The Sun.
London, England, 1863-02-06 00:00:00

X 0-tik EY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK'.
Tilckz.i is a fair inquiry for discount accommoda-
tion, and the rates continue easy.
As was generally anticipated, the Bank of Eng-
land return for the week ending Wednesday is of a
more cheering character. Subjoined is our usual
analysis :
Active Circulation .. .. .. £20,070,c45
Decrease .. • • • • • ' 30,625
Bullion .. .. .. .. .. 13,692,136
Increase .. .. • • • • 80,313
Res, •• •• •• .. .. 3,276,320
Increase .• • • • • • • 28,494
Public Deposits .. •• .. 6,351 617
Increase .• • • • • • • 931,754
Other Deposits .. .. .. • . 13,3 2,278
Decrease .. .. .. .. 1,062,485
Seven Day and other Bills .. .. 638,609
Decrease .. „. ..
.. 31,457
Government Securities .. .. 10,602,879
Decrease .
.... .... 19,22.:9377:;61
3,769
Other Securities
Decrease .. ::
Notes Unemployed .. .. .. 7' 394 980
Increase .. .. , , , , 107,9-75

The report of the Anglo-lonian Steam Navigation
Company has been issued prior to the meeting, and
recommends a dtvidnd of 10 per cent. upon the
pqid np capital for the nine months, being equal to
13k per cent. per annum.

During the last few days there has not been
much animation in the Foreign and Colonial Pro-
duce Markets. At the public sales of tea just con-
cluded full rates were readily obtained for good and
fine descriptions. Sugars sold freely at almost
previous quotations, while coffee, cocoa, and rice
continued in moderate request without any mate-
rial variation as regards values. Tal:ow remained
inactive, and prices ter ded downwards for both pre-
sent and forward delivery.

It is stated that a memorial is about to be pre-
sented to the Stock Exchange Committee against
any settling day being at present allowed in the
shares of the British and American Exchange Bank.

Two o'CLocK.

The Alliance Bank of London and Liverpool
held its first half-yearly meeting to-day. The re-
port stated that the balance-sheet, made up to the
31st December last, showed an amount of business
acquired during little more than seven months in
London, and six months in Liverpool, which the
directors thought could not bat be very gratifying
totheshareholders,—the amount due by the Bank on
current deposit and other accounts being £1,019,160
Os. Bd. The net profits amounted to £2,652 16s.
11d., which it was proposed to carry forward, to
be dealt with at the close of the current half-year.
The chairman moved the adoption of the report,
and observed that the meeting had been convened
thus early in order that their future half-yearly
proceedings may be held at about the same periods
of the other joint-stock banks. The balance-sheet
was made up to the end of December, and at that
date the number of accounts on the books of the
establishment was 800. Since that period,
however, they had gradully increased, and the
business generally was highly satisfactory.
The directors might:even at this early date have re-
commended the payment of a 3 per cent. dividend,
and if they had not placed down in the balance sheet
the amount due for rebate of interest, but followed
the course adopted by other young banks, they
might have shown their ability to pay a
7 per cent. dividend. In reply to a question,
the chairman stated that no preliminary
expenses
had yet been paid, but at a future
meeting a motion for their disbursements would
be submitted. The report was then unanimously
adopted, and the retiring directors re-elec te d•
Votes of thanks were accorded to the directors,
and the managers of London and Liverpool, after
Which the meeting separated.

At the half-yearly meeting to-day of the Medi-
terranean Extension Telegraph Company, Mr. 11,
Moore presiding, the report, which was unani-
mou•sly agreed to, stated that the receipts had mate-
rially increased, and the expenditure had been
diminished. The cables continued in excellent
order ; the line between Marsala, in Sicily, and
Cape Carhonara, in Sardinia, had keen successfully
submerged. The chairman remarked that a delay
had occurred in the liquidation of the debt due by
the Italian Government through the late change of
Ministry. The usual dividend (8 per cent. per
annum) on the preference shares, and 3 per cant.
per annum on the original shares, free of income-
tax, were ordered to be paid.
There has been no fluctuation to-day in the Mar-
ket for the English Funds, bat the recent advance
is very
.of monetary affairs is
firmly maintained, and the improved aspect
buoyancy promoting indications of
Consols are 9211, for transfer, and 921
93 for the account. The New Three per Cents.
and the Reduced have improved to 921 93 ; Ex-
chequer Bills to 2s. and 3s. pm.; Bank Stock is
2361 and 2,17 ; altd India 5 per Cent. Loan re-
mains at 1081.
A fair amount of business has been negotiated
in the Foreign Market, and prices have undergone
no important change. Greek Bonds have again
been rather actively dealt in at 201
latest price being 201 ; and the Co , the
up to 201,
showing heaviness. Turkish 6
per ons, St 9
Cents., 1854,
have further advanced to 891 901 ; do., 1858, to
721 ; do., 18d2, 671 681; and the Consolides
401
CI; Mexican Stock is 331 1 ; Moorish 931 ex
div. Spanish Passive 271 1; do. Certificates 101 ;
and;_Vusieati New Loan, 60,1'; 61.
B ness in the Railway Share Market continued.
active,and
moderately
prices have, in sominstances,
shown more firmness. Great Nor h
t erns have im-
proved North WesternB os., and South
Easterns 10s.
The Foreign and Colonial lines supported pre-
vious quotations.
Joint Stock Bank and Miscellaneous shares were
dull, and exhibited little change of importance in
prices.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock 233 61 71
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities 92;
INew 3 per Cent. Annuities
2925 i 3 2!
ndia Stock
Ditto 5 per Cent
Ditto Enfaced Paper, 4 per Cent ..
Ditto 5 per Cent, ................... 105
Consols for Account, March. 5
Exchequer Bills, £lOOO 93
, 21 per Cent.... 3 pm
Ditto
.E5OO ................ 3 pm
Ditto Small ........................ 2 3 pm
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent. .............
IrDitto, 1839 and 1859
.......... 101/
papdtioarisTispwei.Ccone solid ate d ............ 161
Ditto, Setond lalaantes . : ...............
--
Ditto Greek 5 per Cent 0.824. A . . .. ' ...... )9A9, a y$
Cupou ... • ‘-s'•'42:
Mexican 3 per Cent. ..................... 6
Ditto Ac:ount ....................
Moorish Imperial 5 per Cent. .....:11*** ,%1
New Granada 2 per Cent ..........•
...
Ditto Land Warrants ................
Ditto ex over-due Coups. & Hectare. 13a
Ditto Deferred, Ex Hectares ........
renlvi'in 41 per Cent.
Ditto 1862
Ditto Account .. 881.
Portuguese 3
47/
Ditto Account
47
per Cent., 1853
1862 Ditto
Russian 5 per Cent., 1822, £ St. .
9
Ditto 41 per Cent., 1850
Ditto 3 per Cent., 1359
1
Ditto 5 per Cent. 1862
Ditto Scrip, £56 Bs. paid
Spanish 3 per Cent
Ditto New Deferred
Ditto Account.... - • • • •
"74 I it
Ditto Prissive
Spanish Cert. of Coup not funded
Turkish 6 per Cent. 1854
,

912 89.1
~,,omt
Ditto 6 per Cent. 1858
Ditto Account 7l
Ditte, RA.OI, Bonds 76
Ditto 6 per Cent. 1852
il;tio Account .........-
Venezuela, 3 per Cent
........
Ditto Account,..,
Ditto 6 per Cent
~ 1862
Dividends on the above pAyable in London.
nut li. 21 per Cent., Ex. 12 Guil -
pDitto 4 per Cent. Certificates
Italian, 5 ~r Cent., 1861, Es. 25r.... .._
Ditto Account
Console TWO O'CLOCK
, 'Aloney
Ditto Acc0unt.......... 92i 3

The Empa-or NApoleon has just completed the
model of a breech- loading rifle cannon, of steel, for service
in the navy, which is to bo tried on board the Magenta, or
Solferino'