The Sun.
London, England, 1864-05-18 00:00:00

ONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK:

No alteration is noticeable in the appearance of
the discount market. The inquiry for accommoda-
tion is small, and the rate for first-class three
months' paper continues at 81 per cent. Most
parties are holding over their bills in anticipation of
a reductio❑ being made in the Bank rate to-morrow.
About VS,OOO in gold was taken into the Bank
yesterday.

There was a slight downward tendency in the
foreign exchanges yesterday afternoon.

The shares of the Tavistock Iron and Coal Com-
pany were in demand this day at 11 to 2 prem.
The list of application is closed.
The directors of the Nita' Land and Colonisation
Company have just issued their report to be pre-
sented at the for►hcoming meeting. It states that,
" After writing off' 10 per cent. of the preliminary
expenses, the accounts show a net profit to the 31st
December of £13466 83. 7d., of which sum
£3,473 83. 9d. have been already distributed among
be shareholders, leaving a balance of £9,992
19s. 10d. still to be dealt with. The directors
therefore propose, on the present occasion, to pay a
dividend at the rate of 6s. per share, free of income
tax,lwhich will absorb a further sum of £6,918 155.,
making, with the previous dividend of 35., a total
distribution for the year of 9s. per share, or 9 per
upon the £5 paid shares, and leaving a surplus to
be carried forward to the next account of £3,074 4s.
10d. In addition to the proposed dividend, the fund
arising from the payment of 20e. per share on the
14,000 paid up shares to be converted into ordinary
shares, as explained in the circular issued last
February, will be distributed as a bonus at the rate f
of 14s. on each paid up share, and 7a. on each share
on which £5 have been paid.
The Freehold and General Investment Company,
with a capital of £250,000, the first issue to consist
of half the amount in shares of £25 each, has been
brought forward for the purpose of purchasing
freehold and leasehold property in London and its
neighbourhood. Negotiations are now in progress
for the acquisition of freehold properties at the
West End, and the vendors have agreed to take a
portion of their money in shares of the company.

Two O'CLOCK.

At Paris this morning, according to Renter's
telegram, the Three per Cent. Rentes were 66f. 75c.
Heavy.

The English Stock Market has been adversely
influenced today through political rumours relative
to the Conference, and Consols have declined 2- per
cent., the quotations being 941 for money, and
901 9 less the dividend, for the account. The
New Threes and Reduced Annuities ere 8912 ;
Annuities, 1835, 14 9.sixteenths ; Exchequer Bills,
March, 10:?. dis.; India 5 per Cents, 1051 -};
Enfaced 4 per Cents., 932 ; and the Bonds 25 dis.
Bank Stock is 237, and India Stock 217.

Rather less firmness is apparent in the Foreign
Market, and business is quiet. Turkish 6 per
Cents., 1862, are 71+ a ; do., Consolides, 481 49;
Mexican, 44/ ; do. New Loan,/ die. par.; Greek,
232 1; Spanish Passive, 34/ 4 ; Portuguese, 48Z I;
Italian, 67Z 68 ; Russian Loan, 2.14 prem. ; Swedish,
do., 21 4 prem. ; and the Confederate Loan, 65 67.
The operations in the Railway Share Market
have been exceedingly restricted, and the only
change of importance has been an advance of £2
on London and Brighton; Metropolian have im-
proved ss. ; and Great Western have declined ss.
The Foreign and Colonial lines remain without
change of importance as regards values.
Bank and Miscellaneous Shares have, in some
instances, been a shade flatter. Alliance have
receded to 622; Bank of London to 581, ; London
and Colonial have improved to 16/ 17 ; and London
Financial to 281 2.
Subjoined are the current quotations of some of
the principal new projects Iron Wozke,
1 I prem.; Imperial Bank of China, 1 at prem.;
Provincial Banking Corporation, 1 f prem.; In-
ternational Land Credit Company, 2 prem.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto Account, May 8
per Cent. Reduced
New 3 per Cent
New 21 per Cent. Jan. 1894....
Ditto 6 per Cent., Jan. 1873 .
Annuities, 30 yrs, expire bth Jan., 1880..
Ditto for 30 yrs, expire sth April, 1885. 14 946
Ditto (Red Sea Telegraph), Aug. 1908.
March. Juno.
Exchequer Bills, £l,OOO, 2t & 3 per Cent. 10 die
Ditto £500

Ditto £lOO and £2OO
Bank England Stk, 5/ per Ct.
Ditto Account —
INDIAN GOVERNMENT SECURITIES.
India Stock, 101 per Cent., April 1871 217
E Ditto 5 per Cent. July, 1870
Ditto Account
Ditto 4 per Cent., Oct, 1888 —
Do Certificates
Ditto Enfaced Paper, 4 per Cent . . 031
Ditto 5 per Cent., Jan. 1872 .. •
Ditto 51 per Cent., May, 1879 —
Ditto Debentures, 4 per Ct., April 1864
Ditto ditto Aug., 1866
Ditto Bonds .0,000 —
Ditto under £l,OOO 25 die

FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent ..
Ditto 1859
Brazilian 5 per Cent
Ditto 41 per Cent., 1852-58-60
Ditto 1863 B7l
Buenos Ayres 6 per Cent
Ditto Account —
Chili= 6 per Cent. lO2l
Ditto 41 pet Cent.
Colombian 6 per Cent
Cuba, 6 per Cent.
Danish 3 per Cent., 1825
Ditto 5 per Cent. 1864 —
Ditto Scrip £5O paid • • i pm
Equador New Consolidated, 1 per Cent..
Egyptian 7 per Cent —
Ditto, Second Issue
Greek 5 per Cent., ,1824-5, ex-Coupons —
Ditto Account
Ditto Coupons —
Ditto Account
Guatemala 5 per Cent.
Ditto, 1839 and 1859
Italian 5 per Cent. (Maremmana Railway)
Mexican 3 per Cent
Ditto Account
Moorish Imperial 5 per Cent
New Granada
Ditto 2 per Cent.
Ditto Deferred B} ,
Ditto Land Warrants (Hectares) —
Peruvian 4i per Cent
Ditto Account....
I:itto 3 per Cent. (Uribarren)
Ditto 4f per Cent., 1862
Ditto Account 86,1
Portuguese 3 per Cent., 1853
Ditto Account —
Ditto 3 per Cent., 1856, '7, '9, '6O, 62,'3 481
Ditto Account
Russian 5 per Cent., 1822, #: St —
Ditto 41 per Cent., 1860 ..
Ditto 3 per Cent 1859 ..
Ditto 5 per Cent,' 1862
Ditto 1861 Scrip, £lO paid
Ditto Anglo-Dutch
Sardinian to per Cent
Ditto Account
Spanish 3 per Cent
) Ditto Account
Ditto New Deferred
Ditto Account
Ditto Passive
Ditto Account
344
Spanish Cert. of Coup not funded
Ditto Account ................
Swedish, 4 per Cent ...............
Ditto Scrip, £2O paid
Pm
Turkish 6 per Cent. 1854 —
Ditto Account
Ditto 6 per Cent. 1858
Ditto Account —

Ditto, £lOO Bonds
Ditto 6 per Cent. 1862
Ditto Account "
Ditto £lOO Bonds
Ditto 1863 ..
Ditto Guaratteed, 4 per Cent
-Venezuela 3 per Cent.
Ditto Account
Ditto 6 per Cent., 1862
Ditto Account
Ditto 6 per Cent, 1861
Ditto 11 Der Cent
Dividends on the above payable in Lond a.
Austrian, 5 per Cent.. Ex. 10 Florins. --
Belgian 41 per Cont., Ex. 25f
Dutch 21 per Cent., Ex. 12 Gull 64
Ditto 4 per Cent. Certificates
Italian, 5 per Cent., 1861, Ex. 25 francs —
Ditto Account ............
THREE O'CLOCK.
Consols Money
Ditto Account .......... 90i g x d

Liverpool Cotton Market—This Day,
Market firm and quiet. Sales, 7,000 bales. Int.
porta, 8,161; previously, 53,863.

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