The Sun.
London, England, 1867-07-12 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCX,

TWELVE O'CLOCK.
The Money Market opened with the same appear-
ance of ease that has characterised it for the last
few days. There is an abundance of floating capital,
and first-class commercial bills are readily negociable
on very moderate terms, the rates current being
2 24- per cent.

A small sum of gold, amounting to £26,000, was
recPired at, the bullion office of the Bank of Eng-
land yesterday.
Atlantic and Great Western Railway Debentures
remain steady at 30 32, and the Consolidated
Mortgage Bonds at 24 25.
The traffic receipt ou the Atlantic and Great
Western Railway for the third week in June
amounted to $90,825 against $131,316 in the cor-
responding period last year, showing a decrease of
$40,491.

The directors of the Port Phillip and Colonial
Gold Mining Co. have received by telegram from
Suez the following advices in anticipation of the
Australian mail from their resident director, Mr.
Bland, at Climes :—" Three weeks return for May,
3,500 tons ; crushed gelding 13 dwts. 17 grs. per
ton. Remittance, £2,000.
The return from the Bank of ,England for the
week ending the 10th July gives the following re-
sults when compared with the previous week :
Rest
Public £3,318,341 ... Increase £137,475
deposits 5,121,309 ... Decrease 4,235,418
Other deposits
..• 21,232,561 Increase 2,364,341
On the other side of the account :
Government securities .£12,830 773 No change
„.
Other securities
.. 18,361,530 Decrease £2,094, 21
Notes c ttemployed 12,336,950 ... Increase ... 248,240
The amount of notee in circulation is £24,053,080,
being a decrease of £300,780 ; and the stock of
bullion is both departments is £22,541,231, showing
an increase of 145,376 when compared with the
preceding return. The amount of gold from abroad
sent in during the week was £177,000, and, as the
Payment of the dividends usually occasions a with-
drawal of about £400,000 in sovereigns, it appears
from the present figures that a considerable influx
must have taken place from the redundant internal
circulation of coin.
Subjoined is a comparison of the present position
of the Bank of England and the price of Consols
with the corresponding week of last year :

flame week
last year.
Notes ..•
13ank 422,541,231 £13,993,470
ia reaerye".... 13,483,151 ... 3,800,610
Rate
Notes In oirealatio a 24,053,080 ... 25,192,830
of disoonnt per sent. ••• 10 per mat. Prise of Coasols
4i •..
•••
The return of the Bank of France for the week
ending Thursday, July 11th inst., shows the follow-
ing alterations when compared with former account.
The notes in circulation have increased to the extent
of £672,000, and the Treasury balance £20,000.
The cash in hand has decreased £1,026,640; com-
mercial bills £80,000; private accounts, £1,540,000;
and the advances £4,000.
In the Mincing-lane markets during the last few
days there has not been much animation. Sugars
have been in very limited request, and, in some in-
stances, a shade lower. Coffee remained at steady
While tallow has been without material change as
regards values for present and forward delivery.
The public sales of indigo, however, continue to
proceed with considerable spirit, and
rally show prices gene-
an upward tendency.
At the meeting held to-day of the Panama, New
Zealand and Australian Royal Mail Company
(Limited and
the report stated that the Panama line
had been worked at fair profit from the com-
mencement, consequently the loss with regard to
the local services is greatly reduced. The directors,
however, said it was not in their power to recom-
mend a dividend for the past year, and they suggest
to the shareholders that they should assent to the
appropriation of the balance of £9,025 19s. in re-
duction of the loss sustained last year.
With regard to the corn market at Birmingham
Mr' W. C. B. Cave states as follows :—Weather
doring the week has been most brilliant, with a
igh range of temperature. The wheat plant in this
district is generally in bloom, and looks exceedingly
healthy, although in some fields rather thin on the
ground. The bulk of the hay crop is now
secure, and considered to be above an average.
Root crops and pastures were wonderfully benefited
by the late rain. The corn trade during the week
has been influenced by fine weather, and also by
liberal arrivals of foreign wheat, with more pressure
to sell parcels of stained and sprouted English. At
day's market, although the supply of fine
En days
wheat was small, it proved equal to the
demand, and sold at fully last week's quotations.
"We are requested to publish the annexed :—" The
following advice has been received by the British and
American Telegraph Company (Limited), from the
lion. P. Mitchell, one of the directors, and a member
of the Cabinet of the Confederation of the Canadian
States I have much pleasure in communicating
to you the fact that I got a bill passed through our
New Brunswick Legislature authorising the con-
struction of a telegraph line from point to point in
our province, so as to communicate either with the
United States, Nova Scotia, or Canada, which will
place our line independent of existing lines." The
company have also obtained, after considerable
opposition, an act for Nova Scotia, conferring
similar privileges.

At posent.

Two O'CLOCK.
There is very little animation exhibited in the
tnglish Stock Market, and owing to the paucity of
business prices show less firmness. Consols have
receded being 94/ 95 for money and account.
The New Threes: are 94 -I; Reduced Annuities,
; Exchequer Bills for June, 21s. to 245. pm. ;
India Stock, 216 218 ; ditto 5 per Cents., 110/
1111 ; ditto Enfaced 5 per Cents., 1031 ; ditto
-bonds, 61s. to 655. prem.
v Business in the Foreign Stock department con-
r,lnues very inactive. Italian. 5 per Cents., 501 ;
12"-urkish 5 per Cents., 34 ; Spanish Passive,
; Certificates, 151 1 ; Cbilian Scrip f, I
I,lre nl .
; and Mexican 16k. United States 5-20
80
li°nds are 73i ; Erie Shares, 45 ; and Illinois,

I\liscellaneous and Finance Shares continue very
ue.pressed Anglo-American Telegraph having de-
nellned to 184, and Atlantic Telegraph 8 per cents.to
; Credit Foncier of England are steady at ;
and Viceroy of Egypt's Mortgage Loan at 66k.
very limited amount of business has been
ttrans
acted in the Railway Share Market, and a fur-
err downward movement is perceptible in values.
Great Western and Lancashire and Yorkshire have
each declined ; Great Eastern, Brighton, and
North West er
Ldland each ; and South Eastern, ;
n have improved if ; and Great
Northern A Stock,
The Foreign and Colonial lines show no change of
Importance. Antwerp and Rotterdam are flat at
„Brand . Bahia and San Francisco arc marked 12i ;
- Trunk of Canada 17 ; East Indian 1074 ;
and Great Indian Peninsula 106.1 1071.
IBank Shares are very dull. London and West-
luoster have further receded to 1054 ; Chartered
.alu‘cantile of India, London, and China to 27i-.
Alliance however have improved to 14 141 ; and
aion of London to 42.