The Sun.
London, England, 1865-08-11 00:00:00

MONEY MARKET

AN D
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

There has been less inquiry manifested by the
commercial community to obtain discount accom-
modation, owing partly to the strong position of
the Bank of England, as shown in the return given
below. Bankers and brokers, on the other hand,
are more disposed to take short-dated bankers'
acceptances at a fraction below the official mini-
mum.

The weekly return from the Rank of England
presents more satisfactory features than were anti-
cipated, as will be seen from the following par-
ticulars :

Active Circulation ...£22,022,130
Decrease 624,200
Bullion 14,223,390
Decrease 234,258
Rest 3,517,879
Increase 9,065
Public Deposits 5,264,739
Increase ••• •.• • 50,362
Other Deposits • • •••
14,688,181
Increase •. ••• ••• ••• 6,454
Seven Day and Other Bills ... 553,527
Decrease ••• ••• ••• ••• 8,900
Government Securities ... ... 10,384,209
No alteration.
Other Securities 21,341,857
Decrease 327,961
Notes Unemployed 5,972,930
Increase 365,455
The reduction of £272,000 in the bullion of the
Bank of France, and of £752,000 in the current
accounts, are the only unfavourable changes shown
in the return for this week. The notes in circula-
tion have been decreased £40,000, the advances on
stock £20,000, and the bills discounted £376,000.
An addition of £130,000 has been made to the
Treasury balance.
Mr. A. Cooper, of the firm of Cooper Brothers
and Co., has been appointed by the Master of the
Rolls official liquidator of the Chesterfield and Mid-
land Silkstone Colliery Company (Limited).
During the last few days there has been very
little animation exhibited in the markets for foreign
and colonial produce. Sugars in some instances
have been a shade cheaper, while only superior de-
scriptions of coffee have maintained previous rates.
Rice, tea, and cocoa have remained without any
change in values ; while there has been a fair busi-
ness recorded in tallow, and prices generally have
an upward tendency.

A special general meeting of the shareholders of
Reuter's Telegram Company will take place to-day,
for the purpose of confirming the following resolu-
tion, passed at the meeting of the 24th July, viz.:--
" That clause 77 in the articles of association be
altered by striking out the following words, com-
mencing on the 4th line of such clause, ' and the
Security of shares in the company.' " It is further
notified that, with the view of enabling the direc-
tors to meet the liability of the company, on Re-
count of the purchase-money, without calling up
further capital, the following resolution will at the
mine time be submitted to the shareholders :
" That the directors be at liberty to raise any sum
of money not exceeding £35,000 on the security of
the bonds or debentures of the company, with such
Powers or securities or any of them as are authorised
bY article 74 of the deed of association of the com-
pany."

The Belfast and Bangor Railway and Land Corn-
Pally require a capital of £1,000,000, the first issue
to be £600,000, in shares of £2O each. The asso-
ciation is formed to carry through a scheme which
embraces the possession of a line of railway start-
ing from the large manufacturing town of Belfast
to Bangor, via Holywood, having not only a large
and increasing suburban, but sea-side traffic, both
for permanent residences and excursions, also the
advantage of land with sea frontage fOr building
purposes. A portion of the railway, 4f miles (from
Belfast to Holywood) has been opened since
1848, and since the 18th of May last, by the open-
'l,llg of an additional 7} miles to Bangor, nearly
`0 per cent. on previous traffic has been gained, and
Without a very large increase of rolling-stock the
numbers seeking conveyance cannot be carried.
'he line, which is at present single, will therefore
a °lice be doubled, and ample rolling stock provided.
At
agreement has been entered into by which this
Z laPany will acquire not only the 12 miles of rail-
aLaY from Belfast, via Holywood, to Bangor, but
become the owners of very valuable building
:11(1 en the sea shore at Bangor, with a further
f',,ilatititY at Holywood, and the power of taking
rther elig
`tible sites. The shareholders in the rail-
may Company taking their shares at par in this cora-
-I,a
; and the vendors of the land above-mentioned
in w their confidence in the undertaking by accept-
ti2e whole of the purchase-money iu shares.
41.7‘'Inent contractors have gone over the works, and
prepared to enter into a contract to double the
444'411t0P151y all the necessary additional rolling-stock,
construct the esplanade, roads, hotel, baths,
C"ld;i_other public buildings, and pay to the ers •
n six per cent. on the paid-up ca
share-
three years from the Ist September, 1865.pital for

Two O'CLOCK.
It e4,lthe Paris Bourse this morning, according to
G7f. --or.:8 telegram, the 3 per Cent. Rentes were
°I e• Heavy and inanimate.
hpr.lier° aPPears, for the moment, to be greater de-
other in the English Stock Market than in any
recur department. Despite a more favourable Bank
t,`„tirn than was expected, and a purchase of
Consols
Reduced Annuities for the Sinking Fund,
r‘-orttsols have declined to 891 for money, and 891,
I the account. The New Threes and Reduced

Annuities are 89/ 1 ; Exchequer Bills, 2s. dis.;
India 5 per Cents., 1041 105. Bank Stock is 249.
Foreign Stocks are also very heavy. Turkish
Consolides are 49i 4 ; Mexican, ex all, 231 ; the
New Loan, 221 ; Greek Bonds, 208 i; Spanish
Passive, 281 8 ; Certificates, 131 8 ; Italian, 63/ s ;
and the Confederate Loan, 5 7.
In the American Market very little business is in
progress, and values are generally lower. United
States 5-20 Bonds are 671 ; Erie shares, 551
561 ; and Illinois, 76 I-.
The operations in the Railway Share Market has
been on a very moderate scale, and prices, in most
instances, are a shade flatter. Lancashire and York-
shire, and Brighton, have each declined 55., Metro-
politan 10s., North Western and North Eastern
(Berwick) each 155., and South Eastern £l.
The Foreign and Colonial lines show no mate-
rial alteration in prices.
The Bank and Miscellaneous shares have also
been a very limited inquiry. Consolidated Loan
have receded to 98 ; Imperial Ottoman to 151; and
Union of London to 53 ; Hudson Bay Company
are dealt in at 151 8 ; and Royal Mail Steam at
1141 4.

The following are the current quotations of some
of the principal new undertakings : —Hop and
Malt Exchange, 3 34 pm. ; Marseilles Extension
Railway and Laud Company (Limited), 14 2
prem. ; Northern Assam Tea, par 4 prem. ; Chubwa
Tea, par 4 prem. ; Wheal Penrose, 1 1 prem. ;
London Bridge Land, 1 pm. ; Albert Bridge,
1 1 prem. ; London Quays, dis. ; British
India Trust and Agency Corporation, 1 11 prem. ;
Massa Carrara Marble, 414 prem. ; Overend, Gur-
ney, and Company, 2k 24 prem. ; London Jute
Works, 1 14 prem. ; New issue of 50,000 Preference
Shares of £5 each of the Atlantic Telegraph Com-
pany, 3 241 dis. ; Downs Docks, 1 1k prem.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
8 per Cent. Consols
Do. Account, Sept. 7
o per Cent. Reduced B9 f 1 A
New 3 per Cent B9 i
WI
New 2i per Cent. Jan. 1894 —
5 •

Do. L Per Cent. Jan. 1873
Annuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth April, 1885
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 3 & 3i per Cent 2 dis
Do. £5OO 2 dis
Do. £lOO and £2OO • —
Bank of England Stock, 5i per Cent 249
Do Account : —
INDIAN GOVERNMENT SECURITIES.
Indian Stock, 101 per Cent., AprillB74 222
Do- Account
Do. 5 per Cent. July, 1870
Do. Account
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 51. per Cent., May 1879 —
Do. 4 per Cent., Aug. 1866 —
Do. Bonds, £l,OOO —
Do. under £l,OOO

FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent, 1859 —
Brazilian 5 per Cent
Do. 44 per Cent., 1852-58-60

41
DO. 1863
Buenos Ares 6 per Cent
Do 1 per Cent. (Deferred 3 per Cent.)
Chidian 6 per Cent
Do. 43 per Cent
Colombian 6 per Cent. —
Cuba, 6 per Cent.
Danish 3 per Cent., 1825 —
Do. 4 per Cent., 1863 —
Do. 5 per Cent., 1773-77, £25 paid —
Danubian Principalities
Do. Account
Do .£B6 paid
Equador Now Consolidated, 1 per Cont —
Do., Provisional Land Warrant —
Egyptian 7 per Cent —”
Do Second Issue 9B
Do £lOO Bonds

Do. 1864 941 3f
Do £lOO Bonds
Greek 5 per Cents., 1824-5, ox Coupons
Do Account
Do. Coupons —
Do. Account
Guatemala 5 per Cent. —
Do. 1839 and 1850 —
Italian 5 per Cent (Maremmana Railway)
Do 1865
Do Scrip, £671 paid — dis
Do 5 per Cent., 1864 —
Do. Scrip, £55 paid
Mexican 3 per Cent. —
Do. Account
Do 1864 --
Do 6 per Cent. Anglo-French
Do French Scrip, Ex. 25f 20c
Montevidean 6 per Cent., £3O paid
Moorish Imperial 5 per Cent
New Granada
Do 2 per Cent —
Do Deferred
Do Land Warrants (Hectares)
Peruvian 41 per Cent.
Do Scrip, £l5 paid, paid in Bonds dis
Do 3 per Cent. (Uribarren)
Do 41 per Cent., 1862
Do. Account
Portuguese 3 per Cent., 1853
Do Account
Do 3 per Cent., 1856, '7, '9, '6O, '62, '3,
''Do Account
Russian 5 per Cent., 1822, £ St.,
Do 41 per Cent., 1850

1860 -

Do 3 per Cont., 1859
Do 5 per Cent., 1862
Do 1864
Sardinian 5 per Cent —
Do. Account
Spanish 3 per Cent
Do Now Deferred —
Do Passive —
Do Account —
Spanish Cert. of Coup not funded
Do Account l3l
Swedish 4 per Cent. —
Do. 41 per Cent. 1864
Turkish 6 per Cent. 1854 —
Do Account 94
Do 6 per Cent. 1858 —
Do Account 75 11
Do £lOO Bonds 79
Do. 11 per Cent _
Do 6 per Cent. 1862
Do Account 721 31
Do £lOO Bonds 73f 4 31
Do 6 per Cent., 1863 —
Do 5 per Cent. 1865
Do Scrip, £35 paid
Do Guaranteed, 4 per Cent 991 100
Dividends on the above payable in London.
Austrian, 5 per Cent., Ex. 10 Florins
Belgian, 41 per cent., Ex. 25f.
Dutch 21 per Cont., Ex. 12 Guil —
Do. 4 per Cent. Certificates —
French Rotates, 41 per Cent. —
Do Account —
Italian S por Cent., 1861, Ex. 25f. —
Do. Account
THREE O'CLOCK.
Consols
Do. Account

Liverpool Cotton Market—This Day.

Sales, probably about 10,000 bales.

THE ATLANTIC CABLE AND THE CARRYING SHIP.
—Mr. W . H. Russell's account of the condition of the
Great Eastern, with her full freight and supply of coals
on board, is not flattering. The entire load is full twenty-
five thousand tons, and with that she is alarmingly deep in
the water, besides presenting the appearance of sagging
amidships. We do not know that these symptoms aro
mitigated by the repented delays in starting. By the Scotia
yesterday, whose news comes down to the 16th inst., we
have no assurance that up to that date the Great Eastern
had even loft the Nore. Before she could make Valentia
Bay, and get the cable spliced, we fear the end of the
month will be found rapidly approaching. And in spite of
the opinion of those who do the special touting for the
enterprise, we incline to the opinion that August is not the
best month for allorth Atlantic voyage, in which there shall
by a general absence of anything approaching to a storm.
With her present enormous load the Great Eastern would
probably be found as hard to manage as she has been on
other occasions. These facts may as well be borne in mind
be those who are sanguine of the immediate success of the
work.—New York Times, July 27.

THE STEAM RAM AGINCOURT.—L IVERPOOL,
Thursday.—The ironclad ram Agincourt, built for
her Majesty's service by Messrs. Laird, of Birkenhead, left
her moorings in one of the adjacent locks of the Great
Float to-day, and proceeded under steam, but convoyed by
the tugs Hercules and Storm King, to a prepared anchorage
in the Sloyne. The Agincourt, we believe, leaves the
Mersey before her time, and in consequence of some unex-
pected notice from'the Lords of the Admiralty. Her masts
have not been "stepped," and at present lie on the deck
secured, although it was intended when the Agincourt
did leave the Mersey that she would do so with every-
thing in its place on board. However, on Saturday next,

unless the Admiralty again change their mind, the Agin-
court will leave the Mersey for Portsmouth, a mere hull
with engines on board. Captain Poynter, R.N., is at pre-
sent in charge of the ship.
THE ROAD MURDER.—The Bath Chronicle of
yesterday says :—" We aro informed, upon what we believe
to bo good authority, that Constance Kent, while in prison,
wrote her own history, and addressed it to one of the lead-
ing magistrates of the county of Wilts. Tho MS. is said
to have contained the particulars of her previous life, her
relations with her stepmother, &c., and also an explanation
of the mode in which the committed the murder, namely,
with an old razor out of ono of her father's cases, which
she ground to a point, and made stiff by hammering the
rivet, having, before taking the child out of bed, gone and
opened the doors and windows."