The Sun.
London, England, 1867-08-09 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCR,

TWELVE O'CLOCK.

The Money Market remains in a very easy posi-
tion, and there is no alteration to report iu the
general number of inquiries for accommodation, or
in the terms upon which it is supplied.
No gold operations of importance took place at
the Bank of England yesterday.
The return from the Bank of England for the
week ending the 7th August gives the following re-
sults when compared with the previous week :
Th.st £3,399,455 Increaso £37,879

Public deposits
Other deposits

... 5,189,684 ... lucrease 291,533
... 19,856,932 Decreaso 736,885

On the other side of the account :
Government securities £12,812,373 ... Decrease .£15,400
Other securities 16,763,303 Decrease 559,154
Notes vneinployed 12,699,355 ... Increase 1;:7,050
The amount of notes in circulation is 124,343,480,
being an increase of £160,520 ; and the stock of
bullion in both departments is £23,255,564, showing
an increase of £329,111 when compared with the
preceding return.
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 :

At present. Same week
last year.
Bank bullion ... £23,255,564 £13,622,429
Notes in reserve... ... 13,912,084 3,580,229
Notes in circulation 24,313,430 ... 25,042,210
Rao of discount ... 2 per cent. ... 10 per cent.
Price of Consols ••• 94f ••• 871

Tho Bank of France return for the past week
shows the following changes, viz.—an increase in
the cash of £700,000, in the private accounts of
£480,000, and in the advances of £26,640 ; while
there has been a decrease in the notes of £840,000,
and in the Treasury balance of £2,000. The bills
discounted remain the same as last week.

At the meeting of the shareholders of the Tele-
graph to India Company the proceedings of the
meeting held on Friday, the 12th July last, with
reference to the agreement between the company
and the Telegraph Construction and Maintenance
Company, were confiimed. The usual dividend of
5 per cent. per annum was also declared.
Atlantic and Great Western Railway debentures
have declined 1, to 251 261, but the Consolidated
Mortgage bonds remain steady at 22 23.
In the foreign and colonial produce markets dur-
ing the last few days there has been very little ani-
mation. Only moderate quantities of sugar have
been brought forward, but prices remain steady.
Superior qualities of coffee have found ready pur-
chasers at full rates, and the public sales of China
tea have progressed at steady prices, a few superior
qualities selling at a slight advance. In rice the
dealings have been to a limited extent, and in tallow
no material alteration can be reported in the quota-
tions current for present or forward delivery.
The cotton report of Messrs. E. B. Liddell and
Co., dated Alexandria, 27th July, 1867, states that
" the only transactions we hare to report since our
last of the 19th inst. are about 700 canters of low
stuff for the continent. The following quotations
nominal :—Good middling, llid. f. o. b. ; fair to
fully fair, 13,id. toll4d. do. ; good fair, 151 d. do.
With regard to cereals, the telegraphic news from
Europe to hand daily since our last of the 19th
produced a strong feeling in our market, and prices
in favour of sellers till the 26th, when buyers were
not disposed to pay the previous rates, and the
Market closed a shade lower. To-day's prices were
firm, at a decline of ls. from the highest point for
Saidi wheat. The transactions daily have been to
a fair extent, and supplies cleared out as they come
to hand. Quotations :—Beans, Saidi, 295. 6d. per
4801b5., f.o.b. ; ditto, Behera, 28s. 3d., ditto ;
wheat, Saidi, 425., ditto; ditto, Behere, 395. 9d.,
ditto; barley, 235. 9d., ditto."
With regard to wheat, Mr. Cave, of Birmingham,
remarks as follows :--" Until Monday evening
Weather in this district continued fine but sunless.
Monday night we had heavy rain ; Tuesday showery,
With more rain at night ; Wednesday and to-day
mostly fine. On the whole it is very unfavourable
for harvest operations, and sadly retards the ripen-
ing of the corn crops, while farmers are looking
most anxiously for some hot sunny weather. Wheat
trade during the week has been limited to present
equirements, and buyers operate with much caution.
'-this may partly be accounted for by the small de-
'nand for flour, and also by the present unremune-
rative state of the trade, while the supply of far-
mers' wheat has somewhat increased, arrivals of
foreign continuing liberal. At this day's market
there was a better show of English wheat, for which
there was a fair demand, more especially for picked
samples, which fetched an advance of is. per qr. on
the prices of last week.

Two O'CLOCK.

According to Reuter's telegram from Paris to-
day, the French Rentes were 69f. 35e. Inanimate.
Under the favourable influence of improved
'Weather, satisfactory intelligence from the agricul-
tural districts, better accounts from the principal
manufacturing towns in the Midland and North-
Western counties, larger traffic receipts on the
leading lines of railway, more shipping business,
and a demand for really good investments, the
British funds are firmer. Consols, notwithstanding
their recent advance, are again 1 per cent. higher,
viz., at 941 for money, and 94i Z for September.
Foreign Stocks continue buoyant. Chilian scrip
has advanced to 21 dis. ; Italian 1, to 484 49;
Greek, 1, to 131 4 ; Spanish Passive, I, to 211 ;
the Certificates, to 161 i ; and Turkish five per
Cents, 1, to 304 31 ; while Mexican remain firm at
151*.
The New Threes and Reduced Annuities are 941
11; Annuities, 1885, 12 15-16, 13 1; Exchequer
13 ills, March, 255. prem. ; Bank of England Stock,
260 ; India Stock, 220 222 ; and ditto 5 per cents,
1121 113.

Continued firmness prevails in the Railway Share
Market. Midland have further advanced 1 ; Great
Eastern, Great Northern, and London, Chatham,
4,11 d Dover each / ; Manchester, Sheffield, and
,4-40eoln, ; and Great Western, 1 ; while North-
`Vestern have receded 1, and South-Western 2.
In the Foreign and Colonial lines the dealings
b 470 been
to a fair extent. Great Luxembourg
1.470 nced to 101 ; South Austrian and
'-'oolbardo-Venetian remain at 15 ; Great Western
1:1 Canada, at 141 15 ; East Indian, at 1081 109 ;
44d Great Indian Peninsula, at 1074 1081.
American securities are depressed. Erie shares
h 470 declined 11, to 44/ 451 ; and Illinois 1, to 76/
77 ; but United States are 11 better, at 73! 74.
A,;Rank Shares are very inactive. London and
estrainster have further declined to 85 88 ;
tlioo of London to 391.
aliscellaneous and Finance shares are also at
4104 nominal values. Credit Foncicr of England
areL marked 3 3-16 ; City Offices, ; Imperial
f
Company of Marseilles 12/ dis. ; and Viceroy
'-'gypt's Mortgage Loan 67.

AIINING MARKET.
FRIDAY AFTERNOON.
Al3llMrles in the market has been very inactive.
, s
of fair demand, however, has prevailed for Prince
Wales and West Chiverton. Annexed are the
Qtlrrenf
Uhl quotations :
euiliritrttioeus
cliookior ' 4; 41 North Troskerby
41 41- Prince of Wales... 56s 58s Opt
ABt.ir,kl Amalgamate 6 61 Providence Mines ... 25 27
I.lAst "4ssot
:Imt ()oration ......... 5 5} Tincroft —
}4q ,L,urkAl ............ 61 7 West Chiverton 63 65
(4,, ,i‘tissell ......... 1 li West P. of Wales ...
Orr""
l'aZoy ......... 16 17 Wheal Basset
(;,.(!tt lt±tallick
114 W1i03.1 Vox. ... 16 17 Wheal Chiverton 6l 7
Nortc,'' Valley .. ,q- 44 Wheal Grenville lOs 12s 6,1 'I Crofty ................ 31 31 Wheal Soton

BRITISH FUNDS—TWO O'CLOCK.
3 40 v.tRISMENT FUNDS.
P3r u.
t) vat. Consols
a 14.,...-A.ccount, Sept. 10
New ,uent. Reduced 94i 1 N • - Per c t
94i- * i
to.2?i Per Cont.e Jan. 1894 —
44,,uit1, yer Ceut. Jan. 1873 —
1)0 1,-_B, 30 yrs, expire sth Jan., 1880 —1),,,/,',' 30 yrs, expire sth April 12 15-16 131
-.% ,ed Sea Telet,raph), Auo., 1908
March.

Lte4Nikor Lille, £l,000
ho
£5OO '2s pni
t )°• £lOO & £2OO — pin
1-1 k of England Stock, 51 per Cent .„ 200
I)°'
gland