The Sun.
London, England, 1867-08-02 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

Owing to the arrangements for the 4th inst.,
when a considerable quantity of mercantile paper
will have to be returned, the Money Market is a
little less inactive, but the increase of business thus
occasioned is after all too small to create animation
in discount circles, or to influence the quotations,
which are as easy as ever, 1 per cent. being the
minimum in general circles.
A further influx of gold, to the amount of
£70,000, took place at the Bank of England yes-
terday.
The return from the Bank of England for the
week ending the 31st July gives the following re-
sults when compared with the previous week :
Rest
.£3,361,576 ... Increase £327
Public deposits ... 4,898,151 ... Increase 200,901
Other deposits ... 20,593,817 ... Decrease 181,99 G

On the other side of the account :
Government securities £12,830,773 ... No change
Other securities ... 17,322,457 .., Increase £73,968
Notes unemployed ... 12,542,305 ... Decrease 12,876

The amount of notes in circulation is £24,182,960,
being an increase of £180,245 ; and the stock of
bullion in both departments is £22,926,453, showing
an increase of £154,589 when compared with the
preceding return.
The Bank of France returns for the past week
give the following changes when compared with the
previous returns :—The notes have increased
£1,066,640, the cash in hand £272,000, and bills
discounted £266,640; while the private accounts
show a diminution of £13,320, the Treasury balance
£32,000, and the advances £B,OOO.
Atlantic and Great Western Railway Debentures
remain steady at 26 28 ; and the Consolidated
Mortgage Bonds at 22 23.
In the Mincing-lane Markets during the last few
days there has been a moderate demand for most of
the principal staples. Sugar has been at steady
rates, while the public sales of coffee have pro-
ceeded with rather more animation at full values.
Operations in tea have been postponed until the
public sales of China, which commence on Tuesday
next, while in rice and tallow no material altera-
tion can be reported in values.
Notice has been given by the Natal Land and
Colonisation Company that a meeting will be held
On the 16th inst., for the purpose of presenting a
report and statement of accounts to the 31st
December last, and also for the purpose of autho-
rising the directors to borrow money on debentures
of the company to the extent of £250,000, at 90
Per cent., redeemable at par in 30 years at 6 per
cent, per annum.

At the meeting held to-day of the Provincial
Banking Corporation the accounts and balance-
sheet to the 30th June were presented, showing a
net balance of £9,079, from which the directors
recommended a dividend at the rate of 7f per cent.
Per annum, leaving £2,035 to be carried forward.
41113 dividend will be payable on the 14th inst. It
W. 48 Stated that the business of the bank continued
in a sound and satisfactory state.

Two O'CLOCK.

According to Reuter's telegram from Paris to-
'lay, the French Rentes were 69f. 10e. Firm.
There is a further contraction of business at the
Stock Exchange, and the bi-monthly settlement in
Foreign bonds and shares of all denominations
having been concluded, members, as far as prac-
ticable, are hurrying away for their holidays. Con-
sidering the limited number of bargians entered
Into values are much better sustained than might
have been expected. Consols, notwithstanding the
intense dullness, are very steady •at 94 4 for
transfer and for the account, Bth inst., and 944
for the September liquidation.
The New Threes are 934 4 44; Reduced Annui-
ties 934 4 4 ; Bank of England Stock, 261 ;
India do., 218/ ; ditto 5 per Cents., 1114 4 4 ; ditto
4 per Cents..., 991 ; ditto Enfaced 5 per Cents., 103 ;
ditto £l,OOO Bonds, 65. i. 70s, pm.
In the Foreign Stock Market business is very
languid, and scarcely any variation has occurred.
Italian are 4 higher, at 44,49, and Turkish 5 per
Cents: 4, at 30/ 4 ; Mexican are unchanged, at
1544 ; Spanish Passive at 214 4 ; Certificates 16/
I ; Greek at 13 4 ; Russian Scrip at 4 1 prem. ;
Russian Railway Scrip at 14 1 dis. ; and Milan
Loan Scrip at 24 2 die.
Only a moderate amount of business has been
entered into in the Railway Share Market, but
prices generally show an upward tendency. Lanca-
shire
and Yorkshire have advanced 14 ; Midland, ;
Great Western and North Western each 4 ; and
Br'g/iton,Pletropolitan, and South Eastern, each 4.
no Foreign and Colonial lines remain very in-
active. Great Luxembourg are dealt in at 10/ ;
East Indian, at 1084 109 ; Great Indian Peninsula
at
10744 and Bombay and Baroda at 1004.