The Sun.
London, England, 1866-10-24 00:00:00

rIONE/ MARKET

AND

COMMEROTILL INTELLIGEZME,

TWELVE O'CLOCK.

The commercial public are anxiously awaiting
the result of the weekly Bank of England Court
tomorrow. If the authorities are desirous of secur-
ing a larger amount of discount business than they
have been enabled to attract to their establishment
during the past week they will undiubtedly reduce
.the minimum 4per cent. The reserve of gold must
have Leen immensely increased by recent arrivals
from Australia and America, and the other securi-
ties have been considerably reduced. To-day the
demand for accommodation is very tight, and while
4 Per cent. remains the general quotation for first-
,class bills, in exceptional cases 3i and 3:1 per cent.
are the rates for the best short-dated bankers' ac-
ceptances.

Since the publication of the Gazette return the
receipts of gold at the bullion office of the Bank
have been £376,000 (inclusive of the large amount
taken there yesterday, viz., £280,000), and the
withdrawals have represented £105,000.
The directors of the Standard Bank of British
South Africa have issued their: half- yearly report.
The statement shows an available total of £16,102
and recommends an interim dividend of 10s. per
share on those of £25 paid, and 4s. per share
on those of 110.
Continued firmness in prices of Stock Exchange
securities is noticeable, and a further fractional rise
has taken place this morning in most descriptions
of foreign bonds. The English Funds are being
steadily maintained at former values, and Consols
are 891 for money, and 89} 1 for the account.
American securities denote heaviness, but the de-
preciation in values is not important.
An influx of £280,000, including £50,000 from
the Continent, took place yesterday afternoon at
the Bank of England. At the same time there was
a withdrawal of 40,000 sovereigns for shipment to
Alexandria.
Advises received this morning from Manchester
state that the market for shipping yarns has been
exceedingly quiet, and to effect sales spinners have
had to accept reduced rates. Cloths have also been
very depressed, as all the principal buyers for the
Indian markets have ceased their operations for the
Present. In the various cloth halls of Leeds a mo-
derate amount of business has been recorded in
seasonable goods ; manufacturers, however, are now
busy with preparations for the spring trade.
The Bank of New Zealand has given notice that
they are prepared to receive subscriptions for the
fourth instalment (amounting to £100,000) of the
New Zealand Government 6 per Cent. Loan of
£3,000,000. The bonds will be issued in sums of
£lOO, £200; £5OO, and £l,OOO each, at the price of
£92 ss. for every £lOO. The proceeds of this loan
ill be temporally applied to the settlement of the
Waikato district, under an arrangement between
the general Government of New Zealand and the
Provincial Government of Auckland. Applications
Will be received till 1 p.m. on Wednesday, the 31st
inst., at the Bank of New Zealand, 50, Old Broad-
Street. The brokers are 'Messrs. Steer, Cuerton, and
Lawford.

Two O'CLOCK.
According to Reuter's telegram from Paris to-day
the French Rentes were 68f. 95c.
No further change.in prices of English Government
84)6'4 can be reported. All the markets are firm,
notwithstanding the comparatively small business in
Pr°greas. The public are not operating very ex-
tensively, nor are speculators, but there is more
c)llfidence, and quotations are therefore more stable.
Consols are 891 1 for money, and 891 1 for the
account. The New Three per Cents. remain firm at
874 8 2 ; and the Reduced Annuities are 871 k
'lank Stock continues at 214 ; and Exchequer Bills
tare marked 4s. prem. The 5 per Cents. Indian
.1:,a11) due 1870, remain at 106/ ; and 51 per Cent.
z‘efaced paper at 107.
; An average improvement of / per cent. is shown
the prices for Foreign Stocks. Turkish 5 per
k,ents. are 291 1 ; Mexican, 151 16 ; Greek, 144 ;
Italian
Passive, 221 ; Certificates 14* ; and
'talian, 551 56. American Securities are flat.
United States 5-20 Bonds have receded 1, to 681
Erie shares 1, to 501 4 ; Illinois remains at
78 i• Atlantic and Great Western Debentures are
r°a4ly.at 651 661 ; and the Consolidated Mortgage
114, at 41 411 ex coupon.
The business reported in Foreign Stocks has been
48 follows :-....Brazilian 48 per Cents., 1863, 611 ;
ditto 5 per Cents., 1865, 69 6881; Chili= 3 per
; Egyptian 7 per Cents. second issue £lOO
°nu; 86 ; ditto 1864, £lOO Bonds, 821 ; ditto Go-
vernment Railway Debentures, 81; Greek Bonds,
14i ; Italian 5 per Cents., 1861, 53/ 56 ; ditto
70 : Mexican Stock, 15/ ; ditto 1864, 112 ;
c New Granada 2 per Cents., 331 ; Portuguese 3 per
ceata., 431 i Russian per Cents., 551 ; ditto 5 per
erlts, 1861, 91f ; Sardinian Bonds, 69 ; Spanish
uertficate, 14 ; Turkish 6 per Cents., 1862, 551 ;
ditto £lOO Bonds, 551 ; ditto 4 per Cent. Guaran-
teed, n,,.1 ;
and Venezuela 6 per Cents., 1864, 28.
prevailed, prices
In the Railway Share Market more activity has
generally showing an upward ten-
,etleY• North Western have improved / ; Great
sipstern and Lancashire and Yorkshire, each * ;
tdland, 4 ; and North British, 11 ; while Great
cWestern have receded 1, South Eastern, 1 ; Man-
ester) Sheffield, and Lincoln, 1 ; and Great
Northern, 1.
The Foreign and Colonial lines are quiet. Ant-
Nizerp
and Rotterdam are dealt in at 81 ; and San
!:alllO at 131 ; Bombay and Baroda at 100/ 101-; ;
•cast Indian have improved to 1031 ; Scinde to 99 ;
and Punjaub to 988.
Miscellaneous and Finance Shares are dull. At-
i.antie Telegraph 8 per Cents. fully paid have
unproved to 97/ ; National Discount Co. at 14 ;
and Credit Foncier of England at 31.
, Bank Shares continue very inactive, and exhibit
little change of importance as regards prices. Alli-
ance are dealt in at 18/ 1 ; Consolidated at 41 51 ;
and London and County at 61.

MINING MARKET.
WEDNESDAY, Two o'clock.
There has been an active demand for Prince of
Wales, Great Retallack, North Treskerby, Great
Vor, and East Bassett. Annexed are the latest
prices :

Cam Camborne, 21s 23s Od ; Chiverton Moor, 41 5;
Chontales Gold, 2} ; Clifford Amalgamated, 771 ; East
Basset, 229 25 ; East Caradon, 51 4 ; East Cam Brea, 0 ;
East Lovell, 11 12 ; East Wheal Grenville, 1} 2i; Froutino
and Bolivia Gold, 7s 8s; Great Laxey, 18 19 ; Great
Retallack, 12s 6d 15s ; Great Wheal Vor, 181 19 ; North
Crofty, 1 11; North Treskeby, 41; Prince of Wales, 26s
6d 28s 6d; South Condurrow, 12s 6d 15s; South Darren,
11 2 ; West Caradon, 17 18 ; West Chiverton, 57} 60;
West Seton, 130 135 ; Wheal Buller, 20 22; Wheal
Chiverton, 4} I; Wheal Crebor, 12s 6d 15s ; Wheal Gren-
ville, 22s 6d 255; Wheal Seton, 140 150.

BRITISH FUNDS—ONE O'CLOCK.
GOVERNMENT FUNDS.
6 Per Cent. Consols
New Do. Account, Nov. 8 B9l
Cent. Reduced 571 1 1
~„. per Cent B7t 1 1
New 3 per Cent. Jan. 1894 —
"°• 6 per Cent. Aire3 —
Annuities, 30 yrs, exp sth Jan., 1880
Do.
ii, Dfor 30 yrs, expire sth AprillBBs —
oe Red Sea Telegraph), Aug., 1908 —
'quer Bills, £1,000,3 & 4 per Cent 4 pm
Do.
£5OO
Do
£lOO and £2OO
['al:lk of England Stock, 55 per Cent 244
Do Account
, INDIAN GOVERNMENT SECURITIES.
Dens`lliatock, 105 per Cent., April 1874...
. per Cent. July, 1870
',,..!0. 4 per Cent., Oct. 1888
D. Certificates —
Do. Enfaced Paper 4 per Cent
U°. 5 per Cent., Jan. 1872
°. 54 per Cent.. May 1879 lO7
uo. Deb., 5 per Cent., Ang. 1873
Do. Bonds,*£lp,oe
00 —r Cent., £l,OOO pm
Do. under
FOREIGN FUNDS—ONE O'CLOCK.
44,gsell.t.ine Republic, 6 per Cont., £l5 pd — pm
trian Bonds, 5 per Cent, 1859
Brazilian
Ai°. 44 per Cent., 1852-58-60
Do.
D 0.1863
Do Account 1865 —
69 85 5
Do. .£lOO Bonds
Do P
dis
gne • 'Joni), £65 paid
„nos Ayres 6 per Cent
'uo• Account