The Sun.
London, England, 1863-12-18 00:00:00

]IONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
The condition of the money market is gradually
assuming greater easiness through the favourab e
Position of the Bank of England, as shown in the
return issued last evening by the authorities.
Capital out of doors is abundant, and the mercan-
tile classes, believing that lower quotations will be
shortly current, are consequently restricting their
Operations as much as possible. Bi'l brokers, on
the other hand, are anxious to obtain business, and
trst-class paper is freely negotiated at 71 per cent.
The Bank of England Return for the week to
Wednesday last is of a highly satisfactory nature.
The stock of bullion has been considerably increased,
and the Reserve of Notes shows an augmentation of
/tore than £1,000,000. The Government and Public
Deposits are also larger, and the Other Securities
exhibit an important diminution. Annexed is our
usual analysis
Active Circulation .. £19,800,505
Decrease .• • • 392,535
Bullion •• 13,675.474
Increase .. •• • • 666.857
Rest .. 3,226,953
Increase .. • • • • 8,016
Public Deposits .. 9,103,738
Increase .. .. 473,882
Other Deposits.. .. • .. 13,265,068
Increase .. .• 283,792
Seven Day and other Bills .. .. 582,259
Decrease .. •• • • • • 25,908
Government Securities .. 10,762,330
Increase .. 50,000
Other Securities .. 21,443,719
Decrease .. .. 369,610
Notes Unemployed .. 7,765,740
Increase .. 1,030,205
The City of Baltimore, from New York, has
brought
£210,630.
The bar silver lately arrived by the Seine from
the West Indies and the Pacific was sold yesterday
at os. lid. per oz. standard, showing no material
alteration in the price realised.
The only bullion operation of importance at the
Bank yesterday was a withdrawal of 17,000
sovereigns for the Mauritius.
The operations in the Foreign and Colonial Pro-
duce Markets during the last few days have been
°n a rather reduced scale. Sugar has sold slowly,
at a decline in some instances of ls. to 2s. per cwt.
Por coffee, however, there has been a moderate
inquiry, and full rates have been realised. In tea,
rice, fruit, and spices, there has been no material
variation as regards values, but a more cheerful
tone has prevailed in the tallow market, and quo-
tations for both present and forward delivery show
an upward tendency.

Two O'CLOCK.
An improvement of about per cent. has taken,
place to-day in the Market for the English Funds
owing to the easier position of monetary affairs
and the favourable Bank of England return. The
increase of bullion and reserve of notes, together
with a falling off in the loan and discount opera-
tions of the establishment, have produced a very
favourable feeling among speculators, and Consols
are now quoted 90i 91 for money, and 918 a for the
account. The New Threes and Reduced Annuities
are higher at 904 91 ; Exchequer Bills remain
steady at 10s. to 55. die. ; India 5 per Cents. at
1061 2; and the Eufaced, 5 per Cents. at 104.
A. general upward movement is apparent in the
'value of the principal Foreign Securities, but busi-
ness is not active. Turkish 6 per Cents., 1862, are
70i 4 ; ditto Consolides, 46 I; Mexican, 34 4;
creek, 252 t; Spanish Passive, 324 33; ditto
Certificates, 13 ; Portuguese, 481 4; Russian,
88} 4 ; and the Confederate Loan, 38 40.;
In the Railway Share Market the operations
have not been extensive, but prices have generally
exhibited more firmness. Great Western, and
North-Eastern (Berwick), have improved ss. ;
and Great Northern A Stock, and Metropolitan,
108. ; London and North Western, however, have
declined 10s. ; and South Eastern, ss.
The Foreign and Colonial lines are inactive, and
exhibit no change in values.
Bank shares remain very dull. London and
County, however, have improved to 56; London
and Westminster to 792; and Imperial Ottoman
have declined to 171.
In the Miscellaneous Market, Crystal Palace
stock has receded to 334 4 ; London Financial, 238;
and Mercantile Credit, 78 ; General Floating Dock
Company shares are quoted 1 to 11 prem.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock 233 5
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities.. 9oi i 1
New 3 per Cent. Annuities
Nev-3 per Cent. Annuities
New 2i per Cent. Annuities.. —
6 per Cent. Annuities, Jan. 1873 ..
hutauities, 30 yrs, expire iith Jan., 1880..
Ditto for 30 yrs, expire sth April, 1885.
Ditto (Red Sea Telegraph), Aug. 1908.
India Stock, 1874
Ditto 5 pet Cent. 1870
Ditto 4 per Cent. 1888 —
Ditto Enlaced Paper, 4 per Cent ..
Ditto 5 per Cent lO4
Ditto 5i per Cent
Ditto ditto April, 1864
-„ Ditto ditto Aug. 1864 or 66
Bank Stock for Account
DILI° bonds £l,OOO .— dis
Ditto under £l,000
9li i
~.Consols for Account, Jan. 7
,Iridia Stock for Account,
'cachequer Bills, £l,OOO, 9 4 41 3 per Cent 5 10 dis
"4
Ditto £SOO
Ditto Small

FOREIGN FUNDS—ONE O'CLOCK.
4 utrian Bonds, 5 per Cent ..
Ditto
Irazilian 5 per Cent 1859
—•—
Ditto, 1839 and 1859
Ditto 41 per Cent., 1852-58-60
Ditto 1863
/311enos Ayres 6 per Cent
Ditto 1 per Cent. (Deferred 3 per Cent.)
Colombian 6 Scrip £l5 pd
Ditto Scrip, 1863, £3O paid
•bilian 6 per Cent —
i.itto 4i per Cent,
Danish 4 per Cent., 1863
Dutch, 21 per Cent., Ex. 12 Guilders
, Ditto, Provisonal Land Warrant —
tlgyptian 7 pet Cent 99
_ Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coupons —
Ditto Account
Ditto Coupons
Ditto Account
Guatemala. 5 per Cent. -
Ditto Account
5 per cent.(iviarenunana Railway;
Italian
••• --__
Mexican. 3 per Cent .
Ditto Account.., :.: ......
Moorish Imperial 5 per Cent ..................... 93431 I a
New Granada.....
Ditto 2 per Cent: *********************
Ditto Deterred ........... : ...
. ; .......
Ditto Land Warrants (liecta're's) ....... --
Peruvian taper Cent. ..................
I?itto Account ........ . ......
................ --:
Ditto 41 per Cent.,
Ditto Account -
Portuguese 3 per Cent., 1853 ..........
Ditto Account..
Ditto 3 per Cent., 1856, '7, '9, '6O, 62.. 481 t
Ditto Account
Ditto: 1863
Ditto Scrip, £l5 paid
--
Russian 5 per Cent., 1822, £ St
Ditto 41 per Cent 1850......
Ditto 1860
Ditto 3 per Cent., 1859
Ditto 5 per Cent, 1862 ............. • 88}
Sardinian 5 per Cent ....
Ditto Account
SPalliFh 3 per Cent
Ditto Account
_—
...... 531
Ditto New Deferred
Ditto Account
Ditto Passive ..
Ditto Account 321 3
Spanish Cert. of Coup not funded .. l3l
, ihtto Account
rediah 4 per Cent
Tur&isit '6
per Cent. 1854 —
Lit-to Account
Ditto 6 per Cent. 1358
Ditto Account
Ditto., £lOO Bonds —
Ditto 6 per Cent. 1862 .
Di4,t,c, Account ......
Ditto 6 per Cent. 1863
, tmezue la 3 per Cent.
~itte Account 23/
eft() 6 per Cent , 1862 ..
-tiitto Account . .. 54
butch,23)iividends on the above payable in London.
per Cent., Ex. 12 Guil
Ditto 4 per Cent. Certificates
French Itentes, 41 per Cent., Ex. 25f —
it:Otto Account
tittntot:
A 5
cpceorunCtent., 1861, Ex. 25 francs —
--
Scrip (1863) . £42 Bs. 3d. paid — Pm

Console TWO O'CLOCK.,
M, None .. 904 1
Etc Account

T,
So d course of exchange at New York on London for bills at
~,,
i aYs Bight is 166 to 166} per cent., and the premium on
Y 4,_ 18 abUUt Sig per coat. At tile.c rates there i. scarcely
statel:rcfit on the importation of gold from the United