The Sun.
London, England, 1863-07-01 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

The inquiry for discount accommodation this
morning has not been so active as during the few
preceding days, and an easier tone is therefore now
perceptible. The rates are 314 p-r cent. fur the
negotiation of the best commercial bills.

In the foreign exchanges yesterday afternoon
there was no change of importance.
There was a further influx of £30,000 in bar
gold at the Bank yesterday.

The arrival of specie ann'.unced to-day comprise
£43,229 by the America from New Yurk, and
£1,198 by the Ripo❑ from Alexandria.
A❑ important undertaking is the London Cocoa
nut Fibre Company, recently brought before the
notice of the investing classes. It purposes the
purchase of the letters patent for the exclusive
manufacture, according to Mr. Davies' invention, of
articles from the fibre of the cocoa-nut. It is
averred that not only does the unique manipuiative
process of the patent impart to the fabric a better
pile than the old mode, but also that its durability
is greater and its cost considerably reduced. The
chief articles manufactured from the fabric are mats
and other descriptions of floor-cloths, and it is very
correctly presumed that their greater cheapness will
materially extend the now increasing demand for
domestic and other uses. The capital required fur
purchasing the patent, looms, and plant, and for
working the business on a large scale, is £20,000,
to be raised by £1 shares.

Another large hotel is to be erected by the Rich-
mond-hill Hotel Cowpony, which has just been
announced with a nominal capital of £lOO,OOO, the
first issue consisting of 5,000 shares of £lO each.
The directors have secured the property known as
the Ashburnham Lodge, upon which site they in-
tend to erect the new esttsblishment. .Reference
is made in the , prospectus to the large profits de-
rivable from this description of enterprise, and to
the attractions Richmond affords for the permanent
and temporary residence of Londoners and others.
Interest at the rate of 5 per cent. is to be paid on
the shares until the opening of the hotel.

Two o'CLocK.

At Paris his morning, according to Mr. Reuter's
telegram, the French 3 per Cent. Rtntes were
at 68f. 20c.—Very flit.
The suspensio❑ has been announced of Mes ra.
F. H. Matthews, of the City and County B uk,
Hereford.

Very little alteration is apparent to-day in the
market for the En.thsh Funds, Console being 928f0r transfer, and 921 d for the account. The trans-
actions have been very circumscribed. Tne New
Threes and RAaced Annuities are steady at 911
92 ; the 30 Years' Annuities have realised 14, 16-16
India z-tocks continue firm ; the 5 per Cent. Loan
is 108 k ; the 4 per Cent. Entaced Paper, 971; the
5 per Cent. ditto, 1 61 1; Exchequer Bills are wed
Maintained at 4s. die to par.
There is rather less firmness in the Foreign Steck
Market, and business is quiet. Turkish 6 per
G-nts., 1862, 67t 681, ex div.; do Consotides, .501
501, ; Mexican, 361 79 ; Greek, 35; 36k; do. Cou-
pons, 17 I ; Spanish Passive, 342 s ; do. Certificates.
121 13 ; Portuguese, 48k 4 ex div.; Russian, 921
93 ; Venezuelan, 55 56 ; do. New Loan, 2 to 1 die.;
and the Confederate Loan, 11 to k die.
Business in the Railway Share Market has con-
tinued inactive, and few variations of importance
can be reported in prices. Great Western have de-
clined 10s., and North Eastern (Berwick) ss. Lon-
don, Chatham, and Dover, have improved £l,
North Western, 10s., and Siuth Eastern, ss.
The Foreign and Colonial undertakings remain
dull. Great Luxembourg realised Ift; Dutch
Rhenish, 171; Great Indian Peninsula, 1071 ; and
Punjaub have declined to 105 k.
For Bank and Miscellaneous Snares the inquiries
have been exceedingly limited. Imperial Ottoman
Bank realise 181 it, London and Northern, 91 1,
Crystal Palace Stock, 371, and Peninsular and
Oriental Steam, 771 784. loternational Financial
Shares are quoted 62. to 58. preen,

BRITISH FUNDS—ONE O'CLOCK..
"Bank Stock
236 3 per Cent. Reduced Annuities
per Cent. Consols Annuities 92
New 3 per .Cent. Annuities
&nullities, 30 yrs, expire Bth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l4 15-16
India Stock
Ditto 5 per Cent loBlk 1
Ditto Enfaced Paper, 4 per Cent
• 971
Ditto 5 per Cent6l 10
Consols for Account, July 9 921
arch June
Exchequer Bills, £l,OOO 21 per Cent M
par
Ditto £5OO
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
Egyptian 7 pet Cent lOl
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coup.,ns..
Account. .
Ditto Coupons
Mexican 3 per Cent ....
Ditto Account . .....
-New Granada......
Ditto 2 ........ .......
per •
Cent.
Dirt, Deterred
Ditto Land Warrants (Hectares)
Portman 41 per Cent.
Ditto 1862
Ditto Aczount .. 881 7
Portuguese 3 per Cent., 1853
Ditto 3 per Cent., 1856, '7, '9, '6O, 62 —
Ditto Accountl
Russian 5 per Cent., 1822, £ St 4Bl
Ditto 5 per Cent. 1862
oat° Account
per Cent
Ditto Account 6l 31
Ditto New Deferred ..
Ditto Account., 4Bf
Ditto Passive
Ditto A neount ..........
Spanish Cert. of Coup not funded ..
Ditto Account l3 1 121
Turkish 6 per Cent. 1854
Ditto Account
Ditto 6 per Cent. 1858
Ditto £lOO Bonds .•
Ditto 6 per Cent. 1862
Ditto Account s7f Venezuela, 3 per Cent
Ditto 6 per Cent., 1862
Ditto Account 55 5
Dividends on the above payable in London.
Consols
TWO O'CLOCK.
money
92
92k
ditto Account