The Sun.
London, England, 1865-07-19 00:00:00

MONEY MARKET

AN t,

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

A prospectus has been issued of the Accidental
and Marine Insurance Corporation, which proposes
to take over the business of the Accidental Death
Insurance Company, the existing constitution and
capital of which are now found to be inconvenient
and inadequate to its recently largely extended ope-
ration. The object of the company has been to
provide any amount at death, from accidental
causes, from £5O to £2,000, or any amount of
weekly provision during complete disablement, from
10s. to £2O per week, or to provide a sum at death
and weekly compensation together, at arranged
rates of premium. The capital of the Accidental
Death Insurance Company has hitherto compelled
the directors to limit the sums insured, thus confin-
ing the advantages of insuring to a certain class.
With the larger capital and influence of the pro-
posed corporation, insurances may be granted to
an extent which it is believed will attract large num-
bers of the higher and more wealthy classes. The
capital required is £2,000,000 in shares of £25
each, the first issue to consist of 40,000 shares. A
provisional agreement has been made with the direc-
tors of the Accidental Death Insurance Company,
whereby the business will be handed over to the
corporation as from the Ist July last, with the
Offices, staff, and agents. For every two shares of
£5, with £1 paid, held by the proprietors of the Ac-
cidental Death Insurance Company, there will be
given a certificate of one share of the " Accidental
and Marine Insurance Corporation (Limited),"
with £5 paid. This will absorb 10,000 shares ; the
remaining 30,000 are offered to the public.

Two o'CLoci.

At the Paris Bourse this morning, according to
Reuter's telegram, the 3 per Cont. Rentes were
67f. 62c.

The English Stock Market has been dull, but
Prices show no change of importance. Consols for
money are 891 90, and for the account, 904. The
New Threes and Reduced Annuities are 891 1 ;
Exchequer Bills, 4s. prem. ; India 5 per Cents.,
1044 4; and Bonds, 225. prem. ; Bank Stock is
246, 248 ; and India Stock, 215 218.
In the Foreign Stock market there have also
been few dealings, and values have not undergone
any important change. Turkish Consolid6s are
4e4 4 ; Mexican, ex. all, 241 1 ; the New Loan,
23+ 4 ; Greek Bonds, 211 4 ; Spanish Passive, 291
; Certificates, 141 4 ; Italian, 634 641 ; the Con-
federate Loan, 8 9 ; Danubian 7 per Cents., 78 ;
Egyptian 7 per Cents., 98 ; do., second issue, 971 ;
do., 1861, 94 1 ; Portuguese 3 per Cents., 1856-63,
474 ; Turkish 6 per Cents., 731 ; do., 1862, 73 4 ;
do., £lOO Bonds, 731 4 ; do. 5 per Cents., 1865,
44/ ; do. Scrip, 44 dis. American Securities are
Weak ; United States 5-20 Bonds are 71f 721 ;
Erie Shares, 54 1 ; and Illinois, 884 89.
In the Railway Share Market the dealings have
been on a very limited scale, and prices generally
have further given way. Metropolitan have de-
clined £2 ; Manchester, Sheffield, and Lincoln,
£1 10s. ; North Western, 15s. ; Midland, 10s. ; and
Great Northern A Stock, Great Western, and
South Eastern, each ss.
The Foreign and Colonial lines remain inactive
Without any material change in values.
Bank and Miscellaneous Shares continue in very
limited demand. Alliance have declined to 291 4 ;
Oriental Bank to 53 ; Imperial Ottoman to 15/ ;
National Discount Company to 151 ; and General
Credit to 5 1.
Subjoined are the current quotations of some of
the principal new undertakings :---New Issue of
52,000 Preference Shares of £5 each of the Atlantic
Telegraph Cpmpany, 4 4 pm. ; Northern Assam
Tea, par 4 pm. ; Chubwa Tea, par 4 pm. ; Rus-
01an Iron, 8 10 pm. ; London Bridge Land, 1 /
pm ; Albert Bridge, 1 11 pm. ; Grange Town
Greenwich,
0 0 pm. ; Downs Dock, 1 pm. ; London,
'reenwich, and Windsor Hotels, 0 0 pm. ; London
Quays, I 4 pm. ; British India and Trust Agency,
1 11
2 pm. ; Belgrave Mansions, par 4 pm. ; Metro-
14°l Sewage, 24 3 pm. ; Peruvian Railways, 5 6
1331 u. Lion Brewery, 224 pm. ; Blakeley Ordnance,
4 pm. ; hop and Malt Exchange, 14 2 pm. ;
Barned's Banking, par 4 pm. ; Dalbeattie and Kirk-
eollllell Granite, 14 2 pm. ; East London Railway
Scrip, par + pm.; London and Mediterranean
Bank, 3 4 pm. ; Overend, Gurney, and Company
(414ited), 14 1+ pm. ; Gowhatty Tea, 0 0 pm. ;
4rAustin Consolidated Silver Mines, 0 0 pm.

BRITISH FUNDS—CLOSING PRICES.
3GOVERNMENT FUNDS.
'/)(31. Coat. Consols
Do. Account Aug. 8 9O 4
t_Per Cent. Reduced B9l 1 i
teNt 3 per Cent' 894 4 4 i dleW 21 per Coil Jan. 1894 73
A DO. 5 per Cent. Jan. 1873 —
'.alnuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth April,lBBs —
L
13;1, (Red Sea Tph Aug., 1908 —
°oequer Bills, £l,OOO, 34 per Cent.
D .£5OO
Do. _ £lOO and £2OO
Bank of England Stock, 54 per Cent 246 8
Do Account
INDIAN GOVERNMENT SECURITIES.
Indian Stock, 104 per Cent., April 1874 215 18
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. 54 per Cent., May 1879 ..._
Do. 4 per Cent., Aug. 1866 —
Do. Bonds, £l,OOO _
Do. under £l,000
tlzilia' FiIOSREIGN FUNDS—CLOSING PRICES.
.!ustrian Bonds, 5 per Cent, 1859
Dper Cent
o. 44 Cent., per 1852-58-60
Buenos Do. 1863
Ayres 6 per Cent
c,D„? I Per Cont. (Deferred 3 per Cent.)
unian 6 per Cent
e 1)0.41 per Cent
olonabian 6 ner Cent. -
';'llabal 6 per Cent.
nish 3 per Cent., 1825
Pr.,°. 4 per Cent, 1863
t '"-'l3. 5 per Cent., 1773-77, £25 paid
auubian Principalities
n,,,0. Account
L, Do £B6 paid
'cillador New Consolidated, 1 per Cent ....
p I) 0, Provisional Land Warrant
'"gYPtian 7 per Cent 9B
100, Second Issue 971 8
Do £lOO Bonds
Do. 1864 941 4 3
Do £lOO Bonds
Greek 5 per Cents., 1824-5, ex Coupons
Do Account 2ll
Do. Coupons
Do. Account
Guatemala 5 per Cont.
Do. 1839 and 1850
I
...talian 5 per Cent (Marommena Railway) 691
774 1 7
Do 1865
Do Scrip,
.£674 paid —die
Do 5 per Cent., 1864 —
DScrip, £55 paid
ican 3 per Cent.
° 3 per Cent., 1856, '7, '9, '6O, '62, '3,
h
I-)0 Account 471
Doan 5 per Cent., 1822, £ St.,
D°A i
41- per Cent., 1850
Do
1860
D°.r i43i:15. Cent, 1859
D 0 6 per Cent., 1862
S
1864
8 130. Accoupnetr Cent
Pnalloist3c per Cent —
~Account —
, ,
a:eaithiisBAP:hihaec New Deferred
Account
o cf
ecnot.o p not
°B
_as
294
Su 0 Account —
D°—
itur: 44 Per Cont. 1864
6 D 0 Acco u
pernt Cent. 1854
D° 6 per Cent. 1858
4,.,,00 Account 734 4
tic, £lOO Bonds:
Vo• 14 per Cent
DO
"'cut- 6,, Per Cent. 1862
73
Do
Do £lOO Bonds
Bo Pol' Cent. 1865
.1) erg), £35 paid
\r_ 0 liaralateed, 4 per Cent 1024
Voe.2ll,ecl: 3 per Cent.
D°• -,:i.. ount
1:-2 6 per Cent, 1862 —
Do 6 per Cent , 1864 —
44,.. Dividends' on the above payable in London.
liwtrian,
pi 5 per Cent., Ex. 10 Florins
Del'an, 44 per cent., Ex. 25f.
It:I?. 21 per Cent., Ex. 12 Guil —
Pr , 4 Per Cent. Certificates —
D
c 1 1 itentes, 41 per Cent.
r,
~o. Account
'n'ttuari A
L° Per Cent 1861, Ex. 25f -'0 Account
00usols THREE O'CLOCK.
De, Account 9O 1
904 4

PM& FEREN CIC 1311AI1CS.
Great Northern, 5 per cent., 1141
Great Western Orig. 41 per cent pf., 941 6
Lancaster and Carlisle 41 per cent. pi., 103

PREFERENCE. SHARES AND STOCKS.
Great Eastern 4; per cent. pt.,
Ditto, 5 per cent, pf., lOt
Ditto, new, 5 per cent., ICOj
LINES LEASED AT FIXED RENTALS.
London and Greenwich, 52i

FOREIGN RAILWAYS.
Great Luxembourg, 14}
South Austrian and Lombardo Venetian, 191
HAN Itti.
Agra and Misterman's, , 571 7
Alliance.3o 291 1 $
Anglo Egyptian, lim., 12. I
Australasia. 74}
Ditto, new, 73
Bank of British Columbia, 212 2
Bank of Egypt, 32
Bank of London. 143
Chartered Mer. of India, London, and China, 17 ei
City, 110
Consolidated Bank, 1im.,101
East London. lira., 52
European Bank, limn., 01 I
Imperial Bank, lint., 291
Imperial Ottoman. 151
Lard Mortgage Bank of India, limn., 41
London Bank of Mexico and S. America, ~ 111 la
London and Brazilian (lim.). 43 1
London, Buenos Ayres, and River Plate. 481
London Chartered Bank of Australia, 241
London and Comity, 77 6
London Joint Stock, 491:0
London and South African, 19
London and 11 estminster, 95 7 41
Midland Bank, Um. 18
National Provincialot England.
Ditto. d and 3d issue, 411 1
Oriental Bank Corporation. 53 4 3
Standard of British South Africa, lim.,
Ditto, issued at 6 pm.. 42
Union of London, 51l 1

MISCELLANEOUS.
Atlantic Telegraph, 8 per cent gua, 5i 5
City of Moscow lia , Jim., 21
Credit Fonder and Mobilier of England, 8j
Egyptian Corn. and*Trading, lira.,
Gen. Credit and Fiance or London, rim.. 51
Imperial Mercantile Credit Asso., lira., I 3
Joint Stock Discount, lira.,
Land Securities, I:m., 3/ 4
London Financial Association, lira.. 22/ I
National Discount company. lira., ICI I
Rio de Janeiro City Improvements, lira.,
Ditto (.410 , ii
Telegraph Constructicn and Maintenance,
Warrant Finance, lira., 7i

" We have reason to believe," says the Patrie,
" that there has been some intention both at Paris and
Madrid of an interview between the Emperor Napoleon and
Queen Isabella. That meeting, which would coincide with
the sojourn of his Majesty at Biarritz, will probably take
place in the second half of the month of August. The
Emperor would go to St. Sebastian to pay the Queen a first
visit, which her Catholic Majesty would return soon after
at Biarritz."