The Sun.
London, England, 1864-05-13 00:00:00

]CONEY MARKET

AND

COMMZIWIAL INTELLIGENCE,

CITY, TWELVE O'CLOK.
Lower rates now prevail in the general discount
market. The simultaneous appearance this morn-
ing of two favourable returns from the Banks of
England and France have produced a feeling of
satisfaction for the present and of hope for the
future, More money is also known to be in the
possession of the bankers and bill brokers, and as
there is less enquiry for accommodation, competi-
tion has caused the quotations to descend to 81
per cent. for first-class bills,
About £63,000 in gold was taken into the Bank
yesterday,
The steamer La Plata has been announced from
the West Indies with £220,000.
The directors of the Bank of Wales (Limited)
have concluded arrangements for the transfer of the
old-established private banking business of Messrs.
Lock, Hulm, and Co., of Pembroke and Tenby.
Mr. Joseph Canham, M.D., St. Lawrence, Rams-
ge to (late Burgess, Canham, and Co., bankers), one
of the partners of the Ramsgate Bank, recently
merged into the South-Eastern Banking Company,
has joined the board of the latter establishment.
Mr William James Watson, of Messrs. Haggard
and Co., has joined the Board of the Scottish and
Universal Finance Bank.

During the last few days there has been a mo-
derate amount of business transacted in the Foreign
and Colonial Produce Markets. Sugars have beta
in rather active request at full rates, while there
has been a better demand for coffee, superior de-
scriptions of colonial having realised enhanced
prices. In rice, fruit, and spices there has been
about an average business, while the tallow market
has continued very dull, and quotations have shown
less firmness.
The Bank of England return for the week to
Wednesday last shows some important changes.
The other securities have been increased through
the high rate for money charged in the open mar-
ket, but the bullion and reserve of notes have like-
wise received some large additions. Subjoined is
our usual analysis :
Active Circulation .. £20,958,850
Decrease
Bullion .. 525,400
.. • • .. 12,705,257
Rest
Increase
..
~ 251,007
.• .. • • 3,264,820
Increase .. Public Deposits 45,976
Increase .. • • 7,299,494
.• .. 318
Other Deposits..
.. •
.. 12,901,362
,160
Increase .. .• 622,257
Seven Day and other Bills
.. 520
Decrease ee ee ee 4Po 41,,4137
05
Government Securities 10,785,267
Decrease .. ee ee
Ike 287,000
Other Securities .. •21,356,943
Increise
..
Notes Unemployed 455,783
5,749,710
Increase •
• .. .. 805,530
The return issued by. the Bank of France also
presents some important and favourable changes.
The bullion has received an addition of £940,000,
the Treasury balances of £268,400 ; the current
accounts of £1,790,000, the discounts of £1,590,000,
and the notes in circulation of £300,000, A decrease
of £253,300 is shown in the advance on stock.

At Paris this mornin Two O'CLOCK.
g, according to Reuter's
telegram, the Three per Cent. Rentes were 66f, 670.
—Firm.

The market for the English Funds presents a
very animated appearance. No fresh political con•
troversies arising, and the reassuring facts shown
in the Bank returns of England and France, have
produced a salutary effect. Consols are 3-16th
better than yesterday, the quotations being 91Z
fl
for money, and 901 1, less the dividend, for the
account. The New Threes and Reduced Annuities
are 88/ 89 ; the 5 per Cents., 1873, 1072 ; March
Exchequer Bills, 19s. die. ; and June do. 4s. die.;
and India 5 per Cents, 105; Bank Stock is 237,
239, and 217, 2181,
The Foreign Market opened with a very flat ap-
pearance, but more business has since been per.
ceptible. Turkish 6 per Cents., 1862, are 70/ 711;
do. Consolide3, 47/ ex div.; Greek, 22/ I; Mexi-
can, 444 Z-; do. New Loan, / die.; Spanish pas_
sive, 341 ; Portuguese, 47.1 481 ; Russian Scrip,
1' 3 prem. ; Swedish, / 11 prem. ; and the Con-i
federate Loan, 64 66.

In the Railway Share Market the operations
have not been very extensive, the dealers and
speculators being chiefly engaged with the settle-
'tent. Prices, however, show rather more firmness.
Lancashire and Yorkshire and North Western have
each improved 53. ; Caledonian and Great West-
ern 10s., and North Stafford £l, while Great North-
ern A Stock has advanced 55., and Manchester,
Sheffield, and London, 10.
The Foreign and Colonial undertakings show
little variation of importance.
Bank and Miscellaneous Shares generally are at
steady prices, with the exception of Bank of Lon-
don, which have declined to 175, and Oriental
Bank
11 to 651. International Financial are steady
at k, and Royal Mail Steam at 84 5.
The following are the current quotations of some
of the principal new Fojeots :—Seottizl, Universal

Bank, 2i 3 pm. ; Provincial Banking Corporation,
1 1, prem.; International Land Credit, 21 prem.;
Sabloniere Hotel, i li prem. ; and North Anetrahan
Company, 11; prem.

BRITISH FUNDS—ONE O'CLOCK.
GOVERNMENT FUNISI.
3 per Cent. Consols
Ditto Account, May 8
per Cent. Reduced
New 3 per Cent. B9 8}
New 2} per Cent. Jan. 1894....
Ditto 5 per Cent., Jan. 1873 lO7
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 —
Ditto (Red Sea Telegraph), Aug. 1908 2oa
Mune
Exchequer Bills, £l,OOO, 21 & 3 per Cent. 10 arch. J
4 die.
Ditto £5OO
Ditto £lOO and £2OO
3ank England Stk, 51 per Ct.
Ditto Account..
INDI&N GOVERNMENT SECURITIES.
India Stock, 101 per Cent., April 1874 217 181
Ditto 5 per Cent. July, 1870
ihrto Account.... —
Ditto 4 per Cent., Oct. 1888 —
Do Certificates
Ditto Enlaced Paper, 4 per Cent ..
Ditto 5 per Cent., Jan. 1872 ..
Ditto 51 per Cent. May, 1879 —
Ditto Debentures, por Ct., April 1864
Ditto ditto Aug., 1866
Ditto Bonds £l,OOO —
Ditto under £l,000
FOREIGN FUNDS—ONE O'CLOCK.
Austrian Bonds, 5 per Cent —
Ditto 1859
Brazilian 5 per Cent
Ditto 4f per Cent,, 1852-58-60
Ditto 1863
Buenos Ayres 6 per Cent
.
Ditto Account —
Jhilian 6 per Cent
Ditto 41-per Cent —
Colombian 6 per Cent
Cuba, 6 per Cent.
Danish 3 per Cent., 1825
Ditto 5 per Cent. 1864
Ditto Scrip £4O paid • • i pm
Equador New Consolidated, 1 per Cent..
Egyptian 7 per Cent.. —
Ditto, Second Issue
Greek 5 per Cent., ,1824-5, ex-Coupons —
Ditto Account
Ditto coupons
Ditto Account lO
Guatemala 5 per Cent.
Ditto, 1839 and 1869 —
Italian 5 per Cent. (Maremmana Railway)
Mexican 3 per Cent ....
`!Ditto Account
Moorish Imperial 5 per Cent
New Granada
Ditto 2 per Cent. —
Ditto Deferred
Ditto Land Warrants (Hectares)
Peruvian 41 per Cent ..
Ditto Account....
Ditto 3 per Cent. (Gribarren)
Ditto 4f per Cent., 1862
Ditto Account —
Portuguese 3 per Cent., 1853
Ditto Account —
Ditto 3 per Cent., 1856, '7, '9, '6O, 62,'3
Ditto Account 471 Eit
Russian 5 per Cent., 1822, £ St —
Ditto 41 per Cent., 1880 —
Ditto 3 per Cent 1859 ..
Ditto 5 per Cent, 1862
Ditto 1864 Scrip, £lO paid
Ditto Anglo-Dutch
Sardinian 5 per Cent
Ditto Account
Spanish 3 per Cent
Ditto Account
Ditto New Deferred
Ditto Account —
Ditto Passive
Ditto Account
Spanish Cert. of Coup not funded .. —
Ditto Account —
Swedish, 4 per Cent
Darkish 6 per Cent. 1854 —
Ditto Account
Ditto 6 per Cent. 1858
Ditto Account —
Ditto, Liar Bonds —
Ditto 6 per Cent. 1862
Ditto Account
Ditto £lOO Bonds 7l/
Ditto 1863 ..
Ditto Guaranteed, 4 per Cent —
Venezuela 3 per Cent.
Ditto Account —
Ditto 6 per Cent., 1862
Ditto Account
Ditto 6 per Cent, 1864
Ditto Scrip, £l5 paid.... — dis
Ditto 11 per Cent
Dividends on the above payable in Lond 'a.
Austrian, 5 per Cent.. Ex. 10 Florins. --
Belgian 41 per Cent., Ex. 25f —
Dutch 21 per Cent., Ex. 12 Guil —
Ditto 4 per Cent. Certificates
Italian, 5 per Cent., 1861, Ex. 25 francs —
Ditto Account 671

TWO O'CLOCK,
Console Money
Ditto. Account
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