The Sun.
London, England, 1866-10-10 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

The Money Market continues to_ show increased
quietude, arising principally from the idea that
lower rates must soon prevail, as the difference on
the side of supply to that of demand is excessive.
The brokers are waiting to learn the result of the
weekly Court of Bank Directors to-morrow, but
should no alteration be made in the official mini-
mum, it is not thought likely that the rate in the
open market can be long kept at its present figure.
The quotation now for the negotiation of the best
paper ranges from 4k per cent., which is about
per cent. lower than the official rate.

The Stock Exchange markets present a rather
depressed aspect, consequent upon the want of con-
fidence felt with respect to railway enterprise. The
disclosures in the report of the committee of inves-
tigation of the London, Chatham, and Dover Com-
pany, and the intimation made at the meeting of
the Great Eastern Railway that some three or four
million would be required to complete the exten-
sions, have occasioned great distrust in the mind of
the public. The Funds remain steady., and Consols
are 89* a for money, and 89* for the account; but
all descriptions of shares are lower.
Application has been made to the Vice-Chancellor
Stuart in the matter of the Albion Bank for time
to answer a bill filed by a contributory to set aside
a call, the first portion of which is about to be paid,
and three weeks were given.
In the matter of the Asiatic Banking Company
permission has been granted to appoint Mr. Fredk.
William Lawrence, acting manager of the com-
pany, and Mr. Turquand, accountant, provisional
liquidators.

Gold amounting to £34,000 was taken to the
Bank of England yesterday afternoon.

Two o'CLocK.

According to Reuter's telegram from Paris, to-
day, the French Rentes were 68f. 90c. Very flat.
In the English Stock Market quotations have
generally been well sustained, and this is the only
department where the public appear to have im-
plicit confidence. All other descriptions of securi-
ties, especially railway and finance, are for the
moment in disfavour, and prices are generally lower.
Consols continue at 894 a for money, and at 891 f
for the account. The New Threes are 87 1, and the
Reduced Annuities, 87 ; Exchequer Bills, par to 3s.
prem. ; India 5 per Cents., 104+ 105 ; and do. En-
faced 5 per Cents., 101.
Most of the principal Foreign Stocks exhibit an
average decline of per cent. Turkish 5 per Cents.
are 281 I; Spanish:Passive, 2111; Certificates, 14+ ;
Italian 54; 55 ; Mexican, 154 16; and Greek, 14f I.
American Securities are rather buoyant. United
States 5-20 Bonds are 711 1 ; Erie Shares 474
481; and Illinois 78 79. Atlantic and Great
Western Railway Debentures are steady at 641 651,
and the Consolidated Mortgage Bonds at 44 46.
Business in the Railway Share Market has re-
mained rather quiet, but in a few instances prices
have shown some rather important changes. Great
Eastern have declined £llos., and Great Western,
Midland, and South Eastern each ss. ; while Lon-
don, Chatham, and Dover have advanced 10s., and
Great Northern, do. A Stock, and North Western,
each 55., and Brighton, 108.
In the Foreign and Colonial undertakings there
has been little variation. Bahia and San Francisco
are dealt in at 121, being a shade flatter, and South
Austrian and Lombardo-Venetian are at 161 ;
East Indian are marked 103 ; and Great Indian
Peninsula have declined to 1061 i•
Bank and Miscellaneous Shares are in very
limited demand, but generally show more firmness.
Chartered Mercantile of India, London, and China
have declined to 36 ; London and Westminster im-
at Proved 1 to 92 1 ; Oriental Bank Corporation are
T 8 ele
and Alliance at 194. Anglo-American
graph have declined to 161 ; Atlantic Telegraph
per Cents., paid up, to 105 108 ; Credit Foncier
of England remain at 3i 4; General Credit, at 311 ;
rational Discount Company, at 131; and Tele-
graph Construction and Maintenance, at 161.
remarks are from Messrs. Layton
and following
Co.'s tea circular : ‘, The tea market has re-
covered in some degree from the depression which
prevailed at the date of our last report ; yet the
amount of business transacted privately has been
comparatively moderate in extent, and, excepting
Kaisow, and common blackish-leaf Congous,
I..rrnich the trade and exporters have bought more
leely, the attention of buyers has been chiefly at-
tracted to the large quantities in public sale, where
most descriptions of black tea have met with a
slightly with a
improved demand at prices previously cur-
rent.'s

MINING MARKET.
WEDNESDAY, Two o'Clock.
tion
The Mining Market is still very quiet, but quota-
s are firm. Annexed are the latest prices :
Gold 3 Carn Catnborne 20s 255, Chiverton Moor 5 5,i, Chontales
} Clifford Amalgamated 7} 81, East Basset 20 22,
10a
East Caradon, 6 6, East Gunnis Lake and. South Bedford
GreEast Lovell 9 91, East Russell 3 31, East Wheal
nville 2i Frontino and Bolivia Gold 9s 10s, Great
Wheal Vor 20 21, Mark() Valley 41 I, North Croft 17s 6d
228 6d, NorthTreskeby 21 3, Prince of Wales 23s 255, Tin-
roft 7 9, West Caradon 1315, West Chiverton 58 60, Wheal
tiller 21 26, Wheal Grenville 22s 6d 25; Wheal Satan
1571 162.

BRITISH FUNDS—CLOSING PRICES
. GOVERNMENT FUNDS.
0 Der Cent. Consols .. . 8
891 9 1
. Do, Account, Nov. 8
......... B7
.......
it 6 1
per Cent. Reduced ..............
87
3 per Cent
Newew 21 per Cent. Jan.
11887934
Annuities, 30 yrs, expire
esth Jan.,April,lBBs„.
Do. for 30 yrs, exepxli. •
Do (Red Sea
£l,OOO 3)&
Aug., 1908 —
Exchequer Bills, 41,000,3 & 4 per Cent 33 pm
£5OO r
dm.
Do.
3 pin
Do ' £lOO and £2OO Bank of England Stock, 4 per Cent..., , 2421 xd
DO Account
bit./Ax GOVERNMENT SECURITIES.
0
ludian Stock, 101 per Cent., 1)
Do
• Account
Do. 5 per Cent. July, 1870
„,,
Ce. 4 per Cent., Oct. 1888
ii.;o ertificates
,0. Enlaced Paper 4 per Cent
101
'"°. 5 per Cent., Jan. 1872
D° fii per Cet" May 1879 _
102 1
9,°. 04., 5 per Cent., Aug. 1873
O. Ronds,4 per Cent., £l,OOO
pm
1)0•11ud 1,000
i PORerEIGN FUNDS—CLOSING PRICES.
'l•Rentine Republic, 6 per Cent., £ls.pd — pm
Austrian Bonds, 5 per Cent, 1859
trazilian 5 per Cent
D° 4i. per Cent., 1852-58-60
186362
Do.
, Do,
1865 —
Do A.ccount ... .
Do. 4100 Bonds
-
dis
Do. Scrip, £65 paid
011e110, Ayres 6 per Cent —
b.r.,0 4100 Bonds . .
04i1i"3 1 Per Cent (Deferred 3 per Con )
.....
a 4 6 Per Cent
P,°. 44 per Cent . .
, be'-'c'• 6 per Cent A: 3a
pm
ScriP, 475 paid
o I'o etnbian 6 per Cent.
I)aPiuba., 6 per Cent.
sh 3 per Cent., i.B2i
E
b"°. 5 per Cent., 1864 ...................... .
'llllbian Principalities
0
Do'tao. Ace,ourit
.......
dor 'stew Consolidated, 1 per Cent —
Def Provisional Land Warrant
erred -i
138:3'13tian 7 per dent 8
.1,.,)(:)., Second Issue
'Jo 4100 Bonds
Do
80f
1)0 £lOO Bonds
... 1861
801 1/
.................. t
ros
._,. _
Greek Do. Government Railway Deben u • dut
DO. 480 .
A Paid ........ .... ................
Do;
- Per Cents 1824-5, ex Coupone
Ts°. Account "
-..0. Coupons
'Jo. Account ... :
•*llO-tere.ala 5 per bent. .
Italian 5 per Cent 1865: ...
Do. Account
,::• . :
681
, be. Marenuan .... way "l•exlcan 3 Cent
LlO per
............
• 4eemmt .... .
~.
De
Ili• 144 .. .. ....... .
~ -0 6 per Cent. A.nglo-French —
‘..aeutevidean 6 per Cent.
tl°erish Imperial 5 per Cent
'4°Nr Granad .
...................
Do.-ue 2 per Cent
Deferred .. . • .. ..•„•• .. -
.--
,be Land Warra:nts (nectares)
PL ertrviiin 5 per Cent., 1865 ..................
e t)°
4ce°llrit ....- . .... .
?rtugnese 3 per.Cent ...... .... ... .
-1 3 Per Cent., 1856, '7, '9, '6O, '62, '3,
It•Q•4c001103 .o ......... mos, ......... tioi 43