The Sun.
London, England, 1867-10-29 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.
Continued
quietness prevails in most departments
of business in the City, and there is still a very
'muted inquiry for discount accommodation, with-
out any change to report in the rates current.
The sum of £7,000 was taken from the Bank of
England yesterday. The bullion market continues in
a.very quiescent state, and the prices are as follows:
Bar gold, 775. 91d. per oz. standard ; do., Part-
ing) 788. ; doubloons, Spanish, 755. 6d. to 765. per
Oz. ; do., Mexican and South American, 735. 9d.
to 10d. ; United States eagles, 7Gs. 31d. to 41d. ;
bar silver, ss. id. to id. per oz. standard ; ditto,
containing gold (5 grains and upwards), ss. ;
dol-
lars,
Mexican, 4s. 11d, to id. per oz. ; cake silver,
658. 4d.

It is stated that the following decree has been
4sued in Madrid with respect to the conversion of
the passive Debt :

" ROYAL DECREE.
"The conversion of Redeemable Debts and De-
'erred of 1831 has encountered a tenacious oppo-
sition in a certain foreign market, but, notwith-
Btanding this unjustifiable resistance, the majority
()f the creditors have presented their funds for
conversion.
, "The nominal amount presented up to this day
ti Madrid, London, Amsterdam, and Paris, amounts
) 195508,845 reals, first-class •, 184,382,620
teals, second-class internal ; 318,856,000 reals,
:efennd-class external ; 63,586,000 reals deferred
1831—total, 762,333,465 reals, which have
4 a,_,Kled upwards of 230 millions to the Treasury ;
‘a
,1u) as the remaining creditors cannot hope that
e nation will modify in their favour conditions
aecePted by the greater number, it is to be hoped
that before the 31st of December next, when the
eon
versation will be definitively closed, the remain-
uer •
, in circulation will be presented for conversion.
The said remainder amounts to 56,172,851 reals,
st class ; 233 734,221 reals, second-class internal ;
:"4,912,000 reels, second-class external; 1,954,000
'ells, deferred of 1831—total, 567,773,075 reals.
" October 18."
At the meeting to-day of the Chontales Gold
and Silver Mining Company the directors stated
that with regard to the mines they had no doubt of
the Yield being ample, and they consider the exist-
ing Plant adequate to give returns that would pay
telli,rrent expenses, but they cannot conceal from
;boar
shareholders that failure in the supply of native
;b°llr has upset these calculations, and may there-
ore
e Prevent the realisation of profits so soon as was
,-ntcteci• The directors, however, have the greatest
leave
in the value of the property, and will
no effort untried to overcome every difficulty,
and
trust eventually to obtain success. The audited
accennts embrace every outlay up to the end of
e'lne last. The mines are well stocked with ma-
,rials for every purpose, and every description of
ost is close paid up.
Ihe nineteenth report of the Cape Railway Com-
-111.0411Y was presented to the shareholders at the meet-
' g held to-day. It stated that there had been a
e:)nsiderable increase in the traffic returns for the
half Year ended 30th June, and from the accounts
;en that the receipts for the six months had
;en £22,495 14s. 2d. against £20,591 13s. 3d. for
corresponding period of last year. The work-
ing expenses for the like period exhibit an apparent
The ease from £17,066 Bs. 10d. to £18,590 ss. ld.
pen is due to the fact that in the working ex-
-4,e4 of this period of the year 1866 the sum of
11'1882 13s. 6d. expended on the renewal of decayed
coeePere was not included, but charged to capital ac-
lit, and that the cost of cartage and delivery of
fr Ro°ods •
in Cape Town (£5Ol 2s. Bd.) was deducted
io LQ the receipts. In the present account of work-
and expenses the sum of £629 16s. 10d. for cartage
£853 11s. 4d. for renewal of sleepers have been
iticol:sc•
lead.proThfit eofresult of the half-year's working
/3,405 9s. Id., in addition to the
t4._ count paid by the Government on account of the
er rites leaving a balance on revenue account,
1,,e,r Payment of interest on the Debenture debt
After other current home charges, of £10,805 15s.
mature consideration, the directors have de-
Laifeu to recommend that a dividend for the past
freelear at the rate of £4 per cent. per annum,
of Income-tax, should be declared, payable ili
deferredheth. Warranto, Toy.- L.,
eh 'llSed to receive these deferred warrants in pur-
pease Of the 6 per cent. preferential stock of the corn-
kie,Y) on the payment in cash of such small balances
j'aY be required to enable the stock to be issued
gliebroken sums of not less than £5.
thesNeje to the amount of £500,000 has arrived by
At•
rato from the West Indies.
remaian,Le and Great Western Railway Debentures
n steady at 251 261, but the Consolidated
Ptage Bonds have declined 1, to 20 21.
dalti the Mining Loan Market during the past few
cut °lllsr a limited amount of business has been
hAv:ed into, but prices, with a few exceptions,
, remained unaltered. Moderate transactions
Arevie been entered into in sugar at about
us rates, holders showing no disposition
1141,01)ress sales. Superior qualities of coffee
ratheB°ld readily at full values, and there has been
kat:. more enquiry for rice, without, however, any
il
tebai change to note in prices. Cocoa has been
br,rea for co some extent, and a slight advance
has b;ell
established in cotton. Tallow, however,
Ott en In limited request, and quotations for pre-
Thed forward delivery have slightly given way.
Nee. Pfecl 4nriquita Mining Company (Limited) have
15ttrao a(lvlces, of which the following is an
ti •
tiadeTrhe C°repany's agent at Santa Marta writes,
'Sterio"4to of 3d October, that the mail from the
the let! of the country had not arrived in time for
Tht to go forward by the present steamer.
4, 444,1°ing is an abstract of a letter from Santa
nY -eeeived by this' mail, which should have arrived
„„„,
last
ER
19th' 4.
AB67trac,,_
, from Superintendent's letter of August
],)ilte, A
-,Of - m•
, Mine—Thestopes at the bottom of the
siaol,_ 'eve' hale been dry for the last 15 days, we
Nr‘k4ve Mineral waiting for the new shaft. We
et _
'say that the damage done in this shaft was
the re than we expected. 'We were prevented
t 4,114 e4t and smoke from going down the shaft,
1413q15.°rting more fully on this before. The
itlet), 14 the north end from the seventy to the
aiittty fathom level gave way, carrying
145 tt)°llle fathoms of the skip road. We
tliglish and native limbermen w0rk-
.415 alt s night
and day, and shall have the shaft in order
i°llth JE3 from this. Driving the 120 fm. level
i4t4ortie-21nra's winze. We have now driven 3
.tl)rn ft• in this end. The lode has greatly
„
si
14rtz and it is now 3 ft. wide, composed of
and
vet, i) Pyrites, and a little native and grey
;°* driv riving the 70 cross cut west. We have
are mall
e,ll 6 fin. 1 ft. in this cross cut, and have
re yet stream of water, by all appearance we
An AZonear the lode.—London,' " Oct. 29, 1867.3
I!tp, 371111 t Pursuant to the Act 8 and 9 Vict.,
tovvi °f the:Amount of Bank Notes authorised
.'savein to be issued by the several Banks of
liotlreland, and the Average Amount of
• th (18 io Circulation, and of Coin held
• da F°ur -Weeks end:
3' of October, 1867 :-

44419 41,41 Title.

..

\%%•••
114
or Tr ,
e4and
............
N'l taxial 1,4?lIk of Ireland
timlie_a3.,tiri company
4'4'tt?r Ta4.Bkaunkr,.m.p
......
otiikt:, co. .........

3,738,428
927,667
281,661
243,440
311,079
852,269