The Sun.
London, England, 1867-11-16 00:00:00

MONEY MARKET

AND
COMME,RCIAL INTELLIG74NCE,

TWELVE o'CLocE.
The discount market has closed for the week with
the same steady demand which has been evinced for
some time past, although the amount of floating
capital is not quite so abundant the rates have
undergone no change ; 1i per cent is now more
frequently obtained than hitherto.
The specie movements during the past week
have been on a rather extensive scale.
The imports, which have amounted to about
£406,997 have included £17,520 from New
York by the Persia,
.£14,07 by the Geneva, £5,000
by the
City of Paris, £21,500 by the France, and
£l,OOO by the China. The Essex, from Melbourne,
has brought £120,000; the Sir John Lawrence,
from Sydney, £251,400. £17,300 in gold has been
received from Portugal, and £8,650 in silver from
the Continent. The exports have been £B,OOO to
to the Brazils by the Seine, and there have been
remittances to the Continent through 'private
sources estimated at £331,676, the total amounting
to £339,676.
The suspension was announced yesterday of
Messrs. William Alfred White and Co., hop, seed,
and isinglass merchants, with liabilities reported to
amount to more than £70,000. Nothing appears
yet to have transpired with regard to the assets,
but the connexions of the firm are said to be wealthy.
Speculative purchases of hops and clover seeds
are mentioned as the cause of the difficulty. From
18631 when the house was formed, until last year,
when a dissolution of partnership took place, its
title was Hewitt, White, and Co.
meeting has been held of the East Anglican
Railway, when the propositions of the Great
Eastern
Railway, with regard to the financial re-
lation of the two interests, were rejected, and a
committee of five was appointed to consider any
other arrangement which may be suggested.
The report of the directors of the Oriental Gas
Conepariy--,
to be presented to the ordinary general
meeting on the 25th November, states that the
general revenue account shows a balance available
for dividend—after adding £l,OOO to the reserve
fund—of £12,192 from which the directors recom-
mend a distribution of 6 per cent., free of income
tit; Payable
making on the 3d day of December next,
, a,king, with the interim payment of 3 per cent. on
'to
Year. June last, a total dividend of 9 per cent. for the
Messrs. J. 11. Schroder and Co., of Leadenhall-
!treet, have announced the dividend due on the Ist
December
V on the Bonds of the Cienfuegos and
a Clara (Cuba) Railroad Company.
Atlantic and Great Western Railway Debentures
have advanced to 20 21 an tho Con-
solidate
d Mortgage Bonds
are steady, atd 18i 19k.
The New Honduras Loan is I prem.
The directors of the English and Australian
Copper Mining Company (Limited) have received
advicee from their manager, dated Port Adelaide,
28th September last. The quantity of coal at
as the was 72 tons,, at Kapunda 50 tons, and at
port 607 tons. There were three furnaces at
work at Rooriega, and five furnaces and one re-
flerY at Port Adelaide. A shipment of 100 tons
c°PPer would be made in a few days from the date
of writing.
h The directors of the Argentine Central Railway
ha
notified that they have succeeded in raising
the
lull capital for the completion of the line. The
81un required was £600,000 to make up the
`.1,600,000 originally specified in the concession,
and which is to carry a guarantee of 7 per cent. Of
this the
Are•entine Government subscribe £300,000,
while th
° remaining moiety will be taken by Messrs.
(113r1,-seY, Wythes, and Wheelwright in 7 per cent.
debentures of the company at par, having five
Years to run. At the same time the period fixed
for c°mPleting the line has been extended to the
31st of October next.
The committee of the lludson's Bay Company
have issued their report, of which the following is
all abstract :" The report at this season cannot
profess to give the results of the current outfit, or
to predict accurately the nature
which will be made up on the of the, accounts,
31 May . are
able, however, to state
that thest returnsnext of the ear
y
promise to be satisfactor,far as the quantity of
takenfurs , is concerned although a partial falling off has
vplace in martens, and although a large por-
tion of the returns from Mackenzie's River has not
been forwarded. The ships which sailed for Hod-
ba' Bay in June last have returned iu safety,
Wg delivered their cargoes, outward and home-
° ard, in good order. The attempt made by us to re-
Pen trade with the Esquitnaux north of Churchill,
and to profit in some degree byte whale fishing, has
io.a been successful. The failure, however, in the latter
Tlch of enterprise is, we believe, common to the
veear,
n -L'lmph, and to almost every other vessel en-
-1,1.,ged in the same pursuit. The present condition
commercial affairs in the City of London has not
been favourable for the sale of ourproperty
in Fen-
church-street p
on such terms as the committee are
preparedlslaed to accept. The de
unression in Vancouver's
the
settled stagye
and British p
Columbia still continues, and
the
United
Colonof the question of the capital of
on
Y has a tendency to augment it.
to take o ever, that we have placed our busi-
ness there
tie" a sounder footing, and we shall con-
hie measures for reducing the expenses
compatible
1111'0 on the \Vest Coast of America, so far as is
°f the co S
to with maintaining the commercial position
131lare • lIIPan
be Y• The usual dividend of Bs. per
paid in January.
I

There Two o'CLocK.
is very little animation exhibited in the
..-nglish Stock Market, although a firmer tone pre-
N:ailg,
Consols for money remain at 94i 1 ; while_
fe'
ths ReCOULIt ex dividend they have improved
1-I.Gth to 93i.
5,1: h‘l Nevr Threes and Reduced Annuities ar: Per Ceuta
; India 5 per Cents., 116 15: 1161; ditto
ratrfo'tehrlet%olroooigit;l and Enfaced ditto, 881.
Stock Market the tone has been
crhef firnier. Italian have advanced i, to 45 451 :
zitieZ!.. , to 11: 124 ; Mexican 1, to 14: 151 ; and
h
Pa:-",14h 5 per Cents. I, to 32 321. , while Spanish
C remain steady, at 201 1 • and the New 3 per
4 ,
An,
32Lei.
Aineri
Unit eau Securities show a general improvement.
Erie ed Statis 5-20 Bonds have advanced I, to 7011;
to i
8611 res,
w3ac_vo_
iv,tin u e d
dlepperrescesi
on: ..
has
4 1
prevailed4Bk ; and n Illinoisth eR a
it.,
at further Share depression
most of the principal lines being
aAnic d 1 a'"
l'eduted rates. Caledonian have receded
44CINorth Eastern (Berwick), each 11;
_ _ot ashire aha
11',.3,,tern,
~-a_l,e ropolitan,
eae‘
i;
an:Yorkshire 1, Great Eastern and
Souand Great Western, North
1; naateriar
South Eastern, each 1.
Buylna Foreign
Itlld Colonial lines remain without
, variation. San Paulo are marked of Canada,l3abl and San Francisco, 134; Great Western
qr l6i I ;
13eat Indian Peninsula, 109 a k
East Indian, 110: 111 ; and
Lonaank Shares have been in very limited request.
601 ,°II and County, however, have improved to
o( v 1;
and -Union of London, to 34: 351; Lon-
d„11 and Westminster remain at 70 701 ; and Lon-
v..n ti. oint Stock, at 351 I.
in 'ltlscellaneous and Finance Shares in one or two
t.ll :nees3 area shade flatter. Peninsular and Orion-
ho ''eatt have declined to 55 1; Fore-street Ware-
at LISe, to 1.2 i ;
Anglo-American Telegraph remain
181 183- ; and Royal Mail Steam, at 65 651.

ALINING MARKET.
SATURDAY, Two P.M.
ac.:‘• Very limited amount of business has been trans-
eli.cl ill the Mining Share Market. The shares
velellY in request are Prince of \Vales, West Chi-
,,,_ll°ll, Chontales, and South Frances. Annexed
grc,arh tbe closing quotations :____
ci.ol:it3armitiiler:
d. 25 30 ; Chivertork Moor, 51, 6 ; Chontales
~.,' ' A ; Clifford Amalgamated, Gt Gj ; East Basset,
als 3, ' a on, 61 6i; East Lovell, —; East Russell,,t
..,ax" ; rrolltillo aud Bolivia Gold, 165 Od 18s Od; Gres.
~ _
17 18'3:' I`i 18 ; Great Retallick, 3} 3; ; Great Wh al Vor,
-li' Marko Valler4
y, GI 61; North Crotty, 213}; North
risicerby, 348 36a Prinuo of Wales, 51s 0,1 33s ; South
e°3'
° 42; West chivorton, 09 71 i \\lea' 33AW0ti