The Sun.
London, England, 1866-07-25 00:00:00

1110NfY-XAIKET

AND
COMMERCIAL INTELLICIENOE,

TWELVE o'CLocK.
The Money Market is inactive, but the floating
capital is abundant, and there is also an opinion
that the present onerous terms required for the
negotiation of commercial paper cannot remain
much longer, and that a modification is certain
within a short time. As yet the mercantile classes
have to pay from 8 to 10 per cent. for good short-
dated bilis.
A gum of £25,000 in sovereigns was withdrawn
from the Bank yesterday, and £9,000 in bars was
received there.
Vice-Chancellor Stuart has appointed Mr. W.
Tabor and Mr. Alfred A. James, of the firm of
Messrs. Edwards, James, and Co., official liquidators
of the International Contract Company (Limited).
The directors of the London Financial Association,
at the half-yearly meeting of shareholders held to-
day, announced that they deemed it inexpedient to
recommend the payment of a dividend for the past
half-year.

At a meeting held to-day of the Merchant Ship-
pfitpirnogCompany, the report presented stated that the
from voyages completed during the year
amount to £28,478. The directors proposed to
declare the usual dividend at the rate of 10 per cent.
per annum, free of income tax.
The directors of the English and Australian
Copper Company have issued their report, which
states that the estimate of the six months opera-
tions of the company show a profit of £2,314
120.2 d., which it is proposed to carry over for divi-
sion at the end of the year. In conclusion, the
directors consider that the whole year's working
will be satisfactory, although the present price of
copper (which is lower than it has been for the last
sixteen years) precludes their holding out any hopes
of very large profits on the current year.

Two O'CLOCK.
At the Paris Bourse, this morning, according to
Reuter's telgram, the 3 per cent. Rentes were 68f.
65c. Flat.

The English Stock Market has been further de-
pressed to-day, and a decline of 1 per cent. has
taken place in the Funds. The depreciation is
chiefly owing to a few speculative sales, and there is
nothing else to account for the heaviness which now
prevails. Consols are 871 884 for money, and 88/
for the account. The New Threes and Reduced
Annuities are 871 1 ; India 5 per Cents., 103} ;
and ditto Bonds, 15s. prem.
Foreign Stocks are generally flat. Turkish Five
per Cents, declined to 271 1 ; Mexican, .to 174 ;
Spanish Passive, k to 201 4 ; the Certificates, 1 to
15+ 4 ; Italian, 11 to 521 531 ; and the Brazilian
Scrip, 1 to 3.2idis. ; Greek have advanced 1 to 11
fr.
American Securities are also lower. United
States 5.20 Bonds have declined to 691 4 ; Erie
Shares, 1 to 441. ; and Illinois 11 to 771 1.
Business in the Railway Share Market has re-
mained very quiet, and prices generally are a shade
Batter.
South Eastern have declined 1, Great
Eastern
and Metropolitan, Alidland, and North
Eastern (Berwick) each 1.
The Foreign and Colonial lines have remained
very dull, with the exception of Grand Trunk of
Canada, which have improved.
chßank and Miscellaneous Shares remain without
ange of importance. Consolidated are dealt in
land P rem7i . ; Imperial Ottoman at 11 dis. ; Mid-
at 1 Credit Foncier and Mobilier of Eng-
la at 31 dis.; Egyptian Trading Company at
di• ; General Credit at 11 dis. ; and National Ms-.
count Company at 8i prem.

t RITISII FUNDS—ONE O'CLOCK.
n GOVERNMENT FUNDS.
0 per Cent. Consols
8
0. Account, July 10.
,per Cent. Reduced B7- -i-
-,New 3 Per Cent B7l i -.."
"er,w 2i per Cent. Jan. 1894 _
-". per Cent. Jan. 1873 _
Alanuiie, 30 yrs pie sth Jan., 1880
DODo. for 30 yrs, 'exeir sth April, 1885 l3
(Red Sea Telegraph), 908 —
Aug.,o.
Eleltequer Bills, £1,000,3 per Cent. March. June.
par
o.
£5OO
Do
£lOO and £2OO
Bah],
_
DO 0f England Stock, 5 per Cent tie Account —
tie GOVERNmENT SEcuurriES.
11'11,11 Stock, 101.-per Cent., April 1874 —
De.
Account 2 P
h_
~ unt
1031 3
,`-'• 0 per Cent. July, 1870
',„e. 4 per Cent., Oct. 1888
Do.uo. Certificates —
Enfaced Paper 4 per Cent —
z
o . Per Cent., Jan. 1872
r\°' 5i Per Cent., May 1879 —
D°l)..,oolll3.oeubded,rs4,xpte,lor,ooCpoecint., Aug. 1866
_
15 pm,
-IrOREIGN FUNDS—ONE O'CLOCK.
Are. t•
-elltane Republic, 6 per Cent., £l5 p 6 - pm
Austrian '
Brazilian -.ends, 5 per Cent, 1859
u ,art 5 per Cent _
°' 4i Per Cent 1852-58-60
~
D
bo.
1863
ODo
1865 —
boAccount
. moo ,
„;a.; .................
13.,)°' SeriP,7ss paid
dis
"aos Ayres 6 per Cent .
1)
DO .£lOO Bonds
Do is
ch.,. per Cent. (Deferred 3 per Cent.)
Do,nitt P
n . per Cent
f-, 4 Per Cent
._,o Eli„ .
00 s Per Cent.
i pm
~eOl,O
per Cent
,fociarl4P,6.£7o paid
',4l)a, 6 per Cent. *
-',anisli per Cent 1825 _
uanubian Principalities*
bo.
Account
6 7
t 1.1
ador New Consolidated, 1 per Cent —
1),,°-, Provisional Land Warrant —
,0 D r
ri. , . envied eYptian `Per
Do., B,Cent.
~ Second issue
'-'0 £lOO Bonds
°l.l Do.
1864 Bsi i
r,-- £lOO Bonds
,4-'O. U'overntr.ent Railway Debentures B2
Creek jj ° '4,6° Paid
is u per Cents., 1824-5, ex Coupons
-1,0. Account
Do. Account
te,tiatetnala 5 per Cent.
La aan 5 per Cent 1865
,_OO Account
„„ ue. Marennnana Railway
ulexican 3 per Cent ..

-sent —
0. AccOunt l7l
De . 1864
Do 6 per Cent. Anglo-French —
Itlontevidean 6 per Cent., £3O paid —
loorish Imperial 5 per Cent —
NDo Land Warrants (Hectares) —
ew Granada Do 2 perf
erre d Cent —
Do. D e
t'e.-.7vian 5 per Cent., 1865
Account
D o 3 per Cent. (Uribarren). —
Do 4} per Cont., 1862
P°o Account —
°t-crtuguese 3 per Cent. 1853
D 3 per Cent 1856,' '7, '9, '6O, '62, '3, 44
.7 Do. Account
441
Dolanßus 5 per Cent 1822, £St
} per Cent. 1850
4-} per Cent., 1860
-",,03 per Cent. 1859
5 per Cent. 186-2
Qardinian 5 per Cent
s Do. Account
Prsallish 3 per Cent
Account Do New Deferred
)oDo Account
Passive
Do
P 'bash
•A-e"uut
Cort. 01 Coup not funded —
Swedish De Account . , .
4 C ...
..........
I)oper eu
ti Per Cent. 1864
So. 6 per Cent. 1854
1-'oAccount .....
6 per Cent 18'8 ...........
DAccount
o£loo Bonds
D 0 A 6 per Cent, 1869
count
51-1 2
tin_,o £lOO Bonds
1/0 6
Per Cent., 1863 ll' 0 per Cent.lB6s paid up Scrip —
°'4-I)(lA...count
V,l)ez Per Cent. Guaranteed looi
Dittuela 3 Per Cent. o account ..
6
h per cow.
1862
Account
14' Per . ............ Dividends on the above payable in Loudon,
11,1s;:f-in,4.35 Per Cent., Ex. 10 Florins
1:211 per cent Ex. 23f.
Dutch
kt Per e
pDo St., 12 Gull
reue.,ueitificates
44Routes 3 per " t
,1: pyer Cent., 11. x. 25f.
"ccont
54 31-
. C
TWO O'CLOCK.
Do
ziores.money

87i................ 88i
88*
'e°("4llt ....................... -it,.