The Sun.
London, England, 1866-10-31 00:00:00

XONEY MARKET

AND
COMMERCIAL INTELLIGE.P.TOR,

TWELVE O'CLOCK.
The Money Market is easier to-day, and to the
present time not' one of the numerous and heavy
bills which matured yesterday has been returned.
This circumstance speaks volumes for the caution
and prudence evinced by the commercial classes,
especially as the Indian and China business has
lately been embarrassed by the panic at Bombay
.and the large failures that have been reported there
in the produce markets. To-day the inquiry for ac-
commodation is light, and the rates of the brokers
show a renewed tendency to easiness, and first-
class bills are readily taken at 3i per cent.
The reconstruction of the board of the West Lon-
don Wharves and Warehouses Company has been
effected, and the new directors state that the land
In possession of the company and the powers con-
ferred Jay the act of Parliament will, in their opt-
-711011, prove to be of considerable value as reported
by the company's surveyor. It has been arranged
that all questions between the International Con-
tract Company and this company shall be settled, by
arbitration.

The Stock Exchange will be closed to-morrow,
Ist November, as usual, because the transfer offices
of
sthe Bank of England will be shut to enable the
officials to adjust the half-yearly balances of the
establishment. The following communication has
also been issued to the press :—.

London, 30th Oct., 1866.
Sir beg to inform you that the Mining Exchange
Will be closed to-morrow, the Ist of November. I am,
sir) Yours obediently,

W. C. JOHNSON, Secretary.
• There are no arrivals of specie to-day, but several
Vessels are expected. Bar gold amounting to
£BO,OOO was taken to the Bank yesterday, and there
Vas a withdrawal of 10,000 sovereigns for shipment
to Alexandria.

The revenue accounts .of the Punjaub Railway
for the half-year ending 30th June, 1866, show
that the net profits realised during the half-year
amounted to £19,959, against £15,477 for the pre-
vious six months, being an increase of nearly 30
per cent. The working expenses are 62.17 per cent.
of the total receipts. The progress of the traffic on
this line affords a very fair idea of the gradually
increasing popularity of railway accommodation ;
and if the receipts continue to increase in the same
ration as hitherto, the net profits must in the course
of a few years yield a dividend in excess of the
guarantee of 5 per cent, In order to accomplish
this, however, the Punjaub Railway must not be
allowed to remain a mere section without a proper
terminus at the sea board, and without those
branches which would connect it with the great
warts and sources of produce in the province.
At the general meeting to-day of the Royal Mail
Stearn Packet Company the report presented was adopted. The dividend is £3 per share out of
the
?rd nary
nary profits, and a bonus of £2 per share from the
insurance fund, free of income tax, payable by
warrants, to be issued on this occasion (as an ex-
... Optional case) on the evening of the general meeting.
In former reports the directors have alluded to the
ter!ico which the Panama and New Zealand Royal
bet Mail Company (Limited) intended to establish
,„e,ween Panama, New Zealand, and Australia.
routes to those colonies in connection with
1.1318 company line between Southampton and the
thmus of
Panama was opened on the 2nd June
last from Southampton, and on the 15th of the
throe month from Sydney, and it is satisfactory to
shareholders to know that the few
voyagesa already made across the Pacific Ocean
.ave been performed with such efficiency as to
11:1,Y the expectation that the line will rise
laced in public favour. The directors congratu-
fa ed the shareholders again on the continued satis-
k_et°2 arY condition of the insurance account, which
'e.( credit balance of £231,400. The amount of
„"ease that will fall on the company in consequence
ch
athe casualty on board the Seine last year is not
neetPlon therewith are not yet closed, but it is ascer-
Zed that the expense will be considerably less
to 4 in the 11 WaS estimated when the subject was adverted
last report, and the amount will probably
appear in the next account.

Two o'CLocK.
th4cn°raing to Reuter's telegram from Paris to-day
Meetin g
e French Rentes were 68f. 90c.—heavy.
A •
Planet wasilheld to-day at the offices of the
jxol,o Assurance Corporation (Limited), for the
;8e of electing a shareholders' auditor. It was
rated that the affairs of the company were pro-
tiling in a satisfactory manner.
heZl'esterday the market for Consols remained heavy
,Y all day at a decline of per cent., but this
bee
recovered to-day, and for the moment
ex,411.8_, aPPear, if not very buoyant, at least
89ruingly firm.
,The present prices are :
In:hi f°r money and the account. The easiness of
414-eY and the probability of a decline in the mini-
tihe_lnr
more
ere incentives to speculation, and hence
animation and an upward tendency
!alum
tinned in the Foreign Stock Market has con-
have koderately active. Turkish 5 per Cents.
Spanishadanced to 301 ; Greek Bonds, Ito 144 ;
to Passive, Ito 24 ; and the Certificates,
el* 13i 14 ; while the Italian Loan, 1861, has de-
n ilat.6.rtner tone has prevailed in the Railway Share
ch-artlet. Lancashire and Yorkshire, London,
in313:111,) and Dover, and South Eastern have each
an4--„le't ; Manchester, Sheffield, and Lincoln, 1;
aeoineivi.4etropolitan, lf , while Great Western have
13righton
; North LEastern (Berwick), ; and
very I"ereign and Colonial lines continue in
improved koderate request. Imperial Mexican have
to 5, and East Indian, 1031 104, while
Great Indian Peninsula have declined to 106
re:`,..ue dealings in Bank Shares have been very
cl7.lleted. Chartered of India, Australia, and
to Alaa have improved to 17i ; London Joint Stock,
do'2/ ; and Imperial Ottoman, to 91 ; while Lon-
to 11. and County have declined to 61 ; Alliance m-
a? steady, at 184 19.
hthili.the Miscellaneous Market there has not been
d:n,.o animation. Anglo-American Telegraph have
have to 141 ; Atlantic Telegraph 8 per Cents.
a're
are
lilar declined to 82i ; Credit Foncier of England
Nked 31 ; Londin Finaneial, 9fr 101 ; and
ational Discount Company, 144.
6LAmerican Securities show little variation of im-
'a,nce• United States 5-20 Bonds are marked
rT; Erie Shares have improved to 50k. 51/ ; and
nie Shares declined to 771.
Ita4:lhe traffic receipts on the Detroit and Milwaukee
18-6":ead for the week ending the 18th October,
araounted to /52 14s. 6d., and for the corre-
sPon ding
Week in 1865 the amount was £52 Os. 6d.

MINING MARKET.
The chief
'WEDNESDAY, Two o'clock.
a.
il ad feature on the market to-day has been
advance of i 2 per share in Chiverton, and ss. in
tall th, T°lgus. Prince of Wales, Seton,;Great Re-
tie aeK) North Crofty, and East Russell also in
Q 1444
111 iv"toll West Caradon, Great St. Vor, and West
pricei weaker. Annexed is a list of the latest
~....
ei°,:rn Camborne, 25s 27s Od ; Chivorton Moor, 41 1;
Basset Gold, 21 1 ; Clifford Amalgamated, 7i 81 ; East
E et, 22 4 ; East Caradon, 5/1 ; East Lovell, 12 13 ;
aBt
Russet,
tin() 3 31; East Wheal Grenville, ——; Frou-
115t
14'1cl tolivia Gold, 7s 8s; Great Laxey, 18 181; Groat
Wha 11'14,, 13s 15s ; Great South Tolgus, es 8s ; Great
27s eas
Vol., 18 i ; Marko Valley, 4/ i ; North Crofty, 25s
c,'„'r..?rtll Treskeby, 3-I / ; Prince of Wales, 25s 27s ;
tot:Tlarren 12; West Caradon, 16 17 ; West Chiv_e_r-
WI: '") ; West Seton, 135 140; Wheal Basset, 70 ia;
eteal
1521 157 Chivertonl. , 6.1 71 ,'Wheal Crebor, 10 15 ; Wheal
en,

, .I 3 II ITI S II FUNDS
3 vevEnislxt NT FUNDS. —ONE O'CLOCK.
89i
13,21' Cent. Consols
89f
3 'O. Account, Nov. 8
tiper Cent. Roducod BGi 7
874 i 7
613:"..113. per Cent ............................. . . _
lie_z_
,Ites, 30 yrs, expire sth Jan., 1880
711
,7 4 Per Cent. Jan. 1894
..-.°. b Per Cont. Jan. 1873 —
1,-,,0. for 30 yrs,oxp:ro sth Aplil, 1885 —
t_ub ated Sea Tolot,(-raph), Aug., 1908 —
achequer 13Ws, £1,000,3 & 4 per Cont 4 pus