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


MONEY 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-
vance, while there has been a fair demand for
coffee, cocca, 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.
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:
Mr. 'William Vaughan Morgan has been elected
a director of the English and Irish Bank, vice Mr.
E. J. Blumenthal, resigned.
The Submarine Telegraph Company held its half-
yearly meeting to-day. 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 :862. During the past half-year 169y401 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 8 id,
which, compared with £18,517 18s Bid for the half-year
ending 30th June, 1862, exhibited an increase of £3,626 4s.
The 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 £6,847 18s 4id, and there remained, after de-
duction of £2,209 14s 7d for interest on debenture and loans,
ism, 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 71d 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 Os Bd,
which would become available for the reserve fund after
the balance of £5,663 Gs 8d had been repaid to revenue.
The outlay for repairs of cables had unfortunalely been un-
usually heavy. At the present moment, however, all the
company's lines were in good working order."

Two O'CLOCK.

At Paris, this day, according to Mr. Renter's
telegram, the French 3 per Cent. Renters were
67f. 57c:

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
revive speculation, and the investing classes are
operating to a limited extent. Consols are never-
theless firm at 931;, for transfer, and 9311 for account.
Transactions have taken place in the New Threes
and Reduced Annuities, at 931 ; Exchequer Bills
are ls. dis. to 2s, prem.; and Bank Stock is 2381 ;
Indian Stock has been 224 226 ; the 5 per Cents.
have brought 1081 ; Enfaced 5 per Cents., 1071;
dc- 51 per Cents., 461 ; and the Debentures, 1001.
The transactions to-day in the Foreign market
exhibit symptoms of slight activity. Turkish Con-
solides have improved about I—viz., to 501
the Loan of 1851 has realised 93; ; do., 1858, is
lower at 721, but do., 1862, indicates firmness at
694" 4 ; Spanish 3 per Cents. remain at 541 ; the
Passive Bonds have advanced to 341 ;
the Internal ditto continue without alteration at
271 1, ; and the Certificates are buoyant at 121 1.
The Confederate Loan has declined about 1 per cent.,
the quotations being 24 22 die. ; Mexican are a
little higher at 38.1 4 ; Greek Bonds have
fallen to 331 34 ; and the Coupons to 151 161;
Portuguese Bonds of 1856.62 continue steady, at
431 3 ; and Russian 5 per Cents., 1862, show little
alteration at 921 ; Venezuelan 6 per Cents. remain
at 571.
The dealings in the Railway Share Market have
not been very extensive, but a firmer tone has pre-
vailed. Caledonian, Lancashire and Yorkshire,
Manchester, Sheffield, and Lincoln, and Midland
have each improved 51., while North Western have
declined 55., and London and 131ackwall 15s.
For the Foreign and Colonial undertakings there
has been a very limited inquiry, but prices gene-
rally are a shade higher. Great Luxembourg are
quoted 141 d ; Turin and Savona, 21; Great West-
ern of Canada, 101; East Indian have advanced to
1081.; and Bombay and Baroda to 1071 108.
Bank and Miscellaneous Shares in most instances
fulls maintain previous quotations. Crystal Palace
stock, however, receded 53., and Electric Telegraph
Improved 108.

.
BRITISH FUNDS—CLOSING PRICES.
Bank Stock.. 238/
...................
1
3 per Cent. Reduced Annuities
93/4
3 per Cent. Consols Annuities
93a A i 2
New 3 per Cent. Annuities
New 21 per Cent. Annuities .... 5 per Cent. Annuities
Annuities, 30 yrs, expire 6th J an., Ditto for 30 yrs, expire sth April, 1885.
Ditto (Red Sea Telegraph), Aug, 1908.
Ditto
Ina Stock
..
5 et Cent
Ditto Enlaced Paper, 4 per Cent 971 Ditto 5 per Cent
Ditto 5} per Cent
Ditto Debentures, 4 per Ct., Oct., 1863
Ditto ditto April, 1864
Ditto ditto Aug. 1864 or 66 1001
Ditto Bonds £l,OOO —
Ditto under £l,OO
Bank Stock for Accoount
Consols for Account, Sept, 9
India Stock for Account, S per Cent —
March, June,
Cent.
Exchequer Bills, £l,OOO .. 2 pin
Ditto
£5OO .. 1 dis 1 2pm
21 perdig Cent. 1 21 per
Ditto Small .......... 1 dis I 2pm
FOREIGN FUNDS—CLOSING PRICES.
. A
Buenosrtistii
Ditto,
itltaoon:llßB63op9nedrasubdse
ulperCent B5
102/
llypreesr
6Cpenert.e,
elnBst 2-58-60
Ditto Account
Ditto 41 per Cent
Egyptian 7 per Cent,
.. 104
Ditto, Second Issue -
Greek 5 per Cent,, 1824-5, ex-Coupons..
Ditto Account, ........, ............ 31_46:13115:
16
Ditto Coupons .
_ Ditto Account .............
Italian 5 per Cent.(Maremmana Railway)
.51,:tican 3 per Cent . .........
-iJittn Account
3Saltiiii
i_B4 Imperial 5 per Cent
Newittttiotori)repfaedra ................
Dittouvi47
errc Cent,...................
Perd Warrants (II ...... ares) —
-Ditto °
4i t)„: 1-.,_;ent• ...............
Ditto Ae„-"tt., 1862.... . Portuguese aunt, per 6 ....... . _ ......... :.54 6k
Ditto Account,. ettt" 185 S •
49
Ditto 3 per Cent X8'5.6 ..
. - .......... ...... 9''6.0,'.6. ..
--
Russian 5 per Cent.,
Ditto 4/ per Cent 1850 '.4 St
Ditto 3 per Cent., 1859
......... •
Ditto 5 per Cent, 1862
....
Sardinian 5 per Cent„
Ditto Account
Ditto'—
Account
Ditto New Deterred .............. "
_Ditto Account -
Ditto Account .. . ....
o.i .... .. ...... 334 4 31
Spanish Cert. of Coup n funded
...
.......
Ditto Account ..... 7: ............... 121
tr
swish
Aierc' eoru n° te.n.t . I_6-'1 .................... :931 3
721
Ditto 6
Ditto Account
per Cent. 1808
Ditto' Lioo Bonds ,
iD)iittttooA6
cpoeorunCt
Venezuela
Ditto
3 perGuartir Cent.
Ditto per Cent.
Ditto Account ..
.
Ditto 6 per Cent., 1662
Ditto Account ............
tondon.
13eiian 11 Cent.,
Dividends on the above
,idv.,_
.s _ per
.„,`4 44 per Cent., lO2
-,-ntto 4
Cant. Certificates ,
Preach'blii,
ttnto, j'‘els per
pneete3-nP.e,rl:CBxse%ln"l:2:Eu. x2il;s:2t°r
af
11
e s E E:‘7l:4O :IC IOC 1 .
Es. 25f payable
in
THE.
on
C msolg, "Aloney
9%, i
Dittr':ACCOUnt WI WI

BRITISH POSSESSIONS.
Closing
share Railways Paid. Prioe. Business done
100 -Wanda &St Lawrence all 62 C 4 621 3 2
atk IRom., llarodaelz.Cent Inc sot, 1074 tosi 1084 71 8
Gu. 5 per cent.
20 Do. New
20 Do. E. Shares... 74 14 11 P
204 Buffalo and Lake Huron all 54 61
10 Do. Preference all 74 84
100 Bullalo,Brant,&Godrich 100 _
5 p. et. hds. Aug. 1, 1872
100 Do. do. July 1, 1873 100
100 Do. do. Juue 1, 16;4 100
st ,ilcutta.&S.Eastn.(l,lli ) 100 1071 1084
at Cape Town et Dock Sari', 100 104 110 g.
&
stock stn. Bengal gu. bp. c lop 109 1
stock East Indian. gu. sp. c. 1100^ 11018_ 114; 1084
20 Do. do. G Ext••••• •
20 Do. do. H do. .. 10 11 14j. 115
stock Grand Trunk of Canada iuu 19/ 208
100 Do. Ist Prof. Bonds.. all 72 i 4
100 Do. ao. deterred...... all 54 67
100 Do. 2d Pref. Bonus.. all 63 66
46
110000 Do
oa..
3dao
itf
fe.rsrteocic.k.
... all 4456 4479
100 Do. do. -
deterred. .. all 16 38 36
100 Do. 4th Pref. sto:k... all 25 27 26
stolki2o Do. New gua. P. 0... 12 1 181
GtD.lon. do.dia.P denefie.ur.rgeud.a.s.;:. c. laOlul 12082 21042 210335
20 Do. January, 1862 .. 8 1 11
stock Gt. South.of India(Lim)
guaranteed 5 per cent. 100 107 1(8
204 Gt. W. of Canada Shares all 10 108 105 1
204 Do. New ....... 18 10 94d
100 Do. 6 p.c. '73 with't opt. all 95 98
100 Do. 54 p. o. do. '77-8.. .. all 90 (2
10 Indian Branch Limited 2 4 1 p •
stock Madras. guar., sp.c. .. 100 107 108 1071 5
stock Do. 45 p. o. Extension 100 1011 1028
stock Dc.4e d 0......... 100 18 100
20 Do. Fifth Extension. 2
stock Melb.Corp. 6p. o. Bnda 100
50 Melb. & Hobson's Bay. all 57 52
100 Do. 7p. c. Mortg. lids. all
20 Newßrunswicka Cande
Class A and B ... all 3 5
N.ll,l.C'clas pc Ist pi bds 100 83 85
stock Scinde •• ) (100 1071 1081
at Do. Delhi lOO 1078 1081
Do. do I Ir, 2 2 5p 21
20 Do. Punjaub c. all
. —p
at Do. Do. . , , lt() 1071 1(83 1071 8
stock Do. Indus. St. 101 o.) 000 103 105
COLONIAL GOVERNMENT SECURITIES.
e.,ausiow. Op.e.J itJ Ul3
- 1877-81 . 100 1( 3 105 104 31
I Do. 6p. c. Feb. .15 Aug. 100 It 2 104
i Do. .5 p. c.lgar. & Sept. 100 115 107
, Do. sp. c. Jan.eauly. 100 1141 051
Do. 5 Inscribed stock 100 52 i 4 93 4
ICape G.Hope, o p c. 1872 100 108 110
Do.Ap & Oct. 188( 100 112 114
! Do. 1891 100 113 115
IDO. Jan. & July, 1891.. 100 112 115
Ceylon, N0v.1878, 6p c 100 113 115 1114
Maui itius 6 per cent .. 100 106 107
;Natal Gov. 6 per cent. 130 110 112
1N..8.G0v.6 a..tJ uly 100 eO5l 1064
Do. 6p. c.Ap. & Oct. 100 _
N. S.W. G ov. 5 p 180. 100 1001 1014
Do. sp. c.,18,1 to lt,'N 100 1018 102,
Do. d0.,.1888 Azupwds 100 102 103 1021 2
New Zealand 6 p cent 100 110 112
Nova Scotia Gov. 6p. c.
steriing, 1875 lOO 1054 106
Queensland Gcv. 6p. c lOO 1:1 113
lb. Aus Gep.c.le7B.sz up lOO 110 112
IVie.Gov. 6 p.c. Ja.&Jul) 100 108 110
Do. 10 6 p.c. An.‘tOot_ 100 1131 114 1134 4 S
BRITISH MINES.
2 I Cambrian Consol. Gold 1 1 4cl
uhliord Amalgamated)— 37 39 39
Devon G. Cone. ('l'avist., 1 560 680 570
East Bassett (I llogan) 3O 78 80
1 East Clogau Gold Ltd. 53. Icl par
East Caradon ...... `1.14.( 281 291 225 585
East Cam Brea... ... • . 0.4.0 8 81
-- E. Virg Russel (Tavistk.) 8.6.6 31 4 31
Gam.&StAubyn(Gwen.) :8, 7 10
Great South Tolgus.... 17s 35 31
G. Wheal Vor (Ralston) 40 65 71
Grenville • ......... 6.16. r 65 61
El er,d's-Foot ....... ..
8.12 18 40
ti ingston Downs , 4.18.0 11 2
Lady Bertha ... 2 .
Margaret (Gny Lelant,. 32 31
Nlarke Valley.. .....
4 Myndy Iron Ore (Lim ; 21 14 4 4
New Setun l6/ 100 110
North Downs 24 2 24
N.Wh'i Basset(lllo_ran 2.17. G 21 34
North Wheal Crotty
('am Consols Mt. Blazey, 14 4 5
20 Providence(Uny Leint; 10.6.7 11 43
South Caradon(StCleer, 15 415 425
S. Cant Brea (Illogan) 5.15.61 11 24
Fran. (Mogan, 18.18.9' 60 •0
(Stray Park 28.9. 39 41
5 ParoarSilv.& Lead Min 4i e
- ' fin Crort 512 22
West Basset (Illogan) l4 805 11
WCf radon (Liskeard) 5 21 235
- West Seton
_ Wheal Basset (Illogan) 5* 60
- IWheal Buller(Redruth) 5 35 45
Wheal Kitty (li.Lelant) 2.0.6
WhealLudeott ........ 2.10.8 3 34 3 *
Wheal Mary Ann 8 12 14
Wheal Seton 5Bl 1215 225
Wheal Tretawney (Lis.) 7
15 17
Wheal Union 3.17 21 35

PREFERENCE SHARES.
Waterford and Kilkenny, 6 per cent., 44

PREFEMENCE SHARES AND STOCKS.
London, Brighton, &c., 4a per cent., 18.58. 103

LINES LEASED Al! FIXED RENTALS.
Chester and Holyhead, 574
London, Tilbury, and Southend, 97
Manchester, Buxton, and Matlock, 4
FOREIGN RAILWAys.
Antwerp and Rotterdam, 81
Great Luxembourg-, la I
Turin and Savona, 21
FOREIGN MINES.
Don Pedro, Nor It Del Rey, 1
Valltinzasza Gold, lirn.,
Yudanamutana of S. Australia (Um.), 31
JOINT-STOCK RANKS.
Alliance Bank of London and Liverpool 01/10, 351 a
Australasia,
Ditto, new, 311 1
Bank of New Zealand, 101
Chartered Bank of India, Australia, and China, 30}
Consolidated Bank, 1im.,39i
English, Scotch, and Australian Chartered, 221
Imperial Bank (lim.), 221 4 2
Imperial Ottoman, 18/ /
London and Brazilian (lim.), 434
London Chartered Bank of Australia, 28k
London and County, 49
London Joint Stock, 341 1 5
Loudon and South African, 261 1
London and Westminster, 77
National Provincial of England. --
Ditto, new, 36
Standard of British South Africa (11MCIn
Union of London, 35

DOCKS.
East and West India, 143 2}

MISCELLANEOUS.
Anglo-Mexican Mint, 194
Crystal Palace, 39
East India Irrigation and Canal. IS it
Egyptian Commercial and Trading, Um., 2}
Electric Telegraph, 103 i 4
Gen. Crf dit and Vinance of London, Urn 31
General Steam Navigation, 254
Hudson s Bay, 3*
International Financial Society, lim., 83.
Joint .stock Discount, 6i
London Financial Association, Urn., ii
London General Omnibus Company aim.), 2 2
Atadras Irrigation and Canal, 4
Peninsula and 0, iental Steam, 79i
Quebrada Land, Nail, and Mining, Bra., 3a 3
IthYrnney Iron,
Ditto, new, 6
Trust and Loan Co. of Upper Canada, 51

Liverpool Cotton Market—This Day.

Strang. Sales, about 10,000 bales. Import,
6,362, previously, 5,121.

- cral provincial Sea ..--__-__,_--------..
Monileur dujournal
Calvados and the Argus Soissonnais, state
that the Ministerand among others the
of War' has decided that from the Ist
Sept. next Ilia fortified : 'p—
closed during tte ,i towns M '--
co will Ce,aBD to be
A n
gilt.