The Sun.
London, England, 1863-01-16 00:00:00

ONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
The Bank of France has raised its rate of inte-
rest and discount from 4to 5 per cent. This mea-
sure was to a large extent anticipated, and its an-
nouncement yesterday afternoon consequently
created no surprise in monetary and commercial
circles.

There is less demand for discount accommodation
to-day, owing to the large extent to which the mer-
cantile classes have already supplied themselves.
The market is also a little easier, and first class bills
are negotiable at 31Z- per cent. It is generally ex-
pected in discount circles that further concessions
Will be made in the course of the next few days.

Subjoined is our usual analysis of the Bark of
England for the week ending Wednesday last

Active Circulation .. £20,286,805
Increase 58,395
Bullion .. • • • • • • • . 14,102,169
Decrease . . • • . . . . 133,385
Rest .. • . • • • . . 3,194,883
Increase .. 45,204
Public Deposits • • • • . . 4,280. 730
Decrease .. 4,502,078
Other Deposits.. .. . • 16,772,782
Increase .. 2,379,474
Seven Day and other Bills .. 732,044
Increase .. • 30,461
Government Securities 10,871,348
Decrease 761,500
Other Securities .. 20,196,727
Decrease .. ..
690,658
Notes Unemployed 7,601,370
Decrease .. • • 606,400
During the last few days the operations in the
Foreign and Colonial Produce Markets have con-
tinued moderately active. Tea has maintained
Previous prices, while in sugar, coffee, and cocoa the
operations have been limited. Rice has continued
in steady request at about former quotations, while
in fruit and spices there were operations to an ave-
rage extent without any material change in prices.
Tallow has been in good demand at full quotations
for both present and fature delivery.
It has been unanimously resolved by the directors
of the Bank of Australasia that branches shall be
opened in New Zealand, and further capital will be
called up under the power of the charter.
Vancouver's Island Six per Cent. Government de-
bentures for £40,000, secured as a first charge on
the general revenues of the colony, with a sinking
fund of 4 per cent. per annum, were also offered by
the Crown agents at the same time. The total
amount tendered was 126,300 at prices varying
from £lOO to £lO7 17s. 11d. The minimum fixed
before the opening was 1031 and the amount dis-
posed of was £6,200, at an average premium 'of
£6 12s. per cent. The Cro gvn agents declared their
willingness to allot the balance pro rata among the
unsuecessful applicants, provided they made the
necessary intimation before 1 p.m. to-day.
At the forthcoming meeting-of the National Dis-
count Company a dividend will be proposed at the
increased rate of 8 per cent. per annum-
Tenders were opened yesterday-at the offices of
the Agents-General for Crown Colonies for 6 per
Cent. Debentures for £29,500, having 30 years to
run, issued under the authority of the Government
of the Cape of Good Hope, and secured on the gene-
ral revenues of that colony. The biddings amounted
altogether to £153,100, and the prices at which the
loan was taken 'ranged from £lO9 7s. 6d. to £lll
14e. ; the reserve price was £lO7 10s.

Two O'CLOCK.
The Liverpool cotton market to-day was quiet,
and rates easier ; sales about 5,000 bales.
The Three per Cent. Rentes opened to-day, at
Paris, at 69f. 80c., being sc. lower than yesterday.
There has been no alteration to-day in the market
for the English Funds, Consols being 924 for trans-
fer, and 921 / for the sth proximo. There is very
little business in progress, because speculators do
not
,seem inclined to extend their engagements,
While the investing classes are also keeping aloof.
The New Three per Cents. and the Reduc,d re-
Inain at 92-a 4; Exchequer Bills have declined to
es. and 10s. prem. ; Bank Stock is 235 and 237;
and India 5 per Cent. Loan 1121.
Rather more firmness is perceptible in the Foreign
Market, but business is quiet. Turkish 6 per Cents.,
1854, are 70/ a ; ditto, 1862, 66; 67;; and the
Consolides have risen to 40/ 1. Spanish Passive
have improved to 241 4 ; ditto, Certificates, to 91 1();
Greek, 164 ; Brazilian, 102 ; Chilian, 49 per Cents.,
84; Egyptian, 95; Peruvian New Loan, 88k ;
Portuguese; ditto, 46/ 47 ; Ru:Aian, ditto, 96; and
Venezuelan, ditto, 62.

Business in the Railway Share Market continued
very dull, and prices were without material varia-
tion, Great Western, and South Eastern im-
proved about 55., and London and Brighton, 108.
The Foreign and Colonial undertakings re-
tonined inactive at about previous quotations.
Great Luxembourg brought 14-1 ; Recife and San
Francisco, 19; East Indian improved to 1074 ;
and Great Indian Peninsula to 1061.
Joint Stock. Bank and Miscellaneous Shares
continued inactive at barely previous rates.

BRITISH FUNDS--CLOSING PRICES.
Lank Stock
•
235 7
3 per Cent. Reduced Annuities
New.... 3 per Cent. Consols Annuities ...
3 per Cent. Annuities
New 2
per Cent. Annuities...
Annuities, 30 yrs, expire sth Jan.,
, Ditto for 30 yrs, expire sth April, 1885. 15 3-16 1-16
In Stock
Ditto 5 per Cent:
Ditte Enfaced PaerloBl
4
Ditto 5 Cnt p ,per Cent
Ditto er
Debentures,
Ditto ditto April, 1864 100/
DDitto LiondA ELOUD. . .
itto under £l,OOO . . . .. .. .. . . .
Exchesiuer Bills, LlOOO, 21 per Cent 6 1024
DDitto ' £500
itto Small ...................... .....

FOREIGN FUNDS--CLOSING PRICES.
13razilian 5 per Cent ....
Ditto, 1839 and 1859
Ditto 41 per Cent., 1852-58-60
Chi lian 6 per Cent.
Ditto 41 per Cent ... 84 1
gPptian 7 pez Cent 95
Greek 5 per Cent., 1824-5, ex-Coup
ms l6l
•Lalian 5 per Cent. (Mareznmana Railway) 721
Mexican 3 per Cent
New Account 32/
Ziew Granada 2 per Cent —
b iir Di
vian 41 ptto ex over Center-due Coups. & Hectares 12/
4 Ditto
Ditto Account . -.1862
47
Portuguese 3 per Cent., 1853
4 Ditto Account
Ditto 1862
AtUsaian 5 per Cent., 1822, £ St --
Ditto 41 per Cent., 1850
5 per Cent. 1862 96
Ditto Scrip, £,56 Bs. paid ll pm
Sardinian 6 per Cent.
Ditto Account.... -
'PailiPh 3 per Cent— Ditto Account
Ditto New Deferred ' • 46
Ditto Account
241 1
Spanish Cert. ofCoup not funded
Turkish 6 per Cent. 1851 .
Ditto 6 per Cent. 1858
Ditto Account.. ...
Ditto 6 per Cent. 1862.
Ditto Account. ..................... 67
Venezuela, 3 per Cent
Ditto Account ....... 5 4
24
:_ Ditto 6 per Cent., 1862 62
Dividends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. 25f —
Ditto Account..
THREE O'CLOCK.
1 Consols, Money
921 i
Ditto Account