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

MONEY XARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
There is an activa 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.
During 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
offer. 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 .t 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 £199,950 183. 11d. This SUM was
applied as follows :-Ist, £19,931 10s. ld. to pay-
ment of interest at 5 per cent. per annum on the
called-up capital, in conformity with clause No. 154
of the articles of the association; 2d, £77,568 93. 11d.
to bonus, to make, together with the abuve interest,
a dividend of 139. per share, free of income tax;
equal in all to 25 per cent. per annum ; 3d, £lB,OOO
193. 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. sd. to be carried forward to new ac-
count, which balance, together with the amount of
£lB,OOO 195. sd. placed to reserve fund, leaves a
total of £94,681 18s. 10d. undivided.

The Queensland Sheep Investment Company has
been 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
prcfit 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 66f.
26c, to 66f. 20c. Very flit.
A. further decline of a per cent. has taken place
in the market for Consols, which are now quoted ®t
90i 91 for money, and 91:- for the account. This „t
progressive depreciation is attributable to specula-
tive sales, consequent upon the unfavourable feeling
relative to the Danish war, and the complications I;
to which it may yet give rise. The New Threes
et,'
and Reduced Annuities are 901 91 ; Exchequer it
Bills, ss. to Is. dis. ; and Bank Stock is firm at at
237 2381. India Stock is 217 218 ; ditto 5 per at,
Cents, are steady at 104: t-; and Enfaced 5 per 1
Cents. at 1051, 106,

A general downward movement has taken place m
in the value of the principal speculations. Foreign 81
Securities are on sale on Continental account, and '
business is not very active. Turkish 6 per Cents., 1862, are 69 ; do. Consolides, 501 ; Mexican, 42i ; 8,
Greek, 22 f- ; Spanish Passive, 35Z- Z ; do. Cer-
tificates, 131 14 ; Portuguese, 471-, 481 ; Italian,
661 K ; and the Confederate Loan, 42 44 ex. div.
and drawing.

The operations in the Railway Share Market
have been very limited,and prices in some instances
have been Et 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. ;
IMauritius Credit prem. ; National Shipping
par toi prem., and Australian Shipping 83-, 9i prem.

Railways
,ttlantie & Si Lawrence

Paid.
all
100

Clesing
Prioe.
59 -61'-
103 101
p 1 p
P P
51 Bk
76 86

Bom.,Barodadz.Centlne
Gu. 5 per cent..
20 Do. New . •
20 Do. E. Shares...
204 Buffalo and Laxe Huron
10 Do. Preference
00l Buff alo,Brant,&Godricl,
p. et. bds. Aug. 1, 1872
00 Do. do. July 1, 1.87','
00 Do. do. June 1, 1,7 1
st Cleutta.&S.Eastn.(l,ll,
st Cape Town e:, Dock Seri i
ock Eastn. Bengal gu. 5 p.
eek h:ast Indian, gu. 5 p. c.
20 Do. do. G Ext
20 Do. do. II do.
cek Grand Trunk of Canada
.00 i Do. Ist Pref. Bonds
00 Do. do. deferred
,00 Do. 2u Pret. Bonds
100 Do. do. deferred
100 Do. 3d Pref. stock
100 Do. do. deferred.--
_ .

7i
all
all
100

101 103
101 103
105 106
114 1i 5
# P'
P,
19 20i
73 1$
57 51
66 61
5J 53
49 52
33 12
26 28
22 05
1031 104!
* 1
* t 1

Do. 4th Pref. stock...
Do. do. deferred......

Business done

)ok Gt.lndtaPenin.gua.sp.o
tO Do. New gua. 5 p. 0...
tO Do. January, 1862 ..
>ok Gt. South.otlndia(Lim

guaranteed 5 per oent.
104 Gt. W. of Canada Shares
104 Do. New . . •• •
)0 Do. 6 p.c. '73 with't opt.
)0 Do. 54 p. o. do. '77-5....
LO Endi.an Branch Limited
)ck Madras. guar., 5 p. o.
)ck Do. 44 p. o. Extension
Dok •
Dc do

20 Do. Fifth Extension.
ock Sielb.Corp. 6p. o. Bnds.
50 slelb. & Hobson's Bay.
00 Do. 7p. C. Hoeg. Bds.
20 Newßrunswick et Cands
Class A and B. ..
N. Itl.C'daB pc Ist pi bile
tock &bade
lock Do. Delhi ri
20 Do. do .
et Do. Punjeub
Do. Do. ••
ook Do. Indus. St. Flo.)

all
100
(100
1 100

103 104
9i 10
11 10i'
92 94
85 87
p 1p
102 i 103;
97 99
V 2 95

59
1031

1

COLONIAL GOVERNMENT SECURITIES.
Cair.Goy. 6 p.e.J a. &J ul)
1877-81 .........., 100 101 103 10';
Do. 6p. c. Feb. & Aug 100 160 102
Do. 6p. c.3lar. & Sept 100 (102 104
Do. Ip. c. Jan.&July 100 'B9 91
Do. 5 Inscribed stock 100 8) 9l
Cape G.Hope, 6p 0,1872 100 'lO6 108
I Do.Ap & Oct. 1880 100 108 110
I Do. 1890 100 110 112
,Do. Jan. & July, 1891 103 108 109
Ceylon, N0v.1878, 6p c 100 111 lit
'Mauritius 6 per cent lOO 106 108
Natal Gov. 6 per cent 130 ItB 110
-.. N.B.Gov. 6 p.o.Ja.&Jul) 100 101 103
Do. 6p. o.Ap. & Oct. 100
N. S.W. G ov. 5 p a.,188( 100 99 100
Do. sp. c.,18Y1 to 137( 100 99 10) 99
-. Do. d0.,1888 &upwds 100 99 IGO 99; 1
!New Zealand 6 p cent. 100 108 110
I N 3Ta Scotia Gov. 6p. c.
sterling, 1875 lOO 104 106
!Queensland Gcv. 6p. o lOO -
- S. Awl G6p.c.1878.& up lOO 100 111
,Vie. Gov. 6 p.c. Ja.&Jul3 100
—Do. to 6 p.c. An.&Oet.. 100_110 111 itovii 10 1,
BRITISH. MINES.
2 i Cambrian Consol. Gold 1 1 id
übfford Amalgamated.. r 3,1 36/
Devon G. Con, (Tavist.) 1 570 680
East Bassett(lllogan).. 30 , 6) 65
East Clogau Gold Ltd. d
East Caradon ..... ....., 1.14.6 324 331 331
East Cam Brea.... , 3.4.0 64 7
M. WI Russel (Tn.vistk ) 8.9.0 41 41
Gam.&St.Ant.-yn(Gwen ) 581 10 11
Great Soutli Tolgus 17s 4 41
(11. Wller.l Vor (llelston 40 27 29 311 4
Grent:llle,.
Ur..rc.41.5-Foot .. ; 8.12 35 37
.lingston Downs ; 4.18.0 4 41
-- Lady Bertha
Margaret (tiny Lelant 9; 17 19
Marke Valley..
4 Myndy Iron Ore (Lim ) 21 14 1 6
New Setun l9l 8) 15
• North Downs 2l 11 2
N.Wh'i Basset (111o2;an, 3.1.0 2 21
North Wheal Crotty -
- t'ar Consols (6t. Blaze)) -
- Providence (Uny Lelnt ) 10.6.7 44 46
South Caradon(St,Cleer) 11 440 160
S. Cara Brea (Illogan).. -
- ti.Wheairran. (lilogan) 18.18.9 15 60
Stray Park 30.17.6 23 30
famar Silv.& Lead Min ' --
- fin Croft , 9 ' 20 201
West Basset (Illozan) 11 11 12
W Cr radon (Liskeard; 5. 20 22
West Seton
Wheal Basset (Mogan' 54 190 220
—.. Wheal Buller (Redruth) 10 871 921
( Wheal Kitty (U.Lelant) 2.0.6 31 37
WhealLudcott
Wheal Mary Ann (ien ) 8 134 141
Wheal Beton 5Bl 175 185
, Wheal Trerawney (Lis.) 7 2 ; 211
!
Wheal Union 3.17 21 21

FREFERENCE SHARES.
Mid. Consolidated, 6 per cent. stock,
Ditto. Bristol and Birm., 6 per cent., 1354 6}
North Eastern, York. 11. and Selby purchase, 104
North Staffordshire. 22i
South Devon, Anne., 10s.,
_34

PREFEKENCE SHARES AND STOCK..
London, Brighton, &c., 41 per cent., 1858, 101.

FOREIGN RAILWAYS.
Antwerp and Rotterdam, 91
Bahia and San Francisco (lim.) gua. 7 per cent., 171
San Paulo (Urn.), atm 7 per cent.,
Ditto (ail), 21/
South Austrian and Lombardo Venetian, 201
FOREIGN M]NES

Alamillos, limited, ar
Cape Copper, Rm., 10 /
Fortuna (lim.),'4]
Linares, lird., 7
Port
St. John del Rey (1im.),'51
United Mexican (Um),

JOINT-STOCK BANKS.
Agra and United Service (lint.), 1231
Alliance Bank of Lou .A.on and Liverpool (UM.), 48} 71 9 8
Ditto, new, 341 31
Australasia,
Ditto, new, 471
Bank of Egypt, 261 /
Bank of London. 165
Bank of otago, lira., 31 4
Bank of Queensland (Um), 15
Brazili in and Portuguese, lim., 8 7;
City, 116 151
Hindustan, china, and Japan (lira.), 31/ 1.
Imperial Ottoman, 181 /
Land Mortgage Bank of India, Urn., 31
London Chartered Bank of Australia, 261
London Joint Stock, 381 „„,
London and Westminster, 801
Merchant Bank, Um., 111
Metrop. and I'rov. Bank (lira.), 25
• New South Wales;: 0.1
Oriental Baru: Corporation. 65 41
Scinde, Punjaub, and Delhi, lim., 71
Union of London, 471 6f 7/
MISCELLANEOUS.
Berlin Water Works, lim., 9 1
Commercial Union (Insurance, 91
East India Irrigation and Canal, 3f ;
Egyptian Commercial and Trading, lim., 41 ;
Gen. Credit and Finance of London, lim., 71 8
Hudson's Bay, 19/ Isl
International Financial Society, 13 121 1
Intereolonlal Royal Mail Steam, lim., 7i
Jonit•stock Discount, lim.' 61
London and Caledonian Marine, lira., Tl-:
London I'inan3iftl Association, Bin., 261
London Provincial Marine, 3} 4
Mercantile Credit Association, Urn., 141
Ocean Marine (Insurance), 181
Oriental Inland Steam, Inn., 21 1
Peninsula and Oriental Steam, 78
Ditto, new, 481
South A Wean Mortgage and Investment, 51

By advices fromliamburg the price of gold is 4231 per dark
and the short exchange on London is 13.41 per £1 staling,
Standard gold at the English Mint price is, therefore, rather
more then 2-10th8 per cent, dearer in Loncicn than in Rani-
burg.