The Sun.
London, England, 1867-01-14 00:00:00

NiMI MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

The Money Market has opened for the week with
a very easy appearance, the supply and demand
being about the same as for several days past. The
advices from the Continent also report easiness, and
not until the spring, when trade may quicken and
associative enterprise revive, is any material altera-

Lion expected.
There were no gold operations at the Ban k o
England on Saturday.
A small amount of specie has arrived • by the

Helvetia from New York.
Atlantic and Great Western Railway Deben-
tures have declined to 51 53, but the Consolidated
Mortgage Bonds remain steady at 41)4 401.
Warrants have been issued by the Natal Land
and Colonisation Company for the payment of a
dividend at the rate of 2s. 6d. per share for the
past half year, free of income-tax, on the: 15th
instant., at the London and County Bank.
We are requested by the Economist to say that
they much regret the substitution in their paper of
Saturday last of the name of the National Discount
for that of the National Financial Company, in a
notice to creditors to send in their claims to ,the
official liquidator for adjudication. The undoubted
credit of the former company, we feel convinced,
will not suffer by this unfortunate mistake.

The progress of business in the manufacturing
districts during the week has shown little change of
importance. At Manchester cloths and yarns have
generally been a shade lower. The woollen trade
of Leeds, Bradford, and Huddersfield has continued
dull, without any material change in values. In
the hosiery departments at Leceister and Notting-
ham there has been a better inquiry for seasonable
goods, while more activity prevailed in most depart-
ments at Birmingham, but at Sheffield and Wolver-
hampton business generally has remained very
quiet, pending the settlement of the dispute between
the operatives and ironmasters as to the acceptance
of the former of the reduced scale of wages.

The 22d report of the directors of the City Bank
has been issued, which states that after payment of
interest on current and deposit accounts, the gross
profits of the bank for the six months ending 31st
December last, including the balance from the pre-
vious half-year, amount to £71,062 18s. 5d., out of
which the usual dividend of £6 per cent. per annum,
and a bonus of 4s. per share, together equal to 10
per cent. per annum, free of income tax, is declared.
The directors of the New Zealand Loan and
Mercantile Agency Company have issued their
second report to be presented at the general meet-
ing to be held on the 4th proximo. They congra-
tulate the shareholders (and with good reason) on
the success which has attended their operations dur-
ing the past year. The net profit, after payment
of all expenses, and all interest due, amounts to
£6,225 ls. Bd., or about 12k per cent. on the paid-
up capital. An interim dividend of 8 per cent. per
annum for the first six months was paid in July,
and the directors now propose to divide a fur-
ther 12 per cent. for the last six months (making 10
per cent. for the year), absorbing £5,025 ; carrying
ing forward the balance £1,200 Is. Bd. to the next
year's account. A highly influential board has
now been constituted in New Zealand, under which
the business of the company is being vigorously
prosecuted.

Two O'CLOCK.
According to Reuter's telegram this day the
French Rentes were 69c. 70f.
At the meeting to-day of the Union Bank of
Australia the report presented showed that the
balance of undivided profits at this date amounted
to £107,248 14s. 9d., and the reserve fund to
£250,000. The dividend proposed was £2 2s. 6d.
per share, being 8i per cent. for the half-year. The
report was adopted, and the proprietors were well
satisfied with the progress of the bank's business.
Although there has been no material alteration
in values the English Funds are firmer, owing to

the api,earance of a few buyers. Consols remain
at 90991 for money and account. The New Threes
are dealt in at 90 904, and the Reduced Annuities
at 90k 4. Bank Stock is marked 250 ; and the 5
per Cent. Indian Loan, 1071.
It will be noticed that the Russian (Vyksonnsky)
Ironworks Company have settled and ratified
terms of compromise with the retiring shareholders
on an equitable basis, by giving them debentures
payable in instalments extending over three to five
years, at the option of the shareholders. This arrange-
ment seems to be fair and satisfactory to both par-
ties, and now that the recent litigationalms ceased,
the company will be able to carry on their
important and profitable business in Russia with
increased energy and success. _ _

Business in the Corn Market to-day has remained
very quiet, and both home grown and foreign
wheat sold steadily at about last week's rates.
There is very little animation in the Foreign
Stock Market. Greek, however, have advanced
/, to 14 I ; Spanish Passive /, to 22 I ; Mexican
4, to 18 ; and Italian 4, to 52i 534.
The New Russian Scrip is firm, at lf 1. United
States 5-20 Bonds, 721 73 ; Erie Shares, 45 46 ;
.n.l Illinois, 811 821.
British Railway Shares have been in moderate
request, and prices generally are a shade firmer.
Great Eastern have improved 1 ; Lancashire and
Yorkshire, j. ; and Midland, 1.
The Foreign and Colonial lines remain without
any material change.
Bank shares are :quiet. Imperial Ottoman are
marked 8, 9 ; London and County, 68 ; Union of
Australia, 501; and Union of London, 44/ 1.
In
the Miscellaneous Market business continues
very dull. Atlantic Telegraph 8 per Cents., how-
ever, have improved to 72f 75 ; Hudson's Bay
Company to 164 1 ; and National Discount Com-
pany to 114.

MINING MARKET.
MONDAY, Two o'Clock.
Annexed are the latest quotations

Cara Camborno, —; Carn Brea, 17 19 ; Central
Miners., —; Cooks' Kitchen, 11 12; East Cam Brea,
3 31 ; Drakewells, —s Od —5 ocl ; Great Laxey, ;
Chivertou Moor, 54 6 ; Chon:ales Gold, 24 3 ; Clifford
Amalgamate, 84 9 ; East Basset, 22 24 ; East Caradon,
6 64; East Lovell, 10 11; East Wheal Grenville, 21 4 ;
Great Retallack, 34s 365; Great Wheal Vor, 17 18 ;
Marke Valley, 44 4; North Crofty, 41 4 ; North Treskerby,
24 3 ; Prince of Wales, 30s Od 32s 6d; Prosper United,
4 41; Providence Mines, 30 32; South Condurrow, 15s
17s 6d; South Grenville, Os Od Os Od; Tincroft, 13 14;
W.est Caradon, 124 134; West Chiverton, 55 574; West
Frances, 0; West Seton, 125 130 ; Wheal Buller, 22424;
Wheal Chiverton, 84 9 ; Wheal Crzbor, --s —8 ; Wheal
Grenville, 27s Od 29s ; Wheal Rose, ; Wheal Seton,
135 140 ; Wheal Trelawney, 104 12 ; Wheal Uny, 2 21;
Great South Tolgus, 18s Od 20s Od; South Frances,
—; St. Ives Consols, 0 0; South Caradon, ——; Stray
Park, —s —s ; North Roskear, —; North Downs, 0 0 ,
South Darren, 0 0 ; Wheal Basset, 0 5.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
3 per Cent. Consols
Do. Account, Feb. 7 9l 90/
3 per Cent. Reduced 9o} 1 90 }
New 3 per Cent 9Ol 00
New 21 per Cont. Jan. 1894
Do. 5 per Ceut. Jan. 1873
tunuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth April, 1885 —
Do (Red Sea Telegraph), Aug.,1908 —
.xchequer Bills, £l,OOO, 4 per Cent —
Do £5OO
71 ----
pm
Do ... ... . .... £lOO & £2OO 12 rn
Bank of England Stock, 6} per Cent 250143
INDIAN GOVERNMENT BECURITIEB.
ludian Stock, 101 per Cent., April 1874... 1071
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Eufaced Paper 4 per Cent B4
Do. 5 per Cent., Jan. 1872
Do. 52 per Cent., May 1879
Do. Deb., 5 per Cent., Aug. 1873
Do. Bonds,4 per Cent., £l,OOO pm
Do. under £I,OOO
FOREIGN FUNDS—CLOSING PRICES.
Argentine Republic, 6 per Cent
Austrian Bonds, 5 per Cent, 1839
Brazilian 5 por Cent
Do. 41 per Cent., 1852-58-60
Do. Account ..
Do. 1863
Do. 5 per Cent., 1865
Do Account
Do. £lOO Bonds 721
Do. Account '
Buono Ayres 6 per Cent