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

MONEY MARKET

AND
COMMERCIAL INTALTAGENCR,

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 21 per cent. It is not expected,
however, that it will continue, as the distribution of
the dividends on Government and other Stocks in
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 £244,534.
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
1834 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
had no control. Ilis 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
so 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-
sion 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-
Rented at the meeting on the 27th instant. The
net available balance amounts to £214,504. The
committee recommend a payment of Bs. per share,
Which, with the amount paid in January last, will
be equal to a dividend of 9s. 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 $1,186. 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
of the New Zealand Government, due 30th
Lust. ; the coupons for interest due on all unpaid
New Zealand Government Eight per Cents. ; on
Auckland Harbour Seven per Cent. Loan, £25,000;
on 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)
have announced that the No. 1 interest warrants on
the A preference shares in that company, due Ist
u July, will be paid, on presentation, at Messrs.
~,t
I:nith, Payne, and Smith's, No. 1, Lombard-street.

At the meeting held to-day of the Scinde Rail-
aY Company, the Indus Steam Flotilla, the Pun-
Janb Railway, and the Delhi Railway, the reports,
Of a very voluminous character, were presented,
giving in detail a full statistical :account of each
concern with the financial arrangements, which ap-
reared satisfactory.
The Anglo-Austrian Bank have announced that
they will be prepared to pay, on the 1 t July, the
eoupon:due on that day, at the rate of 4s. Od. per
Share free of income tax.

Two o'CLocK.

A very small amount of business has been
tFunds,
to-day in the market for the Fnglish
i!lnds, and prices remain at the lowest quotations
(.111 Yesterday, viz., at 94 4 for transfer, and 944
for the account. There is neither life nor activity
14 any of the other Stock Exchange markets, which
allnot be otherwise accounted for than by the
prevailing want of confidence felt in the several
railway companies and anticipated further unfavour-
able expositions.
The New Threes are 934 4, Reduced Annuities
"38 ; Exchequer Bills 265. prem. for March ;
Bank of England Stock, 2b34 255 ; India Stock,
r account, 216 ex div ; ditto 5 per Cents.,
"LoBi
8
Very: little business has been transacted in the
"reign Stock Market. Mexican have advanced
,it.) to 164 and Russian Railway Scrip 4, to 8 dis.
2°3 par ; but Spanish Passive have declined 4, to
2834 ; Certificates 4, to 141 1 ; Greek 4, to
1
; and Chili= scrip 4, to par to 4 prem. ;
Italian remain at 524 4; Turkish 5 per Cents. at
bj ; Russian Scrip, at -2 14 prem. ; and Dann-
-1411 at 7 5 dis.
A heavy tone has again prevailed in the Rail-
way Share Market, sales, to some extent, having
been
pressed, prices, in most instances, showing
e°llsiderable depression. Brighton, South Western,
4114 Metropolitan have each receded ; North
1 "estern 1, Great Northern and North Eastern
(13erwick) each 1 ; Midland 11 ; and South Eastern,
1
; while Great Eastern have improved 4.
1 he Foreign and Colonial lines shows little varia-
tl2ll. Great Luxemburg are dealt in at 111 ; Great
‘ "estern of Canada, at 141 ; East Indian, at 1101 ;
4111:1 Madras 5 per Cents., at 1031.
ln American Securities there is great stagnation,
only variation being a decline of 1 in Unite d
tateg 5-20 Bonds, which are 7211- 73. Erie Shares
re unchanged at 291 40; and Illinois at 791.
Atlantic and Great Western Railway Debentures
r
I\eirrlaill steady at 31 33, and the Consolidated
'°rtgage, Bonds at 25 213.
Bank shares remain very quiet, Alliance being
fi.
o`tt at 154 ; Chartered Mercantile of India, Lon-
ti n, and China at 304 a ; Oriental Bank Corpora-
°lt brought 434, and Union of London, 394 40.
ill‘liBcellaneous mid Finance Shares exhibit little
(Lange, Atlantic Telegraph 8 per Cents. being
at 134,
in at 87,1 90, National Discount Company
v 134, Credit Foncier of England at 34 1, and
eerny of Egypt Morgage Loan at 71ij.

MINING MARKET.
TUESDAY AFTERNOON.
Coatillued activity has prevailed in the market
pr '.(I4Y. The shares chiefly dealt in have been
Df Wales, West Prime of Wales, Great