The Sun.
London, England, 1867-10-03 00:00:00

MONEY MARKET

AND

COMMERCIAL INTRT..LIGENCE,

TWELVE O'CLOCK.

At the weekly court of the directors of the
Bank of England this morning no alteration was
announced in the minimum rate of discount, which
still remains at 2 per cent.
In the general discount market there is a very
moderate inquiry, and first-class short-dated paper
can be readily negotiated at 14 1 per cent.
The sum of £48,000 in gold was taken to the Bank
of England yesterday, making upon balance a total
of £413,000 sent in during the week since the date
of the last return.

The Royal mail steamer Seine, with wails from
Brazil and the River Plate, arrived at Southampton
last evening. Intelligence from the seat of war in
Paraguay states that the allied fleet had passed
Curupaity, having suffered severely, many of the
ironclads being placed hors de combat, and were
row lying in front of Humaita, but it was thought
impracticable to pass further up. By private ad-
vices from Buenos Ayres, it was asserted that this
was a preconcerted plan, and that upon Marshal
Lopez allowing the allies to gain this advantage,
offers of peace would be made, giving up the con-
quest of Paraguay, and on terms honourable
to all concerned. A fresh revolution had
broken out at Cordoba, and several prominent
members of the national Government had been im-
prisoned—in fact the interior provinces of the
Argentine Confederation are far from being in a
state of peace. Near Rio Janeiro the slaves of a
large plantation had revolted, and a military force
had been sent to restore order. The allied troops at
the seat of war were greatly harassed by Paraguayan
guerillas, and were suffering severely, having also to be
placed on short rations. At Buenos Ayres exchange
on England had closed at 48 nominal : about £150,000
had passed. The Cordoba steamer for Liverpool
will bring about £lOO,OOO. Exchange on France
5.03 ; National Bonds, 53i ; sovereigns, per
cent. prem. ; and gold is still in demand for export
purposes. The railways were all doing well.
It is announced that Baron Steiglitz, of the Narva
Flax Mills, St. Petersburg, has opened a depot here
ttr the sale of sailcloth, ducks, &c., as supplied to
the Imperial Government of Russia ; Mr. W. H.
Ridley, of Queen-street, Cheapside, acting as his
agent,

The directors of St. John d'El Rey Mining Com-
pany (Limited), have received per Seine the follow-
ing report, dated Morro Velho, Aug. 29, 1867 :
Produce, second division of August, 11 days, 14,654
oitavas ; yield, 6,858 oitavas per ton.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :

Great Western North Western ... •••...
South Western
Brighton "'...
Midland ...
Mouth Eastern ...
Great Northern ... '"
Lancashire and Yorkshire... •••
Bristol and Ezeter...
North Eastern ...
Manchester, Sheffield, and Lincoln
Great Eastern ... ••• London, Chatham, and Dover
North British
Nrs

1867. 1866.
▪ 81,597 80,720
_135,921 130,715
... 24,169 26,840
• 29,838 27,216
59,908 56,749
• 32,920 29,262
... 45,107 42,763
• 46,720 45,450
8,786 7,716
▪ 80,331 76,209
... 23,661 21,782
40,640 38,925
15,587 12,667
• 27,997 28,364

orth London 5,916 5,502
Midland and Great Western of Ireland 6,451 5,764
Glasgow and South Western ... ... 12,220 11,490
The biddings for bills on India took place yes-
terday at the Bank of England. The amounts al-
lotted were to Calcutta £96,000, and to Madras
£4,000. The minimum price was fixed, as before,
at Is. 111 d. on Calcutta and Madras. Tenders at
Is. 111 d. will receive about 13 per cent. ; those
above will be allotted in full. No tenders for bills
on Bombay were invited. The above rates show an
increase in the demand for remittance.
The market in London for American Securities
has been dull, with a tendency for Government
Bonds to decline in value, from sales pressed on
account of continental Bourses, which to-day has
been very marked, the 5.20 Bonds, 1862, having
trenched on 71k. The absence of any quotations by
Atlantic Telegraph has deterred buyers operating,
owing to uncertainty of the price of gold in New York.
Erie Shares have been improving up to to-day,
having :Advanced from 40 to 421. Illinois Shares
remain steady. There exists a good demand for
Railroad Bonds payable in Sterling. Virginia
Sterling have also been inquired for at full rates.
Atlantic and Great Western Consolidated Bonds
and Debentures have been more freely taken than
for some time past. The report of the committee
of investigation is expected to be issued this week.
These returns, when compared with those of the
corresponding period of last year, show some very
satisfactory results. On the Great Western
there is an increase of £877 ; on the North-
Western, of £5,206 ; on the South-Western, of
£22329 ; on the Brighton, of £2,622 ; on the
Midland, of £3,159 ; on the South-Eastern, of
£3,608 ; on the Groat Northern, of £2,344 ; on
the Lancashire and Yorkshire, of £1,270 ; on the
Bristol and Exeter, of £1,070 ; on the North-Eas-
tern, of £4,125 ; on the Manchester, Sheffield, and
Lincoln, of £1,879 ; on the Great Eastern, of
£1,715 ; on the London, Chatham, and Dover, of
£2,920 ; and on the North London of £414 ; while
the North British shows a decrease of £367.

Two o'CLoca.

A firmer tone has prevailed to-day in the English
Stock Market, and Consols show a recovery of
per cent., being 911 I for money on the Bth inst.,
and 948 / for the November settlement.
Ths New Threes are 928 j ; Reduced Annuities,
921 ; New 2/ per Cents., 77 ; Exchequer Bills,
263. to 30s. prem, for March ; Bank Stock, 248 ;
India ditto, 220/ 2 ; ditto 5 per Cents., 1118 11 ; 5f
per Cent. Enfaced ditto, 1094 ; and ditto Bonds,
655. to 70s. prem.
Bank shares continue very dull. London and
Westminster are at 684, Union of London at 37:1,
London Chartered of Australia at 24, and City
Bank at 124.
In the Miscellaneous Market there has been little
change. City Offices, however, have declined to
7i, Hudson's Bay Company to 148 15 ; Commercial
Union Assurance are marked 4i, and Viceroy of
Egypt's Mortgage Loan 71/ 72/.
Foreign Stocks have in most instances recovered
from their late depression. Greek Buds improved
to 13/ 11 ; Spanish Passive /, to 19 191 ; the
Certificates it, to 14 ; and Turkish 5 per Cents.
34 311 ; while Italian 5 per Cents, continue
depressed, and have further receded /, to 46 468.
There has been a better inquiry for American
Securities, and prices have an upward tendency.
United States 5-20 Bonds have advanced 1, to 72
721; Erie Shares 4, to 42 43 ; and Illinois /, to
77 77/.
The dealings in the Railway Share Market have
been on a very limited scale, but more firmness has
prevailed. Great Western and North Western
have each improved;, and Caledonian and Brighton
each I ; while South Eastern ; and
have receded if
London, Chatham, and Dover, Manchester, Shef-
field, and Lincoln, and Midland each
The F
vv4
oreign and Colonial lines sho. little varia-
tion. Great Luxembourg are marked 91 ; South
Austrian and Lombardo-Venetian, 1418/ ; Grand
Trunk of Canada, 19 ; Great Western of Canada,
161 ; East Indian, 1101 ; and Great Indian
Peninsula have declined to 106/ 107,