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

riONEYTIARKET

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 cent. and upwards for the best descrip-
tions of short-dated securities.
At the Bullion-office of the Bankof 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
of 20 per cent. per annum for the half-year ending
30th 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 March last shows a net profit of
£14,781 13s. 6d. The surplus is sufficient for a
dividend 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
£159,852 Bs. 10d., due to the Bank by the South-
land 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 Paris Bourse this morning, according to
Reuter's telegram, the French Rentes were 68f. 25c.
Heavy offered.
Many securities at the Stock Exchange to-day
have .bein fiat, but Consols are firm, at 8744 for
money, and 871 4-3 for the account. Why English
Government Securities should of late be in so much
favour is flat so remarkable when the brief existence
of so many joint-stock companies is taken into con-
side ration. 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 4 ; and India
5 per Cents. at 103 f.
Foreign Stocks show no material alteration.
Mexican have receded I, to 15/ k ; Spanish Pas-
give, I, to 19f ; the Certificates, k, to 151 ;
Turkish 5 per Cents. continue at 26f ; and Italian,
54 514; Greek have advanced to 11 12 ; and
the Bz.azilian Scrip, f, to 4 3 dis. American securi-
ties are steadily supported. United States have
declined,
to 671 ;
at 39f ; and Illinois, at 761.
Erie Shares have remained
in the Railway Share Market business has been
vein dl Prices, however, have not varied to any
important extent. Great Eastern, North-Western,
,and South-Eastern have each improved 10s. ; while
Lancashire and Yorkshire have declined 10s.
Great Indian Peninsula have declined to 104 g.
ank and Miscellaneous Shares exhibit no mate-
rial
changes. Chartered of India, Australia, and
China are dealt in at 16/ ; London Chartered of
Australia, t
at 12 13 a 211 ; Metropolitan and Provincial,
; Credit Foncier and Mobilier of England,
aunt C
DLs r_ ; General Credit, at 4 dis. ; and National
ompany, 81 prem.

BRITISH FUNDS—ONE O'CLOCK.
GOVERNBLENT FUNDS.
8 Der Cent. Consols
Do. Account, July 873 3 3
10
3 per Cent. Reduced
w 3 per. Cent
.
Do 23 per Cent. Jan .1891 5 per Cent. Jan. 1873
-Annuities, 30 ,_ yrs, c pire sth Jan 1880
Do. for 30 yrs, expxire sth April,"lBBs —
Do (Red Sea Telegraph), Aug., 1908
MTrch.
Do
Exchequer Bills, 41,000,3 per Cent.
_--
Do.
.4500 _
10 4200
_
Bank of England 4
Stoco k,and 5 per Cent
_
Do Account
INDIAN GOVERN meEr N T
Indian Stock, 101
p
Cent.,
E ZirilTl2lBB.74 -
Do. Account
103 i
Do. 5 per Cent. July,
1188870
Do. 4 per Cent., Oct.
..._
Do. Certificates
_
Do. Enlaced Paper 4 per Cent
Do. 5 per Cent., Jan. n
Do. 51 per Cent., May 1879
Do. Deb., 4 per Cent., Aug. 1866
. Bonds, 41,000 — Pm
.... ptu
Do. under 44000
FOREIGN FUNDS—ONE O'CLOCK.
Argentine Republic, 6 per Cont., £l5 pd — pm
Austrian Bonds, 5 per Cent, 1859
Do. 44 per C
_
Brazilian 5 per
ent., CentlBs2-58-60
Do.
1863
_
Do.
1865
___
Do Account
Do. £lOO Bonds
_ dis
Do. Scrip, £55 paid •,
Buenos Ayres 6 per Cent —
Do 4100 Bonds
Do 1 per Cent. (Deferred 3 per Cent )
Do.Chilian 6 Per Cent
D°' 43
Per Cent
C 6 Cent
Cub
o Scrip, £5O paid
oombian 6 per Cent.
Danisa, 6 per Cent.
Danubh 3 per Cent., 1825
ian Principalities
ErdDo. Account ..........
or New Consolidated, 1 per Cent._ 10i
Doo.,_Provisional Land Warrant
Egypt Deferred 2
Doian 7 per Cent
Do., Second Issue
£lOO Bonds .... 2
Do. 1861
Do £lOO Bonds .... ........ Railway
Do. Government
Do. 460 paid
Cireek 5 per Cents., 1824-5, ex Coupons
LoD. Account
D°. Coupons
. Account .
--
t'uateraala
Italian 5 per Cens per tent.
1865
Do Account ....... ...
‘. o. ltis,retnmana Railway
aexican 3 per Cent
Do. Account
Do
1864 ... . ......
Lk) 6 per Cent. Anglo-French —
Montevidean 6 per Cent., 430 paid
Moorish Imperial 5 per Cent
lieDo Land Warrants (Hectares)
-u°,w Granada
D 0.2 13er Cent
PeruvDeferred .
Dooian 5 per Cent., 1.865
. Account ........
A
Do 3 per Cent. (Uribarren).
Do4l per Cent., 1862 ..
A.ccount
ortuguese 3 per Cent., 1853
DoDo 3 per Cent., 1856, '7, '9, '6O, '62,23,
. Account
Russian 5 per Do 4 per C ent CentlBso ~ 1822, £ 5t......
i .
D°
43 Per Cent
Do 5
~
D 8 per Cent. 1859
18600
per Cent. 1862 ...... B6l
„ Do 5 per Cent. 1864
Do
5 per Cent
8 110' Account
Pnatlish 8 per Cent
—0 Acc,:,unt
D New Deferred
Doo Account ........................... . .....
assrve ........................
Do Acc.unt
...............
193
Elp!nish Cert. of . do..u. ... . no.t funded
El lA-ceotint .................................. is}
we,Liell 4 per Cent
TurkiDo. 41 per Cent. 1864 .....................
R° sh 6 per Cent. 1854 .................. ---
,-;°A, 'coonnt ......... . ............................. 823
Per Cent. 1858 ........................
Do"' 4ceount
_.. .......................
TD°£loo Bonds ....
............................. 60
'Jo6 per Cent. 1862 ........................ 51
Account„
...........................53 2
.. ..
Dog per Cent, 1.86.3
D° D° 5 per Cent; 1865, paid up Scrip 26
Account '
26 3 53
„...o. per Cent. Guaranteed
v enezuela. 3 Per Cent.
Ditto account .. . .
DDo 6 'per Cent., 1.86.2 ...
o. Account
~,:,: .........
Do. 6 per Cent: . /tie.% ...
83 4
Dividends on the above payable in London.
Austrian, 5 Per Cent., Ex. 10 Florins
elgian, 41 per cent, Ex. 25f.
Dutch 1 per Cent, 12 G'l
Ex. in
l'rech .entes 3 per Cent
Ibtlitn, 5 per Cent., 1861, Ex. 25L
Do. Acpount
TWO O'CLOCK.
C°llllB°lB for money ....... ........... 81
—°' 449011111 min ........
..
.... ...... ..... 13111,. ........ 871 t