The Sun.
London, England, 1866-11-10 00:00:00

NONEY MARKET

AND
COMME RC lAL INTELLIGENCE,

TWELVE O'CLOCK.
In the discount market to-day the demand has
been very moderate, and there has been abundance
of capital.
The sum of £2,000 was taken to the Bank of
England yesterday.
The drafts of Messrs. Dent and Co., of China,
which have just been refused acceptance, it is stated,
amount to £30,000.
The Bank of France return exhibits a further re-
duction of
£148,000, and the notes in circulation
have been diminished £480,000. There is an in-
crease in the bills discounted of £360,000, and the
advances on stock, &c., to £44,000. The balance
of the Treasury has been lessened by £60,000, and
the current accounts by £BO,OOO.
The traffic returns of the East Indian Railway for
the Week
ending the 16th September last were
£37,419 111. 4d., and for the corresponding week
in the previous year £28,346 ss. 7d.
The progress of the tea trade during the past fort-
Light is thus described by Messrs. Layton and Co.,
of Mincing-lane : —"ln the tea market during the
Past fortnight dulness has again been the prevailing
feature, and
prices show a general tendency down-
lvarcla) while the declaration of public sales' without
i
teeerve' has prevented any increase of transactions
'3' Private contract ; home buyers adhere to the
policy of keeping stocks within as narrow limits as
possible, and the export demand has not been so
large as to afford any actual relief from the depression
r_eported in our circular of 25th ultimo. Fine new
Atoning and Kaisow Congon has sold to a moderate
extent at relatively steady prices, but the lower and
inferior grades continue much neglected, even at a
further decline in value. Dust and broken-leaf re_
,main without change, but common to fair red and
black-leaf of old import are fully id. per lb. lower.
Scooted teas continue difficult of sale, and new
Fine
Pekoes and Capers are again cheaper.
"Ile Foochow Pekoes have changed hands in
8111411 quantities at from 2s. 2d. to 2s. 7d. per lb.
Quotations for fine green teas are fully maintained,
144 the commoner kinds at auction have gone irre-
gli
alludeslarlY , and often at a reduction. The public sales
to above commenced on the 6th inst., and
are Still in progress—these comprised a total of
'436 packages, of which 48,408 were printed
:
awithout reserve." The sales opened heavily, and,
is far, most descriptions of congou have suffered
?orther depreciation, scented teas of recent import
he Showing a decline of ld. to 2d. per pound.
e arrivals to this port since our last are—Novem-
ber
tat, J. R. Worcester, from Shanghae ; sth, Sir
'a•sbucelot, from Hankow, City of Aberdeen, from
12„allghae, Lennox Castle, from Foo Chow; and
f"u, Tamana, from Foo Chow. The latest dates
Canton
China are—Shanghae 15th, Foo Chow 18th,
•;anton 20th, and Hong Kong 22d September. The
tlticnated stock of tea in the United Kingdom on
836„1at inst. amounted 'to 79,519,0001b5., against
~,,N72,0001b5. last year at the corresponding period.
t,i4e movements of the precious metals during
ra".e Past week have been of a very extensive cha-
eel'. The imports, which have amounted to
Ae.°ll4.t £349,852, have, been chiefly from America and
th"ralia—including £3,589, from New York, by
e a ; £35,540, by the Malta ; £11,380, by
3,4, go ; £60,000, by the City of Washington ;
fro £32,685, by the Scotia. The True Briton,
1,11 Australia, has brought £75,236 ; the Omar
:ha) £56,160 ; the Oneida, from the Brazils,
41;1'414 ; the Ceylon, from Alexandria, £800; and
th,:ll,t, X 23,048 hi silver has been received from
"
t,:,i'erqinent. The exports have been £84,090
_ the
Brazils, by the Douro ; and there have been
raeornittan
ces to the Continent, through private
tire'es, estimated at £152,581. The total amount-
'"g to £236,671.

Two O'CLOCK.
thleteeording to Reuter's telegram from Paris to-day
I,French Rented were 69f. 12c.
herhas been a quiet day in the market for
bn wileh Government Securities, but their value has
Caen Well sustained, and an advance off per cent.
arAs taken place ; the final quotations this afternoon
therefore 89k f for transfer, and tst3f f, less
" dividend, for the account or the 6th proximo.
Thfew bargains have been recorded in the New
I„,4l;eest Reduced Annuities, Exchequer Bills,;and
-"Lan Securities without leading to any material
variation. •
ali°l.eign Stocks have closed with a firmer tone,
i' a fair amount of business has taken place.
kish Fives have risen kto 31k ; Mexican also
b;°, 16!i ; Spanish Passive and the Certificates,
; the former to 211 4 ; and the latter to 13/
t, t• Greek Bonds ara firm, and several transac-
tLons are recorded in Egyptian Securities, especially
e Government Railway Debentures. Some of
theT South American Stocks are attracting more
btention, notwithstanding the war in the neigh-
eurhood of the River Plate.
Atlantic and Great Western Railway Debentures
are steady at 641 65f, and the Consolidated Mort-
gage Bonds at 39 40 ex coupon.
More activity has prevailed in the Railway Share
41arket, and prices generally have an upward ten-
dency. Great Northern, ditto A Stock, London,
Chatham, and Dover,North Western, Midland, and
South-Eastern have each improved 1 ; and Great
.)Vestern, Manchester, Sheffield, and Lincoln, and
'ondon and North Eastern (Berwick), each f.
In the Foreign and Colonial lines there has been
little change of importance. Dutch Rhenish are
marked 19a ; San Paulo, 13i ; Grand Trunk of
Canada, 18i ; East India, 1031 ; and Great Indian
b
eninsula 107.
,Bank Shares have remained at steady rates. Eng-
i",and Swedish are marked 13414 ; London Bank
ga alexico, 11; Anglo-Egyptian, 101 ; Midland
171 ; and Union of London 441 44i.
T:" operations in the Miscellaneous Share Mar-
t" have been on a very limited scale, and with a
1)7 exceptions prices show little change of im-
uttance• Atlantic Telegraph have declined to
N' Willie the 8 per Cent. guaranteed have improved
85.. Credit Foncier of England are at 2/ 3 ;
,oatienal Discount Co., at 141 ; while Telegraph
141
struetion and Maintenance have declined to

0 Win QUARTER-PAST Two.
the gto the closing of some " Bear" accounts,
4 ailwaY market exhibits additional firmness ;
epropolitans have risen to 124 I, and Dovers to
fl ln all departments there is buoyancy at the
—42 and a general rise is anticipated next week.

MINING MARKET.
SATURDAY, Two o'Clock.
dealings have been numerous, and an up-
Rha.:cl movement has been apparent in prices, the
c"res chiefly in demand were Prince of Wales,
ar—vert", East Russell, North Crofty, Bottle Ilill,
eBt Caradon, Seton, and East Caradon. Annexed
nthe current quotations :
C 1,5 Camborne, 24s 263 Od ; Chiverton Moor, 4} f;
ntales Gold, 21 3 ; Clifford Amalgamated, —; East
tae} 46aat' 24 26 ;3 East Caradon, 51 6 ; East Lovell, 11 111;
; East Wheal Grenville, 1 2 ; Great
Great
181 ; Great South Tolgus, lOs Od 15s Od ;
Oroft Iv heal Vor, 16 17 ; Marke Valley, 41 41 ; North
Wale 27s 6d 32s Od ; North Treskeby, 3} 1 ; Prince of
Dar: 268 Gd 28s Gd; South Condurrow, —s s— ; South
H'helt 2 ; West Seton, —; Wheel Basset, —;
Grafi'". Buller, 10 20 ; Wheal Chiverton, 7 71 ; Wheal
narr ine, 178 6d 22s 6d; Wheal Seton, 140 145; Caer-
onshire Consols, —; Tincroft, 81 9.

BRITISH FUNDS—CLOSING
Go
a .EIINNIENT FUNDS. PRICES
T
Der e
89i i i
Do Ont. Consols
8878ii.x d
8 —O. Account, Dec 6 kl:er Cent. Reducod
87
*, 17 3 per Cent
'loll.iftoiere,3o3oyyrsr,s,e:pailp.ho•estshthAJpiainl
Josited Sea Tele-graph), Aug., 1908 —
"117 41 Per Cent. Jan. 1894
XO2l 5 ,"18188850 —l3
k;„ per Cent. Jan. 1873
"se"(l4(ir 131115, £l,OOO, 3& 4
, IN/),.„ ,-.,
.til, —,, krOVERNAIENT SECURITIES. panstock, 10i per Cent., April 1874
per Cent 4 2 pm
106 i
b' 5 Per Cent. July, 1870
D°'
1 per Cent., Oct. 1888
.0* Certilicates
,00. Ilnfaced Paper 4 per Cent —
101 -1,-
t• 6 per Cent., Jan. 1872 Do' 5i Per Cent., May 1879 —
°:h°• Deb., 5 per Cent., Aug. 1873
1,-,' Ronds,4 por Cent., £l,OOO —
"°ll4(ier £l,000