The Sun.
London, England, 1863-01-30 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

There is no alteration in the general appearance
of the money market to-day, the demand is quiet,
and there is plenty of capital, but the bankers and
brokers feeling uncertain with regard to the future
tendency of quotations, do not appear disposed to
transact business under the official minimum of 5
per cent.
Although there is a large falling off in the re-
serve of notes and the stock of bullion, as well as
an important addition to the other securities, the
results exhibited in the Bank of England Return
for the week ending Wednesday last are less unsa-
tisfactory than most persons anticipated. Subjoined
are the particulars :

Active Circulation .. £20,101,170
Decrease .. 70,840
Bullion .. .• .. 13,611,823
Decrease .. 244,026
Rest .. • • . 3,247,826
Increase .. 17,845
Public Deposits .. • . .. 5,416 863
Increase .. 451,065
Other Deposits.. .. .. 14,414,763
Decrease •
678,462
Seven Day and other Bills .. 670066
Decreasa 54,855
•• •• •
Government Securities .. 10,606,648
Decrease .. 129,500
Other Securities 1g,535,217
Increase .. ▪
141,•‘79
Notes Unemployed .. 7,286,305
Decrease .. 147,050
The New York, from America, has brought
£lO,lOO in specie.
The receipts of the Dutch-Rhenish Railway for
the fortnight ending January 15th, 1863, amounted
to £6,324 10s. 64d,; and for the corresponding
period of last year to £6,642 10s. KO., showing a
decrease of £3lB Os. 4d. against the present year.
Duriag the last few days there has been rather
more activity in the markets for Foreign and Colo-
nial Produce. Tea has sustained fully previous
prices, while sugar continued in fair demand at full
rates. Coffee, however, in some instances has been
rather cheaper. In rice, fruit, cocoa, and spices
there has been no material change to record in
values. Tallow has been in actual request at en•
hanced quotations for both present and forward
delivery.
The contract between the Governor-General of
India and the East India Irrigation Canal Company
has just been published. It empowers the latter to
construct works of irrigat'on, &c., in Orissa and the
adjacent districts towards Calcutta. The provisions
of the deed are spoken of as being highly advan-
tageous to the company, and full of promise in their
working with regard to the development of the
natural productions of the country to which they
relate. Arbitration clauses are inserted in the con-
tract, which appears to be the first of the kind that
has ever been concluded between the Government
and a private company. The chief engineer reports
that the plans and estimates of a canal from the
Rooghley to Balasore, 95 miles in length, are now
complete, and that its construction is or about to be
immediately entered upon. The Government has,
moreover, expressed its wish for the early comple-
tion of these works, and every probability exists of
their being rapidly pushed forward.

Two O'CLOCK.

The Liverpool cotton market to-day opened
steady, at the decline; sales about 3,500 bales, with
a fair attendance.

The Three per Cent. Rentes opened to-day, at
Paris, at 69f. 800., being sa. better than yesterday.
A little more firmness has prevailed to-day in the
Market for the English Funds, the operations
having includei a few speculative purchases,
although the total amount of business transacted
bas been much below the average. Consols are
92k 1 for money, and 921 for the account. The
New Three per Cents. are 921 ; the Reduced,
924 Exchequer Bills, 3s. dis. to ls. prem. ; India
Stock is fht, at 229 and 230 ; and the 5 per Cent.
Loan, 1081.
The transactions in the Foreign Market have
been of a moderate character, but prices have been
well supported. Turkish 6 per Cents., 1858, are 706
714 ; do., 1862, 66k 67 ; the 2 onsolides have been
*xceedingly buoyant, the latest price being 41k e ;
Greek Bonds are 171 ; do., Coupons, 7k ; Mexi-
can, 32Z ; New Grenada have risen to 29t; Russian
New Loan, 951; Spanish Passive, 261 d ; and the
Certificates, 10/; Venezuelan New Loan is firm,
at 61 f.

In the Railway Share Market the dealings were
of the most limited description, owing to the forth-
coming settlement, but prices generally remained
&tn. Great Western, North Western, and Metro-
politan improved 55.; Midlands and North Eastern
(Berwick), 10s.; and South Easterns, 11.
The Foreign and Colonial lines were without
change of importance. Recife and San Francisco
brought 19k ; East Indian, 1051; 106 i ; Great
Indian Peninsula, 104 k 1051.
Joint .Stock Bank and Miscellaneous Shares re-
mained inactive at about previous quotations.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock 237
* per Cent. Reduced Annuities
8 per Cent. Consols Annuities ..
New 3 per Cent. Annuities
229 30 92* 4 1 5
_lndia Stock
Ditto 6 per Cent
Ditto Enfaced Paper, 4 per Cent .. 955
Ditto 65 per Cent
Ditto Debentures, 4 per Ct., Oct„ 1863 '95
Ditto ditto April, 1864 995
Dtt Eionds Mom
Ditto wider £l,000
Consols for Account, Feb. 6 921 4
Exchequer Bills, £lOOO, 25 per Cent 1 3 dis
Ditto £500
Ditto Small
1 pm
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent . 1015
Ditto 45 per Cent., 1852-68-60
Equador New Consolidated 165
Egpptian 7 pet Cent 965 4
Greek 5 per Cent., 1824-5, ex-Coup ms 172 1 1
1 18 175
Ditto Coupons ..
Mexican 3 per Cent
'tits. Account 324 14
New Granada 2 per Cent
Ditto Land Warrants .. 51 6
Ditto ex over-due Coups. & Hectares 131 5
Russian 5 per Cent., 1822, £ St 9B ;
Ditto 5 per Cent. 1862
Spanish 3 per Cent
Ditto Passive
Spanish Cert. of Coup not fundtd
Turkish 6 per Cent. 1854
Ditto 6 per Cent. 1858
1 'Ditto Account
Ditto 6 per Cent. 1862
Ditto Account
Ditto Guaratteed, 4 per Cent. 1035
Venezuela, 3 per Cent
Ditto Account
Ditto 6 per Cent., 1862
Dividends on the above payable in London.
Dutch 25 per Cent., Ex. 12 Guil 651
French Rentes 3 per Cent. Ex. 25f 691. 75c.
Italian, 5 per dent., 1861, Ex. 25f 695
Ditto Account.. 694 4
THREE O'CLOCK.
oottsols, Money .................. ..
Ditto Account