The Sun.
London, England, 1866-01-11 00:00:00

MONEY MARKET

LATEST INTELLIGENCE.

-

AUSTRIA.
A Vienna letter gives the subjoined :—" The
Austrian budget for the year 1866 will be settled
with a deficit of about 40 millions of florins, or 100
Millions of francs ; although this is not a subject of
rejoicing, still I maintain that it is reassuring. In
the first place, there is a progressive diminution in
the expenditure ; if we go back four years we find
a series, the terms of which represent 124 millions
for 1863, 114 for 1864, 80 for 1865, and, lastly,
40 for 1866. There is, therefore, a visible and con-
stant amelioration. Now, if this year we had not
to reimburse the enormous amount of 65 millions
of florins, 20 belonging to the floating debt to be
extinguished by drawings, and 45 to payments to
the Bank, in orner to liquidate its advance for the
year 1866, it is evident that the balance would show
a surplus in the assets. It depends on the regularity
observed in fulfilling these engagements that the
Bhuk may find itself in a position to resume the ex-
cange of notes for species and to annihilate the
.abominable plague of agio, which during 17 years
has devoured so many millions of the public fortune.
In 1865 69 millions of debt were to be paid on the
13,anle account. Add together 60 and 65, and we
ave 125 millions which will have been reimbursed
in the short period of two years. The year 1865,
4,_ecnrding to the estimate voted by the Chamber,
should have been liquidated with a deficit of 8 mil-
'lens, but in reality 80 were required to make both
ends meet ; and why ? Because M. de Plener, in
z'der not to alarm the Chamber, swelled beyond
nin easure the estimate of the receipts, and put down
8,. 3
‘54 millions as the price of State domains, of which
carcely
were realised. The result has been a de-
e
de-
ficit, and the new Ministry has had to strain every
ll rve to supply
78 millions more, to be added to the
tiudget of 1865. These observations appear to me
Buffizient to justify the loan recently concluded in
4-aria, and to impose silence on the critics."

FRANCE.
"At the distribution of the Twelfth-night cake at
he Tuileries," says the Sport, " the bean fell to the
Princesslmperial de Hohenzollern, who gave it to the Prince
, His Highness, in return, handed to the
hrilleeSs a diamond bracelet, which he requested
er to accept."
2e Prince and Princess Hohenzollern-Sigma-
-1,7ge11, who are now in the Pavilion Marsan at the
dzutlse,
Isiecse)o went yesterday to the Ecole des Beaux
accompanied by Count Davillier de St. Jean
tt'A a
gelY, First Equerry of the Emperor. Their
4.g.-14esses visited with much interest the apart-
where are exhibited the prize paintings, the
hque Greek and Roman sculptures ; also the
iienlieycle of Paul Delaroche, the library, and the
ew palace of the Quai Malaquais.
tll4 meeting of the Deputies of the Left took place
to ,e before last at the residence of M. Marie
th" ange concerning the course to be adopted in
e discussion on the address.
been people's library, with courses of lectures, has
vic i founded at Nismes, the funds having been pro,-
ed private bysubscription to the amount of
4,000 h
thThe IVarseilles journal announce the arrival in
t eitY of Prince Sapieha with his family, on their
ay to M
Nice.
e ,ljenri Fare, Master of Requests in the
General—ell o f State, has been appointed Secretary-
ofr of the Government of Algeria, in the place
0 Lapaine, named Prefect of the Pyrenees-
rientales.
hf scandal has just occurred at the Jockey Club
hatarseilles. A young man, named B—, who
tion arrived from Paris with very good introduc-
was, was discovered cheating at baccarat, and he
thereat °nee turned out, and left the same day for
apital.
ton,
doing •"sE, Jan. 10.—The amount of business
piv Is moderate. Threes per Cents. and Italian
Cr are a
are quoted at yesterday'siclosing prices, whilst
lor kobilier Shares are offered at a decline of
the Partnient quotation. being 860 f. The Railway De-
lower ,
oi sr t weak. Lyons and Madrid are sf.
of Spain, 3f. 75c., and Saragossa,
sc.
eft The market rallied towards the close, and
off as follows :
DlPer Cents 97 55
3 Lel4l Month —
/V Cents. 6B 40
Cr4,..,..biker rnonth 6B 50
767 50
ta;lilti Month 767 50
erect., hares 3630
Italia' PoAcier 1315
eb Loan
• end month .....
RA

Roman —
Ottoman Fives 42 50
Mexican Loan —
Do. Bonds —
Russian —
Austrian
Spanish Threes
Home Debt —
Deferred

I,,(ldealle ...........................
V°lthern .......................
Ivi°°,,,Yollltaseraian d Mediterranean..anean.. .. .
'a4th
V extern
ern
Vist-Aai'diniaa ,
xrkbarian
rd
'Etr, 011 h of Spain ..................
agossa
p,bitt° t° a;eelona
—4344
....

PAY&
Cash. Amt.
... ... 848 75
... ... 1126 25
... 850 -
- ... 552 50

528 75

- - ... 205 -
- - ... 412 50
- - ... 427 50
- - ... 177 50
- - ... 217 50

- -- ... 105 -
- - ... 162 50

The Escape of Stephens.
TRIAL OF TFIE WATCHMAN.
it;
the ,"esdaY the Right Hon. Judge Keogh and
the `g`it Hon. Judge Fitzgerald took their seats on
bee
in the Court-house, Green-street, Dub-
'with ald resumed the trial of the prisoners charged
banimue,ing concerned in the Fenian conspiracy.
'Yrue, night watchman in the Richmond
h$ tleivell, and
goal;gedwho, it will be remembered, was
on the information of Mr. Marquess, late
of :C°l' of the said prison, with being a memberd
4betr-e!eilian Brotherhood, and with aiding and
Alamo the escape of James Stephens, was
°II his trial. The prisoner pleaded not
titan Solicitor-General narrated the circum-
Bf ces, so far known, of the escape of Stephens
y,„111
e ehniond prison, and said that the watchman
itdut was the person whose particular and sole
liee'' Was on the night to watch the prison, and
the 2'44 nothing went wrong. On the morning of
the It'll ult., about five minutes before four o'clock,
gov oPitsoner aroused Mr. Philpots, the deputy-
vrtr; and said he feared there was something
hMr. Philpots proceeded to examitfe the
ni-c; ,and found almost every door locked that
opelll, have been opened, and almost every door
Nvh that should have been locked—in fact, the
vers°:,ulternal arrangements of the prison were re-
olha.tely
couicii,' and done in such a manner that no person
hittina 'aN's possibly accomplished, except a person
Alis The
euainted with the arrangements of the
the night watchman never got a key of
militate range doors, but in order at night to
left' ate in his rounds, those 'large doors were
coalci°l)Leu, the large locks being so left that they
Nvatehue Opened with a latch-key, which the night
got, and which he should have for the
pi.o.-;'e of letting himself pass through the prison.
tyrn,, these and other suspicious circumstances,
eai: wag arrested, and at his house a copy of a
obelie ll oath Wasfound, found, with the part relating to
Withtlee to superior officers underlined.
meat -e.cusses were called in support of the state-
Zlot e °llel (3." the learned gentleman, and the case had
ded when the court rose.

the inornin—,
Ili,
' I ck,
DUBLIN, Wednesday Evening.
8 between eight and nine o clock-
hall 132liee secured 300 pikes at a house in Ba
hai:;,°w, of which 66 were fully fitted with ashof
4teea, 'es 12ft. long. They also found a number
liter' tools, evidently used in making ande-
-4.4 ~P; on the handles. They arrested on the pr
11-a:,,- a Mahe
named Brown, a barber. The shop
hiciet-e4ted by a man named Tracey, at whose re
theei:e ill New-street the police found concealed
411pb„ of °PPer, weighing three-and-a-half cwt.,
ctiaysed to be there for the manufacture of pe.r-
, ar
4 CaPg• rign the absence of Tracey his wife
t)efor rested. The two prisoners were brought up
()flir,eel\-11% M`Derinott later in the day at the head-
s give 4 the vidence of the discovery having
.eed
14411)1toewit.biswaefrteerrnemonaizded. A telegram, receive
states that 21 Fenians, fully
this ,1 with revolvers and other weapons, landed
refiter Illing at Sligo, and were immediately Ar-
' Great alarm prevaih4 in the town.

AND
COMMERCIAL I.N TELLIGENCE.

TWELVE O'CLOCK.

The weekly Bank Court has been held, and no
alteration in the rate of discount has been deemed
necessary by the directors. There continues to be
an abundance of floating capital at the disposal of
the banks, and as the demand for accommodation
is very moderate, 7i and 74 per cent. are the quo-
tations for short dated and three months' paper.

It is noticed, in connection with the announcement
of a payment on Anglo-Austrian Bank shares, that
the balance of profits for the year 1865 will be de-
clared at the general meeting in May next. The
sum declared by the Anglo-Austrian Bank, as
making together with the previous payment 5 per
cent. per annum, refers merely to distribution on
account.

The last week's railway, receipts, ascertained up
to the 31st December, are in round figures as
under:—

1866. 1865.
Great Western ... ~. ... ... £62,580 £60,946
North Western ... ... ... ... 102,645 96:396
South Western ... ~. ... ... 21,017 19,893
Brighton ... ... ... ... ... 19,373 17,230

Midland ... 41,155 38,888
South Eastern ... 19,640 18,220
Great Northern ... 33,103 32,643
Lancashire and Yorkshire 40,709 35,680
Bristol and Exeter 5,558 5,414
North Eastern ... .... ... 60,931 55,818
Manchester, Sheffield, and Lincoln ... 17,852 15,347
London, Chatham, and Dover 7,729 6,567
These returns, when compared with those of the
corresponding period of last year, generally show an
increase in the receipts of most of the principal
lines. On the Great Western it amounts to £1,640 ;
North Western, £6,249 ; South-Western, £1,124 ;
Brighton, £1,234 ; Midland, £3,267 ; South
Eastern, £1,420 ; Great Northern, £469 ; Lanca-
shire and Yorkshire, £5,029 ; Bristol and Exeter,
£144 ; North Eastern, £5,113 ; Manchester, Shef-
field, and Lincoln, £2,505; and London, Chatham,
and Dover, £1,162.

Two o'CLocK.

The Market for English Stocks has exhibited
little of the animation usually apparent at this time
of the year when the distribution of the Govern-
ment dividends is generally followed by the rein-
vestment of surplus capital. Dear money, how-
ever, acts as a preventative to purchases of stock,
and the funds now derive little benefit from the pre-
sent abundance of money. Consols remain at 861
for money, and 871 for the account. The New
Threes and Reduced Annuities are 868 1; Ex-
chequer Bills, par to 4s. dis. ; Bank of England
Stock, 245; India Stock, 210 ; ditto 5 per Cents.,
1028 1; ditto Enfaced 5 per Cents., 1001 ; and
ditto Bonds, 6s. prem.
In the Foreign Stock Market a better tone pre-
vails, and prices are in some cases fractionally
higher. Turkish 5 per Cents. are 411 42 ; Mexican,
221 ; ditto New, 191 20 ; Greek, 131 141 ; Spanish
Passive, 251 1; the Certificates, 131 ; Italian,
61/ 62 ; the Confederate Loan, 68 7 ; and Brazilian
Scrip, f / prem. ; United States Government
5-20 Bonds, 648 8 ; Erie Shares, 56 f ; and Illinois,
751 76.
In the Railway Share Market business has re-
mained very inactive, and prices are a shade
flatter. North Western have receded ss. ; Lon-
don, Chatham, and Dover, and Midland, each 10s. ;
and Metropolitan, £1 ; while South Western have
improved 10s.
The Foreign and Colonial lines show no mate-
rial change.

Bank and Miscellaneous Shares are dull, but
generally support previous values. Alliance are
dealt in at 28fr ; Imperial Alliance are 12* 8 ;
London Bank of Mexico, at 13f 14 ; London and
County at 83 ; Fore-street Warehouse, at 118 ;
National Discount Company, at 16* ; and 0 verend,
Gurney, and Company, at 20 208 ; London
Steam Towing Company, are quoted 11 2 prem. ;
Charles Lafitte and Company, 2* 3 prem. ;
British and Continental Sugar Refining Co., 8 11
prem. ; English and American Bank, 1 1* prem. ;
and British Convention Bonds of Mexico, 68f
to 72k.

BRITISH FUNDS—ONE O'CLOCK
GOVERNMENT FUNDS.
3 per Cent. Consols
Do. Account, Feb. 8 B7f I
3 per Cent. Reduced B6l f
New 3 per Cent B6l i
New 2i per Cent. Jan. 1894 —
Do. 5 per Cent. Jan. 1873 —
Annuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth April, 1885 —
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £1,000,3 per Cent. 4 dis par
Do. £5OO 4 dis par
Do £lOO and £2OO
Bank of England Stock, 5 per Cent

INDIAN GOVERNMENT SECURITIES.
Indian Stock, 10 per Cent., April 1874 210
Do Account
Do. 5 per Cent. July, 1870
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enlaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 54 per Cent., May 1879 —
Do. 4 per Cent., Aug. 1866 —
Do. Bonds, £l,OOO 6 pm
Do. under £l,OOO
FOREIGN FUNDS—ONE O'CLOCK.
Austrian Bonds, 5 per Cent, 1859 —
Brazilian 5 per Cent —
Do. 44 per Cent., 1852-58-60
Do. 1863
Do. 1865 —

Do Account ' 738 4} 4
Do. Scrip, £25 paid
Buenos Ayres 6 per Cent —
Do. Account
Do 1 per Cent. (Deferred 3 per Cent )
Chili= q per Cent
Do. 3 per Cent
Colombian 6 per Cent. —
Cuba, 6 per Cent.
Danish 3 per Cent., 1825 —
Do. 4 per Cent., 1863 —
Do. 5 per Cent., 1773-77, £25 paid —
Danubian Principalities

Do Account -
Equador New Consolidated, 1 per Cent
Do., Provisional Land Warrant —
Egyptian 7 per Cent
Do., Second Issue —
Do £lOO Bonds 92
Do. 1864 —
Do £lOO Bonds
.:creek 5 per Cents., 1824-5, ex Coupons
Do. Account
Do. Coupons
Do. Account
civatemala 5 per Cent. —
Do .£B6 paid —
Do. 1839 and 1850 —
Italian 5 per Cent, 1865
Do. Account
Do. Maremmana Railway
Do Scrip, £671 paid —
Do 5 per Cent., 1864
Mexican 3 per Cent
Do. Account
Do 1864 —
Do 6 per Cent. Anglo-French
Do French Scrip, Ex. 25f 20c —
Montevidean 6 per Cent., £3O paid
Moorish Imperial 5 per Cent • —
New Granada
Do 2 per Cent —
Do Deferred
Do Land Warrants (Hectares)
Do. 6 per Cent, 1864 —
Do Guaranteed, 4 per Cent
eeruvian 41 per Cent
Do. Account
Do 3 per Cent. (Uribarren) —
Do 41 per Cent., 1862
Do Account
Portuguese 3 per Cent., 1853
Do 3 per Cent., 1856, '7, '9, '6O, '62, '3,
Do. Account
Russian 5 per Cent., 1822, £ St
Do 41 per Cent. 1850
Do 41 per Cent., 1860
Do 3 per Cent. 1859 —
Do 5 per Cent. 1862 BBf
Do 5 per Cent. 1864 —
Sardinian 5 per Cent —
Do Account
Spanish 3 per Cent
Ditto account —
Do New Deferred —
Do Account
Do Passive —
Do Account 2sf I I
Spanish Cert. of Coup not funded
Do Account l3l f
Swedish 4 per Cent. — •
Do. 41 per Cent. 1864
Turkish 6 per Cent. 1854 —
Do Account BBf
Do 6 per Cent. 1858 —
Do Account 6Bf 9
Do £lOO Bonds 74
Do 6 per Cent. 1862
Do Account 671
Do £lOO Bonds 671 i 1 8
Do 6 per Cent.,1863 —
Do 5 per Cent. 1865 —
Do Scrip, £35 paid —
Do Account
Do. 4 per Cent. Guaranteed —
Dividends on the above payable in London.
TWO O'OLOOK.
Consols for money
Do. Account