The Sun.
London, England, 1864-01-07 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
Now that the preparations for the settlement
of the Consol account are completed, the condition
of the money market appears easier, and the bill
brokers are more freely negotiating first class bills
at 6i per cent. The demand for monetary accom-
modation has fallen off, and as no fErther orders
for gold on continental accounts are known to be
on hand,,a more favourable feeling has been engen
dared in financial circles.
About £3,000 in bar gold was taken into the
Bank yesterday.
The City of Washington has arrived from New
York with £9,000.
The last week's railway receipts ascertained up
to this day are in round figures es under:—

1864. 1863.
Great Western £55,268 £50,626
North-Western
South- Western
Brighton
Midland
South-Eastern
Great Northern
Lancashire and Yorkshire 35,740 32,520
Bristol and Exeter
North-Eastern ~ 48,786 45,727
Manchester, Sheffield, and Lincoln. 15,597 14,071
North British
Scottish North Eastern 5,046 4
.816
Glasgow and South- Western....
These returns, compared with those of the same
period of last year, are in most instances exceedingly
favourable. On the Great Western there is an in-
crease of £4,642 ; on the Great Northern of £3,994;
on the Great Eastern of £3,660 ; on the Lancashire
and Yorkshire of £4,220 ; on the North Western
of £7,398; on the South Western' of £2,276; on
the Midland of £3,868; on the North Eastern of
£3,059 ; and co the South - Eastern, of
£613 The North British, however, shows a de-
crease of £l3, and the London and Brighton of £l4B.
The British and American Exchange Banking
Corporation held its first ordinary meeting to-day-
Mr. Gordon presided. The directors had previously
stated in their notice convening the meeting that
no business would be submitted till March next,
when the accounts would be presented, but they,
in opposition to their own proposal, brought for-
ward a motion to re-elect themselves in
a body, without giving the usual notice.
The meeting appeared desirous to re-elect the direc-
tors separately, which, being opposed to the original
motion, occasioned a demand for a ballot, end an
angry discussion ensued, which was continuing h
when the report left. 1
Messrs. Willis, Gann, and Co. have announced, 8
on retiring from business, that their New Zealand
line of packets will be transferred to Messrs. Green,
Robinson, and Co., and that the insurance transac-
tions of the house will be continued by Mr. Barker
as heretofore, under the firm of Willis, Barker, and
Co,
An Anglo Italian Bank, which has been for some
time in preparation, will, it is said, be shortly intro-
duced, all the preliminary arrangements having been .t;
completed. Sir James Hudson and Baron Ricasoli
will be members of the board of direction.
The biddings for £500,000 in bills on India took to
Place yesterday at the Bank of England. The pro- ro
portions allotted were to Calcutta, £270,000; to to
Bombay, £210,000; and to Madras, £20,000. The
minimum
price declared was, as before, ls. llid. :(
on
ner Bombay,
on
Calcutta and Madras, and Is. 11;1.6
The applications within the limits ;
!mounted to £3,700,000. Tenders on Calcutta at tt
let will receive about 13 per cent. ; on Bombay,
at
28. %de about 34 per cent.; on Madras, at
Pe. llfd., about 60 per cent., and all above these
wtlee" in full. On the 17th ult.. when the biddings
re
for £400,000, the applications within the
on „le amounted only to £1,240,000, and tenders
`alautta at ls. Hid. received about 9 per cent.;
th...ose On Bombay, at 2s. Old., in fall ; and those on
,;;
alftri
at ls. about 60 per cent.
The share list of the British Nation Fire Insur-
ance Company will be closed on Tuesday next, the 8_
12th inst., for London, and on Thursday, the 14th
inst., for the country.

Two o'CLocx.

At the Paris Bourse this morning (according to
Mr. Reuter's telegram) the Three per Cent. Renter
Were quoted at 66f. 75e.
Not much activity is noticeable to-day in the
Stock Exchange Markets, where few unimportant
changes have occurred. The English Funds show
symptoms of heaviness, although the more favour-
able German telegrams at one time lent additional
strength to quotations. Console are 91 for money,
and 911 / for the February account. The New
Threes and Reduced Annuities are 90 A ; Exchequer
3s. dis, to ls. prem.; Bank of England Stock
is marked 235 236 ; India Stock, 219 ex. div.; do.
5 per Cent, Enfaced Paper,lo4 ; and do. Bonds, par
to 3e. prem.
The business negotiated in Foreign Stocks this
morning has not been large, and the variations have
not been important. Mexican remain steady at 36:
the Bonds, Bonds at 241 I, show an advance of ;
—Olipons continue firm at 11; Spanish Passive
are again ,„
"it ; the Certificates hive declined /,
4°71, to 14
; Turkish Consolides are k worse, at
104. ; and the Confederate Loan is steady at 38
10 the Railway Share Market business has been
exceedingly
dull. A firmer tone, however, prevails,
owing to the favourabla traffic receipts on most of
tLlilen eoPlrnincipal lines. Manchester, Sheffield, and
and Metropolitan, have improved 108., and
South Eastern ss. Lancashire and Yorskhire, and
South Western, have each declined ss.
The
Foreign and Colonial lines exhibit little
change
importance.
Ban} and Miscellaneous Shares generally exhibit
a firmer tone. Alliance have advanced to 46/ ;
hartered of India, Australia, and China to 391
40; National Shipping Company are quoted par
t°t Prem.; Pacific Steam 11 1/ prem. ; Contract
2irprriletroio.ll) 21 3 prem.; and Australian Shipping,

0 O'VBRITISII FUND LOSING PRICES
EltliltEli'r 3 per Cent. Consoiti"4B. 91 1 I
Ditto Account Feb:4... ***************** 99141
3 per e.educed * .•
New 3 per Cent„ *************
Exchequer Rills
..................... 91k 1 i
Ditto t £l,OOO, 21 & 3 per Cent.: i
par
Ditto £SOO
INIIII
£lOO and £2OO
I. Xck GovEB7N
RMENT SECURITIES.
India Sto 14
Ditto Ent' .. •• 219 x d
Ditto p aced Paper, 4 per Cent.... ••
4 er Cent
Ditto 6 per Cent , .. 104
Jan. 1872
1) ~ (sonde t 1., Hit I
Ditto under £l,000
FREIGN FUNDS—CLOSING PRICES.
AttatrianOßonds, 5 per Cent ..
Brazilian 5
Ditto 1859
Per Cent
Ditto, 1839 and 1859
. lyptian 7 Ditto 4i per Cent.e
, 1852-58-60
Ditto, Second
1011 * 1001, 1:
er Cent
Issue
Greek 5 per Cent., 1824-5, ex-Cou •
ons.. •
Ditto Account ..,........• . 24* 1 I
kexican 3 per Cent
...
Ditto Account ................
Foluvian ~per Cent.
Ditto Account ....... ._ ............ ..
Ditto 4i per Cent., 1862 ........ ....
p bittoAccount ...................... 851 6
Ditto 3 per Cent., 1853 ...... —
Account
Ditto
3 per Cent., 1856, '7, '9, '60.,.6..2,23
4-71
8,„.".te Account
"41eh
Pitt per Cent
to PftlV -
0 -
S).;i4._ tFi "
Account 34* i a
vanish Cert. of Coup not funded .. —
..1)i
14 it 14tto Account 1
turkigh 6 per Cent. 1854 Ditto
DDitto Account .....
.........
6 per Cent. 1858 .
70 69/ 701
Ditto Account
Ditto 6 per Cent. 1862
Ditto Account
Ditto, 410 t) Bonds
Ditto 6 per Cent. 1863 ............
.
Ditto Guaranteed, 4 per Cent Ditto Debentures, 4 per Ct.,Oct,Oct 1863
Yettexuela 3 per Cent. ...... Ditto Account 24
Ditto 6 per Cent., 1862
Ditto Account
Dividends on the above payable in London.
Dutch2i per Cent., Ex. 12 Guil
Ditto 4 per Cent. Certificates
'tail :1, 5 per Cent., 1861, Ex. 25 FTancs —
Ditto Account.....
671
THREE O'CLOCK
CoiiiioliThltineY
.. 911 i
Ditto Account . t • • ••