The Sun.
London, England, 1864-05-25 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.

The enquiry for discounts has fallen off very con-
siderably, and the brokers, anxious to obtain busi-
ness, have offered to negotiate three months' bills
at even one per cent. below the official minimum.
A special settlement in the shares of the Central
Argentine Railway Company has been appointed to
take place by the committee of the Stock Exohr,Lge
on the Ist proximo,

About £52,000 in gold was taken into the Bank
yesterday.

There was no material altoration in the foreign
exchange yesterday afternoon.
The prospectus of the Tyne Iron Shipbuilding
Company has been issued, incorporated under the
Companies' Ant of 1862. The proposed capital is
£400,000 in 8,000 shares of £5O each. Deposit on
application per share, and on an allotment being
made of £4 ; future calls at intervals of not less
than three months. The formation of this company
is based on the superiority of iron as a material
for ship-building, and rests its guarantee of success
upon the large demand for iron ships and steamers
present and prospectively. The special advantages
of the Tyne, situate as it is in a county where the
cost of coal is nominal, and where iron can be had
at a reduced rate, are adverted to in the pro-
spectus to show to those who may subscribe to the
capital stock of the company the greater cer-
tainty of a profitable result for any investment
they may make. The company has obtained the
extensive premises and dockyard of Messrs T. and
W. Smith. The works are now in full operation.
Seven vessels are in course of construction, and
others are being contracted for. Premises, machi-
nery, &c., have been secured under very moderate
terms, and hence, managed as this company will be
by the highly respectable and influential gentlemen
who form the board of directors, there is every
reasonable prospect of a safe, a sound, and a profit•
able investment for capital.

Two O'CLOCK.

At Paris this morning, according to Renter's
telegram, the Three per Cent. Rentes were 66f. 750.
In demand.

The market for the English Funds has been very
dull and depressed to-day. Last evening there was
an advance of s per cent, but the paucity of busi.
ness and a few sales have sent down prices to the
level of yesterday, and Consols are 911 I for
money, and 901 1, less the dividend, for the account.
Th© New Threes and Reduced Annuities are 891 ;
Exchequer Bills, 13s 7s. dis.; India 5 per Cents.,
1051 1; and the Debentures, 981. Bank of England
Stock is 237 239, and Indian Stock 218.

The Confederate Loan has been the only security in
the Foreign Market which has varied to any mate-
rial extent. It opened at 60 to 62, showing a fall of
on per cent., but has since recovered 2 per cent.,
being 62 64. These fluctuations have been
produced by the intelligence from New York
by the City of Washington steamer, which
will be found detailed in another column. Greek
are 24/, I; Spanish Passive, 338 348; Turkish Con-
-8°11(163, 48k n ; Mexican, 444 45 ; do. New Loan,
pars prem.; Swedish do., 2I 31 prem ; and Rus-
sian do,, 31. a prem. _ _ _

Business in the Railway Share Market has con-
tinued very dull, and the few bargains recorded
have led to little change as regards prices. Metro •
politan have improved 10s., and Blackwell, Lapel-
Shire, and Yorkshire, and South Eastern ss.

The Foreign and Colonial undertakings continue
very inactive at former quotations.
Bank and Miscellaneous Shares are in very
moderate request, and the few dealings entered into
have beenat about previous rates.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT:FUNDS.
3 per Cent. Consols
Ditto Account, May 8
per Cent. Reduced
New 3 per Cent. B9 I
New 2i per Cent. Jan. 1891....
Ditto 5 per Cent., Jan. 1873
Annuities, 30 yrs, expire 6th Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 —
Ditto (Red Sea Telegraph), Aug. 1908 —
March, June,
Exchequer Bills, £l,OOO, & 3 per Cent. 13 8 7
Ditto £5OO
Ditto £lOO and £2OO
Bank England Stk, 5} per Ct.
Ditto Account..
INDIAN GOVERNMENT SECURITIES.
India Stock, 10i per Cent., April 1874.... 218
Ditto 5 per Cent. July, 1870
Ditto Account.... —
Ditto 4 per Cent., Oct, 1888
Do Certificates
Ditto Enlaced Paper, 4 per Cent ..
Ditto 5 per Cent., Jan. 1872 ..
Ditto 5} per Cent., May, 1879
Ditto Debentures, 4 por Ct., April 1861

Ditto ditto " Aug., 1866 981
Ditto Bonds £l,OOO — dis
Ditto under £l,OOO —
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent
Ditto 1859
Braeliau 5 per Cent
Ditto 41 per Cent., 1852-58-60
Ditto 1863 B7 1
"Buenos Ayres 6 per Cent —
Ditto Account
Chilian 6 per Cent. —
Ditto 41 pet Cent B3l
Colombian 6 per Cent
Cuba, 6 per Cont. ..
Danish 3 per Cent., 1825
Ditto 5 per Cent, 1864 --.
Ditto Scrip £5O paid
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 ll
Go.atemala 5 per Cent.
Ditto 1839 and 1859
'ltalian 5 per Cent.(Maremmana Railway)
Mexican 3 per Cent ....
Ditto Account....
Moorish Imperial 5 per Cent
New Granada —
Ditto 2 per Cent.

Ditto Deierred

Ditto Land Warrants (Hectares)

_
1'•-vutrian .4i per Cent ..
Ditto Acc0um........ .
Ditto 3 per Cent. (Oribarren)
Ditto 4} per Cent., 1862
Ditto Account
Poctuguese 3 per Cent., 1853
Ditto Account —
Ditto 3 r:er Cent., 1856, '7, '9, 'GO, 62,'3
Ditto Account —
Itil°,',an 5 per Cent., 1822, £ St —
rd i tto 41 per Cent.. 1850 —
Ditto 3 per Cent 1859
Ditto 5 per Cent, 1862
Ditto 1861 Scrip, £lO paid
Ditto An glo-D atoll
Sardinian 5 per Cent
Ditto Account
Spaniph 3 per Cent
Ditto Account

Ditto New Deferred
Ditto Account
Ditto Passive
Ditto Account 3ll
Spanish Cert. of Coup not funded
Ditto Account
Swedish, 4 per Cent
Ditto Scrip, £2O paid
Turkish 6 per Cent. 1854
Ditto Account ..
Ditto 6 per Cent. 1858
Ditto Account 69
Ditto, £lOO Bonds
Ditto 6 per Cent. 1862
Ditto Account ............
Ditto £lOO Bonds .........
Ditto
1863 ...... 68i
Ditto Guaranteed, 4 per Cent.
Venezuela 3 per Cent.
Ditto Account
Ditto 6 per Cent., 1852
Ditto Account
Ditto 6 per Cent, 1861
Ditto 11 per Cent
Dividends on the above payable in Loud ,n.
Austrian, 5 per Cent,. Ex. 10 Florins. --
Belgian 41 per Cent., Ex. 25f...
Dutch 2} per Cent., Ex. 12 Guil
Ditto 4 per Cent. Certificates
Italian, 5 per Cent., 1851, Ex. 25 ,rants --
Ditto Account

THREE O'CLOCK.
Consols Money
Ditto Account

UOUNOWS NEW OPERA.—It 15 now sem that
" Mireille" will be given 'ett Her Majesty's Theatre.
TUE VACANT INDIAN JUDGESHIP.—.We are
authorised to state that the vacancy in the Supreme
Court, Calcutta, caused by the death of Mr Henry Mills,
QC., has been filled by the appointment of Mr John Budd
Phear, M.A., of the Norfolk Circuit. Mr Phear, who was
called to the Bar by the Society of the Inner Temple in
January, 1554, graduated] from Pembroke College, Cam-
bridge, in 1847, when he came out sixth wrangler. lie was
immediately elected Fellow and Mathematical Lecturer at
Clare College, of which he is now Senior Fellow. He was
also Senior Mo3erator for the year 1856, and aftterwards
tnivemity ExaMiner of the LaW Tripes.