The Sun.
London, England, 1866-07-13 00:00:00

ItIONEk-'IIARKET

AND

COMMERCIAL INTELLIGENCE,

TWELVE o'CLocK.
There is very little business in progress in the
Money Market, the number of bills brought forward
for negotiation being very limited. The distribution
of the dividends has tended to increase the floating
capital of bankers and others, but the rates remain
firm at 10 per cant. and upwards for the best descrip-
tions of short-dated securities.
At the Bullion-office of the Bank of England yes-
terday there were no transactions of public interest.
The New Zealand Trust and Loan Company have
issued a report to be presented on the 18th inst., in
which the directors recommend a dividend at the
rate of 10 per cent. per annum.
The Thames and Mersey Marine Insurance Com-
pany have declared an interim dividend at the rate
ofto per cent. per annum for the half-year ending
h June, viz., 10 per cent. per annum and a bonus
of 5 per cent.
The third report of the Bank of Otago for the
.Year ending 31st Afarch last shows a net profit of
414,781 13s. 6d. The surplus is sufficient for a
d ividend at the rate of 6 per cent. per annum as be-
fore, but the directors have deemed it to be their
duty not to recommend the payment of a dividend
at the present time. With regard to the debt of
11-59,852 Bs. 10d., due to the Bank by the South-
,and Government, the directors state that an act
had been passed by the General Assembly for the
settlement thereof.
At the ordinary general meeting to-day of the
[shareholders of the Alliance Bank the directors re-
commended the declaration of the same rate of
dividend as was paid in January last, viz., £5 per
cent• per annum, free of income-tax.

Two o'CLocK
At the Paisßourse this morning, according. to
Reuter's telegram, the French Rentes were 68f. 25c.
Ileavy offered.
Many securities at the Stock Exchange to-day
have been flat, but Consols are firm, at 87+ 1 for
Money, and 871 4 for the account. Why English
Government Securities should of late be in so much
favour isnot so remarkable when the brief existence
of so many joint-stock companies is taken into con-
sideration. There is at the present moment a reac-
tionary investing movement, and it is in favour of
old established securities. The advertising columns
of all our journals are now printing few, if any,
prospectuses of new companies, and it will be a long
time before the public have digested, financially con-
sidered, the specious undertakings so abundantly
Provided by greedy promoters and the folly of cre-
dulous subscribers. The New Threes and Reduced
Annuities have been dealt in at 861 ; and India
5 per Cents. at 1031.
Foreign Stocks show no material alteration.
Mexican have receded 1, to 153 1 ; Spanish Pas-
to 191 1 ; the Certificates, 1, to 151 ;
urkish 55 per Cents. continue at 26/ ; and Italian,
1,4 511 ; Greek have advanced a., to 11 12 ; and
theties Brazilian Scrip
t, 1, to 4 3 dis. American securi-
,l
" are steadily supported. United States have
clioed , to 671 ; Erie Shares have remained
at 391 ; and Illinois, at 761.
v in the Railway Share Market business has been
nery dull.
Prices, however, have not varied to any
la portant extent. Great Eastern, North-Western,
Lancashire
South-Eastern have each improved 10s. ; while
The and Yorkshire have declined 10s.
e Foreign and Colonial lines remain inactive.
Great_ Indian Peninsula have declined to 1044.
riaßl ahnk and Miscellaneous Shares exhibit no mate-
Chinac anges• Chartered of India, Australia, and
Austre dealt in at ; London Chartered of
Cr
21+ ; Metropolitan and Provincial,
at :131a: Credit Foncier and Mobilier of England,
; General
Lscount Company, Credit, at 14 dis. ; and National
81 prem.

BRITISII FUNDS—CLOSING PRICES.
8
QcVERNMEn IrwsrDS.
Der Cent. Consols . B7IIR I i I
8 DO. Account, •July . 10: B7l if i
Newper Cent. Reduced B6i i i
3 per Cent B6l
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 April, 1880 L-
L 0 (Red Sea Telegraph), Aug., 1908.
Elellequer Bills, 41,000,3 per Cent. ilarch.
Do.
4500
_
Do
410 and £2O,
9
Bank of England Stoco k, 8 Per Cent
Do Account
4x GOVERNMENT SECURITIES.
Indian Stock, 10} per
A
,0. Account
_
D. 4 -per Cent., Oct. 1888
DDo. Certificates
e..
Enfaced Paper 4 per Cent
_.Do
100+
° 5 per Cent., Jan. 1872
51 per Cent., May 1879
_
Pm
O. Deb., 4 per Cent., Aug. 1866
Do unde r
Do. Bond; £l,OOO
pm
. 41,000
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent, 415 pd —6s p
BrAustrian Bonds 5 per Cent, 1859
azilian 5 per 'Cent. ......52-
Do. 4i per Cento 1858-60
Do.
1863
DODo.
1865
Do
.4100 Account„
Bonds
..
~ DO. Scrip, 455 paid
"nenes Ayres 6 per Cent
D 0 4100 Bonds
Do 1 per Cent (Deferred 3 per Cent.)
Do'Chilian 6 per Cent Deferred
-
0.6
41 per Cent
Cper Cent .............................. m
olombD° Scrip, £5O paid
Danisian 6 per Cent.
Cuba, 6 per Cent.
h 3 per Cent., 1825
k D Principalities
Do. Account
f.: quador New Consolidate d:1 per Cent lOl
Do., Provisional Land arrant Cent.,
Do Deferred .................................
Egyptian 7 per Cent ............................ 85/
Do., Second Issue
Do ..clOO Bonds .............................. 871 8
Do. 1864 ..................... 83
Do £lOO Bonds .... ........................ 84 5+ 6+
1)0Do. Governmentv Railway Debenture;
. paid ................................. dis
Ureek 5 per Cents., 1824-5, ex CouponE3
Dno. Account .................................
Do"- enuPons .................................
uatem. Account .................................
ala 5 per Cent. ........................
Doltalian 5 per Cent 1865 .....................
...DoAccount ...... ~.. ........................
Alexi. Maremmana Railway ..................
00. can 3 per Cent ...........................
Account ................................. 15+ /
Do
1864 ......................
...Do 6 per Cent. Anglo-French..,,
.'nentevideata 6.per Cent., 430 paid..............
moorish ImpfTial 5 per Cent ...............
4 o Land Warrants (Hectares) .........
"7 Granada ....................................
121.,..0 2 per Cent ................................ 311
veruv, lie. Deferred .................................
D,o.ian 5 per Cent., 1.865 ..................
Account ................................
",° 3 per Cent. (Uribarren) ...............
p:0 4} per Cent., 1862 ..................... --.
0 Account.. .................................. 61
- °,l-tguese 3 per Cent., 1853 ..... . ..... ;..
SDO 3 per Cent., 1856, '7, '9, '6O, '62, 3,
"0. Account .................................
rt ussi an 5 per Cent., 1822, .£ St
-hp° 4} per Cent. 1850
-'-'0 41 per Cent., 1860
Do 3 per Cent. 1859 -,
.kro,,,° 5 Per Cent. 1862
5 ...................
13 . per Cent. 1861
ardEnian 5 per Cent
z D 0; Account ..........
"Panish 3 per Coot
1)0 Account ,
DoDO New Defe;;:ed.
DoAccount
Passive --
f 121°
AcellUlt .................. ..
191
P Inish Cert. of ....... ......... . funded
,D 0 Account ... P
owedish 4
per
Cent
__
Do 4i err ent. 1804
h 6 pCent. 1854
Dosccount
D
__.. ..........................
0 per Cont. 1858
56
D'. Account
I), xton , _ ...........................0
I),_
~ v -uoncis ............. ................ 6
D°
ti per Cent 18(4
..
51 .
.-'0 Account ..
...... 521 501
Pk,
~.. ............................
53 2 1
21
Do 6 " Bonds ..............................
.0 _ Per Cent.,1863
~.; 26 -
0 0 per Cent 1865 paid up Se--P'" a 57 6.1.
Do Account
Do 4 .:., .... :
v. per Cent. Guaranteed —
' '6lclzuea 3 per Cent.
-Ditto account ... . . .
-1)01.;)° 6 per Cent., 186.2
14- . Account
6 per Cen.t., . 184..
A denos en the above payable in London.
..eatistriatt, 5 par Cent. Ex 10 Florins ..•
I) ja, 41 Per cent.,”Ex..2sf.
I.ltch 2irer Cent., E. 12 Guil
itze!lell Far
3 per Cent
Ilia), 5 per Cent., 1861, E. 25f.
Zo. Account
Consols money ..
Do. Afor
.............. ..... TIIREEB7O.I'7OC.K.
87} i
ft:a ....................... 2... ...........