The Sun.
London, England, 1867-11-25 00:00:00

MO NEY MARKET

AND
COMMERCIAL INTELLIGENrt

In the g TWELVE O'CLOCK.
eneral discount market there is no material
change to report. There continues to be a mode-
rate inquiry for accommodation, and previous rates
are maintained, viz., at 11 1 per cent.
In the corn market to-day business remains very
quiet, and last Monday's current rates for home-
grown and foreign wheat are barely maintained.
Barley, oats, beans, and peas are a shade cheaper,
Ichile flour remains without change in value.
The liquidators of the Imperial Mercantile Credit
AssociAion have arranged with the creditors to
accept the balance of their claims in six equal half-
Yearly payments, with interest at 5 per cent. per
araum.

The mail from Guayaquil has brought a remittance
of £529 is. 9d on account of the dividends on the
debt of
Ecuador.
The A.nglo-Argentine Company have issued a
Prospectus requiring a capital of £50,000 in shares
of LI each. It is intended to purchase silver mines,
smelting and reduction works, at Hidalgo, in San
Juan, a province of the Argentine Republic. The
mines and works are to be transferred without
allY cash payment whatever, except the amount
expended on them viz., £45,000 being taken
11P by the parties interested entirely in paid-up
shares, not to be issued until a dividend of 20 per
cent• shall have been earned out of profits upon the
Other paid-up capital of the company. The works
are in a
state of perfect efficiency, requiring only
lorganisation to commence at once operations on a
arge scale. According to the last advices they are
w Yielding a large percentage of profit on the re-
stricted and altogether inadequate funds with which
they are being carried forward. A new feature in
the arrangements is
that the share certificates can
be converted into share warrants, which will be
transferable without any transfer deed.
A meeting was held to-day of the Central Argen-
tine Railway Company far the purpose of autho-
rising the issue of the remainder of the capital of
ther company, and to give directions as to the mode
issne. Of the amount required, £600,000, the
I,l'e•entineGovernment, duly authorised by Congress,
has subscribed for 15,000 shares at par, equivalent
talebentures
by .300,000. The remaining moiety will be taken
.Y Ahura. Beassey, Wythes, and Wheelwright in
of the company at par, bearing interest
~t 7 per cent. The period for the completion of the
line has been extended to the 31st December, 1868.
r°lll the manufacturing districts the accounts
stnitte that during the past week there has not been
„.4,e1l animation exhibited. At Manchester the
Wardsof cloths and yarns have still tended down-
wards
; while in the woollen districts of Leeds,
t -a`4f°r€l) and Huddersfield, the operations en-
tered
° in,
to have been principally confined
ill lots of goods to sort up stocks.
pit tthe hosiery trade of Leicester more acti-
anv,Y 'as prevailed, but at Nottingham scarcely
eet't change can be reported in the rates current for
district hosiery, and lace. Business in the hardware
heliire4,ta of Birmingham, Sheffield, and Wolver-
recTon has been rather more active, owing to the
etitilPt of orders for armour plates, railway iron, and
Atlantic
chiefly from Canada and the United States.
antic
titre ' and Great Western Railway Deben-
date" Alo 114Ve risen to 201 21 ; but the Consoli-
rtgage Bonds ave ne to
The
Prete elv Hondurash Loandecli is fird m 14
at je to 81
la The bi
and o. •
„„ Iron trade is quiet at Teesside and Cleve-
during no important contracts have been made
488. oa the past week. The list prices are—No. 1,
Deliver.' NO. 3, 435. 6d. ; and No. 4, 425. 6d.
errant
ee keep up pretty well, and the stock in the
toter al
b store is 71,319 tons. Forge iron is in
tinentalt al
demand, but shipments are restricted. Con-
ho Inquiries inquiries are scarcely so numerous. The
Trtiac°llsninption, however, does not appear to flag.
The nufactured iron there is still very little doing.
tine. proposed reduction is the theme of conversa-
Will b It is generally understood that 10
per cent.
net e taken off the wages, but the masters have
stated what will be the exact prices offered.
the to th arrivals and sailings at Newcastle, according
rival: Customs books, have been last week :
Ar-
cluate%3o screws;
eled! 191, including 34 screws ; sailings, 123, in-
but these returns give no ade-
over 21Aea of the trade of the port, as considerably
day . sail of the ships left the port laden yester-
ich
,easelsnt •
f ding several large British and foreign
of °r various parts of the globe, the major part
1,
Freights'eh
e not reported.
some tend On the week generally are steady, with
are eff eneY towards improvement, except such as
-
Dunnected n ,Y special influences.
gods tlePogolthe Past week 107 vessels have arrived at
seven importing timber, six iron, two
lit, ring the e
cme each oil elk() and cement ; whilst
•:est „-anle period 84 ships have sailed. At
timber "r"ePool 64 ships have arrived, 21 having
grain, a cargoes, four merchandise and goods, six
periodl3anle nd ne each salt and stones. During the
Ilerev 87 have left the port, including nine
eif • steam
-ere. There is a scarcity of ships, and
...LB are looking up.

Two o'CLomes tc4, t the Paris Bourse to-day, according toBfß7eustne
liali:E3j3eeting Egyptian finance favourable Ifillkii the 3 per Cont. Rentes werebl
be ..,eetirece___ „, 6e
accounts
ill'llinril A`l'rv.euLaarnkdinaucpomonn'tl
bineicaantbiojenc.wtf.ill shortly
lc% - "I"ltiPerial Ottoman Bank will, i
• ' 11° the 1
to„ etters cf allotment of the new Egyptianpossible,
itigtriel -morrow.
I 'Railway Share Market the operatione have
_
bi'veeelttv° a fair extent, and, with the exception f
ealea -gortllern
411, ' Price' are a shade firmer. Midland. have
) which have declined 2 upon forced
.134k111,e,ezcl i) Caledonian il, and LancashirbeLand
rth-i're and XrthEastern (Berwick)
teur!a Pore;
g 4 and Colonial
_lines are in moderate
and '..,.t, generally at steady prices. South3l.o
San
F 541 'c'llabardo-lrenetian are quoted
We tc:' 16i; Grand Trunk of Canada, 117 f; • Great
1111-111 °f Canada, 14 ~} ; East Indian at 1104
• e; am Great Indian Peninsula, 1104.
0 Bank sis
County,
""it yank'ares remain inactive at previous rates.
tl 1 are marked 13 ; London and kilk,44',London and Westminster, 69 ; Orien3t4al.
Ali o-,:il ; '"cl Union of London remain at 33*
in.
ketiv:-"kleena and Finance Shares continue a ,
F 0,0: Credit Foncier of England realise 215-16 C
m:
Pao...:treet
ouse, 11i ; Hudson's Bay
Pe.!. 14 ;pational Discount Company, pi 011 ;
4ititi.ii„
67i 5 and Oriental Steam have improved to
c3i 658. i ; and
Royal Mail Steam are firm at
On the st
411"'n 'ln I.,„ck Exchange English Securities have
f
besin ',--1 -"arc' teridenc , and a large amount .
vanceeds 448 beett transacted. Consols have ad
kid
,3 s, and the
, latest prices are 94f i for money,
eths
.16 i ler the sth December ex div.
54 ,) „-- 'lv Threes
B,l'
.ditto are 92f i 3 ; Reduced Annuities,
zs:.o 41 Annuities 0880), 9 ; Exchequer Bills,
161, to' 318. prem.
; India 5 per Cents., 116 1154
4,,ree bebenit:
116.41,e8 ) ditto 5
tie'riteatter baoyancy has
rPeers(lCB7)B:, 100' ; Enfacod ditto,
per Cente., 10444 34 4 ; and ditto
103.
qeLley. )
Italian
prices generalpiyresvhaoilwedaninutpt Frdoreteignn.
i) to /2,-(taliall have advanced ,to 45i 46;
i)., , 1 i ; Alexican, i, to 14,1 15 ; Spanish Pas-
-31., 1) to 22i A • d•
3-16ths, to
b 5 34 • 4 7 Imo 3 per Cents., Greek,
Of 4, ' a4(.1 Turkish Lines, 32i, 33, an advance
merle
t.2otan Securities are depressed. United States
,at A ?4(la are 1-16th lower, at 751 f ; Erie Shares
1 47 ; and Illinois 1, at 84i 85.

MINING MARKET.
kirk 1.
kClOtie
r
e'
'Very quiet. Princgl:7TalesAT,:Cnoi
xirve. e3dri .at or ne
Chon tales chiefly dealt in.
Nng quotations
ttrn
ntales
4srea, 2o 27; Chiverton Moor, 51 Ch°
Basset, 11
11. 1; Clifford Amalgamated, 6i 61 ; East
at Caradon, 51 6 ; East Lovell, ; East Russell,_rea,
ontitto and Bolivia Gold, 18s Od 20s Od ;
1118°Y, 171 18 ; Great
; Great Wh al
Noor,
rth
6i 61; North Crotty, 21 ; .
;
4414rbYi 834 oa a,54; rrinco of IYALN, 2i 21" 1?11