The Sun.
London, England, 1864-05-20 00:00:00

MONEY NARKET

AND
COMMERCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.
The Money Market continues to exhibit symp-
toms of a satisfactory character. The charge for
negotiating first class bills is still 71 per cent., or
under the official quotations. The demand for ac-
commodation is large, but as capital is abundant,
bankers and brokers evince a desire to compete for
the business brought forward.
About £73,000 in gold was taken into the Bank
yesterday.

The Ceylon which left this morning for Calcutta
and China took out £68,670 in specie.
The alterations exhibited in the weekly return
of the Bank of England are exceedingly favourable.
The bullion and reserves of notes have been largely
augmented, and the other changes also denote that
the position of the establishment continues satiti-
factory. Subjoined are the particulars :
Active Circulation .. £20,819,535
Decrease .. 139,315
Bullion .. 13,267,446
Increase .. 562,195
Rest 3,280.727
Inorease • • 15,907
Public Deposits .. 7,566,661
Increase 267,167
Other Deposits.. .. .. 12,962,402
Increase .. • • • • • • 61,242
Seven Day and other Bills .• 493,817
Decrease .. .• • • 26,320
Government Securities .. • • 10,785,267
No alteration.
Other Securities .. 20,973,429
Decrease .. 384,574
Notes Unemployed. .. 6,431,630
Increase .. • • • • 681,920

At a meeting of holders of Deferred Mexican
Bonds held yesterday, at 11, Warnford-oourt, Mr.
I. Gerstenberg in the chair, the following resolution
was adopted—" Resolved, to appoint, with power to
add to their number, Messrs. I. Gurstenberg, A.
Cohen, Thomas Moxon, Albert Levy, and J. Searle,
as a committee to represent the interests of the hol-
ders of Mexican Deferred Bonds, with full powers
to effect an arrangement of the said bonds with
the Imperial Mexican Financial Commission.",
A new banking institution for Venezuela has
been announced under the title of the London and
Venezuela Bank. The nominal capital is half a
million sterling, and the first issue will only amount
to £250,000 in shares of £5O each. Arrangements
have been made for the transfer of the business of
the Bank of Caracas, and the directors of that es-
tablishment have joined the new board. The prin-
cipal control of the bank is to be vested in the board
of directors in England, and Mr. Henry Ales.
Ilenkey has been appointed chairman.
During the last few days a firmer tone has pre-
vailed in the Foreign and Colonial Produce Mar-
kets, although business has in some measure been in-
terrupted by the Whitsuntide holidays. Sugar has
advanced 3d, to Bd. per cwt., while coffee has sold
at folly previous rates. In rice and cocoa there has
bee's about an average amount of business, without
any material change in values, while tallow has
e_ou tinued in very limited request, and quotations
for both present and forward delivery have shown
downward movement.
At an extraordinary general meeting of the
shareholders of the Metropolitan and Provincial
13arsk) Mr. Gilpin, M.P., in the chair, the resolu-
tions previously adopted for increasing the capital to
£4,000,000 were confirmed.
Tna biddings for 30,00,000 rupees £300,000) in
'ill° on India, took place yesterday at the Bank of
England, and the following are the official parti-
eul?.rs:—The proportions allotted were, to Calcutta
16,30,000 rupees, to Bombay 12,00,000 rupees, and
to )ladras 2,70,000 rupees. The mininum price was,
as bofore, 18. llid. on Calcutta and Madras, and
ls. llid. on Bombay. The applications within the
limits amounted to :124 Lacs. Tenders on Calcutta
and Madras at Is. /11d. will receive about 5 per
tent, on Bombay at 2s. about 12 per cent,, and all
above these prices in full.
The proprietors in the London Bank of Scotland
are invited to Eend in applications for the 10,000
new shares of £lOO each, to be allotted rateably
among the registered shareholders, whose names
shall be on the register of members on the 16th
May instant. Each share will be issued at a pre-
mium of £4, such premium, together with £l3 per
share, to be paid by the following instalments,
:—£4, being the said premium, on the let June
next, £5 on the Ist July, £5 on the Ist October,
and £3 on the 2nd January, 1865. The amount
thus received will be carried to a reserve fund
The instalments in advance may be paid, when in-
terivst will be allowed at the rate of £5 per cent.
Per annum,

Two o'CLocK.
At Paris this morning, according to Reuter's
telegram, the Three per Cent. Relates were 66f. 70e.
Increased depression has prevailed to-day in the
market for the English Funds, which have further
receded to the extent of i per cent., solely in conse-
queue e of an unfavourable political feeling. Num,.
t'°us rumours of a disturbing character are in
circulation, and although, in some instances, they
bear the impress of improbability, there can be no
do ht that the present situation of affairs at home
and. abroad is far from encouraging. Speculators
the refer° effect sales almost in a wholesale manner,
and hence the existing gloom. Statements affecting
the stability of the Cabinet, together with the
Prospect of a war against Germany, are among the
l'ePorts which have condneed to the altered aspect of
the market. Consols are now 911 1 for money,
and 90,1- le less the dividend, for the account. The
v Threes and Reduced Annuities are 891 1-;
and India 5 per Cents., 1051 Q.
i'oreign Stocks are generally flatter, and there
11 very little business in progress, Turkish 6 per
Centn., 1862, are 711 ; do., Consolides, 48 0;
eau, 431 444-; do., New Loan, 1 0 dis.; Greek,
221, ; Spanish Passive,(344 ,7,-; do., Certificates,
1,11- ; Russian Scrip, 21 prem. ; Swedish Scrip,
preni ; and the Confederate Loan, 66 68.
tusiness in the Railway Share Market has con-
tinned rather inactive, and prices have not shown
4117 material variation, Brighton and Midland