The Sun.
London, England, 1867-01-18 00:00:00

DI 0 iIY MARKET

AND
COMMERCIAI INTELLIGENCE,

TWELVE O'CLOCK.

There is a decidedly firmer tone in the discount
market to-day, and few if any bills of three months,
date have been negotiated under 3 per cent.
A further withdrawal of gold took place at the
Bank of England yesterday, amounting to
£141,000, viz., £41,000 in bars and 100,000 sove-
reigns for France.
The La Plata was reported yesterday afternoon,
with specie to the amount of about £260,000, from
the West Indies.
Areport has been issued by the directors of the
National
Discount Company, to be presented at the
forthcoming meeting. It states that by the pay
`,mt, on the Ist of September last, of the second
instalment of £2 10s. per share on the new shares,
created in February, 1866, the paid-up capital on
the 31st December amounted to £698,940, and the
reserve fund to £398,910. Notwithstanding, the
accounts show a gross profit of £120,232, and after
providing for the current expenditure, directors
and auditors' remuneration, bad and doubtful
debts, and £42,174 for rebate of interest on bills
Lot due, there remains an available balance of
£77,722, including the sum of £3,633 from the
Previous half-year. The directors therefore pro-
Pose the payment of a dividend at the rate of 20
Per cent., free of income-tax, and to carry forward
£9,527 to the next account. The dividend will be
Payable on and after the Ist February.
It has been announced that the directors of the
London and Provincial Marine Insurance Company,
at the forthcoming ordinary general meeting, will
recommend the payment of a dividend at the rate
of 10 per cent. per annum.
At a meeting to-day of the London and Brazilian
Bank, the directors' report, which was adopted, re-
commended the payment of a dividend for the half-
Year of 225. 6d. per old share, and of 3s. 9d. per
new share, leaving a sum of £20,155 16s. 10d. to
be carried forward.
The return from the Bank of France for the
Past week shows an increase of £66,640 on the
advances, and of £832,000 on the notes; while
there is a decrease 0f,1106,640 in the cash in hand,
of £20,000 in the Treasury balances of £1,280,000
on the private accounts, and of £560,000 on the
bills discounted.
The Bank of England return completed to the
16th inst. is of a rather unfavourable character.
The bullion has been decreased by £158,017,
While the reserve of notes has also been reduced
to the extent of £175,650. The other securities,
however, are smaller by £1,751,260, and there is
I,t, decrease in the private balance of £1,984,882.
6....utioined are the particulars :
Public De Deposits ... £4,467,001 Increase... £22,533
ther Deposits 'll 064,710 Decrease... 1,984,882
ltes'
'" ••• '3,497048 Increase... 39,099
On the other side of the account :
Government Securities £13,111,068 No alteration.
uther Securities 19 999 788 Decrease... 1,751260
Notes unemployed 9,972,225 Decrease... 175,650
:The amount of notes in circulation is £23,300,420,
being a decrease of £13,390 ; and the stock of
bullion in both departments is £19,280,845, show-
ing a decrease of £158,017 when compared with the
fernier return.
Iu the Foreign and Colonial Produce Markets
"ling the last few days there has been a moderate
amount of activity. Sugar has fully maintained
f
have
values, while superior descriptions of coffee
'ave sold readily at full prices. Rice has been in
Lair request, at steady rates, but only limited deal-
gB have been reported in tallow at about former
quotations.

Two O'CLOCK.
Speculators at about noon appeared disposed to
PO2B sales of Stock and Shares, and the market for
the moment became dull, but an improvement set
ill and values are now generally higher. Consols
are 9O i for money and the account, a rise of i
rer cent.

-•
'e New Chilian Scrip has given rise to a con-
FlAderable amount of business. Sales were forced
early in the day, and the premium put down to Ik,
but it has since rallied to 4 per cent. The appli-
cations are enormous, and the allottees must expect
to obtain a very small proportion of the amount for
which they have subscribed.
In the other Foreign Stocks several instances are
exhibited of firmness. Greek Bonds have advanced
ta
to 141; Spanish Passive *, to 21/ 22 ; ditto Cer-
nctes k, to 141 1 ; the Italian 5 per Cents., 1861,
531 541; and the Russian Loan Scrip I, to
41 II; Mexican Stock, however, has declined *, to
171 18.
A. heavy tone has prevailed in the Railway Share
Market, and prices generally show an aggregate
decline of Ito 1 per cent. Lance shire and York-
Shire and Brighton have each receded 1 ; Great
Eastern, Great Western, Metropolitan, Midland,
and South Eastern, each f ; and Great Northern A
Stock,
The Foreign and Colonial undertakings are in
moderate request. Antwerp and Rotterdam have
receded to 91 ; Grand Trunk of Canada to 21 ;
and Great Indian Peninsula to 1051.
American securities are in very moderate de-
mand, without material alteration in values. United
States 5-20 Bonds are quoted 721 1; Erie shares,
431 44 ; and Illinois shares, 801 811.
Bank and Miscellaneous Shares remain very in-
active, but quotations generally show no material
alteration. Alliance are marked 17; ; Crystal
Palace btock, 30 ; and National Discount Co., 141.