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

tr ONE y MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
An easier feeling in discount circles has been ap-
parent this morning, but the rates continue firm at
_
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
aEperienced by the mercantile public.
About £5,000 in gold was taken in, and 100,000
lovere igns were withdrawn from the Bank yester-
day.

In the foreign exchanges yesterday afternoon
there was no material change. .
The Egyptian Commercial and Trading Company
Is 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 well 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,
up the Nile, following tile 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 subsidiesand 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 four 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 sears
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 1061. The application for the 10 years' bonds
amounted to £122,400, of which £107,800, ranging
from 105 to 1081, 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-
tere3ted 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, 68t 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 928 1 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 911 j. A transaction has
taken place in the 30 Years Annuities, 1855, 148 15.
The India 5 per Cent. Loan is quoted at 1071 to
1084, the Debentures are 1009 t, 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 713-: 72 ; ditto Consolides,
501 51; Mexican, 378 i; Greek, 39 394; ditto
Coupons, 181 19 ; Spanish Passive, 34i 359 ; ditto
Certificates, 121 ; Italian, 721 ;I; Grenada, 16;
Portuguese, 49/ d ; the Confederate Loan, 2 to 1 die.;
and the New Venezuelan Loan, k 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 55., while
London. Chatham, and Dover have declined 10s.
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 31/ d ; London
and Brazilian, 42/ ; Peninsular and Oriental Steam,
771. International Financial Stares are quoted
68 8 prem. ; London Financial, 28 B prem.; General
Credit ditto, 24 1 prem. ; and the Egyptian Com-
mercial and Trading Company, 21 21 prem.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
3per Cent. Reduced Annuities
per Cent. Consols Annuities
92k 2 i
New 3 per Cent. Annuities
kunuthes, 30 yrs, expire ith Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 141 15
Ditto (Red Sea Telegraph), Aug. 1908 2la
India Stock Shut
Ditto 5 per Cent
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 66 100 a a
Thu. bonds £1.900
Ditto under £l,000
Consols for Account, July 9 92/ a
March June.
xchecitter Bills, £l.OOO 21 per Cent... 2 cis 1 dis
Ditto £5OO lpm
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
, Ditto 41 per Cent., 1852-58-60
'lenos Ayres 6 per Cent —
Ditto Account.... 96
Danish;V 4 per Cent., 1863
Equ..,cittador New Consolidated, 1 per Cent l7/
Egyptian 7 per Cent —
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coup•ms..
Ditto Account 39± i ! 198 a 91
Ditto Coupons
Italian 5 per Cent. (Maremmana Railway)
Mexican 3 per Cent ....
Ditto Account . 3Bl 1 74 8
Moorish Imperial 5 per Cent
New Granada
Ditto 2 per Cent. --
Ditto Deterred
Peruvian 41 per Cent.
Ditto 41 per Cent, 1862 —
Ditto Account 9ll
Portuguese 3 per Cent., 1853
Ditto 3 per Cent., 1856, '7, '9, '6O, 62 494
Ditto Account 491
Russian 5 per Cent., 1822, £ St
Ditto 3 per Cent., 1859. ... 581
Ditto 5 per Cent., 1862
4anieh 3 per Cent
371
Ditto Passive ........
35 4i 5± 5
Ditto Account
Spanish Cert. of Coup not funded
Turkish 6 per Cent. 1854
92 1 i
Ditto Account
Ditto 6 per Cent. 1858
Ditto Account .......... 70i t
Ditto 6 per Cent. 1862 .............. 711
Ditto Account
Ditto Guaranteed, 4 per Cent.
Venezuela, 3 per Cent ......
Ditto Account.. 26± 5i
_Ditto 6 per Cent., 1862
uitto Account s9a / 9
b Dividends on the above payable in London.
I°,elgian 41 per Cent., Ex. 25f 991
-uut.Th. 21 per Cent., Ex. 12 Guil
D
1 tallitatno, 4 per Cent. Certificates
5 per Cent., 1861, Ex. 25 francs 7.21
Ditto Account 721
:. Ditto Scrip, 1863, £l4 4s. paid .. 21 pm
THREE O'CLOCK.
Console, Aloney
9a I
Ditto Account 922k

li i