The Sun.
London, England, 1865-09-30 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

TWELVE O'CLOCK.

Very little business is reported in the general dis-
count market under the full rate of 4f per cent.
even for the best descriptions of three months' bills,
and it is generally believed that a further rise will
soon occur. There is at present a strong inquiry for
loans as well as discounts, and capitalists are, there-
fore, acting with some reserve. Early next month
the release of the dividends and other circumstances
may occasion a little temporary relief, but there are
evidences of the precious metals being exported on
a scale far exceeding the recent average.
During the week the movements of the precious
metals have been on rather an extensive scale. The
imports, owing to arrivals from America and the
West Indies and Pacific, have amounted to
£458,272 ; while the exports have been to the ex-
tent of £275,665, chiefly to Bombay and the Con-
tinent.

The share list of the Dairy Company (Limited)
will close on Saturday next, the 7th October.

A remarkable prospectus has just now been
issued by Gale's Protected Gunpowder Company
(Limited), with a proposed capital of £200,000, in
8,000 shares of £25 each—Mr. Gale's wonderful
invention (the latest, as it is in many respects
among the greatest, of the Scientific Marvels of the
Age), having been secured to this newly-organised
association. A discovery so truly extraordinary,
so nearly miraculous, so exquisitely simple, so
almost instantaneous in its effects and its applica-
tion—in a manner necessitated the formation of a
company for its due development as a bene-
ficent agency for the protection at once of
life and property. Its ready application to gun-
povider—thereby, at pleasure, rendering that
destructive' material within the brief interval of
five minutes, explosive or non-explosive the
public at large are already aware of, thanks
to a variety of very recent and startling ex-
periments. The company proposes to manu-
facture and to have on sale the protecting
material, through the employment of which these
astonishing phenomena are accomplished. They
design to grant royalties, licenses, and so forth, un-
der the management of a Board of Directors, in-
cluding, among others, :these well-known and
authoritative, names :—Sir John C. Dalrymple Hay,
Bart. ; Mr. Thomas Brassey, jun. ; Sir Arthur W.
Buller, M.P. ; Colonel Do Bathe ; the Hon. Henry
W. Petre ; and Mr. John Gilbert Talbot.
The project has altogether been introduced under
very- favourable auspices. The shares are 1 to 2
premium and numerous applications have already
been received.

Two O'CLOCK.

At the Paris Bourse this morning, according to
Renter's telegram, the 3 per Cent. itentes were
68f. 70c. Market excited ; firm.

Business in the English Stock Market has been
dull, and Consols closed heavily at 891 1 for
money, and at 89 5-16ths 7-16ths for the account.
The New Threes and Reduced Annuities are 87i 4 ;
Exchequer Bills, ss. to Is. dis. ; India 5 per Cents.,
104+; do: 4 per Cent. Debentures, 991.
It will be seen by reference to the official list that
the changes in the Foreign Stocks have not been
numerous. Turkish Consolides are 44 1 ; Mexican,
261 ; the New, 25/ 26 ; Greek, 20i 21 ; Spanish
Passive, 30 ; the Certificates, 141 j ; Italian, 64
; and the Confederate Loan, 7 k. Attention
among dealers and speculators, however, have been
chiefly directed to the Brazilian scrip, which has
risen to 4 1 prem.
In the Railway Share Market the dealings have