The Sun.
London, England, 1867-10-23 00:00:00

MONEY MARKET Valley. The following al
tations

AND

COMMERCIAL INTELLIONNCit,

TWELVE O'CLOCK

_ .
In monetary and commercial circles there is still
a considerable degree of quietude, although in a
few instances slight symptoms of improvement have
been apparent, owing to the more peaceable aspect
of affairs on the Continent. In the general dis-
count market the demand for accommodation con-
tinues inactive,-and the fates current for the nego-
tiation of first-class short dated commercial paper
remain unaltered.

At the bullion-oflice of the Bank of England
there were no gold operations of public interest
yesterday.

At the meeting yesterday of the Atlantic and
Great Western Railway Company, after a length-
ened discussion, lasting four hours and a half, the
report of the committee was adopted.
Atlantic and Great Western Reilway Debentures
have advanced 1, to 20 27, and the Consolidated
Mortgage Bonds Ik, to 211- 22.
The itoman, steamer, from the Cape of Good
Hope, has arrived with gold to the amount of about
£5,000 ; the City of Boston, from New York, has
brought only £1,500; and the Copernicus, from the
River Plate has arrived at Liverpool with £lOO,OOO.
The following correspondence relates to the Debt
of Venezuela :

" London, Oct. 17, 1867.
"Dear Sir, —At our recent interview I mentioned
to You a plan I proposed two years ago, that the
Venezuelan bondholders should farm the customs of
Venezuela. I now beg to send you a copy of that
Plan, from which you will perceive that I propose that
a portion of the dividends receivable by the bond-
holders should be devoted to the construction of rail-
Ways, steamboats, and other industrial enterprises cal-
culated to develope the resources of the country, and
that the Government should make a large grant of
Waste land to the bondholders in compensation for
the sacrifices they are called upon to submit to.
Such an arrangement, under the sanction and
guarantee of the British Government by an inter-
national convention, would not only secure to the
British creditors the gradual payment of their claims,
but would promote, at the same time, the interests
of Venezuela by establishing a sound system of the
finances of the country highly beneficial to her
nredtt and commerce. Soliciting the favour of your
kind opinion on my project, I have the honour to
remain, dear sir, yours, &c.,

(Signed) "J. GERSTENBERG,
Chairman of the Committee of Venezuelan
Bondholders.
" To Mr. G. Fagan, her Majesty's Charge
d'Affaires at Caracas."
" 8, Bennett-street, Oct. 21, 1867.
"Dear Sir,—l beg to acknowledge the receipt of
Your letter on the 17th inst., enclosing a plan which
You, had proposed two years ago for the farming of
the Customs of Venezuela by the Venezuelan bond-
waders. Without entering into a discussion as to
the practicability of carrying some of the details of
Your plan into execution, I have no hesitation in
Stating to you that in my opinion the farming of
the custom-houses of the republic by au English
c(mupany would be of great advantage to the coun-
,rY, whilst it could be made equally beneficial to the
bondholders. It is notorious, as I informed you
N'erbally, that under the present system the import
duties collected in the ports of the republic scarcely
amount to one-third of what they might produce if
the administration of the Customs were properly
and honestly conducted.—l remain, dear Sir, yours,
Ste., (Signed) " GEORGE FAGAN.
"To Mr. J. Gerstenberg, Chairman of the
Committee of Venezuelan Bondholders."
At the meeting of the Royal Mail Steam Packet
Company to-day the directors' report, showing the
result of the working for the half-year ended June
30th last, was presented. It stated that, in addi-
tion to the augmentation of the disbursements in
the " working account," arising, as above-men-
tioned, the charges for " coals" have been still further
increased by higher rates of freight, and the items
of" provisions" and " stores," particularly the former,
by the rise in the price of articles in general use. ks
regards the " general reserve fund," it is necessary only
to remark that, following the course explained in the
last report, the directors have re-transferred to
"profit and loss account" £5,00, leaving the fund
with a credit balance of £4,939 10s. sd. Nothing
haying occurred to affect the " insurance account,"
the directors have only to congratulate the share-
holders on the satisfactory position of the fund, and
On the substantial returns which they have from
time to time derived from it. The directors re-
commended a distribution of £3 per share (free of
Income-tax), including profit from the insurance
aeccuilt ; payable by warrants to be issued on the
evening of the 26th inst. The report was adopted.
With respect to the markets at Manchester, the
Weekly circular of Messrs. Alexander Collis and Co.
states as follows :—During the past week we have
had a brisk demand for goods for nearly all im-
portant markets, and the advance in cotton has
their
sellers here to obtain very full prices for
our Productions. As compared with last Tuesday,
'r quotations show more buoyancy in several
aede-
scriptions of shirtings, jacoucts, and yarns, but the
,etnaod has been checked to-day by the bank sus-
lvittrcia at Liverpool. Producers, however, show
e inclination to force sales, as they are well en-
ecil Some of them to the end of the year.

Two o'CLocx.
A further advance of per cent. has taken place
mthe value of Consols, which are now 94i for
jeneY, and also for the account. This movement
bvl„ellieflY attributable to the information received
ci°n the Roman question. T4e statement that
lb the
had approached Leghorn has been
ethaeuted upon, and likewise the intimation that
t 1 Italian Government intends to repress revolu-
AhTnarY movements. Moreover, the Garibaldian
rll 4 having, as asserted, retired to the frontier, has
131.°(-1
-need a favourable impression. English public
'i3eenrities have consequently tended upwards, and
th°r" favourable confidence has been produced by
nfet,i°4rl)ey of the Emperor of Austria to the Court
the ratice. Monetary affairs continue easy, and
° are indications of improvement in many de-
l'artMents of trade.
Poreign Securities have naturally attracted much
4ttnti°l'i Owing to the situation of Continental
Italian have advanced 1, viz., to 44/
ti ; and some importance has been attached
B°, the advices from Florence that the pre-
et Ministry will remain in power. Greek
4°44 are 12i 12i, which is a rise of per cent.
e/ican have advanced I, to 15 151 ; Spanish Pas-
i,,lve) it, to 19 191 ; and Turkish 5 per Cents.,
'll3l/ 31i.
11.(4creased firmness is apparent in the Railway
mare Market, prices generally showing a further
kv.allee of about to f per cent. Great Western,
lalYiton ; London, Chatham, and Dover ; Mid-
van' turld North Eastern (Berwick) have each ad-
; Great Eastern, North Western, Mul-
ti4r) Sheffield, and Lincoln, and South
,4tera each and Caledonian 1.
4 14e. the Foreign. and Colonial lines there has been
4.1°4 decline in one or two instances. San Paulo
jti(? receded to 161, East Indian to 110 k. Great
I:au Peninsula remain steady at 107 107 i.
pre 4.4 k Shares are in moderate request at about
ip Nas rates, London and Westminster being dealt
Nn' t 701 711 ; Oriental Bank Corporation, at 45
London and County, at 55 ; and Bank of
at 181.
211.e,l‘Te'vr Threes are 92/ ; Reduced Annuities,
Stock ; Exchequer Bills, 295. to 30s. prem. ; Bank
lit, 50 ; Indian ditto, 223 ; ditto 5 per Cents.,
face,l 41; ; ditto 4 per Cents., 104 991 ; En-
-4917. `3 Per Cents., 1041 ; ditto 5i per Cents.,
18;;;T t 1
and ditto 4 per Cent. Rupee Debentures,
Aii3eel.
wet aneous and Finance Shares aro very
Clredif ,Royal Mail Steam have declined
.to 79 ;
_von Rraph cier of England to 21. Atlantic Tele-
klz, 8 Per Cents, remain at 70 ; and Viceroy of
JPVe Alortgage Loan at 72.

Chivorton Moor sf• 5i
Chontales Gold
Clifford Amalgamate it if
East Basset -
East Carrtdon
East Lovell Bl 81
East Wheal Grenville 2 2f
Great North Downs 31 4
Groat Reta Hick
Groat Wheal Vor
Marko Valley
North Crotty

.o some of the latest quo-

North Troskorby 33s 35s Od
Prince of Wales 51s Od 53s Od
Providonco Minos

South Coudurrow :::

South Frances

Tincroft 121 131
West Soton
Wheal Basset .. 85 00
West Cara,lon 7 8
West Chiverton 65 67
Wheal Grenville 318 33s Otl
Wheal l‘lary Ann 161- 17

EI !FUNDS —T WO O'CLOCK.
UCVEKNMENT FtNns.
3 pr Conc. Consols -1
D Aocount, Nov. 7 9lq
I,tii Cont. Rodacod 92±r
Now 3 por Gent 921
Now 21 per Cont. Jan. 1891
Do. 5 per Gout. Jan. 1873
Innuitios, SO yrs, oxpiro sth Jan., Ns, —
Do. for 3J yrs, expire sth April 15 —
Do (Red Soli Tolo&raph),
March Juno

:acltequer Bills, .£l,OOO, 2 2 pr Ct.
Do .£5OO — put
Do. £lOO £2OO
Bank of England Stock, 4 per Cent 250
Do. Account
INDIAN GOVERNMENT SECURITIES.
Indian Stock, 10f per Cent., AprillB7l 223 1}
Do. Account
_ _

Do. 5 per Cent. July, 1880
Do. 4 por Cent., Oct. 1888
Do. Certificates

Do. Enlaced Paper 4 per Cent
Do. 5 per Cent., Jan. 1872
Do. 51 per Cent., May 1879 lo9k
Do. 5 por Cent., Rep. Deb., 1872
Do. do. 1877 —
Du. do. 1882 lO5
Do: Deb., 5 por Cent., Aug. 1873
Do. Bonds, 5 per Cent., £l,000
Do. under £l,000
FOREIGN FUNDS—TWO O'CLOG'Ii.
Argentine Republic, 6 per Cent
Austrian Bonds, 5 per Cent. 1859
Brazilian 5 per Cent
Do. 41 per Cent., 1852-58-60
Do. 1863
...ie. 5 per Cont., 1865 —
Do Account
Do. £lOO Bonds —
Buenos Ayres 6 per Cent —
DJ 2 per Cent. (Deferred 3 per Cent )
Cuba, 6 per Cont.
Cuilian 6 per Cent —
Do. 41 per Cent —
Uo. 6 per Cent, B •
Do., 1867
Do., Scrip, £74 paid . —dis
Do., 7 per Cent., 1866
Do., Scrip, £2O paid
C il. mbian, 6 per Cent.
Danish, 3 ner Cent., 1825 ....
Dinubian Principalities, 7 per Cent —
Do 8 per Cent, 1.67 —
Eluador New Consolidated, 1 per Cent —
elgyptian 7 per Cent —
Do. Sec, ud Issue —
Do. £lOO Bonds —
De. Do. 1864 —
Do. .£5 )0 Bonds —
Do. £lO6 Bonds B6 51 f
Uo Government Railway Debentures B7 f 6} 71 al
G:eek 5 per Cents., 182415, ex Coupons

. .
Do. Account . —
Du. Coupons
Do. Account
Gaatemala 5 per Cent .. —
Itllion 5 per Cent., 1865 —
Do, Account .. 69 70
Do. Maremmano. Railway —
111.3xican 3 per Cent —
Ditto for Account
D.. 1864
Do 6 per Cont. Anglo-French —
Slonievidean 6 per Cent. .
goorish imperial 5 per Cent
Now Granada —
Do 3 por Con —
Do. Deferred
Do Land Warrants (Hectares)
reraYian 5 per Cent. 1865 —
Do Account 6Bl
Do 41 per Cent., 1865

Do 4-1 per Cent. (Uribarron)
Do 41 per Cent., 1862
Do Account
Portuguese 3 per Ct.,1853,'6,'7,'9,'60,'2,'3 391 1
Russian 5 per Cent., 1822, St B5l
Do 41 per Cent. 1850
Do 4k per Cent., 1860
Do 3 per Cent., 1859
Do 5 per Cent., 1862
Do. Anglo-Dutch, 1864, £lOO Bonds —
Do. do. £Bl 15s. d 0....
Do., 1866, £lOO Bonds B6
Do. do. £B4 los. do —
Sardinian, 5 per Cent
Spanish 3 per Gen
• Do Account
Do New Dcforred
Do Account
Do Passive
Do Accfrant
Do Coro. Cert. of Cotv. not fluided
Du Account
7tirltisli 6 por Cent., 1851
Do Account
DJ G per Gent. 1.8,F1
Do Account
Do £lOO Bowls
Do 6 per Cont., 18u,
.90
Do Account
Do £lOO Bonds (35 41 5}
Do. 1863
Do 5 per Cont., 1865
D., Account
Do 6 per Cent., 1865 f-1
Da 4 por Cont., Guaranteed
Dividouas on the ahoy© payable in I ,onank.
French Routes, 3 por Cent,, Ex. 25f.
Italian 5 per Cont. 1831, Ex. 251.
Do. Account
45} 5 it
Consols, Money TWO O'CLOCK.
Do. Account
.. 94 94 }

161 i

[The following appeared in our Latest Edition yester
day evening.}

CITY, HALF-pAST FOUR O'CLOCK.
Within the last few hours Consols have receded
I per cent., Consols being 931 94 for money and
the account. Foreign Stocks are in some instances
rather flatter. Italian have declined 1, to 441 1 ;
Greek Bonds /, to 121 ; Spanish Passive /, to
181 191 ; and Turkish 5 per Cents. 1, to 311 311.
Some of the latest quotations of the Railway
Shares were Caledonian, 921 931 ; Great Eastern,
314 32/ ; Great Western, 451 46/ ; North Western,
112 1121; Metropolitan, 122 1221 ; Midland, 1164
117/ ; and South Eastern, 651 66.
The meeting of the Greek bondholders took place
to-day, to consider the terms of the provisional
agreement entered into by the committee. The
meeting did not fully agree to the arrangement as
it stands, but no :resolutions were paused, au ad-
journment being made for three weeks to enable
the committee to obtain some further clauses.
The Mining Market has been very active, and
annexed are some of the latest prices :—West
Chiverton, 64 65 ; North Wheal Chiverton, 41
5 ; East Lovell, 81 9 ; East Carla Brea, 2/ 21;
Clifford, 77/ ; North Crofty, 3.1 ; West Kitty,
; Great Wheal Vor, 171 181 ; Wheal Seton'
105 110 ; North Treskerby, 335. 365. ; West Cara-
don, 89. Market inactive.

OPEN STOCK EXCHANGE (LIMITED).
Merchant Shipping Company, £3B per share ;
Confederate $l,OOO 6 per Cent. Bonds, 1861, at
6s. 3d. each ; Provident Clerks' Guarantee Asso-
ciation, 245. to 255. ; Varna Railway, £3 2s. 6d. ;
Imperial Land Marseilles, 6 per aunt. 1870 Bonds,
Lo; Guildhall Tavern Company, £lO fully paid,
£4 ; Rossa Grande, 12s. paid, 10s. 9.1. ; Consoli-
dated Laud of France, £lO fully paid, shares 10s. ;
ditto Debentures, £ll5, 6 per Cent., £2 55.;
Farnborough and Aldershott Ground Rent Com-
pany, 3d. to ls. 6d.

Foreign Mail Packet List.

MAILS DUE.

Australia and New Zealand, via Southamptos Nov. 19.
Ditto, via Marseilles Nov. 13
Ditto, via Panama ....... .......... ........ —Oct. 29.
Brazil,
Buenos Ayres, and Monte Video •Nov. 4.
Ditto, by French packet . Oct. 22
Cape Verde, by Brazil packet ...... ,
Cape of Good live. Ascension. and St. Ilelens Oct. 21,
China, Penittg. and Singapore, via Southampton—Oct. 20.
Ditto, via klarseillea Oct, 28
Faikland Islands
Gibraltar, via Southampton .. Nov. 2.
India, via Southampton
Ditto, via Harden es Oct. 27.
Malta, Egypt, ,to. .. ......... ... Nov. 7.

Ditto, Marseilles Oct. 27.
Mauritius, Cape of Good Hope, and Natal, via
Bouthamptou • Nov. 19
Ditt ), v• 4 ..11areales Nov. .3.
Newfoandla r.d Nov. 6
Portugal , Nov. 1.
Ditto, by ;Jr u it ship to (),iorZo
•
Ditto • ''t to Lisboa
United States, ( ra)ada , California, Scc., t.y British
packet
Ditto, by l. Lite, States packet
Ditto dt i .t,(A,W York)
Ditto dlt v— cm York)
Ditto ditto L. altimore)
Ditto, by Cana al: n packet •• • • ••* Oct. 2i.
West Coast of Africa, Madeira, and Teneriffa Noy. 3.
West Incites and Pacific (except Mexico and Baha-
mas) Oct. 29.
Cuba and Mexico ...Oct. i 9.
Bahamas, via New York
Bermuda, via Halifax

TIIE CIIARGE AGAINST TILE REIT. G. SMALL.--
At the Middlesex Sessions, yesterday, the Grand Jury
ignored the bill against the Rev. G. Small, M.A., of
Lahore-terrace, Croydon, who was charged with commit-
tiDg an indecent assault in an omnibus.