The Sun.
London, England, 1863-09-16 00:00:00

ONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE o'CLocK.
There has been a very good demand for accommo-
dation to-day in the general discount market, where
_g
Per cent. is now the ordinary charges, with a
few transactions at 31 per cent.
About £37,000 in gold was taken into the Bank
Yesterday.
TLe supply of Mexican dollars brought by the
Shannon have been sold at ss. 3d. per oz.
The capital necessary for carrying out the Atlantic
Telegraph enterprise in the best manner has now
been provided. Tenders and specimens from eight
Contractors have been received in reply to the
Company's advertisement. These were all sub-
mitted to the Scientific Committee appointed
by the directors, and consisting of Captain Galton,
It.E., Professor Wheatstone, Professor Thom-
"n, Mr. W. Fairbairn, and Mr. Joseph Whitworth.
This committee have sent in their report, unani.
mously recommending the board to accept the tender
of Messrs. Glass, Elliot, and Co. The directors
have accordingly accepted Messrs. Glass's tender,
and entered into a contract with that firm, whereby
the latter are bound to manufacture a cable of the
best description to be approved by the Scientific
Committee and the board. They also undertake to
lay the cable across the Atlantic in 1864. The
Manufacture of the cable has already commenced.

Two o'CLOCK.
At a special meeting to-day of the shareholders
of the English, Belgian, and Netherlands Bank, a
resolution was unanimously agreed to for amalga-
mating the institution with that of the Union Bank
of England and France. The name of the new insti-
tution is to assume is the European Bank, Limited,
possessing a capital of £2,000,000, divided into
shares of £5O each. The chairman, Mr Macnaughten,
stated that as both banks were to have eperated in
the same field, there would be a great saving of
expenses representing somewhere about £5,000
at the outset, and about £lO,OOO a year after-
wards, with the influence of the two Boards
united and a combination of capital. The
-Union Bank of England and France was trans-
acting a good business, and contemplated an-
nouncing a dividend. The expenses of the English,
Belgian, and Netherlands Bank amounted to
47,500, about £5,000 of which was for promotion
Money.

There has been a decline this morning in the
English Funds, amounting to about per cent.
This retrograde movement has been caused by a few
!a-eel which at the present time, when so great
inactivity prevails, are sufficient to influence the
quotations. The principal attention of the mem-
bers has been engaged with the settlement of the
account. Consols are 937, for money, and 931 for
the account. The New Threes and Reduced are
.92 ; India 5 per Cents., 108 1 ; do. 51 per Cents
, -411 faced Paper, 1171 ; do. Debentures, 997, 100
do- Bonds, 17s. to 20s. prem.; and Exchequer Bills,
par to 3s. prem.
Foreign Securities have not been very active, and
Prices have been tolerably well supported. Turkish
6 Per Cents., 1862, are 711 ; do., Consolides, 53& j ;
Mexican, 441 f, ; Spanish Passive, 36r5,- a ; do., Cer-
tificates, 141 141; Greek, 37; 381 ; do., Coupons,
18 183; Pirtugnese, 491 ; Peruvian, 8814; Rus-
sian, 937, ; Italian, 721; and the Confederate Loan,
26 to 24 discount.

Business in the Railway Market has been dull,
but in some instances prices have shown a firmer
tone. Great Northern, Brighton, and Metropolitan
have each improved ss.

The Foreign and Colonial lines remain without
material variation. Recife and San Francisco,
however, have improved to 19/ 199, and Scinds
to Mi.

Bank shares, in some instances, are also at en-
hanced rates. City Bank realised 111 112; London
and Buenos Ayres, 46,1 47; and Union of Lon-
don, 391.

In the Miscellaneous Market Crystal Palace
Stock has declined to 37,4. General Credit and
Finance are quoted 4i; London Financial, 13; and
Peel River Land, 48 49.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock —
3 per Cent. Reduced Annuities
3,,per Cent. Consols Annuities
New
per Cent. Annuities
-"e'97 31 per Cent. Annuities
New 21 per Cent. Annuities —
5 per Cent. Annuities
4ntiuities, 30 yrs, expire 6th Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 —
Ditto (Red Sea Telegraph), Aug. 1908 2l 1-16 I
India Stock
Ditto 5 pez Cent
Ditto Enfaced Paper, 4 per Cent .. 951
Ditto 5 per Cent
Ditto 51 per Cent
Ditto Debentures, 4 per Ct., Oct., 1863 99k
Ditto ditto April, 1864 100
Ditto ditto
Ditto Bonds 11,000 Aug. 1864 or 66
20
Ditto under £l,OOO . ... 17 pm
Bank Stock for Account
.9onsols for Account, Oct. 8 .. 931
ladia Stock for Account, 5 per Cent —
4"thequer Bills, £l,OOO, 2/ per Cent par 3 pm
Ditto £5OO
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent _...
Brazilian sDitto 1859
oer Cent
Ditto, 1839 and 1859
Ditto 1843
Ditto 41 per Cent., 1852-58-60
Buenos Ayres 6 per Cent
Ditto 1 per Cent. (Deferred 3 per Cent.)
Chilian 6 per Cent.
Ditto 41 per Cent.
Danish 4 per Cent., 1863
Ditto 3 per Cent., 1825.
Dutch, 21 per Cent., Ex. 12 Guilders
Equador New Consolidated. 1 per Cent —
Ditto, Provisonal Land Warrant. —
Egyptian 7 per Cent
Ditto, Second Issue--
Greek 5 per Cent., 1824-5, ex-Coupons 37/
Ditto Account 3Bk
Ditto Coupons lB
Ditto Account lBa f
Italian 5 per Cent. (Maremmana Railway)
Mexican 3 per Cent
Ditto Account
Moorish Imperial 5 per Cent
New Granada .. ll3l
Ditto 2 per Cent.
Ditto Deferred —
Ditto Land Warrants (Hectares)
Peruvian 3 per Cent. ..
Ditto Account
Ditto 4/ per Cent., 1862 ..
Ditto Account .. 88/
Portuguese 3 per Cent., 1853
Ditto Account....
Ditto 3 per Cent., 1866, '7, '9, '6O, 62.. 49} i 1 / 9
Ditto Account
Russian 5 per Cent., 1822, £ St
Ditto 41 per Cent 1850.. .
Ditto 3 per Cent., 1859 ..
Ditto 5 per Cent. 1862
Sardinian 5 per Cent .... -
Ditto Account
Spanish 3 per Cent
.
Ditto Account —
Ditto New Deferred
Ditto Account ...
Ditto Passive
Ditto Account 36! 7 6
BPanish Cert. of Coup not funded
a /
Ditto Account
Turkish 6 per Cent. 1854 H / t
Ditto Account...
Ditto Ac
Ditto 6 per Cent. 1858
count _
Ditto, £lOO Bonds .... ...
_
Ditto 6 per Cent. 1862 —
Ditto Account 7ll
Ditto 6 per Cent. 1863, £1.9 16s 8d pd. Ditto Guaranteed, 4 per Cent —
Venezuela 3 per Cent.
Ditto
Ditto 6 per Cent. 186.2
Ditto Account .: .. . :
Dividends on the ................. le .in sL9lnuton. '
Belgian 41 per Cent., Ex. 95f.
Dutch 21 per Cent., Ex. 12 Guil
Ditto 4 per Cent. Certificates
French Rentes, 3 per Cent., Ex, 251...
Italian, 5 per Cent., 1861, Ex. x.
251
Ditto Account. ** ......... 25.
iik 3
Consols, THREE O'CLOCK.
Money THREE
Ditto Account

Liverpool Cotton Market—This Da'

(REUTER'S TELEGRAMS.)

Still advancing. Sales, about 20,000 bales. Mid.
erle4es, about 271 d. Imports, 2,218; previously,
,661.

SP°ItT •
lieWaPab per 16 E 0 much the rage in Paris that the
BNrtiniedt,,l4 France intends to devote a daily column to
4441 'lluieel,4B', keitiding quotations of betting in England