The Sun.
London, England, 1866-12-04 00:00:00

NONE/ MARKET

AND
COMMERCUL INTELLIGENCE,

TWELVE O'CLOCK.

The Money Market to-day is very firm, and full
rates are current. This state of affairs is not at all
unusual on the 4th of the month, when so many
three, four, and six months' bills arrive at maturity.
There is plenty of floating capital, but bankers and
brokers are taking advantage of the opportunity to
,obtain as much as they can for their available
balances.
Bar gold to the amount of £lO,OOO was taken to
the Bank of England yesterday.
During the last few days there has not been much
animation in the foreign and colonial produce
Inarkets. The dealings in tea have been deferred
until the public sales, which commence to-day.
Sugar has been in fair demand at steady rates, while
superior descriptions of coffee continue in good
demand at full prices. Tallow has also been dealt
la to some extent, but owing to a pressure of spe-
ealative sales quotations have ruled a shade lower.
At a meeting of the creditors of Messrs. Chapple,
Dutton, and Co., shipowners, of London and Liver-
P°°l7 held yesterday at the London Tavern,
when Mr. James Waddell, accountant, submitted a
Statement of affairs, showing that of possible liabi-
lities of £280,980, it is estimated £55,490 would
rank for dividend, and that the assets would be
7120. A committee of inspection was appointed
t° report as to the best mode of liquidation.
An important financial proposition has just been
introduced to the notice of the British public : it is
~..the South Austrian, Lombardo-Venetian, and
uentral Italian Railway Loan, the money being
required to pay the remaining balance due on the
different State railways bought of the Italian Go-
l'erament. The loan is to be raised by bonds of
64,00 f. (£2O) each, and bear 6 per cent. interest,
'ne bonds being redeemable at par, one half on the
Ist Sept., 1875, and the balance on the Ist Sept.,
.1
'876. The interest will be due on the Ist March
and Ist September each year, the coupons being
payable in London at an exchange of 25.20, the
interest running from the Ist inst. For the bonds
I;edeernable in 1875 the price of issue will be 412 fr.
50°. (£l6 Is. 6d.), and for the bonds falling due
la 1876, 405 fr. (£l5 15s. 6d.), 10 per cent. being
Payable on application, and the balance by instal-
taenta extending to the 11th of March next. The
1)"ds, being redeemable at par, will return to the
lavestor about 9 per cent. per annum. It appears
frcla the last report of the company that the gross
receipts for the year 1865 were 100 millions of
`ranes, sufficient to pay all the charges of interest
011 loans, and the receipts of this year, as we men-
tioned on Saturday, are steadily increasing ; whilst
the pacific state of Italy, the termination of many
enauecting lines, and the acquisition of the Italian
State lines, it is generally believed, will place the
c(24nPany in a position to continue paying liberal and
1111 Proving dividends. The bonds are likely to be
the
up very largely on the Continent, owing to
tne early period at which they are redeemable,
°l)lpared with most similar obligations. The old
bonds of the company are redeemable in 90 years
from the date-of issue (1859, if our memory serves
us right), and bearing 3 per cent. interest, are now
about 81, or equal, for 6 per Cent. Bonds, to 174
the £2O.

The mail from Guayaquil has brought a remit-
tance of £1,363 7s. 11d. on account of the divi-
dends on the debt of Ecuador.
On account of the New Granada Debt Messrs.
Baring Brothers and Co. have received remittances
as subjoined, viz. :—From the Custom-house of
Santa Marta, £9,468 7s. 10d. ; from Sabannilla,
£1,073 G. Bd. ; and Cartagena, £350 ; making a
total of £10,891 14s. 6d.
Messrs. George Little and Co., of Cullum-street,
11110 suspended payment 15th August last, having
made arrangements for time to pay their creditors
111 full, have resumed their business as West India
merchants.
Atlantic and Great Western Railway Debentures
remain,, steady, at 56 58, but the Consolidated
Mortgage Bonds have declined 4 to 41 41f.

Two o'CLoclt.
, According to Reuter's telegram from Paris to-
'ay the French Rentes were G9f. 62c.
At a meeting held to-day of the shareholders of
,u'e Bank of British North America the report of
the directors was adopted, which declared the
usual half-yearly dividend of 30s. per share, being
at the rate of 6 per cent. per annum.
Business in the English Stock Exchange has been
quiet to-day, but Consols have recovered to the ex-
:lit of per cent., the latest prices being 881 1,
for money and the Gth inst., and 881 1 for January.
The New Threes and Reduced Annuities are 871 1.;
z‘ill
2,t• per Cents., 701 ; Bank of England Stock,
"9 ; India 5 per Cents., 1031 ; ditto Enfaced 51
13els Cents. 1061; ditto Debentures, 1021.
, In the Foreign Stock Market there has been very
little animation. Turkish 5 per Cents. have de-
1, to 321 1; Mexican Stock, I, to 181 1 ;
""ile Greek Bonds have improved 1, to 131 141 ;
and Spanish Passive, 1, to 20 1. The New Rus-
-4411 Loan Scrip has been in demand, and shows an
auvance of 1, to 11 premium.
Business in the Railway Share Market has been
erY inactive, but in one or two instances prices
show
0 rather more firmness. Lancashire and York-
;',lre have improved ; North Western, 1 ; and
Metropolitan, 1 ; while Manchester, Sheffield, and
"Jacobi have declined 1.

MINING MARKET.
TUESDAY, Two o'Clock.
There has been more animation in the demand for
qi•luing Shares, which, in some instances, show a
have
advance. The shares chiefly inquired for
1,4 v e been Wheal Agar, Grenville, North Crofty,
and Carnarvon e
of Wales, South Condurrow, West Frances,
Carnarvon Consolidated. Subjoined are the
current quotations
`-'hivertou Moor, 4i 5 ; Chontales Gold, 2i I ; Clifford
A~nalgaruato, 5 5a ; East Basset, 20 21 ; East Caradon, 5 54 ;
3., south Lovell, A ; East Wheal Grenville, 2 21 ; Groat
Tolgus, 10s 15s ; Great Wheal Vor, 15 16 ;
Ch Crofty, 2i 3}; North Treskerby, -; Prince of
o", 23s 255; Prosper United, 35s Od 40s Od; South
elan. durr, lOs 12s 6d; West Caradon, 131 14i ; West
toniv."toowl), 56 38 ; West Frances, 10 11 ; Wheal Chivor-
-6i 7 i Wheal UrenTille, 22e 6d 255; Wheel 6eten, 137 i

And as compared with the month ending the 11th of
Nov., 1865, the above returns show an increase of
£1,696,227 in the circulation of notes in England, and an
increase of £1,289,539 in the circulation of the United
Kingdom.
On comparing the above with the fixed issues of the
several banks the following is the state of the circulation:—
The English private banks are below their
fixed issue £1,151,168
The English joint-stock banks are below their
fixed issue

269,073

Total below fixed issue in England ... £1,420,241
The Scotch banks are above their fixed issue... 1,876.030
The Irish banks aro below their fixed issue ... 198;127
The average stock of bullion held by the Bank of Eng-
land in both departments during the month ended the 7th
of Nov. was £16,531,481, being a
,decrease of £43,374
as compared with the previous month, and an increase of
£3,305,668 when compared with the same period last year.
The following are the amounts of specie held by the
Scotch and Irish banks during the month ending the 10th
of Nov.:—

Gold and silver held by the Scotch banks . £2,625,667
Gold and silver held by the Irish banks 2,449,815

£5,075,482
Being an increase of £22,497 as compared with the pre-
vious return, and a decrease of £62,620 when compared
with tho corresponding period last year.

SHIPPING INTELLIGENCE—Thp Day.

GRAVESEND, Tuesday Morning.
Arrived, Dec. 3. Olga, steamer, from Harlingen.
Arrived, Dec. 4.—Sir Robert Peel, steamer, from Dun-
kirk.
_.

DEAL, Tuesday Morning.
Anchored.—Delta, scrow steamer, from London, for
Bordeaux.
The shipping in the Downs appear to 'Ave all r9de woll