The Sun.
London, England, 1864-01-08 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
A very favourable impression is still predominant
in the general discount market, and traders are
consequently only supplying themselves with ac-
commodation for present purposes. It is generally
considered probable that when the release of the
Government and other dividends shall have been
effected the available balances will be largely in-
creased, and the authorities will be moved to lower
their official quotations. Already some of the bill
brokers are working per cent. under the minimum
of the Bank of England, but 6-1 per cent. is still the
ordinary charge for first class three months' bills.
The only bullion operation of importance at the
Bank yesterday was a withdrawal of 107,000 sove-
reigns for transmission to the Brazils.
The Bank of Frankfort has reduced its rate of
discount from 5 to 43- per cent.
The changes shown in the following analysis of
the Bank of England return should have been ex-
pected at f his period of the year. Tke rather active
demand for money lately experienced, and the
expenditure of the Government, are seen in the
increase of the other securities, and the decrease in
the reserve notes, with a diminution in the bullion
and the Government deposits.
Active Circulation .. £20,718,260
592,230
:: 14,196,751
Decrease .. .• " • • 165,851
Rest 3,306,816
•• •• •• ••
Increase .. .• • • 55,798
Public Deposits •• •• •• 10,001,982
Decrease .. 840,009
Other Deposits.. .. 13,052,604
Increase .. • • • • 31,3)2
Seven Day and other Bills .. 604,044
Increase .. 43,536
Government Securities .. 10,957,189
Decrease 141
Other Securities .. 22,432,763
Increase •• 48,939
Notes Unemployed .•
••
'7,446,000
Decrease .. • • • • •• 760,210
Daring the last few days a quieter tone has been
apparent in the Foreign and Colonial Produce
Markets, the foggy weather having impeded the
inspection of samples. Sugars have been neglected,
but holders demand full rates. The public sales of
coffee were postponed, while only moderate trans-
actions were reported in tea, cocoa, rice, saltpetre,
and tallow at about former rates.

Two o'CLocK.

At the adjourned meeting to-day of the British
and American Exchange Banking Corporation,
Mr. Cotterell, the solicitor to the company, stated
that it was not necessary toallude to the re-election
of the directors in the notice convening the meeting.
A. shareholder then proposed a sort of compromise
between the directors and shareholders, namely,
that the board should consent to elect two mem-
bers, one for London, and the other for Liverpool,
and to leave open the other two vacancies till the
Meeting of the 26;h February. This suggestion
having been agreed to by the directors, the meet-
ing separated.
At the Paris Bourse this morning (according to
Mr. Reuter's telegram) the Three per Cent. Rentee
were quoted at 66f. 75c. Heavy.
No alteration has token place to-day in the market
for the English
funds, Consols remaining at 91 i
hasrjl°4eY' and at 91± for the account. Business
been
are 90 n
rvery dull. The New Threes and Reduced
Inch'; `j 1± ; Exchequer Bills, par to 3s. prem.;
104±. 5 per Cents., 10b1a ; Enfaced 5 per Cents.,
a The Foreign Market has presented a very heavy
jiPearanee, and business is quiet. Turkish 6 per
cintB., 1862, are 671 68 ; ditto Consolides, 47± ;
ear:et Bonds, 241 Spanish Passive, 34 ; Mexi-
ttt4 ; Portuguese, 471 ; Russian, 881 891 ;
the Confederate Loan, 38 40.
be, Business in the Railway Share Market has again
4 ninactive, but a firmer tone has prevailed.
p 3
istal and Exeter have improved £l, and Great
ster, Brighton, and North Western, about Ss.
The Foreign and Colonial undertakings show
11° Change of importance.
Bank and Miscellaneous Shares are in moderate
request. London and County have advanced to
91±; and Union of London to 41±; Mauritius
Credit are quoted prem.; National Shipping
Company, 3 y prem.; Pacific Steam, 11 11 prem. ;
Contract Corporation, 2,1, 31, prem. ; and Australian
Steam, 21 f, prem.

BRITISH FUNDS—CLOSING PRICES.
,‘ GOVERNMENT FUNDS,
4 Per Cent. Consols
Ditto Account Feb. 4 9ll
N/ per Cent. Reduced
9091 1 i
3 per Cent I 80} la
New
New 3i per Cent. Jan. 1891
New 3i per Cent. Annuities
6 Per Cent. Annuities, Jan. 1873 0
' sth Jan„ 188
Annuities, 30 yrs, expire
.1 1885 —
Ditto for 30 yrs, expire sth Api. , Ditto (Red Sea Telegraph), Aug. 1903 2ll
Ditto 6 pei Cent. 1870
Ditto 4 per Cent. 1888 —
April, 1864 Ditto ditto
Ditto ditto Aug.
:1864 (Jen6t? 3—pm
par
Exchequer Bills, 41,000, 21 & - per .2 pm par
Ditto £5OO ** 2pm par
Ditto
£lOO and £2OO
Bank Stock ........................ ''''"'
INDII.N GOVERNMENT SECURITIES.
India Stock, 1874
Ditto Account
• •
1061 I i
Ditto 5 per Cent.
I )itto Account.... .....
1001 i
Ditto 4 per Cent. 1888
Ditto Per
Paper, 4 per
D Ditto
u t(,Cent
.. —O4/ 4
.. 1
6 per Cent., Jan. 1872
par
bonds 41,000
_
Ditto under Ll,OOO ..
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent .. Ditto 1859
1
Ditto 4i per Cent., 1852-58-60
...
8i
88i 7
Buenos Ayres 6 per Cent
Ditto
Col
5t 5 £100 Bonds . .
Cubhilian 6a, 6 per Cent.
U per Cent
DDitto 41 Per Cent, . . -
anish 4 per Cent., 1863'
.13_utch, 21 per Cent., Ex.. 12 Guilders
gquador New Consolidated. 1 per Cent —
EDitto, Provisonal Land Warrant —
gyptian 7 per Cent
Ditto, Second Issue .. .
Greek 5 per Cent., 1824-5, ex-Coupons —
Ditto Account,,
241. 1
Ditto Coupons
nuatemala 6 per Cent ......... ..
Mltalian O per Cent(Maremmana RailwaY)
exican 3 per Cent .
Ditto Account
Moorish Imperial 5 per Cent
New Granada ..
Ditto 2 per Cent.
..................
Ditto Deferred
PDitto Land Warrants (Hectares) ......
erurian 3per C'ent. ................
toDit Account, . ..... . .............
DiDitto 41 •per C'ent, 1862. .. •. . . .... ..
tto Account ... .
Pedmontese, 6 per Cent., Ex. 251
Ditto, 1863 p... ant
Ditto Scrip, £l5 paid, ... .
`—
Ditto Scrip (1863) 412 Bs. 3d. paid.... Pm
Portuguese 3 per Cent., 1853 ..........
Ditto Account. ....................
Ditto 3 per Cent., 1856, '7, '9, '6O, 62,'3
Ditto Account .................. • 471 i i
Russian 6 per Cent. 1822, £St ........
Ditto 41 per Cent 'lB5O ..........
Ditto 1860 ..............
DittoDitt 3 per Cent., 1859 ..............
Istrd„. 5 per Cent, 1.862 .............. 89/ iB7
BPinian 5 per Cent
DittWish 3 per Cent ..................
Ditto Account ...................... 52/
Ditto Passive ......................
Ditto Account ...................... 34 i
o Account •.................... 13/ 14
R,stitto New Deferred
-F„allith Cert. of Coup not funded
"ittc pA4 perc;:ounCt
ent .....
.. 13/ 14
erkishredish, 6
per Cent. 1854
Ditto Account .. - ..........
-.-
Ditto 6 per Cent. 1853
Ditto Account
691
Ditto 6 per Cent. 1862
68 7/ i
bitto Account.....
I/itto, 410Bos 6Bl 71
Ditto 6 per Cent. 1863..............•
Ditto
Ditto b Guaranteed, 4 per Cent —
ITe_
!tto ebentures, 4 per Ct., Oct., 1863
, uezuela 3 per Cent.
1), eAccount
Ditto tto 6 per Cent., 186.2
Account ~
toßtDividends on the above payable in London.
risn, 5 per Cent., Ex. 10 Florins.
°Wen. 4 C E 2-f
itr per mt., x. 0 •
ti ranch per
4i per Cent., Ex. 25f —
Otch2l per Cent Gail —
~
iti,D..ito 4 per Cent. Certificates
Ila, 5 per
Ditto Acc Cnt 1861 Ex 25 francs..
ounie,.... .. ......,
floliols
K
Money . T.H..R. t 01:
° CL 0 C .
4jitt Account .................................. .9., 91} I