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 bo 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 4i 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 89i for money, and 89i 8_ 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 891 for money, and at 891 4.
for the account. The New Threes are 87 and the
Reduced Annuities, 87 ; Exchequer Bills, par to 3s.
prem. ; India 5 per Cents., 1041 105 ; and do. En-
faced 5 per Cents., 101.
Most of the principal Foreign Stocks exhibit an
average decline of 8 per cent. Turkish 5 per Cents.
are 28/ i; Spanish:Passive, 2114; Certificates, 141 ;
Italian 544 55 ; Mexican, 154 16; and Greek, 144.4..
American Securities are rather buoyant. United
States 5-20 Bonds are 714 1 ; Erie Shares 471
484. ; 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 £1 10s., 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, 10s.
In the Foreign and Colonial undertakings there
has been little variation. Bahia and San Francisco
are dealt in at 12/, being a shade flatter, and South
Austrian
and Lonabardo-Venetian are at 164 I ;
East Indian are marked 103 ; and Great Indian
Peninsula have declined to 1061 4.
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-
Prgved 1 to 92 1 ; Oriental Bank Corporation are
at
44, and Alliance at 194. Anglo-American
Telegraph have declined to 161 ; Atlantic Telegraph
8 Per Cents., paid up, to 105 108 ; Credit Foncier
pationd remain at 31, 4; General Credit, at 31,- 1 ;
nal Discount Company, at 134 ; and Tele-
graph Construction and Maintenance, at 168.
The following remarks are from Messrs. Layton
covered in
and Cos tea circular : " The tea market has re-
some degree from the depression which
c
Prevailed at the date of our last report ; yet the
amount of
business transacted privately has been
flew nniparatively moderate in extent, and, excepting
laisow, and common blackish-leaf Congous,
freely
the trade and exporters have bought more
eelY' 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
lightly improved demand at prices previously cur-
rent,')

MINING MARKET.
'WEDNESDAY, Two o'Clock.
tio
The Mining Market is still very quiet, but quota-
us are firm. Annexed are the latest prices
:
Cale Camborne 20s 255, Chiverton Moor 5 51, Chontales
Gold 3} , Clifford Amalgamated 7-1- 81, East Basset 20 22,
East Caradon, 61, East Gunnis Lake and South Bedford
lOs 15; East Lovell 9 91, East Russell 3 31, East Wheal
Grenville 2; Froiatino and Bolivia Gold 9s 10s, Great
Wheal Vor 20 21, Marko Valley q ,North Crofty 17s Gd
22
Gd,
NorthTreskeby 2} 3, Prince of Wales 23s 255, Tin-
-7 9, West Caradon 13 15, West Chiverton 58 GO, Wheal
Buller 24 26, Wheal Grenville 22s Gd 25; Wheal Seton
157 k 162.

BRITISH FUNDS—ONE O'CLOCK.
8 GOVERNMENT FUNDS.
Der Cent. Consols B9l
14
7„ Do. Account, Nov. 8 894
~,per Cent. Reduced !7... 4
.‘,..31v 3 per Cent ...
_..a.z• .•• • .711
&New 21 per Cent. 3 . 1894
Do. 5 por Cent. Jan
.18753 th. . s..z„itvi.o —.....
Annuities 30 yrs, expire
Do. for '3O yrs, expire sht,h, April,ug
Do (Red Sea Telegrap 3 11988085•.2 7 t zelbeocp.ier Bills,
£.£510,0000, 3 5; 4 per Cent 3 pm
3 pm
Do
pang of England£Sltooock,ansdiXpe2l9
LoAccount Cent Lpm
INDIAN GOVERNMENT SECURITIBIES _
Imiaa Stock, 101 per Cent., April
74 Do. Account—
-105 44
120. 5 per Cent. July, 1870
". 4 per Cent Oct. 1888
~
Do. Certificates
_
Do. Enfaced Paper 4 per Cent
101
P,,°.: 5 per Cent., Jan. 1872
`r.;"' 54 Per Cent., May 1879 —
'-'O. Deb., 5 er Cent., Aug. 1873
Do. Bonds,4l3per Cent., £l,OOO —
Pm
I)o.llnder £l,OOO
ronEiGi( FUNDS-075
pOd '.CL2pCmK.
Argetitine Republic, 6 per Cent., £
_
Austrian Bonds, 5 per Cent, 1859
_
Ilrazilian 5 per Cent 00. 41 per Cent 1852-58-60
.1
62
. Do,
1863
, Do.
1865 —
vo Account ........... ,
lio. £lOO Bonds
_ die
BuenosDo. Scrip, .£65 paid
, Ayres 6 per Cent —
-1-',O XlOO Bonds
eh"; ° 1 per Cent. (Deferred 3 per Con )
-'hilial'i 6 per Cent
11"6 °'-no* 4i per Cent,
Per Cent A
Colombia,- ° '01'43, 475 paid .......... ..
~n 6 per Cent.
l'boba 6 per Cent. ,'lB2
-aPish 3 per Cent, 5 •
.....................
b '-'O. 5 per Cent., 1861, .....................
Etreibian Principalities
t.; po' 'ttec°ollt ...
tiador New Consolidated, 1 per Cent —
-1)0, Previsional Land Warrant......., —
4 bo Deferred
_.
°BTtiao 7 per Cent
4j° N., Second Issue
4100 Ponds
7834
Do.
1864
Do .4100 Bonds . .
I)0. Governnent ....... ......... Debentures 791
is
Greek '' 480 paid.
D. , 5 per Cents , 1824-5, ex Coupons
Account . .
4 ~0. Coupons
I;jar,ll:l;ll:seCceP:Culirilett°n:t;
.......18:65: ::: : ::
: ::
: ::
: ::
: 11:
: 16-81
-4Uaternala 5 per 0/3/1
1,-'-'O. kreuanattn”a: .........
111(ieau 3 per Cent
-°
4cec'ut
1,, De,
1861
io-"° 6 per Cent A.gio.-French
montevidean 6 Per Cent. ..... . —
hi. °I.IBII Imperial 5 per Cent
''''',.!, Granada . .
4)0..„'-'0 per Cent -
Deferred
De
P La el
WarrantS (Hectares)
pbrlivian per Cent., 1865
%Account
oz-taguese 3 per Cent, 1853
Do 3 per Cent., 1856, '7, '9, 'GO, '62, '3,
Do. 4
Quxit .............................. ‘e. 434