The Sun.
London, England, 1867-06-25 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.
In the general Discount Market the demand for
accommodation, as usual at the end of the quarter,
has been slightly on the increase, and the rates
current for the negotiation of first-class paper
range from 2i to 2+ per cent. It is not expected,
however, that it will continue, as the distribution of
the dividends ou Government and other Stocks i❑
a few days will cause a large amount of additional
capital to be thrown on the market.
The sum of £62,000 was taken to the Bank of
England yesterday.
The following vessels have arrived from New
York with specie, viz.—The City of Paris with
£182,677, the Borussia with £33,600, the Deutch-
land with £2B,2s7—making a sum of £214,534.
The reply of Mr. Leo Schuster, the late chair-
man of the London, Brighton, and South Coast
Railway, has been published to the report of the
committee of investigation, and is an exceedingly
lengthy document. It denies generally, and in some
cases very specifically, the charges made against
him, showing that the statements are coloured, and
in many particulars greatly exaggerated. With
respect to the branches and extensions which from
1854 to the present time have been carried out,
Mr. Schuster distinctly avers that they have
been forced upon them, and that the numerous
attempts to invade their territory compelled them
specially to adopt many with the simple object of
protection. He argues that his policy and manage-
ment produced most satisfactory results, and that
the present embarrassments of the company have
arisen from causes over which the directors have
bad no control. His property invested in the
shares of the company is £77,000, and he has not
varied or changed his interest, believing that the
undertaking will still emerge from its difficulties

and become more remunerative than ever.
The liquidators of the Accidental and Marine
Insurance Corporation have issued a report upon
the affairs of the company. They state that the
total claims amount to £183,585, besides which
there are other claims to come forward, which
Will make an amount of about £236,000. Since
the liquidation a call has been made of £5, and
a further amount of £5 remains to be called up.
Out of the proceeds of the call they have made, and
of the previous arrears (together with some brokers'
balances on marine accounts), the liquidators are
now prepared to pay a dividend of 2s. in the pound
on all admitted claims, and they will then retain a
Sufficient sum in hand to pay a like dividend on all
estimated future claims. The dividend will be paid
go soon as the list can be got ready.
In the Foreign and Colonial Produce Markets
during the last few days there has been a very
Moderate amount of business entered into. Sugars
have in some instances been a shade cheaper, while
only superior qualities of coffee and rice have main-
tained previous values. For cotton prices generally
have ruled in buyers' favour, while in tallow the
operations for present and forward delivery have
been to a fair extent at fully late rates.
The report of the Imperial Mexican Railway
Company is to be presented on the 28th inst. The
receipts show a net balance of £52,171. for divi-
Bien between the company and the contractors as
follows ; viz., £13,978 13s. 4d. to the contractors,
and £38,192 12s. 10d. to the company.
The directors of the Imperial Ottoman Bank
have issued their fourth annual report to be pre-
tented at the meeting on the 27th instant. The
het available balance amounts to £214,501. The
committee recommend a payment of Bs. per share,
Which, with the amount paid in January last, will
be equal to a dividend of 9g. for the year, and leave
a balance of £4,277 7s. 6d. to be carried forward.
The traffic receipts on the Atlantic and Great
Western Railway for the last week in May amounted
to $121,056 against $125,242 in the corresponding
Period last year, showing a decrease of $4,186. The
total receipts for the months of May were $459,370
against $451,477, in the same month of 1866, ex-
hibiting an increase of $7,893.
The Bank of New Zealand are now receiving for
Payment the outstanding Eight per Cent. Treasury
13ills of the New Zealand Government, due 30th
tat. ; the coupons for interest due on all unpaid
New Zealand Government Eight per Cents. ; on
Auckland Harbour Seven per Cent. Loan, £25,000;
04 Canterbury Six per Cent. Loan, £500,000 ; on
Canterbury Eight per Cent. Loan, £30,000 ; Otago
Six per Cent. Loan, £500,000 ; and on Otago Eight
Per Cent. Bonds, £75,000.
The Belgium Public Works Company (Limited)
:lave announced that the No. 1 interest warrants on
'he A preference shares in that company, due Ist
(3,.,1 July, will be paid, on presentation, at Messrs.
Smith, Payne, and Smith's, No. 1, Lombard-street.
At the meeting held to-day of the Scinde Rail -
Ray Company, the Indus Steam Flotilla, the Pun-
Flub Railway, and the Delhi Railway, the reports,
°f a very voluminous character, were presented,
ivirig in detail a full statistical :account of each
concern with the financial arrangements, which ap-
peared satisfactory.
The Anglo-Austrian Bank have announced that
0 'cY will be prepared to pay, ou the 1 t July, the
eoupon:due on that day, at the rate of 4s. 9d. per
Share free of income tax.

TWO O'CLOCK.
A very small amount of business has been
transacted to-day in the market for the Fnglish
Funds, and prices remain at the lowest quotations
„t
f"' Yesterday, viz., at 94 for transfer, and 944 1
s:/r the account. There is neither life nor activity
i
any of the other Stock Exchange markets, which
411aet be otherwise accounted for than by the
4itevailing want of confidence felt in the several
:41,i,lway companies and anticipated further unfavour-
mute expositions.
The New Threes are 934 4, Reduced Annuities
0,
; Exchequer Bills 265. prem. for March ;
rok of England Stock, 2b34 255 ; India Stock,
~e'r account, 216 ex div ; ditto 5 per Cents.,
4.08 i i.
F
Very little business has been transacted in the
°teign Stock Market. Mexican have advanced
to 161 ; and Russian Railway Scrip 4, to 4 dis.
Par ; bait Spanish Passive have declined 4, to
24 ; Certificates 4, to 144 4 ; Greek 1, to
15 ; and Chilian Scrip 1, to par to 1 prem. ;
33 an remain at 524 1 ; Turkish 5 per Cents. at
b ; Russian Scrip, at 14 prem. ; and Danu-
tart at 7 5 dis.
ttA heavy tone has again prevailed in the Rail-
aY YShare Market, sales, to some extent, having
,eellt pressed, prices, in most instances, showing
'lleiderable depression. Brighton, South Western,
and Metropolitan have each receded 4 ; North
`,extern 1, Great Northern and North Eastern
(lerwick) each 1 ; Midland 11 ; and South Eastern,
; while Great Eastern have improved 4.
t T ihe Foreign and Colonial lines shows little varia-
wol. Great Luxemburg are dealt in at 114 ; Great
estern of Canada, at 141 ; East Indian, at 1104 ;
d Madras 5 per Cents., at 1034.
thla American Securities there is great stagnation,
e only variation being a decline of 4 in Unite d
41 teg 5-20 Bonds, which are 724 73. Eric Shares
e ttechanged at 391 40; and Illinois at 791.
te Atlantic and Great Western Railway Debentures
0411 steady at 31 33, and the Consolidated
chttgage Bonds at 25 26.
eank shares rams very quiet, Alliance being
104 at 154 ; Chartered Mercantile of India, Lon-
ti,s4, and China at 304 ; Oriental Bank Corpora-
`',ll brought 434, and Union of London, 394 40.
tllaliscellaneous and Finance Shares exhibit little
tiettzlge, Atlantic Telegraph 8 per Cents. being
$t alt in at 874 90, National Discount Company
'3i, Credit Foncier of England at 31 4, and
eeroY of Egypt Morgage Loan at 714.

• MINING MARKET.
TUESDAY AFTERNOON.
c"
tontied activity has prevailed in the market
111,;40nu..a.Y. The shares chiefly dealt in have been
"'lee of Wales, West Prince of Wales, Great