The Sun.
London, England, 1867-01-16 00:00:00

MONEY /ISIARKET

AND
COMMERCISI INTELLIGENCE,

TWELVE O'CLOCK.
There is a little stronger tone in the Money
Market to-day, but 2i to 3 per cent. continue to be
the lowest quotations for the last bills of short
date.

At the Bank of England yesterday there were
no gold operations.
The report of the London Financial Association
(Limited) for the past half-year states that after
Payment of current expenses there remains a
balance of £13,858 Is. 10d. at the credit of profit
and loss, but the board regret their inability to
recommend the payment of a dividend on the opera-
tions of the six months.

The annual general meeting of the London and
Westminster Bank was held to-day, when a divi-
dend was declared at the rate of 6 per cent. per
annum, and by way of further dividend out of the
profits a bonus of 13 per cent. on the paid-up
capital.

A meeting of the shareholders of the Ebbw Vale
Company (Limited) has been held for the purpose
of considering the question of reducing the nominal
amount of the shares and the issue of preference
shares. After consideration the meeting appointed,
with the approval of the directors, a committee,
consisting of four influential shareholders, viz.:—
Mr. E. R. Langworthy, of Manchester; Mr. F.
Phillips, of Lee Priory, Kent ; Mr. R. Longsdon,
of London ; Mr. M. Curtis, of Manchester, to con-
fer with the board on the above-named points, as
well as to report generally on the affairs of the
company.

On Thursday next the half-yearly meeting of the
Consolidated Bank will take place, when a payment
of interest to shareholders for the six months end-
ing the 31st December last, will be considered. It
is understood that, at the same time, it will be
stated that the Bank is preferred to cash, it,s out-
standing promissory notes less rebale of interest.
A report has been published by the International
Financial Company. It states that after valuing
all the securities at the lowest market prices on the
31st December last, the accounts show that the pro-
fit of £30,693 brought forward from the last ac-
count has been absorbed, and, further that a loss of
£23,934 has been incurred, and is written off
against the reserve fund, now amounting to only
£4,846.

Two o'CLocK.
Affairs at the Stock Exchange this morning pre-
sented a favourable aspect, but speculation having
taken an adverse turn, there is now a little depres-
sion in instances 'where buoyancy previously pre-
vailed. These changes are likely to continue, but
they are only evanescent, the substratum of the
markets for all Governmental and well approved
securities being remarkably firm. Consols at the
present moment are about 90/ k for money, and
908 for the account, showing a decline of per
cent. compared with the latest quotations yesterday
afternoon. The New Threes and Reduced Annui-
ties are 94 ; Exchequer Bills, lls. to 13s. prem.;
Bank of England Stock, 249 k 250 ; India Stock,
2124 ; India 5 per Cents., 106/ ; do. Debentures,
1023.; and do. Bonds, 265. prem.
Transactions in the Foreign Market are very
much curtailed. The principal feature is a decline
Spanish Passive of I, the prices being 20k ;
Turkish 5 per Cents. have also declined to 294 I ;
but Mexican are steady at 17/ 188; Greek at 14 8;
the Spanish Certificates at 144 ; and Italian at
534 54. The New Russian Loan is firm at 18In the Railway Share Market a pressure of sales
hag caused a downward movement in prices. Great
Northern A Stock has receded / ; London, Chat-
ham, and Dover, and North Western, each 8 ;
Great Western, a ; and Midland, 1.
The Foreign and Colonial lines also show rather
'egg firmness. Great Luxembourg are dealt in at
; Recife and San Francisco at 9/. 10 ; Great
Western of Canada have declined to 14k 4 ; and
Bast Indian to 107/ 1088.
• -American securities show little variation. Illinois
44 45
advanced k, to 81, 82 ; Erie shares are firm at
45 ; but United States 5-20 Bonds have de-
clined
to 721 /.
ABank shares remain very quiet. British North
merican have advanced to 46k I, and Anglo-
4;Yptian to 12, /. Consolidated remain steady, at
4
5 ; London and County at 67k 68 ; and Union
of London at 43/.
AMiscellaneous and Finance Shares areflat ; Anglo-
merican Telegraph have declined to 15/
antic Telegraph 8 per cents. to 728 ; and National
Discount Co., to 148 ; Crystal Palace Stock has
improved to 29, and Peninsula and Oriental Steam,
to7oa.
Atlantic and Great Western Railway Debentures
are steady at 51 52, and the Consolidated Mortgage
Bonds, at 381 38/ ex coupon.