The Sun.
London, England, 1863-03-13 00:00:00

Y MARKET

AND
COMMERCIAL INTELLIGENCES

CITY, TWELVE O'CLOCK.

The Bank of England return for the week ending
Wednesday last is not altogether favour abie, but the
movemetits are not of magnitude. The metallic
reserves he‘ve been trenched upon, alio owing to the
increased de-mand for discount accommodation, the
other securities have been augmented. Annexed is
our usual analysis ;
_

Active Circulation •• .. £19,228,205
Decrease 461,980
Bullion 14,32,,178
Decrease .. •• 176,3 9
Rest •• 3,666,3 6
Increase .. 7,158
•• •• ••
Fublie Deposits 8,673 899
Increase . 637,`96
• •• •• ••
Other Deposits.. .. 13,282,605
Decrease .. .. • • •• 85,481
Seven Day and other Bills .. 573,460
Decrease .. •• •• •• 58,410
Government Securities • • 11,193,588
Increase .. • • • • • • 48,817
Other Securities 19,805,739
Increase .. • . U 6,705
Notes Unemployed .. •. 8,872,550
Increase ••305,710
The Council of the Bank of. France have reduced
the rate of discount from 5 to 41 per cent., and
owing to the increase in the stock of bullion, the
improvement in monetary affairs is expected to colt-
tinue.
The large supply of Mexican dollars brought by
the Shannon has been disposed of at ss. 31d. per
oz. for China.
The operations in the Foreign and Colonial Pro-
duce Markets during the last few days have not
been very extensive. Tea, sugar, coffee, and cocoa
have remained at about previous quotations, while
a slight advance has taken place in the value of
rice and tallow, P Y C. on the spot being quoted
43a. 9d.; June delivery, 44a. 9d.; and last three
months', 468. 9d. per cwt.
On the Bengal division of the East Indian Rail-
way the traffic receipts for the week ending the
28te December last were £11.024 against £8,497
in the corresponding period of the previous year.
The earnings of the North• Western Provinces
division were £5,882 against £4;743 in 1861.

Two o'CLoca.

At Paris, this day, according to Mr. Reuter's
telegram, the 3 per Cent. French Rentes were
701. sc.
The monthly return of the Bank of France has
been published to-day, and it shows an increase
ot 12.168,000 in the bullion, and a falling off ot
£2,053,320 in the bank notes, ,pd a reduction ot
£2,456 000 in the discounts, and cf £1,340,000 in
the advances on the stock and shares.
The E❑glish Stock M.rket opened this morning
with a firmer appearance, and a few transactions
took place at a slight advance, but some sales led to a
reaction, and Console are now 92k- for money, and
92i Q for account, The N.-a T tree per Cents. and
the Reduced are steady a, 901 I; Exchequer Bills
flit at 3i to ls. die.; Ba❑k Stock improved to
237 and 2391; and India Five per Cents. remained

t 108/ Q.
Ttie transactions in the Foreign Market have
been moderately active, but prices, in several in-
stances, show loss firmness. Turkish 6 per Cents.,
1858, have receded to 681 ; do., 1862, to 68/ 69 ;
And tht Consolides are 421 1 ; 2g3ptnin are 961
and the second issue 961; Mexican 311 ; Port u
guese New Loan is flat at 46/ ; Russian ditto 941;
Spanish Passive 261; ditto Certificates 91; Italian
691 1. The New Danish Loan is 1/ / prem., and
ihe Salvador 1.2 prem.
The operations in the Railway Share Market
have been limited, and prices have remained with
out change of importance. Great Western and
North British have improved about ss. ; and North
Western, 10s. ; Metropolitan have declined ss.
The Foreign and Colonial lines remained with-
out any material alteration in values.

Joint Stock Bank and Miscellaneous shares con-
tinue inactive, at about previous rates.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock 237 9i
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
India Stock
Ditto 5 per Cent lOBl i
Ditto Enfaced Paper, 4 per Cent
Ditto 5 per Cent
D t., bonds t 1.00
Ditto under £l,000
'onsols for Account. April 8 92s
Exchequer Bills, £lOOO, 2A per Cent 3 1 di3
Ditto £5OO
1 die
FOREIGN FUNDS—ONE O'CLOCK.
Egyptian 7 per Cent
Ditto, Second Issue ........
Greek 5 per Cent., 1824-5, ex-Coupons 2Ol.
9
Ditto Coupons
I alian h per Cent. ( Nlaremmana Railway) 72
\lexican 3 per Cent . .........
Ditto Account
NTew Granada ......... . ..........
iti to 2 per Cent ................ , • • _.t
Ditto Deferred....... .• . . .......
Ditto Land Warrants (Hectares) 6/
P i,,,,, 4i per gent.
Ditto 4k per Cent ~1862 ...4
~,sio Account
Portuguese 3 per Cent., 1853 ..........
Ditto Account.... ................. 47i
Ditto 1862 .............. 461
Ditto Scrip, £3O paid............... 3 pm
Russian 5 per Cent., 1822, £ St • 9 3
Ditto 5 per Cent., 1862 .. , ....... .. 944 4 a
Spanish 3 per Cent
631
Ditto Account
Ditto Passive
..
Spanish Cert. of Coup not funded
"ursish 6 per Cent. 1854 —
Ditto 6 per Cent. 1858
•• ,4• A.,,,auit .. „„
Ditto 6 per Cent. 18 ,2
ni,to Account 6Bl 9
Venezuela, 3 per Cent
Ditto Account 231 i
Ditto 6 I,er Cent., 1862
Dividends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. 25 francs 69i
Ditto Account ................T..
WO O'CLOCK.
Consols, Money ...................... 92 i
Ditto Account ........... 91 i

IMAGINARY NEGRO WARPARE.—The fate of the
negro, of the white population at the South, and of the
Northern army respectively will be decided in a brief con-
test, which will occur about the middle of next June, and
which we will describe as gravely and succinctly as pos-
sible :—On the Ist of April 50,000 negroes who have been
previously drilled in various camps of instruction, will be
debarked at Aquia Creek. Pugnacious Joseph Hooker,
foaming at the mouth from long delay, will organise them
into brigades and divisions, with the velocity of fren-
zied impatience. But it will require nix weeks of
incessant toil to perform this simple teat. It is
at last accomplished. The pontoons are laid safely and
crossed without opposition. To prevent accident the grand
col“ured division is put in the van. Greeley, its commander,
remains at Aquia Creek, "with a powerful glass," after the
manner of Burnside. The skirmishers of the grand coloured
division are thrown out. They deploy. The voice of an
overseer calling hogs is heard in a distant field. They rally
on the reserve. No rebels being visible, they are again thrown
forwards. They feel for the ere my, bat he is not to be felt.
The fire at nothing, 60 feet in the air, and hit it every time.
The rebels being thus driven to their earthworks, the grand
coloured division advances at the pas de charge, singing a
Methodist refrain, to storm the enemy's position, and carry
"the crest" at all hazards. of a sudden, the artillery of A.
P. Hill's command belches forth a hurrcane of shell and
shrapnel. here is a risin., of wool, as of quills upon the
fretful porcupine, under the cape of dusky brigadiers
and sooty major generals ; there is a simultaneous effusion
of mellifluous perspiration fr,,m fifty thousand tarry hides;
there is a display of ivory like fifty thousand flashes of
lightning; flay thousand pairs of charcoal knees are
knocking together, and one hundred. thousand Ethiopian
eyeballs are rolling madly in their sockets; like so many
drunken and distracted moons dancing in an ebon sky ;
the grand coloured division trembles like a mighty
pointer d g on an icy pavement—there is an universal
squall, as if all Africa had been kicked upo.i its shins, and
at the self-same moment a scattering, as it all the black-
birds, crows and buzzards in creation had taken wings at
once. To a man the Northern army lies prostrate in the
field, asphyxiated by the insufferable odour bequeathed to
the atmosphere by the dark departed host For a like
cause the rebel army is in full retreat to Richmond. Soli-
tary and alone, with his nose in his hand, A. P. Hill sue-
vi.tys the silent scene.—Richmond Examiner.
'ln E New FRENCII I'ALACE; —T .e Palace of In-
lusiry, which Is rising into tortn at. Auteuil, pro
mites to be a very fine edifice. Arriving by the new boule•
yard, which is being constructed by the city of Paris, and
which will be embellished with parterres, rows of chesnut •
trees and fountains, the visitor will see before him an impos-
ing structure, at once light and s• did, composed of gliss and
iron, resting on a basement of white stone. The grand facade
will present a soup d'ceil of 500 metres, or more than double
the elevation of the exposition building of 1855 in the Champs
Elysee?, and will be surmounted by a vast central dome, of
larger dimeniaious than those of nth Great Exhibition,
any other world.—Orwaa
and consequently then