The Sun.
London, England, 1864-05-03 00:00:00

ONEY MARKET

AND

COMMZECIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK:

A calmer tone now prevails in the general dis-
count market, owing to the subsidence of the pertur-
bation by the advance yesterday in the Bank rate.
At 8 per cent, the mercantile community are enabled
to obtain the accommodation they require ; bat there
is very little competition among discounters for
mercantile securities, the resources at their com•
wand being far from excessive. The improved
quotation will probably have the effect of attracting
many from various parts of the country. The
immediate demand is by no means pressing, as the
recent aspect of the market induced a portion of
the mercantile public to get their supplies before
hand.

Terms have been agreed upon by the directors
of the Imperial Financial Company, and the Mer-
cantile Credit Association, for an amalgamation,
which will be submitted to a meeting of their re-
spective shareholders, at the earliest possible date,
for confirmation.

The National Provincial Marine Insurance Com-
pany have notified the commencement of basiness
on the 16th inst., at their new premises, Cowper's-
court, Cornhill.

During the last few days there has been very little
business in the foreign and colonial produce mar-
kets. Sugar has been in limited request at steady
prices, while full rates have been realised for
coffee, cocoa, and rum. Tallow has been in very
limited request, and quotations for both present and
forward delivery have slightly given way.

Two o'CLocK.
The eecond ordinary meeting of shareholders of
the Scinde, Punjaub, and Delhi Bank Corporation
was held to-day—Mr. W. P. Andrew in the chair.
The report of the directors was unanimously adopted.
It appeared that the gross profits on the 31st Decem-
ber lest, after deducting intereat on current and
fixed deposits, were £13,310; payments of preli-
minary expenses and changing for rebate on bills
and commission on acceptances, left a net balance
of £5,480. Out of this sum interest was recom-
mended at the rate of 5 per cent. per annum. It
Was stated that the 12,500 new shares would be
issued at a moderote premium to existing share-
holders.

Compared with the quotations last current on
Saturday afternoon the Funds area per cent. lower,
and the market appears depressed, consequent
upon sales induced by the unsettled position of
monetary and political affairs, Speculation has
been turned from a rise in favour of a fall in prices,
and extreme heaviness consequently prevails. Con-
sols are 901 91 for money, and 918 for the account.
The New Three Reduced Annuities are 881 ; Red
Sea Telegraph, 20-7 ; Exchequer Bills, 9s. to 48.
dis.; Bank Stock, 2391 ; India Stock, 220; do. 5
per Cents, 104: 47 do. 4 per Cents,, 9914; do.
Enfaced 4 per Cents., 93; do. 5 per Cents., 103;
mid Bonds, 20s.
At the commencemerA of business in the Foreign
Stock Market, prices were all lower, but a partial
recovery has since occurred. Turkish 6 per cent.,
1862, are 711 ; ditto Consolidea, Sil ; Mexican,
43: ; ditto New Loan, 11; 1 dis.; Greek, 231 ;
Spanish Passive, 34: 9 ; Portuguese, 471 481 ;the
New Sweedish Loan, 14 1 prem.; the Russian
ditto, 1 1 prem. ; and the Confederate Stock,
651 66.
The operations in the Railway Share Market
have been very limited, and a downward movement
has taken place in prices. Metropolitan have
declined £1; North Western, £1 ; North Eastern,
10s.; Great Eastern, 103. ; and Great Northern, ss.
The Foreign and Colonial undertakings also
exhibit less firmness.
Bank and Miscellaneous Shares are also at
slightly reduced prices.
•
The following are the current quotations for
some of the principal new projects :—North Aus-
tralian Company, 1 1 prem,l Sabloniere Foreign
Hotel, 14 29 prem.; International Land Credit,
1 21 prem.; Telegraph Construction,
International Contract Company, 1 1 15-1--I prem. ;
prem.;
Provincial Banking Corporation, 1 1 prem.

BRITISH FUNDS—ONE O'CLOCK.
GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto Account, May 5 91 90/
per Cent. Reduced
New 3 per Cent ................. 88
New 21 per Cent. Jan. 1891.._ ......
. ...
Ditto 5 per Cent., Jan. 1873 ......... --
Aunuities, 30 yrs, expire sth J an., 1880..
Ditto for 30 yrs, expire sth April, 1885.
Ditto (Red Sea Telegraph), Aug. 1908. 20a
March. June.
4 dis

Exchequer Bills, £l,OOO, 21 & 3 per Cent.
Ditto
£5OO 6 dis
Ditto £lOO and £2OO —
Bank England Stk, 41 per Ct. 9 dis
239 i
Ditto Account..
!NCI iN GOVERNMENT SECURITIES.
India Stock, 101 per Cent., April 1874 220
Ditto 5 per Cent. July, 1870
Ditto Account
Ditto 4 per Cent., Oct. 1888 99/
Do Certificates
....
Ditto 5 per Cent., Jan. 1872 .. 103
Ditto 61. per Cent., May, 1879
Ditto Debentures, 4 per Ct., April 1861
Ditto ditto ,_Aug., 1866
Ditto Bonds £l,OOO ' 20
Ditto under £l,OOO
••••
FOREIGN FUNDS—ONE O'CLOCK.
Austrian Bonds, 5 per Cent .. Ditto 1859 —
Brazilian 5 per Cent
Ditto 41 per Cent., 1852-58-60 ...... _.DittolB63 B6l t 51
Buenos Ayres 6
per Cent
Ditto Account ......................
Chilian 6 per Cent. ....................
Ditto 41 pet Cent ...................
Colombian 6 per Cent ...........
Cuba, 6 per Cent.
......
Danish 3 per Cent., 1825
Equador New Consolidated, 1 per Cent —
Egyptian 7 per Cent lOl 1001
Ditto, Second Issue
Greek o per Cent., 1824-5, ex-Coupons —
Ditto Account
Ditto Coupons
Ditto Account
Guatemala 5 per Cent.
Ditto, 1839 and 1859
Italian 5 per Ccnt.(Mareinmana Railway)
Mexican 3 per Cent . ...
itto Account.• .
MoDorish Imperial. 5 per Cent
43/ 3 1 10
Now Granada
Ditto 2 per Cent.
Ditto Deterred 8
Ditto Land Warrants (Hectares)
Peruvian 41 per Cent Ditto Account ..
.... —..
Ditto 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,'3 48f
Ditto Account
Ditto 41 per Cent.. 1850 ..
Ditto 3 per Cent 1859 Ditto 5 per Cent, 1862
Ditto Account
Spanish 3 per Cent
Ditto Account Ditto New Deferred 521
Ditto Account ............ . 45i
Ditto Pasaive ..
......................
Ditto Account ..........
4 'I
Spanish Cert. of Coup not funded
Ditto Account
Swedish, 4 per Cent — Turkish 6 per Cent. 1354

int
Ditto Account
69
Ditto, £lOO Bonds 69}
Ditto 6 per Cent. 1862
71
71i
Ditto Account
Ditto £lOO Bonds
Ditto 1863
Ditto Guaranteed, 4 per Cent —
Venezuela 3 per Cent.
Ditto Account
Ditto 6 per Cent., 1862
Ditto Account
Dividends on the above payable in London,
Austrian, 5 per Cent,, Ex. 10 Florins..—
Belgian 4i per Cent., Ex. 25f.........
Dutch 21 per Cent., Ex. 12 Guil
Ditto 4 per Cent. Certificates ... 991
Italian, 5 per Cent., 1861, Ex. 25 francs —
Ditto Account.
67i i
Consols Money TWO o' CLOCK.
.................
..
„... .

Liverpool Cotton Market—This Day.

market opens quiet, and rather downward ten.
deney. Sales,
orts
perhaps about 5,000 bales. Im
10,663 bales; previously, 2,603, p ,

Share

13.14.

iP.16.4

12.10