The Sun.
London, England, 1867-11-13 00:00:00

ITONEY MARKET

AND

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

Further symptoms of firmness are pparent in
the general Money Market, and a slight increase in
the demand for accommodation has prevailed, as
usual, at this period of the year. There is, how-
ever, an abundance of capital waiting employment,
and no material alteration can be reported in the
rates demanded for the negociation of first-class
dated paper, which remain at 11 11- per cent.
The Essex, from Melbourne, has arrived with
about £120,000.
Atlantic and Great Western Railway Debentures
have receded to 24 25, but the Consolidated
Mortgage Bonds remain steady at 19 20.
The Honduras Loan continues in favour, and
dealings are recorded at 3 31 premium.
An extraordinary general meeting of the Mau-
tail's Land Credit and Agency Company (Limited)
will be held at the offices of the company, 25, Fen-
ehareh-street, on Wednesday, the 27th instant.
The coal mines of the East India Company
(Limited), situated in the district of Raneyunger,
„,13engal, were sold by auction, yesterday, by Mr.
niurrell for £20,000, under the Winding-up Act.
At Lloyd's.this morning eighty guineas per cent.
la offered on the Columbian, one of the vessels be-
longing.. to the West India and Pacific Steam
Navigation Company; which sailed from Liverpool
on the 13th October, and would be due at St.
Thomas's the very day of the hurricane. Yesterday
a telegram was received from Havana, dated
November Bth, stating that the Columbia (no
doubt the Columbian) was lost in the hurricane,
and the British and French Company's property
en the wharves was destroyed. The steamer and
it were both covered by insurance—to an extent
't is said of £BO,OOO. No mention is made of the
Security of the crew. Lloyd's agent at St. Thomas
(Mr. H. B. Lamb), who is now in London, has re-
ceived a telegram from St. Thomas, dated Nov. Ist,
,wilich confirms the loss of the Rhone with all on
Nerd. It states that the hurricane was worse than
that which swept the island in 1837. There is still
Some doubt existing as to the vessel which is lost,
and telegrams have been sent out to clear the
matter up.
At Berlin the Stock Exchange has remained in-
active, and without speculation for foreign account.
Railway shares very firm, and in good demand.
United States securities, notwithstanding the lower
quotation of gold from New York, were not ani-
ill,,ated in consequence of the great augmentation of
tle Public debt. The tone of the Frankfort Ex-
eaange was steady, and the inquiries for Austrian
securities becomes every day greater, particularly
lOr the
more speculative kinds, in which there have
b eeu large transactions. Railway shares of all de-
nalinations were firm and inquirod for.
Prom St. Petersburg (November 8) it is stated
that the importation of gold continues, and the
Imperial: Bank has bought lately as much as thirty
'ulions of roubles.
LAt a meeting held to-day of the Buffalo and
ake Ruron Railway the report of the directors
was submitted. It stated- that out of a gross re-
etlue of £609,000, after paying £6,050 to the
Champlain,,, Company, little more than £85,000
o"'ains as net profit. Scarcely 15 per cent. As
ili
2tuPared with the traffic for the half-year ending
11e' 1866, the gross revenue has decreased
~
er:''°O The extra renewal outlay has in-
eased £28,000, being £54,000 against 126,000.
e ordinary working expenses have increased
Q2q6
MO (from 63 to 70 per cent.) ; the loss on
American ex,thange increased £7,000 ; loss by fire
tex Sarnia and Toronto, £lO,OOO ; deductions in
excess of the corresponding period of last year,
fe,,"'°°O. It must be remembered that the receipts
ft.' the half-year ending 30th June are generally
autumn-c 1 £BO,OOO to £lOO,OOO less than during the
4 half, so that for the whole year a larger
to the
of net profit may be expected. With regard
tioae'°°2o9
tzas
'e Present financial position of the company
paid by the Grand Trunk Company on
August, being the first payment on
hasr venue account for the current year, which
remitted to the company's bankers in liquida-
tion of advances towards the payment of coupon
teinterest due in February last. The company's
now
towards the payment of the coupons
_ w_ due, amounting approximately to £20,000, are
as follows :_zsooo payment by the Grand Trunk
hoci.„4lPau3r, October 23d, handed over to the bond-
'Lem' trustees ; £9,000 claim for percentage of
Grand Trunk administrative expenses from Ist
C:lgn6t, 1864, to 30th June, 1867, in London and
rail ; £5,000 overcharge on extra weight of
; 15,000 unexpended on bridge account; total,
the LNO. In addition, four months revenue is in
hands of the Grand Trunk-Company, say from
Tat a
dile,.nlY to 31st October, which, being the most pro-
xic`tve half-year, cannot be estimated at less than
0 to date. The board, therefore, trust to be
0,41,11,18 shortly, to meet the coupon payment now
imie, of which notice will be given.
bine e are requested to mention that a parcel of 32
sad' to the aggregate amount of £12,889.145. 6d.,.
47,14,,aether of 33 bills, to the amount of
78. 6d., endorsed by Messrs. Rothschild, of
sobs ,on the Bth inst., to Messrs. L. Behrens and
, of,
therefor Hamburg, have been stolen. Dealers must
can b e exercise caution until further particulars
e obtained.
.01%2
feretic Lu. Collie and Co. give the following in re-
the , e to the state of the Manchester trade :—ln
operlaattter part of last week more willingness to
443 a was manifested by buyers, and an improved
to %lap. g and firmer sales resulted. Yesterday and
quiet" however, the market has again been very
' and these rates have not been obtainable.
-I'ne u
teaJ._
ntY of producers being still well engaged
no eagerness to sell, so that quotations are
haeltia shnY unchanged, and buyers, on the other
At no disposition for new business.
the tu° Meeting to-day of the Greek Bondholders
reply of the Government was submitted. Sir
-gra, ,
Vet
oTunot Wolfe advocated the acceptance of the
as rail ,U 5,000 per annum, as he believed it was
sett fin as Could be afforded by Greece in her pre-
reeoinaneial position. Mr. Gurstenburg proposed
of 4veutien, accepting the conversion for a period
inerePrs, but after that time the amount to be
have . should the financial position of Greece
aproved.gated, The meeting has not yet termi-

Two o'CLocr. .
for the firmness has prevailed in the market
Steady-'e Nlish Funds. Consols for money remain
at 94 • oil the , i with the dividend, but for the account
ex a.
.th proximo they have advanced 1, to 931
Iviclend.
92f11:1 New Threes are 931 ; Reduced Annuities,
1141; Bank Stock, 2451-; India 5 per Cents.,D
ber,ii:uk 1' Enfaced ditto, 104 ; ditto Rupee e-
abbeoen ra'the
187!)-rest 1872 104 • and ditto Debentures,
e rPmoroerieg n
..,, 105. ) 7
In us
Stock department business. hasces
active, but prices in many instances
10,4' a 'light decline, Greek especially, which are I
Qe.er, at 111 1 ; Spanish Passive 1, to 201 1; and
e:tificatt3s 1, to 171 1. The new Spanish 3 per
211 t. St')eks is 391 1, Turkish 5 per Cents. 314
!, end Italian 45; 4.
?1;
I, States 5-20 Bonds are unchanged at 701
A Erie at 47 1 ; and Illinois at 831 844.
trat very moderate amount of business has been
a" s4cted in the Railway Share Market, the dealers
441 'Peculators being still busy with the settlement,
(;41. ,Prices generally exhibit increased heaviness.
4toeunnian have further declined 21 ; Lancashire
so' l'Corkahire, 1 ; and Metropolitan, Midland, and
Northerntith Eastern (Berwick), each 1 ; while Great
44
i have •improved f.
the Foreign and Colonial lines there is no
Venetianeral variation. South Austrian and Lombardo-
e,s aro dealt in at 131 1, Bahia and San Fran-
IN' s, at 1 n 3
—§-, Grand Trunk of Canula at 17, Great
„ -4ern of Canada at 163- 1, East Indian at 1101,
ua Great Indian Peninsula at 1081 1091.
lainank Shares are quiet. London and Western re-
-21 at 71:i 72, London Chartered of Australia at
; London and County have declined to 501
:i.
I\liseellaneous and Finance Shares show no