The Sun.
London, England, 1863-08-08 00:00:00

ONE Y MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
The general money market to-day presents a
rather more active appearance, there being an in-
creased enquiry for discounts, and the rates for the
best short-dated bills are 31 per cent.
There was a slight downward tendency in the
rates of exchange on several of the principal con-
tinental cities yesterday afternoon.
A further sum of £lBO,OOO in gold was taken
into the Bank yesterday.
Since Monday last the imports of specie have
amounted to £270,600 and the exports to £210,000.
A meeting was held yesterday of the creditors of
Mr. Hugh Harris Ford, woollen warehouseman, of
79, Watling-street, when the accounts submitted by
Messrs. C. F. Kemp, Ford, and Co., estimated the
liabilities at £11,517, and the. assets at £11,085.
A resolution was passed to accept a composition of
10s. in the pound, payable as follows :-ss. in cash,
2s. 6d, at three months, and 2s. 6d. at six months,
the last secured. The principal assets consist of a
large shipping debt, which is looked upon as
of un-
certain value, and of the stock in trade, which is of
course subject to realisation.
The report presented to the proprietors of the
Royal Insurance Company at their annual meeting,
yesterday, gives convincing evidence of the extra-
ordinarily rapid growth cf this flourishing institu-
tion. It has now been in existence for a period of
18 years, and during that time it has achieved for
itself a position and a name which may well be en-
vied by most, if not all, its predecessors in the
assurance field. The report shows that, whereas in
the ninth year of the company's existence the fire
premiums were about £112,000, they have now
reached upwards of £300,000. The life premiums,
Which at the same period were £22,000, are now
nearly five times that amount ; and the sum paid
for the purchase of annuities is now_Eight times as
much as it was nine years ago. "In e past year
£65,680 were added to the balance of life funds,
which was thereby increased to £257,022. The
sums assured in the financial year just ended amount
to £701,427, on 1,498 policies. Throughout the
report the same satisfactory evidence of progress—
progress almost unprecedented in the history of
assurance companies—is afforded. Nor is this
flourishing state of affairs altogether matter of
astonishment when we consider the liberality and
the judicious management which have from the
outset characterised all the proceedings of the Royal
Insurance Company. Moreover, it has always had
the good fortune to be governed by men of high
commercial standing; and possesses, in its actuary,
Mr. Dove, and in its manager, Mr. M'Laren,
officers, the value of whose tact and energy it would
be difficult to overrate. Under such circumstances,
the Royal has become what it is, and we doubt no
Will attain to even brighter things in the future.

Two O'CLOCK.
At Paris, this day, according to Mr. Reuter's
telegram, the Three per Cent. Rentes were 67f. 25c.
Dull.
The English Stock Market, which has presented
a dull appearance, has been well supported, not-
withstanding the receipt of lower prices from the
Paris: Bourse, owing, no doubt, to the favour-
able prospects of monetary affairs, and the highly
encouraging accounts of the harvest. Consols re-
main at 924 k for money, and 93 k for the account.
The New Threes are 9211 931 ; the Reduced, 938 ;
India 5 per Cents., 1088 4 ; do. Debentures, 100;
and Exchequer Bills, ls. die, to 2s. prem.
The Foreign Market is moderately active, and
prices have, in several instances, been depressed.
Turkish 6 per Cents., 1862, are steady at 674 ;
do. Consolides have receded to 48 ; Greek to 328 ;
do. Coupons to 148 151 ; Spanish Passive to 32! 8 ;
do. Certificates to 121 e ; but Mexican have im-
proved to 361 378 ; the Confederate Loan to 24 to
22 discount. Portuguese are 48 ; Italian, 71; and
Venezuela, 561 g.
In the Railway Share Market business has been
dull, and the few dealings recorded have been at a
farther slight decline in values. Great Eastern,
Great Northern, and North Western have each
receded 10s., and Caledonian, £1 to £1 55.; while
Brighton has improved 10s.
The Foreign lines continue inactive at previous
quotation.
In the Colonial undertakings Bombay and
Baroda have declined 108.; Great Southern of India
10s.; Madras 5 per Cents. 108., and Punjaub, 108.
Bank and Miscellaneous Shares are inactive,
without any material alteration to record in Union of Australia realise 521 2 ; prices.
Crystal Palace
Stock 401 ; Hudson's Bay Comany
Royal Mail Steam have improved p
to 671.21 ; and

BRITISH FUNDS
Bank Stock. —CLOSING PRICES.
3 per Cent. Reduced Annuities 93
3 per Cent. Consols Annuities 92i 3
New 3 per Cent. Annuities 924 3i
New 2} per Cent. Annuities . annuities, 30 yrs, expire bth Jan., 1880
Ditto Ditto for 30 yrs, expire sth April, 1885
(Red Sea Telegraph), Aug. 1908
India Stock
Ditto •
Ditto 5 pei Cent loBa I
Enfaced Paper, 4 per Cent
Ditto 5 per Cent —
Ditto 5i per Cent ..... .... ..
Ditto
Debentures, 4 per Ct., 'Oct:, 1863
Ditto ditto April, 1864 100
Ditto ditto Aug. 1864 or 66
DO to Bonds £l,OOO l9 pm
Ditto under £l,OOO
Bank Stock for Account
Consols for Account, Sept. 9
India Stock for Account, 5 per Cent —
March, June,
I
21 per Cent. 21 per Cent.
1 dis

Exchequer Bills, £l,OOO ..
Ditto £500..
Ditto Small .. 2 die
FOREIGN FITNDS—CLOSING PRICES.
Brazilian 5 per Cent
_
Ditto, 1839 and 1859
93}
Ditto 44 per Cent., 1852.58-60
Buenos Ayres 6 per Cent ....
Chili Ditto 1 per Cent. (Deferred 3 per Cent.)
Dittan 6 per Cent
o 3 per Cent
--
B Ditto
New Consolidated, 1 per Cent —
-EgVptian 7 per Cent
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coupens —
Ditto Ditto Account ..
• 32/ i
Coupons
Ditto Aecount ......... ........
:. ::
Italian. per Cent.(Marern.tn.a.n. ..
1
Mexican 3 per Ceut . Ditto Account -7i 61
Portuguese 3 r Cent., 1853........
Ditto Account,
DiDitto 3 per Cent., 1856, '7, 9, '6O, 62
tto Account ....................
Russian 5 per Cent., 1822, £St
Ditto 41 per Cent 1850 .............
Ditto 3 per Cent., 1859
SardiDitto 5 per Cent, 1862
Dittnian 5 per Cent, ......... ••
Spanio Account.
sh 3 per Cent
Ditto Account...
•
Ditto
New_ef. ............
D erred •
Ditto Account,.
48'
Ditto Passive
Ditto Account :
3-21
Spanish Cert. of 6oi.i.pnoifu;.ded... ..
. ... ..
••- " 4
Ditto Account
Turkish 6 per Cent: figi
Ditto Account . .
DDitto 6 per Cent: 1858
Dittitto Account .. ... .
Ditto 6 per Cent: 1862
' -4
4
o Account ........ :
Ditto Guaratteed, 4 per Cent-
4
Venezuela 3 per Cent.
Ditto Account
Ditto 6 per Cent., 1862..... -4...4.*
Ditto Account .... .............. ::
Dividends on the above •payable.... In L6o- do
Austrian 5 per Cent., Ex. 10 florins .
69; 4.
Dutch 24. per Cent., Ex. 12 Unit .........
Ditto 4 per Cent. Certificates
Italian, 5 per Cent., 1861, Ex. 25 francs
Ditto Account . • ... 7l

• 4
Consols, Money ...................... 9 T WO2O'C
Ditto Account ...................... 93 LOCK.
I-

verpool Cotton Market—This Day.

(REUTER'S TELEGRAM.)
A importstrongel6 r
385. market. Sales about 6,000 bales;
,

A letter from Cares (Crete) gives the following
particulars respecting the yield of silk in that
island :—" The cocoons hitherto collEcted resemble in form
and size those produced in France and Italy. Two-thirds
of them are yellow, varying from orange to chamois and
nankeen tints. The other third range from pure white to a
sulphur tint. The quality is much better than last year,
but has not yet become so good as before the invasion of
the silkworm disease three years back."

BRITISH POSSESSIONS.
Shanßailwa Closing
ys Patel. Price. Business don.
100 ktlantic &St Lawrence all 61 t 3 62¢
tkJ Bom.,Baroda&.Cent Inc
Gu. 5 per cent.
20 Do. New ...... 8 I P p
20 Do. E. Shares..,
40¢ Buffalo and Laxe Huron all 5¢ 61
10 Do. Preference
100 5 Buffalo,Brant,&Godrich
et. bds. Aug. 1, 1872 10'
100 Do. dos
July 1, 1873 100 lOO Do. do. June 1, 18:i 100
st Clcutta..4S.l4:p.stn.(Lii, ) 100 1065 1071 108
st Cape Town & Dock Seri) 100 E7¢ 108¢
stock Eastn. Bengal gu. 5 p lOO 108¢ 109¢
stock East Indian. gu. sp. c lOO 107 148 108¢
20 Do. do. G Ext lO 1¢ I¢p
20 Do. do. H do.
stock Grand Trunk of Canada tuu 19¢ 204
100 Do. Ist Pret. Bonds., all 70 72 71
100 Do. co. deferred....., all 52 55
100 Do. 2ti Pref. Bonds all 64 66
100 Do. do. deferred— all 50 62
100 I 80. 3d P, ef. stock
100 Do. do. deferred...... all 34 37
100 Do. 4th Pref. stoic... all 23 25
100 Do. do. deferred all 21 23
stook Git.lndraPenin.gua.sp.c 100 108 109 108¢
20 Do. New gua. sp. 0 l2 1 141
20 Do. January, 1862 .. 8 1 1¢;
stock Gt. South.of India (Lim)
guaranteed 5 per cent. 100 107 108 107¢
20¢ Gt. W. or Canada Shares all Ic4 114
20¢ Do. New
100 Do. 6 p.c. '73 with't opt. all 97 100
100 Do. 5¢ p. c. do. '77-8.. . all 90 92
10 Indian Branch Limited 2 41p 2¢ 4
stock Madras guar., 5p.0. .. 100 107 118 107¢
stock Do. 11 p. c. Extensior 100 101 102 1011
stock De. 4s d 0........ 100 97 99 98
20 Do. Fifth Extension. 2 stock Melb.Corp.
p. o. Buds. 100
50 31e1b. & Llobson's Bay. all 54 56 56
100 Do. 7p. c. Mortg. Bds. all
20 Newßrunswick Candu
Class A an 1 B
N.lll.C'da 6po Ist pf bds alll
1083:7 1_ 860
stock Scinde
82,0 ft
DDD
000
pDdueonl7a.
u: qaoo2o: 106 ¢ 107
c.
st Do. Do. .......b .
, tiq, 100 107 108 107¢
.rock Do. Indus. St. Flo.) 100 103 105
COLONIAL GOVERNMENT SECURITIES.
ti p.c.J a ,fz.l u 1
1877-84
1)o. 6p. c. Feb. & Aug. 100 u 2 104
, Do. 6p. c. Ma:. 3c Sept. 100 106 108
Do. t. p. c. Jan.&July. 100 05¢ 96¢
Do. 5 Inscribed stock 100 94 96
'Cape G.Llope, 6p 0,1873 100 108 110
Do.Ap & Oct. 1880 100 112 114
Do. 1891 100 113 115
-
!Do. Jan. & July, 1891.. 100 111 113
Ceylon, N0v.1878, 6p c 100 113 M
Mauritius 6 per cent .. 100 106 107
Natal Gov. 6 per cent.. 100 110 112
IN.B.Goy. a.&Jul) 100 105 116 106
Do. 6p. o.Ap. & Oct.. 100
N. S.W. Gov. 5p 18.-). 100 100 101
Do. sp. e.,18/4 to 1t.',71 100 101 102
Do. d0.,1888 &upwda 100 101¢ 1024
'New Zealand 6 p cent. 100 110 112
INova Scotia Gov. 6p. c.
j sterling, 1875 lOO 105 108
Queensland Go,. 6p. c lOO 1:0 112
,b. Aus G6p.c.1e78.& up lOO 110 112
- Vic.GOV. 6 p.c. JL&Jul} 100 107 109
Do. to 6 p.c. An.,koot.. 100 1124 113 1121

BRITISH MINES.