The Sun.
London, England, 1867-07-16 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGZINGE,

TWELVE O'CLOCK.

In the general discount market there is little
change to report. The demand for accommodations
is not very active, and the resources at hand are
ample for all legitimate requirements. The rates
charged for the negotiation of first-class short-
dated paper range from 2 to 2k per cent. in the ex-
ceptional transactions of 18 per cent.
At the Stock Exchange loans on Government
&curities are readily obtainable at 1i per cent.
The report of the Alliance Bank, to be presented
at the meeting on the 19th inst., states that the
net amount of profits, after making all necessary
deductions, is £19,812 for the half-year now to be
disposed of. The directors recommend the pay-
ment of a dividend at the rate of 3 per cent. per
annum, and that £l,OOO be written off building and
furniture account.

In the Foreign and Colonial Produce Markets
there has been very little animation during the last
few days. Sugars have barely sustained previous
rates, while the operations in coffee have been too
limited to make any great change in values. Rice
has been dull, and the transactions in tea have been
delayed until to-day, when a large quantity of China
produce will be offered at public sale. Tallow has
a!so been in limited request, at about late rates.
Atlantic and Great Western Railway Debentures
have declined 1, to 28 30, but the Consolidated
Mortgage Bonds remain steady at 23 24.
At a meeting of the City Bank this day a divi-
dend was declared of 6 per cent. per annum, and a
bonus of 4s. per share, together equal to 10 per
cent. per annum free of income-tax.
There were no gold operations at the Bank of
England yesterday.
The New Zealand Trust and Loan Company
have declared a dividend at the rate of ss. per share,
or 10 per cent. per annum.
The mail from Guayaquil has brought a remit-
tance of £638 on account of the dividends on the
debt of Equador.
IN RE CASTELLO- V. SLEIGH.—The defendant
was introduced to plaintiff in 1865, and an agree-
ment was entered into that he should act as broker
to the Tasso Brazil Gold Mine, and agreed
to pay him £l,OOO in the event of the directors
allotting the shares, ho (the defendant) hav-
nig arranged with the company fox the
consideration of £5,000. These facts were
being proved when the defendant agreed at
about one o'clock (and before the plaintiff had
Completed his case), to submit to a verdict of £lOO,
which the plaintiff assented to, it being more as a
matter of principle that he had brought the action
than for the sake of damages.

Twol'o'CLocK.

This being the last day of the settlement in the
flarket for Foreign Stocks, railway and other
shares, very little business is reported, and prices
kay be considered almost nominal. Still there is
Considerable firmness, the changes in prices being
of the smallest fractional importance. Consols are
firm at 94/ a for money, and at 94i 95 for the
account.

The New Threes are 94194 ; Reduced Annuities
941; Exchequer Bills 265. prem. for March, and
228• prem. for June ; India Stock 218 216 ; ditto
5 per Cents. 1111; ditto Enfaced 5 per Cents. 1031;
ditto Bonds 16s. prem.
Scarcely any dealings are reported in the Foreign
Market. Spanish Certificates have advanced f,
to 151 161 ; Russian Scrip f, to 11 prem. ; Chilian
Scrip, j, to 11 prem. ; but Greek remain at 14k ;
Mexican at 161 ; Italian at 491 ; and Spanish
Passive at 221.
Business in the Railway Share Market continued
rather inactive, but in a few instances prices exhi-
bited an upward movement. South Eastern ad-
/.anneci -I, Great Western I, South Western 1,
Metropolitan 1, and Midland 1f; while Lancashire
and Yorkshire have declined f.
Miscellaneous and Finance Shares aro neglected.
Rodson'a,Bay Company, however, have improved
t° 151 ; Credit Foncier of England, to 31 ; National
Discount Company, to 11; ; Peninsular and
Oriental Steam, to 42.
Bank shares are flat. Alliance have receded to
131 14, Chartered Mercantile of India, London,
and China to 27 271, and London and Westminster
remain steady at 105.
In the Foreign and Colonial lines there is no
change of importance, Great Luxemburg having
receded to 101; South Austrian and Lombardo-
venetian are marked 151; Great NV astern of
eanada 14/1 ; East Indian 107/ ; and Great
Indian Peninsula 106/ 1071.