The Sun.
London, England, 1867-12-20 00:00:00

MONEY MARKET

AND
aOII,MERCIAL fNTELL3c4BNOR,

TWELVE O'CLOCK.

There is a very quiet business in the General
Discount Market, and the rates continue firm. It
is generally expected that higher quotations will ere
long prevail.

The Delta from Alexandria has brought specie
amounting to £57,119. _

One of Mr. Ileinke's divers has returned from
St. Thomas, and it appears that the Columbian lies
in 38 feet of water. She has a very large bole in
her side, and lays right across the entrance to
the dock, which is sunk, as already known.
Her cargo is being saved, but from al
appearances it will require two or three
months to clear away the wreck. The British Em
Aire (also a very large ship), which was ready fo
sea at this time, lies close to her, with 700 tons" of
ballast on board. The cotton and print goods al-
ready saved from the Columbian were much injured
by water, from the fact that the cases had been
crushed by the collisions, but they were likely to
fetch fair prices, considering their condition
Five divers were at work using Ileinke's apparatus
and the West India and Pacific Steam Company
have sent a vessel fully equipped to assist. Delay
have occurred on account of the earthquake shocks
which have passed over the island, and the divers
were much impeded, and ran great risks from th e
absence of co-operation of the black labourers, who
Were too frightened to work.

The New Honduras Loan has improved to 14 2
prem.

Atlantic and Great 'Western Railway Debentures
have advanced 1, to 22 23, and the Consolidated
Mortgage Bonds remain at 18f 19k.

The shares of the Anglo-Argentine Company
were to-day quoted at to prem.
The eleventh ordinary general meeting of the
Alliance Bank (Limited) will be held at the City
Terminus Hotel, Cannon-street, on Thursday, the
16th of January.

The return from the Bank of England for the
week ending the 18th of December gives the fol-
lowing results when compared with the previous
week :

rest ... .. '''
Publics deposits ...
Other deposits ...

.13,039,288 ... Decrease £2,807
7,146,320 ... Increase 1,362,532
19,000,485 ... increase 330,962

On the other lido of the account :
OoTernmont securities £13,019,203 ... Increase £700,000
Other securities ... 17,218,735 ... Increase 192,433
Notes unemployed 12,898,375 ... Increase 733,780

. .
The amount of notes in circulation is £22,888,620,
being a decrease of £512,365 ; and the stock of
bullion in both departments is £21,940,709, show•
ing an increase of £277,152 when compared with
the preceding return. _ _

Subjoined is a comparison of the present position
of the Bank of England and the price of Consols
With the corresponding week of last year :

Same Week
At Present. last Year.
Bullion 521,940,709 £18,815,714
teserve 14,032,089 ... 11,713,229
Notes in circulation 22,888,620 ... 21,933,365
Rate of discount ... 2 per cent. 3} per cent.
Brice of Consols ... 1. 92
3 894

The return of the Bank of France for the week
ending yesterday shows the following changes as
compared with the previous accounts :—There is a
further increase of £480,000, in the stock of bullion,
thus raising the total to £40,378,000. At the same
time commercial operations continue to diminish, a
reduction of £72,000 having taken place in the
amount of bills under discount.

In the Foreign and Colonial Produce Markets,
during the last few days, there has been very little
animation. A moderate bupiness has been'
reported in sugar, at steady prices, while
superior qualities of coffee have brought rather
higher rates. Rice, fruit, and spices bave
remained inactive, at almost former values
While in tallow the dealings have been more nu-
merous, although chiefly of a speculative character,
and quotations generally tend upwards. The mar-
kets will close to-day for the Christmas holidays,
and re-open on Thursday, 2d January, 1868.
The directors of the Brighton Railway have
'sailed a circular to the shareholders stating their
reasons for depositing a bill, asking for power to
increase the share capital of the company by
£1,000,000. They have also forwarded the fol-
lowing
_ _ _

London-bridge Terminus, Dec. 18, 1867.
"Memorandum signed by Chairmen of South-
Eastern, Brighton, and Chatham Companies,
Nov. 22, 1867.
" We agree to recommend our respective boards
to apply to Parliament for powers to unite the iya-
tiagernent (as one system) and to fuse the receipts
of the London, Chatham, and Dover Company with
those of the United London and Brighton and South
Eastern Companies, the proportions to be taken by
the London, Chatham, and Dover Company being
decided by a general arbitration taking into account
all the circumstances of the case, and not necessarily
between
by the principle of the existing agreement
oetween the South-Eastern and London, Brighton,
and South Coast Companies. One arbitrator to be
,aPPOillted on behalf of the South-Eastern and Lon-
",on, Brighton, and South Coast Companies toge-
,,ner, and one arbitrator on behalf of the London,
uhatham, and Dover Company, the umpire being
the Right Hon. Sir William Erle, the Right Hon.
yilliam Ewart Gladstone, or the Right lion. Sir
George Grey. This agreement is without preju-
dice if not assented to by the boards of any of the
conapanies, and in such case is not to be used in
evidence before any Parliamentary committees.
" The undertakings to be managed by a joint
cequinittee, consisting of three nominees on behalf
of the London, Brighton, and South Coast Com-
pany, two from the London, Chatham, and Dover
Awiapany, and three from the South-Eastern Com-
Pany.

(Signed) " E. W. WATKIN.
" S. LAING.
" GROSVENOR HODGKINSON."

Two O'CLOCK.
Rather more firmness has been apparent in the
English Stock Market. Consols have improved 1,
to 92} it for money, and 921 4 for the account.
The New Threes and Reduced Annuities are
921 ; Exchequer Bills, 255. to 28s. prem. ; India
`.) per Cents., 111 k 1121 ; ditto 4 per Cents., 110 k
i; Enfaced 5f per Cents., 108}; ditto 5 per Cent.
kbentures, 1051 5 ; and ditto Bonds, 575. prem.
Business in the Foreign Stock Market has beon
kore active. Italian have advanced I to 451 ;
Greek, Ito 12} 13 ; and Turkish 5 per Cents., * to
but Spanish Passive have declined I to 25/ 26 ;
kezican are unchanged, at 151 1; and the 3 per
Cent. Spanish at 351 36.
Miscellaneous and Finance Shares in one or two
instances are a shade flatter. Anglo-American
'telegraph have receded to 19, Atlantic Telegraph
t)id Stock to 43f 44k, National Discount Company
1011- *, and Royal Mail Steam remain steady at 62.
In the Railway Share Market there has been a
Partial recovery after the late severe depression.
Caledonian and South-Eastern have each risen f ,
Great Eastern f, North-Western , Midland li,
Lancashire and Yorkshire If, and Metropolitan
" Per cent. Great Western, London, Chatham,
and Dover, North-Eastern (Berwick), and one or
Wo others remain without change of importance.
atlhe Foreign and Colonial lines remain inactive,
17 about previous values. San Paulo are marked
Great Western of Canada 16k, East Indian
lAi 2, and Great Indian Peninsula 1101 /.
`lreerican Securities continue firm. Illinois have
advance 4,, I 4, to 89 90 ; while Erie shares are firm at
; and United States 5-20 Bonds at 71g. 72f.
Co 44k shares are very quiet. London and
ta/atY are marked 54} ; London Joint-Stock, 35 ;
36 311k4f Egypt, 561 374 ; and Union of London,
orlhe directors of the St. John d'El Rey Mining
re:QPanY (Limited) have received the following
I,l."°rt) dated Morro Velho, Nov. 16, 1867:
totonsfor October, 45,519 oitavas ; from 5,676
be are yield 7,575 oitavas per ton. Cost for Oc-
-11 9,367 ; profit for do., £8,187. Produce,
pa 478 of Nov., 13955 oitavas •; ,
7141 oita-
-3 ,
Per tort.