The Sun.
London, England, 1867-12-06 00:00:00

AND
(10MMERCIAL INTELLIG)tsi-CA

TWELVE O'CLOCK

In the general discount market there continues to
b° a fair i nquiry for accommodation, and the rates
current fur the negotiation of first-class short-dated
Paper are only slightly under the Bank minimum,
ranging from 11-1 to 1-1 per cent.
A loan of £925,000 in 6 per Cent. Bonds was
issued yesterday for the province of Nova Scotia, re-
deemable on the Ist January, 1886. The amount
was immediately subscribed at par, on the notice
being issued. The money is required for the Truro
and Piston Railroad.
1110 Bavaria from New York has brought
£21,000 in specie.
Annexed are the latest quotations of bullion :-
13ar
,o gold, 77s 91d per oz. standard ; do., Parting,
doubloons, Spanish, 75s 6d to 76s ; do.,
Mexican and South American, 73s ; United
States
eagles, 76s 41; bar silver, 5s Old to 5s Old
dO., containing gold (5 grains and upwards), 55 ld ;
dollars, Mexican, 4s lld ; cake silver, 5s 51-d.
„The committee of consultation of the London
inancial Association (Limited), appointed by re-
solution adopted at the meeting held on the 7th
,October last, have issued a very elaborate report on
the affairs of the institution, which, taken as a
Whole, is favourable.
Messrs. Baring Brothers, and Co. have received
a, remittance of £257 on account of the New
Granada Debt, from the Custom House at Car-
thagena.
t The Lincoln Gold Company have announced
r°-457 that applications for shares can only be
re dal
up to Tuesday, the 10th inst., for town
uplieations, and till the next morning for country
btseribers. It is satisfactory to see that there
15. florae diminution in the distrust evinced by the
investing
public, but we feel assured that it is
o
~,IIIY Well investigated, and working enterprises
te the one to which we refer will meet
:with support. u A large number of shares has
Sul n already subscribed for, and immediate re-
el ta' 04 au extended scale, may be confidently
pected•
rea'ile following official letter has been published
Petting the consolidation of the New Zealand
Public debt :
" °face of the New Zealand Government Agency
31 Adelaide-place, King William-street,

Dec. 5, 1867.
bm;," 811'1-4 beg t inform you that I have by this
0-2 received oinformation from the Government of
Zealand, to the effect that two Acts, the
Public Debts Act, 1867,' and the Consolidated
Wtati/I'ket, 1867,' have been passed by both Houses
e„lJegislature
he object of these Acts is the conversion and
to t.4ullciation of the provincial loans into one loan,
acalled ' The New Zealand Consolidation Loan,'
eitil4e4l_moneys borrowed thereunder are to form a
of xbe_urj2,on the consolidated revenue of the colony
4ealand.
get From the date of the passing of these Acts, no
• or ordinance which may be passed by any Pro-
e
raisin °lined of any province in New Zealand for
the g anY provincial loan, or for the guarantee of
i,PiaYelent of any interest or subsidy, will be valid.
am, sir, your obedient servant,
(c „ " JOHN MORRISON.
're). pro Alexander Morrison,
" Joseph Sawyer."
At the meeting held to-day of the Peninsular and
thr.le,lital Steam Navigation Company the report of
an; uirectors was presented. It stated that the total
Year of capital paid at the end of the financial
w,
tiebr, L's £2,579,835, and the amount borrowed on
bal 1'11r" Was £726,600, Since that date the
he,,a,,e of the debentures, namely £73,400, had
3,e-' 'sane& The operations of the past financial
totr on unfortunately produced a result which
frig enlY precludes the directors from recommend
117. anY dividend, but shows a considerable loss.
of 631 however, arises mainly on the business
;eo4„,„rieet.,:,:tstraScieX, months of the year, and this fact, apart
es„_- the altered prospects of the company under the
is so far satisfactory. In the half-
was report the directors announced that there
extei:ll excess of expenditure over receipts to the
for .h. °' 436,000, without making any provision
fogsLtlirance or depreciation. At the meeting it
stated by the chairman that the usual charges
Ivoelillaslirallee and depreciation for the six months
The brought this loss up to about £153,000.
and totalsss for the year, after charging insurance
adve'ePreciation, is £177,047 2s. 4d., so that the
rester movement has been to a great degree ar-
also, eleee the last meeting. An appendix was
Atead at the meeting respecting the new contract.
tha,ehee extraordinary general meeting of the
Qoal ceiclers of the China Steamship and Labuan
ekes Comers
(Limited), held yesterday at their
Was ' -cithelburgh House, Bishopsgate-street, it
the a„e:elved that no steps should be taken to get
conreellient of November, 1866, sanctioned, and
jag ateittee was appointed for the purpose of buy-
oe„npar
h -erwise acquiring the property of the
et the -07' Which will be brought to auction by order
;every RlT°lirt of Chancery, on the basis of giving
Qittre -"areholder the option of taking any further
taht therein.
clerie, se, '‘oreign and Colonial Produce Markets,
llital"Qe last few days, there has been very little
,114.41;1e:1,.1,' and, in most instances, rather lower rates
hile oni" current. Sugar has been a shade cheaper,.
foroed suPerior qualities of coffee have main-
uareb, former values. Rice has sold slowly at
‘)4tlilatPrevic'es quotations, and tallow remains
Ilresoet "Y. quotable change as regards value for
The
taed forward delivery.
tr,the IveeLrafne returns of the Ottoman Railway for
4. ea •
1,152 ng 17th November, 1867, amounted
n,4481),,,,14468. 101 against £1,017 9s. sd. at the
kldi-ea ging Period last year, showing an increase
'. sd.
t recureek e from the Bank of England for the
+0 ending the 4th of December gives the fol-
"telt • 'erilllts when compared with the previous
1'414,
other de :" £3,039,135 Decrease 531,553
her
deposits posits
...
5,330,734 Increase 286,252
t)()4 tlie ..• 18,607,007 ... Decrease 725,763
oLt-Nriell?ther side of the account :
i,e4tQl• 400143 i eenntles £12,319,203 No change.
l'Oe 8 • • 16,786,002 .., Increase 168,088
Th triDloyed
~sih Neon ... 11,760,715 Decrease 627,900
bh,l se . of notes in circulation is £23,842,570,
lies i increase of £291,210 ; and the stock of
'44 at: enth
„ departments is £21,717,442, show-
t4tBe of £341,126 when compared with the
sw3,
.g return.
of th J°4led is a
to
comparison of the present position
11 the tor of England and the price of Consols
11
res Ponding week of last year:--
b4llio,
Game Week
's° At Present. last Year.
ot,"111 ' £21,717,442 ... £18,237,044
', "* ... 12,874,872 10,523,869
di800111:attort
..• 23,842,570 ... 22,713,175
Thq 2 per cent. ... 4 per cent.
epdiThe recur ••• 93 881
Aare to.d of the Bank of France for the week
ay
44%.,., with th 11°vv8 the following changes as corn-
qse • e previous accounts :—There is an
4to
the cash •
541.1ata 42 in hand of £740,000, in private
take's the ad ,°°o,iu the Treasury balance £20,000,
Lilkll place .velloes £40,000 ; while a decrease has
'l4/ee 'lll the n°tes of £506,000, and in the
Ll'eci of £264,000.

Two O'CLOCK.
14 the ka k
Lee 4
r et for English Securities there
few
%trat,_ 4 continuance of dulness and apathy,
IZetic'l,44 of importance having
beie:n4l have declined per cent., the latest pricesu place...
1,17 'N 93 for rnoney, and 93 if for ttahkeeancconuti.
ti 4 3„3,41v Threes are 921 i 3 • Reduced
till, `„1 i; New. 5 per Cents., 102 ; Exchequer.An
;e11t,41 dla• Preto ; Bank Stock, 243 ; India 5 per
tita.ee),ll.l2.i. 113 ; ditto 4 per Cents., 4 1
03 a ;
1001 100 ;
Oitto ,' ditto, 88+ ditto 5 per Cents., 4..
to 6,0 u.l Per Cents 1094 • and ditto Bouth) '"
~.1 „i„ Cents )
Tile i 44' :A4ci °reign Stock Market has been depressed,
talijt,,le" in most instances have given way.
i• 8 " "ve declined I, to 451 i ; Mexican +, to 15,.
itio 11.3.411i1l PaF3sive i to 25+ ; the 3 per Cent
) toe 0-10tb, to 351 a ; and Turkish 5 per Centsa.
ukZ i Orreek Bo n4da, however, have advance
•