The Sun.
London, England, 1864-02-26 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

An active demand for monetary accommodation
nas been experienced to-day in the general discount
market. The public who held over their bills in
anticipation of a reduction in the mimimum are
111 w bringing them forward for negotiation, and
thus for a time has there been an increased amount
Of business transacted. The available balances of
bankers and brokers show a slight diminution, and
the concession they have granted in order to secure
the Paper in circulation does not represent more
tllan tl per cent., the lowest quotation for the best
"nee months' bills being 5-711 per cent.
About £31,000 in gold was taken into the Bank
Yesterday.
IlliThe Bank of England return completed to Wed-
nesday last presents features of a satisfactory
nature. Owing to the lower rate of discounts
Prevalent in the open market, the other securities
Ih W a reduction of £623,501, while the bullion
t
flee been increased to the extent of £235,777, and
the reserve of notes also exhibited an addition of
£863,020. The Government deposits have been
augmented rather considerably, and the private
''.:lances on the other hand have lowered by
£879,483. Subjoined is our usual analysis:—
Active Circulation .. .• £10,674,915
Decrease • • •• • • .• 473,065
Bullion - .. .. 13, 819, 412 •

•• • •
Increase ..
Rest .. ..

235,777
PO
.. 3,536.094

Decrease 43,752
Public Deposits .. .. 8,153,601
Increase .. 1,073,812
Other Deposits.. 12,426,673
Decrease .. .. • . 879,483
Seven Day and other Bills .. .. 532,956
Decrease .. 15,236
Government Securities .. .. 11, 174 584
Increase . . . . . . 50,000
Other Securities .. .. 19,233,243
Decrease .. 623,501
Notes Unemployed .. 8,028,165
Increase .. 663,020
VO special meetings of the proprietors of the
Notional Bank have been appointed to authorise an
losae of 20,000 new shares, at a premium of £25 per
share, to be in the first instance offered to existing
shareholders at that price, which would carry
,'"00,000 to the reserve fund. ,Any shares declined
°Y the shareholders are to be offered to the public
at 3() prem., the additional £5 to be paid over by
14e shareholders, who decline to take up their new
shares,

We are informed that Mr. T. Fraser Sandeman
h.llB been appointed manager of the Imperial Finan.
e
.al COmpany (Limited).
Daring the last few days there has been rather
n im
ore an in the Foreign and Colonial Pro-
al
Ilee Markets. Sugars have been in more request,
abd a further advance of Gd to is per cwt. has been
established. In coffee the dealings have been to an
siterage extent at fall rates; but in tea, rice, fruit,
d Spices no material change can be reported.
callow has been in better request at steady quota-
i
vcirls: for both present and forward delivery.

Two o'CLocK.

1, At the Paris Bourse this morning, according to
Aeuter's telegram, the 3 per Cent. Rentes were 66c.
57f. Heavy. ;
The variations in the English Stock Exchange
Markets have to-day been unimportant. In the
morning a decline of 1-16th per cent. ensued,
e"ginated through sales in consequence of the
affairs,
uneasiness felt regarding foreign
th but 'quotations have since recovered to
e closing values of last evening, and Consols are
tn
ti-t-,7 quoted 911 1, for money, and 911 for the
cunt. The New Threes and Reduced Annuities
s'e 911 1; Exchequer Bills. ss. dis. to par.; India
Per Cents., 1041 ; ditto 4 per Cents., 1001 ; the
Debentures, 9911 and the Bonds, 9s. dis.
The Foreign Market opened with a very de-
Pressed appearance, but a partial recovery has since
takenll place, and business is a little more active.
e4cen have risen to 431 4 ; Greek are 22,51 ;
IDanish Passive, 34 1; Portuguese, 478 ;
668 ; Turkish 6 per Cents., 1862, are 688
spa ; do. Consolides, 501 8 ; and the Confederate
°an, 61 53.
of Publicsperial Financial Company is in command
is confidence. We believe the capital stock
nearly all applied for. The shares were °sten-
81c1Y in demand at 3 premium.
In the Railway Share Market there has been
rather more animation, and prices have shown an
upward
movement. North Western have improved
i 5!;; 'Lancashire and Yorkshire, ss. ; Midland, 10s. ;
and Metropolitan, I:1 10s.; Great Eastern, how-
aver, have declined ss.
The Foreign and Coloaial undertakings continua
Pert' inactive, without material change in prices.
Bank and Miscellaneous Shares are depressed.
tropolitan and Provincial have declined to 231;
Imperial Bank realise 291 ; Imperial Ottoman, 181 ;
ti!icual Discount Company, ; Ottoman Finan-
cial Association are quoted par to I prem. ; South
'0
astern Banking Company, 1- to 11 prem. ; London
0 8 Meter Company, 1 to 11 prem. ; and General
11:1
'eruotional Agency, 1 to lt prem.

BRITISH FUNDS—ONE O'CLOCK.
33
'''.
ENT
FUNDS.
Goiotvtollll
Per Cent Consols .................. 9_1.; 8
?e;
30 Cent. . e.
Cent.°ll'Account
ReducedM a March
c 4 5 9l3s i 41. i
''.T.o..llities., April, 1885
z,-uellto (lied Sea Telegraph), Aug. 1908 —
equer Bills £1 ,000 2a & 3 per Cent 4 dig
Pitt° " ' 4 dis
L Ditto £5OO
auk E, £lOO and £2OO
i England Stk, 41 per Ct., last ht.-yr. 237 .
Irt?lble.rt ci.
—•.1% st —OVER:i'MENT SECURITIES.
Pitto °Ack, 101 per Cent., April 1874....
Ditto ''''R ee'ount —
D'tf "' Per Cent. July, 1570
Dittol 4
Per, Cent., Oct. 1888 looa
Ditto -Qhfaced Paper, 4 per Cent ..
vo 5 per Cent., Jan. 1872 ..
Dittobitto,6/ Cnt . May, 1879
Dererntueres,"4 per Ct., April 1861
-Litho ditto Aug., 1866 991
Ditto Bonds£l,ooo
Ditto under £l,OOO
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent lOl 2
Ditto, 1839 and 1859
Ditto 41 per Cent., 1852-58-60
Ditto, 1863
o,l?itto Scrip, 1863, £55 paid
`'.,kllan 6 per Cent...
E ''''itto 41 pez Cent —
Optima 7 per Cent..
ori,tt, Second Issue
--
e3::tto6
Ditto Account
Cent, 1824-5, ex-Coupons.. 222 i
itto Account
Coupons
Ditto Ac
count
Mexican .ccount ....
lacau 3 per Cent
D'
~.. at° Account
t+ew Granada 94
*r°rtuguese 3 per Cent., 1853 —
but° Account..
' Ditto per Cent., 18561 it '91 '6O, 62,'3
Account
, A 48
•Kussian 6 per Cent., 1822,:£ St —
Bat° 41 per Cent 1850 ..
• bitto 5 per Cent, 1862
Sardinian 5 per Cent
D• itto Account
°Panish 3 per Cent
.bitto Account .. 52/
Ditto New Deferred
Ditto Account
Ditto Passive
~ Ditto Account 34/ 1
oPanish Cert. of Coup not funded .. —
,t Ditto Account .. 131
urkish 6 per Cent. 1854 —*
Ditto Account
Ditto 6 per Cent. 1858
_Ditto Account —
Ditto 6 per Cent. 1862
Ditto Account
~Ditto, £lOO Bonds
I' enezuela 3 per Cent.
Ditto 6 per Cent., 1862
Ditto Account
Dividends on the above payable in Lund ?ti.
44lian, 5 per Cent., 1861, Ex. 25 francs 661
TWO 0' CLO C li:
Consols Money
Ditto Account ..