The Sun.
London, England, 1866-10-29 00:00:00

MONEY MARKET

AND
COMMERCIAL IN TELLIGENOE,

TWELVE O'CLOCK.
With a continued abundance of floating capital
at the command of discounters and bankers, and a
comparatively small number of bills on offer, the
money market is showing further symptoms of easi-
ness. Now that the commercial engagements due
at the end of the month have, with a few trivial ex-
ceptions, been liquidated, the demand for accom-
modation is slight, and the public are holding over
as much as possible their bills till after the Bank
Court on Thursday next. The rates for the best
short-dated paper are very easy, ranging from 34per cent. On the Stock Exchange loans are in very
moderate request at 2 and 2} per cent.
The Stock Exchange markets this morning gene-
rally present a steady appearance, and most descrip-
tions of foreign bonds and shares, including
American, are at improved prices. 'The funds, how-
ever, are rather weak, and Consols have receded
per cent., to 891 for money, and to 891 for the
account.

At the bullion office of the Bank of England, on
Saturday afternoon, the influx of gold amounted to
£B,OOO.

The report of the Royal Mail Steam Packet
Company, to be submitted at the forthcoming
general meeting, recommends the payment of a
dividend of £3 per share out of the ordinary profits,
and a bonus of £2 per share from the insurance
fund, free of income tax, for the six months ending
30th June last.

The directors of the Great Indian Peninsula Rail-
way Company in their report just issued recommend
the payment of the following dividends free of in-
come tax, for the six months ending 30th June last,
viz., at the rate of ss. for every £lOO of capital
stock, of 9d. per share on which £l6 is paid, 3d. per
share with £6 paid, and ld. per share with paid.

The payment is announced of the coupons on the
certificates of debentures of the Atlantic and Great
Western Railway, due on the 15th proximo, at the
Consolidated Bank.

The general business of the Port of London last
week continued moderately active. At the Custom
Rouse 266 vessels were reported as having arrived
from foreign ports, and there were two from Ire-
land. The entries outwards comprised 113 vessels,
and those cleared were 111, of which 14 were dis-
patched in ballast. The departures for the Austra-
lian colonies have been six vessels, viz., three to
Sydney, two to New Zealand, and 1 to Hobart
Town, with an aggregate tonnage of 4,721.
The reports from the various manufacturing dis-
tricts for the past week are generally of an unsatis-
factory character. At Manchester heaviness has
been apparent in most departments, and prices of
both cloths and yarns have declined, manufac-
turers and spinners having partially suspended
operations, and operatives are only Working about
four days a week. At Leeds, Bradford, and Hud-
dersfield there has been a very liTnited business en-
tered into, but spring fabrics are in demand. The
hosiery and lace trades at Leicester and Nottingham
have,, remained very
li quiet, while at Birmingham,
effield and Wolverhampton, an uneasy tone has
prevailed in most departments.
„;rhe Shannon, steamer, has arrived from the
'lest Indies with specie to the amount 0f£263,800.
In the Corn Market to-day there was a moderate
amount of business entered into, and prices in most
and Instances
igforeanre well maintained for both home-grown
wheat.
°f There have been large supplies
ailtae latter on offer chiefly from the Baltic. Barley
oats maintain previous prices, while for flour
'inlY former prices are current.

Two O'CLOCK.
thAt.,c6prding to Reuter's telegram from Paris to-day
.r
'reneh Itentes were 69f. firmer.
Con' the English Stock Market there has been a
The le recovery of the fall previously announced.
areepPilnds have improved f per cent., and Consols
for money,
il and 89} 1 for the account. The
liquidation of
gbatisfactorin the fortnightly account is proceedino.
Y 7 and little other but this business is
annuities
negotiated. The New Threes and Reduced
Exchequer
are
L6l xehequer 87i ; do. Annuities, 1885, 13 ;
Bills, 2s. prem. ; India 5 per Cents.,
C ; do. Enfaced 4 per Cents., 84f ; do. 5 per
eints, 101; and do. Bonds, 255. prem.
pre:
North_ —a " ,t,he Railway Share Market a heavy tone has
ed 7 and prices generally are depressed.
western and North-Eastern (Berwick)
have declined each i ; Great Eastern and South-
i\ia'itcrn7 each f ; Metropolitan, 1 ; and Great
change
Foreign
"them
A Stock and North British, each If.
and Colonial lines exhibit little
deall,ge °f importance. Great Luxembourg are
Indja at 121 East Indian, 103; 104 ; Great
Cenitac.ll PeninBnla7 at 106 f ; and Madras 5 per
at 1001
~.43ank Shares are a shade firmer. Imperial Otto-
;II are marked 8i ;
u London and County, 61i ;
tialice Rank, 181 19 ; and Union of London, 45k. ,
yet. usilless in the Miscellaneous market has remained
Ittl0Illiet• National Discount Company are firm
Qe, prem. ; International Financial remain at 31 ;
at 3"eral Credit at 444 ; Credit Foncier of England
aildri; Royal Mail Steam have improved to 107 f ;
Inalii e'egraPh Construction and Maintenance re-
steady at voi.
BYmpathy with Consols many of the principal
part stocks and other securities in the share de-
;,4raents. ent show au improvement. Turkish 5 per
lP advanced fto3o I, Mexican fto 15f , but
tar:/!3 'shPassive declined f to 21f 4 ; the Certificates
; Italian remain at 55f a, and Mexican
°Jew) at 14 12.
American Stocks business has been very limited.
Ushuaited
States 5-20 Bonds remain at 681 i• Erie
other:B have advanced to 50f 51} ; but on the
hand Illinois declined to 77 f. Atlantic
and
Great Western Railway Debentures are 64f
nr,i' and the Consolidated Mortgage Bonds are
40.
he
Board of Trade returns for the nine months,
(.li3g the 30th September, of the trade and navi-
:at'°n of the United Kingdom have been published,
that show the total declared value of the exports for
Period to have been £141,936,898 against
1.07717,377 in the corresponding period of 1865,
panrdt
, ,
showing an increase of £22 219 521. The
in during the same period have also been larger
11; raw cotton productions, tallow, sheep and lambs'
°113,11: Cocoa, wheat, sugar, tea, and wine.
amount-ehiPPing accounts exhibit an increase in the
of tonnage employed in the foreign trade
vard "ing the same period from both the entries in-
coastingand the clearannes outwards, while in the
trade a similar result is also apparent.