The Sun.
London, England, 1867-12-11 00:00:00

711 E LATE DISASTERS AT SEA.

PADSTOW, CORNWALL, Dec. 9.
&.,1)1Iriog a fresh gale from the N., with heavy
elt,lllls last night (states the Rev. R. Tyacke), the
tglef officer of coast guard discovered a vessel
l''randed on the Doom bar. He gave the intent-
tellee to the coxswain of the Albert Edward life-
boat of the National Lifeboat Institution. Ile at
;:lee summoned his crew, and as soon as
~.s4(ficient number of them were assembled the
,11.teboat was launched, and proceeded to
tile bar. They arrived there after being driven
seas' and
three times by the tido and heavy
Ileal.and dropped down to the vessel, when a corn-
hthnication was effected between her and the boat,
ut the line unfortunately parted and some difficulty
ties experienced in effecting a second communica-
th°,..ll°Nving to the heavy seas. Ultimately, however,
b' Was effected, and the crew of three men were
elled and brought safely ashore, the boat having
vell absent two hours and a half. In leaving the
liefsB,elthe cable of the boat had to be slipped. The
ofeut3at shipped several seas, and once the whole
,11 the starboard oars were knocked out of the
buts hands, and would have been lost
the f°l' the lanyards attaching them to
the boat. The lifeboat behaved very well, and
Great
acted with perfect discipline and coolness.
kxreat credit is due to the brave crew of the Pad-
olifeboat, as some of the men who were afloat
r her en the occasion went through that fearful
pebeal of being upset from the boat on the 6th of
-h,r,llary last. They were then three-quarters of
tclie.frern the land, but they succeeded, having
di:lifebelts on, in reaching the beach under great
11:leulties and dangers. It is also a proof of the
liLabbated confidence they have in their valuable
chan'°4t7 whizh they have positively declined to ex-
--ge for any other that could be given to them.
DROGHEDA, IRELAND, Dec. 7.
here Schooner Mountaineer, of this place, bound
ba;e.frora Ardrossan with coals, in running for the
(41111 a fresh gale from N.E. and heavy sea, was
Favett on shore on the South Bull (reports Mr
vas ell, the officer of coastguard). As soon as this
tif4"klllllvii at the lifeboat station of the National
rea*Vat Institution the boat was launched, but on
killeulng the spot found that the crew were deter-
to hed to remain by the vessel, as she did not appear
fal3b.a.ve Sustained much damage and the tide was

MONEY MARKET

AND
qOMME.ROIAL INTELLIGBNCIL,

TWELVE O'CLOCK.

There has been rather more inquiry for accommo-
dation in the general discount market as usual at
this period of the year, when preparations are in
progress for the settlement of the twelvemonths'
account. The liquidation of the account in Foreign
Stocks and Railway Shares has also commenced,
and will, no doubt, cause a greater demand for
money. The rates current being nearly equal to
the Bank minimum, although there have been ex-
ceptional transactions at 1i per cent.
The shares of the Anglo-Argentine Company
were to-day quoted at kto premium.
With regard to financial matters, an important
calculation has been made with respect to the specie
held by 24 of the principal establishments in
Europe, including the Banks of France, England,
Prussia, Austria, Spain, &c., and 24 local Prussian
banks, amounted at the close of October to
£104,414,439, as compared with £108,304,039 at
the close of September. The securities held by
these establishments at the close of October
amounted to £109,133,003, against £106,829,080
at the close of September. The loans made at the
close of October were £86,946,423, against
£86,900,362 at the close of September. The note
circulation was £181,716,501 at the close of
October, against £177,297,821 at the close of
September. The deposits were £117,736,890 at
the close of October, against £121,588,342 at the
close of September.
A dividend at the rate of 6 per cent. is proposed
by the directors of the Ceylon Company (Limited).
The report to be presented on the 17th instant
shows an available balance of £13,773, which, after
payment of above dividend, will leave a balance of
£4,398 to be carried forward.
The liquidators of the Royal Bank of Liverpool
have made a call of £lO per share on the ordinary
and of £lOO per share on the preference shareholders.
The latter, however, propose resisting the payment
of the call.

The annual report of the Crystal Palace Com-
pany, issued preparatory to the meeting to be held
on the 18th instant, states that the result of the
year's working for the twelve months ending Slat
October last, shows a balance to the credit of
£44,588, which, added to the sum of £3,272 carried
over last year, gives a total of £47,860. After pay-
ment of the dividends on the debenture and pre-
ference stocks there is a net sum of £15,956. Out
of this amount the directors propose a dividend of
1-1 per cent. on the ordinary stock, leaving £916 to
to be carried forward.

At the meeting held to-day of the African Steam
Ship Company the report for the six mouths ending
31st of October last was presented. The accounts
showed that after providing for the usual deprecia-
tion and all current expenses, and forming a fund
to meet the cost of the ships contracted for, a balance
of £6,728 13s. sd. remains. Out of this balance
the directors proposed the payment of the usual
dividend of Bs. per share, for the half-year ending
31st October. From the sum remaining the direc-
tors, after full consideration, recommend an addi-
tional payment to be made of 2s. per share, leaving
£1,224 13s. sd. to be carried forward to next half-
year's accounts. While making this recommenda-
tion, the directors desire to point out that although
the last half-year's operations have enabled them to
recommend this additional payment, its continuance
must of course depend on the result of the future
operations of the company.
At a meeting held to-day of the St. John Del
Rey Mining Company the report of the directors
was presented and adopted. It stated that the
directors had the satisfaction of recommending a
dividend at the rate of £4 5s per share, free of
income tax, and they will carry, as usual, 10 per
cent. thereon to the reserved fund. After making
these payments there will remain to be carried for-
ward to the next half-year £3,009 13s 10d, out of
which the income tax on last year's profits at 5d
(£2,281 9s 10d) has to be paid. The cash in
England on the 30th Noveaiber amounted to
£85,576 15s 3d, out of which the sum of £81,425
has to be paid for drafts running and dividends. In
Brazil the cash amounted on the 30th of September
to £14,788 7s 3d to meet the expenditure of the two
following months.
Messrs. Alex. Collie and Co.'s weekly circular
with respect to the Manchester markets states as
follows :—" Immediately after the issue of our last
week's circular a visible improvement took place
here in sympathy with a recovery ix price and
large transactions in cotton in Liverpool. Although
a fair amount of business continued to be transacted
up to yesterday in some classes of shirtings the in-
quiry has not been general, and in consequence
prices and demand have again relapsed to a par with
those of this day week."
The Lincolnshire is announced to have sailed
from Melbourne with £336,000, and the Kent with
£130,000.
The tenders for £140,500 of South Australian
Government Six per Cent. Bonds were opened yes-
terday. The number of tenders was 120, amount-
ing to £765,700, at prices varying from £92 10s. to
£lOB. There was an amount of £85,700 below the
minimum and £680,000 above the minimum, which
was declared to be £lO5. The tenders at and above
£lO7 3s. will alone receive allotments.

The tenders for the £500,000 6 per Cent. Bonds
of the Metropolitan District Railway on the 20th
inst. are to be at or above par, which is fixed as the
minimum. The share capital over which these are
to ride is £2,250,000.
It is reported, in connexion with the examination
of the luggage of passengers from the Continent at
Charing-cross Station, that some of the Custom-
house officials are endeavouring to induce the Board
of Commissioners to return to the old system of
having one piece in every lot examined, instead of,
as now, only one or two pieces in every 10 or 20
lots. The present method saves time, and is au
accommodation to the public. It is believed also to
work extremely well. Hence, unless the Board are
prepared to justify the proposed backward step as a
matter of imperative necessity, it is likely to be met
by a general protest from all the travelling and
commercial classes.

The report of the Ceylon Company (Limited)
to be presented on the 17th of December, shows an
available balance of £13,773, and proposes an in-
terim dividend at the rate of 6 per cent. per annum,
which will absorb £9,375, and leave £4,398 un-
appropriated.

Two o'CLocK.
According to Reuter's telegram this morning the
French Rentes were 69f. 45c.

More firmness is apparent in the English
Stock Market to-day, a recovery of 1 per cent.
having taken place. Business, however, is dull,
both as regards investments and speculation.
Slightly higher prices from the Paris Bourse have
added to the firmness of the market. Consols are
now 9211 for transfer ; and 921 93 for the account.
The New Threes and Reduced Annuities are
921 1 I ; Bank Stock, 244 3 2 ; India 5 per Cents.,
1121 ; ditto 4 per Cents., 1001 ; Enfaced 5 per
Cents., 104 ; ditto 51 per Cents., 1091 ; and ditto
Bonds 53 prem.
In the Foreign Market the settlement of the
account is the principal business going forward
The rates of " continuation" arc easy, owing to the
abundance of money and the character of the en-
gagements that have been contracted. Compared
with the prices current yesterday afternoon, Greek
are 1 per cent. lower, at 121 13 ; Turkish 5 per
Cents. 1-16, at 33 7-16 9-16 ; and Spanish 3 per
Cents. 1-16, at 351 1 ; on the other hand, however,
Mexican have advanced 1, to 151 1; Spanish Pas-
sive remain at 251 ; and Italian, 451- 1.
In the Railway Share Market the liquidation of
the half-monthly account occupies the principal
attention of the dealers and speculators ; in some
instances, however, prices show a slight improve
ment. Lancashire and Yorkshire have advanced
1, and Caledonian, North-Western, and Midland
each I, while Great Northern and Metropolitan
have each declined !, and Brighton 1. Annexed
are some of the latest current quotations :—Great