The Sun.
London, England, 1865-08-04 00:00:00

MONEY MARKET

AND
comivaacum INTELLIGENCE,

TWELVE O'CLOCK.

Notwithstanding the quietude of almost all kinds
of business there is a full inquiry for discounts. But
this is chiefly attributable- to the securities due to-
day, the 4th of the month. Full rates are charged
in the open market, and the consequence is that the
inquiries at the Bank of England are rather heavy.
Payments are still in progress for new companies to
Which the public so liberally subscribed.
The weekly return published this morning by the
Bank of England is unsatisfactory. The reserves
of the establishment have been further diminished,
and the private deposits also show a large reduc-
tion. The following are the particulars
Active Circulatiot, ... £22, 646,330

574;760
14,457,648
. 46,031
3,508,814
Increase ••• ••• ••• ..• 28,004
Public Deposits 5,214,377
Increase ••• ••• .• 443,475
Other Deposits 14,681,727
Decrease 1,258,087
Seven Day and Other Bills ... 557,427
Increase ..• ••• ••• ••• 38,743
Government Securities 10,384,209
Decrease 14,700
Other Securities 21,669,818

circulation
Increase

Bullion

Decrease

Rest

Decrease
Notes Unemployed
Decrease

112,373
5,607,475
574,005

The alterations in the Bank of France returns
Published this morning are unfavourable. The bills
discounted have been augmented £720,000, while
the bullion has been decreased £40,000, and the
notes in circulation £B,OOO. The advances on
stock have also been lessened £B,OOO, but the rrea-
sluy balance has been increased £50,000, and the
current accounts £792,000.

The report of the European Bank to be presented
on the 7th inst. shows an available total of £29,685,
and recommends an interim dividend at the rate of
5 per cent. per annum, and that £3,200 should be
written off premises and preliminary expense ac-
counts, leaving £10,104 to be carried forward.
The report of the London and Glasgow Engineer-
ing and Iron Shipbuilding Company, to be pre-
sented on Thursday next, for the 15 months since
the commencement of business, shows, after deduct-
ing the interim dividend in February at the rate of
6 per cent. per annum, and £l,OOO from preliminary
expenses, a balance of £4,813, out of which a divi-
dend and bonus at the rate of about 10 per cent.
Per annum are recommended, leaving £1,617 to be
carried forward.

The directors of the St. John d'El Rey Mining
Company (Limited) have received the following
report, dated Morro Volho, Ist July, .1865:
Produce, 11 days of June, 2d division, 11,595
oitavas ; yield, 6,476 oitavas per ton. The produce
during this period has been unfavourably affected
by the imperfect action of the pumps, impeding the
Sinking, and also by the occurrence of three holi-
days, during which the native borers did not work.
Amongst the many new companies that have
been placed before the public none possesses greater
attraction than that of the Menai Park and-Hotel
Company, the object being to purchase the freehold
estate of the North-Western Company on the edge
of the Menai Straits, in Carnarvonshire, and to de-
vote a great portion of it to the purposes of a first-
class hotel, with appropriate baths, gardens, and
pleasure-grounds ; also for taking a lease for a long
term of the refreshment-rooms to be erected by the
railway company at their Menai-bridge station,
and to manage them in connection with the pro-
posed hotel. To meet the views of the directors of
the new company the directors of the North-Wes-
tern have undertaken to improve the Menai Station
and -maintain it in the first class, at which four-
fifths of all passenger trains will stop. Taking the
picturesque features of Carnarvonshire with its in-
vigorating climate into consideration, the one great
want to make it the resort of the thousands of
tourists was that which the new company propose
to supply, viz., a large, commodious, and comfort-
able hotel. The whole of the estate, which amounts
to about 80 acres, not being required for the hotel,
gardens, and bathing places, the directors wisely
intend to devote a portion of it to building purposes,
as the demand for private residences in that favoured
locality has long been a matter of notoriety. Tak-
ing a comprehensive view of the new scheme, it
seems calculated to prove one of the best specula-
tions put forward during the last few months.
The second half-yearly meeting of the Oriental
Pinancial Corporation was held to-day. The re-
Port stated that against the item of £191,570,
Uncle, the head of advances on securities, the Cor-
Poration holds collateral security of the nomi-
nal value of £333,585, also that it has
been deemed advisable to write off a farther
amount of £l,OOO from the preliminary expenses,
"educing the amount to the credit of profit and loss
on. the 30th June to £11,372. The directors do not
recommend an ad interim dividend for the last half-
Year, unless de-iired by the shareholders. Since the
report was printed the directors state they are in a
Position to lay before the members a proposed
anaalgamation with another company, for which
Purpose a meeting is called.

Business in the Foreign and Colonial Produce
Markets during the last few days has been rather
Inactive. The public sales of tea have concluded,
and in some instances prices have been a shade
lower. Sugars have barely sustained former rates,
While coffee, although in fair request, has been
rather cheaper. The demand for rice has improved,
but the enhanced rates demanded by holders has
ended to check business. Tallow has remained in
!air demand at steady prices for both present and
forward delivery.

At the Two o'CLocK.
Bourse this morning, according to