The Sun.
London, England, 1864-06-02 00:00:00

lONEy MARKET

AND

COMMTICIAL INTELLIGENCE,

, TWLVE O'.
No alteration has beenCITY made this morning inCLOCK
the
Minimum rate of discount by the directors of the
Bank of England at their weekly meeting. had
been very generally expected that. a reduction of
one per cent. would have been made in consequence
of the increasing reserves of gold at the establish-
Ina", and also the loss of discount business sus-
tained by the authorities through the great conces-
lions made in the open market for the negotiation
°I. commercial bills. That the idea was not ill-
founded by the mercantile community may be in-
ferred from the circumstance that yesterday first-
class paper was negotiated as low as 6, -1 per cent.
The rate now in the open market is 61 per cent.
supply of gold amounting to £15,000 was
taken into the Bank yesterday.
The report of the directors of the Bank of British
North America to be presented to the proprietors
at the next half-yearly meeting has been issued to-
day. It states that the general trade of the North
American provinces shows a considerable improve-
tent, and that the business of the bank continues
to make satisfactory progress at Victoria, Vancouver
Island, and that it has been decided to open an
agency at San Francisco. Atter making ample
Provision for anticipated losses, and deducting
charges,&c., the net profit amounts to £61,413.
Out of this sure the directors have declared a half-
yearly dividend, payable on and after the sth July
tlezt, at the rate of 6 per cent. per annum, free of
income-tax.

At a meeting of the Committee of Bankers, at the
Clearing-house, on Monday, it was decided that
the united business of the Agra Bank and Messrs.
kasterman, Peters, and Co., should on and after
the Ist of July be cirried on at the Clearing-house,
Under the title of the "Agra and Masterman's
Bank, limited."
The Committee of the Imperial Ottoman Bank
'will propose at the approaching meeting a distribu-
tion of 154 9d per share from the profits accruing
from the 10th of April to the 31st of December last,
after making the statutory provision of £18,568 to
the reserve fund. This payment, with the £7a 3d
already divided on the Ist of March, will make a
total return of 234, or at the rate of nearly 16 per
cent. per annum, for the period during which the
bank has been is operation.
The Committee of the Stock Exchange have ap-
pointed Tuesday next a special settling day in the
shares of the British and Colonial Steamship Cora-
Pliny and the East ludia. Financial Association, both
to be marked in the official lists.
The biddings for 30,00,000 rupees (X 300,000), in
bills on India took place yesterday at the Bank of
hgland. The proportions allotted were—to Cal-
cutta, 18,00,000 rupees; and to Bombay, 12,00,000
I.,uPeee. The minimum price was as before, viz.
lld. per rupee on Calcutta and Madras; and
le. 1111. an Bombay. The applications within the
halite amounted to 214 lace. Tenders on Calcutta,
tat le. 11-ti, will receive about 78 per ceutT—M
th„"ehey, at 25., about 15 per cent.; and all above
erm prices in full. No allotment was made to
madras.

Melbourne
£lBB 500 in gold is now on the way from
Melbourne to England. The Glendower has £10,500
On board ; the Kent, £14,500 ; the Wave of Life,
£21,000 ; the Ruyal Standard, £78,000 ; the Lady
Ann, £16,000; and the Anglesea, £48,500. The
St. Dunstan is also bringing £72,000 from Otago,
New Zealand.

Two O'CLOCK•
There has been no alteration to-day in the mar-
ket for the Eng,ish Funds, and only a small amount
of business has been transacted. The continuance
of the minimum at 7 per cent, did not affect quota-
tions, which still show much inherent firmness.
Consols, for !coney and account are 914 d ex div.
The New Threes and Reduced Annuities are
8944 ; March Exchequer Bills, 11s. dis.; June
do,, 63, ; and India 5 per Cents., 1034, 104 ex div.
Business is not very active in the foreign market,
but quotations are in several instances rather
bUyant. Turkish 6 per Cents., 1862, are 714 ;
do• Consolidei, 488 & ; Greek, 254 1 ; Mexican,
454 ; do. New Loan, 1 die. par ; Spani'h Passive,
344 ; Portuguese, 48i 49; Russian Scrip, 4
peen'•; Swedish do., 21 34 prem. and the Con-
federate Loin, 64 66.
Business in the Railway Share Market has been
very inactive, acd prices have remained without
change of importance.
The Foreign lines have also been dull at about
former rates.
Bank and Miscellaneous Shares are in several
instances at slightly reduced quotations, Mer.
ehants' 13'ok being dealt in at 25, Metropolitan
aa d Provincial at 324, while Imperial have improved
to 43; Australian Agricultural have receded to 174,
atIQ Hudson's Bay Company to 19.

, BRITISH FUNDS—CLOSING PRICES.
, .10VERNXIENT FUNDS.
0 Per Cent. Consols
~ Ditto;Accoluit, May 8
New $ i
"
4 per Cent. Reduced
New
3 per Cent .... 89/ ii i
ew 2i per Cent. Jan. 1891..
Ditto 5 per Cent., Jan. 1873 Annuities, 30 yrs, expire iith Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 14 7-16
Ditto (Red Sea Telegraph), Aug. 1908.

March. June,

exchequer Bills, £l,OOO, 22 & 3 per Cent.
Ditto £5OO
Ditto £lOO and £2OO
Bank England Stk, 5t per Ct. ... 237 81
Ditto Account
, INDIS.N GOVERNMENT SECURITIES.
4nelia Stock, 101 per Cent., April 1874.... --
Ditto 5 per Cent. July, 1870
pc, FOREIGN FUNDS—CLOSING PRICES.
—;,citlador New Consolidated, 1 per Cent l3
`ll-ptian 7 per Cent —
is -Oitto Second Issue
'Tree': 5 per Cent., 1824-5, ex-Coupons • •
Ditto Account
Ditto Coupons
r, Ditto Account ll/
nuatemala 5 per Cent.
, Ditto, 1839 and 1859 —
~..4talian 5 per Cent.(Maremmana Railway) --
Al3xican 3 per Cent
Ditto Account
Ditto Scrip £l3 paid — dig
Ditto French Scrip, Es. 25f 200 3/ die
Moorish Imperial 5 per Cent
New Granada
Ditto 2 per Cent. —
Ditto Deterred
Ditto Land Warrants (Hectares) —
Peruviqn 41 per Cent.
Ditto Accounv,..., .. ....... ' '• ' —
i)itto 3 per Cent. (Uribarren). ......
Ditto 41 per Cent., 1862
Ditto Account
Portuguese 3 per Cent., 1853
Ditto Account •• ''..
Ditto 3 per Cent 1856 '7 '9 '6O, 62,'?.. 49
•, , , ,
Ditto Account 49 8; t
Ditto 1863 Scrip LW paid .... — Pal
Russian 5 per Cent., Iti22, £ St B9i
Ditto 41 per Cent., 1850.
• •
Ditto 3 per Cent 1859
Ditto 5 per Cent, 87i 1862 a
Ditto Anglo-Dutch
S
Ditto Scrip £2oen paid 4 pm
oardinian s'per Ct ..
, Ditto Account
Account
3 per Cent
Ditto Account
D itto Account 451
Ditto
Ditt l'aslive .
n o Account 3l/ 4
°Paoislt Cert. of Coup not funded
Ditto Account —
B'''''dish, 4 per Cent. -
~, Ditto Scrip, £2O paid — Pm
Tar
6 per Cent. 1854 —
Ditto Account
Ditto 6 p
er Cent. 1858
Ditto A.,count 691
Ditto, £lOO Bonds 721
per Cent. 1862
Ditto Account
Ditto £lOO Bonds 7l 3 1 i
6
Ditto 1853
Ditto Guaranteed, 4 per Cent ... 1001
Venezuela 3 per Cent.
Ditto Account...
Ditto 6 per Cent., 1862
Ditto Account... ................
Ditto 6 per Cent, 1861
'—
Ditto 11 per Cent
Dividends on the above payable in Lond u
Austrian, 5 per Cent:, Ex. 10 Florins. --
Belnian 41 per Cent., Ex. 25f,"
s, Ditto Account
-Dutch `24 per Cent., Ex. 12 Guil
Ditto 4 per Cent. Certificates -
0411R/1 5 per Cent., 1861, Ex. 25 francs —
Ditto account 6Bl
.
THREE O'CLOCK.
Consols none
91i i
Ditto dIM C nil t ........