The Sun.
London, England, 1865-07-13 00:00:00

ONEY MARKET

AND

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK,

The Money Market continues in active condition,
and the quotations for the best bills remain at 2i
and 3 per cent. The authorities of the Bank, who
are also transacting a rather large business, have
not deemed it necessary this morning to make any
alteration in their official minimum.

Overend, Gurney, and Co. (Limited) is the title
of one of the most important companies introduced
to the investing public. The name of the firm
whose business and connections it is proposed to
convert into an associated enterprise on the all-
prevailing liability principle is so well known that
any reference to its origin and progress is altogether
unnecessary. Messrs. Overend, Gurney, and Co.,
for half a century or more, have held the highest
position amongst discounters, and the corporation
now proposed will have the experience and ability
of Messrs. Henry Edward Gurney, John Henry
Gurney, Robert Birkbeck, Henry Ford Barclay,
and others whose monetary connections are exten-
sive. The capital is set down at £5,000,000, in
chares of £5O each, and the terms on which the
goodwill of this old-established business are to be
transferred appear to be of an exceedingly moderate
amount. The bankers comprise the Bank of Eng-
land, and Messrs. Barclay, Bevan, Tritton, Twells,
and Co. The shares are quoted 2 to 3 premium
and the,:applications are very numerous.

Two o'Cincz.
At the Paris Bourse this morning, according to
Reuter's telegram, the 3 per Cent. Rentes were
67f. 40c.
In the English Stock Market business has been
dull, and prices have been very depressed. The
Funds show a decline of *, Consols being now
quoted 898 90 for money, and 90 * for the account.
The New Threes and seduced Annuities are 891 1;
Annuities, 1885, 141 ; Exchequer Bills, is. to ss.
prem. ; India 5 per Cents., 1041 ; and Enfaced
5 per Cents., 1021. me
The Foreign Market has also been very inactive,
and values show a declining tendency. Turkish
Consolides have declined I o 49/ ; Mexican,
to 24 1 ; the New Loan to 23/ ; Greek Bonds
remain at 204 21; Spanish Passive at 291 ; Certi-
ficates at 144 ; Italian, 638 64* ; and the Con-
federate Loan, 8 9. American Securities are very
heavy. United States 5-20 Bonds are 711 8;
Erie shares, 52 1 ; and Illinois, 864 .1.
Business in the Railway Share Market has re-
mained very dull, the dealers and speculators
being engaged with the settlement. Prices
generally show rather less firmness. Great Westerns
have receded 155., and Metropolitan ss.
In the Foreign and Colonial undertakings there I
is no material alterations.
Bank and Miscellaneous Shares continue very
dull. Alliance are dealt in at 30* I ; Oriental, at
53 ; International Financial, at 61; and Telegraph
Construction and Maintenance, at 124-.
Subjoined are the current quotations of some of
the principal new undertakings :—New Issue of
50,000 Preference Shares of £5 each of the Atlantic
Telegraph Company, 1 f pm. ; .Northern Assam
Tea, par f pm. ; Chubwa Tea, / 1 pm. ; Rus-
sian Iron, 9 10 pm. ; London Bridge Land, + 1
pm. ; Albert Bridge, 1 1/ pm. ; Grange Town
Iron, 0 0 pm. ; Downs Dock, f 1 pm. ; London,
Greenwich, and Windsor Hotels, 11 2 pm. ; London
Quays, par f pm. ; British India and Trust Agency,
1 11 pm. ; Belgrave Mansions, par f .pm. ; Metro-
polis Sewage, 11 2 pm. ; Peruvian Railways, 3 3f
; Lion Brewery, 31 f pm. ; Blakeley Ordnance,
34 34 pm. ; Hop and Malt Exchange, 11 2 pm. ;
Barned's Banking, 1 1 pm. ; Dalbeattie and Kirk-
coanell Granite, 28 1 pm. ; East London Railway
_Scrip, par 1 pm. ; London and Mediterranean
Bank, 31 4 pm. The applications for the shares of
Overend, Gurney, and Company (Limited), have
been very numerous, and the quotation is 2/ 21 pm

BRITISH FUNDS—ONE O'CLOCK.
.. GOVERNMENT FUNDS.
0 Der Cent. Consols
Do. Account, Aug. 8 9Ol
6.,,Yer Cent. Reduced B9l I -mew 3 per Cent' B9 i New 2} per Cent. Jan. 1894
Do. 5 per Cent. Jan. 1873
Annuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth AprilBBs l4l
Do for
Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 31 per Cont 4 1
Do. £5OO 5
Do. £lOO and £2O
0
Bank of England Stock, 51 per Cent
Do Account
INDIAN GOVERNMENT SECURITIES.
Indian Stock, loi per Cent., AprlllB7l 2l4}
Do, Account
Do. 5 per Cent. July, 1870
Do. Account
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Enlaced 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
FOREICN FI7NDS —ONE O'CLOCK.
Austrian Bonds, 5 per Cent
Brazilian 5 per Cent
Do. 41- per Cent., 1852-58-60
Do. 1863
Buenos Ayres 6 per Cent
Do I per Cent. (Deferred 3 per Cent.)
Chilian 6 per Cent —
Do. 4} 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£B6paid
Equador New Consolidated, 1 per Cent —
Do., Provisional Land Warrant
Egyptian 7 per Cent
Do., Second Issue 971
Do £lOO Bonds 9B
Do. 1864 94 1
DO £lOO Bonds
Creek 5 per Cents., 1824-5, ex 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
24}
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. 4 per Cent.
Do Scrip, £45 paid, paid in Bowls — dis
Do 3 per Cent. (Uribarren) —
Do 4i per Cent., 1862
Do. Account
Portuguese 3 per Cent., 1853
Do Account —
Do 3 per Cent, 1856, '7, '9, '6O, '62, '3,
Do Account . —
Bussian 5 per Cont., 1822, £ St.,
Do 4 per Cent., 1850
Do lB6O
Do 3 per Cent., 1859
Do
Do 5 per Cent., 1862
1864
Sardinian 5 per Cent —
Do- Account
Spanish 3 per Cent —
Do Account —
Do New Deferred —
Do Passive
S 130 Account
*Danish Cert. of Coup not funded l4l
Do Account —
Swedish 4 p
er Cent.
Do. 4/ per Cent. 1864
Turkish 6 pernt Cent. 1854 —
Do Account
931
Do 6 per Cent. 1858
Do Account 731
Do £lOO Bonds
I,ll°. li per Cent
-`-'0 6 per Cent. 1862
Do A.ccount 721
Do £lOO Bonds 721 2
Do Account
Do 5 per Cent. 1865
D° Scrip, £2O paid - dis
Do Guaranteed, 4 per Cent —
Venezuela. 3 r Cent. —
Do, 6 per r
r, lent, 1862
..-'0 --
6 per Cent, 1864 4l}
Dividends on the above payable in London.
Austrian; 5 per Cent., Ex. 10 Florins
Bolgian, 4 per sent., Ex. 25f. Dutch 21 per Oent., .Ex. 12 Guil
Do. 4 per Cent. Certificates —

004801 s TWO O'CLOCK.
DO. Account
90