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

ONEY MARKET

AND
COMMEROIAL INTELLIGENCE.

CITY, TWELTE O'CLOCK.
The general discount market this morning has
been slightly influenced by the increased available
resources now in the hands of bankers and brokers.
The demand for accommodation for all purposes
continues active, and there seems to be no immediate
Prospect of its relaxation. The extra supplies of
capital, however, have imparted a degree of compe.
titi" among the brokers, and they are consequently
charging first class bills 5i and 6 per cent.
The Ceylon, which left to-day with the India
and China mails, conveyed £188,965 in specie.
The Parana has arrived from the Brozils with
£7,743.

Tha General Credit and Finance Company of
-1-iondon have, as the financial agents to the Govern-
!tent of Venezuela, announced a new 6 per cent.
loan for the Republic. The amount required is
£1,500,000, issued in bonds of £5OO, £2OO, and £lOO
each, bearing interest payable half-yearly in Lon-
con at the offices of the company, or at Cologne, by
Messrs. Salomon, Oppenheim, jun,, and Com-
fl3r. The price is £6O for every £lOO stock,
4134 the subscriptions are allowed to extend over
a Period of six months, payable as follows
on application, £lO on allotment (less £3 half-year's
interest accrued), £l5 on Ist June, £l5 on Ist
August, and £l5 on Ist September (less half-year's
Interest). On prepayments discount will be allowed
at the rate of 6 per cent. per annum, which, with
allowances, will reduce the price to about £55.
The object, of the loan are to Effect a settle-
ment of the financial condition of the coun-
-1
,rY, to assist in making roads and other
communications, inland and coastwise, to pay
443,1 r some existing claims, and generally to develope
`4O agricultural resources and industry of the coun-
Ll 7. The loan, interest, and sinking fund are secured
37 a special hypothecation of the whole export
duties leviable at the ports of La Guayra. Puerto
uabtllo, Maracaibo, and Ciudad Bolivar. Should
the produce of these imposts not prove sufficient, a
farther special hypothecatiou has been obtained for
.hthe uncharged import duties at all the ports. Lord
'taasell has consented to allow the British consuls in
connection with the General Credit's agents to
collect the moneys which are to be transmitted
le London twice a month. The price of the new
lectlrity is 1Q 2 prem.
It is notified that the subscription list of the
1111w13'.announced Home and Colonial Assurance
3111Pany will be closed to London applicants on
Wednesday, and to those coming from the
country on Thursday next. Shares have been
a Plied for doubly in excess of the number to be
allotted. There is a rumour of a most important
amalgamation with this company.
It is stated that the Egyptian Commercial and
Trading Company have received advices from
Alexandria by which it would appear that pre-
liminary arrangements have (subject to the ap-
itTval of the shareholders) been made for the
Navigation
of that company with the Egyptian
4°lgation Company, with the combined capital of
fourthe
millions, as it at present stands, and on which
e Government, with the sanction of the Sublime
Porte, has agreed to guarantee 7 per cent. per
tcntlatn for 90 years, and to accord to the amalga-
thaAted company special privileges connected with
navigation of the Red Sea and Nile. Also that
eEgyptian Commercial and Trading Company
1,,.1re nearly completed arrangements for the este-
unahrnent of the Anglo-Egyptian Navigation Corn-
-14.117) With a line of steamers between London,
Marseilles,
and Alexandria, touching at Havre,
&c., the prospectus of which will be
issued in a few days.
die accounts received from the mnnufacturing
`ltricts for the past week have generally been
44tilfactory. At Manchester, however, there has
been
very little activity; while the demand
for spring goods at Leeds, Bradford, and
iaddersfield has not been quite so animated.
ll
the lace and hosiery districts of Leicester and
Nottingham there has been no material change,
7hile at Birmingham more activity has prevailed
1,4 moat departments, with the exception of the gun
trade, which still continues rather inactive.

The Share Listof the British Columbia and Van-
eeever Island Investment Company will be closed
434 Thursday next.
The application list of the London Commercial
°WI Company will close on Monday for London,
d °nTuesday for the country.
'Notice has also been given that the subscription
114 of the National Financial Company will close
°ll Thursday next.
rtiThe thirtieth annual meeting of the shareholders
I.he Agra and United Service Bank (Limited),
0°„°1". Place on Saturday. Mr. G. G. Macpherson oc-
-1;11ked the chair. The report, which was nnani-
:tll3lY adopted, is of the most satisfactory character
to
411 concerned in the operations of the bank. The
mfbrt states that, after making amigo provision for
bad and doubtful debts, the net profits of the
ofui
for the year amount to £242,909 12s. 6d. Out
tathiB sum the directors declared, free of income
ne-1 two half-yearly dividends at the rate of 10 per
ilt' Per annum each, and added to the last of these
th▪ :1148 Of £4 per share, thus making a return for
on-. Year of 18 per cent. on the paid-up capital of
million sterling. From the balance remain
they refunded to reserved fund account the
Year)
and
£7,341 2s. 4d. taken from it last
tz-:r) and, in consideration of the greatly
nendied business of the bank, carried to credit
4ertlier sum of £25,000, thus raising that fund to
25000. They also passed the sum of •L 5,000 to
superannuation fund, and £15,000 to building fund,
n-LrYieg forward £10,568105. 3d. to credit of profit
loss account for the current year. The chair-
-0:11 said that there was a gross profit of £486,000,
ileatiy half the paid-up capital of the bank, and
Pant
act profit of £242,000 from the operations of the
year—a result due in a great degree to the
able
kr and excellent conduct of the general manager,
lib • Balfour, and of the other officers at home and
,r')ard. In acknowledgment of these services it
Os ;proposed to grant to all the employes of the
hig a gratuity of 10 per cent. The chairman
f.l 80 announced that satisfactory arrangements had
423 entered into with the Fishmonger's Company
')t a long lease of a most eligible site at the
n°,ther of Lombard-street, Gracechurch-street (one
i; the most desirable situations in the city for
4aluess) for their new premises. The fact of the
yet Profits being over 24 per cent. on the paid-
eapital this year was principally attributed to
hclei,exeellence of the management by the share-
"Ts themselTes at the meeting.

Two o'CLocK.
teat Paris this day, according to Mr. Reuter's
(11.61.4, the Three per Cent. Rentes were 66f. 10c.
1413" English Stock Market presents a very fiat
eit,l 4'ranCe. The business now daily recorded is
ovvieetlllagly limited, which is in a great measure
thi;t:it to the all-absorbing attention now given to
as Joint-stock bank shares. Consols show scarcely
41 -improvement, and the quotations are 912,- 1 for
441/h4l and account. The New Threes and Reduced
uitiee are 89' t; Exchequer Bills, '7s. to 2s.
kis India 5 per Cents., 1048 fo and the Bonds,
'6 38. dia.
441 the Foreign Market general heaviness prevails,
are business is dull. Turkish 6 per Cents., 1862,
25, 71c,t 724; do. C3nsolides, 531 54; Greek, 241
131' °Penish Passive, 35a ; do., Certificates,
Co*„: ; Mexican, 451 ; Portuguese, 494, 1, and the
it7derate Loan, 54 66.
eot the Railway Share Market the dealings have
h 4 Pe very extensive, and in some instances prices
hkve lallevm rather less firmness. West Midland
tiree receded 55., and South Western 10s.; while
•j at Western have improved 3s.
eha_" Foreign and Colonial lines exhibit little
06 of importance.
tati„"k Shares continue in active request, and quo-
oti7e Still exhibit considerable buoyancy. Lon-
(lsttad Westminster realise 95 99; Union of Lon.
44 46° 61 ; Alliance Bank, 56 56 ; and Imperial,
14 the Mis
cellaneous Market Mercantile Credit
Ttl 'Laproved to 151 16.
current quotations for some of the principal