The Sun.
London, England, 1863-12-07 00:00:00

XONEY MAI4,KET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
There is much uncertainty in the Money Market
1.0-day, owing to an idea that another advance in
the Bank minimum may be at once adopted.
Operations have therefore been partially suspended
Uhl after 2 o'clock.
The bullion operations at the Bank on Saturday
comprised an influx of £32,000 in bar gold.
The accounts received this morning from the
manufacturing districts respecting the operations
0f last week are not of a very encouraging character,
4t Manchester, particularly, the yarn and cloth
market underwent a very important change through
the advance in the rate of discount, and business
was completely paralysed. The hosiery and woollen
trade at Leicester, Leeds, Halifax, and Huddersfield
likewise became very quiet through the disturbed
state of the money market, but at Sheffield, Burning-
'era, and Wolverhampton the same extraordinary
activity witnessed there for so many months has
agate prevailed.
The accounts from the manufacturing districts
last Week represent that business in most depart-
ments continued inactive, owing to the advance in
the value of money. At Leeds the chief operations
Were in spring fabrics, while at Manchester both
clothsi and yarns exhibited a downward movement
Leicester and
In the hosiery and lace departments of
and Nottingham less activity has been
apparent, while in the hardware districts of Bir-
mingham Sheffield, and Wolverhampton there has
beets little change of importance.

Two O'CLOCK.
At the Pails Bourse this morning, according to
Beater's telegram, the 3 per Cent. Rentes were 67f.
v °e.) 67f. 07c. Inanimate.
There is no alteration in the general condition of
the Money market.
& decline of 1 per cent. took place this morning
41 the market for the English Funds, owing to the
anxiety felt regarding the aspect of monetary
affairs, but, as the minimum rate of discount up to
this hour has not been modified, a little more
confidence is now apparent, and a few
Purchases haviag taken place, prices have
recovered. Consols were 90/ / for transfer,
411 d 904 I for account; they are now 90/ 1, and
90 91 respectively. There is very little animation
BPeculation being dull, and the demand for invest-,
olents very limited. Transactions have taken place
in the New Threes at 901 a ; the Reduced 901 ;
Exchequer Bills, 10s. to ss. dis. Business has been
recorded in Indian securities as follows :—Stock,
224; 5 per Cents., 1068 y ; Enfaced 51 per Cents.,
113 I ; and the Debentures, 99/.
During the early part of the day Foriegn Stocks
Were rather heavy,
,but more firmness is now ap-
parent, although the dealings are not extensive.
Turkish 6 per Cents., 1862, are 691 a ; ditto Con-
%elides, 45 ; Mexican, 321 d ; Ureek, 251 4 ;
ditto Coupons, 111 12 ; Spanish Passive, 32/ 33 ;
ditto Certificates, 13 4, ; Portuguese, 48 Z-; and the
Confederate Loan is nominally 40 45.
In the Railway Share Market the operations
have been of the most limited description, and
.IPricee generally have shown a downward ten-
dency. London and Brighton have declined £l,
Bristol and Exeter 155., North Western and Me-
tropolitan 10s., and London, Chatham, and Dover,
and South Eastern ss.

The Foreign and Colonial undertakings gene-
-1.411- exhibit no material variation.
Bank and Miscellaneous shares are in most
Instances a shade flatter.

Bank
stBocRicITISH FUNDS—ONE. . O'CLOCK...
per Cent. Reduced Annuities 904
„„,
New
Cent. Consols Annuitie5.............
3 per Cent. Annuities ......... 4 4
New 3# per Cent. *ties ..........
New 2t
....
z Per Cent. Annuities..
o per Cent. A.nnuities,Ln. .. Annuities, 30 yrs, ex ire sth Jan., 188• •
Ditto for 30 yre,_ sire
e sth April? 1885.
Ditto (Red Sea Texl ir
aph), Aug. 1908.
914
India Stock, 1874 egr
1061
Ditto 5 pet Cent. 1870
Ditto 4 per Cent. ,Ditto Enfaced Paper 4 per Cent ..
Dittos per Cent ..
113
Ditto 5i per Cent
Ditto ditto April, 1864 994
Ditto ditto 'Aug. 1864 or 66
Bankg Stock for Account
India
for Account, Jan, 7 9Ol 1 904
Ex`tidia Stock for Account, b per Cent
t...
uchitetqouer Bills, £l,OOO, 3 per Cen
£5OO .
5-10ddisis
Ditto Small
Austrianr BOoßnEdsl,GsNpeFr UCeNnDt
S—ONE O.:C_LOCS.
99
l'aziliatt.Ditto 5 per Cent 1859
Ditto, 1839 and 1859 .. . ..
Ditto 44 per Cent., 1852-58-60 - 1
Ditto 1863
t Ditto Scrip, 1863, £3O paid 4"108 Ayres 6 per Cent
eil'LDiiitto 1 per Cent. (Deferred 3 per Cent )
b nn 6 per Cent
gy
•4ptian 7 per Cent..
Second Issue
Cent.,Vi;tosApecreount2s
pDitto 1824-5, ex-Coupone• •
ittricon,,,ns
114- 124 111
A
Italian
-..cc "
ount
6 Per Cent.(Maremmana Railway)
can 3 per Cent
Iv Ditto Account
mew Gran a 321 a 1 2 14 24
hiP°liBl3. Imperial 5 per Cent
da
Ditto 2 per Cent.
Ditto Deferred
pli)itto Land Warrants (Hectares)
aruvian 3
per Cent.
I 'fit
0 Account
Ditto 44 per Cent., 1862
874
?Ditto Account
°hrtnguese 3 per Cent., 1853
•Jitto Account,
Ditto 3 per Cent., 1866, '7,'9,
4-8 k 8
Ditto,
Account
-Ditto, 1863
1,. Ditto Scrip, £l5 paid pm
-•nseian 5 per Cent., 1822, £ St 9l
Ditto 41 per Cent 1850 •
Ditto 1860
Ditto per Cent., 1859
sarcl
5 per Cent. 1862 874 64 74
Vitt an 5 per
,Cent
A neo
°Parnell 3 Per'
..
Dittoto NAccewo
Ditto Passive ..................
Zettf.e.rred ........................ —.474
Ditto Account ...................... 324 Spanish Cert. of 0009 not . funded:
........ 1-3
Ditto Account ..
Swedish, 4 per
:
Turkish 6 per Cent. 1854
Ditto Account,Per
.
Ditto 6 per Ce t
694
Ditto Account'''. 1858
Ditto, £lOO B_ ............. ends Ditto 6 per Cent,lcd..... 694
Ditto Account
..
Ditto 6 per Cent.. . i ................
Ditto GuaraLteed, 4 Venezuela 3 per Ceti:, 6p3er Cent
Ditto Account .. ..... Ditto 6 per Cent., 1862 ..........
Ditto Account
Dividends on the ........ payable in London.
4tistrian, 5 per Cent., Ex. 10 Florins.
.3,elgian 41 per Cent., Ex. 25f.
-Untch2i per Cent., Ex. 12 Guil
Ditto 4 per Cent. Certificates
French Renter, 44 per Cent., Ex. 25f —
Ditto Account
Ita
Ditto lian, 5 per Cent'' 1861,
-- Ex* 25 francs —
Account,.
• ••
Consols Money
Ditto 'Account .......
904 1
...................... N V9OO4O'4CLOCK

THE IRON RESOURCES quan-
ScoTLAND.—The
tity of pig iron produced this year in Scotland may
be set down at not less than 1,150,000 tons, which, valued
athe average price of the year, of 555. per ton, represents
a total value of £3,162,500 sterling, thus exhibiting an in-
crease in the quantity of 70,000 tons, and in the value of
309,500, 'when compared with the returns of 1862. The
stocks of pig iron in Scotland have now increased to at
least '730,000 tons, which, calculated at the average price of
11118 week, of 6.35. per ton, amounts to £2,137,500 sterling.
The price has advanced from 50s. 6d. in May last to
6,38
and is now 1
• 61, per ton this month, 08, per
r'rotn: higher than the average of the last fifteen years.
"".." highly remunerative prices prevailing since last
d'ugust have no doubt greatly stimulated pro-
,tleti'n• In addition to supplying to local consumption,
';'(l2.orts foreign and coastwise, which hitherto were very
','trge, there have already been about 30,000 tons deposited
warehouse-keepers' stores, and at present these deposits
e?ntinue to be made at the rate of about 1,000 tons daily.
The
often quoted paragraph from the last annual circular of
ableading iron broker, as follows—" And it may reasonably
elPected that tha combined, steady, and well directed
eif )zs of producers and caoitalighs will, in the course of two
Te'rg. achieve the grand result of a stock of one million of
"s"—seems therefore likely to be fully verified. There
are to-day 132 furnaces in blast against the average of 120
furnaces in blast last year. The price is nown 64s 6d
egaixist 55s 6d twelve months eg0,—.41/ining Journal.