The Sun.
London, England, 1863-10-12 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

There is no new feature of importance in
the Discount Market this morning, the de-
mand being of an active character. The brokers
and joint stocx firms exhibit great reserve
in negotiating long dated paper, and for
six months' bills, which a week or two ago could
have been discounted at 4 per cent., 5 per cent. is
now required. The rate for three months' bills is.
4 per cent.
The Hecla has arrived from New York with
£35,146.
The accounts from the manufacturing districts
for the past week state that business in most de-
partments was less active. At Manchester prices
of both cloths and yarns have been rather firmer,
while operations in the woollen districts of Leeds,
Bradford, and Huddersfield were chiefly in winter
goods at fully late rates. In the hosiery and lace
departments of Leicester and Nottingham, more
activity prevailed, while no change of importance
can be reported in the hardware districts of Bir-
mingham, Sheffield, and Wolverhampton.
A new monetary establishment has been formed,
entitled the Discount Corporation, with a nominal
capital of £2,000,000, the first issue to consist of
10,000 shares of £lOO each. The object of the
institution, as its name implies, is to offer assistance
to the mercantile community, whose general expan-
sion of trade, the directors state, require greater
discounting facilities. Arrangements have been
made for the transfer of Messrs. Bruce and Co.'s
business, and two of the late partners are to be
members of the new board, which is very respect-
ably constituted. The shares are already quoted 2,1
t prem.

The Sardinian Mining Company, with a capital
of £lOO,OOO, in shares of £lO each, has been pro.
jected for the purpose of purchasing and working
extensive mineral estates in Sardinia, about 30 mires
from Cagliari. The reports of engineers and others
which accompany the prospectus furnish ample
information as to the produce of the mines
and the quality of the ore to be found
there. The amount to be paid for the transfer
of the property is £12,000, and a stipulation has
been made that the proprietors shall receive a third
of the purchase money in shares of the company.

Two O'CLOCK.

At Paris this day, according to Mr. Renter's tele-
gram, the 3 per Cent. Rentes were at 67f. 65c.
67f. 70c.

The English Stock Market is now assuming a
dull and inactive appearance. In fact the members
are beginning to settle down after the late activity,
and their calculations exhibit greater coolness and
deliberation. Nothing of any moment has occurred
to agitate Consols either one way or the other, and
the quotations, therefore, remain the same as on
Saturday, viz., 928 93 for money, and 93 1 1 for
the account. The New Threes and Reduced An-
nuities are 911 ; Bank Stock is 233; and Exche-
quer Bills continue at par to 3s. prem. The India
5 per Cont. Loan is 1082. ; the 4 per Cent. ditto
1004 ; the 51 per Cent. Enfaced Paper 1161. The
Debentures are 1001, and the Bonds 183. prem.

A very good business was negotiated this morn-
ing in the Foreign department, the principal feature
of which is the continued depression of Greek
Bonds, which have fallen this morning to 33: I,
and the Coupons to 15 16. Mexican, on the other
hand, are much firmer, and have advanced t 0421 ;
Turkish Consolides have also risen to 53: a ; the
Spanish Internal Passive Debt shows weakness, at
29: 301 ; the Confederate Loan is steady at 25 23 d is.;
and the Brazilian Loan is buoyant at I 1 prem.
The 41 per Cent. Brazilian Loan has realised 91/ ;
Danish 3 per Cents. are 85; New Granada, 151 ;
Russian 5 per Cents., 93: ; the 41 per Cents, 1850,
90: ; the 5 per Cents., 1862, 931 ; Portuguese 3 per
Cents., 49 1 ; Spanish 3 per Cents., 541 ; New
Deferred, 481 ; and the Certificates, 13i 14 ; Tur-
kish 6 per Cents. of 1854 have brought 92 ; do.,
1858, 704, 70 ; the £lOO Bonds, 731 ; the 1862 issue,
701 71; Venezuelan 6 per Cents. are 614 ; and
Italian 5 per Cents., 721-1.
In the Railway Share Market there has been
very little animation, and the few bargains re-
corded exhibit a further slight decline in prices.
Great Eastern and North Western have receded
55., and Caledonian and South Western, 10s.
For the Foreign and Colonial lines there has
been very little inquiries, and prices are un-
altered.

Bank and Miscellaneous Shares are flat. India
Land Mortgage Bank are quoted 39 prem. ;
Anglo-Austrian, a prem. ; East London, Ito 1
prem. ; London and Provincial Marine, to
prem.; and Discount Corporation, 24, 3 prem.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock 233
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities 92/ 31 2/
New 3 per Cent. Annuities
New 3} per Cent. Annuities
New 21 per Cent. Annuities
5 per Cent. Annuities
litmuities, 30 yrs, expire kith Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 —
Ditto (Red Sea Telegraph), Aug. 1908 —
India Stock
Ditto 5 pee Cent loBk i a
Ditto 4 per Cent —
Ditto Enfaced Paper, 4 per Cent .. 1001,
Ditto 5 per Cent —
Ditto 5} per Cent
Ditto Debentures, 4 per Ct., Oct,, 1863
Ditto ditto April, 1864
Ditto ditto Aug. 1364 or 66 100 k
Ditto Bonds .El,OOO lB 22 pm
Ditto under .L 1,000......
Bank Stock for Account
Consols for Account, Oct, 8.. 93i
India Stock for Account, 5 per Cent —
Exchequer Bills, £l,OOO, 24 per Cent —
Ditto £500
Ditto Small

FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent —
Ditto
Brazilian D 5 per Cent 1859
991
Ditto 4.1 per Cent 1859-58-60
ChDiliiattO6 per Cent ''
'''
101 2
4/ per Cent. .
Danish 4 per Cent. 1863 1863 **
Ditto 3 per Cent., 1825.. B5
Egyptian 7 Per Con.;
Ditto, Second Issue— loo}
Ditto 5 per Cent., 1824-s,:ex-Coupons — 1
Ditto Account ...
Ditto Coupons **************** ' ******** 331 3 1 1
Ditto Account
Italian 5 per Cent.plarenitnana Railway) 81i 1 i
Mexican 3 per Cent
Ditto Account
New Granada -
Peruvian 3 per Cent. ..
Ditto Account
Ditto 41 per Cent., 1862 ..
Ditto Account
Ditto 3 per Cent., 1859
Portuguese 3 per Cent., 1853
Ditto Account 491
Ditto 3 per Cent., 1856, '7, '9,
49/ ; 11
Ditto Account '6O, 62.. I
_
Russian 5 per Cent., 1822, £ St 93;
:Ditto 41 per Cent 1850.. . 901
Ditto 1860 9l
Ditto 5 per Cent. 1862 934 _a 2;
Sardinian 5 per Cent
Ditto Account B9
Spanish 3 per Cent
Ditto Account
Ditto New Deferred
Ditto Account 4Bl
Ditto Passive
Ditto Account
•
Spanish Cert. of Coup not funded —
....
we 14 13 13
Ditto Account 1 T,dish, 4 per Cent
'4raian 6 per Cent. 18-4
_Ditto A
Ditto 6 Account.,
..92 1
p Per Cent. 1858 ,itto Ace
'—
Ditto,liitto(;lo°Ouinlionds
73i
»itto Aece:;„?, nt. 1"2
Dthitttoto 6Gptiectrra'tet'n't; . ifitii, ... .. . . Oci pd. 7-1
"I
Venezuela 3 Per eced, 4 per Cent —
»itto Account . "It:
****************
Ditto 6 per(et , *** **
******************
Ditto Account '**
t.h.e...a: ********************** -1±
Dividends on
Belgian ,0 per Cent., Elb.°;:cPaYable in London.
Dutch 21 par Cent., Ex. 12 6,l—ii ********
Ditto 4 per Cent. Certificates - ********
French Rentes, 3 per Cent., Ex. * ~ ****
Italian, 5 per ,;
Cent., 1861, Ex.s
Ditto Account. ************ 2.. ****************** Zia 1
Oonsols, M TRREE O'CLOCK.
Money ..................
Ditto} Account ..

Liverpool Cotton Market----This Da,

Great demand ; about Id. advance on Friday's
rates; particularly in Americans. Sales, 20,000 or
more. Import, 1,244; previously, 238.

COLONIAL GOVERNMENT SECURITIES.
p.c.J a. z 6.1 ut"
1877-54 . lOO 103 105
Do. 6p. c. Feb. & Aug. 100 101 143
Do. dp. 0.31ar. & Sept. 100 101 143
Do. sp. c. Jan.&July. 100 1.2 94
Do. 5 Inscribed stock 100 92 94
Cape G.Hope, 6 p c,187 100 108 110
Do.Ap & Oct. 1880 100 109 111
Do. 1891 100 110 112
Do. Jan. & July, 1891.. 100 U 3 115
Ceylon, N0v.1878, 6p c 10u 113 116
'Mauritius 6 per cent lOO 197 108
Natal Gov. 6 per cant 100 /19 112
IN./3.Gov. 6 p.c. a.&J ul) 100 10 105
Do. 6p. c.Ap. & Oct. 100
- N. S. W. Gov. 5 p ISot 100 101 102
- Do. sp. e.,lBri to I',7t 100 102 103
- Do. d0.,1888 dcupwds 100 102 103
'New Zealand 6 p cent. 100 110 112
,Nova Scotia Gov. 6p. c.
sterling, 1875. lOO 104 106
Queensland Gev. 6p. c. 100 1;1 113
.S.Aus G6p.c.1878.6t up 100 112 114
- Vic. Gov. 6 p.c. Ja.&July 100 108 110
- Do. 10 tsp.O. AD.toot 100 (104 novuot 3ti
BRITISH MINES.
2 ICambrian Consol. Golds 1 3 Id
ulitlord Amalgamated.. 36 34 363
Deven G. Con.. (Tavist., 1 545 655 5474 523
East Bassett (Illogan).. 30 74 77
1 East Clogau Gold Ltd. 52. 4d par(
East Caradon ...... 1.14.6 28 29 283
East Cara Brea... . 3.4.0 11 73
E. W'l Russel (Tavistk. 8.6.6 23 34 3i
Gam..tSt.Aubyn(Gwen.: tSt 13 15
iGreat South Tolgus.... 178 51 53 5) 3
G. Wheal Vor (llelstou 40 91 103 It 4
101renville
fiend's-Foot 8.12 26 ;38
illingston Downs 4., 8.0 2 24
'Lady Bertha
illargaret (Uny Lelant 94 22 24
Marke Valley..
4 Myndy Iron Ore (Lim ; 23 14
New Setun l9l 100 110
- • North Downs 23 13 2
S.Wh '1 Basset (Mogan 2.17.0 21 34
North Wheal Crotty
l'ar Consols (St. Blaze'', 13 4 5
20 I Vrovidence (Uny Lelnt.) 10.6.7 13 46 433
South Caradon(St.Cleer, 14 1 415 425
3. Cara Brea (Mogan).- 5.15.61 14 2
z'..Wheal Fran. (Mogan 18.1m.9 60 65
(Stray Park
5 { Camar Lead Min. 43 46
tin Crolt 9 19 20 19a
West Basset (Illogan) l3 94 103
W C. radon (Liskeard) 5 21 23
West Setou
Wheal Basset (Mogan) 54 723 775
Wheal Buller( Redruth) 5 25 30
Wheal Kitty (U.Lelant) 2.0.6
WhealLuckott
Wheal Mary Ann !Men ) 8 83 94
Wheal 3eton . 683 195 205
Wheal Treiawney (Lis.) 7 21 23
Wheal Union 3.17 . 21 35