The Sun.
London, England, 1867-08-07 00:00:00

-

MONEY MARKET

ACID
COMMERCIAL INTELLIGENCE.

TWELVE OTLOCIC.
The demand in the general discount market con-
flues very moderate, and the business transacted
as led to 110 change in quotations, which still re-
tain at 1i for first-class short-dated paper.
Gold to the amount "of £50,000 was taken to the
auk of England yesterday.
The steamer Larlace, from the Brazils, has
rrived with £95,168 in specie ; and the Galileo,
elonging to the same line, has brought £52,272.
The report of the directors presented at the meet-
ig held to-day of the Mediterranean Extension
'elegraph Company stated that the revenue and
xpenditure of the past half-year were about equal
) those of the preceding half-year. The Corfu
able had been successfully repaired, at a cost of
'695, and both lines are now in excellent order.
the interruption continued from the 9th of De-
enaber till the 4th of May, owing to which a
apse of 56 days of the Government Guarantee
ecurred. The directors recommended the usual divi-
.end of eight shillings per share, less income-tax,
11 preference shares, equal to 8 per cent. per an-
Inn, and three shillings per share, free of income-
az) equal to 3 per cent. per annum on the ordinary
hares, such dividends to be paid as soon as the
Honey shall be received from the other telegraph
6d►ninistrations, and tho balance carried to the re-
,erve fund.

At the meeting of the City of London Brewery
company (Limited) an ad interim dividend of 6
ler cent, was declared. _ _

At the meeting held to-day of the East London
lailway Company the lirectors' report entered
ally into the state and progress of the works, which,
hough well advanced, have not been so rapid as could
)e desired.

Atlantic and Great Western Railway Debenturee
'cumin steady at 26 28 ; and the Consolidated
qortgage Bonds have risen I, to 22i 23.
At the meeting held to-day of the Electric and
[nternational Telegraph Company the report Mated
that the receipts for the half year slightly exceed
those of the corresponding period of last year, being
£167,461, and the net balance £68,995. The
directors, therefore, had much pleasure in recom-
mending a dividend of 5 per cent., free of income
Lax, upon the stock of the company, and a dividend
at the same rate, viz., 2s. 6d. per share upon the
new £lO shares of the company, over a period of
five months from the Ist February, the date at
Which the first call of £3 was made. After pay-
bleat of this dividend there is a surplus of £14,626,
out of which the directors recommended a sum of
£lO,OOO should be added to the trust fund, leaving
the balance to be carried forward. The trust fund
'will then amount to £105,174.

Two o'CLocK.

According to Reuter's telegram from Paris to-
day, the French Rentes were 69f. 250. Firm,
'lather animated.

Continuous rain and cold, at a period when
sunshine and warmth are considered to be necessary
for harvest prospects, have had some further effect
11130 e the speculative account in Consols at the
Stock Exchange. Values, however, have only
suffered by remaining unaltered when an advance
might have been reasonably anticipated.
The quiet manner in which the session is passing
fe its close, the abundance of money, the quietude
Of Continental politics, and the certainty of •enor-
tnuus supplies of foreign grain to compensate at low
Prices for any deficiency of our own crops, all tend
t° support quotations in defiance of the determined
efforts of speculators for a decline. Consols con-
tinue quiet but firm at 94 it.
The, New Threes and Reduced Annuities are
931 i ; Bank of England Stock, 260 ; India Stock,
220 ditto 5 per Cents., 112 I ; and ditto Bonds 703
Prem.

Very few dealings are recorded in the Foreign
bepartment, and they are as follow :--Brazilian,
1852-60, 63i ; ditto, 1865, 75 ; Equador New;
Consolidated, 121 12 ; Egyptian (2d issue), 841
ditto, 1864, £lOO Bonds, 851 85 ; ditto Govern-
Inent Railway Debentures, 81 ; Greek, 13 ; Por-
tuguese, 1853-60, 391 ; Russian, 1850, 861 ; ditto,
1862, 851; Anglo-Dutch, 851 ; Spanish New De-
ferred, 311 ; ditto Passive, 211 ; Turkish, 1854,
; ditto, 1862, £lOO Bonds, 561 571 ; ditto,
.1865,30 t ; and Venezuela, 1862, 18.
Considerable depression has prevailed in the
itailway Share Market, consequent upon the decla-
atlou of unfavourable dividends by several of the
principal lines. Great Northern has receded 3,
411 d the A. Stock 1 ; Midland, 11 ; North Eastern
Vierwiek), and South Eastern, each / ; Great
Western, Lancashire and Yorkshire, and Metro-
Aolita,n, each 1 ; and Brighton, North Western,
411,1 Great Eastern each 1.
The Foreign and Colonial lines are also a
4ade flatter. Great Luxemburg have receded to
l,u°l ; Grand Trunk of Canada are marked 161 ;
Great
Indian Peninsula 1071 108 ; and East
Indian 1088.
Ilank shares still remain very inactive, but in
170 st instances support previous rates, Consolidated
elng dealt in at 48, Imperial Ottoman at 8/, Lon-
don
and Westminster at 93, and Union of London
at 39. 40.
Miscollaneous and Finance shares are flat. At-
lantic Telegraph 8 per Cents. have declined to 71i ;
Fore-street Warehouse are marked 121 ; Universal
marine Insurance 31, and National Discount Com-
-I)anY 11/ ex div.

MINING MARKET.
WEDNESDAY AFTERNOON.
Qil.ll the market business has continued very dull.
t urverton Moor, North Treskerby, Basset, Chiver-
tcl3, and Grenville are a shade flatter ; while Chou-
'. e's, Prince of Wales, North Crofty, and Great
121 maintain former rates. Annexed are the cur-
eehtl.t quotations :
~iverton Moor
e'rrill_tales Gold
4f 41 Prince of Wales.— 55s 57s Gd
Easturd Amalgamate 6 6f Providence Mines ...
Eastßasset l4 1G South Coudurrow lOs 12s 6d
Caradon — Tincroft l2 121
t Lovell 6l 7 West Chiverton...... 63 66
•-':st. Russell
Gt%rs Wheal Grenville Wheal Basset
reat Laxev
eatlia., Wheal Vor ... 161 171 Wheal Chiverton 6k 7
liouQ) Valley 4l 4i Wheal Grenville 10s 12s Gd
rtia Crofty

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
3 133 r ()out. Consols
B ° Account, Aug. 8 94 f 4
14.,,Per cent. Reduced 93 I
No 3 per Cent 93i i I 4
ij%' 21 per Cent. Jan. 1894 —
e
1, °. 5 per Cent. Jan. 1873
tluities 30expire sth Jan., 1880
D , yrs,
ip for 30 yrs, expire sth April 885 —
o.(lted Sea Telegraph), An,,., 1908
4„1, Marcn.
s'eauer Bills, £l,000
lip
£5OO pm
tau 1)30. £lOO & £2OO — pin
of England Stock, 5k per Cent
130. Account
Ito. INDIAN GOVERNMENT SECURITIES.
lau Stock, 10k por Cent., April 1874... 220
Matt Stock,
0 account
b • 5 Per Cent. July, 1880
C). 4 per Cent., Oct. 1888
% Certificates —
D°• 1:, °faced Paper 4 per Cent —
Dr: s: Per Cent., Jan. 1872
jj',.: 54 por Cent., May 1879
- 1)0-

Juno,

24 pm
- pm
- pm
2G2

. -
Debentures
"u• bet,. 5 • C t Aug. 1.73
DoD , per _eu-., -.-•
pm
...
o• Bonds, 5 per Cent., £l,OOO
70 pm 63
undor, £l,OOO
A FOREIGN FUNDS—CLOSING PRICES.
4',Zo.rnttine Republic, 6 per Ceiust,su
razLilliannl3°ndsul'seupter
''''".
_
651
l)0. 4i leper Cent., 1852-58-60
63f
LO' 1863
___
1)°. 5 per Cent., 1865 .1.i.,)0 Account 75 i
_
tti",3o4. £lOO Bonds
Cent
_
13 )°8 Ares 6 per
cent.)
Q,l, 2 per Cent. (Deferred 3 per
_
(I,_ Intaan, 6 per Cent.
0 w't, per Cent.
-,silian 6 per Cent _
420. 41 Per Cent ...._
U -
V). t. ' I).t. Cent A .
n B
1867 ..
bo 17
2f dis
Ll.Luit;, ~ Scrip, £5O paid b- 0 Tier Cent., 1825
b 3. 5. per Cent., 1864
...
:,!,loublan Principaliti3p, 7 per Cent
ili ~ 8 per Cent., 1867, paid-up Scrip
r'll4(T Nevi' Consolidated, 1 per Cent l2}. 12