The Sun.
London, England, 1865-06-19 00:00:00

MONEY MARKET

AN
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

The Chubwa Tea Company of Assam has been
projected with the view of purchasing, working, and
developing several extensive tea estates, comprising
16,000 acres, in British India. The land is well
situated for the cultivation of the plant, labour is
sufficiently plentiful, and the prospectus states that
ample facilities exist for the transmission of the
crops to market. A minimum dividend of 10 per
Cent. is guaranteed for three years. The purchase
Money has been fixed at £168,500, payable by in-
stalments extending over a period of five years.
The capital required is £300,000 in £lO shares,
20,000 of which are to be first issued.

Two O'CLOCK.

At the Paris Bourse this morning, according to
Reuter's telegram, the 3 per Cent. Reutes were
661. 37c.

The Stock Exchange markets, with the exception
of the English, continue to show steadiness in prices.
Business has not been very active, and a decline of
has been reported in the funds. Consols for
money are 901 4, and for the account 901 1. The
New Threes and Reduced Annuities are 891 1 ;
Annuities, 1865, 14 1-16 ; Exchequer Bills, 2s. to
55. prem..; and India 5 per Cents., 1041.
Buoyancy is the principal feature in the Foreign
Market, which is active. Turkish 6 per Cents.
(1862) are 741 75 ; ditto Consolides, 501 ; Mexi-
can, 251 1 ; Spanish Passive, 301 4 ; ditto Certifi-
cates, 151 s ; Italian, 654 66 ; and Confederate
Loan, 6 7.
Business in the Railway Share market has con-
tinued rather dull, and prices have generally ex-
hibited less firmness. Manchester, Sheffield, and
London, Metropolitan, do. District Extension, and
North Eastern (Berwick) have" each receded 15s. ;
Great Western, Lancashire and Yorkshire, and
North Western each 10s. ; and Great Eastern, ss.
The Foreign and Colonial lines remain dull, at
about previous rates.
Bank and Miscellaneous shares, in most instances,
are a shade flatter.
Subjoined are the current quotations of some
c't the principal new projects :—West Loudon
Freehold Ground Rent Association, 11 2 prem. ;
Peruvian Railway, 21 3 prem.; Lion Brewery
Company, 11 2 prem. ; London Merchants, 4 41
Preen. ; Waterloo and Whitehall Railway, 1k 14
Preen.; East London Railway Scrip, 3 31 prem. ; do.
paid up, 4 4i prem. ; London and Mediterranean
bank, 3 31 prem. ; A Stock Metropolitan Exten-
81°4 Railway, London, Chatham, and Dover,
62 64 ; Imperial Ottoman 5 per Cent. Loan,
2.14 dis. ; Northern Assam Tea, par 1 pre -
111„41111 ; Russian Iron Works, 7 8 prem. ; Downs
'Jocks, 12 111 prem. ; and Phosphate of Lime Com-
pany, 11 '2 prem.

BRITISH FUNDS—ONE O'CLOCK.
GOVERNMENT FUNDS.
" per Cent. Consols
Do. Account, June 6
Neer Cent. Reduced B9l
)„w 3 per Cent B9l
"V 22 per Cent. Jan. 1894 —
A Do. 5 per Cent. Jan. 1873 —
Almuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth AprillBBs l4 1-16
1., b 0 (Red Sea Telegraph), Aug., 1908 —
..Xchequer Bills, £l,OOO, 3 & 31 per Cent
Do. £5OO 2 5 pm
A -Do. £lOO and £2OO
"a,silk• of England Stock, 51 per Cent 245
14,0 Account
Indian
GOVERNMENT SECURITIES.
',wall Stock, 101 per Cent., April 1874 shut
D 0 Account
0.5 per Cent. July, 1870
0. Account
).,0. 4 per Cent., Oct. 1888
D0..1'0. Certificates —
Enfaced Paper 4 per Cent —
Do 5 per Cent., Jan. 1872
D 0• 5i per Cent., May 1879 —
D°•
4 per Cent., Aug. 1866 —
,-uo. Bonds, £l,OOO —
°•' Under £l,OOO
4.115,_. FOREIGN FUNDS—ONE O'CLOCK.
b than Bonds, 5 per Cent
rr,4zilian 5 per Cent —
4-,e. 4i per Cent., 1852-58-60
11 1)0. 1863
tiales Ayres 6 per Cent ____
b • Account
ehii? 1 per Cent. (Deferred 3 per Cent.)
13'40 6 per Cent —
001°. 41 per Cent —
041433Mbian 6 per Cent. —
ba, 6 per Cent.
lA° 3 per Cent., 1864 —
ba."9. Scrip £55
Cent., paid
bitlsh 3 per t., 18,25
13,,,• 4 per Cent., 1863
1) °. 5 per Cent., 1773-77, £25 paid —
ahlaubian Principalities
.I.;o"„°.CB6paid —
'il'acler New Consolidated, 1 per Cent —
t,,,,,'"° Provisional Land Warrant —
"ti,Pdan 7 per Cent
b 0 £lOO
Second Issue —
Bonds
D Do. 1864 941 I i
ti, 0 £lOO Bonds
JeDek 5 per Cents., 1824-5, ex Coupons
b° Account —
b°. Coupons
(i„„?. Account
Ternala 5 per Cent. —
14.16°' 1839 and 1850 —
-4
b
per Cent (Maremmana Railway)
1865
kieZBerip, £671 paid — dis
b -44 3 per Cent.
°. Account
1.)0 I)° 1864
b° Per Per Cent. Anglo-French
tio ° French Scrip, Ex. 25f 20c —
1. lite •
noori Vli dean 6 per Cent., £3O paid
'IN. I'Q Imperial 5 per Cent
t Granada —
b 2 Per Cent —
0)
Deferred 0...4
teru Land Warrants (Hectares)
1),":0 41 per Cent.
Do 1), £45 paid, paid in Bonds — dis
Do s'Yer Cent. (Uribarren)
crt, Per Cent., 1862
bognese 3 per Cent., 1853
Do :I.ceeunt —
ko - Per Cent 1856, '7, '9, '6O, '62, '3,
4,4. Account "
tto, 5 ,
+Jo d per Gent., 1822, £ St.,
1)0 '1 Per Cent., 1850
Do 1860
1)0 " Per Cent., 1859
14 Do
ltd„. 6 Per Cent., 1862
Dar
1864
13-41 all 5 Cent g,v nigh
coun Pe
t r
-
Do 3 Per Cent —
o Kecount —
bo New
Deferred —
pe keount 41
L'uo A' sive
,ilish co, lint 3ok k
uo A Uert. of Coup not funded —
g*ecliZe2unt
1,1)0. 4,1 per Cent.
4,lltiq yer Cent. 1864
O.A ," Per Cent 1854
„o c-e°llnt '
.00
,kl!,er Cent. 1858
"0 6 ..,'"unt
I\u° Aotj.se...r cent. 1862
"0 tielint
bt Pie° 13ends
17,D0° q."'erilDr,tto 1865
,1
21 dis
el)llZ4elll4raBnteed,4 per Cent —
Do
6 per Per Cent.
10.4 Cent 1862 —
13°, 6 epeecsrunn t ' 3Bl
0. i -eut., 1864 4ll / I
44 tiler cent
A tri 'vide
~-e1,.;441, 5 rids on the above payable in London.
•uop.tin, 4, Per Cent. Ex. 10 Florins
,et, „, z per
cent.,'._
1,
boh per c_ Ex. 25f.
' A.l3' 4 hoo„ eut., Ex. 12 Guil —
631
tbgeli tiz- 'eut• Certificates
1) o A tites 43 -
'4ll • ."Ceo , per Cent. )),!,,n 5 pernnt
Acee,leent., 1861, Ex. 25f.
IA

Coh
gaols;

TWO O'CLOCK.
...
4kee0...4..t 000000000000000000 901
1
000000000000000000000000
tttttt 904,

The prospectus has appeared of the London
Merchants' Company, with a capital of £1,500,000,
in shares of £lOO each. It is formed for the amal-
gamation and extension of the businesses of Messrs.
Robinson and Fleming, Redfern, Alexander, and Co.,
and Lane, llankey, and Co. The basis of the arrange-
ment is as follows, viz. :—The liabilities of each
house to be liquidated independently of the com-
pany, except where any such may hereafter be
agreed to be taken over by the board as new and
desirable business. The partners are not to enter
into any fresh mercantile operations in England for
ten years ; and the completeness of the transfer with
the efficient management of each particular class of
business is insured by the leading members of the
three firms joining the board. The total goodwill'
of the amalgamated firms will be taken one-third in
shares with £5O paid, and two-thirds in debentures
over ten years ; thus identifying the interests of the
Vendors with that of the company. The undertak-
lug has been received with great favour on the
Stock Exchange, and the shares are quoted 31 4
prem.

PREFERENCE SHARES
Lancaster and Carlisle 4i per cent. pl., 101 i
PREFERENCE SHARES AND STOCKS.
Great Eastern 44 per cent. pr., 90
London, Chatham, ac., Metrop. 11;xt., B 6 per cent., 1001

LINES LEASED AT FIXED RENTALS.
Lancaster and Carlisle, 2:6

FOREIGN RAIL WAYS.
Bahia and San Francisco tli,n.l auk 7 per °eat, 13i
Namur and Liege, gua. 6 per cent. pf., 191
Paris, Lyons, and Mediterranean, 331

FOILEIGIti MINE&

Alamiilos, limited, If
Washoe Gold, lira.,
Ditto (.£3 , 84

BANKS.
Agra and Mtsterman's, lira., 122 1
alliance (tina..
Ditto, issued at 20 pm., of which 20 is paid., 23
Anglo Austrian, 7
Australasia, 72
Bank of Egypt, 31
Chartered Bank of India, Australia. and China. 274
Chartered 4er. of India, London, and China, 504 494
Consolidated Bank, Urn., 104
East London, lira., 64
English Joint Stock, lira., 134
European Bank, lira., 124
Imperial Ottoman, 64
Land Mortgage Bank of India, lira., 44
London Bank of AlexLo and S. America. Urn., 9
London Chartered Bank of Australia, 244
London Joint Stock, 510
London and South African, 184
London and South6Western, Um. 201
Oriental Bank Corporation, 514 5
Provincial Banking Corporation, lira., 5
Scinde, Punjaub, and Delhi. Rm., 74
Union of Ireland, 184

MISCELLANEOUS.
City of London Real Property, Ilm., 2j
Commercial Union, Insurance, 8k
Continental Union Gas. lim.. 10k
Credit Foncier and Mubilier of England, 9 k
Ebbw Vale, 8
Egyptian Com. and Trading, lim.,
Gen. Credit and Finance of London, aim., 61
Hudson's Bay, 15k
Imperial Mercantile Credit A sso., lira..
International Financial society, lim.,
Joint Stock Discount, Rm., 8k
London, Financial Association, lira., 23k
Lon. on at Al Provincial 3larine,B3
M .dras Irrigation:and Canal, 10k
National Discount Company, 16
Otago and Southland Investment, 11
Peninsula and Oriental Steam, 77i
Quebrada Land, Rail, and Mining, UM., 3
Royal Mail Steam, 1061
Warrant Finance, Jim., 7k

By advica from Hamburg the price of gold is 425 per marl
and the short exchange on London is 13.6 j per £1 sUrlin
Standard gold at the English Mint price is, therefore, about
3-10 the per cent. dearer hi London than in Hamburg.
The course of exchange at New York on London for bills at
60 days' sight is about 249 per cent. At these rates there is
a small profit on the importation of go'd from the United
States.