The Sun.
London, England, 1863-10-09 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

A firmer tone is apparent in discount circles to-
day on account of the advance made by the council
of the Bank of France in their minimum quotation
from 4to 5 per cent. This important measure has
naturally induced greatercaution among capitalists
here, who are less disposed to employ their resources
at the current quotations until the tendency of
affairs can be more clearly defined. The demand,
however, was not increased, and instances are still
recorded of superior bills being negotiated at 33
per cent.

The return from the 131nk of England, compiled
to Wednesday last, is again of an unsatisfactory
character. The reserve of notes and bullion have
been diminished to a large extent, while the active
circulation has been increased. Annexed is an
analysis:—

.. £21,768,375
.. 250,475
.. 14,856,037
.. 421,848
• • 3,736,695
• . 8,100
.. 9,510,057
.. 239,571
.. 12,89,3642
.. 823,818
• . 777,032
06 17,815
.. 11,141,227

Active Circulation ..
Increase .. • •
Bullion .. • • • •
Decrease .. • •
Rest .. • • •
Increase ..
Public Deposits
Increase ..
Other Deposits..
Decrease ..
Seven Day and other Bills ..
Decrease
Government Securities ..
Decrease
•. •• •• 01
Other Securities .. 22,591,557
Increase
.. • • • • 78,418
Notes Unemployed .. 7,051,715
Decrease 659,725
The monthly return of the Bank of France, pub-
lished this morning, is of an unfavourable character,
and shows, by the straightened position of the esta•
blishment, the necessity which urged the Council
yesterday to raise their rate of discount. A decrease
Is exhibited in the cash in hand amounting to
£1,733,333, the Treasury balances have been dimi-
nished by £146,666, and the advances on loans
£124,000. An increase has taken place in the cur-
rent accounts of £75,000, in the bank notes £560,000,
and in the bills discounted of £2,320,000.
Concurrently with the advance in the French rate
of discount, the quotation at Frankfort has been
raised from 3to 31 per cent. It is not improbable
that greater firmness will now be experienced in
some of the other continental money markets.
The Metropolitan and Provincial Bank have re-
solved to open a branch in Macclesfield.

The large supply of Mexican dollars by the
Tasmanian have been sold at ss. 3d. per oz., show-
ing a slight decline in value.

The Hansa, from New York, has brought
£50,000.

The new Brazilian loan has been most favourably
received, but the circumstance was generally con-
templated, owing to the influential and substantial
support which had been accorded to the proposition
before the issuing of the prospectus containing the
terms of the proposed loan. The price of issue its
considered to have been fixed upon the fair prin-
ciple of giving the subscriber an adequate margin
for profit in relation to the prices current for exist-
ing stocks. That the loan will be successfully
floated is certain, the applications being already
both large and of an influential character.

Two O'CLOCK.

During the later hours of business yesterday a
kind of panic prevailed at the Stock Exchange, the
advance in the rates of discount at Paris, and Frank-
fort being added to the adverse circumstances pre-
viously affecting the markets. Sales were forced,
especially in the foreign department where consi-
derable excitement still prevails, and Consols closed
heavily at another decline ofd per cent. No fur-
ther change has occurred to-day, but the quotations
continue heavy at .92i 93 for transfer, and at 931
for the November account. The New Threes have
receded to 91Z- I, and the P.educed Annuities to
911 d ; Exchequer Bills are firm at par. to 3s. prem.;
India Stociz is marked 224 ; the 5 per Cents. are
1084 ; ditto 4 per Cents., 100 k, and do., Enfaced
5 per Cents. 108.

There has been and is still a very perturbed mar-
ket for Foreign securities. Greek have been 321 ;
they are now 331 34k, or 1 d lower than yesterday
afternoon. The Coupons have been 141 15, and
have rallied to 151 t—a drop of 11 per cent. Con-
siderable fluctuation has also taken place in Mexi-
can : business has been recorded at 41 1, and the
latest prices are 421, ore per cent, worse than yes •
terday. Turkish Consolides have advanced to 524
53. Spanish Passive, after touching 331 34, have
rallied to 34 1; the Internal have dropped 11, viz.,
to 281; and the Certificates are 131 1, and they
have been down to 13 1. The Confederate Loan
has advanced to 25 to 23 die., and is now nominal
at these quotations.

Business in the Railway Share Market has been
rather dull, and a further decline has taken place
in prices. Lancashire and Yorkshire, North Western
and Metropolitan have each declined £1; South
Eastern, 15s. ; Caledonian, 10s. ; and Great Eastern,
Great Western, Midland, and North Eastern Ber•
Wick 6s.

The Foreign and Colonial lines have remained
Without material change. Great Western of
Canada are quoted IN I ; Grand Truck of Canada,
22; and East India, 1073-..
Bank Shares are also at slightly reduced prices,
London and Westminster being dealt in at 79,
London Chartered of Australia at 294. Indian
Land Mortgage Bank are quoted 31, a prem;
Anglo-Austrian, I 11 prem; Royal Privileged
Bank of Austria par to I prem.; and East London
li to 2 prem.

In the Miscellaneous Market the operations con-
tinue restricted, and quotations, in most instances,
are a shade flatter. London Financial are marked
13i ; International Financial, 9i 10; General
Credits 411.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock .
—........
3 per Cent. leeduced Annuities
92 a 3 per Cent. Consols Annuities f /
New 3 per Cent. Annuities
India Stock. 911 a a i
Ditto 5 pet C .....
Ditto 4 per Cent
......... : ....
:
1 i
Ditto 5 per Cent
Bank Stock for Account
Consols for Account, Oct, 8 93i 3 ill
India Stock for Account, 5 per Cent —
Exchequer Bills, £LOOO, 2,1 per Cent 3 pm par
Ditto £SOO
Ditto Small
FOREIGN FUNDS—CLOSING PRICES.

Austrian Bonds, 5 per Cent —
Ditto 1859
Brazilian 5 per Cent
Ditto 41 per Cent., 1852-58-60
Buenos Ayres 6 per Cent —
Ditto Account —
Ditto 1 per Cent. (Deferred 3 per Cent )
gYptian 7 per Cent lOl 100/
Ditto, Second Issue— lOO/.
Greek 5 per Cent., 1824-s,lex-Coupons
Ditto Account
Ditto Coupons
Ditto Account
Mexican 3 per Cent
Ditto

Account
Moorish Imperial 5 per Cent
New Granada l5 a
Ditto 2 per Cent.
.... 321
Ditto Land Warrants (Hectares)
-P
7±
ertly-
„. ian / . per Cent.
Ditto Account ..
l',.)itto 41 per Cent IS6')
uitte Account- " ' " •.
Portußn.,Se3B7l /
per Cent.. 18.53
Ditto 3...
Ditto Ar'°ro Cent., 1856, '7, '9, '6O, 62.. 48!
R,,ssionTeperrlT .................... 49k 8,1
cen. 1862 ent.. 1822, £ St
Ditto 5 pe—
Fardinian 5 per
Ditto Acctounetnll
ei
.. .......
......
—Bl
Spanish 3 per Cent
Ditto Aceount . ................ 5 5
. .....
Ditto New Deferred --4 k `
Ditto Passive
..
Spanish Ditto Account,
cert
. o f c
.....
la. .0 .. -4i 4 f 31 41
Ditto Account.... ended
Turkish 6 per Cent. 1854 l3 1 13 1 i
Ditto Account.
Ditto 6 per Cent. 1858
Ditto Account --
Ditto 6 per Cent. 1862
6991
-Ditto Account ..................
-Venezuela 3 per Cent.
t 691 7Cli I
Ditto 6 per Cent., 1862
Ditto Account .................. 61i
Dividends on. the above payable in London.
Italian, 5 per Cent., 1861, Ex. 25 francs —_
Ditto Account
THREE O'cLocx.
.pOnsols, Money
Ditto Account ....

Closing
Share Railways Paid. Price. Business done
100 xtlantio &St Lawrence all 63 (5
dkJ Bom.,Baroda&.Centlnd
100 1(7 0 8 1074
1 Gu. 6 per cent. .
20 Do. New
20 Do. E. 5hare5......... 74 14 1,4 p
201 Buffalo and Laxe Huron all 6 6i
10 Do. Preference .... . all 84 94
Buffalo,Brant,&Godrieli _
100
6p. ct. bds. Aug. 1,187 k .0
100 Do. do. July 1, 187:1 100
100 Do. do. June 1, 18;1 100
et Cleutta.&S.Eastn.(Li 100 11 61 3074
st Cape Town & Dock Scrii 100 0 4 106 106
stock Eastn. Bengal gu. sp. c 100 1084 3094
stock East Indian. gu. sp. c, 100 1674 1. 81 108 474 8
20 Do. do. G Ext..... 10 if 14p
20 Do. do. H do. 10 14 lop
stock Grand Trunk of Canada luu 22 03 22
100 Do. Ist Pref. Bonds.. all 76 78 77
100 Do. no. deferred...... all 62 6
100 Do. 2d Pref. Bongs.. all 69 71
100 Do. do. deferred...... all 55 58
100 Do. 3d P, ef. stock ... all 52 54
100 Do. do. deferred...... all 42 41
100 Do. 4th Pref. stock... all 30 32 291
100 Do. do. deferred...... all 25 27
stook Gt.lncliaPemn.gua.sp.c 100 108 109 1081
20 Do. New gua. sp. c... 12 14 lip
20 Do. January, 1862 .. 8 1* 11,
stook Gt. South.of India(Lim;
guaranteed 5 per oent. 100 106 107
201 Gt. W. 0/ Canada Shares all 104 104 101
204 Do. New 18 94 94,
100 Do. 6 p.o. '73 with't opt. all 96 98
100 Do. 54 p. to. do. '77-8.... all 88 90
10 Indian Branch Limited 2 4 2: p
stock Madras guar., sp.c. .. 100 106 407 1061
stock Do. 44 p. 0. Extension 100 101 102 102
stock Dc.4k d 0........ 100 )8 100
20 Do. Fifth Extension. 2 --
stock ldelb.Corp. Bp. o. Bnds. 100
50 Melb. & Ilobson's Bay. all 58 (9
100 Do. 7p. 43. Kong. Bds. all
80 Newßi uroswick a Canda
Class A. and B. all 3 5
N.ll.l.C'da6 po Ist f bds 100 52 84
stock Soinde (100 1061 1071 107
st Do. Delhi lOO Ito 107
Do. do 2 4p 24
20 Do. Punjaub te, all
st Do. Do.
1' ock Do. Indus. St. Flo ) 100 102 104
COLONIAL GOVERNMENT SECURITIES.
p.o.J a. &J ut)
1877-84
I Do. 6p. c. Feb. & Aug 100 tcl 1( 3
Do. dp. c. Mar. & Sept. 100 10 t 1( 3 101
Do. sp. c. Jan.&July. 100 t 2 04 924
Do. 6 Inscribed stock 100 92 94
Cape G.Hope, o p 0,1873, 100 108 110
Do.Ap &Oct. 1880 100 109 111
Do. 189( 100 110 112
Do. Jan. & July, 1891.. 100 113 115
Ceylon, N0v.1878, 6p c 100 113 115
Mauritius 6 per cent .. 100 197 208
Natal Gov. 6 per cant.. 100 /19 112
IN.B.Gov.6p.o.Ja.&Jul) 100 tO t 105
Do. 6p. c.Ap. & Oct. 100
- N. S.W. G ov. 5 p 1.,180ie 100 101 102
Du. 5 p.c.,18/i to hlt 100 102 103
Do. d0.,1888 & upwds 100 102 103 1021
'New Zealand 6 p cent. 100 110 112
,Nova Scotia Gov. 6p. c.
steriing, 1875. lOO IC4 106
Queensland Gcv. 6p. c. 100 1:1 113
15. Ants G6p.c.1878.& up.. 100 112 114
Vio.Gov. 6 p.c. Ja.&July 100 108 110
Do. io 6 p.o. An.&Ook.. 100 1104 lll 11101
BRITISH MINES.
2 !Cambrian Consol. Gold 1 1 id
Amalgamated.. 36 38 374
Dcvcn G. Con.. (Taoist., 1 515 655
,547 50
East Bassett (Illogan).. 30 74 77
1 East Clogau Gold Ltd. 52. 4d par
East Caradon l.l.ei 28 29
East Carn Brea j 3.4.0 74 74
E. WI Russel (Tavistk ~, 8.6.6 3 34
- !Gam.&St.Aubyn(Gwen ), :81 13 15
reat South Tolgus 17s 41 54
G. Wheal VOr(llelaton 40 94 . 101
Grenville
! I ilerc.d's-Foot 8.12 26 38
(lingeton Downs 4.' 8.0 2 24
,Lady Bertha
!Ilargaret (Clay Lelant 5.4 23 25
IMarke Valley.
4 Ilyndy Iron Oro (Lim ) 24 14 S d
New Seton
- North Downs 24 14 2
N.IVII'I Basset (111o4an, 24 31
North Wheal Crotty
Par Consols (St. Blazey, 1* 4 5
20 ttovidence(Uny Lelnt.) 10.0.7 ,3 45
South Caradon(St.Cleer, 14 415 425
S. Cara Brea (Illogan) 5.1.5.6! 14 2
Iran. (Illoga,n) 16.1.1.9 60 65
Stray Park
5 1 PainarSilv.& Lead Min 44 4
fin Crort 9 194 204
West Basset (Illogan) l4 94 104
WC' radon (Liskeard) 5 21 23
West Seton
Wheal Basset (Illogan) 51 724 774
Wheal Buller(ltedruth) 5 25 30
Wheal Kitty ('.Lelant) 2.0.6
WhealLudcott 1:2.10.3 24 21
Wheal MaryAnn;:den ), 8 61 94
IWheal Seton 584 /195 205
W heal Treiawney (Lis.); 7 19 20
!Wheal Union 3.17 2 3

PREFERENCE SHARES.
Great Eastern, E. Anglian No 1, 5 per cent. stock, 1091
Great 'Western, 4 per cent. irred ,
Midland 4i per cent. pf. stk. rd., 103
South Eastern (tteading Anns., £1.0.6), 21
PREFEttENCE SHARES AND STOCKS.
London, Brighton, &c., per cent., 1858, 103}
London, Chatham, Sm., Metrop. r xt., C, 8 per cent., 821
South Eastern 5 per cent., 1041 4

FOREIGN RAILWAYS.
Bahia and San Francisco (111 m) gua. 7 per cent., 20}
Recite and San Francisca (iitn.), gua. 7 per cent., 18 1
San Panto (lim.), gua. 7 per cent., 9}
Ditto (all), 22i i
Turin cue Savona,
Ditto (all), 18

FOREIGN' MINES.
Alamillos, limited,
Fortuna (Um.),
Linares, 7
Pontgibaud Silver, Lead Min. and Smelting,
Port Philip, 1* * g,
United Mexican (linf,, 6i
Worthing (limited), *
Yudanaznutana of S. Australia (lira.), n 3
JOINT-STOCK BANKS.
Agra and United Service (lim.), 117 f 18
Alliance Bank of London and Liverpool (11112.), 4Ol
Ditto, new, 20 191
Australasia, 77
Bank of t ,tago, lim., 11
Bank of Queensland (lim), 151
Brazilian and Portuguese, lira., 8*
Chartered Bank of British Columbia, 11;
Chartered Bank of India; Australia, and China, 33* 9
City, 110
Consolidated Bank, lim., 10*
English, Sco; eh, and Australian Chartered, 23f
Hindustan, china, and Japan (lim.), 27}
Imperial Bank (lim.). 221 3
Imperial Ottoman, 181
London Chartered Bank of Australia, 29*
London and County, 12
London Joint Stock, 361 ; 6
London and IsThrthern aim), ill
London and South African, 271 8 71
London and Westminster, 79
Metrop. and I'rov. Bank (lim.), 18 17*
National tiank, 16
Provincial of Ireland, 924
Scinde, Punjaub, and Delhi (11m.), 6B
Union of Australia, 574 8 7f
Union of England and France (Um.), 10
DOCKS.
St. Katharine, 641

MISCELLANEOUS.
Ang;lo-Mexican Mint, 22
Bombay Gas, limited, 3
Crystal Palace, 39±
Ditto, pref., 1171
Electric Telegraph, 106
Gen. Crtdit and t, inance of London, lim., 41 1
General Steam Navigation, 28±
Hudson's Bay, 81 a 9
International Financial Society, lim., 10 in 1 10
Italian Irrigation (Canal Cavour), 44
Ditto, 6 Der cent. Bonds rd. 870 issued 90, 88
Joint •stoek Discount, 13;
London District Telegraph (Pep.), la
London l'inamial Association, lim., 13/
London General Omnibus Company (line.), 21
Oriental Inland Steam, lim., 31
Peninsula and O'iental Steam, 82
Royal Mail Steam, 74