The Sun.
London, England, 1865-08-10 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

The directors of the Bank of England, after a
very long deliberation this morning, have announced
that the official minimum remains at 4 per cent.
The lengthened discussion of the managers as to
the propriety of a change, and the large number
of persons who anxiously awaited the result, will
sufficiently demonstrate the general expectation
that existed as to an upward movement being made
in the rate of discount. The demand for accommo-
dation during the early part of the morning was
rather active, but the brokers required the full
quotation of 4 per cent. for the best short dated
paper. The supply of capital afloat is abundant
for all the ordinary purposes of trade, and there is
little doubt, now that a change has not been deemed
necessary by the authorities, that bankers and
others will relax their terms.
The directors of the Agra and Masterman's Bank
have declared an ad interim dividend at the rate of
10 per cent. per annum (£1 ss. per share), with a
bonus of 15s. per share, being together equal to 16
Per cent. per annum, or £2 per share for the half-1
year ended 30th June last.

Negotiations have been opened in London with
regard to the intended new Brazilian loan of
£4,000,000.
The French Mexican steamer, just arrived at St.
Nazaire, has £lOO,OOO in dollars.

It is stated that an agreement has been concluded,
and a deposit of £30,000 paid, for the purchase of
the property of the Alexandra Park Company.

The Share List 'of the Menai Park and Hotel
Company (Limited) will close on the 16th instant.
The shares are quoted 11 4 prem.
The last week's railway receipts ascertained up
to this day are in round figures as under :

1865. 1864
Groat Western ... £75,990 £76,057
North Western ... 127,856 123,627
gouth-Western ... 30,004 30,881
13,-' •

-srighton 29,326 28,413
Aliand 52,326 51,307
South Eastern ... 31,652 30,498
Great Northern ... 40,302 37,076
Lancashire and Yorkshire 45,360 44,338
Bristol and Exeter ... 7,916 7,960
North Eastern 74,004 73,557
lianchestr -

••• •••
1 Lincol:

-aster Sheffield, and Lincoln 20,891 19,328
Great Eastern 36,682 36,393
These returns, when compared with those of the
corresponding period of last year, show some fa-
vourable features. On the North-Western there
is an increase of £4,229, on the Brighton of £913,
on the Midland of £1,029, on the South-Eastern of
£1,154, on the Great Northern of £3,226, on the
Lancashire and Yorkshire of £1,022, on the North-
Eastern of £447, on the Manchester, Sheffield, and
Lincoln of £1,563, and on the Great Eastern of
£289 ; while the Great Western exhibits a decrease
of £67, the South-Westeln of £877, and the Bristol
and Exeter of £44.

At the second ordinary general meeting to-day of
the shareholders of the London and Glasgow
Engineering and Iron Ship Building Company the
report stated that the accounts showed that, after

Payment of all current expenses, including interest
due on the balance of purchase money, reserving
£6,320 for depreciation of buildings, machinery,
&c., and writing off £l,OOO from preliminary ex-
penses, there remained, after deducting the interim
dividend at the rate of 6 per cent. per annum paid
in February last, a net balance of profit amounting
to £4,813 ss. 6d. This balance the directors
recommended should be appropriated as follows :
--Dividend of 6 per cent. pe: annum, and bonus
of ss. per share, being at the rate of nearly 10 per
cent., free of income tax, on the paid-up capital of
the company, £3,143; income tax, £52 7s. Bd. ;
leaving a balance of profit to be carried forward of
£1,617 17s. 10d.

Two O'CLOCK.

At the Paris Bourse this morning, according to
Reuter's telegram, the 3 per Cent. Rentes were
67f. 90c. Inanimate.

The English Stock Market has presented an ap-
pearance of inanimation, and even the announce-
ment that no alteration had been made in the rate
of discount, failed to cause any fluctuation. Busi-
ness is very dull, and Consols are heavy 89* 1 for
money, and " 894 for the account. The New
Threes and Reduced Annuities are 891 ; Annui-
ties, 1885, 14 13-16 ; Exchequer Bills, par to 2s.
and India 5 per Cents., 1044 105.
The dealings in the Foreign Stocks have been
few, and the changes that have occurred unimpor-
tant. Turkish Consolides are 49i a ; Mexican,
ex all, 23*1; the New Loan, 22* 4 ; Greek, 20/ -*;
Spaiah Passive, 281 ; Certificates, 131 ; Italian,
; and the Confederate Loan, 5 7.
4.4.ll.lerican Securities are dull and heavy. United
"tea 5-20 Bonds are 681 I ; Erie shares, 56+ 4 ;
and Illinois, 76,1 771.
11118i-fleas in the Railway Share Market has been
very dull, and prices generally show a further slight
depression. North Eastern (Berwick) have receded
1; Midland, 10s. ; Metropolitan, ss. ; and Great
Eastern and Great Western were each a shade
Ratter.
„isln the Foreign and Colonial lines there is little
-"ange of importance. Great Indian Peninsula
have declined 15s. ; while Great Luxembourg have
advanced ss.
dßank and Miscellaneous shares have remained
active, at steady rates. Union of London. are
tlt at 53* ; City Bank at 104* 105* ; Alliance
an k at 29 ; European at 100 i ; Credit Foncier
d Mobiler of England at 8* 1 ; Land Securities
at 31
; and Royal Mail Steam at 1144.
2
ofThefollowing are the current quotations of some
Is,/ thre Principal new undertakings :—llop and
preen t Exchange, 3 3* pm. ; Marseilles Extension
waY and Land Company (Limited), 14 2+
Le• ; Northern Assam Tea, par I prem. ; Chubwa
d par prem. • Wheal Penrose, I 1 prem. ;
1 14 13ridge I-And, pm. ; Albert Bridge,
14414 ~I',llll, ; London Quays, * dis. to par ; British
4 44 and Agency Corporation, 1 1 prem. ;

Massa Carrara Marble, 1 2 prem. ; Overend, Gu
ney, and Company, 21 2k prem. ; London Jute
Works, 1 1i prem. ; New issue of 50,000 Preference
Shares of £5 each of the Atlantic Telegraph Com-
pany, 2i 2/1 dis.

BRITISH FUNDS—ONE O'CLOCK.
GOVERNMENT FUNDS.
3 per Cent. Consols
Do. Account, Sept. 7
a per Cent. Reduced B9l
New 3 per Cent B9l 1
New 21 per Cent. Jan. 1894 —
Do. 5 per Cent. Jan. 1873 —
Annuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth AprilBBs l4 13-16
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 3 &- 31 per Cent par 2 dis 2 pm
Do. £5OO 2 pm
Do. £lOO and £2OO • —
Bank of England Stock, 51 per Cent 250
Do Account :
INDIAN GOVERNMENT SECURITIES.
Indian Stock, 101 per Cent., AprillB74 —
Do- Account
Do. 5 per Cent. July, 1870
Do. Account
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Enfaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. si. per Cent., May 1879 —
Do. 4 per Cent., Aug. 1866 —
Do. Bonds, £l,OOO —
Do. under £l,OOO —
FOREIGN FUNDS —ONE O'CLOCK.
Austrian Bonds, 5 per Cent, 1859 —
Brazilian 5 per Cent
Do. 41 per Cent., 1852-58-60
Do. 1863
Buenos Ayres 6 per Cent - —
Do 1 per Cent. (Deferred 3 per Cent.)
Chili= 6 per Cent —
Do. 41- per Cent
Colombian 6 per Cent. —
Cuba, 6 per Cent. —
Danish 8 per Cent., 1825 —
Do. 4 per Cent., 1863 —
Do. 5 per Cent., 1773-77, £25 paid
Danubian Principalities
Do. Account
D0.£86paid,...„ — .
Equador New Consolidated, 1 per Cent —
Do., Provisional Land Warrant —
Egyptian 7 per Cent 9Bl 8
Do., Second Issue
Do £lOO Bonds
Do. 1864 941 f
Do £lOO Bonds
Greek 5 per Cents., 1824-5, ex Coupons
Do Account 2Ol
Do. Coupons
Do. Account
Guatemala 5 per Cent.
Do. 1839 and 1850 —
Italian 5 per Cent (Maremmana. Railway) 701
Do 1865 -
Do Scrip, £671 paid — die
Do 5 per Cent., 1864 —
Do. Scrip, £55 paid
M exican 3 per Cent. —
Do. Account
Do 1864 221 f 1 • -
1)o 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 41 per Cent.
Do Scrip, £45 paid, paid in Bonds — dis
Do 3 per Cent. (Uribarren) —
Do If 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 41 per Cent., 1850
Do 1860
Do 3 per Cent., J 859
Do 5 per Cent., 1862
Do 1864
Sardinian 5 per Cent —
Do. Account
Spanish 3 per Cent
Do New Deferred —
Do Passive —
Do Account 2Bl
_Spanish Cert. of Coup not funded
Do Account
Swedish 4 per Cent. —
Do. 49 per Cent. 1864
Turkish 6 per Cent. 1854 —
Do Account —
Do 6 per Cent. 1858 —
Do Account 741
Do £lOO Bonds: BO
Do. 1 per Cent —
Do 6 per Cent. 1862
Do Account 74 31
Do £lOO Bonds 73f i
Do 6 per Cent., 1863 —
Do 5 per Cent. 1865 —
Do Scrip, £35 paid
Do Guaranteed, 4 per Cent —
Venezuela 3 per Cent.
Do. Account
Do. 6 per Cent, 1864 —
Do Account —
Dividends on the above payable in London.
Austrian, 5 per Cent., Ex. 10 Florins
Belgian, 41 per cent., Ex. 25f.
Dutch 24 per Cent., Ex. 12 Guil
Do. 4 per Cent. Certificates
French Routes, 44 per-Cent.

Do Account - - -
Italian C per Cent., 1861, Ex. 25f.
Do. Account —
TWO O'CLOCK.
Consols
Do. Account