The Sun.
London, England, 1867-04-15 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

The demand for accommodation in the general
Discount Market continues very limited, and the
rates demanded for the negotiation of first-class
short-dated commercial paper ranges from 2i to 2:1
per cent., the supplies available being more than
sufficient for the requirements.
The stun of £l,OOO was withdrawn from the Bank
of England on Saturday.
The operation towards clearing off the whole of
the Mortgage Debentures of the Atlantic Telegraph
Company is progressing sati,factotily. Upwards of
£40,000 have already been subscribed for that pur-
pose, and in addition thereto one of the largest
shareholders has addressed a circular to his fellow
shareholders, of whom there are 4,000, offering to
subscribe the sum of £4,500 to the completion of
the object, provided the other shareholders will
respond in proportion to their holdings. When this
debt is removed there is little doubt that the debt
of the Anglo-American Company will be shortly
Paid off, and the original company, after all its re-
verses, will come in to the full enjoyment of its
valuable property. During the past week the re-
ceipts have averaged £1,230 per diem.
Front the manufacturing districts the accounts
for the past week have generally been of an unsatis-
factory character. At Manchester dullness has pre-
vailed, and a further decline has taken place in the
values of cloths and yarns, consequent upon the
depression in the cotton market at Liverpool.
In the woollen districts of Leeds, Bradford,
and Huddersfield trade has been remarkably quiet,
and but few dealings have been entered :into in
seasonable goods. The hosiery and lace departments
at Leicester and Nottingham have shown no mate-
rial alteration ; and in the hardware districts of
13irminghant, Sheffield, and Wolverhampton little
change of importance can be reported in many of
the principal branches of business carried on.
At the half-yearly meeting of the Australasian
Joint-stock Bank, held in Sydney on the 31st
January last, the profits were stated at £40,316,
out of which a dividend of 8 per cent. per annum
was declaxed, and a sum of £19,000 transferred to
the reserve fund, to meet the heavy losses arising
from the numerous mercantile failures that occurred
during the late monetary pressure in the colony, a
fu of £55,000 was appropriated from the reserve
nd, which now stands at £50,107.
To mark their sense of the energy and tact with
which Mr. Richardson surmounted the difficulties
which threatened the credit and position of the bank,
through the failure of the Consolidated Bank here,
Its London agent, and for his successful negotiations
with the National Provincial Bank of England (by
which its honour and credit were maintained), the
directors have awarded that gentleman a donation
of £l,OOO.

Two o'C LOCK.
According to Reuter's telegram from P aria to-
day, the French Rentes were 66.70. Heavy.
Consols are steadily creeping up, 4per cent.
the
been adcled to their
marketable value ;
latest prices, therefore, are 901 91 for
transfer, as well as for the account. This
Sustained buoyancy is attributable to the
abundance of money and the demand for stock
on behalf of the investing public. Speculators
too are purchasing rather freely. More confidence
Li likewise felt in the probable solution at an early
date of the different political questions which are
still exciting so much attention throughout the
Continent. The New Threes are 881 894 ;
Reduced
Annuities,
894 1 ; Exchequer Bills, 17s. to 23s
Arena; Bank of England Stock, 2524 253 ; India
Stock, 219 ; ditto 5 per Cents., 109; ; and ditto
Bonds, 525. prem.
In the Foreign Stock Market there has been a
still further improvement. Greek have advanced
to 13 14 ; Mexican, 4, to 151 4 ; Spanish Passive,
to 201 1 ; Certificates, 4, to 124 131; Turkish 5
Per Cents., 4, to 271 4 ; Russian, 4, to; 14 prem. ;
to
Scrip, 4, to 4 34 dis. ; and Danubian, 11
"° 6 4 dis. ; Italian Stcck remains at 484 1.
In the Railway Share Market there has been very
little animation, but in a few instances prices are a
!bade firmer. Great Western and South Western
°ave each improved 1 ; Metropolitan, Midland, and
South Eastern, each 4 ; and Manchester, Sheffield,
and Lincoln, each 1; while Brighton have declined
1, and North Western 4.
In American Securities there is a fall of ; in Eris
Shares,
to 37 1 ; / in United States 5-20 Bondi, to
734 71 ; while Illinois are steady at 761 77.
The Foreign and Colonial lines show little
variation. Great Luxembourg are dealt in at 9/,
iGraud Trunk of Canada 181 4, East Indian at
'07:1 4, and Great Indian Peninsula at 1074 1.
Bank shares are very quiet at about previous
quotations, London Joint Stock being marked 42 ;
Oriental Bank Corporation, 40; 411 ; Union of
London, 411 42 ; New South Wales, 621; and
Standard of British South Africa, 12 124.
miscellaneous and Finance Shares remain inac-
tive at about former values, Egyptian Trading Co.
being dealt in at 3 1-16 ; Hudson's Bay Company,
at 164 4 ; London Financial, at 24 i ; Peninsular
and Oriental Steam, at 58 ; and Telegraph Con-
struction and Maintenance, at 121 124.

Atlantic and Great Western Debentures remain
steady at 31 32, and the Consolidated Mortgage
~
'"°1.1(18 at 22 223.

MINING MARKET.
MONDAY EVENING.
A moderate amount of business has been trans-
acted in the Mining Exchange to-day. Annexed
nre the latest prices :
Oehhiverton Moor
Th..iffonotradles Gold
2f 3 North Crofty
Amalgamate 51- 6 North Treskerby
East
Basset ... 17418 Prince of Wales s3s 55s
East
earn Bre .... *******
-'-'44astt Lovelln ......... 51 6} Providence Mines
11 12
Tincroft
East .......... 881 West Seton
1.]48 11418 Son ......... 31 31 West Chiyerton
tlretWhealGrenville 21 2i Wheal Basset —
Geet,t`tt Itl'axeY. ......... 171 18 Wheal Chivertoa
G etttlltck 331 WhealGrenTille lll
......
Great Wheal Vor.. 17 18 Wheal Setou 100 105

BRITISH. FUNDS—CLOSING PRICES.
Clovtamanxx rusps.
Der (Amt. Consols
a -0. Account, May 9 9of 1 901 1
Oer Cleat. Reduced B9i 4 13-
VreW 8 per Cent B9 81 91
.4541
b i per Cent. Jan. 1894 —
Au °' ° Per Cent. Jan. 1873 —
Dofor'uuities 30 yrs, expire sth Jan., 1880
.._—
, 30 yrs, expire sth April, 1885
Eu, (Red Billselegraph), Alicr,. 1908 —
o4.°o(tu ,Xl,OOO, 3 and 4' per Ct. 20 17 pra
Do. .£5OO 23 pm
£lOO & £2OO — pm
—ilk, of England Stock. 6i per Cent
ik '110141.:t GOVERNMENT SECURITIES.
111:.'1 Stock, 101 per emit., Apri11874.., 219
:n.ecount
Do
1091 i
P)b per Cent. July, 1880
IP 1 Per Cent., Oct. 1888 -
,o. Certificates —
. Enfaced Paper .1 per Cent
tu 5 per Cent., Jan. 1872
lA°. } per Cent., May 1879 _
•'O. Deb,' 5 p©r Cent., Aug. 1873
Do
, • Bonds, 5 per Cent., .£l,000
410. under £l,000
A VOREIGN FUNDS—CLOSING PRICES. -,r •
11
, ,ige ntaue Republic, 6 per Cent _ striatt Bonds 5 per Cent,.1859
1.44i1ia4 5 per Bonds,
97i
bo. 44 Per Cent 1852-58-60
~
1)0 Gli
• 1863
s 9 11
Dos, Per Cent 1865
-Oo Account " 72-11
iI - 4
b.. 1310. £lOO Bonds
_
DO
los Ayres 6 per Cent
e.',? 2 per Cent. (Deferred 3 per Cont ) 'llliii 6 per Cent
"0. 41 per Cent —
"V• 6 per Cent A. •
1)0.
99f 9 81
1)0 77 B
D o ', 1867
_ dis
etj
to `l4 blan,
/1
83i
.0
...), per Cent.
o per CSecnritp., .£2O paid
73
'13i81,1 3 per Cent. 1825
B ). per Cent., 1861 ..
a
inubian Principalities, 7 per Cent
r, tuador NOW Consolidated, 1 per Cent —
gYptian 7 per Cent —
0. Second Issue —
ue. £lOO Bonds
0.," Do. 1864 79} 4 81}
-iio. £lOO Bonds BOl 11
81 91
01.1),,0 Government Railway Debentures 791 4 4 a
Diclc 5 per Cents 1824-5, ex Coupons .., . ~
° 4.l.,ccount
, ). t..,eupons
°." Account