The Sun.
London, England, 1867-08-06 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCA,

TWELVE O'CLOCK.

There is no alteration of importance to record
in the general state of the money market. Since
the payments due on the 3d and 4th business in
commercial bills has become quieter than ever, not-
withstanding agricultural expenditure and the usual
drawing of notes and coin for home and continental
travel. No demand whatever at present seems to
be " looming in the distance " calculated to
produce an effect subversive of the existing
monetary situation. On the 10th inst. large Indian
engagements will mature, and on the 17th Austra-
lian commitments of some magnitude will have to
be provided for ; but so abundant are the supplies
of floating capital that anything like a reactionary
tendency in the terms for loans and discounts
is altogether improbable. All who can conveniently
leave town are going away from business, which
just now is contracted, and productive of little
profit. The Russian loan is unpopular, and
even although a portion of the amount sought for
in this market may be scraped together, the agents
here and on the Continent taking a considerable
share, the want of confidence and the reluctance
evinced to render financial aid to a Government
which has always paid its foreign creditor, other
needy States, and there are several in the market,
will surely not be stupid enough to make an appeal
to the investing public of Great Britain.
There were no gold operations at the Bank of
England yesterday. The silver market is un-
changed.
The directors of John Crossley and Sons, Li-
mited, have just declared an interim dividend of
15s. per share for the first half-year, being equal
to 15 per cent. per annum.
Atlantic and Great Western Railway Debentures
remain steady at 26 28 ; and the Consolidated
Mortgage Bonds at 22 23.

In tho Foreign and Colonial Produce Markets
during the last day or two there has been a very
moderate amount of business entered into. Sugars,
however, have generally maintained former rates.
Superior qualities of colonial coffee have sold
readily at full values, while a good demand has
continued for floating cargoes of rice, at slightly
enhanced prices. In tallow there has been no
material change, but business generally has re-
mained quiet, at about previous quotations for pre-
sent and forward delivery.

Two o'C LOCK.

According to Reuter's telegram from Paris to-
day, the French Rentes were G9f. 20c. Rather firm.

The wet weather, the firmness of the corn market
Yesterday, the limited attendance, and the indispo-
sition generally evinzed to speculate or invest,
render all the Stock Exchange markets extremely
dull and to a certain degree depressed. Neverthe-
less, the prevailing opinion is that values will in-
crease in value, because there is nothing except new
Phases of continental politics to delay the return of
Confidence and of general prosperity. Even if
there should prove to be a deficient harvest, the
price of bread is likely to be kept at an average
in consequence of advices from the neighbourhood
Of the Black Sea, America, and Australia, telling us
that large shipments of grain—breadstuffs of all
kinds—are being arranged for Europe, owing to
superabundant crops. Home politics are favourable
as evidenced by the fiasco performance of the League
last evening, the subsidence of strikes, and the
success of the Reform Bill. The funds, there-
fore, although dull, and a little heavy, owing
to the inertness of business, are substantially
firm, and the same may be said of all other well-
approved securities. Consols are now 941 / for
money, and the impending settlement, and 91/ I
for the September account.
The New Threes are 93-1 / 4 ; Reduced Annui-
tios, 91 31 ; India Stock, 222 ; ditto 5 per
Cents., 1121 ; ditto 4 per Cents., 102/ ; ditto
£l,OOO Bonds, 70s. pm. ; and ditto Bonds under
Zl,OOO, 655. pm.
No animation has been apparent in the Foreign
Market, but Italian, Spanish Passive, the Certifi-
cats, and Greek Bonds have advanced, and
Mexican have remained very firm. Italian are
48} ; Spanish Passive, 20t 21; ditto Certificates,
16 8 ; Mexican, 151 1 ; Greek, 13 1 ; Turkish
Fives, 30/ ; and Chilian, 21 2 dis.
The operations in the Railway Share Market
have been on a very moderate scale ; in a few in-
stances, however, slightly enhanced rates have been
established. Great Western, North Western, and
Metropolitan, have each improved /; Midland and
North Eastern (Berwick), 1 ; and Great Northern
A Stock, 2; while Lancashire and Yorkshire have
declined ; and South Eastern, 1.
The Foreign and Colonial lines show little
change of importance. Dutch Rhenish are marked
221, Great Luxemburg 101, Grand Trunk of
Canada 161, East Indian 1081 8, and Punjaub 991.
American Securities have in some instances shown
'S firmness, Erie shares having receded j to 431
; United States 5-20 Bonds remain steady at
731 ; and Illinois shares have improved 1, to
76 77 ; Atlantic and Great Western Consolidated
'ortgage Bonds are quoted at 22/.
Bank shares are very quiet. Imperial have de-
clined to 18/ ; Union of London, to 381 391 ;
,nglo-American are marked 8 7-16 ; London and
`-'eunty, 55 ; and Oriental Bank Corporation, 42/.
, Miscellaneous and Finance shares continue very
`lepressed, with the exception of Atlantic Telegraph
? Per Cents. which have improved to 75. Madras
~Igation have declined to 100 ; Viceroy of
'?Ypt's Mortgage Loan to 67/ ; and Credit Foncier
re England to 31. Anglo-American Telegraph
Isain steady at 171 18 ; and Royal Mail Steam
at 87.