The Sun.
London, England, 1864-04-30 00:00:00

NARKET

AND

COMMERCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.
The prospectus of the Eastern Exchange Bank
(Limited) of Liverpool will be found in another
,column of The Sun. The company, which is
brought forward under the most encouraging aus-
pices, is formed to supply a want which has long
been felt, and its value will at once be recognised.
The capital is set down at £2,000,000 in 100,000
shares at £2O each, with a first issue of 50,000
Shares. One very important circumstance is that
a great portion of the capital has already been sub-
scribed, and when the operations of the company
became thoroughly known the rest will immedi-
ately follow. Liverpool, it will be at once admitted,
enjoys an immense export and import trade, and
through this most important port most of the manu-
factures of Lancashire and Yorkshire pass, and in
this great emporium of trade not one bank at pre-
Sent exists connected with the Mediterranean, the
East Indies, China,•and Australia. In London the
reverse is the case, and consequently every facility
exists in the metropolis for exchange transactions.
To supply this long existing want the Eastern
Exchange Birak has been started, and as the direc-
tors are all first-rate men of business, success must
result to the new undertaking. The headquarters
of the bank of course will be in Liverpool, but
branches will be immediately formed in Alexandria,
Bombay, Calcutta, China, and Australia, and others
will follow es the business of the company is deve-
loped. In addition to this arrangements will be
made for London business by the organisation of a
first-class banking agency on advantageous terms.
Thomas i\l'Comas, Esq., of old Broad-street, City,
and W. Trever Roper, Esq., director of the Com-
mercial Bank of India, have joined the board of
directors of the Independent Fire Insurance Com-
pany. We learn that the capital stock of this
company is being rapidly subscribed for.
The European Cattle Importing Company an-
nounce that Mr. Samuel H. Page, of Upper Glou-
cester-street, has strengthened its direction.
Increased stringency is apparent:in the general
discount market, and quotations are rather higher,
7 per cent. being the lowest rate for even very prime
Paper.
The supply of Mexican dollars by the French
packet Tampico were sold yesterday at ss. 211 per
ounce, showing a fall of Id.
Since Monday last the imports of specie have
amounted to 1765,854, and the exports to
£451,205,

Two o'CLocK.

At Paris this morning, according to Beater's
telegrams, the Three per Cent. Renter were 66f.750.,
securities being offered.
The Stock Exchange Markets have closed amidst
some confusion owing to extensive sales to close
speculative engagement, Monday being a holiday,
and a statement that the Conference has been broken.
11P with other discouraging rumours. Consols have
receded to 91/ for money, and 911 t for June.
The e.
New Threes and Reduced are 89/ ; Exchequer
13j113, lie, to 4s. dis. ; India 5 per Cents., 10511 ;
and do. 5 per Cent. Enlaced raper, 1031.
An important drop has also taken place in the
value of all the principal speculative Foreign
Stocks, and sales to a very large extent have been
pressed. Turkish 6 per Cents., 1862, are 691; do.,
Consolides have declined I, to 518 52/ ; Mexican,
le, to 43j 441; do., New Scrip, / to 1, OQ dis.;
Greek, 11, to 23/ I; Spanish Passive, 1/, to 34/ 35 ;
the Russian Scrip, 4 to 1/ 1 prem. ; the Confede-
rate Loan, after going up to 64 65, has reached to
62 64, or about 2 per cent. higher than on the

Previous evening.
Very little animation was apparent today in the
Railway— Share Market, and the few dealings re-
ported led to no material alteration in values.
Great Northern and Lancashire and Yorkshire
each improved about 10s. ; while Great Eastern
have declined 10s., and North Stafford, 15s.
The Foreign and Colonial undertakings remain
(Liu, at barely former quntatimig_
In Bank and Miscellaneous Shares operations
have been moderately active. London Joint Stock
have receded to 48, Union of London to 581, Lon-
don and Brazilian to 501 1 ; while City Bank has
improved to 133, and South Eastern to 61. Inter-
national Financial realise 111 I ; London Financial,
271; Discount Corporation, 16/; and Royal Mail
Steam, 86 87.
Subjoined are the current quotations of some of
the principal new undertakings :—lmperial Bank
of China, 21 _a prem.; Millwall Iron Works, 21
Prem.; Humber Iron Works, 11 2 prem,; Thames
Iron Works, 21 / prem. ; City Offices, 1821- prem. ;
Financial Corporation, 21 I prem.; Provincial
13anking Corporation, 11 2; International Land
Credit, 21 d; Otago Investment, 1 1 prem. ;
Sabloniere Foreign Hotel, 1 1 prem.; Telegraph
Construction, 1 f prem.