The Sun.
London, England, 1863-07-03 00:00:00

COMMERCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.

A moderate amount of business is reported in the
discount market, but the demand is quieter than
it was early in the week, and the supply of money
is a little larger. The rates, however, continue
firm.

Important alterations are shown in the Bank of
England return, completed to Wednesday last, but
the principal is a considerable increase in the loan
and di-count operations of the establishment, con-
sequent upon the usual advances made at this period
of the quarter. The following table shows the
principal variations :

fictive Circulation .. • •
increase .. .. • •
Increase • .. • •
Rest ••
Increase .. •• • •
Public Deposits •• ••
Increase .. • • • •
Other Deposits.. • • • •
Increase .. • • • •
Seven Day and other Bills ..
Increase .. • • • •
Government Securities
Decrease .. • • • •
Other Securities •• ••

.. £21,140,156
.. 1,153,166
.. 15,080,277
• • 54,159
3,200,918
33,055
.. 10,356,373
77,320
• •
.. 16,274,739
.. 2,469,743
.. 598 606
.. 59,931
.. 11,050,279
.. 201,116
.. 25,343,236

Increase .. .. • • • • 3,935,'72
Notes Unemployed .. 7,734,210
Decrease .. .. 1,055,290
A further sum of £40,000 in gold was taken into
the Bank yesterday.
The Aboukir has arrived from New Zealand with
£122,024.

The prospectus has appeared of the Hudson's Bay
Company, brought forward under the auspices of the
International Financial Society. This old company,
which possesses a royal charter granted by Charles
ll.,holds the exclusive right over a tarritory,in North
America, comprising as many as 1,400,000 square
miles. This right it has hitherto used for the
purpose of trading with the natives for furs, and
under its new reorganisation it proposes to extend
its former operations, and to open up its southern
districts to European colonisation under a liberal
system of land settlement. The home, as
well as the Governments of Canada, Van-
couver's Island, and British Columbia, are
desirous of providing means for telegraphic com-
munication across the company's territory, so as to
connect the Atlantic and Pacific Oceans, and in
furtherance of this object they offer a guaranteed
interest and grants of Crown property. It will
thus be seen that the new company's prospects of
success will be far greater than could ever have been
'contemplated years ago by its predecessors. The
capital offered to the public is £1,930,000, which is
to be raised by shares of £2O each, and a preference
in the allotment is to be given to the holders of stock
in the two companies, viz., the Old Hudson's Bay and
the International Financial. Subscribers will be en-
titled to an interest corresponding to the amount of
their subscription in the assets of the Hudson Bay
Company valued at £1,023,569 in the landed terri-
tory, and in a cash balance of £370,000. As an
illustration of the manner in which the scheme has
been received by the public, it may be remembered
that the Duke of Newcastle referred to the project
last evening in favourable terms, when introducing
the British Columbia Boundaries Bill, and it was
also favourably alluded to by several other mem-
bers. At the Stock Exchange this morning the
shares are quoted 21 1 prem.
At the yearly meeting to day of the London Dock
Company, Mr. C. J. Manning in the chair, the re-
port stated that the profit and loss account showed
tt. balance of £204,375, out of which it was recom-
mended to pay a dividend of £1 78 6d. per cent.,
amounting to £52,482 for the six months. It was
Istated by the chairman that negotiations were in
progress for the amalgamation of the company with
the St. Katherine's Dock Company, on a basis of
perfect equality.
The amount of specie to be taken out by the
Pera, which leaves to-morrow with the India and
China mails is £100,743.
At Paris this morning, according to Mr. Reuter's
telegram, the French 3 per Cent. Rentes were
heavy at 68f. 55c. Inanimate.
The English Stook Market continues quiet, and
the few transactions for transfer and on speculation
produce very little effect upon prices, Consols re-
maining at 92 k for transfer, and at 928 for ac-
count. The New Threes and Reduced are 91* 92 ;
India 5 per Cents., 1081 ; ditto 5 per Cent. En
faced, 107 1; Ditto 51 per Cent., 1161; and Ex-
chequer Bills 4s. dis. to per.
The Foreign Market to-day presents a dull and
tolerably steady appearance. Turkish 6 per Cents.,
1862, are 67Z- 68 ; do. Consolides, 509 a ; Mexican,
.361 37 ; Greek, 34Z 358 ; do. Coupons, 163 1;
Spanish Passive, 331 34; do. Certificates, 121 13 ;
Russian, 921 931 ; Venezuelan New Loan, 2 to 1
die.; and the Confederate Loan, 14 to -4 die.
In the Railway Share Market the operations have
been very limited, and prices have shown little
change of importance. North Eastern (Berwick)
have improved 55., while Lancashire and Yorkshire
and London and South Western have declined ss.
The Foreign and Colonial undertakings have been
inactive, at about previous quotations.
Joint Stock Bank and Miscellaneous Shares are
fiat. London and Westminster have declined to
791 ; Crystal Palace Stock to 371 ; and Royal Mail
Steam to 671 ; International Financial Shares are
quoted 5 Bprem,; London Financial, 18 I prem.;
Egyptian Trading Company, s le prem. ; General
Credit Company, 1; Z prem. ; and Hudson Bay
Company, 1: a prem.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock
236 41 5
3 per Cent. Deduced Annuities
3 per Cent. Consols Annuities 92 /
New 3 pcir Cent. Annuities 9ll 2
New V, per Cent. Annuities
Anni:aties, 30 yrs, expire Bth Jan., 1880 —
D'Ato for 30 yrs, expire sth April, 1885.
Ditto (Red Sea Telegraph), Aug. 1908.
India Stock
Ditto 5 per Cent
Ditto Effaced Paper, 4 per Cent —
Ditto t
ip
perer Cent
Cent
1161 16 /
Dittri Debentures, 4 per Ct., Oct., 1863 100/
Ditto ditto April, 1864 100,E
Ditto ditto Aug. 1864 or 66 100/
Ditt,, Bonds £Lie,o
Ditto under £1,000..
India Stock for Account, 5 per Cent....
Consols for Account, July 9 92/
March June
Ezclequer Bills, £l,OOO 21 per Cent 4 dis
Ditto £500
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
•
Brazili-an 5 per Cent
Ditto, 1839 and 1859
„ Ditto 41 per Cent., 1852-68-60
44tienos Ayres 6 per Cent —
• Ditto Account
allits,„ h 4 per Cent., 1863
uitte, £lOO Bonds
Eg-vptian 7 per Cent
Ditto. Second Issueloll 1
Greek 5 per Cent., 1824-5, ex-Coupons —
Ditto Account.
.., Ditto Con n
_ DiltetoanA3oepo
16* 1
AtFl,lin 6 P? 5
per Cent .... .....
.....ex. per Cent. (Maremmana Railway) 78 71
Ditto to
.New Grened
Ditto 2 a
per Cent.
Landferred
pepruitvitltn,, Warrants (Hectares) 9/
ijitir cent. .......... ,
.ILussian 6 per e_ 1862
Ditto 5 per eV., 1822, £ St
ee'llt 8.62
Sardinian 5 per
Ditto Account
Ditto Account..,, :
Ditto New Deferred
uitto Account -
48/
Ditto Passive ..................
......... ....111
......12/
Ditto Account
Svanish Cert. of Coup not funded .
........- 31321 I
Ditto Account .......
l'urkish 6 per Cent. 1854
Ditto Account .................... 2, ~
Ditto 6 per Cent. 1858 .............. .2 '
Ditto Account
701 / 70
Ditto £lOO Bonds..
Ditto 6 per Cent. 1862
Ditto Account .. 671 87 4,
Ditto Guaranteed, 4 per Cent.
Venezuela, 3 per Cent
Ditto 6 per Cent., 1862
Ditto Account 57
Dividends on the above payable in London.
/ Winn, 5 per Cent., 1861, Ex. 25 francs —
Ditto Account 7O
Ditto Scrip, 1863, £l44s. paid .. g 1 pm
THREE 0' CLOCR,
Consols, Money
Oitto Account