The Sun.
London, England, 1866-12-27 00:00:00

MONEY RIARKET

A ND
COMTYIEROI L INTELLIGENCE,

TWELVE O'CLOCK.

The Bank directors have not varied their rate of
discount, and the general Money Market is un-
moved; the inquiries are on a moderate scale, and
fine qualities of commercial paper are taken as low
as 31* per cent.
There was an influx of gold to the amount of
£65,000 at the Bank of England yesterday.

The new edi:ion of Pic 13(::11:ers' _ll;:lanac and
Diary for 1867 has been issued, edited by Mr. D.
Morier Evans, and published by Alesrs. Groom-
bridge and Son, and Messrs. ti aterlow and Son.
This volume will be found extremely useful, as it
contains a full account of all banking, financial,
and other mercantile failures that have occurred
during the past year. The meetings of creditors
and balance-sheets render it valuable for reference,
and, detailing as it does the events of the crisis, it
should be on the table of all merchants and managers
of banking, financial, and other companies.
The last week's Railway receipts, ascertained up
to this day, are in round figures as under :

1866. 1865.
Great Western 80,497 81,409
North Western 138,681 139,219
South Western - 27,669 29,762
Brighton
Midland

South Eastern 25;726 25,651
Great Northern
Lancashire and Yorkshire 48,120 43.,788
Bristol and Exeter 8,330 8,559
North Eastern 76,433 75,665
Manchester, Sheffield, and Lincoln 23,103 22,055
London, Chatham, and Dover 10,209 10,346
Great Eastern

These returns, when compared with those of the
corresponding period of last year, are in several in-
stances of a rather unfavourable character. On the
Bristol and Exeter there is a decrease of 1229 ;
on the London, Chatham, and Dover, of £137 ;
Great Eastern, £2,512 ; North Western, £538 ;
South Western, £2,093 ; Midland, £1,542 ; while
the Lancashire and Yorkshire Shares show an in-
crease of £1,646; North Eastern, £768 ; Manches-
ter, Sheffield, and Lincoln, £1,049 ; Great Western,
£912 ; Brighton, £1,620 ; South Eastern, £75 ; and
Great Northern, £2,131.

Two o'CLocK.
According to Reuter's telegram from Paris to-
day, the French Rentes were 69f. 80c. Firm.
Considering the period of the year there is more
buoyancy on the Stock Exchange than might have
been expected, but it is beyond all doubt that there
is a vast overflow of capital finding its way into
good investments. Each market seems to have its
turn. English Government Securities, for instance,
are still in favour, while foreign Government loans
lately sought for are now temporarily depressed,
and Railway Shares, which a short time since were
sacrificed by frightened shareholders, are now
mostly in the ascendant.
Consols are now / per cent. higher than they
were yesterday, viz., 901 2- for money, and 908 1
for the account ;—the rise since the 12th of this
month is no less than 2 per cent. The New Threes
are 89* ft, and the Reduced Annuities, 89,1 1, both
being considerably higher. Bargains have taken
place in the India 5 per Cents. at 107 ff
Fresh arrivals of specie have been announced to-
day, amounting to £63,800, viz., £5,734 from Bom-
bay, rid overland, by the Poonah, from Alexandria,
and 59,066 from New York, by the America,
arrived at Southampton.
A very small amount of new business has leen
negotiated to-day in Foreign Stocks, attention being
still absorbed in the settlement. Though dull in
tone, the department is not altogether depressed.
Spanish Passive have declined to 20i 21, but the
Certificates have advanced 1 to 13i 14/ ; Italian,
Ito 551 ; Greek, /to 13/ 14 ; Mexican, Ito 181
f ; and Turkish 5 per Cents. / to 32i 33
The New Russian Loan Scrip has advanced to
1/ premium.
Business in the Railway Share Market has been
moderately active, but the transactions generally
have been in connection with the half monthly set-
tlement. Prices in most instances show increased
buoyancy. Lancashire and Yorkshire) advanced 2;
Caledonian, 14 ; Metropolitan, 11 ; Great Northern,
and Midland each 11 ; Great Eastern, Great Western,
and North Western each 1 ; and South Eastern
The Foreign and Colonial lines exhibit little
change of importance. Grand Trunk of Canada
have improved to 181 19, and Great Indian Penin-
sula to 1061.
Five-twenty Bonds have gone up * per cent.,
making a rise of nearly 1 per cent., the latest prices
being 721 4 ; Erie Shares have receded I, to 46 1 ;
and Illinois 1, to 78„1 791.
Atlantic and Great Western Railway Debentures
have declined 1, to 54 56, but the Consolidated
Mortgage Bonds are steady at 41/ 42.
The shares of the Belgian Public Works Company
are steady at 11 11 prem.
Bank shares are inactive, without any material
alteration in values. Chartered Mercantile of India,
London, and China have improved to 35, Consoli-
dated to 4i and Imperial Ottoman to 9i
According to the Ironmasters' returns just made
the quantity of pig iron produced this year in Scot-
land was 994,000 tons, showing the striking de-
crease of 170,000 tons as compared with last year.
Finance and Miscellaneous Shares remain in very
moderate demand and without material alteration
in prices. Atlantic Telegraph 8 per Cents., how-
ever, have declined to 65 ; Credit Foncier of Eng-
land are marked 34, -; General Credit, 44, -;
National Discount Company, 141, ; and the
Viceroy of Egypt's Mortgage Loan has declined to
73i) i.

MINING MARKET.

THURSDAY Two o'Clock.

•
Business in the Mining Market has been animated,
and the transactions in a few of the principal ad-
ventures have been to a fair extent, at slightly en-
hanced rates. The shares chiefly in request have
been Seton, West Seton, Great Retallack, North
Crofty, Clifford, Prosper United, Prince of Wales,
Crebor, West Frances, and Tincroft. Annexed are
the current quotations :

Chivertou Moor, 44 ; Chowalos Gold, 26. 8 ; Clifford
Amalgamate, 61 71 ; East Basset, 204 211; East Caradon
5 54; East Lovell, 9 91 ; East Wheal Grenville, 24 1;
Great Retallack, 20s 01 25s Od ; Great Wheal Vor, 14 14;
Marko Valley, 34 4 ; North Crofty, 24 34; North Tres-
kerby, 24 1; Prince of Wales, 24s 26s ; Prosper United,
24 3; Providence Mines, 23 25; South Condurrow, 11s
13s; South Grenville, is Od 9s; Tincroft, 114 12; West
Caradon, 121 134; West Chiverton, 521 53; West
Frances, 10 11 ; West Seton, 120 ; Wheal,Buller, 17 18 ;
Wheal Chiverton, 64 7; Wheal Qr.3bor, 12s 14s 04; Wheal
Grenville, 25s 27s 65; Wheal Rose, 6 7; Wheal Seton,
135 140. •

BRITISH FUNDS-ONE:O'CLOOR.

GOVERNMENT FUNDS.
3 per Cent. Consols . 901, i i
Do. Account, Jan 10
3 per Cent. Reduced B9
New 3 per Cent B9} I. I.
New 2} per Cent. Jan. 1891
Do. 5 per Cent. Jan. 1873
Annuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth April,lBBs —
Do (Red Sea Telegraph), Aug., 1903 —
i4;xchequer Bills, £l,OOO, 4 per Cent ll pm
Do £5OO tt 11 pm
Do £lOO & £2OO If it Inn
Bank of England Stock, 6i per Cent ...

INDIAN GOVERNMENT SECURITIES.
Leman otock, 101 per Cent., April 1874... Shut.

_
Ditto for Account
Do. 5 per Cent. July, 1880
Do. 4 por Cent., Oct. 1888
Do. Certificates
Do. Eufaced Paper 4 per Cent
Do. 5 por Cent., Jan. 1872
Do. 5i per Cent., May 1879
Do. Deb., 5 per Cent., Aug. 1873
Do. Bonds,t per Cent., £l,OOO Pm
Do. under .£l,000
FOREIGN FUNDS—ONE O'CLOCK.
irKetitine Republic, 6 per Cent
ilustrian Bonds, 5 per Cent, 1859
Brazilian 5 per Cent
Do. 4 per Cent., 1852-58-60

Lo. ' 1863
Do. 1865 —
Do Account 7o} 1
Do. £lOO Bonds —
Buenos Apes 6 per Cent —
Do. A ccount
Do £lOO Bonds —
D..) 2 per Cent. (Deferred 3 per Cent )
°Lilian 6 per Cent —
Do. 3 per Cent; —
Do. 6 per Cent A
Do. ~ B .
Colombian, 6 per Cent. -•
Oda, 6 per Cent.