The Sun.
London, England, 1868-12-28 00:00:00

iLO i e Y i Ai i J T

AND
CO AMERCIAL INTXLLJGrNi;x

SATURDAY EVENING.

The impression that the quarrel between Turkey
and Greece will be amicably adjusted gave business
a better tone to-day, but there were very few trans-
actions in either English or foreign securities. In
Spanish and Portuguese there was a slight fall, the
latest news from that quarter not being deemed sa-
tisfactory. The rate of discount is 2j. to 3 for first
class bills.

Consols are 92k for money; Three per Cent.
Reduced, 92i ; New Three per Cents, 921
India Stock, 10} per Cent., April, 1874, shut ;
ditto 5 per Cent., July, 1880, 112 i ; ditto 4 per
Cent., Oct., 1888, 102 i ; ditto Bonds 11,000, par;
ditto under £l,OOO, 2 prem.

In the Foreign Stock Market the prices are as
follows .—Brazilian of 1865, 781 to 4 ; Chilian of
1867, 961 to ; Egyptian of 1864, 83 to 84 ; ditto
of 1868, 731 to ; Italian of 1861, 56 to 1 ; do.
Tobacco Loan, 24 to 31 pm. ; Mexican, 144 to 15 ;
Peruvian of 1865, 781 to 79A ; Portuguese, 374
to 381 ; Russian of 1866, 89 to 90 ; ditto Nicolai,
644 to 541 ; ditto Orel, 78 to 1 ; ditto Moscow-
Jaroflaw, 771 to 78 ; ditto Charkof-Azof, 3 to 21
dis• ; ditto Charcow-Krementschug, 11 to 11 dis. ;
Spanish of 1867, 32/ to I ; Turkish of 1858, 601
to 611 ; ditto of 1862, 62 to 1 ; ditto of 185, 381
to 391;
In the railway market there has been a rise
of 1 to 1 per cent. Metropolitan and Caledonian,
and a reduction of 1 in Brighton. London and
North Western, 111/ to 112 ; Great Western, 481
to 1; Midland, 1121 to i; London and South
Western, 87 to 88 ; Great Eastern, 40/ to 1 ;
Brighton, 48 to 1; South Eastern, 78/ to 79 ;
Metropolitan, 1021 to 1 ; Great Northern, 1051 to
1061; ditto A, 1071 to 4 ; Caledonian, 744 to 75
and London, Chatham, and Dover, 13/ to 17.
American 5-20 Bonds are now 74 to 1. Erie are
251 to 1, showing a decline of 1 per cent. ; Illinois
Central, 961 to 97 ; Atlantic and Great Western
Debentures, 40 to 1 ; and the Consolidated Mort-
gage Bonds, 41/ to 421.
In Bank Shares business has been very limited
City, 11/ to 121; Imperial, 17/ to 181; London
and County, 501 to / ; London and Westminster,
661 tot ; Union of London, 371 to 381 ; Anglo-
Austrian, 81 to 91 pm; and Imperial Ottoman, 11
to 11 pm.
In Miscellaneous securities National Discount is
quoted 11/ to 12f ; General Credit, 2 to 1/ dis. ;
International, 11 to 11 dis. ; Hudson's Bay, 131 to
; Telegraph Construction, 161 to 1; Atlantic
Telegraph Eight per Cent. Preference, 31 to / ;
Anglo-American, 211 to 211.
The Anglo-Austrian Bank have announced that
they are prepared to pay on and after Ist January
next coupon No. 6, due on that day, at the rate of
6s. 9d. per share (being 5 per cent. per annum on
£6 for the first half-year and 5 per cent. per annum
on £7 103. for the second half-year) free of income
tax.

The following is the supplementary report of the
Bank of Australia, to be presented to the share-
holders on the 15th January :—" At the annual
general meeting in June last a resolution was
passed for holding half-yearly meetings of the pro-
prietors which now receives the attention of the
court of directors. They have accordingly to re-
port that the business of the bank has been of
a restricted nature, owing to the long continued de-
pression in trade and the want of confidence prevail-
ing in South Australia. It is gratifying, however, that
the capital is so employed that the bank's resources
will be immediately available when an improvement
occurs, signs of which have recently been manifested.
The court have given careful attention to the posi-
tion of the branch banks with a view of reducing
their number, if desirable. In the meantime the
local authorities have deemed it expedient to open
a branch at Strathalbyn, where it is hoped an ac-
cession of customers may be obtained, in an agri-
cultural district shortly to be brought into improved
communication with Adelaide. The colonial inspec-
tor, Mr. J. C. Dixon, has intimated his wish to re-
tire. his career in the service has been highly hon-
ourable and successful ; the date of his appointment
was in 1839, and he has, for the last fourteen years,
filled the most responsible offices of the establish-
ment On the ground of failing health and advancing
years, the court have been most reluctantly com-
pelled to accept his reisgnation. After anxious
deliberation the court have appointed as his suc-
cessor, Mr. Francis Grey Smith, who has for a
lengthened period held a high position in one of
the largest Anglo-Australian banks. The directors
congratulate the shareholders on the appointment
of a gentleman of great practical experience ac-
quired in the most important of the Australian colo-
nies. An increasing demand for capital will, it is
hoped, soon prevail ; but a further decline having
occurred in the value of all colonial properties, it
has been deemed incumbent to instruct the officers
at large to exercise increased care in advances, and
maintain a rigid adherence to sound rules of bank-
ing, by which means the court hope successfully to
conduct the year's operations."
The traffic receipts of the railways in the United
Kingdom for the week ending Dec. 19 amounted
on 13,355 miles to £748,824, and for the corre-
sponding week of last year, on 13,039 miles, to
£747,479, showing an increase of 316, miles, and of
£1,345 in the receipts. The gross receipts in the
14 principal lines amounted in the aggregate, on
9,677 miles, to £632,591, and for the correspond-
ing week of last year, on 9,425 miles, and of £373
in the receipts. The traffic receipts on 52 other lines
amounted, on 3,678 miles, to £116,233, and for the
corresponding week. of last year, on 3,614 miles, to
£114,515, showing an increase of 64 miles, and of
£1,718 in the receipts. The total receipts of the
week, as compared with the previous one ended
the 12th December, exhibit an increase of £23,569.

During last week the specie movements have
been on a very restricted scale. The imports, which
have amounted to about £322,590, have included
£49,532 from New York, by the Deutschland, and
£4,012 by the Holsatia. The George Thompson,
from Australia, has brought £121,724 ; the Poonah.
from Bombay, £9,742 ; and about £131,580 in
silver has been received from the Continent. The
exports have been confined to remittances to the
Continent through private sources, and which are
estimated to have been to the extent of about
£l,OOO.
Messrs. Crawford, Colvin, and Co., of 71, Old
Broad-street, announce that they have received
funds to provide for the payment of interest on
the Bombay Municipal Bonds, due on the 31st
instant,