The Sun.
London, England, 1863-05-29 00:00:00

ONEy MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
There is little apparent change in the money
market to-day, but the tendency, if anything, is
rather easier, the inquiries being moderate, while
the available supplies are considerable.

The arrivals of specie announced to. day comprise
£479,020 by the Tasmanian from the West Indies ;
£92,000 by the City of Washington, from New
York ; and £1,900 by the Cambrian, from the Cape
of Good Hope.
The directors of the Bank of British North Ame-
rica have published their report, which is to be pre-
sented at the forthcoming annual meeting. They
express regret at the continuance of the civil
war in America, which necessarily exercises
an unfavourable influence upon the commer-
ciral relations between the United States and
the British provinces. At present, they state, there
is no revival of the demand for manufactured lumber,
which formed so important an article of trade in
Western Canada. Under these circumstances, the
manner in which the British provinces have sus-
tained their commercial credit ie adverted to with
much gratification. The statement of accounts
shows a net profit for the year 1862, after providing
for bad and doubtful debts, of £61,632, out of which
amount the directors declared a half-yearly dividend
payable on and after the 6th of July next, at the
rate of 6 per cent. per annum, free of income-tax,
leaving the sum of £1,632 to be added to the rest
or balance of undivided profit, which, including
that addition, amounted, on 31st December, 1862,
to £128,610, after providing for the dividend that
was paid in January last.
On the Dutch Rhenish Railway the receipts for
the fortnight ending May 15, 1863, amounted to
£7,743 ss. ltd., and for the corresponding period
of last year, £7,656 4s. 31d., showing an increase
of £B7 Os. 10d. in favour of the present year.
During the last few days there has been rather
more animation in the Foreign and Colonial Pro-
duce Markets. In tea, however, dealings have
been suspended until the public sales, which take
place on June 2. Sugars have maintained previous
rates, while coffee has slightly declined. Rice, fruit,
and spices have been without material change, while
a heavy tone has prevailed in the tallow market,
quotations for both present and future delivery
exhibiting a downward tendency,
A new undertaking, novel in its kind only from
the fact of its being intended for the benefit of the
middle instead of the higher class of society, has
been announced under the name of " The Residen-
tial Clubs Company," The directors propose to
erect suitable edifices both in London and the
suburbs—the latter to be easy of access
by rail and by road, and each building
is to contain a sufficient number of chambers,
dining, reception, and reading rooms, with baths
and other conveniences. The suburban houses are
to be surrounded by gardens, cricket, and archery
grounds, and it would appear from the prospectus
that the attention of the managers will be
especially directed to the interest of persons
of limited income, and one of the chief
features of these clubs will, therefore, be a fixed
moderate tariff, and a table d'hote served at separate
hours. A laundry upon an economical footing is
also to be established, and bye-laws for the regula-
tion and good order of the establishment are to be
published by the council. The great advantages
which the public will derive from the operations
of the company are certainly not chimerical, and
the anticipations formed that it will be a profitable
investment are not altogether delusive. The nominal
capital is fixed at £130,000, the first issue of which
is to comprise half that amount in shares of £5 each.

Two O'CLOCK.
At Paris this morning, according to Mr. Reuter's
telegram, the French 3 per Cent. Rentes were
69f. 35c.—inanimate.
The Funds are still very dull, but the quotations
are well maintained. Consols being quoted 931
for money, and 92k 1, less the dividend, for the
account. There is no alteration in the New Threes
and Reduced Annuities. Exchequer Bills are 4s.
discount. India Stock is marked 232. India 5 per
Cents, are 1101 ;the 5
per Cent. Enfaced, 1061, and
the Debentures 100.
In the Foreign Market general buoyancy is ap-
parent, and business is rather active. Turkish 6
per Cents., 1862, 721 ; do., Consolides, 521 ;
Greek, 334- f-, ; do., Coupons 14* 15 ; Portuguese,
491 ; Venezuelan, 55 57 ; Spanish Passive 33i 4f;
do., Certificates 1.2 Z a; Granada 16.1 17; do., De-
ferred 10; Me:dcan 352 d ; and the Confederate
Loan 2 to 1
In the Zailway Share Market more activity has
prevailed, and a further advance has taken place in
prices. Caledonian and South-Eastern have im-
proved ss. ; Great Western, London, Chatham, and
Dover, and South- Western, 10s.; North-Western,
15s. ; and Midland, £l.
The Foreign and Colonial undertakings remain
without any material variation. Paris and Lyons
realise 413 ; East Indian have improved to 1091 /I
and Great Indian Peninsula to 110*.
Joint-Stock Bank and Miscellaneous Shares
pr
exhibit increased buoyancy. City Bank have im-
tra proved to 113 116 ; English, Scottish, and Aus-
lian Chartered to 221 8 ; London and County to
431 44 ; and Standard of British South Africa to
17. Crystal Palace Stock is firm at 35,1; and Penin-
sular and Oriental Steam New Shares at 47.

----
BRITISH FUNDS—CLOSING PRICES.
Bank Stock ........ . ........
3 per Cent. Reduced Annuitie5................. 911- I i
3 per Cent. Consols Annuities .......... 93k 1 i
New 3 per Cent. Annuities •
............ sq i
Annuities, 30 yrs, expire 6th Jan., 1880..
Ditto for 30 yrs expire sth A.pril, 1885.
New 2i per Cent:Annuities... .........
India Stock •.
232
Ditto 5 per Cent ................... 110}
Ditto Enfed Paper 4 per Cent.......... 961 7
Ditto 5 pears Cent .. 2..,.... ............ 106 f
Ditto Debenturdesiit: per ut., Oct, 1863 100
Ditto
April, 1864 100
Ditto Bonds £l,OOO
Ditto Rnder £1,0'50 ........ ...........
--
Consol's for Acctamt, June. 9 ....... ....
....
1.,
Ezeb equer Bills, £l,OOO 21 per . C ..... ..
: ..
: ,912 die
Ditto £5OO .... ............ 18
4 d*
Ditto Small. ....................... 4 dis
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent ........
Ditto 41 per Cent., 1852-58-60 ...... 95/
Buenos Ayres 6 per Cent
Ditto Account 96
Chilian 6 per Cent
Ditto 41 per Cent.
Egyptian 7 per Cent 99k
Greek 5 per Cent., 1824-5, ex-Coupons 321
Ditto Account 33k i i
Ditto Coupons
15 14k 15
Italian 5 per Cent. (Maremmana Railway) 81 80/
Mexican 3 per Cent ....
Ditto Account..
351 1 kail
New Granada . . ................
161 17
-Ditto 2 per Cent..
Ditto Deferrd ........... .................
PDitto Land Warrant; (Hectares) ... .
eruvian 41 per Cent. .......... ,
Ditto 41 per Cent, 1862
bitto Account
Portuguese 3 per Cent., 1853
Ditto Account.
Ditto 3 per Cent., 1856, '7, '9, '6O, 62 6O 491 i
Ditto Account
Russian 5 per Cent., 1822, £ St .
Ditto 41 per Cent., 1850
Ditto 3 per Cent., 1859
Ditto 5 per Cont., 1862
... —
Sardinian 5 per Cent
Spanish 3 per Cent
ditto Account
Ditto New Deferred . .
Ditto Passive
334 4i 4
Ditto Aecount ...
......
Spanish Cert. of Coup not funded Turkish 6 per Cent. 1854
Ditto Aunt, . .• •
Ditto 6 per Cent: 1858
7:1 70
Ditto Account .
Ditto, £lOO Bond; .... . ..............
74
DittDitto 6 per Cent. 1862 ..... 72 11 2/
o Account .... . . :
Ditto Guaranteed, 4. .e; ..
.n.
Venezuela, 3 per Cent P et.
Ditto Account
Ditto 6 per Cent., 1862 -
24s
Ditto 11 per Cent .. .
Dividends on the above... . payable in London.
Ditto 21 per Cent., Ex. 12 Gni' .. (15.111 n' Ditto 4 per Cent. Certificates . ...“
Italian, 5 per Cent., 1861, Ex. 25 fia"ne's ....
Ditto Account..
Consols, Money ................THREE O'CLOCK.
931 a .
Ditto Account
......... .......... 921 fxd

FREEMASONS%IIALL COMPETITION.--The follow-
ing architects have been selected to receive the prizes :
No. 1, £l5O, A. Carpenter, L'Union fait la force•;"
2,,£10t', Edward Barry, A.R.A., " Stability ;" 3, £5O
s. R. Dawket, " Experientia3. ,