The Sun.
London, England, 1863-08-25 00:00:00

ONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
The indications of greater easiness, noticed yes-
terday in discount circles, have been confirmed this
morning by the general tone of business. The
mercantile public are now enabled to obtain, with-
out the slightest difficulty, the negotiation of three
Months' bills per cent. under the official rate of
the Bank of England.
During the last few days there has been rather
more activity in the Foreign and Colonial Produce
Markets. Sugar has fully sustained the late ad-
Tasee, while there has been a fair demand for
Coffee, Cocci,
and tea, at previous quotations. Rice,
however, has been dull and rather cheaper. In-
creased depression has prevailed in the tallow mar-
ket, and but little business has been transacted
either for present or forward delivery.
The amount of gold taken into the Bank of Eng-
land yesterday was £25,000.
The closing prices of the Paris Bourse yesterday
afternoon were 671. 60c. for money and account,
showing great steadiness.
A special' settlement in the shares of the Com-
pany of African Merchants has been appointed by
the Committee of the Stock Exchange to take place
on the 31st inst., after which the transactions will
be officially marked:
Me, 'William Vaughan Morgan has been elected
a director of the English and Irish Bank, vice Mr.
Z. J. Blumenthal, resigned.
The Submarine Telegraph Company held its half-
yearly meeting today. Sir James Carmichael,
Bart., in the chair. The report submitted for adop-
tion stated—

That the accounts for the past six months showed an
increase in the receipts over those of the corresponding
period of 1862. During the past half-year 160,404 mes-
sages had been transmitted over the company's wires,
against 137,714 for the corresponding months of 1862, show-
ing an increase of 22,690 messages; while the receipts,
for such messages had been £22,144 2s 81d,
which, compared with £18,517 183 81d for the half-year
ending 30th June, 1862, exhibited an increase of £3,626 49.
Tho proportion of the earnings belonging to this company,
after deducting the working expenses, the repairs of cables
and 10 per cent, on the gross receipts for the reserve fund,
amounted to £6,817 18s 41d, and there remained, after de-
duction of £2,209 14s 7d for interest on debenture and loans,
&c., a sum of £4,638 3s 91d, from which the directors re-
commended a dividend at the rate of 4 per cent. per annum,
carrying over a balance of £45 14s 7/d to the current
account, The allotment of the unissued stock as autho •
rised by the extraordinary meeting, held on the 21st
of April, was well received by the shareholders, and the
applications exceeded the amount to be allotted by upwards
of £12,000. This measure had enabled the directors to pay
off all loans, and further empowered them to issue deben-
tures to the additional amount of £17,688 6s Bd. The total
amount of debentures now unissued was £34,008 6s Bd,
which would become available fer the reserve fund after
the balance of £5,663 6s 8d had been repaid to revenue.
Theouthav
outlay for
or repairs of cables had unfortunalely been un-
usuallyAt the present moment, however, all the
company's lines were in good working order."

Two O'CLOCK.
At Paris, this day, according to Mr. Reuter's
telegram, the French 3 per Cent. Renters were
671. 67e,

Dulness, combined with remarkable steadiness
in quotations, is still the leading feature of the mar-
ket for the English Funds. No attempt is made to
l'e"ive speculation, and the investing classes are
°Aerating to a limited extent. Consols are never-
t_heless firm at 93,1 for transfer, and 93-1- for account.
Transactions have taken place in the New Threes
and Reduced Annuiths, at 931 I ; Exchequer Bills
are is. dis. to 2s. prem.; and Bank Stock is 2388 ;
Indian Stock has been 224 226; the 5 per Cents.
have brought 108 i ; Enfaced 5 per Cents., 1677, ;
(I°' €ll per Cents., 461; and the Debentures, 10011.
The transactions to-day in the Foreign market
exhibit symptoms of slight activity. Turkish Con-
solides have improved about to 50; 51k;
the Loan of 1834 has realised 931 ; do., 1858, is
I"trer at 72.-1, but do., 1862, indicates firmness at
,691 ; Spanish 3 per Cents. remain at 541- ; the
l'assive Bonds have advanced to 3411 ;
the Internal ditto continue without alteration at
271 4 ; and the Certificates are buoyant at 124. •
The Confederate Loan has declined abouti per cent.,
the quotations being 24 22 die. ; Mexican are a
little higher at 38k 1 ; Greek Bonds have
fallen to 331 34; and the Coupons to 15-a 16i;
Portuguese Bonds of 1856-62 continue steady, at
434 ; and Russian 5 per Cents., 1862, show little
alteration at 921; Venezuelan 6 per Cents, remain
St 671.
The
dealings in the Rai:way Share Market have
not been very extensive, but a firmer tone has pre-
vailed, Caledonian, Lancashire and Yorkshire,
timichester, Sheffield, and Lincoln, and Midland
declined
each improved Sc., while North Western have
ec-bli4ed Ss., and London and Blackwall 15s.
Or the Foreign and Colonial undertakings there
1.114a11,8. been a very limited inquiry, but prices gene-1
Y area shade higher. Great Luxembourg are 1
;
quoted 141 t
n Turin and Savona, 2! ; Great West-
-1081 Canada, 107, ; East Indian have advanced to
7; and Bombay and Baroda to 1071 108.
ftlii:uk and Miscellaneous Shares in most instances
atn tillaintain previous quotations. Crystal Palace
itt-ir,r°ved ever, however, receded ac., and Electric Telegraph
t',

BRITISII FUNDS—ONE
238 i
Bank Sto
******
3 ..................
931
~ Per Cent. Reduced Annuities
934 i
' Per Cent C • • O'CLOCK.
~._ • oasols Annuities
93i i I
;?, per Cent. Annuities
e 2i per Cent. Annuities.. • .
Di f
~,,PLietir.utt.3A-tlauities
ril 1885 —
India--
Ditto or 30 yrs, expire sth Ap 9
, 0 yrs, expire 6th J an.,
Dttno (Red Sea T 1 rah) Aug' 19- /58. —24 6
Stock .. "g
. It •'
5 pet C ... .....
•
itto Enlaced P 4 per Cent ..
IG7a
Ditto 5 apex',
,1. per Cent ............
1161
—l.'t° Of per Cent
Ditto Debentures, 4 per Ct., Oct.) 1863
Ditto
Ditto ditto April, 1864 —_ _
itto ditto 864 or 66 1001
bonds £l,OOO Aug.'.
Rank Ditto under £l,OOO l6 pm
....018att?oerkAfocrcoAucncto,uSnetpt, 9
la.G" St°elt ler Account, 6 per Cent —
June,
March,
21 per Cent.
per Cent.
IclierPter Bills, £l,OOO .. 1 dis 2pm
Ditto Srnall ........ :: 1 2pm
4500 1 dis
I 2pm
EFOREIGINT FtrxDls_diosN O'CLOCK,
Austrian Bonds, 5 per C .. 85
-EgYptian 7 pet Cent .. ent
...... 104/
Greek Ditto, Second Issue :. : .............
5 per Cent 1824 ... . .ea-Con
.. 74 .11
Ditto per
. ..'•
-
t at° c
oupous ....... , iLt z uz
Ditto Account
....
..."*"" ••• • • • ''': 164 a 15A 16
Dalian 5 per Cent. Clvia;eut.m. a. 0...a.R..a.i ........
111exican 3 per Cent ..
Ditto Account ..................
38a i
pi.ial , ..... „.............
ziivicztain.:o_ 6 per Cent ..........
xi 2
I:),E:r.6,:t.ii. ...................
Ditto Deferred .. . ..................
s
Ditto Land Wati-'4,:t** .........
perui„ 3 per uent. (hectares),.....
DiDitto 4i per Cent .
, 18.62. ............
tto Account ...•. . ............ Portuguese 3 per
en't., •.
I..ii .......... 85; 64
Ditto Account
~
................
DDitto 3 per Cent., 1.850, '7, ;g: :6,; .. ! ..
itto Account, ......... u) 62._
Russian 5 per Cent., 1822 g. •• 481 a
Ditto 41 per Cent 1850;.£............ ...._
Ditto 3 per Cent., 1859 .. --
Ditto 5 per Cent. 1862 ................ 94
5 per
t(:ent .................... ---
ST/ditintoianAccoun . ..................
Spanish 3 per Cent .................. Ditto Account ...................... 51 i
Deferred ................
Ditto New Deferred
...................... Ditto Passive AP-accsosive ...................................
34 4
Ditto Account ... ....
not.. funded' ..... . --
Spanish Cert. of Loup
Ditto Account
Turkish 6 per Cent. 1854 —
Ditto Account.. 93/
n ,n
Ditto 6 per Cent. Im6
Ditto Account
Ditto,
I.:100 Bonds
Ditto 6 per Cent. 1562
Ditto Account
veDitto Guaranteed, 4 per Cent
11eznela 3Cent.
..
bitto per
bit,_ Account
7
Ilti',' IPer Cent., 1862
,71
1), ecount
Belgian 4
osf. ........
"4,lenda on the above
.outeh 21 Perr3err, Cent., Ex• ,
~
.......
1)33-able in London.
Ditto i NI. ett.,Gun .
French Rentes,
Italian,
5 per.ceeatt!lt.erlecsret,inlfi:cLatEesx..2st.
.. _170124
Ditto Account .. .
7ia....
,cLocK.
Two 0
.... x. 2a francs
Cansols, Money ..
Ditto
Acec,,u4
..................
9,3,
t ................. I" 4