .. .. .. 14,993,225
Dec ease .. .. .. .. 1,779,557
Seven Day and other Bills .. .. 724,921
Decrease . • 00 00 7,123
Government Securities .. .. 10,736,148
Decrease . • 00 00 00 135,200
Other Securities .. .. .. 19,393,938
Decrease .. .. .. .. 802,789
Notes Unemployed .. .. .. 7,433,355
Decrease .• . • 00 00 168,015
During the last few days there has been rather
less activity in the Foreign and Colonial Produce
Markets. Tea, at public sale, however, has main-
tained previous prices. Sugars, in some instances,
have been a shade cheaper, but good and fine quali-
ties of coffee have brought enhanced prices. Rice,
fruit, cocoa, and spices have remained without any
material change as regards values. Tallow has
been rather inactive, but quotations were generally
firm for both present and forward delivery.

Two o'CLocx.

The Liverpool cotton market has been depressed
all the week, and operations limited. To-day the
market is quiet ; sales about 4,000 bales.
There has been no alteration in the condition of
the market for th.' English Funds, the dealings
having been conducted upon the reduced scale
recently experienced. Consols have remained
at 92/ a for money, and 921 t for the account.
The New 3 per Cents. and the Reduced are sup-
ported at 921 a ; Exchequer Bills remain at 4s. to
Bs. prem. ; India 5 per Cent. Loan is flat at 108/ g.
An upward movement has been perceptible in
the Foreign Market, and business has been mode-
rately active. Turkish 6 per Cents., 1854, are
buoyant at 85 86 ; do., 1858, at 701 71; do., 1862,
at 66/ 67; and the '2 onsolides, 40/ ; Egyptian
have improved to 96/ 97/ ; do., 2d issue, 96/ 97';
Greek are supported at 161 ; Mexican, 32/
Moorish, 97 ; Peruvian New Loan is fiat at 87i ;
Portuguese, do., at 461, ; Russian, do., at 954 96 ;
Spanish Passive, 241-, ; and Venezuelan New Loan,
60,1.
Business in the Railway Share Market continued
moderately active, and several of the principal lines
experienced a decided improvement. South Eastern
advanced .£ 1, and London, Chatham, and Dover,
£2 10s. Owing to arrangements having been
effected between these companies Great Easterns
and Great Northerns improved 55., and Metropo-
litan £l. London and Brighton, however, de-
clined £l.
The Foreign and Colonial lines were without
material alteration ; South Austrian and Lom-
bardo-Venetian, however, receded to 23-t.
Joint Stock Bank and Miscellaneous Shares
remained at steady quotations.