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

MARKET

00141MtHCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
More firmness is perceptible in the money market
to--ay, and the rate for three months' bias hab
advanced from bi to the level of the Bank of Ertg-
i
and. A very active demsnd prevails in all dirt c-
Eons.

The biddiogs for 40.00.000 rupees (£400,000) in
bills on
India took place yesterday at the Bank of
"gland. The proportions allotted were—to Cel-
e/4141 22.24 000 rupees, to Bombay 16.00,0(10 rupees,
and to Madras 1 76 000 rupees, The minimum price
N 913 as before :—ls lli.t per rspee on Calcutta ens
Madras, and la llicl on Bombay. The applications
Within the limits amounted to 426 laCs. Tenders ot,
Calcutta at 2s will receive about 18 per cent., and
above that price in full ; on Bombay at 2s Old about
76 per cent., and on Madras at 2s 0141 in full.
The share list of the North Australian Company
Will be closed to London applicants on Tuesday
next, and for the provinces on Friday, the 15th inst.
The subscription list of the Oriental Financial
vorporation will. be closed to London applicants on
?Ilanday next, the 11th inst., and to those coming
plz the country on Tuesday, the 12th inst.
A 0 undertaking of great importance has been
announced, under the title of the International
Lead 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-
ilustry and Land Credit (Brussels), and the Vendo-
bana Mortgage Assurance Company of Vienne.
These companies have been established for some
time, and have realised considerable profits. The
Industry and Land Credit guarantees to the new
Shareholders a minimum dividend of 11 per cent.
for the first year, and the Vendobana promises to
Pay at its next meeting a dividend of 25 per cent.
The nominal capital of the new company is fixed
St £8,000,000, of which £6,000,000 is to form the
first issue in 300,000 shares of £2O each. Of this
'lumber 250,000 have already been placed on the
Continent, 15,000 in England, and the rest—viz.,
35.000, are offered to the public. They are quoted
prem,
The prospectus has also appeared of the Com-
mercial Bank Corporation of India and the East,
with a capital of £1,000,000 in 40,000 shares (of
'which 30,000 have been already allotted) of £25
ilcit• This company has been specially designed
t
"large the sphere of operations of the Commer-
cial Bank of India, established in Bombay in 1845,
creating it a new bank under the new title, and
enlarging its capital and reserve fund. It has been
`aeorporated 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, 20,001)
shares fully paid up, with 10,000 on which only
halt has been subscribed, have been allotted to pre-
sent proprietors, thus leaving only 10,000 shares to
be allotted to the public. This last number, how
ever, is to bear a premium of £lO upon each share,
arnoun ing to £lOO,OOO, is to be added to
the reserve fund, raising that item to £150,000.
All calls will have to be paid prior to February
ill"t• and payment in anticipation will be allowed
blerest at the rate of 5 per cent.
The last week's rai.way receipts, ascertained up
(c) this day, are, in round figures, as under
Great W astern. 1864. 1863.
£6O 417 £57,367
sberth-Western
),°l2th- Western
.4right,
!lidlanda
.. 18,736 22,817
43,817 41,577
"oll.r 11-Fastern
',Teat Northern
kneashire and Yorkshire 37,090 34,550
Bristol and Exeter
Kurth Eastern
4reat Eastern
..
echester, Sheffield, and Lincoln 15,1',8 1.4,944
North British
These returns, as compared with those of the
Same
period of last year, are generally satisfactory ;
soine instances, however, there is a falling off,
Diting to the early period of the year in which the
'aatern holidays have been observed. On the
GreatN Eastern there is an increase of £3,050;
k"th Western, £7,806 ; South Western, £B5B ;
tdland, £2,270; Great Northern, £4,434; Lan-
Zehire and Yorkshire, £2,640; North Eastern,
13111'48°; North British, £l,OOl ; while the Brighton
Q°WB a decrease of .£,OBl ; South Elstern, £092 ;
re4t astern, £1,7764.

Two O'CLOCK.
to4t Paris this day, according to Mr. Renter's
-,Nrcm, the Three per Cent. Rentes were 66f. 05c.
ja The centre of attraction at the Stock Exchange
-,t'a market for Joint Stock Banks and Miscel-
a;...-et."3. but even these descriptions of securities
14;;4"Rinniag to lose much of their recent popes
ht 113.1 and sales having been effected, quotations
zi:, in many instances, been seriously depreciated.
x,taEnglish Furies continue heavy, with very few
A-Inactions, and Consols are 911 -2- for money and
'Thep necent account, and 911 / for May. The New
'l and Reduced Annuities are 891 ; Red
7:7elegraph Annuities, 20 1; Exchequer Bills,
die.; India 5 per Cents., 105; Enfaced
I:enta., 1031, and 4s. 33. die.
st,i"
114 the Foreign Market there has not been truth
fet.;ticc, but Mexican have risen to 45a /, upon
loa'atable statements respecting the forthcomiig
0,4* Turkish 6 per Cents., 1862, are 711 72 ; do.
aB,llBalides
631 ; Greek 24•1 ; Spanish Passive,
curii; Portuguese, 49k ; 66: 67; and the
f"derate Loan, =
t. 53 54.
4(' til wa
been .y
S -tre Market the dealings have
4h0,„?‘1.37 "united, ,iin the few trtinsacti:Juit reo9rded
iittifr variation as regards prices, Meaopo-