The Sun.
London, England, 1867-10-31 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE o'CLocK.
At the weekly Court of the directors of the Bank
of England this morning no alteration was an-
nounced in the minimum rate of discount, which still
remains at 2 per cent. In the general discount
market the preparations for the commercial pay-
ments due on the 4th proximo has caused rather
more demand, but the amount of available capital
being abundant there is no change to report in the
rates current.

At the bullion office f the Bank ye,,terday there
were no transactions of importance.
A Pro forma meeting of the Grand Trunk Rail-
way Company of Canada was held to-day, when
the report of the directors was Submitted. The
available net balance amounts to £114,082 for the
half-year, but from this amount there has to be
deducted loss on American currency and the sum
due to holders of postal and military bonds, leaving
the balance of £71,702. As against this sum there
has been paid out, or is payable for interest, leases,
Bce.) 492,379, which finally leaves a debit balance
against the half-year's net revenue of £17,677. The
total loss sustained by the company from 1862 to
30th June last in American currency amounts to
no less a sum than £311,938, and the directors
cannot refrain from again referring to this most
serious
but inevitable and unforeseen loss as the
real origin of most of the recent difficulties of the
company.
At the meeting held to-day of the West Flanders
Railways, the directors presented their report, and
the report of the Directeur Gerant, together with
the accounts for the past half year. The latter
shows that, after providing for the fixed charges,
there remains a balance of £7,514 Os. 3d., out of
Which the directors 'propose to pay a dividend of
/re shillings per share (being an increase of three-
pence per share as compared with the previous
all Year and sixpence on the half year
Preceding that), payable as usual on and
after 15th Nov. next, and to carry forward a ba-
lance of £824 15s. 3d. According to the report of
I‘:essrs• Hutt and Browne there were extant, in
1r
,°64) 143 shares in excess of the statutable num-
-45 of these have been purchased during the last
'ale year, as shown by the accounts, making 123
with those previously cancelled. In accordance with
the intention expressed at the general meeting in
April
1866, the directors have since that time con-
ducted the business of the company with four direc-
OrB only; but in consequence of the inconvenience
~ulting from this (three being necessary to form
board) they have deemed it desirable to revert to
to their previous number, five, and have conse-
ruentlY, in accordance with Article 22 of the Sta-
tes, nominated Mr. Thomas Robert Tufnell as a
director of the company, which requires the confir-
mation of the present meeting. A resolution will
13e submitted to the proprietors, giving authority to
the directors, whenever the dividend for the half-
year shall reach ss. per share, to invest in a con-
!lagency fund a sum not exceeding £500; this
investment to remain the property of the original
shareholders, and to cease as soon as the reserve
zund prescribed by the statutes shall come into
°Aeration.
It has been announced that petitions for winding
I,IIP the Royal Bank of Liverpool will be held by
loe-Chancellor Malins on the Bth of November.
Atlantic and Great Western Railway Debentures
have declined I, to 25} 26, and the Consolidated
Mortgage Bonds to 20i 21.
The Blackwall has arrived from Australia with
gold amounting to nearly £200,000 ; the Nyanza,
from Alexandria, has brought only £250.
Mr. Edward Addis, of the firm of Addis and
accountants, has been appointed official
liquidator of Samuel Bastow and Co. (Limited).
The last week's railway receipts, ascertained up
to this day, are iu round figures as under :

1867. 1866.
Great Western ... 75,529 73,009
liorth We,stern -.121,478 119,481
loutli Western. 21,742 23,988
bright°
•.•
... 25,822 23,101
kidland •••
•.• 57,103 54,229
Bouth Eastern• •••
... 28,592 24,382
Great Nortl .:
44,882 40,899
Lancashire lenrd Y rkshirom 43,960 42,411
}iriatol and aFxsteor :•: 7,132 6,834
North Eastern- "•
„. 78,163 72,858
kr,anclie4ter, andaincoln ... 21,607 21,246
reftt Eastern ... 40,305 38,808
London, Chatham and Dover 12,345 10,064
Metropolitan... ••
•••
•••
4273 4012
t.11:,e,,at Southern and Western• of Ireland._ 12,613 11,637
0,"-"knd and Great Western of Ireland ... 6,410 5,i 96
'"gow and South Western ... ... 11,583 11,333
'these returns, when compared with those of the
11'esponding period of last year, show some very
ritatisfactory results, and exhibit an improvement in
)liveesgteenraeral trade of the country. On the Great
there is an increase of £2,520 ; on
Ithe forth-Western, of £4,997 ; the South-Wes-
:/rillas of £754 ; the Brighton, of £2,421 ; the
of £3,174 ; the South-Eastern, of
La'lo ; the Great Northern, of £3,983 ; the
ancasbire and Yorkshire, of £1,549 ; the Bristol
ttiscl Exeter, of £298 ; the North-Eastern, of
x3,d0'310 ; the Manchester, Sheffield, and Lincoln, of
the Great Eastern, of £1,497 ; and on the
eAnn, Chatham, and Dover, of £2,281.
Colonial Meeting has been held of the Port Phillip and
pro Gold Mining Company. The resolution
;trPosed for making a further distribution of is.
4131 share, on account of the tenth dividend, pay-
tea° ell the Ist proximo, was carried, and also a
tliq°lllti°ll empowering the directors to make further
ributions when they have sufficient funds in
caull.(l out of realised profits, without the formality of
)101clg an extraordinary general meeting of share-
sdiatel to confirm. the same. After payment of the
xi,,ribution declared it leaves £3,435 as against
diet 68. 1 carried forward on declaration of previous

414 decline of 1 per cent. has taken Two
place in the
Riaarket for Consols, which are now 944 1 for money
e
b 'plthe 7th November, and 941 1 for the Decem-
h; "commt. It has been stated that the Italians
bee crossed ;the frontier, but as this news has
to be contradicted, truthfully or otherwise, remains
apse aeon, the effect has been of limited import-
It 7: Nevertheless the funds are flatter, and also
adan Securities.
nii4l/ New Threes were 921 21; Reduced An-
at ; Bank Stock, 247 246 ; India ditto,
;43 4el; ditto
5 per Cents., 1141 14 131 ; ditto En-
e'
"11; ditto Bonds, 60s. to 645. prem.
thA l'erY limited business has been transacted in
ore' Fort
department. Italian show a decline
44i; and Turkish 5 per cents., 1, the prices being
1
ells,', and 311 / respectfully. Greek are un-
?,
eive Red
‘ at 121 ;Mexican at 141 151 ;and Spanish
s.
Valle at 181 19 ; but the Certificates have ad-
/I ecl i) to 16/
his.,4,,illess in the Railway Share Market has re.;
f„1-e'' very inactive, and prices generally exhibit
krtner decline. Metropolitan have receded 11;
Sopilli.°ll) North-Western, and Midland, each / ;
QZ-Eastern, 1 ; and Caledonian and London,
Th'natn, and Dover, each 1.
sarit'3; l'creigil and Colonial lines exhibit a little
tikp.,J3n. South Austrian and Lombarde-Vene-
gi 're dealt in at 141 1; Great Luxembourg, at
l'atireat Western of Canada are steady 161 1 ;
sold Cri(lian, at 1101 ; and Great Indian Penin-
lave improved to 1081 1-
tillericati Securities generally are improved.
united States 5-20 Bonds are 1 better, at 691 701
Ile Shares
I, at 461 471 ; and Illinois 1, at 80 81.
(10,1414 Shares remain very quiet. London and
4n3t4tl have improved to 511 55 ; and Union of
tionci°r4lis, to 491 ; Chartered Mercantile of India,
\Vest, and China are marked 271 ; London and
Aritiea,lll
instra, 711 ; and Standard of British South
4.
.sztet: --eons and Finance Shares remain very
kard:vo, with scarcely
rice any change to report as re-
-171 Ps. Anglo-American Telegraph are at
(le J.6' Credit Foncier of England at 21 1, Rio
k.;„
,neiro Improvements at 19/, and Viceroy of
itjlitiii\Lirtgage Loan at 721.

MINING MARKET.

-------•
There b THURSDAY, TWO P.M.
Lag been a fair demand to-day for Gren-