The Sun.
London, England, 1864-01-08 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
A. very favourable impression is still predominant
in the general discount market, and traders are
consequently only supplying themselves with ac-
commodation for present purposes. It is generally
considered probable that when the release of the
Government and other dividends shall have been
effected the available balances will be largely in-
creased, and the authorities will be moved to lower
their official quotations. Already some of the bill
brokers are workingi per cent. under the minimum
of the Bank of England, but 613,- per cent. is still the
ordinary Charge for first class three months' bills.
The only bullion operation of importance at the
Bank yesterday was a withdrawal of 107,000 sove•
reigns for transmission to the Brazils.
The Bank of Frankfort has reduced its rate of
discount from 5 to 4-4- per cent.
The changes shown in the following analysis of
the Bank of England return should have been ex-
pected at this period of the year. Tke rather active
demand for money lately experienced, and the
expenditure of the Government, are seen in the
increase of the other securities, and the decrease in
the reserve notes, with a diminution in the bullion
and the Government deposits.
Active Circulation ..
Increase ..
•.. • •
Decrease ..
Rest

.. £20,718,260
.. 592,230
.. 14,196.754
.. 165,851
.. 3,306,816

Increase •• • • 55,798
Public Deposits .. .. .. 10,001,932
Decrease .. .. .. 840,009
Other Deposits••. .. .. .. 13,052,604
Increase : 31,332
Seven Day and other Bills .. .. 604,044
Increase .. -• .. .. 43,536
Government Securities .. .. 10,957,189
Decrease • . •• • • • • 141
Other Securities
.. .. .. 22,432,763
Increase .. .. .. .. 48,939
Notes Unemployed .. .. .. 7,446,000
Decrease .. .. .. .. 760,210
During the last few days a quieter tone has been
apparent in the Foreign and Colonial Produce
Markets, the foggy weather having impeded the
insPection of samples. Sugars have been neglected,
but holders demand full rates. The public sales of
Coffee were postponed, while only moderate trans-
actions were reported in tea, cocoa, rice, saltpetre,
and tallow at about former rates.

Two O'CLOCK.
At the adjourned meeting to-day of the British
and American Exchange Banking Corporation,
Mr. Cotterell, the solicitor to the company, stated
that it was not necessary to allude to the re-election
Of the directors in the notice convening the meeting.
A shareholder then proposed a sort of compromise
between the directors and shareholders, namely,
that the board should consent to elect two mem-
bers, one for London, and the other for Liverpool,
and to leave open the other two vacancies till the
meeting of the 26th February. This suggestion
"lug been agreed to by the directors, the meet-
ing separated.
At the Paris Bourse this morning (according to
Mr. Reuter's telegram)
were the Three per Cent. Renter
quoted at 66f. 75c. Heavy.
_No alteration has token place to-day in the market
for the 'English funds, Consols remaining at M
for
InwleY, and at 91i afor the account. Business
are o 5 been
very dull. The New Threea and Reduced
ia,
Ind- "14 ; Exchequer Bills, par to 3s. prem. ;
p
104 i. er
Cents., 1061 ; Enfaced 5 per Cents.,

a The Foreign.
ppearance, an Market has presented a very heavy
d business is quiet. Turkish 6 per
eoents., 1862, are 67, 68 ; ditto Consolides, 47i I ;
can reek Bonds, 241 ; Spanish Passive, 34 I; Maxi-
Ik,: 36! ; Portuguese, 47f, ; Russian, 88i 891.;
Confederate Loan, 38 40.
bee: the
ai"88 in the Railway Share Market has again
Leactive, but a firmer tone bas prevailed.
1
E —L°l and Exeter have improved £l, and Great
I,B,.teral Brighton, and North Western, about ss.
n "8 Foreign and Colonial undertakings show
° change of importance.
Bank and Miscellaneous Shares are in moderate
request. London and County have advanced to
N; and Union of London to 41f ; Mauritius
Credit are quoted li 1k prem.; National Shipping
Company, s prem.; Pacific Steam, 11 11 prem. ;
Contract Corporation, 2t 31- prem.; and Australian
Steam, 2k 1, prem.

BRITISH FUNDS—CLOSING
. GoTERNMENT FUNDS. PRICES.
4 per Cent. Consols
Ditto Amount Feb. 4...
per Cent. Reduced
3 per Cent
91 / 90/ 1/
New
Neve 31 per Cent. Jan. 1891
New 3 per Cent. Annuities
6 per Cent. Annuities, Jan.
Annuities, 30
April, 1885.
yrs, expire bth Jan., 1880 —
Ditto for 30 yrs, expire sth
Ditto (Red Sea Telegraph) Aug. 1908 2l/
Ditto 5 pet Cent. 1870
Ditto 4 per Cent. 1888 .
Ditto ditto
1864 or 66 r
Ditto ditto Aug. -
n r Cent. 3pm Pa
April, 1864
Exchequer Bills, £l,OOO, 2! & - per .. 2pm Par
Ditto £6OO
2 Pm Par
Ditto
Bank Stock £loo and £2OO
IlsiDlkli GOYERratENT SECURITIES. lndia Stock _
, 1874
Ditto Account• •
1061 I i
Ditto 6 per Cent
I )itto Account. .. —
100/ i
Ditto 4 per C
Ditto Enlaced Pa 4 r Cent.... ••
per, pe
.. 1041 4
Ditto 5 per Cent Jan. 1872 ~
par
liltr, bonds lit)t)0
_
Ditto under £l,OOO
an REIGN FUNDS—CLOSING
Austrian Bonda, 6 per Cent
PRICES.
~ Ditto 1859
_
•
13raziiiml 6 per Cent
Ditto, 1839 and 1869
881 7i 811
Ditto 41 per
DittoC, 1852-58-60
BuenoB Ayres 6 per. Cent
72t
£lOO Bonds
5i 5 i
Colo £lOO
6 Scrip Z&O pd
_
Cub, 6 per Cent.
_
Ltulian 6 per Cent
_
Ditto 4f per Cent, .....
Danish 4 per Cent., 1863.
,I)utch, 21 per Cent , Ex. 12 Guilders
4enador New Con.s.olidated. 1 per Cent —
Ditto Provisonal
ti Land Warrant. _
-, •
gyptian 7 er Cent.. ....
101 I
Ditto, Second Issue Cireek 6 per Cent., 1824-5, ex-Coup(ma• •
Ditto Account ............
Ditto Coupons
Ditto Account •
111
fluaternala 5 per Cent. ........•..• —
Italian o per Cent.Marenunana Railway)
Rexican 3 per Cent ..• . ........
Ditto per
.... . ................ 36/ a
NevrMoorish Imperial 5 per Cent ...........
Granada -
Ditto 2 per Cent. •
.................. --
Ditto Deterred ......................
Peru Ditto Land Warrants (Hectares) ......
Dittvian 3per Cent. .......... , .....
o Account . . ... ..............
DittDitto 41 per Cent., 1862 ............
o Account ........ . .. . • ...... 86
edmontese, 5 per Cent., •Ex. 26f —
Ditto Ditto, 1863 ......................
Scrip, £l5 paid„ ............ Pm
Ditto Scrip (1863) £42 Bs. 3d, paid.... Pin
Portuguese 3 per Cent., 1853 ..........
Ditto Account .............. —
Ditto 3 per Cent., 1866 •'7, '9, '6O, 62,'3
D
Ditto per
...................... 471 i
htusian 6 per Cent., 1822, £St —
itto 41 per Cent 1850
DittDitto 1860
o per Cent., 1859
Sardinian -
Ditto 5 per Cent, •1862 ......
6 per Cent
6panish 3 per Cent
Ditto Ditto Account
DittPassive
Dittoo Account
il4
DittAccount
o New Deferred
Spanish Cert. of Coup not funded
R I)itto Account
"weclish, 4 per Cent.
TarkiAll 6 per Cent. 1854
llitto Account
Ditto
Hitt 6 per Cent. 1858
o Account
691
!)ittc 6 per Cent. 1862
oitto Account • 6B 7 I
...
Ditto, .100 Bonds 6Bk n
Ditto 6 per Cent. 1863
Ditto Guaratteed, 4 per Cent
_Ditto Debentures, 4 per Ct., Oct., 1863
»ezuela 3 per Cent. ..........
Dittitto ..count
Dittoo per Cent., 1862
Account
Dividende on the above payable in London.
tOAustrian, 5 per Cent.. Ex. 10 Florins.
teiatt 4 per Cont., Ex. 25f.
' "cett Rentes, 41 per Cent., Ex. 25f —
betch2l per Cent., Er. 12 Gull
.. Ditto 4 per Cent. Certificates
°alien, 5 per Cent 1861 Er. 25 francs.. •, ,
67k i
Ditto
Account.„.
THREE O'CLOCK.
Cfltisols 'Money ............... 91 it
Ditto Account .................... • 911 i