The Sun.
London, England, 1862-02-12 00:00:00

CITY NEWS. 1 SHARE

HONEY MARKET MARKET AND

JITY, Two o'CLoox.
A quieter tone pervades the general discount
market to-day, and rather lower rates are now cur-
rent, a favourable impression having been created
by the abandonment of the loan for France. Capi-
talists are more eager to enter into transactions, and
the mercantile community derives the advantage of
being enabled to negotiate their securities at quo-
tations slightly under the Bank of England mini-
mum.

The proposed dividend of the North Western
Raailway Company for the past half year is at the
rate 41 per cent. per annum.
The bullion operations at the Bank of England
yesterday comprised the withdrawal of £lO,OOO in
foreign gold.
In the foreign exchanges yesterday afternoon
there was a decline in the rates on Vienna and
Trieste.
The French Loan affair is still a subject of con-
versation, and the idea prevails in some quarters
that the contemplated advance will yet be arranged
privately, as M. Fould will no doubt require assis-
tance in order to carry out his scheme of concession.
There is still, however, an absence of positive in-
formation upon the subject, and it is useless to refer
to the various statements circulated at the Stock
Exchange and elsewhere,
The tendency of the English Market has been
rather more favourable owing to purchases based
upon the prospect of easier money through the
abandonment of the French loan. A favourable
impression has also been produced by the large
quantities of gold coming from Australia, but the
rise has only represented* per cent., Consols being
193 for transfer, and 936 for the account. The New
Threes and Reduced have improved to 93} 4 ; Ex-
chequer Bills, March, to 13s. and 16s. prem.; and
ditto, June, to 14s. and 18s. prem. India Stock is
steady at 226 ; ditto 5 per Cent. Loan at 1064 ;
ditto 4 per Cent. Enfaced Paper has improved to
883 ; ditto Debentures are 99-1-; and ditto Bonds io
235• to 265. prem.
In the Foreign Market the dealings have been
of a moderate character, and prices, in several in-
stances, have tended upwards. Turkish 6 per
Cents. are 851 ; ditto, 1858, 751 76 ; Mexican,
341 d ; Equador, 18/ ; Russian, 991. Spanish are
firm at 531; ditto Passive, have improved to 208
21; ditto Certificates, 78 8 ; and Italian 5 per s
Cent. 671
4'

The operations in the Railway Share Market
have been rather limited, and prices have shown,
in most instances, a slightly downward tennency.
Caledonians, Eastern Counties, Great Westerns,
Lancashire and Yorkshire, and Midlands, have
receded 55., and North Westerns, 10s.
The Foreign and Colonial undertakings have
remained in moderate favour. Great Luxembourg
have advanced to 101 ; Bahia and San Francisco
realise 151; San Paulo 5-K; Grand Trunk of
Canada have improved to 231 24; and Great
Western of Canada realise 12:T- I.
Joint Stock Bank and Miscellaneous Shares
generally support previous rates. Union of Aus-
tralia have improved to 411 ; and Royal Mail
Steam to 53 and 531.

BRITISH FUNDS—ONE O'CLOCK.
3 per Cent. Reduced Annuities 934 4 4
3 per Cent. Consols Annuities
New 3 per Cent. Annuities 934 i New 21 per Cent. Annuities 774
India Stock
Ditto 5 225 4
per Cent
Ditto Enfaced Paper, 4 per Cent BBf 9 f,4
L Ditto 5 per Cent
Ditto ditto April, 1864 994
Ditto Bonds £l,OOO
Ditto under £l,OOO . . ...
Consols for Account, March •6...
India Stock for Account, 5 per dent .
March. '
Exchequer Bills, £l,OOO 2d.... 16
Ditto £5OO
Ditto Small .................. "'••.
13 I
FOREIGN FUNDS—
Brazilian 5 per Cent
............
Ditto 44 Der Cent, 1858 .............. 914
Equador New Consolidated ............ Isll 19 184
Mlmperial Moorish Scrip ................ 544
Diexican, 3 per Cent ..................
34a 344 ±
a f
tto Account ...................... Grenada Active
.............. . ....... Do. Ex over-due Coups. &Hectares. 104 10
Portuguese 3 per Cent., 1853
Spanish 3 per Cent
Ditto New Deferred 434
Ditto Passive
Spanish Cert. of Coup. not funded 20174 it i2l 4 201
74
Turkish 6 per Cent. B5 44
Ditto New Loan
Ditto Accoont
Ditto £lOO Bonds 77/
Dividends on the above payable in London.
Italian, 5 per Cent., 1861
Consols, Money THREE O'CLOCK. .
Account
93 i

.:(Juns.

18 14