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

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
aid joint stem 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
while no change of importance
activity prevailed,
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 2k
prem.

The Sardinian Mining Company, with a capital
of £lOO,OOO, in shares of £lO each, has been pro
jetted for the purpose of purchasing and working
extensive mineral estates in Sardinia, abbut 30 miies
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 ccmpany.

Two O'CLOCK.

At Paris this day, according to Mr. Reuter'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., 92-T7 93 for money, and 93 a a for
the account. The New Threes and B,educed An-
nuities are 911 d ; Bank Stoca is 233 ; and Exche-
quer Bills continue at par to 3s. prem. The India
5 per Cent. Loan is 108 ; the 4 per Cent. ditto
1001; the 5 per Cent. Enfaced Paper 1161. The
Debentures are 10N--,, and the Bonds 18s. 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 337,
and the Coupons to 15 16. Mexican, on the other
hand, are much firmer, and have advanced to 42L-
Turkish Consolides have also risen to 53: g ; the
Spanish Internal Passive Debt shows weakness, at
291 301; the Confederate Loan is steady at 25 23 dis.;
and the Brazilian Loan is buoyant at 1 prem.
The 41 per Cent. Brazilian Loan has realised 911 ;
Danish 3 per Cents. are 85; New Granada, 151 ;
Russian 5 per Cents., 931; the 41 per Cents, 1850,
901; the 5 per Cents., 1862, 931 ; Portuguese 3 per
Cents., 49: ; Spanish 3 per Cents., 541 ; New
Deferred, 481; and the Certificates, 13* 14 ; Tur-
kish 6 per Cents. of 1854 have brought 92; do.,
1858, 701 70 ; the £lOO Bonds, 73; ; the 1862 issue,
701 71 ; Venezuelan 6 per Cents. are 64- ; and
Italian 5 per Cents., 728 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
es., 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 31 a prem. ;
Anglo-Austrian, j preen. ; East London, Ito 11
prem. ; London and Provincial Marine, a to
prem.; and Discount Corporation, 21 3 prem.

BRITISH FUNDS—ONE O'CLOCK..
Bank Stock 233
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
New 34 per Cent. Annuities
New 2; per Cent. Annuities....
5 per Cent. Annuities
...I.nnuities, 30 yrs, expire bthJ an., 1880 —
Ditto for 30 yrs, expire sth April, 1885 —
Ditto (Red Sea Telegraph), Aug. 1908 —
India Stock —
Ditto 5 pet Cent
Ditto 4. per Cent —
Ditto Enfaeed Paper, 4 per Cent .. 1001
Ditto 5 per Cent ............
Ditto 51 per Cent
Ditto Debentures, 4 per Ct., Oct„ 1863
Ditto ditto April, 1864
Ditto ditto Aug. 1864 or 66 1001
Ditto Bonds £l.OOO lB pm
Ditto under £1,000..
Bank Stock for Account
Consols for Account, Oct, 8..
India Stock for Account, 5 per Cent —
Exchequer Bills, £l,OOO, 21 per Cent —
Ditto
£5OO
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
Austrian Bonds, 5 per Cent Ditto 1859
Brazilian 5 per Cent ..
Ditto 41 per Cent., 1852-58-60
•••• • ... •• • .
91
Danish 4 per Cent., 1863 . .....
Ditto 3 per Cent., 1825 ........
85
Egyptian 7 per Cent ........... 1001
Ditto, Second Issue— ......
1001
....
Greek 5 per Cent., 1824-s,:ex-Coupons..
Ditto Account ............
Ditto Coupons
Ditto Account l6 151
Italirol 5 per Cent.(llaremmana Railway) 811 1 1
Mexican 3 per Cent
42a 2 i 11 21 2
Ditto Ac,,iount
New Granada
.... 1Q
Portuguese 3 per Cent., 1853
Ditte, 3 per Cent., 1856, '7,'9, '6O, 62
191 I
1
Dit',o Account
Rusßussians per Cent., 1822, £ St 93/
'Ditto 41 per Cent 1850
Ditto 5 per Cent, 1862
panish 3 per Cent
Ditto Account
Ditto New Deferred
Ditto Account 4sl
Ditto Passive
Ditto Account
Spanish Cert. of Coup not funded —
Ditto Account......
-Svi'ediAh, 4,per Cent —
lurkish 6 per Cent. 1854
Ditto 6 per Cent. 185 S
Ditto Account 7Ol 70
Pi.tto, £lOO Bonds
_Ditto 6 731
per C t 186') Ditto Ae en ' .'
131,11.,_ to
6_pee°runCtent. 1863, £59 108 Od pd. --
-,,._'-'_`_l.:.4au_aratteed, 4 per Cent —
' .1-at4tou ! : not Cent.
Ditto -tv, oilat .......... —
Ditto fit.,Aceereli Li 62 •
Divos s
'ends on the above payable in London.
Belgian 41 per Cent -t.
Dutch 2, Per Cent , :ro,:, Es. 25f. .. 12 Una
Ditto 4 per Cent.. Cex.•
(I;teikitcates
French Renter, 3 per
x. 2o francs —
Italian, 5 per Cent., isei, ii,,_E.,,25f
iiitto Account. .....

t3onsoiel, Money ...... TWO O'CLOCK.
...........
Ditto Account ............. .......... .. 921 3
93h

GREAT SHIP COMPANY,--The meeting of share-
holders to hear the result of the labours of the com-
mittee appointed at the 132eting held on Friday week was
held to-day at the London Tavern. Mr. liawe;, chairman
of the investigation committee, read a lung report, which
stated that arrangements had been made with Messrs.
Glyn to prevent for some time a sacrifice of the ship by sale,
and concluded with a recommendation to the shareholders
to make a subscription of sa. per share, which would enable
the company to pay off pressing existing liabilities, and to
charter the ship for an Indian or Australian voyage to re,
sponsible parties. The meeting had arrived at no settled
determination when we went to press.

SHARE LdARKETS---This day,

ORDINARY SHARES AND STOOKS.

I Closins. I Business
Share; Railways. , Paid. b
, , Price. I done.
, .
13.14.161 - Wol., and Str. Val. all 8 11
all
id. Co. all 81 81
1205
if
3101 ys tt.1.1, es
1, andai . ,
aTnydn,,Nel.
et Bristol and Exeter
st Caledonian lOO 1184119; 119 18119
50 Cork and Bandon
)8.: :
_-
20 Cornwall
10 Do A
10 Do. B till6pe.n an ha, ; all Erets no (ii, all 74 1
been paid to I
---
50 Dublin & Belfast June.' all 39 40
25
.Oun.,Perfh,&Ab. Juno. all 16 17
st Edinburgh & Glasgow. 100 984 0)1 Si
St Glasg. and S. Westers : 100 108 110
st Great Eastern, Ord. stk 100 51 22 sla 4
st Ditto A stock 1 100 451 491
St Ditto East A n,glian at' 100 5 7
st GreatNorthof Scotland ! 100
st Great Northern lOO 126 127
st Do A stock
st Do Bdo
st Gt. S. an.! W. of Ireland 100 100 102
St Great Western
at Do Str Val gua. stock 100
st Lancashi.'e & -Yorkshire 160 111 1111 1111 /
st Loudon and Blackwali 100 71 73 716
st Lon., Bright.,& S. Coast 100 1111 1121
st Lon., Chat., and Dover 100 431 44n
st Lon. & North Western 100 . 1026 103 1021 1
st Lon. dr Scr.th Western 100 1021 112 i 1011 1 1
st Man., Shef., & Lincoln. 100 45 16
50 Maryport and Carlisle. all
121 Do / shares.. all
st Metropolitan all 128 130
s L Midland
6.4.0 Do New
st Do MITITIDg. tt Derby 100 97 99
50 Mid. (Gt. W. of Ireland all
25 Do. 1 shares
25 Mid Kent
10 Do Cray Line
at North British
at Edin., Perth, & Dundee 100 26 28
at Nth. Eastern—Berwick 100 1011 102 1011
25 Do, G.N.E. purchase 16.13.4 —d 1 d
st Do Lecds lOO 571 581 s 8 7
at Do York
at Do Carlisle....
st North London
10 I 1)o New
19.16.4!N0rth Staffordshire
is N. and S. W. Junction all 11/ 111
at Scottish Central
at Scot N. E., Aber. stock 100 44 46 44
at DO Sect. Mid. stock lOO 100 102
10 Shrews. and Welchpool all
at Shropshire Union
at south Devon lOO 321 331 33}
at South Eastern
st South Wales
at 'S. York. and River Dun 100 98 100
20 Staines, Wok.,anclWok. all 94 101
25 Stockton & Darlington all 361 371 37
25 Do l7 86 90 e 251
25 Do New, 1860 8 74 71 p
at Taff Vale..
10 Do B 8 41 65,
10 Do C 3 21 31p
50 Ulster
25 Do
12.10 Do 5l
et Vale of Neath i 100 86 90
st Victoria ste. and Pins , 100 16) 170 163
at Waterford & Kilkenny 100
st West Cornwall 1100 26 28
at W. Hartlepool Har.&R lOO
st West Midland -Oxford 100
et Do Newport 100
st Do Hereford 100