The Sun.
London, England, 1868-01-21 00:00:00

Consols are steady at 928 to 93 for money and
account. New and Reduced Three per Cents., 93
to 931. India Five per Cents., 111/ to 1121.
Bank Stock, 212 to 244. Exchequer Bills, 225. to
275. prem.
In Foreign Stocks Mexican Bonds are 1 better,
151 to 151. Italian, on the other hand, are 1 lower,
at 421 to 42/ ; and in Spanish there is a relapse of
* per cent., the price being 351 to 35/. Greek
Bonds arc 12 to 121 ; Turkish (1865), 301 to 301 ;
Portuguese, 21 to 21 prem. ; and Egyptian Rail-
way Debentures 92 to 921.
The New Honduras Loan is steady at 1 to 11
prem., ex coupon.
American Securities are dull. United States'
5-20 Bonds are 1 lower, at 711 to 72 ; Erie Shares
1 higher, at 48 to 49 ; Illinois, 85 to 86.
Atlantic and Great Western Railway Debentures
remain at 24 25 ; and the Consolidated Mortgage
Bonds 24 to 25.
There is little or no change in railways. Sheffield
have declined 1, and Great Western 1. Caledonians
are 1 better, and Metropolitan 1. The quotations
current are :—Lancashire and Yorkshire, 1231 to
1241 ; Midland, 1041 to 104; ; South Eastern, 68
to 681; London and North-Western, 1161 to 117;
Great Northern, 1061 to 107} ; Great Northern A,
1081 to 1091 ; Sheffield, 411 to 44/ ; Brighton,
461 to 47 ; Metropolitan, 1171 to 1181 ; Cale-
donian, 751 to 751 ; Chatham, 18 to 181 ; Great
Eastern, 291 to 291 ; Great Western, 461 to 47.
Lombardo-Venetian Railway Shares are 131 to
13i ; Great Indian Peninsula, 1071 to 1081 ; East
Indian, 1081 to 1091 ; Grand Trunk, 141 to 151 ;
and Great Western of Canada, 16 to 161.
London Financial Shares are 231 to 221, and
Consolidated, 1 to I prem.

CITY, TWELVE O'CLOCK.

There were no bullion operations at the Bank of
England yesterday.
The Deutschland, from New York, brings £B5, 750
in specie.

The shipments of gold from Australia for Great
Britain during December last amounted to £102,000.
The prospectus of the Hungarian Loan has been
issued for France, and subscriptions will be opened
on the 23d inst. in Paris, Pesth, Buda, Vienna,
Frankfort, Amsterdam, and London. The number
of obligations issued will be 709,380, at the price
of 215 francs, repayable in fifty years, at 300
francs ; each obligation bearing an annual interest
of 15 francs, so that the loan is a 5 per cent. loan,
or, if allowance be made for discount and other
advantages offered to subscribers, it will pay 7i per
Cent.

The directors of the Consolidated Bank have issued
their half-yearly report. Thero is a net profit of
£27,263, and, adding the previous balance, there is
£35,451 for distribution. After paying a dividend
at the rate of 5 per cent. per annum, adding £3,100
to the reserved surplus fund, and £lO,OOO to the
special reserve fund, a balance is carried forward of
£2,351. Mr. Murray Gladstone succeeds the late
Mr. Aspinall Turner as director. The dividend ;is
Payable on February 1.
A. proposed dividend of £1 2s 6d per share has been
azreed to by the shareholders of the Bradford Old
13 tnk.

The death is announced of Mr. Bennett, secretary
to the Bank of Scotland.
From the important report of Messrs. Turquand and
Harding, official liquidators of Overend, Gurney, and
Company, concerning the progress of the liquidation
and its ultimate result, we make the following
extracts :

At the date of the suspension of the company, the
liabilities amounted to £18,727,915 13a 81 On the 25th
February, 1867, the date of our last statement, they had
been reduced to £3,640,655 163 7] ; and it will he
found that at the 31st December they had been
further reduced to £1,190,855 4s Bd. The cre-
ditors at the date of the suspension were 1755
au number ; they have now been reduced to 1243.
The total amount distributed by us by way of dividend
or otherwise, including moneys paid to redeem and
maintain securities, and including also the proceeds of
securities held against bills, which with other moneys
were specially applicable, has been £3,796,206 3s 6d.
The total amount paid by contributories in respect of
the two calls has been £1,548,790 7s sd, and of that snm
£1,003,426 93 ld has been paid during the past year.
To the 31st Docember last, the total receipts, including the
Payments by contributories have been £3,83-7.973 is 7d.
The unpaid calls will, we believe, produce £89,907 8s 10],
Lamely, £21,867 Os 5d in respect of the first call, and
£68,040 8s 51 in respect of the second call. The
securities held by creditors are estimated to produce
£68,354 18e, leaving a probable surplus of £25,452 18s Bd.
he bills re-discounted which are still in the hands of
Creditors are estimated to produce £150,070 3s 41 leaving
a probable surplus of £64,976 lls 7,1. The total value of
the remaining assets, as now estimated, is £1,681,221 4s 10d,
being .£618,361 Ils 3d in excess of the balance of indebted-
ness, exclusive of interest. We have reason to hope that
123" the end of the current year very nearly the whole of the
Indebtednels of the company will have been discharged.
The report of the directors of the London Financial
Association has been issued. The liabilities are re-
duced to £240,000. During the past year seven rail-
Ways, in which the Association is interested to the
extent of £400,000, have been opened, and the board
will continue the policy of developing the several pro-
jects of the company.
To-morrow (Wednesday) an instalment of 15 per
cent, is clue on the Egyptian Railway Loan.
The directors of the St. John del Rey Mining Cora-
Pany (Limited) have received the following report,
dated Morro Velho, 17th December, 1867 :—" Pro-
duce for November, 36.328 oitavas from 5,523 tons of
ore ; yield 6.149 oitavas per ton ; cost for November,
£8 841 ; profit for ditto, £5,235 ; produce ten days
°f December, 2,440 oitavas ; yield 1'214 oitavas per
ton!,
The receipts of the Cape Railway Company for the
Month of November amounted to £3,140 3s Bd, being
X 73 14s Pd less than last year.
The Russian Credit Foncier Company, under the
rionorary presidency of his Imperial Highness the
Grand Duke Constantine, has concluded a contract
with Messrs. Rothschild for negotiating mortgage
bonds to the amount of fifty millions of roubles.
In a lengthy and useful review of the wool trade of
1867, Mr. Helmuth Schwartz() thus refers to the
Prospects of 1868 :—Trade is perfectly quiet, and
money continues to lie idle. What we know of the
future is, that, from the chief sources of pro-
duction, the English colonies and South America,
the supply of wool will again show consi-
derable increase. To meet it we have large stocks,
a stationary consumption, wheat 45 per cent. higher
than the average of the three preceding years, and a
bad trade. The revival of business must be very
great and sudden to equalise this great disproportion ;
we see no prospects of its taking place on so large a
scale, and therefore look forward to a dull year and a
continuance of low prices."