The Sun.
London, England, 1865-01-17 00:00:00

The and br olz 41PPly of capital at the command of bankers
-ers appears to be diminishing, the nume-
rous calls of late having largely trenched upon their
The money market, however, although
std ar.:tive, continues easy, and the best bills have
a
gai'n been negociable at 58 per cent.
The hew Italian loan, so long expected, has at
last been officially announced by the General Credit
ace' Finance Company of London, with whom are
connected for this operation the Italian Land Com-
pany, the Societe Generale of Paris, the (Credit
Yennais of Lyons, the Italian Credit Mobilier, Dis-
count and Silk Bank of Turin, the Tuscan Credit Bank
Florence M. A. Bastage and Sons, of Leghorn,
the National Bank of Italy, the Banque des Pays
of Amsterdam, Messrs. Von Erlanger and Sons
'3f Frankfort and the Banque de Credit Genevois
Geneva, to all of whom subscriptions are payable.
„Tule amount required is 8,000,0001. nominal,
Death' •
--(5 interest at the tate. of 5 per cent.,
fv_raYaFle half-yearly in London, and on the
,-utitinent, and bonds are emitted in amounts rang-
acg from 201. each, but taking those of 1001. issued
t 77i, the price is reduced to 741., reckoning the
illtereat due next April, and the participation of
oe; ell security in annual drawing for the liquidation
the amount. The principal and interest are gua-
bateed by the Italian Government with special
YPothecation on the State domains, the pro-
le:eds of which are estimated to realise 10,000,0001.
ioabscribers have the option of paying by instal-
ments Which extend to July next. It is calculated
toa,,l,,With. a year's interest of 51. on 741., it is equal
"! Per cent, per annum, and that if a subscriber
,--"..e:we fifteen bonds which will cost 1,1101., he
-'ll. have one drawn every year, receiving
"1001, for what he paid 741. He will, there-
-f Ore have a. porton of his capital returned each
Tset; with a bonus of 261. The average per cent.
3-10ths for the 15 years, and although the
Zrilas appear high for the Italian Government, it
Wald that they will prove advantageous, as the
411aolint which redeems the loan is paid from the
of land, and the new kingdom will be enabled
thlneet the extraordinary expenses necessary for
er The
of the Government to Florence.
13te share list of the City of Milan Improvements
'°l7oPany (Limited) will close for London at four
twelve
on Thursday, 19th inst., and Friday, at
"elve o'clock, for the country. The shares, after
Ong to 31 prem., closed at 2.34 2. prem.
6 A payment on account of dividend at the rate of
per cent, per annum is announced by the Inter-
national Land Credit at the London and Company (Limited), payable
_ Westin' ter Bank, and at the
-Banque de Credit Foncier et Industriel, Brussels,
on and after Monday, the 30th instant.
e first annual general meeting of the London,
'Tikll, and Adriatic Steam Navigation Company,
via. be held on Tuesday, the 24th instant ; the
transfer books will be closed this day (Monday),
41 after the meeting.
The first drawing of the Egyptian Loan of 1864,
~Luch was issued at 93 per cent., amounting to
tr,500/., will take place at the Bank of England, in
presence of the properly appointed officers, on
15th February next, and will be redeemed at
par on the Ist April.
Is' At an adjourned meeting of the creditors of John
tia'an and Son, merchants and clothiers, of 153,
toeundsditch, yesterday, it was resofve,d to accept a
I,.TaPesition of 6s. in the pound, payable as follows,
is• in cash within one month from the date of
foa-testate being taken out of bankruptcy, ls. 6d. at
c'uths ls. 6d. at eight months, is. at twelve
moue
and ls. at 18 months, the last two secured.
and re first ordinary general meeting of the English
da,y, reign Credit Company will be held on Mon-
the 6th February, at two o'clock, to receive
deela
rectors' report and statement of accounts, to
the
o a dividend, and for the general business of
sharecr InPanY• A call has been made of 21. 10s. per
PaYable on or before the 31st inst., at the
Are Bank and City Bank.
helq„,the half-yearly meeting to-day of the share-
ehajx7s ef the City Bank, Mr. Peter Bell in the
the liabil report, which was adopted, stated that
six 1,1 ti report,
and assets and profit and loss for the
I2ayltentexithc, to 31st December last, show, after
accounts of interest on current and deposit
Which ' a gross profit of 79,9331. 15s. Bd.,
frosl last added to 7,969/. 17s. 9d., brought
h
This
alf year, makes a total of 87,9031. 13s. sd.
l'esult, after providing for current expenses,
.tiis4,_'uld doubtful debts, rebate of interest on bills
tionlilted not yet due, and the half-yearly deduc-
Z" Irora the building account, enables the directors
eclare the usual dividend of 61. per cent. per an-
-4_11C,17, on 500,000/. the present paid-up capital of the
olk and a bonus of 1/. 10s. per share (together
ccii.2
, and altol2l. per cent. per annum), free of income-
newto carry forward 4,6851. 9s. 11d. to the
proa and loss account. The dkectors regret
that the late severe commercialicrisis has not passed
Without entailing considereabilt
they
have, therefore, decided tO:reeseorvnethae
sbumanknf;
30,00 which they believe will to meet any deficiency which may eara:eply sufficient
now in course of liquidation. upon estates
The half-yearly report of the London Financial
Company has been issued, from which it aears
thatr
xpenses of the half-
after deducting pp
the current e
Yea and rebate of interest at the rate of 6 per cent.
Per annum, the directors are enabled to recommend
the payment of a dividend at the ratee of 5 per cent.,
wit a bonus at the rate of 10
pwilrl the
!un, free of income-tax ; there enntPerana-
cnalance of undivided profits of 40,063/ Bs. slamto be
and
forward to next half-year. The dividend
_44( bonus together amount to 11. 2s 6d. per share
the old, and 18s on the new shares--hence-
iortk the • 9d.
oue distinction between the old and new shares
Will Cease, the same amount (15/. per share) being
A
paid up on each description.
dividend is recommended by the directors of
theo'er
Victoria (London) Mining Compan ss. 3d.
share y, of, free of income tax, being, with the dig-
Iribution last July, at the rate of 35 per cent.
The Port Phillip and Colonial Gold Mining
Company are to pay a dividend at the rate
of 2s.
per share, being 10 pefi cent. on the original capital.

At Paris, this morning Two O'CLOCK.
, according to Mr. Reuter's
telegram, the 3 per Cents.
and in
were 66f. 80c. ; flat.
There has been only a very limited bus
pricese th
the English Stock Market to-day,
Funds have receded about *per cent. In the o business
in
other
r
departments, however, there has been more anima-tion, and a large number of time dealings entered
into. Consols for money are 89i 4, and for the
account 89i 90. The New Threes and Reduced
Annuities are 884 89 ; the 21 per Cents., 1894,
711 ; Red Sea Telegraph, 194,,ex div. ; Exchequer
par to 4s. prem. ; India 5 per Cents., 1031 N :
4nd do. 4 per Cents., 981.
In the Foreign Market there is not much anima-.
~ti°ll, and prices have been rather depressed.
Turkish 6 per Cents., 1862, are 70i 71; ditto
vokonsolides, 50
Greek 1 ; Mexican, 27i I ; do. New, 26+ ;
,24 ; Spanish Passive, 331 ; do. Certifi-
taleii, 1411 ; Portuguese, 47 ; the Confederate
l'-"an, 56 58 ; Egyptian, ; Danubian, 1 dis
par
; Montevidean, 3 1 prem. ; Italian 5 per Cents.,
4i ; and the New Loan, 11 / prem.
Ile transactions in the Railway Share Market
iiiitalre been limited, and prices have in several in-
ances shown a downward movement. Great
4nd erthern and Metropolitan have each declined 1/.,
_a Great Eastern and Lancashire and Yorkshirech ss. South-Eastern, however, have advanced
102.
In the Foreign and Colonial undertakings there
%material change.
.:.sti;k4'Bankmoderate
and Miscellaneous Shares have continued
t 0
nu _ll derate request. Alliance realise 341
nalan;
Joint Stock, 7National 51 • Provident of
d
7 155 ; London Financial 23i ; and
Pearand Oriental Steam, 80i ; City of Milan