The Sun.
London, England, 1867-02-15 00:00:00

ONEY MARKET

AND
COMMERCUL INTELLIGENCE,

TWELVE O'CLOCK.

The directors of the Credit Fowler of England
ha ve issued their report, together with a statement
of accounts, made up to the 31st January, 1867.
It states, after the trying and harassing period
through which this and other companies have just
passed, and to the depression in almost every
branch of joint stock enterprise which still con-
tinues, owing partly to that exhaustive reaction
which always follows a time of active speculation,
and partly to the great losses experienced by
holders of nearly every description of securities,
it will not surprise the reflecting investor that
from the above-mentioned causes, as well as from
the prudent abstention of the directors from en-
tering into fresh liabilities, apart from those neces-
sary to the development of the various industrial
undertakings with which this company is connected,
the profit and loss account does not, for the first
time, admit of the declaration of any dividend.
In conclusion, the directors state that it will be seen
that if the company is charged on the one hand with
the amount paid by way of capital, and interest from
the day such capital was paid at 184 per cent. per
annum, together with the 'amount paid for pre-
miums on shares, the sum of £2,196,433 will have
to be accounted for. On the other hand, if the
amount of money actually distributed to the share-
holders as dividend, &c., be added, viz., £383,791,
to the net amount of the assets of the company, as
Per balance sheet, £1,812,642, a total is reached of
£2,196,433, thus showing not only that no losses
have been sustained Tv shareholders, even on the
Payment of premiums, but that an average amount
equal to above 184 per cent. per annum has been
actually paid in dividends for a time embracing the
whole period from the earliest formation of the ori-
ginal company in February, 1864, up to Jan. 31,
1867.

The annual report of the English and Australian
Copper Company states that the net profit for the
Year ending 30th June, 1866, applicable to dividend,
amounts to £3,324, and declares a distribution of
18. per share payable on the Ist March next.
At a meeting held to-day of the Telegraph to
India Company the directors recommended the
payment of a dividend for the last half-year at
the rate of 5 per cent. per annum.
Affairs in the discount market to-day are with-
out the slightest change of importance. The rates
are very easy and the inquiries moderate.
The sum of £10,090 was withdrawn frota the
Bank of England yesterday for Egypt.
The Bank of England return, completed to the
week ending Feb. 13, is of a favourable character.
The bullion shows an increase of £153,189, and
there is an augmentation in the reserve of notes to
the extent of. £516,525, while the other securities
have been diminished by £398,876. Annexed are
the particulars
Public Deposits . . .£6 870 680 Increase ....£873,243
It
Otest her Deposits " 17'476'265 Decrease... 791,330
3,564,865 Increase ... 5,824
On the other side of the account :
‘,i,e_verrinient Securities £13,111,068 No alteration.
ether Securities... 18,317,542 Decrease £398,8/6
4.4°tes unemployed ... 10,587,295 increase 516,526
The amount of notes in circulation is £22,630,785,
being an increase of £393,385 ; and the stock of
bullion in both departments is £19,177,382, showing
an increase of £153,189 when compared with the
former return.
In the Foreign and Colonial Produce Markets,
during the last few days, there has been very little
animation. The supplies of most of the principal
staples have been light, and prices generally have
remained without material variation.

Two O'CLOCK.
Acc°rding to Renter's telegram from Paris te-
maY, the French Rentes were 69f. 47c. Heavy.
With a very depressed appearance all the Stock
Exchange markets opened this morning. After a
little heaviness prices assumed a more tranquil posi-
iien, and are now considerably better. Consols have
advanced per cent., viz., to 901 91 for money,
and to 91 for the account. 'The New Threes and
ReclUced Annuities are 891904 ; Bank of England
Stock, 253 ; India Stock, 107 1 ; ditto Enfaced,
he Foreign Stock Market shows very little
change of importance. Turkish 5 per cents. have
advanced 1, to 34 ; Russian Scrip 4, to 21 1
Pbrom 4,; but Spanish
aseive have declined 4, to 221 4 ; and the Certifi-
cates. to 14i ;
and Greek are firm at 141 15 ; and
the Chilian Scrip at 14,
The transactions in British Railway Shares have
been on an extremely limited scale, and little change
of importance can be reported. Great Eastern and
South Eastern have each further receded 1; while
Metropolitan and Midland have each improved 1,
and North-Eastern (Berwick), 4.
The Foreign and Colonial lines have been very
inactive, and prices have been without change.
Paris and Orleans are marked 36 ,Great W 1
of Canada, 14k 1 ; East Indian, 1061 106 k estern
; and
Great Indian Peninsula, 1061.
American Securities remain very depressed. Eric
shares have declined 4, to 38 39 ; and Illinois shares
1, to 78 79 ; United States 5-20 Bonds are steady
ht 731 I.
Atlantic and Great Western Railway Debentures,
however, have advanced 1, to 31 33 ; and the Con-
solidated Mortgage Bonds 4, to 261 27.
deal
sank Shares continue very dull ; Alliance being
t with at 171; Consolidated, 41; London and
County, at 65. Oriental Bank Corporation, at 43 ;
and Union of London, at 441 451.
Miscellaneous and Finance shares continue in-
active, but in most instances support previous rates.
Credit Foncier of England are marked 34 13-16ths ;
Anglo-American Telegraph, 151; London Finan-
cial, 7 ; and Peninsular and Oriental Steam, 661.
Mersey
At the meeting held to day of the Thames and
Marine Insurance Company, the report of
the directors recommended the payment, free of
income-tax, of the same dividend as last half-year,
t 04., 2s. per share, and a bonus of 25., making
gether 4s. per share, or at the rate of 20 per
tcent• for the year ending 31st December, 1866, on
bhe Paid-up Capital of the company, and that the
,ea rd be empowered to pay a similar dividend and
"
~13,°nnu for the half-year ending 30th June next,
nould they deem it expedient.
i.44nexed is a report from Wheel Buller, Feb. 13,
1;67: "Stevens's Shaft.—The 92 West.—The
In this end is 3/ feet wide, producing tinny
17work, and letting out a quantity of water, but has
.t as yet drained the 80-fathom level. The 80
.n ti 3 worth for tin £25 per fathom. The winze
g under this level is worth £4O per fathom ;
" s'
fallin Off 14_ gin this winze in the lode is not so
per Stope in the back of this level is worth £9
Tii.f4,_t h°nl. The 80 West is worth £l2 per fathom.
fati; sTho'°Pe in the back of this level is worth £2O
per
° fin 14. The 70 East is worth £10." p
foll •
‘, owing is a report from Bryn Gwiog
th_
..e course of ore has been cut in the bottom of
"02 fath
mine, tat4o ems level at this worth £5O per
n and the mine generally looking better."

MINING MARKET.
in the
FRIDAY, Two o'Clock.
11'no Mining Market there has been more ani-
"l, and a fair business has been transacted in
of Wales, Great Retallack, North Crofty,
eBt Chiverton, Seton, South Grenville, Redmoor,
444 Chiverton Moor, at steady prices. Annexed
Ire the
current quotations :
ta-1".11 Oanlhorne, —s ----s ; Chiverton Moor, 6162 ; Chon-
tietnst,GOld, 21 1;
Clifford Amalgamate, 61 ; Cooks
i-co, 11 11± ; Drakewells, —; East Basset, 18 20 ;
16('1:11.-01C;aZifl, 51 1 ; East Carn Brea, 3 31; East Lovell,
Great Russell, 3/ ; East Wheal Grenville, 11 2 ;
'4,K°Y 15 16; Great North Downs, 31 1; Great
ti-e-ae; 473 Gd 50s ; Great South Tolgus, lOs 15s;
Great wheal 'Vor, 17 171 ; Marko Talley, 4 41; North
23'11,51 Al; North Roskear, 101 111; North Treskerby,
Pwdmo; o'r,in°° of Wales, 34s 3Gs; Prosper United, 3 31;
C'renville9B 11$ ; South Condurrow, lGs 18s; South
8s 103 ; south llerodsfoot, —; Tincroft, 121
Nst; We'st Caradon, ; West Chiverton, GO 621 ;
Neal
104v7131"°t' 04 66 ; Wheal Buller, 26 28 ; Wheal
011., 8 81 ; Wheal Grenville, 18s 20s ; Wheal Seton,