The Sun.
London, England, 1863-10-31 00:00:00

NE Y MARKET

J

AND
COATATERCIAL INTELLIGENCE.

CITY, TWELVE o'CLocK.
A very active demand prevails in the Money
Market for accommodation, and 38 4 per cent. are
the lowest charges for short-dated bills.
A further sum of £65,000 in bar gold was with-
drawn from the Bank yesterday for exportation.
In the foreign exchanges yesterday afternoon a
general downward movement took place.
Since Monday last the imports of specie have
amounted to £723,500, and the exports to
£706,000.
The Bank of Horand has raised its rate of dis-
count from 3 to 31 per cent., and the Bank of Frank-
fort from 31 to 4 per cent. _
The National Steam Navigation Company ,is a
new undertaking of great importance. It is
proposed to place on the New York station a fleet
of screw steamers from Liverpool and London, of
large size and capacity, which, from the regularity
of their passages, will doubtless command a full
share of the steam trade, as well as that of sailing
vessels. As time shall mature the progress of
the company's operations, steamers are to ply
to ports in South America, and, when the
war is over, to the American cotton ports.
Provisional arrangements have been made whereby
three new steamers have been secured, and contracts
have been entered into for the building of others of
about 3,500 tons each. The operations of the com-
pany are to commence by fortnightly services each
way, to be increased to weekly as soon as all
the vessels are ready. The ports of departure
are to be—Liverpool for the weekly line, and
London to the extent the metropolitan trade
may require, Reference is made in the prospectus
to the success of kindred institutions, such as the
Cunard and Inman Company, the Pacific Steam
Navigation Company, &c. The capital required is
X 2,00,000, which is divided into 20,000 shares of
£lOO each. The board of direction is respectably
and influentially constituted, and the project is
recommended by about sixty London firms, includ-
ing Messrs, Rothschild, Peabody, Rodocanachi, &c.
The shares are now 41 to 51 prem.

Two o'CLoCK.
English Stocks continue dull and without altera-
tion. There is an absence of speculation in this
department, and the bona fide operations are also
very small. Consols remain at 93 tor money and
account. The New Threes and Reduced are 913
Exchequer Bills are ls. dis. to 2s. prem.; India
5 per Cent., 1091 ; do., 4 per Cent., 1003 3 ; do. 4
per Cent. Enfaced Paper, 983; do. 5 per Cent.,
1061, 107 ; and do. 53 per Cent., 1151.
In the Foreign Market there is not much ani-
mation, and prices tend downwards. Turkish 6 per
Cents., 1862, are 713 3 ; do., Consolides, 53 3
Mexican, 40i 3 ; Greek, 30 4 ; do., Coupons, 143 3 ;
Portuguese, 493 50 ; do., New Loan, 13 23 prem ;
Spanish Passive, 353 3 ; and do., Certificates, 1333.
Business in the Railway Share Market has
been moderately active, but in most instances
Prices have shown less firmness. Great Eastern,
Great Northern, and North Western have declined
; London and Brighton, Metropolitan, and Mid-
land, 4 ; and Caledonian and South Eastern, 1.
The Foreign and Colonial lines shop little
change of importance.
Bank Shares have also in some instances been
rather flatter. Chartered of India, London, and
China have declined to 72 3 ; Union of Australia
to 601
4.

In the Miscellaneous Market London Financial
shares have improved to 16k, and Royal Mail Steam
have declined to 761. The latest current quota-
tions for several of the principal new undertakings
are as subjoined:—lndia Land Mortgage Bank,
23 3-1,- prem.; East London 3 to 31 prem; Mercan-
tile Credit, 31 31 prem.; Swedish Bank, 41 5
prem.; National Shipping Company, 51 6 prem.;
and_Discount Company, 9/ 10 prem.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
931 3
Indiaper Cent. Annuities
Stock, 1874 .
Ditto 5 pet Cent. 1870
Ditto 4 per Cent. 1888 lOOl a
Ditto Enlaced Paper, 4 per Cent .. 1..:81 8
Ditto 5 per Cent
Ditto 51 per Cent
Ditto Debentures, 4 per Ct., Oct„ 1863
~., Ditto ditto Aug. 1864 or 66 1001 i
,oris
, ols for Account, Oct. 8 93 3
•"..xehequer Bills, £l,OOO, 21 per Cent 1 die 2 pm
Ditto £SOO
Ditto Small

°
REIGN FUNDS—CLOSING
_PRICES.
Brazilian S
per Cent • • • O
i
Ditto Scrip, 1863, £l5 paid
-EgYptian 7 pet Cent lOl4
Greek 5 per Cent.,
_1824-5, ex-Coupons —ol i
30
Ditto Account
Ditto Coupous
4/ I
Ditto Account llO/
kexican. 3 per Cent
411 401 1
Ditto Account
New Granada
Peruvian 3 per Cent. .
Ditto 4/ per Cent., 1862
Ditto Account 874
Poruguese 3 per Cent.. 185.3
Ditto 3 per Cent., 1856, '7, '9, '6O, 61, — •
Ditto Accountso;g4
Russian 5 per Cent., 1822, St
Ditto 5 per Cent, 1862
Sardinian 4 per Cent
.... —
Ditto Account
Spanish 3 per Cent
Ditto ACCOUtIt
Ditto Passive
Ditto Account .. ............:.;• 3si it i
Spanish Cert. of Coup not funded .......
TDitto Account,
urkish 6 per Cent. 1854
Ditto, £lOO Bonds
Ditto 6 per Cen.t. •1862 •
71i
Ditto A .:count .
Venezuela 3 per Cent.
Ditto
Recount
26
Ditto 6 per Cent., 1862
Ditto Account .. 611 2 11
Dividends on the above payable in London.
TWO O'CLOCK
O'CLOC
Cansols, -Money
Ditto Account
93 i