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

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

Discounters are now awaiting the proceedings of
the Bank of England directors with considerable
anxiety, another advance of 1 per cent. being re-
garded as certain. In proof of this, it may be
mentioned that numerous inquiries have been made
at that establishment this morning to ascertain
'whether the regulations had been altered, the
*withdrawals yesterday of 130,000 sovereigns
and £6,000 in bar gold having suggested the
iaea that the authorities might act at once
instead of waiting till their usual Thursday court.
First class bills are negotiated at 6 per cent., but
reluctance is manifested to transact business at the
current terms.
The True Briten has arrived, with £117,930 in
gold and 20,000 sovereigns.
There was a further slight upward movement in
the foreign exchanges yesterday afternoon,
Sir Henry E. Fox Young, C. 8., late Governor
of Tasmania and South Australia, Mr. Edward
Tootal, one of the directors of the London and
North-Western Railway, and Mr. John Allnutt
have joined the board of the Australian Mortgage
Land and Finance Company,
The Union Bank of Australia held a special meet-
to.day for the purpose of considering the propriety
of increasing the capital of the institution from
X 1,000,000 to £1,250,000. Mr. R. Brooks, M.P.,
Presided, and the directors stated that they advised
the augmentation of the capital by the creation and
issue of 10,000 new shares of £25 each, at a pre-
mium of £2O to be issued to the present proprietors
In the proportion of one new share for every four
old shares. Of this amount • when raised it was
Proposed to set aside £50,000 in augmentation of
the reserve fund, and to write off £75,000 on ac-
count of bank premises. Some opposition was
evinced by the meeting to the large premium asked
for by the directors, and a discussion upon the
Subject was proceeding when this report was sent off.

Two O'CLOCK.

At the Paris Bourse this day, according to Mr.
Reater's telegram, the French 3 per Cent. Rentes
were 67f. 15c. to 67f. 17c.

An improvement of k per cent, has taken place
to-day in the English Stock Market, owing to a
few speculative purchases, encouraged by higher
prices from the Paris Bourse, and an impression
that the Bank directors may not, after all, find it
necessary to make a further immediate alteration
in their terms of discount. Consols, therefore, are
D 2- x for transfer, and 91, -5, less the dividend,
for the account. The New Threes and Reduced
Annuities are steady, at 901 1; the 30 Years' An-
nuities are marked 142-; and Exchequer Bills have
touched 9s. discount, showing an increased de-
Pression. India 5 per Cents. are 1084 ; the
°faced 5 per Cents., 1051; and the Debentures,
Dab

The Foreign Market opened with a very heavy
aPPearance, but a firmer tone has since been per-
ceptible, and prices are now almost the same as on
the previous afternoon. Turkish 6 per Cents.,lB62,
are 704 71 ; ditto, Conso'ides, 474 481; Mexican,
9 ; Greek, 301 to ; ditto Coupons, 141 ;
pP4llish Passive, 331 34; Portuguese, 491; ditto
-New scrip, 1 1 prem. ; Italian, 711 2-; and the
Confederate Loan, 62 64.
The operations in the Railway Share Market
have
been of a very restricted character, and prioes
"ve shown further depression. Great Eastern and
Great Western have declined ss. ; Brighton, North
Western, and South Western, 10s. ; Caledonian and
South Eastern, 15s. ; and Metropolitan, 30s.
The Foreign and Colonial lines remain inactive,
atld barely sustain former rates.
Bank Shares are dull. Bank of Australia New
shares have declined 108, and Alliance New Shares
68. London Joint Stock have improved 155., and
-Union of Australia, 10s. General Credit and Finance
bure quoted ; International Financial, 81 9; and
4.1"°37L1 Mail Steam, 75.

BRITISH FUNDS—CLOSING PRICES.
)•onlK Stock _
z Per Cent. Reduced Annuities
92 I I
Nets
Cent. Consols Annuities
90 I 4i
/\TOAW 2 per Cent. Annuities
dew 3i per Cent. Annuities
rew 21 per Cent. Annuities.... " Per Cent. Annuities Jan. 1873
4tinuities 30 yr expire sth Jan., 1880 —
Ditto for' s
30 yrs, expire sth April,lBBs. 14
1 acli Ditto (Red Sea Telegraph), Aug. 190 S.
tStock, 1871
itto 6 pet Cent. 1870 ....
bltto •••
4 per Cent. 1888
ltto Enfaced Paper, 4 per Cent......
105 i
--
Ditto 5 per C nt
Ditto Debentule •es, 4 per Ct.,
1864 99±
Ditto ditto April,
Oct., 1863
Ditto ditto Aug. 1864 or 66
bit
liiitto Bonds £l,OOO
te under £l,OOO —
Bank Stock for Account
91
ioicioh, tbr Account, Dec. 3
baclia Stock for Account,—_.
`'lchequer B*ll 41 000 21 per Cent 9 dm
Ditto Smalll 6, .....
Ditto
x 5-.
co , 4
-Ailstri.an FOREIGN
tond, FUNDS—CLOSING PRICES.
.., 5 per Cent
trk)azili7ll)sBi3tp9teoranCdenltBel,B9s9 _
_
Ditto' 41 per Cent., 1852-58-60
tuDeitto Scrip, 1863, £'2s paid
Poes Ayres 6 per Cent
Ct 13 per Cent. (Deferred 3 per Cent.)
141, 6 per Cent
D: Chiani Ditto per Cent.
per Cent
3 per Cent.
ojitto.4l per Cent
.„elembian 6 Scrip, £l5 pd ~,1ni...-,_
, su 4 per Cent., 1863
Ditto,tgyptianP7rovisotial Land Warrant
Ditto 2
per (1:1 F tti e
981 9
Greek o 98/
Ditto Account . 1824-5, ex-Coupons. • —3oi
Ditto Coupons. .............
Ditto Account .......... - .... —
14± 15
Guatemala 5 per Cent; ****************
Ditto Account *************************
It 5 per Cent.(Mareton; ********* ..1 ****
—.
Mexican 3 per Cent .** aa, way)
******* — Ditto Account
koorish Imperial 5 per Cent
--
Ditto Account...... .
Ditto Account
Ditto 2 per Cent
peDritto Land Warrants (Hectares)
I,l•.,itte
Ditto_
tv64llN3ewperDeCfeernrte.d
..
..
__
441cePoeurnteent., 1862
D
pneaTcontese, 5 per Cent.. Ex. 25f
`.l:tliguese 3 per Cent., 1853
ltto Account 49a
iptto 3 per Cent., 1866, '7, '9, '6O, 62 —
Ole Account 491 a
11.11,itY) Scrip, £lO paid
biT,4u 5 per Cent., 1822, £ St —
'.O 41 per Cent 1850 ..
13.,1163?itt° 1860
3 per Cent., 1859
io"itt
3rdl/43• 9 5 Per Cent.; 1862
I 1 luabli
:Pfc.
eeorrur
enatCent
Cent * B7± i i
patli..,
~. per en. ....
Dittos4l
b;',o Account 4B!
biLtr Passive
Sp. • ° Account 33i I
‘..41,31, „
, Dittr%vert. of Coup not funded —
'l* ." Account
e•cliall 4 '
4,644 ~‘ per Cent ..
Ditto ? Per Cent. 1854
bitto Account 9l
1-)itto GAP"' Cent. 1853
')itto P'ount
Litt° '0,40() Bonds —
Ditt' Per Cent. 1862
Ditto Account 7O/ 1 701 1
1).1)4, -„,Per Cent. 1863, £59 lOs Od pd. 70;
Y ..,,na ,
etiezuel , r.irteed, 4 per Cent
Dit,,, Aa 3 Per Cont.
bitti,- "-pecount
Ditto" 'Per Cent., 1862 -
•,,,"eceunt
Ausl„itriL'il'idends on the above payable in London.
'ol4iahail!„s Per Cent.. Ex. 10 Florins. 64
"iiteh" 1"i Per Cent., Ex. 25f.
, 2A.
b Ditto Ai Per Cent., Ex. Guildersl2l
, Nilo, ;', Per Cent. Certificates
At:tii '' -[‘entes 3 per Cent., Ex. 25f —
,li4tl-4' 6 Per
A 6ent , 1861,
-°itt()B"'„em .
° —rip(lB63) Ex. 2.5 francs
71--
£42 Bs. 31d.paid
THREE O'CLOCK.
C),.1
eels, Aro, 92a 1
''itto A., -E'Y
91t a ex div.
,coullt ..

Liverpool Cotton Market—This Day.

very quiet buyers holding off in the
khtileetEttion that the 'Bank rate may be raised.
4, probably about 4,000 bales.