The Sun.
London, England, 1863-07-02 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

The rates of discount continue flew, find the en-
quiry is active, but the market is more liberally
supplied.

The bidding for 40.00.000 rupees (X 400,000) in
bills on India, took place yestet day at the Bank of
England. The proportions allotted were to Cal
cutta, 22.00.000 rupees, to Bomb-y 16.00.000
rupees, and to Madras 2.00.000 rupees. The de
Oared minimum price was as before, is, 111 d. per
rupee on Calcutta, and ls. 1l d. on Bombay and
Madras. The applications within the limits
amounted to 107 lace. Tenders on Calcutta at ls.
114 d. will receive about 32 per cent.; on Bombay
at. Is. 111 d., about 21 per cent. ; on Madras at ls.
:ltd., about 45 per cent., and all above these prices
in lull.

A further sum of £40,000 in gold was taken into
Bank yesterday.
A circular his been iasned to the shareholders of
the London and Coionial Bank, intimating that a
head branch has been opened in Montreal, Canada,
and that an agency has been established in Toronto.
The directors refer to the visit of Mr. Tait, one of
their number, to Canada, whose mission has re
suited in arrangements very favourable to the
interests of the Bank.
The warrants for interest at the rate of 5 per cent.
on the shares of the Nerbudda Coal and Iron Com-
pany, for the three months ending the 30th ult.,
have just been issued. Mr. Biackwell, the Indian
manager to the company, has just arrived in this
country, and the directors intimate that he will be
present a' the ensning general meeting.
The last week's rails ay receipts ascertained up
to this day are in round figures as under :

18. 1862.
Great Western f 64,3 6320 L 65,886
orth-Western

South- Western
Brighton
Midland

t-outh-Eastern
Great Northern
Lancashire and Yorkshire~
Treat E'.stern
North Eastern 47,'2:8 45,135
Bristol and Exeter 7,168 7,4E1
Manchester, Sheffield, and Lincoln 14,917 13,779
North British
Edinburgh and Glasgow
Glasgow and South-Wtstern
The returns in most instances are unfavourable ;
on the Great Western there is a decrease of £1,556;
on the South Western of £3,195, on the Brighton
of £3,361, on the South Etetern of £977, 03 the
Great Northern of £1,234, and on the Great Eastern
of £982. The North Western, however, shows an
increase of £193, the Midland of £2,451, the Lan-
cashire and Yorkshire of £2 810, the North
Eastern of £2,083, and the Manchester, Shrffidld,
and Lincoln of £1,138.

Two o'CLocK.

A special meeting of the Van Dt,men's L .nd
Company was held to day for the purpose of elect
ing a deputy governor, and disposing of the for-
feited shares. Mr. V. Knight, who occupied the
chair, stated that under the provisions of the recent
act the directors proposed to sell 116 shares, being
a portion of those forfeited. The proceeds from the
sale would discharge the expenses incurred in ob-
taining the new Act of Parliament, and also pay off
the liabilities of the late Cnancery suit. The pros-
pects of the company were more encouraging now
than at any other time, and the directors enter-
tained good hopes that at the next meeting
they would be able to declare a dividend. A
resolution in acoordance with the suggestions
of the directors was unanimously agreed to.
It was also resolved to offer the shares to the public
by tender. Mr. V llentine Knight was elected the
Deputy Governor of the Company.
At Paris his morning, according to Mr. R euter's
telegram, the French 3 per Cent. Rentes were
heavy at 68f. 55c.
The transactions in the market for the English
Funds continue on a very limited scale, but not-
withstanding the inactivity of speculation prices
remain st-ady. Consols are 92 1 for
.money, and
921 for the account. The transactions in other
descriptions have been very limited ; the new Threes
and Reduced Annuities, however, have been firm at

914 92 ; Exalt-quer Bills at 4s. dis. to pnr; India
5 per Cents, at 108 s 7-, and Enfaced 51 per Cents.
att 1151 1. •

A further downward movement has taken place
in the Foreign Market and business is dull. Turkish
6 per Ctnts., 1862, are 671 68; do. Consolides, 50
504 ; Mexican, 361 4 ; Greek, 341 I; do. Coupons,
151 161 ; Spanish Passive, 33! 34 ; do. Certificates.
121 6 ; Portuguese, 481 1 ex div.; Venezuelan, 551
561; do. New Loan, 2 to 1 die.; and the Confede-
rate Loan, 11 to 4 dis.
Business in the Itlilway Share Market had con
tinned very dull, lnd the unfavourable character of
the traffic receipts on several of the chiet undertak-
ings has c.u*ed further depression in prices. -Great

Eastern and Great Northern A Sock has receded
55.; North E ►stern (York), 10d. ; and London,

Chatham, and Dover, £l.

In the Foreign and Colonial undertakings there
has been little variation of importance as regards
values.

Bank and Miscellaneous Snares have in some in
stances also shown less firmness. London Char-
tered of Australia realise 274 4 ; Union of Ireland,
141; Cryatal Palace Stock is firm at 374 38; Inter-
national Financial Snares are quoted 62- I prem.;
General Credit, 11 1 prem.; London Financial,
11 2 prem.; and Egyptian Trading Cumpany, 1 to
1 prem.

BRITISH FUNDS--CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
New 21 per Cent. Annuities,.
i...tounes, 30 yrs, wxpire ioth Jan., lit3l, —
Ditto for 30 yrs, expire nth April, 1885 l4 15-16
Ditto (Red Sea Telegraph), Aug. 1908 —
India Stock -
Ditto 5 per Cent.
Ditto Enlaced Paper, 4 per Cent —
Ditto 5 per Cent —
Di:to 51 per Cent
Ditto Debentures, 4 per Ct., Oct., 1863
Ditto ditto April, 1864
Ditto ditto Aug. 1864 or 66 1001
Ditto bonds rl..ns, —
Ditto uuder £1,000..
I dia Stock for Account, 5 per Cent....
Consols for Account, July 9 92/
Marca I June

Exchequer Bills, £l.OOO 2} per Cent
Ditto £5OO —
Ditto Small —
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
Ditto 4} per Cent.. 1852.58-60
Buenos Ayres 6 per Cent
' iD, i iiitatcbti 6Auc:
rouunetnt. 96
Equador New Consolidated, 1 per Cent l6l 1
Egyptian 7 pet Cent .. 101
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coup ms.. ---
Ditto Account 35 41 51 41 5
Ditto Coupons 161 151 16i
Italian S per Cent,. (Mareinmana Railway) 771 8
,110_10irtitoshAIccinopuenrital 5
Mexican 3 per Cent
,'-ew Granada ..... P.
36a i i
e.r. . Cent....
... 961
Ditto 2
~ Per C t
Ditri..ueterreden • Ditto Land Wiiira.nt.s.(Hectares)
PJruvian 4k per ‘
Ditto Vent.
Ditto Account,... 1862 ..
Portuguese 3 per
Ditto 3 per Cent., 1866,
C. .. i',:•...
'73'9: ;6.07 62.. --
Ditto Account ......
i 8".2.2., .1. .s.. ........ 481 i 7i
Russian 5 per Cent..
Ditto 5 per Cent. 1862 ....•
.......
Spanish 3 per Cent ...................... 93 21
Ditto Account ........................ s—Ti
~,
Ditto New Deterred . ............... ' g
i iitio Account --
.....
Ditto Passive
••••
Ditto A ei•ount
Account l2l i
,t 1
Turkish 6 per Cent. 1854
Ditto Account
Ditto 6 per Cent. 1858
708 1 70 691
i 'at° Account
DAto £lOO Bonds ..._.
liitto 6 per Cent. 1862
Ditto Account
Ditto livarat teed, 4 per Cent. —
Venezuela, 3 per Cent
14th 6 per Cent., 1852
Ditto Account 561 51t 1 6 i
Dividends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. 25 francs 7Ol 70
THREE O'CLOCK.
Consols, Money
Ditto Account 921 i

4 dis