The Sun.
London, England, 1866-06-28 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCi,

TWELVE O'CLOCK.

The Bank of England directors have just sepa-
rated from their weekly court without making any
change in the rate of discount. The public have
been anxiously awaiting the result, and the lobby
of the " parlour" and the several passages of the
establishment were thronged by an expectant crowd.
A reduction had been generally anticipated—not
so much because good reasons could be assigned
for a change, as the interests of the mercantile com-
munity led them to hope for some amelioration
from the present stringent condition of the rates for
money. The demand this morning has conse-
quently been almost nominal, but immediately the
decision of the court became known, a large num-
ber of tills which had been held in reserve have
been brought forward for negotiation, and the
terms required have been the same as yesterday,
viz., from to 10 per cent. for the different de-
scriptions of fine paper.
The resuscitation of the English Joint Stock
Bank is proceeding satisfactorily. The appointment
of an official liquidator being postponed by Vice-
Chancellor Wood for a month, in order to enable
the new arrangements to be carried out, and to
which many of the shareholders and creditors have
given their adhesion. It is intended to have a Lon-
don agency, and to confine business to those
branches at which the directors feel assured a good
business may be secured.
At the Bank yesterday the bullion operations
consisted of a withdrawal of 12,000 sovereigns, and
an influx of £B,OOO in bar gold.
Messrs. Baring Brothers and Co. have received
on account of New Granada dividend the following
remittances :—From the Custom House of Santa
Marta, £370 ; from the Custom House of Carta-
gena, £450 ; making a total of £B2O.
The mail from Guayaquil has brought a remit-
tance of £633 lls. 4d. on account of the dividends
on the debt of Ecuador.

Two O'CLOCK.

Considerable depression has prevailed in the
markets for stocks and shares, owing principally to
the continuance of the rate of discount at its pre-
sent high value. The English funds have been
chiefly affected, • and lower quotations are current.
Consols have receded k per cent., to 861 I for
money, and 86f 4 for the account The New
Threes are 85i 84, and Reduced Annuities, 86 ;
Exchequer Bills, Bs. dis. to par ; India Debentures,
100, and ditto Bonds, ss. prem.
Foreign Secuarities are generally lower, but the
depreciation is only, in most instances, fractional.
Turkish 5 per Cents. have declined k to 28k ;
Mexican, to 14} 4 ; Spanish Passive, Ito 18i 19i ;
Certificates, to 14j- ; Italian, to 40+ k ; New
Mexican remain at 111 121 ; New Italian, at 50
51; Greek, at 11 f ; and Brazilian Scrip, at 3+ 24
dis. United States 5-20 Bonds, 64k 4' ; Erie Shares,
374 381 ; and Illinois, 73i 74.
Business in the Railway Share Market has been
rather dull, the dealers and speculators being chiefly
occupied with the settlement. Prices, however, in
most instances exhibit greater firmnesss. Lanca-
shire and Yorkshire and North-Western have each
improved ; Midland, North-Eastern (Berwick),
and South-Eastern each 4 ; and South Western,
4.
The Foreign and Colonial lines remain without
change of importance.
In Bank and Miscellaneous Shares a fair amount
of business has been done at in most instances en-
hancetil rates. Alliance are at 22i ; Chartered
Mercantile of India, London, and China, at 334 ;
Imperial Bank, at 26 ; Oriental Bank Corpora-
tion, at 42 ; Credit Foncier and Mobilier of Eng-
land are marked 1} dis. ; Egytian Trading Com-
pany, 5+ discount ; International Financial, 1k
dis. ; London Financial, 13i dis. ; and National
Discount Company, 7+ prem.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
8 per Cent. Consols
Do. Account, July 10.
8 per Cent. Reduced
New 3 per Cent 864 51 64 51 6
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 AprillBBs —
Do (Red Sea Telegraph), Aug., 1908 —
March. June.
Exchequer Bills, £l,OOO, 3 per Cent par dis
Do. £SOO
Do £lOO and £2OO
Bank of England Stock, 5 per Cent
Do Account
INDIAN GOVERNMENT SECURITIES.
Indian Stock, 101 per Cent., AprillB74 —
Do. Account
5 per Cent. July, 1870
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Enlaced Paper 4 per Cent —
Do. 5 per Cent, Jan. 1872
Do. 51 per Cent., May 1879
Do. Deb., 4 per Cent., Aug. 1866
Do. Bonds, £l,OOO
Do. under £l,OOO
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent., £l5 pd —
pm
Austrian Bonds, 5 per Cent, 1859
Brazilian 5 per Cent
Do. 41 per Cent, 1852-58-60
Do. 1863
Do. 1865
Do Account
Do. Scrip, £55 paid
Buenos Ayres 6 per Cent
Do £lOO Bonds
Do 1 per Cent. (Deferred 3 per Cent )
Chilian 6 per Cent
Do. 41 per Cent
Do. 6 per Cent
Do Scrip, £5O paid
Colombian 6 per Cent.
per.......
Cuba, 6 Cent —
Danish
3 per Cent., 1825
Danubian Principalities
Do. Account
Equador New Consolidated, 1 per Cent —
Do., Provisional Land Warrant
Do Deferred
Egyptian 7 per Cent
1)0., Second. Issue ... ;
Do £lOO Bonds
Do. 1864
Do £lOO Bonds .
Do. Government *Railway Debentures BO
Do. £6O paid
Week 5 per Cents., 1824-5, ex Coupons 114
Do. Account
Do. Coupons
Do. Account
Guatemala 5 per Cent
Italian 5 per Cent 1865
Do Account ......
Do. Maremmana Railway
Mexican 3 per Cent
141
Do. Account 1864
Dn
Do 6 per Cent. Anglo-French
Montevulean 6.per Cont., £3O paid
Moorish Imperial 5 per Cent
Do Land Warrants (Hectares)
New Granada
Do 2 per Cent
Peruvian 5 per Cent., 1865 65 4
Do. Account
Do 3 per Cent. (Uribarren)
Do 41 per Cent., 1862
Do Account
Portuguese 3 per Cent., 1853
Do 3 per Cent., 1856, '7, '9, '6O, '62, '3, 43
Do. Account
Russian 5 per Cent., 1822, £St — •
Do 41 per Cent. 1850
Do 44 per Cent., 1860
Do 3 per Cent. 1859
Do 5 per Cent. 1862 BO
804 -1
Do 5 per Cent. 1864
Sardinian 5 per Cent
Do. Account
Spanish 3 per Cent ..........................
Do Account
Do Now Deferred ..................
Do Account
Do Passive
Do Acciount
Spanish Cert. of Coup not funded
Do Account
Swedish 4 per Cent.
Do. 44 per Cont. 1864
Turkish 6 per Cent. 1854
Do Account
Do 6 per Cent. 1858 -1 31
Do. Account
Do £lOO Bonds
Do 6 per Cent. 1862
Do Account 56 5 7
Do £lOO Bonds
Do 6 per Cent., 1863
Do 5 per Cont., 1865, paid up Scrip
Do Account
Do. 4 per Cent. Guaranteed
Venezuela. 3 per Cent.
Ditto account
Do 6 per Cent., 1862
Do. Account
Do. 6 per Cent, 1864
Dividends on the above payable in London.
Austrian, 5 per Cent., Ex. 10 Florins
41 per cent., Ex. 25f.
Dutch 21 per Cent., Ex. 12 Guil
French Rendes 3 per Cent.
It9.lial. 5 per Cent., 1861, Ex. 25f.
THREE O'CLOCK.
Consols for money
1)0,
Account • ........ swots. ..... now. B6l f xd