The Sun.
London, England, 1866-08-09 00:00:00

40NEy MARKET

AND -
C°IIMERCIAL INTELLIGE

TWELVE O'CLOCK.
The Directors of the Bank of England have just
held their weekly court, and have not made any
alteration in the minimum rate for discount accorn-
Modation. Some of the speculators at the Stock
Ichauge contrived yesterday afternoon to circu-
-ate a report that a deputation from the joint-stock
k would wait upon the Chancellor of the Ex-
„euequer, urging upon him the necessity for allow-
:11),g a reduction from 10 per cent. to be made by
c,e Bank of England, and the continuance of the
lois'°°: eminent letter intact. The rumour had the
i-te,all'ed effect of causing a recovery in Consols, but
needless to state that there was no foundation
:dr it. The position of the Bank is too weak to
eitit of any reduction in the charge for nego-
a"ng bills ; and there is no doubt that while the
11e8ent high value of money is burdensome to the
csiority of the commercial community its opera-
ts:i (311 has been beneficial by excluding from circula-
°lla large amount of comparatively valueless paper.
4e "v
11: demand for assistance to-day continues rather
' and 9 and 10 per. cent are the lowest
quotations in the open market.
hale official Liquidator of the Bank of London
3, issued a notice announcing a first dividend
°I 'B.Bd. in the pound, which it is thought will be
Paid on the 27th and 28th inst.
414 telegram has been received from the general
traaill;ager of the Panama, New Zealand, and Aus-
-1.0,-741 Royal Company, relative to the Panama
th—"e to New Zealand and Australia, stating that
sail front
vessel for Panama, the Ruahine, was to
0 11
Sydney on the 15th, and from Wellington
4,-,'"e 24th July, the mails by which will be due
~"_,oouth
ocutai.t. the mails
ampton the 13th September ; and that the
"lautunial authorities had finally decided to adopt the
,„ates named in the printed time tables, in order
may arrive in this country at the end
s 'ue month, instead of coincidently with those via
as will be the case during the first two months.
Gold to the amount of £15,000 was taken to the
i2i* of England yesterday, and 170,000 sovereigns
-72 withdrawn for shipment to Brazil.
"Ile Land Securities Company have issued a re-
Pert t,,,
Z• —be presented to the shareholders on the 15th
lltalit• The document states that there is an avail-
high tltaeus ofeeof only £5OB, in consequence of the
discount,
.which have prevented the
blle of the mortgage debentures, upon which the
„siness of the company mainly depends. A pro-
-4073.iti011 has been made for taking over the business
the Lands Improvement Company.
-A•
: deputation of Venezuelan bondholders, con-
11sti
ng of Mr. Thomas Baring, M.P., and the mem-
-I:3,eiss of the Committee, had an interview with Lord
Stanley at the Foreign-office, on Monday last, and
were gratified to receive from his lordship the as-
surance of his sympathy with the bondholders, and
his wish to use his influence to bring to a satis-
tk, :tory issue the negotiations now pending between
thlal British and Venezuelan Governments respecting
e: rights of the British bondholders. His lordship
tecreressed the opinion that the re-establishment of
t: dit of Venezuela would bo highly beneficial
ii4o Crh own interests, and would tend to increase
~Qesnlinercial relations with that country.
to
41 i't}alls last week's railway receipts, ascertained up
c:l4 y 3 are in round figures as under :
North
%ea
.t W t
weess
teern
1866. 1865.
82,128 75,990
n
135,954 131,121 lyth Westerran gilton
Midland
53,590 52,336
South Eastern 30,535 81,652
areat Northern
42,393 40,302
iiirneaster and Yorkshire
IVoirstt2l„.„"d Exeter 8,040 7,916
e-E,sastern
73,801 74,004
ter, Sheffield, and Lincoln 20,641 20,891
1,402t,t .r;astera
~i'clork. and Chatham and Dover
tor'ileSe returns, when compared with those of the
ex:eBl3canding period of last year, with one or two
• ePtions are of a favourable character. On the
Vreat
Western there is an increase of £6,138, on the
North-Western of X, i,833, on the South-1N estern
4,7•
11'6°0, on the Brighton of £2,908, on the Mid-
o'', of on the, Great Northern of £2,091,
~,ur the Lancashire and Yorkshire of £3,506, the
-uchistol and Exeter of £124, and the London,
taste and Dover of £74 ; while the South-
piaster'''. shows a decrease of £1,117, the North-
ti,,er,n
off £203, the Manchester, Sheffield, and
'cola £250, and the Great Eastern of £1,408.

Ace Two O'CLOCK.
A.
, or,ung to Two
telegram from Paris to-
'lay, the French Iterates Were 68f. 60c. Rather
Uneasiness.
Thp
-( Yal'Aous department of the Stock Exchange

are still depressed by the unusual limitation of busi-
ness, speculative as well as on investing account.
The high rates of discount, over which the Govern-
ment have little control, is not an element in the
discussion upon the existing dullness, because con-
fidence is reposed in the present administration.
There can be no doubt that the unsettled weather
is producing an unfavourable effect upon the tendency
of values. Consols are 87k 1 for transfer, and 888
1 for September, showing a decline of k per cent,
compared with the latest prices yesterday afternoon.
The settlement is expected to be satisfactorily con-
cluded, but the rate of " continuation" is as high
as f per cent, owing to the present condition of the
money market. The New Threes were 861 I, and
Reduced Annuities 861 87 ; India Stock, 210 211 ;
and ditto 5 per Cents., 102* 1038 ; Exchequer Bills
for March and June, par to 7s. prem.
Foreign Stocks are generally lower. Turkish 5
per Cents. have declined a to 261 I ; Mexican 1 to
16k 4 ; but Greek have advanced k to 11 12.
Italian have receded f to 501 I ; and the Brazilian
Scrip 1 to 5 4 dis. Spanish Passive continues at
198 8 ; and the Certificates at 148 1. American
Securities show a general improvement. United
States 5-20 Bonds have advanced I to 6811 ; Erie
Shares tto 418 ; and Illinois 1 to 75k.
Business in the Railway Share Market has
been moderately active. Prices opened with
symptoms of an upward movement as regards
prices, but upon the announcement that no altera-
tion had 'been made in the Bank rate of discount
a heavy tone prevailed. Great Western and North
Western have each improved 1 ; Lancashire and
Yorkshire, f ; while North Eastern (Berwick),
have declined 1.

The Foreign and Colonial lines are very dull.
Great Luxembourg are dealt in at 12i 13 ; San
Paulo at 131 ; South Austrian and Lombardo-
Venetian at 15 ; Grand Trunk of Canada at 204 ;
and Great Indian Peninsula at 104 i 105.
Bank and Miscellaneous Shares are very inactive.
Alliance have declined to 18 ; London and County
to 62 ; Consolidated at 4} ; Anglo-American
Telegraph Company, ; Credit Foncier and
Mobilier of England, Sit dis.; General Credit and
Finance, 1i dis. ; and International Financial, 2 dis.
It has been announced that the directors of the
Northern Assam Tea Company have made a call of
10s. per share on the "A" issue, payable on or
before the 31st inst.

BRITISH FUNDS—ONE O'CLOCK.
GOVERNBLENT FUNDS.
3 per Cent. Consols
Do. Account, Aug. 9
3 per Cent. Reduced B7 61
New 3 'per Cent B7 6 f
New 31 per Cent. Jan. 1894
Do. 5 per Cent. Jan. 1873
(innuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth April, 1885 —
Do (Red Sea Telegraph), Aug., 1908 —
March. June.
50
tachDoequer Bills, £l,OOOO, 3 per Cent. par 7pm par 7pm
. £
Do £lOO and £2OO
Bank of England Stock, 5 per Cent —
Do Account

INDIAN GOVERNMENT SECURITIES.
indian Stock, 10 per Cent., AprillB74 210 11
Do. Account
Do. 5 per Cent. July, 1870
Do. 4 per Cent, Oct. 1888
Do. Certificates —
Do. Enlaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 5i per Cent, May 1879 —
Do. Deb., 4 per Cent., Aug. 1866
Do. Bonds, £l,OOO ll pm
Do. under £l,OOO —
FOREIGN FUNDS—ONE O'CLOCK.
Argentine Republic, 6 per Cent., .£l5 pd — pm
Austrian Bonds, 5 per Cent, 1859
Brazilian 5 per Cent —
Do. 41. per Cent., 1852-58-60
Do. 1863
Do. 1865 —
Do Account —
Do. £lOO Bonds —
Do. Scrip, £65 paid
Buenos Ayres 6 per Cent —
Do £lOO Bonds _
Do 1 per Cent. (Deferred 3 per Cent )
°Milan 6 per Cent
Do. il per Cent
Do. 6 per Cent
Do Scrip, £75 paid
Colombian 6 per Cent. —
Cuba, 6 per Cent.
Danish 3 per Cent, 1825
Danubian Principalities
Do. Account ...,
Equador New Consolidated, 1 per Cent —
Do., Provisional Land Warrant —
Do Deferred'
rcgyptian 7 per Cent
, -
Do Second Issue

Do ..£lOO Bonds
Do. 1861 B3
Do £lOO Bonds B3 41
Do. Government Railway Debentures —
Do. £BO paid
~.4reek 5 per Cents, 1821-5, ex Coupons
Do. Account
Do. Coupons
Do. Account
ctuatemala 5 per Cent. —
Italian 5 per Cent 1865
Do Account —
Do. Maremmana, Railway —
Slexican 3 per Cent —
Do. Account
Do 1864
Do 6 per Cent. Anglo-French ' —
llontevidean 6 per Cent., £3O paid
?loorish Imperial 5 per Cent
Do Land Warrants (Hectares)
go w Granada _
Do 2 per Cent —
Do. Deferred
Jeruvian 5 per Cent., 1865
Do. Account —
Do 3 per Cont. (Uribarren) —
Do 4i per Cent., 1862
Do Account —
Portuguese 3 per Cent., 1853
Do 3 per Cent., 1856, '7, '9, '6O, '62, '3,
Do. Account
Russian 5 per Cent., 1822, £ St
Do 41 per Cent. 1850
Do 4i per Cent., 1860
Do 3 pin Cent. 1859 —
Do 5 per Cent. 1862
Do 5 per Cent. 1864
Sardinian 5 per Cent
Do. Account
Spanish 3 per Cent —
Do Account —
Do New Deferred —
Do Account
Do Passive _
Do Account l9l
Spanish Cert. of Coup not funded
Do Account —
Swedish 4 per Ceut. _
Do. 4} per Cent. 1864
Turkish 6 per Cent. 1854 —
Do Account 7B
Do 6 per Cent. 1858
Do. Account
Do £lOO Bonds
Do 6 per Cent. 1862
Do Account 491
Do £lOO Bonds 49
Do 6 per Cent., 1863 —
Do 5 per Cent., 1865, paid up Scrip —
Do Account
97
Do.4per3Cpeenrtc. Guaranteedent.
Do
Venezuela o
6 per Cent., 1862 —
Do. Account
26
Do. 6 per Cent, 1864 271
4
Dividends on the above payeblein London.
Austrian, 5 pm Cent., Ex. 10 Florins ...
B3lgian‘ 41 per cent., Ex. 25f.
Dutch *i'. per Cont. Ex. 12 Guil —
Do. Certificates
French Routes 3 per cent. , 67f. 500.
Italiai. 5 per Cent., 1861, Ex. 25f.
Do. Account ... tot I
TWO O'CLOCK.
Consols for money
I Ditto Account, September

EXTRAORDINARY CASE OF THEFT.—At the Man-
chester City Police-court, yesterday, a boy of ten
years, named Joseph Morrow, whose father is a labouring
man, living in Evans-street, Chorlton-upon-Medlock, was
charged with stealing a trunk containing property of the
value of £3O. On Thursday last the prosecutrix, Miss M.
E. Bailey, of Bolton, was driven in acab to the Oxford-road
station, whence she had to proceed to Brooklands, near
Altringharn. She requested the cabman to carry her trunk
to the platform, and soon afterwards she left by train, be-
lieving that the trunk would be forwarded at the same
time. When she had :completed her journey the prose=
cutrix could not learn anything of her properkv% On the
evening of the same day an assistant to Air. Barlow,
draper, Oxford-road, found the trunk in an ashpit atethe
rear of Mr. Beilow's premises. The discotery Was 0,4111,,
municated to the police, and it was roloiVed that the
trunk should be replaced and the ashpit ktm+ •-• '
veillance. About 9 o'clock o•-•
the prisoner enter-4
house. 4--

r., .user sur-

Liao following morning
tee passage behind Mr. Barlow's
Jumped into the ashpit, opened the trunk, and took
out a dress. As ho was leaving, the constable, who was
watching, asked him why he had come thither, to which
he replied that he was in search of old bottles, The con-
stable then took him into custody, and reference having
been made to the trunk, the prisoner raid that two men
engaged him to carry it from Oxford-road station, and
that after dismissing him at the entrance to the passage
already mentioned, they put it in the ashpit. Mr. Walker
said he should remand tho prisoner for a week, in order
that he might learn whether any reformatory would re-
ceive him without his going to the soasions.
It is said that a single mca4sage was transmitted
by the Atlantic Telegraph cul Tuesday, the cost of which
Was 480.