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

HONEY MARKET

AND
COMMERCIAL INTELTAGENcE,

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 1I per cent.
The City of London has brought out the sum of
£1,500.
Telegrams received at Lloyd's this morning,
dated St. Thomas', 29th October, state that there
has been a fearful hurricane, which has desroyed
the town, and that five steamers and fifty vessels
have been wrecked. Two of the Royal Mail
steamers aro lost, and two disabled. All the ships
Which had sailed returned. Fever subsided.

It has been announced by the directors of the
!loyal 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 shall 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
Bonds 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 to 25 26, but the Consolidated
Mortgage Bonds have advanced f, 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-
bight 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. Ile is stated to have asserted that it was
els belief that he could keep the mills going during
the Winter if a reduction in the rata of wages were
fade—that this would enable him to take orders
Which were in the market. This reduction is va-
!lously stated at from 10 to 25 per cent. Mr. Bar-
illagham is understood to have offered to rollers 10s.
per day, hammermen Bs. 6d., and puddlers Gs. These
mounts have been refused by the men, although
it is believed they would not object to some small
!eduction. Whether any arrangement will be made
le at present uncertain.
The last week's railway receipts, ascertained up
to this day, are in round figures as under

1867. 1866.
Great Western 75,103 72,330
North Western ***
—.127686 122693
south Western 24,434 24,163'
Brighton ***
... 21,85,5 23159
Midland ... 57,69 b 3,569
RowL

A°llth Eastern

26,391 23,007

!eat Northern

... 46,004 41,928

Lancashire and Yorkshire... ... 41,074 43,072
tristol and Exeter . ... 7,055 6,696
North Eastern .. 78531 73,526
Raneheater, Sheffield, and Lincoln .:. 22,145' 21,805
Great Eastern' 37304 39397
London, Chatham, and Doter ... 11,515 10,275
North British ••• ••• ... 27,299 2;,441
4,361 4,056
Great Southern and Western of Ireland... 9,945 10,005
Midland and Great Western of Ireland 5,779 5,984
Glasgow 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
is an increase of £2,773 ; on the North-Western,
°f £4,993 ; the South-Western, of £271 ; on the
Brighton, of £1,696 ; on the Midland, of £4,170;
04 the South-Eastern, of £1,387 ; on the Great Nor-
thern, of £2,932 ; on the Lancashire and York-
,,re, of £1,002 ; on the Bristol and Exeter, of
\',49 ; on the North-Eastern, of 1:5,005 ; on the
'-Lanchester, Sheffield, and Lincoln, of £340 ; on
the London, Chatham, and Dover, of £240 ; and
cltl the North British, of £B5B ; while the Great
z,astern shows a decrease of £2,093.
The Imperial Ottoman Bauk at Constantinople
'lave issued the following financial statement for
the month ending 30th September. It is satisfac-
t°rY to observe that these returns are now madejap
alld published with an absence of delay which
greatly enhances their value as an index of the posi-
-4°4 of the Bank :

ASSETS.
Capital not called up .... P.226,803,325
Cash Sat Constantinople
ti tin the Branches 22,076,940 8
ills discounted and other securities 278,017,180 34
Current and drawing accounts of the Ina-
, Perial Treasury debtors
k,urrent and drawing accounts—debtors 88,566,811 14
4aYances on public securities and mer-
Saeriandise . • 33,472,613 30
nk` remises and furniture 2,131,044 32
._,r e ises
'4(l i 8

P. 69 (;,461,377 29

LIABILITIES.
Il'Pltal P.445,500,000
k 4.,,_
notes in cireu-1 at Constantinople 3,800
dilation latio fin the Branches... 4,839,450
57,226,700 10
n 8 payable
'llrrent and drawing accounts of the Ira-
h PPri.al Treasury—Creditors 74,202,920 29
iiraWing and current accounts—Creditors 74,636,741 8
lie Posit and fixed terms
Si7iprve
'Wends payable 597,288
44dries 20,085,904 5

P. 626,461,377 29
Certified as agreeing with the accounts,
E. GILBERTSON, Assistant Director-General.
DEVEAUX, General Secretary.
„ With regard to these securities Messrs. E. F.
oatterthwaite and Co. state as follows :—American
;iecnrities in the London market have shown some
btletuations during the past week, influenced partly
of European politics, and partly by the lower rate
Old and exchange reported by telegraph from
rork. The result of the week's operations
' "'t an improvement in United States Govern-
jetlt Bonds of nearly one per cent., 5-20's of 1862
11l slag 701 to and of the 1865 issue 69} to
6'111(4 Central Shares and Currency Bonds, regu-
fu.l Paying dividends or interest, and such as
614ja 7 per Cents., and Detroit and Milwaukee,
eve been in request, as with a possible further
vriline in gold they will naturally enhance in
eO-44e, while such stocks as Erie Shares, which have
:31parativelv a speculative value, will be less
4ected.
,he billings for £lOO,OOO in bills on India were
el at the Bank of England yesterday. The
bmounts allotted were to Calcutta £83,000, and to
ildras £17,000. The minimum price was fixed as
ore,de, at is. 11id. on Calcutta and Madras. Ten-
ders and Madras at ls. 11/d. will re-
Ville about 85 per cent., and those above that price
be allotted in full. No tenders on Bombay
4irr,° invited. These results show, if anything, a
eht decline in the demand for means of re-
ance to the East.
`4litt

In the Two O'CLOCK.
English Stock Market there is not much
formation,)lll and prices show little change. Consols
i and account are at 94i ; and for the
ecernber account, 93k, less the dividend.
(I.)The New Threes and Reduced Annuities are
24 3 ; New 22 per Cents., 77 ; Bank Stock, 247
; India ditto, 221 ; ditto 5 per Cents., 114 f ;
ditto 4 per Cents. 100 f ;• and ditto Eufaced 5 per
Cents., 104
business has been transacted in the Foreign