The Sun.
London, England, 1863-04-07 00:00:00

: ONE Y MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK,

The Money Market exhibited a less active ap-
pearance this morning, the requirements of the
commercial public having been somewhat abated.
First class three months' calls have been negotiated
at 31 per cent., although 3; should be quoted as the
general rate.
About £lll,OOO in gold was purchased by the
B ink authorities yesterday.
Business in the Foreign and Colonial Produce
Markets during the last few days has been inter-
rupted by the Easter holidays. In the private
mat ket, however, prices generally have experienced
no material variation.

Two O'CLOCK.
At the Paris Bourse this day, accolding to Mr.
Rkuter's telegram, the 3 per Cent. Rentes were
691. 85c.—Firm.

The English Stock Mat ket this morning continues
inactive, and prices are generally heavy. The
attention of the dealers has been chiefly directed to
rse
the foreign departments, and the operations in the
feuds have consequently been on a most limited
scale. Consols are 921 fl for money, and 928 1 for
the Maysettlement. The New Threes and Reduced
Annuities are heavy at 901 91 ; the New Two and
a Half per Cents, have been dealt in at 76; and
the 30 Years' Annuities at 148 13-16ths ; the India
5 per Cent. Loan is dealt in at 1081 9 ; and the 5 '
per Cent. Enlaced Paper has improved to 107.1, 1;
Exchequer Bills continue at ss. to 2s. dis.
In the Foreign Market this morning a large
business has been transacted. Grenada Bonds have
risen to 151; the New 2 per Cents. to 331 a; the
Deferred to 81 ; do. Land Warrants to 61 71-;
Gye,-1. to 281 29 ; do. Coupons to 131 4 ; Mexican
to 331 ; Turkish Consolides to 491 d ; Old Turkish
6 per Cents, are 901; do., 1858, 681 Q ; do., 1862,
69 1; Venezuelan, 60 1 ; Italian, 71,1 ; do. New
Scrip 11 1 prem ; Spanish Deferred, 461 47 ; do,
Passive, 24: do- c'e”tifie..es, 101; Portuguese,
471 49 ; . Peruvian, 871 88 ; Russian, 951 964;
Egyptian; 971 98.
The Confederate Loan, after being 4 to 3 dis, has
risen to la to 1 dis.
Business in the Railway Share Market has been
.rather inactive, but a firmer tone has prevailed.
Great Eesterns, South-Westerns, Midlands, and
South-Easterns have each improved about 55., while -
North-Eastern (Berwick) have declined 10s.
The Foreign and Colonial lines remain without
material alteration, Dutch Rhenish being dealt in u
at 161 17 ; Great Luxembourg at 151; South ati
Austrian and Lombardo-Venetian have improved `4
to 241; East Indian to 1081 109; Cape Town and
Dock. to 107; Grand Trunk of Canada receded to
20; and Schick Delhi Stock to 1061.
Joint-Stock Bank and Miscellaneous Shares are itj
in some instant. s rather firmer. Bank of Egypt
have improved to 31 and 311 ; London and South st
African to 27/ ; London and Westminster declined eta
to 771; and Peninsular and Oriental Steam to 771.1 8.

BRITISH FUNDS—ONE O'CLOCK. lili
Bank Stock ... 234.3 5. x d li
3 per Cent. Reduced Annuities • 9l 901 ti
3 per Cent. Consols Annuities ..
New 3 per Cent. Annuities
New 21 per Cent. Annuities....
~..linuities, 30 yrs, expire sth Jan., 1880..
Dili() for 30 yrs, expire sth April, 1885. 141 13-16
India Stock —
Ditto 5 per Cent
Ditto EnfaCed Paper, 4 per Cent ..
Ditto 5 per Cent
Consols for Account, April 8 921 /
ndia Stock tor Account, 6 per Cent lOB/
Exchequer Bills, £l,OOO 21 per Cent 2 5
Ditto £5OO
Ditto Small 2 5
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent
.. .
Ditto 41 per Cent., 1852-58-60
Buenos Ayrea 6 per Cent
Ditto 1 per Cent. (Deferred 3 per Cent ) 39
Danish 4 per Cent. (1850 & 1861)
Egyptian 7 per Cent 971 8
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coupms., 201
Ditto A rleonnt,
Ditto Coupons
I al iati 5 per Cent. (;tlaremmana Railway) 721
Mexican 3 per Cent
Ditto Account
li,:w Granada
Ditto Deferred 8 1 1
Ditto Land Warrants (Hectares) ., 7t
PJruvian 41 per Cent.
Ditto 1862
Ditto Account. B7l
Portuguese 3 per Cent., 1853
Ditto Account
Ditt9 1862
Russian 5 per Cent., 1822, £ St —
Ditto 3 per Cent., 1859.
Ditto 5 per Cent., 1862
Spanish 3-per Cent
, ....
Dittp Account
Ditto N'ew Deferred . .
Ditto Account
I ii to Paszsie
• •
Spanish Cert: of Coup not funded
Turkish 6 per Cent. 1854
Ditto Account
Ditto 6 per Cent. 1858
i?itto Account
Ditto 6 per *Cent. 18..1'2
Ditto Account
Venezuela, 3 per Cent
Ditto Account
Ditto 6 per Cent., 1862
Dividends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. francs —
liitto •Account
.. • 711
TWO O'CLOCK.
•
Consols, Money
Oitto Account 9'i i
May settlement

Liverpool Cotton Market—This Day.

(REUTER'S TELEGRAM.)
Sales about 5,000 bales. Imports 841. Steady.
No change.

The Price of Gold.

The quotation of gold at Paris is about per mille pm., and
the short exchange on London is 25.22} per £1 sterling. On
co►uparing these rates with the English Mint price of £3
17s. 104 d. per ounce for standard gold, it appears that gold is
n arly 2-lithe i er cent. dealer in London than in Paris.
adyices from Hamburg the price of gold is 124 per mark,
and the short exchange on London is 13.51 per £1 sterling.
standard gold at the English Mint price is, therefore, about
5-101118 per cent. dearer in London than in Hamburg
The course of exchange at New York on London for bills at
days' sight is about 171 per cent., and the premium on
gol i is 55 per cent. At these rates there is a profit on the
mportation of gold from the United States.

THE GROWTH OF COTTON IN FRANCE.—It has
bet .n asserted and subsequently denied that the cot-
' ton plant can be cultivated in the South of vrance. The
question appears to be set at rest by MM. Lille, Brothers,
who have addressed a letter to the t yens papers, in which
they sta'e that cotton may be cultivated in France as easily
as tob4co. The only impediment to be apprehended is
heavy rain in autumn, when the crop is fit for picking. In
that case the colour of the cotton and the suppleness of the
fibre arc deteriorated. but it will be still fit for the manufac-
tbre of coarse cloths. The mole of cultivation recommended
is to plough and harrow the ground in the month of
February or March, and then manure the ground in
the proportion of 20 tons to the acre. The manure is
to be ploughed into the ground and left so for a few days,
and the ground then harrowed a second time to prepare it
for the seei, which is to be sown towards the end of April,
in drills, about two inches de, p and three feet apart. A s
cotton seed is slow in striking root it must be steeped in
water fin. 48 hours and then mixed with sand. When dried
in the sun it is to be sown in parcels of 6 grammes weight,
at a distance of 2 ft from each other. taking care to cover
the seed with earth immediately. Should the ground be dry
it ouglit to be watered. When the plants rise to the height of
6 in. they are to receive their first hoeing. When the
plants are 18 in, high they are to be again dressed in the
Canoe manner as beans. Some days after the toi,s of the
plants are to he pinched off, in order that they may strike
out branches. After this period the plants, being strong,
will bear watering if the weather be dry or hot. In order
to 11,, sten the maturity of the plants some of the lower leaves
and the asele.s branches are to be removed towards the end
of August. This precaution is necessary in all countries
where the autumn mils, which usually occur in October,
may injure the crop. The crop ought to be gathered in
dry wcncther, according as the
p ds begin to open, and
th,,y should be immediately deposited in a dry and airy
place