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

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-
eiral 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 is 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 16, 1863, amounted to
£7,743 ss. 10., and for the corresponding period
of last year, £7,656 4s. 3fd., 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 theregula-
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 921 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 Cents, are 1101 ; the 5 per Cent. Enlaced, 106 6 per
1, and
the Debentures 100.

In the Foreign Market general buoyancy is ap-
parent, and business is rather active. Turkish 6
per Cents., 1862, 721 4 ; do., Consolides, 529 ;
Greek, 334-- d ; do., Coupons 1411 15 ; Portuguese,
491 y ; Venezuelan, 55 57 ; Spanish Passive 331 4-I-;
do., Certificates 121 d ; Granada 161 17; do., De-
ferred 10; Mexican 351 ; and the Confederate
loan 2 to 1 dis.
In the Railway 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 414 ; East Indian have improved to 109 ;
and Great Indian Peninsula to 1101. i
Joint-Stock Bank exhibit increased buoyancnd a Miscellaneous Shares
y. City Bank have im-
tralian Chartered to 22proved to 115 116; English, Scottish, and Aus-
f
431 44 ; and I ;London and County to
Standard o f British South Africa to
17. Crystal Palace Stock la firm at 351; an Penin-
sular and Oriental Steam New Shares at 47d

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
................
3 per Cent. Reduced Annuities ........ 91i !'• 4
3 per Cent. Console Annuities .......... 94
New 3 per Cent. Annuities ...... 1 a
...... 91 Annuity-Js, 30 y Irs, expire 6th Jan., 1880.. Ditty, for 30
©W yrs, expire sth April, 1885.
India
N 21 per Cent:Annuities...
Steol ...
939
..................... - -
"Ditte',i per Cent ......... . ... 1101
DittDitto Enfaced Paper 4 . Per. .C ..
t ...
961 7
o 5 per Cent .. .: .. ....!. . ............ 10261
Ditto Debentures, 4 per Ct., Oct., 1863 100
Ditto ditto
Ditto Bonds £l,OOO April' 1864 100
Ditto under £l,OOO .......................
Consols for Account, June 9 ................ ;-21
Exchequer Bills, £l,OOO 21 per C ........ • 4 die
Ditto £5OO ................ 4 die
Ditto Small •
........................ 4 die
FOREIGN FUNDS—CLOSING PRICES,
Brazilian 5 per Cent . Ditto 44 per Cent • • • ..... ---
~ 1852-58-60 ...... 95i
Buenos Ayres 6 tier Cent
Ditto Account
96
Chilian 6 tier (;ent.
Ditto 41 per Cent.
.. • • •—•
Egyptian 7 per Cent
99i
Greek 5 pe',. Cent., 1824-5, ex-Coupons„ 32/
Ditto .A.ccount
331 1
Ditto 'Coupons ...................... 15 144 15
i_taliay. •5 per Cent. (Maremmana Railway) 81 804
ziexi.can 3 per Cent .
354
D'Ato Account ...........
IsTvw Granada . . ▪ 164 17
DiDitto 2 per Cent
tto Deferred • 10
Ditto Land Warrants (Hectares) .... a
Peruvian 44 per Cent. . .
Ditto 41 per Cent, 1862
Ditto Account
Portuguese 3 per Cent., 1853
Ditto Account... -
'6O, 62 5O 491 i
Ditto 3 per Cent., 1856, '7, '9,
Ditto Account —
Etrdsian 5 per Cent., 1822, X St —
Ditto 41 per Cent., 1850
Ditto 3 per Cent., 185.
92 4
Ditto 5 per Cent., 18629 .
Sardinian 6 per Cent
Spanish 3 per Cent
_
Ditto Account
Ditto New Deferred ..
Ditto Pa
salve
•
Ditto Account 331 4k
Spanish Cert. of Co 4
up not funded
Turkish 6 'Ditto Acco perunt Cent. 1854 —
.. .. Ditto 6 per Cent:lBsA
Ditto,
Ditto Account
70!
gioo Bonds
7
!Ditto 6 per Cent. 1864
Ditto Account, • -
Ditto Guarutte ... ..
.4
. per Cent.
Venezuela, 3 per Cent
Ditto Account
-▪
2-41
Ditto 6 per Cent., 1862 .
Ditto 11 per Cent .
Dividends on the above ..
. p.a.;a.l'ale. inLondon.
Ditto 24 per Cent., Ex. 12 Guil .. 65
Ditto 4 per Cent. Certificates
Italian, 5 per Cent., 1861, E. 25 francs t:l4
Ditto Account...
Consols, Money THREE O'CLOCIK.
931
Ditto Account ...............
2 ad

FREEMASONS'-HALL COMPETITION.--The foliOW-
ing architects have been selected to receive the prizes :
No. 19 £l5O, A. Carpenter, " L'Union fait la force',"
,'.411:30, Edward Barry, A.R.A., " Stability ;" 3, £5O,
Dawkes, " Experientite.