The Sun.
London, England, 1865-10-13 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

TWELVE O'CLOCK.
The payment of the dividends, which commences
to-day, is causing a better feeling among dis-
counters, but for the present the rates charged for
accommodation show no important change. There
is only a moderate demand for money both at the
Bank and in the open market, and with the pro-
bable increase in the supply some concessions will,
no doubt, soon be made to the commercial world.
The weekly balance-sheet from the Rank of
England, shows that the position of the establish-
ment has been further weakened, and that the
authorities have had recourse to a sale of Govern-
ment securities to strengthen their reserves. The
foilowing are the particulars :
Subjoined is an analysis of the Bank of England
return, which shows that the directors acted judi-
ciously in advancing the rate of discount :
Active Circulation ..• ...X22,312,195
Decrease ..• 415,965
... 12,736,346
447,491
3,134,060
Decrease •.• •.• ••• •.• 688,982
Public Deposits 7,228,737
Other De Increase
pecreaseosits ...
"' 336,827
D
... 13,506,498
Seven Day and Other Bills „ 292,090
Decrease . 549,574
Government Securities 44,052
9,811,242
Decrease
••• •.• Other Securities ••• ••• 572,967
..• •••24,086,476
Decrease
83,804
Notes Unemployed ::: 4,294,145
Decrease
•.• ••• ••• ••• 67,980
The Bank of France return also continues to
show unfavourable changes. The bills discounted have increased £1,208,000, and the notes in circu-
lation £413,400
diminished , while the bullion has been
£1,326,700. The Treasury balances
have received an addition of £426,700, but the cur-
rent
accounts have fallen off £992,000, and the
advances on stock £B,OOO.
A further influx of £103,000 in gold took place
at the Bank of England yesterday afternoon.
The Atlantic Telegraph Company have issued
proposals for an additional capital of £600,000, in
shares of £5 each, for the construction and laying
down a new cable, and also to recover the old one.
These new shares are to have a preferential dividend
of 12 per cent.

Bullion

Decrease•••

Rest

The Oriental Bank, at their meeting on the 19th
inst., intend to propose an interim dividend at the
rate of 10 per cent. per annum for the half-year
ending the 30th of June last.

The report of the Bank of Queensland to be pre-
sented on the 18th inst. shows an available total of
£9,520, and recommends a dividend of 15s. per
share, or at the rate of 6 per cent. per annum,
which will absorb £6,391, and the appropriation of
£1,500 to reserve and £689 to preliminary ex-
penses, which will leave £940 to be carried for-
ward.
The Stock Exchange Committee have ordered
the following securities to be quoted :--Four per
Cent. Debenture Stock of the London and St. Ka-
tharine Dock Company, Tavistock Annuities of the
South Devon Railway, Scrip of the Bay of Havana
and Matanzas Railroad, 7 per Cent. Loan of
£400,000, Bonds of the British Columbian Govern-
ment, 6 per Cent. Loan of 1865, ditto Ceylon Go-
vernment 6 per Cent. Loan of 1865.
More activity has prevailed in the foreign and
colonial produce markets during the last few days.
A large business has been done in sugar, and prices
have further advanced. Coffee has been in good
demand at steady rates, while rice has been in re-
quest at enhanced prices. Spices and fruits have
been inactive, and less business has been transacted
in tallow, although prices for both present and for-
ward delivery continue exceedingly firm.

Two O'CLOCK.
At the Paris Bourse this morning, according to
Reuter's telegram, the 3 per Cent. Rentes were
67f. 95e. Excited.

There is still a quiet feeling in the discount mar-
ket, and an early decline is considered more pro-
bable than an advance. Borrowers are limiting
their transactions as much as possible, and capitalists
evince more disposition to utilise their balances. At
present, however, no substantial difference is per-
ceptible in the rates for bills or loans from day to
day. en Government securities in the Stock Ex-
change.

No alteration resulted from yesterday's business in
Consols, and their prices have continued equally
firm. to-day ; for money they are still 88/ 89 ; for
the Bth prox., 891 1. Business is quiet, but from
its character has improved through a preponderance
of good purchases. Speculation is restricted in this
department, and the force of the dealings is prin-
cipally produced by investments for transfer.
The New Threes and Reduced Annuities are 86/
871 ; Annuities 1865, 13+ ; Exchequer Bills, June,
13s, to 19s. dis. ; India 5 per cents., 104+, 105.
In the
take
genera Foreign Stock Market several sales have
n place, and in consequence there has been a
general decline. Turkish Consolides are 481 4;
19 all, 25+ ; the New Loan, 241 ; Greek,
Cates,_
2°l ; Spanish Passive, 28/ 291; the Certifi-
; ; 631 ; the Confederate Loan,
6 8., and n
—razilian Scrip, 31 1 prem.
A little
—heaviness has been apparent in the Ame-
rjoan Market
States' , the latest prices bng :—Un
ates' Government 5-20 Bonds, 68/ +; Erie shares ited,
581 ; and Illinois, 83+
J. 4 the Railway Share Market b
"41ned inactive usiness has re-
, and prices in several instances are

a shade lower. Metropolitan and North Eastern
(Berwick) have each declined 10s. ; and Great
Eastern and North British,' each ss.
The Foreign and Colonial lines show little varia-
tion of importance.
Bank and Miscellaneous Shares continue inactive,
at about previous rates. Merchants' Company are
quoted I 1 prem. ; Transatlantic Steam Ship, par
1 prem. ; and Allan's Transatlantic Telegraph
Company, 14 2 prem.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
3 per Cent. Consols
Do. Account, Nov. 8 894 4 4
0 per Cent. Reduced 864 74
New 3 per Coat B7 64 74
New 24 per Cent. Jan. 1894 —
Do. 5 per Cent. Jan. 1873 —
Annuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth AprilBBs 134
Do (Red Sea Telegraph), Aug., 1908 —
March June
Exchequer Bills, £l,OOO, 3 per Cent. l3 19 18
Do. £5OO
Do £lOO and £2OO —
Bank of England Stock, 54 per Cent
Do Account
INDL&N GOVERNMENT SECURITIES.
Indian Stock, 104 per Cent., April 1874 —
Do Account
Do. 5 per Cent. July, 1870
Do. Account
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 54 per Cent., May 1879 —
Do. 4 per Cent., Aug. 1866 984
Do. Bonds, £l,OOO 22 pm .
Do. under £l,000
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent, 1859 —
Brazilian 5 per Cent —
Do. 44 per Cent., 1852-58-60
Do. 1863
Buenos Ayres 6 per Cent —
Do. Account —
Do 1 per Cent. (Deferred 3 per Cent.)
Milian 6 per Cent —
Do. 44 per Cent. —
Colombian 6 per Cent. —
Cuba, 6 per Cent.
Danish 3 per Cent., 1825 —
Do. 4 per Cent., 1863 —
Do. 5 per Cent., 1773-77, £25 paid —
Danubian Principalities
Do Account 74
Equador New Consolidated, 1 per Cent —
Do., Provisional Land Warrant
Egyptian 7 per Cent 944
Do., Second Issue —
Do £lOO Bonds
Do. 1864 9l 904 4
Do £lOO Bonds
Greek 5 per Cents., 1824-5, ex Coupons
Do Account
Do. Coupons
Do Account if
Cmatemala 5 per Cent.
Do £B6 paid —
Do. 1839 and 1850 —
Italian 5 per Cent (Maremmana Railway)
Do 1865
Do Scrip, £674 paid
Do 5 per Cent., 1864 —
Do. Scrip, £55 paid
Mexican 3 per Cent
Do. Account
Do 1864 244
Do 6 per Cent. Anglo-French
Do French Scrip, Ex. 25f 20c —
Montevidean 6 per Cent., £3O paid —
Moorish Imperial 5 per Cent
New Granada 144
Do 2 per Cent 304
Do Deferred
Do Land Warrants (Hectares)
Peruvian 44 per Cent
Do Scrip, £45 paid, paid in Bonds
Do 3 per Cent. (Uribarren) —
Do 44 per Cent.,_lB62
' Do. Account
Portuguese 3 per Cent., 1853
Do 3 per Cent., 1856, '7, '9, '6O, '62, '3,
Do. Account
Russian 5 per Cent., 1822, £ St 894 4
Do 44 per Cent. 1850
Do 3 pex Cent. 1859 —
D 3 44 per Cent., 1860
Do 5 per Cent. 1862 904 4 1
Do 5 per Cent. 1864 914
Sardinian 5 per Cent —
Do Account
Spanish 3 per Cent
Do Account
Do New Deferred
Do Account 3Bl 94
Do Passive
Do Account
Spanish Cert. of Coup not funded
Do Account
Swedish 4 per Cent.
Do. 44 per Cent. 1864 -,
Curkish 6 per Cent. 1854
Do Account 904
Do 6 per Cent. 1858
Do Account - 71
Do £lOO Bonds 77
Do. 14 per Cent
Do 6 per Cent. 1862
Do Account 74
f
Do £lOO Bonds 744 f
Do 6 per Cent., 1864 —
Do 5 per Cent. 1865
Do .£1(0 Bands 444
Do Scrip, £35 paid
Do Guaranteed, 4 per Cent 99
Venezuela 3 per Cent.
Do. 6 per Cent., 1862
no, Anoounb - Olt - -
Do. 6 per Cent, 1864 384
Dividends on the above payable in London.
Austrian, 5 per Cent., Ex. 10 Florins
Belgian, 44 per cent., Ex. 2sf.
Dutch 24 per Cent., Ex. 12 Gail
Do. 4 per Cent. Certificates 95
French Routes, 44 per Cent. —
....

Do. Account.
Italian t, per Cent., 1861, Ex. 251.
Do Account

Consols
Do. Account ,

THREE O'CLOCK.
88i 9
89} 1

Liverpool Cotton Market—This Day.

Market strong and advancing. Sales, probably
20,000 bales.

THE NEW READING-ROOM OF THE IMPERIAL
LIBRARY, IN PARIS, is rapidly approaching completion.
It will be lighted by nine cupolas, decorated with land-
scapes, bas-reliefs, caryatides, &c.; and there will be tables
for 1,000 or 1,200 readers. It is on the plan of the reading-
room of the British Museum.

THE CELEBRATED MECHANICAL DUCK OF VAUCAN-
SON is now being exhibited in the Rue de Paris, at Havre,
in a small museum which takes its name from that illus-
trious mechanician. The bird, standing on a sort of box,
shakes its wings, eats, drinks, and imitates nature so accu-
rately that the other day a dog flew at it, without, how-
ever, doing any mischief.—Galignani.
VICTOR Hugo is engaged in correcting the proof
sheets of his volume of popular songs, entitled " Les Chan-
sons des Rues et des Bois," which will be published simul-
taneously in Paris and Brussels.

M. DE LAMARTINE is shortly expected to arrive in
Paris from Macon to superintend the rehearsal of " Flor
d'Aliza" at the Opera Comique.
RAJAH BROOKE, the famous Governor of Sara-
wak, has a new work in preparation descriptive of ten
years' residence in the province. It will contain nume-
rous beautiful illustrations of views in Sarawak.
DRAMATIC, EQUESTRIAN, AND MUSICAL SICK
F UND ASSOCIATION.--The 10th annual meeting of
the members, patrons, and friends of this society took place
yesterday in the saloon of Drury-lane Theatre—Mr. Cres-
wick presiding in the absence of Mr. Webster, who had
sent a communication from Paris expressing his regret
that he was prevented from attending on the occasion.
Mr. R. Philips read the report of the committee of
management, which referred with confidence to the
firm yet steady progress of the institution. The
balance-sheet for 1865 showed that the receipts
amounted to £579 14s 2d, and the disbursements to
.£34155.91118d5.. 3Tdh.,e rreoppreorstenwtiansgadaopptroothoon
otffih eooryseaf
orr otfh.no
e2n9-
loeetchst.ae
thanks
,kosannwd a
tehreevrometteoutlio.onfnethanks
erp.
subscri-
bers sjs.edw
rto
smoufy,o year
the artheirve services.
secretary, rer re-elected,
-vie
suingAnth
and donors who supported the institution at the
annual dinner on Ash Wednesday. A similar tribute was
also paid to the chairman and the auditors, and to Mr.
e
intostiwtuhtoiomn, bsenldongthsethperosoooleedicnregsditof
hAanvsionng,
organisedtarythe,
ter-
minated.
ANOTHER INVASION OF BEES.—With October
weather so mild that gossamer is seen flying in our street,
bees may be expected to discover sugar casks in our grocers'
shops, and boldly advance towards them if doors are left
open. Yesterday, one of the shops on the high-street 'was
all but taken by storm by an army of bees, which made an
assault on a sugar cask, defying all the merchant's efforts to
repe. l them. It has always been a curious subject of inquiry
how the bees of a hive can manage to telleach other where
a treasure maybe found. That they can do so admits of
no doubt, for every apiarian knows when he sees half a
dozen of robbers hovering round a weak skep that half a
hundred will come to-morrow, and next day thousands
overwhelming all opposition. It is the same with attacks
on sugar in grocers' shops—a few bees out marauding re-
connoitre the premises, and, going home, return with an
army determined to plunder, though they should perish
on the spot.—Elgin Courant.
Ever since it was decided in Brooklyn, New York,
that a negro could servo on a jury, and a case was tried
with eleven white jurymen and one black one, negro
stock has been looking up. The privilege has been ex-
tended, it seems, and white men summoned on the jury
can now furnish negro substitutes. The system works
beautifully, for as soon as drawn you can send your valet
or coachman to the court-room, and think no more about
it, and the happy negro, glad of anything that gives him
importance, will administer justice to " de white folk" with
infinite gueto.—Philadelphig Correspondent of the Tones.