The Sun.
London, England, 1867-11-07 00:00:00

MONEY MARKET,

AND

;OMAIERCIAL NTEL Ls ((i cNt.k,

TWELVE O'CLOCK.

At the weekly court of the directors of the Bank
of England this morning no alteration was made in
the minimum rate of discount, which still remains
at 2 per cent.
In the general discount market there continues to
be a very limited inquiry, the rates current ranging
from 1 to I f per cent.
The City of London bas brought out the sum of
£1,500.
Telegrams received at Lloyd's this morning,
dated St. Thome, 29th October, stxta that there
has been a fearful hurricane, which has destroyed
the town, and that five steamers and fifty vessels
have been wrecked. Two of the Royal Mail
steamers are lost, and two disabled. All the ships
which had sailed returned. Fever subsided.

It has been announced by the directors of the
Itoyal Mail Steam Packet Company that they have
issued instructions that the Atlantic vessels are to
coal and to effect the transfers off Water Island,
instead of entering St. Thomas harbour, and it, is
proposed also that the Atlantic ships 011%11 extend
their voyages to Colon, whereby passengers, &c.,
will be conveyed through from Southampton to the
Isthmus of Panama without transfer.
A settling day has been arranged by the dealers
On the Stock Exchange in the New Spanish Three
per Cent. Stock for the 15th instant. This is irre-
spective of the Committee, by whom this proceed-
ing is not recognised.
At a meeting held to-day of the London and
South African Bank the report and accounts for the
Six months ending 30th June, 1867, were submitted.
The dividend of Bs. per share was paid on the 2d
instant. The net profits amounted to £14,082, out
of which the directors decided to make a payment of
Bs. per share in anticipation of the yearly dividend,
after carrying 4,000 to the amount held against
losses on past due bills, and the balance to next
account.

Messrs. Baring, Brothers, have given notice that
the New Spanish Three per Cent. Bonds are ready
to be exchanged for the receipts given for Passive
Bondi sent in for conversion. At the same time a
deputation of the dissentient bondholders, who re-
fused to convert, have had an interview with Lord
Stanley on the subject.

Atlantic and Great Western Railway Debentures
have declined -I, to 25 26, but the Consolidated
Mortgage Bonds have advanced I, to 20 21.

At Darlington, yesterday, about 500 men were
Paid off at the Darlington Iron Company's Works,
belonging to Mr. Barningham. About a fort-
night ago notices were posted at the works in-
timating that the greater portion of the works,
which consist chiefly of rolling mills, would
be stopped in a fortnight, and on Saturday the
greater part of the fires were put out, and
a large number of rollers, puddlers, and hammer-
Men left, being informed they would be paid the
Week's wages, which is always held back, yes-
terday. He is stated to have asserted that it was
his belief that he could keep the mills going during
the winter if a reduction in the rate of wages were
Made—that this would enable him to take orders
which were in the market. This reduction is va-
riously stated at from 10 to 25 per cent. Mr. Bar-
ningham is understood to have offered to rollers 10s.
per day, hammermen Bs. 6d., and puddlers 6s. These
amounts have been refused by the men, although
it is believed they would not object to some small
reduction. Whether any arrangement will be made
is at present uncertain.

The last week's railway receipts, ascertained up
to this day, are in round figures as under :

Great Western •••
North Western •••
South Western •••
Brighton ... .. •
Midland "'
South Eastern •••
Oro-

1867. 1866.
... 75,103 72,330
—127,686 122,693
... 24,434 24,163
24,855 23,159
57,679 b 3,569
... 26,394 25,007

-treat Northern ... ... 46004 41928
Lancashire and Yorkshire... ... 44,,074 43,,072
Bristol and Exeter... ... 7,055 6,696
North Eastern *** 78,531 73,526
Manchester, Sheffield, and Lincoln 22,145 21,805
Great Eastern 37,304 89,397
London, Chatham, and Dover ... 11,515 10,275
North British ... ... 27,299 26,441
Metropolitan... ... 4,364 4,056
Great Southern and Western of Ireland... 9,945 10,005
Midland and Great Western of Ireland 5,779 5,984
41aggow and South Western 11,314 10,738
These returns, when compared with those of the
corresponding period of last year, show some very
favourable results. On the Great Western there
ja an increase of £2,773 ; on the North-Western,
Of £4,993 ; the South-Western, of £271 ; on the
)3righton, of £1,696; on the Midland, of £4,170;
ell the South-Eastern, of £1,387 ; on the Great Nor-
thWero, of x 2,932 ; on the Lancashire and York-
ire, of £1,002 ; on the Bristot and Exeter, of
; on the North-Eastern, of £5,005 ; on the
lanchester, Sheffield, and Lincoln, of £340 ; on
the London, Chatham, and Dover, of £240 ; and
°II the North British, of £B5B ; while the Great
Eastern shows a decrease of £2,093.
The Imperial Ottoman Bank at Constantinople
have issued the following financial statement for
the month ending 30th September. It is satisfac-
tory to observe that these returns are now made up
and published with an absence of delay which
greatly enhances their value as an index of the posi-
tion of the Bank :-...

SSETS.
P. 226
Capital not called up „
A ,803,325
_ _ -
C; at Constantin )1e...

_ a,ala jOh- —nople
.. 21,350,.
143 3
iln the Branches
Bills discounted and other securities 278,017,180 34
Current and drawing accounts of the Ira-
Perial Treasury debtors
Current and drawing accounts—debtors 88,566,811 14
A aderanud 33
ceisseon public securities and mar-
t
.. ,472,613 30
tik premises and furniture 2,131,044 32
43114 dries 3,525,473 18

P. 696,461,377 29
eaPjfal LIABILITIES.
P. 445,500,000
13aak notes in circa- 1 at Constantinople 3,800
13i11
lation fin the Branches... 4,839,450
8 Payable
Current and drawing accounts of the Im-
ID Perial Treasury Croditors 74,202,920 29
bill Wing and sued teams
74,636,741 8
Raverand fixed terms 10,562,700 28
•lit)sra
flre
8,805,812 29
nu:lends payable ..• 597,288
.ticirie,
20,085,904 5

P
°shifted as agreeing with the accounts, .626,461,377 29
E. GILBERTSON, Assistant Director-General.
DETEIUX, General Secretary.
With regard to these securities Messrs. E. F.
'atterthwaite and Co. state as follows :—American
securities in the London market have shown some
it
Octuations during the past week, influenced partly
(4.European politics, and partly by the lower rate
gold and exchange reported by telegraph from
litev? 'York. The result of the week's operations
mews an improvement in United States Govern-
-0,44 Bends of nearly one per cent., 5-20's of 1862
111°;4ing 701 to and of the 1865 issue 691 to I.
14:44 Central Shares and Currency Bonds, regu-
Ilit'lYjaZing dividends or interest, and such as
hal„118 per Cents., and Detroit and Milwaukee,
deli been in request, as with a possible further
,l4e in gold they will naturally enhance in
co—Ile, while such stocks as Erie Shares, which have
itTarativel a speculative value, will be less
4ffeeted. Y
The
held biddings for £lOO,OOO in bills on India were
at the Bank of England yesterday. 'fhe
pia
nunta allotted were to Calcutta £83,000, and to
berraB £17,000. The minimum price was fixed as
der°re, at is• llid. on Calcutta and Madras. Ten-
cc P Calcutth and Madras at ls. Hid. will re-
vilie,about 85 per cent., and those above that price
We ne allotted in full. No tenders on Bombay
44_7 invited. These results show, if anything, a
tarariet de
to the Eastecline in the demand for means of re-
t.

In the Two O'CLOCK.
English Stock Market there is not much
4titnforati
and prices show little change. Consols
money and account are at 941 1 ; and for the
eer ember account, 93k, less the dividend.
92,-Che New Threes and Reduced Annuities are
2,! 3 ; New 21 per Cents., 77 ; Bank Stock, 247
ditto India ditto, 221 ; ditto 5 per Cents., 1141 ;
e t°4 Per Cents , 1001; and ditto Enlaced 5 per
eots., 104 1.
More esa jam been transacted in th 9 FctrOign