The Sun.
London, England, 1867-07-06 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCI,

TWELVE O'CLOCK.

The condition of the Money Market remains un-
changed. The inquiries for accommodation are
very moderate, and the sales merely nominal. With
regard to this subject the Bull/mast states as fol-
lows :—" The 4th has passed over satisfactorily,
and now we are approaching the period for the pay-
ment of the dividends. It is almost certain that we
shall have the rate of money 2 per cent., and that it
will rule at a moderately low price for some time to
come. There is no disposition in any quarter to
enter into loan transactions, and it is quite
evident the encouragement of industrial en-
terprise will be limited to the soundest
undertakings. Every one acknowledges that
there is the greatest difficulty imaginable in carry-
ing out financial operations of any kind. Several
large engagements have been attempted within the
last three weeks or month, but after every endea-
vour the negotiations have failed. A very different
state of things will have to exist before an effective
movement can be made with any such operations.
The supply of capital is superabundant ; the terms
for short dated paper rule from 21- to 2k per cent.,
and it is said some of our great mercantile houses
have taken in picked bills at 1i and 2 per cent.
Of the enormous amount of money that will be
available there can be no doubt ; the great question
is the character of the channel into which it is likely
to pass."
The specie movements during the past week have
again been of a rather extensive character as re-
gards the imports, which have amounted to about
£434,534, including £ll,OOO from New York by
the City of Washington, £35,000 by the City of
Antwerp, £lOO,OOO by the Bremen, £12,400 by the
Cimbria, and £35,000 by the Cuba. The Seine,
from the Brazils, has brought £143,560; the Cala-
bar, from the West Coast of Africa, £lO,OOO ; the
Celeono, from New Zealand, £13,500 ; the China,
from Alexandria, via overland from Calcutta,
and China, £7,464. £42,000 in silver has been
received from Turkey, £3,750,fr0m Portugal, and
£20,860 from the Continent.

The exports have comprised £677 to the East
Indies and China, by the Nyanza; £9,366 in silver
has been despatched to Sweden, and there have
been remittances to the Continent, through private
sources, estimated at £B3,ss6—the total amounting
to £93,599.

Gold, to the amount of £lO,OOO in bars, and
£30,060 sovereigns, were received at the Bank of
England yesterday.
The tenders for the Tasmanian Government 6 per
cent. loan were opened to-day at the Bank of New
South Wales. The sum allotted was only £l,OOO,
the remainder of the applications being below the
fixed minimum price of £95. The balance of the
loan (£91,300) is to be kept open.
Atlantic and Great Western Railway Debentures
remain steady at 30.32, and the Consolidated
Mortgage Bon3s have advanced k, to 24! 251-.
The directors of the General Credit and Discount
Company, who by the articles of association are
authorised at any time after the 30th of June to
pay such sum, not exceeding 5 per cent. per annum,
ou account of dividend as they may think fit, have
decided to pay, on the 22d of July, at the rate of
5 per cent. per annum for the six months ending
the 30th of June.

Two o'CLocK.

A firmer tone prevails in the market for the
English funds. Consols show an advance of i per
cent.

The New Throes and Reduced Annuities are 931
; Exchequer Bills for March, 235. to 245. prem;
for June 20s. to 245. prem ; India Stock, 216 18 ex
div ; India 5 per Cents., 110} ; and ditto Bonds,
575. to 625. prem.
In the Foreign Stock Market business has been
very. restricted. Italian are 48! 49 ; Mexican,
IGi ; Greek, 141 ; Spanish Passive, 231 ;
Certificates, 15} ; and Turkish 5 per Cents.,
30j 31k.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
3 per Wilt. Consols
Do. Account, July 10
3 per Cent. Reduced 931 4 4
New 3 per Cent 93 4 14
Nev 21 per Cent. Jan. 1894 —
Do. 5 per Cent. Jan. 1873
Annuities, 30 yrs, expire sth Jan 1880
Do. for 30 yrs, expire sth AprelBBs —
Do (Rod Sea Televaph), Aug., 1908 —
Exchequer Bills, £l,OOO
Do .£5OO —pm
Do. £lOO & £2OO 24 23 21 pm
Bank of England Stock, 51 per Cent
Do. Account

March. June.
20 23 pm

INDIAN GOVERNMENT SECURITIES.
Indian otock, 101 per Cent., AprillB74 216 218 xd
Do. Account
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Enlaced Paper 4 per Cent
Do. 5 per Cent., Jan. 1872
Do. 51 per Cont., May 1879
Do. Deb., 5 per Cent., Aug. 1873
Do. Bonds, 5 per Cent., Xl,000
Do. under Xl,OOO
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 por Cent
Austrian Bonds, 5 per veut, 1859 —
Brazilian 5 per Cent
Do. 41 per Cent., 1852-58-60
Do. 1863
Do. 5 per Cent., 1865
Do Account 744
Do. £lOO Bonds
B lenos Ayres 6 per Cent
Do 2 per Cent. (Deferred 3 per Cent )
Callan 6 per Cent __ -,.,
Do. 44 per Cent —
Do. 6 per Cent A .
Do. „ B —
Do. „ 1867
Do. „ Scrip, X4O paid — par
C3b mbian, 6 por Cent.
Cuba, 6 per Cent. —
Danisti-8 nor Cent., 1825 ---
D). 5 per Cont., 1864 ~..
D ,nubian Principaliti 3P, 7 per Cent
Do. Do. 8 n 1867
Do. Do. Scrip, £5O paid die
E wader New Oonsolidated, 1 per Cent —
figyptian 7 per Cent B2l
Do. Second Issue
Do. £lOO Bonds
J. Do. 1864 BO 4
Do. .£lOO Bonds Bl
Do Government Railway Debentures BO.
Greek 5 per Cents., 1824-b, ex Coupons
Do. Account
Do. Coupons
Do. Account
Guatemala 5 per Cent . —
It ilian 5 per Cert 1865
Do, Account ~
Do. Maremmana Railway —
it iaican 3 per Cent —
Ditto for Account
On. 1864
Do 6 per Cent. Anglo-French
Montovidoan 6 per Cent. .. _
Moorish Imperial 5 por Cent
New Granada _
Do 3 per Cen . ......
Do. Deferred
Do Land Warrants (hectares)
Pe 7nyian 5 per Cent 1865
Do Account 651
Do 4 per Cent., 1865
Do 4 per Cent. (Uribarren)
I
Do 4 per Cent., 1862
Do Account
7R
Portuguese 3 por Ct., 1853, '6, '7, '9;60,1;3 —4
Russian 5 per Cent., 1822, X St B7
Do 4i per Cent. 1850
Do 41 per Cont., 1860
Do 3 par Cent., 1859
Do 5 tier Cent., 1862 B7l 7 1
Do. 5 por Cent., 1864 —
Do. Anglo-Dutch 1866 864 7
Do. do £6O paid — pm
Sardinian 5 per Cent
Spanish 3 per Cent .... —
Do Account
Do Now Detected —
• Do. Account
Do Passive —
Do Account 234
Spanish Com. Cert. of Coup.
Do Account
Turkish 6 per Cent. 1854
Do 6 per Cent. 1858
Do. Account
Do £lOO Bonds
Do 6 per Cent. 1862
Do Account 56
Do £lOO Bonds s6}
Do. 1863
Do. 5 per Cent, 1865 —
Do. Account, July. 331 1
Do. 6 per Cent., 1865
Do. 4 per Cent. Guaranteed -
-Venezuela,, 3 per Cent —
Do. Account
Do. 6 per Cent., 1862 —
Do. 6 per Cent. 1864
Dividends on the above payable in London.
A.USlrlttil 0 par Cent. Ex, 10 Florins ...
D
Belgian, 44 per cent., Ex. 23f. •
utch 23t per (lent. Ex. 12 Gull —
Do- 4 'per Cent. Certificates - —
Fretiolt uute .
si 3
per Cent., Ea. 251. —