The Sun.
London, England, 1863-09-16 00:00:00

ITONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE CLOCK.
_ There has been a T;ery good demand fora
ccommo-
d_a,tion today in the general discount market, where
Per cent, is now the ordinary charges, with a
few transactions at 31 per cent.
About 1;37,000 in gold was taken into the Bank
yesterday.
Tz e supply of Mexican dollars brought by the
Shannon have been sold at ss. 3d. per oz.
The car,iital necessary far carrying out the Atlantic
Telegrap h enterprise in the best manner has now
been provided. Tendrirs and specimens from eight
Contractors have been received in reply to the
e":ll)anY's advertisrmert. These were all
hii sub-
tte, to the Scientific Committee appointed
113' the directors, and consisting of Captain Galton,
R.E., Profess(); Wheatstone, Professor Thom-
son, Mr. W. Fairbairn, and Mr.Jo'seph Whitworth.
This committee have sent in their report, unani.
piously recommending the board to accept the tender
of Messrs. Glass, Elliot, and Co. The directors
have accordingly accepted Messrs. Glass's tender,
and entered into a contract with that firm, whereby
th 9 latter are bound to manufacture a cable of the
beat description to be approved by the Scientific
Committer) and the board. They also undertake to
lay the cable across the Atlantic in 1864. The
Manufactuxe of the cable has already commenced.

Two o'CLocK,
At a special meeting to-day of the shareholders
of the English, Belgian, and Netherlands Bank, a
resolution was unanimously agreed to for amalga-
mating the institution with that of the Union Bank
of England and France. The name of the new insti-
tution is to assume is the European Bank, Limited,
Possessing a capiftAl of £2,000,000, divided into
shares of £5O each. The chairman, MrMacnaughten,
stated that as both banks were to have operated in
the same field, there would be a great saving of
expenses representing somewhere about £5,000
at the outset, and about £lO,OOO a year after-
wards, with the influence of the two Boards
united and a combination of capital. The
I'loll Bank of England and France was trans-
acting a good business, and contemplated an-
110"eing a dividend. The expenses of the English,
Belgian,
and Netherlands Bank amounted to
7,500,. about £5,000 of which was for promotion
.wonev.
There has been a decline this morning in the
English Funds, amounting to about 1 per cent.
'hie retrograde movement has been caused by a few
!a:es) which at the present time, when so great
inactivity prevails, are sufficient to influence the
Tletations. The principal attention of the mem-
bers has been engaged with the settlement of the
aec°tint. Consols are 931 for money, and 931 a for
the account. The New Threes and Reduced are
o
fi India 5 per Cents., 108 1 ; do. 51 per Cents
p
dO,
Bounds,
Paper, 1171 ; do. Debentures, 994 100
17s. to 20s. prem. ; and Exchequer Bills,
3s. prem.
Foreign Securities have not been very active, and
Prices have been tolerably well supported. Turkish
R
Per Cents., 1862, are 711; do., Consolides, 531 ;
'exican, 441 a ; Spanish Passive, 36L,5,- e ; do., Cer-
tificates, 141 141 ; Greek, 37 381; do., Coupons,
18 181; Portuguese, 491 ; Peruvian, 881; Rus-
sian, 938 ; Italian, 721; and the Confederate Loan,
46 to 24 discount.
Business in the Railway Market has been dull,
o'it in some instances prices have shown a firmer
tone. Great Northern, Brighton, and Metropolitan
have each improved Ss.

The Foreign and Colonial lines remain without
Material variation. Recife and San Francisco,
Lowever, have improved to 191 199, and Soinde
to 1081.

Bank shares, in some instances, are also at en-
hanced rates. City Bank realised 111 112; London
4nd Buenos Ayres, 461 47 ; and Union of Lon-
dan, 391.
In the Miscellaneous Market Crystal Palace
Ft.°ek has declined to 371. General Credit and
Peel
auce are: quoted 41; London Financial, 13; and
eel River Land, 48 49.

BRITISH FUNDS—CLOSING PRICES.
13abli.. Stock
g per Cent. Reduced Annuities
XPer Cent. Consols Annuities
et. 3
92k 2
iie per Cent. Annuities
:„, D. per Cent. Annuities
5 " '4 per Cent. Annuities —
Per C'etit. Annuities
unties, 30 yrs, expire bth Jan., 1880 —
1.,'-'itto for 30 Yr s: expire sth April, 188.5 —
h I '440 (RStocked Sea Telegraph), Aug. 1908 2l 1-16 k
..
Ditto 5 Pet Cent
it'tl:7,...E,nfaced Paper, 4 per Cent. • • • • • 98i
pith.,
fr 5 per Cent
,tto Ri
b -I per Cent
ebentures, 4 per Ct., Oct„ 1863 59k
li'Ltto ditto April, 1864 100
b., Ditto ditto Aug. 1864 or 66
))'lr :Bonds £l,OOO 2O
11tto under .£1,000
1.:0,7' Stock for Account
80
/qd. Is for Account, Oct. 8 931
Each Stock for Account, 5 per Cent —
b-Nu B. £l,OOO, 21 per Cent par 3pm
itt er ills'
Lit° £5OO
tOl- Small
1.,441.:4::R5E1GN FUNDS—CLOSING PRICES.
"'Ada Bonds, 5 per Cent
13),_ Ditto 1859
_
Per Cent
iji.tt°) 1839 and 1859
ittc
bitt 1843
.
N. 04/ per Cent., 1852-58-60
e°B Ayres 6 per Cent
e,
I.!tto 1
r, per Cent. (Deferred 3 per Cent.)
D)Slart 6 Per Cent. —
a i.tto 41
apish , 1 per Cent.
tit, .. per Cent., 1863
D ".„' 3 per Cent., 1825.. . —
- cu, 21 per Cent , Ex. 12 Guilders
i,ltclor New ConsOlidated, I per Cent —
E
-unto, Proyisonal Land Warrant —
ijPtiall 7 per Cent —
Greek itto, Second Issue-
1: 5 per Cent., 1824-5, ex-Coupons.. 38
-1,4t0 Account ,
..
y.itto Coupons 18
C.tto Account lBl I
lan 6 per Cent. (Me.remmana Railway)
"I
~it can 3 per Cent -
Ai to Account...
44
.e..!? Granada..
iiiittttooD2epfeerrreGdent.
14 Ditto Land 'Warrants (Hectares)
' ertivian 3 par Cent. ..
Ditto Account
Ditto 41 per Cent., 1862
~. Ditto Account
'ortugu'ase 3 per Cent., 1853 -
Ditto Account....
Ditto 3 per Cent., 1856, '7, '9, '6O, 62 49/ k 1 / 9
DU' 0 Account
4 '

Vas iau, 5 per Cent., 1822, £ St —
Ditto 4; per Cent 1850
Ditto 3 per Cent., 1859
, Ditto 5 per Cent. 1862
_
''artiinian. 5 per Cent
Ditto Account
•argalliph 3 per Cent
--
bitto Account
I)itto New Deferred — _
4itto Account
361
Ditto Passive
t,
Xlitto Account 7 6
36
Illanish Cert. of Coup not funded
14a
~ Ditto Account
i'arkish 6 per Cent. 1854
_
Ditto Account _
Ditto 6 per Cent. 1858
Ditto Account —
Ditto, £lOO Bonds —
1 -Ditto 6 per Cent. 1862
)itto Account ..................
Ditto 6 per Cent. 1863, £l9 1.65. 8d pd. 71i
Ditto Gueratteed, 4 per Cent. ...
Venezuela 3 per Cent.
...-
:Ditto Account .... ............
DDitto 6 per Cent., 1862-
itto Account
Dividends on the above payable in Lundon.
Belgian 4i per Cent., E. 25f. -
Dutch 2; per Cent., Ex. 12 Gull
Ditto 4 per Cent. Certificates
French Rentes, 3 per Cent.. Ex. 251
5 per Cent., 1861, Ex. 25 francs —
I)itto Account.
THREE O'CLOCIi..
Consols, Money
93a t
Ditto Account ..

Liverpool Cotton Market----This Day.

(REUTER'S TELEGRAMS.)
orSi Mill advancin
g Sales, about 20,000 bales.. Mid
6,654. arls) aboUt 270. Imports, 2,218; previously,

SPog,
~NG, is
newspaper 4 60 much the t,
rage in Paris that the
to
England
"P"t•ti'lg la is
intends to devote a daily
'' rEtricein" 'clildino• quotations of betting in n