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

COMAIERCLIL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
37An active demand for money is still experienced
in the general discount market, notwithstanding
the effect produced for the liquidation of ti e bills
due on the 4th has now entirely ceased. The full
rate of 4 per cent. is enforced for the best descrip-
tion of three months' paper, with exceptional trans-
actions at per cent.
The Parana, which has arrived from the Brazils,
has brought about £15,033.
A special settlement has been appointed to take
place by the committee of the Stock Exchange on
the 13th inst. in the shares of the undermentioned
companies :—The Egyptian Commercial and Trad-
ing Company, Dunaburg and Wisepok Railway
Campany, and the Bank of Otago (New Zealand),
all of which are to be officially quoted, but the deal-
ings in the last named undertaking are only to be
recorded in the bi-weekly list.
Rather less activity has prevailed in the Foreign
and Colonial Produce Markets during the last few
days. Operations on tea have been suspended,
Owing to the approach of the public sales which
commence to-day. Sugar, coffee, and rice have
barely sustained former rates; while saltpetre has
been at enhanced quotations. Tallow has continued
dull for both present and forward delivery.
An undertaking of importance, entitled the
London and African Trading Company, has recently
been announced. The capital required is £500,000
and the first issue will comprise 4,000 shares of
£25 each. The primary object is to barter with
the natives on the West Coast of Africa, English
manufactures for the produce of that portion
of the continent, con sisting of palm oil, cotton,
ivory, ground nuts, &c. It is averred that
the trade of this region has hitherto
been exclusively conducted by individuals who have
realised large fortunes on the system of barter
carried on with the natives. It appears that the
most important article of trade is the palm oil, the
production of which is stated to be unlimited; and
that the nuts of the palm trees are so plentiful that
they are left strewed about the forests to
rot. Again, the cotton plant, which is indigenous
to the soil of Africa, can be grown in large quan-
tities, and the natives have long been successful in
the manufacture of cloths for their own use. The
prospectus states that the directors have effected a
favourable arrangement with a firm, for many years
carrying on a lucrative trade in this part of the
world, for the purchase of its business, and the
company will therefore be enabled at once to com-
mence operations,

Two O'CLOCK.

At Paris this morning, according to Mr. Reuter's
telegram, the French 3 per Cent. Rentes were
at 68f. The.

The market for the English Funds has exhibited
an improving tone this morning, and Consols are I
per cent. better. The settlement of the account
has made satisfactory progress, which together
with the brilliant weather for the growing crops
has induced a more confident feeling, and led to a
few purchases for speculative purposes. The
quotations are now 921 I for money and
the 9th instant, and 921 t for the August
mount. The market at the last moment presents
a buoyant aspect. The New Threes are firm at 92 /,
and the Reduced Annuities are 92 4 ; Bank Stock
also remains at 234, 236 ; India Stock, ex div., is
marked 224, 225, 227 ; the Five per Cent. Loan
1081 t ; the Five per Cent. Enfaced Paper, 106 t,
the Bonds are 18s. prem., and Exchequer Bills
ls. die. to 2s. prem.

A smaller amount of business has taken place in
the Foreign Market than for some time past, and
the quotations show a little heaviness. Mexicans
have been 361 37; ; Greek, 35 4 ; and the Coupons
have also tended downwards. There have been
dealings in Turkish 6 per Cents., in the 1854 issue,
at 93/ ; in the 1862 issue, at 671 68 ; and in the
Consolides, at 501 51, showing steadiness. The
Confederate Loan remains at 1-1- OQ dis.; Italian 5
per Cents, are marked 7 if-4 ; and Portuguese 3 per
Cents., 48} 4.
In the Railway Share Market the operations have
again been of the most limited character. North-
Western have declined about 55., and London and
Blackwell, and South-Western 10s. Caledonian
and South-Eastern, however, have improved ss.
The Foreign and Colonial undertakings remain
inactive at barely previous quotations.
Joint Stock Bank and Miscellaneous Shares are
in some instances at slightly advanced prices. Im-
perial Ottoman Bank realise 194 ; London Chartered
of Australia, 28-Z; Union of Australia, 37; and
Royal Mail Steam have improved to 674. Interna-
tional Financial shares are quoted 41 g prem. ;
London Financial, t- to I prem. ; Egyptian Trading
Company, I to Q prem.; and Hudson's Bay Com-
pany, tow prem.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock 234 6
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities 92f 1 a
New 3 per Cent. Annuities
New 21 per Cent. Annuities —
Annuities, 30 yrs, expire 6th Jan., 1880.
Ditto for 30 yrs, expire sth April, 1885.
Ditto (Red Sea Telegraph), Aug. 1908.
India Stock
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 Bonds £l,OOO lB pm
Ditto under £1,000..
India Stock for Account, 5 per Cent....
Consols for Account, July 9 921 I
Marco June
Exchequer Bills, 'SI,OOO 2} per Cent.. 2pm 2pm
Ditto £SOO
Ditto Small .•
FOREIGN FUNDS--CLOSING PRICES.
Brazilian 5 per Cent
Ditto ,If per Cent., 1852-58-60
Chili= 6 per Cent. .......... —
Ditto 41 per Cent.
Danish 4 per Cent., 1863
Egyptian 7 per Cent., lOll
Greek 5 per Cent., 1824_5, ex-Coupons —
Ditto Account,.3sl 1 5 4/ 51 4/ 6
Ditto Coupons
Italian 6 per Cent. (Maremmana Railway) 7819
Mexican 3 per Cent
Ditto Account 37 1 6
New Granada l5/
Ditto 2 per Cent. 32i
Ditto Deferred 9i
Peruvian 41 per Cent.
Ditto 1862 •
Ditto Account
Portuguese 3 per Cent.. 1853
Ditto 3 per Cent., 1856, '7, '9, '6O, 62..
Ditto Account 4Bl 1
Russian 6 per Cent., 1822, £ St 941 5 4
Ditto 3 per Cent., 1859 591
Ditto 5 per Cent, 1862 931 1
Sardinian 5 per Cent —
Ditto Account
Spanish Cert. of Coup not funded
Ditto Account l2l
Turkish 6 per Cent. 1854
Ditto Account .. 921 1
Ditto 6 per Cent. 1862
Ditto A.ccount 6B 71 f 8
Ditto
Guaranteed, 4 per Cent.
Venezuela, 3 per Cent
--
Ditto 6 per Cent., 1862
Ditto Account . 2
57/ I Dividends on the above payable in London.
D
atch 1 per
Ditto Cent., Ex. 12 Guil
Italian, 6 64
per Cent. Certificates
Ditto Ammer Cent., 1861, Ex. 25 francs — 1
ix " t
tlensols, Money
THREE O'CLOCK.
Ditto Account
..
9221
9
......
'",,,.........__

THE DUKE'S` RA
Lord Strangford, once-sr-My friend, the late
me that staying at
'Walmer Castle with the Duokled
Wellington, the duke
informed him, one morning at °lf
teakfast, that he was
obliged to go up to London immediately, as all his razors
required setting, but he would be
to
lend
dinner. Lord
Strangford very naturally offered
dig the duke his
razors, which, luckily for the duke, he
Lord S., who was somewhat careless aboulltoh"eccipenfoarl
Lordn'S
appearance, shaved with razors something like-
*thtu e
saws, which made one shudder to look at.
offered to take the razors to Dover, but the Duke celied,
"The man who always sharpens my razors has sharpened
them for many years ; I would not trust them with any
one else. He lives in Jermyn-street, and there they must
go. So you see, Strangford, every man has a weak point,
and my weak point is about the sharpening of my razors.
Perhaps you are not aware that I shave myself, and brush
toy own clothes; I regret that I cannot clean by own boots,
for men-servants bore me, and the presence of a crowd of
idle fellows annoys me more than I can tell you,"—
Clron°W°3 ReollectiQPlS,