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

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

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. Tho 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 the 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'CLocK.

According to Reuter's telegram from Paris to-
day, the French Rentes were 69f. 20c. Rather firm.

The wet weather, the firmness of the corn market
yesterday, the limited attendance, and the indispo-
sition generally evinced 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 94f for
money, and the impending settlement, and 94; 1
for the September account.
Tho New Threes are 931 f 4 ; Reduced Annui,
ties, 94 3f ; India Stock, 222 ; ditto 5 'yer
Cents., 112 f ; ditto 4 per Cents., 1021 ; Ciitto
£l,OOO Bonds, 704. pm. ; and ditto Bonds under
£l,OOO, 655. pm.

No animation has been apparent in the Foreign
Market, but Italian, Spanish Passive, the Certifi-
cates, and Greek Bonds have advanced, and
Mexican have remained very firm. Italian are
48i ; Spanish Passive, 204 21; ditto Certificates,
16 4 ; Mexican, 15} 1 ; Greek, 13 1 ; Turkish
Fives, 301 ; 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 i; Midland and
North Eastern (Berwick), 1 ; and Great Northern
A Stock, 2; while Lancashire and Yorkshire have
declined I ; and South Eastern, 1.
The Foreiqn and Colonial lines show little
change of importance. Dutch Rhenish are marked
2,4) Great Luxemburg 101, Grand Trunk of
Canada 16 East Indian 108} j, and Punjaub 991.
American Securities have in some instances shown
re firmness, Erie shares having receded 1 to 431
; United States 5-20 Bonds remain steady at
7!i 731 ; and Illinois shares have improved 1, to
u 77 ; Atlantic and Great Western Consolidated
xt -Aortgage Bonds are quoted at 22i.
Bank shares are very quiet. Imperial have de-
clined to 184 ; Union of London, to 38/ 39i ;
County,
are marked 8 7-16 ; London and
55 ; and Oriental Bank Corporation, 424.
Miscellaneous and Finance shares continue very
depressed, with the exception of Atlantic Telegraph
° Per Cents. which have improved to 75. Madras
Ligation have declined to 100 ; Viceroy of
oppt's Mortgage Loan to 674 ; and Credit Foncier
re England to 31. Anglo-American Telegraph
Icahl steady at 17i 18 and Royal Mail Steam
at 87.

MINING MARKET.
TUESDAY AFTERNOON.
Itt the market business has remained very quiet,
4a •
te,. 111 a few instances quotations are a shade flat-
,e,_`; Prince of Wales, North Crofty, and West
Chiverton, however, have maintained former rates.
e4.nelecl are the current quotations :
Q(-, overt°ll Moor 4l 41 North Treskerby
4441.108 Gold
Eagt°„r4 Amalgamate 54 61 Providence Mines ...
Ea 'asset l4 16 South Condurrow... lls 13s
Eft4 'asset
Tincroft l2 121
-,, Lovell 661 West Chiverton 63 66
ik.:atat ltussell
''' at Iv,
(ire Oat Grenville Wheal Basset... 7O 724
Great Lax.o3,
154 164 Wheal Bailer
kat \\:,:neal Vor l6 17 Wheal Chiverton 7 74.
llortiAe °valley 4l 41 Wheal Grenville 12s 6d los
rofty

BRITISH FUNDS—CLOSING PRICES.
5 Plr OOVERNMENT FUNDS.
1) i ,
•
-eat• Consols
i
8 1). Account, Aug. 8 941
41:er Cent. Reduced 94 31
ll' 3 Per Cent " 931 1 4 3}
Bto, Maxon. June.
'killer Bills, £1,000
14(lia' „11701.i..N GOVERNMENT SECURITIES.
222 20
j)-" otock, loi per Cont., AprillB74.
_
°: ;A•ecount
112
Do.
~° Per Cent. July, 1880
100
)3 '' Per cent., Oct. 1888
bo°:
beertificates
81
Do. '4,11-faced Paper 4 per Cent
" Per Cent. Jan. Jan. 1872
Ar I'REIGN. FIrnDS—CLOSING PRICES.
A Renting
_
~-leit • Ile Republic, 6 per Cent
4.44z7.111 Bonds 5 per year,. 1859
b(';:d,4 6 per bent _
Per Cent., 1852-58-60
0b bk 0. .1
1863
bp. A" Per Cent., 1865
Q(.l4.ecount
-1),-:,-1' 6 Per Cent
• 41
0 .
j 0 Per Cent —
,)." Per Cent A .
o. 1, 11
Ilouo. " 1867 821
ktllttli
gll IL Scrip, £5O paid 2l dis
.•e °Per Ct 1853, '6,7, '9' '60,'2,'3 391 i
b
Pift
ol n 5 .
Per Cent., 1822, X 61 B6
be 3,i Per Cent. 850
Per Cent.,l 1860
Lo 6. 1 Per Cent., 1859
Per Cent., 1P.62
,0. 1864
'''''). Anglo-Dutcb, 1866 Bst i 5 1
44 Do
thistrlkzi • Do. XBO paid I dis
. ' 0 Per Cent. Ex 10 Florins
1) RIAII ai
Iltoh ~,./ cent., Ex. 25f.
~
ItDo 'c} per Cent. Ex. 12 Gull., sl}
r0,,,,,:l Per Cent. Certifi t 8 -ii
ItliLasi Relltee, 3 Der Cent., Ex. 251. —l
o• Cent. 1861, Ex. 251.
count
Coh
THREE O'CLOCK.
"sols, It
bo, A °IIGY
eeOlUt All rni ;2
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