The Sun.
London, England, 1866-08-09 00:00:00

ONEy MARKET

AND
COMMERCIAL INTELLIGE 'ICE.

OCLOCK.
The Directors of the Bank of TWELVE
England' have jllBl
held their weekly court, and have not made any
alteration in the minimum rate for discount accom-
_hiodation. Some of the speculators at the Stock
•I':.xchange contrived
ate yesterday afternoon to circu-
1, a report that a deputation from the joint-stock
banks would wait upon the Chancellor of the Ex-
?hequer, urging
upon him the necessity for allow-
ing a reduction from 10 per cent. to be made by
the Bank of England, and the continuance of the
Government letter intact. The rumour had the
desired effect of causing a recovery in Consols, but
It is needless to state that there was no foundation
for it. The Position of the Bank is too weak to
admit of any reduction in the charge for nego-
ciating bills ; and there is no doubt that while the
Present high value of money is burdensome to the
maiority of the commercial community its opera-
tionh
tio n has been beneficial by excluding from circula-
a large amount of comparatively valueless paper.
e demand for assistance to-day continues rather
active, and 9
and 10 per cent are the lowest
quotations in the open market.
The official Liquidator of the Bank of London
has issued n notice announcing a first dividend
of Os. Bd. in the pound, which it is thought will be
paid on the 27th and 28th inst.
A. telegram has been received from the general
manager of the Panama, New Zealand, and Aus-
tralian
Royal Company, relative to the Panama
route to New Zealand and Australia, stating that
the second vessel for Panama, the Ruahine, was to
Sail from Sydney on the 15th, and from Wellington
°II the 24th July, the mails by which will be due
at Southampton the 13th September; and that the
colonial authorities had finally decided to adopt the
dates named in the printed time tables, in order
that the mails may arrive in this country at the end
of the month, instead of coincidently with those via
Suez,
as will be the case during the first two months.
Gold to the amount of £15,000 was taken to the
Bank of England yesterday, and 170,000 sovereigns
Were withdrawn for shipment to Brazil.
The Land Securities Company have issued a re-
port to be presented to the shareholders on the 15th
instant. The document states that there is an avail-
able balance of only £5OB, in consequence of the
high rates of discount, which have prevented the
issue of the mortgage debentures, upon which the
business of the company mainly depends. A pro-
position has been made for taking over the business
of the Lands Improvement C;Anpany.
A. deputation of Venezuelan bondholders, con-
sisting of Mr. Thome,-d Baring, M.P., and the mem-
bers of the ComiLlittee, had an interview with Lord
Stanley at f.'ne Foreign-office, on Monday last, and
• were 'gratified to receive from his lordship the as-
kltrance of his sympathy with the bondholders, and
of his wish to use his influence to bring to a satis-
factory issue the negotiations now pending between
the British and Venezuelan Governments respecting
the rights of the British bondholders. His lordship
expressed the opinion that the re-establishment of
• the credit of Venezuela would be highly beneficial,
to her own interests, and would tend to increase
our commercial relations with that country.
The last week's railway receipts, ascertained up
to this day, are in round figures as under
1866. 1865.
Great Wester
nn 82,128 75,990
h 135,954 131,121
Solnth Western
trighton
Midland 32,234 29,326
South Eastern 53,590 52,336
Great Northern
42,393 40,302
cas
48,866 45,360
b.st ter and Yorkshire
Eastern
lftn 01 aud Exeter 8,040 7,916
North
73,801 74,004
.
110 a ester Sheffield, and Lincoln 20.611 20,891
Great t •
8 8111
"uon and Chatham and Dover 14,708 14,,631
• These returns, when compared with those of the
corresponding period of last year, with one or two
e_xeeptions, are of a favourable character. • On the
Western there is an increase of £6,138, on the
North-Western of £4,833, on the South-Western
lof on the Brighton of £2,908, on the Mid-
sallg of £1,254, on the Great Northern of £2,091,
• I_o_iristol
._ll the Lancashire and Yorkshire of £3,506, on the
Chathana,
and Exeter of £124, and on the London,
E
-r-astern of
and Dover of £74 ; while the South-
,,astern shows a decrease of Y. 1,117, the North-
£2o3, the ancher, ld, an
Lincoln of £250, and theM ste
Great EasternSheffi ofe Z1,408d.

According to days thßeuter's telegram Two O'CLOCK.
from Paris to-
rench Rentes were 68f. 60c. Rather
lineaaineBB:
The various department of the Stock-Exchange