The Sun.
London, England, 1867-05-11 00:00:00

ONEY MARKET

A ND

11011.114ERCIAL I,NTELLIGENCE,

TWELVE o'CLocK.
The Money Market for the week has closed very
quietly, with an appearance of greater easiness.
There is still a considerable supply of capital await-
ing employment, and there is every reason to believe
that the reserves, both of the Bank of England and
the Bank of France, will continue at a high point ;
it is therefore not thought that any material change
in an upward direction will be yet experienced in
the principal -markets of Europe. The current rates
range between 21 and 24 per cent. for the finest
qualities of mercantile bills, and the loanable
value of money at the Stock Exchange from day
to day on Government Securities is from 1 to 1I
Per cent,

The specie movements during the past week have
been on a rather limited scale. The imports, which
have amounted to about £173,110, have included
£36,980 from New York by the Deutschland,
£61,900 by the City of Baltimore, and £15,000 by
the Borussia ; and the Syria, from Alexandria, has
brought £4,500. £2,700 in silver has been received
from Portugal, and £52,030 from the Continent.
The exports have been £15,750 to the Brazils by
the Seine, and there have been remittances to the
Continent, through private sources, estimated at
£219,824, the total amounting to £245,574.
With regard to the new Tunisian Loan, it ap-
pears that the operation will be brought out by
Messrs. Erlanger, at Paris, at the price of 63 in a
7 per cent. Stock.

It is announced in letters from Paris that the
house of Rothschild and the Credit Foncier are to
advance to Italy 300 millions of francs, secured on
the Church property.
There were no gold operations of importance at
the Bank of England yesterday afternoon.
Atlantic and Great Western Railway Debentures
remain steady at 32 31, and the Consolidated Mort-
gage Bonds have advanced*, to 24 22.
A new company, called the Anglo-Italian Mining
company, requires a capital of £25,000, in £12,500
shares of £2 each. Its object is to develope and
work the gold mines of Rassa, situated in the
province of Novarra, Italy (and 'other mining
properties in Italy), • authority for the right
of search over a very extensive area having
already been obtained from the Italian Go-
vernment. There is abundant water power
available for the works, free of all charge. It is
stated that four large lodes of gol.l bearing ore
have been found, and the grantee is so satisfied that
large profits are to be realised that he has
entered into an agreement to transfer all his rights
without receiving any payment until the share-
holders have received from bowel fide profits a divi-
dend of not less than 20 per cent. It is agreed
that upon such distribution he is to receive £lO,OOO
in Cash, or the option of shares to that amount.
The confidence of the grantee is farther shown by
his having subscribed for 250 shares.
A circular has been issued by Sir C. R. M. Jack-
son, chairman of the committee of investigation of
the London and Brighton Railway, giving an ac-
count of the proceedings and resolutions proposed
at the general meeting, and stating that the com-
mittee think it more necessary than ever in the in-
tefest of the shareholders to press for the adoption
of their resolutiots- in its integrity, and therefore
earnestly request the attendance of the shareholders
at the International Hotel on Saturday, Monday,
Tuesday, or Wednesday next, to vote-against the
ehairmau's amendment.
business in the rice market during the past fort-
,,;
'gilt has been as previously, viz., a good demand
for floating cargoes, especially for those near at
Land, but au almost total neglect of parcels on the
;11`3t the stock, however, is so small that the very
Ihnited demand still causes a gradual rise in price.
Bengal rice continues in demand, and the bulk of
the arrivals have been, "ex ship," for immediate
le.°l'somption, without appearing at all in the stock
il,,Sts• The present price of good to fair Bengal is
pa. to 183. 6d. per cwt. middling, 16s. to 17s. ;
broken, 14s. to 15s. ; Rangoon, 12s. 3d.-to 12s. 9d.

Two O'CLOCK.
Atcording to Reuter's telegram from Paris to-
day the French Rentes were 69f. 12c.
Rather less buoyancy has prevailed in the English
stock
Market, and a alight decline has taken 'place
121 Consols, which are now 91i 92 for money with
the dividend, and for the account ex the dividend
they
are quoted 901 1, showing in the latter instance
A decline of 1.
The New Throes and Reduced Annuities are 90 ;
1,
;reneguer Bills, 21s. to 265. prem. ; Bank of Eng-
'and Stock, 251; India Stock, 218 219 ; ditto 5
Per Cents, 1104 1111 ; ditto 4 per Cents., 1081
dir• ; and ditto, Bonds, 48s. to 525. prem.
In the Foreign Stock department prices are very
'jai- Italian have advanced-a, to 521 ; Greek 1, ,
? 131 ; Spanish Certificates 1, to 131 14 and
Turkish 5 per Cents., 1, to 30 Spanish Passive
are steady at 21 1 ; and Russian, Chilian, and
Danubian Scrip remain at former prices.
In the Railway Share Market there has been very
little animation, and in a few instances prices have
ruled a shade flatter. Great Eastern have declined
and Great Northern, Midland, and North
Eastern (Berwick), each 1, while Lancashire and
Yorkshire have improved 1, and Brighton, I.
The Foreign and Colonial lines show no mate-
rial variation. Great Luxembourg are dealt in at
91 South Austrian and Lombardo-Venetian at 15i
1; Great Western of Canada at 144 1 ; and Great
Indian Peninsula at 1084 109.
Miscellaneous and Finance Shares have re-
without material variation. Anglo-American
Telegraph, however, have delined to 181, and
Atlantic Telegraph 8 per Cents. to 90. Telegraph
Construction and Maintenance have improved to
161
1,, 17- Hudson's Bay Company are marked
16i, and Viceroy of Egypt's Mortgage Loan,

:ktnerican Securities have advanced. United States
A 20 Bonds are 72 1, a rise of j. ; Erie shares, 42i
'3l a rise of I ; and Illinois are firm, at 76
et Tiallk Shares have remained very inactive, but at
9:447 rates, London and Westminster being marked.
1,1 931 ; Imperial Ottoman, 82- ; Bank of Austra-
"4l4) 60i 61 ; and Union of. London, to 391 f.

MINING

MARKET.
SATURDAY AFTERNOON.
prices :

• •
4ainexed are the latest
ech,lvertou Moor 5l 5}
uoutale Gold
C a
.ao Am l, mate 5 64
East
Eastl3aa ill 'a l6 18
'-'4Bt earsoeßrea —
-Nut Cara on s_l Li.
...,‘,3et Lovell
.-;.„'4Bt Fussell
f-,«ll:stWheal Grenville 21 2i
~-treeat Laxey
18 19
,A`, at Retallick

Marko Valley, -1 41
North Crofty
North Retalliok
Prince of Wales 52s Od 54s Od
Providence Mines .' . 29 31
South Caradon 330 340
Tincroft
West Chiverton 661 68
West Soton
Wheal Chiverton —
Wheal Basset 671 721
Wheal Beton ll2l 1171

BRITISH FUNDS—CLOSING PRICES.
a 4OVERNMENT FUNDS.
j-
I •
ont. Consols
g 0. Acconnt, June 6 9O/ I-
Isitelet Cent Roducmd 9ok t. 90
Isi: 3 per Cent 9Ol t 90
1::' 2i per Cent. Jan. 1891 —
Alli,°,*. per Cout. Jan. 1873 —
-'l"ns 30 yrs, expire sth Jan., 1880
D 0•1) for '3O yrs, expire sth April 1885 -
kzeo(ttodTolo,,,raph), Au,,.
hequer Bills, £l,OOO, o and 4' pleir (it 272 26 21 pm
lln
£5OO
Banc-
441-1)0. £lOO & £2OO —
of England Stock, 61 per Cent
11,1,1:11)4X GO yERMIENT SECURITIES.
ij34t Stock, 10/ per Cent., April 1874 219 18
o,°). Account
p„' 5 per Cent. July, 1880
t'• 4 per Cont., Oct. 1883
.00. Certificates —
0. Enfaced Paper 4 per Cent —
1): Per Cont., Jan. 1872
6- ui- per Gala., May 1879 —
I)° DeblB73
. b °, per ell , not _
4-)onds, 5 per Cent., £I,OOO
A . rOREIGN FUNDS—CLOSING PRICES.
A Ptelli'
-,,, IA t , 1" RepUbliC, 6 per Cont —
kirtt'zli`.4n bonds 5 per Cent, 1859 —
8p.14a1l 6 per Cent —
D. Per Cent., 1852-58-60
1)
~.,O. °. 1863
Dper Cent., 1865
0 0 Account 72/ 1
84,4();f1.00 Bonds — 3 21
D,, gyres 6 per Cent —
4 per Cent. (Deferred 3 per Cent.)