The Sun.
London, England, 1867-01-16 00:00:00

M(WEy MARKET

AND

Cd'OMMEROI'iL INTELLIGENCE.

T'CK.
There is a little stronger tone in VE
t O
heMoney
:Market to-day, but 2to 3 per cent. continue to be
the lowest ciuotations for the last bills of short
date.

At the Bank of England yesterday there were
no gold operations.
The report of the London Financial Association
(Limited) for the past half-year states that after
PaYinent of current expenses there remains a
ba an ce
of £13,858 ls, 10d. at the credit of profit
and loss, but the board regret their inability to
recommend the payment of a dividend on the opera-
tions of the six months.
/flee annual general meeting of the London and
, r
estrninster Bank was held to-day, when a divi-
dend was declared at the rate of G per cent. per
annum, and by way of further dividend out of the
Profits a bonus of 13 per cent. on the paid-up
Capital.

Co 'fleeting of the shareholders of the Ebbw Vale
3111 Pany (Limited) has been held for the purpose
of considering the question of reducing the nominal
4,f110r..nt of the shares and the issue of preference
Snares. After consideration the meeting appointed,
with the approval of the directors, a committee,
consisting of four influential shareholders, viz.:—
Alr; E. R. Langworthy, of Manchester ; Mr. F.
Phillips of Lee Priory, Kent ; Mr. R. Longsdon,
of London ; Mr. M. Curtis, of Manchester, to con-
fer With the board on the above-named points, as
well as to report generally on the affairs of the
company.
On Thursday next the half-yearly meeting of the
Consolidated Bank will take place, when a payment
of interest to shareholders for the six months end-
-I.ag the 31st December last, will be considered. It
Is understood that, at the same time, it will be
stated
that the Bank is preferred to cash, its out-
Standing promissory notes less rebale of interest.
A report has been published by the International
Financial Company. It states that after valuing
all the securities at the lowest market prices on the
3
clst December last, the accounts show that the pro-
' of £30,693 brought forward from the last ac-
count has been absorbed, and, further that a loss of
£23,934 has been incurred, and is written off
"Pion the reserve fund, now amounting to only
44)846.

Two O'CLOCK.
Affairs at the Stock Exchange this morning pre-
sented a favourable aspect, but speculation having
taken an adverse turn, there is now a little depres-
sion in instances where buoyancy previously pre-
vailed. These changes are likely to continue, but
they are only evanescent, the substratum of the
markets for all Governmental and well approved
securities being remarkably firm. Consols at the
Present moment are about 90-i. for money, and
7i- for the account, showing a decline of per
"at. compared with the latest quotations yesterday.
aftern°°n• The New Threes and Reduced Annui-
ties are 2-; Exchequer Bills, 11s. to 13s. prem.;
L of England Stock, 2491 250 ; India Stock,
412'41 ; India 5 per Cents., 1064 ; do. Debentures,
i; and do. Bonds, 265. prem.
transactions iu the Foreign Market are very
mu eh curtailed. The principal feature is a decline
11° Spanish Passive of the prices being 201 ;
bullish 5 per Cents. have also declined *, to 291 1 ;
the Mexican are steady at 17-1- 18f ; Greek at 14 1 ;
63ea Spanish Certificates at 141 k ; and Italian at
4 54. The New Russian Loan is firm at 11 I.
h In the Railway Share Market a pressure of sales
Nas caused a downward movement in prices. Great
b:rthern A Stock has receded 1 ; London, Chat-
cr-tn' and Dover, and North Western, each ;
rent Western, a ; and Midland, 1.
Tile Foreign and Colonial lines also show rather
Ic3 s 1
firulness• Great Luxembourg are dealt in at
; Recife and San Francisco at 98 10 ; Great
estern of Canada have declined to 148 ; and
ha
East Indian to 107:1 1081.
American
securities show little variation. Illinois
44" advanced 41 to 81, 82 ; Erie shares are firm at
; but United States 5-20 Bonds have de-
-.`&! it+ to 72a a.
Sank shares remain very quiet. British North
elerican have advanced to 461 I, and Anglo-
4fY,Ptian to 12 Consolidated remain steady, at
London and County at 671 68 ; and Union
~I-40ndon at 438.
Illiscellaneous and Finance Shares are flat; Anglo -
AtTerican Telegraph have declined to 15i 8.
Dantic Telegraph 8 per cents. to 721 ; and National
°unt Co., to 141; Crystal Palace Stock has
4.rcrved to 29, and Peninsula and Oriental Steam,
7n,
vl•
Atlantic and Great Western Railway Debentures
are steady at 51 52, and the Consolidated Mortgage
45°Lds, at 381 38/ ex coupon.