The Sun.
London, England, 1866-10-20 00:00:00

NONE! MARKET

AND

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

The commercial requirements of the public con-
tinue very limited, while at the same time the money
on offer is abundantly increasing. But notwith-
standing this comparatively small demand for ac-
comniodation, and the plentiful supplies of capital
at the command of bankers and brokers, the
idea is entertained that the present value of
money has this year nearly reached its lowest
point. The deficiency of our harvest, and the
limited stock of cotton in the hands of manu-
facturers in this country, have entirely changed
the aspect of affairs. These staples are rising in
value, and large shipments of the precious metals
will beyond doubt have to be made to the sources
whence these supplies are obtained. Already with-
drawals of gold from the Bank have taken place for
Egypt, and consignments must soon follow in other
directions. Meanwhile the rate of discount con-
tinues easy at 38 to 4 per cent. for the best bills.
The seventeenth report of the directors of the
Cape Town Railway and Dock Company records
the continued efficient and safe working of the
railway for the half-year ending 30th June, 1866.
From the continued depressed state of all interests
in the colony the traffic has been less than in the
corresponding period of 1865. Within the six
months 179,063 passengers, exclusive of season
ticket-holders, and 13,763 tons of goods have
been carried, as against 215,244 passengers
and 12,112 tons of goods in the corresponding
period of 1865, and that the gross receipts have
been £20,591 against £22,417. The working ex-
penses for the same period, exclusive of the sum of
£1,882 13s. 6d. for the renewal of decayed sleepers,
to be passed as before to capital account, amount to
£17,066 Bs. 10d., as against £17,889 6s. 7d. for the
corresponding half year. The result shows a
Profit of £3,022 2s. 10d. in addition to the amount
paid by Government under the guarantee, leaving a
balance (after payment of debenture interest and
other home charges) of £10,560 is. 4d. available for
dividend. The directors recommend that the sum
of £10,166 shall be appropriated to the payment of
a dividend at the rate of 4 per cent. per annum.
The dividend will be payable on the 29th inst.

There were no Bullion operations of importance
at the Bank yesterday.

The Moravian has arrived from Melbourne with
£189,185 in specie.

The traffic receipts of the East Indian Railway
for the week ending 2d September, 1866, were
£36,473, against £26,638 in the corresponding week
of the previous year.

The specie movement during the past week has
been on an extensive scale, owing to large arrivals
from Australia, and the West Indies, and Pacific.
The imports have amounted to about £1,100,039,
including £3,600 from New York by the Fulton,
£18,431 by the Java, £26,648 by the City of Paris.
The Reigate, from Australia, has brought £30,000,
the Aloraviax £143,350, the Massilia £458,574.
The Esther, from Mazathon, has arrived with
£139,000 ; the Tasmanian, from the West Indies
With £195,000. £50,200 in gold has been received
from Portugal, and £39,236 in silver from the con-
tinent. The exports have been £86,875 to the East
Indies and China, by the China, and there have been
remittances to the continent, through private sources,
estimated at £200,860, the latter amounting to
£287,735.

Two O'CLOCK.
The money market for the week has closed very
g4ietlY, and no difficulty has been experienced in
Obtaining accommodation on terms much below the
leinbuum of the Bank of England.
According to Reuter's telegram from Paris, to-
day, the French Rentes were 68f. 77c.
There has been the usual Saturday dullness in the
markets for all descriptions of Stock Exchange pro-
Perty, but they have been very well sustained, and
after noo e
Consols closed at the prices last current yesterday
viz, 898 1 for money, and 891 1 for the
athee°llllt. They are therefore / per cent. higher than
fey were last Saturday. The New Threes and
Plied Annuities are 871 j ; Indian 5 per Cents.
1051 I, ditto 4 per Cents. 941, and ditto Enfaced 5
per Cents. 101.
No material alteration has taken place in the
prices of
Foreign Stocks. Turkish 5 per Cents.
are 284 29 ; Mexican, 15/ ; Greek, 131 1 ; Spanish
Passive, 221 ;
41the Certificates, 141 ; and Italian,
States 651. American Securities are steady. United
5-20
Bonds are 681 69 ; Erie shares, 50k ,
_and Illinois, 78 79. • Atlantic and Great Western
-Uebentures have further advanced 1, to 64 65 ;
And the
41 Consolidated Mortgage Bonds are firm at
42, ex coupon.
A moderate amount of business bas been transacted
HI, the Railway Share Market, and‘prices generally
5550 Stock,
a further slight improvement. Great Northern
tock, and Great Western have
each advanced
as. North Western and South EaStern, each 10s. ;
nh British, 15s: ; while Midland have de-
The.. Foreign and Colonial lines remain at about
previous rates. Dutch-Rhenish are marked 191 ;
Bahia and San Francisco, 12 ; South Austrian and
Lombardo-Venetian, 161 ; Grand Trunk of Canada,
19 20 ; Eastern Bengal, 100 l ; and East Indian,
1031
Bank Shares have been dull, although 'without
material change in values. Chartered of India,
Australia, and China remain steady at 18.1 19. Mid-
lar d have improved to 17 ; Alliance are marked 181,
Consolidated 5 1-; Provincial of Ireland 80, and
Union of Australia 47.
Miscellaneous and Finance Shares are quiet.
Atlantic Telegraph stock, however, has improved
to 52 55, while the 8 per Cents. guaranteed have
declined to 93/ ; Credit Foncier of England are
steady at 31 1 ; Hudson's Bay Company at 17 ;
and City of Mexican Gas at 16.

MINING MARKET.
SATURDAY, Two o'Clock.
The Mining Market to-day has been very quiet.
Prince of Wales has been flatter, but there has
been a slight improvement in Great Wheal Vor.
Subjoined are the latest quotations :
Cara Camborne, 20s 25s Od ; Chiverton Moor, 41 5;
Chontales Gold, 21 I ; Clifford Amalgamated, 7 8 ; East
Basset, 21 23 ; East Caradon, 5 Gi; East Gunnis Lake
and South Bedford, 12s 6d 15s; East Lovell, 11i 12 ; East
Wheal Grenville, —; Froutino and Bolivia Gold, 7s 9s;
Grambler and SL Aubyn, 5i si-; Great Retallack, —s ;
Great Wheal Vor, 18 20; Marke Valley, —; North
Crofty, 20s 25s ; North Treskeby, 3f I; Prince of Wales,
2res 298 6d ; South Darren, 11 2 ; South Grenville, —s ;
West Caradon, 15 16 ; West Chiverton, 57i 60 ; West
Beton, —; Wheal Buller, 20 22 ; Wheal Chiverton, 4 4} ;
Wheal Grenville, 218 265; Wheal Seton, 155 160.

BRITISH FUNDS—CLOSING PRICES
GOVERNBLExT FUNDS.
8 Der Cent. Consols - i fl
Do. Account, Nov. 8
89*
8 per Cent. Reduced
New 2 87*
New 3 per Cent -
1 f per Cent. Jan. 1894 _
-D0- 5 per Cent. Jan. 1873
Annuities, 30 yrs, expire sth Jan., 1880
DoDo for 30 yrs, expire sth April,BBs — E , (Red Sea Telegraph), Aug., 1908 —
100equer Bills, .£l,OOO, 3 & 4 per Cent —
Do.
£5OO
Do
8" £lOO and £2OO
Do Account
of En
land Stock, 54 per Cent —
I IN
GOVERNMENT SECURITIES.
adian Stock, 104 per Cent., April 1874 —
"
,°- 50- Account
per Cent. 0
. July, 1870
o. 4 per Cent., Oct. 1888 94 i 1-, Certificates —
,D - Enlaced Paper 4 per Cent —
D°.
'. 5 Per Cent., Jan. 1872
64 Per-Cent., May 1879 —
Do. Do. Deb., 5 per Cent, £lOOO
1873
A FOREIGN FUNDS—CLOSING PRICES.
-`rgentiue Republic, 6 per Cent., £l5 pd.. pm
f
?I,.notrianruition Bond; 5 per Cent, 1859 —
5 per Cent _
D°- 44 per Cent* , 1852-58-60
Do
1863
1865 _
Do Account o
D. £lOO Bonds 6Bl
Do !Q .
13 • ^-'0r11). £65
00 paid
DO 1 per Ceut. (Deferred 3 per Cent )