The Sun.
London, England, 1867-02-19 00:00:00

110kTEY 11ARKET

AND
COMMErtolfil, INTELLIGENOR,

TWELYE O'CLOCK.

No change whatever is apparent in the discount
market to-day, the inquiries being very moderate,
and the rates remain the same as before. Owing
to the slight facilities offered in Lombard-street and
elsewhere the demand at the Bank is still very

Gold to the amount of 10,000 sovereigns was
received at the Bank of England yesterday.
The Atrato has brought specie to the amount of
abont £204,000 from the West Indies, and the
City of Paris, from New York, has arrived with
about £13,000.
Yesterday evening there was issued the prospectus
of the United Danubian Principalities Eight per
Cent. Loan for £1,264,420 stock, authorised by
law promulgated on the 15th July, 1866, and
ratified by a legislative vote of the 26th January,
1867. The whole sum is to be redeemed in 23
years by an accumulating sinking . fund ; the
bonds to be drawn by lot yearly, and paid off at
£100; the first drawing is to take place in Decem-
ber, 1867. Messrs. Fruhling and Goschen are the
contractors, to receive applications at the price of
£7l for every £lOO stock. Arrangements have
been made for the regular transmission of the requi-
site funds for the interest and sinking fund to this
eminent firm. The interest and sinking fund re-
quire an annuity of £121,910, whieh is secured by
a first mortgage on the yearly revenues of certain
specified State, domains, yielding an annual income
according to official returns, of about £152,000,
and also by assignment of about £90,000 out of
customs revenues, producing about .2270,000, on
which the Seven per Cent. Loan has a prior hypo-
thecation of £82,440 per annum. The price of 71
per cent., including the coupon due on the Ist
July, 1867, will be payable in the following in-
stalments :-10 per cent. on allotment, 10 per cent.
on the 20th March, 45 per cent. the 18th April,
15 per cent. the 18th May, 1.0 per cent. 18th
June, and 11 per cent. Ist July, less 4 per cent.
coupon, minus income tax. Subscription lists will
also be opened at Paris by Messrs. Oppenheim,
Alberti, and Co., at Frankfort by Mr. Augt.
Siebert, at Berlin by Messrs. G. Muller and Co.,
and at Bucharest by Messrs. S. Halfon and Sons.
Separate scrip certificates will be issued at each
place of subscription, and payment of all instal-
Ments must be made at the respective places where
the applications have been received. No applica-
tion will be accepted in London after Thursday,
the 21st inst. It is estimated that the loan is
of an equivalent value to that of the previous
financial issue for the same States. According to
the calculation the 'security, including all the ad-
vantages offered, will yield to the investor nearly
11. per cent. per annum. The undertaking has been
very favourably looked upon at the Stock Exchange,
but although there is a nominal premium of 1
there is an indisposition to deal, owing to
the small amount of stock and the numerous mar-
kets in which it is to be allotted.
abiThe
held a
English and Foreign Credit Company have
meeting to-day, when a distribution,
amounting to 5
per cent, per annum, was recom-
mended.
tha A remittance has teen received on account of
dividend on the Debt of Ecuador of 21,269
4.e, 6d.
r _Venezuela 6 per Cent. Loan, 1864.—The Gene-
ral Credit and,Discount Company (Limited) are in
re
pt of advice from their agents, Messrs. H. L.
I;ll,,tnn and Co., dated La Guaira, 22d January;
of "( I of duties collected, and remitted, on account
4,the above loan, as follows :—Per statement, No.
,
N 7,976 28c.
Puerto Cabello, $1;999 47c ; No. 5, ditto,
qv' )976 28e. ; No. 6, from La Guaira, $655 80c. ;
Mess 7, ditto, $2Bl 47c. Total, $10.913 02c.
"sts• Boulton and Co., add-4,, Our crops are
come oaling in very slowly, but they are expected to
up to a full average."
a -I.Juring the last few days there has not been much
in the Foreign and Colonial Produce
tirlk,aettis7
operations in tea having been deferred
consequent upon the public sales
commence:diYeehariactotil:ecofftradeee, -
e request at steady rates, while superior quali-
owing to the .shortness of stocks, has
commanded full values. Rice has been in more de-
and) but the dealings have been restricted
brring to the enhanced rates required by holders.
n tallow there has been a very moderate amount of
211iness, and at one time a decline of is. per cwt.
~lwag established, but a recovery subsequently took
ace, and quotations now show little variation
from those current at the close of last week for pre-
sent and forward delivery.
Atlantic and Great Western Railway Debentures
have declined 1, to 28 30, and the Consolidated
nlortgage Bonds 1, to 24 25.
At the meeting held to-day of the London and
Caledonian Marine Insurance Company the report
stated that, after payment of all claims, &c., there
remains a balance of £28,149, exclusive of the capi-
tal, up to Dec. 31 last. The directors did not think
it desirable to make any distribution.
At the meeting to-day of the Submarine Tele-
graph Company the directors recommended a divi-
dend at the rate of 6 per per cent. annum.
At the meeting held to-day of the San Paulo
(Brazilian) Railway Company the report of the
directors
was
presented, which stated that they
regret that they were unable to congratulate the
proprietors on the opening of the railway for
traffic.
The directors, however, add that " the
relations between the company, the Imperial
(10.".rnment, and the local authorities are of the
rast satisfactory character ; his excellency Sr.
ntas, the Minister of Public Works, has through-
out expressed the greatest desire to see the line
%r
ed, and has now instructed his excellency the
behalf president of the Province to open it formally on
of the Government as soon as Dr. Passos
pronounces it in a fit state."
oCreditors of the Umzinto Plantation and Trading
bef
c' pat nY of Natal (limited) must send their claims
del he 28th inst. to the liquidator, Mr. J. Wad-
trlo'adp..aatbrerleet,
zac.coc.untant, 10, Union-court, Old

Two O'CLOCK.
a Accordi„g to
Reuter's telegram from Paris to-
% the French Rentes were 69f. 570. Heavy.
British\l Ilell.pr'llness prevails in the market for the
felt - 4nds, °wino. principally to the confidence
Cons
itt the
I)(3litical policy at home and abroad.
"8018 are ,901
account, 91 for money, and 91 i for the
the latter showing an advance of ii. per
;ni-11..e New Threes and the Reduced Annuities
are
e 6
2- 1 ; Bank Stock, 252 253 ; India Stock,
; ditto 5
Cents., ,4. Per Cents:, 107} f ; and ditto 4 per
Foreign Qa_
17 have advanced i, to ]5116 ;
Greek L''''. '4°603 generally exhibit an improvement.
tie ; Spanish Passive, ito 221 i ; and the Cer-
Mexican It, to
eates .1,
3 to 141 .1 ;
but Italian have declined i, tod
5 per Cents. are firm at 301 i, an
declined cril) at 21 i prem. Chilian Scrip has
1 --, t, to iff prem.
been-11
to Railway Share Market the dealings have
siiew 7 a fair extent, and prices generally have
t0.,,_,-• la increased firmness. Great Eastern, Metro-
rutaa, ,_ ,
, "uct South-Eastern have each improved I ;
4441 'Western, 111anchester, Sheffield and Lincoln,
shire ' 4idlancleach 1 ; and Lancashire and York-
bo:lle n Porei,•;,and Colonial lines remain inactive,
jna,„p Q-reat Western of Canada are firm, and have
roved to 141.
Bator ~
1,...: - Shares continue very inactive, at about
19'17308 quotations. Imperial OttonnZn are marked
L0.46t11; London Joint-stock, 42; ; and Union of
nd°n, 45.
Iu
Ito Americanll7„ Securities Erie shares have advanced
741 '''°B ; -United States 5-20 Bowls, i to 731
V and ;
s Illinois are steady at 771 78i.
eellaneous and Finance shares are dull.
coglo-Anierican •Telegraph are marked 15f I ;
tnal Union Assurance, 3} ; Credit Foncier
of meret
--(1, 3i i ; General Credit and Discount,