The Sun.
London, England, 1865-12-09 00:00:00

WEONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

In the discount market to-day the demand is
rather more active, and the rates show continued
firmness, 5i per cent. being the lowest quotation at
which the best three months' bills can be negotiated.
About £20,000 in sovereigns was sent into the
Bank of England yesterday, £300,000 was with-
drawn for Brazil, and £48,000 in bar gold for the
continent.

The National Provincial Bank of England have
made arrangements for the opening of branches at
Newcastle-upon-Tyne and Gateshead on Monday
next.

A prospectus has appeared for the conversion of
the old-established bank of Messrs. Charles Laffitte
and Co., of Paris, into a joint-stock association,
entitled " Charles Laffitte and Company." It is
proposed to extend the business to this country and
elsewhere, and upon an enlarged scale to carry on
operations connected with banking and mercantile
affairs. , Mr. Charles Laffitte is to be the chairman
of the company, and the capital required is
£3,000,000, the first issue to consist of half the
amount in shares of £2O each. The undertaking
has been favourably received, and the shares are
already quoted 2 premium.

The movements of the precious metals during the
past week have been on a less extensive scale as
regards the imports, which have only amounted to
£162,410. The exports, however, owing to remit-
tances to the Brazils and the Continent, have been
to the extent of £536,790.

Two O'CLOCK.
According to Reuter's telegram the 3 per Cent.
French Rentes were quoted at 68f. 80c. Flat.

United States Government 5-20 Bonds are 63! 4 ;
Erie, 57i 58 ; and Illinois, 81i 82.

All the Stock Exchange markets are dull and
depressed. Little speculation has taken place to-
day,. and very few investments are recorded in the
official lists. Consols have closed lower, viz., at
87i for transfer, and at 87i for the 9th prox.
Several transactions have been completed in the
New Threes and Reduced Annuities.

In the Foreign Stock Market there has been very
little animation. Turkish Consolides have im-
proved i to 47k 48 ; Greek Bonds,l to 16 k ; while
Spanish Passive have declined 1 to 27k I-, and the
Italian Loan, 1861, k to 64k /.
Bank and Miscellaneous Shares remain very quiet.
London Joint Stock are dealtin at 11/ ; Metro-
politan and Provincial, at 18+ ; Bank of Australia,
at 54k ; Hudson Bay Company, at 15k 16 and
Overend Gurney, and Co., at 21k j ; Atlantic and
Great Western Railway Consolidated Bonds are
quoted 1 prem. ; Colonial Company, /11 prem. ;
Bank of Turkey 1} 2 prem. ; Convention Bonds
London Bank of Mexico, 65 70 ; Commercial Com-
pany of Africa, / 11 prem. ; the Credit Foncier
and Mobilier of England (old) shares, 3f 3f prem. ;
ex all and the new issue, 3f 3f prem. ; the St.
Saviour's Wharf Company (Limited) shares, 1 1i
prem. ; the London Steam Towing Company, 3/ 11
Prem. ; the American Oil Wells Trading Company,
1 dis. par; Charles Laffitte and Co., 1k 2 prem.
Business in the Railway Share Market has been.
Very dull, and a further decline has taken place in
Prices. Brighton have receded 155., and Great
Eastern 10s.,and Great Western and Metropolitan
each ss.

The Foreign and Col onial lines are flat at
barely former rates.