The Sun.
London, England, 1867-10-26 00:00:00

lONEY MARKET

AND

COMMERCIAL INTELLIGANCE,

TWELVE O'CLOCK.
Business in the City has remained very quiet,
although rumours of an adverse character have been
current with regard to affairs on the Continent,
which, however, require confirmation. In the
general discount market there is no change, as the
attendance in commercial circles in the City as usual
ou Saturday is very restricted.
The sum of £2,000 was withdrawn from the Bank
of England yesterday.
With regard to the suspension of Messrs. Vivanti,
Annett, and Co., it is stated that the liabilities are
about £300,000, and that the books are placed in
the bands of Messrs. Honey and Humphreys,
accountants.

The directors of the Rio do Janeiro City Im-
provements Company (Limited) have declared a
dividend at the rate of 7 per cent. per annum in
respect of revenue for the half-year ended 30th June
last.

Messrs. Baring Brothers and Company an-
nounced yesterday having received the sum of
£1,376 4s. Bd. from the Custom-house at Sabanilla,
on account of New Granada dividends.
The traffic receipts of the East India Railway for
the week ending September 8, 1867, amounted to
£30,616 Os. 9d., against £31,776 13s. 7d. for the
corresponding period in the previous year, showing
a decrease of £4,160 12s. 10d.
Atlantic and Great Western Railway Debentures
have advanced to 25} 26i, and the Consolidated
Mortgage Bonds remain steady at 21 22.
rile annexed circular has been issued by the
Peninsular and Oriental Steam Navigation Com-
pany :—" Peninsular and Oriental Steam Naviga-
tion Company Offices, 122, Leadenhall-street, Lou-
th); L.C., Oct. 25,1867.—The managing directors
ueg to announce that, it being probable that the
Bengal will not reach Suez before the 7th November,
they hare arranged, with the sanction of the Post-
master-General, to defer the departure of the Ripon
from Marseilles from the 28th to Thursday, the 31st
thst.) at seven a.m. The mails will be despatched
from London on the evening of Tuesday, the 29th
instant."

It is stated by Messrs. Layton and Co. in their
tea circular that the arrival of several clippers with
the new season's Moning congous has been the fea-
ture of most interest during the past fortnight.
'In() to choice qualities, suited especially for
export, have met an active demand at full to
extreme prices (2s. 2d. to 2s. Bd. per lb.) ; the
licirne trade have also bought freely of good and fine
grades, but those without character, of which there
are several chops, are difficult to sell at quotations,
and remain for the most part in the importers
handa• Our remarks of 9th inst., as to the inferior
quality of the new Kaisows, are confirmed by what
have since come to market ; but few really true
tettB have arrived, and the bulk consists chiefly of
Poor and undesirable kinds, for which there is little
or 71° inquiry ; nearly 3,000 packages of these have
been already sold in the auctions without reserve, at
a considerable decline from rates previously cur-
rent by private contract. There is no material
alteration in the tone of the market for teas of old
iniport ; rather more business has been done in
Pekoe flavoured congous up to ls. 81, but
common blackish leaf is still quoted at llid.
to 14d. per pound. The last China auc-
tions took place on the 15th inst. ; 12,559
packages were printed, of which 11,992 were
"without reserve." The salespassed without spirit,
and several parcels of new season's Kaisow congou,
of common to fair quality, sold at lower prices.
Canton scented teas brought fair rates. The few
fresh arrivals of green tea have found buyers at ex-
treme prices. The estimated stock of tea in the
United Kingdom on the Ist instant amounted to
72,634,000 lbs., which is a decrease of about
13,000,000 lbs., compared with that of last year at
the corresponding period.

Subjoined is an extract from Messrs. Ryland's
Iron Trade Circular :—The iron trade generally this
week—we are speaking more particularly of the
latter end—has revived from the partial pause
brought about by the late crisis in foreign affairs.
IN'ot only have markets recovered their tone, but a
real busy trade is being carried on in all parts of
the country, in all descriptions of iron. Material
evidences of this improvement are afforded in the
increased demand for ore and coal. Wolverhampton
market was firm—almost strong—in spite of the
bad news from Liverpool. Pigs were steady, and
makers resolute, so as to keep up what slight ad-
vance had already been attained to in All Mine
tT, and more business was done than had been
anticipated. In manufactured iron, although
should be at this season, the business done
0:14. comparatively moderate, several orders from
AlPPing houses for the United States and South
tilierica. being held in abeyance under the par-
;War circumstances reported from Liverpool. On
lrininghana Exchange, which was influentially
rended, the full amount of mischief likely to ensue
i Liverpool failures was at once estimated and
rdiscounted. The conclusion arrived at was much
llere satisfactory than had been expected, no par-
ties in the trade being likely to be affected, or, if at
all,in but a small degree.
bee he specie movement during the past week has
on a rather extensive scale. The imports,
1 ,ch have amounted to about £313,840 have in-
eled £51,000 from New York, by the America ;
£1,500 by the City of Boston, and £2,040 by the
.7
Sonia; the Gala, from Australia, has brought
it.ll°°o ; the Copernicus, from the Brazils and
viver Plate, £lOO,OOO ; and the Cordova £60,000,
nu,e Pera, from Alexandra, has arrived with
1118'4°° ; and the Massilia with £3,700 ; the Re-
from the Cape of Good Rope, with £5,000 ;
.ill about £25,200 in silver has been received from
the
Continent. The exports have been £10,345 to
u_e East Indies and China, by the Syria ; and there
t:i've been remittances to the Continent through
vate sources, estimated at £363,328 ; the total
mounting to £466,733.

Two O'CLOCK.
tmillie Market for the English Funds has exhibited
Blight fluctuation, consequent upon the an-
°-Ineernent in the Moniteur that the order for the
delay of the embarkation of the troops destined for
quotations
had been rescinded, and the receipt of lower
411°tations on the Paris Bourse. Consols have
Count
1, to 94i. 1 for money and the present ac-
and% to 944 for the December settlement.
D,, New Threes are 921 ; Reduced Annuities,
Cz ; Exchequer Bills, 275. to 30s. prem.; India
"e ; ditto 5
yer Cents., 1131 114 ; ditto Enfaced 4 per Cents.,
NIL prew. per Cents., 1041 ; and ditto Bonds,
a '4 the Foreign Stock Market prices have been
thel)tesed, owing to the intelligence from Paris and
izat.:f 41' in the Rentes and some of the Foreign obli-
-41"8. Italian have declined 1 per cent. to 43/,
; 'l\irkish 5 per cents., to 311 ; and Spanish
t ertificates 1, to 161 ; but Greek have advanced I,
; and Mexican 1, to 15 / ; while Spanish
remain firm at 19 /.
Prevailedj'll the I'lailway Share Market a heavy tone has
rem Consequent upon the reported. advices
the Continent, and the preparations in prom
gress for the settlement of the account which coin-
in,,„_
oi`-"‘,ee on Monday next. Caledonian have de-
p.l,let4 Great Northern A Stock 11, South
AI 1,1, Great Western, North Western, and
latlcieue'ler, Sheffield, and Lincoln, each / ; Mid-
doll 1, Great Eastern, 1; and Brighton, and Lou
,;,chatham, and Dover, each 1.
Change " Foreign and Colonial lines remain without
bare,?f. importance. South Austrian and Loin-
Ire °" euetian are flat at 13i 14. Great Luxembourg markea
ndian, 1101 1101 ;
48t "oi 1; Great Western of Canada, 1614. ;
tTlitiittulerican
sUla, 1071 107 a and Great Indian Pepin..
4 •
Securities exhibit a decline of / in
the States
tr 5-20 Bonds, and 1 in Illinois shares,
*l,,.s:ieeri being respectively 69/ and 78 79. Erie
"13“, ii continue at 45 46.
ank %area have remained in very limited request.