The Sun.
London, England, 1865-04-12 00:00:00

IVIONEY MARKET

ANF,

COIUMERCIAL INTELLIGENCE,

CITY, TWELVE o'CLocK.
The demand for discount accommodation at the
Bank of England, and in the open market, continues
exceedingly small ; and as the supplies of floating
capital are excessive, the rates are very easy.
There were no bullion operations at the Bank
yesterday.
The foreign exchanges yesterday afternoon ex-
hibited a slight downward tendency in some in-
stances.

The drafts drawn by some of the branches of the
London and Scottish Bank (Limited) upon the
head office in London have been returned, with the
reply that they were unable to meet them at pre-
sent. The bank was established in October last,
and has a paid-up capital of only £25,000.

Two O'CLOCK.

At Paris, this day, according to Mr. Reuter's
telegram, the French 3 per Cent. Rentes were 67f.
82c.

A slight degree of heaviness is now apparent in
the markets for stocks and shares, but this is chiefly
due to the realisation of profits, and thereby to
-close accounts for the Easter holidays. Specula-
tion is quieter, and there are comparatively few in-
vestments. Sales having been effected to a small
extent, Consols have receded * per cent., say to 91 *
for transfer to 91* 1 for the 9th proximo. The
necessary arrangements for the liquidation of the
account in the Foreign and Share markets consti-
tute the principal business of the day.
In the Foreign Market a firmer tone has been
apparent, but prices have not varied materially.
Turkish 6 per Cents., 1862, are 74i 75 ; do. Con-
-B°lide.s, 544 55 ; Mexican, 278 ; do. Ne w, 261 8 ;
Greek, 211 ; Spanish Passive,. 321 ; do. Certi-
ficates, 171 ; Portuguese, 48* 8 ; Russian, 941 ;
and Confederate Loan, 29 31.
Business in the Railway Share Market has been
moderately active. The settlement of the account,
however, has occupied the chief attention of the
dealers and speculators, and prices have been ex-
ceedingly firm. Great Eastern and South-Eastern
have each improved ss. ; Brighton, South-Western,
and North-Eastern (Berwick), each 10s. ; and Great
Northern (A Stock), £l.
The Foreign and Colonial lines remain inactive,
at about previous rates.
Bank and Miscellaneous Shares are quiet, and
Prices exhibit little change of importance. Union
of London are marked 54k ; City of Milan Im-
Provenients, 111.12 ; Crystal Palace • Stock, 37 * ;
Electric Telegraph, 116.
The following are the current quotations of some
of the principal new undertakings :---Saloon Steam-
Packet Company, -1 prem.; Anglo-Egyptian Navi-
gation, 18 2 prem.; Rio de Janeiro Gas, 1 1} prem.;
South African Land, 1 1i prem.; Russian (Vyk-
sounsky) Ironworks, 2 1 prem.; Millwall Freehold
Laud and Stocks, par.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
a per Cent. Consols
Do. Account, May 9 9ll 1 4
Nper Cent. Reduced B9l 1 4
ew 3 per Cent B9* 1
4.
New 24 per Cent. Jan. 1894 —
Do. 5 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, 4 per Cent
Do. £5OO 3 6
Do. £lOO and £2OO
Bank of England Stock, 51 per Cent 2404 2
Do Account
INDIAN GOVERNMENT SECURITIES.
Indian Stock, 104 per Cent., AprillB74 —
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. 54 per Cent., May 1879 —
Do. 4 per Cent., Aug. 1866
Do. Bonds, £l,000
-Do. under £l,OOO , —
' FOREIGN FUNDS—CLOSING PRICES.
Arazilia ustrian Bonds, 5 per Cent
Bn 5
per Cent
Do. 41 per Cent 1852-58-60 -
-,
Do 1863
Buenos A.yres 6 per Cent —
0,9,? I Per Cent. (Deferred 3 per Cent ) —'
uulan, 6 per Cent —
„0"0. 44 per Cent
u lotnbian 6 laer Cent. Bot
Cuba, 6 per Cent.
E 0.5 per Cent 1864 —
I.l_ e• Scrip, £55” paid
--''2,aisli 3 per Cent., 1825
Do' -Jer Cent., 1863 —
Da, ' ! Per Cent., 1773-77, £25 paid —
Do
übutu Principalities
quad
p6_paid 844 6 54
Illakto. or New Consolidated, 1 per Cent 124
..,1) „Provisional Land Warrant —
zgyptian 7 pelssue 97 6
Do. Second Do £lOO Bonds —
Do.
, Do R • 1864 95 444
_ , Scrip, £sb Grr ' ." paid .-

...eek - • - pi.
5 per Cents , 1824-5, ex Coupons
Do Account . (hatoulala 5 per 914
Cent
I Do. 1839 and 1850 —
tftliao SDo 1865
per Cent (Ilaremmana Railway)
, Do Scrip, £421 paid — dis
au scan 3 per Cent27*
Do. Account
27
De. 1864 26i -1,-
Do 6 per Cent. Anglo-French —Do French' crip, Ex. 25f 20c —
at„oo •
Montevidean 6 per Cent., £3O paid
New rish
Granada per
5 per Cent
Do 2 per Cent
Do Deferred
Pe
Do Land Warrants (Hectares) —
•
ruvtan 4* per Cent.
Do 3 per Cent. (Uribarren) —
111:21° 411 per Cent., 1862
h -Jo. Account
4-ortaguese 3 per Cent., 1853
Do Account —
Do
3 per Cent, 1856, '7, '9, '6O, '62, '3, 48*
48f i
Account
Russian 5 per Cent., 1822, £ St.,
Do 4* per Cent., 1850
Do 3 1860
per Cent , 1859
Dos per Cent., 1862
1
Sardinian 5 per CentB64 —
Do. Account
Spanish 3 per Cent
Do Account
Do New Deferred
Do Account 4ll 2
Do Passive
32
Do Account
32
Spanish Cert. of Coup not funded l7
Do Account
_ -

Swedish 4 per Cent.
Do. 44 per Cent. 1864
Turkish. 6 per Cent. 1854
Do Account 904
Do 6 per Cent. 1858
Do Account 72;
Do £lOO Bonds ,
Do 6 per Cent. 1862
1
Do Account 75 4j
Do. £lOO Bonds 754 4f 1
Do 6 per Cent. 1863 —
Do Guaranteed, 4 per Cent lOO
1 enezuela 3 per Cent. —
Do. Account
Do. 6 per Cent, 1862 —
Do. Account
Do 6 per Cent., 1864 —
Do. 14 per Cent —
Dividends on the above payable in London.
A-ustrian, 5 per Cent., Ex. 10 Florins
Be.lgian, 44 per cent., Ex. 25f.
Dutch 24 per Cent., Ex. 12 Guil —
Do. 4Ter Cent. Certill.o.ces 964
French Rentes' 3 per Cent.
Do. Account
Italian 5 per Cont., 1861, Ex. 25f.
Do. Account
Do. Coupons

THREE O'CLOCK.
Co'nsols, Money
Do. Account
911 1 _

Liverpool Cotton Market—This Day.

Market quiet. Sales, 3,000 or 4,000 bales,
at drooping prices.

A FRENCH REMINISCENCE OF MR. COBDEN.—
• Louis Jourdan writes as follows, in yesterday's
&Vele, upon the late Mr. Cobden :—" When the state of his
health compelled him to pass the winter in Algeria I often
saw him ; our dwellings were close together. In our con-
N'ersations I was much struck with a contradiction which
blade him smile. This citizen of the world, this pacific
cosmopolitan who would have liked to see all nations give
beach other the kiss of peace, was an Englishman to the
oackb°l3.o. 'Why,' I said to him, 'do you not exhort your
4-r4lltry to give a generous example to the world by dis-
niecling instead of expending millions upon useless arma-
tr ?' Upon this point Mr. Cobden would have no
.Ing• so, no,' he replied, ' when you build one ironclad
61and must build three, an. d as a member of Parliament
I will always vote the millions necessary to maintain this
vt°l3ortion.'