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

MONEY 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. En-
gland, and Messrs. Barclay, Bevan, Tritton, Twells,
and Co. The shares are quoted 2 to 3 premium,
and the:applications are very numerous.

Two O'CLOCK.

At the Paris Bourse this morning, according to
Reuter's telegram; the 3 per Cent. Renters were
67f. 40c.

Ilk the English Stock Market business has been
dull, and prices have been very depressed. The
Funds show a decline of 1, Consols being now
quoted 891 90 for money, and 90 1 for the account.
The New Threes and Reduced Annuities are 891 ;
Annuities, 1885, 141 ; Exchequer Bills, is. to ss.
prem. ; India 5 per Cents., 1041 f ; and Enfaced
5 per Cents., 102/.
NI
The Foreign Market has also been very inactive,
and values show a declining tendency. Turkish
Consolides have declined lo 491 ; Mexican,
to 24 1; the New Loan to 231 ; Greek Bonds
remain at 204 21; Spanish Passive at 291; Certi-
ficates at ,141 ; Italian, 631 641 ; and the Con-
federate Loan, 89. American Securities are very
heavy. United States 5-20 Bonds are 711 1;
Erie shares, 52 1 ; and Illinois, 861 I.
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
Is no material alterations.

Bank and Miscellaneous Shares continue very
dull. Alliance are dealt in at 30*1 ; Oriental, at
53 ; International Financial, at 61 ; and Telegraph
Construction and Maintenance, at 121.
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 1 pm. ; Northern Assam
Tea, par pm. ; Chubwa Tea, 1 / pm. ; Rus-
sian Iron, 9 10 pm. ; London Bridge Land, 1 /
Pm• ; Albert Bridge, 1 11 pm. ; Grange Town
Iron, 0 0 pm. ; Downs Dock, 1 1 pm. ; London,
Greenwich, and Windsor Hotels, 11 2 pm. ; London
Quays, par *- pm. ; British India and Trust Agency,
1 1k pm. ; Belgrave Mansions, par 1 pm. ; Metro-
Polls Sewage, 1/ 2 pm. ; Peruvian Railways, 3 31
Pm. ; Lion Brewery, 31 a pm. ; Blakeley Ordnance,
31 3i- pm. ; Hop and Malt Exchange, 11 2 pm. ;
Darned's Banking, / 1 pm. ; Dalbeattie and Kirk-
connell Granite, 2k -a pm. ; East London Railway
Scrip, par k 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 21 2/ pm.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
8 Der Cent. Consols
Do. Account, Aug. 8 9O-k 90
6 per Cent. Reduced B9l 1 Ili
Newl`leNv 3 per Cent'
iii
21 per Cent. Jan. 1894 —
Do. 5 per Cent. Jan. 1873 —
Annuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth AprillBBs l4l
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 31 per Cent.
Do. £5OO 5
Do. £lOO n
Bank of En land
and Stock ad £2OO
Do Accoun ,51 per Cent 247f
iIiDIAN GOVERNMENT SECURITIES.
Indian Stock, 103 per Cent., AprillB74 2141
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. 5/ per Cent., May 1879
Do. Bonds, £l,OOO
Do. under £l,OOO
FOREIGN FUNDS—CLOSING PRICES.
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. 41 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 4 —
Eqya,dor New Consolidated, 1 per Cent —
Do., Provisional Land Warrant
Egyptian 7 per Cent
Do., Second Issue 973
Do'Xloo Bonds 9B
Do. 1864 94 1 31 41
Do £lOO Bonds
Creek 5 per Cents., 1824-5, ex Coupons 201
Do Account
Do. Coupons
Do. Account —
Ouatemala 5 per Cent. —
Do. 1839 and 1850
Italian 5 per Cent (Maremmana Railway)
Do 1865
Do Scrip, £671 paid — die
Do 5 per Cent., 1864
Do. Scrip, £55 paid
Id exican 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 43 per Cent. —
Do Scrip, £45 paid, paid in Bonds — dis
Do 3 per Cent. (Uribarren) —
Do li 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
411. per Cent., 1850
Do 1860
Do 3 per Cent., 1859
Do 5 per Cent., 1862
D 01864
Sardinian 5 per Cent • —
Do. Account
BPanish 3 per Cent
Do Account —
Do New Deferred —
Do Passive
Do Account —
Spanish Cert. of Coup not funded l4l
Do Account —
Swedish 4 per Cent. —
Do. 41- per Cent. 1864
Turkish 6 per Cent. 1854 931 41
Do Account ' —
Do 6 per Cent. 1858
Do Account 73a 1
Do £lOO Bonds
Do. 11 per Cent
Do 6 per Cent. 1862
Do Account 721
Do £lOO Bonds 721 2
Do Account
Do 5 per Cent. 1865
Do Scrip, £2O paid
Do Guaranteed, 4 per Cent —
Venezuela 3 per Cent. —
Do. 6 per Cent, 1862 —
Do 6 per Cent., 1864 4ll
Dividends on the above payable in London.
Austrian, 5 per Cent., Ex. 10 Florins
Belgian, 41 per-cent., Ex. 25f.
Do. 4 per Cent. Certificates —

Consols THREE O'CLOCK.
•
Do. Account
90