The Sun.
London, England, 1867-10-19 00:00:00

oaBY MARKET

A ND

COMMERCIAL INTELLMENCR,

TWELVE O'CLOCK.
The attendance in all departments of business in
the City to-day was very limited, and in the
general discount market no change of importance
Can be reported, the rates current for the negocia-
tion of first-class short dated paper ranging from
t 9 11 per cent. On the Stock Exchange there
is an abundant supply of capital on offer, and loans
on Government Securities are readily obtainable at
1 per cent.

The bullion operations at the Bank of England
yesterday comprised an influx of £lO,OOO and a
withdrawal of £182,000, including 70,000 sovereigns
for Egypt.
Two Australian arrivals have taken place, viz.,
the Great Britain, with £438,021; and the Wave
of Lie,with £120,252, making a total of £558,276.
The Kepler, from the River Plate and Brazils, has
also arrived this morning with £30,000.
Notice has been given by the Secretary of State
for India in Council that the amount for which
tenders for bills of exchange on Calcutta and Madras
will be received at the Bank of England on Wednes-
day, the 6th proximo, on the terms stated in the
announcement on the 10th November, 1863, will be
10,00,000 rupees.
Accounts from Dunedin, New Zealand, have been
received by the directors of the Otago and South-
land Investment Company. An interim dividend
has been declared at the rate of 10 per cent. for the
six months ending 31st July, leaving a considerable
balance to be carred forward.
The Bank of New South Wales have announced
that the balance of the Tasmanian Government
Loan of £102,500, offered on the 26th Juno last,
has now been subscribed for.
Atlantic and Great Western Railway Debentures
have receded f, to 24 25 ; but the Consolidated
Mortgage Bonds remained steady at 20 20k.
The specie movements during the past week have
been on au extreme scale, particularly as regards
the imports, which have amounted to about
£1,050,003, including £26,370 from New York by
the Bremen ; £1,500 by the City of Antwerp'; £4OO
by the "ammonia; £221,259 by the Tasmania from
the West Indies and Pacific ; £438,024 from
Australia by the Great Britain; £120,252 by the
Brazils.
of Life ; £30,000 by the Kepler from the
.urazila• The Athenian from the West Coast of
Africa has brought £B5O. About £6,348 in gold
has been received from Portugal, and £5,000 in
silver from the Continent.
The exports have been £430 to Bombay by the
6umatre ; £l,lOO to the West Indies by the Douro ;
and there have been remittances to the Continent
through
k
private sources estimated at £353875 —the
total amounting to £355,405.
The Standard Bank of British South Africa have
issued a report for the half-year ending the 30th
"line last. The accounts show a balance of net
Profit of £14,299, after making allowance for rebate
on bills not due and providing for bad and doubtful
debt. Out of this available balance the directors
12.ecommend a dividend for the half-year of 10s. on
the shares with £25 paid, and of 4s. on the shares
,with £lO paid, which will take £9;393 ; that £5OO
be written off preliminary expenses, £l,OOO off the
amalgamation account, and that £2,000 be added to
the reserve fund; leaving £1,405 to be carried for-
ward. In addition to the ordinary profits the
directors have been able to apply £9,370 arising,
from forfeited shares, in reduction of the amalgama-
tion account. Although the directors do not pro-
Pose to increase the rate of dividend beyond that of
the two past half-years, they have much pleasure in
stating the continued advance of the bank in
strength and public favour. The withdrawal of
two local institutions in Natal will tend materially
to improve the position of the bank in that colony.

Two o'CLocx.
According to Reuter's telegram this morning,
the French Rentes were 67f. 10f. Uneasiness.
When the market for Consols closed yesterday
afternoon, there was a firm advance of nearly 1 per
,cent.) but to-day, owing to a few sales, there has
peen a reaction of 1. Lower prices from the Paris
lioura,,, and the persistency with which reliable cor-
respondence from Paris refer to the almost inevitable
re"eilpation of Rome by the French troops, and
the probability of affairs between France and
I.)ry. •
assuming a more serious aspect, have
ur°nght forward fresh " bear" operators on the
ofd jump that has taken place. Withdrawals
of gold from the Bank have been commented upon,
and all these. unfavourable influences have to some
intent negatived the remarkable and most encourag-
g speech made by the Premier at Manchester, the
extremely
easy condition of the money market fav
_and_ ourable returns issued by the Banks of England
414
France, as they both indicate an expansion
of trade or enterprise of some kind. Consols are
/a°Nv 1 lower than they were yesterday afternoon,
St 931 for transfer, and at 931 1 for the account.
9_,The New Threes are 94 f ; Reduced Annuities,
; India 5 per Cents, have been dealt in at
;14i 1131 ; do. 4 per Cents., 99/ ; do. Enfaced
Per Cents.
and 1044 ; do. 51 per Cents., 1094 do. Bonds, at 68s. prem.
°P
s Although most departments of the Stock Ex-
considerably depressed, Foreign Stocks
(10 usot show
dtoechned any material variation. Italian have
1
to 434 44 ; but Greek have advanced 1,
a 121' and Mexican, 1,141 ; Spanish Passive
4rend Tur Unchanged, at 184 191; the Certificates, at 161;
kish Ae 5 per Cents., at 311 1.
0 advance has taken place of lin Erie Shares,
the report of a change in the direction of the
ei°n 'n#PanY) and are 45 46 ; but Illinois have declined
eg77 ; United States 5-20 Bonds *, to 681 I
deln
the the Railway Share Market the downward ten-
efncY of prices has made farther progress, and most
la,‘4 principal lines are neglected. Caledonian
tave declined 41 upon a pressure of sales. North
tera (Berwick) have receded 1, Great Western,
I:ight°l3, Loudon, Chatham, and Dover, and Mid-
elnd, each ; Great Eastern and South Eastern
Ive„lL 1; and Great Northern A Stock, North
,FL'ern, and Metropolitan each
al.
Hatt ne Foreign and Colonial lines are also a shade
el., with the exception of South Austria and
c4°llThardo-Venetian, which have improved to 141.
rrrentrai
1.. Argentine are 'marked 131 14, Grand
ctl,ll:` °f Canada 17 171, East Indian 1101,
-au Indian Peninsula 107 i, and Scinde 1031 104.
mla geea ares continue in very limited request, and
eane erally remain unaltered. Chartered Mer-
-setile of India, London, and China are dealt in at
44141 iv;_ London and Brazilian, at 20}; London
at 371.estminster, at 70171 ; and Union of London,
theln
. Miscellaneoue and Finance Share Market
further decline has taken place in Royal Mail
og In) Which have receded to 81 and 821 ; Viceroy
gv„.",
tol3 '4"Mortgage, to 711 1; and City Offices,
proye'a While National Discount Company have im-
• to 11k
k
anaten Telegraph Construction and
‘,04.1 aPanYnee remained at 16 ; and Hudson's Bay
)at .