The Sun.
London, England, 1867-07-24 00:00:00

RONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

There is no change to report in the general dis-
bount market. The rates continue easy at 14 per
cent. for the best description of mercantile paper,
and there is an abundant supply of floating capital
seeking employment.
At the Bank of England gold to the amount of
£29,000 was received yesterday.
The traffic receipts on the Atlantic and Great
Western Railway for the last week in June
amounted to $92,504, against $111,762 in the
corresponding period last year,.showing a decrease
of $19,258. The total receipts for the month of
June were $380,796, against $474,441 in the same
month of 1866, exhibiting a decrease of $93,645.
The City Discount Company, in their report to
be presented ou the Ist of August, recommend a
dividend at the rate of 10 per cent. per annum.
At the annual meeting oa Friday next of the
Westminster Palace Hotel Company a dividend is
recommended by the directors at the rate of 6 per
cent. per annum.
Atlantic and Great Western Railway Debentures
remain at 28 30 ; but the Consolidated Mortgage
Bonds have declined I, to 23 24.

The Merchant Shipping Company held their an-
nual meeting to-day, when the report of the direc-
tors showed that the profits derived from completed
voyages amounted to £19,025 ; and, although busi-
ness on the Thames had been in a very depressed
state the dockyard work showed a profit of £3,728.
The directors proposed that the dividend now to be
declared shall he £1 per share on all fully paid-up
shares, and a proportionate rate upon the other
shares (free of income tax) ; this, with the interim
dividend already paid, will amount to £10,280.
The amount carried to the reserve, insurance, and
depreciation account is £4,257 19s. 7d.
At the meeting held to-day of the National Dis-
count Company the following report was adopted,
and the dividend declared payable the Ist August :
—By the instalment paid on Jan. 1, and the final
one on March 30 last, on the new shares created in
February, 1866, the paid-up capital now amounts to
£797,880, with a reserve fund of £497,880. The
accounts for the half-year ending 30th ultimo,
Which the directors now hare the pleasure
to present to the shareholders, show that
the gross profit has amounted to £93,399 ss. 6d.,
and after deducting the current expenditure, mak-
ing provision for doubtful debts, and reserving
£21,614 Bs. 10d. rebate of interest, on bills not yet
due, there remains, with the sum of £9,527105. 11d.
brought forward from the last account, a balance of
£69,176. These results enable the directors to
recommend the appropriation of £65,676 2s. to the
payment of a dividend at the rate of 17 per cent.
Per annum, free of income tax, upon both the old
And new capital, and to carry forward to the next
account the sum of £4,699 18s.
At the meeting to-day of the Fore-street Ware-
house Company the directors proposed a dividend
at the rate of 10 per cent. per annum, free of in-
come tax, out of the available profits, which
amounted to £27,166, carrying forward a balance
of £9,117. The directors regretted that the net
earnings of the last six months would not admit of
the payment of the usual dividend on the entire
capital of the company, without trespassing on
the balance of £5,573 brought from 1866:; and
la view of the past and present stagnation of
trade throughout the world, the directors think it
more prudent to increase rather than diminish their
reserve. They believe that the shareholders will
endorse this opinion, and loolqupon a dividend of
10 per cent. per annum in the present day as a
satisfactory result of the business. The meeting
Were invited to adopt a formal resolution authoris-
ing the issue of Debentures for £120,000 to Mr.
Morrison in lieu of the two instalments of £60,000
each, payable to that gentleman on the Ist April
and Ist October in the current year.

Two o'CLocK.

Affairs in the market for the English Funds re-
main unchanged. Prices are inherently firm, but
occasionally show depression. Consols are 944 1
for money, and 941 4 for the account. The New
Threes are 931 4 1 ; Reduced Annuities, 934 4 1 ;
India 5 per Cents., 1114 1 ; ditto 4 per Cents., 981;
ditto Certificates, 99.
Very little business has been transacted in
Foreign Stocks. Turkish 5 per Cents. are 1 lower,
at 301 ; Mexican, 4, at 154 4 ; Spanish Certifi-
cates 4, at 164 4 ; and Chilian Scrip 4, at 2 1 dis.
Italian remained at 484 494; Greek, at 144;
Spanish Passive, at 214 22, and Russian Scrip, at
14 prem.
Increased depresssion has prevaived in the Railway
share
Market, consequent on speculative sales.
Great Eastern, Brighton, and Metropolitan have
!ell declined 1 ; Great Western, and Manchester,
*lieffield, and Lincoln each 4 ; South Eastern, 1 ;
Mid Great Northern A Stock, 4.
little Ii the Foreign and Colonial lines there has been
variation. Great Luxembourg are dealt in
4t 9. 10 ; Bombay and Baroda at 100 f ; Great
1 11clian Peninsula have declined to 107 ; and Grand
Trunk of Canada to 161.
hAmerican Securities have improved. Erie shares
ave further improved 4 to 47 48 ; Illinois 4, to 761
; and United States 5-20 Bonds, 4to 724 73.
Lank shares continue very dull. Chartered Mer-
cantile of India, London, and China have improved
t° 264 4, and Bank of Australia to 644. Alliance
reilain steady, at 131 ; London and Westminster
at 103 1034, and Union of London at 39 394.
Miscellaneous and Finance Shares are very in-
active, although in one or two instances slightly
enhanced rates are current. Anglo-American Tele-
graphhave improved to 184, Atlantic Telegraph
Per Cents, to 784, and Viceroy of Egypt's Mort-
gage Loan to 684.

MINING MARKET.
WEDNESDAY AFTERNOON.
Business in the market to-day has continued very
I;l4etive, and prices generally show a further decline.
cirinee of \Vales, Chiverton Moor, North Treskerby,
mreat Vor, and Tincroft were rather freely offered.
Atillexed are the latest pr
Chiverton
3,1
ICll.9_htales Goldoor
5i 5f
412 41,
East mord amalgamate 7i
BaSset lB 20
East ca. radon 5l 54
-048 t Lovell ... 61 7
East Itussell *********
lf 1
G''',44t Wheal Grenville 1
reat Laxey
Parke Wheal Vor .' l6 17
rxe Valley
c'rtb. Crofty

Ites :

N. Treskerby 17s 6cl 20s Od
Prince of Wales 528 Od 54s Od
Providence Mines ... 27 28
South Condurrow 11s 13s Od
Tincroft
West Chiverton
West P. of Wales
Wheal Basset
Wheal B uller
Wheal Chiverton 7.} 7}
Wheal Grenville
Wheal Soton llO 115

bRITISII FUNDS—TWO O'CLOCK.
00,ERNMENT FUNDS.
941 i 1
a Per Cent. Consols
•94i -1.
8 '6°' Account, Aug. 8
931 i it
Oer Cnt. Reduced
93i 1 i
New
3 per Cent
ehW 2 per Cent. Jan. 1894
A ---°' e Cont. Jan. 1873 -1141tit* Pg,r3ov 104., sth Jan., 1880
Do, for X3O 30 yr-:,s'exepxfre sth April —
I)°.cfoted Sea Tele-graph), Alio., 19°8•'.:-
march.
Ex 1.
Pm
e.equer Bills, £l,OOO
pin
Do
£5OO
Pm
Bo
Bit , •
£lOO de £2OO
.NIIK of Eugland Stock, 5} per Cent
"0. Account
hi. lxurAN GOVERNMENT SECURITIE S.
L'?l-,401 otock, 10i per Cent., April 1874.
. Account
11-
1i 1
Do, 5 Per Cent. July, 1880
981
00. 4 per Cont., Oct. 1888
99
0. Certificates
1)0
iiho• Enfaced Paper 4 per Cent
• 5 per Cent., Jan. 1872
bo. ob., 5 per Cent., Aum. 1873
pin
ip• onds, 5 per Cent., £l°, 000
°. under £l,OOO
Ar . FOREIGN PUNDS—aw
gent
_
44 . ine Republic, 6 per Cent 0 O'CLOCK.
131. "Pan Bonds, 5 per ue.c, 1859 _
tNian 5 per Cent —
D
c' 4/ per Cent 1852-58-60
~
°• De
1863
Do
t •
1)A. per Cent, 1865
''ecolint
lila o• 100 80nd5....
)34c's Ayres 6 per Cent
L,
.i? 2 per Cent (Deferred 3 per Cent.)
7j1641 6 p Cent ...................
110°• 41 Perer Cent
D. 6 per Cent A ........................
De.........................
e. 71 1867
Cal, ~, Scrip X5O paid
Illblau) 6 Per '
Cent.

Juno.
pm
pin
pm