The Sun.
London, England, 1865-07-08 00:00:00

NEY MARKET

AN !)

COXIIIERCIAL INTELLIGENCE.

TWELVE OCLOCK.
As was generally expected, the demand' for money
is very active owing to the large number of Indian
engagements which fall due to-day, but the supply
Of capital is rather abundant. The rate for the best
billr is 3 per cent., but exceptional operations hay
been recorded in fine short-dated paper at 21 per
cent.

There was a slight advance in the foreign ex-
changes yesterday afternoon.
About 130,000 sovereigns for the Brazils, and
5,000 for Alexandria, were withdrawn from the
Bank yesterday.
During the week the imports of specie have
amounted to £84,935, and the exports to £216,833.
A dividend of 5 per cent. has been declared by
the London and Southwark Insurance Corporation,
payable on August Ist.
The directors of the Union Bank of Australia
have resolved upon a dividend of £2 ss. per share,
being at the rate of 9 per cent for the half-year.
The share list of the Austin Consolidated Silver
Mines Company closes on Monday, July 17, for
London, and Wednesday, July 19, for the country.
The Hop and Malt Exchange and Warehouse
Company's share list closes on Wednesday next, the
12th inst.
The directors of the Dalbeattie and Kirkeonnell
Granite Company (Thames Embankment Works),
which has been very favourably received by the
investing public, announce that the list of applica-
tion for shares will be closed on Saturday next, the
15th inst., and for the country on the following
Tuesday, the 18th inst.
The report of the directors of the Imperial Mer-
cantile Credit Association has just been issued, from
Which it appears that, after discharging all expense
of the establishment, and providing for rebate of in-
s
tererest on loans and bills not yet matured, writing
off all losses and making ample provision for every
contingency, there remains for disposal the sum of
£103,975 is. Bd. This amount the directors recom-
mend to be appropriated as follows :—To dividend
of 10s. per share or 20 per cent. per annum, free of
Income. tax, £50,000 ; to Income-tax, £833 6s. Bd. to balance of profits unappropriated, £53,141 15s.
Tile operations of the amalgamated company have
Tnow extended over a period of thirteen months.
he amount of profits distributed in January last,
added to that now eibited, shows a total of
£153,975 Is. Bd. The directors consider they are
justified in congratulating the proprietors upon a
result which, bearing in mind the difficulties which
xlmost invariably attend new undertakings, and the
e ceptionally unfavourable condition of all mone-
tarY__ 4f/sirs during a considerable portion of the time,
,-4Einot be
for the regarded as otherwise than satisfactory
past and encouraging for the future.

------
Two o'CLocK.
tele
Reuter' At the e p aria Botirse this morning, according th
s
gram th 3 per Cent. Rentes were
66f. 97c. Letter.' e
A little business".
-"as been apparent to-day in the
market for the P
from or
of business.
—riglish Punqs,
The attendance has been
small, and a revival of speculative operations is not
arising principally
expected till after the General Election. Consols
for money have closed at 90i; and for the account,
901 a. Transactions have taken place in some of
the other securities, ai follows :—New Threes and
Reduced Annuities,
104 i
of En ,ditto Enfaced 5f ; Bank
prem. )
891 i ; India 5 per Cents.,
per Cents., 109 gland Stock 249 ; and Exchequer Bills, 4s.
Foreign Stocks have been very quiet and heavy.
Turkish 6 per Cents ,
solid6s, 49f I ; Alexi.can, 23-a -1, ; do. New, 22i 23i ;
1869, are 71?-i 723 do. Con-
Greek; 201 21; Spanish Passive, 291 i ;
tineates, 14i i ; Italian, 634 64 ; and Confederate
do. Cer-
Loan, 8 9.
be n l
In the Railway Share Market the dealings have
in-lited, and prices, with one
or two excep-