The Sun.
London, England, 1863-06-17 00:00:00

HONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

An easier feeling in discount circles has been
3 ap-
parent this morning, but the rates continue firm at
A per cent. The settlements at the Stock Exchange
are Completed, and the influence of the cessation of
demand from this quarter is now being favourably
experienced by the mercantile public.
About £5,000 in gold was taken in, and 100,000
sovereigns were withdrawn from the Bank yester-
day,

In the foreign exchanges yesterday afternoon
there was no material change.
The Egyptian Commercial and Trading Company
18 a new undertaking deriving considerable im-
portance from its introduction by several eminent
mercantile firms in this country and on the Con-
tinent, including the International Financial
Society. Its object is the development of com-
merce with Upper Egypt, Nubia, the Soudan, and
adjoining countries, as wet► as the borders of the
Red Sea, by establishing trading relations with
these districts. Agencies are to be appointed on
both coasts of the Red Sea, and the operations
of the company will extend from Cairo,
1113 the Nile, following the courses of the
White and Blue Nile, whilst communication will
be carried on between the interior and the Red
Sea and its east and west coasts. The company
Will buy or exchange the produce, consisting of
cotton, coffee, sugar, rice, tobacco, gums, oils,
ivory, senna, beeswax, ostrich feathers, gold dust,
silk, indigo, &c. The Viceroy of Egypt is assist-
ing the mercantile public of his dominions by means
of subsidies and telegraphic communications between
the principal towns, and thus rendering important
services in developing his country's resources.
Advances are to be made to the cultivators of the
soil, who, it is said, can well afford to pay tour or
five per cent. per month for monetary accommoda-
tion, and this department of the company's business
Will not be the least important and lucrative. The
capital is fixed at £2,000,000, which is to be raised
by £2O shares. Three•-fourths of the amount has
been already subscribed.
Mauritius Government 6 per Cent. debentures
for £400,000, one half in bonds having ten years
to run, and the other half in bonds having 15 years
to run,were offered to public competition by the Agent
General for Crown Colonies yesterday. The mini-
mum declared for the former was 105, and for the
latter 106-1. The application for the 10 years' bonds
amounted to £122,400, of which £107,800, ranging
from 105 to 104, was allotted, leaving £92,200
undisposed of. The application for the 15 years'
bonds reached £299,200, of which £285,700 were
at and above the minimum, and the whole £200,000
was disposed of at prices ranging from £lO7 3s. 6d.
to £ll3 2s. 6d. The crown agents intimated their
willingness to treat the highest of the rejected ten-
ders for the 15 years' bonds as applications for the
balance of the ten years' bonds, if the persons in-
terested so desired.

At the annual meeting to-day of the shareholders
of the South Australian Company, Mr. Edward
Divett, M.P., in the chair, the report, recom
mending the payment of the usual dividend, viz ,
7 per cent. per annum, or 355. per share, on the
15th July and 15th January next, was unanimously
carried.

Two O'CLOCK.

At Paris this morning, according to Mr. Reuter's
telegram, the French 3 per Cent. Rentes were
68f 70c, 681 65c. Heavy.
The transactions in the English department of
the Stock Exchange continue circumscribed, and
they have not led to any change in values, Consols
being 92 k for money, and 92k for the account.
Speculation is restricted on account of operators
devoting their almost exclusive attention to foreign
bonds and railway shares. The New Threes and
Reduced Annuities are 91-1 21,-. A transaction has
taken place in the 30 Years Annuities, 1855,14 i 15.
The India 5 per Cent. Loan is quoted at 1078 to
108-1, the Debentures are 100 k e, and the Bonds
12s. to 16s. prem.
General heaviness prevails in the Foreign De-
partment, and business is rather quiet. Turkish 6
per Cents., 1862, are 711 72 ; ditto Consolides,
.504 51 ; Mexican, 371 8 ; Greek, 39 391 ; ditto
Coupons, 18k 19; Spanish Passive, 348 358; ditto
Certificates, 121 ,-1; Italian, 72k t.; Grenada, 16;
Portuguese, 49/ ; the Confederate Loan, 2to 1 dis.;
and the New Venezuelan Loan, to 1 prem.

In the Railway Share Market the operations
have been of a very restricted character. Great
Western, Lancashire and Yorkshire, Midland, and
South Eastern have each improved about bs., while
London, Chatham, and Dover have declined 108.
The Foreign and Colonial undertakings generally
remain without any material variation.
Joint Stock Bank and Miscellaneous Shares
are, in one or two instances, a shade firmer. Bank
of Australasia New Shares realise 314 f-, ; London
and Brazilian, 424; Peninsular and Oriental Steam,
771. International Financial Shares are quoted
61 a prem. ; London Financial, 21-- a prem.; General
Credit ditto, 21 4 prem. ; and the Egyptian Com-
mercial and Trading Company,2l 42/ 2 prem.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock 232
3 per Cent. Reduced Annuities .. 911 I
3 per Cent. Consols Annuities 92i 2
New 3 per Cent. Annuities
luntuttes, 30 yrs, expire F9th Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885. 14 15
India Stock
Ditto 5 per Cent lO7l 8i
Ditto Enfaced Paper, 4 per Cent ..
Ditto 5 per Cent
Ditto Debentures, 4 per Ct., Oct„ 1863
Ditto ditto April, 1864
_ Ditto ditto Aug. 1864 or 66
.1001 I

_
Ditto Bonds £LOOO
Ditto under £1,000..
pm
Consols for Account, July 9 92/ i
March June
I 1 dis

Exchequer Bills, £l,OOO 21 per Cent
Ditto £5OO 1 pm
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent
Ditto 41 per Cent., 1852.58-60
'banish 4 per Cent., 1863
Egyptian 7 pei Cent —
Ditto Second Issue
Greek 5 per Cent., 1824-5, ex-Coupons —
Ditto Account • • 39} 1 i 19
Ditto Coupons l9l i 18/
Italian 5 per Cent. (Maremmana Railway)
Mexican 3 per Cent
Ditto Account 3Bg 1 71
'Moorish Imperial 5 per Cent
New Granada
Ditto 2 per Cent. .--
Ditto Deterred —
Peruvian 41 per Cent.
Ditto 4i per Cent, 1862 —
Ditto Account —
Portuguese 3 per Cent., 1853
Ditto 3 per Cent., 1856, '7, '9, '6O, 62 491 A
Ditto Account 491
.Russian 5 per Cent., 1822, £ St
Ditto 3 per Cent., 1859.. 5Bl
Ditto 5 per Cent., 1862
'Spanish 3 per Cent
Ditto Passive

Ditto Account
Spanish Cert. of Coup not funded
Turkish 6 per Cent. 1854
Ditto Account
Ditto 6 per Cent. 1858
intto Account 7O/ t
Ditto 6 per Cent. 1862
Ditto Account
Ditto Guaranteed, 4 per Cent. —
Venezuela, 3 per Cent ..........
Ditto Account.. . _
Ditto 6 per Cent., 1862
9
Ditto Account ..................... I
Dividends on the above payable in London.
Dutch 2k per Cent., Ex. 12 Guil
Ditto 4 per Cent Certificates
Italian, 5 per Cent., 1861, Es. 25 francs 721
Ditto Account
TWO O'CLOCK
Consols, Money
4)itto Account 92i i