The Sun.
London, England, 1865-10-26 00:00:00

MONEY MARKET

COMMERCIAL INTELLIGENCE.

TWELVE O'CLOCK.
It has not been found necessary to-day by the
Bank of England directors to make any alteration
in the rate of discount, which therefore, remains,
at 7 per cent. Notwithstanding the abundance of
floating capital which bankers and brokers have at
their command, and the small inquiry prevailing
for accommodation, the quotation out of doors is
Only per cent, under the official minimum.
The coupons for the Atlantic and Great Western
.k.,..aaway Certificates of Debenture, due the 15th of
"'November, will be paid at the Consolidated Bank.
It has been notified that the eleventh dividend
°II Norwegian Trunk Preference Shares, 5 per
cent. for the year ending Sept. 1, 1865, will be paid
at the offices of ATessrs. Ricardo, 11, Angel-court
on and after Nov. 2.
Proposals have been made for the issue of the
100,000 new shares, at £2O each, of the Credit
Poncier and Mobilier of England, raising the sub-
scribed capital of the company to £4,000,000, the
paid UP to £1,000,000, the general reserve fund
£500,000 and the dividend reserve fund to
£lOO,OOO. Half of these new shares, viz., 50,000,
are to be reserved for the shareholders, issued at a
premium of £2 10s., and the other half to the
ri era' public at a premium of £3 10s.
per share.
umerous dealings are daily recorded in these
Shares, and the old are quoted 51 prem., and the
uew 4i premium.
to The last week's railway receipts ascertained up
this day are in round figures as under :
Great Neste
£17836356.8
£72,069864.
North tern
23,826 24,460
Brighton ern
•••
21 645 20,434
Midland *** ••• •** ***
' 47756
uth Easie•• •••
•••
48,44225,497 24,901
reat Northern •••
•••
•••
•••
40220 37,632
T _
ca ern
•••
Va.n shire and Yorkshire ... 39,170 34,592
nristol and Exeter ••• 7,002 6,391
rth Eastern 69,887 65,784
, estte
auch er, Sheffield, and Lincoln 19,580 18,131
',Teat Eastern
33,700 33,304
London, ChathamTand awer ... 9,716 8,329
These returns, when compared with those of the
corresponding period of last year, are generally of
tahesrae is
satisfactory character. On the Great Western
an increase of £1,199 ; on the North
Western of £5,208 ; on the Brighton of £1,211;
on the Midland of £686 ; on the South Eastern
of £596; on the Great Northern of £2,588 ;
on
the Lancashire and Yorkshire of £4,578 ; on the
Bristol and Exeter of £6ll ; on the North Eastern
of £4,103 ; on the Manchester, Sheffield, and Lin-
coln of £1,446 ; on the Great Eastern of £396 ;
and on the London, Chatham, and Dover of £1,387,
while the South,Western exhibits a decrease of £634.
The share list of the Metropolitan Railway Ware-
housing Company were closed this afternoon.
The sum of £170,000 in gold was taken to the
Bank yesterday.
The following notice has been posted in the Stock
Exchange :—" The committee have resolved that
the settlement in Turkish Consolides be fixed for
Friday, Nov. 10, in order to enable buyers to send
in their bonds for conversion. In all transactions
ill Turkish Consolides subsequent to Nov. 10 it
lutist be specified whether the bargains are to be
settled in unconverted bonds or in bonds stamped
for conversion."
It has been announced by the directors of the
Consolidated Assurance Company that they have
entered into an agreement with the British Pruden-
tial Assurance Company, by which the business of
the two companies will in future be conducted
under one management. The present policyholders
of the Consolidated are entitled to £75 per cent. of
the profits of the company, but under the
Lew arrangements they will receive
cent. ; with the comp£Boany these profits were
obtained from an income
of only /25,000
while the present income of the joint instil
a year,
utions is £133,000 a year ; the new premium income of the
Consolidated is progressing at the rate of only
£5,000 a year, while the British Prudential ex-
ceeds £50,000 a year.
In the tea trade there has been a good demand
for most descriptions. Messrs. Layton and Co.,
fortnight there has been a continued good demand
r hue congous of the new crop, the grades of
1,..'-aisow under 2s. 6d. per lb. realising full to rather
ghee prices : most of these have now been placed
trade, and excepting a few choice parcels
_rnalY held, there is but little available on the
Fi":arket. In the absence of Russian orders, a few
les of the new Monings were made at moderato
rateso
but within the past few days there has been
iui_":re desire to purchase, and several chops, form-
tha large total, have changed hands at extreme,
28°.
_gh somewhat irregular, quotations—say from
d.
Afin.2n.,,to 28. 9d. per lb., the latter figure being for
as much as 3s. having been bid and
i(oolll,ll3Boett(illisefroefr
is nothing,
01 1o p Fat chop. With these excep-
thing of particular interest to report,
' 1 import remaining without any active
; a few small transactions have however
Mace in common black-leaf at about ls., and
kinds up to Is. 2(1. per lb. ; in other
has been very little done.