The Sun.
London, England, 1866-12-26 00:00:00

MONEY MARKET

AND

r,oMMERCI I. INTELL'Wt!Vot,i,

TWELVE O'CLOCK

Two o'CLocr

Very little business has been going on to-day in
the City, the attendance having been reduced to
the minimum ; in fact, no engagements seem to
have been made beyond those absolutely necessary.
At Lloyds, the Jerusalem, and other centres of
City commerce, the dealings entered into have been
devoid of any special interest.
At the Stock Exchange the transactions have been
very limited, and many of the quotations have been
depressed in consequence of the prevailing inactivity
incidental to the midst of the holiday season. Con-
sols are 89i i for money, and 89i 90 for the ac-
count. The New Threes and Reduced are 88i
89i ; Annuities, 1385, 124 ; Exchequer Bills, 9s.
prem. ; India 5 per Cents., 107 i ; ditto Enfaced
5 per Cents., 100 i ; ditto 5f per Cents., 105 4 ;
and ditto Debentures, loci.

Foreign Stocks are very inactive and show slight
decline. Turkish 5 per Cents. have receded +, to
321 I ; Mexican to 18; ; Greek to 131 14 ;
Spanish Passive, however, remains firm, at 20i ;
the Certificates, at 13i j ; Italian Stock has also
fallen f, to 55i i.
The New Russian Loan Scrip continues firm, at
premium.
In the Railway Share Market there is not much
animation, the dealers being chiefly engaged with
the liquidation ; in some instances, however, more
firmness prevails. Midland and South- Eastern
have each advanced 10s., and North Stafford, 1 ;
While Great Northern have declined bs. ; London,
Chatham, and Dover, and North-Western, each i;
and Manchester, Sheffield, and Lincoln, 1.
The Foreign and Colonial lines are very quiet,
and show no material alteration in values.

American securities are rather heavy. United
States 5-20 Bonds have declined * to 72 I. Erie
Shares remain at 46 47, while Illinois have advanced
to 781 79i.
Bank shares are quiet at about former rates.
Alliance are dealt in at 18i and Consolidated at 41 1.
In the Miscellaneous Market prices generally re-
main steady. Anglo-American Telegraph are
'narked 151 16k; Credit Foncier of England, 3-1 I;
General Credit, 41 ; and National Discount Com-
14fr.

BRITISH TUNDS—ONIS O'CLOCK.
GOVERNMENT FUNDS.
3 Der Cent. Consols
Do. Account, Jan. 10 894 90
Nper Cent. Reduced BB4 94
...ew 8 per Cent BBf 94
4161 v 21 per Cent. Jan. 1894
.Do. 5 per Cent. Jan. 1873 —
Annuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth AprillBBs 124
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 4 per Cent 9pm
Do £5OO n pin
an
Do £lO
zk of England Stock, 64 per, Cent ... pm
INDIAN GOVERNMENT SECURITIES.
Incliau otock, 104 per Cent., Apri11874...
Ditto for Account —
Do. 5 per Cent. July, 1880
Do. 4 per Cent., Oct. 1888
Do. Certificates —
80. Enfaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872 -
Do. 61 per Cent., May 1879 losf 5
Do. Deb., 5 per Cent., Aug. 1873
Do. Bonds,4 per Cent., £l,OOO pin
Do. under £l,000
FOREIGN FUNDS—ONE O'CLOCK.
Argentine Republic, 6 per Cent
Austrian Bonds, 5 per Cent, 1859
trazilian 5 per Cent —
Do. 44 per Cent., 1852-68-60
Do. 1863
Do. 1865
Do Account Do. £lOO Bonds
-
-enenos Ayres 6 per Cent —
Do. Account
Do .elOO Bonds
D Da
ian 6 2 pe
per r Cent. (Deferred 3 per Cent.)
Cent
Do, 3 per Cent.
Do.
Do. 6 per Cent A
B — t'olombian, ,6 per Cent.
Cuba, 6 per Cent.
Danish 3 per Cent., 1825 —
„ Do. 5 per Cent., 1864 —
untubian Principalities
„, ,io. Account
di:ivador New Consolidated, 1 per Cent —
Do., Provisional Land Warrant
Do Deforted
43Yptian 7 per Cent.
I„)0., Second Issue
vo £lOO Bonds
„ Do. 1864
D 0,.., .£lOO Bonds 834 5
O
uo. Government Railway Debentures. 85 4 44 54
reek 6 per Cents., 1824-5, ex Coupons 134
)o Account
do. Coupons
xt latemala 5 per Cent.
t1;iall 5 per Cent 1865
Do, Account
Do. Maremmana Railway
tiexicax 3 per Cent
Do. Account
Do. 1864 124
.. Do 6 per Cent. Anglo-French
~41-ontevidean 6 per Cent. .
aoorish Imperial 5 per Cent
New Granada
Do 3 per Cen
B.„0. Deferral
b uo Land Warrants (Hectares)
' eruvian 5 per C0nt.,86
15
Do Account
P,O 44 per Cent. (Uribarren)
V° 44 per Cent., 1862
I'
Do Account
c ortsguese 3 per Cent., 1853
B 0 3 per Cent., 1856, '7, '9, '6O, '62, '3, 434 4 3f
ip UO. Account
s'llssian 5 per Cent., 1822, £ St —
1).„0 4f per Cent. 1850
Do 41 per Cent., 1860
DO4-20 3 per
Cent. 1859
~c 5 per Cent. 1862
DU.
5 per Cent. 1864 —
"0. Anglo-Dutch, 1866, all paid B6l 4
Do. do. .£lO paid
lardinian 5 per Cent
4 Do. Account
tquish 3 per Cent
B 0 Ace') unt
0 New Deferred 324
120 Account
uo Passive 204
8 D 0 Acc.,unt —
Panish Cert. of Coup not funded 134
4 1)0 Account —
Wedish 4 per Cent. —
O. 41 per Cent. 1864
-Do Scrip, £6O paid
Turkish, 6 per Cent. 1854 7B
-",0. Account
D 0 6 per Cent. 1858
no. A.ccount
"0 £lOO Bonds -
Do 6 per Cont. 1862
pc, nt
(r.c.Accou.£loo Bonds
'Jo ~ 6 per Cent 1863
Do 5 Do,per Cent., 1865
Account
vl)% 4 per Cent. Guarautood —.
"4Wrii 1 A +
0d 8 per y nou., summilimilimm

There has been a fair inquiry for money in the
open market this morning, and the rates charged
for the negotiation of first class paper range from
3/ to 3i present.
The shares of the Belgian Public Works Com-
pany have improved their price to 1k to 1 prem.
The following are the latest prices of bullion from
the list of Messrs. Mocatta and Goldsmid :—Bar
gold, 77s 9,1; do. parting, 77s lOid ; Spanish
doubloons, 748 to 75s ; Mexican do. and South Ame-
rican, 73s 9d to 74s ; United States Eagles, 76s 2f d
per standard ounce. Bar silver, 5s 0", ; do. con-
taining gold (5 gr. and upwards), 5s lid ; Mexican
dollars, 4s Hid ; and cake silver, 5s sid per stan-
dard ounce.

Atlantic and Great,Western Railway Debentures
are steady at 54 56, and the Consolidated Mortgage
Bonds at 44 42.
The directors of the North British Railway have
issued a statement of the liabilities of the company
at the end of July last, with a proposition as to
the manner in which the emergency may be met.
The liabilities amounted to £1,875,625, and this
sum they propose to liquidate by the creation of a
special preference stock with a dividend not exceed-
ing 53- per cent. per annum ; this stock to rank on
the revenues of the company immediately after the
interest on loans and dividends on debenture stocks.
The directors consider that this is, under the cir-
cumstances, a fair and beneficial arrangement for
all classes of the shareholders, and will not
materially increase the burden upon revenue. They
Also indicate their intention, should circumstances
warrant, of applying to Parliament for permission
to postpone, vary, or abandon works already
sanctioned, and of creating a lien over the revenues
of such executed works as they may resolve to
proceed with, which will give undoubted security
to the parties furnishing the capital.

Do Account —
Do 6 per Cent., 1862 —
Do Account
Do. 6 per Cent, 1864 —
Ditto 11 per Cent. —
Dividends on the above payable in Loudon
Austrisn, 5 par Cent., Ex. 10 Florins
Belgian, 4} per cent., Ex. 25f.
Dutch 2i per Cont. Ex. 12 Gail —
Do. 4 per Cent. Certificates ....: —
French itentes, 3 per Cent., Ex. 25f. —
ltaliaL 3 per Cont. 1831, Ex. 25f.
Do. 5 per Cent. Account 551
TWO O'CLOCK,
Consols, Money B9l i
Do. Account, Jan. B9i 90