The Sun.
London, England, 1864-03-01 00:00:00

MONEY MARKET

AND
CGraMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

There is an active demand for discount accom•
modation in the open market and at the Bank of
England, and full rates are everywhere required.
Business is expected to continue on an extensive
scale until after the 4th of the month.

Daring the last few days there has not been
much animation in the Foreign and Colonial Pro-
duce Markets. The unfavourable and foggy weather
has prevented the inspection of samples of most of
the principal staples. Sugar, however, is held for
full rates, while fine qualities of colonial coffee are
in demand, in consequence of the small quantity on
cffer. Rice has been at steady rates, while a more
cheerful tone has prevailed in the tallow market,
quotations generally exhibiting an upward ten-
dency.
The directors of the Auction Mart attended yes-
terday to receive and open the tenders of the pro-
perty, the highest amount being £115,255 10s. 6d.,
which was accepted.
At the first general meeting to-day of the share-
holders of the International Financial Society the
report presented by the directors was unanimously
'adopted, and a dividend equal to 25 per cent. per
annum declared, The accounts embrace the opera-
tions of the society to the end of December last, and
the profit realised, after deducting all expenses
amounted to £199,950 18s. 11d. This sum was
applied as follows :--lst, £19,931 10s. ld. to pay-
ment of interest at 5 per cent, per annum on the
called-up capital, in conformity with clause N 0.154
of the articles of the association; 2d, £77,568 9s. 11d.
to bonus, to make, together with the above interest,
a dividend of 13s. per share, free of income tax;
equal in all to 25 per cent. per annum ; 3d, £lB,OOO
19e. sd. to reserve fund, in conformity with clause
No. 25 of said articles. This, after deducting the
necessary amounts for directors' commission, and
income tax on the dividend, will leave a balance of
£76,680 193. 53. to be carried forward to new ac-
count, which balance, together with the amount of
£lB,OOO 193. 53. placed to reserve fund, leaves a
total of £94,681 18s. 10d. undivided.
The Queensland Sheep Investment Company has
bee❑ intrOduced under the auspices of the Mercan-
tile Credit Association. The capital is £400,000 in
10,000 shares of £4O each. The directors are highly
respectable, and the undertaking is formed with the
object of enabling English capitalists to avail them-
selves of the eligible opportunities which are offered
for investment in the colony of Queensland by sheep
farming operations. Arrangements have been made
for the purchase of stations on the Darling Downs,
now in full operation, comprising an area of up-
wards of 1,500 square miles, with the sheep and
cattle thereon ; the vendors taking payment for a
considerable portion of the purchase in the shares
of the company. Business, which can at once be
commenced, is calculated to pay an early and satis-
factory dividend, irrespective of the accumulated
profit to be derived from the increase of the breed-
ing flocks, which, in ordinary seasons, may be esti-
mated at 80 per cent.

Two O'CLOCK.

At the Paris Bourse this morning, according to
Reuter's telegram, the 3 per Cent. Rentes were 66€.
25e. to 66f. 20c. Very fiat.
A. further decline of per cent. has taken place
in the market for Consols, which are now quoted
904 91 for money, and 91k for the account. This
progressive depreciation is attributable to specula-
tive sales, conscquent upon the unfavourable feeling
relative to the Danish war, and the complications
to which it may yet give rise. The New Threes
and Reduced Annuities are 901 91 ; Exchequer
Bills, ss. to ls. dis. ; and Bank Stock is firm at
237 238 i. India Stock is 217 218 ; ditto 5 per
Cents. are steady at 1041-, ; and Enfaced 5 per
Cents. at 1051 106.
A general downward movement has taken place
in the value of the principal speculations. Foreign
Securities are on sale on Continental account, and
business is not very active. Turkish 6 per Cents.,
1862, are 69 ; do. Consolides, 501 ; Mexican, 421 ;
Greek, 22,3 i s ; Spanish Passive, 357 a ; do. Cer-
tificates, 131 14 ; Portuguese, 471 481;
66H ; and the Confederate Loan, 42 41 ex. div.
end drawing.

The operations in the Railway Share Market
have been very limited,and prices in some instances
have been a shade flatter. Bristol and Exeter and
Metropolitan have receded 55., and Great Northern
A stock, Brighton, North-Western and Midland
10s.

The Foreign and colonial lines show little change
of importance. _ _

Bank and Miscellaneous shares continue in fair
request, and generally support former rates. Im-
perial Financial shares are quoted 41 5 prem. ;
Mauritius Credit -I 1 prem. ; National Shipping
par tot prem., and Australian Shipping 81 94 prem.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
3 per Cent. Consols
Ditto Account, March 5 9lk 1
3 per Cent. Reduced
New 3 per Cent 9l 904 1
A anuities, 30 yrs, expire bth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885.
Ditto 3 per Cent., 1859
Exchequer Bills, £l,OOO, 2i & 3 per Cent 5 1 die
Lank England Stk, 41 per Ct., last hf.-yr 237 81

INDIAN GOVERNMENT SECURITIES.
India Stock, 10f per Cent., April 1874.... 218 17
Ditto Account • • --
Ditto 5 per Cent. July, 1870
Ditto 4 per Cent., Oct. 1888
Ditto Enfaced Paper, 4 per Cent
Ditto 5 per Cent., Jan. 1872 .. 105 k 6
Ditto 5} per Cent., May, 1879 ..
D. t to londs.tl,ooo
Dittduncler £l,OOO
Ditto Debentures, 4 per Ct., April 1864
Ditto ditto Aug., 1806
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent .. --
Ditto 1859

Brazilian 5 per Cent —
Ditto, 1839 and 1859.....-
Ditto 41 per Cent., 1852-58-60
Buenos Ayres 6 per Cent
Ditto 2 per Cent —
Ditto Account
Ditto Deferred —
Colombian 6 Scrip £65 pd
(;Lilian 6 per Cent. —
Ditto 4} pei Cent
Danish 3 per Cent., 1825
Equador New Consolidated, 1 per Cent 132
Egyptian 7 per Cent 99 2
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coupons —
Ditto Account
Ditto Coupons
Ditto Account —
Guatemala 5 per Cent.
Italian:6 per Cent.(Maremmana Railway)
Mexioan 3 per Cent ....
Ditto Account 421 1 11
Moorish Imperial 5 per Cent
New Granada
Nc-tw 21 per Cent. Jan. 1591.... —
Peruvian 41 per Cent _
:i.!itto Account
Ditto 3 per Cent.
Ditto 41 per Cent., 1862
Ditto Account
Ditto 11 per Cent
Tiodmontese, 5 per Cent., Ex. '2sf —
Ditto Scrip (1863) £4285.30. paid — Pm
Portuguese 3 per Cent., 1853
Ditto .Account.. — '
Ditto 73 per Cent., 1856, '7, '9, '6O, 62,'3
_ TilDitte Account 482 71
lt,'.gir.n 5 per Cent., 1822,'L St 9O
Aiit-a) 4k per Cent 1850 ... -
sari,i!to. sper Cent, 1862
Liman 6 er Cent
Ditto kaiptx
3Account
Ditto A per Cent
islecount
Ditto
A:7 Deferred
Ditto
ilitto p °lint —
aamve
Ditto Account. __
Span.iii Cert. of Coup ..
not funded 36 151
11; tto Account,
TtyJkish 6 per Cen. . 186 i lll 11
Ditto Account ..
...... 911
Ditto 6 per Cent. 1858 .....
oitto Account .........
Ditto £lOO 80nd5...., ,--o
D .
itto 6 per Cent. 1862
Ditto A:- ,t ....... .

account .................. Co
Ditto, £lOO •Bonds 691
Venezuela 3 per Cent. • ............ditto
Account ..........
I )itlo GperCent., 1832 . • Ditto Account 59/
Dividends on tho above prlYable. in Loni ‘n.
Melgian 4 per Cent., Ex. 25f.
Ditto Land Warrants (Hectares)
Dutch 21 per Cent., Ex. 12 Guil
French Rentes, 41 per Cont., Ex. 25f.• • • Ditto 6 per Cent, 1863
Italian, 5 per Cent., 1661, Ex. francs --•Ditto account.~,.
Peruvian Dollar Bonds, 41 per Ct.Ex 4s.

THREE 0' CLocx,
olcola Money ............... 91
Ditt0.......
Acc0unt........

ISEARE MARKETS,---This day,

ORDINARY SHARES AND STOO.R.S.

------ _
II ailWap. p „Li. Closing, I Business
Share ! ''' "'" I Price. done.
--1.------------
13.11.1 Bir., Wol., and Str. Val. all 8 81
25 1 Blythe and Tyne.
10 itost.,SleaL,andMid.Co all e*
at Bristol and Exeter
at Caleden'an lOO 120 121
50 Cork and Bandon all
20 Cornwall all 61 71
10 Do A A. gets no div 1) all
10 Do. B till Gp c.p an.lias, i all
been paid to 11.
50 Dublin & Belfast June.' all 37 30
25 Itun„PertliotAb. June, all 10 17
st lEdinturgh & Glasgow.: 100 344
951
at Glacg. and S. Western., 100 106 108
st :GreatEastcrn, Ord. stk 100 57ft 81 43 71
at Ditto A stock , 100 47 40
at Ditto East Angilan se 100 7 0
at IGreatNorthof Scotlandi 100
at :Great Northern ......•
at Do A stock
at Do 11 do
St ,Gt. S. ant W. of Ireland 100 95 97
at ;Great Western
at Do Str Val glut. stock 100
et Lancashire tit Yorkshire 100 It (20 1101 1091 10
at London and Blackwall 100 72 71
et Lon., Bright.,& S. Coast 100 ')
104 106 ;I 104
et Lou., Chat., and Dover 100 .9 41 414 4
et Lou!. & North Western 100 110 1;04 1034
St ILon. & Sw.th Western 100 1101 104
st Man., Shef., ,t Lincoln. 100 511 521 z2l
50 Maryport and Carlisle. all
124 Do; shares all
et Metropolitan all 109 110 1(81 74 1
st Midland
6.4.0 Do New
et Do Birming. & Derby 100 99 101
60 Mid. Gt. W. of Ireland all
25 Do. 1 shares
20 Mid Kent
10 Do Cray Line
at North British
at Edin., Perth, Dundee 100 24 16
at Nth. Eastern—Berwick 100 1031 IC4 1011
25 1)o, G.N.E. purchase 16.13.1 0
at Do Leeds lOO 88 89
et Do York
et Do Carlisle lOO
et !North London
10 IDo New
'P.15.4 North Staffordshire
lu N. and S. W. Junction. all 11 114
at 'Scottish Central
at (Scot N. E., Aber. stock 100 4i 44
at I Do Scot. Mid. stock lOO • 93 10u
10 ,Shrews. and Welchpoo! all
at Shropshire Union
at ;South Devon lOO 84 :6 35
st South Eastern
at South Wales
at IS. York. and River Dun 100 100 102
20 Staines, Wok.,andWok. all 81 94
25 Stockton .t Darlington all 88 39
25 Do l7 9/ 101 e
21 Do New, 1806 8 74 81 1
at Taff Vale.
10 Do B
10 Do C 3 31 41 p
50 Ulster
25 Do
12.10 Do
at Vale of Neath
et Victoria sta. and Pim lOO
at Waterford & Kilkenny; 100
et I %Vest Cornwall , 100 22 24
at W. Hartlepool Hand.: It ! 100
st. West Midland -Oxiord I 100
st Do Newport; 100 TO ••-• .
at Do Herefordl 100 —,-

BRITISH POSSESSIONS.
Closing
',hart Railways Paid. Price. Business done
100 i-.llantio tit St Lawreni.ii all 59 61 59
Sk Born.,Barodack.Cent Ina 100 103 101 1031
Gu. 5 per cent........
20 Do. New . ...... 8 p 1 p
20 Do. E. Shares.
1 p
201 Buffalo and Laxe Huron all 51 54
10 Do. Preference
100 Buflalo,BrantAGodricl too
6 p. ot. bds. Aug. 1,1872
100 Do. do. July 1,1871, 100
100 Do. do. June 1, 1t.4.;,; 100
st Clcutta.m S.O astn.(Lin. 100 101 IC3
at Cape Town Dock Suit 100 101 103
stock Eastn. Bengal gu. sp. ( 100 105 106
sleek East Indian. gu. sp. c. ifi) 1( 4 1( 5 1011
20 Do. do. G Ext l5 2 P
stock Grand Trunk of Canada luu 19i 201
100 Do. Ist Pref. Bonds all
573 I
61 / 74
100 Do. do. deterred all 7
100 Do. 2d I'rel. Bonus all 66 6i
100 Do. do. deferred all 5J 53
100 Do. 3d Pi ef. stock all 49 52
100 Do. do. deferred.-- all 36 (.!
100 Do. 4th I'ref. stork all 26 28
100 Do. do. deferred.-- all 22 e 5
stock Gt.lndiaPenin.gua.sp.c 100 1034 1041 1Q314
20 Do. New gua. sp. c l2 11
20 Do. January, 1862
stook Gt. South.of India (Lim
guaranteed 5 per cent. 100 103 IC4
201 Gt. W. of Canada Sharer all 91 10
201 Do. New
100 Do. 6 p.c. '73 with't op.t. all 92 04
100 Do. 51 p. 0. do. '77-8.. .. all 85 87
10 Indian Branch Limited 2 p IP
stock Madras guar., p. c. .. 100 1,21 H,13;
stock D 0.41 p. 0. Extension 100 97 99
stock Dc.4h d 0........ 100 a 2 96
20 Do. Fifth Extension.l 2 --
stock Melb.Corp. 4p. a. Bnde 100
50 Melb. & ilobson's Bay. all 58 60
100 Do. 7p. c. blortg. lids. all
20 Newßrun.swick Can&
Class A and B. all 3 6
N. Rl.C'das pc lat bds, 100 82 84
stock Soinde •• ..•• ' (100 103 104
stock Do. Delhi, lOO 1.(21 1031 103
20 Do. do . d 2 / ip
at Do. Punjaub ..•• f e all 1621 1031
Do. Do. ........ , , 100
s`ook Do. Indus. St. Flo.) 'k 100

s'oek

COLONIAL GOVERNMENT SECURITIES.
can.Gur. p.c.J a SzJ LH,
1877-81
Do. 6 p.c. Feb. lz Aug. 100 100 102
Do. 6 p.c.Mar..k Sept. 100 102 104
, Do.: p. c. Jan.&July. 10C 8)
Dl
; Do. 5 Inscribed stock 100 8) 91
ICape G.llope, 6 p c,187) 100 106 1(8
Do.Ap & Oct. 1880 100 108 110
Do, 189( 100 110 112
j Do. Jan. do July, 1891.. 100 108 109
IC,eylon, N0v.1878, 6p c 100 111 111
Mauritius 6 per cent .. 100 I')0 108
Natal Gov. 6 per cont.. 1)0 ItB 110
—a.. Jul) 100 101 103
I Do. 6p. c.Ap. & Oct. 100
N. S.W. Gov. 5p :.,1s„, 100 99 100
--Do. sp. c.,18f1 to 173( 100 99 10 ) 99k
Do. d0.,i888 ctupWdf 100 99 IGO 995
;New Zealand 6 p cent. 100 ICB 110
,Nova Scotia Gov. 6p. c.
1 ster;ing, 1875 lOO IC4 106
,Queensland Gcv. 6p. c lOO
- S.Aus G6p.c.1873.& up lOO 10) 111
:Vlc.Gov. p.c. Ja.drJuly 100
DO. 10 61).0. An.,tOci... 100 110 111 1101 11 toi 11
BRITISH MINES.
2 Cambrian Coasol. Gold 1 scl
ulifford Amalgamated.. 311 865
I
Devon G. Cone. (Tavist.) 1 570 680
East Bassett(lllogan).. 30 625 674
East Clogau Gold Ltd. —'
East Caradon 12.14.6 3i 33 33j
East Caru Brea... 3.4.0 65 7
E. 4"1 Russel (Tavistk.), 8.9.0 41 41
Gam..lzSt.Aubyn(Gwen ; 581 10 11
Great South Tolgus 178 4 45
G. Wheal Vor (1101ston 90 25,E 34
311 4 35 6
Grenville..
Ilerc.d's-Foot . 8.12 115 37
llingston Downs 4.18.0 4 45
Lady Bertha
Nlargarct (tJny Lclant 9t, 17 10
—ll arke Valley..
4 Ilyn,ly Iran Oro (Lim ; 2,5 It 1(1
New Seton l9l 8i (5
- •
I ,'north Downs l5 2
N.WlClBaseet(lllo.fan 3.1.0 I 2 25
North Wheal t,"roity
Par Consols (6t. Blazey;
t'rovidence(Uny Leint.; 10.6.7 41 46
South Caradon(St.Cleer, 15 1 440 160 •
—S. Cara Brea (Illogan) —
Fran. (11100n,,18.18.9 55 60
'Stray Park 130.17.6 23 80
- ' ['mar Silv ct Lead Min.
Cin Croft 9 20 205
-- ;West Basset (Illogan) l5 11 12
_-I W C, radon (Liskeard; 5 20 21
'West Seton
!Wheal Basset (Mogan 85 10 200'
(Wheal Bulleratedruth; 10 875 025
Wheal Kitty (U.l.elant; 2.0.6 31 37
VirhealLuthott
IWhcal Mary Ann is:den ) a 135 115
'Wheal Seton 585 175 185
I Wheal Trciawney (Lis ), 7 2 5 2:5
!Wheal Union I 3.17 25 21 I

PREFERENCE SHARES.
Great northern, 5 per cent., red. at 5 per cent. pm., 1085
Great Western, 5 per cent. red prt., 102
Mid. Consolidated, 6 per cent. stock,
Ditto. Bristol and Ilirm., (1 per cent., 1354 65 I
North Eastern. York, 11. and Selby purchase, 104
North ;Staffordshire, 1:25
PREFEMENCE SHARES AND STOCKS.
London, Brighton, 45 per cent., 1858, 101
LINES LEASED AI: FIXED RENTALS.
Hull and Selby, 1105
London and Chatham, 45 per Cent., —1
Ditto, Cont. Fund stmk, 5
rider cent., 100
London, Tilbury, and South, Do
FOREIGN RAILWAYS.
Antwerp and Rotterdam, 94
Bahia and San Francisco (Jun.) gua. 7 per cent., 175
Sambre and Meuse, 74
San Paulo gua. 7 per cent., 85
Ditto (all), 215
South Austrian and Lombardo Venetian, 205
West Flanders, 5} per cent. pl., 102
FOREIGN MINES.

Alamillos, limited, 1
Cape Copper, it n., 10 1
Fortuna (lilitn.), 4
Linares, m., 7
Mariquita,
Fort Philip,,ll
St. John del Rey (lint.)
United 51
United Mexican (line„ 11a 1
Yudananiutana of S. Australia, UM., 2/ 1.
JOINT-STOCK BANKS.
Antra and United Service (lim.), 1231
Alliance Bank of Lothi)n and Liverpool (Um.), 481 71 9 81
Ditto, new, 34/ 31
Australasia,
Ditto, new, 471 7
Bank of Egypt, 261
Bank of London. 165 41
Bank of ()tap:), lint., 311
Bank 01 Queensland (inn), 15 111
Brazili in and Portuguese, limn., 8 71
Chartered Batik i India, Australia, and Chins, 446 4
Ditto, new, iossued at £lO pm, 31
City, 116 15
Consolidated Bank, lint., 106
Continental, him., 91
Hindustan, China, and Japan (Urn.), 311 1
Imperial Bank (lim.), 261
Imperial Ottoman. 181 a
Land Mortgage Bank of India, Um., 31
Loudon Chartered Bank of Australia, 261
London and County, 576
London Joint Stock, :.Si
London and Westminster, £Ol 79)
Merchant Bank, lim., 111
?damp. and Fr 0,.,. Bank (lim.), 25
New South ‘Vales,7)(Q
Oriental Bank Corporation. 15 41 5
Scinde, l'unjaub, and Delhi, lint., 7i
Union of heathen, 471 6/ 71 8 6) 8
311SCELT.A.NE01JS.
Berlin Water Works, lam', 9 1
Bombay Gas, limited, 41
British Indian Tea, Wu., 5i
Ceyloa Company, 9)
Commercial Union :insurance,, 01
Last India irrigation and Canal, 3a K.
Egyption Comm, rcial and Tracing, ; 2
Gen. Credit and Finance of Loudon, lint., 71 6 71
& is 1

MISCELLANEOUS—Continued.
International Financial Society, 13 121 ; 1 1 g
Intercolonial Royal Mail Steam. lim.. 711
Italian Irrigation (Canal Cavour), 4
Ditto, 6 per cent. Bonds, redem. IS7O, issued 00, 84
Joint •stock Discount, liin., 6g g
London and Caledonian Marine, lim.,
London Financial Association, Rm., 261 6
London l'rovincial Marine, 37, 4
Mauritius Land, Credit, and Agency, Rm., 21
Mercantile Credit Association, lim., 141 131 14
National Discount Company, lim., 121
Nova Scotia Gold and Land, lim., 1
•
Ocean Marine (Insurance). 181
Oriental Inland Steam, Ern., 21 1
Ottoman Gas Rm.) 21
Peninsula and Oriental Steam, 78
.:.Ditto, new, 481
Rhyniney Iron, 27
Ditto, new, 71
Scottish Australian Investment, Urn., 140
South A [limn Mortgage and Investment, 51