The Sun.
London, England, 1867-10-28 00:00:00

ONLY MARKET

AND

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.
In all departments of business in the City there
has been a fair attendance, but business generally
has remained quiet. In the general money market
the demand for accommodation is inactive, and the
capital on offer superabundant. The rates for the
negociation of first-class short dated paper still
ruling at 11 18 per cent., and on the Stock Ex-
change loans on G-overnment Securities for short
notes are readily obtainable at 1 per cent., although
there has been more inquiry in consequence of the
commencement of the settlement in Railway and
Joint Bank Miscellaneous Shares.
The sum of V 3,000 was withdrawn on Saturday
from tke Bullion Office of the Bank of England.
In the corn market this morning there was a fair
attendance, but business remained inactive ; holders
of home-grown and foreign wheat demanding an
advance of Is. per quarter on last week's rates.
A call of £1 per share, payable in two instal-
Inetts, has been made by the Credit Foncier of
England ; the option of paying the amount at once
Under discount is given.
The Socidte Generale of Paris as concessionaire
0f the Contemplated Hungarian Loan has applied
t° Berne of our leading houses to introduce the ope-
ration on this market, but without success, as expe-
rience of the last few years has fully demonstrated
t° English capitalists the folly of lending their
111011eY to countries. inundated with depreciated
Paper money,
thus necessitating a continuous issue
1:4 Stock.

Atlantic and Great Western Railway Debentures
are steady at 251 261, and the Consolidated Mort-
gage Bonds at 201 21k.
From the manufacturing districts the reports for
the Past week state that, with a few exceptions,
business has remained very quiet. At Manchester
the recent bank failure has caused some depression,
1,314 manufacturers and spinners were demanding
Bhigher rates. In the northern districts of Leeds,
radford, and Huddersfield, there had been a very
4nactive inquiry for goods suitable for the present
.Bea Sen) and but little business had been reported in
Leicester
fabrics. The hosiery and lace trades of
4-kicester and Nottingham have, however, continued
t° show an improvement in the demand for useful
lig°°cls; while in the hardware districts of Birming-
:l4, Sheffield, and Wolverhampton, business has
'eulained quiet in most departments, without, how-
ever, any material change in prices.
~,,Tbe Tyne still continues to be very much crowded
'
,Ltil shipping, many of the vessels being of large
12e, though a good few have left during the week,
and Yesterday several ships of heavy tonnage pro-
ceeded to sea. According to the Customs' books
e arrivals during the week have been 276, includ-
14g 55 screw steamers ; the sailings 150, including
401
screw vessels. From the excess of import ton-
,age, the disturbed state of Italy, and other causes,
Die freight market has been exceedingly dull for the
lediterranean, for which sea there has been little
()I‘ile demand this week. The coasting trade has
also been very flat, the rates to London being from
°B. 7d. to ss. 10id. per ton.
Freights during the past week, from the Wear,
'4ave ruled generally low, on account of the exces-
sive quantity of tonnage in the port, and 6s. 3d. to
e 4ici. per ton may be quoted as the London rate ;
anaburg, £8 10s. ; Nieu Dieppe, £7 to £7 ss. ;
Harlingen, £7 15s. ; Lisbon, £l2 10s. ; Rotterdam,
£8; and Bruges, £Blos. per keel. The Alexandria
rate is £2O 103. to £2l. Mediterranean rates
hogenerally a little improved outward, and
naeward ships at or near the grain loading
Ports are still commanding high figures ; but this
sill soon be over, as a more quiet feeling is begin-
more
healthy, and good rates are quoted homeward,
kith a fair demand for tonnage outward. From the
American ports on the Atlantic seaboard a large
si.antity of cotton and grain will soon be ready for
talPreent, and the scarcity of tonnage in that diree-
!°ll will operate beneficially on freights, and an
excellent business, no doubt, will be done.
i Posturing the past week 108 ships have entered the
tof West Hartlepool, 26 importing cargoes of
toa:Bl3,to
er;dueeasl,s, and props, 4 goods, 1 each of pota-
and grain; whilst during the same
117 ships have sailed. At East Hartlepool
be,, vessels have arrived, 11 having cargoes of
Whilst hay, iron, apples, timber, and goods,
stnsust 121 have sailed, including five screw-
uers• The brokers and merchants have had
vlserY busy week owing to the number
ael,:giilas in port, and the greater portion of the
lten-fe?,_ have effected charters. The collieries have
veni '° supply of coal equal to the shipping con-
11ale4ces of the port. The London frieghts still
latitain the ascendancy which was gained a fort-
arlvtl/ast, and there is a probability of a further
are
c° The top price is 75., but most shipowners
Teil°utent to take 6s. 9d. with a quick despatch.
Petii report of the directors of the Great Indian
ahatTlula Railway Company to be presented to the
thme,"°lders on Nov. Ist has been issued. It states
ks3oLbe net receipts of the half-year amounted to
:14trin. 46 ,
a ' vo, toeing at the rate of £6 9s. per cent. per
Pail upon the total paid up capital of the com-
tipoY at the 30th June, namely, £16,443,414; but
peilail the estimated amount of capital at present ex-
exiwd On the 832 miles of open railway, with the
oeiptlug rolling stock and machinery, the net re-
sat °f the half-year are equal to a return at the
obtli.(4 4:9135. 4d. per cent. per annum. Such results
biAeillecl in the imperfect state of the company's
faotortaking cannot fail to be regarded as most satis-
teat by the proprietors. The guaranteed inte-
arQo4°l the half-year advanced by Government
ded lated to £398,452 7s. 10d. This sum being
geted
from the amount of the net receipts, there
b€' left as surplus profit £132,115 12s. 2d.,
ti7oiety of which would be about 10a. per cent.
blabshare capital to the 30th June last ; but her
1p thetY's Secretary of State for India being unable,
to absence of sufficient information from India,
arriv
the la e at a decision as to the appropriation of
Yet het receipt of the half-year, the board are not
The _ Position to make any proposal regarding it.
are -uslial net revenue and surplus profit accounts
statue nuently not appended to this report. The
had be ute on capital account show that £16,143,414 ,
30th .ell received on shares and debentures to the
k 15,754,4) 1867, of which there had been expended
at'th '3724 6s. lid., leaving a balance in hand at
tato
of £689,689 13e. Id.

Two o'CLocc
helkebeNi 411 to Reuter's telegram from Paris to-day
'ch ng
Rentes were 68c. 72f. Very firm
re°twithstanding the unfavourable accounts with.
1:04tr1 to the Roman question Consols have im-
Dar:fe," to the extent of 1-16th per cent., the cora-
tha -`°elY lbw quotations having attracted pur-
-44(149448: Consols are 94 5-16ths 7-16 ths for money,
Th(-3- Z-16ths 9-16 ths for:December.
011 41 eV? Threes are 92k ; Reduced Annuities,
6 6 per Cents., 113 f 114 ; ditto n ace
tliiPtiol'll'tmts:, 104 ; ditto Debentures, 1051 ; and
I.",°ds, 61s. prem.
Italian 'tegt prices of Foreign Stocks are as follows :
43ii ; Greek, 12k f ; Mexican, 15 k;
.114,,k-74 Passive, 19 ; Certificates, 16 ; and
Thilih 6 per cents., 31i 32.
()f P°l.igu and Colonial lines show little change
;‘l4 Zrtance• Great Luxembourg are dealt in at
'Ol/th Austrian and Lombardo-Venetian at
(Ireat Western of Canada, at 16 161; East
at 1,,n, at 110 110 i ; and Great Indian Peninsula,
e7l
441 r JOited States 5-20 Bonds are 691 ; Erie
ee A,
-01; and Illinois, 79k.
have e operations in the Railway Share Market
44q Only been to a moderate extent, the dealers
1144: Peculators being chiefly wit t
Ivith 4etoents for the settlement. engaged
Prices, howh ever,he toil:4e or two exceptions, have slightly improved.
liave csll, Chatham, and Dover and North-Western
liotti7eh advanced L. Great Eastern and Great
‘vhile eru A
'I Stock each ; and South Western 1 ;
tlo4i447etrepolitaa have declined and Cale-
tiftnL •
1' Shares remain inactive, without any change