The Sun.
London, England, 1863-11-04 00:00:00

ONE Y MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE o'CLoctc.
Pending the arrival of later intelligence from the
various money markets abroad, and the further ten-
dency of the specie movement at home, some slight
reserve is manifested iu discount circles in conse-
quence of the recent changes in the terms for ac-
commodation, the result of the weekly meeting of
the Bank Directors to-morrow afternoon will no doubt
be awaited with considerable interest. It is thought
that no further movement is likely to be made, but
While affairs are so unsettled it is natural that some
uncertainty should prevail. The inquiries to-day are
reported active, but they are readily supported at ö
per cent.

About £48,000 in bar gold and £33,000 sove-
reigns were withdrawn from the Bank yesterday.
The Poonah, which leaves to day with the Cal-
cutta and China mails, will carry £167,239.
In the foreign exchanges yesterday afternoon
there was a general slight upward movement.

The 31,gCialeca from the Brazils has brought
£25,573 in specie.

The prospectus has appeared of the Merchants'
Banking Company of London, which has a fixed
nominal capital of £2,000,000, and proposes to raise
for its first issue one-half of that sum by 10,000
shares of £lOO each. The directors are gentlemen
of large business connections, and their object
is to transact operations pertaining, as the
title of the company indicates, of merchant
bankers. Possessing ample and local know-
ledge of the several markets of Europe, the
managers intond to commence business at as
early a day as the preliminary arrange-
ments will permit. Advances are to be made on
the staple manufactures of this country under docu-
mentary bills, as consigned to the company's agents
abroad for periois necessary to realise the sale of
such goods. Costly establishments abroad are tobe
avoided,as the agencies of mercantite houses already
established and interested in the company's opera-
tions will undertake these duties.

The Metropolitan and Provincial Bank (Limited)
was on Monday admitted to the privileges of the
clearing-house. The various drafts which must
otherwise have been collected at the counters of the
several banks were thus more conveniently arranged.
Mr. C. H. Robarts has joined the board of the
London, Birmingham, and South Staffordshire
Bank.

Notice has been given that the share list of the
National Steam Navigation Company will be closed
on Saturday next, the 7th inst.

Two O'CLOCK.
The Stock Exchange Markets opened this morn-
ing with an exceedingly depressed appearance, and
it soon became evident that the decline in prices
had not yet ceased. Sales were effected of all de-
scriptions of stocks and shares, and the classes
recently selected as the favourite medium of spe-
culation were those which suffered most. A large
number of speculative accounts for the rise has now
been closed, and operations for a fall are now the order
of the day. As much eagerness is now shown to
sell securities as was evinced a short time ago to
complete purchases, the effect is seen in an extreme
degree of gloom and heaviness. Consols are 922 f, for
money and to-morrow, and 921 93 for the Dec. ac-
count. The New Threes and Reduced Annuities have
dropped to 938 4 ; Bank Stock is marked 234, 236 ;
and Exchequer Bills are very flat at 4s. die. to par.
Several transactions have taken place in India Stock;
the 5 per Cents. have been 108 f 109 k; the 4 per
Cents., 1004 ; Enfaced 5 per Cents., 106 4 ; and do.
61 per Cents, 115.

There is very little business in the Foreign Mar-
ket, and a further decline has taken place in prices.
Turkish 6 per Cents., 1854, are 921 31- ; do., 1862,
704 714,; do. Consolides, have receded to 478 488 ;
Mexican, to 391 391 ; Greek, to 21 1 ; do. Coupons,
to 124 131 ; Spanish Passive, to 331, 341 ; do. Cer-
tificates, to 12! 13 ; Portuguese, to 49ti ; the New
Scrip, to 1 d prem. ; and the Brazilian Lost is
I die.

Increased heaviness has prevailed in the Railway
Share Market owing to a preponderance of specu-
lative sales. Great Eastern, North Western, and
South Western have declined 103., and Caledonian,
Manchester, Sherneid, and Lincoln, and South
Eastern, 155., and Great Northern A Stock, £l.
In the Foreign and Colonial undertakings there is
very little change. Bank shares generally exhibit a
slight downward movement as regards values.
Alliance of London and Liverpool have receded to
441; Imperial Ottoman to 171; Union of Australia
realise 60.

In the Miscellaneous Market Egyptian Trad-
ing Company shares have declined to 31; General
Credit to 6 ; International Financial, 91 ;
India Land Mortgage Bank Shares are 21 I
prem.; Anglo-Austrian, par to I prem.; Imperial
Privileged Bank of Austria, die. to par; East
London Bank, 2i 3 prem. ; National Shipping
Company, 3:1 41 prom.; and Australian Credit,
1,1 2 prem.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock 236 4
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
India Stock, 1874 —
Ditto 5 pet Cent. 1870
Ditto 4 per Cent. 1838 ... 1001
Ditto Enfaced Paper, 4 per Cent ..
Ditto 5 per Cent ll6 1
Ditto 51 per Cent
Consols for Account, Oct. 8 921
Exchequer Bills, £l,OOO, 21 per Cent 4 dis par
Ditto £SOO
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent
Ditto, 1839 and 1859 lOO
Ditto Scrip, 1863, £l5 paid
Egyptian 7 per Cent — •
Ditto, Second Issue
Greek 6 per Cent., 1824-5, ex-Coupons —
Ditto Account
Ditto Coupons —
Mexican 3
toAeeper Cent ent
Ditto Account
Peruvian 3 per eetli. 4O 39/ 1 91 s 1 9
Ditto 4} per Cent 186 Y
Ditto Account., ~
Portuguese 3 per Cent .. . 18.g3 ... .86
Ditto 3 per Cent., 1866, '7, '9, 'GO, 62
Ditto Account ............. . -91
..
Spanish 3 per Cent
Ditto Passive
Ditto Account
Spanish Cert. of Coup not funded
Ditto Account l2l
Turkish 6 per Cent. 1854 —
Ditto Account 921
Ditto 6 per Cent. 1862
Ditto Account 7ll 701
Venezuela 3 per Cent.
Ditto Account
Ditto 6 per Cent., 1862
Ditto Account
Dutch Dividends on the above payable in London.
21 per Cent., Ex. 12 Guil 641
Ditto 4 per Cent. Certificates
Italian,
I)itto Account
Ditto 5 per Cent. 1863, £2l 4s 6d paid II pm
TWO O'CLOCK.
ditto'e°llgols Money
Ditto Account
December 921 93
L

Ilverpool Cotton Market—This Day.

prol7bitiet °Pens uiet at yesterday'e decline. Bales,
a-,Y, 1,000 o 5,000 bales.

-FATAL OCCURRENCE.—An inquiry into the cause
of the death of Daniel Ryder, aged 50 years, a badge
porter at Her Majesty's Theatre, Haymarket, was held
yester,lay morning
in the board-room of Charing-cross
I~ospital before Mr. Bedford, coroner. It appeared from
the evidence that on Thursday night the deceased had been
sent for a cab, and when near the theatre on his return he
fell forward against the wheel of a cab that was passing,
and he was thrown backwards with great force, his head
striking against the kerb. Ile was instantly removed to
Charing-cross Hospital, and died next day of congestion of
the brain, produced by the fall. A. verdict of accidental
death was returned.
ROYAL INSTITUTION OF GREAT BRITAIN. At the general monthly meeting on Monday, Nov.
2, Rev.
~
J. Barlow, M.A., F.R.S., vice-president
in the chair, Capt. Douglas Galton, R.A., F.R.S., Leonard Juques, Esq William Noble, Esq., the Hon. Josceline W. Percy, Allan
Roskell, Esq., and Win. Sterry, Esq., were elected mem-
bers of the Royal Institution. G. H. Shutt, Esq., was ad-
mitted a member of the Royal Institution. The presents
received since the last meeting were laid on the table, and
the thanks of the members returned for the same.