The Sun.
London, England, 1867-10-17 00:00:00

IONEY MARKET

AND
COMMERCIAL INTELLIGENCR,

TWELVE O'CLOCK.
The demand for accommodation in the general
discount market continues limited, without any
change to report in the rates current. At the
weekly court of the Directors of the Bank of Eng-
-ID-lid, as was generally anticipated, no alteration
was made in the minimum rate of discount, and it
still remains therefore at 2 per cent. On the Stock
Exchange money is plentiful, and loans on Govern-
ment Securities are readily obtainable for short
dates at 1 per cent.
The Australian Mortgage Land and Finance
Company (Limited) have announced the payment
of au interim dividend at the rate of 10 per cent.
on the paid-up capital, for the half-year ending
30th June last, payable on and after the 4th No-
vember next. The balance-sheet from Australia,
duly audited for the first six months of the year,
shows a net profit of £17,504, after deducting
interest on debentures, rebate, &c., and the pay-
ment of all expenses ; out of this sum the interim
dividend will amount to £8,750, leaving £8,751
to be carried forward.
At the meeting on the 23d instant of the share-
holders of the Royal Mail Steam Packet Company,
the directors will recommend a dividend for the
half-year ending the 30th June last of £3 per share,
free of income tax, including the profit from the
insurance account.
The sum of £134,000 was withdrawn from the
Bank of England yesterday, making a total efflux
since the last Gazette return of £462,000.
Atlantic and Groat western Railway Debentures
have declined to 24 25, and the Consolidated
Mortgage Bonds *, to 20 21.
The silver market is rather firmer, a portion of
the late arrivals of dollars and the bar silver by
the last West India packet having been sold at an
advance of
The last week's railway receipts, ascertained up
to this day, are in round figures as under :

Great Western ...
... 81867. 11680,144 80,0.
57
North Western -.129,460 126,920
So h
ut Western ... 28,485 28,761
Brighton •••
26,118 23,996
... 59,112 56,363
South Eastern 32,523 30,448
at Northern 45971 42398
Lancashire and Yorkshire... 45,,410 44,,191
Bristol and Exeter ... 7,836 7,312
North E
... 77 059 76777
Manchesterastern Sheffield, and Lincoln ... 21,849 21,362
°Ma
***
t Eastern 41 551 89,876
I°llooll, Chatham, and Dover 13'794 11,853
lietropolitan„*
*** 4'240 4,037
North British ***
27''740 27,873
North Loudon
.., 5811 5,338
Great Southern and Westernof Ireland... 10,099 10,717
Midland and Groat Western of Ireland 8,310 7,109
(11,Agovr and South Western ... 11,905 11,023
These returns, when compared with those of the
corresponding period of last year, are, with one or
two exceptions, of a very favourable character.
011 the Great Western there is an increase of
; on the North-Western, of £2,540 ; on the
Brighton, of £122 ; on the Midland, of £2,744 ;
en the South-Eastern, of £2,075 ; on the Great
Northern, of £3,573 ; on the Lancashire and
Yorkshire, of £1,206 ; on the Bristol and Exeter,
of £524 ; on the North-Eastern, of £282 ; on the
Manchester, Sheffield, and Lincoln, of £127 ; on
the Great Eastern, of £1,675 ; and on the Lon-
don, Chatham, and Dover, of £1,941 ; while the
South-Western shows a'decrease of £276, and the
North British of £133.
The bar silver brought by the West India steamer
has been disposed of at 601 d., and a limited amount
of Mexican dollars by this and by one or two other
vessels has been sold at 598 d., in both instances
showing an advance of id.
The biddings for £lOO,OOO in bills on India were
held yesterday at the Bank of England, and the
whole was allotted on Calcutta. 'The minimum
price was fixed, as before, at Is. 11/. on Calcutta
and Madras, and tenders at Is. 114 d. on Calcutta
will receive about 80 per cent., while those above
that price will be allotted in full. No tenders for
bills on Bombay were invited. The terms thus ob-
tained show a further slight decline in the demand
for means of remittance to the East.
The Crown agents for the Colonies have invited
the holders of New Zealand Government 8 per
cent. Treasury Bills falling duo on the 31st of
December next to exchange them for 6 per cent.
Debentures of the General Government of that co-
lolly having 24 years to run. The proposed rate of
exchange is equal to a price of 103/ for the 6 per
cents., and the operation will be effected by the de-
hverY of a Treasury Bill, with the final coupon
attached, for a debenture of equal amount, bearing
I▪
nterest from the 15th of December, 1867. It is
understood that the Treasury Bills held in this
country, and falling due at the end of the present
Year, amount to about £400,000 ; but as the pro-
posed transaction will be merely t hat of substituting
:-
Ile security for another, representing the same
thel°unt, no additional capital will be called for, and
oreculY result will be that of lessening the liability
tne colony to the extent of the difference between j
the two rates of interest allowed, or between eight
a
ed nine thousand a year.

Accordin Reuter's tel Two o'CLocK,
g to egram this morning,
thr/e,,French Rentes were 67f. 25f. Very flat.
The situation of politics abroad, the Abyssinian
War, and many other gloomy contingencies, are de-
Pressing securities of all kinds. Mistrust is every-
!there evinced, because it is yet thought that affairs
In
the City have not yet reached their worst.
Against many satisfactory and encouraging features
0138 up some counteracting influence—such as the
advance in the Corn Market, failures in Liverpool
the London, and large withdrawals of gold from
e Bank of England, and excessively heavy losses
at Lloyd,s.
In Consols there has been a further decline of
Per cent. the latest prices being 93.4 for money,
and 934 for the account.
Italian Stock is depressed, the Fives being only
43.
I. Within the next two days some important
'moue is apprehended. There is an im-
pression that there is a secret treaty
Dbetwaen Prussia and Italy to thwart the
riPeror of France should he again wish to occupy
;rti3. Presuming that there is truth in this idea,
,"'e Pope will find, in all probability, greater sup
bert than may have been anticipated. What with
sup-
this
(2. 8 question and the arming in France and Northern
h'ellaany, it is not at all surprising to witness the
ea,viness of all European securities.
Foreign Stocks have in many instances ex-
Peri
enced a further decline. Mexican Stock have
receded 3 A-, to 14i 15 ; Turkish 5 per Cents. 4, to 30!
Spanish Passive 4, to 181 19.
transacted very moderate amount of business has been
in the Railway Share Market, and prices
'lellerallY exhibit increased depression. Great
estern have receded ; Caleolonian, Great
-Etatstern, Midland, and South Eastern, each ; and
Vit°47 41.• Metropolitan, however, improved 4.
The Foreign and Colonial lines continued in fair
dcillest at steady rates, Great Luxembourg being
quest
in at 84 4 ; South Austrian and Lombardo-
ofel,l_,etiaa have declined to 131 f ; Great Western
io'lanada remain at 154 16 ; East Indian at
fOlO I and Great Indian Peninsula have receded
.74
ta.ll4nic Shares remain inactive, and in a few in-
of "ea they arc a shade lower. London Chartered A, Australia have declined to 244 4, Chartered
:ie.r,cantile of India, London, and China to 254 26 ;
`0 "a London and Westminster have improved
701.
totilk,liscellaneous and finance shares are quiet. Hud-
biacco hay Company are marked 144, National
Cents .
Company 114, Atlantic Telegraph 8 per
vi 724, Paninsular and Oriental steam 51, and
to 71,
cercT of Egypt's Mortgage Loan has declined
Alnierican Securities are also depressed. United
Btates
Shn 5-20 Bonds have declined 1, to 68 4, Er ie
Shares 4, to 45 454, and Illinois Shares 4, to
774.

MINING MARKET.
WEDNESDAY, Two P.M.
6 Business WEDNESDAY,
been rather quiet, but prices are well
44414ecilkriuce of Wales, Groville, Choutales,