The Sun.
London, England, 1867-11-26 00:00:00

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attended

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of dining
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through-
city. All
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and Mrs.
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to that it
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UP,' bet, 11,
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.___................___
BIONE2 MARKET

A ND
I:OAIME.ROIAL INTELLWENCE,

TWELVE O'CLOCK.
14 the general discount market the supplies of
capital on offer are ample, but the demand for ae-
ectlulll I irla°ndgai
iohg
tn is only ; the rates demanded
from 1i to 1i per cent.
Notice has been given that 2,515 bonds, repre-
forting 272,760, of the Viceroy of Egypt's Loan
tio £3,387,300, have been drawn for redemp-
n at par on the Bth January next.
Chin
Anxiety is felt for the steamship Thunder, from
a for Calcutta. She has £53,000 of specie on
board.
The death of Mr. Welch Miller, insurance broker
Of Lloyd's, was announced yesterday. His affairs,
it Will be remembered, were recently assigned to an
accountant for settlement, in consequence of his
protracted illness.
Business in the Foreign and Colonial Produce
Markets during the last few days has been rather
inactive, although prices generally have' remained
Steady. In tea the operations have been extremely
restricted, a small quantity of Indian produce,
thrdeasr.
ver, is announced for public competition
Sugars have been in very moderate
demnand, but superior quantities have maintained
full values. Coffee has been in fair request, at about
late Prices ; While in rice, cocoa, fruit, and spices,
the dealings have been to a fair extent, but have led
to no material change in values. Tallow has been
ja very moderate demand, and prices generally
have shown a slight downward movement in all
Positions.
It is satisfactory to notice that the reforms which
were stated to have taken place in the management
of the Turkish Treasury begin to exhibit encourag-
ing results. Although this is only the month of
IS'oveneber we are informed that almost the whole
of the funds required for the dividends and repay-
Molts due next January on the foreign debt of
Turkey are already in the hands of the Imperial
Ottoman Bank in London and Paris.
Messrs. Edward Lloyd and Co., merchants, 9,
Austinfriars, have suspended payment. The
liabilities estimated to rank against the estate are
about 230,000. It is expected that the assets will
Show about 10e. in the pound. The stoppage has
been occasioned by the failure of a company that
was largely indebted to the firm. The books have
been placed in the hands of Messrs. Coleman,
..eureinand Young, and Co.
With regard to the tea trade Messrs. Hulbert and
Co. state that--e" Since the date of our last circular
the tea market has remained in much the same quiet
State as then described. The only feature to ob-
serve has been the heavy clearance by the home
trade
during the past week, in face of
the uncertainty regarding the mode in which
the Chancellor of the Exchequer may seek
ezfunds to meet the cost of the Abyssinian
leedition. Ihe duty payments for the week ending
13th
inetant represent a total exceeding 3,300,000
8. ; and privately business has, in consequence,
become eomewhat contracted.
Messrs. W. J. and 11. Thompson, in their colonial
41a.,d foreign produce circular, state as follows :
a 'though the state of political events on the conti-
j:t i 8 know more settled trade remains without
Sc o'o:yen:lent, and Consols, as well as
the
notice, being many other
izearitiee, above a further decline. The produce
toarket4 do not present any alterations of interest
steady, and operations decrease as
atiedend of the year approaches. Sugar suddenly
of trhather year
became quiet at the close
as b.„“iB Week, when the refiners again appeared
hay -YerB of West India. Low brown descriptions
rate e shown a slight decline from the late enhanced
forth attained.
The stocks in all the ports have
ia er diniinished as the home deliveries keep very
torso European beet sugar has not fallen in price
eol extent likely to interfere materially with the
fore of cane grown. A reaction may there-
dule be
looked for unless the refined market is 1111-
,1a Y depressed. Coffee is firmer. 110,000 bags
went' Bce'l sold at Amsterdam on the 20th instant,
rather over the valuations.
Theear, annexed letter has been published with re-
gard to the Daria draughts of the Viceroy of Egypt,
which we alluded in our impression of yesterday—
" The Firse, Lee, Nov. 23.
tha"tSirreOn the 22d inst. it came to my knowledge.i
tress etehrtain bills issued by the Daira of his lighha
Lond e Yioesoy of Egypt, and made payable
ej'n) nad been left without provision.
eorne adent that this could but be the result
his
high misunderstanding I at once telegraphed to
44 rveLial, and. received the following answer :
Mena hat instructions had been sent to Messrs.in
queati"„ce, Sons, and Co. to provide for the bills.
teiegr-n,. but that, owing to the interruption of
aePlue communication (now resumed), some
ee„uad unfortunately been occasioned.'
keus-21 receipt of this telegram I applied to Messrs.
tleniree and Co. for its confirmation. These gen-
'voulellbat °nee replied that the bills in question
Iloare e paid on application to Messrs. Barnett,
servaservan'taud CO.--I remain, Sir, your most obedient,
nt
in " Jollier W. LARKING,
At tit, England for the Egyptian Government."
hiessrJ
same time a letter has been received from
!Attu:B J. L. Menasce, Sons, and Co., of Liverpool,
to x3-,g that the draughts in question, which amount
and o'l'o,oo, will he paid at Messrs. Barnett, Hoare,
dee 83 and that a further sum of £26,000 ng
110,1;11 the Ist pros. will likewise be paid atfalli th at
With t„
regard to Mexican Bonds we are requested
Publish the following communication :
SIR TO THE EDITOR Or THE SUN..
ieterreMessra. Irving and Slade having, in the
of st,,sft of their principals, addressed the Secretary
issued-"e for Foreign Affairs respecting the circular
whic of
by the Mexican Government, a copy
t_
iNt ',appeared in the London Gazette of the 15 b
mesh have been favoured with a reply com-
l.. leau„
eueddiee g the purport of a despatch from Mr.
kez;,,'°n, her Majesty's Charge d'Affaires in
that ", explanatory of the above circular, in which
me gentleman states that the Mexican Govern:
tech bonds
decided not to admit the validity of
the of the national debt as have received
and Stang) of the Imperial Government,
reseitroceeds to offer it as his opinion that the
result
ofOf
teethe decision will be "a repudia,-,
aliegin grea part of this national debt,
that jag ,•1 ilia reason for arriving at this conclusion
the r the year 1865, in consequence of a decree of
inter4nrilltrrial Government, the greater part of the.
stamp, bonds- were sent in to receive the Imperial
e fear th •
thaa 11 therefore, it may also be presumed
e yeara,iti,lie foreign loans raised since and during
emperiaa Gov
have been issued and stamped by the
the preeevernenent, the only debt recognised by
prior to p Government of Mexico is that issued
ueett, vizue,establishment of the Imperial Govern-
_°°nsolidat•o4le old loans of 1824-1825, which were
uever receive and arranged in 1850, and which have
corresne,,e'red the
Imperial stamp. A copy of the
e-euenoe.
"srfi• Irvin, between the Foreign Office and
eati diet "g and e, from ch bon
the litl
vv their
,ecioepr: all
entioned
ownSla cdonclusions, whi
may bed seeolnders at
1 address.—l am, Sir yours, &c.,
W. W. HOLMEg.
"Court, Throgmorton-street,
Nov. 25, 1867.

Two o'CLocK.
t04:3 At The Paris 13ourso to-day, according to Router'sBoe
`v firm.
t.
he
bWe are r : per Cent. Penton were 68f.
equested by the committee of the Greek
Tg°fldholders to announce the receipt of the follow-
telegram from C. L. W. Merlin their agent,
uqated Athens, Nov. 22, 1867, 1.22
will be
accepts bondholders' conditions—BillGreek
I be presented to Chambers to-morrow."
reinll the market for the English Funds there has
e very little fluctuation. Consols for money
sth proxi
tnlain steady at 944, i while for the account on
ego di's,, at
they have declined k, to 931 i
Sto„greater buoyancy has prevailed in the Foreign
4 ck Market, and in most instances there is a rise
prices. Mexican have advanced 1, to 16 i ;
6 re(ik i, to 121 13 ; Italian I, to 46k I; Turkish
'Per Cents 3-16, to 33k t ; and Spanish Passive
rto 231 a.
tll; 24- The 3 per Cent. Spanish New Stock
e -itns at 331
Tito Iv ,k.
531 . - -,ew Threes are 93:1 i ; Reduced Annuities
. Per 7 Exchequer Bills 28s. to 31s. prem. ; India 5
Cent
e, 'B. 116 i 1151 ;
oeutures 57 pre ditto 4 per Cents. and
m.