The Sun.
London, England, 1863-07-06 00:00:00

•

?40N-fY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
A quieter demand is reported in the Money
market, and the rates exhibit a downward ten-
dency.

About £50,000 in gold was taken into the Bank
on Saturday.
From the manufacturing districts the accounts
for the past week have generally been more satis-
factory. There Las been increased demand for
both cloths and yarns at Manchester, owing to the
late advices from the E is% In the woollen trade of
Leeds, Bradford, and Huddersfield there has been
a rather active inquiry for both autumn and winter
goods, and a more cheerful tone has prevailed in
the hosiery and lace departments at Leicester and
Nottingham. At Birmingham, Sheffi,ld, and Wol-
verhampton there has also been a decided improve-
ment in most departments.
The first annual meeting of the Bank of Hin-
dustan was held to-day. The report stated that the
directors intend to hold a meeting on the 31st of
Dec., at which a complete statemert of tt e business
of the bank would be laid before the proprietors in
anticipation of the next annual meeting. The
accounts received from India still show a marked
improvement has taken place in the general business
of the bank.

Two o'CLocx.
At Paris this morning, according to Mr.Reuter's
telegram, the French 3 per Cent. Rentes were
firm at 68f. 70c., 68f, 65. Firm.

At the half-yearly meeting to day of the Union
Bank of Australia, Mr. Henry Buckle in the chair,
the report of the directors, which was unanimously
agreed to, stated that the operations of the bank at
all its branches during the year were of a highly
satisfactory character. The business of the establish.
merit had required the gradual transfer to the
colonies of a considerable portion of the funds
Which had previously accumulated in London, This
necessity arose chiefly from the extension of busi-
ness in Queensland and New Zealand, and in some
degree also from the removal of deposits
which the directors had not sought to retain by
allowing high rates of interest, a policy
they have uniformly opposed. The state-
ment of accounts showed a balance of net
profit of £88,871 Bs. 11d. The directors, there-
fore, recommend to apply the sum of £BO,OOO as a
dividend of 8 per cent. for the half-year, ..._
payable in London, free of income tax, on
the 14th instant, and in the colonies with
the addition cf income tax, as soon as the 'thr'
inspector shall fix after receipt of advices.
The chairman congratulated the proprietary
on the satisfactory progress the bank bad made
during the past year, a progress evidenced in a
Profit of £20,000 more this than in the preceding
twelvemonths. The bank bad been established 25
years, during which period its career had been one
of uninterrupted success.
There is scarcely any change to notice in the
market for the English Funds, but rather less
firmness is apparent. Console, however, are 921
for money and the 9th intt., and 928 for August.
The New Threes and Reduced Annuities are 923;
India 5 per Cents. 1083 tl ; and Exchequer Bills 2s.
die. to 2s. prem.

Foreign Stocks have been rather active, and prices 44
are generally buoyant. Turkish 6 per Cents., 1862,
671,- 68; do. Consoiides, 50/ 51; Mexican, 37/ ; st
Greek, 351 ; do. Coupons, 16-1 ; Spanish Pas-
sive, 33/ 34/. ; do. Certificates, 12/ 13 ; Portuguese,
48/ ; Egyptian, 104 ; and the Confederate Loan,
1 0/ dis.
it.
In the Railway Share Market the dealings have 4'
been extremely limited, and prices, in some in-
stances, have slightly advanced. Lancashire and I
Yorkshire, Midland, North Eastern (Berwick), and
ditto York have each advanced about ss.

The Foreign and Colonial undertakings remain

itiactiva, at about previous !potations.

Joint Stock Bank and Miscellaneous Snares are
in some instances a shade firmer. London Chartered
of Australia realise 27t 814 ; London and Westminster
79i ; Crystal Palace Stock 38 ; and R:o de Janeiro
Improvement 27k ; International Financial shares
are quoted Si to 51 prem. ; London Financial, la
to lir, prem. ; General Credit Co., 11 g prem.;
Egyptian Trading Co. I lg prem.; and Hudson's
Bay Co., g 1k prem.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock 236
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities 92k a k
New 3 per Cent. Annuities
New 21 per Cent. Annuities —
ILAnutties, 30 yrs, expire ith Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885.
Ditto (Red Sea Telegraph), Aug. 1908.
India Stock
Ditto 5 per Cent
Ditto Enfaced Paper, 4 per Cent —
3; . )11:to 51 per Cent
Ditto Debentwes, 4 per Ct., Oct., 1863
Ditto ditto April, 1864
Ditto ditto Aug. 1864 or 66 1001
D tt., Bonds £l.000
Ditto under £l,OOO
India Strick for Account, 5 per Cent —
Console for Account, July 9 92t 1
Mara). June
Exchequer Bills, £l.OOO 21 per Cent.. 12 pm 2 d
Ditto £5OO
Ditto Small —

•
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
Egyptian 7 pei Cent lOl/ 1
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coupais..
Ditto Account 35 /
Ditto Coupons l6l 16 1 1 1
Italian b per Cent. (Maremmana Railway) 78 .
Mexican 3 per Cent
Ditto Account
Moorish imperial 5 per Cent
New Granada
Ditto Account
Portuguese 3-per Cent., 1853
Ditto 3 per Cent., 1856, '7, '9, '6O, 62 —
Ditto Account 4Bl 8 1
Russian 5 per Cent., 1822, £ St —
Ditto 4k per Cent , 1850
Ditto 5 per Cent. 1862
Sardinian 5 per Cent •• • ... —
Ditto Account.. 9ll 901
Spanish 3 per Cent
Ditto Account 541
Ditto New Deferred ..
T)itte Ammunt . 34 31 41
Xpanish Cert. of Coup not funded ......
Ditto Account
Turkish 6 per Cent. 1864 93
Ditto Account .. 921 1 2
Ditto 6 per Cent. 1858
i -itto Account 7O/ i
Ditto £lOO Bonds.. 73 I
Ditto 6 per Cent. 1862
Ditto Account BB 71 I
Ditto Guaranteed, 4 per Cent —
Venezuela, 3 per Cent
Ditto Account 2l
Ditto 6 per Cent., 1862
Ditto Account 56/ 71
Dividends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. 25 francs —
Ditto Account 7l 1
Ditto Scrip, 1863, £l44s. paid ll 1 Pm
THREE O'CLOCK,
lonsols, Money
mut) 9th inst 921 1

Liverpool Cotton Market—This Day.

(RETITER'S TELEGRAM.
Sales about 5,000 bales or more.) Steady. Im,
Port, 164; previously, 565.

PT
'which co°: SUSPENSION BRIDGE.—The wire ropes
been nt,auyneacdt. the two piers of this bridge having
-platform aerosajtuhsted, the construction of the temporary
and so perfect were chasm was commenced on Tuesday last,
by Messrs. Co(lreanthe machinery and appliances employed
that the work was efiott!rd Co , of Dudley, the contractors,
of
any
early on Saturday morning
without accident
days were occupied in this kind' . Less than four working
ti:Pejation, the proceedings hav-
ing had to be stopped du
on acc-unt of the high winKa 4eAgreater portion of one day
consumed
6,000 superficial feet .
of li inch boarding have been
wianiBolliiro.ed in the erection of
this platform, some portion of
at. an altitude ex.
ceeding 300 feet. The only
objepcutiblin;ofits being at once
used as a temporary road by the
of Ihrom the Glouces-
tershire to the Somersetshire side
and up
and vice
versa, is the great incline in going cloy:
to each
pier. All is now ready for fixing the chains of
perma-
nent
bridge, the works for which will be commencedthe forth-
with, and the appliances are so complete that notv::ttlaz ?p-
-ing the stupendous character of the operation
effected with comparative ease. Many applications have
been made for permission to cross the temporary Nation:
but they have been refused by Mr. Airy, the resident
evening, Yesterday Clifton Downs and the banks of the
Avon were thronged with thousands of spectators, Who
viewed with wonder the aim, at magical progress which has
been
made with this gigantic undertaking in the last few
days,