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

MONEY MARKET

AND
COXMERCTATA INTELLIGENCE.

CITY, TWELVE O'CLOCIL
There has been a very good demand for accommo-
dation today in the general discount market, where
3y per cent. is now the ordinary charges, with a
few transactions at 31; per cent.
About £37,000 in gold was taken into the Bank
yesterday.
Tie supply of Mexican dollars brought by the
Shannon have been sold at ss. 3d. per oz.
The capital necessary for carrying out the Atlantis
Telegraph enterprise in the best manner has now
been provided. Tenders and specimens from eight
Contractors have been received in reply to the
company's advertisement. These were all sub-
mitted to the Scientific Committee appointed
by the directors, and consisting of Captain Galton,
R.E.I Professor Wheatstone, Professor Thom-
SON, Mr. W. Fairbairn, and Me.joseph Whitworth.
This committee have sent in their report, unani.
Monsly 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
the latter are bound to manufacture a cable of the
best description to be approved by the Scientific
Committee and the board. They also undertake to
lay the cable across the Atlantic in 1864. The
Manufacture 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 capitAl of £2,000,000, divided into
shares of £5O each. The chairman, Mr Macnanghten,
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
Union Bank of England and France was trans-
acting a good business, and contemplated an-
nouncing a dividend. The expenses of the English,
Belgian, and Netherlands Bank amounted to
£7,500, about £5,000 of which was for promotion
Money

There has been a decline this morning in the
_English Funds, amounting to about 1 per cent.
This retrograde movement has been caused by a few
,a:egy which at the present time, when so great
inactivity prevails, are sufficient to influence the
quotations. The principal attention of the mem-
bers has been engaged with the settlement of the
account. Consols are 931 for money, and 931 1 for
the account. The New Threes and Reduced are
.92 ; India 5 per Cents.. 108 1 ; do. 51 per Cents
0
4-411 faced Paper, 1171; do. Debentures, 991 100 ;
do. Bonds, 17s. to 20s. prem.; and Exchequer Bills
par to 3s. prem.
Foreign Securities have not been very active, and
Prices have been tolerably well supported. Turkish
6 Per Cents., 1862, are 711 ; do., Consolides, 538 P ;
Mexican, 441 4 ; Spanish Passive, 36a ; do., Cer-
tificates, 141 141; Greek, 371 381; do., Coupons,
18 181 ; Portuguese, 491 1 ; Peruvian, 881; Rus-
sian, 931 ; Italian, 721; and the Confederate Loan,
26 to 24 discount.
Business in the Railway Market has been dull,
bat in soma 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,
however, have improved to 191 194, and Scind®
to 1081.
Bank shares, in some instances, are also at en-
hanced rates. City Bank realised 111 112; London
and Buenos Ayres, 461 47; and Union of Lon-
don 391

In the Miscellaneous Market Crystal Palace
Stock has declined to 371. General Credit and
Finance are quoted 41 ; London Financial, 13; and
Peel River Land, 48 49.

BRITISH FUNDS—ONE O'CLOCK.
Batik Stock _
3 per Cent. Reduced Annuities
New Cent. Consols Annuities
92k 3 per Cent. Annuities
New 31 per Cent. Annuities
11:. eut 2i per Cent. Annuities
0 per Cent. Annuities
411nuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 —
, Ditto (Red Sea Telegraph), Aug. 1908 2l 1-16
India
to 5 p stock
Ditet Cent
Ditto Enfaced Paper, 4 per Cent ..
Ditto 5 per Cent
Ditto 51 per Cent
1171
Ditto Debentures, 4 per Ct., Oct„ 1863 99/
Ditto ditto April, 1864 100
Ditto ditto Aug. 1864 or 66
Ditto Bonds £l,OOO 2O
Ditto under £1,000..
Bank Stock for Account
Consols for Account, Oct. 8..
India Stock for Account, 5 per Cent —
achequer Bills, £l,OOO, 21 per Cent par 3 pm
Ditto X5OO
Ditto Small

FOREIGN FUNDS—ONE O'CLOCK.
Austrian Bonds, 5 per Cent
o
Brazilian 51 per Cent 1859
Ditto, 1839 and 1859
Ditto 1843 ..
Ditto 41 per Cent., 1852-58-60
Buenos Ayres 6 per Cent
Ditto 1 per Cent. (Deferred 3 per Cent )
Chilli:tn. 6 per Cent.
Ditto 45 per Cent.
Danish 4 per Cent., 1863
Ditto 3 per Cent., 1825.
Dutch, 25 per Cent., Ex. 12 Guilders
Equador New Consolidated. 1 per Cent —
Ditto, Provisonal Land Warrant
tgyptian 7 per Cent
Ditto, Second Issue- • ..
Greek 5 per Cent., 1824-5, ex-Coupons.. 37.1
Ditto Account
Ditto Coupons lB
Ditto Account IBA
Italian 5 per Cent.(Maremmana Railway)
11exican 3 per Cent
Ditto Account 444 541
Moorish Imperial 5 per Cent
New Granada
Ditto 2 per Cent.
Ditto Deferred
Ditto Land Warrants (Hectares)
Peruvian 3 per Cent.
Ditto Account
Ditto 45 per Cent., 1862
Ditto Account
Portuguese 3 per Cent., 1853 .... ---
Ditto Accounr....
Ditto 3 per Cent., 1856, '7, '9, '6O, 62.. 494
Ditto Account
Russian 5 per Cent., 1822, St
Ditto 41 per Cent 1850.. .
Ditto 3 per Cent., 1859
Ditto 5 per Cent, 1862
Sardinian 5 per Cent ..
Ditto Account
SPanish 3 per Cent
Ditto Account
Ditto New Deferred
-Ditto Account
Ditto Passive
Ditto Account
Spanish Cert. of Coup not funded
Ditto Account l4i
Turkish 6 per Cent. 1854
Ditto Account..
Ditto 6 per Cent. 1858
Ditto Account
Ditto, £lOO Bonds
Ditto 6 per Cent. 1862
Ditto Account 714
Ditto 6 per Cent. 1863 £l9 16s 8d
Ditto Guaratteed, 4 , per Cent pd.
Venezuela 3 per Cent.
Ditto Account ...
Ditto 6 per Cent., 574
Ditto Account
Dividends on the ..... ;;;;L:idninsL9olnaon.
Belgian 44 per Cent., Ex. 25f. Dutch 25 per Cent., Ex. 12 Guil ********
Ditto 4 per Cent. Certificates
********* --
French Relates, 3 per Centa. E *******
Italian, 5 per Cent., 1861, Ex.2:s2l!anf"C;. *iJitto *
Account ....1861,
724
consoist Money TWO O'CLOCK.
.............
Ditto Account ...................... 93i a

Liverpool Cotton Market—This Day.

(REUTER'S TELEGRAMS.)
Still advancing. Sales, about 20,000 bales. Mid.
urlea,"
6,664. about 27V. Imports, 2,218; previously,

Spoital
n""Pfil3,llG is so much the rage in Paris that the
Bportitc_
aoinc :
''' ranee intends to devote a daily column to
Acesincluding quotations of betting in England

Share; Railways.l raidi Closing Business
Price. done.