The Sun.
London, England, 1867-10-01 00:00:00

MONEY irARKET

AND
t2CaIItIEROIAL INTELLIG?-11i0B,

TWELVE O'CLOCK.
No material alteration can be reported in the
general Discount Market, but there is rather more
inquiry, owing to the preparations made for the
commercial engagements due on the 4th inst. There
continues to be a superabundance of capital in the
hands of bankers and brokers, and the rates current for
the negotiation of first-class paper (which is not
readily obtainable) rate from 11 to 11 per cent.
At the Stock Exchange loans from day to day, on
the security of Government Securities, arc readily
obtainable at 1 per cent.
There were no gold operations of importance at
the Bank of England yesterday.
Atlantic and Great Western Railway Debentures
remain at 25} 261, and the Consolidated Mortgage
Bonds have advanced I, to 23 23k.
The Bank of New Zealand have notified that they
have been instructed to offer for public tender
£200,000 of the £500,000 loan authorised for the
service of the Province of Auckland, New Zealand,
and of which the first instalment of £lOO,OOO was
disposed of in September, 1863. The instalments
are to extend to the 15th of January.
At the half-yearly meeting of the Commercial
Banking Company of Sydney, held at Sydney on
the 26th of July, the net profits for the half-year
were stated at £43,253, out of which a dividend at
the rate of 15per cent. per annum was declared, and
a bonus of ss. per share ; making altogether 17 per
cent. per annum. The sum of £9,253 was carried
forward, and the reserve remained at £llO,OOO.
Accounts from the Clyde state that great stagna-
tion continues to prevail in the iron shipbuilding
trade, and no less than from twenty to thirty thou-
sand men connected with the iron trade of the dis-
trict are out of regular employment. This state of
affairs is, it is stated, owing to the rapid pro-
gress made by the Continental manufacturers, and
to the much cheaper rate at which they can turn out
work equally as good as that of our own artisans.
In the Foreign and Colonial Produce Markets
during the last few days there has been rather a
firmer tone. A moderate amount of business has
been entered into in tea, but prices have been rather
unsatisfactory to holders and importers. A
considerable quantity of China produce is
announced for public competition this day.
Fur sugar there has been rather more inquiry, and
superior qualities of West India have brought rather
higher rates. Coffee has been dull, and only
superior descriptions of colonial have maintained
former values. Rice has been inquired for to some
extent, and prices have tended upwards. In tallow
the operations have been to a fair extent, and prices
have remained steady.

Two o'CnooK.
At Paris this morning, according to Reuter's
telegram, the French Rentes were 69f. 00e. Offered.
Less buoyancy has prevailed to-day in the English
department of the Stock Exchange, and, in fact,
throughout the markets generally. There has been
an advance within the last few days, and sales have
been expected to realise profits. Otherwise there is
nothing at present to produce depression either_ in
connection with politics or finance. Consols for
money and the Bth inst: have declined., to 941
and for the November settlement they are quoted
941.

The New Threes are 921 I + 1 ; Red. Annuities,
92a- ; India 5 per Cents., 113/ f 14 ; Enfaced
ditto, 1041 ; ditto Rupee Debentures, 1872, 104+;
ditto 1873, 1051 ; ditto Bonds, 655. to 70s. prem.
In the Foreign Stocks there has also been a slight
tendency to depression. Italian 5 per Cents. have
receded to 47} 48 ; Greek Bonds f, to 13; 14+ ;
Spanish Passive *, to 19f 20 ; and Turkish 5 per
Cents. a, to 311 32.
American Securities remain exceedingly dull.
United States 5-20 Bonds have further receded +,
to 72+ a, and Erie shares +, to 44 42, while Illinois
shares have improved +, to 77 78.
In the Railway Share Market the dealings have
been on the most limited scale, and the variations
in prices have barely exceeded k per cent. Great
Eastern have improved a, and Manchester, Sheffield,
and Lincoln + ; while Great Western have declined
a-, South Eastern I, and Midland f.
The Foreign and Colonial lines are dull, and
without any material change in values. San Paulo
are marked 16f ; South Austrian and Lombardo-
Venetian, 14i ; Grand Trunk of Canada have
declined to 191 ; Great Western of Canada remain.
at 16+; East Indian at 1101 ; and Great Indian
Peninsula at 107 i I.
Bank shares are very quiet, at about former rates.
Chartered of India, Australia, and China, are
marked 20a, London and County 55i /, London
and South African 14, and Union of Australia
47i 48+.
Miscellaneous and Finance shares are in a few in-
stances a shade flatter. Atlantic Telegraph 8 per
Cents. have declined to 76+, Anglo-American Tele-
graph to 17f, and Viceroy of Egypt's Mortgage
Loan to 72 721. Credit Foncier of England are
dealt in at 38 a, and London General Omnibus
Company at 2+ 24.