The Sun.
London, England, 1864-10-18 00:00:00

CONEY MARKET

AND

COMMBECIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.
The capital afloat in the Money Market has re-
-I,lvea a very large addition from the dividends,
"'eh are now in course of distribution. The large
crease that has taken place is not a matter of
onder, if the high rates of interest paid for tem-
)rSty loans by disccuaters are taken into conside-
`ll°l3. Bankers have therefore, for the moment,
°re money than they can fully employ, and they
N'e
consequently shown more disposition to loan
°tit on short dated paper than they did yesterday
Id the day before. The inquiry, in fact, has not
'Pt Pace with the increased supply, and best come
eteial bills cln therefore be negotiated at the
atk minimum of 9 per cent.
During the last few days there has been very
animation in the foreign and colonial produce
4rltets. The operations in tea have been deferred
ylil the public sales, which commence this day.
agar has bten in moderate request at barely pre-
?no prices, while coffee has realised full rates.
'lee, Cocoa, fruit, and spices have remained with-
change in value; and tallow, for both present
uu forward delivery, has declined about 6d. per

further sum of £30,000 in gold was taken
'to the Bank yesterday.
Two additional mercantile failures have been
Messrs. Monninger and Denninghoff,
11:1rnission merchants, chiefly associated with the
etroleum and oil trades, have suspended payment,
filth liabilities supposed to reach £lOO,OOO. Messrs
ttadra, Eucieo, and Co., engaged in the Spanish
41,inese, have also succumbed. Their liabilities are
aced to amount to £60,000. In neither case has
3Y estimate of the assets been arrived at.
4t the meeting of the Commercial Banking Com-
-41337 of Sydney, on the 27th of July, the available
4ance was stated at £32,664, and a dividend and bonus
ere declared equal to 81 per cent. for the half-year, leav-
tg 41,333 to be added to reserve, and £4,131 to be carried
'!nrrl. An increase of the capital to £lOO,OOO by an issue
""00 new shares of £25 each at a premium of £8 6s 8d
48 to Progress, and with the addition of this premium the
.serve fund will stand at £lOO,OOO.
4 meeting of the creditors of Messrs. Croskey
4
id Co. was held yesterday at the offices of the accountants,
:Bere• Harding, Pullein, and Co., when a statement of
"48 Ras submitted by Mr Pullein. It was unanimously
aolved to wind up the estate under inspection, the meet-
kt!rexPressinzg their confidence in Mr Croskey, and his
ItY) with the assistance of the inspectors, to bring his
airs to a successful issue. The total liabilities, secured
nd Unsecured, appear to be about £295,000, of which
_37,000 are expected to rank against the estate; the assets
re estimated at £35,501 2s. Id.
Uhe committee of the Stock Exchange have ap-
he °l4ted Friday, the 21st instant, a special settling day on
ew £5O shares of the London Joint Stock Bank, which
4enCefOrth to be quoted in the official lists.
r S. B. Gibbons and Mr I. H. Tillett, the
Lcillidators of the East of England Bank, have announced
at
a first dividend of lOs in the pound will be paid this
fr
-ek and next at their office in Norwich.
tt the half-yearly meeting of the Bank of Victoria, Ane-
tew', held at Melbourne on the 2d August, the net profit
Vas
stated at £37,200, and a dividend at the rate of'lO per
absorbing £z5,000, was declared. The sum of £5,000
.48 written off Bank premises account, and £7,200 was car-
led forward.
The following communication respecting the
-I(zuelan debt has been posted in the Stock Ex-
gauge Messrs Baring Brothers and Co. have the plea-
4ta to announce that, under the direction of General Guz-
-444 Blanco, there has been paid over to them the sum of
41,538 Os 3d, being the full equivalent of the 75,000 dollars
:0418 time since taken under temporary pressure in Vene-
‘llela, from the duties assigned to the bondholders. Messrs
•
Baring Brothers and Co. are now enabled to pay the divi-
I
e4da due Ist July last on the Venezuelan Three and One
finda Half per Cent. Bonds, at the rate of 2 per cent, per
Latisttol on the former, and 1 per cent, per annum on the
te
as agreed to by the bondholders at a meeting held on
'theu(:)th June, 1864—London, Oct. 17, 1861."
0 directors of the English and Australian Copper
I°„tliParlY have received advices from their manager dated
k"rt Adelaide, 26th August last. The quantity of coal at
p4°riuga was 2,155 tons, at Kapunda 340 tons, and at
ie ortt Adelaide 225 tons. At Kooringa there were five
at tlibaces at work, and four furnaces and two refineries
r`t:3 port works. Since the date of the last advices a
"1. Shipment of 50 tons of copper had been made.
'file directors of the Port Phillip and Coloniel
the'd Mining Company have received advices from
.r
resident director, Mr Bland, dated Chines, 25th of
August
last, Quartz Crushing—The quantity of quartz
I,2:bed during the month of July was 4,319 tons, yielding
60 az 11 dwts of gold, or an average of 5 dwts 20 grains
to
1 n.
Receipts—£l,9lo 19s 41; ordinary, £1,115 3s 6d.
1,1,1/ moms—£l,373 18s bd ; machinery, &c., £258 15s ;
£517 Os 11d. Rriturn for August—Quartz crushed,
,t2ll, ; yield of gold, 1,406 oz 16 dwts 12 grains, or 6
it grains per ton. Remittance, £5OO.

Two O'CLOCK.
itAt the Paris Bourse this day, according to
q,etit'/Is telegram, the 3 per Cent. Rentes were
4",i,clted 65f. 15e.
vehe market for English Stocks has remained
firm to-day, and a few purchases have im.
vrev
tho:u the quotations about 1.16 per cent. above
to. of yesterday. As the public are now coming
th'ltard as investors, there is reason to hope that
advance will continue to make further pro-
eccsl• Consols, for money, are 841 ; and for the
,mount, 881 89. The New Threes and Redt.ced
to-o"uitica are 86;1 •-1; March Exchequer Bills, 10s.
2.
tlis• ; June ditto, 18,s. dis. ; Indi% 5 per Cents.,