The Sun.
London, England, 1863-03-02 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

The money market, which has been gradually
assuming a firmer aspect during the last few days,
is now further influenced by the necessary provi-
sion for the engagements maturing on Wednesday,
the 4th instant. Discounters are proceeding with
greater reserve, and are asking higher terms for
the business they negotiate. The current quotation
for three months' bills in private channels has been
advanced from 3i to 3i per cent., and the difference
between the official minimum and the rates current
elsewhere having been thus reduced tog per cent.,
a larger proportion of the bills now brought for-
ward is negotiated at the Bank of England.
The Shannon from the West Indies has been
announced with £933,666 in specie. The Oneida,
from the Brazils, has arrived at Lisbon on the way
to England with £2,561.
An instalment of 5 per cent. became due to-day
on the last Portuguese Loan.
The accounts from the various manufacturing
districts for the past week are of a less satisfactory
character. At Manchester both cloths and yarns
have been in limited request, and prices have
slightly given way. In the woollen districts, viz.,
Leeds, Bradford, Halifax, and Huddersfield, the
chief operations have been in light spring and
summer goods, at about previous rates. The hosiery
and lace trades of Leicester and Nottingham, how-
ever, have been more active ; while at Birmingham
there has been considerable animation in various
branches, consequent upon the preparations made
for the general illumination on the occasion of the
Prince of Wales' marriage. At Sheffield, Walsall,
and Wolverhampton there has been no change of
importance.

Two O'CLOCK.

At Paris this morning, according to Reuter's
telegram, French Rentes were 70f. 05c., and for
the March account, 70f. 32c.—very firm.
At the first annual meeting to-day of the Unda-
namutana Copper Mining Company, of South
Australia, Mr. George Humby presiding, the re-
port presented to the shareholders for adoption
stated that the mines in the colony were yielding
a large quantity'of-,rich ore, and gave every indica-
tion of future abundance. The statement of ac-
counts showed that £43,242 10s. 3d. is available
for present requirements, and that ore of the esti-
mated value of £17,000 had been shipped or was in
course of shipment, and transit to port for this
country, which would consequently augment the
available assets.
Rather more firmness has been perceptible to-
day in the market for the English Funds, although
very little business has been transacted, and the
rates of discount have tended upwards. There is
reason to expect, however, that money will continue
abundant, and as political affairs at the present
moment do not give rise to much anxiety, the quo-
tations are well supported. Consols are 921 -1 for
money and the sth inst., and 921 8 for the April
account. The New Three per Cents. and the Re-
duced are firm at 921 ; Exchequer Bills 2s. prem. ;
and India 5 per Cent. Loan remains at 1081.
Little activity prevailed in the Foreign Market.
Mexican Stock has been very heavy, and dropped
to 321 ; Greek Bonds receded to 191 1 ; ditto Cou-
pons, 81 ; Egyptian are 961 ex div. ; Portuguese
New Loan is firm at 471; Sardinian, 84 ; Spanish
Passive remain at 264 27 ; and the Certificates have
improved 9:4 10fr ; Tarkish 6 per Cents., 1854, are
901; do., 1858,691 I- ex div.; do., 1862, 691 70; and
Venezuelan New Loan, 594; Italian are heavy
at 681.
The operations in the Railway Share Market con-
tinued limited, and in one or two instances prices
exhibited rather less firmness. London and Brighton
and South Easterns have declined ss. ; and Great
Northern A Stock, 10s.; Great Westerns, North
Westerns, South Westerns, Midlands, and one or
two others maintained previous quotations.
The Foreign and Colonial lines were without
material variation. Recife and San Francisco de-
clined to 181; Bahia and San Francisco realise 2011
21 ; San Paulo 231 ; Great Western of Canada im-
proved to 13i ; East remain steady at 1061 ; and
Great Indian Peninsula at 1051.
Joint-Stock Bank and Miscellaneous Shares, in
most instances, maintained precious quotations,
Bank of Australasia being dealt in at 8117 82;
London and County at 441 ; Union of Australia
at 52 to 51, and Royal Mail Steam at 571-.

BRITISH FUNDS—ONE O'CLOCK.
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
New 21 per Cent. Annuities...
India Stock —
Ditto 5 per Cent lOBl
Ditto Enfaced Paper, 4 per Cent....
Ditto 5 per Cent
Ditto Debentures, 4 per Ct., Oct., 1863
Ditto ditto April, 1864 100 k
Consols for Account, March. 5
Exchequer Bills, £lOOO, 21 per Cent 2 pm
FOREIGN FUNDS—ONE O'CLOCK.
Egyptian 7 per Cent 961
Greek 5 per Cent., 1824-5, ex-Coupons l9l
Ditto Coupons
Mexican 3 per Cent ....
Ditto Account
Moorish Imperial 5 per Cent
New Granada l4l
Ditto Land Warrants (Hectares) ....
Portuguese 3 per Cent., 18531 —
Ditto 1862
Sardinian 5 per Cent. ..
Spanish 3 per Cent
Ditto Passive •
Spanish Cert. of Coup not funded
Turkish 6 per Cent. 1854
Ditto Account 9Ol
Ditto 6 per Cent. 1858
Ditto Account.. 691 9 i a I

Ditto, £lOO Bonds
73
Ditto 6 per Cent. 1862
Ditto Account
Venezuela, 3 per Cent
Ditto 6 per Cent., 1862
Dividends on the above payable in London.
'Winn, 5 per Cent., 1861, Ex. 25f. 6Bi
TWO O'CLOCK.
Consols, Money
Ditto Account .......... ..