The Sun.
London, England, 1867-08-26 00:00:00

ONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

There is no increase of business in the market for
discounts, the transactions being of an exceedingly
limited character. The rates are as easy as ever,
and there are no signs of any impending change.
The sum of £6,000 in bar gold was taken to
the Bank of England on Saturday.
It is stated by telegram from New York, dated
24th inst., that the shipments of specie for Europe
in steamers leaving that day amounted to about half
a million dollars.

The accounts from the manufacturing districts
for the past week state that rather more animation
has prevailed in most departments of trade. At
Manchester, however, dulness has prevailed, and
Owing to the unfavourable advices from the East
Indies prices of both cloths and yarns have given
way. In the woollen districts of Leeds, Bradford,
and Huddersfield operations in autumn and winter
goods have been to a fair extent at fully previous
values. The hosiery and lace trades of Leicester
and Nottingham have been seasonably heavy, while
in the hardware districts a more cheerful tone
has generally prevailed in most departments of
business.

The Supplies of new home-grown wheat on offer
111 the Cora Market to-day were exceedingly liberal,
but there was very little inquiry, and quotations
Were fully 2s. to 3s. per quarter lower. Foreign
Wheat also experienced a decline of about I.s. to 2s.
Per quarter.

A notification has been issued by Messrs. Baring
to the effect that they are authorised by the Spanish
Government to carry out the conversion of the seve-
ral classes of the Passive Debt. If the conversion
be made within 30 days the new bonds will carry
interest from the Ist of January last. If it be de-
ferred till after the 24th of September they carry
interest only from the Ist of July next. On the
31st of December the conversion will be closed. The
terms offered are those that were unhesitatingly
rejected at the recent meeting of bondholders.
Atlantic and Great Western Railway Deben-
tures remain. at 23 25 ; and the Consolidated Mort-
gage Bonds at 20j. 21i.
With regard to the tea market the following is
fr°ra Messrs. Layton and Co.'s circular :—The tea
Market during the past fortnight has continued in
very depressed condition, and prices must be
quoted lower for all descriptions. The tele-
grams received from China, reporting large
shipments, have produced increased heaviness, espe-
cially in the finer grades of Congou, which show a
haaterialdecline, whileat auction the medium to good
qualities, both of black and red leaf, have gone at
a reduction of Id. to 2d. per lb. The business by
Private contract is, perhaps, rather above the
average, owing to the decided willingness of
holders to realise old stocks, but the actual de-
mand is very moderate, and, notwithstanding
the satisfactory deliveries, home buyers are with
difficulty tempted to operate, unless at still lower
prices. Common black leaf congou for export
is worth llid. ; clean to medium kinds sell
Slowly at to ls. ld. ; fine Monings, 4, without
reserve,,,brought is. Bid. to is. 9d. per lb. Public
sal es commenced on the 20th inst. and only con-
cluded yesterday ; 22,005 packages were offered,
21,356 " without reserve." - The biddings were
ogc Congou,
void of animation, and in all descriptions
liv&h.e
I h went only Id. to id, per lb. lower,
th
the
o "cti"B.
Common Japan green teas, and
scented orange pekoes, were also rather
cheaper, There have been no arrivals to this port
since
our last. The stock of tea in the United
,
Kingdom,
the Ist instant, was estimated at
82,077,0001b5., against 95,037,0001b5. last year.

Two o'CLocK.
(tar,
According to Reuter's telegram from Paris to-
the French Rentes were 69f. 65c. Flat.
Ile dulness of the weather, the absence of so
largo
.a Proportion of the City frequenters, and the
seeming indisposition on the part of the public to
Peculate freely, there is for the moment less buoy-
ancy in the market for stocks and shares. Consols
the
nearly lower, at 941 for the account, but
61
. position of values upon the whole must be con-
tact particularly particularly steady after the recent impor-
tant advance.
The New Threes and Reduced Annuities are 941
I\Tew 2
to 3°13 1 per Cents., 77f ; Exchequer Bills, 275.
. Prem. for March, and 30s. to 275. prem. for
June ; and India 5 per Cents., 1131 13.
c
_ onti Then Foreign Department of the Stock Exchange
4ues inactive. Italian have declined to
Spanish Passive, 1, to 20/ 1; Certificates,
t, to 15
1 ; U - 161; and Turkish 5 per Cents., it, to 34
exican remain at 14} 1 ; and Greek at 13
_ the Railway Share Market there has been
_ern
little business entered into. Great Eastern
tlhave declined Midland 1 South Eastern i)
e.tropolitan 1, and Great Northern A Stock 11,
e --A
aneashire and Yorkshire have improved
Great
Western 1, and North Western 1.
chaThengeare
are
• South Austrian and Lombardo-Venetian
marked 151 1, East Indian 109 i, Great Indian
eninsula 109/ and Delhi 104.
American Securities present very little variation
lOf Importance. United States 5-20 Bonds are
,;(3,Nver, at 731 ; Illinois, however, are 1 higher, at
; and Eries 1, at 441 45k.
Bank shares remain very quiet. Westminster are marked 74 72 London andl ; London
County, 55 56 ; Bank of New Zealand, 17i ; and
and
Consolidated Bank, 4il 1.
Miscellaneous and Finance Shares show no change
of importance. Peninsular and Oriental Steam
haven declined to 48 ; London General Omnibus
CoPany are steady at 21 9-16th ; Hudson's Bay
.11Pany at 15 ; National Discount Company at
1; and Royal Mail Steam at 91.

MINING MARKET.
MONDAY AFTERNOON.
//usiness in the market to-day opened with a great
deal „:
,
- " animation, and there has been a good de-
ellrre naand
'or the principal shares. Annexed are the
nt '-
quotations :____
Chivert
chont
,011 Moor ...... 4} 51
elitrora,,les Gold .... . . si• 51
Ekgt Bagu-Iknialgainate 6i 7
Ea et gset ........... 16 18
tasi 'ftr4doo ... 55f
4.b_B Lovell .......... 6 6i
.Brct Rii.sen ........ ii it
n` at
LaleY .... .......
18 19
\-1,r...e11t Itetalliek .......
1
)43..1 Wheal Vor ..... Xl6} 17
ei,,,,0 o Valley 1
-
rtt, 0._,, ......... o
- 'ulty ......... 3 3

North Treskerby l} 11
Prince of Wales 46s 48s
Providence Mines ... 27 29
South Caradon 350 375
Tincroft l2l 13}
West Chiverton 651 66f
West Seton ISU 160
Wheal Basset 65 70
Wheal Grenville lOs 12s 6d
Wheal Chiverton 6i 7i
Wheal Grenville lOs 12s 6d
Wheal Seton

, tRITISII FIJNDS—TWO O'CLOCK.
a NI°VEIINMENT FUNDS.
941 i I
Per Ceot. Consols
110
_
B ~°. Account, Sept. 10
941- -1
1,45er Cent. Reduced
94-/- i
li W 3,it'er Cent .............................
7,*,
ll° -2- per Cent. Jan.• 1894
••
a °• 6 Per Cent Jan 1873
-11nuities, 80 y- el expire sth Jan., 1880 -
11):10',f,c,,r 30 y-rsr, 'ezpire sth April 1818 A _
Juno.
e.l-Kod Sea Telet,raph), ALIO.' 19 Mara'.
___ pm
k.:k
—pm —pm
Olequer Bills, £l,OOO
Bank
It)). '
£5OO
_27 i3)oluPg
27 pin
11E` of tuglandf '-t('-'0c1c.,4.401)0r Cent
-0;
4te'euut
t4l)-Au GOVERNMENT SEOTJIIITBIES4
.......
DOV toctr., 101 per Cent., April 17 •
Ti• Account
113- .
13
-,0, k ,
bo. :i Per Cent.
Oct, 1880 ........
, Pgr Cent., lBBB
0:: C‘ertifiestes
.1-30 Lt Ufaced Paper 4 per Cent
b (). AulPer Cent., Jan. 1872
......
1),.,' s',l Per Cent., May 1879
"' ' Cent Rue. Deb., 1872
Doer., do. 1877
....,0, I) ;
do. 1882
00, boe°,,., 5 per Cent., Aug. 1873 —
Pm.
o. 114',V.,
,5 per Cent., £l,OOO
_. 13111
:, 41,000 .........
AI. 'r °IItIGN FUNDS—TWO O'CLOCK.
~A ttlettlltkiiilleliePtiliblle, 6 Per Cent.
_...
Qtftziba,„„ -5-4-8,,,0 per Cent. 1859
Do. d , Per Cent .........................
4t Per Cent., 1852-58-60
.0 1)0,
1863
121-013•45,epoe,r_Cent., 186
5 --:
N - 0 dtTr ...............................
__
111 „ 41-
unds
Ls) Ayres 6 per Cent...........
2 Per Cent. (Deferrld 3 per Cent.)