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

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

The Bank of England directors have not deemed
it advisable to make any further alteration in the
rate of discount, which continues at 41 per cent.
This announcement was generally expected, as it
was not considered likely that the authorities would
lower their minimum quotation till after the pay-
ment of the dividends, notwithstanding the consi-
derable enhancement which is supposed to have
taken place in the position of the establishment.
The present rate is moderate, and it will not occa-
sion any inconvenience by its continuance a week
or so longer. The demand to-day is slight, and as
the Lrokers have a plentiful supply of floating capi-
tal at their command the terms for the negociation
of first-class bills are 4 and 4i per cent.
The Stock Exchange markets show no important
alteration in prices, but the tone is firmer, and
some of the principal foreign stocks and railways
are at a slight advance. Consols remain steady at
89i for money, and 891 for the account.
The bullion operations at the Bank of England
yesterday afternoon consisted of an influx of
£ll,OOO, and a withdrawal of 3,000 sovereigns for
Alexandria.

The French steamer, from Vera Cruz, is due at St.
Nazaire, and is expected to bring about £600,000,
chiefly in Mexican dollars,- which are flatter in
consequence.

The directors of the London, Chatham, and
Dover Railway intend to issue a reply to the report
of the Committee of Investigation, and it is con-
sidered likely that it will be presented to the share
and debenture holders within a day or two.
The fourth series of public sales of wool at Liver-
pool have been fixed to commence on the 23d inst.
About 18,000 bales of East Indian have arrived,
and further imports are expected, which will pro-
bably make the quantity to be offered 23,000 to
24,000 bales. The arrivals for the next London
sales, which *are expected to commence about the
15th November, are to the extent of 30,32kbales.
The last week's railway receipts, ascertained up
to this day, are in round figures as under :-
1866. 1865.
Great Western 80,295 76,218
North Western 127,787 124,858
South Western 28,779 27,729
Brighton
Midland
South Eastern 33,023 32,596
Grp.

„Treat Northern
Lancashire and Yorkshire 44,870 41,827
Bristol and Exeter 7,319 7,287
North Eastern 74,528 73,345
Manchester, Sheffield, and Lincoln 21.696 20,357
Great Eastern
London, Chatham, and Dover 12,627 11,835
These returns, when compared with those
of the corresponding period of last year, are
generally of a satisfactory character. On the
Great Western there is an increase of £4,077, on
the North Western of £2,929, on the South
Western of £1,050, on the Brighton of £1,631, on
the Midland of £1,206, on the South Eastern of
£427, on the Great Northern of £1,748, on the
Lancashire and Yorkshire of £3,043, on the Bristol
and Exeter of £32, on the North Eastern of £1,183,
on the Manchester, Sheffield, and Lincoln of £1,339,
and on the London, Chatham, and Dover of £792 ;
the Great Eastern, however, shows a decrease of
£5Ol.

Two O'CLOCK.
According to Reuter's telegram from Paris, to- I
day, the French Rentes were 68f. 70c.
The English Stock Market has been inactive, but
prices remained steady, and Consols are 891 for
money, and at 893 f for the account. The New
Threes and Reduced Ann uities are 864 87 ;
Annui-
ties, 1885,12 15-16 ; ditto Red Sea Telegraph, 198 ;
Bank of England Stock, 242, 244 ; India Stock,
209 ; ditto 5 per Cents., 1044 105 ; ditto Enfaced
4 per Cents., 83 ; ditto 5 per Cent. Debentures,
1873, 102 ; and ditto Bonds 21s. to 225. prem.
Foreign Stocks generally -exhibit au improve-
meat. Turkish 5 per Cents. have advariced 3 to
281 Spanish Passive, 4to 211 i; the Certificates,
to 138 141; Mexican continue at 15i 8 ; Greek
at 141 ; and Italian at 551 1. American Securities
are firm. United States 5-20 Bonds are 71. I ;
Erie Shares 47f 481; and Illinois, 781. Atlantic
at 641
and Great Western Railway Debentures are steady
at 44 451. 651' and the Consolidated Mortgage Bonds
A very limited amount of business has been trans-
acted in the Railway Share Market, and prices in
raost instances exhibit a further downward move-
ment. North British have declined 155., Metropo-
litan, Midland, and North Eastern (Berwick), each
10s., and Great Eastern, North Western, and South
Eastern, each ss.
In the Foreign and Colonial undertakings there
has been very little animation, and quotations gene-
rally remain unaltered.
Bank and Miscellaneous Shares are very dull.
Alliance Bank have receded to 194, and Union of
London to 45. London Joint Stock have improved
to 424 ;
Chartered of India, Australia, and China
arc marked 181, ; and London Bank of Mexico
ill. Anglo-American Telegraph are steady at 16,
; Atlantic Telegraph 8 per Cents (paid up) at
104, 105 ; Credit Foncier of England at 31, a ;
General Credit and Finance at 31, 8 ; and National
Discount Company (new shares) at 7s, 8.