The Sun.
London, England, 1864-03-26 00:00:00

ONEY NARKEi

AND
COMMEECIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
There is no new feature in the money market, an
active demand existing at bi 6 per cant.
Since Monday last the imports of specie have
amounted to £290,100, and the exports £291,100.
The following remarks upon the Budget are from
Messrs. J. Travers and Son's circular :—The fact
of the New Zealand war having been brought to a
close, coupled with the improved prospects of the
maintenance of peace in Europe, have, during the
past fortnight, strengthened the expectation of the
Chancellor of the Exchequer being able to propose
some reduction of taxation, in which case, in con-
sequence of his distinct promise last year, the sugar
question cannot fail to be prominently treated.
With regard to the maintenance of the
present discriminative duties, nothing has
transpired since the free trade side of the con-
test reeeived the fresh impulse imparted
to it by the course adopted by the alarmed protec-
tionists at the recent meeting at the London Tavern.
In relation to the expediency of ad valorem duties,
apart from the question of any incidental influence
they may have in conferring protection as in the
present case, it will be a curious consideration for
Parliament, that should Mr. Gladstone resolve to
maintain them in their application to sugar, he
will be bound, if he wishes our fiscal system to
have any appearance of consistency, to apply them
in the instance of tea, fruit, wine, tobacco, and all
the other articles that embrace an immense variety
of qualities, and are at present charged with an
uniform rate.

Two o'CLocx.

At the Paris Bourse this day, according to Mr.
Renter's telegram, the 3 per Cent. Rentes were
66f. IN.—Firm.

There has been a very small amount of business
transacted in the Stock Exchange, to-day, and the
attendance of the members has been very much
curtailed. The Funds have not varied, and Consols
are quoted 911 g for money, and 91: I for the
account. The New Threes are 89: ; the Reduced,
891 ; India 5 per Cents., 1041 41; and ditto 51 per
cent. Enfaced Paper, 112.
Foreign Stocks are buoyant, but business is not
active. Turkish 6 per Cents., 1862, are 711 72 ;
ditto Consolides, 541; Mexican, 451 a ; Spanish
Passive, 351 8 ; ditto Certificates, 13! e ; Greek,
231 24 ; and Portuguese, 48: t.
In the Railway Share Market the operations
have been very restricted; the few bargains re-
ported, however, show rather less firmness as re-
gards prices. Great Western and North Western
have receded 55., and Great Eastern 10$. ; while
Manchester, Sheffield, and Lincoln, and Midland
have each improved sg.
The Foreign and Colonial undertakings continua
Still without material change in values.
Bank and Miscellaneous Shares are dealt in to a
moderate extent, at about former rates. Alliance
Bank realise 501 51 ; English and Swedish, 121 13;
London and County, 591 601 ; Union of Australia,
66 4 ; Hudson Bay Company, 111 19 ; London
Financial, 261 ; and Peninsular and Oriental
Steam, 821. .
The current quotations for some of the principal
new undertakings are subjoined :—British Colum-
bia and Vancouver's Island Investment, I prem. ;
Central Argentine Railway, 1 t, prem. ; North
Australian Company, 11, 11 prem.; London and
Liverpool Hotel, 14 lt prem.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
3 per Cent.gonsols
Ditto Account, April 8
Nper Cent. Reduced
ew 3 per Cent
New 21 per Cent. Jan. 1891 —
A onuities, 30 yrs, expire sth Jan., 1880 —
_ Ditto for 30 yrs, expire sth April, 1885 l4f
Exchequer Bills, £l,OOO, 21 & 3 per Cent — die
Ditto £SOO
Ditto £lOO and £200
Bank England Stk, 41 per Ct., last hf.-yr Shut
INDIAN GOVERNMENT SECURITIES.
India Stock, 10} per Cent., April 1874 —
Ditto 5 per Cent. July, 1670
Ditto Account....
Ditto 4 per Cent., Oct. 1888.. 9Bl
Do Certificates
Ditto Enfaced Paper, 4 per Cent ..
Ditto 5 per Cent., Jan. 1872
Ditco 51 per Cent., May, 1879 ......
Ditto Debentures, 4 per Ct., April 1864
Ditto ditto Aug., 1866
att. LiondsEl,ooo — die
Ditto under £l,OOO dis
FOREIGN FUNDS—CLOSING PRICES,
Brazilian 5 per Cent
Ditto, 1839 and 1859
Ditto 41 per Cent., 1852-58-60
Ditto 1863. 9Ol 90 i
Ditto Scrip, £55 paid
Equador New Consolidated, 1 per Cent l3l
Egyptian 7 per Cent loo,i i 100
Ditto, Second Issue
Italian d per Cent.(Maremmana Railway) 74i
Mexican 3 per Cent
Ditto Account....
Peruvian 4i per Cent ..
Ditto 3 per Cent.
Ditto .1i per Cent., 1862
Ditto Account B6 1
Portuguese 3 per Cent., 1853
Ditto Account.. ...
Ditto 3 per Cent., 1856, '7, '9, '6O, 62,'3
Ditto Account 4B/ 1
Ditto Scrip (1863) £3O paid
Russian 5 per Cent., 1822, £ St
Ditto 4} per Cent., 1850 B6/
Ditto 3 per Cent 1859 ..
Ditto 5 per Cent, 1862
Sardinian 5 per Cent ..
Ditto Account
Spanish 3 per Cent
Ditto Account
Ditto New Deferred

Ditto Account —
Ditto Passive
Ditto Account —
Spanish Cert. of Coup not funded .. —
Ditto Account
Turkish 6 per Cent. 1854 —
Ditto Account ..

-
Ditto 6 per Cent. 1858 -
.ilitto Account
Ditto, £lOO Bonds —
Ditto 6 per Cent. 1862
Ditto Account
Ditto £lOO Bonds 72
Venezuela 3 per Cent.
Ditto Account 24
Ditto 6 per Cent., 1862
Ditto Account
Dividends on the above payable in Loud •u
Italian, 5 per Cent., 1861, Ex. 25 francs..
Ditto Account
Piedmontese, 5 per Cent., Ex. 25f —
Peruvian Dolar Bonds, 41 per Ct. Ex. 4s.

TWO O'CLOCK.
Connote Money
Ditto April Account ..