The Sun.
London, England, 1866-10-20 00:00:00

MONEY MARKET

COMMEROTAL rNTELLIGENCE,

TWELVE O'CLOCK.

The commercial requirements of the public con-
tinue very limited,- while at the same time the money
on offer is abundantly increasing. But notwith-
standing this comparatively small demand for ac-
commodation, and the plentiful supplies of capital
at the command of bankers and brokers, the
idea is entertained that the present value of
money has this year nearly reached its lowest
point. The deficiency of our harvest, and the
limited stock of cotton in the hands of manu-
facturers in this country, have entirely changed
the aspect of affairs. These staples are rising in
value, and large shipments of the precious metals
will beyond doubt have to be made to the sources
Whence these supplies are obtained. Already with-
drawals of gold from the Bank have taken place for
Egypt, and consignments must soon follow in other
directions. Meanwhile the rate of discount con-
tinues easy at 38 to 4 per cent. for the best bills.
.The seventeenth report of the directors of the
Cape Town Railway and Dock Company records
the- continued efficient and safe working of the
railway for the half-year ending 30th June, 1866.
Prom the continued depressed state of all interests
in the colony the traffic has been less than in the
corresponding period of 1865. Within the six
months 179,063 passengers, exclusive of season
ticket-holders, and 13,763 tons of goods have
been carried, as against 215,244 passengers
and 12,112 tons of goods in the corresponding
period of 1865, and that the gross receipts have
been £20,591 against £22,417. The working ex-
penses for the same period, exclusive of the sum of
£1)882 135. 6d. for the renewal of decayed sleepers,
to be passed as beforeto capital account, amount to
£17,066 Bs. 10d., as against £17,889 6s. 7d. for the
corresponding half year. The result shows a
profit of £3,022 2s. 10d. in addition to the amount
paid by Government under the guarantee, leaving a
balance (after payment of debenture interest and
other home charges) of £10,560 is. 4d. available for
dividend. The directors recommend that the sum
of £10,166 shall be appropriated to the payment of
a dividend at the rate of 4 per cent. per annum.
The dividend will be payable on the 29th inst.

There were no Bullion operations of importance
at the Bank yesterday.

The Moravian has arrived from Melbourne with
£189,185 in specie.

The traffic receipts of the East Indian Railway
for the week ending 2d September, 1866, were
£36,473, against £26,638 in the corresponding week
of the previous year.

The specie movement during the past week has
been on an extensive scale, owing to large arrivals
from Australia, and the West Indies, and Pacific.
The imports have amounted to about £1,100,039,
including £3,600 from New York by the Fulton,
£18,431 by the Java, £26,648 by the City of Paris.
•The Reigate, from Australia, has brought £30,000,
the Moravian £143,350, the Massilia £458,574.
The Esther, from Mazathon, has arrived with
£139,000 ; the Tasmanian, from the West Indies
with £195,000. £50,200 in gold has been received
from Portugal, and £39,236 in silver from the con-
tinent. The exports have been £86,875 to the East
Indies and China, by the China, and there have been
remittances to the continent, through private sources,
estimated at £200,860, the latter amounting to
£287,735.

Two O'CLOCK.
The money market for the week has closed very
quietly, and no difficulty has been experienced in
Obtaining accommodation on terms much below the
Minimum of the Bank of England.
According to Reuter's telegram from Paris, to-
daY, the French Rentes were 68f. 77c.
There has been the usual Saturday dullness in the
markets for all descriptions of Stock Exchange pro-
P,,.etY, but they have been very well sustained, and
Consols closed at the prices last current yesterday
afternoon—viz., 894 I for money, and 89} for the
account. n
r-Lhey are therefore f per cent. higher than
Rthey were last Saturday. The New Threes and
educed Annuities are 87f ; Indian 5 per Cents.
51 4, ditto 4 per Cents. 941, and ditto Enfaced 5
Per Cents. 101.
No material alteration has taken place in the
prices of Foreign Stocks. Turkish 5 per Cents.
t.are 28i, 29 ; Mexican, 15} ; Greek, 131 ; Spanish
5 assive, 221 ; the Certificates, 141; and Italian,
R 4,1 551. A merican Securities are steady. United
'leg 5-20 Bonds are 684 69 ; Erie shares, 501 ,
and Illinois, 78 79. Atlantic and Great Western
-uebentures have further advanced f, to 64 65 ;
and the Consolidated Mortgage Bonds are firm at
41 42, ex coupon.
A moderate amount of business bas been transacted
snh the Railway Share Market, and prices generally
itow a further slight improvement. Great Northern
Stock, and Great Western have each advanced
ss. ; North Western and South Eastern, each 10s. ;
and North British, 15s. ; while Midland have de-
clined ss.
The Foreign and Colonial lines.remain at about
Previous rates. Dutch-Rhenish are marked 194 ;
Bahia and San Francisco, 12 ; South Austrian and
Lombardo-Venetian, 164; Grand Trunk of Canada,
19i 20 ; Eastern Bengal, 1001 ; and East Indian,
103.

Bank Shares have been dull, although without
material change in values. Chartered of India,
Australia, and Chinaremain steady at 181 19. Mid-
d have improved to 17 ; Alliance are marked 18k,
Consolidated 5 it; Provincial of Ireland 80, and
Union of Australia 47.
Miscellaneous and Finance Shares are quiet.
Atlantic Telegraph stock, however, has improved
to 52 55, while the 8 per Cents. guaranteed have
declined to 931 ; Credit Foncier of tngland are
steady at 31 ; Hudson's Bay Company at 17 ;
and City of Mexican Gas at 16.

Milian 6 per Cent lOO
Do. 4i per Cent 7ok
'
Do. 6 per Cent A
Do Scrip, .£75 paid — pm
Colombian 6 per Cent. —
luba, 6 per Cent.
Janish 3 per Cent., 1825 —
Do. 5 per Cent., 1864 .
Danubian Principalities
Do. Account
elquador New Consolidated, 1 per Cent —
Do Provisional Land Warrant

Do 'Deferred
i'gyptian 7 per Cent
Do., Second issue B2/
DO £lOO Bonds
Do. 1864 Bll 1
Do £lOO Bonds B2
Do. Government Railway Debentures BOl
Do. £BO paid
G:eek 5 per Cents., 1824-5, ex CouponQ
Do. Account
Do. Coupons

—w(lis

De. Account
G tatemala 5 per Cent.
lttlian 5 per Cent 1865
Do. Account
Do. Maremmana Railway
vlexican 3 per Ceut
Do. Account
Do. 1864
Do 6 per Cent. Anglo-French
sloutevidean 6 per Cent.
Iloorish Imperial 5 per Cent
Nfew Granada
Do 2 per Cent
Do. Deferred
Do Land Warrants (Hectares)
'eruvian 5 per Cent., 1865
Do Account 651
Do 41 per Cent. (Uribarren)
Do 41 per Cent., 1862
Portuguese 3 per Cent., 1853
Do 3 per Cent., 1856, '7, '9, '6O, '62, '3, 43/
Do. Account
aussian 5 per Cent., 1822, .£ St
Do 41 per Cent. 1850
Do 41 per Cent., 1860
Do 3 pet Cent. 1859
Do 5 per Cent. 1862 9l
Do 5 per Cent. 1864
Sardinian 5 per Cent
Do. Account
Spanish 3 per Cent
Do Account
Do New Deferred
Do Account
Do Passive
Do Account 22/ 2
Spanish Cert. of Coup not funded
Do Account 144 14
Swedish 4 per Cent. ..
Do. 41 per Cent. 1864
Turkish 6 per Cent. 1854
Do. Account
Do 6 per Cent. 1858
Do. Account
Do £lOO Bonds
Do 6 per Cent. 1862
Do Account 551
Do £lOO Bonds 56
Do 6 per Cent.,1863
Do 5 per Cent., 1865, paid up Scrip —
Do Account
Do. 4 per Cent. Guaranteed
Venezuela 3 per Cent.
Do Account
Do 6 per Cent., 1862
Do Account
Do. 6 per Cent, 1864 27/
Ditto 11 per Cent.
Dividends on the above payable in London.
Austrian, spr 'Cent., Ex. 10 Florins
13,1gian, 41 per cent., Ex. 25f.
Dutch 24 per Cent. Ex. 12 Gull
Do. 4 per Cent. Certificates .....
French Rentes, 3 per Cent., Ex. 25f. —
!Wins, 5 per Cent. 1851, Ex. 25f.
Do. Account
TWO O'CLOCK.
Consols, Money B9f 1
Do. Account