The Sun.
London, England, 1863-11-04 00:00:00

ONE Y MARKET

AND
COMZIERCIAL INTELLIGENCE.

CITY, TWELVE O'.
Pending the arrival of later intelligence fromCLOCK the
various money markets abroad, and the further ten-
dency of the specie movement at home, some slight
reserve is manifested iu discount circles in conse-
quence of the recent changes in the terms fur ac-
commodation, the result of the weekly meeting of
the BankD irectore to-morrow afternoon will no doubt
be awaited with considerable interest. It is thought
that no further movement isglikely to be made, but
while affairs are so unsettled it is natural that some
uncertainty should prevail. The inquiries to-day are
reported active, but they are readily supported at 5
per cent.

About £48,000 in bar gold and £33,000 sove-
reigns were withdrawn from the Bank yesterday.
The Poonah, which leaves to day with the Cal-
cutta and China mails, will carry £167,239.

In the foreign exchanges yesterday afternoon
there was a general slight upward movement.

The 1111gdalena from the Brazils has I)rought
£25,573 in specie.

The prospectus has appeared of the Merchants'
Banking Company of London, which has a fixed
nominal capital of £2,000,000, and proposes to raise
for its first issue one-half of that sum by 10,000
shares of £lOO each. The directors are gentlemen
of large business connections, and their object
is to transact operations pertaining, as the
title of the company indicates, of merchant
bankers. Possessing ample and local know-
ledge of the several markets of Europe, the
managers intend to commence business at as
early a day as the preliminary arrange-
ments will permit. Advances are to be made on
the staple manufactures of this country under docu-
mentary bills, as consigned to the company's agents
abroad for periods necessary to realise the sale of
snail goods. Costly establishments abroad are to be
avoided,as the agencies of mercantile houses already
established and interested in the company's opera-
tions will undertake these duties.
The Metropolitan and Provincial Bank (Limited)
Was on Monday admitted to the privileges of the
clearing-house, The various drafts which must
otherwise have been collected at the counters of the
several banks were thus more conveniently arranged.
Mr. C. H. Robarts has joined the board of the
London, Birmingham, and South Staffordshire
Bank.

Notice has been given that the share list of the
Natianal Steam Navigation Company will be closed
on Saturday next, the 7th inst.

Two O'CLOCK.
The Stock Exchange Markets opened this morn-
ing with an exceedingly depressed appearance, and
it soon became evident that the decline in prices
had not yet ceased. Sales were effected of all de-
scriptions of stocks and shares, and the classes
recently selected as the favourite medium of spa.
culation were those which suffered most. A large
number of speculative accounts for the rise has now
been closed, and operations for a fall are now the order
of the day. As much eagerness is now shown to
sell securities as was evinced a short time ago to
complete purchases, the effect is seen in an extreme
degree of gloom and heaviness. Consols are 92: I for
Money and to-morrow, and 92: 93 for the Dec. ac-
count. The New Threes and Reduced Annuities have
dropped to 931 4 ; Bank Stock is marked 234, 236 ;
and Exchequer Bills are very flat at 4s, dis. to par.
Several transactions have taken place in India Stock;
the 5 per Cents. have been 108: 1098 ; the 4 per
Cents., 1001 ; Enfaced 5 per Cents., 106 1; and do.
51 per Cents, 115.
There is very little business in the Foreign Mar-
ket, and a further decline has taken place in prices.
Turkish 6 per Cents., 1854, are 921 2 ; do., 1862,
701 711; do. Consolides, have receded to 47i 48k ; Mexican, to 391 39: ; Greek, to 21 k ; do. Coupons,
to 12-: 131 ; Spanish Passive, to 33: 341 ; do. Cer-
tificates, to 121 13 ; Portuguese, to 494 4 ; the New
Scrip, to 1-Z prem.; and the Brazilian Loan is
dis.
Increased heaviness has prevailed in the Railway
Share Market owing to a preponderance of specu-
lative sales. Great Eastern, North Western, and
South Western have declined 10a., and Caledonian,
Manchester, Sheffield, and Lincoln, and South
Eastern, 155., and Great Northern A Stock, £l.
In the Foreign and Colonial undertakings there is
very little change. Bank shares generally exhibit a
slight downward movement as regards values.
Alliance of London and Liverpool have receded to
44k; Imperial Ottoman to 171; Union of Australia
realise 60.
In the Miscellaneous Market Egyptian Trad-
ing Company shares have declined to 34 ; General
Credit to 61 ; International Financial, 91;
India Land Mortgage Bank Shares are 21
prem,; Anglo-Austrian, par to 1 prem.; Imperial
Privileged Bank of Austria, 1 dis. to par ; East
London Bank, 2,1 3 prem. ; National Shipping
Company, 31 44 prem.; and Australian Credit,
11 2 prem.

BRITISH FUNDS—ONE O'CLOCK.
Bank- Stock 236 4
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities 921 1 / 4
New a per Cent. Annuities
Ditto 5 pet Cent. 1870
Ditto 4 per Ceut. 1888 lO4
Ditto Enfaced Paper, 4 per Cent ...
..
Ditto 5 per Cent
116 /
Ditto 54 per Cent
Consols for Account, Oct. 8..
D 924 2tct 2 hequer Bills, Xl,ooo,per Cent 4 dis par
Ditto Small ito £SOO
4 dis par
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent
Ditto, 1839 and 1859
4
Egntian 7 per Cent.. / dis
Ditto, Second Issue
Greek 6 per Cent., 1824-5, ex-Coupons., ....._.
Ditto Account ............
Ditto Coupons
iki
eDxlitetaonAzicepoeunr c.e.. .... .". .. . .. . .... . . . . ....
..• —l3 4 121
Ditto Accouienn.ti 4O 39i I 948 1 9
Peruvian 3 per
Ditto 44 per Cent., 18672 •
Ditto Account ..... . .
Portuguese 3 per Cent,., . 1.8.,i3 - - Ditto 3 per Cent., 1856, ', . :64,•6::
_—
Ditto Account
491 Spanish 3 per Cent
Ditto Passive .......... -.
Ditto Account 344 k 1 3/
Spanish Cert. of Coup not funded .....
Ditto Account
Turkish 6 per Cent. 1554
921
Ditto Account /
Ditto 6 per Cent. 1862
• /
Ditto Account
_
Venezuela 3 per Cent.
.ilitto Account
nitro 6 per Cent., 1862
Ditto Account
D Dividends on the above payable in London.
tlyl 24 per Cent., Ex. 12 Guil 641
bar? ;mitt°, 46 per Cent. Certificates
Cent., 1861, Ex. 25 francs —
Ditto Aper
Ditto cecnlnt.
..
5 per Cent. 1863, £2l 48 6d paid 1k pm
C2Wli°ttlBe3 TWO O'CLOCK.
1‘1"7
1)14 .„A,ceount
1 4 i
-uecetaber . q2l
92 93
.........

147%1)0°1 Cotten Market—This Day.
Atark •
r.iet at yesterday's decline. Sales,
v
probabl ~ °Pens
1,000 rcl,t 5,000 bales.

.....
FATAL " ---
of thedelu. eCURRENCE.—An inquiry into the cause
porter at 4trt of Daniel Ryder, aged 50 years, a badge
'fier Majesty's Theatre, Haymarket, was held
YeSterd4Y morning in the board-room of Charing-cross
ilos •
sk knal, before Mr. 13edforcl, coroner. It appeared from
',Le evidence that on. Thursday night the deceased had been
gent for a cab, and when near the theatre on his return he
fell forward against the wheel of a cab that was passing,
and he was thrown backwards with great force, his head
striking against the kerb. He was instantly removed to
Charing-cross Hospital, and died neat day of congestion of
the brain, produced by the fall. A verdict of accidental
death was returned.
ROYAL INSTITUTION OF GREAT BRITAIN.—At the
general monthly meeting on Monday, Nov. 2, Rev.
J. Barlow, M.A., F.R.S., vice-president in the chair, Capt.
Douglas Gallon, R.A., F.R.S., Leonard Jaques, Esq.,
William Noble, Esq., the Hon. Josceline W. Percy,
Roskell, Esq., and Win. Sterry, Esq., were elected Allan
hers of the Royal Institution. G. H. Shutt, Es mem-
q., was -
Mitted a member of the Royal Institution. The presenatds
received since the last meeting were laid on the table, and
the thanks of the members returned for the same.