The Sun.
London, England, 1864-04-07 00:00:00

MARKEI

110MHZUCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
More firmness is perceptible in the money markt
toqi
—33', and the rate for three months' bills hab
advanced from to the level of the Bank of Eng-
.!".t A very active demand prevails in all direc-
tions.

The biddings for 40.00.000 rupees (£400,000) in
bills on India took place yesterday at the Bank of
--;ugland. The proportions allotted were—to Cal-
cutta 22.24.000 rupees, to Bombay 16.00.000 rupees,
and to Madras 1.76.000 rupees. The minimum price
Madras
as before :—ls 11/d per rapes on Calcutta and
41adras, and is 11td on Bombay. The applications
Viithin the limits amounted to 426 lace. Tenders on
Calcutta at 2s will receive about 18 per cent., and
above that price in full ; on Bombay at 2s Old about
'6 Per cent., and on Madras at 2s Okd in full.
The share list of the North Australian Company
Will be closed to London applicants on Tuesday
nett, and for the provinces on Friday, the 15th inst.
The subscription list of the Oriental Financial
Corporation wilt be closed to London applicants on
konday next, the 11th inst., and to those coming
'cno the country on Tuesday, the 12th inst.
An undertaking of great importance has been
Anounced, under the title of the International
Land Credit Company, which purposes carrying on
operations similar to those of financial and land
Mortgage institutions, and also to be amalgamated
with the Belgian Mortgage Bank, the Bank of In-
dustry and Lind Credit (Brussels), and the Vendo..
bawl Mortgage Assurance Company of Vienna;
These companies have been established for some
time, and have realised considerable prcfits. Thy-
Industry and Land Credit guarantees to the new
ehareholders a minimum dividend of 11 par cent.

for the first year, and the Vendobana promises to
Pay at its next meeting a dividend of 25 per cent.
'1 le nominal capital of the new company is fixed
at .£8,000,000, of which £6,000,000 is to form the
first issue 'in 300,000 shares of £2O each. Or this
brimber 250,000 have already been placed on the
Continent, 15,000 in England, and the rest—viz ,
36000, are offered to the public. They are quoted
24 4 prem.
rltle prospectus has also appeared of the Com-
mercial Bink Corporation of India and the East,
Wtt h a capital of £1,000,000 in 40,000 shares (of
Which 30,000 have been already allotted) of /25
e." 4. This company has been specially designed
0 ,eelarge the sphere of operations of the Commer-
eit.l. Bank of India, established in Bombay in 1845,
bo creating it a new bank under the new title, and
enlarging its capital and reserve fund. It has been
itleorporated under Royal charter, which limits
the liability of shareholders to double the
amount of their shares, and in consideration et
the transfer of the business and reserve fund, 20,000
shares fully paid up, with 10,000 on which only
half has been subscribed, have been allotted to pre-

•
'lent proprietors, thus leaving only 10,000 shares to
b a allotted to the public. This last number, how-
ever, is to bear a premium of £lO upon each share,
;oh, amounting to £lOO,OOO, is to be added to
the reserve fund, raising that item to £150,000.
411 Calls will have to be paid prior to February
!ext, and payment in anticipation will be allowed
Iflltereat at' the rate of 5 per cent.
The last week's raiLwiay receipts, ascertained up
ti 3 this. day, are, in round figures, as under

1864. 1863.
'Great Western £60,417 £57,367
Northwestern
south-Western
-I.lrigb ton
hlidlnnd
Boutit-Eastern 20,957 21,949
Great Northern
I.p.fteashire and Yorkshire 37,090 34,550
la 2 ism! and Exeter
earth Eastern 64,249 49,769
4a *mat Eastern ..
1 anchester, Sheffield, and Lincoln 15,1(.8 Z 4,944
North British
These returns, as compared with those of the
kit:he period of last year, are generally satisfactory ;
to some instances, however, there is a falling off,
owing to the early period of the year in which the
',Gatern holidays have been observed. On the
1,,G "at Eastern there is an increase of £3,050 ;
°"11 Western, £7 806 ; South Western, £B5B ;
°1 idland, £2,271; Great Northern, £4,431; Lan-
eemhire and Yorkshire, £2 640 ; North Eastern,
4,480; North British, £1,091 ; while the Brighton
„,
"va B. decrease of £4,081 ; South Elstern, £992 ;
‘-lreat Eaetterns £1,776.

Two o'CLocx.

At Pnais this day, eccording to Mr. Reuter's
to
*he
the Three per Cent. Rentes were 66f. 05c.
*la° nEaltre of attraction at the Stock Exchange
- the market for Joint Stock Banks and Mtscel.
1
littrileT3.B, but even these descriptions of securities
°eninnicig to lose much of their recent popu.
:ray, and sales having been effected, quotations
TZ") in many instances, been seriously depreciated.
t(11 English Funds continue heavy, with very few
411 sections, and Consols are 911 for money and
t',
present account, and 911 s for May. The New
Tht e" and Reduced Annuities are 83! a ; Ited
7: 3''• die.;
Annuities, 20 11--, ; Exchequer Bills,
'4l. lndia 5 per Cents., 105; Enfeced 5
PIT Cents., 1031, and 4s. 3s. dis.
ILI the Foreign Market there has not been much
'•titnation, but Mexican have risen to 45,1 upon
t
la.7ourable statement!, respecting the fortecomiag
3eun- Turkish 6 per Cents., 1862, are 711 72 ; do.
~tasolides 53i s ; Greek 24i g ; Spanish Passive,
C
r, ; Portuguese, 494 ; Italian, 664 67 ; and the
erifederate Loan, 53 54.
bel4 the Railway Share Market the dealings have
shenn 'very limited, and the few transactions recorded
httin variation as regards prices. Metropo-