The Sun.
London, England, 1866-03-26 00:00:00

MONEY MARKET

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

The Money Market presents symptoms of activity
this morning, owing, no doubt, to preparations for
the settlement of the fortnightly account at the
Stock Exchange. The lowest rates of the brokers
are 5 and G per cent. for the best bills.
£5,000 in gold was taken to the Bank of Eng-
land on Saturday afternoon.

The report of the Buenos Ayres Great Southern
Railway states that the line from Buenos Ayres to
Chascomas was completed and opened on the 14th
December, and that the Finance Minister for Buenos
Ayres had publicly announced that a sum of money
had been deposited in the Provincial Bank
to meet any claim on the 7 per cent. guarantee. It
also states that the works have been completed
within the contract sum, and nearly twelve months
Within the time stipulated, thus saving a consider-
able amount in the payment of interest during con-
struction.

The public meeting of the holders of New Grenada
bonds, originally fixed for Wednesday, the 28th
inst., has been postponed to Thursday, the 29th
inst., in consequence of the 28th being the settle-
ment on the Stock Exchange.
At a meeting of the shareholders, to-day, of the
British American Land Company, the report pre-
sented for adoption stated that the disposable balance
amounted to £4,770, out of which the directors
Proposed the declaration of a dividend of 15s. per
share, free of income-tax, payable on and after the
10th of April next, which will amount to £4,500,
leaving a balance of £270 2s. 4d. to carry forward.

The subjoined is a copy of a circular addressed
to the shareholders of the Credit Foncier and
Alobilier of England :

" The Credit Foncier and Mobilier of England,
(Limited), 17 :and 18, Cornhill, London,
E.C., 24th March, 1866.
" Sir,—l beg to forward you herewith the notice of the
next ordinary meeting of the company.
" Although the directors do not, as a rule, recognise the
Pulley of addressing their shareholders upon every varia-
tion in the quotation of the shares on the Stock Exchange,
they take this opportunity to state, in answer to some in-
quiries that have been made by shareholders, that there
exists no ground whatever for the depreciation in the
market price of the shares of this company, which has so
Unaccountably taken place within the last two or three
days.

" They can only attribute the fall to the circulation of
unfounded and unjustfiable rumour, and amongst others
that of the actual, or intended, resignation of the managing
director, for which there is not a shadow of foundation.
"There is, in fact, no reason, so far as the position of
the company is concerned, why the quotation of the shares
14 the market should not be as high as it ever has been.
" The directors feel they are justified in making this
statement, seeing that the affairs of the company are in the
most prosperous condition, as will appear by the accounts
i"° be presented at the forthcoming meeting, and which will
sent to you in due course.-1 am, Sir, your obedient
Servant, " ALFRED LowE, Secretary."
The accounts from the manufacturing districts
for the past week have not been of a satisfactory
character. At Manchester the market for shipping
"arils has been flat, and cloths suitable for both home
and foreign requirements have been in less request.
At Leeds, Bradford, and Huddersfield the late un-
favourable weather has caused a falling off in the
demand for spring goods, while the same cause has
acted prejudicially against the lace and hosiery
branches of Leicester and Nottingham. In the hard-
Ware districts of Birmingham, Sheffield, and Wol-
verhampton, however, most branches of trade have
been seasonably active, and the operatives generally
are fully employed.

BRITISH FUNDS—ONE O'CLOCK
GCVERNMENT FUNDS.
° Der Cent. Consols
7
a Do. Account, April 5
lPer Cent. Reduced B4l 5
eW 3 per Cent 844 1 5
6'w 21 per Cent. Jan. 1894 —
I)0. 3 per Cent. Jan. 1873 —
annuities, 30 yrs, expire sth Jan., 1880
.„DO. for 30 yrs, expire sth April, 1885 —
'-'0 (Rod Sea Telegraph), Aug., 1908 —
March.
t Xehequer Bills, £1,000,3 per Cent. 8 4
Do. £5OO —
Do £lOO and £2OO
Bank 0: England Stock, 5 per Cent
D 0 Account —
1x0u....1 GOVERNMENT SECURITIES.
ldian Stock, 104 per Cent., April 1874 —
"o. 5 per Cent. July, 1870
Per Cent., Oct. 1888
."0. Certificates —
DO. Enlaced Paper 4 per Cent —
Pi.,o. 5 per Cent., Jan. 1872
`,-I,°. 51 per Cent., May 1879 —
D 0• Deb., 4 per Cent, Aug. 1866
DO. Bonds, £l,OOO —
DO. under £l,OOO
FOREIGN FUNDS—ONE O'CLOCK.
4rgentine Republic, 6 per Cont., .£l5 pd 1 pm
tttstrian Bonds, 5 per Cent, 1859
ra,zilian 5 per Cent —
L'o. 44 per Cent., 1852-58-60
Do. 1863
, Do. 1865 —
4,0 Account —
Scrip, £35 paid
4 pm
•Alenos Ayres 6 per Cent
1)0. Account
Do XICO Bonds —
r, Do 1 per Cent. (Deferred 3 per Cent )
Dok,hilia 6 per Cent
~ Scrip, £25 paid
Pm
t 4-', 0. 41 per Cent
tuba,
6 per Cent. —
tjba, 6 per Cent.
Danubian
3 per Cent., 1825
'4,llubian Principalities
I,„'-'0 Account
-I,llador New Consolidated, 1 per Cent —
t'o., Provisional Land Warrant
gYptian 7 per Cent
i)°., Second Issue
DO 4-'0 £lOO Bonds
, Do. 1864 914
.T.,4-'DO £lOO Bonds
'O. Government Railway Debentures —
ci o. £25 paid
trick 5 per Cents., 1824-5, ex Coupons
0. Account
4 ."0. Coupons
ittlarl ternala 5 per Cent. —
a 4 5 per Cent 1865
tin• Maremmana Railway
`',.lean 3 per Cent
"0. Account
n ° Do 1864i0
6 per Cent. Anglo-French
t9videan 6 per Cent., .£3 0 paid
irrish Imperial 5 per Cent
erll Granada —
D 0 2 per Cent
0 Deferred
1)0 Land Warrants (Hectares)
°II 6 per Cent, 1864
i), ° Guaranteed, ,4 per Cent
n 5 per Cent, 1865
DO. Account
D° 3 per Cent. (Uribarren) —
41 per Cent., 1862
11 'O. Account
°Piguese 3 per Cent., 1853
/1013
A pccount er Cent,
451
1856, '7, '9, '6O, '62, '3,
411 ;
ils'an 5 per Cent., 1822, £St — 1
D° 41 per Cent. 1850
? 41 per Cent., 1860
L° 3 per Cent. 1859
D 0 5 per Cent. 1864
t utnian 5 per Cent
Nkri; -

June.
6 dis
6 dis

I)omaishAcco un 3 per Cent
42;
,t
1.4"° New Deferred—
'''o Account
60 Passive —
° Account
271
D4l Cert. of Coup not funded —
1.t.0 Account l6 }
jseclish 4 per Cent. —
T °. 4i per Cent. 1864
tibil(ish 6 per Cent. 1854
0 Account 93 4
bn 6
_
Do per Cent. 1858
-„0 Account 661 i
DO £lOO Bonds
-13° 6 per Cent. 1862
t 0 Account
.00 .£lOO Bonds
D:-co' 6 r Cent ,1863
- " Cent., 1865, paid up Scrip —3_
_o .
' i i i
ti Account
VA °. 4 per Cent. Guaranteed —
-4eznela 3 per Cent.
bitto b° account —
6 per Cent., 180 —
—O. Account
' -Do. 1864 —
°' li per Cent —
Dividends on the above payable in London.
k„etll4; 5 pm. Cent., Ex. 10__ Florins
.1),,P4, 41 per cent.. Ex. 2ot.
601
i ljai:2i pea, Cent., Ex. 12 Gull
.t','r „." err Cent. Certificates _
ktalFeu tentes 3 per Cent. —
_
04 5 per Cent., 1861, Ex. 25f.
0 Account
Co, TWO O'CLOCK.
r,'''ols for mono
"0 Account y
.....,____
C

bta~n-I-TTLASS DRILL AND THE POLICE.—Sir Richard
issue, Chief Commissioner of the Metropolitan Police
feud all order on Saturday directing that the superin-
the ants of each division were to take measures for having
tio„W, 610 of the men instructed in cutlass drill,
thou n addi-
" ") the military drill which i.s now taught